All commodity products related business example Palm Oil, Steel, aluminum, tin, O&G, poultry is cyclical.

MSC is going enjoy windfall profit and not much different with gloves. Nothing to shout.

stock market is about making money and nothing else. IBS talked bad about gloves sector because they wanted to slashed payouts to CW holders in last 2 mth. This time, IBS wanted to slaughter Shorties for making fast money. Shorties are now a fat white sheep to IBS.

stock market is about making money and nothing else. IBS talked bad about gloves sector because they wanted to slashed payouts to CW holders in last 2 mth. This time, IBS wanted to slaughter Shorties for making fast money.

Posted by ToneeFa > Jan 8, 2021 10:42 PM | Report Abuse

@supermaxdarren I am so amaze with bursa investors. We all know our gloves are for export and mainly on Europe and USA. Bursa investors don’t care lock down in England, France and etc. they only care mco 2.0 in Malaysia. By right mco does not affect their revenues and future order..but share price shoot up due to coming mco.
08/01/2021 10:24 PM

The problem is always more real when it hits home. Just early last month, most analysts were still saying the pandemic is over and glove is finished and gloves supernormal profit cycle is finished. Game over. But today, it hits home that we are staring at Pandemic 2.0 which without doubt will be many times worse than Pandemic 1.0. So not only glove is not over but the demand will be even more intensified and although supernormal profit cycle is over, we are now moving into ultranormal profit cycle.

First round, IBS push up the mother prices and sell CWs. Second round, Shorties rush to buy back shares shorted and drive the mother share price higher for CWs selling at better prices.

This time foreign hedge funds (shorties) will be eaten by local IBS & Funds and EPF.

Shorties have to buy back shares and return to EPF before the end of their SBL date.

local IBS have close contacts with government top officials. It is easy to get help from them as what had happened Topglove last month.

IBS can simply make more than hundred million in few weeks. Shorties are caught in the middle while IBS are sharpening knives .

6 local IBs are taking the sudden reverse trend killing shorties to max their interests.

local IBs are driving the share prices higher to hedge their position in low exercise price CW C71 to C84. At the same time, they are selling SW C85 to C1C at good prices. Many more in similar ways for Supermax, Kossan, Harta, Rubberex and Comfort.

Post removed.Why?

Portfolio returned to the green in a single day.

We had been suffering mentally from the shorties actions in the past few days. Karma to shorties now.

Wait for the shorties to cover their karma next week.

Shorties are diverting their attention into other sectors to cut down losses in Gloves.

No more JP Margon dream target price 3.5 for shorties?

Hot money is back to gloves again. Shorties are doubts of their actions for the past few days.

Shorties are shivering and thinking of cover their short.

MCO 2 is the game changer to wake Shorties up.

Foreign funds are relying JP Margon report to short the gloves market.

Local IBs want to strike for one stone kill 2 birds.. Chop shorties and sell their CWs.

How to chop shorties if local IBs are not involving?

Cool man... Big shorties are apparently foreign funds. Read the report of Ben Tan.

MCO 2 summons the local troops to chop foreign shorties.

Marching SMA 200 shocking shorties.

Local IBS will receive big bonus in CNY after chopping shorties.

IBS are desperate in selling their CW. Chopping shorties is a must .

Local IBS will dismantle the first barrier, shorties.

IBS wanted to minimize CWs payout though strong sold down last month. They intend to sell more CW from this month but big shorties are disturbing.

Local IBS and local funds are taking advantage of MCO 2 opportunity to chop shorties.

The emerging of big shorties will heavily disrupt CWs business.

How on earth local IBS and funds trapping long holders? They have to chop shorties and sell Cws latter.

Shorties. Short selling is a double edge sword. Karma bouncing once loosing momentum.

Balance. Shorties are playing a defensive game now. They was supposed to short straight all the way for last few days. Shorties have lost momentum steams...doubting the trend.

BALANCE_VIEW > Jan 8, 2021 1:52 PM | Report Abuse

tresurehunt .... hope that shorties have fully utilised the 4%. Then it will b a nice war to fight!!

Shorties short sell 106 million shares at average price 5.4 on 4 Jan. Paper loss above 10% now.

Once availability of gloves returns to normal, healthcare facilities should promptly resume conventional practices. Determining the appropriate time to return to conventional strategies can be challenging. Considerations affecting this decision include:

the anticipated number of patients for whom gloves should be worn by HCP providing their care
the number of days’ supply of gloves currently remaining at the facility
whether or not the facility is receiving regular resupply with its full allotment.
Top of Page
Conventional capacity strategies
Continue providing patient care as in usual infection control practice

Note: CDC does not recommend double gloves when providing care to suspected or confirmed COVID-19 patients.

Continue use of FDA-cleared disposable medical gloves in accordance with standard and transmission-based precautions in healthcare settings and when indicated for other exposures such as handling cleaning chemicals.
Reinforce indications and recommended practices for non-sterile disposable glove use.
Prioritize sterile gloves for surgical and other sterile procedures.
Medical gloves for handling chemotherapy agents (chemotherapy gloves) should be prioritized for HCP handling chemotherapy and other hazardous drugs.
Remind HCP about indications for when gloves are needed, as well as common care situations when gloves may not be needed.

Once availability of gloves returns to normal, healthcare facilities should promptly resume conventional practices. Determining the appropriate time to return to conventional strategies can be challenging. Considerations affecting this decision include:

the anticipated number of patients for whom gloves should be worn by HCP providing their care
the number of days’ supply of gloves currently remaining at the facility
whether or not the facility is receiving regular resupply with its full allotment.
Top of Page
Conventional capacity strategies
Continue providing patient care as in usual infection control practice

Note: CDC does not recommend double gloves when providing care to suspected or confirmed COVID-19 patients.

Continue use of FDA-cleared disposable medical gloves in accordance with standard and transmission-based precautions in healthcare settings and when indicated for other exposures such as handling cleaning chemicals.
Reinforce indications and recommended practices for non-sterile disposable glove use.
Prioritize sterile gloves for surgical and other sterile procedures.
Medical gloves for handling chemotherapy agents (chemotherapy gloves) should be prioritized for HCP handling chemotherapy and other hazardous drugs.
Remind HCP about indications for when gloves are needed, as well as common care situations when gloves may not be needed.

Once availability of gloves returns to normal, healthcare facilities should promptly resume conventional practices. Determining the appropriate time to return to conventional strategies can be challenging. Considerations affecting this decision include:

the anticipated number of patients for whom gloves should be worn by HCP providing their care
the number of days’ supply of gloves currently remaining at the facility
whether or not the facility is receiving regular resupply with its full allotment.
Top of Page
Conventional capacity strategies
Continue providing patient care as in usual infection control practice

Note: CDC does not recommend double gloves when providing care to suspected or confirmed COVID-19 patients.

Continue use of FDA-cleared disposable medical gloves in accordance with standard and transmission-based precautions in healthcare settings and when indicated for other exposures such as handling cleaning chemicals.
Reinforce indications and recommended practices for non-sterile disposable glove use.
Prioritize sterile gloves for surgical and other sterile procedures.
Medical gloves for handling chemotherapy agents (chemotherapy gloves) should be prioritized for HCP handling chemotherapy and other hazardous drugs.
Remind HCP about indications for when gloves are needed, as well as common care situations when gloves may not be needed.

Palm oil bull is not different with gloves enjoying windfall profit. Nothing to be proud of.

In short, Shorties hit local IBS Cws business badly.

There are more than 20 CWs Toglove facing undemanding. More than 16 CWs Supermx & 16 CWs Kossan & 21 Cws Harta, Rubberex & Comfort. Out of business at this price level.

Posted by stevenckheng > Jan 8, 2021 12:38 PM | Report Abuse

IB will push the price higher for people to buy their CW expiring in February ?

Shorties. Local IBS are taiko in Bursa. How can you foreign shorties claimed this god title. Be ready to be chopped.

Shorties. You are being cornered now. Local IBS cannot sell their CW because low mother share prices. Short selling actions making them out of business. Local IBS are protecting their interests now.

Shorties. Be ready the cornering next week with MCO, Cash dividend & breaking SMA 200.

Shorties. Cash is ready on 11 Jan to crack 6.05

No MCO, new infection cases would shoot up to 8k daily.

Shorties. you want the price to cross SMA 200?

Shorties. Game has changed since DG announced covid infection 3k yesterday.

Shorties. Don't be stubborned. Your 4% warchest is drying.