This company have been losing money for years. This is like a personal pump and dump company for insider to make money.

@makemesomemoney Why wait for quarterly report when we can make our own? Tomorrow Penta, Dufu, Frontken, MPI, and all up

Congratulations to all of us, tomorrow we buy Pentamaster? or Dufu? or what?

Friday when 10 cents I will buy

incoming 10 cents.... i buy

2:30 can start trading again?

AAX +5% right now.... still got people dont learn. AAX is in an even bad shape than AA.

@Mabel

How much you invested? I am curious.

Finally, somebody can buy up AA for RM1 again.

I wanted to make it move by donating RM60, then it says "Order entry for [AIRASIA, 5099] has been forbidden." Why? Because they failed to submit report?

WTF is going on, the best Buy is 0.9 and the Best Sell is 0.6
the counter is not moving.... somebody, make it move

@ocpd i3 got other sites too, Singapore, USA, Australia... i3 HQ is in USA.... how?

This company is confusing to me, they are an O&G company that is branching out to property development? some virtual theme park? Their financial results for every quarter including this year is beautiful, but somehow the price is so depress? weird

Stock price went up for 5 days after they sold, weird. They dispose of their low end product manufacturing business already. They got make stuff for sony too. After doing some research, they are more into mass producing stuff for other companies. kind of like walmart targeting the poor and mid.

Welcome new investors, the previous (RM15-RM18) investor have left this forum, you guys, the new RM18-RM20 shall take over their place and spam this forum on how wonderful TG is. Good luck

@IvanC Price still up after rate cut.... TP25, buy buy buy

If I am forced to buy and hold for 1 years between TopGlove and AirAsia, I will choose TG even if it means there is a possibility of a vaccine soon.

i am surprised AA is still not 50 cent.

The previous cheerleaders ( RM15-RM18 ) are now out, they've cashed out. So, we will see new usernames, new cheerleaders ( RM18-RM20 ) taking over their place and say the new TP price, and how this pandemic will not have vaccine and etc.

@MajuGenting I think they know it is a goreng stock, everybody just wish they are not the last person to leave.

muhyddin says need 4 years for tourism to recover. 4 years.... Genting, AA, AAX, Hotels all gg... if not 4 years, also GG for 2 to 3 years.
https://www.nst.com.my/news/nation/2020/07/606284/pm-local-tourism-industry-will-need-four-years-recover

can someone please explain to me why MPI's PE is so low compared to other semiconductor companies? Others seems to be flying all the time, why?

@newbie4444

Before you take a new loan, make sure you have enough money in your bank to pay the loan in the event you lose your job. It is also your responsibility to make sure you have an insurance policy to cover any unforeseen circumstances.

Now, can the bank charge you more if they are making losses? Should you pay more interest if you suddenly earn more? No. it is an agreement between 2 parties and whatever happens in between doesn't void or change the agreement to benefit either sides. Period

@yfhew1

Thai is not the CEO, not even a director, he has no position in Supermax, only a stockholder.

@Daily8

We still in lockdown? When are they opening up?

i think the more angry you are, the higher the price will be. Please continue. Good luck.

i dont know about windfall tax, i think not possible, just rumours. but china mass producing something is real. you can continue to be in denial or cut losses. no point getting angry and scold people. move on and be a grown up instead of crying like a baby. you've gambled and lost, move on.

Sorry for speaking the truth, my advice is cut losses and move on. you bought at the wrong time, now you want the price to go up so that you can exit and let other people lose money?

@Khoo810

Exactly, once China decided to mass produce something, nobody can compete. I dare say in the next 10 years, glove prices will be depressed to a point profit margin will be super low. Just look at how fast China moves.

Gloves is not a long term play, it is a risky investment now. Stick with other blue chip companies such as Maybank or whatever you prefer. I am willing to bet by the end of the year, China will be one of the big glove manufacturer in the world.

Regeneron is testing its antibody cocktail in patients in the US. The New York-based biotech company is enrolling hospitalized and ambulatory patients with Covid-19 in the initial safety/virology phase of the trial, spokesperson Alexandra Bowie said this week. The company hopes to have preliminary data in the next one to two months. They are scaling up manufacturing to create hundreds of thousands of doses by August 2020, dedicating their entire manufacturing plant in upstate New York to the effort.

https://edition.cnn.com/2020/06/26/health/antibody-therapies-covid-19-update-wellness/index.html

Antibody medicine will be available by September, 2 more months.

@TokioDeals

How much you invested in TG? What is your average price? I am willing to bet you are losing money now and want people to buy to hit your own tp price, so that you can exit.

@spermx

Sure, TG has been making money for 10 years, nobody is doubting it. Question is, can they make these extraordinary profit for 10 years? If they cant, then the price will drop. Question is when? Many countries already say vaccine by end of the year or early 2021, this means got another 7 to 8 months before price collapse. Stock is a forward looking thing, thus, people know the collapse is coming but when, and nobody wants to be the last person holding the bag, just like you, pushing to exit.

@TokioDeals

You only listen to what you want to. Am talking about long term. Cant TG continue to make sure profit for 10 years? No. I rest my case.

@TokioDeals

I am not promoting anything, just saying there are many other long term companies. Buy PChem, TIME, UTDPLT, Pentamaster, Tenaga, or anything that you know won't fall X2 or X3 within 1 year, and have potential to go up in 10 years time.

Gloves... once vaccine is available, which will be October, before November, will crash. Don't say need glove for vaccination, the nurse can't be changing gloves for every shot, they will use hand sanitizer - cheaper, faster and effective.

If you are happy and felt relieved when IDSS got extended, then you should know deep down inside what kind of stock you are holding. You will not care about IDSS if you bought Maybank, PBB, TM, IOI or any other none-goreng stock. Just saying, dont be mad.

If you are happy and felt relieved when IDSS got extended, then you should know deep down inside what kind of stock you are holding. You will not care about IDSS if you bought Maybank, PBB, TM, IOI or any other none-goreng stock. Just saying, dont be mad.

Last week I already advice everyone to cut losses and just move on. Glove counters already peak. It is better to just invest in Maybank, Public Bank and other good PE blue chip companies. Maybe Maybank will fall, but it wont collapse X2 or X3. Long term, it will go up and give good dividend.

Glove stocks are over. Sorry. Really sorry for those that lose money. Cut losses and move on.

Last week I already advice everyone to cut losses and just move on. Glove counters already peak. It is better to just invest in Maybank, Public Bank and other good PE blue chip companies. Maybe Maybank will fall, but it wont collapse X2 or X3. Long term, it will go up and give good dividend.

Glove stocks are over. Sorry. Really sorry for those that lose money. Cut losses and move on.

Bank can give loan with gov guaranteeing it, question is, can they make money? will they still lose money and for how long? If this bleeding continues for years, there will not be another loan.

With gov all over the world bailing out their airlines, this means every single airlines will be throwing prices to grab market share, after all, it is free money by their gov. When prices goes lower and lower, how can AirAsia competes? they are already operating at a tiny margin.

@Daily8

Jan to March they have less flight - losing money, negative EPS
April to Jun no flight - losing money, negative EPS
July to September have less flight than Q1 - confirm lose money, negative EPS
October to December I dont know

I dont know how can coming quarter be profitable, use brain also know already, they have to pay rent for 300 airplanes, then pay parking fees for 300 airplanes, then pay salary and maintenance cost.

To be profitable, they need to have 300 planes in the sky, how many are in the sky now? 5% 10%? Even at 50% they still lose money. They will continue to bleed until vaccine is available and everyone gets the shot. For now, only essential traveling is allowed.

You have magical numbers in your brain, probably you bought high and now wants it to go higher so that you can unload it to newbies.

@Daily8

Next Q will be negative also.

@Daily8

login to your trading account and check the EPS, it is there. It is -9.10
Yes, negative 9.10. This is officially from BURSA malaysia. Thanks.

@Daily8

I am here coz you wrote lies in one of your comments. I am here to correct your lies so that new investors don't eat your lies.

Will AirAsia rebound? I don't know. Will AirAsia goes bankrupt? I dont think so, gov will not want that to happen. Will AirAsia stock fly? I dont know.

What I care is you stop lying, that's all.

https://www.theedgemarkets.com/article/urgent-intervention-needed-save-airasia-%E2%80%94-cgscimb-research

@Daily8

Again, you are seeing what you are seeing, did you not read the linked I shared? Even TheEdge has the same article. AirAsia has money to last until September/october unless they have new source of income like selling more tickets and etc.

What 13 months? You are delusional and trying to bluff yourself.

@Daily8

You are making up facts and stories. Here are the facts:

- AirAsia had a cash balance of RM2.6 billion
- The low-cost carrier’s current cash balance may only support it for less than five months (Until September 2020 if no new cash coming in)
- Warren Buffet bought the big 4 airlines in 2016, only 4 years ago and sold it at a loss.

What I said can be googled. Don't create lies to justify your holding on AirAsia.


https://www.nst.com.my/business/2020/04/582382/airasia-may-last-less-five-months-current-conditions-may-raise-rm1bil-debt

Will it stay up after dividend?

What is the lesson? Never listen to sifu, especially sifu you dont know. Just buy Maybank lah, steady. Some more got EPF and many support MBB.

TG is a good stock, unfortunately, the exchangeable bonds ruin it. Their price is RM6. Those that bought early already cashed out, leaving late comers holding the bag, which I suspect most of them in this forum bought around RM15+

2nd wave or no 2nd wave, there will not be another lockdown. It is too damaging to the economy. Just look at countries with 2nd wave, Iran, Israel, Peru, and etc, all says no more lockdown. They will manage it medically, which is good for glove companies.

I don not see a rise in stock price unless these gloves company intend to give crazy bonus and dividend. You can buy the share but if the bosses refuses to share the profit, what is the point?

.

Amazing Grace, how sweet the sound
That saved a wretch like me
I once was lost, but now am found
Was blind but now I see

Good news, according to technical, tomorrow it will rebound, by how much? I dont know. Good luck. maybe tiny rebound then go down again.