with current trade war situation, even if China manage to build factory in short period of time and produce million/billions of glove per month, US n EU will still prefer not to buy from them. China is US biggest threat as world's leading economic. The US government recently announced that it will be increasing the tariff rate on imports from China, from 10% to 25%, on an estimated US$200bil worth of annual imports. and fyi, half of US glove imports from China were vinyl gloves and Vinyl gloves are commonly used in non-medical fields. As such, there could be potentially higher demand for rubber gloves, which will benefit Malaysian glove makers.

Meanwhile relations between China and the European Union have soured over the China mishandling of the covid19 pandemic, with the EU now emphasizing more autonomy. Some EU members are pursuing policies to slash their dependence on China. So, again it will benefit Malaysia glove makers greatly.
btw, latest news, China ordered state-run companies to stop the purchases of some U.S. products such as soybeans n pork... so sifu, who's stock to buy next? 

I have been doing some trading these few months which include oil and gas stocks such as Hibiscus. Unfortunately, it was a 100% failure rate. Conversely, it was a 100% success rate with the glove stocks. Go figure.

Therefore, I really have no comment on Hibiscus.

Maybe the other forumers here can share their views.

CMCO ended. Begins RMCO. Will the stock market fly again?

Or will the gloves counter crash? Who knows..

Hi All,

What do you think about Energy and OIL and Gas Stock...

https://www.pickastock.info/comparison/sector/ENERGY



Now the Brent Crude Price now hits $4++ already.
I still hold VELESTO and HIBISC.

Sea of green for all regional markets. The unemployment data officially sent all the bears packing.

Somehow people overlooked china data. Clearly second largest economy not that influential yet.

Just to be safe, better keep some money on the side.

airport counter might see surges in coming weeks with domestic travel reopening and international travel soon

those who want to goreng can consider

Singapore Airlines ?

Yup; hav gone up a bit but no choice other counters offer faster and shorter ROI.. SIA is Long haul ctr

Yes i agree, profit taking and FOMO for some 

Ok lets wait for the QR then.

Profit taking is true, it's out in the papers for the glove stocks.

However, don't underestimate the power of the herd thinking, it does work. 

https://www.freemalaysiatoday.com/category/...against-ex-ceo/

US stocks Red. Gloves going down tomorrow?

I panic bought Supermax yesterday at 8.77 will keep till tomorrow.. hopefully no more corrections after QR released

good!

i have it at 16.80.

let's see if we can get at least a few packets of nasi lemak!

glove counters went soft just now.... stay alert!

i was expecting all to be on the rise today due to TopGlove QR but it's all in red.

Without margin, trading volume will be considerable smaller.

funny fact..
will rakuten and maybank ..... later ???

just wait for evidence of real regional rebound to buy, if no rebound stay out, the trend is still down.

i entered at 50 cents

will wait patiently and TP at 60 cents 

fundamentally the company is still decent