Everybody can limit down on Monday.

Maybe SC will suspend airasia . Just like heng huat and atta global where the ceo is involve in drug trafficking.

Faster sell before too late

Tp 5 sen

2008 I bought at 2.60
maybe 2.00 can.

sell faster

I now in resort spore. very empty

https://www.aljazeera.com/news/2020/01/chaos-coronavirus-exposes-china-healthcare-weaknesses-200129050408104.html

Those inside wuhan getting very nervous. Trap inside and cannot get out with more and more people hit by the virus.
May hit by the virus also if continue stay inside wuhan

https://www.ccn.com/dramatic-hong-kong-data-predicts-coronavirus-outbreak-infecting-150000-every-day/

spore has many people from china working there.
even the bus driver also from china. very fast spread.

singapore is a very dense city.
the virus spread will be faster.

Rubber Gloves - Lifted by the Epidemic Outbreak

Author: PublicInvest | Publish date: Wed, 29 Jan 2020, 6:07 PM

Since the recent outbreak of the new coronavirus in Wuhan, share prices for the glove makers under our coverage universe have surged as the market anticipates stronger gloves demand. The number of confirmed cases and fatalities continue to climb in the absence of a vaccine that can effectively treat the coronavirus and we believe that history might repeat itself, where the valuations for the glove players will continue to expand and trade up to +2.0 SD of their respective historical 5-year mean, similar to the H1N1 outbreak in April 2009. On a side note, MARGMA also revealed that the Malaysian glove manufacturers have received urgent shipment request from China and as a result, we lift our earnings forecast for the glove players under our coverage for FY20-FY21F by 3-5% to account for the expected extra orders. We upgrade our rating on the rubber glove sector from Neutral to Overweight on a tactical basis, as we believe valuations will continue to expand as the absence of vaccine might lead to the coronavirus being spread across more countries.

Outbreak of coronavirus. The new coronavirus outbreak, 2019-nCoV, that began December 2019 in Wuhan, China has thus far infected more than 4500 individuals, death toll soaring to 106, while infections have been confirmed in more than 10 countries. According to World Health Organization (WHO), the new strain belongs to the same family of virus that includes the common cold and viruses such as SARS and MERS. Experts also believe that the deadly virus will last for another 6 months and infect tens of thousands of people, at the very least.

Unexpected increase in glove demand. Following the coronavirus outbreak in China, MARGMA revealed that the glove players have recently received urgent demand requests from China. Utilization rates for glove counters under our coverage are currently running at c. 88% and we believe that there is room for the glove makers to ramp up further to c. 95%, to meet the urgent shipment requests from China. We view that Top Glove is likely to be the largest beneficiary from this unexpected demand surge, as it has the strongest capacity growth (+16.8% YoY), while Hartalega and Kossan’s capacity will grow by 9% YoY and 10% YoY respectively in CY20. We are of view that the sudden spike in demand might drive glove ASP higher, hence resulting in slight margin expansion.
Possible further valuation expansion. Historically during other epidemic outbreaks, the glove counters have experienced valuation expansion, trading up to +2.0 SD of their respective 5-year historical mean due to market sentiment, coupled with an increase in gloves demand. The trend can be observed during the large outbreak of H1N1 (see Figure 4 & 5), from April 2009 to August 2010, where the valuations for both Top Glove and Kossan peaked at +2.0 SD during the tail end of the outbreak. However, the trend was less apparent during the SARS outbreak (see Figure 2 & 3), from November 2002 to August 2003, as the glove manufacturers had much lesser following back then. Not to mention that Kossan was also rather illiquid at that point in time, hence the valuation did not expand significantly, like during the H1N1 outbreak. With the recent coronavirus outbreak, we are of view that history might repeat itself and the glove players might trade up to its respective +2.0 SD like the prior H1N1 outbreak. While we note that a team of Hong Kong researchers have reportedly developed the vaccine to treat the coronavirus, it is also noteworthy that the pre-clinical and clinical studies are likely to take more than a year before it will be fit to use on humans. Therefore, we reckon it will not be so soon that the coronavirus outbreak can be conclusively addressed.
Upgrade to Overweight. We are upgrading our rating on the rubber gloves sector from Neutral to Overweight on a tactical basis, amid the outbreak of this deadly virus as we expect glove players’ valuations to expand as a result. We raise our PE valuation for Top Glove, Hartalega and Kossan to 43x, 48x and 29x (all valued at +2.0 SD of its respective historical 5-year mean, with the exception of Top Glove, at slightly below +2.0 SD as we ) respectively. We also raise our earnings forecast for glove makers under our coverage universe in FY20-FY21F by 3-5% to account for the possible extra orders from China that, in our view, will materialize. We also see slight margin expansion resulting from better bargaining power in the hands of the glove manufacturers.

glove producer in msia will take the chance to increase glove selling price as demand now is more than supply.

Profit sure very good for glove industry.

the bull resume the run tomorrow .
all the new capacity should be fully taken up with the strong order.
Comfort continue to expand. Good future for glove industry.

the rebound cannot sustain one.

https://www.thestar.com.my/business/business-news/2020/01/29/china-virus-turns-macau-into-gambling-ghost-town

the current crisis will create opportunity for glove producer to clear out all the old inventory
whatever quality also sapu liao by china.
will expect a super high sales and profit next quarter.

https://www.thestar.com.my/business/business-news/2020/01/28/malaysias-glove-makers-get-urgent-request-from-china

Uncle kyy is riding on top on this bull.
So don’t ka ka cau here.

The bull will fark to those blocking his way. No pe nonsense for this bull.

The bull is still young and horny in this hot whether

Shut Up lah abcd

target price 80 cents

getting very serious. u miss the boat if still ask why

https://www.thestar.com.my/news/regional/2020/01/26/hong-kong-protesters-lose-plot-by-torching-planned-quarantine-building


Panic situation every where

Perfect storm coming for glove sector

1) US dollar getting strong back after bank negara reduce interest rate
2) disease outbreak
3) oil price going down due to China economy going down due to pandemic outbreak. This will make the latex/ raw material price going down

https://www.scmp.com/news/china/science/article/3047709/genetic-and-drug-trail-contain-deadly-coronavirus-china

SARS takes 17 years to have the vaccine tested on monkeys
I

don’t just sit and watch. You will bang ur head against the wall once the share continue move up as the medicine takes months to develop .

Getting serious the virus.
Slowly buying up comfort share as glove stock will continue moving up.
Uptrend

https://www.scmp.com/news/china/society/article/3047701/coronavirus-contagious-even-incubation-stage-chinas-health

today sure cross 90 cents

https://www.nst.com.my/world/world/2020/01/558846/wuhan-food-market-centre-outbreak-sold-wolf-pups-rats-civets

During the SARS outbreak, the sector PE traded at 11.5x and peaked at 18.2x (close to +2 SDs),
During the H1N1 outbreak, the sector P/E traded at 12.2x while it peaked at 17.2x (+2.5 SDs),

Every outbreak, increase about 6x pe

Comfort can increase pe 21 which mean price can go up to 1.50

New target price 1.50

virus spread to Hong Kong and Macau

don't sell early. the worst of this pandemic haven't come yet.

https://klse.i3investor.com/blogs/kianweiaritcles/2020-01-22-story-h1482897641-China_warns_Wuhan_virus_could_mutate_spread_as_death_toll_rises.jsp

later everyone has to wear gloves for good hygiene and contain the outbreak.glove counter will shoot to the moon.

Once WHO start talking on this pandemic outbreak, comfort will shoot pass 1.50
the virus is spreading fast.

China got flu; the whole world catch it

this sars part 2 will move the small Mickey mouse comfort to 1.20

welcome the year of the rat

sars part 1 come from bat
sars part 2 come from rat

syndicate will push very strong this time. not so early to sell yet.

the last sars occurred; comfort hit 2.00

getting serious the influenza. everywhere hit.

https://says.com/my/news/the-prospect-of-war-in-the-middle-east-is-weakening-our-ringgit

https://says.com/my/news/recent-outbreak-of-mysterious-respiratory-illness-in-china-puts-asia-on-high-alert

China pneumonia outbreak getting serious.
glove sector start getting hot

Actually tun m fired this guy. To save face, he say resigned.

I suggest uncle kyy to become education minister so that he can include how to play stock market in the education system.