The retailers shortiests can continue to short, the ones want to buy wait for clear up trend.

https://www.google.com.sg/amp/s/themalaysianreserve.com/2021/09/22/glovemakers-unlikely-to-pay-windfall-tax-as-asps-fall/amp/

Quote
MALAYSIAN glovemakers don’t expect to pay a windfall tax as the industry is reinvesting in new capacity, as the average selling prices (ASPs) of gloves are on a downtrend and likely to erase the exceptional gains the industry has been able to pasted in the past twelve months or more.
Unquote

The rebound seems not solid enough, maybe too many retailers shortiests, the big boss wants to shake them off

The rebound does not seem to be solid, actunot solid at all

If really drop to 2 or below. This will be really a good stock to hold for long. At Tan Sri has a good intention always give dividend.

Wait till net short position drop to 0.2%. Now 3%

Even Serba up trend Liaw. Do not know what TG doing.

Wait at RM3.5

Really laosai stock

Super mad max. Who can save?

All glove counters are sink boat, jump to other counters lah

Unbelievable, @ “Dicky me” your 2.5 coming soon

This stock is like COVID 19 now endless hopeless.

Desperate counter, I already start to do short.

Looks like going to 1.5, those want to make money can do short. Short heavily.

Hopeless

If today not closing 2.87, it is also on the way soon. They make it drop bit by bit make you feel like a frog in warm water do not wAnt to leave.

Seems RSS ban only rumours, never see any solid reference.

Really all the way to Holland liaw

I think only rss ban can stop the falling. The shortiests just too strong. They will short bottomless.

Endless dropping, can sweep under carpet Liaw.

The chart seems like TG is going bankrupt. TG management sleeping

This forum now becomes Topglove hatred avengers. Haha

Wait after XD first then see lah.

Just leave the hand in market Liao. See this counter in one year. Sayonara

Forget to say, once TG starts buy back, the rest main share holders will follow.
Watch the show from next Monday onwards.

10% buy back + Shortiests 200 million. That is close to 1 billion shares. TG will thank shortiests to push so Low for it to buy back and use for HK listing.

If rSS ban also coming, oops…

https://imgur.com/vAX0Sy5.gif

Topglove will buy up to 10% of its own shares. You cheap cheap sell, TG now can eat and use later for HK listing Liaw.

Bought some at 3.03. Haha

I think China now cases on the rise. This is the only land, COVID yet to spread widely compared with India.

At Sg seems shortiests are buying, retailers panic sell. Price appx 3.1.
Maybe tan Sri lim also buying. Haha…

Do not worry lah, shortiests will short as they like, there is nothing you can do.
Let them short 500 million. See what will happen. But you sell at your own list.
After all it will be just numbers if you do not realise them.

TG needs to reverse the down trend before listing in HK, no one I HK dare to subscribe if the stock falls on down trend.

Just scooped 5 lot. Rebound for Kossan .

TG shall announce on Friday to buy back 1 billion share at 5.1

Unless Friday TG announce some big news other than financial results. Otherwise just hold bullets. However tomorrow PH, for those who do not want to miss the chance and dare to take some risk. Can consider to Chiong some before EOD, in the last 15 min.

Supermax become mad max. Boss should consider to buy back with so much cash on hand. Once buy back keep in hand for while.

The shortiests will only start to buy back when retailers cut loss or another big boss step in doing the opposite.

The price itself is worth holding for long term in next 2 years.

Another 10 lot queuing at 3.15.

Time to accumulate

Bought 20k at 3.16

If retailers not sell, shortiests keep on pushing down the price. Till………some big boss come in start to collect cheap. Shortiests then have no choice to buy back with the same volume.

The question is can retailers be so United not to cut loss?

If you love someone, ask him/her to Topglove.
If you hate someone ask him/her to buy Topglove.

After all timing is all it is about.

Endless dropping, the shortiests really has deep pocket and network

@khatulistiwa1234 I just bought some to save your pennies.

Human rights/Labour force are used as political tricks in playing. This is well known.
Go to some real developing countries, you will understand better.

It is not the price the shortiests trying to manipulate anymore. It is the sentiment they have to take in control. If reversed, it will go up too fast for them to cover, they will by all means need to surpress. Especially after the CBP ban lifted.

One thing for this stock to take note, with constantly 200 mio net short position and price fluctuations. It is not the shortiests main goal to manipulate the price, their main goal is to manipulate the sentiment.

It does not matter any more. At this price, no matter the dividend, it is good to test water for entry.
Also just look at the volume being shorted, once the short position is covered it will sure bypass this current level. We talking about close to 200 million short position.
Of course the ASP, already goreng more than half a year already. Plus we know the virus will stay with us till do not know when.

I bought 10% now, will buy another 10% before Sep 17. Then after see if need to catch up more.