be a smart investor...know when to play contra and know when to be a good mid to long term investor.

buy sell, buy sell for what.

u enter 0.70 then sell back 1.50?

u enter 1.80 then sell back 2.20?

u enter 2.50 then sell back at 3.00 ?

cycle continues then u have like fewer lots in your hands instead of pump and holding it ?

confusing......KYY mentioned in his post that 'This is a general notice and Comfort is not specifically mentioned' in his post https://koonyewyin.com/2020/05/27/comfort-what-you-should-do-%ef%bb%bf...

but US FDA has Comfort in their list: Comfort Rubber Gloves Industries Sdn. Bhd

Comfort Rubber Gloves Industries Sdn. Bhd.Date Published : 05/26/2020
Lot 821, Jalan Matang , Matang, Perak MALAYSIA
80 F - - MC Glove, Patient Examination
Date Published: 05/26/2020
Desc: Examination Gloves
Notes: *Level 2
80 L - - YY Glove, Patient Examination, Latex
Date Published: 05/26/2020
Desc: Examination Gloves

https://www.accessdata.fda.gov/cms_ia/importalert_229.html

dunno what this KYY is trying to say, perhaps he panic already.

once qr release, please do update here

YTH888, where u got that fact from ??


see this: Covid-19: Three-digit spike in cases not due to Hari Raya celebrations, interstate travel, says MOH

https://www.edgeprop.my/content/1686608/covid-19-three-digit-spike-cases-not-due-hari-raya-celebrations-interstate-travel-says-moh

YTH888 , lockdown or no lockdown, it does not matter..the demand is there...simple.

u sure with the fact that 'inspector said that we under reported our cases due to Hari Raya' mind share the source link ?

shareinvestor88, when did u bought at 2.6 ?

Dakewlest , depends on your objective..if u wish to hold for long term then it will climb up...if u contra player then this will make u panic as the price is volatile.....that's my honest opinion, to each their own judgement and risk appetite.

@divar, lol ya me too, and the moment u sell then it will rise up hahaha..patience is virtue.

https://www.theedgemarkets.com/article/glove-mania-continues-supermax-profit-doubles

joyvest needs a good whacking...go to all glove counters and talk kok..talk again stupid things, give u one good punch on ur face..come exchange numbers...go to supermax also talk kok and kena fak from everyone there.

Rakuten88 , dont know la...u see from history announce its between 20th-30th

Rubberex's report should be out by this month, no ?

those asking report:

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=209321&name=EA_FR_ATTACHMENTS

good news: India resumes purchases of Malaysian palm oil — traders

https://www.theedgemarkets.com/article/india-resumes-purchases-malaysian-palm-oil-%E2%80%94-traders

guess they are taking profit now.

i see queue already at minimum 1.5

i believe in a week or 2, another fund house will do coverage on Rubberex target price (TP) as Harta, supermax, topglove already been covered, with PP in place and rubberex qr report coming out soon expected this month then TP coverage definitely will be out at least by next month.

yes chopstick is right...A private placement is a sale of stock shares or bonds to pre-selected investors and institutions rather than on the open market. It is an alternative to an initial public offering (IPO) for a company seeking to raise capital for expansion...Investors invited to participate in private placement programs include wealthy individual investors, banks and other financial institutions, mutual funds, insurance companies, and pension funds...

...Rubberex has chosen this time to bring in PP as this is the right time to attract them as glove counters are in the light..once PP is in, PP can't sell as it is governed by security commission..let me ask you one thing, why would PP sell when glove market is bullish ? EPF is the 2nd largest shareholder for topglove , and if i follow your logic then EPF should have major disposed off topglove already by now?

now when you see topglove's 2nd largest shareholder is EPF & foreign funds, this is a very good portfolio for topglove right, this is the same objective Rubberex wants to achieve and in this way will attract more investors to pump in.

*Supermax went PP in August 27, 2004
one of the major shareholder now is: Citibank New York; CIMB Bank Berhad; Public Islamic Opportunities Fund; California State Teachers Retirement System; State Street Bank & Trust Company; Florida Retirement System;Morgan Stanley & Co. International PLC .....and many other foreign investors.

*Topglove went PP in 15 February 2007
one of the major shareholder now is:Employees Provident Fund Board; Central Depository (Pte) Limited; Standard Chartered Bank Singapore Branch; UBS AG Singapore; DBS Bank Ltd; & others.

* Harta went PP in 28 Mar 2008
one of the major shareholder now is: Employees Provident Fund Board; Citibank New York; DBS Bank Ltd; State Street Bank & Trust Company; Public Islamic Dividend Fund; Vanguard Total International Stock Index Fund; Government Of Singapore; JP Morgan Asean Fund & others.

in my opinion now is the right time for PP since pandemic is in the limelight..of course u dont expect it to rocket up immediately because market sentiment is strong and volatile i feel it will surge up since the demand is big and with the recent news ..

i will at least hold as long as it keeps bullish and will monitor it regularly..since now glove counters are in the news, investors have more confidence to pump in glove counters, rubberex is still the cheapest glove counter among the big players, some cant afford will come play here , ikan bilis like me :) since rubberex is in the news with positive outlook so i find no reason i should dump on this, as long as my book is green, i am happy ...


https://www.thestar.com.my/business/business-news/2020/02/08/rubberex-expanding

i'm waiting for banks to do coverage on Rubberex....so far they have called for 'buy' on Kossan, Harta, Topglove

looks like now the contra players who entered high yesterday have weeded out, can see it's holding tightly now in collection mode

even with RHB's research on TopGlove with its TP, we can conclude that the research imply for rubberex and other glove companies as well...Since the demand is high and for Rubberex taking all the factors into consideration, (cheaper raw material, weak RM/USD, company expansion, PP, low debt to equity, cashflow, CAGR), i personally feel glove counters will be good for long hold at least for the next upcoming quater...this is my personal opinion not calling for buy/sell..

http://www.theedgemarkets.com/article/rhb-research-raises-target-price-top-glove-rm1330-surge-demand-due-covid19

FGV Holdings - Sets up JV in India
Date: 12/05/2020

Source : AmInvest
Stock : FGV Price Target : 0.70 | Price Call : SELL

https://cdn1.i3investor.com/my/files/st88k/5222_FGV/pt/AMINVEST/5222_FGV_AMINVEST_2020-05-12_SELL_0.70_FGV%20Holdings%20-%20Sets%20up%20JV%20in%20India_-358089216.pdf

firehawk, relax....u just joined this counter is it lol

@firehawk of course i know , we all know that , it's been reported in 1st week of May already...

@firehawk ^ old story la smart fellow, it's a repost blog...maybe u need bigger spectacles :D

@Cryptotrader, some people love to assume . KYY this, KYY that but when u ask them for proof they cant give proof. kencing saja kuat ..show proof lor if say KYY sold off..

someone give Rubberex push-up bra please so it can push & close higher :P hahaha

later someone gonna come in and talk about PE :P :P

look at supermax's graph and ruberex, they went down the same time.

and like that my book went from unrealized profit from rm 100 to rm 600 now in just 5 minutes. wow..

looking at the screen and with an eye blink & i cant even catch the figures cuz it's moving too fast..interestingly people were collecting when low and boom it rebounded

buy and sell like in market lol

when ruberex share price rm 0.97 cents , everyone shouting "high PE, high PE, go run"....now ruberex already hit RM 2.2 but still come yelling "high PE" ...if people listen to you then no one can make money...PE is high but look at the factor of ruberex is expanding with the PP in placement , low debt to equity and cash flow...the rest u guys to decide and im not promoting buy/sell but malaysian market has high sentiments value .

is there any news for qr result announcement or any news regarding dividend ? if you have any info do share here.

@pang123 , thanks pang...PE now is 45.333

dear all, im happy that we all are making money..let's do some good deed also by giving back to the people who are in need and poor ones. we must not let anyone sleep in hunger..each of us has the power to change someone's life :),, with a large number of us, we can make a lot of difference :)

dear all, im happy that we all are making money..let's do some good deed also by giving back to the people who are in need and poor ones. we must not let anyone sleep in hunger.

today can smile and sleep hahahaha.

wow flying high after lunch bursa open. shoot up suddenly...huge buy volume today and huge buy at 1.97

just bought back.

hi guys, what are your thoughts on FGV now since Idris is the new chairman. can he lead properly ? is he a capable person? share with me your opinion with proper facts la

@Rishi, due to bursa only opening on tuesday and due to political stir now, market will experience volatility.

@smkts123, how do you know? lol funny...give link else i call this BS, simple as that.

i agree with @pang123

this share spike is for short term only as per my view and understanding - not calling for any buy/sell

see below:

Nevertheless, the outlook said Malaysia cannot expect to achieve the same market share in the palm oil import basket under the current situation compared with a 45 per cent market share last year.

A reasonable expectation for Malaysian Palm Oil’s (MPO) share would be about 25 per cent, which is closer to the share as in 2018, it indicated.

https://www.theedgemarkets.com/article/india-could-soon-return-malaysia-palm-oil


closer to the share in 2018 - share price in 2018 was hit lowest 0.68+-

plus read the headline, says India ""could"" soon return to Malaysia for palm oil....didnt say "will"

looks like people's sentiment is stronger now, took my profit at 1.76 already.

now the sell volume is higher than buy volume

now 11 mil people bidding for price RM1.80 and 20 mil people queue/bid for share price 1.79 ...interesting

suddenly so many unknown people start to come in with comments to sell off...before u comment, come show me your sold unit first if not then dont comment ;) missed your boat to buy early and influence others to sell so you could buy at cheap rate ? heheh

one question, why sell when still bullish? you are those same people who come in comment "sell", "run", "downtrend", "overvalued" when the price share was RM 1.3...but today share price rise up to RM 1.85 today...dont fool others, you cant make money then dont stop others from making money....if those ikan bilis listen to you, probably they've not earned much if they'd sold of that time.

i wanna share some technical analysis for the rest of us so it will benefit to all readers here. summary technical analysis from my point of view: Positive

PE: 33.32 (yes it is overvalued and as par to the competitors like supermax) however, one should not solely depends on PE to judge as an exclusive indicator. but use it to see the short term price movement with the upcoming investments and expansion: e.g: production line; demand, etc.

forecasted annual earnings growth: 25.7%

(overall below is good)
free cash flow Dec 31st 2017: RM26.82 mil
free cash flow Dec 31st 2018: RM25.12 mil
free cash flow Dec 31st 2019: RM 113 mil

(overall debt to equity is excellent - huge reduction)
debt Dec 31st 2017: RM64.81 mil
debt Dec 31st 2018: RM44.40 mil
debt Dec 31st 2019: RM12.01 mil

equity dec31st 2017: RM276 mil
Dec 2018: RM 214 Mil
Dec 2019: RM 205 mil