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 STOCK MARKET DISCUSSION V150

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Boon3
post Aug 6 2020, 01:31 PM

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QUOTE(anakMY @ Aug 6 2020, 01:29 PM)
it seems it flying towards heaven.
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laugh.gif .... if I had bought at 70 sen... I would think of selling for a nice profit now lo ...

laugh.gif





Market is so bull rclxm9.gif
Boon3
post Aug 6 2020, 01:41 PM

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QUOTE(annoymous1234 @ Aug 6 2020, 12:27 PM)
what is nice??? suddenly jer
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Nice stands for NiCHE Capital ...

err.... recent profit making track record ...



user posted image

not very nice ... tongue.gif


nowadays... ppl are goreng on a lot of stocks in regardless of fundamentals...

Yes, when it is goreng pisang time, the fundamentals can just about buang la... nobody cares.... those glove makers, makes less few hundred million also ok, what.

However... when the goreng time ends .... then the fundamentals becomes important... cos you do not want to be left holding a stock or a company which is hardly making any money.

icon_rolleyes.gif
Boon3
post Aug 6 2020, 01:47 PM

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QUOTE(ben3003 @ Aug 6 2020, 01:43 PM)
fundementally strong glove stock would be harta and topglove, when they go down its time to collect.
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Harta is a good company no doubt BUT for many, the company is seriously way overvalued.

remember .... try not to fall in love with any stock.
Boon3
post Aug 6 2020, 01:48 PM

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QUOTE(anakMY @ Aug 6 2020, 01:46 PM)
user posted image

user posted image

nobody cares
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Yes lo ... the world largest condom maker that is struggling to make money selling condom
Boon3
post Aug 6 2020, 01:57 PM

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QUOTE(silverwave @ Aug 6 2020, 01:50 PM)
Could the same be said for SuperMx since the price increased a lot too?  biggrin.gif

If yes, another drop will happen next week
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maybe .... who knows ...... cool2.gif
Boon3
post Aug 6 2020, 01:59 PM

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QUOTE(HereToLearn @ Aug 6 2020, 01:56 PM)
If profit is way better than the required 876m. BUY! Else, good luck on your trading.
Might still go higher, people are not following fundamentals, just blindly following guru's advise. A lot of hardcore glove lovers will continue support the prices. The only 2 major dives will be
1. After Sept30 when moratorium ends
2. Next year, when IDSS is lifted. If the dive is not deep enough after Sept 30
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where are you guys getting that 876 million number la....

that number looks so absurd to me la... wink.gif
Boon3
post Aug 6 2020, 02:17 PM

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QUOTE(HereToLearn @ Aug 6 2020, 02:15 PM)
https://www.theedgemarkets.com/article/how-...d-sustain-rally
Sorry i rmb wrongly it is 866m not 876m, I am dealing with too many numbers in my head.
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That's TopGun sweat.gif
QUOTE
A back of envelope calculation, on a simple average, Top Glove would need to achieve RM866 million in net profit in the quarter ending Aug 31 - a 149% jump from the preceding quarter to meet market expectations.

Boon3
post Aug 6 2020, 02:21 PM

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QUOTE(AVFAN @ Aug 6 2020, 02:19 PM)
if topgun can make 350mil last qtr, 800 for following qtr is possible.

not superman la... this one, 180-200 think can la...obm, incr asp, incr, incr.... laugh.gif
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ikr



tongue.gif
Boon3
post Aug 6 2020, 02:22 PM

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but then... they can always twist like what they did for Harta laugh.gif
Boon3
post Aug 6 2020, 02:36 PM

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QUOTE(HereToLearn @ Aug 6 2020, 02:23 PM)
Net profit after tax/Q required for market consensus PE of 25:

Topglov - 866m
Supermx - 312m
Harta - 476 m (actual 217m), underperformed by 54%, PE = 76 (as of RM19.82)
Comfort - 151 m
Carepls - 87.92 m
Ruberex - 18.8 m
Kossan - 243.5 m

Source: https://www.theedgemarkets.com/article/how-...d-sustain-rally

Please help me update this list on Monday. If above the requirements, they will be considered as undervalued, and we all should buy too.
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laugh.gif

not truly accurate lo ... cos I was reading couple of reports on Harta, they used 5 year average pe mean , which meant that they were using 41-43x pe multiples. Yeah, this of course is debatable but this is what's used and apparently, this is an accepted practice in the industry rolleyes.gif

From what I recall, SuperMan estimates were above 400m

and the Target Prices are based on next year numbers. So technically, whatever and whoever reports what numbers, can easily be discounted.... debatable but it is what it is ...... so when Harta reported its numbers... yeah... it's only about 14 of its estimates IF you compare to what they are estimating for its future earnings... blah blah blah........

TopGun .... last i recall...the numbers were in 8xx million ....


it's a rclxub.gif rclxub.gif rclxub.gif if you were to use these stuff as your GUIDE on what's buyable and what's not ...... laugh.gif
Boon3
post Aug 8 2020, 05:47 PM

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QUOTE(AVFAN @ Aug 8 2020, 05:05 PM)
riverstone is now the star glove jewel in SGX.

UOBKH just raised TP to sgd6.00.

stellar news all round.
https://research.sginvestors.io/2020/08/riv...-08-07.html?m=1
*
UoB known to be cowboi scientists...

The finer points... sounding like the case of harta tongue.gif

Can spot?
Boon3
post Aug 8 2020, 06:44 PM

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QUOTE(AVFAN @ Aug 8 2020, 05:56 PM)
ya, we know...

all these high TP's are driven by ASP... incr, incr... 10% pm. so, 30% per qtr. biggrin.gif

well, if harta PAT rm221 can push price to >rm20, riverstone's 2H PAT can get it to sgd6... i hv faith. tongue.gif

come 2021, dunno la...

anyway, i have taken some profit on this one, holding the rest until next QR, see what happens.

stock markets dun always come out the way we think they wud!! laugh.gif
hey, u should get back into action la... will be more fun with u!! thumbup.gif
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I saw differently.... tongue.gif

Harta came in 14% below...
Riverstone numbers were only 33%

Both cases.. doesn't matter (*ahem*)
cos the tps are based on 21 numbers...

and despite bring below..
The 21 estimates for both were jacked up...

LOL. I guess this the gold standard norm laugh.gif

.. and UoB being UoB... jacked the 21 profit estimates by 83%

...sudah win liao biggrin.gif


should be same soon for.... **'****

This post has been edited by Boon3: Aug 8 2020, 06:45 PM
Boon3
post Aug 11 2020, 03:12 PM

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QUOTE(e_mc_square @ Aug 11 2020, 02:41 PM)
This is where one needs to refer to the stock chart.

On 20th July the stock was only 14 sen.
What's the price today?

The chart suggests that whatever good news has all been goreng cow cow ......
Boon3
post Aug 11 2020, 09:09 PM

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QUOTE(AVFAN @ Aug 11 2020, 09:07 PM)
actually, all glovemakers are making good money now.

the problem is 2nd liners tend to get overbought quickly to unreasonably high prices given their earnings and no. of shares.

more quickly than the big4 which have more room to move - expansion, pricing, markets, spot capacity, spot prices.

e.g. UG healthcare, seremban based, listed on SGX... QR just came out.

PAT ten fold... but price has been pushed so high... SGD3.37 or RM10.
https://www.theedgesingapore.com/capital/re...e-growth-volume

ran up good today... but i see it falling tmr as it has reached its current full potential.

such a small outfit cannot do much in terms of production, pricing, markets.

i will keep to the big4 and not harbor wild dreams about fast huat-huat with small and less reliable counters!

more so if u think this way... if the big4 fall, the rest will fall 10x faster!
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Big 2 enough la tongue.gif
Boon3
post Aug 14 2020, 12:49 PM

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QUOTE(RoxyMunky @ Aug 14 2020, 12:22 PM)
wow... nice insight sharing.

means still got hope for GOLD

thanks man.
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keep this bookmark ....

https://goldprice.org/live-gold-price.html

ps... the least you can do is explore that website
Boon3
post Aug 14 2020, 01:28 PM

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QUOTE(ipat88 @ Aug 14 2020, 01:01 PM)
i agree with kyy, the only stock worth to buy right now is top glove. my suggestion is to sell all your holdings except glove stocks unless u r long term trader kind of person. i think the rest/other sector stocks will stagnant at least until end of year with exception to some of tech n semiconductor company.

moratorium almost end. it will have an impact on small goreng glove stocks. i notice most of the people on stock market in the past months using their extra cash from their moratorium loan and their personal saving to invest in stock market. when moratorium end, the market will dip some more..

according to rakuten trade, half of their total activated account(50-60k) opened in just four-five months ago. i believe most of them r ikan bilis like myself, which i think the reason why they dont bother to upgrade their server even after so many complain because they dont know whether these customer will still active after the moratorium end.

so my safe bet stock right now is top glove.
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laugh.gif

Good way of reasoning but there is absolutely no need to tumpang his name here.... not everyone is a fan... some actually thinks very lowly of him.

icon_rolleyes.gif
Boon3
post Aug 14 2020, 01:37 PM

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QUOTE(kembayang @ Aug 14 2020, 01:36 PM)
Couldn't be the case like bad GDP numbers factored in since last Friday?
Well, will know during afternoon...
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The GDP numbers that bad meh?
Boon3
post Aug 15 2020, 05:19 PM

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QUOTE(bronkos @ Aug 15 2020, 04:52 PM)
Well I was hoping TG could rise one last time coz I bought it at 25.  sweat.gif
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That's why you post kyy link huh?

But please be considerate la... many of us is sick to death of the old fart and his selfish promotion of his own stocks la... Rich old man still needs to resort such low low class tactics meh?

He tak malu one ah?

His last actions laugh die me la and a lot of others too...

Give blah blah blah ayam write, say Superman worth 24+...
But own self don't believe own self write up ( which is do damn malu) cos he quiet sell at 18+... and buy Top Glove at 25+

Lol... Then the market teach him cow cow...
Superman moved back much higher to 24+..

Don't worry... you have the right to continue posting links to his rubbish but just to let you know... many don't see him up.

And the other downside of continuing to post i3 garbage here is that sooner or later this forum will be as corrupted, just full of nonsense...

Just my 3 sen opinion and I really hope your TopGlove recover.
Boon3
post Aug 15 2020, 06:40 PM

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QUOTE(bronkos @ Aug 15 2020, 05:54 PM)
I’m just trying to get rid of that remaining 700 units. Not much but if it drops to last year ranges I won’t sell either.

Btw, are you his past victim?
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Just because of your 700 units you had to resort to using that old man nonsense to promote TG?

Aiyoooo.... not very nice of you.

Do think about it.

And since you don't know me, you shouldn't make such insulting statement that I am a past victim.

His reasonings on Superman was utterly pathetic and I had called him out.

And you could find my old postings highlighting how pathetic his reasonings was on stocks like Mudajaya and XingQuan and many more. All of which ended up badly. It's all posted on lowyat.

Boon3
post Aug 16 2020, 11:58 AM

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QUOTE(infested_ysy @ Aug 16 2020, 11:29 AM)
a colleague of mine truly believed everything he read on i3

like, he'd see some guys mentioning "TOMORROW SURE LIMIT UP BUY NOW GAIS" on one of the counters on i3, then he'll put a couple thousands into it right away

I can imagine there are tens of thousands of newbie stock players out there just like my colleague, waiting to be burned

don't believe the price you see for all the stocks right now. it's a mass hysteria, prices propped up by clueless traders hoping to flip for a quick profit
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I do believe that in a whole, this thread is awesome... but... lately I might be wrong but I seriously sense the i3 virus spreading in here... in which, if you guys and gals do nothing about it, this thread will just end up totally corrupted...

Things...

1. Keep the losses and the winnings to own self. There's no need to brag or cry over losses here.. if this carries on... we all know what will happen. *if any 1 wants me to eloboratei i will but trying to keep this reply short *

2. Posting of rumors heard in i3..
Do we want to discuss about a rumor heard and repeated here? If we do, this lowyat thread becomes a mere extension of i3 and one day, it might just be a subforum of i3? We want this meh?

3. Kyy ayam postings..
Keep it in i3 la. We don't need it to be repeated here and if nothing is done, very soon this forum thread will be nothing but a i3 subforum. Same with OTB.

4. Keep i3 stuff where it belongs. In i3 and not here.
Lowyat stock forum seriously does not need to repeat / replicate what is mentioned in i3. Got questions? Go post there. Not in here.

Me? Say no to i3 garbage la... If anyone likes i3 so much, they should just stay there and not here....

My 3 sen ( which is not related to the 3 in i3 laugh.gif)

This post has been edited by Boon3: Aug 16 2020, 12:00 PM

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