Posted by ToneeFa > 2021-08-03 19:25 | Report Abuse

https://www.jpost.com/health-science/coronavirus-more-than-3000-cases-in-a-day-setting-record-for-new-wave-675680

A total of 3,161 people tested positive for the coronavirus on Monday, with 217 in critical condition, according to reports by the Health Ministry.
The amount of new cases sets a record for the amount of positive COVID tests in a day under the new wave of cases.
------------------------------------------------

Israel, the most highly vaccinated country in the world is facing a new Covid Delta wave.

Posted by investmalaysia777 > 2021-08-03 19:28 | Report Abuse

is there any correlation between no of covid cases and glove share price? If there is, please explain the drop in share price of glove counters.

Posted by ToneeFa > 2021-08-03 19:30 | Report Abuse

IM777, where is the "many companies" that have share price below their cash in hand value? Bila mau kasi your prove? Don't always tokok ok.

Posted by elbrutus > 2021-08-03 19:36 | Report Abuse

bro ...u ask this sinkalan also a waste of ur precious gas lah ...better save it to warm ur tummy better ...lol

Posted by kuaTAKtahu > 2021-08-03 19:37 | Report Abuse

Buy Buy Buy

Posted by ToneeFa > 2021-08-03 19:40 | Report Abuse

https://youtu.be/T0bAEXWJO_A

Epsilon has the potential to create havoc for those who have been vaccinated. It may be the game changer in our false "sense of security" of the vaccines as our protector. Once again, we will feel unprotected until we get an Epsilon based updated booster jab. When can get ah?

Posted by ToneeFa > 2021-08-03 19:46 | Report Abuse

@investmalaysia777 is there any correlation between no of covid cases and glove share price? If there is, please explain the drop in share price of glove counters.
03/08/2021 7:28 PM

I have explained so many times in my previous posts, if you still cannot understand then blame it on your low IQ la. No point to keep explaining to u when u cannot get it.

Posted by Citadel9999 > 2021-08-03 19:59 | Report Abuse

bursa tak boleh pakai la, harta result so good also close red

Posted by ToneeFa > 2021-08-03 20:02 | Report Abuse

https://youtu.be/8fA_ETj7Kow

More pain coming for recovery stock?

Posted by investmalaysia777 > 2021-08-03 20:02 | Report Abuse

@toneefa, if I'm not mistaken I say many companies trading below NTA not cash in hand value. check back previous post. but I'm not sure the comment still there or not la. you know de la. all these losers like to report people

Posted by investmalaysia777 > 2021-08-03 20:03 | Report Abuse

oh ya lor. no point telling you guys what's going on when you cannot get it. so now I just troll only hahaha.

Posted by investmalaysia777 > 2021-08-03 20:04 | Report Abuse

if your theory works, supermax share price will not at this level.

Posted by nahc4131 > 2021-08-03 20:23 | Report Abuse

This coming QR , a lot glove counter hit new high .
Demanding for glove still remain high . Revenue up up up .

Foreign fund is less now . Local big players is in the market .

Posted by pjseow > 2021-08-03 20:26 | Report Abuse

There is a difference beyween NTA and Net Cash in Hand. NTA comprises land, buildings,machinery , cash , goodwill etc . I agreed with you that many companies could be selling below NTA when the NTA cannot generate good earnings especially those in property sectors currently. Nett Cash is a different thing. No one will sell below the nett cash per share especially the other assets are.generating huge cash in the past few qtrs and will.continue to generate in the coming.years. It will.be plain.stupxxd to do so for the seller. Supermx.is still selling more than.2x of its net.cash. From the huge earnings in this qtrs plus the coming qtrs, the net cash will.still be growing , other assets will also be growing while the supermx investors will.receive Dividend yield of more than 10 %, why should the sellers sell below the current nett cash.per share?


------------------------------
investmalaysia777 oh ya lor. no point telling you guys what's going on when you cannot get it. so now I just troll only hahaha.
03/08/2021 8:03 PM

Posted by ToneeFa > 2021-08-03 20:28 | Report Abuse

@investmalaysia777 @toneefa, if I'm not mistaken I say many companies trading below NTA not cash in hand value. check back previous post. but I'm not sure the comment still there or not la. you know de la. all these losers like to report people
03/08/2021 8:02 PM

IM777, its ok , whether NTA or cash in hand, u can still give one best example to prove ur point. Why so scared to give? unless u always tokok oni.

Posted by pjseow > 2021-08-03 20:31 | Report Abuse

Investmalaysia, can you explain why the glove share prices keep going up from April 2020 till Oct 2020 when the PE was more than 100 ?

-----------------------------
investmalaysia777 is there any correlation between no of covid cases and glove share price? If there is, please explain the drop in share price of glove counters.
03/08/2021 7:28 PM

Posted by investmalaysia777 > 2021-08-03 20:32 | Report Abuse

go and search yourself la aiyooo. I lazy want do homework because of all these losers here la. in the end also kena banned one. what's the purpose

Posted by ToneeFa > 2021-08-03 20:34 | Report Abuse

@investmalaysia777 if your theory works, supermax share price will not at this level.
03/08/2021 8:04 PM

Nobody knows exactly what will happen in future except God. But the tell-tale sign are plenty to indicate that Covid is not going away anytime and we will have to continue to fight it, Now u have 3 huge variants to deal with Delta, Epsilon and Lambda. With the infection ravaging globally, experts are saying its inevitable a variant that totally evade all current vaccines will emerge. And I suspect, soon there will be more than one variant that will totally evade all the vaccines. Maybe soon we may be back to square one battling Covid and the world will need to rush out the latest updated booster jabs for the entire world. Imagine doing this when 3/4 of the world have yet to be vaccinated.

Posted by ToneeFa > 2021-08-03 20:58 | Report Abuse

@investmalaysia777 go and search yourself la aiyooo. I lazy want do homework because of all these losers here la. in the end also kena banned one. what's the purpose
03/08/2021 8:32 PM

Haha...this is prove that u r a dumbdonkey that only tokok with no substance. If have to search, means u got no company in mind when u make ur claim.

Posted by ToneeFa > 2021-08-03 21:04 | Report Abuse

@pjseow There is a difference beyween NTA and Net Cash in Hand. NTA comprises land, buildings,machinery , cash , goodwill etc . I agreed with you that many companies could be selling below NTA when the NTA cannot generate good earnings especially those in property sectors currently. Nett Cash is a different thing. No one will sell below the nett cash per share especially the other assets are.generating huge cash in the past few qtrs and will.continue to generate in the coming.years. It will.be plain.stupxxd to do so for the seller. Supermx.is still selling more than.2x of its net.cash. From the huge earnings in this qtrs plus the coming qtrs, the net cash will.still be growing , other assets will also be growing while the supermx investors will.receive Dividend yield of more than 10 %, why should the sellers sell below the current nett cash.per share?
03/08/2021 8:26 PM

Good point pjseow. Problem is u explaining to a low IQ sinkalan , who not only cannot get it but would not appreciate the significance of what u said.

Posted by Start_0f_the_bull > 2021-08-03 21:05 | Report Abuse

Guys, my technical charts shows technical rebound for all glove counters will be coming soon, VERY SOON! Stay tune.
03/08/2021 9:03 PM

Posted by supermax to the Moon! > 2021-08-03 21:06 | Report Abuse

knape donkey dongeng asyik bising. you hold i hold everybody hold then steady ma
Peace Love Positive, Rm18k all in entry at 3.19
不要吵,继续努力吧,超大!supermax!

Posted by ToneeFa > 2021-08-03 21:10 | Report Abuse

https://www.theedgemarkets.com/article/are-glove-stocks-last-leg-rally

pjseow, any comment on the above article? especially the Harta FY2022 forecast?

Posted by Bgt 9963 > 2021-08-03 21:20 |

Post removed.Why?

Posted by sharemarket21 > 2021-08-03 21:28 | Report Abuse

Nothing much to say for now as expected the outcome. But comments with dot here and there. You can't fool anyone here. Hah !

Posted by Maxsuper > 2021-08-03 21:41 | Report Abuse

....... anything that you think can make Super go rm12 the market already know n ignore.......remember, what you think is not important....

Posted by pjseow > 2021-08-03 21:44 | Report Abuse

Toneefa, it is quite obvious that the analyst who wrote thus article did not expect the super duper earning of harta announced in.this afternoon. The analyst had not studied in.detail Harta 's Q4 2021 qtr earning and also did not pay attention to its briefing . Harta hit the 1.1 b earning in Q4 despite shipping only 6.7 b pcs which was.only 70 % of the Q3 9.5 billion pcs. If Harta.had.shipped 9.5 b pcs, its earning would have been 1.57 b. The ASP of Q4 Q4 was US 82.5 and the briefing.clearly.stated that the ASP will be higher in Q1 2022. Obviously, the higher ASP , higher volume shipped in Q1 plus the approximately rm 360 million inventory which was shipped in Q1.due to the earlier.container shortage had helped to boost up the great earnings. My estimate for the balance 3.qtrs will be 1.5 b, 1.2 b and 1 b for the balance 3 qtrs respectively. This will.give a total of 2.26 +1.5+1.2+1.0 = 5.96 billions.


----------------------------------------------
ToneeFa https://www.theedgemarkets.com/article/are-glove-stocks-last-leg-rally

pjseow, any comment on the above article? especially the Harta FY2022 forecast?
03/08/2021 9:10 PM

Posted by investmalaysia777 > 2021-08-03 22:02 | Report Abuse

good analysis @pjseow. 3 consecutive decreasing quarters hahahaha

Posted by nahc4131 > 2021-08-03 22:06 | Report Abuse

Bila supermax QR keluar ?

Posted by ToneeFa > 2021-08-03 22:15 | Report Abuse

thanks pjseow , i agree with your analysis. I too expect that by 2Q22 Harta PAT would have almost touch the FY22 forecast of 3.89b by the analyst. As a note, your forecast assumes that Covid is receding and would be slowly under control in the next 3 qtrs. But the global trend seems to indicate that Covid may continue to wreck more havoc in many countries and that glove demand would remain elevated well into 2022. So its hard to say if ASP would drop gradually or remain flat or even increase further.

Posted by MoneyMakers > 2021-08-03 22:18 | Report Abuse

Can start panic if tomorrow breaks 3.05..nothing left to do but accept coming QR massacre

Posted by GlovesOff > 2021-08-03 22:31 | Report Abuse

If PN collapse ho ho ho ~ next gov first order is to shut factories ...

Posted by pjseow > 2021-08-03 22:45 | Report Abuse

ToneeFA, yes , my assumptions were ASPs tapering down to US 80 , 70 and then 65 without capacity increase. The ASPs.may stabilized at 70 or 80 due to the recent surge in infection rates . I believe Harta may.also.increase its capacity from.the current 44 billions but not as aggressive as supermx.

-------------------------
ToneeFa thanks pjseow , i agree with your analysis. I too expect that by 2Q22 Harta PAT would have almost touch the FY22 forecast of 3.89b by the analyst. As a note, your forecast assumes that Covid is receding and would be slowly under control in the next 3 qtrs. But the global trend seems to indicate that Covid may continue to wreck more havoc in many countries and that glove demand would remain elevated well into 2022. So its hard to say if ASP would drop gradually or remain flat or even increase further.
03/08/2021 10:15 PM

Posted by bzeew > 2021-08-03 22:50 | Report Abuse

https://www.freemalaysiatoday.com/category/highlight/2021/08/03/deltas-spread-seen-pushing-herd-immunity-threshold-above-80/

Posted by pjseow > 2021-08-03 22:52 | Report Abuse

Negative as usual. CBP may ban, government may introduce windfall tax, emco may continue, government shut down.all factories , ASP s coming down, what else ? The sun may rise from the west ?

---------------------
GlovesOff If PN collapse ho ho ho ~ next gov first order is to shut factories ...
03/08/2021 10:31 PM

Posted by GlovesOff > 2021-08-03 23:03 | Report Abuse

@pjsiao99 ~ so long portfolio not as NEGATIVE as you hahaha

Posted by pampers > 2021-08-03 23:06 | Report Abuse

@pjseow, according to the harta briefing today, ASP expected to drop to 40 potentially, they foresee post pandemic ASP will be around 30-35, so don't be too opstimic about the ASP... Anyway, glove counters are still way undervalue even ASP is dropping.

Posted by GlovesOff > 2021-08-03 23:07 | Report Abuse

Updates from Hartalega conf call

Gloves selling prices *expected to fall -30% qoq in Sept*, potentially ~USD40 by Dec 2021.

Customers are *lightening their inventory in view of declining glove prices*.

Expect *lower utilisation rate in next quarter* due to *60% workforce capacity and shutdown during EMCO.*

Constant disruption in operations* (lockdowns, 60% workforce, full shutdown etc) has caused *some customers to shift some orders to China to diversify supply risks*.

Will delay some expansion plans* in view of current unfavourable situation.

90% of workers received first dose of vaccination* so far.

We think there *could be further downside risks should glove selling prices fall below USD30* (what most analysts are factoring in). *More clarity once the glove selling price declines stabilise.*

Posted by kami82 > 2021-08-03 23:15 | Report Abuse

Then, better keep away from the gloves co

Posted by GlovesOff > Aug 3, 2021 11:07 PM | Report Abuse

Updates from Hartalega conf call

Gloves selling prices *expected to fall -30% qoq in Sept*, potentially ~USD40 by Dec 2021.

Customers are *lightening their inventory in view of declining glove prices*.

Expect *lower utilisation rate in next quarter* due to *60% workforce capacity and shutdown during EMCO.*

Constant disruption in operations* (lockdowns, 60% workforce, full shutdown etc) has caused *some customers to shift some orders to China to diversify supply risks*.

Will delay some expansion plans* in view of current unfavourable situation.

90% of workers received first dose of vaccination* so far.

We think there *could be further downside risks should glove selling prices fall below USD30* (what most analysts are factoring in). *More clarity once the glove selling price declines stabilise.*

Posted by Geek2020 > 2021-08-03 23:20 | Report Abuse

Tomorrow sea of red in Bursa lor.. all counters will be affected. Better dont open the trading app.

Posted by MoneyMakers > 2021-08-03 23:30 | Report Abuse

Walao can alrdy imagine how bad coming Supermx QR will be (most sensitive to ASP fluctuations)

QR massacre in sight..been long time coming - finally almost here!!

Just sit back, relax & enjoy the waterfall

Posted by brian3381 > 2021-08-03 23:31 | Report Abuse

Wil drop back to 1.50

Posted by ooi8888 > 2021-08-03 23:33 | Report Abuse

you mean GENTING MALAYSIA?

Posted by brian3381 > 2021-08-03 23:34 | Report Abuse

Genting malaysia wont 1.50 la.

Posted by ooi8888 > 2021-08-03 23:35 | Report Abuse

HOW DO YOU KNOW?

Posted by tailangong > 2021-08-03 23:51 | Report Abuse

Next qr release, 2b profits!!

Posted by Maridien2 > 2021-08-03 23:53 | Report Abuse

Covid forever please

Posted by KooSan > 2021-08-03 23:58 | Report Abuse

Niamah change government

Posted by bulldog > 2021-08-04 07:44 | Report Abuse

Good morning all shareholders

Huat chaiii

Posted by xiaomixiaohai > 2021-08-04 08:31 | Report Abuse

Just as vaccination ramping up...IB will be shorting it to new lows. Good job IB!