Not closed yet but so far AA has been quite impressive - holding up well in the face of heavy profit taking on Friday. If this is the best the sellers can do on a Friday, buyers will show them what buyers can do on Monday!

I am not sure where the ringgit will go to over the next few months but it has been getting stronger recently and that is not good for exporters. If 3.80 really happens, what price do you think Supermax will fall to? I think investors with Supermax or those thinking of buying Supermax deserve to know about this concern so that they can make the best decision for themselves. Keep eye on big picture.

Today profit taking in afternoon session to be expected. AA really had a fantastic jump this week, many people want to sleep well over the weekend. Hope the selling is exhausted and well absorbed so that next week the price can go up further !!!

2.60 is low on a fundamental basis but it is may not be too low on a tactical basis if the macro picture stays weak for gloves.

aiyoh! Hehe

That would be good news if true. Share overhang over, then AA will really fly. You heard from where?

It may be a Friday but AA might surprise you by rising further today.

The One, please continue to share you view, as long as it is your honest view of the company. When someone reads this thread, they hope to get both the positive and negative views so that they can make an informed and hopefully correct decision what to do with Supermax. However, for me I still think it is a big picture problem instead of Supermax's problems. Like I pointed out before, many exporters have fallen as much if not more than Supermax too.

Many other exporters dropped as much if not more than Supermax. It is a big picture problem.

Yuan at 3 week high, ringgit stronger at 4.1250. There will be profit taking as it is Friday but it could be well absorbed by buyers. Re-rating not over.

Many take profit ok, as long as buyers keep coming out. AA might surprise even on a Friday.

If you are long term then no worries, at these levels you can consider to slowly buy on the way down and keep. The price has fallen a lot already. If you are a trader then maybe you should still be careful as the macro picture for exporters is quite negative now. However, the macro picture can change very quickly. If you are aggressive and tactical, then your investments must also change quickly when big picture changes. Now macro picture quite negative for exporters but next week, next month who knows what will happen. Most important is to keep eye on big picture. Don't miss the forest for the trees.

regional markets opened shaky but now almost unchanged. KLCI index also inching up. Got chance AA will move up higher this afternoon even though Friday. Don't underestimate its re-rating, it has been a laggard for a long time.

After a very minor uptick this morning, prices of gloves stocks under pressure again. Based on big picture, money going to other sectors instead. People still holding will probably sell into any rebound for now. Traders should be careful.

Remember that the stock is very under owned by institutional funds because of the big profit losses (mainly due to forex) previously and bad news. If funds start to come back even in a small way, AA has a lot of room for upside. Any profit taking may be short and brief. Hope for the best!

1.72! Good break through. More upside today.

Wah 1.71, can sustain?

Yes, big resistance at 1.70. If can break would be very good signal.

Read reasons to buy, read reasons to sell, do your own research and make up your own mind whether buy, hold or sell.

Keep eye on big picture. Macro picture quite negative for exporters for now. The action is elsewhere and money is flowing to other sectors. Long term fundamentals still good; but short term be careful.

Supermax and many exporters fell recently. They are probably oversold and will try to rebound soon but any rebound likely to be mild and short lived because money is flowing to other sectors instead. Keep eye on big picture. Traders should be careful.

Good morning guys! Dow managed to close up again and ringgit this morning at 4.1272, Should be good for sentiment on AA this morning. Also, EPF announced it bought another 2.6m AA shares on Monday, 29th. However, today is Friday so there could be more profit taking too. Hope for the best!

Yes, keep eye on big picture. See where the money is going to. Macro factors are quite negative for the glove sector in the short term.

Usually yes but in this case, 1,000 shares may not be big enough for anyone to take it seriously yet.

Of course. If you look at the big picture, it suggests money will go there for now. I think it is a good idea but nothing is sure, just hope for the best.

There is a slight pull back in the market and regional bourses. AA close at 1.68 ok already.

Supermax down another 3 sen today. Not surprising. Although fundamentals good but sentiment on sector is weak. Short term risky. Traders should be careful.

wah big fight at 1.70. Have to be patient, need to clear out the sellers first.

Wah, so many sellers at 1.70. Should we be worried? Don't think so.

Yah I read it I also blur at first. hehe

Keep eye on big picture, it is quite negative.

Maybe true but they may have trapped themselves as not easy to push back up if macro picture stays negative.

Macro picture is a lot more than just local market sentiment eg US interest rate outlook, maybe more stimulus from ECB next week, ringgit outlook, oil, money flow now in big cap and index linked counters etc etc.

The big picture now not very positive for exporters, but good for importers, and borrowers!

Ringgit at 4.1286! Looks like it could be another interesting afternoon session for AA. Don't overtrade and miss the plane.

Yes, macro picture can change very quickly, that is why always need to keep eye on big picture. For more aggressive investors, if macro change, we need to change our investments too. For many weeks already it has been correct to take profit on the glove sector because its big picture is weak.

As said before, investors need to keep eye on the big picture. Ringgit stronger and foreigners buying bigger cap stocks. Money moving out of exporters and sector outlook for gloves weak for now. In the near term, any rebound on Supermax likely to be short lived.

The stock very underweighted by institutional funds previously because of losses and bad news. If these funds start to come back because of good recent results and stronger ringgit, then AA has a lot of upside room to go. I suspect any profit taking will be mild and brief. Don't miss the plane.

1.69!

Don't miss the plane. The stock is a massive laggard. A lot of catching up to do, I hope. Hehe

Keep eye on big picture. Foreigners in market, action in big caps. Only if market rises further then money will rotate to small caps and then to gloves. Have to wait and see how. So for now, any rebound on Supermax most likely will be short lived.

Rally too early to be over. Any profit taking will be mild and brief only, I hope.

Don't miss the boat or rather the plane.

Ok to be wrong, it is part of the stock market. Most important is to recognize when wrong and take corrective action quickly.

Don't miss the boat.

Intra day movements impossible to predict. With good recent results and strong ringgit, looks like rally not over. Don't over trade and miss the boat.

I suspect any profit taking mild and brief only. Careful miss the boat.

AA has a lot of US dollar loans. Also, a lot of its cost is in US$

ringgit at 4.1331 this morning. On your mark, get set, GO!!!....

US markets closed higher and that is impressive given the strong jump on Tuesday. Looks like Bursa will have another good day today - probably more action on big caps again. On Supermax, I think it will look for a chance to rebound but sentiment on the sector is still weak. So traders on the stock should be careful for now.