Looks like pushing it to support before rebound

Guess the operator is not going to push below RM1, temporary bottom....wait for panic sales

Normalized earnings should be in the region of 50% depreciation, cant be as bad as 75%.......Covid will be the new flu, wearing gloves would still be needed

Probably the only surprise you can have net profit move from 4 to 5 mil by Dec QR

Rubies....

Long tail coming....reversal ....buy...buy..buy

If follow Topglove forward PE 5 equivalent to RM2.....hahaha

Price ain't moving forward for the time being....

Is the product spread still there?

Somebody's margin call? Sell down like no tomorrow....looks reasonable

Too many traps nowadays

I think risk reward is best at below RM1, if it does not happen let it be....cant be too greedy these times

Technical rebound after many days of down trend

I am guessing in the region of RM1.50..

Annual reports figures are not current. Based as at December 2020. What's was the price of rubberex then?

Only 2 cents more...

Let's wait patiently for the shark....

Who think the generous supply is from retailers? After so many rounds which retailers still holds? The dumping is done intentionally.......

Profits probably 5 mil per quarter for end October

Best day I believe on day after below 1.00. Can get panic sales...

If 3.5 billion is reclassified into bad debts would the nta be impaired as such.....huge impairment becomes penny stock

4 more cents to go...relax. Operator will sell down for us

20 cents coming...

If its mid May the impact would only be seen in the Dec QR

Think earnings flat. Packaging expansion not activated yet in coming QR

No wonder serba was at a low pe for the longest time, also high growth...now we know

Epf can sell without notifications as not a substantial shareholder anymore. Maybe epf is dumping 1st....

That's the danger for high debt companies....numbers too good to be true...manipulated.
If it survives I will be surprised.
Typically.....borrow up to your nose

Operator creating the panic....that's where the supply is coming ftom

Behold the magnificent crash

Margin call now???

Ride with the shark

Operator is probably the major shareholder. Stimulate falling knife scenario. Every day drop until give up. Scoop up when its oversold....

Wait patiently. Only 6 points only

The operator sells until you are too scared to hold...big shark.
Buy then when its ridiculously oversold

No need to talk about economics of gloves sector. Just observe how the operator makes money the last few cycles

Obviously the operator is aggressively selling down stimulating more cut loss until 1.00, let's not disturb him until then....

That's only Malaysia. Europe and US are recovering with vaccination

Sell it down until oversold....probably next week

Plenty of sellers at this level...relax

Wait patiently

Broke 1.10 next 1.00

Make it pe 2

Hopefully below 1.00

Shocking pullback. Eps per QR 2 cents. Annualized 8 cents. PE 8! Fair value 68 cents only

Same mode sell all the way down....jerk up...sell down again

Looks like 1.00 again soon...

Muted response even if forward pe of 3

Lousy. Inconsistent profits

35 to 40 cents would be worth the risk