SUPERMAX posted an after tax profit of RM1.08 billion for the last quarter.

And is going to crash soon.- what warped logic. Keep entertaining us. Absolute FOOL.

Posted by glovefinish > Feb 4, 2021 11:56 AM | Report Abuse

ChickenRoaster, U would be the roasted chicken soon as your loving supermx going to crash soon.

The SHORTIES SHOOTING their own FEET- CLOWNS

TG DIRECTOR ACQUIRES TG SHARES
----------------------------------------
DATUK NORIPAH BINTI KAMSO (a company director) acquired 5,000 shares at 6.900 on 03-Feb-2021.

RHB Research Institute expects Supermax to distribute special dividend in 2HFY21
-----------------------------------------------------------------

KUALA LUMPUR (Feb 4): RHB Research Institute expects Supermax Corp Bhd to distribute special dividends in the form of cash or shares for the third quarter ending March 31, 2021 (3QFY21) and 4QFY21.

Its analyst Alan Lim said in a note today that he emerged from an analyst briefing by the company feeling POSITIVE on its long-term prospects.

“Additionally, it currently holds 151.9 million treasury shares, which could be utilised as dividends in the form of shares or for listing purposes on the SGX (Singapore Exchange),” he said.

Lim also believes that the group’s margin will improve in the next quarter due to HIGHER average selling prices (ASPs) and a volume contribution from Plant 12B.

“Although its EBITDA (earnings before interest, taxes, depreciation and amortisation) margin declined quarter-on-quarter (q-o-q) in 2QFY21, we expect this to be TEMPORARY,” said Lim.

He noted that the reason behind the weaker margin was a sudden surge in the raw material price of nitrile butadiene (NBR) when the ASP had been set earlier.

“We expect Supermax to increase its ASP in 3QFY21 to reflect the higher NBR price,” he added.

Looking into next quarter, he estimated the group’s earnings to STILL RISE on a quarterly basis.

Lim reiterated his "BUY" call on Supermax with a target price (TP) of RM10.60 due to its STRONGER earnings prospects for 3QFY21, expectations of special dividends and a POSITIVE news flow from its venture to build a manufacturing plant in the US.

Meanwhile CIMB research gave SUPERMAX a TP of RM11.80

TOP GLOVE will announce a record breaking 2nd Quarter PAT estimated at RM3.2 billion in early March.

Big dividends will be declared (70% of PAT) & more Share Buybacks.

The SHORTIES are running out of TIME & AMMUNITION.

SHORTIES will be roasted today- No more bullets to short.

Attacking SUPERMAX instead. CLOWNS INDEED !

Correct ! -

Topglove is a good investment for medium.and long term at current prices.I

t is better for JPM to short some semicon stocks which are having ridiculous PE and prices .

HOLD TOP GLOVE and 'KILL' the Shorties.

CIMB: LATEST

SUPERMX expects ASPs to remain on the uptrend until end-1HFY22F.

TP RM11.80

@magus- well said bro

Hold on to your TG shares if you want to see the shorties bleed. The shorties must be taught not to mess around with a fundamentally sound and extremely profitable company. let the shorties bleed till they cannot see the road home. Otherwise, they will think that we are just pussies and wimps that are easy to push over.

Come on guys, just hold and not sell.

Just ignore the CLOWN- Complete fool & delusional.

Posted by liewtz06 > Feb 3, 2021 7:49 PM | Report Abuse

@Groundzero is a new account created today to attack gloves. Obviously.
Anyway, I'm sure he's smarter than all the gloves bosses who spent hundreds of million if not billion to SBB at higher current price without knowing their shares are worthless according to @groundzero.

Bursa is working together with IB, duping us retailer that TopGlove no longer being shorted.

Willing to work with The foreign CROOKS and con the local Retailers. Bravo Bursa !

----------------------------------------------------
Posted by jason126 > Feb 3, 2021 4:26 PM | Report Abuse

Shorties using Bursa to scare investor !!!???!!!???
must read...

https://klse.i3investor.com/blogs/bursainvestments/2021-02-03-story-h1...

TOP GLOVE will announce a record breaking 2nd Quarter PAT estimated at RM3.2 billion in early March.

Big dividends will be declared (70% of PAT) & more Share Buybacks.

The SHORTIES are running out of TIME & AMMUNITION.

SHORTIES are CORNERED- ABOUT to SURRENDER soon
----------------------
CANNOT PRESS TG -Further -NO MORE AMMUNITION to Short.

NOW SHORTIES spreading lies through the mass media--The EDGE, The STAR & FOCUS M

And not forgetting the -

The TOOTHLESS BARKING DOGS- all the time RUNning .

Her are the terms for SBL-

1. Stock - TOPGLOV, SUPERMX, KOSSAN,...

2. Borrower - Kenanga Investment Bank Berhad. Kenanga is obligated to return the loan shares

3. Quantity- any quantity, preferably 10k shares and above

4. Rate - min 5%pa. Fee calculates daily [(rate* yesterday closing price* loan quantity)/365] and pays monthly on 10th business day of the following month. Fee will start on the date the share transferred to kenanga and end when share return.

5. Tenure - open basis. It means client can recall or kenanga can return anytime with prior notification. Let us know if you wishes fixed term. We can negotiate.

6. Corporate action entitlement(eg dividend) - Kenanga will return corporate action to client.

7. client must recall for voting right.

DEMAND TO OUTSTRIP SUPPLY FOR NEXT FEW YEARS - Hartalega Boss MR KUAN
=======================================================
Here's the quote:

"In addition, the sector is expected to undergo a structural step-up in demand on the back of increased glove usage from emerging markets with low gloves consumption per capita and heightened hygiene awareness. The overall projected growth in demand is expected to outstrip supply for the next few years.

JP MORGAN /LOCAL IBS/THE EDGE - PLS DONT WRITE RUBBISH ON DEMAND OF GLOVES.

The Star is JP Morgan's barking dogs- bought/paid d to tell blatant lies.

SHORTIES in PANIC MODE

-------------------------------------------------
Posted by mf > Feb 3, 2021 1:51 PM | Report Abuse

Prices of gloves likely to decline from H2
TheStar Wed, Feb 03, 2021 10:10am - 3 hours ago

I was approached too. hmm coincidence- Looks like SHORTIES are running out of ammunition to SHORT.

Aren't we in for interesting times.

Posted by Perfectinvestor > Feb 3, 2021 12:53 PM | Report Abuse

BE ALERT- One broking firm called me this morning to ask whether I want to lend my topglove shares to them,earning at good interest rate. I said no way. I think IB already cannot tahan. Stay strong and keep buying

Datuk Muhamad Umar Swift, the CEO of Bursa Malaysia Berhad, said at a press conference that the regulated short selling (RSS) limit is 3%.

SHORTIES don't have much bullet to SHORT- TG- Limit on RSS -TG will be up soon.
--------------------------------------------------
Posted by raymond2 > Feb 3, 2021 12:22 PM | Report Abuse

Total Net Short Position for 02/02/2021
Short Name :TOPGLOV
Net Short Postion (Volume) :244,339,667
% of Short Position to Shares Outstanding :2.98

GLOVES will be the ONLY SECTOR to shine for many many years.

TG - the worlds largest producer will benefit the most.

Here are some sobering facts-

1-The virus mutates all the time.

2-The vaccine would cause it to mutate towards a version that escapes the immune response generated by the vaccine. Case in point- the South African variant.

3-Unless everyone in the world gets vaccinated at the same time, there is no way to eradicate the virus.

Keep safe and observe the SOPs.

SHORTIES CORNERED- ABOUT to SURRENDER?
----------------------
CANNOT PRESS TG -WHY???- NO MORE AMMUNITION ?

EVEN with the help of :-

-The TOOTHLESS BARKING DOGS,

-The Mass Media- EDGE, STAR, FOCUS M

-The Authorities- SC & BURSA- STILL FAIL

TG HOLDERS VERY STRONG & WISE

SOON SHORTIES WILL SURRENDER.

YOU CANNOT PRESS THE WORLDS LARGEST GLOVE MANUFACTURER The BEST STOCK in BURSA.

DELUSIONAL FOREIGNERS.-JPM & CO.

GOOD opportunity to collect low- don't chase- later WE RETAILORS will return FULL FORCE.

SHORTIES are CORNERED - NO WHERETO RUN

STAY UNITED COMRADES

INGORETHE CLOWNS

COULD THIS BE MANIPULATION BY SC & BURSA to PROTECT JP MORGAN- YOU BE THE JUDGE .
______________________________________________________________________
Things started getting more and more strange yesterday.

Datuk Muhamad Umar Swift, the CEO of Bursa Malaysia Berhad, said at a press conference that the regulated short selling (RSS) limit is 3%. However, according to Bursa and SC's official announcement, and according to everyone's knowledge, the limit is 4%. There has been no clarification so far on which one of these two numbers is wrong. Of course the difference is very material, especially in the case of Top Glove, because as of last week, the net short position stood at 2.95% of the company's outstanding stock. Thus, we still don't know if the limit is 3% or 4%.

Even more confusing, last night Bursa released the daily net short position figures, and surprisingly the file DID NOT INCLUDE TOP GLOVE - the most shorted company on Bursa:

PAPER LOSSES IN EXCESS OF RM400 MILLION TODATE.
--------------------------------------------------
The despicable shorties have an unrealized lost of >RM400 million.

Battle against the unscrupulous SHORTIES to resume tomorrow.

SQUEZE all the SHORTIST-ESP J P MORGAN

Massive Unrealised Losses by SHORTIES
==============================
Short seller average
TOPGLOV 5.695
SUPERMX 5.709
KOSSAN 4.107
HARTA 11.123

Est unrealized Losses
TOPGLOV (327,742,120.78)
SUPERMX (22,647,671.03)
KOSSAN (16,292,708.76)
HARTA (103,018,548.28)
Total losses (469,701,048.86)

This is a very rough estimate. The short position data is only available tomorrow from BURSA...but you get the idea....

Hedge fund shorties have an unrealized lost of >RM400 million.

Battle against the unscrupulous SHORTIES to resume tomorrow.

SHOOT all the SHORTIST

Massive Unrealised Losses by SHORTIES
==============================
Short seller average
TOPGLOV 5.695
SUPERMX 5.709
KOSSAN 4.107
HARTA 11.123

Est unrealized Losses
TOPGLOV (327,742,120.78)
SUPERMX (22,647,671.03)
KOSSAN (16,292,708.76)
HARTA (103,018,548.28)
Total losses (469,701,048.86)

This is a very rough estimate. The short position data is only available tomorrow from BURSA...but you get the idea....

Hedge fund shorties have an unrealized lost of >RM400 million.

Battle against the unscrupulous SHORTIES to resume tomorrow.

1-JPM Never think Malaysian Retailers are clowns that can be manipulates EASILY.

2- Never SHORT a SUPER STOCK even with the help of TRAITORS - EPF /THE EDGE /The STAR

3-RESULT- A VERY EXPENSIVE LESSON.

RETAILORS REALLY PRESSED YOU TESTICLES.

AND you JOLLY WELL DESERVE IT.

YUP ,SQUEZZE THE SHORTIES TO DEATH- ESP THE FOREIGN CROOKS/ROBBERS.

SHORTIES PANICKING - OUR ARMY GOING FOR THE KILL.

HOLD ON TO YOUR GEMS-

WE ARE WINNING !!

Always Take Investment Bankers (IBs) Target Price With a Spoon of Salt.

Especially the ones that issues call warrants or rather structured warrants as they INVARIABLY MANIPULATE the prices of the stocks they cover.

They should NEVER issue TPs for any stock in which they have an INTEREST - this is where MANIPULATION comes to play.

In a NUTSHELL IB.s that issues call warrants MUST abstain from issuing Target Prices.

SC - Please wake up from your SLUMBER as your INCOMPETENCE is so glaring.

SUPERMAX holding well RM6.88 plus 8 sen. not bad ya.

Usually plunge after excellent QR results. lol.

At the last closing price of RM6.80, Supermax is trading at a PE of only 8 times.

This is insanely low for a company of such caliber (same goes to other glove leaders). If the next quarter EPS remains as 41.14 sen (assuming no improvement in its results – which is highly unlikely), at the current price of RM6.80, Supermax will be trading at a PE multiple of only 4.7 times.

SUPERMAX is conservative valued at RM12-00

"The stock market is a device to transfer money from the impatient to the patient" - Warren Buffet

Be PATIENT folks.

WHAT A GEM
============
Most Undervalued - probably the best in BURSA

Most profitable stock in Bursa

Highest Dividend paying stock in Bursa

Lowest valuations now due to MANIPULATION by SHORTIES & SILLY LOCAL IBs & EPF

Should be valued at least RM10-00

WHAT A GEM
=========

PATIENCE is Key Newbee111- You seem to be a Strong supporter of TG

Just buy and hold RM8-00 maybe next week.

YUP we need to teach JP a GOOD lesson not to short a FUNDAMENTALY SOLID & UNDERVALUED - the best in BURSA.
----------------------------------------------------------------
Posted by newbie1111 > Feb 2, 2021 9:52 AM | Report Abuse

Must be fast buy up to RM 80 to teach JPM a lesson

CHEERS FOLKS!

We are holding well.

UNITED AGAINST THE VICIOUS MAIPULATORS- JPM & CO

UNITED we STAND against the MANIPULATORS.

SQUEEEEEZE THEM

WE ARE WINNING_THE BATTLE - DONT SELLL _ JUST HOLD< JUST HOLD

The GLOVE Movement is AGAINST blatant MANIPULATION
-----------------------------------------------------------

Therefore, the Glove Movement will FIGHT with these DEVILS and their paid CLOWNS to talk bad about the movement. I guess you all know who they are.

WE, RETAILORS NEED TO STAND OUR GROUND AND FIGHT THE UNSCRUPULOUS SHORTIES.

UNITED we STAND against the MANIPULATORS.

The GLOVE Movement is AGAINST blatant MANIPULATION
-----------------------------------------------------------
TOP GLOVE was given SELL calls with LUDICROUS TP in the Foreign IB’s report ie JP Morgan with a TP of Rm3-50. This is CLEAR manipulation to buy CHEAP.

Therefore, the Glove Movement will FIGHT with these DEVILS and their paid CLOWNS to talk bad about the movement. I guess you all know who they are.

WE, RETAILORS NEED TO STAND OUR GROUND AND FIGHT THE UNSCRUPULOUS SHORTIES.

UNITED we STAND against the MANIPULATORS.

Glove sector will shine for many many years.

Here are some sobering facts-

1-The virus mutates all the time.

2-The vaccine would cause it to mutate towards a version that escapes the immune response generated by the vaccine.

3-Unless everyone in the world gets vaccinated at the same time, there is no way to eradicate the virus.

Securities Commission should stop short selling to protect small investors.

The SC should also penalise the manipulators who purposely push down the share price so that they can buy back at cheaper price to make money.

Fortunately, in the last few trading days, there were more buyers than sellers. As a result, all the glove stocks have been going up slowly but surely. I believe good fundamentals must prevail eventually.

Supermax made 50% more profit than its previous quarter. Its total EPS for 2 consecutive quarter was 71.72 sen which is better than any of the 10 largest listed companies in Malaysia including MPI, Unisem and KLK.

Supermax will continue to make more and more profit in the next few years. It is very much undervalued.

Even if I assume Supermax cannot increase its selling price for its gloves for the rest of its financial year, its annual profit will be 71.72 X 2 = Rm 1.43 per share. Based on PE 15, it should worth at least Rm 21.50 per share. This target price is easily achievable.

https://klse.i3investor.com/blogs/koonyewyinblog/2021-02-01-story-h1540251269-Supermax_EPS_as_compared_with_the_10_largest_Malaysian_listed_companies.jsp

2021 Healthcare stocks - Bull run especially GLOVES
-------------------
Posted by jj > Feb 1, 2021 8:35 PM | Report Abuse

2021 医疗股大牛市

Markets Look Like They’re in a Bubble. What Do Investors Do Now?
-----------------------------------------------------------------
Wall Street Journal

31st January 2021

Investors see some classic signs of froth, but they are uncertain whether a downfall looms

For once, everyone seems to agree: Much of the market looks like it’s in a bubble.

To many, valuations look stretched as they hover at levels similar to the highflying days of 2000. That said, high valuations alone don’t necessarily mean the rally is near its end, investors say. History has shown that markets have often been able to climb far longer than thought possible, be it the dot-com boom in the late 1990s or the dizzying rise in Japanese stocks in the 1980s.

https://www.wsj.com/articles/markets-look-like-theyre-in-a-bubble-what-do-investors-do-now-11612089001

Markets Look Like They’re in a Bubble. What Do Investors Do Now?
-----------------------------------------------------------------
Wall Street Journal

31st January 2021

Investors see some classic signs of froth, but they are uncertain whether a downfall looms

For once, everyone seems to agree: Much of the market looks like it’s in a bubble.

To many, valuations look stretched as they hover at levels similar to the highflying days of 2000. That said, high valuations alone don’t necessarily mean the rally is near its end, investors say. History has shown that markets have often been able to climb far longer than thought possible, be it the dot-com boom in the late 1990s or the dizzying rise in Japanese stocks in the 1980s.

https://www.wsj.com/articles/markets-look-like-theyre-in-a-bubble-what-do-investors-do-now-11612089001

LATEST NEWS-

SC may be pressured to Suspend Shorties- in BURSA soon.
=============================================

Reddit-inspired retail swarm in S.Korea battle to remove short sell policy

Monday, 01 Feb 2021

SEOUL: A swarm of online traders in South Korea is taking a leaf from the Reddit horde in the United States to quash a government plan to lift a pandemic-imposed ban on short-selling, triggering a rally in the most shorted-stocks such as Celltrion on Monday.

Almost 30,000 investors of the Korea Stockholders Alliance have come together at a membership-based forum at naver.com, signing online petitions and staging downtown demonstrations calling for permanent ban on short selling of shares.

SUPERMAX -INSANELY LOW PE Valuation of 4.7 times
======================================
At the last closing price of RM6.80, Supermax is trading at a PE of only 8 times. This is insanely low for a company of such caliber (same goes to other glove leaders). If the next quarter EPS remains as 41.14 sen (assuming no improvement in its results – which is highly unlikely), at the current price of RM6.80, Supermax will be trading at a PE multiple of only 4.7 times.SUPRMAX

NSC meets on Tuesday to discuss possible MCO extension

KUALA LUMPUR: The National Security Council (NSC) will have a special meeting on Tuesday (Feb 2) to discuss a possible extension of the movement control order, says Datuk Seri Ismail Sabri Yaakob.

"The meeting will be chaired by Prime Minister Tan Sri Muhyiddin Yassin and we will hear the report from the Health Ministry before any decision is made." he told reporters after visiting roadblocks at Sentul and Gombak on Monday (Feb 1).

Tradeview Commentaries (1st Feb 21) - Why GameStop’s Phenomenon Resonate with Malaysia’s Glove Retail Investors Part 2

In the past year, retail investors participation in stock market globally like US, South Korea were at record highs. This is largely due to the prolonged Covid-19 lockdown and flood of liquidity expanding the money supply in the economy (M3).

Locally, in 2020, foreign funds outflow from KLCI ballooned to RM25 billion. On the contrary, Retail investors were net buyers at RM14 billion and local funds at RM11 billion. Hence, it can be concluded it was retail investors who supported KLCI. As a result, Bursa is on track to deliver record profits for FY20/21 due to record high retail participation, so are the IBs and other brokerage firms. Active retail participation is a boon for the stock market. If social media changes the landscape and levels the playing field between retail investors and institutions, it should be welcomed. Of course some level of oversight is a must to prevent abuse however the same can be said towards the conduct of the Foreign IB whose research report was a sales piece to pitch to institutions to capitalise on RSS ban lifting in KLCI to short the 3 glove stocks. If Regulators intend to clamp down on retail investors, equal scrutiny should be accorded to those questionable IB’s analysis.

Irrationality in the stock market swings both ways and over time it will normalise. A fundamentally sound stock will not go down indefinitely. When the buying volume and momentum outweigh selling, the share price goes up and vice-versa. The point to note, however, it is important for funds to come in to support for share price ascension. For glove stocks, it has been punished irrationally and retailers banding together can be seen as a reactionary market forces.

Indeed, the circumstances of GameStop vs Gloves stocks while sharing a common distaste for shorters, the substance is different. Unlike GameStop, the Glove stocks are undervalued, delivering continuous record profits and good dividend yields. The demand won’t disappear overnight just as when I repeatedly said the vaccine announcements won’t eradicate Covid-19 instantly. 3 months since Pfizer / Moderna announcement, globally and Malaysia is in a much worst state than 1 year ago. For those who choose to ignore the supernormal profit of glove stocks, please reassess your valuation model impartially. This is not the same where a company disposes their core business and net a huge windfall, declare one-off dividend and is left without a profitable business the next year. How many times have we seen the glove stocks grow post pandemics (H1N1, SARS)?

I understand valuation is subjective. The argument can go on indefinitely. So let’s leave it as that. I am just a blogger and a retail investor. In my years writing, I have always put the interests of my readers and retail investors close to my heart. It pains me to see many subjected to losses resulting from “pump & dump” operations. This means I would not write on companies or sectors which I deem risky, questionable or fundamentally weak.

I would like to take this opportunity to share my honest view on the “Glove Movement” with retail investors.

1. Do not invest in glove stocks if you don’t believe in the fundamentals and not willing or able to hold for the long term.

2. Do not get carried away, caught up in the hype and be emotional. No point using hard earned money to spite anyone, be it IBs or shorters. They don’t care about you, only their books.

3. Do not use margin to invest in stocks, only excess cash. Invest within your means at all times (regulators can clamp down, banks can impose margin caps anytime)

4. Avoid structured warrants, derivative products especially if you have no knowledge.

The stock market will keep evolving with the advancement of technology. Retail investors, looking out for each other may just be a new way forward. I do not know for sure, but this is surely an experience we will all remember.

End Part 2

Source : www.tradeview.my

The ONLY safe heaven sector is GLOVES in the event of a massive selldown in Wall Street.

Here in Bursa, there will be a big SHIFT fo funds towards the BIG 4 especially SUPERMAX.

Posted by bikay101 > Feb 1, 2021 12:05 PM | Report Abuse

Goldman Sachs believes that for now, the retail solidarity action will continue. Compared with the US stock market peak in 2000, the current U.S. household savings scale is at a high level, and there will be more than 1 trillion US dollars in additional financial support, which means retail investors. "Ammunition" is sufficient. If the short position continues, US stocks will face risks.

Takut belum?

CGS-CIMB Research expects STRONG quarters ahead for Supermax, raises TP to RM11.80
------------------------------------------------------------------------------------
February 01, 2021


KUALA LUMPUR (Feb 1): CGS-CIMB Research has retained its "add" call on Supermax Corp Bhd at RM6.80 with a higher target price of RM11.80 (from RM10.80) to reflect an earnings per share (EPS) upgrade, pegged at 15 times calendar year 2022 forecast (CY22F) price-earnings (P/E), in line with the glove sector’s five-year mean P/E.

In a note last Friday, analyst Walter Aw continued to view Supermax as an attractive play, backed by strong global glove demand owing to Covid-19, higher-than-average margins in the sector (due to its original brand manufacturing model) and solid dividend yields of 4%-9% forecast for the financial year ending June 30, 2021 (FY21F)-FY23F.

To recap, the glove maker’s net profit for the second quarter ended Dec 31, 2020 (2QFY21) climbed 34% quarter-on-quarter (q-o-q) to RM1.06 billion from RM789.52 million in preceding 1QFY21, while quarterly revenue surged to RM2 billion compared with RM1.35 billion in the preceding quarter.

SUPER TO THE MAX.

IS EPF SHOOTING ITS OWN FEET, A COMPLETE FOOL or PENNY WISE POUND FOOLISH?
I FEEL ITS ALL OF THE ABOVE
-----------------------------------------------------------------------
On Jan 8, Top Glove Bhd announced that the Employees Provident Fund (EPF) had ceased to be a substantial shareholder in the glove maker on Jan 5, following the disposal of 40 million shares.

The filing indicated that the 40 million shares were SBL (securities borrowing and lending) shares. This means the provident fund is lending out its Top Glove shares for a fee to investors who intend to short the stock.

In fact, exchange filings showed that in November and December, EPF made nine share disposals that were labelled as “SBL” transactions. These transactions involved about 52.74 million shares.

The suspension on regulated short selling was lifted on Jan 4 and Top Glove was one of the counters targeted by short sellers, pushing its share price to a low of RM5.23 that day, before it settled at RM5.50. Its trading volume soared to 347.86 million shares — the highest level seen since end-May 2018.

Subsequently on Jan 21, EPF became a substantial shareholder again after 19.46 million shares were returned to it.

The question is, why did it lend out the shares to be shorted, leading to lower prices for the counter and ultimately, a lower value for its own investments.

While the EPF perhaps earns a fee for lending the shares, it is likely to be minimal. Is it worth the write-down in its investment in Top Glove?

Top Glove is, however, just one of the many stocks the provident fund has in its investment portfolio. Wouldn’t it make more sense for EPF to just sell the shares and buy them back later at a lower price?

A brilliant article- bravo!

https://klse.i3investor.com/blogs/FEIMAOINVESTBLOG/2021-01-31-story-h1540246487-1_year_profit_of_Supermax_now_is_equivalent_to_its_40_years_of_combined.jsp

another Interesting article.

https://klse.i3investor.com/blogs/FEIMAOINVESTBLOG/2021-01-31-story-h1540246487-1_year_profit_of_Supermax_now_is_equivalent_to_its_40_years_of_combined.jsp

Glove sector will shine for many many years.

Here are some sobering facts-

1-The virus mutates all the time.

2-The vaccine would cause it to mutate towards a version that escapes the immune response generated by the vaccine.

3-Unless everyone in the world gets vaccinated at the same time, there is no way to eradicate the virus.

Glove sector will shine for many many years.

Her are some sobering facts-

1-The virus mutates all the time.

2-The vaccine would cause it to mutate towards a version that escapes the immune response generated by the vaccine.

3-Unless everyone in the world gets vaccinated at the same time, there is no way to eradicate the virus.

---------------------------------------------
Well said Bro @Pharker

1) recovery is coming fast in 2021 (no longer valid now, just look at the trend of the banking counters which is the best proxy to recovery theme)

2) vaccine will be the miracle cure (no longer valid now, less effective than expected and problems in implementation)

3) covid spread will be contained just like that (no longer valid now as more variants of the new strain of covid keep mutating--just look at the no. of increasing cases in Malaysia in Jan 2021 )