Posted by paperplane > 2020-12-07 07:23 | Report Abuse

ya. mixed fortune 2020. 2021 will be WEALTH OF FORTUNE. wakeup lah. the strong cashflow flooding into our country forex, mainly helped by gloves manufacturer

Posted by calvintaneng > 2020-12-07 14:50 | Report Abuse

KEEP TO 8 PROVEN GLOVES ONLY

Even if I assume the selling price for gloves is not increased for the whole financial year, all the glove stocks are selling at very low PE as shown on the table below:

Name Price Quarter EPS 4XEPS PE

Supermax Rm 8.29 Sept 30.58 Rm 1.22 6.8

CarePlus Rm 2.60 Sept 8.00 32 sen 8.1

Comfort Rm 3.73 Oct 10.30 41.3 sen 9.0

Top Glove Rm 6.65 Aug 15.95 63.8 sen 10.4

Kossan Rm 6.10 Sept 13.6 54.4 sen 11.2

Rubberex Rm 1.73 Sept 4.96 19.8 sen 18.8

Hartalega Rm 14.50 Sept 15.95 63.8 sen 22.7

Instead of selling my glove stocks, I should consider to buy more glove stocks, especially Supermax.

Calvin comments:

I think SUPERMAX has already done very well with ASP

I bought Supermax at Rm1.73 & sold all above Rm18 (after bonus Rm9.00) for 1,000% gain

NOW I THINK KOSSAN STILL A GOOD BUY AT RM5.88

Kossan has the highest Quality

Clean room Surgical Gloves & faces masks

Faithful to its customers thru thick & thin

Kossan does not take short cut but build up its business solidly and professionally

Its Top shareholders are great names. Among them is Eastspring Investment Fund

There are many new glove entrants

BUT LOYAL HOSPPITALS, SURGEONS & DOCTORS WILL STILL STICK WITH KOSSAN FOR THE HIGHEST QUALITY

A Surgeon cannot risk his life using untested & unproven medical gloves out there

Like a brand name KOSSAN is well known for HIGH QUALITY & SAFETY

Nobody will buy cheap roadside medicine from pasar malam

So no surgeon will be gloves from new unknown glove wannabees
07/12/2020 2:48 PM