Posted by skyu > 2021-10-27 09:18 | Report Abuse

yes i am wondering too why so many negative news and continuously popping out , i sounds like glove industry will be an obsolete industry very soon . stay safe and losing in stock market is common thing

Posted by Habisgl0v3333 > 2021-10-27 09:19 | Report Abuse

Anytime for trend reversal

Posted by skyu > 2021-10-27 09:20 | Report Abuse

seems like with the latest target of rm1, there are still big room for it to go down , 90 cents with market value of 2.78 billion

Posted by skyu > 2021-10-27 09:21 | Report Abuse

the kaf did not elaborate further how he define the rm 1, probably he knew impairment lost will be reflected in coming q results

Posted by Habisgl0v3333 > 2021-10-27 09:21 | Report Abuse

Hard to drop to that lvl, bad sentiment already all priced in. But this time I didn't buy , later mm say I ular fifo again

Posted by Benhobenhobenho > 2021-10-27 09:41 | Report Abuse

Buy, buy, buy don't miss the boat Supermax too cheap to ignore

Posted by CITADEL > 2021-10-27 09:43 |

Post removed.Why?

Posted by CITADEL > 2021-10-27 09:43 | Report Abuse

since when ur tone become so humble? @tunafa, buying more or what

Posted by Benhobenhobenho > 2021-10-27 09:44 | Report Abuse

Whatever come down have to go up n up it will when supermax had been pressed down so low n so long

Posted by Sansing > 2021-10-27 09:47 | Report Abuse

Supermx is clear case manipulated by operators . Retail players kena kaw2 if no holding power

Posted by Benhobenhobenho > 2021-10-27 09:52 | Report Abuse

Too long pressed down

Posted by tah16600 > 2021-10-27 09:53 | Report Abuse

Market when gööd ,investment fund manager gave TP Supermx Rm20. Now market no good ,TP Rm 1.5. What a fxxk !

Posted by CITADEL > 2021-10-27 09:53 |

Post removed.Why?

Posted by investmalaysia7777 > 2021-10-27 09:55 | Report Abuse

Until now people still say being manipulated hahahaha

Posted by investmalaysia7777 > 2021-10-27 09:55 | Report Abuse

sor hai

Posted by Maridien2 > 2021-10-27 09:57 | Report Abuse

The UK recorded 40,954 new Covid cases today and 263 more people have died, official figures show.

Coronavirus restrictions are to return to Belgium on Friday, just weeks after they were relaxed, amid rising cases and hospitalisations. The rules include wearing face masks in public places and mandatory masks for staff at bars, restaurants and fitness clubs. Covid passes will also be required to enter.

China has locked down a city of 4mil over 6 Covid cases. Residents in Lanzhou, Gansu, have been told to stay at home as buses, taxis and key rail routes are suspended.

China has locked down a city of 4mil over 6 Covid cases. Residents in Lanzhou, Gansu, have been told to stay at home as buses, taxis and key rail routes are suspended.

https://www.theguardian.com/world/live/2021/oct/26/coronavirus-news-live-african-union-to-buy-110m-moderna-vaccines-nz-to-set-vaccine-mandates-for-40-of-workforce

Posted by Maridien2 > 2021-10-27 09:58 | Report Abuse

The Covid-19 crisis is far “far from finished”, the World Health Organization’s emergency committee has said. The 19-member committee, which meets every three months to discuss the pandemic and make recommendations, also called for research into next-generation vaccines and long-term action to control the virus.

Posted by CITADEL > 2021-10-27 09:59 |

Post removed.Why?

Posted by GlovesOff > 2021-10-27 09:59 | Report Abuse

Glovers really MOU TAK GAO

Posted by newbie8080 > 2021-10-27 10:27 | Report Abuse

@Maridien2

The day ASP starts to drop is the sign of demand decreasing.

Understand the simple law of supply & demand.

Thus, Supermax explosive revenue + profit growth is primarily due to ASP increasing 4x to 5x.

Nobody is ever interested in the annual demand growth for glove story which had been the fact since 50 years ago.

With ASP back closer to its pre-pandemic level, the rally game had ended.

You might want to buy in the next pandemic occurs. Make sure you are the first few who catch it before it becomes a global news.

Posted by investmalaysia7777 > 2021-10-27 11:11 | Report Abuse

some people are thick face enough to keep saying being manipulated la this and that.

Posted by Onggal > 2021-10-27 11:15 | Report Abuse

1.50 soon
Don't hurry to jump in now
Wait .....

Posted by CITADEL > 2021-10-27 11:19 |

Post removed.Why?

Posted by AdCool > 2021-10-27 11:20 | Report Abuse

wait for it. dont enter first. wait for the quarter results.

Posted by pjseow > 2021-10-27 11:32 | Report Abuse

Good analogy, If I have 100 acres of Musangking durian plantation, I wont sell the plantation even when the price of musangking has drop because I know more and more peoples in China know how to enjoy musangking. The demand will grow over the years and the price will also grow in tandem with demand and inflations in the next few years . Those who has the patience will enjoy the rewards but there are always peoples who are jealous . They will try to destroy whatever you have built just like the syndicate in Pahang who tried to destroy the efforts of Raub durian king farmers by chopping down their trees.
------------------------------
GLOVE is just like Musangking durian.
Early phase of the harvest, price is high as supply is limited.
At peak harvest period,price start to come down as supply increase.
End stage, supply keep going up, but demand subside. Price at throw away prices, especially non branded.
Buyer(panic buying) no more around. No more advanced booking, no more fat fat margin...
27/10/2021 11:05 AM

Posted by GlovesOff > 2021-10-27 11:33 | Report Abuse

Pjseow SAU PEI LAaa

Posted by monetary > 2021-10-27 11:38 | Report Abuse

tiu nya sing. my goldfish also turns upside down.

Posted by GlovesOff > 2021-10-27 11:40 | Report Abuse

Game over d when want to WAKE UP ???????
***********
Those who has the patience will enjoy the rewards but there are always peoples who are jealous

Posted by GlovesOff > 2021-10-27 11:42 | Report Abuse

Musangking basi d can make cake . Gloves reject do what ? Massage ????? HandJ*B ???? Hahaha

Posted by see2sea > 2021-10-27 11:51 | Report Abuse

Wow..really below rm2..will consider to buy at rm1 xmas 2021

Posted by sharemarket21 > 2021-10-27 12:05 | Report Abuse

When every negative news converted to be false positive and every real positive development turned to negative to put fear, this is what you got. The whole sector and not just one. Still have no clue what hit us ? Amazing people here....

Posted by pjseow > 2021-10-27 12:07 | Report Abuse

Aiya, All those surplus durians can be used to make durian cakes or tempoyak . This is common knowledge lah.
Tempoyak or fermented durians are like fermented milk which is actually yogurt . Fermented Taufu is Tau Joo which is a delicacy. Fermented grapes turn into wine ....
There is no such thing as basi durians , basi grapes, basi taufu or basi milk. Semua boleh dijual .
-------------------
GlovesOff Musangking basi d can make cake . Gloves reject do what ? Massage ????? HandJ*B ???? Hahaha
27/10/2021 11:42 AM

Posted by CITADEL > 2021-10-27 12:12 |

Post removed.Why?

Posted by GlovesOff > 2021-10-27 12:34 | Report Abuse

Friday macam ada Wind bole Fall ka ???

Posted by Start_0f_the_bull > 2021-10-27 12:50 | Report Abuse

Let Supermax help other gloves counters to drop first.

Posted by monetary > 2021-10-27 12:55 | Report Abuse

in zero sum game we always welcome water fish. kikiki.....

Posted by bulldog > 2021-10-27 13:33 | Report Abuse

Accumulation in progress

Huat chaiii

Posted by MoneyMakers > 2021-10-27 14:14 | Report Abuse

Just resting b4 nxt big drop

Posted by DJoker89 > 2021-10-27 14:29 |

Post removed.Why?

Posted by Ryan83 > 2021-10-27 14:39 | Report Abuse

Supermax CBP ban effect still pushing share price down every day even though short selling less than 1% daily volume transactions

Posted by investmalaysia7777 > 2021-10-27 14:57 | Report Abuse

sor hai pjseow. From RM4 defend until RM1.90 hahahahaha

Posted by pjseow > 2021-10-27 15:09 | Report Abuse

US started cracking down dirty and filty recycled gloves.
---------------------
https://www.bangkokpost.com/opinion/opinion/2204683/take-gloves-off-on-fraud

Posted by MoneyMakers > 2021-10-27 15:16 | Report Abuse

Aiyoo donkey89 every big drop is missed exit opportunity

After nxt big drop, dont dream can get 1.9 level anymore

Posted by MoneyMakers > 2021-10-27 15:25 |

Post removed.Why?

Posted by pjseow > 2021-10-27 15:46 | Report Abuse

MM , Do you mean I cant get at 65 sen anymore ?
---------------------
MoneyMakers The longer price consolidate at this boring range, the harder nxt drop
27/10/2021 3:25 PM

Posted by investmalaysia7777 > 2021-10-27 16:04 | Report Abuse

US crackdown so what??? supermax can export to US??? Harta will be the beneficiary

Posted by Bgt 9963 > 2021-10-27 16:08 | Report Abuse

Down trend !

Posted by pjseow > 2021-10-27 16:09 | Report Abuse

Then Why Harta drop 30 sen yesterday and another 10 sen today ?
------------+++++---------
investmalaysia7777 US crackdown so what??? supermax can export to US??? Harta will be the beneficiary
27/10/2021 4:04 PM

Posted by greedy44 > 2021-10-27 16:11 |

Post removed.Why?

Posted by investmalaysia7777 > 2021-10-27 16:14 | Report Abuse

No need talk so much la @pjseow. Supermax up a lot??? Your analysis got make the price up???