Just dont be greedy.. Bought at rm21.11, 500 lots and sold at rm24.24. Then today rm18. 70 sold at rm19. 20. See money take money.

I was a pharmacist at the Penang hospital. So let me share it is just not possible for them tonhave a vaccine that has the safety adn efficacy required in less than 1 year. If they rush it then it is all just about the money. They dont care about the safety or whether the efficacy reaches 90%. Perhaps 60% is good enough for them to sell it globally and if anything bad happens later on they wont be responsible.

What i can tell you for sure is that Topglove will get 1 billion in profits in their September QR. This is a fact.

So just like science, believe the data and not rumors.

Bought 500 lots at rm20. 80 yesterday sold all at rm24. 24. Thanks!

Careplus profit is rm36 mill. Rm15 mill is from one off sale to Ansell. So left around rm21 to rm 22 mill. But next quarter 50% of profits will go to Ansell. So that leaves Careplus with only rm11 mill profits?

So this quarter profits wont be repeated again next quarter. Let you guys know first. At least nit until they complete their line at year end and double capacity.

If i had to choose also i would dump supermax at the current price. Even OTB is out last weel from supermax. But uncle and OTB still holding comfort because it is under value.

When are the margin calls? Just worried IBs will do risk assessment and sell down since thry are making money.

When are the margin calls? Obviously IBs will take profits first and buy back later. Wont adviae to hold in uncertainty if you are already making money.

A lot of collecting going on

Just know when to run when you see a bubble. It was obvious it was going to burst. I sold all in stages and bought back and sold during an uptrend. When you see it plateau around 4. 20 range i sold. Then when it dropped be brave to buy. I did the same for Airasia at 70 cents. Just now bought in at 3.65 and sold at 3.90. The price was 3.93. I just sell down to 3.90 all at one go because i hold 1500 lots. Had to exit. Good money for today.

Today bought again at 3.65, 1500 lots and sold at 3.93. I click sell 3.90 wjen it was 3.93. Sell down. Take money and run. Thank you.

Been collecting yesterday at rm3. 45. Sold all at rm3. 91. Thank you Comfort. Also thank you Supermax. Now i will turn off the screen.. Looking at it longer will drag you into it. Sayonara.

That explains the buyback after the selldown

https://klse.i3investor.com/m/blog/gloveharicut/2020-07-07-story-h1509797953-Cimb_revised_capping_for_gloves.jsp

Cimb revised margin call upwards. Basically they played dirty today. Sell down collect and then announce good news after 5pm.

Please respect rr88. He was right. The correction needed to happen.

Anyway play by ear. I don't run the show. Haha

The correction was healthy and it did rebound from the rm3. 40 support. It did close higher than yesterday's closing of rm3. 60. TA wise it will test the resistance tomorrow.

It is sitting on the rm3. 64 support. Tomororw will test rm3.79 again.

Wah reverse candle. Going strong. Tomorrow up again.

Agree with rr88. You can't fight TA. Lucky I sold all yesterday rm200k profits..

Distribution taking place. Becareful

Went in at rm3.53 sold at rm3. 70. Good profits today.

So is it true topglove wants to buy comfort.??

Top glove buying comfort? There are rumors. Is this true?

For me make lesser is fine. Most importantly is making money and don't be greedy. You cannot exit at the best price. So most importantly you set a target for yourself.

Know when to take profit because greed will make you lose. Every 1 cent is rm5k for me. I bought at rm3.25 last friday and sold all at rm3. 50. That's rm125k profits for just holding it over the weekend. Done this same transaction with comfort 4 times by now already. If its on a downtrend I won't buy even if it is cheap because we never know when they want to push down or up. Last Friday they decided to pump at 4pm. So can go in.

@fairtalk momentum investing. TA. When we see hot money go in only we buy. No point holding for too long because the syndicates will push when they want to push. Lesser risk. All I need is to do a high volume trade for 2 or 3 days and that's a lot of profits for me already.

Sold all at rm3. 50 too. Good money.

Manage to sell all before the collapse. Bought at 4000 rm3. 30 sold at rm3. 31. Before that already made fr 2.86 rm2. 90 and rm3

I thought next resistance is 3.43

I help clear 3.30 juat now. Bought 4000 lots.

After all comfort did correct to a low of rm2.48. So that was close to my fair value given of rm2. 40.

Targeted I am not the only who shares the same concern. If it weren't for margin financing you wont be here correcting me. Trust me. Let's just enjoy the ride.

https://www.thestar.com.my/business/business-news/2020/06/30/glove-prices-soften

Let me first say. I would maintain my bearish trend if it weren't for the margin financing. Let me say again, once the IBs starts throwing you better run before that happens. You want to make money you have to move with the tide. I didn't enter during a bearish trend and thar was the right thing to do. When I saw the margin financing cash going in then I followed. Its simple. I have always maintain a buy on reversal. Only immature gamblers like you guys would take this opportunity to make an emotional statement. Rest my case.

Today entered at 2.86 2.90 3.05

Wow crazy profits

Margin financing is back. We all know it will come crashing down once they start selling

Public invest basically rate the glove sector neutral now after taking into account the increased ASP and profits. Basically they said it is not sustainable and will be until the 1st quarter of 2021. Hence price is fairly priced at the moment.

Next Monday will drop again

There will be a tax for sure eventually. Media reporting it is a sign of things to come. A warning. Give you time to exit.

This windfall tax will cancel all the ASP benefits

It is in China press, sinchew, oriental news etc windfall tax coming for glove companies

Degaht it is from the newspaper. Sell before its too late. Its bearish and on downtrend

Government will be taxing glove companies. Came out in the newspaper today. Read sinchew

Government will be taxing glove companies.

Next support at rm2.73

I sold at 3.09

Just becareful everyone. No shares will keep going up 2 days in a row. Profit taking this week. Wait for it before going back in.

Topglove negative already

You can see the manipulation at comfort shares. Just now at 2.93 have 11,000 lots. Then force people to buy at rm 2.94. Immediately people buy then rm2. 93 have only 300 lots. Crazy isn't it. Those sharks are trying to get uncle Aunty to buy high