Posted by Adrian Tan > 2021-09-29 10:52 | Report Abuse

I am really confused or just dumb. Why are there people posting damned negative news here on glove counters. If these counters are not worth investing in, just go find something else to focus on. I don’t believe they are here for their sincerity to help others. To prove they are more knowledgeable than others? Or is this to influence others for their own interests? Why would others entertain their rantings to make it self fulfilling ?

Posted by Ryan83 > 2021-09-29 10:56 | Report Abuse

Next support 2.20/2.25 as worldwide market sentiment very weak

Posted by Habisgl0v3333 > 2021-09-29 10:57 | Report Abuse

To make the price drop and buy cheaper!!!! I was a bear now bull!!! Rebound in cummin

Posted by casanwk > 2021-09-29 10:58 | Report Abuse

Double bottom?
(3 min)

Posted by Brightnessfuture > 2021-09-29 11:03 | Report Abuse

Adrian Tan - i am totally agree your point.

Posted by Start_0f_the_bull > 2021-09-29 11:03 | Report Abuse

Adrian Tan,
Because they are holding some other stocks, not happy that other people buying gloves stocks or holding on to gloves stocks, some have no money to invest. That is the main reason I guess.

Posted by DJoker89 > 2021-09-29 11:03 |

Post removed.Why?

Posted by casanwk > 2021-09-29 11:04 | Report Abuse

Lai lai lai

Posted by DJoker89 > 2021-09-29 11:10 | Report Abuse

Adrian Tan I am really confused or just dumb. Why are there people posting damned negative news here on glove counters. If these counters are not worth investing in, just go find something else to focus on. I don’t believe they are here for their sincerity to help others. To prove they are more knowledgeable than others? Or is this to influence others for their own interests? Why would others entertain their rantings to make it self fulfilling ?
29/09/2021 10:52 AM

-----------

Trust no one in I3, trust your own judgement will do
The rest is just entertainment.

Whatever comment here would not influence the price movement in anyway.

Posted by Start_0f_the_bull > 2021-09-29 11:14 | Report Abuse

Adrian Tan,
Naysayers exists in every counters, not only gloves counters.
The funniest part is some give only negative comments in every counters.

Posted by pjseow > 2021-09-29 11:16 | Report Abuse

Glove makers.need a lot of workers to keep up with rising demands and new expanded capacities.
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https://www.malaymail.com/news/malaysia/2021/09/29/malaysias-glove-industry-appeals-for-foreign-labour-intake/2009214

Posted by Start_0f_the_bull > 2021-09-29 11:33 | Report Abuse

Margma also said Malaysia’s rubber glove producers are facing “intense competition” from China, hence they need to keep capacity up to fulfil orders.
----------------------------------------
Fulfill orders to fight for gloves price or quantity? Is there anyone can help to explain this?

Posted by MoneyMakers > 2021-09-29 11:35 | Report Abuse

Even if only post (+) glove news wont help price go up

Past 2-3 months every ‘bad’ news got flagged/removed by desperate glovers yet price keep dropping until now only 2.3

Posted by MoneyMakers > 2021-09-29 11:35 |

Post removed.Why?

Posted by MoneyMakers > 2021-09-29 11:35 | Report Abuse

This is place to share all info..censorship only prevent people making informed decision

i3/flagger is partly responsible for investor huge losses @ 30% loss in 3 weeks & 50%++ loss in 3 months

Posted by MoneyMakers > 2021-09-29 11:50 | Report Abuse

Price is determined by fundamentals which is known very2 bad right now

Should’ve exit earlier - even 3weeks ago could’ve saved 30% but prob swayed by forumers here to hodl for no good reason

Market says gdbye & leave glovers behind..feel free to hodl all the way down to 65sen (original price)

Posted by munfatt2000 > 2021-09-29 11:52 | 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

28th 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 munfatt2000 > 2021-09-29 11:53 | Report Abuse

supermax good record - profit for 20yrs

supermax Jun 21 - NTA RM 1.82

CASH IN HAND RM 1.40

EPS FY 2021 RM 1.46

DPS FY 2021 RM 0.3180

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

got holding power, grab more cheap ticket from shorties.

Posted by ThePowerOfGlove > 2021-09-29 11:55 | Report Abuse

shorting gang losing power

Posted by ThePowerOfGlove > 2021-09-29 11:55 | Report Abuse

shorting gang running out of gas

Posted by ThePowerOfGlove > 2021-09-29 11:56 | Report Abuse

shorting gang running out of desperate pathetic scare stories

Posted by Habisgl0v3333 > 2021-09-29 11:56 | Report Abuse

Rebound is imminent! Will only go up from here

Posted by ThePowerOfGlove > 2021-09-29 11:56 | 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 > 2021-09-29 11:58 | Report Abuse

singapore covid-19 cases just hit record 1,939 cases per day on sunday

Posted by ThePowerOfGlove > 2021-09-29 11:58 | Report Abuse

high vaxxing rate alone not gonna bring covid under control, vaxxing needs to be combined & integrated with restrictions, good healthcare preventive measures & precautions, use of ppe, tight sop etc.

even highly vaxxed singapore struggling hard to manage covid now

Posted by ThePowerOfGlove > 2021-09-29 11:59 | Report Abuse

only wackos, nuthedds, crackos & stuppidos still believe that covid-19 gonna disappear completely in one month, just with high vaxxing rate alone

Posted by ThePowerOfGlove > 2021-09-29 11:59 | Report Abuse

shorting gang spend every hour of their life awake dissing gloves, badmouthing gloves, attacking gloves, talking gloves down, in order to drag glove stock price down further

Posted by ThePowerOfGlove > 2021-09-29 11:59 | Report Abuse

That is why RSS shorting gang gonna be banned soon

Posted by ThePowerOfGlove > 2021-09-29 12:00 | Report Abuse

RSS ban in the pipeline

Posted by ThePowerOfGlove > 2021-09-29 12:00 | Report Abuse

New amendments to economic/finance policies leaning toward strategies positive for Bursa resurgence, including banning of RSS

Posted by ThePowerOfGlove > 2021-09-29 12:01 | Report Abuse

RSS is destructive & damaging to Bursa

Posted by ThePowerOfGlove > 2021-09-29 12:01 | Report Abuse

Gloves Big 4 are collectively a significant source of tax revenue for govt of Malaysia

So govt will be defending the interests of Gloves Big 4 & also other glove firms in general, including defending their stocks from the indiscriminate attacks & destruction & devastation from RSS shorting gang

Posted by ThePowerOfGlove > 2021-09-29 12:02 | Report Abuse

RSS shorting gang are not really concerned about us losing our money

They're actually only concerned about themselves losing their money, when their scaremongering job doesn't work on us anymore & they fail to drag the stock price down further

Posted by ThePowerOfGlove > 2021-09-29 12:03 | Report Abuse

So, once suspended, RSS should not be reinstated, until Bursa is in crazy gila insane hyperbull mode again

Posted by ThePowerOfGlove > 2021-09-29 12:05 | Report Abuse

singapore covid-19 cases just hit record high 1,939 cases per day on sunday

Posted by pjseow > 2021-09-29 12:06 | Report Abuse

MM , Supermx has just made record profits of 3.815 billions in FY2021 with an EPS of 140 sen . It has a nett cash in hand of 3.5 billions or RM 1.3 per share. FY 2021 Dividend yield is also 14 %. Nett profit margin of FY 2021 was more than 50 %. The current PE Ratio is only 1.66 . This fundamental is the best in Bursa. Name me one company which has such.good fundamental .
Dont BS .
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MoneyMakers Price is determined by fundamentals which is known very2 bad right now

Posted by ThePowerOfGlove > 2021-09-29 12:06 | Report Abuse

high vaxxing rate alone not gonna bring covid under control, vaxxing needs to be combined & integrated with restrictions, good healthcare preventive measures & precautions, use of ppe, tight sop etc.

even highly vaxxed singapore struggling hard to manage covid now

Posted by ThePowerOfGlove > 2021-09-29 12:06 | Report Abuse

only wackos, nuthedds, crackos & stuppidos still believe that covid-19 gonna disappear completely in one month, just with high vaxxing rate alone

Posted by Plantermen > 2021-09-29 12:08 | Report Abuse

Pandemic changed to endemic

Posted by Habisgl0v3333 > 2021-09-29 12:14 | Report Abuse

Glove no habis! Glove just started!

Posted by ThePowerOfGlove > 2021-09-29 12:16 | Report Abuse

'pandemic change to endemic' is just bullkrap gagal talking from kerajaan kabinet gagal #1 & kerajaan kabinet gagal #2

Posted by MoneyMakers > 2021-09-29 12:39 | Report Abuse

Jeng3 1 day left until friday TG xdate exodus..should be nice red show..no one will want to hold share @ future less than 5sen div

Posted by Starship2 > 2021-09-29 12:48 | Report Abuse

Supermx has many advantages..huge size that gives economiies of scale, its own distribution channels,its using own brand besides that of others, factories in places like the US and Canada. It is also likely to be more stable if the trade war between the US and China escalates. Lastly, glove use is likely to continue eventhough ASP may drop from unreasonably high levels reached recently..due to the pandemic..

Posted by MoneyMakers > 2021-09-29 14:08 | Report Abuse

All those advantage alrdy exist b4 pandemic when share price only 65sen

Nothing change..only demand up but easily offset by oversupply

Posted by pjseow > 2021-09-29 14:35 | Report Abuse

MM, Supermx pre pandemic FY 2019

Cash : Nett debt 250 million
Capacity : 22 billion p.a
Nett margin 8.5 %
PAT : 124.Millions
Business model : OEM 30 % , many.middlemen like dealers , agents ,

FY2021
Cash : Nett cash 3.5 billions
Capacity : 36 billions
Nett Margin : 55 %
PAT : 3815 millions
Business model.: OEM.2 % , no middlemen like agents and dealers , 58.% sell direct to.final customers and 40 % to independent.distributors.

There is a world of difference

Posted by munfatt2000 > 2021-09-29 14:51 | Report Abuse

shorties won't want to hear any good news or good point of supermax

what they want just ur cheap cheap ticket

so don't sell ur ticket to shorties at this price

good news of supermax, will make MM loss big

Posted by Benhobenhobenho > 2021-09-29 15:02 | Report Abuse

https://www.freemalaysiatoday.com/category/nation/2021/09/29/record-2236-new-covid-19-cases-in-singapore/

Posted by ToneeFa > 2021-09-29 15:25 |

Post removed.Why?

Posted by MoneyMakers > 2021-09-29 15:26 | Report Abuse

Aiyoyo no use comparing FY2019 to FY2021 (supernatural year)

Future margin/PAT/EPS/ASP will all revert back to FY2019 level..nothing change

Posted by MoneyMakers > 2021-09-29 15:30 | Report Abuse

Thats why pjseow always horrendously wrong..using 2020 investor briefing to estimate 2021 share price is totally absurd