Posted by mf > 2020-06-08 04:23 | Report Abuse

warning panic

Posted by Croxxx > 2020-06-08 07:24 | Report Abuse

@mf panic warning

Posted by Max2838 > 2020-06-08 08:27 | Report Abuse

Investors are chasing high PE stocks in recent times, pushing stock prices higher, thanks to one 'think' only ----------> growth visibility

Posted by Huat8huat8 > 2020-06-08 08:32 | Report Abuse

In a desert, very hot day, one man is selling kopi pheng. The weather becomes hot个r and hotter and there is no one but he is selling. First person look up the sky and say, wah now is hot, but will rain soon. So I don't buy. Then he continue to walk backward and tells everyone about that. Lol. Some people do believe him.... While some will just follow their own instinct. Will u buy kopi pheng. It is freaking hot now. Raining soon?

Posted by PotentialGhost > 2020-06-08 08:44 | Report Abuse

Waiting to 9am sailang all in

Posted by Goldberg > 2020-06-08 08:46 | Report Abuse

The craze for rubber glove shares amid the COVID-19 pandemic is nowhere near the end just yet, said Maybank Kim Eng.

The strong interest, the research outfit added, is not just a simple cyclical phenomenon, but a structural step up for the sector in terms of demand as well as pricing.

"It is a multi-year story for the glove makers, and not just a blip,” said Maybank Kim Eng head of regional equity research Anand Pathmakanthan.

He said that while the cyclical element to the rubber glove sector is obvious, the market may have missed that the sector also has a structural element to it.

Speaking at Maybank Kim Eng's Invest Asean 2020 virtual conference today, Anand said with COVID-19 cases being reported unabated across the world, there will continue to be a need for rubber gloves.

This leads to a spike in demand for the product, he said, adding: "This then results in higher utilisation and better economy of scale and definitely a lot better pricing power.

“What the market has missed is the structural flow through from what has happened. The world will never be the same again, especially the healthcare sector,” said Anand.

“People are going to be much more cautious about treatments and what medical equipment they use going forward to ensure that contagion does not happen again and gloves are going to be an essential part of that,” he said.

Anand noted that many parts of the world have been slow in getting onto the rubber gloves bandwagon or are satisfied with low quality gloves or vinyl gloves.

But now, they are scrambling to upgrade and increase the volumes of gloves they buy, he added.

Posted by rr88 > 2020-06-08 10:00 | Report Abuse

Limit down tommorow. While the covid-19 virus is suffering a slow death, this glove mania will suffer a sudden death. This is because market is a leading indicator. It reacts ahead of time.

Valuation is crazy with 70 - 100 pe. Earnings projection is unrealistic, typical of a mania craze. Trading volume & price swings bear a hallmark of speculative activities by all shape n form. A sharp parabolic price move says it all. At the peak of this parabolic curve, it will all come crumbling down. Market has seen this before. Broking houses were the first to move to protect themselves by tightening margin financing for purchases of these bubble stocks.

The earlier you escape, the better. Train wreck ahead. This ticking timebomb will go off as soon as tommorow.

Posted by jiunn > 2020-06-08 10:14 | Report Abuse

^^^COMFORT: A BULL FLAG PENNANT BREAKOUT TO HIT TARGET 5,02??!

In 1h chart, Comfort has risen from 2,63 and hit 3,94 before close lower at 3,63. The recent sharp rise has also formed a SOLID FLAG POLE & PENNANT in around 3,55 to 3,94 zone. Thus, the target for this breakout move is 3,72 - 3,76 (around 3,80 of 0,618 Fib Retracement) to probably hit target at 4.48 - 4.52 level before surging higher at 5,02 (1.618% Fib extended wave)

Based on the above, we may see another rally over the next 1-2 week, which some would call the final 5th wave bull rally. If you are nimble enough, you can try your luck and make a trade for this up leg with potential aim of almost 23% - 38% gains.

However, on the other side, a drop below 3,45 level can lead to a strong selldown in which bull may have top 4,22 on 1/6/2020 of recent 5th wave rally.

Huat HUat AARRR!!! Trade well! Stay healthy!!

Posted by VICTORYU37007 > 2020-06-08 10:16 | Report Abuse

Wait to accumulate

Posted by Effendy Tay > 2020-06-08 10:40 | Report Abuse

The minority who gamble with his own vision against the research houe with pragmatic approach. Believe in ourselves with confidence. The demands for gloves is definitely continuing strongly even if vaccination finally concluded by the year end. Medical team will definitely enforce preventive measures until totally wiped out. The usage of Gloves do not end when vaccination commenced. Likewise logically, carepls though loss making company previously managed to outshine with 5 cts dividend proven the sales and demand improved tremendously rather than self illusion against the reality. Tomorrow is the judgement to prove whether the research house is right. Don't blame others, nobody force to believe or commit.

Posted by Apple1234 > 2020-06-08 10:42 | Report Abuse

https://www.freemalaysiatoday.com/category/nation/2020/06/07/barbers-to-charge-rm5-extra-to-cover-cost-of-gloves-apron-disinfectant/

Posted by Apple1234 > 2020-06-08 10:44 | Report Abuse

Be a smart investor, dont be stupid investor, remember.

Posted by TCLEOW75 > 2020-06-08 10:44 | Report Abuse

https://www.tradingview.com/chart/COMFORT/O5pjyE7M-Swing-Trading-in-line-with-the-Trend/

Posted by TCLEOW75 > 2020-06-08 10:46 | Report Abuse

Gloves remain the trend due to the COVID-19 pandemic.
EP RM1.05 - from the swings, it looks like the next peak will sit between RM6 to RM6.50.

This is also added with the expected quarterly report which would be announced 18 Jun for TOPGLOV and 24 Jun for COMFORT.
Which everyone knows will be very much positive.

Plan to TP all remaining shares between RM6 to RM6.50 and re-enter again between RM4.50 to RM4.80.

Posted by Effendy Tay > 2020-06-08 11:08 | Report Abuse

Even the barbershop and hair saloon enforce preventive measures by using glove. This new phenomenon will continue for many years never practice before. Similarly various occupational hazard do apply similar preventive when in contact. It's going to practise not only in Malaysia, it's worldwide. The fast moving items esp with India affected nationwide.

Posted by danieloon > 2020-06-08 11:10 | Report Abuse

TCLEOW, for ur info, TOP GLOV has revised their quarterly report release date earlier to 11 June. Early release might be a good sign tat their r confident with the report

Posted by saahmad7 > 2020-06-08 11:14 | Report Abuse

Good News for Investors. From The Edge markets. Credit Suisse raises target price for Top Glove to RM23, expects record FY21

Posted by Seeyounoup > 2020-06-08 11:15 | Report Abuse

saahmad7 , this is not latest latest noews but thanks for sharing again

Posted by Huat8huat8 > 2020-06-08 11:21 | Report Abuse

Only fools will listen to RR and sell the stock. History repeat many times. Then, foolishly chase hgh and lose all.

Posted by Apple1234 > 2020-06-08 11:23 | Report Abuse

https://www.enanyang.my/%E5%85%A8%E7%90%83%E5%A4%A7%E6%8A%97%E7%96%AB/%E9%94%BA%E5%8D%97%E5%B1%B1%E6%96%99%E7%96%AB%E8%8B%97%E6%9C%80%E5%BF%AB%E7%A7%8B%E5%A4%A9%E5%8F%AF%E7%94%A8

Posted by Apple1234 > 2020-06-08 11:24 | Report Abuse

This article write vaccine at least the faster also next years just have opportunity announced.

Posted by mf > 2020-06-08 11:28 | Report Abuse

WELLINGTON: New Zealand has no active COVID-19 cases after the country's final patient was given the all-clear and released from isolation, health authorities said Monday (Jun 8).

The milestone was "really good news" and an achievement the whole of New Zealand could take heart from, health department director-general Ashley Bloomfield said.

Posted by al8800 > 2020-06-08 11:39 | Report Abuse

https://edition.cnn.com/2020/06/06/americas/latin-america-coronavirus-intl/index.html

south america (Mexico, Brazil, Peru, Argentina) going into cold weather mode 9season)..... tough fight with Covid 19

Posted by kikiandlala > 2020-06-08 12:09 | Report Abuse

Comfort gogoogooo tmr!!!

Posted by Goinvest88 > 2020-06-08 12:13 | Report Abuse

this mostly benefit careplus & topglove

Posted by Skl1989 > 2020-06-08 12:15 | Report Abuse

Some random guy trying to spread rumour to bring down the price so their platinum group can buy at low. Becareful... U will only benefit if u pay more in their package. Those begineer watch out!

Posted by anthonywml82 > 2020-06-08 12:17 | Report Abuse

Yes, 2mollo limit up. More business open.. more gloves.. yeah

Posted by Sarara > 2020-06-08 12:23 | Report Abuse

if so confident, y management keep selling and earn money from retail investor? meanwhile retail buy crazily from them, are retailer know the company more than management DOES?? HAHAHAHAHAHA, WHAT A JOKE !!!

Posted by Kimgold > 2020-06-08 12:51 | Report Abuse

Tomorrow limit up. Dependent of gloves for multiple businesses and 2nd wave of virus.

Posted by Ahmadahmad88 > 2020-06-08 12:53 | Report Abuse

Sapa beli harga tertinggi sapa yang menang hooray!

Posted by Ahmadahmad88 > 2020-06-08 12:54 | Report Abuse

Dapat jual harga paling tinggi itu masuk world record.

Posted by Huat8huat8 > 2020-06-08 13:09 | Report Abuse

If u can think like a boss, surely u sell la. U know how many shares he has. Lol.

Posted by mf > 2020-06-08 13:10 | Report Abuse

Oil prices inch higher, 1-month supply cut extension falls short of market hopes

Posted by JustJK > 2020-06-08 13:49 | Report Abuse

I don’t und some ppl. If you feel the share is shit. Just sell and leave lo. Why need to bitch here some more? Can make more money from bitching? Hahah. Damn dumb and childish..

Posted by Huat8huat8 > 2020-06-08 14:24 | Report Abuse

Agree with jk. Maybe the head above their neck is not functioning well so they need to change to the smaller head between their legs.

Posted by BaconGuest > 2020-06-08 14:51 | Report Abuse

coming end month quarterly result to be remarkable
feb march april all inclusive
with increase asp to 20-30%
profit 40-50 million per qtr
eps 16 annualised
pe 20 will be rm6.40
cheap cheap price now below rm4.00 is still undervalue.
abang kakak sekalian
please buy and hold your position as super investors
do not sell your shares to depress the pricing limit up......wakkkkakkaka !

Posted by TCLEOW75 > 2020-06-08 15:02 | Report Abuse

A lot of issues with vaccines. It will only protect one group of the population because of the virus' genetic diversity. And so far there is no effective vaccine for respiratory diseases. The flu vaccine is only 45% effective. BCG vaccine protects the kids but when we get older its effectiveness drops.

Posted by BaconGuest > 2020-06-08 15:14 | Report Abuse

https://klse.i3investor.com/blogs/koonyewyinblog/2020-06-08-story-h1508671875-My_share_selection_golden_rule_Koon_Yew_Yin.jsp

never buy any share if it cannot report 2 quarters of increasing profit
well said well said well said
all glove stocks pass to survive under the golden rules....wakkkakkkkak !

Posted by mf > 2020-06-08 15:31 | Report Abuse

Saudis raise oil prices by most in 20 years to bolster rally
ENERGY
Monday, 08 Jun 20202:04 PM MYT

Posted by Effendy Tay > 2020-06-08 17:01 | Report Abuse

If tomorrow opening above 3.90,those who sold last trading chase higher than the selling price. That's the game during bullish sentiment

Posted by Max2838 > 2020-06-08 17:39 | Report Abuse

Some people think the 'Glove' market is over-priced .....

When you want to order medical gloves, they tell you to pay upfront, pay extra for price increase 30% and maybe get your gloves next year.

Same here, you want to buy glove shares, they ask you pay upfront to trading account, glove share price now costs more and maybe you can double your money next year.

So, which one is overheated and overvalued?

Posted by gemfinder > 2020-06-08 17:40 | Report Abuse

No more mco. Single digit case oredi

Posted by kikiandlala > 2020-06-08 17:43 | Report Abuse

huat aaa

Posted by Kimgold > 2020-06-08 17:49 | Report Abuse

By this week above Rm4.

Posted by Croxxx > 2020-06-08 17:55 | Report Abuse

Sure can go higher................ Uncle KYY already come out article............ Last 2 article come out Comfort go down... no more KYY effect..............

Posted by saahmad7 > 2020-06-08 18:08 | Report Abuse

All major businesses will be reopening worldwide soon, but we don't have the vaccine yet. meaning more gloves should be used

Posted by mf > 2020-06-08 18:45 | Report Abuse

Malaysia records 7 new Covid-19 cases, lowest daily count yet
By Nor Ain Mohamed Radhi - June 8, 2020 @ 5:41pm

Posted by 11055011 > 2020-06-08 18:56 | Report Abuse

Agree. Look at PC monitor tomorrow morning and GREEN HULK will appear.

Posted by Kimgold > 2020-06-08 18:56 | Report Abuse

Mf trying to collect? Once topglove results comes out it will push all the glvoe counters up. Uncle said topglove will raise all boats, he mentioned about the 2 million cases in America and what trump did was to exacerbate the spread of the virus. Brazil and Europe has high cases. Uncle mentioned about share selection must have 2 consecutive QR of profits and that refers back to gloves again. Tomorrow gap up. Most likely after topglove report it will trade around Rm4. 50 to rm5

Posted by greedy44444 > 2020-06-08 19:19 | Report Abuse

When many people buy or ikan bilis more than institutional investors, it means big sharks and market syndicates are operating heavily in the market. Do you think these sharks and syndicates will let all this ikan bilis make a big fortune in the market that they control now ? Be careful not to let your hard earned money goes to the pocket of those big sharks and market manipulators.