https://www.klsescreener.com/v2/announcements/view/3149317

Fuyoh, another 5million shares bought.... rm10mil is spent... really pushing this up...

lets see if today any share buy back and how much is the share buy back... if 15mil share buy back, then confirm this can go to RM4.5 instead of RM3.4....

plus all other gloves also come back....

tomorrow break 2.2 and 60million volume... my 2 cents...

probably bought at RM2 or above RM2 few days back... scared already...

probably at 1.89, another round of SBB is in action?

Trump's oil pump coming...

https://www.marketwatch.com/story/trump-seeks-to-add-75-million-barrels-of-oil-to-strategic-petroleum-reserve-amid-historic-price-crash-2020-04-20

US will buy the remaining April oil contract....

Then when MAY comes, it will hopefully absorbed by US economy which will kick start.... + Russia and Saudi will cut 20million barrels per day...

another effect:-
https://www.aljazeera.com/ajimpact/trump-blocking-saudi-oil-imports-prices-crash-200420230918731.html
trump will block Saudi oil...

re: Newplayer... today article is very good ler... 50% discount.... very good title...

pang my chart last time... printed from i3 chart...

https://pasteboard.co/J4bAdLN.png

3.2 to 3.4..... that's the gap to close

re: pang, I did an analysis to see where is the peak....
1) 2017 to 2018 sharebuyback - 15mil before bonus (or 30mil after bonus depending how u want to count), last price sharebuy back is RM1.95 and it ran all the way to RM4.5. (130% gain)

2) 2020 sharebuyback - 15mil so far (which is half of 2017), if assuming no more buyback... so means 65%, last buyback price if 1.95 => inital target price 1.65 * 1.95 = RM3.21 :)

if today another 15mil share buyback, then the next sky limit is RM4.5 (130%)....

Based on sharebuyback, we can guess Dato's peak...

pang72 This rocket is in unchart level...
Dato will decide the peak!!

wah Pang is god man.... zhun zhun say after 11.30am... really know the boss behaviour... :)

re: Newbie
1) Contact lens - not sure during coronavirus now, is the manufacturing operation allowed? But think post MCO, should not be a problem for 50% operation as mostly automated
2) In US, due to pple not dare to go out, a lot of customers have turned to buying contact lens online... so it is a beneficiary i think, but still need to see the results to know if it really is doing ok.

yah, need 60mil.... but good volume to follow thru on Monday....

wait for monday....

i don't think they have intention to break 1.99 at all...

Since Dow jones futures is up so much.... +700... i think tonight DJIA will close high... that could also mean, the likely break above 2 will be Monday.... coz, the news of Dow Jones positive is everywhere in the news....

yah, that's why i hilited... netx... of all counters... 4.1billion shares counter... fuyoh...

aduh, he is preaching luxchem....

wah he went netx, rubberex, comfort now supermax... haha today rubberex no goreng, maybe thats why come to supermax here preach... haha

I have put together all the big 4 charts from bonus split to now... with each one aiming to do another round of bonus split again... if the result is good...

Harta
https://pasteboard.co/J4bzapR.png (34% from peak)
Topglove
https://pasteboard.co/J4bzCCH.png (74% from 1st peak, 100% from 2nd peak)
Kossan
https://pasteboard.co/J4bzVvS.png (61% from 1st peak, 65% from 2nd peak)
Supermax
https://pasteboard.co/J4bAdLN.png (78% from 1st peak, 123% from 2nd peak), calculated based on RM1.97 before noon break)

Please feel free and fun analysing these charts.... based on this, longest already not yet bonus split is harta, next is kossan, next is topglov, last is supermax.... so guess this time will be same as well?

Topglove and supermax presents the biggest potential... but will likely take at least 3 to 6 months more time than the rest...

1) This FY haven't announced any cash dividend... not even interim... so likely share dividend... not sure what is the quantum... previous final dividend was 25 to 1.... this time can give more?
2) buyback also is to prevent other companies take over... it's so cheap... RM2b for a company doing PPE for the world....

gone are the days supermax is part of the big 3... now just need to wait for them to shoot then only can follow....

Recently bought rm20mil land to expand, now spend rm30mil buy stock... so much of money... almost rm50mil spent ler... wah banyak kaya...

Wah sharebuy again.. used rm11mil to buyback.... total 2 days almost rm30mil... 1 quarters net profit ler...

uncle already mentioned low PE gloves... what a good hint... :)

Bullballs Uncle is likely playing more than one glove counter. Thats why he is not telling which one. but he is currently dont have enough money to play harta, topglove and kossan

lol

Then, wait for Uncle article out.... 'don't buy high PE glove stock, but buy low PE glove stock like Comfort and Ruberex'

i still think to break 1.93, need 50 to 60million volume.... maybe tomorrow...

warrant volume almost similar to mother share soon...

today weather in malaysia very hot... black panther taking some rest... maybe need tomorrow only can push... now drink water
https://twitter.com/PhysicsAndAstr1/status/1245154004763541504?s=09

share buy back still not enough... need more days to buy back...

true also...

looking at the volume, seems to be very slow... maybe tomorrow will only test 1.93? and not today... today likely still doing share buyback.... before meletup...

re: pang, especially all dump into gloves :) bcoz all already receive from Gov... RM1000 etc.... so got extra to put in to gloves :)

Nothing much can do for MCO. So, dump all money to share market

anybody got comment on carepls? in the queue too?

in this coronavirus environment... Supermax RM2.5b market cap... really kai wan xiao... super low for their product saving the world....

re:Ximon Lim... congrats :)

yes waiting for 11.30am

hahaha

Mr Snake... ur 800k is from normal stock Tesla or the call option?

this is a bit worrying for the longest term... coz we know boss is using company funds to buy, and not some fund manager come in... so it's a bit surprising that we dont see a new fund announcement comes in with 5% like EPF etc...

pang, one more thing, do you also notice C76 is following mother share? Kind of.... mother share volume moves 11mil, it moves half of it at 5mil... if today mother share is 60mil, this warrant will be 30mil.... could mean RHB will HUAT? coz they can sell so much to the public...?

actually pang, still not so sure what is the motive of buying so much treasury shares... hmm... of course it is good for us investor... but we also know they need cash to expand...
1) distribute more treasury to us shareholders?
2) New fund manager wants to come in? so distribute to them using treasury share for raising fund?
they need the money for further expansion in gloves and lens... so not sure in future how they will monetise to expand...

Minum kopi already... more minum more anxious and keep checking chart lol

Aiya pang... u should know me, i nvr buy sell buy sell... buy from last time and hold till now... only u in out forum... want to meet u also difficult...

How do u know 50%eps?

I not so aim too high.... 3.40 was the gap last time... enough for me if can fill the gap...

Maybe like pang said, wait 11.30am

Transact volume quiet already... today dont want to goreng? Waiting tomorrow? Or only later goreng...

see if today got any announcement...