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@pjseow GloveOff , I was using the consensus Projected Earning from.UOBKay Hian Analyst report dated 8/9/2021. Please read my comment below which is very clear . The consensus projected earning for supermx in.FY2023 at normalised ASP of US 25.5 was RM 882 million which is 7.1 X of FY.2019 earning of ONLY 124 millions.
Pls dont simply said I used Last year briefing to project supermx FY 2023 earning.
GO , you seems to have dimentia problem. My comment was only 5 days ago.
19/09/2021 4:53 PM

Haha pjseow, I m beginning to think that the shortists/sharks purposely send in clowns who are either poor in math skills or with poor memories just to taunt and frustrate us glovers, bcos they know if they hired smarter goons, the goons will have more dignity and self pride than to simply make ridiculous claims. Either that or they thought can save some cost by hiring cheap goons who may cost them more at the end, as we can see now, their total net short position is seriously rising to unsustainable level for them.

@IronShirt So who are RSS jolly Good Fellow going to run out of Money----PNB, EPF, KWSP, MayBank,
RHB, CIMB, and JPMorgan( actually very small player But His clients are every Billionaries around
the World )
19/09/2021 4:35 PM

Not run out of money but run out of the 4% RSS quota.

@MoneyMakers Tunafa u really need find new master..or mybe u can upgrade become master since u learn from biggest idixt..can continue his legacy
19/09/2021 3:57 PM

Haha MM, in the first place pjseow is not my master, only a low IQ person will make that conclusion. I was just gonna say maybe u need to find a new master, but then I realized that the reverse is true and that ur short and bald master should be looking for a new goon. He should come to some realization soon that he is overpaying for a low IQ goon who is making a total fool of himself in the forum with the daily 65sen premature ejaculation fantasy. That's why glovers are not cowed to cut loss yet due to ur daily stand up comedy.

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@MoneyMakers Even nobel winner scientist cannot explain to someone soo stupd like u
19/09/2021 11:08 AM

MM, Even nobel winner scientist cannot explain to someone soo stupd like u that the share price of a public listed company cannot go below the cash in hand value of the company. If that can happen someone would have buy up all the available shares in the open market.

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@MoneyMakers Company got no cash with shareholders

Shareholders only get new factory generating 2x production

2x production = 2x prepandemic profit = prepandemic EPS (after bonus issue) = prepandemic share price (65sen)..simple
19/09/2021 12:39 PM

MM, don't be so unfair to Stanley la, he not only building 2X new factories but has been quite generous giving money to loyal shareholders every qtr , and u say like that, don't be so sour grape la. Pjseow alrdy calculated at current price, its alrdy at prepandemic price. 65sen only exists in ur premature ejaculation fantasy.

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@GlovesOff What if none? Surely there is Plan B ???
********
wait la for the RSS suspension, then confidence will immediately improve for the Big4
19/09/2021 11:55 AM

Aiyoh GO, Plan B is Buy more if price dip further la. Ngam Ngam my 100+k dividend come in would be right time for Plan B(uy)

@sharemarket21 It's overall low volume and many factors. Last time blamed call warrants, IB manipulations and room paid commenters. Now RSS. Not once we admit it's own ourselves doing. Silent is admission sometimes. Keep talking when thing is not going smooth is excuses and denial. From 24 to 5 now...Someone took your winnings already including the crooked room moderator here. Remember you are a bird and not chicken yet. The choice is ours.
19/09/2021 12:24 PM

Hey SM21, I think u sounded smarter when u were silent. Everytime u open ur mouth ur standard jatuh further, so u should just admit its ur own fault for having a low IQ.

@MoneyMakers U only feel 65sen is undervalue b’coz u bought very2 high

In reality, future profits/cashflow can only support share price 65sen
19/09/2021 1:14 PM

Aiyoh MM , u only think its fair value bcos ur shorty and bald boss is paying u 50sen per post. So to u 65sen per share is alrdy a premium. U r real pathetic selling urself so cheap la.

@ThePowerOfGlove RSS shorting gang are not really concerned about us losing our money

They're actually concerned about themselves losing their money, when their scaremongering job doesn't work on us anymore & they fail to drag the stock price down further
19/09/2021 1:39 PM

Spot on ThePowerOfGlove, their 4% RSS quota = 108,840,000 ,
current short position (15/9) = 75,187,861
balance bullets = 33,652,139
They alrdy used 2/3 of bullets, with 1/3 left they will struggle to press below 2.0, let alone 65sen. That's why they need more retailers to cut loss at this price, so that they can save more bullets to press further down later. So it means, if u cut loss, u r only helping the ppl who have robbed u in the first place, to further rob others. If u hold, then they have to keep dispensing their borrowed bullets until they run out. Then what happen after that would be interesting to watch.

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@MoneyMakers Tonee No one waiting to buy <2.0..only u & ur fake topup announcements

Queue 65sen better
18/09/2021 10:56 PM

Haha MM, my "fake topup" is more real than ur 65sen premature ejaculation.

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@GlovesOff "China could emerge as a major force in the global rubber gloves market and threaten the dominance of Malaysian companies in the long term" said Kuan

............ so Hartalega boss waterfish ?
18/09/2021 7:50 PM

Aiyoh GO, he said "could" mah,and not "will". He qualified it and he was right to do so. His statement was 1 month before the TG US ban uplift and USTR statement that they are considering whether to reimpose the medical product tariff on China. If US set off the tariff and trade restrictions
on China medical products, this may kick off a cascading effect on China glovemakers esp Intco in trying to make in roads into US/UK/EU markets.

@pjseow Tonee , Wow haha .your imagination is great but the joke is not about Monica Lewinsky spermx joke .The joke is about Bill.Clinton s thinking that he can get still get a US 65 per session pre pandemic price but got a sacastic reply . I will.share the joke later after I give MM a satirical reply on his repeated day in day out 65 sen supermx prepandemic price.
18/09/2021 7:49 PM

Ha, pjseow , that MM everyday and night is fantasizing on the prepandemic 65sen and getting off with his premature ejaculation. Can't wait to hear ur BC joke.

Yup kbtsyl68, spot on. some self declared sifu always post some website selling cheap China glove products to create a misconception against the top range glove ASP. That's like comparing Petaling Street LV bags with Champs-Elysees Avenue LV bags. Also the US/UK/EU market are more concerned about the glovemakers background and strict ESG compliance, not just the quality compliance. China is not as forth coming in terms of audit compliance. With TG ban uplifting, it has at one go, cleared the Big4 of any negative image of being non-compliant.

China gloves will face more headwind going forward bcos of the political and economic conflict with US/UK/EU/Japan/OZ. They will impose more restrictions on the medical products. Once US re-impose the medical products tariff on China glove, the rest will follow suite to impose more restrictions. UK and EU have been raising ESG issues against China glove makers too. I believe China gloves would be less of a threat than what was feared. If US reimposed the tariff, ASP may also rise in tandem with the tariff.

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Likely this coming QR will reflect a drop in revenue and PAT due to the lockdowns and dropping ASP, and this has been reflected in the current low price. My estimate for coming QR PAT is ard 500mil. I know some cowardly guy will not agree. However, the following QR shall see better results due to catching of the back log orders, and ASP will stabilize at the same time. Same goes to TG and rest of glovemakers.

Haha pjseow, I thought that was the 69sen spermX Bill Cliton joke...

Hahaga GO, if I m BOD , I won't be here la. I was TonyStark but now downgraded to TonyStuck. Now hoping Bossku can help me to be TonyStark again.

Congrats Firsthand

Aiyoh GO, how much more to downgrade? At this price, the final dividend if another 0.15 would equal DY of 6%/issue, 3X what current FD will give per annum. How low more to go? Anyway, most retailers would be holding, so I wonder who would be selling except for shortists.

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@GlovesOff SO??? H & S been selling to US ... got rocket a?
***********
Next qtr result will better with resuming shipments to US.
17/09/2021 6:03 PM

Why u always see half empty with glove? The TG US ban uplift means the ESG issues affecting all Msia gloves are now over, bcos all Big 4 have taken the right steps to comply with the strictest interpretation of the forced labour rules compliance. Even EU would need to recognize that US being the world standards bearer has cleared all the Big4 of non compliance. However, next are the palm oil and tech counters, which have not been tested yet by US or EU ban. So glovers can heave a sigh of relief that ESG nightmare is now behind them alrdy.

@GlovesOff Tony, my parting gift to you, the forces are strong, this will always be gloves achilles heel

https://news.mediabox.pk/2021/09/13/debt-bondage-payouts-flow-to-worke...
17/09/2021 12:26 AM

Thanks GO for ur parting gift. So, goodbye?
With TG ban uplifted, that will send a clear msg to EU Msia glovemakers have fully complied with US ESG standards. Now will be the tech turn to face the ban next....

Yup Larn , let them keep selling their short shares, while all retailers hang on to their tickets. At this rock bottom price, no point to CL. Just keep for the dividend and hope for a positive change ahead.

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I will continue to email to TZ and Bossku to highlight the unfair RSS trade imbalance on the Big4 and its potential damage to investors confidence on Bursa in the longer term and to recommend at the very least, RSS suspension on the Big4 for 6 months, since other counters are not affected much by RSS.

Bursa should realise that if they don't step in to protect the glove retailers, the share market will lose a big chunk of genuine investors, who will grow disillusioned and suspicious of the system, no more trust that their genuine investment base on good fundamentals can be safeguarded. Thumbs down to Bursa. The very least that can be done to ensure some order is to simply suspend RSS for the Big4 for 6 months. That will ensure a more orderly trading without >RM 20mil daily shorting to create fear and destroy confidence of the retailers.

MM you should be ashamed of urself for earning blood money and working with the crooks.

I m not saying all IBs do it, but the participating ones should look to self control and don't over exploit the victims who are alrdy hard hit by the pandemic. Have some mercy, and don't go for the total kill, just bcos u can do it.

Yup Larn, they control the whole ecosystem, from RSS to warrants, to media, to target prices, to all "licensed analysts", to knowledge of intimate details of all investors portfolios and margin accounts, to even the investment forums thru their hired goons. When there is no control by Bursa, they became too greedy this time, over step the line by unfairly victimizing all the glove retailer who were genuinely investing base on good fundamentals. There will be a longer term backlash against the IBs this time, where many serious investors may start to pull out from investing in share market.
This is casino gone rogue by cheating on their customers.

Yup Larn, the same RSS daily volume if hit MBB or PBB, they will also suffer badly. No counter on KLSE can withstand >20mil value RSS on daily basis, which was suffered by TG. With attack on TG, they can suppress all other glove counters thru their school of sharks, creating an overall bad sentiment against glove stocks.

Bursa has control mechanism when prices shoot above the stock fundamentals, but when it go way below fundamentals, there is no control at all. That's why I say at very least Bursa could have suspend RSS for the affected counters, to allow it to normalise. I think that is fair control measure. Bursa must ensure there is no over manipulation either way, up or down, coz uncontrolled over manipulation both ways could lead to serious damage to the market players.

Geek2020 RSS only benefits JP Morgan, Morgan Stanley, etc etc. foreign funds manipulate local market and bring back money to their country. What is the use of this manipulation except for Bursa to earn some fees. South Korea has suspended short selling for some time now. Has the stock market suffered from liquidity issue there? No!

We cannot lose our home just because busy chasing foreign funds to come. They are here just to su ck blood. Chase quality long term foreign funds not this leeches
16/09/2021 12:56 PM

Yup Geek2020, agree. Short selling is good in bull time to keep trading in check and balance, But in bad times it can be over abused to victimize financially weakened market players. The reason for allowing RSS is to create a more dynamic market, but at what expanse? At the expanse of hurting many genuine retailer investors? This will have a very negative longer term consequence. It will drive away many genuine investors due to huge losses suffered by them. It will be quite damaging to our stock market and the general economy. It shows the IBs have gotten over greedy at the expanse of their customers. There is no more respect for fundamentals. its winner takes all, thru bullying and unfair tactics, Its casino gone rogue.
When a counter keeps going up or limit up non stop, Bursa will impose trading limits. But when glove keep being shorted in huge quantities and on daily basis, and price keep dropping non stop everyday, why Bursa did not impose any control? At the very least Bursa could have suspend the Big4 from the RSS list for a specific period like 3-6 months to allow trading normalization. No need to suspend RSS for all stocks, just for the Big4 is good enough, as the amount of daily shorting has become abnormal. So something is very wrong with Bursa's rules to control on RSS trading.

GO, I m anti-RSSers so anyone who is anti-RSSers is on my team.

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I really pity so many glovers being tricked by the RobberSS and their goons. But cannot blame the glovers bcos they r using big funds to trick us. Hopefully Bossku can quickly fix the unsustainable situation.

@Sansing U must be a joker to let thief to be an economic advisor
15/09/2021 7:15 PM

Maybe need a thief to catch the robbers.

Bossku as economic adviser to PM is not such a bad idea, since he can see that RSS is a major problem facing the stock market now. In Parliament today, he was listing down all the actions he is gonna take once he is officially appointed.

@MoneyMakers Walao if TG left 1Bil profit, all gloves limit down..RIP
15/09/2021 5:23 PM

I have no doubt the market will look past coming QR for the glove counters, affected by the lockdowns. They will discount it base on the shutdown period and lower utilization. Its to be expected, and look to the following QR result where operation would be in full steam to catch up with backlog orders. Just ignore the tertiary level scammer who like to BS craps.
15/09/2021 5:33 PM

Larn nice Toneefa ;)
15/09/2021 5:12 PM

Hope more ppl will email to him, then he may take quicker action to suspend RSS. I have no doubt RSS has a role to play in the market, but not when the market players are most financially weakened by the pandemic. So it ended up the retailers are being brought to the slaughter house one by one. Exact words used by their most infamous goon.