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sudden seow liao....
Sgvale ( Date: 07-Feb-2020 09:22) Posted:
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Not much of an issue. Most importantly generating fcf, net cash/profit and expansion plan intact.
Also, they are selling face mask. Let's see any hints on the increase future sales in their next quarter announcement.
Many landed in hollan....
?What China urgently needs at present are medical masks, protective suits, and safety goggles,? the foreign ministry spokeswoman Hua Chunying said in a press briefing on Monday morning.
China?s factories can produce 20 million masks per day, but panic over the virus has prompted people in the country of 1.4 billion to stock up on surgical masks, while frontline medical personnel have reported equipment shortages.
Master Yuan, can chart Riverstone?
it is trading at closer to its historical mean of ~18x PE though all the Malaysian peers have similarly re-rated during the recent rally as well. the key to being a beneficiary is that these glove manufacturers need to have excess capacity for them to ramp up production to capture the upside. if their utilisation is already close to full prior to the virus outbreak, there is no possibility of the manufacturers to capture the upside even if they wanted to because they are constrained by capacity.
think Top Glove probably has the edge given their utilisation is ~85% on a much higher production capacity base so on an absolute basis, still can afford to increase few hundred to even couple bil in capacity.
nonetheless, this stock should probably take this opportunity to try and trade closer to peers' multiples of > 20x PE. would be interested to see their FY19 results and outlook on both the cleanroom gloves (to target the semi-con) and healthcare gloves in view of recent virus outbreak. based on 9MFY19 outlook, only appears that their expansion to 10.4b production capacity will kick in 1QFY20 but unsure beyond there at this point.
think Top Glove probably has the edge given their utilisation is ~85% on a much higher production capacity base so on an absolute basis, still can afford to increase few hundred to even couple bil in capacity.
nonetheless, this stock should probably take this opportunity to try and trade closer to peers' multiples of > 20x PE. would be interested to see their FY19 results and outlook on both the cleanroom gloves (to target the semi-con) and healthcare gloves in view of recent virus outbreak. based on 9MFY19 outlook, only appears that their expansion to 10.4b production capacity will kick in 1QFY20 but unsure beyond there at this point.
I think no more dips
Will go up up, can grab while stock last
Will go up up, can grab while stock last
Severely undervalue and base on current market demanding.. Would happy to accumulate on any dip..
Shld be back above 110 plus plus
Nice, net cash of 100+mil RM, ROE of 17%, free cashflow of 150+mil RM per year.
2 sources of revenue in semicon and healthcare.
Sad, I'll just have to wait for result and increased dividends. Consistent 40+% of dividend hopefully boosted by the sales of gloves.
Returning from moon base.
daryl25 ( Date: 31-Jan-2020 08:54) Posted:
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Up up and away
I see PE, P/BV, dividend yield, valuations all better than others. Assume is profit taking.
I think will go up
i kena trapped
Other stocks moving ever higher, why this counter always lag behind?
Wow 1.13 now. Best timing to buy and wait for the 1.3 climb again.
er... Don't anyhow revers_e leh.
easywin ( Date: 28-Jan-2020 18:17) Posted:
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High demand of gloves, China willing to buy at higher price, Reverstne huat liao.