@DJoker89 bro, don't waste ur time to talk to them. Not in the same chanel, they won't listen.

SINGAPORE (June 25): As the novel coronavirus (Covid-19) pandemic continues to infect and claim lives, there is no danger of an oversupply of gloves just yet.
According to Maybank Investment Bank Research, global demand for gloves is expected to grow 20% in 2020-2021.
This would be supply-led as there is insufficient capacity to cater to the sudden jump in demand stemming from Covid-19, the brokerage points out.
In contrast, the total capacity growth of the world’s top five biggest glove producers is only expected to grow 16%-19% in 2020-2021, according to Maybank IB.
These glove manufacturers are Top Glove Corp, Hartalega Holdings, Kossan Rubber Industries, Supermax Corp and Sri Trang Agro-Industry.
Only Malaysia-listed Top Glove and Thai-listed Sri Trang have a secondary listing on the Singapore Exchange.
Given the stock replenishment requirement and the long sales lead time into mid-2021, Maybank IB believes the market would only reach equilibrium in 2H21.
As such, short-medium term oversupply risk is low, it says.
However, there is a risk of oversupply in 2022, warns the brokerage.
Maybank IB expects global demand for gloves to grow just 8% in 2022, lagging the total capacity growth of the “Big 5” of 12%.
Still, the brokerage believes the new capacity could be absorbed by the local China market as the country needs to replace some of its vinyl gloves consumption with nitrile gloves.
“Moreover, given that the margins of the China glove-makers are not superior to that of Malaysia’s glove-makers, we believe the average selling price pressure from the China peers may not be excessive in an oversupply situation,” Maybank IB analyst Lee Yen Ling writes in a note June 24.

Walao e....

Thanks for sharing freetospeak

What a show... Luckily I'm still holding it.

What a day....

Early morning so many block...

@fishningen if you didn't sell it's just paper loss. It only loss when u sell it. I also hold it and Avg down.

Coming up now

So many waiting at 7.5 to buy....

Hold hold hold...

All indices red red again...

Just hold...

The rest up. Only Supermax, Kossan, Topglove drop..

Harta Green Green only

U make decision for ur own investment... Nobody can help u decide.

Follow own decision, I will hold.

Topglov, rubberex, harta all green...

Not only Topglov in green, rubberex green too....

Speechless...

Been press by them again. Happen to Topglov there too.

Damn... Press again...

YTH888, we will follow you.... Rm15 next...

Congratulations to YTH888. Thanks for all the sifu lead us...

See... Back again... So just ignore all that person keep shouting sell, run, etc...

clouud1234 Sometime u know why it fall like that even the company is strong?because of those huge money they have to pay for the warrant buyer.The money that profit from warrant buyer is not from other investor,it is from the bank that lose those money.The warrant is issue from the bank,they side bet with you.If you are the banker,will you willing to pay those huge money to the warrant buyer? Of course you will do something right.Thats why they push down the price and let the warrant fall.

Bro, agree with u.

They just create panic and grab cheap ticket quietly... If they don't wanna grab, y keep asking to sell.

Wah... 8.34...

That y they let ppl buy CW first, then suddenly make the mother drop.... All will get stuck in CW... Lesson learn from C88

Start again? Don't panic

CharlesT regret yesterday bought too early... Above 9... No bullet to buy just now...

vanness_lyh diam7 la dave jet, keep on mention limit down limit down, go back your bed kid

He wanna grab those cheap ticket.... Just ignore...

Why go down again....?

Yesterday, Reuters reported that new coronavirus cases had their biggest daily increase ever as the pandemic worsens globally and has yet to peak in central America.

WHO urged countries to press on with efforts to contain the virus as the new infection cases topped 136,000 on Sunday, its highest daily tally of new infections so far.

As of June 8, more than 7 million people have been reported infected with the coronavirus globally and over 400,000 have died

Margin capped again.... Damn

Close in red?

No show....

Good

More power pls

Really 8.88

Seem like hang again

8.88 huat ar!

Keep set block got meaning meh?

What happen?

Someone throw?

8.9 so big block

C81 still have long time to go... I think u still able to sell it. If near to expiry date then sure no transaction. It happen to me 1 time in HSI warrant.

Can ask 1 question regarding C81? it is not mature yet but how come no more buy and sell ya?

Normally it will happen when a lot of new CW come out. The old CW will less transaction, coz everyone is focus on new CW.

No choice... Just hold n wait... I alr Avg down to 2.04.

Nvm... Be positive... I can hold till become green.