ONE GLOVE GROUP BERHAD

KLSE (MYR): ONEGLOVE (5079)

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Last Price

0.215

Today's Change

+0.005 (2.38%)

Day's Change

0.195 - 0.215

Trading Volume

32,000


1 person likes this.

2,090 comment(s). Last comment by nasgee 2024-05-21 08:53

Posted by 430204813832245 > 2019-04-15 14:04 | Report Abuse

0.38 today

Trouble Huat

1,199 posts

Posted by Trouble Huat > 2019-04-15 19:59 | Report Abuse

purely goreng, no worth for long term

hkhk

2,066 posts

Posted by hkhk > 2019-04-17 10:37 | Report Abuse

wat is the reason to goreng le

Posted by T800Terminator > 2019-04-17 12:54 | Report Abuse

Come3 0.18

Posted by Hunter 88 Hunter 88 > 2019-04-17 22:53 | Report Abuse

Hehehe......down lagi

Posted by commonsense > 2019-04-18 09:55 | Report Abuse

Not sure why the share price went up substantially from only 12 sen to more than 30 sens at the end of March. The only thing that I can see that might be the reason for the sudden price increase is the appointment of Mirzan Mahathir (Tun M’s son) as one of its independent directors (he has no direct or indirect exposure in the company). Investors might be hoping for some contract awards to the company which is just speculative in nature at the moment.

Looking at the company’s fundamental, it has been recording losses to its shareholders since FY14. FY19 looks more likely to end in the red as well.

However, what is more worrying is its weak balance sheet. As of Dec 18, the company only has RM20k in cash and an immediate debt obligation of more than RM16mil. Current liabilities of RM45.4mil are a lot higher than the current assets of only RM22.9mil. The company would most probably need to raised more capital soon to help strengthen its balance sheet.

If you are looking to hedge your portfolio outside of Gets Global (due to its weak earnings outlook and liquidity issues), I would recommend you to look at MBMR. (https://klse.i3investor.com/servlets/stk/pt/5983.jsp)

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 7.0x PE based on FY18 profit of RM166mil. PB is low at only 0.7x BV.

FY19 should deliver another profit growth year to the company. Profit growth will again be driven by the performance of Perodua (via MBMR 22.6% holdings in Perodua) from the still strong sales of new Myvi, sales of SUV Aruz and the introduction of the newly revamp Alza sometime in the 2H19. Aruz which commands a higher margin compared to other models, will help improve the total profit margin of Perodua (which will flow to MBMR’s bottom line as well).

MBMR is expected to achieve a profit of RM200mil in 2019. At the current share price, the company is being valued at only 5.8x which is a lot lower than the industry average of 15x PE. As an example, UMW (another company with exposure to Perodua) is currently trading at a PE multiple of almost 20x.

Good luck.

Abang Mad

1,499 posts

Posted by Abang Mad > 2019-04-18 15:47 | Report Abuse

hope will be reach 0.44 by end of this month

moneykj

6,141 posts

Posted by moneykj > 2019-04-20 00:07 | Report Abuse

Everywhere mbmr the elephant....Didn't I ask you to buy Redtone when the price at 0.28?

Posted by 430204813832245 > 2019-04-22 12:01 | Report Abuse

Great news 0.35 soon

Posted by 430204813832245 > 2019-04-22 12:01 | Report Abuse

Buy

Abang Mad

1,499 posts

Posted by Abang Mad > 2019-04-22 22:02 | Report Abuse

Yes...buy

hkhk

2,066 posts

Posted by hkhk > 2019-04-23 10:12 | Report Abuse

mind to share the news?

monreyes

892 posts

Posted by monreyes > 2019-04-23 11:38 | Report Abuse

up already...whts the good news

Posted by Chia Sak Kong > 2019-04-23 13:39 | Report Abuse

Yes... Go.. Go... Go

B4b4

7,593 posts

Posted by B4b4 > 2019-04-23 15:11 | Report Abuse

Gets sure got ECRL deal, from the service section.

hkhk

2,066 posts

Posted by hkhk > 2019-04-24 11:34 | Report Abuse

apa berita ni

Mrsonic

80 posts

Posted by Mrsonic > 2019-04-24 14:15 | Report Abuse

berita palsu..hahahaha

hkhk

2,066 posts

Posted by hkhk > 2019-04-24 14:43 | Report Abuse

mesti ada something behind punya

Posted by 430204813832245 > 2019-04-24 15:26 | Report Abuse

Yes gogogo

B4b4

7,593 posts

Posted by B4b4 > 2019-04-30 09:24 | Report Abuse

Good company. The administrative expenses dropped tremendously qoq ie from RM 4.99 M to only RM 1.55 M. The revenue qoq also increased by 30 % ie from RM 5.377 M to RM 6.952 M

Posted by Hero Kuasa Tiga > 2019-04-30 21:15 | Report Abuse

Ayoo apa sudah jadi sama ini gets???
Below 0.30..not move ka??

Posted by Hero Kuasa Tiga > 2019-05-01 00:23 | Report Abuse

Are u sure?

Posted by Hero Kuasa Tiga > 2019-05-01 00:24 | Report Abuse

QR report gets how?

hkhk

2,066 posts

Posted by hkhk > 2019-05-09 11:11 | Report Abuse

apa hal oh

Posted by Mohd Faizal Glen > 2019-05-09 11:17 | Report Abuse

boleh naik lagi ker get nie

Angsaemas

13 posts

Posted by Angsaemas > 2019-05-09 11:18 | Report Abuse

ramai beratur cut loss.

Posted by Hunter 88 Hunter 88 > 2019-05-12 09:52 | Report Abuse

Many people con this here...sudah cakap taknak dengar.soon 0.15....

ramada

3,955 posts

Posted by ramada > 2019-05-12 09:54 | Report Abuse

After a month rally, finally drop back to 20 sen, but still far away from its origin at 12 sen.

Msys

204 posts

Posted by Msys > 2019-05-12 10:16 | Report Abuse

tiket selatan ke tara dah abis juai,harga baru 0.505sen mali >>>

Abang Mad

1,499 posts

Posted by Abang Mad > 2019-05-15 10:05 | Report Abuse

buy...

ktsk88

5,284 posts

Posted by ktsk88 > 2019-05-15 16:02 | Report Abuse

what is the news?...........why suddenly up?

Mrsonic

80 posts

Posted by Mrsonic > 2019-05-15 16:08 | Report Abuse

hahaha..see tomorrow

Abang Mad

1,499 posts

Posted by Abang Mad > 2019-05-15 16:14 | Report Abuse

TP 0.44

ktsk88

5,284 posts

Posted by ktsk88 > 2019-05-15 16:20 | Report Abuse

sure or not 0.44sen, jgn nanti back 12sen.

Mrsonic

80 posts

Posted by Mrsonic > 2019-05-15 16:31 | Report Abuse

12sen mampuihhh

Abang Mad

1,499 posts

Posted by Abang Mad > 2019-05-17 11:07 | Report Abuse

GETS will be getting better n better

Abang Mad

1,499 posts

Posted by Abang Mad > 2019-05-17 12:13 | Report Abuse

Day high 0.25

kelvin

2,808 posts

Posted by kelvin > 2019-05-17 13:50 | Report Abuse

rubbish remain rubbish

Posted by Hero Kuasa Tiga > 2019-06-07 11:57 | Report Abuse

Kounter xguna

Mrsonic

80 posts

Posted by Mrsonic > 2019-06-10 17:14 | Report Abuse

hahaha..0.030 tak guna???hahaha

Posted by Ahahaha8888 > 2019-06-13 14:38 | Report Abuse

Tak guna sebab tak ada 0.30.

Posted by Hero Kuasa Tiga > 2019-06-23 12:57 | Report Abuse

Paria compny

7300

2,152 posts

Posted by 7300 > 2019-07-12 21:03 | Report Abuse

buy ktb better high beta

azta12

5,594 posts

Posted by azta12 > 2019-07-15 15:42 | Report Abuse

go challenge g3

7300

2,152 posts

Posted by 7300 > 2019-07-16 08:48 | Report Abuse

above 30sen,further buy

vinz85

70 posts

Posted by vinz85 > 2019-07-16 09:08 | Report Abuse

die

vinz85

70 posts

Posted by vinz85 > 2019-07-16 09:19 | Report Abuse

ada apa news?

azta12

5,594 posts

Posted by azta12 > 2019-07-16 09:31 | Report Abuse

keep momentum going

vinz85

70 posts

Posted by vinz85 > 2019-07-16 09:37 | Report Abuse

hard la..yesterday already naik to much...

vinz85

70 posts

Posted by vinz85 > 2019-07-16 09:42 | Report Abuse

haha..back to 0.255
GG = Game over

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