clouud1234 It is not possible as TG is a reputed company unless they're willing to take a risk to permanent bar from USA or sue for compensation even providing misleading information.

Yesterday just sold other counter to get more fund to collect Puma when below RM6. Now, no need any more.

Hope this Puma can run steadily and not too drastically. The sentiment of the investors are way more important than vaccines ready or not.

This Puma is getting more powerful !

Hopefully this Puma has out of swamp area and now can run properly .

Next Q, expect another dividend share again !

Puma has more bullets to revenge based on it cash in hand

Finally Puma has activited the share buyback today ( RM36 mil ). It is a good start but still way behind TG ( spent about 100mil which was 1/3 of cash in hand based on last Q report).

Say sayonara to WellCall

When share price is uptrend, even the Put warrant can limit up!
When the price is downtrend or drop and is under value (with solid result, solid orders and bookings at least for 3~4 quarters . ) , still continue dump the share !
This Puma which is now trapped in swamp area will only able to run again with coming strong solid Q result!

Broke the RM6.5 strong support then the next will be aroung RM5.50
May due to margin call. Will still accumulate a bit at every supporting level .

Matched few units at RM6.55; should get very strong support at RM6.50.

May challenge the RM6.5 resistance level, q and wait around this price!

Believe in it solid performance, further down will provide good opportunity to accunulate stage by stage.

Start to collect some as the price down from it resistance aroung RM8, expected strong support at RM7.30 (else next supporting may be at RM6.50). will take opportunity to average down the cost if the price further down near the supporting level.

Since Puma was already broke the RM8.50, the next supporting level is around RM8.00 else another at around RM7.50. When the price approach to this level, i will collect some at this level to average down the cost. It is not wise to all in; or daily trading.

Still hold tight and take opportunity to averaging down my overall cost if price getting lower.
Base on the latest result ( eps=RM0.147 / quarter with at least 3 solid quarter booking with down paymeny; just rule out their asp increment / capacity increment ). I believe present price was under value (RM0.147 x 4 x 20 ). Instead of taking risk to bank on other counter, i prefer go for those which actual few quarter orders in hand !

Disposed all my KPJ and go for TG.

A peek to the prospect of gloves demand based on information released from glover maker (Comfort Gloves) :
-Comfort Gloves said based on its discussion and feedbacks from partners worldwide, it expects demand for premium gloves to increase further.
-"The emphasis on hygiene and sanitation will also not be reduced in the event a vaccine becomes generally available,"
-Comfort Gloves said the current market environment has allowed the group to work with its partners worldwide to lock in commitments to purchasing gloves for the next 18 months.

https://www.thestar.com.my/business/business-news/2020/09/07/comfort-gloves-posts-best-ever-quarterly-profit-sees-rising-demand-for-premium-gloves

This is another contradicted article from KYY https://klse.i3investor.com/blogs/koonyewyinblog/2020-09-05-story-h1513345033-Glove_stock_prices_will_rebound_soon_Koon_Yew_Yin.jsp
Now (he claimed that he sold almost all his holdings and waited for the prices to rebound. This article also attached a wrong information of 6mth share price performance especially for SuperMax (price >RM40 on Aug 20, the fact is >RM24+ only) .
He mentioned "I believe the demand for gloves will continue to exceed supply in the next 2 or 3 quarters until the Covid 19 pandemic is under control. He is still believe (Is he talking nonsense) while the fact that Supermax/Top Glove are fully booked (with down payment) until the mid of next year (this information released early of Aug).
In the last article mentioned "I am waiting for the glove stock prices to rebound.". Does he mean he already collected enough share already ( the reason why he released a negative prospect of glove counter especially SuperMax ?).
Is he end up as daily or weekly trader just to gain money from created a speculation in the market? Is this is true, then it is better for him to rewrite his book ( Invest Like KYY 2nd Version )

Hopefully, this Puma shall able to recover and turn green at afternoon session.

Today is the last to buy SuperMax to get the bonus shares

wow, after bonus distribution the price is flying (+RM0.60 meant +RM1.80 of before bonus issuing)

If today this Puma can climb over RM22.00, then there will be a good show by tomorrow !

Expect a good show for this coming 2 weeks (after listed under MSCI / before & after bonus )
Facts:
- 23B pcs order booked by end of July ( above 1 year order & received deposit of 894M+ )
- Addition capacity of 2.2B from 4 new production lines (Q4'20) & 4 new lines by early of Q4'20. Present annual cap at 24B, expected 2021 annual cap at 36.4B and 2022 avvual cap at 48.4B
- OBM marketing model
- SuperMax expected better performance for coming next 3 quarters

Without reopening the borders ( extand of RMCO to 31st Dec 2020 ), it is hard for GENM to perform ! The surprise dividend payout was mainly to provide some cash to it major shareholder for HK Genting.

Compare the latest Q result of Kossan ( eps=RM0.1025 ), SuperMax (eps=RMRM0.3058) is much more better.

Gamblegod, you must be joking to sell gloves. The testing is only on Q1'21 and 300mil doses annually. For me, if this is vaccine pushing out. This is also not much impact to gloves at the initial stage as the open of aviation, tourism and F&B widely. 300mils doses annually may take few years to fulfill the demand and unless it is very effective, else the precaution/prevention is still needed. In fact, you need to book the gloves now in order to get the enough supply at least by Q2'21 and onwards!

Instead of believing the pharma counters to perform ( "may" start bottling the vaccine by Q1'21 or Q2'21 or may even longer , supply volume also may limited during the initial stage, term & condition which included profitb margin also unknown), i'm still prefer glove counter especially TG and SuperMax with strong profit visibility.

I believe even the vaccines (doubt will be very effective; may be 60%~80%) are pushed to market. It is just for those infected by virus at the initial stages and the virus is still spreading. The growth of gloves are still good ( the ASP will flat by Q4'20, no doubt may gradually down after Q1'21 base on supply & demand) especially the kick off of aviation industries, tourism and F&B outlets just after the launching of vaccines. At present, the gloves are not used by the patient but the frontliners. As long as the virus is still there , the gloves usage will not reduce significantly.

Collected at RM19.5, q at RM19.0

Better wait for Q result by this coming Thursday (27th Aug) ! Hopefully not an atomic bomb.

I need to say sayonara to VS after 2 mths with me.

Hmm... put aside the revenue, the profit is just 0.3M improved ( 19Q2:26.6M vs 20Q2:20.1M ) but the share price is about 3X higher compare with 19Q2.

Expect a good show by coming Sep (one after MSCI & another after bonus distributed).

Why worry as the downtrend is limited but the uptrend is huge. Just wait patiently.

A perfect uptrend storm !

It is just SUPERB !

Great to see strong rebound ! Hope to break above RM20 by end of month.

I still believe the game is not over yet base on :
-SuperMax will list in MSCI
-Bonus Issue
-Recent sell down mainly by local fund and retailer (new/without holding power)
-Positive on start to see foreign fund is entering bursa
-Except China, countries announced positive vaccines news (US/India/Russia/UK/..)mainly from those countries seriously effected by covid were mainly to clam down their citizen for political reasons...

Let put some positive news about gloves..

https://geeky.news/covid-19-fear-of-a-shortage-of-surgical-gloves/
https://www.msn.com/en-us/health/medical/fda-s-first-ever-list-of-medical-supply-shortages-says-us-needs-more-ventilators-gloves-surgical-gowns/ar-BB181L4u?li=BBnba9O

A margin call will put the price down but also provide a golden opportunity to accumulate or average down the cost.

Matched at RM16.00 again for average down the cost. Paper lost 13%

Matched at RM17.00 & RM16.50 !!

Another bad day for Supermx. Will close 17.78 / 17.88 / 17.98 / 18.08 ?

Most of the time yo-yo between 19-20, good for buy and sell.

Good news..
KUALA LUMPUR (Aug 13): The FBM KLCI followed regional markets and Wall Street higher in the morning trade Thursday and rose 0.85% at the midday break, while shares of Kossan Rubber Industries Bhd and Supermax Corp Bhd were given a boost on news that the duo was added as constituents for the MSCI Global Standard Indexes which will take place as of the close of Aug 31, 2020.

Whether vaccine successful launch onto market. At initial stage, it's just for curing a covid patience and not for prevention due to it risks. The use of the PPE (including gloves) are still needed to prevent the spread/infection of covid 19 else the virus is still spread across the world rapidly. Maybe after 1~2 years ( if the vaccine is effective and proven no side effect) then will use for prevention.

If the closing price is stand above RM20.00, then it is very positive to Supermx for next uptrend wave!

Even the vaccine is rush to market, it is just for those Covid-19 patients and not for normal people due to it risk and effectiveness. The virus is still spread around for years before the vaccine can practically use for normal people .