Posted by myinvestor > 2021-12-11 10:35 | Report Abuse

Bursa will hit by high stamp duty in Jan 1, 2022. This will increase cost of trading especially for those short high trading investors.

https://themalaysianreserve.com/2021/12/10/bursa-malaysia-to-be-negatively-impacted-by-stamp-duty-hike/

Posted by CharlesT > 2021-12-11 10:41 | Report Abuse

Posted by kbtsyl68 > Dec 11, 2021 10:05 AM | Report Abuse

For the quarter ended November,the utilisation rate is 55%.Despite the low utilisation rate,the TG still managed to book EPS of 2 cents. All overstock carry forward from 2020 order has fully cleared at end of 2021.
TG should report increase profit in the coming quarter. If my prediction is true,then there will be SBB beginning of January 2022.

Is yr prediction on Glove accurate so far in 2021??

If not what makes u to think yr prediction will be chun in 2022 leh???

Posted by GlovesOff > 2021-12-11 10:45 | Report Abuse

Puhlease SBB is worse scam ... when want to wake up ?!?!

SBB is for funds to unload & false hope for bilis to hold on

Posted by UPlanet > 2021-12-11 11:21 | Report Abuse

Remember guys, all this while the price hiking in this glove mania is without Stanley Thai o! Once Stanley back as CEO, all back to normal dump price!!!

Posted by stockraider > 2021-12-11 11:32 | Report Abuse

The only problem is Supermax has not get itself lifted from USA labor sanction loh!

Posted by kbtsyl68 > 2021-12-11 11:46 | Report Abuse

@Charles T
No one can predict the lock down and the ban by us . Even the management with many years of experience in glove manufacturing unable to predict there will be a u turn by our government to imposed lock down. Likewise for the dropped in sales due to us ban and the severe consequences.
Now all these unfavourable conditions are no longer apply and based on current circumstances, I will predict TG worse is over and profitability will be on the uptrend.
TG has a policy to distribute 50% of their profit to shareholders and anyone buying now will start to enjoy the good dividend every QTR.
The number of shares short also reduced to half from 4 million to 2 million yesterday. If the future for TG is bleak, there is no reason the fund reduce the no of shares short.
In additions they are planning to be listed in HK too. If the results are getting worse from this QTR,do you think the TG management will go ahead with the listing in HK .
I am optimistic on the glove industry because of the business and the management.
To me buying in glove industry just like buying a piece of land. Every dollar increase will have a great impact on the profitability of the company as this is the volume business and need a good management and economic of scale to be profitable and sustain the business.
To me this is good time to accumulate. No one will know when is the lowest. As long as the investor think is value for money,then is worth to buy. In share investing,you are lucky if you can sell at the highest and buy at the lowest.
For me I don't have this luck. I don't buy at the lowest,but eventually I will able to sell with good profit.
I didn't buy dnex at 22 cents. I bought at 66 cents to 72 cents. But I already manage to cash out at 80 cents to 88 cents.
I don't trade in shares daily. I buy shares for medium to long term.
With the current share price,there is high probability the management will do GO If we do not average down,then if the GO really take place at RM 2.50, then those purchase above RM 2.50 will lost in their investment.

Posted by CharlesT > 2021-12-11 11:54 | Report Abuse

Do u know why ASP drops like shit?

Posted by CharlesT > 2021-12-11 11:55 | Report Abuse

Back to pre covid 19 level??

Posted by GlovesOff > 2021-12-11 11:59 | Report Abuse

Apa ini siao2 proxy ka long2 essay

Posted by monetary > 2021-12-11 12:09 | Report Abuse

Aiyo..... No wonder so many lose big time here. Kindergarten math failed. Boost sale by 10% is additional 158m lo... 8% profit margin is additional 12.6m profit before tax. After cukai makmur how much left? Still below prepandemic eps as a result of 2to1 bonus. Conclusion is TG below prepandemic price. I m pondering. U can't figure it out with all given facts or u refuse to accept the outcomes?

Posted by monetary > 2021-12-11 12:13 | Report Abuse

https://www.klsescreener.com/v2/news/view/922481
Na! TG management said 10% QoQ sale improvement.

Posted by CharlesT > 2021-12-11 12:15 | Report Abuse

1% drops in ASP will net off 10% rise in sales vol....assuming net profit margin is 10%...

Posted by CharlesT > 2021-12-11 12:19 | Report Abuse

Many couldnt see this co relation btw ASP n profit

Why profit of most glove co jumped by so much, more than 10 times,some even 20 to 30 times last year even their sales quantity of glove doesnt go up that much...

Posted by CharlesT > 2021-12-11 12:19 | Report Abuse

Asp
Asp
Asp

Posted by stockraider > 2021-12-11 12:21 | Report Abuse

Standby!

Posted by kbtsyl68 > 2021-12-11 12:23 | Report Abuse

@Charles T. Knowing the fact that TG goods are banned by US until end of sep. The factory produce the gloves in billions every month. Therefore TG has no choice and need to sell at lower ASP to clear the goods produced.
The coming QTR will reflect the actual operating environment. The banned is also a blessing for TG as they have found a new market in Africa countries as evidenced by the 47% in sales to the African continent.

Posted by myinvestor > 2021-12-11 12:23 | Report Abuse

SINGAPORE: Another airport frontline worker was among three new COVID-19 cases that have tested preliminarily positive for the Omicron variant, said the Ministry of Health (MOH) on Friday (Dec 10).

https://www.channelnewsasia.com/singapore/moh-omicron-variant-covid-19-changi-airport-employee-local-case-vtl-uk-travel-2372616

US hit 10m active infection tomorrow or Monday.
9,936,238

Posted by stockraider > 2021-12-11 12:25 | Report Abuse

Yes but TG latest qtr about eps only about 2 sen....if this trend is maintained the fair value will be about Rm 1.00 per share loh!

Posted by kbtsyl68 > 2021-12-11 12:27 | Report Abuse

@Monetary. Maybe you have miss out the utilisation rate of only 55% in the QTR just announced. Cost of production will be much higher due to low utilisation rate.
Currently they are operating at 80% capacity. I am not good at maths. Maybe you need to calculate again the profit based on 80% utilisation rate . Your calculation is based on utilisation rate and may not be correct and distorted.
Correct me if I am wrong.

Posted by myinvestor > 2021-12-11 12:31 | Report Abuse

TG poor sales bc of poor marketing of gloves. They didn't not promote sales of gloves in international exhibition after the CBP banned lifted. TG just waited for international customers to order.
While SPMX had promoted heavily on international exhibition A+A 2021, Medica 2021 etc in Europe and US. That's difference between OBM business and OEM business.

Posted by kbtsyl68 > 2021-12-11 12:32 | Report Abuse

Another information I would like to share here is currently the cases in China are rising and most province is require to do mass testing . China current policy is zero COVID policy and although each province has cases of less than 100,however all the population are require to go for testing .
Assess yourself whether this info is useful to arrive in your decision to invest in glove industry.

Posted by stockraider > 2021-12-11 12:34 | Report Abuse

Mass testing & Vaccination not necessary to wear Gloves mah!

Lu tau boh ?


Posted by kbtsyl68 > Dec 11, 2021 12:32 PM | Report Abuse

Another information I would like to share here is currently the cases in China are rising and most province is require to do mass testing . China current policy is zero COVID policy and although each province has cases of less than 100,however all the population are require to go for testing .
Assess yourself whether this info is useful to arrive in your decision to invest in glove industry.

Posted by CharlesT > 2021-12-11 12:35 | Report Abuse

U can takeover pjseow's role after he disappear next week onve Supermx touch rm1.30+

Can post long essays here freely one whole year like him while seeing price of Supermax drops fm rm10 to rm1.41 now

Posted by pjseow > 2021-12-11 13:09 | Report Abuse

https://www.theedgemarkets.com/article/top-glove-expects-10-qoq-sales-volume-boost-higher-us-sales-stockpiling-2q

Posted by citadel888 > 2021-12-11 13:42 | Report Abuse

now glovers become tikus , no more beautiful article

Posted by MoneyMakers > 2021-12-11 14:31 | Report Abuse

No use discuss bad fundamentals now when price alrdy 1.4

Time to realise how bad glove fundamentals & exit was when price still high 3/4/5/6..now alrdy too late

Posted by MoneyMakers > 2021-12-11 14:34 | Report Abuse

At this stage need mentally prepare further drop to 65sen (orig price)

Posted by 5c0160 > 2021-12-11 14:56 | Report Abuse

if 0.65 show hand all in.

Posted by Loh Kok Wai W > 2021-12-11 15:38 | Report Abuse

glove counter semua dah masuk...ICU room.

Posted by Condom004 > 2021-12-11 17:49 | Report Abuse

羊群效应...一窝蜂買....一窝蜂賣!!

Posted by Luen07 > 2021-12-11 18:25 | Report Abuse

给那些卖空财团，配合美国海关来割韭菜。

Posted by whocare1982 > 2021-12-11 18:33 | Report Abuse

https://youtu.be/1B-og4V9YTM
(马股)KOSSAN 和 SUPERMAX SWING TRADE ,TG更新-5！

Posted by whocare1982 > 2021-12-11 18:34 | Report Abuse

https://youtu.be/1B-og4V9YTM
(马股)KOSSAN 和 SUPERMAX SWING TRADE ,TG更新-5！

Posted by Luen07 > 2021-12-11 20:35 | Report Abuse

好像世界末日酱，会下到RM0. 65. 看一下云顶大马吧！股价还有Rm2.8 ，云顶还有Rm4.5。连亚航也有Rm0.775。它们这两年都是亏本公司。

Posted by Loh Kok Wai W > 2021-12-11 20:54 | Report Abuse

云顶，云顶大马，没有大集团卖空。。。。亚航不必卖空 自己都 慢性自杀了。。。所以不同性质。

Posted by Loh Kok Wai W > 2021-12-11 20:57 | Report Abuse

股票市场就是这样了。。。它不讲理由也不讲道理的。。。不可能的事它就可能给你看；你认为可能但它扁不可能给你看。。。

Posted by michaelgohmox > 2021-12-11 21:00 | Report Abuse

Supermax correct price will be 0.73 cents , long way to go

Posted by Luen07 > 2021-12-11 21:24 | Report Abuse

如果有财团卖空，我们会更有机会赚钱，是吧！我们在Rm0.65--Rm0.73等它吧！

Posted by Loh Kok Wai W > 2021-12-11 22:11 | Report Abuse

手套股是不可能出现像去年疯狂般。。。目前要买手套股必须，，快进快出。。。

Posted by MoneyMakers > 2021-12-12 12:52 | Report Abuse

Good news - omicron in south africa mostly very2 mild

Posted by NatsukoMishima > 2021-12-12 14:53 | Report Abuse

I think 2022 can get back freedom n back packing to thailand beautiful islands again !

Posted by NatsukoMishima > 2021-12-12 14:59 | Report Abuse

@Loh Kok Wai W 手套股是不可能出现像去年疯狂般。。。目前要买手套股必须，，快进快出。。。

___________

现在还不是最低点，买入随时会亏50%-70%，别心急等他64才花一点钱买来收，那些住高楼的只能说声对不起因为你们已经永不超生了! 疫情钱supermx只直 0.4x - 0.64 !

Posted by NatsukoMishima > 2021-12-12 15:04 | Report Abuse

@Luen07 好像世界末日酱，会下到RM0. 65. 看一下云顶大马吧！股价还有Rm2.8 ，云顶还有Rm4.5。连亚航也有Rm0.775。它们这两年都是亏本公司。

_____________

关键是你敢或愿意买一支基本面已经严重被破坏，未来几年都不会派息还有超高债务就快破产的公司吗?

Posted by Loh Kok Wai W > 2021-12-12 15:10 | Report Abuse

Natsukomishima....谢谢你的 建议。。。我目前手头上没有任何股票，只不过要 捞低。。。不收票。。。。Carepls,Cmfort,Ruberex,Top Glove ....这几个股你有什麽 心得 ？我两个礼拜前有赚一些卖掉了，现在它们的价钱跌到比我买更便宜。。。。！

Posted by NatsukoMishima > 2021-12-12 15:27 | Report Abuse

（开普敦28日讯）新冠肺炎新变异病毒Omicron不断于世界各地扩散，首先向全球示警Omicron的南非，现时国内的新冠主流病毒亦日渐从变种病毒Delta，转变成Omicron。南非约翰尼斯堡执业医生皮莱披露，即使Omicron似乎传播得更快，认为前者比Delta更“温和”，而其多数病患于14天内就能复原。

外电美东时间周六报导，皮莱谈及，他最近平均每日都要接诊几十人，但患者于染上Omicron后，病症相对Delta来的轻微。患者于确诊感染Delta时，出现呼吸困难等症状，不少人因此需入院治疗，但如今感染Omicron的病患多半皆是轻微的流感型症状，譬如咳嗽与身体酸痛。

皮莱提及，患者可居家隔离控制疫情，大部分病患于10到14天隔离期内就可能复原。尽管Omicron症状相对Delta轻微

Posted by Benhobenhobenho > 2021-12-12 17:30 | Report Abuse

Many things still unknown about this new variant omicron. It may look mild n not severce but highly transmissible, still scientists are still doing studies on it. Still in early days, more will be known about this variant in coming days.

Posted by Benhobenhobenho > 2021-12-12 17:35 | Report Abuse

https://www.cleveland.com/opinion/2021/12/why-covid-19-herd-immunity-now-looks-unattainable-sheldon-h-jacobson.html

Posted by Benhobenhobenho > 2021-12-12 17:37 | Report Abuse

Herd immunity which everyone had hoped for, may not be achievable with all the new variants emerging in the world now.

Posted by CharlesT > 2021-12-12 17:45 | Report Abuse

Whatever it is, number of new cases or new variants doesnt stop asp n profit n share prices of glove co to drop to pre covid 19 level

Posted by myinvestor > 2021-12-12 18:23 | Report Abuse

Omicron patients already in Uk hospital.
https://www.mirror.co.uk/news/politics/breaking-omicron-patients-already-hospital-25676798