Today Top Glove released its 1QFY2021 report. You can access the full report here.

The stock has been trading at below RM7 level for the better part of the last few weeks on a myriad of news perceived as bad. Albeit all that, the company posted a net profit of RM2.38 billion for the quarter. They have approximately 8.2 billion outstanding shares. This gives the company an EPS of RM0.29 for the quarter. Let's do a bit of calculating:

- Assume the profits don't increase (they are expected to, but we will be conservative).

- This would mean an EPS of RM1.16 for FY2021.

- This translates into a forward P/E of 6 at price RM7 (as of writing this, the price is RM6.84)

This make is one of the lowest valued stocks in the entire stock market, with only 5 companies having forward P/Es of below 6 at the time of writing this.

If we assume that a stock is fairly priced at P/E 15, this would mean that the fair value of Top Glove is RM17.40.

At the same time, one of Top Glove's main competitors in the glove manufacturing market - Hartalega, has a consensus forward P/E of about 19.5 based on its current market price.

Let's assume that the market assigns the same valuation to Top Glove as it does to its direct competitor and simiarly-sized peer Hartalega. In this case, Top Glove's market price would be RM22.62.

https://klse.i3investor.com/blogs/bursainvestments/2020-12-09-story-h1537503578-Top_Glove_Fair_Value_Analysis_9_December_2020.jsp

lots of sourgrapes here

Top Glove posts record quarterly profit of RM2.38b in Q1WOW!! When is the next dividends.

https://www.malaymail.com/news/money/2020/12/09/top-glove-posts-record-quarterly-profit-of-rm2.38b-in-q1/1930302

NPRA1985 tqvm

Which Malaysia Company signed an agreement with Sinovac?

https://www.theedgemarkets.com/article/titijaya-teams-chinas-stateowned-healthcare-group-sinopharm-supply-ppes-test-kits
KUALA LUMPUR (April 29): Titijaya Land Bhd has inked a five-year agreement with a Chinese state-owned medical equipment manufacturer to develop a business that will be involved in the trading and distribution of medical and hospital equipment, as well as medical industry-related real estate.

In a bourse filing, the group said its wholly-owned Titijaya Resources Sdn Bhd (TRSB) had inked the strategic collaboration agreement with Sinopharm Medical Equipment QuanZhou Co. Ltd (SMEQ), which is part of Sinopharm China National Medical Device Company, whose holding company is China National Pharmaceutical Group Corp (Sinopharm Group).

"Sinopharm Group is a large healthcare group directly under the State-owned Assets Supervision and Administration Commission (SASAC) of the State Council, with a full chain in the industry covering R&D (research and development), manufacturing, logistics and distribution, retail chains, healthcare, engineering services, exhibitions and conferences, international business and financial services," said Titijaya.

What was the 1st tranche price of the PP per Placement Share?

https://www.facebook.com/407504242094/posts/10158692725107095/?sfnsn=wa
EXCITING COVID VACCINE RESULTS

SELL HIGH when this stock surge. Wait BUY LOW increasing your stocks with your gain/extra

KANGER Stock Chart

https://www.tradingview.com/symbols/MYX-KANGER/

*AT* has more potential...

Looks like this stock will start moving up up....

I will never allow mRNA (Bio-engineered vaccine into my body.

https://finance.yahoo.com/news/pfizer-inc-pfe-chairman-ceo-001511415.html?guccounter=1

Pfizer Inc (PFE) Chairman & CEO Albert Bourla Sold $5.6 million of Shares

Who is AT's Chairman?

Easy!! just move along with it. SELL when its suddenly shoot up. Wait to BUY LOW.(only if you believe this counter might move bec of the vaccine)

I don't think is contra kaki the caused the drop.

I would come back to buy KANGER after I have sold KSTAR at 2.00. I guess it would still be around 0.23

KSTAR is the DISTRIBUTOR for KANGER

KSTAR is the real deal

Meanwhile waiting for your KANGER to move UP, why don't you all buy some GLOVE shares now ....

@gglagg "INSIDER SELLING TO YOU"....Exactly

KANGER behaviour is UP-SELL DOWN-BUY can never move up hahaha

4 Earnings and earnings per share ("EPS")
The Proposed Private Placement, which is expected to be completed by the first
quarter of 2021, is not expected to have any material effect on the earnings of Kanger
Group for the financial year ending 31 December 2020. However, there may be a
dilution in the EPS of the Group for the financial year ending 31 December 2021 due
to the increase in the number of Kanger Shares in issue arising from the Proposed
Private Placement.

APPLICATION TO THE AUTHORITIES
The application to the relevant authorities shall be made within 2 months from the date of this
announcement.
11. ADVISER AND PLACEMENT AGENT
UOBKH has been appointed as the Adviser and the Placement Agent for the Proposed Private
Placement.
This announcement is dated 13 October 2020.

ESTIMATED TIMEFRAME FOR COMPLETION
Barring any unforeseen circumstances and subject to all required approvals being obtained,
the Proposed Private Placement is expected to be completed by the first quarter of 2021.

KSTAR is the distributor for KANGER's vaccines

How many shares issued in KANGER?

@zhm540 exactly indeed

KSTAR

https://www.theedgemarkets.com/article/kanger-seeks-rights-distribute-chinadeveloped-covid19-vaccine-southeast-asia
After rubber gloves, Kanger now ventures into COVID-19 vaccine distribution dated 22 September 2020

What's MMAG?

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3103148

KSTAR - Unusual Market Activity
K-STAR SPORTS LIMITED

Bursa Malaysia Securities Berhad has on 06 November 2020 issued an UMA query on the sharp rise in the price and volume of KSTAR shares recently.



In this respect, investors are advised to take note of the Company’s reply to the above UMA query which will be posted at Bursa Malaysia’s website under the company announcements,http://www.bursamalaysia.com/market/listed-companies/company-announcements/ when making their investment decision.



The contents of the UMA query is as follows:-

or jump to KSTAR when you sold this stock

SELL when high, BUY BACK when low for this stock. This stock is like ASB , IRIS etc

Is there any stock where BUY SELL with big numbers ever rise high?

Is ZUELLIG PHARMA SDN. BHD riding on KSTAR?

yes it will move but it won't go very high.

How many shares KANGER has total?

Kanger will still be in the range of .20 -.30 sen when vaccines is out

Hard to believe because they sell shoes hahaha

KANGER is really the wrong horse. Te
hey are using KSTAR

___play along with it.

*KANGER* SELL when price up, BUY BACK when price down. This is the way to take profit from KANGER

Ok

https://siakapkeli.my/2020/10/23/32-orang-maut-selepas-disuntik-vaksin-influenza-perdana-menteri-korea-selatan-arah-siasatan-menyeluruh/?fbclid=IwAR19MgRR6ZqreakxO6alFqZvome6XbS3hf0XCQcvcEHe1ChJj0hm_DBO5I4

32-orang maut selepas disuntik vaksin nfluenza perdana menteri korea selatan arah siasatan menyeluruh

https://siakapkeli.my/2020/10/23/32-orang-maut-selepas-disuntik-vaksin-influenza-perdana-menteri-korea-selatan-arah-siasatan-menyeluruh/?fbclid=IwAR19MgRR6ZqreakxO6alFqZvome6XbS3hf0XCQcvcEHe1ChJj0hm_DBO5I4

https://www.klsescreener.com/v2/news/view/744151

Sentiment turns cautious on Bursa as speculation about national health emergency mounts
TheEdge Fri, Oct 23, 2020 05:17pm - 1 hour ago


KUALA LUMPUR (Oct 23): Share prices have reversed their upward trend seen earlier on Bursa Malaysia today as speculation is rife about a national health emergency which may include the suspension of Parliament.

The FBM KLCI, which posted gains at the end of the morning trading session, fell into the negative zone in the afternoon trading session. The benchmark index dropped by 4.16 points or 0.3% to close at 1,494.64

@vinsonteng -ditto- you must run to take profit when you see this counter is up.