Ibelieve 7106 SUPERMX SUPERMAX CORPORATION BHD
Immediate Announcement on Shares Buy Back
Date of Buy Back : 22/01/2021
Description of Shares Purchased : Ordinary Shares
No. of Shares Purchased : 8,151,600

Happy belated birthday bro! Unfortunately your big present will have to come later with QR results.
Also, will be interesting to see the net short position today. I'm suspecting some closing have been done. Let's see.

Wow. Intco share price is really flying through the roof.

Anyone knows status of RSS vols, shorted or most likely closed today?

believe MatKoh Exactly. Already reminded TeamRocket and Co to bring their A game today. What happened? Hahaha

Agjl TeamRocket Don’t talk kok la, if got balls then limit up laaa
22/01/2021 12:20 PM

Same said to u” if got nalls limit down lah” wakakakaja
22/01/2021 12:28 PM
22/01/2021 12:51 PM

Limit up? For the next QR, why not?
22/01/2021 1:14 PM

Yes bro. Limit up and beyond!

Exactly. Already reminded TeamRocket and Co to bring their A game today. What happened? Hahaha

Agjl TeamRocket Don’t talk kok la, if got balls then limit up laaa
22/01/2021 12:20 PM

Same said to u” if got nalls limit down lah” wakakakaja
22/01/2021 12:28 PM

Breath of fresh air. Dog poops smell gone this morning

Totally concur with you. Their efforts to keep the forum abreast with new developments, glove or vaccine are far more insightful than those who spam recycled news ala covid positive cases found in 4 factories in TG zzzzz.

Posted by gloves63 > Jan 21, 2021 11:56 PM | Report Abuse

I would like to take this opportunity to thanks all the hardcore fans like goldberg and glovers for providing positive and constructive news on glove all these while.. I been reading this forum for more than a year anonymously and just created acc today. Thanks to them for upholding the positive mentality on this glove forum against those jokers no matter what happened.

Glove investors, let the naysayers continue barking. They're being paid overtime to do the fear mongering because their bosses are seriously spooked and have an uphill battle ahead with 2 more warrants expiring next week.

As for now, KIBB is now having a crisis meeting to assess the gigantic losses they have incurred with C87 warrant. Maybe later have to potong gaji also. Lol.

Meanwhile, there are a handful, plenty and many of us waiting for a 2nd chance to revisit the 1st week of Jan21.
IBs, bring your A game and don't disappoint us.

Yes Aunty, we know you bought and kept your cimb shares since 1987. Lol
21/01/2021 11:21 AM

glovefinish Don't worry, I am making great money from my portfolio that bought at very low price at its bottom part.
21/01/2021 11:14 AM

Maxsuper Up 24sen morning closed red down 3sen......... What a fantastic stock
20/01/2021 5:01 PM

Fantastic indeed. Just buy the popcorn and and chill. Some 15mil shares for IBs to buy back before QR and dividends are declared and that is soon.
We've seen the share gone all the way down to 5.38 so should be used to the rollercoaster ride by now :)

IBs getting desperate to keep the avg price down and did a slam dunk for the last kopek of the day.

https://www.therakyatpost.com/2021/01/19/after-29-dead-in-norway-msian-health-minister-says-pfizer-vaccine-needs-more-research/

https://www.reuters.com/article/us-health-coronavirus-who/second-year-of-pandemic-could-even-be-tougher-whos-ryan-idUSKBN29I2DR

https://www.thestar.com.my/aseanplus/aseanplus-news/2021/01/18/world-shares-sink-as-virus-fears-offset-recovery-hopes

Jeffrey Ng, the JPM scum is probably living in a cave and oblivious to the covid pandemic that rages on in 2021.

Goldberg Interesting article- dedicated to the JP Trolls.

https://www.pelhambluefund.com/2021/01/this-fish-is-undercooked-jp-morgans.html?m=1
17/01/2021 1:03 PM

Bursa is hopeless when they themselves are being shorted. Look at the number of SWs issued for Bursa. What a joke!
.....................
ToneeFa @Morpheus61 Toneefa, the bleeding at Bursa will stop once and for all if and when the paper thrash called Structured Warrants are Banned.
16/01/2021 9:47 PM

Yup Morpheus61, you should continue with your fight on this one. Meanwhile, we will need to deal with the effect of those SW.
17/01/2021 12:26 AM

Agjl bro, in couple of weeks time we will have the Ayam cluster to deal with too.

Agjl Lajitalk @Ryan83 Today Malaysia Covid-19 case hits new record 4,029!!!Recovery stocks next week will experience downtrend correction

Can understand why the rumours of a temporary ban on RSS and IDSS again until Aug.
Bursa will haemorrhage with billions of ringgit market cap wiped out for both recovery and pandemic stocks. All stocks actually.
I seriously think Wahid Omar will not let this happen on his watch. Let's see


Goldberg Cautious trading expected at Bursa Saham ahead of OPR announcement
----------------------------------------------
ASEANPLUS NEWS
Saturday, 16 Jan 2021

KUALA LUMPUR, Jan 16 (Bernama): Trading on Bursa Malaysia is expected to be cautious ahead of Bank Negara Malaysia's (BNM) Overnight Policy Rate (OPR) announcement on Wednesday.

Bank Islam Malaysia Bhd economist Adam Mohamed Rahim said a possibility of another rate cut by the central bank could not be ruled out, given the highly fluid situation arising from the resurgence of COVID-19 cases and the reinstatement of the Movement Control Order (MCO 2.0).

A rate cut and loans moratorium is highly likely.
16/01/2021 7:38 PM

https://www.globenewswire.com/news-release/2020/09/08/2090332/0/en/Protective-Gloves-Market-to-Hit-USD-35-20-Billion-by-2027-Growing-Stringency-in-Workplace-Safety-Regulations-in-Developed-Economies-to-Fuel-the-Market-Says-Fortune-Business-Insight.html

How convenient of The Edge to only single out gloves. As if only gloves companies are facing container shortages? Is that all Malaysia exports? They are no better than the scums at JPM.

https://www.theedgemarkets.com/article/why-many-asian-countries-are-being-cautious-about-vaccines

Nice closing for the weekend.

major dumping happening now. last kopek?

kltower Joe Biden unveils ‘American Rescue Plan,’ a $1.9T stimulus to stem COVID-19 and steady the economy

https://www.google.com/amp/s/www.chicagotribune.com/coronavirus/ct-nw-joe-biden-stimulus-plan-updates-20210114-fx5v7ouy7fexdlrov65wc54nim-story.html%3foutputType=amp

"The plan provides $50 billion to expand testing"
........................
Superb as every single testing requires a pair of gloves.

Both Gillian and Ben should join forces. Delivering with facts always! Well done both

Great one @GillianTan! I can sense that rage from here.
Will be great if there's a proper blog (beyond i3) to compile this along with Ben Tan's works. They're solid and backed with proper data. Not like the ambiguous ridiculous ones coming from JPM, AMInvest

Easier that way to post the blog link on social media to increase awareness on the manipulation by these rogues.

As always, when the IBs are at work, dogs will be released from the kennel. It's part of their operations and the dogs, the accessories to instil fear and and provoke with 1119 English standards..
Glovefinish however is the resident dog. She will bark at every price range. Hahaha

Shorties dumping in desperate mode to keep the price down.

@Ben Tan, try email and jf all fails, via SM e.g Twitter. You can always pm then too as option. Dont let the good work go to waste

Proof of immunization will not be sufficient, because the vaccines have only been shown to prevent serious illness, said Jason McDonald, a spokesman for the C.D.C. Vaccinated people may still become infected, in theory, and transmit the virus on a flight.

https://www.nytimes.com/2021/01/12/health/us-to-require-negative-virus-tests-from-international-air-passengers.html

https://www.freemalaysiatoday.com/category/nation/2021/01/14/epf-dividends-may-provide-cheer-amid-covid-19-gloom/

greencode Buy already. Will bounce this afternoon. 4 days down so technically up till tomrw
14/01/2021 1:17 PM

Wah Greencode sudah masuk . Not long ago kept saying glove is dying.
Welcome to the club!

ToneeFa @Ibelieve Pretty soon at least one among your group will be positive, some even say probably only one among your group escapes.

One day when we don't hear from glovefinish anymore, she probably lays in sg buloh. 1119 guys, lay or lie? Hahaha
13/01/2021 9:28 PM

bro, how about die ?
13/01/2021 10:00 PM

笑死我

Naysayers, please see the latest directive from US CDC and their view on vaccine.

Proof of immunization will not be sufficient, because the vaccines have only been shown to prevent serious illness, said Jason McDonald, a spokesman for the C.D.C. Vaccinated people may still become infected, in theory, and transmit the virus on a flight

https://www.nytimes.com/2021/01/12/health/us-to-require-negative-virus-tests-from-international-air-passengers.html

Glove comrades, what say you? Couple of negative and misleading reports over the past 24 hours but TG held steady.That is already an amazing feat.
I think IBs recycled tactics is starting to lose steam.
I personally can't care 2 hoots with the volatility because my eyes are set on the ultimate price in weeks to come.

glovefinish We hope vaccines eventually effective to control the pandemic with MCO 2.0 together although the MCO might take longer time. We all should wish for its positive effects for the good of world no matter what stocks u invest.
13/01/2021 9:32 PM

Tomorroe we see what happens to vaccine counters starting with Pharmaniaga.

Thank Ben. Yes, the numbers does look strange considering the shorting lasted the entire 2nd session.

Ben Tan Today the shorting attacked has moved to Supermax. 1,360,000 shares shorted up to now - the second highest daily short sale volume after "the big short" from last Monday.
13/01/2021 3:42 PM

Ben, you have the final tally? Anyhow, looking forward to your daily report. I'm sure we will gain further insights as always!

SteadyT Hartalega green lol... most RSS today, but green. Hartalega holders are really united. Punishing those that short it
13/01/2021 4:46 PM

Shorties must be closing their short position. The best is yet to come. TG will soar very soon. Hahaha

Agjl 摩根大通吁投资者 疫苗施打无需戴手套

先前唱衰本地手套领域的摩根大通提醒投资者，在施打疫苗的过程中，是“无需用到”手套的。

https://www.enanyang.my/node/378424

Desperato jipek morkan
13/01/2021 4:25 PM

And yet Jipek continued to increase their stake in TG? How ridiculous is that? Unfortunately, there will be gullible investors believing their every word.

Ibelieve bro. Maybe time is ticking due to ongoing daily interest or a specific deadline set for the return of shares? The timing for their hasty & frivolous articles when investors are coming back just defies logic . Maybe to curb the wave on euphoria on glove comeback before it gets out of hand.

Bro, it's just half day passed, and JP so quick to forget we are in MCO2.0 + Darurat? haha, still another 2 weeks and potentially more days to go.
13/01/2021 3:32 PM

I'm actually watching TG more despite not owning any. Soon the 4% will be completely maxed out.

Wow! Look at the buying volume. Every ticket dumped has been scooped up. A stark contrast to 4th Jan and that is market sentiments have returned because investors know where the money is.
For the naysayers, you should just go away and place your bets on recovery stocks. AA is a good place to start

Agjl bro. All good and definitely not bothered with all the noise. Super is going to deliver amazing profits and we will be rewarded handsomely.
Sekarang sudah upgrade to char siew already. :)

Cheers and hope that u get ur ckn rice with extra char siew today...hehe

*Rubber Gloves - Overweight*
Gas Malaysia Bhd announced that the average selling price of natural gas for the distribution segment is set at RM22.14/MMBtu for 1Q21, representing a 34.21% or RM11.51/MMBtu decrease compared to the average selling price of RM33.65/MMBtu for 2020. We are mildly positive as the lower natural gas selling price is expected to contribute positively to earnings (about 1%) of rubber glove manufacturers. Despite the higher nitrile and latex raw material cost in 1Q21, we believe the increase in ASP is more than enough to offset the increase in raw materials. As such, we make no changes to our earnings estimates at this juncture. Reiterate Overweight on the rubber gloves sector.

https://taresearch.taonline.com.my/rrs/files/2021/1/Rubber_Sector_20210113.pdf

Ron90 Remember.. Bulls cannot run forever, when they already tired, exhausted (no more money to buy).. that will be the right time for shorties to strike BIG TIME !!.

Quite right. Shorties were oblivious to the rising Covid cases worldwide and discounted PPEs from the time the first vaccine was approved for EMERGENCY use. Tsk tsk.

Happy to see them burn their hands this time. May it be a scorching one that they won't forget.

Ngam ToneeFa bro.

Bro Agjl, what choice do they have but to continue spewing negative news. They're already shitting in their pants now with their 4th Jan short selling grand plan which has not gone too well.
Net short position remain intact with a marginal increase yesterday.
Maybe they've managed to close some with the SOE blip today.

CJkenho I have a different view.
Short selling activities do bring benefits vis-a-vis bringing liquidity to the market but the orchestrated attempt to bring down the entire Big 4 has been outrightly manipulative and brutal. Weekly sponsored ads stirring up negative news, ESG, languishing ASPs, vaccine roll-outs and the infamous 3.50 TP.

On 4th Jan, shorties trained their gun on glove companies causing RM13.65b market cap to be wiped off from the Big 4 glove counters and EPF abetted the massacre.
How is this level playing field?

https://www.thestar.com.my/business/business-news/2021/01/12/downside-risk-for-glove-stocks-limited

glovefinish...your CIMB and Genting how? Better go monitor that.