Posted by Aramco > 2020-06-03 20:54 | Report Abuse

TopGlove
As per MayBank IB Forecast 1st June, 3rd qtr(march,april n may) PAT will be 250+ millions will announce this June (could be more)
Coming 4th qtr (june,july n august) 650+ millions (Total FY20E net/PAT 1,135
Billion)
Next FY21A 1st qtr n following qtrs will be explosive due to deep price hike estimated at 1+ Billions per QTR

Note: Most Gloves producer have been price hike 5 to 15% every month ever since
CONVID 19 pandemic beginning March.

Note : Supermax will be similar to Top Glove
IN fact all Glove stocks are similar pattern
03/06/2020 8:53 PM

Posted by Q > 2020-06-03 21:00 | Report Abuse

Is ok rr88. You have your own opinion and i have my own too.
We buy for future prospect.
Thanks. And good luck to you if you have sold all. I am sure tomorrow you will be regret haha.

Posted by CharlesT > 2020-06-03 21:04 | Report Abuse

rr88 can supermax drop RM2.00 again tmr?

Yr prediction ytd was damn chun...God level...

Posted by anthonywml82 > 2020-06-03 21:05 | Report Abuse

Ya lo.. why bank give supermax and top glove high TP? But tighten margin cap? Think about it. Bank want to sapu at lower price.As glove increase their ASP..

Posted by Tradegentlemen > 2020-06-03 21:05 | Report Abuse

Q i am with you , having strong faith in comfort.

Posted by Aramco > 2020-06-03 21:05 | Report Abuse

KLSE: SUPERMX SUPERMAX CORP BHD
Last Price Avg Target Price Upside/Downside Price Call
7.14 4.71 -2.43 (34.03%)
* Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months.
** Price Targets are adjusted for Bonus Issue, Shares Split & Shares Consolidation (where applicable).
Date Open Price Target Price Upside/Downside Price Call Source News
03/06/2020 0.00 10.90 +10.90 (0.00%) BUY KENANGA

Posted by Tradegentlemen > 2020-06-03 21:05 | Report Abuse

tomorrow to hike up , high trading volume still
many is still interested in the glove counters

Posted by Kimgold > 2020-06-03 21:10 | Report Abuse

Guys it will go up I agree with you but tomorrow it won't. It will go down. 3 banks cutting margin financing. 2 banks cut and we limit down. Now 3 banks are going to cut. Think about it. What for Friday. Don't burn your money.

Posted by Apple1234 > 2020-06-03 21:10 | Report Abuse

Guys try think, why those investment now here cut margin cap and than another side write glove future still very good, give higher target price? Is it IB want sapu enough the share just push up the price? Dont so easy sell out your glove share.

Posted by jonbravo > 2020-06-03 21:10 | Report Abuse

wat was sifu buy call for comfort? Gap down dy?

Posted by Aramco > 2020-06-03 21:11 | Report Abuse

Most/All Gloves Company are cash rich due upfront of 30-100% by Buyers to lock in their order
Demand 3-5 times of supply

Posted by Q > 2020-06-03 21:20 | Report Abuse

Always there will be 1 joker, in each forum who will try to provide negative view and thought he can influent people.
I guess, he was the one who let go Topglove at RM10. 48, then happily seeing it rising back to RM14.
And also maybe he sold Comfort at RM2. 67, cut loss and now heart pain.
rr88 you can give your opinion, but sometimes be realistic. And give appropriate suggeestion or opinions instead of simply throwing a number.
Take care, and enjoy how gloves will rise again tomorrow.

Posted by Aramco > 2020-06-03 21:23 | Report Abuse

Most of ikan bilis n punters(contra players) already wash out these 2 days
Now the stronger 1 will stay n wait for the day of handsomely rewarded

Posted by kelvinlim1133 > 2020-06-03 21:25 | Report Abuse

if the company extra 10m, can directors give them own bonus 7m? What you get? Comfort, Rubberex, Careplus and Adventa are related small player. Price is determine by big brother TG. That is why TG & Harta has least margin player due to expensive price.

Anyway I miss the golden time 1050 t0 1100am it is RM 2.00 swing, but I got TG at 13.42 average and sold at 14.65 before 445pm. It is for day trade. Hopefully more IB impose margin call again so we can buy during super sales.

Posted by Rookieboombpipi > 2020-06-03 21:25 | Report Abuse

Tomorrow confirm Rm2.

Otb macai all K.O

Posted by Gaussian > 2020-06-03 21:26 | Report Abuse

Limit down tomorrow

Posted by Grova1 > 2020-06-03 21:26 | Report Abuse

oh man...I had a heart attack today looking at the share price.

Posted by Sashay88 > 2020-06-03 21:27 | Report Abuse

buy la ! Limit down i wait there.

Posted by Sashay88 > 2020-06-03 21:36 | Report Abuse

RR88 can advise which counter can go up tmrw?

Posted by Investing_Bursa > 2020-06-03 21:37 | Report Abuse

https://www.theedgemarkets.com/article/glove-rush-jolted-tighter-financing-—-selldown-temporary

Posted by Gaussian > 2020-06-03 21:40 | Report Abuse

Please key in at 2.05 KYY will sell to you all

Posted by BlessedInvestor > 2020-06-03 21:51 | Report Abuse

I also want to buy at RM 2.05.

Posted by newter > 2020-06-03 21:56 | Report Abuse

will tomorrow drop also ? please advice ??

Posted by limitupupup > 2020-06-03 21:57 | Report Abuse

will be another sell down, and that is the real down d

Posted by Ahmadahmad88 > 2020-06-03 21:58 | Report Abuse

hahaha!

Posted by skyhin > 2020-06-03 21:58 | Report Abuse

If down, many people will die.....

Posted by Steady Punpipi > 2020-06-03 21:59 | Report Abuse

agree....margin will throw down as those jokers have not intention to HOLD.....all they want is cheap thrills ...tmr will be phase 2 osf sell down

Posted by stncws > 2020-06-03 22:04 | Report Abuse

Comfort price will never be RM4 for long period of time..

Margin call restriction will dampen the trading of this stock..

All the best

Posted by High5 > 2020-06-03 22:05 | Report Abuse

Top Glove is now on analysts’ radar, as the projected capacity growth and higher utilisation rate coupled with the market environment factors are seen to boost its earnings by more than 100% in the financial year ending August 2021 (FY21).

AmBank Research valued the group at RM17.38 per share, with a historical price-to-earnings (PE) multiple of around 100 times — but 33 times PE estimates for FY21.

In short, strong demand as a result of Covid-19 pandemic, higher ASP and low raw material prices are expected to continue fueling the glove mania moving forward.

Of 22 analysts covering Top Glove, the counter has a whopping 18 “buy” calls, Hartalega (eight “buy” calls, 28 analysts), Kossan (13 “buy” calls, 18 analysts) and Supermax (eight “buy” calls, 10 analysts).

Posted by joey > 2020-06-03 22:07 | Report Abuse

anything below RM3.00 just buy if you looking for long term

…….. look at the order Q

Posted by limitupupup > 2020-06-03 22:09 | Report Abuse

those big shark will not use their own money to push up the price, as the margin has been cut down recently, the higher they push they more the money they risk to put in, just to push up high and let ikan bilis to take profit, no such thing. NEVER

Posted by Aramco > 2020-06-03 22:12 | Report Abuse

Tomorrow TAIKO TopGlove will lead the way
TopGlove turn green n fast & furious , the rest of gloves stocks will surely follow
Hope for the Best

Posted by Underhand > 2020-06-03 22:12 | Report Abuse

Not to be too greedy, that so. Covid-19 is still around for months, so are glove business

Posted by desmond1996 > 2020-06-03 22:12 | Report Abuse

you think will have second chance to collect in next limit down? is time to wake up. it might drop but slightly

Posted by BlessedInvestor > 2020-06-03 22:14 | Report Abuse

A lot of people here looked down on comfort. Comfort share price will follow Top Glove tomorrow. Most glove stocks are correlated....

Posted by limitupupup > 2020-06-03 22:15 | Report Abuse

topglove is making 1000% of comfort profit ....

Posted by michaelwong > 2020-06-03 22:15 | Report Abuse

No stop will continuously goes down and even if it continues to falter, it needs to take a breather and those who fear might take this opportunity to sell if they feel unsecured when it rebounded .

Since it has already retreated 10% from its high , support level may set in . As the estimated TP is approximately about RM 3 , even the downside risks will be minimised. The yearly ASP of 10 % will be increased with the current demands exceed supply from you and subsequently TP will be revised from time to time given the high demands of gloves globally .

Posted by Aramco > 2020-06-03 22:17 | Report Abuse

freetospeak wow...the 1st covid bumper profit half-report(2mths) card by TG not even annouced , ppl already throw white flag. What about the Full Covid report card(3 mths) by Supermax in Agust also haven report yet...already says its over. The nuclear bomb haven come yet..the rally has jus begun.
03/06/2020 9:47 PM

Banks are the culprit to create fear n havoc of Gloves stocks
There must be a motive by Banks on purpose
Your guess is as good as mine
1) Miss out the Gloves stocks mania b4 they realize CONVID 19 pandemic so serious n contagious
2) Caught off guard of cw sudden surge in such a short period n might lost their pant off
3) Why keep upgrading Gloves TP at higher price n later capping half of TP by 1-2 days o

Posted by michaelwong > 2020-06-03 22:17 | Report Abuse

Typo error not you but yoy .

Posted by HandsomeGain > 2020-06-03 22:17 | Report Abuse

Dato Lau has disposed 3 percent of his share since mid of May till date.. Seems he earned piles of money.

Posted by Max_Lui > 2020-06-03 22:18 | Report Abuse

hahaha.....IBs cap margin players only! In this world we have so MANY BIG Funds from US/EUROPE/Middle East/China/SG ALL these big Funds will SAPUUU all glove stocks from tomorrow onwards....Limit Up again this time minus margin players lagi easy to limit up...

Posted by samyew1234 > 2020-06-03 22:19 | Report Abuse

buy buy, OTB target price is rm9.45

Posted by roger3210 > 2020-06-03 22:20 | Report Abuse

buy buy buy

Posted by Insidertips > 2020-06-03 22:21 | Report Abuse

Is a great opportunity to buy in a cheaper price for comfort if tomorrow limit down. Pls dont be panic guys. It just temporary.

Posted by limitupupup > 2020-06-03 22:22 | Report Abuse

no wonder director keep dispose, might be insider news

Posted by CharlesT > 2020-06-03 22:23 | Report Abuse

Sifu no good lah to give this of holland tp gor comfort to bring many to holland

Posted by CharlesT > 2020-06-03 22:25 | Report Abuse

1) kyy margin concern
2) boss selling non stop
3) no way to match supermax or topglove

Good luck

Posted by CharlesT > 2020-06-03 22:26 | Report Abuse

Having said so if it drops like shit tmr i.will buy some to trade...if lah

Posted by Tradegentlemen > 2020-06-03 22:27 | Report Abuse

Despite today announcement of hair cut yet still the drop were managed to raise up back , this shows there is still market interest for buyers . I strongly believe it should hike up further

Posted by CharlesT > 2020-06-03 22:28 | Report Abuse

10%+ above the daily low...

C others especially topglove n supermax