Forgot to add this...

Like Harta case, Superman current qtr result doesn't really matter.

Because... all the TPs were based on fy21 or cy21 numbers.

And the ASP increases... won't there be repercussions in the future?

Put it this way...
If my supplier keeps on increasing price constantly at an alarming rate... there will be a time in the future... if ever I get the opportunity, I would tell my supplier to buzz off

Yup. It's not gonna happen now but one day it will...

Cos the news of these glove makers enjoying wild profits due to higher ASP will be known to their buyers....

Very soon we will see prices based on fy 22 estimates la...

Else how to get them forty prices

This post has been edited by Boon3: Aug 10 2020, 09:28 PM

That's why MALU for him laaa

He own self give rocket number mah......
which had the target price based on his gold standard 20xpe ...
the TP (toilet paper) price for SuperMan to be around 24

But he did not TRUST what he wrote...
and out of the blue...
after giving that high price (back then) ... he sold at 18++


and then to makes matter worst ...
he started talking ayam saying Superman is expensive based on how many % it had risen since March....
ask people to follow the other stock he had bought...


well, this is the last time I am kindly suggesting...

do not read his writings or follow his stock writes which obviously written so that he can profit when people follow his writes.

here's a question for u ....

If you had not cashed out on Friday ...
where would you set your cut profit/loss point?

Hope you don't mind me asking.....

1. Do you think it's important to have your own trading edge?

ie ... you ant to trade in such a manner, that you know it is best trading method, where you have a decidedly much better advantage than others?

2. If so, won't listening/following/reading stuff from this old fart, where he had been proven to buy, promote what he buys (he does it by writing) and then dumping?

3. His track record of failures is quite long....

4. His track record of people following his recommendation and getting burned is LONG too ....

Therefore .... a friendly word .... avoid at all cost .... well, that is if you want to be a good and successful trader yourself.

anyway just my 3 sen opinion and you have the rights to disagree completely. LOL! Cause many time I simply talk ayam one.

If the market on gloves wasn't so bullish ... he would have gotten shit all over once again.


Yeah... taking it with a pinch of salt is good but in general, trust me, it's a distraction.

Trust your own reasoning.....

TopGun ... current ...



'If' you have it...

1. where and how would you plant your exit?
2. what are the sell indicators to look for?



Here are some things that I see...

1. UPTREND of course is intact lor
2. That candle on the 4th ..
3. number of hitam candles is getting more ....
4. the low current volume ...




nothing too conclusive imo ......

Ooo.... you see the weak price action huh .....

Kenanga trying to play catch up ....



Comments.

1. wtf is 20.8x pe multiple?
LOL! 20x cannot meh? 22x cannot meh? why need to sound so geng using 20.8x.
So baffling! LOL!

2. Again is CY. WTF is wrong with these scientist. Grrrr..... why cannot stick to Fiscal year?
you susah susah make a research report and you want me to figure out WTF you are trying to say?
You be fired if I am the one you are writing for...

So CY 21 will consists of 2021 Q2, 2021 Q3, 2021 Q4, 2022 Q1 reports.

See how bloody confusing and ridiculous it is!

3. Estimate CY EPS is 122.3. The number of share outstanding they use is 1291 million shares.
Their estimate CY profit then should be 1576 million. Correct ah?

Yeah... damn... the user must count sendiri....

4. If only 1571 million... then annualised (divide by 4) ~ 394 million per quarter only wo....

Isn't the scientist behind the curve? or is the scientist suggesting no growth?


*** perhaps another report is coming... with bigger numbers?


** my counting correct ah?

see the posting above this ....

they have a new report out on Harta too...

they increased their estimate cy21 eps... lol...

so tp is now ... 26.22




me? I cannot play this game...

btw.... I think it is pointless to look at Harta already .... waste time ....

Ah Kong.... Die hard hard ......



Ah Mei..... Die hard .... will it be die hard hard soon?






Goreng so fast so hard until whatever fundamentals also hanggus ...

This post has been edited by Boon3: Aug 11 2020, 12:06 PM

It's well documented that a good entry (ie buying at the right price) solves most problems .... but knowing what are the tell tale sign to exit the stock for a profit is just as useful ....

.... LOL

This hor .... must remember ......... once it's sold .... it's not mine.

Once sold .... case closed....

HABIS cerita la.....

it doesn't matter whether the stock goes up much, much higher.
And it doesn't matter whether the stock justifies the selling and retreats much lower.

if keep thinking what happens next after selling.... this is the fastest way to be a trader who never sells at all.... LOLOLOLOL!!!!

Cannot get too emotionally attached to the stocks....

Stock was goreng way past its fundamentals...

Clear sign to sell the stock based on how it run up....
see chart posted this morning...

You can win actually...if you have the hindsight to be in b4 the crowd...

For example...
The gold movement did not happened overnight.
If one had paid attention, one could easily got in when gold was less than usd1700.
Easily.
Next, you must have your own conviction that the gold would run..
Ok, even if one have dilly dally, it was possible that one would have look at gold at usd 1900..
At that point...
Buy Bank Negara gold coins (which I thought was the bang bucks option) but if one were die die insisting on stocks, then one would have considered stocks like Ah Kong.
This would have been a better way to speculate.

Not connecting...

You were asking me if it was possible to have profited from gold stock, my answer was yes. Be in first.

Yes a lot of penny stocks crashed. It happens. So many were simply simply goreng up. Some mentioned Nice. I took the extra initiative to screen shot the briefest financials data. Clearly Nice was not a stock to touch. But yet Nice flew so high.... and now it corrected big time. Err.. normal what. Nothing shocking imo.

Today, some 1 also hinted the new glove stock... fundamentals aside... the bottom line was the stock was just less than 15 sen not too long ago. It was above 1.00+ when I replied that message. Anyway, it just proves these punters are not doing the extra work needed. They needed to do at least minimum background check...
etc etc...

And the stocks that crashed.. didn't they simply went limit up? So now they fall down hard....err... normal la

This post has been edited by Boon3: Aug 11 2020, 08:58 PM