If next Monday opens sudden high, some may be forced to lose all if doing short

U do not want your short position uncovered over this weekend, no one knows what big news will come out this weekend.

Last call to buy back before it is too late. JPM is running back to US.

The demand will still sustain.

https://www.bmj.com/content/375/bmj-2021-067873

For those who are waiting to do long, entry point now, volume surge also.
No more hesitation.

JPM clear off position before USD increases further, they are on the way back to US.
What your guys waiting for, cover your position and buy back before it is too late.

https://www.bloomberg.com/news/articles/2021-11-25/shanghai-sees-new-flareup-just-as-china-covid-outbreak-tapers

That is right, most of westerners do not wear masks and gloves. If situation worsen, they will start to wear and the demand will be rocket high.

No one can predict the future, shortiests also escaping recently. They may know the news beforehand. Cover your position before it is too late.

UK Sky news - The new mutation basically is pretty much different. Take care guys, wear mask and keep social distancing.The war is far from over.

https://news.sky.com/story/amp/covid-19-new-coronavirus-variant-b-1-1-529-identified-in-botswana-as-scientists-play-down-concerns-12478164

Buy Gold (physical), buy USD, buy glove stocks before it is too late.

News from Bloomberg - serious concern
https://www.bloomberg.com/news/articles/2021-11-25/who-meets-on-new-covid-19-variant-circulating-in-south-africa

https://m.economictimes.com/news/science/new-botswana-variant-is-most-mutated-version-of-covid/amp_articleshow/87912539.cms

EPF keeps selling all glove counters to fulfil withdraw requests from ppl.
Do not know what happen when these ppl really reach retirement age, then start to ask money again from garmen?

If you kiasi, simply do not trade, if you Kiasu wait for every cycle of economic crisis then buy.
Do not take IB analysts word seriously, regardless they ask you to buy or sell.
IB analysts all have their own agenda and only bother their own pocket, they do not care the retailers be it short or long.

Hehe

AI robot will kill all jobs from human if that is really developed so fast, not specifically just Med products. If you are a believer of such, can consider to dump all stocks already except AI robot companies.

Hope next time Grab delivery also no more use container just to be more environmental friendly. U can simply to receive injection of liquid food from robot.

This stock is the most very much manipulated across all glove counters. But to say the shortiests are really strong, it is always a personal choice how to proceed further from now.
It could reach JPM TP RM1.5, then JPM downgrade to RM1. It may also rebound.
Depends on your capability, filter the noise and make yourself your own master.

Hehe, one cannot speak for retailers unless him/herself hold TG as retailer

JPM says Kossan RM2 today already RM1.96. You choose what to believe lah. Some more JPM adjust the TP from time to time, also guess and check lah.

JPM rated for rm2, it goes below rm2 now. How much further it will drop? Guess the glove counters are all connected, unless some exotic story like US ban recently happened to Supermax.

It is very obvious shortiests are covering, retailers are selling and some retailers may be doing short as well for JPM to buy back. JPM also possibly got connections in EPF to sell for them, after all EPF buying cost lower and it is the ppl’s money not EPF boss money after all.

Hehe, guess some retailers start to cut loss and do short instead of long.
Exactly what JPM wants, we all know big sharks always do opposite when too many start to sell.

Shortiests desperate to scare retailers to cut loss so that they can collect cheap

Shortiests simply create fears to escape, the last episode for JPM to create stories.
They simply play guess and checks, adjust TP according to their strategy.
I think some of the comments here even better & more accurate predicted than JPM. Only one time prediction and that is it.

JPM smoke, they will be very happy to catch the seller to sell at loss now and escape.

It does not matter if rubbish or gold. Only matters when it is encashed. What lies underneath is only the opportunity cost, at which ppl can invest anything e.g. crypto ccy.

Like that anyone can predict lah, no need financial analyst. Every time new TP reached just simply adjust lower to cope with their strategy 3.5, 2.5, 1.5 …..
Playing guess and check meh.

Only EPF is helping shortiests to tangle, JPM is one of the main shortiests still creates fears with all sorts of stories.

Anyway, those weak holders already sold. The price now or future makes no difference for those still holding.

We will see how situation evolves in Dec 2021 onwards. Reshuffle on the way for those glove factories in China. They soon will slowly be phased out due to energy shortages and higher labour cost.

Looks like EPF gang with shortiests

Topglove max hold SBB can be 800 million (10% of total shares)
Existing SBB is 200 million (balance 600 million max to purchase)
Shortiests net short position 200 million.

Topglove can buy up all the shorted vol plus 400 million extra if they want to.

Good luck to all. Huat Ah. DYODD

1.5 does not seem impossible. Can short till then start to buy up trend.

Old news more than a month

Seems endless dropping any TP set by IB or individual is meaningless.
The Shortiests will not give up till retailers cut loss and let go.
The price has no more relevance to the stock value.

It will be much safer when the chart is clearly up trend, though you may miss to scoop from the bottom. Also top glove still at shortiests mercy unless something big happens.

Happy weekend to all.

https://apnews.com/article/coronavirus-pandemic-business-health-arrests-thailand-8e0af1b59e2f999ff4a60490d74a9163

It is not just bad, it has been badding for very long time liaw, does not matter anymore. The management not performing, allow 4% shortiests to manipulate and the shortiests already addicted to it by playing the same tricks.

2.5 already, Dr Lim sleeping. Go HK IPO also no one will subscribe, down trend all the way.

Gloves sector enters reshuffle stage. The strong ones will survive

There is threshold if the prosperity tax applied. Guess it will be good news if any company can still make so much.

2022 budget, tax for the future. Till glove really can still makes that much, then talk. Beside this garmen also prata type.

Anyone can talk post event lah.

Heard China glove manufacturers recent quarter release result no good, this could be the main reason for recent down pressure

Reshuffle taking place for at least half to one year to filter out those weak glove producers

https://www.thedailybeast.com/cnn-millions-of-visibly-soiled-blood-stained-medical-gloves-shipped-to-us-in-thailand-factory-scheme

Supermax is the second Topglove, not only heavily shorted by shortiests but also sabo by shortiests lobbyist at US.

The glove will be still in demand for at least for another year. At this price, dividend for 2022 not need to worry.

Reshuffling will occur along the way, small glove factories will be phase out. China manufacturing will be impacted in the long term as they will crack down Low end production, high energy use and pollution industry.

Just collect along the way if you are new or long term investor.

China glove production impacted due to electric shortage, will see the result in one month

China really faces many challenges, despite the energy crisis last at least after winter, means next year March, the ever grand still under fermented. Foreign fund will flee to other emerging markets.

It is the tech and banking stocks could be higly impacted. Can mirror the history record from 2008. But unlikely, the congress will not approve, usually will be last minute as always. It is the US VS China tariff war people should be more concerned

Actually, I personally think this will be a credit to those cash riches company, especially those heavily shorted ones, the FI need to square off their position.

All the retailers, join to short glove. Together with JPM, short to make money together.

Yes, it is the 2.5. No doubt Liaw. Congrats to Dickyme

1 coming