Yes, so so cheap now. This cheapness will not last. Sooner or later, this bargain will end especially with the Delta Bloom coming this Fall/WInter season.
Thlime… you will have to buy/pay for it. Warrant is temporary rights and expires. You have the rights to buy it at a certain price and probably from the company treasury. Not likely from issuance of new shares.
Yes Trum… MCO decided by the government. But they also know it is hurting the economy. Must keep a balance as this is a LT fight. Look at Kai su Australia. Only 10 cases… lockdown/restrictions. Hope we will not get that as it is hurting businesses here. Regardless, only gloves makes more money for the next few years… Delta blooming is coming… start from UK.. US.. Europe…
Not just Australia, but Singapore also. Not a coincidence that both countries run by rational people . Those countries that think putting economy first for short term gain will pay the heavy price
Someone shared their thought in the other forum...
My experience when I was working as a consultant to Syndicates and Fund Managers from BVI and Cayman Island told me that there is always a tendency that Syndicates (I could not mention the name or else I will be sued) will purposely throw the mother shares so that the mother share price will plummet. Then, warant holder who aims to convert the call warrant to mother share before the expiry will not be able to make profit from the price gap or what it is normally known as an "arbitrage". The issuer will be the big beneficiary if the price of mother share plummets. I had attempted some counters using this way so I always use the same way whenever I wanted to purchase mother share...
Revenue increased from previous quarter of RM318 million to latest quarter RM541 million EPS increased from previous quarter of 23.65 cent to latest quarter of 37.75cent NTA/NAPS increased from previous quarter of RM1.01 to latest quarter RM1.32
At the end of the year, the NTA/NAPS will be more than RM2.00. Comfort is the only glove companies that its NTA/NAPS at the end of the year is more than its current share price, RM1.97
Selesa... true for warrant issue by banks. They will press down the share price in order to be out of money.. so it is worthless. Warrant is risky but reward is great if you really are lucky. Last year, most banks lose like crap on Call warrant with gloves. Especially those around peak July to September. All in the money and they lose millions. Now, revenge back on gloves by not buying.
Should ask.. Who keeps on Shorting? Like Harta, all gloves kenal shorted again with this bad sentiment. Better don't look at it daily. The cheap just got cheaper. Now, waiting to add...
this counter masuk longkang haha. tp 0.5 pre pandemic. everywhere in the world is opening up, invest wisely in high scalable companies that can 10x, most of it i must say is in the US.
dont know why some people still wanna make money out of covid while millions of ppl are starving for a pay cheque. stay invested in recoveries and tech, thats where we can see exponential and secular growth over the next few years.
Recoveries and tech? They're already ATH... Opportunities for greater returns are in gloves since there are all clearly oversold...nearing bottom. Bottom fishing is where you will make the most money...especially for companies still earns good money.
Dannyfyl88 Limit... heard that thousands of times lah... Always ASP dropping BS when it is still a shortage till next year. Delta blooming.. US...20% now... soon 80% this Fall. Let's see if Demand will pick up. ----------------- U are right Also I study that the larger companies like top glove and harta saying ASP lower and they making less net profit, but smaller glove like rubberex, careplus and comfort making higher net profit.
I speculate that this is because the larger companies got issue with Labour laws that's why hard for them to sell to US and EU, causing their NP to drop, so they just say it as APS dropping.
It's all bullcrap. Asp has not been dropping. Only drop because harder for them to sell to US and EU
Now is daily 10 sens drop , next week is 20 sens ,next next week is 30 sens , it will drop more n more daily until pre pandemic level that wanted by bankers !
Natsuko... Isn't this the best time to Buy? Buy low and sell high ya? So cheap now for All gloves. P/E 2 and expect P/E 0.5? Delta blooming... ticking time bomb...
Gloves are oversold... The overselling will end soon. Nothing stay low forever especially for companies making good money for the next few years. Virus is here to stay and will affect all for years to come. No worries...
This pandemic is becoming endemic meaning the virus is here to stay for at least a couple more years to come.
When countries open up, more people will return to work, play and travel.
When more peoples return to work, play and travel, demand for gloves will go up even more.
New normal dictates that gloves are not just for the medical/health sector alone.
Don't believe me?
I went to a bank yesterday and saw even some tellers were wearing gloves, not all of them though. It is not far fetched to suggest that very soon it could become company policy to supply gloves to all their front line staff.
Just imagine all the other sectors other than medical where people starts wearing gloves as a precaution for example aviation, f&b, cashiers, barbers, masseurs, beauticians etc etc. I can go on and on until tomorrow...
The more countries open up, the more the demand for gloves will be.
One more thing, even if the market crashes tomorrow, gloves will remain strong solely due to its extraordinary earnings for years to come.
Now tell me, are there other such counters in bursa other than gloves?
Haiya, you see lockdown for almost 4 weeks, infection rate in Malaysia still hovering Ard 5k cases, imagine no mco, you think not gonna touch 10k ? 20k??? Covid ending?
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
invest2011
31 posts
Posted by invest2011 > 2021-06-23 17:32 | Report Abuse
Will the share price be adjusted upon listing of free warrant ...anyone ?