Followers
0
Following
0
Blog Posts
0
Threads
1,188
Blogs
Threads
Portfolio
Follower
Following
2020-08-06 16:53 | Report Abuse
@Huat Huat 46 cent not happy meh....yesterday drop only 42 cent. Tomorrow and Monday Supermax more power. It will carry TG along, if it goes up tomorrow.
2020-08-06 16:51 | Report Abuse
if you think you cannot tolerate the risk, then wait until bonus issue or after QR. Supermax QR out this Monday.
2020-08-06 16:50 | Report Abuse
@Miracle
of coz can still in...but higher risk
Must always weigh gain vs risk.
2020-08-06 16:48 | Report Abuse
@dique15 i think selling price too low.
RM0.07 per piece X 1000 = RM70 = USD16.67
I take your Aug ASP RM0.13 X 1000 = RM130 = USD30.95
Data show Aug ASP is already USD40+.
What happen to March to May is that some old stock were ship out. So lower ASP which equates lower revenue.
2020-08-06 15:41 | Report Abuse
@dique15 show us your calculation
2020-08-06 14:30 | Report Abuse
@geary not assumption leh...from The Edge article on the link.
2020-08-06 14:24 | Report Abuse
Gonna put the summary 1 more time:
https://klse.i3investor.com/blogs/freetospeak/2020-08-06-story-h151155...
PAT expectation for rally to continue:
TG - 866 million quarter
Supermax - 312 million quarter
Harta - 476 million quarter
Comfort - 151 million annual
Careplus - 87.92 million annual
Rubberex - 18.8 million quarter
Kossan - 243.5 quarter
2020-08-06 14:19 | Report Abuse
If not tomorrow sure got show. Huat ar!!
2020-08-06 14:19 | Report Abuse
This evening got show because Supermax announcement QR out Monday.
2020-08-06 10:22 | Report Abuse
https://klse.i3investor.com/blogs/freetospeak/2020-08-06-story-h1511558505-HOW_MUCH_GLOVE_PROFIT_TO_SUSTAIN_RALLY.jsp
PAT expectation :
TG - 866 million quarter
Supermax - 312 million quarter
Harta - 476 million quarter
Comfort - 151 million annual
Careplus - 87.92 million annual
Rubberex - 18.8 million quarter
Kossan - 243.5 quarter
2020-08-05 23:34 | Report Abuse
I really don’t care what ppl says. Their rights. But talking about politic? Don’t go there. Leave that until GE season.
Coz I can really say a lot of things about politics but it’s nothing beneficial.
Eg. Short term gain, long term pain.
2020-08-05 23:29 | Report Abuse
Pls let’s not get into politics. Anyway, gloves stock goes up bcoz of coronavirus. Nothing to do with the government
2020-08-05 20:15 | Report Abuse
@batman666 5 number only woh. Toto 6 number woh lol
2020-08-05 19:54 | Report Abuse
just ignore that guy lar
just came out from tanjung rambutan
nothing we can do.
2020-08-05 19:53 | Report Abuse
@didioil132 ok 80% OEM 20% OBM
2020-08-05 19:20 | Report Abuse
@didioil132 TG is OEM...you sure got your facts right?
2020-08-05 19:07 | Report Abuse
https://twitter.com/Atomicalandy?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor
Look at the way this guy talk man - "Well they didn't try very hard"
Communication is two way. They didnt try hard, you go try hard lar.
Hiding behind twitter is cheap man. Come forward and talk like a man!
Go call The Edge lar. You no phone number I give you.
The Edge Communications Sdn Bhd
(+603) 7721 8000
2020-08-05 15:00 | Report Abuse
Supermax QR maybe next Monday. That's why supermax flying. After Supermax QR, the fund will come to TG. Patience lar.
2020-08-05 00:08 | Report Abuse
OK i am learning the IB style lol as highlighted by LHS888. More realistic haha. The KYY style, freetospeak style, yttihs style, all look bloated haha.
2020-08-04 21:59 | Report Abuse
yttihs style :P :
Capacity 78,700,000,000.00
Quarterly Capacity (Glove count) 19,675,000,000.00
Glove per box 1,000.00
Quarterly Capacity (Box) 19,675,000.00
Normal price per box (USD) 30.00
USD to MYR 4.20
Normal price per box (MYR) 126.00
80% capacity is normal price 1,983,240,000.00
20% capacity is spot order (X3) 1,487,430,000.00
Total revenue 3,470,670,000.00
Assuming production cost didn't increase:
3.4 billion - 1.266 billion = 2.134 billion
PAT = 2.134 X 0.75 = 1.6005 billion
EPS = 1.6005/2.7 = 0.593
59.3/13.59
= 4.36x
Thank you, thank you. 'blush blush'
2020-08-04 21:57 | Report Abuse
Ok lar...lets use freetospeak and KYY method:
Closing on 11 June 2020 is 16.70 (Honestly, I don't which date to take, haha.)
KYY Style:
If PAT:
600 m -- (0.6/2.7)/0.1359 = 1.62 X 16.70 = 27.31
700 m -- (0.7/2.7)/0.1359 = 1.91 X 16.70 = 31.90
800 m -- 36.41 (I use Excel. Skip typing all the formula)
900 m -- 40.96
1,000 m -- 45.51
1,100 m -- 50.06
1,200 m -- 54.62
1,300 m -- 59.17
1,400 m -- 63.72
1,500 m -- 68.27
1,600 m -- 72.82
1,700 m -- 77.37
1,800 m -- 81.92
Freetospeak Style:
Qtr 2: 5.85 with 115,683m profit
Qtr 3: 17.22 with 347,895m (~2.94X-3.00X)
rise to:
26.00 with expected profit 347,895 X 1.51 = 525,277.00m
27.00 with expected profit 347,895 X 1.57 = 545,479.97m
... (to TP100 to long already. So cut short grandma story)
40.00 with expected profit 347,895 X 2.32 = 808,118.47m
....
60.00 with expected profit 347,895 X 3.48 = 1,212,177.70m
...
100.00 with expected profit 347,895 X 5.81 = 2,020,296.17m
Wah..."yao mou"?
But I remember IB give TP32 at 1.2 billion PAT woh.
Anyway, great promotion!!
2020-08-04 20:16 | Report Abuse
@playmaker hahaha. Disclaimer: Buy at your own risk. I no sifu. Support some mood in this forum only.
2020-08-04 20:15 | Report Abuse
@geary i know lar. But shiok sendiri a bit mah. Shiok auntie uncle abit mah. Must do like corporate - advertisement a bit mah. Otherwise, how to increase sales, hahaha.
2020-08-04 20:01 | Report Abuse
Please don't criticize like that. Politely ask him lar. You must allow ppl to explain. The way you criticize is nothing more than a barbarian
2020-08-04 19:49 | Report Abuse
Actually I am still thinking. He used the whole
(whole quarter revenue X 1.1) - (whole quarter production cost)
This is the part I am confused. Can someone good at accounting or manufacturing explain a bit?
2020-08-04 19:44 | Report Abuse
@geary okok. You good auditor hahaha. PBB style. :P
2020-08-04 19:43 | Report Abuse
That is a good spot by Siow Teck Ong.
Lets recalculate for KYY (reworked):
Average Revenue = 1688/3 = 562.67
Average Production Cost = 1266/3 = 422
Jun 618.93 - 422 = 196.93
Jul 680.83 - 422 = 258.83
Aug 748.91 - 422 = 326.91
Total = 782.67
PAT = 782.67 X 0.75 = 587.01
EPS = 587.01 million/2.7 billion = 22 sen
22/13.59 = 1.62x
Like that calculation, we all can throw already. Something is missing with this model.
lol
I prefer my model:
Capacity 78,700,000,000.00
Quarterly Capacity (Glove count) 19,675,000,000.00
Glove per box 1,000.00
Quarterly Capacity (Box) 19,675,000.00
Normal price per box (USD) 30.00
USD to MYR 4.20
Normal price per box (MYR) 126.00
80% capacity is normal price 1,983,240,000.00
20% capacity is spot order (X3) 1,487,430,000.00
Total revenue 3,470,670,000.00
Assuming production cost didn't increase:
3.4 billion - 1.266 billion = 2.134 billion
PAT = 2.134 X 0.75 = 1.6005 billion
EPS = 1.6005/2.7 = 0.593
59.3/13.59
= 4.36x
Wah still TP 100 right? Hahahaha
2020-08-04 19:41 | Report Abuse
@winwinvest their QR comes first, naturally, they will run first. Don't red eye lar. They good means we good and vice versa.
2020-08-04 19:31 | Report Abuse
@geary hahaha...just say yes or correct lar...you want this boat tenggelam issit...hahaha
joking :P
2020-08-04 19:27 | Report Abuse
@Uncle Koon
If you are reading this, please teach me, or at least tell us, how you arrive at quarter revenue X 1.1 without dividing 3? Some special reasoning? My math is poor. Please help.
2020-08-04 17:54 | Report Abuse
KYY calculation is not wrong. Except that he didnt factor in production cost increase. But all calculations sure got assumptions. So, it makes sense.
2020-08-04 17:09 | Report Abuse
@investmalysia Mercedes cheap car lar. Got money buy Aston Martin. Hand made limited edition.
2020-08-04 16:53 | Report Abuse
@investorbat then make sure will buy insurance :P. Beat die already must call wife TT to you "yam si ji" profit haha.
2020-08-04 16:51 | Report Abuse
Now is Supermax time. Just hope Supermax QR will shine. Then we ride together with Supermax to RM30.
After Supermax QR, Supermax will ride with us to TP40!!
2020-08-04 15:08 | Report Abuse
If Harta today turn green, don't know what story IB will tell.
Sure say:
"Future very bright lar. Demand more than supply lar"
2020-08-04 15:05 | Report Abuse
@investor77 37.00 is easy leh. Eg. 37/3 = 12.33 only leh.
15.00 X 3 = 45.00 !!
2020-08-04 15:04 | Report Abuse
Supermax broke 20.00!
TG will play catch up!
GoGo
2020-08-04 15:01 | Report Abuse
A lot of harta gang, jumped ship to supermax.
2020-08-04 14:54 | Report Abuse
Suddenly careplus and comfort and hlt no more volume.
All ikan bilis scared.
2020-08-04 14:47 | Report Abuse
OMG...the 'toh sui gah' went back to 19.XX??
No sense one ah...
2020-08-04 14:30 | Report Abuse
@Yu_and_Mee what happened?
2020-08-04 14:18 | Report Abuse
So, my take is simple. This Harta always have FLAT revenue chart.
https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=5168
As TG and Supermax, seen to be going up 3X-4X.
https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=7113
https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=7106
But the sentiment is real. So, adjustment is expected.
Hopefully, next week Supermax QR release. And TG can ride together with this brother up all the way to 30.
So, I am topping up later this afternoon.
2020-08-04 14:18 | Report Abuse
But it may not even break RM25. If you want to top up, pandai pandai lar.
2020-08-04 14:17 | Report Abuse
RM23 unlikely. RM24.XX is possible.
2020-08-04 14:10 | Report Abuse
@miracle I expect adjustment. But will rise again. So, good time to top up.
Stock: [TOPGLOV]: TOP GLOVE CORPORATION BHD
2020-08-06 16:54 | Report Abuse
So, steady lar. RM30 will come.