Charles is Malaysia boleh, not America Citigroup boleh....

Superman inside bar.... but topglov and harta new low...

QL.... lol... waiting for the show.... Jack's sharing is very good... :)

topglove problem never ending... https://newmalaysiatimes.com/2019/01/08/temos-revoked-top-glove-tggd-clinics-accreditation/?fbclid=IwAR2qUpzReTvB4aW0kjVKlg7vB6yaFOSRDMt9ZEIMjzu6jpTAreQclNXjTT4
without this, it cannot diversify into 2nd stream of business / income... only can remain as glove maker... or OEM fella...

haha, fund please come here... 2nd stream of business income coming soon....

wah u daddy must be very proud...

hope its defense is bonus and low PE...

Wow Charles, you getting very famous... now the focus is mostly on you... u better practise more yah... agm end of year, you get more famous after you sing...

Charles, about 1.6b market cap lost today from top 3... some long term investor seems to have taken some profit...

@charles, cannot do like that... must do market cap loss... means -0.38 * the number of shares/vol etc.... some kind like that...

nolar, Charles buy call was 2.6 and 2.8... 2 entry point before ex....

wah, can teach how to buy golden pyramid? I also want sing end of year...

after i bought a golden pyramid everything

wow, i like the strength of Superman... while superman is tegak, the rest is pulling downwards... rebalancing the PEs :)

but don't like the action on lonpac haha...

Bro, look at Allianz... wanna go another round again... another blue chip like Nestle etc... this is the leader...

true... need do some scanning... when you talk about MNRB, was thinking Tunepro... u think insurance market liberalisation will benefit the insurance counter this year? Have a feeling this maybe a sector of the year... ?

yes correct...

@Charles, I like your MNRB recommendation... fundamentally correct, technically less risk... :)

real counter dressing (fund rebalancing) not just window shopping... lol... now the question is how much PE they will drop until...

Maybe high PE glove investors sell n move to low PE Glove co leh...

Harta (PE 40+) n Topglove (PE 30+) drops while lower PE Kossan n Supermax still ok now

today?

whether good or bad... some maybe after 15th day of CNY....

re:jellyfish, for Feb not necessary... CNY is early Feb... most companies will push later...

This one very tricky. The last qr they moved to early of the month instead of end of month... but feb is confirmed...

at least better than 10%... lol

@Charles, wow, curry mee very delicious these days...

scary lar... dow jones yesterday...

tomorrow open 1.80? jiak sai lor... super discount...

if no crash? up like mad?

@paper, 3rd jan...

today Bursa full day or half day?

Wah, daddy showing his wrath...

sawadeekap... we are ready to help... https://www.bangkokbank.com/en/Business-Banking/Investment-Banking

whichever... his banker chairman is related to Thailand... bangkok bank will come to help...

frens from thailand...

ok... trust your 6 cents.... so this could be t+7? after ex on 3 Jan...

previous peak 0.26 .... C67... way to go... back to Superman, think it's doing t+ something... today looks like t+2... if t+3, tomorrow should see some action... they like Friday mah...

@Charles, flying... :)

he needs to shake more hand with Tun and capture in the picture/news... then fm will suddenly realise / wake up why why discount... why not premium...

This is assuming no discount to Supermax lah...Ah Thai's reputation eh not so good so fund managers gave 48% discounts...

This one I think yes in a way... the gloves are priced lower if you look at the capacity they have vs the revenue... not really tally with Kossan and Harta.... Harta seems to be able to sell at higher prices... but then again their gloves maybe goto retailers instead of hospitals... etc...

Wonder if they sell their glove n lens at 48% discounts too....lol

i think they generalise.... the big 4.... using CY20F PE... all plus together then divide by 4... maybe superman is the one to pull the average down to 26...

so potentially -> CY20F P/E 27 = 0.255 eps * 27 = RM6.9.... after ex = 3.4...

I think it says now @ 3.60... is 14.1X... 48% discount....

At 14.1x CY20F P/E, it is trading at a 48% discount
from the glove sector's CY20F P/E of 26.8x.

Jayc, this one from which Analyst?


>> JayC Supermax Corp (TP RM4.47)

like what you said earlier... Ah Thai control slowly...

Latest Thai maker has revealed some interesting fact...
https://www.klsescreener.com/v2/news/view/473134/thailand-s-sta-aims-to-be-top-three-glovemaker
1) 370 billion pieces target by Margma Malaysia in 2020 may not be right... they think a bit too optimistic... 2019 and 2018 target is correct though...
2) Now easiest to penetrate is Latex gloves in emerging countries, most Malaysians are on nitrile...
3) There will be a time when Malaysian manufacturers will fight for the supply of Nitrile... nitrile prices will go up...
4) They control significant amount of natural rubber latex supply
5) In an industry largely insulated from the external uncertainties driven by the trade tension between the US and China, STA believes it is in a good position to capitalise on global glove demand. that means trade tension has no bearing on gloves demand...

This news maybe neutral to Superman... and maybe topglove... Superman is 50/50 natural rubber latex:nitrile...
I think i heard Superman gets most of its latex supply from Malaysia from AGM...
Nitrile I think from Taiwan and another place (can't remember)... correct me if I'm wrong..

kinda short term bottoming process... but don't expect US100 or above etc... it's a bear market (oil) rally... but any rally, if long enough may trigger rise in oil stocks....

U trade in Oil futures? Should have limited downside now?

@Charles, oil will be good trade going forward...

not bad, good trade... :)


CharlesT Bought C42 ytd n sold some today for quick profit

this is the result of presidential working group... https://en.wikipedia.org/wiki/Working_Group_on_Financial_Markets
if you interested...
massive short covering on wall street...

M+ brokerage house said next target 3.9 to 4.1

haha, hammer... :)... ketuk the analyst... sincerely...