Dropped from RM7 to RM0.97, a real nightmare for Topglov's investors

Not sure today if PSWK is selling or buying... Surely right to follow them.. If they are buying, meaning TG price will go up soon and if they are selling, surely the TG price will go down later or sooner.. Macam they are in control of the price.. Many years ago when I worked in the Mobile company and when the company went for public IPO, my Sri Lankan Ninja Boss also requested PSWK tolong not to do transactions for a year after the stock had been listed in the stock market.

Just admire PSWK earning millions out of TG shares. Just wonderful, well done. It was a painful act for the small investors to sell TG shares at RM1.60.....RM1.70.. No wonder the rich go richer and the poor get poorer.

UlarSawa, PSWK, just baca terbalik laa... quite sensitive to talk about them, takut i3 may block my postings so, use an indirect name for this big investor.

Just wondering how PSWK was able to acquire so many low-price TG shares. My sifu said many small players sold their TG shares even at this low price because they wanted to cut losses and move their capital quickly to other counters with up-trend price.. This could be a good strategy but how are we 100% sure that particular counter share price is moving up consistently. My observation is that if PSWK is acquiring TG shares, meaning TG share price could be up again sooner or later..

Big bosses take the advantage of the very low TG share price to buy in more TG shares. It would take a bit of time for the TG share price to rebound to a higher price. The winners in stock investments usually are those who have the holding on power.

@ychong88.. Betul, On 9/2/22, they sold @RM2.284, then on 10/2 @RM2.171....etc. & so today they could have bought back at RM2.06, they still making a profit with these transactions.

PSWK's investment strategy is to buy low sell high or sell low buy lower. They knew very well, during the Chinese New year period, those Chinese needed money to celebrate the festival, so it is a good time to squeeze the Chinese investors to sell at lower prices. After collecting the low-priced shares, they will start selling at a higher price next week. Expected TG's share price will be up by 10 - 20 sen next week. This is how PSWK played in their invested counters.

When big bosses are bulk collecting TG shares, don't think TG share price can be up at this moment.. Mana ada orang that bodoh to buy shares in bulk with high price? But when bosses are collecting the shares, I am at least convinced that this counter is safe to invest in.

Obviously, big bosses are now buying the shares in bulk.. would it be something big akan berlaku?

Today received the small first interim dividend from TG.... OK laaa, something is always better than nothing... With PSWK playing in the counter, TG's share price is macam kelam kabut..

Haha! Hope that 2022 is a lucky year cos TG might give another bonus issue this year !!! Try to collect more TG shares when the price is still cheap lor

I think TG’s stock price depends not only on the pandemic situation in the world but also on the company’s performance in recovering from a long-period lockdown.

Unfortunately, many TG workers were infected during the pandemic, which caused national concern. Due to the long period of lockdown and strict SOP, the operations of many TG plants have been affected. Less production leads to fewer products and fewer sales, which means less profit, which is normal. In any case, this is not the end of the world for TG.

No matter how it would be more cost-effective for Msia to make gloves than it makes in China. Our Bangla labor cost and also the basic material rubber cost would be much cheaper as compared to the costs in China. The relationship between China and Msia is still not bad, thus hope that China wouldn't want to do much that can harm Msia's economy.

RM2.07 seems to be an attractive price, just get ready the bullets and collect more shares when its price is getting cheaper & cheaper.

kenw2000 No matter how.. TG is a good counter, just get your bullets ready to collect more should its price go down further. Earlier on, I bought some shares from Vivocom many years ago, that time its price was 30 sen... later it went down to 1 sen & this price last for quite a long time. But later, you know what, I still earned about RM20K from this counter despite such a drastic change in its price. The lesson I learned from this is that speculative investors must have the ability to hold the shares till it reached their desired target price :)

China and US are having a trade war right now... The US may impose hundreds of percent of tax on China products thus making Malaysia-made products more competitive.

I think I have confidence in this company's management, no matters what happened to the company at the moment, I would want to buy in more shares and hold them for a higher price tomorrow or days after tomorrow.

I invested RM18,000 in Vivocom 3 years ago.. The share price went down to as low as RM0.01 per share for quite sometime but I persisted and hold-on.. I sold all my Vivocom shares after the shares consolidation and when the price hit RM1.75 and I got back RM32,000. A profit of RM14,000 after 3 years of nightmares and storms. After all not bad laa Vivocom

Bought MMC shares 3 years ago at RM2.57 per share. I keep the shares till now.. Sad to say, it is my worst investment so far. No choice, now only start to do dollar cost averaging.