Buy high Sell low , conlanfirm. and he dunno mtag only doing glove less than 5%

See this sohai, now only buy? super late guru

Dear valued clients,

I feel very sad that I did not recommend Comfort strongly to all my valued clients, I also did not believe all glove stocks can trade at such high PER.

I hope to recommend a "gloves, masks and respirators" stock which I hope can perform very well during this Covid-19 pandemic. This stock I wish to recommend is Mtag.

Background of Mtag
MTAG Group Bhd is a Malaysia-based converter company that offers labels and stickers printing and customized converting services. The Company is also engaged in distributing industrial tapes and adhesive products under the brands 3M and Henkel. The Company’s wholly owned subsidiaries are Toyo Sho Industrial Products Sdn Bhd, Intag Industrial Supplies Sdn Bhd and Intag Steel. Toyo Sho is an integrated manufacturer specialized in label supplies. Intag Industrial offers a wide variety of industrial consumables, such as tapes, die-cut, adhesives, static controls, carrier and cover tapes, clean room supplies and abrasives. It also offers a complete range of industrial protective products including disposables, wipers and gloves, masks and respirators, hearing and protective eye wear. Intag Steel is specialized in providing a range of steel products with the inclusion of ferrous metal and non-ferrous metal for various applications in different industries.
Mtag was listed as an ACE stock in KLSE on 25/9/2019, this stock closed at 0.44 below the IPO price of 0.53.
Please read the below link.
https://www.theedgemarkets.com/article/mtag-closes-below-ipo-price

This counter is cash rich and fundamentally strong, more so with its industrial tapes and adhesive products under the brand name of 3M and Henkel.

It also offers a complete range of industrial protective products including disposables, wipers and gloves, masks and respirators, hearing and protective eye wear which is selling like hot cake amid the pandemic Covid-19.

Please also read the below link to understand this company.
https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-04-28-story-h1506165432-MTAG_0213_MTAG_0231_ANOTHER_GLOVES_FACE_MASKS_RESPIRATORS_DISTRIBUTORS_.jsp

Below is my stock selection criteria.

My stock selection criteria
Below is my stock selection criteria, I want all of you to remember this keyword "UBS GMF".
Mtag passed 6/6 of my stock selection criteria.

TA comes first
U - Up trending stock - Cross "Golden Cross Buy" - Passed
B - Breakout chart - Break above 0.45 - Passed
S - Sector to focus - Glove Industry and ACE - Passed

FA comes second
G - Growth > 12% per year (2020) - Passed
M - Margin of safety > 56% - Passed
F - Forecast current year EPS must be better than previous year EPS - Passed

Please note that I consider TA ahead of FA in my stock recommendation.

TA reading
Enclosed is the technical chart of Mtag for your reference.
Money flows into this stock.
Blue color Force Index accompanies high volume.
Golden Cross Buy signal appeared. The present price had crossed 70-day SMA.
All indicators are showing buy signals.
3 important features appeared in the technical chart
I want the following features to appear in the technical chart so that the probability to win on this stock is very high.
The Golden Cross of 20-day EMA to cut above 70-day SMA had been formed.
The share price of Mtag is higher than 70-day SMA to create a 3-month high.
MACD buy signal appeared, both the Blue and the Red lines are above zero level to show a stronger momentum.
FA
Enclosed is the FA report for your perusal.
I believe 2020 result will be better than 2019.
There were 3 consecutive quarters of positive growth in PAT.
There is a net cash of 97 million in the financial statement.
EPS Growth = 12%
Free Cash flow > 30% of net profit = 14 million
PE Ratio = 8.6
ROE = 20.43%
EV/EBIT = 4.70
Recommendation
The FBMACE index had crossed 200-day SMA, I will focus on ACE stock with good FA.
I had revised up my target price to 1.08. If you buy at 0.47, the potential gain is 130%.
The target price is set at PER=20, the present EPS=0.054.
The strong support is at 0.39. I recommend a buy when the share price breaks above 0.45.
The stop loss is at 0.28.
Both TA and FA are very good for this stock.
Buy and hold strategy is the best for this stock in order to win big.