Contrary to what his big name suggests, Kingbeast seems to have a small biased brain!
He condemned Rubberex as a rubbish stock without fundamentals. But he could have failed to realise that his once-favorite counter, Top Glove, had done so badly that it dropped below RM1 in recent days. https://www.theedgemarkets.com/article/top-glove-slips-below-rm1
Notwithstanding the current downbeat market, I am sticking out my neck long enough to see if Kingbeast's bold, but arbitrary, RM 0.30 share price prediction for Rubberex will ever come true. Lol!
As always, not a buy or sell recommendation. Do your own homework! ======================================================================== Kingbeast Yaya, just because Eddie didn’t sell then u continue to hold it until everyone sells. Look at the share price now, gonna be a RM0.30 share price
Hahahahaha. Means before that, is a goreng stock. Nothing fundamental. 30/05/2022 12:17 PM
Kingbeast had said that Top Glove was better than PMB last year, when Top Glove was trading at around RM 2.74. Now, with the price below RM 1, shouldn't you guys buy more of Top Glove now? I am just marking his words. LOL. -------------------------------------------------------------------------- Kingbeast John said Ruberex is fundamental company. So must buy more 08/07/2022 7:33 PM
I did say in the past Rubberex has some inherent strength as a 2nd-tier glove company. But whether it is worth buying or not must be evaluated in the context of its current share price and the overall market sentiments.
Even though I do not own any Rubberex shares now, I DO NOT run down the company anyhow.
‘Centaurus’: virologists express concern at new Covid subvariant
New Omicron variant BA.2.75 has been detected in India, UK, US, Australia, Germany and Canada.
Virologists have voiced concerns about the emergence of another fast-spreading Omicron variant, which is rapidly gaining ground in India and has already arrived in the UK.
The BA.2.75 variant – nicknamed “Centaurus” – was first detected in India in early May. Cases in the UK have since risen steeply – and apparently faster than those of the extremely transmissible BA.5 variant, which is also present in India, and is rapidly displacing the previously dominant BA.2 variant in many countries.
The quickly changing coronavirus has spawned yet another super contagious omicron mutant that’s worrying scientists as it gains ground in India and pops up in numerous other countries, including the United States.
‘Headed in a bad direction’: Omicron variant may bring second-largest US Covid wave
The BA.5 sub-variant has immuno-evasive properties that cause reinfection even after vaccination and previous illness.
The virus is evolving to evade the protection from infection offered by vaccination or recovery from previous illness with Covid and it seems to be more transmissible as well.
The immune-evasive properties of the evolving variants make new waves more likely, says Tulio de Oliveira, director of the Centre for Epidemic Response and Innovation at Stellenbosch University and the lead of the Network for Genomic Surveillance in South Africa.
“BA.4 and 5 are potentially the variants that can break through immunity the easiest,” he said. They are “really capable of reinfection”.
Virus experts warn the mutated 'Centaurus' BA.2.75 variant has arrived in Australia and could take over from Omicron after ripping through India
The 'Centaurus' sub-variant, officially named BA.2.75, has spread through India BA.2.75 has already been detected in Australia, as well as several other countries Virologists fear the sub-variant could fuel a new wave of cases around the world
BA.2.75 sub-variant is able to evade antibodies elicited either by vaccine protection or prior infections with Omicron BA.1 and BA.2 and the WHO is monitoring cases
A new Covid sub-variant nicknamed Centaurus has made its way to Australia after ripping through India as health experts fear a similar situation could be on the way for us. Officially named BA.2.75, the sub-variant is being monitored by the World Health Organisation with experts warning it could be more transmissible than Omicron.
Haha, Rubberex's last quarter's result(still positive though) was within expectation. No limit down lah! Kingbeast must be very disappointed. Now, he comes out with his PN19 labelling! Anyway, its share price is still holding above 40 sen as at now, a far cry from his dream target price of 30 sen.
Kingbeast, do not call for me until your 30 sen target price is reached lah! Lol!!! ========================================================= Posted by Kingbeast > 1 day ago
Purchased Reszon for RM180m or PE multiple of approximately 3.6 times. RM54m paid by cash & RM126m paid by Ruberex shares @ 0.7091 per share. Annual profit guarantee by Reszon of RM50m for each year of financial years 2022 & 2023. Ruberex changing name to Hextar Healthcare Berhad.
With CHINA Challenge , there will be no growth for malaysia glove anymore , no growth dont buy because lesser n lesser dividen , lower n lower share price , this is the most important point to consider before buying a stock !
NUT SUKA MISSING MA...MALAYSIA RUBBER GLOVES IS THE BEST RUBBER GLOVES IN THE WORLD...WILL NOT LEAK UNDER PRESSURE...low quality rubber gloves competitors stop production due to zero covid instruction...TRIPLEDEMIC IS COMING...DEMAND INCREASE...
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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....
Kingbeast
649 posts
Posted by Kingbeast > 2022-06-02 16:05 | Report Abuse
Boring counter. Green qr but drop like.... pn?