It may take 2-3 days to see if 40 sen can hold or not. Price may drop below 40 sen in these 2-3 days.

40 sen is the highest closing price in many many years. Existing shareholders should be happy!

share price was stagnant for a month while other stocks went up. Some of us might have sold during this time. Congratulations to those who still keep this share!

its share price is still higher than pre-pandemic level. Sellers/Potential sellers are those who bought it cheap last year and still profitable even if they sell now.

if this trend continue, 50 sen may not survive...

at this price... limited upside and lots of downside. The risk/reward is just not very nice. Also this Bonus Issue is too much. The share price does not move after the announcement is also a bad sign

when news that there is a better solution than a vaccine (such as a drug) will be available, the share prices of glove stocks may drop again

sure, you can keep your glove shares, but the better strategy is probably sell now and buy back later at cheaper price

the bonus issue could be the end of a great thing

Benhobenhobenho, please look at Harta and Kossan. Their prices are close to pre-pandemic prices. Besides, now we have to worry about overcapacity and price war. I think it is better to be prudent to sell now

if existing shareholders sell now, they can buy back 2 share instead of owning 1 if the share price drops below RM1

Keyman188, thank you for keeping track of the target price!

I still suggest existing shareholders to sell high now, and buy back later. The revenue/profit will be lower and lower in the next 2 years. Pre-pandemic price is below RM1. There are still room to drop. Better do not get stuck.

heading towards the price before the pandemic -- below RM1. Let us see if it happens in the next 1-2 years

for example,
if I expect SCOPE to announce better revenue/profit next year, I will buy now because the company will worth more in the future
if I expect SCOPE to announce worse revenue/profit next year, I will sell or not buy now

hopeflly 55 sen is the lowest

LohNewbie, think about glove stocks. Their share prices peak around August last year. Some investors started to sell even though the revenue/profit did not peak yet (companies still announced increasing revenue/profit). These investors was concerned about the average selling price to go back to normal, months before it actually happened. Investors need to think about future revenue/profit.

those who sold the last 2 weeks probably bought back their shares early morning. Luckily the share price does not go up a lot so it is still not too late to buy them back... I guess it is more difficult now to wait it drops to 30 sen.

unfortunately record daily volume also can not push the share price more than a few sen. The operator just want to sell, not push the share. There is no need to buy share that can not perform.

I ask the following question in MNRB forum but no response. Maybe someone here is able to help:

for an insurance company, the problem is usually the motor claims. Do insurance companies benefited from lockdown as there are less motor theft? Could someone in the general insurance industry please enlighten us?

is the director MR LEE SENG THYE the founder of this company?

for an insurance company, the problem is usually the motor claims. Do insurance companies benefited from lockdown as there are less motor theft? Could someone in the general insurance industry please enlighten us?

30 sen would be nice, but my gut feeling is that it is not going to be easy to drop that far... Wish us luck!

I feel like there are people trapped at high price bought during last week. This counter usually do not have much buying and selling queue... If these people rush to sell, its share price may drop below recent low of 53 sen.

selling queue is higher than last week. Trapped? Better sell before these people sell

for short term trade, I would suggest you sell when its share price is above RM6, and buy back when it drops below RM6. To me, any rebound is a sell because this has been happening again and again.

volume is the highest daily volume in just 30 minutes of trade. Hmm...

monitoring to see if share price can convincingly break its all time high...

share price is very close to recent high, but this time the volume is 2 times higher. Congratulations to those who still keep this stock !!!

no wonder... I felt like there was some selling since last week while so many other stocks went up. Good thing is that this director does not have any shares left to sell.

When the US market went up earlier this year, our market went down. Therefore, it is possible that when the US market goes down, our market will be up. Besides, even if this external factor is important, what EUPE is doing at company level is also important. Look at India stock index, it is at its all time high. Jakarta stock index also recovers nicely. Is it now our Malaysia market's turn to shine?

Just read ICAP's (ICAPITAL.BIZ BERHAD) latest quarterly report and noticed that it owns a small amount of EUPE share -- 100,000 units. It is a new purchase because EUPE did not appear in the previous quarterly report.

"Separately, auto supplier Aptiv (APTV 160.15, -4.97, -3.0%) lowered its FY21 revenue guidance by about $1 billion amid the ongoing chip shortage..."

from Briefing.com

I believe we should be able to buy below RM6, so there is no need to buy above RM6. it is definitely possible to buy below RM5, especially if there is over-capacity in the industry.

people expected AHEALTH would get the benefit when the pandemic started. Unfortunately its revenue and profit have been so-so for 6 quarters. Disappointed. it will not surprise me if its share price is going back to the price before the pandemic.

IPO price RM0.68? Interesting. Will research later this weekend...

see see first. This counter usually does not have many buyers and sellers. The volume is so high yesterday. If people want to sell, where to find buyers if the big buyer disappears?

this piece of news include the production, average selling price, net profit projection for the next 3 years:

https://www.enanyang.my/财经新闻/等均价触30美元关口-手套大客料购买缓跌势

this piece of news include the production, average selling price, net profit projection for the next 3 years:

https://www.enanyang.my/财经新闻/等均价触30美元关口-手套大客料购买缓跌势

very strange volume. Normally daily volume is less than 500 lots, and the buy and sell queues are extremely low. Now volume is almost 190000 lots within 20 minutes since the opening but the price hardly moves. Lousy operator.

Just read its annual report. Found something interesting...

"The launch of Est8 @ Seputeh, our biggest and most ambitious project to date in KL"

if you keep glove stocks now, you may have to suffer for at least the next 2 years. Revenue and profit should see year-over-year decline. I think it is better to buy other stocks first, then buy it back later

Really need akuantiguru's help to bring down the share price to below 35 sen...

volume is so high.. lots of people already run first

good day to sell

volume today is quite high, already more than volume yesterday with half day to go

【马股分析】全球疫苗接种加速！未来手套ASP 将会继续下跌？！Top Glove 将何去何从！[English CC]

https://www.youtube.com/watch?v=b1pAtRrM96s

for those keep saying the good things about glove stocks, you have ZERO credibility. Since when you have helped existing shareholders to make money??? If what you say is true, why the share price keep dropping? Share price has dropped so much, investors have been losing money listening to you and we are no where near the end of this downtrend.

If you have glove stocks now, better sell. When you look back in a few months time, you will thank these people who are willing to buy your shares at RM2.70 now. You should feel fortunate!!! We have already been told ASP will be normalised in the next few months. Better run of course!

when the market is good, the share prices of glove stocks drop. When the market is bad, the share prices of glove stocks also drop. How to make money like this?