SherlockHolmes...buy sell is up to individual. No need to advice people to leave.

Robertzz...agree with your comments on mass swap test.

Signing contract with manufacturers while only MOU with RDIF doesn’t sound right. Don’t make good business sense.

Anyway, just sharing. Buy/sell at your own call.

iPlay...forget about the persistence stubbornness people who are greater than their own foolishness.

Pls ignore @sherlockHolmes...we all kena con by him!!! He refer to stock called ucrash..pls go to correct forum to give your view.

Let’s see whether there will be any announcement tomorrow before fb live. Fb live means nothing. Just a way for management to promote their company. Hope for good announcement tomorrow. Anyway..all the ketchup ESOS group don’t know what’s the real ESOS. All ESOS scheme are approved by bursa. Don’t play play. If using ESOS to press down share price... it’s like washing dirty linen in the public. However, we won’t know whether the share sold are ESOS share. Anyway, ESOS allotments are so little...2 mil shares for each director. Nothing to be concern at all. Let’s move on and hope for all to gain

Not good to bad mouth or ask people buy or sell. Not even talk good. Let all investors make their own decisions based on facts shared.

If got no true facts and data to share, just keep quiet

Common guys...

The esos was announced way back in 2017 when price was low at that time. Now they only exercise the esos. Please see bursa announcement at remarks column. It said “allocation of share”. Whether they sold immediately after allocation was not clear as there was no announcement of this yet. Myself also lost money from this counter. But let’s be objective.

Universe...exercise of esos is not selling lah! What it means is that they converting their esos entitlement to own the share.

Maybe we should report those who spread fake news in this forum

Fed up with this anson. Guys...can we just ignore his comments. Hopeless and useless good for nothing. Wasting my time and energy reading all you guys respond to him.

As soon as I saw his name, I just skip.

Can we all do that? Let him say what he want.

What we all want is constructive information that can help us decide to buy or sell. Ultimately we all want to make money.

Readings you all responded to him is stressful.

All those sifu above advise sell warrant...don’t know which school they come from. For long term player...definitely go for warrant. Leverage on its growth.

Not for short term. Short term is as good as gambling

Isabelle...technically WA is worth zero today...infact you need to fork out money to convert to mother today.

However, since it expires only 5 years later. Assuming Karim word hit bull eye, ie...mkt cap rm5 bil. Mother will be worth around Rm12..therefore WA technically will be about Rm9.50. If this happens, it’s better than a lots of investment out there

Karim sold warrant under margin. Let him clear his debts first. Then we wait his next move

Notice at Kpower, Karim warrant entitlement mostly on margin. He sold to reserve bullet? Speculate only. Whereas at scib, it’s mostly his direct holdings. Will he also sell to reserve bullet???

Suspect Karim disposed off his kpower wa for cashflow planning. Recently he take up huge private placement allocation

Not just share good news on profit made. Must also warn newbies on losses made. Saddened me when newbies are trap due to greed

For all out there. Please take note....

Contra play without holding power sure/guarantee loss money.

Contra play with holding power can make some money. Just don’t be too emotionally about it.

So...please be careful with your hard earn saving.

Seriously, say warrant limit up to 0.90 after 3/4 days. Divide by 2 = 45 cts. Plus today 2.67...basically it’s still 3.22..highest price after ex. Assume price remain at 2.67

Today 67

during pre-covid times, glove selling price is influenced by 2 factors- latex and currency exchange rate. Contract signed is for price review every 3 months.

However, during covid period, obviously there are some additional factors to determine glove price. Look at Harta...pre covid PBT is 19%. Latest q...it is 50% during covid.

I believe the additional factor is the ASP to end user. Win win for manufacturers and distributors.

Having said that, if you analyse the market cap trend of these gloves companies, it is on the up trend. Harta when listed, was around Rm200 mil plus. In 2019, it was around Rm20 bil.

What am trying to imply is that, those bought at higher price may need to wait a little longer to realise any profit.

However, supermx margin is very much higher than harta or kossan..due to the “middleman” margin. Eventually, price will normalised and economic theory comes into play, ie, price will find the equivalent between demand and supply.

Bear in mind that it is not easy for new entrants manufacturers to penetrate the markets. Existing big 4 took years, sweat and all that to reach their current level. I suspect that the big 4 will continue to enjoy higher margin for another few years, assuming demands remain the same. However, demand will drop eventually when hospitals see lesser patients. I feel it is irresponsible to say that with the vaccine, gloves usage will be more or will be less....we all actually don’t know at this point.

Let’s say price before split is Rm6...ex price will be Rm1.50. I see similarity with serbadk. Mother Rm1.67...warrant exercise price Rm2.62...so...expect immediate gain of Rm0.20 from warrant

Answer to Ansonliew Q...why trade receivable so high....
Revenue increased from 95mil (2Q) to 183 mil (3Q). That’s 88 mil already. Construction biz normally based on 3 to 6 months credit term. Without further info... difficult to analyse whether collections is slow or not.

Let’s see next Q financial

Hi Ally...pls add me.
thuha251147@gmail.com. Thanks