RSS players will be scrambling to close their open position next week :-)

RSS players will be scrambling to close their open position next week :-)

RSS players will be scrambling to close their open position next week :-)

Omicron will add 50% share price premium to the glove counters into Year 2022.

Omicron will add 50% share price premium to the glove counters into Year 2022.

Omicron will add 50% share price premium to the glove counters into Year 2022.

Omicron will add 50% share price premium to the glove counters into Year 2022.

Omicron will add 50% share price premium to the glove counters into Year 2022.

https://www.bursamalaysia.com/misc/missftp/sblnt/NetShortPosition20211125.pdf

https://www.bursamalaysia.com/misc/missftp/securities/securities_equities_rss_2021-11-26.pdf

We shall see next week. With Omicron variant, it will be flight to safety to glove counters with solid Balance Sheet. Time And Tide Waits For No Man !

“No Time To Buy” - Hartalega 008 :-)
Those that already bought ~ 5, sit back and enjoy a pleasant ride.

“No Time To Buy” - Hartalega 008 :-)
Looking forward to a pleasant weekend after good accumulation since early this week (no opportunity to buy today due to the sudden and sharp share price spike at the onset of trading day). Next Week Will be Better !

@SWT1988 DJIA futures dropped due to USD strength and Covid-19 new variants risks. Effectively, even more positive for Hartalega to continue the uptrend reminiscent of Year 2020 cycle :-) Always go for strong Balance Sheet (ample Cash with minimal borrowings) counter amidst financial crises.

No Right & No Wrong in equities investments due to differences in circumstances and strategies. For an old man that have left Corporate scenes years ago, definitely cannot adopt day trading or short term strategies. It will be bad for the heart !

A Company with RM5b Cash & Cash equivalents !
Although Genting has RM22b in Cash & Cash equivalents, their total borrowings are RM42b and in the negative sector amidst the protracted Covid-19 pandemic. We are heading into 2022 and not yet out of the woods yet in respect of Covid-19. Tenaga is Negative when USD on an uptrend.

RSS Open Position Down Positive
Balance Sheet RM5b Positive
USD Up Positive
Covid-19 new variants Positive
Low Share Price /Yield Up Positive
I Rest My Case !

“No Time To Buy” - Hartalega 008 :-)

Always Stay Calm and look at the big picture. Trust your own intuition. At average entry cost of ~ 5 plus, we will all be enjoying superb panoramic view in 2022 onwards. Main objective is for all of us Ikan Bilis to earn $ together instead of the big Sharks.

Removing judge too ? If there are no issues and everything is factual, why the protracted delay ? It should be immediate disclosure and BAU thereafter.

It is just a matter of days to the final conclusion for all Shareholders. As long as SIR, Audited Accounts Opinion & Annual Report not released by 30/11, the conclusion is obvious. No two ways about it.

Just release the SIR and let the Shareholders to decide. At least, we have EY to peer review (second opinion) the issues highlighted and raised by KPMG. Soon we will also have a third opinion based on the audited accounts to be completed by Nexia SSY.

You look at overall such as DPS, EPS, ROE, PE & DY for glove sector shares. Otherwise, just look at the NTA of property sector shares in relation to their share price !

Don’t Worry Be Happy !
> 5 billion in Cash & Cash Equivalents as at 30 September 2021.
I rest my case :-)

I am more than happy to Buy from Short Sellers at current valuation :-)

Invest at one’s own risks with spare cash as everyone have different views and circumstances. Not recommendation to Buy but merely forum for exchanging of information.

https://www.bursamalaysia.com/misc/missftp/sblnt/NetShortPosition20211122.pdf

Ignore all short term volatilities and negativities. I am more than happy to pick up from 5 plus & < 5 today is absolute bonus. If 4, I will just buy more :-)
Just monitor the % of Net RSS and they are scrambling to close their position since the peak at 3%.

Happily Buying :-) Dividend yield just gets better with lower averaging cost down.

Soon it will be No Time To Buy at such attractive price :-)

RSS Open Position already closing fast based on the latest Bursa Statistics Summary as at 19/11 this morning. The remainders will be scrambling to close their positions soon :-)

AR & Audited Accounts just have to come out by 30/11/2011. No two ways about it.

Another bumper harvest in Year 2022 by way of dividend and capital gain :-)

Medium/long term investors shall have bumper harvest in 2022 :-)

Happy Shopping :-)

Stay Invested :-)

There will always be opportunities in stock market. Always invest only with spare funds and excess savings that can withstand a time horizon of at least 3-5 years. Retail investors must never ever use margin financing no matter how confident you are with your stock picks. Funds/IBs with deep pockets will “kill” you with their RSS strategies. The stock market will always face market irrationality and subjected to unpredictable market vagaries. As such, the stock market is not for emotionally driven investors. Strong Balance Sheet, Cashflows & generous dividend yields are always the best barometers guide. In terms of Corporate Governance, BAT is second to none.

Safest “FD” when it was ~ RM10 last year. It is a stock that you can Buy and need not monitor on daily gyrations. Just earn the excellent dividend yield.

Target Prices by Research Houses are full of assumptions. It is impossible and futile to time investments unless you are a day/RSS traders. What happened to all the calls of BAT at below 10 just 1 year ago ? The same will applies to Hartalega with the “herd mentality” to downgrade TPs based on short term volatility. I am more than happy to invest at current valuation in a Company that is willing to share 60% of their PAT with me via dividends and will accumulate all the way to their irrationally low prices. At current level, I will be very surprise if the RSS players will not closed off and cashed in on their Open position gains. Even if share price down in tandem with reduced ASPs/profitability, % yield will just get better in comparison to the meagre FD rate of < 2% !

There will always be opportunities in stock market. Always invest only with spare funds and excess savings that can withstand a time horizon of at least 3-5 years. Retail investors must never ever use margin financing no matter how confident you are with your stock picks. Funds/IBs with deep pockets will “kill” you with their RSS strategies. The stock market will always face market irrationality and subjected to unpredictable market vagaries. As such, the stock market is not for emotionally driven investors. Once bad investment decision made and stock risks elevated , cut loss and move on. Strong Balance Sheet and Cashflows are always the best barometers guide.

@Mini2021 No regrets. There will always be opportunities. Always invest only with spare funds and excess savings that can withstand a time horizon of at least 3-5 years. Never ever use margin financing no matter how confident you are with your stock picks. Funds/IBs with deep pockets will “kill” you with their RSS strategies. The stock market will always face market irrationality and subjected to unpredictable market vagaries. As such, the stock market is not for emotionally driven investors. Hartalega will be the next BAT at current level and I will be more than happy to accumulate more having exited my position fully in Top Glove and Supermax during their irrational exuberance price level late last year.

For an old man like me, I just stay invested in counters that give me good dividend yield as my retirement funds. Daily gyrations do not bother me as long as I can get yield > FD interest rate or EPF dividend. BAT & now Hartalega will just be my FD at current valuation. I am starting to accumulate Hartalega since last Friday. I will just accumulate downtrend stock so long as their Balance Sheet is strong and dividend yield good.

No worries. Trust Your Own Intuition. That’s the beauty of the Stock Market. There will always be Buyers and Sellers. Buy if you believe in the stock and Sell if you think it is over valued. The same happens with BAT when negativity sets in and it dipped < 10. Otherwise, there is no opportunity to buy at such low price range. Just look at the 1 year returns via dividends and Capital Gain for those that stayed invested in BAT and continues to accumulate previously.

RM30m bond coupon payment should be “petty cash” for billion revenue company and PAT in excess of RM750m based on QR period ended 30/6/2021 ! Has all the cash of approximately RM500m as at QR period ended 30/6/2021 been fully depleted since 31/10/2021 ? All “will” and must be revealed by 30/11/2021. Otherwise, it is Endgame & Check-Mate.

JPM with such pessimistic report for Glove sector. I will start to accumulate Hartalega from tomorrow onwards :-)

It will not be based solely on historical records and financial end date based on my past dealings with Auditors during my younger days. It will still need to be reviewed in totality up to the date of issuance of QR in compliance with Accounting Standards on going concern, impairments, after balance sheet to current dates developments etc. Otherwise, meaningless to have QR and audited accounts to guide investing decisions.

Even an old man like me can think logically. If audit issues on the substantial unverifiable receivables, with the passing of time, it would and should have already been collected by now to pay the bond coupon rate promptly. Otherwise, all these receivables will need to be impaired by the time the Audited Financial Accounts and Annual Report to be issued by 30/11/2021 !

Release SIR, Annual Audited Accounts and Annual Report ASAP. Once Shareholders and investing fraternity given sufficient time to digest all the disseminate financial information, Suspension can thereafter be lifted and investment community will be the judge and jury.

Just release SIR, Annual Audited Accounts and Annual Report immediately ! Exact position can be judged by Shareholders and investing fraternity. Otherwise, the conclusion is obvious.

SD need to raise ~ RM1.5b to re-finance huge debts due in May 2022 and not forgetting the envisaged negative cashflow over the next 6 months. Is it possible with the “C” classifications from rating agencies ?