Director dispose means the share is overvalue.... QR supposely to come out last month but delayed. Nobody know how the company is performing except the director himself. If QR is super good like supermx topglove or harta, why is there a delay in publishing the latest QR?
Auditors not working during mco. Now start to work again. Director may be buying back after it drop. You never know. If you think it is not profitable, dnt buy. If you think it is still good, then buy.
Read your news Carefully.... the barring of the companies is due to quality issue...Duh... NOT due to trade war...
Secondly, do you think china has only 66 companies doing mask?? Also What about companies from other countries too?
Sometimes people will just use all sorts of irrelevant info and news to justify their own Goreng Goreng.... @Kitkat you really need to go and eat more Kitkat
The financial just green I dont see negative for any quarter. Somemore they are cash free company. With PE 27 now still reasonable price as earning for this quater expect to be higher.
If you follow OCN in recent years, you would know the major shareholders are all related, and this counter is already cornered. The way I interpret it, if the Director is taking profit in the open, it is a fair game. After all, who wouldn't want some quick profit when there is always opportunity to buy back. The company has been listed for years and hardly any movement in terms of director disposing shares. Did that indicate a bad qr? May be, may be not. All I can say is it simply raises the confident i have with this Management.
I am not sure why so many focus in this company. Dont you see how directors are disposing in large amount cashing out ?
All those glove holders will soon move their fund to RGT(9954),
Because it is a company with Innovations, products in demand such as Sanitizer dispenser , Net cash & Zero Debt , manufacuter of medical device under clean room
RTO to be happened 100% and BOD with proven track record of great leadership and management
@princenato you mean you are confident with management?I think management certainly know the impact of selling shares like that. They don't mind to see the share price slide down because it may go back up again if company is doing well. They can always buy back the shares at lower price and it may go up again.
Don't let fears make you lose. this stock is good to practise buy low sell high. u look at it, as if you know when to sell and when to buy. Maybe you kena buy high sell low before? hahahahaha...
what i see the hostorical is steady....compare to other glove...this Ocncash ored drop to its normal price...no more overbought...now is just waiting game and holding power....CASH IS KING!
I see the RSI drop to almost 50, means it is almost time to call buy. if we are lucky, this week will have another wave. or else need to wait for next week. don't worry, for whatever price u hold from now. u will get to sell high by then
wonder why u still here, hope ocncash won't hurt u so much.. life still goes on, look forward and don't look back. good luck pal, i always buy the idea of everybody earn in the market together
@t_nike2002 please do homework for commenting, see that stock the director sell only 0.3% if check carefully to ensure liquidity. I saw your comment like very funny
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holyspirit
217 posts
Posted by holyspirit > 2020-06-02 18:06 | Report Abuse
Margin call for all the glove counters......that was the reason for today glove shares down