KUALA LUMPUR: Malaysia’s exports surged past RM105bil in June and record the 10th straight month of growth on-year since September due to strong demand for petroleum products, chips and rubber goods.
The Senior Minister of International Trade and Industry said in a statement on Wednesday the growth in June was underpinned by exports to China and US – the highest ever recorded.
June’s total exports also increased by 14.3% from May’s exports of RM92.31bil.
]]MoneyMakers 7 days left until coming QR massacre @ 50% profit drop (RHB) + lower ASP announcement. Road to 2.5..just sit back, relax & enjoy the coming waterfall
Hi MonkeyMakers please inform when MASSACRE and WATERFALL we standby to pick your dead chickens LOL
ToneeFa Kossan caught up with Supermax, maybe soon Supermax may catch up with TG before and after QR 28/07/2021 2:00 PM
Coming QR many great results Kossan catch up Supermax Supermax catch up Topglove Topglove catchup Harta Harta catch up Maybank Mayban catch up Nestle !
All win win situations please stay tuned dont flip your eyes ! Hahaha
MM dont worry getting little restless while waiting for my dividends for Kossan Supermx Topglove Harta & Riverstone Of late added pharma waiting June QR dividend to be announced Aug was told good profits while company doing good jobs serving the nations from pandemic
It has been almost 10 months since all the glove stock prices had been.coming down due to the imaginery.fears of ASP coming down while all the glove makers are making record profits qtrs after qtrs except topglove.which was affected mainly due to CBP.ban . While.nobody knows when the pandemic will end and when will the ASP comes to stabilised state and by how much but the markets had already over reacted as though the ASP had already come down to stabilised state. All the glove makers are having the lowest PEs of less than 4 except Harta with less than 9 . Never in.history had a sector.which keep making record profits while stock.prices keep coming down with Average PE s of less than 4. With the expected good QR for Harta , Supermx , Rubberex, Careplus , the average.PE will come down further to below 3 . The M alaysian markets had gone crazy.
Bursa PAT profit dropped so much from 121m to 88m this qtr. The reinstatement RSS did not help the increase the retailer/FF shares trading volume. In fact all the Top4 gloves shares trading volume and RSS stocks volume dropped drastically since reinstatement of RSS. Usually the those where RSS are suspended, shares trading per day easily exceed average 500m per day but now it is only traded very thinly average about 10m (10x) a day. If bursa want more shares trading from retailer, RSS should be suspended asap.
Sunyata, I did not have any calculation on Fair value but I had done a worst case scenario calculation by assuming ASP go down to US 24 per 1000 and mfg net margin of 10 % and distribution.margin of 15 %. The other assumption .is capacity goes uo to 48 billion per year during post pandemic which may happen in 2003 or 2004 . Pls read my previous messages .
---------------------------------------------- Sunyata Pjseow, how much fair value according to your calculations 28/07/2021 3:41 PM
MoneyMakers Walao got new ID @ anti-me lol Whats ur orig ID??
May disappoint you mm, i am new comer just join in april nevertheless no intention to @anti-anyone just that reading your messages get little excited feel like responding no hard feelings please
Shorties gang is here but it must be them manipulating the share price. As long the below 25m volume/day, the shorties syndicates can manipulate the share price.
Whether u like it or not, the fact remains that there are syndicates manipulation at play. We as small time retailers can't fight but have to wait n be patient
wa HSIF88 FIFO I came in April then washed out by GlovesOff & GroundZero Lately did some homework and com in again Intention to follow others try earn dividend as living
When ASP is uptrend, supermax OBM model is the first to catch up positive hike impact, and grab 2 source of income from distributions and manufacturing.
Wonder what will impact on supermax when ASP start to downtrend!? I think supermax distribution division will start hit negative impact on withholding stock piling loss, while manufacture to record lower ex-factory selling price.
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....
MoneyMakers
7,659 posts
Posted by MoneyMakers > 2021-07-28 11:55 |
Post removed.Why?