uncle otb still holding Supermax ?

well down OTB. Btw, can you advise use what to do next for supermax? Do you think we should continue to hold ?

Kyy buycall might be a sign of peak. The way he posted on his forum like he worry no ppls buy from him. Haha

Tomorrow another big news coming.

Tomorrow open high And GAP down?

TG breached mco rules I think more and more bad news will release soon.

人力资源部确认7月13日在Top Glove位于巴生市Meru的总部进行了一次突袭。执法人员发现Top Glove违反了MCO规定，并为外国工作人员提供了狭窄的宿舍。 顶级手套被罚款，但免除了强迫劳动。

Uncle join topglove now. Seem like $30 is possible.

https://koonyewyin.com/2020/07/21/top-glove-supermax-comfort-which-is-the-best-buy/?_ga=2.178845348.1895108930.1595304554-165228440.1594786821

Seem like vaccine news is flushing around. Might be beware of profits taking if you chasing high recently.

seem like tomorrow might open high and close Low.

First human trial of AstraZeneca COVID-19 vaccine shows promise - https://uk.investing.com/news/coronavirus/first-human-trial-of-astrazeneca-covid19-vaccine-shows-promise-2165944

https://www.klsescreener.com/v2/news/view/704733

Uncle call sell for supermax......

Hoseh today above $20

Supermx no panic sell after lunch. And still manage to go up. Only certain group of panic seller selling. And buyer are well absorb all the seller ticket. Tmr can buy more if down

Are you ready for tomorrow Supermax GAP up!?

Actually you guys can monitor the Moderna and Astra, and so on at DJI listed. Their share price doesn’t justify by the vaccine news, and is open high and dropping now. People are smart, they know the vaccine not out so soon.

Bloomberg reported Moderna vaccine have many side effects to the patient being tested. Seem like only come out this good news to help trump boost the DJI hahahaha.

Japan today confirmed cases raise to 327 cases.

Rebounding second waves.
https://www.orientaldaily.com.my/news/international/2020/07/15/351931

Today V shape rebound. IB bought back many and shake out the weak holder

regrets not to buy more just now.

coming week would be more excited. As participate with the good result and good news soon. Also the spike cases in us and Brazil. All ib and operator will continue push gloves to participate the bull trend.

I am waiting correction so can buy more. Next week is the Super bull train. So must take note on Harta and topglove. Last week Supermax and kossan alrrady running, next week would be 2 daigor run the show.

https://www.8world.com/news/world/article/us-coronavirus-1189031

US hit record high confirm cases again. 60k plus per day. How terrible of this.

https://www.washingtonpost.com/health/2020/07/08/ppe-shortage-masks-gloves-gowns/

SC controlling limit down percentage and extend IDSS, seem like our index breaking 1600 soon. Haha

Lol dun anyhow say. Only stupid ppl will believe it.

RHBIB Share Margin Valuation (Latest Revision)*
_The ceiling price for rubber gloves counters effective 08/07/2020_

COMFORT @ RM2.80
HARTA @ RM11.20
KOSSAN @ RM7.20
RUBEREX @ RM2.40
SUPERMX @ RM7.00
TOPGLOV @ RM15.00

Yu_and_mee if announce bonus issue, any impact go the warrant? The warrant ratio will adjust as wel right? But would it consider a good mews to push up the warrant?
Anyone can answer this?

https://klse.i3investor.com/blogs/gloveharicut/2020-07-07-story-h1509797953-Cimb_revised_capping_for_gloves.jsp

https://klse.i3investor.com/blogs/gloveharicut/2020-07-07-story-h1509797953-Cimb_revised_capping_for_gloves.jsp

https://www.sinchew.com.my/content/content_2300269.html

Lol no longer like last time during mco. Mco time all retailer chase and hot money are pumping all the small gloves counter. Now big fund all are focus on Big4

I think all the indicator is useless now. All control by crocodile. They decide to push high or down. Today mplus and Maybank give TP, can see they are in the same gang.

lol well done Aramco.

See the news you will scare. How terrible of the new cases.

https://www.bbc.com/zhongwen/trad/science-53221612?at_custom3=BBC+Chinese+(Traditional)&at_medium=custom7&at_campaign=64&at_custom4=2450FF3C-BAA8-11EA-8330-C47996E8478F&at_custom1=%5Bpost+type%5D&at_custom2=facebook_page

Purposely wash down, to chase out the weak holder.

https://koonyewyin.com/2020/06/30/comfort-what-the-chairman-said-at-the-agm/

Copy from “manage our finance” fb pages.

For reading purpose. This is not a *buy/sell call*

Comfort AGM.

1) How many production lines will Comfort increase in 2020 & 2021?
We will add 5 production lines, a total of 58 production lines, these five new production lines will add 600m gloves. In total there will be 6b gloves.

2) How do you compete with other glove companies?
We focus on professional gloves, which makes us more different than other glove manufacturers, and we also work closely with customers and manufacture gloves that meet their requirements

3) What is the current price of gloves?
Last year's price was USD 22, the previous quarter was USD 25-27, followed by USD 30-35. We will continue to increase by an average of 5-10% every month.

4) Comfort invested in automation systems. How much can this help the company?
Automation makes our operations more efficient. We implement automation step by step to avoid affecting daily operations too much. When automation is implemented, our labor costs will fall by 8%

5) How much can energy-saving systems reduce costs?
Will save 10% of natural gas (gas)

6) The company's investment in subsidiary has an impairment RM 101m, what is this?
These are the Impairment before the new management enters the company. It is about Comfort Rubber Glove Industries S/B (RM 90.3m) & PBT S/B (10.9m). These are things that happened a long time ago. If the accounting standards allow it in the future, it is possible to do reverse of Impairment

Opinion: It is usually not easy for Impairment so long ago to do reverse, so investors don’t have to expect too much

7) I see that most of the market share of the annual report is in Malaysia. Why not sell more to the US?
In fact, these are sold in Malaysia, but eventually they are shipped out to foreign countries

8) Does FDA Import alert affect the company?
No effect at all.

9) What is the approximate price of Spot Order?
It is about 12%, the price is definitely higher, most of them will not channel more than 100 USD

Opinion: We can see that the boss is very enthusiastic about the glove business, and it is not a company that only looks at profit. The management stated that doing business must look at the long-term, not just sacrificing long-term customers at hand because of higher profits in the short term. At present, the price of Comfort gloves is indeed lower than other gloves manufacturers, but for smaller companies, this approach is also more appropriate. After all, they do not have as many different customers as other large companies. We also saw Mr. Guan Youyuan, who also praised the performance of the management, and also mentioned that more rewards should be given to the management next year. Preliminary calculations, assuming that before selling USD 26, now selling USD 33, then the company's turnover will be as high as RM 194m, an increase of 41m in profit compared to the previous quarter's RM 153m. This performance is pretty good.

Note:

The boss also mentioned that TopGlov spot order reach a high of 170 usd.

Likeky Comfort PAT for next quarter around 35mils at eps 5.6-6.0 cents which translate to 3.50-4.00 based on forward PE20.

Mr Koon complemented the management and said he'll acquire more shares.

3.30 is a strong bases support now. If can hold well today, can easily go 3.50-3.70

Top CEOs see impact from coronavirus lingering until at least end of 2021

https://www.cnbc.com/2020/06/29/top-ceos-see-impact-from-coronavirus-lingering-until-at-least-end-of-2021.html?__source=androidappshare

MKE Technical Research “Traders’ Almanac” 20200630 KL Healthcare Index: Fresh Buying Interest Emerges

Trading ideas for today:
KLHEAL INDEX – Bullish divergence & new upcycle
COMFORT – BUY, SL: MYR2.68, R1: MYR3.40, R2: MYR3.90
KOSSAN – BUY, SL: MYR7.40, R1: MYR9.00, R2: MYR9.90
RUBEREX – BUY, SL: MYR2.66, R1: MYR3.32, R2: MYR3.80
TOPGLOV – BUY, SL: MYR14.00, R1: MYR16.90, R2: MYR19.00
CRUDE PALM OIL – Short covering ahead
KLCI INDEX FUTURES – Technical rebound

Small player is those not even listed at bursa. Not those who listed. Lol dun misunderstand and mislead the wise ppls here.

July might start a bearish market sentiment. Keep cash and wait for bottom

China also join the gloves supplier business soon. They build factory to supply more gloves to global market. Soon overtake Malaysia gloves
https://www.klsescreener.com/v2/news/view/694807

Seem like Malaysia not going to number 1 glove manufacturers soon. China starting to build more gloves factory to supply more to global market.

https://www.klsescreener.com/v2/news/view/694807

If you follow gloves counter recently, it’s actually follow market sentiment. Now Dji is dropping almost 500 point. Wonder Monday gloves counter will perform as well.

Wow agm coming. Anyone going? Can go ask directors

https://koonyewyin.com/2020/06/20/comfort-my-target-price/

This mf if you click inside his comment history you can see he purposely put negative comment on gloves counter for comfort, Supermax, and topgloves.
But he put positive news on oils like hibiscus, knm and so on.
Same DJI index, he posted on positive news when yestedday DJI up 300+ he share to oils counter.....
After today morning DJI red, and he put the DJI down on gloves counter.

This guys should be mentally problem, he really thought can affect us or affect gloves trend if he put negative comment here.

Actually he is stupid, when COVID-19 cases increasing, the oils can only dropping, and oils is shorterm play in bursa.

Be a reasonable person pls, no ppl are interested on ur negative comment here.