Just think of it... When this pandemic drag longer, which industry will benefit the most ?? Glove obviously .... But still so many blind people out there thinking like Trump (Covid to magically disappeared)

Dont be so sohai la !! Who want the pandemic to last longer ??
What we are trying to say is that you shouldnt be so naive thinking that once any vaccine roll out, the covid 19 will be cured instantaneous!! The fact is there is still so many question mark lying around:-
1)Vaccine production limitation (Production capacity, distribution and storage)
2)Vaccine side effect (Allegry and long term side effect)
3)Vaccine dosage (Multiple shot forever?)
4)Vaccine immunity

Vaccine faced production capacity limitation
Vaccine faced distribution issue
Vaccine had allergy effect
Vaccine do not have testing for long term side effect
Vaccine not recommended for under 16
Vaccine not recommended for pregnant mom
Covid to spike from now till end of Feb
ASP for glove to rise 20-30% in this quarter
Order in hand for FY21 and FY22 still in tag
Record breaking RM 3.5B PAT coming QR
Additional 10% capacity in the coming quarter
Worker act issue and accomodation to be settle this month
US Ban in final discussion, expected to be resume export in Jan
Management continue to buy in and provide support line
Glove demand expected to rise by 20-30% in FY21
Divident at least 8% for FY21 with the current price

PETALING JAYA: Global glove supplies are expected to grow between 15% and 25% annually over the next two to three years, on the back of higher usage and increased healthcare awareness.

Despite glovemakers’ aggressive expansion plans to capture the demand growth, CGS-CIMB Research said global supply growth over the next two-to-three years would likely still not catch up with the increase in demand.

“This assumes that there would be no supply disruptions due to unforeseen circumstances or delays in expansion plans, such as construction delays and raw material supply constraints.”

Hong Leong Investment Bank (HLIB) Research said requests from customers have not been decreasing or slowing down despite the positive inflow of vaccine news.



“Rather, the actual demand and supply for gloves would be dependent on when the vaccine is ready for mass immunisation. Hartalega Holdings Bhd shared that its pandemic allocation is taken up until October 2021, with spot orders remaining between 7% and 10% of total capacity.


“While Kossan Rubber Industries Bhd shared its current lead time is 15 months. Also, its major customers have locked in orders up till the end of 2021. Current spot orders for Kossan accounts for 15% of total volume, with the incoming capacity to be focused to supply spot orders.”

The research house said spot order average selling prices (ASP) are now above US$90 (RM365) per 1,000 pieces.

“Overall, management remains upbeat on its earnings prospects at least until the first half of 2021 with a possible softening in the second half of 2021.”

CGS-CIMB expected glovemakers to continue recording stronger quarters, backed by higher ASPs, increase in production capacity and higher economies of scale.

“Note that we have assumed ASP will continue on an uptrend to only the first quarter of 2021, hitting a conservative average of US$60 (RM243) per 1,000 pieces of gloves in that quarter.”

Additionally, CGS-CIMB said it is maintaining its “overweight” call on the glove sector.

“While our top picks in the sector are currently Hartalega and Top Glove Corp Bhd, we also have added calls on Supermax Corp Bhd and Kossan. We continue to like the sector given its strong earnings prospects, as it is a key beneficiary of the robust global glove demand owing to Covid-19.

“Potential re-rating catalysts include a surge in ASP and stronger-than-expected global glove demand. Downside risks include a sharp decline in ASP and lower-than-expected demand for gloves.”

HLIB is also maintaining its “overweight” call on the sector.

“Share price of glove players have seen weakness of late, largely due to vaccine development news flow. However, at current depressed valuations, we reckon that these negatives have been priced in.

“With the global Covid count still chalking new daily highs, we think the risk-to-reward ratio seems favourable at current levels.”


https://www.thestar.com.my/business/business-news/2020/12/17/global-de...

Vaccine faced production capacity limitation
Vaccine faced distribution issue
Vaccine had allergy effect
Vaccine do not have testing for long term side effect
Vaccine not recommended for under 16
Vaccine not recommended for pregnant mom
Covid to spike from now till end of Feb
ASP for glove to rise 20-30% in this quarter
Order in hand for FY21 and FY22 still in tag
Record breaking RM 3.5B PAT coming QR
Additional 10% capacity in the coming quarter
Worker act issue and accomodation to be settle this month
US Ban in final discussion, expected to be resume export in Jan
Management continue to buy in and provide support line
Glove demand expected to rise by 20-30% in FY21
Divident at least 8% for FY21 with the current price

Everyday short sell excuse !! Pls la go back to school and learn more things to say !! Everyone know your style already !!

Everyday and every hour predict tsunami and dumping !! You not sienz, everyone also sienz !! Find something more interesting to say OR you will just be a invisible background!!

PETALING JAYA: Global glove supplies are expected to grow between 15% and 25% annually over the next two to three years, on the back of higher usage and increased healthcare awareness.

Despite glovemakers’ aggressive expansion plans to capture the demand growth, CGS-CIMB Research said global supply growth over the next two-to-three years would likely still not catch up with the increase in demand.

“This assumes that there would be no supply disruptions due to unforeseen circumstances or delays in expansion plans, such as construction delays and raw material supply constraints.”

Hong Leong Investment Bank (HLIB) Research said requests from customers have not been decreasing or slowing down despite the positive inflow of vaccine news.



“Rather, the actual demand and supply for gloves would be dependent on when the vaccine is ready for mass immunisation. Hartalega Holdings Bhd shared that its pandemic allocation is taken up until October 2021, with spot orders remaining between 7% and 10% of total capacity.


“While Kossan Rubber Industries Bhd shared its current lead time is 15 months. Also, its major customers have locked in orders up till the end of 2021. Current spot orders for Kossan accounts for 15% of total volume, with the incoming capacity to be focused to supply spot orders.”

The research house said spot order average selling prices (ASP) are now above US$90 (RM365) per 1,000 pieces.

“Overall, management remains upbeat on its earnings prospects at least until the first half of 2021 with a possible softening in the second half of 2021.”

CGS-CIMB expected glovemakers to continue recording stronger quarters, backed by higher ASPs, increase in production capacity and higher economies of scale.

“Note that we have assumed ASP will continue on an uptrend to only the first quarter of 2021, hitting a conservative average of US$60 (RM243) per 1,000 pieces of gloves in that quarter.”

Additionally, CGS-CIMB said it is maintaining its “overweight” call on the glove sector.

“While our top picks in the sector are currently Hartalega and Top Glove Corp Bhd, we also have added calls on Supermax Corp Bhd and Kossan. We continue to like the sector given its strong earnings prospects, as it is a key beneficiary of the robust global glove demand owing to Covid-19.

“Potential re-rating catalysts include a surge in ASP and stronger-than-expected global glove demand. Downside risks include a sharp decline in ASP and lower-than-expected demand for gloves.”

HLIB is also maintaining its “overweight” call on the sector.

“Share price of glove players have seen weakness of late, largely due to vaccine development news flow. However, at current depressed valuations, we reckon that these negatives have been priced in.

“With the global Covid count still chalking new daily highs, we think the risk-to-reward ratio seems favourable at current levels.”


https://www.thestar.com.my/business/business-news/2020/12/17/global-demand-for-gloves-still-on-uptrend

KUALA LUMPUR: The temporary suspension of short selling of shares on Bursa Malaysia has been further extended until Dec 31, the Securities Commission and Bursa Malaysia Bhd said in a joint statement today.

The scope of the suspension remained the same.

This means activities including Intraday Short Selling (IDSS) and Regulated Short Selling (RSS), as well as intraday short selling by Proprietary Day Traders remained suspended.

“Permitted Short Selling (PSS) is not affected by the temporary suspension of short selling, as PSS is necessary for market makers to market make the relevant securities such as exchange traded funds efficiently.”

The temporary suspension started on March 24 and was targeted to end on June 30.

https://www.thestar.com.my/business/business-news/2020/06/26/short-selling-ban-extended-until-year-end

Aduh ... sell because heartache??
I guarantee if today, tomorrow and next week everyday rise ... you will a bigger heartache!! Soon you will be like monkey singh, safety first and all the other nay sayers!!

The show just started ... let the naysayer have the first laugh first !! The holder will have the final laugh ...
With all the positive news pointing toward us!! Sooner or later, we will hit 7.50!!

Just started ... already want attention!! @SafetyFirst ... little boy, pls go back to your mom and get the love you so desperately need !!

Let summarise :-
Vaccine face production limitation
Vaccine face distribution issue
Vaccine had allergy effect
Vaccine do not have testing for long term side effect
Vaccine not recommended for under 16
Vaccine not recommended for pregnant mom
Covid to spike from now till end of Jan
ASP for glove to rise 20-30% in this quarter!!
Order in hand for FY21 and FY22 still in tag
Record breaking QR RM 3.5B PAT coming
Additional 10% capacity in the coming quarter
Worker act issue and accomodation to be settle this month
US Ban in final discussion, expected to be resume in Jan
Board of Management continue to buy in and provide support line

Why out of a sudden so many wise adviser ?? So Deep ... I guess so many old man here trying to chat ... lol

You know Opec is going to increase Oil production in Jan... That will directly influence the oil price and indirectly influence serbadk !! In fact most of the IB forecast that oil price will hover around 40ish/barrel next year ... SO you know what to expect !!

The fact also stated that I hold nothing with Serbadk now, and I want in But price is above my target price ... How la ... Pls la go down slight so i can come in ... lol

Sometimes dumb monkey is used as a stepping stone!!

Why worry about that monkey singh ?? He is just a parasite waiting for opportunity to come in cheap !! His nonsense are what is needed to wash out all the weak holder and let rest come in !! We should also appreciate him because he just make us look smart because of irrational logic !!

@Primeinvestor ... you dont understand!! That long hair monkey singh is a little boy who got burn in this counter and just cant take the pain of seeing it rise from the bottom again !! That is a form of retaliation...

Square headed ... your counter got one monkey attack le!! Where is your defence tactic ??

Monkey Singh !! Why are you so active now ?? Just after your 8hrs shift ?? Went back to your domitory and nothing to do ??

Everyday worry tomorrow will get shorted and drop !! Then you better dont to buy share la ... go put your $$ in FD!!

If the fundamental is good, in the end it will reach the IV !!
Chinese saying “the ship will reach the port/harbour in a straight line”

GG today ... Tomorrow again!!

Look like that monkey singh is avoiding and ignoring me ... Why la ?? I am friendly and I dont bite !! LOL

There is more IB and hedge fund shark in US and Europre !! Plus, we are all local who are familiar with the local news !! That is why we play here !!

Let summarise :-
Vaccine face production limitation
Vaccine face distribution issue
Vaccine had allergy effect
Vaccine do not have long term side effect testing
Vaccine not recommended for under 16
Vaccine not recommended for pregnant mom
Covid to spike from now till end of Jan
ASP for glove to rise 20-30% in quarter!!
Demand for FY21 and FY22 still in hand
Record breaking QR RM 3.5B PAT for TG
Additional 10% capacity in the coming quarter
Worker act issue and accomodation to be settle this month
US Ban in final discussion, to be resume in Jan

YayorNay " When you pay peanuts, you get monkeys, never try to outsmart stupidity, you can never win "
16/12/2020 4:28 PM

Wah so deep!! Maybe you can give your wise advise in Oxford !! We here are not as smart or deep as you !!

That is why most of us are holding !! Because we trust Tan Sri who is a Multi Billionaire and Malaysia TOP 5 richest !! Whoever listen and follow the naysayer here are just dumb !!
If you die trying, you better die trying following a multi billionaire than a cheap poor b@stard!!

I agreed that singh so feminine with long hair ... he must need so screwing ... Tell us la singh, how much you want... I will take a bull to screw you !! LOL

What dead cat are you talking about ???
Next QR expected RM3.5B PAT !! And the total FY 21 expected RM11 B PAT ... if this is a dead cat, then the rest of the company are in hell now !!

I am sure you are tempted !! since your wife is back in India ... and you need the $$ to send home !!

Pandri Singh!! why so sour ?? Maybe you came to M’sia looking for a job but fail miserably!! NVM la I give your a job la ... my dog is on heat !! She need someone to stick her !! Come one shot RM 1000 ... come come !!

You want to invest !! You invest in a profitable business !! The best is to invest in the most profitable company !!
TG is expected to be the most profitable business in Malaysia for FY21 !! I believe that is why most of us are here !!

The CMCO already factor in !! The increase will be achieve by the 10% increase in capacity and the 20-30% increment of ASP !!
3.5 B PAT no problem !!

Trust me, glove will be a dominant industry in FY21 ... with record profitablity potential

People are too blind to see glove and vaccine work hand in hand !!
And most of the blind think that once the vaccine roll off, covid will disappear straightaway... they fail to factor in the manufacturer capacity limitation, distribution issue, the multiple dose in stages and more important the side effect that come with it !!

Who care about the hairy monkey singh!! In the end, he is just a reject who is trying to get some attention !! I pity that fool !!

Repeat !!

For those who think that vaccine deployment will solve covid instantaneously ... I feel sorry for you !!
The fact is that the production capacity is at a limit and the distribution is a big issue !! One shot is not enough, you will need multiple shot !! The side effect is still not fully understand !!

In addition, Everyone expect a spike in Covid this few months!! That can only lead to ASP rising for glove !! Next Qr is going to be better for TG especially with the additional 10% capacity and the rising ASP!!

Expect another spike next week before dividend exdate

For those who think that vaccine deployment will solve covid instantaneously ... I feel sorry for you !!
The fact is that the production capacity is at a limit and the distribution is a big issue !! One shot is not enough, you will need multiple shot !! The side effect is still not fully understand !!

In addition, Everyone expect a spike in Covid this few months!! That can only lead to ASP rising for glove !! Next Qr is going to be better for TG especially with the additional 10% capacity and the rising ASP!!

By the way, TG is cash cow for the country for FYI 21!! As long as the current govt dont change and the economy stabilise !! The price will go up and up !!
In the end, you are talking about RM2.4 Bil every qtr for the rest of FY21!! Do you know the impact of that driving our GDP !!

Where is that Pandri Singh ?? That hairy monkey sudah balik kampung beacuse cant find job?? Kesian ?? Come la I give you job ... My dog just shitted, go and collect it now , i will pay you !!

Dont be too suprise that by end of the week, The price goes up to 7.50...
It is considered as the most profitable industry for FY21
And with a high divident ratio for TG...
The sentiment is still good !! Although recently there ia bad news... but is a good thingy because we can buy cheap ticket ... Thanks to hairy monkey also for his effort !!

Dont be suprise of people capitalise in this last few days ... anyway, what do a hairy monkey like you know !!

The current govt is also pretty protective of their cash cow !! And they are not going to be replaced any soon especially with the latest budget majority win !!

By the way!! Up up and away !!
The worker accomodation is target to be settled by this month !!
US Ban in final discussion, looking to resume by early Jan!!

Hey Panri Singh !! Stop being so cheap la ... have some pride plss !!
You want some $$ then go and find a job and work !! OR maybe you cant find, never mind I give you one !! My toilet need washing ... come come I pay you to wash !!

In fact, his intention here is to create a panic selling so that he can come in cheap !! What a cheap begger !! Pityful !! Cannot cari makan at home country... now here also want to beg !! Haizz

Ignore that hairy monkey!! He is just another low end worker !! If he so good or smart, he would have lodged a law suit already !! BUT no, he is here giving his sh!tty comment ...
Go back and get treated like a pig !!

Rejected Hairy Monkey want to demand now !! Go Back to your home country and stay like a PIG!!

Who is this singh ?? If this hairy monkey dont like it, you can ask him to go back North of India and see his own kind treated like PiG!!

Distribution for vaccine, expected to only reached 20% of the population in the first six month...

https://www.thestar.com.my/business/business-news/2020/12/16/one-in-four-people-globally-may-not-get-covid-19-vaccines-until-2022