huntertee If they really can produce gloves before demand start to drop, i dont see why other cash rich big time gloves giant Supermx and TG dont do the same
@imvu ya.. almost 9 days down... but no only mahsing... other glove stock share price also drop... what a shame today, only malaysia market in red other all in green...this so call boleh land... working something without benefit to market and selfish....
if you trust will rebound and green back i think is good chance to buy in... all now concern on the bajet 2021 got windfall tax or not...
but don't forget mahsing glove business on April 2021, they core still property and plastic...
Today would be the 3rd day of increase for logistics sector and therefore, there may be some slight profit taking later today.
Overall trend to remain volatile but the bottom may be near.
Bank Negara OPR meeting is today.
The market may have to rebound either way after major events.
Tonight would be election day for US.
Stock of the day include :
Mah Sing (RM0.89) Double support is seen at RM0.88 1) 20 day moving average. 2) Historical Resistance turned support After correcting 40% from the recent high without much rebound, there may be opportunity to do so at this level. This is just for trading only .
Cl : RM0.87
Disclaimer: Trade at your own risk. This message is not investment or financial advice. This is not buy or sell call. The author will not be held liable for any losses or indirect losses.
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....
roger3211
1,492 posts
Posted by roger3211 > 2020-11-02 15:21 | Report Abuse
actually not want to do glove, but pump up the price to upload only hahahaha