Posted by younglean > 2022-12-20 17:15 | Report Abuse

This company can manufacture its own industrial brushes, and further expand the types of industrial brushes to meet customer needs. A promising future is ahead for Yew Lee

Posted by Gnanasong > 2022-12-21 17:52 | Report Abuse

Great momentum when opening this morning

Posted by younglean > 2022-12-21 18:14 | Report Abuse

Apparently. But it retraced back after that

Posted by younglean > 2022-12-21 18:14 | Report Abuse

I guess the announcement of director disposal of share affected a bit

Posted by Gnanasong > 2022-12-21 19:45 | Report Abuse

Let's see tomorrow de price movement. Don't worry much, just a short-term profit taking activity only

Posted by younglean > 2022-12-22 10:31 | Report Abuse

Heavy selling pressure this morning...

Posted by younglean > 2022-12-22 10:32 | Report Abuse

I guess it's an opportunity to collect it below 40 cents

Posted by Gnanasong > 2022-12-22 12:00 | Report Abuse

Yes, bonus issue of warrants are officially announced

https://klse.i3investor.com/web/announcement/detail/1743279

Posted by Gnanasong > 2022-12-22 12:09 | Report Abuse

The free warrants will come on the basis of 1 free warrant for every 2 existing shares investor held.
The tenure of the warrants shall be fixed at 5-years since the issuance date, and the conversion price shall be set on the level of RM0.280.
There will be heightened interest in a stock as issuance of free warrants could be an arbitrage opportunity if the conversion price is above ex-all share price, as the exchange would deem the warrant as premium, hence minimal ex-all impact on its existing share price.
Interestingly, the share price of YEWLEE-WA had gone up to RM0.390 currently, hence representing a discount of 39.3% before factoring in the ex-all effect

Posted by todakensem > 2022-12-22 16:57 | Report Abuse

rebound a bit

Posted by shortinvestor77 > 2022-12-22 19:49 | Report Abuse

Sell on new.

Posted by younglean > 2022-12-23 10:22 | Report Abuse

Nice, rebound back. Luckily got enter a bit at 38 cents there

Posted by Gnanasong > 2022-12-23 12:29 | Report Abuse

It looks like a good entry point when it undergoes minor correction

Posted by younglean > 2022-12-23 13:23 | Report Abuse

Let's see Yew Lee will move up like gloves today. Up up up and opportunity to collect more when retrace again

Posted by Gnanasong > 2022-12-23 13:39 | Report Abuse

By the way, they will diversify their customer base to include other industries. For now, they are dependent on the glove industry

Posted by shortinvestor77 > 2022-12-23 17:47 | Report Abuse

Sell on new. Yew Lee revenue has dropped a lot. It could not find any replacement business for its glove sector customers in a short time. Be realistic. Talk talk get more customers can. Do is unable lah.

Posted by Gnanasong > 2022-12-27 09:36 | Report Abuse

Need time to acquire new customers. Plus the demand of glove is expected to increase seeing that there probably will have resurgence of the cases

Posted by younglean > 2022-12-27 11:59 | Report Abuse

Testing a great rebound with this trading volume. Prepare for Yew Lee to move up high

Posted by Gnanasong > 2022-12-27 12:05 | Report Abuse

It definitely will move up. See, how strong the glove counters are moving lately

Posted by younglean > 2022-12-27 12:20 | Report Abuse

Seconded. More demand for gloves means more business for Yew Lee. Positive price movement continues for glove-related companies

Posted by canalimpaler > 2022-12-27 12:53 | Report Abuse

Lai liao lai liao, going upward with glove stock !!

Posted by fuyohpuyo > 2022-12-27 13:16 | Report Abuse

Yew Lee is going to move with glove since covid in china had worsen, monitor first

Posted by jazmaster > 2022-12-27 14:50 | Report Abuse

technical seems good and yewlee recently sounds famous ? Guess the share going to rock and roll at 2023

Posted by jazmaster > 2022-12-27 14:54 | Report Abuse

Anyhow I think there are a small movement will come to yewlee soon - as our glove counter recently at the rebound stage

Posted by Benz1828 > 2022-12-27 22:35 | Report Abuse

Time for YEWLEE to soar.. with tp 40 cents ++ end of the trading day.. as per DatoKyle!

Posted by Gnanasong > 2022-12-28 09:59 | Report Abuse

Seems like Yew Lee is moving quite steadily when the gloves retrace back

Posted by younglean > 2022-12-28 11:47 | Report Abuse

Sign of rebound of Yewlee. Don't miss the boat

Posted by Gnanasong > 2022-12-28 12:24 | Report Abuse

Seems like glove counters' momentum is still carrying on. They just undergo a minor retracement this morning

Posted by younglean > 2022-12-28 14:58 | Report Abuse

It will create a strong rebound after a short profit-taking on glove sector I guess. Positive price activity will continue to be displayed by Yew Lee.

Posted by Gnanasong > 2022-12-29 09:18 | Report Abuse

Nice. Great rebound for Yewlee after a short retracement

Posted by younglean > 2022-12-29 11:00 | Report Abuse

Had been washing away the weak holders. It will continue to move up due to the rising demand for gloves

Posted by MiaChin > 2022-12-29 11:15 | Report Abuse

strong momentum…. Guess that share price will fly at incoming quarter

Posted by Gnanasong > 2022-12-29 13:43 | Report Abuse

Haha. That's right but have to wait February next year to see that nice scene

Posted by shortinvestor77 > 2022-12-29 16:59 | Report Abuse

All ikan bilis will swim to longkang soon.

Posted by younglean > 2022-12-29 19:41 | Report Abuse

Nice closing today by the way. Tomorrow will have another great momentum I presume

Posted by Gnanasong > 2022-12-30 09:59 | Report Abuse

On the way to break 40 cents again. Stay by to ride with the wave

Posted by younglean > 2022-12-30 14:35 | Report Abuse

Glove sector will continue positive momentum for this period of time

Posted by Gnanasong > 2022-12-30 15:27 | Report Abuse

Precisely. Health experts warn about an explosion of COVID-19 cases in China as the country lifts its zero-COVID measures could create a "potential breeding ground" for new variants to emerge

Posted by younglean > 2022-12-30 16:45 | Report Abuse

Market is gonna close. Golden rush for Yew Lee. Gogogo

Posted by Gnanasong > 2023-01-03 09:36 | Report Abuse

Be aware. Two variant viruses detected in Malaysia

https://www.sinarharian.com.my/article/238721/khas/covid-19/dua-varian-utama-di-china-sudah-masuk-malaysia

Posted by younglean > 2023-01-03 11:34 | Report Abuse

Don't worry it won't lock down again, but I guess glove demand will increase

Posted by Gnanasong > 2023-01-03 14:48 | Report Abuse

Trued. More demand for gloves = more business for Yew Lee

Posted by younglean > 2023-01-03 16:15 | Report Abuse

Yew Lee is retesting to break 40 cents. Nice, positive momentum continues

Posted by Gnanasong > 2023-01-04 09:40 | Report Abuse

Broke 40 cents yesterday lor. Luckily got pick up a bit at 38 cents there

Posted by younglean > 2023-01-04 14:47 | Report Abuse

Seems like Yew Lee doesn't follow completely on the share price movement of the gloves

Posted by Gnanasong > 2023-01-04 15:34 | Report Abuse

Ya...Glove counters are being tp by retailers and shorted by big funds as well

Posted by younglean > 2023-01-04 16:05 | Report Abuse

Could be. Right now China is executing herd immunity. Possible will have another wave of Covid resurgence. Thereby I believe demand for gloves will increase as well

Posted by Gnanasong > 2023-01-05 09:48 | Report Abuse

Nice. Positive momentum continues and gloves also rebound a bit today

Posted by younglean > 2023-01-05 11:10 | Report Abuse

There is growing concern over the steep rise in Covid infections since Beijing last month abruptly lifted years of hardline restrictions, with hospitals and crematoriums quickly overwhelmed.

“We still do not have complete data,” WHO’s emergencies director, Michael Ryan, said.

https://www.theguardian.com/world/2023/jan/05/china-data-under-represents-true-impact-of-covid-outbreak-who

Posted by younglean > 2023-01-05 11:12 | Report Abuse

Growing concern over the resurgence of COVID-19 cases and demand for gloves will increase day by day