If analysts are right all the time, no one would make a loss in share market already. Thing is they too are guessing all the time but with stats and deeper analysis. TP is derived from existing information on hand and not from strategic information which is P&C. I always read through their analysis and make my own judgment instead of following them blindly.

No results but volume is so high today. Everybody also thought releasing results today?

results usually out after trading hours.

U need to set a watchlist in Bloomberg with your acct to see this. The link won't work if u dun have acct.

Bloomberg reported 6th Nov.

This TA really have to be patient and keep for medium terms. As long as TA doesn't sell its shares brokering business, there is no catalyst to boost it up.

The last quarter they also claimed good results. Turned out all other glove counters good results but not Supermax. No one knows the results except those work in Supermax finance and Mr Stanley Thai. Remiser also guessing like us.

Bull or bear depends on this coming results. If results still not good, then can reduce your stake in this counter and move on.

Parkson was cash rich back in 2012. Yet the counter price dropped from rm5 to around Rm1 now. Cash rich doesn't mean share price would maintain or increase. PHB is a very good business case to reflect upon

if the Q3 results not good, this warrant can go straight to 0.05. If q3 is good, depends on how much the mother shares can jump. For the last 1 year, highest price was RM2.67.

RM1.89 nobody votes for BN? Hahaha. Then vote for opposition

PHB cash left with RM400 million? Used to have RM1 billion back in Q4 2014. Not a good sign then. Been burning cash non stop.

Market responses to the Fed Rate increase deferment to Dec kinda of decision. Hence, most foreign fund is selling to bring back the assets to US market for better interest income.

Q3 2014 earning was 20.2 million. do you think Q3 2015 earning is higher than this? If lower, price sure go down again.

But I believe PHB has reached a bottom price around RM1-RM0.99 cause even last quarter with 90.9 million loss and failed in getting shareholders approval in buying PRA, it didn't go down further. These two news were the worst news for PHB ever for the past 3 years and yet it didn't depress the price further.

Need to work. Not all the time can come in and comment so freely like u lah Andy88.
0.01 sen drop only...steady...CIMB dropped 0.15...busy watching CIMB today.

volume is back but the price yet to move.

Just wait for the quarter results. 6th Nov. Another 8.5 trading days. That would set the direction for growth or drop.

BullRunComing, there is no specific link for the results date. You have to create a watchlist in Bloomberg before you can access the data and info.

from Bloomberg

6th Nov quarter results out. 8 more trading days to go. If back to 2.05, I will collect more. Need to prepare bullets now

How come no one said take profit except for Alpha Trader. All also cut loss? U guys really entered when the price peaked?

Andy88, i never all in for one counter. Got to invest with calculated risks. So far, I have 5 counters under my portfolio and Supermax is around 18% lah of my total portfolio value. Don't ever all in....You will enjoy it when you hit it, else not, it going to wipe off all your capital and you are out of the game.

Sikit sikit wanna jump ship and cut loss, better don't invest in stocks. It's common for shares to be volatile. Just see Digi, solid counter also can drop.

Today whole most counters in Bursa also Red due to US Fed meeting. Just bear with it until Thursday or Friday.

Anyone received their dividends payout already?

Btw I not even concern if it down to 2.20 as my holding price is way below that and I have been holding Supermax for months. For those who entered at 2.30 and above, maybe they were the one selling.

Andy88 is creating fear. LOL.

Haha. Parkson is here to promote parkson counter. It s totally out of topic

BullRunComing, there will always be contrarian in i3. Don't get yourself too caught up with them and focus on your vision. Share markets is zero sum game, if someone is making profit, there would be someone making loss.

Today is T+3. Most on margin call would sell now.

Taxation from 25% to 28% is only apply to the rich and how many actually earn more than RM1 million per year? It's just a small and privilege population to earn such an amount. As for min wages would definitely affect those who rely heavily on cheap labor but with RM100 increase, it won't really impact much compared to the last increase. Companies have 8 - 9 months to prepare for this increase. With much automation in glove industry, this min wages increase can be easily absorbed.

All of sudden so quiet in here. Everyone waiting for Budget 2016?

The average USD1 exchange was around RM3.56 back in Q2. Hence, it definitely would affect the earning for Q3 when the exchange was above RM4.

Pressing down again....Ahjib88 go and focus on your budget speech laterlah. Dun kakacaucau here.

Lets wait another 10 hours and see how the market responds to this news.

This FMR could have been accumulating Supermax for long and since it's not a substantial shareholder, there was no announcement. Since it became substantial shareholder, as per the announcement up to 15th October 2015, it has purchased additional 600 lots. If we put the average price at 2k, the fund has only pumped in RM1.2 million only.

ahjib is getting a no confidence motion in parliament and he is now trying out his luck in shares market.

The main catalyst is the results for Q3 which should be announced in early Nov.

Normal meaning nothing happen...?

Flushing begins.....

Sarawak mostly will fall back to BN. U guys forget the recent delineation exercise? They are creating more state seats in preparation for the state election.

most ppl kena makan by big sharks. Now, it's at 2.32-2.33...Normalized back. Next wave is to create the hype again during afternoon session and may push over 2.45 at closing. Then ppl get excited again and buy in again tomorrow morning. Then the game starts again.

RM2.35!!!!!! Will it hits RM2.4 today for closing?

rise like a rocket.

http://www.thestar.com.my/Business/Business-News/2015/10/20/Top-Glove-plans-to-buy-at-least-one-peer-in-2016/?style=biz

And the cheapest in the market is Supermax. Besides, it is Chinese businessman controlled and easier to negotiate without political interference.

Flush out small players fo maximize their profits

high volume and that would mean someone knows about the insider news but we don't

If Supermax posts a poor results, then the impacts will be extra damaging as its peers posted good results.

good volume today. Something brewing?

63.44% shareholders voted against the proposal for internal reorg and purchase of PRA. No more 10 sen dividend. Those who believe in this are trapped now. PHB should back to RM0.90-RM1