Be careful, shorting of MBB started yst

Thanks for all the hard work. Your write up is very thorough and I am sure help lots of newbies who are ignorant about RSS.

We here happy happy getting dividends until can get back ROI...let them wait long long to recover back their investments in other hype stocks with non foreseeable profit

Shorties are in a tough position now. Wanna short cannot cause they know lot of funds are currently on standby to buy whenever they throw. Heard those techie punters are prepared to clear their positions once gloves are going down. Techie stocks a lot overvalued already, hence they are trawling on where to put their funds next. With coming QRs to be announced by Harta and Smax plus hefty dividends to be announced by the big 4 soon, I am sure hot money is going to flow to gloves soon.

"The stock market is a device for transferring money from the impatient to the patient." - Warren Buffett.

Shorties are in a tough position now. Wanna short cannot cause they know lot of funds are currently on standby to buy whenever they throw. Heard those techie punters are prepared to clear their positions once gloves are going down. Techie stocks a lot overvalued already, hence they are trawling on where to put their funds next. With coming QRs to be announced by Harta and Smax plus hefty dividends to be announced by the big 4 soon, I am sure hot money is going to flow to gloves soon.

"The stock market is a device for transferring money from the impatient to the patient." - Warren Buffett.

Ben, since you track the numbers so diligently, is it possible for you to track on EPF holdings once their loan shares were return plus any additional shares that EPF has added in during the period when they are under the radar?. It may seems to be an exercise in futility if the loan amount return is not stated as "return shares from SBL".
The reason I am requesting is because I noticed in the announcement sections, EPF can be a buyer and seller on the same day and it puzzles me no end. I always thought who in the right mind would buy and sell at the same time, makes no sense at all. Then now I think it makes perfect sense as in one hand they are selling down for their shorties (via SBL) and on the other hand they are buying what they are shorting. Hence any time shorties are throwing, EPF may be the one picking up these cheap shares. Implications from here would be :
- there would be support for the shares below a certain price
- EPF knowing the operations to selldown may be the biggest beneficiary cause they are now getting it at a cheaper price and would sell them in the open market. As such the shorties would have no choice but to buy at a higher price when the time has run out for them.
- this may work if the prospects are still good for the shares being shorted, example the glove counters. Looking at the current stock prices, ie still holding above 6 for TG and Smax may be an indication that the shorties are failing miserably in their attempt to short the Big 4
- be prepared for more "bad articles" or negative news since the shorties are so desperate
Possible?

Regarding Harta and Smax QR, its usually followed by announcement of dividends as well. Hence my guess is the shorties do not have many days left before they have to buy back the shares they loaned. Imagine the amount of shorts that had done on Harta and Smax and should they declare hefty dividends, then fireworks show will start. Just be patient and hold for another few weeks.

When the short sellers return the borrowed shares to EPF, then EPF would be back to above 5%.
The issue I wanna check is - is it true that the lenders (EPF) can recall their loans anytime they want?

hoho... stockraider now write so short? You better go back and defend your insas. Under attack by RSS now...hehehe.

Hang on tight to your glove stocks. More bad news coming up soon from US.
https://www.msn.com/en-us/news/politics/capitol-hill-riot-could-prove-to-be-covid-19-superspreader-event-experts-say/ar-BB1cBYCm

treack No stock can go up forever and no stock can go down forever.
The key to realize where you are at the pendulum.
You can make biggest money when you enter when pendulum swings to the extreme bearish.
Everyone is underestimating Supermax.
But it all comes down to PAT PAT PAT.
As long as the PAT continues to increase, do not worry.Buy more.
Sleep tight all.
Dec 28, 2020 6:22 PM

Supermax is one of those stocks you can buy and sleep very peacefully at night. Cause every hour, every minute and every seconds of the day Smax is churning out money. Hehehe... show me the money and I will lead the way....

Tomorrow covid related stocks fly again?

https://www.thestar.com.my/news/nation/2020/12/28/conditional-mco-in-s039gor-kl-extended-until-jan-14-says-ismail-sabri

@matkoh...I am also thankful to those barking dogs. Accumulated more at very good prices today. They would be going back to their caves soon enough.

Latest is even if you are covid positive, you self isolate or do home quarantine. You think quarantine at home is good? If your house got a lot of rooms then oklah. Imagine in PPR or small houses with many occupants sharing rooms!. MOH ran out of hospital beds and medical personnel overstretch to the max already. You think the health district officers going to do house visits? You slow slow wait..
https://www.malaymail.com/news/malaysia/2020/12/28/saying-system-currently-overloaded-health-d-g-advises-covid-19-positive-cas/1935348

https://www.channelnewsasia.com/news/world/despite-hi-tech-advances-many-europeans-wary-of-taking-covid-19-13851246

haha.. offer euro10million also won't take the vaccine..

Dear OTB, no need to feel sad for TG and Smax. I hold for so many years and will accumulate any chance I got. Rather than investing in property or UT, I'd rather put it here. So cheer up!!!

So nice to be able to accumulate more. Just pace your purchases, don't go and buy one shot until pocket kosong. Look at Smax as a marathon runner, your strategy is conserve your energy and pace your running until the finishing goal.

Don't buy at this level, IBs now shorting the recovery stocks.

@masterus- regarding Japan and China reducing their US treasury holdings, what is the implication of it? USD losing its luster or its dominant as a world currency since its major holders are cashing out? Could this be one of the reasons bitcoin went up recently?

To : ccheemd 4:25pm Great job, tks for the summary and links.
Jhnwck 6:38pm Reuters newsbreaking also fantastic

Can you all please ignore all those losers' postings and just share info that edify the public? Just skip skip those annoying posters cause they will come and bark and gloat no matter if glove shares go up or down. By replying to their toxic postings or giving attention to them, you will encourage more nonsensical posts. Learn to ignore the noises, spend your valuable time enriching yourself doing your own research and sharing them here. Forget about these losers cause they will remain forever poor. https://www.psychologytoday.com/us/blog/communication-success/201502/8-negative-attitudes-chronically-unhappy-people

Cause rational minds will say vaccine not working. If yes, Pfizer CEO and the top executives would not be selling their shares nor use a stupid excuse such at “not wanting to cut the line” as their reason for not taking their own products. If you trust what you produce, set an example. No need to bullshit the public!. Trump “ the commander in chief” also scared to take this Pfizer vaccine. Tells you a lot when all these so called top people did not want to take it. So unlike Topglove TSLWC. He did SBB and used his own money to buy back his company shares. If he is not confident about his company, why did he buy millions of Topglove? Should thank JPM for giving us this opportunity to collect more glove shares

TG net short position means the funds that sold them will need to buy TG back to cover their earlier selling. By flooding the market with negative news, they hope to bring down TG price in order to buy them back on the cheap side. The reality is Covid may be here for a long long time with no proven vaccine. You can see the number of infections getting higher everyday, more Msia companies are venturing into gloves and even other countries such as Japan, Germany and US are trying to set up their own glove factories? Why? If Covid is going to be eliminated, why set up new factories? These factories will take years to built and they can never beat the big 4 in pricing due to economic of scales and logistic pricing of raw materials. Hence TG would remains as a global glove taikor.

The big boss has been buying via SBB and his personal investment holdings. Why? One reason is because of HongKong listing. They would need to take TG Msia shares to be listed in TG HK. The advantage to you as shareholder is this will reduce the numbers of Msia shares and in the process increasing its EPS. Another probable reason could be as one who has been in this industry for decades, TS knows what is in store for the company in terms of future revenues and profit. So why not spend it by buying his own company shares since he trust the return would astronomical?. That is one of the reason Tropicana bought TG shares as well. So why should you sell your holdings when the big boss himself gave you the signal to buy?

Sorry, not trying to high jacks Hartalega post, just that you all are in the same category, being pressed down by the sharks, so I reposted fr topglove.
TG net short position means the funds that sold them will need to buy TG back to cover their earlier selling. By flooding the market with negative news, they hope to bring down TG price in order to buy them back on the cheap side. The reality is Covid may be here for a long long time with no proven vaccine. You can see the number of infections getting higher everyday, more Msia companies are venturing into gloves and even other countries such as Japan, Germany and US are trying to set up their own glove factories? Why? If Covid is going to be eliminated, why set up new factories? These factories will take years to built and they can never beat the big 4 in pricing due to economic of scales and logistic pricing of raw materials. Hence TG would remains as a global glove taikor.

The big boss has been buying via SBB and his personal investment holdings. Why? One reason is because of HongKong listing. They would need to take TG Msia shares to be listed in TG HK. The advantage to you as shareholder is this will reduce the numbers of Msia shares and in the process increasing its EPS. Another probable reason could be as one who has been in this industry for decades, TS knows what is in store for the company in terms of future revenues and profit. So why not spend it by buying his own company shares since he trust the return would astronomical?. That is one of the reason Tropicana bought TG shares as well. So why should you sell your holdings when the big boss himself gave you the signal to buy?

TG net short position means the funds that sold them will need to buy TG back to cover their earlier selling. By flooding the market with negative news, they hope to bring down TG price in order to buy them back on the cheap side. The reality is Covid may be here for a long long time with no proven vaccine. You can see the number of infections getting higher everyday, more Msia companies are venturing into gloves and even other countries such as Japan, Germany and US are trying to set up their own glove factories? Why? If Covid is going to be eliminated, why set up new factories? These factories will take years to built and they can never beat the big 4 in pricing due to economic of scales and logistic pricing of raw materials. Hence TG would remains as a global glove taikor.

The big boss has been buying via SBB and his personal investment holdings. Why? One reason is because of HongKong listing. They would need to take TG Msia shares to be listed in TG HK. The advantage to you as shareholder is this will reduce the numbers of Msia shares and in the process increasing its EPS. Another probable reason could be as one who has been in this industry for decades, TS knows what is in store for the company in terms of future revenues and profit. So why not spend it by buying his own company shares since he trust the return would astronomical?. That is one of the reason Tropicana bought TG shares as well. So why should you sell your holdings when the big boss himself gave you the signal to buy?

If you see the brighter side, this JPM actually did a great favour to TG with their ridiculous downgraded price of 3.50. You can see many retailers are out defending Tg’s position and a few regular sour grapes out in full force. Needless to say I skip those sour grapes posting, see their names, skip skip cos they never bring any new points to strengthen their arguments!.

As retailers, we do have the power to move markets. Do not belittle your contributions to the market thinking only big funds has the means to push up or push down the market. This year, retailers are awesome! From the market participation’s breakdown, you can see how active we are. FFund are just like war mercenaries, they will come and take the spoils of stocks market war. United we stand. Make sure prepare your war chest today.

Actually these operators disposed TGlove but got caught short because TS has been consistently mopping up their shares either through company SBB or via their own personal capacity. This is causing a major panic amongst the operators because of the coming call warrants due. They wanted to further press down the glove company shares but since they had run out of bullets, they come up with unsubstantial articles to cause panic, hopefully inducing a lower price because retailers throw them or due to margin calls. They are cunning to only target Tglove because of TG position as the industry taikor plus TG happened to have lots of unfavorable news recently. So be careful, do not fall into their traps.

To prove my points, just count the numbers of call warrants due in December - hartalega, kossan, smax and tg. It is ridiculous how Bursa allows them to issue that many CW, every week there are sure some due. For these exercise, I would choose to use TG, Smax, MBB and PBB because they are actively traded and garner the most attention in recent months. The total combined numbers of CW for TG and Smax are 59 whereas MBB and PBB have a total of 19 CW. Then calculate the cash settlement prices and you would know the IBs are losing their pants in recent months because the exercise price and ratio were set too low for Smax and TG. They do not have any issues with MBB and PBB cash settlement prices. That is why the IBs would continuously come out with ridiculous articles and amplified the negative news to their advantages. Then count from Mac, April and May 2021 onwards. You would be shocked at the "expected prices" they have set forward for Smax and TG. My question is "what gives?". What caused the change from a lowly TP of rm3.50 to rm12 (and higher than rm20). That time you would see the true colors of IBs because they would come out heavily to promote what they had decried earlier and they would also give fantastic valuations and TPs. There is no love lost in business, to each, his own. Hence please do not take my word for what it is, do your own homework and derive your own conclusions from it!

Actually these operators disposed TGlove but got caught short because TS has been consistently mopping up their shares either through company SBB or via their own personal capacity. This is causing a major panic amongst the operators because of the coming call warrants due. They wanted to further press down the glove company shares but since they had run out of bullets, they come up with unsubstantial articles to cause panic, hopefully inducing a lower price because retailers throw them or due to margin calls. They are cunning to only target Tglove because of TG position as the industry taikor plus TG happened to have lots of unfavorable news recently. So be careful, do not fall into their traps.

To prove my points, just count the numbers of call warrants due in December - hartalega, kossan, smax and tg. It is ridiculous how Bursa allows them to issue that many CW, every week there are sure some due. For these exercise, I would choose to use TG, Smax, MBB and PBB because they are actively traded and garner the most attention in recent months. The total combined numbers of CW for TG and Smax are 59 whereas MBB and PBB have a total of 19 CW. Then calculate the cash settlement prices and you would know the IBs are losing their pants in recent months because the exercise price and ratio were set too low for Smax and TG. They do not have any issues with MBB and PBB cash settlement prices. That is why the IBs would continuously come out with ridiculous articles and amplified the negative news to their advantages. Then count from Mac, April and May 2021 onwards. You would be shocked at the "expected prices" they have set forward for Smax and TG. My question is "what gives?". What caused the change from a lowly TP of rm3.50 to rm12 (and higher than rm20). That time you would see the true colors of IBs because they would come out heavily to promote what they had decried earlier and they would also give fantastic valuations and TPs. There is no love lost in business, to each, his own. Hence please do not take my word for what it is, do your own homework and derive your own conclusions from it!

Actually these operators disposed TGlove but got caught short because TS has been consistently mopping up their shares either through company SBB or via their own personal capacity. This is causing a major panic amongst the operators because of the coming call warrants due. They wanted to further press down the glove company shares but since they had run out of bullets, they come up with unsubstantial articles to cause panic, hopefully inducing a lower price because retailers throw them or due to margin calls. They are cunning to only target Tglove because of TG position as the industry taikor plus TG happened to have lots of unfavorable news recently. So be careful, do not fall into their traps.

To prove my points, just count the numbers of call warrants due in December - hartalega, kossan, smax and tg. It is ridiculous how Bursa allows them to issue that many CW, every week there are sure some due. For these exercise, I would choose to use TG, Smax, MBB and PBB because they are actively traded and garner the most attention in recent months. The total combined numbers of CW for TG and Smax are 59 whereas MBB and PBB have a total of 19 CW. Then calculate the cash settlement prices and you would know the IBs are losing their pants in recent months because the exercise price and ratio were set too low for Smax and TG. They do not have any issues with MBB and PBB cash settlement prices. That is why the IBs would continuously come out with ridiculous articles and amplified the negative news to their advantages. Then count from Mac, April and May 2021 onwards. You would be shocked at the "expected prices" they have set forward for Smax and TG. My question is "what gives?". What caused the change from a lowly TP of rm3.50 to rm12 (and higher than rm20). That time you would see the true colors of IBs because they would come out heavily to promote what they had decried earlier and they would also give fantastic valuations and TPs. There is no love lost in business, to each, his own. Hence please do not take my word for what it is, do your own homework and derive your own conclusions from it!

Heard Dubai plans to turn into a medical hub to do all sorts of covid jab. Maybe can go there

Esceram operation in Thailand, Sadao district is called Euroceramic Technologies. Goole the map and you can see this district has major glove plants- Top Glove(the nearest), Sri Trang, Hycare International, Mercator Medical Thailand.

Congrats to all TG share holders for your faith in the company. For those who missed out on TG, the cheapest proxy is their hand formers supplier. Google Thailand TG factory in Sadao District... nearest neighbour is Esceram!

@inpeace regarding the Washington post news...maybe these vaccine makers are not producing the promised amount cause they know things we don’t know? Maybe these vaccines have some side effects, so the lesser ppl use them, the lesser repercussions the makers will face. The excuses they gave about manufacturing problems and bottlenecks are just to give them more time to “perfect” their vaccines. Imagine an avalanche of bad news due to adverse reactions or death caused by these vaccines. It’s the worst PR nightmare for them.
Remember, the trials were conducted in a rush and data is incomplete. So best way to buy them time is to provide a small amount available to the public. Less headache

@biliskering, I forgot to add another point. Supposedly Covid managed to be eliminated and you worry about the competitions since now supplies would be more than demands. As a manufacturer, you always have a price advantage compared to a middle man. If B, the middleman sells lower, you can sell even lower than them! You worry about other new players coming into the market? As a new player, before they can even recoup all their investments already mati! That is why Topglove continues to be top. Hard to beat them in the economic of scale business. Like what TSLWChai mentioned about those days when there were 200 glove factories and only 50 survived (from the edge Sept 28, 2020). I brought this up because ppl always like to look at past historical figures to predict the future.......

DSSThai and his wife transferred their personal shares to Smax Holdings Sdn Bhd. There is nothing wrong in doing so. It is not a form of share buy back, or cashing out their shares or relinquishing their shares to Smax Bhd. I think many people got mixed up between a Sdn Bhd company and a Bhd or a public listed company.
Take for example Genting Bhd. TSLKThay has a lot of his shares in Kien Huat International Ltd and Kien Huat Realty Sdn Bhd besides his own personal shares. Who knows those shares in the Ltd and Sdn Bhd companies could be there for strategic reasons or it could his family holdings shares. Me no expert in this.

Dearest biliskecil, you seemed to be a very nice person based on the way you write (hehe..sorry, I am a very bias person, judging based on writing tones and skills) Anyway, I am not an expert like so many sifus here and frankly speaking just a tad lazy to go into the other points. What I wish to correct is your point #3 when you wrote “supermax have angered the middle man and will definitely make future dealings hard”. How so when smax build their own distribution channels, hence no more middleman to please?. They are currently dealing directly with the clinics, hospitals and government agencies. Let’s say you own a business. Two sales executives approach you to supply a critical item (cos you use a lot of them and you need it on ASAP basis). Supplier A represents the factory and supplier B, a middleman. Naturally your thought would focus on :- which supplier can give me the lowest price? Which supplier would provide me the best service? Example if you are not happy with the latest batch you have received, can you return and expect a refund or a replacement ASAP or do you have to wait for a few days/weeks to have your issues attended to?
Another point I wish to highlight is the direction Smax is going. The intriguing part is their Canadian operation. Pls google! I was surprised they supply more than gloves. That leads me to think Smax may be doing it because :-
a) their customers requested them to supply these products due to centralised procurement policy,
b) there are PPE manufacturers who does not have the means or channels to distribute them,
c) Smax plans to be a global player in PPE distribution. They already have the warehouses, sales personnel, distribution channels, licenses and etc.

Who knows what Smax master plans are in 5-10-20 years time? All I can say is that they are a growing company with a healthy cash balance and are in the right place, the right time and in the right industry at this current moment. Tell me how many public listed companies in Msia are in this optimal position and you happened to be able to capitalize on Smax today?.

@Ibelieve.....hahaha....too funnily good.
@fts great job, as usual. “You can lead a horse to water, but you can’t make it drink” is so apt to describe some ppl here. Yet you unceasingly continue on. Got to salute your patience and perseverance.

powerplay666..You sure you are in the right kandang?. Here is supermaxlah, not Topglove.

@jimmy07 Wow! So scary man! Really have to think twice, maybe triple whether it's safe to take any vaccine esp with such a rush job. Now I understand why some anti vaxxers are so dead set against vaccination. Tks. Very enlightening articles

was wondering why digista wants to go into glove production? Thought already a lot of wannabes inside here. Maybe cause of their exposure in healthcare. They have a wellness orchard in Melaka from the linked advertisement. Looks pretty impressive, i mean the orchard

Great sharing bro. Just hope ppl read through and thoroughly understand your message. I definitely agree with your views but it is sad some investing public are sentiments driven rather than focusing on Smax potentials. Well to each his own. But keep up the great work.

So the same cannot be said for genting Malaysia. Even tourists also cannot go up even though Pahang no cmco

I think genting sg can make their profit cause Singaporean got stuck in their tiny island with nowhere to go. So they ended up staying and playing at RWS. You see now with travel bubble between Sg and HK, even economy premium flight tickets priced like 1st class also all snap up!!

@freetospeak
I send you a msg via i3 messenger. Have no idea whether you receive it

if not mistaken, the contributions from gloves chem makes up a very small portion to Samchem business. The bigger supplier is CCM, hence that could be a reason for CCM having a better price. Another big player is Luxchem. Do go to their respective websites to check out their products in order to get a clearer picture of what each company contributes to in the productions of gloves

Tks FTS & Cia teams for your hard work. Great analysis and write up as usual. This article reinforce my faith that Smax has great potentials in years to come. A very innovative company that seeks ways to add value to their company with introductions and forays into new product lines. Loved the BeyondFit and BeyondSafe mask concepts. This is the type of products that should be used in order to reduce waste and help our current polluted environments. Now if only Smax will give BeyondSafe mask as a door gift for their AGM!!

@freetospeak, just curious whether your calculations factor in the costs of recent land purchases, building and commissioning of those new plants? Such CapEx would trim the profit, hence i wonder whether it is factor in the PBT. Tks for all your hard work!

https://www.cnn.com/2020/06/10/health/us-coronavirus-wednesday/index.html

https://nymag.com/intelligencer/2020/06/here-are-the-states-where-coronavirus-is-still-getting-worse.html

Covid cases rising in US 2-3 weeks after Memorial Day (25/5), civil unrest BLM and ease on lockdown.

I bought Supermax as part of my children’s education funds,hence the long gestation period. What causes me to have the fortitude to hold long term is a an elderly lady I met during Supermax 2017 AGM. Pls refer back to my posting dated 21st Dec 2018 if you want to know more and also how to become a millionaire through share investment. Well, my guess is this wonderful lady would have grown her Harta even more at today’s price.

Hi, I am back from my hiatus. Looking back at one of my post dated 25th March 2020, I am very glad to see the leaps and bounds in Supermax price. My faith in the BOD and management has been fully and irrevocable restored. A big thank you for those share buy back done throughout April!
Now I can continue with my goal of keeping Supermax for the next 15 years (achieved 5 years milestone out of my 20 years goal)