Steel is cyclical stock.......

Watch out for this stock something is brewing

Go go baby

Good result with solid dividend ....should go back to Rm7

Rm30 dividend ......fantastic 4% dividend yield for FY 2021

Good result KGB

Excelforce already up a lot it is N2N time

Good result hopefully can breach Rm1.00

I hope that Supermax will not be remembered as one of the fastest counter to be kicked out from KLCI component stock within three months after the recent admission.

Jack Ma become major shareholder of N2N !!!!!!

Ho Ho Ho Santa Claus is coming to town. ....

Go go go,,,,

Very solid fundamental stock with good dividend yield will sure come back

https://www.theedgemarkets.com/article/haio-3q-net-profit-surges-35-better-mlm-wholesale-contributions

Safest stock in Bursa Malaysia now.

wow a good result and superb dividend !!!!!!!

2 / 2
Glove Stock Valuations Hit Rock Bottom After $6 Billion Rout
(Bloomberg) -- A rout in Malaysian glove makers is deepening, sending valuations for some companies to rock-bottom levels.

Top Glove Corp., the world’s biggest, slid 7.8% in a fifth day of declines Wednesday, taking its February loss to 22%, set to be the worst for any month on record. The stock is trading at about 6 times 12-month forward earnings, from a record high of 43 times in May. Supermax Corp., which surged 784% last year, is down 26% this month and trades at 4.6 times.

More than $6 billion in market value has evaporated in February alone for Malaysia’s top four glove makers as global vaccine rollouts accelerate and short sellers swarm these pandemic winners. Malaysia is starting its own Covid-19 vaccination campaign Wednesday, further dampening sentiment.

“There is a narrative around ‘re-opening’ which has definitely impacted sentiment,” said Ross Cameron, a Tokyo-based fund manager of Northcape Capital Ltd., who has been investing in glove makers for more than a decade. “But the fundamentals for the glove sector remain strong and valuations are as cheap as we have seen for a decade.”

The slump is a far cry from months ago when glove stocks became one of Asia’s hottest trades at the height of the global pandemic and helped spur a comeback by amateur investors. That helped catapult volumes in Malaysia’s stock market to record highs last year.

Hartalega Holdings Bhd. is trading below 10 times estimated earnings, down from 60 in June, while Kossan Rubber Industries Bhd.’s multiple has dipped to 4.1 times, according to data compiled by Bloomberg.

Read more: These Covid Billionaire Fortunes Are Fading With Vaccine Rollout

Despite the slump in these glove stocks, Cameron says their prospects remain strong and “valuations simply do not reflect this reality.”

Stocks like Top Glove “offer some of the highest sustainable dividend yields in the world,” he said. “The glove sector was an attractive sector for many years prior to the pandemic, and it will likely be even more attractive in the post-pandemic era.”

(Updates prices, ratios throughout.)

2 / 2
Glove Stock Valuations Hit Rock Bottom After $6 Billion Rout
(Bloomberg) -- A rout in Malaysian glove makers is deepening, sending valuations for some companies to rock-bottom levels.

Top Glove Corp., the world’s biggest, slid 7.8% in a fifth day of declines Wednesday, taking its February loss to 22%, set to be the worst for any month on record. The stock is trading at about 6 times 12-month forward earnings, from a record high of 43 times in May. Supermax Corp., which surged 784% last year, is down 26% this month and trades at 4.6 times.

More than $6 billion in market value has evaporated in February alone for Malaysia’s top four glove makers as global vaccine rollouts accelerate and short sellers swarm these pandemic winners. Malaysia is starting its own Covid-19 vaccination campaign Wednesday, further dampening sentiment.

“There is a narrative around ‘re-opening’ which has definitely impacted sentiment,” said Ross Cameron, a Tokyo-based fund manager of Northcape Capital Ltd., who has been investing in glove makers for more than a decade. “But the fundamentals for the glove sector remain strong and valuations are as cheap as we have seen for a decade.”

The slump is a far cry from months ago when glove stocks became one of Asia’s hottest trades at the height of the global pandemic and helped spur a comeback by amateur investors. That helped catapult volumes in Malaysia’s stock market to record highs last year.

Hartalega Holdings Bhd. is trading below 10 times estimated earnings, down from 60 in June, while Kossan Rubber Industries Bhd.’s multiple has dipped to 4.1 times, according to data compiled by Bloomberg.

Read more: These Covid Billionaire Fortunes Are Fading With Vaccine Rollout

Despite the slump in these glove stocks, Cameron says their prospects remain strong and “valuations simply do not reflect this reality.”

Stocks like Top Glove “offer some of the highest sustainable dividend yields in the world,” he said. “The glove sector was an attractive sector for many years prior to the pandemic, and it will likely be even more attractive in the post-pandemic era.”

(Updates prices, ratios throughout.)

No stock will ever go down and go up lah

Close one eye and buy,,,,,

Posted by arv18 > Feb 24, 2021 10:07 PM | Report Abuse

Nobody is saying buy or sell Najib. Do whatever you want. Its your money. To lose.
Najib never lose money in stock market.

Tomorrow Najib and Rosmah will come and support,,,,

When everyone here says buy I will sell, when majority says sell I will buy. This is the best way to make money.

If annualise Eps is around 25 sen , NTA Rm1.43 .....Net Cash Rm50 million .......anything below Rm1.30 is screaming buy !!!!!!!

Wow fantastic all time high profit result .....limit up tomorrow

solid recovery stock with 5% dividend yield......mana cari?

Good one .....I am still waiting for the announcement

RM2.40 by tomorrow?

CNY angpau mari.....

Still waiting for the main board transfer announcement. Really damn long

Right move by Haio by streamlining the organisation structure. It will be added advantage if BESHOME can aim for Halal certificate for their products since major of their customers are Malay.

https://klse.i3investor.com/entitlement/7668/13-Jan-2021/21992_470194208.jsp

https://klse.i3investor.com/entitlement/7668/13-Jan-2021/21992_470194208.jsp

Bought More Haio at 2.14 today. When economy is bad, MLM should be good bet.

Haio better bet lah!!!!!!!

hope to see Haio breached RM2.70 by next week, Fundamentally and Technically showing rally soon.

Sarah you can see my historical purchasing period in I3 I only buy solid company.

Haio has announced good results plus interim 4 send dividend

https://www.theedgemarkets.com/article/haios-2q-profit-jumps-42-better-mlm-sales-declares-four-sen-dividend

Good time to diversify some of your glove into recovery stocks. Having said that, I still have faith in gloves stock and still maintain big portion in my portfolio.

Bought another 30,000 shares at RM2.28. Trust that this flying bird is on the right track now. With 4.4 % dividend yield this is sure the safest bet now for people aiming for recovery stock which is sitting on the huge cash pile.

Bought 30,000 shares today at RM2.35!!!!!!!!!

Will Haio announce another good results soon? It is time to buy this recovery stock.

News approval to be transferred to mainboard will be announced anytime. Stay tune. You will see the share price surge to Rm1.00. Mark my words.

After attended AGM and listened to the briefing, I will buy 50,000 shares Supermax after market open today.

very good lesson for all. Rule No.1 Always buy good company with proven track record. Rule No.2 Don't Forget Rule No.1

Bought 50 k N2N at 0.745. Cash rich company just announced very good result. Target RM1.00.

Screwed one screwed twice and screwed repeatedly. The sad story of retail investors.

Tradeview Commentaries 16th Nov 2020 - Learn To Separate Wheat from Chaff

Do not waste your time, effort and money on goreng penny stocks which promises the future potential earnings which liekly does not exist. Those who talks about venturing into various new businesses such as gloves etc are often relying on sunshine and rainbows to attract naive new investors especially retailers.

There is no way new entrants like them can compete with existing players with clientele, scale, technology know how and certification. While it is true that some select few new venture may be legitimate due to ex-management with experience being involved, majority are fluffy and dubious. If you want to put your investments into penny stocks that promises earnings, it would be wise to put your funds into the big established players have shown you the actual earnings and continuous record high earnings yet to come. Many of the big boys like Hartalega, Top Glove, Kossan, Supermax, Riverstone are all at attractive prices again.

Do not let your hard earned money be taken away from you. Remember the saying - the market never fails to punish the greedy, the egomaniacs and the ignorant. Just because prominent investors or blogs promote it, does not mean it is true. Times are very tough, business is very hard to build and establish, making money isn't an overnight effort. Do not be caught up by wishful get rich quick promises. All the best and stay safe.

Buy 50,000 shares at RM8.30