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RIVERSTONE HOLDINGS LIMITED
PhillipTan
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07-Jul-2021 13:33     
 
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 Alert Admin 		Open forum, everyone should have a right to share things like news, reports, opinions etc
Sad to say that many have lost money in the gloves stock investment recently
It might have rubbed some people in the wrong way, as no one likes to lose money

For me, I am vested in both UG and RS and I took profits from UG in Apr
I was thinking if I wanted to enter UG again, when it went below 0.60
But I paused to think after I read your sharings and during this period it dropped even more
So, I personally appreciate your sharing on the predicted downtrend of this sector, will continue to watch before I make any decisions

However, I feel that the recent sharings of fake gurus were a bit overdone
Not really related to this stock or even this sector
Just some scams or investment gone wrong, which others have pointed out could be done on a separate thread, maybe under the " Others" section
Maybe you could give that a thought
​

tonyja      ( Date: 07-Jul-2021 12:47) Posted:

Chill la. 

What there to fret about 

it' s not I want to sabo ur winning money. 

there r other people who also want to read 

Regardless winning or losing counter , i   post objective view 

This objective writer StocKpick rivestone & hartalanga 

so all the more isn' t related ?

Anyway good luck to ur enviro Bcz the glove is not fda approve yet 

 

Boscoyes      ( Date: 07-Jul-2021 12:31) Posted:

U meant unlike tat tonyja? 🙄
At first i am ok with his post, then open other pages also see the same thing i thot he scared people blind miss out his post. Wow lau then every day n every where he did the same thing then I very TL liao! 
very forceful liao like tat😒  
Somemore tell ppl how many donkey year here🙄
Must well tell the gov to close down Casino 4D Toto sgx😒 kn
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tonyja
Elite
07-Jul-2021 13:27     
 
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 Alert Admin

EMCO: Suspension of glove factories' operations affect earnings, overseas interests, says Maybank IB



Wednesday, 07 Jul 2021 11:45 AM MYT
Maybank IB said that the suspension of the glove factories in Selangor is expected to affect about 55 per cent of Top Glove?s and 100 per cent of Hartalega and Kossan?s total production capacity. ? Reuters pic
Maybank IB said that the suspension of the glove factories in Selangor is expected to affect about 55 per cent of Top Glove&rsquo s and 100 per cent of Hartalega and Kossan&rsquo s total production capacity. &mdash Reuters pic

KUALA LUMPUR, July 7 &mdash The temporary shutdown of glove factories will not only affect companies&rsquo earnings but could also jeopardise their relationships with overseas buyers, especially when Malaysian glovemakers are facing escalating competition from China&rsquo s glovemakers.

In a research note today, Maybank Investment Bank (Maybank IB) noted that Top Glove, Hartalega and Kossan had suspended the operations of their respective glove manufacturing facilities in Selangor yesterday due to the enforcement of the Enhanced movement control order (EMCO).

The investment bank said it was taken aback by the latest development as the glove is one of the personal protective equipment (PPE) essential items, and the factories had been allowed to operate during the first MCO.

&ldquo Assuming a two-week suspension of glove factories in Selangor under EMCO, we expect our financial year 2021 (FY21) core net profit forecasts for Top Glove and Kossan to decline by 7.4 per cent and 16 per cent, respectively,&rdquo it said.

Maybank IB forecasts that Hartalega&rsquo s net profit could drop by 16 per cent in FY22 due to the suspension of operations.

It added that the suspension of the glove factories in Selangor is expected to affect about 55 per cent of Top Glove&rsquo s and 100 per cent of Hartalega and Kossan&rsquo s total production capacity.

The investment bank noted that while the impact on the glove companies&rsquo earnings is still manageable and temporary, investor&rsquo s sentiment towards the glove counters could be further eroded by the latest development.

The sector&rsquo s outlook is currently clouded by ongoing negative news such as declining average selling price (ASP) due to intensifying competition among the new and existing glove players, as well as environmental, social and governance risks.

In a separate note, AmInvestment Bank said the shutdown will likely decelerate the slide in the glove&rsquo s ASP, as supply is temporarily capped.

&ldquo We believe that the EMCO will be implemented for at least one month, before a return to MCO conditions.

&ldquo We do not discount the possibility that these companies will be granted approvals to resume production, given the importance of gloves in managing the spread of Covid-19,&rdquo it added.

The investment bank adjusted its fair values of glove companies to incorporate the EMCO and MCO disruptions, slower declines in glove&rsquo s ASP and a sharp drop in post-pandemic glove demand.

It had also lowered its price-to-earnings ratios to factor in the factory closure-induced negative investor sentiment.

&ldquo We urge investors to look past supernormal profits brought about by the spike in cases due to the Delta variant.

&ldquo The variant may result in gentler drops in quarterly earnings, but we doubt it will affect post-pandemic glove demand in a significant way, even if the virus becomes endemic,&rdquo said AmInvestment Bank.

It noted that the Delta variant would slow the fall in glove&rsquo s ASP, as glove urgency is buoyed by the rise in cases, and the smaller decline in the ASP would help support earnings of the glove companies in the next 12 months.

As at 10.45am, Hartalega rose three sen to RM7.09, Top Glove fell two sen to RM3,92, and Supermax was flat at RM3.14. &mdash Bernama
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tonyja
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07-Jul-2021 12:47     
 
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 Alert Admin 		Chill la. 

What there to fret about 

it' s not I want to sabo ur winning money. 

there r other people who also want to read 

Regardless winning or losing counter , i   post objective view 

This objective writer StocKpick rivestone & hartalanga 

so all the more isn' t related ?

Anyway good luck to ur enviro Bcz the glove is not fda approve yet 

 

Boscoyes      ( Date: 07-Jul-2021 12:31) Posted:

U meant unlike tat tonyja? 🙄
At first i am ok with his post, then open other pages also see the same thing i thot he scared people blind miss out his post. Wow lau then every day n every where he did the same thing then I very TL liao! 
very forceful liao like tat😒  
Somemore tell ppl how many donkey year here🙄
Must well tell the gov to close down Casino 4D Toto sgx😒 knn

1c2e3s      ( Date: 07-Jul-2021 11:33) Posted:

--- Post Removed by User ---
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Boscoyes
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07-Jul-2021 12:31     
 
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 Alert Admin 		U meant unlike tat tonyja? 🙄
At first i am ok with his post, then open other pages also see the same thing i thot he scared people blind miss out his post. Wow lau then every day n every where he did the same thing then I very TL liao! 
very forceful liao like tat😒  
Somemore tell ppl how many donkey year here🙄
Must well tell the gov to close down Casino 4D Toto sgx😒 knn

1c2e3s      ( Date: 07-Jul-2021 11:33) Posted:

--- Post Removed by User ---
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1c2e3s
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07-Jul-2021 11:30     
 
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 Alert Admin 		bro or sis, go and report him to make save us from his posting 

kamsamhamida

Boscoyes      ( Date: 07-Jul-2021 11:26) Posted:

Respect then shut the f out of here i meant everything where

tonyja      ( Date: 07-Jul-2021 11:17) Posted:

Well. The glove counter price speak volume. 

You quite   actually rationale and logic and don' t mislead and hype which I respect you for that .... ...
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tonyja
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07-Jul-2021 11:29     
 
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i understand this is cut throat   world so much so for boscoyes can be heartless to feel don' t see anything wrong 

But one top glove already mention lost his hard earn money 

and another mention almost committ suicide which   nt1825 think he trying to fake 

I also lost money in glove related   counter by those fake gurus 
 

tritonyeah6666      ( Date: 07-Jul-2021 11:12) Posted:

Wahbiang. The key is nobody want your sharing ler. In fact many asked you to stop. Thus everybody doubt your intention - is it for the better of everyone here or for your hidden selfish agenda.

tonyja      ( Date: 07-Jul-2021 08:45) Posted:

It' s free community sharing. 

like Philip tan voice his opinion , I don' t oppose his own money own target term



 
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Boscoyes
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07-Jul-2021 11:26     
 
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 Alert Admin 		Respect then shut the f out of here i meant everything where

tonyja      ( Date: 07-Jul-2021 11:17) Posted:

Well. The glove counter price speak volume. 

You quite   actually rationale and logic and don' t mislead and hype which I respect you for that .... ....

tritonyeah6666      ( Date: 07-Jul-2021 11:12) Posted:

Wahbiang. The key is nobody want your sharing ler. In fact many asked you to stop. Thus everybody doubt your intention - is it for the better of everyone here or for your hidden selfish agenda.
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tonyja
Elite
07-Jul-2021 11:17     
 
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 Alert Admin 		Well. The glove counter price speak volume. 

You quite   actually rationale and logic and don' t mislead and hype which I respect you for that .... ....

tritonyeah6666      ( Date: 07-Jul-2021 11:12) Posted:

Wahbiang. The key is nobody want your sharing ler. In fact many asked you to stop. Thus everybody doubt your intention - is it for the better of everyone here or for your hidden selfish agenda.

tonyja      ( Date: 07-Jul-2021 08:45) Posted:

It' s free community sharing. 

like Philip tan voice his opinion , I don' t oppose his own money own target term



 
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Boscoyes
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07-Jul-2021 11:14     
 
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 Alert Admin 		This tonyja is a cry baby 😭  

tritonyeah6666      ( Date: 07-Jul-2021 11:12) Posted:

Wahbiang. The key is nobody want your sharing ler. In fact many asked you to stop. Thus everybody doubt your intention - is it for the better of everyone here or for your hidden selfish agenda.

tonyja      ( Date: 07-Jul-2021 08:45) Posted:

It' s free community sharing. 

like Philip tan voice his opinion , I don' t oppose his own money own target term



 
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tritonyeah6666
Senior
07-Jul-2021 11:12     
 
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 Alert Admin 		Wahbiang. The key is nobody want your sharing ler. In fact many asked you to stop. Thus everybody doubt your intention - is it for the better of everyone here or for your hidden selfish agenda.

tonyja      ( Date: 07-Jul-2021 08:45) Posted:

It' s free community sharing. 

like Philip tan voice his opinion , I don' t oppose his own money own target term



 

msksmsks      ( Date: 07-Jul-2021 08:03) Posted:

Really perplexed what's Tony"s objectives/intent (good or bad).

He could possibly start up a new thread (Tony's Corner) and.post whatsoever he wishes to post without aggravating others & no spamming all over. .

I would seriously urge him to do so for the sake of everyone.... Tony.....pls consider

Cheers





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Midtermer
Master
07-Jul-2021 10:53     
 
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 Alert Admin 		Indeed profit margin for cleanroom gloves is significantly higher. Demand for CR gloves will depend on covid recovery play. Can consider holding for a while if have spare cash. Dyodd.

sutiono      ( Date: 07-Jul-2021 10:00) Posted:

I did a calculation  on financials of 2020 . Base on Gross profit margin .
  1 piece of CR glove is =  5.5 pieces of HC gloves.
THIS IS THE REASON WHY I DARE TO BUY MORE !
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sutiono
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07-Jul-2021 10:00     
 
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 Alert Admin 		I did a calculation  on financials of 2020 . Base on Gross profit margin .
  1 piece of CR glove is =  5.5 pieces of HC gloves.
THIS IS THE REASON WHY I DARE TO BUY MORE !
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Sgvale
Supreme
07-Jul-2021 09:55     
 
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 Alert Admin 		Good sign . Thr' 1.21
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sutiono
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07-Jul-2021 09:45     
 
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 Alert Admin 		Most of the negative or bad news had been out , so should be up up and away from now on.
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Sgvale
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07-Jul-2021 09:04     
 
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 Alert Admin 		Sri , River or Top? Price gap narrowing.
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tonyja
Elite
07-Jul-2021 08:45     
 
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 Alert Admin 		It' s free community sharing. 

like Philip tan voice his opinion , I don' t oppose his own money own target term



 

msksmsks      ( Date: 07-Jul-2021 08:03) Posted:

Really perplexed what's Tony"s objectives/intent (good or bad).

He could possibly start up a new thread (Tony's Corner) and.post whatsoever he wishes to post without aggravating others & no spamming all over. .

I would seriously urge him to do so for the sake of everyone.... Tony.....pls consider

Cheers





PhillipTan      ( Date: 07-Jul-2021 01:42) Posted:

Would you educate people not to fall for love scams and package scams etc?
Or would you rather try to reach out to those scammers and plead to their conscience and tell them not to scam?
What is the point of this sharing?

Fake gurus, real gurus, or just plain analysts putting out recommendations based on their research on hard facts...?
End of the day, no one is forcing anyone to buy anything or even to the extend of using all of his/her life' s savings to do so
Everyone is personally responsible for their own actions, if they decide to buy or sell and using how much of their money to do so
If blinded by greed to the extent of using all the life' s savings, they can only blame themselves

Even for " recognised real gurus" like Warren Buffet, does it mean their advice or recommendations will be rock solid?
Buffet himself also made many investment errors, some even costing him losses of millions to even billions of dollars
So if " real gurus" like Buffet gave wrong advice, then are they " fake gurus" ?

If someone can be so easily conned into paying so much fees to learn about investing from " fake gurus"
When anyone can easily get analyst reports from all the different banks and trading houses
Or go online to learn about trading by reading forum discussions or online articles etc
Even without these " fake gurus" , these are the ones who will still get conned one way or another
Love scams, package scams, lucky draw scams, kidnap scams etc, you name it
That is what happens when greed and stupidity meets

​ Educate people not to fall for scams
Instead of asking scammers to stop cheating money
 
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msksmsks
Supreme
07-Jul-2021 08:03     
 
msksmsks About Contact  Quote this Post!  
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 Alert Admin 		Really perplexed what's Tony"s objectives/intent (good or bad).

He could possibly start up a new thread (Tony's Corner) and.post whatsoever he wishes to post without aggravating others & no spamming all over. .

I would seriously urge him to do so for the sake of everyone.... Tony.....pls consider

Cheers





PhillipTan      ( Date: 07-Jul-2021 01:42) Posted:

Would you educate people not to fall for love scams and package scams etc?
Or would you rather try to reach out to those scammers and plead to their conscience and tell them not to scam?
What is the point of this sharing?

Fake gurus, real gurus, or just plain analysts putting out recommendations based on their research on hard facts...?
End of the day, no one is forcing anyone to buy anything or even to the extend of using all of his/her life' s savings to do so
Everyone is personally responsible for their own actions, if they decide to buy or sell and using how much of their money to do so
If blinded by greed to the extent of using all the life' s savings, they can only blame themselves

Even for " recognised real gurus" like Warren Buffet, does it mean their advice or recommendations will be rock solid?
Buffet himself also made many investment errors, some even costing him losses of millions to even billions of dollars
So if " real gurus" like Buffet gave wrong advice, then are they " fake gurus" ?

If someone can be so easily conned into paying so much fees to learn about investing from " fake gurus"
When anyone can easily get analyst reports from all the different banks and trading houses
Or go online to learn about trading by reading forum discussions or online articles etc
Even without these " fake gurus" , these are the ones who will still get conned one way or another
Love scams, package scams, lucky draw scams, kidnap scams etc, you name it
That is what happens when greed and stupidity meets

​ Educate people not to fall for scams
Instead of asking scammers to stop cheating money
 

tonyja      ( Date: 06-Jul-2021 23:33) Posted:



Tradeview - Retail Investors Are Not Lambs To Slaughter, They Have Families Too 

 

For many years, our local stock market had subdued retail investors participation. There are many reason why but mainly it has to do with the past financial crises. Whilst writing my book, I did substantial research sifting through past news reports and academic papers. For every cycle between 1987, 1997/98, 2008/09 and 2020, the stock market rally was always precipitated by influx of retail investors pushing it to new highs. However, they are always the last to leave ending up the biggest loser when the market collapse or selloff. This will then cause a period where retail investors participation dwindles to record low before normalising.

 

This is why brokerage houses or investment bank often focus on institutions / large funds as their key clients. This means they will get good insights from analysts, access to corporate management which help them invest better. Retail investors on the other hand will always be disadvantaged. This caused a vacuum and who fills the void? Fake Gurus

 

Retail investors influx in 2020 reach levels unseen since the 1993 bull run. Similarly, fake gurus started propping up everywhere. Countless Facebook & Youtube Ads of Fake Gurus flooded my social media. No matter how many times I hide or report ads, just like cockroach, they will find a way to come back. Now imagine, with many new retail investors, this makes them easy target for the Fake Gurus. 

 

Especially in a time of pandemic, where people are locked up at home, businesses are closed, income reduced, job loss, even boredom kicks in. Many invest in stocks hoping to pass time or simply to make ends meet. When those Fake Gurus keep appearing in your screen, showing you his expensive watch, car, house dressed in suit, you start wondering, maybe you should try investing too. With no knowledge in the stock market, your only reliance is the Fake Guru and his " philosophy" . You dont even know whether what he is teaching you is real because the Fake Guru gets celebrity endorsements and pictures with VIPs. When you ask question, they brush you off. You end up blindly following.

 

Sadly, these bunch of flamboyant and ostentatious people are indeed Fake Gurus who know NOTHING about investments, risk management or valuation. They only know simple theories. Needless to say, tragedy strikes when the market is no longer in a bull run like in 2020. These Fake Gurus had no idea about macroeconomics hence they would not know the intricacies of global landscape, politics or social issues which would necessitate retail investors to conserve cash entering 2021. They would also would not know cashflow importance and missed out Serba Dinamik' s glaring issue. As of today, KLCI is at 1531 which is 9% down from 2020' s peak which is close to a 10% correction.

 

Why am I writing this? After the FM988 live call suicide incident, I felt very empathetic towards the caller' s predicament. What I didn' t know was there are in fact so many victims like him out there who have paid RM 15k per person to these bunch of Fake Gurus and lost almost everything they invested in the stock market.

 

Retail investors are crucial towards the healthy development and vibrancy of Malaysia' s stock market. The fact that their record participation in 2020 have filled the void by foreign funds who have been selling our Malaysia stocks for the past 13 consecutive quarters shows how precious they are. If our retail investors are burnt by your actions and never to return to the market, it would lead to a huge void in future just like the Singapore Penny Stock Scandal in 2013.

 

So, I would like to put this on record, to those Fake Gurus, if you still have conscience and a heart, REFUND every single sen to these poor people. After that, close down your website, social media accounts and do not ever promote yourself as a GURU again. It is not their fault that they are misled by intentional and systemic misrepresentation. They are not lambs for you to slaughter. They have family too.

 

Full article source : www.tradeview.my


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investor999
Elite
07-Jul-2021 07:27     
 
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 Alert Admin 		Sorry what did this fake guru recommend? To sell now ? Or buy now ?

Boscoyes      ( Date: 07-Jul-2021 02:02) Posted:

Well said 👍 👍 👍

PhillipTan      ( Date: 07-Jul-2021 01:42) Posted:

Would you educate people not to fall for love scams and package scams etc?
Or would you rather try to reach out to those scammers and plead to their conscience and tell them not to scam?
What is the point of this sharing?

Fake gurus, real gurus, or just plain analysts putting out recommendations based on their research on hard facts...?
End of the day, no one is forcing anyone to buy anything or even to the extend of using all of his/her life' s savings to do so
Everyone is personally responsible for their own actions, if they decide to buy or sell and using how much of their money to do so
If blinded by greed to the extent of using all the life' s savings, they can only blame themselves

Even for " recognised real gurus" like Warren Buffet, does it mean their advice or recommendations will be rock solid?
Buffet himself also made many investment errors, some even costing him losses of millions to even billions of dollars
So if " real gurus" like Buffet gave wrong advice, then are they " fake gurus" ?

If someone can be so easily conned into paying so much fees to learn about investing from " fake gurus"
When anyone can easily get analyst reports from all the different banks and trading houses
Or go online to learn about trading by reading forum discussions or online articles etc
Even without these " fake gurus" , these are the ones who will still get conned one way or another
Love scams, package scams, lucky draw scams, kidnap scams etc, you name it
That is what happens when greed and stupidity meets

​ Educate people not to fall for scams
Instead of asking scammers to stop cheating money
 
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Boscoyes
Member
07-Jul-2021 02:02     
 
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 Alert Admin 		Well said 👍 👍 👍

PhillipTan      ( Date: 07-Jul-2021 01:42) Posted:

Would you educate people not to fall for love scams and package scams etc?
Or would you rather try to reach out to those scammers and plead to their conscience and tell them not to scam?
What is the point of this sharing?

Fake gurus, real gurus, or just plain analysts putting out recommendations based on their research on hard facts...?
End of the day, no one is forcing anyone to buy anything or even to the extend of using all of his/her life' s savings to do so
Everyone is personally responsible for their own actions, if they decide to buy or sell and using how much of their money to do so
If blinded by greed to the extent of using all the life' s savings, they can only blame themselves

Even for " recognised real gurus" like Warren Buffet, does it mean their advice or recommendations will be rock solid?
Buffet himself also made many investment errors, some even costing him losses of millions to even billions of dollars
So if " real gurus" like Buffet gave wrong advice, then are they " fake gurus" ?

If someone can be so easily conned into paying so much fees to learn about investing from " fake gurus"
When anyone can easily get analyst reports from all the different banks and trading houses
Or go online to learn about trading by reading forum discussions or online articles etc
Even without these " fake gurus" , these are the ones who will still get conned one way or another
Love scams, package scams, lucky draw scams, kidnap scams etc, you name it
That is what happens when greed and stupidity meets

​ Educate people not to fall for scams
Instead of asking scammers to stop cheating money
 

tonyja      ( Date: 06-Jul-2021 23:33) Posted:



Tradeview - Retail Investors Are Not Lambs To Slaughter, They Have Families Too 

 

For many years, our local stock market had subdued retail investors participation. There are many reason why but mainly it has to do with the past financial crises. Whilst writing my book, I did substantial research sifting through past news reports and academic papers. For every cycle between 1987, 1997/98, 2008/09 and 2020, the stock market rally was always precipitated by influx of retail investors pushing it to new highs. However, they are always the last to leave ending up the biggest loser when the market collapse or selloff. This will then cause a period where retail investors participation dwindles to record low before normalising.

 

This is why brokerage houses or investment bank often focus on institutions / large funds as their key clients. This means they will get good insights from analysts, access to corporate management which help them invest better. Retail investors on the other hand will always be disadvantaged. This caused a vacuum and who fills the void? Fake Gurus

 

Retail investors influx in 2020 reach levels unseen since the 1993 bull run. Similarly, fake gurus started propping up everywhere. Countless Facebook & Youtube Ads of Fake Gurus flooded my social media. No matter how many times I hide or report ads, just like cockroach, they will find a way to come back. Now imagine, with many new retail investors, this makes them easy target for the Fake Gurus. 

 

Especially in a time of pandemic, where people are locked up at home, businesses are closed, income reduced, job loss, even boredom kicks in. Many invest in stocks hoping to pass time or simply to make ends meet. When those Fake Gurus keep appearing in your screen, showing you his expensive watch, car, house dressed in suit, you start wondering, maybe you should try investing too. With no knowledge in the stock market, your only reliance is the Fake Guru and his " philosophy" . You dont even know whether what he is teaching you is real because the Fake Guru gets celebrity endorsements and pictures with VIPs. When you ask question, they brush you off. You end up blindly following.

 

Sadly, these bunch of flamboyant and ostentatious people are indeed Fake Gurus who know NOTHING about investments, risk management or valuation. They only know simple theories. Needless to say, tragedy strikes when the market is no longer in a bull run like in 2020. These Fake Gurus had no idea about macroeconomics hence they would not know the intricacies of global landscape, politics or social issues which would necessitate retail investors to conserve cash entering 2021. They would also would not know cashflow importance and missed out Serba Dinamik' s glaring issue. As of today, KLCI is at 1531 which is 9% down from 2020' s peak which is close to a 10% correction.

 

Why am I writing this? After the FM988 live call suicide incident, I felt very empathetic towards the caller' s predicament. What I didn' t know was there are in fact so many victims like him out there who have paid RM 15k per person to these bunch of Fake Gurus and lost almost everything they invested in the stock market.

 

Retail investors are crucial towards the healthy development and vibrancy of Malaysia' s stock market. The fact that their record participation in 2020 have filled the void by foreign funds who have been selling our Malaysia stocks for the past 13 consecutive quarters shows how precious they are. If our retail investors are burnt by your actions and never to return to the market, it would lead to a huge void in future just like the Singapore Penny Stock Scandal in 2013.

 

So, I would like to put this on record, to those Fake Gurus, if you still have conscience and a heart, REFUND every single sen to these poor people. After that, close down your website, social media accounts and do not ever promote yourself as a GURU again. It is not their fault that they are misled by intentional and systemic misrepresentation. They are not lambs for you to slaughter. They have family too.

 

Full article source : www.tradeview.my


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PhillipTan
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07-Jul-2021 01:42     
 
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 Alert Admin 		Would you educate people not to fall for love scams and package scams etc?
Or would you rather try to reach out to those scammers and plead to their conscience and tell them not to scam?
What is the point of this sharing?

Fake gurus, real gurus, or just plain analysts putting out recommendations based on their research on hard facts...?
End of the day, no one is forcing anyone to buy anything or even to the extend of using all of his/her life' s savings to do so
Everyone is personally responsible for their own actions, if they decide to buy or sell and using how much of their money to do so
If blinded by greed to the extent of using all the life' s savings, they can only blame themselves

Even for " recognised real gurus" like Warren Buffet, does it mean their advice or recommendations will be rock solid?
Buffet himself also made many investment errors, some even costing him losses of millions to even billions of dollars
So if " real gurus" like Buffet gave wrong advice, then are they " fake gurus" ?

If someone can be so easily conned into paying so much fees to learn about investing from " fake gurus"
When anyone can easily get analyst reports from all the different banks and trading houses
Or go online to learn about trading by reading forum discussions or online articles etc
Even without these " fake gurus" , these are the ones who will still get conned one way or another
Love scams, package scams, lucky draw scams, kidnap scams etc, you name it
That is what happens when greed and stupidity meets

​ Educate people not to fall for scams
Instead of asking scammers to stop cheating money
 

tonyja      ( Date: 06-Jul-2021 23:33) Posted:



Tradeview - Retail Investors Are Not Lambs To Slaughter, They Have Families Too 

 

For many years, our local stock market had subdued retail investors participation. There are many reason why but mainly it has to do with the past financial crises. Whilst writing my book, I did substantial research sifting through past news reports and academic papers. For every cycle between 1987, 1997/98, 2008/09 and 2020, the stock market rally was always precipitated by influx of retail investors pushing it to new highs. However, they are always the last to leave ending up the biggest loser when the market collapse or selloff. This will then cause a period where retail investors participation dwindles to record low before normalising.

 

This is why brokerage houses or investment bank often focus on institutions / large funds as their key clients. This means they will get good insights from analysts, access to corporate management which help them invest better. Retail investors on the other hand will always be disadvantaged. This caused a vacuum and who fills the void? Fake Gurus

 

Retail investors influx in 2020 reach levels unseen since the 1993 bull run. Similarly, fake gurus started propping up everywhere. Countless Facebook & Youtube Ads of Fake Gurus flooded my social media. No matter how many times I hide or report ads, just like cockroach, they will find a way to come back. Now imagine, with many new retail investors, this makes them easy target for the Fake Gurus. 

 

Especially in a time of pandemic, where people are locked up at home, businesses are closed, income reduced, job loss, even boredom kicks in. Many invest in stocks hoping to pass time or simply to make ends meet. When those Fake Gurus keep appearing in your screen, showing you his expensive watch, car, house dressed in suit, you start wondering, maybe you should try investing too. With no knowledge in the stock market, your only reliance is the Fake Guru and his " philosophy" . You dont even know whether what he is teaching you is real because the Fake Guru gets celebrity endorsements and pictures with VIPs. When you ask question, they brush you off. You end up blindly following.

 

Sadly, these bunch of flamboyant and ostentatious people are indeed Fake Gurus who know NOTHING about investments, risk management or valuation. They only know simple theories. Needless to say, tragedy strikes when the market is no longer in a bull run like in 2020. These Fake Gurus had no idea about macroeconomics hence they would not know the intricacies of global landscape, politics or social issues which would necessitate retail investors to conserve cash entering 2021. They would also would not know cashflow importance and missed out Serba Dinamik' s glaring issue. As of today, KLCI is at 1531 which is 9% down from 2020' s peak which is close to a 10% correction.

 

Why am I writing this? After the FM988 live call suicide incident, I felt very empathetic towards the caller' s predicament. What I didn' t know was there are in fact so many victims like him out there who have paid RM 15k per person to these bunch of Fake Gurus and lost almost everything they invested in the stock market.

 

Retail investors are crucial towards the healthy development and vibrancy of Malaysia' s stock market. The fact that their record participation in 2020 have filled the void by foreign funds who have been selling our Malaysia stocks for the past 13 consecutive quarters shows how precious they are. If our retail investors are burnt by your actions and never to return to the market, it would lead to a huge void in future just like the Singapore Penny Stock Scandal in 2013.

 

So, I would like to put this on record, to those Fake Gurus, if you still have conscience and a heart, REFUND every single sen to these poor people. After that, close down your website, social media accounts and do not ever promote yourself as a GURU again. It is not their fault that they are misled by intentional and systemic misrepresentation. They are not lambs for you to slaughter. They have family too.

 

Full article source : www.tradeview.my

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