aduh shpg22, AGM is just a small matter... as long as company continues make more profit and bonus issue, nothing else matters...

very good volume, the more the better, so the banker can collect final round before pushing up again...

Daugther and Nephew already appointed as Director in view of the possible suspension of directorship... and without the current directors, the whole company has subsidiaries worldwide to run the operations and expand.. so no issue.

if no last minute push up then soon TA will show classical sell... but support remains at 4.23...

too near to earnings announcement is like this... trader just wait QR report...

lucky is harta as FBMKLCI component, can still bring us up together... else if Topglov, we already sink with Aspion news...

i also think so.... with harta result so good, next is superman, will bring the entire glove up...

yes, high margin gloves... on chart, it has broken above the triangle formed since April... bullish upward trending...

also, nitrile cost is actually up, not sure why they said is down... usually forex they will offset.... net PM now 17.5%... vs 20+ previously

harta will bring everyone up together...

if you look at the plastic counters, you will know that it's a rotation to US dollar play...

get ready for US dollar strength... the euro is about to test further support and move lower... if we see comfort gloves also move strongly, this should be an indication all us-dollar export related counters in bullish move upwards... we may move on fmbklci if oil is moving together as well...

Like that i also want to borrow t+365

good for you... your own trading firm... T+ many years also no prob...

next wed t+10... About right

volume still quite low... market no ummph yet...

so from the calculation, seems like it has done a t+7 and t+4 being yesterday... today up up and away

gap up opening... this move will not stop until announcement of bonus issue...

fuyoh, hammer + close higher than open price...

latex price is low now, tg should be benefitting since latex % is higher... but then they might increase the capacity in nitrile only that cancels out the benefit on low raw material price... bcoz nitrile is on uptrend... overall, maybe net benefit is only in single digit QOQ...

@risktransformer... many thanks :)

@risktransformer, how about current capacity now? 60b got? or less?

hi, may i know what is the ratio for topglov now? % latex % nitrile % vinyl/etc

topglov drops then rebounded after the court's decision, but superman dropped without recovering so far... perhaps reaction will be slower...

big like for you... :)

"Adventa Capital reiterated that Top Glove’s legal claims against itself and its directors have no merit and are denied, and that it will seek redress for reputational and financial losses and damages."

t+3 flush contratrader today? last minute up...

any court decision so far?

Still above 70%.. And no green locked chips nothing to be worried

based on Homily Chart, it's banker chips are still very strong... no reason to drop... + why would pple let u buy at 3++ or 2++... when they know it has a new factory up and running producing more gloves and better efficiency... whoever missed that at 2++ sorri lor...

any t+ is no good... it really test our patience.... t+x is usually to flush short term traders... sometimes need t+3 or t+4... maybe this time topglove case really affect the sentiment of the rest of the glove makers... if by next week no rise, then should expect to see price consolidation until after they announce their quarterly in Aug...

t+2 today... so maybe only move after topglov's court case on 30 July?... that will be either t+3 or t+4 movement...

the buy and sell quote is spread is quite large yesterday after closing... should be interesting today...

4.5 million volume... 6 million by end of day can?

just spicing up... 4.60 is good enuff... tomorrow can easily break new high again... :)

wild guess, 4.65 closing today?

3.2million volume 10 cents... 6million + voluume 20 cents up?

looking at the volume, it should hit 5 million by this evening? 5mil means more than 10cents up...

anybody got any update on court case today?

latest - http://www.bursamalaysia.com/market/listed-companies/company-announcements/5861121
bonus issue + goto bond market to raise USD300million

yes, picked some egc also this morning :)

based on weekly, should move this week... based on daily, tomorrow t+7...

what time court case?

chart also suggest 50cents... :)

if you read the kenanga report, which is anti-glove, it says price of rubber gloves players are PE expansion, not really earnings growth... as for superman and kossan, the earnings growth will continue so the price is actually supported by earnings growth not so much on PE yet... if at one point it is PE expansion but no earnings growth, then one needs to be careful...

I like this kind of situation.... Stock up but yet no news...

yahoo... Now only 2 players left in town superman and kossan... With superman still not yet bonus issue...

tomorrow 24 July Topglove court case...

that's why most of the gloves counter are lacklustre... until after the court case...

it's doing t+something... today t+4 also not much volume, then next t+7 or t+8?