Anyone can guess it coming QR performance ? Or next few coming QR ? Price will never go back to pre-pandemic level . Look at the expansion plan , the revenue saved during this 12 months and coming another 12 months or so . A good company progress forward.
There are still many companies out there rushing to diversify to glove . Here we have a profit generating glove maker and with NOSH less than 1Bil. There is still a large room to grow.
Rina also proposed that institutions for senior citizens and PwDs managed by private entities and non-governmental organisations (NGOs) receive similar priorities to get the Covid-19 vaccine. The National Covid-19 Immunisation Programme will be carried out in phases starting from Feb 26. Prime Minister Tan Sri Muhyiddin Yassin is set to be the first recipient of the vaccine together with other frontliners.
Glove companies make huge profit . Look at Kossan QR out today .
It is up to individual investment preference . Now , if to hope for sudden limit up as how it happen mid 2020, it will only a dream. But for a year or 2 or longer term investment , if price drop to individual target level , keeping some can be good too, as it will be on a positive QR for the few coming report.
The stock's price only indicates its current value to buyers and sellers. What is the stock's intrinsic value ? It is lower or higher than the current price ? The winner is the one who can identify it correctly. To pick or to leave?
World is short of 12 billion gloves this year for vaccination Buy now and enjoy the ride Glove is not only for covid, even your wife give borth also need gloves la
dont think so.. sellers too many. if can sustain green till close is aldy good. im pretty skeptical on this counter though, speculative with full of short term traders. so im just waiting for the right price to cut. frustrated with this one, small fish trying to make little profit while the big fish sapu our hard earned money
It will just be great if it can closed above 1. 50 today. If the volume getting higher after the break it might be a good buy below 1.47. It is the same group of speculators n traders playing some of these Glove counters.
haha.. keep the spirit up. the QR will not be out until end month, in the meantime i believe this counter will be squeezed out until it dry which mean it can go lower than this.
Short sellers had covered back their positions and we can expect upward momentum coming week. Those bought high the last 3 weeks can average out now. Expect to be on green zone this afternoon. Volumes transacted increased too.
Price support between 1.38 - 1.40. MACD oversold but market sentiment not favourable for gloves makers with vaccine rollout. Top 4 { TG, Harta, Supermax and Kossan targeted by shorts} other glove counters dragged & pull lower. Just my 2 sen view
i agree with planterman. we may have tiny hope if the company posted better Qr result but if it is not as expected by investors, this may push the price even lower. This company P/E is still considerably higher relatively to other glove making companies. in the end, syndicates are the ones winning. So, Wiser11411 are you a real analyst or just to spread artificial vibes here?
TOPGLOV is a conspiracy between the owner Lim Wee Chai, together with the IBs as well as the operators to rape the entire retailers market. This in turn also drags down all the other glove counters all for whatever these conspirators are interested in.
Another conspiracy is that those authorities in charge actually allowed them! But what to do, this is Malaysia right?
Qatris, the company is a good company. It is a profitable company with potentials. If the speculators controlled the markets even the bosses of the company can't do much not to mention a professional analyst. Look at Top Glove itself Tan Sri had bought his own shares n indirectly having 34 percent stake in the Company it still nose dives. Well, those who can't hold definitely will feel the blues. I m not a speculator.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Nicolas Nelson Ong
333 posts
Posted by Nicolas Nelson Ong > 2021-02-16 12:16 | Report Abuse
London br8dge is falling down .......Gong Xi Fa Cai to all my friends