Posted by mf > 2020-06-26 22:33 |

Post removed.Why?

Posted by nickthebest > 2020-06-26 23:21 | Report Abuse

Lucky Don't have holdings already. Otherwise cannot sleep well.

Posted by HerbertChua > 2020-06-26 23:33 | Report Abuse

Dear readers,

The reason is because their customers are satured. One day they can buy glove, the next day they can be gone.

Compare to Hartalega's customers who are more than 50% in the US medical and government industry that benefit from US Federal Reserve funding.

Another reason is an analyst CHUA SIU LING from PublicInvest that decided to downgrade Glove sector after promoting like a car salesgirl selling hot cakes.

The real pandemic is the incompetent and unethical analysts that sell their shares at the same time asking retail investors to buy.

Thank you

Chua

Posted by Broke College Student > 2020-06-26 23:36 | Report Abuse

I am lazy to explain and convince you guys. Just sell if it is too stressful for u. Sell and put ur money in FD or milo tin. Stock market is not for yall

Posted by Broke College Student > 2020-06-26 23:44 | Report Abuse

DJI red then? has gloves' fundamental changed?
WHO/FDA approved Vaccine?
Covid cases daily decrease?

If no and gloves drop. Is this a good buying opportunity?
For those who bought high, is this a good chance to u to average down your cost?
We already have confirmed information on the ASP, we are all aware that this Aug and September will report super super super good earnings. if Covid doesnt slow down, the following QR is even scarier. So why dont buy when it's red? why chase high when all chase?

Am i the one who doesnt understand how market works and how the funds manipulate the retailers' mind? or are u guys too naive in the market? Glove especially comfort has gone up 4-5 fold for the past 2 months and it has dropped 20+% from its highest then you all panic?

Tell me. What is correction? shoot up 100% then drop 1-2% then shoot up another 100-200%? Pls la.....I understand some of u chased high then is it now not a good chance for u to average down ur cost? Why panic sell?

And IDSS has been delayed again to dec 2020. This is a very good news to glove counters. So pls. dont panic.

Tmr is sat, spend some time reading all the reports released by the IB for the top 3 glove companies. read and read and read and understand on their ASP. calculate their forward PE. understand what is glove's standard PE.

Please. dont be like a joke

Posted by Neut_ron1 > 2020-06-27 04:36 | Report Abuse

Pandemic is still spiking in some countries ...demand of gloves still there & increasing. Surely this counter will rise...still a worth keeping & adding for comfort.
Disclaimer: not buy/sell call

Posted by mf > 2020-06-27 06:43 | Report Abuse

rumours that a windfall tax will be imposed on the sector, as the glove industry is one of the very few sectors that benefited significantly from the Covid-19 pandemic.

Posted by Michael Dreamun > 2020-06-27 07:09 | Report Abuse

Hearsay mf is a sick ghost.

Posted by Kimgold > 2020-06-27 07:52 | Report Abuse

Public invest basically rate the glove sector neutral now after taking into account the increased ASP and profits. Basically they said it is not sustainable and will be until the 1st quarter of 2021. Hence price is fairly priced at the moment.

Posted by shareinvestor88 > 2020-06-27 09:02 | Report Abuse

Way overpriced , TP 1.00 -1.20

Posted by nickthebest > 2020-06-27 09:04 | Report Abuse

67 again...Dow drop so much again....Maybe I can get it at RM2 next week haha

Posted by ivanlau > 2020-06-27 09:09 | Report Abuse

actually economic down due to covid-19 is a good news for glove counters...... think about that ........

Posted by mf > 2020-06-27 09:22 |

Post removed.Why?

Posted by ccheemd > 2020-06-27 09:55 | Report Abuse

Flight to safety when there’s uncertainty, for KLSE that’s glove

Posted by Sansing > 2020-06-27 09:59 | Report Abuse

Monday, maybe gap down loh!

Posted by dumbdumb123 > 2020-06-27 10:51 | Report Abuse

Glove stocks are still the best bets under current pandemic conditions. No 2 ways about it.

Posted by mf > 2020-06-27 10:53 | Report Abuse

fall in rubber glove counters was due to rumours that a windfall tax will be imposed on the sector,

Posted by harold8990 > 2020-06-27 12:53 | Report Abuse

Hahaha...new we will see who have strong hands..

Posted by Dragon20 > 2020-06-27 13:34 | Report Abuse

From 85sen jump to 4.20,and now 2.77... Director n sharks already disposing... U guys need to find stock that have room for uptrend and still undervalue, share with u guys look the 2nd one, directors takeover from sg, good earnings, cash rich 300m, got 5 new International customer due to us trade war few months ago
https://klse.i3investor.com/m/blog/kenangaresearch/2020-06-24-story-h1508938757-Daily_technical_highlights_ndash_KRETAM_ATAIMS.jsp

Posted by bullrun2020 > 2020-06-27 14:43 | Report Abuse

Goddessofpillowtalk, you really make my day... I just can't stop laughing after saw your statement...

Posted by jolow > 2020-06-27 17:02 | Report Abuse

something very bad happening soon
unload first

Posted by mf > 2020-06-27 18:47 | Report Abuse

A coronavirus vaccine is still months away, but an antibody treatment could be closer
By Jen Christensen, CNN

Updated 2122 GMT (0522 HKT) June 26, 2020

Posted by saahmad7 > 2020-06-28 07:16 | Report Abuse

June 26, LUBBOCK, Texas (Reuters) - The United States recorded 45,242 new cases of COVID-19 on Friday, the largest single-day increase of the pandemic, according to a Reuters tally, bringing the total number of Americans who have tested positive to at least 2.48 million.

Posted by tahong > 2020-06-28 09:54 | Report Abuse

Public Invest downgrade glove counters from overweight to neutral ,cos earning cannot be sustain after 2021. Beware lol! folks

Posted by Boon Keng > 2020-06-28 10:28 | Report Abuse

Seem like Malaysia not going to number 1 glove manufacturers soon. China starting to build more gloves factory to supply more to global market.

https://www.klsescreener.com/v2/news/view/694807

Posted by Cnlim > 2020-06-28 11:39 | Report Abuse

Don't waste your time commenting wait for rebound to punt . commenting cannot make a living

Posted by luckyzaii27 > 2020-06-28 14:30 | Report Abuse

It's kind of funny reading the comments. When the price really reach 2.20-2.50 as most want to collect, it's already downfall by 25%. Would you still tempted to buy? I guess not. You will keep saying tp 1.00 overpriced that time. And if continue downfall, you will say not worth, 50sen stocks. So those serious buyers, if you wanna buy, just buy it. Dont bother those toxic comments. It's your calculation and valuation, not their money, they just talk, cost free.

Posted by nickcome508 > 2020-06-28 15:26 | Report Abuse

Agree totally Lucky.

Posted by Cashbanana > 2020-06-28 17:12 | Report Abuse

https://klse.i3investor.com/blogs/muze/2020-06-25-story-h1509593256.jsp

Posted by nickthebest > 2020-06-28 17:45 | Report Abuse

Parking @ RM2 tomorrow lol

Posted by Neut_ron1 > 2020-06-28 18:57 | Report Abuse

Comfort & gloves counters will rise. A matter of time bcos Covid19 still unabated overseas. Ppl will chase these counters again. Have faith. Only glove and a few selected companies make profits. Market players will focus on these counters in no time....
Disclaimer: not buy/sell call

Posted by jolow > 2020-06-28 18:58 | Report Abuse

Covid become old story already liew
Now bear run . Sell

Posted by mf > 2020-06-28 19:00 | Report Abuse

BEIJING: China National Biotec Group (CNBG) said on Sunday (Jun 28) that early human test results for a coronavirus vaccine candidate suggested it could be safe and effective, the second vaccine candidate from the firm to show encouraging results in a clinical trial.

Posted by Max2838 > 2020-06-28 19:26 | Report Abuse

Why worry so much about China's rubber products?
Do you see many users of China's tyres on the road anywhere except China? When it comes to safety level & wear n tear use, China scores very low compared to Malaysia or Thailand.
So, ask yourself, would you buy China medical gloves or condoms or any China's rubber products?

Posted by Max2838 > 2020-06-28 19:43 | Report Abuse

Many has written on windfall tax on gloves like it has happened for palm oil. Palm oil is a commodity or an undifferentiated product. Introduction of local taxes do not increase its CPO price internationally.
If Malaysia introduces a windfall tax on gloves, the manufacturers will just pass it on to the consumers by increasing its price. Then Malaysian gloves become more expensive and less competitive than that of the Thai or China gloves... and this will kill the golden goose!
This is more dumb than Trump introducing tariffs on China becos you are introducing tariffs on your own country's products to make it less competitive.....

Posted by Max2838 > 2020-06-28 20:02 | Report Abuse

There is a young lady from Public Invest... 
Whose mind is so bent and said it is not sustainable...
She thinks she know what's and when is best... 
Not one or WHO can say whether it's in waves or immunity is attainable...

Posted by mf > 2020-06-28 20:17 | Report Abuse

Stock market bubble burst is possible, says MIDF Research

Posted by Boon Keng > 2020-06-28 20:55 | Report Abuse

July might start a bearish market sentiment. Keep cash and wait for bottom

Posted by jolow > 2020-06-28 21:04 | Report Abuse

Uncle already sold but keep on writing story say glove is still a good sector.
Don’t understand his purpose.

Posted by mf > 2020-06-28 21:05 | Report Abuse

yup

Posted by Targeted > 2020-06-28 21:58 | Report Abuse

mf's MIDF research is like shit!

Posted by skyhin > 2020-06-28 23:03 | Report Abuse

Cool.. Dont argument on here... Pricing up or down will depend on market.. Let see... Who buy this share hope no down...... Record already break new case, death...... Still have 45% no yet recover.... That maybe take a time until end of years 2020...... Order will be continue until end of year 2021....... Even China build a glove.......

Posted by mf > 2020-06-29 07:44 | Report Abuse

Leong said the fall in rubber glove counters was due to rumours that a windfall tax will be imposed on the sector

Posted by nickthebest > 2020-06-29 08:19 | Report Abuse

Does not matter it's going to drop anyway today...just at what price only now...

Posted by mf > 2020-06-29 08:50 |

Post removed.Why?

Posted by Stocks888 > 2020-06-29 09:21 | Report Abuse

Congratulations！For Those Who Top Up On Friday and Today !

Posted by investopology > 2020-06-29 09:32 | Report Abuse

today gloves sectors perform.

Posted by wendycwl > 2020-06-29 09:34 | Report Abuse

Coming

Posted by Sansing > 2020-06-29 09:43 | Report Abuse

Betul kah?

Posted by tahong > 2020-06-29 09:50 | Report Abuse

Good trading stock