Budget sure no windfall tax now.

Joker just switched side.

那鸡败说是美女的错。

I think Joker and RHB dude just bought a lot. Now they may switch side, promote their sweet new babies.

Knee Jerk means sharp rebound after sharp drop.

I think this is knee broken.

You are right, Buffet bought vaccine. So you are buying gloves?

Eat Banana liao.

Former CIMB CEO drafted a very bad budget. What can you expect?

Vaccine also can be used for covid patients. Fauci required vaccine to be effective on covid patient on the first 10 days.

Warren Buffet is switching to healthcare stocks. Malaysians are moving away from healthcare stocks. Malaysians are way ahead of the stock market and Warren Buffet.

因为胸大美女给 恶人 追，美女不小心弄到马路大连环车祸导致死伤无数。请问这是美女的错？还是恶人的错？

手套股合理PE应该只剩5。

疫苗+太多对手。

如木材股，PE5是合理的。

8.00 -0.78 (-8.88%)

An indication from God? Or it is an warning that this is the best price starting today?

Yes. Forming downtrend soon. TA wise.

Now the market is talking about full recovery. Not about gloves anymore. Imagine you live in 2022, the demand for glove plummets. Mahsing is 两头不到岸。

Demand for gloves will still be good until end of 2021. But the stock market is looking for good deals in 2022. The stock market has leaped forward again after the 2008 and 2020 stock market crisis.

After 2008, leap one year.
After 2020, leap two years.

Stock market is now a very forward thinking indicator.

Now it depends on how forward thinking investors are.

6 months? 1 year? 2 years?

Badmouth here killed supemx.

Badman killed Superman.

It's just a sentiment problem. Not a FA problem.

Superman making good money. Can even acquire new biz. No way to go bankrupt.

I pray for covid to die not superman.

旧经济股大热。一个吻也是其中一个。

Supermx is still better than Topglove no matter how you evaluate.

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I think a lot is migrating to post pandemic investment.

The worst kind of pursue is the new startup of glove factories.

But sifus are pushing punters into this category.

Not sure Sifus are thinking. To me, they are just trying to con.

The power of demand VS. Sifus goreng

Gloves VS AT

Worse covid problem in the US now doesn't translate into better glove stock price now.

The question now is that will glove price decoupling from covid cases last?

Or it is due to inconclusive budget?

We will only know the end of the month.


Coming next week: analysts in the US warned of a market correction next week due to:
1) Trump court cases will heat up next week
2) Biden suggests a lock down in the US for 1 month
3) December earnings coming

Yes. Wind changed already.

People planning for post-pandemic punts.

Currently the theme is to use KYY's followers power to push a counter up and then cabut to other counters like katak.

Without confirmation on Budget, IBs will stay out.

Superman underpants fans followed KYY to new music chair.

What's left here? Long term investors that may soon migrate to other counters.

Just like a nice lady after sleeping with many times, you tend to feel bored despite the numerous happy times.

Glove slowly turning into dividend stocks under Biden...

Good for collection. Bad for get-rich-quick.

Sharks will goreng penny stocks... you'll see.

This is just a legal way to con money.

Sifus with followers will always make money no matter how bad the company he or she recommends.

Budget not yet approved.

Vaccine news will be flooding in ...

Bad for gloves.

Sifus will make money. Those followers of sifus who follow early will make money from late comers.

Stock brokers usually don't know how to calculate the fair price.

Their recommendations are based on rumor.

TOPGLOVE is way more expensive the SUPERMX if you know the simple calculation.

When I said forward forward ... PE, I was actually making fun of sifus.

For such punts, you just need to follow what sifus said. Although it is bullshit, the price will move no matter what the excuse was given.

Need to wait for the vaccine euphoria to subside and more positive news from Budget.

I think the Budget side, things may get worse each day as politicians who successfully crush PN will replace the current gov.

Still two weeks before the vote for budget approval.

I think the market now:

1) IBs will not take up much position as long as Budget is not conclusive as windfall tax can come back any time with record spending involved, chance of budget being rejected is getting higher each day. Jibbai is counting the days of his acquittal.
2) Sifus now look at forward forward PE, even the guess is wrong, it takes a very long time to price them wrong. When the time arrives, nobody remember what sifus said.
3) Expected vaccine news to flood in one after another

= bad for gloves but good gloves manufacturing startups as they are about forward forward forward forward PE...

Post removed.Why?

Like I said no pandemic fair value is RM7.60.

No pandemic means no covid.

Unless there is a windfall tax or management spend money like water irregardless of the well being of shareholder(very possible), less than that.

IBs know how to calculate.

They might want to get the 2% stock dividend offer early next month.

Three things that cause nightmare to glove stocks:
1) Vaccine
2) Tun M's hint of more tax
3) Joe Biden's good leadership to get rid of covid

Gohhocks , you need to divide EPS by two for those quarters before split. If you forgot to do that, you may see EPS flattening.

I think EPS will only go down Q2 2021.

But management may purposely push down EPS and spend a lot on expansion or new biz.

If pandemic is over, ASP drops, ... Superman underpants still worth RM7.60.

Potential Problems:
1. Company may overspend in coming quarters just to make sure they are the biggest beneficiary and purposely reduce EPS.

2. Windfall tax is added to Budget after Tun M's remark yesterday.

3. IBs will not go in if they cannot confirm there is no windfall tax or election.

Cheap buy today!

The biggest threat is still Tun M's remark of budget 2021 could bankrupt Malaysia hinting money collected will not be enough to pay for coming Budget.

Hope he doesn't mean ..... .. . x... . . ..