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Wait until drop 3.0..then can welcome new residents of Casa de Supermx that chase morning high 3.47

Dare to goreng, prepare to get burned

Big funds all exit in April after trap soo long..they’re not touching anymore - can see the deep hole coming

Ur friend got 10 children & increasing everytime play with sugarmummy..if he unable to maintain mummy money, the children will eat into his money until nothing left

If company unable to maintain future profits, their networth/market cap drops..once future profits return to original level, then market cap/share price drops to original level as well

Beary The only important thing Supermx tycoons say is ASP drop 15%-25%..By now should drop 25%-35% alrdy

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

Glove tycoons never say current share price sustainable

ASP unsustainable - profits unsustainable - share price unsustainable..simple

Where got Israel lockdown, just mask mandate as precaution

No need fearmonger Israel..their hospitalisation very2 low..average daily death just 1

Dont dream big bull run..Just bouncing from last big support 3.3 b4 going lower

Short term traders alrdy plan sell on rebound, danny cry inside lol

Gloves only 4 short term sniper trading..mid/long term going much2 lower

Nice little goreng to reset ‘oversold’ position - needed to break new low

CharlesT U also cant be 100% small cock sure big rebound coming at this range

Long term downside risk is 65 sen (prepandemic price)..no reward is worth such risk

No guarantee big rebound will ever come as big funds not touching gloves

Dare to goreng, prepare to get burned

UK case numbers no longer turning into hosp/deaths b’coz of vaccines
————————————————

“The British Grand Prix will take place in front of a capacity crowd which means more than 140,000 spectators could watch the race on July 18”

“EURO 2020: Wembley to have crowd of 60,000 for semis and final - UK govt”

No need fearmonger about UK..covid hosp/death very2 low b’coz of high vacc even tho 99% delta

UK covid hosp only 1.5K (4% of Jan peak 39K)

UK ave daily death only 14 (1% of Jan peak 1.2K)

A better analogy is that ur friend that won jackpot has 10 children..if he is unable to maintain jackpot winnings, the children will eat into his networth until nothing left

If company unable to maintain future profits, their networth/market cap drops..once future profits return to original level, then market cap/share price drops to original level as well

Majority of high risk group (elderly/co-morbidity) in US/UK/EU alrdy vaccinated..the unvaccinated young people who get covid aren’t getting sick (mild symptoms)

US/UK/EU represent 75% of Supermx export sales..no doubt glove biz very slow nowadays

US even better - no more covid restrictions whatsoever

Alrdy jump from 3.30-3.38, no longer oversold..rebound is done - tomorrow gap down

Last year people made 1900% in gloves (65 sen to rm12)

Coming years glove bagholders will lose 95% (rm12 to 65 sen)

Thats how markets work..last year gains transferred from current bagholders pockets..those hodl high will own stocks that are almost worthless

Have patience ur 60sen will come

Market alrdy giving 50% discount less than 6 months..cannot ask for much more this year

By next year, ur Yamaha just left body - engine/tyres/radio/headlight/wiper all gone

Doesnt have to be sunset industry for ASP/profits to drop to prepandemic levels (prepandemic price 65 sen)

Supermx drop not related to political risk..just bad fundamentals - low ASP/demand/profits/
oversupply

Wowww what a selloff..regardless price movement, RWLV opening tomorrow!! Time to make big money again

Another new low..slow steady drop to 3.0

Those chase high last friday 3.85 alrdy 15% down in 4 days..really massacre

Obvious longterm downtrend..Dare to goreng, prepare to get burned

Yeah lo fake mouth topup only..same friends with bullrun/danny/uplanet etc everyday got fake topup announcement lol

Tonee If want big Q at 3.0, might as well wait for 2.0

No support at all below 3.3 (last big support)..If break, going str8 down

Tonee Aiyaa thought u average down all in 3.3 for the bounce..small2 nibble no need announce silent buy enough

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Come on 3.3 abit more just for tonee

5.8K cases today..dare goreng??

QR havent out alrdy downgrade TP

QR come out another downgrade 20%..bottom is still deep (prepandemic price 65 sen)

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Tonee Those are latest MARGMA data..expect future MARGMA updates to revise glove demand lower as vaccines showing strong protection & covid cases dropping faster than expected

- MARGMA info:
2018 - 12Bil shortage (shares 50 sen)
2019 - 40Bil shortage (shares 65 sen)
2020 - 100Bil shortage
2021 - expected shortage 80Bil (shortage/ASP alrdy starting to fall)

- MARGMA projects global demand 2022 @ 480Bil
MY production 2022 320Bil
IntCo production 2022 130Bil

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

- With lower shortage in 2022 than 2019, definitely ASP return to 2019 level

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

Glover Yupee just jealous GenT holding strong

By year end, GenT will be 7 while his Supermx/TG will be 2.5/3.5

Sink in glove boat + miss recovery boat

Morning selloff..stuck in this range..lets see how evening goes

Gloves still needed but ASP will drop to prepandemic level due to normalised demand/oversupply

ASP prepandemic - profit prepandemic - share price prepandemic (65 sen)..simple

No need fearmonger @ no data/research whatsoever that vaccines ineffective against delta+

No need fearmonger about UK..covid hosp/death very2 low b’coz of high vacc even tho 99% delta

UK covid hosp only 1.5K (4% of Jan peak 39K)

UK ave daily death only 13 (1% of Jan peak 1.2K)

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Mid/long term definitely going much2 lower

3.33 should be near daily bottom..too oversold need rest abit

Unless some big news come like 3K cases or CBP ban..then big gap down

Danny Just pull the trigger then no need update anymore..soo long tired alrdy see ur nonsense

U wanna wait nxt year 2.0 only pull trigger issit

Suspect Stanley alrdy reply cannot SBB 1Bil..pjs now argue why cannot - pushing for 2Bil SBB now so take time abit

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