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Few weeks before QR out price will be push to the down and after QR out another round price push to the down. Loss making company goreng kaw-kaw. Welcome to Casino de Bursa!
If QR profit as expected, by current share price the PE drop to single digit. None of profit growth company continue drop till PE zero. Share price sure up than current, this round may different than situation previous Qr released.
Muhd Amidi, if casino still ok, because gambles are actually looking for win (money). Bursa are more like medan selera, food court...... not bother hygiene or taste good....just goreng everything.
Risk acessment. Glove already drop 50% from Peak. The room for share up more than it can drop %. Tech and bank sectors already break new record high. China covid cases started spike and many country still lock down, if vaccine related bad news out, which sector drop more?
Vice versa, if vaccine produce good progress, glove continue drop and dividend payout can reach 20% yearly by strong earning. Nothing to lose to buy now, my point of view.
