so many sellers so should be able to get cheaper price in the next few days. No rush to buy today.

41054 done at the opening. Very lucky sellers who are able to sell at these price...

Found these videos regarding Maybulk:

经验之谈: "锚定效应"在基本面分析的实战运用和注意事项（上讲/案例:马国际船务/MISC）
https://www.youtube.com/watch?v=aj1xlKXKVRU

实战案例: 散户运用"锚定效应"在大马散装货运身上容易出现的盲点（下讲/案例: [MAYBULK,5077]）
https://www.youtube.com/watch?v=eQMbPpY1-no

KYY's recent buy calls probably do not help people to earn money so people now do not listen to him any more. In fact, there were people who suggested selling after his buy call. The price of Tomei went down instead of up yesterday. That tells you about his reputation nowadays. Please ask him not to write anything next time. He only makes thing worse.

very good QR but most steel counters are bearish. Better do not buy tomorrow morning. Observe first...

The price is up but momentum is weaker as some technical indicators are down and thus showing divergence. That means we likely will see lower price in the future. Considering it has a very long bull run, I would sell high now If I were you.

For more information, please refer:
https://www.investopedia.com/terms/d/divergence.asp#:~:text=Divergence%20is%20when%20the%20price,moving%20contrary%20to%20other%20data.&text=It%20occurs%20when%20the%20price,higher%20or%20showing%20bullish%20signals

Looks like it is pushed before quarterly result. Congratulations to those who still hold this share!!!

wow yw92712, I think you have a good point! :)

The price is up but momentum is weaker as some technical indicators are down and thus showing divergence. That means we likely will see lower price in the future. If I were you I would sell high now and buy back later at cheaper price.

For more information, please refer:
https://www.investopedia.com/terms/d/divergence.asp#:~:text=Divergence%20is%20when%20the%20price,moving%20contrary%20to%20other%20data.&text=It%20occurs%20when%20the%20price,higher%20or%20showing%20bullish%20signals

this counter behaves very fishy to me. I don't know... maybe big fund wants to force existing investors to sell. Let us see the next few days...

Tomei's quarterly reports are no joke. The last 3 QR is about 9 sen per share, per quarter. At this price, P/E is 4. I think this is the main reason for the price increase.

good day to sell...

Holy... what happened? Why up so much?

Anyway, congratulations to those who own this counter!

Strange... why up so much today?

Anyway, congratulations to those who own this counter!

I did not expect today to be this bad considering what happened to Nasdaq last week. Better avoid tech counters for now as they are pretty weak.

copper is their raw material. Metrod doesn’t own copper mines and they have to buy copper to manufacture copper wires. Cooper price has increased so their cost is higher now. We can not expect they earn like MSC (who operates a mine). We also can not expect they earn like steel counters. Why? If you take a look of the margin of Metrod and Tawin, you will see their margin is really low, as it is less than 1% for the last 5 years (the highest is 3.8% in the last 10 years). In fact, here is what the management told us in the last quarterly report:

"LME copper prices have increased sharply. Credit, commercial and security risks are
expected to remain high due to volatile copper prices and currency and the uncertainties
surrounding weak economic sentiment and forecasts. Margins remain under significant
pressure. The Group is able to manage the copper and exchange exposure due to its
hedging policies."

https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=6149

I just hope people understand what they pay for before they buy this counter. Some people may have bought this counter because of the wrong reason. They may have bought this counter as they notice the price of copper has increased and so they expect their earnings will be excellent. My expectation about their future earnings is pretty low as their cost is higher due to higher copper price and based on their history.

Big fund has started to reduced their stakes since May 5th. Be careful.

according to my software, big funds have reduced their stake since March. Be careful...

good day to sell...

Ta Win to set up Malaysia's first privately-owned electron beam irradiation plant
By NST Business - May 7, 2021 @ 8:21pm

https://www.nst.com.my/business/2021/05/688700/ta-win-set-malaysias-first-privately-owned-electron-beam-irradiation-plant

maybe it is time to sell now... the next few years could be very ugly because of ASP dropping and oversupply

could be ugly when market opens, so we need to plan our action...

Local institutions and foreigners have been buying glove stocks for 2 weeks. If they are not worried about average selling price, we should not be worried. When they buy, we buy. When they sell, we also sell

Not surprising with the selling as it is near resistance level... Also overbought. Local institutions and foreigners have been buying glove stocks the last 2 weeks. Retailers are selling. Are the retailers the winner this time? Will observe for 2 more days and see who wins at the end

if you tell me this is the dirt tricks of KYY, I will not be surprised.

I still like Tawin fundamentally, but technically, my software gave me a short term sell signal 2 weeks ago and long term sell signal last week. I just share what I know. Also, it gapped down 3 consecutive days. It does not look good. To be prudent, I still think it is a better idea for us to sell now and buy back later. Sell high and buy low.

For those who still keep this stock, I suggest another option. Sell high now and buy low later. Glove stock may be a better choice right now.

Well, I will be the first one who admit I may have underestimated this rally. I thought it was too fast to be true... Like KYY, Average Selling Price (ASP) is the only thing that I think about. I ask around and notice that not many are interested in glove stocks this time. Congratulation to those who make the right decision !

Looks like there are not a lot of comments this time. New comments for today is only 1 page long. Maybe there are a lot of people who are sceptical about the uptrend this time. Or there are many retailers who are trapped the last time.

so far the big volume are all selling... my software also signals the trend has become bearish. I sell high and hopefully able to buy low later.

Doesn't look good. To be prudent, maybe we should sell, at least partially. Glove stocks are maybe a better choice now.

The good thing is the exercise price is super attractive. The bad thing is that the number of shares will increase 3 times. Not sure if the big fund will sell or not

be careful, rr88 is right. The price is up but some technical indicators are down and thus showing divergence. That means we likely will see lower price in the future. If I were you I would sell high now and buy back later at cheaper price.

For more information, please refer:
https://www.investopedia.com/terms/d/divergence.asp#:~:text=Divergence%20is%20when%20the%20price,moving%20contrary%20to%20other%20data.&text=It%20occurs%20when%20the%20price,higher%20or%20showing%20bullish%20signals.

We do not have to wait 5 years. We may see progress as early as this year, and definitely in Financial Year 2022. Kindly watch the following video below:

Webinar "TAWIN - EV Power the Way!" with Group Managing Director - Dato Sri' Ngu Tieng Ung, JP and the Managing Director of Cyprium Wire Technology Sdn Bhd - Mr. Justin Wong to share their company background, business performance, as well as their transformation plan and future prospect.

https://www.youtube.com/watch?v=Ie5FxOb0fZs

Posted by masterkevin212 > Mar 23, 2021 10:19 PM | Report Abuse

Summary
1) TAWIN is on full capacity from the order it has as of today.

2) TAWIN current phase one production can cope with at least 50% of all cars in Malaysia if the order is obtained.

3) phase 2 production line is more than 3 times from current it has and it will commence its operation in June or July this years.

4) Global order is increasing from time to time.

5) Automobile will be the key prospect for group.

6) Tawin is looking at profit RM 40m in 2022 taking into consideration of current book order.

7) TAWIN is only one of a few companies in Malaysia obtaining full certification in the automobile industry for supplying hardness cabling especially EV automobile.

8) Transformation of TAWIN from upstream and now to downstream into industry products.

Lastly, boss said TAWIN is under value, but boss didn't say how soon TAWIN will limit up.

I searched in Youtube and I was able to find the webinar arranged by KenTrade on March 23rd.

Webinar "TAWIN - EV Power the Way!" with Group Managing Director - Dato Sri' Ngu Tieng Ung, JP and the Managing Director of Cyprium Wire Technology Sdn Bhd - Mr. Justin Wong to share their company background, business performance, as well as their transformation plan and future prospect.

https://www.youtube.com/watch?v=Ie5FxOb0fZs

Posted by masterkevin212 > Mar 23, 2021 10:19 PM | Report Abuse

Summary
1) TAWIN is on full capacity from the order it has as of today.

2) TAWIN current phase one production can cope with at least 50% of all cars in Malaysia if the order is obtained.

3) phase 2 production line is more than 3 times from current it has and it will commence its operation in June or July this years.

4) Global order is increasing from time to time.

5) Automobile will be the key prospect for group.

6) Tawin is looking at profit RM 40m in 2022 taking into consideration of current book order.

7) TAWIN is only one of a few companies in Malaysia obtaining full certification in the automobile industry for supplying hardness cabling especially EV automobile.

8) Transformation of TAWIN from upstream and now to downstream into industry products.

Lastly, boss said TAWIN is under value, but boss didn't say how soon TAWIN will limit up.

newbie4444, you can find the answer below:

Posted by masterkevin212 > Mar 23, 2021 10:19 PM | Report Abuse

Summary
1) TAWIN is on full capacity from the order it has as of today.

2) TAWIN current phase one production can cope with at least 50% of all cars in Malaysia if the order is obtained.

3) phase 2 production line is more than 3 times from current it has and it will commence its operation in June or July this years.

4) Global order is increasing from time to time.

5) Automobile will be the key prospect for group.

6) Tawin is looking at profit RM 40m in 2022 taking into consideration of current book order.

7) TAWIN is only one of a few companies in Malaysia obtaining full certification in the automobile industry for supplying hardness cabling especially EV automobile.

8) Transformation of TAWIN from upstream and now to downstream into industry products.

Lastly, boss said TAWIN is under value, but boss didn't say how soon TAWIN will limit up.

Tawin manufactures copper wires and copper rods. Copper is their raw material. Apparently the higher price of copper increases the selling price of their products and thus their revenue. However, the higher price of copper also increases their cost of sales. The quarterly result is not surprising.

Just for fun, is it true that the all time high for this stock is RM60?

Anyway, congratulations to those who own this stock :)

China Expanding at Breakneck Speed

I read the report about Top Glove and notice China companies are expanding their capacities at a faster rate...

https://klse.i3investor.com/blogs/kltrader/2021-03-10-story-h1542120193-Top_Glove_ASP_to_Decline_From_Here_Target_Price_Lowered_by_44.jsp

China Expanding at Breakneck Speed

I read the report about Top Glove and notice China companies are expanding their capacities at a faster rate...

https://klse.i3investor.com/blogs/kltrader/2021-03-10-story-h1542120193-Top_Glove_ASP_to_Decline_From_Here_Target_Price_Lowered_by_44.jsp

China Expanding at Breakneck Speed

I read the report about Top Glove and notice China companies are expanding their capacities at a faster rate...

https://klse.i3investor.com/blogs/kltrader/2021-03-10-story-h1542120193-Top_Glove_ASP_to_Decline_From_Here_Target_Price_Lowered_by_44.jsp

the risk is higher than reward... If I were you, I would sell first. Good luck to you guys!

maybe a good day to sell as it already up more than 10%. Good luck to you guys!

technically oversold.... see how

Just notice dividend was announced yesterday. 1.25 sen ex 04 Mar 2021. Good luck to you guys

waiting to go in when break up at 80 sen.
By the way, just notice there is dividend. Ex 22 Feb 2021 meaning you guys must keep at the end of tomorrow

glove? Good luck to you guys!

DY419131, you should have a plan. Maybe you can set your cut loss price at 10%. Do not let a small loss become bigger one. Cutting your losses when you're wrong is important.

"It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." — George Soros

Looks like this is the latest view from CIMB:
https://klse.i3investor.com/blogs/nanyang_stock_expert/2021-01-29-story-h1540218594.jsp

2 good QR. Good luck to you guys!