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 Supermax price drop is so illogical - Koon Yew Yin

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loon90
post Dec 30 2020, 01:29 PM

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Bcox illegal ppl make them hailat
ApocalypseSoon
post Dec 30 2020, 01:29 PM

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For how many months already Glove counter have been goreng/rallying?

My previous studies of multiple goreng counter which I done years ago show 1 common trait => They only goreng/rally for 2-7 months, after that they will started to decline to their former price. Then wait 6-12 month b4 another goreng/rally started.

Only fools will expect the rally will goes beyond 7 months.
kelvinlym
post Dec 30 2020, 01:30 PM

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Market can be illogical or irrational longer than you can be solvent.

If your conviction is high, buy more and the market will do the rest.
statikinetic
post Dec 30 2020, 01:31 PM

BaneCat
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I'm the Guru!
It is so illogical that my investment decisions result in me losing money!
un.deux.trois
post Dec 30 2020, 01:34 PM

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Lel losing money lettew
James1983
post Dec 30 2020, 01:36 PM

💦kencing lettew💦
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lol joker thinks he can bait more ppl

kantoi lettew
halotaikor.
post Dec 30 2020, 01:37 PM

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4RM drop only. its not like you are investing millions. just average down.

btw ini supermax dulu bukan ada kes rasuah/internal trading ka? still got people play this counter ?
ben_ang
post Dec 30 2020, 01:44 PM

ITS JINX NOW.POWDER FELL DOWN A WELL
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though i no play glove stock, but really hairan this, company earn history high profit,
though u can say its a spike, but current market is still glove shortage.
so their profit might likely to maintain if not higher in future 6-12months?
and the share price is not high also, wonder y they are all throwing?
share share study study abit tongue.gif
statikinetic
post Dec 30 2020, 01:46 PM

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QUOTE(ben_ang @ Dec 30 2020, 01:44 PM)
though i no play glove stock, but really hairan this, company earn history high profit,
though u can say its a spike, but current market is still glove shortage.
so their profit might likely to maintain if not higher in future 6-12months?
and the share price is not high also, wonder y they are all throwing?
share share study study abit  tongue.gif
*
The stock market is forward looking.
Supranormal demand expected to taper off by 2022/23.
SUSSGLT2
post Dec 30 2020, 01:47 PM

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Kalau naik laju logic la? Kepala butuh dia
keyser soze
post Dec 30 2020, 01:49 PM

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sound like he still holding a lot of supermax
SUSCincai lar
post Dec 30 2020, 01:53 PM

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kesian,.. must be buying in on top,..
damonlbs
post Dec 30 2020, 01:55 PM

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u know

Tulip mania mah
SUSAllnGap
post Dec 30 2020, 01:55 PM

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QUOTE(ben_ang @ Dec 30 2020, 01:44 PM)
though i no play glove stock, but really hairan this, company earn history high profit,
though u can say its a spike, but current market is still glove shortage.
so their profit might likely to maintain if not higher in future 6-12months?
and the share price is not high also, wonder y they are all throwing?
share share study study abit  tongue.gif
*
If profits increase double, share price increased 10-folds

Got logic or not ?? Who's the dumbass that assume that company is worth 10 folds compared to couple of months ago ??

The syndicate behind made more than glove company itself for 10years d
ben_ang
post Dec 30 2020, 02:12 PM

ITS JINX NOW.POWDER FELL DOWN A WELL
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QUOTE(statikinetic @ Dec 30 2020, 01:46 PM)
The stock market is forward looking.
Supranormal demand expected to taper off by 2022/23.
*
yeah, i heard this saying also, price now is reflecting wat investors see in the future of the company, not current situation.

QUOTE(AllnGap @ Dec 30 2020, 01:55 PM)
If profits increase double, share price increased 10-folds

Got logic or not ?? Who's the dumbass that assume that company is worth 10 folds compared to couple of months ago ??

The syndicate behind made more than glove company itself for 10years d
*
i think the profit of the top glove company increased more then double? actual how many not sure, but cant imagine
during the MCO time till now only 9 months the price from rm4-5 to the highest RM20++, quite scary, thought it would
come down for adjustment, but no, it keeps going up and up.. really call goreng share biggrin.gif
meteoraniac
post Dec 30 2020, 02:21 PM

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Who say he lose money.

He bought tonnes of supermax below <2 pre split.


Boy96
post Dec 30 2020, 02:22 PM

That's a tripod.
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Xrp drop more ppl rilek jer
ChAOoz
post Dec 30 2020, 02:22 PM

Look at all my stars!!
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All his stock pick got the same pattern.

Almost vertical uptrend and later fall of a cliff and stuck at cliff bottom forever.

Shall call this the kyy effect. Hope he trademark it.
SUSNB01
post Dec 30 2020, 02:23 PM

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Kecian, lose money goreng sotong, then meroyan on internut.
James1983
post Dec 30 2020, 02:24 PM

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QUOTE(AllnGap @ Dec 30 2020, 01:55 PM)
If profits increase double, share price increased 10-folds

Got logic or not ?? Who's the dumbass that assume that company is worth 10 folds compared to couple of months ago ??

The syndicate behind made more than glove company itself for 10years d
*
lol exactly. Not to mention, now every tom dick and harry companies also making glove now:
It's such a low barrier of entry product.

- precision engineering outfit AT Systematization Bhd
- crude palm kernel oil producer Green Ocean Corp Bhd
- construction firm Vizione Holdings Bhd
- IT solution provider MSCM Holdings Bhd
- automotive battery maker GPA Holdings Bhd
- property player Iconic Worldwide Bhd
- Rubber-related Karex Bhd

https://www.thestar.com.my/business/busines...he-glove-sector


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