Posted by Pandu1 > 2020-11-04 11:14 | Report Abuse

Directors disposed a v small portion of their holdings. 1million out of 92million.

Posted by Pandu1 > 2020-11-04 11:16 | Report Abuse

2mil o/o 30mil

Posted by Start_0f_the_bull > 2020-11-04 11:17 | Report Abuse

Pity those who have cut loss on Monday due to the influence of that two big mouths.

Posted by Pandu1 > 2020-11-04 11:17 | Report Abuse

Directors also need money ma to buy alot of things, like new ferari etc. Tax exemption going to end ma.

Posted by Pandu1 > 2020-11-04 11:29 | Report Abuse

Jgn keyla dilecter mau bili atau juat aa. Ada lamai bili dia naik lo. Ada lamai juat dia tulon lo. Tala susah lo.

Posted by Pandu1 > 2020-11-04 11:31 | Report Abuse

Apa pon aa, keyla2 aa, saham sarung tangan aa sama itu tutop mulut manyak babut lo. Bili simpan lo. Lanti boleh bili Ferari lo.

Posted by keown83 > 2020-11-04 11:35 | Report Abuse

guys..chill..those bod selling is a dbt at fixed price RM3.60..thats the way they raised cash that they said want to use for expansion planning..remember recently they announced private placement at RM3.60? thats part of what happen..whats good about this counter is that they doesn't need any loan, & they raised cash for business expansion

Posted by Morpheus61 > 2020-11-04 11:40 | Report Abuse

keown83, some of these guys will never understand the basics even if you drill it into their heads. That's the way life is.

Posted by strattegist > 2020-11-04 11:44 | Report Abuse

green

Posted by Pandu1 > 2020-11-04 11:59 | Report Abuse

Ware mask n keep quiet. The more u talk, d more virus will come. Just Buy low n sell high. Happy investment.

Posted by strattegist > 2020-11-04 12:56 | Report Abuse

good

Posted by Noobee88 > 2020-11-04 14:04 | Report Abuse

@keown... thanks for your insight! And positivity

Posted by DonWorryBeHappy > 2020-11-04 14:57 | Report Abuse

Apasal engine takda minyak

Posted by strattegist > 2020-11-04 15:39 | Report Abuse

sustain

Posted by aezrin > 2020-11-04 15:47 | Report Abuse

time to go in

Posted by koey > 2020-11-04 16:00 | Report Abuse

(Nov 4): The ceiling price set for the Covid-19 vaccine offered to Malaysia under the Covid-19 Global Vaccine Access (COVAX) facility is US$21 (RM87.50) each, said Science, Technology and Innovation Minister Khairy Jamaluddin. Putrajaya is in the final stages of negotiations to participate in COVAX, he said in the Dewan Rakyat today.

Posted by TonalDrump > 2020-11-04 16:10 | Report Abuse

Too many noobs buy carepls. Good performing company, strong fundamentals, lowest PE among glove counters. But when price fluctuates a little bit, all the noobs panic sell and push the price lower, losing money in the process.

regardless who wins US election, regardless what happens to budget, regardless of covid vaccine, there will be guaranteed high demand for gloves until at least end of 2021.

Noobs, play stock, heart must be strong. If so easily panic better put your money in public mutual

Posted by strattegist > 2020-11-04 16:15 | Report Abuse

gedebuk

Posted by MariYahiMariYaho > 2020-11-04 16:22 | Report Abuse

Refresh , flush out tension , join in new heart

Posted by keown83 > 2020-11-04 16:58 | Report Abuse

didn't i told guys its going to be a roller coaster ride this week? just chill..if u can't take it, u shud already exited this morning

Posted by keown83 > 2020-11-04 17:04 | Report Abuse

even a very strong counter supermax that will announce their upcoming gigantic QR can't lift up today..so just chill..all this superb QR glove counters will lure in back smart money once all the related negative sentiment ended..smart money investors know they can't rely on manipulative counters for long.they only ride it when opportunity comes in

Posted by Jonathan Keung > 2020-11-04 17:10 | Report Abuse

News of proposed windfall tax hurting gloves counter. Where is the line what's super profit when you put the top 4 against a new start up. Latex , nitrite , medical or household grade { all have different market and pricing } not forgetting new start up who have to bear EBIT last but not the least the amortization cost

Posted by keown83 > 2020-11-04 17:23 | Report Abuse

@Jonathan Keung - my comment is only for these counters:

Topglove, Supermax, Hartalega, Kossan, Comfort, Careplus & Ruberex

all these counters produced a superb continous QR performance with assurance of business expansion with their footprint already known globally (regardless by self brand, OEM or JV)..only these 7 glove counters have a proven data

i think i know what u mean is rubberex..but rubberex has already transformed many if not most of their production line to cater nitrile gloves demand & less production of other material gloves & all has been reflected into their latest QR..so does the other 6 gloves companies..all i say is these 7 companies really know what they were doing & knew very well what global demanded from them

i have no comment on other way laggard glove counters, let alone those that still have no fully-operational factory yet

Posted by RealTrader > 2020-11-04 17:33 | Report Abuse

Ppl are still not giving up in careplus.... No wonder some try to manipulate the price cos they are desperate ... sadly we dunno who are these ppl...

Posted by RealTrader > 2020-11-04 17:34 | Report Abuse

Be patience and accept to hold for long

Posted by strattegist > 2020-11-04 17:42 | Report Abuse

closed red

Posted by JohnFarmer458 > 2020-11-04 19:10 | Report Abuse

https://www.malaysiakini.com/news/549402

Perlumbaan mendapatkan vaksin Covid-19 mendedahkan kemungkinan berlaku pertikaian melibatkan kerajaan di seluruh Asia Tenggara, termasuk Malaysia, dengan China sebagai pengeluar yang disasarkan.

Nikkei Asia dalam laporan yang merangkumi perkembangan di beberapa negara Asia Tenggara menyorot rundingan secara berhati-hati yang dikatakan melibatkan Menteri Luar China Wang Yi dan Wisma Putra.

Wang Yi dalam lawatannya bulan lalu menjanjikan keutamaan China kepada Malaysia dalam mendapatkan akses vaksin, namun Nikkei melaporkan bahawa China turut membuat permintaan mereka.

Nikkei memetik seorang pegawai Malaysia yang tidak didedahkan mengatakan Wang Yi telah meminta agar 60 warganegara China yang ditahan dalam enam kapal nelayan kerana menceroboh perairan Malaysia dibebaskan beberapa hari sebelum lawatan beliau

-----

Tomorrow Vaccine down, Glove up

Posted by Noobee88 > 2020-11-04 19:34 | Report Abuse

Stay invested with confidence,,,if you can...just chill....careplus will hold its own, but personally I don’t think this will see its heydays leading up to August 6th when it peaked.
Just wait patiently...it’s not going to die either.

Posted by Start_0f_the_bull > 2020-11-05 06:21 | Report Abuse

Positive news today with the fall of Trump. US market already rally last night.

Posted by pakdin2023 > 2020-11-05 08:08 | Report Abuse

Listing Date 05-Nov-2020
New type/class? No
Type Private Placement
Details PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN CAREPLUS, REPRESENTING UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES IN CAREPLUS (EXCLUDING TREASURY SHARES, IF ANY)
No. of shares issued 9,720,000
Issue Price Malaysian Ringgit (MYR) 3.600
Par Value - 0.000
Total NOSH 550,079,799

Posted by pakdin2023 > 2020-11-05 08:14 | Report Abuse

KUALA LUMPUR (Nov 4): A windfall tax being imposed on the glove sector in Malaysia will be difficult to execute, opined CGS-CIMB Research, adding that should this materialise in the upcoming Budget 2021, it would likely be a one-off collection or payment to the government.

In a note today, CGS-CIMB said the difficulty is due to a lack of standardised pricing of gloves due to the variety in types, specifications and product grades as well as intended target markets.

Nevertheless, should this happen, it will have negative implications for the sector, particularly its long-term prospects, it said.

CGS-CIMB maintained "overweight" on the rubber glove sector.

The Malaysian government is set to table Budget 2021 on Friday (Nov 6). There have been growing concerns that the government would implement some sort of windfall tax on glove companies to shore up its coffers amid ongoing economic uncertainties.

This is in view of recent "supernormal" profits enjoyed by the glove sector, given the surge in both demand and average selling prices (ASPs) of gloves due to the Covid-19 pandemic, CGS-CIMB noted.

“For illustration purposes, we conducted a sensitivity analysis of the potential impact of a higher corporate tax rate. We found that a 5% rise in the corporate tax rate could cut the sector’s 2020 net profit by 6.5% and allow the government to raise an extra RM593 million in taxes for 2020.

"Based on our estimates, glove companies we cover are already slated to pay total corporate income tax of RM2.8 billion and RM4.7 billion for 2020 and 2021 [respectively], based on our forecasts,” it said.

If a windfall tax materialises, CGS-CIMB said it believes Malaysian glove makers may opt to expand overseas.

This could result in potential opportunity loss for the government due to lower future investment by glove players and its spillover benefits, it said.

Posted by pang72 > 2020-11-05 08:50 |

Post removed.Why?

Posted by Start_0f_the_bull > 2020-11-05 09:19 | Report Abuse

The 'Big mouth' is back! Where is the other one?

Posted by strattegist > 2020-11-05 09:58 | Report Abuse

green

Posted by icyminsfw > 2020-11-05 10:42 | Report Abuse

Becareful trading today afraid tomorrow Anwar Ibrahim make Motion of No Confidence at the parliament.

Posted by strattegist > 2020-11-05 10:46 | Report Abuse

steady

Posted by Atoi63 > 2020-11-05 11:43 | Report Abuse

Green

Posted by strattegist > 2020-11-05 11:57 | Report Abuse

steady green

Posted by MAIGUPIAO > 2020-11-05 12:01 | Report Abuse

Pang72, please put your home address here, I want to pay you a visit

Posted by diuleiloumei > 2020-11-05 12:03 | Report Abuse

come on K+ !!!

Posted by strattegist > 2020-11-05 12:22 | Report Abuse

sustain

Posted by newbie8080 > 2020-11-05 13:09 | Report Abuse

Topglove: Overwhelming Demand For Nitrile Glove

https://klse.i3investor.com/blogs/20200913StoryRM200Bil/2020-11-05-story-h1535632544-Topglove_Overwhelming_Demand_For_Nitrile_Glove.jsp

Posted by strattegist > 2020-11-05 13:13 | Report Abuse

green

Posted by Noobee88 > 2020-11-05 13:32 | Report Abuse

Steady K+!!!

Posted by zzzzz > 2020-11-05 13:56 | Report Abuse

Directors keep disposing the shares.....

Posted by ahbah > 2020-11-05 14:01 | Report Abuse

The United States is averaging 850 deaths a day, up from 700 a month ago.

Posted by kachan > 2020-11-05 14:46 | Report Abuse

buy buy buy all glove will limit up. Will regret not buy today.

Posted by SwingTrader90 > 2020-11-05 15:37 | Report Abuse

3.3 coming. buy now

Posted by bigby7 > 2020-11-05 16:00 | Report Abuse

gloves stocks all are back to uptrend mode. after tomorrow's budget will up even more.

Posted by DonWorryBeHappy > 2020-11-05 16:08 | Report Abuse

When start rally, 3.30 pun cheap sudah