Hmmm looking into 5G, what counters are related to this?

Extreme bearish due to moratorium fear of NPL successfully pushed the banks to super cheap valuation (at least to me). Was thinking if gloves would face the same extreme bearishness that open opportunities for value buys. IF Topglov drops to a 2023 forward PE of 5-6, it should be at about 1.7-1.9.

Current 2023 forward PE for Topglov is about 18.6. 2023 is used because earnings would have normalized in 2023 and stops dropping after that

You ask back pulak...

Ohhh I thought u have some ideas hahaha.

https://www.isaham.my/sector/5G

5g in Malaysia is delayed until 2022

Convenient bogeyman.
Easy than saying "I got my analysis wrong".

TM. Perhaps TIME.
Heard that 3G phasing out is starting next year.

This post has been edited by statikinetic: Dec 29 2020, 03:05 PM

Oh thanks bro. I am using isaham website as well but didn't notice there's a 5G specific sector.

Hm..I guess the usual players for 5G like TM, Time, Celcom, Digi and Maxis

I am looking at Inari

This post has been edited by Duckies: Dec 29 2020, 03:06 PM

The main issue is always ASP.

Nobody knows how future ASP will be post pandemic, or when covid become under control or manageable time.

An industry with profit margin of 50% which doesn't have entry barrier is like sugar that certainly attracts lot of ants, many new comers are eager to join the industry as well as massive expansion plan from existing players that may eventually normalise the ASP.
Business is always like that. Last time oil price high, all flock into O&G until now oversupply.

Mask is the example we are looking at.
Difference : Mask takes months to install production line. Gloves takes year.

But I don't expect those glove share price drops to pre-covid level.
Their share price likely to stablise at some point as they still have strong fundamental, they are not like those pure goreng penny stocks.

I guess need to look for TA in term of finding entry point, when the falling knife pattern stops.

https://www.theedgemarkets.com/article/govt...maxis-and-altel
Was awarded to Telekom Malaysia Bhd ™, Celcom Axiata Bhd, and units from Maxis Bhd and DiGi.Com Bhd have been given the 700 megahertz (MHz) band of 5G network by the Ministry of Communications and Multimedia (KKMM).

But i think it was revoked over the process done without a tender. But the best bets are maybe these guys.

What's your entry price?
The 2.70 looking stronger now in the afternoon session.

I find it very hard to imagine a 5G instrastructure project without TM being involved somehow.
In some capacity, it's always going to be there.

I was just reading this article also...

https://www.zdnet.com/google-amp/article/ne...happy-about-5g/

The reasons... sounds legit doesn't it?

Is like 5g available commercially ahead of time....


By the time.. countries like us, setup the 5g infrastructure towers and what not...the next level (is it 6g?) will be out...

Would you get into GENM now? For mid-long term. Considering that outdoor theme park slated to open next year.

inb4 Malaysia Glc + monopoly best...

The alternative would be to admit that ASP will normalized and they are catching a falling knife.

If need to choose between those two, i would go for warrant reason also if in their shoe. At least if say due to warrant still got hope it will rebound after warrant expiry.

But this is an extremely childish way of investing. Rational one would have see it objectively and perhaps trimmed down their holdings or cut loss already not placing "HOPE" on rebound based on warrant / push down price / IB manipulation and what not.

KSSC interesting

One will then blame our noises!! Lol!

If don't own glove stocks, then we shouldn't comment. And if we do, our comments are immature!

Yea but still not a very strong entry point. If want to play safe probably will see few more days. If it remains at 2.71 and above then it's time to go in.

i masuk 2.67 and 2.54

Glove counter wannabe doing well

INIX

Eh bro any reason to masuk at that price? No right or wrong, I just want to learn