With Europe having lockdown again and Oil Price crashing again, the recovery theme will KO too. The anti glove community got nothing to be happy about. The recovery stocks will crash too. Glove will survive cos of the earnings and the dividends

With Europe having lockdown again and Oil Price crashing again, the recovery theme will KO too. The anti glove community got nothing to be happy about. The recovery stocks will crash too. Glove will survive cos of the earnings and the dividends

Historically, when Vincent Tan's Counters moved up, its the end of the Bull Market. I rather got stuck in Glove counters that pay good dividend.

Genting Aviation Singapore, part of Genting Group Bankrupt already

OWNER STILL BUY LAST FRIDAY. TOMORROW X DIVIDEND. NO WONDER CONTRA PLAYERS SELL OUT LAST MINUTE

Posted by numberone > Mar 22, 2021 7:44 PM | Report Abuse

Topglove is genuine share, unlike fintech xox groups.
They will keep diluting via Private placement, SIS and ESOS then consolidation, same process appears afterwards.

Do not buy XOX above 0.07, let all private placement and XOX employees ESOS die.
They keep issuing private placements (more 2.5 billions share unit since FY2020) below market price and then sell to retailer at market price to get 10% immediate encash.

Previously you own 100k units, you are above 100k over total circulated XOX shareholding of 1Billion.
Now if your 100k units became 100k over the 3.9Billion XOX shareholdings.
Retailers have been diluted to death silently.
EVEN BELOW 7 CENTS, THEY DON'T LOSE MONEY. OFFICIAL ACCOUNT IS ISSUED AT 7 CENTS. REMEMBER, THAT THE PEOPLE WHO TOOK THE PLACEMENT ARE NORMALLY RELATED KAKI - UNOFFICIALLY. THEY CAN SELL BEOLW THAT. ALREADY HAPPEN TO A FEW COUNTERS

Three years from Now, Supermax will still be making Profit.
Can you say the same thing about Genting?. The cash reserve all gone. Go toward buying the loan stocks of Genting HK and Empire USA.
If the 2 company (Genting HK and Empire US) is so good, the Lim Family will use their own money to subscribe to those IOU, Not using cash reserves from Genting Malaysia.
AT least the Glove company major shareholders use their own money to buy the glove shares

Aiyoh. Amanah Pencen selling again?

THE RSS SHORT POSITION ON KOSSAN HAVE BEING REDUCED. THE SHARE PRICE HAD NOT RECOVERED MUCH PROBABLY BECAUSE KOSSAN DROP THE LEAST AMONG THE TOP 4. BASED ON TP BY IBs, KOSSAN GOT THE MOST UPSIDE.

TECH GOT HIT. OIL CAME DOWN AGAIN. AIRLINE AND TRAVEL 7 TOURISM WILL GET HIT AGAIN. SEE WHERE THE SMART MONEY GOES

FRANCE AND POLAND LOCKDOWN AGAIN IN MOST REGIONS. SPAIN ALSO.
BRAZIL GOT RECORD NO OF INFECTIONS AND DEALTH

GLOVEFINISH BECOME GENTING FINISH. CHINA TOURIST IS NOT COMING BACK.
AIR TICKET WILL BE VERY EXPENSIVE. GENTING CASINO IS A OLD BUSINESS MODEL. SO THE OLD PEOPLE STILL GAMBLE AT CASINO. YOUNGER GENERATION TAKE TO SPORTS BETTING. OLDER PEOPLE GAMBLE IN BURSA.

Posted by Tantoro > Mar 19, 2021 9:46 PM | Report Abuse
Recovery stock all, Monday mampus esp Genting and AirAsia
GENTING MALAYSIA IS SURE DIE. KEEP PUMPING IN MONEY FROM CASH RESERVE TO BAIL OUT GENTING HK AND EMPIRE GENTING IN US. TODAY ANNOUCE TO PUMP IN ANOTHER USD20M INTO EMPIRE US. SO THE 2 COMPANY WILL FINISH GENTING
CASH RESERVE. THEN CALL FOR RIGHTS ISSUE

Sapu all sellers and match at $5.41. Wonder what the Glove haters say. Worth $3.50 but buy at $5.41. Quite dumb

Who can afford to buy from $4.24 to closed at $4.31. All park below $4.31 is matched at $4.31. Obviously its the the retailers.
What reason the Glove haters want to give? Throw away $

Time to buy this laggard

Australia already imposed Social media News law. Facebook and Goggle got to pay Newscorp for the news. Will happen worldwide soon.

THERE IS A GURU HERE WHO SAYS THAT THE LEAD TIME IS 3 MTHS. THINK IS MORE INFORMED THAN THE MARGMA PRESIDENT. MAYBE THAT NAYSAYER OWNS A FEW GLOVE FACTORY PRODUCING GARDEN GLOVE

KUALA LUMPUR: Malaysia, the world's biggest rubber gloves manufacturer, is racing to increase production to close a supply gap caused by the coronavirus pandemic that it warns could last until into 2023.

The Malaysian Rubber Glove Manufacturers Association (Margma) said on Monday (Mar 15) the country was in an oversold position of 160 billion gloves.

"The lead time currently is about seven months for the gloves to be delivered to the end customer," Margma President Supramaniam Shanmugam said, adding that demand would remain robust until the second quarter of 2022.

Hektar major income is from Rubberrex. Hextar goes from $0.7 to $1.3 but Rubberrex from $1.6 to $1.10. This market works in funny ways.

The Shorties and Naysayers think that they are smarter than Tan Sri Lim. Its so obvious that the shorties just try to block with big quantities part at seller price and trying to buy at bid price using other nominee accounts. Time is running out. Got to pay big dividend at month end.
With the court case, the Lim Family will top up with more purchase.

Same Boss as Hektar and Opcom. Boss will show his power soon

osted by greedy44444 > Mar 16, 2021 9:51 PM | Report Abuse
Already so many days can't break 4 means the bottom has reached for Supermx. Time to accumulate Supermx. Upside is definitely otw. Smart investors already started to accumulate Supermx at this level.
Based on 4 week, price range; Downside 1.
7%. Upside is 53.3%. Today trial run only. Soon Boss Stanley will show hand

KYY is a fox. Say he buy KPS. Now KPS drop like a over ripe durian

Glovefinish is also buying gloves lah. Suffering like us, some more cannot voice out the frustration. All pent up

4 Weeks Range: 4.02 - 6.27
4 Weeks Price Volatility (%): 3.11%
ANALYSIS THIS STATS
Downside is 1.71%. Upside is 53.3% (Based on closing price of $4.09 . Price volatility is 3.11%)
DEFINITELY WORTH A GAMBLE

Rubberrex got the lowest Free Float of 36.3% among all the glove counter. The least selling pressure and the best rebound

Posted by newway > Mar 15, 2021 10:19 PM | Report Abuse
@beginner shorties now can only block the price with rss but they also got limited bullets to sell down, even with 3.8m rss the price just down 2cents. up or down is ok to me, if down to rm5 i just top up, if up i just rejoice. when the price can't go down then eventually it will just go up
Good observation
SPOT ON. FAKE SELLERS. RSS VOLUMN IS PRACTICALLY ZERO. THE SELLER SHD BE PROPRIETARY. DARE NOT THROW TO BUYER. BUYER COULD BE HIS OTHER NOMINEE ACC. PARK BIG VOLUMN BUT DONE IN ODD LOTS. NOR GOING TO FRIGHTEN RETAILERS TO THROW ANYMORE

Posted by greedy44444 > Mar 15, 2021 6:36 PM | Report Abuse
Only 9 cents to below 4.00 also can't manage to push down to below 4.00 today, really useless and dumb. Money already prepare to sailang below 4.00. Glove finish you're fired !! Really useless guy after posting so many negative comments about Supermx day and night also can't push it to below 4.00.
I LIKE THIS POST. YOU ARE SPOT ON. ALOT OF FAKE SELL BIDS. NO BALLS TO THROW TO BUYER. BUYER IS THE SAME BENEFICIARY OWNER AS SELLER BUT USE NOMINEE. I AM ALSO WAITING TO AVERAGE DOWN BELOW $4. SUDAH 1 MINGGU

Park huge quantity to sell but dare not throw to buyer. The way I see, they are the buyer. Waiting for others to throw.

SO FOR THOSE NAYSAYERS, ITS A ONCE IN A LIFETIME CHANCE TO MAKE $.
WHY WAIT?
SO YOU ALL KNOW WHY THE PROPRIETARY TRADERS ARE TAKING THIS OPPURTUNITY TO TRADE IN GLOVES? BORROW, SELL, BUY BACK AT LOWER, CONTRA OFF AND REPEAT PROCESS EVERYDAY - TILL THE DAY YOU ARE CAUGHT WITH PANTS DOWN

11.What do investors need to do if they are interested to short sell any of the RSS Approved securities?
Investors interested to short sell any of the RSS Approved Securities would need to open a designated RSS trading account with their brokers. All trades have to be executed via this designated RSS trading account. Before any short selling orders can be executed, investors must provide a confirmation to the broker
(i) that they are not an associate pursuant to section 3 of the Securities Industry Act 1983, and
(ii) that have borrowed the RSS Approved Securities or have procured confirmation from an Authorized SBL Participant that the RSS Approved Securities are available for borrowing.
YOU CAN EVEN BUY USING AN RSS ACCOUNT AND THEN CONTRA OFF FOR PROFIT PROVIDED YOU
REMOVED YOUR SELL ORDERS FROM THE Q.
SECURITIES BORROWING IS AVAILABLE IN SMALLER QUANTITY AT KENANGA. CONTACT THE TOP REMISIER THERE IS YOU ARE KEEN.THE NAME IS PATRICK

SO YOU ALL KNOW WHY THE PROPRIETARY TRADERS ARE TAKING THIS OPPURTUNITY TO TRADE IN GLOVES? BORROW, SELL, BUY BACK AT LOWER, CONTRA OFF AND REPEAT PROCESS EVERYDAY - TILL THE DAY YOU ARE CAUGHT WITH PANTS DOWN

SO FOR THOSE NAYSAYERS, ITS A ONCE IN A LIFETIME CHANCE TO MAKE $.
WHY WAIT?

11.What do investors need to do if they are interested to short sell any of the RSS Approved securities?
Investors interested to short sell any of the RSS Approved Securities would need to open a
designated RSS trading account with their brokers. All trades have to be executed via this
designated RSS trading account. Before any short selling orders can be executed, investors
must provide a confirmation to the broker
(i) that they are not an associate pursuant to section 3 of the Securities Industry Act 1983, and
(ii) that have borrowed the RSS Approved Securities or have procured confirmation from an Authorised SBL Participant that the RSS Approved Securities are available for borrowing.
YOU CAN EVEN BUY USING AN RSS ACCOUNT AND THEN CONTRA OFF FOR PROFIT PROVIDED YOU
REMOVED YOUR SELL ORDERS FROM THE Q.
SECURITIES BORROWING IS AVAILABLE IN SMALLER QUANTITY AT KENANGA. CONTACK THE TOP
REMISIER THERE IS YOU ARE KEEN.

Posted by TillyLovers > Mar 13, 2021 7:37 AM | Report Abuse
Hi, is that possible to buy Supermx at RM 4 and wait to sell at RM5?
I DON'T WANT TO SAY CAN BUY OR SELL. I CAN ONLY SAY THAT I AM HOLDING 1M SHARES AT AN AVERAGE COST OF $5.
AS I SAY EARLIER, THE THRESHOLD FOR RSS IS 4%. LASTEST SHORT SELL POSITION IS 1.47%. IF THOSE NAYSAYERS THINK THIS SHARE IS WORTH BELOW
$3, THEN THEY SHD PUT A DEPOSIT WITH KENANGA AND BORROW TO SELL.
AT LEAST 25% PROFIT FOR THEM.
FOR ME, I AM BUYING ANOTHER 500K SHARES IF IT GOES DOWN BELOW $3.90

SUPERMAX HAVE A MKT CAP OF 11.1B. MRDIY HAVE A MKT CAP OF 24.5B.
MRDIY DO NOT OWN THE STORES THEY OPERATE FROM BUT IS PAYING HIGH RENTAL TO SELL CHEAP AND LOW QUALITY GOODS. THE STORE IS KILLING THEIR OWN NAME. .
I COULD NOT GET A 27A 12V BATTERY ELSEWHERE. BOUGHT AT MYDIY. RAIDER BRAND.
LAST 2 DAYS ON MY GATE REMOTE. BUY AGAIN. SAME THING - 2 DAYS LIFE

For the Supermax stock holders. Think you should just sit tight with your stocks. The Company did some buyback in Jan 2021 at above $6.
Those buy back shares were not kept as treasury shares but were cancelled. So the drop in buyback cost will not be reflected in the Accounts, but in fact is positive as the no of shares is decreased.
Ask your self this few questions
1. Who is putting up big sell bids ( Up to 800+K sell and 700K+ buy at a difference of 1 cent. Click on the trade details. Done at multiples of 100 shares -almost always less than 5K shares.
2. Why is the company and the major shareholder not doing any buyback even at this depressed price?
3. Company is building factory in US, Company building big HQ at Klang.

My guess is that the major shareholder is smart and knows from observing Tan Sri Lim of TopGlove, that its very hard to fight Negative Perception and the weapons at the disposal of the IBs.
So he is probably just accumulating quietly using nominees.
The company were probably be privatized at some stage and the listing
will be done overseas.
STANLEY HAD A BRUSH WITH OUR POLITICAL MASTER BEFORE. HE WILL MOST LIKELY RELOCATED THE LISTING.
Stay invested and you will ultimately be rewarded.
Retain Cash in Hand of about $1.36 per share.
Profit for Yr 2021 of about $1.60 per share.
Profit for Yr 2022?
What about company assets and goodwill. Supermax got their own Brand of gloves selling in the West.

A lot of wild guessing, all with some motives. Just check the Bursa
Net short position list. Facts as of 11 march 2021.
1. Short sellers have covered some short position on Kossan and Hartalega. They had not really increased the short position on Supermax. Still at -1.47% (If as all the naysayers are saying, they would have increase to 4% - I SUGGEST THAT THE NAYSAYERS SHD POLL THEIR RESOURSES AND OPEN A RSS ACCOUNT WITH KENANGA TO SHORT SUPERMAX-IF THEY THINK IT WILL GO TO $3 ) ACTION IS BETTER THAN WORDS
Airasia is now the 3rd most shorted stock on Bursa.

Click to see the details of the transactions. Buyer & Seller 70,000+
shares each side but trade in odd lots. Monkey business

Like squeeze stone for water. Park so many sellers but volumn is so small. Just to force retailer to give to buyer quote. Basically very fishy. Co no buyback. Owner no buyback. Using a nominee acc to collect, I suppose

Glovefinish by his comments does not own any glove shares. Why is he so busy posting negative news about glove and predicting that prices of glove stocks will continue dropping. Trying to save the not so smart investors including EPF and Tan Sri Lim ? Good guy. Got good karma.

Glovefinish by his comments does not own any glove shares. Why is he so busy posting negative news about glove and predicting that prices of glove stocks will continue dropping. Trying to save the not so smart investors including EPF and Tan Sri Lim ? Good guy. Got good karma.

Posted by lee901 > Mar 7, 2021 9:28 AM | Report Abuse
Uncle koon alr exiting and ask cut lost supermx, still got hope?
JUST MY ANALYSIS. YOU MAKE YOUR OWN DECISION. YOUR MONEY

If you guys get stuck at higher price, don't panic. Just keep for the dividend yield. Price will recover slowly. We are 3 market days pass the worst. No way its going down below that price 3 mkt days ago.
In the US Mkt right now, its RECOVERY Vs VALUE and CYCLICAL.
VALUE WILL WIN AT THIS TIME.

Price will recover to above $6 very soon. The selling is done by local Institutions. Except for those own by this IBs for leverage against the CWs they issued, I don't think they own that amount of Glove shares to sell. If they do, they would have sold at a higher price, not now.
Look are the bursa stats. A lot of selling is done by PROPRIETARY.
Who is PROPRIETARY?. This are trade by IBs for themselves done through IBs dealers. WHERE DOES THE SHARES COME FROM? THEY USED CLIENT'S MARGIN SHARES. So they have to buyback ultimately. WE NEED THE SLIDE TO STOP AND SOME CONSOLIDATION BEFORE RECOVERY TO NORMAL LEVELS. The slide had stop. We are 3 MKt days pass the Lowest Price.
I HAVE BEEN IN THIS INDUSTRY FOR OVER 40 YRS

Price will recover to above $5 very soon. The selling is done by local Institutions. Except for those own by this IBs for leverage against the CWs they issued, I don't think they own that amount of Glove shares to sell. If they do, they would have sold at a higher price, not now.
Look are the bursa stats. A lot of selling is done by PROPRIETARY.
Who is PROPRIETARY?. This are trade by IBs for themselves done through IBs dealers. WHERE DOES THE SHARES COME FROM? THEY USED CLIENT'S MARGIN SHARES. So they have to buyback ultimately. WE NEED THE SLIDE TO STOP AND SOME CONSOLIDATION BEFORE RECOVERY TO NORMAL LEVELS. The slide had stop. We are 3 MKt days pass the Lowest Price.

I think the drop in share price is due to the combined effect of RSS, the local IB's pushing down so as not to lose money on CWs and local retailers being influenced to sell down. The foreigners are net buyers of glove (except for the RSS one).
AirAsia RSS is also above 1% now and the share price keep rising.
Recovery for air travel cannot be soon. Now oil price also very bullish. Maybe got fuel surcharge on air ticket.
Oil counters also got RSS but share price keep going up

I think the drop in share price is due to the combined effect of RSS, the local IB's pushing down so as not to lose money on CWs and local retailers being influenced to sell down. The foreigners are net buyers of glove (except for the RSS one).
AirAsia RSS is also above 1% now and the share price keep rising.
Recovery for air travel cannot be soon. Now oil price also very bullish. Maybe got fuel surcharge on air ticket.
Oil counters also got RSS but share price keep going up

Brent Price
4-Mar-20 51.13 52.11 53.03 51.04
3-Mar-20 51.86 53.47 53.9 51.22
2-Mar-20 51.9 48.95 53.2 48.4
KLCI
4-Mar-20 1,489.95 1,478.33 1,491.07 1,474.95
3-Mar-20 1,478.64 1,476.30 1,481.36 1,466.90
2-Mar-20 1,466.94 1,471.34 1,478.68 1,456.08

VELESTO OPEN HIGH LOW CLOSE Volumn
4-Mar-20 0.28 0.285 0.28 0.28 0.28 14,530,300
3-Mar-20 0.275 0.29 0.275 0.285 0.285 33,608,100
2-Mar-20 0.28 0.285 0.25 0.265 0.265 48,442,300
Sapura Energy
4-Mar-20 0.17 0.17 0.165 0.165 0.165 48,695,900
3-Mar-20 0.17 0.175 0.165 0.17 0.17 146,744,300
2-Mar-20 0.175 0.175 0.16 0.16 0.16 267,377,000
Armada
4-Mar-20 0.3 0.31 0.295 0.295 0.295 36,386,800
3-Mar-20 0.325 0.325 0.3 0.31 0.31 72,970,600
2-Mar-20 0.295 0.31 0.29 0.31 0.31 35,937,400
Perdana Petroleum
4-Mar-20 0.35 0.34 0.36 0.33
3-Mar-20 0.345 0.375 0.38 0.335
2-Mar-20 0.36 0.345 0.365 0.335
KNM
4-Mar-20 0.2 0.195 0.205 0.195 36.17M
3-Mar-20 0.2 0.215 0.215 0.195 63.99M
2-Mar-20 0.2 0.21 0.21 0.195 41.81M
Hibiscus
4-Mar-20 0.73 0.75 0.715 0.745 0.745 12,964,600
3-Mar-20 0.76 0.765 0.73 0.74 0.74 10,038,700
2-Mar-20 0.735 0.745 0.715 0.74 0.74 8,083,400
Dayang
4-Mar-20 2.19 2.19 2.05 2.11 2.11 12,103,000
3-Mar-20 2.2 2.28 2.17 2.23 2.23 15,049,400
2-Mar-20 2.3 2.3 2.08 2.15 2.15 22,260,400
UZMA
4-Mar-20 0.72 0.73 0.705 0.725 0.725 1,033,800
3-Mar-20 0.74 0.74 0.705 0.715 0.715 4,752,500
2-Mar-20 0.695 0.695 0.655 0.68 0.68 2,619,000
Reach
4-Mar-20 0.11 0.11 0.105 0.11 0.11 1,142,200
3-Mar-20 0.115 0.115 0.105 0.11 0.11 2,763,800
2-Mar-20 0.115 0.115 0.105 0.11 0.11 6,577,400
T7 Global
4-Mar-20 0.405 0.415 0.4 0.4 0.4 3,602,900
3-Mar-20 0.435 0.435 0.41 0.41 0.41 5,008,800
2-Mar-20 0.415 0.435 0.395 0.435 0.435 5,075,60