Waw... Look at all those disposal...

I thought rakuten tp only 0.98?

but is the dividend sustainable with the decreased earnings?

US got Tesla, Malaysia got Top Glove xD

Yup. I'm in. Unexpectedly good QR

Yup, it is bound to go down for now. It broken the support of an ascending triangle and has rebounded off it downwards. Will enter if it reached 1.50 range.

Let's see, sentiment vs Chat Pattern. Either side that wins will make huge momentum in that direction.

I'll wait until the pattern is broken

Sorry, I'll go with the chart pattern for now. All the best guys!

Head and Shoulders spotted on 5 min chart. Can the hulls break the pattern?

Come down to 0.7!

Lolz.... Ya, share link please.

Well, I think rubber gloves demand will remain robust for years to come. TG is also increasing capacity.

C'mon~ Be civil~
Intellectual discourse is always welcomed.

Don't forget, the 31st March report only recorded around 17% of the full impact of the MCO..

Value trap?
I'm skeptical that it's earnings can go back to pre-covid levels due to decreased tourism, poorer economy (imagine ppl even need the loan moratorium extension), shift to online shopping, etc. Those will hit almost every aspect of Sunway's business. Furthermore, Services provided of Sunway is considered premium. Not sure it can perform well in poor economic state.

Based on the forecasted earnings, the price should be in the RM0.7 range..

That would be great isn't it.

I'm wondering how AT will raise money for the factories.
Good interest rates for debt. Not sure whether they'll issue rights issue or something.

The market just panic due to dji last night

Yeah, just hold.

Testing business won't die anytime soon.. Is just a matter of whether businesses can afford it or not. Haha....

Nice!

Yeah..

Hmy2020 is the "confuser"

Let's go.

Yeah. Other glove counters already priced in the future earnings. This counter haven't. When announcements starts to surface, it'll be too late.

Discourse is always welcomed!

Don't forget top glove and other manufacturers is already being back- ordered. This means they've reach Maxed output. The only way for them to generate more revenue is by increase in price. Malaysia is the lime light in glove manufacturering. This gives opportunity to this kind of counter. The acquisition is indeed very very good move.

Yup, it can reach above RM0.7 ish level because glove is not the only thing. The disinfection chamber and other services and products is already brewing. It's just a matter of time.

US and Europe is expecting a second wave, this kind of counter will be there to ride it. It's very timely.

Based on TA, It has just broken the resistance and retested it. It is a very timely entry too.

The volume yesterday will definitely gain lots of attention. Buyers will chase in.

With all the catalyst and TA combined, this is another golden opportunity you don't want to miss.

For the foreseeable future, business that capitalize or venturing into gloves or medical suppliers or testing kits related to covid19 has a huge upside. TopGlove and other manufacturers are being back-ordered and the demand will spillover to other manufacturers.

Indonesia (our neighbour) just reported that the condition is bad there. Malaysia's manufacturer is well-positioned for it.

Shinju, the trend just started, RSI or stochastic is bound to remain in the 'overbought' zone.
The pullback happened today.

Yeah, today whole market down, not just this counter.
But the fact it can hold at 16 is a good sign already.

If today didn't retrace or tp then no chance to re-enter ady

C'mon, I think its quite okay considering AT now involved Pearl Glove.

I think tml will gap up...
This is retesting the broken resistance.

Going to recover to pre-covid price soon

Waiting for people to realize this counter

An Ascending Triangle is formed

Can go higher I think

Go go go!

Can space sharing business recover? Seems kinda optimistic though...

Hi DLee, what do you mean?

When do u expect it to announce?

Good bye golden opportunity..
fk u rakuten.... only know "we're experiencing technical difficulty" and "cannot connect to server".

The margin isn't release until end of day. fku rakuten.
Good bye rakuten

I sold at RM0.44, can't re-enter because of FKing rakuten margin account.

Let's go!

I think we're all aware of that possibility too, Bursa Wolf.
In my opinion, I think taking in a new brand sales in covid related equipments now the new testing kit can justify quite a high price. If aco can supply them overseas, it'll be even more amazing. If the economy recover, we can expect them to do well in their core business. Either way, it should be up from here as the market indecision is happened on Friday.

A discourse is welcomed!

Anyone notice an Ascending Triangle being formed?

Kinda excited!
Let's hope it does