The more u buy now the more u be trapped at high price because it's down trend with some minor rebound according to the candlestick chart and homily chart that can derive from Google and YouTube. U would find the current price high when compared to the price after pandemic over.

If u really want to buy glove stocks including supermx for long-term investment, u should not buy now but wait for the pandemic over and its price drops to a attractive low level then buy and hold it for long-term until the next new pandemic come with bull again. After pandemic over, it would come back to normal without bull or may be with some rebound once a while especially at the time when its company announce financial results because it would be very cold, nobody would look at it after pandemic over just like what had happened on all glove stocks the price remained at very low level after H1N1 pandemic over last time.

People don't look at the further increase of its super profit because it is already within expectation but more focus on its down trend of profit in future after the pandemic over. People and funds buy it now have to consider its high risk and possibility of profit down trend after pandemic over even though its post-pandemic profit still higher than pre-pandemic level. Funds and big players know if they come back now to goreng push up the price, those trapped ones would take opportunity to sell and difficult to attract people to buy as many alert of its possibility of post-pandemic profit down trend.

The pre-pandemic price of supermx is about RM1 to RM2 that also pre-bonus issue. Now the price is RM7.57 that already halved after bonus issue, its price should be RM7.57 x2 = RM15.14 which is much higher than pre-pandemic price.

The future profit of glove companies would definitely drop to a lower level from the peak now after the pandemic over,the glove stock price would definitely drop to lower level compared to its peak now. Remember the super profit is due to pandemic, it won't have any super profit even though it's future profit may be higher than pre-pandemic level.

Don't keep glove stocks as long-term investment for number of years and u should sell off all in this one or two years 2021 till 2022 because it has high risk and high possibility drop severely to much lower level when WHO announce the pandemic come to end or under control like what had happened for previous pandemic H1N1. It would be the same for this pandemic, don't believe it can be different from previous one because this is stock market manipulated and dominated by hot money, funds, big players and sharks but not by retailers. Retailers are just the followers can not influence the market.

Don't believe the target price set for the stock. It might be manipulated by ibs, they can revise the target price just to be favourable for themselves or other big players to act in market. Buy and sell the stocks based on your own projection and research.

This is why never believe ibs. All ibs are sharks either they themselves are the big players in market or getting benefits from some other big players to release news favourable for the big players to sell stocks. When they say good about the company prospect and its profit, set higher and higher target price for the stock, u should sell and run, don't go to buy. When they say something negative about the company, u should do research on the company and then make your own decision to buy or not.

Same thing already happened for glove stocks. At beginning of this year, most people foreseen glove companies are going to make super profit due to pandemic, people who bought glove stocks at low price at that time already made good profit but people bought it at high price and be trapped in it losing money when come to reality now glove companies declared their super profit.

For stock investment to make money, u should buy stock at beginning when most people foreseen its company making loss now would recover to have profit again in future because at that time the stock price is still low that u can buy it at low price. When the company come to reality to have profit again, its stock price already increased to a high level that u should sell it to make good money from stock price difference. By this way, u would buy at low and sell at high for profit. This should be the rules of investment for u to make money. If u go against it that refuse to buy the stock at low price because u see its company still making loss and don't foreseen its future and then chase to buy it at high price when its company come to reality recover profit again, u would always lose money in stock investment. Remember when u see company already recovered to be good, its stock price already went up to high level. The stock price is still low when its company is still in bad situation not recover yet but foreseen to recover good in future. This why the hot money, big players and sharks move their funds into recovery counters now.

Yes no doubt all glove companies are making good profit and good money now but all these have been reflected in current glove stock price which would not go up much and would be stagnant at current level with minor rebound sometimes because there are no hot money, big players or short-term funds in it and even currently big players are selling off glove stocks shift their funds into recovery counters follow the trend. For any rebound would be short because the price would be pressed down by big players' and sharks' selling. In this down trend situation, all glove stock holders can not make money from stock price difference and the most can only get its dividend even though the glove companies are making super profit. The dividend received can not compensate your losing money. Only people follow the trend can make good money and people go opposite from the trend would always lose money. For stock investment, the stock can let u to make good money would be the good stock and the stock can not let u to make money or lead u to have loss would be bad stock regardless the company makes good profit or not. Furthermore, stock market always forseen the future and not look at current things already happened or happening now. Stock price would always go up when foreseen the things expected to be good and then would drop when things come to reality. Those companies now making loss are foreseen to have profit again upon the economy recovery in future, thus hot money and big players move their funds to recovery counters and the glove companies now making super profit are foreseen no more super profit and it would go back to normal profit in future after the pandemic over, thus hot money and big players' funds move out from glove sector that causing glove stock price drop and no more bull.

warrenG, I think u are the new investor just come in market, don't know the dividend won't be so fast to credit into your account immediately after the entitlement date. It needs some time to process. Wait, don't hurry, it would be entitled to u.

Don't be so optimistic about the projected or estimated figures of world demand for glove after the pandemic over. It is just the projection or forecast made for future that subject to changes, not necessarily come to reality. It may increase to be higher than pre-pandemic level but may not be so high as projected. Furthermore, the glove supply would definitely increase a lot due to the entrance of new producers and current production expansion.

Don't forget the bonus issue of one to one already halved the supermx price. Thus, its current price RM7.75 should be multiplied by two that RM7.75 x 2 = RM15. With RM15 compared to its pre-pandemic price of RM1 plus already rose by 10 times (1000%) or even more than that. It is not cheap and has high possibility to drop lower in this down trend especially after one or two years when WHO announce the pandemic come to end or under control.

Big players and sharks know a lot of retailers trapped in glove stocks in the bull just over and the glove stock fever is still there, not cold yet, many trapped ones waiting to release their stocks at this time, they won't be so stupid to come back now even in this one or two years to goreng it to let the trapped ones to sell and they collect. Usually after the big bull as already just over, stocks would take a long time may be after one or two years or even a number of years to have the next bull but at that time the pandemic can be over come to the end that no more show again.

Thus, glove stocks can not be long-term investment for number of years, it only be invested within this one or two years during the pandemic. When the pandemic come to the end or under control as announced by WHO, people and funds would sell off it because its price would drop severely due to no more super profit to support its price and only the normal profit to be for glove companies, furthermore glove asp, company profit and its target price would be revised downwards by ibs after one or two years when the pandemic over.

If no more bull within next year and even the year after until 2022, supermx price is possible to drop back to its previous bottom price around RM1 to RM2 because its number of shares flow in the market is doubled after the bonus issue of one to one and furthermore people and funds holding glove stocks might sell off after one or two years when WHO announce the pandemic come to end. Remember last time when WHO announced H1N1 pandemic come to end, all the glove stocks price dropped severely to its bottom level including supermx price dropped to RM1 pluss only.

How much the super profit to be earned by glove companies in 2021 are within people expectation nothing surprise, it won't be the stimulus for big players and sharks to come back. Only when the glove stock price drop very severely and significantly to an attractive low level after a long time when it becomes cold and no more heat, then they may come back to goreng from its bottom. No body especially big players and sharks look at how much the company super profit of 2021.

Increase one day then drop back to almost the original level on next day. Do u think the bull coming? Big players and sharks are not picking up stocks instead they are selling. They pushed up the price yesterday and today morning then sell off today afternoon. All the glove stocks grazy and stubborn lovers go to accept what the big players threw as they think cheap but big players think expensive after rose so much from RM1 plus regardless its company's surper profit. Big players don't see how much the company earning but would only see how much they have earned from the stock price difference. The more u buy the more u trapped. Good luck.

Since the big players and funds don't want to come back to glove counters, doesn't matter u all guys the glove stock grazy lovers go to put all your money to buy it push up the price make the bull yourself, shiok shiok sendiri.

Without hot money, big players and funds it it, only the retailers are playing as the chart from google and YouTube indicated all the glove counters including supermx are mainly supported by retailers but the big players are selling off their stocks, thus the stock price would not go up much and it would be pressed down after the rebound. This is why it is in down trend and no bull.

As I already said according to chart that derived from google and YouTube all glove counters including supermx are in down trend now with some minor rebound in between like what happened yesterday. Don't expect the bull will come back, it might be bearish if still continue to drop below certain level.

Top glove already made use most of its year 2020 earnings for its share buy back. Its bank balance being less and less.

The major boss of top glove is also the major shareholder and a member of directors in Tropicana, thus he used his influence power to make use the fund of Tropicana to buy back top glove shares because top glove itself is lack of fund for it's share buy back.

Ya, I bought CIMB at $3.20 and Genting at $3.10,continue to pump more in it to push up the price for all good.

Since u guys love it so much, prepare to put more and more bullets even all of your money in it. Good luck.

It is in down trend with some minor rebound in between. The more u buy would be the more u trapp in it. Good luck for u all.

As I said already supermx price would drop today during the ex-date of dividend. This always happens for any stock during its ex-date of dividend or bonus issue.

Tomorrow is the ex-date for dividend, usually during and after the ex-date, stock price would drop, thus supermx price would drop and don't expect to go up tomorrow. Furthermore, all the glove stocks' price are in down trend now based on the chart that can derive from Google and YouTube. If have, only the minor technical rebound but no bull on it. All the glove stocks now are bearish. EPF released and sold top glove stock into open market to reduce its holding of glove stocks by foreseen the drop of its earnings pershare causing the change from super profit to normal profit in future. Actually, now is the peak for glove companies' earnings. After the peak, it is followed by the downward trend of earnings after one or two years when the pandemic over as the glove demand drop from the peak, its oversupply resulted from the production expansion and entrance of new producers, the increase of material costs and the drop of its asp for price competition. There might be slight increase of glove demand post-pandemic compared to pre-pandemic but its increase of demand would be off set by the increase of supply due to the production expansion and entrance of more and more new producers in the industry which would not lead to increase of asp that would definitely drop from its peak now to a lower level after the pandemic. U just check how much the glove companies' earnings pre-pandemic and their earnings now during pandemic, its super increase of profit and its peak now is just because of pandemic pushed up it's demand and asp. When the pandemic over after one or two years, it's demand and asp would definitely drop to a level lower than now and may be slightly higher than pre-pandemic. Subsequently, it's stock price post-pandemic would definitely drop to a level lower than now and may be slightly higher than pre-pandemic.

Do u hope the vaccine not successful then all people including u have to live in such bad situation of world in which u all have to wear masks all the time, can not go out for touring and all the time stay at home to be so boring? Or maybe the economy is so bad that many people including u subject to risk of being unemployed, being infected by covid-19. This is what u hope lah. U don't want the world to recover better, is it?

Sure the bank profit like the public bank profit would be higher than supermx profit after pandemic when the economy recover. Look into long-term future and not the current time if u really want to have long-term investment.

If u really want to have supermx glove stock for long-term investment, u should sell off all when its price rebound to a higher level like at RM9 and then wait to buy it back at lower price after the pandemic over. It is difficult to reach it's target price if the hot money and big players do not come back at current price level because they might find the glove stock price at current level is not attractive for them to make profit compared to other counters, furthermore they also consider there are still a lot of retailers trapped at high price waiting to release their stocks. Some more, supermx stock is now mainly held by retailers who are waiting to sell, do u think the big players are so stupid come back now to push up the price to let u all to sell and run and they pick up your selling stocks?

All the forecast and estimates of earnings pershare and the target price of supermx provided by ibs subject to changes and revision from time to time based on the change in business environment like the future glove supply and demand in the world after the pandemic over, the change in materials cost, the change in its asp, the government tax policy, the entrance of new producers and the manipulation by ibs and any uncertainty or unexpected things to happen in future. The super profit earned by all the glove companies including supermx now or may be until year 2022 mainly due to the pandemic and it is not forever like the earnings of banks and the profit of glove companies is not sustainable at such high level after one or two years when the pandemic over. The forseen profit drop in future may lead the ibs for the revision of glove companies' earning pershare, its PE ratio and its target price to lower level later. Thus, the glove stocks should be sold off in this one or two years while they still earning super profit. The glove stock price would definitely drop to lower level after one or two years when the pandemic over because it's target price would be revised downwards due to the above stated.

Only the hot money may come back to goreng the glove counters but it may only happen when most retail holders panic sold off their glove stocks to make the stock price drop severely to a very low attractive level. I don't think the hot money and big players will come back at current price level because they know a lot of retail holders trapped in high price waiting to release their stocks. Thus, the big players would not be so stupid come back now to push up the price let the trapped ones to sell at high price. This is why always when u holding the stocks hope for the price to be up, the stock price is down but after u sold off it, the stock price is up.

The inclusion in klse would be no stimulus effect on supermx price because the funds already have glove stock holding in hartalega and top glove which are included in klse index too and furthermore there are quota for holding glove stocks in funds. The funds would not increase the glove stock holding quota because they foreseen the increase of raw materials cost by 70% would definitely increase the glove production cost and reduce its profit margin due to the entrance of more and more new producers and production expansion that push up the demand for raw materials. If the funds foreseen all these would cause the glove companies no more super profit to support it's current stock price and it would go back to normal profit that would cause the glove stock to be overvalued and the stock price possible to drop further in future some time later after the pandemic over, do u think the funds are so stupid to increase the glove stock holding quota?

Usually the stock price would drop one or two days prior and post the x-date of dividend entitlement. This is the reason why supermx drops today.

Better sell off it when it's price rebound and then buy back it at lower price to reduce your investment cost when the price drops back if u really want to keep it for long-term. Otherwise, u would always make losing investment.

Those who have been trapped in high price don't want to cut loss would always say keep it for long-term investment. When the stock price drops further to a lower level that would make your said long-term investment losing money that unable to be recovered by dividend received even though the company pays dividend.

https://www.reuters.com/article/uk-health-coronavirus-britain-vaccine-idUSKBN28C0OU

UK approves Pfizer-BioNTech COVID-19 vaccine in world first | Ar

U all guys are very stubborn and too confident. Don't want to accept the reality and just blind to fall love in glove stock, go opposite from the market trend. Always think about the high glove demand , the high asp and the super profit which already happened or happening now which people, big players and most funds already didn't focus. U all guys are still in dreaming of the past hoping the glove stock bull happened in the past will come back. Let u all guys live in the dream waiting and keep on waiting for it until everything is over and come to the end of pandemic that the glove stock price drop lower and lower then u wake up rush to sell off to cut loss. People who buy share opposed from the market trend would always lose money. U all only think and say something good about the glove stock with all the good reasons to make yourself happy and confident by ignoring the market trend and reality. OK, let u all happy happy for yourself first and then regret and cry later.

Stock market price only responds to the foreseen future events just like the earlier period people foreseen the glove companies's profit would increase to a super level due to pandemic that induced people,big players and funds to buy glove stocks. However, the stock market price does not respond to the event already happened or happening now just like the glove companies are now getting super profit but it's stock price is stagnant and even drop because the super profit of glove company is already known and expected by all people which is no surprise that doesn't induce people to buy it. Furthermore, those already bought it previously with the expectation of super profit are now selling off their glove stocks for profit taking. Some more, the glove stock price previously increased a lot because all the big players and funds moved out from all other sectors went into the glove sector that pushed up the glove stock price but now some big players and funds withdrew their funds from glove sector go back to the original sectors they invest to expect the recovery coming due to the discovery of vaccines.

Company's business result is no more the stock price driving factor because it is expected by all people. Thus, don't hope the stock price will go up much as the quarter result come out. The glove stock price is now driven by market sentiment. Any bad news of the glove companies or any good news of vaccines would cause the glove stock price drop further.

No big rise in supermx price. It's stagnant at this current level : only up by 2% to 3% then drop back. Keep it for yourself for long term.

What happened on top glove may and can happen on other glove companies where the forreign labour in these glove companies may be infected by covid-19. Thus, the covif-19 tests would be carried on in all the factories including glove factories. This is worried by the big players and funds which are now selling off their holding to exit from glove counters. Thus, the glove stock price may not able to go up much and may be in down trend. All u prepare to keep the stocks for yourselve for long term.

U all go to search for some stock analysis softwares from YouTube or google. It shows to u most big players are selling off their glove stock and only retail minor investors are buying. Thus, the glove stock price is stagnant or drop further. Without big players buying, how the price will go up? Unless u all minor buyers have such power to push up the price.

who is kyy,do u know? He is the person from certain ib to give u all the confidence to hold and buy the stock to support the price so that the ib can easily sell off their stocks to manipulate it's issued warrants. Once they finish selling off for warrant manipulation after the expired date,they may say different thing to u.

If u all guys really hope the big players come back to glove counters, u all should pray and hope the glove stock price drop severely to a very low level that may attract the big players and funds come back for the cheap stocks for short-term rebound. Otherwise, they would not come back to pick up the stocks that they sold at this current price. That means at this current price they sold off they would not buy. If they want this current price, Why they are now selling off?

U all guys don't be so pessimistic for the world in which u are living. U all guys do not want the world to become better, u all like to live with mask on all the time and just stay at home all the time can not go out for touring. May be one day u may be unemployed or your business being affected by the pandemic if it still continue and no end. Do u really like to live in this kind of bad situation? U all just hope the world situation become worse and worse that favourable to the glove stock price increase to allow u all can sell your glove stock at higher price to make profit. Even u can make profit from glove stock but it is meaningless for u because u need to live this kind of worse situation in world.

I did not chase high for genting. I bought 30 lots genting at averaged price $3.10 and 30 lots CIMB at averaged price $3.20.