@hcthey, Huat888, @warchest, thanks for the info and updates.

Hi All, be it warrant or mother share, we will be equally pleased if they gradually rise up to IPO level...Long term holders know how torture for all these years since 2017 to see it drop bit by bit, which got worsening during COVID.

We hope slowly the up momentum can keep on until it break the IPO price in near future...

@hcthey

the ipo was rm 1.2...if i remember right...

Check out COVID cases today Israil ~1178, US 38k....drop so significantly compared to last week...
Power of Vaccines...

@Fortunemaster@warchest

Hopefully the stock really moving up this round of revival...Covid has stopped certain uptrend...but with Australia and UK handling COVID well for now....Hopefully this counter can gradually move up.


I invested since IPO back in 2017...still keep and averaging down...Hopefully TS LKS justify this business venture, show some good profit and prospect, take it up, higher than IPO, to reward royal supporters and investors with reasonable returns...

At times, higher TP is given, at times, lower TP is given, how many rounds I become water fish?
2, 3?

Something to ponder...

Just to share....not a buy or sell call...

We think ourselves.

Again, up giving hope, and down giving fear, how many times we become water fish?
How many times?

Something for all us to ponder....

Not a buy call or sell call, invest on own study and own risk.

https://www.sinchew.com.my/content/content_2439612.html
https://www.theedgemarkets.com/article/genting-americas-sues-insurers-claim-us500m-losses-two-resorts

Imagine of GENTING win the lawsuit..will definitely help their financial positions
Just to share, no buy or sell calls.

https://www.sinchew.com.my/content/content_2439612.html
https://www.theedgemarkets.com/article/genting-americas-sues-insurers-claim-us500m-losses-two-resorts

Imagine of GENTING win the lawsuit..will definitely help their financial positions
Just to share, no buy or sell calls.

Never too late, there are always boats, a half filled bottle with water, some consider getting full, some consider half empty, depends on how you look at it...

would buy on dip again, even if a small correction I will look at it careful and consider...

The good sentiment now, US senate approved stimulus...the impact will last tonite when US stock market...
Bursa rout today, but nothing is forever, if there is a correction, will seriously consider...
So far vaccination going well, US cases around 40k, UK cases around 5K, Israil around 1.8k, all pointing to a hopeful recovery...

So far recivery stocks going well, oil counters, GEN counters...lets hope for a continous recovery...

Just my thought to shares, not a buy call or sell call. Risk on own.

Israil new cases below 2k, UK around 5K, US around 40k new cases...Pfizer commit vaccines to Malaysia...

All these are pointing to a hopeful recovery....will be very curious on glove demand and profit in near future?

What will happen if WHO declare COVID no longer a pandemic but epidemic?

What will happen to Glove super profit?

bro, please no feud with each other on Oil and GENTING, they both recovery stock during COVID pandemic...no good figting among each other...they are not tight together...:)

@JuliusCeasar,

Thanks, it shed some lights.

I think patience is the key.
Sapura didn't really fly yet, looking at how Armada has made huge progress...

Thanks Julius, But how do we know there are 40k barrel produced by Sapura? In which Oil Rig?

@Godofgambler, how do you know? how to estimate SAPURA profit or income based on oil price per barrel? is there a direct relationship?

Can advise. Thanks

@messi, why fancy consolidate? many counters after consolidate, plunge again, and RIGHT ISSUES, ETC...

Consolidate is not a good sign for me....

Just to share, why fancy consolidate?

its still considered one of good news, at least now inter-district is banned....hopefully another great news coming not too long from now, if situation keep improving...

tough for glove counters tomorrow, impact of MCO-CMCO news ...

MCO-CMCO...implicating recovery is making progress....Tough for glove counters tomorrow...

@Agjl, yes,gradually improving, bit by bit, more and more relaxation...Its a good sign I see it...Though state travel still banned, but looking forward for more and more open upcoming weeks....

Inter district travel allowed, interstate travel still not allowed...

But there is already improvement compared to MCO...

situation improving...thats the key...

Actually I am wondering how much in overall they have bought at below rm 6....Is it significant? compared to their super huge earning, how many shares they bought back?

So many were convinced to buy at >rm 20++ (right after announcement of Bonus issue).
And the shareholders buy back low from a panic market selling now...

And the shares get diluted by going listing in HKSI...

I have difficulty to see how this benefit the retailers....

Can someone enlighten us?

It's a very sad lesson for us.

Just to share, not a buy call or sell call. Invest on own.

Below RM 4 was possible now, JP MOrgan may be right, rm 3.5 could be on its way....BUt even RM 3.5 would correspond to RM 10++, still double to its Precovid value...

How to convince retailers to masuk market? the falling of glove stocks would mean many retailers bought at high value...

Just my two cents to share and ponder...many retailers bought at relatively high...and now many selling tickets at this low to who?

Just some questions for us to ponder...Its tough lesson for us...

Just sharing, not a buy call or sell call.

its dropping again...think, its hard to convince retailers to buy the tickets now, needs to convince markets on the glove demand, glove selling price net profits in upcoming quarters, especially post Covid scenario, despite huge profit and super high glove demand now...

Bear in mind, current share price is till rm 4 (4x2 = rm8), as compared to PreCovid level rm 0.8

Supermx share price : RM0.8 in April 20, now (RM 4x2 = RM8, considering Bonus issus 1:1).

8 folds higher than PreCovid....how on earth this is considered super cheap now and postCovid?

So current share price is still close to 7-8 folds higher than PreCovid price, and how this would be impacted PostCovid with many new players coming to join?

need to show some convincing prospect in 2022 and onwards, to attract retailers to buy their tickects....

Just my two cents, not a buy call or sell call. Invest on own risk.

its dropping again...think, its hard to convince retailers to buy the tickets now, it will be same in HKSI, needs to convince markets on the glove demand, glove selling price net profits in upcoming quarters, especially post Covid scenario, despite huge profit and super high glove demand now...

Bear in mind, current share price is till rm 4.7 (4.7x3 = rm14.1), as compared to PreCovid level rm 5++

So current share price is still close to three folds higher than PreCovid price, and how this would be impacted PostCovid with many new players coming to join?

Topglove need to show some convincing prospect in 2022 and onwards, to attract retailers to buy their tickects....

Just my two cents, not a buy call or sell call. Invest on own risk.

top glove pre-COVID around rm 1.6 (PreBonus Issue 1:2)
Now RM 4.8...

How long it can dip?
or How high it can go?

Dunno, study yourself.
Just to share, not a but call or sell call.

https://www.dailymail.co.uk/news/article-9310179/Israel-roaring-life-t...

Will COvid ends earlier than expected...can our life resume to normal just with facemasks on and social distancing..?

Lower cases reported in worldwide:
US new cases: 50k
UK: 6k
ISrail 2.4k
01/03/2021 4:00 PM

https://www.dailymail.co.uk/news/article-9310179/Israel-roaring-life-thanks-Covid-jab-passports-gyms-swimming-pools-open.html

Will COvid ends earlier than expected...can our life resume to normal just with facemasks on and social distancing..?

Lower cases reported in worldwide:
US new cases: 50k
UK: 6k
ISrail 2.4k

gamestop...

@stockisnotfun...agree

That is what I understand too, one commentor give verdict on price war on possible over supply and to kick out new players, after COVID pandemic end.

Onother one is in opinion the downside are more especially the WHO declare an end to the pandemic...


Just to share...

Tough for glove counters

down somemore...

RM 3.5 JP Morgan TP is not a joke anymore...Supermx close in on rm 4...
Tough for glove counters...

Now already 50 sen...

I am very confused, sometimes target price given is very high, sometimes it is low. and now high again...How many times???

Can someone enlighten us on impact of going listed in HK? Will that help for Top Glove share price?

So after go listing in HK., share diluted or how? and will HK and China investors flood in to buy up the top glove???

if so, why are they buying up? and what happen if they are not buying up for now...

What is the consequence, pro and cons of going listing in HK?

Thousand questions here, hope some expects studying finance/economic can answer...

Tq in advance.

Tq @Flying Fox (28/2)

@Flying Fox (28/2) 八点最热报: 手套股的黄金岁月已不再，手套价格割喉战即将爆发！
https://klse.i3investor.com/blogs/happy/2021-03-01-story-h1541945352.jsp

Good info...Got good points there which were summarized in below:

It will be very tough for gloves when (if) WHO declare end of Pandemic!
The oversupply in gloves after PostCovid + new comers (Mahsing, etc) will ignite market competitions so that glove price may dip.

When Covid end, over supply, more market players, what will happen to profit for glove counters?

What will happen in glove share price???

I was considering to load some for long term at around rm3-4 due to good CAGR for top glove, but now I will reconsider, wait til WHO declare end of pandemic, and if more players coming in and if glove price dip...

Very tough for glove counters now....

Just sharing my thoughts, not a buy call or sell call. Invest on own risk.

@soulless, at current price around rm 5, this corresponds to rm 15+ Pre-Bonus Issues (1:2). So current rm 5+ is not pre-COVID price.

Pre-Covid price is actually around rm 5 / 3, which is around rm 1.6++, taking into consideration of bonus issue 1:2 in Sep20.

So current price is like RM 5++, compared to preCovid price around RM 1.6++

Just to share. Not a buy call or sell call.

breaking down to rm 4.9++...is rm 4.5 coming?

https://edition.cnn.com/2021/02/25/world/meanwhile-in-america-february-25-part-2-intl/index.html

What life is like in countries where Covid-19 vaccination is increasingly a success...

https://www.bloomberg.com/news/articles/2021-02-24/pfizer-biontech-shot-could-help-end-pandemic-israel-study-shows

Some news to cheer us up, our world is hopeful....

https://edition.cnn.com/2021/02/25/world/meanwhile-in-america-february-25-part-2-intl/index.html

What life is like in countries where Covid-19 vaccination is increasingly a success...

https://www.bloomberg.com/news/articles/2021-02-24/pfizer-biontech-shot-could-help-end-pandemic-israel-study-shows

Some news to cheer us up, our world is hopeful....

https://edition.cnn.com/2021/02/25/world/meanwhile-in-america-february-25-part-2-intl/index.html

What life is like in countries where Covid-19 vaccination is increasingly a success...

Gloves counters share price shot up unexpectedly high last year, its now dropping fast too as market is forward looking,

Kossan is an obvious example, shooting up from RM2.5 (April20) to RM9.75 (Aug20), dropping from RM 9.75-RM3.75...

JP Morgan may be getting it right...

RM3+ for top glove is not impossible in upcoming months as the world is progressing...
Wondering what is the Top glove share, stable price by year end...

Anyway, it's Chap Goh Meh today, Cheer up guys, happy investing. Take care.

@FortuneBlooming n other long term financial advisors...

Thanks for enlighten us, But to be honest, I prefer to invest later at rm4 or 3++, so that whatever yours calculation yield, would be almost double in 10 years time...

Whatever your comments sound logic, but I prefer to collect it at rm4/3, let it settle through the volatility until the glove demand saturate, until top glove price settle with this post Covid glove demand and orders, that would be a new beginning of this Top Glove growing with good CAGR, isn;t this is a better entry point?

Just my thoughts to share, not a buy call or sell call. Invest on own risk.

@chensk, yes, that is part of use of gloves, to avoid transmission, what happen to the Covid test, postCovid era, after mass vaccination,possibly herb immunity attained?

With vaccines, covid cases drop, hospitalization number drop, required covid tests drop, so it still affects the Globe demand signifcantly...and Glove price are very sensitive to demand...

@thor85 even now there are people traveling with AirAsia, those teachers, civil servants, and oil rig workers, I seen them travelling from West to East Malaysia constantly, of course, with quarantines and swab tests, why not in the year end?

There should be quite some large population vaccinated with possibly vaccine green pass year end, isn;t?

Airasia recently just done partial pp, and pending for remaining pp, after which the share values should get diluted...and airasia no more in India, Japan focusing mainly at their base here, it is still making loss I suppose.

I think timing is important to get into any recovery stock and to get in/out from any medic stocks.
Just my two cents, just sharing here, no sell or buy call.

Disclaimer: Invest on own risk, risk on own, study own analysis before investment.

Actually normal vaccines need not to be 100%, there is certain threshold required to be, even 60% is acceptable...That's what you get with most available vaccines nowadays.

My two cents to share.

A lot of people do not know where these gloves are criticallly required during Pandemic....

The needs of glove are high due to COVID hospitalization numbers because gloves are required to handle the COVID patients to prevent transmission of virus.

When hospitalization numbers in most affected country US drop significantly from 300k to 50k plus (as of 23Feb21), the glove demand will be certainly question in near future.

China has less than 100 cases daily, India is below 15k daily, even UK has dropped now to below 10k, so as many European countries...SO how would be the glove demand in upcoming quarters, the big questions will be on whether the advance orders, so called early booking and orders queuing till 2022, will these orders and booking still remain effective and materialized?

If glove demand drop, can they sell at current high price?

When the demand in US drop, can glove huge profit margin stay??

If that materialize, say in Summer, number of COVID in US drop to below 10k daily...Its a huge blow to gloves business, and in my opinion, even rm 4 share value would be overpriced for the glove stock at that time because that would correspond to rm 4x2=RM8 ...preCOVID level.


The share price rm 5++ now for Supermax, it corresponds to rm 10++ actually (1:1 bonus issue).
PreCovid it was rm 1+, now rm 10++ effectively. Do you think it is good bet now, and what about after Post Covid the reasonable share price should be??

My two cents, not a sell call or buy call. Good luck.

(Disclaimer: Do own study, invest on own risk, risk on own bet. The above is only sharing of personal opinion, not any call)

A lot of people do not know where these gloves are criticallly required during Pandemic....

The needs of glove are high due to COVID hospitalization numbers because gloves are required to handle the COVID patients to prevent transmission of virus.

When hospitalization numbers in most affected country US drop significantly from 300k to 50k plus (as of 23Feb21), the glove demand will be certainly question in near future.

China has less than 100 cases daily, India is below 15k daily, even UK has dropped now to below 10k, so as many European countries...SO how would be the glove demand in upcoming quarters, the big questions will be on whether the advance orders, so called early booking and orders queuing till 2022, will these orders and booking still remain effective and materialized?

If glove demand drop, can they sell at current high price?

When the demand in US drop, can glove huge profit margin stay??

If that materialize, say in Summer, number of COVID in US drop to below 10k daily...Its a huge blow to gloves business, and in my opinion, even rm 4 share value would be overpriced for the glove stock at that time because that would correspond to rm 4x3=12 ...preCOVID level.

Top glove share price with best CAGR, cannot also appreciate 300% in less than two years in history. So, even rm 4 (rm4x3 PreCovid) would be overvalued with the glove demand drop sharpy in near near future.

The share price rm 5 now for top glove, it corresponds to rm 15++ actually (1:2 bonus issue).
PreCovid it was rm 5+, now rm 15++ effectively. Post Covid the reasonable share price should be??

My two cents, not a sell call or buy call. Good luck.

(Disclaimer: Do own study, invest on own risk, risk on own bet. The above is only sharing of personal opinion.)

gloves are needed due to high hospitalization cases in US, Europe...with number continue to drop US now 50k++, the demand in glove is gonna drop.....

what happened to GENM? sudden drop?

https://www.thestar.com.my/news/world/2021/02/23/us-covid-19-deaths-fall-for-third-week-as-cases-see-steep-drop

Gloves high demand in ?? after a steep drop in COVID cases in US...

What will happen to glove high demand if cases in most affected country-US drop to below 10k?!
China, India are almost done with COVID, UK, Germany are seeing a strong decline in COVID...