Should I average down supermax? Enter at 22.86 ,now 19.68....,

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.

There's always new people coming in when the next bubble comes.

Luckily it's the russian that announced the vaccine... If it's the american, siao liao the market will be more panic lol.

thank you for your findings on SuperMx yesterday

went ahead and did my own analysis and was surprised really...

didnt invest in Glove stocks prior to this at all so was abit scared to masuk..

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.

No. I mean does WB do the misleading way like KYY 😃
I think no right...
WB just buys what he wants and then only talk good about his shares that he bought..

You're comparing PE based on their ROE to see if the PE justify?
If PE high but ROE lower then don't buy

They turned green because they see hope in vaccines. While we go red also because we see hope in vaccines.

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 notice here always got many ppl hoping for 10am and 4pm show, DAILY, haha.

tio played by putin sial

July one drop 5+. Currently its 4+ only. I suspect one more drop is coming tomorrow. And once enough, will go back up.

They most likely will. Friday I dunno, but if they limit up 2 days in a row, then frozen on Monday. Then they dump. Do you see it happening, or Friday dump instead?

Forget Friday, make money tomorrow. Why worry about Friday dump when you cannot short in the system. Today is easy +20% to +25% for those focus on Tomei / Poh Kong alone. Tomorrow high chance further extension of +5% to +15% or higher, let see US events today.

director of rubberex have been acquired alot lately
interesting.

Newbie,

Is it good to buy TENAGA warrants ?

director of rubberex have been acquired alot lately
interesting.

Top Glove boss acquired 1mil share yesterday and another 1mil share today too. Discount too big to ignore.

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 see it happening on Friday, but will ready bullets tomorrow if they start ahead. Possibly can reach 30 for TG this time if company directors buy so much.

Normally gloves counter work in group. If 1 go up, then the rest will too.

ir rubberex go up, comfort and careplus might tumpang glamour 

Good. The higher the better. Recover all my losses.

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.

Look at Harta fly....

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.