This one needs mention too....

Notice the trading on 2nd Sep... hitting the highs on relatively low volume ....

The question will be :

I would blame the PE ratio

Is just that I'm too cautious when trading high PE stocks..

too kiasi

next time.... give me the tip first...

Better post something else this thread gets .... err .... quarantined....

Someone just shafted CIMB leng chai report on TG ....




that rather says it all for me............

Glove stock need ambulance

Hahaha atleast they honest.

short answer? Not advisable unless you understand the risk

high risk high return lor.. one bid is a huge percentage

Yup, the numbers were all the same as in his report posted in July....

Anything good?

Time to insert glove stock and catch rebound in your buku 555

anyway i already trim down my position due to KLCI position, not looking good at all

Dunno how to play at the moment.....

Next time i wanna call this run up bust down the kyy effect already. Gotta trademark it hahah

no understand.... what's this got to do with that old fart?

KY jellY is required to pump rubber and dump.

This post has been edited by lowya: Sep 10 2020, 10:11 AM

Ah Boon already mentioned many times, the price of the glove is price at future pricing provided the ASP is increasing 10-20% each quarter. The fund manager already bought in earlier on January until May/June, so basically their average price is around that level, when it goreng retailer go chase it and now retailer trap on it again.

Supermax new factory is up, Harta should be fully operate within this few months for factory 6 in NGC Sepang, Topglove and Kossan is expanding too. Combining their capacity is increasing about 8-10bil of gloves each year.

U laught KYY but KYY laugh to the bank. Don't underestimate him because he know the market sentiment.

Yeah, I am aware of the overcapacity issue.