Glove stocks already so high still want to promote ? The risk of losing is much higher now. See the price of Topglov and Supermx dropped heavily during lunch break. Definitely only big sharks are buying and selling.
Bursa got so many cheaper and good stocks. No stocks will rise forever, its matter of time before the price of all glove stocks collapse. Better be safe than putting yourself in danger.
Stock: [TOPGLOV]: TOP GLOVE CORP BHD Jul 7, 2020 8:30 AM | Report Abuse
In the past big gloves always declared 1:1 bonus issues to make their prices seemed lower. Recently TOPGLOV tan.sri lim said he has plans to grow TOPGLOV to be in the league of Fortune 500 plc.
If this is the plan then it could mean many big names in wallstreet funds r edi buying the BIG 2 n could be advising mgmt what to do best. Road shows in global financial centres will be next move. These funds love super hyper high priced stocks. They view bonus issue as losing time to play up kau.kau, the likes of AMZN, TSLA, NVDA etc.
Good dividends given out in 4 to 5 times a yr at measured rate is powerful to drive stock prices HIGHER to the new blue sky ...
NB: Fortune 500 PLC must be above US$10 n 1stly be world # 1 in its space. i. TOPGLOV has entered rm20 safely n is en-route to 30 then 40, 50 n beyond ... ii. TOPGLOV being world # 1 glove plc, is 1st to receive n enjoy the best orders directly from all the governments n then from all the 1st class customers n + taking increasing orders with the super crazzzy prices of spot mkt. This is simply a wonderful company. . .
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greedy44444
2,497 posts
Posted by greedy44444 > 2020-07-07 22:40 | Report Abuse
Glove stocks already so high still want to promote ? The risk of losing is much higher now. See the price of Topglov and Supermx dropped heavily during lunch break. Definitely only big sharks are buying and selling.