Posted by investopology > 2020-06-02 17:33 | Report Abuse

thats is depending how you interpret the meaning by this 35%. if today gloves is still continue go up you no need to worry. but retailers are panic sell today is also because they know this glove already go up so many percent within this two month.. so they will choose to cut win or some decided to sell due to this 35% margin call statement from banks.

but this is good to retrace for further go up higher for gloves counter. no need to worry for long term investor.

Posted by anthonywml82 > 2020-06-02 17:40 | Report Abuse

Bank No money. Do margin call..now bank collecting waiting QR report..LOL

Posted by investopology > 2020-06-02 17:43 | Report Abuse

yes if end of june release result, and the share ticket all at retailer hand.... how bank going to buy low and sell high for you again? so must have something to scare all of you shit out and sell low for them. hahaha

this always apply to this hot market especially topglove and comfort. Because the result not yet release and they know is going to superbest result.

Posted by anonimo > 2020-06-02 17:47 | Report Abuse

why Datuk & Datin keep disposed ? not comfortable with comfort ?

Posted by Waikit2224 > 2020-06-02 17:51 | Report Abuse

https://www.malaymail.com/news/money/2020/06/01/leong-hup-international-acquires-the-bakers-cottage/1871494

Posted by Waikit2224 > 2020-06-02 17:52 | Report Abuse

Above is d reason y director keep disposing.

Posted by DJoker89 > 2020-06-02 17:53 | Report Abuse

Day day disposed....hahahhaha non stop
Good luck laaaa......

Posted by thanos2020 > 2020-06-02 17:53 | Report Abuse

profit margin definitely not 10%... 30% is very possible, glove companies had increased their selling price by more than 50% initially after China announced the lockdown in Wuhan/later WHO announce it as global pandemic, prices were later increased easily to 100% because demand outstripped supply. When u hv something of so limited quantity and the surge in demand caused a backlogged of 6-9mths, you can sell at any price and ppl will still queue up to buy from you...

Posted by Waikit2224 > 2020-06-02 17:53 | Report Abuse

https://koonyewyin.com/2020/06/02/glove-share-price-correction-is-a-healthy-sign/

Posted by directorsell > 2020-06-02 17:56 | Report Abuse

bye bye. im selling

Posted by ImFromTheFuture > 2020-06-02 18:00 | Report Abuse

wow. minimum tp 5.90. luckily topped up again todat

Posted by Hush77 > 2020-06-02 18:02 | Report Abuse

supermax profit margin at the recent highest quarter is only 16%... it is usually below 10%...
while top glove most recent profit margin is less than 10%...

so to assign a fictitious 30% profit margin is like trying to do some scam or purely nuts..

Posted by PotentialGhost > 2020-06-02 18:04 | Report Abuse

Ya uncle you must add more don't only add 0.40 cts ,who willing buy , you must add at least double , comfort TP 5.90 x2 = 10.80 .

Posted by Apple1234 > 2020-06-02 18:05 | Report Abuse

Be a smart investor, go to find out why and what reason director want sold their share? Everydays talk nonsense at here you cant be rich. Let see all the glove counter, i already see it long time only comfort the volume is the highest everyday. Today volume of comfort is around 79,298,100. Everydays volume of comfort almost hit 80 to100 million. Have you guys think about it, who have so much of money make the volume everyday so big? I believe you guys, me, and uncle kyy dont have so big of money make the volume every day around 80-100 million. Only investment bank or funds have such big of money, rhb already buy enough supermax so they came out target price of RM10.50. And i believe rhb havent buy enough comfort so they reduce from buy to neutral comment.

Posted by 晓雨霖 > 2020-06-02 18:09 | Report Abuse

THANK VERY MUCH UNCLE KYY!!!
THANK VERY MUCH UNCLE KYY!!!
THANK VERY MUCH UNCLE KYY!!!
THANK VERY MUCH UNCLE KYY!!!
THANK VERY MUCH UNCLE KYY!!!

Posted by Kimgold > 2020-06-02 18:11 | Report Abuse

It is still a sell signal. Might go up after 2 days or next week. Judging from the recent non stop rally. The shares are on steroids from Margin financing. Tomorrow will be T2 for many people. Force selling will occur. No doubt banks will accumulate when it drops. But its still a sell.

Posted by Kimgold > 2020-06-02 18:13 | Report Abuse

I would prefer to buy when it reverses. Don't want to be catching falling knives.

Posted by Apple1234 > 2020-06-02 18:13 | Report Abuse

You can see comfort volume every month is too huge, i think you guys understand it? Smart investor or stupid investor which you will choose? Want at here fight with those without any knowledge people or want be a smart investor? Find out answer yourself?

Posted by Apple1234 > 2020-06-02 18:16 | Report Abuse

Directorsell: bye bye and no see.

Posted by Apple1234 > 2020-06-02 18:19 | Report Abuse

Big shark like to use story to eat small fish. But market many without any knowledge investor keep doing this kind of things let big shark eat.

Posted by mf > 2020-06-02 18:23 | Report Abuse

DATIN GOH KIM KOOI (a substantial shareholder) disposed 165,000 shares on 01-Jun-2020.

Posted by jolow > 2020-06-02 18:24 | Report Abuse

glove is bursting. fda tangkap

Posted by EliteYY69 > 2020-06-02 19:01 | Report Abuse

there's no point to invest glove counter anymore, most of the company are overvalued. all goreng until so high price. and the boss and big shark selling and having party.

Posted by PotentialGhost > 2020-06-02 19:07 | Report Abuse

Maybank report just now give out comfort TP 21.00 , RHB already sapu 120m comfort shares

Posted by Invest89 > 2020-06-02 19:13 | Report Abuse

Comfort TP 21. Are you kidding? Please share the link.

Posted by KL Liew > 2020-06-02 19:19 | Report Abuse

where u see this news? potentialghost
Maybank report just now give out comfort TP 21.00 , RHB already sapu 120m comfort shares

Posted by skyhin > 2020-06-02 19:34 | Report Abuse

Wow.. 120m... What is estimate RHB? 250m or more more.....

Posted by bullshitslayer > 2020-06-02 19:35 | Report Abuse

he is just being sarcastic. chill bro. jokes aside, tomorrow the graph might be a downtrend. good opportunity to buy in.

Posted by George Leong > 2020-06-02 19:40 | Report Abuse

We have seen many companies reporting bad financial results for Q1FY2020, with 18-31 March under MCO. In Aug-Sept, many companies will announce Q2FY2020 financial result, and many companies are expected to report much reduced profit or losses as for the entire month of April, we had MCO. Guess which sector is the only sector that will do well? And which sector fund managers be putting their billions of cash in?

Posted by MariYahiMariYaho > 2020-06-02 19:43 | Report Abuse

Tomorrow auntie uncle cash out FD , hoot 99 glove counter , u directly wettttt

Posted by Kimgold > 2020-06-02 19:51 | Report Abuse

Rhb revise margin financing for comfort at rm2.35....so no more steroids unless it reaches that price. Tomorrow will go down further.... Sad

Posted by marvin95 > 2020-06-02 19:54 | Report Abuse

Lol already revised nia, still revise?

Posted by jolow > 2020-06-02 19:56 | Report Abuse

charcoal already

Posted by abang_misai > 2020-06-02 20:01 | Report Abuse

Don’t worry. Uncle K will support

Posted by antidebt > 2020-06-02 20:05 | Report Abuse

windfall tax coming.

Posted by Enquire > 2020-06-02 20:10 | Report Abuse

HLT is in the news. Positive sign of share going up.

ofhttps://www.theedgemarkets.com/article/rubber-gloverelated-hlt-global-hits-limit-mania-continues

Posted by IKAN_B1L1S > 2020-06-02 20:11 | Report Abuse

Think carefully, with all the inputs above which is self explanatory, why bank reduce margin and suddenly increase TP.
Regarding QR and Profit Margin, I’m sure all studied well enough to know most company Q1 starts from Jan to Mar. In the case of comfort which their Q1 is from Feb - Apr which is during the uptrend of pandemic situation. So higher Profit Margin? Why not?

Posted by shareinvestor88 > 2020-06-02 20:30 | Report Abuse

IB reduce margin , better get out ASAP. TP 1.00 - 1.50

Posted by ochai > 2020-06-02 20:40 | Report Abuse

kanina..

Posted by IKAN_B1L1S > 2020-06-02 20:41 | Report Abuse

@shareinvestor88 do you know what is reduce margin? Mind to elaborate?

Posted by Abba84 > 2020-06-02 20:43 | Report Abuse

https://koonyewyin.com/2020/06/02/glove-share-price-correction-is-a-healthy-sign/

Posted by Dcmh > 2020-06-02 21:03 | Report Abuse

Can short tmr and may limit down

Posted by ImFromTheFuture > 2020-06-02 21:04 | Report Abuse

dcmh idss ends endof june, dont so desperate to spread fear

Posted by skyhin > 2020-06-02 21:05 | Report Abuse

Wow... 3.75 vs limit down 2.35.... mean gap 1.40....

Posted by shareinvestor88 > 2020-06-02 21:06 | Report Abuse

IB reduce margin cover for glove

Posted by Dcmh > 2020-06-02 21:06 | Report Abuse

Limit down till Friday game over

Posted by michaelwong > 2020-06-02 21:10 | Report Abuse

Sohai no stock will continuously drop or go up mah . Where is your simplest logic sense ?

Posted by MariYahiMariYaho > 2020-06-02 21:33 | Report Abuse

W shape going up soon. Hmmmm no haircut for K+ should I move some to K+?

Posted by tallman > 2020-06-02 21:35 | Report Abuse

To those who bought at high prices with margin have to top up loh. If no money than have to force loh. Who borrowed margin not yet sell?

Posted by shareinvestor88 > 2020-06-02 21:42 | Report Abuse

https://www.theedgemarkets.com/article/brokerage-houses-tighten-margin-financing-glove-makers-stocks-amid-trading-madness