I think today is catch up day, 11 go to 12 should be no problem

Same question here...... TG been "quiet" today.

can buy TG now? or got potential to go lower?

ya weih that's why glove counters not moving, sien, steal away the spotlight

Except HARTA!

Seems my prediction is wrong

Just added 300 shares at 11.02

Maybe will go to 11.50 this week

Instant break 12!

If I TP now and all in Kossan will it be stupid? hahaha
Since they will always wanna catch up to each other.

anyone can explain on supermax's situation today? big sharks pumping it up? so many retail buyers chasing the high?

I wanna ask - if you put in an order before 12.30pm and 4.45pm, and it matches with what you wanted, will it still go through?

Frenzy on Bursa eases off as KLCI fails to retain gains

KUALA LUMPUR: The trading frenzy eased off in late afternoon on Thursday as heavy churning of penny stocks took a breather while the FBM KLCI failed to hold on to its gains.

At 5pm, the KLCI was down by 0.25 of a point of 0.02% to 1,583.25 while year-to-date it is down 0.35%.

Earlier at 3.30pm, the KLCI had managed to erase the year-to-date losses. However, some selling of Petronas-linked stocks including MISC weighed on the index in late trade.

Turnover on Bursa was 10.23 billion shares valued at RM5.18bil. However, trading volume was unable to beat the previous day's record of 11.807 billion shares.

On the external front, most of the key Asian markets closed higher with China's Shanghai Composite Index up 1.39% and the SCI 300 1.4% higher. Japan'e Nikkei 225 rose 0.4%, Hong Kong's Hang Seng Index 0.31% but Singapore's STI lost 0.43%.

The ringgit managed to climb 0.22% against the US dollar to 4.2625.

US light crude oil fell 11 cents to US$40.79 and Brent eked out one cent to US$43.30.

Petronas Chemicals fell 12 sen to RM6.44 and erased 1.48 points, Petronas Gas 32 sen to RM16.68 and wiped out nearly one point while Petronas Dagangan skidded 54 sen to RM20.46. MISC fell 15 sen to RM7.85. Dialog eked out one sen to RM3.87.

AirAsia staged a mild rebound to climb 4.5 sen to 75 sen with 184 million shares done.

The low-cost carrier received support from certain financial institutions for its funding request of more than RM1bil.

Its CEO, Tan Sri Tony Fernandes said of this debt funding, a certain portion would be eligible for the government guarantee loan under the Danajamin Prihatin Guarantee Scheme in Malaysia.

PDZ, which jumped in very active trade with over one billion shares done on Wednesday, shed 1.5 sen to 19 sen with 589.13 million shares done.

Fintec, VC, AT Systemization, MQ Tech, Mlabs, Iris and Luster were among the very active stocks.

However, Supermax continued to rally, surgeing RM1.58 to RM12.44, Top Glove added 64 sen to RM21.18 and lifted the KLCI by 2.67 points while Hartalega ended the day 18 sen to RM16.60 and added 0.94 of a point.

Bursa rose 52 sen to RM8.52 with over 10 million shares done as it benefits from the surge in trading volume.

Among the banks, Public Bank climbed 50 sen to RM18.50 and powered the KLCI three points, RHB added four sen to RM5.10, Maybank was flat at RM7.91 while CIMB and Hong Leong Bank lost four sen each to RM3.76 and RM14.50.

Crude palm oil for third month delivery rose RM7 to RM2,414 per tonne. IOI Corp added three sen to RM4.50 but KL Kepong and PPB Group lost 12 sen each to RM22.52 and RM17.82. Sime Plantation was down nine sen to RM4.96.

Tenaga lost eight sen to RM11.48, IHH seven sen to RM5.27, Genting three sen to RM4.12 and GentingM two sen to RM4.12.

US spot gold rose US$5.84 to US$1,814.73.
https://www.thestar.com.my/business/busines...to-retain-gains

July 3rd comparison chart...



Current chart ... just taken...

added in Kossan cos got complain...

Supermax kena goreng kau-kau. It's like you playing Blackjack, and bet double with a 10 point card. Get Ace or picture, will win big. But if a 2 or 3, you're in trouble.

Kossan still have big potential to rise higher. Tomorrow is Kossan's AGM, and depending on what they report (which is definitely profit, but how much?) will see them accelerate. And EPF lending a hand recently in boosting its prices.

Harta is brewing like coffee - still in progress, but turning out to be a good nice cup. The directors wanting to buy back shares shows just how good the coffee will be.

And TG is a delicious Wagyu beef. Nice but expensive. The price might put some away, but once you get a piece, you will savour. Every. Last. Bite.

Supermax's market capitalisation surges past some KLCI stocks

KUALA LUMPUR: The rally in glove makers including Supermax Corporation Bhd, whose shares hit an all-time high of RM12.44 on Thursday, has seen its market capitalisation surge past several FBM KLCI stocks.

Supermax rallied to close RM1.58 higher at RM12.44 and it was the top gainer for the day as investors continued to pile into glove makers due to the ongoing Covid-19 pandemic.

At a market capitalisation of RM16.92bil, it is higher than those of Genting Bhd, Telekom Malaysia and even Sime Darby Bhd.

Stock market data showed Genting's market capitalisation was RM15.97bil, Telekom at RM15.66bil and Sime Darby was RM14.42bil.

However, Supermax's capitalisation is lagging behind the big boys -- Top Glove Corporation Bhd and Hartalega Bhd -- which are in the KLCI.

Top Glove's capitalisation was at RM57.07bil and Hartalega RM56.24bil.

Slowly catching up to Supermax is non-KLCI glove maker, Kossan Rubber Industries Bhd, whose market capitalisation was RM14.93bil.
https://www.thestar.com.my/business/busines...ome-klci-stocks

By end of the year, all 4 could be on FMBKLCI......

How high can these glove stocks fly? Seems like never ending