the price should be at least going to reach RM4+. that's why it will increase. the news like nothing to me. haha. if not tomorrow maybe next day. sooner or later rm4+ will come
Release it soon. Other glove stock jump, it only increase a bit. When others go down, it follow same rate. I feel those big 4 will return back a bit after this round goreng, so this stock wil follow other to jump down.
I have arranged and compared with the last Briefing reports, here is the difference for your convenience. Look at page 13 for the ASP hikes for may and June
i see panic selling there..well..indeed history always repeat itself..dun chase the already rocketed counter la dey..later u stucked at peak then can go commit suicide
KUALA LUMPUR: Hextar Rubber Sdn Bhd and Datuk Ong Choo Meng, who offered RM1.80 per share in their takeover of Rubberex Corp (M) Bhd, explained that there was concern among them and the sellers about the surge in the glove maker's share price.
In the circular to Rubberex shareholders on Monday, Hextar Rubber and Ong – the joint offerors -- said the rapid increase in the price of small-cap glove maker Rubberex shares in reaction to the Covid-19 pandemic, “may not be sustainable in the long run”.
“Further, certain stockbrokers had also imposed share margin caps on the trading of glove counters including Rubberex on June 2,2020 as a result of these concerns, ” the joint offerors said.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
partimeshark
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Posted by partimeshark > 2020-07-07 20:26 | Report Abuse
All resolutions in AGM approved