KYY say sell means buy, say buy means sell. He depressed coz he didn’t buy supermx at low price. Bet after he managed to buy low price, he will say supermx is undervalue
Don't ever trust what this Oldman says. When he recommends to buy a particular stock, you must sell immediately if you own that stock. If he recommends a Sell Call, then you must buy that particular stock. Do opposite whatever he says and you won't go wrong. This Oldman is like a snake with two tongue!
Glove and face mask producers are in the same boat. China is so versatile to convert even car manufacturing facility (BYD) into face mask factory. Post pandemic, surely both glove and face mask will be over supply. Will the pandemic last for another year? All fly by night before they can produce any glove will have to tapao.
得不到就毁掉 woth the lousiest misleading information with zero basis of research. one most low class species senile imbecile old con fox. Changing tone like keling paria and living in big denial.
as if those con companies and new entrants could threaten the big guys. as if your research is better than frost and suvillian and margma and the management. as if the pandemic is turning better. Koon, the official lay d0g of shortist.
your golden rule was a joke then. as if you made money from gloves after it announced continuous profit growth last year. you lose until your pantie gone and cut loss. now you come and talk down n badmouth about it. speak about your character. you blacked heart red eyes old fox.
Anyone reported KYY to SC? He is trying to manipulate the market with his blog. He doesn't have any license some more. Time to shut this criminal up and let the law handle him.
ha ha ha , KYY never fails to amuse me ha ha ha...... Now I begin to wonder if the old chinese saying " when one grows older , one gets wiser " still hold truth ? Or may be he is just an old fox 老狐狸。。。。。
KYY is a criminal who has mislead investors while not holding a license to disperse investment advice. His blog mirrors a market manipulation operation which illegal according to SC. We should report this criminal to SC and let SC bar him from the stock market. KYY can retire happily with his ill gotten gains and be satisfied he is not in jail.
good idea , should report KYY to SC He is not trying to manipulate the market with his blog. he already did that many times. now ah pek must sold supermax so said glove oversupply.....hahaha ah pek lost until crazy ?
As a co-founder of Rubberex, I was told that the demand for glove is still surging due to Covid 19 pandemic despite massive vaccination. Moreover, many more medical workers are wearing glove to do the injection for safety. Additional gloves are required. --KYY in Feb
Glove supply exceeds demand - KYY in Apr
if one has read news, the daily case in feb is around 400K a day, the lowest after it peak at around 800K case in early Jan 2021. Covid case around the globe in Apr 2021 hit another high wave of 700-800K case a day, 7 day moving average is even higher than in Jan and WHO also mention the total case last week is the highest when this pandemic is declare.
Mr Koon must have board elon mask rocket to space station where there is no covid case there and hence he felt the covid case has drop significantly and glove demand will drop significantly and lead to oversupply. Perhap this blog was writen in ISS where he is so lonely there.
Kossan results is out. Surprising the market, the QR announcement was brought forward. Indeed, it is an exceptional results no wonder the management is eager to share the results with shareholders.
It is the highest record profit and revenue ever in their history. To put things into perspective, this quarter alone, the revenue exceeded RM 2 billion and stands at more than 50% of last full year results. On top of that, the net profit alone in this quarter is RM 1.04 Billion which almost exceeded full year results of QR 2020. The company cash balance stands at RM 1.25 billion and net cash of RM 800+ million after deducting borrowings.
How do you know if the results is mind blowing? Well, the analysts consensus forKossan FY 2021 net profit is RM 2.5 billion. In 1 quarter alone Kossan already did RM 1.04 billion which is 41% of the full year consensus. To add a cherry to the top, the management generously dished out 12 sens dividend in 1 quarter which translates to a dividend yield of 3.15% at current price of RM 3.80. All in all, as an investor in companies, one cant ask for more in terms of the delivery of earnings and performance by the company.
One more point to note, the average blended ASP of Kossan is not sky high like Supermax or Top Glove. Based on the calculation of their capacity of 28 billion pieces per annum, the average ASP is US 76 per carton. However, I am not sure if the actual capacity is now at 28 Billion or 32 billion. Taking 32 billion capacity, the ASP is USD 67. Taking a range of USD 67 - 76 ASP, Kossan is able to deliver record earnings. I shall leave it to investors to assess for themselves whether this is a strong financial performance or otherwise.
I always believe that the elder ppl shd just keep quiet n live balance of life in peace, rather than despise by many in this old age, just like some of the politicians!!
Out of 98 comments, all are negatives. from 0-10 his score is big ZERO. This is the caliber of big experience as advert by him. A big big doubt.
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Report Abuse
Please Sign In to report this post as abuse.
Market Buzz
No result.
Featured Posts
MQ Trader
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3157 views | 3 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
bigprice
834 posts
Posted by bigprice > 2021-04-20 19:14 | Report Abuse
Kossan achieve 1 billion profit