Posted by STEADYBOMBIBI85 > 2021-01-24 01:07 | Report Abuse

Next week continue up ?

Posted by linheng > 2021-01-24 06:22 | Report Abuse

https://www.cnbc.com/2021/01/21/dr-fauci-says-covid-vaccines-appear-to-be-less-effective-against-some-new-strains.html

Posted by MrGlover > 2021-01-24 07:52 | Report Abuse

Get bullets ready! If shorties still try to deny our bull run, we punish them kaw kaw! :)

Posted by UnkleLim > 2021-01-24 09:34 | Report Abuse

The main reason for them to push down the price is saying ASP will be getting wearier from 1H2021 onwards.

Five more months to go. You guys really think ASP will be getting weaker by that time? UnkleLim don’t think so.

Posted by linheng > 2021-01-24 12:32 | Report Abuse

TopGlove latest presentation to Investors last Friday. Waiting time 300 days. Got to pay 20% deposit. You think ASP will go down so soon?

Posted by chshzhd > 2021-01-24 14:18 | Report Abuse

keep cool ..

Posted by jeremylin > 2021-01-24 15:26 | Report Abuse

Total economy lockdown..glove company allowed to open?

Posted by mh87 > 2021-01-24 15:30 | Report Abuse

I don't think it will 'TOTAL SHUTDOWN'

Essential biz should be running as usual with strict SOP.

If total shutdown, then Bursa will be worst than last year.

Posted by TRYLUCK88 > 2021-01-24 16:34 | Report Abuse

if kossan order is booked until end 2021, it means the price n deposit has been paid until 2021. no way the price can go lower until end 2021 n definitely there is an upwards revision asp clause for these bookings.
moreover, the immediate order asp has been always much higher than exstg booked order. not much allocation left.

Posted by beginner > 2021-01-24 16:38 | Report Abuse

The news is get is after 4 Feb is cases still remain 3 to 4k, full mco will be imposed. If this happens, sky is the limit to all gloves. Many will rush in to buy back gloves counters

Posted by beginner > 2021-01-24 16:41 | Report Abuse

KUALA LUMPUR, Jan 24 — Putrajaya is set to announce a total economic shutdown after February 4, should the number of Covid-19 cases in the nation continue to not show any improvement, the EU-Malaysia Chamber of Commerce and Industry (Eurocham Malaysia) said in a letter issued to its members.


https://www.malaymail.com/news/malaysia/202...-dont-i/1943475

Posted by MrGlover > 2021-01-24 17:28 | Report Abuse

Yeap, those foolish enough to sell now, by all means, am sure there will be a huge queue to snap up whatever you have! :?p

Posted by beginner > 2021-01-24 17:35 | Report Abuse

Shorties very likely rush in to buy back tomorrow, LU

Posted by Ron90 > 2021-01-24 18:05 | Report Abuse

of coz la not all shut diwn but majority, and that will sure affect their performane, qr reports, etc.. sure red sea tomorrow.. Kossan still laggared, an buy anything below 4.20

Posted by Silentreader88 > 2021-01-24 19:11 | Report Abuse

Yes Kossan is the most laggard among other 3. so most upside room

Posted by I3invest0r > 2021-01-24 19:56 | Report Abuse

https://www.youtube.com/watch?reload=9&v=kvZLCpAubRk&t=6979s

Posted by STEADYBOMBIBI85 > 2021-01-24 22:33 | Report Abuse

Eurocham: No mention of lockdown after Feb 4 in meeting with Miti

https://www.thestar.com.my/news/nation/2021/01/24/eurocham-no-mention-of-lockdown-after-feb-4-in-meeting-with-miti#.YA1_G6wITnI.whatsapp

Posted by Allantanks > 2021-01-24 23:33 | Report Abuse

H. O. S. E. H.

Posted by eddie1884 > 2021-01-25 01:07 | Report Abuse

The fact that the Gov did not deny the report and instead telling Eurocham to issue denial is proof of the matter. If Gov say no, but implement it later it will be akin to flip flop instruction. Looking at current MCO implementation, if the Gov maintain as it is the cases will not fall. People can literally travel inter district without any problem shows that current MCO is not really strict at all.

Hence, the chances of full lockdown is more likely to happen whether Eurocham leak the news or not because current MCO is just not working. Today cases still hovering above 3000. Anyone think that it will go down to double digit comes 4th Feb ? Big dream.

Not all manufacturing will be closed fully though. Those considered as essential will remain open. Some peeps say that Glove factory will be closed like any other manufacturing are just dumb as nuts. Glove is the main PPE in fight of this virus. Whole world needs it. And Gov also need the tax from these glove titans to fund the fight against the virus economic impact.

If gloves factory are asked to close, imagine the ASP, it will go up and glove makers will have even longer fulfilling order period to meet the backlog and new incoming order from USA. It will spill over 2023, just on back order alone already 500days++.

It will have potential repeat of V curve for two simple reason.
1. The share price down so much and is so cheap - based on EPS and also the fact the previous bonus split making it more affordable to own.
2. The gloves stellar performance and almost confirm profit and dividend payout is very attractive to fund manager and retailers alike.

Big ang pau coming CNY.

Happy hunting.

Posted by drgondrong > 2021-01-25 07:54 | Report Abuse

There is nothing weird with the stricter lockdown issue. That is common sense. If remains uncontrolled, gov certainly meed to do something more effective

Posted by Plantermen > 2021-01-25 08:02 | Report Abuse

MITI or MOH cannot implement a lockdown. PM is the one to decide. Euro cham head later issued another clarification. He said this warning was issued to raise awareness and seek cooperation among members to control the pandemic to avoid another MCO. Manufacturing and construction sites are the main clusters

Posted by MrGlover > 2021-01-25 08:20 | Report Abuse

Are you ready for exciting times ahead? Good luck guys. Hope you get your tickets! :)

Posted by linheng > 2021-01-25 08:39 | Report Abuse

Prison also big cluster. Close down Prison. What about Place of worship. Think is more about enforcing the SOP and providing accurate and reliable test for the worker.

Posted by gloveharicut > 2021-01-25 09:16 | Report Abuse

CIMB: FREIGHT is trading at a 60.9% & 30.8% discount to its local & regional peers
https://klse.i3investor.com/m/blog/gloveharicut/2021-01-25-story-h1540129161-CIMB_FREIGHT_is_trading_at_a_60_9_30_8_discount_to_its_local_regional_p.jsp

Posted by Kossan > 2021-01-25 09:28 | Report Abuse

Another death
Death due to vaccine or otherwise?

https://www.google.com.my/amp/s/www.thesun.co.uk/news/13837236/covid-vaccine-californian-dies-hours-after-receiving-jab/amp/

Posted by linheng > 2021-01-25 09:42 | Report Abuse

Glove counter price is up. No point countering the naysayers. They are only waiting anxiously for a lower entry level. They actually love Glove counters inspire of all the negative comments. They have no effect on their price movements. Just remember to write an email to EPF condemning their RSS lending activity. Throw stone at own feet or taking planks from your wooden house to cook a meal. Put it in whichever way you want. You have the right as a EPF member. They are the big buys that can influence the movement. Today its glove. Tomorrow could be Banks.

Posted by noobinvestor98 > 2021-01-25 09:44 | Report Abuse

WHERE ARE @Icon8888 and @gemfinder?

Posted by MrGlover > 2021-01-25 09:56 | Report Abuse

Are the shorties at work today? Anyone has stats to share?

Posted by CSOON 77 > 2021-01-25 10:08 | Report Abuse

Keep going KOSSAN

Posted by Brutus > 2021-01-25 10:14 | Report Abuse

MrGlover Are the shorties at work today? Anyone has stats to share?
25/01/2021 9:56 AM
--------------------------------------------------------------------------------------------
So far shorties only short TG and Hartalega, Kossan and SMX still 0.

Posted by GoodBoy > 2021-01-25 10:21 | Report Abuse

RSS sold volumes for today from 9:00 am to 10:20 am ... Kossan 0 shares, Hartalega 142,800 shares, SuperMax 0 shares,TopGlove 1,091,200 shares ... Heavy resistant/roadblock setup by RSS for TopGlove at 6.49 n 6.50 ...

Posted by Brutus > 2021-01-25 10:24 | Report Abuse

@GoodBoy, what platform you using?

Posted by GoodBoy > 2021-01-25 10:29 | Report Abuse

Kenanga ...

Posted by blackleopard > 2021-01-25 10:39 | Report Abuse

Hold tight your big 4 glove shares.
As of 21/Jan/2021
Top Glove still no.1 holding with 9.4% & Hartalega is no.3 holding with 8.10% in JP M Malaysia Fund.

http://www.aastocks.com/en/funds/quote/quote.aspx?funds=1127


Below is the fund fact sheet dated 30/Nov/2020
https://am.jpmorgan.com/content/dam/jpm-am-aem/asiapacific/hk/en/literature/fact-sheet/jpmorgan_malaysia_e.pdf

No change in the fund portfolio from end of Nov to 21/Jan/2021

Posted by MrGlover > 2021-01-25 10:55 | Report Abuse

Thanks. Strange, three consecutive days no shorting on Kossan dy. They really can't borrow from anyone now I guess. Great news for us! :)

Posted by GeniusTinker > 2021-01-25 10:56 | Report Abuse

Kossan still under value as compared to its peer. The only one still trade below 50% from its peak.

Posted by Brutus > 2021-01-25 10:57 | Report Abuse

GoodBoy Kenanga ...
25/01/2021 10:29 AM
---------------------------------------------------
One of the very few! I recently added M+ to my existing KenTrade to save on the brokerage charges. Cannot see daily news in M+.

Posted by beginner > 2021-01-25 10:58 | Report Abuse

wait afternoon harta qr out another good show on gloves, strong uptrend now on gloves, hold tight

Posted by drago_7 > 2021-01-25 11:06 | Report Abuse

aiyoo... QR report out sure drop one!

Posted by GoodBoy > 2021-01-25 11:25 | Report Abuse

@Brutus, I m using Kenanga under my personal name, I hv secret account under other platforms... Don't trust anyone, especially those IBs...

Posted by gloveharicut > 2021-01-25 11:27 | Report Abuse

https://klse.i3investor.com/blogs/gloveharicut/2021-01-25-story-h1540130897-Bargain_hunting_lifts_GLOVEs_share_prices_say_analyst_fund_manager_as_s.jsp

Posted by Brutus > 2021-01-25 11:29 | Report Abuse

@GoodBoy, secret account....? IBs especially their Coverage Report....Kenanga still more "humane" unlike some other foreign IBs!

Posted by GoodBoy > 2021-01-25 11:37 | Report Abuse

@Brutus, registered a few accounts under different name at different platforms... Personally control by myself...

Posted by MrGlover > 2021-01-25 11:39 | Report Abuse

Great news that there is zero shorting now. More upward potential coming. Managed to top up some myself. :) HUAT AH!!!!

Posted by Brutus > 2021-01-25 11:54 | Report Abuse

@MrGlover, good for you!
I missed the RM 4.00 as extra cash cannot come in time yet.

Posted by noobinvestor98 > 2021-01-25 12:08 | Report Abuse

Hopefully everyone who bought Kossan will receive big augpau this year!
Stay healthy and prosperous everyone!

Posted by GoodBoy > 2021-01-25 12:31 | Report Abuse

RSS sold volumes for today from 9:00 am to 12:30 pm ... Kossan 0 shares, Hartalega 272,900 shares, SuperMax 0 shares,TopGlove 3,178,200 shares ...

Posted by MrGlover > 2021-01-25 12:39 | Report Abuse

Don't understand, why are they still targeting TG? They eased off previously weeks and now shorting TG again. Are they thinking bring down the leader and the rest will follow? Cannot la, support from TSLWC and retailers so strong, they will fail miserably lo. :p

Posted by MrGlover > 2021-01-25 12:44 | Report Abuse

Come on Kossan. Let's aim to get above Dec 2020 closing first. We need to catch up with the other 3! :)

Posted by Bullrunrun > 2021-01-25 13:57 | Report Abuse

Q4 2020 easily 30 cents per share

BUY CALL NOW