poormanlearning

poormanlearning | Joined since 2020-05-20

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Stock

2021-01-21 15:26 | Report Abuse

Still overpriced.

When a company that is poor at allocating capital, I think the forward PE should be around 5.

And assuming they can achieve 70% of their super earnings cycle, the share is worth around RM4.15. At RM4.15, TG is a good buy.

At RM6, 14% overvalued

Stock

2021-01-14 10:22 | Report Abuse

Glove stocks are overpriced.

And Wee Chai made a mistake buying back with other people's money. He should've allowed the dividends to support the share price instead of giving it all to EPF.

Tropicana shareholders are shortchanged too.

I think TG share price should be around RM4.5 based on historical earnings, and new demand post pandemic

News & Blogs

2020-12-31 10:22 | Report Abuse

When KYY says buy, you know it is time to run.

Stock

2020-12-31 10:19 | Report Abuse

When shorting begins next year, SuperMax will go down further. As more glove makers come online, and demand normalise, profits will fall.

The game is over.

Stock

2020-12-29 16:16 | Report Abuse

No more supercycle earning from 2021. So, stock market looks forward 12 months to 18 months, I think the game is over.

If you've made money, excellent, time to take profits.

Stock

2020-12-18 09:29 | Report Abuse

KWAP did not get private placement. Private placement was given out to any CIMB clients.

Stock

2020-11-26 08:19 | Report Abuse

Everything is valuation valuation and valuation.

nothing to do with support or not.

Can glove stocks maintain their supercycle profits? no. Will there be a larger demand compared to pre-covid, yes.

But does it justify the share price to go up more than 3x and stay there with TP going even higher than that? I do not think so.

Stock

2020-11-20 08:54 | Report Abuse

I would like Top Glove and EPF to stop buying to let the market decide the price. I think, the price would fall 10% down. After three sessions of 10% down, TG would be fairly valued.

The smart money for TG is to not buy back now. But a glove manufacturer is not an investor, so they are making the wrong moves here.

Stock

2020-11-19 15:25 | Report Abuse

Supermax is overvalued as the supercycle move towards the end. Supermax can not improve on their EPS post 2022, which means, unless Supermax pays a dividend, their share price will return to the good old days (plus increased capacity)

There are just too many players, and too little margin, when 2022 comes.

Stock

2020-11-19 09:15 | Report Abuse

Extreme profits for TG is not sustainable.

- New glove makers in the market, more than 10 new players are in, creating new supply to reduce demand
- Pandemic is ending, within 6 - 12 months. Forward looking earnings will no longer be relevant
- Mr. Lim should give out dividend or spend on their workers welfare (or capacity building). Buying back when market is selling, is not a good way to use capital.

Stock

2020-11-17 11:35 | Report Abuse

Still overvalued by 30%.

I think people are silly to buy at these levels.

Once, the pandemic is over, and already more players joining in, the supercycle of profit will be gone.

Stock

2020-07-08 09:18 | Report Abuse

I think we should only share constructive opinion on the shares

Criticizing a Malaysian made product shows you lack class and national pride.

I hope AA survives, as AA is a Malaysian boleh company.

If you do not have good things to say, just keep quiet.