I just received news of a temporary blip due to US sentiments, just a minor turbulence for now. Ride it on and you will see rainbows soon.

https://www.theedgemarkets.com/article/klci-slumps-092-line-negative-regional-markets-volume-swells-over-13-billion-securities

good news is I can see the demand for this stock. Each time it drops and some people throw away their shares cheap, there are buyers pouncing on it and they are NOT on buy queues. That is amazing. A good sign that someone knows that this stock can limit up again soon when the consolidation mode is over. Very soon...smart move by the company to delay the good news of their Q2. once the consolidation is over, they will announce it. Just hold and wait for your wealth to double if not triple.

was just reading all the news articles on the Russian vaccine. seems like another Communist hoax. i dare anyone to try it without WHO approval. Probably risk ending up like the zombies in the Legend movie. Never trust the communists. they have the worst system on earth. even the covid originated in those communist countries.

resilience in the face of adversity...this share remains a gem. TP:2.00

BUY Call

yes, weak holders out, then it will provide a solid foundation for a sharp jump up. Q2 to be the impetus. market is not doing well but they will soon realise there are no other shares better out there to buy,...better buy a profit growth company with stable growing dividends.

once the Q2 comes out, all these sellers will regret it. I see this as a temporary blip

cool it. once results out, it will give a boost to the price, no point dumping now. it would be foolish

chemicals company will always be needed vaccine or no vaccine. Plus, gloves will still be needed to administer vaccine. so not to worry. sentiments are only temporary. fundamentals is long term. The PE ratio of this share and the profits growth generated demonstrates that the TP is 2.0.

For the benefit of members here, I have considered the position. I recommend buying more when it drops to bring the entry price down. Tranche the entry. When this thing shoots up, then you will not only earn but make a profit. This stock fundamentals is solid. So no worries to hold. Do not be discouraged by the drop, look at the profit growth, quarter to quarter.

no panic guys, good news is this is not a penny stock. On dividends payments alone and the company will keep growing, you will get back all your investments. And the share price will also move along with the share price. So no worries, have faith. If you want to help the situation, no more dumping of cheap shares. that will stop the price from falling. It is all up to you.

haha no worries, the TP of this share is around 2.00. A near term fair value is 1.50 range. This is also a stable dividend paying share if you check and the last 4 quarters show a progressive increase in profits. The PE ratio is very attractive as a result. There is still massive upside for this stock unlike the gloves which are fully valued.

steady...now FD rates are so low. no point to put in bank. and there are not many stocks to buy out there which is going to profit that much. Samchem is a gem...

Supermx by the way cannot be compared, that thing has shot up so much it is an OVERVALUE. this share is trading at a relatively low PE ratio. totally different. This is a gem supermx i do not think it is worth that much.

no reason to panic, company fundamentals remain the same nothing changes, the price is a massive undervalue and with the profits coming in through the Q2s, they will soon realise this is a gem. Time to let the old guards go, no faith people no point we keep them. we need holders who have faith. let the new ones take over buy up and the share will go up again. Most important, keep the faith and not throw away the shares and throw away money. TP:2.00 BUY CALL

there is still massive upside to this stock both short term and long term due to the next quarters of healthcare profits. totally no need to dump the stock and suffer losses unless you truly need to use the money.

patience everyone. patience. should be just around the corner when you least expect...

any time soon... that is why people are buying. haha

as I can see, there are many buyers want to buy cheap because there are so many sellers who sell cheap. Quite foolish...

to make money in the stocks, we must be patient. no stock can shoot up everyday. why worry there is so many catalysts.

luxchem's PE ratio is too high for its profits. No point buying it...the current price is not just a fair value, it is OVER-valued. Of all the chemical companies, Samchem's PE ratio is the most attractive, as compared to its current earnings per share. Which is why this is a gem with a TP of 2.00 and when you see the last 4 quarters even before MCO, they are making profits which are increasing. What makes Samchem even more appealing is its intrinsic connection to the healthcare industry. We cannot deny that with the covid, healthcare products need enormous quantities of chemicals to manufacture and with the chemical ASP increasing in tandem with gloves, this will ensure robust growth quarter-to-quarter for samchem. Let's look at the Q2 and you will see what I mean. At current price: BUY CALL.

from my observations of today and last Friday's trading, there are a lot of weak holders who have no faith. Otherwise the price will be trading at 1.50 range... even with the massive sale, the price still holds up. so you know this is a solid share, the question is why no faith. The fair value and TP of this share is 2.00. I will release my financial analysis in awhile to support this valuation. But now there are just 5 reasons why no one should sell and should wait for the price to achieve its full potential.

1. Q2 results coming out.
2. Current price is trading at relatively low PE ratio for the amount of earnings per share generated.
3. the last 4 quarters have been steady with profit increases and the most recent chemical ASP hike as Samchem supplies a lot to glove companies will make the profits increase even more thereby generate the catalyst for a full fledged rerating up.
4. Rupiah has appreciated significantly which means that the last quarter loss which was written off will now be written back, thereby boost the Q2 earnings even more.
5. Samchem, unlike other chemical companies, supplies mostly to healthcare manufacturers including to glove companies - with the Covid raging, this will only serve to make its profits even better.

These are reasons why you should not prematurely dump your shares cheap. You can sell at dirt cheap price now at 1.17 or 1.18 but when this thing goes to 1.50 you will regret it. Very much when it was just trading at 0.90 cents range to 1.05 range last week ,same thing happens and now the sellers regret because it is now 20 cents more expensive. So, guys, you earn most when you keep the faith and wait for 2.00 - which is the TP ascribed by most analysts based on the past quarter earnings AND the current profits projections for Q2. In this regard, this counter is indeed a gem...

I cannot wait for the Q2 to come out...it will pancut like a rocket...

exactly, it is like people buying Magnum and then announcing to the whole world they may strike 4D soon ... sounds very idiotic to me. strike already then only talk la. talk so early for what. no guarantee of success. idiots!

chinese vaccines of all vaccines haha...you still believe the Communist who gives the virus to the world? I will not put my bet on them, I think gloves are more reliable. Plus even if there is a vaccine, people need gloves more than ever...

KK@ Just wait for the Q2 no need to kan chiong...once Q2 comes, bad news or good news, vaccine or no vaccine, pharma or no pharma, top glove or no top glove, this thing is just going to 2.0, simple...

looking at the buying interest, it is just a matter of time before this dormant volcano pancut again...

I will be honest here. I don't even plan to sell until this thing hits at least 3.0. If it is going to take the next quarter end of year, I am willing to wait, the demand for gloves and the crazy ASP prices is just going make this thing pancut every now and then... since my FD monies are all out and interest rates by banks are so low, no point putting in the banks back. I am just going to wait and take my fat fat dividends and capital appreciation end of the year.

when this thing really pancuts, it just zooms. it don't go by 10 20 cents it goes by 40-50 cents...warning rocket power...

bigprice haha ... we are heading for 2.0 soon when Q2 comes out on 28 July

remember guys, if you want other people to appreciate this share and the price you have bought, never ever dump your shares cheap. Come what may, hold the fort. and when it pancut, you will enjoy the wealth. always remember why you buy this share - which is to make money!

this time the pancutan will go past 2.00

yes the smarter investors are coming back

UNLESS you guys want to be poorer, never dump your precious shares. Hold the fort if you want to make money... buy more when people dump if you have the cash to spare... this is a call to hold because the fundamentals have not changed. Q2 results coming out, ASP prices we have been waiting since May June are coming out... Do not listen to fear mongers because they simply want to profit from your foolishness...

Q2 D-Day - 28 July

wait until you see the Q2 la....47-50x at least more than Q1 results, your balls also drop later...

Hotstuff dude, wrong counter la...here is carepls not Supermx or TG. your comments not valid here...

of course buy la. drop don't want to buy when only buy....buy high ah? how to make money...siao...

I urge every fellow shareholder to consider other glove stocks like comfort and carepls...carepls especially has fast forwarded its Q2 results to July because its director cannot tahan to wait, quickly want to deal with the shares. Can you imagine how spectacular the profits will be that they need to announce 1 month earlier - which is only less than 2 weeks away. At the current price, 1.65 that share is going to pancut like a rocket... good time to enter.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3064933

if Tan Sri Lim don't come in and save the day by buying the stocks, this thing no more hope...Tan Sri better lead the way, dump more money in to support your baby and then do a bonus issue make us all feel it is worth it to stay on...

@Johnny boy yo you eh ...you are on the wrong counter dude...we are not interested in Big 4 which is crazily overpriced, I suggest you go spew your comments in that counter... we prefer smaller cap stocks where the growth makes more sense and is sustainable. that is why you don't see carepls prices junam and plunge like TOP Glove. We are steady start small earn big... not like Big 4 va va voom and then crash ...

FELLOW INVESTORS, please take note of this fact. Brazil coronavirus spike so high recently (second largest country to get hit) plus our JV partner, Ansell is a Brazilian company selling in Brazil - can you all see what is going to happen to the profits for Q2 results in 2 weeks time? Still want to sell... I leave that to you...

You are right KK@ I just checked

https://www.ansell.com/my/en/about-us/investor-center/asx-announcements/ansell-limited-to-enter-joint-venture-with-careplus

tomorrow this thing will plunge kao kao ...it is not about rationality...

this is the problem with top glove, using foreign labour dirty tricks...masuk other cheaper better priced glove stocks like carepls and comfort, ... better spread the risks.

i think this thing will just head back to the 14/15 bucks range as it was 3 weeks ago

Apparently, foreign workers issue - don't play play with the US man...

The North America region, comprising Canada and the US, accounted for the largest share or 27% of Top Glove's sales volume during financial year ended Aug 31, 2019 (FY19), according to the company's latest annual report.

For FY19, Top Glove said its rubber glove sales volume in North America rose 20.3% from a year earlier although the quantity sold was not specified...

Source: The Edge

Source: https://www.theedgemarkets.com/article/top-glove-confirms-us-detention-order-gloves-manufactured-subsidiaries

time to exit...this crazy US thingy, can you imagine 20% of TOP glove's sales come from the US. this will dent their profits kao kao... better get the hack out... while you still can