Hartalega likely to see record 643% surge in earnings | https://www.klsescreener.com/v2/news/view/780473

https://www.institutionalinvestor.com/article/b1q3cxqlbmltyl/The-World-s-Biggest-Short-Selling-Hedge-Fund-Is-Scaling-Back

TopGlove. The shorties buy back 0.06% today. Drop from -2.82% to -2.76% BUT Kossan increase from -2.06 to -2.08%. Was watching them buying back at $4.15 but when Supermax drop to -6+%,
Kossan suddenly drop to $4.11. At the close, some joker throw quite a bit at $4.07 (From $4.11).
They managed to buy some then. Think most of the shorts were done at above $4.22.

Sorry. Saw wrong column. Its buy back 0.06% today

They buy back 0.04% today. Most likely at a loss

Posted by GoodBoy > Jan 19, 2021 2:26 PM | Report Abuse
RSS sold 1,141,900 shares so far in the morning session ...
MORE THAN A QUATER BUT PRICE ONLY CAME DOWN 2 CENTS

VOLUMN VERY SMALL TODAY

LETS HOPE THEY CONTINUE TO SHORT IN THIS LOW MARKET VOLUMN. WE JUST COLLECT SLOWLY.

GOT PFIZER'S VIAGRA INSTEAD OF COVID VACCINE TODAY

Posted by UnkleLim > Jan 19, 2021 1:15 PM | Report Abuse
Can just buy some when rss is near 4%
UNLIKELY TO REACH ABOVE 3%. TOO DANGEROUS FOR THEM.
TOPGLOVE REACH 2.83% AND THEY ALREADY STOP FOR COUPLE OF DAY.
TOPGLOVE PRICE ON 31 DEC IS $6.12
KOSSAN PRICE ON 31 DEC IS $4.50

Kossan :
28.7%; 31.94%, 31.5%, 26%, 33.17%, 27.89% and at noon break is 27.0%
Harta :
9.43%, 7.79%; 5.68%; 9.89%; 8.57% and 8.36%

Posted by MrGlover > Jan 19, 2021 12:43 PM | Report Abuse
Who has latest stats on morning short volume? Were they more aggressive than yesterday?
I monitor at intervals. Kossan become market leader for Gloves. TopGlove and Supermax, no RSS but follow Kossan down. Funny that TG went down more down Kossan. The rest of Gloves like Careplus and Comfort also go down with Kossan leading the pack. See how low they can go. I just buy all the way down

Posted by MrGlover > Jan 18, 2021 8:52 PM | Report Abuse
Last Friday short average price @4.27, today short average price @4.26. Don't sell anything below those figures. Everyday must gap up above. Time to flush them out. Q result out with divvy declared, they will quickly close their position and price will spike up. Otherwise they will have to bear the capital loss plus pay for divvy amount as well. Will definitely burn them. Hold tight guys!
YOU ARE SPOT ON. LESS THAN 2% OF SHARES FOR THEM TO USE AS AMUNITION TO FORCE PRICE DOWN. WITH LOWER PRICE ITS MORE RISKY FOR THEM.
HOLD TIGHT AND WILL BE REWARDED. IF BASE RATE COMES DOME ANOTHER 25 POINTS, CAN DRAWN MORE FROM MORGAGE LOAN TO INVEST IN THIS STOCK

Yesterday the average short sell price is $4.261

Figs on closing for Monday. Net Short Sell. TG is 2.82%, Kossan is 2.06%(Increase from 1.91%), Harta is 1.27% (from 1.22%) and Supermax is 0.56%. So on Monday, in spite of doing 31.5% of trade and being net seller of 0.15% of Issue shares ( 3,837,000 shares) they did not manage to drive Kossan Shares down. Infact is was up 3 cent at 4.25 before the artificial close at 4.22.
Harta was even better. Went up even though they sell more.

Posted by mikeazk > Jan 18, 2021 6:13 PM | Report Abuse
Hi Lin Heng, How do do you see the RSS volume? Is it in your trading platform? I cant see in the RHB trading platform
All depends on your platform. For Maybank, you can add a column and see like you see the normal volume. For AmInvestment, you need to right click the stock tracker.
For net short sell position you go to Bursa Stats

Posted by SteadyT > Jan 18, 2021 5:38 PM | Report Abuse
@linheng How do you know Supermax results is this week?
My IB update everyday.
This week is Supermax. Careplus and LCtitan

I quickly park in to buy at $4.22. Key in multiple times. Alot of others follow. I watch the RSS volume. Remain at 3.42 million, unlike last Friday when it keep going up

See tomorrow morning the Net Short Sell Position. Was 1.91% after last Friday close. If down form 1.91%, they buy some today. If up, they still sell some today. Hope they did not collect any today buy net sell. The threshold that they can sell is 4%. This week, Supermax Q results; Next week is Hartalega. After that is Kossan. Hope they follow TopGlove and declared a special dividend

Today RSS volumn for Kossan is the hightest. 3.42m out of 10.86m traded, ie 31.5%. Second highest is Hartalega at 7.79%. No short selling for TopGlove and Supermax.

The Short Seller try the same trick today. Throw about 100,000 shares at $4.22. I manager to buy some before others also park in to buy. I observe the RSS volume from 4.51pm to 5.00pm. Remain at 3.42 million.
Unlike last Friday, he did not manage to collect any shares at $4.22

No more big sellers to block price advanced. If Supermax results this coming Q is good, another upward ran and the short sellers have to cover the outstanding 2%

Vertice move from 23 to 33 cents. Ewein still sleeping

Anyone knows what is the issue price of shares for the USD8.5 million

Posted by wee2000 > Jan 15, 2021 6:48 PM | Report Abuse
they need shareholder to vote for the xendity acquisition. using shares as a payment for the purchase. It will dilute abit our number of shares.
USD$10 million. USD$1.5 million in cash. Balance USD8.5 M in shares.
EGM notes give all the protocol but did not tell at what price the shares are issue. Fxxx. How to vote like that

Assuming the monkeys from JP Morgan are right ie TP $3.80, we are already at $4.22. At $4.22, if I keep at least a year, I will get a minimum 40 to 50 cents dividend (A 10% yield will beat FD interest rate flat ) At $4.22 minus $0.50 (Div), my cost is $$3.72 (Cheaper that the JP Morgan monkeys)
Remember before than pandemic, Kossan is above $2.00.
They made special bearings and fenders for ports, ships and buildings in earthquake areas.

Sorry, the 100,000 was bought into margin account. Rakuten gives 5X value for Kossan.

I bought 100,000 Kossan at $4.22 using Rakuten Trade between 4.50 to 5.00 PM. Its not recorded in the statement to what I bought earlier. Wonder if there is any problem or if the seller is trying to cancel this transaction with Bursa.
This was my earlier purchase. The 100,000 bought at $4.22 is not added.
15-01-2021 Buy
TB/2021/122054
KOSSAN RUBBER
79,800 - 337,701.38 0.00 0.00 0.00

Posted by limontea > Jan 15, 2021 4:54 PM | Report Abuse
Top Glove - 1,450,000 shares (7% of total daily volume)
Hartalega - 1,400,000 shares (25% of total daily volume)
Kossan - 4,700,000 shares (28% of total daily volume)
Supermax - 730,000 shares (<1% of total daily volume)
Limontea got RSS volume at 28%. As I say, they collect the sellers at 4.22 cents (Obviously they calculated the buy Q and decided its worth the effort to throw first )- The final RSS figure is 5.74M shares out of 18.86 million traded ie 30.43%. That means they collected 2.43% of todays volume at $4.22 ie 458,300 shares at $4.22

You check the closing Price of all the glove counters on the 31st Dec 2020. Kossan is at $4.50. This is the only glove counter still below the 31st Dec 2020 price. All the rest have gone above last year closing price.
Considering RSS have a 4% limit and the net short amount is already about 1.8%, I really doubt that they will continue to short this counter aggressively.

They have been putting big sell quantity in order to suppress the price. Although RSS volume is high (30.43% today) and about 19% on the 14th and a very low percentage of about 6% on the 13th, the net short position did not increase much. The Net short position is 1.77% of Issue shares on the 13th and 1.78% on the 14th. So they are obviously blocking to collect. Last minute throw to 4.22 but the RSS volume keep increasing as someone takes the seller.

If EPF wants to be engage in speculative Short selling activity
why only lend to big boys. Open to all EPF members with sufficient funds in the account to borrow EPF Share Holding in Public listed Co for Short Selling. Our money in EPF can be used as collateral.
A lot of people will borrow and dump Maybank, CIMB or MBSB.

Posted by SpotOn1 > Jan 15, 2021 1:51 AM | Report Abuse
MALAYSIA DOESN'T NEED PARASITE JPM HERE, value destroyer instead of value creator.
Who empower that to short sell. EPF our mandatory pension fund.
Taking our stone to throw at our feet. EPF holds about 5% of Top Glove share that were bought at much higher price. If EPF thinks that TopGlove is overvalue, then sell. Why lend 40m shares to JP to Short Sell and reduce the value of your own asset. The small fee EPF earn from this SBL activity is not going to be sufficient to cover the capital loss

In Feb 2020, at this oil price Dayang was at $2.20.
Remember KYY recommend hold forever.
Now at least Public Bank IB recommend TP 1.66

52 Weeks Range: 0.09 - 0.385
Worth a gamble. Downside versus upside. The worse is over.
Oil Price back to Feb 2020 level. Velesto still not yet.

Sooner or later it have to go up.Give time for people to shift from Gloves

kOSSAN MOST UPSIDE ACCORDING TO kENANGA. Rakuten give Kossan 5X margin value. Can buy big big.

Source : KENANGA
Stock : TOPGLOV Price Target : 8.50 | Price Call : BUY
Last Price : 6.37 | Upside/Downside : +2.13 (33.44%)

Source : KENANGA
Stock : HARTA Price Target : 21.00 | Price Call : BUY
Last Price : 12.12 | Upside/Downside : +8.88 (73.27%)

Source : KENANGA
Stock : KOSSAN Price Target : 7.50 | Price Call : BUY
Last Price : 4.29 | Upside/Downside : +3.21 (74.83%)

Source : KENANGA
Stock : SUPERMX Price Target : 9.05 | Price Call : BUY
Last Price : 7.09 | Upside/Downside : +1.96 (27.64%)

Downside/Upside potential. Just pick up and hold few months. If vaccine works, good for those who pick up. If Vaccine cannot work, all use private car. Sill good for oil

Now we known that EPF lend 40m shares through SBL for some foreign funds for seed ammunition to drive down price of Top Glove (Being Mkt leader in the Glove sector, thus causing the rest of the Glove stock to also go down). EPF is the biggest mutual fund in the country and the funds came from the public who have to made mandatory contributions by Law. No other fund in the country got the amount of shares or diversity of portfolio to cause that kind of carnage that EPF
help create. Remember that the fund holds blue chips and not speculative small cap stocks that can be cornered to create a artificially high price. EPF got a social responsibility to manage our retirement nest and not to engage in such destructive activity. It is also not a good business decision to lend your shares to drive down the value of the assets you are holding. I encourage all EPF members to bring this to the attention of the Trade Unions, the EPF Investment Committee and the Press. This carnage cause so much misery to the small time Investor who hold this stock for the dividend yield. After all TopGlove's dividend yield is going to be way better than EPS's dividend.

Now we known that EPF lend 40m shares through SBL for some foreign funds for seed ammunition to drive down price of Top Glove (Being Mkt leader in the Glove sector, thus causing the rest of the Glove stock to also go down). EPF is the biggest mutual fund in the country and the funds came from the public who have to made mandatory contributions by Law. No other fund in the country got the amount of shares or diversity of portfolio to cause that kind of carnage that EPF
help create. Remember that the fund holds blue chips and not speculative small cap stocks that can be cornered to create a artificially high price. EPF got a social responsibility to manage our retirement nest and not to engage in such destructive activity. It is also not a good business decision to lend your shares to drive down the value of the assets you are holding. I encourage all EPF members to bring this to the attention of the Trade Unions, the EPF Investment Committee and the Press. This carnage cause so much misery to the small time Investor who hold this stock for the dividend yield. After all TopGlove's dividend yield is going to be way better than EPS's dividend.
09/01/2021 6:27 PM

Now we known that EPF lend 40m shares through SBL for some foreign funds for seed ammunition to drive down price of Top Glove (Being Mkt leader in the Glove sector, thus causing the rest of the Glove stock to also go down). EPF is the biggest mutual fund in the country and the funds came from the public who have to made mandatory contributions by Law. No other fund in the country got the amount of shares or diversity of portfolio to cause that kind of carnage that EPF
help create. Remember that the fund holds blue chips and not speculative small cap stocks that can be cornered to create a artificially high price. EPF got a social responsibility to manage our retirement nest and not to engage in such destructive activity. It is also not a good business decision to lend your shares to drive down the value of the assets you are holding. I encourage all EPF members to bring this to the attention of the Trade Unions, the EPF Investment Committee and the Press. This carnage cause so much misery to the small time Investor who hold this stock for the dividend yield. After all TopGlove's dividend yield is going to be way better than EPS's dividend.

Brent oil is above USD$55.00 Now 55.48. If this counter still don't go up on Monday, I sell all my glove and switch here.

Brent oil is above USD$55.00 Now 55.48. If this counter still don't go up on Monday, I sell all my glove and switch here.

Brent oil is above USD$55.00 Now 55.48. If this counter still don't go up on Monday, I sell all my glove and switch here.

Brent oil is above USD$55.00 Now 55.48. If this counter still don't go up on Monday, I sell all my glove and switch here.

Brent oil is above USD$55.00 Now 55.48. If this counter still don't go up on Monday, I sell all my glove and switch here.

Brent oil is above USD$55.00 Now 55.48. If this counter still don't go up on Monday, I sell all my glove and switch here.

Brent oil is above USD$55.00 Now 55.48. If this counter still don't go up on Monday, I sell all my glove and switch here.

Why Vertice move but Vizzone and Ewein no move. Thought all got share in Zennith Construction which ECK Development is buying