At the rate KLSE is going, it's gonna fall to 1400 points by tomorrow.... which is not a good sign.

For supermx I personally think the profits has not been priced in. Hence why I am still holding on the it.
Nevertheless, right now its not glove mania anymore, I got burned hard by carepls and comfort, each counter paper loss now around -30% 

Same bro, I kena even more + Harta

DCA you mean by airlines?

MAHB top gainer in KLCI LOL.

Head and Shoulder formed
PE 144.
2 consecutive quarter: loss-making
Travel restriction until 2H2021
IB analyst gave buy calls LOL

AVOID

Looks like IBs nowadays are bringing ppl to drop from 14th floor.
How about Kenanga Research?

what next?
Airasia and AAX target price RM50 dividend RM1 per share? 

xox 0.225 now. don't say i bojio v2     

Maybe if TG gives a SUPER nice dividend can bounce back?  Anyway I think TG is not doing enough PR to save its share price.  If they want to turn it around they have to engage a PR agency to feed the press with their good news everyday in order to change local retailers sentiment.  At the moment the local retailers like myself are leaving the stock market due to the following reasons:

- moratorium money leaving the market
- foreign funds leaving since 2-3 months ago
- poor market sentiment due to worsening economy and unemployment rise
- blue chip stocks like bank stocks impacted due to expected credit loss after moratorium, OPR cuts
- vaccine news : when got good vaccine news gloves go down and drag the market down.  bad vaccine news market go down because of fears and this drags down gloves.
- US tech stocks go down causing Asian stocks to follow.

Any other reasons I missed?

many think glove doing correction, well its not. downtrend sudah liao

Dragon breathes fire.

Drink water = 14th floor.

Maybe big funds waiting the QR before pushing to new high lol

Cousin call me just after end of morning session. Ask whether can lend 15k since he can only transfer 15k to his trading account today. When inform can do after lunchtime, he told me cannot and needs it by 2pm.

Now I have seen him monitoring both TG and Supemax shares last week on his computer. So I am pretty sure he would have bought some during the fall. And he has a personal banker which helps him manage his money.

So why the urgency to borrow money? There are only 2 reasons I can think of right now.....

1) Either he sustained a lot of losses playing contra or margin account, and needs the money for repayment immediately, or....

2) He might have got wind from his personal banker that both Supermax and/or TG shares is going up this afternoon, and therefore needs the money to put in orders to buy them.

Which one is it, we will know by this afternoon. Maybe I could be mistaken  could be for other shares too.... but we shall see....

Before covid net profit around 100 mil and share price is RM5.xx

So now it's almost 13 fold, fair value should be RM50 / 3 = RM16?

Rip to my account after going into Carepls omg 5 figure loss

the bull and bear pattern is quite similar accross the gloves, i wouldnt say totally same. Its like something being planned. hv been watching them for quite some time.

if more than 5%, they will need to do bursa filing ady.

Come come I share something. This is Heng Yuan share price chart, QR results, and date the QRs were announced. Below are my 2cent commentary

If TG has already hit its peak, it took only 3 months to hit the peak

The bull really started off in May, before the QR was even out, and if early August was the peak, it took TG only 3 months to hit the peak only after 1 bombastic QR .

Heng Yuan took much longer to form its peak - almost 1 year

Heng Yuan on the other hand, the bull started only after 2 quarters of bombastic results (4Q16 and 1Q17), and it didn't reach its peak until 5 Jan 2018 - 1 month after its peak 3Q17 earnings of RM361mil was reported (also about 3 months after KYY posted his first buy call on his website on 8 November 2017). Subsequently, share price nosedived before having a dead cat bounce around 28 Feb 2018, 1 day after the 4Q17 QR was announced - by this time profit has halved to RM183 mil. After that, the bubble broke and it was a sharp fall all the way down before a slow death to pre-bubble level.

If TG hasn't already hit its peak, TG's peak can possibly be much higher?

Even Heng Yuan took a minor corrections right after it released its bombastic 4Q16 and 1Q17 results. This may be what is happening to TG now.
So which is it? Peak already or not??

Up to you to decide.

For me I believe TG's peak is over. Some people might ask why did the peak form so quickly for TG compared to the Heng Yuan bubble? My guess is because unlike Heng Yuan, the TG buying frenzy extended to pasar uncle aunty and even secondary school students (yes my nephew ask me to buy on his behalf). Many people lost their source of income and needed to find alternative source. They see this alternative source in buying TG shares because they heard their friends making big bucks. So they used their excess money (that they now have, thanks to bank moratorium) to bet on the stock markets.

I think it is possible that the bubble cycle has been accelerated in TG's case due to the combination of Covid-19, MCO lockdown, and bank moratorium. The stars are really aligned for a perfect bubble. Now that the moratorium is ending, things are not looking too good.