This is the trend now. The top four moved few weeks back, past two days was the 2nd tier loke comfor and ruberex moved.
Today top 4 made big move. Expect tmrw til friday the 2nd tier will follow 2nd wave.
Those who still talke ant PE, heor she will still be talking si ce 1.30 till 3z Top 4 have move their PE so sky high. Obviously others have to follow. PE for harta and top glove must be over 60x now. So 3nd tier to have PER over 40x is not a surprise.
Its the trend and not about PE or valuations now.
Of course margins for all will have huge jump follow ny increase in ASP and low material prices.
Comfort share price always follow closely supermax. The diference between the two is abt RM1. If supermax at 4, comfort always follow and trade close to RM3. Its just a trend and my observation. Not valuation
If wana catch 2 wave of up on comfort or rubberes it shld be now when profor taking is taking place. Or else will chase high whem above 2.70. I m not recomending buy or sell. Just my humble observations. Happy trading. Cheers
Just now go buy stuff heard a few uncle and aunties say now glove better than buy 4d then I asked buy what rabberlack, kamfork and see got anything glove means hantam all in it, hahaha hope all earn to the max!!!!!!!!!!!!!!!!!!!!
My sifu asks me to sell at 1.6. I ask him why do I need to sell a growth stock? His answer is gain 100% is enough and wait for pull back then buy again.
I told my sifu to fly Kate...... F U!!
From the day onward, Comfort never say Hello to 1.60 but 2.66...hihi
Just give you simple calculation for comfort. current selling price is around 5 times higher than Feb price, then assume 3.5 increase in EPS. EPS = 5.69x3.5 = 19.92. With increase of US currency and additional 12% of production for new lines. Running 70 to 80% capacity in Jan that means they can increase the other 20 to 30% capacity. Overall profit can increase the other 40%. Future EPS 19.92X1.4 = 27.89. Assume PE=20, then the price fair value price shall be RM5.58. Can anyone comments?
AFTERNOON LIMIT UP AGAIN $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
No matter how, you want to acknowledge you are my ffff sifu...
Why the world has changed, want to be ffff...
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Posted by joyvest > 2020-05-13 10:17 | Report Abuse
supermax is the making now ...........