Posted by pjseow > 2021-07-01 15:21 | Report Abuse

Beary , yes. Really.stupxxd write up by cimb.
. Unbelievable.CIMB can write such contradictory statement. Later invest malaysian will say he read wrongly and add SLIGHTLY HIGHER than pre pandemic 。


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Beary I have never seen a more stupeed statement than that in my life. Higher production cost + higher consumption = lower prices???


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The research house expects ASPs per 1,000 pieces to reach US$77 (about RM319.92), US$39 and US$29 respectively in 2021, 2022 and 2023, adding that it is “of the view that ASPs will decline to pre-Covid 19 levels” (US$21 to US$24 per 1,000 pieces) given the higher production costs and higher consumption patterns.
01/07/2021 3:10 PM

Posted by MoneyMakers > 2021-07-01 15:25 | Report Abuse

No worries ur 3.0 will come..these short term goreng dont go far

Posted by Beary > 2021-07-01 15:26 | Report Abuse

They are trying too hard to justify their agenda.

Posted by AdCool > 2021-07-01 15:28 | Report Abuse

Usually with higher production cost, the ASP would be higher amid at a later stage for the manufacturers to adjust their pricing and pass the cost to the customers. it's a norm in the industry.

Posted by MoneyMakers > 2021-07-01 15:36 | Report Abuse

Door alrdy open down to 3.23..will definitely visit that price again

Posted by Benhobenhobenho > 2021-07-01 15:36 | Report Abuse

Looks like someone behind is manipulating the price so that they can collect cheap from weak holders. Just my gut feelings

Posted by glovefinish > 2021-07-01 15:40 |

Post removed.Why?

Posted by Beary > 2021-07-01 15:40 | Report Abuse

LWC and Harta Kuan loading up non stop.

You say cheap or expensive?

You think they know more or the analysts know more?

Posted by invest_malaysia > 2021-07-01 15:47 | Report Abuse

Whatever la. Important is it will go back to pre pandemic price.

Posted by jacklimeu2 > 2021-07-01 15:49 | Report Abuse

Big buy support at 3.30....interesting...

Posted by glovefinish > 2021-07-01 15:51 |

Post removed.Why?

Posted by oldbeginner > 2021-07-01 15:52 | Report Abuse

Everybody been expecting more new comers and therefore lower ASP . Ya, right ! Please do so and the new comers will close shop faster without earning a cent after spending millions to set up the factory. If I was one of the new comers , I won’t go into price war . For what ?

Posted by Beary > 2021-07-01 15:53 | Report Abuse

People say buy until laugh ah...haha

I wish I have more cash.

Such opportunity doesn't come often.

Posted by glovefinish > 2021-07-01 15:56 |

Post removed.Why?

Posted by ToneeFa > 2021-07-01 16:00 | Report Abuse

Got diverted today and bought Serbadk at 0.34 for trading opportunity

Posted by MoneyMakers > 2021-07-01 16:06 | Report Abuse

Glovers saved by 7K cases today..tomorrow different story

Big funds not touching..sharks goreng 10sen, can easily drop back 10sen when they exit

Posted by glovefinish > 2021-07-01 16:07 |

Post removed.Why?

Posted by GloveShortDIE > 2021-07-01 16:08 | Report Abuse

Malaysian will declare tomorrow 2 July as Glove Day to celebrate the downfall of short sellers

Posted by Beary > 2021-07-01 16:08 | Report Abuse

My imagination just told me that the 60% production capacity due to lock down will create another supply bottleneck.

You think that is good or bad for ASP?

Posted by strattegist > 2021-07-01 16:15 | Report Abuse

steady

Posted by MoneyMakers > 2021-07-01 16:16 |

Post removed.Why?

Posted by ToneeFa > 2021-07-01 16:35 | Report Abuse

@MoneyMakers MY underproduction will be taken up by producers in other countries

No urgent demand anymore..ASP will continue to fall

MY huge sales loss b’coz everyone wants to sell gloves now while ASP still high..every month glove inventory losing value
01/07/2021 4:16 PM

May or may not be the case, there's many ways to skin the cat.

Posted by emsvsi > 2021-07-01 16:39 | Report Abuse

All glove investors should diversify their investments to protect their wealth and grow their portfolio

The world moves in cycles - the seasons, economic cycle and recession (10 years), stock market cycle, property cycle, commodities cycle...

1971 Genting Highlands Opens
2021 50 Years of History and Growth

2009 Global Financial Crisis (GFC)
2020 Covid-19 Pandemic (C19)

2009 Year of the Ox (KLCI + 44%)
2021 Year of the Ox

2010 Resorts World Sentosa (SG) opens (1yr after GFC onset)
2021 Resorts World Las Vegas (US) opens (1yr after C19 outbreak)

2009 Mar RM3.08 (low) to 2011 Nov RM11.98 (all time high)
2020 Nov RM2.95 (low) to 2022 RM ????

History always repeats itself

Years of downtrend and bad luck will be replaced with years of uptrend and good fortune

All are welcome to GENTING (3182) the numbawan top pick sure win Recovery + Value + Growth stock in the Year of the Golden Ox

Sincerely,
EMSVSI

Posted by Beary > 2021-07-01 16:40 | Report Abuse

Genting can wait 2 more years.

No thank you.

Posted by MoneyMakers > 2021-07-01 16:43 | Report Abuse

Yeah laa go promote in Genting forum..come here 4 what, soo desperate aa

Posted by Glove666 > 2021-07-01 16:47 | Report Abuse

Dang!! Bought gloves already got burnt, now someone promoted Genting some more. I damn scared double hangus later.

Posted by Bgt 9963 > 2021-07-01 16:55 |

Post removed.Why?

Posted by emsvsi > 2021-07-01 16:55 | Report Abuse

No need two years

In two years Genting will be so far ahead Supermin will be so far behind it will be reminded why it is, and has always been, a second tier glove maker

One year is enough: 1 July 2022

On 1 July 2021: -
Genting (3182) - RM 4.98
Supermin (7106) - RM 3.31


Posted by Beary > Jul 1, 2021 4:40 PM | Report Abuse

Genting can wait 2 more years.

No thank you.

Posted by ToneeFa > 2021-07-01 17:00 | Report Abuse

@emsvsi No need two years

In two years Genting will be so far ahead Supermin will be so far behind it will be reminded why it is, and has always been, a second tier glove maker

One year is enough: 1 July 2022

On 1 July 2021: -
Genting (3182) - RM 4.98
Supermin (7106) - RM 3.31


Posted by Beary > Jul 1, 2021 4:40 PM | Report Abuse

Genting can wait 2 more years.

No thank you.
01/07/2021 4:55 PM

On 1 Oct 2021: -
Genting (3182) - RM 3.00
Supermax (7106) - RM 6.00


Genting to bungkus soon

Posted by MoneyMakers > 2021-07-01 17:05 | Report Abuse

Despo genting traders..prob stuck high until have to come here

Posted by GloveShortDIE > 2021-07-01 17:11 | Report Abuse

GENTING is DOOMED!

Posted by Benhobenhobenho > 2021-07-01 17:14 | Report Abuse

Genting losing millions everyday. Casino closed with no income yet need to upkeep n maintain the resort n remaining staff. U are buying into the future when u buy the share n by the way, still a lot of uncertainties

Posted by GloveShortDIE > 2021-07-01 17:21 | Report Abuse

online Casino now at your fingertips.
GENTING's days are numbered

Posted by invest_malaysia > 2021-07-01 17:21 | Report Abuse

Genting now also 2x of supermax d hahaha

Posted by invest_malaysia > 2021-07-01 17:29 | Report Abuse

Online casino cannot compared with betting inside casinos. The feeling is different.

Posted by Beary > 2021-07-01 17:29 | Report Abuse

Foreign and local funds have been bursa net sellers for months.

The bursa is now heavily supported by retail investors who withdrew their FD due to low interest rates.

The funds cannot hold cash forever.

They need to invest and make profit either through dividends or share price appreciations for their investors.

Year end is coming soon where they need to show their report card.

Where do you think they will put their money?

Which stocks pay the most lucrative dividends?

Which stocks are at the lowest pricing and have the brightest prospects?

Posted by strattegist > 2021-07-01 17:30 | Report Abuse

closed green

Posted by Beary > 2021-07-01 17:34 | Report Abuse

I suspect they will goreng gloves just in time for year end report card.

Any believer?

Posted by Beary > 2021-07-01 17:38 | Report Abuse

Do you find it suspicious that the are so busy down grading gloves now at the height of delta variants?

Posted by invest_malaysia > 2021-07-01 17:41 | Report Abuse

Hahahahaha

Posted by Beary > 2021-07-01 17:41 | Report Abuse

Please don't attack me ok.

I am just imagining things and asking questions.

Posted by Glovefinishretard > 2021-07-01 17:48 | Report Abuse

Glove will fly high again as history will repeat itself! This is 2nd glove monia!

Posted by Glovefinishretard > 2021-07-01 17:48 | Report Abuse

Soon, pretty soon

Posted by invest_malaysia > 2021-07-01 17:50 | Report Abuse

Okay

Posted by ToneeFa > 2021-07-01 17:52 | Report Abuse

@MoneyMakers Walao 6.9K cases today, no wonder suddenly goreng

Just EMCO whole KL/Selangor (3.8K cases @ 55%) let other states loosen up
01/07/2021 3:03 PM

Delta is slowly but surely taking a foothold around the world. More lockdowns are coming. Genting bye bye

Posted by invest_malaysia > 2021-07-01 17:55 | Report Abuse

Wah people here wish delta to spread all around the world? 罪过，罪过，罪过啊！

Posted by MoneyMakers > 2021-07-01 17:58 | Report Abuse

Glover report card this year @ 10% dividen + 50% capital loss

Glover report card next year @ 4% dividen + 80% capital loss

Which ‘big fund’ wants this report card..bilis definitely likes this (still higher return than FD)

Posted by Astronaut > 2021-07-01 18:03 | Report Abuse

No job, about to properly start trading. Bought supermax at 3.8. Hoping for a miracle.

My question is, do i invest in malaysian stocks and just move to US now.

Posted by Beary > 2021-07-01 18:08 | Report Abuse

Let me share with you my personal life experience.

Most of the miserable old poor peoples I met in my life are usually doubting thomases.

They are closed minded and always have this attitude and cynicism that everybody is trying to take advantage of them or cheat them.

I find quite a number of such people in this forum.

Posted by Glove666 > 2021-07-01 18:11 | Report Abuse

I have been struggling all this while whether to still hold or to let go this golden egg. Eventually, all things will come to an end and I have decided to let go everything tomorrow. Perhaps, there is no right or wrong in the investment, PERSISTENCE is something you just need to believe.

I have to admit, this forum is the most wonderful of all. Laughter and tears all this while. Thank you everyone for your every effort. You are the best. Remember, respect each others, please give facts, not lies. You may think that those big shots will never surf this forum, but bear in mind the so called butterfly effects. Every words of yours count.

Cut this crap short. I wish everyone here luck in your investment. The sun will eventually shine after the rain. Maybe Supermx will shine once again in the near future.

Adios. Thank you.