GLOVES STOCK - SARS VS WUHAN (SUPERMX)

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WE all know that WUHAN VIRUS has causing this Glove stock rally, many have question that how far it can go.
Let me answer you. 
Lets us recall back 2003 SARS outbreak, to do some case studies and then only refer back our current situation.

SARS was first discovered in Asia in February 2003. The outbreak lasted approximately six months as the disease spread to more than two dozen countries in North America, South America, Europe, and Asia before it was stopped in July 2003.
So lets us see the past performance of Glove stock in Malaysia.

TOPGLOV 

Due to Bonus or Split, the price may look cheap. It has move from RM 0.15 fly to RM 0.70 almost 4.6x times.

KOSSAN

Also due to Bonus or split price look cheap. Price from RM 0.177 fly to roughly RM 0.50 almost up 2.8x times.

SUPERMX

From RM 0.42 fly to RM 1.37. 3.2x times. 

Up to date, WUHAN has already 7.7k confirmed case. 



How about SARS ?

SARS total case only 8098 cases while WUHAN virus just a few day already 7736 and it's still increasing every single day. Some more 12k case suspect. It's almost certainly that it will be worst than SARS ! 

If we based on this 2003 chart, we can see that a delay for all the glove stock to move, as during that time information, market movement still slower, market wait until see result good only move, but it's different compare to now, our market now very efficient and fast, so we can see all glove stock start reacting already. But how much more we can go?

KOSSAN

KOSSAN already break new high, so we believe that it's has less room to go already. 

HARTA

HARTA still way far to previous high, so still got room to go.

TOPGLOV

TOPGLOV testing previous high soon, so still potential go a bit higher or go new high.

SUPERMX

SUPERMX still far away to previous new high, that seems to be quite attractive anything below RM 2.20.

Since WUHAN virus mostly can be worst than SARS, then glove stock have double triple up during SARS time, we expect this round at least up 50% or more for all the GLOVES stock. So still got more room to go.

SUPERMX is matter of time go above RM 2.0. 

INARI - The True and The Ugly Face Surface

We are the only call buy and have faith with INARI when it big fall down.

read here:https://klse.i3investor.com/blogs/logictradinganalysiss/2019-12-21-story-h1481886884-INARI_Don_t_Judge_Too_Far_Away_As_Nothing_Has_Change.jsp

INARI recent story many have forgotten as usual, finally it's time for me to share why from INARI recent story we can see the true and ugly face of the market.

Let's us recall back what have happen to INARI recently.

https://www.theedgemarkets.com/article/inari-shares-end-14-lower-following-news-us-chipmaker-selling-unit

This rumour Broadcom sell of RF unit has cause INARI big fall.

https://www.wsj.com/articles/broadcom-seeks-buyer-for-rf-wireless-chip-unit-11576693454

When this "journal" come out, which has no prove and real fact, market react so panic and big sell down next day.

From there, we can see many sifu, blogger, keyboard warrior come out to pour more water.

And talk like they know Broadcom going to sell RF unit, INARI got no more future, INARI prospect very uncertain, INARI on big risk to lost order from Broadcom, Broadcom have traits to keep selling of their business, INARI is in downtrend, and many more stupid assumption, idiotic forecast that have no real prove.

Here we show you a few example,

Example 1 : 

Self make assumption Apple will take over Broadcom's RF unit, saying the bottom still very far, uncertainty too high. We can see that this blogger has totally an ignorance without knowing facts and INARI business.

Really admire this blogger that able to write a long story about Broadcom Ceo Hock Tan, to tell everyone that he high chance sell of RF unit business. Steady bomb bi bi this blogger, maybe he got yumsheng with the Ceo.


Example 2,

Some more discussing other's company future with friends, and seems that they know Broadcom direction better than Broadcom Ceo Hock Tan, again talking about INARI future is uncertain at the time when INARI is falling.

Example 3,

This one worst, Drawing imaginary chart saying much more falling will come, and simple saying, his imagination is really broken like how the page name itself.

Example 4, 

This is the worst I feel, taking opportunity to promote system, saying they have give sell call earlier. Whether they did or not doesn't matter, it give impression that this stock is downtrend. We may see they give buy call again when price go above RM 1.90+. Why don't they give a call when price shoot down at RM 1.60 + ? Because this kind of technically analysis always based on moving average, so its obvious going to be wait until all mars line align up only call.

There are so much more keyboard warrior which we din't want to highlight because it's too many.

Let us see what is INARI price now.

INARI price has recovered and go even higher from where it fall ! It's prove that the panic sales, Ugly face is wrong ! We shared our view after it fall in our blog. You can read again here:

https://klse.i3investor.com/blogs/logictradinganalysiss/2019-12-21-story-h1481886884-INARI_Don_t_Judge_Too_Far_Away_As_Nothing_Has_Change.jsp

https://klse.i3investor.com/blogs/logictradinganalysiss/2019-12-23-story-h1481912738-BROADCOM_TO_SALE_RF_UNIT_NO_SUCH_DEAL.jsp

As a conclusion of this articles, 

We like to tell every investor, do not simply believe all the news in the market, all the make up story by the market or blogger, all the sohai assumption, all the stupid rumours, all the funny chart expectation and some half cook sifu.

The intention of this blog is not humiliating other sifu or blogger, but it's a lesson we all should learn, never make up anything that you don't know, never believe anything is not fact !

What we can see is that APPLE sign more deal with Broadcom and it worth $15 Billion ! Which can last till 2023, 3 years from now !