None of the counter you mentioned are cigarbutt, as none of them is trading under fair value. Hardly hot stock can be cigarbutt, its exclusive to each other.

Cigarbutt are those like cheetah cooperation bhd. Where the business is down trending, and if you liquidate everything and call in all it's creditors plus cash on hand you still have more than the total current market equity value.

But yes, if wanna goreng with low downside choose stronger fundamental company. Anyway supermax is not one i would choose. Stanley and Co does not have very good reputation. In croc pond bursa, before you trade or invest always see the company directors and major shareholders.

Directors first company fundamental second.

Been looking for the past 3 hours, still didnt able to find a stock suitable to goreng. Market so volatile this week, until its become so hard to predict.

Need to cover up my potential losses in bornoil just in case shit happens

Bad news to Gold counters tomorrow..

Kind same with me.. like if I don't investment it( parking) hold long.. I will just spend it where else.. still gone.

Agree with the statement. Tg is another which is a safe bet.

bro can share ur story? what u bought that made u such huge losses? penny stocks?

Boss.. that is my whole capital dy.. lol

hehe tg and captain harta or king supermax? 

Just sharing so we all get to make more sound decisions (if anyone is invested in gloves) as not all gloves counters are the same.

Net profit after tax/Q required for market consensus PE of 25 (which does not account for other factors such as ROE%):
Topglov - 866m
Supermx (Jun 30) - 312m (actual 399m), oveperformed by 28%, PE 25x = rm30.58
Harta (Jun 30)- 476 m (actual 217m), underperformed by 54%, PE 25x = rm6.49
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

We should also include other factors such as ROE into account,
Supermx = 103.64%
Harta = 32.44%

Generally, higher ROE justifies higher PE.
E.g Nestle 5y avg ROE 95%, PE 52
However, we should not compare Nestle with gloves, as Nestle can maintain its profitability after covid. Gloves most prolly can't (with reduction in ASP after 1-2 years - with the pre-book orders filled).
Just an example to show you that if ROE is extremely high, PE can go above 25 and is still considered fairly valued.

As of 11/8/2020, SUPERMX is the best buy. Will keep you guys updated here when other gloves' QR is out.

I beg to differ with your opinion that only supermax is safe.

Supermax achieved this amazing profit margin by charging absurdly high prices to their customers and cutting off distribution agents which helped them grow.

They have to manage the relationship with their customers and middleman very carefully. People remember what you did to them in times of distress.  If Supermax does not manage this carefully they will find themselves in a tough position when the market tilts towards an oversupply situation

now sititng NICE bunglo. if cut loss 50% very pain.

In bursa, only buy counters that will likely in the news in a few months time.

should I average down my harta? lol

Just sharing so we all get to make more sound decisions (if anyone is invested in gloves) as not all gloves counters are the same.

Net profit after tax/Q required for market consensus PE of 25 (which does not account for other factors such as ROE%):
Topglov - 866m
Supermx (Jun 30) - 312m (actual 399m), oveperformed by 28%, PE 25x = rm30.58
Harta (Jun 30)- 476 m (actual 217m), underperformed by 54%, PE 25x = rm6.49
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

We should also include other factors such as ROE into account,
Supermx = 103.64%
Harta = 32.44%

Generally, higher ROE justifies higher PE.
E.g Nestle 5y avg ROE 95%, PE 52
However, we should not compare Nestle with gloves, as Nestle can maintain its profitability after covid. Gloves most prolly can't (with reduction in ASP after 1-2 years - with the pre-book orders filled).
Just an example to show you that if ROE is extremely high, PE can go above 25 and is still considered fairly valued.

As of 11/8/2020, SUPERMX is the best buy. Will keep you guys updated here when other gloves' QR is out.

question is where will investors park their money once they cash out ???

   

dont even dare enter now eventho gt some bullets

I bought some glove stocks counter  this morning for trading.

My Harta is bleeding. Holding on.

YTL REIT is performing nicely.

Just sharing so we all get to make more sound decisions (if anyone is invested in gloves) as not all gloves counters are the same.

Net profit after tax/Q required for market consensus PE of 25 (which does not account for other factors such as ROE%):
Topglov - 866m
Supermx (Jun 30) - 312m (actual 399m), oveperformed by 28%, PE 25x = rm30.58
Harta (Jun 30)- 476 m (actual 217m), underperformed by 54%, PE 25x = rm6.49
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

We should also include other factors such as ROE into account,
Supermx = 103.64%
Harta = 32.44%

Generally, higher ROE justifies higher PE.
E.g Nestle 5y avg ROE 95%, PE 52
However, we should not compare Nestle with gloves, as Nestle can maintain its profitability after covid. Gloves most prolly can't (with reduction in ASP after 1-2 years - with the pre-book orders filled).
Just an example to show you that if ROE is extremely high, PE can go above 25 and is still considered fairly valued.

As of 11/8/2020, SUPERMX is the best buy. Will keep you guys updated here when other gloves' QR is out.

is RM 25 good entry point for TG today?

Free fall for the glove counters.

I am going in all out on a suicide mission.

Just sharing so we all get to make more sound decisions (if anyone is invested in gloves) as not all gloves counters are the same.

Net profit after tax/Q required for market consensus PE of 25 (which does not account for other factors such as ROE%):
Topglov - 866m
Supermx (Jun 30) - 312m (actual 399m), oveperformed by 28%, PE 25x = rm30.58
Harta (Jun 30)- 476 m (actual 217m), underperformed by 54%, PE 25x = rm6.49
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

We should also include other factors such as ROE into account,
Supermx = 103.64%
Harta = 32.44%

Generally, higher ROE justifies higher PE.
E.g Nestle 5y avg ROE 95%, PE 52
However, we should not compare Nestle with gloves, as Nestle can maintain its profitability after covid. Gloves most prolly can't (with reduction in ASP after 1-2 years - with the pre-book orders filled).
Just an example to show you that if ROE is extremely high, PE can go above 25 and is still considered fairly valued.

As of 11/8/2020, SUPERMX is the best buy. Will keep you guys updated here when other gloves' QR is out.

I've decided to run for HLT and Careplus. Whatever I have left.

grats man  ..your money afterall

go pump up Supermx pls bought at 18.XX, today can break back into 20 hopefully..

help me cover my tuition fees