this usually means it is still not yet confirm.. but once it is confirm, then price fly up lo...

NTA = $1.89.. so the price should not be lower than that...

in fact some of the glove manufacturer which has become so big, can also easily buy over CCM...
then their chemical supply will be at optimum level and they can supply to their competitors :)

hopefully buyer can give a good price and good general offer ...after that they can replace those poor mgmt team and take this company to the next level..

CCM supplies a range of checmicals to the gloves manufacturers and it is building a big facility in pengerang johor to cater for that

https://www.ccmberhad.com/polymers-product-range.php

DSAI sepatutnya present signed SD declaration of support.. tapi kalau itu pun takde, maka hanya cakap kosong shj

If result good, can play up like prolexus

boleh limit up macam prolexus... ?

pmcorp same boss as ASB?

mui, muiprop, asb.. counter anwar

muiprop the FA bagus..

minggu depan hadap DYMM.. mungkin counter anwar akan naik minggu ini dan minggu depan?

Anwar naik, mui, muiprop , asb naik.. goreng ..

Bad news for gloves.. vaccine will be out by this year end..2020
https://www.channelnewsasia.com/news/world/covid-19-vaccine-who-covax-tedros-year-end-2020-13213088

Bad news for gloves.. vaccine will be out by this year end..2020 according to WHO
https://www.channelnewsasia.com/news/world/covid-19-vaccine-who-covax-tedros-year-end-2020-13213088

today drop is due to trump :)

1)trump fast recovery
2)trump taking off his mask
3)trump says vaccine will be out momentarily

President Donald Trump says COVID-19 vaccines are coming 'momentarily.'

https://www.usatoday.com/story/news/health/2020/10/05/donald-trump-covid-19-vaccine-momentarily/3632646001/

EPF is net buyer... they are buying topglove

EPS 13.67 sen per qtr.. 4 qtr = 52 sen...
now is damn cheap.. PE = 2 or 3X only..
the margin for reusable mask is higher than glove..
company cash position has also increased to $100 million in cash..

well definately top glove is the #1 glove company in the world.. so it wont be lagging say supermax for long...

calvin tan reseach is right about prolexus..
latest earnings is 13.5cents a quarter.. full year if annualised the earnings could be 52 cents a share!
so now the PE could be real low and cheap for prolexus..

donald trump get corona shows the covid 19 is not contained..
and this is bullish for gloves and top glove..

TG should go up.. with donald trump getting covid.. shows that the virus is still not within control...

i think if u look at scgm..earnings compare to prolexus... scgm is nothing..
so if scgm can reach $3.. prolexus also at least heading there ...

calvin tan research is right... it seems.. prolexus going to go to $3?

the PE only 2X (if annualising the profit)

the most undervalued PPE counter..supported by phenomenal earnings...

big buying, still super undervalue

yes, it has got the potential like scgm before scgm share price shoot up to RM 3...its earnings much higher than scgm..
now still cheap.. at 92 cents only..

still very cheap.. base on fundamental and financial results..

it may/can well rise further.. base on its financial results now supporting its share price..
previously there is no fundamental to support its price but now with the good results it will support higher prices..
insider also has been buying back the company shares... which is another good sign

calvin research still holding this gem?

calvin reseach is right... latest PRlexus earnings is super amazing.

The single quarter EPS for FY20Q4 is 13.67sen. You can guess its next few quarters' results and calculate by yourself its projected forward PE at current share price of 78sen.

PE is like 2X earnings.. if annualised 13.67 x 4= 52 cents.
PE = 95cents/52 cents = 2X!

so if SCGM can go to $3... i think PRLEXUS can go to $3 also...
now very cheap..

company cash also almost doubled to 100mil!

fantastic earnings !

truely a gem.. latest results shows

SCGM the EPS is only 4cents per quarter..share price = $3
while,
PRLEXUS EPS is 13.67cents per quarter.. share price only 94cents! it should be $3.. in long run..

EPS this quarter itself is 13.67 cents.. so if just by annualising will be around 52 cents per yr....!

with the much better results even compare to SCGM.. PRLEXUS should be trading at RM 3.

see if can limit up today

previously it can limit up, if gloves counters sentiment is good...now sentiment is good

previously it can limit up, if gloves counters sentiment is good

nxt few days will be uncertain..
as DSAI seems to have team up with the some from umno+dap+amanah.. weird..

new PM DSAI may cause mkt to be not that good

all the high flying glove stocks just beginning to drop..
it hasnt crash like the dotcom bubble yet.. if it crash it will be considerably worse..

its the end already.. once vaccine announce in Oct to Nov, there cld be another round of selling....

I think glove company share price already factor in whatever good news.. 
Now at the high point, IB will just continue to sell and downgrade and it will drop the most once vaccine come out in oct or nov 2020..according to trump..

Post removed.Why?

The key risk is once vaccine comes out , gloves demand and stocks price will be affected.......

Trump said, vaccine will be out by Oct 2020:

https://www.youtube.com/watch?v=VlBd7zxfhhs