@bang_miskin I can totally relate with you on the timing! Then again, how many people can successfully time the market?

And never go ALL IN!

Days like this I question if I'm doing the right thing buying on the way down.. but it's not like I've not done this before and profited when the price rebounded.. the most recent being Sept and Oct. I managed to sell many of my Sept purchases in Oct and collected enough money (capital plus gains) to buy again on days like today...because I knew that end Oct will be like this, I actively sold any stock that's already in profit even blue chips like Tenaga - sold at 10.5+ and buying back now. Still, the down down down movement makes me jittery and I don't know if I should stop buying or keep doing what I feel is right. I also think that it's days like this when it feels like doom and gloom that it will proof to be the right time to buy. The heart has to be strong that's all. And use only spare cash that's meant to be kept in FD.

Yes you are right. I'm sorry.. I hate having to stoop to their level too. :P

Posted by Jonemy > Oct 28, 2021 4:00 PM | Report Abuse

Those who does not favor in TG should leave this forum and diam, if you guys have any personal issue should take it out among your private chat instead of putting negative words on each other and damaging TG here. Cursing the glove makers and shareholder bankruptcy will not do good to you, as you also mentioned karma. Glove maker is not the cause of Covid virus, just like money is not the cause of crime.

We should seriously stop all these attacking each others and share good advise. When you are attacking ppl, your advises also become rubbish by the readers.

You also J mah.... dumbo!! hahahahahaha!!

Congrats to those who sold this morning! Really teruk lah these Karim stocks.

Hahaha.. Coward, I understand you must be so sad you cannot get RM177,000 from me. Too bad lor, that's the price you pay for talking crap without proof. HAHA! Pls learn your lesson... be a better boy lor. Otherwise next time you lose even more. :P

gloves red, but Esceramic so green!

OMG worse than pulling teeth!

tut tut.. haha.. Paktua, you bring some cheer on this gloomy day. :)

Yay! Bought at 0.395 yesterday. Hopefully yesterday was the bottom of the second higher low

@Ular, Top Glove cleared by CBP also kena whacked. See what I mean? This market makes so little sense. Bought more at 2.60-2.63 today.

Disappointing. Sold all 300 lots for 2% profit. Better put the money elsewhere. Gonna buy back if this drops to 2.02 or below.

whatever you do, just remember to set your stop loss.

@bang_miskin Top Glove cleared by CBP.. share price also falling like mad. Glove as a sector has to do well for prices to go up. It's not like one kena banned by CBP, stay red, while the others will shoot up in price. The fact is one gets banned, the whole sector gets affected. I sincerely hope we are nearing or at the bottom already.

money can earn back.. totally not worth to lose sleep over this stock. You can always buy back when/ if everything's in the clear.

Posted by magicjoel91 > Oct 28, 2021 12:39 PM | Report Abuse

Sold all yesterday and lost 60%, could have lost more if late to sell

Be careful ya.. after digesting SCIB’s situation today plus Serba’s ongoing suspension, it will be this counter’s turn seeing more selldown tomorrow. After buying at 0.705, selling at 0.805, I bought back again at 0.71 last week and on the same day sold at 0.695 because I had a bad gut feeling about it… and the rest is history. You’ll need all the luck if you’re still holding this stock. So, good luck!

steel big drop ah? Karma loh....

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3204219

Posted by Noni > Oct 27, 2021 7:25 PM | Report Abuse

Posted by InterFund® > Oct 27, 2021 6:20 PM | Report Abuse

Karim playing game................ Kena gamed back by UOBKH.................. hahahaha.....................

********
What do you mean? UOBKH game ? Seriously asking, not jabbing.

you keep waiting for the other shoe to drop.. and they just keep dropping. What's next? Aiyoyo...

Agree! While some are waiting for 2.50, I've profited several times already buying at this price range and selling at 2.8+. Keep waiting I say to them. :)

Posted by InvestorS1831 > Oct 27, 2021 4:01 PM | Report Abuse

What goes up must come down & we hat comes down must go up? See --Saw momentum?

Bought at 2.66, 2.67

Agree with you @bang_miskin. QR aside, there's the CBP dark cloud hanging over Harta right now. And then people are also wary about what's to be announced in the upcoming budget. These uncertainties are not helping! And then to add insult to injury, KYY posted that article "Why investors should not buy glove stocks?" aiyo.......

Posted by bang_miskin > Oct 27, 2021 11:31 AM | Report Abuse

With the extremely poor sentiment across the entire glove industry, I am not sure if Harta latest QR would make much of a difference.

I thought this was only a one time drop (which make yesterday's purchase a technical buy), but this downtrend seems to sustain just like what happened a month ago.

I have very limited funds, so I have to wait and see. Will definitely buy at RM5 though.

Yes Ular.. glove stocks kena teruk2 again and again. We hope for brighter days for our investments. Hang in there!

Posted by UlarSawa > Oct 27, 2021 7:28 AM | Report Abuse

Sister Jolynce Taikor is the leader in Glove Industry mah so Ular only like the leader only. Actually Gloves industry no need to look at big 4 anymore lah. Look at big 2 is enuf bcos sumkor 6bil and seikor 5bil capitalisation are far away from Taikor 22bil and Yeekor 20bil leh. So Taikor and Yeekor price movement enuf to decide the faith of Msia Gloves ctrs lah. The rest pun macam followers rather than leader leh. Now the share prices not up to us to decide leh. All kena controlled by shortists mah. you see top RSS ctrs mostly pun Gloves ctrs leh. Just wait for shortists turn bullish only got chance to reverse leh. When Ular pun tak tau leh. Of course everyone buy share want to make profit lah. Tak kan want to lose mah. This is everyone ultimate aim also mah. Ular put FD only and keep renewing FD at higher interest rate whenever there is a better offer only. Correct?

I respect you for your allegiance to Taikor, but we are here to make profits from the stocks that we buy. Even if Taikor gain market share at the expense of others, does it necessarily show in the share price in the near to medium term, esp if the others all red red - people see glove stocks red red like that, would that give them the confidence to put their money in TG leh? Will that make TG rise above RM3, or keep being stuck in this 2.70-2.80 range because of the poor sentiment all around? So... like it or not, glove as a sector has to do well, then all glove stocks shareholders will be happy. Correct or not Ular?

Posted by UlarSawa > Oct 26, 2021 11:40 PM | Report Abuse

Ular only like Taikor not Yeekor or Sumkor or Seikor leh. Ular treat them ask competitors leh. Cannot like you cakap long live Yeekor and sumkor or seikor leh. Only Long Live Tan Sri Long Live Taikor TG leh. It is better they lose market share to Taikor since they have forced labour issue and need to solve it like what TG was doing in the past mah. Taikor spending hundred of millions baru dapat the excellent report card leh. Not cheap also leh. The rest takda spend so much yet to get the report card have to pay the price lah. Baru fair mah. Have to follow Taikor TG footstep also mah. Be a responsible company lah. Hope the apanama Hall carry on expose more gloves makers and make them comply with ESG lah. If cannot comply let them close shop also nvm bcos Taikor has the capacity to fill all the order sampai 100 bil pcs mah. Correct?


jolynce Ular, like it or not, glove stocks on Bursa, esp the big 4 are now irrevocably linked. If three are red, you cannot expect one to be green, price shooting up even if that Apanama Hall leaves TG alone, for now. So, we better hope this Apanama Hall fella leaves our glove industry alone. What a trouble maker, correct?? I say long live Top Glove, Harta and Kossan. Ok fine, Supermax too, even though I don't have their shares. LOL!

Posted by UlarSawa > Oct 26, 2021 5:13 PM | Report Abuse

Finally Hartega kena accused by the same person dunno apanama with Hall one caused Gloves Community in distress today. Baru last week Supermax kena kacau by US on forced labour. semua pun red red but Taikor TG is least affected bcos Taikor TG is the One and Only One Free from Forced Labour by International Consultancy company. Itu Apanama Hall also sitting on Board in TG monitoring TG company comply with ESG and takda accuse TG anymore like he accused Supermax and Harta. Tan Sri learnt the lesson and adapted very fast and will be the front runner to capture back US market share from Harta and Supermax. Long Live Tan Sri. Long Live Topglove. Correct?
26/10/2021 9:51 PM

Haha Coward, you have not accepted my challenge. RM177,000 to be deposited to your bank account if you can prove that I have an AKA ID on i3! Which you can't! So, bye bye! haha

I know, right? Also, their Youtube channel https://youtu.be/8W-GRtZZinE

Posted by Cerubic > Oct 26, 2021 11:14 PM | Report Abuse

To be fair and not being bias when you are looking at the treatment of workers, foreigners and locals in Hartalega...just look at their facebook says it all.

*cryyyying... sold too early!!

Waiting for Dialog to reach RM3, and staying above RM3, is torturous like pulling teeth LOL!

Ular, like it or not, glove stocks on Bursa, esp the big 4 are now irrevocably linked. If three are red, you cannot expect one to be green, price shooting up even if that Apanama Hall leaves TG alone, for now. So, we better hope this Apanama Hall fella leaves our glove industry alone. What a trouble maker, correct?? I say long live Top Glove, Harta and Kossan. Ok fine, Supermax too, even though I don't have their shares. LOL!

Posted by UlarSawa > Oct 26, 2021 5:13 PM | Report Abuse

Finally Hartega kena accused by the same person dunno apanama with Hall one caused Gloves Community in distress today. Baru last week Supermax kena kacau by US on forced labour. semua pun red red but Taikor TG is least affected bcos Taikor TG is the One and Only One Free from Forced Labour by International Consultancy company. Itu Apanama Hall also sitting on Board in TG monitoring TG company comply with ESG and takda accuse TG anymore like he accused Supermax and Harta. Tan Sri learnt the lesson and adapted very fast and will be the front runner to capture back US market share from Harta and Supermax. Long Live Tan Sri. Long Live Topglove. Correct?

Oh gosh.. that's indeed worrying. Hope that doesn't materialise.

Posted by somo1 > Oct 26, 2021 8:53 PM | Report Abuse

Single market risk, i.e. 50% of its sales revenues come from the USA is unbearable high! If US import ban materializes, it'll be disastrous for Harta. Supermax share price plunged 10% when news of its products banned from the US broke, and US market accounted for only 20% of its sales revenues. Hence, it's highly probable that we may see a limit down in Harta share price should the ban actually come about.

If these are legit, shouldn't SD communicate to the shareholders through their official channel, website, newsletter, media outlets, or something? It's weird to read this here on i3 from an unknown source no less... how do you instil confidence like this? So weird...

Posted by ǷearlꙌhite > Oct 26, 2021 8:39 PM | Report Abuse

.
.
@25th October 2021
Details of Key Action Indicators. Lets run the show for the better of SD.

COMPLETED ACTIONS FROM DETAILS BELOW
- Restructure company to greater heights - more contracts/projects, focus on customer.
- Founder's legacy 1 - removed margin call risks till 10 sen and before completion of SIR.
- Manage cash flow and forecasts.
- New financing initiatives will not involve Private Placement. and Rights Issue.
- EY will provide finalised SIR to Bursa.
- Bursa to request SD to announce SIR findings.
- Complete 2020 audit and annual report as planned.
- Complete 30/9/2020 QR within time frame or earlier (1st draft out by 21/10/2021).
- Group meetings with asset / fund managers together with re-rating agencies. Sessions went well and is promising.
- Meeting with current financiers. Sessions went well and is promising.

=====================================================================
OUTSTANDING / ON-GOING

Shareholders' Mandate
- Founder's legacy 2 - restructure founder shareholdings to focus on future strategy, finance, legal - in progress

Business Development
- Re-engage lost and new customers and continue to win more contract/projects - in progress
- Provide more innovative and new products and services to customers world wide. - In progress

Operations / Project Management / Procurement
- Continue focus on delivering continue safety, operational efficiency and cost effectiveness - in progress
- Continue to delivery on projects within customers expectations and satisfaction on time.

Finance
- Manage collections and expenditures - In progress

Governance
- Issues highlighted in forum will be dealt by SC/Bursa directly with forummers. SD will have no part in time wasting activities. - In progress.
- To deliberate offer by KPMG to resolve legal issue. - In progress.

During the Sept selldown, I bought all the way down 6.18, 6.02, 5.88, 5.71, 5.53 and then sold all the way up, in between buying the dip and taking profit numerous times. So, just gonna repeat doing that now. Hopefully it doesn't go lower than the previous low of 5.51... if it does.... well, I will have to continue buying. :P

So true. LOL!

Posted by LossAversion > Oct 26, 2021 3:25 PM | Report Abuse

Ha, ha, ha IF the past, present, future TPs are so useful, many would not be in deep shit!!!!!

@bang miskin @cerubic I think Harta is not really a suitable stock for day trades. Sometimes the price can fluctuate wildly in a day but that's quite rare. I'm not a day trader either. I just take profit when I feel that it's time to do so.

This Andy Hall really troublemaker I tell you!

@bang_miskin Actually last night I queued to buy 20 lots at 5.95. Didn't turn on my phone till late morning and that's when I saw.. not only did my order matched, the price was no where near there. Pengsan! haha!

@bang_miskin that's my plan too. Bought some more at 5.82 to average down today's purchase. Good luck to us. Hope the price stabilises.. yikes!

Wow what's happening. Anyway, just bought at 5.87

wow.. this CEO really does not give a damn. Pity the shareholders!

10-20 cents, big volume, I can see how they can earn a lot short selling on a day when sentiments are negative. Like how we too can profit selling when prices go up above our purchase price. Except we make peanuts compared to them lah. There will always be opportunities for RSS with the ups and downs of the stock market. Anyway slow day today for Harta, no chance to buy or sell. I think I spent more time reading Serbadk's forum. Haha!

Posted by bang_miskin > Oct 23, 2021 11:36 PM | Report Abuse

Call me naive, but isn't it risky to short a company with good fundamentals, especially when price is "closed to" the bottom? I see the logic behind shorting poor sentiment companies, price is trending down, so what's the harm in riding the bear? But there's a risk especially when price is already closed to the bottom. First there isn't much more room for price to fall. Second, and more importantly, the poor sentiment won't last forever, and one day when the sentiment suddenly reverses, all of a sudden you're taking losses when price suddenly trends up. Some news can be quite sudden, for example the recent news on the power shortage in China.

If I am a big fish, I would short sell companies that are currently overvalued. Price is sky-high but all you need is to create a little panic and "positive sentiment" will reverse course. To me this is a more profitable option. First price is sky-high so lots of room to fall and profit from the selldown. Second, since the company is highly overvalued, every investor riding the bull knows that one day the musical chair will stop and the bubble will pop. I think that's what happened with gloves late 2020, knowing that the sky-high price won't last forever. Now after a year in, with prices close to pre-pandemic levels, the motive for RSS becomes weaker and weaker.

You have respect for this kind of CEO who caused so many people to lose their hard earned money?

Posted by Honesty > Oct 24, 2021 4:51 PM | Report Abuse

If I am the CEO of a company and i know there is a good news coming in. I would delay the good news announcement and sell all my warrant to create the panic sell down on the mother. Then top up the mother bit by bit with the $$ from the warrant and hope the authorities does not suspend the share!!
I am not that bright, is this legal ??? Can anyone tell me ~~

Dsuliana, noticed how the Pengecut likes to target members of the fairer sex? What does that tell you? Hahahaha

Agree. Although I don't own SD shares, I can see how many would be trapped by now because of this person's very often ambiguous comments.

Posted by wongchin > Oct 23, 2021 10:59 AM | Report Abuse

Pearl white : U will be admire for what u have written abt sd n become an instant hero. Bt u can also become the curse of 18th generation for what u have done for those who follow u. I suggest u comment no more n js relax n wait for the sir out come. Even thou i hv an opposite view of yours i never try to pour cold water. Thks

LOLLLLL.. TG will have a good week ahead! Cheers! :))))

from the chart, it has bottomed.

Posted by Newbie20 > Oct 22, 2021 5:12 PM | Report Abuse

Long term north? It has been trending downwards since 2015 though :(
Hopefully found bottom

bought 6.03 yesterday, sold half at 6.15 today. Price was 6.10 pre-close. I queued to sell at 6.15, and it was snapped up after pre-close. I got a good feeling about Harta!

Aiyo Dialog!

Yes it is because Harta's price is already back at pre-pandemic level, while profits are still waaay above pre-pandemic times, that I am very comfortable buying at this price. What more if it goes lower.

Posted by bang_miskin > Oct 22, 2021 9:03 AM | Report Abuse

But at the same time, I am not sure how much more Kossan and Harta will fall. Both are already at pre-pandemic price range. Price below pre-pandemic level doesn't make too much sense to me, at least in the long run. To me both counters are still good for medium to long term investment. Different story for short term investment. Glove sentiment is still very poor and we expect at least two-three quarters of falling profits. Will be a rough ride.

Net profit margin is still very high at 40+% compared to early 2020 and before when it was below 20%. So obviously current price defies logic. Purely sentiment driven.