I did download it.
Waiting to properly read it during lunchtime. Chairing meetings in the morning where I can sporadically reply in between presentation decks.

two things...

1. Part of your value is anchored to current prices....

2. Market will still be forward looking.



For 1.

Current windfall is due to these astronomical Selling Prices. Once it falls, there's a great chance that we will never see such extreme ASP again....... unless of course, a brand new pandemic happen again........

In the meantime, when the ASP normalize .... what will we see? Price war amongst glove makers. Yup, the big one, sure they can and they will survive. But how long will the price war last? A year? 2 years? 5 years? So in a price war, do you see earnings increasing or declining?

Meanwhile... not all customers will be forgiving. They will remember what happened these few months. They will remember how the current glove makers, demanded deposits for order, constant price increment. Yup, in short, how many customers will remain loyal ? Will they switch to newer suppliers?

and yea... check out the glove makers pre covid stock performances.


For 2.

Once it fall the ASP, what's there for the market to look forward to? Without the prospect of earnings growth, how to seduce buyers?

This post has been edited by Boon3: Feb 2 2021, 12:28 PM

so says the Harta long term shareholder ....................................

Thanks for the material and the views.
A lot of data points to crunch. One common denominator amidst all these reports is that based on current prices, there is a slight upside even based on the expected drop.

But sentiment is still big. What actually struck me when looking at that TA report was that inverse past 6 month correlation between the TG share price and the KLCI.
Maybe the daily MCO lifestyle affecting investor decisions.

I agree, the price war amongst the glove makers, has a very high chance to revert the ASP back to pre-covid if not lower. The earnings growth prospect will only come from the CAGR demand, no longer from ASP hike, which definitely will be extremely slow, compared to covid explosive growth.

BUT, if fear strikes until it really drops to pre-covid price or even lower, I really dont see any harm buying based on the currently projected data available today. But definitely will not discount the possibility you mentioned above. Hence, the FA entry should be adjusted even lower for more safety margin.

This post has been edited by HereToLearn: Feb 2 2021, 01:28 PM

haha. speaking from my opinion only lar. this is a forum mah

something did interest me on Dancomech. PE ok, high volume, company expected to announce higher revenue to to acquisition of company. some sharks are already inside and probably will cause more awareness on the market

it's a very good stocks to ehem..trade

but the problem i foresee it's the outstanding of volume. however it is not a bad in business point of view where the conversion of warrant can be used to pay off for the acquisition

statikinetic

Just saw this ....

https://www.bursamalaysia.com/market_inform...?ann_id=3126156



Boss gets big chunk!!!
Brother & wife also get!!!


64 million new ESOS!

Wow.... this fella is screaming for new real estate ......

Waa, another round of ESOS.
On top of monthly salary they also taking monthy ESOS?

The amount of ESOS options offered to the bosses directly... is shocking. It's not as if the bosses are underpaid....

Rather disgusting imo ....




... sadly ... not many will bother or care ......

Good times for the boss.
Getting ESOS and doesn't need to prop up the share price with SBB and personal buys, that bucket has been passed on to retailers with their ardent fangroups of TG.

Fighting short seller more important than looking at management.

Cause most don't go in as investor although they claimed to be.

If you bought it, I hope you secured an entry position below 4.00 yesterday.
Scientex looks to be on the move.

Missed the boat

Well, we were just exchanged thought around this boat last Fri/Sat. Didn't expect it to move so soon.
Start looking for new boats at the harbour. Hopefully it's an empty luxury yacht this time, I want a CNY pressie.

Yea, I saw it..and was lurking around What not with the noises of $GME etc.

Next time should just sit down look at my the boat i want to be in

Unfortunately I did not get onboard, as I was busy during the day.

When I had time to sit, the counter has taken off. No excuse though, I would have to bite my teeth now.

Epic failure selling uw....