@lecter, at this price, not to worry. Just paid a small premium

https://www.theedgemarkets.com/article/margma-says-glove-demand-expected-continue-being-robust-until-2q2022

TP $50 given by IBs n share started falling. Why so coincidence?

I will also got panicked if I bought at this high price. As it is, price started to crash n hope it's just profit taking

Is privatisation still on or aborted?

Gloves are not only used by healthcare industry, but also by food,, manufacturing, cleaning n airline sectors etc. too
So there's a vast market for gloves actually especially during this pandemic

Why so BIG price different between nylex n ancom

How good are they in analysing values of glove companies, I wonder. Can we continue to trust their views n TP given.

This proved that TP given by IBs can only be taken with a pinch of salt

Just imagine, the above TP by IBs in May n just a matter of few months later, they sang a different tune. Can IBs be trusted

May 30, 2021 3:19 PM |

1. Nomura RM 8.39
2. BIMB RM 7.30
3. Kenanga RM 6.80
4. AffinHwang RM 7.40
5. RHB RM 6.60
6. TA RM 6.07

A great bargain if it goes to ipo price. Irresistible not to buy

Cekd in oversold position. Can start buying now. After all a small 5¢ premium over its ipo.

Start accumulating, can't afford to wait n see it goes up again.

The higher it goes, the greater it falls. Hope not this counter.

It should go up from from now. Oversold already

If I am am an employee n managed to get esos at 1.37, I will immediately sell it for instant profit. Just imagine what kind of investment is better than this. Make an instant profit of about ,35k

It had exploded once one or less than two months ago. Now go back into extinction again.

@niet o I see, thanks for sharing

I still can't understand how shortists can press down prices. Anyone can explain

Latest price of ramssol is around 89¢

U are not paying a high premium over the ipo price so at this price, it's ok. I regretted for not buying ramssol on the first day of listing when price was below 70¢. Look at the price now. Above 90¢

Just 5¢ above ipo is cheap since one also can't get during the balloting

Profit taking??

Hope for oil prices to surge

Today should close green

Mind u,!! This ipo is oversubscribed by more than 130 times, wow!! Not easy to get.

MM, Supermx pre pandemic FY 2019

Cash : Nett debt 250 million
Capacity : 22 billion p.a
Nett margin 8.5 %
PAT : 124.Millions
Business model : OEM 30 % , many.middlemen like dealers , agents ,

FY2021
Cash : Nett cash 3.5 billions
Capacity : 36 billions
Nett Margin : 55 %
PAT : 3815 millions
Business model.: OEM.2 % , no middlemen like agents and dealers , 58.% sell direct to.final customers and 40 % to independent.distributors.

There is a world of difference

No one can predict the future not even the bosses themselves. But one think is for sure, prepandemic superman n post pandemic superman are vast different apart in terms of cash holding, capacity, earnings n profit strategy.

@paktua, tapa la, u dah buat duit banyak dari kaunter ni. No regret la

Tan sri is a genuine businessman. He do walk the talk unlike others who only make empty promises to swindle investor's money by signing mou after mou n later no more news

Can the next privatisation candidate be suria another port operator?

Why keep dropping

Insider news??

But trade done at 1.88 now?

How accurate are the info

News out anytime

@karlos, That's had been going on for umpteen years

How many working class people willing to take day off from their work just to attend AGM

I am sure many of the investors are retirees n only they have the time to attend all these meetings. So door gifts is one way of encouraging them

If no door gifts, then how to have good attendance

Everyone likes freebies, let's face it. Who don't want

What is door gifts compared with the vote go thru?

Too looooooooooooooooooooooooooooong pressed down. Yes price reversal has to come.

If there's sudden reversal of share prices, then something is not right

But share price movements should give some indication of whether the going is good or not

Should know some results by now, I think

Good news coming

Good to hear that

Will it drop to ipo price. That will be a real bargain. For those who were not successful in ipo, can buy