The price hike is not because of the report. Is the big players behind. They stimulate the surge, then the public follows, then they sell..

You can expect significant price correction after the report..

For short term trader, when the report out will be the time to sell..

Just now the sell quee quantity at RM5.98 was near 2Mil, I shift my windows and back...just to discover gone. All sapu.. crazy.

Today is golden cross formation established. Just the beginning.

I am expecting bonus issue end of the year or next.

Challenging RM6

Awaiting correction

Overbought...ha ha. Short correction soon. Then all in

Top Glove AGM :

The management is of the view that no impairment is required after assessing the recoverable amount of Aspion. Management also urged shareholders to take a long-term view in terms of its synergistic relationship with Top Glove. A shareholder joked that he was waiting for the impairment to be made so that he could buy the shares at a depressed price.

Since the dispute has been resolved, does it mean that the 714.9Mil technically not a loss ? Instead receiving 245Mil being compensation

470Mil is more than 1 year nett profit.

We really need to know how about the balance of 470Mil claim be accounted to ? Impairment loss ? Or is it even considered a loss ? Since the original 714.9Mil claim was demanded by Top Glove, it is very subjective in the amount of claim.

If is uptrend but techically is all red for few days. Which I reckon someone might have purposely drawn that in early trading.

Anyone has better reasons why EPF keep disposing its TG interest ? The most logical idea I can get is, to make money is important, but to stabilize the overall market even more prioritized.

So EPF is playing the role to absorb some impact to our stock market.

Since glove stocks have begun to get support, so the fund shifts to other blue chips like financial sector to digest some selling pressure.

How was it ?

Actually I have a worry. TG share price constructed on hope. Hoping coming qr performs.

What if....touch wood. The other way round, can use collapse to describe the share price.

The price surged 17 cents at 9:55AM.

You are welcomed

I guess this 17 cents is the special bonus you are referring to

Was expecting garage sales

The decline is simply from retail. Panic sales. We shouldnt worry, if significant drop then is an opportunity to accumulate.

Volumn so little, the advance is fragile. Has reached its limit temporary, unless other factors pop in like good QR.

The virus spreading worsen, I begin to worry despite the glove stocks jump, are we safe to even have chance to spend the profit.

When bear time there are 1001 bad news to reason the decline. 24 hours later suddenly the whole world found 1002 good news. Fantastic

Seems buyers have a win fight, downtrend formation meneuvered ?

Suddenly the huge sell volumn appear

Can see the fight after 4:10pm very fierce.

What you mean ?

4.5 days to go.

Majority wants to make quick money.

Expect to take profit in afternoon session. Who wants to hold stock especially during this extreme political condition ?

Could be the act of intraday trading who bought panic sales this morning

Have IBs lost before ?

So, they always win..and yet pay us 5.4% only ?

But IBs cannot keep pressing forever ? From now on almost every month has 1 CW to exercise ranging RM4.5 to RM5.18. Only Dec has above RM6.

Or they press because this Feb alone has 4 CWs to exercise ?

Joon Chan thanks for the input

C58 just expired on 20/2/20 with exercise price RM5.5, average 5 days RM5.58....

Next week 3 CWs RM4.5, RM4.68 and RM4.88

Not sure if this is worth to consider, the pattern ended last friday was not a doji but an inverted hammer, implying possible change of direction. If monday opens and closes higher than Friday price, the direction is confirm..

Technical is all about probability. Perhaps IBs purposely drew that to lure technical devotees....

Or IBs no bulets and gives up...ha ha

TG long term is very good, is correct to hold. The investment fund is to be spent, if to wair for 5 days the same amount of fund would return few more TG share, why not.

IBs teach us golden cross share price up, death cross share price down. As a matter of fact, they are traning us to be raw meat to feed the sharks.

IB only press TG and Supermx so far, supermx has no more CW expiring in Feb. So it is safe.

As for others, I suppose is from panic sales.

After today, I have started to have doubt of everything.

Expect EPF more accumulation announcement

Really is a doji ending.....

I will start picking from RM4.8, batch by batch

You start pick up at 5.3 ? So fast ?

For CW-55

Cash settlement only
The TOPGLOV CW gives the Holder the right to receive from CIMB Bank within 7
market days from the Expiry Date, the Cash Settlement Amount, which shall be
calculated as set out below

Closing Price : The average daily VWAP of TOPGLOV Shares (subject to any adjustment as
may be necessary to reflect any capitalisation, rights issue, distribution or others)
for five (5) Market Days prior to and including the Market Day immediately before
the Expiry Date

The key part is ""average daily"

Means what ?

I been accumulating Top Glove stocks, but this time I miss the warrant part.

Extract:

How is the warrant’s settlement price determined?

Single stock warrants: for warrants over shares, the settlement price of a warrant is calculated by using the average closing price of the shares for the five (5) Market Days prior to the expiry date.