Posted by pjseow > 2021-10-24 17:11 | Report Abuse

Although US government hypocritically advocates rule of laws, human rights and innocence until proven guilty, in actual facts they did the reverse. In the name of national security or forced labour , they will accuse you that you are guilty without having to prove it. It is up to the accused or victim to prove themselves innocence . The Bans by CBP is a classic examples . The CBP will ban and detain your goods without giving any proofs. The company or victim has to find out from CBP what are the accusations and CBP.do not need to prove whether the accussations are true or not.
It just take one person like Andy Hall to bad mouth your company., you had it. The victim has to prove innocence by hiring auditors and show proof that they are innocence.
Another example was the detention of Meng Wan.Zhou. It just take HSBC to give a wrong.information , Meng was detained for 1028 days. She need to hire a few lawyers and spent tens of millions to prove her innocence. She was finally released only with pressure from rhe Chinese government.
The recent bans by CBP on.topglove , supermx , FGV and others are political .
The Banning of Xinjiang cottons in the name of forced labour was also political. Fortunately ,the patriotic Chinese citizens retaliated and gave a hard time to.US companies by boycotting their goods. Unfortunately , many M alaysians behave otherwise and seems to be.happy with CBP.actions. because of their selfish gains which they intend to make.
Shame on these peoples.

Posted by Start_0f_the_bull > 2021-10-24 17:26 | Report Abuse

MM, alleged 'forced labour' produced gloves are banned from import to US.
What about tens of millions of filthy, used medical gloves imported into the US. Is it OK or not? Supermax's fault?

Posted by pjseow > 2021-10-24 17:57 | Report Abuse

Nike had much worst forced labour issue . Have you ever heard Nike shoes.were banned in.US ?


https://www.newidea.com.au/nike-sweatshops-the-truth-about-the-nike-factory-scandal

Posted by GlovesOff > 2021-10-24 18:17 | Report Abuse

This is when you should sell (May 29) and not cry like a baby now boohooo
**************
https://www.reuters.com/world/asia-pacific/us-probes-two-malaysian-glove-makers-over-forced-labour-allegations-report-2021-05-29/

Posted by GlovesOff > 2021-10-24 18:19 | Report Abuse

You want mogok go Dec agm mogok la . Dont use US goods la . Type so long . Just hot air . Win or lose money ?

Posted by GlovesOff > 2021-10-24 18:20 | Report Abuse

All so smarty pants in May say no biggie la .

Now avg down w bigger losses dai lan see

Eat humble pie & respect the market

Posted by Keyman188 > 2021-10-24 18:29 | Report Abuse

Aiyo...Nike buat dari mana!!!...

Glove buat dari mana!!!...

so simple perception pun tak faham kee!!!...


wkwkwk...kekeke...hehehe...



Posted by pjseow > Oct 24, 2021 5:57 PM | Report Abuse 

Nike had much worst forced labour issue . Have you ever heard Nike shoes.were banned in.US ?

Posted by pjseow > 2021-10-24 18:47 | Report Abuse

Both Harta and Supermx replied in end.May that they complied with ESG.requirements.
-------------------------
https://klse.i3investor.com/blogs/savemalaysia/2021-05-31-story-h1565982876-Malaysian_glove_makers_pledge_full_compliance_to_ESG_practice.jsp

Posted by Keyman188 > 2021-10-24 18:52 | Report Abuse

The more traders defend...the more share price drop...


The more you talk...the more share price drop...


The more you promote...the more share price drop...


The more you leverage down...the more you painful...


Next week no doubt will dip below 2.00...


Latest TP revision...


TA Sec - RM 1.43


MIDF - RM 1.67


AffinHwang - RM 1.70


So all waiting JP Morgan latest review...


Shall need patiently waiting until 1.00 for those still considering your long haul...



Amboi...Kesian...




wkwkwk...kekeke...hehehe...

Posted by GlovesOff > 2021-10-24 18:57 | Report Abuse

Kesian pjseow biggest waterfish retailer always believe what is written

Enjoy your declining Q every quarter from now (and divy)... asylum for years...

Posted by GlovesOff > 2021-10-24 18:59 | Report Abuse

Any comfort - dsst bigger PPL -110M than yours (reluctance in sbb)

He has billions, do you?

No wonder you need promote long2 la

Posted by GlovesOff > 2021-10-24 19:01 | Report Abuse

Pjseow will use 2020 IB reports HAHA

Better use la IPO prospectus
*************
Latest TP revision...

TA Sec - RM 1.43
MIDF - RM 1.67
AffinHwang - RM 1.70

Posted by pjseow > 2021-10-24 19:17 | Report Abuse

Do you mean gloves made in.Malaysia are subjected to CBP.ban but not shoes made in.Bangladesh, Myammar, Thailand Indonesia or Vietnam ? So your Kossan may be next CBP.target because Kossan gloves also.made in.Malaysia ?

---------------------
Keyman188 Aiyo...Nike buat dari mana!!!...

Glove buat dari mana!!!...

so simple perception pun tak faham kee!!!...


wkwkwk...kekeke...hehehe

Posted by CoolBull > 2021-10-24 19:30 | Report Abuse

Malaysia not fully safe from covid

https://www.nst.com.my/news/nation/2021/10/738052/malaysia-not-fully-safe-covid

So, better not be going around feeling so exuberant & overconfident yet, guys

Posted by CoolBull > 2021-10-24 19:31 | Report Abuse

Supermax can use capital to expand in other sites if US factory project is cancelled

Posted by CoolBull > 2021-10-24 19:32 | Report Abuse

living with covid does not mean everybody forgetting about safety health precautionary preventive measures including stringent restrictions, appropriate ppe, tight sop etc.

living with covid does not mean everybody freely & deliberately exposing themselves to the risk of getting covid, that would just be surefire recipe for another disaster

Posted by Beautyseeker > Oct 18, 2021 2:08 PM | Report Abuse

We need to live with it already

Posted by CoolBull > 2021-10-24 19:33 | Report Abuse

covid not gonna disappear completely so fast yet just from high vaxxing rate

OTOH, if govt & rakyat get excessively overconfident from temporary reduction in daily cases & both sides drop their guard, covid could quite easily make another upsurge

as has indeed actually happened in US, UK, Israel, Singapore, Russia

this is neither a threat, nor a scare story, but a friendly, brotherly, realistic, responsible, adult reminder

Posted by CoolBull > 2021-10-24 19:35 | Report Abuse

yep, mercator is only a small player with a big name, nothing like malaysian Gloves Big 4

Posted by pjseow > Oct 19, 2021 8:49 AM | Report Abuse

The small player like mercator with only 3 to 4 billions capacity will not survive with the ASP coming down to normalised state. Those new comers which havent even.started production will also vanish . They just cant compete when they need to borrow to put up the capacity, do not have the economy of scale., steep.learning curve and and has yet to build up customer relationship. All these factors are detrimental to their survivals.

Posted by MoneyMakers > 2021-10-24 20:09 | Report Abuse

Walao soo many IBs alrdy cut TP below 2.0..like this mybe can see IB TP below 1.0 when QR out

Posted by Keyman188 > 2021-10-24 20:38 | Report Abuse

Aiya...in the stock market...anything can happen...

Old man always say...not afford to lose (输不起)...better don't bet...

Not like the dog keep on barking...keep on begging help to save your losses...



wkwkwk...kekeke...hehehe...




Posted by pjseow > Oct 24, 2021 7:17 PM | Report Abuse 

Do you mean gloves made in.Malaysia are subjected to CBP.ban but not shoes made in.Bangladesh, Myammar, Thailand Indonesia or Vietnam ? So your Kossan may be next CBP.target because Kossan gloves also.made in.Malaysia ?

Posted by Keyman188 > 2021-10-24 20:41 | Report Abuse

Keyman188 very sincere...very welcome you come to Kossan forum to press it until 1.00 ..


Keyman188 sure thankful you...



wkwkwk...kekeke...hehehe...



Posted by pjseow > Oct 24, 2021 7:17 PM | Report Abuse 

Do you mean gloves made in.Malaysia are subjected to CBP.ban but not shoes made in.Bangladesh, Myammar, Thailand Indonesia or Vietnam ? So your Kossan may be next CBP.target because Kossan gloves also.made in.Malaysia ?

Posted by Start_0f_the_bull > 2021-10-24 21:02 | Report Abuse

Maybe he thinks that Kossan is a different animal and if Supermax and other gloves counters price dives Kossan price will be up instead.
Let's see.

Posted by Starship2 > 2021-10-24 21:11 | Report Abuse

If we look at how TopGlov responded to the issue, you will see that there were labour issues involved...7 or 8 of them ..if i recall correctly...Pl google to see what they are..This company tackled the issue smartly by highlighting to the public periodically which of the many criteria on labour issues it had fulfilled and which it did not...they did not fight back...very impressive...once fulfilled , they were back in favour.

Posted by Start_0f_the_bull > 2021-10-24 21:50 | Report Abuse

The way I see it among the big4 gloves makers, TG, Harta and Kossan are better managed compared to the rest.

Posted by Keyman188 > 2021-10-24 21:56 | Report Abuse

Kossan' boss very real can view at media...

Definitely very low profile to manage future growth...



wkwkwk...kekeke...hehehe...

Posted by Trade in Peace > 2021-10-24 22:00 | Report Abuse

To be safe, in only after passing brown line
https://www.youtube.com/watch?v=YIuGuAxo9YQ

Posted by Jason85 > 2021-10-24 22:05 | Report Abuse

Buy with confidence

Posted by ThePowerOfGlove > 2021-10-24 22:10 | 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 > 2021-10-24 22:11 | Report Abuse

RSS shorting is destructive & damaging to Bursa

Posted by ThePowerOfGlove > 2021-10-24 22:11 | Report Abuse

That is why RSS shorting gang gonna be banned soon

Posted by ThePowerOfGlove > 2021-10-24 22:12 | Report Abuse

RSS shorting does not produce any real tangible positive benefit to Bursa at all

Posted by ThePowerOfGlove > 2021-10-24 22:13 | Report Abuse

So, no reason at all for RSS shorting to be allowed to continue

Posted by ThePowerOfGlove > 2021-10-24 22:13 | Report Abuse

RSS shorting not gonna last for very long more under new administration, gonna be banned soon, if not under pm9 then under pm10

Posted by ThePowerOfGlove > 2021-10-24 22:13 | Report Abuse

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

Lagi they already donated RM400 million to Malaysian govt last year for fighting covid

So Malaysian govt very sayang sama Gloves Big 4 & 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 > 2021-10-24 22:14 | Report Abuse

shorting gang are not really concerned at all about us losing our money, that line of talk is just simply their complete bullkrapping

they're really only concerned with themselves losing their money, when their desperate pathetic bullkrapping fearmongering does not work on us any more & they fail to drag down the stock price further

Posted by ThePowerOfGlove > 2021-10-24 22:14 | Report Abuse

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

Posted by oskchoon > 2021-10-24 22:32 | Report Abuse

So many research houses have put new TP prices for Supermax, it means the Glove business is still feasible and profitable for at least few more years..

Posted by oskchoon > 2021-10-24 22:34 | Report Abuse

Smart ppl will not sell their Glove counters share holdings unless all the research houses stop covering top 7 Glove counters, so ppl won't care about CBO or ILO complaining to USA government against Malaysian glove company..

Posted by Maridien2 > 2021-10-24 22:38 | Report Abuse

China's latest COVID-19 outbreak is increasingly likely to spread further, a health official said on Sunday (Oct 24), as authorities urged all regions to step up monitoring and called for a reduction in travel across provinces.

https://www.channelnewsasia.com/asia/china-covid19-cases-outbreak-beijing-2265076

Posted by Maridien2 > 2021-10-24 23:10 | Report Abuse

Germany's COVID-19 infections at highest since mid-May

BERLIN: Germany on Saturday (Oct 23) recorded the highest incidence of coronavirus infections since mid-May, reaching the threshold of 100 cases per 100,000 in the past seven days that used to be the yardstick for imposing a strict lockdown.

https://www.channelnewsasia.com/world/germany-covid-19-infection-highest-may-vaccination-2263872

Posted by MoneyMakers > 2021-10-24 23:10 |

Post removed.Why?

Posted by MoneyMakers > 2021-10-24 23:13 | Report Abuse

At very least, MY glove will lose position as largest glove producer..very tough biz environment forward with low profit margin

Posted by Maridien2 > 2021-10-24 23:16 | Report Abuse

LOL got which business sector not tough unless fully monopoly by 1 or 2 companies. Hell even those monopoly companies like MAS and AA losing money before covid.

Posted by Benhobenhobenho > 2021-10-24 23:21 | Report Abuse

https://www.nst.com.my/world/world/2021/10/739079/germanys-covid-rate-hits-highest-level-may

Posted by MoneyMakers > 2021-10-24 23:31 | Report Abuse

Aiyoyo not to say glove biz is toughest biz

Point is future glove biz will be tougher than prepandemic time..meaning ASP/profit/share price may be worse than prepandemic time

Posted by MoneyMakers > 2021-10-24 23:32 | Report Abuse

Really sien need spoonfeed these strawberry..narrow-minded cannot see bigger picture

Posted by FortuneBlooming > 2021-10-25 00:25 | Report Abuse

Jumping into full opening up & loosening up when daily cases are still on 4 digits is not such a good idea

Posted by FortuneBlooming > 2021-10-25 00:25 | Report Abuse

Israel went back up from 16 cases per day to 10,000 cases per day in less than 6 months after full opening up & loosening up

Posted by FortuneBlooming > 2021-10-25 00:27 | Report Abuse

We need to always maintain stringent restrictions, keep strict safety health precautionary preventive measures including use of appropriate ppe at all times by frontliners especially, strict sop etc.

Posted by FortuneBlooming > 2021-10-25 00:30 | Report Abuse

Malaysians are not invincible

just like Americans, Brits, Israelis & Singaporeans are not invincible