Posted by newbie2201 > 2020-06-05 22:25 | Report Abuse

Inside the annual report already hints coming 3 years good .... some more weak RM benefit to export company .

Plans are already in the pipeline for further investments within the next three years that would double our annual production capacity up to 5.0 billion pieces of disposable gloves by year 2023, with a conservative 25% annual growth rate projection. Capitalizing on our solid customer base and strong track record in the glove business, Rubberex envisions to become a more significant glove player, on par with several of its peers in the industry.
Notwithstanding this optimism, we are also mindful of the inherent challenges for the Group in the year ahead such as the volatility of foreign exchange rates, uncertainty in crude oil prices as well as the rate of recovery of our local and global economies when this pandemic ends.

Posted by Cheo219305 > 2020-06-05 23:04 | Report Abuse

Irregardless good report for rubberex , share price is fall don’t no y?

Posted by kelvin5349 > 2020-06-05 23:13 | Report Abuse

careplus qr result already out...to those still new in investing and asking here, make that as your case study and see whether the current share price is justified or not...and see on Tuesday whether the people are buying or selling the shares so u will know the current share price RM 1.6x is justifiable or not..

so u guys can somehow have some idea how rubberex will react once qr is out, at least u have some idea.

Posted by ben0303 > 2020-06-05 23:17 | Report Abuse

Cheo219305, the drop in the share price is very normal due to profit taking as:

(1) Long week-end and Bursa only resume trading on Tuesday
(2) Risk of world market going down on Monday and stock holders (investors) had no opportunity to sell (run) as Bursa is closed on Monday.
(3) Day traders had earned sufficient profit for the day.
(4) Traders who bought on Wednesday (lowest price) cash out as they have earned really good profit (T+2)

Posted by Cheo219305 > 2020-06-06 10:50 | Report Abuse

Kelvin and Ben thank you for yrs information and explaination . Hopefully all good..... cos I hold 10 lot on 3.77.

Posted by Valueinvestor_007 > 2020-06-06 11:46 | Report Abuse

https://youtu.be/lIsc9pmAsnU

Buy in MMC Corp after sold Rubberex

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

Funny why sell ruberex and buy a company slow slow die. Bad feng Sui.....

Posted by kelvin5349 > 2020-06-06 14:37 | Report Abuse

@Cheo219305 , you are welcome..you should have bought supermax that day when the banks did margin call as most of the glove counters dropped at 30%...i bought supermax at 6.50..

wish you the best and hope you make profits..read comfort and supermax forum also , so you will get additional info and ideas.

Posted by kelvin5349 > 2020-06-06 14:45 | Report Abuse

@Cheo219305 , i want you to read this guy's comment, since this guy talks about comfort, so rubberex & comfort are smaller glove industry player and his comment brings sense..in stock market, u must always study about the company's fundamental and dont depend on hopes but look back on the statistics and fundamental.

read his comment regarding comfort gloves:

https://klse.i3investor.com/servlets/cube/post/yl1231.jsp

Posted by Chuah1995 > 2020-06-06 20:03 | Report Abuse

Guys any comments on share buybacks of 10% from shareholders?


https://malaysiastock.biz/Company-Announcement.aspx?id=1232120

Posted by Chuah1995 > 2020-06-06 20:04 | Report Abuse

Guys any comments on share buybacks of 10% from shareholders ?

https://malaysiastock.biz/Company-Announcement.aspx?id=1232120

Posted by joyvest > 2020-06-06 21:51 | Report Abuse

1995.rubber is having share cap smaller than that of comfort.imgaine if 80% of the shares are held by the directors and their nominees while 20% left in the market ,what do you think of the share price?

Posted by joyvest > 2020-06-06 22:55 | Report Abuse

Kevin.obviously that guy is promoting and defending his counter. No doubt you can work out your expected TP based on your due diligence of the counter with the future EPS and fwd PE.once you have determined your expected TP ,you should stick to it no matter what.you must have faith in your TP. That's why that guy is so defensive of his counter -comfort.based on his due diligence,the expected TP should be 4.50.there is nothing wrong with it but at the end of the day,it is based on market force where if there is no demand for this counter,the share price will be stagnant if no drop.he said "goreng" is against his philosophy of investment but he fails to understand that goreng can generate more demand for the counter bringing it to height,probably reaching his expected TP faster than it thought....

Every investor has it's different TPs.if all are having the same TP,then there is no need to have goreng...

Posted by Croxxx > 2020-06-07 09:04 | Report Abuse

Is KYY still in rubberex ?

Posted by Cheo219305 > 2020-06-07 09:22 | Report Abuse

kYY ?

Posted by ktrader > 2020-06-07 09:26 | Report Abuse

KYY in comfort

Posted by kelvin5349 > 2020-06-07 09:43 | Report Abuse

@joyvest, to be honest, there are many types of traders, one like to goreng and a mid-long term trader..i fall into both categories...no goreng = no quick $ ... let's just be honest la, who doesn't want to make quick $ .....but goreng smartly and know when to exit..

i have goreng many counters and exit. like MYEG, FGV...air asia also can goreng, UMW also can goreng now, just look at UMW share price 5th June, just because sale tax exemption was given, it rose 40 cents up lol....just wait for a good news to be out then see how people sentiment drive the share price up.

Posted by Aramco > 2020-06-07 10:50 | Report Abuse

World Leading Glove ... - WRP Asia Pacific Sdn Bhd
... capacity of approximately 11 billion pieces of glove per year. In line with the expansion, the total workforce of WRP increased to over 4,000 employees' to-date
07/06/2020 10:42 AM

Posted by joyvest > 2020-06-07 11:10 | Report Abuse

Kevin.i tend to agree with you.the rule of the game is to trade smartly be in goreng,mid term or what.....

Posted by Sarara > 2020-06-07 14:53 | Report Abuse

take profit next week, nw too high !!! It time to turn to o&g counter......at least can earn more than 400%

Posted by ktrader > 2020-06-07 15:05 | Report Abuse

Sarara, oil companies can recover back to normal in the coming months ka? That simple huh?

Posted by Invicibletrader > 2020-06-07 15:22 | Report Abuse

PKPB->PKPP, extended till end of August but with much relaxation. I think rubber gloove and healthcare related counters will move upwards, but with lower momentum compared to previous movements.

After 31st August, no more MCO. So, I guess to declining phase of all these counters will happen in mid-July.

Buy but take profit from time to time.

Posted by Matt2020 > 2020-06-07 17:44 | Report Abuse

https://www.theedgemarkets.com/article/aminvestment-glove-selling-prices-will-continue-soar-next-12-months

Posted by Matt2020 > 2020-06-07 17:49 | Report Abuse

Glove is gold now hahaha

Posted by Matt2020 > 2020-06-07 18:12 | Report Abuse

Glove sales up due global demand which makes Malaysia meets approximately 65% of global demand for medical glove

Posted by ktrader > 2020-06-07 18:25 | Report Abuse

Yes Matt, the keyword is global....huge global demand

Posted by Matt2020 > 2020-06-07 18:34 | Report Abuse

Yes I believe company will make profit at least 6-8million or above than that n then next qr the profit will be boost and then they release the bonus issue for price adjustment..just my 2 cents haha

Posted by holidaywindy > 2020-06-07 18:36 | Report Abuse

You guys are so active. Anyone has actually study the examination glove selling price? I just checked from the seller. Before covid19 it was RM10-16(a box with wry of100 PCs) Feb-March RM16. End March-mid Apr RM19. 3rd week of Apr RM25-27. Starting June it’s RM36-38.

Posted by Matt2020 > 2020-06-07 18:37 | Report Abuse

@ktrader enjoy the ride

Posted by YTH888 > 2020-06-07 18:39 | Report Abuse

I realize those sifu who spread fear are the ones who make the most from stock market.

Sifu everyday queue cheap, sifu wants to kena jackpot.

Everyone who lose money on Monday and Tuesday, all those spread fear sifu already eat your money already.

Posted by YTH888 > 2020-06-07 18:46 | Report Abuse

Top glove result is 140mil -200mil. Top glove will hit RM20-23.

Glove bull run start from next Friday onwards.

You know when top glove up 20%, other smaller glove player in the whole industry will be up 50%. The change in smaller player will be bigger than the larger player.

Glove industry up, Rubberex also up a lot.

If all the sifu scare you to sell cheap, they will make more profit.


That is what CIMB, RHB etc is doing on Monday and Tuesday with margin call.

They make 30% profit - from the discount glove share
20% profit for anticipation hype
30% -50% profit from top glove good results.

They want to make 80% to 100% profit snatching people share.

They wipe out 14B from top glove, 14B from Harta, 3 B from supermax and 3B from Kossan.

They make a profit of 34B.

34B you can buy half of Tenaga company or buy the whole CIMB company.

CIMB whole year profit is 4B. They make their 9 years profit on Monday and Tuesday.

Now, you know how the crooks make money.

If bank want to play dirty and face the biggest lawsuit in Malaysian History, 34Billion lawsuit, you know how valuable is your glove stock.

I will sue them for 34B because too many people lose money to them. This is no longer a free market.
US banks will never collude and do insider trading. They will be send to the prison.

I have been studying the glove market for two months. The longer you hold your stock, the more money you make.

You panic sell, you will be the biggest loser.

Because everyone wants a piece of the pie, even the bank crooks, sifu, OTB, KYY and such.

They are queueing all cheap everyday open their mouth and eat all the ikan bilis.

Posted by Jokers2020 > 2020-06-07 19:21 | Report Abuse

karma will hit them hard for their dirty deeds

Posted by ktrader > 2020-06-07 20:33 | Report Abuse

Well said YTH888

Posted by RVI123 > 2020-06-07 23:07 | Report Abuse

@holidaywindy, you got the price from a pharmacy outlet?


Holidaywindy : You guys are so active. Anyone has actually study the examination glove selling price? I just checked from the seller. Before covid19 it was RM10-16(a box with wry of100 PCs) Feb-March RM16. End March-mid Apr RM19. 3rd week of Apr RM25-27. Starting June it’s RM36-38.

Posted by jutawansenyap > 2020-06-07 23:35 | Report Abuse

1 thing is sure, all glove stock will open in red due to very huge contra player

Posted by Matt2020 > 2020-06-08 01:46 | Report Abuse

https://m.alibaba.com/amp/product/50037283162.html see the price

Posted by Matt2020 > 2020-06-08 01:49 | Report Abuse

http://rnf15.com/ rubberex in india

Posted by Matt2020 > 2020-06-08 01:53 | Report Abuse

Total covid cases in India is 247k n new cases by 24hours 9887

Posted by Matt2020 > 2020-06-08 02:09 | Report Abuse

95% of rubberex's products are exported to over 100 countries its main markets being europe,north America n Asia..

Posted by Cosmic > 2020-06-08 02:21 | Report Abuse

Posted by YTH888 > Jun 7, 2020 6:46 PM | Report Abuse

Now, you know how the crooks make money.

If bank want to play dirty and face the biggest lawsuit in Malaysian History, 34Billion lawsuit, you know how valuable is your glove stock.

I will sue them for 34B because too many people lose money to them. This is no longer a free market.
US banks will never collude and do insider trading. They will be send to the prison.

YTH888, message me if you are interested to sue. Perhaps I can assist .

Take care n well done in your investments.

Posted by Matt2020 > 2020-06-08 02:27 | Report Abuse

https://www.rubberex.es/en/ rubberex in spain

Posted by Matt2020 > 2020-06-08 02:30 | Report Abuse

Total cases in Spain 242k n new cases 240

Posted by holidaywindy > 2020-06-08 12:29 | Report Abuse

@RVI123 i got it from a healthcare trading company

Posted by degaht > 2020-06-08 13:13 | Report Abuse

@holidaywindy, eh bro, which website u use? I wanna check other gloves as well and see ruberex one

Posted by Trust > 2020-06-08 13:19 | Report Abuse

Adventa has no glove manufacturing capacity after selling off to Topglove a while back. Just for information as I see some people think otherwise.

Posted by Matt2020 > 2020-06-08 16:29 | Report Abuse

https://edition.cnn.com/2020/06/05/world/coronavirus-cases-rising-faster-intl/index.html?utm_term=link&utm_content=2020-06-08T08%3A00%3A03&utm_medium=social&utm_source=fbCNNi

Posted by Matt2020 > 2020-06-08 18:27 | Report Abuse

Worldwide new covid19 cases by today 136k

Posted by Matt2020 > 2020-06-08 18:28 | Report Abuse

Worldwide total cases hit 7millions

Posted by Matt2020 > 2020-06-08 18:34 | Report Abuse

Good prospect for coming qr I think in 2021 company will expand more their capacity production beyond our expectations..bright future that's great

Posted by Tarrance Schu > 2020-06-08 19:13 | Report Abuse

tomorrow fly again