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2021-01-21 16:37 | Report Abuse
Stock price won't go up much if just rely on company good quarter result and nobody monitor push it.
2021-01-21 16:34 | Report Abuse
No hot money to chase and no big players or bankerchips to push it, how to have big rebound stock price alone can't go up must have someones to monitor push it.
2021-01-21 16:30 | Report Abuse
According to chart analysis if it drops below the support level $6 to $6.20, it would drop back to about $5.50 the turning point for recent rebound.
2021-01-21 16:21 | Report Abuse
It seems this kind of dropping little little slowly day by day don't have any big rebound not suitable to play short-term too easily be trapped.
2021-01-21 16:17 | Report Abuse
During the recent rebound to about $7.50, those sold for profit taking or cut loss are smart but those continue buying to top up at that time trapped again.
2021-01-21 16:06 | Report Abuse
Little little drop day by day won't have rebound.
2021-01-21 11:21 | Report Abuse
Why u all so much care for the price movement doesn't matter how much it drops since u love glove stocks so much every day talking about its good and prepare to hold it tight tight for long-term.
2021-01-21 11:14 | Report Abuse
Don't worry, I am making great money from my portfolio that bought at very low price at its bottom part.
2021-01-21 11:06 | Report Abuse
After the super bull usually followed by a long term down trend because many retailers trapped in it formed a lot of selling pressure and price resistance at its different high levels that difficult to monitor push up the price. This is why no big players come back to goreng the counters just finished its super bull. This not only happens in glove counters it happens in all other counters also.
2021-01-21 10:50 | Report Abuse
Because of many retailers trapped in it waiting to sell after its super bull since beginning of last year, high selling pressure and a lot of price resistance at its high level that big players or bankerchips find difficult to monitor and manipulate to push up the price. Once the price pushed up many trapped retailers would sell off to them. Thus big players or bankerchips don't come back to goreng the glove counters now.
They may come back after a long time when the counters cooled down most of the retailers disappear very low trading volume over a substantial period and have certain issues raised up favourable for speculation.
2021-01-21 10:32 | Report Abuse
Don't expect to have big rebound to fly high as the price now drops slowly gradually day by day which doesn't lead to big rebound. Only with the deep and large drop may lead to rebound but still can't fly high because it's down trend a lot of retailers trapped at high price waiting to sell. It would be large selling pressure once the price goes up. A lot of price resistance at its high level.
2021-01-21 10:21 | Report Abuse
U don't sell now never mind just hold it tight tight for your self even it's losing money but those funds holding it would sell ahead of u when the pandemic really come to the end or under control later. U can't sell now because trapped at high price don't want to cut loss. Then your loss would be bigger and bigger.
2021-01-21 09:52 | Report Abuse
It might currently swing between $5 to $6 plus, then might drop below $5 to between $3 to $4 when vaccines found effectively control the pandemic come to the end. Very slim chance for up trend now.
2021-01-21 09:30 | Report Abuse
Only the retailers trading with low volume. No show.
2021-01-21 09:25 | Report Abuse
Bearish, stagnant, no momentum, can't fly.
2021-01-20 22:59 | Report Abuse
Why u all so scared of the short selling. It suppose to be good and benefit to u because u can top up at cheaper price to average down your portfolio cost. Then u can hold your loving glove stocks tight tight as long-term investment until next new pandemic come even though supermx to be bearish stagnant at low price level after the short selling.
2021-01-20 22:48 | Report Abuse
The significant and continuous price rising of stocks must have hot money, short term funds and big players play roles in speculation can't only rely on its company good fundamentals alone.
2021-01-20 22:38 | Report Abuse
All talking about the greater demand for gloves and the coming super quarter result of supermx. All these don't have much effect for pushing up the stock price if no hot money and big players involved in its speculation and only the retailers purchase.
According to homily chart analysis, all glove counters including supermx now mainly involve retailers trading but no hot money and big players involved in speculation. Without their speculation to push up the price, supermx can't go up much and to be stagnant at current price level or further drop when its excellent quarter result out later and even the gloves demand being greater.
2021-01-20 16:39 | Report Abuse
Short sellers would buy to cover back the short sold number of shares quietly slowly without pushing up the price let u to sell. Be smart thinking not like small boy thinking. Many already trapped at high price in glove counters, lack of hot money in stock market and big players don't come back to goreng the glove counters, people no intention to buy glove stocks now because can't make money from its bearish stagnant down trend.
2021-01-20 16:24 | Report Abuse
With many call warrants to expire soon and RSS pressing down later IDSS coming, big players are smart won't be back to glove counters to collect the tickets sold by short sellers and trapped retailers. Big players are the ones who trapped the retailers at high price won't come back to push up the price again to rescue them. All glove counters including supermx would be bearish stagnant down trend until pandemic over or under control the bull may be back in next new pandemic. Hold it tight tight as long-term investment.
2021-01-20 15:47 | Report Abuse
Remember the super bull in glove counters at beginning of last year highly involved the speculation by hot money, short term funds and big players pushed up the stock price to very high level as all the investors focused on glove counters and tech counters only at that time during MCO 1.0. However, no speculation and low trading volume now how supermx can fly with its excellent quarter result alone. Logically think it, don't dream, wake up.
2021-01-20 15:30 | Report Abuse
Majority 90% investors doing short term speculation to make money in klse without seeing company fundamentals they either listen to news follow market trend or refer to chart analysis, only minority 10% investors focus on company good fundamentals to hope for better dividend return and stock price increase.
Even company fundamentals are excellent still need short term speculation involve the majority 90% comprised of hot money, short term funds and big players to goreng push up the price otherwise the stock price can't go up much.
Thus in the absence of hot money, short term funds and big players as the majority for speculation in glove counters now especially supermx and only have all the trapped retailers as the minority like u focus on company good fundamentals in it, just logically think how supermx can fly now just rely on its good fundamentals without speculation by the majority.
2021-01-20 12:54 | Report Abuse
Glove stocks down not because of only one person kyy. Without kyy, glove stocks still in down trend for the consensus of whole stock market and majority of investors.
2021-01-20 10:10 | Report Abuse
Another point of difference in glove counters between MCO 1.0 and MCO 2.0:
No retailers trapped in glove counters as its bull running during MCO 1.0 but a lot of retailers trapped in glove counters after its super bull over during MCO 2.0. With many trapped retailers in it, big players don't come back to goreng push up the price let the trapped ones to sell, they find difficult to monitor and manipulate as the trapped ones will sell to them and less investors will chase high to buy now for the alert and fear of being trapped during MCO 2.0.
2021-01-20 09:41 | Report Abuse
Most people and funds don't care for its super profit now because within expectation no surprise no stimulus for buying they more care for the sustainablility of its super profit when pandemic over or under control later. Thus when its quarter result out later it still can't fly even may further drop being manipulated pressed down by RSS and ibs as its call warrants to expire soon.
2021-01-20 09:27 | Report Abuse
During MCO 1.0 at beginning of 2020, glove counters in super bull up trend but it turned into bear down trend during MCO 2.0 now. That's the main difference, why?
1. During MCO 1.0, all the hot money, big players and funds moved from other counters to concentrate on glove counters and tech counters led to super bull up trend of glove counters. During MCO 2.0, they moved out from glove counters spread into other counters led to bear down trend of glove counters.
2. No vaccines yet during MCO 1.0 but got vaccines available to control pandemic during MCO 2.0. With the availability of vaccines, people seeing the pandemic will finally to the end with recovery coming, they changed the play theme from pandemic beneficiaries glove counters to vaccines related and recovery counters.
3. The call warrants on glove stocks not yet expire during MCO 1.0 but many expire and their mother glove shares price is manipulated pressed down by the warrant issuers ibs led to the down trend of glove counters during MCO 2.0.
4. RSS was banned during MCO 1.0 but its ban lifted up led to heavy short selling of glove counters with IDSS coming soon to accelerate its down trend during MCO 2.0.
5. Most investors and funds foreseen the great demand for gloves and super profit of glove companies chased high to buy glove stocks led to its super bull during MCO 1.0. However during MCO 2.0, they are in doubt of the sustainablility of glove companies super profit and foreseen its super profit decline from the peak later when pandemic over or under control. Thus glove counters are sold down, unwanted and abandoned by investors and funds during MCO 2.0.
2021-01-19 17:53 | Report Abuse
Lock down MCO 2.0 now is different from the previous lock down MCO 1.0 because MCO 2.0 now not favourable to glove counters which are no bull, being bearish down trend, no hot money no big players, only all the retailers trapped in it. So u all talk much about lock down here would be useless and hopeless it won't bring another bull to glove counters.
2021-01-19 17:36 | Report Abuse
Don't believe much and too optimistic about the target price set by ibs. Remember last year most of the ibs set very high target price for glove stocks induced a lot of retailers chased to buy at high price like many of u bought supermx at $8 to $10 at which u all taught very cheap and undervalued compared to its target price finally now the high target price set by ibs seem not achievable and its market price dropped to nearly $6 which u may think now more cheaper induce u to buy some more eventually u be trapped a lot as market price might drop further down later until your whole capital trapped.
Furthermore the target price can be revised downwards by ibs when they see company profit tends to decline from its peak later.
2021-01-19 16:58 | Report Abuse
Don't mistaken what priced in is its current super profit but its future profit back to normal not yet priced in. If to price in its future profit back to normal , the price would drop deeply to lower level.
2021-01-19 16:49 | Report Abuse
Just logically think now company having super profit it can't fly anymore, how would it be if company's profit declines from its peak back to normal profit as pandemic under control by vaccines or come to the end may be after one or two years later. Sure its price would drop deeply to very low level as no more super profit back to normal.
2021-01-19 16:42 | Report Abuse
The more u buy now the more u be trapped if no bull back and the price can't go up much and continue drop gradually from now onwards until pandemic really under control by vaccines later, then price would definitely drop deeply to very low level possible $5, $4 and $3 if pandemic really come to under control or the end later. U can see now is dropping no signal of going up much again even the company now having super profit expected to further increase.
2021-01-19 16:28 | Report Abuse
Why vaccination need gloves or not becomes a hot issue here, it's actually no effect on glove stocks price because people and funds won't take it as a key factor to consider for glove stocks investment. Whether they can make money or not from glove stock counters now become the key factor for them to consider want to invest or not.
2021-01-19 16:16 | Report Abuse
If people and funds really appreciate its excellent quarter result they won't sell will hold it tight tight like u then price won't drop but now they are selling to pull down the price. This means excellent quarter result can't attract them, they never bother it.
2021-01-19 16:06 | Report Abuse
Even with excellent quarter result, glove stocks now are unwanted and abandoned by most investors and big players because they know a lot of retailers trapped in it difficult for them to monitor and manipulate. They know if they come back to goreng push up the price a lot of trapped ones would sell off to them and they would be the last ones to collect the tickets furthermore less investors chase high to buy from them.
2021-01-19 15:57 | Report Abuse
Stock is very funny when u hoping it to go up it would down always go against your wish especially bearish in down trend.
2021-01-19 15:53 | Report Abuse
Good quarter result can't stimulate people to buy, it won't fly high when quarter result out. If people and funds really want to buy just because of its good quarter result they will buy now as it's dropping no need to wait until quarter result out. People and funds are smart now won't chase high to buy as it's down trend. Thus it can't fly high if people and funds don't chase high.
2021-01-19 13:06 | Report Abuse
Let time to present it just wait to see whether it can fly or not when the quarter result out.
2021-01-19 13:03 | Report Abuse
90% investors in klse doing shot term speculation to make money they don't really care for the company financial results even it's excellent, only 10% investors in klse like u focus on company good fundamentals for the stock price up.
2021-01-19 12:57 | Report Abuse
No need to argue just wait to see let time to present it.
2021-01-19 12:50 | Report Abuse
Continue talking about quarter result and asking when quarter result out. Even quarter result is out to be excellent, it's within people expectation no surprise, won't stimulate people to buy and supermx price won't go up much.
Supermx can't fly when its quarter result out because big players know supermx is full of trapped retailers waiting to sell that they won't come back to goreng push up the price let the trapped ones to sell. Big players are smart won't be back as the last ones to collect tickets sold by the trapped ones as the game of musical chair come to the end.
Without big players and hot money, only all the trapped retailers in it, supermx would be bearish stagnant at current price level or may further drop, can't fly even its quarter result out and excellent.
Those who are trapped might have no chance to release it and have to keep for long term until next new pandemic come. Be ready for that.
2021-01-19 12:28 | Report Abuse
Keep on asking when RSS buy back. Don't worry short sellers buy to cover back the short sold number of shares quietly slowly without pushing up the price that u not realise. So don't expect the price goes up much as they buy back. May be they are buying back now.
2021-01-19 09:27 | Report Abuse
Bearish and stagnant, no more super power can't fly.
2021-01-18 11:20 | Report Abuse
Short sellers are ibs having huge funds and smart with expertise and skills to manipulate short selling. They unlikely and seldom to make loss they always make great money, u as retailers with limited bullets can't fight with them. They can manipulate to cover back the short sold number of shares quietly slowly at lower price that u not realise. Even though u don't sell hold it tight tight but u would see others selling in the market which is out of your control. U no super power to influence the market.
2021-01-18 11:07 | Report Abuse
Its previous bull at beginning of last year was led by the majority speculation (90%) and the minority (10%) who are too optimistic focus on company super profit and fundamentals. Now no more speculation only left the minority (10%) still crazy and get drunk with company fundamentals hoping it to fly but it doesn't fly, so desperate.
Supermx price can't rise much just based on company good fundamentals without speculation by hot money and big players. This is why it's no bull in down trend now.
2021-01-18 10:48 | Report Abuse
Don't expect and don't say $9, it even can't steadly stand above $7.
2021-01-18 10:43 | Report Abuse
All glove counters including supermx are stagnant at current price level can't go up much and possible to drop further down. Don't expect it to fly.
2021-01-18 10:37 | Report Abuse
Supermx already lost its super power can't fly high. People don't chase high to buy now because they know its super cycle already over no more bull and it's now long term down trend.
Without hot money and big players, full of trapped retailers in it would be no bull, price can't rise much. Big players know a lot of retailers trapped in all glove counters including supermx waiting to sell off, thus they won't come back to goreng push up the price let the trapped ones to sell. Big players are smart they know glove stocks wonderful show to the end, thus they won't come back as the last ones to collect tickets sold by the trapped ones.
Its coming good quarter result and even vaccinations need gloves can't attract people to buy because all these within people expectation, no surprise and no stimulus, it can't fly.
2021-01-15 15:41 | Report Abuse
Ibelieve, don't worry I won't be fish because I did its bottom fishing bought very low price at its bottom part now still enjoying the profit.
Stock: [SUPERMX]: SUPERMAX CORPORATION BHD
2021-01-21 16:51 | Report Abuse
Stock market operates with speculation and manipulation and not purely based on company fundamentals financial results. Speculation and manipulation can push up the stock price of a company which have poor financial results lead to its bull and also can pull down the stock price of a good performance company lead to its bear.