Geek2020

Geek2020 | Joined since 2020-11-02

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Stock

2021-01-05 19:27 | Report Abuse

Treasury shares cancellations also an indication that Supermax’s EPS is going to be superior.

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2021-01-05 19:26 | Report Abuse

Today was CIMB corporate day la where many Fund Managers attended. The price went up because FM’s came in to buy. Not any pump and dump. We will see more coming in. First, next QR. Then, US news..

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2021-01-05 17:59 | Report Abuse

Cancellation of Treasury shares mean lesser issued share capital. Lesser shares will increase the EPS.

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2021-01-04 21:41 | Report Abuse

Whatever shorted must be bought back. If the funds wants to exit because they think gloves no longer profitable, they would have just sold it. They wont short sell because short sellers must buy back the stock albeit at a lower price. So its important to know difference between short selling and take profit. They will only short stocks that they know will eventually go higher to make money both ways

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2021-01-04 21:40 | Report Abuse

Whatever shorted must be bought back. If the funds wants to exit because they think gloves no longer profitable, they would have just sold it. They wont short sell because short sellers must buy back the stock albeit at a lower price. So its important to know difference between short selling and take profit. They will only short stocks that they know will eventually go higher to make money both ways.

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2021-01-04 18:42 | Report Abuse

Tomorrow CIMB corporate day. Today Credit Suisse Asean presentation. Funds will soon come in after getting 2021 numbers and corporate presentation. If few funds decide to scoop due to valuation, we will see some good show

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2020-12-31 19:14 | Report Abuse

EPF buying Topglove. Could be EPF buying into Supermax too. That can explain 4:30 show today

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2020-12-31 19:13 | Report Abuse

Topglov
change
No of securities
Type of Transaction Nature of Interest
1 28 Dec 2020
9,000,000
Acquired Direct Interest
Name of registered holder Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board
Address of registered holder Citigroup Nominees (Tempatan) Sdn Bhd Level 42, Menara Citibank 165, Jalan Ampang 50

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2020-12-31 16:25 | Report Abuse

Probably can close Green

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2020-12-31 10:23 | Report Abuse

Got buying support

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2020-12-31 09:54 | Report Abuse

It cant move unless Stanley does something.. too many shorties sitting on his stock. Unless he is with the shorties..

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2020-12-31 09:49 | Report Abuse

Even Mercator can close green for 2 days..

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2020-12-30 23:13 | Report Abuse

http://www.medicaldesignandoutsourcing.com/fda-adds-to-pandemic-related-shortage-list/

US FDA lists nitrile, latex and vinyl gloves as the first in the list for shortages. Updated as 23/12/2020

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2020-12-30 23:12 | Report Abuse

http://www.medicaldesignandoutsourcing.com/fda-adds-to-pandemic-related-shortage-list/

US FDA lists nitrile, latex and vinyl gloves as the first in the list for shortages. Updated as 23/12/2020.

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2020-12-30 16:47 | Report Abuse

Adios brothers.. see u all in Topglove if some of you are there..all the best

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2020-12-30 16:47 | Report Abuse

Im out from Supermax. Moving to Topglove. Cant sit in a counter where the boss dont give a shit. At least LWC is throwing everything to support his stock.. I don’t know what Stanley Thai is waiting for

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2020-12-30 16:39 | Report Abuse

Mercator continuing rebound

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2020-12-30 16:32 | Report Abuse

Dont think it can move significantly without SBB. Kossan, Topglove has done it but Supermax management is just trying to ride on their buybacks.

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2020-12-30 09:40 | Report Abuse

TS Lim’s family bought almost 30M shares of Topglove yesterday and announced late at 7pm. Therefore today suspended for one hour only..

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2020-12-29 17:49 | Report Abuse

Mercator also can be up 6%

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2020-12-29 17:48 | Report Abuse

Mercator pun boleh up 6%

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2020-12-29 17:46 | Report Abuse

https://focusmalaysia.my/top/top-glove-rescinds-controversial-allowance-after-backlash/

Aiya Tan Sri, you buy full page ad in the Edge but not in Focus. Come on.. just throw the bones. They will keep quiet

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2020-12-29 16:26 | Report Abuse

In all my years of almost 30 years in Bursa i have never seen such concerted attack on gloves by shorting it. The attack is well coordinated with the media helping them. The astronomical share price rise has caused some very upset people. TS Lim’s open challenge to bankers probably caused this. They want to teach glove bosses a big lesson. They are successful so far. Newslow on gloves has been negative past one month at the very least. Brace yourself as the shorties will continue to short until there is a reversal.

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2020-12-29 16:17 | Report Abuse

Now you know what type of a wanker Arsene is.. always got big news but to nothing..

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2020-12-29 16:16 | Report Abuse

Hold on tight guys. Announcement on more details from US contract soon.. as per the previous announcement to Bursa..

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2020-12-28 21:34 | Report Abuse

Looks like Supermax is no longer in the list

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2020-12-28 18:07 | Report Abuse

Based on cross data, most selling coming from foreign funds. Selling is expected from foreign funds due to adverse publicity on ESG issues. I urge Topglove and Supermax make an official statement on ESG matters and restore confidence among foreign funds.
Once this is resolved soon, we will see it fly again.
The labour issues must be managed by Topglove. It is pulling the entire glove sector and IB sees this as perfect opportunity to short the stock.

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2020-12-28 18:07 | Report Abuse

The labour issues must be managed by Topglove. It is pulling the entire glove sector and IB sees this as perfect opportunity to short the stock.

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2020-12-28 18:05 | Report Abuse

Based on cross data, most selling coming from foreign funds. Selling is expected from foreign funds due to adverse publicity on ESG issues. I urge Topglove and Supermax make an official statement on ESG matters and restore confidence among foreign funds.
Once this is resolved soon, we will see it fly again.

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2020-12-28 12:00 | Report Abuse

This is the result of money wanting to make quick buck from AT’s stunt of 50Cents had gestures..nothing got to do with fundamentals.

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2020-12-27 21:48 | Report Abuse

Overcapacity is a non issue. White gloves are latex gloves. Non medical grade.

Blue is usually nitrile glove powder free medical grade. Nitrile is fully sold out until end of 2021 for all the existing producers.

When new entrants make plans to enter glove market, the main question is what gloves they produce?

Supermax has superior infrastructure and network on their OBM model. Existing customer lines and contracts. Soon, Supermax will be a US company. Long story short, overcapacity doesn’t concern Supermax

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2020-12-27 15:48 | Report Abuse

Mereka itu adalah Brightway dan bukannya mana mana gergasi 4.

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2020-12-27 12:09 | Report Abuse

Stingy management is good. They are careful with money. Im happy with that. I never heard supplier suing them in court for non payment. Otherwise they have to report material litigation. So i wonder who has been taking cock for months and days here

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2020-12-27 11:53 | Report Abuse

Sometimes you have to get the hint in catching before the the prices follows. In April Stanley did SBB at 1.70. Prices started to move exponentially after that. Now the news release is about US expansion ans Delaware HQ. Get the hint. Supermax is his baby. He built it from scratch from 1987. He wont go to US without nothing.

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2020-12-27 11:43 | Report Abuse

Supermax is superior in its ESG. If PBB can reduce TopG for ESG issues, Supermax should be given better TP. Supermax is still very much an unsung hero with mountains of prospects. Sooner of later market will recognize this. OBM King Supermax. Based on the news the factory is in Port Klang. Supermax is in Meru. Careplus is in Negeri Sembilan. Can safely exclude them.