what charles said is correct lah. But it will be slowly switching and this process will take months. Funds not so efficient lah. Tomo blue chips will drop again, ding dong ding dong until they collect enough. Likely glove stocks will recover tomo and next few days.

if worry get conned, then better put in FD, banks will not con you.

Be fair to OTB and Chiovo, they never ask people to buy. Chiovo only shared some writeups on Lctitan when price is around RM 2, that is not buy or sell call. You do your own homework.

i3 people so easy to get conned meh?

Cannot be over so fast lah. A lot of so called sifu award winnings articles starting to talk bad on glove stocks starting as early as March 2020, speculating glove stocks or covid 19 will be over soon, but a least glove stocks still stand strong today.

So fast game over meh...

Glove still lasting till now and creating a lot of wealth effect. Chemical counters shall remain hot in next 6 months.

glove stocks are good hedging against current uncertain covid. i starting to buy banking stocks and i still like to keep some glove stocks(free shares, thanks for wealth creating) as hedging and dividends.

recover already. gloves are still best hedging during this covid uncertainties.

Only IBs,hedge funds and mutual funds have so much money to play glove stocks

thanks and no thanks to IBs. SC should investigate CWs as i am sure there are manipulating.

buy low sell high is better strategy for gloves. I only have free shares left to get dividends. Bought some today for trading. Hope to sell high next few days.

Yes. For energy sector, maybe have to wait.

I bought some today and hold for recovering. Still dropping bit by bit every day. Will buy when RM 4.5 for my next batch if can get.

IBs are playing this game due to CW... few going to expire. Buy high sell low will be better strategy.
Kossan not much affected due to no CW due this month...

top glove closing RM 8.88

share market is reacting to govt sudden move of CMCO.

mkt sell down due to cmco. glove is not affected lah but IBs used this opportunity to wash out poor retail investors.

Warrant holders will entitle to free warrant WB as protected by warrant deed as they cannot vote for this exercise. WB are is not disadvantaged.

Good point hng33

Now investing in jaks, the risks are minimal and upside is extraordinary with power plant cod is imminent and they are exiting stupid Star Tower property development business.

This RM 200m is not inclusive of additional 10% stake of power plant.

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hng33 before right share
1. power plant net profit RM 200m will EPS = 30sen
2. share price trading before right is around RM 1.20
3. PE 10x will give target price RM 3.00, upside potential 150%

after right share
1. power plant net profit RM 200m will give EPS = 11.5sen
2. share price trading now around 5 share x 87sen, cum 8 right x 22sen = 47sen
3. PE 10x will give target price RM 1.15, upside potential 145%

Therefore, in conclusion, shareholder are enjoying similar potential gain upside before and after right by peg to same power plant earning, and same valuation PE 10x,

Remark: shareholder now is even can enjoy much higher profit if take into account 4 free warrant after right.

Thank you BLee for info. Let monitor this in the coming quarter to see whether it continued to increase and maintain at 3-4 months turnover day.

Country risk. Could this be the reason fmr selling every day?

I think Choivo got a point. We need to monitor the receivables, which is more than RM 200m in quarter ended 30 June 2020. It is higher than the quarterly sales, means more than 3 months turnover days. I don't know the whether it is normal or not. Any one has idea on payment term?

Covid is so serious in Europe and US. It is a matter of time for super to hit new high.

They will still sell, just no need to disclose. Surprise they cannot find buyer to buy in block. Sell like this every day is costly. Mean no fund interested to buy? They must pay higher dividend to attract mutual funds.

Malaysia has too many glove counters, unlike Poland only one. Cannot expect malaysia glove to have same valuations as polish. Further, malaysia is high risk country due to our political problem, corruption problem, weak RM etc. And our stupid EPF buying glove stocks listed in Singapore than buying Supermax...

Public Mutual is one of the most conservative funds. A few of their Islamic funds hold Super as top holdings...these funds also this year's highest returns funds. More and more funds are buying Supermax and they start realizing the potential of Super. Only our EPF is stupid? There are still some of public mutual funds are not performing as they are not buying glove stocks esp supermax. These are stubborn old fund managers never understand OBM and OEM...

after inclusion as shariah index, i saw many islamic funds of public mutual start buying supermax and few funds have supermax as their top holdings. If super is included in CI, more funds will be buying. It will not be a problem to reach RM 15 by then, so long as covid remained serious.

Super to report super profit and super dividends. I check Public Mutual this weekend, all public mutual funds that bought supermax as top holdings are this year top performing funds.

Supermax led the glove stocks higher today

Don't do that. Invest within your mean. I respect Sifu OTB very much. Remember this : All investmnets carried risks. No sure win in the market.

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Daniel Yong Thank you for sharing, Mr Ooi, sir. Always look forward to your articles. Am all in and will stay invested. Both for my retirement and my children's future.
09/10/2020 8:39 AM

Price starting to shoot up...

bull market again. Today mkt volume starting to increase again.

Mkt needs to absorb FMR shares as they are exiting. Also, look like for now its share maybe almost fully valued as it is malaysian mkt, which may only give PE 10, unless it has other catalyst like packaging company far exceeding expectation, or give higher than current dividend yield.

Smart funds need to buy glove stocks as hedging. Otherwise their funds will be worst performing in year 2020...

like i said earlier, now panic buy by IBs

Trump will survive as they have best medical team and care, just like our PM. Not like us. After this, he will talk nonsense again

US Covid situation is very very serious. Even their president and first lady also kena covid despite tight security. Bluet cannot get them but covid general can

No more panic sell, IBs have to panic buy oh

https://www.theedgemarkets.com/article/us-stock-futures-extend-losses-trump-tests-positive-covid19

Trump tested positive for covid.

market lack liquidity due to end of loan moratorium period. If you are big funds, now you buy low from those poor retail investors who are taking profit, cutting losses and exiting the market etc. They will not want to buy high from them. Last few days and today volume are very low...

Very correct. Difference people has difference style. We must not attack each other. This forum is for sharing info. Trade within your comfort level



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Tkeng OTB has his own style. Leave him be. Trade within your comfort level.
01/10/2020 12:33 AM

TeamRocket ok lah. At least he did not attack people like many others who attack people besides spreading fear and negative comments without fact and basis.

Do not need to worry lah. All IBs and profit taking shares are taken by sbb. Latter super can also like Tg be listed in HK, some shares can be transferred to HK listing

with sbb, it is hard for it to drop big. Recovering now again

Why worry at this price as Super has so much cash, and at this range, they will continue to buy(sbb). Price is stabilized and high chance of uptrend after this

Stanley as acquitted by high court. Have to wait whether SC will appeal to court of appeal or not. Hope there will not be any appeal.

https://malaysiastock.biz/Company-Announcement.aspx?id=1262451

Heard that Stanley case postponed...Any news why glove stocks dropped? Profit taking?

hng33 is in. I believe OTB will be in also as this would be his favorite stock, based on his investment style. KYY is less likely as he looked obsessed with glove stocks now as second wave of covid

Good. Then we have more certainty of earning growth for Lctitan.

Stanley still not happy with current price RM 8.74. IBs dare not push down the price anymore as they will get burnt...