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3.60   +0.07 (1.98%)  3.51 - 3.65  5,131,200
11,982 comment(s). Last comment by WaterBlower at Jun 19, 2021 10:07 PM
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Bullrunrun
783 posts

Posted by Bullrunrun > Jan 27, 2021 5:56 PM | Report Abuse

I q at rm4.05 today cannot get


MrGlover
245 posts

Posted by MrGlover > Jan 27, 2021 6:39 PM | Report Abuse

OMG, EPF acquired 36m TG on 22nd Jan and 12m Kossan on 20th Jan! Were they the ones who planned shorting so that they can buy the tickets dirt cheap???


Brutus
83 posts

Posted by Brutus > Jan 27, 2021 6:45 PM | Report Abuse

@MrGlover, not surprising. EPF within a day can siphon millions by selling first then buy back in the afternoon. You will notice most of the Bursa announcement is "Transacted" rather than straight forward "Disposed"


MrGlover
245 posts

Posted by MrGlover > Jan 27, 2021 6:49 PM | Report Abuse

Well, if they are purchasing, something must be on the horizon. *wink wink*


TRYLUCK88
185 posts

Posted by TRYLUCK88 > Jan 27, 2021 7:16 PM | Report Abuse

a simple rule of thumb..3.94 to 4.50. anything below 4.22 can buy with less stress.


MrGlover
245 posts

Posted by MrGlover > Jan 27, 2021 7:17 PM | Report Abuse

Correction 36m for TG is SBL. So shorties returned about 56m TG shares to EPF? Why is there no reduction in Net Short Position?


MrGlover
245 posts

Posted by MrGlover > Jan 27, 2021 7:18 PM | Report Abuse

As for 12m for Kossan on 20th Jan, it was acquired.


JuzzyOracle
57 posts

Posted by JuzzyOracle > Jan 27, 2021 7:35 PM | Report Abuse

MrGlover, correct me if I am wrong, it does not make sense. On 20th Jan a total of 7210 lots were transacted for Kossan, but EPF reputedly purchased 12000 lots. From where? And transacted at what price? I tell you, retailers have everything stacked against them. There is just no transparency.


Allantanks
663 posts

Posted by Allantanks > Jan 27, 2021 8:05 PM | Report Abuse

Send Jp Morgan 一锅柑
Send Jp Morgan 一锅柑


Jesselivermore
68 posts

Posted by Jesselivermore > Jan 27, 2021 8:07 PM | Report Abuse

damn that is true juzzy oracle. and in the announcement, they mentioned is open market transactions (ordinary shares).


MrGlover
245 posts

Posted by MrGlover > Jan 27, 2021 8:19 PM | Report Abuse

Yes, strange that. Typo? Is think SBL like for TG? Hmm


Goldberg
2222 posts

Posted by Goldberg > Jan 27, 2021 8:27 PM | Report Abuse

Interesting article!

https://klse.i3investor.com/blogs/bursainvestments/2021-01-27-story-h1540184805-The_World_and_Malaysia_Under_the_COVID_Siege_Setting_Our_Expectations_R.jsp


Elvin Gan
28 posts

Posted by Elvin Gan > Jan 28, 2021 12:25 AM | Report Abuse

retailer must unite to
attack back Short Selling RSS


Allantanks
663 posts

Posted by Allantanks > Jan 28, 2021 1:13 AM | Report Abuse

rss = really short squeeze


GoodBoy
6260 posts

Posted by GoodBoy > Jan 28, 2021 1:17 AM | Report Abuse

RSS traders did not buy back any shares of Kossan, Harta, TopGlov n SuperMax on Tuesday 26/01/2021 ...


linheng
925 posts

Posted by linheng > Jan 28, 2021 6:30 AM | Report Abuse

THOSE WHO WANT GLOVE STOCKS TO GO UP SHD CONTINUE WRITING EMAILS TO EPF AND CONDEMN THEIR SBL ACTIVITY. THE RSS PEOPLE HAVE NO SOURCE OF SHARES TO BORROW. THEY HAVE RESORT TO BORROWING VIA FACEBOOK POST VIA KENANGA
Look at Facebook Post :- Wong Patrick - Bursa Market Strategies (Open Group).
Stocks Wanted : TopGlove, Kossan and Supermax
Interest : 5% per annum on daily rest paid on 10th Business day of following month
Contact Patrick Wong Chin Liang. tel 012-9190285 (Kenanga)


linheng
925 posts

Posted by linheng > Jan 28, 2021 6:42 AM | Report Abuse

Frankly, I doubt any sane investors will lend their shares for Short Selling. The EPF probably did not have a mandate to do it, but someone benefits.
At 5% interest per annum, if you lend out $1m of gloves shares for 1 month, you get about $4,166 in interest. If you share price goes down 5%, you lose 50K.


Allantanks
663 posts

Posted by Allantanks > Jan 28, 2021 7:27 AM | Report Abuse

Focus pull hold shot.


MrGlover
245 posts

Posted by MrGlover > Jan 28, 2021 9:12 AM | Report Abuse

Quickly come onboard for an epic event everyone is talking about!
Hashtag ShortSqueeze! :)


noobinvestor98
127 posts

Posted by noobinvestor98 > Jan 28, 2021 11:37 AM | Report Abuse

WE LIKE THIS STOCK!


Brutus
83 posts

Posted by Brutus > Jan 28, 2021 11:43 AM | Report Abuse

@linheng

Look at Facebook Post :- Wong Patrick - Bursa Market Strategies (Open Group).
Stocks Wanted : TopGlove, Kossan and Supermax
Interest : 5% per annum on daily rest paid on 10th Business day of following month
Contact Patrick Wong Chin Liang. tel 012-9190285 (Kenanga)
--------------------------------------------------------------------------------------------------------------

Actually nothing new, this guy merely promoting the SBL in KIBB (obviously, he is from KIBB).
All the T+C is laid out openly in their website. There are a total about 200 counters that they want to do SBL, not just TG, SuperMax and Kossan.


TRYLUCK88
185 posts

Posted by TRYLUCK88 > Jan 28, 2021 12:38 PM | Report Abuse

So, KIBB want to borrow share @ 5%p.a. cost.

e.g. (PLS CORRECT ME IF THIS ANALOGY IS INCORRECT)
Kossan @ 4.30 been short sell today.
within 1 mth, bought back and return to you.
1mth interest = 0.4167% = 4.30 x 0.4167% = 1.8 sen
At point of buy back, based on the scenario, that means price should not drop more than 1.8 sen for it to be in the money for you.
WORTH IT KAH ??


Ron90
3392 posts

Posted by Ron90 > Jan 28, 2021 1:04 PM | Report Abuse

almost 2 million shares bought at the end of transaction that push Kossan 9 cents.. same thing happend at TG.. both top RSS stocks.. possibilities that RSS players started buying back shares to recover loses on 1 week of january.. bty RSS also profits so much from last week performance.


MrGlover
245 posts

Posted by MrGlover > Jan 28, 2021 1:29 PM | Report Abuse

Moving funds to TG and Kossan, top 2 shorties targets. Let's limit up and force shorties buyback! Buy and hold everyone, we need to rid the bullies!


Sypher
109 posts

Posted by Sypher > Jan 28, 2021 1:43 PM | Report Abuse

I want to share a message to pump our people up. Our glove companies, with whatever imperfections they have, is our national treasure. No matter what institute do or where you stay in Malaysia, it is our pride. To naysay it, to say that after covid is over gloves gonna die, all of that is just unpatriotic and untrue. We should be proud of what we have and what they are doing, supporting them fully to reach the next level, fix their problems and grow bigger. How terrible that when Topglove challenged to become a Fortune 500 and pass Maybank in market cap, we saw what happened. The media manipulation is undeniable. Our local person wants to become a Fortune 500, and people are naysaying that. What do we hope from our successes here? For them to fail? We reward our success with manipulation, single digit PE, and with splitting opinions with some hoping they and their investors lose money. It's terrible. Something big has happened in America, something that shows that the institution and the big money are at our mercy. I believe in that now.

I want this to change. Whoever is still holding gloves have already been through hell, join me by saying eff you to IB, market manipulators, and everyone else. We are retailers, this is our market. Let our winners be winners. I'm not selling and I'm gonna buy more when the market opens tomorrow. I'm not gonna swim with IB. I will be holding. I believe in gloves strongly and it deserves a fair valuation. #glovesaregold


Albukhary
2191 posts

Posted by Albukhary > Jan 28, 2021 1:48 PM | Report Abuse

If we all can gather 50,000 investor, average each investor hold minimum 5000 unit of share, that is about 250,000,000.

What we need to do is to stop trading. Pull out all your sell queue.
Then the market no seller, all the RSS will crying and beg you to sell them the share.

P/S: Me & my closed group of friend (total 5 pax) has owned 132,000 units of KOSSAN share d. We all agreed to hold it tight tight, we will not put it on market to sell, unless the share price has break RM7.50 and above.


Neutral
1386 posts

Posted by Neutral > Jan 28, 2021 1:54 PM | Report Abuse

wipe out our rss here in malaysia. teach them a big lesson until all the IBs are scared


HrryPttr
1738 posts

Posted by HrryPttr > Jan 28, 2021 1:59 PM | Report Abuse

With the power of internet @ communication @ IoT maybe retailers can be a force. That’s what happened in the US. Who knows GameStop is just the beginning?

Nowadays even hackers also united and threaten own government


Sypher
109 posts

Posted by Sypher > Jan 28, 2021 2:07 PM | Report Abuse

Gloves deserve better, we deserve better. Don't sell. Even if you don't buy, JUST HOLD. #gloveisgold


JuzzyOracle
57 posts

Posted by JuzzyOracle > Jan 28, 2021 2:20 PM | Report Abuse

Sypher I concur and I second that, well spoken. In developed markets like the US and Australia, super profit companies like our Top 4 glove companies are treated with the utmost respect and like the goose that lays the golden eggs, and their retirement funds invest heavily in these cash rich companies. Over here it is the opposite, we have some mom and pop retailers that treat these stocks like the casino, make 20 sen and they run like hell. As such when the IBs and shortists zero in on these fly by night hit and run retailers causing our most profitable companies to languish with low single digit PEs, we cry boo hoo hoo and protest vehemently. We need to change this mind set.


MrGlover
245 posts

Posted by MrGlover > Jan 28, 2021 2:22 PM | Report Abuse

Spread it WIDE! Tell all your investor relatives and friends!
WeStandUnited
ShortSqueeze


Sypher
109 posts

Posted by Sypher > Jan 28, 2021 2:23 PM | Report Abuse

@JuzzyOracle, Preach! Our golden boys are being abused and manipulated, our own markets are afraid to invest into our top performing industry! Let that sink in, people. You are all afraid to invest in companies that are making the highest amount of profit in one of the biggest industries in the world. We are considering to cut loss our own pride, because we know what the news is trying to say, what the low tps are trying to tell us to do. ENOUGH.


HrryPttr
1738 posts

Posted by HrryPttr > Jan 28, 2021 2:47 PM | Report Abuse

Must inform Reddit forum about profit making company being pressed down in Malaysia. Maybe they are interested to kill the shorties?


Sypher
109 posts

Posted by Sypher > Jan 28, 2021 3:00 PM | Report Abuse

Whoever has a Reddit account, please upvote: https://www.reddit.com/r/bursabets/comments/l6q9yt/thank_you_rwallstreetbets/

If we can get US support, I think we can do a lot. Must try our luck.


Elvin Gan
28 posts

Posted by Elvin Gan > Jan 28, 2021 3:42 PM | Report Abuse

join fb group,whatsapp group,telegram group friday united retailers want to #CRASHRSS


Mrinvest0r
100 posts

Posted by Mrinvest0r > Jan 28, 2021 3:52 PM | Report Abuse

https://www.asiatimesfinancial.com/asia-could-be-next-as-reddit-squeeze-on-hedge-fund-shorts-goes-global


Sypher
109 posts

Posted by Sypher > Jan 28, 2021 3:53 PM | Report Abuse

https://www.reddit.com/r/bursabets/comments/l6q9yt/thank_you_rwallstreetbets/

Share the link, make some noise and we won't be ignored.


BursaInsight
120 posts

Posted by BursaInsight > Jan 28, 2021 5:32 PM | Report Abuse

from wallstreetbets to bursabets - join the reddit group
joining the trend to punish shorties


Sypher
109 posts

Posted by Sypher > Jan 28, 2021 5:33 PM | Report Abuse

我想分享一个信息,以激励我们的人民。我们的手套公司,无论他们有什么不完善之处,都是我们的国宝。无论投资机构采取什么措施使您减少对它们的想法, 它们都是我们的骄傲。
对于不看好的人,说在covid结束之后,我们的手套公司将会死掉,所有这些都是不爱国和不真实的。
我们应该为自己拥有的东西感到自豪,全力支持他们成长达到下一个层次,解决他们的问题,公平地批评他们,当Topglove挑战成为财富500强并超越市值的马来亚银行(Maybank)时,我们看到了所发生的一切,媒体和价格操纵猖的发生是不可否认的。
本地企业努力想要成为财富500强,却遭到媒体和操纵者对此激烈反对。难道我们不希望他们在这里取得成功吗?让他们失败吗?
我们通过操纵,强压股价甚至到个位数的PE,以及以不同的观点来煽动,并希望他们和他们的投资者亏钱。太可怕了!
美国发生了大事,这也让我们知道,机构和巨额资金可以由我们控制摆布。从未发生,但我现在相信我们可以。

我想要改变。任何还拥有手套的投资者,谁都已经陷入困境!请加入我们的行列,向投资银行,基金经理,市场操纵者和其他所有人道歉。我们是零售投资者,这是我们的市场。让我们的赢家成为赢家。明天市场开盘时,我不卖出我的股票,我会买更多。我不会跟着他们决定的市场情绪影响着我。我将会持续守着不卖出让他们得逞。我坚信手套股,应该给予合理的估值。 #gloveisgold

Join and upvote: https://www.reddit.com/r/bursabets/comments/l6q9yt/thank_you_rwallstreetbets/


陳 彥霆
830 posts

Posted by 陳 彥霆 > Jan 28, 2021 5:35 PM | Report Abuse

kossan is one of the best glove counters


Live2Win
344 posts

Posted by Live2Win > Jan 28, 2021 5:53 PM | Report Abuse

It is abt time we (retailers) all unite to fight back against these short sellers who prey mostly on the 4 big brothers (THKS). We were all supposed to benefit from our investment in these ctrs if not cos of their selfish intent. Hopefully the management of these 4 big glove companies are willing to assist us all to do SBB to push these shorties to the blink of bankrupcies.


gemfinder
5345 posts

Posted by gemfinder > Jan 28, 2021 5:55 PM | Report Abuse

U traped at high px is ur problem. Kikiki


gloveharicut
1057 posts

Posted by gloveharicut > Jan 28, 2021 5:55 PM | Report Abuse

Will TOPGLOV be our Wallstreetbets' Game Stop? RETAILERS UNITE! NOT TO BE BULLIED ANYMORE!
https://klse.i3investor.com/blogs/gloveharicut/2021-01-28-story-h1540191594-Will_TOPGLOV_be_our_Wallstreetbets_Game_Stop.jsp


Live2Win
344 posts

Posted by Live2Win > Jan 28, 2021 6:08 PM | Report Abuse

Let us all do research n seek which stocks JP Morgan in particular is interested with intention to sell short...collectively we all with determination to move along to deter their move in a big way.If one is determined to do something, there is always hope n ways to do it.


Live2Win
344 posts

Posted by Live2Win > Jan 28, 2021 6:23 PM | Report Abuse

I personally believe that one doesnt need to buy alot of shares in order to kill them...all of us just focus on that particular single ctr that JP Morgan is involved in on that day by buying according to our own capability. The buying spree must be swift so as not to enable them the time to recover. As the share price reaches the highest level, I am pretty sure it will force them to liquidate their position...declare bankruptcy. Show this American IB our colors...


BursaInsight
120 posts

Posted by BursaInsight > Jan 28, 2021 6:33 PM | Report Abuse

https://www.reddit.com/r/bursabets/comments/l6sgah/which_counters_should_we_start_with/


Live2Win
344 posts

Posted by Live2Win > Jan 28, 2021 6:34 PM | Report Abuse

the management of Kossan shud lead the way...we all are supportive of u as we all still believe in your earning power


Live2Win
344 posts

Posted by Live2Win > Jan 28, 2021 6:45 PM | Report Abuse

TG like the rest of the glove stocks is making billions of ringgits of profit annually...such huge amount if u just use your head to think just for a few seconds n then come back to tell me ...just name me which companies listed on Bursa are able to achieve such a feat within a year...even if they can, probably wud take them ages if not decades. We all need to be honest with ourselves...think positively. What these shorties are doing, are really ridiculous


eddie1884
174 posts

Posted by eddie1884 > Jan 28, 2021 6:49 PM | Report Abuse

letsdoit


Ukga
40 posts

Posted by Ukga > Jan 28, 2021 6:49 PM | Report Abuse

Just be cool on what the hedge funds short sellers are doing. As long as we are comfortable with our entry positions, just sit tight buy low when possible and enjoy the quarterly dividends.

There will also be bumpy roads ahead for the production and distribution of vaccines couple with different variants of Covid-19 popping out around the world. Glove counters will be good for the foreseeable future. Cheers and stay safe.

https://www.bbc.co.uk/news/world-europe-55836463

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