High5

mvcondo | Joined since 2020-05-22

Investing Experience Intermediate
Risk Profile Moderate

I am a retiree.

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Stock

2020-06-29 20:48 | Report Abuse

Superb Rubberex QR will add Fuel to all glove counters 2molo...Fasten Seat Belts for Anor GREAT SHOW

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2020-06-29 20:38 | Report Abuse

If 2molo can hv icing on the cake wt news of contract extension by govnt..then my eg wil take center stage fr glove counter...

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2020-06-29 16:55 | Report Abuse

So far not many ppl interested in rubberex...look at careplus fly up near 20cts.

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2020-06-29 16:53 | Report Abuse

Slowest of all glove counters...Blessed if can stay abv rm3...Qr also dont know when...

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2020-06-29 15:46 | Report Abuse

Wah today...PANIC BUYING

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2020-06-29 08:48 | Report Abuse

Sell sell sell? Why sell to press down price? Some might dont own any supermaxx share but indrectly yr family members do owned it INDIRECTLY wtout u naysayers realising it...Which family dont even hv 1 member contribute to epf every mth? Almost every household has one...Epf do owned a certain % of share in Glove cos...At the end of 2020 what do we all expect epf dividend pay out will b? For 2020 we might be looking at historical lowest Dividend payout!!!! FR ASB too....In this pandemic mkt EPF can make alot of ROI fr investing in glove counters...At the end of the day almost every Msian will b affectes if EPF declared lowest dividend payout...Wake UP BA....All U SOHAI KEEP CURSING GLOVE COUNTERS

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2020-06-28 14:38 | Report Abuse

General Meetings: Notice of Meeting
52049
Indication: Notice of Meeting
Description: MY E.G. Services Berhad ("MYEG" or "the Company") - Nineteenth
Annual General Meeting
Date of Meeting: 06/08/2020
Time of Meeting: 10:00 AM
Venue: Level 43A, MYEG Tower, Empire CityNo. 8, Jalan Damansara, PJU 847820
Petaling JayaSelangor Darul EhsanMalaysia
Date of General Meeting Record of Depositors: 29/07/2020
Outcome of Meeting:

You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

26/06/2020 07:32 PM

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2020-06-26 21:00 | Report Abuse

*The Securities Commission Malaysia (SC) and Bursa Malaysia Berhad (Bursa Malaysia) have decided to further extend the temporary suspension of short-selling to 31 December 2020.*

There will not be any change to the scope of the suspension, in that, it applies to Intraday Short Selling (IDSS) and Regulated Short Selling (RSS), as well as intraday short selling by Proprietary Day Traders. Permitted Short Selling (PSS) is not affected by the temporary suspension of short selling, as PSS is necessary for market makers to market make the relevant securities such as exchange-traded funds efficiently.

The temporary suspension, which began on 24 March 2020 was extended on 28 April 2020 and is scheduled to expire on 30 June 2020.

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2020-06-26 20:59 | Report Abuse

In coming few days news of extension of governt contract will b announced...The Impetus for My Eg Rocket to Fly High

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2020-06-26 20:55 | Report Abuse

*The Securities Commission Malaysia (SC) and Bursa Malaysia Berhad (Bursa Malaysia) have decided to further extend the temporary suspension of short-selling to 31 December 2020.*

There will not be any change to the scope of the suspension, in that, it applies to Intraday Short Selling (IDSS) and Regulated Short Selling (RSS), as well as intraday short selling by Proprietary Day Traders. Permitted Short Selling (PSS) is not affected by the temporary suspension of short selling, as PSS is necessary for market makers to market make the relevant securities such as exchange-traded funds efficiently.

The temporary suspension, which began on 24 March 2020 was extended on 28 April 2020 and is scheduled to expire on 30 June 2020.

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2020-06-26 20:54 | Report Abuse

*The Securities Commission Malaysia (SC) and Bursa Malaysia Berhad (Bursa Malaysia) have decided to further extend the temporary suspension of short-selling to 31 December 2020.*

There will not be any change to the scope of the suspension, in that, it applies to Intraday Short Selling (IDSS) and Regulated Short Selling (RSS), as well as intraday short selling by Proprietary Day Traders. Permitted Short Selling (PSS) is not affected by the temporary suspension of short selling, as PSS is necessary for market makers to market make the relevant securities such as exchange-traded funds efficiently.

The temporary suspension, which began on 24 March 2020 was extended on 28 April 2020 and is scheduled to expire on 30 June 2020.

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2020-06-26 16:18 | Report Abuse

At least volumn a bit higher..

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2020-06-26 15:07 | Report Abuse

Nobody is buying many waiting on the sideline for it to fall abit...many waiting for next qr for the next impetus...When a mkt deprived of buyers how do we expect the share price to go up......

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2020-06-26 15:03 | Report Abuse

We are entering a stage of uncertainties...good strong fundalmental profitable co also no used if there no participation of buyers...volumn getting smaller by the day all across the board....klse turning into a lackluster mkt

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2020-06-26 14:01 | Report Abuse

NST Business

KUALA LUMPUR: Public Investment Bank Bhd has cut its rating on the rubber glove sector to "neutral" from "overweight"as it believes the supernormal profit is not sustainable in the long run.

Furthermore, PublicInvest said the glove stocks' current valuation had ran ahead of their fundamentals.

The firm said the Covid-19 pandemic outbreak had led to sharp spike in rubber gloves demand in recent months, as distributors and government agencies scramble to buy more medical gloves, in fear of a dire shortage of protective gears.

"The desperation for gloves has driven ASP (average selling price) higher and we expect the price uptrend to continue as demand for gloves remains strong," it said in a report today.

"However, we caution that such strong profits are unsustainable in the long-run and we expect earnings to peak in calendar year 2021, therefore we reckon it is not justifiable to continue valuing the glove players at +2SD (standard deviation) of its respective five-year historical mean,"it added.

PublicInvest revised Hartalega Holdings Bhd and Kossan Rubber Industries Bhd's earnings forecast for financial years 2020-2022 by 11-124 per cent to account for the higher ASP assumption and operational efficiency.

The firm kept its "neutral" call on Kossan and Hartalega, but upgraded Top Glove Corp Bhd to "trading buy" as its target price implied an upside of 25 per cent following a retracement in its share price since its recent downgrade.

"We reduce our price earnings multiple for both Hartalega and Kossan to 38x and 26x respectively, which is at +1SD of its five-year historical mean," PublicInvest said.

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2020-06-26 14:01 | Report Abuse

NST Business

KUALA LUMPUR: Public Investment Bank Bhd has cut its rating on the rubber glove sector to "neutral" from "overweight"as it believes the supernormal profit is not sustainable in the long run.

Furthermore, PublicInvest said the glove stocks' current valuation had ran ahead of their fundamentals.

The firm said the Covid-19 pandemic outbreak had led to sharp spike in rubber gloves demand in recent months, as distributors and government agencies scramble to buy more medical gloves, in fear of a dire shortage of protective gears.

"The desperation for gloves has driven ASP (average selling price) higher and we expect the price uptrend to continue as demand for gloves remains strong," it said in a report today.

"However, we caution that such strong profits are unsustainable in the long-run and we expect earnings to peak in calendar year 2021, therefore we reckon it is not justifiable to continue valuing the glove players at +2SD (standard deviation) of its respective five-year historical mean,"it added.

PublicInvest revised Hartalega Holdings Bhd and Kossan Rubber Industries Bhd's earnings forecast for financial years 2020-2022 by 11-124 per cent to account for the higher ASP assumption and operational efficiency.

The firm kept its "neutral" call on Kossan and Hartalega, but upgraded Top Glove Corp Bhd to "trading buy" as its target price implied an upside of 25 per cent following a retracement in its share price since its recent downgrade.

"We reduce our price earnings multiple for both Hartalega and Kossan to 38x and 26x respectively, which is at +1SD of its five-year historical mean," PublicInvest said.

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2020-06-26 12:55 | Report Abuse

even wt qr coming out soon...

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2020-06-26 12:54 | Report Abuse

The most dullest glove counter

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2020-06-26 12:17 | Report Abuse

mh mgganas sdh

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2020-06-26 12:17 | Report Abuse

Wah sdh naik o ..

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2020-06-26 09:45 | Report Abuse

Mayb b4 closing will push up a bit....now is not ideal to push up n let ppl q to sell ...or else they end up wt holding at high price...

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2020-06-26 09:42 | Report Abuse

Klu nak goreng kaw2 pun bkn lah hari ni...hari ni bg kecewa semua org yg harap akan mlonjat 30sen...selepas semua dah jual baru Goreng...klu skg goreng...tukang Goreng akan sangkut kena sdr Tapau balik semua harga tinggi2

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2020-06-26 09:27 | Report Abuse

Everyone waiting to sell everyone hoping limit up...There wont b great show today....why push up let everyone sell?

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2020-06-25 19:50 | Report Abuse

If latest by 30th looking at the daily low volumn n lacklustre price movement....u might think result not that wonderful

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2020-06-25 16:12 | Report Abuse

Forced selling

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2020-06-25 16:10 | Report Abuse

Waiting to.fly after qr out...or else will not stay at status quo for so many days...1 lacking is volumn...

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2020-06-25 16:08 | Report Abuse

Berita baik terpulang pd kita sdr....klu kita dok tgu jatuh spi 20sen msh ada peluang lg sb harga saham kaunter ni hari2 jatuh aje..hanya matlamat kita 20sen msh blm ke sampaian...klu pula dok tgu saham ni cepat2 terbang naik...maaf lah hari2 turun yg ada...

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2020-06-25 15:49 | Report Abuse

Rubberex vr stable waiting to gap up after announcement of qr

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2020-06-25 15:16 | Report Abuse

Volumn vr low today

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2020-06-25 15:14 | Report Abuse

Support at 1.45-1.50 will not drop further unless no extension recd...how many days alrdy stayed at that price range...

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2020-06-25 15:12 | Report Abuse

We do know til 30th June...so BEYOND THAT STIL NO NEWS...?

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2020-06-25 15:09 | Report Abuse

Until 30th June...so when annnocement of EXTENSION???

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2020-06-25 10:03 | Report Abuse

today we might b looking at 23.5 n 2molo might b 20-22cts....if according to script

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2020-06-24 16:39 | Report Abuse

Yes Joycelee if stil confident wt the on going deal Do Average

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2020-06-24 16:28 | Report Abuse

Joycelee i alrdy cut loss at 27cts...but waiting to buy bk later....its up to you ...

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2020-06-24 16:09 | Report Abuse

Yes true...everyday 2-3 cts down it wil take another 2 days wil reach 20cts probably by friday

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2020-06-24 16:07 | Report Abuse

Will definitely buy bk at much lower price...trading lower by each day ...might come true too 20cts...even though dont make sense

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2020-06-24 16:05 | Report Abuse

I sold all cut loss...just wait n see...wil buy bk at lower price...not worth it to watch it keep goin down ..as news also not cfmed...rather cut loss than carrying it for mths if deal dont come thru...my personal opinion...it might gap up nobody knows

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2020-06-24 11:48 | Report Abuse

All done at 30cts...even there r buyers at 29.5cts deal all stil done at 30cts...collecting...or crossing

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2020-06-24 11:46 | Report Abuse

Big chuck bn thrown to buyer at 30cts

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2020-06-24 11:34 | Report Abuse

Superb Rubberex QR wil revitalised the interest in glove counters

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2020-06-24 11:29 | Report Abuse

Gloves counters went into Hibernation...Super low volumn

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2020-06-24 11:28 | Report Abuse

Gloves counters went into Hibernation...Super low volumn

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2020-06-24 09:12 | Report Abuse

Perhaps today is Rubberex show

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2020-06-23 21:06 | Report Abuse

Frustrating for all investors...many cos delay qr...there r none infos on when these cos wil report it...the least sc must hv a list of dates for investors reference...

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2020-06-23 20:19 | Report Abuse

My Eg & Gpacket like abang adik lots of news but jln mcm kura2...up a few cts then tumbang balik...volumm mmg banyak....everyday ppl start trading wt high expectation...but many ended exhausted fr waiting n ended for wt empty results