I bought when I was still in uni so luckily that time not a lot of money yet, only 700 shares, but still, 2k lose 1.5k very pain for fresh grad like me.

aiyoyo lose liao, kossan can close 11, superman cannot

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

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

I have a feeling insurance sector might have some growth towards the end of covid season. Health sector is because many current needs to be "cured", after all "cured", people might go towards prevention. Just 2 cents.

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.

This post has been edited by XweienX: Jul 9 2020, 03:24 PM

Today superman very strong 13.

10 am, superman already back to today's high, I think today at least gonna test 14 a bit liao

Wasn’t this already shared around yesterday? Was sharing it with a few of my friends last night.



This post has been edited by XweienX: Jul 10 2020, 09:50 PM

If I’m not wrong, the trading limits only apply to KLCI counters right?

They probably expecting Kossan and Superman get in KLCI soon so they don’t want you all play play with it anymore hahaha

Deleted your post bro?

hard to find undervalued stock in bull market, because many are overly optimistic now seeing our index going up lately.

glove counters esp superman and tg are moving like crazy. see also scared.

Any rumour* is extra fuel, buy on the rumour sell on the news haha

My friend bought careplus 2 weeks ago thinking the optimism will overflow, but as we all know last 2 weeks besides big 4 other glove counters either didn’t move or went down.

Now untung la him.

https://klse.i3investor.com/blogs/glovehari...and_SUPERMX.jsp

how now? my FD haven't mature, no money topup now hahaha

(Tradeview Update on Top Glove US Customs & Border Protection Debacle - 16th July 2020) - Dear all, I have just listened in to the Clarification conference by Top Glove with respective fund managers and research houses. Some takeaway for your knowledge :

1. The issue arises primarily due to the recruitment fees paid to agency issues prior January 2019 where activist of NGOs are championing for companies like Top Glove to reimburse workers as part of their human rights argument. This is an old issue which was re-highlighted due to the UK Channel 4 report. Top Glove have played an active part in resolving such practice and is currently prepared to set aside RM 20-50 Million for this matter.

2. Under both subsidiaries which was placed on US Customs Detention list, they contribute 12.5% of total Top Glove revenue / orders and 50% of the 25% (total Revenue from US Markets)

3. The management believes this matter can be resolved in 2 weeks as they have many years of experience dealing with authorities in the US, they have a US office which was set up for over 20+ years. In addition, they hired the consultancy firm which assisted WRP in resolving this matter.

4. The management said generally workers are very happy working in Top Glove and they are long waiting list for foreign workers application abroad as the company takes care of the welfare of the workers. 104 hours of OT limit is strictly followed by the management to prevent any misunderstanding of forced slavery.

5. In the event the gloves are not able to be cleared, the management is not worry of taking the gloves back or diverting to other countries as the demand is huge due to this unfortunate pandemic. It is also hard for the existing customers who ordered to place fresh orders elsewhere by cancelling this order pending their resolution. 1 month wait is nothing compared to the lead time and spot rate a company has to take to make fresh order. If the customer insist on cancelling, Top Glove will return their deposit as gesture of goodwill.

6. Lastly the management is doing everything they can to resolve this matter. They believed the huge shortage in gloves in US particularly will require all parties to work together in resolving this in order to address the needs and demand of the US.

7. In terms of share price impact, the management cited Aspion where the legal tussle / discovery of fraud resulted in the share price plummeting 20% before finally rebounding to what it is today. They have confidence in the company in moving forward as well.

if the % change is larger, bursa can hit circuit breaker faster. maybe that's the plan

I heard there was opportunities to collect at under 20, seems like i missed it in the first 5 seconds.

a quick google search would give you your answer. If you don't find what you're looking for, add "scam" behind the name and search again.