Posted by thestockoracle > 2020-09-02 15:27 | Report Abuse

My opinion for a high yield% is that stocks which are trading below 1 buck and has good fundamentals is always a preferred bet rather than stocks which are already valued by investors.

Posted by howtoclimb > 2020-09-02 15:34 | Report Abuse

Thank you the input thestockoracle! Your reasoning make sense especially the last part where you said less than 1 with good fundamentals. Hope the Q2 will be good.

Posted by thestockoracle > 2020-09-02 16:05 | Report Abuse

Yes as investors in this market volatile environment, it is prudent to buy stocks which are undervalued and have good profit fundamentals. Also do observe the trading volume of this stock. The higher the volume, the more hype it has and the faster it rises. As of today, the trading volume of all the gloves are relatively low but compare it with DNonce and Vizione, you will see that these stocks are primed for a shoot-up.

Posted by thestockoracle > 2020-09-02 17:28 | Report Abuse

Based on the stock momentum, once all the weak holders are flushed out...this stock will reach 0.80-0.90...should happen by this week...

Posted by Calvinharris > 2020-09-02 17:43 | Report Abuse

If not, need to keep.

Posted by SureWin1Woh > 2020-09-02 17:57 | Report Abuse

Why CEO disposed of one mil shares when he is privy to the QR?

Posted by thestockoracle > 2020-09-02 18:05 | Report Abuse

play safe I guess...market is volatile. he only disposes quite little. nothing extraordinary.

Posted by thestockoracle > 2020-09-02 18:06 | Report Abuse

By the way, that is not the CEO. that is the principal officer of the company only...

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

i think he made a big mistake he sold at 0.665 the share price now is 0.69. what a fool...haha

Posted by thestockoracle > 2020-09-02 18:08 | Report Abuse

by the way this counter are driven by sharks, so whether CEO sells or not, the price will still shoot up...driven by massive Q2 profits.

Posted by Observers > 2020-09-02 18:17 | Report Abuse

Pls keep this forum away from stockraiders. This idiot is a spammer in the gloves counters forum.
Any operator here? Pls block this person from entering here.

Posted by fong6368 > 2020-09-02 19:26 | Report Abuse

Jus hope it's NOT a one day affair..

Posted by ruby20 > 2020-09-02 19:39 |

Post removed.Why?

Posted by randomrandom > 2020-09-02 19:54 | Report Abuse

curious, where do you guys get info on CEO / Principal officer selling shares?

Posted by thestockoracle > 2020-09-03 00:06 | Report Abuse

Bursa announcements

Posted by longtermvaluegain > 2020-09-03 05:26 | Report Abuse

6,550,000 units share disposed by Mr Toe Teow Heng!!!
大家开始要留意了。包括我自己。

Posted by howtoclimb > 2020-09-03 08:28 | Report Abuse

dispose means good or bad news?

Posted by vitrader > 2020-09-03 09:14 | Report Abuse

relax la u guys, the dispose of shares is early last month, hold tight to your ticket as qr result will be definitely better

Posted by jowong7 > 2020-09-03 09:30 | Report Abuse

the major shareholders are people involve in fund management and private equity. their main job is to clean and turnaround the company then look for buyers.

Posted by Dakewlest > 2020-09-03 10:34 | Report Abuse

Pecah 70 sen. Road to 80 sen. Hopefully soon.

Posted by randomrandom > 2020-09-03 10:57 | Report Abuse

Hopefully not buy on rumour sell on facts....cmon dnonce!

Posted by moneymoneycome > 2020-09-03 11:25 | Report Abuse

what fact?

Posted by randomrandom > 2020-09-03 13:04 | Report Abuse

I meant the saying “buy in rumors sell in facts”, ie a phrase often quoted by stock or futures traders that explains price declines that occur after an anticipated positive event has happened.

Posted by Jaketan > 2020-09-03 13:26 | Report Abuse

Fundamentals strong, very nice breakout 70 cents

Posted by thestockoracle > 2020-09-03 14:03 | Report Abuse

as I said, it is primed for a shoot up to 0.80-0.90...it is well on its way, weeding out the weak holders and slowly moving up. I can also see money from the glove stocks pouring in...interest from glove counters coming in. which bodes well for this rare gem

Posted by ahpooki2 > 2020-09-03 15:10 | Report Abuse

dropped to 0.69 ??

Posted by thestockoracle > 2020-09-03 15:17 | Report Abuse

steady la...it must go slow because this is not a goreng stock. we need people who have faith not weak holders. whoever is tired of more money, please sell and exit. the rest wants TP0.80-0.90

Posted by thestockoracle > 2020-09-03 17:44 | Report Abuse

Q2 is out - net profit 4 mil...

Posted by kalsiddonboy > 2020-09-03 17:53 | Report Abuse

Woah limit up!!

Posted by Jaketan > 2020-09-03 17:53 | Report Abuse

Rm1 no problem

Posted by vitrader > 2020-09-03 18:01 | Report Abuse

luckily i hold super tight, hoseh limit up!

Posted by Deja_Vu > 2020-09-03 18:59 | Report Abuse

Net profit 4mil.....
How to justify RM1 or limit up???? Base on calculation or gut feelings?

Sorry, trying to learn something

Posted by terence775 > 2020-09-03 19:25 | Report Abuse

Deja_vu, calculate the EPS. Assign a PE. What do you get?

Posted by lhakim > 2020-09-03 19:39 | Report Abuse

Latest QR out. I'm still here. Closing at 0.695 slow & steady

Posted by warriorchan > 2020-09-03 20:48 | Report Abuse

Assume every quarter also earn RM4m or more or less, so whole year PAT will be RM16m

PE 12

Number of shares: 262m

Price / Earning Ratio = PE

Price = Earning Ratio X PE

16/262 x 12 = 0.73

Since related to Gloves, let say follow current lowest PE 30

16/262 x 30 = 1.83

Fair value on this DNONCE shall be RM1.83

Posted by thestockoracle > 2020-09-03 21:17 | Report Abuse

buy...........

Posted by Deja_Vu > 2020-09-03 21:17 | Report Abuse

Wow..... thanks....
Base on your calculation
PE15 = 0.91
PE20 = 1.22
Correct?

Posted by thestockoracle > 2020-09-03 21:20 | Report Abuse

exactly...too undervalued.

Posted by Gooner82 > 2020-09-03 21:38 | Report Abuse

Hehehe tomorrow top up before market realise this new gem

Posted by Gooner82 > 2020-09-03 21:39 | Report Abuse

They have both healthcare and tech themes. Sure win!

Posted by warriorchan > 2020-09-03 22:04 | Report Abuse

haven't included coming quarter's growth on sales~ it shall be higher!

Posted by longtermvaluegain > 2020-09-04 05:29 | Report Abuse

美国跌700多点!

Posted by Williamtaychunkit > 2020-09-04 07:27 | Report Abuse

美国科技跌很多！！！

Posted by randomrandom > 2020-09-04 09:16 | Report Abuse

still pretty strong support considering US market condition and how it influences Malaysia's market in general

Posted by asianbengraham > 2020-09-04 11:24 | Report Abuse

hold tight tight

Posted by randomrandom > 2020-09-04 11:24 | Report Abuse

why DNONCE no green action

Posted by thestockoracle > 2020-09-04 11:27 | Report Abuse

today is a Friday profit taking day...action next week...

Posted by Gooner82 > 2020-09-04 11:56 | Report Abuse

Be patient and need to hold for few weeks at leasf

Posted by Gooner82 > 2020-09-04 11:56 | Report Abuse

If you want quick trading, enter careplus if it drops to rm3.05 again, will quickly bounce back to rm3.4-3.5

Posted by randomrandom > 2020-09-04 12:01 | Report Abuse

yes holding, just thought that the qr results would have shown some momentum.