Posted by sekchuan > 2020-09-10 17:01 | Report Abuse

that's why people say the rich will get richer while the poor will become poorer....that is one example of it....manipulation by the rich and when they earned good enough, they left leaving the poor people losing severely....so pity....well the world is not always fair...

Posted by Johngenting > 2020-09-10 17:04 | Report Abuse

Glove stocks is OVER.

Posted by Johngenting > 2020-09-10 17:09 | Report Abuse

Originally was cents stock so no surprises

Posted by Silentreader88 > 2020-09-10 17:12 | Report Abuse

Not only gloves, but a lot red. no matter how Green is global index, KLCI will always RED. not safe to play in most KLCI stocks now. Just my opinion.

Posted by youtalktoomuch > 2020-09-10 17:13 | Report Abuse

haiz . sad case , really sad .

Posted by JohnnyBravo69 > 2020-09-10 17:17 |

Post removed.Why?

Posted by Gekzj > 2020-09-10 17:20 | Report Abuse

klci dropped la..

Posted by bkeong > 2020-09-10 17:22 | Report Abuse

I sold Hlt -wa at 2:30

Posted by HappyBuyer > 2020-09-10 17:22 | Report Abuse

Lol.. bleeding non stop. Covid still out there. Vaccine still not ready available in market. Still got hope

Posted by bkeong > 2020-09-10 17:24 | Report Abuse

I did tell you all becareful for gloves counter at mid of August , don’t be too optimistic, because 买菜的Aunty 都来买手套股了， this is the sign we should left the market

Posted by Stockisnotfun > 2020-09-10 17:31 | Report Abuse

Thanks for the warning. I think mostly is because of moratorium coming to end. Pasar uncle and auntie need to pay back the loan already. All cash out already.

Posted by Mone1 > 2020-09-10 18:43 | Report Abuse

Game over

Posted by strattegist > 2020-09-10 19:00 | Report Abuse

bleeding...

Posted by DepecheM > 2020-09-10 19:41 | Report Abuse

Will sapu when dust settles...all depends on Supermx and Topglov.... their CW prices were sky high... need to bring down to earth.

Posted by Lowprofile2020 > 2020-09-10 19:44 | Report Abuse

Sorry to read here for those who got burned. I think many out there affected, kan bilis cant fight, but have to pandai pandai and dont over greedy. Not rich getting rich la, even bosses of topglove careplus all their wealth vaporated due to their share cirit again.

Wish everyone a speedy recovery. Myself, Unrealised profit down to almost bottom, my careplus from 5 digits profit to red .

Posted by Mikecyc > 2020-09-10 21:04 |

Post removed.Why?

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

https://klse.i3investor.com/blogs/general/2020-09-10-story-h1513435273.jsp
[转贴] [Video:浅谈HLT GLOBAL BHD, HLT, 0188] - James的股票投资James Share Investing

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

You didn't sell at all @Lowprofile2020
 Sorry to read here for those who got burned. I think many out there affected, kan bilis cant fight, but have to pandai pandai and dont over greedy. Not rich getting rich la, even bosses of topglove careplus all their wealth vaporated due to their share cirit again.

Wish everyone a speedy recovery. Myself, Unrealised profit down to almost bottom, my careplus from 5 digits profit to red .

Posted by Mikecyc > 2020-09-10 21:17 |

Post removed.Why?

Posted by Mikecyc > 2020-09-10 21:19 | Report Abuse

Hmm .. MACD n Momentum is improved ..

Posted by Lowprofile2020 > 2020-09-10 21:21 | Report Abuse

Johngenting, was busy at work today, didnt join the panic sell. Let it be liao lor. If really go down become penny stock, bo bian d, only i bo song hlt can kalah to nonsense counter like gets and ktn.

Posted by MariYahiMariYaho > 2020-09-10 21:25 | Report Abuse

https://www.theguardian.com/commentisfree/2020/sep/10/oxford-coronavirus-vaccine-trial-covid-19-pandemic

Posted by Lowprofile2020 > 2020-09-10 21:42 | Report Abuse

麦格理研究在最新报告中，将顶级手套（TOPGLOV,7113,主板医疗保健组）的目标价，从原本的10令吉13仙大砍47%至5令吉40仙，并下调评级至“落后大市”，导致手套股涌现庞大卖压，股价跌势不止。

Stupid fool

Posted by Lowprofile2020 > 2020-09-10 21:43 | Report Abuse

@mikecyc what is that macd, i know only mcd.

Posted by Lowprofile2020 > 2020-09-10 21:54 | Report Abuse

https://www.theedgemarkets.com/article/macquarie-downgrades-top-glove-underperform-halves-target-price-earnings-could-normalise

Posted by Lowprofile2020 > 2020-09-10 21:55 | Report Abuse

https://www.theedgemarkets.com/article/macquarie-downgrades-top-glove-underperform-halves-target-price-earnings-could-normalise

Posted by Woodswater > 2020-09-10 21:55 | Report Abuse

Mikecyc Hmm .. MACD n Momentum is improved ..

Next TP please si-fool
I need ur guideline
Wakakakaka

Posted by apolloang > 2020-09-10 21:59 | Report Abuse

those who bought my 80,000 at 3.31 on aug 7th must wait until don't know when to recover.now I take that money to buy comfort.what a bargain I got cos hlt only make 7 mil while comfort make 79 mil pre tax profit.

Posted by MickeyLimitUp > 2020-09-10 22:11 | Report Abuse

https://www.theedgemarkets.com/article/top-glove-forks-out-nearly-rm100m-share-buybacks

Posted by Woodswater > 2020-09-10 22:12 | Report Abuse

steelman from 65 cts,price shot up to almost 7plus, what is the fundamental, no one asked, but hearsay,good profit,ASP on the rise, bonus issue by tg n supmx, all push glove so high ,all chase including new retailers,who have no inkling how the game is played. sharks just waiting with big bait. they dont have emotions nor pity,for who loose money. their game is simple reward their shareholders, esp fund mgrs. now all talking about margin call selling. all wake up there is no fundamentals. asp cannot sustain, and will start dropping, at 3 plus ringgit I myself buy cimb or btoto and sleep peacefully. no stress but happiness.collect dividend quarterly. wake up



apolloang those who bought my 80,000 at 3.31 on aug 7th must wait until don't know when to recover.now I take that money to buy comfort.what a bargain I got cos hlt only make 7 mil while comfort make 79 mil pre tax profit.

Spolloang, faster go comfort forum tiu 9 her naysaying ur yyk beloved stok, what her nonsrs same u bull shit here lol
Kakak sama adik
Wakakakaka

Posted by covid2019 > 2020-09-10 22:22 | Report Abuse

you guys are babies in investing....thats why u guys cannot become warren buffet....buffet only picks stocks on fundamentals that makes sense...all this while robinhooders were buying glove stock with only 1 quarterly result for all the glove company and also IB ratings.....which is to be honest- bullshit....after this...all robinhooders will be out and IBS will actually come in....remember moratorium is ending 31st sept....so relax and buy at dip...robinhooders will be out forever after this fall which is good...perfect timing...strong fundamentals, intelligent people talking and actually great value in investing unlike those days...buy now and then sel llater because of idiot investing gurus....so many shit group trying to be investing GURUS....paktua,kimsstockgroup(telegram) ,target klse(telegram and etc...all bullshit..i watched from the sidelines only...now i have put money...been doing this 10 years and counting....chill guys....mikecyc u need to really see a psychiatrist

Posted by Lowprofile2020 > 2020-09-10 22:29 | Report Abuse

Covid2019, agreed. So u just buy hlt ?

Posted by Mikecyc > 2020-09-10 22:38 |

Post removed.Why?

Posted by warrantsmaster0 > 2020-09-10 22:51 | Report Abuse

PM to join our discussion group :)

Posted by Taipan > 2020-09-10 23:48 | Report Abuse

Fact 1: 29 May 2020, research report by Macquarie, Outperform TP RM13.10.

Fact 2: 25 August 2020, research report by Macquarie, Outperform 12 month target RM30.40.

Fact 3: 9 September 2020, research report by Macquarie Downgrade to TPRM5.40.

Fact 3: First two reports by Denise Soon. The downgrade report by Prem Jearajasingam.

Fact 4: Macquarie is one of the top covered warrants issuer in Malaysia.

Fact 5: Ex basis the RM30.40 would have been equaled to RM10.13. Which is to say the down grade wasn't just 10% or 20% in target price. The downgrade to RM5.40 is an astounding 46% cut in TP.

Fact 6: 46% cut in TP all in a matter of 15 days. Pray tell what were the variables that caused such a decision.

Prem Jearajasingam, the "new analyst" halved the TP on the basis that "ASP cannot sustain forever". What changed the analyst's forecast within this short 2 weeks? Did he suddenly talk to industry leaders worldwide to realise that ASP will not last forever?

Analysts/research heads have very little power as they do not bring in the big bucks. Before investors focus their ire on them, remember that. But this does not feel right. It leaves a very bad taste in our mouths. The integrity of the markets and the participants are at stake. We need answers and clarity.



THE FUNNIEST THING ... and its a big mistake by Macquarie... look at the table for projections. The first table was by on the upgrade to TPRM30.40. The estimated revenue for 2021 and 2022 were RM12.14bn and RM7.413bn respectively. Reported profit for 2021 and 2022 were RM4.646bn and RM850m respectively.

THE DOWNGRADE REPORT projected revenue for 2021 and 2022 to RM19.058bn and RM9.023bn respectively. The expected profit for 2021 and 2022 were RM10.259bn and RM2.022bn respectively.

How da-macha? The massive downgrade report had a substantive upgrade in revenue and profit. SUDDENLY the valuation parameters changed???

It is not even funny, when within 15 days one can revised the profit UPWARDS from 4.64bn to 10.259bn (+110%) ... and at the same report downgrade the TP from RM10.13 to RM5.40 (-46%).

Please explain.

Posted by wallstreetrookie > 2020-09-10 23:50 | Report Abuse

Today is Mikecyc’s wet dream. Finally HLT back to penny stock. You happy now Mike?

Posted by dlau8899 > 2020-09-10 23:55 | Report Abuse

when company continue making more profit next few quarter, the share price will rebound higher after big correction

Posted by dlau8899 > 2020-09-10 23:59 | Report Abuse

Almost research house ask for sell. It is the time to buy especially the company continue making more profit next few quarter, due they want purchase low price then will need have create some report ask for sale, then they able to buy in low price

Posted by michaelwong > 2020-09-11 00:05 | Report Abuse

Taipan totally agree with you and this provened that Macquarie IB house is without integrity and based not on facts but rile up assumptions to downgrade without taking into consideration and accounts of the company profits and revenue growth and to sustain and further extend for another 1 or 2 yrs until phase 3 trials vaccines is available globally . This thamby is simply shooting from the horse mouth without substances.

Posted by michaelwong > 2020-09-11 00:11 | Report Abuse

Everyone loss big in gloves counters around with the continuous gap down and now has reached a level below their target price and proposal for shares buy back which means the current price has bottom

Posted by covid2019 > 2020-09-11 00:12 | Report Abuse

Lowprofile2020,


Yes i am in Hlt as well, but have invested most in suoermax and Topglove.
Hlt will pick up soon too as they are the installers of these 2 big giants.

Posted by dlau8899 > 2020-09-11 00:26 | Report Abuse

Hlt are the installer for glove company, this will continue make huge profit for next few quarter, after big correction, the share price will rebound higher...

Posted by Vincent5525 > 2020-09-11 01:08 | Report Abuse

Hopefully

Posted by Mikecyc > 2020-09-11 05:44 |

Post removed.Why?

Posted by Mikecyc > 2020-09-11 05:48 | Report Abuse

HLT dipping lines ? Do you think in corporate world , upstream cutomers will award large scale business to a downstream company which upgraded to upstream business become rival ?? Really a joke loh .. just a baby investors loh ..

Posted by Mikecyc > 2020-09-11 05:52 |

Post removed.Why?

Posted by Mikecyc > 2020-09-11 05:54 |

Post removed.Why?

Posted by Mikecyc > 2020-09-11 05:55 | Report Abuse

In terms of an increase in global production, CGSCIMB in a recent report noted that China glove makers had announced aggressive expansion plans.
“Recent media reports indicate that two China glove makers, Blue Sail Medical and Intco Medical, have ambitious plans to ramp up their nitrile glove production capacity. We gather that Blue Sail aims to raise its nitrile glove production capacity to 36.1 billion by end-2023 from 4.3 billion at end-2019.

>>
“Intco plans to expand its nitrile glove capacity to 59.2 billion per annum by end-2023 from five billion at end-2019.”

Posted by Mikecyc > 2020-09-11 06:04 | Report Abuse

Referred FY20 Q2 ended June :

1.) Glove Dipping Lines :

Segment assets = 36,930,000

Segment liabilities = 33,222,000

Segment gearing ratio = 0.90


2.) Rubber Gloves :

Segment assets = 52,768,000

Segment liabilities = 20,723,000

Profit guarantees = 10,000,000

Segment gearing ratio = 0.58


Note :

1.) Gearing ratio is high with 0.9 n 0.58 , averagely is 0.74 .. Risk..

2.) If the writ of summons court case is Lost with HLA to make a minimum compensation of RM 36 million , HLA will be in bankruptcy status .

Posted by Mikecyc > 2020-09-11 06:05 | Report Abuse

Referred FY20 Q1 ended March:

1.) Glove Dipping Lines :

Segment assets = 36,301,000

Segment liabilities = 28,482,000

Segment gearing ratio = 0.785


2.) Rubber Gloves :

Segment assets = 47,007,000

Segment liabilities = 16,445,000

Profit guarantees = 10,000,000

Segment gearing ratio = 0.563

Risky ..