Lockdown in Europe. The Real Second Wave of Covid 2020. Rush for PPEs.

Chased by a dog this morning. Good luck to buy or not.

QE . Later say got deal to freeze vaccine.

Yes. I believe Comfort can still run . Glove prices will be in short supply at most until end 2022 only. Use their projected eps to see what is the peak price. I am no accountant.

Look at the new companies entering the fray , tells us that it is indeed a commodity....not an exclusive service like specialist treatment or portrait painter.

Spike in commodity prices do not last for years. At most 6 months before supply starts building up. Do not expect elevated ASP to last for years. That's why they are called commodities. Easily replicated.

Glove companies are like investing in commodities. Spike in prices then subside. Diversified companies like Texchem and Mah Sing is safer because they have balanced portfolios. So Glove Companies should tell us how they want to invest their windfall profits in post pandemic so will cause in spike in their coy shares. Like Top Glove investing in a Honeymoon Resort in Pulau Rawa .

Be Hunky Dory again .

The market reacts when they see Admiral Pfizer fleets on horizon. They do not wait for it to land . Banks are already set up to allow them to bank and cold stores and filling stations are ready for their wares. Viagra.... now Covidae Vaccines for the World. Be ready for the Play.

But it looks like the froth from glove is gone.
Should be uptrend for moving averages hopefully.

Dusti.....behind time.

Losing steam. Looks like Trump wins by a neck

Vested.

Looks like people rushing to buy gloves again. Comfort Gloves maybe faster than Mah Sing. Smooth and Suave

Like property, tie up your buyers before you build.
Hi...... All hope to resurrect the World Economy and the Stock Markets with QE Stimulus AED ...

Once the big boys go in, they will they get their fill , come heaven or hell.

Rubberex is Europe's favourite glove. Another elastic brand. Vested

MahSing Top Developer Top Horse Brand Glove

Riding the horse. Galloping real fast

Sèems more like casino chips than blue stocks. Good chance Topglove, MahSing and Comfort may turn to be blue chips like Apple or Tesla.....ever trending higher.

Malaysians are playing with and against each other in this market. Unless foreigners come in to hold the glove stocks at these prices then they they shout to call out higher valuation prices.Scanning the horizon to see whether the whales are coming.

Or else , prepare for the Double Dip.
Get ready your dipstick to test for pregnancy.

Risk On if there is landslide victory with no lockjam for policies. Stimulus and massive QEs

Need a big recaptitulation like a massive ejaculation before market reverses. Possibly tomorrow when Nasdaq falls to 10800 tonight.

Can short Bursa market meh? Then how come keeping falling like waterfall. Hopefully not like in 1997.....

Not vested in Bursa at all.

Not vested in Bursa at all.

It is like you choose to be in a real Hallowen where the Ghosts continue to devalue you shares.
Unless Bursa stops this rampant shortselling genie that is present, no one dares return to Nightmare on Elm Street.
Not vested. Already bailed out after cutting a hand and a feet.

Inefficent

Waiting to see whether the trend will change in the US indices. Without stimulus, will definitely crash down. Nothing is spared. Even gold and silver temporarily. With stimulus , this time have to evaluate the scheme.

The mkt always do the opposite. When we come, they fall. When we sell, they come. So overcome your urges. No greed, no fear. Buddhist Nirvana

Anybody have a chart of the spot price of Glove.

Cannot change govt like change clothes. After Covid over, then elections lah. Or else refendum by post Anwar Mathathir Muyihiddin

I think hourly rsi is overbought. When the buying stops then the uptrend will continue. I still see in an uptrend mode , not a downtrend.

15 Moving Average is still above the 50 MA. Normally wash out , to sapu before a big move up take place. Weak holders should stay out by contra cut loss

Extremely strong stock. Spiking power. New indicator

4.80 is the strong support. Believe it will bounce up from there to head up to 5.15 then 5.40

No end lah. Start of big second wave. Only Health Stocks and Stay at Home At Home Stocks allowed to print money because they have pandemic goods. Stay invested and Avoid Pirates and Piracy Fake News.

No vested in Mah Sing yet but in Esceram and other health care stocks

Spot price of Gloves will spike very strongly during this second wave shortage. If you have gloves on hand , Huat. Will then come down, to stabilise at a new higher normal. Possibly Covid will always be with us like AIDS so with Mask /Glove / Condom...becomes human external appendages.

The fact that Mah Sing wants to invest in Gloves is that the projected demand will overshoot supply till even 2022 even with the vaccine . To invest millions, of course they have done their due diligence and paid consultants.
So it is good news so Glove stocks. Insiders know better than analysts and brokers who have conflict of interest analysis.

Ride the Tiger

Notion also able to make ventilators. Full of Tech

N95 out of stock at all pharmacies

Not vested yet.

Glove stocks are hot because the demand is way above supply and it takes time to ramp up supply . It is not like making water. Making babies still take 9 months.
Anyway, need to get hold of latex and nitrile which is also in short supply.
Spot prices will spike soon , when the waves surge

@yap puay kee. Thanks.

Kossan, not speculative so will be smoother in its move up.

Short supply of gloves in all hospitals.

Kossan , today will reach 13.00. London , lockdown soon. Order for spot sales booming. Vaccine only for Malaysia, end 2021.