Posted by ahbah > 2021-12-13 10:49 | Report Abuse

Supermax ... no longer a falling knife ?

or still a falling knife ?

Posted by hoot9e996 > 2021-12-13 10:50 | Report Abuse

is hartalega different from supermax and TG? like harta cushioned the blow best didnt drop like lao sai but still not as bad among gloves counter

Posted by stockpick2me > 2021-12-13 10:50 | Report Abuse

if can drop to 1.20 then good to go? hahahah

Posted by ahbah > 2021-12-13 10:53 | Report Abuse

good to go means what ?

Posted by kentrade888 > 2021-12-13 11:00 | Report Abuse

手套股能卷土重来吗?/前线把关
Nanyang Mon, Dec 13, 2021 10:50am - 4 minutes


自2020年底起，我们已经在谈论手套股的未来，即在去年中冠病疫情的高峰期时，手套的需求和售价经历大涨之后，之后会否面临需求趋软和售价下跌的现象。

鉴于股市投资是前瞻性的，必须指出的是，现在投资者有两个互相矛盾但又貌似合理的看法，在影响着手套股的趋势:

第一个看法，是随着疫苗的出现，疫情将结束，手套需求将下跌。因此，手套股的盈利将回到疫情前的水平。

第二个看法，是随着人民对卫生和健康意识提高，手套需求将保持在高位，尤其是新变种“奥密克戎”（Omicron）出现以后。

回顾一下，即使手套股现在已普遍被视为已到了其超级牛市的尾声，但一些短期催化剂还是可以带来刺激。一个很好的例子，是最近的Omicron变种病毒恐慌引发了手套股的反弹。

Omicron的出现激励了疲软已久的手套股，这令人闻风丧胆的变种病毒已经蔓延到北美、欧洲、澳洲和亚洲，让股价已经徘徊在52周低处的手套四大天王又重新回到镁光灯之下。

有趣的是，麦格里证券研究所（MQ Research）相信Omicron日益严重的新闻，很可能为手套股引起更多买兴，尤其是当投资者很可能会走避一些可能受到病毒影响的领域（旅游、酒店、非必要消费股等）。

麦格里接着预测Omicron的新闻可能激发手套股的涨潮，因此设立起一个手套领域的“底价”，更预测未来可能再出现新的变种病毒来袭，再三激起手套的涨潮。

由于相信Omicron可能致使手套销售量增加，以及变种病毒的新闻会加剧了股价向上的波动，该行上调了手套股的展望。

Posted by jutawansenyap > 2021-12-13 11:00 | Report Abuse

Monitor EDARAN. Market not ok. If ok, it shud exceed 90 cents easily. New contract worth more than 1 year total revenue already. Plus existing contract, shud achieve highest revenue and PAT year 2022.

Posted by Onggal > 2021-12-13 11:06 | Report Abuse

Obviously it is in down trend till it stable at 0.75

Posted by tah16600 > 2021-12-13 11:11 | Report Abuse

From peak Rm12 to 1.37, eyes also pop out lol!

Posted by ahbah > 2021-12-13 11:16 | Report Abuse

Those who were in Supermax n taklat cut loss sure kena veri veri teruk !!!

Posted by Sansing > 2021-12-13 11:38 | Report Abuse

Now too late to cut lost but instead shd top up more

Posted by Plantermen > 2021-12-13 11:59 | Report Abuse

Caught in the same position. EITHER average down or cut loss. Tough choice but gloves are trending lower. We don't know how low is low. Just my own view

Posted by Benhobenhobenho > 2021-12-13 13:00 | Report Abuse

https://www.livemint.com/news/world/omicron-evidence-shows-it-evades-immunity-more-than-other-variants-11639241116199.html

Posted by NatsukoMishima > 2021-12-13 13:44 | Report Abuse

Let me tell u the lowest will be 0.4x - 0.64 !

Posted by kbtsyl68 > 2021-12-13 13:45 | Report Abuse

With all the bad news above glove,it should at least drop 20%.haiz only few cents dropped. I am happy to buy a Mercedez at kancil price.

Posted by kbtsyl68 > 2021-12-13 13:46 | Report Abuse

Hope it will drop to Yamaha motorbike price.

Posted by MoneyMakers > 2021-12-13 13:48 | Report Abuse

Wait 65sen (orig price) topup better..Worse yet to come

This friday @ supermx xdate..nxt friday @ TG xdate..2 bloodbath incoming..will totally collapse by yr-end

Posted by newbie8080 > 2021-12-13 13:54 | Report Abuse

@MoneyMakers

Ex-date for what item?

Dividend, bonus???

Posted by Condom004 > 2021-12-13 14:00 | Report Abuse

I think all glove stock will start loss in coming quarter next year

Posted by ahbah > 2021-12-13 14:06 | Report Abuse

How to top up when the big fire keep on burning our top up moni ?

Posted by MoneyMakers > 2021-12-13 15:11 | Report Abuse

Why would anyone topup in Dec when got 4 bloodbath dates - Supermx xdate 3Dec; TG QR 10Dec; Supermx xdate 17Dec; TG xdate 24Dec

Topup during Dec massacre ofcos burn lo topup moni

Posted by NatsukoMishima > 2021-12-13 15:13 | Report Abuse

Now even havent see qr net loss but price already drop bottemless , really cant imagine will it drop to 30 sens if start qr netloss !

Posted by Biliskecil > 2021-12-13 15:13 | Report Abuse

Almost can say bye bye to pjseow

Posted by monetary > 2021-12-13 15:22 | Report Abuse

haha.... not good to chase ppl out le. let him stay for another day. today is farewell party.

Posted by sharemarket21 > 2021-12-13 15:24 | Report Abuse

See to believe and it would be comforting if one have sold even at the last hike above 2.1. Collateral damages. The latest variants story telling was super successful and again many have threw everything for the short rally. Margin call soon if there is no technical rebound on sight.

Posted by monetary > 2021-12-13 15:30 | Report Abuse

aiya. they always say too low to sell. 5 4 3 2 1.7 very strong 1.6 1.5 very strong. now 1.3 haha...

Posted by MoneyMakers > 2021-12-13 15:31 | Report Abuse

Pjseow exile @ 1.32..still 1sen away

Posted by monetary > 2021-12-13 15:44 | Report Abuse

they nvr realise how bad is the situation. earning has to double in order to achieve prepandemic eps. For TG triple. At the same time facing the greatest competition tat nvr happened before from China n small players. Higher raw material cost as inflation escalating. Last but not least, human right issues also jack up expensed. Ah ha... Cukai makmur. Dooms day for glove industry.

Posted by monetary > 2021-12-13 15:47 | Report Abuse

aiyoyo.... pjsiew can't stay for another day. kikiki...

Posted by NatsukoMishima > 2021-12-13 15:48 | Report Abuse

Today can see 1.2x already before close market ! Glove stocks just like holding a boom cant sleep every night !

Posted by Investor126 > 2021-12-13 15:49 | Report Abuse

Supermax had long gone case already.
But surprised it did not drop much as compared to others.

Posted by LossAversion > 2021-12-13 15:53 | Report Abuse

Was GLOVE BUSINESS being set up for Covid??
So, why gone case as mentioned by Investor126?? If there are companies that cant survive, then it should be those factories/capacities built without economies of scale!!!!

Posted by masterus > 2021-12-13 15:53 | Report Abuse

US imposes sweeping human rights sanctions on China, Myanmar and North Korea
Daphne Psaledakis, David Brunnstrom & Simon Lewis
/
Reuters

December 11, 2021 11:46 am +08

Posted by masterus > 2021-12-13 15:54 | Report Abuse

WASHINGTON: US consumer prices rose last month at a rate not seen in nearly 40 years, the government reported Friday, underscoring how inflation threatens the world's largest economy and President Joe Biden's public support.

The Labor Department's consumer price index (CPI) jumped 6.8 percent compared to November of last year, its biggest gain since June 1982 as prices for gasoline, used cars, rent, food and other goods continued to climb.

Posted by LossAversion > 2021-12-13 15:56 | Report Abuse

@masterus, US also fought our palm oil businesses using health isues, then environmental issues. Have US succeeded in doing so, when our palm oil happily serving the world??? Now, they are trying human rights issue....and I hope the human right of advocating "maskless" will get back to them soon!!!

Posted by monetary > 2021-12-13 16:00 | Report Abuse

no body said glove manufacturers can't survive. we only said tough time ahead. strong headwind.

Posted by cwc1981 > 2021-12-13 16:12 | Report Abuse

Where is the Canada investigation findings? Not finalise in end of November?

Posted by King325462 > 2021-12-13 16:19 | Report Abuse

it is under value already if you check past pre-covid time vs now.

Posted by King325462 > 2021-12-13 16:21 | Report Abuse

retailer investors have no fund to buy, IB isnt dare to buy in, see if you dare to gamble, stock in timing now

Posted by hoot9e996 > 2021-12-13 16:25 | Report Abuse

you think retailers still dare to average down? it everyday drop everyday new low. gloves helped a lot of retailers rich overnight and also burnt those who didnt want to stay away when rally is over.

Posted by Biliskecil > 2021-12-13 16:27 | Report Abuse

Rm 8 ppl buy using margin, Rm 7- Rm 2 also ppl say cheap,, now pushing Rm 1.. another cheap cheap coming, who dare to catch the knife? Cut you until need blood transfusion d, still wanna let them cut more ke? I also sold d my rm 1.5 stock.. lose few hundred d.. maybe 0.65 sen only can masuk.

Posted by pjseow > 2021-12-13 16:39 | Report Abuse

"Top Glove awaits demand pickup from Omicron variant" https://themalaysianreserve.com/2021/12/13/top-glove-awaits-demand-pickup-from-omicron-variant/amp/

Posted by pang72 > 2021-12-13 16:53 | Report Abuse

I am speechless - 1.32

Posted by Investor126 > 2021-12-13 16:56 | Report Abuse

1.31. Almost new low every day since December.

Posted by monetary > 2021-12-13 16:56 | Report Abuse

Note: TG bonus 2to1. Earning has to triple to achieve prepandemic eps.

Posted by monetary > 2021-12-13 16:57 | Report Abuse

If SP has a tough mission. TG has a mission impossible

Posted by alex > 2021-12-13 16:58 | Report Abuse

1.3/2 = 0.65 back to normal ?

Posted by MoneyMakers > 2021-12-13 16:59 | Report Abuse

Ding3 1.31 new low closing..3 days left till friday xdate bloodbath

Welcome to Dec massacre

Posted by MoneyMakers > 2021-12-13 16:59 |

Post removed.Why?

Posted by monetary > 2021-12-13 17:00 | Report Abuse

TG 10% boost in QoQ sale can't even offset HK listing dilution. Not to say triple the earning.

Posted by monetary > 2021-12-13 17:04 | Report Abuse

U sell SP to buy TG. U earn a ticket from Holland to zombieland