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2020-11-18 20:48 | Report Abuse
Illusion or not, prepared for a rocky drive. Pfizer now say that their vaccine is 95% effective and is getting approval for emergency use within days.
2020-11-18 20:44 | Report Abuse
Oil shot up to $44.68 inspite of lockdowns in various parts in the WEST. Imagine if there is no lockdown.
2020-11-18 17:08 | Report Abuse
No more choppy seas until the next vaccine news
2020-11-18 02:29 | Report Abuse
17-Nov-2020 Additional Listing Private Placement - 200,000,000 shares at 0.053. THIS IS FOR SANICHI.
Just wonder why PP listing is announced for other shares BUT Green Packet never announce the PP details
2020-11-18 02:23 | Report Abuse
I sold Velesco which I bought at 16 cents for 13.5 cents to buy Hibiscus at 48.5 cents. Sold my Hibiscus at 56 cents and came back to buy Velesto. Funny thing I get it cheaper at 13 cents.
This counter is a laggard for Oil & Gas.
2020-11-18 02:12 | Report Abuse
Budget Vote on 25th Nov. Just a bit of patience.
This counter will move before the 25th Nov
2020-11-18 02:11 | Report Abuse
Budget Vote on 25th Nov. Just a bit of patience.
This counter will move before the 25th Nov
2020-11-17 14:24 | Report Abuse
Only Klang Factory affected, but operating at Half capacity.
5700 workers affected not 13K+ as reported yesterday.
Factory in Johor, Banting, Perak and Kedah still operating at full capacity. Still want to sell kah?
Top Glove: EMCO impacts 5,700 workers
TheStar Tue, Nov 17, 2020 01:54pm - 29 minutes ago
“Our factories in Meru, Klang continue to operate with reduced capacity and workers not under EMCO are working under strict standard operating procedures in alignment with guidelines from the Ministry of Health," Top Glove said.
2020-11-17 12:01 | Report Abuse
Really. Can get at $6.18.
2020-11-17 05:02 | Report Abuse
Posted by Izwan1985 > Nov 17, 2020 3:54 AM | Report Abuse
TG dare to buy back, EPF also put money in TG. Dont think EPF are so stupid to put money in TG, dont think TG also stupid to buy back. Sell more then they will collect more, retailer and panic seller are easy to manipulate like this.
@Another 9 mil share buyback, EPF also collected 2 mil share.
Something is brewing behind that we don't know.
Agree with you.
Can start collecting TG shares.
Start with 10,000 shares. Every 5 % drop in share price add 10,000 shares. ( Adjust the amount according to your financial muscle )
2020-11-16 05:59 | Report Abuse
I Q to buy at 7 cents. Guys who think will go down can throw early morning at 7 cents. I Q for 5,000,000 shares at 7 cents Monday morning.
2020-11-16 05:55 | Report Abuse
Ignore the noise. Confident of a slow climb back to 60 cents level
2020-11-15 07:05 | Report Abuse
Downside risk is very small and minimal. Upside potential is huge.
Think its a bad company to invest, then just sell loh. Go and buy gloves, all making good profit.
Stock mkt is projection of the future. If you think GP can make good profit in the future, then you buy. If not just sell.
2020-11-14 03:07 | Report Abuse
Posted by Newbn00b > Nov 13, 2020 4:26 PM | Report Abuse
Anyone who buy higher than 0.48 just provide more bullets to him to subscribe more CRPS at 0.48.
Have the 2nd trance issued
2020-11-13 15:40 | Report Abuse
Who is the institutional Investor who Dr Kenneth disposed his shares too. Big time con guy
2020-11-12 20:52 | Report Abuse
If Memotorium on loans extended for another 3 to 6 months, all banks down again. Glove got to go up, if not KLCI also kaput
2020-11-12 20:41 | Report Abuse
Ya. Losing money from media business every Q. Now even radio lose money. Tutup kedai and distribute cash better
2020-11-11 19:35 | Report Abuse
I keep buying when down 1.5 cents lah.
Keep faith.
2020-11-11 13:23 | Report Abuse
Why the NTA increase by more than 50% over 1 Quarter?
2020-11-11 05:26 | Report Abuse
Frankly, I believe the counter will breach the 55 cents level today itself. Upon issuance of next Q results, it shd breach the 60 cents level.
2020-11-11 05:24 | Report Abuse
Newbnoob
You are my Sifu. I am a ex stockist and remisier. Have being in the mkt for over 35 yrs. I really miss the clause that allow the directors
the right to adjust the CRPS conversion price. Can you point out where you find that CLAUSE in the info send to shareholders.
My play would have being very different then.
I would have join the sell down from the 60 cents level and start aggressive collection after announcement of issuance of 2nd tranche at 48 cents. Big opportunity miss. My cost is still 58 cents.
2020-11-10 06:50 | Report Abuse
Vaccine out soon. Hotel back to business. Can buy at this low price
2020-11-10 06:28 | Report Abuse
Newbnoob
In the resolution that was pass at the EGM, there was no mention that the Directors have the absolute discretion to fix the price of CRPS conversion. Now its confirm that they have this right based on average price traded for the past few days.
I was fooled into it. Think those people sell down from about 58 cents to buy the CRPS at 48 cents. Hibiscus had not paid dividends and the CPRS carries a 4% coupon.
My average cost is about 58 cents. Guess have to lock in and see.
2020-11-09 21:30 | Report Abuse
Posted by Newbn00b > Nov 9, 2020 3:50 PM | Report Abuse
Where is linheng hiding? I miss him so much suddenly
Still here. Got sodomised
2020-11-06 14:22 | Report Abuse
Glove is very different from Palm Oil.
Total Palm Oil export is much bigger than Gloves.
That windfall tax on Palm Oil gives the govt a lot of money.
Govt give alot of support to Palm Oil. PORIM and etc. No support at all to Glove Industry but indirect tax via foreign worker's levy.
This govt is very short sighted if they do impose windfall tax on glove. Also rubber glove use rubber latex. Does not make sense.
2020-11-04 06:36 | Report Abuse
Posted by Newbn00b > Nov 3, 2020 5:21 PM | Report Abuse
Surely not 1 off. 0.66 is inflated price. Next tench would be around 0.5
NO IDEA WHY YOU THINK SO. THE EGM APPROVAL IS FOR ISSUE OF UP TO 2B OF CPRS AT A COVERTION PRICE OF 66 CENTS. THE ISSUE WILL BE PROGRESSIVE IE NOT A SINGLE ISSUE OF 2B 9SUBJECT TO COST OF ASSETS BEING ACQUIRED AND OFF COURSE THE DEMAND). MAIN THING IS WHETHER AT CURRENT SHARE PRICE OF BELOW 50CENTS, WHO WILL BUY CPRS AT 66CENTS CONVERTION.
TO ISSUE AT 50CENT, YOU NEED A FRESH MANDATE (EGM)
2020-11-04 06:30 | Report Abuse
Posted by Victor Yong > Nov 3, 2020 9:03 PM | Report Abuse
At 45sen, ask your fund manager
52 Weeks Range: 0.395 - 1.65
YA. SPOT ON. NO POINT BUY ABIT HERE AND ABIT THERE. FUNDAMENTALS OF CO HAVE IMPROVED. WILL PICK UP 200K SHARES FOR EVERY 1.5 CENTS IT GOES DOWN UNTIL 0.395 CENTS. TIME FOR ME TO SILANG THIS COUNTER.
2020-11-04 06:24 | Report Abuse
I feel its good time to go ALL in. Price had stabilized past few trading days and was up yesterday. Volume yesterday was bigger than previous 2 days. With yesterday's higher close and higher volume compared with the previous 2 days, there is little risk of price going down esp with Dow up 2.5%.
2020-10-31 10:15 | Report Abuse
Healthcare sector (the catheters and hand sanitizer portion) made up a good 6% of total revenue
The catheters segment shd be very good
2020-10-31 10:13 | Report Abuse
Not a real drop lah. I did that too. You see mkt weak, you sell 1st and buy back later. I dump at 4.10 and buy back all the way from 4.01 to 3.92
2020-10-30 06:28 | Report Abuse
Wah. No end to covid. Got to lock up the shares too.
2020-10-30 06:26 | Report Abuse
How's tha annual result announced on 28 Oct 2020
2020-10-22 11:38 | Report Abuse
Seems results not that good cos disruptions to supply chain
2020-10-22 02:54 | Report Abuse
4 Weeks Range: 0.115 - 0.235
Right at the base
2020-10-21 05:46 | Report Abuse
Will continuing toping up. Will sell my remaining glove stock (Comfort) and put into this counter. Sinovac vaccine already being sold to the public in China at USD60 for 2 dose. People flew in from other places to have the vaccine. Already got long Q.
2020-10-21 05:43 | Report Abuse
Assuming that the CPRS is fully subscribed and the assets acquired,
the producing assets will be 7X, but at current share price the minority share holders who can sell the shares are very few. CPRS is converted at 66 cents. Assuming current shareholders price is on the average of 56 cents there should be minimum resistance to the share price from current to 66 cents.
Hope to see this scenario soon when oil price spike, but hopefully after the completion of the CPRS and the acquisition of the assets.
2020-10-20 19:01 | Report Abuse
63,500,000 ESOS exercise at 0.055 cents today. Logically should be very safe to buy at 0.055 cents
2020-10-20 18:58 | Report Abuse
Up so much today, sure take profit. Tomorrow is a brand new day.
Should be up again.
2020-10-17 11:57 | Report Abuse
PM Holdings is the safest counter in the MUI stable for political play for the following reason:
1. Recent High is 33 cents and recent low is 12.5 cents
2. No of shares is 1/3 of MUI Holdings.
3. Got a stock broking co (PM Securities ) that would be able to give
a good set of results.
2020-10-16 03:03 | Report Abuse
So my opinion is that if the issue of CPRS is successful, than share price will shoot up.
2020-10-16 03:00 | Report Abuse
So Basically, there is no such thing as pressing price to get a better conversion ratio. Conversion price is fixed at 66cents. CPRS issued at RM1.00. One CPRS gives you 1.515151 Hibiscus share. As a CPRS Holder, you cannot even choose the time to convert ( Anyway 2 years Only to Maturity ) since there is Mandatory conversion on a pro rata basis for any acquisition. Proceeds not used will be redeem by the co with a certain premium based on a certain ratio.
Why do people buy then? There is a certain amount of interest paid if the CPRS is not converted (Unlikely cos mandatory conversion upon acquisition of assets )
2020-10-16 02:51 | Report Abuse
Just receive Proxy form from Tricor.
Read through Bursa Website regarding this issue of CPRS.
Salient Points
Issue Size is 2B
Assuming Full conversion at Fix Price of $0.66, the no of shares to be issue is 3.0303B
Duration is 2 years.
Mandatory conversion on a Pro Rata basis when assets are acquired.
CPRS will be listed.
CPRS not converted will be redeem at a certain redemption price with
a certain formula that carrying some interest factor which is calculated by days to maturity and also a dividend ration. Quite complicated and no patience to read thoroughly
2020-10-15 21:00 | Report Abuse
Posted by Newbn00b > Oct 15, 2020 5:21 PM | Report Abuse
I have said this before, they press down the price to have better conversion ratio of CRPS. Then, it will greatly dillute the existing share. The retailers will always be loser. You can only see the price up after they have finished the conversion of CRPS
Are they converting the CRPS now? No disclosure on new share issued.
2020-10-15 20:53 | Report Abuse
Spike in resin price due to shutdown of plant in US
2020-10-15 05:51 | Report Abuse
Posted by Imnoobonly > Oct 14, 2020 9:02 PM | Report Abuse
https://www.facebook.com/100567944770357/posts/206909620802855/
Ku Li become PM ?
Stock: [VELESTO]: VELESTO ENERGY BERHAD
2020-11-21 07:21 | Report Abuse
Any idea when is the next Q result coming out. Should be better cos basically in spite of lockdown, oil industry still allow to operated. Oil is $45 now