Err...

Well... a growth speculator would be looking at Q-Q growth rate ...



from a 148% to 84% to just 12% (latest) ... is rather a bit alarming...

the growth rate is really slowing, no?

That's nice, you must have hold CSC for a long time before?
Only from news on the steel demand's increase, no thorough research nor from buzz talks, hehe

Well, you need to just look at the very, very, very basic of stock charting.

look at stocks such as CSCSteel, Mycron Steel, HiapTek etc etc etc ....


compare the prices just a few months back to now.....

playing it now.. means... you are already behind the curve...

yes... on one hand it could still go much higher......
but .... the worst case scenario... ie the risk.... what's the risk of you joining the game now?


here's the chart of CSC Steel...

now before you look into the spoiler... or you trying to guess if the stock will go higher or not...

the very basic... compare then and now... what do you see?

Glove, at least for me, is not a growth stock in 2021.
I mean last year it is a growth stock definitely. That categorization ended last year.

For this year and possibly next, it is whether the company can hold on to those profits and what % can be retained.
Next QR will still be expected to peak. The litmus test should be the Q3 and Q4 results.

And that's the very danger.....



well if 2021, is not gonna a growth year .....
then ... it's gonna be on thin ice... yes?

where ... it could easily slip into profit decline....
and then how big a decline... etc etc...


which then comes the question asked b4....

who wants to be IN a stock who is gonna make significantly less money in the future?

Since Jan

I think the fact that glove stocks would be making less profits in the future are reflected in the peak price drop from end of last year.
Then the Feb to Apr period this year was a further drop being pessimistic on the ASPs and oversupply.

Currently, I think the consensus is that the billion ringgit quarters does not look sustainable and the price was already adjusted for it.
My horizon is probably end of the year if things go well. If things goes south, who knows my CL point might trigger by end of this week and I go back to my plain potato stocks.

The way Supermax is going into this QR with such high expectation is not really a welcoming sight for the prices.

I hope Harta tempered that expectation abit.

I prefer set the bar low and over achieved it for better effect on share prices.

looks like I will be just in time to take profit on those junior gold miner stocks before the May correction.

thank god. Phew.

By looking at the EARNINGS, EPS you are able to guestimate the dividend payable and the dividend yield. Does this figure satisfy us?

For me, I have overestimated harta capability. Take a bow and Take profit.

I didn't sell all, just sold the portion I top up during the pandemic.

Kossan earnings the other day... now that was a blowout earnings..... and the stock took off.

Supermax really needs to be above 1.3 b.... preferably 1.8 bil.

Amything else... Lol.... You will hear the curse saying again..

LOL...wanna sell, sell all la...

Remember... paper profits is just as real as paper losses

What's with steel? One day show again?

Harta PAT 1.1b

the market is saying it is below expectations, at least relative to last kossan QR.

i personally dun think it is poor, esp if u read the presentation slides talking about ASP, production, capacity, shipping obstacles, etc.

in particular, they are expecting ASP to be higher in upcoming qtr alto we know it will ease off soon after that.

anyone wanna throw stones or spit on it, pls do.

but try naming some others making 49% net margin, same 33 sen or higher per share per quarter.

other than the other big 3, that is.


i await my 17.7 sen dividend - ex date 21 may, payment 9 june!

about MCO...

Yes, it is.

Do refer the previous page reply..

So if you found the post and as you would have known, I have not in favor of the gloves sector for quite a while already and as pessimistic as I was, I was expecting Harta to hit at least 3b in yearly profit. The 1.1 billion profit, effectively gave Harta only a yearly profit of 2.88 bil in profit.

Now, not saying it is bad/lousy or what now, my exact reaction to Harta's earnings was 'It's kinda under, isn't it?'

and for the record, the pros, such as CIMB was expecting 3.44 billion profit...

see screenshot... see the table on left...



Kenanga was expecting 3.2 billion.


So ... calling the cat white because it is white.... that's all.

Lousy profits like that....according to the pros

I can see that it's spiked to ATH. I'm more inclined to think that it can't go higher, but it's derived more from feeling. Can you enlighten me what do you think from this chart?

On the side, I'm not getting into steel, just that I see it's gotten lots of attention, so wanted to learn if anyone's been planning for this and gotten any during lows, etc. Or else here many gloves chats, hehe