It’s important to monitor the ASP & competitions in near term.. if really true, might not be good for glove counters in short term.. my thought.

Looking at the current share price, it might indicate ASP will drop within 3-6 months & competition will be tense, is that really true? Any idea?

I noticed the share price went up suddenly to 0.44 & within a day it went down to 0.405.. obviously the fund manager was playing the stock..u should know the direction already.. good luck..

For Armada, the fundamental looks better now, with the debt extended longer.. I think IB might push down the price to collect more at lower price, this is quite usual sometimes, my thought.. as long as the better prospect ahead, buy low sell high should hold..my thought. Good luck to all.

Q4 report is just a reference for 2021, share price will move accordingly based on 2021 eps forecast.. but dividend is ok for Taann, my thought.

For Taann, if the EPS for 2021 is 25-40 cents, then the share price will jump from current level..it depends on the CPO price & timber demand, hopefully this year will be better than last year.. my thought.

This was announced last week. FYi

https://www.thestar.com.my/business/business-news/2021/02/17/sc-bursa-announce-temporary-relief-measures-for-listed-companies

This was announced last week. FYi

https://www.thestar.com.my/business/business-news/2021/02/17/sc-bursa-announce-temporary-relief-measures-for-listed-companies

For WCT, if the pandemic is under control, with more people been vaccinated, it has growth prospect in future, looking at the current share price, it’s still at lower end.. my thought.

Excellent result, if EPS can maintain in 2021, i think it will go very far from current share price. Good luck. My thought.

If EPS 2021 can hit 5-7 cents, I think the share price should not be hard to achieve RM 0.5 - RM 0,6 in near term, looking at the debt extended longer. My thought.

Thanks UnkleLim, if we look at the EPS for 2021, probably will be 40-60 cents, my guess, but for 2022, EPS may drop to around 20 cents, my guess, so currently share price RM 4, is it too low or too high? Just depends on how u look at it.. my thought.. that’s why I said earlier the price will not go higher or lower at this juncture.. merely my thought.

It is just like steel counter, eg Annjoo, although current net profit might not be good, but the future profit might looks promising, so the share price shot up from RM 0.8 to RM 2+, so probably the future profits is more important for upside of the share price.. of course, this is just an analogy.. merely my thought.. usually when we start to buy the share, it might be end of the cycle.. just some sharing..

I think investors or IBs are looking beyond current EPS, from the look, EPS likely to sustain for 1-2 quarters, but after that, will there be significant fall on the EPS? From the share price movement, it might be.. it is just whether u are looking for current profit or future profit, which means to say can the net profit sustain after 1-2 quarters from now? If not, likely the share price will slowly go south...of course, the share price will not jump a lot until they see sustained profits more than 1-2 quarters, My thought.,

Although share price will not drop much from now, but will it drop next month or 2? It seems the future look not promising for glove counter, that’s why share doesn’t go up much.. my thought.

Every month or 2 months IB will slash their target price towards glove counters, what will be Kossan Target price in next month or 2?.. Investors run first? or it’s the time to buy? Any idea?.

Last time after the news, shares jumped how many percents? Anyone knows?

Tomorrow shares will fly?

It looks like selling might persist? From the fund manager.. but don’t really think it will drop further, my thought. Hope for the best, should there be technical rebound. Good luck..

https://www.theedgemarkets.com/article/glove-stocks-start-new-year-bearish-note-top-glove-trading-volume-above-100-million-shares

Short selling… tomorrow another round? Or technical rebound?

https://www.theedgemarkets.com/article/klci-closes-2464-points-lower-160257

I think it’s too fast for the share price to drop to current level today, albeit the share price will drop eventually to pre pandemic level after the ASP drops, and competition heats up next couple of months, fund managers really acted swiftly for glove counters...

Why want to build HSR without Singapore? Already got North South highway. Any idea?

Is the party over for glove counters? Fund managers kept dumping the shares these few days... I think it is still too fast to say the party is over, although I think the share price will continue to drop to pre pandemic level probably next year or following year, but the dividend should be able to support the share price, albeit not very much..my thought..

https://www.theedgemarkets.com/article/no-yearend-party-glove-bulls

Haha, don’t think many countries start cancelling their orders, otherwise share will drop below RM 5...glove still in great demand as of now. My thought.

So many cases confirmed from Top glove, although management highlighted the gloves will not be infected by COVID 19, but if unfortunately it’s infected, will they be any impact? Anyway just my thought. I think usually it will not...

Can ask, understand that ASP is up & this is driving the EPS, how much it will drop in Q3 or Q4 2021 which will impact the EPS? With this, we can roughly estimate the share price next 3-6 months time, seems very hard for the share price to go up now, but at least we can know how low the bottom it can drop...

Thanks Laychee, EPS & dividend are driving the share price actually.

Six months ago, when the investors projecting the EPS was going to be up, the share price jumped multi fold, but if we project six month later from now, the EPS is going down, so will the share price follow suit? Am I making the right assumption? I don’t know, time will tell. Good luck All.

I think investors are looking beyond Q2 EPS for supermx & glove counters, which is hard to see now, unless got clear signal. Let’s see. All the best!

Looks like Glove counter EPS is fluctuating, like those year with SARS, etc.. so don’t know exactly this time..

Hi, anyone know, once the vaccine comes out next month or Q1 next year, what is impact on glove counter for its EPS in Q2, will it be normalized? What we already see here it’s share price like RM 8-9, will it drop further? Any clues?

But how much the share price can be? Like RM 6-8 during the news surfaced earlier if I am not wrong?? Glove share really volatile...

Looks Like IBs keep pushing down the price, got windfall tax or one off tax coming tomorrow? Or just smoke screen? Points to ponder...

If the windfall tax is implemented on glove sector, net profit will be impacted, how much will be the share price then? Points to ponder. IB will slash the target price again??

Actually the windfall tax on glove still at grey area, not sure whether got or not.. is it illusionary created by IB?

https://focusmalaysia.my/top/govt-may-unveil-windfall-tax/

Still back to supply & demand, how the Covid 19 progress towards 2021, 2022..

In other words, the share price will neither be too high or too low, remain volatile..

For glove counter, as 2021 may observe a good year, but 2022 may be back to normal, so the PE will neither be too high or too low., This is my thought.

Peak coming for glove counters? Or another peak coming? Points to ponder?

https://www.theedgemarkets.com/article/top-gloves-director-makes-rm71m-shares-sale-june

Supermx gave bonus share & share dividend too, it is planning to list in Singapore, so it has good news for investor too..I really hope the windfall tax news to be cleared soon.

Anyway, it’s good if this windfall tax News will be cleared once the budget 2021 announced, it will be more certain.

Is it confirmed? Because glove counter really has good times with exponential earning, it happened with oil palm counters before if I am not wrong...

Hi, anyone knows, is there a windfall tax implemented for coming budget 2021, remember when this news surfaced, the glove counter share price usually drop more than 10-20%, even more, as now very close to the Budget 2021..any idea?