Posted by Glove666 > 2021-05-05 15:54 | Report Abuse

I never buy Rubberex.
But I hope those who still hold stays strong.

Posted by SiggyWiggy > 2021-05-05 15:58 | Report Abuse

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.

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

Ya every day down down down ~ people still said I’m cry baby

Posted by skcm2017 > 2021-05-05 16:07 | Report Abuse

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

Posted by mf > 2021-05-05 16:14 | Report Abuse

windfall tax

Posted by Glove666 > 2021-05-05 16:17 | Report Abuse

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.

Posted by skcm2017 > 2021-05-05 16:39 | Report Abuse

yes, uncertainties of a windfall tax. Money didn't get burnt, the company is still profitable for long run, but this type of tax is coming soon.

Posted by Knm_bottomed > 2021-05-05 16:41 | Report Abuse

Faster sell. announcement coming

Posted by Bigshow929 > 2021-05-05 17:00 | Report Abuse

knn

Posted by robertzz > 2021-05-05 20:17 | Report Abuse

windfall tax for glove, big 4 will have big impact.. just careful for plantation and O

Posted by robertzz > 2021-05-05 20:22 | Report Abuse

supermax and hata's production been affected by plant stoppage for covid case sanitation.. but dont anticipate happen to rubberex

Posted by foongkitmun > 2021-05-05 20:25 | Report Abuse

Aiyoyoyo.....big 4 already lost their panties....lu small mosquito boleh naik ka? Aiyoyoyoyoyo....be patience.....money always come to a patience person....

Posted by robertzz > 2021-05-05 20:31 | Report Abuse

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???

Stay tuned

Posted by robertzz > 2021-05-05 20:32 | Report Abuse

they lost their pantries or you yourself lost ?? hahaha..

Posted by LaksaBoy > 2021-05-05 20:34 | Report Abuse

most probably will bounce back tomorrow afternoon

Posted by robertzz > 2021-05-05 20:35 | Report Abuse

just take the fact even asp drop and their earning still one of the best.. please prove it who else have such earning..

Posted by robertzz > 2021-05-05 20:51 | Report Abuse

also, check on the AGM resolution. special director fees.. stay tuned

Posted by BuffetOnWeed > 2021-05-05 21:09 | Report Abuse

@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

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

agreed

Posted by Lukesharewalker > 2021-05-05 21:29 | Report Abuse

Rubber gloves spot price has dropped 15 to 25 percent...true?

Posted by robertzz > 2021-05-05 21:53 | Report Abuse

yday just mentioned about spreading mutated virus to India's neighbours then today government annouch not allowing them to enter malaysia

Posted by robertzz > 2021-05-05 21:58 | Report Abuse

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

Posted by Seven77 > 2021-05-05 21:58 | Report Abuse

India. Nepal bangladesh malaysia all Covid cases up.

Posted by robertzz > 2021-05-05 22:29 | Report Abuse

(雅加达5日综合电）印尼国际机场检测人员被爆出重复使用回收检测冠病病毒的鼻咽拭子后，近日遭到逮捕。警方表示，涉及人数恐高达9000人。

印尼当局本周稍早宣布，已确认国内出现两宗印度变种病毒病例。

https://www.sinchew.com.my/content/content_2471845.html

If this really happen.. hailat

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

buy buy buy, supermax tomorrow up, vaccine no work on mutate virus, glove stock will up many tomorrow

Posted by brian3381 > 2021-05-05 23:31 | Report Abuse

Hopeles counter la. Only foolish roberts stil dreaming

Posted by brian3381 > 2021-05-05 23:32 | Report Abuse

Follish roberts, how much u lost?

Posted by thestockhunter > 2021-05-06 02:25 | Report Abuse

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

Posted by thestockhunter > 2021-05-06 02:29 | Report Abuse

so chill guys let the bad news flow

Posted by LaksaBoy > 2021-05-06 08:28 | Report Abuse

today sure bounce back.

Posted by robertzz > 2021-05-06 08:40 | Report Abuse

aiya.. all kinds of the people in the world.. I am fool but still able to analyze but some bugger will just bark around . haizz

Posted by robertzz > 2021-05-06 08:40 | Report Abuse

all because of such arrogant people end up will have the same ending like india

Posted by Bgt 9963 > 2021-05-06 08:43 |

Post removed.Why?

Posted by Luckyhunter > 2021-05-06 09:21 | Report Abuse

Drop like shit dy , still dw run ?

Posted by robertzz > 2021-05-06 09:29 | Report Abuse

nvm.. let the fool continue to hold it.. let them no special director fees

Posted by ket4212 > 2021-05-06 09:34 | Report Abuse

暴利税要来了

Posted by skcm2017 > 2021-05-06 09:44 | Report Abuse

klse crash bit ..wow...all downs and red..

Posted by cariyoyo > 2021-05-06 09:57 | Report Abuse

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.

Posted by Lukesharewalker > 2021-05-06 10:03 | Report Abuse

Looks like game over. How long before cut losses will press further down....1.40 seems far away

Posted by Luckyhunter > 2021-05-06 10:04 | Report Abuse

Because Supermax profit this qr is lesser than last qr, so all gloves game over

Posted by Lukesharewalker > 2021-05-06 10:06 | Report Abuse

Because current gloves spot price is falling....

Posted by Lukesharewalker > 2021-05-06 10:09 | Report Abuse

Operator is aggressively vicious.....

Posted by Lukesharewalker > 2021-05-06 10:27 | Report Abuse

Cant imagine traders coming back to this counter after this.....

Posted by Knm_bottomed > 2021-05-06 10:50 | Report Abuse

Already advise sell everyday, yesterday also advise again, but never listen

Posted by JK22 > 2021-05-06 11:25 | Report Abuse

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)

https://www.theedgemarkets.com/article/glove-factory-be-built-batu-gajah-involving-rm800-mil-investment

Posted by Luckyhunter > 2021-05-06 11:30 | Report Abuse

glove stocks in no longer uptrend, game over dy ... :(

Posted by JK22 > 2021-05-06 11:41 | Report Abuse

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.

Posted by JK22 > 2021-05-06 11:42 | Report Abuse

If stay high level condo, then need to make decision la , how the plan is .

Posted by ket4212 > 2021-05-06 11:56 | Report Abuse

glove stock game over

Posted by Lukesharewalker > 2021-05-06 11:57 | Report Abuse

Short term it's not going anywhere...sideways at best