Posted by emc2garylow > 2021-01-29 08:29 | Report Abuse

Bursa nowaday many day trader like this R88, 6 months ago dun have so many, all these kind of day trader appear after moratorium finish... Without moratorium they dun have many money la, can't hold any share at all... U see gloves stock QR fantastic but drop, pharma got government sign vaccine but drop,lctitan QR x2fold but drop like shit...all kind of unreasonable act from these day trader

Posted by calvin5025 > 2021-01-29 08:37 | Report Abuse

sell and sell

Posted by Sourcream > 2021-01-29 08:55 | Report Abuse

US Dow rebound , all exchange across Asia rebound, hoot9e, BUY until your mother cannot recognise you

Posted by traintobullland > 2021-01-29 09:27 | Report Abuse

Day trading is okay but if you actually listen to panic selling call and miss the rebound after a steep fall due to panic selling, then it's kinda sad

Posted by huatzai88 > 2021-01-29 09:27 | Report Abuse

most of the counter included here will be silent today.. take some rest and see you all tmr here... short seller bettter move to top glove.. HPPBP is for mid-long term.. #peace

Posted by traintobullland > 2021-01-29 09:28 | Report Abuse

can't possibly catch the market accurately each time

Posted by Abang Mad > 2021-01-29 09:28 | Report Abuse

hold tight better

Posted by traintobullland > 2021-01-29 09:29 | Report Abuse

many of the counters fall steeply due to panic selling, then they rebound stronger and those who's no longer holding any after "cutting losses" will be like :O

Posted by huatzai88 > 2021-01-29 09:31 | Report Abuse

just ignore that..bunch of small potatoes have limited fund that they sell in other counter and buy in top glove today.. wallstreetbet wanna be..

Posted by henbaram > 2021-01-29 10:48 | Report Abuse

3% drop/up is not significant. Its merely correction due to profit selling by daily trader. Buy call. Mid term going for 1.2 3-4 weekalookong

Posted by henbaram > 2021-01-29 10:49 | Report Abuse

hpphb is a very strong counter with solid fundamental.

Posted by TunDaim > 2021-01-29 10:56 | Report Abuse

why ask people to sell?

Posted by TunDaim > 2021-01-29 10:58 | Report Abuse

rm1 above easy

Posted by Abang Mad > 2021-01-29 11:09 | Report Abuse

flying back

Posted by BearishTrend > 2021-01-29 11:13 | Report Abuse

Sold 75cts

Posted by emc2garylow > 2021-01-29 11:36 | Report Abuse

Only those newbird will affected by this sell call, Dow drop 600 also want make big hu ha, obviously they never encounter last year 2000-2500 drop per day... If they experience maybe they will jump from their condo

Posted by huatzai88 > 2021-01-29 11:49 | Report Abuse

small potatoes.. daily trade for food..

Posted by zhm540 > 2021-01-29 12:20 | Report Abuse

buy and hold... TP is RM1....

Posted by CUTLOST > 2021-01-29 15:17 | Report Abuse

Ok nice..

Posted by huatzai88 > 2021-01-29 15:33 | Report Abuse

this is a strong and firm counter...since you guys already know HPPHB quarter report = making profit.. so dont brain washed by someone who ask you to sell, to cut loss. its your choice man.. if you need cash just cut loss.. if you dont... just follow your Target margin.. daily trader is strictly unwelcome here.. most of us here TP on few times from the first day price ...we dont care if u wan to TP your 5% margin daily or watsoever...FYI, its less likely you can get at price below 0.70 now as new resistance&support at 0.72 (#this is not a buy&sell message, everything is solely my personal perspective) #peace

Posted by rr88 > 2021-01-29 16:21 | Report Abuse

Big hu ha coming. Just that you dont see it yet. This is how it goes. The night b4 dow dropped over 600 pts when we were closed. Todays hu ha was averted by the dow 300 pts rebound last night. Now dow futures pointing to a 300 pts drop. Next drop in this momentum will be another 600 pts drop in a day or two. Then no one here will be saved by the big hu ha drop. Sell. Cut loss b4 it becomes unbearable.

Posted by traintobullland > 2021-01-29 21:41 | Report Abuse

See you guys at RM1 next month woohoo

Posted by CUTLOST > 2021-01-29 22:35 | Report Abuse

New ipo maa.. No track record.. Now company wanna pay debts first

Posted by henbaram > 2021-01-29 22:43 | Report Abuse

dow is on uptrend for the last 6 mths from may. some correction at 300-600 points happen is normal. The last bih correction was oct-nov with 2000 points. Stand firm

Posted by henbaram > 2021-01-29 22:43 | Report Abuse

big

Posted by henbaram > 2021-01-29 22:45 | Report Abuse

i think dow is at the bottom of correction and will be back to uptrend

Posted by henbaram > 2021-01-29 22:48 | Report Abuse

the big correction of dow in oct-nov did not affected glove and technology counter. Same goes to muda and boxpak counter

Posted by emc2garylow > 2021-01-30 03:07 | Report Abuse

Day trader sound so pro when talk about US market ma, macam HPP market is 90% US sia, like this also can link to Dow up down, got nothing negative to share to scare newbird already mei. Yala want to share what when nothing bad can talk so can only use Dow to scare people lor... Maybe he only 20 years old last year that's why he never experience last year Dow circuit breaker.... I like circuit breaker, better next week Dow circuit beaker more fun to play

Posted by azriebaqhtiar > 2021-01-30 19:28 | Report Abuse

https://www.theedgemarkets.com/article/sc-bursa-advise-investors-be-cautious-social-media-influence-after-gamestop-frenzy

Posted by azriebaqhtiar > 2021-01-30 19:29 | Report Abuse

SC, Bursa advise investors to be cautious of social media influence after Gamestop frenzy

Posted by azriebaqhtiar > 2021-01-30 19:29 | Report Abuse

KUALA LUMPUR (Jan 29): The Securities Commission Malaysia (SC) and Bursa Malaysia said they are closely monitoring the local stock market in light of the current price surge of selected stocks in the US markets, which was fuelled by social media chatrooms against short-sellers.

This follows market rumours in Malaysia of retail investors looking to buy shares of medical glove makers in an attempt to drive up their prices and counter the short sellers who tend to drive the prices down.

Shares of glove makers such as Top Glove Corp Bhd and Hartalega Holdings Bhd did jump this morning.

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US markets have been buzzing after shares of video game company GameStop Corp surged 1,700% in just two weeks, as the Main Street investors piled in and forced hedge funds like Melvin Capital Management to lose billions on their short positions.

These small investors discussed stocks on the "wallstreetbets" forum on Reddit anonymously, and have fuelled the GameStop rally.

In Malaysia, ‘bursabets’ is the new subreddit group on social news aggregator site Reddit, created by local Malaysian retail investors to discuss buying up stocks of glove makers.

Their issue is that the share prices of glove companies have dropped in recent months, despite the increasing profits reported by these firms, noted the Minority Shareholders Watch Group (MSWG).

In a joint statement today, the SC and Bursa Malaysia advised Malaysian investors to be cautious of social media chatrooms that try to influence investors to buy or sell certain stocks based on speculation or rumours.

Investors should also be wary of discussions in these social media chatrooms that may trigger securities breaches such as the provision of investment advice or stock recommendations without a licence, they said.

“Any person found guilty, may be liable to a fine not exceeding RM10 million or imprisonment not exceeding ten years or both,” they said.

SC and Bursa Malaysia also pointed out that the market dynamics between the US and Malaysia differ.

“In Malaysia, Regulated Short Selling (RSS) is only applicable to Approved Securities in the RSS list, which currently comprises 218 securities. Limits are also imposed to prevent excessive short-selling activities,” they said.

In addition, RSS trades require investors to either borrow the Approved Securities to be short-sold or have confirmation of borrowing of the Approved Securities. RSS must be undertaken in a designated account where sell orders must be placed at the best offer price or higher.

“The SC and Bursa Malaysia conduct real-time monitoring of all trading activities to detect, analyse and escalate trading concerns promptly. Robust frameworks are in place to ensure an efficient, fair and orderly market. Where warranted, the SC and Bursa Malaysia will take the necessary measures to curb disruptive trading practices and market abuse,” they said

Posted by traintobullland > 2021-01-31 00:13 | Report Abuse

Malaysian market moving away from fundamental or technical, nowadays is sentiments

Posted by traintobullland > 2021-01-31 00:13 | Report Abuse

Hear rumours then panic buy/sell, then regret

Posted by LoliPap > 2021-01-31 02:00 | Report Abuse

KUALA LUMPUR, Jan 29 ― The Securities Commission (SC) has advised Malaysian investors to be wary of content in social media platforms, as the movement called “bursabets” that aims to inflate certain stock prices picks up steam.


It also reminded investors that the market dynamics in the country is different from the United States, as bursabets members try to emulate the controversial success of the “wallstreetbets” campaign that shocked the titular Wall Streets there,



“The market dynamics between the US and Malaysia differ. In Malaysia, Regulated Short Selling (RSS) is only applicable to Approved Securities in the RSS list, which currently comprises 218 securities.
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“Limits are also imposed to prevent excessive short-selling activities,” it said in a statement.


It explained that RSS trades require investors to either borrow the Approved Securities to be short-sold or have confirmation of borrowing of the Approved Securities.
It added that RSS must be undertaken in a designated account where sell orders must be placed at the best offer price or higher.
Furthermore, the SC said it and Bursa Malaysia had conducted real-time monitoring of all trading activities to detect, analyse and escalate trading concerns promptly.
“Robust frameworks are in place to ensure an efficient, fair and orderly market. Where warranted, the SC and Bursa Malaysia will take the necessary measures to curb disruptive trading practices and market abuse,” it said.
Yesterday, on social aggregator Reddit, a subreddit was created by the Malaysian collective of presumably stock and option traders who are now calling for a rally against “institutions” and “big money” who, its founder alleged, are rigging the market to suppress share prices of local glove makers.
Earlier today, some glove counters appeared to be riding on the bursabet rally, with Top Glove Bhd opening this morning at RM7.05 per unit, a rise of over 13 per cent from yesterday.
The SC said today Malaysian investors should be cautious of social media chat rooms that try to influence investors to buy or sell certain stocks based on speculation or rumours.
“Investors should also be wary of discussions in these social media chat rooms that may trigger securities breaches such as the provision of investment advice or stock recommendations without a licence.
“Any person found guilty, may be liable to a fine not exceeding RM10 million or imprisonment not exceeding ten years or both,” it said.
The subreddit now has nearly 8,000 members just over 24 hours after it was started.
Over the past few months but reaching its peak media coverage the last few days, a large group of regular US retail traders who banded under the subreddit wallstreetbets had set their sights against shortlisters who punted on GameStop share prices to fall.
Instead the US-based gaming retailer’s rose as high as around US$500 (RM2,022.91) each yesterday, thanks to these regular traders who bought into all available GameStop shares after learning that they were being shorted.
The SC and Bursa Malaysia said they are closely monitoring the local stock market in light of the current price surge of selected stocks in the US markets, fuelled by these developments.

Posted by LoliPap > 2021-01-31 02:25 | Report Abuse

KUALA LUMPUR (Jan 14): The rubber glove manufacturers saw declines in their share prices today after another bearish report from JP Morgan on the average selling price of rubber gloves going forward, as demand is expected to peak.
In a recent note, JP Morgan said gloves are “not needed” while administering vaccinations and that demand for gloves will continue to ease, contrasting with the consensus expectation that demand for disposable gloves will not shrink as sharply.


JP Morgan, which initiated coverage on the Malaysian rubber glove sector with “sell” calls in December, cited the Centers for Disease Control and Prevention of the US, the National Health Service of the UK and the British Columbia Centre for Disease Control of Canada in saying that gloves are not required while carrying out vaccination.
The American bank also stressed that glove prices may have peaked as testing efforts have started to plateau in most countries, especially developed ones. The bank pointed out that the current strong demand was due mainly to high testing activities globally.
The anticipated slower demand, it said, implies limited upside to the average selling prices of rubber gloves.


(attention to alll the newbie.. read more news)
glove market will never go high like last year again.. it will gradually fall to where it started .. first batch vacicine is coming at the end of feb..

Posted by henbaram > 2021-02-01 00:33 | Report Abuse

RSS is major cause.

Posted by henbaram > 2021-02-01 00:34 | Report Abuse

Dow another 620 drop

Posted by Scylla > 2021-02-01 12:36 | Report Abuse

It's down trend 0.6

Posted by 6996 > 2021-02-02 08:36 | Report Abuse

Dow jump 220 points, does it mean HPP also jump? Shifu rr88?

Posted by LoliPap > 2021-02-02 09:19 | Report Abuse

hpp steady counter... daily trader all moved to gloves.. lets see how they do..

Posted by emc2garylow > 2021-02-02 10:16 | Report Abuse

I invest stock I dun care daily trader, they can't make any impact to the share, they just like monkey where hot then jump where, only those small fliers will follow the monkey, now stock price stable le they not interested le, they earn nothing from stable stock, and they can't wait for stock slowly climb up.

Posted by huatzai88 > 2021-02-02 11:08 | Report Abuse

i TP in 2021 December Q4 Rm2.5.. okay bye

Posted by ampabella > 2021-02-02 22:47 | Report Abuse

halo engine sudah rosak, long time no up to 90cts oreli

Posted by DragonEyes > 2021-02-03 09:08 | Report Abuse

hahahaha long time

Posted by emc2garylow > 2021-02-03 09:11 | Report Abuse

2 weeks is very long time for day trader, in fact 2 days also very long for them...

Posted by BearishTrend > 2021-02-03 09:30 | Report Abuse

Ok.. I'm BB 685

Posted by Abang Mad > 2021-02-03 12:16 | Report Abuse

rebound

Posted by Kingston1 > 2021-02-03 12:27 | Report Abuse

Sell already. Thx Hpphb.

Posted by Newtradee > 2021-02-03 16:26 | Report Abuse

Anything less than 70sen is opportunity!

Posted by zhm540 > 2021-02-03 16:47 | Report Abuse

Soon it moves up, or perhaps limit up. Take your position now while it is cheap