It's red day again. I can see Genting red until so red. I wait to buy Genting, Bursa, MayBank, AirAsia and others. I'm not promoting, just saying all other shares so so red, the share price back to CMCO price. Like RMCO is nothing.
Glove counters, Supermax a bit red, top glove ok bah. All glove counters are very resilient against heavy selling pressure. Very good le. My whole portfolio not healthcare de damn red haha.
Now I will not look at healthcare, I focus on other red one to buy low. GLHF

US stocks have seen some recovery. S&P 500 at least end with green. I'm guessing the panic is over regarding US Fed.'s gloomy outlook on upcoming pandemic & economy, due to the potential of 2nd wave COVID19 spread across America. It has been priced in & taken into consideration. British also seen some greens. We can't predict future, but maybe can hope Tmr will be green back for all glove counters, especially Supermax. Oil prices fail to maintain 40USD/barrel, benefit glove in lowering expense.

Glove counter I think no need to observe much but if u buy cw need to see everyday... long run glove counter benefit in this covid 19 .. oil counter can buy some when low will bounce back when market sentiment come back

Someone try to break the bubble and reduce the risk of investors and invest bank, so for me I always alert to this. Then its price just like kangaroo... Rise and drop rise and drop, and topglov qr announced at wrong timing, no rise but drop..

Smile Book actually I think this price already in this QR price around rm17 ... don’t 4 get from RM4++ till now rm18 ..patience wait for next Qr .. margin kacau and our captain America kacau still can up this price rm16.90,what can I expect more..good timing announced Qr earlier or else I think will drop oh... topglove hold well ^_<

Now almost 17, if go up another 2, percentage earn 2/17=11%, sell some to buy some battered down good fundamental bank stocks, your profit margin will be higher than this 11% in few months time because all the bad news for bank stocks already out and all the good news for gloves stocks also already out. Two cents opinion.

Where got profit, I go where. This is my rule to trade. Myeg I also earn already last week. I in 1.24 and out 1.40. This is just about timing. Buy in right timing and do your own risk management. That's all.

I agree Karen. In US market, there is a research done on shares performance for like a long historical period, compare with S&P 500 & NASDAQ indexes. The research found at most Blue Chip companies will be on above average return on all indexes. Small cap stocks, called penny stocks, are the one to outperform markets, but often lead to inconsistency of returns. After dot com bubble, and housing price bubble, around a lot of start-ups with IPO a lot went bankrupt.

Yaya, I know about your point, but coastal is financial healthy and low PBR. MHB major shareholder is MISC, and the last quarter report show it turn loss to profit, then it is quite good for a oil company to defend well.

Around 150 technology IPOs, only few tech survive for 30 years. Today, the survivals are: Google, AT&T, Verizon, Netflix & Amazon. Failure companies are: Yahoo!, Xerox, MySpace, Nokia, Kodak. Yahoo! is not so successful, kena M&A before, bad ending. 30 years old, the successful companies like Google, are nothing. How do u know who is gonna survive in future? Impossible. The only way is slowly follow up, and decide which companies are good by following performance, not buying shares and bet.

I am not bet.. I just go in the shares that I think is good.. I can buy my prefer company share at low price, then I feel quite good. Topglov is able survive in glove stock, but its max profit from now is maybe RM4/5+. I think I will hold some topglov and I play short or mid term for other stocks.

"State media are reporting that the chairman of the market said traces of COVID-19 were found on a salmon chopping board - that has led to people getting concerned about food safety standards and an investigation launched across the city,"
Beijing in China. Possible 2nd wave COVID19. Immediate lock down again. If this won't benefit glove counters, I don't know what will.