TG essential service. Business as usual.

Check today's volume transaction. There are 10 transaction of 5000 lots being purchased. The highest price was 8.82. If this guy is throwing in RM43million to TG, he must have known something.

DSST is a free man. Congrats to all holders.

https://www.theedgemarkets.com/article/high-court-overturns-guilty-verdict-stanley-thais-insider-trading-case

https://www.theedgemarkets.com/article/bullish-analysts-expect-top-glove-net-profit-swell-above-rm10b-fy21-falling-fy22


Credit Suisse TP RM16. In line with what i calculated earlier

Tora, their logo same with UBS foreign one. I think they are the same

@Junx

I check from simply wall st

You can see all their majority stake holder and movement

I dont want to talk about 2021.

If MBB is correct that TG next PAT is RM2 Billion, at PE 35 only, TG will be trading at RM16. Spot PE, not future PE.

MBB so far is quite accurate with their forecast

UBS is a foreign bank. And they are no.6 highest stake in TG. Good la, now you all know UBS is desperate for our shares.

UBS has 165 million shares in TG. Why are they shooting themselves? So now you know who is making share price manupulation. They must be the one having so much shares to push it down to collect more since yesterday.

I hope our local IB sapu all their shares when they manipulate and backfire this UBS

I think Newkid is correct. The old man maybe kena margin call. Pity that old man. Im worried his coffin money also gone

Local institution sold glove stock? Ive just check bursa announcement. EPF is buying fiercely on one of the glove stock this entire week.

Someone earlier downramping glove stock and claim it's a bear trap. This guy really know nuts about stock market that he doesnt even know what is a bear trap and a bull trap. Do your homework properly before giving comment.

Sory i mean 7.456. Infact, today share price has already broke EMA50 at 7.69. All the techical people will come in on Monday. My remisier have also give a buy call after closing today. Momentum and RSI is coming back.

@stockisnotfun, fyi, MA5 for TG is 0.7456

I repost this if some missed out.

‐--------------------------------------------------

Thank You Tan Sri. We got the message. RM1.493B Profit After Tax.

TG is sending us a message. Two announcement today which is inter related.
1. QR on 17 Sept
2. SBB 1,493 m which posibly indicating the PAT

Ofcourse, I wouldnt be so smart to make such guess. But if you are somehow related to the management's circle, you may have already heard about the RM1.4 B PAT since Tuesday.

Thank You Tan Sri. We got the message. RM1.493B Profit After Tax.

TG is sending us a message. Two announcement today which is inter related.
1. QR on 17 Sept
2. SBB 1,493 m which posibly indicating the PAT

Ofcourse, I wouldnt be so smart to make such guess. But if you are somehow related to the management's circle, you may have already heard about the RM1.4 B PAT since Tuesday.

Please read the Macquire Report carefully.

1. They are claiming that ASP continue to surge
2. flu season adding to the boost.
3. F21 forecast PAT RM10 billion

Dont be mislead by the TP of $5.40. They are forecasting this for year 2022.

I suspect they are adding oil to the fire now so they can collect.

During H1N1 in Year 2009 - 2010, TG share price surge like what happen now. Until when it hit a correction reaching EMA 70, there is a strong bouce back to reach a higher high.

So, today TG touches the EMA 70. If charting is correct, there will be rebound.

Seriously, my situation is similar to many. To sell or not to sell now. I've decided to hold and make a decision later when it goes back to MA20 (around $8.60)

Good luck everyone

Tan Sri may need to release the QR earlier than expected to support the share price.

https://www.cnbc.com/2020/09/08/coronavirus-vaccine-dr-fauci-says-its-unlikely-it-will-be-ready-by-us-election.html

Vaccine is not so soon. In addition to the completion of double bottom chart pattern for TG and Smax. Laugh your way to the bank.

And not to worry about DJI and Brent Oil being red. These are signal that covid19 casses are on the rise, and no potential vaccine in the near future

And not to worry about DJI and Brent Oil being red. These are signal that covid19 casses are on the rise, and no potential vaccine in the near future

https://www.cnbc.com/2020/09/08/coronavirus-vaccine-dr-fauci-says-its-unlikely-it-will-be-ready-by-us-election.html

Vaccine is not so soon. In addition to the completion of double bottom chart pattern for TG and Smax. Laugh your way to the bank.

BlackRock Inc and American Century Investment Management has added stake as of 31 August 2020.
BlackRock Inc now has about RM1 Billion worth of shares in TG. Why are they putting so much money in TG?

Source: Simply Wall Street

Supermax has already completed the double bottom chart patern. There should be a 'W' shape recovery the next 8 to 10 days. And it will form a new Elliot Wave 1 by then.

https://www.cnbc.com/2020/09/05/drugmakers-seek-to-reassure-public-on-coronavirus-vaccine-safety-with-joint-pledge.html

No more short cut. No more vaccine before U.S election. Phase 3 trial data is needed before approval given.

Most likely vaccine wouldnt be available this year.

This kind of news will surely push glove counters to a higher high.

I hope you guys had reloaded enough since past two weeks.

https://www.cnbc.com/2020/09/05/drugmakers-seek-to-reassure-public-on-coronavirus-vaccine-safety-with-joint-pledge.html


No more short cut. No more vaccine before U.S election. Phase 3 trial data is needed before approval given.

Most likely vaccine wouldnt be available this year.

This kind of news will surely push glove counters to a higher high.

I hope you guys had reloaded enough since past two weeks.

https://www.cnbc.com/2020/09/04/moderna-slows-coronavirus-vaccine-trial-t-to-ensure-minority-representation-ceo-says.html



Long story short. MODERNA is delaying their vaccine trial's data. You will get more and more this kind of news moving forward. Delay, postpone, fail, extend, and back to square one.

And to the old KAMBING. YES. YOU. Please stop downramping one stock after you made a fortune in it. No one stops you if you want to jump onto a p*ssy cat stock. What is a lame duck anyway?

I draw the chart, today may hit 29.40. Anything more is bonus.

Market is accepting HARTA valuation at 100 Current PE after announcing QR.

If market accept TG at 100 Current PE as well after announcing QR on 17 September, the share price is about $54.50 by then.

This is not including forward PE.

https://www.thestar.com.my/business/business-news/2020/08/21/exclusive---flexible-trading-caps


Glove capping will soon be officially removed. Once IB make the announcement, TG and some other glove counters will fly limitlessly.

Today is probably the last day to buy below $30???

RM35 by first week of September. Or else he pay the differences.

This is what tan sri told his management team.

https://www.theedgemarkets.com/article/top-glove-could-touch-rm7760-share-bull-scenario-—-citi

https://www.theedgemarkets.com/article/govt-continue-sslr-project-—-fadillah

Ekovest may be one of the beneficiary of this project. Since Ekovest has experience in building highway.

https://www.straitstimes.com/singapore/kl-spore-high-speed-rail-discussions-ongoing-both-sides-hard-at-work-to-meet-year-end


It's on the way. Malaysia is pushing all the way; once SG endorse, Ekovest price will be corrected to $0.95. And take couple of months to sail back to $1.50

My IB indicated that Boss LIM needs to pay government 1.1b by September 2020. So, where to get this huge amount of money? Expect a major announcement very soon.

Huge parcel collection (insider) is very strong for couple of days but SP push down by retailers who doesn't know about the news.

If you understand this message, the money is yours

https://www.safetygloves.co.uk/aurelia-bold-medical-grade-nitrile-gloves-73995-5.html


See for yourself. Aurelia Bold (Supermax) is sold at 23.99 GBP per box which is equivalent to USD300 per carton in England. I believe other OEM brands are still selling between USD150 to USD180 only.

For people who are new and people who do not understand why Supermax share price shot up so much comparing the others, I hope you got your answer.

Today afternoon at 12.57PM, I was talking about charting, RSI, MACD Golden Cross and it all point to break $11.706. It was only $11.26 when i posted.

I am now looking at the Elliot Wave. Almost fell from my chair. A very bullish momemtum has already being built and it is pointing to hit $18

However, I am obliged to inform you that there will be a correction when it hit approximately $18. (Plus minus 3% to 5% variance).

Once consolidation happen, it will continue to be bullish

Hi believers,

SUPERMAX
Stock Signal: Strong Bull
MACD: Upper golden cross 5 days
RSI: 85.37
OBV: Uptrend
Bollinger Band: 34.2% Upper Band 9 days
Momentum: 35.1%

This is the best technical that I've seen since April. Even better than the other three taikor.

Charting wise, it is set to break $11.706 by closing today or tomorrow early session.

It's not about who chase high or who got trap.

Supermax is not only about KYY, OTB, and retailers.

Besides the owner, substantial shareholders are mainly foreign fund and some are local fund.

https://m.marketscreener.com/SUPERMAX-CORPORATION-6496395/company/

If there are no inventories in the market, people especially government are willing to pay high price to secure the gloves. This will lead to the surge in ASP and also spot orders.

The situation will lead to manufacturer making higher margin and maximizing capacities.

When sales & margin is high, QTR report will show high PAT.

Funds are smart enough to calculate the forward PE, future earnings, and TP, and Supermax being one of the most attractive counter in Bursa.

Or else, it would not be staying at the highest position of value traded for 8 continuous day.

Thanks for your question.

A little sad & worrying for the British people, the cases rise sharply from Mon to Tues to Weds.

Putting that aside, Supermax has a strong position in UK. Their gloves are being supplied to NHS Uk (National Health Service).
https://www.google.com/amp/s/www.bbc.co.uk/news/amp/uk-england-cambridgeshire-52063563

I check on the UK online platform regularly on Aurelia (Supermax) both price and stock availability.

To my surprise, Aurelia Bold Nitrile is totally out of stock today. It was still available on Sunday.

UK itself would need alot of spot orders.

https://koonyewyin.com/2020/07/09/supermax-has-increased-selling-price/

https://www.theedgemarkets.com/article/bnm-cuts-opr-25bps-175

Good news. Positive momentum

Three IB from yesterday re-rate Supermax upwards. But today, its share price is not performing compare to the other three taikor.

Why?

Panic investors would probably thought that the IB is planning to offload. And start to make panic selling.

You are actually being tricked. Including experienced investors.

If the invisible fund dont trick you, they cant collect cheap tickets. Look at the sell order, you hardly have much volume compare to buy volume.


Today is a collection day

Sorry i mean july 2020 to july 2021

UOB forecast June 2020 to June 2021 profit after tax RM1.126 B.

Based on PER26, it's fair value is RM22.56.

Ladies and gentlemen, CIMB just release a write up on Supermax. Expected PAT this coming QR is RM320 M to RM350 M.

My fingers are shakingggggzzgzgzg when I am typing this good news.

RM12.80 could be the TP for this week. Hold tight. RM24 is on the way babeyy

There will be few rounds of profit taking in a day itself but don't be shaken. Invisible fund will be and has been buying big when price corrected a little.

I have been observing the entire last week without blinking my eye on price correction VS volume. Buying support is so huge. No manipulation. It's real. It's consistent.

Another thing you may not realized, Supermax has been in no.1 or no.2 position for traded value (RM). Retailers buying will not put Supermax in such high traded value position.

Looking at today's momentum, today's volume will be higher than last Friday. This is a very good indication. Invisible fund has not collected enough. And guess what, local institution net buy has increased to RM397 million last week. What sector do you think they buy? O&G? Property? Bank?

The bull is real.

Hello SUPERM, with just RM1.1 B to RM1.2 B for the next financial year, it can easily hit RM24.

Actually to tell the truth, the clear winner is still KYY. We as retailers can be winning 400% or 500%, but you wouldn't want to imagine how much uncle win. If he wants, he can be the third largest shareholder in Supermax after Dato Stanley Thai and Datin Cheryl Tan.

During SARS in 2009, glove counters bullrun for 18 months. At that time, it's not even a pandemic.