I JUST CANNOT UNDERSTAND WHY KENANGA IS ALWAYS A DISTROYER OF GLOVE SECTOR????

NOW ALL WILL DEPEND ON RESEARCH HOUSES, AND IF THEY ARE WILLING TO GIVE A NEW GOOD TP.. SO FAR TA SECURITIES HAS DONE A GOOD JOB, GIVING 4.30 AS A NEW TP.. THIS IS VERY HELPFULL FOR THE CONTINUEATION OF THE UPTREND... HOW BOUT RHB, ARE THEY GLOVE SECTOR FRIENDLY ONES???? WORRIED BOUT KENANGA, USUALLY THEY ARE GLOVE SECTOR DISTROYERS.... THEY EVEN MIGHT COME OUT WITH NEW REPORTS, SAYING THAT THE WHOLE GLOVE SECTOR IS ALREADY TRADING HIGH, AND IT NEED S A CORRECTION.. THEY HAD DONE THIS BEFORE.. THEY ARE REAL DISTROYERS.. WHAT OTHER RESEARCH HOUSES ARE FRIENDLY ONES, TO GLOVE SECTOR???? ALL THE POSITIVE NEWS ON SUPERMAX ALREADY CAME OUT, ANYTHING IS STILL PENDING GUYS???

4.11 to 4.21 resistance level

Supermam (SUPERMX, 6033, Motherboard Industrial Products) was trading on the daily line and closed at 4.10 ringgit on closing on June 14th, up 19 cents or 4.86% on a daily basis, and the short-term resistance may be at a level of 4.11 to RM4.21

KENANGA IS ALWAYS ANTI GLOVE SECTOR, THEY NEVER INVEST, THEY GET JEALOUS, IF SUPERMAX IS HIGH

GUYS FROM TOMORROW, IF YOU HAVE ANY INFO ON NEW TARGET PRICES GIVEN BY RESEARCH HOUSES, DO UPDATE IT HERE.. THANK YOU

As long as supermax price is linggering below research houses target prices, it will be safe from UMA, let it retrace a little next week, to get a new support level

Maybe next week RHB will also give a good target price on supermax

Now the price play of supermax should be below 4.30...cause TA already given new target price of 4.30...hope this kenanga do not pump in, some negative news on glove sector.. Kenanga always does this

ONCE NEW TARGET PRICES ARE GIVEN BY RESEARCH HOUSES, THEN NO WORRY BOUT UMA

FROM ALL THIS POSITIVE THINGS ON SUPERMAX... GUYS TA ALREADY GIVEN NEW TARGET PRICE TO SUPERMAX, 4.30...SLOWLY OTHER RESEARCH HOUSES WILL GIVE NEW TARGET PRICES... IT WILL HIT 6 BY YEAR END

Even though there will be gas rate rise, it won t affect supermax much, cause they will pass it to consumers...

Ringgit will weaken till year End to 4.05, GOOD FOR EXPORTERS

http://www.theedgemarkets.com/article/kenanga-revises-yearend-ringgit-target-405#.WyN8nyc_nx8.whatsapp

RSI should get diluted

Yes anybody attended their stupid f... king AGM?

In going forward let s see how far the weakening of ringgit will go? The longer the sebetter for glove sector

Lucky TA given a new target price 4.30...or else this counter already kena UMA, lucky a lot of positive news coming out always for supermax

http://www.klsescreener.com/v2/news/view/392227

All news must be read n understood

*Glove Manufacturing (UNDERWEIGHT)*

*What’s New?* The avg gas base tariff will be adjusted to RM31.92/MMBtu for 2H18. Also, a surcharge of RM0.77/MMBtu will apply to all tariff categories (under the gas cost pass through mechanism), translating into an avg effective tariff of RM32.69/MMBtu. This represents a 2% variance to its avg base tariff and <1% increase to the previous avg effective tariff of RM32.52/MMBtu.

*Comments:* Energy expense makes up 12% of glove makers’ production costs; every 10% increase could reduce glove makers’ FY18-20 earnings by 6-7% (this assumes additional costs are not passed on to customers). We have largely factored the additional cost into our forecasts; note that impact on sector earnings should be minimal (except for some volatility in quarterly earnings trend) given sufficient time to carry out an effective cost pass-through. Further, glove makers are trying to mitigate the impact through: a) product mix improvement, b) innovation, and c) productivity gains from the automation of manufacturing lines.

*Recommendation:* Maintain Underweight. We stay tactically bearish on the sector on valuation grounds (+2SD above 5-year forward mean PE). There is a budding risk of short-term earnings disappointment and this will not bode well with the market.

In the market there are positive news n negative news... Some are good n some bad for glove manufacturers

Something like BONUS is Coming...

It will retrace a little now

Stupid company

But who knows tomorrow, anything can Change

Ewein still a step higher then opcom

WHEN TALKING BOUT FUNDAMENTALS, EWEIN IS THE BEST FOLLOW BY THRIVEN... WHEN TALKING BOUT TECHNICALS OPCOM IS THE BEST FOLLOW BY EWEIN

Sure they are going to open their tight zip mouth and will say some falsehood cock stories again

Let s wait for wednesday, and see type of snake dance they are going to perform

I think AGM is on wednesday, do not know what Cock Stories they will be talking again

Post removed.Why?

They wasted so much of TIME in their indian powerplant projects... Should had decided long ago, to cancell it... But this stupid bas.. rds, are doing it now, reducing their stakes in indian powerplant projects

During mahathir time, this company will be fu..k more badly, till it approaches PN17 STATUS... DEBTS are very high at the moment.. Construction projects are being cancelled.. Now they have to walk naked, and do their bollywood dance, infront of us all

Real bas... ards, does not know how to do business... Wasted people money, and time.. Real ass holes

They are still hiding something bout their indian powerplant project, ONLY SECURITY COMMISSION CAN OPEN UP, THEIR TIGHT CLOSED LIPS

NOW WHAT WE HAV TO DO, JUST WAIT FOR THIS COMPANY TO DIP INTO PN17, Status

THIS COMPANY REALLY PLAYED ARROUND WITH INVESTORS MONEY, WITH THEIR SWEET DELAY DALAY TRICKS... REAL BAST...DS, WAITED AND WASTED PEOPLE MONEY N TIME

This company will be completely dead during mahathir times

ONLY SECURITY COMMISSION CAN CONDUCT THE INVESTIGATION

DO NOT TRUST THIS COMPANY IN WHAT THEY ARE TALKING.... JUST WRITE IN TO SECURITY COMMISSION, REQUESTING TO OPEN UP THE OLD FILE WHICH IS KNOWN AS POISON PEN LETTER... THIS MUDAJAYA COMPANY MANAGEMENT ARE HIDING SOMETHING..

SOMETHING THEY ARE HIDING BOUT THEIR INDIAN PROJECTS... THEY ARE VERY GOOD AT THIS TYPE OF JOB, IN HIDING THINGS, AND PLAYING DELAY DALAY TRICKS WITH INVESTORS MONEY... SECURITY COMMISSION SHOULD OPEN UP THE INDIAN CASE AGAIN, TO FIND OUT WHAT ACTUALLY IS HAPPENING NOW... ONLY SECURITY COMMISSION CAN DO THIS,, ALL INVESTORS SHOULD WRITE IN TO SC, REQUESTING THEM TO OPEN BACK AGAIN THEIR INDIAN CASE AGAIN... I AM VERY VERY VERY SURE THAT THEIR INDIAN POWERPLANT PROJECT ACTUALLY DOES NOT EXIST AT ALL.. THEY ARE JUST F... CKING ARROUND WITH INVESTOR S HARD EARN MONEY

Now i think this will lead to PN17, and closure of company.... They does not know how to do bisiness... Real fu... king bastards

Company is completely f....cked badly by indian authorities, indian mada a lot of money from this stupid company, with stupid management

Idiot searching for idiots

Crazy

It have to break 92, and 95 strongly, then it will go ahead

Soon this counter will become God

Still holding there strongly

92, and 95 are resistance levels