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thank you Malaysia EPF for the cheap sale
https://www.straitstimes.com/singapore/health/what-do-we-know-about-the-new-covid-19-variant-from-south-africa-with-unusual
Vaccine might be useless due to mutation. If find out true, glove stocks all rocket to the Mars.
Vaccine might be useless due to mutation. If find out true, glove stocks all rocket to the Mars.
In normal condition RS should trade higher than TG ... EPF hehehe ...
ttbanthony ( Date: 26-Nov-2021 18:12) Posted:
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This vaccine only prevent you from getting very sick and not prevent you from getting Covid .... infection wise business as usual ... that?s why cases still keep coming!!
Most people are vaccinated, countries are better prepared, Africa virus non affair. All gloves counters reverse down next week
Owner better privatised the company at such cheap price now !
If WHO announced it is a variant of concern tonight, time to see:
UG $0.50
RS $1.50
TG $1.20
UG $0.50
RS $1.50
TG $1.20
For ASP wise, from my theory of oversupply end up with greater undersupply could be happening soon if this new variant is a threat.
Customer with look n see attitude might be start buying again and expect many small player expansion halt previously due to lower than their cost price asp.
Customer with look n see attitude might be start buying again and expect many small player expansion halt previously due to lower than their cost price asp.
As of 15nov, EPF ceased to be SSH holding 70.6m shares. Assuming they have been selling down consistently for past 2 weeks, very soon they will run out of shares to sell. How much more? Not much I reckon. Maybe they sold 20m shares today? Your guess is as good as mine.
vix787 ( Date: 26-Nov-2021 17:31) Posted:
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It make a lot of sense. Imagine daily apply for EPF withdrawal. Gov say processing which might take weeks because in fact funds not enough to sustain the withdrawal. When rumors start to spread EPF no money, will cause more to panic n wanna withdraw. Like bank in the crisis.
Because of these, EPF are forced to sell at every opportunities.
Because of these, EPF are forced to sell at every opportunities.
JessTrang ( Date: 26-Nov-2021 17:26) Posted:
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Yes, the earlier EPF finish selling their stake in RS, the better it is for RS in the long run.
vix787 ( Date: 26-Nov-2021 17:25) Posted:
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Medtecs up 38%.
If on this bullish day and they throw, it' s very worrying on theirs finanace management because they don' t have spare cash to allocate.... a real concern to those whose money is with them
vix787 ( Date: 26-Nov-2021 17:15) Posted:
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If rally last for a period of time, let EPF do whatever they wanna do.
Once they out, we will fly.
Take it as a chance to accumulate.
Once they out, we will fly.
Take it as a chance to accumulate.
Longtermer ( Date: 26-Nov-2021 17:23) Posted:
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Agree.. RS will catch up the rally.
All Bursa gloves are in deep green including the SGX ones.
vix787 ( Date: 26-Nov-2021 17:11) Posted:
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This is how they manage tax payers monies !
The problem with them is they not purely finance institute. Their position link to politics.
As recent policy to allow member to withdraw fund if unemployment. Imagine how much umemploy will want to withdraw.
This will cause the EPF try to raise fund by selling existing shares.
As recent policy to allow member to withdraw fund if unemployment. Imagine how much umemploy will want to withdraw.
This will cause the EPF try to raise fund by selling existing shares.
JessTrang ( Date: 26-Nov-2021 17:11) Posted:
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Bad reputation for them and need to boycott their share in the future
des_khor ( Date: 26-Nov-2021 17:10) Posted:
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If later annouce EPF still selling TG today, more or less they did it on RS too.
But trust that if this is the turning for glove stocks, RS will rally accordingly.
But trust that if this is the turning for glove stocks, RS will rally accordingly.
If the news is advantage to the owner and seeing other counters cheoning, does it makes any sense to throw now?
vix787 ( Date: 26-Nov-2021 17:02) Posted:
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