It looks like the quite bad result being affected by its insulation segment n hygiene- non woven fabric segment should be about 40-45% of its revenue .... many manufacturers also only half capacity during April month ( MCO) ?

It looks like the quite bad result being affected by its insulation segment n hygiene- non woven fabric segment should be about 40-45% of its revenue .... many manufacturers also only half capacity during April month ( MCO) ?

Dark angel, bought any glove counters??

What good news for u guys to goreng this counter? Care to tell .... :)

Bintai co operate with which vaccine company n already got the rights to distribute to Malaysia market while the vaccine is ready ??

Cimb as most reputable research house in Malaysia but it looks like her research head n analysts not as good as 5-10 years ago... Giving extra low target price for Airasia n at the same time research houses as Affin Hwang n Kenanga keep giving rich valuation n higher target prices for top 4 glove counters.... There is risk of over optimistic for glove counters for their profits in next year n many investment banks using PE of 25-28 of calendar year 2021 profit after tax to calculate their target prices...

How many years as equity analyst n which research house ? U making losses in Poh Kong, most probably your average cost per share is at high side n don’t criticise AmBank research to give neutral stand for glove counters, many savvy investors started to feel top 4 glove counters n careplus n comfort already too expensive n those research houses like Affin Hwang , Kenanga, Cimb then latest Citi research giving extra high target prices to the top 4 may mean the investment banks have purpose to push up the top 4 glove counters, some of them also encouraging retail investors to play their call warrants which are high risk especially when the top 4 dropping back to middle June price level then many retail investors got burned by call warrants...

Even Kossan n Harta quarterly profit not so good , still maintain their share prices; it looks like 60-70%-80% of the retail investors trust target prices of investment banks / research houses very much....:)

Shawalrich87, 32-33 years old person teaching ppl how to invest n how to use fundamental analysis to invest ? What counters are U investing in within these 6-8 months??

Only see one quarter result to decide your short term or medium term investment? Then why so many retail investors chasing glove counters even glove counters have gone up more than 300%-800% while quarterly profit can’t catch up with the fierce jump of share prices.....

Glove counters still facing correction today n Topglove, Harta n Kossan should continue to drop another 2-4%.... Kossan quarterly profit of 120-130% increase from one year ago still considered as below average quarterly profit, same with Harta below expectation.... Top 4 n Careplus then Comfort considered as expensive or quite expensive even at yesterday closing prices ...

Poh Kong will not bankrupt but sales will be slow while gold prices at above USD1940-1960 ; if they start to sell Swiss gold bars as habib n Tomei then can have another source of income ...

This counter is investing the company being the major producer of non woven fabric in Malaysia n as long as there r high demands for face masks n diapers n so on , the profit will be above average; about risk , oceancash was 43-50 cents during last December n share price have gone up 50-80% ytd if at 73- 90 cents versus glove counters which have gone up 300-1200% in last 4-6 months...

Krono is doing data storage n digital economy related businesses... fundamental also good , below 59- 60 cents, is good to collect more .......:)

Gold is heading to USD1870-1910... Poh Kong is quite expensive at 97 cents to RM1.02....

Bought too fast at yesterday 85-86 cents, today prices below 81 cents are even better ...

What happened? Quarterly result also not yet out n this counter not as overvalued as top 4 glove counters n careplus n comfort ...

Oceancash is ok price at 90 cents to RM1.... not too expensive...

Today or tomorrow come out quarterly result ??

Lim kok thai don’t need to use Genting cash to bailout GentingHk coz it is not direct controlled by Genting or Genting Malaysia ... The previous bailout a US casino / buying ownership of that casino , being criticised by investors as well ...

Today , Genting looks stable n those read Star known the issue is not big enough to drag Genting to below 3.20.... Newbie u only can plan until 3.50 or 3.30, not Rm3 n below RM3.... Oh , stopped since 1998 but start to venture into share market again this year.... I started in 1992-93 super bull period of KLCI / Bursa then stopped from 1994-1999, that made me miss the chance to see the fiercest bear in 1998 during financial crisis of 97-98.... Then started again since year 2000....

If this counter waiting for good news while gold going down to USD1860-1900, may drop back to 28-31 cents....

How to go up to Rm4 or RM5 while most investment banks only giving TP of Rm2-2.40... able to make profit is good enough n don’t be greedy if U guys playing short term ...

Not logic , last quarter was Feb 1- April 30, that mean 40-45 days under MCO period, for sure , the result was worse than previous quarter....:)

Harta should be the one posted poorest results among the top 4 glove counters ... Kossan maybe able to post profit after tax of 150 mil n above for latest quarter ... that is 150% jump from the quarterly profit of 60 mil ( profit level before pandemic )....

Newbie, how many years have u been investing in share market ? The HK Genting issue not big enough to drag Genting price to below 3.30 due to Genting n GenM dont need to inject money to rescue GentingHk even the much smaller Genting HK go bankrupt next month ... From Star n many sources, it is Lim Kok Tye n family controlling HKGenting , not really direct controlled by Genting or GenM... Lim Kok tye need to solve the shortage of funds of GentingHK by family funds ...Genting has cash position of RM30 billion n this huge cash position can help Genting n Genting Singapore to withstand this pandemic storm... Panic retail investors will sell at 3.70 n below 3.70 but I think hard to drop below Rm3.30....

Even gold price gone up to USD2100-2200 in next 6-9 months, Poh Kong n Tomei should worth RM1.25 n RM1.35 n above even though many investors realised they will sell their gold inventory n investment grade gold bars slower than USD1800-1960 period ... MCO period having small losses is normal, only immature investor will look at the small losses of Poh Kong of last quarter... Property counters have been facing gluts n many property companies have been delivering below average results in last 2 years plus property prices still at expensive level or near its peak prices ... Some property counters attractive at this price level but many investors feel worried about the sales of properties in this year n next year...

Economy will remain uncertainty as long as pandemic cases still growing n vaccines not being injected to half of the population of those severe hit countries... The 2008-09 crisis didn’t show much inflation n consequence the gold price gone down to USD1200-1300 but few can really predict the fierce unlimited QE of the US n also Euro central bank may have much more worst consequences than 2008-09 crisis ...

limkoktye, Genting had RM30 billion of cash n cash equivalent during year end of 2019, not USD595 million as U said ... according to annuAl report of 2019...

Derrick , are U investing in gold related counters?

Supermax n Harta already overvalued n careplus as well.... Non woven fabric manufacturers like Oceancash n Tekseng is safer investment than many of the expensive glove counters.... Kossan n Top n Comfort still not as risky n expensive as Harta n Supermax....

Careplus top management is too high profile n many ppl didn’t deduct out the one off sales proceed of 15 mil from her latest quarterly profit... Even making 20-21 mil net profit in last quarter, some investors still feel doubt how can the tiny manufacturer having 20 fold jump for her profit....

For comfort , next quarter net profit if more than Rm40-43 mil , should be considered as good ...

Poh Kong is at reasonable for investor to collect at 85 cents-96 cents .... Gold will not be crashed in next one year ...:)

Poh Kong is expensive at RM1.04-1.07.... gold price has dropped to USD1900-1975...

It is good for gold price going back to USD1890-1970.... let those gold related counters to go back to lower level for 1-2 week...:)

Poh Kong could go up to 1.70-1.80 by crazy retail investors chasing to purchase....

Muiproperty n Mui group under senior Khoo was always too conservative, so they only started with AUS1.5 mil loan to Next about 6-7 years ago n the bonds is convertible bonds n they only converted the bonds to common shares of Next ( the company exploring gold n listed in Australia) not long ago ... There is risk for this counter but Muiproperty has been profitable for few years n venture into gold mining just a plus point for the company...

Hopefully, tomorrow will be higher than 1.18-1.20....

Glove counters bounce back n goreng mood back to market ... In gold price at USD2020, Poh Kong n Tomei may test 1.29-1.30 n 1.46-1.48 tomorrow....

With the goreng mood back to market n gold price at USD2020.... tomorrow will test 49-50 cents n for those collecting below 30 cents, just few days , have earned more than 70% ( if above 47-48 cents....)..... this counter has stronger momentum than Poh Kong n Tomei ...

Tomorrow Muiproperty will go up to 40-43 cents coz the probability to strike gold getting higher n higher ... :)

Investment banks shouldn’t have given target prices of more than RM24 for Supermax.... now many retail investors still think Supermax worth RM22-24....

The news of the government may impose windfall tax will drag top 4 glove counters to even lower level ... those holding many shares need to reduce their position...

Don’t promote Supermax here , Supermax n careplus will drop faster than Top n Kossan in next 4-5 months; don’t understand fundamental analysis should go to read more books ...:)

Bahvest is making losses for 4-5 quarters n if Bahvest got some fundamental, ppl don’t need to venture into Muiproperty to bet it will strike gold ... 60 kg per month ? Even 10 kg a month also i feel doubt about it , this is Muiproperty column, dont come here to promote below average Bahvest mining stock ....

This counter has good fundamental n the drop from last year end 60-75 cents to below 60-62 cents these few months was due to one quarter loss of last quarter.... Her businesses in data storage , cloud, provide IT infrastructure is boom business during this new normal period ... below 55-57 cents should be good price to collect....

Jack, many don’t understand investment n whether U play it as short term goreng or medium term investment... the day Mui property 40% ownership Next produce the first batch of gold ... this counter will go up to above 55-65 cents.... many can’t get news from Australian listed firm ... no momentum to go up is normal ..

Be confident at this counter, below 79-80 cents is good time to buy ... Oceancash is main producer of non woven fabric in Malaysia n South East Asia n the company produce more non woven fabric than Tek Seng n solid balance sheet with very low debt level/ even cash position.... Non woven fabric the main material being used to produce face masks n diapers n wet tissues ...

Good news plus gold go back to USD2000 in next 1-2 week will push this counter up in near future ...