Don’t U know US market already too high in these 3-4 weeks ? With the severe of their covid 19 cases, the SP 500 should drop 8-12%to justify their poor handling of the pandemic n the uncertainty of the US economy...

Those have purchased Poh Kong n Tomei at RM1.50-1.60, should stop panic selling ... Poh Kong n Tomei only gone up 100-120% from their 6 month average price of 50-56 cents, not really overpriced n overvalued like those healthcare counters n half of the glove counters... many half masters like to use negative news to affect those retail investors n make them panic selling.... no point to sell at Rm 1-1.10 if your average cost is 1.30 n higher ...

It is really true, don’t just look at sales per month of those jewellery shops n those half sifu said Poh Kong is overvalued ( to compare with average 50-56 cents before the rise of share prices)... it is their holding of gold that make them worth more than 1.20.... If those ppl said Poh Kong n Tomei r hard to sell their gold accessories, then USD1900 not a better position to sell more gold accessories than USD2050 n above ? :)

Pharma n dpharma only earn some money from bottling the coming vaccine n their share prices already gone up a lot ... be cautious... For titijaya, any news that if the state enterprise of China successfully developed vaccine , it will give the vaccine distribute-ship to Titijaya?

World gold price still USD1930-1960.... no need to be panic .... vaccine almost out, those holding many glove counters need to reduce their glove related counter position ...

Those always promote glove counters in many sites should start to be cautious, glove counters have gone up too fast n too fierce n only Topglove n Supermax quarterly profit near market expectation, other like Harta n Kossan n others r below expectation.... Even glove counters can have very good quarterly profit in this quarter n next 2 quarters, what will happen to their quarterly profit after 2021 June? How to justify 3-4 investment banks still using PE of 35-37 of peak net profit to calculate fair value of Harta ? For Topglove, they r using PE of 26-29 to calculate target prices but 2021 year end profit for Topglove will be the highest for these 10 years, how about Topglove, Supermax, Harta n Kossan quarterly profit after 2022? Investment banks don’t bother their profit after 2021??

None of the investment banks really giving 3 pages review of oceancash review but ICapital did give detail studies of oceancash about 2 month ago ; oceancash main business segment divided to 2 segment , one is insulation for car manufacturers, something called fell ... Another segment is hygiene related, mainly producing non woven fabric n the non woven fabric is about 40-45% of oceancash revenue, not as the Cimb analyst said only less than 2% of revenue from mask related supplies... Maybe the analyst only mean revenue get from masks but oceancash is the main producers of non woven fabric in Malaysia n South East Asia is fact n they r increasing their non woven fabric production in recent months.... Non woven fabric is used for diaper , wet tissue n so on, not only for face masks ( even though masks is high demand in these 6-9 months )...

It is normal for gold to go back to USD1900-1960 per ounce after going up to USD2030-2070... Those jewellery shops will be able to sell gold accessories n gold bars easier n faster at USD1900 per ounce than USD2050-2100 per ounce ... Dont panic selling gold related counters, with Unlimited QE of the US n weakening US dollar trend these 2 months , gold will go up to USD2050 again in near future... Too much bad news don’t mean retail investors to sell all of their holdings, bad move indeed

How to investment bank , 20 years experienced retail investors n those buaya with few million cash to play shares to earn money? They like to use different types of news to affect the confidence level of retail investors n especially those only have 3-4 years experience.... Gold will not be easy to go down below USD1880-1900 due to uncertainty of world economy n the US unlimited QE n printing money .... For jewellery shops, they can sell gold accessories n gold bar easier at USD1900 than USD2050.... too much bad news then reduce weight n position, don’t need to sell 2/3 or all.... But niche fundamental is weaker than Poh Kong n Tomei ....

Oil n gas counters don’t have good news to push further up , those believe in gold related counters, dont panic selling ... Gold will go up to USD2050-2100 very soon n at the same time, jewellery shops like Poh Kong, Tomei, Niche n so on can sell gold accessories faster at USD1900-1980per ounce ....:)

Harta n Careplus are more overvalued than Top n Supermax, by right , Harta n Careplus should drop more in this week than other glove counters...

Value investor, most probably U r wrong ... 40-45% of oceancash revenue from non woven fabric segment, even 3 months ago, the stupid Cimb analyst giving wrong information to the public to make oceancash share prices to drop from 80 cents to 35 cents... Whole Malaysia only 2 companies producing non woven fabric ( which being used to make diapers n masks n so on) , they r Oceancash n Tekseng n Oceancash should produce more non woven fabric than Tekseng...

Most glove counters already very expensive, retail investors shouldn’t pump in money into glove counters.... playing glove call warrants 3 times more dangerous than holding mother glove counters.... Harta , Supermax, Kossan n Careplus, already very expensive n vaccine may come out within 4-6 months... be cautious..

Keep half or 3/4..... Mui making profit every year, not like Borneo oil n those making losses counters ...:)

Wrong , Harta never met expectation by Rm210 mil profit of latest quarter, her share price should be adjusted down by 15% from 19.50..... Those investment banks r one of the culprits to push up handglove counters prices n make their valuation to be very high ... Don’t just talk about profit of 2020 n 2021, how about profit for 2022 n 2023 ?

few ppl able to sell at 1.70n above last week ; any experienced investors who r able to sell 2/3 of holding at 1.70 n above last week can be classified as smart player ...Poh Kong at least worth 1.10 n above, those holding it , dont panic selling .... Buying Harta at $16, buying Supermax at Rm20, Topglove at $26-27, Comfort at 6.30-6.50, careplus at 4.50 are 2 times more dangerous than average cost of 1.15-1.20 for Poh Kong .... :)

Oil n gas counters hard to goreng up due to few factors; first most oil n gas counters in Malaysia r making losses or having small profit n highly indebted.... Second factor, oil price at USD40-45 n world economy still bad n uncertainty..... Third, many oil n gas counters got huge outstanding shares....

The buaya give bad news to pull down share prices of gold related counters.... some investing in glove counters then spreading negative views at other counters.... bad intentions...

If Poh Kong n Tomei willing to sell at lower prices as those medium size retailers , the sales will be quite good coz the Malays still purchasing gold accessories after gold reached USD1950-2000 at jewellery wherea many Chinese feel expensive n less willing to buy at high gold price level.... Those existing inventory was bought at USD1470-1500 level n now market price is USD 1960-2040....

Comfort is cheaper than careplus n harta n Kossan in valuation but not easy to go to to Rm6.50 n above again .... So far the 6-7 glove counters, only Topglove n Supermax quarterly profit near market expectation... Kossan result will be out soon as well ...

newbie a glove counter investor? Come here to spread negative news??

Niche , Poh Kong n Tomei falling down rapidly got small correlation with world gold price dropping to USD1980-2010 level ... profit taking by many earlier investors n buaya n some giving negative comments about gold related counters pull down the share prices dramatically...

Nice is too expensive at 24-25 cents n above , sell before too late .... Niche still making losses in last few quarters, buy other gold related stocks better ...

If Poh Kong can drop back to 60cents then those holding Topglove, Harta , Kossan , Supermax n Careplus should feel worried that those glove counters will drop 30-40% as well ..... Panic selling make 70% of the counters which have gone up 100% n above in last 2 months to fall back to lower level ...

Comfort not much momentum to go up, should wait for below 5.05 or 4.96....

rr88, how about technical analysis for Harta, Topglove n Careplus ? Look good ? Give some views ...:)

Niche has poor financial results for many quarters n even 20-25 cents is very expensive.... be cautious to play/ invest this counter....

Chtan, U really think U guys understand glove counters very well? Harta n Supermax n Careplus should be classified as overvalued coz careplus has up more than 20-25 folds from January n Supermax has gone up 13 folds from January average price of 1.55.... Harta always with PE36-38 at last year n gone up about 250-280% from January.... Even Supermax posted net profit of 12-13 times of average quarterly profit of 30 mil... Pls keep in mind, Top 4 glove counters n comfort n careplus only can have wonderful profit in their 2020 year end n 2021 year end .... For logical thinking , Supermax n Kossan only can use PE 19-20 (of financial year 2020 or 21) to calculate fair share prices ... For more established n technology advance Topglove n Harta , maybe using PE24-25 to be rational but those analysts of investment banks using PE of 28-30 to calculate fair TP of Harta n Topglove n using PE of 24-25 of peak profit to calculate fair value of Kossan n Supermax... what will happen to profit of top 4 n comfort n careplus in year 2022-2023 ??

Supermax profit also up about 12-13 times , not 20 times, close to expectation; while comparing quarterly profit, we should use quarter vs quarter method , not compare to last year quarterly profit for glove counters... 30mil was Dec quarterly profit ( choose quarter before pandemic started ) n this quarter has jumped to 399 mil...

heng, as long as below 43-44cents , should be able to gain in near future ....go go go....

TVz, a fan of glove counters comes in here every day to give negative comments? If those Poh Kong n Tomei have inventory of last Sept to Dec , their cost per ounce was USD1470-1500 ...Even sales have dropped 25-33% in May to July , their profit margin is much higher if they r selling existing stocks... So, those said investing n speculating Poh Kong is irrational, then those still buying Harta , Supermax n Careplus after their share prices already up 3-20folds, r 3 times more crazy n don’t understand value investment...:)

Niche is small jewellery company n just holding 15-16 mil of gold inventory at last year end; with 700 million outstanding shares, per share of Niche only has 2-3 cents of gold ... Niche is very expensive even at 15-20 cents, be cautious, dont simply listen to those said it is still cheap n easy to go up...

Only Topglove n Supermax can deliver quarterly profit near expectation, other r overvalued n too expensive.... investing in glove counters are even more dangerous than investing/ speculating in other counters...

Those bought below 80 cents only having lower profit per shares ... Poh Kong n Tomei 3 times more solid than Niche , many ppl go to goreng Niche at 30-40 cents..... Niche is small company with only 15-16 mil inventory, already expensive at 30 cents...

K1 n Krono also doing digitalisation related businesses.... Krono provides services of data storage , cloud computing n some IT infrastructure services .... K1 has gone up 180-200% from last December price of 22 cents to 56-58 cents, by right, Krono should go up 80-90% to above RM1.... Krono balance sheet n yearly profit also much better than K1...

Profit taking n correction from glove counters , the profit taking effect spread to other health care counters n gold related counters.... Top 4 glove counters may face 10-13% correction from Friday closing prices ....

Profit taking started from overvalued top 4 glove counters then careplus n comfort ... Gold will remain at USD2000-2150 for next few months but both Poh Kong n Tomei has gone up from last 6 month average price of 52-57 cents to 1.60-1.75 (Tomei even 20 cents higher than Poh Kong)... Malaysians lack of platform to invest in gold coins , investing gold at USD1800-2000 to hedge against inflation n falling purchasing power of ringgit or USD not really crazy ... Maybe 1.70 n above for Poh Kong is expensive n half crazy ... :)

Both Kossan n Supermax only can use PE 22-23 to calculate fair value ; if using PE 25-26 become unrealistic n too optimistic toward the near future of glove industry... Even earning 130 mil quarterly net profit, can’t justify the share price of Rm20-21....

Supermax is too expensive even quarterly profit reach 120-130 mil ( jumped 300% from 30 mil ), still below expectation.... Supermax fans have to be cautious....

Can’t even hit 30 cents yet , why talking about 50 cents or $1? The company having poor quarterly results for 2 years, should be not easy to go up to 30 cents in 1-2 week time ...

From last December USD1480-1490 per ounce to these 2 days , USD2030-2045..... Investors can calculate how high probability that Mui property or Borneo oil strike gold in order to invest or don’t invest in the 2 counters ...:)

Poh Kong has 550-560 mil of gold inventory at last year end ( as mentioned in the annual report ) n Tomei has about 320-330 mil of gold inventory as well ; both counters can benefit from gold prices gone up from 1480-1490 of last December to today USD2030-2045 per ounce .... Borneo oil n Mui property both own the mining lands ( concession ) but not yet producing gold yet ... It depends how the inventors calculate the probability of the 2 counters to start to produce gold out in near future ....

This company is small jewellery company with less than $16 mil inventory even though the company has not much debt .... In other words, it even get less benefit as Poh Kong or Tomei which holding 550 mil n 330 mil in gold inventory.... From 10 cents gone up to 40 cents, already gone up a lot ....

The more important factor for this counter to go up to 50-55 cents n above should be the chance to strike gold of its subsidiary at Australia; wherea with the uncertainty in world economy n the continue minor lost of confidence toward USdollar , gold price should maintain at USD2000-2100 n even higher until next year...

Even with market cap of rm300-420 mil, Borneo oil last 4-5 quarter profits are kind of low.. exploring n producing gold in ok quantity is tough jobs ....

Actual fact is careplus the most overvalued then Harta n Supermax.... Comfort got better value than careplus ; careplus last quarter result of Rm35 mil ( 15 mil was from one off profit from sales of 50% of a subsidiary).... experienced retail investors should have doubt how a tiny glove manufacturer able to post Rm20 mil profit wherea its average profit per quarter only about 1 mil or even lesser in previous year....:)

Top US investment banks forecast for gold will go up to USD2200-2300 within 12 months , not USD2500 or 3000 ... The gold will maintain at above of USD2000 for at least one year due to uncertainty of world economy , some lost confidence toward US dollar ( after unlimited QE )...

Kossan n Supermax quarterly report will be out soon n it looks like investors n buaya supporting Top 4 prices since Harta reported not so good quarterly profit.... Comfort n Careplus may face selling of shares again coz both counters have gone up faster than Top glove ... be cautious mode for the 6-7 glove counters...

Those said investors who investing in Poh Kong or Tomei being irrational , is kind of irrational... Poh Kong holding 550-560 mil of gold inventory at last year end n most of their gold bought at below USD1500 ( last year Aug to Dec ) n with net debt of about 150 mil , it has solid balance sheet ... The gold holding value has gone up 35-38% ( from USD1480-1500 to this week USD2030-2070), the gold golfing has gone up to more than 760 mil ..... For Malaysian retail investors, investing in gold papers is kind of unwise due to high difference of buying n selling price n very few platform/ places for us to buy physical gold like gold coins or gold bar..... lack of options of investing in gold become one of the factor for some to invest in Poh Kong n Tomei ...

What happen to Tomei ? How come cannot key in ?