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2020-11-12 12:40 | Report Abuse
fundamental stock do come back.
2020-10-15 13:12 | Report Abuse
0.07 rolling and rolling. should report them for churning
2020-09-18 17:37 | Report Abuse
RHB Investment projects Top Glove's 2021 earnings at RM9.46b | Money | Malay Mail https://www.malaymail.com/news/money/2020/09/18/rhb-investment-projects-top-gloves-2021-earnings-at-rm9.46b/1904334
2020-09-14 07:28 | Report Abuse
I dont understand. why it should be up. is there any material news
2020-09-12 17:38 | Report Abuse
if Mcquarie used research report for their own selfish means.. well people will also use social blogs to boycotted for unfair and misleading report. media
2020-09-11 06:08 | Report Abuse
FYI...Worth a read
Unlike a company warrant, a structured warrant is issued by an IB in return for a premium. So the first investor buys the structured warrant directly from Macquarie, and then the warrant is subsequently traded freely on Bursa just like any other share. At the expiry date, if the mother share price is above the warrant exercise price, Macquarie will settle the difference in cash. If the mother share price is equal to or below the warrant exercise price, the warrant will expire worthless.
Now in this case, Macquarie issued this warrant C67 on 3 February 2020 (before the covid19 bull run) with an expiry of 16 Oct 2020 (next month).
With an exercise price of 1.67 and an exercise ratio of 1.333, Macquarie will have to compensate in cash to all warrant holders if the mother share price close above RM1.67. For example, if the mother share price close at RM5, Macquarie will have to compensate RM2.50 per warrant [(5-1.67) / 1.33]. If the mother share price close at RM8, the compensation is RM4.76 per warrant [(8-1.67) / 1.33]. As you can see, even though the difference in the mother share price is just 60% (8/5), they will need to compensate 90% (4.76/2.50) more. This is the leverage effect of a structured warrant.
Now the next thing that people need to know - just 2 weeks ago, Macquarie issued a report with a TP of RM30. Today they issued a new report with higher profit forecast for 2020, 2021 and 2022 on the basis that ASP is increasing faster than expected.
At the same time, he halved the TP on the basis that "ASP cannot sustain forever". What changed the analyst's forecast within this short 2 weeks? Did he suddenly talk to industry leaders worldwide to realise that ASP will not last forever? He did not know how to do his job previously and suddenly now he knows? Did he suddenly have a crystal ball?
Or did some head of department from the derivative division realised they shouldnt have issued C67 because they didn't expect the bull run sparked by Covid-19, spoke to the IB CEO, who then spoke to the head of department of the research division, who then had a "word" with the independent research analyst?
I'm not accusing anyone of anything, I'm just stating the facts and "possible scenarios". You make the judgement. This is something we need to ponder upon before taking in the headline RM5.40 downgrade report.
2020-09-10 18:53 | Report Abuse
TG share buy back.. if not I think today price is already 5.40
2020-09-10 18:52 | Report Abuse
Date of buy back10 Sep 2020Description of shares purchasedOrdinary SharesCurrencyMalaysian Ringgit (MYR)Total number of shares purchased (units)14,930,000Minimum price paid for each share purchased ($$)6.120Maximum price paid for each share purchased ($$)7.400Total consideration paid ($$)99,934,285.00Number of shares purchased retained in treasury (units)14,930,000Number of shares purchased which are proposed to be cancelled (units)0Cumulative net outstanding treasury shares as at to-date (units)18,306,800Adjusted issued capital after cancellation
(no. of shares) (units)8,133,314,774Total number of shares purchased and/or held as treasury shares against total number of issued shares of the listed issuer (%)0.22508
2020-09-09 14:21 | Report Abuse
I meant fd rate is so low.better investment in gloves. sorry for error in spelling
2020-09-09 14:20 | Report Abuse
it senseless to sell at this level. expected a net profit of at least 800M for this quarter. just buy all the way down using your excess money. FD rate is sold.. its a better investment in floves
2020-09-03 07:16 | Report Abuse
tech stock will be the theme in 2021 and 2022 looking at 5G and AI and of course those with online platform deals like xox ,myeg
Stock: [ERDASAN]: ERDASAN GROUP BERHAD
2020-11-20 06:35 | Report Abuse
KYY is a stock influencer. but the decision is ours. if u believe in the growth of this company u buy, dont need to worry abt the goreng part.