hcthey

hcthey | Joined since 2017-09-25

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Stock

2022-03-16 16:40 | Report Abuse

Ah Meng, you better sell your shares now, this is not a good company, good management will never ask money from shareholders by calling for rights issues. after the ex date, the market price will drop below 50 cts. I don,t see any good prospect for this counter, buyers have disappeared from the market, Ah Meng, you better sell it and shift over to other counters of which they made profit plus distribution of divividend, you consider my advice, happy trading to you,

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2022-03-16 15:10 | Report Abuse

This counter reached its highest of RM10.80 on the 6-8-2020, there is still room for it to go up further,

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2022-03-16 15:04 | Report Abuse

Hopefully it will break $7.00 before closing,

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2022-03-16 12:43 | Report Abuse

I belief that during the Ex date on 28 March for this counter, it will fall below the rights issues price at 50 cts. To avoid double losses, I better clear my shares and run away for safety.

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2022-03-16 11:10 | Report Abuse

Bursa is back again, since beginning of Feb 22, EPF keeps on buying this counter continuously until today. I am confident in this counter too, follow EPF footstep, top up some shares.

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2022-03-04 17:19 | Report Abuse

tan5995 you are smart and lucky, you have escaped safely. this counter drop further for today. all gloves counters give dividends except this lousy counter. I am trapped and caught. my average cost is about 90 cts. lost heavily.

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2022-03-04 15:31 | Report Abuse

This is a lousy counter, Board of Directors is stingy and selfish, the company has made 185 millions of excellent profit, but never care of the benefit of the shareholders by declaring not event 1 ct of dividend to shareholders. Without the support of minority shareholders, the company cannot survive. the Directors get big money and benefits from the company once company makes good profit, however, what do shareholders get ?? why this counter keeps dropping its trading price, even though the company made good profit, because other value traders understand that Board of Directors never let shareholders have chance to share profit with them. Other gloves manufacturers declare good dividends yearly to their shareholders, so that they attract more supporters to buy their shares, how about Ruberex ? what do we get from this counter, being a shareholder, I should say, it is nothing. I regret to have purchased this counter. I will sell my shares and shift over to other counters which can pay me good dividend after company making profit. Our main motive to buy shares is to earn some profit including receiving of dividend from investment. Happy trading to all in the market.


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2022-02-03 12:36 | Report Abuse

this is a lousy counter, I foresee that after the rights issue, this counter will drop below 50 cts.
I belief the company has a lot of bed debts or impairment losses, after contra off with this impairment losses, its NTA may drop below 1.00 and no more RM2.30. Money received from rights issue may be utilized for debts repayment. This counter has no hope at all, I am not confident in it and do not wish to preserve this counter anymore, I force myself to dispose of all my shares at big losses last week and today. my cost per share is about RM1.10. With the proceeds received, i look for better profitable counter with annual dividends. This is a sinking ship, if I would escape now, I will die of suffocation in the ship. The above is my personal opinion, you don't follow me if you are confident in this counter. Happy Chinese New Year and happy trading as well to all my friends who are still in the market.

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2022-01-11 10:32 | Report Abuse

Today, the counter drops to 61 cts which is amongst the 10 years historic low. the company declares for rights issue only and it does suffer from huge losses, what is the rights issue price and when is the Ex date, they are still unknown, why feel so panic to throw away your shares. it is so low price now, better to buy rather than to sell. Be patient, it will be back to your favorite price later.

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2022-01-10 22:47 | Report Abuse

this counter plunged down heavily this afternoon, down 20 over cents .the company has just proposed to have right issues of 1 for every 2 shares held, It has not yet confirmed the date and issue price. it will call for EGM to seek approval from the shareholders, i belief that it will take considerable time to finish the whole procedure. who knows, it will bounce back tomorrow.

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2021-12-10 12:34 | Report Abuse

when I look at the technical analysis, it looks attractive to buy for investment. Two days after, I studied the company's financial statement for 9 months in conjunction with its cash flow, to my astonishment, during this period, the company has purchased properties (RM78,057,000) and acquisition of subsidiaries (RM15,916,000), total amount paid is RM93,973,000. I do not have any issues on these purchases and acquisition. However, I don't see any good reasons for the company to paid a very high GOOD WILL (INTANGIBLE ASSET) OF RM33,883,000 for the purchases and acquisition. this resulting the company runs out of fund, now the company comes back to shareholders asking for money through proposed right issues. Profit for the period is RM33,702,000. and good will paid is RM33,883,000.

In the balance sheet, under non current assets, it appears that Intangible assets shoot up to RM115,877,000, good will to RM23,327,000. These 2 figures have no tangible asset value, they are fictitious figures which just help to balance up the accounts that's all. I regret to pay so much to buy this counter, the company has made good profit, by right, the board should declare dividend and pay to shareholder for their loyal support, instead, company comes back to you asking for money by issuance of RI. in the event that proposed right issues is passed in the coming EGM, frankly speaking, I am not capable to subscribe for the RI but to dispose it of again in the market with sore-hearted. Happy trading to those who are still in the market. The above is my personal opinion on the company's 3rd quarterly report.

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2021-11-26 16:21 | Report Abuse

every counter you see in the market is in red color and it seems nobody wants to stay in the market anymore and keep on selling, including local institutions. The index will break 1500 soon. I sell at loss and go away too.

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2021-11-10 12:06 | Report Abuse

Look at the current chart, it has dropped to the lowest since April 2020. this is the right time to accumulate shares for medium term investment. cash in hand is OK and net current asset is healthy. Fundamentals are intact. Retained profit & general reserves are OK too. yearly profit is in positive position. Recently EPF is the only greater seller, the rest remains unchanged. Not body can expect to buy at the lowest. Bad market is a good opportunity for you to purchase at lower price. The above is my personal opinion for my own reference only. hahaha, happy trading.

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2021-10-28 16:15 | Report Abuse

Ewint is coming, up..up....

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2021-10-28 13:27 | Report Abuse

@neWbie606 thanks.

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2021-10-28 10:59 | Report Abuse

@neWbie606, as mentioned earlier, after price adjustment, there will be a slight drop for one or two day and it may pick up slowly by next week. The counter is manipulated and is played like a magic in their palm. Anyway I opine that it would not be under selling pressure. The big boss is the same like us, hoping the share to be up after the national budget to be announced tomorrow. Don't forget that this counter came down from the highest of RM14.80 done in the past 5 years. Happy trading and good luck to you.

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2021-10-26 11:27 | Report Abuse

This counter will be pushed up in the afternoon before the market closes. Tomorrow is the last entitlement day for dividend of 26 cts, I foresee, it does not drop today, worse comes to worse
the overnight closing price will be maintained. .

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2021-10-23 16:22 | Report Abuse

Friday (22-10-21) has the greatest volume of 200,877 shares done so far, Monday (18-10-21) 52,880 shares done , (20-09-21) 40,200 shares done. the rest of the days all below 30,000 shares done. may be good news is coming. expect the company makes very good profit for the quarter ended 30-10-21. (Houses completed and delivered)

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2021-10-22 15:20 | Report Abuse

Today, i notice that there is less sellers, but strong buying support., holders are reluctant to sell their shares at this hour, everyone is waiting for their dividend of 26 cts to be distributed to them soon, it is only few days away from them. everybody has the same psychology, waiting for the good dividend to come. you don't sell and I don't sell, causing a big crowd of people chasing for small number of selling shares.

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2021-10-22 09:50 | Report Abuse

Trading for yesterday : Gain volume 937200 against loss volume 480600, this shows buying support is stronger, it is a good sign. (This is my opinion and new way of calculation for myself only).

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2021-10-22 09:33 | Report Abuse

I hope it will reach my TP of RM8.00 & above.

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2021-10-21 15:26 | Report Abuse

hopefully, I will see green figure at the end of the day, haha....

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2021-10-21 10:25 | Report Abuse

The trading volume is small and the shares are not under selling pressure, do not be panic of morning dropping and it will be back in the afternoon with green color. Shareholders are still waiting for the dividend of 26 cts to be distributed, ex date is on 28th this month, so I do not see heavy disposal.at this moment.

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2021-10-20 17:40 | Report Abuse

The 1st Top 5 volume with higher value done for today : (1) 176700 shares(RM7.800), (2) 172000 shares(RM7.810), (3) 141500 shares(RM7.850), (4)131400 shares(RM7,790) &
(5)123700 shares(RM7,780)

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2021-10-18 09:28 | Report Abuse

I do hope that a Big & Long Green Candle will appear before the market closing.

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2021-10-12 11:23 | Report Abuse

Eventually, I hope it will reach RM7.00 today. This counter is controlled by 30 largest shareholders of 89%.

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2021-10-11 21:41 | Report Abuse

as at 30th June 2021, foreigners were holding 2.83 % of the total paid up.
As at 3oth September 2021, foreigners were holding 3.74% equals to about 9,237,000 shares.

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2021-10-06 15:08 | Report Abuse

come to the end of the day, ,i am confident that this counter will close at 6.780 or and above.

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2021-10-01 16:21 | Report Abuse

I have paid attention on this counter and have noticed that this counter will never be up since the opening of market in the morning till afternoon around 4.40pm. it will be up only before the closing bell at 5.00 pm. I am still holding the shares and waiting for the entitlement till the end of this month. Dividend to be distributed in the month November 2021,. it is long way to go, must be patient to hold it. Hopefully it will reach RM7.00 by next week.

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2021-10-01 11:42 | Report Abuse

Bosses are smart and calculative, I can't belief that they will concert their warrants by topping up another RM1.45 in order to get 1 ordinary share which , at this moment, can easily be bought at the open market at 44 cts. moreover, these free warrants will expire on 4.4-2022. Currently I don't see any conversion done so far. The conversion price of RM1.45 is extremely high if compare with the mother.

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2021-09-30 14:18 | Report Abuse

RM6.65 is the highest price done since the 1st of December 2020 after the company rel-listing in November 2020. Aiming for RM7.00 is not a problem, be patient and hold it, you will achieve your goal at RM7.00 or even higher. good luck.

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2021-09-29 13:11 | Report Abuse

If this counter is good and has future potential, why some investors keep on selling it, causing the selling price becomes lower and lower, anyone knows the reasons. could it be a trick by some shareholders who try to push down the market and they accumulate the shares slowly. They will sell out the shares for profit when the market is up.

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2021-09-03 12:43 | Report Abuse

this counter has been suspended for 5 years and relisted on the 13 of Nov. 2020. during the 1st day of relisting, its opening price went up to the highest of RM8.80 and later kept on dropping to the lowest of about RM5.80. The company recently has announced its financial results of making profit of 203.287 million, increased 115.83% compared to last year's profit. The Board has recommended and declared that 26 cts dividend to be paid out this year, actual date to be confirmed later. This counter is controlled by 30 largest shareholders of about 95 to 97%, the trading volume is therefore not so volatile. I personally opine that before the EX Date for dividend, reaching RM7.00 is not a problem.
This counter is a subsidiary of Hong Leong Finance which controls about 75%( + - ). There is no change in its paid up capital so far, still remaining of 246.896 millions shares. Since it IPO and listing in BURSA 8 years ago, its highest price went up to RM14.00 plus. I consider this counter is good for long-term investment The above is my prediction and not an advice to anyone involved in this counter to buy or sell, you may buy and sell at your own risk.

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2021-07-08 08:59 | Report Abuse

after X dividend, it is likely to drop 2 to 3 cts. today

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2021-06-25 15:01 | Report Abuse

thank you RISK8888, you provide us a very clear & valuable explanation.

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2021-06-25 11:34 | Report Abuse

the company announced a good special dividend of 5% to be distributed to shareholders by 23 of July. the company made 65 M during the 1st half year with its NTA increased to 1.25 which now exceeds the IPO price of 1.20.
Smart investors normally try to press down the selling price first and then they buy in the shares slowly without your notice, some panic sellers follow their foot step to sell their shares at loss, the poor investors will become the prey of these smart investors, other then they buy the good share at cheaper price, they also enjoy the 5% of special dividend to be paid in July, it is less than one month time and to receive 7.8 % of dividend yield which is much better than bank interest rate. I can't understand of why, some investors are selling their shares now after the good news are announced. The company is currently doing well in Australia and UK. Buy the shares and hold the shares for medium term, you don't loss if you buy them now for investment.

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2021-06-22 11:33 | Report Abuse

Ewint will be back with good 2nd quarterly reports, results will be out in few days time. keep on holding the shares with patience, you will get better profit,

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2021-06-18 16:42 | Report Abuse

This counter always drops in the morning and rebounds in the afternoon before closing time. It is likely to avoid contra players in this counter. hopefully it is moving up slowly.

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2021-06-18 10:34 | Report Abuse

Ewint is back again, its 2nd quarterly reports to be out by the end of this month, I predict it should be a handsome one. Be patient, you will get your big angpau soon.

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2021-06-16 14:48 | Report Abuse

this counter is picking up strongly today.

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2021-06-15 14:54 | Report Abuse

this counter is crawling slowly towards RM0.70. don't sell and hold it firmly, it will come back to its IPO price of RM1.20 sooner or later.

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2021-06-11 17:20 | Report Abuse

good closing price. it will go up again in weeks to come.. 2nd quarterly financial reports will be out by the end of June., result is bellieved to be good & attractive.

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2021-06-11 15:07 | Report Abuse

It has reached the highest trading price at 65 cts since March 2020. the followings are the highest records done for these days, 57 cts on 8th of June, 61.5 cts on 9th of June, 62 cts on 10th of june,.you can see obviously, this counter is moving up slowly towards RM1.20. its current NTA has come back to more than the IPO price. Be patient, the IPO price will be back eventually.

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2021-06-08 11:23 | Report Abuse

It has today breaks barrier of 60 cts, it will move forwards slowly to 65 to 70 cts level and there is good chances for this counter to go back to its IPO of RM1.20 in short future. Many investors are holding this counter in loss. It is NOT too late for the new investors to pick up this counter. 2nd quarter report will be out by the end of this month. I belief that the results should be very ideal one.

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2021-06-03 22:28 | Report Abuse

Penanglang, once you are on the trading page, look for Research on the top of the trading page, you will see the word EQUITIESTRACKER, click on Malaysia (Not Singapore), key in the name of the counter you are looking for, (HLCAP), it appears a row of information for you to choose, there are balance sheet, capital, dividend, directors, snapshot and so on. hopefully you are successful to get the information which you are looking for.

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2021-06-03 11:54 | Report Abuse

this counter is picking up slowly. RM6.00 to RM6.50 shouldn't be problem. This counter is the subsidiary of HL Finance who is controlling about 75% (my estimate). Foreign investors are holding 2.9%, whereas top 30 shareholders are holding 94% (+/-). Balance float circulating in the market is only 3% To 4% only, that is why the counter is less active. Sooner or later, it will shoot up
sky high. If you have already bought the counter, be patient , the fortune and luck will come to you soon.

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2021-05-27 16:00 | Report Abuse

3rd Quarter report is out today, nine-month profit is 132 million, increase 128.67 %. It is a very profitable company , don't miss the boat, before people buy, you should buy first,, the selling price is still cheap. The highest selling price in 2015 was more than RM14.00. About 97% of the shares is controlled by 30 largest shareholders.

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2021-05-09 17:08 | Report Abuse

I agreed with Raiz368's opinion, it is possible to happen. just hold your shares firmly and be patient. Your dream will materialise by the end of the year. I do hope that it will occur.

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2021-05-08 22:14 | Report Abuse

I bought in bit by bit from 93 cts to 1.03. average cost is about 1.00. I am confident in MS and belief that It will be back soon. I will hold it until I make profit. Do not worry of a good company which was doing well in the past decade. From 2010 to 2019, the company was making at least 200 million of profit and above, except for financial year 2020, due to Covid 19, it was greatly affected by the pandemic and the profit dropped to 104 millions. its NTA stands at RM1.40. For years 2010 to 2018, the highest trading price done between RM1.40 to RM2.40. Since 2019, it trading price fell below RM1.00 until last Friday closing at 97 cts ( 7-5-21 ).

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2021-05-08 16:48 | Report Abuse

the highest volume done was 2582948 on 24-04-2021 (Highest price traded on the day was RM1.11), followed by 1828399 on 26-04-21, 1110086 on 27-04-21, 868487 on 28-04-21, 501274 on 30-04-21, 513712 on 03-05-21, 412847 on 04-05-21, 270693 on 05-05-21, 394782 on 06-05-21 and 190622 on last Friday 07-05-21. I belief that for those sellers who bought their shares earlier for 87 cts to 93 cts have all been sold out for profit during the past 10 days. From next week onwards, I will see all the old sellers be back again and to buy back their shares. They also understand that MS is a good counter to hold for long term investment. MS is not only cash rich company but also rich in landbank for future development. When MS hand gloves machineries are in full force, anytime, its producing capacity will be better, faster and more efficient than Carepls and Adventa. Current market price of MS is more attractive than above mentioned companies. If you plan to get good money from MS, you better buy now. Hahaha.........