Game Over
https://edition.cnn.com/2020/12/11/health/covid-vaccine-fda-eua/index.html

If you guys cut loss last week and buy recovery stock, you guys would have recovered and made money, but no, too painful to cut losses, then lose even more

@WealthSoWonderful

If TG can go up, no need you to promote here and there to convince people to buy. If really can fly, will fly on its own. Everyday you share the same thing and expecting it to go up. You bought high and now hope it can go up to cover your losses.

TG is good, no doubt, problem is the last few months rally so fast and so high, now everybody take profit and leave.

can TG stock price doubt or triple again? I dont think so, even you know it is not possible. If you are now in the green and not red, you would have sold and move to other counters already. only reason you are here is because you are in the red and hope the price can go up to cover you, then.... you will leave too.

it is better to leave on your own terms than to be forced to leave. glove party is over already, that is how the market works... no secret lizard society manipulating it. the market is too big to be manipulated.

just move on.

all pro glove people stuck at high price, now they hope vaccine fails and many people die, so that they can make some money.

heartless.

@pinnaclegrade

You yourself already said Sultan Selangor birthday.
Selangor is not KL, KL is not Selangor.
2 different states.
Glad you learn something new here in i3

continue to post denial comments, whatever it is, the party is over, no conspiracy. Why nobody wants to buy glove stock now? This is because everybody is afraid the bubble will pop, and it is popping. no hidden hands, just that majority of investor have left for other stocks like tourism and banking. People go for recovery stock now.

glove is over, why? because people know their profit will only drop once vaccine is widely available, which is soon.

so, just move on. stock market is forward looking. Can glove company sustain these crazy earnings for 2 or 3 or 5 years from now? NO! But banking stock, such as PBB or MBB might be able to make more profit 5 years from today. So, glove party is over. The sooner you cut losses the better it is.

@Geek2020

Do you even read?

https://www.theedgemarkets.com/article/setting-sights-highyield-dividend-stocks

Maybank has been giving 6% yield for many years. cannot be matched by other stocks? You are lying and you know it!

do you guys know you are all talking to each other? as in all those still holding glove stock with paper loss?

If you guys cut loss and just bought bank or genting or whatever, would have recovered all the losses already.

when invest, learn to cut loss.

Quick, everybody go pray for a new virus.... wait... better still, go find a bat, kiss it and see if you get sick, then go spread the virus. only a new pandemic can save all glove stock. glove holders want a new pandemic, more death, more money.

everybody ready to sell, how to go up?

Chill, Block 7 project starting soon.

@doublesunday

The headwind is slower population growth, faster and more reliable mobile internet, and the commodifying of bandwidth. Once a product competes on pricing, like palm oil, airasia tickets, computers... that is when growth stops or stagnant. If the only reason a customer chooses your product due to price, then it is time to leave.

@doublesunday

I agree, fix line wont die. Just like how PC wont die because more and more people are using laptop over desktop. The problem is, fix line will go the way of desktop PC. It is obvious the time will come, generational shift will guarantee this, how many young people uses fix line over mobile data? how many young people uses a computer over smartphone? The shift is slow but steady.

TIME wont go kaput or lose money, well managed company. The question is, growth will be slow, why stay in a company with slow growth when there are so many others with higher growth = higher capital appreciation.

Goodness, you guys are still here promoting glove? The world has already move on to other counter like O&G. Move on.

When the first CU store opens, I will visit. Then I will visit the 2nd and 3rd CU store. If it is good and respond is good. Maybe MyNews found the right formula and it is time to sell some QL and put some in MyNews.

I like the turnaround story but.... somehow it cannot fly.

For those clueless, QL bought up 4% of BM from one of the director/partner/main shareholder. This automatically triggers a mandatory take-over offer. QL has no intention of de-listing BM, QL has no intention of buying anymore of BM, this is why they simply offer the last closing price of 95 cent for BM. If they are serious, they would have offered more and started buying up BM today.

For those that panic, hold tight. FamilyMart has great potential, just go to their FB and read the comments, good or bad? So many request them to open up in their area, but FM do it slowly to control the quality of the food. Good management will not rush, bad management will rush to open as many as they can to boost the share price.

@stockraider

Just bursa SOP only because they bought the 4% from one of the main shareholders, thus it automatically triggers a "mandatory take-over offer" based on the existing law, QL already said they have no intention of delisting it and they simply give a figure of the last transaction price of 95 cent, which they have no intention of buying any from the open market.

Nothing changed, those that bought now hoping QL will offer higher price to mop up all the remaining shares don't understand the whole situation. QL is not buying all of the remaining share, not 1 unit more. QL is not delisting BM. QL is just buying up the 4% held by one of the directors or whomever he is. That's all.

@Dakewlest

TopGlove latest TP by bankers is around RM10.

If it is a merge, this means QL will also be in the solar panel industry?
http://www.boilermech.com/about.html#subsidiaries

Since QL already own a large % of BM, I think this is a positive sign. More growth.
I still dont know why QL is not in KLCI30, maybe tomorrow got double good news?
The last time they chose KLCCP over QL is such a stupid move. KLCCP is a reits and no growth during a pandemic. Now KLCCP market cap is smaller than QL.

https://www.theedgemarkets.com/article/ql-resources-boilermech-shares-be-suspended-tomorrow-pending-announcement

@Drsnazzy

Hmm.... what do you think? good news or bad news? 2 days of mopping up at 6.36 except for today. All I want for Christmas is for QL to hit RM7. Thanks santa.

For the past 2 days, someone or some fund has been mopping up QL shares at 6.36 at large volume during closing hour. weird.

seems like everybody was expecting this good news already and have already bought 2 weeks in advance, thus now it is time for correction.

@JayC88

Please read the quarterly report then comment, thanks.

@Sslee

BMW only? I guess stereotypes are true, go google BMW drivers and it will says BMW drivers are arrogant... and dont like to use signal.

@i3lurker

At this point, I have to assume your wife bought a banana from FamilyMart and decided a banana outperformed you in bed.

@i3lurker

How old are you?

@Sslee

Overvalued if you are a short term trader, undervalued if you are a long term holder. FM still have more room to grow, how many stores do they have now? 200? Imagine 1000 stores all over Malaysia.

I agree, there are many more other counters with better returns (not growth), QL is not something you trade. Plus, I doubt anyone here invest the majority of their money in QL, it is just a small portion of what I invested in the market.

With the Fed printing so much money, food inflation is here to stay. QL will benefit from it. Just compare to the food price 10 or 20 years ago. I remember when I first came to KL/PJ 20 years ago 1 chicken rice is about RM4.50, now? RM7 or RM8.

For me, QL is just a hedge against inflation and growth in FM. That's all. I doubt Philips poured in a majority of his money in QL too. After all, it is his money.

@Sslee

Why copy and paste what I typed? Maybe the right question is, should anyone be worried that EPF is loading up of glove stocks such as TG?

Result considered not good, 2 Quarters down. When a family budget is tight and they have to choose mobile internet on their smartphone vs home broadband, the first thing to go is home broadband.

With mobile internet gaining in speed, bandwidth and stability, TIME will eventually lose out, maybe not next year or 3 years from now but eventually TIME will have to get out of the home broadband market and be the bandwidth provider for companies like Digi and etc.

Not everybody games on their computer or watch high res NetFlix, a good mobile internet is good enough.

No future. Sell! Sold mine on 24th Nov as I expected a bad quarter.

@Trustcircle

Largest? Largest is VS lah, you told you it is ATA IMS?

PBT is RM97K, close to the 100K i predicted. Not bad, with FM expanding in northern region and the continuation expansion in central and south, more profit in coming quarter. The Marine business just started gaining momentum.

MPM went up, expected as they are expanding.
POA went down, surprised. Due to foreign exchange. Rupee
ILF went up, probably due to FM. Chicken eggs price went down.

Next year will be even better as tourism returns and life begins to fo back to normal. Cant go wrong with QL.

Their profit is the same as 1 year ago before the crazy rally. Now PE68. This is a crazy overpriced stock like Greatec. Real value is below RM1.

you guys want to get out also cannot.... nobody wants to buy. WTF is this?

I know pe is not everything but pe90 at peak is crazy, crazier is when the profit and revenue hardly increase by 100%, this is madness. Time for a big correction.

told you guys already, stock moves in cyclical, now is O&G, Tourism, Covid recovery theme. Semiconductor already had its good run. time to move on.

@Geek2020

My bet is Supermax wont made into the KLCI component list. KLCI will take a wait and see approach. Why? Everybody knows eventually Supermax price will fall, question is when, why put in a company that will only drag down the KLCI in the future? Maybe I am wrong, time will tell.

MACD Cross as shown in the screenshot below.
https://ibb.co/7VXmDhH

It will continue to slide until it crosses again. So, wait for a few more days. TA is not 100% accurate, but just an indicator. It wont drop lower than 4. RM4 is the support.

AA will go into PN17 soon. Shareholders will carry the bag.
https://www.bursamalaysia.com/about_bursa/media_centre/bursa-malaysia-announces-additional-relief-measures-to-provide-flexibilities-in-fundraising-and-ease-compliance-for-listed-issuers

By June 2021 if AA is still in this situation, which is likely to be since there is no way out, it will be classified as PN17. 6 more months.

just wait for oil price to recover. it will when people starts flying.

told you guys already, overpriced. Now the theme already shifted to post-covid. tourism, banking, o&g. Frontken dont have much growth ahead compared to others. it is a good company, no doubt about it. just go buy some recovery stock. Frontken will drop to RM2.50 to RM2.80, her real value.

MACD cross liao, told you guys but some attack me. Technical already show it will correct soon, now in correction mode. Now must wait, I dont know when will go up but just wait.

@AnsonLiew

Just TA chart bro, MACD cross sure down. Dont ask me how low, I dont know. All I know when MACD cross, it means down.

Alreddy told you guys MACD crossing soon, means down. Who was the one laughing at me? Just wait for the next MACD crossing to go up, wait.

@kassimbaba7 dialog also the same, and posted even better results during mco. Maybe both fishy fishy?

Serba is like dialog, O&M and EPCC, oil price wont really effect them that much. Of course higher oil price means better pay and job, this means if oil recovers, both will fly higher

MACD cross soon, this means it will go down. Maybe a correction. Support is at RM4.00, I dont think it will go lower than that but if it does, all hell break lose.

@Alfonso

Exactly, I dont have insider news but using logic, if Awang is sabotaging the price because of hate and anger, dont you think they would have removed him as a director or insider? Awang is not leaving Serba, and he has no problem running the company with all the directors. Only he knows why he is doing what he is doing.

TP2.40 or TP3 by end of 2021.