Sorhead glover got no idea how markets work..always wrong 1..never doubt that

Sorhead like u better dont think, later cannot breathe (too braindead to do 2 things at 1 time)

Everywhere got sorhead like u

OTC isnt like normal stock market..illiquid, low volume, easily manipulated

Most likely brokers see TG QR & know gloves got no hope alrdy..but brokers still holding alot TGLVY..so put in buy order few million to pump 10% (OTC low volume easy manipulate pump & dump)..traders start come in & pump even more - opportunity for brokers to sell their shares

Funny thing is, TGLVY OTC not even short-squeeze..suddenly want short squeeze bursa TG lol

OTC pump & dump only, small volume easy manipulation..CBP uplift news also wont goreng 70%

Nice GenYoko coming!!

Walao alrdy planning TG squeeze lol..aiyoyo these bilis never learn..if able to pull off temporary squeeze also good alrdy

OTC market is illiquid

Imagine a day when only got buyers, so can goreng from 4.5 to 7.5 (brokers happily sell to buyers)

If the next day all want to sell, no guarantee can sell b’coz no buyers (brokers alrdy sell to customer @ 4.5 - definitely wont buy back above 4.5/market rate MY shares)

Even if LWC buy tglvy, should still be reported as beneficiary (i think)

Anyway yesterday tglvy was trader goreng..small2 block low volume

OTC market no liquidity, not like normal exchange market (always got buyer/seller at certain price)

At such high price, got more sellers OTC..yesterday price drop from 8.75 - 6.75 (22% drop) in 5 minutes..thats how volatile/easily manipulated OTC market

Brokers/dealers can buy TG shares from MY/sell at US OTC & profit from price difference..but will they?? Are there any more buyers in the OTC market?

If brokers buy from MY but got no buyers OTC, then they’re stuck with TG shares that they didnt want (this pump&dump is to clear out their shares)

5.7K cases today..not enough to goreng

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OTC is low-volume market, doesnt take much to move price

Anyway these US traders dont buy/keep based on fundamentals/dividend..they just want make quick money (pump&dump)

Most likely brokers see TG QR & see got no hope alrdy..but brokers still holding alot TGLVY..so call up buddie ask put in buy order few million to pump 10% (OTC low volume easy manipulate pump & dump)..traders start come in & pump even more - opportunity for brokers to sell their shares

Buying OTC is buying directly from broker..no other indiv seller involved (very illiquid)

Frightened for what?? Go ahead chase goreng based on TGLVY..will only get burned

Aiyoyo TGLVY (US) not traded on stock exchange, its over the counter (OTC) - broker directly sells their own shares to buyer (no need find indiv seller to match sell price)

Brokers happily sell their holdings (stuck long time) to traders willing to buy at higher price..OTC very low volume, easily manipulated..can easily fall back 70% next week

Buy 1 unit no need tell people laa..soo many want sell to u

Walao dont blame others if trapped/lose money here..own fault - cannot say no one never warn

ASP gonna drop 90% & share price gonna drop 90% (from peak)

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New low closing on daily & weekly..super bearish!!

Overall another green week compared to last Friday (5.06) @ 4th green week in a row..Happy weekend GenT warriors!!

Weak closing..fengshui not good mybe b’coz billg change side or serba bad energy come here

False alarm, goreng cancel..cases up but stagnant

6.8K cases today!! Chance to goreng??

Lol investoz44 caught lying..these scammers everyday say buy with monopoly money

Boring morning..just normal 2%-3% down

Fyi next week is last under KLCI premium(only 6 months in klci soo sad)

June 21 effective kickout, another round of selling

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Morning show over..wait evening covid numbers mybe can support price

Aiyoyo as good investor/biz owner, where got sensible to buy when price overvalued

Mergers/acquisitions all done when undervalued

Div earned cannot compensate capital loss, esp for glove with downside potential mybe 50% more

Keep urself long term..make loss only

When this drops to 2, thats 85% drop from peak @ among biggest drop in history for big cap stock

Hodlers can tell their grandchhildren - grandpapa was part of ‘that’

No one asking to cutloss..just pointing out data & further downside potential

Hodlers prepare for more pain..others just stay away unless short term sniper trading

Every year got glove shortage but that doesnt mean ASP can maintain high

B’coz overproduction, 2022 shortage expected even less than 2019

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 dropping)

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

TG is biggest market player so deserves higher PE compared to Supermx

But PE not indication of fair value..both TG/Supermx also going down

Trust what fundamentals can support current valuation??

Shorter lead time, lower ASP, oversupply, normalise demand..all pointing towards pre-pandemic profit levels

Basically hammered str8 down from 5.0 until now 3.75

Past 15 trading days, only got 2 small green days

Nice early breakdown..made new low & going lower

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Have a feeling big move coming today..lets finish the week strong!

Company no more cash outstanding for shareholders

3.6Bil alrdy set aside for US factory/capex & 300Mil for payout div 13 sen (3.9Bil cash all gone)

Everything other than gloves look attractive

Supermx going to fall soo hard & remembered in history among those that take years/may never ever recover

U think US factory no need use money issit?? Ofcos need deduct from cash balance

Company no more cash outstanding for shareholders

3.6Bil alrdy set aside for US factory/capex & 300Mil for payout div 13 sen (3.9Bil cash all gone)

Aiyoyo where got undervalue..do comparison enough:

1) ASP dropping 15%-25% mentioned in latest QR

2) 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

3) 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

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

5) Given ASP back to pre-covid level, future profits can at most double pre-pandemic level as capacity doubles

6) With such low future profits, Supermx is definitely OVERVALUED as share price heads towards pre-pandemic levels

P/s: Pre-pandemic price is 65 sen