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34 comment(s). Last comment by Supermax2020 2021-05-16 11:40

Posted by information > 2021-05-08 19:09 | Report Abuse

FINAL WARNING TO GLOVES SHAREHOLDERS"

Good news in US fight vs. Covid-19

https://www.youtube.com/watch?v=ByLEQeOhPn0

‘Turning the corner’: U.S. COVID outlook reaches most hopeful point yet

https://economictimes.indiatimes.com/news/international/world-news/turning-the-corner-u-s-covid-outlook-reaches-most-hopeful-point-yet/articleshow/82441007.cms

Posted by information > 2021-05-08 19:11 | Report Abuse

simple logic:

ASP dropping even before new capacity coming online

Imagine, with recovering US & Europe and China new capacity coming in, its a double whammy

ASP will drop exponentially
...........................

ASP can NEVER go up from now...

just think about it - nothing can make it go up anymore but only down

this simple fact itself shows why its extremely risky to be invested with gloves stock

gohkimhock

2,894 posts

Posted by gohkimhock > 2021-05-08 19:14 | Report Abuse

i agree very much with this statement "ASP can NEVER go up from now..."

Sslee

4,171 posts

Posted by Sslee > 2021-05-08 19:37 | Report Abuse

What pushes the stock price up or down?
Good question and the answer is because ikan bilis, sharks, insiders, syndicate and IB pump and dump.

brian3381

1,888 posts

Posted by brian3381 > 2021-05-08 20:31 | Report Abuse

Just sell gloves

afif95

70 posts

Posted by afif95 > 2021-05-08 20:38 | Report Abuse

i agree. lets buy ijm land.

abang_misai

2,515 posts

Posted by abang_misai > 2021-05-08 20:46 | Report Abuse

One thing can still go up further and not yet pick, ie raw materials

Posted by information > May 8, 2021 7:11 PM | Report Abuse

simple logic:

ASP dropping even before new capacity coming online

Imagine, with recovering US & Europe and China new capacity coming in, its a double whammy

ASP will drop exponentially

abang_misai

2,515 posts

Posted by abang_misai > 2021-05-08 20:46 | Report Abuse

Peak

qqq3333

2,263 posts

Posted by qqq3333 > 2021-05-08 22:11 | Report Abuse

what pushes prices up and down is buying and selling.

qqq3333

2,263 posts

Posted by qqq3333 > 2021-05-08 22:13 | Report Abuse

quarter profits X 4 up and down. Shares up and down. No benefit to economy.

qqq3333

2,263 posts

Posted by qqq3333 > 2021-05-08 22:18 | Report Abuse

quarter profits X 4 up and down. Shares up and down. No benefit to economy.....there is benefit to economy only when companies are rewarded for sustainable growth, well managed, high accountability, responsible, good quality, good business, good track record over many years....managed by people of integrity, good respectable Board of Directors.

Posted by TheGardener > 2021-05-09 02:01 |

Post removed.Why?

DarenWai

351 posts

Posted by DarenWai > 2021-05-09 10:20 | Report Abuse

For the past 3 quarters. Glove have been reporting explosive qr but the price going down. That's why kyy got trapped. Now qr maintained while kossan and careplus skyrocketed and the price start to rebound and kyy trapped again. This is the most important lessons for investors.

excelyou

1,255 posts

Posted by excelyou > 2021-05-09 11:13 | Report Abuse

IS STEEL TIME. GLOVE IS PASS.

Shanghai steel futures break above 5,400 yuan a tonne for the first time on record buoyed by strong domestic demand as the peak constructions season starts.

Also, production curbs aimed at reducing carbon emissions in China’s steel capital Tangshan have been boosting prices and profitability at mills. Global demand is also making a return as more economies reopen, with China’s finished steel exports surging 24.5% from a year earlier in the first four months of the year.

stockraider

31,527 posts

Posted by stockraider > 2021-05-09 11:15 | Report Abuse

Remember 2 of the world most richest & savvy investors w.buffet & bill gates like investing in farmland now mah!

U can emulate them now too mah....!!

Thats why the 2 richest savvy investors have taken note the point of concern that palmoil & commodity price cannot going up forever like the case of glove & eventually the commodity price will also fall 1 day mah!

To address this issue or concern w.buffet & bill gates, say buy farmland & palmoil plantation, even the commodity price fall, u still have great protection on the value of cheap plantation land & farmland mah..!

If u buy into cheap land, u have both margin of safety accorded by cheap land plus prospect of reaping great profit from high palmoil price loh!

Thus u should Quickly Buy into palmoil plantation now, b4 its price shoot up mah!

Time to be a little bit more contraian in view of mkt at reasonable high level mah!

Warren buffet says inflation is definitely coming in view of low interest interest and speculative sign such as bitcoin, rubbish stock price run up sky high and unrealistic stock valuation & expectation and now raw commodities price run up mah!

Bill Gates already bought alot of farmland at low in preparation & in anticipation for the coming armmagedoom coming mah!
Why would one the world tech best richest owner switch alot of his investment into farmland, this bcos farmland or value real estate if it is bought at reasonable low price, u cannot go wrong over longterm bcos the availability of land is limited, u cannot manufacture land like bitcoin mah!

Coming back to msia the equivalent to farmland is oil plantation, u still can get it real cheap & it is paying u reasonably good dividend loh...this is the best defensive & offensive play like bill gates and warren buffet had highlighted mah!


As calvin sifu said timber is at record price & palmoil at record price surely some optimism will spillover to plantation & timber share price mah!

But this up 1 to 2 sen is chicken feed mah, why up so little leh ??

Timber & palmoil share r suffering from lack of production mah and also huge impairment losses on its assets mah & previous falling share price mah!
Thus they are jittery on recovery of palmoil & timber share loh!! They want to see actual profit b4 jump in loh!!
That means if u base on profit...as indicator that means the share price will be lagging loh!

Then why promote Wtk leh ??
1. The owner , directors and insiders already accumulating quietly without fanfare mah!
2. The palmoil & timber production volume of wtk, mhc, jtiasa, boustead, ijm plant already creeping up loh...this is further support by the record price of its commodities. Just imagine u have higher prices & higher volume....that will be a very important sign of higher big profit coming mah!
3. The share price already corrected over 3 yrs of downtrend previously, when there is a big shakeout of all the weak holders...u can only grow more optimistic as time past by loh!
4. Wtk is sitting on some prime land that invested at a very low cost near major town & city, they are good development mah!
5. With all the liquidity & quantitative easing & low interest rate environment, u can see big inflation will be coming loh...!! Wtk in commodities business plus very big cheap land bank is a very good inflation protector mah!

Based on the above i think wtk , jayatiasa & ijmplant is the best pick to make profit & this is concur by sifu calvin findings also mah!

Posted by pjseow > May 8, 2021 6:08 PM | Report Abuse

Calvin and Ahbah , Investment timing is very important and be at least medium and long term horizon . Dont buy at the peak . Gloves stocks had came down 50 to 60 % from the peaks in August last year . I did not promote glove counters then because the earnings were still not proven , PE were high . Glove stock prices peak before its ASP peak . There was a 9 months to a year lead of the share prices over its ASPs . Glove stocks had finally PROVEN to deliver fantastic results in the last 3 qtrs after August 2020 while their prices came down 50 % . THeir PE are less than 5 while they will continue to deliver superb results in the next few years with double and tripling of capacities . The palm oil price cannot keep going up forever since it started picking up 2 years ago in 2019 .Likewise , the oil palm counters will peak soon or already peak now before its palm oil ASP peak which may happen in 3 to 6 months time or even earlier . When palm oils ASP came down finally , do the plantation counters have doubling of capacities to compensate for the drop in ASPs ?

stockraider

31,527 posts

Posted by stockraider > 2021-05-09 11:17 | Report Abuse

Already confirmed palmoil plantation is going to make windfall profit ma!

Next is to make windfall gain on plantation stock price loh!

Jump in b4 too late loh!


Cpo at record rm 4700 per ton, the palmoil share price will go on rampage soon loh!

byehisello

218 posts

Posted by byehisello > 2021-05-09 11:19 | Report Abuse

hip hip viagra

Stockisnotfun

5,143 posts

Posted by Stockisnotfun > 2021-05-09 13:05 | Report Abuse

Nothing is up forever one la. You thought glove is what biz woi. Not a rare material also. If you tell me glove is something like gold. Keep mining keep having less gold then will up forever lo.

Posted by Supermax2020 > 2021-05-09 13:23 | Report Abuse

CORRECT ANSWER IS PUMP AND DUMP SYNDICATE AND MANIPULATION OF CALL WARRANTS BY IB!

EXAMPLE IS DATAPREP LOSS MAKING COMPANY AND NOT REPORTING PROFIT ALSO CAN GAIN IN SHARE PRICE!!!

stockfreak

777 posts

Posted by stockfreak > 2021-05-09 13:23 | Report Abuse

Fake articles.

Stockisnotfun

5,143 posts

Posted by Stockisnotfun > 2021-05-09 13:25 | Report Abuse

Everything is pump and dump one. Get used to it. First time play stock meh

stockfreak

777 posts

Posted by stockfreak > 2021-05-09 13:31 | Report Abuse

Writings can cause price to go up and down.

SC should investigate KYY.

ahbah

5,734 posts

Posted by ahbah > 2021-05-09 15:42 | Report Abuse

I trust all glove stock shareholders know what to do ?

If no know, just ask our mkt expert, kyy.

pjseow

2,264 posts

Posted by pjseow > 2021-05-09 17:18 | Report Abuse

KYY is so irresponsible by making this statement. ""As a result , all the glove makers have recently reported reduced profits "".This is a blatant lies. In fact, all the glove makers are making record profits . In fact , Kossan and Careplus made double and triple QOQ profits. Why he stood so low nowadays. Losing too much in stock market ?

LA777

3,383 posts

Posted by LA777 > 2021-05-09 17:48 | Report Abuse

Malaysia bursa is purely goreng, no good for long term investment, I'm out from this game, guys, good luck to you!

Michael Kwok

5,972 posts

Posted by Michael Kwok > 2021-05-09 18:02 | Report Abuse

Not goreng but based on mood on tht stocks.If people thing the stock will up,there buy.If the stock all too low,Malaysia Malu.Look at Hong Kong,United States push their share higher(if got potential).Then the economy also can up.Then can issue share to boost the company coffer.

Timercheng

733 posts

Posted by Timercheng > 2021-05-09 19:27 | Report Abuse

Glove stocks are under rated cos PE mostly belöw 10 some even below 4 like Supermax unlike technical stocks.

kelvin61

825 posts

Posted by kelvin61 > 2021-05-09 22:40 | Report Abuse

Why do Geezer like to shit shares which he have sold? Is it to talk the share down to justify his selling? It's better for him to focus on his current holdings which he is good at justifying day and night to all and sundry why you should buy. Evil heart attracts bad KARMA

skyz

1,650 posts

Posted by skyz > 2021-05-10 08:31 | Report Abuse

Cant wait for Mr Market to prove conman KYY wrong

Rockers

241 posts

Posted by Rockers > 2021-05-10 10:01 | Report Abuse

Uncle must be out of mind , Glove counters made Billions he avoid but go n buy other counters which are high P/E n make only Millions Net profit

Posted by Jonathan Keung > 2021-05-10 10:02 | Report Abuse

Supermax will proved doomsayers wrong. Good dividend and low PE

stockraider

31,527 posts

Posted by stockraider > 2021-05-10 10:56 | Report Abuse

The high earnings could be a trap loh!

Posted by Rockers > May 10, 2021 10:01 AM | Report Abuse

Uncle must be out of mind , Glove counters made Billions he avoid but go n buy other counters which are high P/E n make only Millions Net profit


Posted by Jonathan Keung > May 10, 2021 10:02 AM | Report Abuse

Supermax will proved doomsayers wrong. Good dividend and low PE

krish52

257 posts

Posted by krish52 > 2021-05-11 08:23 | Report Abuse

apart from this some crooks with false information play a vital role to the movements of share prices making many to loose money.

Posted by Supermax2020 > 2021-05-16 11:40 | Report Abuse

Uncle KYY forgot that Supermax share price was dropping since last year when reporting record profit consecutively.. and he wrote article on the Supermax price dropping was defying logic… u guys can google it… u lost my repsect sorrybuncle KyY

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