2 people like this.

12 comment(s). Last comment by calvintaneng 2020-10-28 12:00

LaoTzeAhSir

1,304 posts

Posted by LaoTzeAhSir > 2020-10-27 13:53 | Report Abuse

pui

aikinlai

896 posts

Posted by aikinlai > 2020-10-27 13:55 | Report Abuse

I dun think can uae PE 30 for luxchem.

Booyeah

365 posts

Posted by Booyeah > 2020-10-27 14:00 | Report Abuse

sleeping meh.. assign pe like finding gf so easy want assign how much? zzzz

calvintaneng

56,561 posts

Posted by calvintaneng > 2020-10-27 14:15 | Report Abuse

YJInvest likes this.

TYVM

Cloudboy

456 posts

Posted by Cloudboy > 2020-10-27 14:17 | Report Abuse

calvin ....should be pe 50 la.....30 ..so little only

calvintaneng

56,561 posts

Posted by calvintaneng > 2020-10-27 14:24 | Report Abuse

Cloudboy

calvin ....should be pe 50 la.....30 ..so little only
27/10/2020 2:17 PM

Calvin replies

I think we must also read the market pulse from fellow i3 forumers

ALL TAIKO GLOVES LIKE TOPGLOVE, SUPERMAX, HARTA & KOSSAN WE ASSIGNED THEM WITH P/E 30 AS A WHOLE

THAT WAS IN THE EARLY FIERY STAGE

NOW THAT GLOVE BULL HAS MATURED A P/E OF 20 SHOULD BE FAIR

LIKE THIS

STAGE ONE

Running on flat land
Can running very fast

STAGE TWO

Going uphill now. So the run turns to walk


STAGE THREE

Now near mountain summit

No longer running. Hard to walk also as the going get steep

So?

Crawling up slowly

This is why John Templeton said

Bull market is born in pessimism

Grows in skepticism

Matures in optimism

Dies in euphoria

GLOVE BULL IS NOW BETWEEN OPTIMISM & EUPHORIA

sensonic

690 posts

Posted by sensonic > 2020-10-27 22:20 | Report Abuse

LUXCHEM WILL FLY TOMORROW. SIFU CALVIN

Posted by MaGic Dust > 2020-10-27 23:38 | Report Abuse

This article is SUPER MISLEADING to con small children >>> You cannot even use forward PE 30 for Supermax (same industry).... Or else Supermax will go up buy 400% (assume current quarter RM800 million x4 = Forward PE 7.5) to match Harta's valuation of PE 30! BETTER THAN buying LUXCHEM :DDDDD

What's more Luxchem and Harta are from two completely different industry LOL

calvintaneng

56,561 posts

Posted by calvintaneng > 2020-10-28 00:00 | Report Abuse

Harta needs luxchem to supply it's nitrile gloves chemical

Out there no more nitrile gloves chemical from now till end 2021

Without nitrile gloves chemical Harta will be in deep deep trouble

Just call Mr Sim of Luxchem and you shall know the truth

YJInvest

106 posts

Posted by YJInvest > 2020-10-28 10:43 | Report Abuse

Hi Calvin. Your thoughts on AmInvest TP of RM0.79 for Luxchem? AmInvest recommends Sell. I have come to realise that with banks, when they sell, it is actually a buy call. What do you think? Thanks.

jackfruit

544 posts

Posted by jackfruit > 2020-10-28 11:07 | Report Abuse

If Luxchem is so good why earn only 1.59sen the current Q reported. Eurospan a furniture maker earn 4.48sen is very much better.

calvintaneng

56,561 posts

Posted by calvintaneng > 2020-10-28 12:00 | Report Abuse

Cannot trust Aminvest lah

They gave Target Price for lapsap Mahsing at Rm1.50

Aminvest should change Target Price of Rm1.50 from Mahsing to 79 sen (correct)

And change Target Price of 79 sen for Luxchem to Rm1.50 (correct)

Follow Calvin Tan Research as Calvin done all the research already

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