John1234 neutralist, you have a valid point. I will be less entertaining/sharing towards the naysayers from now on.

30/08/2021 1:13 PM

Foker Invest everything in PPE, but keep losing money, write down PPE value down by 50%, go into PN 17. Classic PN 17 candidiate

30/08/2021 1:21 PM

Foker Rubberex is very lousy. From RM 86 million profit drop to RM 64 million. Almost 25% decline. Few more quarters it will start to lose money. Rubberex was a lost making company. Dont run now, in the future, you have to run at much lower floor

30/08/2021 2:10 PM

Foker My opinion is better switch rubberex to big 4 glove like Kossan, Supermax, Topglove and Harta. Post pandemic, Rubberex cannot make a profit. Already proven by its drastic drop in net profit.

30/08/2021 2:12 PM

skcm2017 hahahha...keh...keh...keh

30/08/2021 2:15 PM

bpsiah For all your info. the former Chairman, Dato Dr. Teo Tong Kooi was a banker himself for many many years. He knows more than many of us here why not to borrow but instead do a PP.

30/08/2021 2:26 PM

Foker Rubberex Finish. First to drop dead from intense competition. Small player wont survive glove business. Can happily distribute dividends and call it quits. But NOOOOO, Rubberex wants to kamikaze onto big 4 glove maker. So be it. Big 4 wont feel anything, at most a pinch.

30/08/2021 2:36 PM

smyang11 Neutralist, I respect you. But what do u think about the competition faced in the glove sector now? Is a dog eat dog kind of work + China entering market of glove.

Even so, comfort + Careplus are struggling. What makes Ruberex is able to fight and still get market share?

Expansion?

30/08/2021 4:27 PM

ViWizard aiya close red , other gloves green

30/08/2021 4:54 PM

skcm2017 catch at 0.78cts

30/08/2021 4:56 PM

Sneakpeek Counter with qtr profit of RM 67mil has the same share price with HLT with only RM12mil profit..

funny.

30/08/2021 5:17 PM

Valgrovest Foker My opinion is better switch rubberex to big 4 glove like Kossan, Supermax, Topglove and Harta. Post pandemic, Rubberex cannot make a profit. Already proven by its drastic drop in net profit.

I tend to agree with you, Foker. Eventough latest QR reported profit, the boss is so stingy in not giving any dividend. No pint holding their shares - better to sell and buy Topglove which gives very very good dividend.

30/08/2021 5:43 PM

John1234 A counter with only 8.2m quarters profit(as at last quarter) closed at a market price of RM 31.10 today...
https://www.theedgemarkets.com/article/genetec-market-cap-swells-rm15b-share-price-hits-record-high

Funny too, right?

Punters/traders thought this is going to be another Telsa. Haha, really??? Market operator really loves them all!!!

30/08/2021 5:45 PM

Valgrovest Problem with this counter is no dividend declared (most other good performing companies declared some sort of dividend which then attracted investors to buy for dividend and hence price surge). With no dividend who want this ctr and soon the share price will surely drop.

30/08/2021 5:56 PM

smyang11 Sneakpeak, u must be new to stock, Ruberex has bonus issue 2:1 in 2020.

30/08/2021 6:13 PM

smyang11 John. I’m trying to be neutral. What’s Ruberex edge? Cheap and riding in gloves movement? If you notice, other gloves country is always on the green and moving upwards but as for Ruberex is forever red. Even Ruberex is in green, very quickly it will go down.

This shows Ruberex is not people’s favorite counter.

30/08/2021 6:28 PM

John1234 Do you agree that you are a loser? You already condemned this company as a PN 17 company. Why still ask so many questions as if you are buying?

I had kindly asked you to go and invest in blue chips earlier. If you had heeded my advice, you would have caught the right timing as KLCI had move up almost 80 points during this period on some inflow of foreign funds.
https://www.theedgemarkets.com/article/foreign-buying-extends-third-week-surges-rm9643m

Last Fri, I managed to sell off a steel counter which I had bought on the cheap a week ago and made an ROI close to 8%

But what did you achieve? Nonsense comments here and there, I believe!!!
=============================================================================

John1234 Aug 24, 2021 2:31 PM

My advice for you:
If you really want to invest your money, go for blue chips instead. Less price manipulation.
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smyang11 Buy tech better la. At least banker’s favorite. Glove banker never go in at all. So stagnant. Haaha

30/08/2021 7:02 PM

ket4212 happy national day to all

30/08/2021 7:40 PM

smyang11 Hi John, I would like to understand your reasonings only. I said PN17 because why other gloves are going up except Ruberex?

30/08/2021 10:12 PM

John1234 Do you know that you have been very annoying and unappreciative?

neutralist and I had been very obliging to answer most of your queries. But you took our kind gestures for granted and turned around giving unjustified or ill-meaning remarks on the things that we shared!

=============================================================================

smyang11 Hi John, I would like to understand your reasonings only. I said PN17 because why other gloves are going up except Ruberex?

30/08/2021 11:52 PM

Foker Dont challenge big 4. If big 4 angry, they can drop their selling price kaw kaw below your cost price and still make a decent profit.

31/08/2021 1:17 AM

John1234 As gloves company(including big-4 too) investors, we should always guard against any potential over-supply problem as gloves productions are ramped up. But, to the extent that the Covid-19 strains, esp Delta variants, have not been fully eradicated, this over-supply problem seems less acute.

Nevertheless, we must still closely monitor how the Covid-19 situation evolves.

As I have said, never put all eggs into one basket. In my portfolio, I have a combination of blue chips(longer term, for dividends) and small/mid caps(shorter term, for capital gains) stocks.

Someone has once asked me when I will do a top-up on this counter. I could not give a reply as I was still monitoring the current situation, as well as when major shareholder Ong Choo Meng will come in to support his share price. At least, that would give a rough indication how he perceives the companys share price.

==================================================================================
John1234 Aug 23, 2021 1:11 PM

I never actively chased after glove counters like the others during the super bull run days of 2020.

I came into this counter only when it dropped below 1.10 around end March and sold 3/4 of it when it rebounded strongly in Apr. Currently, I still own a small amount of Rubberex shares.

31/08/2021 10:48 AM

Foker No wonder la. Losing money in rubberex thats why need to keep promoting

31/08/2021 6:43 PM

Foker This counter will never return to 1.10. Dont keep hopes. Better sell and buy Kossan or Topglove

31/08/2021 6:43 PM

Albukhary I bought Rubberex because I choose to trust Dato Eddie Ong.

If you look into Malaysia listed company, there is no much of listed company boss that very good in capital market.

In Malay market, previously we have player like Syed Mohktar, Dato Johari, Dato Karim. Especially Dato Karim, he is so good in M&A and he manage to takeover and turnaround few listed company within short period. But unfortunately, now his company is being audited (so I cant comment much while pending the EY report).

In Indian Market, we have Tony Fernanda, Ananda Krishnan, Brahmal Vasudevan, they are very good in capital market.

In Chinese market, Dato Eddie Ong, Kenneth Vun, Yee Wei Meng, these are young and knowledgeable capital market player. They are very good in fund raising, takeover company and turnaround the company.

31/08/2021 6:55 PM

Albukhary So far under the hand of Dato Eddie Ong, Rubberex is the one that most profitable, the profit generated by Rubberex is easily 5 times above his main company Hextar.

With the recent private placement of 80 mil share, I believe there must be something brewing. Who bought these share?

31/08/2021 7:00 PM

John1234 Another joker here!!! Since when did I actively promote Rubberex and tell others to buy? The forumers here can all be the witnesses!!! Do not be a slanderer here!!!

Go and promote your SAM Engineering lah!!! Just plucked figures from the air without elaborating!!! How many shares have you bought already??? Never declare your interest to the forumers there!!!

Stock: [SAM]: SAM ENGINEERING & EQUIPMENT (M) BHD

Aug 30, 2021 2:42 PM

Dont surprise by 2030 RM 2000

Stock: [SAM]: SAM ENGINEERING & EQUIPMENT (M) BHD

Aug 30, 2021 2:42 PM

Dont surprise by year end RM 60

===========================================================================
Foker No wonder la. Losing money in rubberex thats why need to keep promoting

31/08/2021 9:37 PM

Foker Hahaha John you loose so much money in Rubberex still want to talk cock

31/08/2021 10:35 PM

Foker Dont embaras yourself here la. You and that big fan of Eddie and Serba dinamik.

31/08/2021 10:36 PM

John1234 I have already made good money from all my investments. Unlike me, somebody needs to give high implied target prices to lure pp to buy. Haha!!!

His action reminds me of those chaps that appeared on gloves counters threads last year, giving high target prices to encourage pp to chase!!!
===========================================================================
Foker Hahaha John you loose so much money in Rubberex still want to talk cock

31/08/2021 11:03 PM

John1234 I was rather amused by the posting from another forumer on SAM Engineering thread....
-----------------------------------------------------------------------------
superman7181 Those who encourage ppl to buy SAM, just MARK MY WORDS ! I REPEAT MARK MY WORDS that this week gonna drop until your father regret for not ejaculate you on the wall !

31/08/2021 11:32 PM

Foker This John only make money in this 2 years which everyone also made money by throwing darts

31/08/2021 11:37 PM

John1234 Haha, I do not need to promote my blue chips(banks, etc) counters, unlike you!!! At least, I earned decent money!!!
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Foker This John only make money in this 2 years which everyone also made money by throwing darts

31/08/2021 11:43 PM

Foker Dont listen to the newbie. He lost money in Rubberex. How can you lose money when everything is going up?

01/09/2021 12:26 AM

Foker His banking stocks will give him meager 4% return a year. Lololololololol

01/09/2021 12:27 AM

Foker Meanwhile he not satisfied so go buy lousy cheap stocks like Rubberex and lose money

01/09/2021 12:27 AM

Foker Genetec from RM 1 go to RM 30. SAM only RM 14.90 but net profit 10 times higher and got aerospace division.

01/09/2021 12:31 AM

Foker Anyone can see for themselves. Anyone can see semiconductor equipment billings rising to all time high and dozens of fans being constructed over the next ten years. Anyone can tell who SAM customers are.

01/09/2021 12:32 AM

Foker I bet noob John secretly buy SAM while scolding me here. John hates good stock, but he also loves money

01/09/2021 12:33 AM

John1234 Both Genetec and Sam are simply highly inflated(as against their NTAs and quarterly profits) counters on thematic plays currently. They are like overblown hot-air balloons, running a potential risk of deflation or bursting, if big players decide to do a shakeout or exit when the theme plays are over. One classic case in history was the dotcom bubble burst of 2001.

I feel worried for him. At after midnight time, he was still thinking of how to propagate his overpriced stocks here, while others were happily asleep! But I am more worried for the newbies who buy shares under his influence and do not know the potential high risks involved.
-------------------------------------------------------------------------
Foker Genetec from RM 1 go to RM 30. SAM only RM 14.90 but net profit 10 times higher and got aerospace division.
01/09/2021 12:31 AM

Foker Anyone can see for themselves. Anyone can see semiconductor equipment billings rising to all time high and dozens of fans being constructed over the next ten years. Anyone can tell who SAM customers are.
01/09/2021 12:32 AM

01/09/2021 8:13 AM

John1234 They are just not my cups of tea! He is a risk-taker. But I am not. I do not give a damn to how high they can fly.
===============================================================
Foker I bet noob John secretly buy SAM while scolding me here. John hates good stock, but he also loves money

01/09/2021 8:14 AM

Foker He just admitted he is a noob investor.

01/09/2021 9:05 AM

John1234 Haha...a tech investor does not make you any more investment-savvier!
================================================================================
Foker He just admitted he is a noob investor.

01/09/2021 9:12 AM

smyang11 Albukhary - at the end, Ruberex still goes down and down and down. I’m surprised you actually have good impression about the Ong guy. Lol.

01/09/2021 10:09 AM

skcm2017 eyeing for next..steady for rubberex/supermx

01/09/2021 10:55 AM

Jonathan Keung Chart wise. Rubberex MACD not looking good. If break their 77 support base then next resistance at 74 sen.just my own chart analysis

01/09/2021 11:07 AM

smyang11 Ruberex super downtrend. Easily broken bit by bit. Other counters are okay, but not Ruberex. Pity those who hold.

01/09/2021 11:26 AM

eddy888 The reason I start to invest at price 0.785 is the production volume will increase from 2.5B to 10B at mid of 2022. with 300% additional production, although the ASP dropping from USD90 to USD30, Company can still making a big profit. Just do a quick calculation for 10B glove, ASP USD30, profit margin 30%, the FY22 profit will be 360 mil, EPS is 39 cents (915 mil shares). From investment prospective, I willing to hold the share for next 1 year. If company start to distribute dividend next year since 400 mil expenses for prod expansion completed. Then I will consider whether to dispose the share at >RM1 or continue hold the share & enjoy the dividend. This is just my own analysis. You have to invest based on your risk assessment.

01/09/2021 1:36 PM

skcm2017 yes addy888, you are with me. I have retired already... thanks to gloves, NYSE, and others. Invest based on your risk assessment. It is your own money and instinct with knowledge are the game changer.

Listen to people who said such as PN17, broken and etc only.. only begging for money. true...hahaha

01/09/2021 5:54 PM

smyang11 Eddy - good explanation unlike others. Do agree Ruberex has a good expansion plan but my worry is glove will be oversupply (which I don’t think so).

I’m more worried about once ASP has drop or stabilized, the biggest competitor for Ruberex is not the market but is the big 4 and Chinese producers.

That’s why a lot of small players are not able to withstand the competition.

Imagine Ruberex is doing 10 billion. I’m not sure if Ruberex can maintain its sales and still profiting from it.

What do u say? Thank you in advance

01/09/2021 7:01 PM

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