Totally agree with you @Vairocana
----------------------------------

The RECOVERY THEME IS NOT SUSTAINABLE when the pandemic situation is still severe and getting worse.

The funds will throw all the tickets once it reach PRE-COVID LEVEL AND 52 WEEKS HIGH. THEY KNOW THE GAME WELL.

Entering 2021, many would have get caught and realised now that the GLOVE SECTOR IS STILL THE most profitable in 2021.

Regarding RSS and Market Maker's SS, I PRESUME these big players will HAVE NO CHOICE BUT TO HEDGE their funds by RSS the RECOVERY STOCKS TO MINIMIZE THEIR LOSS IN THE GLOVE SECTORS ONCE THE REVERSAL TREND STARTS, since they realized that they are SHORTING THE WRONG COMPANIES WITH STRONG FUNDAMENTAL, WITH INCREASING PAT IN EACH QUARTER, AND HUGE PILES OF CASH, AND PAYING 14% DIVIDEND ANNUALLY (TG).

Ask yourself these questions:

1. What will happen to the recovery stocks when these big guys RSS 4%, STARTING TOMORROW TO HEDGE THEIR LOSS IN GLOVES, SINCE THEY KEEP ON SHORTING THE BIG 4?

2.What will happen when the BIG 4 INITIATE SBB and some SMART FUNDS START BUYING THE BIG 4 AGGRESSIVELY since SO MANY IBS CONCLUDE THAT GLOVE SECTOR IS STILL THE BEST BUY IN 2021-2022?

3.For those still HOLDING RECOVERY STOCKS, CAN YOU HOLD TILL 2023 WHEN PANDEMIC SUBSIDES GRADUALLY?

REMEMBER, THIS PANDEMIC IS DIFFERENT THE PAST. IT IS ONCE A CENTURY PANDEMIC.

Hi A Pang nice to hear from you.Thanks. Just teasing - it has got to be GLOVES.

Accumulate recovery stocks?

Be prepared for Partial Lockdown soon!
--------------------------------------
Things are not getting better as the infection rate is projected to hit 5k daily if no immediate action is taken.

If no action is taken, our hospitals will be overflowing with new patients and our frontliners unable to cope. The healthcare system will just collapse.

Partial lockdown is therefore imminent.

At this point, we dont' know when!

But it's coming!

Ooops apologies Bro TGbee. I was just being conservative.
-------------------------------------------------------
Posted by TGbee > Jan 7, 2021 5:15 PM | Report Abuse

@goldberg .. at least PAT 1.2 b la for 2qr 2021... ... 4qr 2020=389, 1st qr2021=789

If not mistaken they are at the White House last night doing what they do best ie RIOTING.

Posted by Trump2020 > Jan 7, 2021 5:04 PM | Report Abuse

Where are the glove rioters ?

I believe SUPERMAX has turned the corner and on its way up, slowly but surely.

3 green days so far augurs well for an uptrend.

2 weeks to go before an announcement to be made on explosive PAT of RM1 billion for the 2nd Quarter 2021.

Hey IBs, you short this stock at your peril.

Spot on my Lord.

Posted by Edgelord > Jan 7, 2021 1:15 PM | Report Abuse

If Supermax US is listed on NYSE or NASDAQ I can finally fuck off from Bursa the casino and be a Robinhooder...

Just 2 quarters ( 6 months) of SUPERMAX Profits will enable SUPER to cover the cost of setting a massive factory in Delaware USA costing RM2.2 billion.

RM1.1b x 2 = RM2.2 billion.

I reckon this Massive project in USA by SUPERMAX is tied with a long term agreement with the US government to ensure America will never suffer a shortage of medical Gloves.

This is Guaranteed long term sustainable profits for SUPERMAX for many years to come.

This good news is yet to be factored in SUPERMAX share price.

There is a possibility of listing SUPERMAX INC. in Wall Street - NASDAQ

Supermax - The pride of Malaysia.

------------------------------

https://www.orientaldaily.com.my/news/international/2021/01/07/385201

Yes ! biden hometown Delaware...Supermax big investment RM2,200,000,000 into USA Delaware will definitely safe.and smooth !

Supermax is expected to announce a all time high of at least RM1 billion PAT for the 2nd Quarter.

Banks can only dream of this for the next few years.

Posted by Ryan83 > Jan 7, 2021 10:22 AM | Report Abuse

Waiting for Supermax 2nd QR announcement next 2 weeks another record high profits RM1.1billion and EPS 40sen.

FAVOURABLE sentiments towards GLOVES are fast returning.

RECOVERY STOCKS can Ta Pau @ Bungkus.

A V-Shaped recovery for GLOVES is on the cards especially-

SUPER to the MAX.

Huat Arrrr

Big funds and retailers are back and CHASING gloves after CHASING FEEBLE RECOVERY STOCKS


SOLID FUNDAMENTALS in GLOVES TRUMPS ALL


By the way its TREND REVERSAL FOR SUPERMAX


Huat ARRRRR

Rumours swirling that Lockdown in 5 states from 18th jan to 31st jan an and may be extended further.

Hospitals just couldn't cope with the massive rate of infection
------------------------------------------------------------------
Posted by Parrot > Jan 7, 2021 9:44 AM | Report Abuse

Once MCO announced, that's it..Gloves rule..

RECOVERY play in tatters.

Yup, time to move on to greener pastures ie GLOVES particularly SUPER to the MAX.


Huat Arrr

SMART Funds fleeing Recovery stocks and flowing back to FUNDAMENTALLY SOLID glove counters.
=====================================
Here are the reasons -


1-Mutations may render Vaccines ineffective.

2-Revovery play is waning as the much anticipated recovery may take years and some may never recover.

3) Banking sector downgraded by Fitch- Finance counters led the big falls today as expected as the are overvalued and outlook bleak.

4-As long as Covid persist, recovery will be weak.

5-GLOVES is still the best sector as long as Covid still persist.

6- Vaccines are not silver bullets.

7- Fantastic valuations. Glove makers will continue delivering impressive results in the coming quarters.

8-A slew of upgrades by IBs on the bright prospects of glove manufacturers after an unwarranted selldown that rendered them super attractive.

Gloves still the best sector in Bursa in years and years to come.

GLOVE demand and ASPs are still holding up well, considering the change in consumption pattern and heightened hygiene awareness.

It's time for recovery players to take profit and comeback to sound investments ie GLOVES

Return of MCO-style lockdown on the cards as daily cases set to spike-

Expected date - 18th Jan to 31st Jan and extended if necessary.

---------------------------------------------------------------------
A stricter MCO could be imposed in Penang, Selangor, Kuala Lumpur, Melaka, Johor and Sabah, which have been reporting high daily infection rates.

This maybe the only option as hospital couldn't cope with massive rise in Covid 19 infections.

MalaysiaNow

Jan 6, 2021

Glovefinish as requested, here you go, don't miss the boat ya. Last call.

The smart money is flowing back to glove counters.
=====================================
Here are the reasons -

1- A wave of lockdowns in Europe and possibly in USA

2-Mutations may render Vaccines ineffective.

3-Revovery play is waning as the much anticipated recovery may take years and some may never recover.

4) Banking sector downgraded by Fitch- Finance counters led the big falls today as expected as the are overvalued and outlook bleak.

5-As long as Covid persist, recovery will be weak.

6-GLOVES is still the best sector as long as Covid still persist.

7- Vaccine is not a wonder drug.

8- Fantastic valuations. Glove makers will continue delivering impressive results in the coming quarters.

9-A slew of upgrades by IBs on the bright prospects of glove manufacturers after an unwarranted selldown that rendered them super attractive.

10- Gloves still the best sector in Bursa in years and years to come.

The rollout of Covid-19 vaccine has greatly dampened the sentiment on glove counters; however, we highlight that glove demand and ASPs are still holding up well, considering the change in consumption pattern and heightened hygiene awareness.

It's time for recovery players to take profit and comeback to sound investments.

Glovefinish fyi, I'm a retiree- I have no income Bro regardless of lockdown.
-----------------------------------------------------------------------
Posted by glovefinish > Jan 6, 2021 11:47 PM | Report Abuse

Goldberg, don't worry government sure would have other ways and solutions but not the totally lock down because government realise its negative impacts. Anyway they do sure would allow economy activities ongoing otherwise government and all the people including u no income.

Hope the GLOVE shorties lose their pants here in Bursa.
-----------------------------------------
Tesla short sellers lost $40 billion in 2020

By Chris Isidore, CNN Business

Elon Musk's net worth soared like one of his SpaceX rockets, increasing by more than $100 billion. And his loudest critics, aka investors who shorted Tesla (TSLA) stock on the assumption the share price would go down, lost a record $40.1 billion betting against him, according to analysis by S3 Partners.

Those critics, with whom Musk has had a very harsh, very public war of words over the years, stood to make a healthy return if Tesla shares dropped in value, but risked big losses if the stock continued to gain.

And, boy, did it gain, rising 743% during the course of the year and the shorties lost their sanity.

Return of MCO-style lockdown on the cards as daily cases set to spike
---------------------------------------------------------------------
A stricter MCO could be imposed in Penang, Selangor, Kuala Lumpur, Melaka, Johor and Sabah, which have been reporting high daily infection rates.

This maybe the only option as hospital couldn't cope with massive rise in Covid 19 infections.

MalaysiaNow

Jan 6, 2021 5:40 PM

If MCO is declared, the first to pee in their pants will be the SHORT Sellers @ SHORTIES
-----------------------------------------------------------------------------------------
Short sellers have various costs to bear, the longer the price does not go down as hoped,with time depreciation, they will feel the heat.Once the facts and fundamentals of the stock reassert itself positively, it will be a scramble for them to unwind safely and quickly without incurring massive losses....

Recovery stock punters will start to panic with the spectre of another MCO looming.
-------------------------------------------------------------------------------

Posted by Geek2020 > Jan 6, 2021 8:27 PM | Report Abuse

https://www.malaysiakini.com/news/557881?utm_source=dlvr.it&utm_me...

MCO coming soon. Those who watched DG’s presser would know it is coming

The best thing you can do as a retail investor to counter shorties is to hold the ship.
--------------------------------------------------------------------------------------------

The only way such short selling pressure could subside would be if the price doesn't fall too much. Every time the exercise is repeated, the short seller stands to sustain significant losses if they are unable to buy back the shares before a certain date. Of course buying back the shares of itself will cause the price to increase. Thus, the exercise is a sum-negative for the short seller as they usually have to pay a fee to borrow the shares and sell them. In other words, with other things equal, if market activity goes as per normal, the short seller should lose.

Short selling pressure doesn't affect a company's earnings prospects in any way. Thus, if you have bought the shares at a higher than the current market price, considering that price fair for the corresponding earnings the company generates, there is no reason to sell the shares only because the price might have fallen as a result of short selling. On the contrary - this might be a good opportunity to pick up more of the shares and decrease your average acquisition price for the stock.

Correct ! You keep short-ing we keep long-ing
------------------------------------------------

glove bosses message to shorties:

┌∩┐(◣_◢)┌∩┐

you keep shorting, we keep going long!

The smart money is gradually flowing back to glove counters.
==========================================
Here are the reasons -

1- A wave of lockdowns in Europe and possibly in USA

2-Mutations may render Vaccines ineffective.

3-Revovery play is waning as the much anticipated recovery may take years and some may never recover.

4) Banking sector downgraded by Fitch- Finance counters led the big falls today as expected as the are overvalued and outlook bleak.

5-As long as Covid persist, recovery will be weak.

6-GLOVES is still the best sector as long as Covid still persist.

7- Vaccine is not a wonder drug.

8- Fantastic valuations. Glove makers will continue delivering impressive results in the coming quarters.

9-A slew of upgrades by IBs on the bright prospects of glove manufacturers after an unwarranted selldown that rendered them super attractive.

10- Gloves still the best sector in Bursa in years and years to come.

The rollout of Covid-19 vaccine has greatly dampened the sentiment on glove counters; however, we highlight that glove demand and ASPs are still holding up well, considering the change in consumption pattern and heightened hygiene awareness.

It's time for recovery players to take profit and comeback to sound investments.

KEY TAKEAWAYS- TOP GLOVE - AGM HELD TODAY
===================================
1) Compounded increase - It means that this current quarter and next quarter will also increase by 30% for each quarter;

(i) 1-3 month increase by 10% every month;

(ii) 4-6 months increase by another 10% every month;

2) Illustration: - Assuming last quarter's selling price was at USD80 for normal order, it will be selling now at: -

(i) January (+10%) = 88usd

(ii) February (+10%) = 96.80 usd (iii) March (+10%) = 106.60 usd

(iv) April (+10%) = 117.20 usd (v) May (+10%) = 129.90 usd

(v) June (+10%) = 143 usd

3) Hence, from USD80, it will increase till USD143 per ctn = 58% increased;

4) For Spot Order, the increase will be more severe. Assuming last quarter's selling price was USD120, the increased will be by 58% = USD189.60 per ctn!

Thanks for your brilliant writeup.

Just ignore the clowns, they will always be clowns.

Looking forward to more write-ups from you.

South African SARS-CoV-2 Variant Alarms Scientists
=====================================

An additional mutation in the spike protein of the coronavirus may help it elude antibody recognition, and scientists are investigating if current vaccines will protect against it.

Scientists are testing if COVID-19 vaccines will protect against newly identified UK and South African SARS-CoV-2 variants, both of which contain an unusual number of mutations compared to other variants of the coronavirus. These mutations are concentrated mainly in the segment of the virus’s genome that codes for the spike protein, which the Pfizer/BioNTech, Moderna, and Oxford-AstraZeneca vaccines each build immunity to.

Well said Ben Tan- A sobering reminder to all specially the hardcore naysayers- Habisglove & Glovefinish
-----------------------------------------------------------------------


"see2sea sorry to say..no more catalyst..even lockdown..human still need to work and company still running..every country will recover in the presence of covid."

Unfortunately (and I say unfortunately, because this is very bad news for every human being), the case is exactly the opposite. The economies of the world are by now severely scarred. This means that there is very little space for further heavy lockdowns. That is the reason why the lockdowns imposed this winter in Europe were imposed only after a very long deliberation, because these lockdowns will afflict an enormous economic damage on the countries. The economic costs of every single day of lockdown are unimaginably huge.

In other words - yes, people need to work, and the economies need to operate, which would lead to a heavier burden for the healthcare systems in the world over the next 9-12 months. May God (whichever god any of us believes in) help us all.

Glovefinish/habisglove. they are all syndicates behind the scene to spread fear.
========================================================
Look at their comment history, only 1 counter they are attacking, it's an organized assault in which they open specific accounts to target specific counters. think about it, why glovefinish/habisglove never talked at TG/Harta/Kossan and any other gloves forum? they have their colleagues there taking care for them.


So retailers beware!

The smart money is gradually flowing back to glove counters.
==========================================
Here are the possible reasons

1- A wave of lockdowns in Europe and possibly in USA

2-Mutations may render Vaccines ineffective.

3-Revovery play is waning as the much anticipated recovery may take years and some may never recover.

4-As long as Covid persist, recovery will be weak.

5-GLOVES is still the best sector as long as Covid still persist.

6- Vaccine is not a wonder drug.

7- Fantastic valuations. Glove makers will continue delivering impressive results in the coming quarters.

8-A slew of upgrades by IBs on the bright prospects of glove manufacturers today after an unwarranted selldown that rendered them super attractive.

The rollout of Covid-19 vaccine has greatly dampened the sentiment on glove counters; however, we highlight that glove demand and ASPs are still holding up well, considering the change in consumption pattern and heightened hygiene awareness.

It's time for recovery players to take profit and comeback to sound investments.

Fundamentals are not damaged, oversold, analysts call to buy glove stocks
------------------------------------------------------------------------
(Kuala Lumpur, 5th) As the fundamentals of glove stocks are still intact, and capacity constraints have led to higher average product prices and tight supply, it is expected that the performance of the next few quarters will remain bright. Analysts believe that the field has been unreasonably sold, so they shouted Buy glove stocks.

Direct Translation from Nanyang Press- Really hilarious-( word for word translation )
lol

EPS comparison of 4 largest glove companies
================================

Today all the glove stocks rebounded. Investors should be interested to see the EPS and share prices of the 4 largest glove makers for comparison so that they can select the best stock to buy.

Among all the stock selection criteria such dividend yield, cash flow, NTA, debt etc the most powerful catalyst to push up share price is EPS growth rate.

For example, currently most of the property companies are selling below their NTA even though they may have healthy accounts. The share prices of property companies remained depressed because they do not have profit growth prospect. As you can see, there are so many unsold properties everywhere.

When an investor buys a stock, he expects to earn from share price increase and dividend. As almost all the listed companies do not give out more that 5% per annum, he can only make profit if the share price goes up. The share price can only go up if the company continues to report increasing profit. Supermax has gone up the most because it has the best profit growth rate.

Name............latest price.....up........EPS..........Quarter ending

Top Glove.......Rm 5.72...+22sen....29.64.............Nov

Hartalega.......Rm 10.62..+12sen.....5.95sen........Sept

Kossan...........Rm 4.05....+11sen......3.6sen.........Sept

Supermax......Rm 5.86....+35sen.....30.58sen......Sept

Supermax reported EPS 30.58 sen for 1st quarter ending September. It made 100% more than its previous quarter. Supermax profit for its 2nd quarter ending December should be another new record high.

SUPERMAX will report its 2nd quarter result in Mid-January.

The smart money is gradually flowing back to glove counters.
==========================================
Here are the possible reasons

1- A wave of lockdowns in Europe and possibly in USA

2-Mutations may render Vaccines ineffective.

3-Revovery play is waning as the much anticipated recovery may take years and some may never recover.

4-As long as Covid persist, recovery will be weak.

5-GLOVES is still the best sector as long as Covid still persist.

6- Vaccine is not a wonder drug.

7- Fantastic valuations. Glove makers will continue delivering impressive results in the coming quarters.

8-A slew of upgrades by IBs on the bright prospects of glove manufacturers today after an unwarranted selldown that rendered them super attractive.

The rollout of Covid-19 vaccine has greatly dampened the sentiment on glove counters; however, we highlight that glove demand and ASPs are still holding up well, considering the change in consumption pattern and heightened hygiene awareness.

It's time for recovery players to take profit and comeback to sound investments.

Well said, Andreatan.

Those ppl keep saying gloves stock will plunge until 3 to 4. They have no analytical mind and only look at the current downtrend. Simply make prediction.

Never even bother to look at supermx’s total earning. They have earned 3.11 billion and just recently on 21st December they incorporate new subsidiary in US.

Spot on.!

The hot money is started to gradually flowing back to glove counters, i believe.
It's time for recovery players to take profit and comeback to sound investments.
No matter how you fantasize about the earning (or loss) recovery stocks, you me and him all knows there ain't no recovery as long as Covid still persist.

No change to SUPERMAX fundamentals
=====================
Still sound and getting better.

Fundamentals for the glove makers remain SOLID.

SUPERMX will to continue delivering impressive results in the coming quarters.

We see an upward ASP trend as the rubber glove supplies continue to be tight due to capacity constraints.

SUPER to the MAX- the best in Bursa.

Supermax is expected to announce a PAT of RM1 billion for the 2nd Quatre in 2 weeks time.

Well said Bro- yup some recovery stocks may have to rest in piss oops peace.
-------------------------------
Posted by Eikoner > Jan 5, 2021 3:55 PM | Report Abuse

The hot money is started to gradually flowing back to glove counters, i believe.
It's time for recovery players to take profit and comeback to sound investments.
No matter how you fantasize about the earning (or loss) recovery stocks, you me and him all knows there ain't no recovery as long as Covid still persist.

With the new wave of Lockdowns in Scotland, England and Germany , and with covid spreading with ferocity across Europe, more countries will be forced to impose strict lockdowns

USA may be next in line to be locked down.

Malaysia could also be next mind you

Just a sobering truth about this scary biological warfare.
------------------------------------------------------------------
Posted by Markv572421 > Jan 5, 2021 3:29 PM | Report Abuse

Again tomorrow, gloves specially Supermax & topglove expected to limit up ...all the best guys !!

Dividends in the form of shares were given to Supermax shareholders.

Your claim that no dividends were given is incorrect. Thank you.
================================================

Posted by Winner88 > Jan 5, 2021 1:50 PM | Report Abuse

Supermax made big profit but if didn't gv dividend, then no meaning to be shareholders.

Supermax reported 1st quarter ending Sept EPS 30.58 sen. Its previous was 15.29 sen. Its profit jumped by 100% because it could easily increase its selling price due the surge in demand for gloves. Based on this fact, its 2nd quarter result should be another record high profit. The company should make the announcement in mid-January.

Even if the company cannot increase its selling price its annual profit will be 4 X 30.58 = Rm 1.22. Based on PE10 it should be Rm 12.20 per share. Based on PE 15 it should be Rm 18.30 per share.

Germany to prolong shutdown as Covid-19 deaths surge
Author: Tan KW | Publish date: Tue, 5 Jan 2021, 12:32 PM
---------------------------------------------------------------
BERLIN, Jan 5 ― German Chancellor Angela Merkel and state leaders are expected today to extend a shutdown in Europe's top economy as coronavirus deaths continue to mount despite tough restrictions in the run-up to the holidays.

After Germany's daily deaths surpassed the 1,000-mark for the first time on December 30, pressure escalated to slow the spread of the disease which has claimed more than 34,000 lives.

Merkel and the premiers of Germany's 16 states are due to meet Tuesday, with regional leaders signalling that they would prolong the current partial lockdown beyond the January 10 deadline, probably until the end of the month.

Massive selldown UNWARRANTED- Public Bank Research

GLOVES VALUATION SO ATTRACTIVE NOW

================================

We are of the view that the extended selldown is rather unwarranted, considering that the fundamentals for glove counters are still intact and stellar results are still expected in the coming quarters, supported by rising gloves’ ASP and tight supplies due to capacity constraints. .

Vaccine is not a wonder drug. - Public Bank Research
====================
The rollout of Covid-19 vaccine has greatly dampened the sentiment on glove counters; however, we highlight that glove demand and ASPs are still holding up well, considering the change in consumption pattern and heightened hygiene awareness.

On a side note, with the new Covid strain that is reportedly faster spreading, the existing vaccines developed might not work as effectively in warding off the new strain, potentially prolonging the time needed to inoculate a sufficient percentage of the world population.

Hence follow the SOPs and keep safe.

Glovefinish is employed by syndicates behind the scene to spread fear.
========================================================
Look at his/her comment history, only 1 counter he/she is attacking, it's an organized assault in which they open specific accounts to target specific counters. think about it, why glovefinish never talked at TG/Harta/Kossan and any other gloves forum?

ID created just to SLAM supermax.

So retailers beware!

No change to fundamentals
=====================
Still sound as ever.

Despite the unwarranted heavy selldown on glove counters following the uplifting of RSS suspension, fundamentals for the glove makers under our coverage universe remain SOLID.

We expect the glove makers to continue delivering impressive results in the coming quarters.

We see an upward ASP trend as the rubber glove supplies continue to be tight due to capacity constraints.

So bad hearted person this lychee guy.
---------------------------------------
Posted by laychee > Jan 5, 2021 10:37 AM | Report Abuse

Indian genius and a Malaysian Chinese Datuk both said vaccine will fail.

You should pray that they are right.

Vaccine is not wonder drug.
====================
The rollout of Covid-19 vaccine has greatly dampened the sentiment on glove counters; however, we highlight that glove demand and ASPs are still holding up well, considering the change in consumption pattern and heightened hygiene awareness.

On a side note, with the new Covid strain that is reportedly faster spreading, the existing vaccines developed might not work as effectively in warding off the new strain, potentially prolonging the time needed to inoculate a sufficient percentage of the world population.

Hence follow the SOPs and keep safe.

MASSIVE UPGRADES ALL THE WAY AS GLOVES VALUATION ARE COMPELLING
THE MASSIVE SELLDOWN WAS JUST MADNESS
===================================================

05-Jan-2021 Price Target TA Securities maintains BUY for TOPGLOV. TP RM8.84
Source : TA, Price Call : BUY, Price Target : 8.84
Last Price : 5.66, Upside/Downside : +3.18(56.18%)

05-Jan-2021 Price Target Rubber Gloves - Attractive Valuations
Source : PUBLIC BANK, Price Call : TRADING BUY, Price Target : 7.30
Last Price : 5.66, Upside/Downside : +1.64(28.98%)

05-Jan-2021 Price Target Top Glove Corporation Berhad - Cherry on Top
Source : MIDF, Price Call : BUY, Price Target : 8.29
Last Price : 5.66, Upside/Downside : +2.63(46.47%)

05-Jan-2021 Price Target Top Glove - Special dividend of additional 20% payout for 2Q-4Q
Source : HLG, Price Call : BUY, Price Target : 11.05
Last Price : 5.66, Upside/Downside : +5.39(95.23%)