Need to monitor macro trend very closely. Will be interesting to see if the sharp rise in Nikkei today and the China market holding up better than expected can sustain in next few days.

Supermax up 2.5% to 2.86. Not too bad. If stock price stabilize further tomorrow, then maybe it can position for a strong rebound soon. Many research houses have upgraded the stock recently. I hope results will be good. However, keep eye on the macro trends eg Fed rate outlook, oil prices, ringgit strength.

No one knows. All that can be honestly said is that Supermax is very cheap at this levels.

Valuation cheap but keep eye on macro trends.

Don't try to time it too much, continue to slowly buy at these levels. Price has fallen a fair bit already and results will be out soon. Today's markets also Ok.

Current levels good to slowly buy. Just keep eye on macro trends.

Keep eye on macro trends guys. Recently stock moved not due to stock fundamentals but market issues.

Been catching up with my readings after CNY holidays. Continue to be worried about market. Keep eye on global macro trends as they are quite worrying and can overwhelm stock fundamentals for now.

I have high conviction that Supermax is a strong buy based on its fundamentals. However, my main worry is the market. Must monitor global markets and central banks closely.

I am back! Phew! Heavy traffic from Penang to KL. Supermax at 2.79, That's disappointing but not unexpected since market risks continues to be negative in short term. I am not a trader but clearly short term players should be cautious. Difficult to get short term predictions correct often enough to make money. For longer term, valuation has become more compelling and Supermax will report earnings soon which should be good, However, the market is a bit worrying..If got holding power, best to buy slowly on the way down.

Aiyoh no lah. Was in Penang for CNY. Now on way back at Tapah. So many people! Supermax good value but I still worry about market risks. Stay focused on big picture. What is a few sen difference in the longer term?

Superman cheap and going to report strong earnings but I worry about market risks.

Hope you are right but outlook has got a few moving parts. Supermax cheap and going to report good earnings but ringgit volatile and global markets weak. So there isn't much visibility on how Supermax is likely to do in near term. Hope for the best!

Alpha Trader, you are not worried about the oil and ringgit direction?

Supermax, Hartalega and Top Glove held up quite well, down 2% compared with Kossan which was down 7%. There have been big swings in oil and ringgit recently and many people do not want to have to worry about their stocks over the CNY holidays next Mon and Tues. Keep eye on the big picture and don't over react to every small movement every day. We are here for the big fish. Have a good CNY holidays!

Don't worry about noises. Keep eye on big picture.

Keep eye on big picture. Don't miss the forest for the trees.

Eric Teh, good to understand short term drivers but still invest for longer term. Must recognize trees so that you can differentiate from forest eg don't miss the forest for the trees.

Not too bad but still got selling pressure. So upside may be limited for now. Once selling pressure dries up, the rebound could be very fast. No opportunity to catch. Buy slowly when valuation is attractive. Make sure you are there when rebound comes. Don't miss the forest for the trees.

Lets others worry about the one sen or two sen. We are here for the big fish.

Oil prices eased a bit last night. Ringgit could be a bit more stable this morning. Short term directon of Supermax uncertain as oil and ringgit could bounce around for a while .In these uncertain markets, best to keep eye on the bigger picture and let others worry about the day-to-day movements. Earnings coming up soon and should be good. Valuation still cheap. Have conviction and hope for the best!

Supermax down to 2.97. This is to be expected as the ringgit was strong today, up 1.74% to 4.1453. Actually the impact of the ringgit is not that big on the earnings of glove producers. Therefore, the close relationship of glove stock prices to the ringgit movements is actually a bit surprising. Because oil prices is so volatile, the near term outlook for Supermax is difficult to predict. However, longer term investors should keep their eye on the big picture. Did you buy the stock for the forex gain? Is valuation now cheap or expensive? Don't miss the forest for the trees.

If no holding power, can't be helped, then start small and slowly build up. No other way. Don't be impatient, start young. In the stock market, time is your friend. .

Short term is difficult to predict and that is why some people are missing some days when Supermax is up but will suddenly appear when stock is down.

Also, what is the big worry with a small correction? In the longer term, target price is 3.80 to 5.00. Could be higher even I think. Let others jump up and down when the price moves up one day and down the next day. We keep eye on the big picture instead. Don't miss the forest for the trees.

Gloves holding up reasonably well despite much stronger ringgit. That is a good sign. Hope afternoon will recover further.

Relax, we are here to make money, don't get distracted by noises. As expected ringgit not stable yet, it opened stronger by 1.26% to 4.1625. I suspect some expected this to happen and that was the reason for the persistent selling we saw yesterday on glove stocks. Gloves will open weak this morning. Don't worry too much on the day-to-day fluctuations. Stay focused on the longer term fundamentals. Supermax should be reporting earnings later this month and should be another strong quarter. Hope for the best!

Supermax closed down 3 sen to 3.06. A bit disappointing. There was persistent selling for most of the day but fortunately there was some buying support at lower levels. The selling does not seem to be over yet and this may limit the upside for now. No choice, have to be patient and hope for the best.

Day trading not easy, especially when ringgit and market so volatile.

ringgit weakened further by 0.76% this morning to 4.2405. Although weaker ringgit is good for exporters, ringgit is not yet stable and can swing either way. Overall market also uncertain in near term. Therefore people are not buying to hold but just to trade and hope to make a quick buck. However, once ringgit and market stabilize, glove stocks could rebound fast. So longer term investors should continue to have conviction, keep eye on fundamentals, be patient and hope for the best!

US markets down sharply overnight after oil prices plunged another 5% for a second straight day. The sharp reversal from last week's oil price rally is likely to boost sentiment on glove stocks again this morning. Have conviction and stay focused on the longer term fundamentals. Hope for the best!

Ringgit today weakened but may not have stabilized. Oil prices one day up, one day down. Therefore, many people just going in for a trade, dare not hold for long.

No comment. I learnt after a while whose comments to read and consider and who to ignore as noise on this forum.

Wow! ringgit weakens by 1.23% to 4.2125. These days the swings are so wild. In these volatile markets, very difficult to trade intra-day or contra. You will either miss the rebound or sell too early. We are here for the big fish, so have conviction and stay focused on longer term fundamentals.

02/02/2016 13:00

Hope no one fell victim to those spreading fear recently. Hope everyone bought back some when prices fell sharply last few days and now adding a little more. Don't know tomorrow up or down, no one knows, but stay focused on the longer term fundamentals.

Supermax is the leader, started rising 2% last Friday already. Others now only following. hehe

Ringgit opened this morning at 4.1900, weaker by 0.68%. But a lot of moving parts, not sure ringgit stabilized already, can still be volatile short term. Focus on longer term fundamentals of Top Glove.

Ringgit opened this morning at 4.1750, weaker by 0.32%. But a lot of moving parts, not sure ringgit stabilized already, can still be volatile short term. Focus on longer term fundamentals of Supermax.

Ringgit opened weaker than went back to unchanged, now weakened 0.33% again to 4.1615. It shows ringgit not stable yet. Once it stabilizes, it will help sentiment on glove stocks.

Make some money, lose some money, end of day maybe sitting on paper loss - that is the risks of being a trader, short term movements not easy to predict. Stay focused on the longer term fundamentals if you got holding power. Supermax was a buy from a very much lower level. You should be sitting on very good profits at 3.50, hopefully you locked in some profit when market looked risky recently, and now you should be looking to buy back some at much lower price. Also, need to hope for the best! Hehe

01/02/2016 17:02

ringgit weaker this morning by 0.41% to 4.1652. Ringgit has strengthened a lot recently and that has partly caused the panic selling on exporters such as gloves. Once ringgit stabilizes, that should help the glove stocks bottom out and rebound.

Bursa closed today but forex market opened. Ringgit opened weaker by 0.36% to 4.1628. Not sure how ringgit will move in future but it has strengthened a lot recent and once it stabilizes, may help glove stocks to rebound.

Oh I see, thanks The One.

weng 77, agree with you. Read your comments on Top Glove too.
leevolutiOn91, what is a i3 troller?

It is unlikely the research houses are all wrong. Stay focused on the fundamentals.

31/01/2016 20:57

Yes I agree good results coming. That should be another good reason for a good rebound. Hope for the best! He he

Not sure this is the bottom and no one knows. Short term traders will try to time it exactly at the bottom because they can't hoid. Longer term investors don't have to take that risk as you might miss the rebound. Fundamentally it is time to start looking at buying some for the longer term.

Weaker ringgit is not a big part of earnings. Growth is mainly coming from continued global demand, higher capacity from new lines and higher margins from improved efficiency. Supermax was attractive even before the recent sell down. Now it is even more attractive. Not sure this is exactly the bottom, no one knows. What is clear is that Supermax has fallen to very interesting levels for longer term investors.

Be careful about those who are trying to frighten and spread fear. Maybe they have not bought and want to buy first. Fundamentally, share price of Supermax has fallen to attractive levels for longer term investors.

30/01/2016 23:30

Supermax closed up 2%. Not too bad. Selling pressure may not be over but difficult to time it at the bottom exactly. Valuation is very cheap and once ringgit and market stabilizes, glove stocks could rebound fast. If you raised some cash recently, it could be time to slowly look at buying back some. Hope for the best!

Don't be greedy and try to time it right at the top and bottom, very difficult to do so. Some of those who wants you to wait for their signal wants to buy first and then ask you to push it up for them. Fundamentally Supermax good and valuation cheap. CiMB has a target price of RM5.00 and RHB of RM4.50. Price has fallen to very interesting levels. Longer term investors should consider buying slowly.