Oh did I try to convince anyone here to buy low PE counter? I was just explaining to a guy who ask about PE. Don't be so Kehboh.

PE is not even future prospect, PE can change every year lah, dont lower my IQ again Stockinnofun.

Stockisnofun my IQ drops already. I blame you.

"I can say pretty much got many company surpass topglove when come to earnings but still well below topglove market cap."

Huh, PE ratio can be calculated by

PE = market capitalization / net income (yearly).

But I agree once the pandemic gone in the few years, the PE will definitely increase. That's the main risk here for investors.

So all these tech counters with >100 PE, they better have super good earning to show in the future otherwise..... who wants to wait 100 years for the company to earn back capital?

PE at 5 means for every five ringgit invested, you get back 1 ringgit per year. Five years can earn back all capital.

Why play margin on downtrend counter? very dangerous.

Tesla bubble is bursting, already dropped from 880 to 690 now. Back to value play soon?

Me 5.25 matched, no fear man. hahaha

Ibs leaving hahahah, they done today

Rumor says Top glove new secret product is actually Top ass glove, the ass glove can be used to test virus by digging ppl asshole for crap to test. 99% efficacy according to China.

China Anal swab
https://www.health.com/condition/infectious-diseases/coronavirus/anal-swabs-coronavirus

Sam Singh is reportedly the first customer of Top Ass Glove.

If face senget glove limit up.

max fear

How JP morgue rapes Malaysian Ikan bilis.

How Hong Kong beats Soros
https://news.cgtn.com/news/2019-08-14/How-Hong-Kong-survived-the-1998-financial-crisis-J9lwvZrsNq/index.html

let all glove drop to < rm 2, take private, ikan bilis can choose to be private partner right?

The thinker is being sarcastic lah, why so serious?

if supermax drops to RM 2 really can privatize easily( 2 X 2.7 billion shares = 5.4 billions). This year alone they should already make more than 4 billions. Buy remaining shares from scared ikan bilis then Stanley Thai can live in US penthouse forever with KYY as partner.

Cucuk time is max fear time, many brave warriors will catch failling knife.

Ibs want earn from both directions mah, they are winning for the time being. hahah

Tell Ah Cai to stop giving dividend, let it drop till 1 then take private. Muahahahah...

Rm 2 ah Cai takes private loh, RM2 x 8 billion shares = 16 Billion MC only. These few years can earn all back and buy back all shares. Bye bye no need to worry about JP morgue, can focus on company more.

I still dont understand why ppl buy a single bitcoin for 57K. What is the value in it other than money laundering which makes it worth 57K per bitcoin. Even precious gold doesn't worth that much per ounce.

PRICE IS WHAT PAY, VALUE IS WHAT YOU GET
---- Warren Buffett ----

Added some huhuhuhuhuh, hope it's not falling knife, it's fine, my portfolio quiet diversified, one up one down.

Next pandemic cycle sure new high, the US seed has been planted

Foreva .... foreva................................aaaaa

Lets sing a kpop song to celebrate with Glove bros. Foreva ............... Foreva.................... samsunghamsimdaiia (korean) (translated as "in penthouse with KYY and disposed gloves")

https://www.youtube.com/watch?v=wog1R1d4zls&ab_channel=SMTOWN

Many things can be overturned and overturned and overtuned in Bolehsia, better run mah
https://www.theedgemarkets.com/article/high-court-overturns-guilty-verdict-stanley-thais-insider-trading-case

Stanley lives real life penthouse, 90% investors live stock penthouse, sob sob. Harsh reality

Ah cai gives face to JP mah, wanna leave faster leave lah, muahahahha

Kossan staying strong after getting carpet bombed from 9.7 to 3.85.


Cleanroom Disposable Gloves Market to Reach $1,683 Million Globally, by 2022
https://www.alliedmarketresearch.com/press-release/global-cleanroom-disposable-gloves-market-is-expected-to-reach-1-4-billion-by-2020-allied-market-research.html


Kossan recovery theme :D
Doshin Rubber Engineering, Market Leader in Rubber Engineering Products. Seismic Isolators High Damping Rubber Bearings, LRB, Friction Pendulum, Spherical Bearings, Marine Dock Fenders, Bridge Expansion Joints,Mechanical Pot Bearings, 3DOF Modular Joint, Elastomeric Laminated Bearings, Mining Rubber Products, Floating Slab Track, Electrical Insulator Rubber for Trams and Electric Bus
https://www.youtube.com/watch?v=Gke3s71i5HU&ab_channel=DoshinRubberEngineering

huat huat huat lucky to join when corrected.

“EPF has stated its priority on sustainability many times. The ESG issues surrounding Top Glove are of grave concern right now and EPF is strict with its investments”

EPF buying last week could mean they are happy with the ESG progress

Top glove is making great improvement on ESG, unlikely to see bans from others.

https://www.theedgemarkets.com/article/top-glove-says-it-has-resolved-overcrowding-staff-dormitories

https://www.thestar.com.my/business/business-news/2021/02/10/top-glove-to-emphasise-more-on-esg-in-business-ops

CBP issue not solved how to go... Solve CBP first. BTW US market is 22%. You say small it's not small, you say big it's not big lah. If Im Biden, I will also want to diversify my glove sources. from smaller players. It's normal.

Ppl will surely ask CBP status, dont worry.

Top glove distribution of clients
- 6 distribution hubs globally
- Over 2,000 customers
- Comprising distributors across 195 countries
- A geographically diverse customer base
- An OEM manufacturer in every region
- Top 20 customers represent c.30% of total
revenue
- No single customer contributes more than
4% of revenue

Tg already got 2000 customers, you mean they will suddenly switch to supermax because Biden forced them too? I dont understand your question.

@yorkyork Top Glove US market is 22%, it's not so bad.

https://www.topglove.com/App_ClientFile/7ff8cb3f-fbf6-42e7-81da-6db6a0ab2ef4/Assets/corporate_calendar/TG%20IR%20slide_161120_Credit%20Suisse.pdf

"If some of your investments are up while others are down, you've got diversification."

https://money.usnews.com/investing/investing-101/articles/why-diversification-is-important-in-investing

It's 7.5% top glove and 6.7% Harta,so total is 14% in HC, if it's so high risk like you say they might as well sell it and buy genting loh. Sadly they don't.

It's called hedge, I also have less than 35% in glove n the rest is recovery, why you want ppl to sell? what is your motive? Your company all in short top glove? Aiyoh, wait abit lah, maybe LWC take MC forget to SBB, then you can sneak in and run.

JP morgue holding

Public Bank Bhd Malaysia 9.3%
Top Glove Corporation Bhd. Malaysia 7.5%
Hartalega Holdings Bhd. Malaysia 6.7%
Malayan Banking Bhd.
Tenaga Nasional Bhd
PETRONAS Chemicals Group Bhd.
Dialog Group Bhd.
Kuala Lumpur Kepong Bhd.
CIMB Group Holdings Bhd
Petronas Gas Bhd.

Why so desperate for us to sell? Can buy all mah & use Top glove or any top 4 as hedge against variant risk. Why you so desperate for us sell lah.... Even JP morgan still holding Top glove and harta mah, aiyah

Imagine they mistakenly ask Grab or panda food to deliver pfizer vaccine. Keong kan liao, stock market crash 10% immediately. No lah it wont happen, we are better than that.

Malaysia > USA

"You can’t sue Pfizer or Moderna if you have severe Covid vaccine side effects. The government likely won’t compensate you for damages either"

https://www.cnbc.com/2020/12/16/covid-vaccine-side-effects-compensation-lawsuit.html

"Meanwhile, Coordinating Minister for the National Covid-19 Immunisation Programme who is also Mosti Minister, Khairy Jamaluddin said, a protection scheme would be created to compensate vaccine recipients who suffer serious side effects.

“Under this scheme ex-gratia payment will be given to any Covid-19 vaccine recipient who suffers adverse effects of the vaccination,” he said adding that the matter was decided by the Cabinet in a special meeting last week"


I REALLY LIKE THIS PLAN. This will encourage more ppl to take a jab. Hope the compensation for vaccine death is really high like million or few hundred k.

Yalor, no need to put all egg in recover basket.. Top glove is no 1 glove in the world, can consider grabbing some on weakness when ppl panic sell.


"The global rubber gloves industry is a highly competitive market with more than 250 recognized vendors across the globe. Factors such as comfort, dexterity, safety, comfort, and price play a major role in determining the demand and penetration of gloves in the market. Innovation serves as a key differentiator for brands to capitalize on the competition. "

https://www.researchandmarkets.com/reports/5214690/rubber-gloves-market-global-outlook-and#pos

The rubber gloves market by revenue is expected to grow at a CAGR of over 13% during the period 2021-2026.

https://www.researchandmarkets.com/reports/5214690/rubber-gloves-market-global-outlook-and#pos-3

Don't worry lah I wont buy at rm6, it either I buy low or I don't buy. There are so many other recovery counters mah. Telecom, Bank, etc

Genting TP 3.5 I buy. I don't want to pay too high to see red QRs.

Genting couldn't break RM 5 last time, so the trend is still not uptrend. Please sell off next week lah, QR gonna be big red, below 3.5 or 4 I consider :D