Posted by Kukuman > 2020-08-15 17:23 | Report Abuse

Sir, i thought you asked people to sell Supermx some time back. Why the sudden change of heart?

Posted by sharkdododo > 2020-08-15 17:29 | Report Abuse

THe recent increase in their profit show that they will be able to achieve higher the next quarter. rm 30 not a problem. eps 30 cents. assume 4 quarters of 30 cents. 25 pe also give them minimum rm 30 bucks man. ignore the noises on new production. you think new production within 6 months can commission (run) meh. Vaccine? Vaccine use bare hands to develop meh. think about that man.

Posted by jolow > 2020-08-15 17:31 | Report Abuse

take profit loh.
if not profit also hangus. Kosong saja
Dont be so greedy.

Posted by abang_misai > 2020-08-15 17:36 | Report Abuse

Let's be sensible.

Fund managers accumulated huge chucks of glove stocks from March-July. When fund managers have kept lots of stocks, they will need good results to unload because that will be the only times many victims will rush in to buy.

Many said December is the best month to unload because record breaking results will be released. At that time, there will lots of competitors in the market. Vaccines could already be produced. .

When you have made enough, it's time to let go.

Posted by mf > 2020-08-15 17:37 | Report Abuse

India akan hasilkan vaksin secara besar-besaran - Modi
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NEW DELHI: India bersedia menghasilkan vaksin COVID-19 secara besar-besaran sebaik saja mendapat kelulusan saintis, kata Perdana Menteri, Narendra Modi.

Posted by antidebt > 2020-08-15 17:38 | Report Abuse

before fund manager unload in dec, i think i will unload early then them.
Once fund manager unload, it will triple limit down.

Posted by abang_misai > 2020-08-15 17:39 | Report Abuse

@mf, lu apahal? Mau bikin takut sama pelabur(kaki judi saham) kah? hehe.

mf India akan hasilkan vaksin secara besar-besaran - Modi
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NEW DELHI: India bersedia menghasilkan vaksin COVID-19 secara besar-besaran sebaik saja mendapat kelulusan saintis, kata Perdana Menteri, Narendra Modi.

Posted by abang_misai > 2020-08-15 17:39 | Report Abuse

it will be four-ple (4 times tumbling down).


antidebt before fund manager unload in dec, i think i will unload early then them.
Once fund manager unload, it will triple limit down.

Posted by gemfinder > 2020-08-15 17:42 | Report Abuse

I think kyt stucked again. Vacine news is coming out everyday. By oct nov too late to run.

Posted by Kukuman > 2020-08-15 17:50 | Report Abuse

Everyday people load, unload and reload. It is a game played by everyone. There are hundreds if not thousand deep funded establishment playing the game. But there are a few rogue fund managers trying to corner the markets. Sometime they can but all the time! Those have unloaded will reloaded again for sure. It is a circle played all year long !

Posted by abang_misai > Aug 15, 2020 5:36 PM | Report Abuse
Fund managers accumulated huge chucks of glove stocks from March-July. When fund managers have kept lots of stocks, they will need good results to unload because that will be the only times many victims will rush in to buy.

Posted by amsterdam > 2020-08-15 17:54 | Report Abuse

The title should be supermax shareholder should be worry and unload fast.

Posted by abang_misai > 2020-08-15 18:21 | Report Abuse

When Koon is bullish and says no worries, you are old enough to know what to do next.

Posted by BATFLY > 2020-08-15 18:22 | Report Abuse

Imagine EPS of 30 and 4 qtrs equal 120..PE at 20 TP should be RM24.00 conservatively if earning is the same..

Posted by abang_misai > 2020-08-15 18:27 | Report Abuse

Do you know what is meant by oversupply that is imminent? Those who are glove manufacturers are doing expansion. Those who do not know glove also do this venturing. Those products which will soon experience oversupply will only be assigned to a PE of 5 max

Posted by 3mchildren > 2020-08-15 18:51 | Report Abuse

Tqvm Mr Koon for always sharing ur views.
Pls clarify. U called a buy call on top hlove n offload supermax awhile ago

Posted by 3mchildren > 2020-08-15 18:51 | Report Abuse

Top glove

Posted by Kukuman > 2020-08-15 18:56 | Report Abuse

PE 5? No way! It will be PE 1. Thank you for the enlightenment. You are genius!

Posted by abang_misai > Aug 15, 2020 6:27 PM | Report Abuse
... Those products which will soon experience oversupply will only be assigned to a PE of 5 max

Posted by zhen wei & JP > 2020-08-15 19:10 | Report Abuse

https://ibb.co/hgmtcTy

Few glove factory has started to expand thier production output.

May expect Fierce competition September onwards.

Posted by zhen wei & JP > 2020-08-15 19:42 | Report Abuse

Due to major expansion by glove factory lead time may be reduced.
Approx 25days after payment made. This may stabilise cost price.

zhenwei.

Posted by UncleHuat61 > 2020-08-15 20:14 | Report Abuse

Welcome back

Posted by Targeted > 2020-08-15 20:44 | Report Abuse

.
Lead time more than 12 months, thats how one measures demand in glove industry - lead time!

Posted by Targeted > 2020-08-15 20:46 | Report Abuse

.
Those who understand glove industry will be happily loading up like TG bosses.............hehehehehe

Posted by mf > 2020-08-15 20:51 | Report Abuse

MOSCOW: Russia has produced the first batch of its new vaccine for COVID-19, the Interfax news agency quoted the health ministry as saying on Saturday (Aug 15) hours after the ministry reported the start of manufacturing.

Posted by gemfinder > 2020-08-15 20:52 | Report Abuse

When kyy said no wories, means is time to sell. Last time he oso said dayang no wories in d end wat hapen

Posted by pang72 > 2020-08-15 20:55 | Report Abuse

You all still don't scare of so high value gloves?

Posted by abang_misai > 2020-08-15 20:58 | Report Abuse

At the end margin call ler.....

Posted by gemfinder > Aug 15, 2020 8:52 PM | Report Abuse

When kyy said no wories, means is time to sell. Last time he oso said dayang no wories in d end wat hapen

Posted by abang_misai > 2020-08-15 21:03 | Report Abuse

Aggressive factory expansions, emergence of new competitors, vaccine found means front liners/those deemed risky group will be vaccines first means less contagion to take place. It simply means RACE TO THE BOTTOMS. Siapa cepat angkat kaki, dia lah terselamat

Posted by CharlesT > 2020-08-15 21:04 | Report Abuse

Many r still sitting on few hundred percent paper gain...

U dont cut win others will.

Run Forest Run

Posted by abang_misai > 2020-08-15 21:06 | Report Abuse

If you don’t run, you simply let others to run. Time is up. It’s now the commencement of game of Racing to the Bottom.

Posted by CharlesT > 2020-08-15 21:08 | Report Abuse

When i saw sifu suddenly revised his TP fm rm24 to rm50 n started to post in I3 then i only can think of one thing...

Run Forest Run....

Posted by abang_misai > 2020-08-15 21:10 | Report Abuse

Run forest run. Race to the bottom. F1 to the drain.

Posted by rchi > 2020-08-16 19:23 | Report Abuse

Run forest run.Charles you made my day.Hahaha.

Posted by Mabel > 2020-08-16 19:32 | Report Abuse

I'm holding..

I want to do something to the world community.

I came into Gloves as early as January after Theresa Kok pledged donating 18 million gloves to China to help them fight the Coronavirus.

Along the way I have been trading these Fantastic Four. Bought few batches during last week retracement since the price was too delicious to ignore..

Bottom line, my Gloves and Health Care P&L is still looking good. In fact it's the best performing sectors from the 15 sectors I have invested.

So no issues to hold until next year. I'm doing it not because KYY said so. I'm doing it because I want to be part of this development to fight Convid 19..

Along the way, if I can make money, which I believed I will, why not?

Stay Invested..

Meow

Posted by zhen wei & JP > 2020-08-17 22:31 | Report Abuse

Dwindled.

Posted by gemfinder > 2020-08-17 22:33 | Report Abuse

Kyy is most woried