Posted by True > 2021-01-26 09:44 | Report Abuse

Better push below 10 so i can buy some . Billion earning company . So scare what ？ haha

Posted by LossAversion > 2021-01-26 09:45 | Report Abuse

@True - if you believe in TRUE VALUE, why push to RM10. Just buy now!!!

Posted by True > 2021-01-26 09:50 | Report Abuse

I got harta few years d la . nvr sell even up and down .

Posted by amateurJR > 2021-01-26 09:50 | Report Abuse

Sozai glove lover goldenharvest appears today. Where is sozai glove hater gemfinder today?

Posted by True > 2021-01-26 09:51 | Report Abuse

And last year bought some to add in my portpolio d . Now if below 10 plan to add more

Posted by True > 2021-01-26 09:52 | Report Abuse

I not like those investor run here and there . Stay at home

Posted by BALANCE_VIEW > 2021-01-26 09:59 | Report Abuse

I saw obituary at Nirvana. Just check out, it should be that guy!!



amateurJR Sozai glove lover goldenharvest appears today. Where is sozai glove hater gemfinder today?
26/01/2021 9:50 AM

Posted by Jumpman > 2021-01-26 10:00 | Report Abuse

Why do people think that not extending the MCO will bring down the business of Glove company ?
and why do people think that with MCO, it would help the glove business?
I just cannot understand

Posted by True > 2021-01-26 10:05 | Report Abuse

@Jumpman that thinking of trader . But glove company show growth over years by years . Sum even said glove is sunset industry . That means they nvr understand glove company . Fundamental always speak the truth no matter what .

Posted by Snowpiercer > 2021-01-26 10:08 | Report Abuse

when will it be RM20.......sighhh

Posted by Snowpiercer > 2021-01-26 10:12 | Report Abuse

pathetic dividend

Posted by True > 2021-01-26 10:13 | Report Abuse

If can hold just hold , cant hold just sell . Simple as that . No right or wrong because it is your money . Some even talk bad about glove company without knowing them well

Posted by songjoseph > 2021-01-26 10:14 | Report Abuse

very wise and good statement..

Posted by Squirtle > 2021-01-26 10:16 | Report Abuse

Haiya those who is hater
Malaisa market is liddat
issit first time play share

Posted by Jumpman > 2021-01-26 10:17 | Report Abuse

@True I agreed with you.

Posted by aspenvit > 2021-01-26 10:18 | Report Abuse

Those with software, check deviation expert for glove counters.

Posted by True > 2021-01-26 10:27 | Report Abuse

@President just be patient ok . No need to stress so much in share market ！Life must be happy

Posted by whenarmada > 2021-01-26 10:29 | Report Abuse

it is really a pain to see a good fundamental stock to drop from RM20 till RM12. and it looks like the drop shall continue. the company was doing well in last QR, but share price just doesnt go up. i wonder what kind of other news can drive it up, i hope not a new pandemic in 2030.

Posted by Snowpiercer > 2021-01-26 10:29 | Report Abuse

Even though they tried to assure market that demand will continue to be strong .......... i think it doesn't pain the whole picture..... this is a low value manufacturing.....and not being overly pantang, making money out of a pandemic....

Posted by aspenvit > 2021-01-26 10:31 | Report Abuse

Only gloves will shine in such a lousy market.

Posted by noobinvestor98 > 2021-01-26 10:36 | Report Abuse

Bursa the casino mah, wat do u expect?

Posted by True > 2021-01-26 10:36 | Report Abuse

@whenarmada Nvr guess the market or predict how it goes,we nvr know .. just enjoy ur life without worry so much . If keep on worry up and down , you wont be happy .. Also nvr use emergency capital to invest because tis will make you stress .

Posted by ttluck > 2021-01-26 10:37 | Report Abuse

why glove x boleh shoot up anymore..we r talking earning billions.....compare to tech stock like MPI ored cecah >rm30 liao lor...apa dah jadi...siapa boleh advise...

Posted by Morpheus61 > 2021-01-26 10:40 | Report Abuse

THE BLOO*Y MALAYSIAN IB'S DON'T LIVE IN THIS WORLD ANYMORE.

WISH I COULD GET MY HANDS ON SOME OF THEM. BAST***S

Posted by LaoTzeAhSir > 2021-01-26 10:52 | Report Abuse

only in Malaysia, rigged game, manipulative big guys like institutions. profit 1b lose to those negative earnings one. shameful bourse bursa

Posted by Snowpiercer > 2021-01-26 11:00 | Report Abuse

market is forward looking..... Dow Jones record high too while half a million dead in US

Posted by gemfinder > 2021-01-26 11:09 | Report Abuse

profit 10b oso no use... KIKIKIKI

Posted by drago_7 > 2021-01-26 11:10 | Report Abuse

See I told you ... :D

After announce QR sure will drop one... hahahahahaha

Posted by ChaseBros > 2021-01-26 11:21 | Report Abuse

No of shares : 3.428 billion

Q1 2021 PAT : RM219M
Q2 2021 PAT : RM545M
Q3 2021 PAT : RM1,001M
Q4 2021 PAT : RM1,600M (+30% hike-up on previous quarter revenue), Jan 01 - Mar 31 2021

Estimated Total Profit for FY2021 is RM3,365M, thus EPS is RM0.98

3 Years Historical P/E Avg (50.83), thus fair price is RM49.81
5 Years Historical P/E Avg (43.58), thus fair price is RM42.71
10 Years Historical P/E Avg (31.62), thus fair price is RM30.99
All time Historical P/E Avg (27.69), thus fair price is RM27.14

NOTE : The above is projection for FY21 or Apr 1 2020 to Mar 31 2021, not the entire year of 2021.

If for the entire year of 2021, assuming the ASP plateau from Apr onwards (which is more conservative than JPM which estimate from Jul onwards), while disregarding additional capacity coming online from Plant No.7. The projected earnings are as follows :-

Q4 FY21 >>> Jan 1 - Mar 31 2021 : RM1,600M
Q1 FY22 >>> Apr 1 - Jun 30 2021 : RM1,600M
Q2 FY22 >>> Jul 1 - Sep 30 2021 : RM1,600M
Q3 FY22 >>> Oct 1 - Dec 31 2021 : RM1,600M

Estimated Total Profit for Year 2021 (not FY21) is RM6,400M, thus EPS is RM1.87

3 Years Historical P/E Avg (50.83), thus fair price is RM95.05
5 Years Historical P/E Avg (43.58), thus fair price is RM81.50
10 Years Historical P/E Avg (31.62), thus fair price is RM59.13
All time Historical P/E Avg (27.69), thus fair price is RM51.78

Even if discounted at 50% based upon all time historical P/E average of 27.69, it would translate to RM25.89. Let's wait for the big fund to jump-in in due time.

Posted by caesarlcy > 2021-01-26 11:23 | Report Abuse

glove counter just keep for long term not today buy today sell. I believe keep for long term can make good profit.

Posted by CynicalCyan > 2021-01-26 11:30 | Report Abuse

Henry now has RM2 billion in cash. Will Henry use millions to invest in more of his own shares like his friend Tim? Or will Henry keep the cash wisely?

Posted by ChaseBros > 2021-01-26 11:36 | Report Abuse

Just FYI, JPM estimated RM2.9B PAT in FY21 (which is not far off compared to above RM3.365B), while TA Securities estimated RM3.56M.

But JPM estimated RM1.62B PAT in FY22 (which is completely off the trajectory as compared to above conservative estimation of RM6.4B assuming ASP plateau from Apr 2021 and disregarding additional capacity from Plant No.7), while Maybank estimated RM6B.

So just to let you know where JPM derive its target price and whether their assumption is right or not. Existing customer on fixed volume allocation already booked up to 12 months, and how did JPM come up with RM1.62B, if next quarter alone already seeing RM1.6B, while ASP is still going up (not even plateau, not to mention when it will come down).

NOTE : Hartalega ASP is still around half of that of other manufacturers.

Posted by ILoveGloves > 2021-01-26 11:38 | Report Abuse

After last friday rally. Today is T+2 contra. Gloves are much undervalued, prepare your bullets to buy after 12pm. Smart investors now are slowly prepare for THKS. Be optimistic.

Posted by BALANCE_VIEW > 2021-01-26 11:38 | Report Abuse

Just give out some special dividend from the RM2bil.

Why have to be so bldy stingy ! Everyone , include yourselves as major shareholders also get proportionately!

Even if need fund fom CAPEX, just borrow from banks. Interest rate is cheap now.

Where is the simple capital management rule?

Posted by GoodBoy > 2021-01-26 12:31 | Report Abuse

RSS sold volumes for today from 9:00 am to 12:30 pm ... Kossan 0 shares, Hartalega 198,100 shares, SuperMax 57,400 shares, TopGlove 3,010,000 shares ...

Posted by gemfinder > 2021-01-26 12:48 | Report Abuse

mpi eps easily more than 40 sen. harta only eps29sen.. wan to compare lagi ka

Posted by gemfinder > 2021-01-26 12:50 | Report Abuse

earning 1b only give 9sen dividen? coe on la. bat earn 58 milion oso gave 29sen div one quarter

Posted by Mkt_watcher > 2021-01-26 12:56 | Report Abuse

@BALANCE_VIEW
I was thinking the same thing..the dividend is too low (I realise it's for 1 qtr, but still..)
Rm 1b profit for 1 qtr, your expansion already underway (and funds should be already allocated), sitting on rm2b cash..and you pay out a miserly 9 sen as dividend? What a joke.

As a long term investor, most people don't mind holding a stock that's not going up much in price, but when the co. is earning super-normal profits, you should share some of that with the shareholders.
No need to be so stingy.

If the dividend was higher the share price may not have dropped so much, or maybe even might have gone up..as the short sellers would think twice about shorting, because the ex-date is near (and they have to pay the lenders the div amount)
Anyway, just my opinion..

Posted by ChaseBros > 2021-01-26 13:00 | Report Abuse

BAT has been on a downtrend from 2014 at the high of equivalent to RM74 to today RM13. MPI P/E is pretty high already. Go and invest in your high dividend BAT stock and MPI, come back after 6 months and tell us how much your earn.

Posted by MoneyAndHoney > 2021-01-26 13:20 | Report Abuse

Oh dear

Posted by MoneyAndHoney > 2021-01-26 13:20 | Report Abuse

Habis la itu Sinovac vaccine

Posted by MoneyAndHoney > 2021-01-26 13:21 | Report Abuse

Sinovac vaccine disappointing to Brazil, only 50.4% effective

https://asia.nikkei.com/Spotlight/Coronavirus/Sinovac-vaccine-disappoints-at-50.4-efficacy-latest-Brazil-data

Posted by MoneyAndHoney > 2021-01-26 13:21 | Report Abuse

So disappointing

Posted by MoneyAndHoney > 2021-01-26 13:21 | Report Abuse

Habis finished selesai kaput

Posted by hkimbrs > 2021-01-26 13:34 | Report Abuse

Apa cerita?

Posted by LaoTzeAhSir > 2021-01-26 13:38 | Report Abuse

Malaysia has the worst retailers and bourse, no surprise

Posted by 5c0160 > 2021-01-26 13:47 | Report Abuse

Huge profit for QR share p drop like shit. LOL

Posted by Snowpiercer > 2021-01-26 13:48 | Report Abuse

Need to be much more generous with dividend.....30% of EPS is way too low with a yield of 0.62%...unless they know difficult time is going to come .....need to conserve cash......glove is low capex...no R&D sector

Posted by jamestecs > 2021-01-26 13:48 | Report Abuse

The volatile fall is slowing down compare to last time, it is a good sign. The price is starting to stabilize.

Posted by mf > 2021-01-26 14:16 | Report Abuse

Stock futures down slightly ahead of busy day