Anyway no use guessing too much about china..most glovers alrdy 50%++ loss prob too late to do anything..have to ride to the end & pray got sharks goreng along the way

Sure mo wont buy from intco/bluesail..both famous company also no problem finding customers now

Share price drop 65sen (orig price) alrdy locked-in..just need time

Lets see how Merck new covid pill affect share price tomorrow

China dumping additional 200Bil (40% global supply) into market..market got limited corporate buyers

Glove oversupply + limited buyers..such situation, even glovers got no braincell can think how bad future glove biz

Aiyoyo someone who believes ASP 40usd no need tell others do homework..own homework also flush down toilet lol

These r real numbers..not imagination which glovers like to use

IBs now still using ASP USD30 for TP calculation..wait until they start using ASP USD20 thats when u know real glove TP (65sen)

Intco/Bluesail each expanding to 130Bil/75Bil capacity (orig capacity 5Bil each)

2 china company combined producing 200Bil (prepandemic 10Bil)..china used to be less than 5% global supply - now becoming 40% of 2022 global supply 500Bil

If close eyes & imagine, ofcos can believe ASP 40usd whatever

Open eyes will see reality @ now ASP USD30++ & TG profit dropping 70%

Gloves every weekend get attacked by something..really sien

Fyi friday Mercator down 0.2% @ 148 (yearly low 145)..anyway cannot compare with Mercator @ just drop 15% less than 2 weeks - need technical rebound

Coming week Mercator should break new low

Stuck boring range..wait Nov/Dec QR lelong 30% discount

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Glovers like to lie/comfort ownself that company cashrich..in reality, the cash as good as gone & market knows it (even if glovers dont want admit)

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Aiyoyo demand always more than supply even b4 pandemic..real question is how much shortage (nett demand)

Fyi current shortage (nett demand) now same level as 2019..thats why ASP going back to 2019 level

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Looks like now blame game IB TP always wrong..never see glover admit ownself wrong even now price soo low

Other stocks will recover but glove drop likely permanent

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Aiyoyo ofcos demand wont go back prepandemic level but thats just 1 side of story

MARGMA alrdy say demand growing 15% but supply (even supermx) growing 100%++..falling ASP alrdy proof got oversupply

No use using whatever nonsense BS assumptions to get high imaginary TP..only lying to ownself

The only true/historically proven valuation is prepandemic ASP = prepandemic profits = prepandemic price (65sen)

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If see mass exodus tomorrow (TG xdate), may be start of 5-10 str8 red days *hopefully*

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Alot new snake oil sellers lately..just waiting to stab longterm glovers in the back & run after few % profit

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Now is diamond hand..When drop to 65sen, will become ‘titanium enriched platinum alloy with gold coating’ hand lol

Unfortunately now alrdy 50%++ losses too late to do anything..damage has been done

Now can only pray sharks goreng & allow exit higher b4 Dec @ coming QR likely bring nxt mass massacre

Now dont hear anymore glovers shouting fair price 6/7/8/so on..all alrdy proven completely wrong using BS assumptions to get to own desired imaginary TP

Thats why pjseow always horrendously wrong..using 2020 investor briefing to estimate 2021 share price is totally absurd

Aiyoyo no use comparing FY2019 to FY2021 (supernatural year)

Future margin/PAT/EPS/ASP will all revert back to FY2019 level..nothing change

All those advantage alrdy exist b4 pandemic when share price only 65sen

Nothing change..only demand up but easily offset by oversupply

Jeng3 1 day left until friday TG xdate exodus..should be nice red show..no one will want to hold share @ future less than 5sen div

Price is determined by fundamentals which is known very2 bad right now

Should’ve exit earlier - even 3weeks ago could’ve saved 30% but prob swayed by forumers here to hodl for no good reason

Market says gdbye & leave glovers behind..feel free to hodl all the way down to 65sen (original price)

This is place to share all info..censorship only prevent people making informed decision

i3/flagger is partly responsible for investor huge losses @ 30% loss in 3 weeks & 50%++ loss in 3 months

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Even if only post (+) glove news wont help price go up

Past 2-3 months every ‘bad’ news got flagged/removed by desperate glovers yet price keep dropping until now only 2.3

Mercator break new low @ 146 (80% drop from peak 750)

Relax no need panic still got 2 days b4 div xdate bloodbath

Amazing how glovers can be wrong all the time..make matters worse, being wrong in biggest bubble (glove) in recent history likely ending in 80%-90% capital loss

Glovers imagination - market crashing since Jan & glove is only safe haven

Reality - market making record highs & supermx crash 70% since Jan

Immediate glove future very clear..share price only got 1 direction @ DOWN

Price alrdy 2.3..TG profit alrdy drop 70%..glove bosses alrdy say ASP/profit regularise by Q1

Naysayers no need be here anymore, nothing left to prove..everything alrdy clear, no more discussion..myself also may retire when price reach rm1.5 instead of waiting 65sen

Better sell backside than kidney since alrdy lose underwear at current price..no underwear, no butt

Aiyoyo skyu/ben friday is TG xdate..potential bloodbath date should really pay more attention

Aiyoo pjseow nobody cares how big ur losses..happy u can collect all the way down to 65sen

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Nice green day b4 friday dump (div xdate)