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2021-01-28 14:22 | Report Abuse
Don;t have to wait for 50K for execution.
Someone start with SOP
Which counter to buy, 7106?
When to buy?
First thing in the morning when the action is thin so will have immediate impact. Do it every morning for the next week should see impact and more will follow on up trend
My 2 cents
2021-01-28 11:42 | Report Abuse
Asia could be next as Reddit squeeze on hedge-fund shorts goes global
Asian stocks next?
The trend could spread to Asian names that have recently seen short selling, such as Malaysia’s Top Glove, or larger liquid stocks such as Alibaba.
2021-01-26 22:05 | Report Abuse
More Americans have died from Covid 19 than deaths during World War II
431,000 have perished since. Vaccination started in US more than a month already. Yet, daily new infections and deaths are still so high.
On March 2020, Dr. Anthony Fauci says there could potentially be between 100,000 to 200,000 deaths related to the coronavirus
Then in November Fauci Warns U.S. Virus Death Toll Could Surpass 400,000 by March. He was wrong both times.
Biden now Warns of 500,000 COVID Deaths by February
Vaccines cannot stop this pandemic any time soon. We will have to live with it for at least another two more years.
2021-01-26 14:19 | Report Abuse
At the traffic lights RED STOP, GREEN GO
Here, RED BUY, GREEN SELL
2021-01-26 13:40 | Report Abuse
Prices change all the time and alternate between reds and greens.
Sell when they are red is to slap yourself. It should be painful, I think.
2021-01-26 13:02 | Report Abuse
When in doubt follow the Boss.
SBB up to $6.70
If current prices below $6.70 just BUY.
Ang Pow before CNY
2021-01-25 23:46 | Report Abuse
A gap up for all glove counters tomorrow morning will do justice for the fantastic earnings report from Hartalega.
2021-01-25 23:40 | Report Abuse
Of course it has very much to thank Donald Trump for
2021-01-25 23:37 | Report Abuse
No empire lasts for ever. 2020 will be a very decisive year. Historians will look back and most likely will record 2020 as the start of US decline.
2021-01-25 23:18 | Report Abuse
$2 Billion plus of RSS also cannot make the prices drop, what can the smaller value IDSS do?
2021-01-25 23:14 | Report Abuse
From March onwards the selling pressure will be much reduced. Top Glove will be dishing out their fantastic quarter dividend again and RSS would not be much then.
2021-01-25 23:10 | Report Abuse
How many more warrants expiring this month and next month?
2021-01-25 23:07 | Report Abuse
All the selling and negative media coverage is to push down prices so as to save their warrants. C1a expiring 29 Jan. Today is at breakeven price when mother share is at $7. Imagine if the market had been allowed to perform normally what would be its price today? Definitely much higher than $7. How much the warrant issuer would have lost?
2021-01-25 20:39 | Report Abuse
Tomorrow all green again for glove counters
2021-01-25 20:37 | Report Abuse
Hartalega just announced biggest quarterly profit ever.
Yet, analysts are decrying reducing ASPs and forward demand/ Many even lowered their TPs.
Perhaps they should review this:
https://www.youtube.com/watch?v=kvZLCpAubRk
2021-01-25 19:15 | Report Abuse
Covid-19 numbers in Malaysia continue to soar a year to the day since the country’s first case was detected – but after more than 180,000 infections, 678 related deaths and two nationwide lockdowns, public health experts are now concerned that the nation’s contact-tracing efforts are falling dangerously short.
People who have tested positive for the disease have taken to social media to complain that they had not yet been contacted by health officials, while contact-tracing applications such as MySejahtera and SELangkah are overwhelmed, with reports indicating that thousands of close contacts are potentially being missed on a daily basis.
2021-01-25 18:00 | Report Abuse
$8.88....$10.88.........$13.88..............$18.88...............
Coming soon
2021-01-25 13:51 | Report Abuse
Pfizer's share price peaked in December during the rollouts in UK and US. It's last closing price is almost 20% down from its ATH.
Shouldn't it be breaking new ATHs?
2021-01-25 13:48 | Report Abuse
Israel have got 30% of their people vaccinated with Pfizer. The country is still in a lockdown till 31 Jan 2021.
Even in the midst of lockdown, they continue to have high daily new infections and deaths.
Apo nak de kato?
2021-01-25 13:40 | Report Abuse
How ridiculous can this get!
Even after vaccination, we still have to follow SOP
Reason given is:
We can still be infected
We might even transmit to others too
Besides enriching the vaccine manufacturers what good is it to get the vaccines
2021-01-24 23:09 | Report Abuse
Last year Wuhan had 76 days of lockdown.
Today they are back to normal while many other places are struggling.
2021-01-24 23:08 | Report Abuse
You cannot have the cake and eat it too.
It is either complete lockdown or the economy.
We cannot have both
2021-01-24 22:03 | Report Abuse
Are the short sellers going to have problem borrowing shares again?
2021-01-24 19:32 | Report Abuse
@al8800: https://www.youtube.com/watch?reload=9&v=kvZLCpAubRk&t=6979s
Gloves On or Off : go & watch the youtube
Viral this link
Let more understand the state of affairs.
And deny the naysayers and schemers any space
2021-01-24 18:39 | Report Abuse
Singapore was considered the 'Gold' Standard in its earlier efforts at covid control. Then it had the massive case numbers from their foreign workers. Today, they have regained back their gold standard status.
From Hero to Zero and back to Hero again.
One drawback from this success is the low percentage of Singaporeans willing to take up free vaccine immunization.
2021-01-24 17:31 | Report Abuse
Up to end September 2020 our covid containment based on the cluster approach was effective. They were less than 300 new infections a day. From October onwards the daily cases increased and became so bad lately. A lot of blame was directed at the 28 September Sabah state elections when returnees brought back the virus to the Peninsula.
The current situation with almost the whole country under RMCO shows that the cluster approach is no longer tenable.
We can expect to see further rise in infections in the days ahead.
2021-01-24 17:17 | Report Abuse
For more than 6 months already the whole world is short of notebooks and inject color printers. This is due to the US tech war with China resulting in insufficient production of semiconductor chips.
So all notebooks are in short supply and unit prices ballooned sharply adding RM300 - RM500 for even the entry level unit.
If glove production under threat of shutdown what will possible happen to both spot and contract ASPs?
2021-01-24 14:45 | Report Abuse
These 5 countries don't need vaccines to contain covid
- China
- Taiwan
- Vietnam
- New Zealand
- Australia
2021-01-24 12:36 | Report Abuse
RSS resumed on Bursa only this month and on its very first day short sellers went to town targeting glove counters. Infact, 90% of all shorts were on them, especially against Top Glove. Todate, the net short position on Top Glove alone is 223M shares.
Who have been buying up this huge number of shares? What are they seeing that the majority cannot.
2021-01-24 12:15 | Report Abuse
In Malaysia we can still buy gloves at the pharmacies. There is no acute fear of shortages as felt in other countries.
Until recently our daily new infection cases were manageable. It was only in early October that we had more than 300 cases a day. But the numbers quickly rose and we are even having several 4000+ daily cases this month. Some forecasting models have suggested a doubling to 8000 daily cases in the near future. We are now one of the world's top 20 fastest rising countries in new infections.
Perhaps now people will look at gloves differetly and it will be positive for glove stocks.
2021-01-24 09:58 | Report Abuse
On the matter of dual or secondary listing on other exchanges.
Top Glove is already trading on the SGX. But it has no impact on Top Glove's Bursa valuations. In fact it mirrors Top Glove's share prices here. I guess it fears arbitraging more than anything else. So Supermax's intended SGX listing will be of any help?
Top Glove's potential listing on HKE is a different kettle of fish altogether. The available liquidity will be a tremendous boon to Top Glove's valuations. As the tide rises, all the other glove counters in Bursa will rise accordingly since they are traded as one entity.
2021-01-23 22:34 | Report Abuse
I thought we are on gloves.
@Tonee bro, sometimes you need to let her smell some fishy, then she knows your selling points and kan jiong a bit, not to ask you cheat on her, but being just a bit more sociable with other ladies, especially old aunties.
This problem is as old as humanity itself.
After the stomach is fed and full below the stomach is still hungry!
2021-01-23 21:32 | Report Abuse
Latest vaccine news are mainly negative
- production/supply issues
- delay 2nd shot beyond recommended 21 days
- more infectious and deadlier new variants
- current form vaccine less effective against new variants
- can still be infected after vaccination
- The Norway deaths post vaccination
- The numerous side effects
- etc blah, blah, blah....
Local media talking about the above?
2021-01-23 21:08 | Report Abuse
@stonkong: which the all 7?
The Big 4 plus Rubberex, Comfort and Care Plus
2021-01-23 21:05 | Report Abuse
Our local media still not reporting on vaccine issues. Their stand is suspect.
2021-01-23 21:00 | Report Abuse
The US under Trump is a different US
If a more contagious strain of SARS-CoV-2 first evolved in the United States, scientists likely would not have noticed so quickly. Despite having a larger population than the UK, a sophisticated biomedical research industry, and tens of millions more cases of Covid-19, to date US labs have only uploaded 69,111 sequences, according to GISAID.
“It’s embarrassing, is all I can say,” Diane Griffin, a microbiologist and immunologist at Johns Hopkins, told Vox.
The US has lagged behind on so many aspects of pandemic response — from an initial lack of testing, to the current strained and clumsy rollout of the Covid-19 vaccines. Lack of genetic surveillance is just another. Without it, we’re kept in the dark: Scientists can’t see, clearly or quickly, how and if the virus is mutating in concerning ways. It also leaves us without another useful tool to deploy in contact tracing studies.
2021-01-23 20:58 | Report Abuse
The coronavirus is constantly mutating to survive and to overcome any vaccine out to destroy it.
It would be hardly surprising that vaccines also have to constantly change to address the newer variants like the UK B1.1.7, the Brazil variant, the South African variant and the latest California variant from US.
2021-01-23 20:16 | Report Abuse
At current price levels RSS cannot be profitable. Had RSS been allowed in October, November and December they would have made a big kill. Especially with the support of friendly media pushing vaccine news, windfall tax, margin limits, and Top Glove's ESG problems.
But RSS still have a role to play in the short term.
2021-01-23 20:01 | Report Abuse
The covid vaccine cannot protect us from being infected.
Upon infection can we spread it to others? This they cannot tell as no tests were conducted.
The current vaccines from Pfizer, Moderna, Astra or Sinovac have lower effectiveness against newer variants.
So what is the advantage of getting the vaccine then?
2021-01-23 19:45 | Report Abuse
Without RSS, all glove stocks would have risen this month.
Same as for all the other glove companies outside Malaysia
Intco China - UP, All time high, even
Riverstone Singapore - UP
Sri Trang, Thailand - UP
Ansell Australia - UP
Vaccine news had pressured glove stocks worldwide last quarter 2020.
Since Pfizer rollouts in UK and US more than 45 days already we are made aware that vaccine is not a panacea or cure all.
Daily there are still a lot more new infections and deaths.
So this month glove counters are getting more positive sentiments and interests resulting in their increasing prices elsewhere.
Only here are they still under threat.
2021-01-23 18:46 | Report Abuse
All the 7 glove stocks in Bursa are treated as one.
When one goes up the rest follows
When one is down the rest also show red.
RSS has no effect on SuperMax. They cannot borrow shares to short but this did not prevent SuperMax share price from falling or rising in tandem.
2021-01-23 17:59 | Report Abuse
Top US medical adviser Fauci says Trump’s coronavirus approach ‘very likely’ cost lives
"It is what it is" says Trump
2021-01-23 17:25 | Report Abuse
@ToneeFa: Not wrong but it's clear sign that there are hidden hands priming our Big4 as targets for takeover.
That explains the SBB. Must be defensive in intent.
2021-01-23 17:09 | Report Abuse
Making our glove stocks more affordable....
Intco China total production of gloves for 2020 is 9 Billion pieces.
Market cap is 100.2 Billion Yuan or 62.5 Billion Ringgit
Top Glove total production for 2020 is 91 Billion pieces
Market cap is 51.3 Billion Ringgit
Intco China is worth more than Top Glove Malaysia even though it is the biggest glove producer in the world and 10X bigger by output compared to Intco.
The maths must be wrong somewhere!
2021-01-23 12:18 | Report Abuse
President Joe Biden has painted a bleak picture of the nation’s coronavirus outbreak in his first few days in office, warning that it will take months to turn around the pandemic’s trajectory and that fatalities are expected to dramatically rise over the next few weeks.
“A lot of America is hurting. The virus is surging. We’re 400,000 dead expected to reach well over 600,000,” Biden said on Friday before signing two executive orders designed to reduce hunger and bolster workers’ rights amid the pandemic.
2021-01-23 11:41 | Report Abuse
Lockdowns are effective to contain its spread but it comes at a very high economic cost. Already Europe is facing a double dip recession.
We are in a catch 22 situation.
Stock: [SUPERMX]: SUPERMAX CORPORATION BHD
2021-01-28 14:26 | Report Abuse
Size do matter.
Get 5000 to agree and can execute