Posted by foongkitmun > 2021-02-24 18:28 | Report Abuse

Very good result...but...

Posted by MrsLee > 2021-02-24 18:34 | Report Abuse

Stres....

Posted by RCZ2020 > 2021-02-24 19:30 | Report Abuse

What can we do? Already in don't have to be panic. Cut loss for you have to loose 100k++ just wait for the rebound. I still have hope glove counters will rebound. There are counters with few mullion lost but going north. Counters like RR their financial report so strong and yet going south. I still believe there are syndicates controlling the price. They will have to push up the price one day. just wait

Posted by RCZ2020 > 2021-02-24 19:32 | Report Abuse

Mrs Lee don't feel stress. I believe you are a investor not a trader, so just hold. Your time will come

Posted by runroadtokl > 2021-02-24 19:34 | Report Abuse

QR good, base on traditional , tomorrow share price will..

Posted by The thinker > 2021-02-24 19:48 | Report Abuse

its sad that outside foreign short sellers n local IBs helping them can push down all our glove champions stock prices until shit ...like they are all horrible loss making companies....its so ridiculous and horrible

4 big bosses pls privatise if possible...if not relist elsewhere

in klse nobodys gonna look after you

sad but true.

make billions in profit also useless...IBs want to whack u down...down u go

Posted by RCZ2020 > 2021-02-24 19:49 | Report Abuse

How come some give so negative remarks about glove counters and yet want to be in this forum? I mean if you don't like GLOVES just get the hell out from here. Why want to hurt those who are still in favor of GLOVES? You sound so GENIUS why even want to be in this group chat? please by all means go and joint your favorite counter chats

Posted by MaBadri > 2021-02-24 20:16 | Report Abuse

Ruberex naik esok ..aku dah jampi serapah ...huhuhu

Posted by simon > 2021-02-24 20:29 | Report Abuse

Albukhary, now Dato Ong Choo Meng take control Opcom, how you look at it? TQ

Posted by OkieDokie > 2021-02-24 20:54 | Report Abuse

You can find this so call "gemfinder" in every glove counters, am wondering how much he has lost in the glove counters in order for him to behave in such a manner. And the "nick" is gem finder, go lah and find some gem counters and spread the news around rather than doing
such a donkey jobs here....

It is really a pity.....

Posted by hoowk77 > 2021-02-24 21:08 | Report Abuse

Time to invest more in this company. Great Q4 & FY20 result. Y21 Production order all taken up....mana mau cari guys

Posted by PaulLim > 2021-02-24 21:08 | Report Abuse

DOn't be so stress or negative, tmr will be better, if not tmr, another tmr will.. :-)

Posted by Bullrunrun > 2021-02-24 21:18 | Report Abuse

RUBEREX (7803) 来百利 RUBBEREX CORP (M) BHD 主要从事投资控股。 该公司通过其子公司生产和销售橡胶手套。 该公司提供各种工业和安全手套，丁腈手套，家用橡胶手套以及一次性乙烯基和丁腈手套。其中他们的工厂都在Bercham，Ipoh Perak。 它在三个主要地理区域运营-欧洲，北美和南美，亚洲以及世界其他地区。 欧洲贡献了总收入的绝大部分。同时间，公司在2020 Q3 新一轮的扩张活动会正式开始，这会让公司的Annual Installed Capacity（年最高生产量）达到2.5 Billion Capacity（目前公司的Annual Installed Capacity 是 1 Billion 左右），大约是一个150% 的增加！

***RUBEREX 2Q 2020***

BONUS ISSUE : 1 to 2 (日期稍后公布)

a) Revenue 增加 33% (RM66m 到 RM88m) 主要是因为Nitrile手套业务的需求量增加。
b) 对比上个季度，PAT QoQ 增加 148% （RM 9.3m 至 RM23m), 主要是因为ASP和手套需求量增加
c) 目前Ruberex是净现金公司，对比 Dec 2019, 现金从 RM 56m 增加至 RM 76m。
d) 公司主要收入来自Malaysia & Europe,公司还提到这季的盈利有一部分来自 Nitrile disposable glove而且operating at full capacity.

*展望未来*
a) 下个季度的业绩将会更好，主要是因为ASP和手套需求量增加。
b) 目前手上的订单已经到了 2021年上半年。
c) 1b 的新生产线将会在 4Q 2020 开始。

*Bonus Issue Ex-date: 19 Oct 2020
Entitlement date 20 Oct 2020

Posted by another77 > 2021-02-24 21:21 | Report Abuse

No DIVIDEND?

Posted by CYCHANG155 > 2021-02-24 21:29 | Report Abuse

Wonder when will break the jinx... All glove counters have been reporting absorbitant and record profits but and yet price is pressing lower and lower. Doesn't make sense as what Kyy was saying.

Posted by michaelwong > 2021-02-24 21:30 | Report Abuse

As usual for gloves counter stocks every qr earnings will be impressive not to mention the big 4 with bombastic super unnatural earnings but price keep dropping , so don't be too excited . Just look at last qr earnings for comfort gloves .The results are superb and impressive but what happened , the stock drop like shits the next day.

Posted by gemfinder > 2021-02-24 21:49 | Report Abuse

All drop until canot believe n admit huge loss. Hahahahah. So pity

Posted by Bullrunrun > 2021-02-24 21:59 | Report Abuse

Propose to buy 2 pieces of land for expansion. By next year the production will be double up

Profit can sustain, RUBBEREX top quality nitrile glove is highly demanded by overseas> ANGMO VERY KIASI ONE

BUY

Posted by JK22 > 2021-02-24 22:05 | Report Abuse

Company make so much money and work for expansion. If no need right issue and PP to ask for money for expansion , no div also ok. Can hold for long term at this price . But how to assure money used for good?

Posted by RCZ2020 > 2021-02-24 22:16 | Report Abuse

Let's see tomorrow. I am sure the boss will have his plans

Posted by Snowpiercer > 2021-02-24 22:51 | Report Abuse

Die...will break RM1....no dividend....huge mistake

Posted by MrsLee > 2021-02-24 22:59 | Report Abuse

Never a mistake...
It's a matter of time... Keep 1st...
Another 6 months the cycle come again..

Posted by hoowk77 > 2021-02-24 23:16 | Report Abuse

Net cash & huge potential

Posted by Albukhary > 2021-02-25 01:53 | Report Abuse

By end of year 2023, with the increase capacity and net cash position, even if the glove ASP drop back to pre-covid level, I believe Rubberex still can make profit around RM25-30mil per quarter, or RM100-120mil per annum.

By that time, Rubberex could have 5bil capacity. Zero debt, with net cash RM300-400mil on hand.

So for a company that can generate Rm100mil PAT (normalised profit), RM400mil net cash on hand, do you think RM1.28 is too cheap (market cap RM1065mil)

Posted by Bullrunrun > 2021-02-25 08:03 | Report Abuse

https://www.bernama.com/en/business/news.php?id=1934266

Posted by Bullrunrun > 2021-02-25 08:06 | Report Abuse

https://www.theedgemarkets.com/article/covid19-vaccines-do-not-remove-need-wear-masks-gloves-keep-distance-%E2%80%94-chief-physician

Posted by Seanyew > 2021-02-25 08:21 | Report Abuse

20 OCT 2020 share price : RM3.04
24 Feb 2021 share price : RM1.28
good for share holders ?

Posted by Start_0f_the_bull > 2021-02-25 08:29 | Report Abuse

Why no dividend?

Posted by Snowpiercer > 2021-02-25 08:55 | Report Abuse

run

Posted by Snowpiercer > 2021-02-25 08:57 | Report Abuse

the longer you hold, the worse it will get......will never return to RM3.....never

Posted by yongyong88 > 2021-02-25 09:00 | Report Abuse

swim

Posted by yongyong88 > 2021-02-25 09:01 | Report Abuse

don't talk cxxk

Posted by z5spyglass > 2021-02-25 09:09 | Report Abuse

Ruberex the glove worst-performing stocks.

Posted by qatris98 > 2021-02-25 09:23 | Report Abuse

What can I say it is the reality. Maybe we can come back is it hits RM0.90 - 1.10 to collect back. Bye bye Ruberex, please focus to produce "rubber" instead

Posted by carilembu > 2021-02-25 09:40 | Report Abuse

good fundamentals.. can buy on dips

Posted by oskchoon > 2021-02-25 09:44 | Report Abuse

Company Today $. Year High. Down%
AT. RM 0.14. RM 0.30 . 54 %
Rubberex RM 1.28. RM 3.05. 58 %
Careplus. RM 1.85. RM 5.83. 68 %
Comfort. RM 2.21. RM 7.28. 69 %
Kossan. RM 3.81. RM 9.75. 61 %
Supermax RM 5.04 RM 11.90. 57 %
Top Glove RM 5.23. RM 9.77. 46 %
Hartalega RM11.40. RM 21.20. 51 %

Posted by RCZ2020 > 2021-02-25 09:54 | Report Abuse

Those who have no confident in Gloves you can run away. Please don't poison the one who is still holding with hope. Definitely there will be a rebound. It is just the time that matters.

Posted by AzerothJr > 2021-02-25 10:06 | Report Abuse

It is only ignorance if you asked that people don't try to help informed others. Ignorance ain't a bliss and naiveness will bring a downfall to one person. We are here to share information hence the forum, if you really only like to listen to things you wanted to listen only i suggest you go listen to radio as you can then switch channel when something you don't want to listen appears. If there is issue with management then getting others informed is the way to better improve the company forward. A company that don't know how to reward its share holders usually perform poorer then one that knows how to reward its share holder.

Posted by Huat Chai > 2021-02-25 10:49 | Report Abuse

fall again... when to touch the ground ???

Posted by Jonathan Keung > 2021-02-25 10:52 | Report Abuse

Azerothjr. Totally agreed. A Company make money doesn't reward it's minorities is a one that usually perform much worse. The glove mania has paid off handsomely but directors happily reward themselves. Look at PBB not the biggest but always reward it's loyal shareholders. Rubberex never paid out a single sen

Posted by nik5007 > 2021-02-25 10:54 | Report Abuse

Why keep down.. Qr positive.. Ayoo.. Ptg ni kasi rocket la

Posted by richcares > 2021-02-25 10:54 | Report Abuse

So Ta and FA down the drain

Posted by kasrim > 2021-02-25 11:03 | Report Abuse

aiyooo.. lg beli lagi jatuh.. apa dh jadi..

Posted by Mosiong Wong > 2021-02-25 11:10 | Report Abuse

Aiyoyo..
Dear all sifu wannabe..

We really earned alot of money from last year rally. Seriously alot of money. And now glove fall down back to attractive price. Hence we are back here to buy again. Aiyoyo. Thank you for all your free advice. We sincerely appreciate your enthusiasm day and night advise ppl to sell sell sell. By the way. How fair yourself do in your investment. Don't be a tin kosong okay?

Thank you

Posted by oskchoon > 2021-02-25 11:16 | Report Abuse

The big 3 Glove counters have been attacked by the syndicate short sellers and it will continue to push down the share prices unless Bursa stop the RSS now temporarily until August 2021..

Posted by Snowpiercer > 2021-02-25 11:23 | Report Abuse

I think the pandemic has made many to realize that glove manufacturing is such a low tech....low value....low barrier to entry which warrant extremely low PE.....unless the companies can sustain high dividend yield which is not likely to .....not to mention that almost all of the them pay nothing

Posted by limkokthye > 2021-02-25 11:33 | Report Abuse

Slowly slowly make u die

Posted by Valgrovest > 2021-02-25 12:54 | Report Abuse

Spectacular performance in the latest QR. Well done Rubberex Management. But share price not reflective of company performance. Perhaps company need to do more share buy back again.

Posted by Albukhary > 2021-02-25 13:56 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3132004

Read this 3 times per day, and you will have more confidence on Dato Ong.

Posted by kasrim > 2021-02-25 15:11 | Report Abuse

untung bnyk pon x tak guna.. hari2 harga turun.. lagi beli lagi turun haiyaaa...