The Greatec ca is moving up fast. Earlier on 18 cents and now quoting 20 cents..... up 11%
Is an interesting instrument to invest

Looks like there is going to be a CNY Bursa rally. Hold back if you intend to cash out. You get better prices next two weeks. Kong Xi Fa Cai to all.

Mother share likely to hit RM7.50 soon. With that CA will go up to 30 cents which is 50% increase from 20 cents now. This is quick profit!!

The glove rally has just started. Have a happy trading day.

Keep your glove stocks for another 3 months and you get better prices.

I m very sure all those who have been shorting in the glove sector are peeing in their trousers now. They have one more day to pee ( tomorrow, Sunday). Who has the last laugh here?

Very soon JP Morgan will have to eat their write--up on TG and the local glove sector. Who has the last laugh?

I m very sure the big 4 glove companies are seeking help to fend off the short sellers. Tbey shld have no problem getting help as they have the means to pay for such services.

I m very sure many of us love to see those short sellers getting burnt.

Hopefully we start to see the tables turned against the short sellers tomorrow.

The short sellers in GameStop ( US) were burnt beyond recognition. It was in the news 2 days ago.

If you understand the true worth of gloves shares incl Comfort then it does not make sense to sell at this price. The prices of glove companies you see now are " not true market prices" but " manipulated prices". The short sellers have sold their shares and they have to cover their positions by buying back their shares. To make profit from the sale of their shares they have to buy back at lower prices. To buy back at lower prices they are forcing the prices down and this is precisely what we are seeing now.

Of course if there are syndicates who can push up the share prices then those short sellers have to buy back at higher prices and they lose money.

Now the question is: are the buying forces stronger than the short sellers. If the former is stronger than the latter then the short sellers are going to have a tough time covering their positions.

We can take comfort from the fact that once the short sellers have covered their positions, the share prices will go back to its "normal market prices".

Of course the greedy short sellers may buy more than they need and with the excess they are likely to call a strong buy on the stocks and they push it up to sell. This is the time when you can ride on them to sell.

End of the day stock market investment is all about holding power. If you can sit it out with the manipulators, you will be fine.

If you know what you are in for, you can still sit around and sip your coffee AND realise your profit when the time comes.

Once it breaks the RM6 level, the next target level is RM7.50. I strongly believe it will hit that target within 3 months.

Keep it close to your hearr.

There is a good chance Comfort issues bonus shares when the results are announced next month.

You are spot on, Wannyin. Its almost there now.

Tks Jeju88. Stock market investing is my hobby and i love to share my " stock market stories" from time to time just to entertain our fellow investors here.
By doing this it keeps my brain cells active and i believe it is good for my health..

Have an exciting day in the market.

I m glad that i spotted and bought into Greatec in Jan 2020 when it was only RM2.75. It has turned out to be one of the best performing companies in Bursa in 2020. The mgt knows very well what they are doing and they are very hungry for success. The company has an enviable list of respectable corporate shareholders which lends credibility to the company as a whole.

I strongly believe my modest investment in Greatec a year ago will continue to grow and pay for my living ecpenses for the next 5-6 years.

Before ex-bonus the price waa RM9.50 or RM9.60 if i remember correctly

https://www.wbrc.com/2021/01/22/hospitals-seeing-shortages-gloves/

This report should have positive effect on the glove sector. We shld see better glove stock prices next week.

JP Morgan now paying the price.

https://amp.theguardian.com/business/2020/sep/29/jpmorgan-chase-admits-spoofing-us-market-manipulation-pay-920m

Glory days for glove counters will be back soon

Many investors believe in what JPM wrote on declining demand for gloves. Let it be. Don't lose sleep over this. With another 5 qtrs of consecutive increases in profits, surely the investors wld realise that the pic painted was grossly incorrect.

Surely Top Glove knows what they are doing before increasing their production capacity to 91 bil units
per annum..

It would help to keep their share prices up if glove companies offer both bonus shares plus improved dividends at this crucial time.

Be patient and you will be rewarded.

Last round the support was RM2.80 and it shot up to abt RM3.76.
This round the support is likely to be RM3.00 and it is likely to hit RM4.00 before the qyrly results are released which will be within next 4 weeks.

Maybe bonus issue coming up for Comfort?

JPM must have bought all that they wanted and the prices have hit the bottom. Glove prices are now recovering. Started to go up again.

JPM wrote the report to bring the glove shares down. After buying at low prices they now push it up to window dress it. The price likely to go up today and tomorrow. So they look good. Clever? Those who sell are people who are not confident in what they are buying into.

Investment Banks have to keep TG price low until 31st Dec otherwise they will lose alot of money.

Once they lift the cap, TG price will go up and the other glove counters will follow suit.

We are likely to see glove counters going up again next week. Just wait for a few more days.

There will be global shortage of rubber gloves beyond March 2022. Profit of glove companies will continue to go up until at least until then.
Hope all JPM's clients have sold all their shares in glove companies......
So that they will buy back the shares at higher prices later on.

Many investors are starting to switch back to glove stocks. Shld jump when the bell rings at 9.00am!!

Hope all who believed in JPM's report sell their shares in Comfort now..... and surely they will come back later and buy back at higher prices.

I can sense it is on the way up. Trading volume of 3 million in less than 1 hr is pretty big for Comfort. Watch out, bros. Good time is back. Have a happy day.

Improving profitability over next 2 qyrs will speak for the glove counters. Most of the sellers now are JPM's clients.

It looks like the JPM report is going to be flushed into the toilet!! Have a profitable day.

There appears to be an aggressive buyer for Comfort shares now. Likely to close 3.40-3.45 today.

The profit for the last qtr was abt RM90 mil. The profit for the next 2 qtrs is likely to be higher than RM95 million per qtr. This is juicy story to many fund managers.

To survive in the market you must be steel-hearted and know what you are buying into..... then only you can sleep well. I am not surprised many punters did not sleep at all last night. Uncle Koon's rebuttals shld help many to think straight. Well well well, many have learnt to be a better stock market investors.

If all the glove counters can keep their prices in the positive zone for the next few days, then JP Morgan will have to either " eat" their own report or flush it down the toilet.

Uncle Koon's rebuttals made the JP Morgan's report looked amateurish and " quite stupid". Their analysts shld join this chat group to learn from the analysts here. What say you, bros?

Comfort up 3.7% now. Very soon it will be RM4 again. Have a happy day.

It is a good trading stock as it is supported by strong fundamentals. Its current PE multiple is so attractively low and with expected improved profitability in the next two qtrs, its price is not likely to fall much further. It is likely to recover very fast. Don't lose sleep over this.

The volatility of this stock creates the excitement.

RM4 is only a whisker away. One more push before 4.30pm and we are home.

TGlove's next qyrly profit likely to exceed RM2 bil. This will have spillover effects on the prices of other glove counters invl Comfort.
Sure everybody here will be laughing all the way to the bank.

Good chance it will hit RM4 today.

I m not at all surprised if it touches RM4.00 by this Friday. The syndicate has collected enough and they are pushing up to sell.

I told you so. Comfort will come back.

Vaccines or no vaccines and whether effective or not effective, the bottom line is the demand for gloves will continue to grow. So for the next 1-2 years the increase in demand gor gloves shld be quite significant.

Syndicate collecting Comfort shares at this level. Good time to collect.

It is so obvious that a syndicate is collecting Comfort shares at low prices. Once he is done he will push the prices up to sell. This is only a waiting game. Haha!