Posted by freddiehero > 2021-09-09 20:22 | Report Abuse

nice.. still high..

Posted by Anaconder > 2021-09-09 20:46 | Report Abuse

Now super cheap with PE less than 2. Using FD to buy is the best strategy

Posted by skyu > 2021-09-09 21:11 | Report Abuse

getting interesting now

Posted by myinvestor > 2021-09-09 21:47 | Report Abuse

KUALA LUMPUR (Sept 9): Remember how the Malaysian equity market was one of the world's hottest, when it outperformed global peers with daily trading volume ballooning to new records?

No, this was not about the go-go years that the baby boomers and Gen-X had in the 1990s before the onset of the Asian Financial Crisis.

The record high trading volume and turnover happened just slightly more than a year ago when retail investors, of whom many were young first timers, flocked to the stock market.

The vibrant trading activities then sparked hope of a rejuvenation of Bursa Malaysia which had seen subdued participation, especially retail interest, in the past two decades. Rubber glove mania, semiconductor boom and the penny stock fever drove investors to pouring money into equities.

https://www.klsescreener.com/v2/news/view/878865/short-lived-interest-in-malaysian-equities-wh

Posted by Solomon7 > 2021-09-09 21:56 | Report Abuse

Another 10 to 20 percent down....

Posted by MoneyMakers > 2021-09-09 22:34 |

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Posted by MoneyMakers > 2021-09-09 22:36 |

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Posted by jwyap > 2021-09-09 22:40 | Report Abuse

rebound tomorrow

Posted by MoneyMakers > 2021-09-09 22:59 |

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

Short selling of glove shares today
topglov 4,971,100 shares worth 17.065 million MYR average price 3.4328 total volume 37846900
supermx 3,054,400 shares worth 8.674 million MYR average price 2.8398 total vol. 20346900
kossan 593,500 shares worth 1.7010 million MYR average price 2.8866 total vol 8444500
harta 107100 shares worth 0.705942 million MYR average price 6.5914 total vol 11051700

percent shorted
top glov 13%
supermx 15%
kossan 7%
harta 0.9%

Posted by MoneyMakers > 2021-09-09 23:16 |

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Posted by joyvest > 2021-09-09 23:25 |

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Posted by MoneyMakers > 2021-09-09 23:38 |

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Posted by Nightrider > 2021-09-09 23:52 |

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Posted by xiaomixiaohai > 2021-09-10 07:08 |

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Posted by TonyBust > 2021-09-10 08:03 |

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Posted by Bgt 9963 > 2021-09-10 09:06 |

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Posted by Timercheng > 2021-09-10 09:09 | Report Abuse

Buy n u will get back your investment+ profit in 2 yrs times as the PE is less than 2

Posted by ncy810116 > 2021-09-10 09:12 | Report Abuse

nice...

Posted by Goldberg > 2021-09-10 09:15 | Report Abuse

TOP Glove Ban Lifted - By CBP

Top Glove has provided additional information to CBP, which CBP believes establishes by satisfactory evidence that the subject disposable gloves are no longer mined, produced, or manufactured in any part with forced labor. 19 CFR 12.42(g).


https://public-inspection.federalregister.gov/2021-19535.pdf

Posted by myinvestor > 2021-09-10 09:18 | Report Abuse

Biden’s top trade adviser, US Trade Representative Katherine Tai, has been vocal about what she describes as China’s “coercive and unfair trade practices”. The tariff exemptions on the medical goods and personal protective equipment are set to expire on September 30."
The Biden administration has already extended the exemptions once.


https://www.scmp.com/news/china/diplomacy/article/3146554/us-considers-extending-tariff-relief-chinese-medical-gear-used

Balance of US trade with China for 1st 7 month still exceed 187b. There is high possibility, the tariff will be installed back on medical products(gloves) of China.

Posted by myinvestor > 2021-09-10 09:22 | Report Abuse

Goldberg, Good news. Gloves stocks limit up today.

TOP Glove Ban Lifted - By CBP

Top Glove has provided additional information to CBP, which CBP believes establishes by satisfactory evidence that the subject disposable gloves are no longer mined, produced, or manufactured in any part with forced labor. 19 CFR 12.42(g).


https://public-inspection.federalregister.gov/2021-19535.pdf

Posted by Youngkid > 2021-09-10 09:25 | Report Abuse

Lau Sai over

Posted by Youngkid > 2021-09-10 09:28 | Report Abuse

Short sellesr better cover if not bedside kena burn!

Posted by tah16600 > 2021-09-10 09:32 | Report Abuse

Not burned lah! but roasted

Posted by tah16600 > 2021-09-10 09:37 | Report Abuse

It is ridiculous for a growth company making abt 4 B selling at such a low price.

Posted by Fklim888 > 2021-09-10 09:38 | Report Abuse

Short seller ...

Posted by Sansing > 2021-09-10 09:39 | Report Abuse

Shortseller habis lah!

Posted by DJoker89 > 2021-09-10 09:43 |

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Posted by Larn > 2021-09-10 09:50 | Report Abuse

if can close yesterday gap down hole would be better, wednesday close price at 3.1..

Posted by Start_0f_the_bull > 2021-09-10 09:51 | Report Abuse

US trade war with China could be the reason.
Later US may impose heavy tariffs on China gloves import. Who knows?

Posted by dompeilee > 2021-09-10 10:12 | Report Abuse

Avg sell price for shorties = $2.84. SLAUGHHTTTTTTERRRRR !!!

Posted by NatsukoMishima > 2021-09-10 10:14 | Report Abuse

CBP ban lifted !
10/09/2021 9:57 AM
X
NatsukoMishima USA not happy about China good relationships with Taliban , more n more trade war will happen n more tariffs will be implement on China imports , good for malaysia gloves stock !
10/09/2021 10:00 AM
X
NatsukoMishima TOP GLOVE CORPORATION BHD ("TOP GLOVE" OR THE "COMPANY")TOP GLOVE MALAYSIA IS
CLEAR AND ALLOWED TO RESUME EXPORTING AND SELLING GLOVES TO U.S.A. FOLLOWING
MODIFICATION OF FINDING BY U.S. CBP
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
10/09/2021 10:11 AM
X
NatsukoMishima Our king is back will fight back with China Intco n all the bull shits over goreng tech stocks especially genetec !
10/09/2021 10:13 AM

Posted by MoneyMakers > 2021-09-10 10:15 |

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Posted by MoneyMakers > 2021-09-10 10:15 |

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Posted by MoneyMakers > 2021-09-10 10:16 |

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Posted by NatsukoMishima > 2021-09-10 10:20 | Report Abuse

USA lifted the ban because they will start new n more tight tension trade war with China ! Maybe the PPE products will be the first target then china businessman will slow down expansions ! Mslaysia glove is still the NO.1 dominant in the world !

Posted by NatsukoMishima > 2021-09-10 10:23 | Report Abuse

China PPE only can donate free to Taliban , western countries reject to buy anymore !

Posted by Habisgl0v333 > 2021-09-10 10:25 |

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Posted by winwin88888888 > 2021-09-10 10:25 | Report Abuse

5073 counter not bad~ got potential might up to 0.69

Posted by NatsukoMishima > 2021-09-10 10:28 | Report Abuse

The sky is clear now with the fight back from our world No.1 king Top Glove !

Posted by myinvestor > 2021-09-10 10:30 | Report Abuse

US must restore 25% tariff on china. China gloves become more expensive and it is better to buy from Malaysia.

Posted by niet > 2021-09-10 10:30 | Report Abuse

Why US lift sanction. USA got a lot of Covid cases. So have to lift mah. LOL

Posted by rr88 > 2021-09-10 10:36 |

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Posted by Iamstilllearning > 2021-09-10 10:38 | Report Abuse

If you see one stock every single price also got big block , then you knew dy.

Posted by Start_0f_the_bull > 2021-09-10 10:39 | Report Abuse

Largest markets for China gloves, Russia, Pakistan, Iran, Uzbekistan, Takistan, New friend Taliban (donation only). LOL