MM n MN parents have a offsprings of bar studs

MM n MN r CCB

Ooi CCB monkey dogs where are you?

How u r in TG rambutan


RHBIB7 we have witnessed millions of CHina foreign workers have been brought into Malaysia for glove production since the cost of labor is much lower than Banglas, Cambodia and Indonesians.

Post removed.Why?

RHBIB7 brain must cuckoo and stuck in 80’s

No worries stocks market always reflect 6-12 months ahead

Present glove price buy 1 free 3-6

Glove will be bullish at least 3 months
Stock Market always looks 6 -12 months ahead

NM sure kena fxxxk by omicron

Omicron is looking for monkey and dogs
Where are they hiding?

MQ Research Initiates Coverage on Malaysia Gloves
Author: kltrader Publish date: Mon, 22 Nov 2021, 3:03 PM
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Macquarie Equities Research (MQ Research) initiates coverage on the Malaysia gloves sector, with a view that the glove manufacturers have production cost advantages over its China peers and any newer entrants. Although average selling price uncertainty lingers, valuations have turned attractive with all three glove makers trading at EV/share below pre-pandemic levels.

MQ Research names Kossan as its top pick within the sector. Read on for MQ Research’s order of preference and target prices in an excerpt of the report dated 19 November 2021. Also, check out the associated Macquarie warrants over the glove names below.

Negatives Are Priced in
Incoming China glove supply threatens Malaysian manufacturers’ market share. However, MQ Research believes these negatives are priced in as share prices have now fallen 70-75% from pandemic highs. MQ Research believes large-cap Malaysia glove makers have a 25-35% production-cost advantage over China peers. MQ Research initiates on Malaysia’s glove manufacturers as valuations turn attractive despite average selling prices (ASP) in flux. All three glove makers in MQ Research’s coverage are trading at an enterprise value per share (EV/share) below pre-pandemic levels. If shares decline a further 10-15% - which MQ Research believes to be the absolute bottom – MQ Research sees an attractive entry point. ASPs are quickly declining (currently US$35-40 vs. mid-21 US$85-90 per ‘000 pieces), and MQ Research’s top pick Kossan’s differentiated product mix shields it from potential global oversupply. Kossan is trading at a steep discount to peers (post-pandemic PER discount to TopG/Hartalega of ~15%/ 50%) and at about half their pre-pandemic EV/share.

Production cost advantage over China/new entrants
China: MQ Research estimates that China glove manufacturers currently have 25-35% higher production costs vs. large-scale Malaysia manufacturers due to higher fuel and labour costs. If global oversupply occurs, and prices continue to decline, MQ Research believes Malaysian large-scale manufacturers will be the last to turn unprofitable. However, MQ Research expects China producers to continue to add capacity until costs normalise despite downward pressure on margins.

New entrants: MQ Research expects newer entrants in glove manufacturing to quickly become unprofitable as ASPs dive below production cost. Newer glove producers have an estimated production cost of US$35-40 per ‘000 pieces (vs. existing players of US$20-23). MQ Research believes newer players will either abandon expansion plans or exit the industry altogether.

Mm to Cc

Mm rename as Circus clown

Mm is the offspring of 3 F and 1M
That the reason what he is today
I mean mm is a bar stud dize

This big liar will have his day of karma
Past record of TG and Supermax can be refer at Malaysian Biz as I posted
Still want to simply boast and lie

MoneyMakers Supermx follow TG..1st profit drop 30%, then 70%

TG now benchmark how low ASP/profit will go..if TG left 300Mil profit, thats alrdy prepandemic level

https://m.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=7106&section=financial

Supermax pre pandemic pat per qtr 30 m only

TG pre pandemic pat is about 100 m per Qtr

This Hum car Chang mm simply pluck from the sky of TG pat of pre Convid

https://m.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=7113&section=financial

https://www.klsescreener.com/v2/announcements/view/3456653

FINANCE
‘Crazy’ Bets on $200 Oil Invade the Options Market
Traders are wagering U.S. crude’s rally to a seven-year high is just the beginning, despite a softening global economic expansion

https://oilprice.com/Energy/Oil-Prices/Putin-100-Oil-Is-Quite-Possible.html

Once cross 100 per barrel
Hell will break loose

40 sen x 10

HIBISCUS Petroleum Bhd aims to deliver a further three offtakes in the final quarter of its financial year ending June 30, 2021 (FY21), to reach around 3.7 million barrels sold in total.

The independent oil and gas exploration and production company sold a total of 874,944 barrels of crude oil in its third quarter ended March 31, 2021 (3Q21), whereby two of the offtakes conducted took place in North Sabah and Anasuria Cluster.

https://themalaysianreserve.com/2021/05/25/hibiscus-petroleum-to-sell-3-7m-crude-oil-barrels-in-fy21-3q21-earnings-rise-12-5-to-rm32m/

Hibiscus Petroleum to sell 3.7m crude oil barrels in FY21, 3Q21 earnings rise 12.5% to RM32m

Coal and gas price all ATH
Almost triple Or more

https://markets.businessinsider.com/news/stocks/stock-market-outlook-equities-withstand-130-oil-higher-interest-rates-2021-10

JPMorgan's quant guru says stocks can withstand $130 oil and a further surge in bond yields

Matthew Fox Oct 6, 2021, 2:23 PM

Oil Price Fundamental Daily Forecast – Unexpected Demand from Fuel Switching Put $100 Crude on Radar
The event that could eventually send prices to $100 per barrel is that some industries have begun switching fuel from high priced gas to oil.

Ooi mak kau hijau

Beware of dogs
Start showing

@ToneeFa MonkeyMan have a new appearance that is a switch of backside to face

MMfkr always say bloodbath on Supermax
Qtr pat 500 M just like ib analytical expectations
But Supermax proven those dogs and ib are liar and misleading

China latest Glove company Qtr PAT drop 30 to 50 %
Malaysia top four Glove latest Qtr maintain or up especially Harta double

Proven vaccine flop
Israel is good example
First and highest inoculated with Pfizer vaccines in the world but latest cases all time high more than 11 k cases out of 9.2 million population
Confirm ENDEMIC from PANDEMIC
Vaccine break through is real especially Delta variant
ASP won’t go back to pre Pandemic
No expert can predict future of Glove Stock for next five years
Especially JPM and local ib
Genting and AirAsia is a good example

From data China nitrile glove ASP is higher than Malaysia by at least 20% but is coming down fast now same as Malaysia

@FT u r welcome

Genting and AirAsia is a good example

Nobody can forecast the glove futures since Convid will be from pandemic to endemic
Good and bright future ahead for glove stock especially Supermax with double capacity soon
All gloves stocks will be bullish again sooner than you expected

Another 1-2 years Supermax cash reserve is more than the market capitalization now

Most analysts say OBM model will be hardest hit when ASP drop and expected Supermax 4th qtr pat about 500 to 700 millions
But Supermax prove them wrong with a billion PAT
JPM and local ib is telling lies bull-shiiiit

Beside Banks not many companies can make billions of PAT per quarter especially top 4 glove stocks

Our future seem very bleak like doomsday is happening

This year 3rd qtr results July August September will prove JPM and local ib analytical is a lie misleading an shiiiit

Supermax capacity will double up to 48 billions in 2022
ASP will never go back to pre pandemic

Convid confirm ENDEMIC no more pandemic
Will coexist with humankind
Vaccine confirm flop
Israel first and highly inoculated in the world with Pfizer vaccines yesterday case all time high with more than 11 k cases against 9.2 million population

Insider