Pls send out to regular customers who have patience to hold on the rubber gloves stocks, Next week onwards, 1 September 2020,
BIG Run on Supermax,
The rest 2 nd tiers, (i) Careplus (ii) Comfort Will follow immediately [8/28, 6:33 PM] Sidney Oon: For 28 August 2020 Friday
Supermax /7106
1. Grand closing with 3 WhatsApp pictures, showing dynamic closing from at (i) number of transaction 23978=RM 21.10/ 33,214.6 lots /04.44.59 23979=RM 22.14 /33,255.8 lots /04.50.00
The last transaction =27052/time = 04.59.59 88,426.6 lots
Remarks ===========================
The last 15 minutes done =55,212lots minus 33,214 lots
Number of lots done =21,998 lots,
One word =incredible, INCREDIBLE [8/28, 6:33 PM] Sidney Oon: 28 August 2020
The above 3 WhatsApp pictures showing on the incredible closing of Strong closing of Supermax with five minutes closing of 21,998 lots, versus one whole trading, before closing 4.44.59pm /33,214 lots [8/28, 7:01 PM] Sidney Oon: The last 15 minutes done 88,426 lots minus 33,214 lots =
55,212 lots One word =incredible INCREDIBLE 28/08/2020 7:38 PM 28/08/2020 7:45 PM
For the benefit of members, as promised, I have considered 2 hedging glove-related stocks:
DANONCE TECHNOLOGY (7114) SAMCHEM (5147)
Both are suppliers to the glove and healthcare industry and they are now trading at a relatively low PE ratio and stock price. D'nonce is an especially good pick as its Q2 is coming out in 30 days time and for the last 3 quarters it has been recording profit growth. The recent corporate presentation and management mentioned they're currently experiencing very strong orders and are operating at maximum capacity, in tandem with the robust demand for gloves.
From its recent corporate presentation, and google map, we can guess with high accuracy that TOPGLOV Thailand and Sri Trang Glove are their clients.
Currently projecting a base case RM 15m of net profit for FY2021, which translate into 5.7c eps FY2021. Extrapolating that into 15x PE based on conservative valuation. TP by analyst: 0.8-1.0
Samchem is a chemicals company supplying chemicals to glove companies to manufacture gloves. Also a solid company with strong fundamentals and growing profits. TP by analyst: 1.23
This is not a buy call, just for the members hedging thoughts. Let me know if you agree after you read up more on these stocks and their business.
Please note that the idea of hedging is meant to counter the turbulence of the glove stocks. I still continue to believe comfort has its own potential upside but with market sentiments swaying, it would be advisable to not put all your eggs in one basket. At the same time, I do not advocate speculating in penny stocks like the pharmas. My definition of penny stocks are stocks with no proven track record and are trading at ridiculous prices relative to their profits.
I only would advocate hedging stocks with the following criteria:
1. proven track record and profit growth. 2. strong management team and visible corporate earnings, 3. transparent management ideas such as presentations and press releases so we know what is going on with the company. 4. glove related preferably as glove demand will continue to be elevated. 5. strong fundamentals and relatively low PE ratio 6. current price still demonstrates an upside (massive upside 30% or more) and not over-priced so that there is still gain to be made without investors taking ridiculous risks.
German Chancellor Angela Merkel said the coronavirus situation in Germany is likely to worsen in the months ahead and that the German government will prioritize children, vulnerable people and the economy, Reuters reported.
“It will probably get more difficult,” Merkel told reporters at a news briefing, according to Reuters. The government will be “doing everything so that our children are not the losers of the pandemic. School and daycare need to be the most important things.”
She added that Germany will seek to jump start the economy in segments that have been stunted by the virus, Reuters reported, and try to protect elderly and low-income families. Germany managed to keep the number of cases in the country relatively low early in the outbreak, but cases have risen rapidly in recent weeks with the country reporting about 1,500 new cases per day, according to data compiled by Johns Hopkins University. —Will Feuer
Somehow I am thinking pharmaceutical stocks can start to look into..the trend now is buying on news..yes you are correct - gloves is having a very good fundamental but pharmaceutical is having its own big/huge fans of vaccines (it’s like big wife waiting for cock) - so buying both pharmaceutical and gloves stock will help to balance up because when gloves up, pharmaceutical stocks dips and vice versa..the volitilation of pharmaceutical stock is about the same as gloves......
Bank Islam Malaysia Bhd economist Adam Mohamed Rahim said the 3.3 per cent decline in the key index for the week, after settling at 1,525.21 points on Friday, presents an opportunity to accumulate some stocks, in particular glove maker stocks which have been hit on news Russia is preparing to approve a second Covid-19 vaccine. “In the long run, demand for rubber gloves will remain high even once a vaccine is successfully procured as hygiene awareness continues to be high,” he told Bernama.
BERLIN, Aug 28 — Coping with the coronavirus will become more challenging in the coming autumn and winter months, German Chancellor Angela Merkel said in her annual summer press conference today.
As an investors, we buy facts and figures of future growth. Not buying hope or speculative stocks. We could invest in US or China pharma stocks but not in malaysia bottling/filling stocks. My 2 cents
Covid 19 pandemic is affecting everybody and all listed companies except medical gloves stocks and medical products to prevent the virus. The demand for medical glove far exceeds supply. All glove makers can easily increase their selling prices to take advantage of the big demand.
As shown on the charts, Supermax has shot up from Rm 1.80 to close at Rm 22.14 in the last few months, an increase of 12.3 times; while Comfort has shot up from 80 sen to close at Rm 4.31, an increase of 5.4 times.
As shown on the chart below Comfort was selling at Rm 6.76 on 3rd Aug and closed today at Rm 4.31, a drop of Rm 2.45 in less than 3 weeks. During the same period, all the other glove stocks have gone up.
Smart investors should be able to see that this is so ridiculous. It is a good buying opportunity to make money. I sold Comfort earlier to buy Supermax and today I sold Supermax to buy Comfort.
As I said many a time before, no stock can drop continuously for whatever reason. After sometime it must change its trend. The best time to buy is at its pivoting point.
Comfort will report its 2rd quarter result ending July before end of September. Like all glove stock, the result should very good.
Imagine Comfort is the iguana in this short film, and we the investors are those chasing snakes. Those who think Comfort not worth anything, will rush into the rally at any price once it runs.
It's smaller twin, Rubberex already at RM 5+ after good qtr result, and bonus issue. Comfort's price alway close to Rubberex so I think they will follow the same modus operanti.
I think Rubberex not doing so well this qr given its current price of 5.60 Careplus qr is much better than Rubberex, it's unbelievable. Hopefully Comfort did better
As much as we wanted to make some earnings during this difficult time, let us not forget to pray that vacine can be made available in shortest time possible. Many people dying not because of Covid but hunger
[8/28, 6:13 PM] Sidney Oon: For 28 August 2020 Friday
Supermax /7106
1. Grand closing with 3 WhatsApp pictures, showing dynamic closing from at (i) number of transaction 23978=RM 21.10/ 33,214.6 lots /04.44.59 23979=RM 22.14 /33,255.8 lots /04.50.00
The last transaction =27052/time = 04.59.59 88,426.6 lots
Remarks ===========================
The last 15 minutes done =55,212lots minus 33,214 lots
Number of lots done =21,998 lots,
One word =incredible, INCREDIBLE [8/28, 6:18 PM] Sidney Oon: 28 August 2020
The above 3 WhatsApp pictures showing on the incredible closing of Strong closing of Supermax with five minutes closing of 21,998 lots, versus one whole trading, before closing 4.44.59pm /33,214 lots [8/28, 6:26 PM] Sidney Oon: Supermax /7106
For 28 August 2020 Friday
Pls send out to regular customers who have patience to hold on the rubber gloves stocks, Next week onwards, 1 September 2020,
BIG Run on Supermax,
The rest 2 nd tiers, (i) Careplus (ii) Comfort Will follow immediately [8/28, 7:00 PM] Sidney Oon: Supermax /7106
Another surprise for Coming week, from 1 September 2020 / Tuesday onwards
Can endeavor to limit up RM 28. 78 [8/28, 7:00 PM] Sidney Oon: The last 15 minutes done 88,426 lots minus 33,214 lots =
Every country & every gloves company are increasing gloves capacity mah..!!
What happen leh ? Huge Increase in supply when demand cannot keep up...Share price of Gloves will collapse bcos of huge competition coming mah..!!
Run b4 too late loh..!!
Just hide in Solution Cansino vaccine mah...!!
Very safe loh...!!
Posted by Ravi1969 > Aug 30, 2020 10:54 AM | Report Abuse
Why is there a demand for gloves? Because the usage has expended exponentially!!! So will filling and packing looks like vaccine still has to come from somewhere. These aren’t making it
Posted by stockraider > Aug 30, 2020 10:59 AM | Report Abuse X
Remember Gloves is just like any commodities easily produce mah..!!
HONG KONG, Aug 30: More than 24.84 million people have been reported to be infected by the Covid-19 (coronavirus) pandemic globally and 837,623 have died, according to a Reuters tally.
Infections have been reported in more than 210 countries and territories since the first cases were identified in China in December 2019.
The United States are the worst hit country with more than 182,000 cases of death and almost 6 million registered confirmed cases.
They are followed by Brazil. Just over six months after registering its first case of the Covid-19, Brazil crossed the grim threshold of 120,000 people killed by Covid-19 on Saturday (Aug 29), with no end in sight to the crisis.
The country of 212 million people has now registered 120,262 deaths from the virus and 3,846,153 infections, the health ministry said in its daily update.
Brazil is just the second country to surpass a death toll of 120,000 in the pandemic, after the United States, where the number killed is now more than 182,000.
Unlike in Europe and Asia, where the virus hit hard and then subsided, Brazil's outbreak is advancing at a slow but steady pace, said Christovam Barcellos, a researcher at public health institute Fiocruz.
"Brazil is unique in the world. Since the start of the pandemic, its curve has been different from other countries', much slower," he told AFP.
"It has stabilised now, but at a very dangerous level: nearly 1,000 deaths and 40,000 cases per day.... And Brazil still isn't past the peak."
The pandemic has also turned political in Latin America's largest country.
President Jair Bolsonaro has downplayed the virus and attacked governors and mayors who imposed lockdown measures, arguing the economic damage is worse than the disease itself.
The far-right leader is instead pushing the drug hydroxychloroquine as the solution to the health crisis, despite studies showing it is ineffective against Covid-19.
He again said Saturday the controversial medication had "saved thousands of victims' lives" in Brazil.
Bolsonaro even took what he called the "right-wing" drug himself when he was diagnosed with the virus in July.
"It's shocking the way (Bolsonaro) has handled this. It's not just his denialism.... He has often crossed the line of disrespecting victims," said political analyst Michael Mohallem of the Getulio Vargas Foundation.
"The number of deaths is scandalously high," he told AFP. "I think someday he'll have to pay the price."
The virus has meanwhile spread to more fragile demographic groups and to the interior of the country.
Impoverished residents of overcrowded favelas, or slums, have been hit especially hard.
So have indigenous groups in the Amazon rainforest, who have a history of vulnerability to outside diseases.
No matter what is the development on vaccine, he says, she says .......... ultimately, it boils down to the following :-
The pandemic feels like it’s gone on for 1 million years, but in a more real way, the coronavirus has only existed in the human population for about nine months. Scientists have learned so much, so fast, but there’s still a long way to go. The human immune system is weird and confusing, and it’s squaring off against a new, never-before-seen virus. It’s going to take time to understand what’s happening, quoted by Nicole Wetsmen.
Scientist still do not well of Covid and discover something new every month. They are still shooting in the dark. They can only guess (i.e. probably, could be, may be, if, etc), therefore, what is said today can be invalidated tomorrow. Better to wait for more solid study and trial. Only media, politician and self-proclaimed expert seemed to know better than the scientist. From my experience, a real expert is usually humble, open to learn new things and would not comment on things beyond their area of expertise.
Forget about safe and high efficacy vaccine for now and closely observe the SOP. Healthy person should be more worried about cancer and other chronic diseases, which kill more people than Covid. In 2020, it is expected to have 600k to 700k death in US alone due to cancer, and our Black Panther hero just succumb to it. You wouldn't want to take unproven vaccine which could induce rare disease, increase high chances of cancer, heart attack, etc. Don't get your focus off the importance to live a healthy live than being led blindly that an upcoming vaccine will put an end to this crisis. Our colleague in Tokyo and agent in Indonesia also caught Covid but they exhibit only mild fever while the other is asymptomatic. But if you have cancer, you should be more worried.
Yes, glove demand will remain in the uptrend because heighten hygiene would be in place even if the pandemic is brought under control eventually (though that may only be in 2022 onwards, hopefully) like the 9/11 incident that has heighten the security across the world. Covid is here to stay just like the terrorist. No one wants to be left out of the economic recovery and put on high alert due to another virus outbreak.
Any Tom, Dick and Harry can jump into the glove business (and that may take around 2 years to materialize) but whether they'll survive is another question just like the Bubble Tea business. Only the strong ones will thrive due to economic of scale, secured distribution channel (or own distribution channel), own brand name, cost-labor-material-logistic advantage, proprietary technology, etc. By the way, China is no longer cheap and they will face aging population problem.
A. The next financial report is expected around end September 2020, Should the financial report released earlier, than end September 2020, it will offer indications to higher profit than the previous quarter of RM 16,339,000.00 [RM 16.3 millions] and it will surplus general consensus expectations of RM 22 millions above, Should it be above RM 30 millions, It will offer the share prices, explosive run to old high RM 7.28 and Above.
==============================================
Summary In short, this time KYY (Koon Yew Yin) can be right, after trading in, Selling out, On the rubber gloves stocks, More of patterns of rubber traders on rubber gloves stocks.
Uptrend rubber glove stocks +inter related to rubber gloves stock This coming weeks onwards, from 1 September 2020, Tuesday onwards
Pls include in your favorite watch list,
Mid term buy stocks (i) Comfort /2127 (ii) Careplus /0163
It will be good to recommend this stock, Solution /0093 That among vaccine candidates, this stock sounds with same level of attraction as compared to (i) Pharmaniaga /7081/negative earning per share (ii) D Pharma /7148/sell call by RHB downgrades to Target Price RM 1.95
Duopharma / to sell following overdose of vaccine hope Issued by Areeshya Themanohar/ The Edge ( theedgemarkets.com) 29 July 2020 /10.43am
The above 2" pharmaceutical outlets " cannot qualified to be Malaysian sole refill + repack candidates
You may have interest to issue this stock, Solution /0093 in the Pharmaniaga D pharma I3 forum
the fact is - gloves shortage is real & still going on - vaccines in trials since mac 2020, still not coming yet. WHO didnt announce any confirmation on vaccine. still no real news, no real result. "
TRENDING NOW Covid-19 outbreak Select Language▼ MALAYSIACORPORATE RHB downgrades Duopharma to 'sell' following overdose of vaccine hope Areeshya Thevamanohar / theedgemarkets.com
July 29, 2020 10:43 am +08
-A+A KUALA LUMPUR (July 29): RHB Investment Bank Research has downgraded its rating of Duopharma Biotech Bhd to “sell” at RM2.82, with an unchanged discounted cash flow (DCF)-derived target price (TP) of RM1.95 and 31% downside.
In a note today, RHB analyst Alan Lim said the downgrade followed a media report which stated that packaging of the prospective Covid-19 vaccine will not be exclusive to Duopharma and Pharmaniaga Bhd.
“We maintain our earnings estimates as we have not imputed any earnings contribution from the potential vaccine.
Sponsored Content
Investment themes in a post-Covid-19 world Covid-19 has accelerated the adoption of technology in business operations. With virtual and digital replacing physical interactions whenever possible, we will see an increased adoption in technology and virtual conferencing software.
READ MORE “Although the company is fundamentally strong, a valuation of +3.98SD (standard deviation) means its share price has run up purely on speculation. We expect no positive surprises for the second quarter ended on June 30, 2020 (2QFY20) and FY20F earnings,” he added.
Lim said the New Straits Times, quoting Science, Technology and Innovation Minister Khairy Jamaluddin, had reported that the selection of companies to package the Covid-19 vaccine (once it has been developed) will not be limited to Duopharma and Pharmaniaga.
He said this followed an initial report by theedgemarkets.com on July 14 that Duopharma and Pharmaniaga were selected to undertake the fill-and-finish processes of the Covid-19 vaccine.
Lim noted that Duopharma's share price had surged 76% in the past one month with no change in the company’s fundamentals.
“At RM2.82, Duopharma is trading at 30.5 times FY21F price-earnings ratio (PER). Although it is fundamentally strong, we believe that the huge premium is not justified in the absence of an immediate catalyst which would improve earnings significantly for the near term.
“We expect Duopharma to announce its 2QFY20 results in August. Earnings should match expectations with no major positive surprises."
Lim expects Vitamin C sales to be strong in 2QFY20.
However, he said sales of pharmaceutical products to private hospitals were likely to be weak due to a low occupancy rate.
With no surprises seen for 2QFY20, Lim said FY20F earnings growth is also limited at 6%.
At 9.42am, Duopharma had shed four sen or 1.42% to RM2.79, with a market capitalisation of RM1.93 billion. The stock saw some 4.7 million shares traded
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 14788 views | 13 d ago
0:43
M & A Value Partners IPO Equity Fund
MQ Trader 4791 views | 1 mo ago
0:16
MQ Market Updates - 3 September 2024
MQ Trader 134 views | 22 h ago
0:15
MQ Market Updates - 2 September 2024
MQ Trader 113 views | 1 d ago
0:17
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
SEE_Research
4,653 posts
Posted by SEE_Research > 2020-08-28 19:46 | Report Abuse
SEE_Research SEE_Research [8/28, 6:33 PM] Sidney Oon: Supermax /7106
For 28 August 2020
Friday
Pls send out to regular customers who have patience to hold on the rubber gloves stocks,
Next week onwards,
1 September 2020,
BIG Run on Supermax,
The rest 2 nd tiers,
(i) Careplus
(ii) Comfort
Will follow immediately
[8/28, 6:33 PM] Sidney Oon: For 28 August 2020
Friday
Supermax /7106
1. Grand closing
with
3 WhatsApp pictures,
showing dynamic closing from at
(i) number of transaction
23978=RM 21.10/ 33,214.6 lots /04.44.59
23979=RM 22.14 /33,255.8 lots /04.50.00
The last transaction =27052/time = 04.59.59
88,426.6 lots
Remarks
===========================
The last 15 minutes done
=55,212lots minus
33,214 lots
Number of lots done =21,998 lots,
One word =incredible,
INCREDIBLE
[8/28, 6:33 PM] Sidney Oon: 28 August 2020
The above 3 WhatsApp pictures
showing on the incredible closing of
Strong closing of Supermax with five minutes closing of 21,998 lots,
versus one whole trading, before closing 4.44.59pm /33,214 lots
[8/28, 7:01 PM] Sidney Oon: The last 15 minutes done
88,426 lots minus
33,214 lots =
55,212 lots
One word =incredible
INCREDIBLE
28/08/2020 7:38 PM
28/08/2020 7:45 PM