It also means that if the IBs lose big time by end of the month, they will buy and push up to cover the loss

Tg for the exract. The last 5 days price is averagely or the price on the 5th day ?

Any one here excel in chart can comment, if to day end up in doji candle form, then I sure believe IB to continue pressing. What if it ends with the pattern of full bullish candle ?

According to the CW conspiracy. The CW exercise price is from RM4.5 to RM4.88 which expiring in end of Feb. So IB would press it near that price in order to minimize loss...

Rebound to trap for further decline ?

EPF holding advanced to 6.17% on 17/2/20.

-20 cents per day for another 4 working days ?

Borrow money to build more production lines due to overwhelming demand.

I roughly counted, from the recent top, most glove stocks decline 5% to 7%. Top Glove 15%

Is quite obvious that other glove counters turn green or minus few cents, while TG has dive 14 cents ?

Newplayer286 : Yes they short supermax and topglove

How do you know they short supermax and topglove ? Any data can get to know ?

Shall just shut off the PC and return in March...

Top Glove and Supermax has very high down volumn compare to other glove stocks. I starting to believe IBs CW expiry date making sense...

Thanks for the input

derivative is complicated

But in this case, the IBs must have huge volumn to sell now in order to surpress the price. I don think they have better advantage either.

I got it, the IBs to sell

Can elaborate the logic ? If CW exercise price RM4.5, shouldnt IB be more happy to exercise it to get higher share price ?

C55 exercise price RM4.5 (Issued RM0.15), C59 RM4.88 (RM0.15), C68 RM4.68 (RM0.15)

EPF been disposing Top Glove from the highest 7.54% in July 2019 to lowest 5.985% on 12/2/20. On 14/2/20 EPF's interest started to increase to 6.08%, a sign to accumulate another wave.

Annualised EPS lets say 20 cents, PE 11...barring any unforseen circumstances then RM2.2 in a year time.

This is just the beginning, start accumulate

What next ?

Wow,great job,EPS 3 times +

Thanks Syah Mi for the comment, any source of your findings to refer to ?

Syed Moktar may acquire 20% to park his O&G assest from Iran.

Yes. My expectation is 1.5 cent

Btw, well analysis sharing. R40s.

I guess investment is not a math question like 17+12=29, or base on scientific logic to make decision. It is however largely base on confidence or emotion. If investors are confident in a company then they may be willing to pay high like PE30 to buy. Else even PE5 with ROE >20 also no one dares to take, this is especially significant in bear market.

Otherwise, top successful investors will be mathematician.

Even I am the smartest and the only 1 in the world is right about a company, and 99.9% people is wrong in the same company. There will not matter, because the stock price is decided by the 99.9% people which is wrong.

So, my opinion is to know what majority is heading to, then try to head the other way. Everyone has his own intrinsic value in any company, but it does not mean a sure win situation. It only serves as a guideline to risk management.

Worth to share that both potential of US new president object TPPA, highly to be off during their presidency.

Anyway, it is fair to emphasize that usually 3rd quarter profit is fhe lowest comparing to other 3 quarters.

I noticed the profit this quarter significantly benefited from tax relief and incentive. And quite large portion of profit written off by unrealised currency loss.

Profit earnt at the rate below 1usd =rm4. Next quater expected even more. Although not mainly due to currency advantage.

Q3 result on this Thursday ? Their liking habit on 23rd

Guess BoPoint trying to emphasize the company has reached its bottle neck to collect further profit growth in the near few quarters, due to full capasity of its production, regardless how strong the demand is, if there still is. Better to wait until the new factory operates to begin another cycle of growth before entering for investment.

BoPoint, so you mean the next cycle begins when new factory start operation ? Provided orders still being made.

Already sold all my warrants to buy mother share.

Further more, entitled for dividend

Top Up about RM1000 instead of conversion RM1200, to get a mother share

If really confident with the company, I guess sell warrant now and buy mother share more cheaper.

In my portfolio stated 28 Cents. Guess the calculation is RM1.48 (Previous closed price) minus RM1.2 (Execution price) = RM0.28

Warrant price is 28 cents

Kindly be advised that 56,832,730 Rights Shares issued pursuant to the Rights Issue with Warrants will be granted listing and quotation with effect from 9.00 a.m., Monday, 20 June 2016.
Kindly be also advised that PROLEXUS’s 56,832,730 Warrants A issued pursuant to the Rights Issue with Warrants will be admitted to the Official List of the Exchange and the listing and quotation of the Warrants A on the Main Market under the "Consumer Products" sector, will be granted with effect from 9.00 a.m., Monday, 20 June 2016.
The Stock Number, Stock Short Name and ISIN Code of the Warrants A are "8966WA", "PRLEXUS-WA" and "MYL8966WAV64" respectively.

Great work

Profit taking from speculators I guess

All business has competition, too bad we as small investors cannot get early info about the sales condition. So, advantage of being small investors are we are flexible and we do not fall in love with our investment. If anything wrongful or questionable symptoms spotted. Voila, and bypass.

rizerlee, let them fight. (quoted from Godzilla movie)

US consumer spending highest in 7 years, seems rate hike highly possible

US home sales highest since 2009, comsumer spending highest in 7 years.

Oil stays strong now, Deleum should breach 1.3 if not market sentiment