Cakes moonn please don't waste your hard earn money on a hatchback. Hatchback is what spoilt rich kids drive. Target for CLA 200 at least or 3 series now got food deals. You can do it!

I'm not persuading anyone. Just want to hear ideas.

One of the requirements in distributing covid 19 vaccine will be storage and cold/ freezing temperature. Wil superlon be the beneficiary of huge demand for insulation products and refrigeration system?

https://www.euractiv.com/section/coronavirus/opinion/the-biggest-challenge-for-covid-19-vaccines-is-the-cold-supply-chain/

Thanks for sharing about the tp rm4. 16.

If you look at tother renewable players, their PE is much higher than 20.Kpower has a chance to beat rm4. 16 if you consider the global reach of its management and connections with serba dinamik

I've taken the liberty to translate that post using Google and find the source article : https://www.chinatimes.com/amp/newspapers/20201008000272-260204

With the pace of the government's new southward policy, the Global Microgrid Technology Company (GMGT) under Lycee International has focused on solar energy in the first phase, and has deployed Malaysia, Thailand, Vietnam, Indonesia and other countries. Among them, the well-known Malaysian group KPower took advantage of this business opportunity and signed a NT$3 billion memorandum of cooperation with GMGT to prepare to build a more complete microgrid. GMGT stated that it will formally sign a contract with KPower Investment Group on the 23rd.

　GMGT operations will lock in wind, hydropower and geothermal projects, and plan to integrate investors and various types of microgrid power generation in the most suitable places in Southeast Asia. In Taiwan, it plans to cooperate with major energy storage manufacturers to enable Taiwan-related manufacturers to become the global renewable energy power generation supply chain.

I think weak performance due to non shariah compliant... Institutional funds cant drive demand.. Is the company in process of getting shariah compliant?

You see econframe, shariah compliant and did very well on ipo.. They making door.. And only have 2pc of market share kakakaka.. Unless is very special door to heaven?

OTHERS Proposed share buy-back authority for the purchase up to ten percent (10%) of the total number of issued shares of the Company

Today announcement

Please refer to TEXCHEM RESULTS might be indicative if the direction the bigger and better luxchem is going this q3

MOU with who? What is the nature of it

@jackgruit History will show that however many years back the ASEAN countries were not developing as rapidly. Now SCG stands to gain from exports to asean countries in the years to come. To achieve that they going to use the funds from IPO to expand

really dont have QR to comare? All company going for IPO must release prospectus

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3091751

Revenue 2016: 470,656,000
2017: 595,694,000
2018: 683,199,000
2019: 656,687,000

GP 2016: 41,573,000
2017: 52,566,000
2018: 65,228,000
2019: 67,222 ,000

PBT 2016: 20,186,000
2017: 25,052 ,000
2018: 33,132,000
2019: 39,324 ,000

According to historic earnings PE is 7.1x


I think share price is not strong yet because not Shariah compliant yet hence Shariah compliant funds not pouring in yet.. it will take time eventually will get Shariah status. I will be patient

uncertainty 93, Based on their prospectus they have more higher GP magin products than Scable. For example their control and instrumentation products are quite specialised and are being used in Petronas Pengerang integrated complex. The management team is also more competent and seasoned. They are able to secure some of the raw materials they need by going vertically into PVC manufacturing.

Hope others can share their thoughts

alot of upside thankfully did not open like samaiden. look at samaiden today...

Meanwhile UK reporting 22k cases. Some of it is counting backlog

https://www.thestar.com.my/news/world/2020/10/05/uk-records-22961-new-covid-19-cases-as-total-surpasses-500000

Thank you all those who advised to hold.

Like Beyonce said: your gloves got me looking so crazy right now yeah your gloves got me looking so crazy right now

What do you think of RHB TP of rm 5.70 for Comfort. This TP takes into account vaccine risk by computing ASP at 30% discount to current market price.. Seems fair? The upside here is 46%

https://www.theedgemarkets.com/article/rhb-research-raises-target-price-comfort-gloves-rm570-expects-stronger-results-3qfy21

https://www.thestar.com.my/business/business-news/2020/09/25/hartalega-likely-to-benefit-from-nitrile-glove-shortage

Nitrile glove shortage. Comfort is specialist in nitrile product. Will they benefit like HARTA?

In light of political uncertainty over the weekend, I guess it's a good thing that much of kpower contracts are from overseas?

With this political uncertainty, are gloves seen as a safer place to invest?

8 dragon. Is that due to his management of the company or what. Any examples you can share?

can iStone be the next UWC? UWC net profit up 85.1 %. Both companies share similar activities.

yea agree. I also think some retailer thinks that glove Average selling price will affect luxchem which is not the case.

Share buyback may have caused the price to move today. Check on klse screener under announcement section

Apple has asked suppliers to prepare for 75m to 80m iPhones. Bullish sign for tech supply chain?

https://www.straitstimes.com/business/companies-markets/apple-preparing-75m-5g-iphones-later-this-year-in-bullish-sign

Could be reacting to Apples positive forecast and strong orders of 75m iPhones

https://www.straitstimes.com/business/companies-markets/apple-preparing-75m-5g-iphones-later-this-year-in-bullish-sign

Has the market priced in the latest QR result? Given that q3 will see an uptick in business.

Anyone know who is the customer for the portable device.?

https://www.theedgemarkets.com/article/defensive-mode-likely-bursa-malaysia-next-week

If defensive theme is in play thid week hopefully kpower will get some attention as it has strong earnings visibility with 2bil contracts secured.

S&p500 closes at record high. Wonder if sentiment will spillover into bursa..

S&p500 closes at record high. Will sentiment spillover to other markets?

I'm not saying this cos I want share price to up or whatever. I sold All comfort at few weeks back. But yea this fear of vaccine is really strange. Glove demand won't disappear. Whoever r pointed out that to administer billions of vaccine, ppl need to wear gloves, I agree.. Even to manufacture need to wear gloves.
If one day cure for HIV found,will yall f**k without condom? I hope not cos there are many more diseases just like there are many more virus in this world. But perhaps this vaccine is a wake up call to the high valuations.. It definitely does not mean demand growth will slow..

On the BFM interview, CEO mentioned book to Bill ratio of greater than 1 for distribution and 1 for manufacturing. Also talked about providing automation solutions for customers in production. This is similar to what GREATEC does, and their net profit surge 63 % based on today's QR release... Qes has good GP of arnd 20 25 percent or maybe more in the future as these are high value added products

I have been invested in this counter since April 2019 at rm0.23.i sold too early yesterday at 0.34 hoping to buy back at lower price. I really believe in their business but I guess the market believes in it more. Net cash company with niche specialty focus in automated optical inspection. I didn't expect to touch 0. 4 so soon!

Yea, PE is only 26 which considerably lower than other tech stocks arnd mid 40s. Based on article in The Star, MMSV has net cash of 22mil in cash which can cover their operations and working capital for 2 years plus

Tlim11. Noted haha it is all in out best interest to do that. Any Technical analyst pros here can advise similar pattern as 28 May and 29 May forming? That would be awesome if tmrw like 1st June

Am invest fair value /TP seems to be way off from market value. They put FV of Qes group (0196) at 16.5 sen. It last closed at 27. 5sen

Seems like there are people collecting at 0.295 and 0.3. Ticket for Monday?

Volume was 2.1 billion... Let's see I guess

I bought again at 0.31 yesterday cos saw strong buying action. Hope it will test 0.4 today

Birkincollector thanks for the advice. But I'd like to point out the music stop for Anzo only after rising from rm0.04 to rm0. 24. Nothing impossible when the DJ got people falling in love again ;)

This counter announce good news when everyone else is anxious. Let's see if Mr Market will continue putting a scarcity premium.. I was late for the dinner party but maybe got after party also?

420 GET HIGH. YEE HAW!!

HONG LEONG IB TP raised to RM 9.84... lets see if Mr Market agrees :)

https://klse.i3investor.com/blogs/hleresearch/2020-07-17-story-h1510579271-Bursa_Malaysia_Strong_2Q_results_incoming.jsp

Tmrw once system back online, everyone gonna resume trading on BURSA itself. It's a reminder of their monopoly. If your house kena blackout you still going to get electricity from TNB. unless u pandai install solar Panel or hv Tesla cybertruck with solar panel ontop..

Those spreading fear about vaccine don't make sense to me.. It is not time for vaccine yet. Even once vaccine is ready, the demand for gloves will increase as those involved in Large scale production and bottling of vaccine will need gloves. Also those distributing and administering /injecting people across the ENTIRE WORLD.. Demand for PPE unlikely to taper off. Hence long term view are still intact

Mf, where you get that info from? . Rhb TP IS 4.80 yesterday.

https://www.theedgemarkets.com/article/rhb-upgrades-comfort-gloves-buy-raises-target-price-rm480

Got u turn in their TP ke?

Recent news Singapore GDP contraction is wake up call to other Asian retailers. Money will flow into safe haven like glove stocks.. for lack of other safety...

Same pattern as 22nd April and 29th May. I guess first,second and third time is the charm!

To all the TA people, I am not really TA person but what I see is the same pattern forming as 22nd April and 29 May. Anyone can concur pls concur ? break out from bollinger area? If thats this is repeat of those 2 dates, will see big gain in the following days.

I agree with Michael it is a healthy price correction. Its not those who bought at rm 4 cutting loss.. It is the people who bought at rm 2 or even 2.50 who are taking profit. Every additional few sen to them at this point don't make a difference. Perhaps shud share some of their profit with rr88 so he can buy a bidet or hose so he can stop wiping his ass with gloves..