Posted by KK > 2020-08-31 22:34 | Report Abuse

OPR TO CUT BY 25 BASIS POINT FROM CURRENT 1.75% TO 1.50%?
Bank Negara Malaysia (BNM) is expected to make one final 25 basis point (bps) cut in the Overnight Policy Rate (OPR) as early as in the central bank’s next Monetary Policy Committee (MPC) meeting on Sept 10, 2020 in anticipation of an arduous economic recovery path ahead.

Bank Negara to announce opr cut again... that means more retailer money going into Bursa.

Posted by KK > 2020-08-31 22:45 | Report Abuse

https://www.channelnewsasia.com/news/world/covid-19-coronavirus-vaccine-flu-virus-vector-russia-china-13068746?cid=FBcna

Posted by SEE_Research > 2020-09-01 02:19 |

Post removed.Why?

Posted by SEE_Research > 2020-09-01 03:23 |

Post removed.Why?

Posted by lil_bun > 2020-09-01 09:11 | Report Abuse

I knew gloves will fly!

Posted by Hein78 > 2020-09-01 09:25 | Report Abuse

I just focus on this, go drink coffee.

Posted by frank74 > Aug 27, 2020 4:15 PM | Report Abuse

8.69 x 4 = 34.76
Assuming next 4 quarters can do the same
34.76 x 20 PE = RM6.95

I did the above earlier...that assumes no growth...but if there's a doubling of capacity...i don't think 30PE would be unfair...

34.76 x 25 PE = RM8.69

To keep it conservative...i won't do a 30 PE

Posted by teh_kl > 2020-09-01 16:49 | Report Abuse

boring day for this stock

Posted by stockraider > 2020-09-01 17:20 | Report Abuse

Cansino vaccine with Solution distributor coming loh...!!

Solution very steady loh...!!

Up mah...!!

Very Good loh....!!

Surewin mah...!!

Posted by Observers > 2020-09-01 18:26 | Report Abuse

Why Kossan and Supermax is red today after joining MSCI ?
Cuz its still Sunday in western world, angmo people all still sleeping or just wake up from their bed now. Tomorrow u all see, All Big 4 Gloves will shoot up like ROCKET and the small 3 Gloves will follow!!!

Posted by mayongzheng > 2020-09-01 20:50 | Report Abuse

WHY WE LOOK INTO SCOMNET ?

CASH FLOW STRONG.

MEDICAL DIVICE INDUSTRY WILL CONTINUE TO EXHIBIT GOOD GROWTH.

MARGIN INCREASE BECAUSE OF DEVICES BIZ.

ZERO BORROWING.

STRONG & RELIABLE MANAGEMENT.

FAMILY OF HSUEH HOLDED 67.67%.

TWO BIG LISTED CAMPANIES SCOMNET'S 大客户 , EDWARDS LIFE SCIENCE AND AMBU.

刚刚签下不久的另一个大客户，MERMAID MEDICAL，再大大刺激订单，FY2020-FY2021 ！
（独家分销商！）

转至主板可能性非常高！

现金高达RM50 mil ！

零负债！没贷款！

赚副预计从15%至18%！

预料2026年里，心血管设备市场规模会达USD 822 亿！！！

全球由5个主要商参与，其中一个就是SCOMNET的大客户！

FY2020 净利料RM28mil， FY2021 净利RM35 mil！

ON TRACK TO DELIVER RECORD EARNINGS WITH ACCELERATED GROWTH IN EPS OF 59% IN FY2020 & 41% IN fy2021.

STRONG GROWTH CAGR 30%!

Posted by mayongzheng > 2020-09-01 20:55 | Report Abuse

https://youtu.be/eIgQAOLapj8

Posted by Doushan > 2020-09-01 21:58 | Report Abuse

@mayongzheng go back to SCOMNET forum okay? I know what your doing your trying to push SCOMNET and hoped it has a chance to limit up twice like IQGROUP..

Posted by alvin0255 > 2020-09-01 22:46 | Report Abuse

Your boss moved to GPA adi la, tmr limit up!!

The recent renewed interest was also on news that Datuk Eddie Ong Choo Meng, who recently took control of Rubberex Corp (M) Bhd, has emerged as a front-runner to take over GPA.

Quoting sources, The Edge Malaysia weekly reported on Aug 29 that Ong is going head-to-head against data centre operator Regal Orion Sdn Bhd to take control over GPA.

https://www.theedgemarkets.com/article/gpa-21-possible-emergence-new-shareholder

Posted by alvin0255 > 2020-09-01 22:46 | Report Abuse

Sept 1 (Reuters) - Gpa Holdings Bhd <GPAH.KL>:
* PROPOSES DIVERSIFICATION OF EXISTING BUSINESS OF CO TO
INCLUDE
GLOVES BUSINESS
* GROUP INTENDS TO BUY & COMMISSION UP TO 12 DOUBLE FORMER
AUTOMATED GLOVE-DIPPING LINES IN STAGES OVER 24 MONTHS
* INTENDS COMMISSION UP TO 12 DOUBLE FORMER AUTOMATED
GLOVE-DIPPING LINES TO MANUFACTURE RUBBER GLOVES
* 12 GLOVE-DIPPING LINES EXPECTED TO YIELD PRODUCTION
CAPACITY OF
ABOUT 3.6 BILLION PIECES OF GLOVES PER ANNUM

Posted by dalpinia > 2020-09-02 17:05 | Report Abuse

MPI is the next Greatec in dealing with Tesla:

https://klse.i3investor.com/blogs/ndcg/2020-08-05-story-h1510607267-MPI_The_TESLA_And_EV_Factor_Super_Massive_Growth.jsp

Posted by Observers > 2020-09-03 00:12 | Report Abuse

https://www.worldometers.info/coronavirus/

Check the above WHO website for daily infected and death. There is no sign the covid is slowing down. US, Brazil, India all 3 countries reported above 1000 death per day for each country. Its scary

Posted by kens88 > 2020-09-03 10:12 | Report Abuse

so early blood bath

Posted by syazmat > 2020-09-03 11:46 | Report Abuse

FYI, we say goodbye to the resignations of BOD Mr. Sharifuddin Shiob as part of the co-founder of Rubberex based in Ipoh and Chairman Dato Abd Rahim. All strong men of Rubberex. Thank you for your services and we bid farewell.

TQ

Posted by syazmat > 2020-09-03 14:24 | Report Abuse

Anybody knows when is the ex date for ruberrex bonus issue. Tq

Posted by Secretsecret > 2020-09-04 01:01 | Report Abuse

After shopping for other stock, still feeling glove stock is most reliable. Vaccine? Haha dont make me laugh.

Posted by kens88 > 2020-09-04 09:21 | Report Abuse

Is this counter overvalued like harta? Keep dropping no rebound

Posted by syazmat > 2020-09-04 10:20 | Report Abuse

Alamak...down up down up. Finished! Don't die sudah. Huhu

Posted by syazmat > 2020-09-04 10:21 | Report Abuse

Again asking anyone know when ex date. Tq

Posted by kens88 > 2020-09-04 17:04 | Report Abuse

Any sifu can comment this counter? Harta in the making? Or got upside?

Posted by frank74 > 2020-09-04 18:03 | Report Abuse

kens88 - based on current Price to Earnings Ratio, Ruberex is among the most attractive...it also has capacity growth in the pipeline (end of the year). If you check my earlier postings, you will see why it is one of the more appealing Rubber gloves companies, although it is not covered as much by analysts and IBs. Flying under the radar, so to speak. Just my opinion...

Posted by frank74 > 2020-09-04 18:14 | Report Abuse

The current correction is broadbased, not only confined to rubber gloves, although the latter is hard hit due to it's huge moves over the last few months. Frankly, the glove sector is the only sector we know will be making tonnes of money the coming quarters. Best of all, it is not rocket science to try to guess their earnings...easy also because you know they are running at full capacity...the only missing element is their Average ASPs (even then, it can be estimated)...In my opinion, there's still upside...of course there will be noise on vaccines coming up to disrupt things here and there...it's up to you ! Do you believe:

1) an effective vaccine will be produced by end of this year?
2) the companies will be able to make billions of shots within the year?
3) people will trust the safety of the vaccine? Hence, will they want to be jabbed with something unproven by time and proper testing?

The choice is on each investor...

Posted by frank74 > 2020-09-04 18:17 | Report Abuse

https://www.thestar.com.my/news/world/2020/09/04/widespread-covid-vaccinations-not-expected-until-mid-2021-who-says

Posted by LiimInvest > 2020-09-04 20:03 | Report Abuse

（莫斯科4日讯）俄罗斯工业和贸易部长曼图罗夫指，该国第一款新冠肺炎疫苗，计划下月起大规模生产，并于明年开始每月生产数百万剂。

综合媒体报导，俄罗斯正研发多款疫苗，其中由莫斯科“加马列亚”流行病与微生物学研究所研发的一款疫苗，目前处于后期研发阶段，且已向当局申请注册。

曼图罗夫于当地时间周一称：“我们预计于9月开始量产，每月可生产数十万剂，最终在明年初起增至每月数百万剂”。这款疫苗属“病毒载体疫苗”，是利用其他病毒携带脱氧核糖核酸（DNA），借此引发细胞的免疫反应。



据报，上述疫苗测试是由俄罗斯直接投资基金（RDIF）所资助，其首席执行员德米特里耶夫表示，预计疫苗可于10天内完成注册，“若然成事，我们将是全球首款注册的新冠肺炎疫苗，早于美国及其他国家”。

而另一款由位于西伯利亚的国家病毒学和生物技术研究中心研发的疫苗，正进行临床测试，另有两款疫苗将于未来两个月内进行人体测试。

Posted by frank74 > 2020-09-05 09:45 | Report Abuse

https://www.channelnewsasia.com/news/world/covid-19-surgical-gloves-pp...

"As a result, customers must now wait nearly 600 days for their orders to be filled, compared with a normal delivery time of 30 to 40 days, said chief executive, Lim Wee Chai."

600 days!!!...imagine the earnings visibility...

Posted by frank74 > 2020-09-05 09:47 | Report Abuse

US hits >50k new cases...first time in 20 days...and this hasn't taken into consideration Labor day holidays on the 7th Sept. Not to mention, autumn and winter is coming...

France and Spain also reporting new highs since their lockdowns...

Posted by frank74 > 2020-09-05 09:54 | Report Abuse

Short term catalysts:

1) TG Earnings report
2) TG US customs resolution
3) Perhaps early reporting of Supermax results in October (yet to be seen)

Supermx dividends to come and Ruberex bonus issue to come

Posted by RG1972 > 2020-09-05 10:05 | Report Abuse

"We have health centres calling us every day trying to get their hands on gloves," said Sebastien Lenoble, director of Netherlands-based Shield Scientific, which markets gloves for medical, industrial and laboratory applications.

"These aren't our usual clients. They're coming to us because they're desperate to find gloves."

Posted by Jackthejeep > 2020-09-05 10:06 | Report Abuse

Desperate? In other words opportunity

Whatever anyone can create, China can create faster at half the cost

Let's face it, China has a population so big that one person one spit at you will bury you deep deep

You really think that 2 billion smart brains cannot see the opportunity in gloves?

They will flood the market with gloves, just watch

Posted by stockraider > 2020-09-05 11:33 | Report Abuse

It already coming...thats why gloves owner already selling mah...!!

Already peak demand mah..!!

Increasing capacity & intense competition mah..!!

Vaccine coming loh....!!

Selling price already started tapering loh..!!

Run when u still have some limited time to act mah..!!

Posted by freetospeak > Sep 5, 2020 11:30 AM | Report Abuse

peak demand only come when theres no need for vaccine...NOT on appearance of vaccine.

Posted by geary > 2020-09-05 15:03 | Report Abuse

Malaysia's glove makers struggle to meet booming demand
By AFP
September 5, 2020 @ 10:00am
- NSTP / FAIZ ANUAR

PARIS: With no end in sight to the coronavirus pandemic, worldwide demand for surgical gloves – as for other types of personal protective equipment – is booming, leaving manufacturers struggling to keep up.

The global PPE market – from masks, gowns and gloves, to shoes and sanitising gels – is expected to balloon from US$52 billion in 2019 to US$93 billion in 2027, according to German market data specialist, Statista.

And, like other such products that were previously predominantly the domain of specialist medical personnel, the surgical glove has become much sought after even by the general public.

US-based Allied Market Research estimates that the global disposable gloves market amounted to US$6.8 billion in 2019, and is expected to nearly triple to US$18.8 billion by 2027.

Covid-19: Malaysia's Top Glove overwhelmed by international orders
Spike in demand for rubber gloves: Top Glove to the rescue
Top Glove now Malaysia's second-biggest company
Just as worldwide shortages of masks and disinfectant gels have pushed up the prices of those products, single-use medical gloves have become increasingly difficult and costly to come by during the health crisis.

Malaysia is the world's biggest maker of rubber gloves, accounting for around 60 per cent of global exports.

And according to the Malaysian manufacturers' association MARGMA, worldwide demand is projected to rise from 296 billion in 2019 to 330 billion this year.

Given the surge, the industry is forecasting a shortage that is expected to last well into next year, MARGMA said.

Malaysian manufacturer Top Glove, which describes itself as the world's biggest producer of rubber gloves, said it is seeing orders for 11-12 billion a month, compared with 4.5 billion prior to the pandemic.

As a result, customers must now wait nearly 600 days for their orders to be filled, compared with a normal delivery time of 30-40 days, said chief executive, Lim Wee Chai.

In addition, with raw materials in short supply, production costs are also rising.

"The shortage of raw material for our nitrile gloves and the disruption to the supply or production of other material such as packaging materials due to the global lockdown, has caused an increase in the production cost," said Top Glove.

That would be passed on to customers in the form of higher prices.

While health experts argue that regular handwashing offers better protection against Covid-19 than gloves, the current boom for PPE is expected to pose another problem further down the line.

Environmental campaigners are concerned that millions of tonnes of single-use gloves will end up polluting the oceans.

- AFP.
05/09/2020 1:31 PM

Posted by Jackthejeep > 2020-09-05 15:05 | Report Abuse

Better sue these glove makers for climate change, they are causing world to end faster than covid

Posted by stockraider > 2020-09-05 15:56 |

Post removed.Why?

Posted by Choivo Capital > 2020-09-06 07:57 | Report Abuse

https://klse.i3investor.com/blogs/PilosopoCapital/2020-09-05-story-h1513345898-_CHOIVO_CAPITAL_SUPERMAX_7106_The_Greatest_Fool.jsp

Posted by Primeinvestor > 2020-09-06 08:07 | Report Abuse

super bad write up by choivo capital and stock raider got nothing to do every hour just spam hahahah

Posted by Gaussian > 2020-09-06 08:54 | Report Abuse

Choivo wants to buy cheap. Lol

Posted by stockpip > 2020-09-07 09:46 | Report Abuse

In case you guys forgot to read this about Comfort and Hartalega https://klse.i3investor.com/blogs/feliciawong/2020-09-06-story-h151334...

Posted by Louise4 > 2020-09-08 09:00 | Report Abuse

Pharma will be starting to bottle covid-19 vaccine soon.

Posted by kens88 > 2020-09-08 09:57 | Report Abuse

Red day for rubberex. Everyday drop.

Zzzzz

Posted by edyske > 2020-09-08 10:03 | Report Abuse

Compared to other glove counters, Ruberex is relatively strong. Whats the reason ?

Posted by Observers > 2020-09-08 22:06 | Report Abuse

This is so confusing...today all glove stock drop to the level on 17th August. 18th August everything rebound like crazy. With current sudden surge of covid19, will the miracle on 18th August occur again tomorrow? This is so difficult to decide for those who wants to sell and cut loss tomorrow, whether we should sell first thing in the morning or should keep? If keep but the miracles of 18th doesnt occur, we will cut loss more...

Posted by kens88 > 2020-09-09 09:22 | Report Abuse

If all cut loss how to rebound?

Posted by SalamSaham > 2020-09-09 09:28 | Report Abuse

when all bilis cut loss, IB AND ALL SHARK WILL BUY.

Posted by Matt2020 > 2020-09-09 13:07 | Report Abuse

Ready to rebound guys

Posted by Matt2020 > 2020-09-09 13:20 | Report Abuse

https://amp-cnn-com.cdn.ampproject.org/v/s/amp.cnn.com/cnn/2020/09/08/health/coronavirus-vaccine-astrazeneca-pause/index.html?amp_js_v=a3&amp_gsa=1&usqp=mq331AQFKAGwASA%3D#aoh=15996278265472&referrer=https%3A%2F%2Fwww.google.com&amp_tf=From%20%251%24s&ampshare=https%3A%2F%2Fwww.cnn.com%2F2020%2F09%2F08%2Fhealth%2Fcoronavirus-vaccine-astrazeneca-pause%2Findex.html

Posted by IbnuShaari > 2020-09-09 17:01 | Report Abuse

looks like panic selling today, why?....price range also big and today is the 6th day this counter down from 5.73 to today as low as 4.50 for RM1.23 diff. That big drop for such a strong QR result!