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2021-06-18 08:50 | Report Abuse
Need to close above 5.13 to maintain 5th str8 green week..stay strong GenT warriors!
2021-06-17 22:10 | Report Abuse
Biggest risk is CBP ban..alrdy see (-) effects on TG..mybe can limit down when that happens
2021-06-17 19:35 | Report Abuse
“Excerpts from FT:
———————————
“The CBP told FT it was in talks with TG, adding these types of orders were only lifted when there was proof forced labor was no longer used”
“TG’s Lim said the US ban was temporary but analysts do not see it being lifted until the end of the year”
2021-06-17 18:41 | Report Abuse
Aiyoo 3.90 quite far alrdy but still not bad less than 10% paper loss
Mybe can try sell ’off market transaction’ to bullrun/danny/sinojab/uplanet, their personal TP very high 6-7
2021-06-17 17:07 | Report Abuse
Daily low, yearly low..tomorrow gap down - last day klci kickout
2021-06-17 16:25 | Report Abuse
Today volume quite nice but all sell volume..going lower
When know Monday got funds selling (klci kickout), ofcos sell 1st before them
2021-06-17 15:50 | Report Abuse
Tomorrow last day in KLCI!! More sellers in the market
2021-06-17 15:35 | Report Abuse
UK covid hosp only 1K+ (peak 39K in Jan), average daily death @ 9
Even UK cases up, its not translating into higher hosp/deaths b’coz vulnerable group protected by vacc..most cases now only flu-like symptoms
2021-06-17 15:23 | Report Abuse
Future fundamentals getting weak..price jump from 65 sen to 12++ & now on the way back down
Mid/long term needs to go much2 lower
2021-06-17 15:13 | Report Abuse
Strong sell pressure, no buyers..question now traders willing to release at what price (cutloss point)
P/s: TG entering 4.5x level soon
2021-06-17 15:03 | Report Abuse
No need fearmonger about UK..their covid hosp very2 low
2021-06-17 14:59 | Report Abuse
Many waiting for technical rebound to sell..but will it rebound or str8 down to 3.5
2021-06-17 14:39 | Report Abuse
No one wants to buy company with lower ASP/profits at high price
2021-06-17 13:58 | Report Abuse
Glovers desperately trying to hype up gloves but unsuccessful..dare to goreng, prepare to get burned
2021-06-17 13:21 | Report Abuse
Major glove market US/UK/EU doing great..no need fearmonger things in afrika
2021-06-17 13:06 | Report Abuse
TG no spot orders anymore..clearly not selling well alrdy..even got order cancellations
2021-06-17 12:58 | Report Abuse
Seems some take opportunity to topup..nice2
2021-06-17 12:52 | Report Abuse
Halftime show slow & steady crawl to 3.0
2021-06-17 12:27 | Report Abuse
Danny Aiyoyo all my arguments so far is FA (low ASP/demand/oversupply/profit projection etc)
Havent said anything about TA yet (downtrending, below 50/200 day moving average etc)
Ur ‘hope analysis’ nonsense only..whatever hope u have, just keep to urself..market doesnt move based on ‘hope’
2021-06-17 12:01 | Report Abuse
Danny If u invest blindly follow local IB TP 6-7, u’ll be eaten up alive by sharks..when every qr got TP downgrade, how can u trust their current TP aiyoyo
Ur nonsense really next level
2021-06-17 11:38 | Report Abuse
Danny So far i see u full of nonsense only..just hopeful - no data to support at all
2021-06-17 11:36 | Report Abuse
Aiyoo JPM not interested to manipulate MY small fishmarket lol
Even local IB..see TG TP from 10-8-6-now 4++..nxt qr local IBs another downgrade TP 3++
2021-06-17 11:21 | Report Abuse
For now, based on mgmt guidance, market pricing-in ‘LOWER’ ASP/profits
Eventually when biz environment becomes clearer, market will be pricing-in ‘LOWEST’ future ASP/profit
Thats when bloodbath starts
2021-06-17 11:19 | Report Abuse
JPM target 2023 TG profit 670Mil annually - Supermx sure make less than that
If Supermx even gets 500Mil (optimistic) profit annually in 2023, then 2023 forward EPS 19 sen
PE 5-10 gives share price 95 sen-rm1.9
2021-06-17 10:59 | Report Abuse
ASP alrdy falling 30%, will be back to prepandemic level faster than expected
Local IB TP can throw in toilet bowl, every qr got downgrade..want professional TP, follow JPM TG TP 3.5 since last year never change
Local IB every qr downgrade TP same like misleading investors..if in US like JPM, sure diu alrdy
2021-06-17 10:41 | Report Abuse
1) Info from MARGMA:
2018 - 12Bil shortage (shares 50 sen)
2019 - 40Bil shortage (shares 65 sen)
2020 - 100Bil shortage
2021 - expected shortage 80Bil
Glove shortage/ASP alrdy starting to fall
2) Global demand 2022 480Bil
MY production 2022 320Bil
IntCo production 2022 130Bil
2022 glove shortage 30Bil - even less than 2019 shortage 40Bil..havent include production from EU/Thai
3) Summary: With lower shortage in 2022 than 2019, only logical ASP return to pre-pandemic level
2021-06-17 10:29 | Report Abuse
ASP back to prepandemic level = profit prepandemic level = share price prepandemic level (65 sen)..simple logic
2021-06-17 10:20 | Report Abuse
Slow & steady crawl to 3.0 by year end..nxt year target below 2.0
2021-06-16 23:22 | Report Abuse
Supporters dont be soo bitter..just wait & see what tomorrow brings
Still got 1.5 months to plan exit b4 next qr out (waterfall time)
2021-06-16 21:36 | Report Abuse
Tonee Director sure didnt panic sell or need money..mybe he sell & want buy back 1/2 price nxt yr
He very smart sell high 3.75..today never get that price alrdy
2021-06-16 21:13 | Report Abuse
Company dont have cash for shareholders anymore
3.6Bil alrdy set aside for US factory/capex + 300Mil used to pay last qr div 13sen (3.9Bil cash all gone alrdy)
2021-06-16 21:09 | Report Abuse
What fairytale..see to believe nxt yr
2021-06-16 20:58 | Report Abuse
Supermx position now same as pre-pandemic..no cash, just got 2x production capacity
So share price should be prepandemic price?? Simple
2021-06-16 20:36 | Report Abuse
Latest notice director DISPOSE, not transfer..smart man sell while still high
2021-06-16 20:24 | Report Abuse
These glovers regret alrdy didnt sell gloves high in May & transfer to GenT when low 4.5
Now have to sell gloves low & see if got chance enter GenT low
2021-06-16 20:08 | Report Abuse
Aiyoo director also run..mybe he know whats coming next qr
2021-06-16 20:07 | Report Abuse
Yupee U got xtra money to buy other stocks meh?? Thought u stuck in gloves until next 100 yrs
2021-06-16 19:05 | Report Abuse
Dont be soo rush to drown..if want burn money soo fast, go goreng dataprep
Both also same result lose money..difference only faster or slower
2021-06-16 18:35 | Report Abuse
Dont rush to drown soo fast..will definitely see below 3 by year end
2021-06-16 17:00 | Report Abuse
Another yearly low (repeat this sentence quite alot this week)
Still got potential for lower thursday/friday
Stock: [SUPERMX]: SUPERMAX CORPORATION BHD
2021-06-18 09:05 | Report Abuse
Last day in klci..let the show begin