Glove stocks will continue to be depressed if they don't the div yield issue...... market is assuming headwinds are coming and these companies are conserving cash to flush out oversupply

Post removed.Why?

smart director......making millions

Nothing to lose for Tyson....but.....for MFM no choice before it goes under

I think at the end mfm will get much lesser than 420m. They will not meet the profit guarantee

This company is highly leverage.....any amount received will go into paying debts

why no mention of acquisition price.....

bad news......

Post removed.Why?

is this old news.....didn't see it before
https://www.cbc.ca/news/world/marketplace-overseas-personal-protective-equipment-manufacturing-working-conditions-1.5873213

Nothing to do with RSS....too small an amount against all outstanding shares.....

do not keep glove stocks for long term..... good for you if you profit from short term trading

By now, if there is no limit on short, hedge fund will short gloves to the max ...........bleak future

Amazing.....in current environment Genting Spore also can make money

Let it free fall so all of us can collect even cheaper.....why defend it

there is only one way for glove stocks in the long term...... down

Need to sell out this counter and let it fall to the floor

The only hope for glove stocks is to pay 95% of its profit as dividend....there is no capex requirement.....glove has no technology

For those who are stuck at even RM3.....you should be convinced by now that the longer you hold, the worse it will get..... gloves have no competitive advantage....no brand equity.....tom dick and harry can make gloves

If a company's profit can swing up so easily, it can and will plunge ....... not for long term

Avoid glove stocks..... the controlling shareholders won't be defending for small shareholders....for them their wealth already few hundred % larger .....

Not only for TG but all stocks.....if you are all in stocks.....better diversify into other classes of assets.... we looking at a collapse of wall street within 2021.....if you follow the amount of money the US gov has printed and will continue to print

die

Anybody can make gloves.....the outlook is bleak

https://www.thestar.com.my/business/business-news/2021/02/05/iconic-worldwide-going-big-into-glove-making

If it cannot go to >RM9, many will still be stuck and perhaps never ever able to recoup

nothing to do with short selling....volume so small to have any effect.....

not really a long term stock....low value product....low tech....low barrier to entry......nil competitive advantage

not surprising this fell through. Pension fund will oppose. they have to do at least at NTA level.

i think all the glove companies' owner are so happy all small ikan bilis are helping them becoming billionaire

the only way to drive up short term interest glove stocks is very generous dividend as the super profit will not last

very vulnerable industry.....no competitive advantage.....low tech....anyone can make gloves

there is no dividend for this stock..... sold

short selling in malaysia is such a small amount compared to total shares..... there is truth in the prospect of glove

I don't think it will ever go to over RM9.....unfortunately

this counter when it's going up, it can go very very fast.....so no need to worry....most investors already have this stock for many years......die die won't sell

the bark works

I think NTA is the potential..... not best managed businesses but it is still a bank and a pharma riding the vaccine story

Profiting from others sufferings..... maybe it is ok

For supermax, we should support the short seller.... smash it to the bottom..... no point making so much money and gave nothing to shareholders.............

what is the outlook to go to RM9+?

The US venture will be a boo boo....watch closely

WHAT? I am in shocked. Did I see wrongly? 3.8c dividend? What's wrong with all the glove stocks. EPS more that RM0.4 and dividend 3.8c...... I think bad time is really going to come....all glove counters are conserving cash.....bad news

IBs short for a reason...... Glove's future will be down.......low value products, no competitive advantage, low tech, poor ESG

Envious those that got to play at the RM5-RM6 price and pity those still holding at RM9

long way to go.....sighhh

turning red

Stay away...will turn red

Glove stocks just not ticking the boxes - low barrier to entry, no competitive advantage, bad ESG, dependent on pandemic to prosper, foreign labour intensive, low tech.

LWC and family sure a bit regret not sell at >RM9.....will never get there anymore.....billion difference in value