Posted by KC Loh > 2012-08-17 16:33 | Report Abuse

This will not be too good a news for rubber-linked counter. Harta would probably be least affected. Harta, Topglove, supermax gonna be affected?

Posted by PureBULL . > 2012-08-17 16:56 | Report Abuse

Thank GOD. I sold all of Topglov n Supermx n 20% of Harta for KLCCP in the last few mkt days.

Posted by KC Loh > 2012-08-17 17:02 | Report Abuse

wow... you were holding all top rubber counters? what was your reasoning behind that in the first place, if you care to share? I can only guess it was rubber price trending downward from end last year?

Harta and Topglove are going automation, with results coming in 2014 earliest. I think you may have done your calculation and selling it now on good price!

Posted by PureBULL . > 2012-08-18 00:09 | Report Abuse

I will do a regular active portfolio re-balancing in every 2-3 weeks period. Was expecting r. glove theme play to be in full swing, but the mkt action was not too encouraging. So I decided to hold on to the strongest in the group i.e. HARTA where I had pyramided up my position by switching some from Topglov last month. KLCCP is too compelling after I tasted sweetness in KASSETS rise.

Posted by KC Loh > 2012-08-18 15:19 | Report Abuse

http://klse.i3investor.com/servlets/fdnews/213312.jsp

yup, higher cost of supply will squeeze margin. This will impact in 2-3 quarters.