Posted by Sslee > 2021-02-21 16:13 | Report Abuse

Ok
Will buy some if drop below 5.

Posted by probability > 2021-02-21 16:13 | Report Abuse

actually now...uncle's never give up attitude is giving more and more confidence to gloves stocks....

the kite is slowly getting a grip

the longer there are no adverse news on gloves asp.... the pressure will build up for upward thrust

naysayers may slowly start to sense this...

Posted by stockraider > 2021-02-21 16:21 | Report Abuse

Gloves frenzy may go but 5G & 6G are here to stay and INSAS associate inari will be the biggest beneficiary

ONE THINGS IS FOR SURE, IF INSAS DECIDE TO DISPOSE INARI, INSAS SHARE PRICE WILL SHOOT ABOVE RM 3.00 BCOS THE INARI INVESTMENT IS WORTH MORE THAN THE WHOLE INSAS CAPITALIZATION MAH...!!

What gives comfort and holding power to the value investor is that he knows what he is waiting for and how long the wait might be.

There are more other potential catalysts—growth in earnings as business segments become increasing profitable, spin-offs, reorganizations, a new and good acquisition, big fair value gain on investment securities or simply a change in perception of investors, etc. Where there aren’t visible catalysts, activist investors sometimes get in and do the needful.

Note: The next catalyst time line:

The Board has taken note of the shareholders’ comments and will look into formulating a formal dividend policy depending how market recovers in the next nine (9) months. The Company has via an announcement on 26 November 2018 increased the interim dividend payment from 1 sen to 2 sen in respect of the financial year ending 30 June 2019.

Latest development of Plant 34 in Batu Kawan: Construction of Block A with a floor space of 240,000 sqft has been completed and we target to build in the facilities by Jan-March 2019. Production of a new product is expected to commence by second half of 2019.

Block A has been allocated to one of our current customers while Blocks B & C are targeted for new customers. We endeavour to diversify our customer base while still maintaining good relationship with our existing customers. There are potential customers for the remaining 2 blocks, however, we are qualifying customers to select those with good products margin in the niche segments.

Health sensor is mainly used in lifestyle apps and activity tracker devices such as wearables and smartphones. We are in the right technology area as there is growing demand for health conscious real-time monitoring devices. MiniLED is mainly used in billboard advertisement. Our MiniLED production has started in small scale and it is important project for our Company which aligns to digital and modern applications.

Focus on managing costs and margin, and the implementation of Industry 4.0 to acheive greater efficiencies towards lowering of the manufacturing costs.

Numoni is a fintech startup. While it has not been able to gain traction in the e-payment industry, it continues to hold remittance licenses in Malaysia and Indonesia, as well as e-wallet license in Malaysia. Numoni is currently working on partnership or trade sale opportunities as the e-wallet businesses grow, at the same time continuing to develop its product platforms. We believe fintech continues to be important space for the Group to invest alongside its other Tech portfolio.
YES NUMONI COULD BE ANOTHER FUTURE INARI

ALSO DON FORGET INSAS MONEY LENDING, STOCK BROKING AND INVESTMENT BANKING ITS CORE BUSINESS ARE GOING EXTREMELY WELL.INSAS BUSINESS MODEL IS LIKE BERKSHIRE HATHWAY, READY TO POUNCE ON OPPORTUNITY MAH..!!
INSAS last 10 FY Summary: Net worth CAGR: 9.81%....AND DON FORGET INSAS NTA IS RM 2.75 PER SHARE MAH....!!

Posted by stockraider > 2021-02-21 16:21 | Report Abuse

INSAS REMAIN RAIDER'S PROMISING COUNTERS!!

WHY RAIDER DON DUMP INSAS ??

THIS IS BCOS INSAS ALREADY HAS BIG POTENTIAL FAR EXCEED RAIDER'S INVESTMENT HURDLE, THUS IT MAKE VERY LITTLE SENSE TO SELL INSAS, IN FACT IT IS OF GREAT IMPORTANCE TO HAVE a STRONG POTENTIAL Growth & Margin Of Safety STOCK Like Insas mah...!!

Peter Lynch had this very important advice loh....!!

When a stock is cheap, look for the reason,why a stock is cheap?.

If a stock is cheap for a temporary reason, then it becomes value investing.

If a stock is cheap for a permanent reason, then it becomes a value trap.

When you look at the situation if INSAS, you come to the question:

When can I reasonably expect the temporary undervaluation of INSAS to be resolved to it's proper price?

If your answer is I don't know when it will resolve, how it who will resolve it, or why would they?

Then you are better off not owning INSAS.

Just look at the amazing growth track record of value creation of insas for the past 10 yrs

Sept 2020- Nta Rm 2.75

Dec 2019- Nta Rm 2.68

Dec 2018- Nta Rm 2.54

Dec 2017..Nta rm 2.49

Dec 2016 ...Nta Rm 2.18

Dec 2015..Nta Rm 1.96

Dec 2014..Nta rm 1.82

Dec 2013 nta..rm 1.71

Dec 2012 nta ..rm 1.51

Dec 2011 nta..rm 1.38

Dec 2010 nta...rm 1.22

Dec 2009 nta ..rm 1.14

In investment u need to think very intelligently & strategically especially insas loh....!!

Remember this investment maxim mah...!!

RAIDER AGREE Insas SHARE IS CHEAP FOR A REASON LOH...!!

BUT U MUST THEN ASK THE NEXT VERY INTELLIGENT QUESTION, IS IT CHEAP FOR THE RIGHT REASON OR CHEAP FOR THE WRONG REASON MAH.??..!!

IF IT IS CHEAP FOR THE WRONG REASON U MUST BUY LOH....BCOS PEOPLE DON UNDERSTAND THE BIG MARGIN OF SAFETY THERE LOH....SO WE MUST BUY BIG BIG IN FACT VERY BIG LOH...!!

Posted by probability > 2021-02-21 16:25 | Report Abuse

all big 4 glove makers (Harta, Topglove, Supermax, Kossan) had already buy back shares significantly above current trading price (after the vaccine news broke)....even EPF is buying at current price

market cannot ignore this for too long

i dont mind missing the bottom which is uncertain, so that i dont miss the upward thrust which is inevitable

Posted by stockraider > 2021-02-21 16:29 | Report Abuse

Enough lah....now is the time to play safe than going for a few pennies more loh!!

Set your stop at 5%....if it fall below this level...U lari kuat kuat mah...!!

Vacine had arrived loh!

Posted by commonsensing > 2021-02-21 16:32 | Report Abuse

asp go downhill

Posted by qqq33333333 > 2021-02-21 16:36 | Report Abuse

reality is perception and perception is reality.... and the relation between share price and objective reality changes

Posted by probability > 2021-02-21 16:38 | Report Abuse

you want to buy recovery stocks...you do la...it has no conflict of interest with gloves earnings...

like i said earlier, the covid testing is 1% of the demand

general hygiene standards change worldwide - 99% of the demand

Posted by qqq33333333 > 2021-02-21 16:38 | Report Abuse

make money smart lose money smarter next time

Posted by stockraider > 2021-02-21 16:39 | Report Abuse

U better jump into klang river to get your perception & reality right loh!

Posted by qqq33333333 > Feb 21, 2021 4:36 PM | Report Abuse

reality is perception and perception is reality.... and the relation between share price and objective reality changes

Posted by Dcmh > 2021-02-21 16:44 | Report Abuse

Talk 3 talk 4 wanted to sale to get out the hook and ask retailers to buy

Posted by qqq33333333 > 2021-02-21 16:57 | Report Abuse

raider... as for gloves, I am already a net winner what about u?

Posted by qqq33333333 > 2021-02-21 16:58 | Report Abuse

so why is raider always living on hope always hoping for better days while I enjoy the better days?

Posted by qqq33333333 > 2021-02-21 17:01 | Report Abuse

long term investors in Hengyuan, dayang, Jaks, isn't that successful.

Posted by qqq33333333 > 2021-02-21 17:01 | Report Abuse

Sendai

Posted by qqq33333333 > 2021-02-21 17:02 | Report Abuse

traders in Hengyuan, Sendai, Jaks, dayang at least have a fair chance.

Posted by qqq33333333 > 2021-02-21 17:03 | Report Abuse

so investor or trader?

Posted by Sslee > 2021-02-21 17:27 | Report Abuse

Haha qqq3 from student and now become master.

Posted by kelvin61 > 2021-02-21 19:21 | Report Abuse

Geezer still hoping for Supermax revival. That’s a bad sign. All indications are more downward pressure starting Monday. Margin players never learnt. They will hold until the end is near, then brokerage house sell like no tomorrow to recover their money, hahaha.

Posted by i3lurker > 2021-02-21 19:32 | Report Abuse

aiyah no need worry loh.
I look for Sugar Mommy no need to be investor or trader at all.

same also, its in and then out

Posted by gemfinder > 2021-02-21 19:36 | Report Abuse

Pls delete tis rubish post. Repeat the same old story. I think he go inside cofin oso saying the same old story

Posted by arv18 > 2021-02-21 19:37 | Report Abuse

bloody hell, more rubbish from the old man...

chart is showing downward pressure (downtrend). if this is your primary criterion, then Sell, Sell, Sell!!!

Posted by i3lurker > 2021-02-21 19:44 | Report Abuse

He as NOT finished selling yet need Thay Sei Kwai

Posted by gohkimhock > 2021-02-21 19:47 | Report Abuse

Good persons will not ask others to buy at this fxkking high price.. Even RM1.20 I also won't consider..

Posted by Hoho22 > 2021-02-21 19:47 | Report Abuse

Just A Luck-Dependant compulsive gambler!

Posted by probability > 2021-02-21 19:50 | Report Abuse

https://blog.eagleprotect.com/4-major-factors-causing-glove-price-increases

1. SUPPLY AND DEMAND
There has been a 45% increase in global demand for nitrile disposable gloves since the start of COVID-19. Put that into figures, the supply and demand deficit equates to a shortfall of 214 billion disposable gloves - demand has exploded while the supply is only growing incrementally.

US-based Allied Market Research estimates that the global disposable gloves market amounted to $6.8 billion in 2019, and is expected to nearly triple to $18.8 billion by 2027.

This is leading to glove manufacturers posting record profits, attributed to the increased production, a higher volume of gloves sold and significantly higher average selling prices compared with 2019. Net profits as high as a sevenfold increase are now being reported.


2. PRODUCTION COSTS AND CAPACITY
As glove manufacturers produce at their maximum output, the increased glove demand continues to far exceed global supply availability.

The lack of workers in glove manufacturing, due to health and social restrictions of the pandemic, is resulting in increased production costs. Factories must implement Covid testing to avoid the spread of the virus in their facilities, otherwise lockdown measures occur, as has happened to one of the world’s largest glove manufacturers, affecting thousands of workers.

There are also reports of nitrile glove capacity constrained by the shortage of glove moulds, which are essential for production.


3. RAW MATERIALS
The worldwide shortage of nitrile gloves is predicted to continue for more than a year into the first half of 2022 due to a lack of raw materials.

Factories that supply the raw materials are adding new capacity based on the previous year’s demand - insufficient for current demand levels. Building new factories to handle the current demand of nitrile rubber can take upwards of 18 months to be operational.

"The shortage of raw material for our nitrile gloves and the disruption to the supply or production of other material such as packaging materials due to the global lockdown, has caused an increase in the production cost," according to the world's biggest producer of rubber gloves.


4. THIRD-PARTY DEALERS AND HEDGE FUND INVESTMENTS
Social media is awash with third-party dealers offering gloves at exorbitant prices to those desperate enough to purchase from them, in order for their business to continue to operate. Some factories are offloading rejected quality stock they are unable to sell directly to hospitals and governments without legal risks. That is, rejected stock off the production line, offloaded through freight forwarders and third-party brokers without export paperwork which is legally required.

Additionally, investment firms are financing glove purchasing deals in return for large profit share, which in turn is driving total glove cost.

The culmination of these factors are the reason nitrile glove users have seen a dramatic increase in cost throughout 2020. With prices likely to continue increasing for the foreseeable future, purchasing gloves, especially during a pandemic, does come with quality and safety issues for users, particularly in the medical and food industries.

Posted by probability > 2021-02-21 19:53 | Report Abuse

what is 1 million covid test per day vs 214 billion gloves shortfall?

and 18 months to make new gloves production capacity?

""investment firms are financing glove purchasing deals in return for large profit share, which in turn is driving total glove cost""

from above you can imagine this will never bring down the ASP for next 2 years

Posted by probability > 2021-02-21 20:02 | Report Abuse

Rubber glove factory in South Thailand belong to Sri Trang in flames

https://www.bangkokpost.com/thailand/general/2072035/rubber-glove-factory-in-south-in-flames


Walao....18 months to build new capacity from Sri Trang...existing 1/3 capacity gone ah??

Posted by emsvsi > 2021-02-21 21:31 | Report Abuse

BREAKING NEWS: A U.S. Vaccine Surge Is Coming With Millions of Doses Promised [Bloomberg] (STOCK INSIDE)

https://klse.i3investor.com/blogs/emsvsi/2021-02-21-story-h1541198564-BREAKING_NEWS_A_U_S_Vaccine_Surge_Is_Coming_With_Millions_of_Doses_Prom.jsp

Posted by Flying Fox > 2021-02-22 00:04 | Report Abuse

Haha, always learn something new from “never too old never give up” old man.

Now attracted someone to have more confidence on glove stocks, that’s good!

Pls do so, KYY, so more people can gather together to support you & enjoy the SAME DREAM.

Posted by Flying Fox > 2021-02-22 00:16 | Report Abuse

probability, pls don’t give up, learn harder from your master, Mr KYY!

Thumbs up to you for finally following such “great successful MASTER”. Wish you success in glove stocks.

Posted by enning22 > 2021-02-22 07:51 | Report Abuse

on the other hand ,especially lessons on lossing, well , may be Jaya tiasa, jaks, dayang , etx etc.

Posted by Alfonso > 2021-02-22 08:01 | Report Abuse

For uncle, not buying glove stock is dumb, buy glove stock is smart and successful investor.

Posted by abang_misai > 2021-02-22 08:05 | Report Abuse

Vaccine sudah mari. Lu better cepat lari

Posted by gemfinder > 2021-02-22 08:08 |

Post removed.Why?

Posted by cbkia4896 > 2021-02-22 08:45 | Report Abuse

uncle want throw dy, asking u not to sell to prevent him from lossing too much?

Posted by moneycashrich > 2021-02-22 09:05 | Report Abuse

mistake: falling in love with a stock.

Posted by Pinky > 2021-02-22 09:16 | Report Abuse

Easy. Just follow KYY invest in JAKS and Supermax.

Posted by arv18 > 2021-02-22 09:25 | Report Abuse

Is it me or am I seeing Supermx in the TOP LOSER list, first thing Monday morning?

Getting a sense of deja vu...

Posted by Pinky > 2021-02-22 09:30 | Report Abuse

@arv18 the more someone promote it, the more red it...

Posted by Flying Fox > 2021-02-22 09:45 | Report Abuse

Great! it gets cheaper now, it’s wonderful opportunity to buy with lower price!

My TWO CENTS ADVICE for all glove stocks lovers, time to go for it, follow KYY & probability will surely win big!!!

Posted by Flying Fox > 2021-02-22 09:46 | Report Abuse

NEVER GIVE UP NEVER SAY NO, GO GO GO FOR IT!!!

Posted by Flying Fox > 2021-02-22 09:48 | Report Abuse

i am just an uncle eating peanuts & watching show only, no need to bother me, go & grab your prize of winning big in glovv stocks, especially in Supermx

Posted by maggiemee > 2021-02-22 10:00 | Report Abuse

Since you said the whole bursa investor is sssssstuuuuupiddd you already a loser. Estimated you loss a lot in supermax even you keeps on hard sell in your article to buy call. It has proven supermax price keeps on dropping. Does this call yourself a successful investor? Your are not qualified to said ppl are sttuuppidddd

Posted by Flying Fox > 2021-02-22 10:01 | Report Abuse

官有缘，你行你继续加油，不要一面教唆别人买，然后自己偷偷卖

Posted by LimitupLimitDown > 2021-02-22 10:19 | Report Abuse

KYY IDEA OF INVESTING IS 1990-2010. IN TODAYS MARKET WHERE INFORMATION FLOWS FASTER THAN YOU CAN THINK OF AND STOCKS MODELLED TO PROECCT REVENUE GROWTH 5-10 YEARS OUT. HE WILL LOSE ALL HIS BUNGALOW AND MONEY IF HE IS WHALING

Posted by abang_misai > 2021-02-22 10:48 | Report Abuse

Desa Chan a learned-investor-turns-master

Sslee Haha qqq3 from student and now become master.
21/02/2021 5:27 PM

Posted by abang_misai > 2021-02-22 10:58 | Report Abuse

Sooner or later, it will rebound. Investors should buy Supermax now. It is like buying a stock with an insurance to prevent loss.

betulkah?

Posted by arv18 > 2021-02-22 11:19 | Report Abuse

How to be a successful investor?

Answer: By NOT following Fool Yew "Margin Call" Yin.