Kpop going to Forest City ... 48 KM away from Tebrau Bay (IWCity). Not even close....
Looks like IWCity is still leaking hard 😂

Careful on PE bcoz the number is TTM (12 trailing months). Meaning the data include when situation was bad.

KimSua

Can the earnings double from previous qtr and push down the pe to below 40? This should preview kossan potential.

Honestly, I prefer the US tariff on China. I want to see China glove die. 😈

I think the alternative is even dire. Anyway, the vaccine has been around for a long time. Unlike covid vaccine which is relatively new.

Mpox already has vaccine. So not as serious as covid. But I'm still optimistic in US tariff on China. Hope there's early implementation.

Don't be bothered with the IPO. Let it run up and crash.... like Mr.DIY.
Buy at the crash. At least with financial data to observe the performance.

Monkey pox seems to be taking traction.

Or demand is up. Remember they cut production earlier? So it's not over capacity or supply.

YourQuirkyWays29

@Chipee their inventory level did went up from the latest QR, not sure if its due to the red sea issue or them stocking up more. Could be both.

This prove NutSeiko's ignorance in business. He is comparing high profit margin product with thin profit margin product. The more he talks, the more he reveals himself. 😂 TIN KOSONG is the loudest right? ... hahaha

NatsukoMishima

Tesla , apple all beaten down by China , why not a peanut malaysia glove ?? Dont be too naive with that tariff can save malaysia glove !

Hahaha ... are we gonna trust NutSeiko's target price? He can't even get Iskandar Waterfront right and for the rest of his selections. 🤣

Wow ... great news.

Observe USTR announcement on 14 August. Hopefully good news.

Demand must be increasing for them to increase capacity.

TaiMeiLi

Local manufacturers are operating at 60%-80% capacity, up from 40%-70% previously, with the global supply expected to increase by 7.3 billion pieces in 2024, driven by capacity expansions from Hartalega Holdings Bhd (4 billion pieces), Top Glove Corp (3 billion), and Sri Trang Gloves Thailand (0.3 billion pieces). I am still optimistic about Harta's future

5.27x demand for Kossan and ppl still letting go low price. Big players bullying small players to let go.

Best Buy 23,540
Best Sell 4,463

Kossan should release their QR early like Harta to show confidence.

This Nutsaiko is blasting in every stock forum that he has no money to buy. 😂

godhand

Posted by NatsukoMishima > 21 seconds ago | Report Abuse

Tp 3.50 can if China glove factory all close !

u want to side bet? ah waste my time u have no track record

When US tariff hit China. China gloves will close down. Don't worry. They are overcapacity.

NatsukoMishima

Tp 3.50 can if China glove factory all close !

This Natsuko got some serious mental problem. He is putting down on stocks he wish to buy cheap. He is doing the same in glove forums. 😂

ShTan1

@NatsukoMishima If like that your Ranhill might drop even worst

QR possibly be out 20 Aug.

Nikkei down again ... 800 points .. Will today down?

Nikkei down again ... 800 points .. Will today down?

godhand .. agree with you. Can you name other companies that can compete in world stage?

Harta QTR finally in operational profit. Which means glove ASP has improved to $20-21.

Harta finally in operational profit. Which means glove ASP has improved to $20-21.

Nikkei Up 8.7%. US Future up 2% .... Today up?

Nikkei Up 8.7%. US Future up 2% .... Today up?

At 6 month low. Will it break the support? Both Kossan and Hartalega.

At 6 month low. Will it break the support? Both Kossan and Hartalega.

US future down 670+ point. This can go down some more.

US future down 670+ point. This can go down some more.

Surprisingly, Hang Seng is holding well.

SWT1988

Malaysia boleh. Dropping less than 50 points comparing to Singapore more than 100 pts n Japan slumped nearly 15%.

Hold cash first. See where this goes.

This panic selling. Anything is possible.

SWT1988

will buy below 1.60

I add more budget. Wait to see how low it can go. TA is useless now.

When I look at US inflation, I don't just evaluate on the single monthly data. I take account of previous inflation numbers that compounded to today 3%. For example, from April 2021 4.1% to Jun 2022 9.1% then down again today 3% .... each month is positive number compounding on top of each other. So the final price is still high. They really need deflation (negative percentage) to really fix the inflation problem.

That's how my recession idea for US comes from and elevated interest rate. My only concern is a crash like subprime crisis.

Ringgit strengthening is kinda small of a movement to worry about. Especially when US inflation is still on the high side. Promise to cut is also small. 25 basis point. If they are playing on expectation of further cuts, I feel the expectation of Trump's tariff would increase inflation in US. So that 2 narrative kinda balance it off.

Right now, increasing glove demand, increasing ASP and Trump's tariff (even recent 25% tariff) should be encouraging for Msia gloves.

Dow Jones dropped 1.8% from peak
Nasdaq dropped 8.7% from peak. I think Ai trade is over. Many unwind the carry-trade with Japan when Japan increase interest rate. Lets hope hot money is flowing into Msia gloves.

Dow Jones dropped 1.8% from peak
Nasdaq dropped 8.7% from peak. I think Ai trade is over. Many unwind the carry-trade with Japan when Japan increase interest rate. Lets hope hot money is flowing into Msia gloves.

I see US$ just drop vs RM. I hope foreign investors are coming in.

I see US$ just drop vs RM. I hope foreign investors are coming in.

No. Caught me by surprise. Maybank negative report and current US correction.
My thesis is still on going. US-China rivalry and recession in US. So didn't think of taking profit. Timing the market is not my forte'... especially all TA indicators are basically lagging indicators.

Vincenzo999

Chipee did you lock profit when kossan hit 2 years high?

I'm seeing defensive stocks holding well. I'm been waiting for this moment and I hope it comes true.
Investors out from IT and AI and out of US Market and start coming into emerging market like Msia for other defensive stocks like gloves. US stocks are just too high. Time for investors to come back to Msia.

Tyson Foods, Inc. 60.71 -0.08% -0.05
3M Company 125.83 -0.51% -0.64
Anheuser-Busch 63.26 +3.26% +2.00
Coca-Cola 1,281.31 +3.22% +39.93
Procter & Gamble 166.63 +0.57% +0.94
Nestlé S.A. 89.58 +0.45% +0.40
Unilever 62.28 +1.05% +0.65

I'm seeing defensive stocks holding well. I'm been waiting for this moment and I hope it comes true.
Investors out from IT and AI and out of US Market and start coming into emerging market like Msia for other defensive stocks like gloves. US stocks are just too high. Time for investors to come back to Msia.

Tyson Foods, Inc. 60.71 -0.08% -0.05
3M Company 125.83 -0.51% -0.64
Anheuser-Busch 63.26 +3.26% +2.00
Coca-Cola 1,281.31 +3.22% +39.93
Procter & Gamble 166.63 +0.57% +0.94
Nestlé S.A. 89.58 +0.45% +0.40
Unilever 62.28 +1.05% +0.65

Recent maybank negative on gloves and recession expectation in US is causing this down trend. If you look at defensive stocks didn't go down in US stocks yesterday. These are staples like Nestle, Unilever, P&G, Campbell Soup etc .... It's a play on expectation on recession.

My bet on Glove is for coming recession. Glove is used in healthcare, food processing... which are staples industry. Meaning good or bad times ... ppl need these products and services. No worries. Wait for Harta QTR result. Hope can dissipate maybank negative outlook on gloves.

If you look at defensive stocks didn't go down in US stocks yesterday. These are staples like Nestle, Unilever, P&G, Campbell Soup etc .... It's a play on expectation on recession.

But my bet on Glove is for coming recession. Glove is used in healthcare, food processing... which are staples industry. Meaning good or bad times ... ppl need these products and services. I'll going in next week.

Unemployment rate 4.3%. Forecast is 4.1%..... Going down liao la...

Me too 😅 .on Aug 1st.. Today 2nd tranche executed. Now my last tranche to execute... I'll be patient next week.

ChandranG

EPF can get cheap price If they buy today not on 29 July 😁

But Amz beat EPS by 20% wor .... Just watch the unemployment rate. Forecast is 4.1%.

Amazon.com (AMZN)
EPS 1.26 / 1.03 (Forecast)
Revenue 147.98B / 148.68B (Forecast)

Whole market from West to East bloodbath la


NatsukoMishima

Wow , stampede ! bloodbath !