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2021-02-06 11:04 | Report Abuse
“The demand for gloves will likely continue to grow, regardless of whether an effective vaccine is found, and the demand for latex-related supplies will grow in tandem, ’’ said Luxchem CEO Tang Ying See.
2021-02-06 09:29 | Report Abuse
Top Glove Raises Production Capacity
https://www.thestar.com.my/business/business-news/2021/02/06/top-glove-raises-production-capacity
The world’s largest glove producer said its production capacity was expected to increase more than 25% in 2021 to cater to the increase in global glove demand.
PETALING JAYA: In line with its strategic expansion plans, Top Glove Corp Bhd has launched a recruitment drive last month offering some 9,000 positions for Malaysians.
This represented an increase of 30% from its 7,000 new hires in 2020.
The world’s largest glove producer said its production capacity was expected to increase more than 25% in 2021 to cater to the increase in global glove demand.
Top Glove said the company would continue to further automate and digitalise its operations, thus creating the need for more skilled workers.
It has committed to provide a broad range of career choices for technical and vocational training and education (TVET) graduates.
It planned to hold monthly virtual career fairs, with the next event scheduled to take place on Feb 20. It was expected to increase the frequency of these fairs to twice a month, as needed.
The annual global glove demand growth is estimated to increase from a pre-pandemic level of about 10% to about 15% post-pandemic, according to Top Glove. It had earmarked RM10bil as capital expenditure for the financial years ending Aug 31,2021 to 2025.
2021-02-04 17:07 | Report Abuse
Aku Q @ RM3.50.... tak dapat.....
2021-02-04 17:03 | Report Abuse
04-Jan-2021 Topglov open RM6.100
04-Feb-2021 Topglov close RM6.710
2021-02-04 15:30 | Report Abuse
Gloves and Vaccine will fly together~! Yay ~!!!!!
“The demand for gloves will likely continue to grow, regardless of whether an effective vaccine is found, and the demand for latex-related supplies will grow in tandem, ’’ said Luxchem CEO Tang Ying See.
2021-02-04 14:54 | Report Abuse
Sit back and eat Nga Koo Chips and watch shorties do show
2021-02-04 14:53 | Report Abuse
“The demand for gloves will likely continue to grow, regardless of whether an effective vaccine is found, and the demand for latex-related supplies will grow in tandem, ’’ said Luxchem CEO Tang Ying See.
2021-02-04 14:53 | Report Abuse
Investors resume shorting of Top Glove, Supermax shares after one-day break
https://www.theedgemarkets.com/article/investors-resume-shorting-top-glove-supermax-shares-after-oneday-break
2021-02-03 14:29 | Report Abuse
So many shorties not able to short below RM5.80 keep asking people to sell.
Kikikikikikiki~~~~~!!!!!!
2021-02-03 14:22 | Report Abuse
“The demand for gloves will likely continue to grow, regardless of whether an effective vaccine is found, and the demand for latex-related supplies will grow in tandem, ’’ Luxchem CEO Tang Ying See.
IBs Pull Push Pull Push Pull Push Pull Push.....
Retailers sit back stay calm & eat Nga Koo Chips....
Kikikikiki~~~~~~!!!!!
2021-02-03 14:21 | Report Abuse
IBs Pull Push Pull Push Pull Push Pull Push.....
Retailers sit back stay calm & eat Nga Koo Chips....
Kikikikiki~~~~~~!!!!!
2021-02-03 14:20 | Report Abuse
“The demand for gloves will likely continue to grow, regardless of whether an effective vaccine is found, and the demand for latex-related supplies will grow in tandem, ’’ Luxchem CEO Tang Ying See.
2021-02-03 13:00 | Report Abuse
Penat short short short, nanti tutup RM7 jugak.... kikikikiki...
2021-02-03 09:25 | Report Abuse
IBs VS IBs
Pull Push
Pull Push
Pull Push
Pull Push
STAY CALM & EAT NGA KOO CHIPS
2021-01-29 21:47 | Report Abuse
Lebih baik hang pi short Public Bank next week. Mungkin dapat Tiga Ringgit Lima Puh Sen. kikikikikikiki....~!
2021-01-29 21:29 | Report Abuse
Malam ni kito tambah lauk "Satay Panggang Si-Pendek" Tiga Ringgit Lima Puh Sen ajerr... sedapppp betui ~~!!!
2021-01-29 21:23 | Report Abuse
Vaccine is not Glove's competitor.
Vaccine & Glove together fly ~!!! Yay ~~~!!!
Dua-dua pun aku ada beli... kikikikikikiki ~!!!
“The demand for gloves will likely continue to grow, regardless of whether an effective vaccine is found, and the demand for latex-related supplies will grow in tandem, ’’ - Luxchem CEO
2021-01-29 21:18 | Report Abuse
Suka hati JPM nak call price Tiga Ringgit Lima Puh Sen kerr... Satu Rinngit Lima Puh Sen...
Satu dunia tau kenape... kikikikikikiki ~~~~!!!
2021-01-29 21:14 | Report Abuse
Vaccine is not Glove's competitor.
Vaccine & Glove together fly ~!!! Yay ~~~!!!
“The demand for gloves will likely continue to grow, regardless of whether an effective vaccine is found, and the demand for latex-related supplies will grow in tandem, ’’ - Luxchem CEO
2021-01-29 20:49 | Report Abuse
Of course, we have all witnessed Hartalega’s record shattering results recently to know well enough that the glove sector is not only doing well, its strong earnings are sustainable even with the vaccines announcement since Nov 2020. Hartalega at USD 55 per carton could deliver record earnings, what more other glove makers who have much higher ASP.
The issue at hand is the earnings visibility, strong fundamentals and sustainability of ASP due to demand far exceeding supply due to a structural step up in demand, heightened hygiene awareness and large healthcare budget allocations by government all around the world. Based on these reasons, it is clear that the institutions and market participants took profit too soon expecting a speedy recovery of economy due to vaccine without considering the possibility of even a MCO 2.0. The short selling via RSS by funds further exacerbated the irrationality of valuation towards the glove sector.
I am a believer of fundamentals and think the glove stocks are undervalued by all metrics regardless of what is being misrepresented by some to mislead investors. These are wonderful Malaysian companies that have stood the test of times and are now world leaders. To invest or otherwise, that’s a decision only you can make. #gloveisgold
Source : www.tradeview.my
2021-01-29 16:52 | Report Abuse
Ya, hari-hari 4.45pm system hang
2021-01-29 16:37 | Report Abuse
Topglov selalu 4.30pm pecut punya..... kikikikikiki...
2021-01-29 15:53 | Report Abuse
Nanti Tan Sri bagi SURPRISE bagi shorties menjelang CNY..... kikikikikiki.....
2021-01-29 15:26 | Report Abuse
Call Date Target Price Call Ibs
29/01/2021 10.54 BUY HLG
18/01/2021 8.45 BUY RHB-OSK
18/01/2021 6.5 HOLD AmInvest
13/01/2021 3.5 SELL JP MORGAN CHASE
13/01/2021 6.5 HOLD AmInvest
11/1/2021 8.5 BUY KENANGA
11/1/2021 8.9 BUY CIMB
8/1/2021 10.54 BUY HLG
7/1/2021 10.54 BUY HLG
5/1/2021 8.84 BUY TA
5/1/2021 7.3 TRADING BUY PUBLIC BANK
5/1/2021 8.29 BUY MIDF
5/1/2021 11.05 BUY HLG
2021-01-29 09:27 | Report Abuse
Just hold.
Stay calm and eat Nga Koo Chips...
and watch IBs push pull show... kikikikiki.....
2021-01-29 09:22 | Report Abuse
manatau tang tang nanti Tan Sri kasi shorties surpirse before CNY.... kikikikikiki....~!!!
2021-01-29 09:03 | Report Abuse
Tradeview Commentaries (28th Jan 21) - Of GameStop, Gloves, Short Selling & Short Squeeze
Most by now would have heard about the parabolic rally of GameStop of 642% since 12th Jan 21. Some are calling it a mania, some argue it’s the sign of a bubble, some say it’s due to the Fed’s liquidity. The fact of the matter it was a case of short selling went awry due to organised retailers fighting back, over-selling by shortsellers who couldn’t get enough stocks from the market to cover their position and prominent names lending weight during the height of the frenzy. It became a movement and sparked unprecedented wave of reactions in the investment community. Now, what has this got anything to do with us back home in Bursa?
The top 3 most shorted stocks in Bursa since the lifting of RSS in 2021 would be Top Glove, Kossan, Hartalega. RSS known as Regulated Short Selling require approval from the exchange. Primarily, large funds / institutions are involved in RSS who take a view to short the stocks in return for profits. In order to execute RSS, they need to have in hand or access to large amount of quantity of stocks they plan to short. This was why, we saw EPF ceased to become substantial shareholder of Top Glove on 8th Jan 21 when it lend its shares for short selling (SBL). Recently, EPF recalled closed to 55 million shares and became substantial shareholder again.
When a Foreign IB research came out with an outlandish sell report in Dec 2020, I was perplexed by the entire premise and analysis of the report. I have never came across a report like that. What bewildered me wasn’t the questionable analysis but WHY would a sell side initiate the first report on the glove sector as a strong sell with ludicrously low target price across the board. I spoke to analysts and those in the industry, where they too were surprised. As Bursa is generally a long market, sell side rarely initiate with a strong sell for new coverage. Come January, it became clear what the true purpose of the report. It was to facilitate short selling of these 3 stocks in Bursa immediately upon lifting of RSS where funds can execute short selling through this Foreign IB. This Foreign IB would make huge fees from the execution of RSS for their clients.
After doing some channel checks, it turns out this Foreign IB in fact made a huge profit in 2020 facilitating foreign fund flows into our Glove sector during the rally in 2020. Now, this Foreign IB is simply doing the opposite. This was why, the Foreign IB research produced 4 reports during January month calling sell, when the glove sector sustained and at one point rallied back due increased in Dividend payout ratio by Top Glove, Share Buy Back by Kossan and Major shareholder buy back with own funds by Hartalega.
Of course, we have all witnessed Hartalega’s record shattering results recently to know well enough that the glove sector is not only doing well, its strong earnings are sustainable even with the vaccines announcement since Nov 2020. Hartalega at USD 55 per carton could deliver record earnings, what more other glove makers who have much higher ASP.
The issue at hand is the earnings visibility, strong fundamentals and sustainability of ASP due to demand far exceeding supply due to a structural step up in demand, heightened hygiene awareness and large healthcare budget allocations by government all around the world. Based on these reasons, it is clear that the institutions and market participants took profit too soon expecting a speedy recovery of economy due to vaccine without considering the possibility of even a MCO 2.0. The short selling via RSS by funds further exacerbated the irrationality of valuation towards the glove sector.
I am a believer of fundamentals and think the glove stocks are undervalued by all metrics regardless of what is being misrepresented by some to mislead investors. These are wonderful Malaysian companies that have stood the test of times and are now world leaders. To invest or otherwise, that’s a decision only you can make. #gloveisgold
2021-01-29 08:59 | Report Abuse
2021 Global Short Squeeze Season
2021-01-27 20:51 | Report Abuse
04-Jan-2021 Topglov Open: 6.000
27-Jan-2021 Topglov Close: 6.210
2021-01-27 17:35 | Report Abuse
எப்படி வரும் still above RM6.000?
ஏன் இது போன்றது ?!! Haizzz...... ~!!!!!
2021-01-27 17:01 | Report Abuse
Haizz~!! Q at RM6.000, tak dapat jugak ari ni... ...
Besok sudah Thaipusam, ஏன் இது போன்றது (why lidat?) still above RM6.000. எப்படி வரும் (how come) lah ~?
2021-01-27 16:49 | Report Abuse
System error hari-hari pukul 4.45pm
Best Buy: 6.690
Best Sell: 5.710
Semacam semalam..
Aduih...
2021-01-27 15:54 | Report Abuse
Vaccine is not Gloves competitor. Vaccine & Gloves will grow in tandem.
“The demand for gloves will likely continue to grow, regardless of whether an effective vaccine is found, and the demand for latex-related supplies will grow in tandem, '' - Luxchem CEO Tang Ying See
Trust the expert in the industry.
Else, long ago Tan Sri already sold his shares when it was RM9 like Pfizer CEO.
Instead, he bought back. You want shorting war, Tan Sri happy to play with you.
2021-01-27 10:58 | Report Abuse
Any report shows shorties making profits? what's the numbers like? How much were the ticket they borrowed from EPF?
2021-01-27 10:50 | Report Abuse
“The demand for gloves will likely continue to grow, regardless of whether an effective vaccine is found, and the demand for latex-related supplies will grow in tandem, ’’
2021-01-27 10:31 | Report Abuse
Everyday is show time. If not green tea then it's red tea. Very normal. Especially in share market that allow short.
2021-01-27 10:11 | Report Abuse
Sure Run First~!
Sure Run First~!
Shorties Shorties Sure Run First~!
Cannot Run ~!
Cannot Run ~!
Apasal pulak Cannot Run~?
Tengah Short Squeeze lah, bang...
Kikikikikikiki.......
2021-01-27 09:22 | Report Abuse
Today is Hari Sembahyang Chor 15th, marked the SHORT SQUEEZE Season 1.
Shorties faster Run First~!!!!
Kikikikikikiki..... ~!!!!
2021-01-26 21:18 | Report Abuse
Circumstances by reason of which Securities Holder has interest
1. Acquisition of 19,699,000 shares (SBL) by Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board; and
2. Disposal of 239,800 shares by Citigroup Nominees (Tempatan) Sdn Bhd - Emplys Prvnt FD BD (NIAM EQ) IC.
Total no of securities after change
Direct (units) 413,926,186
Direct (%) 5.159
2021-01-26 21:08 | Report Abuse
@everybodyhuat, very obvious. Even in glove forum here also the same few ekor with the same propaganda day in day out hoping that glove finish. If it is that easy to short the price down, they won't be here barking whole day & whole night long dy.. haiyah.... too obvious liao they lidat...
2021-01-26 20:51 | Report Abuse
The edge/JPM bolehlah jual suratkhabar diorang kat pakcik makcik di pasar.
Korang ingat pakcik makcik senang tipu ker?
My 84yo granpa who survived the 1987 share market big crash also said:"Topglov kah? Tak payah takut. Hold saje.."
Kikikikikiki.....
Besok kalo ada murah, nak tambah sikit lagi..
2021-01-26 20:45 | Report Abuse
Good news ~!! Can collect low again... kikikikiki... ~!!
Glove & Vaccine sama-sama fly ~!!!
“The demand for gloves will likely continue to grow, regardless of whether an effective vaccine is found, and the demand for latex-related supplies will grow in tandem, ’’ said Luxchem CEO Tang Ying See.
2021-01-26 19:20 | Report Abuse
RSS returned 20m shares to EPF? Any report on this?
I thought they borrowed total 40m shares from EPF.
2021-01-26 17:56 | Report Abuse
Really honestly speaking, you don't have to come into the counter forum that you don't invest in, and tell the people here they are making the wrong investment. You don't earn a single penny out of it, nor will you lose a penny (do you?)
To know your own motives, is always good enough.
2021-01-26 17:53 | Report Abuse
You don't invest in a stock and try to find comfort in it.
You invest based on your own analysis.
If you are convinced, then stay put.
If you are not convinced, then just leave the ground.
Simple as that.
2021-01-26 17:50 | Report Abuse
It's "Worthwhile", not "Worthwell"
It's "Soul", not "Sole"
2021-01-26 17:42 | Report Abuse
GameStop short-sellers lost $1.6 billion in a single day as Reddit traders rebelled against them
https://markets.businessinsider.com/news/stocks/gamestop-stock-short-seller-squeeze-losses-reddit-traders-citron-gme-2021-1-1030000080
***********************************
Will the same happen in Boleh-Land?
2021-01-26 17:37 | Report Abuse
Profitability is whether you managed to seize the opportunity e.g. when the price dropped to 5.300. And set your TP and execute it when TP hit. That's it.
2021-01-26 17:09 | Report Abuse
Tak pe, besok shorties boleh cuba lagi
Sila berusaha sungguh-sungguh sikit besok
Ramai menanti ticket murah korang ni...
Semoga bahagia shorting glove counters
kikikikikiki.......
Stock: [TOPGLOV]: TOP GLOVE CORPORATION BHD
2021-02-06 11:07 | Report Abuse
those keeep saying golove finished are actually burnt hard shorting topglov... kikikikiki......
04-Jan-2021 Topglov open RM6.1000
05-Feb-2021 Topglov close RM6.610