Have you read what I wrote...? I did say out of 36m, 15m is one-off disposal so the core profit is RM21m. Which is very respectable given its market cap, giving them a 20x annualised P/E. TG is much more expensive currently at 50x annualised P/E. 2.5x more expensive.

If you can buy TG at 50x P/E, you can buy Carepls at 20x P/E, provided Carepls can continue to at least maintain their core profit of RM21m. RM25m will be good news. Anything more than RM30m is very good.

MACC guy has lost his magical touch?

Just joking

Bro, you can always cut loss... Dont switch from a momentum trader to along term investor in counters that cannot go for long term play...

Dont lock you money there and see it dwindling, Lock your money there without doing anything is called opportunity cost, you can use that money to make more money elsewhere (e.g. short FKLI if you think the KLCI will drop more). One of the forumers here kept promoting about opportunity cost, he is not wrong. Dont lock you money in a downtrend counter, maximize your gain investing somewhere else. Even back into FD is better than seeing you money slowly degrading

The chances of rebounding will be getting lesser and lesser when we are getting closer to the 1st loan repayment deadline (31 Oct). But I think most people will get out before 30 Sept.
Up. Still far far away from its fair value, counting it using pre-covid revenue growth and profit margin.

5 days this week.

1 day passed.

4 days more to go.

Are you ready? 

North lo. When do you see in an uptrend stock, the new low is lower than the previous low one? 

BNM meeting on 10 Sept. Anyone wanna make a guess?

Maintain?

Cut 25 bp?

Cut 50 bp?
I vote first. Cut 25bp, but hope they cut more
Cut 50bp lailai. 

Holland kek

lol its not open at the moment because of me lol .. sifu got pretty mad

but their requirement quite strict .. cannot simply comment on i3 or other plats

although no need to pay anything, but need to be active and do homework (stock analysis etc) .. if u trade u need to show receipt to proof (for high level seniors) ..

used to be part of it, no scam no nth .. the main sifu de accuracy is about 70-80% .. but i can tell u when he is accurate .. he is accurate to the point where its scary ..

how can a person gauge limit up 2 times, third day trade after freeze is to be open 1.12 - 1.25, then really open limit up twice, then third day at 1.2, then max out at 1.26?

well .. i do know he / his disciples is monitoring this forum ..
p/s: thank u sifu for giving me the chance, i guess i have to start all over again if i can

maybe this will lift gloves a tiny bit tmr...

Comfort gloves

Ann date 07-Sep-2020
Qtr 31-Jul-2020
Rev 197,952
Net Profit 42,797
QoQ 161.93%
YoY 501.42%

PAT rm43mil - excellent.

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MALAYSIA

CORPORATE

Top Glove adjusts exchange price for bonds to RM2.03 from RM6.10

Muhammed Ahmad Hamdan

/

theedgemarkets.com


September 07, 2020 18:15 pm +08

-A+A

KUALA LUMPUR (Sept 7): Top Glove Corp Bhd has adjusted the exchange price for its US$200 million guaranteed exchangeable bonds (due 2024) to RM2.03 from RM6.10 per share.

This follows the listing today of the group’s two-for-one bonus issue of 5.42 billion new shares, raising the number of issued shares to 8.13 billion from 2.71 billion.

In February 2019, Top Glove’s unit Top Glove Labuan Ltd issued the US$200 million bonds to refinance existing debt. Top Glove was the guarantor of the bonds.

The bonds, which mature on March 1, 2024, are exchangeable into ordinary shares of Top Glove.

Top Glove’s share price settled 10 sen or 1.19% lower at RM8.28 today, giving a market capitalisation of RM22.43 billion. Some 29.27 million shares were traded.

he does what he wants, u do what u want, i do what i want.

why talk about him?!

Was just about to post this, but u posted already, haha. Small company like comfort also can record 3x profit.

Half of it in bonus issuance , how to run?

Recommend BUY on D’nonce Technology Bhd with TP of RM0.88 - business riding on the booming glove sector and electrical & electronics sector. We expect to see DTB achieve record earnings in FY21 as their packaging boxes are used by major glove manufacturers.