When is KNM next quarter result out ??

Rumour said the government will impose export tax / windfall tax on gloves ? Kossan is cheapest among the top 4 counters...

Target price of RM7 by Kenanga is big difference from MIDF n Affin Hwang of RM4 n RM5.... It looks like Kenanga adjust up more than RM1 for TP every 2-3 days ....

Thanks to Kenanga n other research centres which give higher target price than RM12-13, which have made more retail investors to be over optimistic n think the near term can be improved by 100% for Top glove n the other major glove manufacturers... They need to face capacity constrain n also competitors in Thailand n China will boast up their production as well ...

Can the net profit of Top Glove rise to RM1 billion in 2020 from RM380 mil in 2019? Big doubt about 100-150% jump of the profit ... Top optimistic from the retail investors n Kenanga research centre for the target price ....

Kenanga is below average research centre n always give super high n fancy target prices for stocks ... be cautious...

After RM10.50 still chasing this super expensive counter with minimal growth in profit in last quarter, sound irrational n crazy ....

What good news to push up so much ??

Feel big doubt why RHB research put target price at RM13 n make more retail investors to chase the pricey Topglove n Harta ...

Unbelievable day, 4 handglove counters plus 2 more small cap handglove counters have gone up more than 24-25% in these 2 days ...

What trigger the fierce rise in these 2 days ? Target price of Maybank? Unbelievable....

If the top management of Oceancash doesn’t take this golden opportunity to increase 3-4 folds non woven material to mask manufacturers at Malaysia, is kind of unwise ; still feel doubt about 1.5 months ago an article by CIMB analyst that only 2% of her revenue for the non woven materials for surgical masks....

This company is undervalued at 31-34 cents n it is strange that the company is producing non woven materials for masks n diaper but keep dropping since 1 month ago..

Anyone has checked the debt level of DRBHicom? Why dropping so fast ??

QL is highly overvalued n still got retail players n funds r buying in the shares ; it is irrational to give target price of 8.50 from public research...:)

The sell short of IDSS only can do with one day duration ? KNM is kind of good bargain at 14-15 cents even though crude oil price is as low as USD32-35....

BAT may drop to RM10.80-RM11 in next few days... market is bad n European countries major markets already into bear market ....

If want to play short , there r few counters which are overvalued , example QL, Topglove , Harta n some of the GLCs ... KNM is undervalued at the moment...

Hi Sardin , can explain why the huge loss of RM770 in financial year 2018? Due to impairment ?Can some of those impairment being adjusted back to be profit in near future ??

KNM is undervalued now n below 22 cents is good bargain ... its last quarter is not bad ..

If the ex date is 5th of March , buy tomorrow still entitle to the dividend ? Anyone can answer?

With the correction mode of the Dow Jones n European market , Bat n other consumer counters may face more selling pressure ... n even the politic is stable for a while , later on maybe something still going on ..

Once below 50 cents, it is not overvalued; many losing money due to overreacting to different situations....

Many bought at 65 cents to 75 cents during the wave of last time ; even the company only having 5-10% of its revenue from non woven products for masks n diaper , the company last 2 quarter result is not bad ... suddenly below 49 cents maybe due to panic or bad coming quarter result or just some bigger player giving out bad news to affect the confidence of retail investors....

Glad that this thread got few experienced retail investors who can give above average advice to other retail investors... BAT is undervalued as long as below RM12 n next quarter result of PBT of 80-90 million should be rational for share price of RM11.50-12.00, no need to feel panic for remove from MSGI which is mainly an index for global fund managers to refer n believe local big cap to medium cap counters rely much more on local funds n retail investors.... Carlsberg already overvalued after RM26-28, bunch of investors n some funds still chasing the counter ... So far, I think the advice from Panorama, Najib ,eddy888 is sincere n not bad ... n William ...

As long as below RM12, BAT is undervalued... 2019 profit after tax should maintain at 340-350 million, 20-24% lower than 18 profit before tax ...

Anyone know the portion of masks n other hygienic products consist about 30% or how many percentage of its revenue ? Even some said very small portion of revenue involved in surgical mask, diaper n hygienic products got potential in this period ...

Bat has potential but have gone up quite a lot in last 3 days ; the coming quarter profit n 19 yearly profit still be 20-25% lower than 18 yearly income; plus point is high dividend yield n the government may put more effort to reduce illicit cigarettes but it should take time ...

Above Rm11.90-12, not really attractive ; the coming quarter profit still will be lower than last quarter n last year.... Overheated after newspaper said a buy yesterday ...

The research firms in Malaysia is kind of lazy n unwilling to put more time to study those second n third liners like KNM, Hiap Teck, Dufu n so on ... If they cover more counters then retail investors got more confidence to invest in those 2nd n third liners ...

Don’t need to be panic , Oceancash is only up 50%( if 60-64 cents) from December average price of 42-43 cents n the Wuhan coronavirus still far from its peak n being solved ... The point need to be discussed should be how many percentage of Oceancash revenue from mask n material for masks n target price should be higher than 60-65 cents for this serious outbreak....

Anyone has studied the counter a bit deeper? Is the company manufacturer of surgical masks ?How many percentage of her revenue from surgical/ medical masks or supply related materials to mask manufacturers??

With target price of RM102- 128, the most expensive blue chip may face correction soon... Only TA giving unrealistic TP of above RM150...

Bottom is about 26-28cents n the risk is not high when Evergreen is below 30 cents....

Any good news to boast the share price ??

Oh , buaya trap, dropped 8-9 cents in 1 hour ...

After the good last quarter result , how come from 21 cents drop back to 19 cents ? Strange ..

Armada has gone up a lot in this 1 month , from 22-23 cents keep going up .... maybe need to rest for a while very soon ...

Wow, all talking like Armada already out of trouble, if the counter continue this momentum, very fast can reach 49-50 cents ; next quarter result maybe able to push up somemore ...

Newway is correct , operating income is much higher than corresponding quarter of last year n reversal of impairment loss of Joint venture had made JV to have profit before tax of Rm18 million... The latest quarter result looks good...

The quarter result is not good , why keep going up? If the overall economy is not good , the TNB only can maintain the same profit before tax of 2018.... strange indeed ...

Armada has restructured it’s short term debt n if Armada can show profit in coming quarter n turn some impairment to profit , the target price should be adjusted to 30-35 cents ...

If the ECRL project being pushed through n the coming quarter result got improvement, very likely Hiap Teck will go up to above 34-35 cents in short time ....:)

Not sure coming quarter result can show some improvement or not ....

Evergreen is undervalued n next quarter result will be out soon . With weakening ringgit , the result should be better than last quarter.... Even though market look volatile n next year will be even more pessimistic, Evergreen already undervalued n many heavyweight blue chips should drop more than this cheap valuation counter ...

Next quarter result will be much better than last quarter n if this is true , Evergreen will go up to 68-70 cents n above in short time ...

I think 48-52 cents is still quite cheap if next quarter result has improvement, can go up to above 60 cents ... Anyone know when the next quarter result out ?

Some just talking craps here .... Many Investment banks talking the target price is RM12-13.50 n they didn't realise the acquisition was overpriced or they just trap the retailers to chase the glove company even it was above Rm11.50.... Maybe go back to RM8.50-9.00 should be fair value n fair price ...

Occa, Malaysia has imposed a tariff of 14-16% for steel products imported from China ( the tariff would shield off the cheaper steel products from China n help out the local steel manufacturers which had face huge losses in 2014-16 n the tariff would continue until 2019 if I m not mistaken ); if U want to talk about global situations of US tariff on Steels, from the articles of many sources , only South Korea having heavier impact among the Asian countries n China as the largest steel producing nation may dump some to ASEAN nations but our market is shielded / protected by 14-16 % tariff .... N the amount of US imported per year is not really huge compared to yearly production of the world n China, in conclusion the impact to local manufacturers still minimal by the US tariff but not sure the slow down in property developments have how much impact at steel consumption , the economists still think growth rate of 2-3% for Malaysia market, guess so...

Not really, none of the ASEAN nations in top 7/8 of nations that US imported her steels; the US mainly imported steel products from Canada, Mexico , South Korea n Russia , the thought of Malaysia manufacturers would get affected , should be funny n based on rumour ... Some more , the local manufacturers mainly only produce for local market n export some to other ASEAN nations, the quantity to export to outside of ASEAN is minimal ...