Posted by Moustache > 2021-05-01 19:03 | Report Abuse

No more below 1.40 next week

Posted by skcm2017 > 2021-05-01 21:46 | Report Abuse

bottom 1.70 ehh?

Posted by holyspirit > 2021-05-02 01:51 | Report Abuse

https://www.thestar.com.my/news/world/2021/05/01/indian-scientists-flag-virus-mutations-that-could-039evade-immune-response039

Posted by holyspirit > 2021-05-02 02:05 | Report Abuse

A good read. personally point of view, I don't think this covid is easily settled.
We are still long long way to go.....to go and be freed.
Therefore, Gloves will be an essential items in major Hospitals, Clinics, even household ( taking care of the sick one) in the future.
And don't worry about the new entry ( eg: MahSing) as rubberex competitor because gloves will be so important in the future to come that hospitals will prefer to keep more stock of gloves than not enough of it.
Don't forget, Those young one who kena covid and fast recovered, they dont feel any effect now but days to come when after 10 years onward or older they might feel some weakness in their body. And hopefully by then, no more new virus attacking human kind, if not , there will be more human life scarified because their body is weak to fend off new virus due to covid back then...

Posted by holyspirit > 2021-05-02 02:07 | Report Abuse

Correct me if i am wrong.

Posted by robertzz > 2021-05-02 16:40 | Report Abuse

titijaya will partner with rubberex to export rubberex product..

Posted by robertzz > 2021-05-02 16:40 | Report Abuse

tomorrow onwards gonna fly

Posted by robertzz > 2021-05-02 16:40 | Report Abuse

just stay tuned

Posted by bb2ualways > 2021-05-02 17:23 | Report Abuse

Comrades let's get ready to grab ruberex shares before it goes above RM1.50, good luck to all.

Posted by MrsLee > 2021-05-02 17:31 | Report Abuse

Definitely....my only focus counter

Posted by stockraider > 2021-05-02 18:27 | Report Abuse

Can u imagine the gloves price will fall from USD 70 to as low as usd 25 post pendemic leh ??
This is a fall of almost 65% from the peak of usd 70 mah!

U ask yourself lah....the cost of manufucturing gloves as gone up so much for example the cost of labor wages all in and plus cost of accomodation and investment into billion of machinery in the case of topgloves, do u think the sustainable price of gloves at usd 25 compare to usd 22 pre pendemic an increase of only 13% can support the majority of its operations with still good profit leh ??

And whats more u think the gloves company normalise far lower earnings base on selling price of USD 25 can still support the mkt cap of topgloves Rm 46.3b, Harta Rm 35.3b and supermax Rm 16.4b leh ??

Look here the forecast of lower price of gloves is not done by Raider loh, it is done by Topgloves employing very reputable consultants Harps n vital factors to forecast the normalise average selling price of gloves in conjunction of their decision to list in HK market mah!

Never b4 in the past 1 year during the pendamic, that both Lazada & shoopee offer discount on gloves to its customer mah!

If they offer discount....that means another no good sign on gloves...is coming mah!

Thus be very careful loh!!


Posted by shortinvestor77 > May 2, 2021 4:48 PM | Report Abuse

No shares don't need to be jealous like KYY here. Kossan has the gloves ordered till at least the end of year 2021. Getting more order for year 2022. Mutation of viruses are not going to end like that (Look at India and it is spreading to the whole world). Premium gloves are like Mercedes price cannot compare to Proton which is like a substandard glove.

Posted by PassBy > 2021-05-02 18:30 | Report Abuse

ruberex = rubbish

Posted by ket4212 > 2021-05-02 19:15 | Report Abuse

I buy 1.46 this time shit

Posted by robertzz > 2021-05-02 19:21 | Report Abuse

hahaha.. you believe on this stockrider? be realistic and more common sense on current issue please. look at India, Brazil and Turkey itself

Posted by robertzz > 2021-05-02 19:23 | Report Abuse

first of all ask yourself no margin business who want to do.. if everything also up end of the day the selling price will up as well.. look at steel and copper price

Posted by robertzz > 2021-05-02 19:27 | Report Abuse

if a business without any good margin or good earning, why big company like klk or mahsing also want to venture to this business line..

Posted by hoowk77 > 2021-05-02 19:32 | Report Abuse

BTW, who are the gloves production machine manufacturer? Pls share the info

Posted by holyspirit > 2021-05-02 20:39 | Report Abuse

Like I said before about covid , medical items are essential and crucial including Gloves in the future to come. And we human kind , don’t need a war to destroy us but a spec of virus . We will not be sure what kind of new and interesting virus beside covid is growing among and around us due to the climate change , countries affected by war due to political unstable ( power and money ).
It is always better to store enough stock of medical items eg gloves in major hospitals , clinics and even households ( care for the sick) than having not enough of it.
So , I don’t worry about more supply but really worry when the supply is not enough .
Our world has change to a total stranger to me . Sad.

Posted by holyspirit > 2021-05-02 20:46 | Report Abuse

So …I believe Gloves business will still be making good return …and correct me if I am wrong, if the mutation of COVID has no vaccinations to fend it , we will be living with mask and gloves for a longer time to come.
And Rubberex might not need to worry about competitor like MahSing as I said, keep extra stock in hospital is better than not enough stock

Posted by holyspirit > 2021-05-02 20:49 | Report Abuse

Hope I am correct

Posted by skcm2017 > 2021-05-02 22:06 | Report Abuse

hahaha...see u at the bottom MR1.70 this coming week. Shortie is not glove experts.,..ohh!!! StockRaider is able to predict global glove price..OMG !! Mahsing only comes into production 2023. PassBy?? to what..They are nervous tonight.

Posted by KMCHouse > 2021-05-02 22:54 | Report Abuse

titijaya will partner with rubberex to export rubberex product

Posted by skcm2017 > 2021-05-03 00:34 | Report Abuse

Titijaya Land Bhd has signed a distribution agreement with Rubberex Corp Bhd to export gloves, personal protection equipment (PPE) and medical products to China, via Sinopharm Medical Equipment QuanZhou Co Ltd.

Sinopharm is part of China National Pharmaceutical Group Corporation (CNPGC), a China state-owned healthcare group.

CNPGC owns over 1,100 subsidiaries and six listed companies covering research and development, manufacturing, logistics and distribution, retail chains, healthcare, engineering services, exhibitions and conferences, international business and financial services.

What else i can say!

Posted by Albukhary > 2021-05-03 00:55 | Report Abuse

I am looking forward for RM2.30 within 2 week.

Posted by holyspirit > 2021-05-03 01:35 | Report Abuse

If has deal with china...possible to RM 2.50 in short term to come ( my point of view). But of course there will be some healthy consolidate phase in the share price for upward adjustment to reach RM2.50

Posted by Jarall > 2021-05-03 03:20 | Report Abuse

smile for a whole week

Posted by BuffetOnWeed > 2021-05-03 06:49 | Report Abuse

Slow lar guys. Just the start of the exponential curve up. Just enjoy the ride.

Posted by gcke > 2021-05-03 07:42 | Report Abuse

RSI for the stock is currently below 50 mark and the prevailing price is on consolidation phase for the last several days. IF other glove stocks up expects the stock to follow up today. Current financials,EPS,ROE,profitability every quarter good. To know more view the price chart - https://www.malaysiastock.biz/Stock-Chart.aspx?securitycode=7803&mode=1D

Posted by gcke > 2021-05-03 10:24 | Report Abuse

@Albukhary our steel counters Steel,Ann Joo,Master,etc are very bullish just one hour ago.Likewise for Pmetal,Alcom,LbAlum,etc.That in lieu of the great global commodity boom. Wall Street bankers expect the commodity prices to run until second quarters.Source : Bloomberg News.

Posted by ket4212 > 2021-05-03 13:18 | Report Abuse

trap

Posted by LaksaBoy > 2021-05-03 13:36 | Report Abuse

sold 144

Posted by Luckyhunter > 2021-05-03 15:09 | Report Abuse

nobody cares Ikan bilis like you sold or bought at what price , it doesn’t matter

Posted by ket4212 > 2021-05-03 15:40 | Report Abuse

market down hopeless.

Posted by robertzz > 2021-05-03 15:41 | Report Abuse

https://www.sinchew.com.my/content/content_2470348.html

Posted by robertzz > 2021-05-03 15:42 | Report Abuse

最不想发生的， 终于发生了

Posted by Joey23 > 2021-05-03 15:55 | Report Abuse

Great to clear off some bilis at the moment

Posted by robertzz > 2021-05-03 16:09 | Report Abuse

bye !!!

Posted by Silent88 > 2021-05-03 16:51 | Report Abuse

Keep it in red red , so they can’t dispose

Posted by LaksaBoy > 2021-05-03 18:18 | Report Abuse

tomorrow drop to 1.33 buy back again. tut tut

Posted by robertzz > 2021-05-03 18:44 | Report Abuse

with current market sentiment.. healthcare are one of the top choice for the investment.. stay now rewards later
. stay tuned

Posted by foongkitmun > 2021-05-03 22:31 | Report Abuse

Aiyoyoyoyo .....manyak takut ka? Taukeh buang manyak manyak ....jngn takut..itu taugeh buang angin saja...wwakakaakakaka.........

Posted by Silent88 > 2021-05-03 23:18 | Report Abuse

Keep it in red red , so they can’t dispose

Posted by KMCHouse > 2021-05-03 23:33 | Report Abuse

useless stock, company control the price very tight, that why glove stock this one is cheaper, only drop cannot up, useless

Posted by DreamHunter > 2021-05-04 02:50 | Report Abuse

ha ha ha

Posted by DreamHunter > 2021-05-04 02:51 | Report Abuse

yah kah

Posted by Camel0602 > 2021-05-04 03:08 | Report Abuse

volume big, price small. should up but drop. up hard down easy.who sold who bought?mysterious counter, any body can explain? pe low, but just for look.

Posted by BuffetOnWeed > 2021-05-04 09:34 | Report Abuse

Someone please stop the pain

Posted by PassBy2 > 2021-05-04 09:34 | Report Abuse

rubbish counter

Posted by Silent88 > 2021-05-04 09:37 | Report Abuse

Hahaha throw , and invest on other counter

Posted by Silent88 > 2021-05-04 09:38 | Report Abuse

Now rubber is rubbish