@consultant, don't think will go down to 6.30, it might rebound in the evening based on hourly chart

EPF keep on taking advantage on the retailer with the retailer money

don't worry guys.. IB have no appetite with OG now..when they come back it will be a multibagger counter.. no harm done to hibi with higher OG price..the higher the price..the lower our risk would be with 50c+ ticket..

no one even bother to comment here..Peter Lynch type of stock pick..awesome..3 bagger in the making

I wonder how long can the shorties hold..

Don't know why price can't move, but we are pretty sure with the oil price, financial result is getting better every Qtr..

holding my ticket tight tight~!

1 warren will do, he had 120b sitting on the sidelines. TG is only a USD14.5b company. He can eat it alive for lunch

Are we the Avengers or Revenger?

Melvin Cap needed 2.7b bailout for shorting GME. All the best JPM.

Would TG be US Gamestop with 200+ million shorts?

i don't think GCB have the capacity to do a buyback now.. I'll be the first to run if they are using their sukuk to do a buy back

RM3.5 memang can come if Tan Sri decide to split the stock 2:1 again..

drop under 200 MA..tak baek mcm tu

no eye see..

i feel for shorties.... according to JPM forecast.. from 5.60 to 3.50..its suppose to be half a billion profit for them

10k production, 50+ Oil price, 2 new awarded license in UK and potential purchase of new asset in Malaysia, the company is moving to the right direction, but the price didn't reflect the company potential..this what we call price discrepancies. I'll increase my position when it goes down 55c and below to average down my current price

TG making 3b profit without US..who care Biden gonna extend ban or no..

with 152m paper loss, IB Risk Department would be making a lot of noise now...

Thanks @micsoh, I should be out before 3Q, am not to worry with TG now as their book order is full for the next 560 days

https://www.theedgemarkets.com/article/maybank-kim-eng-says-keep-some-glove-stocks-your-portfolio IB narrative starting to change as expected

By knowing uncle lim have few billions to spare in his account, shortie need to use the balance bullet wisely..

@micsoh, i'm in TG since last month when EPF is leaving, however, i still earn 2.5% yield from dividend for my one month investment and expecting another 2.5% to 3% in upcoming qtr..by looking at their value, should they sustain with last qtr earning for the next 3 qtr..they should get 1.16 EPS for 2021, and the PE would be 5x from their current price, however, TG lowest PE for the past 5 years is 15x

I'll take my chance!

@micsoh, no worries the price increase on oil price may not reflected on our pricing now, but when it is shown in the upcoming qtr result, the price will follow. cheers~!

Dont worry what the shorties is doing..we have aproximately 6 to 7 weeks for TG record revenue and dividend... Just hold ur ticket tight tight.. Shortie time is ticking

the Exxon deal is rather quiet, anyone know what's happening?

..sudah mahu terbang

Just do a simple off hand calculation of possible TG pricing in a year from now.. due to the Order Book is full and assume the upcoming 3 qtr having the same profit. Hence EPS 29c x 4qtr @ RM 1.16.

TG PE is usually 15x for the past 5 years. however, we just took half of the usual PE to 7.5, we are getting 8.70..

@apple168, no worries if they make it undervalue, this is what Buffett call it Margin of Safety..

@Dangel, if the oil price sustaining around 50+, the momentum will eventually come. Getting Hibi at 50c+ ish on a these kind of oil price is a no brainer.. even without any new asset, we are looking at 700m+ annual revenue for Hibi with today pricing..

@prime. Mean shortie is closing soon?

@pingdan. Revenue up not necessarily push up profit which might due to higher cost on material, high expenses, higher taxes or forex rate fluctuation.

uptrend in the making~!!

hmm..is it a loophole that Hibi allowed CRPS to convert its share eventhough they haven't get any asset yet.. would there be any cap on this conversion??? It will be a nightmare for existing shareholder to get 2b Value of CRPS converted into shares without any new assets..

@cooljay, we may need to hold until the new factory is operating on 2Q21

@alvin, but i never leave..my average price is 6.60..hope your TP 9 will come before CNY..huat sama sama~!

Uncle Lim eating shorties for lunch

Suppose to be a short term trade for me..now I guess it turn into a long term investment..lolx

shorting a company which have billions of cash in bank and expected a few billion more to come in the next few quarter is risky investment for shorties..

Shorties have chosen the wrong counter to short.. if they shorted AA.. they should make money now..

aiyoyo..everyday no show here..

with current oil price, hibi easily a 70c counter..

@newbie, fully agree but it will be a good narrative to built for the IB to push it up again..

@newbie. finally good news starting to come.. next would be US uplift the ban on TG..sure fly back to 9.50

All of sudden..the recovering stock ain't recovering anymore..soon IB will have another narrative on glove counter and set a higher TP again...new narrative might start from JPM and Mcquarie

575 while oil price is 50ish make no sense..with current pricing, Hibi revenue should be up by 30%.. thanks IB or boss to push it down for the 3rd trench of CRPS.. will get more Hibi ticket..

Actually I'm kinda miss shorties...it's been a long time... shorties is friend for long term investor..they short the price so that we can get cheap fundamental stock

won't u wonder...who bought the 200m+ share today while everyone is doom and gloom in glove counter.. certainly not the retailer

If u are a season investor. Its just a knee jerk on RSS. Wait till IDSS is back. It may fall more. It will be a shock for those newbie retailer who never felt Shortie before

drop to 2.66..apa dah jadi sini..