It all depends on your initial intention of putting money in to the stock.

If initially you only intended to ride the uptrend and earn a quick buck then you may cut loss now, because the electronic manufacturing industry is the trend now.

If you’re an investor, you didn’t borrow money to invest and you don’t mind letting the company intrinsic value to reflect in their share price, you can do nothing or add on position as it goes lower. This is because the market is feeling pessimistic to the glove industry. The glove companies CEOs have said “demand will not meet supply in the next 3 years. Even after demand meets the supply, the ASP will SLOWLY normalise. Remember ASP normalise doesn’t mean net profit decreases, because production capacity and business expansion can offset the normalisation of ASP.

If you are in doubt, always check on the prospect outlook in the company’s annual report or watch interviews with the management team. Don’t listen to bullshit like ASP will “waterfall”, company will go bankrupt yada yada..these people normally disappear when proven wrong lol.

All the best!

Few days ago, you suggested TopGlov should bail out Air Asia Group Berhad, now you compare the property industry with the glove industry.

What a dumb analogy, that only a donkey can think of.

https://drive.google.com/file/d/10_OtXWMRuk...iew?usp=sharing

When you try to sound like you know the industry better than Hartalega CEO, people will start to question your credibility.

This post has been edited by MedElite23: Feb 14 2021, 04:28 PM

Just like everything you type in this forum, all just based "guessing" only kan hahaha!

Not good, keep guessing!

No, stupidity is for certain incurable, too.