Posted by greedy44444 > 2020-08-27 13:08 | Report Abuse

This is real story....vaccine coming very soon. Number of cases in US also dropped significantly for the last two weeks. No news about the sharp drop in new cases in US here in i3investor, why ? Scare the price of glove stocks slump ?? When new cases increased so much early August, everyday can see so many reports about how serious covid-19 in US. Now why so quiet ? Just tell the truth. ASP definitely going down by end of the year.

Posted by newbie8080 > 2020-08-27 14:28 | Report Abuse

US has their annual seasonal flu between Oct to Feb which may compound the infection rates.
Besides that, Huricane Laura may cause additional problems to the community in the south.

https://www.cdc.gov/flu/about/burden/index.html#:~:text=While%20the%20impact%20of%20flu,61%2C000%20deaths%20annually%20since%202010.

Posted by BATFLY > 2020-08-27 14:32 | Report Abuse

I just wonder the credibility of analysts that predict TP for Top Glove. At Rm40 and Supermax at Rm30 where there is no change in production outout.

Posted by BATFLY > 2020-08-27 14:32 | Report Abuse

Ouput.

Posted by BATFLY > 2020-08-27 14:33 | Report Abuse

Being a profession we must give a reliable TP and not when the glove counter is HOT and TP seems to be changing now and then..

Posted by sichin > 2020-08-27 18:11 | Report Abuse

Please make sure the fund house doesn't accumulate gloves shares when the price is low! Be ethical and professional about it! All must hand in there and do not let them have the opportunity to buy low.

Posted by sichin > 2020-08-27 18:11 | Report Abuse

That's why they are forever small fund house.

Posted by youngblood29us > 2020-08-27 21:15 | Report Abuse

Edge linking the decline of glove counters to Apex research is big joke..Apex is nobody la..sometimes edge reporters duno what to goreng, simply pick up some dumb source and write some nonsense..

Posted by youngblood29us > 2020-08-27 21:21 | Report Abuse

no wonder..Oxford intern wrote that shit..lol..obviously he has no clue what he wrote..
https://www.linkedin.com/in/geerenchee/?originalSubdomain=uk

Posted by sensonic > 2020-08-27 23:05 | Report Abuse

ESOK NAK GORENG APA COUNTER? BAGI TIPS SIKIT

Posted by mamatede > 2020-08-28 00:16 | Report Abuse

Price and demand wont fall back to pre-covid time, because there is a genuinely increased in price and demand. But to compare with the Peak of Covid and now certainly moving forward is going lower. so price should reflect tht as well.

Posted by 817065 > 2020-08-28 07:28 | Report Abuse

Some fund house which had been behind curve in seeing the growth in gloves industry is now trying to pretend that they are now ahead of the curve by downgrading the sector after just a few months !

Posted by stocktrade101 > 2020-08-28 08:35 | Report Abuse

Apex analysts are high-school dropouts, hehe.

Posted by dalenyu > 2020-08-28 18:40 | Report Abuse

Apek analysts...

Posted by Pandu1 > 2020-08-29 04:20 | Report Abuse

Always got system probs.

Posted by Tokay111 > 2020-08-29 09:49 | Report Abuse

Not denying glove stocks PE is really high. However with other sectors doing very badly based on Q2 results, people will still flock to glove counters before stabilisation.

Posted by speakup > 2020-08-29 20:24 | Report Abuse

https://www.theedgemarkets.com/article/sinovacs-coronavirus-vaccine-candidate-approved-emergency-use-china-%E2%80%94-source
good or bad?