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gloveharicut

Author: gloveharicut   |   Latest post: Fri, 3 Jul 2020, 5:21 PM

 

COMFORT, HARTA, KOSSAN, RUBEREX, SUPERMX, & TOPGLOV need a HAIRCUT? RHB SAID YES!

Author:   |    Publish date:


Dear Margin clients

Kindly take note starting today there’s a revision of Price capping for the Glove counters below

35% price cut on market closing or the price as stated below, whichever lower

1) COMFORT (2127) RM2.35
2) HARTA (5168) RM8.15
3) KOSSAN (7153) RM5.65
4) RUBEREX (7803) RM2.31
5) SUPERMAX (7106) RM5.00
6) TOPGLOVE (7113) RM8.64

If you have glove counters in margin account and have Margin call, can regularise by end of June 2020

Thank you

 

 

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  supersaiyan3 likes this.
 
johnny cash LOOKS LIKE RHB IS GOING TO BE GLOVES DESTROYER THIS TIME.. FUTURE DO NOT TRUST ANY OF THEIR REPORTS
02/06/2020 1:10 PM
Jokers2020 mf IB want to kill all ikan bilis
02/06/2020 1:16 PM
calvintaneng No lah

This super powerful bull run in gloves non stop caught many IB issuing call warrants by surprise

They are terrified by Colossal losses and are having sleepless nights

Only way out is to play dirty by whatever means to suppress prices to get out of their predicament

OK guys please be kind to them and understand their plight

Only thing is they cannot stop covid 19 and the demand for Glove which will still accelerate upward

So the glove bull is unstoppable

They all better stop issuing call warrant

Or else they will kena again and again
02/06/2020 1:35 PM
liewwl2004 Banks jealous glove companies have bigger capitalization than them
02/06/2020 2:32 PM
hsw2228 Glove counter still stay strong,
02/06/2020 3:07 PM
al8800 bankers start kicking out the contra / margin players and grab the shares by their own.....naughty banker, this year many non - glove companies performance not able to fulfill bankers'profit / return requirement.
02/06/2020 3:30 PM
arenaz09 i dont understand why careplus affected with this sentiment, they excluded from margin call but the price keep went down.. lol
02/06/2020 3:34 PM
Lukey_Greek Hope someone don’t lose his job due to this ‘brilliant’ idea to cap the share price value. Especially it is proven by the solid earnings, eg Supermax. Most the margin acct holders will redeem their financing to other banks.
02/06/2020 4:32 PM
pharker RHB call wattant issuer trying to limit their loss..imagine if they dun cap..their loss is impossible to contain
02/06/2020 4:59 PM
Huat huat 2020 Focus RGT. Next limit up stock
02/06/2020 5:21 PM
ahbah The goal posts are shifted when the game is still on ?
02/06/2020 5:30 PM
Boom Rhb Holland guys
02/06/2020 5:31 PM
Belisto Skrang Is this necessary to trim share price? Is it allowed in bursa..i am still new
02/06/2020 5:33 PM
ahbah Can covid-19 come to the rescue n restore the shifted goal posts ?
02/06/2020 5:36 PM
ahbah Top Glove Trading at FY21 P/E of 11x Only; Maintain BUY

•Massive earnings explosion in the coming quarters will throw brokers’ forecasts out the window. We raise our Top Glove's FY20-22E EPS by 37%/180%/18% as we impute for ASP hikes and spot orders until 1QFY21. We highlight that our FY21E EPS is still conservative as we impute for zero ASP hikes and zero spot orders from 2QFY21.

•Post-earnings revision and pegging at a lower CY21E P/E target of 23x (from 30x; +0.5 SD to 5-year mean), our new Target Price is MYR20.00 (+83%, from MYR10.95).

•Top Glove is our top pick.

Source: Maybank Research - 29 May 2020
02/06/2020 5:48 PM
ahmadyasni ne apa hal nak haircut nie...can someone plz xplain
02/06/2020 6:21 PM
nickcome508 It is not fair, genuine investors are affected.
02/06/2020 6:46 PM
alvin5588 https://www.theedgemarkets.com/article/brokerage-houses-tighten-margin-financing-glove-makers-stocks-amid-trading-madness?fbclid=IwAR1RJ3j1YJgTOCrNxBJps5-dCl6BIJoYpEVNpXTOZ1QgfvxJAxplb0qIvAo#.XtYgMWUHoy0.facebook
02/06/2020 6:55 PM
NTLAU Sore loser (IB)...
02/06/2020 8:55 PM
sensonic THANKS CALVIN FOR HIS 9954 CUN CUN TIPS. I EARN 10 K TODAY. BOUGHT 500 LOT 0.27 AND SOLD 0.29
02/06/2020 9:01 PM
tallman IBs rescue plan for call warrant by capping of margin. They loss a lot in their call warrant. I believe others IBs will follow
02/06/2020 10:54 PM
BATFLY Guess Banks can smell the overpricing of the gloves counter. The action of Banks send you a strong message to be cautious.. Happy trading..
03/06/2020 6:38 AM
wlchew save your money and go to genting casino when it re-opens. you stand better chance there then klse.
03/06/2020 8:26 AM
wlchew i wonder how many participant remember just a few of these counters. maxis double decker mox jti . all taken private if the company do well. klse is for syndicate play. remember omega securities?
03/06/2020 8:28 AM
Frank Tan The real value reveal.........
03/06/2020 8:54 AM
Huat8huat8 Brent 40 d.
03/06/2020 8:56 AM
Aack2001 They dont want too much speculation derives by debt only, for example using contra and margins. Prices will go up eventually as they release next result.
03/06/2020 9:23 AM
TuTu1183 please continue the selling so we genuine investor can buy more
03/06/2020 11:57 AM
jackfruit The IB have to manipulate to drive the gloves prices dowm otherwise they will lost heavy on call warrent that they issued. Dirty game
.
03/06/2020 12:04 PM
Sami_Value the barber shops cannot operate yet but they cut the hair anyway
04/06/2020 6:57 AM
Junichiro Barber shops can't operate. But where did the politicians cut their hair? All have nice n neat hair.
04/06/2020 8:49 AM
ahkeat1984 With this restriction,does it mean margin users cant buy/sell above the capped price? only cash buyers can?
04/06/2020 3:23 PM


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