Posted by RiverOfSilver > 2021-01-20 22:34 | Report Abuse

For 2021 global glove demand is expected to grow to 396 billion pieces versus the total production capacity of Malaysian glove factories of 280 billion pieces

Posted by RiverOfSilver > 2021-01-20 22:34 | Report Abuse

While for 2022 global glove demand is expected to expand further to 475 billion pieces against the projected total production capacity of Malaysian glove factories of 363 billion pieces

Posted by RiverOfSilver > 2021-01-20 22:35 | Report Abuse

Today, the demand for rubber gloves is so overwhelming that major rubber glove manufacturers have an order waiting list of more than 12 months

Posted by RiverOfSilver > 2021-01-20 22:35 | Report Abuse

While also, a research analyst from a local IB has also written that covid-19 vaccine deployment could in fact add another further new demand source of 18 billion pieces per year, assuming that 60% of the world's 7.5 billion people gets their vaccine in two doses annually

Posted by Business101 > 2021-01-20 22:48 |

Post removed.Why?

Posted by Gunplakk > 2021-01-20 23:57 | Report Abuse

Good to see no opr cuts but the gain is only marginal at best.. so there is hope that by friday we can see another sell down. I hope we get a 10% correction before the recovery comes into effect... Same for SGx... I hope Dow will crash.... Then I can buy more sg banks as well.

Aiyoh... Gibbabla gloves... It's dead. Don't touch top glove above 5-6... Go below that maybe can consider. Right now all over valued. It's hay days are over.

Posted by Bearrider > 2021-01-21 10:22 | Report Abuse

covid case rise , tomorrow MCO start again!, everyone takecare ......

Posted by apple168 > 2021-01-21 11:49 |

Post removed.Why?

Posted by Riaz1954 > 2021-01-21 13:44 | Report Abuse

The current MCO is unlike the first one..70% activities are continuing and businesses have adapted generally. All sectors use bank to function, so impact will be minimal. Large loan write off after market correction particular in the oil sector have happened, oil price has recovered last March from negative to almost 57 USD a barrel...looking ahead banks will recover...in particular CIMB

Posted by pertamina > 2021-01-21 15:55 | Report Abuse

Banned warrant. Banned warrant. Banned warrant. Banned warrant. Banned warrant. Banned warrant. Banned warrant.Banned warrant. Banned warrant. Banned warrant.

Posted by Navigation7 > 2021-01-21 18:17 | Report Abuse

https://www.theedgemarkets.com/article/ants-malaysian-ewallet-venture-cimb-talks-raise-us150m-—-sources

Posted by Tedinvestor > 2021-01-21 18:51 | Report Abuse

E-wallet have great potential just like alipay.

Posted by WaterBlower > 2021-01-21 18:54 | Report Abuse

Everyone tomorrow buy all in. Push the price up

Posted by Tedinvestor > 2021-01-21 19:15 | Report Abuse

Alipay in China are so successful & partnering with Ant group are will explore more development . PT Cimb Niaga joint Fintec in Indonesia another coming up success story.

Posted by Goldgent > 2021-01-21 19:19 | Report Abuse

The Star: CIMB Thai FY20 net profit dips on higher provisions
https://www.thestar.com.my/business/business-news/2021/01/21/cimb-thai-fy20-net-profit-dips-on-higher-provisions

Posted by Tedinvestor > 2021-01-21 19:26 | Report Abuse

A dropped of 36% profit and not at loss. But please do remembered that in past Thai & indon subsidiary contributed huge profit growth to cimb group.

Posted by Gunplakk > 2021-01-21 20:13 | Report Abuse

Looks tomorrow set for sub 4... Maybe test 390

Posted by WaterBlower > 2021-01-21 20:29 | Report Abuse

MCO extended to Feb!!!!!!!!

Posted by Riaz1954 > 2021-01-21 21:21 | Report Abuse

Thai business results not too bad....the provisions are much higher and in 2021 may be released. The underlying numbers are ok...be realistic at least they are making profits and not losses....hopefully much of the bad debts may not be realised!

Posted by yfchong > 2021-01-21 22:07 | Report Abuse

Below 3.9 can catch...

Posted by stkoay > 2021-01-21 23:03 | Report Abuse

Last month, EPF sold to take profit on the position they bought when it was low.

After closing their book, this year, they are starting to buy again...bought on 13th and 14th.

Posted by fanchong > 2021-01-22 00:11 | Report Abuse

https://www.reuters.com/article/us-cimb-fundraising-ant/ants-malaysian-e-wallet-venture-with-cimb-in-talks-to-raise-150-million-sources-idUSKBN29Q11H

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

The Star: TNG Digital in talks to raise RM604.5mil
https://www.thestar.com.my/business/business-news/2021/01/22/tng-digital-in-talks-to-raise-rm6045mil

Posted by Bgt 9963 > 2021-01-22 08:53 |

Post removed.Why?

Posted by BATFLY > 2021-01-22 09:12 | Report Abuse

CIMB Group Holdings Bhd's 94.8%-owned subsidiary CIMB Thai Bank PCL saw its net profit for the financial year 2020 (FY20) ended Dec 31, 2020 decline 36% from a year earlier to 1.29 billion baht (RM173.96 million). The fall in earnings was attributed to a 60% increase in provisions to 2.68 billion baht as at the end of FY20 from 2.3 billion baht at the end of FY19. The bank also registered an expected credit loss of 4.47 billion baht in FY20.

CIMB Group Holdings Bhd's 94.8%-owned subsidiary CIMB Thai Bank PCL saw its net profit for the financial year 2020 (FY20) ended Dec 31, 2020 decline 36% from a year earlier to 1.29 billion baht (RM173.96 million). The fall in earnings was attributed to a 60% increase in provisions to 2.68 billion baht as at the end of FY20 from 2.3 billion baht at the end of FY19. The bank also registered an expected credit loss of 4.47 billio

CIMB Group Holdings Bhd's 94.8%-owned subsidiary CIMB Thai Bank PCL saw its net profit for the financial year 2020 (FY20) ended Dec 31, 2020 decline 36% from a year earlier to 1.29 billion baht (RM173.96 million). The fall in earnings was attributed to a 60% increase in provisions to 2.68 billion baht as at the end of FY20 from 2.3 billion baht at the end of FY19. The bank also registered an expected credit loss of 4.47 billion baht in FY20

Posted by Riaz1954 > 2021-01-22 09:36 | Report Abuse

60% increase in provisions! That says it all!

Posted by gongkia > 2021-01-22 12:31 | Report Abuse

the best thing cimb consistent deliver is bad asset.

Posted by BountyOfTheBourse > 2021-01-22 13:30 | Report Abuse

Good news from TopGlove

Posted by BountyOfTheBourse > 2021-01-22 13:30 | Report Abuse

TopGlove offering 9,000 jobs to Malaysians

https://www.thestar.com.my/business/business-news/2021/01/22/top-glove-launches-recruitment-drive-for-9000-employees

Posted by BountyOfTheBourse > 2021-01-22 13:30 | Report Abuse

Hooray!

Posted by BountyOfTheBourse > 2021-01-22 13:30 | Report Abuse

Yee haah!

Posted by BountyOfTheBourse > 2021-01-22 13:31 | Report Abuse

Well done, TopGlove

Posted by Moon1668 > 2021-01-22 16:16 | Report Abuse

Drunk? or Short circuit?
Market is getting too stressful for some to handle.
Anyway, they have my sympathy.

Posted by FlyingElephant > 2021-01-22 16:36 | Report Abuse

accumulate on weakness, sure win in 2 more years to come

Posted by Tedinvestor > 2021-01-22 17:31 | Report Abuse

Just raised my holding to 151,900 units. Banking will recover by year end.

Posted by WaterBlower > 2021-01-22 17:43 | Report Abuse

Wow!! 150k units worth RM600k+ kaya Bang. Bang need some friends to talk to can look for me. I can chitchat anything just buy me some meal can edi.

Posted by Gunplakk > 2021-01-22 19:27 | Report Abuse

https://www.malaymail.com/news/malaysia/2021/01/22/fitch-solutions-says-bnm-too-optimistic-predicts-opr-to-drop-to-1.5pc-later/1942962

Posted by Gunplakk > 2021-01-22 19:27 | Report Abuse

More down side risk over the horizon... Recovery is slightly delayed.

Posted by 752_michael_chan > 2021-01-22 21:29 | Report Abuse

HLG has a TP of 4.35 for CIMB

Posted by Tedinvestor > 2021-01-22 22:00 | Report Abuse

https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.thesundaily.my/business/earnings-outlook-for-malaysian-banks-intact-for-now-EN6249987&ved=0ahUKEwjaj6a62a_uAhWgxDgGHZu8BeEQxfQBCC4wAA&usg=AOvVaw0AHLURBWoFFaZyaLqxPPd7

Posted by limkokthye > 2021-01-22 22:17 | Report Abuse

https://www.bharian.com.my/bisnes/korporat/2021/01/778986/paul-wong-presiden-ceo-baharu-cimb-thai

Posted by aliyusof > 2021-01-23 13:43 | Report Abuse

Many rubber gove friends mabuk and lost their ways ! Ha ha

Posted by apprentice > 2021-01-23 13:50 | Report Abuse

Look on the bright side. They may accidentally buy CIMB on Monday.

Posted by yfchong > 2021-01-23 22:20 | Report Abuse

Can hit 3.8 or touch rsi 30.. then buy lah

Posted by sharewiz118 > 2021-01-24 10:53 | Report Abuse

As the results of sniffing too much rubber stock, glove kaki contracted permanent brain damaged and become so desperate

Posted by WaterBlower > 2021-01-24 13:22 | Report Abuse

https://youtu.be/kf6NDIiE3Tw

Posted by masterus > 2021-01-24 14:53 | Report Abuse

PETALING JAYA: Not all credit cards are the same.

Maybank has clarified that its Islamic credit cards cannot be used to purchase non-shariah compliant products like liquor.

A Maybank spokesman told FMT they had to follow official regulatory guidelines set out on this.

It said the terms for the use of its Islamic credit cards were clearly specified when they were issued to a person.

https://www.freemalaysiatoday.com/category/nation/2021/01/24/bank-advises-on-what-its-islamic-credit-card-cannot-buy/

Posted by DickyMe > 2021-01-24 14:55 |

Post removed.Why?

Posted by Gunplakk > 2021-01-24 18:53 | Report Abuse

Monday will be red as putrajaya mulls full shutdown after 4th feb

Posted by stkoay > 2021-01-24 20:02 | Report Abuse

https://www.malaysiakini.com/news/560284

Leaked circular doesn't mean immediate lockdown - Eurocham