JP Morgan and Dicks who promote RM 3.50 are all in the same team of short sellers. they saturate this social forum as to recreate fear. in a few weeks time, they will lose lots of money when TG reports the next quarterly result in early May 2021

US is using Topglove as the scrapgoat to increase daily wages of workers to be same as in US so that US can also produce gloves at the same price as Malaysia and China. US is losing out because the hourly salary is USD 15.00 per hour. the only way to bring manufacturing back to US is to force the increase in labour wages in Malaysia and China to be on par with USA. Then it is no more competitive to produce outside USA and hence manufacturers in USA will be competitive again. this is the CIA to undermine Malaysia and China glove production.

good analysis. keep TG shares and see the capital gains and good dividends in coming quarters

it takes a few years to end the pandemic even with the vaccine due to the logistic of rolling out the vaccine to the world. some will take it some wont. so the virus will remain with us for a few years due to its mutation as well. Glove demand will be high for next few years as predicted by the glove producers. however, ASP will plateau by 2022 due to doubling of production by end of year 2021. Malaysian top 4 glove producers will make incredible profit for at least 2 years until end 2022. price of gloves may come down by 2023.

good to invest in glove stocks for the next 2 years.

vaccines are not the magic bullets to solve the pandemic in 2021. the practicality of administer the vaccines around the globe will take at least 2 years. hence, demand for gloves are great for the next 24 months. as glove production ramps up, supply may exceed demand by end of this year and ASP may come down in early 2022.

Sapura has total RM 17 billion debts...how to pay to creditors as mounting pressure from bankers to repay??
https://klse.i3investor.com/blogs/kianweiaritcles/188449.jsp

If AA can grow its digital businesses like amazon, alibaba. One day, its digital business will be bigger than its transport business

GE 14 early May. market will be downward bias for next few weeks

Range bound for next 2 months

EPF has stopped selling for the time being. they want to retain 10% equity shareholding in Dialog. hence, the price may go up due to the mini bull run for CNY.

Range bound between 2.40 to 2.50 until january 2018

EPF has been net seller since 1 month ago. If EPF wants to window dressing, should stop selling until next year

Range bound between 2.35 and 2.55 for next few weeks until year end

If Dialog retrack back to 2.12 to 2.15, good time to buy. This is 50% retracement from high of 2.25

If no share buy back from Dialog, can retrack back to 2.12

Next week can buy at 2.16

Not yet time to buy dialog shares. Be patient

Gone up too fast. Will retreat and consolidate in the next few weeks before the next quarterly result in 2nd or 3rd week of November

time for correction by Friday 13.10.17. buy again when it has corrected

KWSP or EPF has been accumulating millions at about RM 2.00. Price should move up in the coming weeks as sellers are exhausted.

good time to buy at 2.00. it will rebound to test 2.08 next week

tomorrow up. 4th quarter news is good

Logically speaking, IWC dont have good chance since dont qualify under RFP by government. Secondly, no mention in the 8 companies which submitted proposals. If the foreign company is awarded by its own merits, why want to jv with local company? Unless it is specified in the award to have local partner.

However, IWCity did a good job to sell land worth rm 2.3 billion to Greenland which is owned by Shanghai Municipality (consider China State Gov).

So the share should go up by 3 sept 2017 if the deal is confirmed. Greenland is doing due deligence now and we will have confirmation on 4.9.17

Those who have travelled to china frequently is amazed by the speed of development in china. President Xi is coming in october to officially open Xiemen University in Dengkil. Most likely winner of BM project will be announced during his visit to malaysia.

China can built and complete whole cities bigger than BM in less than 5 years. Hence, BM is no problem for china to build quickly. But the local demand is weak, hence will take 15 to 20 years to complete based on local demand.

Project is too big for local developer and contractor. Only chinese and japanese companies qualify. Finally, chinese company will win. Whoever wins will do it without local contractor. Local contractors will supply sand, cement only

The RFP by ministry of finance criteria is top 500 Fortune company with 50 billion assets or turnover. None of malaysian companies qualify except Petronas but this is not petronas area of specialty. So no news from them as they know they dont qualify.

Chinese contractors who are building the signature tower in TRX and pavilion elite condo / hotel are super fast contractors. They are efficient and beat our local contractors in terms of speed. They dont need local jv contractors unless instructed by the government as pre condition to get BM. Malaysian contractors stand no chance to win any tender against chinese contractors

Mainland chinese companies execute malaysia projects alone. They dont have local contractor partner as they are financially strong and technically capable. If they have partners, the local partner provide the land while they develop. Example is Forest City with Johor Royalty. For BM, their local partner is Gov of Malaysia (1MDB). If IWCity, UEM, Malton etc participate, the local company must put in equity. There is no free share nor free ride. These chinese companies deal directly with Government, dont need middle man anymore.

The asset of IWCity is turning it to cash of rm 2.3 billion by selling land to greenland. Hence, the price will go up in the coming months. Not in coming hours. Need to be patient if buy this counter

Will test new low of 1.19 tomorrow. If there is a technical rebound, it will go up to 1.40 only

Esos is at 1.50. If > 1.60, employees will sell down from their Esos. Greenland will confirm purchase on 4.9.17, then will pay rm 2.3 billion which is 1.50 per share. Hence, IWCity will range from 1.25 to 1.55 until end of August

Government sources told The Malaysian Insight that Mitsui, Daiwa, China State Construction and China Resources are among companies that have submitted bids to become the master developer for Bandar Malaysia in response to a request-for-proposal (RFP) due today.

Their bids, which are said to exceed US$8 billion (S$11 billion), dwarf the previous agreement to develop Bandar Malaysia that was torn up by the Ministry of Finance (MoF) after certain conditions were not met.

First time IWCity has to pay rm 2.7 billion to government but dont have enough money until sell land to greenland for 2.37 billion. But goverment is asking for rm 35 billion now from new bidder. So even if IWCity get the project,will only can buy with 2.37 billion and end up with minority stake in BM

Low volume today compared to 2 days. Hence, price will drop for next few days. Take opportunity to buy at low price of rm 1.20 in the coming weeks and keep until 4th sept. Be a medium term investor has lower risk

Tomorrow will go lower close to 1.19 because contra players will not pick up at T + 3 on friday

It has rebounded for 2 days already. Tomorrow will open higher but will drop by the end of tge day.

By thursday 21.7.17, will know how many parties submit RFP for BM project. Deadline is 20.7.17.

Todayis a good day to buy at 1.90 if you think it can reach 2.00 by next month. Price dropped due to low oil price now. Institutions are accumulating now.

Buy at 1.90 support

end of June or early July will hit RM 2.00. the price goes up by 10 sen every month since April 2017