nickleeson

nickleeson | Joined since 2016-08-29

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2020-09-17 10:42 | Report Abuse

heard pat only 600m..sell

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2020-09-11 18:33 | Report Abuse

respect TS LWC.. TG is really in your good hands

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2020-09-11 15:17 | Report Abuse

in commemoration with 9-11

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2020-09-11 15:16 | Report Abuse

yes..ttboo i heard the same too.. should be revoked by today USA time....

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2020-09-09 09:19 | Report Abuse

AstraZeneca Plc on Tuesday said it has paused a late-stage trial of one of the leading COVID-19 vaccine candidates after an unexplained illness in a study participant.

"Our standard review process was triggered and we voluntarily paused vaccination to allow review of safety data by an independent committee," company spokeswoman Michele Meixell said in an emailed statement.

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2020-09-08 11:44 | Report Abuse

yup good time to pick up some now

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2020-09-08 11:30 | Report Abuse

anything below 8.30 is a very good buy

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2020-09-04 18:23 | Report Abuse

GENEVA (Reuters) - A World Health Organization spokeswoman said on Friday it does not expect widespread vaccinations against COVID-19 until the middle of next year, stressing the importance of rigorous checks on their effectiveness and safety.

"We are not expecting to see widespread vaccination until the middle of next year," spokeswoman Margaret Harris told journalists at a briefing in Geneva.

"This phase 3 must take longer because we need to see how truly protective the vaccine is and we also need to see how safe it is," she added referring to vaccine clinical trials.

(Reporting by Stephanie Nebehay and Emma Farge)

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2020-09-04 18:22 | Report Abuse

GENEVA (Reuters) - A World Health Organization spokeswoman said on Friday it does not expect widespread vaccinations against COVID-19 until the middle of next year, stressing the importance of rigorous checks on their effectiveness and safety.

"We are not expecting to see widespread vaccination until the middle of next year," spokeswoman Margaret Harris told journalists at a briefing in Geneva.

"This phase 3 must take longer because we need to see how truly protective the vaccine is and we also need to see how safe it is," she added referring to vaccine clinical trials.

(Reporting by Stephanie Nebehay and Emma Farge)

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2020-09-03 22:11 | Report Abuse

Today all glove stocks dropped in view of the availability of the vaccine. Moreover, a few investment banks have down graded glove stocks. Most investors are selling their glove stocks. I also sold all my Supermax, some Top Glove and some Comfort. I think all glove stocks will be depressed for some time. It is safer to sell. Koon Yew Yin.

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2020-09-03 22:08 | Report Abuse

Today all glove stocks dropped in view of the availability of the vaccine. Moreover, a few investment banks have down graded glove stocks. Most investors are selling their glove stocks. I also sold all my Supermax, some Top Glove and some Comfort. I think all glove stocks will be depressed for some time. It is safer to sell. Koon

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2020-09-03 22:07 | Report Abuse

Today all glove stocks dropped in view of the availability of the vaccine. Moreover, a few investment banks have down graded glove stocks. Most investors are selling their glove stocks. I also sold all my Supermax, some Top Glove and some Comfort. I think all glove stocks will be depressed for some time. It is safer to sell. Koon

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2020-09-03 22:07 | Report Abuse

Today all glove stocks dropped in view of the availability of the vaccine. Moreover, a few investment banks have down graded glove stocks. Most investors are selling their glove stocks. I also sold all my Supermax, some Top Glove and some Comfort. I think all glove stocks will be depressed for some time. It is safer to sell. Koon

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2020-09-03 22:07 | Report Abuse

Today all glove stocks dropped in view of the availability of the vaccine. Moreover, a few investment banks have down graded glove stocks. Most investors are selling their glove stocks. I also sold all my Supermax, some Top Glove and some Comfort. I think all glove stocks will be depressed for some time. It is safer to sell. Koon

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2020-09-03 22:07 | Report Abuse

Today all glove stocks dropped in view of the availability of the vaccine. Moreover, a few investment banks have down graded glove stocks. Most investors are selling their glove stocks. I also sold all my Supermax, some Top Glove and some Comfort. I think all glove stocks will be depressed for some time. It is safer to sell. Koon

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2020-09-03 22:07 | Report Abuse

Today all glove stocks dropped in view of the availability of the vaccine. Moreover, a few investment banks have down graded glove stocks. Most investors are selling their glove stocks. I also sold all my Supermax, some Top Glove and some Comfort. I think all glove stocks will be depressed for some time. It is safer to sell. Koon

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2020-09-03 16:30 | Report Abuse

15mins to sell before BI drop to RM6.50

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2020-09-03 15:16 | Report Abuse

no more future for gloves stock..sellll alll now

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2020-09-03 15:12 | Report Abuse

selll all holding immediately...gloves turning bearish already

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2020-08-26 19:39 | Report Abuse

About 1 month ago, on 21st July I posted an article namely “Top Glove: 8 Investment Banks updated target price”. I pointed out that there were 14.876 million Covid 19 cases and 614,000 deaths in the world. Due to the pandemic, the demand for medical gloves far exceeds supply. As a result, all the glove makers could easily increase their selling prices to make more profit. I also pointed out that the following 8 investment Banks updated their target price for Top Glove when it was selling at Rm 22.98.

Affin Hwang Outperform Rm 46.40 20/7/2020
Credit Suisse Outperform Rm 37.00 15/7/2020
Kenanga Investment Bank Outperform Rm 32.00 13/7/2020
TA Securities Buy Rm 31.66 14/7/2020
Hong Leong Buy Rm 31.31 15/7/2020
Cimb Securities Buy Rm 31.30 14/7/2020
Nomura Buy 30.65 14/7/2020
Macquaries Outperform 30.40 14/7/2020
About 1 month ago when I posted my article there were only 14.89 million Covid 19 cases and 614,000 deaths in the world. Currently there are 23.95 million cases and 820,000 deaths.

There are an additional 9 million cases and 200,000 deaths in 1 month.

Why would AmBank research downgrade Top Glove and other glove stocks when the number of Covid 19 cases and deaths are still spiking up more and more?

Supermax recently reported the best quarterly profit in the history of the company.

Top Glove will also report historically best profit in about 2 months.

Top Glove will give 2 bonus shares for every one share held by shareholders. Supermax will give 1 bonus share for every 1 share held by shareholders. The X dates for bonus shares are 3rd and 4th September. Investors should not sell their holdings but wait to receive bonus shares.

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2020-08-26 19:39 | Report Abuse

Koon Yew Yin 26 Aug 2020

Yesterday AmBank research downgraded glove stocks from overweight to neutral. I have excerpted the publication as follows:

[ Visit TheFinancialDB.com - Read. Research. Profit ]
KUALA LUMPUR (Aug 25): The run-up among glove counters may have peaked, said AmBank Research, which has downgraded its call on the sector to “neutral” from “overweight” in view that the share prices are fully valued.

In a research note this afternoon, AmBank Research opined that the elevated average selling prices (ASPs) enjoyed by glovemakers “will begin to taper off in 1Q21”.


The research house has Top Glove Corp Bhd, Kossan Rubber Industries Bhd and Hartalega Holdings Bhd under its coverage.

“Share prices of all of the glove companies under our coverage have exceeded their target prices,” it said.

“We believe that at current share price levels, the valuations for glove companies under our coverage have fully priced in the companies’ earnings outlook,” it said.



Many investors were frightened by AmBank’s publication and sold their holdings aggressively. As a result, Top Glove dropped Rm 2.50, Supermax dropped Rm 2.30, Harta dropped Rm 1.00, Ruberex dropped 54 sen and Comfort also dropped 54 sen.

Covid 19 pandemic has been affecting everybody and all the listed companies with the exceptions of glove stocks and other medical products for the prevention of the virus. Investment Banks including AmBank usually have a basket of stocks and they have to sell all their holdings to cut loss to buy glove stocks. AmBank would have been buying Glove stocks and all of them have gone up a few hundred percent in the last few months.

Many investors strongly suspect AmBank purposely downgrade all the glove stocks so that it can continue to buy at cheaper prices.

Currently there are 23.95 million Covid 19 cases and 820,000 deaths in the world. As shown on the chart the number of cases and deaths are still spiking.

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2020-08-25 20:36 | Report Abuse

The deep state, or whoever, over at the investment banks is making it very difficult for glove investors. Please hold on tight to your glove stocks and wait for Supermx Q12021 results.

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2020-08-06 15:27 | Report Abuse

next counter to limit up !

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2020-08-03 09:04 | Report Abuse

buy all in now samchem..OTB buy call

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2020-07-28 10:19 | Report Abuse

yes all MRO contracts from mindef will come back

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2020-07-21 16:13 | Report Abuse

if pump NSK inside, this stock easily worth RM5

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2020-07-18 13:22 | Report Abuse

nsk coming....hold tight

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2020-06-24 19:07 | Report Abuse

let me ask my grandson, he used to work as cashier in NSK

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2020-06-24 19:06 | Report Abuse

coming already received EGM notice

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2020-06-09 20:41 | Report Abuse

so good results, tmr will up 0.5 cents..thank you TSVT...see you in Taaras when your resort open

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2020-06-02 20:16 | Report Abuse

congrats wantanmi..whats next? waiting for your direction..

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2020-06-02 19:48 | Report Abuse

no news yet ? can wait until so long one meh

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2020-06-02 19:43 | Report Abuse

ya keep collecting, short term TP RM3.0 by end July

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2020-06-02 11:00 | Report Abuse

below 60 cents cheap to enter

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2020-06-01 22:25 | Report Abuse

hahaha so optimistic... im loving it !

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2020-06-01 14:52 | Report Abuse

yup next to limit up is esceram

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2020-05-29 14:17 | Report Abuse

coming, NSK RTO maybe

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2020-05-20 22:52 | Report Abuse

rubbish stock, sell

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2020-05-19 15:57 | Report Abuse

huat chaiii

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2020-05-19 15:57 | Report Abuse

india continue buying malaysia palm oil

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2020-04-30 10:12 | Report Abuse

Those who sell cuz of qr really retarded

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2020-04-24 15:38 | Report Abuse

There is very limited risk to this counter with a potential 20% upside from .235 to .28 privatisation by mid May...do you really think privatisation will not go through? Why all the hassle then to initiate this vgo?

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2020-04-24 15:29 | Report Abuse

Glove production 24/7, glove former also need to change faster,