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

Burn the shorties

Posted by Bullrunrun > 2021-01-20 09:27 | Report Abuse

Waiting to buy below rm 4.00
Cannot get

Posted by HrryPttr > 2021-01-20 09:31 | Report Abuse

I wait below 2

Posted by MrGlover > 2021-01-20 09:35 | Report Abuse

Are there still short selling in morning trade so far? Wondering if they are starting to cover.

Posted by mita29 > 2021-01-20 09:45 | Report Abuse

I read on TG forum They have covered 3 millions yesterday but total net short still increases by 0.2%.

Posted by MrGlover > 2021-01-20 10:04 | Report Abuse

Good news if they are starting to buy back from now. :)

Posted by Ron90 > 2021-01-20 10:13 | Report Abuse

i am expecting the at current price, shorties now at break even, after shorting loss from first week, profits on second week..if, Kossan drop below 4.00 than they would make profits all the wayy... remember last week they already short kossan above 4.50 !

Posted by noobinvestor98 > 2021-01-20 10:17 | Report Abuse

thanks for the advices, but i think gloves companies are the ones with exponential bombastic growth in Bursa now. I think I'll enter once the price hits JP Morgan TP

Posted by MrGlover > 2021-01-20 10:22 | Report Abuse

@noobinvestor98 Doubt it will get anywhere near JPM TP. We have seen buyback yesterday itself. Watch for the signal, once confirmed buy back, risk reward would be good.

Posted by 5c0160 > 2021-01-20 10:32 | Report Abuse

Hopeless.

Posted by mita29 > 2021-01-20 10:35 | Report Abuse

5c0160 where is my RM 3.7, short more, I'm parking at 3.85 now

Posted by MrGlover > 2021-01-20 10:50 | Report Abuse

Their average short price yesterday was 4.16. Hold tight, don't sell your tickets for them to profit :p

Posted by beginner > 2021-01-20 10:53 | Report Abuse

ignore all the noises and play mid to long term, profits already locked for the whole year 2021, good dividend ahead. the winning chance is high, the price will slowly recovering with each qr reporting higher and higher eps while other sectors are downtrend, by then more & more will return to gloves when others can't give them good dividend

Posted by GoodBoy > 2021-01-20 11:00 | Report Abuse

RSS volumes for today from 9:00 am to 11:00 am are as follows ... Kossan 272,100 shares, Hartalega 374,500 shares, TopGlove 521,400 shares, SuperMax 0 ...

Posted by SteadyT > 2021-01-20 11:01 | Report Abuse

Someone keep buying at 4.10 and at the same time someone keep stacking up the short sell on 4.10

Posted by Allantanks > 2021-01-20 11:06 | Report Abuse

Shortie losing

Posted by Allantanks > 2021-01-20 11:06 | Report Abuse

That's y they blocking and not attacking

Posted by beginner > 2021-01-20 11:20 | Report Abuse

shorties will try to buy slowly to recover back the shares with the lowest price possible, so as long as very few willing to sell at their asking price then they will slowly leveling up the price till the point people willing to let go. so no rush to sell now with low price, they still have 56m to recover for kossan, and everyday they are bleeding with the interest, so just continue hold now till at least you see the massive drop on the net short sell vol. you lose nothing when holding, but we knew shorties are working on the clock due to interest, so we have time advantage and should play mid to long term with them

Posted by linheng > 2021-01-20 11:21 | Report Abuse

Asshole keep big roadblock at 4.10. You match the transaction with the RSS volume when one of your friends buy. The block belong to him

Posted by MrGlover > 2021-01-20 11:22 | Report Abuse

@Allantanks Not exactly losing. Their average from yesterday was 4.16. All should hold, don't sell your tickets cheap :)

Posted by Allantanks > 2021-01-20 11:53 | Report Abuse

They are losing.

Posted by Allantanks > 2021-01-20 11:54 | Report Abuse

We just need to hold. Need not even attack.

Posted by Allantanks > 2021-01-20 11:56 | Report Abuse

Or anyone here can justify earning pat up 5 to10x, share price up 100 percent only with super duper low pe. If that is the case, I doubt Even tesla will be a penny stock in Malaysia.

Posted by Allantanks > 2021-01-20 11:58 | Report Abuse

Imagine the dividen. Every 2 years there will be a rally. And hitting fibo ext at 2 to 3. If u wait it go back RM2 u expect heirs earning will go back too. All things have values.

Posted by Ron90 > 2021-01-20 12:18 | Report Abuse

SteadyT Someone keep buying at 4.10 and at the same time someone keep stacking up the short sell on 4.10
=======
while at Harta, blockage at 12.24.. 2 times already almost gone buy big buyer, perhaps on the 3rd time.. all the way to 13.00..hehe

Its possible that the shorties themself buying back at this level..coz..no more bad news to pull down gloves counters..infact vitrus varieant makes the vaccine looks futile endaveour for long term protection..

Posted by GoodBoy > 2021-01-20 12:37 | Report Abuse

Those syndicates could be waiting for a full blown demonstration or confrontation between Trump supporters n Biden supporters during Biden's inauguration tonight (20/01/2021) as the new President of USA ... In case the incident turn out ugly, civil unrest in USA could cause uncertainty in financial markets worldwide ... Syndicates would use RSS to attack gloves counters to achieve their target ...

Posted by GoodBoy > 2021-01-20 12:39 | Report Abuse

RSS volumes for today from 9:00 am to 12:30 pm are as follows ... Kossan 464,300 shares, Hartalega 650,500 shares, TopGlove 728,800 shares, SuperMax 0 ...

Posted by stockraider > 2021-01-20 12:40 | Report Abuse

Price Chart prevails - Koon Yew Yin
Author: Koon Yew Yin | Publish date: Wed, 20 Jan 2021, 11:18 AM

Since the Covid 19 pandemic began the demand for gloves far exceeds supply. As a result, all the glove makers can eaily increase their selling prices to make more and more profit which should be reflected on their share prices. Initially all their share prices went up. Unfortunately, for no good reason, their share prices have been dropping in the last few months. This phenomena is so rediculous.

Supermax’s 1st quarter ending September EPS was 39.58 sen. Its prevoius quarter ending June was only 15.19 sen. It made 100% more profit. Its 2nd quarter ending December should be another new record profit which should be announced soon. Among all the glove stocks, Supermax has the best profit growth rate.

Currently Supermax is selling at the projected PE about 3.

I am ashamed to admit my mistake in believing fundamental analysis must eventaully prevail. I believe the truth will set me free and good fundamental will eventualy prevail. As a result, I did not sell my holdings. About 80% of my holding is Supermax and 20% is Top Glove.

I should have sold some of my holdings ealier. Now is too late to sell because each of them has already dropped about 40% from its recent peak.

The price charts for all the 4 leading glove stocks show that they all have been dropping in the last few months despite their excellent fundamental qualities.

Investors must remember that price chart takes preference over fundamtal analysis. You must sell as soon as the price chart is showing a down trend. Never buy a down trending stock even if its fundamental quality is excellent.

Posted by gloveharicut > 2021-01-20 12:51 | Report Abuse

https://klse.i3investor.com/blogs/gloveharicut/2021-01-20-story-h1540065607-GLOVEs_rebound_on_expanded_MCO.jsp

Posted by noobinvestor98 > 2021-01-20 12:56 | Report Abuse

Uncle lost patience..

Posted by MrGlover > 2021-01-20 12:57 | Report Abuse

@GoodBoy Thanks for sharing. Looks like they are still at it, but we don't know how much the buy back. Might be more than 464300.

Posted by Allantanks > 2021-01-20 13:25 | Report Abuse

2nd half will be interesting.

Posted by beginner > 2021-01-20 13:40 | Report Abuse

apparently shorties are sitting on paper loss, even they buy back but then they short back again now. it might be too costly to them to close the short position now

Posted by MrGlover > 2021-01-20 13:47 | Report Abuse

That's the risk of shorting game. Your loss can just grow out of control. There will be a point where they call it and close position at loss. Especially if kena squeeze.

Posted by GoodBoy > 2021-01-20 14:06 | Report Abuse

Good to see everyone is contributing by sharing good information ... Keep it up

Posted by Ron90 > 2021-01-20 14:43 | Report Abuse

Intco Medical already naik by 50% from monday 4/1/2021 priced at $162, now $244.

But here in Malaysia, gloves counter under constant pressure by RSS which don't have shares, just loan with interest, to make the glove stock cheap. Gloves is an international market, not just for local usage.

Posted by MrGlover > 2021-01-20 14:53 | Report Abuse

@Ron90 Wait for boss come squeeze them lo. Don't worry la, not long more to wait, Q result out plus special divvy announcement. Shorties should be covering position soon :)

Posted by Allantanks > 2021-01-20 14:58 | Report Abuse

Since I All Talking ABOUt the interest，anyone know the exact interest they need to pay? Or All Here Blow Water Nia.

Posted by Silentreader88 > 2021-01-20 15:28 | Report Abuse

The worst part following RSS is actually coward panic seller. RSS cannot throw "loaned" units to buy queue. so the problem is panic seller throw their shares at buy que and when the price down 1 bid, RSS will quickly put A LOT units at that sell queue, and panic seller become more panic and continue pushing down the price. Low become lower. This process is until bosses and our kind-hearted IB and sharks collect at low and kill both panic retailer and RSS, then retailer will catch high and sangkut again. This process will be repeating same thing again and again. Most retailer never learn.

Posted by MrGlover > 2021-01-20 15:46 | Report Abuse

Weird that less people buying cheap tickets. Waiting for it to move then chase? :p

Posted by MrGlover > 2021-01-20 15:48 | Report Abuse

Think the shorties will be on net buy position today. Hmm.

Posted by Snowpiercer > 2021-01-20 15:48 | Report Abuse

Glove stocks will be stagnant at best...too much noise.... longer term outlook negative

Posted by MrGlover > 2021-01-20 15:51 | Report Abuse

Shorties not blocking at all

Posted by MrGlover > 2021-01-20 16:04 | Report Abuse

Let's close on a high today please :)

Posted by chshzhd > 2021-01-20 16:13 | Report Abuse

stay cool..

Posted by noobinvestor98 > 2021-01-20 16:19 | Report Abuse

Parked at 4.05, hopefully can match today

Posted by MrGlover > 2021-01-20 16:34 | Report Abuse

@noobinvestor98 Wah, you hoping for the lights out trick at 4.45pm ah :p
So far away, tak boleh la...

Posted by MrGlover > 2021-01-20 16:36 | Report Abuse

If lights out end up go up how? :p

Posted by GoodBoy > 2021-01-20 16:37 | Report Abuse

As long as retailers stay cool, no panic sell, RSS short-selling dare not go for heavy attack ...

Posted by GoodBoy > 2021-01-20 17:03 | Report Abuse

RSS volumes for today are as follows ... Kossan 865,700 shares, Hartalega 1,859,400 shares, TopGlove 2,000,000 shares, SuperMax 0 ...