Posted by myinvestor > 2021-09-01 10:15 | Report Abuse

In June US active cases was only about 5m. Today US active has shot up to 8.4m. A increased of 3.4m active cases in just 2 months.

Posted by habisgl0v3 > 2021-09-01 10:16 |

Post removed.Why?

Posted by Citadel666 > 2021-09-01 10:22 |

Post removed.Why?

Posted by skcm2017 > 2021-09-01 10:28 | Report Abuse

eyeing for next..steady for rubberex/supermx

Posted by glovefinish > 2021-09-01 10:35 |

Post removed.Why?

Posted by Maridien2 > 2021-09-01 10:41 | Report Abuse

Effectiveness of COVID vaccines in keeping patients out of hospitals falls to as low as 75% against Delta variant: People over 75 are highest risk

Effectiveness of the COVID-19 vaccines in keeping recipients out of the hospital drops as low as 75% over time, the CDC reports

Panel met this week to advise the CDC on its decision whether to approve COVID-19 vaccine booster in the U.S.

Posted by Maridien2 > 2021-09-01 10:55 | Report Abuse

Britain's daily Covid hospital admissions breach 1,000 for first time since February as cases jump 4.4% in a week to 32,181 — but England's infections fall again and deaths are down by 71% because of the bank holiday lag

More than 1,000 Covid patients were admitted to hospital in a single day in the UK last week for the first time since February, official data shows as the country's daily cases grew again and deaths fell.

In its usual daily update, the Department of Health and Social Care revealed that 1,019 people were hospitalised with the virus across the UK on August 25.

It marks the first time there have been four-figure Covid admissions since February 24 when the second wave was being brought under control and the jab rollout was just gaining momentum.

Posted by rr88 > 2021-09-01 10:56 |

Post removed.Why?

Posted by Maridien2 > 2021-09-01 10:56 | Report Abuse

Google delays return to office AGAIN amid latest COVID surge: Staff are now told they'll now be working from home until January despite vaccine mandate

CEO Sundar Pichai told staff on Tuesday that remote working will be extended

Google has been the most eager big tech firm to have staff back in offices

But Pichai acknowledged that the Delta surge will delay his plans until January

Facebook has delayed employees return-to-office until at least 2022

Twitter is allowing all employees to work remotely forever if they so choose

Posted by Maridien2 > 2021-09-01 11:05 | Report Abuse

England will suffer a WORSE Covid outbreak than Scotland following the return of children to schools, experts fear

England faces an even worse spike in Covid cases than Scotland when children return to schools, top scientists warned.

Infections have already spiralled to record highs north of the border, with the uptick blamed on the reopening of classrooms following the summer holidays.

And now there are fears England — which has higher background rates of Covid than Scotland did — could be hit even harder, with millions of schoolchildren set to go back later this week and next.

Teaching unions are furious social distancing restrictions such as mask-wearing have been dropped in England, which experts have branded a 'recipe for disaster' — but Scotland is keeping them until the end of September.

Posted by z5spyglass > 2021-09-01 11:06 |

Post removed.Why?

Posted by Sunyata > 2021-09-01 11:22 | Report Abuse

Lol, shorties gonna be burnt so bad.

Posted by Stealth > 2021-09-01 11:54 | Report Abuse

z5spyglass, you sell your backside lah!!

Posted by ket4212 > 2021-09-01 11:59 | Report Abuse

dont panic still have chance

Posted by Habisgl0ve > 2021-09-01 11:59 |

Post removed.Why?

Posted by Stealth > 2021-09-01 11:59 | Report Abuse

Whoever calls for a sell at this price now better go sell your backside first! OK?

Posted by Stealth > 2021-09-01 12:02 | Report Abuse

people realize that habisglove is an ass already, and can sustain!

Posted by KML889 > 2021-09-01 12:04 | Report Abuse

Yeah right supermx profit cannot sustain but your so called Recovery stocks profit can. Not even a single dime profit made in PnL

Posted by KML889 > 2021-09-01 12:04 | Report Abuse

Wake up la dudes

Posted by Stealth > 2021-09-01 12:08 | Report Abuse

Forget recovery stocks lah!! It will take a much much longer time now. No end to the pandemic in sight!!

Posted by Niasengseng > 2021-09-01 12:13 | Report Abuse

Somebody is collecting at 3.23

Posted by Stealth > 2021-09-01 12:15 | Report Abuse

Kossan leading now,the rest will follow!! It has always been that way! NO ONE GLOVE STOCK WOULD LEAVE THEIR FRIENDS FAR BEHIND!!

Posted by idunwork > 2021-09-01 12:31 | Report Abuse

Kossan has best value among gloves. Its realised profit has catched up with market capital gained during covid time.

Posted by Sunyata > 2021-09-01 13:01 | Report Abuse

I will not sell, those want to short please continue to do so, I can buy more, u can burn more

Posted by Maridien2 > 2021-09-01 13:02 | Report Abuse

CDC data shows the U.S. averaged more than 149,000 new COVID cases over the last seven days. Some states are now moving to once again tighten their COVID restrictions to help ease the strain on our nation's health care system, CBS' Skyler Henry reports. Then Dr. Hilary Fairbrother, an emergency medicine physician, joins CBSN's Elaine Quijano to discuss the latest on the pandemic.

https://www.youtube.com/watch?v=-vGkYz9wO9w

Posted by Maridien2 > 2021-09-01 13:05 | Report Abuse

Doctors Concerned About Possible Twindemic Of COVID-19, Flu

Fall and winter are coming, which means so is flu season, and it comes as the Delta variant of the coronavirus is surging. That has many doctors concerned about a possible twindemic;

https://news.yahoo.com/doctors-concerned-possible-twindemic-covid-220900789.html

Posted by pjseow > 2021-09-01 14:02 | Report Abuse

To predict the future , it is good to know the history .
Let me share with you what is the CAGR or compounded Average Growth rate for PATs of the Big 4 glove makers for the 11 years during the pre pandemic period before 2019 . I choose 11 years mainly because 2008 was the year immediately before the H1N1 Epidemic which caused few hundred thousands deaths in US and the rest of the world . The H1N1 Epidemic lasted 18 months from 2009 till mid 2010 .There was also a spike in Glove demands and ASP increase during this period . THereafter , there was a slight drop and then the demands and ASP went up again .

The followings are the PAT CAGRs for the Big 4 from 2008 till 2019 .

Topglove 12 %
Hartalega 19 %
Kossan 14 %
Supermx 7 %

You can see that after the H1N1 was over , there was still growth for all the Big 4 although at a different rates .

Average PE given to the Big 4 in last 5 years

Topglove 25 to 30
Hartalega 30 to 45
Kossan 25 to 30
Supermx 15 to 18


Based on the above data , it appears that there is a correlation between CAGR vs PE given by the markets.

Harta has the highest CAGR and hence the highest PEs
Supermx has the lowest CAGR and hence the lowest PEs

Now look at the current pandemic which started 18 months ago and at the rate the pandemic is going , nobody knows when it will end . As the growth in ASP and capacities are in Bell shape , it is difficult to give a reasonable and logical PEs .
In my previous messages ,I had invented a Hypothetical Linear Growth Rates for Harta, Kossan and Supermx so that there is a comparison with the current Bell Shape growth scenario .
With some comments from the forum , I have adjusted the Stabilised ASP to fall in 2025 instead of 2023 . I have also adjusted the Hypothetical CAGR of ASP to 6 % and capacity increase to 12 % annual growth rate so that both scenario end at the same ASP (US 31 ) and same year . This will give a PAT CAGR of 52 % for Supermx from 2019 to 2025 . Both Scenario will end up with an EPS of 55 sen in 2025 .

Now the interesting questions arise . What should be the PE given to 2025 EPS of 55 sen for supermx?

1. In the first Hypothetical Linear Growth Scenario, the 2025 EPS is the highest for the 6 years from 2019 to 2015 . IT is a beautiful growth story of unpredecented CAGR of 52 % .

2. In the current Bell Curve Scenario , it is a "SAD Story " given by IBs and the naysayers because it is " NEGATIVE GROWTH " since the 2025 PAT and EPS is the lowest from the current peak of 3.8 billions and EPS of 140 sen . If you total up the PATs for the 6 years , the current Bell Curve Scenario has better PAT than the Hypothetical Scenario by 4 billions .

Dont you think it is ironical ? Is it a big joke for our financial analysis community ? Current Scenario make more money becomes a "sad story of NEGATIVE Growth " while the Hypothetical Scenario make less total earnings but is a beautiful story of tremendous growth of 52 % CAGR for 6 years .

Now , what should be the PE assigned for the EPS of 2025 ?

How do you account for the extra difference in Earnings for the 2 scenarios .This is real cash which can be used for Special Dividends and SBB to be given as bonus or any other uses ?

Posted by habisglov3 > 2021-09-01 14:02 |

Post removed.Why?

Posted by AdCool > 2021-09-01 14:12 | Report Abuse

Local analysts are just newbies and follow the pack. JPM is Alpha pack and lead everyone to follow its scheme of deceit. JPM has achieved its TP and would have completed whatever it meant to be. Next, would be back to the logic and fundamental of the counters.

Posted by Stealth > 2021-09-01 14:13 | Report Abuse

habisglove3 wont survive this year!!

Posted by kunju1956 > 2021-09-01 14:15 | Report Abuse

No worries, limit up soon !!! gogogo

Posted by Stealth > 2021-09-01 14:20 | Report Abuse

THUMBS UP PJSEOW!!! EXCELLENT WORK!!

Posted by Stealth > 2021-09-01 14:28 | Report Abuse

Pjseow, i doubt the ibs are not aware of the points you've raised.They KNOW!! But why the negativities ? Its just to demoralize the retailers so as to collect it cheap. Its a game of deceit to mislead. My two sen lah!!

Posted by Stealth > 2021-09-01 14:40 | Report Abuse

GO!! GO!! GO!!

Posted by pjseow > 2021-09-01 14:42 | Report Abuse

Stealth, I agree with you. They knew . I.just want to make it more glaring and obvious that the glove stocks are undervalued.

Posted by Stealth > 2021-09-01 14:46 | Report Abuse

PJSEOW, YOU'VE AT LEAST ENLIGHTENED OUR FRIENDS INCLUDING ME!!

Posted by Benhobenhobenho > 2021-09-01 14:49 | Report Abuse

Many of these IBs can't be trusted to give their views. Only the owners n founders of the glove business know better

Posted by Stealth > 2021-09-01 14:50 | Report Abuse

GO SUPER! GO SUPER!

Posted by pjseow > 2021-09-01 14:51 | Report Abuse

Supermx Uptrend reversal by RHB.
-----------------------
https://www.klsescreener.com/v2/news/view/875579

Posted by Stealth > 2021-09-01 14:54 | Report Abuse

HAHAHA!!! THIS IS A GOOD JOKE PJSEOW!!!!

Posted by Stealth > 2021-09-01 14:55 | Report Abuse

TIME FOR SUPER TO FLY!!

Posted by AdCool > 2021-09-01 14:56 | Report Abuse

RHB suddenly positive on Supermax technicality. Not fundamentally.

Posted by Stealth > 2021-09-01 14:58 | Report Abuse

ADCOOL, THEY CAN'T SAY IT OTHERWISE CAN THEY?

Posted by Stealth > 2021-09-01 14:59 | Report Abuse

GO SUPER, GO SUPER!!!

Posted by Zees77 > 2021-09-01 15:00 | Report Abuse

Thank you PJSeow. Great analysis.
Posted by pjseow > Sep 1, 2021 2:02 PM | Report Abuse

To predict the future , it is good to know the history .
Let me share with you what is the CAGR or compounded Average Growth rate for PATs of the Big 4 glove makers for the 11 years during the pre pandemic period before 2019 . I choose 11 years mainly because 2008 was the year immediately before the H1N1 Epidemic which caused few hundred thousands deaths in US and the rest of the world . The H1N1 Epidemic lasted 18 months from 2009 till mid 2010 .There was also a spike in Glove demands and ASP increase during this period . THereafter , there was a slight drop and then the demands and ASP went up again .

Posted by Benhobenhobenho > 2021-09-01 15:06 | Report Abuse

If IBs can be so positive on glove stocks last year by giving high TP of rm8, 9 n even 20, why are they suddenly so negative, as if glove stocks are loss making

Posted by Benhobenhobenho > 2021-09-01 15:08 | Report Abuse

If this is not stock manipulation, then I don't know what else it is

Posted by ToneeFa > 2021-09-01 15:09 | Report Abuse

Yup pjseow, good point. As far as the anal-lease are concerned, they keep estimating base on prepandemic X 2 numbers, despite the fact that by the end of the pandemic will have at least 4 years passed under the bridge without accounting for the PAT CAGR and the many billions profit and cash in hand accumulated.

Posted by ToneeFa > 2021-09-01 15:13 |

Post removed.Why?

Posted by Stealth > 2021-09-01 15:30 | Report Abuse

YES TONEE, SEEMS LIKE THEY'RE TAKING TURNS TO SHORT