https://klse.i3investor.com/servlets/ptres/57457.jsp

Kenaga latest TP RM5.10

All shareholders here are feeling great...

@shareinvestor88......how is your day ??

Wow.....we miss you in MahSing tread la....

https://www.theedgemarkets.com/article/local-gamblers-drive-genting-singapore-back-black-3q-earnings-s545-mil

SINGAPORE (Nov 15): Casino operator Genting Singapore has staged a strong sequential recovery between 2Q and 3Q ended Sept 30, as lockdown measures were eased somewhat.

In a quarterly business update on Nov 14, the company, which operates Resorts World Sentosa reported earnings of nearly S$54.5 million for 3Q, compared to losses of S$163.3 million in the preceding quarter ended June 30.

https://www.nst.com.my/news/nation/2020/11/641272/no-suicide-genting-highlands

@choysun......agree.....cheers.

Wow...after gone missing for so many days....88 is still alive.

MGM low for the year was 5.90....now 25.90

Genting low for the year 2.91....now 3.79

MahSing has lost its momentum, but at current price there is good value for long term.

3.68B pcs of gloves per year at pre covid ASPs price (profit USD 15) works out to be about 9 sen per share....at conservative 15 times PE equal RM1.35 (gloves only)

....plus its property, fair value should be above RM2 in next 2-3 years.

Likely no blanket moratorium extension.

https://www.theedgemarkets.com/article/2021-gdp-growth-projection-6575-based-economic-expectations-says-tengku-zafrul

"The M40 group can also ask for an extension of the loan moratorium with easier process, whereby they only have to make a self-declaration without having to present proof that they have lost their jobs or that their pay have been affected.

"To date, about 98% of the applications from the M40 group have been approved," he said.

Posted by choysun > Nov 14, 2020 9:07 PM | Report Abuse

@shareinvestor88 Don't TP anymore nonsense la. Join the bandwagon before it's too late :)

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People who have so much free time to post such nonsense, normally do not have money to buy la.

https://www.cnbc.com/2020/11/12/stock-market-futures-open-to-close-news.html

Shares of cruise operator Carnival rose more than 7%. United Airlines and Boeing were both up more than 5%. Disney closed 2.1% higher on the back of better-than-expected quarterly numbers. At the sector level, energy and industrials rose 3.8% and 2.2%, respectively, to lead the S&P 500 higher. Financials were up more than 1%.

Both the Dow and S&P 500 logged strong weekly gains, boosted by Pfizer’s news on Monday that the vaccine it is developing with BioNTech was more than 90% effective in a trial. This caused a rotation into the cyclical stocks that would benefit from an economic comeback next year. Investors dumped technology shares which have held up during the pandemic.

MGM Resorts top gainer on S&P 500, up 9.3%

@shareinvestor88 How is your day??

Where have you been??

@shareinvestor88 How is your day?

Where have you been??

MGM Resorts top gainer on S&P 500, up 9.3%

Now Bursa trades more on sentiment and momentum, less on fundamental.

Posted by Sharefisher > Nov 14, 2020 8:24 AM | Report Abuse

I dare not to post the above in glove forums, they go after my mother, father and family... ... Crazy people are all over the forums now.

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Ha ha ha.....good one.

I agree......

https://www.cnbc.com/2020/11/12/stock-market-futures-open-to-close-news.html

Shares of cruise operator Carnival rose more than 7%. United Airlines and Boeing were both up more than 5%. Disney closed 2.1% higher on the back of better-than-expected quarterly numbers. At the sector level, energy and industrials rose 3.8% and 2.2%, respectively, to lead the S&P 500 higher. Financials were up more than 1%.

Both the Dow and S&P 500 logged strong weekly gains, boosted by Pfizer’s news on Monday that the vaccine it is developing with BioNTech was more than 90% effective in a trial. This caused a rotation into the cyclical stocks that would benefit from an economic comeback next year. Investors dumped technology shares which have held up during the pandemic.

https://www.cnbc.com/2020/11/12/stock-market-futures-open-to-close-news.html

Shares of cruise operator Carnival rose more than 7%. United Airlines and Boeing were both up more than 5%. Disney closed 2.1% higher on the back of better-than-expected quarterly numbers. At the sector level, energy and industrials rose 3.8% and 2.2%, respectively, to lead the S&P 500 higher. Financials were up more than 1%.

Both the Dow and S&P 500 logged strong weekly gains, boosted by Pfizer’s news on Monday that the vaccine it is developing with BioNTech was more than 90% effective in a trial. This caused a rotation into the cyclical stocks that would benefit from an economic comeback next year. Investors dumped technology shares which have held up during the pandemic.

https://www.theedgemarkets.com/article/midf-downgrades-property-sector-neutral-recovery-slowed-cmco

Despite a muted outlook for the property sector, she still likes Mah Sing as she expects its recent venture into gloves manufacturing to boost its earnings significantly in FY21. Besides, she also believes that it could be the potential beneficiary of stamp duty waiver for first time home buyers for the period 2021-2015 due to its strategy of launching affordable housing.

https://www.malaymail.com/news/malaysia/2020/11/13/warning-against-debt-fuelled-economic-growth-bnm-says-extending-blanket-loa/1922365

BNM governor Datuk Nor Shamsiah Mohd Yunus pointed out that a blanket moratorium on repaying bank loans “will not be in the best interests of the economy”, as allowing all borrowers — even those who can afford to resume repayments — to postpone payments would be similar to kicking the problem down the road.

Wow....nice

https://www.theedgemarkets.com/article/thailand-allows-banks-resume-dividend-payment-after-tests

@shareinvestor88.....how are you today ??

Where have you been ??

@shareinvestor88....how are you today?
Why no posting for so many days??

@shareinvestor88.....how is your day?
Why absent for two days?

@shareinvestor88....why today no posting ??

@shareinvestor88....why today no posting ??

No one can time the market. If you feel there is long term value, you buy and hold....not trade.

In the near term....BANKS will be the next GLOVES.

....due to high retail participation, low valuation and new theme play.

EPF tells you ??

Posted by apple168 > Nov 9, 2020 3:16 PM | Report Abuse

TP 2.5 to 2.8

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When ?????

@shareinvestor88.....How is your day, today?

@shareinvestor88.....how is your day, today??

Posted by JBond007 > Nov 10, 2020 1:10 AM | Report Abuse

shareinvestor88, where are you?
Waiting for your daily post.

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Ha....ha......ah......
What a good one......

KUALA LUMPUR: Hartalega Holdings Bhd says demand for rubber gloves won’t be affected by vaccines for the Covid-19 coronavirus and will continue to outstrip supply in the next three to four years.

The pandemic has changed users’ behavior, that has resulted in the demand for gloves, chairman Kuan Kam Hon told reporters. Demand for usage in developed countries have increased 30% while in developing countries, usage has more than doubled, he says.

The industry cannot meet the 120b of additional demand for gloves. This demand can only be fulfilled in three years, he adds.

Spot prices for gloves have jumped 30% this quarter and he expects them to increase 40-50% in coming quarters, he says.

Glove prices are now three times higher compared to those during pre-covid-19.

Hartalega earmarked RM1.5bil investment to build four plants, of which first two lines will be operational by October 2021.

Another RM3bil is for its next expansion phase, its so-called NGC2, which will be fully completed in seven years. - Bloomberg

https://www.scmp.com/news/world/europe/article/3108924/astrazeneca-ceo-says-coronavirus-vaccine-could-be-ready-december?utm_content=article&utm_medium=Social&utm_source=Facebook#Echobox=1604769434

https://www.nst.com.my/property/2020/11/638844/property-sector-benefit-rm15-billion-rail-and-road-spending

The RM15 billion allocation next year for rail and road projects would indirectly benefit the property sector, says Mah Sing Group Bhd founder and group managing director, Tan Sri Leong Hoy Kum.

The government's allocation comes under Budget 2021 announced today for projects such as the Gemas-Johor Bahru electrified double-track, Pan Borneo Highway, Klang Valley double-track Phase 1, Johor Bahru-Singapore Rapid Transit System, and Klang Valley's Mass Rapid Transit Line 3.

Leong said Mah Sing stands to benefit a great deal from the allocation as several of the group's property developments are located nearby some of these rail and road projects.

"The allocation (by the government) would help to improve the location's attractiveness and desirability to live," Leong said.

https://www.freemalaysiatoday.com/category/highlight/2020/11/06/business-winners-and-losers-in-the-2021-budget/

WINNERS

Glove makers

Malaysia’s biggest rubber glove producers — Top Glove Corp., Hartalega Holdings Bhd., Supermax Corp. and Kossan Rubber Industries — were spared a windfall tax on their supernormal profits. Instead, they will contribute a combined RM400 million to bear some of the costs of a coronavirus vaccine and health equipment.

Builders

Builders including Gamuda Bhd. and IJM Corp. stand to gain. The government will go ahead in implementing transport infrastructure projects and will allocate RM15 billion to fund the Pan Borneo Highway, Gemas-Johor Bahru electrified double-tracking rail project and phase one of the Klang Valley double tracking project.

The Rapid Transit System Link from Johor Bahru to Woodlands, Singapore and the MRT3 in Klang Valley will also continue. The government will also continue with the High-Speed Rail Project with Singapore because of its multiplier effect on the economy.

Property

To further boost home ownership, the government will extend full stamp duty exemption on transfer and loan agreements for first-time home buyers until the end of December 2025. The government will also set aside RM1.2 billion for public housing projects.

https://www.malaymail.com/news/malaysia/2020/11/06/rehda-stamp-duty-exemption-for-purchase-of-first-house-worth-up-to-rm500000/1920079

Nothing better to do than posting nonsense?

You lost all your money at Genting Casino??

Why are you so free, spending so much time posting nonsense here...

You lost all your money at Genting casino ??

Financials lead stock higher in US.

Dow up 380 points.

Today, this new kid is doing quite good versus the others...

May be there was some switching from the matured ladies to this sexy young thing.....haha.

Posted by j11an9 > Nov 3, 2020 5:57 PM | Report Abuse

Yeah haha, expected it to go higher.. didn’t tp at the top today and let over 50k potential profits back out.. but like few have said above, sentiments turned for sector late afternoon.. couldn’t be helped.. tmr try make it great again.

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Wow.....bet heavily on this new kid on the block ya....good for you, I hope.

This operator is very kiam siap......won't give opportunity to ikan bilis and traders to make short term gain.

A good operator....to those who are long.....

Good day.

Posted by j11an9 > Nov 3, 2020 1:49 PM | Report Abuse

Damn Kaw annoying like a 90 yo granny who’s dry, depressed and lacking essential nutrients.

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Ha...ha....ha....Good One !

EPF holds alot of MGS.....they can cut down their bond holding.

Posted by Leehenglye > Nov 3, 2020 11:13 AM | Report Abuse

Once the big boys go in, they will they get their fill , come heaven or hell.

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YES !

AGREE !