Last last straw……if epf decided to cut their positions…all hell break loose.

Fuji, Kodak all downhill due to advancement of technology. Dun underestimate China…they improve leaps and bounds from all aspects. TG will be sitting on piles of cash but market shares definitely shedding away. Very cash rich with very low share price.

Stealth. You have your own thoughts hence not arguing with you. Just to point to you that ss can only queue at the offer and can’t lower price to sell the bid, that’s all.

Smyang11. I’m definitely not bullish on gloves counters. But cursing someone to die is a bit tastelessly uncalled for.

Smyang11. I’m definitely not bullish on gloves counters. But cursing someone to die is a bit tastelessly uncalled for.

Stealth. Your earlier post got some mistake. You calling to bid at the price but definitely not buying the offer. At the same time you challenge the shorties to sell to you??? RSS can only joint the offer and can’t sell the bid, that’s the rule. So end of the day, for eg you bid at rm3.12 and shorties offer at rm3.13…..forever stuck here???

Analysts give too high or too low kenna arrowed. Playing safe this time.

Mere mention of epf selling already got me banned in other gloves forum. Glove holders a bit too sensitive.

Big shareholder sold 158million shares!!!

I kenna yellow cards many times already just by stating some facts. Glovefinish you can take his hypothetical bet and buy back now at rm3.08…like that 1-0.

Stealth. I don’t know GF but I think his posts are deleted by admin.

If the admin keep flagging down negative comments, then without contrarians views, we won’t be learning anything.

Stealth…noted and glad you take it as constructive argument. We are all here to learn be it bull/bear market and learn from experience and try making some money.

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Stealth….relax bro. Nothing personal but I think market getting into you. If you hold, just don’t think so much about shorties. Don’t keep complaining nonstop. Bull market you don’t complain about shorties (GameStop) so bear market try to complain less.

Din know some of you so easily being manipulated or psyc. Buy/sell at own risks, don’t get too emotional or personal. Nobody point a gun at you to buy/sell.

Jonathan…thought JPM revised down to rm2.80??

https://m.facebook.com/NickFooSiWei/posts/jp-morgan-cut-top-glove-and-hartas-target-price-and-reiterate-its-underweight-ra/1732573903618869/

@adcool last I check still 52 weeks low so maybe those who cut losses at rm3.70 might wanna buy cheaper later. If price go down to JPM got got tp at rm2.80, maybe those who sold today might be not silly after all.

I don’t own TG shares so no need to take medicine. My friend initially bought 100000 TG shares at rm9 ,now waiting to buy back so maybe still make profit depending on his entry point. We are talking about same 100000 shares. Maybe at rm3 he can buy 300000 with the same initial capital. Oppsss…you bought at what level???

I got a friend who’s ‘expert’ in trading. He long TG @ rm9 keep asking me to buy. Met up with him last week, told me he cut loss at rm8, then buy back at rm7, cut loss at rm6, buy back at rm5. Last week cut loss at rm4. Don’t know how to calculate how much he lost.

Extraordinary 88….agreed with you that bursa not as advance as other bourses. We need RSS to provide liquidity. With higher volume, more fun to trade. But lots of glove holders start to blame rss day in day out. Just be cool headed and think for one second why did seller want to sell at this ‘cheap’ price?? Sellers are using same informations/tools as buyers.

As of 06/08/21…buyers/sellers agreed price at rm3.10 (settlement). Everyone agree glove companies are great and making profit….but classic eg of great companies with lots of cash with low share price.

Why must ban RSS??? Without RSS, price confirm higher??? Next time you buy share, check whether is it inside the rss list or not.

Dropped 70% a lot of people will die lor. You buy shares and hope for the price to go up, isn’t it??? Dropped from so high till rm3.20????

China infact improve leaps and bounds during these last 10 years. I’m sure they can improve on their end products.

Ryan…if 46b. How come the price keep dropping?? 46b given by the management??? TG and Harta expansion plans also on hold, right?? So frustrating price keep coming down.

If capacity only 25/30b in 2022 -2024??? You buy at rm3.20 thinking it’s cheap but seller also not naive selling at that price. You seeing what others not seeing. End of the day, market is always right based on current price.

Got flagged.

Dick 20…you mentioned price not dropping fast anymore….today or what? Past few months price yum ti yum ti dropped till now.

Pjseow…good write up. As I said, market is always right. It’s reflected on the daily closing. Buyers vs sellers different interpretations. You might be right when price go back up to rm8.50 but right now sellers are right.

During cny grandmothers also know meals at restaurants more expensive. Not trying to talk down glove prices, who knows maybe asp can shoot back to usd100.

Habisglove…initially I thought every front liner have to change glove to treat different patient. That’s why last year panick buying from all hospitals around the world it regardless of price. Just went for vaccination yesterday at MSU, front liner don’t have to change…just spray sanitizer to the glove. Demands definitely will be greater than previous years but supplies overwhelming them. End of the day, super cash rich companies with low share prices.

Pjseow…cny meal once a year(high asp)..glove asp can go up back to 100?? From rm20 dropped till rm3.50…how to explain??? Both buyers/sellers reading same informations.

Start of the bull….I’m bearish on glove…but you’re hard core fan so just to asked you load up to make you happy. I’m not confused.

Economy ‘should’ be opening up once vaccination rate hit 70%…maybe mid September Got to live together with this terrible virus. Glove companies are cash rich..good management….you can load up more.

Yes. ‘Cny’ for glove is over since last year.

As at 04/08/21…rm3.10 is the equilibrium price. Market is always right. Glove companies would have lots of cash in hand. Same as Chinese restaurants during cny, lots of cash. After cny, set menu price back to normal, crowds lesser. So lots of cash in hand doesn’t equate to higher share prices.

Glove counters super weak…need to bring them to gym and build strength.

Geary…hahaha. Triggered your nerve??? Keep holding. Cheering for you. My friends all exit at rm4.60…buying back around rm3.50.

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Cny set menu more expensive (asp)..after cny price dropped to previous prices (pre-pandemic). Restaurant operators lots of cash received. Lots of cash doesn’t mean share prices will increase. With extra cash, buying more restaurants (expanding more production lines)??? Other new comer also expanding (mashing)…supplies definitely overwhelmed demands.

Glove counters prices depending on covid cases???

Next time got RSS counters just don’t buy, simple as that. RSS been in the financial market for hundreds of years. Learn to deal with it.

You don’t see people wearing gloves on the street. With all new and old production lines, definitely supplies outweighs demands. On and off covid cases going up and down but vaccination rates around the world definitely going higher and higher.

Wait till you see epf unloading.