Posted by RockerArm > 2020-08-19 16:30 | Report Abuse

Tomolo might gap up

Posted by investor184 > 2020-08-19 16:31 | Report Abuse

thanks for explainin panda bear

Posted by RockerArm > 2020-08-19 16:36 | Report Abuse

Uncle could be selling Supermax n buy Comfort loh!

Posted by investor184 > 2020-08-19 16:37 | Report Abuse

pandabear when is QR out, early sept?

Posted by investor184 > 2020-08-19 16:40 | Report Abuse

rocker arm tomorrow public holiday aaa

Posted by oilwaterman > 2020-08-19 17:09 | Report Abuse

tomorrow stock market opens....in thailand

Posted by loquezila > 2020-08-19 18:44 | Report Abuse

strong resistant today area fibo 1.618.. friday maybe retest that resistant again. hope for breakout

Posted by SuperPanda > 2020-08-19 19:56 | Report Abuse

comfort and top glove rpt est out 26-sep
projected profit top glove 400-500m
comfort should reach 30m

Posted by Zrenxy > 2020-08-19 20:25 | Report Abuse

Let us wait for AGM for Big announcement from Hextar Global Bhd

http://hextar-iot.com/iot-protection-series/

Posted by frank74 > 2020-08-19 20:32 | Report Abuse

i have comfort for sometime now...if it just reaches 30mil, it would be disappointing...If I assume they repeat this for 4 quarters, it'll be roughly

~ 5.6 EPS x 4 = 22.4

20 PE = 4.48

Put a little bit of growth in it

25PE = 5.60

Which means we should be selling it soon?

Posted by frank74 > 2020-08-19 20:33 | Report Abuse

sure hope they do much better than 30mil

Posted by frank74 > 2020-08-19 20:35 | Report Abuse

If I apply Supermax's performance on TG, I actually think they'll break the billion ! let's see...if it does, it's good for the glove sector as a whole...

Posted by oilwaterman > 2020-08-19 21:11 | Report Abuse

https://www.facebook.com/1663012860577644/posts/2670026323209621/?extid=9RP4zb9r78OqH1lF

Posted by SuperPanda > 2020-08-19 22:09 | Report Abuse

30m is projected conservative profit as no latest data on the additional production output from the new production line and the % of ASP from May~July

supermx and top glove has stated ASP increase
between 10% ~ 40% depends on glove type

Posted by frank74 > 2020-08-19 22:24 | Report Abuse

@superpanda, let's hope they do 3x Q1, then we have something great to look forward to ! :)

Posted by MasterYoda > 2020-08-19 22:33 | Report Abuse

Only glove stock worth entering is HLT

Posted by Ibelieve > 2020-08-19 22:53 | Report Abuse

I thought today's narrow-minded trade was because of holiday tomorrow???

Posted by SuperPanda > 2020-08-20 00:19 | Report Abuse

You are wrong. HLT 1/3 income is from glove dipping line and 2/3 from rubber gloves.

The high demand glove is from synthetic/nitrile not rubber.

HLT coming report will not be superb as big 4 and 2nd tier glove like comfort, carepls and rubberex.

All 7 pure gloves stock has shown increment in revenue in prev qtr but HLT revenue was decreased. Read the prev qtr report to see the fact.

Posted by MasterYoda > 2020-08-20 02:06 | Report Abuse

Master Yoda is always right.SuperPanda super naive ha ha

Posted by SuperPanda > 2020-08-20 08:07 | Report Abuse

Read what i posted at HLT forum. Then wait qtr rpt out to see if it true or not.

HLT now is so overvalue and when actual figure out lower than expectation, market may react. Hopefully it wont happen. If happen those enter early still made big profit but those latecomer will lose big trap at high.

Posted by oilwaterman > 2020-08-20 08:08 | Report Abuse

https://www.themoscowtimes.com/2020/08/19/russia-approaches-940k-coronavirus-cases-as-deaths-near-16k-a69710

I thought russia is free from covid have putin approved vaccine 3 weeks ago.

Posted by mf > 2020-08-20 11:20 | Report Abuse

Dow futures drop 200 points after the Fed highlights economic uncertainty

Posted by AxeCapital2077 > 2020-08-20 12:34 | Report Abuse

idk jus lookin at the outlook of demand > supply, Gloves still making superb profits qoq, and covid still lying around and gov still imposing SOP. i just close and buy lol, money making business dont think so hard sure will limit up hehe

Posted by oilwaterman > 2020-08-20 12:47 | Report Abuse

https://www.klsescreener.com/v2/news/view/715795

asian &! us futures down due to re-emerging of covid cases...

i thought with vaccine covid will disappear?

Posted by TomyamGong > 2020-08-20 13:04 | Report Abuse

5th Largest glove company continue shot higher !!
https://www.facebook.com/Trapthebull/posts/119322659880341

Posted by WaAdaLui > 2020-08-20 14:08 | Report Abuse

REV 210M PAT 47M

Posted by frank74 > 2020-08-20 14:38 | Report Abuse

If your prediction comes true, we're looking at a good rally ahead

Posted by stockexchange > 2020-08-20 15:32 | Report Abuse

well, careplus this year can only produces 2.5Billion gloves per annual with 1st PAT from April till end of June is 36.2m, while Comfort can produces 5.9Billion gloves per annual. i think the PAT for comfort should far exceed than 47M.

Posted by stockexchange > 2020-08-20 15:33 | Report Abuse

Its double production to careplus. the PATof comfort should be double on top of that.

Posted by mf > 2020-08-20 16:29 | Report Abuse

European markets fall after Fed flags uncertainty of U.S. recovery

Posted by skyhin > 2020-08-20 17:18 | Report Abuse

Due to spike cov19, this is good for glove sector to bring up market msia...... All down except glove

Posted by KK > 2020-08-20 17:26 | Report Abuse

Careplus production is going to ramp up to 8.8 billion with additional of new production lines , counter is undervalue among its peers.
A pure glove production company and business model similar to Supermax .
JV with Ansell Australia and this will definitely help for international distribution of medical nitrile glove with assist from long well established Ansell worldwide distribution network

Posted by KK > 2020-08-20 17:28 | Report Abuse

https://klse.i3investor.com/blogs/gloveharicut/2020-08-19-story-h1512423529-CIMB_More_some_than_fire_in_the_GLOVE.jsp

Posted by stockexchange > 2020-08-20 18:05 | Report Abuse

careplus production is going to ramp up till 8.8billion/annul by the END OF 2021 (sources from https://www.thestar.com.my/business/business-news/2020/07/24/glove-maker-careplus-posts-rm363mil-q2-profit-as-demand-prices-soar) . today is only Aug 2020. End of 2021 we never know what will happen in the world.

Posted by stockexchange > 2020-08-20 18:06 | Report Abuse

Also, why always use supermax as model to compare those careplus, both of it are super far different level.

Posted by stockexchange > 2020-08-20 18:11 | Report Abuse

by the correction, the reason why careplus earn 36.3m last quarter is bcos the one-time paid off from disposal of 50% equity which is equivalent to 15.4m. Meaning, the actual PAT of careplus from gloves production might only be half from 36.3m. As a result, the PAT of comfort for next quarter to 47m from glove production might make sense

Posted by foongkitmun > 2020-08-20 18:14 | Report Abuse

Agreed.....comfort won’t worth 5.7 if the PAT is not exceeding 50 m by calculation..

Posted by foongkitmun > 2020-08-20 18:16 | Report Abuse

We have no data about what is going on now in Comfort.....I believe something is brewing......

Posted by foongkitmun > 2020-08-20 18:16 | Report Abuse

Just wait for it’s QR......

Posted by stockexchange > 2020-08-20 18:25 | Report Abuse

I think one of the comfort 'bad' was the management are too quiet. they should come out something LOUD to goreng the market. Unlikely careplus management very smart to goreng, end of next years production line also can be used to announce by today market.

Posted by stockexchange > 2020-08-20 18:27 | Report Abuse

QR might be out after the bonus split from TG, i think its might attract away some investor from small counter.

Posted by Ghg2222 > 2020-08-20 19:34 | Report Abuse

Based on calculation from Q1's Revenue plus ASP, PAT & EPS, my prediction for Q2 result :
Revenue : 204M to 216M
PAT : 55M to 63M
EPS : 9.4 cts to 10.86 cts.

Posted by mf > 2020-08-20 20:38 | Report Abuse

Stock futures fall as Nvidia shares decline, jobless claims come in worse than expected

Posted by Kevin Tam > 2020-08-20 20:45 | Report Abuse

For comfort , next quarter net profit if more than Rm40-43 mil , should be considered as good ...

Posted by Kevin Tam > 2020-08-20 20:48 | Report Abuse

Careplus top management is too high profile n many ppl didn’t deduct out the one off sales proceed of 15 mil from her latest quarterly profit... Even making 20-21 mil net profit in last quarter, some investors still feel doubt how can the tiny manufacturer having 20 fold jump for her profit....

Posted by stockexchange > 2020-08-20 21:27 | Report Abuse

I don’t feel comfortable with 5.00 price, it should be much more higher than that

Posted by oilwaterman > 2020-08-20 21:48 | Report Abuse

https://www.worldometers.info/coronavirus/country/france/

Frace has nearly 3,800 new cases today, highest since may. I thought with sanofi vaccine, new cases should be 38 only.

Posted by averageguy90 > 2020-08-20 22:36 | Report Abuse

i'm not too sure about tomorrow but monday will definitely be an amazing week
Only thing pending is comforts amazing qr that should push this baby all the way up :)

Posted by DreamKaiser > 2020-08-20 23:42 | Report Abuse

comfort had better move faster & stronger

Posted by DreamKaiser > 2020-08-20 23:43 | Report Abuse

or else going to whupped big time & left behind trailing in the darned dust by careplus