Dont dream 10sen div..they need save money 4 higher cost US factory + fend off china competition

Morning goreng fail usually followed by evening selloff..lets see if can make new low

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Today gloves Big3 green..tomorrow all need turn red again, including supermx

Deyy never read QR meh..tay kor alrdy announce using 3.6Bil for US factory/capex aiyoyo

Aiyoyo domdom no need explain soo detail ur wealth online..nobody cares/believes

The only irrefutable fact is poor glover cannot even sell (1 TG+1 supermx) for 1 GenT anymore..must feel really silly huh lol

Aiyaa domdom go back to ur miserable glove counter

Now even sell 1 TG + 1 supermx not enough to buy GenT anymore..need topup xtra cash

Pjseow Remember u always list down IB high TPs to justify own high TP rm6/7/8 calculation based on nonsense assumptions..just shows ur inexperience

For stable industry/stock, IB TPs can be good guide

For glove bubble where ASP nonstop drop, u follow IB TP u die

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Harta/kossan both near prepandemic level alrdy..supermx 3x more overvalued than Harta/kossan

Dont be surprised if harta/kossan stagnant while supermx heavy drop..expecting huge Nov/Dec QR massacre

Prepandemic (current)
———————————————
Harta - 5.5 (5.9 @ 1.1x)
Kossan - 2.1 (2.4 @ 1.1x)
TG - 1.5 (2.8 @ 1.9x)
Spmx - 65sen (2.2 @ 3.4x)

Steady..RWLV going strong, GenS borders open, GenM starting operation..only thing missing is div

Wait year end see how high can go..definitely much2 higher than current level

Ding3 2.19 new low closing..another day closer to great Nov/Dec QR massacre

Better go sleep than wait superman fly..big bloodbath coming nxt month

Really the best if coming QR only give treasury shares & no cash div..ultimate kiasu..will make price drop faster

Glovers paralysed at current price..alrdy 50%++ loss - too late to exit

Now just have to ride the wave all the way..prepare final destination 65sen (prepandemic price)

Ding3 new low unlocked..no need panic yet worse yet to come

See director selling soo many shares..more excited wait coming great Nov/Dec QR massacre

Now only left 3 type baghodler:

1) Enter last yr 100K make profit become 200K..then topup sailang 500K chase high until now huge paperloss

2) Enter late chase high until now huge paperloss

3) Catch falling knife until now huge paperloss

P/s: Lai raise hand under which category

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Jeng3 Maybank

ASP could return to pre-COVID levels of US$23 (peak 2021 @ USD130) by mid-2022.

With the stiff competition from China, we believe the oversupply situation could potentially extend longer - inevitable price war.

The threat from China is real. Already, to seize the market share, the Chinese glove makers are selling their gloves at more attractive pricing in Europe relative to their Malaysian counterparts.

We Downgrade the sector to NEGATIVE (from NEUTRAL). We are SELLERS for Top Glove, Hartalega and Kossan.

Aiyaa mercator just technical rebound from record low..nothing special

Supermx also last time rebound 15% from new low (2.2-2.55)

Give some time both also will break new low esp coming Nov/Dec QR massacre

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Stuck boring range..Another day closer to the great Nov/Dec QR massacre

Small gloves dump hard esp carepls 8% drop..looks like many cutloss chase high recovery

Hope things work out for them..ideally should exit weeks/months earlier but no use regret

Aiyoo fairtalk so far only see u pass ‘loser 301’ with flying colors

Can expect future 5sen div like TG

Mostly usual scammers NoPowerGlove/LossBlooming/VolatileMyLoss/munfatt00/CoolBear spamming now

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No need lie to ownself for comfort..face reality

Company got no cash for shareholders @ 3.6Bil set aside US factory..no chance to get whatever ‘lucrative div’

Here comes snakehead habisglov3

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Looks like glovers alrdy give up know fate not in own hands..all depends on sharks whether they allow exit high b4 great Nov/Dec QR massacre

Surprisingly very quiet weekend..Only left usual scammers NoPowerGlove/LossBlooming/VolatileMyLoss/munfatt00/CoolBear nonstop spamming same thing 5x daily

Nothing to see here..just crybaby make noise b’coz lose all his toys kahkahkahkahkah..just ignore

Urself need those big industrial fan 100 hp..everyday get burn to crisp wakakakaka

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Stuck boring range..another week closer to great Nov/Dec QR massacre

3 weeks left to Nov

Now not soo easy to scam people into gloves..nobody wants gloves anymore

Last time ASP/profit drop/oversupply issue etc all just theory..glovers like pjseow will write long essay why NOT to worry

Now cannot hide anymore all becoming reality & verified by big bosses/IBs

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Here comes snake oil seller habisglov3..go back to ur aa/aax forum...forever scam people chase high aiyoyo

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This chicken salughtered soo many times until only left butt @ part nobody want..thats why always talk sh!t kahkahkahkah

Left 1 hole do everything wakakakaka

Still got fingers to countdown mo..from 12-3 alrdy lost all 10 fingers bwahahakaka