50 cents is a fair value for LKL ( this is after glove hype taken into account). Topglove and supermax are the real deal. LKL Overpriced stock even at RM 1.

Those know wont hold long long. Buy and profit 20% and run hahaha.

So far TG is the least "overvalued" stock compared to the rest of the glove and healthcare companies.

Post removed.Why?

History in the making. My popcorn ready.

Gogo. 1st chinese company to overtake maybank.

@salamsaham

What nonsense? It's a forum here. Anyone can say whatever they want as long as it follows the guidelines of the forum. You sir , got triggered by my negative sentiment on this stock. If you cant handle the negative opinions here, how r u gonna handle the decline in share price of LKL???? Hahaha.

It's weird when TG, kossan, supermx and harta are making real profits while LKL only makes small profit is following the rally. LKL is a real big bubble for sure with a PE of 92.

Bursa de casino.

Salamsaham

Shouting ???? Haha. U cant even think of any right words to form your sentences. Go back to kindergarten.

5 more billion. TG gonna win maybank

If this company crosses RM 2 ( Good luck with that lol ), can ask bursa change LKL category from healthcare to technology.

To @salamsaham

i will not buy this stock at 1.5 lol and never will at any price because this company is just bad(cant even produce a decent profit margin in covid season)and way overpriced ( just read my previous comments why it's overpriced). It rises up today due to private placement. Those who say LKL balance sheet is strong need to read twice. The reason why they opt for private placement instead of borrowings because LKL is already in so much debt and lacks cash.

Did you know that private placement is often done when a company has bad fundamentals? LKL is one of them.

LKL will be in a bad position in less than 2 years time when vacinne is fully available across the globe and demand for gloves and healthcare equipment will fall like bricks. And that is also the time when LKL will have fully built their new production facilities. Do you think, at that time, LKL can fully utilize their production facilities at an optimal level without costing them a lot ?

Topglove, hartalega, kossan supermx have strong fundamentals to weather what i have said above in less than 2 years time.

Most of the people here are traders who look for quick profits. I am an investor. I invest for the mid-long term. I dont get excited by a 8-10% return in one day and shouting limit up in the comment section together with HOPE analysis.

I wouldnt be surprised if those who jump over to anwar's party are from gps and a bit of umno.

another reason why the PE of 78 is not justified. Even facebook stock is not that expensive.

Hartalega got cash to acquire land to build production line.

LKL ada apa?????? Haha

Cash is about 5mil and current liabilities is about 15 mil, long term debt 5 mil. You think LKL can expand in the near term? LOL.

If lkl needs cash to build glove production line, LKL has to borrow more long term debt, which would raise the risk of defaulting considering LKL is already owing so much short term liabilities.

@salamsaham. U dun need to spend a lot of time on a simple analysis to show this company is shit. I might as well throw my money to goreng stocks.

Mahathir probably cant sleep bcoz he's thinking that anwar might do an investigation into perwaja steel and forex if anwar bcomes pm hahaha

Anwar next pm

https://www.astroawani.com/berita-politik/umno-sedia-jalin-kerjasama-termasuk-dengan-dap-annuar-musa-182665


Already give hint liao. Why dont want to buy???????

After break sure rocket up to 35 c

Afternoooon show hold tight.

Opcom2.0

Aftwenoon show confirm

Just hold guys until tuesday. One likely scenario is zahid gang join anwar to form government becausr najib and zahid dont want to sit in jail. After forming the government, zahid gang gonna jump out of anwar's government. From then, the king will call for a snap election, which what zahid gang wants.

Rm1

RM 1 lets push it up

opcom scenario coming

All the way to Rm1

RM 1

By tuesday, if anwar bcomes pm, everyone here millionaire liao.

RM 1 on Tuesday

Not just limit up today. All the way to tuesday.

Looks like those small umno parliamentary is gonna be with anwar.. not those big shots?

High chance anwar become PM

https://www.astroawani.com/berita-politik/umno-sedia-jalin-kerjasama-termasuk-dengan-dap-annuar-musa-182665

JUST BUY AND HOLD UNTIL TUESDAY. More limit up in the few days. Gonna be like opcom kind of scenario. All the way up to RM 1.

Oh, i dun even own topglove.

my 2 cents.

Overpriced and overhyped stock. This company cant even produce a decent profit margin with a big revenue. If i m not mistaken, this company is mainly engaged in selling hospital beds, NOT GLOVES. Gloves have to be disposed when they are used while beds dont have to be. So there's no strong recurring income for LKL.

I also saw the news that LKL is venturing into the gloves business and noted that LKL has already acquired a contract to supply gloves to china. I have no idea where LKL is going to source the gloves from since LKL doesnt have a glove production line. I think LKL might build one in the future which would take about 2 years( according to hartalega director). But by that time, vaccine would already be made available and demand for gloves would drop like bricks.

It's funny that this stock has a PE of 77 and trading at around RM1 when the prospects arent that bright at all. Fair value should be around 50 cents with a pe of 40( glove demand hype taken into account).

I would rather buy topglove( PE 37) that has a better profit margin and prospects than this lousy company.

If anwar doesnt get the PM seat, NIIS annoucement will be announced soon. Stay tune!

Why taufiq keep selling? Looks like company announce news to trap oblivious investors? Could be like MMAG scenario where price pushed up to more than rm 1 and down to 30 cents in next few days

Dsonic - Hamzah(minister of home affairs or KDN) and zahid Hamidi (dsonic linked) are from 2 different political parties. Hamzah asked zahid to step down because of incomptenece before he left umno for ppbm. There's no way hamzah will give the contract to zahid linked company.

Dnex - recently awarded a gomen contract.

Ancom - through s5 ( s5 will get a small portion of the contract regardless who wins).

Myeg - Already have a lot of government contracts. Likely get a small portion of the contract.

Iris - http://anotherbrickinwall.blogspot.com/2020/08/young-politician-intermediary-in-iriss.html?m=1

Iris will get the contract. Just watch guys. Hints are very obvious before.

I guess dividends wont affect much?

I think epf lost like rm 8 mil from this on its portfolio. rm8 mil for epf is like 8 cents lol. Which is ok la..

Sniper S ...LOL

EPF now like gambling lol.

MACC please investigate sharkril lol

i q at 0.3 now. who folo me lol.

EPF dividend sure drop this year