I could draw a analogy here...I think many people hold at higher than current share price for GENM, back in March it dropped to below rm 2...because people not expecting the Covid to surge and now people have seen a string rebound close to rm 2.7 from 2.0...

SO I bet those holding at higher than curent share price, i do not think many will sell now at loss, to catch the unknown rm 2....knowing that share price rebound is a matter of time, just like it happened in last 2-3 months...

Now retailers are more prepared...knowing the GenM rebound is a matter of time, I do not think many will cut loss to hope for unknown RM 2 to buy back....

Plus vaccine roll out anytime now...

And Many countries started vaccination, and if the result on efficacy on mass scale vaccination out with very positive data, i bet and I think genm and genting will rebound very strong.

My two cents...study on your own and do own analysis...risk on own.

My thinking, the share price may not bottom to below rm 2 again for genm, it was exceptional case back in March first time MCO was announced...it caught all surprise and there was sudden dip in share price, as it was never happened before, and at that times Vaccines is no way seen.

This time round, i think even with the more stringent CMCO, or targeted CMCO, even if this really take place, the effect on gaming and tourism will be minimal, because market is anticipating vaccines roll out...plus most retailers are more ready...

I don;t think genm or genting will bottom to March-20 level...Because market has witnessed a string rebound in genting and genm after reaching bottom in March 20...so the same panic shock sell may not happen this round...

Genting has added advantages with more relax measure in Singapore and GENS, plus the palm oil...Crude palm oil this morning RM 3877!

This is what I think, my two cents.

Again...study own analysis, invest on own risk...do not follow others, risks on own.

Lets see how market react to this increased cases. But eventually market should recover with vaccine roll outs.

By the way, more vaccine roll out news is expected today from MOSTI KL, which will shed more lights on the vaccination process...

as of this morning, it was reported that MCO 2.0 next week is a faked news.

https://www.malaymail.com/news/malaysia/2021/01/06/fake-nsc-says-of-ci...
07/01/2021 9:00 AM

My thinking, the share price may not bottom to below rm 2 again for genm, it was exceptional case back in March first time MCO was announced...it caught all surprise and there was sudden dip in share price, as it was never happened before, and at that times Vaccines is no way seen.

This time round, i think even with the more stringent CMCO, or targeted CMCO, even if this really take place, the effect will be minimal, because market is anticipating vaccines roll out...plus most retailers are more ready...

I don;t think genm or genting will bottom to March-20 level...Because market has witnessed a string rebound in genting and genm after reaching bottom in March 20...so the same panic shock sell may not happen this round...

This is what I think, my two cents.

Again...study own analysis, invest on own risk...do not follow others, risks on own.

Lets see how market react to this increased cases. But eventually market should recover with vaccine roll outs.

By the way, more vaccine roll out news is expected today from MOSTI KL, which will shed more lights on the vaccination process...

as of this morning, it was reported that MCO 2.0 next week is a faked news.

https://www.malaymail.com/news/malaysia/2021/01/06/fake-nsc-says-of-circular-purporting-preparations-for-mco-2.0/1938013

@WaaTal Tahu,
Can we not have verbal abuse here, I have observed in VC forum, that constantly there were verbal abuse and some ill comments and teasing...

those teasing not gonna benefit most of us, and we are in this forum, daily blasted with all ill comments...

We wish you best of luck in your share investment, Huat every where, but please do not post ill comments here....which do not benefit us, nor benefiting you...It;s wasting your time and your comments are all over in this forum, from time to time...

Do something useful to yourself and to community.

If you think VC is not worth investment, just post some comments and your study.

Wish you really Huat every counter you invest...and also do something useful to the investment forum.

agree, good financial report, ICT+financial support business, these are hot business trend now, IT online business plus financial lending business are crucial in this Covid pandemic where alot of business are transforming to online platform, plus business operation need financial aid to get through this difficult timing. Property bixz is another aspect which may not contribute much now, but property is tipped to boom later once Covid is over, due to low borrowing interest environment....

SO my personal opinion, VC worth my investment...and I have faith in Madam in revitalising the VC into a prosperous listed company.

I will hold tight guys...

My two cents..

Nevertheless, guys, invest on own, study your own analysis, risk is also on own, so study and analyze our self before investment...

I hope it will be up more, coz in the past few quarters the company is actually starting to make positive earnings+...plus the company in IT business, and boosted by money lendering business...normally during economy downtime, money lendering services will be hot...

So I hope the company will show up the good prospect and reward the long term investors who keep faith on this company. Commmon Madam, show the true prospect of your venture here in VC...we have high faith in you, Madam!!!

Even top volume now...Anything being planned out? Or any big news due to announced soon? The buying calls just unbelievable...Any big news coming? Someone having clue can share what is happening? or what is going to happen...

Anyone having idea what is blewing now with VC? sudden up with huge buying volume, those buying calls looks like not from retail buyer...Who is buying up the VC share price? Why?

EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 1,000,000 shares on 28-Dec-2020.

EPF keep buying....why?

Government is announcing vaccine roll out details on thusrday. Has it got something to do with this ?

Hope DPharma will be included , which explained why EPF keep buying for so many days already.

@investorbat, not sure, I thought RSS meant for broker, big fund, IDSS meant for retailers too. Both in Malaysia are on daily basis. That is what I thought, correct me if I am wrong. I may be wrong. Any other opinion from fellow investor?

@ freddiehero,

I mean around rm3++, I will consider to load some.

I don;t think it will drop to rm1.7++ (Pre-Covid level).. The profit of glove has been elevated due to Covid, and the inflated glove profit in future will likely not return to Precovid level (just my opinion, same analogy to inflated food price that tends not to drop any more). The Profit I think will drop, but will not drop back to PreCovid level. And the demand will drop.

So in my opinion, I am betting rm 3++ a good value to slowly buy in for long term investment....just my two cents.

Again, invest on own study, risk on own. So do your own analysis.

@ stockraider,
I mean with current price dropping to rm 3++...factored in the bonus issue..

I will consider to load some top glove when current share price drop to rm 3++ Just my opinion..If it drop further, I load more to average down the cost. I think the company is well governed by leaders with integrity and honesty. This is most important for a good compnay, look at thier CAGR over the years.

But current share price in my opinion it still high, 3-4 times the preCovid level. I will consider if the current share price close in...e.g. 1.5 - 2 times to PreCovid level., which means anything in the range rm 3++ I will conisder to start accumulate by then.

Hope this clarify, happy Investing. Lets hope we get it right, buy it right, sell it right at right time, make good profit for our better live and family.

It is really hard to predict the current dropping bottom every now and then for glove counters...But I think RSS/ISS in Malaysia work in such a way that those who short the counter position need to buy back on same day (correct me if I am wrong). I think, my opinion, every short will come with a rebound in the afternoon session coz those you short sell their position need to buy back on same day (if I recall right, this is regulation in Malaysia, correct me if I am wrong)

So I think in the afternoon the share price may rebound but dunno up to which level.

But again, tomorrow will be unpredictable again..and for many days to come, especially with more and more vaccinations and hopefully positive news coming out, especially if vaccination prove to be effective.

Many countries are starting vaccinations. And between the dose it may take 2-3 weeks. In a month time from now, we may be embracing more positive news on effectiveness of vaccine in mass scale vaccination. If that happens, I think and only my opinion, the glove counters may have even bigger room to drop, closing on thier pre Covid share value.

Vice verse, if mass scale vaccination prove to be ineffective, the glove counter will rebound strongly.

However, I think (my own opinion) vaccination should give some hopes to end the pandemic, soon or later. Most pandemic will fade away, soon or later, either human body adjusts to it, or the virus adjusts to human body. This is what my believe. Most pandemic will end soon or later.

For me, if the share close in to PreCovid Value, can consider to load some, for long term investment, especially the top glove.

My two cents here, just to share some of my own opinion and analysis. Please ignore these comments, if it go against your wishes ad study outcome.

It is really hard to predict the current dropping bottom every now and then for glove counters...But I think RSS/ISS in Malaysia work in such a way that those who short the counter position need to buy back on same day (correct me if I am wrong). I think, my opinion, every short will come with a rebound in the afternoon session coz those you short sell their position need to buy back on same day (if I recall right, this is regulation in Malaysia, correct me if I am wrong)

So I think in the afternoon the share price may rebound but dunno up to which level.

But again, tomorrow will be unpredictable again..and for many days to come, especially with more and more vaccinations and hopefully positive news coming out, especially if vaccination prove to be effective.

Many countries are starting vaccinations. And between the dose it may take 2-3 weeks. In a month time from now, we may be embracing more positive news on effectiveness of vaccine in mass scale vaccination. If that happens, I think and only my opinion, the glove counters may have even bigger room to drop, closing on thier pre Covid share value.

Vice verse, if mass scale vaccination prove to be ineffective, the glove counter will rebound strongly.

However, I think (my own opinion) vaccination should give some hopes to end the pandemic, soon or later. Most pandemic will fade away, soon or later, either human body adjusts to it, or the virus adjusts to human body. This is what my believe. Most pandemic will end soon or later.

For me, if the share close in to PreCovid Value, can consider to load some, for long term investment, especially the top glove.

My two cents here, just to share some of my own opinion and analysis. Please ignore these comments, if it go against your wishes ad study outcome.

https://www.bloomberg.com/news/articles/2020-12-04/u-k-grants-hongkongers-five-passports-a-minute-as-exodus-looms

U.K. Grants Five Passports a Minute to Hongkongers as China Tightens Grip

This will boost the property sale for EWINT in 2021 onwards! Brexit done deal is already a strong booster for UK.

@lovetzy...
just my opinion, I do not think CIMB willl be subjected to heavy short selling....Most banks are starting recovering good profit now due moratarium ended.

And it was reported in news too that the banks recovering sooner than everybody expected...just look at RHB and Maybank and PBB....

CIMB had abit of issue , that is why the share price is till far from PreCovid...and with banking business resuming to Precovid, I think CIMB will be likely climbing up to >RM 5.

there are many personal loans and car loan given up by most banks, so I think the banking business will be very promising in 2021...

Just take a look at CIMB share history in 2008-2011. It shows after economy crisis, the banking stock rose up strongly.

SO I am betting on a slowly and continously share value up in CIMB.

This is only my two cents.

Invest on own study, risk on own.

Happy investment.

Happy New Year 2021! Stay safe, bros.

@RunFirst, That is what I think also...That is what JP MOrgan set for target price.

Before Covid, the share price was RM 5-6....

Say, the current share price contiue to dip below, RM3.5 = RM10.50....That is a fair value in my opinion...considering the fact that the glove selling price despite more competitions with more players, but it is not gonna be like PreCovid before. The same analogy can be draw for inflated food price and deflated food price are never the same as before inflation.


That is what I will consider a good buy value...

And from my personal analysis, Top glove is well managed, with good CAGR over the years...so, it will be a very attractive stock for long term invest at around rm 3...just keep for 10 years...It can be our another retirement income....

But for now, at rm 6...it is still way too high, if you check on history of most global Pandemic, they all come and fade away soon or later...

Same with Supermx, I think it will be a good buy at rm 2++ later. But comparing Top Glove and Supermax...I will go for Top Glove.

Just my 2 cents....Again, invest and cash out on own study, risk on our own. So study, analyze on our own, and make wise decision.

Happy New Year 2021! Stay safe.

Try to talk to people in glove industry, those in production, business and marketing, and analyze on your own...make own decisions, do not get affected by those giving buy/sell calls. Do your own study and invest/cash out on own risk.

Top glove is a good company with high integrity, honesty, and transparency in their business operation, which was reflected in thier high CAGR over the years.

But current share price for these glove counters in my opinions are not sustainable towards 2021 year end of 2022 onwards.

I will definately consider to buy top glove with high CAGR, when the top glove share price back to below rm 3+...slowly buy more at below rm 3...and keep for 10 years. And I am sure it will yield a super high return.

Try to talk to people in glove industry, those in production, business and marketing, and analyze on your own...make own decisions, do not get affected by those giving buy/sell calls. Do your own study and invest/cash out on own risk.

Top glove is a good company with high integrity, honesty, and transparency in their business operation, which was reflected in thier high CAGR over the years.

But current share price for these glove counters in my opinions are not sustainable towards 2021 year end of 2022 onwards.

I will definately consider to buy top glove with high CAGR, when the top glove share price back to below rm 3+...slowly buy more at below rm 3...and keep for 10 years. And I am sure it will yield a super high return.

Not to forget also, many players come into this industry, competition will be higher than ever, the business should have more players (MahSing, HongSeng, etc). The market share will be more competitive too.

If you know someone in glove industry, talk to them, they can give you better idea on the way forward. I do not follow the IB ffund calls, which at one time they called for rm 50 for top glove...and after some months, called one investment bank called for rm 3.5 for top glove...

Do our own analysis, try talk to people in glove industry business. Make wise decision. RIsk on own.

just some neutral opinion, my own opinion, you can ignore if you do not agree:

The glove counters currently are still way too pricey compared to PreCovid level, it is a crystal clear and rock solid that the glove counters do not have that kind of sustainable profit/revenue to support even the current depreciating share price...The gloves selling prices are still high at the moment, if you know how the industry business and marketing operate, or just talk to someone in this industry you will know the glove selling price will be back to normal, or some higher than PreCovid level. But definately selling price cannot remain at this level.

In my opinion, there is a lot of downside for supermx and top glove, and other glove counter. considering 1:1 bonus share issue and 1:2 bonus share issue, and even consider a slighty higher glove selling price than PreCovid level, I would consider a good buy for supermx at ~rm 2, and top glove around ~rm3.

Mayb some of you may laugh off this low target price and think it is too far off from current share price. BUt if you recall supermx was rm 9++, top glove was rm 9++ after bonus share issuance, now dropped to rm 6+ respectively, then further drop can happen slowly.

The fact that 2020 Financial year super bull profits for glove counters, it will present a high pressure to the glove companies to sustain the super bull profit after the pandemic is getting over. Say, the financial quarter at the end of 2021, or beginning of 2022. These year end 2021 and early 2022 on wards, financial report, when compared to 2020 whole year revenue and profit. It will be inevitable that the performance will show a huge drop. and by then, in my opinion, the glove counters will drop to thier sustainable. And only then, for me, it is a very good buy, especially top glove with high CAGR all these years.

Not to forget also, many players come into this industry, competition will be higher than ever, the business should have more players (MahSing, HongSeng, etc). The market share will be more competitive too.

If you know someone in glove industry, talk to them, they can give you better idea on the way forward. I do not follow the IB ffund calls, which at one time they called for rm 50 for top glove...and after some months, called one investment bank called for rm 3.5 for top glove...

Do our own analysis, try talk to people in glove industry business. Make wise decision. RIsk on own.

just some neutral opinion, my own opinion, you can ignore if you do not agree:

The glove counters currently are still way too pricey compared to PreCovid level, it is a crystal clear and rock solid that the glove counters do not have that kind of sustainable profit/revenue to support even the current depreciating share price...The gloves selling prices are still high at the moment, if you know how the industry business and marketing operate, or just talk to someone in this industry you will know the glove selling price will be back to normal, or some higher than PreCovid level. But definately selling price cannot remain at this level.

In my opinion, there is a lot of downside for supermx and top glove, and other glove counter. considering 1:1 bonus share issue and 1:2 bonus share issue, and even consider a slighty higher glove selling price than PreCovid level, I would consider a good buy for supermx at ~rm 2, and top glove around ~rm3.

Mayb some of you may laugh off this low target price and think it is too far off from current share price. BUt if you recall supermx was rm 9++, top glove was rm 9++ after bonus share issuance, now dropped to rm 6+ respectively, then further drop can happen slowly.

The fact that 2020 Financial year super bull profits for glove counters, it will present a high pressure to the glove companies to sustain the super bull profit after the pandemic is getting over. Say, the financial quarter at the end of 2021, or beginning of 2022. These year end 2021 and early 2022 on wards, financial report, when compared to 2020 whole year revenue and profit. It will be inevitable that the performance will show a huge drop. and by then, in my opinion, the glove counters will drop to thier sustainable. And only then, for me, it is a very good buy, especially top glove with high CAGR all these years.

I think top glove is a company with good CAGR. OVer the years, if you invested 10 years back, the annual grow plus bonus shares can turn you already into++

It is a good company. But current share price is just over pricey and when Covid over and share price has much to depcreate when glove consumption back to precovid level.

At that time, maybe rm 3-4 top -glove , definately can invest due to high CAGR, and best and transparent governance of the company. Keep it for years it will reward you handsomely....I believe.

FGV is not in same league. A bad investment decision I made.

@Wesley Tq. Anything we have to do with regards to the mandatory delisting? If we do not agree to delisting, anyting we need to watch out, or anything we need to do?

Tq.

Guys, I received the letters on notice of receipt of unconditional offer for mandatory take over from FGV.

Anything we can do on this if we do not wish to accept? My buying price is much higher than offered 1.30.

So anything we need to do?

https://www.bbc.com/news/uk-politics-55435930
Brexit: UK and EU reach trade deal ending months of arguments

https://www.marketwatch.com/story/a-new-covid-19-strain-is-sending-stocks-plunging-but-heres-why-investors-shouldnt-panic-says-this-analyst-11608553375

Kenanga is an investment arm, there is a conflict of interest.

I remember back in previous US presidential election between Hillary Clinton and Trump, also all investment Big Funds predicted Billary Victory and gave verdict on market share plunged if trump win the election. But opposite happen when Trump did win it and share market soar.

Every since, I do not trust that much the so call analyst report by investment arm published in media.

I am in this investment for more than 10 years..Not first time bro. Yes, earn in good will. Yes, Good will ,and can earn happy money by proper study, analysis and good findings, bro.

Money earned through bad will is not happy money. God bless.

Merry Christmas and Happy New Year, bro.

@CWYeong, buy low sell high is good. That I do not have problem. I am only disagree on your strategy to shout negativity and market fear so that you can reload at lower price, and you actually feel excited about it. This part I do not agree. I hope your profit this way is your happy profit, out of good will. If you do not understand this point, I don;t have further comment.

Merry Christmas and Happy New Year bro.

@UlarSawa, I am actually hopeful for March21 Quarter report. March20 was like a nightmare with huge loss+impairment loss.

This March 21 Quarter report should be very hopeful on YoY, etc, plus the oil price could be also hopeful during March21 with all vaccinations. If and just if Sapura improve to 3 profits and zero loss, the share price should soar to 20 sen ++. Of course, all this is provided the refinancing of debt is done deal and announced.

I expect the the share price will rise once refinancing deal is struck and being annouced, hopefully by end of this year. And follow with a huge soar in March/April21, to prepare for next Quarter report.

That is my thought and I am hopeful on this to happen. And I will try load more from now whenever there is a significant drop in Sapura share price due to volatile oil price and market sentiment on pandemic/vaccine.

And I hope share consolidations will never happen. From what I know most shares after share consolidation will drop further...

@Ubah, no comment on competency for Sharil, but I remember once it was reported in news that the top management of Sapura drew high allowances despite no good business. So I think a change in top leadership may not be bad..Having new blood instilling new ideas and new contacts, why not?

The share price has dropped from 20-30 sen to 9 sen and rebounding now..So I think it will good to have new leadership.

@Zul, how many counter experiencing share price drop further, after share consolidating? lets not favor this...If this counter is ready. It can fly even with current share number. I remember, back in Aug/Sep20, there was one day where Sapura share soared up to 17 sen from 10 sen. That is a test water for big player and they have shown that they are able to do it.

@Invesbler. I think the key is refinancing almost complete. This is crucial. Sapura management can look forward for restrategize the company operation cost and the businesses. Oil showing every sign of rebound...

@CWYeong...You are shouting to create market fear and panic here to try reenter at low, and maybe once you reload enough you will shout on marker rebound, and you are feeling excited about this... Is this a good will or bad will, you judge? You can be excited about your wise decision to sell at high and make enough gain, that is fine. But can you not shout negative and market fear just to create false fear to allow you re-enter at much lower price? IT is a bad will.

Yes, no more comments from me on your excitement by doing this. Hope it is happy money for you to keep doing this.

Merry Christmas and Happy New Year!

If you think the counter is good, share your analysis and opinion, if you think counter is hopeless, share also your finding and analysis. BUt true to your mindeset.

If you shout here on negative news that you yourself know it is not true, and you yourself know it is temporaily, you are creating some fear to benefit your own...You can think if this is kind and good, and your profit you earn by buying low is out of bad will..Is this happy money for you to be in good mood? @CWYEONG

The forum here should be to share some findings, thoughts, etc, so that some others can have better insights, to analyze on own and decide on what is best to do, buy more to average down or sell off...

But I am actually sad, regret that there are people who shout negative and panic atmosphere, just to buy at low and lower. This is not happy profit you take in soon. Think about this @CWYONG

In my mindset, we should create hopeful market sentiment, based on study, analysis etc... If you know the market panic is temporarily and rebound in sight soon or later, and still you try shouting hard to scare retailers away with hopes to buy at low...it is like stepping on others wound to progress, do you think this is kind and good will?

Its ok to give study analysis, advices, and own opinion on buy or sell call, if you really mean it. But other wise, you are doing something that is bad. And the little money you earned from buying low from those scared and feared retailers, are these happy profit/money??

@CWYeong, I don't understand and I do not agree shouting negative news to try bring down the market and try create a panic atmosphere to scare retail investors to sell out, so that some people can buy at lower and lower from those making huge loss.

It is like stepping on others wound to climb up...and @CWYeong, you judge yourself if this is good thing to do?!

Latest Brexit deal hopeful...
No 10 fishing offer to EU raises hopes of Brexit deal before Christmas
UK negotiators reduce demand for EU catch reduction, potentially unlocking sticking point in talks

LNG (Gas) soar to 6 years high, Sapura is into this business now....double boost for the share price in next week....

I think healthy correction, for past 2-3 days, plus the revoke of RSS in Jan21 news out. Market in fear for last two days. But I think should post a stronger comeback early next week...Some corrections in market is good to give opportunty for investor to buy low.

Brent Crude shoot up to >52 USD...monday... Sapura should post a strong comeback!

Enjoy a nice weekend guy. Be patient, analyze wise, and have faith on our own study and analysis. :)

Tq @Kinuxian@Fortunemaster@Survivor13@Turbo8672@Warchest. Good to know some more interesting infos and facts on Ewint. That strengthens our faith in this stock.

What we do here is to share our thoughts and analysis on this stock, We would share our ideas and findings to encourage fellow investors and to help all to analyze wisely, so that we would not easily get affected by those short-seller who shout on fear to get us to sell our shares on loss and they are buying at low end, taking advantages from our fear during market panic.

I am one of early investor during IPO, and my average buying price is still far from tpday share price, and I am holding on it...I am taking the advices and info given here, which are facts.

IN addition, I am having faith, because I believe the founder LKS, will definately revive this stock, since there are just too many big tycoons invested on him on this stocks back in 2017, and this include one of most prominent bankers in Malaysia. We can find this info in the major shareholder details in

https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=5283

This banker through his Land Realty film, still holding on with huge orginal investment capital in Ewint.

Therefore I am sure the best is still yet to come, it didn;t come now, due to Brexit talk, and Covid resurgence in UK. BUt guys, vaccination started already in UK and Australia revoked the lock down in Victoria/Melbourn sometimes in Sep/October20, and next Quarters should be much more promising, both in UK and Australia. The Honkong people are moving to UK and Australia, this can elevate the sales significantly and contribute to revenue and profits. Lets keep tight, be patient to witness the revival of this stock to >RM1.2.

Hows the QR, any one know?