cksam

cksam | Joined since 2015-05-20

Investing Experience Advanced
Risk Profile Moderate

Formerly a corporate Treasurer in a Bank in NZ

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Stock

2020-12-08 17:22 | Report Abuse

Today buy queue at 0.025 left with 70 million shares, Sell queue increased to 57 million shares. Today alone 20 million shares queue at 0.025 went missing. Yesterday it was 92 million shares queue at o,025.

By this rate i think tomorrow those buy queue at 0.025 = 0.03 sell queue. So just a matter of days before they are going to throw everything at 0.025.

Got to wait again for them to clear the 0.025 sell queue again. So nice.

Anyway both ATARAH and tklim where are you guys? Come out and cheer us up. Everybody here needs entertainment. Everyone here is in sorrow and pain. Market has been up for past 2 weeks but this bastard wouldn't move the needle a bit. I guess the best thing everyone learn from this stock is patience. By the time you are out of this stock you can master yoga and meditation easily.

LOL

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2020-12-07 15:40 | Report Abuse

If those folks who are feeling negative about furniture stocks, i recomennend you all should liquidate all your stocks and go to vaccine stocks. I don't know with which furniture stocks your are comparing to. Liihen or Pohuat most probably. But unfortunately Homeritz is more corelated with it's peers like Jaycorp, Mieco and Pecca.

If you look at their performance since August all three of them has more than doubled their stock price. Whereas Homeritz was trading at around 0.65 in August have yet to double. In terms of financial performance and dividend payouts only Jaycorp is better than Homeritz.

So, i reckon there is still much room for Homeritz to go up. I am still buying this morning.

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2020-12-04 16:57 | Report Abuse

I heard another round of rights issue coming next year. For operating expenses and lowering of debts. Bastards.

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2020-12-04 14:59 | Report Abuse

But today even though was bearish, Homeritz and homeritz-wb is damn steady. Seems like some insiders are collecting a lot of Homeritz at 1.03 and 1.04. So i reckon either today or next week Homeritz will break the 1.06 high anytime soon.

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2020-12-04 14:56 | Report Abuse

With another 3 million converted which totaled 23 million. So balance 52 million is much smaller NOSH which will be good for future price manipulation. Assuming there is no free warrant-B.

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2020-12-04 14:51 | Report Abuse

2.75 million shares at 0.03 has already been eaten !!

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2020-12-04 14:50 | Report Abuse

Buyer is back to above 100 million shares.

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2020-12-04 14:46 | Report Abuse

Eduspec i think is coming today. Volume just got bigger at 0.03

Watch out guys !!!

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2020-12-04 13:18 | Report Abuse

In regards to the total homeritz-wb converted. If you refer to the above on Dec 1, maybe there was a double entry in the conversion of WB by the directors. Even in Bursa site there is also a double entry, see below on the December 1st date.

https://www.bursamalaysia.com/market_information/announcements/company_announcement?keyword=&cat=&sub_type=&company=5160&mkt=&alph=&sec=&subsec=&dt_ht=&dt_lt=&page=1

I base my calculation from the announcements in Bursa. But when i look at the NOSH it is only 320 million or 20 million extra from the conversion. Sometimes it's damn difficult to judge from their announcement.

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2020-12-04 13:11 | Report Abuse

That's what i also agreed. At first maybe i thought i was wrong. After reading page 15, i was still still unsure of the full interpretation. As follows.

1) issue up to 18,746,946 additional homeritz-wb
that's why "up to" because they don't know how many still to be converted to mother share from now till ex-date.

2) with the conversion price of homeritz-wc be adjusted from 0.75 to 0.60 (page 4)

3) Original homeritz-wb conversion price reduce from 0.54 to 0.43


So, i am not 100% sure if my interpretation is correct?

Any experts to enlightened us?

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2020-12-03 17:15 | Report Abuse

I reckon those who bought last few months and years before the conversion all kaput already. Most likely kena swallow wholesale by the sharks. Tulang pun tarak, pochi !!! LOL ....

Those who bought 0.06 and above after consolidation now only left with 0.03. But the bastard management keep on issuing RCPS and now the NOSH is back close to 2 billion. That means back to square one. But they gain because the newly issued RCPS is 0.02. Bastards still making 50%. All other minority shareholders left hanging. Now some more want to shake the minority shareholders to throw to them at 0.025. Bastard !!!

It's a pity for all those who hold since last year. Bloody stuck here for ages. Today vaccine counters gain big. Bintai limit up. Solution up 0.17. So how Eduspec? LOL

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2020-12-03 16:17 | Report Abuse

Just now some folks panic selling up to 10 million shares at 0.025. Thought it cannot recover. Damn this share really test your patience.

Today up about 30 points also cannot move. So, when only can move? When Bursa up 300 points?

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2020-12-03 15:17 | Report Abuse

If you count the amount of homeritz-wb that have been converted to mother share Homeritz. It is close to 40 million of homeritz-wb been converted to mother share for the past 2 months. So basically now there are only about 35 ( 75 million issued - 40 million converted)million of homeritz-wb out there. There will be more conversion along the way until before the ex date.

In fact yesterday there was 2,4 million shares converted.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3110456

So, the odds is by next Friday, homeritz-wb might be less than 20 million shares free float which makes it an ideal candidate for manipulation.

Right?

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2020-12-03 15:01 | Report Abuse

Maybe you don't understand what i mean. If mother price adjusted by 25%, Homeritz-wb will be compensated by either:

1) issuance of additional 25% homeritz-wb

2) conversion will be adjusted downwards to 0.43

So, whichever way, homeritz-wb will be compensated. What happen from now till 14/12, Homeritz price jumped up? Isn't it much more profitable in terms of percentages?

Right?

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2020-12-03 13:22 | Report Abuse

I agree with Jaynetan,

"Who said existing warrants holders won't get extra warrants?"

Common sense will tell you that if Homeritz were to issue a bonus come with free warrants then what will happen to existing shareholders of homeritz-wb? If nothing is given to existing holders of warrant B then they are going to lose heavily. Because after Homeritz ex-bonus, it's share price is going to reduce by 25%. Say during ex-date it is trading at 1.00. Then after ex-date it will be trading at 0.75.

Then existing homeritz-wb will get wipe out because they don't get extra 25% new homeritzwb shares. Say at today's price of 0.40 plus exercise price (0.54), it will be 0.94 which is much higher than the mother share at 0.75. Immediately holders of homeritz-wb is losing 0.19 cents. So, who is going to hold on to their homeritz-wb?

I reckon if they are not giving free homeritz-wb then the exercise price of homeritz=wb will be lowered to 0.43. You can refer to page 15 on Bursa announcement below.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3104075

In fact i think buying homeritz-wb is much more attractive as the premium is already 0.085. Or 1.03 - (0.405+0.54).

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2020-12-01 13:30 | Report Abuse

AT don't have a proper plant to manufacture glove, by just announcing getting into glove manufacturing with LKL and others being their marketing agent, shot up about 450% in one month. Hardcore developer Mahsing only know how to build condo also getting into the glove bandwagon. From about 0.58 in beginning October jumped to 1.47 in mid October. Only 2 weeks share price gained about 200%.

I don't understand why is it so damn difficult for Eduspec to announce something tangible and move up the share price. XOX, M3Tech, Anzo, Fintech, GOcean and so on announced tens of MOU, MOA, HOA and LOA. Until today not one agreement is fulfilled but their insiders already make millions from the share appreciation.

Even INIX with an additional substantial shareholder from Macao jumped from 0.11 to 0.89 in April. A lot of investors don't even know that the investor from Macao is a head of the Macao Gangster named "broken tooth". How can a gangster head run a business. But they announced they are getting into a MOU with Sinopharm to distribute their vaccine. So the share jump up 800%. Investors don;t give a damn what the company do as long as they have announcement and give hope everybody will jump in and buy.

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2020-12-01 13:09 | Report Abuse

If i cut at 0.025 i only lose 16.7% since i bought at 0.03.You can recover that amount in days if you catch a right stock. In May i bought xox-wb at 0.055 and sold at 0.23 in August. That is more than 300%. I think the ACE market counters are on the move again. Got to do some homework on what to buy.

Connect from 0.08 in April went up to 0.39 in May. Then retrace to 0.012 in early November. Then in mid November went up to 0.22. AT from 0.065 in October to 0.30 in November. Then retraced to 0.15 last week. Today it is trading at 0.21.

You see other counters in ACE market already played many times whereas bloody Eduspec haven't even move up one time for the past 2-3 years.

So, i hope they don't dump everything at 0.025 soon.

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2020-12-01 12:30 | Report Abuse

If you wait for those fellows it will take years. Even approved a project also take years. Don't talk about implementation. Forget about budget. For me it's simple, if i see the buy queue at 0.025 finishing, i will cut loss and go for other counters. Instead of wasting time here watching paint dry.

I might as well use my money elsewhere so that i can start recovering from there. Now all those transportation and logistics counters like nationwide and tiong nam logistics. already starting to move in anticipation of storage and transportation of vaccines.. Nationwide from 0.10 went up to over 0.60 last month, Tnlogistics from 0.45 last month to 0.94 today. Freight from 0.50 last month to 0.86 today.

Well, opportunity cost is important. why waste time here and getting your money stuck. Bursa seems to be on the bull run again. I don't want to waste this oppurtunity.

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2020-12-01 11:45 | Report Abuse

Hmmm, it's quite bad news actually. As said earlier, buy queue getting less and sell queue getting bigger. Last week it was 140 million share on the buy queue and 35 million on the sell side. It is 80% to 20%.

Today it's more like 110 million on the buy side on 40 million on the sell side. Or 76% on the buy side to 26% on the sell side. If this ratio keeps getting less then i reckon the buy queue will soon finished. Then the sell queue will be 0.025. Which i think we will have to wait for another few months or years for it to comeback.

I wonder what happened to our tklim. Seems like missing in action.

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2020-11-25 19:48 | Report Abuse

If you want to play Eduspec, you really need to have patience. No joke, seems like management doesn't give a shit about the share price or they don't have the money to play. I think it looks like they don't have the money to play up the share. Got to wait for third party to goreng up.

But what i concern is that the sell queue used to be about 4 million shares has now grow to 39 million shares. I can see that the queue at 0.035 has been smaller. That means those fellows who used to queue at 0.035 have move their queue forward to 0.03.

I hope the sell queue at 0.03 don't exceed 100 million in the near future if not those retailers will panic and start throwing at 0.025. And we are bloody back to square one. We have been waiting for months for it to clear 0.025 and now it just stopped there. It was a golden opportunity to push it up while it is hot last week. But the management didn't even do a f**king thing, Sad ....

Well all we can do now is to wait for them to clear 0.03.

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2020-11-21 12:56 | Report Abuse

Well, yesterday was a slow day for most stocks even though KLCI went up by 10 points. 690 gainers led 504 losers. Doesn;t seem to be convincing enough to call for a trend change.Volume seems to be lowest in the past 2 weeks.

As for Eduspec, volume done was only 4.8 million shares. Thus decreasing volume means the supply at 0.03 is drying up. By the way it looks like for the next couple of days there might not be much action in Eduspec unless there is a catalyst or some positive news.

But Eduspec acts in a funny way. If you are sharp enough, you notice that it will trade with low volume for a few days/weeks and then suddenly start to be very active again. That's what happens starting from 0.015 a couple of months back. It slowly accumulate and then start to move one bid higher to 0.02 then 0.025 and now 0.03. Next should be 0.035 at the bid and then will start eating the ask at 0.04.

This is going to be a slow and grinding process as it lacked promotion to attract retailers to the stock. However once retailers start to pile in, then it's price is going to soar like a rocket. By that time we are able to see price increase by 50-100% a day since the price is so low.

Now what we can do is to "watch paint dry". We just have to wait and do do something close to nothing as some people said.

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2020-11-19 17:27 | Report Abuse

Well, today Eduspec performed well again. KLCI plunge 21 points , yet Eduspec is still holding well at 0.03. Out of the 280 million shares traded 276 million are match at 0.03. Another good thing is volume done at 0.03 has shrinked a lot. Looks like it is drying up.

Today i added more Eduspec shares. Now all it need is just a catalyst to spark the fire. Any positive announcement by the management will do, be it a contract or an additional of a substantial shareholder. Then it will create a focal point for all the retailers to come in and thus increased visibility. As i said if you want to make money in Eduspec, you need to be patient as it's NOSH is more than 1.9 billion shares. Stock jobbers, market makers, syndicates and stock manipulators need time to hoard enough stocks to push it higher.

If you look at the OBV or on balance volume an indicator to track whether there is an accumulation or distribution of shares. There are people accumulating Eduspec shares between 0.025 to 0.03, since early August until early November. It was only since last week, they managed to accumulate enough at 0.03. Next will be 0.035 and again it's going to be slow if there is no catalyst to turbo charge it. There aren't enough investors to create a positive feedback loop to rocket up the share price.

But i am very positive the time will come and i hope it will be very soon !!

Happy Trading guys,

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2020-11-18 17:06 | Report Abuse

Well today was an excellent performance by Eduspec. Despite market dropping 14 points at one time, Eduspec managed to hold on. As for today it managed to absorbed 161 million shares at 0.03.

Syabas !!

But it was beyond my estimation on where the hell the extra 161 million shares at 0.03 came from. Nevertheless, it was well absorbed. We shall be looking at 0.035 tomorrow as visibility has improved tremendously today. It managed to stay on the 15th position today on most active. As i said yesterday anything above 100 million means there will be a continuation in the uptrend as some big investors are hoarding already, Once they load up enough at 0.03 then next will be 0.035. Well we have to live with the facts as Eduspec have a NOSH of more than 1.9 billion shares due to Private Placements.

So, we just need to be patient. I don't know if you guys notice or not, at the end of closing the buy queue at 0.03 has increased to 14.5 million shares. And also between 4.00 pm to 4.50pm the volume traded was very light. Hence that means the selling at 0.03 has dried up. So, we shall be seeing 0,035 gobble up tomorrow.

Happy Trading guys,

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2020-11-17 18:43 | Report Abuse

Share market is all hype. No need to look at fundamentals during times like now. Bursa have more gamblers that other bourses in the region. I am involved with a few markets in Asean. I know better because Malaysian investors are f**king kiasus. All scared to lose money. Whenever a stock goes for retracement maybe due to profit taking everyone sells down. Throwing their shares like rubbish.

But when a stock starts to take off, everybody jumped in without taking into consideration the market conditions (overbought or oversold) or company fundamentals (whether profitable or not). The most important thing is make fast money, buy morning and sell in the afternoon is the best strategy. Whenever a stock peaked like most ACE counters now, it will go into hibernation. Stock jobbers, syndicates, market makers all disappeared. A good example is Eduspec, has been trapping investors for years. What can they do other than "Tiu lei mah ko chow hai" all day in this forum.

The problem is these investors never learn any lesson. If they are lucky to get even in Eduspec, they will commit the same mistake in another hot stock. Then they will get stuck for years and start to "Tiu again". Right?

Like all the big 4 glove counter this morning, all of them got hammered like shit. At one stage Supermax and Topglove dropped RM 1 each and Kossan and Harta dropped more than RM 0.90 each. I am monitoring them because i use to trade them for the past 3 months. I stopped last month when there are news that vaccines are coming out this month. Because i know that volatility is going to be crazy because these 4 counters are infested with retailers (gamblers). They will panic easily. You can check how many times a day these 4 counters goes up and down like a yoyo each day. I counter no less than 6-8 times a day. Will you call this investing or horse racing?

Today i sold all my stocks that i bought last month mainly economic recovery stocks. In sectors such as furniture manufacturing and other exporting industries. I have made my targeted profit and i just exit my trades. Now that i have sold everything i am now looking into counters that haven;t move yet such as Eduspec. I am not all in into Eduspec but only about 5% of my capital as i view this is just gambling. Mainly because Eduspec has not been making money for the past few years. So i am betting on the coming hype when it start to attract attention and hence the price begin sky rocketing. I won't hold it long for sure because once the hype is over it will back to square one. Then investors will start to "Tiu lei Mah" again. Like investors in XOX, Anzo, Connect and so on. They are now long term bagholders.

So, you got to be sharp on when to go in and go out. If not you will always be sent to the cleaners.
Holding stocks long term and forever with more money dumping into the market, Stock market is a zero sum game where all profits equal losses. So, someone's loss is someone's profit. So make sure you are not the loser.

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2020-11-17 17:49 | Report Abuse

Congratulations to holders of Eduspec. I am back after a whirlwind trading in other stocks. Nevertheless i have made a bundle and after selling everything today i have diverted my attention to Eduspec and bought in today at 0.03. Why?

1) Eduspec has been a laggard since the ACE counters bullrun from March till now. I reckon it's time has come for Eduspec to shine.

2) Volume has been exceptional for the past few days. Especially on 11/11 where 215 million shares are traded. Today was also a very good volume day for Eduspec recorded 139 million shares. The most important thing is that 134 million shares are traded at the price 0.03. As of 5.00pm today only 27.5 million shares at 0.03 are left. That means the supply of Eduspec shares valued at 0.03 are shrinking. Thus there is a high probability that Eduspec is going to gobble up shares at 0.035 tomorrow. Hence, what i can conclude is that Eduspec is about to soar high.

3) Eduspec has been gaining public attention for the past few days. If it can trade above 100 million shares tomorrow then i reckon visibility of Eduspec will be heightened. Thus it will be the next darling of Bursa.

4) After many false breakouts since March this year, i reckon this time it will be the real one. Why? If you look at the chart with the bolinger band, it has been tightening since September. For the past few days it is curving upwards, meaning a breakout of the current resistance of 0.03 is imminent.

So lets look forward to a fruitful trading day tomorrow.

Happy Trading

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2020-09-29 21:24 | Report Abuse

Our top promoter ATARAH is damn busy promoting in Topglov and Supermx. But i think he got f**ked by them with the recent retracement. Only crazy dudes only go near glove counters now. If you look at glove stocks, they are the most volatile in Buras.

Morning session can up and down twice. Same as the afternoon session. Thus you can experience roller coaster rides 3-4 times a day. Total madness to play glove counters now. You will have sleepiness nights. With vaccine almost coming online, expect more volatility soon.

Only desperate fellows looking for higher yields with high risk will only touch glove stocks. My advise is stay away as far as you can. You will definitely get burn.

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2020-09-18 13:48 | Report Abuse

Very easy to double or triple the share price. Counters like Anzo, XIX, Inix and so on, their share price went up 8-10 times already. By doing what? Nothing.

Basically just by announcing their company is going into glove and vaccine distribution. Inix better still announced a new substantial shareholder from Macao by the name of "Broken Tooth Koi". To cut it short a gangster from Macao ho have committed a murder in 2013. Don't worry INIX share price went up 8x after that. XOX better still, signing all sorts of agreement with all te tom,dick and harry in town. Share went up from 4c to 0.39. Almost 10x. Anzo with conman Datuk Chai also announced going big into copper mining. Copper price hit all time high in June. Sot up from 3c to 0/26 almost 9x.

So what is the issue with this company? Just go and announce company is going to diversify into gloves manufacturing. Guarantee by next week at least 0.10.

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2020-09-18 13:13 | Report Abuse

Our top promoter ATARAH also went to Topglove alreadyto promote. I reckon he is sick and tired of Eduspec already. Promoted more than one year but price kept dropping. Worst than before consolidation.

Now left with tklim only to promote. But recently he is also hiding in a cave. Probably also f**k up with Eduspec already. As they said "wasted so much saliva" also no point. Keep going down.

Now we hope our last and only promoter left tklim, come out and do something. Start promoting again with all the price target. At least can entertain and update all the investors here. Most importantly keep hope alive.

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2020-09-17 23:19 | Report Abuse

Buying now is like putting your bare hands out to stop an oncoming bullet train. The selling pressure will be very high tomorrow as supermax share price hit 9.00 on 14/09. Force selling will start tomorrow. Those fellows bought then are losing about 1.50 per lot.

Not a bright idea to buy tomorrow. I will wait until next week when fear subsides.

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2020-09-17 23:10 | Report Abuse

I suggest you guys better sell when opportunity arises tomorrow. Don't bother to wait for the dividend which amounts to 2 to 3 cents. Negligible. Some more got to wait until November and by that time Supermax might be trading below 5.00.

Why not sell now and buy back later at a lower price. Instant dividend already and don't need to wait. Now glove stocks are going into uncharted waters as vaccines are nearing completion. Glove shares can plunge sharply as panic sellers will sell furiously like today. If you don;t panic others will. They just want out.

That's my advise. Sell now and you will sleep better at night. If not you will be riding a roller coaster everyday !!

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2020-09-17 22:52 | Report Abuse

Told you guys, a big selloff after results is out. Nobody listen. After roasted, now what? No more RM 10 and what happened to all those fellows who can't wait to buy more this morning?

You can buy as much as you wan at RM 7.70 tomorrow morning. No need to queue some more. It is going to be interesting tomorrow, don't know can break RM 7 or not.. Let's us watch the show tomorrow together !!

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2020-09-17 17:28 | Report Abuse

Someone said the following

.....this weekend is celebrating all night long......

Lobster
Steak
Wine
Champaign
Whiskey
Sashimi.

Just curious what is he eating tonight?

Maybe Rice with soya sauce !!

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2020-09-17 17:20 | Report Abuse

Told you guys, a big selloff after results is out. Now what? No more RM 10 and what happened to all those fellows who can't wait to buy more tis morning?

You can buy as much as you wan at RM 8 tomorrow morning. No need to queue some more. It is going to be interesting tomorrow, don't know can break RM 7 or not.. Let's us watch the show tomorrow together !!

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2020-09-17 09:50 | Report Abuse

I predict TopGlove's PAT should be around RM 600 to RM 800 million based on the best case scenario. Don't be silly people. To earn above RM 1 billion based on a 10% increase in ASP (i.e 30%). Revenue should be around RM .4 billion. That;s more than double of last quarter's RM 1.68 billion. Think about it logically, How much increased capacity has Topglove ramped up for the past 3 months to achieve more than RM 1 billion in profits ? Just simple maths and a clear mind, no need complex calculations.

If i am not wrong topglove should be recording a PAT of between RM 600 to RM 800 million. Based on the increased production indicated by 20% and increasing ASP to 30% from 20% from last quarter.. If there is an increase of 20% in production then revenue should be RM 2 billion (RM 1.68b x 1.2). Say with 30% (increase 10% ASP) profit.margin the PAT should only be around RM 600 million. Another better scenario is probably add another RM 100 million. So i would say the best case scenario for tomorrow's PAT should be around RM 600 to RM 800 million.

Some guys here are prediction RM 1.4 to RM 1.6 billion profit. Do you know how much revenue topglove need to register in order to achieve in order to get RM 1.4 billion PAT? We are looking at somewhere around RM 5 billion in revenue. How can topglove achieve 3 times last quarter's revenue within such a short time? I reckon there will be mass disappointment in tomorrow's QR. Hence, a big selloff on Friday.

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2020-09-17 09:39 | Report Abuse

Hotstuff, you are not alone. I also predicted RM 600 to RM 800 million based on best case scenario.

If i am not wrong topglove should be recording a PAT of between RM 600 to RM 800 million. Based on the increased production indicated by 20% and increasing ASP to 30% from 20% from last quarter.. If there is an increase of 20% in production then revenue should be RM 2 billion (RM 1.68b x 1.2). Say with 30% (increase 10% ASP) profit.margin the PAT should only be around RM 600 million. Another better scenario is probably add another RM 100 million. So i would say the best case scenario for tomorrow's PAT should be around RM 600 to RM 800 million.

Some guys here are prediction RM 1.4 to RM 1.6 billion profit. Do you know how much revenue topglove need to register in order to achieve in order to get RM 1.4 billion PAT? We are looking at somewhere around RM 5 billion in revenue. How can topglove achieve 3 times last quarter's revenue within such a short time? I reckon there will be mass disappointment in tomorrow's QR. Hence, a big selloff on Friday.
16/09/2020 11:17 PM

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2020-09-17 09:30 | Report Abuse

If you guys don't liquidate by today, i reckon you guys will be roasted. Dual listing normally have the anomaly of price difference. Just take a look at Mainland shares listed on both the Shanghai Stock Exchange and Hong Kong.

Some of them have a discount of up to 40% in Shanghai. Don't be silly to listen to all the experts saying Malaysian topglov price will catchup with it's Singaporean brethren. Even Chinese stocks listed in China have price difference with their ADRs listed on the NYSE..

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2020-09-16 23:26 | Report Abuse

Remember, topglove is in the business of producing gloves and not printing money !!

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2020-09-16 23:17 | Report Abuse

If i am not wrong topglove should be recording a PAT of between RM 600 to RM 800 million. Based on the increased production indicated by 20% and increasing ASP to 30% from 20% from last quarter.. If there is an increase of 20% in production revenue should be RM 2 billion (RM 1.68b x 1.2). With 30% profit.margin the PAT should only be around RM 600 million. Another better scenario is probably add another RM 100 million. So i would say the best case scenario for tomorrow's PAT should be around RM 600 to RM 800 million.

Some guys ere are prediction RM 1.4 to RM 1.6 billion profit. Do you know how much revenue topglove need to register in order to achieve in order to get RM 1.4 billion PAT? We are looking at somewhere around RM 5 billion in revenue. How can topglove achieve 3 times the last quarter's revenue within such a short time? I reckon there will be mass disappointment in tomorrow's QR. Hence, a big selloff on Friday.

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2020-09-14 14:05 | Report Abuse

I reckon there will be panic selling in the afternoon session when KLCI turns red.

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2020-09-14 12:31 | Report Abuse

I have just liquidated all my glove stocks just now. Good luck to all holder !!

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2020-09-14 12:29 | Report Abuse

Guys, prepare for a huge plunge afternoon session as KLCI index is going red.

Be prepare !!

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2020-09-13 21:04 | Report Abuse

If tomorrow TopGlove doesn't close above 8.20 then i suggest you fellows better liquidate everything. Because this rebound has no legs. False rebound due to heavy company share buy back. Not much due to genuine investor bargain hunting.

Watch out !!

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2020-09-13 20:35 | Report Abuse

If you want to know whether things are returning to normal. Just check their traffic congestion level by tomtom.com live. Remember to click on the last 7 days to see the traffic congestion during work days from Monday to Friday. In Beijing and Shanghai, most days their congestion level reached 85% to 95%

Beijing
https://www.tomtom.com/en_gb/traffic-index/beijing-traffic/

Shanghai
https://www.tomtom.com/en_gb/traffic-index/shanghai-traffic/

Kuala Lumpur
https://www.tomtom.com/en_gb/traffic-index/kuala-lumpur-traffic/

Singapore
https://www.tomtom.com/en_gb/traffic-index/singapore-traffic/

Tokyo
https://www.tomtom.com/en_gb/traffic-index/tokyo-traffic/

Jakarta
https://www.tomtom.com/en_gb/traffic-index/jakarta-traffic/


You see all other major Asian cities congestion levels are nowhere near the two Chinese cities. Even Tokyo also less than 50% and Malaysia about 60% only. When Congestion levels are high it shows there is rising economic activities. So i reckon the Chinese reports on getting back to normal life is true. You guys can dismiss my observation. Anyway it is your money. Win or lose has got nothing to do with me.

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2020-09-13 20:31 | Report Abuse

If you want to know whether things are returning to normal. Just check their traffic congestion level by tomtom.com live. Remember to click on the last 7 days to see the traffic congestion during work days from Monday to Friday. Most days from 85% to 95% congestion.

Beijing
https://www.tomtom.com/en_gb/traffic-index/beijing-traffic/

Shanghai
https://www.tomtom.com/en_gb/traffic-index/shanghai-traffic/

Kuala Lumpur
https://www.tomtom.com/en_gb/traffic-index/kuala-lumpur-traffic/

Singapore
https://www.tomtom.com/en_gb/traffic-index/singapore-traffic/

Tokyo
https://www.tomtom.com/en_gb/traffic-index/tokyo-traffic/

Jakarta
https://www.tomtom.com/en_gb/traffic-index/jakarta-traffic/


You see all other major Asian cities congestion levels are nowhere near the two Chinese cities. Even Tokyo also less than 50% and Malaysia about 60% only. When Congestion levels are high it shows there is rising economic activities. So i reckon the Chinese reports on getting back to normal life is true. You guys can dismiss my observation. Anyway it is your money. Win or lose has got nothing to do with me.

Stock

2020-09-13 19:29 | Report Abuse

What i can say is that going forward this PPE investing is going into rougher seas. There will be more wild swings in prices. If you have balls of steel then you can remain in this game. Or else cut win/loss. Whenever there is a positive news on vaccine development investors will start dumping glove stocks like no tomorrow.

Today there is a piece of news on why Chinese vaccines are winning. Read it.

https://news.yahoo.com/why-china-could-poised-win-171820596.html

I reckon China vaccine manufacturer are nearing their completion. By looking at recent opening up of China.and an article titled. "China parties like it is 2019".

https://www.freerepublic.com/focus/f-chat/3881763/posts

What i can say is tat the vaccine is already available in China months back. If not how can they reopen a country with 1,6 billion people. Now don't talk to them about PPE. Nobody gives a damn. The new normal is back to life as before.

So, guys better be careful about investing in PPE counters.

Stock

2020-09-13 19:26 | Report Abuse

What i can say is that going forward this PPE investing is going into rougher seas. There will be more wild swings in prices. If you have balls of steel then you can remain in this game. Or else cut win/loss. Whenever there is a positive news on vaccine development investors will start dumping glove stocks like no tomorrow.

Today there is a piece of news on why Chinese vaccines are winning. Read it.

https://news.yahoo.com/why-china-could-poised-win-171820596.html

I reckon China vaccine manufacturer are nearing their completion. By looking at recent opening up of China.and an article titled. "China parties like it is 2019".

https://www.freerepublic.com/focus/f-chat/3881763/posts

What i can say is tat the vaccine is already available in China months back. If not how can they reopen a country with 1,6 billion people. Now don't talk to them about PPE. Nobody gives a damn. The new normal is back to life as before.

So, guys better be careful about investing in PPE counters.

Stock

2020-09-11 20:53 | Report Abuse

I think all of you better sell this rubbish counter and go to gloves counter. Today most of them rebounded more than 20%. HLT limit up !!

Read what the chairman of Top Glove say today.

https://www.theedgemarkets.com/article/latest-message-top-glove-chairman-asserts-extremely-robust-quarters-ahead-order-buildup


Eduspec got noting to show. No project, no future plans, lost of direction, keep losing money, all sorts of gimmicks like rcps to cheat investors. It's about time to switch over to end your pain and sorrow/

Stock

2020-09-11 09:36 | Report Abuse

Guys, you people is seeing one of the biggest revound in recent months. Supermax able to recover at least RM 2 or hit RM 8 in next few days.

Stock

2020-09-10 14:02 | Report Abuse

Anyway HLT was trading at a low of 0.95 this morning. More than 70% wipe off in two weeks. This what i call pain.

Stock

2020-09-10 14:00 | Report Abuse

If you want to talk about pain in the Glove counters. Take a look at HLT. It managed a high of 3.33 last month. Worst still after two limit ups Bursa issued a limit price trading at about 3.11. On that trading day the queue to buy at 3.11 stands at more than 30 million shares. The following day wen the price limit trading was lifted all the suckers jumped in for quick profits. Now all of them have their finger burnt maybe roasted.

Last month was really crazy. There was a massive retail speculation that relly went out of hand. All the ACE counters went up multiple folds. Even INIX when announced a new substantial share holder from Macao fueled massive speculation. But all those investors never even check who is he investor. It turned out to be "Broken Tooth Koi". A Gangster taiko from Macao. Went to jail in 2012 for murdering someone. So how do you expect a gangster to run an IT outfit?

INIX shares went up to 0.88 from about 7 cents a few months ago. Today it is trading at about 0.26. Dropping almost everyday. Other killers are Anzo, XOX, Bintai, Solution, AT, M3Tech, Connect and so on. Just go to their forum and see how those investors are cursing.