YTL is a crony and thrive if the have a good master. Najib is not a fan of YTL. Muhyddin awarded the project because Mahathir and YTL good friend. I think YTL is still close to Myhyddin, problem is, can the PM survive long enough? Looks like UMNO wants this gov to collapse too and call for GE15, read Zahid Hamidi's FB post.

https://www.facebook.com/zahidhamidi.fanpage/posts/1760905044048065?__cft__[0]=AZVQLIt5Cz4LMTNGGww7NfkZWQ-8n_Npez-5emmNB37fLEACKWwT29VJ32AOBF4-PxxCemmK0S-dPERJ6W3G-KRHvOVTL7QL3c0Mc-kpdkv8XWxiDnj2b0qVtyLWr6JUukvOxSIrlmcgi4wtx67u6y_Wg6_D3LrxcGcqAZajR4u7AQ&__tn__=%2CO%2CP-R

First time after so many months I see Local Retailers (You and Me) with negative Net Trade.

https://scontent.fkul13-1.fna.fbcdn.net/v/t1.0-0/p180x540/101200968_247839309999458_7574859126455402496_o.jpg?_nc_cat=109&_nc_sid=730e14&_nc_oc=AQlqEKHMJsFstJvbQW1VfxTCG2SBPaU6BtCH1QWTbeDYfc2q4O97Jn_kSvEq_IkExkQ&_nc_ht=scontent.fkul13-1.fna&_nc_tp=6&oh=428e7cd7c5443cd0a1d4d186a6f7facd&oe=5EFCB1C1

The first row is Local Institution, Second row is Foreign, and last (blue) is Retail at -158 million.

All kena makan....

First time after so many months I see Local Retailers (You and Me) with negative Net Trade.

https://scontent.fkul13-1.fna.fbcdn.net/v/t1.0-0/p180x540/101200968_247839309999458_7574859126455402496_o.jpg?_nc_cat=109&_nc_sid=730e14&_nc_oc=AQlqEKHMJsFstJvbQW1VfxTCG2SBPaU6BtCH1QWTbeDYfc2q4O97Jn_kSvEq_IkExkQ&_nc_ht=scontent.fkul13-1.fna&_nc_tp=6&oh=428e7cd7c5443cd0a1d4d186a6f7facd&oe=5EFCB1C1

The first row is Local Institution, Second row is Foreign, and last (blue) is Retail at -158 million.

All kena makan....

AmBank Research in its latest note, maintained “overweight” on the sector on expectations of higher sales and wider profit margin, as demand growth triggered by the Covid-19 pandemic is not seen to subside anytime soon.

https://www.theedgemarkets.com/article/glove-rush-jolted-tighter-financing-%E2%80%94-selldown-temporary

AmBank Research in its latest note, maintained “overweight” on the sector on expectations of higher sales and wider profit margin, as demand growth triggered by the Covid-19 pandemic is not seen to subside anytime soon.

https://www.theedgemarkets.com/article/glove-rush-jolted-tighter-financing-%E2%80%94-selldown-temporary

pity retailers and small players, especially those on margin. kena attack by IB. They took the opportunity to sapu...

Simply put it that way, TG is a bluechip, in KLCI 30, is the stock going to 0? No. Will the company exist in 10 or 20 years time? Of course. Nothing to lose, everything to gain. Q2 will be even better.

TG already says, annual grow will be 12% post-pandemic.
https://www.theedgemarkets.com/article/postcovid19-glove-demand-grow-12-year-%E2%80%94-top-glove

Which company can give 10+% growth every year?

The legendary Salvador Dali wrote this today
http://malaysiafinance.blogspot.com/2020/06/glove-volatility-traders-paradise.html

The legendary Salvador Dali wrote this today
http://malaysiafinance.blogspot.com/2020/06/glove-volatility-traders-paradise.html

Up Up Up. TP20. I bought some today, wish everyone good luck. Collect before it hits RM20.

Wait. https://www.topglove.com/corporate-calendar/

11 June is Investor Relations Events
18 June is 3rd Quarter Results*

*Note: Proposed dates of quarterly results announcement which is subject to change

Heavenexile, someone wrote it on Kossan Forum or is it Harta.... not sure, I need someone too verify. Is it true?

Why Top glove change the result announced date from 18 june to 11 June?

10 days from now, Covid cases will spike in USA. 2nd wave coming. Who doesn't know all the mass gathering and protest in USA? Even in MCO we find it so hard to control and still got new cases, imagine in USA and all the mass protest. 10 days... just be patient and we see new high soon. TP10 and beyond.

2nd wave coming.

10 days from now, Covid cases will spike in USA. 2nd wave coming. Who doesn't know all the mass gathering and protest in USA? Even in MCO we find it so hard to control and still got new cases, imagine in USA and all the mass protest. 10 days... just be patient and we see new high soon. TP20 and beyond.

I think 18th June

Dont worry, 2nd wave Covid coming. 2nd wave up trend coming too.
https://www.cnbc.com/2020/06/02/coronavirus-live-updates.html

Dont worry, 2nd wave Covid coming. 2nd wave up trend coming too.
https://www.cnbc.com/2020/06/02/coronavirus-live-updates.html

If got vaccine, still need gloves to give injection, right? Now that everyone is taking extra precaution, I dont see why they wont use gloves.

TP 20. Banker sapu all, pity those margin player. Always buy with cash. Think positive. willl TopGlove goes to 0? No. If you buy with cash, you can hold, it is a matter of time only.

Are the directors selling? No. 18th June RM20+

Nothing to worry, directors the share, this means the price is good. Those that sold, don't panic. Everything will be ok

[ Jun 1, 2020 ] Malaysia Gloves Sector Primer by Maybank Investment Bank - Quantifying Risks & Reward
https://www.youtube.com/watch?v=_PvnmQ2CggY

TP RM20... tomorrow up

Salvador Dali has spoken, price is more or less there after clearing out the weak margin players. Will reload tomorrow. Wish me luck.

https://twitter.com/Salvado99606313/status/1267654788654620672

Salvador Dali has spoken, price is more or less there after clearing out the weak margin players. Will reload tomorrow. Wish me luck.

https://twitter.com/Salvado99606313/status/1267654788654620672

they know what is haircut, purposely misled so that they can lower the price and sapu all. All we need to know is no directors from TG sold their stock, will they sell low knowing the price will fly on 18th June?

Unlike other glove counter, both TopGlove and Supermax's directors and founder never sell their shares. This means they are confident about the price and expect it go to higher, right? Others I see cash out quickly.

Every test they do they need a new pair of gloves. Mask you wear for a few hours but gloves is like condom, use once and dispose. With so many testing going on, rest assure sales will be good.

Tan Sri already said before pandemic they run at 85%, now 100% .

- Max production.
- Additional factories
- Double demand
- 340% increase in price ASP

TP20++ coming soon by IB.

Today I all in.

[ Nikkie News Apr 17, 2020 ] Top Glove claims to have a 26% share of the rubber gloves market in Brazil. Since 1991, the company's compounded annual growth rates for revenue and profit have been 21.7% and 19% respectively.

Now pandemic in Brazil and South America. Top Glove Top Top Top

my friend works in TopGlove. He told me have I seen any directors selling the shares? If the answer is no, then you should know what to do.

Global case still rising at rapid pace.
https://news.google.com/covid19/map?hl=en-MY&gl=MY&ceid=MY%3Aen

Cases in Califonia (USA largest state in GDP) is increasing at a rapid pace
https://news.google.com/covid19/map?hl=en-MY&gl=MY&ceid=MY%3Aen&mid=%2Fm%2F01n7q

Global case still rising at rapid pace.
https://news.google.com/covid19/map?hl=en-MY&gl=MY&ceid=MY%3Aen

Cases in Califonia (USA largest state in GDP) is increasing at a rapid pace
https://news.google.com/covid19/map?hl=en-MY&gl=MY&ceid=MY%3Aen&mid=%2Fm%2F01n7q

Covid cases still rising all over the world. They need gloves to do testing everyday, use once then throw. How many millions they test per day?

Somemore USA memorial day large gathering, now this protest big gathering. 2nd wave coming, confirm.

https://news.google.com/covid19/map?hl=en-MY&gl=MY&ceid=MY%3Aen

Which counter is a growth counter? KLCCP is just a REITS, also, the office mall rental segment is not going to grow anytime soon, maybe not in this next 3 years.

QL on the other hand is growing. They still have many states without FamilyMart, and they can expand their palm oil, chicken feed, marine and etc. KLCCP is stagnant.

QL makes more sense. That article, I think someone is trying to push it down to buy cheap.

Growth vs Stagnant company, which one will enter KLCI 30?

If no bailout, the true value is 0 cent.

Got new CEO
https://www.theedgemarkets.com/article/cimb-appoints-expnb-chief-abdul-rahman-ahmad-new-group-ceo

If you reinvest for growth and market share, like FamilyMart, sure PE high.

MyNews is not so good. I can see their effort in competing with FamilyMart but somehow I still prefer going to FamilyMart for food. I give them A for effort. But their name not so good... MyNews... go buy magazine and newspaper... nowadays where got people read anymore, the only thing they read is facebook.

maybe need a new name and a new look

A growth stock.

I think the likelihood of it being included in KLCI is high, reason being that it is a growth stock, it is liquid and diverse. As for growth for 2018:

7-Eleven revenue RM22B with 2411 outlets
myNews revenue RM4B with 535 outlets
FamilyMart revenue RM5B with 185 outlets

And FamilyMart has yet to open in Penang, Perak, Sarawak, Sabah, Kedah, Kelantan, Pahang, and etc.

There is no FamilyMart in Singapore, hopefully QL get the license to operate there.

Dr.Chia seems like a dedicated person, and QL has many more room to grow in the food sector.

Gamuda Top 3 shareholders are:

Employess Provident Fund Board
Kumpulan Wang Persaraan (Diperbadankan)
Amanah Saham Bumiputera

Gov will protect their own interest. Also, they got experience in building MRT, LRT, Tunnels and etc. Launching mega projects like these are one way of boosting the economy. Singapore too would love to see the HSR as it will boost trade and construction.

Before PH won GE, the HSR project was awarded to Gamuda, YTL, TH and is it MRCB? Gamuda will get something, question is how big only.

Banks are ok, stable. I think people are concern about Q2 report and NPL after the 6 months memorandum thing. Many just stay at the side and wait. By the end of 2021, I think all bank stocks will be higher, so, for long term bank stocks are cheap already.

p.s. I dont own any bank stocks. Not yet.

HSR, MRT, LRT... so many projects going to be announced soon.

My question: Will Gamuda fly? or YTL better?

-------------------

Local players have managed to surprise and scare themselves at the same time when we kept recording massive volumes for a few days. The super charging train was stopped dead in the tracks when the profit taking set it. Even so, judging from the depth and breadth of players, the profit taking was well absorbed.

True, most of the activity entered on smaller caps, but it did switched to larger caps as well. The rotational play will continue way into Raya period when we come back from holidays.

If small caps are too risky for you, have a look into the High Speed Rail play. It was reported in the May 18024 edition of The Edge, that the HSR will be revived soon. The key partner should be Japan.

The timing could be key here as there was a DEADLINE set in September 2018, that by the end of May 2020, a proper announcement will be made. The cost which started at RM100bn, has since been whittled down to RM40bn-RM72bn. The scaled down project will involve stops at Bandar Malaysia, Sepang-Putrajaya, Seremban, Melaka, Muar, Batu Pahat, Iskandar Puter and Jurong East.

MRCB and Gamuda had received and accepted a 50-50 jv from My HSR Corp as project delivery partner from Bandar Malaysia-Melaka stations. SP YTL-TH Properties was supposed to do the southern 200km link. There should be 60 civi works packages, which should result in 5,000 sub contract packages.

However there are indications that Putrajaya wants to do away with the PDP structure, hence the players may change or the terms altered.

Owing to the pandemic, there isn't a better to to start the project immediately. It makes economic and and will jumpstart sufficient activity to provide a much needed lifeline for the small firms.

Senior Minister for International Trade & Industry Azmin Ali, has said that the government will announce a 6-month short term recovery plan by the end of May 2020. After which, a medium-term revitalisation plan under Budget 2021 will be tabled in November 2020.

Maybe its a slow week for news, but TheEdge had another article in the May 25-31 edition, saying that the HSR may cost RM68bn.

p.s. Google the article, somehow I am not allowed to past any links. Dont know why.

Because China had a draconian lockdown, that is why the are able to reduce the cases to so little. You cannot even leave the house, some are forced to take the test, some houses have their gates locked and welded. Everyone must wear mask, and they also remove all 'panadol' from the pharmacy to stop people from hiding fever symptoms. Together with mass testing and quarantine, they are able to achieve this. Absolutely no human rights, but it works.

Can other countries do this?

I agree... when he is selling so much, something is not right. I never bought any and dont plan to. Buy this better buy Genting or GenM. At least I dont see the Lim family selling any of their shares.

If directors are disposing their shares knowing the price is going up, why are people still buying? doesn't this signal they have no confidence in the stock?

not avoid air traveling, it will be more expensive and troublesome.

I dont think gov will give it to YTL. I think GLC will get the job.

Fly to where? Holland? Nobody wants to fly anywhere now, go X country, quarantine 14 days, then come back quarantine 14 days again. Total 1 month. Gila?

Calvintaneng, people like you, that like to share unrelated religious bullshit in a none religious forum makes people like me despise your religion.

There are plenty of religious forum, go there. Leave us alone. I am not interested in your god.

The only god I worship is the God of Prosperity, the one and only true god.

At the rate things are going, is AA worth saving? Better let is bankrupt and then buy it up for RM1 again. I will do that if I am Mr.T

With the gov lacking of money now, I doubt PAS will do that. Eventually, Bersatu will merge wit UMNO, then PAS can go back to opposition.

Genting is into Hospitality, O&G, Palm Oil... all going down. The price is still too high. TP RM2.80 yeah...