Posted by ThePowerOfGlove > 2021-09-26 13:14 | Report Abuse

shorting gang losing power

Posted by ThePowerOfGlove > 2021-09-26 13:15 | Report Abuse

shorting gang running out of gas

Posted by ThePowerOfGlove > 2021-09-26 13:15 | Report Abuse

shorting gang running out of desperate pathetic scare stories

Posted by ThePowerOfGlove > 2021-09-26 13:16 | 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 ThePowerOfGlove > 2021-09-26 13:17 | Report Abuse

singapore covid-19 cases just hit record 1,650 per day

Posted by ThePowerOfGlove > 2021-09-26 13:17 | Report Abuse

even highly vaxxed singapore struggling hard to manage covid now

Posted by ThePowerOfGlove > 2021-09-26 13:17 | Report Abuse

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

Posted by sharemarket21 > 2021-09-26 13:43 | Report Abuse

Wild imagination won't solve the problems now. Follow the factual and signs closely. Many have been fantasizing since the few peaks and now already roasted and still roasting. A few made strong statements and paying the expensive price now. Others who followed blindly are in deep trouble especially those who invested so much of their hard earned savings. Margin call soon and thereafter technical rebound from the lowest. Short sighted about stock market and poor vision about gloves sector and forecast. All these are amateurish investors and traders in the room. Worst still crooked room operator also played a role for your 30% losses.

Posted by VolatileIsMyGold > 2021-09-26 13:46 | Report Abuse

you mean wild imaginations like AA hitting RM35

Posted by VolatileIsMyGold > 2021-09-26 13:48 | Report Abuse

oh yeah, that is much much much wilder than supermax surging back up to 3.70, of course

Posted by monetary > 2021-09-26 14:03 | Report Abuse

When the called fundamental failed to lift share price imagination kicked in. Cash distribution. Diversification. Now Jack Ma also kena carried to altar. Why not Elon Marks or Cathie Wood? Stop hallucinating. Be realistic.

Posted by MoneyMakers > 2021-09-26 14:08 | Report Abuse

Walao TG TP left 2.2..lets see if tomorrow start dumping or wait friday div xdate only dump

Posted by pjseow > 2021-09-26 14:37 | Report Abuse

JP Morgan gave a better rating to Kossan than Topflove due to its 26 % of Cash in hand wrt to its.mkt cap compared with only 3 % in Topglove . Supermx.has cash in hand of 60 % its mkt cap.
Kossan has 1.6 b nett.cash while supermx has more than double kossan nett cash of 3.5 b.

Posted by pjseow > 2021-09-26 14:57 | Report Abuse

In our form 5 physics , when you study optics, there is a difference between REAL image versus Virtual Image . Real image can be captured on a screen while virtual image cant.
Cash in hand is Real.Money . You can see it , touch it , feel it , use it and distribute it . Markets give extremely high PE s to.some semicon stocks based on projections which may or may not come true. The future cash in hand is imaginery or virtual which is not real money. You cannot feel it , touch it ,use it and distribute it . You can only fantasize because it is virtual. There is a risk that the huge projections with PE of more than 30 may not come true.

Posted by monetary > 2021-09-26 15:22 | Report Abuse

Can't agree with u. Semiconductor, renewable energy are like a typhoon sweeping across USA & China. What's going to happen in 3rd world is just a replica of what is happening in USA & China. So where is the replica of glove? The only replica is the past. The past has clearly told u tat glove went through 3 phases. Climax. Over supply. Price war. Elimating the non competitive players. Market back to equilibrium. Awaiting another climax. Where are we now?

Posted by monetary > 2021-09-26 15:27 | Report Abuse

The most relevant reality or fact now is SP share price has risen more than 200% even at current battered down price. The banker has huge margin to play with u before allowing SP to be priced fairly. Besides, is it the banker responsibility to ensure glove to be priced fairly? They just want to drain u dry and get all the money from your pockets.

Posted by Mr.Sm Invest123 > 2021-09-26 15:36 | Report Abuse

gloves over supply now. GG

Posted by Mr.Sm Invest123 > 2021-09-26 15:43 | Report Abuse

PMBTECH had double its production from 36,000 mtpa to 72,000 mtpa up to now, up to its 2nd phase project expansion from 4 phase development of 64 hectares ..

ADVANTAGES OF PMBTECH SILICON

Logistic Cost Advantage : Strategically located between the East and the West, Malaysia is located at the straits of Malacca, home to Singapore Port & Port Klang, Malaysia, two of busiest port in the world where shipping rates are favourable.

Locally Sourced Raw Material : Malaysia has readily available raw material which ensures consistency in supply.

Abundant Green Power Supply : Blessed with high rainfall and an abundance of rivers, Sarawak provides affordable, renewable energy through hydropower developments .. 1st hydroelectric plant (HEP) at Batang Ai (108 MW) in 1985, with Bakun HEP in 2011 (2,400 MW), followed by Murum HEP in 2014 (944 MW). Baleh HEP is still under construction & expected to be commissioned by 2025. That will make total capacity 3,452 MW.
source : sarawakenergy.com

CHINA SUPPLY OUTLOOK
Silicon & Aluminium price on a tear

Both silicon & aluminium price soars to their 3-year high. While global solar energy demand drove the recovery from March lows, it was actually news about China changing their environmental policies that fuels the price trend.

China produces more than 50% / 60% of the world’s aluminium / silicon. As mentioned earlier, it takes a great environmental toll to produce these materials. Now that China pivots its environmental concern policies, coal-fired power plants will be discontinued hence potentially shrinking production rates and altering supply-demand balance outlook.


SILICON AS AN ESSENTIAL MATERIAL FOR SOLAR & EV ECONOMY

Solar – The basic component of a solar cell is pure silicon, which also has been used as an electrical component for decades.

Polysilicon (a purer form of silicon) is in acute shortage because of vigorous solar module demand. Over 90% of the current solar cell market is based on silicon currently.

Electronic Vehicles (EV) – Elon Musk announced that Tesla will use more Silicon to replace Cobalt in producing its batteries for its future generation models.

The strategy poise to make Tesla EV a lot more affordable and is seen to be adopted by other EV battery vendors.

AGGRESSIVE CAPACITY EXPANSION

PMBT is undergoing an aggressive expansion plan to meet the world’s silicon demand is impeccable.

Located in Samalaju Industrial Park in Bintulu, Sarawak, it had double production capacity from 36,000 mtpa (1st phase) to 72,000 mtpa (phase 2), current phase.

The co.’s corporate plan indicates that the plant size is of 64 hectares and is suitable for 4 phases of development.

TRADE WAR

Trade war distorts the global supply chain. PMBTECH stands to capture higher market share as a neutral Malaysian producer.

Meanwhile the company’s markets are mainly in Europe and America where there are trade barriers against the Chinese suppliers.

CATALYST

Solar and EV drives silicon demand

Production capacity expands by 2x in 2021

Tesla battery revolution drives more silicon for anode material

Trade war for higher market share
25/09/2021 10:23 PM

Posted by myinvestor > 2021-09-26 15:58 | Report Abuse

With pandemics is raging, there is no issue of over supply. The world still have not produce enough gloves for the heath care sector and other. More sectors such as food , automotive, leisure are boosting the usage of gloves. Another country is China, the 2nd largest economy of the world are increasing of usage of nitrile gloves and expecting to reach 13.6b glove in 2026. Their own production of gloves ultimately will cater for their own domestic use.
https://forbesalert.com/news/finance/banking/global-nitrile-gloves-market-to-reach-57-1-billion-by-2026/


"The U.S. Market is Estimated at $11.4 Billion in 2021, While China is Forecast to Reach $13.6 Billion by 2026
The Nitrile Gloves market in the U.S. is estimated at US$11.4 Billion in the year 2021. The country currently accounts for a 33.58% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$13.6 Billion in the year 2026 trailing a CAGR of 29.1% through the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 18.3% and 22.7% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 20.2% CAGR while Rest of European market (as defined in the study) will reach US$14.8 Billion by the close of the analysis period."

Posted by myinvestor > 2021-09-26 16:17 | Report Abuse

Watch the Chinese doctors trailer. Their healthcare full equipped with full PPE to fight the covid.

https://www.youtube.com/watch?v=6vFrc7kbqjU

Posted by MoneyMakers > 2021-09-26 16:30 | Report Abuse

Deyy see supply/demand/ASP..not pic doctor wear ppe aiyoyo

Posted by MoneyMakers > 2021-09-26 16:38 | Report Abuse

Nothing left to do but wait 65sen target hit..just uninstall app no need come here everyday every week see price drop

Posted by ToneeFa > 2021-09-26 16:51 | Report Abuse

Aiyoh, MM, u also no need to everyday come here and talk about ur 65sen fantasy. U just come in once a month to drop a reminder of ur fantasy will do. U hv mentioned enough times for us to remember for the rest of our lives la.

Posted by casanwk > 2021-09-26 17:27 | Report Abuse

Beautiful inverted head & shoulders in progress(15 chart)
Complete by tomolo afternoon for breakout or shortist messy it!

Posted by MoneyMakers > 2021-09-26 19:22 | Report Abuse

Tunafa Lets both stay here until 65sen

Posted by ToneeFa > 2021-09-26 19:29 | Report Abuse

MM ur dedication to a counter that u don't even own a piece of share is admirable, although for the wrong reason, maybe u gotta wait until u r 65 yrs old with many more rounds of bonus issues, maybe then it will reach ur fantasy target.

Posted by MoneyMakers > 2021-09-26 19:41 | Report Abuse

Tunafa Should be 65sen by Q1 nxt yr (QR profit regularised)..i may even retire if reach 1.5 by year end

Posted by VolatileIsMyGold > 2021-09-26 19:45 | Report Abuse

shorting cartel gonna be buggered big time soon

Posted by pjseow > 2021-09-26 20:24 | Report Abuse

MM , your 65 to 75 sen price of supermx at pre pandemic is a supermx with only 22 billions capacity and in nett debt position. The EPS then was only 4.6 sen . By middle of next year, supermx will have a capcity of 36 b fully paid up and nett cash of 4.7 billions or RM 1.7 a share. FY 2023 is projected to make 882 millions a year by the IBs. The EPS is 32 sen. Who is so dumb to sell at 65 sen ?

---------------------------------
MoneyMakers Tunafa Should be 65sen by Q1 nxt yr (QR profit regularised)..i may even retire if reach 1.5 by year end
26/09/2021 7:41 PM

Posted by jacklimeu2 > 2021-09-26 20:33 | Report Abuse

You guys no weekend rest issit?

Posted by pjseow > 2021-09-26 20:42 | Report Abuse

MM , if you still.cannot get my message, let me tell you an American joke.

One day , Bill Clinton felt very bored and he decided to take a walk in.a red light area. He saw a.beautiful and sexy.young hooker looking for customers. He asked her " How much ? . She replied ""300 dollar"". The stingy Bill told her " NO NO , It is too expensive. During the pre pandemic , the price is only 65 dollar" . The hooker felt offended and ignored him.
Then one day after the country opened up , Bill bring along Pelosi and took.a walk along the same red light area. The hooker spotted and recognised him. She shouted at him and pointing at Pelosi from far "" Hey , This is the type you will get for 65 dollar ".

Posted by Start_0f_the_bull > 2021-09-26 20:43 | Report Abuse

MM if 65c still can't be erased from your mind perhaps it is the time you need to see a psychiatrist.

Posted by Geek2020 > 2021-09-26 21:23 | Report Abuse

Supermax cannot be equated with others. Supermax is in a unique position with their presence in US. In anyway, at this price level, the dividend yield is astounding

Posted by ToneeFa > 2021-09-26 22:13 | Report Abuse

@MoneyMakers Tunafa Should be 65sen by Q1 nxt yr (QR profit regularised)..i may even retire if reach 1.5 by year end
26/09/2021 7:41 PM

If can reach 1.5 by year end, I will also retire

Posted by ToneeFa > 2021-09-26 22:14 | Report Abuse

@Start_0f_the_bull MM if 65c still can't be erased from your mind perhaps it is the time you need to see a psychiatrist.
26/09/2021 8:43 PM

There is no psychiatrist qualified to treat him la

Posted by ToneeFa > 2021-09-26 22:19 |

Post removed.Why?

Posted by Habisgl0v3333 > 2021-09-26 22:54 | Report Abuse

Let's go tmr!! Don't limit up pls, slowly climb

Posted by skyu > 2021-09-26 22:55 | Report Abuse

tomorrow limit up? what u smoke?

Posted by bpsiah > 2021-09-26 23:13 | Report Abuse

JPMorgan Under Brazilian Scrutiny. Leading US investment bank JP Morgan & Chase (NYSE:JPM) is being investigated by Brazilian authorities for participating in a bribery and money laundering scheme that reportedly existed all the way back in 2011, with the bank seemingly getting fuel oil deliveries from Petrobras with artificially low prices.

Posted by MoneyMakers > 2021-09-26 23:14 | Report Abuse

Really interesting see if got mass selloff tomorrow after JPM downgrade TG @ 2.2

Posted by MoneyMakers > 2021-09-26 23:15 | Report Abuse

Last time many laugh off JPM TG TP 3.5/2.8 but now alrdy reality

Smart ones might want to exit 1st b4 latest TP 2.2 become reality

Posted by kbtsyl68 > 2021-09-26 23:19 | Report Abuse

Maybe all the major shareholders of glove company should listen to the analyst to sell their existing shareholding and buy back more at lower price. I wish tomorrow have more discount .

Posted by ThePowerOfGlove > 2021-09-27 00:33 | Report Abuse

shorting gang losing power

Posted by ThePowerOfGlove > 2021-09-27 00:33 | Report Abuse

shorting gang running out of gas

Posted by ThePowerOfGlove > 2021-09-27 00:34 | Report Abuse

shorting gang running out of desperate pathetic scare stories

Posted by ThePowerOfGlove > 2021-09-27 00:34 | 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 ThePowerOfGlove > 2021-09-27 00:34 | Report Abuse

singapore covid-19 cases just hit record 1,650 per day

Posted by ThePowerOfGlove > 2021-09-27 00:34 | Report Abuse

even highly vaxxed singapore struggling hard to manage covid now

Posted by ThePowerOfGlove > 2021-09-27 00:35 | Report Abuse

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

Posted by StockGodFatt > 2021-09-27 00:39 | Report Abuse

Yes I want to sell my Supermax at 65cents but cannot la I can only sell at 2.32 now. Hehe