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AndyKoh Master	07-Oct-2020 21:54        AndyKoh About Contact  Quote this Post!
x 0   x 0  Alert Admin	I think you should dyodd.... and if you are interested in buying a counter, there are alot of resources available on the net. As for your 2nd question - that is a million-dollar question that I dont think anyone here can give you a straight answer. Wp1234      ( Date: 07-Oct-2020 18:08) Posted: Actually i am curious.. What the difference between UGhealth and Top Glove? Why can top glove go up but not UGglove?
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AndyKoh Master	07-Oct-2020 21:09        AndyKoh About Contact  Quote this Post!
x 0   x 0  Alert Admin	Agree....well supported at 98. Steady UG...steady.... hokpin      ( Date: 07-Oct-2020 15:47) Posted: 0.98 supported well. Near term is in uptrend towards 1.03! AndyKoh      ( Date: 07-Oct-2020 15:14) Posted: Yeah.... UG holding well about 98 - very good sign  Those fellow UG holders who are happy to realise their profit are taking the opportunity to do so....happy for them as well. UG shall continue to march on.... up to $1.60 and beyond
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Wp1234 Member	07-Oct-2020 18:08        Wp1234 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Actually i am curious.. What the difference between UGhealth and Top Glove? Why can top glove go up but not UGglove?
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yamseng Supreme	07-Oct-2020 16:07        yamseng About Contact  Quote this Post!
x 0   x 0  Alert Admin	https://www.theedgemarkets.com/article/top-glove-says-special-dividend-possible-it-shifts-quarterly-payout good news for glove counters
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hokpin Supreme	07-Oct-2020 15:47        hokpin About Contact  Quote this Post!
x 0   x 0  Alert Admin	0.98 supported well. Near term is in uptrend towards 1.03! AndyKoh      ( Date: 07-Oct-2020 15:14) Posted: Yeah.... UG holding well about 98 - very good sign  Those fellow UG holders who are happy to realise their profit are taking the opportunity to do so....happy for them as well. UG shall continue to march on.... up to $1.60 and beyond    yamseng      ( Date: 07-Oct-2020 14:53) Posted: today can close around 99 to 100 will be good enough, clearing those who like to take profit
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AndyKoh Master	07-Oct-2020 15:14        AndyKoh About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yeah.... UG holding well about 98 - very good sign  Those fellow UG holders who are happy to realise their profit are taking the opportunity to do so....happy for them as well. UG shall continue to march on.... up to $1.60 and beyond    yamseng      ( Date: 07-Oct-2020 14:53) Posted: today can close around 99 to 100 will be good enough, clearing those who like to take profit
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yamseng Supreme	07-Oct-2020 15:12        yamseng About Contact  Quote this Post!
x 0   x 0  Alert Admin	top glove near day high of 289/290 should be healthy for glove counters !!
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gregtan123 Supreme	07-Oct-2020 15:03        gregtan123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	DBS like Macquarie got vested interest la. Also DBS track record is BS, follow them at ur own peril. I actually like the climate now, everyone say sell Medicals, Load Banks n Reits. Follow Gupta lor Longtermer      ( Date: 07-Oct-2020 14:44) Posted: The Malaysian funds and broking houses are more on the ground related to demands and ASPs for gloves and PPE. They are closer to these companies mtgm and executives. Waiting for results next month..   Flyingtask      ( Date: 07-Oct-2020 14:29) Posted: Yes, from another analyst released last week, it already stated Long term demand. Both analysts are aligned here. https://www.google.com.sg/amp/s/www.theedgesingapore.com/amp/capital/brokers-calls/%25E2%2580%2598buy%25E2%2580%2599-ug-healthcare-expectation-50x-higher-profits-cgs-cimb
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yamseng Supreme	07-Oct-2020 14:53        yamseng About Contact  Quote this Post!
x 0   x 0  Alert Admin	today can close around 99 to 100 will be good enough, clearing those who like to take profit
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Longtermer Elite	07-Oct-2020 14:44        Longtermer About Contact  Quote this Post! Style: Flexible   Yells: "A disciplined investor is a wealthy investor"
x 0   x 0  Alert Admin	The Malaysian funds and broking houses are more on the ground related to demands and ASPs for gloves and PPE. They are closer to these companies mtgm and executives. Waiting for results next month..   Flyingtask      ( Date: 07-Oct-2020 14:29) Posted: Yes, from another analyst released last week, it already stated Long term demand. Both analysts are aligned here. https://www.google.com.sg/amp/s/www.theedgesingapore.com/amp/capital/brokers-calls/%25E2%2580%2598buy%25E2%2580%2599-ug-healthcare-expectation-50x-higher-profits-cgs-cimb   Longtermer      ( Date: 07-Oct-2020 14:11) Posted: Glove stocks up as Covid-19 cases rise The renewed spread of the virus could encourage more investors back into the glove and PPE thematic as investors look for sustainable earnings by SHAZNI ONG / pic by RAZAK GHAZALI  (6th Oct 2020) RESURGENCE of a high number of Covid-19 cases worldwide has renewed investor interest in glove counters as fears of a widespread outbreak negatively impacting the economy grow. Investors&rsquo bullishness on glovemakers like Top Glove Corp Bhd, Hartalega Holdings Bhd, Supermax Corp Bhd and Kossan Rubber Industries Bhd made them among the top gainers in the market yesterday, while smaller glovemakers like Rubberex Corp (M) Bhd, Comfort Gloves Bhd and Careplus Group Bhd gained as well. Supermax soared 8.13% or 73 sen to RM9.71, while Rubberex gained 5.6% or 32 sen to RM6.03. Careplus jumped 5.11% or 17 sen to RM3.50 and Kossan rose 2.87% or 42 sen to RM15.04. Industry heavyweight Top Glove closed 1.83% or 16 sen higher at RM8.92 with Hartalega gaining 0.34% or six sen higher to RM17.56. Comfort advanced 1.54% or six sen to RM3.96. The renewed spread of the virus could encourage more investors back into the glove and personal protective equipment (PPE) thematic from other counters as investors look for sustainable earnings. Hong Leong Investment Bank Bhd (HLIB Research) analyst Ng Jun Sheng believes the buying momentum in the local market faces the risk of a liquidity squeeze upon the expiry of the six-month grace period for loan repayments (ended Sept 30), coupled with soaring coronavirus cases and clusters locally. &ldquo Market sentiment should worsen in the short term amid concerns of more Targeted Enhanced Movement Control Orders, which would adversely affect the greenshoots of the country&rsquo s economic recovery,&rdquo he stated in a note yesterday. Thus, Ng said rubber glove and PPE stocks should be attractive for short-term trading amid virus resurgence worries. Kenanga Investment Bank Bhd analyst Raymond Choo Ping Khoon maintained an &lsquo Overweight&rsquo call on the rubber glove sector as average selling prices (ASPs) are still rising and prospects looking bright. &ldquo We highlighted that the industry ASP for the months of September to December is rising monthly between 10% and 30%, indicating supply tightness has further propelled ASP higher,&rdquo he said in a note yesterday. Choo highlighted that Top Glove&rsquo s ASP for the months of September, October and November is higher by 30%, 30% and 15% month-on-month (MoM) respectively, further indicating supply tightness. &ldquo With a diverse customer base, we expect Top Glove to have better pricing power and hence potentially above-average industry prices. We expect a hike in raw material prices due to supply constraints which flow to higher ASPs. &ldquo We do not expect supply to flood the market at least in the first three quarters of 2021 despite growing concern among investors that a number of Malaysian listed companies&rsquo have announced new ventures into the glove manufacturing segment,&rdquo he said. In anticipation of higher demand due to the pandemic, stockpiling and new users following the pandemic, players are raising capacities to meet the surging demand, Choo said. He stated that the acute supply shortage and supernormal demand could persist over the next two years with manufacturers getting orders from new users that include airlines, restaurants, retail apparel chains and hotel operators. &ldquo If we look at the capacity expansion numbers in isolation, they look overwhelming. Juxtaposed against the annual demand growth and new pandemic-led demand, the additional capacity is not a concern,&rdquo he said. Overall, Choo said earnings visibility in the sector looks reasonably good for financial year 2021 (FY21) based on lengthened demand lead times and ASP momentum moving into US$100 (RM415) per 1,000 pieces rendering prospective earnings in the sector too good to ignore. &ldquo Although orderbooks and lead times suggest that FY22 demand will remain strong while clarity on ASP diminishes, we are sold on the point that rubber glovemakers are benefitting immensely from increased demand that is sustainable. &ldquo (This is) a step-up change that is structural out of heightened hygiene awareness that extends beyond the healthcare community,&rdquo he said. On this point alone, Kenanga noted that there is an upside risk to its earnings projection for FY22, as the research firm has reflected conservative assumptions. &ldquo Firstly, that ASP would normalise from US$100 per 1,000 pieces to US$40 per 1,000 pieces (on easing of supply bottlenecks) and secondly, lagging costs of production, which hitherto has been fairly contained, would likely catch up, namely labour (10% of production cost) and raw materials (45% of production cost). &ldquo In our view, ASP US$40 per 1,000 pieces implying US$0.04 per piece which is reasonably low,&rdquo Choo added. Kenanga&rsquo s top pick for the sector is Hartalega (&lsquo Outperform&rsquo call and target price of RM26.22) since ASP catch-up is expected to be reflected in the third quarter of 2020 onwards, implying strong earnings growth.
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Flyingtask Supreme	07-Oct-2020 14:29        Flyingtask About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes, from another analyst released last week, it already stated Long term demand. Both analysts are aligned here. https://www.google.com.sg/amp/s/www.theedgesingapore.com/amp/capital/brokers-calls/%25E2%2580%2598buy%25E2%2580%2599-ug-healthcare-expectation-50x-higher-profits-cgs-cimb   Longtermer      ( Date: 07-Oct-2020 14:11) Posted: Glove stocks up as Covid-19 cases rise The renewed spread of the virus could encourage more investors back into the glove and PPE thematic as investors look for sustainable earnings by SHAZNI ONG / pic by RAZAK GHAZALI  (6th Oct 2020) RESURGENCE of a high number of Covid-19 cases worldwide has renewed investor interest in glove counters as fears of a widespread outbreak negatively impacting the economy grow. Investors&rsquo bullishness on glovemakers like Top Glove Corp Bhd, Hartalega Holdings Bhd, Supermax Corp Bhd and Kossan Rubber Industries Bhd made them among the top gainers in the market yesterday, while smaller glovemakers like Rubberex Corp (M) Bhd, Comfort Gloves Bhd and Careplus Group Bhd gained as well. Supermax soared 8.13% or 73 sen to RM9.71, while Rubberex gained 5.6% or 32 sen to RM6.03. Careplus jumped 5.11% or 17 sen to RM3.50 and Kossan rose 2.87% or 42 sen to RM15.04. Industry heavyweight Top Glove closed 1.83% or 16 sen higher at RM8.92 with Hartalega gaining 0.34% or six sen higher to RM17.56. Comfort advanced 1.54% or six sen to RM3.96. The renewed spread of the virus could encourage more investors back into the glove and personal protective equipment (PPE) thematic from other counters as investors look for sustainable earnings. Hong Leong Investment Bank Bhd (HLIB Research) analyst Ng Jun Sheng believes the buying momentum in the local market faces the risk of a liquidity squeeze upon the expiry of the six-month grace period for loan repayments (ended Sept 30), coupled with soaring coronavirus cases and clusters locally. &ldquo Market sentiment should worsen in the short term amid concerns of more Targeted Enhanced Movement Control Orders, which would adversely affect the greenshoots of the country&rsquo s economic recovery,&rdquo he stated in a note yesterday. Thus, Ng said rubber glove and PPE stocks should be attractive for short-term trading amid virus resurgence worries. Kenanga Investment Bank Bhd analyst Raymond Choo Ping Khoon maintained an &lsquo Overweight&rsquo call on the rubber glove sector as average selling prices (ASPs) are still rising and prospects looking bright. &ldquo We highlighted that the industry ASP for the months of September to December is rising monthly between 10% and 30%, indicating supply tightness has further propelled ASP higher,&rdquo he said in a note yesterday. Choo highlighted that Top Glove&rsquo s ASP for the months of September, October and November is higher by 30%, 30% and 15% month-on-month (MoM) respectively, further indicating supply tightness. &ldquo With a diverse customer base, we expect Top Glove to have better pricing power and hence potentially above-average industry prices. We expect a hike in raw material prices due to supply constraints which flow to higher ASPs. &ldquo We do not expect supply to flood the market at least in the first three quarters of 2021 despite growing concern among investors that a number of Malaysian listed companies&rsquo have announced new ventures into the glove manufacturing segment,&rdquo he said. In anticipation of higher demand due to the pandemic, stockpiling and new users following the pandemic, players are raising capacities to meet the surging demand, Choo said. He stated that the acute supply shortage and supernormal demand could persist over the next two years with manufacturers getting orders from new users that include airlines, restaurants, retail apparel chains and hotel operators. &ldquo If we look at the capacity expansion numbers in isolation, they look overwhelming. Juxtaposed against the annual demand growth and new pandemic-led demand, the additional capacity is not a concern,&rdquo he said. Overall, Choo said earnings visibility in the sector looks reasonably good for financial year 2021 (FY21) based on lengthened demand lead times and ASP momentum moving into US$100 (RM415) per 1,000 pieces rendering prospective earnings in the sector too good to ignore. &ldquo Although orderbooks and lead times suggest that FY22 demand will remain strong while clarity on ASP diminishes, we are sold on the point that rubber glovemakers are benefitting immensely from increased demand that is sustainable. &ldquo (This is) a step-up change that is structural out of heightened hygiene awareness that extends beyond the healthcare community,&rdquo he said. On this point alone, Kenanga noted that there is an upside risk to its earnings projection for FY22, as the research firm has reflected conservative assumptions. &ldquo Firstly, that ASP would normalise from US$100 per 1,000 pieces to US$40 per 1,000 pieces (on easing of supply bottlenecks) and secondly, lagging costs of production, which hitherto has been fairly contained, would likely catch up, namely labour (10% of production cost) and raw materials (45% of production cost). &ldquo In our view, ASP US$40 per 1,000 pieces implying US$0.04 per piece which is reasonably low,&rdquo Choo added. Kenanga&rsquo s top pick for the sector is Hartalega (&lsquo Outperform&rsquo call and target price of RM26.22) since ASP catch-up is expected to be reflected in the third quarter of 2020 onwards, implying strong earnings growth.
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yamseng Supreme	07-Oct-2020 14:20        yamseng About Contact  Quote this Post!
x 0   x 0  Alert Admin	UG still trying to absorb selling from profit takers,, patience will win the game
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Longtermer Elite	07-Oct-2020 14:11        Longtermer About Contact  Quote this Post! Style: Flexible   Yells: "A disciplined investor is a wealthy investor"
x 0   x 0  Alert Admin	Glove stocks up as Covid-19 cases rise The renewed spread of the virus could encourage more investors back into the glove and PPE thematic as investors look for sustainable earnings by SHAZNI ONG / pic by RAZAK GHAZALI  (6th Oct 2020) RESURGENCE of a high number of Covid-19 cases worldwide has renewed investor interest in glove counters as fears of a widespread outbreak negatively impacting the economy grow. Investors&rsquo bullishness on glovemakers like Top Glove Corp Bhd, Hartalega Holdings Bhd, Supermax Corp Bhd and Kossan Rubber Industries Bhd made them among the top gainers in the market yesterday, while smaller glovemakers like Rubberex Corp (M) Bhd, Comfort Gloves Bhd and Careplus Group Bhd gained as well. Supermax soared 8.13% or 73 sen to RM9.71, while Rubberex gained 5.6% or 32 sen to RM6.03. Careplus jumped 5.11% or 17 sen to RM3.50 and Kossan rose 2.87% or 42 sen to RM15.04. Industry heavyweight Top Glove closed 1.83% or 16 sen higher at RM8.92 with Hartalega gaining 0.34% or six sen higher to RM17.56. Comfort advanced 1.54% or six sen to RM3.96. The renewed spread of the virus could encourage more investors back into the glove and personal protective equipment (PPE) thematic from other counters as investors look for sustainable earnings. Hong Leong Investment Bank Bhd (HLIB Research) analyst Ng Jun Sheng believes the buying momentum in the local market faces the risk of a liquidity squeeze upon the expiry of the six-month grace period for loan repayments (ended Sept 30), coupled with soaring coronavirus cases and clusters locally. &ldquo Market sentiment should worsen in the short term amid concerns of more Targeted Enhanced Movement Control Orders, which would adversely affect the greenshoots of the country&rsquo s economic recovery,&rdquo he stated in a note yesterday. Thus, Ng said rubber glove and PPE stocks should be attractive for short-term trading amid virus resurgence worries. Kenanga Investment Bank Bhd analyst Raymond Choo Ping Khoon maintained an &lsquo Overweight&rsquo call on the rubber glove sector as average selling prices (ASPs) are still rising and prospects looking bright. &ldquo We highlighted that the industry ASP for the months of September to December is rising monthly between 10% and 30%, indicating supply tightness has further propelled ASP higher,&rdquo he said in a note yesterday. Choo highlighted that Top Glove&rsquo s ASP for the months of September, October and November is higher by 30%, 30% and 15% month-on-month (MoM) respectively, further indicating supply tightness. &ldquo With a diverse customer base, we expect Top Glove to have better pricing power and hence potentially above-average industry prices. We expect a hike in raw material prices due to supply constraints which flow to higher ASPs. &ldquo We do not expect supply to flood the market at least in the first three quarters of 2021 despite growing concern among investors that a number of Malaysian listed companies&rsquo have announced new ventures into the glove manufacturing segment,&rdquo he said. In anticipation of higher demand due to the pandemic, stockpiling and new users following the pandemic, players are raising capacities to meet the surging demand, Choo said. He stated that the acute supply shortage and supernormal demand could persist over the next two years with manufacturers getting orders from new users that include airlines, restaurants, retail apparel chains and hotel operators. &ldquo If we look at the capacity expansion numbers in isolation, they look overwhelming. Juxtaposed against the annual demand growth and new pandemic-led demand, the additional capacity is not a concern,&rdquo he said. Overall, Choo said earnings visibility in the sector looks reasonably good for financial year 2021 (FY21) based on lengthened demand lead times and ASP momentum moving into US$100 (RM415) per 1,000 pieces rendering prospective earnings in the sector too good to ignore. &ldquo Although orderbooks and lead times suggest that FY22 demand will remain strong while clarity on ASP diminishes, we are sold on the point that rubber glovemakers are benefitting immensely from increased demand that is sustainable. &ldquo (This is) a step-up change that is structural out of heightened hygiene awareness that extends beyond the healthcare community,&rdquo he said. On this point alone, Kenanga noted that there is an upside risk to its earnings projection for FY22, as the research firm has reflected conservative assumptions. &ldquo Firstly, that ASP would normalise from US$100 per 1,000 pieces to US$40 per 1,000 pieces (on easing of supply bottlenecks) and secondly, lagging costs of production, which hitherto has been fairly contained, would likely catch up, namely labour (10% of production cost) and raw materials (45% of production cost). &ldquo In our view, ASP US$40 per 1,000 pieces implying US$0.04 per piece which is reasonably low,&rdquo Choo added. Kenanga&rsquo s top pick for the sector is Hartalega (&lsquo Outperform&rsquo call and target price of RM26.22) since ASP catch-up is expected to be reflected in the third quarter of 2020 onwards, implying strong earnings growth.
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John2020 Member	07-Oct-2020 12:22        John2020 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Come on UG, ur bro RS and TP are already flying...
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Flyingtask Supreme	07-Oct-2020 10:59        Flyingtask About Contact  Quote this Post!
x 0   x 0  Alert Admin	This news also say expect   vaccine works by late next year.  Only for rich nation. ( according to bill gate who   gave US$36 billion to the Bill & Melinda Gates Foundation, which aims to tackle extreme poverty and poor healthcare.) https://www.channelnewsasia.com/news/business/rich-world-could-be-close-to-normal-by-late-2021-if-covid-19-13214546 Flyingtask      ( Date: 06-Oct-2020 23:48) Posted: Then, how come this news said by next year? https://www.scmp.com/news/china/diplomacy/article/3104404/coronavirus-china-talks-who-over-assessing-covid-19-vaccines   jervis43      ( Date: 06-Oct-2020 23:40) Posted: COVID-19 vaccine may be ready by year-end: WHO's Tedros https://www.channelnewsasia.com/news/world/covid-19-vaccine-who-covax-tedros-year-end-2020-13213088
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Wp1234 Member	07-Oct-2020 10:30        Wp1234 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hahha.. Never hope to get 4 dollar la.. Hahaha. Biut of course 4 dollar will ne better la.. Hahah Checkerman      ( Date: 07-Oct-2020 06:26) Posted: U Must be but to Believe those TP given by the institution haha . $4? Wp1234      ( Date: 06-Oct-2020 23:44) Posted: I enter at 1 dollar too.. Like you say, hopefully can aim for cimb tp..
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eric998 Supreme	07-Oct-2020 10:29        eric998 About Contact  Quote this Post!
x 0   x 0  Alert Admin	if can go above 103 then it is reallly bullish.. and pull along other medical counters..
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AndyKoh Master	07-Oct-2020 10:14        AndyKoh About Contact  Quote this Post!
x 0   x 0  Alert Admin	There are sellers and there are buyers.... Who are the top buyers? If the CIMBs and the like are top sellers? Who are the top buyers? Can identify also, pls. Tks  Continuous refilling will lead to overflow.... then what?  The price will shoot up to  > 1.0x   Ryuuenji      ( Date: 07-Oct-2020 10:10) Posted: 0.99 0.995 Top sellers...ABN CSFB CIMB GOLDMA MERYLIN.... continuous refilling... just sharing.
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AndyKoh Master	07-Oct-2020 10:11        AndyKoh About Contact  Quote this Post!
x 0   x 0  Alert Admin	UG is holding very well at these levels 98 - 995 for 2 days already. This is the base support. The breakout will come soon... To all UG holders....Huat AHHHHH
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easywin Supreme	07-Oct-2020 09:51        easywin About Contact  Quote this Post!
x 0   x 0  Alert Admin	Possible this UG against all odd?
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