Posted by strattegist > 2021-06-03 10:07 | Report Abuse

steady

Posted by i3Shark > 2021-06-03 10:39 | Report Abuse

mass vaccination, US - new pair for each dose of vaccination, why glove counter still drop like rubbish

Posted by CUTLOST > 2021-06-03 11:13 | Report Abuse

Can buy back later waiting for new Entry

Posted by Rise5151 > 2021-06-03 11:33 | Report Abuse

just paid out dividend 2sen per share sure drop abit , dont worry if u have this k+ in portfolio , already 2 quarters giving dividend

Posted by tiruban85 > 2021-06-03 11:53 | Report Abuse

@taipan i saw in news yesterday, some European countries dont use gloves during vaccination. only mask. this is not proper.

Posted by strattegist > 2021-06-03 13:24 | Report Abuse

red

Posted by strattegist > 2021-06-03 13:24 | Report Abuse

merah

Posted by Hotstuff > 2021-06-03 13:51 | Report Abuse

still people buying into the "each glove for each vaccination" fairytale after a decade. what a poor mindset as a trader

Posted by Legend > 2021-06-03 14:58 | Report Abuse

Adoiiiiiiii..

Posted by strattegist > 2021-06-03 15:14 | Report Abuse

red

Posted by Speed99 > 2021-06-03 16:06 | Report Abuse

Dont miss the boat... collect now .. rebound soon

Posted by tiruban85 > 2021-06-03 16:15 | Report Abuse

@Hotstuff it is not about people buying into that. for your info, my wife is a doctor, a frontliner, and incharged off covid ward in her hospital. and today morning also i asked her, she said, u need to wear gloves for vaccination. it is the procedure.

What we concerned about is, this industry is recording very low PEs. and other industry have higher PEs, some tech stock has 30++. why is like that?

Posted by strattegist > 2021-06-03 16:20 | Report Abuse

merah

Posted by Taipan > 2021-06-03 16:22 | Report Abuse

@tiruban85 - the reason these countries not using gloves is because of huge shortage of FDA approved medical grade gloves. So they prioritize vaccination whilst waiting for their glove orders to come. So now you all now that demand is so great and supply is just not enough.

These are FDA approved medical grade gloves, not Lazada / Petaling Street low quality unapproved gloves.

Posted by Stockhunter88 > 2021-06-03 17:04 | Report Abuse

Time to buy

Posted by strattegist > 2021-06-03 18:40 | Report Abuse

closed red

Posted by strattegist > 2021-06-03 18:41 | Report Abuse

tutup merah

Posted by Li Li > 2021-06-03 22:16 | Report Abuse

will drop to 1.4 or not? waiting to collect

Posted by GengSaham > 2021-06-03 22:50 | Report Abuse

Hope tomorrow get discount

Posted by Taipan > 2021-06-04 08:14 | Report Abuse

Supermax's drop from KLCI index is NOT because of its current HUGE and future earnings, PAT. NOT because of its SUPERB current and future performances. NOT because of its current and future expansions. NOT because of its HUGE cash and treasury reserves. NOT because of the HUGE demand for gloves and masks which are all FDA approved. NOT because supply cannot meet demand for FDA / Authority approved medical grade gloves. NOT because of its strong fundamentals.

Its all because of Share Price Manipulation, RSS, fear mongering, etc, etc to create Panic Selling. If you have holding power for medium term, best to hold. Let the IBs and RSS continue with fake Q for selling and buying. Eventually all will get caught and the share price will start to rise.

The above may cause selling pressure in K+. Many are waiting to collect cheap.

Posted by Bgt 9963 > 2021-06-04 08:22 |

Post removed.Why?

Posted by FaridIsland > 2021-06-04 09:14 | Report Abuse

Gd morning.. waiting to add more!

Posted by Uniglo > 2021-06-04 09:16 | Report Abuse

My remisier say will drop back to 1.40 range. Too early to buy now, heavy seller

Posted by FaridIsland > 2021-06-04 09:24 | Report Abuse

Ok..but..1.60..gd buy aldy..wl add diz price!

Posted by Gordon Weng M.T > 2021-06-04 09:33 | Report Abuse

time to shake away those weak holders

Posted by strattegist > 2021-06-04 10:24 | Report Abuse

sustain

Posted by strattegist > 2021-06-04 12:31 | Report Abuse

red

Posted by strattegist > 2021-06-04 12:32 | Report Abuse

merah

Posted by waynelzy > 2021-06-04 12:46 | Report Abuse

careplus is buying back the share vol of 244mil right? it is about 20% of current stock. will it means that the share price will benefit after this buy back exercise?

Posted by CUTLOST > 2021-06-04 14:34 | Report Abuse

Ayo.. Operator kasi tekan lg maa

Posted by strattegist > 2021-06-04 15:16 | Report Abuse

red

Posted by strattegist > 2021-06-04 15:57 | Report Abuse

merah

Posted by strattegist > 2021-06-04 17:59 | Report Abuse

closed red

Posted by strattegist > 2021-06-04 18:00 | Report Abuse

tutup merah

Posted by investopology > 2021-06-04 18:23 | Report Abuse

Next week good news announcing! Good luckk all

Posted by hsyanbird > 2021-06-04 18:24 | Report Abuse

more panic seller i more like. Please help me to make another 100%profit @ 1.3 please.

Posted by Sneakpeek > 2021-06-04 18:25 | Report Abuse

I'm so free right now i give glover simple analysis haha..

10 days ago

1st tier
TG 5.48 now 4.90 down 10%
Kossan 4.40 now 3.76 down 14.5%
Harta 10.06 now 8.57 down 14.8%
Supermax 5.10 now 3.92 down 23%

2nd tier
Rubberex 1.32 now 1.06 down 19.7%
Comfort 2.50 now 1.99 down 20%
HLT 1.19 now 0.90 down 24%
Care+ 2.87 now 1.84 down 35%

Posted by marubozuu > 2021-06-04 20:07 | Report Abuse

This rubbish stock will drop again and again because vaccination is huge already, to those still hope it will rise better cut loss now to save all capital, otherwise will loss all of it

Posted by KMCHouse > 2021-06-04 22:41 | Report Abuse

will go to 1.3, sell dont buy, vaccination in huge progress, those hold high just cut loss or will loss more capital

Posted by Mini2021 > 2021-06-05 00:50 | Report Abuse

will go to RM 1, once covid is over, hospital will close and people will stop using glove....sell before too late.... Many University stop to intake Medical degree students as after Covid , demand for this field will drop ......

Posted by HrryPttr > 2021-06-05 12:42 | Report Abuse

Hahaa Mini2021 most genius and sarcastic comment in 2021

Posted by dumbdumb123 > 2021-06-05 12:48 | Report Abuse

Covid 19 will become endemic, it will never disappear, but will keep evolving . A lot of nonsense being talked about here.

Posted by Samtang > 2021-06-05 14:01 | Report Abuse

KHChouse, for your reference.


already take 2 times vaccine also can get covid again, sure glove will rise to rm2.5 again

03/06/2021 8:58 AM

tomorrow expected bursa 800 counter will red, stay away from tech stock and focus buy health and glove stock like careplus, pharma, or adventa for safety

31/05/2021 10:55 PM

Posted by FaridIsland > 2021-06-05 15:12 | Report Abuse

No la..tech + glove...always 2gether! WFH...tech nvr die!

Posted by Samtang > 2021-06-05 16:03 | Report Abuse

KHCHouse said on 3/6 will rise to 2.5, then on 4/6 say will go to 1.3

Posted by Samtang > 2021-06-05 19:43 | Report Abuse

Then u collect

Posted by Petronas > 2021-06-06 08:48 | Report Abuse

Cheap?

Posted by GengSaham > 2021-06-06 09:42 | Report Abuse

Lowest already

Posted by Taipan > 2021-06-06 11:05 | Report Abuse

https://www.mida.gov.my/mida-news/rubber-gloves-to-maintain-double-digit-growth/

Rubber gloves to maintain double-digit growth

31 May 2021

The global demand for rubber gloves is projected to maintain a double-digit growth of between 12% and 15%, backed by the persisted healthcare demand amid the rolling out of the Covid-19 vaccines, said Malaysian Rubber Council (MRC).

MRC CEO Nurul Islam Mohamed Yusoff said the expectations remain high as Malaysia’s export of rubber products continued to chart an upward trajectory since the beginning of the year.

“The global per capita consumption of rubber gloves is expected to increase to 25 pairs in 2021 driven by higher usage of gloves in major Malaysia’s export markets such as the US and Europe as well as large emerging markets, particularly in the Asian region.

“Malaysia’s rubber glove industry will maintain its positive momentum and exports are expected to reach a new high for the full year of 2021,” he said in a statement.

Between Jan and March this year, the revenue of Malaysia’s rubber exports jumped 169.6% to RM21.84 billion from RM8.1 billion made from the same period in 2020.

The downstream rubber products, which formed 89.5% of the total exports of the rubber industry with RM19.54 billion in value, also increased tremendously by 213.8%, driven by the strong increase in the latex goods sector.

Meanwhile, latex goods such as rubber gloves, latex threads and condoms recorded a total increase of 250.6% due to the ongoing Covid-19 pandemic.

In the first quarter of 2021 (1Q21), latex goods accounted for 93.7% of total exports of rubber products while dry rubber products accounted for the remaining 6.3%.

The gloves sub-sector remained the largest export revenue generator for the rubber industry as it increased nearly four-fold or 265.7% to RM17.86 billion in the first three months of 2021.

For dry rubber, the sub-sector had bounced back to record double-digit growth of 22.1% to reach RM1.22 million in 2021 from RM1. billion, after recording a decline in the first quarter of last year due to the pandemic.

The dry rubber products sector includes tyres, industrial rubber goods, general rubber goods, and footwear.

Tyres, which is the largest exports within the dry rubber products sector, recorded RM431.5 million in 1Q21 with an increase of 24.6% compared to RM346.2 million last year.

Meanwhile, total exports of industrial rubber goods, which comprised of products for the automotive, mining and construction sectors, improved by 29.2% to RM306.3 million in 2021.

Commenting on the prospect of the domestic rubber industry, Nurul Islam said it needs to move up the global value chain while the rubber companies must explore ways for their products to be associated with bigger purposes of which will ultimately gain international recognition.

“Current initiatives are geared towards creating value for Malaysia’s rubber industry to ensure it remains resilient, agile, competitive and sustainable.

“The intended outcome is to elevate the industry up towards the global value chain in ensuring optimising potentials while enhancing the rubber industry to address bottlenecks and governance and reputational challenges,” he said.

He added that MRC will identify and nurture small and medium-sized enterprises (SMEs), particularly from the dry rubber sector and assist them in exploring the international markets.

“There are four key areas which gear towards funding and grants, technical support, training and development as well as export marketing and branding that we are implementing and they would be tailored to the needs and potential of the selected companies,” he said.

Source: The Malaysian Reserve

Posted by CHLEONG888 > 2021-06-07 11:17 | Report Abuse

will only consider when drop to 1.50