4% only wor, so fast take profit?

If many take profit, price will drop rather than rise.

Only Stage 1 .....

Stage 2 to complete in 1 month ? Even the news say not possible

WHO would not approve as side effect will kill more than covid

https://www.nst.com.my/business/2020/07/605...vemaker-rm55mil

Another glove maker joining the bandwagon..

if it falls to 8.50 or lower on monday, it will be extremely bearish - time to dump, not buy.
9.00 is quite possible.

this one is a tiny outfit, will not affect the big boys.
but as a penny stock, it should be a monster goreng counter next week!

18.5 cents

Looking at what CIMB put, it would be more profitable if hits 8.50.

i had been buying it (and selling) since rm7.

monday, i will buy if it gets to 9.1x.

becos i see it going past 10 next week.

cimb 9.80 is conservative, imo.

of course, if some black swan event... everybody run la...

If i got RM100k to be invested in these usual suspects top three gloves counters, how would y’all do it? Im thinking split 1/3 equally.

Topglove
Supermax
Harta

..

This post has been edited by AVFAN: Jul 4 2020, 08:08 PM

20 lots each for TG and Harta. Rest on SM.

Remember to take pictures and share your progress with us, would be many people's dream to have that much to buy glove stock with hahaha

Haha, thats why i start the question w “If” 😆

I believe many2 big shot players here playing w hundreds of thousands, if not millions.

All the best to us all!

Need to have Super cool emotions to play with this amount! Of course if 100k is like petty cash then surely no emotions when investing it!
Gain big lose big also🤣😬
I’m holding 10 Supermax and 5 TG also shaking looking at the counter.

This post has been edited by aerotec: Jul 4 2020, 07:11 PM

Retailers prefer "lower denomination" stock and drastic jump after stock split is almost certain under current market sentiment, stock split is very likely.

And photos of opened bottles of krug.

think again about the word "playing".

if u check, the directors of these 3 cos. have been buying up hundreds of thousands of their own co. shares.

and u can be sure some local funds, maybe epf is also buying now.

there was a single transaction yesterday topglove 1.3 million shares at rm18.00.

if these 3 cos. each going to reap rm1bil a year in profit, it is not for "playing"!!

this is real biz, good biz, good stocks.

becos their backlog is >1 year, cannot produce enoughl the viruses are not going anywhere, r they?


do not always think when a stock at bursa goes up, it is all retail punters doing ponzi, gambling away.

they do not "play" rm10-20 counters; prefer the penny stocks - check anzo which was just discussed, and the like, those 10sen, 5sen stocks.

thoughts on ANZO? flying atm, kinda cautious

Retailers tend to chase uptrend and the market need retailers to boost volume and set record price.

After >2:1 stock split i.e <RM10, more retailers will buy. Hence, stock split is highly likely.

This post has been edited by icemanfx: Jul 4 2020, 08:41 PM

why not IF we invest with supermax was RM2.00

buy 11,000 shares @ rm 2.00

worth a try on monday...