STOCK MARKET DISCUSSION V150
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 Jul 16 2020, 03:29 PM
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#501
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Senior Member
3,703 posts Joined: Oct 2005  
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QUOTE(james.6831 @ Jul 16 2020, 03:28 PM) those with TG...i suggest just close your browser and don't monitor the price...it will holland until heart attack... I think a better word is "just cut loss now, and rebuy later". |
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Jul 16 2020, 03:31 PM
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#502
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Senior Member
3,703 posts Joined: Oct 2005
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So is RAKUTEN.
What the..... |
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Jul 16 2020, 03:35 PM
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#503
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Senior Member
3,703 posts Joined: Oct 2005
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Wow.....
Forbid of Direct Business Transaction (DBT) Due to Rule 10.10(1) Please be informed that the following stocks will be forbidden from DBT until 4.30 p.m. , as per Bursa Trading Rule 10.10(1). No. Stock Code Stock Name Reason 1 7113 TOPGLOV [Requotation] 2 711363 TOPGLOV-C63 [Requotation] 3 711364 TOPGLOV-C64 [Requotation] 4 711365 TOPGLOV-C65 [Requotation] 5 711366 TOPGLOV-C66 [Requotation] 6 711367 TOPGLOV-C67 [Requotation] 7 711368 TOPGLOV-C68 [Requotation] 8 711369 TOPGLOV-C69 [Requotation] 9 711370 TOPGLOV-C70 [Requotation] 10 711371 TOPGLOV-C71 [Requotation] 11 711372 TOPGLOV-C72 [Requotation] 12 711373 TOPGLOV-C73 [Requotation] 13 711374 TOPGLOV-C74 [Requotation] 14 711375 TOPGLOV-C75 [Requotation] 15 711376 TOPGLOV-C76 [Requotation] 16 711377 TOPGLOV-C77 [Requotation] 17 711378 TOPGLOV-C78 [Requotation] 18 711379 TOPGLOV-C79 [Requotation] 19 711380 TOPGLOV-C80 [Requotation] 20 711381 TOPGLOV-C81 [Requotation] 21 711382 TOPGLOV-C82 [Requotation] 22 711383 TOPGLOV-C83 [Requotation] 23 7113HA TOPGLOV-HA [Requotation] The stocks will only be authorized for DBT at 4.30 p.m. Dealers and remisiers are reminded that the reference price for DBT upon authorization shall be: 1. VWAP from 3.30 p.m. to 4.30 p.m. (traded stocks) 2. Reference price (un-traded stocks) There is no impact to the normal market trading. Please be guided accordingly. |
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Jul 16 2020, 03:39 PM
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#504
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Senior Member
3,703 posts Joined: Oct 2005
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QUOTE(james.6831 @ Jul 16 2020, 03:37 PM) wah hang for so long meh....wtf...top glove that power meh can bring down whole of bursa...hahaha If you noticed, nearly all blue chips fell a lot even before TG resume trading. Apparently this is what we call "mass hysteria". |
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Jul 16 2020, 03:40 PM
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#505
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Senior Member
3,703 posts Joined: Oct 2005
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Anyone remembered this?
https://www.theedgemarkets.com/article/sc-a...ice-limits-klci Now we know WHY it was implemented. |
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Jul 16 2020, 03:43 PM
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#506
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Senior Member
3,703 posts Joined: Oct 2005
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Lol... chaos at ALL the glove related forums in I3.
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Jul 16 2020, 03:49 PM
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#507
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Senior Member
3,703 posts Joined: Oct 2005
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QUOTE(james.6831 @ Jul 16 2020, 03:44 PM) so circuit breaker triggered? from the edge link...seems like suspended for entire session already since 3.30pm? but topglove can bring down whole klci meh...hmmm TG was the hottest stock in KLSE for like months already. 3rd in total behind Maybank and PBB. So if the hottest stock falls like no tomorrow, it has a domino effect on others - and KLSE will end the day VERY VERY BADLY. |
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Jul 16 2020, 03:57 PM
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#508
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Senior Member
3,703 posts Joined: Oct 2005
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QUOTE(AVFAN @ Jul 16 2020, 03:55 PM) read a notice... No. Shit."bursa cease trading today... online platforms all broke down... coincided with resumption of topglove trading, last price rm19.70." believe it or not. Tomorrow it will be gobbled up so quickly, it will reach 21+ in a matter of seconds. |
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Jul 16 2020, 03:58 PM
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#509
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Senior Member
3,703 posts Joined: Oct 2005
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QUOTE(Xp3rT @ Jul 16 2020, 03:56 PM) chill guys, tg still trading on sgx at $6.6 After dropping how much? |
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Jul 16 2020, 04:04 PM
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#510
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Senior Member
3,703 posts Joined: Oct 2005
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Wow, anyone wanna guess what happens tomorrow morning?
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Jul 16 2020, 04:05 PM
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#511
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Senior Member
3,703 posts Joined: Oct 2005
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QUOTE(jianwei90 @ Jul 16 2020, 04:04 PM) dont know what happen to the order i put just now.. so confusing right now One word: "Rejected". |
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Jul 16 2020, 04:08 PM
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#512
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Senior Member
3,703 posts Joined: Oct 2005
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QUOTE(ZeneticX @ Jul 16 2020, 04:07 PM) there will be people not having a good sleep tonight I escaped this morning. Smelling something is up. Luckily. Those who didn't....... good luck tomorrow. |
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Jul 16 2020, 04:13 PM
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#513
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Senior Member
3,703 posts Joined: Oct 2005
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QUOTE(ZeneticX @ Jul 16 2020, 04:10 PM) some sixth sense told me to sell just now... thank god i did. less profit compared to 2 days ago but its still profit. i rather that than not sleeping well tonight Well, I lost some substantial of money, but better than no sleeping well...... |
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Jul 16 2020, 04:14 PM
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#514
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Senior Member
3,703 posts Joined: Oct 2005
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This is from Rakuten. So I guess this would apply the same to other platforms....
QUOTE Dear clients. Be advised that their is an industry wide service disruption connecting to Bursa Malaysia. Currently orders have been rejected by Bursa and we are now awaiting further notification from them on next steps. We will inform you once services resume. We apologise for the inconvenience caused. |
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Jul 16 2020, 04:27 PM
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#515
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Senior Member
3,703 posts Joined: Oct 2005
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QUOTE(annoymous1234 @ Jul 16 2020, 04:24 PM) Top Glove Corporation Berhad My guess would open RM 19+ tomorrow.SGX: BVA 6.58 SGD −0.72 (9.86%) should still be around RM20? |
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Jul 16 2020, 04:42 PM
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#516
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Senior Member
3,703 posts Joined: Oct 2005
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QUOTE(aerotec @ Jul 16 2020, 04:38 PM)  750 continuos sell trnx |
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Jul 16 2020, 04:58 PM
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#517
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Senior Member
3,703 posts Joined: Oct 2005
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QUOTE KUALA LUMPUR (July 16): Top Glove Corp Bhd's share price fell below RM20 in afternoon trades today after it confirmed the US Customs and Border Protection (CBP) had yesterday placed a detention order on disposable gloves manufactured by two of its subsidiaries, namely Top Glove Sdn Bhd and TG Medical Sdn Bhd. At 3:31pm, Top Glove's share price fell RM2.10 or 9.63% to RM19.70 with some 27 million shares traded. Top Glove was Bursa Malaysia's top decliner. Guess we know now where the "starting line" for TG tomorrow is. |
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Jul 16 2020, 06:30 PM
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#518
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Senior Member
3,703 posts Joined: Oct 2005
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QUOTE(Barricade @ Jul 16 2020, 06:21 PM) Previously it didn’t impact TG directly, and previously no Covid. Now totally different story. Just see how the share price goes tomorrow, then buy at lowest. Once TG announce everything OK liao, immediately reap profits.Now we need to see how fast TG clear their name. |
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Jul 16 2020, 06:51 PM
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#519
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Senior Member
3,703 posts Joined: Oct 2005
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QUOTE(AVFAN @ Jul 16 2020, 06:41 PM) during the 16-7 bursa blackout, i went to watch a nice movie.... greyhound 2020... about allied destroyers blowing nazi submarines out of the water in the north atlantic in 1942. nice! My bet? It will. For 15 mins. now i see: 6.49-0.81 (-11.10%) At close: 5:15PM SGT. ok, that's about rm19.86. so, let's see how it goes tmr... if any glove counter will get blown away.  gudluk to all. |
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Jul 16 2020, 07:17 PM
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#520
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Senior Member
3,703 posts Joined: Oct 2005
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QUOTE(kembayang @ Jul 16 2020, 06:53 PM) TOPGLOV Zooom Briefing - Updates on U.S. CBP Detention Order https://klse.i3investor.com/blogs/glovehari...ntion_Order.jsp QUOTE US total revenue is 25% of top glove. 12.5% of the revenue are affected by the hold order. Another 12.5% can still be shipped. WRP took couple of months to resolve this. 2 months after engaging consultant. Topglov is consulting the same consultant with WRP, and believe to resolve this in matter of weeks. Topglov management have not meet with committees from border control. Topglov had 80audits last year. Topglov believe customer will follow through their orders instead of cancelling. Topglov price difference between US ASP and others is 5% for non spot order. Similarly priced for spot order. Topglove safety safety safety. Improve improve. But it seems like topglove management does not show much emphathy. Probably good for our bottom line 16/07/2020 6:29 PMNot totally bad at all. Means after the first 15 to 30 mins of tomorrow's drop, can start picking up the shares already. |
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