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zandlery Supreme	13-Jan-2021 12:52        zandlery About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	No worries, there's always 2.1x waiting for you.... 😂 gaosang      ( Date: 13-Jan-2021 11:14) Posted: was dreaming at 1.1x hope is not too late now
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gaosang Member	13-Jan-2021 11:14        gaosang About Contact  Quote this Post!
x 0   x 0  Alert Admin	was dreaming at 1.1x hope is not too late now
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look@bright Elite	13-Jan-2021 10:54        look@bright About Contact  Quote this Post!
x 0   x 0  Alert Admin	GoGoGo RS!
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tccroy Elite	13-Jan-2021 10:51        tccroy About Contact  Quote this Post!
x 0   x 0  Alert Admin	No problem touching 1.75 in the short term
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TradeExpert Veteran	13-Jan-2021 09:13        TradeExpert About Contact  Quote this Post!
x 0   x 0  Alert Admin	Calling for wavehunter.... So quiet now? Is he crying to the bank for shorting too much on this counter.... Congrats to all who believe in this counter and buy in low when it' s around $1.1x. Huat Huat!
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Longtermer Elite	12-Jan-2021 15:56        Longtermer About Contact  Quote this Post! Style: Flexible   Yells: "A disciplined investor is a wealthy investor"
x 0   x 0  Alert Admin	Gloves TP by CIMB Same report on 11th Jan 2021 Riverstone Holdings ADD, TP S$2.50, S$1.39 close RSTON sees strong demand in both its healthcare and cleanroom segments, and targets healthcare/cleanroom segment ASP growth of 40%/30% qoq, respectively, in 4Q20F. UG Healthcare Corp Ltd ADD, TP S$1.70, S$0.67 close The glove shortage remains acute amid a worsening Covid-19 pandemic crisis. UGHC said its distribution companies& rsquo inventories are managed on a very tight schedule based on just-in-time delivery.   Longtermer      ( Date: 12-Jan-2021 13:55) Posted: Rubber Gloves 4QCY20F preview: Another strong showing CIMB 12 Jan 2021   ■ We forecast UGHC and RSTON to report another quarter of record earnings in 4QCY20F, with net profits jumping 54x/8.5x yoy, respectively. ■ Fundamentals of glovemakers remain strong as ASP uptrend continues, which could support stronger earnings in quarters ahead. ■ We see value emerging post the removal of share price overhang (lifting of Bursa& rsquo s short-selling restriction). Maintain Add on UGHC and RSTON.   Fundamentals intact with ASP remaining firmly on an uptrend We believe fundamentals of glovemakers remain strong in FY21F, as resurgence in Covid- 19 worldwide underpin firm demand for gloves. The Malaysian Rubber Glove Manufacturers Association (MARGMA) estimates that the global glove shortage situation will persist in 2021F, due to increased usage in the medical field as well as in non-medical industries (retail, F& B, etc.). Based on our channel checks, glove ASPs remain firmly on an uptrend, which could support strong earnings in quarters ahead.   UGHC 2QFY6/21F net profit: S$30m (+31% qoq, 54-fold jump yoy) We forecast UGHC to report net profit of S$30m (+31% qoq, 54-fold increase yoy) in 2QFY6/21F. UGHC said its distribution companies& rsquo inventory levels remain low, and have to be managed on a very tight schedule based on just-in-time delivery. We estimate that UGHC& rsquo s ASP rose by 10-20% mom in Dec, and will further increase by 5-10% mom in Jan and Feb 2021. We believe further ASP uptrend can be supported by the narrowing price gap for gloves between developing and developed countries.   RSTON 4Q20F net profit: RM275m (+54% qoq, +757% yoy) We forecast RSTON to report net profit of RM275m (+54% qoq, +757% yoy) in 4Q20. We estimate its healthcare gloves& rsquo ASP grew 10-15% mom in Dec/Jan, and could likely rise by another 5-10% in Feb to c.US$100 per thousand pcs. Cleanroom gloves& rsquo ASP were also raised by 10-15% in Jan, and currently stand at c.US$110 per thousand pcs.   We believe margin expansion trend should continue in coming quarters, as ASP hikes continue to outpace raw material cost increases.   Overhang removed, value emerging Glovemakers have seen share price correction of c.30% since Nov due to 1) vaccine development newsflow, and subsequently 2) share price overhang from the impending lifting of Bursa Malaysia& rsquo s short-selling suspension on 1 Jan 2021. Currently, UGHC and RSTON are trading at 5.2x and 9.4x CY22F, respectively, which we think more than prices in earnings normalisation post Covid-19.   We reiterate our Add calls on both UGHC and RSTON, and see upcoming results announcements in Feb as a near-term share price catalyst. UGHC remains our preferred pick given its relatively cheaper valuation and our expectations of higher normalised profits, backed by a 59% yoy manufacturing capacity expansion expected in CY21F
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stanip Veteran	12-Jan-2021 15:29        stanip About Contact  Quote this Post!
x 0   x 0  Alert Admin	Longtermer      ( Date: 12-Jan-2021 13:55) Posted: Rubber Gloves 4QCY20F preview: Another strong showing CIMB 12 Jan 2021   ■ We forecast UGHC and RSTON to report another quarter of record earnings in 4QCY20F, with net profits jumping 54x/8.5x yoy, respectively. ■ Fundamentals of glovemakers remain strong as ASP uptrend continues, which could support stronger earnings in quarters ahead. ■ We see value emerging post the removal of share price overhang (lifting of Bursa& rsquo s short-selling restriction). Maintain Add on UGHC and RSTON.   Fundamentals intact with ASP remaining firmly on an uptrend We believe fundamentals of glovemakers remain strong in FY21F, as resurgence in Covid- 19 worldwide underpin firm demand for gloves. The Malaysian Rubber Glove Manufacturers Association (MARGMA) estimates that the global glove shortage situation will persist in 2021F, due to increased usage in the medical field as well as in non-medical industries (retail, F& B, etc.). Based on our channel checks, glove ASPs remain firmly on an uptrend, which could support strong earnings in quarters ahead.   UGHC 2QFY6/21F net profit: S$30m (+31% qoq, 54-fold jump yoy) We forecast UGHC to report net profit of S$30m (+31% qoq, 54-fold increase yoy) in 2QFY6/21F. UGHC said its distribution companies& rsquo inventory levels remain low, and have to be managed on a very tight schedule based on just-in-time delivery. We estimate that UGHC& rsquo s ASP rose by 10-20% mom in Dec, and will further increase by 5-10% mom in Jan and Feb 2021. We believe further ASP uptrend can be supported by the narrowing price gap for gloves between developing and developed countries.   RSTON 4Q20F net profit: RM275m (+54% qoq, +757% yoy) We forecast RSTON to report net profit of RM275m (+54% qoq, +757% yoy) in 4Q20. We estimate its healthcare gloves& rsquo ASP grew 10-15% mom in Dec/Jan, and could likely rise by another 5-10% in Feb to c.US$100 per thousand pcs. Cleanroom gloves& rsquo ASP were also raised by 10-15% in Jan, and currently stand at c.US$110 per thousand pcs.   We believe margin expansion trend should continue in coming quarters, as ASP hikes continue to outpace raw material cost increases.   Overhang removed, value emerging Glovemakers have seen share price correction of c.30% since Nov due to 1) vaccine development newsflow, and subsequently 2) share price overhang from the impending lifting of Bursa Malaysia& rsquo s short-selling suspension on 1 Jan 2021. Currently, UGHC and RSTON are trading at 5.2x and 9.4x CY22F, respectively, which we think more than prices in earnings normalisation post Covid-19.   We reiterate our Add calls on both UGHC and RSTON, and see upcoming results announcements in Feb as a near-term share price catalyst. UGHC remains our preferred pick given its relatively cheaper valuation and our expectations of higher normalised profits, backed by a 59% yoy manufacturing capacity expansion expected in CY21F
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Longtermer Elite	12-Jan-2021 13:55        Longtermer About Contact  Quote this Post! Style: Flexible   Yells: "A disciplined investor is a wealthy investor"
x 0   x 0  Alert Admin	Rubber Gloves 4QCY20F preview: Another strong showing CIMB 12 Jan 2021   ■ We forecast UGHC and RSTON to report another quarter of record earnings in 4QCY20F, with net profits jumping 54x/8.5x yoy, respectively. ■ Fundamentals of glovemakers remain strong as ASP uptrend continues, which could support stronger earnings in quarters ahead. ■ We see value emerging post the removal of share price overhang (lifting of Bursa& rsquo s short-selling restriction). Maintain Add on UGHC and RSTON.   Fundamentals intact with ASP remaining firmly on an uptrend We believe fundamentals of glovemakers remain strong in FY21F, as resurgence in Covid- 19 worldwide underpin firm demand for gloves. The Malaysian Rubber Glove Manufacturers Association (MARGMA) estimates that the global glove shortage situation will persist in 2021F, due to increased usage in the medical field as well as in non-medical industries (retail, F& B, etc.). Based on our channel checks, glove ASPs remain firmly on an uptrend, which could support strong earnings in quarters ahead.   UGHC 2QFY6/21F net profit: S$30m (+31% qoq, 54-fold jump yoy) We forecast UGHC to report net profit of S$30m (+31% qoq, 54-fold increase yoy) in 2QFY6/21F. UGHC said its distribution companies& rsquo inventory levels remain low, and have to be managed on a very tight schedule based on just-in-time delivery. We estimate that UGHC& rsquo s ASP rose by 10-20% mom in Dec, and will further increase by 5-10% mom in Jan and Feb 2021. We believe further ASP uptrend can be supported by the narrowing price gap for gloves between developing and developed countries.   RSTON 4Q20F net profit: RM275m (+54% qoq, +757% yoy) We forecast RSTON to report net profit of RM275m (+54% qoq, +757% yoy) in 4Q20. We estimate its healthcare gloves& rsquo ASP grew 10-15% mom in Dec/Jan, and could likely rise by another 5-10% in Feb to c.US$100 per thousand pcs. Cleanroom gloves& rsquo ASP were also raised by 10-15% in Jan, and currently stand at c.US$110 per thousand pcs.   We believe margin expansion trend should continue in coming quarters, as ASP hikes continue to outpace raw material cost increases.   Overhang removed, value emerging Glovemakers have seen share price correction of c.30% since Nov due to 1) vaccine development newsflow, and subsequently 2) share price overhang from the impending lifting of Bursa Malaysia& rsquo s short-selling suspension on 1 Jan 2021. Currently, UGHC and RSTON are trading at 5.2x and 9.4x CY22F, respectively, which we think more than prices in earnings normalisation post Covid-19.   We reiterate our Add calls on both UGHC and RSTON, and see upcoming results announcements in Feb as a near-term share price catalyst. UGHC remains our preferred pick given its relatively cheaper valuation and our expectations of higher normalised profits, backed by a 59% yoy manufacturing capacity expansion expected in CY21F
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Deepimpact Senior	12-Jan-2021 05:02        Deepimpact About Contact  Quote this Post!
x 0   x 0  Alert Admin	It's not consult , what I see is 🎯 target Shortist target MedBull      ( Date: 11-Jan-2021 16:39) Posted: Well then ...these are average players.  Having to consult forum to decipher the moves....haha.  Any big price movement in their opposite direction, they are first to die.    Bring along the blind followers to die as well... 3DecadesTrader      ( Date: 11-Jan-2021 16:15) Posted: anyway, how i know because i have associated with many Zng Kays who r average individual players but with massive followers who wiill do their bidding be it here or in INVESTINGNOTE.   Period
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SGPhantom Master	11-Jan-2021 21:36        SGPhantom About Contact  Quote this Post!
x 0   x 0  Alert Admin	The interesting part is the 13% dividend yield! stanip      ( Date: 11-Jan-2021 17:39) Posted: Glove ASP continues to rise... From CIMB TG interview report: Jan up 15% month over month, Feb up 10% MoM and March another round of ASP increase is highly likely. CIMB: GLOVEs ASP to still rise in Jan and Feb 21. TOPGLOV TP RM8.90 - gloveharicut | I3investor
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Eatall Veteran	11-Jan-2021 17:40        Eatall About Contact  Quote this Post!
x 1   x 0  Alert Admin	Aiyo... Move on la.... All growing adults liao...
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stanip Veteran	11-Jan-2021 17:39        stanip About Contact  Quote this Post!
x 0   x 0  Alert Admin	Glove ASP continues to rise... From CIMB TG interview report: Jan up 15% month over month, Feb up 10% MoM and March another round of ASP increase is highly likely. CIMB: GLOVEs ASP to still rise in Jan and Feb 21. TOPGLOV TP RM8.90 - gloveharicut | I3investor
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3DecadesTrader Veteran	11-Jan-2021 17:14        3DecadesTrader About Contact  Quote this Post!
x 0   x 0  Alert Admin	cao ahgua, go find a dog to poke u. btw, u were the one who step on my toes first by directly replying to my comment. Go search your reply history, cao ahgua! MedBull      ( Date: 11-Jan-2021 17:11) Posted: Today i offended a dog. Who keeps chasing me now...barking very loudly.  No choice , i know its tough but i need to let go and get on with my life. All the barking turns back at this animal.  May i pray for it to appease itself and return to its cage.  God bless you dog.  You have no life here. I got a life out of there.  Stay here barking ok. =) 3DecadesTrader      ( Date: 11-Jan-2021 17:08) Posted: oh, u a chiak zabor! i bet your parents can' t wait to slap u & shave all your hair!   lollll
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MedBull Member	11-Jan-2021 17:11        MedBull About Contact  Quote this Post!
x 0   x 0  Alert Admin	Today i offended a dog. Who keeps chasing me now...barking very loudly.  No choice , i know its tough but i need to let go and get on with my life. All the barking turns back at this animal.  May i pray for it to appease itself and return to its cage.  God bless you dog.  You have no life here. I got a life out of there.  Stay here barking ok. =) 3DecadesTrader      ( Date: 11-Jan-2021 17:08) Posted: oh, u a chiak zabor! i bet your parents can' t wait to slap u & shave all your hair!   lolllll MedBull      ( Date: 11-Jan-2021 17:07) Posted: Omg....you really reading into names.  Who said im a guy?    haha.....superficial reading into names only.
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3DecadesTrader Veteran	11-Jan-2021 17:10        3DecadesTrader About Contact  Quote this Post!
x 0   x 0  Alert Admin	no need to argue your gender lah. u not male, not female, then u r a cao ahgua! btw, i need to finish my work. U cao ahgua talk to yourself if u enjoy. MedBull      ( Date: 11-Jan-2021 17:08) Posted: Who said im a girl?  =) 3DecadesTrader      ( Date: 11-Jan-2021 17:08) Posted: oh, u a chiak zabor! i bet your parents can' t wait to slap u & shave all your hair!   lollll
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MedBull Member	11-Jan-2021 17:08        MedBull About Contact  Quote this Post!
x 0   x 0  Alert Admin	Who said im a girl?  =) 3DecadesTrader      ( Date: 11-Jan-2021 17:08) Posted: oh, u a chiak zabor! i bet your parents can' t wait to slap u & shave all your hair!   lolllll MedBull      ( Date: 11-Jan-2021 17:07) Posted: Omg....you really reading into names.  Who said im a guy?    haha.....superficial reading into names only.
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3DecadesTrader Veteran	11-Jan-2021 17:08        3DecadesTrader About Contact  Quote this Post!
x 0   x 0  Alert Admin	oh, u a chiak zabor! i bet your parents can' t wait to slap u & shave all your hair!   lolllll MedBull      ( Date: 11-Jan-2021 17:07) Posted: Omg....you really reading into names.  Who said im a guy?    haha.....superficial reading into names only.  3DecadesTrader      ( Date: 11-Jan-2021 17:06) Posted: --- Post Removed by User ---
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MedBull Member	11-Jan-2021 17:07        MedBull About Contact  Quote this Post!
x 0   x 0  Alert Admin	Omg....you really reading into names.  Who said im a guy?    haha.....superficial reading into names only.  3DecadesTrader      ( Date: 11-Jan-2021 17:06) Posted: --- Post Removed by User ---
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MedBull Member	11-Jan-2021 17:05        MedBull About Contact  Quote this Post!
x 0   x 0  Alert Admin	I just pitied your parents.....=) for your choice of words used in this posting today. Obviousy they didnt do a good job. 3DecadesTrader      ( Date: 11-Jan-2021 17:04) Posted: let u win lah I m a true Singaporean & i support Singlish lah, not like u pretending to be an caucasian & showing disrespect to your parents & ancestors!   Period. MedBull      ( Date: 11-Jan-2021 17:03) Posted: I just pitied your parents.....=) for your choice of words used in this posting today. Obviousy they didnt do a good job
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3DecadesTrader Veteran	11-Jan-2021 17:04        3DecadesTrader About Contact  Quote this Post!
x 0   x 0  Alert Admin	let u win lah I m a true Singaporean & i support Singlish lah, not like u pretending to be an caucasian & showing disrespect to your parents & ancestors!   Period. MedBull      ( Date: 11-Jan-2021 17:03) Posted: I just pitied your parents.....=) for your choice of words used in this posting today. Obviousy they didnt do a good job. 3DecadesTrader      ( Date: 11-Jan-2021 17:00) Posted: --- Post Removed by User ---
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