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Gloves and more
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PhillipTan
Supreme |
20-Apr-2021 10:25
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India keeps having record high new cases New strains Vaccination woes Yet still stuck when undervalued and very profitable huh?   |
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Shifu8888
Supreme |
16-Apr-2021 19:16
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If the cases keep going up, ug will repeat the price trend of breaching 70. On way to full year results, 75/80 no problem.
If dividends are good enough, they should go back to $1 if cases persist. Huat and have a nice weekend.
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Longtermer
Elite |
16-Apr-2021 17:28
Yells: "A disciplined investor is a wealthy investor" |
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Be patient for UG.. it can push up crazily when the time come. Hold tight tight..   |
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peace88
Member |
16-Apr-2021 16:21
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Over at KLSE all -about 8 that I looked- rubber stocks have gone up, some 5,6%! But here so small an increase :( With all the mutations, looks like Covid19 will be around for quite awhile, and high demand for PPE will continue.    |
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FreedomAngelz
Veteran |
16-Apr-2021 16:12
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UG cheaper to average down, also easier to push up 
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PhillipTan
Supreme |
16-Apr-2021 15:58
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Sometimes I keep asking myself, how come I didn' t average down on Riverstone instead? Why did I choose to average down this counter over Riverstone? TG and Riverstone already moving up, UG like still doing loitering here and there |
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PhillipTan
Supreme |
16-Apr-2021 14:18
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took in some at 0.615 0.65 for me not, still a bit far from liberation but if really can hit 0.80, most of us here can huat to the moon with you problem is really can, if can when and will we still be holding it by then lol
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ringo88
Senior |
16-Apr-2021 13:19
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Hahaha...liberated!
I wish the best for you 👍
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FreedomAngelz
Veteran |
16-Apr-2021 13:15
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I`m very close to getting liberated.....if UG can hit back $0.80 i can huat to the moon
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Longtermer
Elite |
16-Apr-2021 13:13
Yells: "A disciplined investor is a wealthy investor" |
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Why?  The dividend to be given this year is going to be v good i believe. Nett cash company and earning about 20c per share for the whole year. Most Malaysian gloves companies incl RS and TG are giving 40% to 50% or more of their earnings as dividend. If just use 30% as dividends, it will be about 6c. If use 40%, dividend will be 8c. Yield can be 9 to 13% at today price. PE only just over 3times, buy to hold for both cap gain and dividend play. Happy to be stuck here. Vested a lot.. Cheers.  
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Shifu8888
Supreme |
16-Apr-2021 13:04
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Long term investor aka stuckists.
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lsyiat
Veteran |
16-Apr-2021 12:59
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Actually UG less than 15% is retailer, 85% is holding by major shareholder. Already a lot long term investor
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FreedomAngelz
Veteran |
16-Apr-2021 12:48
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UG need more long term investor....most are short term contra investor who wan to earn kopi lui | |||||||||||||||||||||||||||||||||||||||
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Longtermer
Elite |
16-Apr-2021 11:31
Yells: "A disciplined investor is a wealthy investor" |
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Took this info below from a forumer in klse i3investor.com. Can see the export for Malaysian gloves are growing every month since March 2020 till today. Just for Jan and Feb 2021, the total gloves export was RM11.47B. For the whole year 2020 (pandemic started in March), the total export was RM35.26B. Feb export numbers are at record high and following months will likely to remain so for a while till the " pandemic is over" . The gloves are definitely in high demands based on facts below and Malaysian gloves companies covering 65 to 67% of the global market will continue to ensure the revenues and profits stay elevated for a long while. Dyodd as always.. ------------------------------------------------ Forumer Ben: The Department of Statistics (DoSM) just released the February 2021 monthly rubber statistics. You can find the summary of the statistics here. You can find the freely available statistical data here  (you will need to log in). I have compiled the available data in the table below:
The total increase in value of rubber glove exports between March 2020 and February 2021 is 226%. For the first two months of the current quarter of the year, the increase in value of exports is 28% as compared to the first 2 months of the previous calendar quarter (October-November 2020). Important disclaimer: Any views expressed are for informational and discussion purposes only. None of this information is intended as, and must not be understood as, a source of advice. It is imperative that you always do your own research and that you make any decisions based on your personal situation and your own personal understanding. |
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Longtermer
Elite |
16-Apr-2021 10:47
Yells: "A disciplined investor is a wealthy investor" |
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Bursa Gloves companies are having a strong reversal with huge vol these 2 days. Supermax performed extremely well running up 11% yesterday and 4.3% today. UG is an OBM gloves company like Supermax. Can see UG lagging far behind and should play catch up soon.. Note that placement issue to institutions last year was at 85c. This is a min $1 stock. Dyodd.   |
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Shifu8888
Supreme |
16-Apr-2021 07:13
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I am back in ug. The virus wave has become tsunami. @mother@ India May be first country to hit 1m cases if continue this trend. Super variant mutated.
Another year of abnormal profit for glove. Ug should go back to 80. And with good full year dividend, $1 May happen. This is a proper Ppe company. |
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Longtermer
Elite |
14-Apr-2021 18:54
Yells: "A disciplined investor is a wealthy investor" |
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Nice.. :)
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FreedomAngelz
Veteran |
14-Apr-2021 17:50
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I know its a steal...else i won`t be holding 120,000 shares  ![]()
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Longtermer
Elite |
14-Apr-2021 17:27
Yells: "A disciplined investor is a wealthy investor" |
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UG reportedly make 9c per share for H1. H2 should perform better with continued strong demands, better plants efficiency and higher capacity. Expected Eps to be 20c thereabout and believe Mgtm will give a good dividend. PE is trading at 3 is a steal. No contra. Need to hold longer to see fruits. Dyodd.  
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FreedomAngelz
Veteran |
14-Apr-2021 16:58
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Been observing UG buying/selling action for quite some times....there is 1 or 2 fund/BB doing shorting of UG. Normally see they press down 2 pip then stop oredy. | |||||||||||||||||||||||||||||||||||||||
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