thanks Stockisnotfun.
i think last year stock prices goes up when announce mco is mainly due to global cases spikes, it is unusual that we have this level of global pandemic creates panic, and there is no sight of when vacinne is available which creates huge demand for gloves.
in my humble opinion, now is a bit different due to there is no longer sudden spikes of cases goes up (we all had been get used to see the daily numbers since last year), and we have a firm time when the vaccine will be avai.

implementing MCO doesn't means that demand of gloves will go up, only the perception that covid cases will go up.

Park the effectiveness of vaccine aside as i m not a medical expert who can comment on it, if the vaccine works even though not as good as it claims, but it still works at some point to curb the cases.
maybe i m wrong

I am not buying or shorting gloves stocks currently just standing at the sideline observing and learning.
can someone let me know if my logic sounds in layman term?
1. Covid case on a rising trend -> Demand for Gloves trending up -> Glove stocks up
2. MCO -> covid case (should be) lowered down/should be movin to a down trend or at least not moving as fast before -> demand for gloves (should be) decreases
3. Bad news on vacinne -> Vaccination rollout slower -> Covid case rises -> Demand for Gloves increases -> Glove stocks up
4. Good news on vacinne -> Vaccination rollout faster -> covid case lowered down -> demand for gloves decreases.

today our PM announced MCO & Positive News for Vaccinne, i m just wondering why the gloves stocks sentiment is positive?

wow.... close to 4% increase

Any idea when the next contract will be awarded? Waiting till neck also long dy

BILIS BILIS, now really 1.27/1.28

Still drop so much

bro Pavilion, your had mentioned that
"7. I expect a contract coming in next few days perhaps no more than 2/3wks."

2 weeks had passed, how likely would you think will happen?

making loss in this counter :(
really unexpected the price can go so low so fast so steep... park aside of bad emotion, i notice from the chart whenever the price go down it is accompanied by a large volume, very likely like VT899 said, it's a work by fund managers/whoever want to manipulate the share price so that can buy with cheaper price.
plus the directors are buying also every single day, it is a clear sign to me it will soon to rebound. i wonder when will be the bottom? when the price hits RM1 is the bottom? what do you think?

VT899, on your msg 19:07 -> human nature will never change, i.e. the market sentimental: fear, hope, greed and panic.
history will repeat.

... and the rest i m too lazy to type.

happy weekend

VT899, in your msg 17:36
1. "In the ocean, ...price will up. " if you refer to the daily market participation (any day), the figures are self-explanatory.
2. "But, now those... better price..." i m think you must be quite sure about it. i m not suprised if it is true, this is how to big fish buy with cheap prices
3. "Do you think ..., trust and demand... " my view remain as same, no director rich enough to hold the price (and stupid enough) to put their money at stakes. they are more cost effective ways to do it.
4. "Yet, all small... luck!" i am kindda hope this is true that big fish eat too much and holding most of the shares, meaning they can now push up the prices easily and sell it later with higher prices (distribute to the weak hands). so far, the push up has not appear yet.

johnnyccs, i am also asking the same question: when will the big fish buy enough of the stock? until then we will only see prices ups and downs (consolidating) within range ... so boring...

the push up phase will follow after accumulation. the question is: when they will finish accumulating?

If they had control majority of the shares,they don't worry at all... all they need to do is push up prices slowly at first (it will takes some time to attract ikan bilis buyer), then become more drastic (this is the time when ikan bilis go in with greed, and big fish start selling). it is the same cycle happen again and again in the past, present, and future.

Imho, the roadblock now is 1.52. need to see the candle closes above 1.52 to trigger the up move. Next is 1.56.
i am confident it will breakthrough this levels, with the simple logic: big fish won't pay Fake IDs to say bad things to push down price so they can sell with a bad price.

From my observation, this morning the share open gap up, very likely cause by big fish woth the intention to test the market, to see if the ikan bilis follow n buy or sell? From the test it seems no one continue to push up prices , so they punch it back down again to test again. This time volume slightly increased (selling), ikan bilis are selling, the big fish is then now go in and accumulate more from those who sell.
Just my 0.02 cents

Spectre888, imho, i think it is not that easy. Big fish won't push up unless they have accumulated a large portion of shares to make more money and also to gain control. Otherwise, if they push up already but those small ikan bilis start selling then will make the price push up takes much more effort.
In my opinion , the question is, how much more stock they want to accumulate?
Just my 0.02 cents.

I am still holding my position in this share. Imho, If really CBB buy just to restore investor's confidence, i will think that it is not a good idea, due to like vt899 said, how rich can a director to buy to hold up the price? If they want to push up the price can do it in more cost effective ways (such as put up positive news, or even rumours etc... ). I m sure a director know what are the things can be done without fork out and burn his own hard earned money.
RHB now revised the tp to 1.8. Sounds to me like the big fish are close to accumulating (i highly suspect accumulation in the past few weeks, thanks to all the fake IDs driving the fear emotion) the stock n begin to push up the prices (and earn money).
But of course, the big fish can put up positive news to push prices so that they can sell in a good price, but thanks to the fake IDs again, confirming that it is accumulation. I.e. who will pay someone say bad things about a stock to push down prices when they wanted to sell?

Just my 0.02 cents

agree with hevea1234, charts won't lie, no matter what the fake IDs had posted in the forum

by just looking from the chart, i suspect someone is collecting the stock at 1.48 level.
also, please notice that CBB is buying a lot of the stock in the past few days. he buy at 1.48 on 11Jan, and even more on 12Jan at 1.471.
to me it seems like a clear sign the big fish are accumulating the stocks here.

if you put yourself in their shoes, of course the big fish wants to shake the small ikan bilis off to have more control of the shares before they push up the prices, that's why so many fake IDs are doing it here.

Imho, today's low 1.48 coincide with short term fib 0.38 level (technical retracement of a trend). If tomorrow price break above 1.56 will continue go up to 1.60 and taking a pause on that level. At this moment i am still bullish with this stock. there is alot of reason why a director sell their stock (if the portion is small), not necessarily must because of foresee this stock will go down.
Just my 0.02 cents

I only trust my analysis, and my analysis indicates a good sign for this stock. Later When this stock went up high enough and we look back past 3 weeks all the clowns 'action' , we will all learn something from here to make a better decision in future.

concur with Spectre88, IMHO today is just the big boys testing if there is any selling before they push up again. so far the market responded quite well (no selling pressure). shall see rebound soon.
just my 0.2 cents

one more thing, CBB bought at 1.385.
if we look carefully, today this share would have been down if there is no sharp rebound from 1.36 with significant volume, and possibly this is contributed not only by CBB, 'someone' is buying as well, and the volume is not small.
just my 0.2 cents

imho, there can be alot of reason why director sell the shares, but there is only one reason they buy - of course to make money, and now they buy again for two consecutive days.
from the my charts analysis i can see support/buyers coming in, it is a good sign.
the above two are facts, i.e. directors buying record and charts won't lie.

please make your own judgement based on facts, not opinion from anyone else without solid proof/facts.

buyers coming in at 1.37 level. Also the directors are buying again!

spot on xmas!
Buyers coming in at 1.37 level.

Glad to see 'Bryanoo' actively comment again after i gave my comment earlier today :)
to all the genuine investors here, please drop a comment too if you want to see your 'clone' in action and see what comment they will come up with.

IMHO, by looking at today's volume shows good sign now, the selling is drying up. shall see up move soon.
i hope the GENUINE investor's here can look at the facts and make your own analysis independently, don't get influence by others simply asking you to sell without any solid facts.

Hi Shafi Awong, similar case like me, i gave my opinion why i m still holding the stock ytd but this morning some one use this name 'bryanoo' and ask other people to dump their shares...
i wonder what comes next.

i m still holding this counter because i think something is going on in the background.
RHB tp 1.50 there is only 2 possibility:
1. The price overvalued (time to sell) or
2. The writer simply get paid to encourage retail traders to sell their shares at 1.50 (well, you know who will absorb the shares)

Imho, the possibility of 2 is much higher because
1. seems like 'someone' is purposely pushed down below 1.68 level
(if the SM really wants to sell, of course they wants the price as high as possible, to sell as slow as possible so that won't be so obvious to the retail. On 15 Dec, the price pushed down so much so fast, looks like someone did it purposely. to do that, SM just have to make it obvious sell a big volume at one go to push down and to cause a panic to the retail traders, the price will slowly move down as the retail panic for the SM to buy back later).
2. seems like SM is 're-accumulating' the shares since it break the 1.4 level back then (and if they really dump a big volume of shares at 1.68 level on 15 Dec, now it is the time for them to buy back at a discount)
3. most importantly, why directors buy at RHB tp 1.50 level? doesn't it looks like the writers encouraging traders to sell to the 'smart money' so that they can get paid?
4. No signs of strong weakness in the background as far as i can see in the chart, so i assume the mid/long term up trend is still intact.
5.... etc etc... (lazy to type)

it may not be the good counter to hold in the short run due to the price is still being pushed down for the 're-accumulation' in the short term, but in the mid/long run, i think it will fly. We can make our own independent decision depends on our own invest/trading style, so if you can't hold, i think is better to sell and buy back later when the price starts rebound.
in the short run, i think the next candle (next Monday) will be the important candle to see if 1.50 level can hold.

just my 0.002 cents

Imho, seems like someone is re-accumulating the shares (since the price break the significant 1.4 level back in early oct). I wonder when they will finish re-accumulation, wait until neck also long dy.

hi imoogi99, thanks for the good explaination. Does that mean the stock will go down on Monday onwards due to force selling on T4? What does that means to the market?

terminator88, I suggest you don't attend to any noise here and make your own independent decision whether to buy or sell a stock. We need to have our own trading/investment plan and know exactly why we buying/selling (not just based on other people say so).
Otherwise if we buy solely based on listening to other people maybe can be lucky for once or twice, but may not be lucky all the times. Trade/Invest with caution consider the worst case and always protect yourself from the risk.
Just my 0.002cents

The Board of Directors of Datasonic is pleased to announce that DTSB has on 15 December 2015 accepted the LOA dated 15 December 2015 from KDN for the supply of the Malaysian Passport Chips (“Contract”) for a period of five (5) years or 12.5 million of Passport Chips commencing from 1 December 2016 to 30 November 2021 for a contract sum of RM318,750,000.00.

hou seh liao!

i am just sharing the facts, and by the way i am not that hardworking to look into detail of the company, i am just looking at charts ;)
i feel kinda good thing actually if today close with such low volume. Looking at the past 6 months trend, a big bullish candle will follow after this counter close with such low volume (for example, July 21st). i couldn't explain why but hopefully it will be the same this time.

this counter is so quiet this morning, wonder when will the big guys will start to come

1 more hour left before trading close for today. Volume is still low up until now...

imho, the price has to close above 1.66 for the next wave, hope for the best! :)

today volume is relatively low, is good for accumulation.

hmm... feel kindda weird... even though good news has out but the price gone down a lil and the volume is lower than yesterday (less interest compared to yesterday)... i really puzzle...
What you guys think?

Pavilion2: It is certain that the big sharks are manipulating the market to gain profit. But i just can't make sense of it how they going to do that by observing the price movement lately. What do you think?

looks like this stock is highly manipulated now by the big players, hope can get some good news soon

when will announce Q result?