@Careless_Whisper its not about the demand... its an undeniable fact that glove & PPE industries will continue to grow financially for the next 18 months... but what is the main concern & danger now is its about the valuation aggregate :) what is healthy is steady growth with some level of slow/mild aggression with its fundamentals... but what happened was that the climb was made really way too aggressive in all gloves & goreng very dangerously... it cannot continue to climb at this rate, else you'll see a ticking time bomb... this is somewhat what happened in NYSE in 2010 that the US gov brought a law & mechanism to protect this kinda manipulation in stock market... this is a good company with growth anticipated, but let the correction take place before entering, my advise... it is a total mess

p/s : this is not about Careplus under demand, try to see how many other counters share the same trend & Adventa, HLT, BCMALL, Comfort ... like a mirror movement... this is how bad it has been goreng-up & manipulated for mass profiteering operation... it is totally detached from the individual company's fundamental..

@limec86 there is some difference actually.. O&G really bad financial QR for the next 1.5 years for sure... its very risky... where as, Karex, hmmm... u'll know soon... they're facing very huge demand but unable to deliver because of the logistic & production complete stop for almost 10 days during MCO & 50% operation during CMCO before running on 100% cap now... economies are also reopening now... so, watch out & prepare for the next bulls upfront... there will be a few counters awaiting the economy reopening news ignite the bull...

Serba i like playing the warrants :) but be very cautious in O&G.. u can't hold too long.. u shud know how to play along with sharks when oil prices (WTI & Brent) fluctuates at upper region...

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Value888 O&G? Yes, good timing. Dayang & Serba look god. Best ROE.

@Value888 yes, there is some accumulating going on by some shark/operators.. observe very closely how the operators put the pressure on retailers to give up the shares by keep placing large sell order to force the retailers or weak holders to dispose... and they add & remove the sell order abruptly & keep pressuring the selling pressure... at the same time there is a steady buy volume in smaller qty... operators are very smart... they won't place buy orders in bulk during accumulation period to avoid showing demand signal with the retailers... they know how to acquire the shares at steady lower margin by creating force sell tactic...

@bryn97 i already out now in O&G today morning... velesto & armada... both were bought yesterday and disposed today morning :) i foresee some volume again to pick up in O&G due to the OPEC meeting soon

@JT5774 same opinion as well... atypical of a downtrend soon...

@WarantHunter make your own call... usually i go for a war at red & come out when it is green... if you go in to a war when it is green & climbing aggressively, you'll come out red... i see some potential for this stock & other O&G for short term...

@luigee owh okey, thanks... other TA analyst, would like to welcome your TA as well..

@tsaongaf i suggest continue to monitor first before buying at a good price... somewhat huge volume not disposed yet.. not sure the correction may take how long... @JT5774, how you done your TA ? what's your view ?

@Nazri make sure treat me once you make a few million in mlab & mtronic ok ? :P haha

@Stockhunter88 dear brother, the secret of winning... in both stock & forex... is... knowing when to enter & when to exit :) its a very expensive knowledge

good moves for those whom moved the fund here the last 2 days, wise :)

@sobameehun well, some people yes, some people not :) don't assume please, saying "all"

@Jeju88 yeap... i will move back my fund later once this counter have reached a reasonable price & have corrected... i still see suspicious, manipulated & fake queue movement in Careplus, Adventa, HLT, BCMALL & few other jointly shark operated stocks after the price crash to support the price for members that stuck to dispose... i'm quite very familiar with this... so for now i've moved my funds to a more corrected & stable counters to safeguard the capital... adding i also know where the volume gonna move in the next 2 weeks... glove stocks are still bright in the long run but brace yourself its not gloves temporarily soon... the rally is close to over as the prices are quite dangerously rallied in short timeframe... please lookout for latest news/developments in more other sectors soon to get a hint where the sharks gonna move next... move & exit at the right time... DON'T BE GREEDY to sell higher & don't be too happy & arrogant in the green sea (as i see some fellow forum members here belittle & mock other senior experienced members here with profanity & without respect when they give constructive & honest findings based on their own experience)... please don't :) Happy Trading dear all !

yeap, you can start collecting now... this company having a very high demand orderbook but unable to deliver due to MCO as reported by the CEO... our Malaysian's covid situation already cleared to a good extent and local transmission as well... Thus, expect CMCO to be lifted soon... even so, no Karex already started operating 100% capacity... FYI, Karex is the world's largest condom manufacturer :)

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@WarantHunter Hi gnath_77, Karex can buy now and what is the target price ? Any reason for it to rise ?
02/06/2020 8:57 AM

@WarantHunter if everyone do glove, then who'll make condom ? :)

anyway, hope everyone is fine... please be more vigilant and learn more with experience... Rome is not built in a day

JT5774 yeap... that's the reason many experienced stock players moved the fund out to a more safer counters... good counter but i began disposing on Monday once i got the signal its unsafe anymore... been repeatedly gave hint to all since Monday...

hmmmm.... thats the reason i moved the fund out

@Chung Hou Tan the price margin now is already reasonable... with latest HLG's call

start investing in all the good manufacturers much earlier before the volume starts move in

https://www.thestar.com.my/business/business-news/2020/06/02/fresh-hope-for-manufacturing

@WarantHunter hmmmm... still under assessment... but i foresee a good move soon.. volume from glove stocks may have severe sell-down soon & move to essentials/consumer products soon after CMCO lifted..

@Depeche i also received somewhat similar feedback & warning from 3 of my well experienced banking remisiers with regards to many glove stock's movement past 2 trading days... let's continue to monitor & exercise with caution before we're too early to label them...

@Cupcakes69 those were the days, dear brother.. i feel you... haha... but now its a different era... we need to learn to move with the change... foreign funds are out since 2018.. now the dominant power is in local retail group & local operators on control... time to read signal in and move along to rip the profit... long term investment is a dangerous game nowadays in stock market with current speculative investors... things will be more worse once IDSS is lifted next month

@Buy0nRed hahaha... easy !! just invite them for a tea, show how to pick good stocks with potential... and teach them some basics with past stock movement... somehow i feel if they see what was Careplus share price 2 months ago and what is the price today, they will automatically join :P hahaha

@JT5774 see you soon too buddy ! :)

@Josephinecsy welcome :) we need more retail investor participation... please invite more friends to join trading in stock market

i'm waiting paktua... haha... @paktua, bila mau join this war with your troops ? or u also silently accumulating ? :P

@EagleEye you also here ah ? hahahaha... all my previous Careplus gang... huat ah !!

some funds have started moving silently here through my counterparts (if you notice from 3pm to 4pm).. but kinda regret... coz we made decisions quite late after monitoring the trade very closely...

my advise to you, don't be too happy playing at green sea... or too happy chase high when it is climbing very aggressively :)

@Value888 i saw that as an opportunity... :) today basically u know the reason why... but u also must remember they're the biggest mfg for condom in the world.. and supply is severely disrupted because of MCO.. CMCO is lifting soon... i took the opportunity of the falling price after the QR announcement to grab at huge bargain...

i suggest those whom bought this counter, please hold tight for now for the next few days... MCO operating constrain lead to bad QR... demand is at peak for condom with supply shortage for weeks... please do not dispose at a price you'll regret later... if possible, i would want to lead this boat :) buy and accumulate for now... please dispose late for a handsome margin once the bull operator make a move, thanks

all the best & keep the momentum guys... so far this counter doing quite very well today... was glad to be with all of you guys here for some time... i've disposed what i needed after my own TP.... will be back soon to Careplus/Adventa after correction... temporarily moving another war at red sea in Karex counter...

don't get me wrong, i'm not a shark... haha... but, i just bet big on some signals i was observing since 9:00am today...

yeap... very atypical of the trend... this is how it was for Careplus & Adventa before it skyrocketed... some sharks/operator collecting this counter... those who know how to read signals will understand... anyway, welcome everyone in this boat... i just moved my fund here about 1.6mil.. lets wait :)

hmmmm.... looks like someone collecting this stock, not sure when the bull gonna take off :)

dear everyone, i want everyone to take deep caution and start preparing risk mitigation plan... buy or sell ( for both )... its a reminder...

@bryan2003, please stop it, thanks

exactly... stop irritating the thread with repeated question on QR date... not sure why there is a big hype solely on QR... there is so many other external factors play much very critical impact to a stock than a mere positive QR result release, please... for example, look at Adventa, despite stunning turnaround financial record last quarter and profit but the stock was somewhat stagnant & struggled for so many days without volume before climbing very aggressively only yesterday with a few other stocks that exhibit mirror-like characteristics... so chill.. don't just spread the false hope... don't think that QR is positive, then you will immediately fly to moon or outer space... let's spread the positivity with facts, thanks.

@ChloeTai dear brother, don't be too naive to believe everything people write or push/pull here... make your own credible research & make your own wise decision based on credible facts & assessment.

anyway, it will be out before June 30th... not sure when, but it will before June 30th... so stay patient & believe in your decision (doesn't matter whether u disposed/acquired shares at any price today)... not sure why so many people keep misleading the team on this QR matter... the Careplus BOD is facing some difficulty as of 30th April on the financial report preparation by cut-off date and may foresee further difficulty if MCO extended.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3047637

good closing Careplus-ians... see you guys on Monday !! keep the momentum up throughout :) i decided not to acquire or collect any today as i'm on fund pullback & standby mode for all my shareholdings till Trump's announcement tonight... will bring back fund either monday or later.. depends

@ivanpui93 don't worry :) money u can generate anytime the next day if u have the real gain on hand... none can predict the high point/low point in stock market.. just hit your target gain and start preparing for next war or next target gain... don't turn back to see if we could made more money if u waited... sometime, this waiting for greed will cost big "actual" loss while awaiting "virtual" gain.

@Tradegentlemen hmmmmmmm

@Dragonick extended to June 30th... Careplus asked for extension as well

@Edgratia yeap... it is still not a final sell signal for this company... still have better limit to reach for this glovemaker... :)

@thesigncom are you a malaysian ? if yes, give a try to Maybank for a beginner... its just a simple buy / sell call UI... but it will help.. unless you're playing huge volume, then you can consider DBS... but to cut the hassle being a beginner, i just suggest use local bank brokers for acquiring SGX shares

@EZMONEY13... actually i have quite a number actually... mainly i prefer E-Trade for NYSE... but i also have UBS, IBKR, Maybank, HLB, Rakuten...

by the way, everyone here, don't mis-construct my statement/temporary pull-out for panic.. just have one rule

1) if you're trader/short term... lock profit at every opportunity you can at a good (%) margin... don't lose money just because you want to dispose it much higher... same goes for buying, don't wait too long to acquire it much lower.. in both ways you can very high probability you'll miss the boat... the rule of thumb in trading/short term is, don't be greedy... and don't be sad if you disposed lower than how high it went up... no one can buy at the lowest and sell at the highest... just calculate your own target margin and acquire/dispose once you got it and enter/exit a stock at the correct environment for that stock... be contented with what you have earned in real cash rather than being happy on a climbing fortune which is still just on paper...

2) if you're a investor/long term... then you have more work to do... withholding a stock very long have many levels of risk with public manipulation on the share unit's value... thus the companies fundamental must be very strong to sail through these threats... read and read & read ! read in very detail about the company's past... present ... and future before investing (future growth both financially and operationally is very important as it will assess on your capital gain & interim dividend earnings )

CHOICE IS YOURS :)

@ainsakinah thanks :) yes, NYSE was good yesterday night... so does KLSE today... brought back all my fund... unfortunately SGX running into some trouble, haha... but its normal... nothing to worry about