Highlights

gloveharicut

Author: gloveharicut   |   Latest post: Wed, 13 Jan 2021, 3:01 PM

 

CLSA: GLOVE supply shortage forecasted throughout the next 3 years. TOPGLOV (RM28) HARTA (RM20) KOSSAN (RM13)

Author:   |    Publish date:


 

{{{PM me to join GLOVE Private Discussion Room}}}

I am reproducing the CLSA report to my blog.

We see ample upside for glove manufacturers despite the run-up, with our target prices derived using modest target P/E implying long-term growth of 5% (based on GGM), against normalised industry growth of 8-10% p.a. Maintain sector Overweight with Top Glove our top pick and Kossan Rubber upgraded from Outperform to BUY.
 

CLSA lift TPs across the board: from RM22.00 to RM28.00 for Top Glove; from RM16.30 to RM20.00 for Hartalega; and from RM9.80 to RM13.00 for Kossan.





Share this
Labels: TOPGLOV, HARTA, KOSSAN

Related Stocks

Chart Stock Name Last Change Volume 
TOPGLOV 6.42 +0.05 (0.78%) 22,780,200 
HARTA 12.20 -0.10 (0.81%) 6,138,000 
KOSSAN 4.22 -0.04 (0.94%) 18,857,300 

  Be the first to like this.
 
greedy44444 Glove stocks already so high still want to promote ? The risk of losing is much higher now. See the price of Topglov and Supermx dropped heavily during lunch break. Definitely only big sharks are buying and selling.
07/07/2020 10:40 PM
gemfinder If u buy now prepare to lose few k for 1000 shares
07/07/2020 10:42 PM
KAQ4468 ya gah ????


how calculate to get TOPGLOV (RM28) HARTA (RM20) KOSSAN (RM13) ????


using batu dalam seluar kah ?????
07/07/2020 10:43 PM
KAQ4468 kah kah kah
07/07/2020 10:44 PM
greedy44444 Bursa got so many cheaper and good stocks. No stocks will rise forever, its matter of time before the price of all glove stocks collapse. Better be safe than putting yourself in danger.
07/07/2020 10:52 PM
gemfinder When ibs keep upgrading tp, is the time to be cautious
07/07/2020 11:06 PM
gloveharicut I respectfully disagree.

Well. I have a completely different opinion on that.

Smart investor should acknowledge Glove is the vaccine to your wealth in this pandemic.
07/07/2020 11:10 PM
greedy44444 Yes but the price already increased many times, now not the right time to buy
07/07/2020 11:34 PM
FutureGains buy top glove 16
07/07/2020 11:34 PM
calvintaneng ALL GLOVES NEWS NOW OUT IN OPEN

SO ALL RUSHING HIGHER AND HIGHER

ONE TOP SECRET IS?

TEXCHEM!!

TEXCHEM WILL MORPHED INTO TOP SUPPLIER OF GLOVE CHEMICAL NOW IN PROCESS!!
08/07/2020 12:42 PM
Mtrade RHBIB Share Margin Valuation (Latest Revision)*
_The ceiling price for rubber gloves counters effective 08/07/2020_

COMFORT @ RM2.80
HARTA @ RM11.20
KOSSAN @ RM7.20
RUBEREX @ RM2.40
SUPERMX @ RM7.00
TOPGLOV @ RM15.00
08/07/2020 8:44 PM
zaley6080 Which is the best gloves counter to purchase tomorrow 8 July 2020?
09/07/2020 4:25 AM
calvintaneng All rush to buy glove stocks

Few realised the best buy and the cheapest of all is Texchem

Texchem is now the best kept secret in glove chemical supply
09/07/2020 8:08 AM
PureBULL ... Stock: [TOPGLOV]: TOP GLOVE CORP BHD
Jul 7, 2020 8:30 AM | Report Abuse

In the past big gloves always declared 1:1 bonus issues to make their prices seemed lower.
Recently TOPGLOV tan.sri lim said he has plans to grow TOPGLOV to be in the league of Fortune 500 plc.

If this is the plan then it could mean many big names in wallstreet funds r edi buying the BIG 2 n could be advising mgmt what to do best. Road shows in global financial centres will be next move.
These funds love super hyper high priced stocks. They view bonus issue as losing time to play up kau.kau, the likes of AMZN, TSLA, NVDA etc.

Good dividends given out in 4 to 5 times a yr at measured rate is powerful to drive stock prices HIGHER to the new blue sky ...

NB: Fortune 500 PLC must be above US$10 n 1stly be world # 1 in its space.
i. TOPGLOV has entered rm20 safely n is en-route to 30 then 40, 50 n beyond ...
ii. TOPGLOV being world # 1 glove plc, is 1st to receive n enjoy the best orders directly from all the governments n then from all the 1st class customers n + taking increasing orders with the super crazzzy prices of spot mkt.
This is simply a wonderful company. . .
09/07/2020 3:25 PM
sensonic CAELY DO FACE MASK UP 5 CENTS TODAY, EG ALSO DO FACE MASK, STILL HAVENT UP. TOMORROW GORENG EG ?
09/07/2020 9:22 PM


APPS
I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
View Trading Signals and run Live Backtest
MQ Affiliate
Earn rewards with MQ Affiliate Program
 
 

457  490  616  543 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 PRG 0.285+0.055 
 PNEPCB 0.42-0.08 
 XOX 0.105-0.005 
 AT 0.185+0.01 
 SEALINK 0.18+0.015 
 GPA 0.125+0.015 
 IRIS 0.405-0.01 
 JCY 0.515-0.07 
 MTRONIC 0.105+0.005 
 ASIAPLY 0.30+0.03 

FEATURED POSTS

1. The Equity Market Index Benchmark in Malaysia CMS
2. Trading Scenarios of Derivatives Bursa Derivatives Education Series
3. Derivatives 101 Bursa Derivatives Education Series
4. Why Trade FKLI? Bursa Derivatives Education Series
5. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!
PARTNERS & BROKERS