Posted by hoowk77 > 2021-07-07 13:31 | Report Abuse

yeah support

Posted by imvu > 2021-07-07 14:27 | Report Abuse

bakal jutawan rubberex

Posted by BrusaCasino > 2021-07-07 17:05 | Report Abuse

Soon below 80. Woohooo

Posted by Perakian > 2021-07-07 18:00 | Report Abuse

Selangor EMCO must order more rubber gloves from Ruberex to cover shortage.

Posted by RCZ2020 > 2021-07-07 18:04 | Report Abuse

Rubberex is gone case. Waste of money. More than half of my investment gone

Posted by skcm2017 > 2021-07-07 18:30 | Report Abuse

traders will find difficult life, where investors are looking for opportunities. Trading Rules.

Posted by John1234 > 2021-07-07 19:05 | Report Abuse

Despite the very fact that the big 4 glove counters are hit by the closures of factories in Selangor due to EMCO. 2nd-tier glove counters(ie Comfort, Rubberex and Careplus) did not stand to benefit from this particular news at all today. Rubberex and Careplus closed slightly lower and Comfort closed unchanged, supported in a small part on the last day of cd.

Why? In the eyes of mkt operators, all glove counters are treated just like one big family and prices usually move in the same direction.

Posted by BrusaCasino > 2021-07-07 19:10 | Report Abuse

RCZ2020 Rubberex is gone case. Waste of money. More than half of my investment gone

------
Feel sorry for u man. Hope u are ok

Posted by keown83 > 2021-07-07 19:43 | Report Abuse

@Perakian u can say that before..but today nobody relate MCO with glove demand anymore..MCO or not, demand & supply is still in the same tune..the only MCO that will lure in big money into glove stock is full total MCO ala MCO 1.0, because sentiment will drive the bull ride....

....which is now a gone case as gov don't have any plan for total full lockdown & opted momre on vaccine speed up

Posted by ket4212 > 2021-07-08 08:37 | Report Abuse

morning everybody

Posted by Jonathan Keung > 2021-07-08 11:15 | Report Abuse

Agreed. If big 4 drop. Smaller glove producers just follow

Posted by Lukesharewalker > 2021-07-08 15:21 | Report Abuse

Benefit rubberex. 8868 cases....failed MCO

Posted by Lukesharewalker > 2021-07-08 15:52 | Report Abuse

Panic sales. Company is profitable acting like its going bankrupt

Posted by BrusaCasino > 2021-07-08 15:59 | Report Abuse

Get ready to off account for 3 months

Posted by TheContrarian > 2021-07-08 16:10 | Report Abuse

Bought my 3rd batch at 81 sen.

Posted by skcm2017 > 2021-07-08 17:44 | Report Abuse

4th Batch at 0.82....huge today

Posted by TheContrarian > 2021-07-08 18:51 | Report Abuse

My first batch 84.5 sen, my second 83 sen and today my third 81 sen.

Posted by Jonathan Keung > 2021-07-08 18:54 | Report Abuse

Today everything drop. Bad day

Posted by risktoreward > 2021-07-08 19:46 | Report Abuse

@TheContrarian you enter the price so close? it seems it may drop to 70 - 75 cents to find support though, maybe la

Posted by TheContrarian > 2021-07-08 20:12 | Report Abuse

Yesterday I sold some of my Prolexus shares at 62.5 sen, so I redeploy part of the proceeds to Rubberex today.

Posted by TheContrarian > 2021-07-08 20:14 | Report Abuse

If price drops to 75 sen I have standby cash to buy.

Posted by linheng > 2021-07-09 04:30 | Report Abuse

Posted by TheContrarian > Jul 8, 2021 6:51 PM | Report Abuse
My first batch 84.5 sen, my second 83 sen and today my third 81 sen.GOOD MOVE. I DID THE SAME

Posted by Lukesharewalker > 2021-07-09 10:06 | Report Abuse

Reversal coming?

Posted by z5spyglass > 2021-07-09 10:28 | Report Abuse

Rubberex is still in Coma.

Posted by risktoreward > 2021-07-09 10:52 | Report Abuse

nice call guys on rubberex, green green

Posted by TheContrarian > 2021-07-09 11:29 | Report Abuse

Go, go, go Rubberex.

Posted by John1234 > 2021-07-09 11:39 | Report Abuse

I have always said that mkt loves to reward players for bold actions taken during an abnormally depressed mkt condition, like yesterday.

80 sen has proven to be a good support for the time being too.

Posted by ket4212 > 2021-07-09 12:52 | Report Abuse

steady later open market jump

Posted by John1234 > 2021-07-09 13:22 | Report Abuse

Today, some funds were rotated into the index-linked glove counters to prop up the KLCI from dropping below 1,500 pts. It is still too early to tell if this is a sustained rally for glove counters yet. Got to see the closing today and next week.

Posted by ZStrader > 2021-07-09 15:42 | Report Abuse

9K cov19 today...

Posted by cavalera > 2021-07-09 16:10 | Report Abuse

it is possible Glove game comeback ... not talking about Malaysia but worldwide now case rise up ... demand for glove never stop since last year and tauke making big money ...

Posted by kasrim > 2021-07-09 16:54 | Report Abuse

glove cameback.. ready to fly next week

Posted by Solomon7 > 2021-07-09 17:31 | Report Abuse

Read in papers that EMCO affect the supply of gloves, if this prolong further, would it create a short term spike in price?

This is further fueled by climbing number of Covid 19 and new virus variant. On your mark, ready....

Posted by Pandu1 > 2021-07-09 18:40 | Report Abuse

Rrex factory in Perak right? Still operating. Those big 4 closed but up today. I told b4 no matter what happened if the players r in, d price will go up n vice versa. Buy low sell high 4ever n ever. All that goes up will come down n vice versa. Tq.

Posted by Pandu1 > 2021-07-09 18:47 | Report Abuse

Highlight
Glove makers in Selangor shut down temporarily due to EMCO
Justin Lim
/
theedgemarkets.com

July 07, 2021 08:30 am +08

Posted by Justin Tan > 2021-07-09 18:59 | Report Abuse

What we know about the Epsilon variant of coronavirus: Can evade vaccine protection, common treatments and more

https://timesofindia.indiatimes.com/life-style/health-fitness/health-news/what-we-know-about-the-epsilon-variant-of-coronavirus-can-evade-vaccine-protection-common-treatments-and-more/photostory/84232537.cms

Posted by linheng > 2021-07-10 07:01 | Report Abuse

Rubberrex Factory is in Ipoh. Still operating. Those other Glove counter with factory in Selangor is affected

Posted by linheng > 2021-07-10 07:02 | Report Abuse

Pfizer vaccine effectiness drop by 30% of 6 months. Pfizer seeks FDA approval for 3rd dose

Posted by Bgt 9963 > 2021-07-10 08:57 |

Post removed.Why?

Posted by ket4212 > 2021-07-12 07:55 | Report Abuse

morning all

Posted by Bgt 9963 > 2021-07-12 08:43 |

Post removed.Why?

Posted by kasrim > 2021-07-12 11:13 | Report Abuse

ada game ka? boleh masuk ka?

Posted by John1234 > 2021-07-12 13:08 | Report Abuse

Regional markets are moving higher this morning on US mkt's lead last Fri. But KLCI index is down, with a market breadth ratio of about 2 losers to 1 gainer. Market sentiments are still poor overall due to a variety of factors, eg political uncertainty, EMCO and higher Covid cases reported.

Funds decided to take profit this morning on the index-linked glove counters that they pushed up last Friday. Rubberex also closed lower this morning.

Glove counters may need a much stronger catalyst to move up higher nowadays.

Posted by Jonathan Keung > 2021-07-12 13:55 | Report Abuse

EMCO in Selangor /KL affecting glove production. 50% of Malaysia own glove production comes from Selangor factories hit by the lockdown . TG said they had to reschedule their shipments dates.

Posted by John1234 > 2021-07-12 15:58 | Report Abuse

With political uncertainty and EMCO, any price rally tends to be short-lived in nature. Not only glove counters, recovery plays like steel counters have pulled back at least 35% generally from the high this year.
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John1234 Jun 28, 2021 10:39 AM
Mkt is full of cheap bargains these days. Be it steel, technology, glove or otherwise. Bargain-hunters can afford to take time to pick and choose what to buy for the next mkt upswing

Posted by keown83 > 2021-07-12 17:44 | Report Abuse

then lifting of EMCO in Klang Valley will become he sentiment play..lets wait until end of this month

Posted by Camel0602 > 2021-07-12 20:56 | Report Abuse

government ought to order banks to waive interest during deferment period to help cash shortage borrowers, this is social responsibility and moral issue,

Posted by Jeffreyteck > 2021-07-13 08:14 | Report Abuse

Politician...not a single nation has succeeded in curbing the spread of the virus,... uum, no worry then since we are among the failure. Maybe should celebrate as the number cases is still below 10000 despite intensified efforts in testing, and dead number remains lower than US etc. Always feel proud of gov and boleh spirit.
People bad news is a good news for gloves. Good news for management and bod ie high remuneration and low dividend is bad news for investors.

Posted by Bgt 9963 > 2021-07-13 08:44 |

Post removed.Why?

Posted by Sales > 2021-07-13 13:27 | Report Abuse

Ruberex can supply more glove, go for Ruberex.