High selling pressure by RSS IBs,call warrants IBs and short term trader.Next support level price RM5.50 most probably will be broken today!!!

Israel latest Pfizer vaccine result 1st dose already achieved 85% effectiveness

Let see how much selling pressure by RSS investment banks,call warrants investment banks and short term traders on glove stocks starting tomorrow until Friday.

Next Monday show time for Supermax investors vs short sellers+call warrants investment banks

Enjoy next week titanic show buyers vs sellers all glove stocks until 26th February.Glove sentiment,vaccine sentiment and recovery sentiment will be the themes for next week Bursa stock price movements

Next week glove shares will continue facing increasing selling pressure from RSS,expiration lots of call warrants next Friday and starting of Pfizer vaccination next week

Next week price will closely follow vaccine arrival in Malaysia and expiration of call warrants. RSS selling by IBs will intensify next week.

Next week is the most number of call warrants going to expire for investment banks to keep selling few millions in open market and RSS few million shares.Titanic battle between loyal investors vs investment banks and foreign investors

Get ready to war with investment banks selling down Supermax shares next week as many call warrants expired next Friday and continuous RSS selling pressure.

RSS selling down and more selling expected next week as call warrants expored next week

Post removed.Why?

Selling pressure very high due to heavy selling by institutional investors and foreign investors

Dividend 3.8sen and share price drops RM1 from RM7 to RM6 since QR announcement last 2 weeks ago

Tomorrow RSS by IBs will most likely target Supermax as panic and short term retailers will panic sell

Post removed.Why?

With guidance from the Kementerian Kesihatan Malaysia (KKM), Supermax is implementing a temporary stoppage for three (3) days for its manufacturing facility in Meru, Klang from February 10th -12th 2021. The Company had discovered several positive cases of COVID-19 infection among its factory workers.

All glove stocks red today as all short term and panic retailers and RSS shorties keep selling down since last week and hope Supermax share can close above 6.40 today

Panic retailers and RSS shorties keep selling down Supermax shares

PARIS: French President Emmanuel Macron said on Friday that AstraZeneca's coronavirus vaccine appeared not to be effective for people over 65 years of age.

Speaking to reporters only hours before the European Medicines Agency (EMA) recommended the vaccine for adults of all ages, Macron also questioned Britain's decision to delay the second dose of Covid vaccines to inoculate more people.

Macron said there was "very little information" available for the vaccine developed by the British-Swedish company and Oxford University.

PARIS: French President Emmanuel Macron said on Friday that AstraZeneca's coronavirus vaccine appeared not to be effective for people over 65 years of age.

Speaking to reporters only hours before the European Medicines Agency (EMA) recommended the vaccine for adults of all ages, Macron also questioned Britain's decision to delay the second dose of Covid vaccines to inoculate more people.

Macron said there was "very little information" available for the vaccine developed by the British-Swedish company and Oxford University.

Next week all glove stocks uptrend as US and Europe markets continue red sea and disappointing newest J&J Covid-19 vaccine efficacy

Buy and hold top 4 glove companies with supernormal profits and highest dividend yield after reporting 4th quarter result (final dividend+special dividend)

Supermax will give final dividend and special dividend after 4th quarter result at least 50-60sen

Supermax highest ever PAT RM1.08billion and EPS 41sen highest among all glove companies... Cash balances huge increase to RM3.7billions and current PE drops to single digit PE8 lowest among all glove companies... Expecting another record profit and EPS in 3rd quarter as highest ASP still not yet reflected in current quarter.

Perfect timing for Supermax management to share buy back 10% outstanding shares as its cash balances end Dec 2020 at least RM3 billions

Buy and hold super growth and dividend stock...Hope Supermax management share buy back to further support die hard retailers to fight unscrupulous IBs short sellers

Covid19 pandemic will not disappear similar to influenza even though with different types of vaccines.Top 4 glove companies will add billions of cash every year to their massive cash balances.

Tomorrow bull run continues as more lockdowns in Europe... All stock indices in Europe fall including US DJIA index - 200 points

Closed super green today as super bull buying momentum supported by share buy back from Supermax cash balances at least RM3 billions end December 2020

LONDON —There is “some evidence” a new Covid variant first identified in the U.K. could be more deadly than the original strain, British Prime Minister Boris Johnson said Friday.

“We’ve been informed today that in addition to spreading more quickly, it also now appears that there is some evidence that the new variant — the variant that was first discovered in London and the southeast (of England) — may be associated with a higher degree of mortality,” Johnson told a news conference.

SBB 8millions shares 6.24-6.70 costs Supermax RM53.9millions only.Expecting next week 2nd QR cash balances at RM3.3billions compares to 1st QR cash balances RM2.3billions.Strong retail and both local and foreign institutional funds buying momentum next week to test previous high RM7.50 on Monday.

More than 12,400 in Israel were reportedly infected after accepting Pfizer's COVID-19 vaccine, which led to doubts over the vaccine's efficacy, despite the reported 95 percent efficacy in Phase III clinical trials.

This can be a sign that the vaccine's efficacy is not necessarily the same as data from experiments, which is affected by many elements such as the experiment environment and the population tested on, some experts said.

More importantly, experts warned that a vaccine is not a panacea. The public should learn that the most effective way is wearing masks and protective suits, they said.

After 2nd QR release EPS 40sen Supermax PE reduce to 8 only with current share price

New data shows that the Covid-19 vaccines currently on the market may not be as effective in guarding against new, more contagious strains of the coronavirus, White House health advisor Dr. Anthony Fauci said on Thursday.

A handful of new strains of the coronavirus have emerged overseas that have given scientists some cause for concern. Some variants that have been identified in the United Kingdom, South Africa and Brazil appear to be more transmissible than previous strains but not necessarily more deadly.

While it’s no surprise the virus is mutating, researchers are quickly trying to determine what the changes might mean for recently developed lifesaving vaccines and therapeutics against the disease.

Some early findings that were published in the preprint server bioRxiv, which have yet to be peer reviewed, indicate that the variant identified in South Africa, known as 501Y.V2, can evade the antibodies provided by some coronavirus treatments and may reduce the efficacy of the current line of available vaccines.

“Furthermore, 501Y.V2 shows substantial or complete escape from neutralising antibodies in COVID-19 convalescent plasma,” researchers with South Africa’s National Institute for Communicable Diseases wrote. Their conclusions, they said, “highlight the prospect of reinfection ... and may foreshadow reduced efficacy of current spike-based vaccines.”

Hope today high volume will reach at least 35-40 millions for strong uptrend momentum

Next week both Hartalega and Supermax will release super normal profits

Closing green today

Company making at least RM1 billion profits every quarter how can bleeding to death more worse than PN 17 companies?

Closing green today

Government just announced MCO in every state except Sarawak starting 22nd January until 4th February!!!

Joe Biden plans to increase testing and vaccination will increase high consumption of gloves... Although gloves not compulsory during vaccination but at least 70% healthcare staffs in US and Europe wear gloves during vaccination

Joe Biden plans to increase testing and vaccination will increase high consumption of gloves... Although gloves not compulsory during vaccination but at least 70% healthcare staffs in US and Europe wear gloves during vaccination

India population of 1.3billions just started Covid-19 vaccination and gloves were worn by nurses during vaccination.

India population of 1.3billions just started Covid-19 vaccination and gloves were worn by nurses during vaccination.

Escalating Covid-19 cases in Malaysia next few days according to Ministry of Health... More CMCO states will become MCO states next few days

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

KUALA LUMPUR (Jan 16): 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).

"Any further cut in the OPR will likely cause prices of banking stocks to drop, which will subsequently drag the local bourse as banking stocks make up a heavy weightage in the FTSE Bursa Malaysia KLCI (FBM KLCI).

KUALA LUMPUR (Jan 16): 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).

"Any further cut in the OPR will likely cause prices of banking stocks to drop, which will subsequently drag the local bourse as banking stocks make up a heavy weightage in the FTSE Bursa Malaysia KLCI (FBM KLCI).

Profit after tax RM1.1billion coming quarterly result categorized as doomsday stock really nonsense...

Doomsday means worse than PN 17???