I am sure Supermax can beat this company's earnings

July 22, 2020 00:52 am +08
Polish gloves maker Mercator Medical SA sees a 3,277% stock rally

Mercator shares rose 72% on Monday, after company reported second-quarter net income of US$54 million, four-times more than its cumulative profits in the last decade.

The gains bring this year’s rally to 3,277% — surpassing its bigger Malaysian peers — and valuing the company at US$924 million.

https://www.theedgemarkets.com/article/polish-gloves-maker-mercator-medical-sa-sees-3277-stock-rally

I am sure TG can beat this company's earnings

July 22, 2020 00:52 am +08
Polish gloves maker Mercator Medical SA sees a 3,277% stock rally

Mercator shares rose 72% on Monday, after company reported second-quarter net income of US$54 million, four-times more than its cumulative profits in the last decade.

The gains bring this year’s rally to 3,277% — surpassing its bigger Malaysian peers — and valuing the company at US$924 million.

https://www.theedgemarkets.com/article/polish-gloves-maker-mercator-medical-sa-sees-3277-stock-rally

woo hoo .. TG up up up

wow look at the volume .. big funds buying for both Top Glove and Supermax

wow look at the volume .. big funds buying for both Top Glove and Supermax

no stopping now .. all in Supermax will fly today

all in .. TG going to RM30

lai liao .. glove counters going up up up

lai liao .. glove counters going up up up

THE HIGHER revision of valuation given by analysts on rubber glovemakers like Top Glove Corp Bhd and Hartalega Holdings Bhd could see them become the most valuable companies on the local stock exchange within the next few months.

https://themalaysianreserve.com/2020/07/22/top-glove-hartalega-could-be-bursas-new-behemoths-say-analysts/

Besides the 8 Investment Banks, foreign funds are also buying aggressively .. RM30 soon

Hartalega, Top Glove darlings of foreign investors in Q1, Q2

Its analyst Wong Chew Hann said the two biggest glove stocks saw substantial foreign shareholding participation were Hartalega that rose 7.1 percentage points (ppts) and Top Glove which increased 6 ppts.

https://www.themalaysianinsight.com/s/261075

Congrats to all who held and believe in TG strong fundamentals

Today is Tech sector up .. rotate and will come back to glove

Ah yo .. small correction is healthy .. down by 30 cents after soaring by 30% is normal

Where next for Top Glove’s share price after soaring 32% in 3 days?

Analysts say Malaysia glove maker Top Glove’s share price is poised for more gains in the coming months, despite having skyrocketed 400% this year.

https://www.ig.com/en/news-and-trade-ideas/where-next-for-top-gloves-share-price-after-soaring-32--in-3-day-200721

sharks want to push the price down before going higher .. hold tight folks

wa loa ah .. just because of KYY article .. supermax is down ... hu hu hu . nevermind i still believe in supermax ... steady supermax

Top Glove’s fair value could surpass RM110, Affin Hwang says

https://www.theedgemarkets.com/article/top-gloves-fair-value-could-surpass-rm110-affin-hwang-says

Hold tight tight ... RM100 coming .. woo hoo

steady top glove and supermax

steady top glove and supermax

last time got covid? last time their net profit triple bo???

apolloang last 2 or 3 years ago topglove gave 1 for 1 bonus after ex bonus down 30%

Top Glove to issue up to 5.48bil bonus shares to reward shareholders
By NST Business - July 20, 2020 @ 2:34pm

"The corporate exercise is aimed at rewarding its shareholders and allowing them to have greater participation in the equity of the group, in terms of the number of shares, while retaining their percentage of equity interest held," Top Glove said today.

Executive chairman Tan Sri Dr Lim Wee Chai said adding and creating value for its shareholders has always been a foremost business priority.

"The proposed two-for-one bonus issue will enable us to fulfil our commitment to our loyal shareholders.

"This will also enable us to increase the number of shares in issue, which is expected to create more liquidity and marketability for Top Glove shares," Lim added.

https://www.nst.com.my/business/2020/07/610063/top-glove-issue-548bil-bonus-shares-reward-shareholders

hold tight tight .. dont let the sharks get your share cheap

hold tight tight .. dont let the sharks get your share cheap

26 coming

huat ahhhhhhh

huat ahhhh

huat ahhhhh

Both Top Gove and Supermax shareholders huat ah .. hold tight and rich together

Both Top Gove and Supermax shareholders huat ah .. hold tight and rich together

Supermax ALL the time HIGH

Woo hoo .. panic buying .. go go go

Woo hoo .. panic buying .. go go go

Steady Supermax

steady Top Glove

Glove stocks to be resilient despite volatility

GLOVE stocks are expected to remain resilient despite recent upheavals in the local stock market, as global glove demand remains strong amid tight supplies while the Covid-19 pandemic rages on.
Affin Hwang Investment Bank Bhd believes the continued rise in Covid-19 cases globally, especially in the US, will continue to drive glove demand.

“As there is currently still a shortage of gloves supply, we believe that manufacturers can continue to raise selling prices, which will help improve margins,” its analyst Ng Chi Hoong told The Malaysian Reserve (TMR).

https://themalaysianreserve.com/2020/07/20/glove-stocks-to-be-resilient-despite-volatility/

Glove stocks to be resilient despite volatility

GLOVE stocks are expected to remain resilient despite recent upheavals in the local stock market, as global glove demand remains strong amid tight supplies while the Covid-19 pandemic rages on.
Affin Hwang Investment Bank Bhd believes the continued rise in Covid-19 cases globally, especially in the US, will continue to drive glove demand.

“As there is currently still a shortage of gloves supply, we believe that manufacturers can continue to raise selling prices, which will help improve margins,” its analyst Ng Chi Hoong told The Malaysian Reserve (TMR).

https://themalaysianreserve.com/2020/07/20/glove-stocks-to-be-resilient-despite-volatility/

Let them sell and buy back at a higher price , thus help push the price even higher

Friendship Contra players will sell now and buy back much higher prices in the future

yttihs .. thanks for correcting me

awesome open ... hold tight and enjoy the ride . supermax result out end of this month

nice start to the week .. many more too come ..

119K shares at $23 ????

Supermax's share price might even overtake Top Glove soon ... we have overtaken Kossan and Harta already #DaretoDream

Fund managers at Northcape and Samsung Asset Management have increased their bets on the sector this year saying the shift in glove demand is structural and many market participants are still behind the curve.

Read more at: https://www.bloombergquint.com/markets/a-1000-rally-has-glove-maker-stock-mania-outpacing-even-tesla
Copyright © BloombergQuint

Gloves stocks hv strong fundamentals and future earnings to support the high share price

Are Glove Stocks In A Bubble?

https://www.youtube.com/watch?v=uj82TJQ6tcE

Jack Khan ... watch this .. gloves hv strong fundamentals and future earnings to support the high share price

Are Glove Stocks In A Bubble?

https://www.youtube.com/watch?v=uj82TJQ6tcE

We are attracting foreign funds now .. expect to fly higher next week

“The rally in glove makers reminds many of Tesla but the sector’s earnings outlook is more certain than that of Tesla,” said Ross Cameron, a fund manager at Northcape Capital Ltd., which overseas about $7 billion in assets globally. The short-selling ban has had a minor contribution to the rally while “we expect the sector to report significantly more than 100% earnings growth next year,” he said.

Read more at: https://www.bloombergquint.com/markets/a-1000-rally-has-glove-maker-stock-mania-outpacing-even-tesla
Copyright © BloombergQuint

We are attracting foreign funds now .. expect to fly higher next week

“The rally in glove makers reminds many of Tesla but the sector’s earnings outlook is more certain than that of Tesla,” said Ross Cameron, a fund manager at Northcape Capital Ltd., which overseas about $7 billion in assets globally. The short-selling ban has had a minor contribution to the rally while “we expect the sector to report significantly more than 100% earnings growth next year,” he said.

Read more at: https://www.bloombergquint.com/markets/a-1000-rally-has-glove-maker-stock-mania-outpacing-even-tesla
Copyright © BloombergQuint

WHO reports another record daily increase in global COVID-19 cases, up nearly 260,000

Hold tight tight ... more highs and records to be broken

GENEVA: The World Health Organization reported a record increase in global coronavirus cases for the second day in a row, with the total rising by 259,848 in 24 hours.

The biggest increases reported on Saturday (Jul 18) were from the United States, Brazil, India and South Africa, according to a daily report. The previous WHO record for new cases was 237,743 on Friday.

https://www.channelnewsasia.com/news/world/covid-19-who-reports-record-daily-increase-global-cases-12944332