Highlights
KLSE: RUBEREX (7803)       RUBBEREX CORP (M) BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
1.94   -0.01 (0.51%)  1.90 - 1.97  12,158,500
Trade this stock for as low as 0.05% brokerage. Find out more.

Price Target



No recent Price Targets for stock

Analyze this stock with MQ Trader system

  9 people like this.
 
EdwinYap86 If got dividend , director won't disposed ALL his share dy.

Don't con newbies old

Lol
27/11/2020 6:04 PM
EdwinYap86 Run now or bag holding for 5 years
27/11/2020 6:04 PM
Albukhary haha... Trust me, very soon you will see a very powerful shareholder appeared in Ruberex.
27/11/2020 6:10 PM
Joyce Lee But something interesting here , if dato throw , sure mz have buyers buy in right? Ermmmmm
27/11/2020 6:16 PM
mindofgain By the way, he is just a investor of the company. So it’s really make sense he sell now
27/11/2020 6:23 PM
mindofgain He accumulate since 0.60 and now already 300+ % for him
27/11/2020 6:24 PM
Albukhary Dato Ong is not just a investor, buy low sell high.
Dato Ong hold more than 50%, he is the person who control the entire company, he running the show, he will bring Rubberex to next level.

You guys can look at the disposal of treasury share. If Dato want to buy low sell high, he will not dispose the treasury share, instead he will buy more treasury share to support the share price, so easier for him to sell high.

So, it is very obvious that a big player is accumulating the share. Once the shareholding exceed 5%, you will see the name.

It could be:-

1) Oversea fund
2) Local fund - EPF, KWAP, LTAT
3) Big name investor (i.e. Brahmal)
27/11/2020 6:34 PM
Hootbear Dato gave u all discounted shares u all bising babi la. Just wait la by end of dec, i promise rubberex will make those hate comments here regret k
27/11/2020 8:28 PM
see2sea Immediate Press Release dated 20 Nov 2020

Quoted:

The major shareholder of Rubberex, Dato’ Eddie Ong Choo Meng, holds high regard for the glove
industry in general and is committed to strengthening the Group’s presence in the world market. He
envisions an expansionary trail for the Group through increasing manufacturing capacities to meet
higher global demand while capitalizing on the Group’s established customer base and marketing
networks around the world. He is also pleased to announce that in the pipeline is Rubberex’s next phase
of expansion valued at approximately RM400.0 million, to be invested in thirty(30) new double-formers
production lines, with an installed annual capacity of 7.5 billion pieces. “This would boost the Group’s
current capacity from the current 2.5 billion pieces to 10.0 billion pieces, putting us on par with some
of our respected peers. This phase of expansion shall be coordinated in stages, with the upcoming initial
fifteen(15) production lines to be financed by internally generated funds, slated for construction by first
quarter of 2021 till completion by end-2021 before embarking on the second phase by mid-2022.”

----------------------------------

Director disposed shares + disposed of treasury shares = for future expansion

Do not misunderstand.

Hold tight and be patience.

They know there will be another 2nd bull run.

Hint
27/11/2020 8:50 PM
see2sea Rubberex will increase 4 times capacity from 2.5 billion.

Anyone can calculate the target price? Let say ASP remain the same or give a 50% discount from current ASP.

Thanks
27/11/2020 8:53 PM
frank74 I concur. There may be a big investor coming in, as the sale of the treasury shares were done in big blocks and certainly not sold to Ikan bilis. I saw it on the trading screen, right in front of my eyes.

As for the personal sales, I would monitor closely and not be alarmed as he still does have 50% of the business. And I would say it’s done at the best time without rattling the stock. It’s done at a time when trailing PE is low, profits are high and going to continue to be high, with additional capacity coming on board. That was why the sale was absorbed very comfortably.

Technically, the strong support is at the 1.90 region and perhaps to the recent low around 1.80. Anything above those points, I would not be concerned. In any case if you’re a mid to long term investor, you’d be focused on the massive capacity expansion which would offset any drop in ASPs after then pandemic is over.

In short, we’re looking at sustainable earnings in the long run, and the price is attractive. Have a great weekend !
28/11/2020 9:02 AM
Jonathan Keung Rubbberex is an underated glove counter
28/11/2020 9:03 AM
PZOGRO HOT!

ONG & CO. SALES NOW IS HEALTHY TRANSACTION

TO LIQUIFIYNG CO. SHARES IN MKT SO AS MORE IB RHB COULD BUY FROM MKT BEFORE ITS GONE UP AGAIN.

RELAX DUDE!

https://www.fsmone.com.my/admin/buy/factsheet/factsheetMYOSKTGF.pdf
29/11/2020 9:25 AM
gemfinder No windtax oredi discounted la sorgai
29/11/2020 10:32 AM
Joyce Lee Pzogro u mean currently dato ong disposed shares and rhb buy up? Any related link that can prove this?
29/11/2020 11:14 AM
Mosiong Wong Yes. It's actually acquired by new investors those sold by Ah Ong
29/11/2020 12:39 PM
Joyce Lee Mosiong bt all tis is still guessing , not yet have any announcement ,wait for it maybe
29/11/2020 1:55 PM
Sabah1971 Good....wait & see
29/11/2020 4:58 PM
Creativeteam Directors sold huge vol. Who is buyer? Or reorganization?
29/11/2020 5:11 PM
nmsfqi With the inclusion of Supermax into Bursa Main Index next month will only add more weight to glove sector in play. It’s time to fly.

https://www.nst.com.my/business/2020/11/644501/earnings-push-bursas-top-30-supermax-inclusion?fbclid=IwAR1IxQk2e-y001VVGWcD1xuRzWIQHb2yik26CsC6KWNGmhNY-NHl3jKqSmw
29/11/2020 6:57 PM
Pandu1 https://www.lifesitenews.com/news/former-pfizer-vp-no-need-for-vaccines-the-pandemic-is-effectively-over
30/11/2020 12:08 AM
z3fthology all glove open green rbx only red jibet
30/11/2020 9:04 AM
Sathya9121 shall I cut loss?
30/11/2020 9:16 AM
mike555 When Directors and Shareholders are selling off in millions, then we retailers ........
30/11/2020 9:33 AM
JustTry19 Expected to go up .. 80mil shares disposed on 27/11.. hope no more crazy DIR
30/11/2020 9:35 AM
Sathya9121 I don't think director sold it out to open market..
30/11/2020 9:36 AM
z3fthology buying power recovering, hope RBX management stop sabotaging
30/11/2020 10:06 AM
wkkht QR is very good NTA: RM3.27.
ASIAFLE
2.000
+0.1 (+5.3%)
Quarterly rpt on consolidated results for the financial period ended 30 Sep 2020
ASIA FILE CORPORATION BHD

Financial Year End 31 Mar 2021
Quarter 2 Qtr
Quarterly report for the financial period ended 30 Sep 2020
The figures have not been audited
Attachments
AFC - FY2021 2Q Quarterly Results Announcement.pdf
671.7 kB
Default CurrencyOther Currency
Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
30 Sep 2020

INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30 Sep 2020
30 Sep 2019
30 Sep 2020
30 Sep 2019
$'000
$'000
$'000
$'000
1 Revenue
66,605
73,304
111,257
150,903
2 Profit/(loss) before tax
14,456
8,842
15,556
20,978
3 Profit/(loss) for the period
12,683
7,099
13,314
16,825
4 Profit/(loss) attributable to ordinary equity holders of the parent
12,690
7,079
13,340
16,807
5 Basic earnings/(loss) per share (Subunit)
6.52
3.63
6.85
8.63
6 Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($)
3.2957
3.2149
30/11/2020 10:15 AM
Hootbear Director disposed to expand business. Stay tuned la folks
30/11/2020 10:44 AM
kasrim ok.. i hold
30/11/2020 11:14 AM
Chua Joe Beng Dato' Ong Hextar Global flying! Rubberex next?
30/11/2020 11:26 AM
Hootbear Go check their press release. They re buyin land to increase prod lines. Soon my bro rubberex gonna fly. Hold tight2
30/11/2020 11:37 AM
bananachacha ok holding too
30/11/2020 11:41 AM
30/11/2020 1:02 PM
kasrim maciam mau fly je..
30/11/2020 3:03 PM
ChrisMz everything up except u rbx... sad
30/11/2020 3:11 PM
ryanlcc no energy RBX
30/11/2020 3:12 PM
learner1234 No hope for Rubberex anymore..
30/11/2020 3:13 PM
AFIinvest time to buy more
30/11/2020 3:16 PM
ryanlcc learner1234 : u sell, i buy.
no issue bro..

AFIinvest: agree
30/11/2020 3:23 PM
remus17 seems somebody purposely press the price, so that it won't go up. other glove counters all goes up
30/11/2020 3:38 PM
ChrisMz clearing off contra players maybe.. today t+2 from last thursday's spike up
30/11/2020 3:40 PM
Pantasanicolas Kids ! No more monkey jumping up the tree......big players have left and for next year all focus on Genm , airline companies , bio energy, telco and oil&Gas. Glove counters already in history .....Good luck and take care....
30/11/2020 4:04 PM
z3fthology dato ong dumped all his share last week, who is doing it now?
and by the volume, seems like there is big fund buying at cheap price, what is the story behind?
30/11/2020 4:08 PM
Pantasanicolas Latest news , the company pressing down the price below RM 1.00 end of January 2021.... Be careful kids .... For those intend to recover profit wait for next year.... From now to next year the price will limit up to 2.2 then drop back to 1.90. For those contra buyer can try your luck .....Have a good day !!!
30/11/2020 4:13 PM
richcares NOO any comment
30/11/2020 4:15 PM
Pantasanicolas Z3 my cousin dato ong is selling to investor and he intend to quit the company ...... The investor to bring the company to holand...they use it for miney launghdry........ Good luck kids
30/11/2020 4:16 PM
Finance4114 Thanks....for me is nothing to worry.....
Much beter return compare saving money in the. Bank...
Furthermore all the tickets are free......
Buy low sell high......b4 virus ....
Take care averybody
30/11/2020 4:37 PM
Finance4114 Like supermax...rm 2...
No eye to see...
Now averybody talking.....late already...
30/11/2020 4:40 PM
AFIinvest buy more before late
30/11/2020 4:46 PM


APPS
I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
View Trading Signals and run Live Backtest
MQ Affiliate
Earn rewards with MQ Affiliate Program
 
 

516  569  598  781 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 AT 0.200.00 
 KANGER 0.18-0.005 
 SAPNRG 0.1150.00 
 HIAPTEK 0.28+0.025 
 TDM 0.305+0.04 
 VIVOCOM 1.16+0.15 
 BINTAI 0.82+0.025 
 HIAPTEK-WB 0.065+0.02 
 PPHB 1.12+0.185 
 BIOHLDG 0.31-0.005 

FEATURED POSTS

1. The Equity Market Index Benchmark in Malaysia CMS
2. Trading Scenarios of Derivatives Bursa Derivatives Education Series
3. Derivatives 101 Bursa Derivatives Education Series
4. Why Trade FKLI? Bursa Derivatives Education Series
5. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!
PARTNERS & BROKERS