30 sen would be nice, but my gut feeling is that it is not going to be easy to drop that far... Wish us luck!

I feel like there are people trapped at high price bought during last week. This counter usually do not have much buying and selling queue... If these people rush to sell, its share price may drop below recent low of 53 sen.

selling queue is higher than last week. Trapped? Better sell before these people sell

for short term trade, I would suggest you sell when its share price is above RM6, and buy back when it drops below RM6. To me, any rebound is a sell because this has been happening again and again.

volume is the highest daily volume in just 30 minutes of trade. Hmm...

monitoring to see if share price can convincingly break its all time high...

share price is very close to recent high, but this time the volume is 2 times higher. Congratulations to those who still keep this stock !!!

no wonder... I felt like there was some selling since last week while so many other stocks went up. Good thing is that this director does not have any shares left to sell.

When the US market went up earlier this year, our market went down. Therefore, it is possible that when the US market goes down, our market will be up. Besides, even if this external factor is important, what EUPE is doing at company level is also important. Look at India stock index, it is at its all time high. Jakarta stock index also recovers nicely. Is it now our Malaysia market's turn to shine?

Just read ICAP's (ICAPITAL.BIZ BERHAD) latest quarterly report and noticed that it owns a small amount of EUPE share -- 100,000 units. It is a new purchase because EUPE did not appear in the previous quarterly report.

"Separately, auto supplier Aptiv (APTV 160.15, -4.97, -3.0%) lowered its FY21 revenue guidance by about $1 billion amid the ongoing chip shortage..."

from Briefing.com

I believe we should be able to buy below RM6, so there is no need to buy above RM6. it is definitely possible to buy below RM5, especially if there is over-capacity in the industry.

people expected AHEALTH would get the benefit when the pandemic started. Unfortunately its revenue and profit have been so-so for 6 quarters. Disappointed. it will not surprise me if its share price is going back to the price before the pandemic.

IPO price RM0.68? Interesting. Will research later this weekend...

see see first. This counter usually does not have many buyers and sellers. The volume is so high yesterday. If people want to sell, where to find buyers if the big buyer disappears?

this piece of news include the production, average selling price, net profit projection for the next 3 years:

https://www.enanyang.my/财经新闻/等均价触30美元关口-手套大客料购买缓跌势

this piece of news include the production, average selling price, net profit projection for the next 3 years:

https://www.enanyang.my/财经新闻/等均价触30美元关口-手套大客料购买缓跌势

very strange volume. Normally daily volume is less than 500 lots, and the buy and sell queues are extremely low. Now volume is almost 190000 lots within 20 minutes since the opening but the price hardly moves. Lousy operator.

Just read its annual report. Found something interesting...

"The launch of Est8 @ Seputeh, our biggest and most ambitious project to date in KL"

if you keep glove stocks now, you may have to suffer for at least the next 2 years. Revenue and profit should see year-over-year decline. I think it is better to buy other stocks first, then buy it back later

Really need akuantiguru's help to bring down the share price to below 35 sen...

volume is so high.. lots of people already run first

good day to sell

volume today is quite high, already more than volume yesterday with half day to go

【马股分析】全球疫苗接种加速！未来手套ASP 将会继续下跌？！Top Glove 将何去何从！[English CC]

https://www.youtube.com/watch?v=b1pAtRrM96s

for those keep saying the good things about glove stocks, you have ZERO credibility. Since when you have helped existing shareholders to make money??? If what you say is true, why the share price keep dropping? Share price has dropped so much, investors have been losing money listening to you and we are no where near the end of this downtrend.

If you have glove stocks now, better sell. When you look back in a few months time, you will thank these people who are willing to buy your shares at RM2.70 now. You should feel fortunate!!! We have already been told ASP will be normalised in the next few months. Better run of course!

when the market is good, the share prices of glove stocks drop. When the market is bad, the share prices of glove stocks also drop. How to make money like this?

now everyone knows keeping the glove stocks is like keeping a bad card. What do you do when you are dealt bad cards when you play a card game? You have to give up the thought of becoming a winner at that particular game. Instead you throw the cards as much as possible or fold your cards and move on with the next game.

the dividend is going to be lower and lower, and is not enough to offset the drop of share price. Just research of what happened in the past 1 year.

if you study the chart, the rebounds are getting weaker and weaker. I still suggest any rebound is a sell.

Firsthand, next time you have to set your cut loss point... e.g 10%.

You also need to review what mistakes you have made. Losing a few battles is ok, but avoid losing the entire war. Learn from your mistake and you will recover.

I am sorry for your paper loss. I would suggest you sell at least some especially when there is a rebound. Share price now is still higher than pre-pandemic price so we have to be careful. If it drops back to pre-pandemic level, we may see share price at below RM1.

luckily it does not drop like waterfall yet....

GlovesOff, is it true that Maybank lower the price target of value TOPGLOVE to RM1.68? Do you have the link?

"FY22/23 average ASP assumptions to USD25.5/21.4 per 1,000 pcs."

wow ASP for the next 1-2 years is lower than I thought, and also lower than what CEO have mentioned.

Top Glove managing director Datuk Lee Kim Meow said the ASP for gloves is likely to ease by between 8% and 10% EVERY month, going forward.

If share price also drops every month. How?

if share price is also normalized back, it still has rooms to drop because the current price is still higher than pre-pandemic price. How? I still suggest sell high now and buy back later to reduce your cost. Doing nothing will not solve your problem.

quarterly reports are getting worse and worse in these 2 years. Dividend will also be in the downtrend. How? Still want to keep glove stocks?

Not sure how long this rebound will last. Anyway, just remember any rebound is a sell. Good luck!

if share price normalized... it would be less than RM1... Look at the price now. For those who still keep this stock, It is still not too late to act you know. I still suggest sell high now and buy back later.

this is probably the worst forum in i3. People advised not to sell, but price kept falling. And there are still diehards who believe those who advised not to sell???

what if the share price also is normalised, how? Its share price is still higher than pre-pandemic level, which is below RM2. Quarterly results will not have any surprise. Q-o-Q will drop for 2 years. Dividend is going to drop also. I just do not think it is a good idea to get stuck in a stock for years

if share price also is normalized, how? if that happens, share price will drop further to the price level before this pandemic. To be prudent, at least sell some. My suggestion is sell high now and buy back later.

If its share price drops on Monday, I am not surprised. Its share price is already up on Friday and the QR seems ok, nothing really impressive.

why so many sellers today? Easy money?

It has been happening again and again. When the price is suddenly up with good news, people take advantage and SELL SELL SELL. Any rebound is a sell. Do not make the same mistake and get trapped next time.

I am also waiting for price drop, but maybe it is tougher this time. See how...

I queue below 70 sen... see how :) Maybe I am too greedy. Congratulations to those who have bought it cheap

I think fengpinglangjin has a good point.


Posted by fengpinglangjin > Sep 9, 2021 9:44 PM | Report Abuse

SB is SUSPECTED of jacking up profit ...so limit down...

OLD Silterra is jacking up loss and profit siphoned ..

NEW Silterra will report clean and profit like X fab.

X fab is profitable while silterra is loss under old leeches.

entitlement date is to be determined and announced later. Warrants will be credited to your account automatically.
https://malaysiastock.biz/Company-Announcement.aspx?id=1346414

a factory in US does not seems to be very exciting as the cost is high over there. Also the vaccination rate over there is not very high as people are sceptical. Not sure if it is worth it.