Many misunderstood net short positions. It means stock has been sold. They need to buy it back. So if the level consolidates, they will have to buy. Worse still for short positions is when there is sudden movement upwards. You can see this pattern a lot in Tesla

To all those invested in gloves. Stay the course. FA is there and it will prevail. Charts has got primariy trend and secondary trend. Primary trend for gloves is bull but vaccine news, JP Morgan and profit taking has caused secondary downtrend. After downtrend subsides, fear will subside too. TA is basically market sentiment and psychology. After a secondary downtrend, primary bull will always prevail.

Just ignore the full time
Negatives here. My suggestion is to leave your glove stock be.. it will take care of you.

Dont also underestimate retail money now. You saw CIMB’s report today. Retail pool is getting bigger. Retail money is also getting smarter.

Glovefinish. You are biased. Your pseudonym also already suggested that.

Year end funds naturally need to lock profits. 2021 they need to reach 2021’s KPI. Have to buy again. The show will start after 21/12 repositioning. Funds saw the quick opportunity to make money through vaccine optimism and recovery theme but it will plateau at this area because retail investors are not buying tht story. Local Funds realizes that if they want to make big money, they need to come back to gloves. This is where the money is. Im sure you and friends know that. That is why day and night you are here. But local funds need to understand that Supermax is different now. When you build big factories in US and UK at this times, you are bound to attract attention from big guys there. Why your think even Reuters picked the news? Im doing my best to just give a hint.

French President tested positive for Covid.

Nonsense. Just check the biggest loser on Bursa today. What recovery you fellas talking about. Look here, retail investors are becoming savvy nowadays. Institutional local funds may have moved to banks for rotational play but if you go through Topglove’s EPF selling data, Templeton foreign funds that manages EPF moneg actually bought Topglove. In order to push price higher, institutional funds need help of retailers. Savvy retailers are in gloves and it will be hot for some time to come. They know that. That is why gloves can move a lot in days. So we need each other. Insti funds will move into gloves after rotation in banks are over.

Currently, IB is trying to lure as many retailers as they can do dump gloves and chase recovery. But You can see the recovery theme is losing steam.

So, just wait patiently. Its a waiting game but we have an advantage. Fundamentals

Nonsense. Just check the biggest loser on Bursa today. What recovery you fellas talking about. Look here, retail investors are becoming savvy nowadays. Institutional local funds may have moved to banks for rotational play but if you go through Topglove’s EPF selling data, Templeton foreign funds that manages EPF moneg actually bought Topglove. In order to push price higher, institutional funds need help of retailers. Savvy retailers are in gloves and it will be hot for some time to come. They know that. That is why gloves can move a lot in days. So we need each other. Insti funds will move into gloves after rotation in banks are over.

Currently, IB is trying to lure as many retailers as they can do dump gloves and chase recovery. But You can see the recovery theme is losing steam.

So, just wait patiently. Its a waiting game but we have an advantage. Fundamentals!

Press all they want until 21/12. Supermax is making good progress overseas and catching many eyes in Uk and Us. Foreign funds will come in in a big way.. we wait patiently for Christmas present

Good news that institutional funds went to banks. After recovery theme, they will come back to gloves. They known growth is in gloves in 2021. Once they come in, you will see a nice movement

Only one day slight profits taking, dogs are out barking again. If you dont have confidence in gloves, why dont you just please leave.

With the Reuters news piece, im sure foreign funds will be looking at malaysian rubber gloves.. the sell down is probably a blessing. Gearing up for the next phase

Its the same. Just that we are seeing foreign fund pool is getting smaller hence it allows price swings due to heavy local IB and retail participation. But stock price will move according to earnings.

If you can follow a bit of data, follow the earnings. I subscribe to the notion that sooner or later, earnings will make or break investment in equities. What a stock price today, tommorow or next week is just a distraction” Peter Lynch page 13, One Up on Wall Street

If you can follow a bit of data, follow the earnings. I subscribe to the notion that sooner or later, earnings will make or break investment in equities. What a stock price today, tommorow or next week is just a distraction” Peter Lynch page 13, One Up on Wall Street

We all know vaccines will be ouf end of this year dur to political pressure. It was supposed to be out even before US elections. Even now its only for emergency use. The vaccine itself doesnt stop transmission according to Pfizer’s CEO. It only lessen the severity of symptoms.

Raw material and all that have been explained. Do is all a favour. Read textbooks. Peter Lynch’s One Up on Wall Street is a good read. Easily understandable.

Earnings are everything. Prices will sway up and down but always will move in tandem
With earnings.

That is what the companies are stating as facts. Id rather believe them because they are accountable to what the state to SC, Bursa and shareholders . Unlike you, who are you? Nobody knows. Just someone hiding on a pseudonym and spreading uninformed theories on a folly of your own..

Every day they come out with new IDs. I think this is the same person.. desperados..

Try harder Swagger855. Your analysis is premised on pure assumptions.. the companies have repeatedly said that increase raw material prices will be passed to the customers like many business. When oil price went up like time, we ended up paying more for roti canai. Mamak dont absorb it on him. Basic economy..

Aiya 2 hari sudah naik. Satu hari mini profit taking. Mana boleh ada hari hari naik..ini bukan goreng

Aiya 2 hari sudah naik. Satu hari mini profit taking. Mana boleh ada hari hari naik..ini bukan goreng

http://www.xinhuanet.com/english/2020-12/17/c_139595278.htm

Fed Reserve maintains asset buying due to flagging economy. Shows recovery long way to come

http://www.xinhuanet.com/english/2020-12/17/c_139595278.htm

Fed Reserve maintains asset buying due to flagging economy. Shows recovery long way to come

https://www.staradvertiser.com/2020/12/16/breaking-news/alaska-health-care-worker-has-allergic-reaction-to-covid-19-vaccine/

https://www.staradvertiser.com/2020/12/16/breaking-news/alaska-health-care-worker-has-allergic-reaction-to-covid-19-vaccine/

U.S. quarantines 3 Pfizer vaccine shipment after transport 'anomaly' left vials too cold
https://www.cnbc.com/2020/12/16/covid-vaccine-us-quarantines-pfizer-shipments-in-california-alabama-after-transit-anomaly.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard

U.S. quarantines 3 Pfizer vaccine shipment after transport 'anomaly' left vials too cold
https://www.cnbc.com/2020/12/16/covid-vaccine-us-quarantines-pfizer-shipments-in-california-alabama-after-transit-anomaly.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard

https://www.abc.net.au/news/2020-12-16/coronavirus-australia-live-news-covid-19-latest-nsw-cases/12987170

Australia after clear of cases for few weeks suddenly reporting local transmission. The virus can hide for weeks undetected
16/12/2020 10:00 PM

https://www.abc.net.au/news/2020-12-16/coronavirus-australia-live-news-covid-19-latest-nsw-cases/12987170

Australia after clear of cases for few weeks suddenly reporting local transmission. The virus can hide for weeks undetected

Shoties starting to cover the short position.. expect buying momentum to pick up next few days

The vaccines has only 2 months clinical trial data mate. All the side effects are slowly coming out. The vaccine is approved using EUA process which only used for anthrax threat before. Which means its still under review. Like what KJ said there is political pressure in US to roll out the vaccines asap. Even the CEO of Prizer is not taking it.

https://www.cnbc.com/2020/12/15/fda-staff-recommends-watching-for-bells-palsy-in-moderna-and-pfizer-vaccine-recipients.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard

https://www.cnbc.com/2020/12/15/fda-staff-recommends-watching-for-bells-palsy-in-moderna-and-pfizer-vaccine-recipients.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard

17 Nov 2020 Acquired
174,322,789 Employees Provident Fund Bhd

Hartalega

To those who are saying glove is dead, look at the massive buying by EPF on 17.11.2020

17 Nov 2020 Acquired
174,322,789 Employees Provident Fund Bhd

Hartalega

To those who are saying glove is dead, look at the massive buying by EPF on 17.11.2020

Stanley has built this company from scratch. He has good business acumen. You think he is nuts to build factory in UK and US if he thinks glove demand will go down in the next few months. Businessman wont. Simply throw money if there is no prospect

Assuming they use all the gloves for 6months in 2021, there is also something called ‘national stockpiling’. All the countries wants to have a national stockpile and they will pay whatever amount to build it. With supply shortage, how long it’s going to take.

https://www.cbsnews.com/news/nitrile-glove-shortage-covid-19-vaccine-60-minutes-2020-12-06/

https://www.cbsnews.com/news/nitrile-glove-shortage-covid-19-vaccine-60-minutes-2020-12-06/

https://www.theedgemarkets.com/article/brazil-says-china-not-transparent-covid19-vaccine-emergency-use

Vaccine optimism, windfall tax, EMCO, the darkest hour has all pass by. Watch it rise from here. Topglove has to improve hostel. Engage media better like Harta. Tan Sri also don’t need to challenge anyone. Banks need to help glove sector too. Because this is our golden goose. Without more contribution from glove, we wont have money to bug vaccines. EPF has a moral responsibility too. Last not but least JP Morgan cannot get away with this. This is clearly market manipulation offence under CMSA

Dude, if creating vaccine was that simple, why not create one for HIV? mRNA was initially for cancer treatment. Why cant cancer be cured with this? People are still dying from cancer..

Kossan is a laggard in ASP. They are OEM and not OBM. Dont be confused ..tht explains why Kossan ‘s share price didn’t go up as much

If im JP Morgan, with slew of bad news on Topglove, and EPF selling (for whatever reason) gives me a fantastic opportunity to short it plus with the vaccine optimism. For the shorties, it presented a great opportunity. Too big to ignore. Local fund are in retreat mode until Christmas.

But TS Lim’s aggressive buy backs are foiling their plan. They are deciding their next course of action. After the political sky clears today, they will have to buy back the shorted stock

Net short means the shares are already sold. They need to buy it back. The moment buying momentum goes up, the shorties will have to buy. That is why TS Lim probably is buying up the shares aggressively. Shorties can thrive when there is flow of bad news. Definitely they got media on their side. TS Lim putting all his effort to reverse this. Hopefully EPF will stop the selling too.

While TS Lim is doing all this, I wonder where is Stanley Thai.. Will he rise up and send a message to the market? I think he will.. just a matter of time

Net short means the shares are already sold. They need to buy it back. The moment buying momentum goes up, the shorties will have to buy. That is why TS Lim probably is buying up the shares aggressively. Shorties can thrive when there is flow of bad news. Definitely they got media on their side. TS Lim putting all his effort to reverse this. Hopefully EPF will stop the selling too.

While TS Lim is doing all this, I wonder where is Stanley Thai.

https://www.thestar.com.my/news/nation/2020/12/15/deputy-transport-minister-airlines-may-need-three-years-to-recover-from-covid-19?fbclid=IwAR1fTqLl8-BO2hhROMajqWFJQN-M_54WKTdJkR6Mo5ndKjLEl-lD9Zj7zL0

https://www.thestar.com.my/news/nation/2020/12/15/deputy-transport-minister-airlines-may-need-three-years-to-recover-from-covid-19?fbclid=IwAR1fTqLl8-BO2hhROMajqWFJQN-M_54WKTdJkR6Mo5ndKjLEl-lD9Zj7zL0

The bigger the short the better it is for a sharp rebound. If Supermax initiates a SBB now, shorties will run for their pants

https://www.thestar.com.my/news/nation/2020/12/15/nazri-all-umno-backbenchers-except-ku-li-will-back-budget-2021?fbclid=IwAR1DlG-LU26Z_DSsrrTcnlBngkrduKzl3P8w_N1gpENctUNs73wd_hYIKnQ

EPF have to sell to lock in some profit for 2020 dividend for the members. Investment for 2021 belum lagi. Sabar.. they still buying Harta and Kossan