Now still can enter bornoil?

Don't ask me liddat bro. I'm in small glove counter right now, looking to take profit quite soon

If you want to look at numbers, many others sifu here can teach you.

If you want to goreng then you just have to be FIFO as fast as you can.

bolded - makes all the sense!

carepls... difficult not to see it coming.

the thing is there are many more like that.

and those multi huge gap ups... they wun be if shorting is allowed, wud they?

i dun touch these at all... was just looking at closing prices and then the charts.

i get the shivers.

thanks for comments again.
p/s... i may post a bit more about gloves here as the other thread is getting crowded, rojak like.

more peaceful here.

Adventa? No lah.... I refuse to look at the stock.
plus... that aspion issue with TopGun....   
ok charts...

I use them a lot but it has come to a point where I make sure that I am not influenced by the charts to trade the stock...
as you know...
charts are charts...
they can be manipulated....
so if I trade .... there must exist other compelling reason for me to gamble on the stock...
I make sure I don't bet just because the chart suggests so.

make sense ah?

That's me la....

anyway, for me careplus is actually pretty straight forward ...

what do you see here?



Me?

1. Clear, clear sign of a climax top happening soon....
2. How many consecutive gap up was there? Is it 4 or 5? (anything more than 2 ... ahem... better jaga already)
3. The last gap up on the 4th.... Gap up strongly but then ... stock turned weaker....  *****
4. and if you were using bollinger bands... what do you see? over extended?

so many ways the stock is saying it wanna fart.... soon ... 

but yea .... point 3 was the nail.....

and what has happened .... it's not a surprise at all...


my 3 sen la....

Wah seemed like your predicted two tops now for the glove counters. Hahaha too bad not much instrument for you to short in Malaysia.

Excited to see how it will close today, later is a false negative 

aiyooo... don't put it like that la... it's just a simple old sign that suggests that one 'should' take profit... hence it's not really a top prediction.

maybe not so straight forward?!

carepls... today noon... a very strong hammer wor...!

maybe it will close v green!?

3. The last gap up on the 4th.... Gap up strongly but then ... stock turned weaker....  **

Have yet to see Carepls today

see that pt 3 again
well, if one had taken profit on that day.... it should be around > 5.50.
and of course today is a brand new day... ( hardly watched the market this morning ... cleaning some spider webs ... )
a new day is a new day lo...
a whole new story...

anyway those sold a couple of days ago....
what is sold is sold ....

Taking into account large amount of new registered CDS accounts for the past few months, and also coming weeks, pretty sure bursa will break record high volume again and again for the coming weeks. Goreng trend will continue. The sharks are happy too. The game goes on lol.

You? Happy or not?

still learning , didnt buy much too. Some wins some looses, very amount. Quite exciting I would say lol.

still learning , didnt buy much too. Some wins some looses, very amount. Quite exciting I would say lol.

any sifu here use Rakuten? can help me a bit? I'm new to the website.

Have yet to see Carepls today

see that pt 3 again
well, if one had taken profit on that day.... it should be around > 5.50.
and of course today is a brand new day... ( hardly watched the market this morning ... cleaning some spider webs ... )
a new day is a new day lo...
a whole new story...

anyway those sold a couple of days ago....
what is sold is sold ....

SUPERMAX 4Q2020 PROFIT SOARED 2,815.4% to RM408.3 MILLION
Own Brand Manufacturing Model and Distribution Income give rise to strong profit and
EBITDA margins
KUALA LUMPUR, MALAYSIA –10th AUGUST 2020 - Supermax Corporation Berhad (“Supermax” or
the “Group”), has today released its fourth quarter results for financial year ended 30 June 2020
(“4Q2020”), achieving its best ever quarterly financial performance since incorporation.
For 4Q2020, revenue surged to RM929.1 million increasing by 147.1% as compared to the
corresponding quarter a year ago (“4Q2019”). Profit after tax (“PAT”) soared by 2,815.4% to RM408.3
million. With this strong performance, the Group achieved industry leading EBITDA, PBT and PAT
margins of 60.4%, 55.9% and 43.9%, respectively in 4Q2020. For the full financial year ended 30 June
2020 (“FYE2020”), revenue closed at RM2.13 billion with PAT of RM535.6 million compared to
RM123.1 million in FYE2019.

The demand for gloves as a personal protective equipment has heightened as the world fights the
COVID-19 pandemic. We are seeing the emergence of new consumers and new consumption not
previously seen before prior to Covid-19. Currently, the Group is in an oversold position. The surge in
demand has resulted in a rapid rise of average selling prices (“ASPs”) since March 2020. Governments
all over the world have increased healthcare spending budgets to contain the effects of the pandemic
and in preparation of a possible second or more waves. At this point in time, the world continues to
discover of new strain of viruses and in light of these developments, the Group expects demand to
remain buoyant in 2021 and beyond.
Since the founding of Supermax, we have adopted the Own Brand Manufacturing (“OBM”) model
whereby we manufacture the products, package and market under our In-house brands. We currently
export 55% of production under our own brands via our own distribution centres and 40% through
independent distributors. The remaining 5% is for OEM production. Due to the current robust demand,
we are taking the opportunity to build new relationships with new customers and distributors in
anticipation that they will continue with repeat orders post pandemic.
Our products are sold to over 165 countries, the largest contributor being the Americas region which
contributed 51% of revenue in FYE2020. Asia/Oceania and Europe each contributed 23% to FYE2020
revenue. In terms of product segmentation, 72% is from nitrile powder free gloves, followed by 18%
from latex powder free and 7% and 3% from powdered latex and surgical gloves, respectively. In terms
of capacity expansion, we have put in place expansion plans of building total of 5 glove manufacturing
plants between now and until year 2022 with additional production capacity of 22.25 billion making
total of 48.42 billion gloves by end of year 2022. The Supermax Group would invest total capital
expenditure of RM1.3 billion for the new plants.
The highest ASPs have not been reflected this current quarter and we are optimistic that our OBM
cum distribution business model will exhibit even healthier performance in the coming quarters.
https://www.bursamalaysia.com/market_inform...?ann_id=3076130

The next quarterly report for both Superman and TopGun....

TopGun net profits per quarter

2019 Q1 81 million  2020 Q1 111 million
2019 Q2 82 million  2020 Q2 115 million
2019 Q3 125million  2020 Q3 347 million
2019 Q4 141million  2020 Q4 _________

and what's your own estimate for TopGun net profit to be?  _________

Scientist from Kenanga calling for 821 million.

This number has to be hit.
Why?
The next fiscal year, they are calling for a net profit of 3996 million.

ALL THE RECENT HIGH TP HAS ALL BEEN BASED ON SKY HIGH PROFIT ESTIMATION....

any miss, ie if TopGun reports a profit of say 700 million for the coming quarter... that would mean TopGun earnings was very lousy....
But is it really lousy?
700 million net profit by all means is actually very impressive...
but with the Char Kway Teuw goreng happening, a 700 million profit would be deemed very poor SINCE IT EXPOSES HOW WEAK THE JUSTIFICATION FOR TopGun to be trading at current prices... and it will lay case that TopGun is trading at very insane high prices...

Yes, it's kinda situpid...
but what to do...
stocks fried so high...
if the earnings do not back these scientist up..
it will expose the nonsense....
Superman net profit per quarter

2019 Q1 35 million  2020 Q1 24 million
2019 Q2 38 million  2020 Q2 30 million
2019 Q3 34 million  2020 Q3 71 million
2019 Q4 15 million  2020 Q4 _________

and again what's your own estimate for Superman net profit to be?  _________

Scientist like Ah Koon used 410 million to justify his high target price.

LOL! Can ah?

If net profit only 300 million, how? consider piss poor ah?

****

So for both stocks, it's crystal clear the market is pricing in an extremely high net profit for both stocks.
If both stocks don't hit the target, it would simply mean, it's BELOW ESTIMATES....
meaning the stocks doesn't really have a good justification to trade so high.....

That's the main risk.
On the other hand...
I have seen it happened before...
these scientists... they pandai pandai buat tak tahu....
Scientists mah...
they could do the twist and shout...
and come up with new SCIENTIFIC REASONING that the stocks could still trade higher...
LOL!
So laughable... but I have seen it happen b4...
Anyway.... good luck to all who still believe ..... 

399m for supermax is slightly below 410m of unker koon

If im not mistaken, new TP for topmen by him is RM126.

superman is impressive!

Yup. Much higher than my 300 estimation....

I had a huge chuckle cos those numbers was kinda of close to that old fart numbers...
the funny thing is... the old fart didn't even have courage on his own convictions as he sold out on Superman at ... err .... 18++?
yaloh... own self shoot out the rocket numbers but before the stock can reach his target of 24, he pandai lari kuat kuat...

this had made my day 

Anyway ..... Nah... I am not good with these type of number games...
atm ... I really don't think how I can get a speculation edge on it ....

SO meanwhile, I shall tell SuperMan I will just continue to sit in the corner and play with my spider ....