Posted by GlovesOff > 2021-06-30 10:56 | Report Abuse

@ProsperousRealm ~ you not tired ah log in lout out all 14 ids ... just stick to one la

Posted by MoneyMakers > 2021-06-30 10:57 | Report Abuse

Glove shortage doesnt mean ASP can remain high..2018/2019 also glove shortage

Shortage is narrowing thats why ASP dropping..once shortage reach 2018/2019 level, ASP also drop to 2018/2019 level

Prepandemic ASP = prepandemic profits = prepandemic share price (65 sen)

Posted by sharemarket21 > 2021-06-30 10:58 | Report Abuse

Some local boys are not following the rules. Too many occasions of sudden spike will only prolong the proper technical recovery. It's not helping the situation either. Nevertheless hopefully it will close above 3.38 today in order to see any potential short technical. Or else let it slow down and idle for weeks before making a comeback. It takes time to heal.

Posted by invest_malaysia > 2021-06-30 10:58 | Report Abuse

会买是徒弟，会卖才是师傅

Posted by Citadel9999 > 2021-06-30 11:01 | Report Abuse

他們買賣都是徒弟哈哈

Posted by GlovesOff > 2021-06-30 11:02 | Report Abuse

@sharemarket21 ~ yup my 2021 chart/indicators still weak .. some here saw invincible 3 horsemen or soldier or white black made in japan chopsticks ... "mari-bocor" candlestick got la

Posted by sharemarket21 > 2021-06-30 11:03 | Report Abuse

Always remember to SELL if you happened to buy at the lowest price. The whole objective is to make some decent profits and that's all matter. This is not a straight forward stock and only sophisticated traders and investors will able to compete with the big and local boys. Like I said, there is no mercy by local boys. They grab everything.

Posted by sharemarket21 > 2021-06-30 11:05 | Report Abuse

Glad to know my friend. I am into common sense and overall market and stock volume. Share more to assist the newbies or anyone who want to try something new in this room.

Posted by pjseow > 2021-06-30 11:14 | Report Abuse

invest malaysia , I did not come.across such.article. Can you.share the link? thks

----------------------------------
invest_malaysia @beary, topglove executive director said ASP can go back to pre pandemic level. Who should we trust? You ah?
30/06/2021 10:30 AM

Posted by pjseow > 2021-06-30 11:20 | Report Abuse

Invest malaysia, do you mean those glove founders and hardcore die die hold senior directors plus some super long term.investors etc.are 徒弟？These peoples buy on dip but never sell. They are super rich ? 徒弟?

----------------------------
invest_malaysia 会买是徒弟，会卖才是师傅
30/06/2021 10:58 AM

Posted by MC33 > 2021-06-30 11:22 | Report Abuse

Yes pjseow I wanted to ask for source too, which topglove exec ? in what article ?interiew ?
People please cite your sources so it is useful for everyone especially those who continue to
contribute to a calm logical view and analysis in these uncertain times.
Thank you.

Posted by strattegist > 2021-06-30 11:25 | Report Abuse

red

Posted by DSIVANP > 2021-06-30 11:25 | Report Abuse

Brazil recently surpassed 500,000 official Covid deaths, the world’s second-highest total behind the U.S. About 1 in every 400 Brazilians has died from the virus, but many experts believe the true death toll may be higher. The virus situation there is not easing, with an average of nearly 70,000 new cases per day.

There was a consensus that the Gamma variant vastly accelerated contagion earlier this year, and it played a pivotal role in pushing Brazil’s health system to the brink of collapse. There have been a number of cases that have been conclusively traced to the Delta variant in a few parts of the country, but Brazil doesn’t have the capacity, or the political will, to have a far more aggressive sequencing program. So by the time we have the first glimmers of where the variants are changing the dynamics of the virus, it’s too late to do something about it.

Posted by GlovesOff > 2021-06-30 11:25 | Report Abuse

you all diehard glovers but didn't watch lim cheong guan tg's livestream? ... aiyoyoyo

Posted by invest_malaysia > 2021-06-30 11:26 | Report Abuse

@pjseow, it’s in the interview with rakuten yesterday. I couldn’t find the video anymore. Alternatively, you can go to Facebook and look for 12Invest. Under their article in Notion VTec published yesterday. They got mentioned also on what TG said.

Posted by DSIVANP > 2021-06-30 11:26 | Report Abuse

There’ s a growing sense in Indonesia that the current coronavirus resurgence is turning out worse than the last peak in January. Already, daily cases have tripled from May, and the number of deaths is climbing despite an ongoing vaccination program.

Posted by invest_malaysia > 2021-06-30 11:28 | Report Abuse

You have to know your position. You buy shares to earn money. Founders like Stanley, Lim Wee Chai are business man. They don’t buy and sell shares to earn money. They sell gloves to earn money.



pjseow Invest malaysia, do you mean those glove founders and hardcore die die hold senior directors plus some super long term.investors etc.are 徒弟？These peoples buy on dip but never sell. They are super rich ? 徒弟?

----------------------------
invest_malaysia 会买是徒弟，会卖才是师傅

Posted by GlovesOff > 2021-06-30 11:29 | Report Abuse

"Nitrile drop from 115 to 70!!! 39% drop!! ASP might go back to pre pandemic level"

bro ... even from director's mouth, this is buy call to them wait and see ... hehe

Posted by invest_malaysia > 2021-06-30 11:30 | Report Abuse

They’re living in their fantasy world busy asking people to sign petition. They didn’t know what is happening. Cannot blame them hahahah


GlovesOff you all diehard glovers but didn't watch lim cheong guan tg's livestream? ... aiyoyoyo

Posted by Will188 > 2021-06-30 11:39 | Report Abuse

https://www.bursamalaysia.com/market_information/market_statistic/securities

RSS target Supermax. Plz tag our Finance/Pm temporary ban like last year.

Posted by Citadel9999 > 2021-06-30 11:50 | Report Abuse

haha gloves lover yesterday gain gone today come out fattlanzha

Posted by GlovesOff > 2021-06-30 11:52 | Report Abuse

yday is buy low sell high .. today is catch falling knife

Posted by pjseow > 2021-06-30 11:53 | Report Abuse

Invest malaysia , This is contrary to what Margma s view which projected post pandemic prices to be 40 to 60 % higher than pre pandemic. MARGMA represent all glove makers in Malaysia . I am very surprised LWC or Topglove director said that post pandemic price will be the same as pre pandemic. You hear wrongly or not ?

Posted by Maxsuper > 2021-06-30 11:55 | Report Abuse

.... even as far back as 7.00 lower profit n lower asp were no big secret but diehards keep consoling themselves that it's already priced in....

Posted by glovefinish > 2021-06-30 11:59 |

Post removed.Why?

Posted by invest_malaysia > 2021-06-30 12:02 | Report Abuse

@pjseow, you check 12Invest page in Facebook under their article on Notion VTec published yesterday. Or you can take it as I listen wrongly la. Up to you.

Posted by nataliekoo > 2021-06-30 12:03 | Report Abuse

No worries, limit up soon !!!!

Posted by Highfive Bread > 2021-06-30 12:11 | Report Abuse

pjseow, https://www.youtube.com/watch?v=Hho5rCGZqAQ

Posted by Highfive Bread > 2021-06-30 12:13 | Report Abuse

forward 11 minutes into the video pjseow

Posted by MoneyMakers > 2021-06-30 12:14 | Report Abuse

By the time MARGMA say ASP/demand going back to prepandemic level, price alrdy below 2.0

Real data laggard - leading indicators @ lead time/oversupply/covid cases alrdy point to prepandemic ASP

Posted by glovefinish > 2021-06-30 12:16 |

Post removed.Why?

Posted by oldbeginner > 2021-06-30 12:17 | Report Abuse

I’m not supporting this glove industry in my comment here. But I’m wondering the foreigner keeps selling our shares in every report , could they are the one actually short selling all our shares in KLSE ? If this true , then they are the one who reap profit and damaging our economy . Bear in mind , most buyers in KLSE are retailers . Government is trying to bring more instruments to attract funds but foreign short sellers may damage our economy and take a big chunk of our money home. I might be wrong here, so don’t shoot me thank you

Posted by MoneyMakers > 2021-06-30 12:27 |

Post removed.Why?

Posted by Citadel9999 > 2021-06-30 12:31 | Report Abuse

oldbeginner you are right

Posted by invest_malaysia > 2021-06-30 12:32 | Report Abuse

@pjseow, in the video. Scroll to 45 mins and listen. Possible ASP to drop to slightly higher compare to pre covid level.

And you need to adjust to the environment. Like topglove executive director mentioned. They will monitor the expansion plan from Malaysia and China to adjust their own expansion plan. So the expansion plan of topglove will be subject to change also.

Posted by GlovesOff > 2021-06-30 12:42 | Report Abuse

this video is v detrimental ... gg.com

Posted by MoneyMakers > 2021-06-30 12:45 | Report Abuse

Lai lai another run towards 3.3..keep stomping on that floor will eventually break!

Posted by glovefinish > 2021-06-30 12:48 |

Post removed.Why?

Posted by pjseow > 2021-06-30 12:48 | Report Abuse

Agreed. The last update from MARGMA was about 3 months.ago. Will wait for new demand and supply plus pricing projections update from MAARGMA. Three.months ago, the Delta variants was in India only. It has not spread . The demand and.ASP situation.might change now . I prefer to listem to MARGMA rather than topglove only because Topglove lost the US market which has better pricing than the rest of the world.
-----------------------------------------------
glovefinish pjseow, not necessary what MARGMA said will be forever permanent like that. Everything subjects to change over the time. What MARGMA said last time possible change different things over the time depend on the changing business environment. Need to update frequently and always ready to adjust self to accept the possible changes.
30/06/2021 12:16 PM

Posted by GlovesOff > 2021-06-30 12:51 | Report Abuse

"I prefer to listem to MARGMA rather than topglove"

huh if tg titanic collapse all other gloves follow sink la

plus some here ask us follow the owners/tycoons ? confused la

Posted by invest_malaysia > 2021-06-30 12:54 | Report Abuse

Wahlao @pjseow, at first you say you trust the director of glove companies rather than analyst. Now they mentioned might back to previous pandemic price. Then you say you trust MARGMA. If MARGMA also say the same thing how? You trust your imagination?

Like what @glovesoff mentioned. Topglove is the big boss. It sinks all other glove maker will sink as well.

Posted by xiaomixiaohai > 2021-06-30 12:56 | Report Abuse

After kicked out of klci list next is heading into becoming penny stock. Good progress....

Posted by strattegist > 2021-06-30 13:04 | Report Abuse

red

Posted by strattegist > 2021-06-30 13:04 | Report Abuse

merah

Posted by glovefinish > 2021-06-30 13:04 |

Post removed.Why?

Posted by GlovesOff > 2021-06-30 13:08 | Report Abuse

Today we no need ot la ... TG director himself kasi kamikaze hehe

Posted by pjseow > 2021-06-30 13:09 | Report Abuse

Observatory , Beary and Toneefa , I happened to find this article. We can ask.more.specific questions in the next AGM which will be held in either late Aug or September.

------------------------------------------------
https://klse.i3investor.com/m/blog/kianweiaritcles/2020-12-11-story-h1537534273-5_things_I_learned_from_the_2020_Supermax_AGM_Shak_Chee_Hoi.jsp

Posted by MoneyMakers > 2021-06-30 13:12 | Report Abuse

Desperate glovers only believe anyone that says ASP upupup

TG boss latest say ASP drop to prepandemic, die2 dont believe also..prefer to believe Harta boss comments 6months ago (make ownself feel better)

Posted by glovefinish > 2021-06-30 13:15 |

Post removed.Why?

Posted by GlovesOff > 2021-06-30 13:17 | Report Abuse

2020 article? Chart also see 2020 one haha