down somemore...

RM 3.5 JP Morgan TP is not a joke anymore...Supermx close in on rm 4...
Tough for glove counters...

Now already 50 sen...

I am very confused, sometimes target price given is very high, sometimes it is low. and now high again...How many times???

Can someone enlighten us on impact of going listed in HK? Will that help for Top Glove share price?

So after go listing in HK., share diluted or how? and will HK and China investors flood in to buy up the top glove???

if so, why are they buying up? and what happen if they are not buying up for now...

What is the consequence, pro and cons of going listing in HK?

Thousand questions here, hope some expects studying finance/economic can answer...

Tq in advance.

Tq @Flying Fox (28/2)

@Flying Fox (28/2) 八点最热报: 手套股的黄金岁月已不再，手套价格割喉战即将爆发！
https://klse.i3investor.com/blogs/happy/2021-03-01-story-h1541945352.jsp

Good info...Got good points there which were summarized in below:

It will be very tough for gloves when (if) WHO declare end of Pandemic!
The oversupply in gloves after PostCovid + new comers (Mahsing, etc) will ignite market competitions so that glove price may dip.

When Covid end, over supply, more market players, what will happen to profit for glove counters?

What will happen in glove share price???

I was considering to load some for long term at around rm3-4 due to good CAGR for top glove, but now I will reconsider, wait til WHO declare end of pandemic, and if more players coming in and if glove price dip...

Very tough for glove counters now....

Just sharing my thoughts, not a buy call or sell call. Invest on own risk.

@soulless, at current price around rm 5, this corresponds to rm 15+ Pre-Bonus Issues (1:2). So current rm 5+ is not pre-COVID price.

Pre-Covid price is actually around rm 5 / 3, which is around rm 1.6++, taking into consideration of bonus issue 1:2 in Sep20.

So current price is like RM 5++, compared to preCovid price around RM 1.6++

Just to share. Not a buy call or sell call.

breaking down to rm 4.9++...is rm 4.5 coming?

https://edition.cnn.com/2021/02/25/world/meanwhile-in-america-february-25-part-2-intl/index.html

What life is like in countries where Covid-19 vaccination is increasingly a success...

https://www.bloomberg.com/news/articles/2021-02-24/pfizer-biontech-shot-could-help-end-pandemic-israel-study-shows

Some news to cheer us up, our world is hopeful....

https://edition.cnn.com/2021/02/25/world/meanwhile-in-america-february-25-part-2-intl/index.html

What life is like in countries where Covid-19 vaccination is increasingly a success...

https://www.bloomberg.com/news/articles/2021-02-24/pfizer-biontech-shot-could-help-end-pandemic-israel-study-shows

Some news to cheer us up, our world is hopeful....

https://edition.cnn.com/2021/02/25/world/meanwhile-in-america-february-25-part-2-intl/index.html

What life is like in countries where Covid-19 vaccination is increasingly a success...

Gloves counters share price shot up unexpectedly high last year, its now dropping fast too as market is forward looking,

Kossan is an obvious example, shooting up from RM2.5 (April20) to RM9.75 (Aug20), dropping from RM 9.75-RM3.75...

JP Morgan may be getting it right...

RM3+ for top glove is not impossible in upcoming months as the world is progressing...
Wondering what is the Top glove share, stable price by year end...

Anyway, it's Chap Goh Meh today, Cheer up guys, happy investing. Take care.

@FortuneBlooming n other long term financial advisors...

Thanks for enlighten us, But to be honest, I prefer to invest later at rm4 or 3++, so that whatever yours calculation yield, would be almost double in 10 years time...

Whatever your comments sound logic, but I prefer to collect it at rm4/3, let it settle through the volatility until the glove demand saturate, until top glove price settle with this post Covid glove demand and orders, that would be a new beginning of this Top Glove growing with good CAGR, isn;t this is a better entry point?

Just my thoughts to share, not a buy call or sell call. Invest on own risk.

@chensk, yes, that is part of use of gloves, to avoid transmission, what happen to the Covid test, postCovid era, after mass vaccination,possibly herb immunity attained?

With vaccines, covid cases drop, hospitalization number drop, required covid tests drop, so it still affects the Globe demand signifcantly...and Glove price are very sensitive to demand...

@thor85 even now there are people traveling with AirAsia, those teachers, civil servants, and oil rig workers, I seen them travelling from West to East Malaysia constantly, of course, with quarantines and swab tests, why not in the year end?

There should be quite some large population vaccinated with possibly vaccine green pass year end, isn;t?

Airasia recently just done partial pp, and pending for remaining pp, after which the share values should get diluted...and airasia no more in India, Japan focusing mainly at their base here, it is still making loss I suppose.

I think timing is important to get into any recovery stock and to get in/out from any medic stocks.
Just my two cents, just sharing here, no sell or buy call.

Disclaimer: Invest on own risk, risk on own, study own analysis before investment.

Actually normal vaccines need not to be 100%, there is certain threshold required to be, even 60% is acceptable...That's what you get with most available vaccines nowadays.

My two cents to share.

A lot of people do not know where these gloves are criticallly required during Pandemic....

The needs of glove are high due to COVID hospitalization numbers because gloves are required to handle the COVID patients to prevent transmission of virus.

When hospitalization numbers in most affected country US drop significantly from 300k to 50k plus (as of 23Feb21), the glove demand will be certainly question in near future.

China has less than 100 cases daily, India is below 15k daily, even UK has dropped now to below 10k, so as many European countries...SO how would be the glove demand in upcoming quarters, the big questions will be on whether the advance orders, so called early booking and orders queuing till 2022, will these orders and booking still remain effective and materialized?

If glove demand drop, can they sell at current high price?

When the demand in US drop, can glove huge profit margin stay??

If that materialize, say in Summer, number of COVID in US drop to below 10k daily...Its a huge blow to gloves business, and in my opinion, even rm 4 share value would be overpriced for the glove stock at that time because that would correspond to rm 4x2=RM8 ...preCOVID level.


The share price rm 5++ now for Supermax, it corresponds to rm 10++ actually (1:1 bonus issue).
PreCovid it was rm 1+, now rm 10++ effectively. Do you think it is good bet now, and what about after Post Covid the reasonable share price should be??

My two cents, not a sell call or buy call. Good luck.

(Disclaimer: Do own study, invest on own risk, risk on own bet. The above is only sharing of personal opinion, not any call)

A lot of people do not know where these gloves are criticallly required during Pandemic....

The needs of glove are high due to COVID hospitalization numbers because gloves are required to handle the COVID patients to prevent transmission of virus.

When hospitalization numbers in most affected country US drop significantly from 300k to 50k plus (as of 23Feb21), the glove demand will be certainly question in near future.

China has less than 100 cases daily, India is below 15k daily, even UK has dropped now to below 10k, so as many European countries...SO how would be the glove demand in upcoming quarters, the big questions will be on whether the advance orders, so called early booking and orders queuing till 2022, will these orders and booking still remain effective and materialized?

If glove demand drop, can they sell at current high price?

When the demand in US drop, can glove huge profit margin stay??

If that materialize, say in Summer, number of COVID in US drop to below 10k daily...Its a huge blow to gloves business, and in my opinion, even rm 4 share value would be overpriced for the glove stock at that time because that would correspond to rm 4x3=12 ...preCOVID level.

Top glove share price with best CAGR, cannot also appreciate 300% in less than two years in history. So, even rm 4 (rm4x3 PreCovid) would be overvalued with the glove demand drop sharpy in near near future.

The share price rm 5 now for top glove, it corresponds to rm 15++ actually (1:2 bonus issue).
PreCovid it was rm 5+, now rm 15++ effectively. Post Covid the reasonable share price should be??

My two cents, not a sell call or buy call. Good luck.

(Disclaimer: Do own study, invest on own risk, risk on own bet. The above is only sharing of personal opinion.)

gloves are needed due to high hospitalization cases in US, Europe...with number continue to drop US now 50k++, the demand in glove is gonna drop.....

what happened to GENM? sudden drop?

https://www.thestar.com.my/news/world/2021/02/23/us-covid-19-deaths-fall-for-third-week-as-cases-see-steep-drop

Gloves high demand in ?? after a steep drop in COVID cases in US...

What will happen to glove high demand if cases in most affected country-US drop to below 10k?!
China, India are almost done with COVID, UK, Germany are seeing a strong decline in COVID...

The gloves are mostly used for medical processes in hospitals and the needs peaking up due to increased in COVID patient hospitalization...

Unlike face masks, the gloves aren't deployed mostly outside hospital.

So with successful vaccine roll outs, Covid cases reduce signifcantly in overseas (UK, US, INdia, China, etc), severe cases reduce too,...the hospitalization due to Covid will drop significantly, which is already evidenced in many countries.

So it will be interesting to see if the demand and orders for gloves to sustain in near future...And share market is forward looking, that explain the share price for glove counters now...

My two cents to share...Not a buy call or sell now.

https://edition.cnn.com/2021/02/19/health/us-coronavirus-friday/index.html

US data shows a big decline in new Covid-19 cases.

https://www.dailymail.co.uk/news/article-9278349/Covid-cases-fallen-nearly-50-fortnight-ONS-estimates.html

https://www.jpost.com/health-science/five-israeli-companies-fighting-for-a-covid-19-cure-659456

After vaccines roll out, Scientist now are researching into medicne to cure COVID...Science is playing its part to restore the world economy and social order to save life and jobs...

https://www.channelnewsasia.com/news/asia/covid-19-vaccine-malaysia-pfizer-biontech-february-13805998?cid=outbrain_my_paid_01062020_cnamkt-news&dicbo=v1-d963e4a80bacaeb3b9420f607064d8c6-006115b0804827bdcd3f372610a0102e8b-mzqtqolfg44dgljxmy2wgljugaydmllbgy3tillggnsdmyrzgq2giylegy

https://www.thestar.com.my/news/nation/2021/02/20/khairy-study-showing-85-efficacy-after-one-dose-of-pfizer-vaccine-could-be-a-039game-changer039-for-malaysia

https://www.thestar.com.my/news/nation/2021/02/20/khairy-china-made-vaccine-to-arrive-on-feb-27


More Vaccines coming to Us, tomorrow, next week and in March some more...

Wish we are on course of recovery soon, less Covid cases, and life and jobs can be saved to restore the society and economy order...

Lets hope our own vaccination roll out go smooth!

https://www.timesofisrael.com/covid-19-pandemic-ebbs-in-israel-with-lowest-positive-rate-in-almost-2-months/

https://news.sky.com/story/covid-19-pfizer-vaccine-is-up-to-85-effective-after-first-dose-new-israeli-study-finds-12222164

https://www.pharmaceutical-technology.com/comment/israel-covid-19-cases/

https://www.webmd.com/lung/what-is-herd-immunity#1

https://www.cdc.gov/coronavirus/2019-ncov/vaccines/different-vaccines/how-they-work.html

The SCIENCE is taking down the COVID, we hope the life can resume to normal soon, world can restore the orders, and the jobs can be saved...lives can be saved...

Something to share....

https://www.sinchew.com.my/content/content_2430113.html

Sinova vaccines coming this month too...hope the vaccines can help to bring down the COVID cases here...

Looks like glove stock retrieve is imminent...rm 6, 6.5, then 6, then 6.5...till year end, and 2022 onwards..and by then many countries will be out of COVID clouds..

Just my two cents to share

dropping back to RM 5.2, like 2-3months back?

Has pp been finalized for impiana? How many percent? And can someone share more on Tioman project? wht is this 0.09 for Tioman project?

Thanks. I am away from Impiana for some times, need some updates..

Brent Crude >65, WTI >61 , natural gas 3.27...with the oil bull officially kick starting, there should be more and more businesses for tender, and more and more offshore related project being called for tender, as many countries will go into reopen or open new offshore stations to dig the black gold....

Sapura is in upstream...can only expect more and more business, if it can tap in Aramco project, it can tap more projects from other countries due to track record too...

I really hope it can go back to glorious days, may not be this year but next year....with staff cost optimization, with more project coming in....really hope momentum is sustained and it will back to it old glorious day....



DIsclaimer: Just my two cents,not a buy call or sell call...

buying volume is building up now...this rally looks more solid than previously shoot up in Aug where it shot up to 16.5sen...now supported by oil bull run...

Really hope the up momentum is sustained and slowly up to its glorious day...20 sen first, then 30 sen, 50 sen, and 70, 80 sen, and above rm 1 ultimately...

@jjchan..i understand, many with buying price higher than 20 sen++, even after averaging down...I hope it can go more than 30 sen at least...maybe 50 sen beyond, back to its old glorious day...

Hope this counter will stay film at 0.14 and slowly up, not retrieving back to 13 sen/12 sen...let the average price to slowly move up and up more and more, back to glorious days...let it go above 20 sen and more...

DIsclaimer: My two cents only.

I am happy as long as it keep momentum at 14 sen, then slowly by month end 16 sen, then by March 18 sen, by end of March 20++ sen....I will be very glad and thankful if the momentum is well kept....

Up slowly, as long as it continue to up, better than one day show and pull back to square one...

Just my thought and wish...I hope oil rally and this stock starting to reward royal believers...

Hi All, I am eyeing on Tenaga at current low, what do you guys expert here think? More to down, or this is about there, and downside is limited...

Need your guys advices as I only started to look at TNB share last few days..I normally focused on other theme stocks...

I just think Tenaga now at rm 9.9+ can be entry level, and plan to keep some years to wait for it to go up to rm 13+, while riding on fat divident...especially now bank does not give high divident..

Mutation of virus is a norm, just like flu virus...there is high chances COVID will end up as a seasonal flu, where we will live with it with vaccines for now and in near future, probably without vaccines as most likely the mutated virus become more transmittive but less deadly....that is the evolution of virus mutation, that we have seen also with once deadly H1n1, but now weakened...There are various flu vaccines out there including those for H1n1, but many may not go for it....

IMHO, the Covid as a pandemic is destined to be like Flu, soon or later with wide spread but less deadly as times go on.

The glove demand has been at all times high, and after all time high, how to keep all times high and go higher and higher?! at the moment the share price is RM 18++ (pre-bonus issue), compared to rm 5++ precovid. There is already a huge difference rm 5 to rm 18++....and do we expect it to go from rm 18-rm 30-50++ in upcoming years?

I agree this stock gives good CAGR growth rate over years due to well governance. I mean, that should be based on pre-Covid share price, to grow over the years. Its possible with 100% growth over the years, but due to pandemic, it is already growing more than 300-400% in less than a year, how can the share price grow again to few hundred percent overs next 4-5 years? Who is buying? the institutional funds will buy higher to hold up the share price to few Fundred percent higher than norm and hold for years?! I don;t think so...

That is why many thought it would be safer to enter at rm 3-4, instead of rm 6++ because you will be riding on already inflated share price over years, if you invest now. That is why hard to attract new buyers now....not Shorties, RSSS stories....NO matter how promising we shout on the glove demand, it isn;t going to the ears of many retailers because the share price already inflated to few hundred percent in less than a year and glove demand is hard to sustain he needs in upcoming years...

What do I expect if I buy in now at rm 6 equivalent to RM 18++ hoping it to go rm 30-40 plus? if it soar again, it gonna surpass maybank too, and do I think that is gonna happen??

Who is gonna hold that overly bought valued for the company? YOu and me who bought at this high of rm 6++?

Another questions, if this company on all time low price, why the cash-rich boss and related directors not buying much more share price?

Something to share and ponder...

Just my two cents to share.
Disclaimer: Not a buy call or sell call, invest on own risk, risk on own decision.

Top glove is good stock with good CAGR, but wait till it drop to rm 3++ and invest, and can wait for 10-20 years to become multimillionaire...

But ideally not at this moment to invest in it yet.,..as the share is retrieve from its high..wait 1-2 years to see its profit sustainable or not after post-pandemic, say 2022-2023..then go in would be a wiser choice....

in these upcoming years, it can't soar again after pandemic soar, that is not realistic especially now more and more glove makers emerging and vaccine roll outs and recovery being hotly shown up especially in US and EUrope, India, China.

Just my two cents, not a buy call or sell call...Risk on own.

@horkok....Its ok for disagreement, as long as we dot not verbally abuse each other.

By the way, I think shorties are not long term investors like us...They cannot go for long term due to Liquidity risk...You hardly hear big fund invested in a stock and keep for years to sell at high...you only hear big fund got trapped in a stock for years...:)

By the way, I think its not shorties or RSS players that stuck the share price...The sentiment on continue recovery just not favor the glove stocks...Can try to google for the glove manufacturing process details...and you will notice that the huge profit now are not sustainable...How on earth a stock valued at rm 5++ and now rm 18++ (taking into consideration of 1:2 bonus issue) can b considered as cheap stock and undervalued??? especiallly now with vaccine roll out, and very successful vaccine efficacy reported for ISrail and UK, etc...

we can draw analogy to Oil price, Property boom, there are cycles for the glove stocks. There are up and down...whatever huge profit is now, is destined to drop to it normal sustainable value...

The only savior is probably if vaccine fails and Covid continue to rampant, but that is not what we hope for...we cannot continue to hope to see long live pandemic just because of hoping to see glove share price stay high...the Science will XXX the covid out with vaccines...soon or later...

Just my two cents to share and my thoughts...time to rethink on our investment portfolio....anything cannot stay high forever, anything cannnot also stay low forever...Flower is not gonna shine and fluorish forever as we wish...there are up and down....

Be wise in our investment. Happy investing.

Disclaimer: Not a buy call or sell call, risk on own.

COVID cases continue to drop nationwide, and globally...Let's hope the pandemic fade away soon and life return to normal with vaccines and safety measures in practice...

All these are important so that life and work can return to normal and people have jobs income to pay for living expenses...

COVID cases dropped again today, will interstate travel and GENM operation be allowed under low cases states, after 18FEB21?

possibility CMCO in states with lower COVID cases...booster for GENM and GENTING...

https://www.enanyang.my/%E8%A6%81%E9%97%BB/%E5%8D%AB%E9%95%BFcmco%E5%8C%BA%E5%B0%86%E5%85%81%E8%B7%A8%E5%B7%9E%E8%B7%A8%E5%8E%BF

@investmalaysia8..agreed, need to be extra careful in going in glove stock now...to avoid getting trapped and collecting those seller ticket at high price...

@gohkimhock..agreed, there were various pandemics and all fading or mankind live on with vaccines...like SARS, H1N1, and FLUs, and JE, and earlier days Spanish Flu...

all came and gone soon or later with or without vaccines..why not Covid?

I have seen photos of medical personnels injectingvaccines without glove.

So the world is slowly restoring its orders, many big countries are having lesser cases...
Even with Malaysia cases keep increasing, how many gloves do we Malaysian consume??

We gotta face the reality, the glove stock isn;t going much higher than now, no more..we missed the boat...

A friend of mine got trapped buying later in glove stock...that really taught me lessons not to nibble even single opportunity to buy at price which are higher than rm 6++.

Disclaimer: My own thinking, not a buy or sell call...

@skcheah, agreed, the gamestop drama has seen many get trapped, and most retailers got trapped...they thought they gonnna beat the big fund together, without knowing it is double trap...they follow the calls to chase high, and collect the tickets at high...

DIsclaimer: not a buy call or sell call. Invest on own risk.

It is imminent whatever gone up due to pandemic is gonna drop back after pandemic fading...or when pandemic showing sign of fading...

Now it is showing signs of fading, and that is why stock price cannot go much further up, because most retailers not convinced, as well as big fund not willing to buy much more to push up the price further up...I bet the main shareholders too not convinced, otherwise, at this share price which you all claim is "low", the main investors would have flooded to Top Glove and buy up the share price. But the share price isn't up till rm 7-8.

DO we see the main investors buying huge to up the share price?! No...how many they bought?

And at this current price of rm 6++, it corresponds to rm18++ pre-bonus issuance, and preCovid was rm 5++...From rm 5++ to RM 18....do you still think it is undervalued? How on earth that this kinda earning profit can sustain over long term? from a fairly valued rm 5++ to rm 18??

I would be terribly sorry if I going in at this price and hoping this will go up to rm 8-9...I will be terribly sorry to collect the tickets where the selling looking to cashout,

If I buy earlier at much lower price, I am gonna anytime cash out and sell off whenever there is a rebound...I would not hope for share soar up to rm 8-9...too risky...


And If the share price down to rm 5++, I would buy for short term and cash out at rm 6++, which I did recently...But I am not gonna buy at rm 6++ hoping it to go to rm 8-9...

There are many recovery theme stocks out there undervalued...I have missed the glove boat back last year, so I missed it and I just gotta accept the fact the boat is gone...

Think twice guys, if you are buying at this share price and hoping it can go up much further...
A friend of mine got trapped, now still cannot cash out due to much higher buying price...

Disclaimer: Just to share, my two cents, not a buy or sell call. Risk on own, so think carefully guys, decision from you and consequence to be born by you too...

lets face the fact, glove isn;t going up much anymore..we will see how it dip,,,
my two cents.

Coming...Steady ..Solid....Good QR F Reports?

We really hope the pandemic will be over and fading in upcoming months, just like H1N1, SARS, Spanish Flu before....so that life resume normal, jobs can be kept, tourism industries revive, to save many jobs and income...

Think positive! Lets hope recovery will be soon.

Not sure...but to be honest, my average price is much higher than now...we invested since IPO, even with some averaging down during pandemic, the average cost still much higher than current price...

I really hope the share price can go back to IPO price++, to prove the worthiness of this venture from TS LKS and TSKuok & Co...

I can not understand the logic if the share price stay below 50 sen much longer, looking at the investment cost the TSKuOK & Co have given back in 2017 during IPO time...

Just my two cents...That is why I am still keeping my positions...

slow, but steady....