Judging by Topglove’s QR, Supermax QR will suffer the most since ASP hike was fastest for Supermax

November QR not going to be pretty. Shorties will push it down further by then..

Any idea when is QR for Supermax?

Yup cover a bit and short again

This is how they trap us.

Buy slowly people. They still can short

Dividend sudah masuk. Reload the gun

Coal prices hitting the roof in China. Pushing cost higher for China glove factories

https://twitter.com/tradev1ew/status/1442859600370307078?s=28

Coal prices hitting the roof in China. Pushing cost higher for China glove factories

Tomorrow tech stocks going to fall like hard bricks. Nasdaq in deep red particularly semiconductor sector. Money has to move to yields and what sector offer yields? Gloves!

Give it next few days to see if can break resistance levels at 3. Dont sell to shorties just yet

https://www.theedgemarkets.com/article/malaysias-exports-184-yoy-august

Unlike what our analysts have painted, exports are still up 18% yoy.. not doomsday like what they say

Ministry of HR finally agrees to bring foreign worker issues to cabinet. Good news for glove companies

Epf just bought 1 mil shares of Hartalega..

On a day PM announced grand plan about RMK-12, IB still pushing KLCI to close Red. Embarrassing act

RSS latest apa macam?

Shortist testing waters.. pushback at 2.23 quite strong..

Just hold till year end, optimistic that US contract is on the pipeline. US would want to close deal by winter season.

Shorties are being cautious. If one big fish closes short position, it can be a squeeze..

Gloves correction overdone..

Supermax cannot be equated with others. Supermax is in a unique position with their presence in US. In anyway, at this price level, the dividend yield is astounding

Im a glove trader. Market is stagnant at USD 40-45 which is much higher pre pandemic. Demand has not slowed. US shipment still robust.

https://www.infectioncontroltoday.com/view/deal-opens-door-to-production-of-over-2-billion-nitrile-gloves-in-u-s-

Why i say this is because Maxter Gloves has build their HQ in US. Biden has also said that US government budgeted USD30B for healthcare budget alone. Plus with US wanting to stockpile with locally sourced gloves. Stanley has been not doing SBB for a long time. He is known to be a man who builds business organically. Fund managers should engage with him for a conference call before downgrading entire sector. Bro, 3 billion cash pile la wei. Don’t ignore that

Supermax i think will surprise market soon with their US venture. If they can lock price is with US government, which im confident they will, then it has to be re-rated.

Winter coming..

Supermax may still surprise everyone with a long term US government contract with locked price, so they wont be susceptible to ASP decline. This is no secret as Supermax made announcement few months ago that details will soon come

Should be the bottom. Gloves are trading at usd 40 per 1000 pieces for almost 2 months now..

If Stanley says he is acquiring a semiconductor factory, Supermax will jump 100%.. haha

Instead of worrying about windfall tax, capital gain tax will cut every sector. In already a weak market, gomen is in Lalaland..

Capital gains tax will have more impact on the market in already weak Bursa. Gomen is living in lala land i think. As if our market is doing fantastic.

Eh what happened to Serba? EY cleared SIR already??

I have been a Glove pessimist since early this year but I think the selling is overdone due to persistent RSS. Market currently ignoring the cash pile that Supermax is sitting on, has no debt, profitable few quarters ahead.

Comfort’s QR shows that though ASP is lower but sales volume picking up. Topglove’s QR isn’t reflective of the whole sector. I still like Harta and Supermax at the current prices

Better for Stanley to privatize Supermax than surrendering mkt cap to the shorties.

Bursa wants RSS money at the expense of local people and funds.. Only bossku berani to say this to protect retailers.

Those panic selling now only helping shorties to make money.

Buy on weakness and sell on strength

Sell on strength and buy on weakness.

The stock will continue to be shorted until the market finds a footing for glove stocks. Only then shorties will buy back and close position

If EY clears Serba it will fly like no tommorow. Risk v reward analysis makes it worthwhile to take a stake in this company

Send email is good but twitter is better. Tag Tengku Zafrul, Bursa and PM.

RSS only benefits JP Morgan, Morgan Stanley, etc etc. foreign funds manipulate local market and bring back money to their country. What is the use of this manipulation except for Bursa to earn some fees. South Korea has suspended short selling for some time now. Has the stock market suffered from liquidity issue there? No!

We cannot lose our home just because busy chasing foreign funds to come. They are here just to suck blood. Chase quality long term foreign funds not this leeches

Cukai durian runtuh is better than RSS.. tax amt can be managed and adjusted by the company. RSS is pure manipulation

Jib gor talks about banning RSS for 6months! I miss his time as PM when market flew high

Ah Jib gor talks about banning RSS for 6months! I miss his time as PM when market flew high..

Kossan sudah hijau

Awang’s stock kena force sell kaw kaw.. serba on sale

Most of the funds wants to see Topglove’s QR first before deciding what to do next. Windfall tax is pure BS. MOF clearly has said many times its not happening