Speculatively Taann results will follow their counterparts, YoY drops and QoQ slightly improved. If Taann can maintain 15sen dividend, share price may be supported. Speculatively agian share price may break 3.85 if palm oil price cross 4000, with USD and yield continue to strengthen, chances are there. All eyes are on Jackson Hole's Powell tonight. Basically Taann is just a dividend play..right?

Thanks Pinky for detailed explanation. hopefully short term 0.88- is coming.........

Why there is 19830,000 add to the profit? Anyone expert in accounting please help to confirm the source. Is it tax refund?

Agreed MA20. RSI divergence occurs from 24th May till 8th June, small rebound is warranted

https://paultan.org/2023/05/02/2023-proton-x90-will-be-officially-launched-on-may-7/
Potentially stimulate share price if good news released?

Thanks Calvin for partial answering my question. Overall including balance sheet is Taann better pick comparing TSH?

Hi. good morning, anyone can enlighten me, how much % normal contribution from TSH indonesia plantation? Is lower QoQ results purely due to 3 weeks Indonesia export ban from 28 April 22?

Soyabean price isgoing to break previous height, palm oil will follow tightly

Aiyo. Policy U-Turn again. this time Jump 3 days?

Hi, SmartM, your view of resistance 2.05 is correct. What are next resistance after 2.05?

Thanks for your posting. Why I only see resistant at R1 @2 (MAV20), R2@2.13(top of bolinger band), MAV50 and 100@2.29, R3 @2.37?

With the help of healthcare index, KLCI target 1600

I find it is true, posted by SmartM.
https://www.facebook.com/101072062243997/posts/101091622242041/
Check 5 days Topglove competitor share price. https://finance.yahoo.com/quote/300677.SZ/

I find it is true, posted by SmartM.
https://www.facebook.com/101072062243997/posts/101091622242041/
Check 5 days Topglove competitor share price. https://finance.yahoo.com/quote/300677.SZ/

Thanks. Technical rebound is expected as BM healthcare index is forming double bottoms.
https://www.facebook.com/101072062243997/posts/101091622242041/

6 month loan moratorium....would banks blood bath tomorrow? Which index can cushion the fall tomorrow?

wah paktua, the bookmaker read your post, close at 4.23

Tomorrow 4.17. healthcare index double bottom 2872-2883

It is shameful to have petition of stopping RSS temporary . RSS is needed as a process of check and balance. RSS can prevent retail investors from buying overvalued. However, slightly undervalued glove counters should be due for a strong technical rebound soon

pivot piont 2.01. Should stay above 2.02 after bookmaker collect enough shares below 2

Technical rebound in the brewing. Target 2.73.

Germany Frankfurt Topglove up from 5.50 to 5.70 Euro. Volume very low.
https://markets.ft.com/data/equities/tearsheet/summary?s=5OU:FRA

A technical rebound due to oversold. Reduced profit meet expectation. To monitor if can rerun to midium term uptrend line at 4.90+.

Commodities up cycle toppish. Any rebound is for you run for your life ya. Sorry for pouring cold water. Next month finance sector still have a chance to rebound ya

JP Morgan report possible went wrong in estimating decreasing ASP too soon and too drastic.
(US CBP estimation of ASP is higher. Please refer website. May 4, 2021- 3.97 million nitrile disposable gloves were seized.
The estimated value of the shipment was $518,000.That means Topglove nitrile glove is about USD130/1K.
May 12, 2021-4.68 million latex gloves.The estimated value of the shipment was $690,000. That means Topglove latax glove is about USD147.44/1K
May be they didn't estimate each vaccination may need 1 pair of new glove. The report may not estimate many country especially 3rd worlds suffering increased cases of Covid-19 and usage of gloves.

Target price of RM 3.50 even Rm2.50 may be reached after US reverse unlimited quantitative easing and KLCI drop to 1000

Wave 3 looks like in the process of forming. Chance of returning to average price at MAV200 is bright with current month high ASP and record profit. Target RM7.50

Glove companies remain highly profitable in May.
May 4, 2021-
Topglove's 3.97 million nitrile disposable gloves were seized.
The estimated value of the shipment was $518,000.That means Topglove nitrile glove is about USD130/1K (=RM53.50/100's/box.)
May 12, 2021-4.68 million latex gloves.The estimated value of the shipment was $690,000. That means Topglove latax glove is about USD147.44/1K (=RM60.45/100's/box. Why so expensive? Premium grade?). Any comment?

May 4, 2021-
Topglove's 3.97 million nitrile disposable gloves were seized.
The estimated value of the shipment was $518,000.That means Topglove nitrile glove is about USD130/1K (=RM53.50/100's/box.)
May 12, 2021-4.68 million latex gloves.The estimated value of the shipment was $690,000. That means Topglove latax glove is about USD147.44/1K (=RM60.45/100's/box. Why so expensive? Premium grade?). Any comment?

what was discussed?

Harta results actually good, it defer the profit to next quarter. Excuse are shipment delay that cause increased inventory in the report. If you add back the inventory to the revenue, you may see the real picture

If results below expectation, or no good dividend declared, share price will drops lo. Kossan is example share price up when results beat expectation

Reverse thinking: no speculative buying of shares before results announce shows low expectation. Once good results announced above expectation, supermax may lead all glove counters to do a reversed ABC.

Technically double bottoms found. MACD crossed Signal on 1st Nov. Fisrt target MAV 200 at 0.95, awaiting delayed National Housing Policy to be announced

Back to fundamental prospect: what is the projection of long steel consumption in next 10 year for potential one million houses? (Meanwhile, Lim said agreeing to the scheme was a risk worth taking in the effort to fullfill the promise made in the PH manifesto to built one million houses in 10 years. http://www.theedgemarkets.com/article/property-crowdfunding-encourage-building-more-houses-pm).

China steel price is on the uptrend and MYR is on the downtrend. Can China steel export to Malaysia be reduced? Hope all managed to buy more at 0.60+ before release of new housing policy in near term.
http://www.sunsirs.com/uk/prodetail-927.html

Why lionind trading volume higher since July? Higher free float? Why?

Today looks like hammer again...with Dow Jones managed to bounce back from 25200......

Higher low..........

Invisible hand quickly sapu prices below 0.95.

Consolidation today.... Rebound tomorrow or Friday?

Prepare bullet buy below 0.95 for budget announcement. buy at your own risk.

Bad  news

(1) Annoucement delayed. National Housing Policy 2.0 completed, pending cabinet approval


http://www.theedgemarkets.com/article/national-housing-policy-20-completed-pending-cabinet-approval


(2) China scraps blanket winter output cuts for heavy industry

https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSL4N1WD1TP


https://www.google.com/amp/s/www.cnbc.com/amp/2018/09/28/reuters-america-column-chinas-shift-on-winter-smog-rules-rattles-steel-markets-andy-home.html

Tomorrow is a good day. Just sit down and watch the profit run. Don't chase...

FBMScap index (currently 14385) crossed signal 2 days ago, appear to test mav200 i.e. 15000 pionts in near future. FBM70 and FBMKLCI MACD still below signal, looks like small caps may have a relly in October

It is good to see red red today because it is T+4, time for short term invester to buy. MACD already crossed signal 2 days ago.

Seems that MAV200 1.063 will be challenged and taken away, that means MACD may cross signal, RSI neutral, Stochastic neutral, it is perfect timing timing. Once crossed, day trader may enter in a big way...

Hope Sifu KYY is right for above comment. Yesterday macd haven't crossed signal. With double bottom formed above 0.85, I believe lionind macd may crossed signal next week same as fbmscap index , next resistance will be 1.06, coincidently it is mav 200. Further resistance is 1.12 (upper edge of Bolinger band) and 1.18 (lower edge of uptrend channel since 0.625). Buy below 0.95.

lionind MACD may cross signal today. Once crossed, short term uptrend may be seen. Buy below 0.95 and again don't chase.

It is about time for Fbmscap index MRCD to cross Signal, so as Lionind. China steel price is going to challenge all time high in near future. (Steel increased 49 Yuan/MT or 1.09% to 4,541 on Tuesday September 18 from 4,492 in the previous trading session. Historically, Steel reached an all time high of 4780 in September of 2018 and a record low of 1750 in February of 2016.) Above is purely on speculation. https://tradingeconomics.com/commodity/steel

If mother really 6.5, C37 may touch 0.20. Currently at 0.155, Premium =0.0802; if premium still 0.08 when mother 6.5, C37=(0.08X6.50+6.50-5.80)/6=0.203. Buy at your own risk