Posted by ahchong01 > 2021-05-28 21:57 | Report Abuse

gohkimhock hotstuff need to go more drive through. all mcd i go all wear glove to serve food one. not expecting LU. i am not expecting it to go sharp up also. in fact i think someone will continue press down because they only want to push up when people want to sell to collect cheap. but to be fair to gloves, the demand is really increasing. maybe not sustainable as much as current price but definately at a better place than pre covid.

Posted by keown83 > 2021-05-28 22:04 | Report Abuse

@gohkimhock because gloves is really a hot stuff even until now..u try buy any glove stock in huge numbers u will have a bad time trying to find one..that's how scrace glove stocks is

Posted by gohkimhock > 2021-05-28 22:10 | Report Abuse

I agree will be better price than pre-covid, but the current price is also overvalued. btw, Euro 2021 football starting next few weeks.. let's see whether you get what I mean..

Posted by skcm2017 > 2021-05-28 22:29 | Report Abuse

In view of when someone said can't see people wearing gloves since 1st MCO. Probably he live in the cave/house for the past years and not yet gotten a vaccine..or probably the nurse/doctor didn't wear it when he took the vaccine)..hahaha.. please be smarter bro...don't be so childish

All it is about supply-demand. Do the research on the supply-demand of gloves globally. The demands won't stop till 2024, conditionally of covid19 gone forever. If not, there the demands are always there and the company still makes money…

glove..glove..glove.. it makes my millions worth of value within a year.

Euro 2020 and Covid-19?? need to ask Dr google if he can have the answer...hahaha

Overvalued? -> show how you calculate it, be someone respectable.. want to know it. you must have calculated it very well.

Posted by gohkimhock > 2021-05-28 22:39 | Report Abuse

i am more amazed when people saying total lockdown = more glove sales. What is the rationale behind this? more condom sales i believe..

Posted by ooi8888 > 2021-05-28 22:47 |

Post removed.Why?

Posted by skcm2017 > 2021-05-28 22:49 | Report Abuse

@Goh.Investor opinion low standard, not intellect. wanna watch Netflix and continue my Ph.D. dissertation

Posted by thestockhunter > 2021-05-28 23:13 | Report Abuse

goh sell we buy hahahahha que rm1 goh

Posted by pang72 > 2021-05-28 23:13 | Report Abuse

Good time for glove mari

Posted by ahchong01 > 2021-05-28 23:35 | Report Abuse

wah. legendary pang suda mari ka

Posted by pang72 > 2021-05-28 23:41 | Report Abuse

Wow...
Time to limit up then I will come...

Posted by pang72 > 2021-05-28 23:41 | Report Abuse

Glove and vaccine the next week theme

Posted by JK22 > 2021-05-28 23:51 | Report Abuse

But but but... only Malaysia case increase .. Other countries are recovery. Malaysia can use some many glove kah.

Posted by ahchong01 > 2021-05-29 00:17 | Report Abuse

JK22 the thing is if many business impacted and less profitable, they cannot pay dividend. if cannot pay dividend, long term fund cannot pay dividend. one thing for sure, at least for this year, one that able to pay dividend is who. but that is just my thinking. talak tau la how market will react. market is never rational. For all you might know, PE 1 also might be possible. nobody knows

Posted by Albukhary > 2021-05-29 00:41 | Report Abuse

Why public invest in Glove Stock when Full Lock Down?

1) When Government implement full lockdown, most of the business will be affected, and more than 70% of the Bursa listed company will be affected as well, especially those recovery stock. When they are affected, investor will foresee their coming quarter result will be bad. Hence, many investor will pull out their fund from these recovery stock. As a share investor, when you sell 1 stock, you seldom will take out the money and save into bank, you will immediately buy another stock which has less / minimal impact from the full lock down. So Health care sector is one of their first choice, as healthcare business are essential business, they can continue to operate during full lock down.

2) As you can see, most of the western country are start opening up their border, and all industries are back to normal. After this pandemic, people awareness on health have increase, many industries that previously never use glove has start to use glove regularly, such as massage, facial, saloon, food preparing...etc. This is so call the new normal after pandemic. I remember I have study a report last year, the journal foresee the demand of glove will surge when all economy sector start to open. Now it is a good timing for glove sector in Malaysia, when all other industries lock down, raw material will become cheaper, shipment to export will be ease also, worker shortage can be solved also (as previously many factory are paying high salary to grab worker, especially those contract worker with low skill required, such as packaging)

Posted by BuffetOnWeed > 2021-05-29 08:18 | Report Abuse

Morning! countdown until, market meltdown and gloves flying up event

Posted by BuffetOnWeed > 2021-05-29 08:54 | Report Abuse

Market sentiment changing, recovery stock holders now in panic mode

Posted by Sneakpeek > 2021-05-29 11:39 | Report Abuse

Rubberex derived 85% revenue from Msia market

Posted by Sneakpeek > 2021-05-29 12:09 | Report Abuse

Rubberex capacity 2.5b profit RM 81m
Careplus capacity 4.86b profit RM 125m

Posted by Bgt 9963 > 2021-05-29 12:34 |

Post removed.Why?

Posted by ahchong01 > 2021-05-29 12:47 | Report Abuse

Sneakpeek I own a lot of rubberex share but 85% revenue from malaysia market is not true. read the latest annual report, 50% of ruberex sales is in europe. 20% in south american country.

Posted by holyspirit > 2021-05-29 12:47 | Report Abuse

refer to :@JK22 But but but... only Malaysia case increase .. Other countries are recovery. Malaysia can use some many glove kah.

for your information:
1)Five million weary Melbourne residents returned to lockdown on Friday (May 28).
2)Taiwan Covid cases and death toll are both increasing fast.
3)South Korea reported today 29 may = 533 new cases and 5 death and the rate is not going down.
4) 4,803 new cases and 34 new deaths in Thailand as 29 May 2021.
5) 703 new cases and 48 new deaths in Mexico on 25 May
3,056 new cases and 411 new deaths in Mexico on 29 May.
Mexico has increase tremendously from 25th May.....

Posted by holyspirit > 2021-05-29 12:49 | Report Abuse

@Albukhary : Enjoy your analysis ....Thanks

Posted by holyspirit > 2021-05-29 12:52 | Report Abuse

@skcm2017: fully agreed.
Lets make $$ together.....:) :)
all the best again this LOCK DOWN time .....

Posted by brian3381 > 2021-05-29 15:19 | Report Abuse

Malaysia case up no use. Local gloves give donation.

Posted by Start_0f_the_bull > 2021-05-29 19:19 | Report Abuse

No use what? You mean investors wish covid-19 cases to shoot up to make money in gloves counters?

Posted by BuffetOnWeed > 2021-05-29 20:18 | Report Abuse

Oh look Brian3381, hi, good luck Monday. U get hit until mother cannot recognise

Posted by BuffetOnWeed > 2021-05-29 20:18 | Report Abuse

Karma for talking too much shit in glove counter

Posted by brian3381 > 2021-05-29 20:19 |

Post removed.Why?

Posted by Start_0f_the_bull > 2021-05-29 20:33 | Report Abuse

I hold some gloves counters but I don't hope price fluatuate based on covid-19 cases.
I hope covid-19 can be contained as soon as possible to avoid more people die but it is beyond our control as most people don't follow SOP.
But one thing is sure, starting Monday most non essential goods and services counters will drop like shit. Do you think most shareholders will hesitate to dump their shares since most of these business cannot operate for at least 2 weeks?

Posted by ooi8888 > 2021-05-29 20:34 | Report Abuse

Hello brian3381, monday any show?

Posted by Bullrunrun > 2021-05-29 22:44 | Report Abuse

Full Lockdown MCO 1.0 the glove stock up 500%.

Let's see next week

Posted by C-put > 2021-05-30 06:33 | Report Abuse

Why this company so stingy? Don't want to give dividen?

Posted by MrsLee > 2021-05-30 08:00 | Report Abuse

Is okay no dividend.....daily gap up will be good...can reach RM2???

Posted by robertzz > 2021-05-30 08:52 | Report Abuse

dont worry, karma already hit hard at Karim counter.. stay focus on tomorrow morning.. solve it and prove it not just escape

Posted by BuffetOnWeed > 2021-05-30 09:07 | Report Abuse

C-put , they using the money to expand new glove lines

Posted by brian3381 > 2021-05-30 09:31 |

Post removed.Why?

Posted by BuffetOnWeed > 2021-05-30 10:15 | Report Abuse

That is a possibility. But recovery stocks going down is a 100% certianty

Posted by robertzz > 2021-05-30 13:11 | Report Abuse

recovery karim... hahahaha.. stay focus

Posted by Jom123 > 2021-05-30 17:43 | Report Abuse

recovery-themed sectors such as technology, glove and healthcare might stage a comeback next week...

Posted by keown83 > 2021-05-30 18:28 | Report Abuse

https://www.facebook.com/BernamaTV/photos/pcb.4322013561152168/4322009904485867/

Posted by keown83 > 2021-05-30 18:29 | Report Abuse

so many important sector can open business with certain % of capacity..i am not sure how market will react to this..suddenly i think the comeback of glove sector will not be like last year albeit the comeback will still be there

Posted by hoowk77 > 2021-05-30 18:56 | Report Abuse

60% workforce but can operate 24h yeah

Posted by ahchong01 > 2021-05-30 19:38 | Report Abuse

dun care. isnin any opportunity before shooting up, mau hntammmmm sikit.

Posted by robertzz > 2021-05-30 20:05 | Report Abuse

Dont be too naive to believe those people. Even when you go got vaccination. KKM requirement you to sign off a form which stated vaksin ini tidak members jaminan sepenuhnya kepasa saya daripada tidak mendapat jangkitan covid 19 pada masa akan datang. This sentence prove everything..

With the mutated viruses, everything can be change anytime.. usa and other western country yet to officially open their border since last year.. let see what will be situation once it officially open..

Posted by bizzybone > 2021-05-30 20:15 | Report Abuse

Gloves was a fling, maybe a one night stand. Stop your love affair with gloves.

Even if the pandemic continues for another 5 years, we will not see a spike in ASPs like what we saw last year. There are no more surprises.

Countries have secured supply. The knee jerk panic buying which led to the rise in ASPs is over.

I'm not making fun of gloves. I made money from it too. But the facts are there; the supercycle for gloves was short and it is now over.

Posted by skcm2017 > 2021-05-30 20:31 | Report Abuse

hahahaha..... fascinating when people are scared of tomorrow.

Bizzybone:
Stock: [SUPERMX]: SUPERMAX CORP BHD
May 30, 2021 8:17 PM | Report Abuse
Same comment I posted on Rubberex forum:
Gloves was a fling, maybe a one night stand. Stop your love affair with gloves.

Sneakpeek :
Rubberex derived 85% revenue from Msia market (Like prasarana boss's character.."kiss2xx"... when you have nothing say..(hahahahha...). Empty brain

Posted by ahchong01 > 2021-05-30 20:40 | Report Abuse

bizzybone yes. i am in this with a clear unbiased manner.

10b capacity in 2022. Assume the worst;
- Asp drop until USD 35/1000 pcs (it is lesser by 30% predicted by frost and sullivan 44usd and rhb 40 usd)
- Utilisation at really low level only 60%
- Usd at 4.1 which is fair
- Profit margin reduced more than half and like in Q1 2020 13.9 vs 49.9 now.

Even at this very very minimal, prudent and ridicuolous calculation,
PE 10 give you price of RM1.44
PE 12 give you price of RM1.72

Where to get this kind of investment? Lols. if you think it is over then you can move on to other sector. Why need to bother people who already analyses and decide to invest. I personally is not looking for supernomal profit. Because of ridiculous assumptions can give me such upside i am willing to wait till even 2022 to let management prove they can do better than the ridicolous assumptions. Lol. If you disagree just list me your assumptions and how you come to say current price is overvalue. then it will be a much informative debate.

Posted by skcm2017 > 2021-05-30 20:55 | Report Abuse

@bizzybone - I am doubtful that he knows what is PE and how it is calculated.

Posted by skcm2017 > 2021-05-30 20:55 | Report Abuse

https://www.channelnewsasia.com/news/asia/vietnam-hybrid-covid-19-variants-from-india-uk-spread-outbreak-14909808
HANOI: Vietnam health minister Nguyen Thanh Long said on Saturday (May 29) the country has detected a new variant of the coronavirus, a mix of the COVID-19 variants from India and the United Kingdom that spreads quickly by air, online newspaper VnExpress reported.

After successfully containing the coronavirus for most of last year, Vietnam is now battling an outbreak that is spreading more quickly. "After running gene sequencing on newly detected patients, we have discovered a new variant that is a mix of India and UK ones," Nguyen Thanh Long was quoted as saying.