Year-end window dressing is coming up. Generally stock prices will go up for " dressing-up purposes ". Because share prices are very low especially glove stocks, there is a good chance their prices will be pushed up especially Comfort mother share and WB.
This is just my personal view. Nothing more than that.
It's a cornered stock. They can push it up or down at their whim and fancy. If you can afford to leave your stocks there then it is OK. Otherwise you have to monitor it all the time.
KUALA LUMPUR (Nov 26): Rubberex Corp (M) Bhd registered a net profit of RM25.22 million for its third quarter ended Sept 30, 2021 (3QFY21).On a quarter-to-quarter basis, Rubberex saw its net profits decline by 61% at RM25.22 million from RM64.66 million last quarter, while revenues were down to RM94.9 million from RM176.61 million. Earnings per share had also declined to 2.98 sen, from 7.78 sen from a quarter ago.
The Rubberex management foresees further softening of glove ASP, especially in the nitrile disposable glove division, to be present for the remainder part of the year. Slower order uptakes from customers are also expected to adversely impact on the Group’s fourth quarter results.
Those who cut losses on glove counters plus all the pessimists must be kicking themselves today. Those who did nothing must be feeling good over this weekend. And those who were brave enough to buy last few days are the "heroes" of the game.
One needs to be steel-hearted to stay alive in the stock market and the steep fall in glove stock prices last 2 months was a real test to all the market players.
Danny, the strong believer in Comfort, can start to smile again.
The good old days are coming back.......and with the lockdown over many can go out to dine and start celebrating again.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Roger Lim Tau Kiat
534 posts
Posted by Roger Lim Tau Kiat > 2021-11-16 18:49 | Report Abuse
明天还有机会买比较便宜的票,如果你还有钱。
最便宜的票在上个礼拜四过了。