The belief of having vaccination = reduced demand for glove is akin to the mindset that invention of pants = people will stop peeing....

Patience is the key. A transfer of wealth from the impatient and unknowledgeable to the opposite group. Vaccination or not, gloves are in shortage for at least another 3 years...

There is a price to pay for not understanding how it works before simply buying / selling... the big boys are kind enough to fetch at RM 8.60 at opening. Imagine if they push it down together at first then only collect in the afternoon... The. You would be exploited to the max at RM 6.75...

There is a real possibility that this is as cheap as it will ever gonna be moving forward...
But knowing you guys... just keep waiting loh. See if you can ever get cheaper.
I don’t know if it’ll be cheaper, but I know I’m onboard for it to sail to RM 20+ or RM 30+...

On a more serious note, as I revisit the price chart again trying to fit Elliott wave count..
I’m inclined to revise my previous wave count to below:
Sept 10 bottom is end of previous wave C, or beginning of Wave 1.
Oct 20 is the peak of Wave 1, or the start of Wave 2.
Nov 4 is the end of Wave 2, the start of Wave 3.

Sorry, that’s just a private chat between Supermax and myself...

Oi! I said +3% everyday consistently starting from yesterday until 2023...
Even if you give more today, cannot deduct back from future uptrend ok?

Don’t be greedy. From now on everyday consistently +3% until 2023 enough liao. XD

Look at your own nick... you sound like you’re talking about yourself...

kukujiaochong Glove habis wayang lu. Many sohai talk while eating whole big banana inside mouth... Sound retarded wakakakakaaa
05/11/2020 1:14 PM

I hope with your narrow mind and crooked spirit, you have a bit of humanity left in your soul..
It may be very fun to just shout shout shout without any facts. But if you quiet down and spend a minute to think about it, the impact is far-reaching.

Any such tax is sending a loud message to the world that any business who comes in should expect an unexpected tax that targets you and only you if you make really good profit. This forces business to move out and hinder any new inflow of money. Under current climate, we need all the local job creations We can get.

Stop acting like a juvenile.


karimbokoss 5% 500M gone
10% 1B gone
15% 1.5B gone

Thats y, earn how many B also no use. Brainless.

Prepare for 15% for tomorrow new tax.
05/11/2020 10:18 AM

Stop spreading speculations like they’re actual news can or not...?

I feel the same bro. Some more glove can down last few days. Really wtf.

MagicGlove DJI 3 times in a row climbed more than 1 pct, our stupid economy klci dun even hit 1 time exceed 1 pct...really sohai klci..haha
05/11/2020 9:17 AM

There’s only 34 lots sell queue at 8.84...
I think you meant 10 lots...

RHBIB7 set Sell 1000 lots at 8.84
05/11/2020 8:49 AM

Jibbai Save Country Tax.... XD
So creative

I forbid you from scolding yourself so harshly!

chonglinlin So many sinkalin pretend to be sifu. More like sifut
04/11/2020 4:24 PM

chonglinlin Sure mati tis senkalin
04/11/2020 4:26 PM

RM 10, hope RM9.5.
RM 9.5, hope RM 9.0.
RM 9.0, hope RM 8.5.

Greed knows no bound...

I can accept a price drop.. but give me a story la..
If Biden won and Trump refuses to give up his power, I understand that can be troublesome.,,

But Trump won, with people coming out to vote, the no. of infection is bound to shoot higher again, unfortunately. So what is the story for the sell-down?

IB just fatt lan zha for no reason? And I thought nobody dislike trump more than me...

With Trump as president for another 4 years...
Best scenario is a Covid will stay in the US permanently, worst case is rushing out a half-baked vaccination that kills half the population of US...

Just kidding don’t take this one too seriously...

Just so you understand, I’ll be super happy to be wrong.
I was just stating the statistics. I don’t want Trump to win, but it’s not like we have a say at all...

BZai727 We will see
04/11/2020 12:57 PM

I would rather lose money than to have more lives lost...
The world is at stake all my friends... Can’t express how sad I feel... sigh

Geek2020 Trump victory is good for gloves. First he is going to fire Fauci. He is going to force states to reopen. Biden wanted to make masks mandatory. Pubs and bars will be open. Definitely Trump is the covid friendly President
04/11/2020 1:00 PM

I guess Trump wining is good for glove counters? Like, who else on earth can do a worse job than him stopping the spread of Covid?

I’m just sad that nowadays nobody cares about ethics, values, morals... And a lot more lives will be lost with him in the White House.

Because the world is a lot more complex than your brain can possibly understand...
Don’t worry, don’t stress yourself and continue playing with your duplo...


BZai727 Why ppl can say trump is winning while biden is leading? Are u all blind?
04/11/2020 12:49 PM

I’m not a fan of Trump.. in fact I sibeh hate him.
I hate to say this but currently it seems like he has the upper hand...sigh
Dark age

When everything else is green, SPX, gold, oil, all regional indicies... Supermax got suppressed.
IB’s are really unethical.

Top glove is the one downgraded but only drop 2%...
Supermax drop 5%...
Malaysia boleh

Close RM 9.50

2 x higher low + 2 x higher high...
Let’s see...

How about starting with something a 7-year old also know before asking us to read your crap...
Like learning how to type normally without FULL CAPS?


rr88 Let me tell you STUPID MONKEYS the OBVIOUS.

VACCINE IS ON THE WAY.

COVID INFECTION RATES WILL REDUCE DRAMATICALLY WORLWIDE.

DEMAND FOR GLOVES WILL CRASH. MARKET WILL BE OVERSUPPLIED LIKE CRAZY.

SHARE PRICES OF GLOVE COMPANIES WILL COME DOWN A LOT. BY A LOT IT WILL BE LESS THAN HALF PRICE.

WORLD ECONOMIES WILL RECOVER.

DEMANDS FOR OIL WILL INCREASE WITH THIS RECOVERY.

OIL PRICE WILL INCREASE.

SHARE PRICES OF OIL & GAS COMPANIES WILL INCREASE A LOT. BY A LOT IT WILL MORE THAN DOUBLE.

SO YOU AVOID GLOVE COMPANIES & YOU POSITION YOURSELVES INTO OIL & GAS.
02/11/2020 11:29 AM

This might be the great rebound...

Retailers can 1 second wipe out 8k lots at RM 9.00? And also those big buy queues at 9.10, 9.20, etc also 1 second-kill.
You think this is synchronised swimming?

bewareevilbloggers @coolbull
Spot On
The dominant I3 bloggers are the cause and manipulation of supermax share crash
Everyday non stop fake bull supermax
Sell to you sky high
Blame IB,CW, Foreign Agents, Donnaldd Trump

Evil lurkes here
Run
Never Come Back
02/11/2020 11:05 AM

I know IB’s are not known for their ethics, but this is too much...

Hartalega only dropped 2 cent (-0.11%).
Hopefully after the washing out the weak holders, Supermax could climb back up.

Most of us bought very low...
But even for those who lose money, nothing is scary.
What is scary is having a sick mind like yours. Someone with a sick mind like you, will never go far in life.

Sam Singh Those Supermax fanboys with big losses - I hope it was a successful weekend for you all?...

...received enough money at Jalan Raja Laut and Chow Kit selling your backside.

Time to buy again. Next week, have to go to Chow Kit again. OUCH!
02/11/2020 9:25 AM

So nice. Get to close +2 cents while more than 1000 other counters fell.
Have a great weekend all.

Proud anak Malaysia. Finally, on global news for the right reason.

ATARAH The NBC article mention MALAYSIA
30/10/2020 4:45 PM

Okay... I think the intention of the big fund was just to keep it out of red.

Hi. I saw it a few times when:
the price was around 9.30 (3:00pm) push up to 9.35,
again at 9.32 (3:16pm) push to 9.40..
And a couple more times after that.
4:20pm I think I saw it flashing for a while but it didn’t really move up in price like earlier.

Sweet chocolates @warn3r

4:20:27 - 4:20:35 time frame is the one u noticed right?
30/10/2020 4:31 PM

Maybe you are new... their tool will help them to break it down into small requests.
And also, even if they put 5k buy queue in one order... the record is based on transactions, means if sellers are loose and small lots, the records will based on that....

Please think before you speak. Thanks. =]

ScrewDriver lol those big volume block (>100k shares) in single transactions were *ALL* sell transaction
if you check the trade detail from trading platform...
30/10/2020 4:19 PM

You also saw it right..

Lasthope the 5k lot buying power never finish..... after selling pressure digested, it pop out again....

The fund really rich enough...
30/10/2020 4:14 PM

I was looking at the price action. There was a block of 6k lots that will block further fall, and slowly push up by moving the whole big block until it’s depleted.

This afternoon I saw that around 4 times (I was also doing something else). Besides that block itself, it also clear off the sell queue leh... easily 4 x 8k lots. RM 30 mil considered big funds ba?

The big fund seems wanting to just keep it small +ve... maybe not yet collected enough.
But they have already taken down the 9.50 force, now anytime can go pass if they want.
RM 9.60 I hope.

Let’s play a mini game. What’s your guess of today’s closing price?

Anytime now the big block will show up to push it up some more...

I’m not sure if my hunch is right... But with gloves shortage being on global news getting more and more attention world wide, it might have caught interest of ultra rich investors along with even more foreign financial institutions that didn’t used to look at Malaysia stocks...

I’ve never seen ppl moving the block like this...

The triangle formed this morning is held until the last minute... now has to decide on a direction.

The kindest thing as can say to you is... please read up widely and deeply...
Vaccination is not coming soon.
And for the sake of discussion, let’s assume vaccination is here. There are factors like how fast they can produce to cover 7.8 billion population, the effectiveness of the vaccine, and the acceptance of The public to take a vaccination that is rushed out.
And lastly, there is such thing as a reserves of medical supplies like someone pointed out above. That reserves is depleted and needs to be replenished even when the no. Of COVID cases is under control.
Also, do read up on how long it takes to eradicate a virus in the whole of human history, I am not going to spoon feed you.
There is no external visible determinant of whether a patient has contract COVID. Which means even if it’s just a common flu or normal fever, medical practitioners will still all be taking cautionary steps - full gear until test results is available for each patient.
It’s also funny how people who don’t do their homework can give so much advice. Do you know the ASP covers how many gloves in a box? It’s one of the cheapest items in the whole medical bill and hospitals / patients can’t be bothered... the stake is permanent damage as COVID does leave a mark on Long-term health / wellbeing even after recovery...

Last of all, please stay away from this share and also this forum... thank you.

Hush77 a lot of factors not to touch glove shares now..

1)now already after the earnings result-nothing to look forward to until next earnings, which by then the vaccine should already be out
2)once the vaccine is out, this 1 to 3 months time... glove shares will likely go down.. since the focus will be on vaccine.
3)most glove net asset is low. For supermax NTA is only 82 cents, way below its share price..
4)if there is windfall tax, glove will also go down...
5)glove share price has gone up 7 to 10X , remember what happen to the tech bubble in year 2000?
30/10/2020 10:20 AM

Elliott wave: it looks like we are at the beginning of wave 3... wave 3 is usually the fiercest and longest upwave. The best entry point besides beginning of wave 1 (super hard to catch - RM 6.00) is beginning of wave 3.

Sorchai’s who thought it would go red are flushed out. Now heading towards first stop RM 10.20.

I wonder what you could possibly derive from doing what you’re doing...
is it unreasonable to expect the price to go up to reflect its growth in profitability?
What is your excuse to be so sick-minded?
Sam Singh After this, "BELOW RM 9 STILL CHEAP LAH"

Then fanboys have to sell backside some more.
...until big Pepsi bottle also can go in HAHA!
28/10/2020 5:08 PM

RM 9.90 or RM 9.50 entry price should not matter much when it’s > RM 20...
If over long term profitability is not the determinant of price, then why is it not at March/April price level now?