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STOCK MARKET DISCUSSION V150
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ZeroSOFInfinity
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Jul 10 2020, 07:21 AM
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QUOTE(AVFAN @ Jul 10 2020, 07:07 AM) will supermax get into fmbklci? .... there is a glove (nitrile included) co. listed on SGX - riverstone. its capitalization is about 1/2 the size of supermax (which is 1/3 of topglove or harta). due to it not listed on bursa, its price has rallied to SGD3.26 but not as much as the bursa listed ones. currently SGD3.26, may still have good upside as new lines come into production now, prices rising. By end of the year, all 4 could be on FMBKLCI......
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ZeroSOFInfinity
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Jul 10 2020, 09:05 AM
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Good morning Kossan holders.... it's a BEAUUUUUUUTIFUL DAY!
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ZeroSOFInfinity
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Jul 10 2020, 09:11 AM
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QUOTE(AVFAN @ Jul 10 2020, 09:09 AM) Yeah, that's why I said all 4.... Kossan was said to be in the reserve list at the moment. Supermax strangely isnt....?
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ZeroSOFInfinity
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Jul 10 2020, 09:15 AM
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QUOTE(AVFAN @ Jul 10 2020, 09:13 AM) there is no stopping gloves, is there?!  Nope. It's back with a vengeance today. And Kossan can hit RM 2 today....
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ZeroSOFInfinity
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Jul 10 2020, 09:42 AM
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QUOTE(XweienX @ Jul 10 2020, 09:38 AM) Today superman very strong 13. Yes, but today the winner will clearly be Kossan. Nearing the RM 1 mark now....
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ZeroSOFInfinity
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Jul 10 2020, 10:07 AM
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QUOTE(Marcus5003 @ Jul 10 2020, 10:04 AM) Harta really hard to breakthrough 17, mayb need to wait till their QR out?  Waiting for directors to buyback shares. Surely they want to buy at lower price, don't they?
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ZeroSOFInfinity
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Jul 10 2020, 10:13 AM
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Kossan just hit RM 1 mark :yeah:
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ZeroSOFInfinity
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Jul 10 2020, 10:16 AM
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Fuhhhhhhhh.... Kossan and Supermax reach RM 1. TG on the way.... Harta is too.
Today is a good day to be a glove lover.
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ZeroSOFInfinity
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Jul 10 2020, 10:19 AM
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QUOTE(silverwave @ Jul 10 2020, 10:18 AM) Haha, i saw that but to increase about Rm1 a day is madness in such a short period.  Just out of curiosity, what was the single highest increase in KLSE history? Any share reach 2.5 or 3 before?
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ZeroSOFInfinity
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Jul 10 2020, 10:24 AM
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QUOTE(AVFAN @ Jul 10 2020, 10:23 AM) man... unbelievable..! TG+harta took KLCI from red to green! little chance to buy if u hesitate this morning. Hey, hey dont forget Kossan and Supermax too....
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ZeroSOFInfinity
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Jul 10 2020, 10:27 AM
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QUOTE(AVFAN @ Jul 10 2020, 10:25 AM) these 2 not in CI yet ma... Well, those 2 are in 1+ range.... Harta and TG are catching up. I wonder if all 4 can hit 1+ today.... looks really possible.
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ZeroSOFInfinity
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Jul 10 2020, 11:26 AM
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If profit taking happens today, KLSE will fall into the red very quickly.
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ZeroSOFInfinity
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Jul 10 2020, 12:24 PM
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QUOTE(theberry @ Jul 10 2020, 12:00 PM) Basically, anything outside of top 4 gloves = red. Unless change in the afternoon.
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ZeroSOFInfinity
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Jul 10 2020, 12:26 PM
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Kossan boss say will do split of shares when it's time....
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ZeroSOFInfinity
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Jul 10 2020, 12:29 PM
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QUOTE(icemanfx @ Jul 10 2020, 12:28 PM) At current market sentiment, there will be BIG price jump after split. So basically... hold on until that happens?
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ZeroSOFInfinity
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Jul 10 2020, 12:35 PM
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QUOTE(icemanfx @ Jul 10 2020, 12:33 PM) If you believe price will hold or rise until split than hodl else everyone's strategy, risks appetite is different. It does look like it though.
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ZeroSOFInfinity
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Jul 10 2020, 02:07 PM
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Lol got someone in Kossan forum keep persuading ppl to sell the shares because not good, and concentrate on Big 3 only.....
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ZeroSOFInfinity
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Jul 10 2020, 02:39 PM
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Supermax chasing Kossan now..... a lot of their warrants are on the + side.
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ZeroSOFInfinity
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Jul 10 2020, 02:46 PM
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QUOTE(AVFAN @ Jul 10 2020, 02:39 PM) i just read the highlights... quite OK. expansion plans on target; dividends to incr; nitrile:latex 80:20. only thing not so good is the ASP wasn't raised in q1/q2 but will do so in q3/q4. now that all that is known, we'll see if analysts will change their TP's. The thing I liked about Kossan is that they are more stable, and go for long term. What they said are planning is looking to the future. And besides, its the only glove counter being "supported" by EPF so far.....
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ZeroSOFInfinity
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Jul 10 2020, 02:51 PM
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QUOTE(theberry @ Jul 10 2020, 02:48 PM) Correct, but why they do not support Supermax instead, which is about the same price with Kossan? Surely there are a lot of sharks floating around....
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