The Message Behind Gold’s Rally:

The World Economy Is in Trouble

Jewelleries counters Tomei, Poh Kong n Niche all rally! Gold price now above usd 2043 per oz!

KUALA LUMPUR (Aug 5): Malaysian glove maker Harps Holdings Sdn Bhd is weighing an initial public offering (IPO) in Kuala Lumpur to raise about US$500 million (RM2.1 billion), according to people with knowledge of the matter.

Harps bought lightweight nitrile examination glove maker Central Medicare Sdn Bhd in 2015, according to the unit's website. Central Medicare operates 24 double-former production lines that contribute to a total monthly output of 590 million units of gloves.

KUALA LUMPUR (July 21): Iris Corporation Bhd (Iris Corp) is refocusing and establishing itself in the trusted identity (ID) verification solutions space, with direct clients across the globe, while also providing technical input, consultation and advice for a number of others.

In a statement, chief executive officer Shaiful Subhan said the tech company wants to be known as a leading player in the trusted ID space both domestically and internationally, “a company with strong fundamentals, known for a solid delivery record and providing value to all our stakeholders."

He said Iris Corp has chalked up an impressive track record of delivering around 100 million e-passports, more than 150 millions eIDs /driving licence cards and deployed around 230,000 contactless
card readers in 28 countries.

Hence, he said Iris Corp is really proud to be the only company in Malaysia to have received the "Integraf High Security Printing Certification".

HARTA price will go up but not as crazy as SUPERMAX!

heard Vincent Tan" son n Ling Liong Sik's son in Iris.

Buy, sell, repeat!
No room for 'hold' in whipsawing markets.

Buy, sell, repeat!
No room for 'hold' in whipsawing markets.

Malaysia not threatened by Bill Gates’ synthetic palm oil project.

Malaysia does not see the production of synthetic palm oil by US start-up company, C16 Biosciences, as a threat to natural palm oil supply chain, particularly when produced under the best agricultural practices and sustainability standards.

“Even if they succeed, given the very large odds stacked against such a technology, their impact upon natural palm oil supply chains will be minimal. The hype created in various Western media around this sounds like another stab wounding aimed at the palm oil industry.

Buy, sell, repeat!
No room for 'hold' in whipsawing markets.

going up 14c!

KUALA LUMPUR (Aug 1): Hartalega Holdings Bhd overtook Public Bank Bhd to become Malaysia third most valuable listed company on July 2020’s final trading day on Thursday (July 30) when the rubber glove manufacturer’s market capitalisation of about RM69.51 billion surpassed Public Bank’s estimated RM66 billion.

On Thursday, Hartelega’s share price closed up 16 sen or 0.8% at RM20.28 while Public Bank shares fell 54 sen or 3.08% to RM17.

Malaysia’s most-valuable listed entity is Malayan Banking Bhd (Maybank) followed by Top Glove Corp Bhd.

Philippine President Rodrigo Duterte told the country's two telcos they had "better improve" or "I might just as well close all of you." Their shares immediately dropped.

KUALA LUMPUR (July 30): The FBM KLCI fell 0.64% at the midday break today as shares in index-linked banking stocks succumbed to the targeted moratorium plan, with Malayan Banking Bhd (Maybank) and Public Bank Bhd leading the declines.

“However, we remain neutral on banks as we envisage banks’ 2Q20F to be weaker on-quarter due to the modification loss and potentially higher loan loss provisioning (LLP). Our picks for the sector are Public Bank (TP: RM19.13), RHB Bank (TP: RM5.60) and AMMB (TP: RM3.60),” said CGS-CIMB.

39.5c

keep watch! suggest buying small lots when price fall. Accumulate TNB shares for d gud dividend payments!

Just followed n judged d TP given by d IB. My strategy is to buy when there is a sharp dropped in price n sell when d price spiked. U need to keep watch! These only applies to d big 4 Gloves Kings. Their PE r constantly revised according to ASP of gloves n frequent trading price correction.

KUALA LUMPUR (June 17): CGS-CIMB Research has an “add” call on British American Tobacco (Malaysia) Bhd as it believes the counter offers a potential price and dividend yield upside of 32% and 9.5%, respectively.

The research house has also kept its target price for the stock unchanged at RM14.81.

warrant already 30c! mother should b 55c!

heard Harta going to follow Topglove for bonus issue!

9c dividend ex date 9th July 2020! Gud stock worth buying anticipating for improved next QR.

Omesti will start works with Telekom Malaysia Berhad (“TM”) for the design, development, customization, configuration, delivery, installation, integration, conversion, migration, testing, commissioning & Training for TM business support system (“BSS”) for a duration of two (2) years, commencing from fourteen (14) days after the expiry of Malaysia Movement Control Order at the total contract sum of Ringgit Malaysia Ninety Five Million Five Hundred Eighty Eight Thousand Seven Hundred and Thirty Three (RM95,588,733.00) only (hereinafter referred to as “the TM Contract”).

KUALA LUMPUR (June 29): CRIF Omesti Sdn Bhd, a joint investment company between Omesti Bhd and CRIF Group, has obtained a credit reporting agency (CRA) licence from the Ministry of Finance (MoF).

It's now time to buy Omesti!

Kendall n Summit have relinquished their shares n ceased to b substantial shareholders of GPacket! Are they d woes of d share price turbulence GPacket is encountering lately? What will b d aftermath for GPacket after loosing their participations?

KUALA LUMPUR (June 22): While many are impressed with the meteoric rise in glove makers’ share prices, there is also a rally in the technology sector that might be even more powerful and sustainable.

Technology stocks rally could be more powerful than pandemic play!
The Bursa Technology Index, having rebounded nearly 73% from 23.81 points to 41.15 points in the past three months, is evidence of the strong interest in the technology counters.

UWC Bhd is among the star performers. Its share price has surged 235% from a low of RM1.10 in March to RM3.68 last Friday, followed by Aemulus Holdings Bhd, whose share price rocketed 231% from eight sen to 26.5 sen, and JHM Consolidation Bhd, which climbed 161% from 52.5
sen to RM1.37.

digital banking n investment in AI is d future in doing business!

Logically, if win d tender price goes up but if loss d tender, business as usual!

Amitabha, better times coming for GPacket.

warrant should b 40c by next month considering d direct business transaction of 110m shares @80c each!

I thought it should b rm1 considering all d expected future earnings!

Long term investors don't play contra! Their DNA r better!

"No Venture No Gain". Xendity purchased gave life to GPacket!

"Dexamethasone" is only a steroid! It's not a vaccine.

E-KYC specialises in technologies on document verification, facial recognition and biometrics and typically only requires users to do so from their smartphones or personal computers remotely.

Last month, Green Packet announced a tie-up with Tencent Cloud to leverage on the latter's facial recognition and machine learning capabilities to build a localised e-KYC solution.

Green Packet will be paying US$10 million for a 100% stake in Xendity, with a combination of cash and shares and with performance-based tranches. It will initially pay US$1.5 million cash plus issue of new shares worth US$4 million.

Then, over the next two years, Green Packet will pay up to US$4.5 million via new shares and these payments will be based on Xendity meeting stipulated key performance targets.

Glove bulls regain strength

“We are expecting higher earnings (net profit) in the second half of 2020, as selling prices continue to be on the rise.” — Affin Hwang Investment Bank Bhd analyst Ng Chi Hoong.

"Apart from that, as more economic activities open up in the world, it also helps to drive demand for gloves for the usage in the non-medical segments, like retail, F&B (food and beverages), among others," said Ng.

what about face mask n glove goes hand in hand?

Hope tomorrow got big funds buying!

What is brewing behind? Exercise of warrants non stopped! I will keep my warrants n will only exercise when GPacket's price is 1.60.

Thai Kim Sing of SUPERMX is a billionaire now! Gud profit making company never fail d owner n investors.

big funds r missing!

Supermax’s reported a 24% increase in revenue to 447 million ringgit for the three months through March, partly driven by an “exponential surge in demand due to the Covid-19 pandemic,” it said in its quarterly release. The company churns out 24 billion gloves annually and is looking to expand that to 44 billion by 2024, according to its 2019 annual report. It bought additional land to increase manufacturing capacity this month.

Most analysts are positive on Supermax! Eight of the 10 tracked by Bloomberg recommend buying the stock, and none advises to sell.

Supermax remains a favorite. The fact that the company manufactures its own brand of gloves means it may be able to sell at higher prices directly to end-customers, according to CGS-CIMB’s Aw, who expects the industry boom to last past the immediate effect of Covid-19.

Kenanga Research analyst Raymond Choo Ping Khoon said, Supermax has more good days ahead, not just because of the “abnormal demand and acute supply tightness,” he wrote in a June 10 note, but also thanks to the “scrupulous execution of its expansion plans.” And the recent land acquisitions showed the company’s commitment toward future growth, the analyst said.

SUPERMX share price already dropped ard rm2 since 9th June 2020! It's a healthy correction albeit d gloves stocks sell down today. It's a blessing in disguise! A strong price recovery is anticipated anytime.

wowwowwow! big jumped in revenue n profit!

RM 4.1 is possible as revenue n profit r at d highest since its listing in Bursa M'sia! EPS at 8.94c is satisfactory. Deserved a higher PE ratio of above 41 as business has expanded due to diversification into life science medical technology(i.e.5G test medical equipment).

Apakah Tencent sudah umum nak beri saham GPacket?

sure or talk only? I heard that many times!

Time to invest in GEMN when global lockdowns r lifted for casinos, theme parks, airlines, tourists n restaurants. No more restrictions!

Go for PP at rm1.00 not lesser! Kendal n Summit will subscribes if they hv d confidence GPacket shares will reached rm1.60. Time to show all GPacket's investors that d management is not a dreamer n an aggressive progressing company.

Aminvestment Bank Research: National Economic Recovery Plan to bode well for auto sector.

KUALA LUMPUR (June 6): AmInvestment Bank Research has upgraded the auto sector to "overweight" (from "neutral") and said the cut in sales tax for motor vehicles sales announced in the government’s National Economic Recovery Plan (Penjana) will a boost for the sector.

As part of its sector upgrade, AmInvestment Bank Research upgraded its fair value (FV) on MBM Resources Bhd to RM4.62 per share, from RM3.59 per share, while maintaining its “buy” call. It increased its financial year ending Dec 31, 2020 (FY20) earnings forecast by 15% to factor in higher Perodua sales.

Meanwhile, DRB-Hicom Bhd’s FV has been upgraded to RM2.49, from RM1.87(with its “buy” call maintained), with its earnings forecast for FY20 raised by 7% to reflect better Proton and Honda sales.

While the “hold” call on UMW Holdings Bhd is maintained, the counter’s FV is up to RM2.56, from RM1.74 per share. Its FY20 net profit forecast is up by 27% after accounting for higher Toyota and Perodua sales volumes.

OCEANCASH NONWOVEN SDN. BHD.
A wholly owned subsidiary of Oceancash Pacific Berhad (OPB)

Business Type : Manufacturer
Main Markets :Eastern Asia 40%, Domestic Market 30%, Southeast Asia 30%
Links : Malaysia Textiles & Leather Products, Malaysia Fabric

The principal activities of OCN are in the manufacturing and trading of air-through bonded nonwoven and thermal bonded nonwoven, which are widely used in the disposable hygienic products industry. It's application include top-sheets, second layer, acquisition distribution layer (ADL), back-sheet for diapers, sanitary napkins, wet wipes, surgical apparels including caps, masks, and gowns. Oceancash Nonwoven Sdn Bhd is accredited according to ISO 9001:2008.

Quality Policy : "Continual Improvements is the key to product excellence". Oceancash Nonwoven is committed towards total quality practices for continual improvements to ensure that we meet the specifications laid down by the customers and established standards in achieving customer satisfaction. Oceancash Nonwoven aims to enhance its processes to achieve high quality and high productivity in the long run that will benefit all parties.

Product Safety Policy : "Always strive to ensure that its products are of highest quality standards and without risks to the health and safety of the Customers".