Ooo pharmaniaga only increased 14%. No wonder share price drop. Only 1.5 cents dividend

If wan to reap rewards from gloves, u must be confident, capable of ignoring all the noises, and most important, be patient.

I always like this quote from Buffett, very meaningful and its an absolute truth in stock market:

Lol if covid extend for 4 more years we are essentially fucked.

Not covid extend 4 more years. Read carefully. If the situation prolongs slightly, THE BUSINESS of gloves can extend bull run as many countries r stockpiling gloves.

That is why many countries r going into glove making: Vietnam, Indonesia, China, Thailand...

My outlook for 2023 is that, by then, the covid pandemic will be over.

Maybe i modify abit, Lets take Harta. Cause i plan to add them into my portfolio if price is right.

My calculation will be to take their normalized earnings post covid @ PE20 plus 3 years of super profit.

So a simple back enveloped calculation will give me as follow:

Targeted Normalized EPS: 20sen @ 20PE = RM4.00

3 Years of Super profit (RM2.40 EPS)

RM4.00 + 2.40 (Earnings) = RM6.40 <-- Target Buy price

So i guess not a factor of 10. Drop by half from now i will consider to add into as a long position 

Even at 6.40, post normalized earning it is still trading at 30X earnings which is still quite rich in terms of valuations and already consider very good for the business owners.

when u make a statement like that, u should say when it will drop and by how much.

and pls provide details/reports/research/evidence to support it.

if not, it's a like a demigod farting.

Important to find out stage of vaccine trials. Some not even phase 1 or 2, sign mou, share prices fly. Pharma, Dpharma, Ahealth, Zuellig Pharma all potential importers. Kanger, Solution, Bintai, all potential distibutors. Some more got cold chain logistics. So many counters, how to invest?

Sharing some info for Malaysia glove newcomers capacity (although just a tiny fraction of the big boys gloves, glove market still gets a bit crowded, most of these small ones wont go far)
Goocean - 2b
DGSB - 600m
GPA - 3.6b
Iconic - 3.1b
Cetech - 846m
Salcon - 3b
Vizione - 1.5b
Gets - 4.1b
Luster - 2b
Hongseng - 1.5b
AT - 2.6b
Aspen - 3.5b
Karex - 500m
Mahsing - 3.68b

I just dont want to offend anyone here.

I am pretty sure he also just shared his views only, not actually against my comments on glove sectors. We are all living harmoniously here 

Actually i wonder why raw mat supplier dont jack up their asp by 10x tho if that is the case.

Or isit they already did ?

If there are input material constraint isnt that usually bad for the manufacturer ? Unless topglove control the upstream as well.

PE 1.5k, greed knows no bound. History keeps repeating itself.
People will still sign up for quick to rich scheme no matter how ridiculous it may sound. When they join such a scheme, they should have prepared for this kind of situation.

These are the operators - a certain famous facebook page.
Stock gurus are exactly like property gurus - make money from their followers and eventually bring them to Holland (except the very 1st few early followers, who get to cut profit)

And all the analytical people who advised them not to fall for such schemes will be bashed as naysayers. 

VIVOCOM macam cannot go back up.. burning the intraday players soon

It went up to 0.880..

then drop back all the way..

From the business model of VSTECS and its latest QR. Profit is growing.

It is Malaysia’s largest distributor of ICT products such as notebooks, personal computers, software, servers, smartphones and tablets. It has over 5,000 resellers covering 40 well-known brands.

It also provides value-added product support and technical services; computer maintenance services; network implementation, system integration, Internet solutions, software support, hardware repair and maintenance, and warranty services; and management services, as well as engages in the letting of properties.

VSTECS Berhad distributes its products in the Asia Pacific, including China, Thailand, Malaysia, Singapore, Indonesia, the Philippines, Cambodia, Laos, and Myanmar.

With the current pandemic and WFH policy, hopefully the profits will continue to grow.

Current PE is 11.44.

Simply Wall Street rates it as +78.15% undervalued. OK, I think that is a bit too much. Maybe +30% upside is more accurate.

My 2 cents as usual.

No problem. Keeping my fingers crossed.

I notice that a lot of forumers here talk in general or sophisticated terms but nobody shares what he or she is buying. Eh? Why is that?

I don’t dare to touch BAT. The illicit cigarettes problem will only get worse in this weak economy. How many people can still afford to pay RM17 for a packet of cigarette?

My kopitiam view.

I’m so frustrated in my recent wrong stock picks!

Miss out on so many gems!

why did I buy serbakd!!

And WTF IS RUBEREX DIRECTORS DOING?!
TIAP TIAP HARI DUMP SHARE, WHY THEY ACT LIKE XOX?