As Boon3 mentioned, top glove has 8.2 billion share

Anyway another nice case study to record

There is a common blind spot too about Fundamental Analysis...

All data used in Fundamental Analysis are usually PAST figures , things that already happened....Be it EPS / cash flow etc

Yes, no doubt all these data are good for analysis purpose...those figures in balance sheet can help identify company with high debt...those figures in cash flow statement can somehow see the "style" of company in managing their cash..

Just becareful, dont buy into stocks because the PAST data ask you to buy.

Just keep it simple...yes the company is doing very well in the past 5 years, BUT can the company earn more in coming years?

This is why stock market investing is interesting we do not have any single formula that can precisely predict the future earnings...

For the glove cases, roughly one can estimate based on annual production volume & ASP...the main main / concern here is the declining ASP. (eventually in the future)...which lead to decline profit..Hence i'm not sure current share price is traded how many years ahead

Chart of the day : Dialog



First start with trading range between 3.5x to 3.9x during May 2020..lasted a few months...then comes NOV QR....

shortly after that the stock broke down....and it did somehow form a rising consolidation, but with low volume...Bear flag !

Then the stock continue going down...

The heavy volume on 25th Jan...just due to ESOS

Dayang i will avoid...

due to KYY

My posting on charts sometimes different from the usual "chartist" view

Because i will see what's inside my mind

Follow Boon's chart

Ahhhh SamChem...an established regional chemical distributor...one of the "performing" counter during covid times...

I read somewhere the company lack of long-term distributorship agreements....

And also thin profit margin, probably due to the industry..

wanna chase when it break 1.6 with volume ?

WOW !

Good one !

This MI....

Yet another disappointing quarter

Lux seems under the radar for quite sometime...

mana volume

This type of drop is the most scariest one...

some chartist might say : Hey, not to worry...no heavy sell down...it's normal for stock to consolidate...just watch for heavy selling days...

And when you start to realize, it is already too late....

Update AXREIT

KWAP & EPF cashing out..

These tweezer....

sometime it is a SCAM !

Usually i dont place my bet when i see these tweezer or railway track pattern....

I prefer the chart to show me which direction the stock wants to go 1st

MI Technovation...



There is a saying.. When growth stop, you have to LEAVE !

Be extra cautious when trading high PE stocks

Both chem trending up what

That long white candle of Luxchem, on 23rd April...promising?

Unless one is optimism due to the record high Q1 revenue..

Pretty strong huh

Chart wise yea really appealing..

But too less data available, for this company..

IGBREIT's net property Income is recovering, so is their DPU..

Have to watch PAVREIT's result later today