Supermax's trend now be like -0.02 then +0.005, drop again -0.07 then +0.005, again -0.015, +0.005 and so on. Which is why you hardly see it moves up but down.
Let us all shareholders push the Big4 to form a glove cartel to manage over production, gloves ASP and innovation. Pass the msg to protect our investment. Unity brings prosperity indeed...
but man the share price is very tempting to enter again and again low already? bloody hell can go lower ... when you give up, sht will rebound/reversal like rocket
What I can say is so many uncertainties, do not enter first. Wait till you see the blue sky, which is still far to go. Many got trapped just because the low price is so tempting. But once entered, new low again, especially Supermax. Unless if you are confident to trade, else no point dumping money into this bottomless pit.
with a lot of vaccines availability to combat virus in the market , the demand for glove is not as great as you and me thought and the market is saturated with over supply now . More players are coming in to share the cake and flooding the Market with over supply to come....
The BIG 4 need to talk and settle the over supply asap. Cut production together as a group and increase ASP... Unity is prosperity. Demands for healthcare equipment still very high with extended covid pandemic due to more variants resistant to vaccine.
@investmalaysia618, some said tech stocks are over, plantation is over, glove is over, reits is over, so in your opinion what's definitely a win for rest of 2022?
Strong buy? New low again. Still call buy? Retailers mindset been thinking operators pressing the price, not knowing funds been throwing and funds do not want to pick up even at the current price.
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....
investmalaysia618
669 posts
Posted by investmalaysia618 > 2022-06-28 12:14 | Report Abuse
no gloves then dont use lo. i see doctors are not using during consultation also. operation only use