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ASP of glove not yet rebound. heavy selling probably from retailers that chase high while they notice covid case surge high after CNY. most retailers is short term players. Institution take opportunity to reduces holding while many retailers chase in that period. topglove still a good company. it only will back to right track after ASP glove rebound. if not any rebound is short term. big players, institution or IB buy base on ASP of glove that will affect glove company financial performance .
no more full lock down even covid case surge to record high at USA and European. world prepare stay together with covid without lock down that may affect economy seriously
small quantity long term is good. I prepare buy in anytime too. prepare average down too. confident topglov will survive better in competitive glove price after few years
create own strategy on any counters and overall portfolio...sure win in long term like epf.....traders only see price point keep overtrade losing money....some counter can keep small qty for dividend....it won't go bankrupt
EPF still hold 6 percent. when price reasonable EPF buy. when price up EPF sell. that the reasons EPF gain money and can provide dividends every years. they follow system maintains healthy portfolio. they not trade base on feelings
once able to hold at the lowest support ..no need see no worries......all my brother portfolio all at low price support now all turn profit with kaukau dividend
this is my portfolio is shared 2/1/2022 . I maintain all without changing except sell 100k of guh. some of the share I bought 1-2 years de. when I bought share mostly prepare hold at least few years.