ahfad we celeberate. The others will join the bandwaggon now !!

see the sudden spike. It will break 17 today

Yesss HLT is shooting

It is slow but will spike suddenly then you cannot catch it.

Temporary weakness. Should be back to 40 sen by close today.

The profit taking should be over soon. It will then move strongly towards R2 ie. 48.5

First resistance at 1.60 will be taken out today with increasing volume. After that it will be plain sailing towards 1.74

YES GOT NEWS ....

Sinoboy, all glove, mask, ppe and hospital equipment suppliers etc are looking at ALL TIME HIGH. it will happen if not now then within a few weeks. so get invested.

Tang thats a very good observation. most people are missing it. Pl look to the next Q result which includes Mar & April which are boom times for Es ceramics. Next 6 months will be fantastic business for Es ceramics.

Posted by limitupupup > Apr 29, 2020 11:12 PM | Report Abuse

cut loss and move to other gloves stock is way better than staying here. Rotten with cash depreciation!

GOOD IDEA. COME AND BUY HLT U CAN MAKE MONEY IN 2 DAYS

Posted by vjleo1138 > Apr 29, 2020 8:43 PM | Report Abuse
Tomorrow panic selling

Yes vjleo1138 we are sorry that you panic when you see the price shooting up tomorrow,

I am collecting all the way from 12.5 sen but sold some at 16.5. Today accumulated some more at 15.5. After forced selling the uptrend will continue.

The weak holders are out. The 2nd wave starts tomorrow. Cheap entry for a promising stock.

Please read the Quarter result. QoQ is down but YoY Profit increased by 212%. Its a good result. The coming quarters will very good with the glove sector booming. Its time to accumulate now.

Game over.

1.33 will be easily surpassed.

Game over.

That is old news, This counter has the potential to move higher as it is currently underpriced.

you cant get cheaper as profi taking is almost over. I would suggest you enter now.

Es Ceramics will follow the rise in Glove counters.

HLT will follow suit.

KUALA LUMPUR (April 29): Shares of glove makers are poised to rise further despite having outperformed the FBM KLCI by 57.8 percentage points year to date, according to Affin Hwang Capital.

The rubber product sector has gained 43.9% in stock-price performance so far this year but the firm suggests that it is “not time yet” to cash in on the stocks.

“Demand for rubber gloves continues to surprise us on the upside, as some manufacturers have locked in orders until the end of 2020,” it said in a note today.

“Apart from the strong demand, the recent decline in oil prices could also lead to lower raw-material prices, which is beneficial to the sector,” the firm added.

Affin Hwang has maintained its “overweight” rating on the sector and “buy” call on Top Glove Corp Bhd and Kossan Rubber Industries Bhd with higher target prices of RM8.70 and RM7 respectively.

According to the research house, demand for rubber gloves continues to grow as more countries are affected by the Covid-19 pandemic.

Although manufacturers have increased their utilisation to above 90%, the firm said it is still insufficient to satisfy the spike in demand.

“This has allowed some manufacturers to lock in sales until the end of 2020, which came as a positive surprise to us, as we had previously assumed that demand would normalise by the third quarter.

“We believe that there is also a high possibility that manufacturers will continue [to] increase the selling price by another 5-8% for the fourth quarter,” it said.

Affin Hwang expects the low oil price to result in lower rubber prices for the next few months, citing a correlation between the price movement of the former and that of latex and nitrile.

It said manufacturers will likely hold on to the margin gain from the lower raw material prices, pointing out that latex and nitrile make up about 40-45% of costs of goods sold.

“Apart from the margin-improving price increases and the drop in raw material prices, the weakening of the ringgit could be another positive catalyst for the sector, as close to 100% of its sales are in US dollar.

“As the vaccine for Covid-19 is still being developed, demand for personal protective equipment, like gloves, will continue to sustain. We are also revising our estimated earnings growth for the sector to increase by 21.5% from 15.6% for this year,” said the firm.

Affin Hwang has maintained its “hold” call on Hartalega Holdings Bhd and Supermax Corp Bhd with higher target prices of RM7.70 and RM2.20 respectively.

KUALA LUMPUR (April 29): Shares of glove makers are poised to rise further despite having outperformed the FBM KLCI by 57.8 percentage points year to date, according to Affin Hwang Capital.

The rubber product sector has gained 43.9% in stock-price performance so far this year but the firm suggests that it is “not time yet” to cash in on the stocks.

“Demand for rubber gloves continues to surprise us on the upside, as some manufacturers have locked in orders until the end of 2020,” it said in a note today.

“Apart from the strong demand, the recent decline in oil prices could also lead to lower raw-material prices, which is beneficial to the sector,” the firm added.

Affin Hwang has maintained its “overweight” rating on the sector and “buy” call on Top Glove Corp Bhd and Kossan Rubber Industries Bhd with higher target prices of RM8.70 and RM7 respectively.

According to the research house, demand for rubber gloves continues to grow as more countries are affected by the Covid-19 pandemic.

Although manufacturers have increased their utilisation to above 90%, the firm said it is still insufficient to satisfy the spike in demand.

“This has allowed some manufacturers to lock in sales until the end of 2020, which came as a positive surprise to us, as we had previously assumed that demand would normalise by the third quarter.

“We believe that there is also a high possibility that manufacturers will continue [to] increase the selling price by another 5-8% for the fourth quarter,” it said.

Affin Hwang expects the low oil price to result in lower rubber prices for the next few months, citing a correlation between the price movement of the former and that of latex and nitrile.

It said manufacturers will likely hold on to the margin gain from the lower raw material prices, pointing out that latex and nitrile make up about 40-45% of costs of goods sold.

“Apart from the margin-improving price increases and the drop in raw material prices, the weakening of the ringgit could be another positive catalyst for the sector, as close to 100% of its sales are in US dollar.

“As the vaccine for Covid-19 is still being developed, demand for personal protective equipment, like gloves, will continue to sustain. We are also revising our estimated earnings growth for the sector to increase by 21.5% from 15.6% for this year,” said the firm.

Affin Hwang has maintained its “hold” call on Hartalega Holdings Bhd and Supermax Corp Bhd with higher target prices of RM7.70 and RM2.20 respectively.

Be patient and wait another 3 months.

Good stock to lock up and keep. It will only move with rise in crude oil price. Until then be patient.
Accumulate on weakness.

John, why compare when business is booming in this sector now. Wrong comparison Johnny.

EPF got more to sell !

Game over

BRENTIS 23.1 NOW

today profit taking on much lower volume. Uptrend will resume tomorrow.

cut all the crap. We just bother about our ICE CREAM

It just started moving yesterday on very high volume - today mild profit taking - can hold as this stock is undervalued.

down to 17.5 then rebound to 20.0 - rebound to continue in the afternoon.

yes doing 0.16 ....... rebound is on.

yesssss rebound is on

0.15 nice price to re-enter

This stock started its uptrend yesterday with explosive volume. It has several legs to go. TP for today is 0.185

TP for today is 0.38 which can easily be attained. Happy trading.

Lets be realistic. Mild resistance at 42.5. Once cleared next level is 47.0 - the TP for today.

Get ready for wave 2 . Now is the the time to accumulate.

Tomorrow strong upside movement will take place.

it is just taking off ..... safe to enter ..... will reach new heights in waves. This is just the first wave.

immediate target is 0.60

We dont goreng. We study the counter and realize that with the huge demand it is underpriced coz future profits will also be huge. Afternoon we will see another spike in prices. Can reach 52 sen easily within a few days.

All regional markets are up. This counter has rested for 2 days and is ready to continue the uptrend. Once profit taking over it should resume the uptrend and break the 1.00 barrier soon.

All regional markets are up. This counter has rested for 1 week and is ready to continue the uptrend.

time to accumulate quickly before next upleg

This laggard hospital equipment supplier has finally started moving. This is only the start, catch it before it shoots.

WHAT SO BRILLIANT. Everybody knows gloves in demand