TG recovered to close slightly higher while Kossan, Harta and Supermax ended lower. The big picture in the short term has changed following the FOMC statement last night. As was said this morning, my opinion is that the short term outlook on the sector is riskier now. Longer term valuations remain attractive but i suspect it would probably be safer to wait until the big picture is clearer.

The Fed was more dovish than expected about future rate hikes and so this morning we are seeing the US$ weakening. Ringgit now strong at 4.0776 after weakening to 4.17 last night, very choppy. Short term outlook is more uncertain now. Fundamentals remain good at these levels for the longer term.

Good morning guys! The Fed was more dovish than expected about future rate hikes and so this morning we are seeing the US$ weakening. Ringgit now strong at 4.0776 after weakening to 4.17 last night, very choppy. Again we see the impact and therefore the need to keep an eye on the big picture. Traders in gloves, especially those sitting on gains in the sector leaders, should take note of the more uncertain short term outlook now. Fundamentals, however, remain good but that is in the longer term.

As expected, TG corrected in the afternoon session after announcing results as short term traders exited. TG;s results weren't fantastic but I think its also shows that the fundamentals of the glove sector remains intact despite the stronger ringgit since beginning of the year. That is probably why Harta and Kossan remained in the green while Supermax held up well despite the rebound yesterday. Those who bought the sector leaders in gloves from last Thursday when the rebound started would be sitting on good gains. Keep eye on big picture - FOMC announcements tomorrow.

As expected there was selling pressure in the afternoon session after the results as short term traders exited. Longer term fundamentals remain strong and I think the current weakness may be a good opportunity to buy for investors willing to hold.

ringgit back to 4.1427, fairly steady for now.

Wah rebounded from 5.17. HOpe it continues.

No need to quarrel, this is open forum, let everyone have their say.

you are entitled to your opinion, let others have their opinion too.

Has anyone noticed both Harta and Kossan still green?

Maybe those who want price to go down, don't want people to be say positive on stock?

Has anyone noticed both Harta and Kossan still green?

Good then no worries who call buy or who calls sell. No one can control price anyway.

also selfish to call sell when want to collect lower.

I just share opinion, up to everyone to decide for themselves. So many people call buy, so many people call sell.

I am actually see good buying on TG at lower levels already. Selling quite well absorbed. If selling exhausted soon, price may recover before closing and that can help sentiment on sector. Not game over for gloves yet I think.

I actually see good buying at lower levels already. Selling quite well absorbed. If selling exhausted soon, price may recover before closing, I hope.

TG results not really good but largely expected I believe. Anticipate some weakness in TG in the afternoon and that won't be good for rest of sector. Hope more longer term buyers come out to support glove stocks, especially the bigger players, because these levels good if can hold.

Results weaker q-o-q expected due partly to stronger ringgit. Also, there could be some seasonality involved in that quarter since it was over the year end and CNY. Nevertheless, there will always be some people selling on announcement, so some weakness in the afternoon can be expected. I believe these are still attractive levels for longer term investors.

Supermax is a bit different from other glove stocks. it has very little institutional support. Therefore, its share price movement is often driven less by fundamentals and market but it is more affected by "other factors".

As expected, glove stocks continued to do well. Most are well above Thursday's levels and should be sitting on good profits. The rebound on gloves is likely to continue as long as the macro picture stays positive. So need to keep eye on big picture - TG results today and FOMC policy statement expected Thursday night. Supermax down 1 sen after playing catch up yesterday, it will continue to be a laggard but can't be too far behind if other glove stocks continued to rise. As usual, make you own decisions and don't follow anyone blindly.

Doubt it, don't think TG is looking at that type of size, they are looking at much smaller.

Good start, all glove stocks green. Hope it continues.

Good morning The One, you really into Supermax yah? Hehe. Hope the best for you and all of us!. Bro,

Strong pull back in the afternoon yesterday. Could be due to rumours about the results today but i suspect a lower q-o-q results due to stronger US$ is already largely in the price. At these levels, the stock is attractive for longer term investors. If Top Glove rebounds this morning, it will improve sentiment on the whole glove sector. The weaker ringgit overnight, now at 4.1446, may help short term sentiment on exporters.

Good morning guys! US markets mixed, oil prices down, ringgit weaker. All these got to a lot to do with the FOMC meeting which started last night. So keep eye on big picture. Yesterday there was strong selling in the afternoon for Top Glove. If TG rebounds this morning, then the positive momentum on gloves, including Supermax, could likely continue. These levels for gloves stocks should be attractive for the longer term investors. Short term predictions are difficult to get right but i believe the rebound on gloves since last Thursday is still intact. As usual be careful and have a good trading day!

Top Glove (TG) rose sharply this morning and this help sentiment on glove sector this morning. The sharp reversal in the afternoon for TG was quite shocking and might be due to some news/rumours, maybe on its results tomorrow. Fortunately, Supermax closed with good gains since it has been a laggard so far. My feeling is that the game is not over for gloves, largely because the macro picture is quite positive short term. Let''s hope tomorrow will be a better day.

KLCI and regional bourses also down. Apparently markets disappointed BOJ didn't announce any additional stimulus. Keep eye on big picture.

Sudden ringgit weakness to 4.1418 but choppy, direction not clear.

Goodness, the profit taking or sell down was unbelievable - fast and furious, very sharp.

ringgit at 4.1227, slightly weaker but volatile so direction unclear. There is selling on Top Glove now. Maybe results tomorrow not good? Thought that was expected already, Not sure what's happening.

The One, OK, whole bursa, misunderstood what u said.

Foreign funds usually not interested in this counter. Often they are more interested in the market leaders.

I think so too but must be patient, Timing more difficult than the other gloves stocks. Hehe

The One, just my thoughts. If agree ok, if don't, then just ignore. Actually I don't think its PE should be close to peers. Got several reasons (not just politics) why Supermax should trade at a discount to peers. But should not be too far behind. So if all gloves move up strongly, eventually Supermax will be pushed up too as a laggard. That is why I suggested moving to TG and Kossan first.

See continued buying on gloves especially Top Glove. Expect (or rather hope) to see rotational interests to laggard supermax. At these levels, gloves still attractive for longer term investors. Short term sentiment still looks good. If didn't buy market leaders on Thursday, maybe you might be missting the boat! (no one know, make your own decisions).

Smart Investor, my fault you kena, you were just replying to my question on can one and supermax.

Some times the brakes as well as the buys are fakes. Hehe

Ok, will look at Canone too, thanks

Readers can check the historical comments. See who started harassing first and who is merely fighting back in self defense. The historical comments don't lie.

CanOne got story selling its condensed milk business yah? Still can ah? On Supermax, just thinking out loud, maybe top glove better than Supermax which is often disappointing?

Learn to accept and respect other people comments lah. You make yours and other people make theirs. They have as much right to this open forum as you all. Why need to fight everyday? We are all here to make money only. Think of big picture. Chill.

Can share, what other counters good?

Wah, you bullish lah. Good i hope so too but always good to be careful a bit on Supermax as its share price very difficult to predict sometimes.

Thanks for reposting my early Jan comments. It shows from early Jan this year I was already short term negative on Supermax and true enough, Supermax fell from about 3.40 down to about 2.60 recently. Not a bad call I think. Hope it helped readers avoid losses over the last few months. The person who reposted my comments must be one of my fans/followers. Thanks again. Hehe

KLCI down slightly and market breadth quite neutral. Ringgit steady at 4.1241. So far sentiment on gloves this morning still positive, Hope it stays good for the rest of day.

See continued buying interest in Top Glove especially. Hope that will lift sentiment on whole sector. Ringgit quite steady at 4.1241. Keep eye on big picture. Market awaiting BOJ announcements.

Most glove stocks well above Thursday levels and rising. Start with market leaders first then rotate to laggards. Don't miss the boat! (just my thoughts, don't follow anyone blindly) Hehe

Wah the dishonest group of people are back to harass. Hehe. As expected lah. Let them expose themselves.

Hope you bought some gloves on Thursday already. Keep eye on big picture.

Also nice that this morning so far everyone can make comments on this thread without anyone harassing them, hope it stays that way! Hehe