Again if ur not confident with TG anymore don’t risk ur savings here. There’s other counter to invest mlike. We buy for the QR and holding tight.

Not bad news today for TG. Just good news and OLD bad news trying to manipulate the market and to save their own reputation.


https://www.msn.com/en-us/money/markets/top-glove-rebounds-with-record-surge-defying-analyst-downgrade/ar-BB190hoO

Why even invest here if ur not confident with TG mlike?

(Bloomberg) -- The rout in Malaysian glove-maker shares is showing signs of easing after Top Glove Corp. rebounded with its biggest two-day jump on record.

After a four-day drop last week exacerbated by Macquarie Bank Ltd.’s downgrade of the stock, the world’s biggest maker of rubber gloves jumped as much as 13% Monday after a 20% gain on Friday, helped by a 200 million ringgit ($48 million) share buyback. Macquarie had cited concerns earnings may have peaked. Hartalega Holdings Bhd. has rebounded 11% over two days, while Supermax Corp. soared 37% in the same period to snap an eight-day, 45% plunge.

“Concerns on a decline in average selling prices remain unwarranted at this juncture,” said Walter Aw, an analyst at CGS-CIMB Securities Sdn. in a note dated Sept. 11 “Signs are showing that ASPs may stay elevated for a longer period up to the end of 2021. The acute global shortage of gloves is likely to worsen as Covid-19 cases worldwide show no signs of slowing down.”

Getting ready to shoot up again

Price resting on low BB.

Who wants to sell their shares today? Hahaha

Like this drop abit also no scared. Price is very stable. Just like the old times

Good no selling pressure

Maybank buy call target price rm9.53

Definite bull run. Wouldn’t invest anywhere else except for gloves. Bad economy but good for hc

Don’t enter gloves if ur not confident but I’m seeing U.K. covid cases rising really bad. I’m just gonna take the risk and buy more. When else to ride this good opportunity.

Macquarie aims too high and too low. Who’s gonna believe their prediction anymore after this?

Nice to be in 6.70

Most exciting week. Qr will be out!

What else is in uptrend? Covid cases? Is that good? Not good for the world. What’s should we do if covid cases are in uptrend?

Those who bought below rm8? Because tomorrow gap up above rm8?

Supermax or TG? I’m just putting both as these company have similar current price.

Atleast CIMB

Please keep sharing of any info u get supersinginvestor. This is what’s this forum is for.

Ok I understand u supersinginvestor.. thank u for the good/bad news to keep us all aware as glove is a hot market and some IBs like Macquarie is probably trying hard to bring lower price. I do have confidence with gloves that’s why I am holding and buying but I do also want to know the info of the bad news

We all would wished to get the price at rm6. Who wouldn’t want since we all know rm6.40 is the floor price of this current trend. If IB is going to enter again, do u think they’re going to wait at rm6?

I think Tan Sri is going to keep buying to prove that TG has a very good profit. Once the qr is released then he can just rest as people will start believing and panic buy is going to happen. Forget about doing intraday trading. TG is a keeper. Those who are stuck on higher floor are also going to average down buy buying at lower price than they have bought. It’s a definite buy signal who knows even uncle kyy is going to start investing this Monday. 2 cents

By the time pandemic is fully over topglove will be so rich they probably going to venture into other businesses and not just gloves

Why our IB needs to follow Macquarie anyway. They can do their own analytics. Even the foreigners are buying

Monday buying more! Limit up!!!

Bad news everyday covid cases still in uptrend

Tan Sri wants to make sure the price goes above rm9!

R88 said d yesterday was oversold

Tan Sri really angry at Macquarie he just topup again

If today close above 7.60 is already good

Holy shhh

Can break rm8?

Limit up coming! Thank u tan sri!

Limit up!!!!!!

Pls Macquarie make tan Sri angry again!!!

Supermax catching up so fast!

Limit up!

Tan Sri really angry today.. ok laa I join u all buy. Let’s go!!!!

Limit up coming today???

If today touch 15% I’m buying

Tan Sri proving Macquarie wrong today?

All indecisive now whether to hold sell or buy. TG now so unpredictable.. I like!

French is considering another lock down!

Trying to push down the price some more? U can’t expect to enter cheaper

Look at their profit laa. 1.75 sounds so stupid

Cimb disposing shares again?

TG boss already told not to worry anymore

Topglov has always had good fundamental. Sure they can manage even if there’s no pandemic

I agree.. only gloves made good profit for this year