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2021-07-17 11:48 | Report Abuse
I don't have statistics to show.
But I can imagine the cost of manufacturing in China cannot be lower than in Malaysia.
If China can beat us in glove manufacturing, they would have done so years ago when their manufacturing costs were much lower.
There must be reasons why Malaysia remains unchallenged as the world's No.1 for so long.
2021-07-17 11:38 | Report Abuse
https://www.youtube.com/watch?v=ROHqbe74G5M&ab_channel=ABCNews
Hold your valuable glove stocks tightly.
There is no need to worry about short term price movements.
The share price will explode when all glove companies show that they are able to sustain current earnings for the next few quarters.
This will happen when panic orders start rushing in now that in all likelihood factories can run at 100% capacity when all workers are fully vaccinated.
The beauty is ASP doesn't even need to rise for that to happen.
Of course it will so much better if ASP rises.
Remember, this is your chance to win big.
There is no need to look at the share price movements every minute.
This bullish trend reversal could take months to complete.
All you need is patience and a cool head.
2021-07-16 09:24 | Report Abuse
The short sellers pants are on fire.
Price could spike at any moment.
Lol...
2021-07-16 09:15 | Report Abuse
Yesterday the short sellers only managed to cover a negligible 0.02% of the shorted shares for both TG and SPX.
TG 2.67% to 2.65% now
SPX 2.46% to 2.44% now
This could mean the price rise yesterday was caused more by new investors buying in than short sellers covering their shorts.
2021-07-15 15:35 | Report Abuse
TG about 219mil shares outstanding.
SPX about 67mil shares outstanding.
Those are huge holes to cover.
Lets check tomorrow how many shares they managed to cover today.
2021-07-15 15:27 | Report Abuse
The volume is not big at all.
This means the short sellers facing difficulty finding sellers.
They will have to bid higher and higher prices.
2021-07-15 15:07 | Report Abuse
Remember this.
You will lose sometimes.
But when you win, you want to win BIG.
2021-07-15 15:05 | Report Abuse
Don't get overly excited over such a small ripple lah.
This is just the beginning of a huge wave.
Be brave, sit tight and enjoy the ride.
2021-07-15 09:05 | Report Abuse
Diuu...why no gap down???
Thought got chance to average down more.
SIGH.....
2021-07-14 21:09 | Report Abuse
Windfall tax is akin to killing the goose that lays the golden eggs.
They think the glove factories can only produce gloves in malaysia is it?
There are many other countries with abundant labor supply and better corporate tax rate which the companies can relocate to such as Indonesia, Thailand, Vietnam, Cambodia or even Bangladesh.
Another short term gain long term pain policy.
Can say goodbye to FDI lah.
Existing foreign investments may also want to consider moving out too if this windfall tax is implemented.
Only the banks have no choice lah cannot move anywhere hahaha...
2021-07-14 20:55 | Report Abuse
Luckily my investment fund is not exhausted yet.
Still have 41% remaining to average down.
Lol...
2021-07-14 19:11 | Report Abuse
https://www.freemalaysiatoday.com/category/nation/2021/07/14/windfall-tax-a-must-during-pandemic-says-dr-m/
https://www.nst.com.my/news/nation/2021/07/708309/re-introduce-windfal...
No wonder this afternoon prices all made u-turn.
Tomorrow all red lah.
2021-07-14 13:09 | Report Abuse
No lah pjseow.
To me this is just the beginning of a long and bumpy ride.
I don't expect it to shoot up like a Long March rocket.
I imagine this uptrend can last until year end (winter).
Of course I will do some trading along the way to try and lower my average price.
2021-07-14 12:12 | Report Abuse
Those who loves chicken feed can disembark now.
Those who loves abalone and shark fin soup can remain on board.
Lol....
2021-07-14 11:57 | Report Abuse
https://www.youtube.com/watch?v=gwap6xXwgsQ&ab_channel=CBSEveningN...
Doomsday scenarios playing out here and around the world.
Worldwide famine and starvation will follow.
Do you know what are the high probability events in such a crisis which we can take advantage of?
As the saying goes...there are opportunities in crisis.
2021-07-14 11:57 | Report Abuse
Strange, today old men harta and kossan leading the way.
2021-07-14 10:17 | Report Abuse
From now on the US, UK and EU don't care about number of cases.
They will only care about hospitalization and death numbers.
So you can imagine cases will soar and glove demand will fly.
My imagination again....lol.
2021-07-14 10:13 | Report Abuse
The spring is winding tighter and tighter and tighter.
The longer the winding the stronger the force when released.
Lol...
2021-07-14 09:31 | Report Abuse
https://www.youtube.com/watch?v=RXpkyduerKk&ab_channel=CNN
Republican vs Democrat
The winner is .......Covid 19.
Correct or not???
2021-07-13 20:58 | Report Abuse
Do you realize that on per capita basis Malaysia is far worse than Indonesia?
And the worse is yet to come.
You better save your fake tears for Malaysia.
Lol...
Do not be shocked if situation here becomes like in India a few months ago.
2021-07-13 20:17 | Report Abuse
If that is their plan that means they do it purposely lah isn't it?
purposely....to do it for a purpose.
They didn't do it unintentionally.
2021-07-13 19:35 | Report Abuse
ToneeFa, they are not stupeed.
They purposely do it to get people infected so herd immunity can be achieved.
They will continue doing so as long as their hospitals are able to cope.
It is very risky though and can get out of control like in India.
2021-07-13 16:56 | Report Abuse
Looks like glove counters have found bottom.
Only about 60% invested.
Most probably no chance to average down until 100%.
Might deploy some of the remaining fund to other sector.
Maybe to plantation
2021-07-13 16:45 | Report Abuse
You see what I mean or not?
Just look at the motivation the chickens got when one or two of you respond to them???
When you ignore them they are dead chickens.
2021-07-13 16:34 | Report Abuse
I suggest we also FLAG comments by glove investor which respond to the chickens comments.
OK?
2021-07-13 16:22 | Report Abuse
The chickens motive is to irritate the glove investors here.
If you guys respond to them that means they have succeeded in their mission lah.
You want to reason with chickens about what is right or wrong meh?
Just FLAG ang IGNORE lah.
Never respond/engage.
2021-07-13 16:18 | Report Abuse
https://www.youtube.com/watch?v=8th9PvsbXho&t=91s&ab_channel=S...
"States can't keep closing down for those who refuse to be vaccinated"
See???
Now Australia also talking about adopting the LET THEM DIE strategy.
Now you believe Beary or not???
2021-07-13 11:51 | Report Abuse
https://www.youtube.com/watch?v=3ogEHjL27vg&ab_channel=CNBCTelevis...
https://www.youtube.com/watch?v=D5u11-l0f1k&ab_channel=NBCNews
This should send a chill down the spine of short sellers.
Tick tock tick tock...
Time is running out....
LOL...
2021-07-13 11:25 | Report Abuse
https://www.youtube.com/watch?v=_uyWrHYH83Y&ab_channel=CNBCTelevision
The LET THEM DIE strategy steaming full speed ahead.
Open up as long as the hospitals can cope.
The one and only strategy left.
Until the hospitals are overwhelmed that is
2021-07-13 10:35 | Report Abuse
Well done comrades.
Chickens not welcome here.
Just FLAG and ignore.
Never respond/engage.
Let them feel unwanted and depressed.
Hopefully go and commit suicide.
LOL...
2021-07-13 09:45 | Report Abuse
Diu loh....Israel to begin giving booster shots.
Sure US, UK, EU will follow one.
Like that where got enough vaccine for the world leh?
How many country can afford to give booster shots after every 6 months huh?
Bad news for vaccine = good news for glove correct or not?
2021-07-13 09:09 | Report Abuse
aiyah...so fast all green ah?
Not yet get my kossan leh.
Only got comfort yesterday.
Buy until laugh oh...
lol...
2021-07-12 15:35 | Report Abuse
Failed to get Kossan last week.
Hope can get today.
Comfort too.
Hahaha...
2021-07-12 15:34 | Report Abuse
You say run.
I say buy more.
You are fearful.
I am greedy.
Time will tell who is right.
Lol....
2021-07-12 13:55 | Report Abuse
Trump said "The Cure Cannot Be Worse Than The Disease".
The democrats vilified him.
Now they are adopting it.
How the world has changed.
2021-07-12 13:47 | Report Abuse
https://www.freemalaysiatoday.com/category/nation/2021/07/12/researchers-propose-plan-to-target-spread-of-virus-get-economy-going/
This is exactly the LET THEM DIE strategy which has been adopted by UK, US and EU that I am talking about.
This could be the only choice left for the world otherwise more people will die due other causes such as starvation and depression.
2021-07-12 12:23 | Report Abuse
pjseow, harta boat is coming back for you.
This is your chance to get on board.
Lol...
2021-07-12 12:17 | Report Abuse
https://www.youtube.com/watch?v=7Twd-DTVHqI&t=304s&ab_channel=CBSNews
So vaccination has now become political in US?
Replubican 50% vs Democrat 50%
In the end virus wins.
2021-07-12 11:51 | Report Abuse
Examples of high probability events :-
-Short sellers cover their positions.
-Pandemic gets out of control.
-Worldwide glove shortage due to MCO in Malaysia.
-Rise in vaccine breakthrough infections.
-Emergence of new vaccine resistant virus variants.
-Booster vaccine shot needed after every 6 months.
-Feel free to add more.
2021-07-12 11:38 | Report Abuse
Always be on the look out for high probability events.
Bet big if the odds of such an event happening is high.
You can never be correct all the time.
But when you are correct, you want to win big.
Need I say more?
What is the most probable event that is most likely going to happen in the near future?
2021-07-12 11:30 | Report Abuse
Bull trap?
You expect the price to shoot up like long march rocket ah?
2021-07-12 11:03 | Report Abuse
Just flag and ignore the chickens.
Do not respond/engage them.
You copy & paste their comments some more, that is stupeed.
SIEN.
2021-07-11 16:38 | Report Abuse
Lets see if people wear gloves to the euro final at wembley.
If only the goal keepers wear gloves then no need worry lah.
The pandemic is confirmed over.
According to gohkimhock.
LOL....
2021-07-11 12:48 | Report Abuse
UK and US ( EU will follow later) know that it could take years to achieve herd immunity by vaccination alone.
They will always be those 30+% who refuse to be vaccinated.
The simple answer to that is let them die.
That is simple common sense isn't it?
2021-07-11 12:35 | Report Abuse
Can't you guys smell a rat when the UK and US want to open up without any restrictions with vaccination rate less than 50% in the case of US?
Why do they lift the mask mandate?
Is it so difficult to wear a mask?
They are indirectly encouraging their people to get infected so as to achieve herd immunity asap.
Your life is the least of their priority.
Hospitalization and deaths will rise exponentially in the months ahead.
2021-07-11 12:05 | Report Abuse
If they had allowed the original virus run its natural course, the pandemic could be on its tail end by now.
Of course many millions more people would have died lah.
Short term pain long term gain?
With vaccinations and lock downs, we are prolonging the pandemic and if the virus breakthrough vaccinations, it could result in even more deaths in the end.
Short term gain long term pain?
We are not out of the wood yet, only time will tell.
2021-07-11 11:21 | Report Abuse
Of course they will not say it openly lah....want face mah.
But the directions UK and US are going seems to point to that isn't it?
They seem to gamble on achieving herd immunity before winter comes.
That means let people die lah.
Do you think they will succeed or not ah?
2021-07-11 11:09 | Report Abuse
Careful oh...
They might decide it is cheaper to just let people die!!!
If this happens, would it be positive or negative for glove counters leh?
2021-07-11 11:04 | Report Abuse
Aiyoyo....pfizer vaccine now needs booster shot after 6 months ah?
1 shot every 6 months for how many years?
Needless to say other vaccines also same lah.
Like this all countries can go bankrupt loh just paying for the vaccine.
How ah?
Stock: [SUPERMX]: SUPERMAX CORPORATION BHD
2021-07-17 12:11 | Report Abuse
gemfinder, gloves are not for you.
There is no need for you to come and pour cold water on glove investors.
Glove counters are not punching bags for you to let off steam when you lost money elsewhere.
Go and find your "gems" at airasia and genting.
Come back only when you see people wears gloves to football matches.
LOL....