I believe if they (shorties) have reach TP, they will exit position ASAP.

I don't thing shorties make any money even 4.8 bc of both shorts. If RSS at 50m and private ib lender shorts maybe another 50m. Total daily shorts 100m per day. Just my personal view.

Paktua73:
The order price must be higher than the last traded price of the relevant stocks.
This is known as the ‘up-tick rule‘.

Just my point of view on short selling.

I believe shorties will shorts on both sides (buy n sell) in order bring the price.
Left side shorting are provided private ib lenders or they have invested shares in long position. U can see their daily trading, big volumes are shorted on left side occasionally and big vol (RSS) are queue on right side to prevent the price from going up.

Summer holidays hang in the balance after the World Health Organisation urged against using vaccine passports to facilitate international travel.

It said proof of a jab should not be required because there remain 'critical unknowns regarding the efficacy of vaccination in reducing transmission'.

The WHO added that inoculated passengers should not be able to sidestep existing travel restrictions designed to reduce Covid.

And it also warned that scarce doses could be diverted away from vulnerable people if they suddenly become of value to travellers.

Setting out the WHO stance, the interim position paper states: 'At the present time, it is WHO's position that national authorities and conveyance operators should not introduce requirements of proof of COVID-19 vaccination for international travel as a condition for departure or entry.'



https://www.msn.com/en-gb/travel/news/who-says-vaccine-passports-should-not-be-used-for-foreign-travel/ar-BB1dZIqZ?MSCC=1603963639%20

KUALA LUMPUR (Feb 24): Malaysia's economic outlook is marked as "at risk", Moody's Analytics said today, as the country's Covid-19-driven Movement Control Order (MCO), which bars interstate travel, spurs expectation of slower economic and business growth.

Moody's Analytics economist Dr Steve Cochrane claimed that Malaysia is at risk because the country is seen to have the strictest Covid-19-driven policies such as the MCO to curb the spread of the pandemic and that the MCO has stopped interstate travel within Malaysia.

"There are a few countries I worry about the most," said Cochrane, who claimed that Malaysia "is having trouble controlling Covid-19 after it initially did a pretty good job early on in the pandemic".



https://www.theedgemarkets.com/article/malaysias-economy-seen-risk-mco-spurs-slowdown-bets-moodys

Gloves companies had contributed 400m to cover Malaysian on vaccine, medical equipment and etc. BC of contribution, Malaysian govt had managed to get the vaccine so fast.
Gloves hater u should thanks gloves for contribution to Malaysia economic recovery.

https://www.thestar.com.my/business/business-news/2020/11/06/big-4-glove-makers-to-contribute-rm400mil-to-covid-19-efforts
At the tabling of Budget 2021, Finance Minister Tengku Zafrul Abdul Aziz said the companies have committed to help cover some of the costs, which include vaccine and medical equipment costs.

Warrant are above already suspended before due.. Pls go n check.

IB had lend so many nominees shares and including underwear to JP shorties. The tickets in market are rare now. Boss Stanley and Tan Sri lim collected a lots today at low price.

Price down is only temporary. Shorties JP will need buyback in order to gain profit.

Malaysia Vaccination station. Health workers wearing full PPE and gloves.
https://twitter.com/KKMPutrajaya/status/1364244560008765446/photo/1

https://www.forbes.com/sites/giacomotognini/2021/02/11/billionaires-making-boatloads-of-money-from-once-cheap-medical-gloves/?sh=50aa13af661c

In the U.S., the national stockpile reported in December that there were only 72 million gloves on hand out of a target of 4.5 billion, forcing individual states to navigate a wild market rife with shadowy middlemen and black-market brokers, some outright frauds.

According to U.S. importer AmerCareRoyal and market analysts, the global demand for gloves nearly doubled in a matter of months from 300 billion pieces in 2019 to 585 billion in August 2020. But glove makers can only produce 370 billion a year—and while new capacity installed in 2021 will add about 50 billion more, that still leaves a shortfall of 165 billion gloves as the pandemic rages.

“We believe the demand will increase tremendously even after the pandemic disappears,” says Zyznowski, somewhat hopefully, “because billions of people became aware of the need for gloves.

Only few gloves haters believe no gloves needed after pandemic

GF:WHO official says pandemic to end at beginning of 2022

Most of countries haven't started vaccination or just starting or ongoing, how can pandemic end in 2022. This is just personal perception on vaccination. Wearing mask and safe distance will still be norm. Ongoing testing of covid19 will be continues and wearing gloves for vaccination will be forever in pandemic. Lockdown is needed whenever the new cases reappear.

Banks profit declining said BNM.

https://www.klsescreener.com/v2/news/view/793659/banks-unlikely-to-deliver-stellar-results-for-4q20

JP not only manipulate the RSS on gloves. JP strategist even set bitcoin for their investors at TP 146,000 2020 which have no intrinsic value. JP Presiden and CEO once call bitcoin "Fraud" in 2017.

https://www.cryptoglobe.com/latest/2021/01/j-p-morgan-strategist-puts-146k-long-term-price-target-on-bitcoin/

According to a report by Bloomberg, on 13 September 2017, after calling Bitcoin “a fraud”, Dimon went on to say that Bitcoin was “worse than tulip bulbs.” And if a JPMorgan trader began trading in Bitcoin, the J.P. Morgan CEO said that he would “fire them in a second.”

He went on to say that:

GF comments:
Furthermore its price might be further down because it's targeted for IDSS and PDT short selling coming soon in next month March onwards.

Definitely she is disappointed with the latest news.

Posted by lkoky > Feb 22, 2021 7:59 PM | Report Abuse

KUALA LUMPUR (Feb 22): The Securities Commission Malaysia (SC) and Bursa Malaysia Bhd have extended the temporary suspension on Intraday Short Selling (IDSS) and intraday short selling by Proprietary Day Traders (PDT Short Sale) to Aug 29, 2021.

The temporary suspension of IDSS and PDT Short Sale is due to expire on Feb 28, 2021. It took effect on March 24, 2020 as part of the regulators’ proactive measures to mitigate potential risks arising from heightened volatility and global uncertainties.

While the RSS JP shorties are waiting IDSS to resume to push price down, definitely they are disappointed with the latest news.

27 Israel 750,043 +5,530 5,577 +51
45 Malaysia 283,569 +3,297 1,056 +5
After 50% population vaccinated, Israel new cases still 5530 22/2/2021. It fare worse than Malaysia which has not started the vaccination.


https://www.worldometers.info/coronavirus/

Australia PM vaccinated by health worker wearing gloves. Police clash with anti-vaccine protesters are all wearing gloves.


https://www.bbc.com/news/world-australia-56143277

Malaysia is the largest producer gloves in the world. Top 4 bosses are more than willing to sponsor million gloves use in rolling out of vaccine.

Just need to wait few more days, Malaysia rolling out vaccines and there is chance u can see health workers administering vaccine wearing PPE and gloves.

South Africa suspended Astra zeneca vaccine bc of low protection. What happen to the peoples who had vaccinated with Astra Zeneca?

https://www.youtube.com/watch?v=JIkwaoCkWks

Italy refusing astra znecca vaccine b/c they think the vaccine is 2nd class and provide lesser protection. Vaccine was administered by health workers wearing full ppe with gloves.

https://www.youtube.com/watch?v=Cx_JrZcaPVU

Uk usage of gloves from Feb 2020 to Feb 2021
5,105,067,000
Previous gloves usage was 1,763,164,000 in 2019.

The usage of gloves had increased by 2.5 times during 1 year period of pandemics.

https://www.gov.uk/government/statistics/ppe-deliveries-england-1-february-to-7-february-2021/experimental-statistics-personal-protective-equipment-distributed-for-use-by-health-and-social-care-services-in-england-1-february-to-7-february-20

Wall St closes down on tech slide, rising jobless claims

Strong earnings, progress in the vaccination rollout and hopes of a $1.9 trillion federal stimulus package helped U.S. stock indexes again hit record highs at the start of the week.

But the months-long rally suggests stocks now have high valuations, said Jason Pride, chief investment officer for private wealth at Glenmede in Philadelphia.

"We are still in the cautiously bullish environment for the market on the whole," Pride said, citing two reasons.

"We're going to get a vaccine-induced economic recovery, that's No. 1. The flip side of that story is the markets have largely priced that in and driven themselves to over-valued territory. Markets are going to struggle with that," he said.

source from investing.com

https://1-million-dollar-blog.com/calculators/call-warrants-calculator/

Beside the exercise value, u need to know the conversion ratio of the warrant in order to calculate the profit and loss.

For those investors have interest in CW, Use the above warrant calculator attached.

Supermax call warrants expiring in February 2021:

1) SUPERMX-C92 (exercise value 2.93) expiring on 26 Feb 2021 by AmBank
2) SUPERMX-C93 (exercise value 3.42) expiring on 26 Feb 2021 by Maybank IB
3) SUPERMX-C95 (exercise value 4.34) expiring on 26 Feb 2021 by Maybank IB
4) SUPERMX-C97 (exercise value 3.85) expiring on 26 Feb 2021 by Maybank IB

Right now, medical-grade nitrile gloves are also in critically short supply and costs are skyrocketing, which could further hamper health professionals' ability to administer vaccines.

https://www.businessinsider.com/ppe-shortage-joe-biden-pandemic-covid-19-congress-niosh-2021-2

Rollout of vaccine actually good news for gloves companies as it will create additional demand of gloves for administer the vaccine. There will be renewal demand as the vaccine antibodies do not last long in our body system.

World population is approximately 7.5b and 15 billion doses will be required for the full vaccination of entire world population. Assuming the 70% of countries who administer the vaccine with gloves and this will create additional demand of 10 billion gloves.

Malaysia will rolling out the vaccine this month and i believe the vaccine will be administered by health workers wearing full PPE and gloves.

As Vaccines Continue to Roll Out, County Warns of Worsening Glove, Potential Syringe Shortages


http://www.chronline.com/community/as-vaccines-continue-to-roll-out-county-warns-of-worsening-glove-potential-syringe-shortages/article_17e8ef7a-4bc1-11eb-8c5e-57dd31b0b337.html

Israel is vaccine case study for covid-19 as it is fastest country to implement full vaccination program for its entire population.. If it fail, the entire world vaccination program will fail. Beside the vaccination, Israel and the rest of countries had started developing antibodies drugs for treatment of covid-19.

The White House COVID-19 task force has asked the Centers for Disease Control to conduct a comprehensive study on how many Americans have died since receiving the vaccine and the circumstances that led to their death, according to two officials familiar with the matter.

Officials aren’t concerned that the vaccine is having adverse effects on a large number of recipients. Instead, they are pushing for the study in order to ensure the federal government has a more complete picture of mortality in the age of the COVID-19 pandemic. The goal is to gather more data about the vaccine, its efficacy, and what happened to the recipients after they got the jab.


https://www.thedailybeast.com/white-house-asks-cdc-to-study-how-many-have-died-after-covid-vaccine-shots?ref=scroll

Date monitor RSS from 3/2 to 17/2
Stk date net vol Yday netvol diff cover
1.TG 17/02/21 197472867 -16300000 -51261100
2.SPMx. 17/02/21 26327789 90400 0
3 Kosn. 17/02/21 51414563 0 -692226
4 Hart. 17/02/21 42975910 -117413 -2960413

Shorties covered some position probably for interest payment to lender.

More retailer should be selling tech stock now. Most of them already acquired the full value of tech stocks. Switching to gloves stock is best option. Most of gloves companies are announcing their excellent qtr result during this period.. High profit and high dividend payout in each qtr result is expected.
Dividend payout
Kossan 11ct.
Harta 9.65ct
Supermx 3.8ct
Topglov 16.5ct.

In December, by contrast, the average daily infection rate was 200,000, and at its peak in January, it was close to 250,000. Since January 12, new case rates have steadily declined, the Washington Post reported.

Experts say the rollout of COVID-19 vaccines does not explain the drop. "I don't think the vaccine is having much of an impact at all on case rates," former CDC Director Tom Frieden said on CNN Sunday. "It's what we're doing right: staying apart, wearing masks, not traveling, not mixing with others indoors." Other experts say seasonal patterns in the virus may also play a role, and some have wondered if declining rates are merely a reflection of fewer people getting tested.

https://www.businessinsider.in/science/news/new-daily-covid-19-cases-in-the-us-just-hit-their-lowest-levels-since-october/articleshow/80944711.cms

Tech stocks bubble will burst anytime. PE>97 in KLCI. Switching to gloves stock is the best time now as the price is at extreme low.

https://klse.i3investor.com/blogs/klfc/2021-02-16-story-h1541111362-KLTE_VS_NASDAQ_Malaysia_Technology_bubble_soon.jsp

The more shorties shorting, the more dividend payout to lender. Tomorrow ex-date dividend 3.8ct for supermax shares.

Shorties covered Topglov 26.8m shares on 11/2/2021 at average price 6.21. Lost amount more 13.6m (-0.51ct/share). They are worried to lose more in high dividend payout in coming qtr result.

SUPERMAX Corp Bhd may offer a special dividend in its third-quarter ending March 31, 2020 (3QFY21) and 4QFY21, in the form of cash or shares as the glovemaker’s net cash level surged to RM3.41 billion or RM1.32 per share as at end of December from RM856 million in June.

Shorties probably never realized when highly profitable shares are shorted, it will have the risk to pay good dividend to lender for each coming quarters.

Hope all the glover makers will announced a high dividends in coming qtr.

https://themalaysianreserve.com/2021/02/05/special-dividend-potential-from-supermax/

Shorties will need to pay dividend on shares it did not own.
Coming supermax dividend payment date is at 26/2/2021

Supermx
Shorties did not own 25M shares they have shorted will need to pay approx. 1m interest on payment date.

Topglov
Topglov of dividend of 70% policy. Forecast at least 20ct dividend in March qr report.
257m shares, shorties will need to pay 50m-60m dividend to the lender at end of march.
If shorties used up 4%, the dividend pay to lender could be region of 80m.

She must be working with "Mat Salleh" shorties. Day n night u can see her negative comments

Top 5 Institutional ownership of Supermax
1 the Vanguard Group, Inc. 49,246,549
2 AIA Bhd. 41,650,547
3 Principal Asset Management Berhad 40,296,378
4 Public Mutual Berhad 31,458,034
5 BlackRock Institutional Trust Company, N.A. 31,336,484

Top 5 Mutual fund ownership.
1Vanguard Total International Stock Index Fund;ETF 24,607,943
2 Vanguard Emerging Markets Stock Index Fund;Inst 22,463,113
3 Stichting Pensioenfonds ABP 18,679,517
4 Florida State Board Administration Fund 13,811,403
5 iShares Core MSCI Emerging Markets ETF 11,715,713

Supermax are fully supported by International, local institutional and mutual fund on share price.

MARC upgrades Top Glove credit rating to AA+ on strong financial performance


https://www.klsescreener.com/v2/news/view/788759/marc-upgrades-top-glove-credit-rating-to-aa-on-strong-financial-performance

Israel had reported slow down in vaccination.

Israel’s vaccination drive appears to be slowing down, with healthcare providers finding it increasingly difficult to get people to come to be vaccinated, and at least one provider was forced to throw away expired doses, according to Monday reports.
The cabinet meeting saw heated arguments between Prime Minister Benjamin Netanyahu, who supported extending the lockdown, and Blue and White’s Defense Minister Benny Gantz, who wanted to begin easing the rules on Thursday. Health Ministry officials also opposed Gantz, and wanted a longer lockdown.

The cabinet want a longer lockdown and restriction even after 40% of the population already vaccinated.


https://www.timesofisrael.com/israels-vaccine-drive-slowing-with-clinics-struggling-to-bring-people-in/

https://www.nbcnews.com/news/world/covid-19-runs-riot-across-world-china-controls-pandemic-n1246587

"They have done an amazing job of controlling the virus," said Ali Mokdad, a professor of global health at the University of Washington and a former official with the international health program at the Centers for Disease Control and Prevention.

But such success is possible only through restrictions on individual freedoms, he said, that would not be tolerated in the U.S. and other democracies.

"If they don't maintain the good behavior and start letting down their guard, they will see a surge again,

GF, compare Malaysia lockdown with China, the restrictions control in My still far behind.

To vaccinate the world population (7.8b) will probably takes years. The new cases drops are not because of vaccination because vaccination cover only < 1% of world population 7.8b. The strict lockdown , wearing mask n gloves plays a important role in controlling infection not vaccination. China is a example of strict control on their peoples and quick lockdown and testing on infected cities. That's why China is well control of covid19 infection.

I wondering what the shorties do when finished their 4% top limit. Probably just watch shares shoot up if they still don't close position.

TanSri just want to 1% balance finished off at lower price. Total 256.7M shorted now. Another 71m left.

Topglov has 8% SBB remaining and shorties have 1%. Don't think shorties know to calculate. Try harder.

Shorties close position now and buy long, they will have bigger margin of profit. AsP 5.87 , press down 5 only 0.87 ct profit per share.
Buy long, probably profit greater 6 ringgit/share based TP 12.00

Shorties trapped at low price. The other way. Retailer will buy more n hold.

This reedit site contain the Shorties ASP price of Top 4 gloves from 4/Jan to 29/Jan.

https://www.reddit.com/r/bursabets/comments/l99qow/the_average_sell_pr...

This reedit site contained the Shorties ASP price of Top 4 gloves from 4/Jan to 29/Jan.

https://www.reddit.com/r/bursabets/comments/l99qow/the_average_sell_price_of_malaysian_glove_short/