Alliance bank valuations cheap but counter underperforming

Higher price for Ansell acquisition - indirectly beneficial for carepls shareholders

Daily day trade - {profit taking} is expected. Contra play"s normal. look at comfort gloves the same pattern {before jumping higher and higher week after week} just my own view

HLT is a glove dipping line machinery supplier { edge financial}. Thier subsidiary enters a agreeme t to distribute covid test kit. Many companies { China, Taiwan, Korea} supplying test kits. Our Health ministry is sourcing from 2 Korea companies but not China made test kits citing reliability issues. The test kit are unable to give a accurate readings or reliable test result { based on our DG explanations at the health ministry daily press briefings}

The EGM notice was issued on 17 April prior to MCO extension announced by PM yesterday evening. All proxy forms lodged previously lodged are deemed invalid { as the date of EGM changed} based on the notification issued 17 April last date for lodging is on 4 May { prior to MCO extension extension }

Japananese candlestick bar chart showed very bullish n strong uptrend signal. Keep our fingers crossed for more uptrend action with high volume and prices recorded. Or are unseen hand telling uncle starting his move. REMEMBER how li hen, Jaks, dayang jump

After tabung haji selling substantially thier stake holdings now epf turn selling . they
must know something we don't know

Glove counters are the real beneficiaries of this pandemic

The loan burden is Hugh. Despite the rights they are still facing cash flow issue. Without cash flow all business will fold

Go for the glove manufacturers underperforming and not overvalued counters. TG and Harta has jump 30% in valuations. KYY golden rules low PE, upward trend, 2 consecutive qtr reporting profits, turnaround counters still applies. just my personal view

Older companies always have the issue of adapting to the fast changing landscape. We have seen the 2nd or 3rd generations run companies trying to expand thier families run business into something new. WITHOUT the right expertise or going into another country dooinng business is big risk { especially using borrowed funds} in today landscape spells trouble.
NEVER invest in countries where laws can be changed or fundamental human rights never respected or sometimes mob rules prevails. We have witness how the 97-98 reformasi movement in Indonesia degraded into open rioting when hundreds and thousands of its own people murder by the rioters. History teach us something the politician never learns.

Petronas & major oil companies around the world are deferring or reviewing thier capex for this year and next year { oil prices has slumped 50%> from USD 75+ to below USD 28 - USD 30 price range. All O & G were be hit irrespective local or otherwise

B20 not feasible as a feedstock for biodiesel { much higher cross subsidy by government vs current low oil prices}

Yup. Just my own personal view. Big block of shares park prior to closing at noon. Only operators have the means to key in the big order. retailers have limited funds or resources

operators to accumulate sizeable free float market share prior to distribute stage. Best means to put up huge blocks to discourage buying plus multiple trading platforms.

Stay safe & stay healthy bro

No issue - we share what we know tq

There are certain things we can avoid and refrain from buying Hot tips { stri tly for trading not for investing or holding} certain stocks for dividend yields { eg reits} others for capital gains or longterm compounding. Above just my personal view always used believed trade within your means

Never I infavour of margin trading { despite KYY much taunting of margin miracle} banks and brokers are fair weather friends. they dump you and harass you once the good times disappear and harass everyday to top yp your margin before noon { if not force sell} always advise people play within your limits.

All listed companies have deferred their AGM, EGM etc due to MCO lockdown

Look at thier experience. PAS mp are inexperience when comes to running business. FGV is a mega corporate structure with multiple business. Tough times and uncertainty need experienced corporate entrepreneurs not politicians

KYY likes margin financing. Play big win big his motto

KYY got hit Dayang & Jaks

Dayang and Jaks are 2 clear examples when KYY was accumulating and prices was trending up { until the reversal he was still asking people not to be afraid and hold on despite the price reversal and unfavourable news cropping up}. Nevertheless always do your homework and read any articles with a open mind { any buy call or sell call by IB} need to understand the factors. some IB price targets are too optimistic { really wonder do they really know the current market conditions}

Top Glove {CEO} says all their lines unable to cope with the surge in demand. The backlog stretch till November. Expect all glove makers in the same happy dilemma. Carepls factory is no exception plus Ansell {the new partner}is big in the Europe market. The worst hit covid areas is Italy, Spain, UK and not forgetting Donald Trump { America} . Usage in public health care hospital jump 20 times based on CNN

Everything on hold with the MCO extended till 28 April

Lost 30%-35% of the market value since the rout

MCO extended till April 28
,factory closed sales halted

Clothing and stores will be worst affected. sales will be hard hit with MCO extended till Apr 28

MCO extended till 28APR

This is something we have not seen before. Nobody knows the market direction. But I believed and hope the market will normalised after the covid 19 is contained. Trade will be slow and demand pl may be lethargic { it will take time to recover} nonetheless wishing everybody a good Friday and keep our fingers crossed for better things to turn the market around

The slump in oil prices has hurt all producers. US, Russia 1and opec feel the pinch

Tsh estates have high yields. thier own palm clones " dolly plant" is easy to harvest unlike the older estates unable to get tall palm harvester. In addition their Kalimantan estates & Mills are located nearer to ports { easily accessible} unlike the latecomers where the estates are located in remote sites. worst still relies on third party Mills to process their estate'crops

Hopefully all the bad news already playout. Shares badly batter and hammer down by covid 19 rout. Majority of the counters down by 40% or more. Retail or IB ' s also hit

Companies with big planted acreage in Indonesia will be hit. With covid 19 outbreak and lack of medical facilities in remote areas and the outflow of migrant workers coming Raya [a social potential time bomb] Indonesia has reported alarming high fatalies rate among the infected

IOI dragged down by forex loss on USD denominated loans. Companies with USD denominated loans will be hit. Last year MYR trading at 4.09 - 4.10. March 31 MYR drop and depreciated to 4.38 - 4.40

HLB offering lower rates compared to Cimb

Genting resort closed 4 weeks after the MCO directive. F & B operators at the Hill resort suffering double whammy. Day trip visitor zero . RESORT NEW YORK casino closed in definety. USA is the world 's highest number 1 infection rate. EVERYONE is fearful

Cuti Cuti Malaysia becomes Cuti Di rumah. A lot of workers losing their jobs oming 2-3 months. Tough times ahead especially overseas countries all faced lock down and uncertainty. Tourism, hotels, travels are the most affected sectors

Those who have experience and seen the 97 - 98 currency crisis and the 2008 fall out are all survivors. Some are lucky some are not so lucky. Nonetheless I wish you all the best and hope I can ride out this turbulent times and emulate your lucky streak in profiting.

Only the brave dares mortgage his house to invest. I salute u for the bravely to invest during this difficult times

Carepls may be indirectly beneficiaries. Carepls manufacture nitrate gloves and related medical supplies. small but at the right sweet spot { this reason why Ansell wanted a share of their products} to market in European and US markets

Red zone and yellow zone all spike up. If lock down all places also kena. I believed government would target specific certain target areas

Problem is a key share holder continously disposing off their stakes. Last qtr result lower than market expectations. Dividend wise expect the minimal. Coming next few qtr { Mar-Aug} all expect negative with consumer sentiments plummeting plus the MCO lock down { Mar 18 - April 14} property developers are expected to be hard hit. Bank financing will be very selective during this trying times. Look at US mortaage loans fell to thier lowest. just my personal view on developers

We should slowly accumulate based on the following reason. We are facing a health epidemic not a financial meltdown. Us is pummpinng 2 trillion to support and support the financial system. Our own government pumps 250 billion as a stimulus package.. Yes we are facing a slow down fromm the covid 19 infection. Everybody is worried but I believed the whole world is trying their best to get a vaccine or antibodies for the outbreak. We can contain the outbreak. Recovery is coming but nobody can predict the timing. With thee ultra low oil prices inflation is zero coupled with the low interests environment. Just keep your finger cross and pray.. Just my personal take on the hammer down banking counters

change of date for EGM. Possibility of new developments

1ha/136palm
44000x136=5,984,000 palms

Genting shut down is hurting its bottom line. The current month long lock down (Mar18 - Apr 14) never happen before since Genting started operations in 1965. expect more headwinds and hiccups in in the next months. After effects on covid 19 and dire economic situation will affects Genting operations. Overseas { cruise liners under Genting} is bleeding

Glove counters outlook bright maybe with a few exception

Pbb really crash. Trading at $ 13 against previous high of $ 24. Old timers and retiress who stick with pbb really crush this round