Posted by gemfinder > 2021-09-27 22:27 |

Post removed.Why?

Posted by 5c0160 > 2021-09-27 22:29 | Report Abuse

wait at 1.80

Posted by Gerrardo > 2021-09-27 22:52 | Report Abuse

Same like Kossan, closing red

Only TG still steady

SUPERMX]: SUPERMAX CORP BHD

Last Price Today's Change Day's Range Trading Volume
2.22 -0.10 (4.31%) 2.20 - 2.29 8,948,500
209,400 comment(s). Last comment by 5c0160 at Sep 27, 2021 10:29 PM

Posted by ToneeFa > 2021-09-27 22:54 | Report Abuse

@Ryan83 Heavy selling even with low RSS volumes as short term traders cut loss and local institutions keep disposing glove shares
27/09/2021 9:00 PM

Today mainly right hand pocket sell down to left hand pocket

Posted by matyus > 2021-09-28 07:10 | Report Abuse

Hi all,

I thought RSS max limit was 3% NSP. How can they short HSCEI-2XL (TRADEPLUS HSCEI DAILY (2X) LEVERAGED TRACKER) with 3.14%?

Posted by Larn > 2021-09-28 08:30 | Report Abuse

seems Bursa cannot control with precision on the RSS limit circuit breaker..very funny

Posted by skyu > 2021-09-28 08:33 | Report Abuse

aiyo, don’t blame the rss la, it has nothing to do la, is at 2.99% now and price still going down

Posted by Larn > 2021-09-28 08:35 | Report Abuse

Net Short Position As At 27-Sep-2021

SUPERMX 80,635,129 (2.96%)

TOPGLOV 242,536,192 (2.96%)

KOSSAN 51,289,085 (2.01%)

HARTA 50,828,806 (1.48%)

Posted by Larn > 2021-09-28 08:37 | Report Abuse

going down they sell among them..

Posted by Larn > 2021-09-28 08:40 | Report Abuse

when no retailer wanna sell lelong price..they sell among them to bring down price..the intention is to continue breakdown price all the way and create panic selling..

Posted by Larn > 2021-09-28 08:40 | Report Abuse

typical shorting ambush..

Posted by Larn > 2021-09-28 08:43 | Report Abuse

just bring the price to lowest quickly la...we can all quickly que and accumulate as much as we can at bottom price..

Posted by Larn > 2021-09-28 08:44 | Report Abuse

RSS..what you borrow..you need to return back..dont run away..

RSS..until you return back you borrowed shares, you only PAPER PROFIT..dont run away..

RSS..bring it on 0.01sen..i will bolot as much as i can..

Posted by myinvestor > 2021-09-28 08:44 | Report Abuse

3% is not small volume. 80m shares net short position is value about 400m if the avg cost of shorties is 5.00. This is not include the interest and dividend payment to ib lenders and private lenders.

Posted by pjseow > 2021-09-28 08:47 | Report Abuse

Yup Tonee ,Yesterday volume is only 0.33% of the total shares of the company. Such.low volumes does not represent heavy selling. It is not like 5 to 10 % of total shares transacted. Such low volume can be easily manipulated.


------------------
ToneeFa @Ryan83 Heavy selling even with low RSS volumes as short term traders cut loss and local institutions keep disposing glove shares
27/09/2021 9:00 PM

Today mainly right hand pocket sell down to left hand pocket
27/09/2021 10:54 PM

Posted by pjseow > 2021-09-28 08:57 | Report Abuse

Would you sell a money generating bag worth rm 700 for rm 2300 with rm 1300 inside and will generate rm 800 this year and rm 320 every year in subsequent years ?
OR
Will you buy such money generating bag for rm 2300 if someone offer to you ?

Posted by Bgt 9963 > 2021-09-28 08:59 | Report Abuse

Goner...

Posted by skyu > 2021-09-28 09:06 | Report Abuse

there is no way u will know when is the lowest .

Posted by munfatt2000 > 2021-09-28 09:09 | Report Abuse

As at 14th Sep 21 Short position 75Mil share

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

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

As at 20th Sep short position increased to 77.2Mil.

21st Sep short position as high as 77.2Mil share.

22nd Sep Outstanding short position 78.2Mil.

23th Sep outstanding short position 79.3Mil.

24th Sep outstanding short position 80.3Mil

27th Sep outstanding short position 80.6Mil

Shorties kept on lelong cheap cheap, grab more if u got holding power

Let shorties lelong cheap cheap to u, not u sell cheap cheap to shorties.

Posted by myinvestor > 2021-09-28 09:10 | Report Abuse

Supermax customers from Europe/UK are looking for highest standard below.

UK CA mark.
ISO21420:2020
BS EN455
BS EN ISO374
EU 2017/745 Medical Device regulation
PPE Regulation (EU 2016/425)


https://www.aureliagloves.co.uk/blog

Posted by skyu > 2021-09-28 09:15 | Report Abuse

that hscei is just like any call warrant issuesd by bank or investment bank, it doesn’t hold any intricacies value at all ,

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

Price still within 221 zone
Showdown continues......

Posted by myinvestor > 2021-09-28 09:24 | Report Abuse

World need more gloves. Look at tenders and bid on the below site.
https://www.medicaltenders.com/eu/europe-surgical-gloves-tenders.php

Posted by Bgt 9963 > 2021-09-28 09:28 | Report Abuse

Gloves stock will be hibernating for a long time...!

Posted by Geek2020 > 2021-09-28 09:34 | Report Abuse

Ministry of HR finally agrees to bring foreign worker issues to cabinet. Good news for glove companies

Posted by skyu > 2021-09-28 09:35 | Report Abuse

not just nitrile or the conventionally latex gloves, glove has breakthrough the traditional old time functionality as a barrier of hand and surface. gloves nowadays is more to biodegradable and also anti microbial. if not mistaken , hartalega anti microbial obtained fda approval last year.

we hate covid virus, but we failed in containing the spread, vaccination alone is proven not enough, and long term effect especially in children is still a question mark . to protect yourself , hygiene is the top most priority such as when i refuel my drive, i use nitrile gloves.

Posted by casanwk > 2021-09-28 09:41 | Report Abuse

Lai lai lai

Posted by Larn > 2021-09-28 09:43 | Report Abuse

Yesterday YDPA visited Tun Abdul Razak Research Centre in UK, which is rubber research center owner by Malaysia Rubber Board, out of the blue..why this research center is important? yes..Malaysia among top quality gloves producer..

Posted by Larn > 2021-09-28 09:47 | Report Abuse

RSS still in control..beware of pump and dump..

Posted by BursaBearAlways > 2021-09-28 09:51 | Report Abuse

NO HOPE
ITS GONE!!!!
ONLY BAN RSS
WILL HELP RETAILERS
WE NEED BOSSKU

Posted by Benhobenhobenho > 2021-09-28 10:45 | Report Abuse

Stock had dropped so much. The only direction from now is UP UP UP

Posted by Benhobenhobenho > 2021-09-28 10:49 | Report Abuse

Good news, Harta is leading the charge ahead today

Posted by myinvestor > 2021-09-28 11:00 | Report Abuse

If u watch "Chinese doctors" movie, the doctors and nurses in China are wearing low quality PPE, gloves and face mask. The hand and face of healthcare workers all have scar and swollen after prolong wearing of low quality gloves and facemask.
That's why Europe and US prefer quality Malaysia produced gloves and PPE.

Posted by Habisgl0v3333 > 2021-09-28 11:13 | Report Abuse

No point going down anymore, now is the time for the ostrich to say : f u ! No storm is cummin

Posted by Start_0f_the_bull > 2021-09-28 11:16 | Report Abuse

Shorties failed to deliver. Now I miss the boat. LOL

Posted by Benhobenhobenho > 2021-09-28 11:18 | Report Abuse

@myinvestor, to be fair, china do produce good quality goods provided one is willing to pay. If u pay peanuts, u will get peanuts. As simple as that. Obviously cheap goods normally don't last

Posted by casanwk > 2021-09-28 11:19 | Report Abuse

Resistance- 229 & 230
Bullish butterfly pattern?
Today tp - 234 & above

Posted by oskchoon > 2021-09-28 11:19 | Report Abuse

Supermax TP price is RM 3.15 and shorties try to buy back cheaper share prices, now Supermax price is around RM 2.22, why sell when Supermax have RM 1.30 cash on hand and you are paying only RM 0.90 for the international Glove ventures business, even NTA is RM 1.89, very solid asset company, don't be fooled by the shorties, if ppl stop selling, then Supermax price will go back up to the TP price of RM 3.15 soon...

Posted by AlsvinChangan > 2021-09-28 11:24 | Report Abuse

bilis started BUY

15 sen loss CUT

Posted by Benhobenhobenho > 2021-09-28 11:26 | Report Abuse

At this lowest price, there's actually nothing to worry. Already bottom or near to it so no worry.

Posted by Habisgl0v3333 > 2021-09-28 11:38 | Report Abuse

Break up incoming!!!!!!

Posted by Benhobenhobenho > 2021-09-28 11:38 | Report Abuse

Up is the only direction from now

Posted by Maridien2 > 2021-09-28 11:39 | Report Abuse

WTF shorties not doing their job? I am still waiting for my dividend to buy more. Please don't go up lah.

Posted by oskchoon > 2021-09-28 11:40 | Report Abuse

Big shorties are desperate to buy back Supermax shares even at RM 3.40 to RM 3.50 to cover the borrowed shares, once ppl stop selling, immediately Supermax price rebound very quickly until it reaches Supermax TP price of RM RM 3.15...

Posted by DJoker89 > 2021-09-28 11:40 | Report Abuse

Still waiting 2.01

Looks like it won't come..... :(

Posted by Maridien2 > 2021-09-28 11:42 | Report Abuse

Maybe shorties know people will buy using their dividend so purposely let price go up. They one day don't short also die one u know.

Posted by Benhobenhobenho > 2021-09-28 11:44 | Report Abuse

The IBs n the so called expert analysts seemed to know glove biz better than the glove bosses. They even know the future of the glove biz that they can predict many years from now, what a joke!!

Posted by casanwk > 2021-09-28 11:44 | Report Abuse

Waiting 226 & 227

Posted by Maridien2 > 2021-09-28 11:46 | Report Abuse

Now all diamond hands, see how the bustard shorties collect back. The lower the press down, the more diamond hands buy haha.

Posted by Benhobenhobenho > 2021-09-28 11:49 | Report Abuse

If the so called experts analysts n IBs gave TP of 8, 9 or even above 10rm for Supermax last year, why is it they are lowering the TP so much to 2.20 n one even gave 1.68 for TG. Why so much different from last year or are they just bullshitting