The glove play looks over for now. I guess there will be lots of contra losses, margin calls and force selling coming. Hopefully you all managed to make some $$$ in the run up.
This is the end my fellow friends. All my friends who invested in glove since March took profit and sold everything already. They said it is gonna drop to RM 6 and then it will rebound. They said only fools will hold on to glvoes stocks now
If you still believe in gloves, sell now protect capital and buy when the market rebound. The signs will come and you will know when to buy again. Ciao
Once tomorrow RM8.30... Kossan ..better call off EGM.....no need to announce BI..... Now at the current price...also like Cibai Like after BI...
See what happen to SuperMax and TopGlove. after BI.......really Bye Bye. PAT 400 million for SuperMax OR TopGlove possible PAT 1 Billion......is all Eye Watering.
At present, medical gloves are in great demand, but going forward where is the growth in both ASP and volume post FY21. Is there another leg of growth for the glove industry without any epidemic diseases or pandemic? Slew of companies announced their plans to set up plants to produce rubber gloves, increase their production capacity and lines and many countries announced to ramp-up their glove manufacturing in the next 2-3 years. China and Thailand plans to increase their production of gloves to 100 billion per annum. Will it gradually turn from shortages to gluts in the industry for the next 2 years?
Vaccine or its trials may be delayed or paused but we know that we are going to have a proven commercially viable vaccine as time goes by.
For now, the downside for glove counters is high but upside is limited. So risk is high for the return.
Wah today wallop kenyang already ty sellers ke ke ke,tmw plunge again again i wallop ke ke ke,funny lar you all when time to sell you all buy,when time to buy like now you all selling like headless chicken ke ke ke
Still holds 599 mil out of 1279mil...EPF kana...still buying from $12 - $17, increasing their stake from 90 to 96mil...good at losing $$$...as usual =)
The first time the price broke through to current levels, they only had 64 mil...now they have 96 mil...means 32 mil shares they purchased since late May all losing $$$ lol
Still holds 599 mil out of 1279mil...EPF kana...still buying from $12 - $17, increasing their stake from 90 to 96mil...good at losing $$$...as usual =)
How do you know EPF still holding this much? Any source?
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
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....
stockraider
31,556 posts
Posted by stockraider > 2020-09-10 11:26 | Report Abuse
Must Learn to manage risk loh....!!
By having a Stop Price loh...!!
Posted by Zuliana > Sep 2, 2020 5:44 PM | Report Abuse
stockraider >>>Today whole day meeting, raider very busy loh...!!
Coming out from meeting, notice all the vaccine share price fell loh...!!
All the Gloves share price fell mah...!!
What happen leh ??
Raider sense danger coming loh...!!
If solution collapse below 55 sen, u better lari kuat kuat loh...!!
Don argue & run mah...!!
Very important to take note of this message loh...!!
Just Learn from sohai 3iii, don keep holding...like Padini at Rm 6.00, U lari kuat kuat when share price fall mah...!!
Same applies to Solution...when hit below 55 sen....don argue run loh..!!
If it keep going up & still rebounding....u ride the momentum, the strength & the trend loh...!