$FRENCKEN GROUP LIMITED(E28.SI)$The end of tech rally ? Possible ? After major sold off in AMD due to lower demand. May not be the best sector to be in right now until tide is turn. Watch out for this week's cpi data. As long as there's hint from the feds on a more dovish approach, tech may turn the table and reverse up! but for now, is extreme bear. Same goes to EV sectors.
$TOP GLOVE CORPORATION BHD(BVA.SI)$This counter together with all the medical covid counters all died already. Just 1.5 years ago, I wrote a short article for people to sell away covid related stocks, any losses just cut. That time 03/03/2021, TG was about $2, now 1.5 years later is 20c... 90% shed. Those who hear what I share congrats!
$TOP GLOVE CORPORATION BHD(BVA.SI)$Fellow friends, I’m not in any position for TGor any other medical related stocks nor I’m shorting them. The trend has changed with more and more vaccines being created, rolling out to many countries. No doubt the results are good, but has peaked and will not be better no growth or whatsoever. Don’t fight the trend, cut the loss andreinvest into post COVID plays such as SIA or SCI, or Fintech like Nanofilm or Ifast.Hate to say this but it’s gonna take another huge pandemic for the gloves and medical supplies companies to hit new highs again, and it’s probably gonna take another 100 years. I know it’s painful for most holding at high, Idid once for medtecs too, but I sold and went into semiconductor, now
$OCEANUS GROUP LIMITED(579.SI)$Selling is not normal. There may be chance that there is corporate fraud that maybe the auditors found out that public wasn’t inform. Stay away!