Posted by Keyman188 > 2021-09-08 15:19 |

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Posted by MoneyMakers > 2021-09-08 15:19 |

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Posted by niet > 2021-09-08 15:24 | Report Abuse

Short sell volume supermx 281000 shares at 3.24pm

Posted by niet > 2021-09-08 15:27 | Report Abuse

Manusia kunci risk means profit.

Posted by niet > 2021-09-08 15:27 | Report Abuse

Hope for short squeeze today.

Posted by ToneeFa > 2021-09-08 15:28 |

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Posted by myinvestor > 2021-09-08 15:31 | Report Abuse

Supermx production lines had been booked for entire 2021. There is only need issue is to produce sufficient gloves for shipment 2021. With 13 plant in operation, the lost production shipment during emco will be filled up by plant 13 in production.

Posted by NatsukoMishima > 2021-09-08 15:33 | Report Abuse

Heart break!

Posted by KimSua > 2021-09-08 15:33 | Report Abuse

Global Third wave on covid cases is on a very steep downtrend since last week. I would suggest to wait a few more weeks before decided to go in. Ex date and drop in local cases this week onwards will also spook the market. Looking at the intrinsic value, DCF based on no growth is around ~2.50 range. Unchartered territory of evaluation. Welcome to debunk the risk vs profit , and fair price estimates.

Posted by MoneyMakers > 2021-09-08 15:35 |

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Posted by MoneyMakers > 2021-09-08 15:35 |

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Posted by ToneeFa > 2021-09-08 15:35 |

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Posted by myinvestor > 2021-09-08 15:35 | Report Abuse

MM,"Malaysia is mainly producing natural latex gloves, but the clinical and ordinary gloves used in all walks of life are not latex gloves, but nitrile and other synthetic gloves," Chen said.

This is fake news. Harta is largest producer of nitrile gloves in the world.

Posted by niet > 2021-09-08 15:35 | Report Abuse

Repeat waiting at 3.05

Posted by anzo888 > 2021-09-08 15:36 | Report Abuse

If not buying now, when to buy? All big 4 gloves at very attractive levels..... Start buying now and all the way down. I like Supermax, Kossan n Comfort most..

Posted by jacklimeu2 > 2021-09-08 15:37 | Report Abuse

Too low to sell now, just hope it will buck the trend and not over correct tomorrow.

Posted by xiaomixiaohai > 2021-09-08 15:39 |

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Posted by MoneyMakers > 2021-09-08 15:41 |

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Posted by MoneyMakers > 2021-09-08 15:43 |

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Posted by myinvestor > 2021-09-08 15:49 | Report Abuse

Toneefa, There is little changes in net short position of supermax. Shorties are covering and dump by daily for past 2 to 3 weeks still around 2.6%. The high dividend dampen their short selling activities.

While TG 180m had reduced the net short position of 80m from peak of 250m. Shorties had covered netshort position from the range 3.70 to 3.80 and now they short back to 2.2%. I think they are renewing the short position of TG bc it is close to deadline of 12mths.

Posted by ToneeFa > Sep 8, 2021 3:35 PM | Report Abuse

Total Net Short Position for 07/09/2021

Supermax - 71,894,986 2.64%
Top Glove - 180,426,092 2.20%
Harta - 47,852,656 1.40%
Kossan - 44,164,285 1.73%

Looks like they have increased net position a bit on SpmX since last week which was ard 2.58%.

Posted by Stealth > 2021-09-08 15:50 | Report Abuse

If anything , further announcement on US expansion/contract is crucial. Anything outside it is is old news and already factored in. Its a matter of sentiment now that is being played up by the shorts!! A pleasant surprise may be in store!

Posted by niet > 2021-09-08 15:50 | Report Abuse

Short sell volume on supermx 312400 shares 3.50pm Some more short selling at 3.09. Hope for short squeeze.

Posted by Ryan83 > 2021-09-08 15:58 | Report Abuse

Glove sentiment will weak looking forward to Top Glove QR next week profits after tax drop how many percentage compares to previous quarter RM2 billions

Posted by niet > 2021-09-08 16:00 | Report Abuse

New MU variant of Covid 19 in USA. A lot might be infected in USA so glove will be fine. Vaccinated people can be still infected.

Posted by ToneeFa > 2021-09-08 16:01 | Report Abuse

Actually I m not angry at u shareinvestor888, but I think u r barking up the wrong tree. Everyone comes here to share their opinion whether right or wrong. We are all adults who can make our own decisions. Our nemesis are the shorties. U have been robbed by them but u r blaming one of the rukun tetangga team members for "not doing a good job".

Posted by Stealth > 2021-09-08 16:02 | Report Abuse

Short squeeze happening?

Posted by MoneyMakers > 2021-09-08 16:03 |

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Posted by MoneyMakers > 2021-09-08 16:03 |

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Posted by niet > 2021-09-08 16:03 | Report Abuse

Malaysia top producer of glove in the world. No need to compare with Poland and China. China not on good terms with USA

Posted by myinvestor > 2021-09-08 16:04 | Report Abuse

China production facing power outage.
GUANGZHOU, China - In a world still recovering from the reverberating effects of the COVID-19 health crisis, one of the international community's wealthiest nations is struggling through a power shortage that may impact the global economy.

China's struggles are causing problems for its international partners, according to a recent CNN report.

The news outlet says Guangdong Province is one of several Chinese regions battling an electricity shortage caused by the threefold issue of extreme weather conditions, surging demand for energy, and strict limits of coal usage.

CNN says the shortage could last for months.
The production cuts and prospect of missed delivery deadlines across China pose a threat to an already tight global supply chain.

"It [the power shortage] might add to the shipping delays which can be felt around the globe," said Henning Gloystein, director of energy, climate and resources at Eurasia Group.

At this time, it remains to be seen how long China's energy shortage and ensuing manufacturing slowdown will continue

https://www.wbrz.com/news/how-china-s-power-shortage-impacts-the-global-community

Posted by ToneeFa > 2021-09-08 16:06 |

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Posted by HarryBodoh > 2021-09-08 16:06 | Report Abuse

Sure die

Posted by MoneyMakers > 2021-09-08 16:07 |

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Posted by niet > 2021-09-08 16:10 | Report Abuse

USA importing Malaysia Gloves which recognised by FDA.

Posted by shareinvestor888 > 2021-09-08 16:16 | Report Abuse

@ToneeFa… It is really none of your business on how I wish to chat with @pjseow.

Posted by MoneyMakers > 2021-09-08 16:17 |

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Posted by MoneyMakers > 2021-09-08 16:20 |

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Posted by Youngkid > 2021-09-08 16:20 | Report Abuse

Tomolo ex date, no wonder drop lah!

Posted by niet > 2021-09-08 16:24 | Report Abuse

Shorts having problem. Not many selling.

Posted by niet > 2021-09-08 16:25 | Report Abuse

Ex date not drop it adjusted for dividend.

Posted by niet > 2021-09-08 16:26 | Report Abuse

Hopefully after budget RSS suspended indefinitely

Posted by ToneeFa > 2021-09-08 16:28 | Report Abuse

@shareinvestor888 @ToneeFa… It is really none of your business on how I wish to chat with @pjseow.
08/09/2021 4:16 PM

Actually pjseow is my friend, and if anyone were to be unreasonably rude to my friend then it becomes my business too.

Posted by MoneyMakers > 2021-09-08 16:35 |

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Posted by elbrutus > 2021-09-08 16:35 | Report Abuse

bro well said

Posted by Bgt 9963 > 2021-09-08 16:36 |

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Posted by Stealth > 2021-09-08 16:38 |

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Posted by Ryan83 > 2021-09-08 16:38 | Report Abuse

Tomorrow rebound or sell off day for all glove stocks

Posted by Stealth > 2021-09-08 16:40 |

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Posted by niet > 2021-09-08 16:41 | Report Abuse

Only 2 sen drop so far.

Posted by niet > 2021-09-08 16:42 | Report Abuse

Might 1 sen drop.