Gloves hard to hit them with windfall tax ..... coz small supermax can earn a lot while hartalega so big earning so much less than their brothers

if a % of windfall tax hit on gloves i think hartalega stock sure drop the most

Harta is >2x bigger than spmax.

Yup, that’s how we view whether a company big or not. Unless u are using different type of measuring indicator.

yes, repubs looking to maintain senate control.

democrats wun have it easy... still, a lot of wrangling... market uneasy.... but growth stocks incl TECH shud continue to move higher.

the other thing impt about biden is he has declared he will rush to combat covid19... what will he do and how much will he spend?

under reported, and 120,000 infections a day... by jan, 10% americans wud have it.
one thing... i can see two camps in the investment world now.

one keeps saying "vaccine tmr", all goes back to before, traditionals like banks,o&g, ports,airports, telcos will fly, incl this new AMINVEST forecast:
https://www.theedgemarkets.com/article/amin...budget-2021-out

the other says the world has changed... old will pass, tech and related, healthcare will be tops.

so, i think this is where the debate will keep going... until one side gives up.
harta stock price by PER is 3.5 times than of spmx - investors giving it a super-duper premium over ALL of them.

if u r insider, maybe u can verify:

harta production current = 38.1 bil pcs p.a
https://www.theedgemarkets.com/article/hart...t-global-demand

spmx 26.1 bil pcs as per their recent analyst briefing slides.

I only entered AT last Friday. Switched on my computer this morning. Instant profit. This is pure goreng stock. Kamikaze mission. 
No worries. I also sold off 1/2 of my shares in Comfort and Careplus right after lunch to lock in my profits.

But I am still holding a lot of stocks including the Big 4 glove stocks.

All the furniture stocks are on steroid. My Homeriz is up +7.43%. Alas! I only bought a very small holding.

Hevea and Latitud (which I didn't buy) are up about +13% to 14% today. All because Biden won?

A rising tide lift all boats. Trend following Michael Covel style for all furniture stocks...

Main contributor is their nitrile gloves plant will start operate either end of this month or latest early dec.

https://www.facebook.com/AlibabaTrader/phot...185698456483845
Big sharks coming to bring it fly? LOL

Once it reaches my TP, I will sell it off too. Imagine when EPF offloads all their holdings 😁

On glove, many including me, underestimate the magnitude of explosive earning due to rise in ASP and still stay elevated until now, hence we have second wave of surge on glove at that time, and analysts keep on changing TP.

I am with you on this.
Those went in early, probably will earn big during recovery, but at the same time, it could be catching falling knife if situation is not favourable.

While go in later, then earn lesser, but less risky as well.

One thing I learned through experience through 1997 AFC, 2000 dotcom bubble, 2008 GFC crisis, is that in every recovery, not every company will recover the same.
Some may troubled by debt problem, which needs massive capital injection, right issue, may dilute the effect of the recovery. Some may lose competitive edge together as well due to change of fundamental and economy shape.
eg.
last time profit 100 mil EPS 10 cents.
after massive right issue 1:1, profit indeed recover 100 mil, EPS 5 cents only.

Since share price is highly correlated to EPS, hence the dilution effect of right issue taking a toll on share price performance.

Harta -3%

Harta is well run and also quite generous i believe ? As oppose to TG which stretch productivity and efficiency to the core.

Being good to staff / good working environment does not always translate into great share performance sometime.

Too glove plan to buy back up to 10% shares, should be good news .

I mean if you are holding goreng counter then probably scare... But top 4 glove company all good fundamental and good QR.. So why are you scared?

Yes it might be red now but it doesn't mean it won't go up. Next QR profit is gonna be good as well, in fact it'll be even better.

We shall see if this is the end of glove. We have been going through the same cycle since August til now.

actually the warehouse looks empty, where is the production line?

For some inexplicable reason, I am holding on to my last 2 war chests. You can call it gambler's fallacy or whatever fancy name you want.

During the last meltdown in August, I had so much ammo. I pancut awal. Even when there was just a slight drop of about -4% to -5%, I shot arrows after arrows at the glove stocks as if there were no tomorrow.

Towards the end, I remember I ran out of ammo much too early.

Like what Cherroy said, it takes discipline to average down only when there is a drop of -10% in the stock. Average down in stages. But this is easier said than done.

So, this time I am trying to be more disciplined. Again, no right or wrong approach. To each his own.

Good luck everyone who topped up today. I mean it sincerely. I hope the glove stocks will rebound tomorrow and you will all reap the profits. 

in september TG dropped around 6.47 after QR release.... shark says thank you very much

today's drop seems never ending.. personally i kind of not want to touch healthcare anymore due to its sensitivity and volatility on news...i have been collecting TG since march-april days, the glory days of glove

billion rm profit company red everyday, loss making every year company limit up, nothing new in bursa here

Of these big 4, i only buy Smax and TG. Smax due to its future potentials - dual listing in Sg and building gloves plants in US and UK. Plus for the next few qtrs or years, their hefty profit would enable them to move ahead faster than Kossan or Harta. These cash would enable them to undertake more projects eg to build more glove plants or to diversify into other health related industries. Who knows they may go into biomedical research or become a major distributor for health products since they already have their distribution channels in the Americas and Europe. Where Smax is now is very different from few years ago, hence it will be an exciting company to follow for next few years.
TG cause it is the industry leader, hence they have more financial might to expand and leave their competitions behind eating their dust. Boss Lim is a man of vision - besides  glove manufacturing, they are now into a lot of different businesses. Products that support their glove plants fr A-Z, property, medical centre, biomedical etc.
Harta is over priced and seems to be very comfortable staying put in Malaysia with only glove as their main business.
Kossan even worst.