Posted by Pgraduate123 > 2020-12-29 12:39 | Report Abuse

Afternoon feeling Tak Lega, so Limit Down loh

Posted by wiserwiser > 2020-12-29 14:38 | Report Abuse

Useless man...instead of staying home play stock market...go find a real job & get a life

Posted by Pgraduate123 > 2020-12-29 15:12 | Report Abuse

I wonder if ol man ky got harta taklega or lega.
The behaviour seems like margin call

Posted by gloveharicut > 2020-12-29 15:22 | Report Abuse

https://klse.i3investor.com/blogs/gloveharicut/2020-12-29-story-h1538432965-No_year_end_party_for_GLOVEs_bulls.jsp

Posted by WeLoveSarawak > 2020-12-29 15:44 | Report Abuse

chart looks similar to end of June now...i wonder if it will bounce back strongly like it did...
wait for 1st week of 2021 and we will see if it happens..

Posted by gloveharicut > 2020-12-29 15:53 | Report Abuse

kawan kawan please submit your stock pick with GLOVEs to show the world the power of GLOVEs https://klse.i3investor.com/blogs/stock_pick_2021/2020-12-25-story-h1538374211-Stock_Pick_Contest_Year_2021_How_it_works_PLEASE_READ_THIS_POST_SUBMIT_.jsp

Posted by supersinginvestor > 2020-12-29 16:21 | Report Abuse

Aiyoyo

Posted by Pgraduate123 > 2020-12-29 16:36 | Report Abuse

Have yourself a Merry Little Christmas too. Bye Santa!

Posted by kd88 > 2020-12-29 23:17 |

Post removed.Why?

Posted by barbieglove > 2020-12-30 08:03 |

Post removed.Why?

Posted by Keyman188 > 2020-12-30 08:42 | Report Abuse

OMG...Topglove suspended .............

Posted by kd88 > 2020-12-30 10:34 |

Post removed.Why?

Posted by LaoTzeAhSir > 2020-12-30 10:41 | Report Abuse

yeah look at AT price performance today. your iQ and desperate made me laughed so hard kd88

Posted by kd88 > 2020-12-30 13:31 |

Post removed.Why?

Posted by LaoTzeAhSir > 2020-12-30 14:51 | Report Abuse

conman conman kd88.

Posted by WeLoveSarawak > 2020-12-30 16:50 | Report Abuse

Monday 4th January 2021 will start to move up strongly...just like what happened in End of June 2020...this is my expectation..

Posted by stockraider > 2020-12-30 17:20 | Report Abuse

U all please get it right loh...!!

The biggest threat to Gloves are not vaccines but overcapacity & over production of gloves on the way mah....!!


Posted by Keyman188 > Dec 30, 2020 5:11 PM | Report Abuse

AstraZeneca-Oxford Covid Vaccine Gains First Clearance With U.K. Nod

(December 30, 2020, 3:06 PM GMT+8 Updated on December 30, 2020, 4:08 PM GMT+8)

~ Vaccinations to start in new year as cases rise across Britain

~ Recipients to get second shot within 12 weeks of first one


AstraZeneca Plc and the University of Oxford’s Covid-19 vaccine won U.K. clearance, marking the first approval worldwide for a shot that’s faced questions but will be key to mass immunizations.

The vaccine will be prioritized for the country’s most vulnerable groups, with shots starting Monday, according to the government. It’s the second coronavirus injection to be cleared for emergency use in the U.K. after Pfizer Inc. and BioNTech SE’s in early December.

The move will help the U.K. ramp up vaccination and provides vindication for the homegrown shot, which has drawn scrutiny over discrepancies in its clinical-trial results. The shot can be deployed swiftly because it’s easier to transport and store than the Pfizer-BioNTech one, requiring only refrigerator temperatures rather than deep freezing. The U.K. has bought 100 million doses.

A first dose of the AstraZeneca-Oxford vaccine will be given to as many people as possible, followed by a second shot four to 12 weeks later. A government advisory group said the priority should be to vaccinate large numbers as quickly as possible rather than completing a two-dose regimen right away.

AstraZeneca shares rose as much as 1.8% early Wednesday in London.

The approval comes as the U.K. seals its divorce from the European Union with a trade deal and tightens lockdowns amid a new surge on coronavirus infections that’s straining hospitals. The U.K. reported a record number of fresh daily Covid cases Tuesday, as a new variant of the pathogen raises concern globally.

The country’s vaccination program has advanced quickly, with more than 600,000 people given shots by Christmas. The U.S. is immunizing an average of only 200,000 people a day, with many states having used just a small percentage of the shipments sent to them this month.

“We will start to get ahead of the pandemic, protect health and economies when the vulnerable are vaccinated everywhere,” said Andrew Pollard, Oxford’s lead investigator for the vaccine.

When patients were given two full shots, the vaccine was 62% effective -- less than the Pfizer-BioNTech shot and another from Moderna Inc. A group that accidentally received half of the first dose showed better protection, with efficacy reaching 90%. But participants were 55 years old or less, and because older people who are most at risk of severe Covid-19 often show more sluggish immune responses, the results leave some doubt as to whether the efficacy will stand up to further testing.

Posted by kd88 > 2020-12-30 18:33 | Report Abuse

Sell your Top glove, harta, Supermax, kossan, care plus, comfort and rubberex.

Buy mah sing and AT.

Two most solid new glove company.

#Mah Sing
#AT
# sell harta

Posted by Seeyounoup > 2020-12-30 23:04 | Report Abuse

Swiss person dies after COVID-19 vaccination: Officials
https://www.channelnewsasia.com/news/world/covid-19-vaccine-pfizer-swiss-dies-coronavirus-13866818

Posted by CakapSohaiThings > 2020-12-31 10:07 |

Post removed.Why?

Posted by stockraider > 2020-12-31 10:19 |

Post removed.Why?

Posted by noobinvestor98 > 2020-12-31 10:22 | Report Abuse

@stockraider
Please stop promoting INSAS here. It's fxcking annoying.

Posted by supersinginvestor > 2020-12-31 10:34 | Report Abuse

https://www.cnbc.com/2020/12/30/covid-vaccine-oxford-researcher-says-future-strains-can-be-protected-against.html

Posted by stockraider > 2020-12-31 11:34 | Report Abuse

Very fair & intelligent opinion loh...!!

Posted by drkelvin20 > Dec 31, 2020 11:28 AM | Report Abuse

just some neutral opinion, my own opinion, you can ignore if you do not agree:

The glove counters currently are still way too pricey compared to PreCovid level, it is a crystal clear and rock solid that the glove counters do not have that kind of sustainable profit/revenue to support even the current depreciating share price...The gloves selling prices are still high at the moment, if you know how the industry business and marketing operate, or just talk to someone in this industry you will know the glove selling price will be back to normal, or some higher than PreCovid level. But definately selling price cannot remain at this level.

In my opinion, there is a lot of downside for supermx and top glove, and other glove counter. considering 1:1 bonus share issue and 1:2 bonus share issue, and even consider a slighty higher glove selling price than PreCovid level, I would consider a good buy for supermx at ~rm 2, and top glove around ~rm3.

Mayb some of you may laugh off this low target price and think it is too far off from current share price. BUt if you recall supermx was rm 9++, top glove was rm 9++ after bonus share issuance, now dropped to rm 6+ respectively, then further drop can happen slowly.

The fact that 2020 Financial year super bull profits for glove counters, it will present a high pressure to the glove companies to sustain the super bull profit after the pandemic is getting over. Say, the financial quarter at the end of 2021, or beginning of 2022. These year end 2021 and early 2022 on wards, financial report, when compared to 2020 whole year revenue and profit. It will be inevitable that the performance will show a huge drop. and by then, in my opinion, the glove counters will drop to thier sustainable. And only then, for me, it is a very good buy, especially top glove with high CAGR all these years.

Posted by CakapSohaiThings > 2020-12-31 13:07 |

Post removed.Why?

Posted by supersinginvestor > 2020-12-31 13:38 | Report Abuse

Aiyoyo

Posted by whenarmada > 2020-12-31 15:47 | Report Abuse

I feel sad for those invested in this counter at the high price. The reality is, this counter is not going to perform beyond 2021. No investor will invest in this counter when knowing after 2021, profit will drop massively. looking at the share price and news record, small investors are really tricked into buying this counter at the high price while the Bigboys are dumping the shares to them. giving false news, unfounded potential profit, share buy back all these news etc, I hope everyone learns a lesson, an expensive lesson, unless there is another new covid emerges, otherwise, no chance to go back to RM20.

Posted by Pgraduate123 > 2020-12-31 17:12 | Report Abuse

Many entered RM18 also cia lat already, not need rm20

Posted by godofstock > 2020-12-31 17:15 | Report Abuse

next month will drop below RM10 for sure

Posted by maimunah > 2020-12-31 17:21 | Report Abuse

These are the top gainers and losers on Bursa in 2020
KUALA LUMPUR (Dec 31): Although the battle with Covid-19 pandemic is still ongoing, Bursa Malaysia certainly has good reasons to celebrate the year 2020.
Firstly, the local market has outperformed its neighbouring bourses with its benchmark index ending the year in the positive zone, except for Vietnam. The FBM KLCI gained 3.5% year-to-date (YTD) to reach 1,644.41 points on Dec 30, while Vietnam's VNINDEX has climbed 14.2% YTD. It is worth noting that the FBM KLCI had declined for two consecutive years since 2017.
In contrast, Singapore's Straits Times Index dropped 11% YTD, followed by the Philippines' PSE Composite Index -8.6%, Thailand's SET Index -8.3%, and Indonesia's Jakarta Composite Index -5.1%.Share prices went higher in the broader market, as reflected by the bigger gains on Bursa Malaysia Small Cap Index, which went up 10.09%, while FTSE Bursa Malaysia ACE Index, which exceeded the 10,000 mark, has soared 103.5% YTD.
The market capitalisation of all listed entities has ballooned as much as RM104.74 billion against end-2019's, according to Bloomberg data.Secondly, the stock exchange should also cheer for the return of retail investors who have been absent for over a decade, if not longer. Given the surge in retail interest, the exchange's daily trading volume ballooned to an all-time high of 27.8 billion in August compared with last year's high of 2.51 billion shares.
Bursa's total trading volume swelled to 1.81 trillion as at Dec 30, nearly triple of 2019's annual volume of 613.59 billion. This speaks well for Bursa Malaysia Bhd's earnings.

Posted by maimunah > 2020-12-31 17:25 | Report Abuse

Super big cap (market cap of more than RM10 billion)
There are 37 companies in this category. Supermax Corp Bhd and Kossan Rubber Industries Bhd were not in this category last year. Likewise, so was not the newly listed Mr DIY Group (M) Bhd.
The top four best performers are the big four rubber glove makers, namely Supermax (+802% YTD), Top Glove Corp Bhd (+291% YTD), Kossan (+130% YTD) and Hartalega Holdings Bhd (+120% YTD). They would have recorded higher gains this year if it were not for the news about the roll-out of Covid-19 vaccines most recently.
They have collectively gained RM79.42 billion worth of market cap, which is equivalent to 76% of the total market cap increases from all the stocks listed on Bursa Malaysia.
Mr DIY shot up some 98% in less than two months against its initial public offering price of RM1.60 to close at RM3.17. Press Metal Aluminium Holdings Bhd is another star performer with 81.7% gain to close at RM8.50 amid the soaring aluminium price in the international metal market.
Among the banks, Public Bank Bhd, which recently proposed a four-for-one bonus issue, has recouped all its losses in the first quarter of 2020. The banking stock increased 6.4% YTD to close at RM20.70. Public Bank's comeback is noteworthy especially since it fell to the low of RM12.66 this year in March.
The other bank that recorded gains this year was Hong Leong Bank Bhd (+7.4%).
Top losers were companies that were affected by the lockdown and cross-border travel restrictions due to Covid-19, particularly tourism-related firms. Genting Bhd fell by 25% YTD and Genting Malaysia Bhd (-17.3%).
National utility giant Tenaga Nasional Bhd was the second top laggard, which was down by 21% amid concerns over rising unpaid electricity bills and slowdown in power consumption.

Posted by maimunah > 2020-12-31 17:25 | Report Abuse

Big cap (RM 1 billion to RM10 billion)
For the big cap space, office furniture manufacturer Euro Holdings Bhd leads the gainers and is up 5,064% YTD to close at RM2.88 from a mere 5.5 sen. This company, whose share price had never gone past 15 sen since its IPO in 2005 up until end-March this year, saw the emergence of a new largest shareholder SPA Furniture (M) Sdn Bhd in February this year.
This is followed by rubber glove makers Careplus Group Bhd (+1,213%), Rubberex Corp (M) Bhd (+672%) and Comfort Gloves Bhd (+282%).
In line with the technology sector's rally, semiconductor-related firm UWC Bhd grew by 365% to close at RM9.90, while Greatech Technology Bhd rose 278% and JF Technology Bhd was up 216%.
Other semiconductor-related firms that have chalked up handsome gains include Unisem (M) Bhd (+178%), Malaysian Pacific Industries Bhd (+116%), Mi Technovation Bhd (+107%), ViTrox Corp Bhd (+87%), Pentamaster Corp Bhd (+66%), and Inari Amertron Bhd (+63%).
Pharmaceutical companies Duopharma Biotech Bhd and Pharmaniaga Bhd also saw stellar growth of 143% and 144% respectively.
Oil and gas (O&G) counters dominate the top losers list, namely Velesto Energy Bhd (-63.2%), Sapura Energy Bhd (-53.7%), and Dayang Enterprise Holdings Bhd (-52.2%).
This is in contrast with crude oil refiners Hengyuan Refining Co Bhd which climbed 33.6% and Petron Malaysia Refining and Marketing Bhd, which is up 2.19%.

Posted by maimunah > 2020-12-31 17:26 | Report Abuse

Mid cap (RM500 million to RM1 billion)
In 2020, companies' share prices could just soar by announcing their plans to hop on the vaccine distribution bandwagon. Share prices of 15 companies under this segment have more than doubled.
Other notable counters are GETS Global Bhd (+1,181% YTD), a loss-making bus operator which has ventured into the rubber glove business, and Hong Seng Consolidated Bhd (+692% YTD), also a new entrant to the rubber glove manufacturing industry. Meanwhile, HLT Global Bhd, which specialises in producing glove dipping lines for manufacturers, grew by 522%.
AT Systematization Bhd, which is likely the most traded stock of 2020 with daily trading volume exceeding one billion shares, gained 363%, has also thrown its hat into the rubber glove ring.
Top losers in this category are also O&G firms, namely Malaysia Marine and Heavy Engineering Holdings Bhd (-48%) and KNM Group Bhd (-44%).

Posted by maimunah > 2020-12-31 17:26 | Report Abuse

Small cap (below RM500 million)
A similar trend was spotted among the small caps. INIX Technologies Holdings Bhd (+500% YTD), which is in the midst of setting up a rubber glove manufacturing plant, is the top gainer in this category.
Solution Group Bhd, which has announced vaccine-related ventures, tops the list and grew by 1,132% YTD. Likewise, Bintai Kinden Corp Bhd and Ho Wah Genting Bhd grew by 435% and 495% respectively.
Other notable companies that have announced healthcare-related ventures are MQ Technology Bhd (+460%), which has announced its venture into the manufacturing of personal protective equipment, and LKL International Bhd (+567%), which has been awarded a glove supply contract by a China-based company.
Vivocom Intl Holdings Bhd, which intends to acquire property development assets from its major shareholder, shot up by 463%.

Posted by maimunah > 2020-12-31 17:26 | Report Abuse

Rubber glove makers, semiconductor-related counters and vaccine distributors — these are the main theme plays in 2020.

Posted by godofstock > 2020-12-31 17:35 | Report Abuse

大势已去

Posted by yangkwang99 > 2021-01-01 05:24 | Report Abuse

2020 highlight news is covid19. Now 2021 is here , the news highlight is still covid19 with record breaking cases! Glove counters will reign supreme! Excellent profits ahead! The human behavior will weaken and delay the use of vaccine. Realistically no solution!!! Market forces be real! Your action to depress price of glove counters are nothing more than pure manipulation! It will be short live! Hell with you!!!!
Good profit is the real catalyst what true investors look for! Cheers! Be invested!

Posted by RakuRHBCIMB > 2021-01-01 19:57 | Report Abuse

1) SARS (2003)
H1N1 (2009 )
MERS (2012)
EBOLA (2014)
ZIKA (2016)
COVID-19( 2020)
NEXT VIRUS (20??)
Every few years, new and more deadly viruses will emerged. Glove is a safe long term bet

2) Heard immunity need to achieve for covid-19 vaccine to work is 60% of the world population which turn up to be about 4.7 billion people. How long time is needed to produce such a massive amount of vaccine and vaccinate such a massive amount of population? This will be the world largest vaccination effort in the history.

3)Vaccine nationalism
-most of the vaccine that are highly effective now are produced by rich nations which they have invested billions of dollar in it. The vaccine will be given to their country first and then to other rich countries next. Poorer country will be the last to receive the vaccine. This will delay they global vaccination programme

4)Margma 2018 source:Glove consumption per capita range from USA (150), Europe (100), Brazil (24), korea (48), Japan (54), India (4), Indonesia (2) , China (6). With the heightened awareness toward hygenic, there is still ample room for growth of glove consumption in many countries post pandemic.

5) New glove players-likely to fail due to economy of scale and user confidence. As an analog, if u feel safe using Durex as an condom, suddenly there is one company by the name Proton say want to produce the condom, will you dare to use that condom?

Posted by Keyman188 > 2021-01-02 12:51 | Report Abuse

Why RakuRHBCIMB is here to disturb your neighbour ???...


Aiya come back to Top Glove forum continue to chat lahhh....


Why you run away to other forum ???




Posted by RakuRHBCIMB > Jan 1, 2021 7:57 PM | Report Abuse

1) SARS (2003)
H1N1 (2009 )
MERS (2012)
EBOLA (2014)
ZIKA (2016)
COVID-19( 2020)
NEXT VIRUS (20??)
Every few years, new and more deadly viruses will emerged. Glove is a safe long term bet

Posted by FortuneBlooming > 2021-01-02 15:45 | Report Abuse

Glove makers set for strong earnings run in 2021

https://www.thestar.com.my/business/business-news/2021/01/02/glove-makers-in-for-a-good-run-this-year

Posted by FortuneBlooming > 2021-01-02 15:48 | Report Abuse

Just TopGlove alone gonna be making full year profit RM13+ bil

Posted by Lewis Lee > 2021-01-03 11:30 | Report Abuse

Just read most analysts' stock pick, most of them will choose Harta if they want to invest in Glove sector !
One analyst put it :- Harta is like the gold standard amongst all glove makers !!

Like me sum up this way for those newbees or novices in glove sector :-
Harta - Rolls-royce , Bentley class
Kossan - Mercedes, BMW class
Top Glove & Supermax - Honda Accord, Toyota Camry class (that's why so many people own it )
Comfort, Rubberex, Careplus, Mahsing - Proton, Myvy class
All the new comers eg AT, Talk-cock companies - Honda Cub class

Posted by pertamina > 2021-01-03 19:22 | Report Abuse

Harta amg gloves don't know when to get approved by fda.

Posted by emc2garylow > 2021-01-03 22:02 | Report Abuse

https://m.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=7148&section=announcement

Posted by CakapSohaiThings > 2021-01-04 08:40 |

Post removed.Why?

Posted by CakapSohaiThings > 2021-01-04 09:23 |

Post removed.Why?

Posted by whenarmada > 2021-01-04 09:35 | Report Abuse

it is really a big trap.

Posted by goldenluck16 > 2021-01-04 09:42 | Report Abuse

Already forewarned you all the IBs will come out in full force once RSS is lifted.

Posted by dompeilee > 2021-01-04 10:24 | Report Abuse

Gloves...KYY...hehehe!

Posted by Pgraduate123 > 2021-01-04 10:31 | Report Abuse

Never underestimate IBs, zeus n kraken indeed.