Posted by Mikecyc > 2020-09-11 06:07 |

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Posted by Mikecyc > 2020-09-11 06:10 |

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Posted by Mikecyc > 2020-09-11 06:12 | Report Abuse

HLT Glove Dipping Lines

1.)Refer FY20(Q1)ended March 2020 :

Revenue 8,852,000

(Loss)/Profit 3,502,000 + 39.57 %

# Note : Other operating income ( reversal of impairment) = 3,304,000 is included in Profit 3,502,000.

# Refer A14. Related party transactions ( inter segments sales? )

> Sales of glove -dipping machines ( 2,942,000) -sell more dipping machines to HLRI .. got payment ke ..

>>## FY20 Q2 ended June :

Revenue 18,003,000

(Loss)/Profit 4,024,000 + 22.35 %


2.) Refer FY19 :

Financial Year Ended 31 December

Revenue 54,155,478

(Loss)/Profit 6,095,962 +11.27 %


3.) Refer FY18 :

Financial Year Ended 31 December

Revenue 51,544,397

(Loss)/Profit (24,380,000 ) (47.3%)


4.) Refer FY17 :.

Financial Year Ended 31 December

Revenue 44,823,463

(Loss)/Profit (6,247,440 ) (13.94%)

Posted by Mikecyc > 2020-09-11 06:17 |

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Posted by menort > 2020-09-11 06:49 | Report Abuse

https://www.thetradenews.com/bursa-malaysia-rebukes-macquarie-for-market-manipulation/

Posted by menort > 2020-09-11 06:49 | Report Abuse

Macquarie got history of Market Manipulation since 2011.

Posted by Lowprofile2020 > 2020-09-11 07:10 | Report Abuse

Covid2019, good, lets be positive. I have careplus and topglove too. Nit holding much, just few as bilis. Thought will keep for long term, fd rate low,

Posted by Lowprofile2020 > 2020-09-11 07:22 | Report Abuse

Memort , ya, c ang mor, their bloody style , taking advantagd on others hard work.

Posted by Newbie318 > 2020-09-11 07:28 | Report Abuse

https://malaysiafinance.blogspot.com/2020/09/theres-company-research-downgrade-and.html?m=1

Posted by mf > 2020-09-11 07:45 |

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Posted by Taipan > 2020-09-11 08:34 | Report Abuse

https://www.sfgate.com/shopping/article/what-do-do-about-upcoming-nitrile-glove-shortage-15557731.php

The upcoming nitrile glove shortage could be way worse than the mask shortage
Gloves aren’t as widely used, but are just as essential -- and far harder to manufacture.
By Joshua Sargent Updated 2:54 pm PDT, Thursday, September 10, 2020

Posted by Taipan > 2020-09-11 08:35 | Report Abuse

ASIA August 24, 2011 4:52 PM GMT

Bursa Malaysia rebukes Macquarie for market manipulation
Bursa Malaysia has fined Australian brokerage Macquarie and two of its former heads of dealing for manipulating the price of stocks on the exchange over a period of eight months.
By None
Bursa Malaysia has fined Australian brokerage Macquarie and two of its former heads of dealing for manipulating the price of stocks on the exchange over a period of eight months.

Thomas Chin Yun Phin and Hilton Lee were fined RM25,000 (US$8,396) and RM10,000 (US$3,358) respectively, while Macquarie received a fine of RM50,000 (US$16,792). Chin has also been permanently banned from trading on Bursa Malaysia, while Lee has been banned for a period of 18 months starting 23 November 2010.

The Malaysian exchange found that Chin – who it considered to be the main perpetrator – had an arrangement with Macquarie's facilitation desk to execute trades in a way that would alter the VWAP price of a stock and fulfill clients' guaranteed VWAP trades in order to minimise the broker's losses.

In one instance detailed by Bursa Malaysia, Chin and Lee entered six separate orders comprising 500,000 shares – larger than the corresponding client order – which lowered the market VWAP and led to an adverse execution price for clients.

A statement from Bursa Malaysia said that Macquarie had not undertaken an independent verification of the details provided to the exchange and had relied solely on representations made by Chin and Lee.

It added that the sanctions imposed reflected mitigating factors, such as the reporting of some of the inflated trades to the exchange by Macquarie and the remedial steps it has taken since, which include a thorough review of its dealing activities. Ӭ

Tagged: Trading & Execution

Posted by Taipan > 2020-09-11 08:36 | Report Abuse

Macquarie research article is clearly conflict of interest. They are the first one to up target for TG to more than RM30 about two months ago. They issued a lot of call warrants in gloves stock. Now is time they try to “press down” the shares price so they can “sapu all” from retailers

Posted by Taipan > 2020-09-11 08:41 | Report Abuse

https://www.cnbc.com/2020/09/10/scientists-question-russian-vaccine-trial-data-on-unlikely-patterns.html

Posted by Flyinghorse > 2020-09-11 08:42 | Report Abuse

https://www.theedgemarkets.com/article/asia-stocks-drop-after-us-retreat-dollar

Red again today?

Posted by Lowprofile2020 > 2020-09-11 08:42 | Report Abuse

C kuai loh, always want sit down get fruits from others , thats why dont go support their goods, dont make them think they r superior then us asian.

Posted by Taipan > 2020-09-11 08:48 | Report Abuse

https://research.sginvestors.io/2020/09/top-glove-cgs-cimb-research-2020-09-08.html

Posted by Taipan > 2020-09-11 08:48 | Report Abuse

TP for TG is 9.20. Not 5.40

Posted by Newbiexxxxxxxxx > 2020-09-11 08:52 | Report Abuse

Retailers just give full suppprt

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

Has the euphoria for rubber glove makers dissipated?
Wong Ee Lin
/
theedgemarkets.com

September 03, 2020 10:30 am +

Two other research houses have meanwhile downgraded the glove sector to "neutral" from "overweight".

JF Apex Securities Bhd attributed its decision to downgrade to the deceleration of new cases of COVID-19 and the faster-than-expected development of the vaccine.

Another reason, it said, was that the momentum of rising average selling price (ASP) for gloves might not be as strong as initially thought as more companies were venturing into the medical glove business.

Also, the demand for gloves was tapering as a result of less social activities, said JF Apex in a note on Aug 27.

AmInvestment Bank on Aug 25 also downgraded the glove sector to "neutral" as the research firm believed that the valuations for glove companies under its coverage had been fully priced in.

"We think that the ASP will begin to taper off in [the first quarter of] 2021 after the expected increase in ASP until end-2020, which has been priced in. Share prices of all of the glove companies in our coverage have exceeded their target prices," said AmInvestment.

Posted by Mikecyc > 2020-09-11 09:10 |

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

RSI(14) Neutral 36.8
Stochastic(14) Oversold 1.3
Average Volume

Up n disposing ..

Posted by titan3322 > 2020-09-11 09:19 | Report Abuse

Gloves stocks oversold but the trend is still moving south so sell now when the price is still good

Posted by Mikecyc > 2020-09-11 09:20 |

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Posted by Mikecyc > 2020-09-11 09:21 |

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Posted by ycbang > 2020-09-11 09:31 | Report Abuse

miki mouse kuat bg komen.. ha ha.. macam mah cybertroopers

Posted by Mikecyc > 2020-09-11 09:35 | Report Abuse

RSI(14) Neutral 38.6
Stochastic(14) Oversold 9.6
Average Volu

Posted by Mikecyc > 2020-09-11 09:35 |

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Posted by Mikecyc > 2020-09-11 09:36 |

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Posted by kc1991 > 2020-09-11 09:42 | Report Abuse

Gogo

Posted by Mikecyc > 2020-09-11 09:43 | Report Abuse

avg cost 0.996

Posted by DChosen2 > 2020-09-11 09:43 | Report Abuse

chance to escape ..

Posted by Sales > 2020-09-11 09:57 | Report Abuse

Chance to pick, not escape.

Posted by Sales > 2020-09-11 09:57 | Report Abuse

Gloves is forever green stock.

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

time to enter?

Posted by strattegist > 2020-09-11 10:13 | Report Abuse

green

Posted by Mikecyc > 2020-09-11 10:13 | Report Abuse

oversold 10.4

Posted by Mikecyc > 2020-09-11 10:14 |

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Posted by Whoisthis > 2020-09-11 10:15 | Report Abuse

im in 106

Posted by Mikecyc > 2020-09-11 10:15 | Report Abuse

avg cost 1.025

Posted by mf > 2020-09-11 10:15 | Report Abuse

take profit

Posted by strattegist > 2020-09-11 10:32 | Report Abuse

green

Posted by Mikecyc > 2020-09-11 10:37 |

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Posted by Mikecyc > 2020-09-11 10:37 | Report Abuse

RSI(14) Neutral 41.2
Stochastic(14) Oversold 16.8

Posted by Mikecyc > 2020-09-11 10:39 |

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Posted by Mikecyc > 2020-09-11 10:39 |

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Posted by Mikecyc > 2020-09-11 10:40 |

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Posted by bulldog > 2020-09-11 10:41 |

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Posted by denzadesu > 2020-09-11 10:42 | Report Abuse

now2, bu some, buy on dip,
toglove now on rage

Posted by xuxu > 2020-09-11 10:43 | Report Abuse

hehe curi ayam dpt makan. good profit. bought yesterday 0.98