glove will need prove that its profit is sustainable after pendemic. so its a long term investment. it shouldnt hv any cashflow issue in a few years. and if their future sales maintain same after pandemic, it will rebound back to the index.
I agree la weak holders will sell. They maybe cut loss at RM5. Then they buy back at 3.6 then they cut loss now. Who told you sell d cannot buy back lol.
It's the retained profits which place the company in a very strategic position to make acquisition or investment when opportunity arises. In this regard, supermax is positioned well with billions of cash in hand.
If you looking for low PE I can suggest you serba dinamik la kikiki PE 1.98. Market cap 1.2b. One quarter esrn 113m. 10% of market cap. Same like supermax.
It's a fact that company had billions of cash earned during the pandemic so one day it may just put into good use like M&A or other investment which will add value to the company
Invest malaysia , initially when you quoted topglove Snr director said ASP will go back to pre pandemic. Frankly , I do not believe . I gave you the benefit of doubt that you may have heard wrongly . True enough ,Now you admitted that ASP will be SLIGHTLY HIGHER than pre pandemic . Even 10 to 20 % higher make a big difference in earning especially the margin goes down.to 10 %. A 15 % higher ASP can mean doubling of profit and double its value of its share. Thanks for the correction. ------------------------------------ invest_malaysia Slightly higher ASP. Habis 30/06/2021 3:45 PM
Pre pandemic ASP $20, post pandemic ASP $22. This is also slightly higher. If it’s $40, it’s not slightly higher. If you want to make the difference with or without the slightly word a very big difference then I nothing to say lo. You like la.
As you mentioned. Can double the share price right. Pre pandemic is RM0.7. Post pandemic RM1.4. Double capacity expansion then its RM2.8 (provided can run at full capacity)
No need to make it sound like a very big difference for the word slightly. Important is the ‘slightly’ ASP level is still far from current ASP level. More room for ASP to drop.
******************************************************** I prefer to listem to MARGMA rather than topglove only because Topglove lost the US market which has better pricing than the rest of the world.
End of the month already. I recalled someone said joint venture few weeks ago. Exactly the same conspiracy like Supermx SGX dual listing. Full of lies.
I prefer to listem to MARGMA rather than topglove only because Topglove lost the US market which has better pricing than the rest of the world - Pjseow
Very funny all these people. Always self denial. As mentioned, Topglove already lost Us market. Meaning they will flood the other market with gloves. So ASP for all other countries will go down. It will affect all glove manufacturers unless the company only sell to US.
________________________________________ I prefer to listem to MARGMA rather than topglove only because Topglove lost the US market which has better pricing than the rest of the world - Pjseow
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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....
hahalolwtf
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Posted by hahalolwtf > 2021-06-30 15:48 | Report Abuse
Anybody here remembers my warnings back at RM8 RM9?? all my effort to warn you all and yet so many can say I have selfish motives.
So many times admin even deleted my comments because it is negative on the stock. So admin here has selfish reasons??
Ok lor. Hope you guys enjoy your RM 3.30 a share now.