Posted by cyl388 > 2020-11-05 21:47 | Report Abuse

Good new
本财年第3季盈利有望按年大涨逾10倍
券商：兴业投银研究
投资建议：买进
目标价：3令吉
闭市价：2.53令吉（截至11月5日）
每股盈利：17仙（2020财年估计）
本益比：13.7倍（2020财年估计）
股息收益率：3.3%（2020财年估计

鉴于今年7月份至9月份的手套平均售价走高，来百利（RUBEREX，7803，主要板工业）本财年第3季盈利有望按年大涨逾10倍，以及取得翻倍的按季增长，股价具32%上行空间。
https://www.klsescreener.com/v2/news/view/749501

Posted by SunTzu1668 > 2020-11-05 22:24 | Report Abuse

Do you trust Morgan Stanley?
https://markets.businessinsider.com/news/stocks/stock-market-outlook-selloff-morgan-stanley-wilson-buy-prices-pullback-2020-11-1029765250

Posted by SIPang > 2020-11-05 22:50 | Report Abuse

Buy in 2.50
Target 3.00 Ada 20% untung oh

Posted by tablesalt > 2020-11-06 00:00 | Report Abuse

Even gov is encouraging investment in glove sector:

https://www.theedgemarkets.com/article/ministry-drafts-plans-keep-malaysias-leadership-rubber-glove-sector

Posted by SunTzu1668 > 2020-11-06 04:53 | Report Abuse

Mercator up 13.74%

Posted by Zuliana > 2020-11-06 07:34 | Report Abuse

Reaching home...
Yahoooo...

Posted by clouud1234 > 2020-11-06 08:43 | Report Abuse

There is a gap need to be close between 2.57 to 2.70.Probably will close the gap today.

Posted by clouud1234 > 2020-11-06 08:46 | Report Abuse

KUALA LUMPUR (Nov 5): The Ministry of Plantation Industries and Commodities (MPIC), through the Malaysian Rubber Council (MRC), is always drafting and implementing short-, medium- and long-term plans to maintain Malaysia's global leadership in the production of rubber gloves.

Minister Datuk Dr Mohd Khairuddin Aman Razali said that under the short- and medium-term plans, MRC will continue to carry out promotional activities overseas, such as participating in international trade expositions together with industry players, organise trade missions and educational seminars, business matching and advertising in international media.

"These promotional activities not only include leading rubber glove markets such as the United States and Europe but also cover most populous countries with high potential like China, India, Indonesia, Vietnam, Brazil and Russia,” he said during the question-and-answer session in the Dewan Rakyat today.

He was replying to a question from Wong Chen (PH-Subang) who wanted to know about the policies planned by the Ministry to strengthen Malaysia’s global leadership in rubber glove production.

Through the long-term plan, Mohd Khairuddin said the Ministry via MRC will focus on boosting investment activities by industry players and empower the downstream rubber industry to improve the competitiveness and value of rubber glove exports from Malaysia.

These include offering incentives for automation and green technology launched in 2019 totalling RM20 million.

To-date, about RM7 million has been approved for 14 projects including procurement of automatic rubber glove packaging, latex dipping and automatic glove stripping machines for automation incentives.

He also said that an industry relations fund was set up to promote cooperation between researchers and industry players to boost research and development and innovation in the rubber downstream sector.

To date, Mohd Kharuddin said nine companies including Mah Sing Group Bhd, AT Systematization Bhd and Hong Seng Bhd have announced plans to set up new rubber glove factories in Malaysia.

In addition, at least five existing glove companies will expand their respective capacities, such as Top Glove Corp Bhd, Hartalega Holdings Bhd and Supermax, he said.

The Ministry also encourages investment in new rubber glove factories in cooperation with the state government such as in Terengganu where a local rubber glove factory is having talks with a State government-linked company to set up a plant in Kerteh, Terengganu.

Posted by kdginvest > 2020-11-06 09:20 | Report Abuse

Government support gloves
https://www.theedgemarkets.com/article/ministry-drafts-plans-keep-malaysias-leadership-rubber-glove-sector

Glove share price will fly after budget tabling today.

Posted by TheTitanic > 2020-11-06 09:21 | Report Abuse

im already immune to price fluctuations....

Posted by TheTitanic > 2020-11-06 09:24 | Report Abuse

no emotion already, dead inside. been tracking gloves since january...

Posted by TheTitanic > 2020-11-06 09:24 | Report Abuse

sometimes lose sometimes win, part of the game

Posted by Snowpiercer > 2020-11-06 09:28 | Report Abuse

anything below RM3 is a strong buy

Posted by Nicolas Nelson Ong > 2020-11-06 09:39 | Report Abuse

Good morning, London .......!

Posted by Nicolas Nelson Ong > 2020-11-06 09:40 | Report Abuse

Beware morning wont surprise cos T2 +1

Posted by Shayidbai > 2020-11-06 09:58 | Report Abuse

Friday green

Posted by clouud1234 > 2020-11-06 10:18 | Report Abuse

Titanic,me 2

Posted by samsungtrader > 2020-11-06 10:25 | Report Abuse

its okay guys.. just enjoy the ride.. its just beginning.. if u wanna sell, sell by the end of next week... as we said, reversal if strong... but beware of London bridge.. and I think, it will not fall today and early next week..

Posted by clouud1234 > 2020-11-06 10:27 | Report Abuse

beware of elliot wave,12345 wave complete,now in B wave.After B wave will follow by C wave(downtrend)

Posted by clouud1234 > 2020-11-06 10:28 | Report Abuse

If B wave still not ending,will still go up.If B wave end then C wave will start

Posted by clouud1234 > 2020-11-06 10:31 | Report Abuse

If B wave end and C wave start,maybe can consider to take profit and then buy back when C wave end.Just my personal opinion.Not necessary true.Do your own research.Good luck guys

Posted by SunTzu1668 > 2020-11-06 10:33 | Report Abuse

https://www.theedgesingapore.com/capital/results/ug-healthcares-earnings-surge-over-70x-227-mil-1qfy2021-higher-revenue?utm_source=WeekdayEDM&utm_medium=email&utm_campaign=FREE

Posted by clouud1234 > 2020-11-06 10:34 | Report Abuse

Wave A, B, and C
Wave A: Corrections are typically harder to identify than impulse moves. In wave A of a bear market, the fundamental news is usually still positive. Most analysts see the drop as a correction in a still-active bull market. Some technical indicators that accompany wave A include increased volume, rising implied volatility in the options markets and possibly a turn higher in open interest in related futures markets

Wave B: Prices reverse higher, which many see as a resumption of the now long-gone bull market. Those familiar with classical technical analysis may see the peak as the right shoulder of a head and shoulders reversal pattern. The volume during wave B should be lower than in wave A. By this point, fundamentals are probably no longer improving, but they most likely have not yet turned negative

Wave C: Prices move impulsively lower in five waves. Volume picks up, and by the third leg of wave C, almost everyone realizes that a bear market is firmly entrenched. Wave C is typically at least as large as wave A and often extends to 1.618 times wave A or beyond

Posted by clouud1234 > 2020-11-06 10:37 | Report Abuse

Fibonacci Ratio Relationship

• Wave B = 50%, 61.8%, 76.4% or 85.4% of wave A
• Wave C = 61.8%, 100%, or 123.6% of wave A
• If wave C = 161.8% of wave A, wave C can be a wave 3 of a 5 waves impulse. Thus, one way to label between ABC and impulse is whether the third swing has extension or not

Posted by samsungtrader > 2020-11-06 10:38 | Report Abuse

so bikin pening la wave abc ni clouud.. haha..

Posted by clouud1234 > 2020-11-06 10:40 | Report Abuse

haha,hope can remind everyone only.Only those who know eliot wave baru paham.

Posted by clouud1234 > 2020-11-06 10:42 | Report Abuse

actually elliot wave not hard to learn.can search at google,i also learn from searching google

Posted by clouud1234 > 2020-11-06 10:43 | Report Abuse

not necessary every stock will have 8 series of EW occured.

Posted by clouud1234 > 2020-11-06 10:45 | Report Abuse

hope EW not happen in Rubberex and keep going up,but i sold already just now,i buy at end of A wave and sell near end of B wave.

Posted by Nicolas Nelson Ong > 2020-11-06 10:49 | Report Abuse

Kids, Londom bridge is falling down .....

Posted by TheTitanic > 2020-11-06 11:08 | Report Abuse

good analysis

Posted by TheTitanic > 2020-11-06 11:08 | Report Abuse

thats very impressive man

Posted by TigerWoods > 2020-11-06 11:14 | Report Abuse

I made RM24k just by using his analysis

Posted by Safrul1060 > 2020-11-06 11:16 | Report Abuse

Next rm 3

Posted by samsungtrader > 2020-11-06 11:33 | Report Abuse

need to learn that trading strategy.. as for me.. im using the simplest one.. Price Action trading strategy..

Posted by TheTitanic > 2020-11-06 11:39 | Report Abuse

there was someone saying there will be tax increase on profitable sectors just now thats why rally on hold, is this true can some1 verify.

Posted by kdginvest > 2020-11-06 12:42 | Report Abuse

GLOVE STOCKS WILL FLY AFTER BUDGET TABLING TODAY, BUY BEFORE IT IS TOO LATE.

Posted by SunTzu1668 > 2020-11-06 14:25 | Report Abuse

Target price up to RM3.00
https://www.theedgemarkets.com/article/rhb-raises-earnings-projections-target-price-rm3-rubberex

Posted by kentrade888 > 2020-11-06 15:00 | Report Abuse

The glove windfall tax is coming.

Posted by Morpheus61 > 2020-11-06 15:02 | Report Abuse

WHO advices " We must prepare for the next pandemic"

I guess that means governments are advised to stockpile Gloves :)

Posted by Morpheus61 > 2020-11-06 15:02 | Report Abuse

https://shrts.in/MAsP

Posted by Snowpiercer > 2020-11-06 15:12 | Report Abuse

Doesn't really matter on additional tax. Below RM3 is a strong buy.

Posted by dusti > 2020-11-06 15:15 | Report Abuse

RHB has. TP of 3.00 for Rubberex

Posted by Pandu1 > 2020-11-06 15:41 | Report Abuse

1.18mil asking for 2.60. Is d director selling again?

Posted by TheTitanic > 2020-11-06 15:55 | Report Abuse

if no1 sell, how can it drop? xD

Posted by kdginvest > 2020-11-06 16:15 | Report Abuse

GLOVE STOCKS WILL FLY NEXT WEEK, AFTER TODAY 2021 BUDGET TABLING.

Posted by AkuOhsem > 2020-11-06 16:29 | Report Abuse

Kalau close atas 2.58 hari ni mmg cantikk.... GO GO GO!!

Posted by kdginvest > 2020-11-06 16:36 | Report Abuse

NEXT MONDAY RUBBEREX SHARE PRICE WILL BE RM3 & ABOVE.

Posted by horaceqsh > 2020-11-06 16:41 | Report Abuse

@pandu, tis is control price.

Posted by GuguGaga > 2020-11-06 17:54 | Report Abuse

Top 4 glove companies kossan, topglove, supermax and hartalega will contribute in total RM400 million to govt to fight covid19.