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 STOCK MARKET DISCUSSION V150

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andrekua2
post Nov 16 2020, 05:53 PM

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QUOTE(ryei @ Nov 16 2020, 05:28 PM)
anyone riding on the wave of vivocom? this share is really unstoppable!
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What's the story with this?

Hlebroking highlighted this at 60c before 11.11. I took a look and ignored it. In less than a week, it went up 200%. I was shocked.
andrekua2
post Nov 16 2020, 06:02 PM

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QUOTE(skty @ Nov 16 2020, 05:56 PM)
just receive news that TG factories don't need to stop operation even under EMCO.  laugh.gif
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Emco

Everyone must come office
andrekua2
post Nov 16 2020, 06:15 PM

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QUOTE(ry8128 @ Nov 16 2020, 06:09 PM)
Glove factories stop operation = less income for gov and country = economy gonna crash.

Unlikely they will stop it unless it’s really out of control. Our gov won’t kill the main income bringer during COVID period. laugh.gif
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Nah... if they care, just slap windfall... after all, these glovemakers are just hiring foreigners.
andrekua2
post Nov 16 2020, 06:17 PM

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QUOTE(immobile @ Nov 16 2020, 06:14 PM)
just curious, any difference between EMCO and MCO? tq tq
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It has lost its meaning since they altered the rules every single time.
andrekua2
post Nov 16 2020, 07:38 PM

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QUOTE(TruboXL @ Nov 16 2020, 07:13 PM)
why aa up now?
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Vaccine incoming.

Genting also rallied.
andrekua2
post Nov 17 2020, 12:51 AM

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QUOTE(nauticat99 @ Nov 16 2020, 11:11 PM)
No doubt prior to covid, harta net profit margin is much better than TG due to them being more efficient. But it is also due to the type of glove harta manufactured which is nitrile gloves giving them a better profit margin.  Harta factory if not mistaken produce either 90% or 98% nitrile gloves whereas TG and Smax have way lesser nitrile gloves production. But recent changes done to their production lines have increased the nitrile glove amount produced by TG and Smax.

On top of that, I am sure TG and Smax would also start to look into automation as part of their move to rely less on foreign labour. Look at the hassles of US CBP and the covid cases being faced by TG.

One good thing about Harta is their innovation. They were the 1st to come out with the thinnest nitrile glove, anti-microbial gloves as well as automation in their glove stripping lines. But what i foresee is all these can also be done by their competitors, leaving Harta with lesser edge in the future.
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Why do you think TG didn't do automatic stripping? Personally there's this problem of refurbishing old factories with newer lines so that it could produce more and also had more automation but it's more simple said than done. I have explained before I had indirect dealing related to Harta previously and at one point they were going to refurbish their older plants but later scraped it off and proceed with NGC. It's just not worth it.

I haven't done much glove related gears for the past 6 years after NGC. Done some for a client who did some lines for Adventa and TG back then. I would say those design used by TG, Kossan and Supermax back then would have no chance to compete with Hartalega. Their cost would be cheaper short term but in the long run, Hartalega would have better returns. Adventa is slightly better but not at Hartalega level.
andrekua2
post Nov 18 2020, 11:15 AM

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QUOTE(Vanguard 2015 @ Nov 18 2020, 10:54 AM)
I just sold off VSTEC for about +17.55% and Public Bank for about +22% (?) profit.

Let the bank counters go through the washing machine first.

I sold Hevea and Latitud yesterday. Today Hevea is +7.14% and Latitud is +1.27%.  bangwall.gif

So the moral of the story is, whatever stocks that I sell, you should buy them. Sure go up one.  dry.gif
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Hevea still not making any profits... but cheong from 50c to 70c++. I wanted to buy too at 50c but seems like whatever board they are selling are not much in demand (or too competitive) versus real furniture.

Seems like these boards manufacturers all cheong for no reason other than being part of the furniture bandwagon... hevea, evergreen, mieco
andrekua2
post Nov 18 2020, 09:05 PM

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Happy days Homeritz ending up at RM1.

I'll wait 1 more quarter to see if they can deliver. Liihen result really turbo furniture stocks.
andrekua2
post Nov 21 2020, 06:01 PM

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QUOTE(Zhik @ Nov 21 2020, 10:35 AM)
I dont understand this furniture business counters.
Cash rich, good money flow, no debt, us typhoon increase the demand while vietnam reduce output due to typhoon, and indon reduce output too due to the recent ominous law, but the price stagnant for long long time and never go up.
Why this time go up?
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LoL

Merry go round... but there's a possible good result with good profit margin due to sudden demand surge. Liihen result is very good.
andrekua2
post Nov 23 2020, 09:57 PM

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I really wonder about the news about shutting down production in stages. First of all, glove production is not like a printing machine, you stop when you want and turn back on with a flip of switch. It's a bit more complicated than that. Secondly, this is just probably something that they planned on doing but not necessary going to be done immediately.
andrekua2
post Nov 24 2020, 09:30 PM

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Damn, curse myself today. Been looking at pphb for a week but decided not to buy. Today limit up... not my luck

My reason not to buy... they refurbished 2 hotels in penang 2 years or so ago and this should impact their earnings. It was stupid.

This post has been edited by andrekua2: Nov 24 2020, 09:34 PM
andrekua2
post Nov 25 2020, 07:45 PM

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QUOTE(SGSuser @ Nov 25 2020, 06:20 PM)
teratai no cases today?

tg green tomorrow laugh.gif
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Kilang tak tutup test apa... swab gloves kah?

Chinaman boss... no care your pipit life...
andrekua2
post Nov 26 2020, 06:26 PM

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QUOTE(ry8128 @ Nov 26 2020, 06:11 PM)
- net cash company
- whole year already CONFIRM got record high profit
- no loss in previous quarters
- tick all requirement of good fundamentals

U think solid or not? laugh.gif
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Not every player is net cash.
andrekua2
post Nov 26 2020, 07:04 PM

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QUOTE(nauticat99 @ Nov 26 2020, 06:38 PM)
The more news about the efficacies of covid vaccines, the more doubt i have. In fact since Pfizer, Moderna, Sputnik and AstraZeneca news, you do not see a drop in covid cases but instead an increase in spite of all the positivity and enthusiasm being posted in the media. Sure enough, you read or hear about how this X country going to inoculate their citizens come Dec2020, maybe Jan2021, emergency approval being sought by X country for X vaccine, MOUs being signed by X country to be the first to get X vaccine or how logistic preparations are being done to transport and store this X vaccine. All for some feel good factors! Great imaginations and story telling at work!. The harsh reality is the opposite is true - no vaccine is yet to be approved by WHO, no peer reviews are done and not much data are released to date. Hence with no proven vaccines in sight, i would continue to put my capital in covid related stocks for now. Banks, O&G, logistics, hospitality, tourism plays are ok, no harm and no wrong in it, but to say that a turn around is just around the corner is a load of bollocks.
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Not yet mass production. If no government sign contract with them, why would they risk it.
andrekua2
post Nov 27 2020, 01:17 AM

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QUOTE(lowya @ Nov 26 2020, 08:52 PM)
Fintec just made 720,503,000 profit?

i almost can't believe my eyes, correct me if i got it wrong.
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I have never seen them reported like this. I had Insas for years but never seen them do this as well.

user posted image
andrekua2
post Nov 29 2020, 10:36 AM

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QUOTE(BliitzkrieG @ Nov 28 2020, 07:41 PM)
He could be silently collecting again knowing that AT will rise like Solution (from 20 cents till 1.270) once they start producing glove. Why so free wanna hantam AT when he already did
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Still the number isn't impressive from just 1 line...
andrekua2
post Nov 29 2020, 10:39 AM

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QUOTE(ben3003 @ Nov 28 2020, 12:00 PM)
bank QR result so damn good.. means no impact on bank moratorium or wat.. damn all these bank.
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No impact? Are you sure? Now government want to avoid opening the flood gates. If no impact, why need moratorium? If no moratorium, next year will be a lot of lelong for properties and cars.
andrekua2
post Dec 1 2020, 08:08 PM

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QUOTE(icemanfx @ Dec 1 2020, 08:01 PM)
Foreign workers is not cheap in this country else Japanese won't be moving their factories from China to Vietnam, Thailand and Myanmar instead of here.
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It's not like that. Imagine coming to Malaysia to pay RM3k a year for Bangla, why not just setup in Bangla...


andrekua2
post Dec 1 2020, 08:09 PM

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QUOTE(theberry @ Dec 1 2020, 08:06 PM)
Harta news coming... brows.gif
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You mean this?

user posted image

This post has been edited by andrekua2: Dec 1 2020, 08:09 PM
andrekua2
post Dec 1 2020, 08:12 PM

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QUOTE(Taikor.Taikun @ Dec 1 2020, 05:02 PM)
TG is cleared of anymore problems i think. Time to fly!!
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TG soon will be in the news again... It's almost time to shut down other factory and go for tests.

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