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2020-07-14 08:49 | Report Abuse
It would be very silly to ignore the trend of the future..Gloves are needed and may become necessity in all sectors and if HLT truly set itself as the main dipline supplier, then there is no shortage of business opportunities.
"Top Glove Corp Bhd*, the world’s largest glove maker, said it is set to build two factories every year to keep pace with global demand for rubber gloves, amid increased usage in the medical industry and heightened hygiene awareness among people due to the Covid-19 pandemic."
2020-07-14 08:45 | Report Abuse
Even if they are investing now, it means profit will only come in after the building is up. There are so many unknowns not yet answered. No point speculating.
2020-07-13 16:08 | Report Abuse
dont waste time on wb when mother share so cheap
2020-07-13 09:15 | Report Abuse
once this is done, then you can see real action
2020-07-10 09:33 | Report Abuse
how long can it remain at 0.055? If you dont borrow, beg, or steal to buy this stock, just acquire and leave it in cold storage. What goes around will come around. No need for negative spins. DJ dropped. What do you expect?
2020-07-09 18:02 | Report Abuse
Tomorrow or latest by next Monday, some interesting moves are in store if the charts are right. Stochastics are indicating that it is bottoming out just like the time prior to its steep climb. If you are hoping for a big catch, perhaps a diligent attention is needed
2020-07-09 18:00 | Report Abuse
It will probably sidewind from 0.43 to 0.46 and back. Dont hope for much this week or next. It has gone into the dormant state prior to its rise from sleep. At best, this is still a much discounted price - which, taking its 20sen premium, should be about 0.49 to 0.50. If you have earned back what you initially lost, the Gods are already kind. If you have betted more than you should earlier or bought at higher prices, and cant afford to cut-loss, maybe wait for opportunity to average down. In the lack of new indicators, the charts are already showing a lacklustre climb for this warrant
2020-07-09 15:49 | Report Abuse
Volume is this counter's greatest challenge. When it was surging, you will know by 9.30am. Usually the warrant will show some excitement and by day's half, the mother share will take the lead till close. Today, it is as flaccid a wet rope.
2020-07-09 15:10 | Report Abuse
Action has begun..
2020-07-09 15:04 | Report Abuse
only 2.5 sen dividends
2020-07-06 16:04 | Report Abuse
Fish fries taking profit at 0.48. Once they are wiped out, then this stock will move. If not, it will be a tug-o-war game between them and your hopes
2020-07-06 16:02 | Report Abuse
@bizzybone
Yes, I think tech is new normal
2020-07-06 15:43 | Report Abuse
@bizzybone - thanks for the update. I am surprised at the jump from coal to this. It is a perfect move.
2020-07-06 15:29 | Report Abuse
HK Beidou - read IoT. This is the new normal and plunge society onto a new tech age.
2020-07-03 12:25 | Report Abuse
fair price for mother share is about 80sen. son is about 60sen. but likely it will be back to only 55sen at best.
2020-07-02 08:41 | Report Abuse
https://www.thestar.com.my/business/business-news/2020/07/01/bank-islam-partners-tnb-to-provide-financing-for-solar-pv-ownership
there, another reason why solar companies are getting attention, aside from RE funds from overseas investing in them
2020-07-02 08:17 | Report Abuse
To understand yesterday's rise is to look at yesterday's numbers. Between 0.12 to 0.14, only one buyer snapped up all. Or max not more than 10 buyers. It could be someone trying to have a backdoor control of shares or institutional buying (foreign?) - who knows.
News from the Edge:
"“Lately the [solar power] sector seems to have garnered positive sentiments especially from the Government. Last week TNB (Tenaga Nasional Bhd) awarded contracts to two companies for solar-related projects. This bodes well for the sector,” he told theedgemarkets.com when contacted."
Now this might be the reason for the surge initially. Otherwise it is something unexpected until the company announces it. So enjoy the ride folks
2020-07-01 16:14 | Report Abuse
https://www.thestar.com.my/business/business-news/2020/06/28/matrix-concepts039-residential-bookings-jump-45-during-mco
Cheap quality houses in strategic areas. No wonder it profits. Maybe bonus shares coming, who knows
2020-07-01 10:35 | Report Abuse
Earlier post was on the HLT-wa because the volume of the son determines the mother because of the discounted price as noted in this run.
2020-07-01 10:28 | Report Abuse
@midzurll19 @YTH888 Yeah! .
I think the 0.435 was its turning point. If prices go further than 0.475, that point is confirmed. It will go up again when panickers realise their folly. But it is not a crime to take profit or cut loss. As long as you dont feel guilty or kick yourself afterwards
2020-07-01 10:04 | Report Abuse
@midzurll19 @JT5775, good morning! So it's pretty much like a resistance, I guess?
I think yesterday's sell-down was merely panic anticipation. No change in fundamentals - in fact with the worrying trends in the US and Europe as well as new possible marketing positioning of gloves, to think that gloves demand will plummet in the short-term is illogical.
Yesterday's fall could be due to an article in a business paper about glove prices dropping. I feel that the article merely was based on observational analysis. Today, we could see this getting a second wind. Just gut feeling. Stochastic chart looks promising.
2020-06-30 12:29 | Report Abuse
Yes, it just did. One minute before closing. Afternoon will be something to watch for. Good run today!
2020-06-30 12:27 | Report Abuse
I think it can touch 0.50 by lunch or after lunch and close comfortably at 0.52 or 0.55 with increased buying volume
2020-06-30 12:26 | Report Abuse
It has breached an important Fabionacci level @ 71sen. Next level to test is 84sen.
2020-06-30 10:51 | Report Abuse
Rubberex volume just increased and I think the market is back.
2020-06-30 10:17 | Report Abuse
https://www.theedgemarkets.com/article/rubberex-1q-net-profit-rises-47...
HLT has gone unnoticed by the market that it has a subsidiary making rubber gloves with 1 bil pieces annual capacity which is similar to Rubberex and 25% of Careplus capacity.
Now who says the glove business is in its plateau.
2020-06-30 10:05 | Report Abuse
It has breached 0.48 today, next stop, looks like 0.54. The momentum is strong according to the charts bu volume is not high yet. At its height months ago, if you recall, momentum was at least 10 times today. But the day is still young. So let's watch
2020-06-30 09:50 | Report Abuse
Wow, no wonder it is flying. If RE funds are eyeing it, at least it is worth 0.10 now.
2020-06-30 07:57 | Report Abuse
Today will be interesting. The charts augur well. The rise will probably continue. Good luck everyone.
2020-06-29 10:37 | Report Abuse
Gloves are unique - we are all here talking about glove use as in medical utilisation. Eventually, this will be the norm of most service industry, be it food and beverage or others. What the market is seeing is demand for prophylactic use of gloves. We have not even scratched the surface of social use of gloves - i am sure creative companies will find creative ways to market their products and expand market mix and profits.
2020-06-29 10:25 | Report Abuse
Market still uncertain. Once that uncertainty breaks out into a rise, it will be so fast that you wont have time to catch your breath. Over the last two weeks, you saw the slide. Look at the chart now. Overbought and sensibility will kick in soon. It's a wonder directors of the company do not have the integrity to defend its own shares - i would imagine that they would have increased their shareholding to mop up the additional shares created by warrant conversion.
2020-06-29 07:44 | Report Abuse
Comrade-at-arms. Today as you opened your computers and handphones and look at your stock of this counter, I'm almost sure you'll be disappointed. The price has dropped to the low the mid 30sen last week. Is it unexpected? Actually no. Charters will tell you that it's foreseen. But the market uncertainty confirmed it.
If you are looking at the charts today, you'll see that it's heavily oversold. You don't have to be very smart or to know charts to understand what happens after the oversold stage.
You need to ask yourselves if the gloves industry will see better days. What do you think? So far, all the glove stocks rose because of the confidence in demand - that healthcare needs are spiking. And the same stocks got trashed because in many countries, Covid 19 is beaten.
But did anyone think for a moment that there is a larger demand for gloves that have not been explored when services and industries open? Housewives, people working in food industries, and if you put on your thinking cap, I'm sure you can find new uses for gloves.
Do you think the manufacturers, with their creative marketing team, will leave these areas of profitability unexplored?
2020-06-26 12:06 | Report Abuse
Some consolation from this old man KYY:
https://koonyewyin.com/2020/06/25/glove-stocks-are-dropping-what-you-should-do/
2020-06-25 16:06 | Report Abuse
@
azeera https://klse.i3investor.com/blogs/muze/2020-06-12-story-h1508757128.js... wrong room. Go to AT forum
2020-06-25 15:52 | Report Abuse
As you can see, new buying opportunities are opening up for the already discounted warrant. At 0.38sen, if you decide to convert, you only pay 0.58 to acquire the mother share. This is the discrepancy shareholders of mothershare will have to contend with. Mother share at moment of writing is 62sen.
As it is, waiting at 35sen is not too late.
2020-06-25 12:46 | Report Abuse
At noon today, some things to take note of:
1) Volume is less than 10 mil (at its height, it was 30x that number)
2) Stochastic Oscillator K%D is now below 20%
3) 14-day RSI at 30% line (OVERSOLD)
I think it is bottoming out but since this is already second last day of the week, very unlikely will there be any major movement unless something unearthly takes place
2020-06-25 12:12 | Report Abuse
he means spammer - you spam this page with news
2020-06-25 09:53 | Report Abuse
At current 64.5sen, warrants (minus 0.20 premium) is cheaper now at 0.41. The warrants are currently oversold, almost at the bottom of the Stochastic 20%line. Mothershare too is almost there - and fundamentals being constant, all who have run out of extra cash, should just do themselves less emotional damage by not checking in.
2020-06-25 09:49 | Report Abuse
Looks like those holding rights, to get 2 warrants, will have to subscribe to 3 shares @ 3sen. Should be cheaper to buy from market.
2020-06-24 12:48 | Report Abuse
Take a breather guys, spending time look at the boards is useless unless you are scouting. Nothing much will happen possibly till month end.
2020-06-24 10:13 | Report Abuse
@air01557 Fair value 62 sen. With better result anticipated next Q that should be the entry price.
How do you derive at this fair value?
2020-06-23 14:26 | Report Abuse
@bone .. I think possibly a deficient marketing department. Or market intelligence did not anticipate the severity of Covid. Dont forget, China only announced the epidemic in January and between that and March was the Chinese New Year celebrations. By the time they wanted to crank up production, Covid was here and everything was kinda messy. Be that as it may, we are looking at facts here - their profits are good. If this does not knock sense into the most discerning investor, then what gives? People say, Show me the money and it's all there in the report.
2020-06-23 12:42 | Report Abuse
I am just analysing the statistical values - not presumed value, so I dont know. My guess is HLT does not have a good investor relations department, and so the good things, if any, do not find its way to the shareholders. This is as bad as having a badly run accounting department.
2020-06-23 12:34 | Report Abuse
@PrinceofIpoh.. Last day OR trading - meaning tomorrow can see beyond 0.05?
Stock: [PDZ]: PDZ HOLDINGS BHD
2020-07-14 09:24 | Report Abuse
Looks like buying herd is stronger than anticipated as the charts show