yes i do remembered topglove do half trading to cool down the overreaction although i believe and know the impact will be as huge. anywhere, we also know stanley thai was involved in shares manipulation previously in other company . anything can happen but foreseeing more negative impact than positive
nice, straight to the point . unlike pjsiew(roasted) write long2 but waterfall HAHA ********************** MoneyMakers Alrdy low ASP problem..now lose 50% customer base in oversupplied market..really RIP
all shipments rely on US market? After Topglov, now Supermx. Harta soon? Why they want to hold Malaysia glove companies??????? Give us chance to buy cheap or they want to buy cheap?
Start_0f_the_bull Talk up, talk down, talk 3 talk 4 also no difference lah. The whole week up down few sens only. RM2 also cannot be reached. What's next? Weekend also come to bomb the forum. 17/10/2021 4:19 PM
Management already anticipated this la, u think they are stupiak and wait to get slaughtered even news big big few months back US CBP investigating them? Somemore glove dai gor got whacked hard before their eyes. They would have flag out all the risks long ago and make sure backside covered.
It is as if US is holier than thou are.. US factories doesn't have forced labour or elsewhere. They are better than the rest of the world in treating their workers?? Sure, are US employers so good?
Not optimistic as TG take one year to lift the ban and US is one of Supermax main market but will be bad for all glove makers also if Supermax expect to dump gloves which will fasten the drop in ASP to minimize the impact.
Foreign funds are buying and they will buy more when Supermax share price falls below RM 2.00 level, Supermax expected to dump the Glove at lower ASP which inadvertently will bring down the overall Glove ASP globally so they will be no escape for all the top 7 Glove counters...
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Lanmum
360 posts
Posted by Lanmum > 2021-10-21 14:47 | Report Abuse
@ Yu_and_Mee. Oh no. Just following some market news. Dont quote me. Just sharing. Im not expert.