Posted by mrlimitdown > 2020-12-31 19:45 | Report Abuse

heading to 3.00

Posted by Consultant > 2020-12-31 23:03 | Report Abuse

It will drop below 4.. no rush.. can enter once the price drop below 4

Posted by chtan33 > 2020-12-31 23:12 | Report Abuse

EPF buy Kossan 1.4mil share, Harta 2mil share & TopGlove 9mil share

Posted by yangkwang99 > 2021-01-01 05:29 | Report Abuse

2020 highlight news is covid19. Now 2021 is here , the news highlight is still covid19 with record breaking cases! Glove counters will reign supreme! Excellent profits ahead! The human behavior will weaken and delay the use of vaccine. Realistically no solution!!! Market forces be real! Your action to depress price of glove counters are nothing more than pure manipulation! It will be short live! Hell with you!!!!
Good profit is the real catalyst what true investors look for! Cheers! Be invested!

Posted by linheng > 2021-01-01 05:59 | Report Abuse

Vaccination going at very slow pace. In US they expected to vaccinate 100 m people by end 2020. Only got to less than 5 m.
Also there is a more infectious variant of virus.
End of the day, I believe we can hold this stock at this price for
the value.52 week low (before pandemic) for this stock is $2.038.
Now with extraordinary earnings, this stock had increase only less than 2.5X during this pandemic. EPF also buy again on the 28Th Dec at
average price of $4.80.
Kossan also got make rubber bearings and fenders.

Posted by linheng > 2021-01-01 06:41 | Report Abuse

Closing price on 31 Dec 2019 was $4.16. Adjust for 1:1 Bonus.
You can see that this Glove stock had gone up the least during this pandemic

Posted by UnkleLim > 2021-01-01 13:15 | Report Abuse

Lowest TP among IBs is 3.8 by JPM which is the most pessimistic. Price now 4.5, 0.7 difference from the lowest TP. Even kossan go back to RM5 only also more than 10% return. Glove usage still strong. UnkleLim think worth the risk lo at 4.5

Posted by RakuRHBCIMB > 2021-01-01 19:56 | Report Abuse

1) SARS (2003)
H1N1 (2009 )
MERS (2012)
EBOLA (2014)
ZIKA (2016)
COVID-19( 2020)
NEXT VIRUS (20??)
Every few years, new and more deadly viruses will emerged. Glove is a safe long term bet

2) Heard immunity need to achieve for covid-19 vaccine to work is 60% of the world population which turn up to be about 4.7 billion people. How long time is needed to produce such a massive amount of vaccine and vaccinate such a massive amount of population? This will be the world largest vaccination effort in the history.

3)Vaccine nationalism
-most of the vaccine that are highly effective now are produced by rich nations which they have invested billions of dollar in it. The vaccine will be given to their country first and then to other rich countries next. Poorer country will be the last to receive the vaccine. This will delay they global vaccination programme

4)Margma 2018 source:Glove consumption per capita range from USA (150), Europe (100), Brazil (24), korea (48), Japan (54), India (4), Indonesia (2) , China (6). With the heightened awareness toward hygenic, there is still ample room for growth of glove consumption in many countries post pandemic.

5) New glove players-likely to fail due to economy of scale and user confidence. As an analog, if u feel safe using Durex as an condom, suddenly there is one company by the name Proton say want to produce the condom, will you dare to use that condom?

Posted by linheng > 2021-01-02 07:56 | Report Abuse

Dec 2020 was the time local fund managers sell gloves stocks to lock in gains. After all, that is their only winning sector and their bonus is based on their fund performance. I believe local fund will buy gloves for 2021 for their yield. Already the last few days the local fund managers have being taking up glove sector.

Posted by FortuneBlooming > 2021-01-02 15:44 | Report Abuse

Glove makers in for good run in 2021

https://www.thestar.com.my/business/business-news/2021/01/02/glove-makers-in-for-a-good-run-this-year

Posted by FortuneBlooming > 2021-01-02 15:50 | Report Abuse

Just TopGlove alone gonna be making full year profit RM13+ bil

Posted by Kevin Tam > 2021-01-02 15:56 | Report Abuse

Kossan target price of 3.80-8.00 , at current prices of 4.48-4.60, the risk is much lower than Topglove, Harta n Supermax ....

Posted by linheng > 2021-01-02 18:10 | Report Abuse

Glove makers in for good run in 2021
https://www.thestar.com.my/business/business-news/2021/01/02/glove-mak...
After talking down Glove stocks for the last Q of 2020, the IB's and Fund Managers will talk up glove 1st Q 2021.
Less see if my prediction is true

Posted by linheng > 2021-01-02 18:30 | Report Abuse

2020. Fund managers only wining stocks are Gloves. So after selling to lock in profits, they talk down Gloves in the 4th Quarter. 2021 is a different ball game. They will be quietly buying gloves because of the earnings. Don't be fooled

Posted by HIGHCHAPERAL > 2021-01-03 09:10 | Report Abuse

Dear ALL,

The glove manufacturers are at it again to trap the people. 2 Jan 2021 STAR biz week says 2021 is going to be a great year for gloves. The objective here is to get the retail investors excited and set the trap again.

Please cut losses and stay away from 100% of glove MANUFACTURING counters regardless how high they may recover at a later date. Glove counters are controlled by a group of fund managers who want to ensure that ONLY they will win. Retail or small investors will be destroyed.

It has nothing to do with vaccines, fundamentals, PE ratio, yield nor extremely high profits. It is all to do with the "glove chonker" (the so called fund manager). However, having said that, I feel it is safe to invest in glove counters that are presently below RM1 but with caution. We have to teach the fund managers a lesson. Do not touch any glove counters above RM1 !

Once retail investors stay away from Glove Manufacturing Stocks that were artificially inflated by the syndicates, they (the syndicates) will be stuck, whereby their billions will be tied up. Let them finally own 100% of the glove stocks and take them all private. Please note syndicates make money only when general public buy the shares that they sell ! Thank you !

Posted by pendekarbujang > 2021-01-03 09:28 | Report Abuse

totally agree

Posted by UnkleLim > 2021-01-03 10:28 | Report Abuse

Aiyo, ownself take the risk lo. Like UnkleLim mentioned, back to RM5 also more than 10% return d. Most pessimistic TP is RM3.8. RM0.7 downside. Kossan drop more than topglove, harta, supermax.

Everything has its risk. Do your own risk analysis and judgement lo. Anyway, gloves shortage and high ASP is a fact d lo now.

Posted by chkhooju > 2021-01-03 10:59 | Report Abuse

It truly shows that @Highchaperal is living in a coconut shell, ultimately blind to his surroundings.

Posted by UnkleLim > 2021-01-03 11:07 | Report Abuse

Not to mention RM1, even RM2 or RM2.5 also not possible as it is pre covid level with low earnings.

Posted by michaeso > 2021-01-03 19:13 | Report Abuse

Give support

Posted by emc2garylow > 2021-01-03 22:03 | Report Abuse

https://m.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=7148&section=announcement

Posted by chtan33 > 2021-01-03 22:14 | Report Abuse

Smart money turn to Recovery play..... construction/ properties/ tourism... too optimistic la

Posted by linheng > 2021-01-04 08:02 | Report Abuse

Lets ignore the rising no of cases despite the vaccine.
US population is 331M. So far about 18M infected.
Vaccinations uses gloves and most vaccine require 2 shots.
Lets say 70% of population is vaccinated. That works out to 70/100
X 331M X 2 = 463.4M pairs of gloves. Multiply by the no of countries during vaccination.

Posted by CakapSohaiThings > 2021-01-04 08:41 |

Post removed.Why?

Posted by ranacinggey > 2021-01-04 09:08 | Report Abuse

RM2.00

Posted by CakapSohaiThings > 2021-01-04 09:23 |

Post removed.Why?

Posted by investortrader88 > 2021-01-04 10:00 | Report Abuse

done top up at RM 4.00.good luck guys .

Posted by tamp0i > 2021-01-04 10:01 | Report Abuse

Buy... All in and don't care

Posted by newkid > 2021-01-04 10:03 | Report Abuse

Accumulate 600k @4.01

Posted by Pgraduate123 > 2021-01-04 10:06 | Report Abuse

2.99 all in

Posted by yjasonng2020 > 2021-01-04 10:13 | Report Abuse

done top up at 3.96

Posted by tamp0i > 2021-01-04 10:59 | Report Abuse

Don't get regulated by IB, buy the dip

Posted by gloveharicut > 2021-01-04 11:03 | Report Abuse

https://klse.i3investor.com/blogs/gloveharicut/2021-01-04-story-h1539145158-Gloves_bulls_appeared_to_have_turned_into_Gloves_bears.jsp

Posted by HIGHCHAPERAL > 2021-01-04 11:05 | Report Abuse

Dear ALL,

We cannot invest in the glove counters that had a good run in recently months like topglov, supermax, kossan, comfort, rubberrex, hartalega and carepls. We can only punt and bet on them like a casino because the fund managers wants it that way. So PLEASE STAY AWAY FROM THESE COUNTERS 100%. Let the major shareholders and the syndicates go on the death trap regardless how high it may fly in future !

Thank you.

Posted by Woodswater > 2021-01-04 12:13 | Report Abuse

https://klse.i3investor.com/m/blog/koonyewyinblog/2020-11-19-story-h1536495431-US_will_require_more_gloves_Koon_Yew_Yin.jsp

----------------------------------------------------------------------
https://www.channelnewsasia.com/news/singapore/covid-19-first-vaccinations-ncid-healthcare-workers-pfizer-13864346

Who say vaccination must use glove?
04/01/2021 11:50 AM
Posted by Pinky @ Superman firum

----------------------------------------------------------------------
YYK told lol
Wakakakaka

Posted by CakapSohaiThings > 2021-01-04 12:17 |

Post removed.Why?

Posted by CUTLOST > 2021-01-04 12:26 | Report Abuse

Still not bottom yet

Posted by UnkleLim > 2021-01-04 12:38 | Report Abuse

UnkleLim bought at 3.93. Near the most pessimistic TP.

Posted by helang82 > 2021-01-04 12:56 | Report Abuse

why JP Morgan Chase gave super low TP, just 3.80?

Posted by stockraider > 2021-01-04 13:17 | Report Abuse

The day that USA Custom bravely announced BAN on world biggest gloves manufacturer Topgloves from USA, that is the sign that there are no shortages of gloves mah...!!

But the vested interest parties still mentioned gloves shortage to mislead the investing public loh...!!

Posted by gloveharicut > 2021-01-04 14:59 | Report Abuse

https://klse.i3investor.com/blogs/gloveharicut/2021-01-04-story-h1539146151-RM13_65b_market_cap_wiped_off_from_big_four_GLOVEs_this_morning.jsp

Posted by kl2318 > 2021-01-04 15:17 | Report Abuse

reloading again 3.94

Posted by UnkleLim > 2021-01-04 15:22 | Report Abuse

This kossan no rebound at all. Topglove rebound d lo woi

Posted by oskchoon > 2021-01-04 15:24 | Report Abuse

Kossan - 11月穷12月绝今年1月就翻身....二月包赢大紅包....

Posted by Bossanova > 2021-01-04 15:51 | Report Abuse

Kossan is dead...... the rest got up and down movement... kossan down all the way.....

Posted by CakapSohaiThings > 2021-01-04 15:55 |

Post removed.Why?

Posted by invest4tomoro > 2021-01-04 15:56 | Report Abuse

total dead .... no hope

Posted by CUTLOST > 2021-01-04 16:03 | Report Abuse

Nice spike Rm4

Posted by chshzhd > 2021-01-04 16:21 | Report Abuse

just buy..:)

Posted by invest4tomoro > 2021-01-04 16:22 | Report Abuse

better wait at 2.39 ... the exercise price for call warrant kossan C5 expiring on Jan 15 this month.