bikay101, that's an interesting analogy. It shows the desperation of the IB's to suppress the price to avoid losses on the warrants.

Here's something people can do to get a clear trendline.

Chart a Price to Time graph of the "Settlement Prices" for the Structured Warrants.

Compare it with the Share rice over the same Timeline.

Magic ? NO. Manipulation.

Kenanga is simply justifying the overnight carryover of Net Short positions. IDSS is banned for now, so the retailers aren't responsible.

This PR exercise of the IB's is not acceptable. Let's look at it pragmatically.

They say ASP will drop in 2022. Fine.

Today there's a lead time of 510 & 340 days for Nitrile & NR gloves. That's the IB analysis.

That means an order booked today, will become revenue on the Books of Accounts in 510 & 340 days. ie, when the invoice is raised & product is shipped. That is, FY 2022.

The orders booked today are at the elevated ASP of TODAY. ASP hasn't stopped rising YET. So the orders booked from today onwards account for FY 2022 at whatever the ASP's we see in the next months ahead ?

Goodboy, Structured Warrants without the Underlying share is not even worth its paper.

Therefore, Market making has to be done on the Underlying Asset. Of course the IB's will try to benefit from selling the Warrants in the market when the premiums rise.

I think some terminologies need to be defined very clearly.

PSS is allowed for the IB's to Market Make.

Can we ask Bursa to define Market Make please?

Is it to ensure liquidity in the shares or does it include price manipulation too ?

Fortune, go check. The information that was always available is no longer available

Permitting one sided financial instruments to be sold and traded, keeping vital information secret...what next ? Will they say our Demat accounts belong to them ?

It's clear now that the Authorities are hand in glove with the IB to screw us all ?

Bursa cannot be allowed to take down vital information resource

That's a new Rhythm. Keep playing

Why do you guys waste so much of Bandwidth with information of little or no consequence to the share price ?

TWhen that happens, you guys will learn that IB's treat you like shit

.73 Sen
The Warrant expiring Dec end has exercise price of RM 0.73

stockraider you Prick. Go home and find a pillow

moneymakerss, we all also want to use ou loooong thingy :) Please inform the point of entry.....

YOU call yourself an analyst ? HAHAHAHAHA

Bitches prowling. Desperate to get retailers to sell.

Glove companies share prices are ARTIFICIALLY SUPPRESSED to lower the payout on Structured Warrants issued by INVESTMENT BANKS.

The Invest Banks have made enough money from retail investors. Let them pay.

Another BULLSHIT logic.

No new player is going to impact established producers market share.

The sell down is purely o support the expiring "Structured" warrants.

I just think it's necessary for the retail investing community to rise against any furthur issuance of CFD's (Structured Warrant).

BAN Structured Warrants

The sell down is purely o support the expiring "Structured" warrants.

I just think it's necessary for the retail investing community to rise against any furthur issuance of CFD's (Structured Warrant).

BAN Structured Warrants

Stockraider as usual the AHole with the stupidest analysis.

2021 & 2022 guidance has already been given the Glove industry. Even the Analysts echo the same. And then they ALSO say lower PE is based on 2022 valuation. What crap.

In 2022 Top Glove EPS (without furthur dilution) will be over RM 1.5
So, you'll assign a Forward PE of 4 ?

Get real.

glovefinish, am glad that YOU accept there's manipulation by the IB's.

Ibelieve, no doubt. All paid keyboard warriors.

JP Morgan's call is purely to support IB's like Macquarie and others who have issued Warrants. No basis for the assessment at all.

With lead times of over 500 days, orders booked today at today's elevated ASP will reflect on the accounts 500 days from now. That's CY( Calendar Year) 2022

IB stooges are shit scared now. IB loses money, none of them will get paid

@RJ87, the plantation and construction sectors don't have the kind of money these leeches like Sam Singh can try and suck.

moneymakerx, you hit the nail on the head.

THIS IS HUGE !!!

https://uk.reuters.com/article/us-malaysia-top-glove-breakingviews/breakingviews-rubber-glove-selloff-gets-out-of-hand-idUKKBN28Q0BD

Even Reuters thinks so !!!

https://uk.reuters.com/article/us-malaysia-top-glove-breakingviews/breakingviews-rubber-glove-selloff-gets-out-of-hand-idUKKBN28Q0BD

Posted by Sam Singh > Dec 16, 2020 6:45 PM | Report Abuse

@Morpheus61 Sam Singh, do you even know what humans want ? Dickface.
...
Typical `reply' from a mental retard.
Do you even understand what you are writing?
_________________

Ofcourse I do you two-faced schizophrenic. You need to understand what humans want beofre you can fight for their rights AHole.

Sam Singh, do you even know what humans want ? Dickface.

AlvinTSK, Speak for yourself. We have some smart people here. Apart from you ofcourse

With all the Hype over vaccines, the desperate attempts by IB stooges like stockraider, Sam Singh, etc.

Demand Drop. ASP drop. Supply glut.

The IB's must be shitting in their pants. I shiver to think of a situation when the IB has to pay out on warrants with prices for TG over RM 20.

Hundreds of Millions of Warrants & RM 10-15 per warrant ???? HOW I WISH THAT WOULD COME TRUE.

stockraider, Fu*k off

stockraider, go Fu*k off

Still 103.5 Million Net Short Selling position as of yesterday. hey must cover soon.

"Contract For Difference" very tenderly called "Structured Warrants" are a wealth destroying instrument.

Only the issuer gains while the common investor loses his money. We are literally at the mercy of the IB's. If they make a mistake, we must pardon them and give them an opportunity to make good their losses ?

I DON'T THINK SO.

Calling for a vote to BAN STRUCTURED WARRANTS IN MALAYSIA.

Posted by Agjl > Dec 16, 2020 9:55 AM | Report Abuse

https://klse.i3investor.com/m/blog/gloveharicut/2020-12-16-story-h1538...

CIMB vs JP MORGAN.....

Who do u trust and who do u support?
_________________________________________________________________

NEITHER !!!

Hey Sam Singh, how many have died in Malaysia already due to Covid? Does human rights mean picking on one company because one person died ?

In a pandemic situation Top Glove has managed to keep functioning and keep its infections low. One person died. It's unfortunate. 300,000 people dies in the USA so far. Go sue Trump

Go sue the Trump. Already 300,000 have died

How many hundreds of thousands of people have died due to Covid 19 already and only Top Glove is irresponsible? Prick.

510 days means the sales made today will reflect only in FY 2022

Sorry, what I meant was the lead time of 510

Analysts talk about reduced ASP in FY 2022. The lead time is 510

Stop pussy screaming Bitch. How much did the IB pay you to write that Thrash ?

You refer to the sentiment. Absolute nonsense. The Analysts like you give these figures based on exercise prices of the call Warrants. Do you guys have the guts to stop issuing Structured Warrants ?

How come you have a lowered outlook for 2022 then ?

Isn't the company selling product today at today's elevated ASP that will reflect in 2022?

If the lead time is 510 and 340 days, isn't the company selling products today, that will reflect on the P