Top Glove Trading at FY21 P/E of 11x Only; Maintain BUY

•Massive earnings explosion in the coming quarters will throw brokers’ forecasts out the window. We raise our Top Glove's FY20-22E EPS by 37%/180%/18% as we impute for ASP hikes and spot orders until 1QFY21. We highlight that our FY21E EPS is still conservative as we impute for zero ASP hikes and zero spot orders from 2QFY21.

•Post-earnings revision and pegging at a lower CY21E P/E target of 23x (from 30x; +0.5 SD to 5-year mean), our new Target Price is MYR20.00 (+83%, from MYR10.95).

•Top Glove is our top pick.

Correct.

Coming !

Quick, faster buy some n keep for profit.

At low dirt chip prices, no one can corn U lah !

Today is also painless when we masuk at low prices.

Buy red

Sell green

Glove demand n usage is ALWAYS growing non stop throughout our world with or without covid-19.

Just buy some now n see later.

Just buy some when it is chip.

Buy some.

Today correction may be the LAST opportunity to masuk for those who

missed the boat$$$ earlier.

ALWAYS remember the only game in town which can WIN OVER covid-19 is

HEALTHCARE STOCKS ONLY.

Freezing of Upper Limit for ADVENTA (7191) - 2 June 2020


Please be informed that the Upper Limit Price of the following counter will be maintained as below in accordance to the Rules of Bursa Malaysia Securities, Chapter 8.13 (5) TRADING and Trading Manual Chapter 5 Trading Status (5.4) Freezing of Price, due to the counter trading at Static Limit Up prices for two (2) consecutive trading days:

Stock Short Name/Code Upper limit
ADVENTA (7191) RM2.28


Announcement Info

Date Announced 01 Jun 2020
Category Special Announcement
Reference Number ISA-01062020-00006

Now confirmed as Genuine News.

Fake news ?

U are doing great !

Congratulations !

A rising tide lifts all boats !

Mkt now is in bull run.

All golden rules of investing are suspended now for the time being !

In a research note today, Maybank Kim Eng analyst Lee Yen Ling wrote that “massive earnings explosion in coming quarters will throw brokers’ forecasts out of the window”.

Lee has raised its target price of Top Glove to RM20, implying a 49% share price increment from the current price of RM13.38 amid expectation of higher average selling prices (ASPs) and exponential growth on glove consumption worldwide.

Just follow your guru ttb n buy Biohldy n U will make tons of $$$$ !

The whole world needs gloves to fight against the powerful covid-19 !

Glove counters .... grossly undervalued !

Supermax Corporation Bhd's market cap jumped by more than four times or RM8.02 billion to RM9.8 billion — which propelled its market cap ranking to 34th place from 123rd place at the beginning of the year.

Congratulations to Supermax ! Keep it up.

The Genting casino crowd are now playing in our Bursa ?

Bcos our Bursa now got very very heavy vol n value.

And going inside KLCI are QL n TM ?

UP !

Our Bursa also UP !

Going OUT from the KLCI soon ?

A good technology counter ?

Post covid-19, all people will adopt n use technology in their business models ?

At bottom prices, collect more n hold for long term, sure profit this way ?

Eduspec is bouncing at bottom prices lah.

Why get out at bottom prices ?

No wori, just keep on playing in the mkt for enjoyment while staying at home bcos foreigners oredi playing in our KLCI Futures.

Chairman Datuk Muhamad Umar Swift said the new FKLI contract all-time high recorded yesterday surpassed the previous record of 61,429 contracts registered on Oct 29, 2019.

“As we continue to build upon the strong momentum achieved last quarter, I am encouraged to see growing interest of foreign institutions which accounted for 80% of total trading volume.

U see, all got tons of fun playing the low liner stocks !

Low liners are for us to main main for fun.

Just buy some low liners n main main for entertainment !

No wori.

Covid-19 is most powerful, can push up all healthcare stocks to the SKY !

All low liners are main main stocks lah.

Just buy some n main main while staying at home to kill boredom lah !

Oredi guaranti all healthcare counters will be all time high bcos they are supported by covid-19 !

All healthcare counters ... MASUK !

If Nexgram got covid-19 business, how come Nexgram is cold like ICE ?????

The clear loser is the poor rakyat who are now food eaten by the mkt bear !

Last Friday (May 15), RHB Research upgraded its rating on GDEX to “buy” with a target price of 40 sen, with stronger earnings prospects in FY21F-22F seen, due to heightened demand from the e-commerce space.

GDEX's target price = 40 sen

Go for it !

Get in fast !

The boat$$$$ is going to leave.

Don't be left behind !

Low liners coming ?

Go for them n play play to get more fun while staying at home !

No bet against healthcare stocks bcos they are solidly supported by covid-19 !

Coming ?

Lockdown got affect EAH's business or revenue ?

Gpacket ... a cornman counter ?

ARBB ... 2morow coming bcos got business partnership ?

qqq, congratulations for your striking of the largest gold mine in the mkt in Supermax !

Mkt so very bullish, U close eye, throw a stone, also can hit a gold mine now !

Buy red

Sell green

All glove counters are supported n pushed up by covid-19 !

The current new born bull is just slightly over 2 mth old.

Just imagine U got trappppp until now in glove counters some weeks back !

2nd wave coming.

Onli healthcare stocks can fight n win against covid-19 !

ARBB ... a growth stock.

Just buy n keep.

Promotion no required !