2.58 new low closing but very disappointing show..nxt week supermx turn drop 5%

Lai lai dont miss good show 2.30pm

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Looks like current batch baghodlers are LAST batch baghodlers

Last hot potato..last frog in the pot..last chair when music stops

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Walao TG QR out only 600Mil profit (70% profit drop prev QR 2Bil)

LIMIT DOWN!!

Got +ve vibes meh..only see same desperate glovers spamming nonsense repeatedly

Rss working just fine as intended

Just exit opportunity..can easily drop 10sen-15sen anytime

Can dream rss suspension 4ever..not gonna happen..problem is user error, not system error

Looks like another ‘morning goreng fail followed by afternoon selloff’ day

Depend on TG results, current batch baghodlers may be LAST batch baghodlers

Last hot potato..last frog in the pot..last chair when music stops

1. When ASP up b’coz cost up, still results in prepandemic profits = prepandemic share price (65sen)
2. Glove lead time now less than 30days @ prepandemic level
3. China companies like IntCo/Blue Sail arent cincai company..both well established public listed companies

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Supermx also sure have technical rebound..only question whether rebound from 2.5 or 2.2

Even if rebound 10% from 2.5 to 2.75, will u take that exit?? Or miss exit again & watch it drop to 2.0

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ASP nonstop dropping 10% monthly..just matter of time b4 ASP/profits return to prepandemic level

Just matter of time b4 65sen again

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1yr++ supporters stuck very2 high floor should just hide inside cave forever

All ur nonsense predictions alrdy proven morbidly wrong causing devastating losses

Walao ThePowerOG soo long 1yr++ still here

Forever nonstop spam nonsense price still drop 12-3..never learn lesson

Company happy forever making profits

Longterm shareholders/mgmt who bought 65sen region happy with company expansion

Baghodlers bought high nothing to be happy when price revert to 65sen

Company will keep making profits but prepandemic profits can only support prepandemic price (65sen)

Every week introduce new scam (bursabet/TG ADR/sbb/US takeover/privatisation/PE30/treasury share distribution/30sen div/billion profit+ASP sustain till 2024 blablabla)

Even with all this scam, price still drop 12-3

So this week is rss ban scam..never ending scam counter

Aiyoyo now glovers trying scam other glovers to buy their gloves so can exit..desperate times

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2.59 lowest daily closing..all depends on TG now..bad QR prepare 4 waterfall

Real show starts once 2.5 broken..hopefully TG QR can trigger nxt leg down

ASP drop accelerating, share price drop also accelerating nicely

Just waiting to drop nxt leg down depending how bad TG QR friday

Walao alot panic glovers cheering 2-3sen up lol..can easily drop 10-15sen anytime

Feel free to hodl down to 65sen

Margin helps price go up faster..rss helps price go down faster..both aim to reach fair value faster

Rss/margin trade just 2 sides of same coin..both provide market liquidity @ part of smooth system function

Main problem is user error..not system error

Whats the difference between rss/margin trade..both also using shares/money that dont belong to them

Everyday/every week break new low got offer down to 65sen

Profit record 20 yrs can only support prepandemic price 65sen

Will take time but will get there

Looking forward to further price drop

Even if allow 100% rss cap, impossible to short mbb/pbb down to 3.0 b’coz fair value is higher

Drop b’coz fair value much2 lower than current price

RSS can only succeed when fair value is lower than short price

Remember supermx 3.3 TG 4.0 not long ago..both drop 20% less than 1 month

See alot panic glovers..understandable when price soo low & getting lower

Company got no cash 4 shareholders - 3.6Bil set aside US factory

Prepandemic ASP = prepandemic profits = prepandemic share price (65sen)..simple

Dr. Paul Offit, a top vaccine expert and US FDA adviser said:

"There's been no evidence of clear erosion of protection against serious disease."

CDC data suggests that more than 99.99% of fully vaccinated people have not had a breakthrough case of Covid-19 resulting in hospitalization or death.

Price now closer to 65sen (prepandemic price) than rm5 (Kenanga TP pending further downgrades)..lets see which 1 hit coming months

NTA - irrelevant
Cash on hand - not 4 shareholders all 4 US factory
EPS - unsustainable future low ASP/profit
Div - unsustainable future low profit

Now trade at RM2.60 - very overvalued

Early morning alrdy alot fake topup announcements..everyday nonstop

Nice red open..lai lai nxt leg down b4 TG QR

Mercator down another 6% tonite to 149 (yesterday down 5%) break another new low..Gloves everywhere going down