Any guess to close at what price today? Probably another big vol dump towards closing time? LOL!! Anyway, good to see it rebound. I'm one o the Notion supporter who suffer huge losses :(

Looks like the selling stops, hopefully no more big vol dumping.

The selling from KWAP seems stopped, the last date they sold based on the Bursa Malaysia disclosure was on 12th July 2024, since then until now, no more selling from KWAP. With that, I believe MYEG will slowly move up from here. The support level should be around 97 cents region.

@GooShen Thank you very much for asking people to sell, today I have opportunity to collect cheap, appreciate your effort.

Closing time drop back, many days already in this pattern. Any sifus can comment? Is this a collection or distribution?

Buy?

Sudden drop, QR coming.

QR come out today.

Is it purging traders or insiders selling due to upcoming QR will be no good? Or insiders press it down to collect more due to upcoming QR will be good? Anyone can shed some lights? Especially those good in TA, probably can see some trending.

I'm keeping my Supermx for now, will top up more if drop below RM4. Will evaluate and decide to keep/buy/sell after upcoming QR. Need to see next QR see upcoming to decide next move.

Keep calm, don't let the emotion side take over. It is quite safe to expect Supermx next QR to report 5 cents EPS or better, that will make the rolling 4Q EPS of ~20 cents. If the sentiment recover by then, I would not be surprise to see Supermx trading at PE30X, which will make it worth +/- RM6. If the glove stocks sentiment is not so good by then, PE may down to 20X, that may have it trading at +/- RM4. For the top 4 glove stocks (topglov, harta, kossan & supermx) to go below PE20X, I think is very unlikely, unless overall stock market run into bear mode. So, regardless of current noise & fear, I think Supermx will be trading between RM4~RM6 for the next 3 months, barring any unforeseen circumstances.

For the daring soul, you an go for C45, if mother reach RM6 as pang72's target before Dec'2018, C45 would be ~80 cents, 80% gain from current 43 cents. The expiration date for C45 is Dec 13th 2018.

Great bomoh is KWAP? Sorry, I'm a bit slow and did not follow up thread here too much.

Assume another 5 cents EPS coming up next Q, which is very likely, that would make whole year EPS 20 cents. RM4 (PE20X) is within reach, RM5 (PE25) is not impossible too.

C40 is now trading at 8% premium, compare to all others which expiry date in year end, it is the cheapest. C41 (Oct'18, 11% premium), C42 (Jan'19, 13% premium), C43 (Nov'18, 22% premium) & C44 (Dec'18, 30% premium!!), I really think C40 is a good buy. Just to share my opinion, trade at your own decision.

C40 is a good buy, expire date is long (Dec 31 2018), 6 more months to go, conversion price of RM3. By Dec, mother share could easily each RM4+ (provide good result continue for the next 2 Qs), and C40 could be well above RM0.50.

Latest Hwang Affin TP for Supermx up to RM3.90 (previously RM3.50), any correction is a good buy.

Supermx-C33 is a good buy now, with the lowest premium of only 1.75%, is quite a safe bet. If the premium catch up with others, then it's has bigger upside potential then others. Just a recommendation, buy / sell on your own decision.

Excluding the forex, YoY is even more impressive than QoQ, meaning the management is doing a very good job in execution and growing the biz. As @nocindycat mentioned, nett out is a growth of 50%, that's extremely impressive!! Again, I urge all investors to go study the QR, do some homework and be a smart investor.

Exclude the forex gain last Q4 (RM3.5M) and loss this Q (RM0.7M), the QR is actually very impressive. Go study the QR in detail, be a smart investor, don't just look at the numbers on the surface only. Let the sell down settle, and I'll start to collect more, it will be over RM0.50 soon.

See that 20K lots of 0.58 being suck up one shot in split seconds? Wow, I'm amazed.

0.575 buy queue is building up, see if this time it can break 0.58. Trying a few times today already, but noticed that every time got some big sellers came in to sell for 0.575.

Why 0.575 got so much selling pressure? It seems there are invisible hands keep pressing, not letting it break out.

Gone, WTF.

Too bad for those that got burnt badly, but this is the reality of stock market. As KYY said, no stock will keep going up forever, and no stock will going down forever. Fundamental not changing, those who has holding power, now is the good time to buy.

For HENGYUAN, besides earnings, another factor in play is the valuation. Even if it's Q4 EPS is 50% less than Q3, at current price of ~RM17, the PE will be still low at around ~6X. As such, I don't think it will cause a huge drop even if Q4 come out around 60 cents EPS. If Q4 come out anything more than 70 cents EPS, then it's PE will be pulled down accordingly, and this will spur buying again. Expecting Q4 EPS to be 70 cents and above should not be too aggressive, isn't it? For beyond Q4'17 and into 2018, there are still a lot of uncertainty we have to deal with, just like any other stocks in KLSE.

USD/RM strengthen to below RM4. Any sifu can comment if strong RM benefits or hurts HENGYUAN?

Yes, very unlikely the Q4 will be bad.

Actually it is good to let it settle down and build a strong base at this RM16~RM17 level, and get prepare for the next wave up. Valuation is still cheap, so possibility is still high for it to go higher. My biggest worry is upcoming Q4 come out a big negative surprise, then we may see a big drop from here.

I recommend go for CI, the lowest premium among all which expire in June'2018, 6 more months to go. CK is at > 30% premium, but CI only ~5% premium. I think CI is a very safe bet.

CI has the lowest premium, only 2.9% now at 53 cents closing price. Will it shoot up 20% like CK today?

Less than 2 weeks ago CH was 40 cents with the lowest premium among all CW, and now 69 cents with 70% gain in less than 2 weeks. I believe now CI with the lowest premium, it will catch very soon. For those with small capital, CI is recommended.

Best buy Call Warrant now is CI. It was CH has the lowest premium, now CI has the lowest premuim of 5%+ at 41 cents, with expiry date in June'2018.

I missed the CH today. As it up so much today and no more cheap premium, what other Call Warrant would forumers here recommend? Is CC a good buy with -4.5% premium?

What happened? Suddenly coming?

Attack/blame all you guys can, I don't care, but I'm happy with my investment in HRC. Entry price RM4.9+, I'm happy to sell and take profit on Monday if the price really see dropping . If it limit down? Even better, rather than sell, I'll buy more. No company will forever make increasing profit without a miss in between quarters, and no stock price will go up forever without correction. Stock investment is about making money, blame everybody in the world doesn't help you win. Losers still losers, and winners remained winners. Happy weekend to all forumers.

Don't be surprised if it drop to 0.95, it's a healthy correction. For those that missed this boat, any correction is the time get in.

就讓我們一起期代吧 ... :)

Hmm ...., I suspect Q2 would be bad, and that big boys were out already during the crash from the peak of 0.425 2 weeks back. I hope I'm wrong.

Those who buy now, tomorrow will be laughing to the bank. This is a good chance to pick up a strong fundamental stock.

Moving up also very fast now, those bought @ 0.275 LOL now.

Reverse gear, sell down continues, bad result to be announced tonight?

So no worry?

Something went wrong? It was sold down from 0.425 -> 0.41 within ~15 mins, with high volume.

Looks good for next Monday to break RM8.

Upcoming quarterly result fall into red, I would say less likely will happen; Upcoming quarterly result less than last quarter of EPS 93 cent, most like will be the case. Buy or sell, do your own analysis, one fact cannot be deny is, the valuation is still very low @ PE ~4.

Why worry about OTB & KYY? The most important thing is the company performance, if the upcoming result is good, do you think OTB & KYY has the power to push the prices? If the result come out bad (worst case fall into red), then the stock price will drop regardless of OTB/KYY or not. Nobody knows what will be the result at this moment, based on your own analysis, if you think it will be good, then take today sudden drop opportunity to buy. Else, just take profit or cut loss, depends what situation are you in now.

@ Alex Foo, hypothetically you are correct. In actually, if a company every year make the same amount of money and WITHOUT giving dividend, even though they are profitable every year, most likely their share price will reduce over time.

Come on, 0.025 is already 8%, that's very significant !!

It's a little weird they did not do official announcement upon obtaining ISO13485.