Posted by Matt2020 > 2020-06-14 16:09 | Report Abuse

Yesterday I (koon yew yin) had a long chat with mr khoo the ceo of ruberex about the demand and sale of gloves. He told me that like all glove manufactures, he has increased the selling price. He has no difficulty in selling because the buying orders keep coming and he has not seen the same situation in the few decades. In fact, he frequently has enquiries from new buyers which he cannot ertertain.

Posted by schadenfreude > 2020-06-14 19:20 | Report Abuse

Posted by Matt2020 > Jun 14, 2020 3:27 PM | Report Abuse

Schadenfreude read first n doing enough reading

-----------------------------------------------

if investing is really as simple as reading publications by The Edge Market or read famous blogger posts, there will be many succesful investors / traders walking around the street already.

Ask the company to show the QR result which have been due by 2 almost 2 weeks. After the result shown, it will not be too late to make the sound decision.

Posted by air01557 > 2020-06-14 19:30 | Report Abuse

Before the result is out the price will be down

Posted by Matt2020 > 2020-06-14 19:52 | Report Abuse

Schaden did u know bcmall? Why they bought bcmall? Go back to your questions do any researh before u buy stocks..ruberex's investor knew what they did

Posted by Matt2020 > 2020-06-14 20:30 | Report Abuse

https://www.cnbc.com/2020/05/14/coronavirus-who-warns-it-could-take-up-to-5-years-to-control-pandemic.html?__source=facebook%7Cmain

Posted by stockraider > 2020-06-14 21:09 | Report Abuse

In short Wtk is a screaming buy with very positive catalyst loh..!!

We invest because of Catalysts !!!

Catalyst number 1: Directors swabble and force selling now over. Now they turned into buyers of Wtk shares. Company also does share buyback support like what Calvin saw in Supermax

Catalyst number 2: Political spat with India now over and they are buying palm oil from Malaysia once again

Catalyst number 3: FDI will increase use of both wood and plywood product for building of houses, condos and factories.

Catalyst number 4: The rise of coronavirus will increase usage of marking floor tape for distance spacing. Wtk sells to Billions people on earth. This unknown product springs to life by Covid 19!!! A huge windfall surprise

Catalyst 5: It's Cash Hoard is worth 77 a share and price is only 37 sen.
Very very very safe stock unlike so many loaded with high debt

In short, Wtk has all the safety margin and great prospect going forward

And best of all the price is screaming out with Value

In a nutshell u cannot go wrong investing in WTK why ??

1. It has net cash of Rm 371m even more than topgloves
2. It has more prudent acquisition on its neighbour plantation increasing its ha size and most importantly enhancing its efficiency mah....!!
3. The palmoil price has started rising.
4. The timber price has stabilise & recovery
5. Its listed tape business under listed subsidiary CIC is doing well with covid19 social distancing.
6. Govt incentive on house buying will boost demand for plywood loh..!!
7. Most importantly the CEO of WTK has started buying a positive vote of confidence mah...!!
8. The company has been doing aggressive share buy back recently.
9. Wtk has declare a dividend of 1 sen giving a 3% pa dividend yield.
10. Its NTA is more than rm 2.00 loh....!!



Posted by stockraider > Jun 14, 2020 8:41 PM | Report Abuse X

Yes buy Wtk for its future cpo increasing output due to palm trees maturity plus increase hectarage and increase in price, and also please remember there is a palm oil mill too...which wtk can benefit efficiently too.

That means wtk benefits from increasing palm output plus increase in milling profit mah...!!

A double happiness profit for wtk mah...!!

Posted by Matt2020 > 2020-06-15 00:14 | Report Abuse

https://www.bloomberg.com/news/articles/2020-06-13/u-s-cases-up-most-in-two-weeks-washington-warns-virus-update

Posted by Matt2020 > 2020-06-15 06:19 | Report Abuse

https://www.nst.com.my/opinion/leaders/2020/06/600580/nst-leader-virus-returns-china

Posted by mf > 2020-06-15 07:54 | Report Abuse

A vaccine against COVID-19 developed by US biotech firm Moderna will enter the third and final stage of its clinical trial in July with 30,000 participants, the manufacturer has announced.

Posted by amateurJR > 2020-06-15 13:16 | Report Abuse

I wonder what will happen after releasing its qtr result on 22nd. Very funny why this company takes so long to release result.

Posted by stockraider > 2020-06-15 13:19 | Report Abuse

Instead of chasing growth like hot gloves sector...it is time we look into contraian cheap deep undervalue stocks like WTK to diversify your risk profile mah...!!

Wtk potential return may not be less than any gloves stock going forward bcos of its deep undervaluation & margin of safety mah...!!

Posted by stockraider > Jun 14, 2020 11:59 AM | Report Abuse X

WTK business is cyclical in palmoil & timber mah....!!

The safest to buy & make big monies, is when it is in cyclical low u make the purchases and it is now the recovery stage mah...!!

Your return will be very high...i may not be very surprise, if u can even beat the glove stocks return loh....!

Big profit can also be make if we take the contraian view instead of acting like herd chasing the popular stock.

We need to take a step back & act differently from the crowd mah...!!

In short, Wtk has all the safety margin and great prospect going forward

And best of all the price is screaming out with Value

Posted by High5 > 2020-06-15 14:54 | Report Abuse

Rubbrex QR when?

Posted by High5 > 2020-06-15 14:55 | Report Abuse

Rubbrex very steady....support always at RM3

Posted by High5 > 2020-06-15 15:00 | Report Abuse

Qr shud be good...past few days always stay abv rm3..hopefully will closed abv rm3 today

Posted by Invicibletrader > 2020-06-15 16:18 | Report Abuse

Heard that "someone very famous with name starting with K" already erased his posts related to rubber glooves stocks. Now, the choice is all yours.

Posted by dompeilee > 2020-06-15 17:16 | Report Abuse

Don't know how anyone can justify this stock trading above $2.50, even with the worst case scenario of virus 2nd wave...I got out finally @ $3.93 & I'm glad I did.

Posted by mf > 2020-06-15 21:12 | Report Abuse

Chinese firm Sinovac Biotech has signed an agreement with a drugmaker in Brazil to conduct the final phase of the three-part human testing of its CoronaVac vaccine, a Bloomberg report said.

Posted by tough1278 > 2020-06-16 06:48 | Report Abuse

https://klse.i3investor.com/blogs/spartan/2020-06-16-story-h1508812952-GLOVE_STOCKS_WHAT_SHOULD_I_DO_NOW_MY_ANSWER_IS.jsp

Posted by FairTalk > 2020-06-16 07:10 | Report Abuse

Wow DJI went green and gone up by 158 points.

Posted by mf > 2020-06-16 08:24 | Report Abuse

Chinese firm Sinovac Biotech’s inactivated vaccine — CoronaVac — is also set to enter phase 3 clinical trials in Brazil.

Posted by FairTalk > 2020-06-16 08:35 | Report Abuse

Will rebound.

Posted by startrader > 2020-06-16 09:20 | Report Abuse

Steady counters

Posted by FairTalk > 2020-06-16 11:39 | Report Abuse

Beautiful rebound now the price is RM3.03.

Posted by FairTalk > 2020-06-16 11:40 | Report Abuse

Up by 28 sen.

Posted by startrader > 2020-06-16 12:16 | Report Abuse

Don't read the negative comments. The more you read the more you fear and then panic sell. Panic sell = loose money. Glove counters price can go very high up and very low down. If you're stuck then just hold. Panic sell = loose money.

Posted by skyhin > 2020-06-16 13:20 | Report Abuse

Hope today 3.05.... Future DJI up 580 point.... Hope tomolo 330..... Pls gap up up n push if possible next week report qr will out

Posted by keown83 > 2020-06-16 14:46 | Report Abuse

take a closer look at current macd & rsi. chart pattern also looks very interesting. i guess end of this week or starting next week will have another round of bullish ride?

Posted by Matt2020 > 2020-06-16 15:27 | Report Abuse

Steady guys dji gap up tonight

Posted by High5 > 2020-06-16 16:01 | Report Abuse

Must close abv rm3

Posted by FairTalk > 2020-06-16 16:28 | Report Abuse

DJ Future Index Up by 352 point.

Posted by skyhin > 2020-06-16 17:30 | Report Abuse

Tomolo 3.20 at 9.00am

Posted by skyhin > 2020-06-16 17:30 | Report Abuse

2.96.. People pump alot...

Posted by High5 > 2020-06-16 21:29 | Report Abuse

Any idea when is the qr?

Posted by skyhin > 2020-06-16 22:51 | Report Abuse

By next week... Tomolo, Thurs, fri.....all.this 3 days will gap 25 sen to 35 sen until report Qr out......

Posted by skyhin > 2020-06-16 22:57 | Report Abuse

Tomolo 9.00am.open market... 3.18....than closing 3.30

Posted by FairTalk > 2020-06-17 05:48 | Report Abuse

DJ Index is Green again with very soild gain of 526 points.

Posted by skyhin > 2020-06-17 07:47 | Report Abuse

Long time dint see gap 70 sen or max 20 to 25%...... Let Rock it today

Posted by x3sphere > 2020-06-17 07:50 | Report Abuse

It’s hard for glove stocks to gap up now.

Posted by startrader > 2020-06-17 08:24 | Report Abuse

DJI is up. Hopefully all glove counter will fly today

Posted by EngineeringProfit > 2020-06-17 08:25 | Report Abuse

Ruberex will lead the uptrend

Posted by mf > 2020-06-17 08:26 | Report Abuse

Coronavirus treatment dexamethasone is a ‘good first step,’ lead researcher says

Posted by High5 > 2020-06-17 11:10 | Report Abuse

Top Glove lead the down trend...

Posted by Risa77 > 2020-06-17 11:22 | Report Abuse

Sad la..

This because the bank...

Posted by gpmy > 2020-06-17 12:24 | Report Abuse

can keep? avg price at 3.9
facepalm myself T_T

Posted by High5 > 2020-06-17 14:25 | Report Abuse

If qr is good rubberex price wil at below rm4

Posted by Learnnew > 2020-06-17 15:09 | Report Abuse

Rubber high demand, but share price declining. Why ah?

Posted by Underhand > 2020-06-17 16:13 | Report Abuse

Very disappointed with all glove stocks today

Posted by teripen > 2020-06-17 16:33 | Report Abuse

@Learnnew, there are many factors to consider. almost all glove counters are declining. factors such as people worry there might be 2nd wave of coronavirus in the US, thus the stock hitting bottom like what happened in March, almost all counters hit bottom. so they have this fear.

another factor is profit taking and cutting loss..those entered late, they cut loss and took profit after seeing its declining.

another factor is bank margin call, the force of using cash money.

i can't comment much on rubberex as im fully invested in supermax..

let's see how rubberex qr is to be able to justify the current share price.

once qr is out, i advice you to learn forward PE and EPS, it helps you to do valuation of the share price...if you're a newcomer here, those forward valuation will help you greatly....dont listen to people, but seek their opinion and verify the facts yourself..

Posted by Matt2020 > 2020-06-17 19:35 | Report Abuse

https://www.freemalaysiatoday.com/category/nation/2020/06/17/dexamethasone-has-side-effects-dont-misuse-it-says-health-dg/?utm_source=FCM&utm_medium=Push

Posted by DannyArcher > 2020-06-17 19:38 | Report Abuse

I've sold my Glove stocks and now move to Genting to recover my losses. If you cannot go to Genting, Genting comes to you. Buy Genting Bhd (3182), not GenM.

- Under Genting Bhd, they have Plantation (Top 5 biggest plantation in Malaysia), Casino, Resorts, Medicine / Life Science / Bio-Tech companies, O&G / IPP Power Generator (China, India, Indonesia...), Online Casino, Property Development, Cruise.
- Genting's PE is 4.74 only, super cheap. The cheapest in KLCI 30. Dividend yield 5%
- Genting price before CoVid-19 and MCO was RM6, now RM4.50 at the time of writing. One of the few KLCI companies that have yet to reach her previous price. 30% more to go.
- Unlike gloves, nobody 'Goreng' this stock and it is at it's lowest, the only way is up. Furthermore, how much lower can it go? Already PE4.74. Upside is bigger than downside.
- Assuming that you bought and the price drops, it doesn't hurt to hold onto it, right? It is already at the bottom, and it won't drop 50% or 100%. Genting is already at the bottom, if they go any lower, they will be kicked out of KLCI30, that is why Uncle Lim kept on pumping money to support the price.
- With 5% dividend, if you lose 5% in price, can easily recover, hold for 10 years also no worries. And when vaccine is available, price surely will go up more. Only up, no down. Nothing to lose. But gloves, once vaccine is available, you will never ever recover your money again, never.

p.s. Disclosure - I own Genting 3182 stock, does not own GenM. But if you prefer the casino stock, it is also ok. Good luck.