Posted by thetrueinvestor > Aug 12, 2020 5:42 PM | Report Abuse

i hope russian get 2nd wave, spread virus dao niama cannot recognise and drop into recession
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Like i said, WWZ film is about a failed vaccine and turns very ugly. Zombiee is a menifestation of more death. Russian should not produce the vaccine prematurely without proper testing. Very dangerous.

However, imho..severe damaged has occured to many 2nd liners such as Comfort, Carepls, Rubberex, HLT including Notion. It will be very2 hard for them to make a comeback unless the Big 4 come back super strongly ex. TG go up to rm40. then we may see these 2nd liners going to break their high.

Just imagine Comfort recent high of rm7.28 and now just at rm4.03. Very long journey to get back there for those who still holding at the top.

Always try to set cut loss price to protect the capital ! There are always opportunities to come back later !
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That's a lesson that need to be learn. Now we're talking abt when the paper loss is to huge to swallow.. maybe 50%-60% of the capital. CL setting usually around 5%-10% of your capital. Some even lower.

From i see it, this is not a free falling situation. There will be a period of rebounce (correction from oversold). I think Notion already fall heavily for 3 or 4 consecutive days..it should made a rebounce soon..imho

If the loss is too much to bear usually i will just hold it until it rebounce to the level where I can accept it. I will not follow advice from others. They can simply say CL becoz it is not their money.

But you probably need to hold it for a very long time. Luckily Notion they are not only mask or gloves producer. Their main business still on tech. You can still banking on the tech play later.

There is possibility gloves counter still going down tomorrow. Some will CL with the intention to buy later at cheaper price. nothing wrong with that. Sometimes it can be the best decision. Sometimes not.

Very difficult decision to make. I fully understand that..been through this kind of situation before.

Vaccine without proper testing procedure won't be allowed to be on sale.

World War Z is about a vaccine that was developed without a thorough testing and at the end turned people into Zombies.

This Covid19 vaccibe has become a political weapon to gain votes.

What is the exercise price for warrant?

Pls add me too

Tomorrow no trade unless if it go lower :(

No limit up pls..should be fine close at 1.35-1.40

I'm in yesterday at 1.05 for 20,000 units. If double limit up today tomorrow no trade..so better no limit up today..imho

PP will give bad impression to most of the company. Unlike is USA whereby PP means there are big investors are confidence in the company, so they subscribed to it.

In Msia they perception is generally negative. And it gets very bad when these PP investors immediately sell their shares for quick profits. Many retail investors got caught. So at the end..all PP exercise looks bad especially when the PP price is way below the current mkt price.

Lets see if 25.5 is a fake rebounce point or not tomorrow.

Twice fake rebounce usually not a good sign..1) 28.5 2) 27

Probably PP investors are selling their shares. Maybe wait til them finish

Wah..suddenly down..looks like not an easy game

28.5 similar when it was at 19.5. seller non stop selling but buyer not stop buying. Changing hand before another push i guess. Imho. Not asking you to buy.

I monitored this stocks for few weeks. It reached the high of 20.5 and did a correction and stabilised at 17-18c before big push up again today. For me a correction from 20.5 to 17 is fair becoz the stock has risen so much from 5c. Actually it surprised me becoz it did not fall back to around 10-12c. So I think whoever the shark is they are here for longer term and their TP is not 19-21c. Just my 2 cent view..

Even if the vaccines is found by end 2020, most likely only handful will arrived in Msia. 99% already booked by US, Russia, UK, China and other big boys. So prospect of growth for vaccines counter from covid19 business is nil in 2020 and very minimal growth in 2021. Probably in early 2022 the vaccines will be made avalaible in countries like us.

V shape rebounce..looks like will reach new high soon

Top Glove also got factory in China

Easy..tonight CEO just announce they will sell 51% TG shares to US company.

Then, 2 years from now TG will be listed in Wall Street and price will jump non-stop from USD5 to USD200.

For me if you can run..better run. I have gave up on this counter. No loss for me as I bought 1c and throw 2c few months back.

This stock did not worth 0.50c (if you bought it at 1c) once the consolidation completed. Most likely it will drop altought you got the rights or warrants. However, final call is yours..

Clearly money switch from big 4 to 2nd liners..

Not asking you to buy yeah..

I think the operator doesn't want to limit it up or they wait til 4pm

Come on. Another 10c for limit up

Wow..the operator is back. I think limit up play may come back for 2nd liners. I'm not asking you to buy yea..its just my observation

michaelwong
2520 posts
Posted by michaelwong > Jul 14, 2020 1:23 AM | Report Abuse

Slight drop below 3.40 by 2morrow would lend strong buying support to set in for technical rebound

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Spot on!!

If you've bought it, i think just hold.

Chartwise GPacket looks good at least for technical rebounce towards 75-80c. Imho..maybe if you've bought it, you can hold 2-3 weeks. Not asking you to buy..

Very hard to predict. Sometimes out of sudden operator push it up in the afternoon session..but sometimes they push it down.

@hotwires your 57mils share is huge for a 1.1 bill shares. U must be dreaming
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I'm not saying this stock will go down but merely explaining why the price go down quite heavily today. Few times already company announce PP, Esos and market reacted negatively for few days before the operator pushed the price up again. I believed once all this capital raising completed, the stock will rally. If you have holding power just hold..imho.

The private placement 10% out of total shares is quite huge. It will dilluted the price..hence why it down quite heavily today.

Aiyo..you never studied the trend. Usually after big run up of Top 4, these "anak-anak" will start to 'catch-up' whilst the top 4 resting. For those saying Comfort cannot go up straight line..yes ur right but it did actually corrected from 3.3+ to around 3.09 before rebounce. So it did corrected. Now all the indicators are looking good, Stochastic, Parabolic, RSI and Macd.

Lets just see. For those not in and afraid..just don't jump in and watch the show.

If close at the highest like 29.5 or 30 then we will have a good hammer.

Nobody will dare to buy above 12c anymore

I think u're right..clearly somebody manipulating the stock prices

The only way AT to rise if the glove stocks fly again.

operator eat up 0.085, go up 0.090, then release all 0.085 again....left to right..(-.-)

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They got some at 0.08, eat at 0.085 and let people chase at 0.09. They sell que at 0.09 and once they satisfied they dump the balance at 0.085. they can still make good amount of profit as they play by volume.

Posted by bombombominvest > Jun 25, 2020 10:59 AM | Report Abuse

if permaju close above 0.31 today only got movie , click in my name may see TA vide

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Agree

Yeah..looks like the same pattern again. Not even touching 30c. Those who bought 27 still can get KFC money..haha..that's the art of catching falling knife..a bit difficult but those lucky can still make some money. So if the pattern continues, it will fall again and maybe at around 22-23c this may happen again. Buy at that level.

I'm not sure what is the bottom..now already at lowest not seen in years.

Not sure if the rebounce is a fake one. It happens few times with same pattern. But as I said..if you lucky still can make some money. Previously it down to 31.5 and rebounce to 34.5. if the pattern the same it can up to 30-30.5 and you must get out. Imho

Falling knife but some still can make a bit KFC money but must be fast in and out. Interesting

How Bursa can allow this?

For me its a distribution...just an opinion. You wanna buy up to you.

Among the gloves counter, Careplus is the most resilient and very defensive. I remember recently when Comfort at RM2.6+, Careplus is about RM1.04-RM1.10

Probably it need a bit consolidation before marching up again. Remember when it touched rm1.1+ and retrace back to 80c. Hovering around there for few days before going up again. I do not think it will fall below rm1.30, unless the gloves bull run ended. juz an opinion..

Nothing weird with analyst briefing. Company with a good management practice usually will conduct quaterly analyst briefing. Not neccesarily market will up/down after the session. Those analyst who fid not satisfy with the performance can directly ask the CEO why and what are the plans to increase the performance. If the answer is good, the analyst will do good write up and usually market will react positively..vice versa.

I found its weird becoz nobody talk abt fair value when in the past yeara Careplus is making losses after losses and even last Q the profit just a mere rm300k. So if that is the case why nobody question abt it before?

Actually you just want the share price goes down so that you can buy..if you're not interested at all with this company you wouldn't come here at the 1st place..

KUALA LUMPUR (June 5): Glovemaker Careplus Group Bhd, whose share price has climbed by 918% this year, saw its first quarter net profit more than triple to RM1.14 million, from RM363,000 a year earlier, on higher revenue and lower tax incurred.

Earnings per share in the quarter ended March 31, 2020 rose to 0.21 sen, from 0.07 sen previously, Careplus’ exchange filing showed.

The group has approved a special dividend of 0.5 sen, which goes ex on July 9 and will be paid on July 23.

Careplus said pre-tax profit grew by 51.7% to RM1.21 million, from RM795,000 in the year-ago first quarter, on improved operational efficiency and the higher sales recorded.

Revenue rose 22.96% to RM104.7 million from RM85.15 million, on the back of higher output and higher sales.

On a quarter-on-quarter basis, however, revenue declined 3.71% amid a 3% decrease in sales volume.

On prospects, Careplus said it expects a strong positive result in coming quarters — a reversal from its trend of being loss making over the past three financial years.

Its expansion programme has been accelerated, where nine production lines will be commissioned by end-2020, and another two to be commissioned by end-2021.

“This will increase production capacity from 4.1 billion pieces to 6.5 billion pieces by end of 2021, barring any interruption.

This is as it expects better performance from after a turnaround in its Brazil venture under Careglove Global Sdn Bhd, as well as the push into higher margin surgical gloves via a joint venture with Ansell Services (Asia) Sdn Bhd.

"Careglove made a profit before tax of RM980,000 in Q1 of FY 2020,” it said. “Careglove sales outside of Brazil has increased significantly, while the Brazilian business has also turned around significantly with better margins.”

“Surgical gloves will be our new product line. Notwithstanding expected higher costs, we anticipate better average prices and profit margins,” it added.

The group said the coming months will see a balancing of the supply demand equation.

“But what is certain is with a much more health consciousness public and healthcare communities, as well as fear of new pandemics, the usage of personal protective equipment including gloves will increase,” it said.

Shares of Careplus closed nine sen or 5.84% higher at RM1.63 today, valuing the group at RM866.12 million.

Posted by Kim33 > Jun 5, 2020 9:22 PM | Report Abuse

@Joe lai pls tell us why u say careplus QR not good? We willing to learn

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I bet he merely at RM1 net profit and draw conclusion that K+ is bad and so do Comfort

Of course..Comfort share price will increase. Carepls profit increased by 50% compared to last Q and a whopping few hundred % compared to same period last year. You don't look at how many RMmil..look at the growth.