$SUPERMX (7106.MY)$ Seems like Glove are ready to move before end of December 2024 with the fund acquired today as below: $HARTA (5168.MY)$acquired by Kumpulan Wang Persaraan 2,000,000 $KOSSAN (7153.MY)$acquired by ABRDN Malaysia S/B 1,669,500 $TOPGLOV (7113.MY)$acquired by Kumpulan Wang Persaraan 3,000,000 Tomorrow is a very exciting day.
After a brief pullback yesterday, glove stocks are on the rise again.$TOPGLOV (7113.MY)$and$SUPERMX (7106.MY)$have seen an increase of over 6.8% today,$KOSSAN (7153.MY)$has risen by more than 3.5%, and$HARTA (5168.MY)$has climbed by over 2.6%. The share prices of these leading manufacturers have still achieved substantial gains since October, rising between 30% and 40% during this period. Notably, Top Glove alone surged over 12.8% in December...
Global markets Markets enjoyed risk-on mode, all 3 indices advanced whereby DJ (+0.69%), S&P500 (+0.61%) and Nasdaq (+1.29%) hit another all-time high, propelled by better-than-expected tech earnings. Fed chair Jerome Powell provided some cautious guidance in cutting rates toward neutral. He pointed to stronger-than-expected economic growth, robust labour market and slightly higher inflation. US 10 years govvy yield continued hovering around 4.18%. Bond fut...
After 44 days, the stock finally broke through my target price! 🎯 It's always rewarding to see patience paying off in the market. Here's a recap: – Minimum Entry Price: RM 1.95 – Profit Achieved: Minimum 15% – Fail Prediction: Faced a pullback of over 6% from the minimum entry price during the holding period. While I’m happy with the result, it did take 44 days of waiting. What do you think? 👉 Is waiting 44 days for a minimum 15% profit worth it? Let me know your thou...
Kenanga IB said that it expects the oversupply “to be less acute and gradually improve, following signs of players culling production capacity via decommissioning of selective plants, and exit of new entrants”. Demand and supply could be balanced by 2026, as long as there is no new capacity and global demand grows 15% annually from increasing hygiene awareness, Kenanga IB added. $KOSSAN (7153.MY)$
Francis LAI S H : Supermax is very poor, no Fund wants it.