Stockhunter.. How to fly when biz affected due to MCO plus bank loan will be stringent?

Ha Ha.. Great, soros..

Expectation from glove is clear and over.. Nobody can dictate the market..

Take note that Ruberex already increased more than 300% from 42 cents.. Top glove only 30 plus%...

Just imagine billions of contracts in hand..The share will explode anytime once the oil price move up plus lockdown uplifted..

Agreed. Value.. Oil n Gas counter is slowly taking over glove counters.. Moreover price of oil still rock bottom and plenty of opportunity..

Market don't wait for us.. Cut loss or less profit.. I am, suppose to make 50% but wait wait finally only 30%..LESS LOSS AND MORE PROFIT.. TRADING RULE TO SUCCESS.. 2 cents tips.. Happy trading

Rule of thumb.. 4 to 5 days drop.. Don't wait.. Sell.. Ha Ha..

Not only cigarette, illegal alcohol also drop cos road block by police due to MCO..

Good profit margin and ROE with zero debt.. Will fly high..

Hexza losing power..... Like ruberex.. Ha Ha..

Kim.. I love Harta.. Fundamental strong.. good earning and low debt..

Strong counter but must buy at the right time..

Fundamentally i think Nylex Is weak with negative PE, ROE, Profit..

Now i understand about PP.. Thanks sifu..

Guess oil and gas counter taking over. BUT as long as covid still active, gloves counter will grow.. Ha Ha..

Serba Dinamik Holdings Bhd is planning to reduce its dependency on the oil and gas (O

Agreed.. Bursa... After PH took over, MYEG shares drop quite bad.. Great counter but timing must be right..

ASTRO not affected by covid or oil price up or down plus dividend has been consistent. With FD rate dropping, Good dividend cpunyer should be our prjority..

Thanks Abc sifu.. Any reasons for oil n gas plus construction play? Sorry i am still new..

I am using RHB investment method.. Hope it is right.

Based on the new capital of rm534m and 277m shares.
The TP should be:
%Ent. Value..MYRm.     _   534
Cash.                             -      56
Debt.                           .  - (.   12   )
Equity value.. MYRm.  _.  578
No of shares.. m.              277
Target price.. MYR..        2.08

Will additional listing of rm25million dilute the share and thus push the counter down. I thought most of the glove counters are down today, and mostly due to correction after many days of surging.. Once the dust settle down, it will find its momentum depending on market sentiment..

Rubber glove manufacturers to benefit from Covid-19 and weaker ringgit

Bursa O

Brent and US oil futures rose 6.7% and 9% respectively after the International Energy Agency (IEA) forecast lower global stockpiles in the second half of 2020 (2H20) amid concerns that a second surge in Covid-19 infections could happen in the coming months.

Flight cancellation till end of June.. See liou...

Good returns seen for rubber glove sector. UOB Kay Hian Research is maintaining a market weight on the rubber glove sector, as there is earnings upside of 99% and 46% for financial year 2020 (FY20) and FY21, respectively.

Oil n gas share is at rock bottom and will fly anytime like gloves counter once the lockdown is over..

Meaning stock related to covid should be moving anytime..

WHO warns it could take up to 5 years before the coronavirus pandemic is under control. Hence the demand for sanitizer is always be there. Expect this counter to move faster cos glove counter already too far infront.. Ha Ha..

Great and consistent dividend plus ression proof counter.. Ha Ha...

Agreed with kelvin.. Top glove revised target of Rm13 will have spilled over effect to other golves counter.. Cheers!!

Based on same calculation Top Glove TP is RM9. 18...

The above calculation is using RHB investment method.

Ent. Value..MYRm. _ 576
Cash. - 56
Debt. . - (. 12 )
Equity value.. MYRm. _. 620
No of shares.. m. 252
Target price.. MYR.. 2.46.

Again i reiterate, as long as covid is still a big issue, all glove shares will prosper irrespective if they are small or big..

Agreed.. Everybody has their own agenda..so trust trade with your heart and soul cos nobody even warren buffet can say the shate will go up or down.. Stay focus and hapoy trading.. Cheers!!

“Indeed, many countries are worried about the possible emergence of a Covid-19 second wave. We are equally worried, ” said Dr Noor Hisham at the ministry’s daily Covid-19 press briefing here Tuesday (May 12

Agreed. Cimb is the second largest Bank in Malaysia. Obviously Bank is lower risk than glove counter. High risk high retur... Cheers..

As long covid issue is not settle demand for gloves will still be strong. Selling or buying depends on individual appetite.. Cheers!!

Ruberex is following closely with others and will sprint last minute macam Hussien Bolt. . Ha Ha.. Hua ah huat ah..

Gloves counter sprinting and luxchem is still walking and now running later sprinting to catch up with them.. Rm1. 00 coming.. Up up

Rule of thumb from my sifu.. Sell when price is going down buy when share going up.. Guess it is right to a certain extend..

Just wonder if the change in biz model similiar to GDex but unproductive staff still around..

Soon breaking rm2. 00.. All gloves counters moving like bullet train.. Zoooooom...

Gloves counters moving like nobody biz obviously Luxchem will tag along nicely.. Cheers!!

Market sentiment for glove is strong.. Keep flying..

Luxchem should climb up together with glove counters..

Thanks for the comprehensive view. Pang123