Hi guys,
We are now in the Midst of The Most Powerful Glove Bull Run in Malaysia's History due to Covid 19
For Stocks to Go Up in A Bull Run THERE MUST BE A CATALYST OR CATALYST OF EARNINGS!!
Last year it Was Petronas Capex. When Oil Rebounded to USD70 in year 2018 Petronas was making good monies.
So Petronas implemented OGSE UPSTREAM JOBS. And With Jobs Came Renewed EARNINGS
The Earnings of Dayang, Carimin, Naim, Penergy, Uzma increased
As a result Their SHARE PRICES WENT IN TO A FRENZIED BULL RUN
1) CARIMIN Went Up From 21 sen in Dec 2018 to a high of Rm1.46 in Nov 2019
In 13 months Carimin (currymee) up almost 600%
2) DAYANG jumped from the low of 50 sen on December 28 2018 to Rm3.01 on 21/2/2020
In 14 months DAYANG POWERED UP 502%
3) PENERGY WENT UP FROM 34 SEN TO RM1.86 FOR A GAIN OF 447%
4) KNM (This speculative stock) Jumped from 8 sen to a high of 48 sen (Up 600%)
Those months were breath taking as many RUSHED INTO THE OIL & GAS BULL RUN
Those that entered early and Sold at Peak Price have made 400% to 600%
Of course many only took small profits of 100% to 200% & didn't overstay the over-ripe market after More than One Year
Note: Glove Bull Run only Started in March 2020 only One month young!
NOW THE QUESTION IS?
HOW LONG WILL THIS GLOVE BULL RUN LAST?
To get the Answer let us look back 100 Years to the Spanish Flu Pandemic
The Spanish Flu Pandemic lasted from Jan 2018 to December 2020 for almost 36 months or 3 years
See
The Spanish flu, also known as the 1918 flu pandemic, was an unusually deadly influenza pandemic. Lasting almost 36 months from January 1918 to December 1920, it infected 500 million people – about a third of the world's population at the time.[2] The death toll is estimated to have been anywhere from 17 million to 50 million, and possibly as high as 100 million, making it one of the deadliest pandemics in human history.[3]
Soldiers from Fort Riley, Kansas, ill with Spanish flu at a hospital ward at Camp Funston
HOW LONG WILL COVID 19 LAST?
No one can predict accurately as of now
THIS IS AN INVISIBLE WAR ON ALL NATIONS
WORST THAN THE 2ND WORLD WAR WHERE COUNTRIES LIKE MAINLAND INDIA, NEW ZEALAND, SOUTH AMERICA, CANADA, & SOME COUNTRIES WHERE GERMANS & JAPANESE SOLDIERS DID NOT INVADE
BUT COVID 19 HAS INVADED ALL COUNTRIES WITHOUT EXCEPTION!
AND EVERY NATION HAS GOT TO FIGHT IT
IN YEAR 2018 WHEN OIL PRICES REBOUNDED TO USD70 ALL OIL PRODUCING COUNTRIES BENEFITTED
BUT ONLY ONE COUNTRY BENEFITS THE MOST FROM COVID 19 = MALAYSIA BECAUSE IT COMMANDS 65% OF THE MEDICAL GLOVE MARKET. EVERY TWO OUT OF THREE GLOVES SOLD ON PLANET EARTH COMES FROM MALAYSIA!!
SO THE DEPTH (OF EARNINGS) AND THE HEIGHT OF PRICES YET TO COME IS STILL UNFOLDING
Who would have thought that Stocks like Carimin could go up 600% from 20.5 sen to Rm1.46? Or Dayang up 500% from 50 sen to Rm3.01 or even obscure Penergy could surge a 447% from 34 sen to a high of Rm1.86
Now Top Glove, Hartalega, Kossan & SuperMax the Tier One Glove Have Run Up First
Followed by 2nd liners Comfort Gloves, Rubberex & Adventa
Now Glove Materials providers like LUXCHEM & ES_CERAMIC Started to Join In
In Coming Months we Can Expect Rotational Surge from TIER ONE DOWN TO GLOVE MATERIAL LOWER LINERS AND THEN BACK TO 2ND LINER GLOVES IN A BULL RUN
Each one will SURGE FORWARD, Rest & THEN RECHARGE UP AGAIN AND AGAIN!
So This is Calvin's humble advise
Sell OGSE (NOW GAME OVER AS OIL CRASHED TO USD22 A DROP OF 60%)
Sell Solar Power Stocks (No need to save money by Solar as it is now redundant)
Sell Coal fired power-plants (Oil fallen below coal price)
Sell Real Estate (Retrenchment & Job cuts will lead to lower rental & then lower house prices across the board)
Sell Commercial Reits (Distance spacing will greatly reduce Mall Traffic) PSF rent will drop
Only thing to Keep is Tech stock & those related to NFCP & Ecommerce. Amazon, Alibaba & Lazada now doing roaring business as people go on line
GET INTO GLOVE STOCKS ON DAYS OF WEAKNESS OR PULL BACK. FOR LAGGARDS JUST BUY STRAIGHTAWAY!
THEN HOLD TIGHT AND SIT TIGHT
RIDE THE GLOVE BULL WHILE IT LASTS
BEST REGARDS
Calvin Tan Research
Please buy or sell AFTER doing YOUR OWN DUE DILIGENCE. IN DOUBT CONSULT YOUR REMISIER/FUND MANAGER
Thank you
WISHING ALL AT i3 FORUM FRATERNITY A BULLISH GLOVE YEAR
https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-04-27-story-h1506162454-FROM_TOP_GLOVE_TO_ES_CERAMIC_THE_MOST_POWERFUL_GLOVE_BULL_RUN_IN_MALAYS.jsp
