Eddy you are partially right, but if bought at RM9 and cut lose at RM8 or RM7, and now buy back will earn much more. so FA and TA should come together instead of base on FA and hold it tight and miss a lot of chances.

question is why buy now if you no longer think Supermax will go up? No difference if u cut loss at rm6 and buy at rm5 and then cut loss again at rm4.50 and buy again at rm4. unless u think and believe it would go up back to rm8. most naysayer said would go down to rm4. so are u gonna buy at rm4 and hope for it to go up to rm6?

my point is if it s on downtrend and no longer command any uptrend price, then just cut loss and move on. especially for financier. why hope for rm4 and then cut loss at rm3? Supermax pre covid after bonus split should be valued around rm1-1.20. even if u buy at rm4, your price ended up at rm1-1.20 by end 2021 since that s the belief that the price will normalize back.

whether expensive or not is determine by the market. not u or me. tell that during June/July 2020 and ppl would say you at crazy to say it s expensive. the price went up from rm1.60 to rm24. now at rm6 it would mean the price is at rm12 before share split. the subjectivity of expensive is difference. some may use PE, some may use dividend return, some have their FA TA, some may just pick any number from the sky, etc.

I'm just giving u an analogy as how u used coca cola. ok lah. give u one more simple example, buying rm10 coca cola at a hotel, yet you still buy as they command the premium. same as nasi lemak at a food court in comparison to a nasi lemak at a restaurant inside Pavilion Mall. That s y I tell ppl to cut loss and move on and not to be tied to this sunk cost fallacy of cont to hope to buy lower and lower.

you are saying this because you are making an assumption that covid 19 can be contained in 6 months time. same for me that I don't think covid-19 can be contained in the next 6 months. IBs did not know that and that s y they need to save their call warrants. the only thing is Bursa is small enough for them to manipulate.

As usual, you're in denial because your investment is down. I been there. I'm telling you what I been through. if you still believe you're correct then just average down. But if drop to 4 later don't blame me no warn

Just to be fair, how much glove ASP in future nobody can tell even the boss, it depends on how serious the shortage or how well the covid can be contained, even big funds also give assumption only. No point to argue over this at this juncture because nobody know the answer. My take it no doubt the fundamental is solid and sound but you must know where to cut (if you really need that capital back) and cut at the right time (which most retailer never consider). Of course there is no right or wrong, share market investing is zero sum game , if every retailer so smart, who lost money?

KK han exactly, if everyone use FA guarantee, then who lose? my main point is: Bursa has many FA good company with trend now, why keep stuck here? and why up 500% only buy lol. Back in March didn't see so many "FA pros" here

I have been buying gloves since Jan 2020 when nobody see it coming. just that I took profit quick in April as I never have imagined that glove can fly so high up. I made few rounds of profits from glove and then I moved some fund to buy in put warrants on the KLCI indexes seeing how peak KLCI has been performing amid the pandemic. anyway, I got burnt in the warrants as I cut loss in Nov/Dec. as for gloves, I am sitting on paper loss since Nov and been averaging down when there is a big drop.

so I'm not a person who been holding since Jan or else I would have made a great fortune by just holding it. I understand the pain of loss as I have made many cut loss decisions in the past. been 12 years since I entered the market.

Nvm lah, this platform is created for us to blow water , pro not pro doesn’t matter.. everyone has right to express his/her opinion. But no doubt, my personal opinion , glove counter has been in “downtrend” (you can call it correction/consolidation or whatever )since nov . If wise investor exit in Nov and switch to so called recovery stock, you earn quite a fair bit and come back to this fundamental glove stock in 2021 still not late . I have to agree that this is fundamental stock but we must ride the right wave (basically follow the shark ), else we may have missed a lot of opportunity la. Seriously i think glove theme still under radar but just need to be careful on the entry to avoid unnecessary “paper lost” which most investors cannot endure ...

I'm seeing value back now in gloves. just whether how long to hold it and how much more to endure as the IB may still shake us up by shorting. as for top glove, to most holders, there are at least some dividends to enjoy for now. for supermax, the company yet to announce big dividends which I think they would be announcing in this coming quarter announcement.

Yes Eddy, i can see now glove theme music yet to stop (I hope I am right la ), fund house might not push aggressively like last year but rather observe the market first (so called sentiment). No doubt ,with this RSS, they can short the price but thinking from another perspective, short few more times I wonder still have panic seller left ? If no, what can they do? Push ? Let’s think logically

agree that after IB push up the recovery counters then will short those counters and just simply throw some sound like "logical but may not that logical" news. same as those news for glove counters (asp will eventually go down, glove company treated labors badly) but are all glove company didnt treated well to their labors ? after asp go down but the glove companies have alot of cash in hand they have much more advantage to expand their business but all these IB just ignore and spread negative news and short glove counters to make the price lower for collect ? they can simply quietly take profit and go without giving any TP or negative news so that share price wont drop in sudden then they can slowly sell their shares with higher price ?