Also if you got stock you think is a good buy, please let us know.

@Maxpower you seems to be pretty articulated. Would you please share your investment ideas...i.e. which is a good entry point? Your advise is very much appreciated.

Hold kossan, harta and topglove and sleep soundly.

It doesn't matter whether there is a virus outbreak as all the glove prices already dropped to pre-pandemic times. I believe even average sale price is just US$20 plus TG, Kossan and Harta will still generate profit. Among all the stocks, TG will be the winner in terms of capital gain due to listing in the HKEX soon (better market exposure). Based on price movement by INTCO, TG price will hit about HKD38 easily.

So you better wait for trend line, crossover of EMA20 above 50 and buy at higher price like most donkey do.

I hope more big companies will send all foreigners back and give the jobs back to the Malaysian people instead of feeding foreigners that bite your hand at the end by being whistleblowers. So many unemployed talented locals which are more deserving.

Do buy more at PE35. Inari made great profits too. RM4.11 is a good deal plus you got 2 cents per share. 100,000 shares worth RM400k plus gives you RM2,000 return. Definitely a sensible thing to do.

I am not happy Mabel. I want someone to dump the price down to a RM3

@Ryan83, then you wait for that to happen. If you are right, you get them cheaper but if you are wrong, you can always buy them at a higher price. You decide. TA wise, it is showing bullish divergence. Or you can wait after a breakout when EMA20 crosses over 50 and ride the beginning of Elliott wave.

U dump and I will buy more even if I pay more ok. Btw if u can't find value in Harta I suggest u better stay off stock market and focus on FD.

Despite steel rebar in on the lower price level, ArcelorMittal just announced EBITDA surge 6 times yoy. And 20% up higher QoQ. My target price for Hiaptek based on safety margin is about 2x the current price easily.

With the barring of Supermax glove, I expect the top 3 especially Top Glove will soar since demand for glove now tilted to TG and 22% of TG total sales is accounted in the U.S. From previous incident with TG, the barred can hold up to 2 quarters before releasing it. So what is bad news for Supermax could be an opening for TG.

A penny drop is a penny earn.

A penny drop is a penny earn.

A penny drop is a penny earn

Every penny drop is a penny earn.

To retire, buy the 4 heavenly kings: Kossan, Harta, Top Glove and Supermax.

Hopefully price can lower

My triple down is accurate. My dead cat bounce is accurate. I also told you to hit and run. I added that you need to get out while you can to avoid this kind of risk-reward.

Those who bought today, I have already said this is potentially 3 crows. The first candlestick bar is a strong break down. Tomorrow you will loose another 30% while dead cats player are waiting for engulfing signal which requires around 30 million in volume.

The volume need to > margin calls + 2 days of traders who are stuck. Good luck!

Actually, its not serbadk. Uncertainty due to political uncertainty. I believe this is a good chance to collect cheap now.

Based on Fibonacci, the strong support will be around RM0.65 to enter FOMO trading. The ones that bought yesterday, will try to force sell the price today to cut their losses. The one that bought today will try to sell tomorrow when margin calls for them. For price to go up, you need 2x average buyer or about RM19 million in buy volume to go up 1 cent.

Many are jumping the wagon to and play the dead cat rebound....hopefully, it's enough to spike the price up.

For you guys sake, I hope that the dead cat will bounce to ease the pain. Please exit else the triple down is going to do massive burn rate to your stash with potential 80% wipe out.

https://www.cnn.com/2021/06/15/health/us-coronavirus-tuesday/index.html

Apparently this new variant aka Delta is more resistant to the drug.

I worked out future P/E, based on performance I expect 3 black crows with all limiting down. I could be wrong...but don't think so. If there is a dead cat bounce...better exit

Like I said, EPF owns this house!

A jump wipe out all the small players. Panic buy coming in

Big guns coming in...

I only care few things. I bought cheaper than epf... haha

Yes someone bashed supermax forum and told people to invest in Genm instead. Great advice.

Even pre-adjusted ASP drop of 25%, PER is still above RM10. Factor in a drop of volume by 10% price is also above RM8. So this is bad news + short sellers help to push the price down + hitting margin call...then collect, collect, collect

I see. 0.8 cents dividend that cost RM4 per share . You guys are so intelligent. I am in such awe.

https://www.thestar.com.my/business/business-news/2021/04/20/united-airlines-loss-bigger-than-feared-on-higher-fuel-costs-capacity-slide

I believe this is coming: Tony argues that higher fuel cost hampers recovery despite cushion by digital businesses.

WHO just announced one of worse recorded daily case spike of 509,000 cases due to creative mutant and that is to confirm the Covid-19 will be here to stay for good. Buy or sell, your call.

WHO just announced unprecedented spike citing creative Covid-19 mutant with now daily 595,000 even with vaccine out. Apparently, the worse recorded

I expected loss but this is really bad...

Big bosses are buying in chunks now....

@Mabel totally agreed!

Now even Norges Bank from Norway is investing in Supermax.

Top Glove is so grossly undervalue, EPF has kept buying until it has now became the second largest share holder.

Supermax and TopGlove will be the only stock u need to own now albeit tech stock is going up with ridiculously out of whack PE price at 150. Using PE150 from tech stock into glove, Supermax is worth about RM240. Crazy isn't it?

Even People's Bank of China and the Government of Singapore owns Supermax now and they all bought it at 20% above today's price. Think.

For the first time, I am witnessing a company that outperform better than many S&Ps 500 greats that goes into sickening red uncharted territory. And I got to tell ya, I am loving it.

I look through my telescope and saw a constellation. In that space, I notice this star is getting red hot ready to explode. An astronomical movement. Cupertino is where Apple company is. As-tino sounds like a good name.

Just wait, just hold!

@vaccineisreal. Please keep talking. I need you to drive the price lower.

The entry to glove industry at the height of demand is an excellent chess move that will put them in position for 2 reasons.

First, with higher ASP during the pandemic will allow them to recover their cost of investment quickly. Think about the 1 billion profit from Supermax. Scientist already predicted that even with vaccine COVAX, the world will normalize after 2025.

Initially glove order for Fintec is about 39.9 million gloves. Assuming ASP at Europe is price at conservative EU35 or RM170 per box plus additional safety of margin at 30% comes to about RM119 per box. This will account an estimated revenue of RM47.5 million q-o-q or RM189 million.

The EPS is expected to be RM0.015 per quarter. The good news is ASP will be on the rise due to back entry order which pretty much taken up to 2021. It is not only for the vaccine industry but rather for other industrial demands mainly food and sanitizing sector.

Another good news besides low barrier of entry to glove industry is that unlike TG and Supermax where the price reflects current market valuation, Fintec's valuation is not on IB scoreboard yet. Once the big players comes in, the potential upside will be very good. One of their key investor is Sanston Financial Group Limited which is known for spotting high growth stocks.
Finally ESOS at 0.11 must mean something to you. My short term projection is an easy RM0.16 cents target price. It is up to you to buy or not.

They are struggling to push the price down

Always running, always selling. And at the end, you fell into a trap of "buying high and selling low". I can tell you industry PE for gloves is about 35. With PE below 15, you are literally buying cash cow.

If retail investors hold the share price based on GameStop percentage profit, Top Glove will worth about RM119. That is why some even dubbed glove as the new bitcoin now.