9 million shares at 4.31 in the final 10 minutes....who's buying?

The highs are getting lower and lower!

yes, some here butt hurt when people earn some chicken rice money....lol Didn't work for me this round, as even 4.50 cannot reach....lol

The peaks during rebounds are getting lower and lower....4.50 also cannot reach now....

Gone case again...

Still dropping.... really no buying power nowadays....

4.50 sell price also cannot reach....no power....too many just wanting to take small profit....

No power, plenty of selling pressure taking profits....

aiyo...down again....

wah. quite sustainable today....

After the morning spike, flat as a pancake.

Got people still calculate TP based on EPS ah?

Back to stable 4.08....lol

Walaueh...not even 1 hr and people trapped at 4.22...

Not much oomph.... can't even stay at 4.2

Let's see how long this time....last time it lasted less than one day, trapped some at 4.50....

i don't think there will be "recovery" any more...the market already factored in all the transient high profits over the next year, and priming for a pull back to normal sales and profits...

back to how it trades before March last year.....

pretty stable around 4.08, good support below, but no power to go up either...

Green!!!.....up 1 Sen....

Still having holding steady at 4.08....

Like I said, stable at 4.08.....

well supported at 4.08 leh....not bad....

You all realised it's back to the original order, in terms of prices..... supermax back to bottom of the big 4....based on original prices before bonus issues....

BullRun_93 pre covid was around 1.00 not 3.00
12/03/2021 10:21 AM
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Before the take off last February, it was 1.40.....but post covid, the world's use of gloves will be significantly higher, the asp will be higher, Superman's output will be higher, so we will not see a return to 1.40....i give a double projection to 3.00 or 1.50 current pricing.... estimate lah....

I have mostly divested all so once it goes below 4, it may be time to collect....I think it will fluctuate around 4 for a while with high pat expected for another year plus huge cash reserve....

When all the dusk settles, with the world used to living with covid, the fair value will be about 1.50 (3.00 old price) plus whatever cash reserve at that point....

When overall sentiments fall, and eventually asp and Pat falls, the share prices will fall no matter what you do.....but whatever profits kept in hand will stay the same....and will act as buffer for downturns and capital for getting ready for the next waves of epidemics....

Building a large cash reserve is like making hay when the gloves sun shines....

Wow....talk about narrow band trading!

Tomorrow end at today's low: 4.16....

Settled at above 4.20 not bad lah...

When's the next "good news" to drive price up?

At least this time no waterfall after record profit data yesterday, like previous times....

Very flat today, good support at 4.20.....roller coaster is good for trading...lol

The government aims to vaccinate 80 per cent of the population, or 26 million adults, against Covid-19 in less than a year by this December. As of March 7, just 139,720 doses have been administered nationwide. The number of doses administered has dropped by 55 per cent from 27,049 on March 3 to 12,112 yesterday.
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Statistics wrong. malaysia has 30 million population (maybe 32mil with illegals), of which 22mil are adults. The aim is to vaccinate 80% of that, or 18mil.....it is not possible to vaccinate 100%, as at least 20% will refuse....

open green, then so fast profit taking and become red again....

Nowadays enthusiasm so short lived...

Walaueh....nowadays rebound only last 1 day....really negative sentiments on gloves....

so quick profit taking this morning....lol

Stable....didn't reach my buy back price....

Day traders already taking profits...

looks sustained, up 15%.....wonder what's the new peak....last high of 7 doesn't look possible....

Wah, looks sustainable this time....

Take a bit of profit buy chicken rice first...not convinced it's reversal, technical rebound maybe....

Holding so far....but still not enough to take profit

Green, but not much of a rebound, hanging on to a few sen gain....not enough to take profit....

Still got downside ah?...it's almost a jpm target already lah....

Ok lah, might as well just take profit and exit this counter completely for the moment and wait for it to settle back to post covid prices....

The graph is reversed now....last year, it drop quickly and recover quickly, so we are a sharp narrow V....now the V is inverted....sharp recovery then rapidly drop as everybody rush to try unload their penhouse tickets...

The overselling continues....market is pricing in 2024 prices already....lol

The opposite has happened...last year, there was enthusiasm more than reality pushing the prices up....now there is negativity more than reality pushing prices down....

Supermax planning dual listing in SGX.