Posted by MoneyMakers > 2021-07-26 20:19 |

Post removed.Why?

Posted by hanna20 > 2021-07-26 20:19 | Report Abuse

Aiyooo. Really bad days for super

Big decrease

Posted by myinvestor > 2021-07-26 20:20 | Report Abuse

Coronavirus: New cases in United States surpass India's once again

https://www.newsbytesapp.com/news/india/coronavirus-india-update-on-july-26-2021/story

Posted by pjseow > 2021-07-26 20:24 | Report Abuse

After almost 10 days of rebound, citadel and money re appeared when there is a big correction today.

Posted by myinvestor > 2021-07-26 20:28 | Report Abuse

The implementation of a windfall tax on companies that are making money is a non-consistent policy which will a send a wrong signal to investors and shoo them away from investing in the country, said Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz.

Posted by ToneeFa > 2021-07-26 20:47 | Report Abuse

@planta Windfall tax will not work. If it’s implemented we can wave goodbye to all fdi. Who the hell want to do business in a country with windfall tax?
Govt at most ask gloves tauke to donate out of courtesy only, but that’s behind the scene.
26/07/2021 8:15 PM

If 3% windfall tax on net profit for all companies that made >100mil for FY2021, should be reasonable, as burden shared across the board public and non public companies. Amount should less previous donations paid out.

Posted by ToneeFa > 2021-07-26 20:50 | Report Abuse

@pjseow After almost 10 days of rebound, citadel and money re appeared when there is a big correction today.
26/07/2021 8:24 PM

They finally got paid by their bosses. Payment got deferred due to overclaim. They kept spamming non stop but yet the Supermax price kept going up.

Posted by Start_0f_the_bull > 2021-07-26 20:51 | Report Abuse

When windfall tax is mentioned by someone that is not in power such as the Muar MP and couple of days ago the Langkawi MP it just doesn't carry any weight, no doubt it did cause some shiver on glove counters.

Posted by ToneeFa > 2021-07-26 20:53 | Report Abuse

@onhands Smax earning per share RM0.3883
26/07/2021 8:10 PM

Prediction is quite right but MommyHomeMakers would not agree with you. But who cares

Posted by ToneeFa > 2021-07-26 20:57 | Report Abuse

@Start_0f_the_bull When windfall tax is mentioned by someone that is not in power such as the Muar MP and couple of days ago the Langkawi MP it just doesn't carry any weight, no doubt it did cause some shiver on glove counters.
26/07/2021 8:51 PM

Maybe the guy got some reward to push for this windfall tax. After all, when one is not in power why keep harping on it? He also manage to convince his atok to push for it. Question is why this is so important for them to bring up ? Really no reason at all , except hmmm...

Posted by ToneeFa > 2021-07-26 20:59 | Report Abuse

@hanna20 Aiyooo. Really bad days for super

Big decrease
26/07/2021 8:19 PM

No worries, its good opportunity to buy on dip. But only for long term holder, coz short term the shortists can move the price at their whims and fancies.

Posted by ToneeFa > 2021-07-26 21:02 | Report Abuse

Tonite could be another meltdown on Wallstreet and looks like Covid chart could continue its uptrend movement.

Posted by onhands > 2021-07-26 21:20 | Report Abuse

just started towards all time high !
Dow
35,061.55
+238.15(+0.68%)

@ToneeFa Tonite could be another meltdown on Wallstreet and looks like Covid chart could continue its uptrend movement.
26/07/2021 9:02 PM

Posted by myinvestor > 2021-07-26 21:23 | Report Abuse

Hang Seng down (-1129).

Posted by dianatrader > 2021-07-26 21:29 | Report Abuse

-0.23 is quite big decrease.

TG was decreasing also, but not so large number comparing to Super

Posted by onhands > 2021-07-26 21:39 | Report Abuse

China implement common Knowledge Economy policy affected hkex counters and regions trying to make fast money from China as academic providers

Posted by ToneeFa > 2021-07-26 21:41 | Report Abuse

@onhands just started towards all time high !
Dow
35,061.55
+238.15(+0.68%)
26/07/2021 9:20 PM

Its -40 la.

Posted by ToneeFa > 2021-07-26 21:50 | Report Abuse

https://timesofindia.indiatimes.com/world/rest-of-world/children-are-dying-of-covid-at-an-alarming-rate-in-indonesia/articleshow/84747251.cms

Hundreds of children are dying in Indonesia. This is evil Covid new victims. This will strike new fear to the society in general. Hospitals must be prepared for this.

Posted by ToneeFa > 2021-07-26 21:54 | Report Abuse

https://www.theguardian.com/commentisfree/2021/jul/26/covid-young-people-england-virus-spread-uk

Will Covid become a disease of the young? The world is watching England to find out.

One year into the pandemic, richer countries embarked on a mass vaccination programme to protect not only older age groups but entire adult populations. The success of vaccines in weakening the link between hospitalisations and deaths is clear (although the link is not completely broken). With vaccinated adults now largely protected from the severe consequences of Covid-19, the questions for children have changed. In the UK, there has been a surge of infections among children and adolescents. These will only increase when the school year starts again in the autumn.
Will Covid become a disease of the young? Will children who suffered under restrictions for 18 months now have to face a wave of infections with unknown consequences? There’s no good path forward until we have approved vaccines for all age groups. Until then, we need to continue to have an open and honest debate about how to put children first, protect their health, education, and general welfare, and listen and learn from other countries discussing this same issue.

Posted by planta > 2021-07-26 22:17 | Report Abuse

U expect ASP always stay at the peak? Isn’t that naive?
ASP is still much higher than prepandemic. Demands are still growing.
Selling one box of glove at rm10 (peak) and two boxes (higher demand) at rm5/box, either way, it is still making rm10. Duhh
=======================

MoneyMakers Planta What use demand strong but ASP/profit drop b’coz supply-demand normalisation??

Share price reflection of future profits, not ‘demand’

Prepandemic profit = prepandemic share price (65 sen)..cannot deny this

Posted by myinvestor > 2021-07-26 22:26 | Report Abuse

https://www.freemalaysiatoday.com/category/nation/2021/07/26/windfall-profit-tax-may-frighten-off-investors-dewan-told/

Posted by GlovesBurnHand > 2021-07-26 22:36 |

Post removed.Why?

Posted by ToneeFa > 2021-07-26 22:42 | Report Abuse

@myinvestor https://www.freemalaysiatoday.com/category/nation/2021/07/26/windfall-...
26/07/2021 10:26 PM

Tmr gap up in the morning

Posted by Benhobenhobenho > 2021-07-26 22:47 | Report Abuse

https://asia.nikkei.com/Spotlight/Coronavirus/COVID-vaccines/Mongolia-s-mass-jabs-fail-to-suppress-COVID-spread2

Posted by Benhobenhobenho > 2021-07-26 22:49 | Report Abuse

https://www.haaretz.com/israel-news/israel-reports-rise-in-serious-covid-cases-as-virulent-delta-variant-spreads-1.10033362

Posted by yingkang87 > 2021-07-26 22:51 | Report Abuse

Toneefa hopefully la!!! Pls

Posted by ToneeFa > 2021-07-26 23:04 | Report Abuse

No worries Covid uptrend is intact , so gloves uptrend is also intact.

Posted by Maridien2 > 2021-07-26 23:12 | Report Abuse

Thanks to operator, tomorrow can buy cheap.

Posted by MoneyMakers > 2021-07-26 23:37 |

Post removed.Why?

Posted by AdCool > 2021-07-27 01:15 | Report Abuse

recycling rumor again on windfall tax. How much can you tax? Gov already taxing over 20% for corporate tax. Are they going to tax another 20%? The most they can tax is around 5-8%. Nobody would want to start biz here if the gov is taxing over 30%. Many countries tax less than 18%.

Posted by hondacrv > 2021-07-27 08:34 | Report Abuse

July 26 (GMT)
Updates

2,065 new cases and 1 new death in Israel [source]

Updates July 25

1,254 new cases and 2 new deaths in Israel [source]

Posted by Maridien2 > 2021-07-27 08:47 | Report Abuse

There won't be any windfall tax la, later scare off investors when Malaysia need them to come invest the most.

Posted by onhands > 2021-07-27 08:53 | Report Abuse

Stock market news live updates:

S&P 500, Dow and Nasdaq reach Fresh Record Highs

Can Asian markets follow ?

Posted by MoneyMakers > 2021-07-27 09:07 |

Post removed.Why?

Posted by sharemarket21 > 2021-07-27 09:07 |

Post removed.Why?

Posted by nataliekoo > 2021-07-27 09:09 | Report Abuse

No worries, limit up soon !!!

Posted by Sansing > 2021-07-27 09:10 | Report Abuse

Why drop ?

Posted by GlovesOff > 2021-07-27 09:12 |

Post removed.Why?

Posted by GlovesOff > 2021-07-27 09:13 |

Post removed.Why?

Posted by Anaconder > 2021-07-27 09:18 | Report Abuse

Could be due to Windfall Tax appears again

Posted by Start_0f_the_bull > 2021-07-27 09:20 | Report Abuse

Eventually dropping will stop.

Posted by Benhobenhobenho > 2021-07-27 09:22 | Report Abuse

It's an uphill task to tackle this delta variant not even vaccines can be of help.

Posted by HSIF88 > 2021-07-27 09:23 | Report Abuse

Time to add for me at this point.

Posted by Rockers > 2021-07-27 09:24 | Report Abuse

We have backdoor government,with no proven majority so politically unstable so do the Boosa!

Posted by Rockers > 2021-07-27 09:27 | Report Abuse

This type of market suitable for traders but not for long term investors

Posted by GlovesOff > 2021-07-27 09:27 |

Post removed.Why?

Posted by Benhobenhobenho > 2021-07-27 09:28 | Report Abuse

No worry, patience always pay, continue to hold if u are not cash strapped.

Posted by Rockers > 2021-07-27 09:29 | Report Abuse

I saw got monkeys inside loh!

Posted by Timercheng > 2021-07-27 09:34 | Report Abuse

Ya loh! got monkeys shouting inside palaimen!

Posted by GlovesOff > 2021-07-27 09:37 |

Post removed.Why?