Posted by skcm2017 > 2022-02-22 00:09 | Report Abuse

Collected in big numbers..

Posted by MrsLee > 2022-02-22 08:06 | Report Abuse

No dividend counter..

Posted by CUTLOST > 2022-02-22 15:42 | Report Abuse

Rubberex and Endemic phase

Posted by Stockhunter88 > 2022-02-22 18:16 | Report Abuse

Annualise eps, pe20 means max at 0.856.. Whoever bought higher means that it already

Posted by mikeann > 2022-02-22 19:48 | Report Abuse

Excellent results.

Ruberex announced record net earnings of RM185.6 million for financial year 2021.

OTHERS | https://www.klsescreener.com/v2/announcements/view/3504731

Posted by Stockhunter88 > 2022-02-22 19:59 | Report Abuse

Annualise eps, current pe at 10. Not too bad

Posted by M55555 > 2022-02-22 20:52 | Report Abuse

Dividend no?

Posted by Stockhunter88 > 2022-02-22 22:43 | Report Abuse

No such thing as dividend in rubberex. Lol

Posted by Jonathan Keung > 2022-02-22 22:52 | Report Abuse

Previous year record profit generated but not a single sen for the minorities. Big boss channel 180 million from company to invest 20% in the company owning part of Empire city Mall. Believed Rubberex will increase their share ownership of the Mall. Indirectly take out more funds from rubbrex

Posted by CUTLOST > 2022-02-23 12:49 | Report Abuse

Next Joe in the making

Posted by seveyex > 2022-02-23 18:49 | Report Abuse

Excerpt from Press Release: "While Dato’ Eddie re-affirms his support and commitment to the Group’s core glove business, he adds, “This investment is also in line with the Group’s long-term strategy of delivering sustainable growth and returns to our shareholders.”

Ptui!! What RETURNS have you delivered? What sustainable growth will you achieve by taking our money and placing it into a shopping mall that is 10 years in construction with no sign of completion?

Datuk Eddie should be investigated for breach of fiduciary duty - He did not act in the best interest of Rubberex shareholders. Empire City shareholders are laughing their way to the bank.

Posted by Sneakpeek > 2022-02-23 20:15 | Report Abuse

Tomorrow K+ QR loss will send ripple across glove counters....brace for impact ..good luck

Posted by CUTLOST > 2022-02-24 12:18 | Report Abuse

Rubberx change name to Robert

Posted by Citadel123 > 2022-02-24 12:20 | Report Abuse

Posted by John1234 > Oct 30, 2021 9:10 AM | Report Abuse

Haha, somebody is still trying his luck at 40 sen. He thinks this is a fish market or what?

The "Cukai Makmur" is a "one-off" tax measure introduced by the federal government in Budget 2022, whereby earnings above the RM100 million mark will be taxed at a rate of 33%, instead of the blanket 24% rate previously.

Rubberex's profit is likely to drop a lot this year. So, if Rubberex's share price is going to fall "some 26%" as per his prediction on Monday, I can not imagine how much the glove big4 are going to drop on Monday, given that their PBTs are much higher. Moreover, Rubberex has SBB scheme to support its share price, unlike the big4.

In fact, when compared to a windfall tax, the net effect of the extra 9% is probably much lower.

Let's see how smart and accurate he is...
==================================================================================
Sneakpeek Monday drop to 40 because of makmur tax..
30/10/2021 7:05 AM

MANA THIS JOHN, STILL BUYING MORE?

Posted by John1234 > 2022-02-24 13:29 | Report Abuse

Russia has launched a full-scale invasion of Ukraine and this has caused many Bursa counters to drop more today, including Citadel123's favorite tech counters too.

Haha, somebody's wish was not granted! I had followed TheContrarian's approach to sell my Rubberex shares earlier when it shot up to 70+ sen some time ago. But as a gentleman, I do not talk down on the counter after selling. I am waiting quietly on the outside for punters like Citadel123 or Kingbeast to talk down on the counter to buy back much lower or switch to another glove counter(eg top4), when price is good.

I think I have made a right decision by not sharing here. No pressure, but lots of pleasure and leisure! Haha!
=============================================================================
My previous posting here:
As for me, I am okay with the share price either way. Up, I just make do with what I have. Down, I can look out to top up more if the price is "right".
14/11/2021 8.22 AM

Posted by CUTLOST > 2022-02-24 14:19 | Report Abuse

John Pengsan..huge losses

Posted by Jonathan Keung > 2022-02-24 15:26 | Report Abuse

Russia & Ukraine dispute brings more uncertainty

Posted by Nasri > 2022-02-24 23:53 | Report Abuse

swicth gloves to buy oil and gas

Posted by Plantermen > 2022-02-28 10:11 | Report Abuse

Not too late move and switch to Planters { just my own opinion }

Posted by Jonathan Keung > 2022-02-28 11:11 | Report Abuse

Rubberex trendline support at 40 . Once break next support pegged at 36

Posted by cK1973 > 2022-03-01 15:14 | Report Abuse

I m waiting at 0.20. Waiting.....

Posted by Jonathan Keung > 2022-03-02 09:52 | Report Abuse

Trend line support holding strong at 40 sen

Posted by AFIinvest > 2022-03-04 08:39 | Report Abuse

How about rubbish stock today? it's already penny stock.. not good for investment at rubbish stock.. selfish management

Posted by MaluNegaraKu > 2022-03-04 09:10 | Report Abuse

So cantik see all glove related fall from sky - Every day new low and many put Hope to get low but trap

Posted by Jonathan Keung > 2022-03-04 13:12 | Report Abuse

market today bad . Losers outnumber gainers. Rubber gloves hit

Posted by tan5995 > 2022-03-04 15:08 | Report Abuse

Terrible to see trading history, mostly every trading date DROP

Posted by hcthey > 2022-03-04 15:31 | Report Abuse

This is a lousy counter, Board of Directors is stingy and selfish, the company has made 185 millions of excellent profit, but never care of the benefit of the shareholders by declaring not event 1 ct of dividend to shareholders. Without the support of minority shareholders, the company cannot survive. the Directors get big money and benefits from the company once company makes good profit, however, what do shareholders get ?? why this counter keeps dropping its trading price, even though the company made good profit, because other value traders understand that Board of Directors never let shareholders have chance to share profit with them. Other gloves manufacturers declare good dividends yearly to their shareholders, so that they attract more supporters to buy their shares, how about Ruberex ? what do we get from this counter, being a shareholder, I should say, it is nothing. I regret to have purchased this counter. I will sell my shares and shift over to other counters which can pay me good dividend after company making profit. Our main motive to buy shares is to earn some profit including receiving of dividend from investment. Happy trading to all in the market.

Posted by tan5995 > 2022-03-04 16:50 | Report Abuse

luckly i sold all and change to plantation counter

Posted by hcthey > 2022-03-04 17:19 | Report Abuse

tan5995 you are smart and lucky, you have escaped safely. this counter drop further for today. all gloves counters give dividends except this lousy counter. I am trapped and caught. my average cost is about 90 cts. lost heavily.

Posted by citadel888 > 2022-03-04 17:46 | Report Abuse

where are that John ??? disappeared after bought t big at rm 1???

Posted by freddiehero > 2022-03-04 18:55 |

Post removed.Why?

Posted by John1234 > 2022-03-05 09:37 | Report Abuse

This Citadel888 must be busy cutting loss for his tech counters during this period? Look at tech counters, they are in a free fall these days.

Whether I made a loss from selling my Rubberex shares or not, go and check back my past postings. Unlike some, I do not have a habit of deleting my past postings. Haha!

Posted by citadel888 > 2022-03-05 09:47 | Report Abuse

butthurt John??? I am the one told cut loss at rm 1 and you are the one ask others to keep buying, now u still want talk about investment skill???

Posted by John1234 > 2022-03-05 09:58 | Report Abuse

Haha, I did not tell people to buy. In fact, I had told our forumers not to rush in to buy.

Go check back my past postings. Do not bark like a mad dog!!!

Posted by M55555 > 2022-03-07 10:31 | Report Abuse

ini condom apa cerita?

Posted by Jonathan Keung > 2022-03-08 13:55 | Report Abuse

High energy & gas prices { LNG ) bad for glove factory producers.the smaller factories will be hard hit

Posted by MaluNegaraKu > 2022-03-08 15:54 | Report Abuse

Average down also will need jump from KLCC

Posted by M55555 > 2022-03-12 12:17 | Report Abuse

The more i average down the more it go down. Dividend payment also zero.

Posted by M55555 > 2022-03-12 12:18 | Report Abuse

Before 2020, every year pay dividend . After earning tons of many 2020 to 2021 , ZERO dividend

Posted by 8dragon > 2022-03-15 07:45 | Report Abuse

Making tons of money without rewarding the investors...hope that the account is not fraud....

Posted by C_Trust > 2022-03-15 09:36 |

Post removed.Why?

Posted by M55555 > 2022-03-15 11:48 | Report Abuse

Chinese companies that aid Russia could face U.S. repercussions, commerce secretary warns.
Gina Raimondo, the commerce secretary, said the U.S. could take “devastating” action against Chinese companies that defy Russian sanctions.

Ana Swanson
By Ana Swanson
March 8, 2022
Gina Raimondo, the secretary of commerce, issued a stern warning Tuesday to Chinese companies that might defy U.S. restrictions against exporting to Russia, saying the United States would cut them off from American equipment and software they need to make their products.

The Biden administration could “essentially shut” down Semiconductor Manufacturing International Corporation or any Chinese companies that defy U.S. sanctions by continuing to supply chips and other advanced technology to Russia, Ms. Raimondo said in an interview with The New York Times.

The United States, the European Union and other governments have issued sweeping sanctions and export controls in response to the Russian invasion of Ukraine. The export controls prohibit the sale of certain high-tech products, including advanced semiconductors, to Russia and Belarus.

The U.S. export controls apply not just to American companies, but to companies anywhere in the world that use American software or technology to manufacture their products, which include many Chinese companies.

Posted by cwy236833cwy > 2022-03-16 18:25 | Report Abuse

Crap management

Posted by cwc1981 > 2022-03-16 20:39 | Report Abuse

Useless

Posted by Rashdi Hamid > 2022-03-17 14:12 | Report Abuse

The Company is buying back lots of shares recently. Any reason? Is it because the company is diversifying its business? Is it a sign the price is going up?

Posted by M55555 > 2022-03-18 10:51 | Report Abuse

Ruberex diversification into property investment will be fruitful in years to come. But have to wait.
Massive Development Empire City Damansara Kuala Lumpur Malaysia
https://www.youtube.com/watch?v=vQMQ3rnnA7I

Posted by hoot9e996 > 2022-03-18 14:43 | Report Abuse

maybe boss feels bad, selling 1.4 last year then the PP at 0.8
buying back < 40c is cheap anyway

Posted by M55555 > 2022-03-21 11:34 | Report Abuse

All eyes on China situation .

Posted by M55555 > 2022-03-21 12:05 | Report Abuse

https://www.vox.com/22977354/covid-19-outbreak-omicron-ba2-hong-kong-south-korea-china-asia-vaccine

Posted by cK1973 > 2022-03-21 17:31 | Report Abuse

any chance to go back to rm1?? wondering this will happen or not.