Posted by xiaomixiaohai > 2021-07-01 12:15 | Report Abuse

Major shareholders did not even buy means they knew the good time for gloves ended lol

Posted by Billboard > 2021-07-01 12:22 | Report Abuse

Good time to pick dead chickens.........
Next week 2b coming in and further 1.5b weekly for moratorium weeks

Posted by z5spyglass > 2021-07-01 12:27 | Report Abuse

Everybody just holds don't sell cheap to them.Short-sellers are both looming large in TG and Supermax

Posted by pjseow > 2021-07-01 12:38 | Report Abuse

Beary, I have no idea on TG short position. I dont monitor shortimg positions. I normally spend time on.fundamentals.

Posted by pjseow > 2021-07-01 12:55 | Report Abuse

Myinvestor, thanks fir sharing the news. Many investors omitted the fact that supermx has another income source which is SUPERMX DISTRIBUTION Division. In the last one year Supermx OWN.Distribution has been. contributing 35 % of its total earning. It has contributed a total of more than one billion in the last 4 qtrs. I believe supermx will strengthen its position in this division. The lower ASP from factory help this division actually as it can " buy gloves" at lower prices . 58 % of supermx gloves sold through its own Distribution centres.

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myinvestor Aurelia gloves Canada has became the mask manufacturer (420m capacity) and distribution center for various healthcare products. See attached.
I wondering how much contribution of revenue and profit to Supermax Malaysia.

Posted by glovefinish > 2021-07-01 13:03 |

Post removed.Why?

Posted by GloveShortDIE > 2021-07-01 13:05 | Report Abuse

Let's catch a lorry load of shorties today, let them short, then we push the price to 4.50 again.

The more you short the faster you die.

Posted by invest_malaysia > 2021-07-01 13:07 | Report Abuse

As I mentioned, short sellers will only slowly back at this low price to maximize profit. It won’t push high until RM5,6,7 as claimed. This will reduce their profit. Only beginners will think short sellers buying back will push the share price up to the sky.

Posted by Citadel9999 > 2021-07-01 13:07 |

Post removed.Why?

Posted by Citadel9999 > 2021-07-01 13:08 |

Post removed.Why?

Posted by xiaomixiaohai > 2021-07-01 13:08 | Report Abuse

Once vaccination around the world hitting major milestone glove demand will hit rock bottom following collapsing of glove ASP...if u don't believe u just see. This is very basic business sense

Posted by GlovesOff > 2021-07-01 13:09 | Report Abuse

MB: Most S’gor Covid-19 clusters are from factories

careful ...

Posted by GlovesOff > 2021-07-01 13:10 | Report Abuse

can see glovers clutching at straws ... everyday come up w desperate excuses

Posted by Citadel9999 > 2021-07-01 13:10 |

Post removed.Why?

Posted by Citadel9999 > 2021-07-01 13:12 |

Post removed.Why?

Posted by strattegist > 2021-07-01 13:12 | Report Abuse

red

Posted by GloveShortDIE > 2021-07-01 13:12 | Report Abuse

THe one who call them selves short seller, I dare you to short the price to 3.0x today, you piece of cow dunk !! bloody coward !!~

Posted by glovefinish > 2021-07-01 13:14 |

Post removed.Why?

Posted by GlovesOff > 2021-07-01 13:15 | Report Abuse

why monitor shorties position so much

focus more on your RSS petition la haha

careful EPF hijack more gloves w i-citra coming

Posted by Beary > 2021-07-01 13:15 | Report Abuse

Go on embarasing yourselves chickens

Posted by MoneyMakers > 2021-07-01 13:17 | Report Abuse

Be patient..ur 3.0 will come no worrries

Posted by NatsukoMishima > 2021-07-01 13:18 | Report Abuse

KUALA LUMPUR (July 1): CGS-CIMB Research downgraded the rubber glove sector to "neutral" from "overweight" due to weaker earnings prospects.

In a June 30 note, the research house said the weaker earnings prospects are forecasted to occur through declining average selling prices (ASPs) and aggressive capacity build-up.

Posted by glovefinish > 2021-07-01 13:22 |

Post removed.Why?

Posted by Citadel9999 > 2021-07-01 13:27 |

Post removed.Why?

Posted by myinvestor > 2021-07-01 13:28 | Report Abuse

PJ Seow, Thanks for info.

Myinvestor, thanks fir sharing the news. Many investors omitted the fact that supermx has another income source which is SUPERMX DISTRIBUTION Division. In the last one year Supermx OWN.Distribution has been. contributing 35 % of its total earning. It has contributed a total of more than one billion in the last 4 qtrs. I believe supermx will strengthen its position in this division. The lower ASP from factory help this division actually as it can " buy gloves" at lower prices . 58 % of supermx gloves sold through its own Distribution centres.

Posted by Citadel9999 > 2021-07-01 13:30 |

Post removed.Why?

Posted by happyfish4ver > 2021-07-01 13:34 | Report Abuse

Superman is too good to short...

Posted by invest_malaysia > 2021-07-01 13:39 | Report Abuse

@beary, buy mou? Since you don’t mind averaging up that day. I guess you would be happy to average down right kikiki or you talk only?

Posted by Beary > 2021-07-01 13:43 | Report Abuse

I have already loaded up at this level.

I cannot be emotional and have to be disciplined and stick to my investment plan.

Understand mou chicken?

Posted by NatsukoMishima > 2021-07-01 13:49 | Report Abuse

Bankers want it at 5 year lowest price !

Posted by GlovesOff > 2021-07-01 13:52 | Report Abuse

... Datuk Seri Ismail Sabri Yaakub Adam akan mengumumkan tindakan sewajarnya di Selangor dan Kuala Lumpur yang music mencatatkan kes tinggi jangkitan Covid-19 pada petang ini.

Jeng jeng jeng

Posted by mf > 2021-07-01 14:10 | Report Abuse

01 Jul | 12:54pm
Highlight
Malaysia administered second-highest daily record of 258,773 Covid-19 vaccine...

Posted by AdCool > 2021-07-01 14:26 | Report Abuse

07/05/2021 4.87 7.30 +2.43 (49.90%) BUY BIMB
06/05/2021 5.20 6.80 +1.60 (30.77%) BUY KENANGA
06/05/2021 5.20 7.40 +2.20 (42.31%) BUY AffinHwang
17/03/2021 4.13 5.00 +0.87 (21.07%) HOLD UOBKayHian
02/02/2021 6.80 7.80 +1.00 (14.71%) BUY KENANGA
02/02/2021 6.80 10.20 +3.40 (50.00%) BUY BIMB
02/02/2021 6.80 10.90 +4.10 (60.29%) BUY AffinHwang
30/01/2021 6.80 11.80 +5.00 (73.53%) BUY CIMB
11/01/2021 7.20 9.05 +1.85 (25.69%) BUY KENANGA

Don't focus too much on what the analyst said. When good times, everyone gave high TP. When downtrend, everyone gave lower TP. Are they saying they dont forsee the ASP downtren d back in Jan, Feb, Mar and May? Now only suddenly they realized?

Posted by AdCool > 2021-07-01 14:28 | Report Abuse

glovefinish Don't blame this blame that blame shorties blame RSS blame manipulation blame market but blame yourself. The trapped retailers here now have an usual behavior of blaming people but never blame themselves.
01/07/2021 1:22 PM

Can blame you since you always jinx the gloves. hahaha. Let's blame you instead of RSS.

Posted by MoneyMakers > 2021-07-01 14:33 |

Post removed.Why?

Posted by monetary > 2021-07-01 14:38 | Report Abuse

WTF! TG below 4 soon

Posted by mjong99 > 2021-07-01 14:47 | Report Abuse

Big funds buying at 3.3

Posted by HSIF88 > 2021-07-01 14:48 | Report Abuse

Collection complete this round… just wait for handsome return now..

Posted by pjseow > 2021-07-01 14:49 | Report Abuse

When are you going to push the price down to 3 and below so that I can do my last buy and has a better average ? I am still waiting .

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GlovesOff can see glovers clutching at straws ... everyday come up w desperate excuses
01/07/2021 1:10 PM

Posted by GloveShortDIE > 2021-07-01 14:51 | Report Abuse

I DARE you motherffccukers to SELL NOW !!!

Posted by glovefinish > 2021-07-01 14:54 |

Post removed.Why?

Posted by pjseow > 2021-07-01 14:59 | Report Abuse

Invest malaysia, does.cimb mentioned whether these prices were for Nitrile, Latexx or blended ?
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The research house expects ASPs per 1,000 pieces to reach US$77 (about RM319.92), US$39 and US$29 respectively in 2021, 2022 and 2023, adding that it is “of the view that ASPs will decline to pre-Covid 19 levels” (US$21 to US$24 per 1,000 pieces) given the higher production costs and higher consumption patterns.

Posted by glovefinish > 2021-07-01 15:00 |

Post removed.Why?

Posted by 5231428 > 2021-07-01 15:02 | Report Abuse

6988 cases.

Posted by MoneyMakers > 2021-07-01 15:03 | Report Abuse

Walao 6.9K cases today, no wonder suddenly goreng

Just EMCO whole KL/Selangor (3.8K cases @ 55%) let other states loosen up

Posted by monetary > 2021-07-01 15:03 | Report Abuse

walao. press until like tat. really wan2 push ppl jump off the building meh? no scared son no backside ar?

Posted by invest_malaysia > 2021-07-01 15:05 | Report Abuse

@pjseow. I didn’t read word by word. Maybe you can go and read about it.

Posted by idunwork > 2021-07-01 15:09 | Report Abuse

Collectors willing to pay 3.30 only

Posted by Beary > 2021-07-01 15:10 | Report Abuse

I have never seen a more stupeed statement than that in my life. Higher production cost + higher consumption = lower prices???


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The research house expects ASPs per 1,000 pieces to reach US$77 (about RM319.92), US$39 and US$29 respectively in 2021, 2022 and 2023, adding that it is “of the view that ASPs will decline to pre-Covid 19 levels” (US$21 to US$24 per 1,000 pieces) given the higher production costs and higher consumption patterns.

Posted by GloveShortDIE > 2021-07-01 15:20 | Report Abuse

RSS manipulators, short it to 3.0x now. Dare You!