Good counter mean undervalued like Genting when Genting still below 3.50; for DIY, even RM2.40, need to be cautious coz many research firms like to talk bull but later DIY cannot hit RM520 mil of net profit then they will remain silent for 6-12 months...

RHB research target price of RM3.20 is even more ridiculous than Ambank TP of 2.90... Both giving high TP without considering how DIY n DIY toy add 100 stores per year for next 3 years with saturated market like Malaysia ...:)

Don’t see target price from CIMB at here ? TP of 56-60 cents , sure or not ??

JP Morgan giving too low rating to Kossan n Topglove whereas AffinHwang giving extra high target price to Topglove ; some adjustment to Top 4 counters r expected in next 1-2 weeks whereas Public Bank n Maybank already expensive at RM21 n RM8.80...:)

MRDIY like Starbucks of the USA, without expanding to few more countries which got potential , don’t even worth PE of 25-27, personal view ...:)

Don’t be cheated by rich valuation of Amresearch n RHB research , with so so profit of RM110 mil per quarter (450-460 mil per year ), grant plan of adding 100 stores a year ( that is top management brilliant talks )... With 600 stores , home improvement stores already almost expanding to every tier 1-2 cities n tier 3 towns in Peninsular Malaysia n Mr Toy maybe able to open 30 stores a year , how about how to expand 50-80 stores ( Home improvement plus Toy ) after 3 years from now ? Don’t think investors should buy it at above 2.40-2.50, be cautious...

Many retail investors bought Evergreen while the share prices was 80-95 cents in 2016-17..... started to drop since 2017.... HL research predict a profit of 7-8 mil in financial year 21, may get higher profit than 8 mil in 2021 due to demand for Medium density fibreboard n RTD furnitures ...

From the experience of last 5-6 months about target prices of glove counters by one dozen research houses / investment banks, the retail investors only can trust their research n target prices 50-60% , they can adjust up or down as big quantum as 50-60% in 2 weeks time n those have issued call warrants, actually target price affecting their profit or loss of dealing their call warrants ( conflict of interest).... But the funny thing is it looks like 3/4 of the investors still refer n trust their target prices to max ( maybe 80-90%) n another factor is goreng groups n mutual funds also major forces to push up the prices of many counters...

Supersing , has been investing in share market since 2008-09 or even longer time?

Any price above RM20.50-21 for Public bank , Rm8.60 for Maybank , considered expensive ... Bonus issue effect maybe just these few days ...

Public bank is even worse choice than HL bank or Maybank for the price of 20.50-21.00; it is slow in profit growth since 2016-17, those inexperienced investors only think bonus issue a big boost for public bank... but it did go up from 18 to Rm21.... mean many still think bonus issues is good, in reality , only mean from share price Rm 20 being adjusted to RM 4 n earning per shares still same with pre bonus issue Level ...

Supersing investors, most probably U r wrong n your prediction of PBbank can go up to 24-25 also wrong ; u r insane to think PBB can get RM6 after bonus issue , it will be larger than Maybank if PBB worth more than 5.50-6.00 after bonus issue ... must be hardcore fan of Public bank...:)

Maybank also at one year plus , all time high ... buy buy buy .... Malaysia is going to have wonderful economy n economic growth next year even we have below average government, politic infighting , below average racial relationships, high unemployment rate.... buy buy buy ... Banking counters going to earn big money next year...

Pbbank at all time high for these 2 years plus, buy buy buy , bonus issue will make it to be RM4 after bonus issue ... buy buy ... hehe l

Oh, many investors being mislead by Aminvest ‘s TP of 2.90...:)

Evergreen may go up to 58-60 cents in one week time as well ...:)

Tesla is very overpriced or the investors is buying the future / next 3-6 years sales volume of electric vehicles.... So, those attacking investors who said MRDIY is overpriced/ very overpriced, should calculate the future profits themselves...

Bonus issue having no effect toward value of the stock ...

Simply goreng for the bonus issue is kind of unwise ... Public bank with conservative top management don’t worth more than RM19..... bonus issue having not effect on value of stocks , just half of retail investors don’t understand it n assume it get cheaper or must go up at least 15-20% during this bonus issue time ...

MRDIY only worth RM1.90-2.00, those have purchased the stock at above $2.40-2.50, be cautious ... Earning 350-400 mil per year don’t worth more than RM12 billion in market cap ... be cautious , don’t simply goreng only ...

Warrant is risky due to exercise price is 50 cents n only left 6 months to expire ; it is a bit strange that the momentum to go up so strong since last Thursday .... Can reach 60 cents tomorrow ??:)

Those bought at $10-11 having handsome profit n enjoy good dividends ; my average cost is 11.10-11.20....:)

Why can reach RM15-16 if one quarter only earning 75 mil ? Unless next quarter earning 85 mil n above , maybe worth RM14.50-15 ....:)

What make Hiap Teck to jump from 25-26 cents 6-7 days ago to jump to 52 cents ? Really crazy goreng .... hehe

HL research from target price of 25 cents jumped to 65 cents one week ago ? Below 30 cents was cheap n HL research still purposely to give lower target price of 25 cents 9-12 months ago ... Good news is HL research n few started to predict Evergreen can have profit in 2021...:)

What good news trigger the buying interest to push BAT to cross RM12 then RM13 in last 2 days ? Interesting...

Hiap teck may post better quarterly profit than last quarter in this month ... Besides involved in manufacturing of steel pipes n steel products, its associate company Eastern steel is involved in iron ore mining n producing iron slabs ...

Gold prices up, inventory value n investment grade gold bar up.... just Tomei n Habib selling more gold bars than Poh Kong...

Po HUAT is better bet than this 6 quarter also having losses fibreboard company ... from RM1-1.1 3 years plus ago dropped to 13-15 cents during March- April time... unless more good news about the rising prices of medium density fibreboard in world market...

From many sites n here , market expectation should be RM1-1.2 billion n Topglove quarterly profit ( of 1.29 billion )already higher than market expectation ... then many retail investors wonder why MR market made it drop .... maybe due to the slogan of buy in rumour n sell in news / result out... maybe investment banks the major force to sell down Topglove share prices.... also possible valuation already expensive ( by fund managers n experienced investors calculation ) n must apply profit taking ... hope these 2 days, smarter site or newspapers explain today drop even above market expectation....

The quarterly profit of 1.29 billion is higher than market expectation of 1-1.2 billion but maybe investment banks r selling n those experienced investors r taking profit ( by selling in news/ quarterly result out ).... market also looks like heading for correction after not much good news in these 2 weeks ...

Many expect the quarterly profit more than 1.2 billion ( net profit )? Most probably will drop after result out ....:)

Maybe can reach 29-30 cents in next few days...

Actually Eastern steel was subsidiary of Hiap Teck since 2013-14, after Hiap teck sold 20% shares to a Chinese steel manufacturer 1-2 years ago, Hiap teck only owned 35% of Eastern steel... maybe U google search Eastern steel n iron ore ...

The joint venture unit of Hiaptek is producing iron ore n one of the only 2 steel manufacturers which is able to produce iron slab .... The name of the joint venture company is Eastern steel...

Those don’t listen to advice of Rr88, can continue to collect Topglove n Supermax but don’t need to scold ppl who r giving their views ... It is truth that those investment banks like Affin Hwang , Kenanga, Cimb, Citi research n so on have been giving too high target prices for Top glove n Supermax... be cautious mode n should reduce your holding of glove counters, especially those buying call warrants one month plus ago ...

Why U guys so confused about the investment bank analysts should use what year profit to calculate the target price of Top glove n top 4 glove counters? It is irrational to follow those ridiculous analysts to use peak profit of 2020 n 2021 to calculate target prices, some even using PE of 24-27 of 2020 or 2021... The target price of top 4 counters need to put the profit of 2022 into calculation to be more accurate... For example, Topglove earning RM1.4 billion for 2020 Aug year end n RM3.9-4.1billion for 2021 Aug year end .... Then if 2022 Aug only earning 1.0-1.1 billion ( after pandemic).... The average profit ( for 3 years) is only 20- 22 billion ... If using PE of 21-22 is fair , Topglove market cap only worth 43-48 billion , may worth even lower than 38 billion due to profits of 2023 n 2024 also need to put in for calculation for fair value/ target price...

Thanks to few investment banks or research house keep giving higher n higher target prices of top 4 glove counters in last 3 months ... half of the retailers being affected by their target prices n chasing high ... Glove counters will face oversupply n 50-60% drop in profits after June of 2021.... So it is irrational to believe target prices of Rm32- Rm46 ( before bonus issue ) for Topglove n Rm 24-28 for Supermax n so on ....

Agree with rr88, the only few to give above average honest comments today ... Once the Supermax counter dropped below RM7 ( that is RM14 before 1 for 1 bonus issue), something more than normal correction has happened... Those being trapped still want to put more money in to wait for 20-30% rebounce ? The top 4 counters n careplus n comfort have dropped for 4 days n today drop is the fiercest ... Those bought at near peak price of these 6-7 glove counters need to reduce position / holding ....

After huge dropping of glove counters n half of health counters, Oceancash may test 65 cents tomorrow??

Pls remember, Top glove n Supermax n other glove only able to deliver extra ordinary quarterly profits for this year n first 2 quarters of next year; the top 4 profit level will drop more than 50-60% from the peak level after June of 2021.... be cautious mode...

Many retail investors facing huge losses after 4 days of huge dropping of top 4 glove counters n comfort n careplus .... The celaka investment banks like Affin Hwang , Cimb , Kenanga, Citi research n so on keep giving higher n higher Target prices hold 2/3 of the responsibility for pushing up share prices in last 2-3 months....

So easy to breach the previous contract by Nex Metal? If they really found good grade gold ore , Muiproperty can sue them for breach the rights to convert the bonds to mother shares ...

Dufu has gone up 100- 110% since last December... last December share price also about 3.10-3.40.... after 1 to 1 bonus issue , today 3.40 is equal to before bonus issue of Rm6.80.... This counter looks strong ...

2/3 of the investment banks are lazy n they don’t study n give target prices for 80% of the second n third liners .... always giving reviews to those in top 40-50 in market cap only...

Today in top 10 in volume due to news about water pipe of Selangor need to be replaced or what ... any investors can elaborate...

If gold price drop back to USD1870-1920 also mean Poh Kong n Tomei can sell gold accessories n gold bars faster than USD1980 n above .... Many still holding these 2 counters n waiting share prices to go up to above $1.25.....

It is nothing strange to sell quite large quantity of oceancash shares by the largest shareholder while share prices were above 1.20- 1.25.... N the quote written by positive green that during the quarter of April to June, insulation segment was at very bad situation ( due to poor sales of automobiles in Malaysia, Indonesia n Thailand ) ... During April month n early of May,many manufacturers only at half capacity ( during MCO), so my previous guess of the company couldn’t perform well even non woven fabric is in great demand since middle of March should be correct ...

If average cost per share above RM1-1.10, mean bought at high level , wait for below 74-75 cents, to collect some to average down your cost per share... This company has fundamental n not only for speculative play ... It still producing non woven fabric more than any listed companies in Bursa...

Tek Seng was making losses in last year n Tek Seng started to show much better quarterly profit in latest quarter only , Tek Seng should have sold of / reduce exposure to one of the segments which making losses in last year, guess so ; for Oceancash, its insulation segment ( related to automotive industry) was badly hit during March to June , should be one of the main factor that latest quarterly profit can’t even reach RM1 mil ...