QUOTE(Boon3 @ Mar 6 2017, 12:02 PM)
You did mentioned that you want to add up...
You did, right?

I got Elelphant virus one la....
Anyway...given such a scenario...
How would you add up?
Buy half more?
See I also got ingat....
You said your cost low.....

So this is what I will do...
For buying more...
I wait for Q report...
If i really kena seduced...
Then....
1) chase the damn breakout
2) let it breakout, then only add up when stock consolidates
How many shares buy....?
For your case, since cost is low....
The number of new shares to be bought SHOULD NOT increase the new cost by .... 25%.
* I might use 25% here la...since cost low and also drpends on how aggresive I want...
* normally mine is 10%
Your say?
Haha too late, added recently.. buy up.

Cost increase is not too much, as I buy only 25% of holding amount.
Now hope next Q report becomes better.
Anyway, nitrile prices just start to spike in Dec/Jan.. so should not affect the next Q report too much. We need to see rubber glove companies (Harta) earnings as a proxy to Superln as they use the same raw materials and USD selling price. Latest report seems like it is still holding up quite well.
Since harta always report 1 month earlier than superln.. this can be an earnings clue.
QUOTE
Synthetic latex, the main feedstock to make nitrile medical gloves, has spiked in price by more than 55 per cent to US$1,490 per tonne from US$946 per tonne in Sept 2016.
This post has been edited by gark: Mar 6 2017, 12:15 PM