Financial year 1st quarter reporting result from 1 april to 30 June.

Companies have different financial year cause they started up at different time.

Please correct me if I am wrong. We have a CFA analyst here right?

icemanfx doesnt understand, just want an actual professional CFA to validate it

Buyback = less dividend or no dividend? Huge buy back. Ppl goreng and dump. Tg buy back. Meaning profit dropped? One question, does Superman buy back their shares?

3% is also 3%.

TG share is traded in SGD at there.
Unless we are talking of rise in cents. In term %, all are the same.

TG in Sg 14 cents rise now is 5%.

So Malaysia should also have 5% rise, then equal to 14 cents x 3 = 42 cents.

Malaysia 5% x 8.40 rise is also about 42 cents

TG SGX suspended!

i just came off a webinar.

Riverstone is a malaysian gloves (cleanroom+healhcare gloves), about 1/3 size of supermax, 3 x comfort.
Riverstone boss said many things, some of which have already been said by TG and Harta boss - so, all of them are in agreement.

.. All capacity fully utilized, bookings until 2H2021
.. now 10bil capacity, 10.5 by dec, 12 by end 2021.
.. healthcare gloves growing very fast, margins narrowing with cleanroom gloves.
.. has 50% market share of premium cleanroom gloves.
.. clean room gloves also growing 20-30% pa, partly due to customers cannot even get low grade cleanroom gloves.
.. not worried about vaccine, sees no slowing in demand, structural shift in demand.
.. customers offering higher and higher prices to secure delivery.
.. currency hedge 50% of sales.
.. a shareholder LYK sold 2% of his shares to an institutional investor recently.
.. top 20 investors hold 90% of riverstone shares.
.. founders + mgmt hold 60% of rivestone shares.
.. price incr started big in june, all the way to dec.
.. 2Q2020, PAT rm138mil, 3Q, 4Q results will be even better.

sure it does boost overall confidence, however one views it individually.

but if they start dumping, it will have significant effect too.
do u know if EPF is buying/holding any other glove share?

i only know besides TG, they now hold 5.13% of riverstone.

have some faith in the biggest money making biz in the country.

it has crossed MA21, MA30, MA50.

if u do not place money on it, better go buy 4D or 8D.

anyone who dumped yesterday <8 already missed >5%.

TG next stop, 9.50.
my read... comfort hasn't gone bullish.

but this one, i somehow dun quite like the huge volumes everyday - as if some big shareholders main main fulltime.

riverstone is about to go all bullish... hasn't move at all today... soon, i think.

TG macd cross below signal line

Harta is very close