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 Supermax price drop is so illogical - Koon Yew Yin

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ben_ang
post Dec 30 2020, 01:44 PM

ITS JINX NOW.POWDER FELL DOWN A WELL
*******
Senior Member
2,013 posts

Joined: Jan 2003
From: abyss



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
ben_ang
post Dec 30 2020, 02:12 PM

ITS JINX NOW.POWDER FELL DOWN A WELL
*******
Senior Member
2,013 posts

Joined: Jan 2003
From: abyss



QUOTE(statikinetic @ Dec 30 2020, 01:46 PM)
The stock market is forward looking.
Supranormal demand expected to taper off by 2022/23.
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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
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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

 

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