Dont talk crap, FL will not want the stock price to go back to 0.12 before EGM else DL can even buyback at the cheaper rate which does not makes sense to do all these work of kicking DL out. To have a bad quarter which this buying stake you still think its reversing? Fear mongers is trying to scare people to make it cheap for them to repurchase the stock.

2 days only from 41c to 21c. Really jialat, luckily PT earlier if not die out flat.

Does anyone know how many shares does Lo Fui Ming have?

Likely chairman selling, run for your lives...... All prior uptrend already invalidated.....

After investing in KLCI for long term its not right to see losses of more then 70% of the people be it long term or short term. See US, in short / mid / long term still way better then pre-covid. But KLCI is technically better but more then 50% of the stocks is practically worse then before.

KLCI counters already kantoi.. Now have to see new goverment will improved or not, else best not to invest in KLCI anymore until further clarifications. Else double whammy loses and we could be entering the age of 95% loss in KLCI.

No need to explain.
In Malaysia Najib is the emperor at that time (yes no doubt Mahathir make it possible that PM have ultimate power).
Whoever goes against him only have deathwish and 1 way out he goes except for Tun alone, still he got sacked from UMNO.
Same like the AG, Zeti though she knows alot of things (ofcourse) but they signed NDA like all standard government staff.
That was the main reason there is several people advising Tun Mahathir at that time to come out and advise and even openly goes against Najib at that time.
Many others that is not having power / background political support that goes against Najib and Rosmah doesn't have a good ending.
Even Robert Kuok (CSR) also got kicked out.
You so easily said she knows why she didn't voice out.
Even Trump knows but he didn't do anything and instead still meet up with Najib.
Politics is a very dirty business that is all about money and power.
Whoever in position always is the superior one.
You think only the few people knows Najib dirty business?
Whom do you think highlighted to Tun Mahathir in the first place about Najib misconduct before 1MDB issue even blown out of proportion?
There is many things we as peanuts are not aware off.
Forgive, forget and let go.
Even if you know, what can you do?
Like right now, you know, i know well alot people in Malaysia also know and yet we still let Najib on the loose and happily travelling around?
Who's fault is it?
Aren't we also partner in crime that make it possible for a political thieves to still walk around freely even after he had been sentenced?

You should share this with those that says government offering more BR1M is a good government.
The BR1M supply is not going to be endless, it needs to come from somewhere else and I guess the majority that pays for it will not be happy to keep contributing only.

This https://www.youtube.com/watch?v=d1t_bKjaVcw
He clearly describe the consequences of voting for a political thieves.
Anyway one way or another Malaysian will learn thru the easy or hard way.
Remember Suharto still goes down after 31 years of rule.
If this current crisis doesn't cause the political thieves to goes down, it will eventually still break them just a matter how long we need to wait and until what stage.
When its RM5 vs 1 SGD (I sincerely hope this day will not come).
But its pre-ordain that political thieves will go down just when (like stock market) we cannot predict.
But I can say for sure if one day RM5 = SGD1 does comes, even dumb pendatang will also go else where to be another pendatang.
One must not be a loyalist to a downtrending stock / country.
Should the all time strong support break, everyone must learn to cutloss.
Its only unless you are too old and no where else to go that one do not have a choice but lived till end of life.

Actually there is no rules that old is gold in managing a country.
With experience comes more way to corrupt from the way it looks in Malaysia.
Once Muda is available, it could be a force to be reckoned maybe not in GE15 but GE16 it could definitely overtake PKR and hopefully lead the coalition.
Just hope more average adults will join and contribute to it so that we have a chance to turn Malaysia into a new leaf.
What muda lacks in experience could be replaced by energy.
Harapan looks like a doom party with AI only trying to hold onto power.

That is why Indonesia currency is like toilet paper price and Malaysia also going down the drain year on year. Yes, Indonesia is worst with Suharto era corruptions hence the rupiah devaluation. But neither is Malaysia anything much better right now among Asean countries is the worst performing currency and only set to become worse.
You complaint of Harapan, but we do not have any choice but to choose of the lesser evil eventually. Many people regreted that they choose harapan due to the strict rules and half baked job they did.
But with UMNO it will become worst, the rich will likely to move away from Malaysia at least on the investment part. Its still a haven to stay if you are having earning in foreign currency.
Later part going to SG to work in job that singaporean doesn't want will be way more better paid then working executive / managerial level in Malaysia. But born local also called a pendatang, goes to become one also pendatang but with more pay and if can save properly can give one a way better lifestyle then staying in a country that is corrupted soon to be Indonesia / Greece.

There is no doubt investing in ruberex is a mistake for those that didn't take profit these 11 months, even the director was already showing it color when gloves are rallying and there is record volume of sales. Its been downtrending ever since.
The directors doesn't care about share holders as well except himself and few others.
Yes, while its true that after record drop from rm 3.0 until today 0.70 cents its bound to rebound later.
Even serbadinamik which have audit issues also suffer similar dreadful drop, but to say ruberex is without issue and this drop is temporary maybe is unexplainable, or that merely glove craze is over already glove stock should goes back to original state.
So says ASP is dropping, but still better then pre-covid.
So it may have hinted, prices is dropping but they are still higher then pre-covid.
Hope that give you some indication to continue invested in ruberex or not.
Sometimes don't hope too much, if failed then cut off and move on.
There is bound to be better opportunity elsewhere at some point of time.
Also its not to say glove will not rise again ever, its bound to comeback again sometime later just when is for you and I to learn to discover it.

Time to catch falling knife, remember if gain > 20% - 30% run first. Don't be greedy.

Oversold reached.

True, usually 2nd time is charm.
If smart wait until reversal from 2nd time, it will be fast and furious as well especially this Ruber operator.
3rd time however is doom.

Should support 1.00 breaks then another hellish nights

The day will come but we are not able to predict when reversal comes. Trading is simple, just buy low sell high. Not buy high sell low. Of course there is the potential for buy low sell lower as well that is where risk management comes into play.

BuffetOnWeed no need to hope for pandemic getting worse. Its only going to improved further the longer it is, you are being ignorant if cases jump from 100 to 5000 also price going down hill that you see big chance for big share price increase. You are only buying on fundamentals that hopefully eventually will reverse course the technical downtrends.

Really boring, day day open high and drop lower as the day goes.
Have to keep waiting only.

When US cases ramping up towards 200,000 daily people says thats causes they don't wear mask, they don't do social distancing, they are ignorant people that still goes out.
Now US cases is only 5 ~ 10k daily and MY cases are ramping up from 100++ until 5000++.
So what does it say about Malaysia?
Until now still non stop about daily infections.
Its irrelevent and doesn't matter if partial or full lockdown.
Just be prepared for vaccinations and we try to get back to previous normal as fast as possible.
We are always merely followers so we will undoubtedly follow international standards when condition allowed rarely are we the leader that determine global standards.
So getting back to normal is just a matter of time and don't fret of recovery.
It is coming sooner or later maybe we are 3~5 months behind advance country but we will go thru it.
In mean time stay safe.

If based on your reasoning, at the start of vaccination program only gloves dying already, what happens when vaccinations goes full swing and finally when vaccinations is completed gloves drop dead?

Just vote against director special fee. No point putting hope on director pushing up the price for you.
If the company don't reward investors, don't manage finance properly then just dump the share.
With the director manipulating the share price its already a negative sentiment, and hoping for them to push up the price due to AGM is just a false hope.
You wll be better off parking the money in other company that rewards the share holder better.
You are desperate to everyday follow up hoping someday they push it up.
They will not push up when you most expected it but rather push up it when you least expected it.
That is the cruelty of life.

Why bother with cases and covid infections around the world? Does you get a good correlations between cases and your stock price? (Maybe blind or forgetful but last year Dec'2020 how many case, now May'21 how many case? Stock price how much become how much?)
There is no direct correlations. Even US from 20k goes to 200k and then now drop to 40k still DJ is going up.
I don't think people need to be bothered with cases that they cannot be in controlled.
Mutations had been expected since beginning when Covid was declared a pandemic.
Vaccines had been expected to be further improved and would not be exactly a one size fits all.
Most importantly for people is the stock price goes up not constantly dropping that people lost interest and will moved to other counters.

Don't make investing so difficult.
Range 1.00 ~ 1.20 just buy.
If you feel uncomfortable near 1.50 just sell or else wait after it break 1.55 it will fly next level.

It simply means Uncle Koon is quite deeply invested into gloves.
From FA wise one will not expect it to drop till so badly.
From TA wise this could be within expectations but still many traders don't see them till its quite later part.
Ofcourse no matter how we comfort ourself that the company is earning / won't go bankrupt still dropping share price daily isn't fun.
Just imagine it is like dataprep everyday going up then even if you don't sell also you happy and have the confidence cause seeing paper value increasing.
We knows its usually short term and we cannot possibly get the lowest price still dwindling paper loss hurt our confidence and break our hearts.

Pls add me

This maybe hard to rebound in the short time until it offered dividend.

It will go down single digit cents soon. All hell going to break loose.

It is only ignorance if you asked that people don't try to help informed others. Ignorance ain't a bliss and naiveness will bring a downfall to one person. We are here to share information hence the forum, if you really only like to listen to things you wanted to listen only i suggest you go listen to radio as you can then switch channel when something you don't want to listen appears. If there is issue with management then getting others informed is the way to better improve the company forward. A company that don't know how to reward its share holders usually perform poorer then one that knows how to reward its share holder.

Better escape before it falls of the cliff and next time you don't be so lucky anymore.

Just ask yourself have you gained from buying into GPA until now?
If smart but still losing money by huge amount on GPA must have meant something.
If dumb but earning money on this counter then its all good.
In life don't need to be smart to earn money.

It will disappoints you if you hold high expectations.
But i believe it will appreciate based on current expectations, hence you don't even see any sbb needed.

If really 20 cents dividend, then it will fly quite high. Though that is less likely in current scenario, still flying is seen if they offered reasonably dividend.

Tomorrow will drop again, and may only seen reversal when they announced how much the dividend is. If stingy then it may continue to drop further.

Maybe best case scenario 5 ~ 10cents dividends.

Should run before this stock goes down further.
Else today will be the best day to TP.

You mean pity for the boss that purchase the stock?

Then it is about time boss give dividend if they wanted the stock to turn around. Otherwise people will desert it.

Stock rise and fall is normal.
No need to blame RSS all the way.
Its an easy excuse but one that doesn't really make full sense.
Its merely one of the factor.

The longer it takes to meletup the higher it will meletup once due.

Don't need to delve too much into RSS.
What is the point of understanding it if its not making sense?
Stocks goes up and down with or without RSS.
You seems to be delving into RSS just to justify the sake of why the stock price is being artificially pushed down.
It could be other reasons that you are not aware of but its not always when a stock goes down that RSS is to be blamed.
What you need to know is that RSS merely expedited the drop but not entirely contributing to the drop.

If one think the counter doesn't look promising then one should refrain from investing in it.
If one this it is good and promising then continue investing in it.

Mutations or evolutions if you want to call it is natural order.
Nothing new and nothing to be surprised off.
Markets becames irrational just because others wanted you to think irrationally.
Think rationally and market will soon becomes rational to your belief not the other way around.

Semakin lama semakin baik untuk kita nanti.
Lama tak datang sekali datang akan meletup..

Hari hari terbang, hari hari masuk long kang... Sedihnya.
Tapi apa yang sepatutnya datang akan datang juga bila tiba masanya.

Another 18months time. Who knows whats the demand and selling price of gloves. Most likely by the time it reached critical mass we may no longer need so much gloves anymore. So it become another white elephant. Probably even 1 piece will lose rm 0.50 cents then one year lose rm 1.8b further.

Can I ask, how can we see the shorted amount of share for the day?

hari hari gap up.. nanti hari hari gap down..

@kuaTAKtahu Then your timeline totally gone out of wack.
H22021 commence now almost Q1 over only RI.
It will be the casual overpromised and underdeliver case as usual with such counter.
Sorry i am just being practical.

Don't be greedy or you will get played.
15 ~20% is very good already if you don't need to pay.
The rebound is to be TP else you will regret it. (if you haven't already regret buy this stock in the first place.
I am just here catch bounce only.

Nevermind just sell more then. I already collected my fair share today.