Stokraider, honestly, which Invest Bank do you work for ?

Stokraider, honestly, which Invest Bank do you work for ?

When these Investment Bank's are done screwing the retailers on the so called " Recovery Stocks", they will come back to screw us on the Glove stocks again.

PUT A CREDIBILITY RATING ON THESE INVESTMENT BANKS. ....Done by the Retail Investors :)

When these Investment Bank's are done screwing the retailers on the so called " Recovery Stocks", they will come back to screw us on the Glove stocks again.

PUT A CREDIBILITY RATING ON THESE INVESTMENT BANKS. ....Done by the Retail Investors :)

Posted by birkincollector > Dec 12, 2020 10:29 AM | Report Abuse

lol u guys only wanna see people set high TP but lost ur mind when ppl cut it....its a free market/world so everybody entitled to their opinions..... to make u feel any better u take the middle road, the local IBS giving averagely rm10....jp morgan rm3.50......the middle would be between 6-7.....which is the current price
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Is'nt that obvious ? Which kind of analyst would give a TP like that unless they have a serious vested interest in the price being so low ?

https://www.bloombergquint.com/gadfly/why-jpmorgan-s-jamie-dimon-is-begging-for-m-a-ideas

JP Morgan is looking for aquisition deals. Some of the IB's here could be on their radar.

https://www.bloombergquint.com/gadfly/why-jpmorgan-s-jamie-dimon-is-begging-for-m-a-ideas

https://www.bloombergquint.com/gadfly/why-jpmorgan-s-jamie-dimon-is-begging-for-m-a-ideas

Allbull, you don't realise the value of not having a dead weight like the Warrants not being tied to your investing legs

Thanks for the empathy. Am not heartbroken. Am just upset at the system for being complicit with crooks

What an oxymoron

Institutions are just playing up a theme. They need themes that appeal to retailers so that they can buy and sell. They create these artificial themes that generate the momentum among retailers. I keep saying that the Structured Warrants must be banned. That is the biggest joke. Retailers pay the IB's to screw them. Whatan oxymoron

I sincerely hope you haven't bought any of those Warrants.

Hustle, it's over the table betting. When you finally find out, I hope you'll show the same enthusiasm to fight the rougue IB's

Hustle, please contact your Remiser at the earliest. If you bought those Warrants, you're most likely in deep trouble

Sure. Please contact your Remiser. Do let us know what he/she says

The crooked IB justification for suppressing prices is reduction in ASP. The reduction will most likely be marginal and will happen only after the fully booked orders are all serviced. That is a good 2 years from now. By that time all Glove companies will have substantial increase in capacity which will offset the qdrop in ASP.

godhand, You are not me and I'm not worried about Glove Stocks.

We are talking about Structured Warrants and NO they cannot be converted to Mother shares. They EXPIRE.

Glovefinish, wait for the future, in 1 or 2 Quarters those recovery stocks will show decline in performance. Banks will be loaded with Non Performing assets. Wait for it bro

By the way, your idea of valuation is as skewed as the twisted IB brains

Do you think the SC and BURSA have the guts to insist on it ? They have rules for companies. WHY NOT FOR ISSUERS OF WARRANTS ?

You think they have the balls to disclose ?

Taikok, you're right. The demand and supply is conveniently tweaked to favour the issuers of Warrants nearing Expiry. All we are saying is without the Underlying Shares the Warrants have ZERO Value. So every issuer of such instrument must disclose their Hedging activity just like Promoters ans Substantial shareholders do.

007007, glove Companies share prices are at Pandemic price or Gloves are at Pandemic price ? Do you know what the price of gloves will be after the Pandemic ?

No wonder Foreign Funds pulled out

What kind of stock market is KLSE ? One quarter earnings 1.3 billion, 3X previous quarter, share price drops. Next quarter earnings 2.3 billion, ~2 X previous quarter, share drops more....

Thinking alone does not bring results. Next quarter will be bad for most businesses other than gloves. Let's wait and see

December quarter results of most other companies will show a drop from previous quarter. The last uptrend in results was the result of the increased activity after the MCO. We'll see then that only glove counters will remain positive.

Glove Companies should stop giving Analysts meetings and guidance on earnings. These bloody Analysts are now saying " It was no surprise" What the F**k ?

Dickface you changed your name ?

Safteyfirst ??? Use GLOVES

Bursa is controlled by Manipulators & Crooks. All those who say the IB will lose money if they have to pay for the warrants, SERIOUSLY guys ?

The IB's have already had a good 20 years + free run and have derived enough capital out of these derivative products. Time to stop !

They don't care about 2021 because they have tons of Warrants expiring in 2021. Crooks

Don't become IB stooges and prove their ridiculous assessment right

Remember Macquarie issued a TP yesterday of RM 5.80 soon after the Record Breaking 2.3 Billion Net Profit announcement.

VWAP calculation for Macquarie's C69 starts today. If you guys care about your Investment and it's future, now is the time to buy and keep the pressure on the IB to avoid issuing Warrants in future. It's your call people.

1lotman, The US CBP order is only a Hold & Release Order not a ban. TG is still selling but less volumes to the US.

I was only intending to inform that the US has recorded record number of cases and deaths continuously for the past 3 weeks.

Wednesday's cases were over 200,000 and deaths over 3000

Live updates: FDA panel prepares to consider Pfizer vaccine, as U.S. reports record 3,140 deaths in a single day

Posted by sieng1987 > Dec 10, 2020 4:40 PM | Report Abuse

ahpooki2, if market is so simple, there wont be a saying "in the market 80% losers, 20% gainers" am i right?
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Hey Sieng, Here is todays list. Where's your theory now ? :)

Gainers :514
Losers :546
No change :613
Not Traded :463

sieng1987, Blaming the Bank for Issuing such Paper Thrash in the first place.Majority of the people who buy these warrants don't even know what it is and how it works.

Yes so in that sense you are right, 'Why blame the bank'?

But Screw the Bank for designing and issuing such instruments.

Posted by Stockhunter88 > Dec 10, 2020 2:22 PM | Report Abuse

Write to SC and BNM... Hahahahahaha.. So if QR negative but pride went up, should write to SC also?
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Therein lies the question buddy. How do you value a company ?
When the Pandemic struck, all Airlines, Hotels, Manufacturing, Casino stocks went down. WHY ? Because investors were UNSURE of the next results ?

Here you have a company that HAS earned a Ton of money and is looking to earn substantially more going forward. So where is the problem ?

The problem is with the Investment Banks and their Toilet Paper CFD's. GET REAL people.

I don't know about you guys but I think it's a crying shame to be put through this treason and sit back and watch.

Tomorrow the VWAP for Macquaire's Warrant begins. The price will fall furthur. What will you guys say then ? I'M IN IT FOR THE LONG TERM ?

Posted by Amazonboy > Dec 10, 2020 1:56 PM | Report Abuse

My worry about TG is whether they can continue rewarding shs with bonus shares since d capital base is ady high. Ultimately continued bonus shares will dilute eps?
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Now you're talking...

The Stock Markets are an investment platform, for INVESTORS. When a company earns money(LARGE SUMS OF MONEY), the company must be valued accordingly. Not to suit some crook Investment Banks.

Posted by pBlue > Dec 10, 2020 1:19 PM | Report Abuse

The last large warrant to mature in the money is in February (only one). By April, the excision price and excision ratio will be so high that warrants will not longer have the pull to affect TG mother share.

IB have already re-calibrated their warrant ... so it is back to normal, ie warrant holders have almost no chance to expire in the money and if it does, the high ratio means IB doesn't have pay much money or sell many mother shares.

It also means the good times of holding warrants would have ended.
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No sense in justifying "Contract For Difference".

Those instruments have a definitive end result. The issuer gains.

1. The issuer collects money on issue of the instrument. That's like a GRANT given by the people to the issuer. FREE money.
2. The issuer is permitted by law to hedge against the risk of the Warrants, "WITHOUT ANY DISCLOSURE". What is this ? A Democratic Nation or the Banana Republic ?
3. With the hedging the issuer ensures that the Warrants expire "Out of Money" without anyone recognizing it.

Let's leave Top Glove aside for a moment. Take Mahsing for example. There is a Warrant expiring towards the end of this month and the Exercise Price is RM 0.73
For all the hype created around Mah Sing going into Glove Production and the price jump that we saw, what happened ? It will reach RM 0.73 by the VWAP dates.

So, this isn't just about Speculation, Short Term Trading or any thing close to Quick Money. It is about the large scale RAPE of the people using such instruments. It's about the closed system that enables and protects manipulation by large banks and financial institutions.

IT'S ABOUT THE LEGITIMACY OF A BIASED SYSTEM !!!

People invest in the Stock markets to earn money. The stock markets are not meant for the benefit of Investment Banks. They are PRIMARILY Investor's platform. The Investment Banks are only enablers and since they also need to make money, they are allowed to. But to put the Common man to distress and to hold the entire stock markets to ransom is not acceptable.

If you guys really care about the suppressed valuation and you have the money, please buy into TG and take the prices HIGH from tomorrow. The 5 day VWAO calculation for C69 (Macquaire) begins tomorrow :)

PEe IS DETERMINED ON THE PAST PERFORMANCE COMBINED WITH FUTURE PROSPECTS ?

How then does anyone justify Negative PE for CONSISTENTLY LOSS making companies ?

Topglov C69, C74 & C77

THE IMMEDIATE CULPRITS.
mACQUAIRE, rhb & cimb

If Top Glove does not fly, all of us better leave Bursa to the Crooks. This is not an Investment Platform. It's a RIGGED GAMBLING DEN !!!