Lelouch Eddie Liang geary , dato will dispose high and buy low recently dato buy alot LHI at 0.60 sen 20/07/2020 3:07 PM
They are professional traders...margin account or pledged security...they don't wait for margin call...buy high sell higher...high Risk management...!!!
In view of all these complications, the price charts can help investors to make good investment decision. The 3 charts below show the price movement of Comfort, Top Glove and Supermax in the last 6 months.
Comfort shot up from 90 sen to close at Rm 4.11, an increase of 457%.
Top Glove shot up from Rm 6.50 to close at Rm 24.80, an increase of 382%
Supermax shot up from Rm 2.00 to close at Rm 18.40, an increase of 920%.
Based of the above comparison, investors should sell Supermax to buy Top glove and Comfort. I prefer to buy Top Glove because it is more than double the size of Supermax in terms of manufacturing capacity and a world leader in this glove business.
Ha...Wake up already Uncle...look closely n become chartist...◉‿◉
From KYY Blog I refer to the above report, total issued number of shares is 1,360 million.
The 3rd quarter ending 31 March 2020, revenue/sale Rm 447 million, PBT Rm 95 million and PAT Rm 71 million. The production cost is revenue Rm 447 million minus PBT Rm 95 million = Rm 352 million and average selling price (ASP) is US$ 60.
As shown on Supermax’ briefing page 13 above, ASP for the 4th quarter ending June 2020, the selling price was increased from US$60 to US$ 160, an increase of US$100 which is pure profit because the additional selling price does not involve production cost.
The 4th quarter ending June 2020, the production cost Rm 352 million divided by 60 X 160 = Rm 939 million which is the revenue/sale minus Rm 352 production cost = Rm 587 million which is pure PBT or PAT Rm 410 million.
I refer to the table above. The total PAT for 1st quarter Rm 24,747 million, 2nd quarter Rm 30,165 million and 3th quarter Rm 71,065 million. As I calculated, the 4th quarter PAT is Rm 410 million.
The total profit before tax (PAT) for the year ending June 2020 is Rm 536 million.
EPS Rm 536 million divided by total issued share 1,360 million = 40 sen.
Based on P/E 25 my current target price is Rm 15.00.
I want to be very safe and conservative in calculating my Target price. I assume the company does not have additional production and it does not increase its selling price for the next financial year ending June 2021, its annual profit will be 4 X 4th quarter PAT Rm 410 million = Rm 1,640 million.
EPS Rm 1,640 million divided by 1,360 total issued shares =Rm 1.21.
Based on P/E 25 my target price will be Rm 30.25.
Based on P/E 20 my target price will be Rm 24.20 which is easily achievable.
If i had to choose also i would dump supermax at the current price. Even OTB is out last weel from supermax. But uncle and OTB still holding comfort because it is under value.
You should be glad he had left. He will do more harm than good if he is around and keep on hard selling the these shares. He is a manipulator to the extreme!
lmao I am worried that kyy is gonna pump and dump comfort. Comfort share price is already volatile and less growth than other bigger cap glove companies. Also I really don't like his con artist blogger personality.
Uncle KYY like a Lalang......... Saturday promote Supermx...... Monday promote Top Glove..... Tuesday will promote Harta..... Wednesday promote Kossan..... next week he will go back to promote Dayang again .......
Now only you know! Those stocks that he recommended you better think twice unless the company is really performance. Again, if the company share base is more than 1 billion shares, you are safe because he couldnt easily manipulate it.
Posted by wallstreetrookie > Jul 20, 2020 10:31 PM | Report Abuse lmao I am worried that kyy is gonna pump and dump comfort. Comfort share price is already volatile and less growth than other bigger cap glove companies. Also I really don't like his con artist blogger personality.
hve more positions in comfort. supermax n top glove first part of news lady out...expectation is number of shares increase tremendously...not good...bonus issue will dilute the earnings
There is an old English saying “I put my money where my mouth is” which means I do what I said. Another old English saying “I walk the talk” also means the same thing.
Yesterday I sold 2,521,500 Comfort at Rm4.16 and 1,057,000 Supermax at Rm 18.83 and bought 1,618,200 Top Glove at Rm 25.00. RHB Investment Bank Perak regional manager Mr Sim can confirm this transaction.
If u bind to his stories, u will be a looses....I am glad it’s down another 3-5% again...so that we can collect...so as he....he will collect as well!!!!..,the person who sold off at the end is a looser...only regrets will walk in a looser mouth...so hold tight, another quarter is still good with asp raised, so as the net profits..
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Posted by JC1425 > 2020-07-20 14:55 | Report Abuse
Omg when will it reach 4.40 so that I can throw this crap