This counter supposedly "mirrors" the momentum of leader Supermx but guess what? It drops >3% every day instead - even if Supermx stays unchanged or goes up. Huge group of sellers can be seen waiting to throw at every incremental sen to press the price down. Absolute trash of a company controlled by shorts. Might as well price it down to ATS or Luster levels while they're at it.
coordinated group press the price down before the earning.. quite usual..when come to the earning, it shoot up again..all game play. top up some2x more for now. good luck
Just let those big dawgs play among themselves. Which retailer can withstand this kind of heat? Anyway, just be careful don't get your money burnt here. I smelled something stinky here.
Aiyoyoyo.....big 4 already lost their panties....lu small mosquito boleh naik ka? Aiyoyoyoyoyo....be patience.....money always come to a patience person....
Based on data from Department of Statistics (DoSM) published Malaysia's External Trade Statistics for March 2021. The exports of rubber products increase of 9.6%. Supermax and harta reported that their production been drop, wonder beside Kossan who else product will increase???
@robeerzz kossan up. I think rubberex will also. Lower market cap, more growth potential. If rubberex double or triple last quarter, then definitely the stock price has to go up because the PE will be disgustingly low
Also I had come across news that lions in india detected positive for covid19..
what if birds detected and they migrate to move around.. (my own observation, may true or not true).. if really happen then it will really a massive nuclear bomb to the world, but possible..
That's why early stage already mentioned dont look down on mutated viruses.. India and brazil.. really hidden killer
you guys are funny sometimes you guys makes investing in stock market looks wayyy harder than it should be. the idea is simple all this rumours, news to make a sector look bad is to push the price down, they want to jaga the big big shark, all the news hub all want to jaga their client
Please remain steady and steadfast with gloves counters. I believe the current drop in prices are just knee jerk reactions by investors following the confiscation of Top Glove products in the US.
Can hold la . Current product 1.5billion pcs and by complete expansion 2.5 billion pcs per annum. NOSH only 832million compare to all those new factory set up and the big 4 ( who NOSH over billions)
Even Perak Government now jumping in. ( So glove price might go down gradually due to new entries and market penetration price war, but demand still there and short supply for coming 1 to 2 years.
Risk is on new comer, not much on existing players for this short term 2 years. ( QR will probably continue in green)
Glove stock depend what level you are holding. As long as it continue to pay dividend with Green QR , then holding mid term will not be a lost , because we know it will be on green QR for some period of time.
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MQ Trader 217 views | 1 d ago
0:17
New IPO: An enterprise IT solutions provider that provides implementation services, maintenance, support and professional services, Vetece Holdings Bhd aims to list on the Ace Market!
MQ Trader 443 views | 5 d ago
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New IPO: A manufacturing and trading of biomass fuel products, particularly PKS and wood pellets company, Elridge Energy Holdings 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....
BuffetOnWeed
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Posted by BuffetOnWeed > 2021-05-05 15:45 | Report Abuse
No one collecting before next QR?