Suddenly no more sellers who want to sell RM 7.50. Really a lot of sharks playing supermax

Some of sharks shares bought by shares buyback, haha. They have not choice but to buy expensive shares

Today become superman again. Bullish again.

Buy or stay sideline just don’t buy call warrants. IBs issued call warrants are like bankers, you are players. How to beat bankers?

Buying call warrant is worst than playing in casino. I would say playing in casino has higher chances of wining than these call warrants issued by sharks due to super high premium and short maturity. Bursa should do a survey and see how much investors have lost in call warrant per year and banned these call warrants.

Yes. Don't by call warrants. IBs issued call warrants are like bankers, you are players. How to beat bankers? When MQ issued call warrants, they will issue reports giving high TP, after some times they downgraded TP, and some hidden hands sell big causing good counters like TG and Super to crash, and ikan bilis who bought crying to the banks...


Mabel Please boycott all call warrant especially MQ..

Mummy and Daddy said focus on the mother Shares. Don't give your money to IB. IF you still want to play warrant, go for the WA warrant..

Meow
11/09/2020 1:54 PM

Agreed. Just read and digest and do some homework. KYY is rich. He can continue buying last few days, not like some, bought few only then crash kena margin call and loss big. He will not tell you when to sell. He will tell you after he bought cheap, like big funds bought last few days.


.......................
GiantPanda Kxy is a piece of disgraceful disgusting despicable old shit lower than low life

If you blindly followed its shit to sell/buy & get conned cheated one time, Damn kxy

If you blindly followed its shit to sell/buy & get conned cheated two times, Damn you and God damn kxy

If you blindly followed its shit to sell/buy & get conned cheated many times, God damn you and God damn kxy go to Hell
11/09/2020 1:47 PM

Freetospeak, i am with you since Super is RM 3-4 leh. I am still here even i sold some 60% before bonus, the rest are free shares and added more last few days during crash. Thanks for your good writeup otherwise i would have sold Super at RM 10 long ago. Waiting for your motivational words.

Uncle KYY surfaced again. Where is sifu freetospeak sifu?

https://klse.i3investor.com/blogs/koonyewyinblog/2020-09-11-story-h1513436483-Good_opportunity_to_buy_glove_stocks_Koon_Yew_Yin.jsp

Good catalysts for price to continue uptrend. Just don't buy risky warrants by IBs will do lah.


......................
Arsenewenger8383 1.TG announce PAT > 1 billion on 17st sept
2. Covid 19 new cases spike up in US from 21st onwards due to labor day celebration on 7th sept, school and college reopen
3. Global cases spike up again.. UK, FRANCE, GERMAN...
4. ISRAEL Lockdown again due to cases spike up.
5. INDIA will break 100k cases per day by next week.
6. Oxford vaccine 3rd phase test on hold.
7. The most biggest news.. SUPERMAX announce PAT > 1 billion in Oct.

Super limit up price is RM 7.93.

Careplus limit up price is RM 2.62.

Very obvious hedge funds are playing this as they like big cap stocks with big liquidity. When Super and TG bought back so much shares, they know they cannot bring down shares anymore and they have collect enough also due to panic selling last few days...

The party has just started again. History repeats again...

yeah lah. Hng33 sold so fast meh, party just started.

This will continue to run before TG results. Old fox kyy bought?

TG price more steady. Very likely they will declare very high dividend that will exceed expectation besides good profit

Rally just started ahead of next week TG results. Timing just nice. This is game play by big funds.

No looking back below RM 6 again. Freetospeak, we need you to be back

Big players cannot continue to sell as they have no more tickets and both super and tg bought back so much and they can continue to buy as they have so much cash

See, our super traders like Charles and Hng33 also back. This means very oversold, haha

At this price ok to buy not ok to sell. I grabbed more below RM 6 again, buying every day if got chance...

Look like mgt knows more than IBs. Hedge funds are playing these glove stocks with very good liquidity and mkt cap... Just be careful. don't buy warrant, don't buy on margin and borrowing. I still have 30% cash in my portfolio. As such i still will buy if cheap...

7113 TOPGLOV TOP GLOVE CORPORATION BHD
Immediate Announcement on Shares Buy Back
Date of Buy Back : 10/09/2020
Description of Shares Purchased : Ordinary Shares
No. of Shares Purchased : 14,930,000 shares
Minimum Price Paid For Each Share Purchased : RM 6.120
Maximum Price Paid For Each Share Purchased : RM 7.400
Total Consideration Paid : RM 99,934,285.00
No. of Shares Purchased Retained in Treasury : 14,930,000 shares
No. of Shares Which Are Proposed To Be Cancelled : 0 shares
Cumulative Net Outstanding Treasury Shares As At To-Date : 18,306,800 shares
Adjusted Issued Capital After Cancellation : 8,133,314,774
Date Lodged With Registrar of Company :
Lodged By :

Wah, RM 36 million shares buy back. Last time shares back were around March or Apr, i also cannot remember. That was the time i bought a lot of Supermax. Sold most before bonus, started buying back this week, timing maybe not be so good but i am happy with it...

7106 SUPERMX SUPERMAX CORPORATION BHD
Immediate Announcement on Shares Buy Back
Date of Buy Back : 10/09/2020
Description of Shares Purchased : Ordinary Shares
No. of Shares Purchased : 5,488,000 shares
Minimum Price Paid For Each Share Purchased : RM 6.060
Maximum Price Paid For Each Share Purchased : RM 6.600
Total Consideration Paid : RM 36,012,160.48
No. of Shares Purchased Retained in Treasury : 5,488,000 shares
No. of Shares Which Are Proposed To Be Cancelled : 0 shares
Cumulative Net Outstanding Treasury Shares As At To-Date : 143,264,000 shares
Adjusted Issued Capital After Cancellation : 2,720,619,520
Date Lodged With Registrar of Company :
Lodged By :

Where is freetospeak sifu?

Why scold OTB. Share mkt is unpredictable. This sell off is like March 2020. Whoever bought aggressively in mid March 2020 are launching to the bank. I started buy glove stocks in March 2020 and many others which has gone up more than 50%...

Charles made a point. PE 8 i am also ok lah.

Tomo i continue to buy below RM 6. Today not bought enough, as all shares below RM6 were taken very fast, my fat finger slow. Will gueue RM 6, 5.9....till RM 5


---------------------------
CharlesT PE 10 for FY 2021 also rm10 lah

Haha, hng33 wanted to buy cheap. This morning just bearish, then change tone to bullish and bought supermax...

Look like old fox kyy bought again at cheap price...

Today actually most glove counters can limit down if big players wanted to as sentiment are so it did not but it did not. Most bilis already cut hands and legs. I believe today is bottom. Europe covid cases on the rise, US also on the rise lately (US and Brazil cases are manipulated) and less testings partly due to hospital also cannot cope and its stupid president.

Sife freetospeak, any view to share? To me i sold around 65% of my shares in Super and TG before bonus issue and i started buy back this week in batches. I bought a lot today and will continue to add more if price is right.

IBs reports can be up and down tuned to benefit themselves. TP 30 to 40 maybe ridiculous but at current price of RM 6+ i see is good bargain for global medical PPE company. They have their games to play. We have ours to play.

When you see TG bought back their shares yesterday, that mean value is there. Super may buy back today.

Do not compare HY with TG and Super lah, as both are top global medical PPE suppliers. Earlier IBs price are hard to achieve but at current price, it is a good bargain...

Better stay away from warrants. This kind of swing trade, only hedge funds and IBs are able to play. Even Kyy is ikan bilis.

Stay away from call warrants.

This kind of volume, IBs and hedge funds are playing

Below RM 6 is good buy. I bought aggressively

All FA sifu cut loss or cut win already. All poor retail investors cut loss and run...

share buy back by company is likely... today is bottomed.

Share buy back really caught people/IBs by surprise. Likely tomo share price will jump...

Super with RM 1 billion cash in hand last quarter, should buy back shares. TG buy back shares really caught people by surprise. Likely tomo glove stocks will jump...

Yes, don't add salt to other people wounds. Sharks are happiest ones because they can collect cheap shares. Who bought so much shares today?

Wow, TG shares buy back. Supermax should do the same lah....

https://klse.i3investor.com/blogs/hleresearch/2020-09-09-story-h1513405482-Traders_Brief_More_Pains_Ahead_Major_Support_at_1476_1507_Levels.jsp

Sifu cut loss price mean cut hands and legs price and bloods all over. Sharks like bloods.

This round really shaken out a lot of retail investors, even TA sifu as cut loss level is around RM 7.80-7.90.

True?


"When they cited vaccine potential approvals in US & reduction in Covid-19 infection in US, they failed to understand hospitals no longer report directly on Covid-19 infection rate to CDC due to Trump order and reduced testings."


...............................................
Mabel Hartalega and TopGloves have been supporting the KLCI from March until August 2020.

Now the index going downwards has a lot to do with self-inflicted damages done by incompetent "market experts / commentators" making ludicrous reports, expressing unfounded viewpoints and statements in the media or in their advisory note to clients. JF Apex used wrong data and assumptions when they chose to publish a report downgrading the Glove sector. Ex: when they cited vaccine potential approvals in US & reduction in Covid-19 infection in US, they failed to understand hospitals no longer report directly on Covid-19 infection rate to CDC due to Trump order and reduced testings. The same happen with AmInvest producing self inflicting incompetent reports. Hence always take analyst data with a handful of salt.

This week, I have used this opportunity to accumulate the Fantastic Four. Current Price is too good to ignore. Focus on 3 things.

1. Whenever possible, only Buy Mother Shares. Gloves is fundamentally strong. Don't risk your money on call warrant which will benefits the IBs.
2. Only use extra cash. No margin calls
3. Focus on the end result with patience

Meow

Mkt has ample liquidity. Rich get richer. BNM bond purchases provided additional RM 54 billion. These monies go where? Most will go to stock mkts. What they buy?



KUALA LUMPUR, Sept 7 — In its efforts to promote a robust domestic bond market, Bank Negara Malaysia (BNM) also purchases bonds in the market if necessary and under certain conditions, says Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.

“In general, this move has provided an additional RM54 billion worth of liquidity to the banking system,” he told the Dewan Negara today.

agreed to freetospeak. It will rebound and maybe hit target price by IBs. Now ample liquidity in the mkt lah. Banks happy to lend to rich. What they buy?

https://www.malaymail.com/news/malaysia/2020/09/07/bnm-also-buys-bonds-in-the-market-if-necessary-finance-minister-tells-dewan/1900917

Hng33, So, panic sell ? Development of vaccine is also a gamble with low change of success. Are you sure China vaccine has 90% efficacy rate?

Yes. I am not asking people to buy. I bought only. Just do not panic to sell cheap. It will rebound strongly. Sell when it rebounds. It might rebound for few days based on past pattern.