Mustovoi If everyone study this company properly, the profit growth, does it matter if u keep collecting at 3.8 or 4.5???
At the end u know it will reach at least 8 or 12.
Impossible to time the market...sometime u win sometime u loss.
10/08/2020 1:56 PM

Profit growth...u got to calculate it yourself... different numbers from different people...but be conservative in your calculated risks. So at this price for me... it's still reasonable...if above 100x PE at present... probably no Margin of Safety.

startrader You didn't sell any. Steady!

kramer still hold from rm1.50. today my remisier even advise to sell some percentage. i almost...

Strong Rebound...if want to increase your Margin of Safety...Sell half or some at higher price... Don't anyhow sell... it's an earnings growth counter...◉‿◉

geary Sold some at...@0.70...All free shares... Hold...◉‿◉
10/08/2020 1:24 PM

#100%... Margin of Safety...ʘ‿ʘ

Sold some at...@0.70...All free shares... Hold...◉‿◉

Lee Kok Wee Later MAL glove will all turn green
10/08/2020 11:22 AM

Surely n Steady Rebound Soon...◉‿◉

NATION
PM: Msia ready to provide support for Covid-19 vaccine development [NSTTV]
By Adib Povera, Rizalman Hammim
August 8, 2020 @ 2:00pm

PAGOH: Malaysia is prepared to provide assistance in the development of a Covid-19 vaccine, which is being undertaken by several countries around the world.

Prime Minister Tan Sri Muhyiddin Yassin said in April, the Health Ministry established a task force to look into providing support for developing a vaccine for the deadly virus.

"This effort is to explore strategic cooperation opportunities with other countries in the research and development of vaccines and medicines for Covid-19," said Muhyiddin in his speech at the launch of the Embracing New Norms campaign here, today.

The government, he said, is monitoring closely the Covid-19 situation not only in the country but also around the world.
–– ADVERTISEMENT ––

"I learned that several countries are in the process of developing a vaccine for Covid-19.

"However, it is likely that the process of developing the vaccine will take some time and most likely (the process could be completed) by early 2021," he said.

It was reported that researchers and pharmaceutical companies around the world are racing to develop and test a vaccine for the virus.

AFP last month reported that there are more than 150 projects on vaccine development by private Chinese pharmaceutical firm Sinovac Biotech.

According to the same report, the vaccine has entered the final stage of testing in Brazil, where volunteers received the first dose.

In another report, a study by the New England Journal of Medicine found that a vaccine developed by a United States biotech firm has managed to induce a robust immune response and prevented the virus from replicating in the noses and lungs of monkeys.

The vaccine by Moderna, according to the report, uses genetic material in the form of viral ribonucleic acid to encode the information needed to grow the severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) spike protein inside the body of humans, which will subsequently trigger an immune response.

RELATED ARTICLES

NATION Aug 8, 2020 @ 12:23pm
PM: All Malaysians are frontliners in Covid-19 fight [NSTTV]

NATION Aug 8, 2020 @ 1:43pm
PM launches 'Embracing New Norms' campaign.

Newbie0001 Buddy,
Got one potential one to share, just sold out NOTION and all in the stock, this baby venture into PPE covid related products, also potential FDA approval PPE products like NOTION, still very undervalued, potential to be limit up like NOTION... Just sharing...

https://klse.i3investor.com/blogs/smartinvestor88/2020-08-05-story-h1511556670-XDL_5156_Another_Limit_Up_Counter.jsp
09/08/2020 6:15 PM

Don't anyhow buy China company listed in Bursa, SGX...even in HKEX n DJ or NASDAQ...be careful...better don't touch them if u don't understand...lot of fake earnings growth...ಠ︵ಠ

sharediscuss so, it means next week will drop more and might take 1 -2 months to up TP5-6?
09/08/2020 2:29 PM

Invest n Hold,

Only 4 points,
1. Sales Up.
2. Net profit margin Up.
3. ROE Up.
4. Debts Down.

kakibulldogs gogogo vaccine, with vaccine doctor dont need glove to perform injection...

if undergoing vaccine injection, assume 20m of malaysia population compulsory for injection.. do doctor need to wear the glove and change it while injection or with bare hand??
09/08/2020 2:01 PM

Not only doctors wearing gloves...all the specialist...nurses n others working in hospital need to... especially there are inside n doing specific functions...plus masks n PPE.

Covid19 Pandemic.

Mexico warns of 'prolonged pandemic': Coronavirus live updates

Italy's cabinet approves $29bn package as Mexico official warns of 'prolonged pandemic' amid rising cases.

Brazil n other Latin America countries also rise in cases.

Covid19 Vaccine.

White House coronavirus advisor Dr. Anthony Fauci that the chances of scientists creating a highly effective vaccine — one that provides 98% or more guaranteed protection — for the virus are slim.
Scientists are hoping for a coronavirus vaccine that is at least 75% effective, but 50% or 60% effective would be acceptable, too, he said.

The FDA has said it would authorize a coronavirus vaccine so long as it is safe and at least 50% effective.

pang72 Who get vaccine is not important to me..

Dpharma or pharma.. You go fight..

Sinopharma mfg vaccine is what I interested... And partnership with Titijaya..
08/08/2020 11:58 AM

Critical thinking... differentiate between the line...News n rumours are there...so Buy on rumours...Sell on News...｡◕‿◕｡

birkincollector https://www.theedgemarkets.com/article/titijaya-teams-chinas-stateowned-healthcare-group-sinopharm-supply-ppes-test-kits

Read above links. They also will collaborate on medical real estate. So the medicine/vaccine hub already in planning since april

Power...◉‿◉

Ais Milo lucky sold . will Q at rm3.hehe
07/08/2020 7:48 PM

Unlucky u sold...Mr.Market always quotes u a price... decision is yours...take advantage of him n don't get caught or influence by him...if u really know what u buy or invest. U panic sell...because u have no knowledge n confident in your own analysis. Of course it's like a thesis... until it's proven..u are a qualify... Professor...¯\_( ͡° ͜ʖ ͡°)_/¯

pang72 Hwgt 1.20...

Titijaya will chase to 1.20
07/08/2020 5:42 PM

｡◕‿◕｡

pang72 I can't agree hwgt can limit up to 1.20 with fake collaboration on vaccine..

However, sinopharma top notch China pharma company partner with Titijaya only up 14c to 46c closing.

I am absolutely can not convince...

So, we sapu lorry by lorry and wait for next week limit up when people realise who is China Giant Pharma Co.... Sinopharma!
07/08/2020 6:49 PM

Profit taking lah...me included...sold half that I bought on margin...keep half bought with cash... above...@55%...gains...one day only...◉‿◉

GLNT Good. It will be used to house 15 production lines.
07/08/2020 6:13 PM

Just Hold...n be patient...Any Weakness buy...but remember to sell on Strength...to have substantial margin of safety...:-)

haihai Not only TG closing red.. Quite normal Friday sale. Still above 28 anyway
Steady!..
07/08/2020 5:10 PM

Today morning...volume bloody high...I knew selling also high...later on...most counters are down...all gloves counters...RED...¯\_༼ᴼل͜ᴼ༽_/¯

dingdonghuat Silentreader88 Haha come on guys, its mainly not profit taking. but intentionally created by bursa so IB can go in at lowest price. Haha. Congrats those holding and not cut loss. next week will rebound. If you cut loss, means you are loss now.

they will never learn but those that have seen the same drama will know how to play the game,
remain TP 7 (by right should be 8.88, but 7 is ok)..haha
07/08/2020 5:01 PM

Those who thinks investing is easy n exciting are having wrong habits n attitude... Successful investing is very Boring...¯\_( ͡° ͜ʖ ͡°)_/¯

Miracle7 28.26 this morning ..haha I though wow 29.00
But I Still holding it
07/08/2020 4:56 PM

Support at present time...Next week can break resistance at...@29.30...Hold...◉‿◉

trylearn123 game over?
07/08/2020 3:47 PM

No... collaboration with sinopharma...bloody good news...only how they convince the public...maybe vaccine also involved...◉‿◉

yeochingu topglove still steady yea
07/08/2020 3:29 PM

Today Friday sure have profit takers...will break resistance again...then above...@30.28...◉‿◉

Gooner82 Great news that mr lim is acquiring more shares!!
07/08/2020 3:33 PM

Insider buying is positive news... Consolidating now...(•‿•)

stockwinner Multiple roadblocks ahead...TAKE PROFIT and jump to Pharma/Dpharma now.. BYE
07/08/2020 3:33 PM

Contra gains...60%...cabut...but still hold some...◉‿◉

Pvd3Wseng If not mistaken it’s registered under Careplus Vietnam. Is the same with Careplus? Can’t find any info
06/08/2020 5:17 PM

Company got to be transparent n have good governance towards shareholders...maybe they haven't really into roduction yet...just planning. Wait for their announcement...༼ つ ◕‿◕ ༽つ

Miracle7 I regretted I sold all
06/08/2020 5:11 PM

Just buy back... consolidating at these prices for quite long...When this Dragon gets Angry...u know I know lah...fly up to heaven...(ʘᗩʘ’)

Gooner82 It was last updated on 3rd aug 2020. Go check yourself. Careplus has surgical mask and ppe as well :)
06/08/2020 4:33 PM

Any link bro...(・o・)

STUPIDPUNCAKKPS resistance RM32
06/08/2020 2:32 PM

Something fishy...To be Top in Bursa...then imagine Topglov...Top in SGX...beating DBS bank...Dual listing there...become TOP...SGD20.00...＼(°o°)／

yttihs @geary not assumption leh...from The Edge article on the link.
06/08/2020 2:30 PM

The edge IB... Fair...me Fairer... Slightly lower...kiasi mah...@Rm 48.88...Oct...◉‿◉

yttihs,
PAT expectation for rally to continue:

TG - 866 million quarter
Supermax - 312 million quarter
Harta - 476 million quarter
Comfort - 151 million annual
Careplus - 87.92 million annual
Rubberex - 18.8 million quarter
Kossan - 243.5 quarter
06/08/2020 2:24 PM

Fair Assumptions...｡◕‿◕｡

KYY,
Most important question:

"I hope one of the attendees will ask what was the ASP, average selling price of gloves in June, July and August.

At the recent Comfort Glove AGM, the CEO said that he could increase his ASP by 5-10% every month depending on the type of customers. He would sell cheaper to his long-term customers and at higher prices for irregular customers. Due to Covid 19 pandemic, the demand far exceeds supply and he could easily increase his selling prices.

However, in the case of Top Glove, I have assumed that Top Glove could increase 10% of its ASP on month to month to calculate its 4th quarter profit which will be about 5 times its 3rd quarter profit. I have posted my article namely “Top Glove’s 4th Q profit is 5 times its 3rd Q profit” on i3investor.com and also on my blog: koonyewyin.com.

If Top Glove could increase its ASP by 10% month to month, its 4th quarter profit will be 5 times its 3rd quarter profit".

Reasonable forward PE for gloves counters...50x...｡◕‿◕｡
06/08/2020 12:17 PM

First time I see good FA... company like gloves selling at above...200x PE...(゜o゜;

Goldberg @investorbat . FYIE 2021 Eps at RM2.15

PE of 30x works out to Rm64.50. wow!

PE of 40x - RM86 - wow!
06/08/2020 12:11 PM

Reasonable forward PE for gloves counters...50x...｡◕‿◕｡

SMAX888 https://www.theedgemarkets.com/article/how-much-profits-do-glove-maker...

very confident to beat annual 87.92M profit to match the PE..real underdog..TP 6 is underestimating them...

Realistic TP is 7, even 6 cannot justify it
06/08/2020 12:06 PM

Using current PE...@8.88...◉‿◉

Do not be deceived: God cannot be mocked. A man reaps what he sows. The one who sows to please his sinful nature, from that nature will reap destruction; the one who sows to please the Spirit, from the Spirit will reap eternal life.

Human beings just don't understand...all great religions preach it...KARMA...But people think otherwise...human beings are ignorance by nature...¯\_( ͡° ͜ʖ ͡°)_/¯

MasterYoda unethical company,all LIM are cheaters!
06/08/2020 11:49 AM

U start to cheat others... that's why u are cheated by others...karma is 100% fair...u reap what u sow...¯\_༼ᴼل͜ᴼ༽_/¯

secretinvestor8888 i am secret investor 8888 and i have a prophecy: 28.88 by 18 august SUPERMAX... BE FOREWARNED
05/08/2020 7:42 PM

Then Topglov...@38.88...^_^

didioil132 yttihs, Top Glove is mix of OEM and OBM. Depends on the weightage ratio of OBM and OEM. You can check on the TG website, they have their own brand.
05/08/2020 7:26 PM

Never mind the brand lah...sales increase...@100%...net margin better than Harta...@25%... Fantastic margin n sales...profit Up...@400%... everyone...(人 •͈ᴗ•͈)

MasterYoda All glove stock will kaput soon once a reliable vaccine is out,you think you are making now but in the end you will be the biggest loser if you don’t run away while you can :)
05/08/2020 5:54 PM

Vaccines alone won't...maybe they need more gloves...unless...Covid19 is over n oversupply of gloves...ᕙ( • ‿ • )ᕗ

KUALA LUMPUR (Aug 5): Top Glove Corp Bhd executive chairman Tan Sri Dr Lim Wee Chai claimed today that old issues involving forced labour allegations against the company were due to an activist who intended to “sabotage” the group.

“He said bad things about the company and the industry," Lim said during a press conference in Parliament today.

An activist maybe was paid by competitors to sabotage the management team.

yttihs https://www.freemalaysiatoday.com/category/nation/2020/08/05/top-glove-to-refund-rm50-mil-in-recruitment-fees-to-its-foreign-workers/
05/08/2020 5:51 PM

Will Rocket...very soon...｡◕‿◕｡

https://www.klsescreener.com/v2/news/view/710525

Maybank...sap sap water...i think...DBS is Topglov target...n become the top market cap in SEA...^_^
04/08/2020 9:12 PM

Topglov above...RM60...market cap...beat DBS bank... that's...10 baggers... possibility is real...:^)

Miracle7 Ok geary hope ur wish come true 32 this week
04/08/2020 8:56 PM

Maybank...sap sap water...i think...DBS is Topglov target...n become the top market cap in SEA...^_^

Kendo Ken Hz TG can earn EPs of RM 1 this year, and next year rm2...
Which is 2.4bil n 5 bil....profit..
.u just give a PE between 30x to o 50x..
04/08/2020 8:35 PM

Margin of error...will be higher with above 1year assumption...we don't know what other unforseen circumstances can happen...ಠ ೧ ಠ

yttihs @geary i know lar. But shiok sendiri a bit mah. Shiok auntie uncle abit mah. Must do like corporate - advertisement a bit mah. Otherwise, how to increase sales, hahaha.
04/08/2020 8:15 PM

Good marketing...(. ❛ ᴗ ❛.)

Miracle7 Geng ..I re enter at 28.36..the next following 3 days still can go up till 32.00 ?haha
04/08/2020 8:08 PM

Demand or bidding get higher n higher u will get it...no question about it...looking promising these two months...｡◕‿◕｡

yttihs Actually I am still thinking. He used the whole

(whole quarter revenue X 1.1) - (whole quarter production cost)

This is the part I am confused. Can someone good at accounting or manufacturing explain a bit?
04/08/2020 7:49 PM

By the way my brother is a Certified Chartered Accountant...ACCA. He did said don't read so much or trust those numbers...there are manipulation of numbers...but we check everything are reasonable okay...we signed n not against corporate law...is okay. So think of the business products n how efficient they are...those demand n supply... important the demand for its shares...◉‿◉

yttihs @geary hahaha...just say yes or correct lar...you want this boat tenggelam issit...hahaha

joking :P
04/08/2020 7:31 PM

I suggest whatever happenings...just sell...@50%...when u gain...@100%. so the 50% u are holding are free shares...so whatever unforseen circumstances happenings u still feel relax n life go on happily...｡◕‿◕｡

yttihs @geary hahaha...just say yes or correct lar...you want this boat tenggelam issit...hahaha

joking :P
04/08/2020 7:31 PM

At present n till January it won't sink...so we cannot just use numbers... Covid19 nobody knows how it happened...So be prepared whatever... Don't hold until u don't know when to...Sell...(・o・)