Investing in commodities is something that isn’t easy for many investors. That’s because the trading of commodities tends to be more complex and is commonly associated with higher risk features such as high volatility and leverage. Another way of investing in commodities would be through listed companies that are operating within the industry. For example, if you wish to invest in rubber – an important commodity needed in the production of household items such as tyres, gloves, balloons and condoms, you can invest through some of the listed companies on the Singapore Exchange (SGX). In this edition of 4 Stocks This Week, we look at four rubber companies that are on the SGX and how they have performed over the past 12 months. Top Glove (SGX: BVA) A Malaysia-based company, Top Glove is

Top Glove Corporation Berhad is the world’s largest manufacturer of gloves. It exports gloves to 195 countries and takes up 26% of the global glove market share. Its product portfolio consists of nitrile, natural rubber, and vinyl gloves. The rubber glove industry has experienced tremendous growth throughout the years. If one had invested in Top Glove since they were first listed in 2001 till the 2020 AGM, their total returns including dividends would have been 7,823%! However, the past two years have been a bit bumpy for the entire rubber glove industry and Top Glove has not been spared from the oversupply issues in the industry which have reduced the average selling price of rubber gloves. This industry-wide trouble was apparent in the kind of breakfast provided to shareholders

No.  Counters No. of Shares Market Price (SGD) Total Value (SGD) based on market price Allocation % 1. MTQ 150,000 0.31      46,500.00 34.0% 2. Powermatic Data   18,000 2.60      46,800.00 34.0% 3. Ho Bee Land        300 2.31           693.00 1.0% 4. Warchest         41,000.00 31.0% Total    134,993.00 100% February month has been an excellent month for the portfolio.I sold off my Top Glove towards the end of January at almost the peak at $2.51 and then used that funds to board on the MTQ train, which has also done pretty well this month.For those of you who missed my anal

Top Glove Corporation Berhad manufactures and sells natural rubber, nitrile, and vinyl gloves. It is the world’s largest glove manufacturer with 26% of market share globally and aims to grow its market share to 30% by 2020. Top Glove currently has an annual manufacturing capacity of 64 billion pieces of gloves. Here are 14 things to know about Top Glove before you invest: 1. Top Glove derives most of its sales from its export business to 195 countries. It distributes 20% of its gloves of its own brand directly to end users and through an online platform. Original equipment manufacturing (OEM) gloves contributes to 80% of its product portfolio. Its clients come from various sectors ranging from medical to manufacturing and food processing. 2. Top Glove aims to be a Bursa Malays

The dreaded China market will finally going to reopen tomorrow in what looks to be a massacre sell-off in the market after what most other markets had experienced in the last few days.The China A50 futures are currently down 1000 points from the last closing of 13,800 on 23rd Jan 2020 to 12,700, so we should be expecting a trigger 8% to 10% sell-off when market reopens tomorrow. This should then goes on to continue likely over the next few days as we are likely to see margin calls coming in and sell-off accelerating.For investors who are looking to take opportunity of this correction, there is no better time to get in than probably the last 4 years (last was 2016 China sell-off event) since the entry point is more attractive but given a more cautious outlook.Still, if you do believe that t

Established in 1987, Supermax Corporation Berhad manufactures, distributes, and sells natural rubber and nitrile gloves. The company started off trading and distributing natural rubber gloves and subsequently ventured into glove manufacturing and contact lens manufacturing in 1989 and 2014 respectively. It currently owns 12 glove factories and exports gloves to over 165 countries. I came across an article that discusses how the founder, Dato’ Seri Stanley, his wife, Datin Seri Cheryl Tan Bee Geok, and his sister-in-law, Tan Bee Hong, were found guilty of insider trading in 2018 and are appealing their sentences. The couple was also disqualified from the board. I was curious about the performance of the company without its founder at the helm, and I decided to attend its annual meetin

No.  Counters No. of Shares Market Price (SGD) Total Value (SGD) based on market price Allocation % 1. Top Glove   50,000 1.71      85,500.00 48.0% 2. Straco 100,000 0.65      65,000.00 37.0% 3. Comfortdelgro     8,000 2.21      17,680.00 10.0% 4. Ho Bee Land        300 2.36           700.00 1.0% 5. Warchest           8,000.00 6.0% Total    176,880.00 100% Less: CFD Leverage @ 2.8%    (70,000.00) Total    106,880.00 100% It's the first reporting season of the new year a