If only we could fast forward to 3 months from now and look at the screen then. Instant riches. No more 19 or 20 sen. Nowhere close.

AT share price will not be affected by the vaccine news because right now its a loss making company. With gloves on board, it's financial performance will increase multiple fold like x 20 or 30 times. So it's foreseeable future is bright and profitable since its starting from zero earnings. Besides, vaccine will mean more gloves needed to administer. Why can't people realise that gloves and vaccine work hand in hand.

https://www.facebook.com/AlibabaTrader/photos/a.111837813869910/185698456483845/

The old fox will usually do site visit before he goes all in to the counter.

Millionaires in the making. More to come..

Forbid of Direct Business Transaction (DBT) Due to Rule 10.10(3)

Please be informed that the following stocks will be forbidden from DBT until 3.30 p.m. , as per Bursa Trading Rule 10.10(3) due to material announcement:
No. Stock Code Stock Name

1 0182 LKL

2 0072 AT

3 0072WC AT-WC
The stocks will only be authorized for DBT at 3.30 p.m.
Dealers and remisiers are reminded that the reference price for DBT upon authorization shall be:
1. VWAP from 2.30 p.m. to 3.30 p.m.(traded stocks)
2. Reference price (un-traded stocks)
There is no impact to the normal market trading. Please be guided accordingly.

Operator block the price at 12 for today. Be glad there's an operator for this counter rather than curse it. Because one fine day, they will push it up when the time is right.

Most employees who participate in esos won't sell it immediately. They will hold on for the big jackpot like the rest of us too. And esos is not free share. It comes from 5% of their salary on monthly basis and that's how it pays for the share to the employees. Only difference is they do enjoy a certain discount to the market price. So how esos will impact the share price on the day is negligible.

Announcement makes no difference. AT is still on course to produce 2.1 billion gloves by June 2021.

People don't realise that vaccine, if and when really available, will actually propagate more glove usage. Patients will not be the ones wearing gloves. It's the medical personnel. And they will need to wear gloves when they administer the vaccine to the millions of people out there. Current SOP is gloves must be disposed for each and every patient. Do the math.

Big slap in the face for Moo. Market will fly tomorrow!

Don't forget Careplus PAT just 2 quarters ago was just 1.14 million. This is a phenomenal achievement for any company. From 1.14 million earnings in Q1 to 42 million in q3. With even bigger profit growth in coming quarters.

42 m same earnings as Comfort last qr but cheaper than Comfort at the moment. Moreover, Careplus eps beat Comfort eps while trading at lower price! This will overtake Comfort by next week.

Qr out tomorrow. Probably after 5

Rm4 by end of the month. Forward PE will stand out like a sore thumb after qr comes out. This takes into account the share dilution too

Everyone could actually have sold their bonus shares on Monday la. Why wait until today?

The naysayers from last week have disappeared today...

Don't sell your Ruberex before the qr! This one will keep going up. Word has it the results are record breaking. I don't mean just 50 or 60% higher. The extra 2 billion capacity came into production June. Pity those who sold last week.

Sentiment is good now with gloves on the uptrend. Topglove and Supermax after ex date coincided with gloves on a retracement cycle. But looking at Kossan and Esceram bi uptrend after ex date bodes well for Rubberman. Rm3. 50 by next week.

http://www.koonyewyin.com/2020/10/09/supermax-moving-up-slowly-but-surely/

Old man is backing the stock he called a lame duck. I think this fella is going senile.. Can't decide what he wants

Jcy was on the uptrend until the Trump covid news. It will continue uptrend again next week. The chart is looking very positive.

Probably won't see anything below rm10 by October.

https://www.klsescreener.com/v2/announcements/view/3233441

Retailers never learn. The IBs are trying to create a panic sell so they can collect cheap. Hold tight and do not sell any to these mfs. The bounce back will come.

Cksam, I'm guessing you are a desk bound accounts guy or something similar. All that pointless number crunching to arrive at such an incorrect conclusion. Alas, the business world operates differently. The personal Intel I have is that PAT is well over 1bn. Nuff said.

To be fair to Premasamy from MacCurry Investment, he's just a glorified messenger boy for his big bosses. He hasn't got any authority to print even 2 sentences of any report before it's been vetted and approved from the top. Although I do pity him for being used and manipulated for such a hatchet job like downgrading Topglove because now his name as analyst has zero credibility. I used to be in IB line. Believe me, every IB has an angle. And their angle has no regard for the retail public. Everything is a means to their end.

Old man kyy certainly made a fatal investor's mistake by selling Supermax just before the last minute tsunami arrived. The timing of his exit would have induced sleepless nights for the old man. But all credit to him for bravely posting the fact that he sold out on his blog albeit he was trying to rally new support back for Comfort. Most of us here would not be proud to announce this faux pas publicly if it had been us. I would not be surprised if he went back into Supermax again big time on Tuesday.

I have been working with IBs before previously. A lot of these so called stock analysts are very normal folks, like your average Joe, with house mortgage and car loan. Not as if they are all self made millionaires. If someone like Warren Buffet said something, perhaps I might sit up and pay attention. But local IBs coming out with sweeping statements like gloves bull run is over etc I don't care much about. The local IBs work as a syndicate and a lot of their analysis is to serve their self interests. Ikan bilis is collateral damage in their eyes.

Long weekend ahead. Of course the contra players and weak holders will look to dispose today. Can't fight the sell tide. Just let the flushing get completed. Next week will be up again for the next TP which should be 38 to 45 sen.

Was scrolling through this thread after not been here for a while and it seems that it has been totally taken over by this mike guy who posts hundreds of nonsensical information which we don't need. A very selfish person who has ruined this thread with rubbish stats and numbers which nobody bothers to read. I'm not sure what his real intentions are but nobody appreciates this kind of spam. He's a forum's worst nightmare. Someone who has no life and trolls 24 x 7. I'm wondering if he can be thrown out of here if enough people complain to the forum admin.

Ambank Research are really talking out of their arse about gloves already reaching their target price. Obviously they need to read the notes to the qr in more detail. Increasing ASP prices only reflected in June and onwards. Additional capacity of 15 to 20 % in Q3 and beyond. This will add up to a exponentially record breaking next qr. The same applies to the other gloves as well. The next qrs reported in 3 months time for all gloves will be reflecting massive growth in revenues and profits. Forward PE ratios based on the next few qrs makes gloves still look very undervalued now.

I just wasted scrolling this whole page seeing us trying to explain sense to this @Attaack loony while we could have been having an informative discussion. I think the best response to this troll is no response at all. Pretend like his posts are not even there. Or other option is to inject the Russian vaccine up his arse.

Generally good info sharing from Alvaro and Calvin here compared to the Supermax thread which has gotten quite thrashy and full of abusive comments. I guess the giddy price there has attracted all sorts of characters.

I moved out of Comfort wholesale after comparing the recent qr eps of Comfort (2. 8 sen) vs Careplus recent qr eps (6.7 sen). So performance per share, Careplus is actually out doing Comfort by 3x. Been riding the Careplus horse since 2.40. Not wanting to put off the Comfort supporters here (I was one myself too) but you can't argue with earnings numbers. Thank you Comfort for making me significant money but it's time to bid farewell.

This is a common game. IBs all over the world practises this. Retailers who panic during an artificial press down will be collateral damage.

Kakibulldogs, you took the words out of my mouth lol. But good summary.

jamiee Hi Powerplay666,
"Careplus is a Supermax 2 in the making based on biz model and expanding production lines. "
Can you explain more on this？

Thank You~
10/08/2020 6:59 PM

@jamiee, same OBM model which can take advantage of premium ASPs unlike some other gloves who are only OEM. Current capacity of 4 billion will reach 6 billion by end of 2020 and will increase to 8 billion in 2021. Fully owned subsidiary in Brazil which has one of the highest covid cases in the world now.
6.7 sen eps in the last quarter outperformed Comfort eps by 3x. 2 more record busting quarters will see them at fy20 total eps of estimated 28 sen. (supermax total year eps ard 40 sen). JV with Ansell will make them into a world class brand for gloves. I can go on but these are the main points.

Careplus is a Supermax 2 in the making based on biz model and expanding production lines. . As I mentioned before, this is the most undervalued glove stock right now. The panic sellers today will be kicking themselves.

Victory015, your calculations are not far from mine. But too conservative if we look at the pe ratios for the 4 Heavenly Kings. It should be closer to rm20. Plenty more upside for Careplus!

If there's any cap, it will drop only for 2 days max and will help shake off the short term punters. If you are holding, you needn't worry. Look at the Comfort and Supermax stocks. Both went through a few caps and retracements over the last 3 months but look where they are now.

Johngenting, your question is too general. Bigger in terms of capacity, earnings or what? Institutional Buyers look primarily at qoq earnings growth for clues to the future growth potential of the company. If you look at the previous qr earnings for the 3 companies, Comfort recorded 2.8 sen eps, Ruberex was at
3.67 sen eps while Careplus came in at a record busting 6.7 sen eps. Matter of time before the Careplus share price catches up with Comfort and Ruberex or might even surpass them. The numbers don't lie.

Glove companies will show record earnings growth for the next 12 to 18 months regardless of vaccine or no vaccine as the order books are full until 2022. Even after a vaccine is introduced, the continued practice from now on would be to wear gloves, dispose and wear a new pair the next day.

Synchun, pe ratio is based on how much investors are willing to pay for a stock based on future growth expectations. They tend to be sector based. For stagnant sectors eg construction or banking, pe ratios tend to be much lower. For growth sectors like gloves and technology, they are be easily in the 40 to 50 range. An example like Amazon trades at pe ratio of close to 150. Its all about investor confidence in a sector and its willingness to buy based on the future growth. .

Batfly Eps for qtr2 is 6.7 cents.. Assuming eps for 4 qtrs is 6 cts x 4 is 24 and PE od 30..Hence TP should be Ram7.20, if PE is 20, TP should be rm4.80..So great counter to buy..
31/07/2020 12:52 PM

Good analysis but slight correction.. Q1 only recorded 2sen eps. With Q2 at 6.7 sen, we can safely assume 8 sen for q3 and 10 sen for q4 based on increasing mom ASPs. It could be higher as increased prices has no bearing on costs as its pure profit. Therefore, should be conservatively looking at fy20 eps of around total 25 sen. Based on pe of 30, Careplus should be at RM7.50. Using a more aggressive pe of 50 which seems to be more appropriate for gloves based on current prices for Harta and Kossan, we are looking at fair price of RM 12.50. We haven't even taken into account the fact that Careplus has bought their Brazilian subdiary in full recently which will bring in even higher revenues and therefore higher profits. This is the most under valued glove stock right now. The IBs will gobble this up in buckets over the next few weeks. Pile in next week if you have not done so yet and set up your financial freedom for life. Just my 2 sen.

Accurate prediction *winks*


Powerplay666 Inside hands are prepping for another upward push again after taking a 1 week breather.
Q2 qr is expected in few weeks so it's timely and building up steam again.
15/07/2020 6:29 AM

lau 9639, this off market price of 20 sen was agreed upon a couple of weeks ago when the market price was around 20 plus sen. Its normal to offer to a large buyer at 10 to 20 % discount to the market price. It looks cheap now because the price has risen since then. If market price had dropped since the deal was struck, it would seem like the buyer got it expensive. So you can't have it both ways. This is normal in the corporate game.
That aside, the volume picked up considerably yesterday around afternoon time which is their favourite time to operate. Inside hands are prepping for another upward push again soon after taking a 1 week breather.
Q2 qr is expected in few weeks so it's timely and building up steam again.

Temporary collection is healthy. If you panic sell, then you are a pure speculator. Good luck to you. If you don't need to cash out for baby milk etc as someone else mentioned, then hold on for the ride. Rebound will happen very soon.

Today there was a concerted effort by the IBs to sell down the glove shares and then announced margin capping upwards after 5 pm to bring the price back up after. Hence they collected heavily at the dropping prices and made a nice tidy profit in the afternoon when it picked up. This will explain the sudden drop today for gloves and also contributed to the temporary fall for Asia poly. Very unethical but this happens with most IBs everytime.

https://klse.i3investor.com/m/blog/gloveharicut/2020-07-07-story-h1509797953-Cimb_revised_capping_for_gloves.jsp

BetterTomorow, cmon bro, you should know me better. I'm holding from 13 sen and I wouldn't dream to sell at these prices. Tp 80 sen to RM 1. Will sell half then and ride the rest to the future play.

BetterTomorow, Powerplay dump all just now!?

Happy to see the price go up. Analysed this several weeks and shared with brothers here when it was 13 sen plus (although I tracked it from 7 sen but didn't take action then). Won't be here much from now on as this counter has already caught the attention of everyone so my job is more or less done. Let's all make serious money together!

Harry, you won't be by next week.