US markets very hot! No need Trump

Positive developments in US; good for the economy around the world. Trump has finally given up his fight to be president for the next 4 years. More stimulation measure of US$ 2 trillion....

Top Grove shuts down due to covid, other glove manufacturers will benefit. Buy uhhhhhhhhh!

Malaysian economy should also grows at a similar rate next year.

TOPGLOV spent RM914.19 million on share buybacks since September 2020. Spending so much money to support its shares does not sound very rational especially when there are so many of its shares floating in the market. How long can it support if its share price keeps on dropping?

EPF is buying again!

Extract from Kingsley Investment Kingsley Investment

.....Not to say not to buy the outbreak beneficiary shares, but the outbreak recovery stocks in 2021 is bound to be a part of the layout, if the worst-case scenario has passed, now every vaccine news on the outbreak recovery stocks will only be good, the small editor only this month began to lay out the recovery stocks, from three different areas of the selection of three companies, namely the financial industry Public Bank, the gambling industry Genting, and the F and B shares Carlsberg, These three companies now account for nearly 30% of the small portfolio, in the future if the share price falls, the small editor will continue to increase positions to adjust the three positions to about 35% of the total position.


All three are well-known companies, and if the financial sector is certainly the first to benefit from the economic recovery, why choose PBB in the total number of bank stocks, because the quality of PBB's own assets is the best in the total number of banks, the average non-performing loan NPL rate of all banks is 1.4% but PBB's NPL rate is the lowest of all banks, only 0.4% of total loans, On behalf of PBB lending rigour and the quality of loans are the best in the banking industry, and this year has made a series of bad debt provisions, for 2021 may produce bad debts have been a preventive shot, if previously complained that the Volkswagen share price is too expensive to buy, now the share price may be a good time to enter the market, compared to the peak of 26 pieces, has been discounted by 30%. Small editor for PBB just made a very small position layout, after all, even if the banking industry back to the pre-epidemic level, the future growth is limited, but also to face the new era of Fintech and E-Wallet competitors to eat, but if the investors who want to stabilize PBB is a good choice.

Trust no one. People have the right to express their opinions, true or rubbish. Weigh them yourself. Make your own decision to buy or sell. Don't blame others. Invest SMARTLY.

After the end of loan repayment moratoriums in September, 85% of its Public bank customers choose to resume to the their monthly instalment. This shows the bank is in good position to begin its earning prowess.

Thinking of investing in bank shares for the long term with handsome dividends, solid management and strong fundamentals. Which Malaysian bank is best to invest in?

A Covid-19 vaccine isn’t a medicine, or a cure for the disease. A vaccine simply prevents infection. 90% effectiveness means that you have 1 in 10 chance of getting covid even if you get vaccinated before. You are not totally protected.

TG dormitories kena covid-19. Ordered to lockdown for 2 weeks. My guess is definitely longer. Look at Singapore foreign workers' dormitories. It took authorities 5 to 6 months to totally eradicate the virus! Remember: it's super high density accommodation plus a highly contagious virus. Worst combination of factors. Not easy to solve quickly.

All gloves counters are currently down. Only AT is up! All bees are on the only honey pot or trapped pot.....

RCEP will be a catalyst to economic growth in Asia-pacific region as well as to the whole world. With that, banks will help in the financing and at the same time benefit from this growth.

A Covid-19 vaccine isn’t a medicine, or a cure for the disease. A vaccine simply prevents infection. How long it remains effective remains to be seen.

Huge cash pile means tp will reward special dividends on top of normal dividends to shareholders. Buy ahhhhhh! or miss opportunity!

The Russian has approved the Sputnik V COVID-19 vaccine for use more than 2 month back, yet the rate of daily infection in Russia is still rocketing to new high recently! What can u deduce from this situation?

Another insider buying glove company. Business mst be very good for glove manufacturing company.

Salcon Bhd intends to buy a 51.0% stake in glove manufacturing company JR Engineering and Medical Technologies (M) Sdn Bhd (JR) for RM28.6m. The proposed acquisition comes with a profit guarantee of RM10.0m a year for the coming three financial years (FY21-FY23). In order to cater to the spike in demand in specific export markets, the group targets to ramp up its production capacity by an additional 12 lines to a total of 16 production lines within a year, bringing annual production capacity to 3.0bn pieces at an estimated capital expenditure of RM150.0m, to be funded via internally generated funds and bank borrowings. (The Edge)

covid-19 is now so wide spread all around the world. It will take many years to get it under control despite the vaccine. We cannot get rid of the common flu. Can we get rid of covid-19?

In the meantime, the use of gloves, masks, etc are the simple preventive solutions.

Dow, S&P 500 fall as Covid-19 cases spiral
Thursday, 12 Nov 2020 11:27 PM MYT - headline new

Us, Europe and many other countries hitting all times high in infections. The winter season will make things worst. Vaccine will take a long time to have any real effective impact for obvious reasons.

Time to load up with glove shares? Cheap enough to buy?

Top Grove keeps on buying back its own shares. Insider knows best!

Top Glove Corporation Bhd bought back 8.9m shares from the open market on Wednesday for a total of RM69.9m. The world’s largest glove maker purchased the shares at prices ranging from RM7.71 to RM7.90. Cumulative net outstanding treasury shares totalled 67.706 m units following the recent buy-back. (The Star)

Very strong confident in its own company!

Gloves, gloves, gloves https://youtu.be/N-74yjV8O8E

Shortage of gloves https://youtu.be/N-74yjV8O8E

students everywhere are wearing masks when in schools. Demand will be tremendous.

Doctor casts doubt on COVID plasma treatment: ‘No breakthrough here’

Late Sunday night, President Trump announced that the Food and Drug Administration (FDA) authorized emergency use of convalescent plasma to treat COVID-19, the illness caused by the coronavirus.

"Today I am pleased to make a truly historic announcement in our battle against the China virus that will save countless lives," President Trump said during a White House press briefing. "Today's action will dramatically increase access to this treatment."

However, some health experts have questioned the FDA’s action to issue an emergency use authorization (EUA) and whether or not the organization was pressured by the Trump administration into authorizing the treatment too soon, along with the idea of touting it as a medical breakthrough.

“The use of convalescent plasma for infections has been around for 100 years,” Dr. Dara Kass, an associate professor of emergency medicine at Columbia University, said on Yahoo Finance’s The First Trade (video above). “There’s no breakthrough here … even with convalescent plasma being used for the coronavirus.

Doctor casts doubt on COVID plasma treatment: ‘No breakthrough here’

Late Sunday night, President Trump announced that the Food and Drug Administration (FDA) authorized emergency use of convalescent plasma to treat COVID-19, the illness caused by the coronavirus.

"Today I am pleased to make a truly historic announcement in our battle against the China virus that will save countless lives," President Trump said during a White House press briefing. "Today's action will dramatically increase access to this treatment."

However, some health experts have questioned the FDA’s action to issue an emergency use authorization (EUA) and whether or not the organization was pressured by the Trump administration into authorizing the treatment too soon, along with the idea of touting it as a medical breakthrough.

“The use of convalescent plasma for infections has been around for 100 years,” Dr. Dara Kass, an associate professor of emergency medicine at Columbia University, said on Yahoo Finance’s The First Trade (video above). “There’s no breakthrough here … even with convalescent plasma being used for the coronavirus.

If u sell now, u are at the tail end of the spelldown. u will regret when the v shaped recovery comes. Look at it positively, many countries are insisting that people must wear masks when they go out. if it is a disposable, the demand will be huge. Notion is in the game.

the new covid-19 virus as reported by Malaysian government is 10 times more contagious than the current virus. Bad news indeed for the humankind, but good news for the glove industry.

GDP just released, is not good 2Q20 which is understandable due to lockdown. Things will be better in the 3Q20 and going forward. Have confidence in yourself to invest.

Bad GDP result for tomorrow is already expected; the impact on Malaysian's stock market will not be affected.

thw world covid-19 is not getting any better. The second wave of infection is spreading, latest countries affected being Spain, Italy, NZ

the selling has dried up. panic is unwarranted. notion will fly today

Research has shown again and again that 90% of retailers alwats lose money

with three days of drop, retailers have lost their pants. who fault is it?

Just create an untrue rumour, guiiable retailers will believe it. Then run.

That is why 90% of retailers lose money. Don't use their brains, use their feet all the times.

This herd mentality at its worst. If everybody build up their confidence, price will stabilize. Those who sell now will regret latter. it hitting the bottom. Got guts, goldren opportunites to load up and profit lahhhhhh

TA should benefit from the high trading volume and value in Bursa. Bursa has recorded profit in 1H20,

Glove and technology stock prices continue to go up, Bursa share price will follow suit. Simple logic. Smart money will come in. Hold and buy more or you will miss the boat again!

If everybody wear face masks everyday and with 30+ million Malaysians plus billions of overseas people, manufacturing masks as good as and as profitable as glove manufacturing !!

Covid-19 test kits very profitable

While ignorant traders/investors sell, smart ones will load up. Coming quarter result will shine. Want to miss it?

When market is volatile, Bursa shares will shoot up.

today Top Grove at 10.00.... Buy ahhhhh

Airasia's loss: 1Q20 Rm half billion; 2Q20 Rm one billion. Possible?

Smart people don't touch airlines now. Warren Buffet sold off all his airline shares. At normal times, many airlines, examples MAS, Thailand cant even stay above water. With spacing distancing only allowing 50% seating capacity and other restrictions, these tough measures will the situation dire and will take at least 2 years, if lucky, to break even. Covid is still spreading like wild fire.

Those looking for dividend payout may have to wait for another 5 years or longer. Worst, airlines can also go bankrupt. Want to lose your hard earned money?

with MCO lockdown and its possible further extension, the coming QRs results would not be good.

Good prospect. Just buy and wait patiently. Big ang pow will come!

margin calls and force selling in progress.

margin calls from banks comming