Don't play, play with Tan Sri......... he's going to fight the IBs until they go bust.
Don't underestimate Topglove's financial power. All banks in Malaysia are willing to give more money to Topglove if necessary. That's the power of Topglove, better profits than Maybank .

It's not manipulation. They know it's undervalued. And they have unlimited funds.

They will do share buybacks at the end of everyday to support the price and then announce once a week.
So no worries.

That's why you don't have to worry about Topglove share price falling.......they have almost unlimited cash available to support.

Topglove has at least RM 3 billions available to spend and buy.....who dare to sell?

Tomorrow Topglove up 20 sen.........big share buybacks waiting.

KYY says Supermax is much better than Topglove.......

The market can crash but not Topglove.

10 billions profits next year......no problems to buy back shares at whatever price. Can support easily.

Even if the market crash, if Topglove is up, why worry?

Tan Sri will make sure Topglove remains in the green...... don't worry.

Topglove can buy all the IBs out.......we are protected.

Topglove has plenty of funds.....at 1 billion to do share buy backs......so why you have to worry?

Topglove may spend another 500 millions to do share buy back......no worries.

One day KYY said Topglove is better than Supermax..... today he says Supermax is better than Topglove.
What will he say tomorrow ?

If you are blaming the IBs, you are barking up the wrong tree........in fact most IBs research reports are upping the target prices for gloves.

Huge over-capacities coming for gloves manufacturing........ the Big Four themselves are expanding non-stop while new gloves players are rushing in like nobody's business. What's the future for gloves stocks then after 1 year or so , especially if a vaccine comes up ?

The problem with gloves sector is that every Tom Dick and Harry are into gloves manufacturing now, including the Big Four themselves......so over-capacities is for sure already. Vaccine is not the issue.....over- capacity is the issue.

KYY quietly selling........

KYY already sold......he will tell you next week.

KYY tells you to remain calm and buy more gloves stocks........ ( he will tell you next week that he had already sold all his gloves stocks.)

The selldown has just begun......

Run........KYY selling.

Wait for margin calls to be finished first.

Probably KYY under margin call.

They may start share buybacks up to 400 millions anytime soon.

KYY said Warren Buffet may start to buy Supermax and Topglove.

KYY will sell Supermax and buy Topglove .

After 4.00 pm.share buybacks start until 5.00 pm

Share buybacks coming...... don't worry.

After 4.00 pm share buy back of 300 millions expected.

Don't worry.... limit up at 4.00 pm. ....share buy back again.

Limit up at 2.30 pm.

Congrats everyone......we are going to be very rich afterwards.

LewisLewis also KYY: I sold all my TG shares and bought Supermx
17/09/2020 10:21 AM

When KYY tells you to buy, he's quietly selling it to you.......

One day KYY said Supermax is a lame duck stock...... today he says in his blog Supermax is the best stock to buy...... and he also said today that we must ignore short term price fluctuations and think long term.
What kind of man is that who twists and turns by the day???

.......old fox KYY now try to talk up SUPERMAX. Last month he talked down SUPERMAX. Can he be trusted??? He's no different from Macquarie's analyst.

ttps://klse.i3investor.com/m/blog/koonyewyinblog/2020-09-14-story-h1513490328-Supermax_my_target_price_Koon_Yew_Yin.jsp?fbclid=IwAR25-Pky4MtBktq-Tt8CUZNWi6KGO8colKxF6OBcl11WUbKIvMZCDOOnqtI

Winter coming....... another coronavirus spike in winter will push up glovemakers share prices.

First of all, a vaccine will take sometime to come. Then, the next question is how many people will be willing to be vaccinated even if it comes..Then......does it mean that with vaccines, people can do away with gloves???

The situation now is this.....Supermax is now under a structural change into super profits and its share price has shot up like a rocket that scared a lot of people.
But, is the price increase fundamentally justified? What's the forward PE ratio....? Is it ridiculous? We should think this way. The market is not stupid.

Supermax is now in the international radar of investors bcos it's one of the rare jewels in the world producing astounding profits and still under-priced by international standards. Its forward annualised PER is now only 18 times. And that's only taking into account the latest quarter results which still have not fully benefited from average selling price increases in the coming quarters. Which means the real forward PER could be around 13 only! This is dirt cheap for US fund managers who are used to PER of 50 to 80 for companies with expected high profit growth.

Vaccine or no vaccine, rubber gloves demand will still be on an uptrend......they will be still be very much needed.

Let's be honest to ourselves. Say if a covid-19 vaccine is available in Malaysia today, will you want to be vaccinated since it's a new vaccine with unknown long term effects? Would you want to take the risk?

I think most people still don't realise that rubber gloves industry has undergone a fundamental structural change where consumption of rubber gloves will keep on rising faster than supply capabilities for many years to come. This is bcos rubber gloves are classified as medical devices and need to meet stringent quality control conditions before FDA approvalds are given in Europe, America, Japan etc

The brilliant fund managers hope for more retards like JF Apex and Ambank....

The selldown initiated by the retarded JF Apex Securities and Ambank Research gave the brilliant fund managers a golden opportunity to buy up SUPERMAX.

Many people, including the IBs, still don't realise that the coronavirus pandemic is a once in a century event that has structurally changed the global landscape for gloves demand...... even if vaccines are developed. Which means, even after the pandemic, world demand for gloves will be much higher than pre- pandemic times. Therefore the rubber gloves business model is seeing a once in a century structural change. Many still don't realise this and are only seeing one year ahead at the most.

Whatever the case, it's institutional funds buying. Retailers are not that big .

The biggest risk to gloves shares now is for another " clever" IB to write another article to say that gloves shares are already over-valued and everyone should sell now.