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2020-06-18 09:24 | Report Abuse
I remember I read an analyst report not long ago that said he expect there will be rotational play between gloves, banks and gaming sectors. I think he may be right cause I'm seeing it more. Gloves will bounce back again.
2020-06-18 09:18 | Report Abuse
It's a cycle. Gloves will be back. Game is not over, just taking a break.
2020-06-18 09:13 | Report Abuse
Sideways for all gloves. Wait for next month to see it move up again.
2020-06-17 16:17 | Report Abuse
Yeah freetospeak, I was thinking the same thing. It's likely gonna be sideways for the remaining couple of weeks. I also don't feel like monitoring so much during the day. Later in July should be defining moment for Supermax.
2020-06-17 15:43 | Report Abuse
Funny that Kossan has been the only one of the Big 4 that has been green all day. I was never patient with that stock and sold off much earlier already.
2020-06-17 15:11 | Report Abuse
All eyes are on Dow. I don't like that feeling. Glove stocks should just show their true colours and go up.
2020-06-17 14:57 | Report Abuse
US and global market situation is holding back the glove stocks. Really testing everyone's patience.
2020-06-17 14:20 | Report Abuse
Still waiting for the laggard Harta to wake up. I have already reloaded like that Dato Tan Guan.
2020-06-17 14:12 | Report Abuse
Thanks Newplayer286. Can send us the link?
I also share very similar views to the author who wrote that article. I agree the recent sell down of gloves stocks is not justified.
2020-06-17 09:35 | Report Abuse
Will go sideways for a while and should shoot up later. Need to be patient.
2020-06-17 09:22 | Report Abuse
Weak market. Not just gloves. Overall market is weak.
2020-06-17 09:08 | Report Abuse
As long as rebound and back to uptrend it's good. Doesn't have to be fast and furious like it before.
2020-06-16 16:56 | Report Abuse
Good strong rebound for Supermax today. We needed to see this after a declining trend that made many investors get worried. Hope it grows from strength to strength but there will be bumps along the way.
2020-06-16 16:45 | Report Abuse
Woke up already. Those who gave up hope and sold just now got no patience. Glove stocks are still very much alive and so is Supermax.
2020-06-16 16:34 | Report Abuse
Rebound strength is still there. Just don't expect 1 ringgit jump like what we used to see in past couple of months. Definitely still got hope to go back to those high levels, just be patient.
2020-06-16 16:25 | Report Abuse
I'd be happy if it can slowly climb back around 20-30 cents like today gradually. Hope to see it back in the 8+ ringgit range in a couple of weeks time.
2020-06-16 15:54 | Report Abuse
Hold till August if possible. I think no point looking at it everyday all the time. Movement will be sideways and quite volatile. In a few weeks time it should move up faster.
2020-06-16 15:24 | Report Abuse
Glove stocks not bulletproof against market decline anymore. It's ironic because they should be but for some reason they don't seem to be anymore.
2020-06-16 15:21 | Report Abuse
Rebound across most stocks generally quite weak, not just gloves. Market is very jittery.
2020-06-16 14:59 | Report Abuse
Gloves bounce back generally a bit weak this afternoon, not just Supermax. Investors generally still nervous about news coming out of the US I think.
2020-06-16 13:35 | Report Abuse
Don't know what some of you guys saw in that YTH888. I never paid much attention to her talk big and boast big comments. There are some 2 faced people in this forum so beware.
2020-06-16 11:01 | Report Abuse
What I've learnt these past few days is that glove shares go down not because this sector is losing steam or overvalued. They move in tandem with the crash in US and global markets. Just that the drop for gloves a lot bigger probably because they are very high so the drop is more drastic. Glove stocks are not bulletproof to the market crashes.
2020-06-16 10:55 | Report Abuse
I really don't understand those who wrote off Supermax saying this counter is a goner and will drop to 5 ringgit. If it has no more hope then can bounce back like this morning? You gotta be kidding.
2020-06-16 10:45 | Report Abuse
Thanks freetospeak for reminding us on the calculation. Supermax still a good bet for the future. I sold most of mine yesterday but bought back some this morning at lower price. Have reshuffled my gloves portfolio with some cash on the side for standby just in case there are unexpected crashes due to the volatility of US and global markets.
2020-06-16 10:34 | Report Abuse
Bought some at 7.26. Will buy incremental on dips while monitoring closely. This time I am more careful and not so gung ho like last time. May not make a hell lot of money this way but at least a bit safer and not so daredevil.
2020-06-16 09:40 | Report Abuse
US stock market very volatile and glove stocks also affected. Gloves still good but it will be a roller coaster ride. I'm more careful now and don't simply buy like crazy like I did previously. Good to keep some cash for emergency situations.
2020-06-16 09:24 | Report Abuse
Good to see Supermax and glove shares bounce back. However, this time I'd be extra careful coz it's very volatile now due to the shaky situation in US. I have learnt that glove stocks are not as bulletproof that I thought probably because they are very high now. Back in March they were still very low so didn't get affected so much by the crash, now is different.
2020-06-16 06:54 | Report Abuse
Disposed most of my Supermax and Topglove. Am going back to my first love Harta to buy more. Harta the more stable and less volatile one. Had enough of roller coaster ride from those other two.
2020-06-15 16:44 | Report Abuse
Harta the most steady one of the big 4. Am still keeping and I always call Harta Mr. Reliable of gloves. However, this sell down of glove stocks is making me very nervous. Hope it bounces back.
2020-06-15 16:25 | Report Abuse
Bloodbath for gloves. The sell down is really exaggerated for a sector that is so profitable and has such good prospects. Glove counters not bulletproof all the time.
2020-06-15 16:16 | Report Abuse
My goodness. I wonder where is the bottom this week.
2020-06-15 15:21 | Report Abuse
This forum has gone to the dogs. Freetospeak, Kim. We need to hear your comments.
2020-06-15 15:02 | Report Abuse
Supermax trying to fight back to keep above 7 ringgit. That's a good sign.
2020-06-15 14:42 | Report Abuse
Some people laughing when share price badly hit really have no shame.This forum has gone to the dogs.
2020-06-15 11:36 | Report Abuse
Market is generally bad but don't understand why glove stocks affected the most. Generally investors are just plain scared because of what happened in March. Think this is a cyclical thing, they will be back to buy back the glove stocks.
2020-06-15 11:11 | Report Abuse
Even the great Harta is red. Market is really bad.
2020-06-15 10:52 | Report Abuse
Think the market is just bad because of fears of US and global markets crash like what happened in March. Glove stocks also not spared.
2020-06-15 10:23 | Report Abuse
I have let go some of my Supermax as the trend is worrying. Not selling any of my Harta and Topglove which are more steady. Supermax price is being pushed down. I will pick up again if it drops below 7.
2020-06-15 09:54 | Report Abuse
What I don't understand is why Supermax seems to be the one affected the most. Other glove stocks not too badly hit, some even green.
2020-06-15 09:37 | Report Abuse
Why Supermax down again when Harta steady. Somebody behind the scenes pushing it down?
2020-06-12 11:00 | Report Abuse
Yes Highfivebread. I don't know on what basis some calling to dump at dirt cheap prices. They don't deserve any respect.
2020-06-12 10:12 | Report Abuse
Today is bad day for all stocks because of Dow Jones crash. Look at the big giants like Dlady, KLK, PBB, Nestle, Carlsberg, etc. All big drops. The fact that gloves are not so badly affected shows its resilience. If it was game over for gloves it would take the top 5 biggest losers already.
2020-06-12 10:12 | Report Abuse
Today is bad day for all stocks because of Dow Jones crash. Look at the big giants like Dlady, KLK, PBB, Nestle, Carlsberg, etc. All big drops. The fact that gloves are not so badly affected shows its resilience. If it was game over for gloves it take the top 5 biggest losers already.
2020-06-12 09:51 | Report Abuse
I trust Kim and Freetospeak. Some others talk like they experts buy keep singing different tune.
2020-06-12 09:46 | Report Abuse
Blood bath for other stocks in other sectors but gloves bounce back quick in less than an hour. Game over for gloves? You gotta be kidding.
2020-06-12 09:42 | Report Abuse
I believe some people in this forum are 2 face. They create panic so people dump and they buy cheap. I don't really trust some of these jokers.
2020-06-12 09:41 | Report Abuse
Haha. Green again in less than an hour. Why all the doom and gloom talk before this? I really don't understand when QR so good and TP by research houses going to get even higher.
2020-06-12 09:39 | Report Abuse
Gloves will bounce back. Don't know why all the doom and gloom talk by so many people in this forum since yesterday.
2020-06-12 09:27 | Report Abuse
Drop is in line with other stocks. No big crash of taiko Topglove and the big glove stocks. Those who created panic just wanted to sapu for cheap.
Stock: [SUPERMX]: SUPERMAX CORPORATION BHD
2020-06-18 09:36 | Report Abuse
Topglove go down, Supermax also down by about half. Follow the market leader.