Tomorrow rm2 comin ;)

Knm and armada already hit 0.250... need to catch up lo...

Next rm1.850

Kasi close at rm1.80 lah sui sui

KUALA LUMPUR (May 18): Affin Hwang Capital Research remains upbeat on the rubber glove sector despite strong stock-price performance, which had risen 32% over the past two weeks.

In a sector update today, Affin Hwang said the demand for rubber gloves has continued to surprise on the upside, as some manufacturers have started accepting orders for delivery one year in advance with 20% deposits.

“The strong demand has also given manufacturers the flexibility to continue raising selling prices, which we are now forecasting at 5-8% per month starting from June, higher than the 1-2% per month we forecasted earlier. Although selling prices will only be confirmed 1-2 months prior to delivery, buyers are still likely to take delivery or risk losing their deposits,” it said.

With the current strong demand, the research house believes that the sector should achieve record earnings in 2020.

“Given that we are only expecting a 10%-12% increase in (effective) capacity in 2020, we believe that there will still be shortages of gloves in 2021, although the problem is not as severe as currently experienced. As such, we are forecasting [average selling prices] to increase by around 3%-5% for the whole 2021.”

Although the sector price-earnings ratio (PER) is currently trading above two notches standard deviation (+2SD) of its historical average, the research outfit does not think valuations are overstretched yet as there could still be upside risk to the earnings forecasts given the assumption that demand will normalize by the second half of 2021 (2H21).

In addition, the research house is not expecting any negative surprises in the earnings of glove companies, for at least the next few quarters, as it does not foresee any execution risk, and the strong earnings growth would likely help to re-rate the sector further.

As such Affin Hwang is maintaining an “overweight” call on the rubber glove sector, due to high certainty on the sector earnings.

Top Glove Corp Bhd and Kossan Rubber Industries Bhd remain as top “buy” picks for the sector and country, with higher target prices of RM12.60 (from RM8.70) and RM8.50 (from RM7) respectively.

Meanwhile, Hartalega Holdings Bhd’s rating was raised from “hold” to “buy” with a higher target price of RM10.20 (from RM7.70).

Yup 0.015 if not mistaken... wait lo

My friend say results good later see their report card ;)

If can break at 1.74... 1.80 no problems

When can hit at 0.90 cent...

Just onboard 9.16 lets go... :)

Need to break loose from 0.165... come on velesto

@stockhunter85 good 1...correct fundemantal intact.. tomorrow harta wait for me...wanna add some to portfolios :)

@ longleng Since you so clever tell me padini can drop untill what price....

@longleng stock market up down is normal lah.... got down untill to rm2 meh I didn’t tell ppl to chase...

Yth888 congrats that u untung Honda car... vaccine not ready ,our life will not be the same anymore.,I really hope this covid 19 go away ... I don’t care if can win Honda or Mercedes ... health , peace and freedom what I wish for ppl around the world.. ;)

When I bought at this high 10.38 price means got 2 solutions.. Standby mode set on
1.cut loss
2.average down
From what I see glove counter still the hottest till next year ...

No need to argue ... up down let market decide down top up .... but top glove go for long term ... Monday see harta price how if ok will add some to portfolio too...in market don’t put all egg in 1 basket ... must separate from what I learn ... Monday oil and gas rally lah ;)

https://www.dksh.com/my-en/home/healthcare/industries/medical-devices At their website

Mr cold eye also recommend this stock ... time to rebound oil and gas counter comin this Monday ...

Monday open 0.150 oil rally are comin back

All their outlet in shopping mall open...

@i3lurker thanks hope I can be a successful investor.... actually already eyein from 6.50 till 10.70 highest...now is the time to buy don’t regret later... And believe this stock can go higher why not....glove stock trending now follow with flow...

Nvmlah 0.20 cent above sure will hit ...

Knm closin vry sui leh... velesto too many pump and dump kaki ;)

KUALA LUMPUR (May 15): Top Glove Corp’s blistering rally this week has vaulted the world’s biggest glove maker to bid for a spot in the top five stocks in Malaysia’s benchmark index by weighting.

At the start of the year, Top Glove was ranked 24. Now it’s close to surpassing Axiata Group Bhd, which is placed fifth with a 4.1% weight on the 30-member index as of end-2019. The current top ranked stock is Public Bank Bhd, followed by Tenaga Nasional Bhd, Malayan Banking Bhd and CIMB Group Holdings Bhd.

Top Glove has rallied a record 49% in five days to RM10.58, after brokers boosted their share estimates to as high as 13.30 ringgit, Bloomberg-compiled data show. Maybank Investment Bank Bhd said this week it expects “earnings surprises ahead,” adding that the company has locked in sales orders until April 2021 as the coronavirus pandemic spurs glove demand.

Other glove maker companies have surged. Hartalega Holdings Bhd has risen 27% this week while Kossan Rubber Industries Bhd is up 34%.

Heard they doin we’ll order keep comin till next year April ...

Just bought 10.380 gonna keep it ;) hope this year got bonus issue look like 2 years 1 times

DKSH and Ubiquitome have signed an exclusive agreement in South East Asia, Australia and New Zealand to introduce Liberty16, a handheld, battery-powered, real-time polymerase chain reaction (PCR) device that can fast test and relay sample data via an iPhone app within 40 minutes.

DKSH brings Ubiquitome’s handheld COVID-19 test device to South East Asia, Australia and New Zealand

DKSH has entered an exclusive distribution agreement with ddchem, the leading, Italy-based producer of hardeners for epoxy systems and hot melt polyamides. DKSH will provide ddchem’s products in Spain, Portugal and APAC.

Hold tight goin to 0.180 follow knm foot step

Slowly surely will rise... all we need now patience

My entry price 0.135 miss 0.130 waitin to top up at 0.125 :) buyer suddenly eat sapu habis like fast and furious

Hopefully today bounce back stronger

Hopefully today bounce back stronger

Pos vry strong today bounce back to rm1.15

Add some velesto to my portfolio today ... oil will bounce back strong.. keep in fridge 1st

Wild Wild West can hit 0.90 or not... other medical fly to moon ady

Support some at 1.10 goin 1.20

Today most active all glove and healthcare rally ;) comin soon 0.030

Good luck guys ... take profit 1st

Very happy finally abang postman sudah datang ... tomorrow testing 1.150 ;)

@longleng kwsp dumping like mad not only padini counter lah boss... Many counter they also throw like mad ... but still up like mad ...Macam pos lo... up like rocket now ;$

This stock diam diam also up... ;)

Last minute closin sui ... 0.90 cent comin

Goin to add abit too ... good luck huat ah .., ;)

Nice run padini ;)

Should be rm1 above

If everything ok before June can touch rm3 ...

KUALA LUMPUR: Serba Dinamik Group Bhd and Malaysian Technology Development Corporation (MTDC) have teamed up to foster the growth of the digital startup ecosystem in Malaysia by providing guidance and mentoring to budding entrepreneurs for innovative transformation.

In a joint statement, the parties said the collaboration would assist the new-age technologhy start-ups in the country by focusing on areas such as artifical intelligence, 5G, Big Data, cybersecurity, blockchain, Internet of Things and machine learning.

The parties also announced the Innovative Transformation Seed Fund worth RM6mil that will encourage new startups involved in digital or business innovation to commercialise their ideas via a clear business model.

According to Serba Dinamik group managing director Datuk Mohd Abdul Karim, the collaboration is the first phase of the partnership in entrepreneur development programmes. The efforts will take place mainly in Sarawak and will extend in phases to Peninsular Malaysia.

"We are delighted and grateful to be partnering with (MTDC) in mentoring the local talents to capitalise on the huge growth potential the region has to offer, and with this initiative, it could be a global footprint opportunity," he said.

MTDC CEO Datuk Norhalim Yunus saidit is a concrete initiative by the government to create new opportunities, develop technical skills and help realise the vision of Digital country.

"MTDC will extend collaboration opportunities to the innovators of Startup in Malaysia to engage with its research and development arms to help generate awareness about digital technologies and inculcate a culture of innovative thinking”, he said.

"We will also design and develop programmes, including training, knowledge-sharing, developmental programmes and other programmes of similar nature that will benefit the cooperation besides providing knowledge transfer and expertise for the development of technology transfer, commercialization and entrepreneurship”, he said.