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General Meeting Hints : Click here to modify the Visible Columns.![]() CuriousGuy short sellers really have the power...sad but true...scary. glove should privatise 24/02/2021 2:59 PM Hui_k_c Thanks Sifu Mabel for the explanation, i will not sell the glove stock and wail for the day to come. I started collecting Tech stock last month advise by Sifu here. 24/02/2021 3:02 PM Plantermen Glove manufacturer's business are sustainable { next 1 - 2 years} but narket perception has changed from darling stocks to over valuations or non performing after the spectre of glove mania. Expectations has dropped from top achievers to heap of copy cats coming from non established manufacturer brands. Big producers are viable but the latecomers may faced a dilemma of squeeze margins and lower average selling price going forward. Just my personal 2 sen view 24/02/2021 3:07 PM Plantermen Glove manufacturer's business are sustainable { next 1 - 2 years} but narket perception has changed from darling stocks to over valuations or non performing after the spectre of glove mania. Expectations has dropped from top achievers to heap of copy cats coming from non established manufacturer brands. Big producers are viable but the latecomers may faced a dilemma of squeeze margins and lower average selling price going forward. Just my personal 2 sen view 24/02/2021 3:07 PM ChaseBros <<The thinker>> RSS is max 4%. What kind of power shorties have? Why don't you explain how can they do that? and how can it go PN17? Of course the market maker and sentiment are at play now. That is when investor buy into a good fundamental stock that is greatly undervalued. How do you think Warren Buffet invest? Anyway, it is clear that you have bigger mouth than brain. So much being a thinker. 24/02/2021 3:15 PM fortunefire according to guru-guru, hartalega is the strongest among glove counters.... based on the technical analysis from guru-guru, hartalega worth holding it.... 24/02/2021 4:15 PM sheldon I've been catching a falling knife but with 2.68m short shares that requires squaring, I think I'm ok. 24/02/2021 5:09 PM highlander33 #Mabel, thank you for the very detailed and meaningful sharing. Certainly holding on to the value stock. 24/02/2021 6:48 PM Mabel Welcome highland33 Isn't short selling banned until august this year? Bursa and SC where are you? Why are you not doing your job? Everyone should starts filing complaints to Bursa and SC.. Why are they still entertaining these pests.. Lastly, Today our PM took the 1st vaccine. Two of the nurses who administer the jab wear our TG gloves. With or without vaccine Gloves will still prevail Meow Meow Meow Meow 24/02/2021 7:16 PM ikenduit https://www.straitstimes.com/business/companies-markets/hkex-shares-plunge-most-since-2015-after-deleted-stamp-duty-report 24/02/2021 8:25 PM Bullrunrun https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/%E7%96%AB%E8%8B%97%E6%8E%A5%E7%A7%8D%E5%A6%82%E7%81%AB%E5%A6%82%E8%8D%BC-%E6%89%8B%E5%A5%97%E8%82%A1%E6%8C%AB%E8%B7%8C%E5%90%8E%E6%98%BE%E9%9C%B2%E4%BB%B7%E5%80%BC 24/02/2021 10:23 PM GoldenHarvest1 Government to continue assisting glove industry https://www.bernama.com/en/business/news.php?id=1934266 25/02/2021 2:54 AM GoldenHarvest1 covid-19 vaccines do not remove need for gloves & other PPE https://www.theedgemarkets.com/article/covid19-vaccines-do-not-remove-need-wear-masks-gloves-keep-distance-%E2%80%94-chief-physician 25/02/2021 3:04 AM MalaysiaStock who is holding gloves still......hahahahahahaha. Got vaccine, hold glove stocks.... crazy investors. 25/02/2021 9:01 AM sheldon Mabel - I understand that Bursa/SC lifted short-selling on the first trading day of 2021 hence Harta got whacked by shorters. 25/02/2021 9:16 AM oskchoon Company Today $. Year High. Down% AT. RM 0.14. RM 0.30 . 54 % Rubberex RM 1.28. RM 3.05. 58 % Careplus. RM 1.85. RM 5.83. 68 % Comfort. RM 2.21. RM 7.28. 69 % Kossan. RM 3.81. RM 9.75. 61 % Supermax RM 5.04 RM 11.90. 57 % Top Glove RM 5.23. RM 9.77. 46 % Hartalega RM11.40. RM 21.20. 51 % 25/02/2021 9:48 AM gloveharicut How low are GLOVEs compared with bullish analysts’ target prices? https://klse.i3investor.com/blogs/gloveharicut/2021-02-25-story-h1541260249-How_low_are_GLOVEs_compared_with_bullish_analysts_target_prices.jsp 25/02/2021 10:27 AM oskchoon It has been attacked by the syndicate short sellers and it will continue to push down the share prices unless Bursa stop the RSS now temporarily until August 2021.. 25/02/2021 11:13 AM Mabel Isn't short selling banned until august this year? Bursa and SC where are you? Why are you not doing your job? Everyone should starts filing complaints to Bursa and SC. 25/02/2021 11:20 AM Snowpiercer I think the pandemic has made many to realize that glove manufacturing is such a low tech....low value....low barrier to entry which warrant extremely low PE.....unless the companies can sustain high dividend yield which is not likely to .....not to mention that almost all of the them pay nothing 25/02/2021 11:24 AM paktua73 hi mabel..mybe you abit miss understood.. regarding RSs n IDSs.. this is the explanation ================== gnath_77 @looks like you didn't read in details :) only IDSS is banned... RSS is not.... IDSS - Intra-Day Short Selling RSS - Restricted Short Selling =================== Mabel Isn't short selling banned until august this year? Bursa and SC where are you? Why are you not doing your job? Everyone should starts filing complaints to Bursa and SC. 25/02/2021 11:20 AM ===============!!!!! tut tut dengar sama namun bukan sama hehe 25/02/2021 12:24 PM amateurJR This mabel alot of things also dunno wan. The act like sifu there. Meow Meow Meow 25/02/2021 12:26 PM amateurJR GoldenHarvest always pray for Covid 19 to get worsen. One day karma will hit him hard. 25/02/2021 12:27 PM paktua73 here how RSS means.. Regulated Short Selling (RSS) Stock Market Guides Bursa Malaysia, Regulated Short Selling (RSS) Bursa Basically, short selling means that investors sell a share without first having it. Short selling is a technique used by investors to profit from the falling price of an overpriced market. In Bursa Malaysia, short selling is regulated under Regulated Short Selling (RSS) and Securities Borrowing and Lending (SBL) guidelines, which introduced to the market on 3rd January 2007. Prior to 2006, short selling was banned for about 8 years. RSS means that investors sell a share without first having it, but they have to borrow it from the Central Lending Agency (CLA). CLA is an agency managed by Bursa Clearing where all lending and borrowing are taking place. Investors don’t deal directly with the CLA, but they have to go through the approved Participating Organisation (PO) or investment bank. For those who have excess shares, you may lend it to the CLA and earn some fees. 1. How to participate in RSS? Investor who wishes to participate in RSS must open a designated RSS trading account with a PO. All short selling transactions are to be executed through a RSS Account. Prior to executing RSS, investors must first borrow the stocks from the CLA through the approved PO. Investors have to pay a fee and placing sufficient collaterals for borrowing. Upon successfully borrowed the required stock, RSS will be executed by dealers at PO after receiving instruction from the investors. The order price must be higher than the last traded price of the relevant stocks. This is known as the ‘up-tick rule‘. 2. Which stocks are approved for RSS Currently, there are 100 stocks are approved by Bursa Malaysia for RSS. Please refer to table 1 below. The stocks were approved based on the following criteria, average daily market capitalisation must exceed RM500 million for the preceding 3 months at least 50 million shares in public float average monthly traded volume must exceed 1 million units for the preceding 12 calendar months List of approved stocks for RSS is updated every 6 months. 3. Suspension of RSS Total short position of an approved stocks is limited to 10% of the total number of the shares. When the limit reach, RSS activities on that stocks will be suspended for 4 market days. tut tut short explain 25/02/2021 12:38 PM nokchin Gamestop 2.0 is happening in USA Wall Street yesterday. So let us do the same short-squeeze to Glove counters, again. 25/02/2021 2:23 PM Silentreader88 RM2 million ringgit in at 10.10 just now, and stochastic for all gloves are really in severe state. Lets in, follow MM 25/02/2021 3:15 PM Mabel Noted and thanks Paktua I missed the RSS part.. Now Mabel understand.. Meow 25/02/2021 4:50 PM nuilam hali Listen what jp Morgan say haha.they ask you to you buy, they predict something you listen to them. As though jp Morgan is your god 26/02/2021 5:10 PM Kevin Tam It looks like not only Kenanga always giving inaccurate target prices for many counters since 2 years ago ; larger n more reputable research houses like Cimb n HL research also like to give high target prices than last time , from the past 5 months experience of being influenced by local research houses, it really looks like foreign research houses r far more accurate in giving target prices to top 4 glove counters.... :) 27/02/2021 1:55 PM Kevin Tam Those research houses upgraded n lifted target prices of top 4 glove counters every week during last Aug to last Dec should be one of the main factors that glove counters gone up the super high price level during Sep to Nov of 2020.. 27/02/2021 1:58 PM signn top glove n supermax wanna cabut dy. i guess only left harta n kossan in klci index later 27/02/2021 2:03 PM Hazzyy Don’t always use karma to preach someone to suffer. Pray for others to gain light and wisdom and not one to see someone get punished .one never gain by seeing sufferings . 27/02/2021 2:40 PM Kevin Tam Agree with snowpiercer that glove industry has low barrier of entry n even though Harta considered as most innovative among glove counters, don’t deserve to use PE of 33-40 to calculate target prices ( pre pandemic period ); besides excessive of production in 2022 after expansion , prices of latex n petroleum by products for nitrile gloves will go up gradually as well ... 27/02/2021 4:00 PM katsul51 https://ourworldindata.org/covid-vaccinations Long way to go to archive Herd Immunity 27/02/2021 9:43 PM ![]() ![]() | |