Warning guys. Don't listen to all the people calling to buy. Seriously today is a sell. You can buy tomorrow or on Friday when it reverses. Don't get burn. 3 banks are selling today. Taking profit and moving to other sectors such as banking. So I would advise to sit it out and monitor first.
Don't forget those that bought at Rm4 and rm3. 75 and rm3. 50 and rm3. 20 are all trapped. They will be waiting to sell. Rm750 million was bought during those prices in the past 2 days. They will be force to pay up or sell off today and tomorrow. Think for yourself.
All of you can check all related glove and hc stocks daily chart yesterday. You can see that at around 10.30 am. Most of the related stocks are very similar. I dont think those rebound are being pushed by retailers. There must be 'whale shark', syndicate and banker that push the price up
The problem with margin caps is that they should give a one week notice before it takes effect. Announce after 5pm and takes effect the next day. Bursa should do something about this. Just imagine now 3 banks announced yesterday and now they are forced to trim their gloves holdings. As for Ambank they value careplus at 36 cents before allowed margin financing again. That simply means a sell down. It is wrong for IBs to hide such information and if they do announce margin cap should be given one week period before it happens.
This is something KKY was not expecting. He was surprise rhb and maybank would cap margin financing but now Ambank Uob and Cimb too. This is the black swan factor. Not within any investors control.
Chill abit la guys, directors disposed shares because they need cash to acquire bakers cottage via Leong Hup.. Don't forget that Dato is one of the shareholders of Leong hup..
Really? Come on guys. I’m telling those who are still holding gloves. Please. U believe in gloves last week and now throw your ticket after the margin capping issue?
Don’t be a follower...believe in what you believe. U can lose, but don’t lose selling panic....give it 2 more weeeks after Topglove’s result is out. If no confidence then sell before comfort QR.
If I were to be a very neutral person. No doubt, based on how glove counters rebounded. Supermx and Topg seem to be more favourable.
But in my opinion, I did a lot of calculation on comfort. Even if its quarter is not as good as supermx which I believe many of you here do, its fair value willl not just be 2 or 3. Come on. Believe in what u believe, this Covid will last until 2021 then it will slow down but vaccine? Pls la....
Just my 2 cent but seeing I believe many uncle Aunty got scared by the comments here. I was busy collecting supermz at around 6 ytd and thank god it rebounded. I still believe if one moves, the rest follow. So don’t be too worried guys. If u believe and ure not too greedy. 4 bucks is feasible. Give it time. June can’t? Then 1 more quarter. I believe eventually the asp will be on par with other glove players if they haven’t increased their asp in feb mar and apr. It’s either they report super good qr or okok good qr then will be super good next month.
If ure in the boat already. Then just believe. That’s it. Make ur own decision. Not just asking around. I’m glad that I have sold 20% on Monday and topped up on supermz ytd. Basically I’m all in too in glove counters because I believe. My paper gain now before market opens today is around 1.2m. One tick in comfort is 3k. I’m not panic yet. And I’ll collect more on gloves today if it drops. Maybe supermx and Topg.
Just calm down and believe in what u believe. Knowledge 50% EQ 50% then u can earn in stock market if ure not greedy. I’m greedy, I’m looking into 200-300% profit in glove. If ure just looking into 40-50%. I dk why comfort cant give u if u have patience.
I’m not a rich man. I started trading 4 years ago once I graduated. I built my capital with margin. I always keep my margin at a safety level. My capital now is already 7-8 fold now. I always read both sides of the stories and analyse myself. U have to make ur own decision. Pls don’t think these ppl are in ur shoes. They comment without responsibilities. It’s ur hard earned money. If u study well before u come in. U have to be mentally strong. If u just come in goreng without knowing anything. I’m glad u got washed out. Because u don’t know shit at all. Good luck.
I think there will be a rebound today before the downtrend tomorrow. I advise those who are stuck to use the opportunity to clear shares first and wait for MCO decision.
come hengyuan 4324, hengyuan c12 , hengyuan c13. Heng yuan is the best company among all the o n g campany, good management team, good fundamental. petronas cut expenses will no effect and oil price is going to break new high, when opec meeting deal, will fly to moon. history at 2017 will come back which is the share price increase from RM2 to RM19 .The price will up very fast due to only 300 millions share, next supermx is coming . want money just come
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shareinvestor88
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Posted by shareinvestor88 > 2020-06-04 07:25 | Report Abuse
Sell today before another selldown on Friday