Posted by VKNR1405 > 2021-07-02 10:23 | Report Abuse

https://www.klsescreener.com/v2/stocks/announcement/2127/2465017

Posted by Will76 > 2021-07-02 15:24 | Report Abuse

From the Edge today

Meanwhile, TA Securities Holdings Bhd analyst Tan Kong Jin wrote in a note today that based on the current expansion plans of existing glove manufacturers, entry of new players and aggressive glove production capacity expansion by China, TA Securities believes that there is a possibility of glove oversupply in 2022.

"In our forecast, we expect a surplus of 40.3 billion gloves in 2022 (assuming no delays/changes to the targeted expansion plans),” Tan said.

Posted by chensk > 2021-07-02 16:30 | Report Abuse

PE 2.36!

Posted by neutralist > 2021-07-02 17:00 | Report Abuse

PE 0.9 can start loading

Posted by selesa2020 > 2021-07-02 17:27 | Report Abuse

Meanwhile most glove investors said, Tan King Jin to shut his mouth and go to hell!

Posted by Shines > 2021-07-02 18:00 | Report Abuse

Haha, I would predict by 2022, there would be a surplus analyst from TA

Posted by i3lurker > 2021-07-02 18:03 | Report Abuse

delays and changes are normal

and if you think your variable and fixed costs are low and can compete, you will still expand and fight it out.
as usual, Analyst are NOT businessman.
Businessman think differently from Analyst.

"In our forecast, we expect a surplus of 40.3 billion gloves in 2022 (assuming no delays/changes to the targeted expansion plans),” Tan said.

Posted by 5c0160 > 2021-07-02 21:13 | Report Abuse

Any sifu can predict the warrant price on 6/7?

Posted by Mr.Sm Invest123 > 2021-07-02 21:41 | Report Abuse

马来亚投行称金发女朗幸福日子结束
风光不再大幅调低手套股目标价格
02/07/2021

手套业＂金发女郎幸福日子＂不再有？马来亚投资银行指出，手套平均售价（ASP）在今年上半年＂触顶＂，随新冠疫苗接种率提高，售价开始滑坡，手套股最风光日子一去不复返。

马来亚投行最新报告指出，手套集团盈利上涨趋势出现掉头，因为手套平均售价滑跌的速度，比预期更快。

「平均售价滑跌，意味手套集团盈利滑跌，主要是受供应大幅增加，疫苗接种率提高，以及行业竞争激烈，最风光的日子不再有。」

该行分析员指出，手套集团更面对全球环境，社会及监管标准的压力，估值会因此滑落。

贺特佳(HARTA 5168)最近向分析员举行汇报时透露，手套平均售价在下个月会进一步滑跌。

根据一家国际会计楼报告指出，丁腈手套平均售价将在2023年时下跌52%至59%之间，每1000只手套售价是35美元至20美元之间。相比目前的每1000只手套US$85/US$42.70。

马来亚投行调低高产柅品（KOSSAN）和顶级手套（TOPGLOVE）评级至＂观望＂，不过维持贺特佳（HARTA）的＂买进＂评级。

该行将贺特佳目标价由RM13.10调低至RM9.80，高产柅品目标价格由RM5.25调低至RM3.20。

顶级手套目标价格也由RM4.51调低至RM3.98。

高产柅品股价今午报RM3.11，顶级手套报RM4.03，贺特佳报RM4.02。

Posted by johnhuathuat > 2021-07-02 21:57 | Report Abuse

oversupply by 2022? lol. so many reports, so many studies, so many interview with director related to the industry all say demand supply catches up 2023. now surplus 2022? really funny analyst

Posted by BrusaCasino > 2021-07-02 22:01 | Report Abuse

IB usually full of crap

Posted by BrusaCasino > 2021-07-02 22:01 | Report Abuse

Telling lies and playing games is part of the job

Posted by Kevin Tam > 2021-07-02 23:09 | Report Abuse

Local investment banks/ research houses want the investors to feel more pessimistic than 3 months ago then they have come out few reports to talk the threats of big 4 glove counters while Delta variant started to spread in U.K., Europe , half of Asia n USA... If in 2022, supply a bit more than demand also don’t need to be over pessimistic coz big 4 n comfort can adjust their expansion plans in 2022-2023 ... The research houses still kind of optimistic while JP Morgan downgrading Topglove TP in last December then these 2 months , many local research houses turned to be pessimistic...

Posted by Kevin Tam > 2021-07-02 23:11 | Report Abuse

With the common sense n business sense of top management of big 4 n Comfort , they still can adjust their expansion plans ..

Posted by afif95 > 2021-07-02 23:48 | Report Abuse

mahsing secures order till september ave price between 85-115 usd/1000 piece. Comfort boss said softening price for his gloves during agm 60-90 usd/1000 piece and demand still strong. Have chance another good result i guess?

Posted by BrusaCasino > 2021-07-03 00:36 | Report Abuse

Top glove and supermax got labour issue. Guess who is taking up their market share in the US. U guessed it. Tier 2 glove stocks

Posted by BrusaCasino > 2021-07-03 00:37 | Report Abuse

Especially comfort. Given enough time, comfort can catch up to match kossan maybe in 1-2 years

Posted by 5c0160 > 2021-07-03 09:01 | Report Abuse

warrant no value at all with the conversion price to mother is 2.30?Mother price only 1.98. LOL

Posted by BrusaCasino > 2021-07-03 10:03 | Report Abuse

Current price large discount since ex warrent issue date

Posted by BrusaCasino > 2021-07-03 10:03 | Report Abuse

I am collecting mother share on every drop

Posted by BrusaCasino > 2021-07-03 10:04 | Report Abuse

Dividend up coming 4c soon also. Super happy

Posted by 5c0160 > 2021-07-03 14:28 | Report Abuse

tuesday warrant trade btween 0.05-0.10.

Posted by Start_0f_the_bull > 2021-07-03 19:16 | Report Abuse

Mother price 198c but warrant execise price 230c. Anybody can confirm how it can be traded at between 0.5 - 1c?

Posted by selesa2020 > 2021-07-04 10:03 | Report Abuse

https://youtu.be/X712uGy2W3o

Posted by selesa2020 > 2021-07-04 10:03 | Report Abuse

Not sure it vaccination will become yearly affair?

Posted by selesa2020 > 2021-07-04 10:03 | Report Abuse

As mentioned by the experts...

Posted by selesa2020 > 2021-07-04 10:06 | Report Abuse

Glove demands will always be there...

Posted by Benny1123 > 2021-07-04 16:15 | Report Abuse

Good demand not use, no one wants to push the share price up..

Posted by Mr.Sm Invest123 > 2021-07-04 17:27 | Report Abuse

Tomorrow 1.50

Posted by neutralist > 2021-07-04 17:29 | Report Abuse

perak based right. benefitted. but drop better. i need it at rm1.20 to buy a lot

Posted by afif95 > 2021-07-04 17:41 | Report Abuse

1.8 fight with the boss

Posted by BrusaCasino > 2021-07-04 21:14 | Report Abuse

Mr.Sm Invest123 1.50 TP for your IQ level

Posted by selesa2020 > 2021-07-04 22:04 | Report Abuse

https://www.washingtonpost.com/world/2021/07/01/coronavirus-latest-updates/

Posted by IMwhatIM > 2021-07-05 10:29 | Report Abuse

The mgt of Comfort issued the.convertible warrants with the aim of raising abt RM400 million to finance their expansion plan. RM2.30 + 1 WB = 1 new Comfort mother share. The warrant owners with the right frame of mind are not likely to convert the WB to mother share unless the mother share price is above RM2.30. Because it is cheaper to buy rhe mother share which is now only RM1.96. I strongly believe the mgt will push up the mother share price above RM2.30 soon after the listing of WB.

So today is the last day to buy the mother share at an attractive price.

All the best, brothers and sisters in Bursa.

Posted by Chang206 > 2021-07-05 17:28 | Report Abuse

Has anyone received his/her Comfort warrants? Warrant suppose to be issued on 29 June. I have not received mine. The warrants will be listed tomorrow (6 July).

Posted by thlim123 > 2021-07-05 17:33 | Report Abuse

I thought. Tomororow will refer reflected in our trading account?

Posted by Foogo90 > 2021-07-05 18:02 | Report Abuse

When will reflect in rakuten? And price of WB listing,?

Posted by 5c0160 > 2021-07-05 20:37 | Report Abuse

Hopeless counter. Mother only 1.91, exvercise p 2.30. Tmr warrant listed not worth anything at all.

Posted by Loh Kok Wai W > 2021-07-05 21:12 | Report Abuse

Don;t Imagine glove counters like last year Bull counter anymore....there is pass already.

Posted by IMwhatIM > 2021-07-06 08:41 | Report Abuse

Wow! Comfort WB likely to trade at 30 cents each at the opening bell this morning.

Posted by Dannyfyl88 > 2021-07-06 09:07 | Report Abuse

30c WB… wow… just wait for mother to go to 2.3 and see…

Posted by Start_0f_the_bull > 2021-07-06 09:24 | Report Abuse

WB trading at 30.5c but mother share 193c? But conversion price is 230c.

Posted by KarmaPrince > 2021-07-06 09:29 | Report Abuse

Anyone can explain why the reference price is fixed at half-a-cent ?

Posted by Start_0f_the_bull > 2021-07-06 09:33 | Report Abuse

Who is collecting at 30.5c?

Posted by Enternow > 2021-07-06 09:43 | Report Abuse

Hi! What is the meaning of conversion price 230c. How much to pay and when is the due date? Tq

Posted by BrusaCasino > 2021-07-06 09:45 | Report Abuse

When the time comes for expire of the contract, u need to pay rm2.3 per warrent to convert it to mother share.

Posted by Start_0f_the_bull > 2021-07-06 09:46 | Report Abuse

Enternow you can refer the WB profile to find out. The details are there.

Posted by BrusaCasino > 2021-07-06 09:46 | Report Abuse

If warrent expire below 2.3, then technically it's not worth because u can buy the mother share cheaper than converting the warrant

Posted by BrusaCasino > 2021-07-06 09:50 | Report Abuse

Expires in 2026, so 5 years time will be the exercise of the contract.

Posted by Start_0f_the_bull > 2021-07-06 09:56 | Report Abuse

If someone bought the warrant at 30.5c that means he is actually paying RM2.605 (RM2.30 + RM0.305) if he convert the warrant to an ordinary share within 5 years starting from today.