they are paid to write as what their boss ask them to write, just like the dogs in this forum the boss ask them to bark, they will bark non stop, every post RM0.50
Shorties are big customers of local IB. The big commission/high lending interest earned from private lending to shorties had forced them write bad on glove stocks.
This TA IB is very.irresponsible and unprofessional. When he wrote the report more than 3 months ago , he recommended a buy call with TP of 6.07 . That time the stock price is at about 5 . Those who read his report will buy when the price came down to 3 or 4 plus. Now.he asked those who bought after listening to him to sell even though the last QR result was within.his expectation. Just because he downgraded the TP from 6.07 to 2.71 , he asked peoples to cut loss after listening to him buy high and sell low.
A coronavirus variant first detected in South Africa 'could be more infectious' than other mutations and have the potential to 'evade vaccines', scientists have said.
The C.1.2 strain, which is linked to 'increased transmissibility', is more mutations away from the original virus seen in Wuhan, experts at South Africa's National Institute for Communicable Diseases and the KwaZulu-Natal Research Innovation and Sequencing Platform said.
The virus was first identified by scientists in South Africa in May and has since been found in England, China, the Democratic Republic of the Congo, Mauritius, New Zealand, Portugal and Switzerland.
In their study scientists found the strain, which descends from the C.1 strain that was first spotted amid the first wave of the pandemic, has a mutation rate of about 41.8 mutations per year.
This rate is nearly double the current global mutation rate seen in any other Variant of Concern (VOC) so far.
Even don't buy glove stocks, u also get infected and died. Always remember gloves are used to protect health care workers and prevent of infection. The usage of high bc above reasons. Even without the pandemic, gloves will expected to grow at slower rate but still 10 to 15% per year.
worldwide climate change, global warming, chronic environmental pollutions and uncontrollable industralization will ensure more pandemic diseases all over the world, diseases that humans have never ever encountered before. The sighs are all there.
PJSeow, you are correct about TA Analyst but unfortunately he is not alone. Many Analyst (CIMB, RHB) randomly change ASP, Capacity, Utilisation Assumptions to arrive at desired Target pricing with no accountability. The movement in TP over the last year is shocking for all glove companies. It is unfortunate there appears to be no governance and regulation within the banks to control this.
jgc147 , agreed with you TA analyst is not alone, most of them are the same. -------------------------- jgc147 PJSeow, you are correct about TA Analyst but unfortunately he is not alone. Many Analyst (CIMB, RHB) randomly change ASP, Capacity, Utilisation Assumptions to arrive at desired Target pricing with no accountability. The movement in TP over the last year is shocking for all glove companies. It is unfortunate there appears to be no governance and regulation within the banks to control this. 30/08/2021 11:04 AM
You all got watch The Big Short? Prices and ratings are always colluded to the rich’s interest, until they done accumulated or distributed then only the prices or ratings can be reflected properly Gloves was generating profit before covid, and it will continue to do so even after covid, we can’t short but we can long good stocks lo time is on our side, nothing goes down forever
CITADEL should be totally banned from this forum . He cursed people and their families at 4t2 10.42 post. I dont know whoo he is or what happened to him but to curse people to get covid is just evil. Karma shall catch up with CITADEL.He s a PSYCHO
When topglove delayed its hongkong listing in june its price was around rm5/- Topglove price is now below rm$4-. What do you think the price will be when hongkong listing approved?
The reality is that it will always be similar to what happens in The Big Short. The system allows the big IBs to make money in a democracy . Retailers just have to ride the waves
Do you all notice these 2 quarters, the dividends are called "special dividends"?. I believe there should be a final dividend to be announced either in October or November 2021 based on their history. Total so far is about 22%, hence hopefully we may get some bumper final dividend soon.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Stealth
577 posts
Posted by Stealth > 2021-08-30 10:15 | Report Abuse
HAS ANYBODY FROM TA SECURITIES BEING CHARGED FOR MANIPULATING ACTIVITIES??DOES ANYBODY KNOW?