A lot of block trades done today { 500 - 1000 } suddenly IB's scrambling to take position

New MB kedah comes from PAS

New cases globally sparks fear of second covid 19 wave worldwide

Government owned entities tend to underperformed compared to thier peers. Look at UDa, Sp setia { after Tan Sri liew exit} sime prop etc property and big ticket items suffer during pandemic

Yes. HLT indirect beneficiaries of glove producers. HLT suppliers of glove diplines parts & services

Glove producers that have pledged to donate medical gloves
TG, Harta, Carepls, MREPC (rubber export promotion} YTY group

Avoid stock promoters citing certain stock unit citing high demand for thier products. Look at thier company products whether eg. pure glove producers or merely related rubber products, gloves trading or industrial suppliers} need to do your research and homework.

Coming 2 qtrs result will be bad. 1st Qtr ending 31st Mar hit by covid 19 outbreak in China. 2Qtr ending 30th June hit by MCO and blanket ban on tourist arrival. Worse still is their cruise ships operations { people are scared} dont expect any recoveries in this financial year 2020. Gaming tables closed with theme park opening delay. Expect write down on the P&L, Capex, amortisation etc

Above list is rubber glove producers sourced from trade index { others are associates members involve in gloves trading or industrial /parts suppliers rtc {bulk of main business derived from other sources}

remember which side of the wind is blowing { for glove counters} never go against the trend. IB's and funds are accumulating glove producers. Look at KWSP, PNB, KWAP investments in Glove counters are miniscule compared to Banking. Fast forward where do this funds will be ploughing in this uncertain times. TG in midDec trading at 4.30+ { 4-5 months sky rocket to 7.30 + } ask who is buying

Nuzul Al Quran on Monday { no trading}

Based on WHO many countries are testing anti bodies and drugs usage to combat covid 19 infections. Between lab testing and mass inoculation still required a long gestation period. In Europe a minimum period of 52 weeks are needed. DRUGS can be used during pandemic but medical usage effectiveness is a big question mark. Some can work some not effective some have side effects. this is the reason why the big pharmaceutical & drugs companies need time to develop an effective vaccine.

There ia marked difference between industrial gloves and examination gloves. Examination gloves are further split between surgical and medical gloves. Whereas industrial gloves are commonly known as garden or household gloves. Carepls produces surgical, nitrile examination, latex gloves { not forgetting disposal grade} this is one of the key factors Ansell buying into thier gloves factory.

Errata : acquired in the open market

Between May 2018 till 17Mar 2020 { prior to MCO} Both directors acquired 6Million plus shares in the own market.

Very low volume counter

Ansell is a multi national Corp based in Australia with markets targeting Europe and UK

TG, Harta, Kossan are more long term players. retail players tend to focus on 2 nd tier counters and penny stocks

Never chase so called high dividend counters. remember this dividend { final or interim is based on previous reporting qtrs} after factoring present market turbulence and uncertainties. price will readjust and tend to trend lower after the Exdate. Many people get caught and force to hold for a much longer term until the counter slowly recover. JUST my personal view on so called dividend stock

EGM result after lunch break

T2 +1 today for contra

KYY idea is straigbt forward invest in business he understand. Construction was his past favourite NOW he is investing in glove
Production { not too complex engineering process where lines and capacity automation & costing are the main criteria. Partly related to his experience

KYY like to dabble in small cap stocks unnoticed by others { after accumulating then KYY will slowly goreng up} that's the name of the game.

Everyone has thier own preferences and trading ideas. Just be constructive and share your ideas. During this trying times tough to make $$$ unless. You hit the right counters

Glove producers are the theme play. Look at TG price up +65 % in just 3 months. 4.35 in late Dec now trading at 7.20 { today closing} same applies for supermax and other glove producers. Other health related products or industry also up in tandem with the theme play.

Never never trust this IB 's call.

So called wonder stocks must scruntize with a fine comb and do your homework { price vs peer comparison and current scenario } before ploughing it. Remember promoters always tell a good story

Gloves usage has increased multi fold. Non medical workers and others also use gloves for household and cleaning purpose. In hospital and clinics gloves are discarded aftereach usage. Doctors, nurses, medical assistant even cleaners use gloves. Rubber and nitrate gloves are disposable materials unlike your gardening gloves

Banks big u turn on automatic loan deferment moratorium {bad for people but good for their bottom line}

FY ending January 2020 record a loss of 4.5 billion { excluding EBIT} is frightening. Cash flow is negative with banks putting a stop on new financing { eg Hin Leong Oil in Singapore } damming prospect with Petronas scaling down capex and putting on hold new current development. Sapura slipping to PN 17 is real pressure on any recovery. are we looking at PN 17 ?

Gloves demand usage jump 10 times. All gloves factory in Malaysia facing back logged orders running till Oct - Nov period { caused by MCO lock down} government only allowed 50% during the initial este tial sector. Labour shortage and logistics further compounded the back logged. USD trending up and oil prices record low oth indirectly benefiting producers. Expect the coming 2 - 3 quarters super result from glove manufacturers.

Suspension IDSS till end June should stabilise banking stocks

Gloves is the theme play in 2020

Contra trade {profit taking} on glove counters

T2 +1 from last Friday

Alliance bank valuations cheap but counter underperforming

Higher price for Ansell acquisition - indirectly beneficial for carepls shareholders

Daily day trade - {profit taking} is expected. Contra play"s normal. look at comfort gloves the same pattern {before jumping higher and higher week after week} just my own view

HLT is a glove dipping line machinery supplier { edge financial}. Thier subsidiary enters a agreeme t to distribute covid test kit. Many companies { China, Taiwan, Korea} supplying test kits. Our Health ministry is sourcing from 2 Korea companies but not China made test kits citing reliability issues. The test kit are unable to give a accurate readings or reliable test result { based on our DG explanations at the health ministry daily press briefings}

The EGM notice was issued on 17 April prior to MCO extension announced by PM yesterday evening. All proxy forms lodged previously lodged are deemed invalid { as the date of EGM changed} based on the notification issued 17 April last date for lodging is on 4 May { prior to MCO extension extension }

Japananese candlestick bar chart showed very bullish n strong uptrend signal. Keep our fingers crossed for more uptrend action with high volume and prices recorded. Or are unseen hand telling uncle starting his move. REMEMBER how li hen, Jaks, dayang jump

After tabung haji selling substantially thier stake holdings now epf turn selling . they
must know something we don't know

Glove counters are the real beneficiaries of this pandemic

The loan burden is Hugh. Despite the rights they are still facing cash flow issue. Without cash flow all business will fold

Go for the glove manufacturers underperforming and not overvalued counters. TG and Harta has jump 30% in valuations. KYY golden rules low PE, upward trend, 2 consecutive qtr reporting profits, turnaround counters still applies. just my personal view

Older companies always have the issue of adapting to the fast changing landscape. We have seen the 2nd or 3rd generations run companies trying to expand thier families run business into something new. WITHOUT the right expertise or going into another country dooinng business is big risk { especially using borrowed funds} in today landscape spells trouble.
NEVER invest in countries where laws can be changed or fundamental human rights never respected or sometimes mob rules prevails. We have witness how the 97-98 reformasi movement in Indonesia degraded into open rioting when hundreds and thousands of its own people murder by the rioters. History teach us something the politician never learns.

Petronas & major oil companies around the world are deferring or reviewing thier capex for this year and next year { oil prices has slumped 50%> from USD 75+ to below USD 28 - USD 30 price range. All O & G were be hit irrespective local or otherwise

B20 not feasible as a feedstock for biodiesel { much higher cross subsidy by government vs current low oil prices}

Yup. Just my own personal view. Big block of shares park prior to closing at noon. Only operators have the means to key in the big order. retailers have limited funds or resources

operators to accumulate sizeable free float market share prior to distribute stage. Best means to put up huge blocks to discourage buying plus multiple trading platforms.