Good volume and nice chart. Next week will be a good week for glove counters. Dont forget carepls QR will be released next month. Remember how it went up before and after the QR back then?
According to Alan Lopez, a laureate professor and director of the University of Melbourne's global burden of disease group, the death toll could grow to as high as 3 million by the end of the year .
Lopez said in an interview. "It's fair to say, that the 1 million deaths, as shocking as it sounds, is probably an underestimate – a significant underestimate."
ok la.. as long as green.. instead it should closed @ 3.28-3.30 (+0.10-0.12).. in line with SM+0.18 & TG +0.25..
LewisLewis, agree with ur statement. top4 gloves counter trader more steady then k+.. But never mind, no harm n nothing to worry. this is not goreng counter.. company has a bright future and revenue.. strong fundamental.. just keep n enjoy the ride gais..
if you don't see mikecyc here, you know the stock is now on uptrend. Mikecyc is the auto trigger bots deployed by IB to notify you that the stock is now on downtrend. So, stop arguing with downtrending triggered bots. Thank you.
@thepowerofglove i went in at rm2.20 during the major correction as i felt that careplus below rm4 is too irresistible. Went in again at rm2.70 , been giving good gains and more to come. With 4bil glove capacity on OBM model and 8bil glove capacity by 2021 i have full faith that careplus can hit rm9, thats 300% upside or 3 times of its current value (comfort oem 5.7b Capacity by 2021, ruberex oem 2b Capacity since june 2020) . You can see how undervalued Careplus is and how much potential it has. I dare to say 2022 careplus profit after tax can catch up to Kossan With 30b capacity just like Supermax with only 24b capacity yet double Harta’s profit with almost 40b capacity . This is the power of OBM
@ThePowerOfGlove HLT PAT did RM4.8mil profit in last quarter , and with 1billion capacity if next quarter they can make almost RM10mil i believe anything below RM2 is still ok but be cautious HLT PE Ratio is insanely high, its current price already priced in for good result in next few quarters its earning per share is also less than 1cent. but in my opinion HLT has big potential to grow their production line to increase their capacity and with only 1.7b market cap they can grow much bigger if a large company can buy them over... if glove shortage continue in the next few years (2024-2025) we might be able to see HLT able to increase their capacity much faster than its competitor. Just be wary the price fluctuation of HLT in short term is not for the faint hearted... I would suggest to buy on price weakness sell on extreme strong price and later on after glove mania is over HLT may have huge correction that would be the best time to buy in for long term investment
After reading JohnFarmer458's comment above, seems HLT can also be a takeover target since thr market cap is not so b8g. Please don't take my comment here seriously. I'm just gurssing the possibilities.
The second wave of Covid-19 pandemic worldwide had started. Gloves will be in great demand. TA is also showing a Primary Third Wave up had started. Hold tight on glove stocks will help you to win big. No stock in KLSE will have such high PAT like glove stocks. Glove stocks are diamond to us.
Gloves are the PPE that is in the first line of defence...imho demand will surely rise with uptick in Covid19 cases & 2nd wave in Europe, USA & other countries... vaccine effectiveness is still in doubt.... Hold tight & reload...ignore noises & negative thinkers...stick to fundamentals... Disclaimer: not buy or sell call
Sentiment is positive again with all glove and healthcare related companies. Careplus, hlt, supermax, Topglove, comfort, lkl will test their recent new high in the next 2-3 weeks. Just look at mercato medical share price last week. Grab you holding tomorrow before you miss this wave
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....
clement95
77 posts
Posted by clement95 > 2020-09-25 16:40 | Report Abuse
Good volume and nice chart. Next week will be a good week for glove counters. Dont forget carepls QR will be released next month. Remember how it went up before and after the QR back then?