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2020-10-02 17:28 | Report Abuse
As at closing today, kanger still showing bearish momentum. Brace for continuous downtrend until sign of reversal.
2020-10-01 22:09 | Report Abuse
Buying into gloves stock is unavoidable for the smart investors. Which businesses have 100% capacity ordered up till 2H2021 even if pandemic improves? And if pandemic got worst, ASP will go up and profit will skyrocket. Either way, it is flying.....the question is only how high will it fly.
Comparitively, we dont know know when the other businesses will announced closing shop.
2020-10-01 19:55 | Report Abuse
AA and UA announced potential layoff of more than 30k soon if no govt assistance. Airlines in ICU now.
2020-10-01 19:53 | Report Abuse
The trend of spreading getting higher daily. Talks of renewed total lockdown is getting louder. Can Malaysia economy take it? Can our big conglomerates take it as well? There is only one sector that will strengthen, ie gloves.
2020-10-01 19:53 | Report Abuse
The trend of spreading getting higher daily. Talks of renewed total lockdown is getting louder. Can Malaysia economy take it? Can our big conglomerates take it as well? There is only one sector that will strengthen, ie gloves.
2020-10-01 19:52 | Report Abuse
The trend of spreading getting higher daily. Talks of renewed total lockdown is getting louder. Can Malaysia economy take it? Can our big conglomerates take it as well? There is only one sector that will strengthen, ie gloves.
2020-09-29 11:11 | Report Abuse
stanley already headache today at court. if he reads his forum here now, he will sure get migrane.
2020-09-29 11:06 | Report Abuse
me too aizaclunk. Just that see no light now for AT and decided to opt out.
2020-09-29 11:02 | Report Abuse
Empty vessel makes the loudest noise
2020-09-29 10:59 | Report Abuse
All the best then. I just cut loss. Painful but life have to move on :-(
2020-09-29 10:54 | Report Abuse
Please find out on the number of new lines TG, Supermax, harta, kossan, carepls and the entire gangbang is putting online now as we speak. If we are robust about glove biz, I am just thinking why AT where their biz is not even in gloves mfg before? Why take the path with the most perils?
2020-09-29 10:33 | Report Abuse
Please allow me to share some reality for MMAG.
1. The bearish momentum is still very strong. Potential for further downside is high.
2. What is the fundamentals of the company to say that at current price, it is trading at cheap PE? If there is no fundamentals to based our case, how do we think the share will rebound and go up.
The biggest problem is now there is a group of investors stuck by buying high. Making the obvious choice is always the hardest but it may turn out to be the wisest. All the best.
2020-09-29 10:25 | Report Abuse
Everyone talking about AT foray into gloves and thus buy into their share. If we feel gloves biz will still be going strong, why not invest in the real gloves company? Why choose the riskiest gloves exposure by taking this path?
We cant argue that the big gloves company are too expensive now. They are trading a fair PE now. Comparitively AT is more expensive to buy into just for gloves exposure.
Something for us to think about.
2020-09-29 10:14 | Report Abuse
Technical chart is showing this counter is getting bullish now. And its trading way above its moving average.
2020-09-29 10:09 | Report Abuse
Armada books are strong. But O&G industry is badly affected by current environment which are expected to be largely unchange until 1H2021. We invest into armada based on their fundamentals. Don't expect it to start moving fast in the near term. This stock is and has always been like an elephant. In the long term, upside is bright.
2020-09-29 10:01 | Report Abuse
The recent talk about 2nd wave of retrenchment comes as no surprises. Investing into AA stock is highly speculative now. The industry is not even near any recovery. Of course words coming out from the company have to be positive. But as an investor, we must be wise enough to know no one is flying right now. Most borders are still close. When traveling curb start to ease, are we expecting everything to go back to previous level overnight? if not, maybe its more prudent to buy into AA when things are clearer. It's not too late to buy when we are sure the biz is coming back.
2020-09-29 09:46 | Report Abuse
Please look at their financials for the last few years. Why buy into a severely loss-making company hoping for the one day sudden jump in their share prices? This is no diff than buying 4D. Numbers dont lie. They are in red and the company has no idea how to get themselves out of the rot. You can invest as long as you are very clear the funds you have is to do investment or for punting. Good luck guys.
2020-09-29 09:40 | Report Abuse
I have cut loss on this stock. It was another tuition fee that I have to pay because I didnt follow my trading principle. Never buy a money losing company with promise of turnaround. It is never too late to start buying when they have showed consistent profit for 2 quarters. Well, am moving on. Good luck AT in your future endeavours. Maybe we meet again if your management can get it right.
2020-09-17 18:10 | Report Abuse
A fews days ago harta gave a damn positive announcement.
Today, at investor briefing with riverstone also share great positive news and trends.
And then TG, the world's largest glove mfg, announced a historic results.
After that market crashed.........sad life!
2020-09-17 12:11 | Report Abuse
Agree with you humongainz. That's why important that we find the best among them to invest in.
2020-09-17 12:08 | Report Abuse
My 2 cents worth on glove counters.
Currently all the gloves players are building new production lines to cater to overwhelming demand. It takes 2-3 months to get the production lines going. Therefore, we can expect their quarterly results to keep going up strongly as new lines come online. Please bear in mind that these companies are not going to invest into new production lines if they expect to monetise from it for only a few months.
With or without vaccines, the backlog has to be fulfilled. Therefore no dip in sales volume expected.
Malaysia is lucky to have all the major gloves players. This gives us the opportunity to play. If you invest long term, you should see profits. These are not stocks for speculative play at current price point.
Now the challenge is to decide which company to invest among them. All of these companies have chinaman mentality. Some owners are unscrupulous. You need to bet on the right horse. Good luck everyone. Let's not go down history as Malaysians who failed to make a single sen from gloves boom because there will likely not be a next time.
2020-09-17 12:07 | Report Abuse
My 2 cents worth on glove counters.
Currently all the gloves players are building new production lines to cater to overwhelming demand. It takes 2-3 months to get the production lines going. Therefore, we can expect their quarterly results to keep going up strongly as new lines come online. Please bear in mind that these companies are not going to invest into new production lines if they expect to monetise from it for only a few months.
With or without vaccines, the backlog has to be fulfilled. Therefore no dip in sales volume expected.
Malaysia is lucky to have all the major gloves players. This gives us the opportunity to play. If you invest long term, you should see profits. These are not stocks for speculative play at current price point.
Now the challenge is to decide which company to invest among them. All of these companies have chinaman mentality. Some owners are unscrupulous. You need to bet on the right horse. Good luck everyone. Let's not go down history as Malaysians who failed to make a single sen from gloves boom because there will likely not be a next time.
2020-09-17 12:07 | Report Abuse
My 2 cents worth on glove counters.
Currently all the gloves players are building new production lines to cater to overwhelming demand. It takes 2-3 months to get the production lines going. Therefore, we can expect their quarterly results to keep going up strongly as new lines come online. Please bear in mind that these companies are not going to invest into new production lines if they expect to monetise from it for only a few months.
With or without vaccines, the backlog has to be fulfilled. Therefore no dip in sales volume expected.
Malaysia is lucky to have all the major gloves players. This gives us the opportunity to play. If you invest long term, you should see profits. These are not stocks for speculative play at current price point.
Now the challenge is to decide which company to invest among them. All of these companies have chinaman mentality. Some owners are unscrupulous. You need to bet on the right horse. Good luck everyone. Let's not go down history as Malaysians who failed to make a single sen from gloves boom because there will likely not be a next time.
2020-09-17 12:07 | Report Abuse
My 2 cents worth on glove counters.
Currently all the gloves players are building new production lines to cater to overwhelming demand. It takes 2-3 months to get the production lines going. Therefore, we can expect their quarterly results to keep going up strongly as new lines come online. Please bear in mind that these companies are not going to invest into new production lines if they expect to monetise from it for only a few months.
With or without vaccines, the backlog has to be fulfilled. Therefore no dip in sales volume expected.
Malaysia is lucky to have all the major gloves players. This gives us the opportunity to play. If you invest long term, you should see profits. These are not stocks for speculative play at current price point.
Now the challenge is to decide which company to invest among them. All of these companies have chinaman mentality. Some owners are unscrupulous. You need to bet on the right horse. Good luck everyone. Let's not go down history as Malaysians who failed to make a single sen from gloves boom because there will likely not be a next time.
2020-09-17 12:06 | Report Abuse
My 2 cents worth on glove counters.
Currently all the gloves players are building new production lines to cater to overwhelming demand. It takes 2-3 months to get the production lines going. Therefore, we can expect their quarterly results to keep going up strongly as new lines come online. Please bear in mind that these companies are not going to invest into new production lines if they expect to monetise from it for only a few months.
With or without vaccines, the backlog has to be fulfilled. Therefore no dip in sales volume expected.
Malaysia is lucky to have all the major gloves players. This gives us the opportunity to play. If you invest long term, you should see profits. These are not stocks for speculative play at current price point.
Now the challenge is to decide which company to invest among them. All of these companies have chinaman mentality. Some owners are unscrupulous. You need to bet on the right horse. Good luck everyone. Let's not go down history as Malaysians who failed to make a single sen from gloves boom because there will likely not be a next time.
2020-09-17 12:06 | Report Abuse
My 2 cents worth on glove counters.
Currently all the gloves players are building new production lines to cater to overwhelming demand. It takes 2-3 months to get the production lines going. Therefore, we can expect their quarterly results to keep going up strongly as new lines come online. Please bear in mind that these companies are not going to invest into new production lines if they expect to monetise from it for only a few months.
With or without vaccines, the backlog has to be fulfilled. Therefore no dip in sales volume expected.
Malaysia is lucky to have all the major gloves players. This gives us the opportunity to play. If you invest long term, you should see profits. These are not stocks for speculative play at current price point.
Now the challenge is to decide which company to invest among them. All of these companies have chinaman mentality. Some owners are unscrupulous. You need to bet on the right horse. Good luck everyone. Let's not go down history as Malaysians who failed to make a single sen from gloves boom because there will likely not be a next time.
2020-09-17 11:49 | Report Abuse
Currently the counter is highly speculative. Be careful as I believe the business fundamentals dont support current price. If no news come out, price might normalise back to its previous value. Good luck guys and gals if you are in. Hope it turns out well for you.
2020-09-17 11:46 | Report Abuse
Those intending to play contra, have to depends on luck coz many also waiting to sell when its up coz got stuck after last few weeks drop. Mid to longer term investors, its going to be a good buy for sure.
2020-09-17 10:04 | Report Abuse
Let me try do a comparison for those who worried vaccine come, gloves dropped.
Today we got contraceptive. Do we see condom demand drop? hehehe
2020-09-17 09:41 | Report Abuse
Look at the biz and fundamentals of the company that we want to invest in. Fashion and non-groceries retail industry is badly hit during pandemic. Full recovery will take a long long time. What has parkson done any differently to warrant share to jump x2-3?
2020-09-16 15:44 | Report Abuse
TG will continue to show increase in revenue and PAT every quarter as they are aggressively adding new production lines now. Most of the lines will take time to commission and we shall see more revenue realization in the coming months.
Every production lines take time to have ROI. Even manpower contract also 2 years. TG wont be investing they dont see demand to maintain or grow over the next 2-3 years.
Stock: [TOPGLOV]: TOP GLOVE CORPORATION BHD
2020-10-02 17:31 | Report Abuse
TG is still on a sideway move despite regaining some foothold today. Momentum not seen yet :-(