Haha, Rubberex's last quarter's result(still positive though) was within expectation. No limit down lah! Kingbeast must be very disappointed. Now, he comes out with his PN19 labelling! Anyway, its share price is still holding above 40 sen as at now, a far cry from his dream target price of 30 sen.

Kingbeast, do not call for me until your 30 sen target price is reached lah! Lol!!!
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Posted by Kingbeast > 1 day ago

QR gg. Limit down today

Posted by Kingbeast > 14 hours ago

PN19 company. Where is John now?

I did say in the past Rubberex has some inherent strength as a 2nd-tier glove company. But whether it is worth buying or not must be evaluated in the context of its current share price and the overall market sentiments.

Even though I do not own any Rubberex shares now, I DO NOT run down the company anyhow.

Kingbeast had said that Top Glove was better than PMB last year, when Top Glove was trading at around RM 2.74. Now, with the price below RM 1, shouldn't you guys buy more of Top Glove now? I am just marking his words. LOL.
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Kingbeast John said Ruberex is fundamental company. So must buy more
08/07/2022 7:33 PM

I still remember what Kingbeast said about Top Glove last year:

Stock: [TOPGLOV]: TOP GLOVE CORP BHD

Kingbeast Top glove stock is better than pmb. Mark my words.
07/10/2021 19:28 PM

Contrary to what his big name suggests, Kingbeast seems to have a small biased brain!

He condemned Rubberex as a rubbish stock without fundamentals. But he could have failed to realise that his once-favorite counter, Top Glove, had done so badly that it dropped below RM1 in recent days.
https://www.theedgemarkets.com/article/top-glove-slips-below-rm1

Frankly, in terms of corporate results, Rubberex has still managed to turn in positive results in the last 2 quarters, much better than Comfort and Careplus. Also in terms of share price, Rubberex is still trading way above its pre-pandemic levels, unlike Top Glove and Hartalega.
https://www.thestar.com.my/business/business-news/2022/06/17/selling-pressure-to-continue-for-glove-stocks

Notwithstanding the current downbeat market, I am sticking out my neck long enough to see if Kingbeast's bold, but arbitrary, RM 0.30 share price prediction for Rubberex will ever come true. Lol!

As always, not a buy or sell recommendation. Do your own homework!
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Kingbeast Yaya, just because Eddie didn’t sell then u continue to hold it until everyone sells. Look at the share price now, gonna be a RM0.30 share price

Hahahahaha. Means before that, is a goreng stock. Nothing fundamental.
30/05/2022 12:17 PM

PM downplays early election talk, keen on reintroducing GST
https://www.theedgemarkets.com/article/pm-downplays-early-election-talk-keen-reintroducing-gst

GST theme is back! Both IFCA's share price and trading vol have spiked up these few days. If GST is finally implemented, IFCA will stand to benefit from a boost in revenue and profit.
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John1234 Bought at 30 sen. Keep for GST implementation.
11/01/2022 10:30 AM

Wow, since when Kingbeast has become my unofficial spokesman? Lol.

It is a known fact that many small and mid-cap counters at Bursa are operating like goreng stocks. I reckon that only my blue chip bank counters are worth investing for a longer term.

This time round, strangely enough major shareholder Ong Choo Meng and Rubberex's SBB team have not done a single sale yet. I believe this could be due to the operator's smart strategy of churning trading vols at fairly low levels.

Kingbeast, you are a trader/punter by nature. Winning(by taking profit) or losing money(by cutting loss) is part and parcel of your regular trading game. And, you should not use the same yardstick on real investors who tend to have a much longer investment horizon.

In the past, you have cast doubts on postings made by our forumers-cum-investors such as skcm2017 and TheContrarian on their shares sales of Rubberex at certain prices.

Why would they want to lie to us? Did they try bragging to us about their investment skills? If not, I see no real incentives why they would lie to us.

Anyway, this is an open platform for sharing of info. We must still do our own homework for the investment decisions made. No easier way out lah!

Kingbeast, I am ok. Already sold out for a very handsome profit.

So many forumers/traders have already exited this counter. I do not want to be the odd one out. Anyway, the entire Bursa market is so bearish these days.

Its last quarter's result will be out by end of this month. Will look at how it performs and decide.

Source: RHB Retail Research
https://www.theedgemarkets.com/article/rubberex-poised-rebound-recent-pullback-says-rhb-retail-research

Wow, Kingbeast must have missed me a lot. Keeps asking about me. Lol.

I have said long before. I do not need to use this i3 platform to promote my counters. The main reason why I was hosting this thread in the past was to share my info and knowledge about this counter to help our poor investors here.

Now that the share price has rebounded quite substantially, I shall take a good break. Let other forumers-cum-investors drive this forum thread now.

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Kingbeast Where is John?
21/04/2022 12:40

Kingbeast, stop asking me the obvious about trade with cautions.

Here, we can see that many are smart traders. Cut win or cut loss is their secret weapons. No need me to advise. Let me enjoy some peace lah...

Wah, Kingbeast is not an ordinary punter, do not play play! I would think that some of his profits should be given back to some of those who had cut loss because of his bad call about this counter. LOL.
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Kingbeast Ruberex is the worse glove stock ever.

Among all glove stocks, it moves the slowest and drop the fastest. Rubbish.
17/12/2021 4:44 PM

TheContrarian, I took the cue from the Rubberex SBB to buy back some at 35 sen. A lot of naysayers like to comment purely based on trend reading - the very obvious things to say. None of them had advised others to scoop up cheap tickets - to be a real contrarian.

I was told by Kingbeast not to be too obsessed with Rubberex. That is why I stay away. And now, I really enjoy the free time and leisure.

Yes, no news apparently.

What has changed actually? It is just that the operator has drawn a different chart mah! From an ugly downtrending chart to one of a strong rebound mah, until our biggest naysayer Kingbeast is also attracted to this stock-chasing game. After all, the operator has collected a lot of dirt cheap tickets earlier.

While more forumers may get carried away in this mini bull rally, I will also look out for any big action from the Rubberex SBB forces.

Not a buy or sell recommendation, always. Do your own homework. LOL.

Kronologi Asia FY22 net profit surges 16-fold to RM23.77m
https://www.theedgemarkets.com/article/kronologi-asia-fy22-net-profit-surges-16fold-rm2377m

Wow, Rubberex has rebounded steadily from a recent low of 33.5 sen to 45.5 sen yesterday, a whopping 35.8% rebound.

Why so strong? No naysayers are speaking bad about this counter these days mah. Only the operator is doing the reverse - churning up after all the selling. For how long, nobody knows.

Not a buy or sell recommendation though. Do your own homework. LOL.

Waiting for announcement of proposed 1 sen dividend, which works out to be 3.3% dividend yield, based on current mkt price of 30 sen.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3237280

No wonder the company was buying back shares at 27/27.5 sen.

Haha, I did not tell people to buy. In fact, I had told our forumers not to rush in to buy.

Go check back my past postings. Do not bark like a mad dog!!!

This Citadel888 must be busy cutting loss for his tech counters during this period? Look at tech counters, they are in a free fall these days.

Whether I made a loss from selling my Rubberex shares or not, go and check back my past postings. Unlike some, I do not have a habit of deleting my past postings. Haha!

Russia has launched a full-scale invasion of Ukraine and this has caused many Bursa counters to drop more today, including Citadel123's favorite tech counters too.

Haha, somebody's wish was not granted! I had followed TheContrarian's approach to sell my Rubberex shares earlier when it shot up to 70+ sen some time ago. But as a gentleman, I do not talk down on the counter after selling. I am waiting quietly on the outside for punters like Citadel123 or Kingbeast to talk down on the counter to buy back much lower or switch to another glove counter(eg top4), when price is good.

I think I have made a right decision by not sharing here. No pressure, but lots of pleasure and leisure! Haha!
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My previous posting here:
As for me, I am okay with the share price either way. Up, I just make do with what I have. Down, I can look out to top up more if the price is "right".
14/11/2021 8.22 AM

Bursa Malaysia ends broadly lower
https://www.theedgemarkets.com/article/fbm-klci-closes-down-1418-points-155533

But this counter closed unchanged with low trading vol. Looks resilient.

Bought at 30 sen. Keep for GST implementation.

Southern Cable sees demand recovery in FY22
https://www.thestar.com.my/business/business-news/2022/01/08/southern-cable-sees-demand-recovery-in-fy22

Making the right but unpopular moves
https://www.theedgemarkets.com/article/making-right-unpopular-moves

I have said it. I wonder who have taken my buying tip seriously in Dec. It is probably not wise to chase now....
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Bursa market is clearly a laggard now. Good time to collect cheap for the traditional CNY rally in January...
09/12/2021 8:41 AM

Bursa Malaysia ends first trading week of 2022 in positive territory on bargain hunting
https://www.theedgemarkets.com/article/bursa-malaysia-closes-firmer

Market sentiments have improved and this counter is showing signs of an oversold rebound.

Bursa Malaysia ends first trading week of 2022 in positive territory on bargain hunting
https://www.theedgemarkets.com/article/bursa-malaysia-closes-firmer

If the buying momentum is carried on into next week, we could see some speculative play on this counter too.

MOF confirms higher RM1,000 cap for stamp duty on share purchases, as per The Edge report
https://www.theedgemarkets.com/article/mof-confirms-higher-rm1000-cap-stamp-duty-share-purchases-edge-report

This is probably good relief news for the market operators.

MOF confirms higher RM1,000 cap for stamp duty on share purchases, as per The Edge report
https://www.theedgemarkets.com/article/mof-confirms-higher-rm1000-cap-stamp-duty-share-purchases-edge-report

This is probably good relief news for the market operators.

Selling seems to have dried up. Bought at 40 sen.

For the whole morning, no shares were traded at all, but it closed up 2 sen on low trading vol at the end of this afternoon's session. It appeared more like share price was traded up by the operator. Lol.

Really? When the tide comes, all boats(big or small) can be lifted up more or less.

Let's see...

Bursa market is clearly a laggard now. Good time to collect cheap for the traditional CNY rally in January...
https://www.theedgemarkets.com/article/wall-st-closes-higher-vaccine-update-feeds-optimism

US stocks jumped for a second day, continuing their rebound from a recent rough patch, as investors grew less fearful of the potential economic impact from the new omicron coronavirus variant.

Dow has rebounded more than 1100 points in 2 days...

The low trading vols these few days seem to suggest that selling has dried up somewhat, despite a weaker broader market...

https://www.theedgemarkets.com/article/tashin-3qfy21-profit-rises-800-higher-steel-prices-declares-two-sen-dividend

Yes, Dow was down 0.58%(not a crash). But KUB Malaysia was down 2.3% yesterday.

Next, we should pay attention to the quarterly report to be out this month to see how it was performing in the last quarter. This can surely affect its share price more.
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Hafid Dow is down
18/11/2021 5:25 AM

You sure or not? KUB Malaysia's share price has not touched 50 sen since 2 Nov 2020, after price recovery from the Covid-19 pandemic.

If it ever touches 50 sen again, it could mean big players are selling down. You not scared of a falling knife???
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Hafid If down to rm0.50 is the best to enter
17/11/2021 7:57 PM

The operator is no fool. Logically speaking, when the broader mkt is weak, will the operator push the price up for weak holders to sell? The operator is better off pressing down the price to collect more..

The share price says it all, today is a bad market day. The broader Bursa market is still weak..
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John1234 Share price will be adjusted for xd today. On a good market day, the adjustment will be less. But on a bad market day, the adjustment will be more.

Let's see...

Share price will be adjusted for xd today. On a good market day, the adjustment will be less. But on a bad market day, the adjustment will be more.

Let's see...

For info of Rubberex shareholders here only:

I have been sharing lots of "factual" info about Rubberex on this forum thread, primarily for your knowledge and benefits as I can relate to your frustrations having invested into this counter. But somehow, I was mis-labeled as being "too obsessed with Rubberex".

Based on postings so far, both skcm2017 and TheContrarian have been our most staunch supporters of Rubberex and have been doing some top-ups recently. So, I have decided to leave both of them to hold the fort here from tomorrow onwards, while I will stay in the background as far as possible. Like that, I can also spend more of my precious time on my other counters. And I can be more active on other forum threads.

Why do I do this? To prove what I have said earlier:

As for me, I am okay with the share price either way. Up, I just make do with what I have. Down, I can look out to top up more if the price is "right".
13/11/2021 8:39 AM

In fact, it is also high time skcm2017 and/or TheContrarian(being the 2 biggest stakeholders here) took on a more "active" role in managing the postings here. But if they choose to remain silent, I shall let it be. After all, I can fully understand it is NOT an easy job having to deal with a bunch of "agenda-driven" naysayers. But arising from this, forumers will have to "filter" through the comments here at all times.

Anyway, I do deserve to have a good break too from doing such a "cyber-policing" job here.
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Kingbeast This John, too obsessed with Ruberex and keep having positive judgement.
13/11/2021 5:29 PM

Haha, I have discovered a dark side of deMusangking - He likes to delete his posting. Very sneaky behaviour!!!

At least, Sneakpeek is better-behaved than deMusangking in this respect. As far as I know, he never deletes his postings!

Ong Choo Meng is the largest Rubberex shareholder. So, Kingbeast is trying to imply that he is NOT a good investor???

Then why did Kingbeast fancy him so much in the past?

Kingbeast Eddie goreng Opcom but why not Ruberex?
08/10/2021 12:52 PM
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Kingbeast If he is a good investor, he would leave Ruberex long time ago. Either I think he is trapped now
13/11/2021 5:52 PM

Did I actively promote Rubberex? In fact, I have always told my fellow forumers not to rush in to buy...

I just share "factual" info to like-minded forumers-cum-shareholders, but NOT to traders like Kingbeast or deMusangking. What is wrong with that?

Haha, both Kingbeast and deMusangking speak like traders or punters. Different wavelength, mah.

Do not waste time here! Go and punt on your hot favorites lah! Haha...

Bursa snaps three-day losing streak, KLCI up 0.81%
https://www.theedgemarkets.com/article/bursa-ends-higher-buying-support-financial-services-healthcare-counters

KLCI had a rebound yesterday with some help from the index-linked glove counters. Hopefully, market sentiments will be better next week.

With some extra cash on hand, I will be looking out for any good bargains from the small and mid-cap counters next week.

Well, I can see that Sneakpeek has finally toned down his thinking, giving up on his earlier predictions:

Sneakpeek no need to dream to get 50 cents..i think this week can get ah..after that 40c maybe end of nov. ..
01/11/2021 1:18 AM

As for me, I am okay with the share price either way. Up, I just make do with what I have. Down, I can look out to top up more if the price is "right". That is why I can afford to give my unbiased views on Rubberex.

Have an open mind and we will see things differently.

Eg there was a major correction on steel counters recently and some hot favorite steel counters were sold down more fiercely than the others when punters started to exit these hot favorites. Notwithstanding this, I was still able to find at least one steel counter that had bucked the general trend.

What is the lesson learnt? Do not always follow the crowds to chase after hot favorites.

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Sneakpeek Why..why...i wait long long very sure it will go below 50c..
12/11/2021 9:24 PM

I was reading skcm2017's reply to Valgrovest's posting at the Top Glove forum thread:

Posted by Valgrovest > Nov 12, 2021 11:34 AM

Today rubber glove play but it is going to be a one day only event as usual. Note that rubber glove production is in severe excess globally. However, a good opportunity for those who want to exit... Maybe next week could be Vaccine counters.

Posted by underwear > Nov 12, 2021 12:15 PM

so many good guy nowaday

Posted by skcm2017 > Nov 12, 2021 12:19 PM

Good guys when they want something.
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Skcm2017, what were you trying to tell us? Is this your another way of saying he has a secret mission??? LOL.

KUB Malaysia closed 2 sen higher today.

Interestingly, next Mon will be the last cd day for the 1.5 sen dividend entitlement...