Nevertheless, we're still in correction...hopefully, close to the bottom...this is expected. So, hope everyone gets their share and move up together ! All happy...

@ financialfreedom35

In a nutshell, you're saying SOUR GRAPES !

we just have to realise it's correcting...prices will have to correct...let it come down...let these traders pick slightly lower and we all go up together...happy happy together !

hahahahaha...at least some humility

mitchy09 If i can short it, i will make killing man. But dunno how, is there shorting for retail ppl like us?

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you've been talking like a champion and you ask a question like this?

Why worry about Q2 GDP report when...

- Gross exports in June is the highest in 2020.
- Wholesale and retail trade is back to precovid levels
- Credit card transactions back to March levels
- IPI & PMI in June back to normal
- Loans disbursed by banks back to precovid levels in June..

What matters is what's the figures going forward not the past

BUY ! While it's cheap !

Totally agree
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dreamer74 I dun think this counter is overvalue. Latest QR RM0.3eps, forwarded PE is only 16.2 base on today's price. It is cheap. It will be up for sure but first it need to bottom down. Everybody is trying to catch that.

careful what you wish for...some here shit on the stock, hope for lower prices...it happens, they buy and they're now stuck ! damn f***ing funny...but life as a trader is such...we may be in for one or two more weeks of this...hope not, but just stay firm...good luck, even to those pitiful flip flop traders...

Both sides will have their point of view on things. Go back to human behavior. During correction, everybody will panic and sell out of fear. Then when it starts to run. Everybody will jump back in out fear also. Fear of missing out. Greed kicks in and all the co*k talk about vaccine is out the window. At least for a while. Happy trading

Both sides will have their point of view on things. Go back to human behavior. During correction, everybody will panic and sell out of fear. Then when it starts to run. Everybody will jump back in out fear also. Fear of missing out. Greed kicks in and all the co*k talk about vaccine is out the window. At least for a while. Happy trading

Happy trading

Both sides will have their point of view on things. Go back to human behavior. During correction, everybody will panic and sell out of fear. Then when it starts to run. Everybody will jump back in out fear also. Fear of missing out. Greed kicks in and all the co*k talk about vaccine is out the window. At least for a while.

1) This is the first correction that's more than 20% since the hike from 6.50 to 24.40, therefore, can we take stock of things a little before we overreact? That's one helluva amazing hike without a huge correction.

2) Plus when TopGlove reported an excellent result on June 11, the price went to a high of circa 18 to 14 within six days after, roughly 22% drop.

3) Similarly, Supermax has thus far dropped 25% from the high (accelerated by the Russian vaccine hoax, no doubt).

4) TopGlove soon after the decline went on a long ascent, with one little blip in between due to the US customs issue, before today's correction.

5) So, please take note, the correction is due, and this may not and should not be the end of gloves.

But up to you to decide.

buy on weakness ! this washout is for the gamblers...especially those penny stocks !

This Russian vaccine really played up hard by those who were shaken out on Monday or sold off high yesterday! What to do, we just have to co exist with traders.

I’ll think twice about taking a vaccine even after two years of testing, let alone no Phase III testing. Buy on weakness !

The US market went down with Russia vaccine news? Really? Shouldn’t it be rallying if it’s gonna come save the world?

At the very least the Chinese is doing a Phase III

@ Greedy44444 - I think the operative words there in your article is, “study will last 6 months.”

it's one thing about having a vaccine available, but it's another to get people to get vaccinated...especially one that has not been properly tested ! unless you do it at gunpoint ! so please stop talking like it's so easy to administer...

it's a political ploy by Putin...anyway, don't know how people will react tomorrow...my impression of late is the vaccine story is a non event to people. just noise, as people are now more aware that vaccines do not come overnight

owner swiped loads more shares at about RM6...very soon this stock will be incredibly cornered, if not already !

simple...the naysayers want to buy in cheap in anticipation of the bonus issue !

@chasebros - Exactly, they have actually exceeded expectations, hence revisions. My hope is comfort is able to increase their prices and PAT margins. Supermax' margins are phenomenal.

the west is not going to inject themselves with something from communist countries. Let it be china or russia. Period

all those haters, please piss off !

399 mil

@alexByob, I’m kinda disappointed too. Taking their revenue and quarterly output into consideration, it doesn’t appear like comfort had strong pricing power as compared to careplus nor ruberex. If the last quarter, comfort managed to raise their selling price by 2 to 3 times, then we will have a strong chance of big profits. It’s now mainly about the average price sold per quarter. We can only hope !

Kelvin17, I appreciate your statement. However, can you share with us some facts rather than an anecdotal comment. We are, after all, living in unprecedented times. Eg. Is it a myth that demand is outpacing supply? Is it a myth that the waiting list is now 10-12 months long? Is it a myth that glove prices are three to five fold higher? If you have points that show that the price movements are indeed unjustified, then I will definitely agree with you. However, for now I’ll look at it with an open mind.

yahooooooooooooo !

to those who sold congratulations...to those holding, congratulations also !

A reminder:

assume supermx earns 210m the next 4 quarters = 15 sen EPS x 4 = 60sen EPS
25 PE = RM15

That I would say is conservative. So what if it falls tomorrow !

Buy !!!

if you're stuck at 17, average down...

record hospitalisations and deaths in the US...what are they going to use? this will be settled...do we really think this cannot be resolved? Buy !!!

buy on stampede !

if you're not one of those panic selling then why worry? Buy !!!

malaysia produces 60% of gloves? what else they gonna use? plastic bags? time to buy !!!

fundamentally, supermx is still solid. in fact, it will benefit even more...buy on weakness...buy on stampede.

this will cause a stampede....imagine the house is burning and everybody trying to rush out through one small door ! i feel for those force selling

last wave it moved around 7-8 bucks. Assume the same range this wave...6.50+7 = 13.50. Maybe can add another 2-3 bucks? :)

RHB TP 13.88

If you call run !!! every dollar it goes up...eventually you will get it right. Hahaha !

push up, pull back, stretch the weak holders, gobble gobble ! Repeat process....

CIMB revised TP to 12.80. Let the revisions begin !

Kossan AGM 10 July?

Push, pull back, stretch the weak holders, gobble gobble gobble! Repeat process

buy, hold and don’t be shaken out ! You make more than trading for pennies !

Hold and watch your money grow ! Yeeehaaaa !

yeahoooooo !