gloveharicut

Gloves bulls appeared to have turned into Gloves bears?

gloveharicut
Publish date: Mon, 04 Jan 2021, 11:03 AM
Does Glove need a haircut?

{{{PM me to join GLOVE Private Discussion Room}}}

I invite you to read my blog and make a smart GLOVE decision.

https://klse.i3investor.com/blogs/gloveharicut/blidx.jsp

 

I am not sure the vaccine is useful or not. CEO have better answer.

 

Do you have to wear GLOVES to give a vaccine shot?

I am holding my GLOVES. I will only sell when ASP come down but not stock price come down.


I buy vaccine logistic by using the GLOVEs profit as hedging to vaccine news.

 

I am reproducing The Edge article to my blog.

This post don't have any value added content.

Compile here for my own record.

Please skip if you don't like it.



https://www.theedgemarkets.com/article/glove-stocks-start-new-year-bearish-note-top-glove-trading-volume-above-100-million-shares

Glove stocks start new year on bearish note; Top Glove trading volume above 100 million shares in first 20 minutes

 
Glove stocks start new year on bearish note; Top Glove trading volume above 100 million shares in first 20 minutes

KUALA LUMPUR (Jan 4): Glove bulls appeared to have turned into glove bears as heavy selling pressure emerged on rubber glove counters on the first trading day of 2021.

Top Glove Corp Bhd led the fall. Its share price tumbled over 12% to RM5.25, its lowest level since late May last year. It was the most actively traded stock as at the time of writing. Its trading volume ballooned to 120 million shares in less than 30 minutes after the opening bell.

As for its peers, Hartalega Holdings Bhd plummeted RM1.28 or 10.5% to RM10.86, Kossan Rubber Industries Bhd plunged 46 sen or 10.44% to RM4.03, while Supermax Corp Bhd slid 37 sen or 6.15% to RM5.65.

Discussions
Be the first to like this. Showing 16 of 16 comments

gloveharicut

Do you have to wear GLOVES to give a vaccine shot?

I am holding my GLOVES. I will only sell when ASP come down but not stock price come down.


I buy vaccine logistic by using the GLOVEs profit as hedging to vaccine news.

2021-01-04 11:04

gloveharicut

I am still maintaining 60 : 40 between glove & vaccine

2021-01-04 11:34

gloveharicut

I am still maintaining 60 : 40 between glove & vaccine
https://klse.i3investor.com/servlets/pfs/166413.jsp

2021-01-04 11:34

wkc5657

not exactly a good time now, wait till the rss tickets subside....will take at least 2 weeks to fully digest...

2021-01-04 11:57

tips888

I WILL USE GLOVES WHEN I REACH HOME TILL I SLEEP.

2021-01-04 12:12

Pinky

https://www.channelnewsasia.com/news/singapore/covid-19-first-vaccinations-ncid-healthcare-workers-pfizer-13864346

You DO NOT NEED gloves to do vaccination.

Look closely, the male nurse has a bottle of sanitiser on his desk.

It is better for the medical practitioner to sanitise his/her hand before vaccinating each patient, than to wear a pair of gloves and touch N number of patients.

And no, I don't think it's practicable to use a pair of gloves per patient.

So, it is bye-bye glove counters to me.

2021-01-04 13:11

stockraider

The day that USA Custom bravely announced BAN on world biggest gloves manufacturer Topgloves from USA, that is the sign that there are no shortages of gloves mah...!!

But the vested interest parties still mentioned gloves shortage to mislead the investing public loh...!!

2021-01-04 13:15

Pinky

Covid-19 is spread by droplets and go into the body thru eyes, nose or mouth.

You won't get Covid-19 by touching an infected person unless you touch your eyes, nose or mouth after touching his/her droplets.

So, if the patient is wearing mask, and the medical person doing the vaccination is also wearing mask, gloves is absolutely not needed.

2021-01-04 13:24

stockraider

If this is really true ah ??

Do not forget Topgloves already 25% of the world capacity mah..!!

Supermax already supplying to USA & the World mah....!!

It must be excess of capacity & no shortage in order to allow them do that mah..!!


Posted by vaccineneedgloves > Jan 4, 2021 1:22 PM | Report Abuse

Stockraider That is also the day the American join the business venture with supermax. They block topgloves but they allow supermax. Very smart.

2021-01-04 13:27

greedy44444

All in RM5.00

2021-01-04 13:56

paperplane

tak kisah...wakaka

2021-01-04 14:27

emsvsi

Supermax is considered the leading indicator of Glove ASP's and Orders as they have the largest proportion of spot / adhoc orders

If share price has made a big move downwards way in advance with no change in publicly available information (just like start of the year 2020 when share price shot up), it means ASP's and glove demand are already dropping as we speak


All glove investors should consider diversifying their portfolio to true recovery stocks to protect their profits and grow them further

Top pick is Genting Berhad (3182) powered by the super cycle growth catalysts: -

Skyworld Outdoor Theme Park
Resorts World Las Vegas
Japan Integrated Resort Bid
Genting Plantation (CPO record high)
Genting Power, Property, Oil & Gas (cyclical sectors in a massive upcycle)

Sincerely,
EMSVSI

2021-01-04 14:38

gloveharicut

GENM better

2021-01-04 14:46

Agjl

gloveharicut GENM better
04/01/2021 2:46 PM

Why genm better?

2021-01-04 23:26

Agjl

emsvsi Supermax is considered the leading indicator of Glove ASP's and Orders as they have the largest proportion of spot / adhoc orders

If share price has made a big move downwards way in advance with no change in publicly available information (just like start of the year 2020 when share price shot up), it means ASP's and glove demand are already dropping as we speak


All glove investors should consider diversifying their portfolio to true recovery stocks to protect their profits and grow them further

Top pick is Genting Berhad (3182) powered by the super cycle growth catalysts: -

Skyworld Outdoor Theme Park
Resorts World Las Vegas
Japan Integrated Resort Bid
Genting Plantation (CPO record high)
Genting Power, Property, Oil & Gas (cyclical sectors in a massive upcycle)

Sincerely,
EMSVSI

Why not GENM?

2021-01-04 23:27

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