Dayang will fill the gap on the charts to close at RM2.00. Biden will return the Paris Accord to Americans. Oil price will slowly creep up to USD60.00. China and India will use oil again as they are inefficient energy users.
KYY here more fun. He will give views and think of reasons for the counter to trade higher. More ppl more fun. Let's all make $$$.

This is a good time to buy....
When to buy:

a) to catch a falling knife or

b) buy when there is already a bottom of some sort

Vaccine no vaccine - the world has changed forever. I you don't agree stay out. If you agree look to buy at the previous' low's when it corrected.

Yes we have a vaccine - no one knows the side effects yet. No one knows how it effects the population from different part of the world. No one knows if one can get reinfected or infect others post vaccination. So decide.

At least Glove Companies will not be so stuck up to their buyers moving forward.

Post analysis is easy.

Good luck.

When are are busy talking about upsides - please dont forget that there is a write up questioning if the prices of glove counters are sustainable.

It is important to know that some press reportings are arranged by the smart money to influence prices. Good press is bad for price upside of Glove counters and bad press is good for Glove counters. Just watch the prices over the next 3 months.

Dr Fauchi remarked that the first vaccines may be available in April 2020, until then prices can sustain. I hv a friend trading Gloves for the last 25 years (as an exporter) he says the Average Selling Price is going up by the week and buyers are depositing cash into their accounts for a three to six months forward purchase.

It is increasingly difficult for players like him to get supplies direct from the Companies but have to pay middle men to obtain their gloves.

It shows of two things lack of transparency in glove selling policy and companies have greater pricing power which points to further increases in the ASP. Keep buying, take profit and be net buyers. Good luck.

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Simple truth - prices don't go up forever and ever. When they come down they don't come down forever and ever. The bounce may be temporary. What gives security is the fact that ASP is increasing. COVID19 cases as per the numbers provided by WHO is increasing. In fact it is at the highest today ever.
Vaccine story is like 2 years away. Sell at extreme valuations buy at extreme discouints. Based on expereince we are talking about a price range of 10 to 12 RM. Take the higest price minus with 10 or 12, but there. To sell take the lowest price add 10 or 12 and sell there. Good luck.

Affin Hwang was the most bullish of view on Gloves. The also launched a put warrant at the same time. (Quite contradictory).
The made a call of Rm100 for one Glove Counter. Was checking on the analyst who made the call - a junior by rank and experience.
Don't bet you capital on what someone with no consequences financially advises. Do your own work and research.
For manufacturing companies - a P/E of 15 is considered high. My question to the analyst is can the Glove Company trade at unrealistic P/E you had assumed? Would you be willing to bet a RM100k on your view?

I am not sure if most who say "run,run,run" or "cut,cut,cut" have any position.
Investing is for the longer term. Markets may rebound. Those who shouted "buy,buy and buy" have all exited their positions. You may hv read the headlines such as 'lame duck".
They will come back again and do the same thing again later. Earnings don't diverge from prices. Averaging may not be the best approach until you see a rebound and stability in prices. You can however, switch into better counters if you are holding a "lame duck". If you are operating on margins better to exit before a margin call is made. Good luck. (For those who operate purely by reading the comments - you should hv learnt the hard lessons of investing.)

Starategy wise Harta have got it wrong. With splits and bonus most gloves share are trading below RM10. Harta is relatively expensive, investors prefer to dump and buy the shares that are lower than Harta. Our investors are still confused with value and share price. Nevertheless, the higher PE of harta is not not helping ppl in understanding Harta's strategy and value creation plans.

If you see a big loss in the market to market of you shares, please don't panic and press the sell button. The miss-match in the crediting of bonus shares into the CDS account can cause this. In addition there is a difference in a stock split and bonus issuance. The investor relationship ppl at Supermax must do more to explain this. My idol sold before the split and he had earlier said he will buy after the bonus issuance. (He must hv seen this).

Not as simple as it sounds .. will take much effort and another decade for Thailand to become a meaningful player.

Any information provided here is welcomed. A new angle for investors to analyse and make decisions. So stop trolling.

If you are trolling, you are either wrong or being paid by some forces to troll on them. If you are so good just buy and sell quietly. The fact that you are trying to say something is to influence the prices.

If you are making money based on your analysis and decisions you deserve it. If you have to rely on every single piece of update and react to negative ones - you may want to reconsider if investing is for you. Yes the shares can be overvalued or undervalued - you have to extract value from it. Glove play will be on for the next 12 months at least. Enjoy !!!

Buy below RM3.00; only 50 plus sen away. The last time it dipped below RM2.90. If you want to be cautious you can place a bid at RM2.80. Three years holding horizon 100 pct return. Average 30 pct plus a year. Decent for the risk.

Ambank is not that great, used to be the Investment bank in the 90's.
But a cautious view is like a mirror to reflect what you can't see. Best bets are Top Glove and Supermax. The price action can tell if there is interest and investor demand.

Looking at the interest of the retail investors who mainly day trade expect volatility in share prices. (Gloves are one of the sectors they are in.) Retailers are happier with stocks that move fast and have lower P/E. Some glove counters posted good returns today.

Stop trolling. Today's share price shall speak. Leave one's emotions behind the more upset and angry one is - the more loss one is making. Think about it and be honest.

This is normal - if you run you may not renter the market. This is proven - those who time the market miss big opportunities. Hang on 3 months is all that is needed. However, if you have to run then please do.

Used to think this company is a great company. However, I an inclined to think they are not as great as the other three top players.
They must have got their pricing strategy wrong in a bullish price environment for their Gloves. Their decision to invest and enlarging capacity is also questionable. Why expend when you know that the demand surge is mainly due to no vaccines and a pandemic that can end soon? (24 months). Your capacity creation is the largest and you may hv to find a market when demand for glows may dwindle - struggle with excess capacity and costs? The first company to be downgraded to market perform.

Results matter. You profit and loss is an indication how well you have captured the run. If you had made 40 pct that can be considered impressive. That is almost 80 x of fixed deposit rates. The majority shareholders are not bothered by market price of their shares. They are only concerned about ROA, ROE, dividend and market share of their Gloves. They make about 20 pct on ROE.
For investors who made big money just reading blog news and comments of others - it is hard to expect a repeat of the same, every time. If you have been lucky take you gains and stay out of the market until you see real blood on the streets. It can happen because markets are not rational. Buy if you may at the lower values prescribed by analysts. Forget the optimistic numbers, they may come but not without the pain of losses and a complete change in the traders who are shareholders. If you are making money chances are you will sell and someone new will buy and when the second round comes make money. Next 3 months. Can you wait? I can.

Analysts don't put the money where their mouths are!
To issue a target price that is so wide is not of any value. Generally, there will be stock piling of Gloves. More pandemics are likely in the future. No one would want to be caught unprepared.
Just buy and hold of good companies that had always been making profits meaning the top 1 to 4. Prefer the top 1 and 2. If you invest RM1.0 million what is a there is a swing of 30 pct in value? Nothing significannt if you don't need the money anytime soon. Be long - with a contraction in GDP and economics activities not many companies can churn profits like the Gloves sector. Those who invested in this sector over the last 5 years are multi millionaires. Stay in for 5 years if you want the same results.

Looking to buy at RM3.50. Can go there or even to RM3.20. If you are holding for the long term - no issues. Can sell at RM5.00 over the next 24 months.

Stay away from 2nd tier shares. Poor retailers to be fried by the manipulators.

Careplus is not doing well. Those who dont sell will panic sell below 5.00 after that see price head towards 7.00.

Harta's pricing strategy of serving their existing custmoners are not good for results! Probabaly their interest to secure long term pricing may have locked their ability to price higher. No so good or smart at hindsight. Top Glove still looks good. However, they are yet to resolve their "forced labor issue'.

The share will do well in the next 6 months. In fact they may be able to price better than the other bigger guys.
(I am not sure one of the directors disposed 11k shares. Why so little, that made many dump back what they bought.)
Harta's P/E is excessive - purely on a P/E comparison this counter is cheap. In addition they hv a new partner and are increasing production lines. RM10.00 can sell and close for the year. Enoughla. Sooner or later something may go wrong and there are bound to be some corrections. Byt at that time.

The share will do well in the next 6 months. In fact they may be able to price better than the other bigger guys.
(I am not sure one of the directors disposed 11k shares. Why so little, that made many dump back what they bought.)
Harta's P/E is excessive - purely on a P/E comparison this counter is cheap. In addition they hv a new partner and are increasing production lines. RM10.00 can sell and close for the year. Enoughla. Sooner or later something may go wrong and there are bound to be some corrections. Byt at that time.

KYY still make money at current price on TG. Can sell and buy back. He said the last time he is invested almost 95 pct in TG.
Too much risk with the claim of Labour/Workers by TG.
The NZ ban though insignificant can hv a snowballing effect i.e. followed by other countries/distributors.
TG need to be aggressive in its PR Campaign to clear its name. Furthermore, to expect the US detention issue to be resolved in 2 weeks is a bit of an aggressive stance. Would think of reducing TG for now until there is some clarity. Can always buy later - the price expectation and target is also high for TG. And there is a bank that had given TG a price target of 15.00 RM. (Obvioulsy wrong for now). KYY can be trusted but you must do your own work and make your own decisions. For him money is invovled therefore he cannot fall in love with his views. Flexibility is a great strenght.

If anyone win more than 1.0 million RM from this rally of Gloves you should give yourself a pat on the back.
Lock in some profits along the way; like 25 pct. Enjoy the money a bit.
Fo those who are starting if you invest 100k RM there are chances you can double them over the next 6 to 12 months. It is always how much you start with. Risk is like insurance - no claim you think it is wasted premium. When there is a fire entire portfolio can go up in smoke. Dont bet on one company or onr sector. Diversify a bit la. Good luck.

IB do delta hedging based on a set of preagreed limits. So they must have covered most of the shares they need to deliver. May be buy some small amount at last minute.

I think when under attack Sun Tzu says retereat. So reterat sell and wait for the claim on forced labor is resolved. More countries may follow and that is bad for sentiment. (There is also the need to balance the ban and want of gloves due to the increasing Covid 19 Cases). If you are willing to take the risk then you can stay. If you sell and given the price target is RM46 (the highest) you can always buy again miss a few dollars only.

Grand uncle cautioned that the price will drop to RM18.0 by Friday. If it dosent renter again if you are selling today. Chart wise Top Glove looks like will be lower tomorrow.