Not saying there is no money to be made in this volatile counter. Just don't dump all your life savings into this casino can already. As long the news is not out yet then the music continues.

My insider info basically says there is something wrong already. Now it depends on how they cover up the hole or announce the news later on.

03/07/2021 9:06 AM

RJ87 Ofcos something is wrong la…

Or u can add another one. Its nothing wrong, but the new associate dunno how to audit complicated books.

———————————

Kimgold I heard from insider is that based on KPMG findings, its either money laundering or the money is missing. Now it depends whether they can delay or extend the deadline to cover up the findings.
03/07/2021 9:11 AM

This is the info i got from the big four people la. So it's up to you guys to interpret it. I am pretty sure they will ask for extension and distribute the shares or they might find a way to cover up and pretend like nothing happen.


Kimgold I heard from insider is that based on KPMG findings, its either money laundering or the money is missing. Now it depends whether they can delay or extend the deadline to cover up the findings.
03/07/2021 6:39 AM
----------end

I would say more inclined to money changer went wrong..hahaaa
Abu Dhabi is heaven for money ezchabge...popular renowned...even 1mdb too harbouring here as port.. so....u can deduce

I heard from insider is that based on KPMG findings, its either money laundering or the money is missing. Now it depends whether they can delay or extend the deadline to cover up the findings.

They announced it yesterday at 7
45 pm. Check bursa announcement

Just buy and hold. It will go up. Look at careplus. Factory closed down 2 weeks ago. Drop to a low of rm2. 38 and the now recovered to rm2. 89. Will test rm3 this week. Furthermore topglove is the biggest glove manufacturer in the world. Take this opportunity to collect when they Sr ein crisis so by next week you can capitalize on it. Simple logic. Now they just announced 53 cents dividend. Not sure what other confirmation you need.

53 cents dividend!

Just ignore them. 24th Nov AT will produce gloves.

Which glove company will trade at below Rm0. 50 cents? None.

Ignore naysayers. 24th Nov above 35 cents then let them chase. That is 1 week from now.

Simple calculation at pe 15 ilimmediate tp is 70 cents. Let's say pe 10 it is easily 50 cents. On the 24th Nov once their start trial and 1st week of Dec thry start production and pass it to lkl to sell for them. Everyone will realize this counter is cheap. This is investing. Their earnings starts in Dec. Now its still below pe 6. Once prodcution starts next month. Pe 10 easily.

Pfizer said their vaccine is 90%, putin said Sputnik is 92% modern said theirs is 94%. If you can't see the publicity stun they are doing. Then you are blind.

Then the following day you will get news that modena ceo sold 60% of his share holdings. Lol

24th Nov you will know

Not to mention has bought back their shares for almost 5 days in a row.

Date of buy back 16 Nov 2020
Total number of shares purchased (units)9,570,000
Minimum price paid for each share ($$)7.200
Maximum price paid for each share ($$)7.510
Total consideration paid ($$)69,929,489.82

Hmm you see when topglvoe reports more than 1.7 billion profits this Dec. You guys are going to rush all in again. Vaccine is a far fetch and doesn't mean you won't need more gloves to vaccinate

18th Nov raw material arriving 24th Nov test trial and glove production
Why talk so much cock all of you. Just wait until 24th Nov la

If they hit their projected timeline by early Dec then it should trade higher. Like you said just hold.

Danny boy you are from perak?

Very bullish

I don't think it will be 30 cents anymore once it starts producing gloves in 2 weeks time. Just sayinf

That brings the price to 26.5 to 27. 5 range for closing today

Problem with trading is that you guys chase at the resistance 30 cents in the morning. A fair price would be between the support of 23 cents and the resistance

To be honest it's actually more bullish then last week. Morning session rm400 over million.

https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSKBN27T1LS

Tumbling down. Glad I sold at 27 cents.

I just want to say thank you to those that throw this morning. I made Rm50k. Cheers. Sold all at 27 cents.

That push. Made rm20k. Thank you again

Just glad I sold all at rm4

As you can see from careplus price movement. It went to a high of rm5.70 then all the way down to rm2. 50. It goes to show that some are factoring the full profits of the previous QR with the one off gain and some investors discounted it later on because they think a huge jump in profits is due to the one off gain. The recent QR shows us a better picture of careplus profitability. We will know of careplus fair value in the next one week.

There is 2 ways to interpret the results. You can actually say it is just an 18% increase from the previous QR or if you take away the one off gain then the profit has doubled. The real question is did the market factor in the one off gain into the current price or they haven't. This will determine the price movement on Monday.

I sold all at rm4 this morning. 200,000 shares.

https://www.freemalaysiatoday.com/category/nation/2020/10/14/us-adds-malaysian-rubber-gloves-onto-list-of-goods-produced-with-forced-labour/

https://m.malaysiakini.com/news/541388

Lancet approve Sputnik 5. Time to run from gloves if you havent. They claim Russia will mass vaccinate by September to November

https://m.malaysiakini.com/news/541388

Lancet approve Sputnik 5. Time to run from gloves if you havent. They claim Russia will mass vaccinate by September to November

I think as we get nearer to Novemver, more abd more vaccine news will be out. Gone are the days where you can get uninterrupted rallies. Besides, i think the market has aleeady factored in everything: the future QR results and the vaccine news. If you are making money try not to be greedy. After all it had a good run from rm2. No doubt it might rally again one or two more times before it fizzles off. Having said that trade cautiously.

17th september. According to the executive director during the AGM

17th September. The executive director Mr. LIM mentioned during the AGM.

Did you guys just read the news that Russia will be doinf mass covid 19 vaccine testing next week on 40,000 people?

Did you guys read the news that Russia will be doing mass testing on of their covid 19 vaccine on 40,000 people next week?

To be honest just follow the trend. If downtrend sell and ask later. If uptrend then buy and ride safer that way. You could be holding long term but every month you would have a push down and it goes below your buy in price. What if the next downtrend uit doesnt come up again. The market doesnt care much. If China and US trade tensions spirals out of control nearer towards November. The selldown will be huge. So during this period just play safe. See money take money. Dont be greedy and think tp rm40 or rm50. Those tps are what they tell you to get people to play. So just go with the flow and play.

Having said that, i did realize supermax was losing steam yesterday. Struggling. More sellers and people taking profit. Perhaps lock in profits for those that are making money first.

Good morning rr88. What i admire about you is that you are very consistent with your doomsday theory.

https://www.bloomberg.com/news/articles/2020-08-16/russia-says-saudi-arabia-will-test-controversial-virus-vaccine

Yu and mee. Are you stupid enough to believe fake news?

Kk: source of your news not reliable. Any major news media reported the same incident?

Just sharing the news. Dint need to panic yet.

https://www.chinapress.com.my/20200816/%E2%97%A4%E5%85%A8%E7%90%83%E5%A4%A7%E6%B5%81%E8%A1%8C%E2%97%A2-%E4%B8%AD%E5%9B%BD%E9%A6%96%E4%B8%AA%E7%96%AB%E8%8B%97%E4%B8%93%E5%88%A9-%E8%8E%B7%E6%89%B9/
Apparently China's first vaccine patented

Just sharing the news. Calm down eveyone. If you all panic then its game over

https://www.chinapress.com.my/20200816/%E2%97%A4%E5%85%A8%E7%90%83%E5%A4%A7%E6%B5%81%E8%A1%8C%E2%97%A2-%E4%B8%AD%E5%9B%BD%E9%A6%96%E4%B8%AA%E7%96%AB%E8%8B%97%E4%B8%93%E5%88%A9-%E8%8E%B7%E6%89%B9/

Apparently China first vaccine approved

Downtrend still intact. Best to buy on reversal. Dont get caught. Contra ban effective on Monday for one stockbroking firm. Not sure about the rest.