RMCO opens up more economic sector. Should be good for KLCi stocks. Low interest rates and Central banks pumping in trillions to revitalise the economy. Expect a V shape recovery

Glove stocks & related healthcare is trending higher. IB's and fund houses are buying into this stocks. Even unit trust are locking in for long term. Just my 2 sen worth

Umno { ah jib gor} plotting his comeback not TDM. I will return

a disappointment for K1 { trended lower} × whereas others K+, HLT all gloves rebounded

NO risk no gain. Ultimately there are many aunties { just park thier $$$} in their bank. Happy getting 2% per year without realising inflation is double the rate. Everyone has his or her own risk
gauge. Nobody get rich by sitting on his $$$° this is the reason why entrepreneur take the risk to start a business

Today maybk platform ok

Profit taking after yesterday price hike. Monday is a public holiday

Previous insurance claim by Eko Wood factory { TSH subsidiary} amounted to 47million plus. TSH in their press released said the factory is fully insured. Extend of the damage not know { at this point of time}

LTAT { armed forces retirement fund board } PN government must ensure higher dividends to make the servicemen happy. Their votes & relationship is important

Cover warrants are issued by IB's to make $$$ based on thier forecast.

KWSP has aggressively buying sand trading this shares beginning of this year. Total accumulating net position around 14 - 15 million shares in the open market { filings thru Bursa} KWSP is a substantial shareholder { holding around 13.8 %} Free float is limited if you add on the other interested parties

LTAT proposal to take Bstead private at 80 sen apiece but counter still listless despite Board confirming the news

Alliance and affin are the smallest 2 commercial banks with minimal Cars financing. Pbb, cimb, ammb, Maybank all have sizeable hp loan portfolio. Alliance bank are more into SMI financing

Bousteas Holdings { major shareholder of BPlant } used to trad around $5 plus. Now is only 66 sen. LTAT wants to take it private { same goes for BPlant { make sense to privates both } ×at this low valuations

Lately K1 was in the news { US FDA approval} their Ventilator approval for Covid 19 treatment. This low cost ventilator will be used in the US and K1 has the tied up {agreement} till 2024

Margin financing is a double edge word. Not advisable for inexperienced plsyers

DT { US} prefer other suppliers. He is shunting China companies

All glove related counters make a u turn { due to certain banks margin cap on 6 big cap glove counters} sentiment was dragged down but Bursa lifted by sharp gains on O & G and banking stocks. Among the active list K1 was the exception with sustain buying interest.

FDA { US} approval for K1 ventilator is a big plus. K1 also distribute full range of PPE ( face mask, surgical mask ) look at their website

Share margin only for big glove producers { TG, Harta, Kossan, Super, Comfort, Rubber} etc

Glove counter financing or borrowing's { margin account} need to regulate by end June [ not immediately] normal pledge securities [share] max around 50 % to borrowers. TG, Harta, Kossan, Super, Comfort, Carepls has sky rocketed betw 40- 50% the last 7 - 8 trading days. Pullback on the
Quantum amount pledge is normal. They discourage people from over leverage on their margin ac ount. Imagine TG at $10 now skyrocketed to 15. The margin likewise increased from $5K. to $7.5K per lot. With the revised financing now the fig adjusted to 5.25K per lot. Individual banks have their own calculations. Difference is minimal { provided you have not maxout your limit}

Started their run up in early May { from 90 sen to current 2.20} plenty of bullets. K1 just bangun

No. which bank you are using? Margin financing or loans?

Bursa regulations below $1 limit is 30 sen. Above $1 stocks 30 %. Happy K1 hit first target price 60

More upside for K1 based on NASA {US approval} FDA covid 19 treatment approval

K1 16 AGM fixed 29 June. Can get some guidance from Board on the upoming qtrs result { Apr - Jun}

Aim higher { K1 } others e. g. carepls jump from 40 sen to 1.80. K1 medical segment encompassed all PPE { check out thier K1 website}

A lot of block trades {500 lots>} transacted plus direct trades thru IB's

Buyer's from our southern neighbour placing bulk buying orders. They missed out on TG, Harta, Super, Comfort, rubber. They don't want to miss this theme plays. Only our bursa have majority of this glove producers and medical cares providers. SGX have thier tech, finance, China stocks only

IB 's coming in for rotation plays { related beneficiaries covid theme plays} look at the spike in volume.

Last day for May trading. Window dresssimg

QR result forthcoming { keeping fingers crossed}

Optimistic prospect based on above report

Wait and see. DJ is bullish

Yup everybody is cautious. Look at the prices of TG, Super, Comfort or Carepls { rise is spectacular} compared to HLT. Agreed with Registered ID any pullback on glove producers will drag HLT along trade within your means

Moody downgrade Genting. Most IB's have a sell call. Pb price target lower to 2.00

Petronas slashing it's operating capexp budget by 21% { due to market uncertainties} downstream operations reporting a loss. this will affect our local O & G contractors

Long weekend break market muted

New norm is to have face mask, gloves plus face shields in the service and health care sectors. whether MCO is lifted or not

Yup. Long term don't expect a v shape recovery. Maybe 2021 or 2022 when pandemic is less severe. We are facing a economic, political uncertainty plus a pandemic outbreak { treble whammy} for the first time. BIG ticket items will be worst hit

Glove's producers a gold mine for investor

Tsh up after 2019 annual report out

Zzzz sleepy counter finally wakes up

Private placement means investors have confidence in the company. Pricing is higher then average traded price in the past 1 week. Management guidance or diligent study { prior to the placement} added more bonus points

CP group in Thailand is very very big. They buy over Tesco operations in Malaysia and Singapore. VERY soon Tesco will be selling only CP eggs

Old article rehash as new

Every lab claims thier vaccine or anti viral drug is coming. Look at US, Europe, Russia

Epf keep disposing

Pbb drop like a rock { from $23+ till $ 15 +} 35% percentage worst performance against KLCi or Maybank

Money shifted to O & G