Agjl
this is based on yesterday’s closing price.
I supposed it’ll be refreshed in a few hours time. Otherwise, can check tomorrow.
https://www.tradingview.com/markets/stocks-malaysia/market-movers-large-cap/

I ask all my friends here to park our money, millions and millions with you at a ‘back to square’ rate of 4.0% per day okay ah?

Come Sideline and back to square as I said this morning
20/11/2020 4:58 PM

Taipan bro, just don’t bother wasting any more time on this troll. It’s not worth our time. Today is about us believers. Let him continue to talk to himself.

The funny thing is that... Do you think they’ll stop fighting just because you pointed it out? Aren’t you doing exactly the same thing that you’re laughing at...?

No offence.

Yu_and_Mee I say only. do you think the price will move to direction after i say out? don't make me laugh again
20/11/2020 1:01 PM

Yu_and_Mee. I don’t think it’s a matter of different opinions. It’s a matter of personal attack and scare tactics.

Kind version:
Guys, I am out at the sideline to observe the movement. Be cautious, there might be more vaccination news coming and I fear it might cause more price pressure.

Their version:
I went to chow kit and saw these fanboys selling their arses for a mere few bucks. Vaccination is here, even those existing demand will evaporate over night and no single human mankind will ever need to use a single glove ever again. You guys can start training your mother, sisters, wife and daughters to sell their butts to cover your losses. Hahaha.


My point is, it’s really not a matter of different opinion. Isn’t it obvious?

Lunch break. Big bosses and general investors who have been busy at work this morning will find out about the green candlestick (+52 cents or +6.7%). They will mostly choose to jump in later. Those who only manage to check at the end of the day, I.e. tonight or over the weekend, will see an even bigger green candlestick and will likely join on Monday first thing in the morning.

Long green candlestick with huge volume, the simplest, purest, strongest buy signal. let’s see how well Supermax do in the 2nd session today.

I hope one year later it doesn’t matter whether one bought at RM 7, or RM 9, or even RM 12. Everyone is winner and made at least 100% return.

Hopefully the momentum sustains throughout the afternoon session.

There’s a downward channel where the price was hanging just below the channel at yesterday’s closing. On the other hand, there’s a mid-term support line derived from the 3 lowest points in June and Sept 2020, intersecting yesterday at the bottom of the downward channel.

Today’s green candlestick is a good sign, first step to many good signs to come hopefully.

To break out from the downward channel, it needs to shoot above RM 9.65. And next if it can shoot above the recent peak of RM 10.90, it should be safe to call it wave 3. Wave 3 is where it goes crazy. Let’s hope that’s how the chart develops going forward.

I still firmly believe that it’d go past RM 20+

staedy unfortunately all my bullet in and avg at 9.7 only, hopefully, can get passes and earn some profit.
20/11/2020 11:50 AM

Uptrend confirmed!

If it breaks RM8.10 then it’s really a comeback.

Hi brothers. Does anyone have homily? I am curious whether this is operators (庄家）. Thanks.

There are many types of assets. It could be receivables (which could turn into bad debt under such climate), the hotels, casino, cruise ships, etc... some things can fetch higher than the book value on the market, some couldn’t be sold for even 10% of the book value.

glovefinish All the banks in Malaysia would not be bankrupt and even genting also would not be bankrupt because genting is holdong cash more than 30 billions rm and its company reserves also more than 30 billion rm and its net asset value is more than Rm 8 pershare which is more than sufficient to overcome this pandemic. Its market price now is about Rm 4 much lower than its net asset value. U can buy genting at dicount now that u spend Rm 4 to buy its net asset more than Rm 8 prr share.
19/11/2020 4:54 PM

Hi friends.

https://www.tradingview.com/markets/stocks-malaysia/market-movers-large-cap/

Based on this Supermax has RM 20.8 Bil market capitalisation as at today closing price. The 30th largest company is around RM 16 Bil. I think the threshold is not RM 7.40. Or did I miss out something?

A genuine question... where is the money flowing today?
The so called ‘recovery theme’ stocks are mostly red...

r88 previously predicted RM 2, now revised to RM 3.44 for Supermax. That’s a 70% upward revision.

I don’t know how much you spent on learning these charting skills.. but if the teacher did not pay you millions instead you paying him/her, I feel sad for you...

EPF doesn’t have Supermax isn’t it.

Exactly what I was going to say, IB’s know nothing about how hospitals / doctors work and sadly they never bothered to do their homework.

When you’re ramping up for vaccination mass production, hospitals on the other hand will do the preparation work, making sure there are sufficient PPE, antiseptic, mask, gloves, etc...

The chart has been really crazy... I have to revise the Elliott wave count based on latest development again. If we’re lucky, this should be the end of wave 2.

Personally, I welcome diverse views and opinions. It’s just their attitude and the way they put it...
They derive joy from people’s suffering, not learning or gain.

700+ stocks in the red today.... Recovery theme ended after just a couple of days?

Taipan bro, just to add on to your number above if you don’t mind.

It’s 8 billion x 2 doses x annually.

I think this is the case. That’s why TG boss collected as the other party threw, then whoever was throwing would be out of the game for good... Once they’re out of bullet, the remaining game is easy to play/push up.

Ibelieve IB mean Ikan Bilis? I'm not sure who's who also.
Maybe they are out of tickets and need you to throw, at cheaper price of course.

Do you know Zhuge Liang's story of "Borrow Enemy's Arrows with Grassboats" (草船借箭)?

You simply shoot out your remaining arrows and they collect them to shoot you back.

Why not keep your arrows and wait for our wiser general's instruction.
15/11/2020 12:57 PM

Let’s take it one step further... With the president powerless at making mask mandatory, could he fair any better with vaccines while already more than 1/3 said they would not take it even if it’s free and FDA-approved.

https://qz.com/1921346/will-the-covid-19-vaccine-be-mandatory/

https://news.gallup.com/poll/317018/one-three-americans-not-covid-vaccine.aspx

You are right. And I especially agree with you on the part that their brains got water. Lol. Unfortunately, most people do no bother to read up... And how the superpowers (Big countries and pharmaceutical companies, media) are politicising and commercialising this pandemic made it worse.

kd88 Those who so naive thought covid 19 will disappear soon can check the history of smallpox. This smallpox took almost 200 years to be eliminated after vaccine come out. Those brain got water one will only think Covid 19 will disappear in 2 month or 2 years
13/11/2020 5:03 PM

We don’t need KYY for it to go up... we need fundamental, and fundamentals are with us...

With vaccine, comes production issue. Even having solved production issue, you can never get enough westerners to be vaccinated. Can’t even get them to wear masks or stay at home, expect everyone of them to receive the jab like obedient lamb..?

Mercator +32 to 534 (+6.37%)
The market is reverting back to pandemic stocks.

Calm, composed and accurate...
Salute.


Astartes klse is lacking in a lot of areas

low market forces
low liquidity
low foreign funds in

thats why it is easily manipulated

simply logic

pe of 18 is very low.
markets always will correct itself sooner or later
no need to be sad or angry. its just the way it is.
markets have ups n downs

notice our klse u can do a huge arbitrage...why? low levels of liquidity and value seeking behaviour...means ppl like to gamble haha

still fret not. gloves are still booked thru end 2021 to mid 2022...

injections of vaccine u still need to wear gloves lo...unless the medical profession allows u to wear socks instead lol

be calm n stay the course if u are convinced. good luck
12/11/2020 5:48 PM

That’s when it’s easiest to push the price up because all weaklings are gone.

RHBIB7 If continues like this, no more retailers and fund managers in Supermax,
then Supermax = dead water
12/11/2020 4:17 PM

AT is crashing for real...

And he thought his RM 10k is a lot... the money I drop while laughing at him also more than that...

Amongst the group of uni friends (Majoring in maths / actuarial), those with worst results who barely passed maths subjects are all in IB’s...

So I would choose to believe business owners who have been dedicated in their fields for decades any day over IB-ers whose only interest is to squeeze ppl’s money unethically...

We are not looking at a short burst of profit surge of over 2-4 quarters. It will be for at least another 2-3 years.

Only ppl living in the cave would think that 3 years down the road there’s a reversion to the past of not using gloves... it’s about increased health / hygiene awareness.

We’re not talking about the average grab drivers who deliver food. We’re talking about those in medical field, it moves like technology, there’s no cutting down on safety. It only goes one direction.

In the short term, price doesn’t reflect its value. Over long term, it does.

When the EPS continue to grow to 40/50 cents per quarter, the annualized EPS is RM 1.60-2.00. PE become 5+ at this price. If the PE can be sustained at this low level even after inclusion into KLCI index then I let you win lo.

GiantPanda...

don’t get angry over them... it’s not worth it.
It’s their choice to enter and exit, enter and exit.
That’s fine, but they are also selfish to hope that the price will go as low as possible when they re-enter.. that’s just the nature of their narcissistic characters.

Supermax at this minute has a market capitalisation of RM 23+ bil, ranked no. 21 largest in Bursa. In comparison, no. 30 has RM 15 bil market cap, in other words it is going to enter KLCI.

This is about as low as it could get looking at the previous SBB price range. Generally, if you’re the boss, If it’s just a mere 10-20% undervaluation, you won’t be bothered with SBB... They’re buying because it’s deeply undervalued, like more than 50% undervalued.

It’s still just USD 24 cents per glove. I wouldn’t be bothered if I was hospitalised, I wonder why those naysayers would think that anyone would want to cut down on usage just because there’s a potential vaccine. Risk your life for USD 48 cents (a pair)... their brains entered water...

GiantPanda https://us.vwr.com/store/catalog/product.jsp?product_id=13688249


Supermax Aurelia gloves up 9% against Oct selling price. Latex gloves up by almost 3 folds!!!

No sign of ASP slowing down.
12/11/2020 9:07 AM

Last 18 minutes before closing, let’s see how much ground they can cover... RM 9.20?

Edwin... I suppose you’re TA group but there’re people who does FA. What is your problem here forcing ppl to agree with you? Are they investing their own money or yours?

Lol. I love your response.

Agjl EdwinYap...thanks for your advise. Its very kind of u. On behalf of everyone here, i say a big thank u to u. Apprecaite your concern. We will seriously look into your suggestion.. i m not sure of others but i m holding pre bonus 4plus....so i think i will take my chance....thanks buddy. Wish u all the best migrating out of glove and into your next green pasture. Cheers!
11/11/2020 1:55 PM

Warn3r If you’re talking about turning invasive surgeries into keyhole day surgeries, yes a lot of ppl will do it. If you’re talking about medical advancement that save tens of thousands per procedure, yes a lot of ppl will do it.

Now we’re solving a non-existent problem, RM 2 per pair of gloves... WHO, hospitals, doctors and patients all do not favour reusing gloves... only the Manufacturer syiok sendiri...

There’re also home distillery tools that allow ppl to recycle pee water into drinkable water... It’s green, it saves money but why nobody rushes to get it...?
11/11/2020 1:17 PM

@ToneeFa my money is all here. Lol.
I try my best not to goreng,

The discussion was mostly on technical grounds. Now if we also look at business / commercial ground, gloves are really cheap relative to everything else on a medical bill.

Would you be bothered with a few ringgit on the bill as a patient? Would you risk legal cases (in case sterilization was not performed properly) as the management of the hospital? Will you be bothered when so much is happening now AND nobody else is moving into that direction anyway?

Sien. Maybe Supermax should do a 1 to 100 split, turn into 9 cent per share. Then goreng back to 90 cents. All those loss making companies with no asset, no expertise and no experience, just have a ‘plan’ to enter already up a few folds...

Now got 51 mil reported COVID cases world wide. As it is now, we’re in shortage of gloves until at least 2023. “As it is now” = working on people with and suspected with COVID...

With vaccination, which will take many years to produce to cover world population, and ideally should involve everyone. The impact is world population x 2 sets of glove minimum x annually, on top of what is needed now...

By the way, the current world population is 7.8 billion...

If you’re familiar with the pharmaceutical scene, then it’d not come as a surprise that Pfizer has a long history of unethical practices in conducting business... Google yourself....

I just hope that they didn’t cook the result up about the effectiveness and not hiding any side effects.