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News & Blogs
2021-04-27 16:44 | Report Abuse
KYY has missed the boat and is now a sour grape!
News & Blogs
2021-04-26 11:22 | Report Abuse
Uncle KYY, you must be regretting now ... all gloves up up up!
News & Blogs
2021-04-24 15:22 | Report Abuse
I think everybody knows what to do with KYY's comments and not be conned by him. Yes, just do the opposite.
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News & Blogs
2021-04-21 07:30 | Report Abuse
Tradeview Results Update - Kossan Q1 FY 2021
Kossan results is out. Surprising the market, the QR announcement was brought forward. Indeed, it is an exceptional results no wonder the management is eager to share the results with shareholders.
It is the highest record profit and revenue ever in their history. To put things into perspective, this quarter alone, the revenue exceeded RM 2 billion and stands at more than 50% of last full year results. On top of that, the net profit alone in this quarter is RM 1.04 Billion which almost exceeded full year results of QR 2020. The company cash balance stands at RM 1.25 billion and net cash of RM 800+ million after deducting borrowings.
How do you know if the results is mind blowing? Well, the analysts consensus forKossan FY 2021 net profit is RM 2.5 billion. In 1 quarter alone Kossan already did RM 1.04 billion which is 41% of the full year consensus. To add a cherry to the top, the management generously dished out 12 sens dividend in 1 quarter which translates to a dividend yield of 3.15% at current price of RM 3.80. All in all, as an investor in companies, one cant ask for more in terms of the delivery of earnings and performance by the company.
One more point to note, the average blended ASP of Kossan is not sky high like Supermax or Top Glove. Based on the calculation of their capacity of 28 billion pieces per annum, the average ASP is US 76 per carton. However, I am not sure if the actual capacity is now at 28 Billion or 32 billion. Taking 32 billion capacity, the ASP is USD 67. Taking a range of USD 67 - 76 ASP, Kossan is able to deliver record earnings. I shall leave it to investors to assess for themselves whether this is a strong financial performance or otherwise.
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2021-02-25 11:09 | Report Abuse
FRONTKN up so much today. MCLEAN should catch up.
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2021-01-18 16:23 | Report Abuse
Remarks : The Warrants C will be credited into the
central depository system accounts of the entitled shareholders of the Company ("Entitled Shareholders") and notices of allotment will be issued and despatched to the Entitled Shareholders at the address as per the Record of Depositors of the Company prior to the date of listing and quotation of the Warrants C. The Warrants C will be listed and quoted on the ACE Market of Bursa Malaysia Securities Berhad ("Bursa Securities") within 2 market days after the receipt of the quotation application by Bursa Securities.
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2020-12-15 08:47 | Report Abuse
Based on the last announcement,EPF still hold 5.365% of Topglove.
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2020-12-12 13:11 | Report Abuse
JP Morgan didn't say how they arrived at the so-called "fair values". Like plucking the values out of the air! The fundamentals of the big 4 remain rock solid! Profits will be extraordinary at least for the next 2 years!
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2020-12-12 13:08 | Report Abuse
JP Morgan didn't say how they arrived at the so-called "fair values". Like plucking the values out of the air! The fundamentals of the big 4 remain rock solid! Profits will be extraordinary at least for the next 2 years!
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2020-09-14 15:53 | Report Abuse
Supermx has overtaken Topglov's price.
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2020-09-14 15:34 | Report Abuse
@Zoro, you have bought TG after the ex-date for bonus issue. So there is no bonus for you.
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2020-09-11 15:22 | Report Abuse
It's still very much green. Why so quick to pronounce doomsday?
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2020-09-02 16:48 | Report Abuse
@punterking, far from being a dead stock. It has gone up so much! Depends on your entry point.
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2020-09-02 15:28 | Report Abuse
punterking, PA dividend is fixed @ 0.02%.
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2020-09-01 15:45 | Report Abuse
If not selling to US, can sell elsewhere. Not a problem because demand more than supply.
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2020-09-01 15:03 | Report Abuse
Buy PA better. Add 8 sen to convert to mother.
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2020-08-24 10:06 | Report Abuse
2 PA for 1 mother share or 1 PA + 8sen. Better buy PA.
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2020-08-18 17:55 | Report Abuse
How would the bonus issue affect call warrants?
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2020-08-10 18:21 | Report Abuse
Profit 535.601 million!!! Increased 335.08%
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2020-08-10 15:06 | Report Abuse
Fintec-PA is undervalued. Conversion ratio 2 for 1.
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2020-07-28 18:39 | Report Abuse
@secretinvestor8888, C96 and C1A much better than C97. Check the % rise today.
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2020-07-27 16:54 | Report Abuse
Topglov C81 closed 1.04, up 11.23%. Happy.
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2020-07-24 20:31 | Report Abuse
Fly on Monday. Other glove stocks too!
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2020-07-24 20:29 | Report Abuse
2Q financial results out already ...
The Group's PBT and profits attributable to owners of the Company has improved significantly by 1,864% and 1,947% respectively
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News & Blogs
2020-07-23 06:08 | Report Abuse
Wrong, Calvin. I bought HLT from the beginning when it was listed and got the bonus and free warrants. Thereafter the price plunged and never recovered. It was only recently because of glove stocks rally that the price went up, even hit limit up. But HLT price came down quickly because of poor quarter results. While the big 4 prices rose unceasingly, HLT price hardly moved or were going down.Unless the next quarter result is superb, there is no future for this stock.
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2020-07-20 20:57 | Report Abuse
KYY is making a silly conclusion based on price charts. As though we should buy/sell based on price charts alone!
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2020-07-20 14:29 | Report Abuse
The above from Newbie Trading Channel
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2020-07-20 14:28 | Report Abuse
Bonus issue: potential adjustments to Top Glove warrants
Top Glove Corporation proposed a two-for-one bonus issue today ((https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3069830).
How does this affect the terms of warrants? Using TOPGLOV-C79 as an example, on the ex date of the bonus issue, the following adjustments will be made:
• Revised exercise price = exercise price x adjustment factor = 26.00 x 1/3 = 8.6667
• Revised exercise ratio = exercise ratio x adjustment factor = 22.00 x 1/3 = 7.3333
Note: The adjustments will, theoretically, not affect the price of the warrant, and does not affect the number of units held by investors.
Stock: [TOPGLOV]: TOP GLOVE CORPORATION BHD
2021-05-05 11:03 | Report Abuse
Isn't it old news goreng again?