Many investors are stuck in 7 to 8. Will so many vaccine out in the market, by any chance it will bounce back to RM7 or even 8?

Do you think Investor should sell all before it's too late? Let's say the EP is Rm6.70

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!

What a dumb analogy.

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.

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.

Nobody knows what's going to happen in the future. I'm invested in Top Glove but market conditions are the same across the glove makers. The experts are predicting glove demand to remain high through 2023 and then to stabilise at much higher levels than pre-pandemic.

I'm holding Top Glove for the dividends. I'll reevaluate the situation in 2023.

With a P/E of 7, I think the price is cheap.