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2020-12-09 00:17 | Report Abuse
Alibaba mentality in Malaysia. Other countries just direct nego, malaysian public hopes a private get rights to make money off them
2020-12-08 22:39 | Report Abuse
Why are people so free going around and running down different sectors hoping the sector they pick instead will start to get retailers attention
When the easiest thing is to be patient and join the crowd when it starts to snowball
2020-12-08 22:31 | Report Abuse
Only in Malaysia the public hopes an Alibaba gets the contract to supply vaccine instead of a direct deal
2020-12-08 10:49 | Report Abuse
A 20 cents quarterly dividend by TG will change how investors evaluate glove shares
2020-12-07 20:17 | Report Abuse
Only in Malaysia the public wants a middle man to make profit out of the public themselves
We are so used to alibaba
2020-12-07 15:18 | Report Abuse
People are in materials boom already
Steel, copper like tawin, sand like Ages, ytl and Hume industries for cement
Even Lynas up nearly 80% cause of materials price boom in rare earth
This uncle scammer still stuck in gloves
2020-12-07 14:11 | Report Abuse
Haih this stockwinner, current buying into Ytl is not us bilis. Rm 20 mil a day looks more like a fund or an existing shareholder
So better go sell your sell down story elsewhere, more effective
2020-12-07 07:36 | Report Abuse
It all depends on management which quarter they reevaluate their copper stocks in the balance sheet
A mark to market if you will
This sudden profit reporting was seen like the rise of Gold price and Poh Kong and Tomei churn good Qr reports
2020-12-05 08:24 | Report Abuse
Kyy is having a counter effect. With his constant buy calls, feels like another AT
2020-12-05 08:00 | Report Abuse
Not just the infra boys, but companies with large land banks or Johor based property players like KSL already minimum 30% up with all the infra speculation.
Plus a major infrastructure like HSR or Mrt3 is funded by multiple year budgets, not just next year.
Case in point is Gemas-Jb double tracking, next’s year budget still have to fund even though construction already 2 years
2020-12-04 12:29 | Report Abuse
If we look at Hume Industries which is a pure play cement, already up 50% in Nov.
Last year Cement ASP was less than RM 180/tonne so all cement players losing money
Last quarter ASP raised to RM 220/tonne so even Ytl cement arm reported about Rm 90 mil profit. Figures are in the latest QR
Currently ASP is close to RM 250/tonne and the construction boom is supposed to be next year
So moving forward cement companies should be like mini gloves early this year. A turnaround
2020-12-04 12:14 | Report Abuse
Cement guys, ASP is rising hahaha
2020-12-04 12:00 | Report Abuse
Tropicana would rather prop up Top Glove share price rather than pare down debts and pay less interest
What is the BoD doing
2020-12-04 11:57 | Report Abuse
It’s a glaring fact that Tan Sri has never used his own money to prop up the share price
Only TG sbb and now use Tropicana to defend the price
So fishy
2020-12-04 10:59 | Report Abuse
It is not healthy to even use Tropicana’s money to prop up shares. Very fishy
2020-12-04 08:41 | Report Abuse
China banned import of copper recycling
That’s the main factor that’s driving the copper price with the recovery in demand worldwide
2020-12-04 07:37 | Report Abuse
Hume Industries, the next largest cement maker after Ytl sudah naik 60% lo in just a month
Cement ASP is rising from last year low of RM180/tonne to RM 220/tonne last quater to RM 250/tonne currently
2020-12-04 00:02 | Report Abuse
Very high chance, but sure gotta JV with ppl
2020-12-03 21:23 | Report Abuse
Biden is going to drive green energy and renewables which benefits rare earths and copper
That’s why Lynas share is shooting up
renewable energy, an example of a boost in usage of copper is the usage of solar panels for wiring and as for transportation, beyond the potential in upcoming electric cars, the cars that are currently on the road also require a fair amount of copper wiring
2020-12-03 20:54 | Report Abuse
And 1st Dec Agm, share buy back approved again.
This is a company with market cap less than rm8b and cash hoard Rm 10b
Of course they have massive debts, but if they use part of cash hoard to purchase shares to be distributed back as dividends, longer term will drive share price
2020-12-03 19:51 | Report Abuse
Well asalkan ytl continue to recover then priority is the expiry date. Might take sometime to Rm 1.
So it all depends on your acceptable risk reward ration
2020-12-03 14:29 | Report Abuse
Hume Industries, a pure play cement company also rise 50% from 70 cents to RM 1.10
2020-12-03 13:06 | Report Abuse
Tak payah peduli the naysayers. Exercise your rights, if you don’t wanna take risk, sell then
Keep life simple
2020-12-03 09:58 | Report Abuse
Guys, it’s not just the HSR. Ytl controls close to 70% of cement. If steel play is up due to impending construction boom and industrial recovery, cement prices might return too
2020-12-02 16:18 | Report Abuse
RJ87, OR push to 3-4 cents, mother drop to 6 cents after exercise???
Looks like I am not the one living in the clouds.
Cheers, anyway some of us already profit multiple rounds from Fintec, so no need la condemn the company when make profit.
2020-12-02 13:00 | Report Abuse
This RJ87, share prices up suddenly say he got shares in Fintec
Spend one whole weak say Fintec bad zzzzzz
2020-12-02 08:14 | Report Abuse
Yes, it’s a long term buy. If have funds issue to subscribe or don’t want to, best to sell OR these two days.
2020-12-01 21:31 | Report Abuse
Lol RJ87, few days already keep hantam Fintec business model. Very unlikely la to get OR 0.005.
2020-12-01 16:23 | Report Abuse
Better not to chase and buy the OR guys. Just subscribe your free rights and enjoy the warrants
2020-11-30 21:34 | Report Abuse
Yes price adjusted already. Entitlement is a day later as they have to wait brokers send report. Then later give the rights in your cds account
2020-11-30 11:30 | Report Abuse
Hahaha, bursa got hundreds of companies with a couple of billion shares issued. Do u go around worrying about all of them?
The key worry for this counter is dilution
Assuming full subscription of rights, that will dilute its unrecognized ‘NTA’ to about 50 cents. But plus point is cash balance 0.04 cents per share
So we are looking at 30-40% cash up versus market cap
Boleh lah invest and goreng other counter lagi. If you don’t like this model, there are other bread and brick companies in bursa.
2020-11-30 10:15 | Report Abuse
Each rights require 8 cents to subscribe. Will have free warrants WC
Meaning after subscription to convert
Will have 1 Fintec and 0.8 Fintec WC
They are different. Rights is rights, warrant is warrant
2020-11-30 10:04 | Report Abuse
Cease to trade on 4th
So if you don’t plan to subscribe, best sell now
2020-11-30 08:49 | Report Abuse
In addition, KASB has received indicative queries from various third-party agencies looking to distribute to medical facilities, GLCs and other government agencies, amounting to 500,000 test kits. KASB is currently in discussions with various parties on concrete commercial agreements and will update the market accordingly.
Minimum rm 15 mil profit just from these kits. Problem now I guess is logistics.
The Gov wants 3 million test done on the foreign workers before the year ends
2020-11-30 08:23 | Report Abuse
Well, I did the subscription for KGroup recently. Sitting on handsome profits. Yes there will be some selling pressure initially due to weaker holders moving on to other companies
2020-11-29 23:07 | Report Abuse
Hubline WC look cheap now with the expiry of WB
2020-11-29 21:01 | Report Abuse
So I guess those still waiting to buy at RM 2 are still waiting..... lmao
2020-11-29 12:44 | Report Abuse
Yeah some of us already multiple rounds profiting.
Of course there’s no certainty of profit in any counter, don’t have to listen to those screaming TP 0.50
2020-11-29 10:51 | Report Abuse
Oldie99, sell the current mother and use proceeds to subscribe rights. U get the same amount of shares and additional WC at the end. So simple
2020-11-29 00:05 | Report Abuse
Let’s see how bad the vaccine link counters will drop since the Malaysian gov has decided on Pfizer and Covax. That will drive back money to other sectors
2020-11-28 23:41 | Report Abuse
Well one of the largest beneficiary of ESOS 3.5 cents is Fintec
2020-11-28 23:10 | Report Abuse
He wrote multiple BUY CALL articles
And sold on the peak
2020-11-28 23:02 | Report Abuse
Kyy bought and made good money too
Key difference is we don’t make good profit out of it and then churn negative articles about it in less than 48 hours. That reflects badly on the person regardless of motive. He might not have motives to buy cheap, but still there is no need to crap talk after posting many articles on why it’s a good buy call
2020-11-28 22:52 | Report Abuse
From Day 1 a lot of people made good money. Some have taken good profit out of it
All the best for those still invested
2020-11-28 18:48 | Report Abuse
Malaysia’s agreement with Pfizer void if Covid-19 vaccine fails to be registered with FDA, NPRA — health DG
Is the Chinese vaccines going for FDA?
2020-11-28 18:21 | Report Abuse
For the newbies, If you feel there is a lot of risk and are influenced by the naysayers.
Best way is to sell the mother now. Even if you sell it for 0.10, please use the raised funds and subscribe and pay 0.08
The WC minimum would be worth at least 0.015/0.02 assuming Fintec mother is below 0.10 in December when all the subscribed rights share float
Don’t lose this opportunity to make easy money
2020-11-28 11:06 | Report Abuse
That’s the thing. Why do people have to talk negative to buy cheap. Uncle buy at market price
Stock: [TOPGLOV]: TOP GLOVE CORPORATION BHD
2020-12-09 13:34 | Report Abuse
Looks like it’s dividend every quarter since this is the First Q of new financial year
Nice nice