Posted by Pandu1 > Jul 27, 2021 5:10 PM | Report Abuse

1 of the factors.

Posted by John1234 > Jul 27, 2021 6:34 PM | Report Abuse

Over the last weekend, I posted that Careplus had outperformed Comfort and Rubberex in the last review period:

Closing prices as at 23/7/21:
Rubberex - RM 0.96 or 1.92(original pre-bonus issue price)
Comfort - RM 2.09
Careplus - RM 2.18

But things took a drastic change over the past 2 days:

Closing prices as at 27/7/21:
Rubberex - RM 0.88 or 1.76(original pre-bonus issue price)
Comfort - RM 1.89
Careplus - RM 1.83

Careplus was hit the hardest, followed by Comfort. Rubberex was hit the least as some investors/traders had already abandoned Rubberex in search of greener pastures. Less selling pressure.

Windfall tax is nothing new. It has been brought up before. But mkt operators just seize on this opportunity to whack down share prices.

Posted by Start_0f_the_bull > Jul 27, 2021 7:20 PM | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3178560

If tomorrow all glove counters can't gap up I don't know what to say.