Topglove has revised its target dividend payout ratio to 40 per cent from its net profit, up from 30 per cent in previous years.

TOP Glove Corp Bhd (7113) , the world's largest glove manufacturer, saw its net profit for the second quarter to February 2010 double to RM72.3 million year-on-year.

This was attributed to the new sales secured especially from emerging countries and cost-saving measures implemented at all factories.

The quarterly net profit was also higher than the RM70.7 million net profit recorded in the first six months of 2009.

Its sales revenue rose 47 per cent to RM509.9 million during the quarter under review, Top Glove said in a statement.

Top Glove remains optimistic of its future outlook despite ongoing challenges such as the rise in raw material cost and weakening US dollar.

The company has revised its target dividend payout ratio to 40 per cent from its net profit, up from 30 per cent in previous years.

OSK Research Sdn Bhd said the interim results had been expected, given the continuous strong demand for natural rubber gloves.

The firm has maintained its "buy" call and target price at RM15.15.

It is valuing Top Glove at a premium to the industry average due to its leading market share of 22 per cent.

OSK Research also likes the company for having the right product mix (80 per cent natural rubber gloves which is the basic entry for examination gloves) and targeting the right market (developing countries).

"Traditionally, these countries such as Brazil have proven to give significant sales boost to the rubber glove companies once their government implemented the compulsory usage of gloves in their healthcare sector."

The firm said the main risk for Top Glove is when supply catches up with demand. 

When that happens, the rubber glove manufacturers will no longer be able to sell their gloves at a premium price as well as pass on the entire cost rise to their customers in a timely manner.

Top Glove's group net profit for the first six months of 2010 was RM138.8 million, up 96 per cent from the previous first half.

Total revenue for the six months increased 34 per cent to RM982.2 million from RM732.6 million a year ago.

Top Glove has a large customer base spread over more than 180 countries and with a diversified range of products.

What to Do in a Up (Bull) Market?

The stock market often falls under the conditions of the so called bull and bear markets. Intelligent investors are well familiar with the conditions of both and know exactly what to do.

A bull market may make your stock's price increase, from which you can benefit in one way or another.

However, the possibility of your stock becoming too costly always exists since after the up, a down in the price may follow, which may be of an extreme speed.

So, under bull market conditions you can do one of the following in order to counteract the potentially negative effects.

• First of all, you can sell a part of the shares and use the money to repurchase the stock when its price falls again.
• Secondly, you can leave the market work its way through the imbalance with no action from your side.
• Thirdly, you can take advantage of the high prices and sell the stocks for a profit.

Never forget that a market correction will follow that may push the price of your stock below its initial level.

A useful strategy to counteract the negative effects of a bull market is to sell a portion of your stocks at the current bull market price, which will be greatly higher than the one at which you have purchased the stock.

• After the market correction is at place you can use the money you have acquired from the bull market sale to purchase shares at the current lower price. As a result you will have more stocks than you used to have before the bull market.
• You have not only avoided losses but also have reduced your average cost per share.

****Bull and Bear Market Strategies - Damn Bloody Good Gems!

=====

Summary

The post outlines a cautious approach for investors during a bull market, framing the rising prices as a potential risk that requires action to "counteract the potentially negative effects."

Key Points:

• Core Dilemma: While a bull market increases stock prices and provides profit opportunities, it is always followed by a correction that can rapidly erase gains.

• Suggested Strategies:

  1. Sell a portion of shares with the plan to buy back after the price falls.

  2. Do nothing and let the market correct itself.

  3. Sell entirely to realize profits.

• Recommended Strategy: The post specifically advocates for selling a portion of stocks at high bull-market prices. After the inevitable correction occurs, the investor should use the proceeds to buy back more shares at a lower price.

• Claimed Benefits: This approach is said to help avoid losses, increase the total number of shares owned, and reduce the average cost per share.

Critical discussion on this topic - Click here:

https://myinvestingnotes.blogspot.com/search/label/investment%20strategy%20in%20a%20bull%20market

What to Do in a Down (Bear) Market?

The stock market often falls under the conditions of the so called bull and bear markets. Intelligent investors are well familiar with the conditions of both and know exactly what to do. 

Under a down market you have several options.

• One of them is to sell immediately in order to minimize your losses.
• Another option is to let the market work its way through the problem with no action from your side.
• A third option is to benefit from the stock decline and add some more to your portfolio. But, this should be done only if you don't perceive that there is something wrong with the company that has led to the stock decline.

****Bull and Bear Market Strategies - Damn Bloody Good Gems!

=====

Here is a summary of the above post on what to do in a bear market.

The post outlines three primary courses of action for investors during a declining (bear) market.

Key Points:

• Core Premise: Intelligent investors know how to act in both bull and bear markets.

• Suggested Strategies:

  1. Sell Immediately: The first option is to sell holdings quickly to minimize potential further losses.

  2. Take No Action: The second option is to do nothing and wait for the market to recover on its own.

  3. Buy More: The third option is to purchase more shares at lower prices, effectively "buying the dip."

• Important Caveat: The post advises that investors should only choose the third option (buying more) if the stock's decline is not due to a fundamental, company-specific problem.

For a critical discussion on this topic - Click here:

https://myinvestingnotes.blogspot.com/2025/11/what-to-do-in-down-bear-market.html

World's Best Universities: Top 400

February 25, 2010

http://www.usnews.com/articles/education/worlds-best-universities/2010/02/25/worlds-best-universities-top-400.html?PageNr=1

Rank					Overall Score
1	Harvard UniversityUnited States				100.0
Academic Peer Review Score100	Employer Review Score100	Student to Faculty Score98	International Faculty Score85	International Students Score78	Citations per Faculty Score100
2	University of CambridgeUnited Kingdom				99.6
Academic Peer Review Score100	Employer Review Score100	Student to Faculty Score100	International Faculty Score98	International Students Score96	Citations per Faculty Score89
3	Yale UniversityUnited States				99.1
Academic Peer Review Score100	Employer Review Score99	Student to Faculty Score100	International Faculty Score85	International Students Score77	Citations per Faculty Score94
4	UCL (University College London)United Kingdom				99.0
Academic Peer Review Score98	Employer Review Score99	Student to Faculty Score100	International Faculty Score96	International Students Score99	Citations per Faculty Score90
5	Imperial College LondonUnited Kingdom				97.8
Academic Peer Review Score100	Employer Review Score100	Student to Faculty Score100	International Faculty Score98	International Students Score100	Citations per Faculty Score80
5	University of OxfordUnited Kingdom				97.8
Academic Peer Review Score100	Employer Review Score100	Student to Faculty Score100	International Faculty Score96	International Students Score97	Citations per Faculty Score80
7	University of ChicagoUnited States				96.8
Academic Peer Review Score100	Employer Review Score99	Student to Faculty Score97	International Faculty Score77	International Students Score83	Citations per Faculty Score88
8	Princeton UniversityUnited States				96.6
Academic Peer Review Score100	Employer Review Score96	Student to Faculty Score82	International Faculty Score89	International Students Score81	Citations per Faculty Score100
9	Massachusetts Institute of Technology (MIT)United States				96.1
Academic Peer Review Score100	Employer Review Score100	Student to Faculty Score89	International Faculty Score31	International Students Score95	Citations per Faculty Score100
10	California Institute of Technology (Caltech)United States				95.9
Academic Peer Review Score99	Employer Review Score72	Student to Faculty Score87	International Faculty Score100	International Students Score89	Citations per Faculty Score100

Some thoughts on Analysing Stocks (Keep It Simple and Safe).

Ideally a stock you plan to purchase should have all of the following charateristics:

• A rising trend of earningsdividends and book value per share.

• A balance sheet with less debt than other companies in its particular industry.

• A P/E ratio no higher than average.

• A dividend yield that suits your particular needs.

• A below-average dividend pay-out ratio.

• A history of earnings and dividends not pockmarked by erratic ups and downs.

• Companies whose ROE is 15 or better.

• A ratio of price to cash flow (P/CF) that is not too high when compared to other stocks in the same industry.

Early detection can help you save on health cost

By: Vidyalaxmi, ET Bureau

Prevention is better than cure, as they say. The growing health insurance segment bears this truism out, which is witnessing almost 100% claims ratio. Insurers say that some 16 out of every 100 policyholders register claims under the health policy every year. In other words, the cost of treating 16 policyholders is equal to the premium collected from 100.

Insurers have now discovered that they can make substantial money out of health insurance if they can prevent one out of 100 policyholders from falling ill. To this effect, they are now offering freebies like free health check-ups and discounts on gym memberships to policyholders.

The same financial logic applies to individuals as well. For instance, getting a cavity filled in early will help save several times the amount on a root canal treatment. Most ailments requiring surgery do not occur overnight, but build-up over a period of time and in many cases, can be detected early through regular checks.

Doctors say, you almost save up to 50% on health costs with regular check-ups, exercise and balanced diet. The idea is to avoid severe health complications which could also take a toll on your biological as well as financial health.

http://economictimes.indiatimes.com/quickiearticleshow/5688272.cms

Certain stocks can go up more than 50% within a few hours to days.

We all know that in the stock market is always possible to watch certain stocks go up more than 50% within a few hours to days. This is especially true in the 4th quarter of the year where the buying frenzy starts in wall street.

The financial media constantly reports about momentum stocks that are achieving tremendous gains during the same day. And even when you can see online investors that make $3000 on a single trade, it is also not unusual to watch beginner stock investors lose a great deal of money because of a series of unwise decisions

The problem is that if you don’t know how to pick among stocks & how to properly approach them you could end up wasting dollars instead of making your wallet happy. You can’t just trade stocks like if you where gambling in Vegas or Atlantic City.

http://www.nanothailand.org/stock-trading/how-to-buy-and-sell-stocks-in-2009-stock-market-basics-trading-shares-online-2

This combination of tangible and intangible aspects makes picking stocks a highly subjective, even intuitive process.

Workshop Basics Of Stock Picking-

We examine some of the most popular strategies for finding good stocks (or at least avoiding bad ones). In other words, we'll explore the art of stock-picking - selecting stocks based on a certain set of criteria, with the aim of achieving a rate of return that is greater than the market's overall average.

Before exploring the vast world of stock-picking methodologies, we should address a few misconceptions. Many investors new to the stock-picking scene believe that there is some infallible strategy that, once followed, will guarantee success. There is no foolproof system for picking stocks! If you are proposing to attend this workshop in search of a magic key to unlock instant wealth, we're sorry, but we know of no such key.

This doesn't mean you can't expand your wealth through the stock market. It's just better to think of stock-picking as an art rather than a science. So many factors affect a company's health that it is nearly impossible to construct a formula that will predict success. 

• It is one thing to assemble data that you can work with, but quite another to determine which numbers are relevant. 
• A lot of information is intangible and cannot be measured. 
• The quantifiable aspects of a company, such as profits, are easy enough to find. 
• But how do you measure the qualitative factors, such as the company's staff, its competitive advantages, its reputation and so on? 
• This combination of tangible and intangible aspects makes picking stocks a highly subjective, even intuitive process. 

Because of the human (often irrational) element inherent in the forces that move the stock market, stocks do not always do what you anticipate they'll do.

• Emotions can change quickly and unpredictably. 
• And unfortunately, when confidence turns into fear, the stock market can be a dangerous place. 

The bottom line is that there is no one way to pick stocks. 

• Better to think of every stock strategy as nothing more than an application of a theory - a "best guess" of how to invest. 
• And sometimes two seemingly opposed theories can be successful at the same time. 

Perhaps just as important as considering theory, is determining how well an investment strategy fits your personal outlook, time frame, risk tolerance and the amount of time you want to devote to investing and picking stocks.

Prof Rakesh Sud ACA, Grad CWA Director- ACMC (AIMS Center for Management Consultancy) Acharya Institute of Management & Sciences (AIMS) 1st Stage, 1st Phase, Peenya, Bangalore 560058 Karnataka, India www.acharyaims.ac.in Mobile 91 9535159757 Tel : +91 80 2837 6430 / 2839 0433 / 4117 9588 / 4125 3496 sud.rakesh@gmail.com dir.acmc@acharyaims.ac.in

http://events.linkedin.com/Workshop-Basics-Stock-Picking-AIMS/pub/266382