With Fed out of the picture and stable oil price around US40, my 2centsense, Monday opening likely to shoot 1.27 and upwards.

My 2cenntsense; a reversal trend before closing. If someone dump 7k,someone must pick it up. Big players don't pay brokerage/agent fees. So they don't lose when the right hand pass to left hand. They're settng up for next upside. Be happy,when panic is in place because overall market is calm so a sharp reversal may be round the corner.

Crisis always kicks out complacency and kickstarts new opportunities for new contacts because you cannot rely on current customesr and suppliers to meet expectations. It is also a time to cut excesses and trim cost operation. Good companies thrive on crisis and build more out of it.

VS vs TOPGLOVE
Market Capital (RM): 6.598b, Number of Share: 1.254b x RM5,26 (closing price)
EPS (cent): 32.55, P/E Ratio: 16.16 ROE (%): 22.92, NTA: 1.420, Par Value (RM): 0.500
1st Qtr: Revenue 800,276,000 Net Profit:128,348,000
2nd Qtr: Revenue 693,855,000 Net Profit:104,607,000
Which has more potential of upside in price? I am on KYY side even though some said its a Holland trip.

RM was trading around 3.6 (average) between January-March 2015.

Market Capital (RM): 1.473b Number of Share: 1.169b x 1,26 (closing price)
EPS (cent): 13.49, P/E Ratio: 9.34, ROE (%): 18.2, NTA: 0.740
Ist Qtr Revenue: 612,465,000 Net Profit: 60,177,000 EPS (cent): 5.22
Can this Qtr beat previous 2nd. Qtr, Revenue: 465,384.000 Net Profit::18,296,000 EPS (cent):9.07?
I am holding for an upsurge in price when it records a better Qtr. if not its still at an attractive price with potential upside.

While positive cash flow is indeed an important element in the health of a company, what's more important is the human assets and most importantly, a passionate and caring leader for the company. We have today a leader who says cash is king but leading us to an absymal pit. Warren Buffet selects leaders to drive his portfolios of profitable companies. The leaders know what is needed from them.

A zoo has a zookeeper to keep the animals in their cages so too KLSE has its watchdog (for lack of better word) to keep legitimate trade in check.

An ode to animals: Love the bull but not its shit. Stay away from the bear for you cannot bear its bite. Do not live a dog's life as you be sticking out your tongue for attention. Live like the cat and enjoy the ninth as the best time of your life. Don't swim with the sharks or you find holes in your pockets. Be patience like the crocodile who seize its prey at the right time. If you fail today, wait for the rooster crow for a new day. Don't wait for the price to reach the moon as the cow (bull) jumps over the moon is a children's lyric. Swing like a monkey but make sure you don't fall as you looked more like a donkey then. Have a neck like a giraffe looking for info high and low. Walk like an elephant slowly so as not to trample the ants. Smell a rat? get rid of it. If not, roar like a lion in your own little kingdom.

@loveygramps; well, if that's your winning plan, stick to it. That's my message. Don''t be sway from your winning plan. Have a good profitable day.

If one continue to believe on someone's target price, then you need a lot of good luck to succeed because there is always a higher target price soon enough once a price has reached an earlier target. Always ask why you are in this trade. You are in it to win it; I guess everyone comes in this trade with a good plan to win it. Stick to it and along the way learn from the other winners and not only be rich in your pockets but in your knowledge of this trade. Nobody plans to fail.

After 2 month hiatus, I am in VS since friday at 1.19, missed out SAM and KOSSAN. I think its basically rotational play. This week its VS turn. I see in this chat column a lot of opinions. My 2centsense; the greatest myth in stock market is a stock price can be manipulated. If one is thinking such, then one is still in primary school. Market is driven by uncountable buyers and sellers. Tiiming considering all aspect including luck plays the most important factor for any investor success or failure.

March 9-3-2016
Participant Bought RM m Sold RM m Net RM m
Local Institution 1,054.4 1,176.9 -122.5
Local Retail 294.7 318.8 -24.1
Foreign 551.6 405.0 146.6

Just for your infor; Mar 2 - Mar 8, local institution selling and foreign fund (ff) buying and ff buying almost at the amount locals were selling. Any coincidence? My2centsense? Don't swim against the tide. Even though it seems fishy, the tide will take out the fishes too.

Oil prices trending up; Already unfavourable global business climate; Lousy for competition - local currency strengthening; Shameful leaders - political uncertainty, lousy public sentiments...how can the market be good? On the flip coin it is good because when the misery ends, those who wait can collect the best price for their favourite stocks.

Be patience is the key. 2016 presents the best opportunity for valued stock at basement price. (And its still not there yet, see my earlier comment...)

The Dow’s downtrend is now official....www.marketwatch.com (Published: Feb 11, 2016 6:45 p.m. ET.......In bear markets, stocks have fewer, but steeper, rallies. Often referred to as “dead-cat bounces,” that are driven mostly by short-covering. Those rallies usually leave a pattern of lower highs)...

The Dow’s downtrend is now official....www.marketwatch.com(Published: Feb 11, 2016 6:45 p.m. ET.......In bear markets, stocks have fewer, but steeper, rallies. Often referred to as “dead-cat bounces,” that are driven mostly by short-covering. Those rallies usually leave a pattern of lower highs)...

Strategists contend this stock market (US) requires a true purge...www.marketwatch.com (Published: Feb 9, 2016 9:42 a.m. ET).........Nikkei, DJ, FTSE all red...if China opens badly...can the true purge happens?.....Cash is still king....be cautious and wait patiently....we have not seen the worst yet.

Strategists contend this stock market (US) requires a true purge...www.marketwatch.com (Published: Feb 9, 2016 9:42 a.m. ET).........Nikkei, DJ, FTSE all red...if China opens badly...can the true purge happens?.....Cash is still king....be cautious and wait patiently....we have not seen the worst yet.

All of us are human; smart when you beat the market, stupid when the market whacked you. The market doesn't owe anyone a living. It comes and goes like the tide. Most of the time, many can predict the time and the direction of the tide. However hardly anyone can know the next tsunami.
My 'buy' target was 6.50 but the certainty of the market being uncertain warrants another look.

Still keeping fingers crossed...we are riding on a bear's back. So as you think price will continue to rise on a bull's back, likewise price will continue to fall on the bear's back. Is it scary and ugly yet? I said again; 2016 will be a year to pick quality stock with great discount from their peak price.

Holding fingers crossed for my intended price.....

How people buy/hold/sell very subjective. So price rise/fall is based on their perceptions that create demand/supply. There is logic after trading ends but logic has no role when the market is operating. It is fueled by positive/negative emotions. This determines the direction of the market. 2016, so far has this logical conclusion; value of stocks are depressed and many traders are in depression.

Martin Feldstein, a prominent Harvard economist once on many people’s short-list to lead the Federal Reserve, has a simple message for the U.S. central bank: ignore the stock market.
In an interview with MarketWatch, Feldstein said stocks are overvalued. Any signal from the U.S. central bank that it may pause from its plans to continue raising interest rates would only create the impression that there is a “Fed put” on the market. A put is an option that protects an investor from losses....(to read more go to www.marketwatch.com)

Interesting read.....;Martin Feldstein, a prominent Harvard economist once on many people’s short-list to lead the Federal Reserve, has a simple message for the U.S. central bank: ignore the stock market.

In an interview with MarketWatch, Feldstein said stocks are overvalued. Any signal from the U.S. central bank that it may pause from its plans to continue raising interest rates would only create the impression that there is a “Fed put” on the market. A put is an option that protects an investor from losses........( for more of story go to www.marketwatch.com)

Ah Kor will give more sorrows!

Not long after billionaire George Soros forecast a so-called hard landing for the Chinese economy, Beijing fired back by calling out the high-profile investor, warning him of betting against its currency, according to media reports Tuesday.

“Soros’ challenge against the renminbi and Hong Kong dollar is unlikely to succeed, there is no doubt about that,” said a government official in an opinion piece widely cited by several media outlets.

China drop 77 points even after warning George Soros. Be careful, fellow traders.

China drop 77 points even after warning George Soros. Be careful, fellow traders.

China down 77 points even after warning George Soros. Becareful, fellow traders.

...buying on dips..

With due respect to those who are still holding TG, my humble 2centsense is to liquidate my stock positions because the twin terror aka oil and China seems likely to strike more pain. The positive for 2016? It might be a year to find real bargains. Stay focus and be wise and not courageous because buting on dips could backfire.

Based on current global sentiment aka the twin terror, oil and China, my humble 2centsense is to liquidate stock positions and wait for bottom price bargains. Everything is thrown out the windows when terror strikes hard. I follow George Soros' comment on hard landing. The positive for 2016? It might be a year to find real bargains. Stay focus and make the right decision.

Its not an oversold market, but a selling one. The twin terror aka oil and China strike very hard. I think I follow George Soros' comment on hard landing. Be careful; it is going to be even bad to buy on dips. Unless you are holding the company of the future, liquidate your position seems a good and wise option because big bad bear hasn't shown his nasty teeth yet. Keep cash for price bargain.

sorry....I can only offer info for you to make a decision.

..stellar..

Reuters, Jun 2015 - The chief driver of sales is theRINGGIT'S SLUMP to nine-year lows against the dollar, making exports more competitive. Low raw material prices will also help widen profit margins. "Probably Top Glove presents the most value AS WE EXPECT OIL PRICES TO GRADUALLY RISE in coming months putting upward pressure on nitrile as well, which will disadvantage Hartalega and Kossan." RM3.77/US (JUNE 30, 2015) vs RM4.38/US (24 JAN, 2016), CRUDE OILl US57 a barrel (JUNE, 2015) vs US32 (24 JAN, 2016). From this we know why Top Glove gave a stellat 1st quarter performance of 2016. Now let's wait for Kossan!!

Unfortunately in Malaysia, we don't have that many great companies.That's why most funds come to trade rather than invest. But, fortunately, now we have these global giants in Topglove, Kossan and Hartalega. Good FA TA is meaningless if the company is also ran.

I don't think amyone can control the price movement...maybe I am naive. Its just that the momentum for a higher price has no takers. I believe once a coumter is on a major fund radar then the possibility of moving up is better. Glove companies were mentioned in Fortune magazine last year before their uptrend. Not many companies can have the kind of coverage. So be like WB for this industry; buy and sit on it if you can't sit on the board.

Fund managers have all the data with modern electronic technical tools, yet cannot gurantee the next trading opening and closing price.. They got burnt hands too. We always only mention Warren Buffett out of the millions stock traders. He bought at low entry price and sits on the board of most of his investment. That's why he is the GURU. For us, we ride our luck hoping to sit on a bulll rather than a bear. Can I predict the next trading price? I would be WB's guru if I could.

Profit magin % for Kossan - 8.5% (yr2012), 10.7% ('13), 11.1% ('14) 12.4% (3rd qtr,'15) vs Topglove - 8.7% ('12), 8.5% ('13), 7.9%('14), 11.1% ('15), 15% (1st qtr,"16). Is dividend and PE rato the only consideration for a stock price? I will buy if the company continues to reward its shareholders - Kossan bonus issues and others see www.malaysastock.biz vs Top glove's. Share prices rise due to buyers confidence of its ascendancy after considering facts and emotion. Its a risk-reward investment. If you are long term, then its a reward counter. So is Kossan giving another bonus issue? Looking at its record, it is likely possible.

Considering the 24+ gain on the KLCI, it is surprising but assuring that the glove stocks were in tight price range.This is expected as KLCI entered into the weekend and restart on Tuesday. Smart fund managers want to be safe than sorry with the current volatility. If DJ and the other big 3 hold till Tuesday, I 2centsense glove stocks will likely jumpstart; don't you think so? I think, today, Japan sent out a strong message that the worst may be over. Lets wait see theoutcome of the coming Mon & Tues sessions.

Considering the next trading session is Tuesday, smart traders want to be safe than sorry. If DJ, Euro, China & Japan hold positive till then, what will be the outcome? This short break is good for the glove stocks; a time to catch your breath before the next momentum.

DJ and Euro stock lead the rebound. Lets hope they sustain till closing. If they do, get ready for a posittive swing to Wednesday price. Volatility is constant.

Topglove is not about rebound, its about buying opportunity on dip because what can possibly go wrong for a company that has 128m profit after tax 1st qtr 2016. This is no donation but pure business earnings. All the naysayers be warned, you will still be asking people to sell because the price will be always in front of your shrieking voice.

The global money market is adjusting to a post wonderful 2015 trading year. It just need something to trigger it down. There were many issues to make an excuse to run down the price in 2015. But nothing happened. So what happened in 2016. Nothing, actually. All the news are old news from 2015. So nothing triggers the stock prce to fall for three weeks in 2016. Global fund managers need something to have a reason and an excuse to decide the direction. But nothing, yes nothing scared them in 2016. Soon, many things will turn out well for 2016 because after they factored that nothing was the cause they will find evreything to say, report, comment etc to tell you its nothing that serious because everything is under the market control.

Thank you. You are much appreciated for your insight and farsight. All the best for 2016. Out of these which is your favourite?

I thought 0.685 would be a good entry point. Now I think 0.645. Wait and see.

I am interested again! But need to assess the global senntiment aka oil and China before putting one foot in.