Posted by Justin Tan > 2022-04-03 17:23 | Report Abuse

XE Variant: New COVID Strain May be More Contagious Than BA.2 Subvariant, WHO Says

The more contagious omicron subvariant BA.2 has become the dominant COVID-19 strain in the U.S., but international health experts are putting an increased focus on a new hybrid variant that may even be more infectious.

The XE variant is a recombinant, meaning it is comprised of genetic material from two other strains, which in this case are BA.1, the original strain of omicron, and BA.2, known as "stealth omicron."

According to an epidemiological update published March 29 by the World Health Organization, estimates show XE is 10% more transmissible than BA.2, however the findings require further confirmation.

https://www.nbcchicago.com/news/local/xe-variant-new-covid-strain-may-be-more-contagious-than-omicron-who-says/2797693/

Posted by apple168 > 2022-04-03 18:38 | Report Abuse

New strains of COVID may bring up the usage of gloves, hence profits! Hoot9e!

Posted by PencilLoon > 2022-04-04 11:37 | Report Abuse

Among top 4 glovemakers. Which is best for what? What is your weighted holdings among them?

Posted by Anxious > 2022-04-04 16:09 | Report Abuse

Seems to be consistent buying by EPF last week for whatever that is worth. Of course, it would be good if there is institutional support.

Probably too early for an uptrend ie higher highs and higher lows?

Anyway, hope it closes positive today or at least above RM5.00.

Posted by apple168 > 2022-04-05 13:44 | Report Abuse

Go go go harta!

Posted by HK_Trust > 2022-04-05 15:38 | Report Abuse

China Suzhou broad area locked down, the next area nearby soon

Posted by Anxious > 2022-04-06 15:36 | Report Abuse

Really struggling to stay above RM5.00. Will I guess better than where we were in March.

Posted by bang_miskin > 2022-04-06 15:46 | Report Abuse

@Anxious most IB analyst forecast gloves to be neutral. While glove counters are cheap, I don't expect price to move up anytime soon. We just have to rely on decent QR results or other external factors to push price up. My glove counters are safely tuck in the freezer, paying more attention to other industries.

Posted by YourQuirkyWays29 > 2022-04-07 10:56 | Report Abuse

@Anxious, bang_miskin is bang on. Just hang on to gloves for now and come back on major macro changes. There are other beat down industry which could be possible to find stocks with promising prospects. Good luck!

Though if it reaches near rm4 again, I would at least have some money to average down for now LOL.

Posted by HK_Trust > 2022-04-07 13:27 | Report Abuse

wait

Posted by value_seeker > 2022-04-07 14:43 | Report Abuse

Short apple168

Posted by HK_Trust > 2022-04-07 14:56 | Report Abuse

Taiwan fellow news, this time Covid will be more worsen then previous

Posted by HK_Trust > 2022-04-08 11:07 | Report Abuse

RSS come more

Posted by apple168 > 2022-04-08 15:39 | Report Abuse

Harta, go go go!

Posted by apple168 > 2022-04-08 16:52 | Report Abuse

Embrace the NEW NORM — living with omicron XE! Gloves is the necessary for daily living!

Posted by Boyour > 2022-04-09 05:42 | Report Abuse

harta ll be consolidated in the range 4.50-5.00 for a long time unless euphoria in glove again

Posted by New_Investor92 > 2022-04-09 11:02 | Report Abuse

I wonder why harta able to declare good dividend money where as TopGlove doesn't reward like Harta

Posted by HK_Trust > 2022-04-11 14:06 | Report Abuse

China Suzhou, Guangzhou, Shanghai all manufacturing production stop

Posted by Mini2021 > 2022-04-11 15:31 | Report Abuse

People start to use hand , no more glove ...glove GG.... Use hand and wash with water ...

Posted by Anxious > 2022-04-11 17:58 | Report Abuse

Boyour, I think you are right. Its going to be stuck at these levels for some time. Just have to break the habit of looking at it.

Posted by YourQuirkyWays29 > 2022-04-13 11:30 | Report Abuse

@Anxious, go download any bursa stock app and set specific price alerts. That way, you don't have to check the price so frequently if it doesn't move to a price that demands your attention.

Posted by biscuitboy96 > 2022-04-14 01:22 | Report Abuse

Buy harta and increase my harta value.

Posted by winetime > 2022-04-15 16:16 | Report Abuse

But our harta drop, so ? Means that have to sell my harta to buy harta d... hahaha

Posted by ViWizard > 2022-04-20 12:28 | Report Abuse

wine time cheers

Posted by YourQuirkyWays29 > 2022-04-21 11:21 | Report Abuse

Bullets are ready, if the market over-reaacts to Cukai Makmur's effect that's supposedly already priced in.

Posted by HK_Trust > 2022-04-21 13:27 |

Post removed.Why?

Posted by bang_miskin > 2022-04-21 16:40 | Report Abuse

Harta's QR should come out in another two to three weeks time.
This week Shanghai is resuming production for several hundred companies. Unfortunately they will have to work and sleep in the same compound.

Posted by HK_Trust > 2022-04-22 08:43 |

Post removed.Why?

Posted by investmalaysia618 > 2022-04-22 11:20 | Report Abuse

usd 4.3 lo

Posted by lofan73 > 2022-04-25 11:02 | Report Abuse

sell harta, swap to fgv. i harta can buy 2 fgv. think again

Posted by mananghunter > 2022-04-25 11:57 | Report Abuse

My bullet is ready, do harta ?

Posted by Mini2021 > 2022-04-25 13:10 | Report Abuse

Harta go go go .....

Posted by YourQuirkyWays29 > 2022-04-25 14:07 | Report Abuse

The previous QR for Dec 2021 (Q3) was released only on 2nd week of Feb, I'm expecting the Q4 to be released after Raya holiday, if not later.

However, personally I'm a little bearish for the price movement after said QR as it is basically a compilation of the first 3 quarters plus a 4th quarter inclusive of cukai makmur, having doubts if Q4 can significantly outperform expectation.
But it is also not to the extent that I'm confident enough to sell now and buy back later. Hate to buy high sell low. Just ready bullet for reload to catch the drop, if any.

Posted by winetime > 2022-04-25 15:25 | Report Abuse

Demand will on turn strong soon ?

Posted by Anxious > 2022-04-25 18:19 | Report Abuse

I think its too late for bag holders like us to consider selling now. Worst case scenario , it goes down to RM3.50 but I doubt it will stay there very long. So for me I will hold on to my shares and wait for it to rebound. Someday, it will stop falling.

Posted by YourQuirkyWays29 > 2022-04-25 21:16 | Report Abuse

Someday, Anxious. And we shall remember each other when the day comes :)

Posted by HK_Wealth_Management > 2022-04-26 09:18 | Report Abuse

China Beijing Full Lockdown, 1.4 millions death toll estimated from China Government insider news

Posted by winetime > 2022-04-26 13:59 | Report Abuse

Harta and Kossan after goreng still can see la, so far better than supermax. Now is a challenging period. Watch and see see and do avg lo.

Posted by HK_Wealth_Management > 2022-04-26 15:47 | Report Abuse

Riverstone China wuxi whole production line stop due to Covid lockdown, estimation 2 month no production

Posted by HK_Wealth_Management > 2022-04-27 09:22 | Report Abuse

Riverstone or Ruberex call buy

Posted by HK_Wealth_Management > 2022-04-27 13:50 | Report Abuse

Most of the Europe country request resume natural gas supply from Russia in private as they can afford country daily operation without normal natural gas supply, Russia plan to increase military force to invade Ukraine recently without negotiation, Beijing full lock down confirm, all news from China insider govement.

Posted by HK_Wealth_Management > 2022-04-27 15:24 | Report Abuse

Acquisition of Ruberex price may be RM1

Posted by Anxious > 2022-04-28 12:45 | Report Abuse

results out tomorrow? hopefully bucks the trend this time

Posted by Anxious > 2022-04-28 17:42 | Report Abuse

Since last year, after every Quarterly Results, the share price just keeps on dropping.

I read somewhere that the results will be out tomorrow. Hopefully we don't test the 52 week low of RM4.15 next month.

Really tired of this endless SP dropping every quarter for a company that even in January last year was receiving so much praise.

Luckily, I dont need the money and am content to receive the dividends until it bounces back.

Any idea how much the dividend could be? Hopefully at least 10 sen but it could even be 5 sen?

With the benefit of hindsight, I probably should have cut loss long ago but at these prices, I believe there is more upside to downside, so I am still hanging on.

Surely it cant go to ZERO right, although dividend could.

Hopefully the selling stops and the SP finds some support soon as its truly depressing to see the SP to continue to slide.

Having said all that, I am not holding my breath.....

Posted by observatory > 2022-04-28 22:30 | Report Abuse

Intco Medical 1Q2022 results:
Revenue CNY2,288m
Core net profit attributable to owners CNY93m
EPS CNY0.15
Equity attributable to owners CNY15,958m


Based on above, 1Q22 net margin is 4%
Based on today closing price at CNY35.6, assume EPS is maintained at current level, PE = 35.6/ (0.15*4) = 59 times
Annualized ROE = 2.3%

http://www.szse.cn/disclosure/listed/bulletinDetail/index.html?17533122-5e25-4c32-9a4a-1eb4a587ac9d

Posted by observatory > 2022-04-28 22:34 | Report Abuse

Intco Medical 2021 results:
Revenue
1Q21 CNY6,735m
2Q21 CNY3,940m
3Q21 CNY2,972m
4Q21 CNY2,593m

Net Profit to Owner
1Q21 CNY3,736m
2Q21 CNY2,143m
3Q21 CNY1,064m
4Q21 CNY487m

Full year results:
http://www.szse.cn/disclosure/listed/bulletinDetail/index.html?17214293-13b3-4ff8-970a-cdb821d0a06d

Posted by LouiseS > 2022-04-28 23:20 | Report Abuse

大马四大手套生产商，哪一家最值得投资？
TOP GLOVE CORPORATION BHD
HARTALEGA HOLDINGS BHD
SUPERMAX CORPORATION BHD
KOSSAN RUBBER INDUSTRIES BHD
https://youtu.be/z3F3HTLXTlo

Posted by YourQuirkyWays29 > 2022-04-29 09:23 | Report Abuse

@Anxious, dividend is typically 60% of previous quarter's profit, if i recall correctly.

@Observatory, thanks for sharing IntCo result! The 1Q22 results looks stable when compared with 4Q21 imo, albeit a bit worse.

Posted by rl68 > 2022-04-29 10:01 | Report Abuse

@Observatory,always love to read your post. Tq. Rational and fact-based. Time well used..

Posted by YourQuirkyWays29 > 2022-04-29 10:31 | Report Abuse

@Ryan83 EPS was 7.58 for previous quarter, so we're looking at 3.8 ~ 4.2~ if the management wants to be consistent.