Sea of red for the glove makers

Well cover subject by calvintaneng on SOP but the bottom line SOP shares underperform and failed to excite investor.the question why ?

This are the Glic link legacy bloated and mismanagement run operations

Ever since the share split. Rubberex only going down south. Hardly ever rebound or sustain. Up 1 sen the next 3 day down

Any news on RSawit ?

Today market bad. Sellers overwhelmed buyers

Today flush out alot of contra players. From 32 drop to 25 { day low } percentage wise -18.75 % .very sharp retracememt

Team L will sell some { hoping to pressure ikan bilis } later he will buy and accumulate more. It's a number game

Price is in the recovery mood after the price drop from their 40+sen prior to the outbreak . The resignation and retirement of LSE after helming for 3O years. And the entry of MAA plus the turnaround quarter result mark a new beginning.

Bad for smaller manufacturers if ASP price drop below USD 30-35.size comes into play

This is bad news for the smaller glove producers. Size matters

Changing landscape in the business world is challenging under the new normal. Whether gloves manufacturers or gaming . New comers are undercutting with their innovative ideas and technology. Even eatries are facing the brunt of the lockdown. Hui Lau Shan the { HK } popular sweet tong sui are closing down. Biggest threat of local glove producers are the China new start up. Their size and pricing are undercutting and eating our market share of glove exports { after the prolong lockdown disruptions .Either we change or be change.

Sardin81 - U hit home on the loan borrowings vs cash accumulated

Operator { big shark } has big plans

This counter cannot contra. Lock between 40- 42

The board { supercomnet } more gear towards running factory operations. AGM discussion not their cup of tea. Just my own observation.

A listed PLC have many rules to follow plus certain decision you need to seek minorities shareholders approval. whereas an unlisted company { the board have the sole discretion without the need to go thru EGM or have the shareholders mandate.} Bplant under Bstead is the best option to take private

Last hour lower sellers pressuring

XD 2.3 sen date 9/9

Hold for long term growth ? Depends on your risk appetite

Is glove counters good or bad counters ? Depends on what's your entry price

Touch 30 sen target

FD rate 2% p.a. whereas stock returns can be potentially much higher

First target 30 next 34-36

MAA not greenhorns.they value in KNM

MAA need to acquire at least 10% stake to seek board representative

Time to rise

Glove manufacturers still make $$$ but not at the astronomical level seen at the height of pandemic outbreak. Higher output and supply will see both demand and supply normalized and balance up

Yup.once volume spikes up signals better things coming

Alot of retailers has buy into plantation counters hoping the jump in CPO will translate into higher stock prices. Despite CPO good run for the past 2 years. Stock counters are at best lethargic and a far disappoinment compared to last year glove super bull run.

Plantation counters up to this point have not sky rocket despite good CPO prices traded for the past 18 months ? Planters sitting on cash pile

Time to move.

Prices not moving. Sleeping mode for the past 2 weeks

Rsawit still tidur

First TP target 35sen

Without prejudice and based on certain quarters. $1.20 is the number game they are guessing whether market will support their proposal. This is almost 100% higher than the current traded price { at that point of time } Not a buy call but just plain guessing game

RTK test kit not cheap. If your factory head count numbers are 2000 -3000 employees. Your cost is exorbitant and added on every 2 weeks .a RTK { saliva kit }cost between $30 -36 per set. If positive a second test at a private hospital will add on another $135 - 150 per test { excluding the close contact lock down }

Chart wise. Rubberex MACD not looking good. If break their 77 support base then next resistance at 74 sen.just my own chart analysis

Bplant used to be a high dividend paying stock and in every funds portfolio

Price locked in a tight trading band width 40 - 43. Hard to move unless EY report is out

Yes.alot of people stuck at 40-45 price range

Holding on at 17 sen. Tomorrow holiday

All planters laughing why Rsawit still bleeding

Closed at day low ?

Private placement now becomes cash atm machine. Sell or borrowed scrip at 18 sen later subscribe PP placement at 15 sen. Straight forward

Download the kiplepay. Limited functions

See afternoon. How the market ?

Stuck at this price 11.5 -12.0 for a very long time

T +2 profit taking and day traders flipping

All this reports are craps
Remember last year glove stocks was the darling and most analysist was giving high TP target