Post removed.Why?

Post removed.Why?

Post removed.Why?

Sau pei la beary always missed everyday lowest price (ownself trader but say investor)

You want to save on brokerage is it haha

https://www.channelnewsasia.com/news/asia/malaysia-human-trafficking-forced-labour-15139686

Very nice photo op there hehe

https://www.channelnewsasia.com/news/asia/malaysia-human-trafficking-forced-labour-15139686

Very nice photo op there hehe

@gfretard ~ so ...

with vaccine rollout & force labour, US will pay premium ASP this time because ...

Msia weak gov failed to nullify the pandemic, and enforce rds & rds of lockdown ...

hmmm no wonder you're stucked in gloves no business 101

Gloves haven't issue press release if they're open ... if not operational lesser PAT ...

Where's your 9999 haha

Geng. But more you promote here, more become sangkut tangan

Didi erected? Pakai TopFeel kasi support

Yawor nenek meow macam buy what drop what lately ... haha

Beary got so cha or not always miss your bids

Or chui sui only

It's the overall business sentiment ... where is our gov / hr minister???

@pjseow got time go yum ha cha w funds managers , sucb mgmt ... I already warned taipan back then w industry rumours ... dont just calculate till cow comes home

https://www.reuters.com/article/us-usa-humantrafficking-asia/forced-labour-main-human-trafficking-crime-in-malaysia-u-s-says-idUSKCN2E80H6?fbclid=IwAR009zjDwemFGNWJXd5M1zI1H_qkp59lsYEAUKDk9EMT4nBvWUn_HW_A5qw

Nah fresh from the oven from U.S. Secretary of State Antony Blinken

Cases everyday high .. but spmx everyday low

Sign more short more hahaha

Mana petition? Come we help sign la haha

Why epf sold harta 10M shares ??? Pjseow anyone ???

https://www.freemalaysiatoday.com/category/nation/2021/07/02/malaysia-worst-at-treating-migrant-workers-says-activist/?fbclid=IwAR30dYDIMpJyfpQdOc389dunyu6vWpaymbj0x-UZiAVVm7oZYIxgiJ0nopQ

Wah careful sia DISCLAIMER hahaha

Later pjseow want sue msiakini reuters all media for false reporting

Haha ya ...100m legal fees down the drain ... what 11 ILOs ... tipu makan

https://www.ncl.ac.uk/press/articles/latest/2021/06/modernslaverymedicalgloves/

https://www.malaysiakini.com/news/581387

ConfirmBanPermanently LAAA

https://www.ncl.ac.uk/press/articles/latest/2021/06/modernslaverymedicalgloves/

https://www.malaysiakini.com/news/581387

If you glovers IQ so high .... cbp will uplift w the news above ???

Got chance go pm kyy , he learnt and burnt the hard way , in love w gloves FA ...

One qs , why Epf sold 10,000,00 of funds favourite Harta shares ??? Got do homework not

Your 400-500 lots spmx , RM2M ++ dai lan sai ???

Paperloss so much d then sue sue sue ... sor sor dei one

@pjseow come SUE la ban7 !!! It's by Freaking Reuters

You're very amateur by all your analysis... hopeless from 5 to now touching 3 ... surely we trolls outwitted you

The human trafficking rating dented sentiment, be it Gloves , Ata ims , IOI , fgv etc .... thats why funds sell !!! Noob

True , keep in fd better than losing pants in gloves hahaha

Deng ... we just troll only, not happy call Cimb , TA , UOB , Maybank to shoot la , close their accounts la ...

Looking forward to more downgrades hehe

macro outlook, politics, fmco + emco .. vaccine drive ... all against the glove sentiment, you cannot just paper asp crack, there's so many ongoing issues which you conveniently ignore, it's not about PAT or FA ...

@pjseow ... funds are shying away not only due to asp ... until now you're harping on asp, how about cbp, oversupply and fmco under production issues ?

Funds will not buy and sell once US downgraded Malaysia to the worst ranking in human trafficking 

You clearly have no idea how fund works ... esg is v important

https://www.reuters.com/world/asia-pacific/exclusive-us-downgrade-malaysia-lowest-tier-trafficking-report-sources-2021-07-01/

The best is over
ASP has peaked in 1H21 and earnings upcycle seems to have been cut
short with faster-than-expected decline in ASP in 2H21, and shorter lead
time due to moderated demand for gloves on rising vaccination rates.
The US CBP’s withhold release order (WRO) on Top Glove has also
accelerated the decline in ASP as Top Glove is diverting orders away to
other regions with lower ASPs. In recent con-calls with analysts, both
Hartalega and Top Glove have guided for lower ASPs in the coming
months. Intensifying competition among the existing and new players
(especially the rapidly-expanding China glove producers) could further
pressure ASP. According to a Frost & Sulivan report, ASPs for nitrile/latex
gloves are expected to decline by -59%/-52% to USD35/20.4 per 1,000
gloves by 2023, from current USD85/42.7 per 1,000 gloves, respectively.

The best is over
ASP has peaked in 1H21 and earnings upcycle seems to have been cut
short with faster-than-expected decline in ASP in 2H21, and shorter lead
time due to moderated demand for gloves on rising vaccination rates.
The US CBP’s withhold release order (WRO) on Top Glove has also
accelerated the decline in ASP as Top Glove is diverting orders away to
other regions with lower ASPs. In recent con-calls with analysts, both
Hartalega and Top Glove have guided for lower ASPs in the coming
months. Intensifying competition among the existing and new players
(especially the rapidly-expanding China glove producers) could further
pressure ASP. According to a Frost & Sulivan report, ASPs for nitrile/latex
gloves are expected to decline by -59%/-52% to USD35/20.4 per 1,000
gloves by 2023, from current USD85/42.7 per 1,000 gloves, respectively.

https://www.reuters.com/world/asia-pacific/exclusive-us-downgrade-malaysia-lowest-tier-trafficking-report-sources-2021-07-01/

maybank & TA downgraded today ... more to come

I read somewhere @pjseow fav frost & sullivan also downgraded too careful ...

can queue some at 2.80 la ... then SBL to funds

don't care who CL la .. but has been water falling since you promote here ... Gorek ?

pakai gloves tangkap itu ular sawa besar kikiki buat sup sedap

thanks @witan ... noted ok now can have fun trolling these "die-hards"

... based on the current expansion plans of existing glove manufacturers, entrant of new players and aggressive expansion by China, we believe that there is a possibility of oversupply happening in 2022. In our forecast, we expect a surplus of 40.3bn gloves in 2022 (assuming no delays/changes to the targeted expansion plans).

Despite the strong earnings growth, share prices of glove companies have underperformed due to i) widespread of vaccination globally to eradicate the pandemic, ii) lower Covid-19 cases in US and Europe, iii) allegations of abuse of foreign workers, and iv) the expected lower ASP in 2H21. In addition, glove companies are only allowed to operate at 60% workforce capacity under the Movement Control Order (MCO) from June 1 onwards until the end of Phase 1 of National Recovery Plan in Malaysia.

Meanwhile, we downgrade Supermax to Sell from buy with a lower TP of RM2.76 (previously RM6.07).

hahaha TA downgraded spmx RM2.76 !!!

the more you sign petition the more they short hahaha

yalo Ular macam change to dark side ...

pay fat dividend but waterfall ...

haha now not only QR curse ... dividend curse

@witan ~ are you jumping back in at 3.50 ?