Posted by holyspirit > 2021-04-22 16:05 | Report Abuse

@ 754232,Sorry and don't mind me to say, You must be a very young adults and newbie and make some profit through some glove stocks limited up last run.....for a counter to hit limit up is not as easy as 123.
According to the volume reflected and trade pattern, Rubberex is suppressing the price to go up so fast so they can get hold of control most volume and thus for the next trading day, the price will go up steadily and contra player won't dare to RSS the stock.
Hope I am right.

Posted by sten_still > 2021-04-22 16:09 | Report Abuse

ruberex traders are fomo haha

Posted by bpsiah > 2021-04-22 16:09 | Report Abuse

Looks like this management not taking care of shareholders. No dividends for year 2020 but coming AGM about directors remunerations and benefits.

Posted by bpsiah > 2021-04-22 16:10 | Report Abuse

No resolution on dividends for shareholders.

Posted by Bgt 9963 > 2021-04-22 16:20 |

Post removed.Why?

Posted by Albukhary > 2021-04-22 16:25 | Report Abuse

Ruberex transaction volume very high, something very strange, anyone can explain?

Posted by sten_still > 2021-04-22 16:44 | Report Abuse

closing red liao, means today is the last day staying in penthouse

Posted by qetuoadgjl96 > 2021-04-22 16:55 | Report Abuse

Some director or boss is dumping his shares. No RSS on this counter.

Posted by robertzz > 2021-04-22 16:57 | Report Abuse

dividend for shareholder no need resolutions.. just wait if there are any annouchment

Posted by brian3381 > 2021-04-22 17:21 | Report Abuse

snail counter

Posted by Luckyhunter > 2021-04-22 17:30 | Report Abuse

No RSS on Rubberex , but the selling volumes so high , obviously the boss is selling lol

Posted by holyspirit > 2021-04-22 18:03 | Report Abuse

hahah....I think everyone forgot about the demand and supply policy!!
If SELL is high, There must be demand to makan the shares, if not how to create such high volume.
Like what @Albukhary asked, high transacted volumn .....and the price is suppressed to go up....i am cracking my head to analyze....
and if no RSS, and if like @Luckyhunter said , boss is selling.....
My thought was : why directors sell when they want shareholders to pass the resolution to distribute $$ directors fees to them....very interesting ....anyone mind to discuss

Posted by holyspirit > 2021-04-22 18:06 | Report Abuse

and if no bosses are disposing ...then....are they ready for a huge jump from next few trading days....? Since today the punters have already secure huge volume...

Posted by holyspirit > 2021-04-22 18:09 | Report Abuse

Based on today virus rate ... i think there is possible MCO after raya if the rate not improve ...Kelantan already MCO for a week

Posted by holyspirit > 2021-04-22 18:10 | Report Abuse

God bless the world and protect the young generation ....this time...the Covid is looking for our young generation

Posted by qetuoadgjl96 > 2021-04-22 19:29 | Report Abuse

My guess is they are raising funds by selling the treasury shares to pay higher director fees.

Posted by holyspirit > 2021-04-22 19:37 | Report Abuse

maybe..but they have sufficient reserve for paying directors fees if not shareholders wont pass through the resolution right ?

Posted by jeferisavvy > 2021-04-22 20:03 | Report Abuse

They sell the Treasury share once they hit 1.50

Posted by robertzz > 2021-04-22 21:27 | Report Abuse

first of all, treasury shares are those bought over from open market.. so far did you manage to check through.. did they manage to get below rm1.4???

Posted by robertzz > 2021-04-22 21:45 | Report Abuse

also, any tresary shares been transacted will be appear in bursa pages

Posted by bpsiah > 2021-04-22 21:54 | Report Abuse

They sold treasury shares thus suppressing the share price. Sigh.

Posted by bpsiah > 2021-04-22 21:55 | Report Abuse

https://klse.i3investor.com/insider/company/shareResaleCancellation/7803/19-Apr-2021/1423_2811975909.jsp

Posted by robertzz > 2021-04-22 22:03 | Report Abuse

that was 3 days back bang.. people talk about today

Posted by nakata > 2021-04-23 00:19 | Report Abuse

I think someone suppressing the price, you could observe that there is many buy calls during the closing

Posted by nakata > 2021-04-23 00:21 | Report Abuse

from the report, the profit expecting to double due to Jan expansion, hopefully could go better range soon.

Posted by HELPMRC > 2021-04-23 02:13 | Report Abuse

Please take a look PE of Glove Manufacturer Mercator Medical.
Current PE is 2.5 for 2020, PE for last year (with latest earnings estimate from this week) is 1.9. There's no other glove company with such low PE. All Free Float can be procured with current price for less than 250 mln USD.
Please support and share. Looks that someone is making fun of shareholders. Especially when all other Glove companies returned to positive trend.
If you look on current price you'll know it's a joke.

Posted by HELPMRC > 2021-04-23 02:15 | Report Abuse

Ticker is WSE:MRC

Posted by holyspirit > 2021-04-23 03:32 | Report Abuse

@ HELPMRC....sorrry, I don't actually get what you have said....Can u elaborate more direct explanation ...Thank you

Posted by robertzz > 2021-04-23 08:35 | Report Abuse

anytime will shot back rm2.. just stay tuned

Posted by robertzz > 2021-04-23 08:37 | Report Abuse

as long as G7 country didn't sit down with China to solve covid 19 issue.. just take the fact anytime will have just another wave of covid

Posted by robertzz > 2021-04-23 08:37 | Report Abuse

you like it or not that's the fact

Posted by jeferisavvy > 2021-04-23 08:50 | Report Abuse

Today limit up

Posted by Bgt 9963 > 2021-04-23 09:04 |

Post removed.Why?

Posted by qetuoadgjl96 > 2021-04-23 09:25 | Report Abuse

The share price of this counter will never move unless they stop throwing the treasury shares.

Posted by Activestream > 2021-04-23 09:28 | Report Abuse

this counter really is a letdown the rest already moving like rocket this one is still stuck here around this price !!!!!

Posted by mary123 > 2021-04-23 09:45 | Report Abuse

yaloh.. all gloves counter move up except this one...

Posted by Zen Cool > 2021-04-23 10:23 | Report Abuse

The Group is encouraged by the consistently strong demand for gloves and its orderbook for the current 2.5 billion pieces of nitrile disposable gloves capacity has been fully taken up until end-2021. Buoyed by the robust demand for gloves and other PPE, the Group anticipates global gloves consumption growth to exceed that of pre-COVID-19 levels and with this foresight, has further committed to invest into additional nitrile disposable glove production lines capable of generating 7.5 billion pieces of gloves annually at a new plant site in Lahat, Kinta district, Perak. Upon completion of this expansion in FY2022, the Group’s annual installed capacity would increase to 10.0 billion pieces, a 300% growth from its current level.

Posted by Florayap100 > 2021-04-23 10:38 | Report Abuse

why Ruberex is such a laggard. Move down instead of going up unlike other gloves stock.

Posted by Florayap100 > 2021-04-23 10:39 | Report Abuse

something we dont know about this stock???

Posted by Joey23 > 2021-04-23 10:40 | Report Abuse

No choice, ppl like to chase high instead of buy low!!

Posted by hoowk77 > 2021-04-23 23:44 | Report Abuse

Director selling who buying

Posted by Bullrunrun > 2021-04-23 23:48 | Report Abuse

Its production will be a triple next year

Posted by DaveL020 > 2021-04-24 03:16 | Report Abuse

Free chart analysis in our telegrm channel. If wish to join us, plz find out our name (Osc@r Tr@ding) in telegrm. Beside that, sometimes we will share some useful indicators or chart analysis skills that suits newbie.

Posted by faralenz77 > 2021-04-24 08:25 | Report Abuse

This stock has risen 40% from early April 2021. Great gain.

Posted by Bgt 9963 > 2021-04-24 09:55 |

Post removed.Why?

Posted by SmartInvestor8877 > 2021-04-24 13:23 | Report Abuse

CAREPLS Proposed transfer of the listing of and quotation for the entire issued share capital of CAREPLS from the ACE market to the MAIN market of BURSA Malaysia securities Bhd

Posted by Sky Liew > 2021-04-24 14:09 | Report Abuse

Estimate
2.5b produce asp if same q 4
625000x asp 100 x 4.06
Around 250m revenue
Pat 100-130m

Posted by Sky Liew > 2021-04-24 14:11 | Report Abuse

That ticket should be sell to big kaki proxy to fried one
Don’t care aboutt, 15%

Posted by Penthouse > 2021-04-24 14:40 | Report Abuse

What’s the story behind the Director disposed so many shares in this uptrend ? Something is brewing

Posted by Tan Yew Meng > 2021-04-24 15:39 | Report Abuse

I would like to ask whether Rubberex is building a new manufacturing factory in Lahat, Perak ???