No worry lah, KYY is ikan bilis, like usm in Supermax and TG....

Kyy is old already, where got so simple assumption in share investing by looking at % increase. He ignores the business model of Supermax vs Comfort and Top Glove....

Good job. Thank you Sslee

https://www.enanyang.my/%E5%85%A8%E7%90%83%E5%A4%A7%E6%8A%97%E7%96%AB/%E4%BC%8A%E6%9C%97%E6%80%BB%E7%BB%9F2500%E4%B8%87%E4%BC%8A%E6%9C%97%E4%BA%BA%E6%9F%93%E5%86%A0%E7%97%85

How to control covid 19? Even AIDS till not still no vaccine. All news of stage 1 vaccine promising results just use to goreng related medical health care ting kosong stocks only...


https://www.theedgemarkets.com/article/masks-made-mandatory-australias-secondbiggest-metropolis

https://www.chinapress.com.my/20200719/%e2%97%a4%e5%85%a8%e7%90%83%e5%a4%a7%e6%b5%81%e8%a1%8c%e2%97%a2-%e5%85%a8%e7%90%83%e9%a6%96%e6%ac%a1%ef%bc%81100%e5%b0%8f%e6%97%b6%e5%86%85%e5%a2%9e100%e4%b8%87%e7%a1%ae%e8%af%8a-%e7%be%8e%e5%9b%bd/

https://www.chinapress.com.my/20200719/%e2%97%a4%e5%85%a8%e7%90%83%e5%a4%a7%e6%b5%81%e8%a1%8c%e2%97%a2-%e6%96%b0%e7%96%86%e9%a6%99%e6%b8%af%e7%8e%b0%e7%97%85%e4%be%8b-%e5%bc%a0%e6%96%87%e5%ae%8f%ef%bc%9a%e4%bf%9d%e8%af%813%e5%91%a8/

https://www.chinapress.com.my/20200719/%e2%97%a4%e5%85%a8%e7%90%83%e5%a4%a7%e6%b5%81%e8%a1%8c%e2%97%a2-%e8%a5%bf%e7%8f%ad%e7%89%99%e7%96%ab%e6%83%85%e5%8d%87%e6%b8%a9-%e5%b7%b4%e5%a1%9e%e7%bd%97%e9%82%a3400%e4%b8%87%e4%ba%ba%e7%a6%81/

tomo cheap sales is the opportunity for people who sold to buy back... if there is ready a cheap sale.

Freetospeak sifu is very smart. Thank you for still with us, sharing good views...

Uncle also ikan bilis lah in glove stocks as mkt cap even comfort is very big. Only Ikan bilis kena margin calls. Uncle kena many times already.

Thank you for sharing. This mean price not increase as much as expected. OEM is just a manufacturer, price increase not benefiting kossan a lot, just like Comfort.

In term of share price, Top Glove highest, then Harta, followed by Super than Kossan. Just nice, in term of price is number 3. Stanley will not want to lose to Kossan... bonus issue may not be on the cards for Supermax unless others do first....

any news from AGM? Kossan is OEM like comfort, it does not have much pricing power unlike Supermax. Should consider to switch to supermax as kossan increase in share price not so justify. Worry after quarterly result announced later, price will fall a lot... Just be careful.

new high again for supermax and kossan. I hope kossan n harta will not up so much otherwise some naysayers and The Star paper will say bubble. Kossan and Harta increase no so justify as they are OEM. Supermax OBM will make double what they make in every glove it sells...

Now is July. Covid cases remains all time high...

https://www.cnbc.com/2020/07/04/world-health-organization-reports-new-coronavirus-cases-reach-all-time-high.html

Thanks for AGM note. I think Comfort got less bargaining power than Top Glove and SUpermax. Supermax can sell direct at OBM at about USD 120-150. Comfort only USD 33...

Supermax is far better loh

https://koonyewyin.com/2020/06/30/comfort-what-the-chairman-said-at-the-agm/

today The Star substandard report on drop in glove prices probably the writer refer to pirated gloves on website selling fake fda certified gloves based on Freetospeak view...

U.S. stocks rose on Monday even as U.S. coronavirus cases continued to surge. Good news for glove

correction should be over for now unless US Market crash again.

Interesting writeup from the mgt, refresh again...

“Master-Pack is fortunate that as a player in the packaging industry with a wide range of customers
including the Food and Beverage and Medical Sectors which are essential if not critical for the normal daily lives. For the year 2019 the supply of packaging materials to the Food and Beverage is about 10% of total revenue while the solar industry took up 67%. With the disruption, we may see a shift in the composition for 2020 to the Food & Beverage and Medical Sectors"

Thank you DK66 for the update.

https://koonyewyin.com/2020/06/20/comfort-my-target-price/

We should expect medicine like antibiotic for covid 19. Expect to get vaccine is unrealistic. Moderna first claim can have vaccine, never has any product in the market despite establised about 10 years...

Nasdaq index is recovering now only drops 0.22% vs KLCI today dropped 3%.

Tomo Superman will recover strongly.

US stock drop badly for fear of second wave Covid 19. Good news for glove stock

https://www.cnbc.com/2020/06/11/global-stocks-reel-on-gloomy-fed-outlook-and-fears-of-a-second-coronavirus-wave.html

After today Top Glove results, can we expect IBs to upgrade Supermax target price?

US Second Wave is Coming

As U.S. states push deeper into reopening, several that were among the first to reopen have reported surges in cases and hospitalizations. Confirmed cases across the U.S. have been on a gradual rise since Memorial Day weekend, when packed beaches and crowded gatherings prompted warnings from officials.

Some officials have pointed to increased testing as the cause for rising case numbers, but hospitalization data isn’t nearly as dependent on testing. Texas has reported two consecutive days of record-breaking Covid-19 hospitalizations and hospitalizations are on the rise in Arizona, too, the state’s biggest health-care system, Banner Health, told CNBC earlier this week.

This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. This blog will be updated throughout the day as the news breaks.

IBs do not project 100% increase for q3. i think Top Glove can surprise the market when they announce result tomo

"However, we believe that 3QFY20 did not capture the full impact of Covid-19 as it only began to hike ASPs aggressively from June 20. Hence, Top Glove should continue to record sequentially stronger results beyond 3QFY20," said CGS-CIMB in a note dated June 9.

For TG, not only price increase, bu also volume increase.

CIMB raised Top Glove TP 25. Order lead time till Jul 2021 and big jump in ASP. Supermax should have better profit growth in term of % vs Top Glove due to its business model?



https://klse.i3investor.com/blogs/gloveharicut/2020-06-09-story-h1508699501-CIMB_raise_TOPGLOV_TP_RM25_after_haircut_it_You_serious_F.jsp

From CNBC, looked like second wave coming

U.S. cases have been climbing since Memorial Day, but New York City this week reached an optimistic milestone: on Friday, the city, the epicenter of the U.S. outbreak, reported zero coronavirus death for the day. That hasn’t happened since March. NYC is slated to move into its first phase of reopening on Monday.

Still, the virus continues to spread quickly in parts of Latin America and Eastern Europe, according to the World Health Organization. Brazil’s caseload and death rate are particularly stark, even as Reuters reports that President Jair Bolsonaro threatened to pull his country out of the WHO.

Brazil very serious.

https://www.theedgemarkets.com/article/brazil-takes-down-covid19-data-hiding-soaring-death-toll

Philip gives an excellent view for thoughts: One thing that I always advise young investors is to know the business, and know where the growth and money is coming from. That is the best way to invest. By buying stocks based on yesterday's news, you miss out on tomorrow's future.

It means little to attack people here. Spent time on the above.

Not managed to grab some today at 2.80, where are naysayers said big drop yesterday night . But managed to grab some supermax and top glove on weakness.

Yes. No point attacking OTB here every day. It will not make you rich. I agreed. Try to spend time to research potential growth stocks better than attacking here.

A lot of people here looked down on comfort. Comfort share price will follow Top Glove tomorrow. Most glove stocks are correlated....

I also want to buy at RM 2.05.

Stay out of glove stocks if you use margin or no cash. the risk if getting higher if you contra...

Don't sell out of panic, sell when i rebound if you really have to. You will never win in stock market if you panic sale...Last week i sold gloves to buy banks like PBB and ABMB. Today i sold bank some stocks to buy some glove stocks. Oversold and poised for rebound..

Last week dispose gloves buy banks like PBB, AIMB and CIMB. Today dispose of banks and accumulate gloves.. Hehe

I think top glove can make superprofit like Supermax and declare good dividend this quarter...

Oversold due to panic selling...Not over yet for glove...

Obviously today is oversold due to panic selling. Managed to grab some at average price abt RM 6.5 this morning.

Hi Philip, my humble view is at today price of about 87 sen is a good bargain if you subscribe for 40 sen right with free warrant as power plant is expected COD by Oct 2020, with synchronization expected in June/July 2020. 2018 is warrant right issue. Asking for 40 sen every 2 shares held is not excessive as power plant is big project. MFCB did the right issue also previously.

Retail investors already bought the shares earlier should not sell out of panic at this price of 87 sen but should subscribe for right issue with warrant.

Look like uncle has a lot of shares not sold yet and he is panic now. The Leong Hup Director Lau should not keep selling the company as this is not good sign for the company. He so desperate for money?

Uncle also panic quickly come out an article. Is risky now to chase high...

Thank you Philip for your view. You are certainly a great investor.

Glove companies earnings are correlated with demand of gloves. Demand of gloves are tied with Covid 19 which is highly infectious. As long as vaccine is not available(likely to be available only 2021, maybe 50% change only per Oxford Univeristy research team). I feel is a bit too early to sell. I will peak, but no body know when. I hope there is vaccine for cancers such that there will be less people suffer...

Just some thoughts

For thoughts only. In investments, one must exercise judgement based on knowledge and experience and do a lot of homework. There is a lot of positive and negative views in i3.


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Lee Kok Wee Jack Khan Before i go sleep
https://www.msn.com/en-my/health/medical/10-myths-about-the-coronaviru...=1
risk of no vaccine until next year is very high even higher than risk of investing in supermax now!
The risk of having vaccine by Dec 2020 - have no effect on supermax earning as they already have order for 1 year assuming by April 2021!
So if you hoping of vaccine soon and refuse to invest in supermax then you are taking bigger risk than most of us here that taking some risk to invest in supermax!

It is up to you all to calculate the PE however we don't know what will happen next day or next month! We only can control our risk ! Even if you are not investing you are also taking risk!
24/05/2020 9:34 PM

Sincerely , i really hope vaccine can come out soonest possible so that my business can resume as normal . But in reality , it is still a long way to go . I studied many expert commented that vaccine tested on human take very long time because need to monitor minimum 6 months to 1 year (or even longer time) to make sure no harmness to human body later stage .
During this period (global recession) , where to earn money ? U think other than glove and medic , what other shares can guarantee good return ? O&G ? Short term may be ok but very risk because demand still low .
As u all aware , many company QR out last Friday . Most companies RED .......
Of course share price cannot be always up , sure got investors cash out and price drop a bit then go higher and higher again . I bought when price RM1.50 , every drop will come another bigger up because when drop , all new investors will in . What so worry ?
To me , as long as below TP , i will buy .
Prove to me if i were wrong .

Not all RI is bad. RI for Dayang and Perdana were a good one where investors are making good monies...

Sslee got a very good point here.


--------------------------------
Sslee The RI is for those big funds who have miss the boat to come in now at cheaper cost for them.
If they spend RM1,000 to buy 1,000 unit 6 month down the road their cost is RM 1,200 to own 1,500 unit JAKS plus 500 unit JAKS-WB.
And by that time power plant already COD and start making money for JAKS.