@beginner Thanks. That would explain why short stats show 0. Playing all the dirty tricks to influence investors.

Their average short price yesterday is 4.11. So at current price they can cover. Think some profit taking from contra folks. Can see their net position later to see if they cover for loss yesterday. Good opportunity to buy though. If you have intent to buy and confident at this level that is... :)

Weird, so who is selling? Contra kaki got burnt?

@GoodBoy What is the RSS volume for total morning session?

@5c0160 We are eagerly waiting for the buyback :)

They are still at in. Hang in there guys! :)

@linheng Thanks for the analysis. Yeah, looks like shorties did badly yesterday. I think EPF started buying from 12th Jan. And with Q reporting coming and BIG 4 Gloves likely to give special divvy, the shorties can't be holding out too long before covering position.

I kinda suspect that they bought back end of day at 4.12 since yesterday's average short was at 4.16. Last 15 mins volume about 1.2m.

That's what you get for one with deep pocket. So can be assured that EPF will take care of Kossan price as well :)

Yeap, EPF acquire net 9,932,620 shares between 12th to 15th Jan!

Really feel that a lot of investors overreacting. Glove business will still have many years to flourish. And from this pandemic, one thing is for sure, medical providers will be on high alert and will likely have enhanced SOPs compared to before pandemic.

As a company, they would be sitting on a huge cash pile which will allow them to reinvest in new products to expand the business. That's a really valuable proposition if you ask me. It's silly to be solely chasing themes and missing out on the potential of how these glove companies can grow from here.

It is for this that I'm staying invested! :)

@Allantanks Thanks for sharing. Is that fair value? That's 2.16x from current price!

Let's hope this is the beginning of a new climb. :)
Stay invested, Q report and special divvy announcement should be out soon! :)

I was referring to @noobinvestor98 as he said he parked at 4.05. Was certain that it wasn't possible even if there is shorting at 4.50pm. Not saying that price will drop a lot at closing :p

Good closing today. Keep faith guys. We ride this out for a fabulous CNY! :)
If not celebrating also BIG Ang Pow for you :)

Yeah, impossible for them to not close position. Later they gotta cough out millions for divvy. Same with Supermax. Maybe that's why they didn't touch Supermax.
I think Harta they do hit and run only la. Yesterday's short position for Harta 43.5m, how they gonna close la.
Kossan result is week after right? First week of Feb?

Strange that they train their guns to Harta and TopGlove again. And Supermax is totally left out. Hmm.

Thanks @GoodBoy. Short volume today is low. Will see amount they buy back and net short position to see if reduce.

If lights out end up go up how? :p

@noobinvestor98 Wah, you hoping for the lights out trick at 4.45pm ah :p
So far away, tak boleh la...

Let's close on a high today please :)

Shorties not blocking at all

Think the shorties will be on net buy position today. Hmm.

Weird that less people buying cheap tickets. Waiting for it to move then chase? :p

@Ron90 Wait for boss come squeeze them lo. Don't worry la, not long more to wait, Q result out plus special divvy announcement. Shorties should be covering position soon :)

You all don't smell sarcasm in what he wrote meh? Hahaha

That's the risk of shorting game. Your loss can just grow out of control. There will be a point where they call it and close position at loss. Especially if kena squeeze.

@GoodBoy Thanks for sharing. Looks like they are still at it, but we don't know how much the buy back. Might be more than 464300.

Is that meant to be sarcasm from KYY? :p

@Allantanks Not exactly losing. Their average from yesterday was 4.16. All should hold, don't sell your tickets cheap :)

Their average short price yesterday was 4.16. Hold tight, don't sell your tickets for them to profit :p

@noobinvestor98 Doubt it will get anywhere near JPM TP. We have seen buyback yesterday itself. Watch for the signal, once confirmed buy back, risk reward would be good.

Good news if they are starting to buy back from now. :)

@BALANCE_VIEW That is short position stats right? So 19th shows reduction, so they bought back more than short?

@Ben Tan Are they starting to close their position because they are running out of runway soon?
You mentioned shorting with shares they bought yesterday, does it mean no one is interested to loan them more shares currently?

Are there still short selling in morning trade so far? Wondering if they are starting to cover.

Kind have a feeling it will be green for all gloves today :)

Strange that bursa didn't publish Total Short Selling yesterday. So you can only make a guess on their average short price. Guess best to just use midway from yesterday's high-low point. Don't sell your precious tickets, wait for them to cover. :)

I think Q announcement in 2 weeks plus special divvy. Shorties will have little runway to cover. So they are getting more aggressive and will start to cover position very soon.

Harta looks like favoured by Gov, TG got big big cash flow. Supermax Q announcement plus special divvy soon. Kossan have not gone above last year's close. Think its obvious choice between the four. Time for BIG BOSS to come out to defend his company.

Looking at previous Q reporting dates, Supermax Q report likely next week and Kossan week after. I presume they will start closing position soon.

Once announced, I think they will close position fairly quickly, will see positive movements then.

I think they are more aggressive coz they are worried about Q report and special divvy triggering a rally. When are the Q announcements for the Big 4 again?

@linheng I had short position at 2.17% if they didn't cover. So it means the covered back quite a lot. Their average is 4.22? Still waiting for Bursa to publish.

@noobinvestor98 Should be around 2.17% if they didn't buy back any today. Look at Net Short Position on Bursa site later when they update.

Think latest Net Short Position should be about 2.17% unless they did some buyback today. Price dropped quite a bit so maybe they did some buy back tomorrow better grab cheap before it goes up. Am sure they'll look for any opportunity to buy back.

Supermax have not been touched by shorties for awhile. Why now when Q result is about to be out?

Looks like TG is in the clear but price still being pulled down. EPF?

Was there shorting on TG and Supermax as well? Chart looks like there was.

I don't think will happen lo