@xy9012 Congrats !

@xy9012 how much did you invest?

entry price is very important, if bought at a low still got margin of safety.. those who buy high & plan to sell higher.. dangerous game

I sold all in the morning, luckily.

Allianz seems to be taking their time releasing their QR report

Covid19 is a global pandemic that cause the unexpected surge of high demand for medical glove around the world... and Malaysia happen to supply ~65% of the gloves in the world.... I would make a calculated guess that the world's largerst glove manufacturer, Top Glove quarterly report should reveal bumper profits...
unless the 191% surge from 19-March-2020 already priced future earnings into the share price lol

EPF acquire more than disposing.. Good sign

Hopefully the report can meet everyone's high expectation..
then can rocket up again ^ ^

Top Glove will release report tomorrow evening? or morning?

do investors have too high of an expectations ?

share price more than doubled in just a few months, no sign of weakness yet...

@Mabel
Thanks Mabel, will keep till dividend payout & rebound

probably some panic sell awaiting Top Glove's QR result release tomorrow.. lol

blood bath again = =

(Tradeview Commentaries 9 June 2020)

Today's glove & healthcare sector movement was very interesting. We noted that Big 4 has moved very strongly upwards closing in on previous high except Supermax. However, Careplus, Comfort, Adventa, HLT, Esceram and others fell. What does this show you?

In my view, people are worried. Investors are worried. Why? After seeing the results from Careplus which was a disappointment. Of course, there is still good support. Probably some other notable investors or syndicates still supported. My point here is that this shows you earnings results are very important in determining share price and value of a stock. You cannot choose to invest purely based on sentiment and rumours without first understanding the possibility and outcome of their QR. Without strong earnings, shares shouldnt move upwards, this is the most fundamental theory in investing. So use this opportunity to look through your share holdings and assess what and which stock you should hold, buy or sell based on the earnings you foresee the company will deliver over a duration of time.

We are not encouraging anyone to buy or sell but this week is an important week as Topglove’s result will be out. It is a good bellwether and indicator for the sector as a whole. (Opposite to careplus, if indeed Topglove disappoints, the entire sector will fall. Vice-versa).

Source: Tradeview

(Tradeview Commentaries 9 June 2020)

Today's glove & healthcare sector movement was very interesting. We noted that Big 4 has moved very strongly upwards closing in on previous high except Supermax. However, Careplus, Comfort, Adventa, HLT, Esceram and others fell. What does this show you?

In my view, people are worried. Investors are worried. Why? After seeing the results from Careplus which was a disappointment. Of course, there is still good support. Probably some other notable investors or syndicates still supported. My point here is that this shows you earnings results are very important in determining share price and value of a stock. You cannot choose to invest purely based on sentiment and rumours without first understanding the possibility and outcome of their QR. Without strong earnings, shares shouldnt move upwards, this is the most fundamental theory in investing. So use this opportunity to look through your share holdings and assess what and which stock you should hold, buy or sell based on the earnings you foresee the company will deliver over a duration of time.

We are not encouraging anyone to buy or sell but this week is an important week as Topglove’s result will be out. It is a good bellwether and indicator for the sector as a whole. (Opposite to careplus, if indeed Topglove disappoints, the entire sector will fall. Vice-versa).

Source: Tradeview

can anyone explain how come the director keep disposing his shares??

The margin capped, is nothing new though

tug of war between the bulls & the bears

Top Glove Singapore & Riverstone down too

only supermax affected, the rest all steady

Felt like an artificial rally, after glove stocks have been capped..
speculators are coming to banks ???

Be patient, more opportunities will come by end of the year. Entry price is important.

I think many people have been brainwashed and blinded by greed lol

Congratulations, but it was quite a risky call. Could easily have gone the other direction & dip further o.O

good stock, but very low volume. Want to buy, but not enough sellers.
When it comes to liquidating, might not have any buyers ...

I took profit first, might or might not be back.

Mplus system hanging now = =

Supermax new target price is RM 9.80
Yet to peak :)
Source: CGS CIMB

I just spotted this gem, still can enter at this price? Seems like at its peak @ RM6.97 / RM7

While some directors are disposing shares in other gloves company, Supermax have been buying continuously. Good sign or an act?

TODAY
MR NG KENG LIM @ NGOOI KENG LIM (a company director) acquired 200,000 shares on 29-May-2020.

good opportunity to collect public bank slowly, at a reasonable price..

Only during this covid-19 period, once it subsides the last one out will be catching falling knives ... herd mentality is real

peak already... all want to take profit.. entry price is very important.

2.94 entry price too high already, looks like missed the boat

big player dispose share, not sure who though

Anybody here working in Supermx?

https://www.thestar.com.my/business/business-news/2020/05/30/new-found-wealth-in-glove-sector

feels like PBBank is dropping to HLB levels, while HLB maintain resilient

sharp drop at RM14.66 closing o.O

strange day today.. even public bank massive drop closed at RM14.66 suddenly, surely there's a shark out there o.O

why did fa analyst delete their post.. like a shell account

Breakout again o.O tomorrow will open new high

investment grade stock for the long term, grade A dividend play

Could be a value trap

Better wait for the Q1 2020 report to be released first..

understandably, as majority of businesses are affected by the mco /cmco due to coronavirus.. hope there won't be a 2nd wave of infections after raya and business can stabilize and prosper once again

any idea when will the Q1 report be released?

Public Bank just released their Q1 2020 today !

feels like a very long downtrend