Tonight no FB live. Give you this report we did on Hibiscus. It's one of our favourite O&G stock. This weakness may be opportunity to collect.

Hope you enjoy it

Today no Bursasecrets show. As a reward for being patient, here is an exclusive report on another Bursa favourite tech stock. JFTech. Recently the company got a lot of attention due to collaboration with Huawei.

STOCKBIT MALAYSIA FB LIVE - STRATEGY & TOP PICKS 2021

Dear all, we have organized an end of year FB live special on Wednesday 30th December at 8.30pm with @mengteck from Savwee Investment, Warren from @facademy & David Poh from Spiral Thinker to discuss:

- A quick look of the year of 2020
- Strategy for 2021 - sectoral choices, cash vs equity ratio, etc
- Top Picks for foreign stocks (if any)
- Top Picks for Bursa Malaysia

Don't miss this out! It will be streamed live from our fb page.

https://linktr.ee/stockbitmy

Tomorrow night I will not be doing FB live on Savwee page as I will be appearing as guest speaker at Stockbit page. Will talk about 2021 stock picks

If your investment is in losses now, you must watch this video..
What is RSS, IDSS?
What to do when you are stuck in stocks?
How to be a super investor?
https://www.facebook.com/savwee.my/videos/202945107912378

This is the list of companies that are in the eligible for short selling list. I will invite Lucas to share more about this short selling capability soon

$D&O - it's been a month since Stockbit Malaysia held an investor briefing with the management of D&O and the share price had shot up over 50% since.

Many stockbitors had benefited not just from the return of the share price, but more importantly - the conviction on their investment from understanding the business and its future outlook.

Conviction and knowing the business is arguably the most important aspect of any investments.

We will continue and try to narrow information gap between retailers and Malaysian corporates through our various platforms in 2021.

In the meantime, if you wish to know and discuss about D&O, Stockbit is the place to go: https://my.stockbit.com/#/symbol/KLSE-DO

Since the investor briefing we organize the other day, D&O bhd share price ran up 50%! This goes to show the importance to close the information edge.

What theme will be the next "glove & tech" in 2021?
What strategies are we using to tackle them?
Guest Speaker : Lucas
https://www.facebook.com/savwee.my/videos/1029728017533007

6 Jan 2020 Top Glove AGM Summary
1. ASP in Q2FY21 is expected 30% higher than Q1FY21. The whole industry players in gloves manufacturing agreed that the ASP will remain strong for year 2021.
2. Delivery period increase from 30~40 days previous to 560 days and 370 days for nitrile and natural rubber gloves respectively. Note: Nitrile and natural rubber gloves comprises of around 90% of Top Glove revenue in FY20.
3. US gloves stockpile reduced from 16.9 billion pieces to 2 billion pieces in October 2020.
4. Some Top Glove customer stockpile for gloves reduced from 2~3 months to 1~2 weeks.
5. Top Glove is exporting gloves to 195 countries currently.
6. Top Glove has enough raw material for continuous manufacturing of gloves.
7. Top Glove expects new players in gloves manufacturing facing issues from factory installing, workers and raw material issues.
8. Dividend payout for Q2, Q3 and Q4FY21 will be 70% on PATAMI.
9. Reason for share buyback (SBB) is because Top Glove thinks their company is undervalued at the purchased price and expects better return than putting into FD which gives 2% only. The amount of SBB is only 2.15% from the allowed 10% threshold.
10. Top Glove has 4 billion cash as of 31 Dec 2020.
11. US Border issues will be resolved when the independent international consultant verified the hostels and accommodation meets the required of Workers Housing Act 446.
12. All Top Glove factories that has been affected by Covid-19 lockdown has been resumed operations as of 20 Dec 2020. The lockdown is expected to impact 4% of the total revenue and profit.
13. Top Glove is spending 100 million for next 3 years to build hostels for 7300 workers and using 95 million to acquire new apartments for 2700 workers.
14. Top Glove is moving towards automation direction which previously 1 million gloves need 8 workers and now only 1.6 workers.
15. Top Glove current factory utilization rate is 95%.
16. Malaysia will remain the focus ground of gloves manufacturing activities at the same time expanding their existing foreign manufacturing plant.
17. Top Glove Hong Kong listed is expected around mid 2021.
18. Top Glove aims to achieve Fortune500 by 2035 with an expected CAGR of 20%. Note: Top Glove current CAGR is 28%.

This is the summary we've obtained from attending Topglov AGM

MCO 2.0 : Glove comeback?
What's different this time?
https://www.facebook.com/savwee.my/videos/2781629245429955

Tonight no FB live but I made a super good infographic that will be very helpful to guide you on how to read news of a company and decide whether to trade or not.

My team attended VS Industry & UWC Bhd AGM, this is what we heard from the management sharing..