Must swin with the shark

See his face already know he is a conman, can tell Tan88

The world pandemic, Supermax panicking

U all never read the report? Ad hoc order USD190/1000pcs, hello.... Dunno maths.

Come drop more I want to buy more

Many negative comments here, is time to add again

DJ future will be green later, buy now and wait for the ride

Ya I also emailed them and f then as no way out. I transferred out most of the money. Ask them balik Japan

With uob report, Supermax earning will be exploded. Waiting only

Now said dexamethasone no cure. U see? US buy time only now

https://edition.cnn.com/world/live-news/coronavirus-pandemic-06-17-20-intl/h_862c46063880e2184dd6202b2741fb1e

when this covid happened i know supermax sure will hit more than RM6 as this is more severe than H1N1 as involve whole world. Think deeply why u want to invest, if u can't take it up and down then stock market is not for u as this is not genting but now u can go to buy lottery.

Now the D Duck buy time only, those news come out with dexamethasone can reduce covid deaths all just nonsense, no clinical trial. In medical, how u treat the patients u need in vitro and in vivo study and test for few years just can get widely use. Economy is bad no doubt but for gloves it won't as people need it badly.

I dun have the link, someone forwarding the message so i share only.

CIMB's view on glove...

Sector in focus: Rubber Gloves

Recommendation: Overweight

Top picks: Top Glove (TOPG MK, Add, TP:RM 25.00) & Supermax (SUCB MK, Add, TP:RM 9.80)
Other calls: Kossan (KRI MK, Add, TP: RM11.50) & Hartalega (HART MK, Add, TP: RM14.60)

Key highlights:
Share prices of glove counters particularly, Top Glove and Supermax declined by double digits yesterday. In my view, this is unwarranted. I have also received a lot of enquiries on the reasons why glove counters were being sold down, and whether there has been: i) any fundamental changes, ii) weakening of Dow Jones and iii) massive profit taking on these stocks.

Comments:
1) Based on channel checks as recent as yesterday, there has been no fundamental changes to the glove sector
a. Vaccine rumors still persist, but there has not one there has gone beyond clinical trials. Everything else remains as speculation at this juncture, with any potential vaccine are only ready for mass production by mid-next year (trust me, I cover healthcare stocks too!).
b. Quantity and prices of ah-hoc orders continue to increase (more glove makers are allocating higher percentage of capacity for spot orders) and order visibility remains solid for glove makers (12-14 months).
c. ASPs hikes are still on the cards (ASPs increases are likely to be up to 1QCY20), with more orders being received in preparation for 2nd wave of Covid-19 in various countries.
d. Near-term earnings outlook remains beyond solid, with glove makers likely to post record-breaking profits in the next 2-3 quarters at the very least. In fact, recent noises suggest that some earnings forecast for certain companies are too conservative.

2) If we just zoom into yesterday’s share price data, Malaysia glove makers suffered big declines in share prices while share prices of China-based glove makers appreciated by 7-10% yesterday. Singapore glove makers retreated slightly today by 1.7-1.9%. Based on data from the past 7 days, Malaysia glove makers are the only ones having negative share price performances (-7.3% to -32%), while share prices of Singapore glove makers still appreciated slightly (+0.4% to +5.3%).

3) As a matter of fact, we understand that there has been an increase in enquirers for more glove orders (spot and recurring) given concerns of wave 2 of Covid-19. This is given concerns of occurrence of more Covid-19 cases with re-opening of schools and businesses on a global basis. We have begun to see a re-spike in cases in China, US, Russia, Brazil and etc. (While things are normalizing in Malaysia, cases of Covid-19 on a global scale are in fact increasing and not declining)

4) Based on our earnings forecasts, glove stocks valuations have retreated to a level which we believe are very attractive (TOPG is trading at 13.6x CY21 P/E while SUCB is trading at 19.7x CY21 P.E – Both companies are expected to post at least 200-300% yoy growth in FY21 net profit). I believe glove stocks are attractive as they are trading at teen P/E, and have 200-300% yoy earnings growth.

5) Take note that our earnings forecast have yet to account for any surge in gloves due to Wave 2. On average, our earnings forecast for glove companies are accounting for ASPs increase up to end-CY20, flat in 1HCY21 with a decline from 3QCY21 onwards.

6) Will glove ASPs and demand for glove fall off the cliff? Long and short answer is a definite NO.

During H1N1, average orderbook was 4-5 months at max, and Malaysian glove makers enjoyed a minimum of 5 quarters of strong glove demand. Hence, we should expect at least 8-9 quarters of strong glove demand based on current order visibility of more than 1 year plus.

While we expect ASPs to fall when supply-demand of gloves is more balanced (likely when order visibility is below 4-6 months), but i believe that ASPs of gloves will never go back to 18-22USD per 1000 pieces. This is like expecting face mask prices to go back to 18 sen per piece in 2HCY19 compared to RM0.80-1.50 per piece currently (China masks which has no quality standard being dumped at 50-60 cents per piece – this cannot happen in glove sector, as gloves are used in healthcare sector which requires FDA approval). (Bear in mind, face mask machines can be bought off the shelves, but building glove plants including installation of production lines need 18-24 months to reach a certain standard produce gloves with FDA-approved quality)

7) There is a fundamental change happening for the glove sector, leading to positive trends in the long term. I.e. Better healthcare awareness, more glove usage in more industries, higher usage of gloves per capita in more countries. Hence, glove ASPs will never go back to 18-22USD per 1000 pieces, with recurring usage driving higher consumption patterns.

https://www.sinchew.com.my/pad/con/content_2290986.html

No show today oh...

Later will fly, now sentiment no good as they need to digest IMF news

Kangaroo now

Cases record high 141k, Brazil alone 37000. This is not good but I know they need gloves.

Short term traders all like post I dunno for what? If want to invest aim for merz and BM not nasi lemak

Charles T, ya he is like that and last time got one appoloang paktua also like that

So strong, hope can close at 7.30

If u all notice everytime kena throw down but got ppl buy up also

https://www.google.com/amp/s/www.forbes.com/sites/saibala/2020/06/15/experts-are-now-questioning-the-inevitability-of-a-second-wave-of-coronavirus/amp/

（吉隆坡16日讯）全球及本地股市上涨，提振手套股今早再度上升。

截至早盘休市，Comfort Gloves Bhd扬29仙或11.28%，至2.86令吉，速柏玛（Supermax Corp Bhd）涨52仙或7.57%，至7.39令吉，Careplus Group Bhd起12仙或9.45%，至1.39令吉。

第三大上升股顶级手套（Top Glove Corp Bhd）升64仙或4.21%，至15.84令吉，而贺特佳（Hartalega Holdings Bhd）增26仙或2.23%，至11.94令吉，高产柅品工业（Kossan Rubber Industries Bhd）扬21仙或2.56%，至8.40令吉。

大马交易所医疗保健指数涨79.80点或3.61%，至2287.90点。

艾芬黄氏投资银行分析员Ng Chi Hoong表示，该研究机构仍积极看待手套领域，因为该领域的收益仍未达到顶峰。

他说：“我们预计今年下半年收益（净利）更高，因为售价继续上涨。”

（吉隆坡16日讯）全球及本地股市上涨，提振手套股今早再度上升。

截至早盘休市，Comfort Gloves Bhd扬29仙或11.28%，至2.86令吉，速柏玛（Supermax Corp Bhd）涨52仙或7.57%，至7.39令吉，Careplus Group Bhd起12仙或9.45%，至1.39令吉。

第三大上升股顶级手套（Top Glove Corp Bhd）升64仙或4.21%，至15.84令吉，而贺特佳（Hartalega Holdings Bhd）增26仙或2.23%，至11.94令吉，高产柅品工业（Kossan Rubber Industries Bhd）扬21仙或2.56%，至8.40令吉。

大马交易所医疗保健指数涨79.80点或3.61%，至2287.90点。

艾芬黄氏投资银行分析员Ng Chi Hoong表示，该研究机构仍积极看待手套领域，因为该领域的收益仍未达到顶峰。

他说：“我们预计今年下半年收益（净利）更高，因为售价继续上涨。”

If u know how to see, is collecting mode now

Ytd luckily add add add only. Dun dump your tickets la bro... Wasted

Those contra players, short trader all burn gao gao

https://edition.cnn.com/world/live-news/coronavirus-pandemic-06-15-20-intl/h_57b5b19ab9203526f93603fbf21dc918

https://www.chinapress.com.my/?p=2074686

Whole world red sea, time to add more if u have bullet.

https://koonyewyin.com/2020/06/14/demand-for-gloves-exceeds-supply/

https://koonyewyin.com/2020/06/14/demand-for-gloves-exceeds-supply/

Wow my prediction is correct they want to announce result earlier. Well done and good for all of us

https://koonyewyin.com/2020/06/14/demand-for-gloves-exceeds-supply/

https://koonyewyin.com/2020/06/14/demand-for-gloves-exceeds-supply/

Cases break new record again. If hit 150k plus second wave in US, glove counters will be unstoppable

For the bull run, release early is better to prove to the market

Hello based on history mostly release in end of the mth, that's my point only. Anyway as long as we huat bro

Must be new*

Hello u must be knee. Their result shd be end of the month release but they made it earlier. Supermax of coz in end of August, what if they release on mid of August

Plus this company is keep on improving and growing as they focus on nitrile now

Few days ago I was thinking supermax result will bring forward like topglove? Who knows comfort surprised me today. I hope supermax also the same. Hehehe... Happy Weekend

Yes very good and got dividend plus brought forward to release result.

Harta and Top glove last min big funds are in.

come come superman to have V shape rebound

Second waves just right at the corner

http://news.seehua.com/?p=568315

Second waves just right at the corner

http://news.seehua.com/?p=568315