As long as China still in glove sector , malaysia glove will never recover forever just look at how the china concur the world cup products with pace n lowest price yet acceptable quality !
"Banker good heart pump to rm 2.xx within 2 months for u save capital but all the greedy still want higher n higher now deflate to 8x sens for u all to cry tearless !"
NatsukoMishima, greediness is human nature, too painful for them to cut loss.....
became greedy again today, bought some test water =) China is in practically all kinds of businesses... steel, clothing and gloves etc. Judging by some comments here, it seems to imply any biz China is in , malaysian companies can close shop.. lol. Logical or not, do your own research and be your own judge.
I am still holding some. Even though prices are trending downward, I think we may reached the bottom pretty soon. Still there's no rush to buy now since many predict 2023 to be a challenging year for the glove sector. At least wait for price to trend up, or when profits starts to increase.
Again this is not a buy or sell call, just my 2 sen observation
1 month ago Looks bearish if price cannot reclaim 2.08 quickly.
---------------------------------- 3 weeks ago Lost and retested as resistance. Dumped 10% when everyone else fomoing to buy the top. Ccpool send our regards
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Hello harta moonboys! Hope you guys didn't get rekt when i'm not around.
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NatsukoMishima
6,729 posts
Posted by NatsukoMishima > 2022-12-01 21:40 | Report Abuse
Tomorrow open gap down to rm 1.3x after comfirmed kick out from klci index !