IDSS and RSS hurting glove stocks

private funds are rebalancing their portfolio in the new year. Some are allocating funds into DNex for emerging stock counters. Dnet in sweet spots. Ping petroleum {oil production in UK} ., Silttera { chips foundry manufacturering , undersea cables mainteance {Indonesia} not forgetting their core It segment { MOF contract extension.}

News of a new additional strategic institutional cornerstone investor stirs interest

Last year 1,000 pcs of non medical gloves selling betw 75- 85 USD. Current spot prices for gloves FOB at around USD 35-40

This is something the minorities and independent shareholders need to digest. 8 MILLION! for a car

Planter's can counter the negative call by the IB by rewarding their shareholders with generous pay out. Look at Digi how they distribute their dividends. With positive cash flows they can reward their shareholders

Coming qtr result announcement in mid Feb may spring more upside

Errata : question an be raised directly to the Board during the question time}

Problem of zoom AGM. Minorities never have a chance to question the Board unlike a physical AGM { question can be raised directly at the question tone}

Big blocks of shares transacted. mostly likely big boys are in the play. Just my own view looking at all the direct block deals

Nobody can predict the future..... But for commercial property investment and new shopping mall it really needs a long time to mature & recover back to its hey day { before the pandemic outbreak} . Look at the overhang supply and gluts of incoming bigger malls in the klang Valley. Empire City at Damansara is facing multiple challenges.

Without disrespect to any sifu. Appointment of Tun Noor Shahya to the DNex enlarged Board is to bring them in line with Bursa commitment of having more gender equality in Malaysia listed companies. The enlarge Board { if I am not mistaken} inclusive of Tun Noor Shahya is 2 out of the 10 members. Last year we DNex have appointed Dr Chen { Foxconn} to oversee Silltera and Robert Fisher to oversee Ping Petroleum. He was the ex MD of Exxonmobli { Malaysia}

Need to see how DNex close today. Either push higher or trend sideway.if push & break new ground 86 - 87 level

More likely SOP dividend pay out interim at 4 sen { 30/12} & final 5 or maybe 6 sen. Just my own guess

Everything have a risk vs reward ratio. If you believed DNex in 3 months time can reach your TP of 1.20 vs the downward trend of 80 sen. Then the ratio is definitely worth it. Not a buy call just a hypothesis scenario

20% stake in Empire City, Damansara Perdana needs 3-5 years time frame to mature. 20% stake unable to apportion whatever earnings in their group consolidated accounts. Except writing off the goodwill proportion under FRS accounting rule

punter counters lying low despite jump in KLCI.

Current political situation. Umno { BN} will win handsomely against the divided and uninspiring opposition led to in GE15. Anwar {PKR} has lost its magic lustre and credibility after calling wolves since 2018. DAP { Guan Eng & kit siang } is still singing the same old tune with no new narratives. Both Pejuang & Amanah lack the manpower & political drive. Warisan and Muda is still a tagged as 1 nan show

This counter had attempted to break above 2.00+ numerous times. Hopefully this round is real & successful

Yes. SCOMNET a pure tech stock

No Banks will provide re-financing or term loans facility if the company doesn't have the means or security to pay back. Under the new norm Bankers are more selective and careful in their loan disbursements { big cap application is under a separate committee to vet thru their application}

Cpo steering run in 2021 is expected to moderate in 2022 with prices staying between 3,200 - 3,500 per tonne based on current demand. Any hicup in either weather, production or uptake in India demand will further strengthen upside potential.

Caught in the same position. EITHER average down or cut loss. Tough choice but gloves are trending lower. We don't know how low is low. Just my own view

Downtrend

Downtrend

Biden will ensure DJ position. Biden already sounds out his intention to recpntest in the presidential election { making him in history the oldest candidate and president}

Keeping our hopes high for the qtr result announcement. Aimflex needs a booster shot

More shorties targetting rubber gloves

Next QR result is positive but after the SBB initiated by the company. Any dividend going forward?

Once transfered it's listings { Main Board } gives Supercomnet open up to more trade funds, banks, PRS, equity investment houses { currently unable to buy into the stock} due to certain individual policy limitations & restrictions

After hitting a high of 50+ sen this counter just give back all the gains

KNM has slip from 22 - 24 sen to current 16-17 { - 30%} all they licking thier wounds

Buy and hold strategy can only work for certain individual stocks and definetly not applicable across the board. Those who have bought Supermax or any other glove counters during glove golden days are still nursing thier wounds. The alternative view is buying now at 1.50 or 1.60 { how low can it go} vs those who have bought it earlier at 4.50-4.80. Investment always carries risk. The factor is risk vs reward ratio. Just my 2 sen worth. Not an advice to buy or sell

Look at the active counters list. DNex stands out. Slow and steady just wait for coming qtr result announcement

Errata : doesn't jell with the new voters

PH need to reset itself. Harping on the same issue doesn't he'll with the younger voters. Cone next year undi 18 voters will be decesive block of new voters.

Without disrespect to any sifu. SOP is not performing. Still stuck at the same price for the past 1 year { 3.60 - 3.90} hardly moved despite CPO sterling run from $3000 to 5000

Supermax learn from rival TG embargo. sales diversion from the US may hurt its ASP but contributions will still be positive.

Coming qtr result will be positive & with more upside Percentage of contributions from Ping petroleum { oil is at their highest betw USD 80 - 85, semi conductor chips demand is unparalleled, cash flush with recent private placements & warrants conversion. Not forgetting their IT segments and the Indonesia sub sea cables contract mainteance. Just be patient and you will be rewarded

The 2 year on/off lockdown has caused untold misery and economic hardship to millions of Malaysian. Economic destruction is definety of unparalleled in history. Business shut and closed, job loss, families forced into poverty, recovery will not be easy { when your savings and EPF is empty} job opportunities in the coming years will be tepid { bad news for thousands of school leavers}

Joe Biden admin placed alot of restriction and conditions on US shale producers.

After the private placement and coming quarter announcement. DNex will be rerated. Remember Foxconn acquired their block of shares at 90 sen. They are not green horn

Not eveyone have a crystal ball to tell the future. But we believed EEV has the potential and a game changer in the coming 3 - 5 years. Look at Tesla now! FOXCONN knows their game plan and Silttera fits right into EEV venture. This is the reason Foxconn bought the manufacturing plant for EEV ma ufacturing. Just my 2 sen

PP deal aborted because current market price 10-12 sen is below their PP target price scheme { even after the 15% price discount given}

Yup. My apology missed out of their announcement. Only read the SBB buy back

This kind of analyst pluck the TP from thin air.

The bigger Q? How low can SB go. From 2.00+ down to current 35 sen. Karim, Kadier, Awang all forced to dispose off their shares holdings in SD{ margin calls etc} at current price what else has the market has not price in. If EY report is not adverse then good chance for SD to ride out the storm. Karimand and it's partner have more to lose compared to others.

Wrong timing on their 150million gloves venture. Current gloves price app USD 35 - 40 per 1,000 pcs vs their projected pricing at USD 60-80. Pre covid outbreak gloves was selling at between USD 25-35. Looks like average selling price continue to be under pressure

Sbb initiated by company. No clear announcement on shares buy back policy

Oil prices trading above USD 85+ per barrel.High chips demand exceptionally strong. Order books fully booked till 2022/2023