Posted by MoneyMakers > 2021-10-01 12:24 | Report Abuse

No use using whatever nonsense BS assumptions to get high imaginary TP..only lying to ownself

The only true/historically proven valuation is prepandemic ASP = prepandemic profits = prepandemic price (65sen)

Posted by FortuneBlooming > 2021-10-01 12:28 | Report Abuse

How is glove demand ever going to go back to pre-pandemic level, when pandemic is quite obviously still raging & rampaging with newer & robuster covid variants still emerging all the time

that is just so obviously shorting cartel bullkrapping fearmongering

Posted by FortuneBlooming > 2021-10-01 12:28 | Report Abuse

While global population also still continuing to grow all the time

Posted by FortuneBlooming > 2021-10-01 12:29 | Report Abuse

global population right now growing at 90 million per year

this growth, just like your fd interest, is compounded over time

so, in just 7 more years, there's gonna be another 1 billion people on this planet

in just 12 more years, another 2 billion

Posted by MoneyMakers > 2021-10-01 12:38 | Report Abuse

Aiyoyo ofcos demand wont go back prepandemic level but thats just 1 side of story

MARGMA alrdy say demand growing 15% but supply (even supermx) growing 100%++..falling ASP alrdy proof got oversupply

Posted by newbie8080 > 2021-10-01 12:40 | Report Abuse

There will be a cycle whereby the oversupply will hit the glove market somewhere between 2022 to 2023.

Glove stock price will see a squeeze during that period, that's the best entry time.

Just wait for right timing, meanwhile look for other counters that will benefit from the economic reopening.

Posted by DJoker89 > 2021-10-01 12:42 |

Post removed.Why?

Posted by ThePowerOfGlove > 2021-10-01 12:43 | Report Abuse

shorting gang spend every hour of their life awake dissing gloves, badmouthing gloves, attacking gloves, talking gloves down, in order to drag glove stock price down further

Posted by ThePowerOfGlove > 2021-10-01 12:43 | Report Abuse

That is why RSS shorting gang gonna be banned soon

Posted by ThePowerOfGlove > 2021-10-01 12:44 | Report Abuse

RSS ban in the pipeline

Posted by ThePowerOfGlove > 2021-10-01 12:44 | Report Abuse

New amendments to economic/finance policies leaning toward strategies positive for Bursa resurgence, including banning of RSS

Posted by ThePowerOfGlove > 2021-10-01 12:45 | Report Abuse

RSS is destructive & damaging to Bursa

Posted by ThePowerOfGlove > 2021-10-01 12:45 | Report Abuse

Gloves Big 4 are collectively a significant source of tax revenue for govt of Malaysia

So govt will be defending the interests of Gloves Big 4 & also other glove firms in general, including defending their stocks from the indiscriminate attacks & destruction & devastation from RSS shorting gang

Posted by Start_0f_the_bull > 2021-10-01 12:49 | Report Abuse

At last price breakaway from Kossan.

Posted by ThePowerOfGlove > 2021-10-01 12:50 | Report Abuse

RSS shorting gang are not really concerned about us losing our money

They're actually only concerned about themselves losing their money, when their scaremongering job doesn't work on us anymore & they fail to drag the stock price down further

Posted by ThePowerOfGlove > 2021-10-01 12:51 | Report Abuse

So, once suspended, RSS should not be reinstated, until Bursa is in crazy gila insane hyperbull mode again

Posted by MoneyMakers > 2021-10-01 12:53 |

Post removed.Why?

Posted by Jonathan Keung > 2021-10-01 12:54 | Report Abuse

Shorties is making a killing at investor expense

Posted by MoneyMakers > 2021-10-01 12:55 |

Post removed.Why?

Posted by Ryan83 > 2021-10-01 12:58 | Report Abuse

Most share price also drops not only glove shares as worldwide market correction looking to intensify further

Posted by FortuneBlooming > 2021-10-01 13:02 | Report Abuse

no grandma windfart tax? oh dear, how disappointing

for the shorting gangsters

Posted by Keyman188 > Sep 30, 2021 1:35 PM | Report Abuse

No plans to impose windfall tax on glovemakers, sectors that made extraordinary profits during Covid-19 pandemic, says Tengku Zafrul

Posted by FortuneBlooming > 2021-10-01 13:03 | Report Abuse

whether you call it 'pandemic' or 'endemic', it's still basically just splitting hairs, just plain semantics for the jargon gymnasts, just simple branding & perception play

the basic situation has not changed at all

Posted by 5231428 > Sep 30, 2021 1:11 PM | Report Abuse

From pendamic to endemic,we have to live with the virus so looks like everyone have to use gloves.

Posted by FortuneBlooming > 2021-10-01 13:03 | Report Abuse

global glove demand still gonna be growing

Posted by Benhobenhobenho > 2021-10-01 13:21 | Report Abuse

Gloves are not only used by healthcare industry, but also by food,, manufacturing, cleaning n airline sectors etc. too
So there's a vast market for gloves actually especially during this pandemic

Posted by Ryan83 > 2021-10-01 13:33 | Report Abuse

As worldwide share market downtrend intensify now all shares also selling down

Posted by Knm_bottomed > 2021-10-01 13:39 | Report Abuse

Is not making new low, yet. Also don't see it moving the same way as tech

Posted by VolatileIsMyGold > 2021-10-01 13:54 | Report Abuse

tech is only providing a niche product

Posted by VolatileIsMyGold > 2021-10-01 13:55 | Report Abuse

glove is a broad-use industrial consumer goods product

Posted by Adrian Tan > 2021-10-01 14:00 | Report Abuse

Analysts are supposed to be 1) ethical 2) facts based 3) independent 4) unbiased. I think their flip flop views over such a short period of time indicate 1 or 2 of these attributes may be missing. I think none wishes to be viewed as a contrarian, no matter what and get confidence with numbers. If most think a counter should be at a certain TP range , then they feel more assured if their own preferred TP is within that range and justified it towards that TP with their own stories.

Posted by VolatileIsMyGold > 2021-10-01 14:03 | Report Abuse

the pendulum has swung the other way

Posted by VolatileIsMyGold > 2021-10-01 14:03 | Report Abuse

shorting cartel gonna be buggered big time soon

slaughtered like there's no tomorrow

Posted by VolatileIsMyGold > 2021-10-01 14:03 | Report Abuse

fairly soon

Posted by myinvestor > 2021-10-01 14:06 | Report Abuse

WASHINGTON (Reuters) - U.S. Trade Representative Katherine Tai will unveil the Biden administration's long-awaited strategy for the troubled U.S.-China trade relationship in a speech on Monday at a Washington think tank, her office said.

Biden administration officials say China has not met its Phase 1 trade deal commitments and they intend to hold it to its international trade commitments.

Chad Bown, a senior fellow at the Peterson Institute for International Economics in Washington, estimates that China's purchases of U.S. exports through August are running at about 62% of the Phase 1 targets, based on U.S. export data.

US tariff on imposing 15% tax on China medical gloves will be announced on Monday.

Posted by niet > 2021-10-01 14:06 | Report Abuse

Looks like here got more shortist supporters than topglov.

Posted by MoneyMakers > 2021-10-01 14:08 | Report Abuse

Other stocks will recover but glove drop likely permanent

Posted by Beltland > 2021-10-01 14:14 | Report Abuse

Beltland Do not put too much trust on Certified Financial Analysts target price, they are a group of professionals employ by IB to look after their interest, the target price set by them carry no legal or social responsibility at all ,they can revise the target price within the same day one or two times base on her assumption. Before buying do your own diligence carefully.

Trade wisely !
01/10/2021 11:34 AM



Share market is a money Game !

It's a zero sum Game !

It's direct fight between IB Bankers and Retailers.


End result : Retailers must lost money !

Posted by ThePowerOfGlove > 2021-10-01 14:16 | Report Abuse

shorting gang losing power

Posted by ThePowerOfGlove > 2021-10-01 14:17 | Report Abuse

shorting gang running out of gas

Posted by ThePowerOfGlove > 2021-10-01 14:17 | Report Abuse

shorting gang running out of desperate pathetic scare stories

Posted by ThePowerOfGlove > 2021-10-01 14:18 | Report Abuse

shorting gang now back to having to resort to desperate pathetic old stale tak laku grandmother's windfart tax tale

pooooorrrrrttttt

Posted by ThePowerOfGlove > 2021-10-01 14:19 | Report Abuse

singapore covid-19 cases just hit record high 2,478 cases per day on thursday 30 september 2021

Posted by ThePowerOfGlove > 2021-10-01 14:19 | Report Abuse

high vaxxing rate alone not gonna bring covid under control, vaxxing needs to be combined & integrated with restrictions, good healthcare preventive measures & precautions, use of ppe, tight sop etc.

even highly vaxxed singapore struggling hard to manage covid now

Posted by ThePowerOfGlove > 2021-10-01 14:20 | Report Abuse

vaxxing alone can't do the job, as has been proven by experiences in US, UK, israel, singapore etc.

Posted by ThePowerOfGlove > 2021-10-01 14:20 | Report Abuse

only wackos, nuthedds, crackos & stuppidos still believe that covid-19 gonna disappear completely in one month, just with high vaxxing rate alone

Posted by ThePowerOfGlove > 2021-10-01 14:32 | Report Abuse

MARGMA expecting rubber glove supply shortfall of 80 billion pieces in 2021

https://www.theedgemarkets.com/article/margma-says-glove-demand-expected-continue-being-robust-until-2q2022

demand 500 billion pcs, supply only 420 billion pcs

Posted by ToneeFa > 2021-10-01 14:47 | Report Abuse

https://www.scmp.com/economy/china-economy/article/3150634/chinas-power-crisis-beijing-vows-increase-coal-imports-and

China power crisis will have major impact on glove production cost.

Posted by ToneeFa > 2021-10-01 14:51 | Report Abuse

@myinvestor WASHINGTON (Reuters) - U.S. Trade Representative Katherine Tai will unveil the Biden administration's long-awaited strategy for the troubled U.S.-China trade relationship in a speech on Monday at a Washington think tank, her office said.

Biden administration officials say China has not met its Phase 1 trade deal commitments and they intend to hold it to its international trade commitments.

Chad Bown, a senior fellow at the Peterson Institute for International Economics in Washington, estimates that China's purchases of U.S. exports through August are running at about 62% of the Phase 1 targets, based on U.S. export data.

US tariff on imposing 15% tax on China medical gloves will be announced on Monday.
01/10/2021 2:06 PM
---------------------------------------------------------------
Likely USTR will reimpose the tariff on medical products to force China to comply with Phase 1 targets. China glovemakers will likely face with double jeopardy. power price hike and US tariff.

Posted by ThePowerOfGlove > 2021-10-01 15:04 | Report Abuse

MARGMA expecting rubber glove supply shortfall of 80 billion pieces in 2021

https://www.theedgemarkets.com/article/margma-says-glove-demand-expected-continue-being-robust-until-2q2022

demand 500 billion pcs, supply only 420 billion pcs

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

ToneeFa. Thanks for all the good news.

Posted by OnTime > 2021-10-01 15:14 | Report Abuse

where did ithe report say that "US tariff on imposing 15% tax on China medical gloves will be announced on Monday."?