Buy before warrant approve

The steel market extended its upward momentum into April, with Shanghai steel futures rising above 5,000 yuan a tonne for the first time ever ahead of a seasonal recovery in demand and uncertainty over supply after top steelmaking city Tangshan pledged to cut emissions by 50% during days of heavy pollution. Domestic demand is likely to be spur by strong construction and manufacturing activities over the coming peak season. China’s property and infrastructure investment surged 38.3% and 36.6%, respectively, in the first two months of 2021 as the economy consolidated its recovery from the coronavirus blow; and industrial profit surged 179%. Latest data from Worldsteel showed most regions reported a decline in crude steel output in February, led by North America (down 8.9%), the European Union (down 7.1%) and Africa (down 6.4%). On the other hand, China the world's largest steelmaker produced about 83 million tonnes in February 2021, up by 10.9% from February 2020.

Whole world is bullish except Bursa. What you expect from the back door!?

Go go

Shift to Metal counters. Glove was Past

Malaysia lousy. Whole world is BULL.

2019/2020 : Glove

2021/2022 : Technology

https://www.bloomberg.com/news/articles/2021-02-21/pfizer-biontech-shot-stops-covid-s-spread-israeli-study-shows?srnd=premium-asia

Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, said that the declining Covid-19 numbers are good news, but warned against complacency.

"We’ve just got to be careful about getting too excited about that because we do have the challenge of variants," he said. https://cnn.it/2Zjdv30

https://www.vir.com.vn/hai-duong-locals-up-in-arms-over-new-jaks-power-plant-81633.html

RM0.50 to lure people blindly invest into AT.

World vaccination was the fact. Glove counter shall profitable but investors are looking into recovery theme

Post removed.Why?

agm soon,

Post removed.Why?

https://www.thestar.com.my/aseanplus/aseanplus-news/2020/10/07/china039s-experimental-coronavirus-vaccine-appears-safe-study

Post removed.Why?

Vaccine is coming?

https://www.theedgemarkets.com/article/chinas-zodiac-invest-rm15b-malaysia-develop-5g-chips?type=malaysia

JHM is their supply chain??

https://www.theedgemarkets.com/article/chinas-zodiac-invest-rm15b-malaysia-develop-5g-chips?type=malaysia

JHM is their supply chain??

Beautiful

5G & LED

RM0.30 is coming???

Vaccine soon?

Vaccine is coming?

Coming next 1-2 years will be EXPONENTIAL EARNINGS GROWTH!!!

Still, Top Glove believes it has yet to see the peak of its *exponential earnings growth*, which will be fueled by soaring demand for rubber gloves and higher average selling prices (ASPs).

"While this may be our most outstanding results to date, prepare to watch us break our own record in the upcoming quarters, because our best days are still ahead," Top Glove executive director Lim Cheong Guan said in a virtual press conference via Zoom.

He added that strong orders and demand are expected to continue for the next one to two years. In 3QFY20, sales of nitrile gloves jumped 47% year-on-year (y-o-y), natural rubber gloves sales leaped 8%, and surgical gloves sales rose 21%.

When market is Down, all comments turn Negative. When market is Up, all comment turn Positive.

Please wake up, share marker is up and down, not straight up.

Margin squeeze add Fire to correction

Due for correction

NTA is RM0.40 above.

Volume and Uptrend, RM1.03 is coming

See you at 12 cents

Time to move to Industrial from Glove (Move to fast, due for correction anytime). Reopening economy will benefit industrial.

Enough for me.

JAKS is 2019 and history already due to Covid.

Now look at 2020 onward

OTB recommended Supermax and Comfort and MTAG.

All 3 will make you rich enough soon.

MTAG is selling Glove, PPE and Respirator products.

MTAG also link to DYSON ventilator.

Supermax has RM218 million of cash and RM472 million of borrowings.

Supermax up almost 210% from the time we spot it.

MTAG has RM100 million of cash and Zero of Borrowings.

We spot MTAG last 2 weeks.

Will MTAG up above 100%?

MCO still have people ride Bus???

Must have in your portfolio:

Mtag and Supermax

Posted by Springtime > May 20, 2020 5:51 PM | Report Abuse

Next quarter the profits will double again due to increase sales, increase selling price and lower production costs. Profits will be easily 150million for next quarter and share price will match Harta at RM10

FOR SURE.....

MTAG TP-RM1.12....................DONT MISS FRIENDS

The current market conditions favour Supermax Group, and our outlook is expected to remain strong for at least the next 1.5 to 2 years, while a vaccine against COVID-19 is still under development.

The pandemic has brought Supermax Group bumper profits beginning March/April, 2020, for both the Distribution Division from the 7 countries where Supermax Group operates and the Glove Manufacturing Division in Malaysia.

TP - RM10.80 IS NOT A DREAM FROM ONCE NEXT QUARTER RESULT COME OUT.

RM3.9x buy during last 2 days correction.

Thank again.

TP10.90 above

Dow Futures Fade Because Vaccine Won’t Stop Virus Second Wave

MARKET NEWS
May 19, 2020 11:25 AM

https://www.ccn.com/dow-jones-vaccine-wont-stop-second-wave/

Date 27.04.2020
Author Jo Harper
Related Subjects Exports, Coronavirus

The US Embassy in Malaysia tweeted on March 27 that "The world is depending on Malaysia" in the fight against COVID-19. The embassy wrote how 65% of medical gloves used by "the great American heroes" and their counterparts worldwide were made in Malaysia.

The same week, the EU's ambassador to Malaysia urged Malaysian glove manufacturers to "get creative" to ensure 24/7 production to meet the EU's urgent demand for gloves.
Meanwhile, the British health service, the NHS, spent 75 million pounds (€88 million, $95 million) on rubber gloves in 2018, most of them sourced from Malaysia, and in March the UK government bought 88.5 million gloves from Supermax, the European arm of a Malaysian firm.

At the time of the tweet, the US government had just lifted sanctions imposed six months before on Malaysian glove manufacturers suspected of forced labor. Two Malaysian glove manufacturers, WRP and Top Glove, had been accused of mistreating migrant workers, subjecting them to forced labor, forced overtime, debt bondage, withholding wages and passport confiscation.

Top Glove, which makes one in five gloves globally and can produce 200 million natural and synthetic rubber gloves a day, denied the allegations and went back into full production.


https://www.dw.com/en/rubber-glove-shortage-exposes-migrant-worker-abuse-in-malaysia/a-53256054

>>> US AND EU WANT MALAYSIA GLOVE MANUFACTURER TO PRODUCE 24/7 PRODUCTION AND THEY PREFER SUPERMAX, NOT TOP GLOVE DUE TO MISTREAT MIGRANT WORKERS

TP10.80 is making

Manage to get RM3.9x .

Thank for this corrections

Supermax love by Europe. Due to high Covid case in Europe and UK, Supermax gloves pick up very STRONGLY”

https://www.theedgemarkets.com/article/supermax-clinches-nhs-licence-supply-gloves-uk-hospitals