Highlights
Social Forum >> Forum Thread
Last Price Today's Change   Day's Range   Trading Volume
4.65   -0.23 (4.71%)  4.44 - 4.94  43,120,400
31,876 comment(s). Last comment by drago_7 at Oct 21, 2020 12:29 PM
Like
 23 people like this.
 
 Post Reply   Back  

Parrot
634 posts

Posted by Parrot > Sep 17, 2020 4:20 PM | Report Abuse

Maybe tomorrow but very hard to predict..No point talking bout FA, TA, ASP, PAT n etc..


Baby Shark
3955 posts

Posted by Baby Shark > Sep 17, 2020 4:20 PM | Report Abuse

Now average 7.83.. start takut d.. hahaha


Baby Shark
3955 posts

Posted by Baby Shark > Sep 17, 2020 4:21 PM | Report Abuse

Ops.. 3.83 average


kens88
387 posts

Posted by kens88 > Sep 17, 2020 4:27 PM | Report Abuse

You honestly think this counter can go back rm6,7?

Honest question btw


Parrot
634 posts

Posted by Parrot > Sep 17, 2020 4:27 PM | Report Abuse

Tomorrow oso doubtful as end week ppl take profit but u never know..


Parrot
634 posts

Posted by Parrot > Sep 17, 2020 4:28 PM | Report Abuse

All glove share I buy oso now loosing..K+, Supermax n TG..


Baby Shark
3955 posts

Posted by Baby Shark > Sep 17, 2020 4:30 PM | Report Abuse

Wah.. kalah again


apolloang
17308 posts

Posted by apolloang > Sep 17, 2020 4:36 PM | Report Abuse

"Baby Shark"


Baby shark, doo doo doo doo doo doo
Baby shark, doo doo doo doo doo doo
Baby shark, doo doo doo doo doo doo
Baby shark!

Mommy shark, doo doo doo doo doo doo
Mommy shark, doo doo doo doo doo doo
Mommy shark, doo doo doo doo doo doo
Mommy shark!

Daddy shark, doo doo doo doo doo doo
Daddy shark, doo doo doo doo doo doo
Daddy shark, doo doo doo doo doo doo
Daddy shark!

Grandma shark, doo doo doo doo doo doo
Grandma shark, doo doo doo doo doo doo
Grandma shark, doo doo doo doo doo doo
Grandma shark!

Grandpa shark, doo doo doo doo doo doo
Grandpa shark, doo doo doo doo doo doo
Grandpa shark, doo doo doo doo doo doo
Grandpa shark!

Let's go hunt, doo doo doo doo doo doo
Let's go hunt, doo doo doo doo doo doo
Let's go hunt, doo doo doo doo doo doo
Let's go hunt!

Run away, doo doo doo doo doo doo
Run away, doo doo doo doo doo doo
Run away, doo doo doo doo doo doo
Run away!

Safe at last, doo doo doo doo doo doo
Safe at last, doo doo doo doo doo doo
Safe at last, doo doo doo doo doo doo
Safe at last!

It's the end, doo doo doo doo doo doo
It's the end, doo doo doo doo doo doo
It's the end, doo doo doo doo doo doo
It's the end!


loquezila
115 posts

Posted by loquezila > Sep 17, 2020 4:43 PM | Report Abuse

so i was wrong about lowest can reach 3.800.. reality is much lower. so now i think lowest is at support 3.440


Baby Shark
3955 posts

Posted by Baby Shark > Sep 17, 2020 4:45 PM | Report Abuse

Hehe.. no problem, rugi sikit


Dreamcometrue
3 posts

Posted by Dreamcometrue > Sep 17, 2020 4:46 PM | Report Abuse

"Whoever no buy I say boloh.. " so clever. the clever boy still alive?


kens88
387 posts

Posted by kens88 > Sep 17, 2020 4:53 PM | Report Abuse

Go up five cents, drop fifty cents


amateurJR
864 posts

Posted by amateurJR > Sep 17, 2020 5:33 PM | Report Abuse

haha baby shark thought u main topglove. Still in love with comfort meh?


Slc1
480 posts

Posted by Slc1 > Sep 17, 2020 5:48 PM | Report Abuse

Apollo Ang, U really funny lah....


AxeCapital2077
316 posts

Posted by AxeCapital2077 > Sep 17, 2020 6:03 PM | Report Abuse

Next time don’t come out qr better hahaha. Close to my avg 4.2 then drop haha. Haih if this continue ah tell you better cut loss


AxeCapital2077
316 posts

Posted by AxeCapital2077 > Sep 17, 2020 6:13 PM | Report Abuse

idk this kyy even warren buffet to invest... desperate man


amateurJR
864 posts

Posted by amateurJR > Sep 17, 2020 6:15 PM | Report Abuse

KYY smart fox buy low sell high. U think he really hold the stock meh


oilwaterman
747 posts

Posted by oilwaterman > Sep 17, 2020 6:23 PM | Report Abuse

300k new covid cases in the past 24 hours, and people think gloves game is over?

Wasting time to show this number and good QR, people are just stupid to choose the right stocks.


mf
22478 posts

Posted by mf > Sep 17, 2020 8:21 PM | Report Abuse

European stocks fall as markets react to central bank meetings


linheng
426 posts

Posted by linheng > Sep 17, 2020 8:54 PM | Report Abuse

Terrible. All roasted to charcoal today. Think will continue going down to below $3. No below $3 cannot buy. No upside but plenty downside


Jingweihan
1372 posts

Posted by Jingweihan > Sep 17, 2020 9:42 PM | Report Abuse

Just buy


michaelwong
2635 posts

Posted by michaelwong > Sep 17, 2020 10:19 PM | Report Abuse

Market not stable but gloves counter stocks all is making huge profits through their high demands and increased ASP price for another one or two years even if vaccines is available in the global market . Buying at the right entry price is all about reaping wonderful profits for its strong technical rebound or uptrend .


bb2ualways
72 posts

Posted by bb2ualways > Sep 17, 2020 10:31 PM | Report Abuse

Tomorrow open gap up and chase again.


Newbiexxxxxxxxx
251 posts

Posted by Newbiexxxxxxxxx > Sep 17, 2020 11:37 PM | Report Abuse

https://www.cnbc.com/2020/09/17/coronavirus-latest-europe-jittery-as-cases-rise-and-lockdowns-return.html

Gloves will be the next blue chip


apolloang
17308 posts

Posted by apolloang > Sep 18, 2020 12:04 AM | Report Abuse

already key in by 3.50 20,000


MasterYoda
648 posts

Posted by MasterYoda > Sep 18, 2020 12:06 AM | Report Abuse

Glove stock will continue to rise!For maximum profit investor should buy HLT or CAREPLUS.The dark side clouds everything. Impossible to see the light, the future is.”


Elitetrader
570 posts

Posted by Elitetrader > Sep 18, 2020 12:14 AM | Report Abuse

Stay safe everyone.


selesa2020
36 posts

Posted by selesa2020 > Sep 18, 2020 7:02 AM | Report Abuse

Surging coronavirus figures across Europe should serve as "a wake-up call", the World Health Organization's regional director has said.


GenuineInvester
35 posts

Posted by GenuineInvester > Sep 18, 2020 7:56 AM | Report Abuse

The market was seemed to be manipulated yesterday when all glove stocks were sold at low points at 14:45,16:00, 16:35. This is because IB did the shortselling!
“Permitted Short Selling (PSS) is not affected by the temporary suspension of short selling, as PSS is necessary for market makers to market make the relevant securities such as exchange traded funds efficiently.”
Market maker = IB can shortsell !!! IB short selling to create havoc in the market because of the call warrants issued expiring soon, esp in Oct. Many of them are in bad loss esp those issued with Low premium before April.

The short selling sold 17 Sept must deliver the shares in 2 days time.
Thats called T+2. Those sold today will still buy back tomorrow coz there is such a thing as Express Transfer to deliver shares to you in 2 days time.
Its a gamble, so today will be buy back time for these IBs.
That means the rebound must not more than 64 Sen in order for IB to win big.
If there are a lot of buyers today these Short Sellers will lose. These are the warrants going to be expired.
(i) C77/CIMB /28 September
(ii) C78/Kenanga/8 October
(iii) C80/CIMB /27 October
(iv)C 81/RHB /23 October
(v) C 83/CIMB /27 October

All will cause banks to lose tons of money right esp Maybank c84.

All glove supporters. The call warrants is a big issue now as dirty hand manipulate the market deliberately despite knowing to true value of glove stocks. We have to stay united, share this info to the our community to fight against wicked IBs who use many tactics and rumours to shatter the market ... and shortselling are the latest manipulation!

We have to hold on to our shares to win big together. The bosses of glove stocks led by TS Lim WC will lead us too win big as Gloves is the very few stocks that really make profits in this pandemics.


GenuineInvester
35 posts

Posted by GenuineInvester > Sep 18, 2020 7:56 AM | Report Abuse

1. Strong earnings visibility for the next 12 months (min) with / without vaccine

2. Shortage is acute especially for nitrile Gloves

3. ASP price increased has been and will remain elevated for some time

4. Structural change in demand and hygiene habits

5. Monopolistic position of Malaysia supply to the Global markets

6. Valuation is still lagging actual earnings growth and it will be reflected in coming quarters

7. Huge cash inflow for Glove players. Cash is king especially during weak economic environment.

8. No other better sector / industry / stocks for alternative investment opportunities in the near term.

9. Some local funds / local investors may not believe in the Glove sector. But I believe in it strongly. My belief is objective based on data, facts and numbers. Not emotions. There is deep value in Glove sector especially those with strong quality management like Hartalega,, Supermax and Top Glove.

10. Lastly, the Glove sector is very relatable to retail investors who can touch, feel or understand the nature of the business due to usage in daily life.


GenuineInvester
35 posts

Posted by GenuineInvester > Sep 18, 2020 7:57 AM | Report Abuse

Tradeview Commentaries 17th Sept 2020 - Top Glove Q4 2020 Earnings:

The results are exceptional, it goes without saying. It beat market expectation of RM 1-1.1 billion by a huge mile. This is what we call a blow out quarter. At RM 1.33 Billion the results exceeded consensus by close to 20-30% minimum. Full year 2020, the results is RM 1.9 Billion which flat out beat consensus of the media RM 1.48 billion by almost 28%.

Of course before this, many critics said Top Glove expensive with trailing PER 70x. With the latest results, the trailing PER fell to 38x. Forward PER, is only 13.6X . That is assuming that next 4 QR maintains at this net profit and there is no further growth which is not likely.

I would like to highlight what impressed me the most are the utilization rate is close to 100% which allowed Super economies of scale for them. Additionally, they have repaid their debts and turned net cash of RM 2.34 Billion. Hence the share buy back earlier was only a drop in the ocean for the company. With that they further paid out 8.5 sens dividend (combine earlier payout) which translates to 50% dividend pay out ratio of profits close to Hartalega's 60%.

To put things into perspective, Top Glove results of RM 1.33 Billion net profit this QR flat out beat Maybank's recent QR of RM 900+million and Public Bank's RM 1 billion net profit. I think this results validates my bullishness of the sector and continued confident outlook of having Glove stocks in my investment portfolio.

This bellweather results is an indicator for the entire sector. Please note this also shows how the others would do well, especially when you see how much Nitrile Gloves demand has risen closed to 31% vs Latex only 7%. Riverstone, Hartalega, Kossan, Sri Trang, UG Healthcare, Supermax, Comfort will all do well continuously.

For those who are not sure what to do, again it comes down to you investment horizon, risk appetite and ability to hold. I am of the view Top Glove has shown its able to deliver regardless of the adversity, negative news and what not. I have confidence Top Glove may really exceed Maybank to become Malaysia stock with largest market capital.


GenuineInvester
35 posts

Posted by GenuineInvester > Sep 18, 2020 8:15 AM | Report Abuse

The rebound today must not more than 64 Sen for Topgove in order for IB to win the short selling


GenuineInvester
35 posts

Posted by GenuineInvester > Sep 18, 2020 8:31 AM | Report Abuse

CW : Mother price > excise price = in the money
Cw: Mother price < excise price = out of money (expire worthless)
THe IB are pressing down so badly because they made a bad bet with their old warrants. , they never expected TG share prices to rise so much. One the old warrants all expire.. the IB won't press so much.. but it also means trading with warrants become a lot more dangerous.


TheTitanic
310 posts

Posted by TheTitanic > Sep 18, 2020 8:43 AM | Report Abuse

@genuineinvestor. so today need to rebound or no rebound?


oilwaterman
747 posts

Posted by oilwaterman > Sep 18, 2020 8:51 AM | Report Abuse

https://www.cnbc.com/2020/09/17/coronavirus-latest-europe-jittery-as-cases-rise-and-lockdowns-return.html?__source=iosappshare%7Corg.mozilla.ios.Firefox.ShareTo

and they said vaccine is ready soon....


apolloang
17308 posts

Posted by apolloang > Sep 18, 2020 9:08 AM | Report Abuse

bought comfort 3.50 20,000


Elitetrader
570 posts

Posted by Elitetrader > Sep 18, 2020 9:08 AM | Report Abuse

Soon ...like 2 or 3 years perhaps


apolloang
17308 posts

Posted by apolloang > Sep 18, 2020 9:17 AM | Report Abuse

sold 3.85 20,000 money in the pocket already


Liquidity
189 posts

Posted by Liquidity > Sep 18, 2020 9:33 AM | Report Abuse

Enjoy your RM2K apollo :)


apolloang
17308 posts

Posted by apolloang > Sep 18, 2020 9:35 AM | Report Abuse

what 2k? almost 7k lo+ supermax more than 10k in less than 20 mins....hahaha.can go for breakfast liao


BatteriesNotIncluded
50 posts

Posted by BatteriesNotIncluded > Sep 18, 2020 9:41 AM | Report Abuse

O&G Recovery - Serba Dinamik - 40 to 50% Upside Hidden Gem
https://klse.i3investor.com/blogs/ndcg/2020-08-28-story-h1511677632-Serba_Dinamik_40_Upside_Hidden_Gem.jsp


TheTitanic
310 posts

Posted by TheTitanic > Sep 18, 2020 10:10 AM | Report Abuse

congrats apollo


Ibelieve
110 posts

Posted by Ibelieve > Sep 18, 2020 10:56 AM | Report Abuse

Saw Natwide in top gainers, added to my watchlist, glimpsed thru announcements and saw PN17, immediately delete from watchlist.

Stay with gloves guys, nothing else worthwhile.


nonamejan
35 posts

Posted by nonamejan > Sep 18, 2020 11:10 AM | Report Abuse

bought at 3.84, worth to hold on for long term? you guys think will reach new high?


TheTitanic
310 posts

Posted by TheTitanic > Sep 18, 2020 11:32 AM | Report Abuse

honestly, who the fark knowS?


oilwaterman
747 posts

Posted by oilwaterman > Sep 18, 2020 11:39 AM | Report Abuse

We are what we think. All that we are arises with our thoughts. With our thoughts, we make the world. -


Liquidity
189 posts

Posted by Liquidity > Sep 18, 2020 11:41 AM | Report Abuse

My thoughts are hold. Ride through vaccine news, US elections and Malaysia 2021 budget.
Then come December when Comfort announces higher than RM42m profits again, fundamentals should kick and share price will reflect that slowly.


TheTitanic
310 posts

Posted by TheTitanic > Sep 18, 2020 12:09 PM | Report Abuse

now no point talking fa, undervalue what shit all the same. If buy prepare to hold thats it unless, u play contra. If play contra no1. rule is BUY on red Days, Sell on Green Days. NEVER CHASE! i lost 5k for chasing lesson learnt. follow apollo


TheTitanic
310 posts

Posted by TheTitanic > Sep 18, 2020 12:10 PM | Report Abuse

100k drop to 70k in 2 weeks lesson learnt dont be greedy


mf
22478 posts

Posted by mf > Sep 18, 2020 2:21 PM | Report Abuse

UBS Research join Macquarie? TOPGLOVE Target price = RM5.00!
Source : UBS, Price Call : HOLD, Price Target : 5.00
Last Price : 7.98, Upside/Downside : -2.98(37.34%)

 Post Reply   Back  
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
 
 

192  700  497  1057 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 LUSTER 0.195-0.03 
 AT 0.090.00 
 MAHSING 1.10-0.08 
 PHB 0.0250.00 
 IMPIANA 0.10+0.02 
 SUPERMX-C1I 0.155-0.015 
 LUSTER-WA 0.105-0.02 
 DGSB 0.21+0.015 
 DNEX 0.21-0.025 
 VC 0.055-0.005 

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