Yes, from the financial point of view, windfall tax is good for the government.

In order to confirm this, we will know this Friday.

If you are really sure there won't be any windfall tax, what are you still waiting for? Wait for IBs to buy before you do?

N will definitely propose windfall. But he cannot propose it openly as he still needs fans to support him to run for another term if his conviction is overwritten like Anwar last time in 2018.

If windfall tax is out of the question, institutions will start buying soon.

A politician starts with N will definitely suggest windfall tax to PN gov to gain credit.

It now depends on whether PN accepts his recommendation. A suggestion of windfall tax can potential save Malaysia especially the Finance side. Do you think N will miss this golden opportunity?

Yes, Trump win will benefit glove stocks than Biden.

Biden is good for PPE companies. Trump win means more covid hospitalization, more demand for gloves. Trump win may also drive the demand for gloves during vaccination that he promised to come early.

Yes, I calculated wrongly just now. Was working hard while commenting. Yes supermax is deeply oversold.

I used forward PE of 20. I think KKY used forward PE of 40 = assume business 2x better for next year.

Please don't hate me for what I am going to say:

It is just a worst case scenario.

If no windfall tax, superman worth RM12
If windfall tax curbs at 40 cents per glove, superman RM9
If windfall tax curbs at 30 cents per glove, superman RM7

Just a rough estimate.

I am sure windfall tax will be suggested by someone starts with N. But the PN budget needs to be reviewed by all parties. Only Chinese parties will oppose the suggestion.

The Youtuber Harry Teo also agreed that Windfall tax is good for Malaysia to fight covid.

My question is how much glove stocks will be affected if there is a windfall tax.

Biden ban of fracking cost him his presidency. Many swing state's livelihood depends on shale o&g.

Ngam Ngam states that these two old men needs are the states that depend on fracking to survive.

It's very hard for Biden to win the swing states.

Baiden = PRO PPE
Trump = Covid is boring and should not be afraid

In fact, Donald Duck losing will get more drama. He said he won't concede. He will challenge all the losing votes and asks for a recount. He will use his newly appointed judge to nullify mail-in votes as he claimed there are frauds.

More drama if Trump loses. I like to watch if he loses.

Mkt_watcher, yes, polls are only good to predict popular vote. It's very hard to predict electoral vote as you need to separate polls on each county which is a very expensive project.

Polls are usually done in a leisure manner as broadcast companies don't have huge budget for it. But they use it to lure big audience -> $$$$$$.

Glove in Florida also got stolen from a Malaysian owned US company Medgluv last week.

Medgluv get glove supply from Koon Seng, a small company in KL.

What made you think Biden's victory?

Black Lives Matter or Clorox?

What you personally believe is not going to change what is really going to happen either

I don't like Trump and support Biden. But what I like cannot change numbers.

Polls only show the support from young people. Americans are mostly racist.

In the US:
13% black
64% white

Most Old People and Foreigners: Republican
Conservative and Religious: Republican

Polls:
Usually young people pick up phone. Republican usually refused to give out info. Polls will always show a Democrat win.

Supermx is undervalue. Even with windfall tax, this company is a good deal.

Rotational play by operators. Without rotation, retail investors fund is not strong enough to push anything through as local and foreign institutions are in the sideline now.

The rest are Asian and Latino.

If you look through comments in the Youtube, most Asian American supports Trump as they need to Trump to suppress China's tyranny.

Only Latino supports Biden as Trump's Great Wall is to block Latinos from Mexico.

64% white vs 13% African American.

If Trump loses, it is even worse for the stock market as he has vowed not to concede even if he loses. There will be riots either party wins.

The article is causing a surge in glove stock price today.

If you look at the time of publication and the chart of glove stocks.

Why you people believe in polls? The polls predicted Hillary victory back in 2016.

Out of my expectation, i3 folks here expected a Biden victory. That PPE counters to surge today.

Biden fared even poorer than Hillary in some states in 2016.

Like I said don't believe in polls.

Polls are good to predict a Republican win and poor in predicting a democrat win as Republicans are more conservative and refuse to participate in polls.

While in Malaysia, windfall tax is very possible at this moment that could cause glove stock to plunge until Friday maybe even next Monday.

If glove stocks plunged, all other PPE counters will follow.

Vaccine counters will be good as there will be a special budget for vaccine which is also the main topic of this budget and anyone who opposes this budget will be boycotted by voters in GE15.

Green energy and 5G related counters will be good too.

US Election is a bit special this year with one side say he won't concede if he loses.

There is also a high chance that the election is not conclusive this Wednesday unless Trump takes a big lead to prevent Biden's call for investigation.

Biden's ban of fracking in swing states will cost his presidency.

If there is a big win for Trump and Biden concedes on Wednesday = big win for stock market.

Most likely there will be riots if either side wins. This is the darkest time in America since civil war.


If you still think this election is a small deal, probably you have sold all your positions and prepared some pop corn.

https://www.malaysiakini.com/news/549029

It's tough week for glove stocks.

The real engine starts this Friday or next Monday when the cloud is clear.

Budget will be passed definitely hopefully with no mention of windfall tax.

If US presidential electoral result is confirmed this week, next week is a week that many people/institution may flock into stock market.

Some may even stock up goods this Friday.

If US drops, Bursa will drop too.

If you look at the chart of US indices, all other stock exchanges in the world follow.

Except China. The chart doesn't look quite like the rest of the world.

Trump will push forward harsh policies towards China.
Biden will adopt a bit of leniency towards China.

If Trump wins, many factories in China will collaborate with factories in Malaysia to gain access to US market.

Unless our politicians made some bad remark about US or Religion, we are better off if Trump wins as China needs Malaysia as a camo ship products to the US to evade the 25% tax.

What do you all suggest to buy if Trump wins? A riot for the black and celebration of the unmasked white mean more covid cases.

Healthcare? Tech? As Trump will further attack (va)China? Many Chinese tech companies will use Malaysia as camo.

If US Election is conclusive next Wednesday, stock rises. Then fall again prior to budget.
If not, stock plunges.

If Trump wins, healthcare except pharmaceutical stocks plunge. Oil rises.
If Biden wins, healthcare stocks surge, oil and pharmaceutical stocks plunge, then all stocks plunge as Trump doesn't concede.

As predicted, many stocks tumbled prior to US presidental election.

Malaysia is added with more salt as politicians are fighting hard for power. Luckily Agong is able to stop this. No politician truly care for rakyat except the king.

IB will stay away from buying stocks for the next few sessions due to US presidential election? Any expert here?

现在大马股票面临美国大选的风险 和 污桶给丁丁的只有一个月的限期支持。本来好好的，现在又来个政治不稳定的局面只是因为有两个人不想坐牢。

这也是爪文和禁烟条例带来的后果。华人和烟民也是要付责任的。

星期五或下个星期一是大银行家不动日。因为为了减低风险，银行是不买股票的。

4年一次的美国盛会。

明明 鸡败和假死 是幕后黑手，现在讲到它们是爱国爱民的大好人。大马人醒过来吧。

He hinted he is the major contributor of Topglove's success.

Windfall tax? Maybe.

鸡败露出马脚了。。。原来是它和华哥无间。。。


祸根源头：
爪文与禁烟令

给了鸡败和假希太大的动力，赢了很多选票。。。

没有三国。华哥大势已去。

从前。。。
大马有补选
污桶屡战屡胜（除了波德申）（甚至华人区，污桶大胜，可能是烟民区）
老马急了
爱滋和丁丁也急了
眼前即将失去政权
滋与丁叫老马早日跳船去污船
老马拒绝
喜来登政变事件
老马想了独裁计但被看穿
国王不欢而选丁丁
老马唯有落马
鸡败假希大喜
到处开条件以夺权（沙巴拒让路导致大选）
但不能张扬因为有疫情怕被选民责怪
给华哥假希去试探丁丁和选民
丁丁急了
想了空城计，去见国王
国王大怒，警告鸡败和假希
如财案不通过，是你们的错
瘟疫肆掠，不宜换政府
鸡败假希终于乖乖再等代机会，为己洗罪

祸根源头：
爪文与禁烟令

给了鸡败和假希太大的动力，赢了很多选票。。。

目识丁 高招。 他是赢家。 鸡败现在不可以在预算案投反对票了。一直都是污桶在威胁丁丁。

Eco aggressive moving forward without using brain. Management and staff are professional. It's just lack of strategic planning. Boss just want to quickly wrap up the gift box and sell. Now nobody wants gift box due to poor economy. Boss sells the company.

A wrong boost in the wrong direction and timing.

It's normal for investment banks to reduce positions ahead of the world's most important election.

The recent inability for PPE to shoot up is due to IBs sell off positions to reduce risks and take profit.

我目不视钉，别问我。

今天目识丁，封新官废材?

贱世爸：包装好，价钱Hoot高高，房产旺期，赚了荣誉。
贱世子：学老爸，包装好，价钱Hoot高高，买烂地，房产虚火，害了股民。
咸鱼：不懂包装，学包装，房产虚火，学卖手套。

贱世vs咸鱼评估终于出炉。

US: Trump will win. Covid cases surged.

Malaysia: 62% same race will win any election. Anwar has been duped or he is just not smart.

Ecoworld: Top management used their reputation to con funds and turned into high salaries for employees. Property market not good. If property market good, it is still OK.

Malaysian glove stocks: demand for PPE will rise again due to US/global case surging again.

MAHSING: A bet for high demand in "glove stocks" not demand for "gloves".

Back to USA presidential election,

I think Trump will win no matter what. He said he won't concede if the votes happen to be not on his side.

He will challenge the result using the newly appointed judge despite the fact it was an illegal act. He will win no matter what happens on the 3rd of November.

原来安华是以弃华这一招。。。