Posted by Baby Shark > 2020-09-17 16:17 | Report Abuse

I predict 4.30pm can shoot up a bit..

Posted by Parrot > 2020-09-17 16:19 | Report Abuse

The trend so far dun look healthy..

Posted by Parrot > 2020-09-17 16:20 | Report Abuse

Maybe tomorrow but very hard to predict..No point talking bout FA, TA, ASP, PAT n etc..

Posted by Baby Shark > 2020-09-17 16:20 | Report Abuse

Now average 7.83.. start takut d.. hahaha

Posted by Baby Shark > 2020-09-17 16:21 | Report Abuse

Ops.. 3.83 average

Posted by kens88 > 2020-09-17 16:27 | Report Abuse

You honestly think this counter can go back rm6,7?

Honest question btw

Posted by Parrot > 2020-09-17 16:27 | Report Abuse

Tomorrow oso doubtful as end week ppl take profit but u never know..

Posted by Parrot > 2020-09-17 16:28 | Report Abuse

All glove share I buy oso now loosing..K+, Supermax n TG..

Posted by Baby Shark > 2020-09-17 16:30 | Report Abuse

Wah.. kalah again

Posted by apolloang > 2020-09-17 16:36 | Report Abuse

"Baby Shark"


Baby shark, doo doo doo doo doo doo
Baby shark, doo doo doo doo doo doo
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Baby shark!

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Mommy shark!

Daddy shark, doo doo doo doo doo doo
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Daddy shark!

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Grandma shark!

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Grandpa shark!

Let's go hunt, doo doo doo doo doo doo
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Let's go hunt!

Run away, doo doo doo doo doo doo
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Run away!

Safe at last, doo doo doo doo doo doo
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Safe at last!

It's the end, doo doo doo doo doo doo
It's the end, doo doo doo doo doo doo
It's the end, doo doo doo doo doo doo
It's the end!

Posted by loquezila > 2020-09-17 16:43 | Report Abuse

so i was wrong about lowest can reach 3.800.. reality is much lower. so now i think lowest is at support 3.440

Posted by Baby Shark > 2020-09-17 16:45 | Report Abuse

Hehe.. no problem, rugi sikit

Posted by Dreamcometrue > 2020-09-17 16:46 | Report Abuse

"Whoever no buy I say boloh.. " so clever. the clever boy still alive?

Posted by kens88 > 2020-09-17 16:53 | Report Abuse

Go up five cents, drop fifty cents

Posted by amateurJR > 2020-09-17 17:33 | Report Abuse

haha baby shark thought u main topglove. Still in love with comfort meh?

Posted by Slc1 > 2020-09-17 17:48 | Report Abuse

Apollo Ang, U really funny lah....

Posted by AxeCapital2077 > 2020-09-17 18:03 | Report Abuse

Next time don’t come out qr better hahaha. Close to my avg 4.2 then drop haha. Haih if this continue ah tell you better cut loss

Posted by AxeCapital2077 > 2020-09-17 18:13 | Report Abuse

idk this kyy even warren buffet to invest... desperate man

Posted by amateurJR > 2020-09-17 18:15 | Report Abuse

KYY smart fox buy low sell high. U think he really hold the stock meh

Posted by oilwaterman > 2020-09-17 18:23 | Report Abuse

300k new covid cases in the past 24 hours, and people think gloves game is over?

Wasting time to show this number and good QR, people are just stupid to choose the right stocks.

Posted by mf > 2020-09-17 20:21 | Report Abuse

European stocks fall as markets react to central bank meetings

Posted by linheng > 2020-09-17 20:54 | Report Abuse

Terrible. All roasted to charcoal today. Think will continue going down to below $3. No below $3 cannot buy. No upside but plenty downside

Posted by Jingweihan > 2020-09-17 21:42 | Report Abuse

Just buy

Posted by michaelwong > 2020-09-17 22:19 | Report Abuse

Market not stable but gloves counter stocks all is making huge profits through their high demands and increased ASP price for another one or two years even if vaccines is available in the global market . Buying at the right entry price is all about reaping wonderful profits for its strong technical rebound or uptrend .

Posted by bb2ualways > 2020-09-17 22:31 | Report Abuse

Tomorrow open gap up and chase again.

Posted by Newbiexxxxxxxxx > 2020-09-17 23:37 | Report Abuse

https://www.cnbc.com/2020/09/17/coronavirus-latest-europe-jittery-as-cases-rise-and-lockdowns-return.html

Gloves will be the next blue chip

Posted by apolloang > 2020-09-18 00:04 | Report Abuse

already key in by 3.50 20,000

Posted by MasterYoda > 2020-09-18 00:06 | Report Abuse

Glove stock will continue to rise!For maximum profit investor should buy HLT or CAREPLUS.The dark side clouds everything. Impossible to see the light, the future is.”

Posted by Elitetrader > 2020-09-18 00:14 | Report Abuse

Stay safe everyone.

Posted by selesa2020 > 2020-09-18 07:02 | Report Abuse

Surging coronavirus figures across Europe should serve as "a wake-up call", the World Health Organization's regional director has said.

Posted by GenuineInvester > 2020-09-18 07:56 | Report Abuse

The market was seemed to be manipulated yesterday when all glove stocks were sold at low points at 14:45,16:00, 16:35. This is because IB did the shortselling!
“Permitted Short Selling (PSS) is not affected by the temporary suspension of short selling, as PSS is necessary for market makers to market make the relevant securities such as exchange traded funds efficiently.”
Market maker = IB can shortsell !!! IB short selling to create havoc in the market because of the call warrants issued expiring soon, esp in Oct. Many of them are in bad loss esp those issued with Low premium before April.

The short selling sold 17 Sept must deliver the shares in 2 days time.
Thats called T+2. Those sold today will still buy back tomorrow coz there is such a thing as Express Transfer to deliver shares to you in 2 days time.
Its a gamble, so today will be buy back time for these IBs.
That means the rebound must not more than 64 Sen in order for IB to win big.
If there are a lot of buyers today these Short Sellers will lose. These are the warrants going to be expired.
(i) C77/CIMB /28 September
(ii) C78/Kenanga/8 October
(iii) C80/CIMB /27 October
(iv)C 81/RHB /23 October
(v) C 83/CIMB /27 October

All will cause banks to lose tons of money right esp Maybank c84.

All glove supporters. The call warrants is a big issue now as dirty hand manipulate the market deliberately despite knowing to true value of glove stocks. We have to stay united, share this info to the our community to fight against wicked IBs who use many tactics and rumours to shatter the market ... and shortselling are the latest manipulation!

We have to hold on to our shares to win big together. The bosses of glove stocks led by TS Lim WC will lead us too win big as Gloves is the very few stocks that really make profits in this pandemics.

Posted by GenuineInvester > 2020-09-18 07:56 | Report Abuse

1. Strong earnings visibility for the next 12 months (min) with / without vaccine

2. Shortage is acute especially for nitrile Gloves

3. ASP price increased has been and will remain elevated for some time

4. Structural change in demand and hygiene habits

5. Monopolistic position of Malaysia supply to the Global markets

6. Valuation is still lagging actual earnings growth and it will be reflected in coming quarters

7. Huge cash inflow for Glove players. Cash is king especially during weak economic environment.

8. No other better sector / industry / stocks for alternative investment opportunities in the near term.

9. Some local funds / local investors may not believe in the Glove sector. But I believe in it strongly. My belief is objective based on data, facts and numbers. Not emotions. There is deep value in Glove sector especially those with strong quality management like Hartalega,, Supermax and Top Glove.

10. Lastly, the Glove sector is very relatable to retail investors who can touch, feel or understand the nature of the business due to usage in daily life.

Posted by GenuineInvester > 2020-09-18 07:57 | Report Abuse

Tradeview Commentaries 17th Sept 2020 - Top Glove Q4 2020 Earnings:

The results are exceptional, it goes without saying. It beat market expectation of RM 1-1.1 billion by a huge mile. This is what we call a blow out quarter. At RM 1.33 Billion the results exceeded consensus by close to 20-30% minimum. Full year 2020, the results is RM 1.9 Billion which flat out beat consensus of the media RM 1.48 billion by almost 28%.

Of course before this, many critics said Top Glove expensive with trailing PER 70x. With the latest results, the trailing PER fell to 38x. Forward PER, is only 13.6X . That is assuming that next 4 QR maintains at this net profit and there is no further growth which is not likely.

I would like to highlight what impressed me the most are the utilization rate is close to 100% which allowed Super economies of scale for them. Additionally, they have repaid their debts and turned net cash of RM 2.34 Billion. Hence the share buy back earlier was only a drop in the ocean for the company. With that they further paid out 8.5 sens dividend (combine earlier payout) which translates to 50% dividend pay out ratio of profits close to Hartalega's 60%.

To put things into perspective, Top Glove results of RM 1.33 Billion net profit this QR flat out beat Maybank's recent QR of RM 900+million and Public Bank's RM 1 billion net profit. I think this results validates my bullishness of the sector and continued confident outlook of having Glove stocks in my investment portfolio.

This bellweather results is an indicator for the entire sector. Please note this also shows how the others would do well, especially when you see how much Nitrile Gloves demand has risen closed to 31% vs Latex only 7%. Riverstone, Hartalega, Kossan, Sri Trang, UG Healthcare, Supermax, Comfort will all do well continuously.

For those who are not sure what to do, again it comes down to you investment horizon, risk appetite and ability to hold. I am of the view Top Glove has shown its able to deliver regardless of the adversity, negative news and what not. I have confidence Top Glove may really exceed Maybank to become Malaysia stock with largest market capital.

Posted by GenuineInvester > 2020-09-18 08:15 | Report Abuse

The rebound today must not more than 64 Sen for Topgove in order for IB to win the short selling

Posted by GenuineInvester > 2020-09-18 08:31 | Report Abuse

CW : Mother price > excise price = in the money
Cw: Mother price < excise price = out of money (expire worthless)
THe IB are pressing down so badly because they made a bad bet with their old warrants. , they never expected TG share prices to rise so much. One the old warrants all expire.. the IB won't press so much.. but it also means trading with warrants become a lot more dangerous.

Posted by TheTitanic > 2020-09-18 08:43 | Report Abuse

@genuineinvestor. so today need to rebound or no rebound?

Posted by oilwaterman > 2020-09-18 08:51 | Report Abuse

https://www.cnbc.com/2020/09/17/coronavirus-latest-europe-jittery-as-cases-rise-and-lockdowns-return.html?__source=iosappshare%7Corg.mozilla.ios.Firefox.ShareTo

and they said vaccine is ready soon....

Posted by apolloang > 2020-09-18 09:08 | Report Abuse

bought comfort 3.50 20,000

Posted by Elitetrader > 2020-09-18 09:08 | Report Abuse

Soon ...like 2 or 3 years perhaps

Posted by apolloang > 2020-09-18 09:17 | Report Abuse

sold 3.85 20,000 money in the pocket already

Posted by Liquidity > 2020-09-18 09:33 | Report Abuse

Enjoy your RM2K apollo :)

Posted by apolloang > 2020-09-18 09:35 | Report Abuse

what 2k? almost 7k lo+ supermax more than 10k in less than 20 mins....hahaha.can go for breakfast liao

Posted by BatteriesNotIncluded > 2020-09-18 09:41 | Report Abuse

O&G Recovery - Serba Dinamik - 40 to 50% Upside Hidden Gem
https://klse.i3investor.com/blogs/ndcg/2020-08-28-story-h1511677632-Serba_Dinamik_40_Upside_Hidden_Gem.jsp

Posted by TheTitanic > 2020-09-18 10:10 | Report Abuse

congrats apollo

Posted by Ibelieve > 2020-09-18 10:56 | Report Abuse

Saw Natwide in top gainers, added to my watchlist, glimpsed thru announcements and saw PN17, immediately delete from watchlist.

Stay with gloves guys, nothing else worthwhile.

Posted by nonamejan > 2020-09-18 11:10 | Report Abuse

bought at 3.84, worth to hold on for long term? you guys think will reach new high?

Posted by TheTitanic > 2020-09-18 11:32 | Report Abuse

honestly, who the fark knowS?

Posted by oilwaterman > 2020-09-18 11:39 | Report Abuse

We are what we think. All that we are arises with our thoughts. With our thoughts, we make the world. -

Posted by Liquidity > 2020-09-18 11:41 | Report Abuse

My thoughts are hold. Ride through vaccine news, US elections and Malaysia 2021 budget.
Then come December when Comfort announces higher than RM42m profits again, fundamentals should kick and share price will reflect that slowly.

Posted by TheTitanic > 2020-09-18 12:09 | Report Abuse

now no point talking fa, undervalue what shit all the same. If buy prepare to hold thats it unless, u play contra. If play contra no1. rule is BUY on red Days, Sell on Green Days. NEVER CHASE! i lost 5k for chasing lesson learnt. follow apollo