Wa so many good news on glove this monday esceram will fly?

Sudah https://www.bursamalaysia.com/market_inform...?ann_id=3085597   next week take dividend 1st

9th

not sure bursa just approved yesterday. But dividend  ex date 9 Sep

so uncle kyy say he already dispose all gloves .....monday gloves crash ?

Actually there is many sector to choose from for returns.

Not necessary to focus on glove, although that is more straight forward and in your face obvious buy. So hard to push 30% for supermax, eg RM10 to RM13. Why not invest in some other counters that are easier to push.

WHO has spoken! Who are u gonna believe? Putin? Trump? Or WHO?



Glove will continue to be in demand, as a matter of fact, they are struggling to keep up!

https://www.nst.com.my/world/world/2020/09/...-booming-demand

more bullish glove news or review... CIMB on Supermax:

strong ASP, expanding mask production in canada.

"the best is yet to come"... TP rm13.50.

https://klse.i3investor.com/files/my/blog/i...9_supermx_2.jpg

limit up, i doubt it.

but i am very hopeful it will cross 10 tmr.

i prefer slow and steady to be sustainable.

seriously, i dun quite like the extreme volatility seen in recent weeks.

foreign funds exiting:
https://www.theedgemarkets.com/article/fore...-sept-13-period
https://www.freemalaysiatoday.com/category/...for-malaysians/
the last one was on 19 aug - rm25.60 or 8.53 ex-BI... not high at all.

even conservative public bank on 1 sep gave rm26.70 or 8.90.

can expect both of them to revisit v soon.

I will be thrilled enuf with half of what u hope for by end of next week!

Keep your eyes on PERMAJU (7080), gaiz. Some guy on facebook with 100k fans was seen pushing the counter today.

FYI...

new cimb TP for kossan - rm17.00.
https://klse.i3investor.com/servlets/ptres/56893.jsp

the essentials are the same - sustained/incr ASP, incr demand, minor raw materials costs incr.

last TP 16.40, 25 july.

bonus in, but price down no use....
need both 

What is the price for TG today at opening price ? Is it 5.++?

Of course. TG should be higher than Supermax wat.

very quiet morning... nothing exciting.

Hi, what happened to top glove and supermax share price?  weeks ago was above 20+. Now 8+

A bit more speculative. The company was lossmaking before Covid-19.

Carepls last quarter's profit was quite groundbreaking at 36m, although 15m of that is one-off gain from disposal. So their core profit was about 21m. If they can continue to make 21m profit every quarter, at current price their P/E is about 20x.

On the other hand, TG's latest quarter profit is 347m which if annualised, translates to a P/E of about 50x at current price.

Based on P/E alone, Carepls seems very undervalued - it means the market is betting TG's profit will continue to grow exponentially next quarter, but does not believe carepls still have room for growth.

So if you are betting that Carepls profit can grow at least 20% in the upcoming quarter to more than 25m, definitely can buy. Current price does not factor in any growth potential.