Comfort Gloves Bhd - Target Price RM1.25 by RHB Investment Bank


https://research.rhbtradesmart.com/report/22035/comfort-gloves-a-growing-speciality-glove-maker.html

Aluminium prices soar due to deeper cuts in capacity by China
PUBLISHED : Wednesday, 09 August, 2017, 1:27am
South China Morning Post



China’s Shandong province, the top aluminium producing hub, called for the closure of 3.21 million tonnes a year of illegal aluminum capacity by end of July, according to a statement on Shandong NDRC website dated July 24. The cuts are deeper than expected, Citigroup analyst Jack Shang said in an emailed note.

“This confirms our thesis that the clampdown on unlicensed capacity will be strictly enforced,” he wrote. “We see more upside risks on aluminium prices in the coming quarters.”

The global aluminium market may flip to a significant deficit, according to a report from Wood Mackenzie Ltd. A quarter of capacity in Shandong was unqualified last year, WoodMac said, citing government data. This year’s figure is 3.2 million tonnes a year, or 3 million tonnes at current operating rates, and if all that gets shut, it would represent 9 per cent of the nation’s total production for 2017, it said.

Full article below:


http://m.scmp.com/business/companies/article/2105998/aluminium-prices-soar-due-deeper-cuts-capacity-china

Break 52 week high today.Strong uptrend.

Initial investment in 6 lots Hevea @ 1.27 on 16/3/2016. Then buy more on lower prices and sell at higher prices. After collecting 2.5 sen dividend on 29/6/2017 my average cost is 95.5 sen. Substantial reduction in bank borrowings compared to 2 years ago. With ban on export of raw rubber wood, the raw materials should be lower for Hevea, Better prospects ahead.Still keeping the shares.

Financial results for quarter ending 30/9/2016
may be very bad?

When all the weak shareholders have disposed off the shares the price should go up. Hold on and be patient. You will be rewarded soon.

Airline Stocks Soar Boosting U.S. Stock Market Rally
by TheStreet 0:55 mins


http://finance.yahoo.com/video/airline-stocks-soar-boosting-u-205105377.html;_ylt=A2oKmM4HHXNX12cA1XMPQgx.;_ylu=X3oDMTByb2lkZ2kyBHNlYwNzcgRwb3MDMgRjb2xvA3NnMwR2dGlkAw--

The plane is at the fuel station for refueling. Once the fuel on board is full and ready to take off, you cant get the share at below RM2.48. Better buy Air Asia this week as it will probably move up very soon.

Dont need a rocket scientist to say RM2.70 is the Accurate Tip. Should be able to cross 2.75 by Friday, if not by early next week. Prefer to fly higher gradually, not up like a rocket. Otherwise it is like indigestion after a heavy meal.

Air Asia was only around RM1.90 at the beginning of May 2016. Now shot up to RM2.68 in 5 weeks. Where is Calvintaneng the doomsday prophet on Air Asia? Hiding in some caves?

chancc87 - Read The Edge for the big news. 1Q net profit jumps 7.75 times on higher sales.

Dont worry, can cross the barrier if not today, then early next week. Fly up up and away!

stockmanmy..if 100% load factor you also wont fly Air Asia. Not convenient to move around if full load mah.

Yes slap them hard. Should bar them from foolish comments. Market proved them wrong!

Calvintaneng talked a lot of nonsense and is quiet today because the market proves him dead wrong. Time for him to go away for a while.

http://klse.i3investor.com/blogs/ss2020_vaInv/92833.jsp

Window of Opportunity for Exporter Stocks. Regional Morning News by UOB Kay Hian 10th March 2016. Target price for JCY International Bhd is 77.8 sen. Cash rich JCY International offers attractive dividend yields of 6.3%.

As at 3.05 pm US Dollar is selling @ 4.4440 and buying at 4.3250 (Maybank Foreign Currency Counter Rates). Glove makers are smiling all the way to the banks. 4444 means fat fat fat all the way.

Probably taking over a small glove company would be much easier. Example Comfort Gloves Bhd.

Dear jolie2. The article in the Edge Malaysia is in 2009 and the author has passed away. Business environment is ever changing and not static.

Durian runtoh?

Ricky Nelson already up in heaven.

At 11.30 am, 43 lots were done @ RM3.20. Healthy correction.

Upon release of the June 2014 result, KSL's momentum will be like that of the high-speed trains in China. One traveller said the journey from Shanghai to Beijing of 800 miles (the length of the UK) and was completed in four hours, 48 minutes. Better jump on board now before the train fare goes ballistic. (Normal fare -2nd class £55, first class just under £100 and business £175).

How is the EGM today? 1 for 1 Bonus Issue approved?

This forum is on KSL. Why discussion on Hovid here? Comments should be in forum under Hovid mah.

How is the sales of their various on going projects? Don't see any comments in their sales position lately.This will have paramount effect on their cash flow.

jolie2. You seem to be the Public Relation Officer for IRCB?

The MD graduated from the University of Houston, Texas. Reportedly he was active in the Malaysia/Singapore students Association on campus.

The Author of Trade Zignals commented on 17 Jul 2014 - Entry 0.59. Target 0.68. Stop 0.52
What say you Saturny?

Why so quiet Saturny???

Increase of around 50-100% in rental may not be possible in the current economic scenario.
10-20% more likely.

Once the June 2014 results are out, it will be SEALED with a kiss.