bursa needs to investigate, apparently my friend told me macquarie was selling topglove alot yesterday, then they issue report, this is called front running
Haiyah how do you expect them to make more money from you? Now they scare the retailers so they can collect cheap, then after TG impressive QR result they will just write another analyst with their original TP of rm30.40 (before bonus issue). Simple way really
Why worry? TG order is confirmed till the next 540 days for nitrile gloves. Easily the bull run can sustain till at least for another 1.5 years. These analysts know that but they are greedy wanna collect cheap stocks from retailers like u n me
ASP cannot sustain at peak forever , ASP will back in normal one-day , Glove PAT will back to normal !! . Next week will more IB to downgrade glove , rubbish people everyday promote glove cheating newbie all in glove
ASP cannot sustain at peak forever , ASP will back in normal one-day ASP cannot sustain at peak forever , ASP will back in normal one-day ASP cannot sustain at peak forever , ASP will back in normal one-day ASP cannot sustain at peak forever , ASP will back in normal one-day ASP cannot sustain at peak forever , ASP will back in normal one-day ASP cannot sustain at peak forever , ASP will back in normal one-day ASP cannot sustain at peak forever , ASP will back in normal one-day ASP cannot sustain at peak forever , ASP will back in normal one-day ASP cannot sustain at peak forever , ASP will back in normal one-day ASP cannot sustain at peak forever , ASP will back in normal one-day
things changing from time to time....no surprises MQ update the TP in short time. in sudden, a new virus detected...then the TP need to revised again la....
Of course ASP cannot sustain at peak forever n things changing from time to time.... but don't tell me that when they issue the report on 26th August they didn't know the price will be back to normal in the distance future.
Hope more IB should come out and defend their price target. I personally feel the retailers should be a victim of this manipulation by certain ulterior motive IB.
The price already between rm4 to 5 back in last year even that time their NP less than 100m, what the current price should be if follow the trend as last year?
My two cents comment on Macquarie Group analyst report today was uncalled for unless it has ulterior motive or bad faith behind it. Prudently at least wait for QTR result to be out before you publish it after the analyst briefing by the company.
Up got ppl happy because gained a lot, down also got ppl happy because can buy lower save a few thousand ringgit per share. So why arguing against each other ? Be happy don't worry, tomorrow can buy Topglov, Supermx, Kossan and Harta at a much lower prices.
PotentialGhost yes, one day will back to normal. One day we will change to 6G phones one ma, why you bother to buy phone now? why you buy 5G phone? Dont buy. Waste of money. ASP will revise, but capacity? Capability to strangle the smaller player with their enormous production capacity and capability to revise their ASP so low that they can starve the small players or brand polishers out of the game?you know how to play this tactic? Now they 26% of whole market share, if you starve them out arh will you be able to secure 5% more? high ASP is a shortcut to raise your profit, what matter most is where your company can go so low in ASP and yet still earn similar profit, by raising your revenue. Do more work, get more business, the life cycle of companies cannot always expect "normal" to be high profit%, they should train themselves to get used to low %profit but still shocking profit. you know why harta gg-ed in this race? you know how much their %profit is pre covid arh? i give you example la, they earned almost 3 times by sell one pc of glove compare to tg selling one pc. Can they stand a ASP reduction? Can TG stand a ASP reduction?
unscrupulous Macquarie ..SC/Bursa needs to investigate them for horrible reporting ...2 reports contradicting each other ..what nonsense. Thank you for highligthing this Fightingdragon
What's Bursa and SC doing!!!!! Sleeping !!!! How can we let this SOTB off! Can someone or TG Management report them? They need to be investigated for SURE.
Always take these so call Analysts advices as a pinch of salt, they may have ulterior bias motives it's normal as they recommend buy or outperform and they are selling instead retailers take the bones and they eat the flesh
Malaysian investors must grow up and stand against such prosperous manipulation by certain irresponsible and ethical practices. These people must be stopped!!!
Analysis is based on facts on hand. Not your prediction. If you want to predict be a shaman"
=====================================
Analysts too are shaman. The diffrence is they use number, news, events and chart for their forecast, while shaman use coconuts, jossticks and recite verses from book.
The keyword is FORECAST which is categorically prediction.
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Posted by GiantPanda > 2020-09-10 17:24 | Report Abuse
That’s how the crook evil IBs con cheat retail investors, twist and spin Buy and Sell calls to benefit their big clients only
Boycott all MACQUARIE call warrants!!!
Ban all Call Warrants!!!
How could useless Bursa and SC let evil IBs issue call warrants on other companies to encourage gambling??
KARMA WILL HIT THOSE EVIL ONES VERY HARD