gloveharicut

CIMB isn't concerned on China's GLOVE capacity. Buy TOPGLOV (RM25.00) & Supermax (RM9.80)

gloveharicut
Publish date: Wed, 24 Jun 2020, 12:15 AM
Does Glove need a haircut?

Glove shareholder should read today CIMB report and I am reproducing it to my blog.

 

Smart CIMB Analyst told us

  1. No reason to be overly concerned at this juncture on China glove makers expansion plans
  2. Malaysian glove makers have cost and quality advantage
  3. China’s new capacity to be absorbed by increased domestic usage
  4. No immediate threat from China glove makers; reiterate Overweight
  5. CIMB sector top picks are Top Glove and Supermax. They also have Add calls on Hartalega and Kossan Rubber.

 

Tan Sri Lim's interview at Financial Times explained why TOPGLOV is a good buy

Tan Sri gave good news in his zoom briefing. Read the SLIDE !

 

Bank Analyst convinced by Tan Sri Lim and agree TOPGLOV could climb further.

 

TOPGLOV - Latest Price Target from Analyst. STRONG BUY!

 



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Be the first to like this. Showing 14 of 14 comments

mf

zzz

2020-06-24 01:50

Philip ( buy what you understand)

Smart cimb analysts who just graduated, has 5 years of work experience, with a degree in engineering jumping into finance. I don't think he is even 30 years of age.

You put your money in the hands of children and trust them with your wealth?
Think about it, if they get it wrong they don't have to pay a single cent.

If you get it wrong, you lose a lot of money.


>>>>>>>>

https://www.linkedin.com/in/walter-aw-lik-hsin-4754a386/?originalSubdomain=my

2020-06-24 06:56

BATFLY

Agreed. Youngster now attend talk and jump on the bandwagon to buy shares without doing further resesrch..

2020-06-24 08:05

EngineeringProfit

Young blood......high risk appetite

2020-06-24 08:07

KINGCOBRA3

this fella must have heavily invested in gloves sector esp TOP GLOVE!

2020-06-24 08:54

CCCL

Cantonese saying: run off fire, enter the devil. No more cure...

2020-06-24 08:59

huattomorrow

he has been covering healthcare and glove since 2014. did you all read properly the linkedin profile?

and just imagine the datas from the bank and investor relation he has been digesting all this while.

and he's top JPA student when he was studying in South Korea. just my view.

2020-06-24 11:35

gloveharicut

huattomorrow good info. The smart CIMB analyst aka top JPA student issue Buy on TOPGLOV (RM25.00) & Supermax (RM9.80)


huattomorrow he has been covering healthcare and glove since 2014. did you all read properly the linkedin profile?

and just imagine the datas from the bank and investor relation he has been digesting all this while.

and he's top JPA student when he was studying in South Korea. just my view.
24/06/2020 11:35 AM

2020-06-24 15:19

Keyman188

CIMB Group has exposure to S'pore troubled oil trader Hin Leong

(theedgemarkets.com / April 21, 2020 16:31 pm +08)

"CIMB’s exposure to Hin Leong is to the tune of US$120 million to US$130 million. This will mean an exposure of more than RM500 million in its loan book"


##https://www.theedgemarkets.com/article/cimb-group-has-exposure-spore-troubled-oil-trader-hin-leong




^^^Until now we can't understand why never learn lesson from Year 2014 oil market crash...


***More to come.......

2020-06-24 15:30

Keyman188

Very strange...

On 09/06/20, some member had highlighted Cimb is "Big Liar"......

But now ask us to trust Cimb.......

So can be trust what you said ???..............




Posted by gloveharicut > Jun 9, 2020 3:05 PM | Report Abuse

BURSA can you do something. CIMB BIG LIAR


##https://klse.i3investor.com/servlets/forum/600331619.jsp

2020-06-24 15:35

Philip ( buy what you understand)

If agree with you is a genius, if dont agree with you is a liar. Normal activities of speculators.

2020-06-24 15:54

mamatede

CIMB better concern with is cash from default borrowers such as the oil trading firm in SINGAPORE.

2020-06-24 16:28

lizi

are these chinese company chasing high? have they calculated the risk reward of expanding aggresively now?

2020-06-24 16:59

patrickteo

kind of funny when got people still believe in CIMB

2020-06-25 16:55

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