hahahah now i collect back. goldentriangle back to make noise already.

Lucky i sold when goldentriangle went quiet lol.

USDMYR 4.46. we're almost there. i shouldnt be happy though... since we are actually getting poorer everyday.

goldentriangle is quiet now. maybe it is time to sell. hahahahahaha.

rubberlover, they are quoting 4.44 onshore. same as what we see on our fx charts. so no discrepancy there. So lack of share price movement is mostly due to weaker fundamentals compared to last year.

I'm just waiting for goldentriangle to disappear from the forum so i can start selling topglove. Usually thats what happens. They'll come and ask you to sell... then price goes up... then they ask you to sell. Then when they disappear... the stock goes down. So i'm just waiting for you to disappear for a day or two, goldentriangle :D

goldentriangle. YOU ARE THE OPERATOR. lol. gotta be blind to not see that. I can't imagine a normal person going around copy+paste how DXY and US market is doing and asking people to sell and stuff lol.

But anyway rubberlover, the glove sector is very much different than it was 1 year ago. This year the industry underwent a price war as you can see from declining margins. Stock market also has less liquidity as people are pulling money out of the stock market. So we can say that both the company fundamentally and the overall macro for the equity market is weaker than it was last year. This is most likely the major reason the share price does not reflect last year's share price at this currency level.

i will ask my banker friend what they are quoting on onshore rate and come back here.

usdmyr 4.45. broke resistance. heading to 4.47. then the SKY

toto.. the acquirer's share price will usually go down. Not good for TG.

So if you want me to stop buying then leave this forum :D

goldentriangle. do you have fundamental to back up what you're saying? or are you just saying what you want? You make people wonder what your true intentions are. I doubt you are here just to help people. I'm sure you have better things to do. Anyway, the longer you are the here the longer i will accumulate.

he's part of operators i guess. So if there is someone like him asking you to sell. You will know that the share price will go up soon. Haha. At least it boosts my confidence to buy more. Thanks goldentriangle!

USDMYR 3.80 is definitely impossible for our country now. We are in a much worst state than 1 year ago. Best case is also USDMYR 4.20.

Well we'll have to wait and see how USDMYR close today. It is not certain yet. So don't panic and believe 100% what goldentriangle is saying.

Fundamentally, i believe the strengthening in ringgit is due to speculation that November-end OPEC meeting will be fruitful and they will come to an agreement to curtail supply, given the strength in oil these past 2 trading days.

usdmyr 4.39, just started a downtrend.

USDMYR is about to break another resistance to head to 4.47. Goldentriangle wants you to sell to him hahaha. fear mongers everywhere. Such a cruel world.

Just doing what goldentriangle is doing. see how he like it. hahahaha.

US Dollar index 101.20 (-0.30) (-0.21%)
US Dollar rebound liao~ !
So, if haven't join the train, buy on the dip!

Hahah Magneto so jealous he can't contain his jealousy that he never join the train. Anyway i stick to my view that USDMYR will be 4.50 by year-end. Then TG will see RM6.00-levels again. Merry Christmas to you all :)

looks like everyone except goldentriangle will be laughing to the bank :D

USDMYR 4.80 is next year bigbull. i also not expecting 4.80 end of this year.

Looks like market agrees with me. Macquarie just adjusted their year-end USDMYR forecast from 4.40 to 4.50. But to me if it breaks 4.47 we will easily head to 4.80.

Dxy just broke all time high. Looks like we're heading to 4.80 ringgit

Lol. Sell to who? You? Hahahaha. Fear mongers. Looking at usdmyr chart we are heading to 4.47.

4.47 is the next destination. After that sky is the limit.

Ringgit strong again to 3.80? I wish you knew how bad our economy really is. We are more likely to hit 4.80 than 3.80 lol. Oh well... You snooze you lose.

friday panic buy, now panic sell ;D

ya. means import more from other asian countries. good times.

he say import less from china only hahaha. we are not china fortunately.

no more volume already. capped by fears of capital control.

FX impact can be scene immediately in the quarter though. every 1% depreciation is 20% increase in profits.

good time for other people to accumulate :)

Yea no more fx trading for today. So nothing to push tg up further

malaysia capital control liao.

http://www.straitstimes.com/asia/se-asia/malaysias-central-bank-severely-curtails-ringgit-trading-after-jump-in-overnight-rates

we shall see

InvestoSifu. you are wrong again. always wrong hahaha

calvin speaks the truth. UniCc thinking too small.

lol are people still playing this stock? hahahaha. so many guys stuck here forever i feel sad for them

POS MALAYSIA BERHAD (POSM MK, Buy, TP from MYR 4.85 to MYR 5.58, Ahmad Maghfur Usman - NSM): Upgrading earnings on tariff surge
Action: Early postal tariff hike for courier prompts earnings upgrades. Over the weekend, the postal rates for POSM's courier arm, Pos Laju, were revised upwards, effective from 15 October. This is the first revision since 1986. Being conservative, we believe the increase will take effect in a blended manner, with an around 12% impact from 15 October, which implies a blended rate increase of 5% / 6% in FY17F / FY18F. We expect a top-line increment of 1.4%/3.0%/2.9% in FY17F/F18F/19F which consequently would trickle down to a 18.9%/31.9%/29.6% rise in our earnings estimates. Hence, we raise our SOTP-based TP to MYR5.58 from MYR4.85. Catalyst: Another round of rate hikes for regulated mail in the offing? As highlighted on page 103 of our recent Anchor Report , Pos Malaysia is waiting for an increase in postal tariffs (the quantum remains unknown).

new high. monday even higher.

CIMB's call warrant C6 is only 10% premium left. if over, then they lose money. Thats why TP so low.

with this ringgit should easily head to 4.30 against USD. Prospects looking good!

nope. bonus issue is retrospective. so they are all already adjusted in all the reporting.

ringgit on track back to 4.40 against USD

sell on what news? it wasnt even good news. LOL fahmi.

cimb takut because their c6 only 10% premium hahahahhahaha.