Do not get me wrong, stockraider. I am not trying to press down the price for my own good. I am just sharing about market dynamics. I just want you guys not to be misled by promises of unrealistic target prices.

At current price, the trades are mainly done by some technical traders on TA leads. They could be day traders or stockists. Value investors will usually wait for a correction first before coming in, provided the underlying market tone still remains bullish.

Ms Bgt 9963, whether super stock or not, there is still a fair value to it. From what I can see, it is way above its fair value on investors' optimism. During a bull run, this could be sustainable. What if the tide turns for whatever reason?

Stockraider, I WANT HIM TO ANSWER TO US TO SUPPORT HIS RIDICULOUS CLAIMS!

Please back up your claims with solid facts and figures and do up a proper writeup to convince us, much like what a stock analyst would normally do. If you cannot do that, then do not simply utter out numbers to mislead and confuse others!!!

This is what Mr Alan Greenspan might term as "irrational exuberance" - a sign of highly inflated asset prices and bubbles. What strong fundamentals and rosy business prospects does it have uniquely to warrant such unrealistic projections???

Guys, it is a sad thing I have to say goodbye to you on this thread after this big tech gambler Foker came in here to mess up the cordial environment here. He is picking on eddy888 and me especially. Sorry for the mess that he has created.

As I have always said, all must do our homework for any investment decisions made, based on our own investment objective, timeframe and risk profile. We can pay more attention to some of the more neutral comments given(eg keown83),

My philosophy in life is always 以牙还牙(let him have a taste of his own medicine)! I will move my battleground to SAM ENGINEERING & EQUIPMENT (M) BHD forum thread. Feel free to visit me there to give me some moral support,

Cheers and good luck, guys!

Foker's earlier projections are even more fantastic! Really make me fall off the chair!!!
================================================================================
Foker Aug 30, 2021 2:42 PM

Don't surprise by 2030 RM 2000

--------------------------------------

Foker Aug 30, 2021 2:42 PM

Don't surprise by year end RM 60

This guy Foker keeps throwing out high hopes on the counter that he is promoting to attract buying from the newbies and the unsuspected. Bursa is such a small marketplace. He thinks this is a market as big as Nasdaq, where there are so many players from all around the world. Really fat hopes!

If we look at the 52-week price range of SAM(RM 6-RM 17), the price last closed at RM 15.02 is already considered on the high side. Any smart investor will always wait for at least 30% retracement to only consider buying on weakness.

Do not fall into his trap to bid up the share price for him to sell at the first sign of the slightest trouble and end up holding the babies.

Superman7181, you have done a good job so far!!! Please help to watch on this guy for everybody's good!!!
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Foker As I said, as long can up 3% everyday, SAM in 20 years time will worth RM 77.8 billion per share. By then don't forget to buy 1000 Boeing airplanes to thank SAM.

Big tech gambler Foker, if you cannot answer my 1st question that I asked, then I can only conclude that you are just a hardcore gambler, who try bailing yourself out on any wrongful punting!!!

I shall not waste any more time on this 小人 here!!!

You can bark, but I shall simply ignore!!! But I will tag on you wherever you go(esp those forum threads that you are promoting your stocks in) to expose your misdeeds. After all, I have had nothing to gain from sharing in this forum thread. I can just quit from here. But you have everything to lose from my exposing of you!!!

Haha, do your maths and weigh the consequences lah!!!

See, this big gambler Foker does not know why he bought into Kobay Tech!!! Sure, looks more like punting hard!!!

It appears from your previous postings that this is the tactic that you have been using to bail yourself out for wrongful puntings!!!
=================================================================================
Foker Everyone can see that John is a terrible investor who cannot justify his own investment. He knows nothing about the glove industry. Why is someone who is so ignorant about an industry buying stocks in this industry and asking people to buy? Well simple. Because he made a terrible investment and need others to bail him out.

Low IQ, big tech gambler Foker is here again. Apparently he has not mended his way a little, still as cocky.

I have my own basis to buy into Rubberex earlier. Why must I tell my enemy like you?

Could you first explain to us why you made such a terrible mistake buying into your perceived goreng stock Kobay Tech first? To goreng???

Stock: [KOBAY]: KOBAY TECHNOLOGY BHD

Foker Jun 18, 2021 3:39 PM

My TP is RM 10. EURO and Dataprep went up to few billion ringgit in Market Cap. Why not Kobay? We are still at stage 1,still got 5 more goreng stages to go before Kobay hit RM 10.

After hearing what others have shared, if you have nothing valuable to add, then just shut up, instead of adding unnecessary and sarcastic remarks!!! If you do not change this, you are going to create more enemies than friends in life. If you do not believe what I say, you can ask other forumers for their views on you.

We can tell that you are already not keen on buying Rubberex. No need to talk as if you are still interested.
=====================================================================
What substance you want me to share?

My view is I do not what is Ruberex’s edge when comes to anything?

Is it the expansion to 10 billion? Now big. 4 is lowering ASP, how Ruberex wants to fight? Coming along, China.

So what’s Ruberex edge again? Can u answer me?

Foker, if you had not stepped on my nerve, I would not have gone to the extreme to expose you.

Talk to people nicely. This is meant to be a platform for sharing to benefit everybody. I do not like to create enemies here. But I need to uphold my dignity!

He portrays a super pessimistic scanario like above. He still asks other pp to hold big 7! Really low IQ!!!
============================================================================
Foker Buy and hold big 7. Don't make the same mistake like John and Eddy who are two big losers and bet on walking dead.

His scare tactic again? The big 4 will only resort to this under very extreme conditions. If not, the big 4 could not even account for big profit drops/losses to their shareholders. ​
==================================================================
Foker Big 7 reduce ASP to $20 and put small glove makers like Rubberex out of business.

This guy always likes to ride on others' comments to give unnecessary remarks! Bad character too! A man of no substance!
=======================================================================
smyang11 That’s my point, why invest in Ruberex which has no edge in anything and everything
04/09/2021 3:13 PM

Haha, our big tech gambler Foker is here to bark again. As usual, he likes to take the easy way out by plucking words/figures from his "kennel", just like what he did on the high implied target prices for his favorite Sam counter earlier to encourage buyers to push up his counter.

Why was he barking like a dog? Did I lose money on Rubberex? I had mentioned way back(which he chose to ignore) that the Rubberex shares(1/4) that I own now are like freely paid up shares from the profits that I had made after selling off my 3/4 holdings this Apr. Do not bark for the sake of barking!!!

So, I did not suffer losses at all, at the most only less profit.

In fact, I was so kind to highlight to the forumers here that vaccination was the game changer for the share price drops and discouraged buying. The forumers here can be the witnesses!

But look at our big tech gambler Foker. He thought he was so smart? I think he must have made a terrible mistake investing in his perceived goreng stock Kobay Tech(based on his changed stance on the counter).

We shall wait patiently to see how his favorite counter Sam will perform to see how lucky he is(gambler always tests his luck!). But as far as we know, luck usually favours the kind and the upright. Haha!!!
============================================================================
Stock: [KOBAY]: KOBAY TECHNOLOGY BHD

Foker Aug 11, 2021 2:19 PM

50 years also cannot get back ur money

Stock: [KOBAY]: KOBAY TECHNOLOGY BHD

Foker Aug 11, 2021 2:19 PM

Dangerous stock. Market cap of RM 1.4 billion vs Net profit of RM 26 million

Stock: [KOBAY]: KOBAY TECHNOLOGY BHD

Foker Jun 18, 2021 3:39 PM

My TP is RM 10. EURO and Dataprep went up to few billion ringgit in Market Cap. Why not Kobay? We are still at stage 1,still got 5 more goreng stages to go before Kobay hit RM 10.

keown83, thank you for making the effort to give your analysis. I like constructive counter-arguments.

Guys, please take note.

Hello, if you do not understand the meaning of "a breakthrough variant", do not open your mouth!
What I meant is when the variant is able to break through the current vaccine, in the process of developing a newer vaccine, the demand for gloves will surely be higher and hence the ASP will stay higher during the period. Has this happened already???
===================================================================
smyang11 This is what John said - “ A breakthrough variant would mean demand for gloves will be higher and hence the ASP”

Hello, variant has been long in the news. If ASP is going up, why glove companies making loses than previous Q?

smyang11 was merely echoing the views of some other forumers. Nothing new.

A breakthrough variant would mean demand for gloves will be higher and hence the ASP.

As with any industry's consolidation, in the worst case of a severe over-supply issue, mostly likely it will end up in M&A activities. But that is still too early to say.

There is a valid reason why I am still holding onto my balance of the freely paid up Rubberex shares, which I hate to share with the naysayers here.

Will gloves theme come back again? Only time will tell...

The World Health Organization is monitoring a new coronavirus variant called “mu.”
It has mutations that have the potential to evade immunity provided by a previous Covid-19 infection or vaccination, the WHO said.
https://www.cnbc.com/2021/09/01/who-says-it-is-monitoring-a-new-covid-variant-called-mu.html

Yes, Rubberex does not suit you as you have said this before: "Buy tech better la. At least banker’s favorite. Glove banker never go in at all. So stagnant."

Do not waste time here! Go and join Sam forum thread lah! Big tech gambler Foker will welcome you with open arms!

But Foker will soon regret that he has to waste time dealing with a nuisance forumer, on top of his existing critic, superman7181. Lol.
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smyang11 Wow ever since 26th July, Ruberex has been red for 26 days and green for 2 days, red for 26 days.

From 0.895 drop until 0.730. U guys tell me, this counter still worth investing? I am trying to be an investor here but I don’t see how Ruberex fight against all the big giants when China is also ramping up production for gloves.

Even TA and FA cannot help Ruberex. At least other counters didn’t drop so much or still green in some days.

Ruberex RIP. PN 17 soon

Again, this big tech gambler Foker is still trying to promote his overpriced stock here. But wrong place lah! We are all not gamblers! Do not waste time here! Go over to Genting to try his luck, it suits his style. High risk, high return! Showhand or double down!

Genting Highlands will surely welcome a high-roller like him with open arms. Lol!

Haha, we see the big tech gambler Foker is here to bark again, just because his favorite tech counter Sam went up 3.3 % today, he got carried away. But look at him earlier, he was just as shaken by the operator to give the following comment, which he made past midnight again.

Be humble. Nobody really knows what is going to happen next week. Do not get so shaken again, haha!!!
===============================================================================

Foker Sep 3, 2021 12:39 AM

I agree. SAM is doom. May drop back to RM 7.

I never said it is impossible. But we just want to block you from buying/becoming a nuisance shareholder of Rubberex, haha!!!

This is what the operator always does- to queue a big vol of buy orders to block buyers from buying low...
===============================================================
smyang11 Why do you think 0.5 is impossible? Ruberex currently trading at 0.75. I’m sure you are also shocked by the current price.

So why is 0.5 is impossible? Last time people says rm4 is impossible at all......but look at bow. Below rm4. Let’s wait and see then

Dreams on! Who knows I will come in to top up at 0.505, before you! Haha!!!
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smyang11 My dream is coming true at 0.5.

No point talking about covid because all gloves companies will eat Ruberex hahahah

In a quiet market like now, market operator calls shots. I have said this more than once, "we should wait for major shareholder Ong Choo Meng to come in to support his own shares price first, rather than we keep on supporting the share price for him."

That would give us a rough indication of how he perceives his own share price.

Of course I know what I am doing. My left over (1/4) shares in Rubberex can be considered as almost "fully paid up" from my earlier profits after selling off my (3/4) shares this Apr. So, I use it as an insurance bet to hedge my overall portfolio against the ever-evolving Covid-19 virus.

When I mentioned the announcement of the term endemic in Malaysia was nothing alarming, I meant the share prices would have already factored in, to a great extent, the market move towards this concept of an endemic situation. I did not imply that gloves share prices could eventually move back to last year's prices(being a super-bull cycle year).

H1N1 event took place in 2009 and it lasted about 1.5 years. But Covid-19 is much greater in scale and severity and it is still continuing to wreak havoc worldwide after 1.5 years in existence, amid new viral mutations and evolvements. I feel the past price trends of the H1N1 period would be more relevant for the post Covid-19 era, when the virus has been fully eradicated. As at now, it would be the global demand vs global supply of gloves that will ultimately determine the glove prices(ASP).

We should know why many govts choose the "to live with the Covid-19 virus" approach so as to open up the economies for travel and trade. But will this give rise to new waves of Covid-19 clusters? All it takes is just a potentially more powerful breed of viral mutation to possibly render the current vaccines inefficacious and new refinements again.

Nevertheless, guys, my basis of holding Rubberex shares may differ from yours. Please take special note of Father Keown83's warnings and do a full review on your Rubberex holdings.

keown83, I have already explained why I am still holding onto Rubberex. I shall not repeat here. For one, I will not switch to Top Glove or other top3 as I believe all glove counters will more or less move in the same direction and share the same outlook. If the sector outlook is really no good, no point holding onto other glove counters as well.

Endemic only means that the current vaccines seem effective against the Covid-19 virus. But at the rate the virus is evolving with different strains, we just need to keep on watching.

Endemic is a process that many govts in the world acknowledge in another word - Covid-19 virus is not going away and we must learn to live with it.

Share prices are always ahead of the real economies. The very facts that gloves counters prices have dropped substantially and vaccine manufacturers' share prices(eg Pfizer and Moderna share prices in the US) have rallied substantially in the past months would have already reflected this movement towards endemic.

Nothing alarming. Savvy investors would have already anticipated this.
============================================================================
keown83 Malaysia to move to COVID-19 endemic in October - KJ
https://www.bernama.com/v2/en/general/news.php?id=1998804

well, this spell the end of hope for any rubber gloves craze for a some time to come..the news officially mark the end of the road for fear-mongering on hoping to ride on gloves rally once again

& it also mark the start of vaccine craze

I have a well-diversified portfolio. The leftover(1/4) shares of Rubberex (not sold earlier) in my portfolio serves more as a hedge against my overall portfolio. I am not betting big on this to make big money.

As I have said, I am still closely monitoring how the Covid-19 situation is evolving ...
https://www.cnbc.com/2021/09/01/who-says-it-is-monitoring-a-new-covid-variant-called-mu.html

Not a buy or sell recommendation though. Do your own research.
(NB I will be outside today. Will not respond to any comments that are worth responding)

Haha...a tech investor does not make you any more investment-savvier!
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Foker He just admitted he is a noob investor.

They are just not my cups of tea! He is a risk-taker. But I am not. I do not give a damn to how high they can fly.
===============================================================
Foker I bet noob John secretly buy SAM while scolding me here. John hates good stock, but he also loves money

Both Genetec and Sam are simply highly inflated(as against their NTAs and quarterly profits) counters on thematic plays currently. They are like overblown hot-air balloons, running a potential risk of deflation or bursting, if big players decide to do a shakeout or exit when the theme plays are over. One classic case in history was the dotcom bubble burst of 2001.

I feel worried for him. At after midnight time, he was still thinking of how to propagate his "overpriced" stocks here, while others were happily asleep! But I am more worried for the newbies who buy shares under his influence and do not know the potential high risks involved.
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Foker Genetec from RM 1 go to RM 30. SAM only RM 14.90 but net profit 10 times higher and got aerospace division.
01/09/2021 12:31 AM

Foker Anyone can see for themselves. Anyone can see semiconductor equipment billings rising to all time high and dozens of fans being constructed over the next ten years. Anyone can tell who SAM customers are.
01/09/2021 12:32 AM

Haha, I do not need to promote my blue chips(banks, etc) counters, unlike you!!! At least, I earned decent money!!!
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Foker This John only make money in this 2 years which everyone also made money by throwing darts

I was rather amused by the posting from another forumer on SAM Engineering thread....
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superman7181 Those who encourage ppl to buy SAM, just MARK MY WORDS ! I REPEAT MARK MY WORDS that this week gonna drop until your father regret for not ejaculate you on the wall !

His action reminds me of those chaps that appeared on gloves counters threads last year, giving high target prices to encourage pp to chase!!!

Guys, this guy Foker gives such high implied target prices to encourage buying. If you suffer any loss from investing this counter, please go after him!!!

I have already made good money from all my investments. Unlike me, somebody needs to give high implied target prices to lure pp to buy. Haha!!!

His action reminds me of those chaps that appeared on gloves counters threads last year, giving high target prices to encourage pp to chase!!!
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Foker Hahaha John you loose so much money in Rubberex still want to talk cock

Haha, somebody gave such high prices to encourage pp to buy. I wonder how many shares he has bought on the quiet already???

=============================================================

Foker Aug 30, 2021 2:42 PM

Don't surprise by 2030 RM 2000

--------------------------------------

Foker Aug 30, 2021 2:42 PM

Don't surprise by year end RM 60

Another joker here!!! Since when did I actively promote Rubberex and tell others to buy? The forumers here can all be the witnesses!!! Do not be a slanderer here!!!

Go and promote your SAM Engineering lah!!! Just plucked figures from the air without elaborating!!! How many shares have you bought already??? Never declare your interest to the forumers there!!!

Stock: [SAM]: SAM ENGINEERING & EQUIPMENT (M) BHD

Aug 30, 2021 2:42 PM

Don't surprise by 2030 RM 2000

Stock: [SAM]: SAM ENGINEERING & EQUIPMENT (M) BHD

Aug 30, 2021 2:42 PM

Don't surprise by year end RM 60

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Foker No wonder la. Losing money in rubberex that's why need to keep promoting

As gloves company(including big-4 too) investors, we should always guard against any potential over-supply problem as gloves productions are ramped up. But, to the extent that the Covid-19 strains, esp Delta variants, have not been fully eradicated, this over-supply problem seems less acute.

Nevertheless, we must still closely monitor how the Covid-19 situation evolves.

As I have said, never put all eggs into one basket. In my portfolio, I have a combination of blue chips(longer term, for dividends) and small/mid caps(shorter term, for capital gains) stocks.

Someone has once asked me when I will do a top-up on this counter. I could not give a reply as I was still monitoring the current situation, as well as when major shareholder Ong Choo Meng will come in to support his share price. At least, that would give a rough indication how he perceives the company's share price.

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John1234 Aug 23, 2021 1:11 PM

I never actively chased after glove counters like the others during the super bull run days of 2020.

I came into this counter only when it dropped below 1.10 around end March and sold 3/4 of it when it rebounded strongly in Apr. Currently, I still own a small amount of Rubberex shares.

Do you know that you have been very annoying and unappreciative?

neutralist and I had been very obliging to answer most of your queries. But you took our kind gestures for granted and turned around giving unjustified or ill-meaning remarks on the things that we shared!

=============================================================================

smyang11 Hi John, I would like to understand your reasonings only. I said PN17 because why other gloves are going up except Ruberex?

Do you agree that you are a loser? You already condemned this company as a PN 17 company. Why still ask so many questions as if you are buying?

I had kindly asked you to go and invest in blue chips earlier. If you had heeded my advice, you would have caught the right timing as KLCI had move up almost 80 points during this period on some inflow of foreign funds.
https://www.theedgemarkets.com/article/foreign-buying-extends-third-week-surges-rm9643m

Last Fri, I managed to sell off a steel counter which I had bought on the cheap a week ago and made an ROI close to 8%

But what did you achieve? Nonsense comments here and there, I believe!!!
=============================================================================

John1234 Aug 24, 2021 2:31 PM

My advice for you:
If you really want to invest your money, go for blue chips instead. Less price manipulation.
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smyang11 Buy tech better la. At least banker’s favorite. Glove banker never go in at all. So stagnant. Haaha

A counter with only 8.2m quarter's profit(as at last quarter) closed at a market price of RM 31.10 today...
https://www.theedgemarkets.com/article/genetec-market-cap-swells-rm15b-share-price-hits-record-high

Funny too, right?

Punters/traders thought this is going to be another Telsa. Haha, really??? Market operator really loves them all!!!

neutralist, you have a valid point. I will be less entertaining/sharing towards the naysayers from now on.

From the price movements and trading vol this morning, it appears that the last quarter's result is within market expectation. No big movements.

Anyway, market is usually quiet ahead of a public holiday, tomorrow.
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John1234 Aug 26, 2021 1:53 PM

This is usually "the calm before the storm". Prices can go either way, up or down more in a wider range after the result release, depending on how the market(as dictated by the big boys) interprets the result. So, on the safer side, never try to bet on any corporate result before its release.

In my opinion, to preserve cash for its capacity expansion needs, the company will very likely skip dividend payments for at least the next 1 year or so.

So, for those who are only interested in dividend payments, go after dividend stocks, eg other glove counters or blue chips, etc. One classic example is Genting Berhad. It incurred a huge financial loss as a result of Covid-19 and nevertheless, it still declared a dividend payment as at its last financial year report, in a bid to reward/retain its shareholders.

Shares investment involves a substantial amount of financial risks. Please seek professional advice if in doubt.
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John1234 Yes, I do agree that dividend is welcome news for the investors. But we must not forget that share price will be adjusted too on the xd date. Eg Comfort share price dropped about 8 sen on the xd day recently, when the dividend payment was only 4 sen.