after vaccine no need to wear glove dum dum?

Heard they are rewarded more glove contract so I guess maybe they ramp up production even quicker?

Hope it's true

The supposed 10 billion per annum by June?

The challenge is 0.2

See the volume at 0.18

0.2 resistance

Klci at 1501

https://mobile.twitter.com/NewsBFM/status/1320770186274697218 time to fly

*Traders Brief - HLIB Retail Research*

*Volatility ahead amid internal and external headwinds*



KLCI: 1494.6 (-0.0 pts)
DOW: 27685 (-650 pts)
FCPO: RM3069 / MT (+127)
BRENT: US$40.4 / bbl (-1.3)
USD: 4.1628 (+0.0061 pts)
SGD: 3.0616 (+0.0041 pts)
EUR: 4.9222 (+0.0008 pts)
GBP: 5.4213 (-0.0202 pts)
US: 10-yr yield (-0.05 to 0.79%)
BNM: 10-yr yield (+0.02 to 2.65%)

Cut off time: 8.15 am (27 Oct 2020)


*Global* Most Asian markets started the week on a sluggish note as surging Covid-19 cases worldwide and a stalemate in Washington over the coronavirus stimulus aid darkened the global economic outlook and sapped risk appetite. Overnight, the Dow plunged as much as 965 pts to 27370 before paring the losses to 650 pts at 27685, as investors were unnerved by fears about Covid-19 resurgence and the continued deadlock in reaching a fiscal policy package coupled with heightened uncertainty over the 3 Nov election outcome.


*Malaysia* KLCI tumbled as much as 12.5 pts to 1482.1 as sentiment was dampened by lingering worries of Malaysia’s economic impact amid spiking Covid-19 cases and clusters coupled with uncertainties ahead of the US presidential election (3 Nov) and the Budget 2021 presentation (6 Nov). However, KLCI pared early losses to end flat at 1494.6 on bargain hunting activities following Agong’s rejection of an emergency ruling in Malaysia and warning to MPs to stop any form of politicking that will disrupt the stability of the ruling government. Market breadth was bearish with 256 gainers vs 790 losers, as small-cap and ACE stocks witnessed strong selling forces amid sliding ACE (-3.6%) and Small Cap (-1.3%) indices.


*Outlook* Following Agong’s rejection of emergency ruling in Malaysia and UMNO’s supreme council decision to continue to support PN government, KLCI may stage a mild rebound today with upside capped near 1507 (uptrend line support from 1474) and 1521 (23.6% FR) while supports are pegged at 1482-1474-1461 levels. Nevertheless, the benchmark index is likely to be stuck in a tug-of-war between the bulls and bears ahead of the US presidential election (3 Nov) and the Budget 2021 presentation (6 Nov) coupled with an exponential surge of coronavirus cases worldwide as the winter season begins in the Northern Hemisphere. In Malaysia, the CMCO extensions in Selangor, KL & Putrajaya for another two weeks till 9 Nov 2020 (contributed over 41% to national GDP) amid spiking Covid-19 local transmissions and clusters underline risks to 2H20 economic and corporate earnings recovery.


Stocks wise, we believe technology and healthcare-related stocks are deemed to benefit from a prolonged virus pandemic. HLIB’s institutional research top picks are *TOPGLOV (TP RM13.00), HARTA (TP RM24.10), KOSSAN (TP RM9.15), MAHSING (TP RM1.41), PHARMA (TP RM5.94), FRONTKN (TP RM4.10), INARI (TP RM3.28), UNISEM (TP RM5.21), POS (TP RM1.20), VS (TP RM2.92) and UWC (TP RM8.88)*.


DISCLAIMER: https://www.hlebroking.com/v3/disclaimer.aspx

Take note at 0.98 and 0.985 uncoordinated retailers can't do this. This is funds

Dumbasses, this week is financial results for harta, will limit up multiple times that time

That's where you are wrong. The damage is already done from the announcement of a potential darurat. But if Luster is jackshit, believe me that it'll go below 10 cents terus. Suggest you wait for the next qr result in nov. People will start chasing then

Knee jerk selling from the potential darurat, over by today

Knee jerk panic, over already

By the time vaccine comes you would have grown a pair of tits

Very hamsap. Ham 30 cents terus

hahaha nobody selling then what, all have to buy higher alr

You do understand using historical data for technical analysis is a bad idea for this stock right? The rise was on the prospect of a glove venture. And if you look into the calculations of even the highest TP, you'll realize the valuation gave are too conservative at best.

when local IBs still not selling major positions, you know there's still legs. Easier for this to go > 5bil market cap than big 4 crossing and staying 100bil for long.

Property biz. Check
Plastic biz. Check
GLOVE biz. Check

Do you realize that they can anytime add more production lines when situation doesn't get better by December? And adding production lines is the least to be worried about amongst other things that would have be done along this timeline.

Even after the pandemic, they would still be properly hedged against market risk.

I know it sounds terrible to invest in a company that does not produce gloves yet. But it's getting more and more unlikely we'll get a vaccine before late 2022. If there's indication of that, cool, slow down on the production lines. No overcommitment and still make a profit. The key is that glove demand is unlikely to simmer before 2023. Good two years to get free production lines and a more diversified business, what's not to like. At the current price, you can guess how much the market cap will be, if they were included in the Top 5, conditional to the glove demand. More glove demand More factory lines No problem. After all they have cash reserve and fundraising.

This is a truly, pandemic or not, good stock.

Next week up!

Rakuten force selling it's normal, no need to panic

Lmaooo. Brace yourselves for next week. Fly to the moon

Last call next week limit up at least twice

Penta ceo is the director? Wtf all in. Shoot to penta price by 2021 haha

Interesting. Probably not a bad idea to bring out the bucket tmr

Ahem, you got balls.

This is to Choi

How many % of your portfolio is this?

Monday break 9 oso not bad.

At this rate, it'll go 9.5

Once 8.6 broken, all the up

19000 haha what a joke

9 today?

Expect rally tomorrow as well

Later when TG signs a vaccine contract, I think some of these cocksuckers won't anymore to say

https://www.tgmedical.com/

Tmr nobody sell. IB sell at 8 again? HAHA

https://www.facebook.com/kcchongnz/posts/4669097006464342

You're the definition of a dumb fuck. I won't participate in any reasonable discussion with you except in calling you names, so I suggest you to stop. You're not getting anymore attention.

Tan Sri playing chess with these IBs

My god. How stupid can you be gnath

What kind of operator has 72mil out like lol. Use brain pls

More money coming in comes the election

All in before too late

https://youtu.be/FME7Llg3w7w

Morpheus61 When the retailers buy and hold, these IBs really game over

In the stock market crash earlier this year, TopGlove did not see a fall. Hence, I put my money in TG. Many will follow suit.

gnath_77 from ur previous comments and precious stocks, I doubt you're a non-goreng investor.

You are kinda showing your hands here, don't know why I thought you are helpful in the first place.