riverstone gloves must be much higher value/margin for semiconductor mfg use.

this morning, sgd4.20, now 4.51.... new target 5.50.

that is why better buy bursa!!

I'm surprised why isn't Bursa flying yet with all these record daily trading volumes..?

this edgemarkets poured cold water. 

https://www.theedgemarkets.com/article/how-...-stocks-bursa-0

Hmmm..... Supermax and TG prices have "frozen" for 2-3 mins already.....

queue at 21.5 lol. Don't know can get or not.

Very unlikely ._.

They didn't downgrade. Had always been RM26.70 since their last report in mid July.

Anyway I read all the analyst report that are publicly available. Sharing my conclusion:

Consensus TP is about RM30 now (I excluded Affin who TP RM46.40... kind of outlier compared to the rest).
Consensus FY20 PAT RM1.4b (TG needs to achieve RM825m in the upcoming quarter, up by 2.3x q-o-q)
Consensus FY20 PAT Margin 19% (TG needs to achieve 23.5% margin in the upcoming quarter, last quarter recorded 20.60%)

Price now is RM27.3. Upside to consensus TP of RM30 is roughly 10% profit.

Can TG achieve or beat consensus target? I'm betting yes, and here's why:

1) TG only needs to improve PAT margin by 3% - granted, it may not achieve the 40% crazy margin achieved by Supermax. But CIMB's report says that in August alone, TG's ASP grew 25% m-o-m.
2) TG needs to increase profit by 2.3x qoq - Hartalega which is heavily OEM also can record 2x jump in profit for the quarter ended June. TG OEM is between Supermax and Hartalega. Achieving 2.3x PAT growth q-o-q is believable to me.

most ppl sold glove in 28-29, and jump into small glove, gold, oil, mask, and goreng sector.
i believe TG will bring us surprise of this quarter report.
just hold tight mate.

Eih..... Pharmas now dropping rapidly.....

Y lah bursa not allow short selling? This week can earn from shorting

No. I mean does WB do the misleading way like KYY 😃
I think no right...
WB just buys what he wants and then only talk good about his shares that he bought..