Due to the Covid 19 pandemic, the demand for glove far exceeds supply. As a result, all the glove makers can easily increase their selling prices to make more and more profit.
Hartalega just announced its 3rd quarter ending December EPS 29.31 sen. Its previous ending quarter ending September EPS was 15.95, QoQ 83.8% and RoE 24.02%. Its share price shot up 68 sen to close at Rm 13.00 per share.
Hartalega’s record profit should lead the way for Supermax.
Supermax’s 1st quarter ending September EPS 30.58 sen. Its previous quarter ending June EPS was 15.19 sen, QoQ 98% and RoE 37.3%. Share price shot up 47 sen to close at Rm 7.00.
Assuming Supermax’s profit for 2nd quarter ending December goes up proportionally like Hartalega, EPS should be about 50 sen.
Hartalega EPS 29.31 sen and closing price is Rm 13.00
Supermax EPS 50 sen and closing price is Rm 7.00 which is very much undervalued.
Created by Koon Yew Yin | May 06, 2024
Eversendai Corporation Berhad made a remarkable comeback in FY2023, reporting strong profit growth. Here are the key highlights from their financial performance:
Created by Koon Yew Yin | Apr 30, 2024
As shown on the chart below, Sendai has been dropping in the last few days. Today all shareholders must be wondering to sell, hold on or to buy some at a cheaper price.
Created by Koon Yew Yin | Apr 22, 2024
Eversendai Corporation Berhad made a remarkable comeback in FY2023, reporting strong profit growth. Here are the key highlights from their financial performance:
Created by Koon Yew Yin | Apr 22, 2024
Sendai price chart below is showing its price trend reversal. It is hitting a record high.
Created by Koon Yew Yin | Apr 18, 2024
After the stock closed yesterday, KSL announced its 4th quarter EPS which is 40.76 sen and its net tangible asset (NTA) backing of Rm 3.65. Its profit increased by 230% more than last year.
Created by Koon Yew Yin | Mar 29, 2024
Currently Sabah Government does not know that solar panel produces the cheapest electricity???
Created by Koon Yew Yin | Mar 23, 2024
During my life time I saw every Prime Minister being replaced by another politician for one reason or another. Dr Mahathir managed to stay the longest time of 22 years.
Created by Koon Yew Yin | Mar 04, 2024
All property developers have just announced their annual profit for 2023. All of them reported increased profit.
Created by Koon Yew Yin | Mar 04, 2024
Although my writing of this article sounds boastful but I feel that it is important to keep this record for posterity. Engineers play a pivotal role in shaping our modern world.
Created by Koon Yew Yin | Mar 01, 2024
What can KSL do to benefit shareholders? I hope all the shareholders will read this article so that they can attend the coming annual general meeting to vote out those directors who are seeking re...
Marketsifu
Today glove up not because of glove good or up trend or because of Harga QR. All because of most of the stock is drop, people sell their stock & hedge with glove. Since the govt already announced NO MCO (LOCK DOWN) tomorrow confirmed all rebound stock, Bank sectors, Tech & Others stock confirmed will gap up. DO YOU THINK PEOPLE STILL HOLD GLOVE SINCE OTHER STOCK REBOUND???? Come on UNCLE, be a smart investors.
Tomorrow continue goreng penny stock rather than holding downtrend glove. Glove only one day show. Even I'm new investor but I don't see tomorrow people will buy glove.
2021-01-26 00:03