Posted by monetary > 2021-06-29 02:02 | Report Abuse

https://q.futunn.com/en/feed/106486760800660?data_ticket=b22d7fc64790043f0d9355db5d25b88d

See what they said to IB during a field visit

Posted by monetary > 2021-06-29 02:04 | Report Abuse

At the same time, Malaysian manufacturers are affected by the spread of the epidemic and labor human rights issues, making it difficult to expand the production line of nitrile gloves, and China has always had obvious advantages over Malaysia in terms of human resources, raw materials, land, energy, and industrial chain support.

Cited from the report.

Aren't we say the same about Intco? Hehe...

Posted by xiaomixiaohai > 2021-06-29 06:39 | Report Abuse

Too many retailers stuck in a sinking ship. Now struggling to keep afloat....next is more will jump into water in total naked

Posted by CharlesT > 2021-06-29 07:01 | Report Abuse

Long time no c people posting high ASP good EPS PE 10 or 20 TP RM10 or Rm20 kind of shits

Posted by Ahmadahmad88 > 2021-06-29 07:11 | Report Abuse

Same person with many identities.

Posted by monetary > 2021-06-29 07:23 | Report Abuse

GE around the corner. Funds will not goreng glove. All sideline.

Posted by invest_malaysia > 2021-06-29 07:30 | Report Abuse

People will go US first. Leave bursa half dead.

Posted by byehisello > 2021-06-29 07:33 | Report Abuse

hi selamat pagi semua ah ho ada untung tak

Posted by MoneyMakers > 2021-06-29 08:50 | Report Abuse

Woww RHB downgrade TP from 6.6 to 3.4 (using PE 3-5)

RHB also expecting coming QR only 500Mil profit!!

Either gap down now or wait next QR waterfall..either way, going much2 lower

Posted by invest_malaysia > 2021-06-29 08:56 | Report Abuse

Wah how o like this? 500m? 50% drop qoq?

Posted by GlovesOff > 2021-06-29 08:57 | Report Abuse

Must update Beary on RHB report . Sekali downgrade he's FIVE domdom stox haha

Posted by pjseow > 2021-06-29 09:01 | Report Abuse

Observatory , Both Harta and Supermx actually had utilization of 70 % and 80 % respectively due to plants shutdown in last qtr. Harta shipped only 6.7 billions pcs vs 9.5 billions during its previous qtr while supermx lost 330 millions revenue which was equivalent to 15 % lesser shipments compared with their previous qtr. Since the 60 % production.only implemented in this month, its net utilization for this whole qtr should be about
82 % using simple maths. Harta should see a better qoq in coming qtr while supermx the same qoq respectively since both companies re iterated that the ASP rained unchanged in this qtr during their last analyst briefings. The RHB latest report is too generalised without.details. I.will.just take their input as a pinch of salt.

Posted by pjseow > 2021-06-29 09:05 | Report Abuse

GlovesOff , since when you trust the local IB reports ?

Posted by GlovesOff > 2021-06-29 09:07 | Report Abuse

No need to trust , enough for them to spook market . Margin call next .

Posted by Beary > 2021-06-29 09:09 | Report Abuse

Haha I don't give a flying kick fcuk about those 9-5 spineless swaying to the wind afraid to lose their job type so called stock analysts.

I invest with my ears and eyes and some common sense.

I only look at the company's track record, financial health and future prospects and of course the price.

Everything else are bulls.

Crunching complicated numbers with assumptions and speculations does not make your PREDICTION any more accurate than a bomoh.

Posted by invest_malaysia > 2021-06-29 09:11 | Report Abuse

@beary, yes ah? I taught you invest with imaginations?

Posted by Beary > 2021-06-29 09:13 | Report Abuse

Damn why green...NOOOOOOOO!!!!!

WAIT.....I have not bought enough yet.

Posted by GlovesOff > 2021-06-29 09:14 | Report Abuse

This bear... another pancut awal kaki

Posted by Beary > 2021-06-29 09:15 | Report Abuse

Yes I use my imagination too.

Thanks for reminding me.

Only intelligent beings have the capability to imagine.

Posted by observatory > 2021-06-29 09:19 | Report Abuse

Yeah, I also keep a watch on Intco.

For those who’re interested you may find a list of Chinese brokerage reports here on Intco
http://stock.finance.sina.com.cn/stock/go.php/vReport_List/kind/search/index.phtml?t1=2&symbol=300677

There is a good platform on Chinese stock exchange where investors can pose questions to the management anytime, and the management replies as and when they see fit. The consolidated Q&A can be found here.
https://ir.p5w.net/c/300677/questionlist.shtml

@pjseow, thanks for your inputs.

Posted by Dannyfyl88 > 2021-06-29 09:19 | Report Abuse

Dr MM.. Wow only RHB TP? How about the rest? BIMB, Kenaga... all above TP of 5 to 7x. Don't need to fearmongerus with Only One IB TP lah... Anyway, you think this suppressed price will last? Cycle will come. Go to goreng up Genetec to remind them of gloves. Better to short that than this lah. China, Taiwan, Korea all ramping up chips productions and oversupply in 1 year. Also, material to produce chips is sand... no issue.

Posted by MoneyMakers > 2021-06-29 09:23 | Report Abuse

Morning trap..just exit opportunity

General public havent see RHB report yet (just issue yesterday)..expectation just 500Mil coming QR gonna be great show in Aug

Posted by Habisgl0ve > 2021-06-29 09:24 | Report Abuse

Bull trap, glove is over

Posted by GlovesOff > 2021-06-29 09:26 | Report Abuse

@Beary , its just like morning erection , that's all ... don't get too excited ...

Posted by Citadel9999 > 2021-06-29 09:31 | Report Abuse

haha so amateurish, up few bids then jump out cheering

Posted by invest_malaysia > 2021-06-29 09:37 | Report Abuse

Only beginner will think it will go up like last year. Last year a lot of hot money. People still got savings to hoot bursa. Now since business not doing well since last year. Many people withdraw from bursa. And last year people got savings + moratorium. This year many business half dead. Got money also use to prepare to rainy days la. In addition, foreign funds stay sideline due to political issues.

Posted by GlovesOff > 2021-06-29 09:40 | Report Abuse

Everyday trap new level 3 residents
After unload done , lift visits level 2 hehe

Posted by Citadel9999 > 2021-06-29 09:40 | Report Abuse

ya no hot money =no show

Posted by GlovesOff > 2021-06-29 09:41 | Report Abuse

One by one IBs downgrade... buckle up

Posted by Dannyfyl88 > 2021-06-29 09:42 |

Post removed.Why?

Posted by GlovesOff > 2021-06-29 09:45 | Report Abuse

@danny that is why you're amateur, go see TA, gloves have so many resistance (trapped) at all levels, very hard to push up, ppl CL at every rebound. Don't believe? Visit the telegram mental asylum

Posted by GlovesOff > 2021-06-29 09:46 | Report Abuse

Be honest w yourself, when lift arrives , many will CL and wait and see approach. Don't tell me rebound to your price many will hold LONG TERM.

Posted by Dannyfyl88 > 2021-06-29 09:47 |

Post removed.Why?

Posted by warrenG > 2021-06-29 09:48 | Report Abuse

Israel dubbed as the most successful country in vaccination reaching 0 cases now with more than 60% vaccinated have seen the number jump back to 200+ daily infecting even among vaccinated citizens with the new Delta variant. This variant also seen more often in US and european countries. Seems like it still long way to go.

https://www.wsj.com/articles/vaccinated-people-account-for-half-of-new-covid-19-delta-cases-in-israeli-outbreak-11624624326

https://www.youtube.com/watch?v=FiC-IBLBmeE

Posted by Citadel9999 > 2021-06-29 09:48 |

Post removed.Why?

Posted by Citadel9999 > 2021-06-29 09:49 | Report Abuse

last time bank with moratorium their profit drop?? how long gloves can sustain this super earning???

Posted by Dannyfyl88 > 2021-06-29 09:50 | Report Abuse

Glovesoff.. That Applies to ALL counters. Ya, TA is bad for now...but it will rebound because the company is still making good money and Covid is long term. Like I said, CL and don't hold cash. Tell me which other counters are more value added and have more potential to boom up than SM.

Posted by GlovesOff > 2021-06-29 09:51 | Report Abuse

The alpha delta variant is no more a catalyst, it is the ESG issues which have injured the glove sector. Big funds cannot touch ctrs w esg issues.

Posted by MoneyMakers > 2021-06-29 09:52 | Report Abuse

No need fearmonger Israel..medical experts alrdy emphasise their hosp/death very2 low

Looks like 3.3 will take few days to break, last big support..nvrmnd just keep knocking on the floor will eventually break

Posted by Citadel9999 > 2021-06-29 09:53 |

Post removed.Why?

Posted by GlovesOff > 2021-06-29 09:54 | Report Abuse

Which counters? Plenty. It is because you DILove w gloves you refuse to look elsewhere. Bursa is all about see money take money. Not to keep one la. Cincai shoot genetec or replace cheetah w puma also cover back gloves losses. Just admit you're newbie and lack TA skill. Why want to stress yourself w gloves everyday monitoring. Those LONG TERM dont even bother

Posted by Dannyfyl88 > 2021-06-29 09:55 | Report Abuse

Citadel... Ya, last Mora... MBB revenue drop 40%... go look at history. Gloves super earning declined already priced in Way below what will be. It is overdone.... already drop 80% and you expect this to go back to Pre pan with new norm and Covid is still blooming? You think the money earned is not going to help the company like paying off all debts and expansions etc..

Posted by invest_malaysia > 2021-06-29 09:56 | Report Abuse

Ya. Look at public bank and rhb. Strong profit even with moratorium and low interest rate. When interest rate rises. Their profit will be even more.

Posted by Citadel9999 > 2021-06-29 09:57 | Report Abuse

I know company got so much cash so much money. BUt so far no money flow in gloves, price no up, u cant earn money

Posted by GlovesOff > 2021-06-29 09:58 | Report Abuse

Danny, if you're unskilled, I recommend you buy banks on dip today and sleep. It'll recover more and faster than gloves. They have funds support. Gloves zero. Want to bet?

Posted by GlovesOff > 2021-06-29 09:59 | Report Abuse

If die want healthcare buy vaccine theme (fwd thinking) like one sifu reco. Dont give the vaccine need gloves BS. Even taipan also disappear d haha

Posted by glovefinish > 2021-06-29 10:01 | Report Abuse

All the trapped ones called themselves long term investors but every day looking at the price hoping for rebound to unload. If so called long term investors should never bother the short term price movement just keep and stay away never look at it.

Posted by Citadel9999 > 2021-06-29 10:01 | Report Abuse

glove trend long gone edi, even with a rebound it won't back to its glory in very long time.

Posted by Will188 > 2021-06-29 10:05 | Report Abuse

RSS everyday short this counter. Kasih Muyiddin tahu temporary stop RSS seperti last year..

https://www.bursamalaysia.com/market_information/market_statistic/securities

Posted by invest_malaysia > 2021-06-29 10:07 | Report Abuse

Exactly. Everyday hope for rebound. You call yourself long term investor? Look at warren buffet or 天哥，did them day night hoping for rebound? These so called long term investors here actually are short term investors. They buy for 3,5% return. When they lose, they don’t want to admit it and call themselves long term investors. Then come forum scolding those who talk bad about their stocks. Pathetic.