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 Gloves = RIP, The end has arrived

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youngblood29us
post Nov 17 2020, 10:36 AM

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Gloves will recover once the vaccine news settles down..their order books are full till 2022...once quarter results starts coming out in the next few months, investors will realise how dumb they were to dump glove stocks...
tkh_1001
post Nov 17 2020, 10:37 AM

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all in today SP DJ
smallcrab
post Nov 17 2020, 10:42 AM

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Wait for another pandemic in 20 yrs
SUSEBBattlefield
post Nov 17 2020, 10:47 AM

Ramadass Vijandren
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QUOTE(youngblood29us @ Nov 17 2020, 10:36 AM)
Gloves will recover once the vaccine news settles down..their order books are full till 2022...once quarter results starts coming out in the next few months, investors will realise how dumb they were to dump glove stocks...
*
by that time, might as well invest in recovery stocks like airlines and banks.....
honestly. we all know glove is temporary, just when it ends only.....

banks meanwhile, can only go up.
only question is how fast
MANU4LIFE
post Nov 17 2020, 10:48 AM

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today sold those non big 4 glove stocks, cut loss at about 5k

still keeping kossan tg and harta

bought cimb hope can fly to rm 5
Divou
post Nov 17 2020, 10:52 AM

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If you have holding power, just hold lah. Strong fundamentals , long term orveven mid term no problem. If put FD few years also can wait, why not this.
MANU4LIFE
post Nov 17 2020, 10:53 AM

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QUOTE(Divou @ Nov 17 2020, 10:52 AM)
If you have holding power, just hold lah. Strong fundamentals , long term orveven mid term no problem. If put FD few years also can wait, why not this.
*
yes thats y only keep big 4
teehk_tee
post Nov 17 2020, 10:55 AM

ไม่เป็นไร
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'fundamentals'
papaya2
post Nov 17 2020, 10:55 AM

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just stock in TG at rm6.5 for rm630k...hope naik this afternoon...
B1az3
post Nov 17 2020, 10:56 AM

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buy high sell low
yed
post Nov 17 2020, 10:58 AM

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QUOTE(gogo2 @ Nov 17 2020, 09:34 AM)
Mana messiah?
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He will issue his standard statement as usual..
SUSEBBattlefield
post Nov 17 2020, 10:59 AM

Ramadass Vijandren
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QUOTE(gogo2 @ Nov 17 2020, 09:34 AM)
Mana messiah?
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he mahsing until pukima diu ni ah sing already
SUSFenix98
post Nov 17 2020, 11:00 AM

Happy Meal upsized Sir?
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messiahword kam cheer your kazen
youngblood29us
post Nov 17 2020, 11:05 AM

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QUOTE(EBBattlefield @ Nov 17 2020, 10:47 AM)
by that time, might as well invest in recovery stocks like airlines and banks.....
honestly. we all know glove is temporary, just when it ends only.....

banks meanwhile, can only go up.
only question is how fast
*
dont be so excited over banks...once ppl realise it will take time for 1) vaccine to be ready for the people and its effectiveness 2) economic recovery, another fall might happen
MANU4LIFE
post Nov 17 2020, 11:14 AM

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QUOTE(youngblood29us @ Nov 17 2020, 11:05 AM)
dont be so excited over banks...once ppl realise it will take time for 1) vaccine to be ready for the people and its effectiveness  2) economic recovery, another fall might happen
*
yes but can start collecting now while price is still low...perhaps only cimb have yet to hit peak
silverwave
post Nov 17 2020, 11:15 AM

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QUOTE(ZeroSOFInfinity @ Nov 17 2020, 10:00 AM)
I lost almost 5 digits when playing gloves. At first was in profit of 5 digits also. Then got a bit too greedy and tried one more time.... poof, all gone, and even lost more....  mega_shok.gif

But it's basically like gambling, and luckily I can afford the loss.  bruce.gif

My wife got MBB for dividend purposes. So she now in profit..... and I followed.  laugh.gif
*
Going back to gloves anymore after this? biggrin.gif

So now you're targeting banks only?
Newsray
post Nov 17 2020, 11:20 AM

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the few dudues that always kipas people to buy buy buy, probably already TP and laughing to the bank.
homicidal85
post Nov 17 2020, 11:22 AM

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looks like Top Glov just hit the 200 day EMA support so might bounce back up a bit but not sure if it will go far.
TSZeroSOFInfinity
post Nov 17 2020, 11:50 AM

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QUOTE(Divou @ Nov 17 2020, 10:52 AM)
If you have holding power, just hold lah. Strong fundamentals , long term orveven mid term no problem. If put FD few years also can wait, why not this.
*
I did want to hold on since can get dividends, but I calculated that the dividends will be the same or slightly lesser than the monthly interest I can get from saving money in the specific account. Also, I wont be held "hostage" in the event need to sell the share. Therefore decided to sell all gloves and in future just buy MBB shares when price drops again.

QUOTE(silverwave @ Nov 17 2020, 11:15 AM)
Going back to gloves anymore after this?  biggrin.gif

So now you're targeting banks only?
*
Guess not. My appetite for shares has nearly gone. Only will buy MBB when price goes down less than 7.5......
SUSEBBattlefield
post Nov 17 2020, 11:52 AM

Ramadass Vijandren
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QUOTE(ZeroSOFInfinity @ Nov 17 2020, 11:50 AM)
I did want to hold on since can get dividends, but I calculated that the dividends will be the same or slightly lesser than the monthly interest I can get from saving money in the specific account. Also, I wont be held "hostage" in the event need to sell the share. Therefore decided to sell all gloves and in future just buy MBB shares when price drops again.
Guess not. My appetite for shares has nearly gone. Only will buy MBB when price goes down less than 7.5......
*
why your crystal ball no work when i bought at dip last week? sad.gif

also i bora bora last 2 weeks, so cannot read also laugh.gif
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