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My personal opinion, judge yourself on those people who ask you to hold, normally those who ask to hold who has many stocks in hand to let go... If you hold, easier for him/her to sell...
Good luck to you, Mr Yong... But I am thinking to cut lost here, just sell my TG and buy other 3 counter, it is obvious that the demand of glove is there, if US band TG, then Harta, Supermx and Kossan will have the chance to take TG shares in USA.
The market moves by sentiment, if you think it will go down and sell, its gonna go down. If lots of your money are here and you are afraid but still believe in the prospect, hold or average down. If you don't think it's a good investment anymore, let it go.
But dont panic or act out of fear lol, play to win.
Lawrence, the demand is there could even make other 3 company sell at higher price on their gloves as world is short of glove, makes the 3 company margin higher.. Think about it, when demand is so high, and suddenly supply reduces,what will happen?
I dont think the retention order posts any immediate threat yet, TG has stated that market is in such dire state that they can easily find demands / orders to fill even if not exporting to the States. CY2020 earnings should be as expected and unlikely to see strong downside impact because of the CBP's RO.
Bro syafiq, we can't give any suggestions because we don't know what is yr initial plan and how strong is yr holding power. Always think from both dark and bright side of a story. make up yr own decision and good luck.
No matter how u think, tmr big drop is a surely thing.. If u plan to hold it, then don't see market tmr. Else ur heart cannot stand one. But very least ppl can do this