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2020-06-14 13:36 | Report Abuse
YTH888 I don’t think I want to. I already made RM280k from glove from 5.75 to RM9.15. That is enough. I can enjoy my life now =)
I can Have fun and go shopping to buy cheap Banking stock in probably 10 month. Buy anything another 6-12 month later. Keep long long. Maybe 2 times already. Just use my profit from glove.
Why I want susah susah guess got shark or no shark?
Limbo is a torture for me.
14/06/2020 1:19 PMI don’t think I want to. I already made RM280k from glove from 5.75 to RM9.15. That is enough. I can enjoy my life now =)
I can Have fun and go shopping to buy cheap Banking stock in probably 10 month. Buy anything another 6-12 month later. Keep long long. Maybe 2 times already. Just use my profit from glove.
Why I want susah susah guess got shark or no shark?
Limbo is a torture for me.
14/06/2020 1:19 PM
YTH888 I don’t think I want to. I already made RM280k from glove from 5.75 to RM9.15. That is enough. I can enjoy my life now =)
I can Have fun and go shopping to buy cheap Banking stock in probably 10 month. Buy anything another 6-12 month later. Keep long long. Maybe 2 times already. Just use my profit from glove.
Why I want susah susah guess got shark or no shark?
Limbo is a torture for me.
14/06/2020 1:19 PM
@YTH888 Please by all means go n enjoy ur life n dont come here n show off how much u earn , very annoying
To me that few hundred k is Kacang n i believe many too who own Supermax n TG
2020-06-14 13:28 | Report Abuse
secretinvestor8888 im a newbie only bcos im against ur favorite stock issit
secretinvestor8888 i have a very good life bro... thanks for asking... you get a life too... get a break from your fake analysis and try to get real profit and not profit "in theory" only like most of ur analysis
14/06/2020 12:45 PM
WAH! Newbie secretinvestor8888 life is good n comfortable,must be very rich but why come here concern our money n FATT CHOY . Why busybody n waste ur time here
What the F.... ..k u doing here .KAN NING BOO/TARH MAR TERH
U R S..- O. -T..- B....h
2020-06-14 11:46 | Report Abuse
@freetospeak n @Goldberg Always Welcomes n TQ
I only have/own TopGlove n few cw so do Supermax n few cw since early April thats why i m quite alert. HAHA
2020-06-14 11:28 | Report Abuse
Smax
12/06/2020 7.500 8.410 7.450 7.910 34.029m 271.880m 17,016
11/06/2020 8.610 9.000 8.050 8.250 35.672m 301.792m 18,551
10/06/2020 8.590 8.820 8.330 8.550 15.468m 133.629m 10,023
09/06/2020 9.150 9.300 8.610 8.650 24.578m 219.990m 15,707
C 79
12/06/2020 2.580 2.590 2.550 2.550 172,000 443,500.00 18
11/06/2020 2.760 2.760 2.760 2.760 50,000 138,000.00 3
10/06/2020 2.780 2.780 2.780 2.780 151,000 419,780.00 9
09/06/2020 3.000 3.040 2.860 2.860 105,000 316,300.00 3
710679 SUPERMX-C79 SUPERMX-C79: CW SUPERMAX CORPORATION BER
Listing Information & Profile for Structured Warrants
Instrument Category : Structured Warrants
Instrument Type : CALL WARRANTS
Description : EUROPEAN-STYLE NON-COLLATERALISED CASH SETTLED CALL WARRANTS
Underlying Stock : SUPERMAX CORPORATION BERHAD
Issuer : MACQUARIE CAPITAL SECURITIES (MALAYSIA) SDN BHD
Stock Code : 710679
Stock Short Name : SUPERMX-C79
ISIN Code : MYL710679U64
Board : Structured Warrants
Sector : HEALTH CARE
Initial Listing Information :
Listing Date : 03/12/2019
Term Sheet Date : 02/12/2019
Issue Date : 02/12/2019
Issue / Ask Price : Malaysian Ringgit (MYR) 0.1500
Issue Size in Unit : 35,000,000.0000
Maturity Date : 19/06/2020
C79 12/06/2020 2.580 2.590 2.550 2.550 172,000 443,500.00 18
11/06/2020 2.760 2.760 2.760 2.760 50,000 138,000.00 3
10/06/2020 2.780 2.780 2.780 2.780 151,000 419,780.00 9
09/06/2020 3.000 3.040 2.860 2.860 105,000 316,300.00 3
Note:Why Supermax mother share this week High at RM 9.30 and Low at RM 7.50
and close at RM 7.91
I strongly believe it is the dirty trick of IB MACQUARIE CAPITAL SECURITIES to push down the mother share so c79 due 19-6-2020 will follow suit or else nothing have been done they will loose their pant off
Next week after the expiry of c79 19th June , Supermax will continue the uptrend again easily above RM 9.00
Hope for the best to those who own Supermax SHARES
Regards
Best friend of SUPERMAX
2020-06-13 00:12 | Report Abuse
100% jump in glovemakers’ shares has further room to run
Bloomberg -June 12, 2020 11:18 PM
Some glove makers have an order backlog running till June 2021, compared to just one month before the pandemic. (Bloomberg pic)
SINGAPORE: Northcape Capital Ltd, one of the largest shareholders of this year’s top gainers in Asia — Top Glove Corp and Hartalega Holdings Bhd — says the two stocks have further room to run.
The pandemic has caused a structural change in demand for gloves, so earnings at some makers will double in each of the next two years and drive their stocks to outperform, according to Ross Cameron, a fund manager at Northcape, which overseas about $7 billion (RM30 billion) in assets globally.
“The duration of super-normal demand is still longer than most people realise,” Cameron said.
Factors that will continue to support the share rally include product price increases and the fact many nations are ill-prepared for pandemics, he said.
2020-06-13 00:11 | Report Abuse
100% jump in glovemakers’ shares has further room to run
Bloomberg -June 12, 2020 11:18 PM
Some glove makers have an order backlog running till June 2021, compared to just one month before the pandemic. (Bloomberg pic)
SINGAPORE: Northcape Capital Ltd, one of the largest shareholders of this year’s top gainers in Asia — Top Glove Corp and Hartalega Holdings Bhd — says the two stocks have further room to run.
The pandemic has caused a structural change in demand for gloves, so earnings at some makers will double in each of the next two years and drive their stocks to outperform, according to Ross Cameron, a fund manager at Northcape, which overseas about $7 billion (RM30 billion) in assets globally.
“The duration of super-normal demand is still longer than most people realise,” Cameron said.
Factors that will continue to support the share rally include product price increases and the fact many nations are ill-prepared for pandemics, he said.
2020-06-12 18:53 | Report Abuse
@mapeyeo1
Many IB forecast TG next FY PAT will be 3-4 Billions
1st QTR next FY will be september , october n november
2020-06-12 18:37 | Report Abuse
mapeyeo1 Among c-74 and c-75, which one is better?
c-74 exercise price 8.00 n 7 to 1 exp 22-3-2021
c-75 exercise price 7.35 n 7 to 1 exp 30-11-2020
Short term c75 better , where else c74 exp 22-3-2020 more advantage bcoz TG next FY
QTR 1 n QTR 2 , PAT will be explosive results n price will Gap up very high
So c74 got the advantage n c75 cant wait next FY QTR 1 n QTR 2
2020-06-12 10:43 | Report Abuse
RE: ACO history from day 1 new listing 18-3-2020 to 11-6-2020 to date
Week : 24
11/06/2020 0.670 0.705 0.500 0.530 50.678m 29.992m 4,838
10/06/2020 0.555 0.715 0.555 0.645 126.773m 82.637m 10,139
09/06/2020 0.355 0.640 0.345 0.540 222.102m 109.216m 14,739
Week : 23
05/06/2020 0.320 0.370 0.285 0.345 248.072m 82.917m 10,687
04/06/2020 0.240 0.270 0.240 0.265 22.300m 5.770m 796
03/06/2020 0.240 0.245 0.235 0.240 2.698m 647,946.50 95
02/06/2020 0.235 0.250 0.235 0.240 6.353m 1.536m 182
01/06/2020 0.235 0.245 0.235 0.235 5.491m 1.313m 190
Week : 22
29/05/2020 0.240 0.245 0.235 0.235 3.049m 724,243.50 158
28/05/2020 0.235 0.240 0.230 0.230 3.068m 721,057.50 64
27/05/2020 0.235 0.245 0.230 0.240 3.571m 846,052.50 146
Week : 21
22/05/2020 0.235 0.240 0.230 0.230 1.901m 443,405.00 84
21/05/2020 0.240 0.240 0.235 0.235 3.852m 908,498.50 131
20/05/2020 0.240 0.245 0.235 0.240 5.865m 1.420m 206
19/05/2020 0.245 0.245 0.235 0.240 2.058m 493,823.00 88
18/05/2020 0.235 0.250 0.235 0.240 6.894m 1.670m 265
Week : 20
15/05/2020 0.235 0.250 0.235 0.235 6.557m 1.571m 255
14/05/2020 0.240 0.245 0.230 0.235 11.288m 2.672m 413
13/05/2020 0.240 0.270 0.230 0.245 40.237m 10.144m 1,447
12/05/2020 0.235 0.245 0.235 0.240 5.281m 1.257m 281
Week : 19
08/05/2020 0.230 0.240 0.230 0.235 7.150m 1.679m 291
06/05/2020 0.235 0.235 0.230 0.230 2.084m 481,725.50 95
05/05/2020 0.235 0.240 0.230 0.235 3.673m 862,485.00 201
04/05/2020 0.230 0.245 0.225 0.230 7.723m 1.804m 353
Week : 18
30/04/2020 0.240 0.250 0.235 0.235 6.850m 1.648m 341
29/04/2020 0.240 0.245 0.235 0.235 3.745m 903,022.50 220
28/04/2020 0.260 0.260 0.235 0.240 17.863m 4.442m 847
27/04/2020 0.230 0.250 0.225 0.250 21.808m 5.243m 865
Week : 17
24/04/2020 0.230 0.240 0.225 0.225 9.951m 2.302m 492
23/04/2020 0.240 0.245 0.230 0.230 5.047m 1.192m 320
22/04/2020 0.235 0.240 0.220 0.235 8.262m 1.916m 497
21/04/2020 0.270 0.275 0.235 0.240 37.398m 9.513m 1,583
20/04/2020 0.250 0.285 0.245 0.270 34.036m 9.148m 1,214
Week : 16
17/04/2020 0.250 0.260 0.245 0.245 8.699m 2.187m 383
16/04/2020 0.240 0.255 0.240 0.250 5.255m 1.307m 223
15/04/2020 0.245 0.250 0.240 0.240 3.575m 871,093.00 191
14/04/2020 0.240 0.250 0.235 0.245 6.826m 1.667m 299
13/04/2020 0.245 0.245 0.235 0.235 2.808m 678,435.50 182
Week : 15
10/04/2020 0.240 0.250 0.235 0.245 6.305m 1.540m 418
09/04/2020 0.245 0.250 0.230 0.240 6.117m 1.469m 338
08/04/2020 0.255 0.255 0.240 0.240 6.317m 1.553m 416
07/04/2020 0.260 0.270 0.255 0.260 17.394m 4.557m 975
06/04/2020 0.235 0.260 0.235 0.255 21.018m 5.250m 1,026
Week : 14
03/04/2020 0.235 0.240 0.220 0.235 4.145m 959,458.50 353
02/04/2020 0.225 0.245 0.225 0.235 7.733m 1.835m 372
01/04/2020 0.240 0.260 0.225 0.230 15.227m 3.726m 1,034
31/03/2020 0.210 0.255 0.200 0.245 29.344m 6.763m 1,310
30/03/2020 0.185 0.210 0.185 0.200 10.774m 2.163m 509
Week : 13
27/03/2020 0.165 0.225 0.160 0.195 48.062m 9.606m 1,822
26/03/2020 0.160 0.175 0.150 0.160 6.500m 1.092m 254
25/03/2020 0.165 0.175 0.155 0.160 6.830m 1.121m 277
24/03/2020 0.150 0.165 0.150 0.155 6.354m 994,030.00 199
23/03/2020 0.145 0.155 0.140 0.145 6.726m 987,259.50 230
Week : 12
20/03/2020 0.145 0.165 0.145 0.155 11.109m 1.716m 480
19/03/2020 0.155 0.165 0.135 0.145 10.524m 1.514m 643
18/03/2020 0.200 0.245 0.160 0.160 47.227m 9.835m 3,224
Day 1 listing 18-3-2020 at 0.16 to 11-6-2020 at 0.53
History low 0.16 and high 0.715 on 10-6-2020 since 1st day listing on 18-3-2020
Note: What go up must come down too
This is a highly speculative stock by syndicate n day trader so be cautious,guys!
Greed will cause you serious damage to your personal and family financially ,i would recommend you to cut loss ASAP before it get worst (0.20 or lower)
So trade with diligently without greed , everybody is greedy because is inborn or else you wont buy stocks but you have to overcome it by yourself
Note: Short term pain is long term gain
Regards
Good intention people
2020-06-11 21:51 | Report Abuse
Dow Jones/Down 26,223.28 -766.71 -2.84%
S&P 500 3,111.64 -78.50 -2.46%
Nasdaq 9,809.28 -211.06 -2.11%
2020-06-11 21:47 | Report Abuse
RE: ACO history from day 1 new listing 18-3-2020 to 11-6-2020 to date
Week : 24
11/06/2020 0.670 0.705 0.500 0.530 50.678m 29.992m 4,838
10/06/2020 0.555 0.715 0.555 0.645 126.773m 82.637m 10,139
09/06/2020 0.355 0.640 0.345 0.540 222.102m 109.216m 14,739
Week : 23
05/06/2020 0.320 0.370 0.285 0.345 248.072m 82.917m 10,687
04/06/2020 0.240 0.270 0.240 0.265 22.300m 5.770m 796
03/06/2020 0.240 0.245 0.235 0.240 2.698m 647,946.50 95
02/06/2020 0.235 0.250 0.235 0.240 6.353m 1.536m 182
01/06/2020 0.235 0.245 0.235 0.235 5.491m 1.313m 190
Week : 22
29/05/2020 0.240 0.245 0.235 0.235 3.049m 724,243.50 158
28/05/2020 0.235 0.240 0.230 0.230 3.068m 721,057.50 64
27/05/2020 0.235 0.245 0.230 0.240 3.571m 846,052.50 146
Week : 21
22/05/2020 0.235 0.240 0.230 0.230 1.901m 443,405.00 84
21/05/2020 0.240 0.240 0.235 0.235 3.852m 908,498.50 131
20/05/2020 0.240 0.245 0.235 0.240 5.865m 1.420m 206
19/05/2020 0.245 0.245 0.235 0.240 2.058m 493,823.00 88
18/05/2020 0.235 0.250 0.235 0.240 6.894m 1.670m 265
Week : 20
15/05/2020 0.235 0.250 0.235 0.235 6.557m 1.571m 255
14/05/2020 0.240 0.245 0.230 0.235 11.288m 2.672m 413
13/05/2020 0.240 0.270 0.230 0.245 40.237m 10.144m 1,447
12/05/2020 0.235 0.245 0.235 0.240 5.281m 1.257m 281
Week : 19
08/05/2020 0.230 0.240 0.230 0.235 7.150m 1.679m 291
06/05/2020 0.235 0.235 0.230 0.230 2.084m 481,725.50 95
05/05/2020 0.235 0.240 0.230 0.235 3.673m 862,485.00 201
04/05/2020 0.230 0.245 0.225 0.230 7.723m 1.804m 353
Week : 18
30/04/2020 0.240 0.250 0.235 0.235 6.850m 1.648m 341
29/04/2020 0.240 0.245 0.235 0.235 3.745m 903,022.50 220
28/04/2020 0.260 0.260 0.235 0.240 17.863m 4.442m 847
27/04/2020 0.230 0.250 0.225 0.250 21.808m 5.243m 865
Week : 17
24/04/2020 0.230 0.240 0.225 0.225 9.951m 2.302m 492
23/04/2020 0.240 0.245 0.230 0.230 5.047m 1.192m 320
22/04/2020 0.235 0.240 0.220 0.235 8.262m 1.916m 497
21/04/2020 0.270 0.275 0.235 0.240 37.398m 9.513m 1,583
20/04/2020 0.250 0.285 0.245 0.270 34.036m 9.148m 1,214
Week : 16
17/04/2020 0.250 0.260 0.245 0.245 8.699m 2.187m 383
16/04/2020 0.240 0.255 0.240 0.250 5.255m 1.307m 223
15/04/2020 0.245 0.250 0.240 0.240 3.575m 871,093.00 191
14/04/2020 0.240 0.250 0.235 0.245 6.826m 1.667m 299
13/04/2020 0.245 0.245 0.235 0.235 2.808m 678,435.50 182
Week : 15
10/04/2020 0.240 0.250 0.235 0.245 6.305m 1.540m 418
09/04/2020 0.245 0.250 0.230 0.240 6.117m 1.469m 338
08/04/2020 0.255 0.255 0.240 0.240 6.317m 1.553m 416
07/04/2020 0.260 0.270 0.255 0.260 17.394m 4.557m 975
06/04/2020 0.235 0.260 0.235 0.255 21.018m 5.250m 1,026
Week : 14
03/04/2020 0.235 0.240 0.220 0.235 4.145m 959,458.50 353
02/04/2020 0.225 0.245 0.225 0.235 7.733m 1.835m 372
01/04/2020 0.240 0.260 0.225 0.230 15.227m 3.726m 1,034
31/03/2020 0.210 0.255 0.200 0.245 29.344m 6.763m 1,310
30/03/2020 0.185 0.210 0.185 0.200 10.774m 2.163m 509
Week : 13
27/03/2020 0.165 0.225 0.160 0.195 48.062m 9.606m 1,822
26/03/2020 0.160 0.175 0.150 0.160 6.500m 1.092m 254
25/03/2020 0.165 0.175 0.155 0.160 6.830m 1.121m 277
24/03/2020 0.150 0.165 0.150 0.155 6.354m 994,030.00 199
23/03/2020 0.145 0.155 0.140 0.145 6.726m 987,259.50 230
Week : 12
20/03/2020 0.145 0.165 0.145 0.155 11.109m 1.716m 480
19/03/2020 0.155 0.165 0.135 0.145 10.524m 1.514m 643
18/03/2020 0.200 0.245 0.160 0.160 47.227m 9.835m 3,224
Day 1 listing 18-3-2020 at 0.16 to 11-6-2020 at 0.53
History low 0.16 and high 0.715 on 10-6-2020 since 1st day listing on 18-3-2020
Note: What go up must come down too
This is a highly speculative stock by syndicate n day trader so be cautious,guys!
Greed will cause you serious damage to your personal and family financially ,i would recommend you to cut loss ASAP before it get worst (0.20 or lower)
So trade with diligently without greed , everybody is greedy because is inborn or else you wont buy stocks but you have to overcome it by yourself
Note: Short term pain is long term gain
Regards
Good intention people
2020-06-11 00:17 | Report Abuse
c74 the best expire at 22nd march 2021 7:1 8.00
2020-06-10 23:16 | Report Abuse
mf Johnson & Johnson announced Wednesday its early-stage human trial for a potential coronavirus vaccine will begin in the second half of July, earlier than its initial forecast of September.
If man use condom everyday , 1 month only 30 condoms
But Doctors and Nurses around the World use/change Gloves 30 pairs a DAY
2020-06-10 23:15 | Report Abuse
mf Johnson & Johnson announced Wednesday its early-stage human trial for a potential coronavirus vaccine will begin in the second half of July, earlier than its initial forecast of September.
If man use condom everyday , 1 month only 30 condoms
But Doctors and Nurses around the World use/change Gloves 30 pairs a DAY
2020-06-10 22:47 | Report Abuse
Cancer got symptoms , Superb results also got symptoms right.
TopGlove give you the sign that their QTR PAT are very good , so better buy early before result out or else will miss the Cruise Ship.
2020-06-10 22:46 | Report Abuse
Cancer got symptoms , Superb results also got symptoms right.
TopGlove give you the sign that their QTR PAT are very good , so better buy early before result out or else will miss the Cruise Ship.
2020-06-10 22:29 | Report Abuse
TopGlove 3rd QTR just ended 31st May , most Company will announce their qtr result 1-2 months later, TopGlove are superb bcoz they announce 14-30 days later but this time much earlier only 11 days.
Their results must be very superb good out of everybody expectation, should be more than 300 millions or else why so confidence announce earlier than expectation.
Best of luck to all gloves stock holder
Thank You
2020-06-10 22:28 | Report Abuse
TopGlove 3rd QTR just ended 31st May , most Company will announce their qtr result 1-2 months later, TopGlove are superb bcoz they announce 14-30 days later but this time much earlier only 11 days.
Their results must be very superb good out of everybody expectation, should be more than 300 millions or else why so confidence announce earlier than expectation.
Best of luck to all gloves stock holder
Thank You
2020-06-09 22:05 | Report Abuse
Sell house sell car sell wife even under wear also must sell
Sailang all in ACO sure limit up
2020-06-09 22:00 | Report Abuse
The only approve convid 19 test kid in Malaysia by ACO
Tomorrow sure limit up , better buy early or else very fast limit up
Early bird catches the big fat worm
Hurry dont think and wait anymore or all of you will regret for life
This is once a life time opportunity
2020-06-08 22:53 | Report Abuse
Hockey I used to manage MNCs. In my experience, not many companies/ industries could have the opportunity like glove makers able to increase revenue simply due to higher ASP while cost remained unchanged or better still lowered due to low commodities price. Having additional capacity to increase production would be bonus. Some of the big 4 have those advantages. Furthermore, how many more competitors in such time? None.
This could be once in a life time opportunity for Malaysian glove makers. I am sure there will be more sizeable glove factories in the next 5 to 10 years. We as investors will be happy to ride along.
Happy investing
@Hockey
We will be very rich end of this year and even richer next year by the time Gloves over supply another 5 or 10 year later
2020-06-08 22:42 | Report Abuse
dxbman This Star888 is a classic example of FOMO. He just woke up from long hibernation and realised he missed the boat in glove counters, Check his profile
Both VincentTang + Star8888 Lost their pants off or without pant in O&G stocks n Jaks so they release their tension here . HAHA !!
2020-06-08 22:41 | Report Abuse
dxbman This Star888 is a classic example of FOMO. He just woke up from long hibernation and realised he missed the boat in glove counters, Check his profile
Both VincentTang + Star8888 Lost their pants off or without pant in O&G stocks n Jaks so they release their tension here . HAHA !!
2020-06-08 22:38 | Report Abuse
VincentTang IF YOU DON'T TRUST, BUY MORE EVEN CAN ALL IN. SURE YOU WILL GET TRAP SOON.
Yessss
We love to be trap n lock in by TopGlove n Supermax so waht?
2020-06-08 22:35 | Report Abuse
Pent11 Shark troopers
No lah they are
IB lackey's dogs + moron + VincentTang + Star8888
Just Came back from Mars
2020-06-08 22:14 | Report Abuse
VincentTang R U another IB lackey's or pariah Dog
VincentTang I agree with Star8888. Another thing is try to think nowadays mask price keep dropping due to oversupply. Very soon glove will be like as mask, price will be dropping soon
2020-06-08 22:12 | Report Abuse
VincentTang I agree with Star8888. Another thing is try to think nowadays mask price keep dropping due to oversupply. Very soon glove will be like as mask, price will be dropping soon.
08/06/2020 10:09 PM
You are IB lackey's or pariah Dog ?
Another pariah come here barking
2020-06-08 22:09 | Report Abuse
Star8888 Wait and see. Sure novice and new investor get burn in glove stock. Be careful especially new investor.
@Star8888 You are IB lackey's or pariah Dog ?
2020-06-08 21:51 | Report Abuse
Star8888 Covid 19 world wide daily new cases drop a lot yesterday. Glove stock might in pressure now.
@Star8888 You are IB lackey's or pariah Dog ?
2020-06-08 21:48 | Report Abuse
Star8888 Covid 19 world wide daily new cases drop a lot yesterday. Glove stock might in pressure now.
In the dream kah or just came back from Mars ?
2020-06-08 19:20 | Report Abuse
Fishningen Im a newbie should i buy tomorrow?
c91 good buy
2020-06-08 14:05 | Report Abuse
This is unlike a pump and dump situation. This is a situation where there are plenty of speculators, traders and institutional funds looking at one sector. Their next 4-6 quarterlies should be magnificent. Expectations will be met or even surpassed. We are talking real profits and not imagining profits 3 years out. Hence I see the glove makers' rally continuing albeit with some corrections but any corrections should be short lived.
I would probably advise to cut your trading/portfolio positions by 50% once these prices have been passed:
Hartalega RM14.00
Top Glove RM24.00
Kossan RM11.00
Supermax RM10.50
Comfort RM4.50
(these levels are derived from the view in light of their fundamentals and institutional liking plus traders' favoured counters)
Another 10% from these levels I would strongly advise to ignore the glove makers.
2020-06-08 14:02 | Report Abuse
you are looking at "highly robust" quarterlies from them for at least the next 4-6 quarters. One needs to ask is this the new normal - when things die down a year out, how will demand be then? There is a new normal. Even a year out and things have settled back to normalcy, I still see a lot more "new buyers" as stocking up will be a new norm. Government agencies, retail sector and related sectors will be more keen to be stocked up in "essential items" to prepare for future outbreaks or pandemics.
The SARs did lift demand but it did not translate to a huge breakout in demand following that because SARs wasn't so widespread. This time its global so the impact cannot be dismissed lightly. But SARs was largely a southern China plus HK matter and some neighbouring Asian countries, but only 8,000 deaths. COVID19 - deaths the far 402,000. What that means: new buyers (government agencies, hospitals, NGOs, even personal inventory) even after the pandemic is over.
While the business isn't really like a moat around a castle, the barriers to entry is the time lag to enter the business. You need at least 5 years to be viable and being able to reduce cost via economies of scale to compete with the Big 5 or 6 players. You need to be in Malaysia and Thailand for access to latex (though not essential but it helps). You need trained workers and relatively competitive labour (again, Malaysia and Thailand).
Glove makers are now an essential component of any major index funds for Asian or regional exposure. Imagine new funds or ETFs to be launch for Health Services or Healthcare, .... who are the beneficiaries. This sector will be increasingly mopped up by those type of funds plus indexed funds. Glove makers used to be a maybe you need to have in your portfolio. Now it has graduated to becoming an essential exposure for any long fund with any credibility. Any correction will be mild. Unless they go way past the levels cited below.
2020-06-08 14:02 | Report Abuse
you are looking at "highly robust" quarterlies from them for at least the next 4-6 quarters. One needs to ask is this the new normal - when things die down a year out, how will demand be then? There is a new normal. Even a year out and things have settled back to normalcy, I still see a lot more "new buyers" as stocking up will be a new norm. Government agencies, retail sector and related sectors will be more keen to be stocked up in "essential items" to prepare for future outbreaks or pandemics.
The SARs did lift demand but it did not translate to a huge breakout in demand following that because SARs wasn't so widespread. This time its global so the impact cannot be dismissed lightly. But SARs was largely a southern China plus HK matter and some neighbouring Asian countries, but only 8,000 deaths. COVID19 - deaths the far 402,000. What that means: new buyers (government agencies, hospitals, NGOs, even personal inventory) even after the pandemic is over.
While the business isn't really like a moat around a castle, the barriers to entry is the time lag to enter the business. You need at least 5 years to be viable and being able to reduce cost via economies of scale to compete with the Big 5 or 6 players. You need to be in Malaysia and Thailand for access to latex (though not essential but it helps). You need trained workers and relatively competitive labour (again, Malaysia and Thailand).
Glove makers are now an essential component of any major index funds for Asian or regional exposure. Imagine new funds or ETFs to be launch for Health Services or Healthcare, .... who are the beneficiaries. This sector will be increasingly mopped up by those type of funds plus indexed funds. Glove makers used to be a maybe you need to have in your portfolio. Now it has graduated to becoming an essential exposure for any long fund with any credibility. Any correction will be mild. Unless they go way past the levels cited below.
2020-06-08 13:59 | Report Abuse
Maybank Kim Eng analyst Lee Yen Ling wrote that “massive earnings explosion in coming quarters will throw brokers’ forecasts out of the window”. Lee has raised its target price of Top Glove to RM20, implying a 49% share price increment from the current price of RM13.38 amid expectation of higher average selling prices (ASPs) and exponential growth on glove consumption worldwide. Maybank KimEng raised its earnings per share forecast by 37% for the financial year ending Aug 31, 2020 (FY20), 180% for FY21 and 18% for FY22 to impute for ASP hikes and spot orders until 1QFY21 (September to November 2020). “Our earnings forecasts could still be conservative as glove players might continue to raise ASPs until June 2021,” said Lee.
2020-06-08 13:59 | Report Abuse
Maybank Kim Eng analyst Lee Yen Ling wrote that “massive earnings explosion in coming quarters will throw brokers’ forecasts out of the window”. Lee has raised its target price of Top Glove to RM20, implying a 49% share price increment from the current price of RM13.38 amid expectation of higher average selling prices (ASPs) and exponential growth on glove consumption worldwide. Maybank KimEng raised its earnings per share forecast by 37% for the financial year ending Aug 31, 2020 (FY20), 180% for FY21 and 18% for FY22 to impute for ASP hikes and spot orders until 1QFY21 (September to November 2020). “Our earnings forecasts could still be conservative as glove players might continue to raise ASPs until June 2021,” said Lee.
2020-06-08 12:59 | Report Abuse
YTH888 Sarara
Tell me why the bank want to steal glove share and not steal oil share.
For most people in this forum, they sailang for supermax. So 30%-50% increase in supermax, they already millionaire.
Better than oil where people don’t dare play big.
Even I am stuck at high price with glove, I know people will still want to buy from me at my entry price in less than 2 weeks.
If I am stuck at oil, I don’t know how long I have to wait. Recovery of economy takes 3-5years.
Economist say that this crisis is U shaped recovery. Not a V shape
NOTE:
O&G no hurry bcoz too many choices
Glove ? very handful only Top 4 But only 2, Supermax n TopGlove outperform
Take note Only 2 out of thousands in BURSA that in MALAYSIA only
2020-06-08 12:49 | Report Abuse
CONVID 19
Antidote = can be treat / cure
Glove = Vaccine/ prevention
Note : H1N1 , SARS , MERS , EBOLA , MALARIA , DENGUE fever no vaccine yet to be found after decades of research
Do you think CONVID 19 VACCINE can be created ???
But above this can be treated and cure so do CONVID 19 too
Cure no problem can be found but vaccine for prevention i doubts
W H O already said we have to live with CONVID 19 as neighbor
Mankind need protection by PPE Especially Glove
HIV AIDS
Worse no treatment at all , Vaccine ?????
Already few Decades
icon2020 Vaccine is the only stop to glove counter to sour. Not likely happen in near future. For those experiences panic force sale at all glove counters on Jun 3, and see how the market closed finally on the same day. Confident is there.
2020-06-08 11:43 | Report Abuse
Apple1234 Aaro_tan: you can reply and explain to me why HIV, Sars,H1N1, cancer until now cant cure it and have a medicine? HiV also like covid-19, always came out the news say maybe coming 1 years will have medicine. But why until now i have see any medicine and vaccine? Now technology is advanced right? Can tell me why? Can answer me?
CONVID 19
Antidote = can be treat / cure
Glove = Vaccine/ prevention
Note : H1N1 , SARS , MERS , EBOLA , MALARIA , DENGUE fever no vaccine yet to be found after decades of research
Do you think CONVID 19 VACCINE can be created ???
But above this can be treated and cure so do CONVID 19 too
Cure no problem can be found but vaccine for prevention i doubts
W H O already said we have to live with CONVID 19 as neighbor
Mankind need protection by PPE Especially Glove
HIV AIDS
Worse no treatment at all , Vaccine ?????
Already few Decades
2020-06-07 19:10 | Report Abuse
Xcatcat Sri Trang loosing money every year .
UG healthcare Profit increase yearly , good management .Go check
They are their own distributer ; OBM ; no lock in pricing like OEM
Riverstone and Topglov factory also in msia but listed in SGX. Makes more sense to have factory in msia .
Nothing like small player careplus.
@Xcatcat
LIAR always a liars
Are UG 3rd largest glove producer listed in SGX ? Please Answer my question ?
Penny goreng stock 52 week High 0.795 Low 0.131
Now 0.735 up 500%
PE 73.5
EPS 0.01
M. Cap 144.1 million Sing
This is no place people like you to promote here
2020-06-07 17:27 | Report Abuse
daretocutandchange ARAMCO,seremban company UG HEALTCARE(41A)listed in sg,business model same as supermax...........original brand.........under"UNIGLOVES"......sell distribution centres brazil,usa,uk, germany,nigeria and china.
Another ChuiNui guy's Dare to say 3rd largest glove stock listed at SGX Singapore?same like @Xcatcat ?
Last year only 0.15 Sing Cents n these few days goreng up to 0.735 PE 73.5 eps 0.01
Not even 10% of Supermax , how to compare (sky & earth )
Penny stocks lah n kacang goreng stocks
FYI Beware! conman stock
2020-06-07 16:51 | Report Abuse
Xcatcat UG healthcare is a well managed gloves company with own distribution (OBM) network sells directly to customers in North America, Brazil etc. been building the network for many years . Similar to Supermax . Much undervalued right now , 3 rd largest gloves company listed in SGX (Singapore Stock Exchange) open tmrw ; its a gem under the radar.
Note:
RE:
SGX GLOVES listed company
1) BVA TopGlove world no : 1
2) Sri Trang Agro (Thailand) World no:3
3) RiverStone (Malaysia Base Co) Malaysia no:6
4)???
etc....
UG is Seremban Base Company n no:? Please double Check n dont blow trumpet (ChuiNiu) n promote misleading info here
FYI UG as i know Kacang Goreng Stock
2020-06-07 16:50 | Report Abuse
Xcatcat UG healthcare is a well managed gloves company with own distribution (OBM) network sells directly to customers in North America, Brazil etc. been building the network for many years . Similar to Supermax . Much undervalued right now , 3 rd largest gloves company listed in SGX (Singapore Stock Exchange) open tmrw ; its a gem under the radar.
Note:
RE:
SGX GLOVES listed company
1) BVA TopGlove world no : 1
2) Sri Trang Agro (Thailand) World no:3
3) RiverStone (Malaysia Base Co) Malaysia no:6
4)???
etc....
UG is Seremban Base Company n no:? Please double Check n dont blow trumpet (ChuiNiu) n promote misleading info here
FYI UG as i know Kacang Goreng Stock
2020-06-07 16:47 | Report Abuse
bcw1 @tcl u sold or ur trying to create panic so that u can buy more ? U were just aiming for rm25 tp a few days back
What buy more? no no
Must be sold too early n now hiding at the corner crying non stop.
2020-06-07 16:45 | Report Abuse
tcl tcl bull shit Tp price. peak is over
@tcl tcl KA KI KONG n KA KI SONG
KKK n KKS
OTC Otak Tak Centre
Must sold too early n now hiding at the corner crying non stop.
KLSE: TOPGLOV TOP GLOVE CORP BHD
Last Price Avg Target Price Upside/Downside Price Call
16.38 8.74 -7.64 (46.64%)
* Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months.
** Price Targets are adjusted for Bonus Issue, Shares Split & Shares Consolidation (where applicable).
Date Open Price Target Price Upside/Downside Price Call Source News
04/06/2020 14.32 23.00 +8.68 (60.61%) BUY CREDIT SUISSE Price Target News
02/06/2020 14.80 20.10 +5.30 (35.81%) BUY KENANGA Price Target News
29/05/2020 13.20 20.00 +6.80 (51.52%) BUY MAYBANK Price Target News
29/05/2020 13.20 20.50 +7.30 (55.30%) BUY MACQUARIE GROUP
2020-06-07 16:38 | Report Abuse
RE:
SGX GLOVES listed company
1) BVA TopGlove world no : 1
2) Sri Trang Agro (Thailand) World no:3
3) RiverStone (Malaysia Base Co) Malaysia no:6
4)???
etc....
UG Seremban Base no:? Please double Check n dont blow trumpet (ChuiNiu) here n promote misleading info
FYI UG as i know Kacang Goreng Stocks
07/06/2020 4:37 PM
2020-06-07 16:27 | Report Abuse
kfliau @Aramco I first bought c74 at 83 cts n took profit at 1.23 Friday reentered half of my fund at 1.30, will all in my balance fund on Tue.
Good , myself bought both below 0.80 n still holding until TP achieve or 4th QTR results September announce another (explosive)record breaking
Stock: [SUPERMX]: SUPERMAX CORPORATION BHD
2020-06-14 13:39 | Report Abuse
CharlesT Empty drums..never c big snake pee...rm280k very big big money woh
What big snake pee?
How about Anaconda Pang Sai did he see that too?