Highlights
Social Forum >> Forum Thread
Last Price Today's Change   Day's Range   Trading Volume
3.22   +0.04 (1.26%)  3.18 - 3.24  2,547,100
12,313 comment(s). Last comment by lamdba at Aug 6, 2021 12:04 AM
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MoneyAndHoney
2552 posts

Posted by MoneyAndHoney > Jan 26, 2021 1:19 PM | Report Abuse

Sinovac vaccine disappointing to Brazil, only 50.4% effective

https://asia.nikkei.com/Spotlight/Coronavirus/Sinovac-vaccine-disappoints-at-50.4-efficacy-latest-Brazil-data


MoneyAndHoney
2552 posts

Posted by MoneyAndHoney > Jan 26, 2021 1:19 PM | Report Abuse

So disappointing


MoneyAndHoney
2552 posts

Posted by MoneyAndHoney > Jan 26, 2021 1:20 PM | Report Abuse

Habis finished selesai kaput


ILoveGloves
689 posts

Posted by ILoveGloves > Jan 26, 2021 2:10 PM | Report Abuse

To those who hate gloves, do you know why klci-30 counters also now some have already rebounded to get positive result, the counters also faced very dip down many months since march last year before. Why some can rebound because of undervalued for so long. Why glove can't? Gloves faced big adjustment now as well for many months like klci-30 counters, yet now they are still make a lot of profit. Eventually they will show their value no doubt as a good thing with strong intrinsic value, don't worry nobody will discover it, many will come for it.
I advice those anti-glove, if you don't like glove you can just go to the counters you like, don't make people lose their opportunity.


MrGlover
245 posts

Posted by MrGlover > Jan 26, 2021 2:13 PM | Report Abuse

Nice discount again :)


casanwk
756 posts

Posted by casanwk > Jan 26, 2021 2:26 PM | Report Abuse

That right nice discount of 50%, if u use fibo retr.
Price finding support at tis level. Next step wait for reversal pattern- another bullush candlestick bar. And ride the B wave to 450 again! ;)


mf
25172 posts

Posted by mf > Jan 26, 2021 2:27 PM | Report Abuse

ASIA MARKETS
Stocks in Asia decline;


STEADYBOMBIBI85
1077 posts

Posted by STEADYBOMBIBI85 > Jan 26, 2021 3:36 PM | Report Abuse

what happened to gloves today ??


nicholas99
4046 posts

Posted by nicholas99 > Jan 26, 2021 4:00 PM | Report Abuse

Exodus


754232
146 posts

Posted by 754232 > Jan 26, 2021 4:06 PM | Report Abuse

Next month is cmco , no more mco..


chshzhd
1767 posts

Posted by chshzhd > Jan 26, 2021 4:08 PM | Report Abuse

relax..


MrGlover
245 posts

Posted by MrGlover > Jan 26, 2021 4:18 PM | Report Abuse

Blocking at 4.28 trying to contain. Don't miss the next jump guys :)


GoodBoy
6295 posts

Posted by GoodBoy > Jan 26, 2021 5:02 PM | Report Abuse

RSS sold volumes for today from 9:00 am to 5:00 pm ... Kossan 0 shares, Hartalega 338,100 shares, SuperMax 141,300 shares, TopGlove 7,045,000 shares ...


drgondrong
135 posts

Posted by drgondrong > Jan 26, 2021 5:10 PM | Report Abuse

Not bad. Gain the most yesterday, drop the least today. Closing up the valuation!


GrowingRich
2732 posts

Posted by GrowingRich > Jan 26, 2021 5:25 PM | Report Abuse

Some people


GrowingRich
2732 posts

Posted by GrowingRich > Jan 26, 2021 5:26 PM | Report Abuse

They like to throw at low then chase back later at high


GrowingRich
2732 posts

Posted by GrowingRich > Jan 26, 2021 5:26 PM | Report Abuse

Idddiots


GrowingRich
2732 posts

Posted by GrowingRich > Jan 26, 2021 5:26 PM | Report Abuse

Digkhedds


GrowingRich
2732 posts

Posted by GrowingRich > Jan 26, 2021 5:26 PM | Report Abuse

Poondaek


MrGlover
245 posts

Posted by MrGlover > Jan 26, 2021 5:27 PM | Report Abuse

Thanks @GoodBoy. Think it's profit taking. We just need to be ready for the next spike. I'm staying invested. Can't wait to see their Q results and buy back starting :)


MrGlover
245 posts

Posted by MrGlover > Jan 26, 2021 5:31 PM | Report Abuse

Wonder who bought the 563k shares at 4.50pm which caused it to close at 4.33. From 4.30pm looks like people snapping up again.


GoodBoy
6295 posts

Posted by GoodBoy > Jan 26, 2021 5:43 PM | Report Abuse

We hv "7 Wonders Of Malaysia" ... TopGlove, Hartalega, SuperMax, Kossan, CarePlus, Confort n Ruberex ... The problem is, everyone keep wondering what is happening ... Revenue n profit keep increasing but price keep dropping ... hahaha ...


Jesselivermore
68 posts

Posted by Jesselivermore > Jan 26, 2021 5:53 PM | Report Abuse

goodboy thats because the explosive results that we see now are already priced in and they expect 2022/2023 onwards the asp will drop significantly due to oversupply and lower demand.


MrGlover
245 posts

Posted by MrGlover > Jan 26, 2021 5:59 PM | Report Abuse

@Jesselivermore Yes, that's why some folks thing but forgot that priced in stock price was when it peaked last year. So now, it's considered super under value :p


TRYLUCK88
193 posts

Posted by TRYLUCK88 > Jan 26, 2021 6:17 PM | Report Abuse

Cautious trading. Tomorrow will be a mix of ystd purchase due & newly joined group of MCO retailers.


TRYLUCK88
193 posts

Posted by TRYLUCK88 > Jan 26, 2021 6:20 PM | Report Abuse

Shorties need not buy back immediately to cover position as the interest cost to borrow is insignificant compared to the gain when market dropped due to external factors. Low dividend declared also does not harm them much. Market is too volatile.


GoodBoy
6295 posts

Posted by GoodBoy > Jan 26, 2021 6:25 PM | Report Abuse

ASP might drop, but to expect that oversupply n lower demands is still arguable... We can't accept double standard in evaluating biz for gloves against other sectors... How can you value gloves biz beyond 2023, which is 4 years ahead of time? ... Other sectors valuation are based on yearly forecast only...


MrGlover
245 posts

Posted by MrGlover > Jan 26, 2021 6:31 PM | Report Abuse

We see how it leads to Q announcement. Anyone knows exactly when? Is it first or second week of Feb?


GoodBoy
6295 posts

Posted by GoodBoy > Jan 26, 2021 6:40 PM | Report Abuse

You may check with their previous year qr announcement date, normally will be around that time ...


Brutus
89 posts

Posted by Brutus > Jan 26, 2021 6:52 PM | Report Abuse

@MrGlover, they last announced it on 9th Nov, so if we just add 90 days, then we can expect it on 9th Feb 2021.


CSOON 77
90 posts

Posted by CSOON 77 > Jan 26, 2021 7:13 PM | Report Abuse

Kossan 18 Feb Q


Jesselivermore
68 posts

Posted by Jesselivermore > Jan 26, 2021 7:16 PM | Report Abuse

MrGlover, I agree. That's why i am here. Its like back to March guys.


Jesselivermore
68 posts

Posted by Jesselivermore > Jan 26, 2021 7:18 PM | Report Abuse

Goodboy, yes yes yes. fully support your points.


MrGlover
245 posts

Posted by MrGlover > Jan 26, 2021 8:07 PM | Report Abuse

Cool, so we watch Supermax Q fantastic results first! :)


Fong Chin-bok
848 posts

Posted by Fong Chin-bok > Jan 26, 2021 8:30 PM | Report Abuse

It is too painful for shorties to cut loss, hence they rather keep the short open and continue attacking to bring down the price


Ukga
40 posts

Posted by Ukga > Jan 26, 2021 8:42 PM | Report Abuse

A very profitable sector for the foreseeable future. Should buy more just to enjoy the quarterly dividend payments when the share price is depressed. Cheers and stay safe.


MrGlover
245 posts

Posted by MrGlover > Jan 26, 2021 9:08 PM | Report Abuse

@beginner The longer they keep open, the worse it is for them :p
On TG, they already returned 20m shares. :)


Jesselivermore
68 posts

Posted by Jesselivermore > Jan 26, 2021 9:11 PM | Report Abuse

how you find that info @ MrGlover?


MrGlover
245 posts

Posted by MrGlover > Jan 26, 2021 9:37 PM | Report Abuse

@Jesselivermore At TG company announcement by Bursa
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3124550


Jesselivermore
68 posts

Posted by Jesselivermore > Jan 26, 2021 9:44 PM | Report Abuse

saw this. but how do you know this is short sellers returning their shares? because epf is not acquiring from open market?


MrGlover
245 posts

Posted by MrGlover > Jan 26, 2021 9:54 PM | Report Abuse

Is says SBL and EPF is acquiring. This was half of what EPF lend out previously.


Jesselivermore
68 posts

Posted by Jesselivermore > Jan 26, 2021 9:56 PM | Report Abuse

got it. thanks man.


MrGlover
245 posts

Posted by MrGlover > Jan 26, 2021 10:43 PM | Report Abuse

Perhaps we retailers should team up and squeeze the shorties :)
https://youtu.be/SyXdjl1NjZk


jeremylin
166 posts

Posted by jeremylin > Jan 26, 2021 10:52 PM | Report Abuse

I think kossan will have a bull trend in no longer time


Jesselivermore
68 posts

Posted by Jesselivermore > Jan 26, 2021 10:59 PM | Report Abuse

haha lets do it like GME! squeeze those mtfk out!


GoodBoy
6295 posts

Posted by GoodBoy > Jan 27, 2021 1:20 AM | Report Abuse

RSS traders did not buy back any shares of Kossan, Harta, TopGlov n SuperMax on Monday 25/01/2021 ...


MrGlover
245 posts

Posted by MrGlover > Jan 27, 2021 8:24 AM | Report Abuse

SHORT SQUEEZE YA!


Jesselivermore
68 posts

Posted by Jesselivermore > Jan 27, 2021 9:03 AM | Report Abuse

lol. malaysian retail investor dont have the balls like the americans.


casanwk
756 posts

Posted by casanwk > Jan 27, 2021 9:55 AM | Report Abuse

Support 419


MrGlover
245 posts

Posted by MrGlover > Jan 27, 2021 10:08 AM | Report Abuse

Buy their cheap tickets! :)

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