No need to be so smart, just have better quality info will make big difference.......

Lim has made more from TG than anybody else............should hv followed him for past 15 years, would hv made plenty....

Insiders have access to a lot more statistics, abit arrogant to doubt the basis of their confidence......lol

Oops! Phillip sold before the amazing glove bonanza began.............got it wrong huh!

Phillip, what did you do with your lorry loads of TG?.
Must have made huge profits from them!

ASPs wont drop off a cliff, it will be a gradual decline.......

13:44 15 Dec 2020
VIP Gloves executive director demonstrates
confidence in nitrile glove strategy with on-market
purchase
VIP Gloves Ltd (ASX:VIP) executive director WM Chen has demonstrated his
confidence in the company's nitrile glove supply strategy by purchasing shares
in an open trading window period.
Chen acquired 870,000 shares at 7.5 cents per share in a direct interest and
now holds 47,020,948 ordinary shares in the company.
Glove industry market trends
VIP Gloves is encouraged by the market trends in the glove industry with the
average selling price of gloves for its peer Top Glove (KLSE:TOPGLOV)
growing 201.8% year-on-year for the quarter ended November 30, 2020.
Thanks to margin expansion and better economies of scale, Top Glove's
1QFY21 EBITDA margins rose 54.1% year-on-year (yoy) to 70.2%, despite
higher raw material prices (nitrile latex: +24% yoy, natural rubber: +18% yoy).
Top Glove has also declared its first interim dividend of 16.5 sen per share.
This represents a 56% payout (50% usual dividend policy + 6% special).
Order book full to end of 2021
VIP's sales order book for nitrile gloves has increased and is currently full for
delivery up to the end of 2021.
To fulfil its existing sales orders and to enable the company to commit to new
orders, VIP Gloves is urgently pursuing completion of the installation of new
production lines.
Progress for the installation of new production lines is progressing well, with
lines 5 and 6 targeted to be completed by December 2020, and lines 7 and 8
due to be completed by April 2021.
Executive director WM Chen said: "Our factories are currently working 24/7 to fulfil the existing orders and new orders
are still coming in with higher average selling prices."
Average selling prices (ASPs) have continued to rise over the last several months due to increased demand.
The company anticipates a 50% increase in the ASP for the current quarter ending December 2020, from the US$50
per 1,000 pieces achieved in the July to September 2020 quarter.

https://www.proactiveinvestors.com.au/companies/news/936163/vip-gloves-encouraged-by-200-growth-in-average-selling-price-of-gloves-for-peer-936163.html

13:44 15 Dec 2020
VIP Gloves executive director demonstrates
confidence in nitrile glove strategy with on-market
purchase
VIP Gloves Ltd (ASX:VIP) executive director WM Chen has demonstrated his
confidence in the company's nitrile glove supply strategy by purchasing shares
in an open trading window period.
Chen acquired 870,000 shares at 7.5 cents per share in a direct interest and
now holds 47,020,948 ordinary shares in the company.
Glove industry market trends
VIP Gloves is encouraged by the market trends in the glove industry with the
average selling price of gloves for its peer Top Glove (KLSE:TOPGLOV)
growing 201.8% year-on-year for the quarter ended November 30, 2020.
Thanks to margin expansion and better economies of scale, Top Glove's
1QFY21 EBITDA margins rose 54.1% year-on-year (yoy) to 70.2%, despite
higher raw material prices (nitrile latex: +24% yoy, natural rubber: +18% yoy).
Top Glove has also declared its first interim dividend of 16.5 sen per share.
This represents a 56% payout (50% usual dividend policy + 6% special).
Order book full to end of 2021
VIP's sales order book for nitrile gloves has increased and is currently full for
delivery up to the end of 2021.
To fulfil its existing sales orders and to enable the company to commit to new
orders, VIP Gloves is urgently pursuing completion of the installation of new
production lines.
Progress for the installation of new production lines is progressing well, with
lines 5 and 6 targeted to be completed by December 2020, and lines 7 and 8
due to be completed by April 2021.
Executive director WM Chen said: "Our factories are currently working 24/7 to fulfil the existing orders and new orders
are still coming in with higher average selling prices."
Average selling prices (ASPs) have continued to rise over the last several months due to increased demand.
The company anticipates a 50% increase in the ASP for the current quarter ending December 2020, from the US$50
per 1,000 pieces achieved in the July to September 2020 quarter.

Those administering vaccine surely want to use gloves, whether they have stock is another matter....

Growing glove demand has been always been driven by hygene awarness. This awarness in turn was driven by education. Just imagine the jump in hygene education triggered by Covid.....

.@swagger855 Supermax wont stay in klci index for long. Likely to be removed in the next review, which will be around june.

>>>>>>>>>>

Supernax profits, only for next 2 yrs, should be more than half of current Market Cap ......will have plenty of leftover cash after expansion plans for their share of the 15%. CAGR glove market .......

What do u suppose they gona do with it all that left over cash......

TG is super hot now........

@Sam Singh @Nicolas Nelson Ong Guys i wana buy tickets at RM 6 @20,000,000 shares ....anyone wana sll his tickets ?
...
Here's a bald-faced liar TALKING BIG.
Who are you trying ti impress?

The only thing big about you is your mouth.
And the hole in your backside...
after selling to Africans at Chow Kit MUAHAHA!

>>>>>>>>>>>

Sam, ur mama loosing market share at Chow Kit, pity her la...........

SamSing, better quietly buy Tg put warrant......lol

Shorts gona get overwhelmed................

A short squeeze is a rapid increase in the price of a stock owing primarily to technical factors in the market rather than underlying fundamentals. A short squeeze can occur when there is a lack of supply and an excess of demand for the stock due to short sellers covering their positions.

Short squeeze coming............

I suspect today last chance to grab TG........smooth sailing from tomorrow

How the shorties going to react................. Double down or..........?

Where the shorties.............hahahhaha.........

Fun will start once approaching 6.60.........

No change means no more chance of windfall......... All the way now......

MR LIM HOOI SIN
14 Dec 2020
1,563,000
Acquired

MR LIM JIN FENG
14 Dec 2020
1,563,000
Acquired

PUAN SRI TONG SIEW BEE
14/12/2020
1,563,000
Acquired

Lol, insiders bought alot yesterday............. Rocket coming soon...............

What moat? Look at Supermax growth rate for past 20 years.............

Hahaha........... who are these people so brave to short Super......... short term maybe ok...... Very very risky play..........

By the time recovery companies recover few years down the line, next virus outbreak will be just around the corner....... Lol

Once cross 6.60 will be inreresting........ Lol

Plantations........ As well........ So many options.....

So brave to short ah? TG have so much cash, can buy many companies like packaging, automation.............

Just a small warning from Stanley will be taken very seriously, small SBB of 488,888 will do....lol

Looks like unprecedented demand has given 'spot order' new meaning....... a whole new 'spot' sub category needs to be created for glove industry....

In finance, a spot contract, spot transaction, or simply spot, is a contract of buying or selling a commodity, security or currency for immediate settlement (payment and delivery) on the spot date, which is normally two business days after the trade date.

TG Spot orders allocation sold out for next 3 months........

Gross underestimation of rise in ASP............it is skyrocketing.........

@burstglove Many sohai will lose underwear later today hahahaha

>>>>>>>>>>>>>>>>

Hey, don't steal my expensive bamboo cotton underwears!!!
Supermax sponsor for me, among many other things...
Any missing i know its u...... Lol

Gloves are super hot today......

@RealEstateMogul Billionaire Bill Gates says Covid-19 pandemic lockdown to last until 2022:-
https://www.dailymail.co.uk/news/article-9050229/Bill-Gates-says-entering-worse-phase-COVID-pandemic-predicts-lockdowns-2022.html

>>>>>>>>>>>>>>>

Glimpse into what coming up to 2022........
Coming from someone whom i doubt owns any glove stocks............. Lol

Hahhaha........... Looks like vaccine price will come down much faster than glove price.... .....lol

.
Spot price also hv q now, 3 months.... Lol

Company knows exactly how much profits coming......... already give guidance.............dont get confused........focus on the company's guidance..........

.
ASP rise will suprise all but a few......................... Few sifus here already knew........ then also sifus hands shaking.........if one quarter RM2B, can buy or not........ factored in or not?............. Lol............by Q4 PAT should be around RM2B................ How then? ......... Share price rm6?......lol.......jokers........

The profits are irresistible........

Glove party will resume soon...............standby

desert will be served soon......

Stanley magic in the process..... Lol

This time Stanley will remove gloves for battle............... somebody gona get hurt real bad............. Lol

Short sellers using borrowed shares ..........lets see what happens. .........

Expiring soon CWs nearly Zero premium, let the IBs keep those...........

Keep track of CWs premiums............ If premiums start rising...................u know the game is on......... Dont miss it.