so much volume today.

their manufacturing rev and profit are up significantly this year.

my opinion only..Their new Post bonding Automated Optical Inspection machine is catered towards AUTOMOTIVE industry chips.. Could this machine help to alleviate chip shortage by reducing cycle time?? there has been alot of news on car manufacturers facing chip shortage.

Is this true? Copied from supermax thread

JP Morgang Directors have a emergency meeting just now....Insider news...they will use all fund in Malaysia to buy back all shares number they shorted..... they need to cut losss.....congrats

Another user also mention that SC may suspend short selling again until endnof emergency in August

https://www.pelhambluefund.com/2021/01/this-fish-is-undercooked-jp-morgans.html

This is a good post about refuting JP Morgan assumptions.

At first I thought all the criticism was abit much la calling JP morgan names etc. But Im more convinced now that JPM is taking retailers for fools by producing a sub-standard bearish report.

May I know what is this bonus issue about? is it just speculation. Please state accurately. Thanks

https://www.cnbc.com/2021/01/13/moderna-ceo-says-the-world-will-have-to-live-with-the-coronavirus-forever.html

Covid here forever :/

https://www.cnbc.com/2021/01/13/moderna-ceo-says-the-world-will-have-to-live-with-the-coronavirus-forever.html

breakout from down trend, can consider moving average 20 as strong support. Any TA expert wanna concur?

Looks like all wearing gloves... I would rather believe that professionals in the medical field know what they are doing

Vaccination

https://www.youtube.com/watch?v=KsWEvH_U_2s
https://www.youtube.com/watch?v=lNYnIc94kdM

Vaccines distribution and handling also requires gloves,

https://www.youtube.com/watch?v=TQFQwSENai

What is the revenue and profit forecast for this quarter?

https://www.channelnewsasia.com/news/asia/tokyo-japan-first-day-state-of-emergency-covid-19-13919774

tokyo in emergency :/ . will healthcare theme and healthcare suppliers come back next few weeks?

there appears to be No indication of overbought? stochastic, rsi both not overbought. price cross 20MA, once cross 50MA at 2.68 may up even more.

From page 24 Aemulus 2020 Annual report. About their market..

With the establishment of our joint-venture, TMSS, we now
assign all sales activities in China to TMSS. We foresee that
TMSS shall contribute significantly in terms of sales to our
overall revenues. TMSS resides in the ecosystem of Made
in China 2025 initiatives whereby the government drives
localization of the design of semiconductor devices and the
associated equipment to make them. We project that our
Amoeba 7600 series 5G testers and Amoeba 7300 RF frontend testers shall take up the majority of the sales contributed
by TMSS. For the rest of the world market shall be contributed
by Amoeba 7600 series 5G testers, Amoeba 5600 CIS testers
and other series of Amoeba 4200 testers. Smartphones/
Tablets market shall still be dominant in our distribution of
revenue contribution.

I don't really care about day to day price movement.

All I can say is I'm looking forward to all quarterly results this year. is more exciting than F1 and the anticipation is greater than waiting for cyberpunk or even Avengers

i hope can be like MMSV haha. tech off on a good foot 2021!

0.595 good support no? trending range 0.595 -0.75 since august

sold at 0.48. may buy back at 0.45 hold mid term. i think promising prospects will come to fruition. right now just too hot to hold. must take profit abit

Break resistance, new support right

https://www.theguardian.com/world/2020/dec/14/new-strain-of-covid-19-may-be-cause-of-rise-in-cases-hancock-tells-mps

new virus strain may not respond to vaccines. Severity of illness may be the same.

https://www.theguardian.com/politics/live/2020/dec/14/brexit-covid-coronavirus-boris-johnson-uk-news-live-updates?CMP=Share_AndroidApp_Other

More cases and lockdowns in UK. Yikes

My personal opinion is if political uncertainty here persists, might as well consider keeping portion in gloves cos fundamentals remain strong. If ringgit weakens,more favourable. What do you guys think

Ringgit recovery good for raw material cost?

Solarvest would install a 2.7 megawatt-peak (MWp) PV system for this purpose, the company said in a statement.

It said the solar PV system would be equipped with Southern Cable’s in-house manufactured cables and wires, which is certified by TÜV SÜD.

https://www.klsescreener.com/v2/news/view/763417

Good for solarvest and SCGBHD

Solarvest would install a 2.7 megawatt-peak (MWp) PV system for this purpose, the company said in a statement.

It said the solar PV system would be equipped with Southern Cable’s in-house manufactured cables and wires, which is certified by TÜV SÜD.

https://www.klsescreener.com/v2/news/view/763417

Failed to breach support level 0.37 identified by rhb.. Uptrend intact?

https://www.klsescreener.com/v2/news/view/760979

https://bbc.in/37z2C0s

Another pandemic brewing??
I hope this one is just localised. My guess was Maybe due to pollution of water source. But the article says "mystery illness"

2020 is f*cked

Birx: Winter coronavirus surge is the 'worst event that this country will face'

https://www.cnbc.com/2020/12/06/birx-winter-covid-surge-the-worst-event-that-this-country-will-face.html?__source=androidappshare

What would help alot is if the news covers their solar photovoltaic electric cable product range. If you believe in the expansion plans an products you won't have to worry about the price today. I am long term but also got some on leverage haha. Bought on dip. Hope the best!

Personally as long as it holds above 0.37 I will hold. My average cost is 0.408.

TA experts, solid trend?

most people think 'buy on rumors sell on news' but the reverse can happen 'sell on rumors buy on news'. Vaccine approved..ok time to buy cos it will spur demand for more gloves. realistically who else is making 700mil quarterly profit with a cash pile of 2+ billion and ROE of >50..?

I also read that Serba will still benefit from increased output of oil due to increase machine usage and increased wear and tear of machinery

Malaysia open 19 investigations ans to charge top glove...realistically how much can they be fined? Anyone familiar with labour laws?

Thanks for sharing @muddywaters TUV SUD certication for Solar industry application is a big deal

@FELI1305, I saw the NTA in the bursa announcement page before download full report.

why price getting down? maybe because it has already gone up sharply from its low of 0.26..patience needed. down short while only i think

Dialog its closest peer trading at such high PE of 30.
is it cos Dialog has storage business? what else sets Dialog apart from Serba?

careplus factory in Senawang also had many covid cases involving workers right?

QR out today

revenue: RM 151 million
PBT: 9.7 million
EPS: 1.24 sen
NTA per share: rm 0.33

PE: 10
Price to book value 1.11

^number 5 in the letter. 'Approvals required'... MoH and pharmacy regulatory not even approved yet hahaha

Good morning fellow Malaysians..

The Employees Provident Fund (EPF) has emerged as the substantial shareholder of Hartalega Holdings Bhd, after buying 174.32 million shares or 5.09% stake in the rubber glove maker company. The block was purchased by EPF on Nov 17 (Tuesday)

Top Glove Corp Bhd has spent close to RM1 billion, buying back its own shares since September. The world’s largest glove maker forked out RM69.94 million today to buy 9.58 million shares on the open market

hmm.. Seems like faith in gloves are solid..

Found it! southern cable is supplying cables for SOLAR photovoltaic installations!! this could be BIG

download the Solar catalogue pdf here

https://qrco.de/bb8ZWQ

this could explain the huge buying interest on friday. finally SCG can reach its fair value.

If door frame or whatever door knob company can trade at PE of 55x ...think of what scg can achieve. PE around 10 only..

@JoyOhi,

bursa industrial products index PE of 16x. Using that as a reference its undervalued quite abit. current PE is arnd 10 or less.

from a growth point of view their orderbook is RM400+mil. Sales visibility til 2022. given the uncertain times we are in, investors should find this appealing. SCG are also looking to tap into the automotive market to supply control wires and cables. (time will tell if this is EV related)

Kind of regret sold at 0.375.. hoping to buy again lower but missed out and bought at 0.39.
will hold for long again. this co has strong fundamental and well managed business.

not like other IPO counter which go up crazy but only make door knob door frame or whatever.

how about solar? does anyone know if SCG products can be use for solar electricity transmission?.. that would be interesting cos alot of solar counters command premium valuations..its a hot sector

sold at 0.375. hoping to buy back lesser next week. christmas come early.

Dow futures fall more than 200 points as fresh virus restrictions raise concerns about recovery

https://www.cnbc.com/2020/11/19/stock-market-futures-open-to-close-news.html?__source=androidappshare

US 7 day daily average cases rise to 161, 000.. 26% higher than last week...
More restrictions in place

https://www.klsescreener.com/v2/news/view/755389/covid-19-rhb-says-vaccine-deployment-could-generate-demand-for-up-to-18-billion-pieces-of-gloves-a-year

after H1N1 outbreak, demand for gloves only dropped 1.3% in the subsequent years.

Looking at the chart, seems like same pattern forming ass 11th September. Hopefully tmrw can be like 14th September !
Any TA experts like to share?

Yup US alone and UK hitting record high cases

Seriously low PE right now. ASP can sustain til end 2022. What u guys thinking?

Continental hatchbacks haha