Yes many cases in the world and comfort made rm16 million only despite the increases of cases. Directors makes more than rm16 million by selling shares to you guys.

@choong Wah kean I realize you deleted all your earlier 3 comments.

@choong Wah kean I rest my case with you. Your explanation basically says it all.

@luckyzai directors won't be selling millions everyday. You can see each director sold an average of 1 to 2 million shares a day.

@powerplay666 I didn't dodge anything. Maybe you bought and lost money. That explains your unhappiness.

@ it was Tuesday. I did expect everything to limit up when topglove qr came up and like I said when the share price of comfort didn't move as expected I took llorofit and warn everyone else to sell.

You haven't answered me did you lose money? Are you holding above rm3?

@allantanks thanks.

@powerolay666 what was your entry price? Did you catch falling knives above rm3?

@powerplay666 obviously you didn't see the bearish signals on Monday. It went up to rm4 briefly. Hover around rm3. 85. Then hover around 3.75. That's when I knew it most momentum. Are you losing money from comfort? It seems like it. Trust me it's not my doing. It is the big boys selling non stop. Go vent your frustration at them. No point crying over here. I am just trying to warn everyone when I saw it going downtrend.

@choong Wah kean let me understand you. If there is a trap and I warn you of the trap then you don't listen and when you actually got trapped you call me sour grapes? At least there are sound minded people who privately message me to thank me because they dodge a bullet. I am not saying it won't go higher but the signs were bearish. Cannot accept that markets go up and down then please don't cry when you lose money

For those of you making money is best to take profit. I took profit. I didn't want to be greedy. I thought it would limit up that day and when the signs turn bearish I just took profit. True enough it went from a high of Rm4 that day and in a few days later down to rm2. 93

@powerplay6666 comfort did go up to rm4 from rm3.64 that day. I didn't manage to sell at Rm4 but sold at rm3. 76. I bought comfort at rm1. 20 and held onto it.

@allantank if you have a qr result like topglove I would ask you to buy it now and hold for 3 months.
The sluggish performance of comfort even after the release of topglove does tell you something is wrong. Doesn't make sense for directors to dump millions of shares everyday.

I sold at rm3. 76. Exited and I did my duty to warn everyone after.

@powerplay666 you must be newbie, markets go up and down and the moment you see a downtrend you must have enough discipline to cut and move on

Everytime it is always greed that brings a person into losses. Just be happy with your profits. Because when the time the big boys throw you can't exit on time.

I am not entering gloves anymore. I made a total of rm500k from 4 counters. Namely comfort ruberex careplus and supermax. I will wait for September.

At current prices and valuation Optimism will make you think illogically. If it was 2 months ago I can safely hold and not worry about it.

Anyway, at rm16 million profits and the volume trades up to rm200 mill a day. If I am the director I just need to sell more shares. Its better than waiting for 16 million every quarter lol

The real profits is in your optimism. Makes more money for them than gloves itself.

@energiser I bought careplus when it was 50 cents and I sold at rm1.30. I never look back.

You guys are betting it will go higher. I am sure in 3 months time it might go higher if the earnings kmprove but currently it is fairly priced.

Don't forget the big boys are one step ahead of you. They will exit way before the TP is achieved.

You guys never think uncle kyy will need to exit this counter too? Directors are actively selling everyday at current prices because they know this is a cycle. Might not happen in their old age again. So milk the most out from it.

Problem is 90% of you guys are being optimistic when prices have already gone up so quickly from a low of 80 cents to a high of Rm4. 20. Those are fueled by margin financing.

@croxxx supermax just released their results less than a month ago. So wait for another 3 months.

Energiser that's because careplus was losing money every year..... They had a JV with ansell after to boost confidence in their distribution and marketing.

Downtrend for comfort next week. Over valued. With the release of their QR report it goes to show that at rm2.93 it is overpriced. It should be around rm2.30.

@powerplay6666 the TA changed and I sold immediately when I saw the bull trap. This is life. I for one assume topglove qr results would boost but when I realize that IBs were selling way ahead of the Qr results that's when I sold. On the same day I warn people if the downtrend. Them 4 days in a row it went down from a high of rm3. 90.

If you guys chase above rm3 it would be expecting them to be making Rm50 mill the next quarter. If you want it to be rm4 per share expect them to be making rm70 mill. With the FDA level 2 it might not hit their target next quarter. So good luck.

@fairtalk not impressive to justify current share price. At 80 cents per share they were already making 8 mill. Now at rm16 mill profit share price should be rm1. 60 and if I am being optimistic I will factor in another 80 cents for the next quarter for increase ASP. So would be around rm2. 40.

Maybe both gets burn if don't know when to walk away

Targeted those getting burn are not traders but investors

OrionlXL potential long run? OK I will buy at a lower price when it bottoms to a fair price for its current EPS and QR report. You keep on holding. It is almost rm3. It was making rm8 mill last year and the share price was 80 cents. Now its 4 times the share price. Qr report is not very impressive. Even profits double and plus future price earnings factor into it, it should be priced at rm2-rn2.20. Not to mention the FDA level 2 could impact their earnings further. Time to wake up.

It is not how much you earn it is how much you can save. That is the usual saying. In the stock market, it is not how much profits you can make but how much money you can save from losing.

I feel sad for him. I made money from mudajaya before. Everything is a cycle. Nothing last forever. Always know when to walk away.

Yth8888 discipline is important. Capital preservation is very important. As long you are making money you are a winner.

Yth8888 why didn't you tell your friend?

Whoever is making money can sell already don't let your profits become losses. It looks like if topglove doesn't manage to break the resistance next week all glove counters will probably correct with it.

Honestly you guys are being overly optimistic. If you bought when it all started then you would have made a lot of money. Take profit and don't be greedy.
Comfort just released their QR results and even though profits went from rm8 mill to rm16 mill. It still doesn't justify the current share price.
I believe the share price will correct for all glove counters before it goes up again.

Even so, I would not touch any glove counters just yet. Just watch the show and let it bottom first.

Safest bet is topglove. Even supermax now have a lot of contra and who knows when KKY will tee ake profit for Supermax.

This counter miss the boat already. Look at topglove and supermax. Crazy to think now that it even went all the way up to Rm4. 20. So over valued. Rm2 is my fair pricing for this counter l. Even the directors know. They sold so much shares.

Rm2 will be a fair value

Monday will drop. Results not impressive enough.

If you look at the closing yesterday there were like 10,000 lots queueing to sell

Monday will continue to sell down. If it goes up initially faster sell and exit before it comes down further. All glove counters are fairly valued. Look at the amount of people trapped.

Close red again.

I will buy when it goes up. Don't mind missing the first wave of green profits. Above rm8. 50 on strong momentum I will go in again.

Tradetoinvest. Yes you are right. If you want to see that kind of momentum you will need the margin financing players again but if they come back they will screw up the counter again because they will be forced to sell. Vicious cycle.

I am keeping my 7 digit bullet when it reverses.Certainly won't buy now.

Yes very risky

I will grab when it goes uptrend. Go all in. Support broken rm8. 20. It's risky to grab

All I hear is grab grab grab. No one is rationale anymore.