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Tomorrow gap down

“Excerpts from FT:
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“The CBP told FT it was in talks with TG, adding these types of orders were only lifted when there was proof forced labor was no longer used”

“TG’s Lim said the US ban was temporary but analysts do not see it being lifted until the end of the year”

Aiyoo 3.90 quite far alrdy but still not bad less than 10% paper loss

Mybe can try sell ’off market transaction’ to bullrun/danny/sinojab/uplanet, their personal TP very high 6-7

Daily low, yearly low..tomorrow gap down - last day klci kickout

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Today volume quite nice but all sell volume..going lower

When know Monday got funds selling (klci kickout), ofcos sell 1st before them

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Tomorrow last day in KLCI!! More sellers in the market

UK covid hosp only 1K+ (peak 39K in Jan), average daily death @ 9

Even UK cases up, its not translating into higher hosp/deaths b’coz vulnerable group protected by vacc..most cases now only flu-like symptoms

Future fundamentals getting weak..price jump from 65 sen to 12++ & now on the way back down

Mid/long term needs to go much2 lower

Strong sell pressure, no buyers..question now traders willing to release at what price (cutloss point)

P/s: TG entering 4.5x level soon

No need fearmonger about UK..their covid hosp very2 low

Many waiting for technical rebound to sell..but will it rebound or str8 down to 3.5

No one wants to buy company with lower ASP/profits at high price

Glovers desperately trying to hype up gloves but unsuccessful..dare to goreng, prepare to get burned

Major glove market US/UK/EU doing great..no need fearmonger things in afrika

TG no spot orders anymore..clearly not selling well alrdy..even got order cancellations

Seems some take opportunity to topup..nice2

Halftime show slow & steady crawl to 3.0

Danny Aiyoyo all my arguments so far is FA (low ASP/demand/oversupply/profit projection etc)

Havent said anything about TA yet (downtrending, below 50/200 day moving average etc)

Ur ‘hope analysis’ nonsense only..whatever hope u have, just keep to urself..market doesnt move based on ‘hope’

Danny If u invest blindly follow local IB TP 6-7, u’ll be eaten up alive by sharks..when every qr got TP downgrade, how can u trust their current TP aiyoyo

Ur nonsense really next level

Danny So far i see u full of nonsense only..just hopeful - no data to support at all

Aiyoo JPM not interested to manipulate MY small fishmarket lol

Even local IB..see TG TP from 10-8-6-now 4++..nxt qr local IBs another downgrade TP 3++

For now, based on mgmt guidance, market pricing-in ‘LOWER’ ASP/profits

Eventually when biz environment becomes clearer, market will be pricing-in ‘LOWEST’ future ASP/profit

Thats when bloodbath starts

JPM target 2023 TG profit 670Mil annually - Supermx sure make less than that

If Supermx even gets 500Mil (optimistic) profit annually in 2023, then 2023 forward EPS 19 sen

PE 5-10 gives share price 95 sen-rm1.9

ASP alrdy falling 30%, will be back to prepandemic level faster than expected

Local IB TP can throw in toilet bowl, every qr got downgrade..want professional TP, follow JPM TG TP 3.5 since last year never change

Local IB every qr downgrade TP same like misleading investors..if in US like JPM, sure diu alrdy

1) Info from MARGMA:
2018 - 12Bil shortage (shares 50 sen)
2019 - 40Bil shortage (shares 65 sen)
2020 - 100Bil shortage
2021 - expected shortage 80Bil

Glove shortage/ASP alrdy starting to fall

2) Global demand 2022 480Bil
MY production 2022 320Bil
IntCo production 2022 130Bil

2022 glove shortage 30Bil - even less than 2019 shortage 40Bil..havent include production from EU/Thai

3) Summary: With lower shortage in 2022 than 2019, only logical ASP return to pre-pandemic level

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ASP back to prepandemic level = profit prepandemic level = share price prepandemic level (65 sen)..simple logic

Slow & steady crawl to 3.0 by year end..nxt year target below 2.0

No power..SuperOld alrdy

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Supporters dont be soo bitter..just wait & see what tomorrow brings

Still got 1.5 months to plan exit b4 next qr out (waterfall time)

Tonee Director sure didnt panic sell or need money..mybe he sell & want buy back 1/2 price nxt yr

He very smart sell high 3.75..today never get that price alrdy

Company dont have cash for shareholders anymore

3.6Bil alrdy set aside for US factory/capex + 300Mil used to pay last qr div 13sen (3.9Bil cash all gone alrdy)

What fairytale..see to believe nxt yr

Supermx position now same as pre-pandemic..no cash, just got 2x production capacity

So share price should be prepandemic price?? Simple

Latest notice director DISPOSE, not transfer..smart man sell while still high

These glovers regret alrdy didnt sell gloves high in May & transfer to GenT when low 4.5

Now have to sell gloves low & see if got chance enter GenT low

Aiyoo director also run..mybe he know whats coming next qr

Yupee U got xtra money to buy other stocks meh?? Thought u stuck in gloves until next 100 yrs

Dont be soo rush to drown..if want burn money soo fast, go goreng dataprep

Both also same result lose money..difference only faster or slower

Dont rush to drown soo fast..will definitely see below 3 by year end

Another yearly low (repeat this sentence quite alot this week)

Still got potential for lower thursday/friday

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Uplanet Aiyoyo everyone can see ur TG ADR sicko scam..still want deny meh..anyway dont want reply u anymore

Uplanet If dont want labelled as scammer, then stop acting like scammer..simple

TG got no support below 4.7 - going str8 to 4.5 & pull Supermx lower also