Am really disappointed with the impotent shorties. Have been waiting in the sidelines the last two weeks for them to crash this stock so that I can have this one-in-a-lifetime opportunity to binge buy cheap tickets. My ammo is ever ready. This is really boring.

linheng thank you for this enlightening calculation, my cost is slightly above yours, happy to keep this fab counter in the longer term.

Ben Tan, really appreciate you providing us clarity on RSS positions. Keep it up!

glove118 oh yes, I missed the first time boat totally and I seized the moment this time round. And BLESS the SHORTIES, they made my entry prices 15% cheaper.

As for valuation, there simply isn't any logic to anything the IB and Analysts are saying. Glove Companies are plain and simple excessively undervalued.------------------
Agreed Morpheus. I think the contention was from 2022 onwards the ASPs are anticipated to normalise, hence the IBs are getting reluctant to accord excessive premium valuations to all the glove counters. Having said that I did notice all the IBs suffer from herd mentality/ group think. During July last year they had no issue assigning RM48 plus per share (before bonus of course).

Morpheus61 " Only TopGlove will be delivering above RM3.5 bil qrtr pat consistently for the next 36+ months" Isn't it a bit of a stretch Morpheus? I thought most glove counters would not have visibility beyond 1Q2022 in regards to their profit forecast? If so then TG is vastly undervalued.

Thanks Morpheus61 on the info on "structured warrants". I shall avoid them like the plague.

Morpheus61 Thanks for your explanation. Short a business making billions because of structured warrants? Fascinating. Fun. And profitable. Because of these shorties I have managed to accumulate both Kossan and Top Glove at ridiculously low prices relative to FEPS. Keep on shorting I say!

Thanks for the explanation Witan, now I know. The big question is why short a business raking in billions?

Wait wait wait, I havent collected enough yet larrrrr, where are the shorties,?? Short it short it!!!!

https://simplywall.st/stocks/my/household/klse-ruberex/rubberex-corporation-m-berhad-shares
Shhhhh

Erkongseng Excellent calculations, all correct, but shhhhh. What you did was historical, based on 1 billion glove output. They have another 1.5 billion glove capacity presumably just came online and are producing furiously now, and the result should be captured partially next quarter, and captured fully the following quarter after that. And also they just bought two pieces of land for expansion presumably, and for now that has not be included in the calculations. Shhhhh. This is not an investment advice ya, just my 2 sen. I know what I will be doing......

Well it looks like Affin is the quiet overachiever. Good times are coming.
https://www.orientaldaily.com.my/news/business/2020/12/15/381226

Finally Affin stirred. Get ready for the ride up. You ain't see nothing yet, as BTO used to say....