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 ...

Today , BNM report GDP growth, most probably negative 10% n above ... From common sense , after lunch time, should be profit taking for those counters already gone up 50-150% in last 30-60 days n glove counters will face selling pressure ... be cautious but Poh Kong is cheap if below 85cents n Tomei is cheap if below 93 cents ...

Jack khan, the announcement from Metalicity Limited? The company that Next co-operate with to explore gold at mining land in Australia?

Hiap teck subsidiary Eastern steel is mining iron ore at Trengganu n producing iron slabs as well .. below 20 cents should be undervalued....

Lebanon disaster n flood needs a lot of MDF boards? Evergreen has been in low level for more than 2 years plus ....

Some of the money investing in healthcare n glove counters being transferred to invest in banking counters since Tuesday/Wed..... Banking counters still facing the problem of lower interest rate n rising NPL during this pandemic period .... Oceancash also considered as one of the health related counters...

If Poh Kong can go back to 50-55 cents at this gold rising to USD1950-2100 period then many counters need to go back to May or June time average share price, especially those healthcare counters.... Yup, the largest shareholders selling plenty of shares during early of Aug , should be the time above 1.40-1.45.... It is normal, just selling larger quantity than other counters while share prices gone up quite a lot ....

30 cents is quite low ... U bought big quantity ?

What is your average cost per share for Mui property, Derrick ?

Muiproperty is even more volatile n harder to speculate/ invest than other gold related counters... Mui from peak of 50-52 cents has dropped to today 25-27 cents n ppl buying Mui is to bet probability to strike gold at Australia ( by her 40% ownership Next )

For Poh Kong n Tomei , their fundamental is much more solid than speculative counters like Nice/ niche n Bahvest.... Yesterday Poh Kong bounced back to 1.10-1.13 n Tomei gone up to 1.18-1.22 then today after 3:00 pm , both counters n much smaller Nice also no momentum n profit taking , Poh Kong back to 94-95 level ... World gold price should be stable at USD1890-2000 for short term ... Those bought Poh Kong at 1.40 n above have been under pressure n believe many have sold all or 1/2 during the sharp correction from 1.35-1.40 to 96-98 cents then 77-79 cents yesterday morning .... Below RM1 not really expensive n dangerous zone, every one got own view for fair price n target price...

Top 4 glove counters n Comfort have no momentum to go up since 11-11.30 am... Today BNM will announce GDP growth of second quarter.... It looks like small correction after 3-3:30...

Today market no momentum.... Bank Negara going to report GDP growth rate today n handglove counters also lack of momentum to go up ...

Google search what is gold coins n Swiss gold bars before talking like U r smart in investment... Gold coins is cheapest way to invest in gold , not much fees n design fees...

Ppl don’t understand investment like U, will promote gold papers from public bank n Maybank ... The buying price n selling price difference about 7% unless u guys have confidence the gold will up more than 20% in near future to make gains... Most ppl in more advanced countries buying gold coins or gold ETF fund or mining companies but Malaysia doesn’t have profitable gold mining companies yet...

Hey, guys ... Poh Kong n Tomei do sell Swiss 99.9 gold bars as gold investment tools , right ? People who feel worried about purchasing power of weakening Ringgit , will buy gold coins n gold bars...

Comfort is better choice than careplus ( which posted 21 mil profits, many feel doubt about her 21 mil quarterly profit) n better investment than overvalued Harta, Supermax as well.... Even though vaccine will be out within 4-6 months, still got some room for comfort to go up to 5.50-6.00 range...