Posted by drago_7 > 2020-09-09 17:11 | Report Abuse

If you all notice, all the Glove counters bosses have been selling for the past 3 weeks. Meaning the were cashing on already and they knew something was about to happen which normal investors did not know. Hey.. come on.. they cannot afford to not to cash out money which they have not seen in their entire life!

Posted by drago_7 > 2020-09-09 17:11 | Report Abuse

RM2 coming.. dont end up catching a falling knife

Posted by startrader > 2020-09-09 17:47 | Report Abuse

If price go down, just top up. No need to sell. This is the nature of share investment. If no more fund to tip up then just hold but don't sell.

Posted by Wind > 2020-09-09 17:51 | Report Abuse

the decision is all up to you whether to cut loss or to average or to hold. don't listen to other people as you are responsible for your own investment.

Posted by keown83 > 2020-09-09 17:55 | Report Abuse

that's an interesting candle this evening..will there be a technical rebound tomorrow? lets wait & see

Posted by kens88 > 2020-09-09 21:28 | Report Abuse

Really hard to accept profit making companies drop like rock.

Rubbish counters holding steady and limit up.

Might need to switch to dividend stocks for the time being.

Let market burn finish all the uncle aunty first

Posted by IbnuShaari > 2020-09-09 21:48 | Report Abuse

in just 5 trading days the drop more RM1.20, as good as the company going to go for bankruptcy situation...really cannot brain for the company that making QR profit RM28Mil dropping like free fall!...

Posted by MasterYoda > 2020-09-09 22:53 | Report Abuse

All this loss of money could be avoided if you listened to Masteryoda warning since a month ago but instead i was cursed,now as a consequences Masteryoda is now deliciously feasting on your cut/contra loss glove stock yummy yummy :)

Posted by keown83 > 2020-09-09 23:46 | Report Abuse

*cough* buy in september *cough* sell in october *cough*

anyway, like i said before..i'm not sure if there'll be another bull run as the previous one is the last super bull..even if there is, it will not going to match previous super bull run..hint no 1: moratorium is going to end..hint no 2: more people starting to run a normal working condition with normal spending expenses..hint no 3: vaccine is getting nearer & nearer

but still, director won't buyback share for nothing

Posted by covid2019 > 2020-09-10 01:20 | Report Abuse

All this loss of money could be avoided if you listened to Masteryoda warning since a month ago but instead i was cursed,now as a consequences Masteryoda is now deliciously feasting on your cut/contra loss glove stock yummy yummy :)

_______________________________________________________________________
bastar* go back to hlt...sohai tiu lei

Posted by keown83 > 2020-09-10 08:06 | Report Abuse

Top Glove buy back shares
HLT bosses recently buy back shares
LKL bosses also recently buy back shares
Rubberex done it earlier

i sensed that something very very interesting are going to happen either next week or end of this month for glove sector..the next rally? lets wait & see

Posted by IbnuShaari > 2020-09-10 10:28 | Report Abuse

scarry looking into price movement, looks like this business is no more hope? why it becoming like that hahh? Nobody will willing to go in, any buyer comeout they will be hit!....worst that PN17 company!

Posted by dalpinia > 2020-09-10 10:40 | Report Abuse

GOOD HEART REMINDER YESTERDAY:


dalpinia: Wake up all!!! Fair PE for gloves are 15-20 the most, no more look at forward PE, the glove price will goes down as normal very soon. Many smart investors already earned enough from March (RM1.3-1.7 to RM 20 before ex, supermx case). What do you think they still stick forever with gloves?????? Think it over again seriously!!!
09/09/2020 5:40 PM

Posted by IbnuShaari > 2020-09-10 10:44 | Report Abuse

any buyer comeout irrespective what price, they will be hit!...seems to be everybody liquidating position!...these gloves company wanted to shutdown business?

Posted by IbnuShaari > 2020-09-10 12:30 | Report Abuse

Phobia now has been planted in trader's mind for these types of companies with this crazy price movement, not sustain, very speculative, the daily price range is too big, people will tend to escape from this disaster when they got a chance. It will not sustain even it is technically rebound...

Posted by stockraider > 2020-09-10 12:44 | Report Abuse

General Raider already warn u all to becareful much earlier as early as 1st sept mah..!

Posted by stockraider > Sep 1, 2020 8:12 AM | Report Abuse X

U all need to understand why gloves are commodities just like rubber, palm oil and say timber loh...!!

If shortage or when demand exceed supply the price the price will shoot up just like in the case of commodity loh..!!

If u plant palm oil....u need minimum 5 years to harvest.

Rubber u need 7 years to harvest

Timber u need 10 years to harvest mah...!!

Do u know how long to put up a gloves factory leh ??
Ans; 6 mths to 1 year loh...!!

Thus u will be in grave danger, if u do not take action now...to reduce the coming glut risk on gloves loh...!

Every countries & every gloves companies in the world are upping their capacity mah....!!

Alot of harm will be arriving soon mah...!!

Gloves is commodities mah....very easy upping capacity loh..!!

NO HARM TO TAKE PROFIT SOME GLOVES, BUY SOME SOLUTION LOH...!!

JUST IN CASE GLOVES OVER CAPACITY COMING FAST PRICE COLLAPSE LOH...!!

Posted by warchest > 2020-09-10 17:12 | Report Abuse

At present, medical gloves are in great demand, but going forward where is the growth in both ASP and volume post FY21. Is there another leg of growth for the glove industry without any epidemic diseases or pandemic? Slew of companies announced their plans to set up plants to produce rubber gloves, increase their production capacity and lines and many countries announced to ramp-up their glove manufacturing in the next 2-3 years. China and Thailand plans to increase their production of gloves to 100 billion per annum. Will it gradually turn from shortages to gluts in the industry for the next 2 years?

Vaccine or its trials may be delayed or paused but we know that we are going to have a proven commercially viable vaccine as time goes by.

For now, the downside for glove counters is high but upside is limited. So risk is high for the return.

Posted by covid2019 > 2020-09-10 22:28 | Report Abuse

you guys are babies in investing....thats why u guys cannot become warren buffet....buffet only picks stocks on fundamentals that makes sense...all this while robinhooders were buying glove stock with only 1 quarterly result for all the glove company and also IB ratings.....which is to be honest- bullshit....after this...all robinhooders will be out and IBS will actually come in....remember moratorium is ending 31st sept....so relax and buy at dip...robinhooders will be out forever after this fall which is good...perfect timing...strong fundamentals, intelligent people talking and actually great value in investing unlike those days...buy now and then sel llater because of idiot investing gurus....so many shit group trying to be investing GURUS....paktua,kimsstockgroup(telegram) ,target klse(telegram and etc...all bullshit..i watched from the sidelines only...now i have put money...been doing this 10 years and counting....chill guys..

Posted by menort > 2020-09-11 06:52 | Report Abuse

https://www.thetradenews.com/bursa-malaysia-rebukes-macquarie-for-market-manipulation/

Posted by menort > 2020-09-11 06:52 | Report Abuse

Macquarie have history of Market Manipulation since 2011.

Posted by Buller888 > 2020-09-11 09:43 | Report Abuse

Today limit up monday limit up!

Posted by denzadesu > 2020-09-11 10:51 | Report Abuse

yeap, market can be manipulate,
thats why we should go back to fundamental,
with covid still around, official vaccine will not be soon,

glove will still be needed.

it will be roller coaster ride, but sure, glove will be in top profit this year, until official vaccine confirmed.

buy on dip, buy some, dont all in.
join the boat or just monitor it cooked.

Posted by IbnuShaari > 2020-09-11 10:52 | Report Abuse

This is only technical rebound after so much fall fews trading days. Take your opportunity to escape before it falling again monday.

Posted by Matt2020 > 2020-09-11 11:07 | Report Abuse

Yummy2 hehe

Posted by IbnuShaari > 2020-09-11 11:30 | Report Abuse

Glove counter very volatile..Today top gainers, monday top loser. be carefull

Posted by SalamSaham > 2020-09-11 12:27 | Report Abuse

i dont know how strong ruberex is.they are no need support from trading volume.compare to comfort or others.

Posted by YongKhai > 2020-09-11 12:34 | Report Abuse

Dato Edxxx Oxx busy frying only... Don't care business.

Posted by keown83 > 2020-09-11 15:25 | Report Abuse

techical rebound across all gloves sector

Posted by Goldgent > 2020-09-11 17:01 | Report Abuse

Remember to Watch tonight 8TV (八度空间) at 9pm

财经十四行：顶级手套"疫"军突起

Live interview with Top Glove boss, Tan Sri Dr Lim Wee Chai.

Posted by Matt2020 > 2020-09-11 17:09 | Report Abuse

Be brave then u make money

Posted by covid2019 > 2020-09-11 18:15 | Report Abuse

woah share buy back?...surely they know theeir results are unnbeliavble for quarter of sept....caaant waaiitit for the QR!

Rubberrex paid 8 mil liggit and stupid harta paid 10 mill linggit being a giant...who will up more...of course rubberrex

Posted by covid2019 > 2020-09-11 18:17 | Report Abuse

KOSSAN = RUBBERREX

Posted by kens88 > 2020-09-11 18:58 | Report Abuse

Long time no see hairy

Posted by FutureGains > 2020-09-11 20:47 | Report Abuse

will be RM1.8. AFTER BONUS..HOOT 9 E

Posted by pumba8888 > 2020-09-12 00:23 | Report Abuse

Good news..new report from Nasdaq..10/9/2020 article :
www.nasdaq.com/articles/ppe-market-booming-on-coronavirus-fears%3A-4-s...

According to Allied Market Research, the global disposable gloves market amounted to $6.8 billion in 2019, and is expected to nearly triple to $18.8 billion by 2027. Malaysia is the world's biggest maker of rubber gloves, accounting for around 60% of global exports. Per the Malaysian manufacturers' association MARGMA, worldwide demand is projected to rise from 296 billion in 2019 to 330 billion this year.

Posted by pumba8888 > 2020-09-12 00:38 | Report Abuse

Huat Huat till 2027!!!!!

Posted by Observers > 2020-09-12 01:06 | Report Abuse

Those who sour glove stocks heat has ended when they drop to new low yesterday, i have already list out my disagreement, and now its proven.
1) Covid19 is there, its far far from being over.
2) Winter is coming, covid19 is getting worse, and remember this is the first winter human have with covid19.
3) Vaccine is still a long way to go. Even vaccine is considered as antidote to glove markets, sooner or later the vaccine will prove theres even higher surge of glove demands for mass vaccination.
4) This is not economy crisis. The drop of glove stocks is temporary before it rebound. Those familiar with how the big companies function knows the surge and drop of stock are actually manipulated by the mother companies. They bought a lot to create an upward trend so more people would pump in their money, when it reach a peak, the companies have to sell to get more cash, in this scenario to build more production lines for the global crazy demand of gloves, thus causing a crash in stock price. Once the stock price reach a new low, the companies could buy at cheaper price to create another uptrend so you and me will follow to pump in our money, then the cycles continue again.
The CEOs of big 4 and small 3 glove companies are coming to an agreement among themselves in their whatapps group of how to manipulate the stock price.

Until today, if u want to play stock, theres is nothing better than glove stocks.

Posted by DreamMaster > 2020-09-12 05:05 | Report Abuse

waah

Posted by DreamMaster > 2020-09-12 05:05 | Report Abuse

up 22.79%!!!

Posted by DreamMaster > 2020-09-12 05:06 | Report Abuse

wtf man

Posted by DreamMaster > 2020-09-12 05:06 | Report Abuse

this is really serious

Posted by DreamMaster > 2020-09-12 05:06 | Report Abuse

crikey

Posted by DreamMaster > 2020-09-12 05:07 | Report Abuse

surged up almost as strongly as topglove

Posted by DreamMaster > 2020-09-12 05:09 | Report Abuse

this stuff is playable, man

Posted by ThePowerOfGlove > 2020-09-12 21:47 | Report Abuse

How do you know that all investors hate share split just like you do

No you don't know that at all not by any stretch

You are simply stating your own one single personal opinion then claiming that it is everybody's position

You are lying through your teeth

Posted by ThePowerOfGlove > 2020-09-12 22:16 | Report Abuse

many people also like share split becos it makes the stock affordable to a greater proportion of the investing community

Posted by JohnFarmer458 > 2020-09-13 01:08 | Report Abuse

On April Ruberex was RM0.80, went up RM4.60 in May and dropped to RM2.XX early June, towards end of July start to rally and reached higher high at RM7 on August. “Those who cannot remember the past are condemned to repeat it.” Many that cutloss during the dip regretted , some tried to chase high back and only able to cover their previous losses while those who believed and preserved end up earning alot more. Many say glove rally has ended, but in truth we havent even finish the first part of glove rally. I believe this glove rally will continue for another at least 3 years. Why i am so confident? If we look at history of outbreak and pandemic for the past 2 decades. This is by far the WORST and most infectious with millions infected and hundred of thousands dead

Sars Outbreak 2002-2004 (less than 10,000 confirmed cases)
H1N1 Outbreak 2009-2010 (with less than 500,000 cases)
Mers Outbreak 2012-2020 (there are still case to date with less than 10,000 cases yet till today we still have new cases surfaces from time to time that means it has not been 100% eliminated)
Ebola Outbreak 2013-2016 (just like MERS from time to time there are still new cases surface with less than total 30,000 cases)

Covid-19 Pandemic 2020-???? - already reaching 30,000,000 cases and with daily new cases reaching 300,000 (despite many countries try to under report by not testing and reconsider some covid postive as negative if they do not show symptom) , with chance of reinfection , and low efficiency of vaccine rushed vaccine with multiple side effect

Do you really believe covid-19 will end this year? or early next year? or even mid next year? as much as I want it to end as soon as possible but lets be real , there is no way with such high infection rate and the world has already missed the window to successfully contain it. The virus has already spread to way too many people for governments all around the world to be able to control the virus not even with a high efficiency virus. We will be living with this situation for years to come

Posted by warrantsmaster0 > 2020-09-13 15:28 | Report Abuse

https://klse.i3investor.com/blogs/trading_warrants/2020-09-13-story-h1513467113-Take_Research_Reports_with_A_Pinch_of_Salt_Glove_Warrants.jsp

Posted by Friendship > 2020-09-13 18:29 | Report Abuse

Rubberex will continue to trend up at least over the next 6 months. Any deep selloff is opportunity to buy more. Vaccine is not a big concern to Glove sector as Glove usage and demand will continue to rise even after vaccines are approved.

For those who are worry about vaccine, you can diversify into Titijaya

Titijaya is both glove and vaccine play. Titijaya is the business partner of Sinopharm. Sinopharm has 2 vaccine candidates at Phase III already. They likely to receive final approval on their vaccine soon and could reach public by Dec 2020.

Posted by mf > 2020-09-13 19:25 | Report Abuse

COVID-19: Universiti Oxford mulakan semula percubaan vaksin
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LONDON: Universiti Oxford, semalam memaklumkan percubaan bagi vaksin COVID-19 yang dibangunkan bersama syarikat farmaseutikal, AstraZeneca akan disambung semula.