Hahaha.... firstly, I apologise for answering you here. I post it here cause I can find what I had posted b4 much easier. 

The following is what one probably should have done.... a few months back, before this 19 became a full blown pandemic, the obvious question or logical one is should one whack on the glove sector? or related sector such as medical supplies etc etc....

For reference ... we have the SARS outbreak ... which happened during 2002-2004.... so the homework has to be done on the leader of the pack, TOPG.

in 2001, it was reporting a total net profit of 17 million. The year when the outbreak started, its net profit grew to 20 million and then 25 million the next year, then explolded to 39 million... and by 2006, with sales reaching almost a billion, its profits grew to 78 million.  (numbers were taken from Bursa website and it was from the quarterlies (too lazy to click on annual) ...

so in terms of profits, SARS did had a really positive impact on TOPG.

** ok.. the argument is ... of course .... those were days when TOPG is in its infant stage. It was a baby company then. TOPG now have sales of over 1.2 billion per quarter. Yup, that's how much it has grown. So obviously there will be a BIG DANGER if one blindly assumes that TOPG profit will experience as an explosive growth as during the SARS era.

** 19 is different. It's worldwide and is there any impact on TOPG workforce and any raw material supply concern?
And next, of course, we need to have an indicator or picture of how TOPG fared during those SARS period....



Multibagger!!! A big one....
Well ..... this is what I would have done ...... 

I agree with you that it all looks way too optimistic right now.

Wow you must be sifu super rich     . Sting a little only when missed out on rm5 per share. Me missed out on 1sen also pain so newbie many things to learn

The coming reporting quarter is for the period Jan to end Mar. So the boom will depends on when the orders actually starts picking  up...

some few sen from a trading perspective.... (nothing to do with rubber glove sector)

1. fast and nimble .... i know, i know... many would not agree... but from my side, my preference is trade fewer (preferly one or two stock) and trade it on a longer time frame....

Time ... actually helps a whole lot ... if one buys correctly (there's the saying... buying correctly solves most of the other problems... such as when to sell ..) so if I had decided to to be in an early phase of a trade ... then .... I would do nothing but sit on the trade. Sitting and doing nothing when your position is correct is how one builds to be successful...

fast and nimble.... this always, always leads one to making many more trades.... is simple. when one is fast and nimble the profits per trade tends to be razor thin....and using the law of averages, all it takes is one bad move to wipe out all the fast and nimble trade winnings...

just saying only. as you know, each of us have different abilities...and if you have been doing this profitably for a long time, do stick to what suits u best. just offering you a 3rd opinion....

2. when euphoria strikes.... a stock can usually trade at much crazy valuation than we expect....

   

Nice!! Some great points for and against.

Understanding the risks and rewards in one trade is very important. Always ask is there enough meat (reward) to justify the position....

Punters are coming out from everywhere...

Quote :  It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight! It is no trick at all to be right on the market. You always find lots of early bulls in bull markets and early bears in bear markets. I've known many men who were right at exactly the right time, and began buying or selling stocks when prices were at the very level which should show the greatest profit. And their experience invariably matched mine--that is, they made no real money out of it. Men who can both be right and sit tight are uncommon.

From Reminincse of A Stock Operator... 

Quote:
In the end, time in the market is what counts. Legendary investor Charlie Munger from Berkshire Hathaway sums it up best, “the big money isn't in the buying and selling… It's in the waiting.”

and like I said b4, when euphoria hits, stocks can trade at crazy, crazy valuation.


Yr199x craziness??

well... well ....

finally a good time to take profit .... signs are finally there..... 






Done and dusted for the year.... a very good year!

... I do have to admit the euphoria got to me most of the yesterday.... decided to do a bigger scan on the sector later in the afternoon and realised that it was time that I got off me sitting on my ass .... yes, there were a couple of signs and the obvious one of course was too fast, too furious, too soon... if that was the only factor alone, I probably let it slide.. and the other couple reason was the gravy train was grinding to a stop and of course there were some signs of distribution ... classical signs of climax in a rally..... but the main one was I was missing out the eruption on the top (pun intended hahaha)

that eruption.... was the nail in the coffin ... imo.... that the climax is near and in such situations, it has proven time and time and time again that the best course of action is that the stocks should be sold.... without hesitation.
ps... just sharing the couple of things that I wrote in my notes....

1. in a frenzy, valuation is just a foot note. It is what it is. If based on valuation alone, a trader is most likely to leave a huge chunk of profit on the table.
2. in terms of risk, there isn't much really IF and IF one got the buying in correct. The right buying solves most of the problem. It still held true here.
3. WAITING. waiting again is always crucial. Patience is really important for one to sit tight and do nothing. Never sell JUST BECAUSE there is a profit to take. That is always the worst thing to do.
4. in a sell off, there is always good profit to be made. All is needed is one good trade. Find it and sit on it. And yes, look for the sexiest story that can be told in the sell off. If it ain't sexy to me, it won't be sexy for others... all is needed is one good trade.
cheers

Quote :  It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight! It is no trick at all to be right on the market. You always find lots of early bulls in bull markets and early bears in bear markets. I've known many men who were right at exactly the right time, and began buying or selling stocks when prices were at the very level which should show the greatest profit. And their experience invariably matched mine--that is, they made no real money out of it. Men who can both be right and sit tight are uncommon.

From Reminincse of A Stock Operator... 

Quote:
In the end, time in the market is what counts. Legendary investor Charlie Munger from Berkshire Hathaway sums it up best, “the big money isn't in the buying and selling… It's in the waiting.”

Bro, you wanna try another bat ?

Can look for Semicon / Tech

I've been camping that for awhile after exiting glove, i think their run could be soon 

Here are some selected stock charts.... the blue vertical line indicated 4th June... the day you asked me...








here are my 3sen opinions...

1. most of the tech stocks have done pretty well since early March...

2. now this for me was the matter of preference. If I had not chosen the glove stocks, for sure the tech sector 'might' have been a choice for me... but then it's June and frankly, these stocks in June was not in my buy setup. Not that cannot buy ( and if you would recall my earnest reply to you was that it was worth a shot) but most of the tech stocks simply had been trending nicely and imo the trend could still have legs to go very much further....

yeah, it's complicated. lol. I see them going up much higher but I would not trade it.... LOL. Make sense?

3. If I had chosen the tech sector instead of glove stock, clearly I would have just sit on my fat SSSS and not do twiddly...  there is no sell indicator, so why la sell?

LOL! You bought much earlier than June 4th .....

I don't follow this stock. Hahaha.... Dunno what UWC stands for.. dunno what it does.. lol...

Considering your purchase price... LOL..... why sell? Seriously la..... I don't see the weakness la... in fact it does looks interesting...cos we could even have a pennant play here....


Anyway, do a paper trade yourself here...
assume you DID not sell...
assume you will hold the stock till the day the stock actually corrects (more than 5%) ....
mark that price vs your sell price today...

why?

it seems you are selling AHEAD.....

@ChaOoz

[attachmentid=10526892]

Got to say, it's still looking good.

Hahaha.... not rubbing it in but since you had posted, I did kept track on it. In fact, I read the earnings rpt too. LOL.

Maybe I should paper trade what you sell.... kakakaka...... just joking la.....

Don't hear too much...... nanti you cannot tahan oh..................

*cough* ....*cough* ..... Superman....

Now I really, really hate doing this.... esp commenting on that so called siput.... those that know me, know m past postings here explaining why one should really, really be on the alert on the nonsense insinuations he has always had been making.... (LOL!.. I am also not a fansi of Tan Teng Boo (icapital) (not a fansi is really an understatement... )

Anyway.... I do not simply discredit ppl without any proper reasoning....

https://klse.i3investor.com/blogs/koonyewyi...oon_Yew_Yin.jsp

His argument...  dud to the solid demand of the gloves, these glove makers are now in a position where they can raise their ASP.

No problem... I can understand this .... this reason as a catalyst to be bullish on the stock is really acceptable. No problem.
However, the problem is valuation....
Ah... when things are bullish... no one WILL really look into the fine details.
It is what it is...
When market is bull... no one looks for potential red flags or what not...
This is how the market works...

but........



let's look at the finer details for fun la....
why not? Sunday is Funday ma...

So KYY price target 13.50 or 18.00 .....
his calculations is based on the assumption that the profit can increase by 15% per month....

READ it as it is.....
15% per month...

and then he compounds it NINE consecutive months....


LOL!
If I compound it few more months... I can easily whack a potential target price of rm20 or even more...


Now can we think how ridiculous on what he is saying here?
So what he said... if first month the profit is 514 million... after compounding it 9 months.... profit for the 9th month should then be 1524.
LOL!!!
KAKAKAKAKAKA !!!

From 514 million to 1524 million....

Best rocket way to estimate the future profit of a company...............................
Last time I read ridiculous reports where analyst based their profit estimates on 35% CAGR for the next 3 years.....
KYY is now basing the profit estimate on an annual growth of at least 300%!!!
Sure win lo......

chart atm is pretty bull...
siput writeups lagi bull.........................................

It's utterly sinful that a person like him make such insinuation that a company like Superman net profit can compound at 15% MONTHLY?

Does he have utterly no integrity or shame?

But sadly, punters only want to know what's the target price and NOT how the prices are derived.

Oooolalala....     
kamsia....
have nothing in the market... lol ......
AirAsia? LOL! One of the golden rule is not to touch stocks with shitty owners...