KUALA LUMPUR (July 16): Rising hopes that a vaccine has been found for Covid-19 caused a knee-jerk share-dumping yesterday of the four biggest glove companies on the local stock exchange — the Big Four glove stocks — all of which have enjoyed a meteoric rise in their share prices in the last four months.
The heavy selldown throughout the trading day erased a collective RM10.5 billion worth of market capitalisation (market cap) from the four counters, namely Top Glove Corp Bhd, Hartalega Holdings Bhd, Supermax Corp Bhd and Kossan Rubber Industries Bhd
overmars what are your intentions to worsen this counter greddy? are u trying to buy cheap share when the price drop? even 2015 and 2019 news also u korek balik... baik hang masuk politic jadi kaki korek
Halo overmars....if I want to buy cheap, there are so many choices in bursa, why must I chose Anzo ? Even AT is much cheaper than Anzo and also involved in glove business. My intention just to highlight the untrustworthy of this Anzo in execute their contracts. If it happened long time ago means it could happen again now with so many questionable in their copper deal and acquisition of the glove company. If someone lie to you do you still trust him ?
Heavy force selling tomorrow morning as millions of shares needed to force sell today have to carry forward to tomorrow. Can try to catch those stocks fall more than 10%.... fast in fast out.
Just imagine with your wise, Why there is no target price and analysis on Anzo from analyst and fund managers involve on the below corporate activities:-
So easily secured huge copper contract that Anzo is not specialise in but CSTME does not buy copper directly
Bought industrial glove company that need long time and huge money to spend on, can it make it?
Why so many innocents bought shares above RM0.20 that from basically 1.5 Sen on the above activities .
another "Wolf of Glove Street" coming out to con investors, these groups have burnt so many ikan bilis in the street...namely AT,ANZO, MQTECH,Permaju, and now MLABS?
Technically there is hope. This stock just made 50% fibonacci retracement from it's top price..just like HLT GLOBAL when it made a big move....now HLT GLOBAL looks good....Anzo too will be!
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....
Anonymous12345678
31 posts
Posted by Anonymous12345678 > 2020-07-16 11:19 | Report Abuse
Bursa jv this counter to con you guys all berita palsulah.