Posted by Taipan > 2020-12-16 10:28 | Report Abuse

https://klse.i3investor.com/m/blog/gloveharicut/2020-12-16-story-h1538...

Supermax TP RM 13.20 as at 15 Dec 2020

HLT will fly as well TP RM 3 above

Posted by Yolo1234 > 2020-12-16 10:49 | Report Abuse

oh yes taipan, agree with yr prediction. HLT still have PP at RM2.24. so at the current price, it is definitely worth to buy and keep.

Posted by stockraider > 2020-12-16 11:01 | Report Abuse

THIS IS A VERY GOOD OPPORTUNITY FOR U TO SELL YOUR GLOVES & SWITCH TO INSAS BEFORE TOO LATE LOH....!!

Posted by stockraider > Dec 16, 2020 10:54 AM | Report Abuse X

SHARP ADVANCEMENT IN INSAS SHARE PRICE COMING LOH...!!

Raider says let be practical mah...!!

If OCBC mark to market losses at SGD 8.42 as at 30-9-2020, now as at 16 December 2020 SGD 10.19, there will be a big write back of a few million back to the profit coming 31-12 2020 mah...!!

In other words Raider see a potential write back of more than rm 30m in the 2nd qtr 31-12-2020, that will basically improve the investment division profit mah...!!

This together with sengenic disposal, Insas will report more than Rm 70 million profit in December qtr loh....!!

Very sharep improvement in insas share price coming loh...!!

Sslee The investment holding & trading segment suffered a pre-tax loss of RM49.2 million due to unrealised mark to market losses of financial assets at fair value through profit or loss and derivative financial instruments (FY 2019: pre-tax profit of RM1.5 million)

Singapore OCBC price: 28/6/2019 Sing dollar 11.40
30/6/2020: Sing dollar 9.00
30/9/2020: Sing dollar 8.42
Now Sing dollar 10+. On 31/12/2020 with window dressing most likely will be close to 11.

Posted by ooi8888 > 2020-12-16 11:46 | Report Abuse

you go to jiak sai with JP Morgan better

Posted by Noobee88 > 2020-12-16 13:45 | Report Abuse

Taipan- thanks for all the info... let’s all be positive. Mikecyc is back at it.... ignore him.
HLT is worth holding like all glove counters.

Posted by Beginner_Newbie > 2020-12-16 15:17 | Report Abuse

Lai, Lai... let’s chiong and limit up

Posted by Noobee88 > 2020-12-16 15:36 | Report Abuse

Positively up.

Posted by strattegist > 2020-12-16 17:24 | Report Abuse

closed green

Posted by strattegist > 2020-12-17 09:25 | Report Abuse

red

Posted by Taipan > 2020-12-17 09:41 | Report Abuse

https://www.scmp.com/news/world/united-states-canada/article/3114259/c...

See gloves are used in every vaccination.

Posted by strattegist > 2020-12-17 14:53 | Report Abuse

red

Posted by bigby7 > 2020-12-17 22:16 | Report Abuse

Suspecting mikecyc used to work for HLT then he got layoff and that is why keep criticize HLT.

Posted by Stockhunter88 > 2020-12-17 22:19 | Report Abuse

mickey still here... i respect... haha

Posted by ooi8888 > 2020-12-17 22:31 | Report Abuse

he is a paid keyboard warrior not only in here but in many forums, sell his soul for money

Posted by strattegist > 2020-12-18 19:41 | Report Abuse

closed green

Posted by Mikecyc > 2020-12-19 05:25 |

Post removed.Why?

Posted by Mikecyc > 2020-12-19 05:28 |

Post removed.Why?

Posted by Mikecyc > 2020-12-19 05:29 |

Post removed.Why?

Posted by Mikecyc > 2020-12-19 05:30 |

Post removed.Why?

Posted by mf > 2020-12-19 21:06 | Report Abuse

Dow Jones 30,179.051 -124.32 0.41%
Nasdaq 12,755.64 -9.107 0.07%

Posted by mf > 2020-12-19 21:06 | Report Abuse

Exercise of Warrants - 216,000 shares at 0.200.

Posted by Taipan > 2020-12-21 13:27 | Report Abuse

https://klse.i3investor.com/m/blog/Newroc/2020-12-21-story-h1538313735...

There is a lot of un-substantiated fear that glove supply, based on the announced capacity expansions, will exceed demand from 2021 onwards. No one has offered any figures, calculations, or rational explanation why this will be so. A lot of the projections and reports given by analysts are based on pluck-from-the-air estimates and gut feel assumptions.

In this paper, the writer has diligently adhered to information and figures from authoritative sources, such as the Big Four manufacturers and MARGMA. And there is no oversupply up to 2023 and possibly beyond that. Reports of oversupply of gloves, without concrete evidence, is just fear mongering and fake news.

Posted by Noobee88 > 2020-12-21 21:01 | Report Abuse

It will go up soon... patience!

Posted by Sesuke > 2020-12-21 21:48 | Report Abuse

Below 1 ringgot..boleh sapu kaw kaw..
Let market pressdown the price

Posted by ProsperousRealm > 2020-12-22 06:46 | Report Abuse

Glove bull wave 3 coming soon

Posted by ProsperousRealm > 2020-12-22 06:47 | Report Abuse

Guys getting tired of krappy bullshhitty excessively overhyped recovery theme & vaccine theme stocks with lousy fundamentals & hopeless earnings potentials

Posted by ProsperousRealm > 2020-12-22 06:47 | Report Abuse

They'll all be dumping throwing those stocks fairly soon

Posted by bigby7 > 2020-12-22 08:53 | Report Abuse

It should be up today

Posted by mf > 2020-12-22 08:55 | Report Abuse

Ministry officials on Monday conducted a raid on a glove-making factory in Kajang district, just outside Kuala Lumpur, where they found workers living in cramped, dirty shipping containers stacked behind the premises, reports by broadcaster Astro Awani and news portal Free Malaysia Today said.

A ministry spokeswoman confirmed the reports to Reuters, adding that 781 workers were employed at the factory, most of whom were migrants.

Posted by bigby7 > 2020-12-22 09:21 | Report Abuse

Glove bulls are rampaging

Posted by paktua73 > 2020-12-22 09:25 | Report Abuse

yeeehaaa..
look who is coookkingggggg...


tut tut
back to give happyyyyyyyy

Posted by paktua73 > 2020-12-22 09:31 | Report Abuse

hi everyone..
see then bye bye..
just play for duit cuti cuti panjang..



tut tut
from 1.10 then done at 1.24,1.23,1.22
bye bye

Posted by Stockisnotfun > 2020-12-22 09:43 | Report Abuse

Eh tut tut you coming back already? What's the short term tp now. Just grab tickets yesterday

Posted by StockGod > 2020-12-22 09:47 | Report Abuse

Glove still is the safest bet

Posted by kelvin17 > 2020-12-22 10:21 | Report Abuse

limit up in the making , may be new technology in the global glove manufacturing process successfully tested and will change the way company make glove in the future

Posted by Noobee88 > 2020-12-22 16:19 | Report Abuse

Limit up season is back

Posted by SaveMsiaFromPHGov > 2020-12-22 20:04 |

Post removed.Why?

Posted by Lifeunlimited > 2020-12-22 22:12 | Report Abuse

Laglove is a private owned company

Posted by izulemas > 2020-12-22 22:31 | Report Abuse

Hlt still need close limit down previously...so, have potential to up

Posted by VolatileIsMyGold > 2020-12-23 04:10 | Report Abuse

Glove bull wave 3 coming

Posted by VolatileIsMyGold > 2020-12-23 04:10 | Report Abuse

Possibly triggered by new strain of covid-19 virus found in UK, which current vaccines being developed might not be able to handle

Posted by VolatileIsMyGold > 2020-12-23 04:11 | Report Abuse

Major EU countries like France already banned flights & other travel from UK

Posted by hasnah > 2020-12-23 10:33 | Report Abuse

206 clusters have been declared ended after no new cases were reported for 28 days.They included three clusters which came to an end today, namely the Summer cluster in Penang, the Kota Kecil cluster in Johor and the Tenaga cluster in Labuan.

Posted by Lifeunlimited > 2020-12-23 19:47 | Report Abuse

KUALA LUMPUR (Dec 23): The government has no plans to impose a windfall profit levy on rubber glove manufacturers that are enjoying supernormal profits from the higher demand and selling price of rubber gloves worldwide nor to other businesses that have profited greatly due to the Covid-19 pandemic, according to the Ministry of Finance (MoF).

Deputy Finance Minister II Mohd Shahar Abdullah said introducing a windfall profit levy could give a negative perception to investors that the government is taking advantage of the supernormal profits generated by companies following the global health crisis.

“The windfall profit tax is only presently levied on the palm oil commodity based on the monthly market price threshold of crude palm oil issued by the Malaysian Palm Oil Board.

"The windfall profit tax has never been imposed on consumer finished goods or local manufactured goods such as rubber gloves because it is difficult to determine a uniform market price threshold, given that rubber glove products have different types, standards, specifications and grades according to the respective countries marketed," he said at the Dewan Negara today.

Mohd Shahar said this in response to a question from Senator Balasubramaniam Nachiappan, who wanted to know whether the government will introduce a windfall profit levy, especially to corporates that had made supernormal profits during the pandemic such as Top Glove Corp Bhd and others, that will benefit the country and society.

Mohd Shahar said although the windfall profit tax was not levied, the rubber glove manufacturing industry also contributed to the spillover effect on the national economy in terms of direct and indirect taxes, especially the companies' increasing income tax, as well as continuing to provide jobs during the Covid-19 crisis.

"Besides that, as announced in Budget 2021, major glove manufacturers will also contribute RM400 million for the purpose of combating Covid-19, including covering part of the cost of the vaccine and the cost of health equipment peripherals,” he said.

For more Parliament stories, click here.

Posted by Noobee88 > 2020-12-23 19:56 | Report Abuse

Any more good news besides that?

Posted by Silentreader88 > 2020-12-23 20:58 | Report Abuse

Today all sectors are green except healthcare alone. hopefully tomorrow is hc turn ..

Posted by jutawansenyap > 2020-12-24 14:40 | Report Abuse

I'm suspecting gloves will play short term next week.Find your good entry.big 2 for safe side TG and Spmx.
Hlt,prlexus wa,esceram wa for volatile and higher percentage profit margin.
This is buy call but entry at right time.Only for trader.

Posted by bigby7 > 2020-12-24 15:52 | Report Abuse

Macam ada bau nasi goreng.. Haha

Posted by Noobee88 > 2020-12-24 17:59 | Report Abuse

Smells good I like nasi goreng kampung !

Posted by Nick > 2020-12-25 11:09 | Report Abuse

Most country in Europe has back to lockdown