If tomorrow still down trend, then this stock can say goodbye d..

today selling is more than buying @ 10 cent but volume is not high. Probably correction to go downtrend. Hopefully good news may push up the price. Just wonder when only.

The candle stick shows up trend. If today or tomorrow break the 13c, it can further up few more days just like XOX.

I think the NST news might be rumor to push up the share price since the NST itself put a question mark on the tittle. 10B investment for the 5G is very huge amount of money and I doubt for China company will invest on it. XOX may not require the 5G spectrum licence from government to built the 5G infrastructure for other telco since it did not own the 5G spectrum. For 5G solution provider, I just can think of Huawei and ZTE that have capable to build the 5G infrastructure.

Since US banned Huawei and ZTE, I am not sure if our local telco will follow not to use 5G infrastructure from China or not but if use reference from Singapore gov not using 5G from China, I think Malaysia might follow too to avoid get any ban from US.

Share up probably push up by bankers. If the ban is still not lift by US in 2 to 4 weeks, it may reverse the share price. Just hope UK, Australia and Europe do not follow US. 25% Top Glove sales from US and selling price is 5% higher than other country (according to BFM) would trigger the profit lost. Other country that wanted cheaper glove price prefer purchase from China instead of Malaysia made.

@DonLee, All the while I just read the forum and did not contribute anything and decided to share and required to register for comment. I have read all the posting that you done, all posting is rubbish and nothing based on your own thinking and no fact support and news. Anyhow, is just wasting my time to argue with nonsense people. I can assume you are a young boy who just started learn to buy share since your registration is just started on May this year. I also think you might be a banker who wish to push down the price to acquire more share at the target price.
But anyway, banker will not wasting their time to read and reply this forum since they receive news faster and accurate than this forum and their buying power and selling power much greater. We here all Ikan Bilis power which make nothing changes of the share price. Only tumpang the ride.

@DonLee do your research and don't be lazy to get free news and info from other people. Be realistic and read their announcement. They also did not mention Semperit until get query by Bursa about the news on Semperit. WRP is my own research and possible company that can be acquire due to this company need capital injection to sustain their operation comparing to other glove company.

Say goodbye to Top Glove. If banned by Us Custom, most probably it will took 6 months to 1 year to get lift out of banned. I believe it will follow by Australia and UK. The case is not new and reported since 2018 by ABC news. The first banned company is Wrp Asia Pacific Sdn Bhd (WRP) started from Sept 2019 and was lifted on March 2020 due to insufficient glove stock in US during Covid 19. It is pretty lucky for this company where their product mostly export to US, Europe,Japan, UK and Australia. WRP is under Ansell supplier chain to export to US. Same to Top Glove too. WRP banned lifted after they have comply all the regulation. But this company have financial problem and I believe MQTECH potentially will acquire this company instead of Semperit.

https://www.malaymail.com/news/malaysia/2020/03/25/us-lifts-ban-on-malaysian-glove-maker-wrp-asia-amid-shortage/1849941

Top Glove said that their sales 25% is from US. Soon the share will fall like crazy and the share price is up becoz of speculation that US will lift the ban soon. Just took WRP for example which took 6 months and luckily lifted early because of shortage of glove.

https://www.malaymail.com/news/malaysia/2020/07/16/top-glove-says-can-continue-to-ship-to-the-us-despite-detention-order-issue/1885232

Top Glove still ship the glove to US but parking their contenna at the FTZ and if after 2 weeks, they have to divert the contenna to other country which I think the cost will increase.

WRP also has the BOD management problem which caused MACC investigation.

https://www.thesundaily.my/business/wrp-asia-pacific-confirms-raid-by-macc-HF2546867

I believe that MQTech is the best to inject the capital to this company and change the management will bring all company into profitability. Anyway, WRP can capture the 25% of Top Glove sales in US easily including their supplier chain customer until the Top Glove ban revoked.

Probably 1 or 2 weeks from now will get good news from MQTech and the share will easily go up. If MQtech managed to secure the Semperit, probably it will up more higher and comparable with Kossan and Supermx