TUAPUIKIA
can you explain to me why you consider this counter is cheap if it below RM0.70. i dont see any fundamental proven this counter is cheap ..

genm is very good company and cash cow ... but i think now is not the right time to enter ... keep monitoring this counter

@infinity888 what are the criteria or term that bursa to issue PN17 toward a company

jusforshare how come you can use TGsg compare with TGmy

but always remember to manage average price your portfolio..

yeah ... correction is healthy guys ..

please add me tq

hahahaha laugh die me .. limit up hahaha .. u really dare to say anything

no idss is more benefit to IB to big cap counter

@only_best_buy oh ya ka ... high volume ah ... then you go buy la ... no need keep promote promote here

@cikam
you wrong ... oil & gas still not in the trend
maybe next month will announce buy topglove

intention is doesn't mean any ... also entered MOU also doesn't mean any... cause it can lifted without any reason... that why most of the investor have to understand this term ...

penny stock still believe in T3 ... adui ... always find yourself excuses

one thing i salute to permaju holder
dare to invest in
-continuous loss making company
-daring to catch this kind of falling knife with this kind of company fundamental
- 2 weeks drop 60%++

no offence ..

@didi omg ... you use carepls compare with comfort ...?

i still don't understand why nowaday people love to chase goreng counter and loss making company ? never study history ... always trust the nonsense news ... with only 30mil market cap company to take over 300mil company ... meanwhile you believe kancil are fastest than Mercedes

1 morning already drop 23%

agreed @witan

guys ... you have to trust yourself on your investment ... please don't take it as a gambling .. i trust my investment in MYEG will bring something to me ... so i no worry when this morning drop 6cent... TRUST yourself will made you sleep well every night

guys ... try to calculate la ... how many EPF and KWAP Acquired and disposed ... adui ... dispose sikit sikit sudah bising

mf and secretinvestor8888 this two idiot has been spreading bad and false news amongst all the glove counter to grab ticket ... the saddest thing is got people fall in they trap ...

if genm really fall to RM1.60 i will pawn my underwear to sapu it

guys ... the acquisition of latexx partners berhad competitor is TOPGLOVE, are you guys still dreaming ? think first before act

anyone is attending AGM ... mind to share info .. ?

still got people promoting Astro and permaju .. what a joker

letter of intention is nothing... just to notify the intention to acquire only ... just for goreng news

still have long way
1 . letter of intention
2. Mou
3. finalized MOU
4 Sale and purchase agreement.

huge blocking RM14.7

pity topglove ... keep on been pressing ...

NST Business

KUALA LUMPUR: Rubber glove manufacturer Latexx Partners Bhd is being sold by its

Austrian-based parent Semperit AG.

In is understood that Latexx Partners, which was delisted from Bursa Malaysia in June 2013 following its takeover by rubber and plastic products maker Semperit, would be sold for about RM300 million.

Top Glove Corp Bhd and MQ Technology Bhd (MQTech) have emerged as the frontrunners to be the new owner of Latexx Partners.

Latexx Partners has manufacturing facilities at Kamunting Industrial Estate in Perak.

It was taken private by Semperit at RM2.30 per piece and its warrant at RM1.77 in 2013.

The takeover had then made Semperit the world's second largest rubber glove manufacturer after Top Glove.

Latexx Partners subsidiaries are Latexx Manufacturing Sdn Bhd, which manufactures rubber gloves, Medtexx Manufacturing Sdn Bhd, which is engaged in the trading of rubber gloves and letting of glove manufacturing plant and machinery, Total Glove Company Sdn Bhd, which treats and processes natural rubber latex examination and surgical gloves, and Worldmed Manufacturing Sdn Bhd, which trades rubber gloves.

Semperit, which was founded in 1824, is located in Vienna with its global R&D centre in Wimpassing, lower Austria.

The group employs around 6,900 people worldwide, including close to 3,600 in Asia and about 900 in Austria.

A source said Top Glove was the top contender to buy Latexx Partner, given the vast resources of the company which boasts some RM42 billion in market capitalisation.

Alternatively, a cash payout plus issuance of new shares of a much smaller company like MQTech could be a wiser choice for Semperit.

Amid the Covid-19 pandemic, the source said MQTech had been eyeing the medical gloves industry and it believed the sector would continue to be profitable in the long run.

"The Latexx Partners deal was also pitched to MQTech recently, and a positive outcome could be out within days," the source added.

MQTech is listed on Bursa Malaysia's ACE Market.

It manufactures products of rapid tooling, prototyping, jigs, dyes development, and other manufacturing solutions.

The company also manufactures high precision magnetic coils, coil assemblies, precision metal plates and jigs and fixtures used in the manufacture of hard disk drives, automotive and medical industries.

MQTech supplies goods and services to Asia Pacific and Southeast Asia.

https://www.nst.com.my/business/2020/06/601530/latexx-partners-sale-top-glove-mqtech-are-frontrunners

just think who is the one holding most of supermax ticket ? who is the one loss the most if supermax high to the sky? mean someone is doing something to average their loss. this is happening to all glove counter now

please stay away from your computer and enjoy your life now ... relax .. you know that the current trend for market is glove .. no surprise those shark appear

no surprise if drop RM1 .. correction is always like this ..

today sure alot of contra player die gao gao

steady guys ... topglove still my priority ...

steady guys

when earn money everyone shout long live paktua thank you paktua ... when lose money everyone said conman paktua ... similar to a kids mind ... nothing to more to measure this kind of people ...

come guys ... relax and cheers .. if you believe why u keep on question yourself ... relax .. don't spoil your mood

congratulation of all malaysian effort that reduced covid-19 to today excellent number of 2 positive, although covid in malaysia are reduce but it doesn't mean to others country such as US, brazil and others country outbreak. if those glove country only doing malaysia business of course it won't reach today prices especially Topglove with RM17++ cause malaysia are 33Mil++ population. we have to look at the international daily chart.

i keep average .. i believe in glove counter for this future 6 month ++

guys ... stock up and down is very normal la .. comfort shooting up too fast, so must have some correction. impossible everyday also up de ... if you tell the astronaut this rocket will only up and no down.. you will scared the astronaut shit out of their pant

as you guys can see ... most of the Glove counter pressing down by shark and the other one shark is collecting at bottom...

why panic .. top glove QR this week .. stay focus

now is fundamental VS market Sentimental ...

boys and girls
you know what ... I am totally agreed with YTH888 from his point of view ... maybe we can make a simple imagination. Glove Demand for these Market ARE HUGES because of the pandemic outbreak seriously.

BENEFIT for HLT
GLOVE DIPPING LINE
demand should be highest due to every company trying to boosting their glove production capacity. some of the company even started to operate overtime to meet the demand. try to imagine those big company will they need highest maintenance due to boosting up production and increasing their Dipping line ? I believe glove demand will continue and might have to last at least 1year or 1.5year...

Glove Production (added advantages)
although HLT is just own 55% from his subsidiary company that production about a bil pieces glove. according to the financial report the glove Revenue are generated RM90.673mil and recorder RM0.173 million with a gross profit margin of 0.90% as compared to a gross profit of RM2.067 million with gross profit margin of 5.99% in the preceding year quarter. maybe we can assuming that Current ASP for glove has increased 30%(just set lowest increase in price) meanwhile 30% from revenue is added 27mil + 90mil = (RM117mil revenue). please take note, the ASP increase 30% actually it doesn't take any cost of producing glove. meanwhile the increment of 30% is totally profit to them.

Test Kit (added advantages)
test kit is another of beneficial to the company to produce new revenue and also profitable to the company as of today condition. as of now I don't have the calculation cause is still doesn't show any number yet.

above is just my point of view ... correct me if I am wrong about it

are you kidding me that carepls QR is good ?

revenue increase from 85,149 to 104,696
mean increased = 19,547,000

net profit increase from 363,000 to 1,141,000
mean net profit increase = RM778,000

mean in the increased revenue of 19mil and still unable to cap 10% profit ... OMG

i really wanted to know WTF CAREPLS management doing ? are you sleeping ...WTH your QR with 1mil++ profit ... still daring show out ? Hello wake up ... you are producing 4.1Bil Glove capacity per annum ... meanwhile your capacity is highest than Rubberex and almost same with Comfort ... not purposely bad mount on you but this is really unexpected and dissappointed

this wong family abit weird ... latest annoucement buy 70k share @0.74 but sold 70k share @0.603

aiya ... save you all breath replying rr88 la ... he still dreaming ... he doesn't know monday is public holiday .. he play his own stock market on monday .. with this kind of person that doesn't know monday is public holiday, you guys still believing him ? NO KNOWLEGDE AT ALL... also he kept said we are the monkey .. infact i think he been traped 2 time correction and lossing money .. some people like him (rr88) wish to have people to follow his footstep that mentally feel that he not the only one got fool and having such huge mistake