Malaysia foresee that rubber export will overtake palm oil export. Isn't that already a clear indication on glove counter prospering? We need to ride this together!
A solid fundamental company. Looking at the profit and price, I believe it is not just sustainable but Room to grow! Related to Ansell with no labor issues... what a bargain
Today is T+2 for the last green days on Monday, contra players all flushed out, tomorrow and Friday should have some positivity.
Unlike other bigger glove companies like Topglove and Supermax, Careplus doesn’t have Structured warrants so it will not be affected too much by IB manipulation, so it should be relatively stable at this price point now.
I might be wrong and I believe all of us here is only speculating, we never know how the market reacts, but thats just my 2 cents. Have a great day investing y’all.
Changes in Sub. S-hldr's Int (Section 138 of CA 2016) TOP GLOVE CORPORATION BHD Particulars of substantial Securities Holder Name EMPLOYEES PROVIDENT FUND BOARD Address Tingkat 19, Bangunan KWSP, Jalan Raja Laut, Kuala Lumpur 50350 Wilayah Persekutuan Malaysia. Company No. EPF ACT 1991 Nationality/Country of incorporation Malaysia Descriptions (Class) Ordinary Shares Details of changes No Date of change No of securities Type of Transaction Nature of Interest 1 25 Sep 2020 12,574,500 Acquired Direct Interest
Acquired Direct Interest Name of registered holder Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board Address of registered holder Citigroup Nominees (Tempatan) Sdn Bhd Level 42, Menara Citibank 165, Jalan Ampang 50450, Kuala Lumpur Description of "Others" Type of Transaction 2 25 Sep 2020 3,300,000 Acquired Direct Interest Name of registered holder Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident FD BD (NOMURA) Address of registered holder Citigroup Nominees (Tempatan) Sdn Bhd Level 42, Menara Citibank 165, Jalan Ampang 50450, Kuala Lumpur Description of "Others" Type of Transaction 3 25 Sep 2020 29,100 Disposed Direct Interest Name of registered holder Citigroup Nominees (Tempatan) Sdn Bhd - Emplys Prvnt FD BD (CPIAM EQ) IC Address of registered holder Citigroup Nominees (Tempatan) Sdn Bhd Level 42, Menara Citibank 165, Jalan Ampang 50450, Kuala Lumpur Description of "Others" Type of Transaction Circumstances by reason of which change has occurred Acquisition and disposal of shares. Nature of interest Direct Interest Direct (units) 441,481,566 Direct (%) 5.43 Indirect/deemed interest (units) Indirect/deemed interest (%) Total no of securities after change 441,481,566 Date of notice 28 Sep 2020 Date notice received by Listed Issuer 30 Sep 2020 Remarks : The total number of 441,481,566 Ordinary Shares are held through the following holders: 1) 2,509,800 Ordinary Shares are registered in the name of Employees Provident Fund Board; 2) 350,212,566 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board; 3) 2,400,000 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident FD BD (AMUNDI); 4) 5,502,600 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident FD BD (AFFIN-HWG); 5) 2,900,000 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident FD BD (RHB INV); 6) 6,660,000 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident FD BD (AM INV); 7) 28,100,000 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident FD BD (NOMURA); 8) 3,608,400 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident FD BD (ARIM); 9) 10,704,400 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident FD BD (TEMPLETON); 10) 6,518,800 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident FD BD (ABERDEEN); 11) 4,482,700 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Emplys Prvnt FD BD (ASIANISLAMIC) IC; 12) 5,160,500 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Emplys Prvnt FD BD (RHBISLAMIC) IC; 13) 3,745,100 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Emplys Prvnt FD BD (F.TEMISLAMIC) IC; 14) 2,526,600 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Emplys Prvnt FD BD (ABERISLAMIC) IC; 15) 3,597,700 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Emplys Prvnt FD BD (BNP NAJMAH EQ) IC; 16) 400,000 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Emplys Prvnt FD BD (CPIAM EQ) IC; and 17) 2,452,400 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Emplys Prvnt FD BD (NIAM EQ) IC. This announcement is dated 30 September 2020. Announcement Info Company Name TOP GLOVE CORPORATION BHD Stock Name TOPGLOV Date Announced 30 Sep 2020 Category Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016 Reference Number CS2-29092020-00116
So far no signs of trend rebound, only small technical rebound where intraday traders and contra players rush in the pump up the price and sell.
Buy with care, if you can monitor the transactions, you will notice that when you buy high, you are actually helping those intraday traders to earn 2% gain.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
howtoclimb
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Posted by howtoclimb > 2020-09-30 09:07 | Report Abuse
Malaysia foresee that rubber export will overtake palm oil export. Isn't that already a clear indication on glove counter prospering? We need to ride this together!