A year from now when it is trading at 8.50 n if you want to brag that you managed to sell it above 20.00, this is yr last chance ti sell 20.20 bcause after today above 20.00 will be forever history that will never return.

Whenever it tries to raise its head above 20.00 you chop it off. Bcause now its near end of its technical rebound. It will weaken again in afternoon and you after today will never see 20.00 n above again in yr lifetime.

Stay clear. IT'S A DAMAGED GOODS ALREADY. It will drop below todays low of 18.08 by end of day this friday.

Sell into any rebounds. This is not over.

Lkl hitting limit down. Next are carepls n comfort. Supermx going for 18.00.

Comfort going to crash in less than an hour. And so will carepls. Naturally supermx will then take a big hit.

Seriously all gloves are hanging by the thread. Comfort & carepls will hit limit down b4 lunch. Stay clear of this supermx.

Ist phase target: 30% off peak = 0.7 × 24.00 = 16.50

2nd phase target = 50% of 1st phase target = 0.5 × 16.50 = 8.25

Sell into any technical rebound bcause vaccine is out n it will kill demand for gloves big time

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Nervous? You better be bcause today is a race to the bottom. The earlier you bail out the better off you'd be.

"The head of the Russian Direct Investment Fund (RDIF) Kirill Dmitriev said, the people who were injected with the vaccine developed immunity on the 21st day after receiving the first dose. The immunity of these people doubled after receiving the second dose.

"I can tell you, from the first and second phase we have a hundred per cent of people developing immunity after day 21. It doubles after the second shot. Hundred per cent of animals were also protected (against the novel coronavirus)," said Dmitriev."

=> Within a month after injection with this russian vaccine, covid-19 new infection will drop 90% n so will hospital loads

=> Vaccine mass production starts in september, billions doses shipped out by november worldwide. By dec/jan new daily infection rate will plunge

=> Massive cancellation of glove orders from malaysian manufacturers, earnings plunge

=> Of course share price will plunge much earlier than jan/feb when this negative outlook would hv become clear by then

He he....putin vaccine glove selloff big time tommorow right at the opening bell. Putin himself the president making the statement, not some small timer head of medical research.

Fasten yr seatbelt. It will race down at get-go. He he...sure all balls shaking oredy tonight.

SPUTNIK V will crash this glove mania tommorow. Its APPROVED. Putin's daughter has been injected => it works n its safe, so have frontline workers.

20 BILLION DOSES OF THIS SPUTNIK V VACCINE HAVE BEEN ORDERED BY 20 COUNTRIES

Cut queue at opening bell n dump it all if you dont want to suffer 20% or more losses.

Ongong2020. Lack of experience has caused you to go all in on the wrong side of this trade. Let me give you an invaluable advice b4 you get stuck here n having to sell at a loss at much lower level later.

"When you find yourself on the wrong side of the trade, quickly admit your mistake n get out of that trade quickly". Sell all the first 1/2 hr tomolo.

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Supermx sell the news tp = 21.66 × 0.8 = 17.33. I bet my ass that it will happen.

Putin: Russia has developed the world's first covid-19 vaccine.

Wow some serious drop coming the next 3 days. All recent speculative stocks making full reversal to square one - pohkong, nice, notion, hlt, lkl.

And of course supermx will not be spared. It will be across the board sad days all round.

The gang is making half to two cents profit only on huge volume. Tomolo they disappear people trampling each other to exit door. Clear yr position b4 closing. If you dont know how to tango, do not join this dance.

It is at its half way point of full retracement. 3.11 to 2.11. Its well on its way to 1.11. How do i know? Bcause absence of immediate rebound. This lacking of rebound tells that recent hu ha speculative buying is making a full reversal. Had you bought at 3.11 pls take a 1.00 loss now to avoid the coming 2.00 loss.

Sell the news tp = 21.94 × 0.8 = 17.55, a 20% drop from here.

Victories99. A drop with no immediate rebound is not a good thing. Dont be surprised if it is already on its way back to suare one. Its square one, believe it or not, is 0.60.

Another round of churning 0.145/0.15 to release shares on hand. By end of day, this gang will have profit n zero shares on hand. Idiots will lose money n bursa syok2 making fees n commission from huge churning volume.

Victories99. You just got yrself a free round trip to holland 1.13 to 2.00 n back to 1.13. He he...next time learn to cut loss at 7% below yr cost..

Still not convinced? This market has sold/ is selling on news on supermx qr. As in any sell the news event, price will go on to settle about 20% lower than the closing price on sell the news day. That wud take it to about 18.00 ++.

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Hoiyo. One day wonder? Bcause other oil n gas stocks are not convinced.

Speculative plug is off abruptly. Head & shoulder in progress. Next stop 0.85. Ultimate stop 0.50. Had you bought at the very top of this speculation 1.80, you will lose 1.30 a piece or 72%. If you cut loss now you would only lose 37%.

18.60. Better give a crap. Because this is where it is heading. When market sell the news, it will fall ahead. Time n again. Certain market behaviour you need to master.

Sell the news! It happens. Market selling the good news.

These idiot directors venturing into glove at the height of this pandemic. By the time yr factories are up n running, the pandemic wud hv been gone, yr factories wud be iddling n you wud lose money.

Shortlived goldy dream. Did you know that its gold/jewelery revenue is only rm1.5 mil?? Not profit but revenue or sales. Be prepared to lose yr underwear when it returns to 7 cents.

Negative bets are back on. "Sell the news" thing has kicked in.

Didnt believe me arr.

Its path is clear:

(1) Moved to 24.00++ in a strong uptrend
(2) Friday a bearish engulfing candle appeared which is a major trend reversal signal
(3) This morning dropped to 20.30
(4) It staged a technical rebound within this NEWLY ESTABLISHED DOWNTREND 20.30 - 22.50.
(5) Shortly after afternoon session this technical rebound had ended.
(6) Its coming off this technical rebound peak now and will close the day above the 20.30 todays low but way off the technical rebound peak of 22.50
(7) Tommorow it will break below 20.30 n resume this downtrend below 20.00

Just kidding...take care..going out to dinner with grand daughters....maybe to pj hilton serai there..

That mamak ex pm is my school buddy

Aramco. You young man google lar search bearish engulfing candle images. It is looking very innocent sitting at the top of a strong trend. But what follows in coming days n weeks is bad. It is looking innocent but very poisonous.

In the old days you need to rope in a financial backer, a company director, a financial journalist, a few proprietary traders/remisiers to form a syndicate to move share price.

Nowadays suffice with social media to hype up unrealistic expectation n people will flock in and you n your gang can do your thing already. When the company fails to deliver, share price falls, people get trapped n the gang move on with their loot. So that you know what to expect moving forward.

Please take note as well that major market turning points always occur at peak volume. This is because the same buyers turned sellers during the day. Last fridays volume was crazily high over 20 bil. I sensed this on thursday when i exited all my positions n move into 100% cash. Btw to brag a little n set the record straight, i hv a multi million$ margin account. So really i had not seen a contra loss since 1993. When i sell is bcause i want to sell.

You may opt for buy n hold for longer term or fast trades whichever suits you. As only once in a blue moon you will find 2 or 3 stocks really make a sustainable move upwards, which is very difficult to strike. Most of them move up then come down. So i go for quick trades on breakout or where i sense some shark about to goreng or jump in in the middle of the goreng. The trick is, dont stay for too long. When market moves against you, get out. See money, take money, dont be greedy. The idea is to keep nett profit over time. Then you will move like a bee from flower to flower sucking the best n most bountiful honey. Like this NICE made a 400% move in 2 days what it took supermx 3 months.

Aramco. What is so obvious to me is completely out of sight to you. Now i just let the market does the talking between now until a week after qr is out.

My take: trend has reversed. Its coming off the peak now. Where will it stabilise? I would say below rm20.00. Then the QR will be disappointing or much below expectation unable to fundamentally support the price. Then it will take a hit on the chin.

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It is a crazy inverse vertical L chart for all time timeframe. Its range has been capped at 2.35 since it was borned. At 23.00 - 24.00 because of this temporary spike of good business?? Will it hold there for long? Dont think so.

Its going to be hengyuan 2.0 all over
Dayang 2.0
Lionind 2.0
Sendai 2.0
Jaks 2.0

This coming QR will provide a reality check n pull it down

Aramco. I can only smile in silence looking at your antics. Why? Because of your lacking of market experience & knowledge. Dancing n celebrating in the face of this:

Thursday's open 23.16
Thursday's close 23.78
Thursday's Green candle 23.16 - 23.78

Friday's open 24.00
Friday's close 22.92
Friday's red candle 24.00 - 22.92

Friday's red candle completely engulfs thursday green candle. This took place at the top of a strong uptrend. Fridays volume was higher than thursday's as well. It is called a BEARISH ENGULFING move.

It is a u-turn of an uptrend move from uptrend to a downtrend. Not only down but a downtrend.

Got it baby boy ?

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OTB. Contra losses? He he...my last contra loss was in 1993 when i was still a handsome young fella. Just to keep the record straight so that you can sharpen your character judging skill. I leave you n your gang alone now. You & i we both know its a bubble & we know that this bubble can continue to grow bigger & bigger until it pops. What would be the trigger? Ans: Anything under the sun and at any moment.

Aramco, thats all you have to say? Dont wish to converse intelligently with reasons n rationals like an adult?

Post removed.Why?

Glove_bubble, finally i got a friend with sense. We gracefully bow out from this madness for now. When we see it getting uglier n uglier, they see it getting more beatiful n beautiful. Sick delusionists.

I just pointed out kyy (checked & verified by otb) major calculation mistake on tg q4 calculation. You see my comment n you see his calculation then you know what i mean.

After i put my fundamental lense, this is what i got:

Tg
((((1688mil revenue x 1.15 increase asp) - 1266mil cost) × 0.8 less tax)/2600mil shares) × 4 qtrs x 35 pe = rm29.00 fair value per share

Supermx
For a sizeable (not small) generously give double profit from last qr n annualised it.
0.055 last eps x 2 x 4 x 35 pe = rm15.40 fair value.

Conclusion:
Tg at fair value now while supermx is having a rm8.00 bubble inside.

After covid-19 (whenever it is), price to drop half than the above stated fair value.

I hv been doing this for decades. You may mock me now as you r in the midst of this irrational. You will see later down the road.

Goodbye for the last time.