Posted by dlau8899 > 2021-01-08 17:18 | Report Abuse

From 8.00 to 4.50. Why not buy 4.50 now, going up above 6.00 as soon

Posted by dlau8899 > 2021-01-08 17:20 | Report Abuse

Low PE. May Monday start crazy up 1.00 to 5.50

Posted by WeLoveSarawak > 2021-01-08 17:29 | Report Abuse

pray hard it doesnt gostan next monday

Posted by dompeilee > 2021-01-08 17:29 | Report Abuse

dompeilee Speculatively bought Kossan @ 3.89
05/01/2021 10:00 AM

((= +15% =))

Posted by dlau8899 > 2021-01-08 17:33 | Report Abuse

Good fundamental company with superb quarter result coming. May crazy up again.....

Posted by Bullrunrun > 2021-01-08 19:11 | Report Abuse

Sold at RM4.50
TQ Kossan

Posted by dlau8899 > 2021-01-08 20:06 | Report Abuse

Kossan may Crazy up by next week. Will follow Supermx, harts, topglov crazy up next week, repeat same story with last time.....

Posted by dlau8899 > 2021-01-08 20:08 | Report Abuse

May rebound above 5.00 as soon

Posted by dlau8899 > 2021-01-08 21:12 | Report Abuse

https://www.sinchew.com.my/pad/con/content_2407518.html

Posted by dlau8899 > 2021-01-08 21:13 | Report Abuse

If MCO again, Kossan may go up above 8.00

Posted by dlau8899 > 2021-01-08 21:15 | Report Abuse

JP Morgan this time lost money kaw kaw, if they short glove stock drop

Posted by dlau8899 > 2021-01-08 21:16 | Report Abuse

Very dangerous to play short.....

Posted by Mabel > 2021-01-08 21:39 | Report Abuse

So nice and lovely...

Meow Meow Meow Meow

Posted by john1973_lew > 2021-01-08 21:52 | Report Abuse

rebound.....

Posted by joyvest > 2021-01-08 22:53 | Report Abuse

All short sale players got burnt...they were closing their positions by buying hence triggering more series of buying sprees......

Posted by Kossan > 2021-01-09 00:18 | Report Abuse

Another fatality

https://www.thesun.co.uk/news/13681482/miami-doctor-died-blood-disorder-pfizer-covid-vaccine/

Posted by Kossan > 2021-01-09 00:20 | Report Abuse

Do you know why Pfizer CEO sold his share the moment Pfizervaccine was announced?

https://www.wionews.com/world/norway-investigating-death-of-two-people-who-received-pfizers-coronavirus-vaccine-354716

Posted by Kossan > 2021-01-09 00:21 | Report Abuse

Another

https://www.india.com/news/world/41-year-old-woman-dies-suddenly-two-days-after-getting-pfizer-vaccine-had-no-adverse-side-effects-4309062/

Posted by invest4tomoro > 2021-01-09 00:54 | Report Abuse

https://www.theedgemarkets.com/article/investors-shorted-rm17-billion-worth-shares-big-four-glove-stocks

Posted by witan > 2021-01-09 08:10 | Report Abuse

For those naysayers. Do you guys even know what is SBL??

SBL - Securities Borrowing & Lending

Disposal of 40,000,000 shares (SBL) by Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board.

Those who dont understand, EPF didnt sell 40million TG shares (if it does, it wont appear under SBL).

So basically EPF lend the 40millions to short sellers aka shorties to short. Eventually the shorties will need to return the 40million back to EPF with a fee of course. U need to return something u borrow.

Net2 EPF didnt sold any TG shares plus they earn the fee from the borrower. Win2 situation for EPF.

LIST OF APPROVED BORROWING REPRESENTATIVES FOR SBL:
https://www.bursamalaysia.com/sites/5bb54be15f36ca0af339077a/assets/5d85b5a039fba237a68d7cec/SBLNT-Borrowing-Reps-List-Sept_2019.pdf

Surprise2 JP MORGAN IS THERE (no 6) LOL

So it is a lot clearer now who is the shorties.

The scenario is like this:
EPF lend JP Morgan 40million shares for JP Morgan to short
JP Morgan thinking he can short TG shares to earn money from the market
JP Morgan waiting for panic retailers so they can collect really cheap tickets
JP Morgan already prepare this long time ago by releasing target price of rm3.5 for TG last month.
But alas he never expect EPF, local funds and retailers to be so strong pushing the price up.
EPF also smart collecting more TG shares on 4th of Jan so JP Morgan cant short
EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 6,387,600 shares on 04-Jan-2021.
EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 1,758,900 shares on 04-Jan-2021.

EPF win both sides

The End. RIP shorties

Posted by JuzzyOracle > 2021-01-09 08:25 | Report Abuse

Thanks for the explanation Witan, now I know. The big question is why short a business raking in billions?

Posted by witan > 2021-01-09 08:36 | Report Abuse

SBL, in this case, stands for securities borrowing and lending. This means the provident fund is lending out its Top Glove shares for a fee to investors who intend to short the stock.

https://www.theedgemarkets.com/article/epf-ceases-be-substantial-shareholder-top-glove-after-three-months

Lol smart move by EPF. They know eventually shorties will lose. Easy money for EPF.

These shorties never learn. Why fight vs EPF n TanSri. Confirmed gg hahaha

Posted by Morpheus61 > 2021-01-09 08:37 | Report Abuse

JuzzyOracle, the answer is the CFD's, lovingly termed by the IB as Structured Warrants

Posted by gemfinder > 2021-01-09 09:48 | Report Abuse

https://www.theedgemarkets.com/article/pfizerbiontech-vaccine-appears-effective-against-mutation-new-coronavirus-variants-%E2%80%94-study-0

Posted by gemfinder > 2021-01-09 09:52 |

Post removed.Why?

Posted by UnkleLim > 2021-01-09 10:13 | Report Abuse

Seems like JPM was right. TP3.8 reached. But sorry to say it didn’t stay there for long time. Anyway now we already know the bottom. If you missed, it’s okay. Because upside is a lot more higher.

At 4.5, downside is 0.7. Which is around 15% but if it goes back up to RM5, it’s 10% return. If RM5.5, 20% return. If RM6, it’s 30% return. Average TP was around RM7 to RM8. So ownself think la hehe. UnkleLim think kossan has a lot more upside compare to others.

Posted by investortrader88 > 2021-01-09 10:29 | Report Abuse

Stock: [KOSSAN]: KOSSAN RUBBER INDUSTRIES BHD

Jan 4, 2021 10:00 AM | Report Abuse

done top up at RM 4.00.good luck guys .






:):):)

Posted by michaeso > 2021-01-09 10:33 | Report Abuse

Good luck everyone

Posted by Goldberg > 2021-01-09 11:59 | Report Abuse

https://klse.i3investor.com/blogs/bursainvestments/2021-01-09-story-h1539233535-Gloves_The_Bad_Guy_Loses_From_Time_to_Time.jsp

Posted by JuzzyOracle > 2021-01-09 13:33 | Report Abuse

Morpheus61 Thanks for your explanation. Short a business making billions because of structured warrants? Fascinating. Fun. And profitable. Because of these shorties I have managed to accumulate both Kossan and Top Glove at ridiculously low prices relative to FEPS. Keep on shorting I say!

Posted by Morpheus61 > 2021-01-09 13:36 | Report Abuse

Posted by JuzzyOracle > Jan 9, 2021 1:33 PM | Report Abuse

Morpheus61 Thanks for your explanation. Short a business making billions because of structured warrants? Fascinating. Fun. And profitable. Because of these shorties I have managed to accumulate both Kossan and Top Glove at ridiculously low prices relative to FEPS. Keep on shorting I say!

Haha That's the spirit bro.

Posted by Morpheus61 > 2021-01-09 13:46 | Report Abuse

JussyOracle, here's some dope. If you tally the share prices with the Break-even price for the IB, it will stun you.

I think I’ve figured the Approximate formula to arrive at target prices for the IB’s based on the Warrants.
The formula is:
SP – Settlement Price
CMP – Current Market Price
EP – Exercise Price
ER – Exercise Ratio
• We need to assume the SP (Settlement Price) to be the Issue Price.

Break-even price equation:
CMP = (SP X ER) + EP

Example Top Glove C81 – Recently Expired
SP – 0.15
ER – 5
EP – 5.667
CMP = (0.15 X 5) + 5.667
CMP = RM 6.417
VWAP was RM 6.3466

Settlement Price (SP) was RM 0.1359 instead of RM 0.15(Which was the issue price)

Posted by Kossan > 2021-01-09 15:19 | Report Abuse

Not making up stories but another death

https://www.google.com.my/amp/s/amp.cnn.com/cnn/2021/01/06/health/coronavirus-vaccine-doctor-death/index.html

Posted by Silentreader88 > 2021-01-09 16:18 | Report Abuse

JP Morgan deserves lose. Sabotaged by releasing TP 3.80 LOL. They think they can surpress Super strong FA counter just like that. I hope that EPF and retailers keep collecting to burn JP Morgan further until they left with underwear. Good job Malaysian

Posted by linheng > 2021-01-09 18:28 | Report Abuse

Now we known that EPF lend 40m shares through SBL for some foreign funds for seed ammunition to drive down price of Top Glove (Being Mkt leader in the Glove sector, thus causing the rest of the Glove stock to also go down). EPF is the biggest mutual fund in the country and the funds came from the public who have to made mandatory contributions by Law. No other fund in the country got the amount of shares or diversity of portfolio to cause that kind of carnage that EPF
help create. Remember that the fund holds blue chips and not speculative small cap stocks that can be cornered to create a artificially high price. EPF got a social responsibility to manage our retirement nest and not to engage in such destructive activity. It is also not a good business decision to lend your shares to drive down the value of the assets you are holding. I encourage all EPF members to bring this to the attention of the Trade Unions, the EPF Investment Committee and the Press. This carnage cause so much misery to the small time Investor who hold this stock for the dividend yield. After all TopGlove's dividend yield is going to be way better than EPS's dividend.
09/01/2021 6:27 PM

Posted by BigBladd > 2021-01-09 19:04 | Report Abuse

Sourgrapes

Posted by Allantanks > 2021-01-09 19:06 | Report Abuse

So many counter, I picked kossan. No bad news, low profile, business up, expansion on the way, and unlike supermax and top glove, share price now is only 100 percent up from 2019.
Oversold is a plus point.
Time for serious rebound.

Posted by mf > 2021-01-09 21:14 | Report Abuse

Machang MP withdraws support for PN govt
January 9, 2021 by Surin Murugiah
KUALA LUMPUR (Jan 9): Machang Member of Parliament (MP) Datuk Ahmad Jazlan Yaakub has withdrawn support for the Perikatan Nasional (PN) government.
"I hereby withdraw my support for the Perikatan Nasional government, which is led by [Prime Minister] Tan Sri Muhyiddin Yassin," tweeted the Umno MP today.

Posted by 5c0160 > 2021-01-09 22:36 | Report Abuse

bursa n glove counter finish monday.

Posted by Taeyeon09 > 2021-01-09 22:59 | Report Abuse

Rubbish 5c0160

Posted by STEADYBOMBIBI85 > 2021-01-09 23:06 | Report Abuse

5c0160 why do you say so. pls elaborate.

Posted by Zuliana > 2021-01-10 07:04 | Report Abuse

Will own nothing, and Will be happy.
Remember This.

Posted by freddiehero > 2021-01-10 07:13 | Report Abuse

yes u r happy now..

Posted by mf > 2021-01-10 11:55 | Report Abuse

Muhyiddin hilang majoriti sokongan, perlu menghadap Agong
ZULHISHAM ISAHAK | | 10 Januari 2021
Artikel Penuh : https://www.sinarharian.com.my/article/118381/BERITA/Politik/Muhyiddin-hilang-majoriti-sokongan-perlu-menghadap-Agong
© 2018 Hakcipta Terpelihara Kumpulan Karangkraf

Posted by will75 > 2021-01-10 12:18 |

Post removed.Why?

Posted by moregain > 2021-01-10 13:16 | Report Abuse

Still cheap to collect. Monday chong ah.

Posted by Fundamentaler > 2021-01-10 15:57 | Report Abuse

@will75 ya.. buying force to strong.. they cant bear it.. gg.com

Posted by Silentreader88 > 2021-01-10 17:10 | Report Abuse

Kossan has more upward room to climb compared to other big 4 (RSI still 40).

Posted by Allantanks > 2021-01-10 17:19 | Report Abuse

Shorties have fallen into the ultimate trap. They are going to hangus this time.

Posted by zoizai > 2021-01-10 17:29 | Report Abuse

Shorties will buy back tmr or else they will burn mati. We just eat up all the way. Tmr kossan rm5 above