Posted by stockraider > 2020-12-12 11:29 |

Post removed.Why?

Posted by Morpheus61 > 2020-12-12 11:32 | Report Abuse

Stockraider, why the F88K you so concerned. It's not your money.

Posted by stockraider > 2020-12-12 11:35 | Report Abuse

THE INVESTMENT BANKERS ARE HELPING THE RETAILER & INVESTORS RUN B4 TOO LATE LOH!

IN KLSE IT WILL BE 1ST COME IST SERVE BASIS LOH...!!

JUST RUN B4 TOO LATE MAH...!!


Posted by Morpheus61 > Dec 12, 2020 11:25 AM | Report Abuse

THAT MUST CHANGE !!!

The Investment Bank's should not be allowed to suck the retailers dry and screw them twice over.

The market can be run much better without thesae bloody crroks.

Posted by stockraider > 2020-12-12 11:58 | Report Abuse

IF U R GLOVES INVESTOR THE RIGHT TIME TO PANIC IS NOW LOH...!!

JUST RUN B4 TOO LATE MAH....!!

Posted by stockraider > 2020-12-12 12:01 | Report Abuse

IT IS BETTER TO BE FEARFUL THAN HOPEFUL LOH...!!

TSUNAMI GLOVES CRASH IS COMING LOH...!!

Posted by Geek2020 > Dec 12, 2020 11:59 AM | Report Abuse

Aiya you all game over since dont know when. Windfall tax la, Russian vaccine la, emergency la, Pfizer, JP Morgan, FDA, ESG etc etc....

But prices are holding well. In facf, on Monday, it might just go up

Posted by mf > 2020-12-12 12:33 | Report Abuse

gap down

Posted by Pgraduate123 > 2020-12-12 13:02 | Report Abuse

Year end tsunami and earthquake Common occurance Dec during past years.
This Mon will see one, but on fantastic 4

Posted by jolow > 2020-12-12 13:06 | Report Abuse

monday down 50 cents

Posted by gemfinder > 2020-12-12 13:27 | Report Abuse

https://www.theedgemarkets.com/article/us-fda-set-authorize-pfizer-covid19-vaccine

Posted by Kevin Tam > 2020-12-12 13:38 | Report Abuse

From the experience of last 5-6 months about target prices of glove counters by one dozen research houses / investment banks, the retail investors only can trust their research n target prices 50-60% , they can adjust up or down as big quantum as 50-60% in 2 weeks time n those have issued call warrants, actually target price affecting their profit or loss of dealing their call warrants ( conflict of interest).... But the funny thing is it looks like 3/4 of the investors still refer n trust their target prices to max ( maybe 80-90%) n another factor is goreng groups n mutual funds also major forces to push up the prices of many counters...

Posted by sign's uncle > 2020-12-12 13:47 | Report Abuse

i think jp morgan n foreign funds are finally taking notice of our gloves champions. why buy high when u can buy low forst then say good later?

Posted by Gaussian > 2020-12-12 13:59 | Report Abuse

Imagine if local IB push the price up high MacQ and JP will die from thier cheap warrants and shorting the counters

Posted by jolow > 2020-12-12 14:10 | Report Abuse

sell lah. enough glove play already . 9 months play already.
play bank lah

Posted by Pgraduate123 > 2020-12-12 14:17 | Report Abuse

Gaussian.. Imagine 2-3 limit Down on Monday

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

（吉隆坡12日讯）摩根大通（JPMorgan）预测，一旦新冠肺炎疫苗变得触手可及，全球手套市场将出现供应过剩的情况；该行因此把全球最大手套龙头顶级手套（TOPGLOV，7113，主要板医疗保健）的合理价，大幅下调至3.50令吉。
摩根大通在分析报告中指出，手套价格料在明年下半年走软，这意味手套业者的超强盈利能力将结束，使股价存在巨大下行风险。
该行将顶级手套的合理价下调至3.50令吉。若根据周五（11日）闭市水平6.90令吉计算，意即该股有接近50%的下跌空间。
同时，摩根大通也对贺特佳（HARTA，5168，主要板工业）的合理价调整至8.50令吉，对比周五闭市价13.72令吉，也有38%下跌空间。
至于高产柅品（KOSSAN， 7153，主要板工业）的合理价也从周五闭市价5.39令吉，进一步下调至3.80令吉，下跌空间达30%。
摩根大通预测待一旦疫苗变得触手可及，全球手套市场将出现供应过剩的情况，因此大砍手套股合理价高达50%。
“我们的合理价预测是根据公司经常性收入作为评估标准。目前每1000只手套的市场价是100美元（约405令吉），是疫情前价格的5倍。”
摩根大通指出，该行对于2022年手套价格的基准预测是每1000只手套30美元（约122令吉）。也就是说，手套的超强盈利能力将走向终点，股价下行空间高达40%至50%。
“只要马股的卖空禁令一解除，手套股的卖压风险就更大。”
摩根大通指出，目前最令人担心的是手套供应过剩的问题。毕竟除了我国四大天王-顶级手套、速柏玛、贺特佳和高产柅品大举扩张，其他新业者也不断涌入。
“虽然目前仍难以估计手套市场的过剩情况将会有多严重，但这可从2000年时期，原棕油盈利超涨的情况借鉴。”
摩根大通解释道，自原棕油盈利暴涨后之后的10年内，都出现了供应过剩的情况。此情此景，或与当前的手套领域相似。
因此该行指出，手套业近期内的下行风险是成本开销增长，长期风险则是产能过剩。
摩根大通指出，我国政联企业资金是手套领域的唯一希望；但近来可见公积金局也在不断抛售手套股（顶级手套）。
该行指出，目前我国四大手套股的总市值高达1700亿令吉，而我国非政府关联基金的总管理资产值（AUM）仅有1122亿令吉，相当于四大天王手套股的总市值的66%。
“但本地基金已将管理资产值的高达11%投入手套股，已是很高的占比。再加上今年来本地散户和外资不断涌入手套股，已是历史新高纪录。”
摩根大通指出，目前市场已找不到多余资金可提振手套股，除非政府有意注资提振该领域。
“换言之，手套股的上行空间已达到顶限。”
针对市场预期全球手套使用率在疫情后仍会增长一倍，摩根大通认为这项预期过于乐观。
“毕竟全球总人口的成长，其实比手套产能的增长还要慢。”

早就说过很多次了，手套股从来没有undervalue过的，山顶过了当然要下山谁都挡不住的，你不卖没关系市场自然会有人倒货的。lol

Posted by gloveharicut > 2020-12-12 15:48 | Report Abuse

https://klse.i3investor.com/blogs/gloveharicut/2020-12-12-story-h1537561303-Here_s_what_TOPGLOV_has_to_say_about_sustaining_its_super_profits.jsp

Posted by Kossan > 2020-12-12 16:59 | Report Abuse

Fresh from the Star newspaper

https://www.thestar.com.my/aseanplus/aseanplus-news/2020/12/12/china039s-covid-19-vaccine-trials-stopped-in-peru

Posted by stockpunters > 2020-12-12 17:10 | Report Abuse

Never trust analysts. When buy call u all should sell and vice versa when sell call u all buy. They are all manipulators. Anyway trade with caution and buy more when the price falls. I’m buying more if it drop further. Hehehe. Is call buying down.....EPF bought on 10dec higher price than the this week. They are not chicken out why you all worry. Let see how the game on Monday..

Posted by NPRA1985 > 2020-12-12 17:14 | Report Abuse

Pfizer Vaccine Cleared in U.S., a Landmark in Covid-19 Fight

Pfizer Inc. gained emergency U.S. authorization for its Covid-19 vaccine on Friday, completing an unprecedented scientific sprint that could eventually help bring an end to a pandemic that has killed nearly 300,000 Americans

https://www.bloomberg.com/news/articles/2020-12-12/pfizer-covid-vaccine-wins-u-s-fda-emergency-use-authorization

Posted by NIWV > 2020-12-12 17:38 | Report Abuse

covid cases is predicted to rise to 5000 case per day in march. so please think by urself.

Posted by xcu843 > 2020-12-12 17:58 | Report Abuse

Glove will coming back again

Posted by xcu843 > 2020-12-12 18:08 | Report Abuse

Vaccine approved only for emergency use, not all the country will follow United States. It still got some risk. Health care product like glove and face mask still can survive.

Posted by michaeso > 2020-12-12 18:50 | Report Abuse

Good luck

Posted by Albukhary > 2020-12-12 19:20 | Report Abuse

Assume Kossan can earn RM2bil in the next 4 quarter, its annual EPS will be 73sen.

Based on current share price RM5.39, it is equal to 7.4 PE only.

Technically, Kossan PE should be at least 15, after taken into account the ASP will drop substantially after end of 2021.

Posted by Morpheus61 > 2020-12-12 19:51 | Report Abuse

The following is a list of CFD's ('Structured Warrants' as they are called ONLY in Malaysia)


In the Money:

https://imgur.com/cEk679H

Out of Money:

https://imgur.com/KVsaLxJ

It does'nt take a rocket scientist to figure that the Share price
of THE ASSET (The Underlying Share) will be close to if not less than
the Exercise Price of the Warrant at expiry.

Historical data clearly shows that 95-98% of the investors lose money
in CFD's. In fact. most issuer's around the world have this statement
as a Disclaimer. 2 Pages of a Macquaire Issue Document can be viewwed
in the following link. 2nd page contains all the DISCLAIMERS.

https://imgur.com/zPEaNub

The point here is simple.

1. CFD's have ONE CERTAIN result. The issuer wins.In 95-98% of the cases
the holder of these warrants at expiry lose ALL their investment.

2. Warrants, by themselvews, have ZERO VALUE. They require an
Underlying Asset.

3. The issuers are permitted by law to hedge n the asset without disclosure.

4. The issuers are permitted to short-sell he asset when short-selling
was banned on KLSE. The authorities call them "Permitted Short-sellers"

In all of the above, the investor has NO SAY. While doing all of the above, the ISSUER ensures that the price of the Actual Asset (The Share) is unjustifiably within the Exercise value of the Warrant (That really has no value).

To top it all, the SC says "An informed investor is a protected investor"

FYI, CFD's on Equity are banned in several countries including the USA.
They are permitted on Indexes and Currency. Why are they banned elsewhere? The warrants they say are "Cash Settled". European Style more so :). Just like the casino.You call this investment ?

From time to time, you have the very same issuers of the warrants issuing Target Prices (THEIR target price) to conveniently suit them.

My only intention is to make people think about the wisdom in such
speculative instruments. As if speculation on a REAL ASSET itself was not enough.

DO WE STILL NEED STRUCTURED WARRANTS ?

It's up to you !

Posted by newbie911 > 2020-12-13 09:48 | Report Abuse

White House chief of staff Mark Meadows told the head of the FDA to submit his resignation if the agency doesn't clear Pfizer's vaccine for emergency use by day's end, according to reports.
The warning led FDA Commissioner Stephen Hahn and the agency to accelerate its timetable for clearing America's first Covid-19 vaccine from Saturday morning to later Friday, according to The Washington Post.
The New York Times, Axios and Reuters also reported that Meadows told Hahn to resign if he didn't move quickly to clear the vaccine.

Posted by EngineeringProfit > 2020-12-13 10:56 | Report Abuse

See.....even Calvin who asked everyone to buy last week at 6.00++ had gone missing

Posted by jolow > 2020-12-13 11:00 | Report Abuse

monday open gap down 20 cent

Posted by stockraider > 2020-12-13 11:02 | Report Abuse

BECAREFUL OF GLOVES LOH....!!

DEMAND ALREADY PEAK MAH....!!

WHEN DEMAND NORMALISE LEH..!!

JUST TOPGLOVES ALONE ITS CAPACITY CAN PROVIDE FOR THE WHOLE WORLD REQUIREMENT LOH...!!

There is no doubt other glove companies will be making super-normal profit for some time but it will be unfathomable to expect that trajectory of profit increases to continue.

"As the world starts rolling out vaccines and as more people get inoculated against Covid-19, then the catalyst for the huge profits would increasingly get muted. The argument that the vaccine rollout will require the use of gloves is true but much of that will be one time use. The world has a population of 7.8 billion people and 16 billion pieces of gloves, or 32 billion if there needs to be two injections, to administer a vaccine to each and every person. Top Glove alone makes way more than that".

Then there is competition from new suppliers. Germany is starting to make rubber gloves seeing the demand and profits companies are making, which would indicate that the barriers of entry are not high for a business that can be automated to a way larger degree than it is in Malaysia. Then there is the production increase from existing manufacturers and new players just in Malaysia that are entering the business.

The glove players will make more money than prior to the pandemic but how will the supply dynamics change and prices react will bear watching over the long run.

Posted by stockraider > 2020-12-13 11:24 | Report Abuse

Just sell gloves & switch to very safe insas mah...!!
U still can make another 100% with insas loh...!!

STAY ON TRACK WITH INSAS, U DEFINITELY WILL MAKE MONIES MAH...!!

FUNDAMENTALLY VERY SOUND MAH....!!

JUST BUY LOH...!

Get ready for the coming big upside potential of insas in view of its growth potential, value rerating and big improvement in financial stock business mah....!!

Jump in & buy big b4 too late loh....!!

INSAS IS A MISUNDERSTOOD STOCK LOH....!!

IF U LOOK BACK AT INSAS FOR PAST 10 YEARS, IT HAS BEEN CREATING VALUE NON STOCK ALMOST EVERY YEAR WITH INCREASING SHAREHOLDER FUND MAH...!!

THATS THE REASONS WHY ITS NTA GROW FROM RM 1.00 SAY 10 YEARS AGO TO ALMOST RM 4.00- 5.00 AS AT NOW MAH...!!

INSAS BIGGEST WINNER LIKE INARI, CONTRIBUTE MORE THAN RM 1.4B MARKET CAP & SMALLER WINNER LIKE SENGENIC CAN CONTRIBUTE MORE THAN RM 60M LOH...!!

SMALL INVESTMENT LIKE OMESTI & DGSB ARE DOING EXTREMELY WELL LOH...!!

INSAS IS LIKE BERKSHIRE HATHAWAY BUSINESS MODEL LOH...!!

BUT UNLIKE BERSHIRE, ACTUALLY INSAS IS BETTER IT PAYS DIVIDEND BUT BERSHIRE DON'T PAY LOH...!!

THOSE INVESTING IN INSAS IS GETTING COMPOUND GROWTH RETURN AVERAGING 10 TO 12% PA EVERY YEAR LOH....!!

IF U BUY INSAS NOW U R PAYING RM 0.865 FOR A FAIR VALUE OF RM 4.00 IN INSAS LOH....!!

A GREAT INVESTMENT LOH...!!

BUT MOST EXCITING PART THIS INSAS IS GROWING WITH GOOD PROFITABILITY MAH!


Just look at the amazing growth track record of value creation of insas for the past 10 yrs

Sept 2020- Nta Rm 2.75

June 2019- Nta Rm 2.62

Dec 2018- Nta Rm 2.54

Dec 2017..Nta rm 2.49

Dec 2016 ...Nta Rm 2.18

Dec 2015..Nta Rm 1.96

Dec 2014..Nta rm 1.82

Dec 2013 nta..rm 1.71

Dec 2012 nta ..rm 1.51

Dec 2011 nta..rm 1.38

Dec 2010 nta...rm 1.22

Dec 2009 nta ..rm 1.14

INSAS IS GROWING STRONGLY MAH....ONLY THOSE PEOPLE DO NOT UNDERSTAND BERKSHIRE HATHWAY BUSINESS MODEL ARE SAYING INSAS HATHWAY BUSINESS MODEL ARE LOUSY LOH...!!

BUT INSAS BUSINESS MODEL ARE SAME SAME MAH, IN FACT INSAS GENERATE COMPOUND EARNINGS OF 12% PA SAME SAME AS BERKSHIRE WOH..!!...HOW COULD BE BERKSHIRE VERY GOOD & INSAS VERY BAD LEH ??

Posted by Pgraduate123 > 2020-12-13 13:24 | Report Abuse

Insas worth rm9. 00 in the 1980's,
In 2020 its........

Posted by Morpheus61 > 2020-12-13 13:35 | Report Abuse

WOW !!!

101 Mllion Shares Net Short Sold as of Friday Closing ?

JP Morgue is definitely cadaver

https://www.bursamalaysia.com/misc/missftp/sblnt/NetShortPosition20201211.pdf

Posted by stockraider > 2020-12-13 13:38 |

Post removed.Why?

Posted by mf > 2020-12-13 16:15 | Report Abuse

TANGKAK - [DIKEMASKINI] Kerajaan bercadang meningkatkan pembelian vaksin Covid-19 agar dapat menampung keperluan imunisasi hingga 70 peratus rakyat berbanding kuantiti asal sebanyak 30 peratus.


Perdana Menteri, Tan Sri Muhyiddin Yassin berkata, ini kerana ada negara yang sudah membeli vaksin itu dengan sesetengahnya memperoleh dalam kuantiti yang banyak melebihi jumlah penduduk mereka sendiri.
Artikel Penuh : https://www.sinarharian.com.my/article/114572/KHAS/Covid-19/Kerajaan-cadang-naikkan-pembelian-vaksin-Covid-19-PM
© 2018 Hakcipta Terpelihara Kumpulan Karangkraf

Posted by NPRA1985 > 2020-12-13 17:54 | Report Abuse

Bahrain Approves China’s Sinopharm Covid-19 Vaccine

Bahrain approved the registration of the Sinopharm Group Co Ltd. vaccine against the coronavirus, about a week after the United Arab Emirates registered the Chinese-made vaccine.

“Results from Phase III clinical trials showed an 86% efficacy rate, a 99% seroconversion rate of neutralizing antibody and 100% effectiveness in preventing moderate and severe cases of Covid-19,” the National Health Regulatory Authority said in a statement Sunday.

Bahrain has participated in phase III clinical trials, in which more than 7,700 volunteers signed up. Bahrain had previously authorized the emergency use of the vaccine, which was provided to frontline workers in contact with coronavirus patients.

The UAE registered the Sinopharm vaccine after finding it had a 86% efficacy rate, paving the way for a full public use and allowing for a re-opening of the Gulf nation’s economy.

Egypt plans to start the process of inoculation against the coronavirus after receiving the first shipments of Sinopharm vaccine.

https://www.bloomberg.com/news/articles/2020-12-13/bahrain-approves-china-s-sinopharm-covid-19-vaccine

https://abcnews.go.com/Health/wireStory/bahrain-approves-chinese-covid-19-vaccine-74699175

Posted by NPRA1985 > 2020-12-13 18:22 | Report Abuse

Govt to increase Covid-19 vaccine purchase to cover 60%-70% of M'sians — PM

The government has plans to increase its purchase of the Covid-19 vaccine to cover the immunisation needs of about 60%-70% of Malaysians compared with 30% currently.

Prime Minister Tan Sri Muhyiddin Yassin said this was because some nations had purchased doses exceeding their population.

“As for Malaysia, we have already got 30%. I have instructed Health Minister Datuk Seri Dr Adham Baba along with [Science, Technology and Innovation Minister] Khairy Jamaluddin Abu Bakar to negotiate and increase it from 30% to 60% or 70%.

https://www.theedgemarkets.com/article/govt-mulls-increasing-covid19-vaccine-purchase-30-6070-meet-msians-immunisation-needs-%E2%80%94-pm

Posted by EngineeringProfit > 2020-12-13 18:24 | Report Abuse

Even Calvin who had promoted Kossan so hard last week at 6.00++, had gone missing

Posted by Everybodyhuat > 2020-12-13 18:42 | Report Abuse

Do you know that if retailers start disposing glove stocks, who stand to benefit the most? Bank stocks. This is because many retailers who bought and hold glove stocks are holding on for strong fundamental and the same guy would have bought banking stocks if not for the gloves. These banks would want more bad news for gloves, so that retailers will switch their portfolio to banking stocks. Imagine billions of stock worth money suddenly switch to banks. Their stock price will jump up. Now you know why there is a thorough effort to create bad news for glove industry especially the big brother Top Glove?

Posted by NIWV > 2020-12-13 19:05 | Report Abuse

when people dump, somebody will collect tomorrow. this stock is oversold now. anytime will rise up.

Posted by newbie911 > 2020-12-13 19:19 | Report Abuse

Among big four, kossan down steepest during last week trading.

Posted by EngineeringProfit > 2020-12-13 19:20 | Report Abuse

Even Calvin who had promoted Kossan so hard last week at 6.00++, had gone missing

Posted by NPRA1985 > 2020-12-13 20:21 | Report Abuse

COVID-19 vaccine is permissible for Muslim use, preservation of life is key consideration: MUIS

SINGAPORE: The Islamic Religious Council of Singapore (MUIS) said on Sunday (Dec 13) that it "holds the position that a COVID-19 vaccine is permissible for Muslim use".

"We would advise and encourage Muslims to be vaccinated once it is available and when the vaccine has been medically authorised as safe and effective, as this is a basic necessity to protect lives in the context of a global pandemic," said MUIS.

The council made its religious position on the vaccine known in a media release.

It said that the objectives of introducing a COVID-19 vaccine and the processes involved in producing vaccines are "largely aligned to established Islamic principles and values".

Islamic jurisprudence places great importance on the sanctity and safety of human life and the protection of livelihoods, it said.

Efforts to protect human life from any form of danger and harm, such as the development of vaccines, are therefore highly encouraged in Islam, it added.

https://www.channelnewsasia.com/news/singapore/covid-19-vaccine-muis-permissible-for-muslim-use-halal-13762806

Posted by Kevin Tam > 2020-12-13 21:47 | Report Abuse

If follow half advice from JP Morgan , Topglove got more headwinds than Kossan ( Topglove may drop as much as 45- 49% to RM3.50 whereas Kossan may drop as much as 30%) . Anyhow with so many retail investors n funds still supporting 4 glove manufacturers, what JP Morgan say may happen after March or April only plus the Covid cases got accelerated in last 3-4 weeks even few vaccines will be out in January or after January...

Posted by newbie911 > 2020-12-13 22:47 | Report Abuse

https://www3.nhk.or.jp/nhkworld/en/news/backstories/1421/ Japan's hospitals facing medical glove shortage

A recent survey of medical staff involved in the fight against COVID-19 found the shortage is becoming a serious issue nationwide. Almost 60 percent of those who responded said that they were running out.

Some facilities have resorted to using gloves that are not medical grade, but Professor Sugawara Erisa, an infection control expert at Tokyo Healthcare University, says that's putting people at risk.

"Sending frontline workers in without medical-grade gloves is like sending them to war without ammunition," she says.

Posted by jonsuk67 > 2020-12-14 09:17 | Report Abuse

JP is the biggest crook! Their CEO, Jamie Dimon is the worst kind. I am sad to see many of us have all fallen into JP trap,

Next thing they gonna do is buying up the glove counters shares in Malaysia.

https://klse.i3investor.com/blogs/investingforlife/2020-12-14-story-h1537567162-Malaysia_Bank_vs_JPMORGAN.jsp

Posted by ginlim > 2020-12-14 09:28 | Report Abuse

JP Morgan valuation of TG at half of its current market price ie RM3.50 per share is the most ridiculous and stupid target price i have come across. Why?
The current market cap of TG as at 12 Dec 20 is RM56b. Half of that is RM28b. Now we know that for the financial year 2021, TG will very likely make PAT of RM10b.
So if the market cap goes down to RM28b, TG will trade at PE of 2.8!!!!! Hahahha..
That’s the PE of a company about to go insolvent..Not a growth company with a super excellent profit record for the last 20years...
How stupid !!!

Posted by Algorithm_trading > 2020-12-14 09:50 | Report Abuse

i think most people will become long term investor of Kossan

Posted by kens88 > 2020-12-14 09:55 | Report Abuse

Limiy down again

Posted by TillyLovers > 2020-12-14 09:55 | Report Abuse

the counter drops almost 10% now

Posted by Algorithm_trading > 2020-12-14 10:03 | Report Abuse

also Kossan mgmt are not like TopGlove. Seldom see them coming out to defend their sales and profits