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tcctcc Senior	14-Dec-2021 18:35        tcctcc About Contact  Quote this Post!
x 0   x 0  Alert Admin	Riverstone also produced gloves for usage in cleanroom waferplant. Yesterday Straits Times business section has an article on Malaysia semiconductor firms working hard to meet demand. Unlike Top Glove which revenue drop so much in the latest 2 quarters compare to last year, Riverstone latest 2 quarter revenue was higher than 3Q2020. Hope Mr Wong continue to buy to shut out the shortist.  Midtermer      ( Date: 14-Dec-2021 17:50) Posted: 900 lots from the boss in 3 days. I don't think he is just supporting share price. Something is brewing? vix787      ( Date: 14-Dec-2021 17:47) Posted: You are correct. Average price 0.6
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vix787 Member	14-Dec-2021 18:29        vix787 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sentiment control stocks movement end of the day. If positive, even with short term trader buy n sell daily, price will prone to go up. Becos people will believe long will earn profit than short it. If sentiment bad like pervious EPF selling. People know EPF will sell not base on fundamental but on bad instructions, trader will just short it alongside. Honest speaking I see sentiment haven't u turn yet to great, Mr. Wong buying pause could make the shortist to come back test water. Its up to BB wanna kill the longist or shortist to profit in this situation...... So pray?
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investor999 Elite	14-Dec-2021 18:23        investor999 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Fact is nobody is able to or want to buy so many shares and hold. For current share holders to buy and hold is difficult. The most only a few lots. So if there is some buying an hold from some other parties then will be good.
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FreedomAngelz Veteran	14-Dec-2021 18:18        FreedomAngelz About Contact  Quote this Post!
x 0   x 0  Alert Admin	Just buy and hold. The more ppl holding the stock, the more painful and stressful it is for the shortist.
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vix787 Member	14-Dec-2021 18:07        vix787 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Just keep note shortist will be watching closely on glove stocks. Currently RS movement not with the trend. Bursa gloves not moving much or even still dropping. Top glove SGX reflect that which I assume it mirror the bursa movement. Mr. Wong buying need to be tactical. To counter every selling down to effectively put shortist off. Midtermer      ( Date: 14-Dec-2021 18:04) Posted: ya that's a likely scenario. I reckon the buying may continue for the week. It is interesting to note that he is buying up shares and not purely supporting share price. Looking forward to any positive news soon. Cheers. vix787      ( Date: 14-Dec-2021 17:57) Posted: Possible demand for gloves going up. He will be one of the one who know about current demand. Omicron maybe mild but the rapid transmission will make countries to stock up. Frontline worker need protection. Mild symptoms doesn't mean medical worker while examine patient no need glove. Reduce healthy medical worker equals to lower medical capacity...countries approach will always better be safe than sorr
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Midtermer Master	14-Dec-2021 18:04        Midtermer About Contact  Quote this Post!
x 0   x 0  Alert Admin	ya that's a likely scenario. I reckon the buying may continue for the week. It is interesting to note that he is buying up shares and not purely supporting share price. Looking forward to any positive news soon. Cheers. vix787      ( Date: 14-Dec-2021 17:57) Posted: Possible demand for gloves going up. He will be one of the one who know about current demand. Omicron maybe mild but the rapid transmission will make countries to stock up. Frontline worker need protection. Mild symptoms doesn't mean medical worker while examine patient no need glove. Reduce healthy medical worker equals to lower medical capacity...countries approach will always better be safe than sorry Midtermer      ( Date: 14-Dec-2021 17:50) Posted: 900 lots from the boss in 3 days. I don't think he is just supporting share price. Something is brewing
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vix787 Member	14-Dec-2021 17:57        vix787 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Possible demand for gloves going up. He will be one of the one who know about current demand. Omicron maybe mild but the rapid transmission will make countries to stock up. Frontline worker need protection. Mild symptoms doesn't mean medical worker while examine patient no need glove. Reduce healthy medical worker equals to lower medical capacity...countries approach will always better be safe than sorry Midtermer      ( Date: 14-Dec-2021 17:50) Posted: 900 lots from the boss in 3 days. I don't think he is just supporting share price. Something is brewing? vix787      ( Date: 14-Dec-2021 17:47) Posted: You are correct. Average price 0.6
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Midtermer Master	14-Dec-2021 17:50        Midtermer About Contact  Quote this Post!
x 0   x 0  Alert Admin	900 lots from the boss in 3 days. I don't think he is just supporting share price. Something is brewing? vix787      ( Date: 14-Dec-2021 17:47) Posted: You are correct. Average price 0.66 Midtermer      ( Date: 14-Dec-2021 17:12) Posted: I believe it's another 300 lots from Mr Wong today. Thanks in advance haha.
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vix787 Member	14-Dec-2021 17:47        vix787 About Contact  Quote this Post!
x 0   x 0  Alert Admin	You are correct. Average price 0.66 Midtermer      ( Date: 14-Dec-2021 17:12) Posted: I believe it's another 300 lots from Mr Wong today. Thanks in advance haha.
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Midtermer Master	14-Dec-2021 17:12        Midtermer About Contact  Quote this Post!
x 0   x 0  Alert Admin	I believe it's another 300 lots from Mr Wong today. Thanks in advance haha.
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vix787 Member	14-Dec-2021 16:24        vix787 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Unless u going for the prop up play becos If TG still intended to list in HK, they have certain criteria to fulfill before can successfully IPO. They might get someone to prop it up for the listing. Richardlai      ( Date: 14-Dec-2021 15:57) Posted: Well I guess EPF too still holding on to their TG stocks to sell after IPO. vix787      ( Date: 14-Dec-2021 15:17) Posted: Not TG. It result kinda shamefully embarrassing. Plus the IPO still pending. People expect the IPO to cancel or delay again n will cause negative impact.
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Richardlai Master	14-Dec-2021 15:57        Richardlai About Contact  Quote this Post!
x 0   x 0  Alert Admin	Well I guess EPF too still holding on to their TG stocks to sell after IPO. vix787      ( Date: 14-Dec-2021 15:17) Posted: Not TG. It result kinda shamefully embarrassing. Plus the IPO still pending. People expect the IPO to cancel or delay again n will cause negative impact. Richardlai      ( Date: 14-Dec-2021 14:31) Posted: It seems that because Riverstone is coming back strongly, the other glove stocks too are also moving up !
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vix787 Member	14-Dec-2021 15:17        vix787 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Not TG. It result kinda shamefully embarrassing. Plus the IPO still pending. People expect the IPO to cancel or delay again n will cause negative impact. Richardlai      ( Date: 14-Dec-2021 14:31) Posted: It seems that because Riverstone is coming back strongly, the other glove stocks too are also moving up !
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Richardlai Master	14-Dec-2021 14:31        Richardlai About Contact  Quote this Post!
x 0   x 0  Alert Admin	It seems that because Riverstone is coming back strongly, the other glove stocks too are also moving up !
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Midtermer Master	14-Dec-2021 14:19        Midtermer About Contact  Quote this Post!
x 0   x 0  Alert Admin	All the best to you bro! I hope price action can remain good for the week for a meaningful reversal. Hopefully Mr Wong can surprise us with some good news! Anyway just my thoughts on SCMP better not read too much into it as they are propaganda news imo. Cheers. bluekelah      ( Date: 14-Dec-2021 12:52) Posted: beng1102 : thanks for your reply, makes sense if EPF is dumping might affect the usual TA indicators. But wont the dumping reflect in a depress RSI and MA as well? Such that if the chart moves above the 200MA, and the oversold indicators reverse, wont it very likely signal bullishness irrespective of what is in the new/fundamental story? EPF is likely done selling i think with such high volume these past few days they probably unloaded? how many lots did they have after the last sale report? Midtermer : Yes its does look like the resistance at 80c+ is a good level to look out for. I read on SCMP that chinese are saying Omicron is 85% efficient at escaping the old pfizer/moderna/etc.. vaccines. And the way european and american hospitals are already filling up this winter without lockdowns, glove demand has very likely spiked already. China will probably withhold gloves for themselves and countries will scramble to restock again, sending ASPs up soon, though it wont reflect till next financial report end of FEB? In any case, queing another 10 lots today for 665, probably get it after lunch.
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bluekelah Senior	14-Dec-2021 13:23        bluekelah About Contact  Quote this Post! Style: Fundamental   Mood: Yells: "lock and loaded..."
x 0   x 0  Alert Admin	@beng1102 thanks for reply, yes that why i was thinking would it be better to wait for more confirmation of indicator reversal to signal we are likely out of the bearish selloff and into a rebound before buying more. I think EPF is at the tail end of selling but not done yet as it was doing 67c before lunch and right after lunch the entire 665 queue was sold down into and taken out. Now its 660/665. I had a look at the time sales and seems this morning it went a high as 680 wow. In any case, 10lots done now at 665, happy to buy together with the boss :D and i think given the revenue and profits this cash cow is still dirt cheap anywhere from 50-60c+   beng1102      ( Date: 14-Dec-2021 13:05) Posted: If move above 200MA, we would se a lot more buying interest.  Both RSI and MA are in fact has been depressed.  We need to see RSI above 50. bluekelah      ( Date: 14-Dec-2021 12:52) Posted: beng1102 : thanks for your reply, makes sense if EPF is dumping might affect the usual TA indicators. But wont the dumping reflect in a depress RSI and MA as well? Such that if the chart moves above the 200MA, and the oversold indicators reverse, wont it very likely signal bullishness irrespective of what is in the new/fundamental story? EPF is likely done selling i think with such high volume these past few days they probably unloaded? how many lots did they have after the last sale report? Midtermer : Yes its does look like the resistance at 80c+ is a good level to look out for. I read on SCMP that chinese are saying Omicron is 85% efficient at escaping the old pfizer/moderna/etc.. vaccines. And the way european and american hospitals are already filling up this winter without lockdowns, glove demand has very likely spiked already. China will probably withhold gloves for themselves and countries will scramble to restock again, sending ASPs up soon, though it wont reflect till next financial report end of FEB? In any case, queing another 10 lots today for 665, probably get it after lunch.
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beng1102 Elite	14-Dec-2021 13:05        beng1102 About Contact  Quote this Post!
x 1   x 0  Alert Admin	If move above 200MA, we would se a lot more buying interest.  Both RSI and MA are in fact has been depressed.  We need to see RSI above 50. bluekelah      ( Date: 14-Dec-2021 12:52) Posted: beng1102 : thanks for your reply, makes sense if EPF is dumping might affect the usual TA indicators. But wont the dumping reflect in a depress RSI and MA as well? Such that if the chart moves above the 200MA, and the oversold indicators reverse, wont it very likely signal bullishness irrespective of what is in the new/fundamental story? EPF is likely done selling i think with such high volume these past few days they probably unloaded? how many lots did they have after the last sale report? Midtermer : Yes its does look like the resistance at 80c+ is a good level to look out for. I read on SCMP that chinese are saying Omicron is 85% efficient at escaping the old pfizer/moderna/etc.. vaccines. And the way european and american hospitals are already filling up this winter without lockdowns, glove demand has very likely spiked already. China will probably withhold gloves for themselves and countries will scramble to restock again, sending ASPs up soon, though it wont reflect till next financial report end of FEB? In any case, queing another 10 lots today for 665, probably get it after lunch.
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bluekelah Senior	14-Dec-2021 12:52        bluekelah About Contact  Quote this Post! Style: Fundamental   Mood: Yells: "lock and loaded..."
x 0   x 0  Alert Admin	beng1102 : thanks for your reply, makes sense if EPF is dumping might affect the usual TA indicators. But wont the dumping reflect in a depress RSI and MA as well? Such that if the chart moves above the 200MA, and the oversold indicators reverse, wont it very likely signal bullishness irrespective of what is in the new/fundamental story? EPF is likely done selling i think with such high volume these past few days they probably unloaded? how many lots did they have after the last sale report? Midtermer : Yes its does look like the resistance at 80c+ is a good level to look out for. I read on SCMP that chinese are saying Omicron is 85% efficient at escaping the old pfizer/moderna/etc.. vaccines. And the way european and american hospitals are already filling up this winter without lockdowns, glove demand has very likely spiked already. China will probably withhold gloves for themselves and countries will scramble to restock again, sending ASPs up soon, though it wont reflect till next financial report end of FEB? In any case, queing another 10 lots today for 665, probably get it after lunch.
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Midtermer Master	14-Dec-2021 12:44        Midtermer About Contact  Quote this Post!
x 0   x 0  Alert Admin	yup we can only infer that Mr Wong knows more than us. Hoping that he continues his buying spree for the week. beng1102      ( Date: 14-Dec-2021 12:18) Posted: Technical Analysis has not been meaningful as EPF has been dumping the share.  If we are sure that EPF is no longer selling then just buy and hold as balance sheet supports much higher valuation.  Midtermer      ( Date: 14-Dec-2021 12:11) Posted: Not a TA expert but for me the resistance at 830 is key as it will signal a higher high in the short term. The push up needs to be supported by positive action / announcements else it will fade away quickly again imo. The Omicron news is mixed and difficult to assess its impact on PPE counters for now. News coming from UK is definitely quite worrying for now. Dyodd. I also think Mr Wong buying could be a sign of EPF selling done. Just a guess
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beng1102 Elite	14-Dec-2021 12:18        beng1102 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Technical Analysis has not been meaningful as EPF has been dumping the share.  If we are sure that EPF is no longer selling then just buy and hold as balance sheet supports much higher valuation.  Midtermer      ( Date: 14-Dec-2021 12:11) Posted: Not a TA expert but for me the resistance at 830 is key as it will signal a higher high in the short term. The push up needs to be supported by positive action / announcements else it will fade away quickly again imo. The Omicron news is mixed and difficult to assess its impact on PPE counters for now. News coming from UK is definitely quite worrying for now. Dyodd. I also think Mr Wong buying could be a sign of EPF selling done. Just a guess. bluekelah      ( Date: 14-Dec-2021 11:24) Posted: hi guys i picked up 15 lots at $1.20 previously (thinking it was a low) then another 10lots at 63c last week. I am long this stock and trying to do a bit of TA at the moment to time my accumulation. At what price would you consider the rebound to be confirmed technically? (i am thinking if it rebounds above the last level at around 77cent and goes past 200MA?) Certainly fundamentally the news about Omicron spread in UK and Europe/USA plus stabilisation of glove prices (as per TopGlove) looks to be pretty bullish. Plus re ramping of their factories in malaysia post covid vaccines. Boss buying in is a plus too as it could signal he knows EPF board is done with their selling?
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