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.

The recovery stock prices are not high now. Many of them are still lower than prior to pandemic level. The recovery is anticipated and when it happens in next year that most of the companies' profit go back to prior pandemic lever, those companies much affected by the pandemic would have their stock price go up and the ibs would raise up these stock target price.

The game is led by ibs and big players, u all minor investors are just the followers. U all can't do anything to influence the market sentiment. U all have to accept it.

The target price proposed by ibs is not permanent it subjects to change. The high tsrget price set by them now is no doubt supported by the companies'super profit and it has the motive for the manupulation of their issued warrant also. They set high target price just to give u a hope that the price can go up further so that all the minor investors like u all continue to hold to buy the stocks that make them easy to sell off to manipulate their issued warrants. Once all these ibs finish their tasks of selling and warrant manipulation after the warrant expire dates over and at that time the vaccine come out well control the spread of virus and the pandemic situation improved to anticipate the supper profit of glove companies going to end and come back to normal profit,these ibs will revise the target price to lower level. Then, this would lead to the further drop of glove stock price.

The selling of glove stocks by big players and ibs can be detected from some softwares searched via youtube.

The glove stock price would not go up and it would continue to be stagnant at current price or drop further because all the big players are selling off to clear their glove stock holding as well as all the ibs are doing so for the manipulation of their issued warrants on the glove stocks. Thus, don't hope the glove stock price will go up now. What u can do now is to keep on buying at lower and lower price and keep them for yourselves over a long period of time until the next new virus come in the next pandemic.

I have bought 30 lots genting averaged price at about RM3.10 and also 30 lots CIMB averaged price at RM3.20 and some others like gamuda, DRB in this pandemic waiting to make profit. My portfolio this time amounted to RM300000.

I am not new investor. I invested on stock during financial crisis in Year 1997 and 1998 and made a huge profit of more than two hundred thousand rm with stock portfolio amounted to hundred thousand rm.

The covid-19 infection cases already increased so high in all parts of the world including our country Malaysia, USA and Europe at the time now with the good news of expected high EPS and super profit of glove companies, the glove stock price suppose to rise much but it does not rise and furthermore drop a lot. Why? It must be something wrong. Is it?

You can search from some stock analysis softwares via youtube that show most big players sold off their glove stocks to run away from all the glove counters including top glove, supermax, kossan and hartalega.

What the funds and big players care for is the glove company super profit is going to end and would go back to normal profit after next year when the pandemic over. Their super profit is not sustainable after next year.

It is meaningless to look and to talk about the EPS of glove company because the its high EPS and its super profit are all already expected and known by all funds and big players. These are all within their expectation and they would not come back to glove stocks just because of these.

All the glove stock price would definitely drop very much below current price due to lower glove demand, higher glove supply, lower asp and lower company profit (no super profit, only normal profit) after the pandemic over. Thus, glove stocks u bought at current price not suitable for long term investment. If u really want to keep glove stocks as long term investment, u should sell off all your glove stocks now at high price and then wait for the price drop to a much lower level to buy back.

It is meaningless for long term investment in glove stocks to collect its dividend if the price of stocks u bought dropped very much below the price u bought. Then u are making lossing investment. We invest for earning money and not for lossing money. We should be flexible in making investment, not to be stubund, and try not to fall love in particular stocks if u think it can not let u to make money and profit.

Furthermore, there was bonus issue of supermax and top glove which would definitely increase the stock quantity and the stock supply in market that would make the stop price drop a lot when the funds and big players sold off.

The company buy back stocks would only can support and stablelize the price, try not to let the stock price drop severely but it would push up the price to let u sell off. The company require u all to help holding the stocks to stablelize the price. However if most funds and all the big players sold off their stocks, can the company support the price by only 10 percent stock buy back (the maximum allowed)?

Whether the vaccination need gloves or not, it does not give any effect on the glove stock price. Mainly, the glove demand would definitely drop, the glove supply would definitely increase due to the producton expansion and the entry of new manufacturers which would cause the glove price asp drop consequently reduce company profit when the pandemic over. All these are expected and forseen by funds and big players. Thus, they would not come back to glove counters. Even though some come back, only for day trading (buy at low and sell at high on the same day) when the stock price drops deeply like today happening. This would not push up the price to very high level because the stock price would drop again when these big players finished sold off their stocks on the same day. Thus, I said the glove stock price would stagnant at current price or drop further.

Don't dream, wake up. Funds and big investors know most small investors like you all holding glove stocks waiting to sell off. They would not be so stupid come back to push up the price to let you all to sell. All funds and big players have software to see the particular stock holding situation. They know all glove stocks holding by minor holders from the software waiting to sell at higher price. Thus, they would not be back to glove stocks. Furthermore, they know they can not hold glove stocks until next year and they need to clear all the glove stocks soon and early and can not wait until last minute next year.

Although supermax price may not drop to $1.50,the price prior to pandemic but it would not be able to stand at current price and it would further drop much below current price which is supported by super profit. After pandemic ended, the glove demand would definitely drop and the glove asp would drop that would reduce it's company profit to normal level which can not support its current price. All glove stock price including supermax would definitely drop. It would be hot anymore because most of the funds and big investors try to sell off glove stocks to reduce it's holding start from now prior to the end of pandemic because they forseen glove stock price would be stagnant or further drop. Stock market price would only respond to those unexpected events and forseen future. Those expected events and those are happening now would not affect the stock price. It means stock price would not respond to the expected super profit happening to the glove companies now and furthermore this super profit information already publicly known and digested by all the investors. Now the investment trend go back to recovery stocks like bank and genting stocks because investors foreseen the economy recovery coming soon after the vaccine come soon start from beginning of next year. Thus, the recovery stock price goes up to in response to foreseen the economy recovery.

Those who are still holding glove stock would be tied with these counters and your money put in would be burned because these stock price will only stagnant at current price that supported by its companies or will drop further at the time now and even in next year until the pandemic over. These glove counters would not be hot any more
and would be forgotten by people after the pandemic over. These glove stock price currently is supported by its company's super profit. However,it would be no more supper profit and would be back to normal profit after one year when the pandemic over. Then, the price would drop further because of no supper profit to support and u would be tied inside until next new pandemic to come.