Posted by ThePowerOfGlove > 2021-09-20 11:14 | Report Abuse

shorting gang now getting all stressed up

Posted by xiaomixiaohai > 2021-09-20 11:16 | Report Abuse

Shouldn't u worry about your windfart tax? Lol

ThePowerOfGlove: shorting gang now getting all stressed up
20/09/2021 11:14 AM

Posted by Jonathan Keung > 2021-09-20 11:18 | Report Abuse

Bad day for gloves. Drop everyday

Posted by jwyap > 2021-09-20 11:24 | Report Abuse

This is the warning no to buy good share counter

Posted by Ryan83 > 2021-09-20 11:25 | Report Abuse

ASP normalize next year to pre pandemic price as all glove stocks under selling pressure by both local institutions and retailers

Posted by ThePowerOfGlove > 2021-09-20 11:26 | Report Abuse

shorting gang now back to having to resort to desperate pathetic old stale tak laku grandmothers' windfart tax tale

pooooorrrrrttttt

Posted by ThePowerOfGlove > 2021-09-20 11:27 | Report Abuse

shorting gang losing power

Posted by ThePowerOfGlove > 2021-09-20 11:28 | Report Abuse

shorting gang running out of gas

Posted by ThePowerOfGlove > 2021-09-20 11:28 | Report Abuse

shorting gang running out of desperate scare stories

Posted by shareinvestor888 > 2021-09-20 11:29 | Report Abuse

@Stealth posted,

Stock: [SUPERMX]: SUPERMAX CORP BHD
Posted by Stealth Aug 25, 2021 11:30 AM | Report Abuse
BUY BUY BUY!! GOOD BARGAIN AT THIS PRICE!!!!


Posted by Stealth Aug 25, 2021 10:58 AM | Report Abuse
BET IS STILL ON IF YOU NAYSAYERS TRULY BELIEVE IN WHAT YOU SAY!!!!


Posted by Stealth Aug 25, 2021 10:57 AM | Report Abuse
I would all in if only i had the money!!!!


Today Sept 20 Supermx 2.48 now…

Posted by sharemarket21 > 2021-09-20 11:30 | Report Abuse

Gloves company still make good profits and supporting the Government and people. Stock price is nothing if you really understand how stock market works. We ought to know that many have threw in everything because they think they are smart but the big fellas are out there to nab you first. Go in only when it starts recovering at least 2-3 days.

Posted by bojed > 2021-09-20 11:33 | Report Abuse

@ThePowerOfGlove RSS is capped at 4% for a particular company in KLSE.

https://www.theedgemarkets.com/article/no-plans-banning-rss-again-says-bursa-ceo

So stop being paranoid and don't blame everything on them.

Posted by MoneyMakers > 2021-09-20 11:35 | Report Abuse

Ding3 2.5 unlocked..road to 65sen (prepandemic price)

Posted by MoneyMakers > 2021-09-20 11:36 | Report Abuse

SG glove crashing..TG SG down 4%..UG Healthcare down 11%..Riverstone down 12%

Waiting Supermx 10%++ drop like old days

Posted by z5spyglass > 2021-09-20 11:39 | Report Abuse

bojed/// your link is an old news. outdated. if They don't ban RSS now KLSE will be a shit place.

Posted by Catchthewave > 2021-09-20 11:40 | Report Abuse

Desperate counter, I already start to do short.

Posted by Ryan83 > 2021-09-20 11:42 | Report Abuse

Top Glove Singapore falls 6% to 94 sen = RM2.82

Posted by ThePowerOfGlove > 2021-09-20 11:42 | Report Abuse

shorting gang gonna get arrse whupped big time soon

Posted by ThePowerOfGlove > 2021-09-20 11:43 | Report Abuse

big arrse whupping coming for shorting gang soon

Posted by ThePowerOfGlove > 2021-09-20 11:44 | Report Abuse

shorting gang losing power

Posted by ThePowerOfGlove > 2021-09-20 11:44 | Report Abuse

shorting gang running out of gas

Posted by ThePowerOfGlove > 2021-09-20 11:45 | Report Abuse

shorting gang running out of desperate scare stories

Posted by ThePowerOfGlove > 2021-09-20 11:45 | Report Abuse

shorting gang now back to having to resort to desperate pathetic old stale tak laku grandmother's windfart tax tale

pooooorrrrrttttt

Posted by nuke > 2021-09-20 11:47 | Report Abuse

A bit of positive/negative news:

SARS-COV-2 (Covid-19) isn't done with the world yet.

Posted by Keyman188 > 2021-09-20 11:49 | Report Abuse

WHY all glove counters so fierce down down down...

Is the time to kill contra players...

Is the time to kill short term traders...

Is the time to kill traders who always think "skim cepat kaya"...


wkwkwk...kekeke...heheh...

Posted by munfatt2000 > 2021-09-20 11:59 | Report Abuse

supermax good record - profit for 20yrs

supermax Jun 21 - NTA RM 1.82
cash on hand RM 1.40
EPS FY 2021 RM 1.46
DPS FY 2021 RM 0.3180

Now trade at RM 2.60 - lelong price

As at 14th Sep 21 Short position 75Mil share

Shorties short 1.2Mil share 15th Sep and also bought back 1.2Mil

As at 15th Sep short position maintain at 75Mil share

Shorties short 1.16Mil share and buy back 0 share 17th Sep

As at 17th Sep short position increased to 76.4Mil.

if you do not sell at this lelong price, shorties cannot cover back 76.4mil

Let shorties buy back at higher price

now shorties want to collect cheap share from retailer

so ask some ppl say bad without basis to scare retailer



Supermax Corporation - FY21 Inline With Expectations
Date: 27/08/2021

Source : KENANGA
Stock : SUPERMX Price Target : 5.00 | Price Call : BUY
Last Price : 2.73 | Upside/Downside : +2.27 (83.15%)

Posted by ToneeFa > 2021-09-20 11:59 | Report Abuse

Below is my argument which I posted on 10 Sep, that US is poised to reimpose the medical product tariff on China glovemakers again, of up to 25%, to be decided and announced before 30 Sep dateline. If US decides to reimpose the tariff, I believe this will have huge negative repercussion on China glovemakers, esp Intco, and will hugely benefit Msia glovemakers and should also help to stabilize the ASP going forward.

---------------------------------------------------------------

@Toneefa
Stock: [SUPERMX]: SUPERMAX CORP BHD

Sep 10, 2021 11:43 PM | Report Abuse

https://www.scmp.com/news/china/diplomacy/article/3146554/us-considers-extending-tariff-relief-chinese-medical-gear-used?module=perpetual_scroll&pgtype=article&campaign=3146554

The tariff exemptions on the medical goods and personal protective equipment used to fight Covid-19 are set to expire on September 30
The administration of US President Joe Biden will soon decide whether to extend tariff exemptions for Chinese-made masks, gloves and other goods needed to fight the Covid-19 pandemic, according to a notice set to be published on Friday by the US Trade Representative’s office.
“In light of these changing circumstances, including the ability of the United States to obtain certain products domestically or from other sources, USTR is requesting public comments on whether to extend particular exclusions for COVID-19 products for up to six months,” it says.
The announcement comes as Washington and Beijing continue to clash on a range of fronts, including trade policy. “USTR will evaluate each exclusion on a case-by-case basis,” the notice says.The notice says that the administration will not only look at whether the products from China are needed during the pandemic -- but also whether the tariff exclusions are helping the US achieve its broader goals related to China’s trade practices.
Biden’s top trade adviser, US Trade Representative Katherine Tai, has been vocal about what she describes as China’s “coercive and unfair trade practices”.
------------------------------------------------------------------------

This tariff against China medical products is a very important issue . If US were to reimpose the tariff it will potentially clip the wings of the China glovemakers' ability to expand further and allow the ASP to stabilize at higher levels above USD 35. This would have quite a major positive longer term implication to our glovemakers.
The question is what is the likely decision come 30 Sept dateline? Reading the above article, one will notice 3 key points:
1) the administration will not only look at whether the products from China are needed during the pandemic -- but also whether the tariff exclusions are helping the US achieve its broader goals related to China’s trade practices.
2) USTR is requesting public comments on whether to extend particular exclusions for COVID-19 products for up to six months
3) Biden’s top trade adviser, US Trade Representative Katherine Tai, has been vocal about what she describes as China’s “coercive and unfair trade practices”.

The above 3 key points seem to imply a negative outlook towards the extension of the tariff exemption:
1) China-US relationship is deteriorating further at a fast rate which will affect the trade decisions going forward.
2), the current public opinion on China is more negative than positive.
3) , Katherine Tai being Biden top trade advisor is rather negative about China. Its understandable as her parents are Taiwanese. [Tai was born in Connecticut and grew up in Washington, D.C., where she attended Sidwell Friends School.[5] Her parents, who were both born in mainland China,[6] grew up in Taiwan and later immigrated to the United States]

Another sign is that US has just lifted the ban on TG to allow more non-China gloves to enter US, perhaps in preparation to reduce the China gloves imports.

I believe all the points above may lead to the re-imposition of the tariff.

(the above is just an opinion and not a buy/sell call)

Posted by ThePowerOfGlove > 2021-09-20 12:01 | Report Abuse

singapore covid-19 cases just breached 1,000 per day

Posted by ThePowerOfGlove > 2021-09-20 12:01 | Report Abuse

even singapore having problems with covid management now

Posted by ThePowerOfGlove > 2021-09-20 12:02 | Report Abuse

only wackos, nuthedds & crackos believe that covid-19 gonna disappear completely in one month

Posted by z5spyglass > 2021-09-20 12:04 | Report Abuse

buying Supermx shares is like buying a death warrant.

Posted by MoneyMakers > 2021-09-20 12:05 | Report Abuse

‘Covid forever’ lame excuse cannot support share price

Prepandemic ASP = prepandemic profits = prepandemic share price (65sen)..simple

Posted by greatinvestor1 > 2021-09-20 12:15 | Report Abuse

Deviden coming soon. buy share more. happy life

Posted by ThePowerOfGlove > 2021-09-20 12:21 | Report Abuse

check covid experiences of USA, UK & israel also

what happened to them all after high vaccination rate followed by overconfident overexuberant opening up & loosening up of restrictions

don't simply gulp & swallow bullkrapp msian data fed to you by msian kabinet gagal #2

Posted by ThePowerOfGlove > 2021-09-20 12:22 | Report Abuse

after achieving daily cases 15 - 17 cases per day in march with 85% vaccination rate, israel opened up & loosened up completely, then what happened to them?

september 13, they hit 10,000 cases per day

Posted by ThePowerOfGlove > 2021-09-20 12:26 | Report Abuse

singapore covid-19 cases just breached 1,000 per day

Posted by ThePowerOfGlove > 2021-09-20 12:27 | Report Abuse

even singapore having problems with covid management now

Posted by ThePowerOfGlove > 2021-09-20 12:27 | Report Abuse

only wackos, nuthedds & crackos believe that covid-19 gonna disappear completely in one month

Posted by investmalaysia7777 > 2021-09-20 12:30 | Report Abuse

wait harta show dropping quarter results. another bloodbath

Posted by Maxsuper > 2021-09-20 12:31 | Report Abuse

..... so many stuck.... so many self consoling everyday..

Posted by ahbah > 2021-09-20 12:37 | Report Abuse

What to do ?

Posted by xiaomixiaohai > 2021-09-20 12:59 | Report Abuse

Bad karma to glove maniacs...padan muka lol

Posted by monetary > 2021-09-20 13:11 | Report Abuse

Tonyfa. U have the points but u only interpret them positively. How about the negative aspect? USA first baned TG and importef China glove. Now the lifted ban on TG and impose tariffs on China glove. USA can do that back and forth. The outcome is glove asp is squeezed lower and lower. The summary is no pricing power. No business moat. USA put a hook at glove producers' noses.

Posted by monetary > 2021-09-20 13:16 | Report Abuse

Waiting for MOF's rescue to ban RSS? Shorting gang desperate? I can see that u are much more desperate. U will die many times before shorting gang die one time. Pls wake up, dude.

Posted by MoneyMakers > 2021-09-20 13:16 | Report Abuse

MBB downgrade TG TP to RM1.68

HLInvest downgrade TG TP to RM2.80

PublicInv downgrade TG TP to RM2.83 (from RM4.40)

AmInvest downgrade TG TP to RM3.1 (from RM3.77)

Kenanga downgrade TG TP to RM3.50 (from RM5.50)

Posted by MoneyMakers > 2021-09-20 13:22 | Report Abuse

Every QR got downgrades..by nxt QR, price alrdy drop another 30%-40%

Posted by xiaomixiaohai > 2021-09-20 13:24 | Report Abuse

Oversupply globally is serious. Next qr should see losses....

Posted by AlexT12 > 2021-09-20 13:24 | Report Abuse

brace for nose dive. warning, low attitude, warning...

Posted by MoneyMakers > 2021-09-20 13:44 | Report Abuse

Prepandemic (current)
———————————————
Harta - 5.5 (6.18 @ 1.1x)
Kossan - 2.1 (2.49 @ 1.2x)
TG - 1.5 (2.9 @ 2.0x)
Spmx - 65sen (2.5 @ 3.9x prepandemic price)

Supermx is most overvalued - will drop most among Big4

Posted by investmalaysia7777 > 2021-09-20 13:47 | Report Abuse

yeah. everyday hope covid stay around la. everyday say delta la this and that. karma for you guys.