@boon3, Yes, I do get your points and to a certain degree i also agree with you. ASP price is a tricky mechanism cos many factors contribute to it - lack of raw mat, increase in the numbers of gloves due to more players, increase demands due to increase covid cases and etc. I also do not have a crystal ball to look beyond 2021.
Current TG prices swinging like a monkey is something i look forward to cause without volatility, how to make money?. I do trade a certain percentage of my holdings but i also believe in the long term prospects of TG.
Its always a pleasure reading your writings because you put a lot of efforts and time into it. Thank you.

CW expiring soon? Haha....later boon3 come out and scold us. No other storykah!!!
Whatever, just play along with mr market.

I am very sceptical that EPF inflow can cover its outflow. Members can opt to reduce the % of their contributions, ppl got retrench or pay cut, new entrants to the labor market are getting lower pay. Plus with i-sinar schemes coming out, I seriously think EPF will need to liquidate their assets soon. A number of my frds n family are taking out their funds even though they have no immediate need for them. They find parking it in casino de bursa pays better

Top glove 1QFY2021 is going to be announced on 9th Dec. Next week Wed
https://www.topglove.com/corporate-calendar/

This post has been edited by nauticat99: Nov 30 2020, 04:15 PM

Was thinking about the onslaught of negative news hitting Tg recently, many jealous ppl not happy with glove companies making berbillion ringgit. As long as they are not automating this industry, they would be forever hit left right and center. Best to spend the moolah to make it as high tech as possible. Cut out those blood suckers middle man labour recruiters, labour shortages problems, workers hostels issues and down time due to factories closure. I believed even China now when building their glove factories would automate most of the operations. Imagine robots working 24/7/356 days.....

Every broker account you open has its own CDS numbers.

BTW today the list for KLCI supposedly out isn't it? After 5:00pm?

Well, some haven't heard of the "new normal". Today's Smax chairman shared his own experience about operations he had done prior to covid and during covid. The 1st one used 4 gloves, 2nd op used 35 gloves, a hefty 9x increased in usage of gloves. You think all these "new normal" procedures gonna go off with vaccine? If you think vaccine is a magic pill, good luck to you cause you would end up being careless. Not everyone would take the vaccine. Could be due to religious or health reasons or heck, just because!!. Vaccine also doesn't mean you are immune from getting the virus, just minimize the damage done. Vaccine doesn't prevent you from spreading the virus, hence all the PPE is still a must in hospitals, labs, hospitality industries, F&B and etc.

Latest from Mkini (sorry am not a subscriber) -The Kelantan government wants a study to carried out to ensure the Covid-19 vaccine complies with Islamic law before it can be used, said Deputy Menteri Besar Mohd Amar Nik Abdullah.

Nah! there you have it. What say you?

US death rates has been spiking in recent days, today 2,727, yesterday 2,671 and total death 279,763. No wonder they are rushing with the vaccine approvals.

smax added in
https://www.theedgemarkets.com/article/supe...-added-fbm-klci

Any of you tracking the covid cases in Brazil? Reason i asked is because there were 5 vaccines that were under going their 3rd phase of clinical trials there a few months back and data was very encouraging. From a high of 70K+ (July) to a low of <10K (Oct). But now the cases are spiking again leading me to guess the efficacies of these vaccines. Pls, i am no statistician nor a scientist, just a speculator, speculating

I also asked my family and friends who are doctors and pharmacists. All also said "not gonna be a guinea pig"

These developed Western countries also got no one to blame but themselves. It got out of hand due to their "human right" mentality. Just look at how China with its huge population is able to control the pandemic within a few months. They utilized technology, social coercion as well as a government that is authoritarian. Sacrifices had to be done for the greater goods of society- that's China mantra whereas for the westerner, everybody for himself/herself. You cannot tamper on my human rights!
Hence, i seriously doubt vaccine is going to work there cause herd immunity may not be achieved, hence rendering any vaccine ineffective.

WOW.....unker, whats your next play?. Come share share here.

still valid

Best part is all the 11 analysts have a buy call for smax with a consensus TP of 12.39
https://www.theedgemarkets.com/article/glov...lusion-supermax

I may be wrong in my speculations. I am getting very bad vibes abt AT. Looking at all those videos, it's like a teaser. Release bit by bit to show we are on the way to produce some gloves. Meantime, issue more PP and sell to the market. Sure got buyers since we already proved we've got the productions up. But they haven't install the piping at the dipping station. Ok, next we put the pipes, show some videos and release more PP. What abt other areas of productions? The oven, cooling, cleaning station and what not that's needed to produce a glove? Most legit company said it takes at least 2 years to build and commission a glove factory. So, pls be careful with this group. Many ways to skin a cat.
The number of PP released to the mkt diluting AT is my main concern. Haven't even produce 1 glove aredi has bigger NOSH than kossan and smax. By the time PPs all out, its NOSH will be even bigger than Harta.
This is not a buy/sell call. Just so you don't lose your money buying such highly speculative stocks. Operators are getting slicker nowadays, no longer MOUs will put them in the game. Must show some videos too

What to do? There are suckers born every seconds! What happened to Gets reminds me of Repco and HwaTai
https://www.theedgemarkets.com/article/fina...urney-repco-low

Here is an excerpt from https://www.theedgemarkets.com/article/cove...-super-bull-run
“Pong Teng Siew, retired head of research at Inter-Pacific Securities, believes retail investors nowadays are more sophisticated and pay attention to companies’ fundamentals. “In the 1990s, stock trading was not based on the actual information and announcements. A lot of it was based on rumours”

History repeating itself

I went to Genting a few times just before the the cmco. The casino to me was not crowded due to the SOP - only RWG members can enter, each table can sit max 4pax, the slot machine capacity reduced to 50% or maybe more, lots of retail outlets and restaurants closed and only the 1st Tower was opened in FW hotel. I believed the same SOP is going to be enforced even if Genting reopens tomorrow. If the outdoor theme park reopens this year and SOP is still in place, I have my doubts about Genm’s recovery. Weill, I will just wait and see 1st.