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Last Price Today's Change   Day's Range   Trading Volume
4.64   -0.24 (4.92%)  4.44 - 4.94  44,025,900
31,884 comment(s). Last comment by joehoong93 at Oct 21, 2020 1:04 PM
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oilwaterman
747 posts

Posted by oilwaterman > Sep 16, 2020 10:10 PM | Report Abuse

https://www.foxbusiness.com/healthcare/coronavirus-vaccine-study-by-pfizer-shows-mostly-mild-to-moderate-side-effects


linheng
426 posts

Posted by linheng > Sep 17, 2020 6:45 AM | Report Abuse

Ya. I suppose all Glove counters will follow Top Glove and Hartalega for a very bullish Glove market today. Top Glove is up by nearly RM$0.70 in Singapore mkt and Harta is adopting a min 60% Div payout.
With a EPS of more than $1, ie a min of $0.60 Div a year. What about value of Co, assets and etc. Where u get any of this shares in the world today. Fed confirm almost Zero interest rate till at least 2023


mf
22478 posts

Posted by mf > Sep 17, 2020 9:28 AM | Report Abuse

take profit


Liquidity
189 posts

Posted by Liquidity > Sep 17, 2020 9:42 AM | Report Abuse

Shattap la mf.


David Coperfield
731 posts

Posted by David Coperfield > Sep 17, 2020 9:49 AM | Report Abuse

No strength la


Liquidity
189 posts

Posted by Liquidity > Sep 17, 2020 9:59 AM | Report Abuse

Industry average PE last 5 years = 22 PE
Comfort recent quarter results = EPS 7.2 sen
Orders locked in for next 18 months (with or without vaccine)

So per annum EPS is minimum 7.2 sen x 4 = 28.8 sen
Applying PE22, target price is RM6.30

We do know that ASPs are continuing to rise.
Applying conservative further 20% ASP hike (50m per quarter profit versus previous 42m):
Target price is RM7.50.

But this requires holding for longer term and not worrying about the daily trading fluctuations and rumours.

My 2 cents worth :)


Liquidity
189 posts

Posted by Liquidity > Sep 17, 2020 10:01 AM | Report Abuse

Short term the market is a voting machine, long term it's a weighing machine.


Sathya9121
55 posts

Posted by Sathya9121 > Sep 17, 2020 10:09 AM | Report Abuse

true.. correct


TheTitanic
310 posts

Posted by TheTitanic > Sep 17, 2020 10:14 AM | Report Abuse

remember today is topgloves qr


mf
22478 posts

Posted by mf > Sep 17, 2020 10:14 AM | Report Abuse

sell before news


Sathya9121
55 posts

Posted by Sathya9121 > Sep 17, 2020 10:26 AM | Report Abuse

you guys think the stock price will plunge again after TG qr release?


humongainz
855 posts

Posted by humongainz > Sep 17, 2020 10:28 AM | Report Abuse

if you think it was a good bargain, why bother on another company's meeting to decide. Make your mind.


TheTitanic
310 posts

Posted by TheTitanic > Sep 17, 2020 10:31 AM | Report Abuse

yes maybe sathya9121, maybe.


TheTitanic
310 posts

Posted by TheTitanic > Sep 17, 2020 10:48 AM | Report Abuse

Hold only no point panic now.


Ibelieve
110 posts

Posted by Ibelieve > Sep 17, 2020 11:17 AM | Report Abuse

I think TG beg to differ... It stays above previous closing pending today's qr... If we need to refer to its movement anyway


TheTitanic
310 posts

Posted by TheTitanic > Sep 17, 2020 12:00 PM | Report Abuse

anyway humongainz which counters are you eyeing bro


ToraToraTora
32 posts

Posted by ToraToraTora > Sep 17, 2020 12:07 PM | Report Abuse

My 2 cents worth on glove counters.

Currently all the gloves players are building new production lines to cater to overwhelming demand. It takes 2-3 months to get the production lines going. Therefore, we can expect their quarterly results to keep going up strongly as new lines come online. Please bear in mind that these companies are not going to invest into new production lines if they expect to monetise from it for only a few months.

With or without vaccines, the backlog has to be fulfilled. Therefore no dip in sales volume expected.

Malaysia is lucky to have all the major gloves players. This gives us the opportunity to play. If you invest long term, you should see profits. These are not stocks for speculative play at current price point.

Now the challenge is to decide which company to invest among them. All of these companies have chinaman mentality. Some owners are unscrupulous. You need to bet on the right horse. Good luck everyone. Let's not go down history as Malaysians who failed to make a single sen from gloves boom because there will likely not be a next time.


TheTitanic
310 posts

Posted by TheTitanic > Sep 17, 2020 12:34 PM | Report Abuse

afternoon limit up


David Coperfield
731 posts

Posted by David Coperfield > Sep 17, 2020 12:47 PM | Report Abuse

sure or not ??


TheTitanic
310 posts

Posted by TheTitanic > Sep 17, 2020 12:50 PM | Report Abuse

maybe only hehe


loquezila
115 posts

Posted by loquezila > Sep 17, 2020 1:01 PM | Report Abuse

comfort no volume this morning so be patient. HLT performed good with high volume


selesa2020
38 posts

Posted by selesa2020 > Sep 17, 2020 1:10 PM | Report Abuse

https://www.theedgemarkets.com/article/six-questions-top-gloves-boss-he-announces-over-rm1b-quarterly-net-profit-today


Liquidity
189 posts

Posted by Liquidity > Sep 17, 2020 1:46 PM | Report Abuse

Top glove 1.3b profits for quarter ending Aug 31st 2020.


TheTitanic
310 posts

Posted by TheTitanic > Sep 17, 2020 1:56 PM | Report Abuse

will up and then down again. i mean this shit happens all the time after earnings result


Liquidity
189 posts

Posted by Liquidity > Sep 17, 2020 1:57 PM | Report Abuse

Longer term will be slowly up for sure. The results are undeniable. And the share price and fair PE's will reflect such. Weighing machine over a voting machine. Remember that :)


nicky
3128 posts

Posted by nicky > Sep 17, 2020 1:59 PM | Report Abuse

Lame duck...Careplus much more better... entered wrong counter


TheTitanic
310 posts

Posted by TheTitanic > Sep 17, 2020 2:01 PM | Report Abuse

yes u are right. Based on forward PE of 22 with 50m qr each quarter. RM7.5 - 8.5 is reachable. However this is stock market, analysis does not always work with sentiments


Liquidity
189 posts

Posted by Liquidity > Sep 17, 2020 2:01 PM | Report Abuse

Careplus is a goreng counter. Last year wasn't profitable also. Comfort is more steady and secure.
Of course you need to be patient la.


TheTitanic
310 posts

Posted by TheTitanic > Sep 17, 2020 2:03 PM | Report Abuse

i have more comfort than careplus so see how it goes la


SiLiaw
117 posts

Posted by SiLiaw > Sep 17, 2020 2:13 PM | Report Abuse

all gloves counter dropped after topglov QR released, history keep repeating


Liquidity
189 posts

Posted by Liquidity > Sep 17, 2020 2:23 PM | Report Abuse

Sabar. We shall prevail come December/January.


Baby Shark
3955 posts

Posted by Baby Shark > Sep 17, 2020 2:46 PM | Report Abuse

3.90 VERY cheap..


Baby Shark
3955 posts

Posted by Baby Shark > Sep 17, 2020 2:47 PM | Report Abuse

Best chance to make money..


Baby Shark
3955 posts

Posted by Baby Shark > Sep 17, 2020 2:50 PM | Report Abuse

Queued buy..


Baby Shark
3955 posts

Posted by Baby Shark > Sep 17, 2020 2:52 PM | Report Abuse

Dis time I want to average kau kau if cheaper..


loquezila
115 posts

Posted by loquezila > Sep 17, 2020 2:59 PM | Report Abuse

lowest could be 3.800


Baby Shark
3955 posts

Posted by Baby Shark > Sep 17, 2020 3:05 PM | Report Abuse

Whoever no buy I say boloh..


Ibelieve
110 posts

Posted by Ibelieve > Sep 17, 2020 3:14 PM | Report Abuse

Today will close up 3%


kens88
387 posts

Posted by kens88 > Sep 17, 2020 3:35 PM | Report Abuse

Zzzz..cannot tahan everyday drop like this


Baby Shark
3955 posts

Posted by Baby Shark > Sep 17, 2020 3:35 PM | Report Abuse

Today's average 3.88.. very happy


apolloang
17308 posts

Posted by apolloang > Sep 17, 2020 3:37 PM | Report Abuse

3.50 or below only I comeback or else I no wanna see this counter yet


Baby Shark
3955 posts

Posted by Baby Shark > Sep 17, 2020 3:41 PM | Report Abuse

YES ! start up d, asked you buy don't want.. hehe


Parrot
634 posts

Posted by Parrot > Sep 17, 2020 3:42 PM | Report Abuse

@Baby Shark very risky man Comfort counter..


Parrot
634 posts

Posted by Parrot > Sep 17, 2020 3:42 PM | Report Abuse

U buy so much better be cautious man..


Baby Shark
3955 posts

Posted by Baby Shark > Sep 17, 2020 3:44 PM | Report Abuse

Parrot @Baby Shark very risky man Comfort counter..
17/09/2020 3:42 PM

That day I untung besar sold 7.25.. and bought back 5.65, 4.28 & now 3.88


Baby Shark
3955 posts

Posted by Baby Shark > Sep 17, 2020 3:48 PM | Report Abuse

Hope untung today's buy..


Parrot
634 posts

Posted by Parrot > Sep 17, 2020 4:04 PM | Report Abuse

@Baby Shark, okay if ur making..Dun buy until no tomorrow..Even TG QR good oso value drop..Very difficult to predict..


Baby Shark
3955 posts

Posted by Baby Shark > Sep 17, 2020 4:15 PM | Report Abuse

What to do, I want untung so must buy lo..


Baby Shark
3955 posts

Posted by Baby Shark > Sep 17, 2020 4:17 PM | Report Abuse

I predict 4.30pm can shoot up a bit..


Parrot
634 posts

Posted by Parrot > Sep 17, 2020 4:19 PM | Report Abuse

The trend so far dun look healthy..

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