It's a very unpredictable and volatile gloves market, not like it was in April/May. Am glad there is still hope after seeing it bounce back so strong this morning. I am just playing small and may gradually increase my stake as I monitor the situation. Fingers crossed it will climb back to 8+ in the coming weeks.

Wow, what a comeback just before lunch break. And some call this counter a dead duck?

Looking good so far today after a nightmare week.

So far Supermax pretty steady today. Hope the uptrend is around the corner.

Gloves comeback day. Hope Supermax can stay positive above 7 till end of the day.

I believe Supermax will achieve at least double net profit compared to last quarter. However, sometimes in the share market the share price does not reflect the net profits as I have seen with some stocks. Being cautious now as I am holding not many lots like before since I already have some profits in the bag which I don't want to lose it all.

Thanks Freetospeak. Yeah, I learnt from my mistake. I also believe Supermax will have stellar results in this upcoming QR. Problem is I got burnt and am now just playing small because I lost about 50% of my profits with that bad move after Topglove QR.

yalo, make we all like sohai. TopG report release afternoon and we all see it as a damn good results....buy up n IB drop a nuke n kill us all....what a damn...but i didnt buy up tat time la because i saw TopG SGX dip right after lunch time...hahahhaa

Yes KcZZ, I also got fooled that way. Caused my profits to drop a lot as a result of that move. I also learnt not to be so greedy after that and not to give in to hype. Now I'm much more cautious.

Why Dow Futures green then only rebound? Need to ride the Dow wave so badly meh?

I blame Topglove for dragging down the whole gloves sector. Stupid hyped up market leader.

Very hard for gloves to rise up when so many are buying when drop and quickly sell after rebound a bit. Sad that this is becoming a trend lately with gloves.

Still a very weak market from pretty much all sectors banks, consumer, gloves, etc. Lousy weak for KLCI. Lembab as hell.

Still very volatile. Can swing both ways. Hope it's upswing.

Gloves fighting back. Not a goner as some say.

Impressive comeback. Should have bought more at 6.5X. Not dead as some say.

Not dead yet as some predict this counter is a goner.

Let the investor decide for himself whether to hold, sell or buy more. Disrespectful to insult each other. That's why I said this forum is going to the dogs.

Yes fca70jia. It does not make sense indeed when gloves are in demand more than ever and people just sell off like that. Investors are humans and humans are not sensible. I am still in the gloves game but currently have lowered my stake considerably and more cautious in buying, not as aggressive as before.

Bought back small batch at 6.59 just for fun. I still like this counter. Hehe.

I will be back for the next ride, maybe will even start again this afternoon if my instinct tells me it's good to enter again. Will buy in batches and not sailang.

Freetospeak, I agree with you that in the future we will no longer be a 2 ringgit share. Supermax is in a different league now. I still have some Supermax left although I let go most already because I chose not to fight the trend. Am monitoring closely to come back in anytime. Will follow my own instinct and hope it's a good one.

I look at Topglove as my signal. The market leader collapse is a sign things are not looking good for gloves. Sell down is way exaggerated for such a good profit making sector that's why it should bounce back. I will be back when the bounce back is more sustainable.

Supermax and gloves will be back. When uptrend comes back I will throw in money again. It was good while it lasted, at least I made some money.

Not such as big drop for Supermax. Look at Topglove. Whole market is bad and has been since that Dow Jones crash last week. Look at the great Nestle also down over 1 ringgit.

2nd wave true why Genting can open?

Genting shares can go up is a joke. Based on what? Phantom gamblers? Gloves should be the one rising but market doesn't show it.

Topglove go down, Supermax also down by about half. Follow the market leader.

I remember I read an analyst report not long ago that said he expect there will be rotational play between gloves, banks and gaming sectors. I think he may be right cause I'm seeing it more. Gloves will bounce back again.

It's a cycle. Gloves will be back. Game is not over, just taking a break.

Sideways for all gloves. Wait for next month to see it move up again.

Yeah freetospeak, I was thinking the same thing. It's likely gonna be sideways for the remaining couple of weeks. I also don't feel like monitoring so much during the day. Later in July should be defining moment for Supermax.

Funny that Kossan has been the only one of the Big 4 that has been green all day. I was never patient with that stock and sold off much earlier already.

All eyes are on Dow. I don't like that feeling. Glove stocks should just show their true colours and go up.

US and global market situation is holding back the glove stocks. Really testing everyone's patience.

Still waiting for the laggard Harta to wake up. I have already reloaded like that Dato Tan Guan.

Thanks Newplayer286. Can send us the link?

I also share very similar views to the author who wrote that article. I agree the recent sell down of gloves stocks is not justified.

Will go sideways for a while and should shoot up later. Need to be patient.

Weak market. Not just gloves. Overall market is weak.

As long as rebound and back to uptrend it's good. Doesn't have to be fast and furious like it before.

Good strong rebound for Supermax today. We needed to see this after a declining trend that made many investors get worried. Hope it grows from strength to strength but there will be bumps along the way.

Woke up already. Those who gave up hope and sold just now got no patience. Glove stocks are still very much alive and so is Supermax.

Rebound strength is still there. Just don't expect 1 ringgit jump like what we used to see in past couple of months. Definitely still got hope to go back to those high levels, just be patient.

I'd be happy if it can slowly climb back around 20-30 cents like today gradually. Hope to see it back in the 8+ ringgit range in a couple of weeks time.

Hold till August if possible. I think no point looking at it everyday all the time. Movement will be sideways and quite volatile. In a few weeks time it should move up faster.

Glove stocks not bulletproof against market decline anymore. It's ironic because they should be but for some reason they don't seem to be anymore.

Rebound across most stocks generally quite weak, not just gloves. Market is very jittery.

Gloves bounce back generally a bit weak this afternoon, not just Supermax. Investors generally still nervous about news coming out of the US I think.

Don't know what some of you guys saw in that YTH888. I never paid much attention to her talk big and boast big comments. There are some 2 faced people in this forum so beware.

What I've learnt these past few days is that glove shares go down not because this sector is losing steam or overvalued. They move in tandem with the crash in US and global markets. Just that the drop for gloves a lot bigger probably because they are very high so the drop is more drastic. Glove stocks are not bulletproof to the market crashes.

I really don't understand those who wrote off Supermax saying this counter is a goner and will drop to 5 ringgit. If it has no more hope then can bounce back like this morning? You gotta be kidding.

Thanks freetospeak for reminding us on the calculation. Supermax still a good bet for the future. I sold most of mine yesterday but bought back some this morning at lower price. Have reshuffled my gloves portfolio with some cash on the side for standby just in case there are unexpected crashes due to the volatility of US and global markets.