spider68

spider68 | Joined since 2013-07-19

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Stock

1 month ago | Report Abuse

What a tak tahu malu company. Make losses also dare to list.

Stock

2 months ago | Report Abuse

However during the AGM Q & A session, the minority shareholders would not enquire about the KNM share purchase at double its market price but would rather enquire whether MAA would consider giving free door gifts during the next AGM.

Stock

2 months ago | Report Abuse

Don't know & cannot confirm. Any possibility that the boss has offloaded those offer for sales shares below the IPO price to his friends. Those dumping from RM0.39 to RM0.36 perhaps got it below RM0.30? Cannot confirm.

Stock

2 months ago | Report Abuse

Elephant Skin Also Not So Thick.

Stock

2023-08-18 10:57 | Report Abuse

Wah so nice syiok syiok dump the shares. Sooner or later also have to buy back the tickets.

Stock

2023-08-17 21:08 | Report Abuse

On the surface someone had already dumped 1.1M shares on the 1st day of listing @ RM0.65 + RM0.567. As to whether other major shareholders + directors were doing the same thing, I really don't know.

Stock

2023-08-17 11:57 | Report Abuse

GLXT
Shares issued = 407.041 M.
Shares held by major shareholders + directors (under 6 months morotarium cannot sell) = 284.93 M (69.94%).
Shares offered for sale + private placement = 122.111 M (30.06%)
Shares traded/dumped on Day 1 = 308.191 M (75.71%).

Shares traded/dumped on Day 1 = 2.52 times the maximum shares that are available to be traded. Don't know where the extra shares come from?

Stock

2022-12-29 10:46 | Report Abuse

1) Best performing glove stock at Bursa.
2) Other glove counters price go up, Hexcare price does not move or goes towards the opposite direction.
3) Other stock counters price go down, Hexcare price goes down even more.

Stock

2022-01-13 10:00 | Report Abuse

It would appear that: -
1) Shorties have being buying continously for last 5 trading days to cover their positions from 2.75% to 2.20% ; +
2) Someone also has being selling continuously for the past 7 trading days. Don't know who? Any coincidence?

Stock

2022-01-05 15:55 | Report Abuse

It would appear that Rubberex ->
1) Is the undisputed champion glove laggard
2) Climbs like a turtle but dives like a lemming
3) Other glove stocks use their cash reserve to pay out dividends to benefit their shareholders, Rubberex use them to buy a stalled project to benefit ....... ??????

Stock

2021-12-31 17:15 | Report Abuse

24 Dec 2021 TG RM2.19 -> 31 Dec 2021 RM2.59 + 18.26%
24 Dec 2021 RB RM0.515 -> 31 Dec 2021 RM0.52 + 0.97%

Later, If TG drop, RB will become champion to drop even further than TG.

RB = the most CB glove stock ever.

Stock

2021-12-30 17:16 | Report Abuse

It would appear that: -
Shortsellers are presently in a conundrum: -
1) Not many shares left for them short
2) No more panic sellers
3) KWSP is accumulating again
4) If they start to buy back to cover their positions, the price will inevitably rise.

Stock

2021-12-30 16:17 | Report Abuse

24 Dec 2021 TG RM2.19 -> 30 Dec 2021 RM2.43
24 Dec 2021 RB RM0.515 -> 30 Dec 2021 RM0.525

Most chekai holland glove stock ever.

Stock

2021-12-28 10:17 | Report Abuse

Rubberex is the best glove stock ever. Soon to be the best property stock ever.

Stock

2021-12-28 09:35 | Report Abuse

It would appear that: -
1) There is not much quota of shares left to short i.e. 0.31% is still available
2) However a very huge number of shares are required to be covered back at rising prices
3) KWSP is still buying + accumulating
4) Investors with holding power are not selling
5) Shorties are dumping + buying back among themselves hence the high volume of trade daily

Stock

2021-12-27 12:23 | Report Abuse

When glove stocks price goes down -> Rubberex price decline the fastest + goes down the most in term of %.

When glove stocks price goes up -> Rubberex price respond the slowest + goes up the least in term of %.

What a hairap stock.

Stock

2021-12-13 09:20 | Report Abuse

Although drop in price at least Top Glove still distributes dividend. Rubberex on the other hand ........

Stock

2021-12-06 11:05 | Report Abuse

No major shareholder currently owns more than 50% of Rubberex's shares, it seems. Ripe for potential hostile reverse takeover?

Stock

2021-12-02 19:34 | Report Abuse

Major shareholder had also started selling on 30 Nov 2021.

Stock

2021-12-02 10:29 | Report Abuse

Share Sell Back Presently in Action Most Likely.

Stock

2021-11-03 15:28 | Report Abuse

Wow never ending supply of shares made available to sell. Major shareholder Hextar Rubber S/B holds 50.27% + treasury shares @ 4.95% = 55.22%. Remaining shares available for trade = 44.78% or 410M. It would appear that this 410M shares had been recycled many times over since May 2021 to suppress the share price with minimal shortselling.

Stock

2021-10-29 11:24 | Report Abuse

Rubberex -> Obviously the best performing glove stock at KLSE.
All glove counters turn green but Rubberex remains red.

Stock

2021-10-28 09:57 | Report Abuse

Someone seems to have an unlimited supply of shares to dump.

Stock

2021-10-27 11:30 | Report Abuse

Share Recycling Not Impossible

A dumped -> B @ RM 0.570
B dumped -> C @ RM 0.565
C dumped -> D @ RM 0.560
D dumped -> A @ RM 0.555
A dumped -> B @ RM 0.550

Stock

2021-10-27 10:15 | Report Abuse

It would appear that some party has been recycling the shares to push down the share price.

Stock

2021-09-29 10:29 | Report Abuse

During the last AGM did anyone requested for explanations in rgd to questionable decisions made by the board?

Stock

2021-09-28 07:08 | Report Abuse

SBB at max 10% may also result in the board recommending dividend in specie of 1 share for every 10 shares held.

Stock

2021-09-09 15:06 | Report Abuse

Share price have been dropping non-stop since 3 May 2021. Price drop seems unnatural. It would appear that someone wants to push down the share price in order to attain certain objective. Who is that person & why? I really don't know.

Stock

2021-09-09 11:26 | Report Abuse

Possibly (may or may not be) the share price was unrelentlessly pushed down from May 2021 onwards as follows ->

A dumped -> B
B dumped -> C
C dumped -> D
D dumped -> A
A dumped -> B

and the cycle continues .......

Stock

2021-09-08 10:48 | Report Abuse

Poop & Scoop very likely.

Stock

2021-08-11 16:52 | Report Abuse

Who would sell at RM0.14 below IPO price? Why subscribe at RM0.68 in the 1st place? Does not make any sense?

Stock

2021-08-03 17:00 | Report Abuse

It would also appear that ->

1) The major SH has a morotarium to comply.
2) No records in Bursa website indicated to suggest short selling had being carried out.
3) ESOS 10M shares (Out of 48M), some may have sold at a price above RM0.68 & the rest may still hold on when the price plunged below RM0.68.
4) IPO 8.9M shares + MITI investors 11.08M shares (Out of 48M shares), some may have sold at a price above RM0.68 & the rest may still hold on when the price plunged below RM0.68.

5) Based on the above, who are the parties most likely to have dumped their shares multi times over in the open market during the past 2 weeks or so? Unlikely to be (1) to (4).
6) Are the dumpers, PP investors, which were offered 18M PP shares? Highly likely.
7) Did the PP price offered to & subscribed by the PP investors -> significantly below the IPO price of RM0.68? Possible.

8) Your guess is as good as mine.

Stock

2021-08-03 12:06 | Report Abuse

IMHO, most of the 48 million IPO/ESOS/PP shares have been traded many times over with the objective of pushing downwards the MSP of Haily ->

Total shares issued -> 178.32M
Owner by major SH (morotarium apply) -> 130.32M
IPO/ESOS/PP -> 48M
Traded from 21/7 to 3/8 -> 136M

Traded over 2.83 times i.e. 136M/48M

The above is merely a conservative estimation assuming that IPO/ESOS/PP investors have sold all of their 48M shares. It is highly likely that some IPO/ESOS investors are still holding own to their shares.

Based on the foregoing, it would therefore appear that someone is deliberately pushing down the MSP of Haily from RM0.68 to RM0.60 in the manner as appended ->

A dumped to B at a low price
B dumped to C at a lower price
C dumped to A at an even lower price
& the vicious cycle continues.

Stock

2021-07-29 16:14 | Report Abuse

Wow, this bangsat share has now touched a new low at RM0.645.

Stock

2021-07-29 15:43 | Report Abuse

New low at RM0.66 reached. Never mind as long as still can make money then why not throw.

Stock

2021-07-29 15:27 | Report Abuse

Wow, so many desperados selling below the IPO price. If those selling are not desperados, this would probably mean that some unnamed PP investors have got their PP shares at a price significantly lower than the IPO price.

Stock

2021-07-26 14:53 | Report Abuse

Wow, now RM0.67 & still continuing to slide. Perhaps some PP investors had purchased their 18 million shares at a very cheap price below RM0.68.

Stock

2021-07-26 14:40 | Report Abuse

Wow, now RM0.675 below IPO price & descending. Who is the desperate party selling down?

Stock

2021-07-19 11:51 | Report Abuse

L&G NTA per share would significantly be higher than RM0.37, if L&G management were to carry out a revaluation exercise on L&G land banks. In L&G last AGM it seems that the management have quoted an excuse that it would be costly to conduct revaluation exercises on L&G land banks. I wonder what is their actual motive for not carrying out revaluation exercise on L&G land banks? Perhaps some people intends to suppress L&G share price this way.

Based on the information on the 30 largest shareholders contained in L&G 2020 AR, it would appear that there is no majority shareholder owning more than 50% of L&G shares. As such, is there any possibility of a hostile takeover of L&G to be carried out by another company in the near future?

Stock

2021-05-18 08:31 | Report Abuse

PP priced at RM0.1188 still expensive & unfair to the PP investors. The directors should push the 5 days average share price to RM0.05 & issue the PP at RM0.04 (after 20% discount). This is the only way the PP investors will get a fair deal.

Stock

2021-04-13 11:42 | Report Abuse

Who still have so many shares to sell?

Stock

2021-04-13 10:04 | Report Abuse

Remnant Forced Selling from Day 1.

Stock

2021-04-09 14:38 | Report Abuse

T + 3 -> Forced Selling Going On.

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2020-10-20 11:53 | Report Abuse

KSL Should Invest in Nothing. Instead KSL Should Use Up All their Huge Cash Pile to Continue Paying Their Board of Directors Generous Remuneration Above the Industry Standard as a Reward for their Good Work in Achieving Nothing In Perpetuity Assuming that KSL is still Going Concern by Then.

Stock

2020-08-14 17:57 | Report Abuse

KSL = Kiam Siap Limpeh

Stock

2020-07-20 18:01 | Report Abuse

The forthcoming AGM on 30-07-2020 will be conducted online. I am sure most of the minority shareholders are very tulan by now. Too bad they cannot grill/taruh the board kow kow for their stinginess for not paying dividends for many years and for their shamelessness for continuing to pay themselves huge directors remuneration & fees for many years.

Stock

2020-06-29 14:21 | Report Abuse

Most likely this coming AGM, the stingy board will use covid-19 pandemic as a new excuse for not declaring dividend.

Stock

2020-06-15 17:07 | Report Abuse

Generous on Directors' Remuneration Paid Every Year
Stingy on Dividends Zero Every Year
Next AGM Expect the Board to Blame Covid-19 for Non-Declaration of Dividend

Stock

2020-06-11 10:45 | Report Abuse

Hoping for dividend to be declared by these cbks is akin to hoping for water to be squeezed out from stone. These cbks happily collect their directors remuneration from the company's profits but do not want to share the said profits with the minority shareholders vide dividends.

Stock

2020-06-11 10:19 | Report Abuse

Did KSL request for extension of time to announce the 1st quarter 2020 financial results? The aforementioned financial results is supposed to be announced by end of May 2020. I do not come across any announcement being made to this effect.