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2016-02-23 17:17 | Report Abuse
Supermax down again today. Disappointing especially since results supposed to be out later this week. Continue to believe Supermax is on longer term uptrend as fundamentals are strong. As last two days showed, the day-to-day movements are very difficult to predict. Keep eye on big picture, have patience and hope for the best!
2016-02-23 17:08 | Report Abuse
You talk like small boy. Hehe
2016-02-23 16:55 | Report Abuse
Looks like today Supermax is not rebounding in the afternoon and not closing anywhere near 3.25. The same I said all this while, short term very difficult to predict. Focus on the big picture. Hope for the best!
2016-02-23 16:50 | Report Abuse
You should read my comment closely. hehe
2016-02-23 16:23 | Report Abuse
Yes I agree with you, those target prices can come true. Then you will really have a nightmare. Hehe
2016-02-23 16:08 | Report Abuse
ringgit at 4.2055, sharply weaker
2016-02-23 15:51 | Report Abuse
I don't follow Kai's recommendation anymore. Have been following eason's and i must admit he has been accurate recently. Let's see if Supermax will go up this afternoon to close at 3.25 today as he predicted.
2016-02-23 15:41 | Report Abuse
Short term predictions difficult to get right, keep eye on big picture.
2016-02-23 14:54 | Report Abuse
Top Glove recovering, maybe Supermax will follow soon too. Karex up 3.5%
2016-02-23 14:43 | Report Abuse
Wow, you got crystal ball, hehe
2016-02-23 13:42 | Report Abuse
I hope more action in afternoon too but day-to-day movements difficult to predict. Stay focused on big picture.
2016-02-23 09:00 | Report Abuse
USD not everything. Macro picture has improved. Global markets finding short term bottom. That should be good for sentiment for good stocks like Top Glove to rebound.
2016-02-23 08:27 | Report Abuse
US markets up sharply last night due to oil price rebound. Global markets finding short term bottom which is good. However, with ringgit stronger at 4.1705 this morning, it could hit sentiment on exporters this morning. Fundamental picture still strong for glove players. Daily movement are difficult to predict but Supermax is still uptrend. Hope for the best!
2016-02-22 13:25 | Report Abuse
Don't worry about why drop slightly this morning. Keep focused on big picture. Fundamentals strong and uptrend looks very much intact.
2016-02-22 10:14 | Report Abuse
Global markets finding a short term bottom. Looks like Supermax can rebound further and may make new highs soon. Hope for the best!
2016-02-22 08:39 | Report Abuse
Good morning! With Dow Jones holding up well last Friday and ringgit quite steady at 4.2128 this morning, hopefully the positive momentum last Friday will continue this week. Results out maybe this Friday. Hope for the best!
2016-02-21 07:33 | Report Abuse
Hehe. It will be interesting to see the answers to this one.
2016-02-19 21:29 | Report Abuse
no chance of reaching 3.50 again?
2016-02-19 21:18 | Report Abuse
Yes definitely but when small caps running like mad last year it did not take the opportunity to run with the crowd. Now when markets weak and volatile, it is trying to re-rate. Sigh. Timing not so good. That is my main worry.
2016-02-19 20:41 | Report Abuse
I believe 3,80 also cheap but lets wait for results first and see how. Their margins and efficiency have been lower than others, they can easily improve them.
2016-02-19 17:10 | Report Abuse
Ok, thanks guys. Then got another full week of buying interest for the results.
2016-02-19 16:59 | Report Abuse
Anyone knows which day results out next week?
2016-02-19 16:50 | Report Abuse
Interesting thought. Good to be careful.
2016-02-19 16:48 | Report Abuse
Didn't reach 3.20 but close enough. Great job guys! As long as macro picture stable over the weekend, then maybe Monday can rise further. Hope for the best!
2016-02-19 16:42 | Report Abuse
94323, don't waste your time and energy. Some will call a sell no matter what.
2016-02-19 16:39 | Report Abuse
Mine too but in short term I prefer Supermax because of results next week.
2016-02-19 16:37 | Report Abuse
That would be a great weekend then, hehe
2016-02-19 16:36 | Report Abuse
This is how it happened last two days too. Same method.
2016-02-19 16:34 | Report Abuse
Broken! You are right eason10.
2016-02-19 16:33 | Report Abuse
weng77, Top Glove is fine but I still think you should have stayed in Supermax, hehe.
2016-02-19 16:29 | Report Abuse
OK got 15 minutes to see whether can break or not. I of course hope it can! hehe
2016-02-19 16:26 | Report Abuse
I agree it looks like a block at 3.16 but maybe last minute they allow it to break through so next week can start high? Hope for the best!
2016-02-19 16:19 | Report Abuse
Why you so sure won't break 3.16?
2016-02-19 16:06 | Report Abuse
Notice how Top Glove moving up to its day high?
2016-02-19 16:02 | Report Abuse
Wah you got good crystal ball, hehe
2016-02-19 15:57 | Report Abuse
Big block of sellers at 3.15 and 3.16. Over the last two days, always managed to break sellers and close at high. Hope so again today!
2016-02-19 15:54 | Report Abuse
Could be and I hope you are right!
2016-02-19 15:47 | Report Abuse
Today market a bit quiet. Also got persistent selling pressure.at 3.15. However, I noticed got steady buyers come out to push back price to 3.15 every time price fall to 3.13. That is a good sign. Wait until sellers exhausted then rally can continue. Have patience and hope for the best!
2016-02-19 15:41 | Report Abuse
Sorry Ruby, guess you asked two wrong people about predicting prices, he he. It is not we don't want to share but we are just being honest. Don't worry, there are many on this forum who insist they can predict very well. I am sure they would love to show you how you can be a millionaire before you are 20 years old. Of course you should check for yourself and make sure they are as good as they claim.
2016-02-19 15:24 | Report Abuse
If I can predict prices exactly in the short term, I would be very rich already. You think I would still be spending so much time on this forum? Hehe. Can make good money in stocks but it is through hard work, a lot of patience and some good luck won't hurt too. If you want short term and 100% sure price target, there are a few others on this forum who insist they can do that correctly all the time. Maybe you would like to consult them and decide for yourself.
2016-02-19 13:44 | Report Abuse
will it go lower than 5.55? That one need crystal ball. You think someone actually knows for sure? Hehe
2016-02-19 13:41 | Report Abuse
I rather ringgit is not so volatile. When it weakens it is good for sentiment on exporters but when it strengthens, then there is selling pressure on the stocks. Soon everyone scared and dare not touch glove stocks. Better to focus on the good fundamentals.
2016-02-19 12:13 | Report Abuse
Market a bit quiet this morning. Once market warms up, maybe we see more action on Supermax.
2016-02-19 09:25 | Report Abuse
Macro picture looks good. Ringgit stabilizing and regional markets holding up well. Looks like it could be a good day for gloves today.
Stock: [SUPERMX]: SUPERMAX CORPORATION BHD
2016-02-23 17:28 | Report Abuse
It takes more than good results to move a share. The macro picture must be right too.