A few days ago I read an article saying the drug was not effective. Today say effective. The timing of the report is impeccable. Today, US reported a 4.8 % drop in GDP.
Some more investors are waiting for the outcome of today's FED meeting. As Usual FED is going to come up with some market friendly measures which is good.

https://www.investing.com/news/stock-market-news/stocks--wall-street-leaps-as-gilead-upstages-weak-gdp-dow-rises-400-points-2154742

Today is nasi goreng tech. Nasi goreng healthcare might be happening tomorrow or next week.

Now is a period of low volume. The number of sellers has decreased. Buyers waiting at the sideline. Waiting for the right stimulus for them to start buying. Same situation happened two weeks ago (price range 1.60-1.70) before the share price start shooting up.

Nevermind joyvest, we shall see who is really dreaming.

A hanging man is in the making, a trend reversal sign. Happened on 21 st April. After that, you know what happened.
Good luck guys. Next destination... RM 2.80.

SBB is in full force now!

It's sbb!

https://koonyewyin.com/2020/04/28/comfort-when-to-sell/

Hipotesis: share price won't go below 2.34 because yesterday's lowest sbb was 2.34.

Let's see if this hipotesis hold water.

You guys wanted correction, you got it. Amid the correction, Dato left a note. It says... I am not done yet. Kikiki...

2.30 was the last share buy back. Most probably won't go below that. Lets see.
Share buy back is just the tip of the iceberg. I think it's a team play here to push the share higher and higher.

Top glove in the list. Could they focus on Supermx as well? Air Asia fly kite. Bumi armada dealing with a product not in demand. Think long term people. Not short term. You sell... These people pick up.

The 2019 list included AirAsia Group Bhd, Bumi Armada Bhd, Bursa Malaysia Bhd, Malayan Banking Bhd, Petronas Gas Bhd and Top Glove Corp Bhd.

Norway’s Government Pension Fund Global, the world’s largest sovereign wealth fund with a market value of about NOK10 trillion (around RM4.103 trillion) registered a 33.19% increase in its Malaysia-listed equity investments at NOK18.1 billion in 2019 from NOK 13.59 billion a year earlier, according to latest updates by the Norwegian central bank’s asset management unit.

https://www.theedgemarkets.com/article/worlds-largest-sovereign-wealth-fund-ups-malaysialisted-equity-investments#.XqZ5LED9uXM.facebook

A Correction there might be, but a brief one.

Steady superman. Gogogo.....

Open gap up. Nice...

@Targeted.

Please check out this website that I found.
It seems, besides gloves and facemasks, supermx also sells other medical products like medical apron, head cover, sponges and many more under the banner of Supermx health care.

Interesting.

https://aureliaglovescanada.com/en/products/

Thank you Kim for your explanation.
Hope on Monday Dato will push the price higher than RM 2.60 before any correction.

@Kim
What do you mean by ' So Jeng Jeng Jeng on Monday. They want catch the small fish?'

Monday might be the next share buy back. Possible range : RM 2.50 to RM 2.60.

As long there is share buy back... May be we can forget about technical analysis for a while. Now is all about fundamental analysis, the future earnings. The company is giving us a lot of hints.

They came. They collect. They push higher.

Topglove fly past seven. Same range as Harta.
Come on supermx... You have a lot of catching up to do.
Gogogo!

Thanks Chief999 for the explanation. History might repeat again.

Something very big is brewing inside supermx. Almost 50 million for share buy back. For sure, this quarter and coming two quarters gonna be massive.
Actually, I like the idea of selling the treasury shares to big foreign companies.
This would put supermx in a different league.

Share buy back may have initiated at 2.26 and may proceed until 2.35. This is based on previous Share buy backs.

Collection.... Just like in the morning. Soon fly again.

Nice maxprofit2020.
Excellent timing.
Massive profit.

Whatever it is... Lets ride together with superman to greater heights and earn nice profit or at least get back the lost money like me
Good luck to all.

@Kim
They secretly bought and keeping quiet. Malu ma!

2.30... to press the button.

I think share buy back will kick off once reach 2.30 above until 2.40 something. Just my guess.

This is really gonna explode. Just look at the buy queue at all the warrants.

This price is stil low. Don't be surprised if today got another share buy back. Still can add.

Those who missed the opportunity to buy low (1.3,1.4,1.5,1.61.7.1.8). Can load up on warrants. C-74, the fastest moving warrant. C-76, the only premium warrant.

Finally... The quantum jump l was dreaming off is in the making. Gogogo...

Confirm got share buy back today.

2.110 already. Hoseh!

2.10 coming soon. Once broken. Don't know on which solar system it will land.

Topglove is flying. Up 21 cents. Coming soon to Supermx.

Aiyoyoyo...Uncle JN88, no more dropping to 1.8 lah. Don't mislead people. Company spent up to RM 40 million to buy back share (1.76 until 2.00).

Supermax and other glove counters namely the laggards are being promoted left and right in many investing groups. It's a matter of time before Supermx goes higher and higher especially during this low oil price period. Incoming the O&G investors.

@JN88 Go go go 2.5

Uncle JN88, what happened to to your Go go go 2.5?

Those who sold today are going to rush to buy in when it shoots up tomorrow.
Quantum jump tomorrow.

Hanging man has formed. This is a trend reversal from yesterday. Tomorrow gonna shoot up even higher.

Strong rebound. Hopefully can sustain. If yes, its not falling knives, its durian runtuh. Kikiki...

From 1.88 to 1.80 and now 2.50
Hahaha...

TP 1.70