Steel price is still uptrending.
Prestar latest EPS is 8.12cent, share price is RM1.00
Annjoo latest EPS is 1.15cent, share prie is RM2.09

By right, Prestar should not fall so much even the market is not good today.

Small & steady accumulation these few days.

Uncle koon's fans gone. Many lost a lot of money at KPS & DOMINAN, and even MMC. Uncle Koon need to buy back above shares to earn back his fans' trust.

Seem likes big players start to sell last Thursday and almost confirmed today.

Due to settlement of secured debts of RM135 Million, cash on hand is RM242 Million. But the Market cap is only RM151 Million. Less volume trade now. I think small share holders will be fine even it is privatized at RM1.

Latest Leon Fuat financial quarterly result was 5.84cent per share. Coming quarterly earning per share will be much more better bcs of steel price is still increasing. Moreover, LEON FUAT share price is only 66cent.

Strong order, business expanding, and most importantly steel price is still in uptrending. Steel counters show in year 2021.

Strong order, business expanding, and most importantly steel price is still in uptrend. Steel counters show in year 2021.

TSH Director and EPF keep buying TSH share.

Almost no worker shortage for TSH bcs of >90% harvested produce from Indonesia. Just compare latest profit and previous quarter profit, TSH profit was improved. Most palm oil companies earning/profit are reduced due to low production and shortage of workers.

Although price dropped from its peak RM3.80 to RM2.74 in less than one month, but obvious accumulation during low price. Means the buyers interest still on this stock.

Some high performing stocks start to fly. I think Muda will goes up as well bcs of its latest record earning per share was 12.15 CENT. Hope to break its record price on 23Feb2021 i.e RM3.80.

Average 10 millions++ share sold to buyers these few days. Covid-19 cases seem to be lesser and lesser in US & western countries.

3 challenges for glove stocks:
1) The effectiveness of vaccines is obvious despite side effects. More and more developed countries people are vaccinated.
2) Mass glove production of Malaysian and China companies.
3) Summer will come soon in US & western countries that the spread of covid-19 will be less effective. In winter time, almost 70% population are vaccinated in US & western countries.
4)In year 2023, supply might starts more than demand.

The only good news is all the glove stocks are still making record earning this year.

By observing the price movement and volume, it is not looking good for KPS today. Might goes down some more tomorrow if no more support today.

Obvious accumulation began on 8 March 2021, follow by recent higher trade volume. Aluminum usage is getting higher and higher mainly due to reduce in fuel consumption, go GREEN & saving money.

Alcom starts to move up today.

Use of carton won't decrease but can't confirm the price of the raw material will increase for next few months.

Great news!

https://www.theedgemarkets.com/article/lotte-chemical-titan-expects-outlook-improve-strong-polymer-product-asps

Bought @ RM2.23. Notice that this stock will attract good investors once the future prospect is bright.

Uncle Koon no more recommend any glove stocks.

https://klse.i3investor.com/blogs/koonyewyinblog/2021-03-03-story-h1542000065-TA_is_more_important_than_FA_Koon_Yew_Yin.jsp

Only Aminvest provides target price for Kpower so far.

Good rebound. Follow with great prospect.

Good bounce!

Trade, and other receivables is high. Share price might mirror the Serbak.

Ryan83 quoted Gloves delivery lead time has reduced and spot order price also drop .

Any proof?

Some guys said many order are cancelled. When a buyer cancel the purchase, deposit usually will be forfeited.
Any proof order are cancelled?

Glove stocks drop so much maybe due to the forecast glove selling price in year of 2024 is same as 2019.

Latest financial quarter result is not good, EPS is only 0.48cent. Disappointed.

Aluminium price is increased from 1750++ in Oct2020 to 2200+ now.

https://www.investing.com/commodities/aluminum

Bought @ 44Cent

How come drop so fast? Will buy once the fall stops for 2 days.

SEP 2017 Bonus 5:7. Hope to receive bonus.

Net cash is RM80milllion ( cash, cash equivalent and short term fund with a licensed financial institution)

Due to a good 5G network need to construct a lot of towers and the maintenance then. OCK price will goes up. Believe can hit RM1.00 this year.

Very satisfactory result.
Previous quarter earning per share was 5.42 cent
This latest quarter earning per share is 5.90 cent
CONSISTENTLY making good profits, and Both demand and profit are foreseeable.
With NAV RM1.45 now.

Share price is only RM1.02.

Deserve to have limit up tomorrow.

Supermax won't drop badly, once at record low can consider to buy, and sell it after at least 5% profit. I think RM5.00 is a good price to buy.

Bought @ RM0.995 yesterday. Really undervalued.

Kenanga Supermax Target Price:

Nov 2020 BUY CALL - TARGET PRICE RM12.00, Actual price?
Dec 2020 BUY CALL - TARGET PRICE RM9.05, Actual price?
Jan 2021 BUY CALL - TARGET PRICE RM9.05, Actual price?
Feb 2021 BUY CALL - TARGET PRICE RM7.80, Actual price?

Fantastic result, 8.42 cent earning in this latest quarterly result. But stock price is only 88.5 cent. Last quarter earning result is 9.82 cent.

kktom when gold prices go up Tomei will make more profit from old stock , and pay more tax, but they have to buy back whatever what had sold with higher price. So today profit is tomorrow lost.

Nonsense comment. Tomei already got a lot branches and goods before the spiking price of gold. Tomei no rush to buy the high price from raw gold supplier. Instead Tomei can buy cheap gold from previous buyers, at least 30% lower.

Notion: Fast respond technology and glove counter according to the need of current trend. Bright future.

Weird stock. Still see sign of accumulation but the price is dropping.

UWC, Kobay all fly to sky. Wong price is still very low. I think Wong director won't dispose at RM1.00 this time.

Glove stock glory times is over. Don't expect both Supermax and top glove can hit RM10.
3 main reasons, 1) Even vaccines can't cure the covid 19 and got side effect, the effectiveness is more than 60% 2) More and more new glove companies 3) Covid cases already drop significantly esp in Europe and US.

Glove price momentum gradually going down. Maybe need to wait for lower price i.e. RM6.00 for buying. Covid-19 cases going down in Europe and US.

Jim Tan: So many sour grapes hahaha.. Go find a company that earn 5B with Market Cap 18B


Because many of them are the "SHORT" fans.

Fundamentally, Supermax price should be at least RM8.00. Moreover, quarterly report will out soon that its result is much more better than last quarter. Just bought Supermax.
Hope all SHORT fellows are losing their monies this time.

Harder to make money in glove stocks for retailers bcs of Bursa allowing big sharks to "SHORT". Use profit alone to predict share price is not so accurate. Bad news for small retailers.

Even very good profits ahead of the glove stocks, but many big sharks like to short them down. Unless Bursa disallow SHORT, glove stocks price will go back to normal price, i.e at least above RM8 for supermax.

MHC trading volume is very low, either want to buy or sell also a headache problem.