come to think of it ...kesian dia or mereka ...now lagi full mco ...outside no jobs available ...only source of income from i3 postings 24/7 ...if boss cut to 0.01 cts per post ...then really have to kesian US leh ...have to read all sinkalan posts cum repeated ones at all glove counters ...haizzzzzzzzzzzzzzzzzzzzzzzzzzzzz
most probably a slight increase in the morning then drop back afterward. few things to keep in mind. 1) glove theme is over 2) us europe covid case stabilised 3) more glove players in the loop 4) vaccination process is speeding up and soon we will see big fall in covid case 5) big funds/IB are building portfolio in recovery stocks 6) those who earned big buck in the glove will not jump back with the fund instead they are waiting for border to open so they can start enjoying life - im one of them
hotstuff, if you say covid case is which region is the determinant of profit then you are saying that comfort will get a lot of business. read latest annual report 40% revenue from malaysia 30% from asia. where covid cases is rising. in fact 20 to us and canada which canada also experiencing increase in covid cases. i think that is not the ok benchmark to use. better use number covid test as measure.
gloves will shoot up on monday. enuf said. once recovery stocks freefall drop, most if not all retailers will panic sell. they will run to defensive stocks. gloves will be one of them. this time not even fake media news will help. keep blaming its the new trend and bla bla bla....
Last time MCO 1.0, covid case only 300 and it takes 2 months lockdown to bring down to around 80. Now MCO 3.0 , it will take more than 6 months for lockdown to bring down 9000 to acceptable levels. By that time , barber shop close for 6 months... all turn into hippies.
Guys, put down a while ur glove counter, so that u can leverage down in future, the company is still nice from the account & balance sheet. Come joint the party in Pharmaniaga, vaccine is trending now! u can contra ur lost in glove by earning in pharma. Later ur can average down using ur earning from Pharma. Ride the vaccine trend like ur ride the Glove trend previously! Cheerlaaa Bro!!
Lucky did not join Pharma hype... Down 10% from ATH... This goreng up is not for everyone.... I think stick to gloves better. At most lost another 10% from now... so cheap. Low ass P/E...
(Jun 1): Top Glove Corporation's plan to list in Hong Kong to raise up to $1 billion has been delayed as the world's largest rubber glove maker seeks to resolve a U.S. import ban on its products, sources with direct knowledge of the matter said.
The Malaysian firm, which is already listed in Kuala Lumpur and Singapore, flagged in late April it would sell 793.5 million shares in the listing, half what the company proposed in its application to the Hong Kong Stock Exchange in February.
However, the deal has stalled as the company awaits indications from U.S. Customs and Border Protection (CBP) on whether an imports ban would be lifted any time soon, the sources said.
Top Glove did not respond to a request for comment. The sources could not be named as the information was not yet made public. 01/06/2021 1:32 PM X Last hope for glove counter also demolished by the news of hk ipo ! Afternoon waterfall !
UK is one of many the leading nations who vaccinated most of their people, adding extra precaution with aggressive covid tests. Unfortunately isn't enough to eraticate the nasty bug.
unfortunately they just gonna dump shares even QR good or not nobody care noone interessted thats why glove drop no1 is buying anymore.... when no demand even how good it is wont come back wait till covid gets serious again and comeback till then RUN !
tyxxp ; stoxxpixx2u gurus now believe hide in the cave. platinum member fee rm 15k per person. if 500 persons mean can earn 7.5 millions per annum. They really earn big money from platinum member fees . Do u still believe they earn big money from share market ?? No lah !!! They earn big money from your member fees......wake up guys.....
i think QR will be same day as General Meeting Day. So most likely 25th June. But nowadays good QR means nothing. only hoping they fix the date for free warrant issuance.
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ks5S
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Posted by ks5S > 2021-05-29 10:33 | Report Abuse
shearer talk like he know everything about gloves. Sinkalan this guy.