It is difficult to value glove stocks now with PE because profit is extra-ordinary, as it is difficult to guess how the profit will grow and reduce after or when normalisation kicking in.

If normalisation kicking in with oversupply because of too many new supplies with many companies also venture in it, then smaller one will have disadvantage over the big one.

Topped up Supermax and Careplus...according to their last QRs, I feel these 2 are the most undervalued. And in my mind, there's no way they will make less next QR than the last.

https://www.malaysiakini.com/news/541609

Malaysia might start following US footsteps, BNM might start buying bonds

They must have realized that retailers started pulling out funds ahead of moratorium

Mean myr will depreciate against usd, sgd, jpy, cny, etc.

Sad to see that MYR keeps getting eroded, low pay salary in MY, new properties taken up by foreigners instead of locals... Very harsh for malaysians

Impact of qe is different in every country. not all assets is immune to qe.

You cant... Malaysians cant afford it. KLCC new properties 90% uptake rate are foreigners. A lot of Malaysians who bought ended up auctioning their properties because our salary is just too low

You are certainly right, but with most Malaysians' limited power to buy properties, the HIGHLY INFLATED properties prices now are ONLY supported by foreigners. Can expect them to go south for quite some time, until the purchasing ability and the property price equilibrium normalizes.

not all assets behave the same, some response to myr depreciation more than another.

for the world economy to recover from this pandemic recession, usd need to appreciate against almost all currencies.

Comparing our property with hong kong, south korea, etc is as relevant as comparing with property in triang, gua musang, muadzam shah.

it is normal for developer or vendor to maintain price i.e. profit margin and meet buyer's demand by reducing size. as there is no shortage of land in this country, it is a matter of time, developer will launch bigger size at same price. the major issue in this country is low disposable income.
https://m.facebook.com/permalink.php?story_...30454&__tn__=-R

BTW..... about TG....
Is that good or what....? Looks like this was the cause of the shares being monotonous for last few days....?

Harga rumah dijangka turun 4.8 peratus
ISNIN, 7 SEPTEMBER 2020 @ 3:56 PM

KUALA LUMPUR: Harga rumah kediaman di Malaysia dijangka turun sehingga 4.8 peratus dalam tempoh 12 bulan akan datang disebabkan oleh pandemik COVID-19.

Indeks Hartanah Kediaman Juwai IQI, yang menjejaki jangkaan industri untuk aktiviti pasaran, sewaan dan harga hartanah bagaimanapun mendapati, harga rumah kediaman dijangka kembali meningkat kepada 10.6 peratus dalam tempoh dua tahun akan datang.

"COVID-19 dan kelembapan ekonomi mempunyai impak negatif yang signifikan terhadap unjuran industri hartanah dari segi harga kediaman untuk 12 bulan akan datang.

"Harga kediaman dijangka turun di peringkat nasional dan di setiap negeri," katanya.

Juwai IQI menjalankan tinjauan secara dalam talian dari 16 Jun dan 10 Ogos lalu membabitkan 344 ejen hartanah Malaysia.

Mengulas lanjut, firma pelaburan hartanah itu berkata, Sabah dan Perak mempunyai unjuran penurunan harga terbesar iaitu sehingga 7.4 peratus manakala Sarawak yang terendah iaitu sebanyak 2.8 peratus.

Bagaimanapun, katanya ejen hartanah melihat kekukuhan asas di pasaran dan menjangkakan pemulihan yang kukuh pada tahun 2022.

"Responden tinjauan mengunjurkan pertumbuhan harga nasional berkembang sebanyak 10.6 peratus sehingga suku ketiga tahun 2022.

"Negeri-negeri dengan unjuran pertumbuhan harga paling kukuh dalam dua tahun akan datang adalah Pulau Pinang dan Perak, dengan pertumbuhan harga masing-masing sebanyak 15.9 peratus dan 14.3 peratus.

"Kuala Lumpur dan Selangor mempunyai unjuran pertumbuhan harga terendah dalam dua tahun akan datang, namun masih pada kadar yang memberangsangkan iaitu 8.5 peratus," katanya.

https://www.bharian.com.my/node/728783/amp

Tg should be able to hit 1b easily. If below 1b, i will be really really shocked.

Small company like comfort can hit 3x and spmax can hit almost 6x. So its not far fetched to expect tg profit go up by around 4x, more so when its spot order is 30%.

Lets just see how it goes next week.

no lol

Until poorperly overhang is reduced substantially, KV poorperly price will remain suppressed, unlikely to rise anytime soon.

https://www.bloomberg.com/quote/TOPG:MK

In q3/20; revenue $1,688.32m, net income $347.90m mean opex $1,340.42m per quarter.

Assume all else equal, revenue of $2,200m will give net income $859.58m at best.

at $3,440m p.a net income and p/e ratio of 50 (half of current); share price should be $21.

Syndicate is likely to push price lower to collect before next qr.

Don't catch the falling knives. But again you will be rewarded if today is another major correction. Huge bets pay huge rewards. But high risk la. I wish you the best