Margin financing is a double edge word. Not advisable for inexperienced plsyers

DT { US} prefer other suppliers. He is shunting China companies

All glove related counters make a u turn { due to certain banks margin cap on 6 big cap glove counters} sentiment was dragged down but Bursa lifted by sharp gains on O & G and banking stocks. Among the active list K1 was the exception with sustain buying interest.

FDA { US} approval for K1 ventilator is a big plus. K1 also distribute full range of PPE ( face mask, surgical mask ) look at their website

Share margin only for big glove producers { TG, Harta, Kossan, Super, Comfort, Rubber} etc

Glove counter financing or borrowing's { margin account} need to regulate by end June [ not immediately] normal pledge securities [share] max around 50 % to borrowers. TG, Harta, Kossan, Super, Comfort, Carepls has sky rocketed betw 40- 50% the last 7 - 8 trading days. Pullback on the
Quantum amount pledge is normal. They discourage people from over leverage on their margin ac ount. Imagine TG at $10 now skyrocketed to 15. The margin likewise increased from $5K. to $7.5K per lot. With the revised financing now the fig adjusted to 5.25K per lot. Individual banks have their own calculations. Difference is minimal { provided you have not maxout your limit}

Started their run up in early May { from 90 sen to current 2.20} plenty of bullets. K1 just bangun

No. which bank you are using? Margin financing or loans?

Bursa regulations below $1 limit is 30 sen. Above $1 stocks 30 %. Happy K1 hit first target price 60

More upside for K1 based on NASA {US approval} FDA covid 19 treatment approval

K1 16 AGM fixed 29 June. Can get some guidance from Board on the upoming qtrs result { Apr - Jun}

Aim higher { K1 } others e. g. carepls jump from 40 sen to 1.80. K1 medical segment encompassed all PPE { check out thier K1 website}

A lot of block trades {500 lots>} transacted plus direct trades thru IB's

Buyer's from our southern neighbour placing bulk buying orders. They missed out on TG, Harta, Super, Comfort, rubber. They don't want to miss this theme plays. Only our bursa have majority of this glove producers and medical cares providers. SGX have thier tech, finance, China stocks only

IB 's coming in for rotation plays { related beneficiaries covid theme plays} look at the spike in volume.

Last day for May trading. Window dresssimg

QR result forthcoming { keeping fingers crossed}

Optimistic prospect based on above report

Wait and see. DJ is bullish

Yup everybody is cautious. Look at the prices of TG, Super, Comfort or Carepls { rise is spectacular} compared to HLT. Agreed with Registered ID any pullback on glove producers will drag HLT along trade within your means

Moody downgrade Genting. Most IB's have a sell call. Pb price target lower to 2.00

Petronas slashing it's operating capexp budget by 21% { due to market uncertainties} downstream operations reporting a loss. this will affect our local O & G contractors

Long weekend break market muted

New norm is to have face mask, gloves plus face shields in the service and health care sectors. whether MCO is lifted or not

Yup. Long term don't expect a v shape recovery. Maybe 2021 or 2022 when pandemic is less severe. We are facing a economic, political uncertainty plus a pandemic outbreak { treble whammy} for the first time. BIG ticket items will be worst hit

Glove's producers a gold mine for investor

Tsh up after 2019 annual report out

Zzzz sleepy counter finally wakes up

Private placement means investors have confidence in the company. Pricing is higher then average traded price in the past 1 week. Management guidance or diligent study { prior to the placement} added more bonus points

CP group in Thailand is very very big. They buy over Tesco operations in Malaysia and Singapore. VERY soon Tesco will be selling only CP eggs

Old article rehash as new

Every lab claims thier vaccine or anti viral drug is coming. Look at US, Europe, Russia

Epf keep disposing

Pbb drop like a rock { from $23+ till $ 15 +} 35% percentage worst performance against KLCi or Maybank

Money shifted to O & G

Valuable lesson

Qtr result was a big disappointment. Impairment of this magnitude is worrying. The least the Board could have given thier guidance on the write down before hand { instead of diam diam} this is disturbing

Without prejudice RHB picks { based on last FY} which covid 19 pandemic has changed the investing scenario or landscape. look at thier picks { nothing to look at health care or ppe business sector.

JT 5774 :technical neutral. agreed with YOU on your analysis

KYY learns his lesson. NOW started profit taking rubberex and comfort. High volume plays

Morning already reach low now prices should stablised

Newbie : must be patient and take a longer view. prices fluctuate but main focus is on a growth stock in a strong sector. Just my own view { others may have different view}

Next 2 qtr figs is a big plus to their bottom line. Glove prices and demand all surge during this period

Contra T2+1 {Friday position}

Ansell is a global leader in health care & safety protection. Listed on ASX and has a customer base in more than 100 countries. It's not a newbie compared to all the so called JV signed by others

All glove producers re rated by IB and funds. Growth stocks in this strong sector

Yes. Agreed. Invest in the strong sectors. Glove producers ARE the growth stocks

Re rating on glove counters by IB 's and research houses amid pandemic.

Wary of second wave covid 19 infections

Trust both Super & Comfort fly higher. Pure glove manufacturers