That's the theory ma .... but theories are theories. Sometimes it is simply better if one reviews one's investment and addressing the issue if whether one should take profit.... that's really a must la.

Cos, if you can sell your investment for a real good profit, why not?

why die die follow a theory and then only to be proven wrong?

Se letting it be, as per the theory, you know very well if see the company profits drops, the stock prices will drop. This one cannot escape one.  So back to the first question I asked you... Current extreme profits. Ask yourself, what are the chances that such profits be repeated?

stock dividends.

Do we really want to get into this again? 

I showed the few examples showing the impact of what will declining dividends do to a stock price. Still want to repeat meh? Dividends go down, stock prices will go down. Remember the Reits examples?
Okay, here's more simplicity issues for your consideration (ehmmm... you ownself research study and then decide la, don't ever let me be the deciding factor)

1. Who are the biggest buyers of these gloves? Europe and USA, yes?

2. Are the daily covid cases increasing or declining since the start of the year?

3. Vaccination. Do you know that as of 18th May, 1.48 Billion vaccinations has been administered so far.

https://www.bloomberg.com/graphics/covid-va...l-distribution/

4. Is there recovery signs in Europe and USA?

look at sports.

In England, the FA Cup allowed 21,000 fans to watch the game.  US Baseball is starting and they are allowing 1/4 capacity for fans. Things are looking up!
Simple, simple issues to address... with all these happening, do you think glove demand will increase or decrease for Europe/USA?
p/s and then the supply side issue.... increasing or decreasing?

Just blowing some water la.... it's no big deal.
Passive income. The theory is of course good. But it's not so simple in real life.

Take our MReits. The idea of course is fantastic. What cam go wrong? Buy and hold and receive the dividends forever and ever.

Now the problem or the risk is .... as can be seen in c19 pandemic, how would ever think that holding malls reits could be so risky?
But unfortunately yes. As dividends reduce, the stock falls in share price.
And the problem here is, our price of investment.
If we had invested in the reit at an overly optimistic price, the fall in shares could be greater than the dividends received....
Well, yes, perhaps holding in for many, many year ... it might recover BUT what if it doesn't?

Look at CMMT. Okay, the quality of this REIT is questionable but the dividend yield has ALWAYS been very attractive and sexy....
but as sexy as it was... the dividends had always been reducing... which meant the stock price fell as dividend fell.
Holding this reit for a longer period, such as 7 years... did the investor no good.
End result still same... huge 'paper' losses. (for me paper losses or paper 'gain'... it's real. If you have paper gains, those gains are yours. No one is gonna take a sen away from you, unless of course the stock falls. Yup! Same with paper losses. The shares is only worth what the current traded price. Not a sen more. It doesn't care your cost of investment.)

But of course, the better ones, they probably might recover...

and this is the very problem/issue/risk with passive investment.

It simply takes a long time to prove our investment right or wrong.

Imagine.,.. 7 years.... only to find out your investment idea was right but then your stock selection was wrong.

And then.... yes.... your investment idea was correct, the stock pick was good, spot on but we bought the stock at the wrong price.

and then... of course... as proven now... the stock pick was good, the price of investment wasn't too bad but a sudden deep crisis (like C19) changed the whole business economics of the stock we picked... creating carnage and totally destroying the business fundamentals.

Yup, the theory could be right but our application of the theory might be faulty. How? Wait 7 or 10 years to prove that we are wrong? And what then to our investment? What if it's down 60%? Would we have to stomach to cut the losses?
and here's comes the screwball...........     

mine is also theory... 

I could also be wrong..... hahaha........