klang valley nearly 100% got 1st jab vaccine..& that news was in early August..now already early Sept, 2nd dose shud be near 60%-70% progress already

for a time being, 3rd shot is already good enough to counter the heavy side-effect of any variant..that's why global market not too fear much on the new development..its normal for any virus to keep mutated while global didn't achieve at least 80% herd immunity yet..but once global achieved that, even mutation process will slowed down drastically until it become under control

developed nations already mostly achieved 80%, developing countries is catching up, including us..currently only developed & developing countries are among the most top users of gloves..but if all of them successfully achieved 80% herd immunity & the need for ICU drop drastically (where vaccinated patient that contracted covid-19 produced only stage 1 & 2 symptom that doesn't even need to be hospitalised, just stay at home until he/she recovered fully), then where is the need for huge amount of gloves anymore?

& when supply from big giant glove makers sufficient enough to cater demand from developed & developing countries, why the need for developed & developing coutries to sort out cheap alternative one? of course they will get the best brand with the longest shelf life available..& the best product came from TG, Harta, Kossan & Supermax with the most available footprint in global market especially in developed/developing countries

price already sky-rocketed then uncle want to make noise about it

i sensed another AT in the making

so how many people will get trap once agin by uncle's game this time huh?

regardless any kind of mutation, Covid-19 is still the same Covid-19..the theme is near its end of the road..new mutation will be countered with new vaccine variation development..& plus anti-viral also in the pipeline..all this is a signal for the end of the road on pandemic situation

anyway, this downfall did not only affect rubberex but also other laggard like careplus, comfort & hlt, let alone many other small newcomers

glove only have interest when epidemic or pandemic hits the world..last before covid we have h1n1..& that is about 9-10 years ago..so to expect another gloves rally shud be another 9-10 years to come

u want to be so patiently waiting with your >40% paper lost for 9-10 years to come until another epidemic/pandemic hit? be my guess

another new epidemic/pandemic -> another glove super rally

no new epidemic/pandemic -> no glove super rally

u don't have to be a rocket scientist to understand this

next stop of support price is RM0.55..if price maintained today, it means it broke another immediate support for 2 consecutive days, meaning the possibility to go RM0.55 for the next historic support is big..yup, keep on topup fellas..its fun to burn your money for nothing

the price being slowly adjusted to its future projected performance post-economic recovery but it seems u guys didn't see it coming..rubberex have nothing other than expanded production line, no new exciting product to offer, no new footprint in other market other than current existing..so they will fall into the category of cheap altenative glove product just like any other many new players in the market that surely have their production going on where ASAP is in downtrend & global demand stabilized..now thats the future waiting for rubberex & the price is being adjusted towards that..like i said, putting covid-19 infection as the main catalyst & guidance is very very outdated while market already pushing for economic recovery past the covid-19 nightmare..updated vaccination & anti-viral development is already on the table to deal with any mutated virus, so the market didn't want to look at covid-19 the same way again

u can hold if u already enjoy the super rally last year & exited huge chunk of profit & only left very small amount for momentum hoping..but for those who want to keep on topup after the last entry while accumulating paper lose >30%, i can only say that the worst is yet to come & its going to be very painful

@JeevS their delivery+ride ehailing business is OK..it just following the trend while it last..but nothing can compare to their core business of air travel..langkawi opening, thailand domestic flight reopening, vaccination positive progress, all this is a good news for AA

anyway, market is also got influenced in emotion of people..confidence in AA made the price floating exceed what IB targeted where IB based it on financial status progress alone

@John1234 study H1N1 event from the start until its over, study the price movement on glove sectors, & take a look which counter prevail & still managed to pay dividend frequently & which counter goes back to their almost pre-H1N1 price & worst can't even pay dividend as frequent as possible..then take close good look at current price chart, fundamental & financial performance plus market demand vs global players..remember that history will always repeated itself..rubberex unfortunately did not do anything to change their existing business like what supermax have done aggresively..& that will translate into their future financial performance when global covid-19 have turn into an endemic controlled infection

son, it's indeed alarming..take precaution

looks like a history waiting to repeat

@John1234 savvy investors should have sold laggard counters & focus on giant glovemaker like TG & alike..after this there will be no more sector rally & more focus on which stock command the biggest footprint in global glove market

yes the virus will be here to stay, just like H1N1 that still existed, just unaware of due to highly-effective vaccine & some effective anti-viral treatment already available worldwide

the drastic regression from pandemic into endemic just shows how effective the vaccination program has been done nationwide, & it just shows how potential for Covid-19 can be reduced into just like either H1N1 or Influenza-A, undercontrolled virus infection with effective vaccination & treatment available

remember the chain; sporadic -> endemic -> epidemic (outbreak) -> pandemic

drastic regression from pandemic into endemic is a very good news for economic recovery & a very bad news for those who still chase glove counter seeking super rally, especially those who still have hope in laggard counter like rubberex

i feel pity for those investors who still clinging on Covid-19 virus existence as a guidance or their investing decision on glove stock..that is not a savvy investor (except those who invest in TG, Harta, Kossan or even Supermax whihch have expand their footprint globally & have the ability to pay a handsome dividend frequently for years to come)..the time has come to abandon that & switch back into basic fundamental of company, plus forecasting another future global outbreak (if u have the knowledge & resources to do so)

of cos not bankrupt..but it marks the end of any hope for super rally like last year..u can start treat this counter like any other small laggard counter in other sector

Malaysia to move to COVID-19 endemic in October - KJ
https://www.bernama.com/v2/en/general/news.php?id=1998804

well, this spell the end of hope for any rubber gloves craze for a some time to come..the news officially mark the end of the road for fear-mongering on hoping to ride on gloves rally once again

& it also mark the start of vaccine craze

i feel pity to those who still hold on to rubberex or other laggard glove stocks hoping for another rally..i feel u, fellas, but things already changed, & we have to embrace the change, wwe have to move forward, no other choice, nobody love the sound of armageddon that we trying to potrayed onto our economy, everyone want to get out from thise mud as soon as possible, the recovery of economy means the end of glove craze once & for all

@i3lurker i dun see where the screwing is when the price still hover around RM0.90 after performing strong base line at RM0.80

sorry to dissappoint u if u expect only if its rocketed with limit up everyday 30 days in a row non-stop then the stock did not screw us, i am yet to see any stock can become that

today big money chase laggard vaccine-related counter la dey..chill

Brahims breakout dtl, airport breakout dtl, airasia breakout dtl..all airline related stocks breakout dtl lead by airport followed by airasia & brahims..personally, i see that as a serious reversal signal for these sector to move albeit still in early stage

but then, what is the best time to trade if not in the initial phase of uptrend, isn't it? at least if it didn' work, the exit door is still near the surface & not going to hurt much

TAYOR..this is not a buy call..everyone have to do their own analysis & decision OK

price already touching EMA50 safely today..so i guess this is the lowest..if after merdeka price rebound, then another short ride will commence..stay tune

the 2nd signal of reversal trend is already showed up today..fasten your seat belt, set your falling net aka stop loss (just in case it didn't work which i doubt because the 1st signal already proved bogus thus the 2nd signal usually confirming reversal), prepare for the ride guys

short term or not, just don't miss the bus..ride every trend we found while it last..gud luck!

https://www.bharian.com.my/bisnes/lain-lain/2021/08/855011/lapangan-terbang-dijangka-mula-sibuk-akhir-tahun-ini

@robin5813 its already 4 days green, so now its time to retrace..just chill..news already circulated that airport will be getting busy by december

but then, i would like to advise u to next time be calm & wait until the price retrace to the initiate bottom developing higher low, then u topup..don't ever topup when its already >2 days of green..price will always retrace after some gain

@rr88 if covid will never go away where it will make AA bankrupt, then all other airline also will go bankrupt & that will mean we're doom, genius..all other sectors will surely affected badly as volume of people keep dying far exceed volume of people reproduce..people will started to live like previous cave people generation..welcome to armageddon, even glove sectors can't save ur money

learn from history la..no matter how bad any world plaque is, it always ended when the times come

did u guys know that if today AA close green within RM0.95-0.96 region, not just AA maintained breaking out a 6 month's long of DTL, but AA also this week completed the task to broke 3 years of major DTL..oh mai why did i feel that the road to RM4.00 is inevitable

this counter trailing very near to its EMA50 line, thus very slow to move..but the uptrend is still intact since march 2020..slow uptrend built up, made some hiccup after bonus share, after a while then now starting to build momentum..it still has not reach its parabolic event phase yet

@EatCoconutCanWin & that's why its hard to bring down AA in budget commercial airline business, not just in Malaysia but also in South East Asia region if not in Asia Pacific..what happened currently is just a major setback due to economy but nothing hit their fundamental yet..yes of cos they ventured into other business but that is just the way TF want to scavange any small-scale inflow money it can grab with the current digital trend while it last..TF for sure knew it well that it will be a long way before he can put AA as big as Grab..all this is just while waiting for airspace to comeback normal..airline will always be AA darling of main income..& there's A LOT of oopturnity awaiting for AA to grab when it does..so many airliners reduce to dust, so few options customer can choose but so many people eagerly waiting to travel again, that's how big the potential is

take a look at chart on what happened in 2015 & also take a look at starting last year..do u see it? the volume & the price that moved afterwards..will history repeated itself? well, with current price, there's nothing much to lose if history didn't repeat as the price already among the lowest, right?

closing RM0.865 with some volume on a 1st day of breaking the long 6 month's dtl..that's a commendable achievement right there..let see this week if the momentum can keep goin

1st day breaking a long 6 month's dtl to RM0.85..that's a good news..but still, volume small..need to reach RM0.90 to confirm the situation in AA

just like any other successful company in malaysia, AA is also not a saint..they also play around with political figures to make sure they get the upper hand..what makes u think they can easily stay afloat while other aviation seems just waiting to go harakiri?

just accept it as what it is..stay away from a mindset of a saint company as no success company in malaysia is saint, each & every one of them have a skeleton or two inside their closet

LOL wut u guys..even though imma positive with AA, but i also know that Tony have some string he can pull from politicians regardless any faction..just take look whos inside AA & u will recognised some ex-politician/political-related figures behind

yes i do agreed AA have a strong management control but at the time they also adopted a "know-who" gameplay to stay afloat

@Bruce_Wayne if u know how to read chart with important indicator as guideline, u will not going to say that to me..after the last huge drop at RM0.31 did u see any bigger drop after wards? no, right..so that means a strong price have been seen along RM0.40 region which is a good sign of recovery insight

& issue with AA is far different than serbadk..serbadk had been under challenged with issue about management integrity while AA suffered a normal backlash from economy like any other aviation company while their management stand strong without any story of fiasco by whatsoever mean

but yes i do agree for thers to take my opinion with pinch of salt..imma no fraudster & im encouraging others to take some precaution about my opinion..so does with other's opinion as well..its your money anyway, so its up to u to decide

@sureshk yup..so take a seat while it still cheap..+-RM0.80 is dirt cheap..& let it rest there while we continue eyeing on other stocks for short/mid-term gain

I don't mind who PM will be next as Tony always know how to treat all type of PM regardless..AA is very important to malaysian commercial aviation industry, any PM will surely won't give any problem for AA to sustain

strong AA with hovering around RM0.80 despite political turmoil..& with good news keep on updated by government regarding positivity of declining severity cases of Covid-19 patient, we can speculate later on that the next good news is declining patient category 4 & 5 warded in hospitals, then declining all category patient needed to be warded in hospitals..october-november will be the moment our country will achieve 80% herd immunity & we will receive more & more positive stories on our economy soon due to many more sectors started to operate at full force gradually

no wonder AA price maintained against IB prediction

2022 will be the starting point of AA to start their engine in full force to the moon

daily covid cases reached ATH record causing market knee-jerk reaction to rush into gloves..let see next if the momentum can continue..but i think this is just temporary as gov already insist no more harsh lockdown

whatever u guys bullshitting about, AA price maintain hovering around +-RM0.80 which is quite interesting as its seem that big money still hold it against various IB's TP

& i see an interesting chart pattern developing..let see how it goes

why do i feel like suddenly airasia stock comment section have become a covid-19 vaccine vs anti-vac bullshit forum

@DickyMe don't fake vaccine cert later on when want to go anywhere ya

then lifting of EMCO in Klang Valley will become he sentiment play..lets wait until end of this month

u already saw what he has done to Jaks, to Supermax, & the most fuxxed up was AT (i still believe many investor still stucked in AT with huge paper loss)..u still believe this KYY unker ah? u will die la..he will keep pijak u in the end if u follow him..just maintain your trading plan, prepare for exit if things going south, but enjoy ride when it comes

this KYY unker keep bullshitting because he just want to ride u guys

i guess this counter also become a favorite for short selling activity beside glove counters..other RE related counter did not suffer the same selling pressure like solavest
09/07/2021 1:56 PM

@Perakian u can say that before..but today nobody relate MCO with glove demand anymore..MCO or not, demand & supply is still in the same tune..the only MCO that will lure in big money into glove stock is full total MCO ala MCO 1.0, because sentiment will drive the bull ride....

....which is now a gone case as gov don't have any plan for total full lockdown & opted momre on vaccine speed up

i dun mind if this is top glove of harta..but this is rubberex..so, yeah..gud luck

meaning that the short selling activity will keep on continue

but today bursa just announced approval what

RSS & PSS already approved by Bursa today, AND RUBBEREX IS AMONG THE LIST APPROVED

https://www.bursamalaysia.com/trade/trading_resources/equities/regulated_short_selling

hold your guts tight fellas

@birkincollector 1000 plus comments from people who most of them dont even have any share inside serbadk including me lol

@BrusaCasino no use depend on that current profit margin..we are looking at future expectation..future expectation is all about the balance of demand vs supply..when ASP shows tappering off & going downwards, having expanding volume of supply will not giving u any big bonus for the company's future potential, it just telling that u have big volume to counter lower product price, that's all & that's it..worst is when u know ur company have to compete with china companies as ur company has been viewed as just another cheap optional glove supply in case can't get a better glove brand..that will shut the door for any hope on another bull ride

https://klse.i3investor.com/blogs/PublicInvest/2021-06-21-story-h15669...

US & europe opening business, ASP lowered, lead time lowered, spot order gone, what does all of this tells u? think again

@siaokar mr market also depend on jerung lah..its the jerung who will decide the fate of serbadk

@Wirajati KPMG resign also no use..their image have been scarred worldwide..lawsuit everywhere against them last year & this year..they do anything also no use..they can be controlled either by those inside company that they're in or someone else to deliberately do whatever been wished for..that's how untrustworthy KPMG is right now

@Huangbk72 i dun care..i just care of how this can be resolve..who's right or wrong is not important for me..just don't ever sell a stories of how clean & full of integrity an auditing firm is where they can never be bought by regardless any auditing firm by any mean possible

dun pour bullshit stories of how innocent & angelic auditing firm is

just admit it that there were 2 devils fighting right now..we just need to know how these 2 devils resolve the issue..simple

@Enilec Mak still the same issue, INTEGRITY MY ASS..KPMG is not clean..full of shit also..meaning that with a sum of money from some party who have some agenda on the said company that KPMG is in it, KPMG can deliberately making the company smell flower or smelling shit..they can become a puppet of some people who can pull the string

you still put your trust on this auditing firm regardless if they told u the company they audited post strong profit or smelly shit? if me, i stay away from this auditing firm as they obviously can be paid by anyone to play any agenda they wish