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2021-09-15 17:07 | Report Abuse
Maybe yesterday Tengku read my email on suspending RSS for 6 months and pass to Bossku to read out in Patliament today :)
2021-09-15 16:37 | Report Abuse
Everyday pressing TG with >20mil value. Even Mbb and Pbb will surrender.
2021-09-15 16:26 | Report Abuse
YUp Larn, agree. The whole RSS thingy is very opaque. Only small number ppl know
2021-09-15 16:07 | Report Abuse
normal syndicated manipulation, but won't be as trailblazing as shortist impact.
2021-09-15 15:15 | Report Abuse
Shorties will try to cover back soon. They wouldn't want to be exposed for 6 months.
2021-09-15 15:03 | Report Abuse
@rchi MM you are tertiary level.They are kindegarten standard.How can they understand you?lol.
15/09/2021 1:17 PM
Haha tertiary level scammer worth 65sen per post.
2021-09-14 16:23 | Report Abuse
I think the shortists has gotten too greedy and overstepped the limit, that keeps the balance that ensure sustainability of the market. They need to respect the fundamentals and play within the rules. But what they are doing now has destroyed the confidence of the investors in the market
2021-09-14 15:55 | Report Abuse
Ya, actually the effect of the extreme RSS has created a situation where investors do not have any basis to evaluate the glove counters anymore. Nothing make sense alrdy whether FA or TA , bcos all basis are thrown out the window by the shortists. Its all up to their whims and fancies to maximise their profits by bullying the retailers. All that is left is fear of the unknown.
2021-09-14 15:47 | Report Abuse
@MoneyMakers Company got no cash 4 shareholders @ all set aside US factory
Future is prepandemic profits & 2-3sen div only
14/09/2021 3:38 PM
Aiyoh when build factory also got longer term pay back. Cash now or more cash in the future mah. But seriously, the over shorting is over done and should not have been allowed to go on. TG is bearing the biggest brunt now.
2021-09-14 15:33 | Report Abuse
I think it really makes no sense that counters with billions of cash in hand, and making billions annually and giving huge dividend should be shorted so aggressively everyday. I really mean everyday non stop.
2021-09-14 15:30 | Report Abuse
tengkuzafrul@mof.gov.my this is his email. Everyone should write direct to him.
2021-09-14 15:29 | Report Abuse
Geek2020 MOF Minister wants public wishlist. Those holding gloves kena whack by RSS should go petition to him to temporarily ban RSS..
14/09/2021 3:21 PM
Yup Geek2020, perhaps everyone here can write directly to him and appeal to him to suspend RSS for glove counters only, and hope he listens.
2021-09-13 23:53 | Report Abuse
I believe if once NHS confirm they win, u can bet the news would be out immediately, but meanwhile, nothing can be mentioned yet.
2021-09-13 23:13 | Report Abuse
https://bidstats.uk/tenders/2021/W22/751960290
Supermax Healthcare (Peterborough)
Value: £311,686,528
2021-09-13 23:11 | Report Abuse
https://www.supplychain.nhs.uk/savings/nationally-contracted-products/ncp-documents/ncp-faqs-vinyl-and-latex-examination-gloves/
Two suppliers have been awarded per lot to reduce risk and ensure continuity of supply.
Lot 1
Supermax Healthcare Limited (80% volume)
Semperit Investments Asia Pte Limited (20% volume).
Lot 2
Supermax Healthcare Limited (80% volume)
Unigloves (UK) Limited (20% volume).
2021-09-13 23:06 | Report Abuse
https://www.theedgemarkets.com/article/supermax-wins-contract-supply-gloves-uk
Supermax wins contract to supply gloves in UK
2021-09-13 23:04 | Report Abuse
@Firsthand Collected another block @2.74
13/09/2021 10:34 PM
Congrats again Firsthand. Khousao!
2021-09-13 23:01 | Report Abuse
@myinvestor https://klse.i3investor.com/blogs/kianweiaritcles/2021-09-11-story-h15...
Only companies with billion of cash can survive the market crash in Sep...
13/09/2021 8:22 PM
Yup agree, that's why the shorties/sharks goons are ambushing glovers as they are becoming more desperate. Time is running out soon for them
2021-09-12 14:44 | Report Abuse
@MoneyMakers KUALA LUMPUR (Sept 12): A total of 17Mil individuals or 72.7 per cent of the country's adult population have completed their COVID-19 vaccination
----------------------------------------------------------------------
https://www.thesundaily.my/home/592-covid-19-deaths-place-malaysia-as-world-s-no-4-country-in-daily-fatalities-NB8322294
592 Covid-19 deaths place Malaysia as world’s No. 4 country in daily fatalities
2021-09-12 14:39 | Report Abuse
With UK and US so anti China on trade issues, China glovemakers will face huge challenge to gain any glove supply contracts. And with TG ban lifted by US CBP, that should immediately clear the image of Msian glovemakers in general. If US taiko said no more issues with Msian gloves, all the developed nations gov't will take same position.
2021-09-12 14:34 | Report Abuse
@joyvest that's why I say OBM need not necessarily gain upper edge given the stiff competition and faced with the same high quality of products produced by their competitors who are non-OBM ,their competitors are in the better position with greater flexibility to maneuver ASP adjustment in accordance with the market condition.
12/09/2021 1:41 PM
Hey joyvest, actually OBM setup is similar to developer-contractor companies in Msia. OEM is like just being a construction firm, and they look for contracts with developers, earning ard 15% margin in good time. OBM is like a developer with its own construction arm. Developers make ard 25% margin as they take more risk and deal with added value products. So normally a developer-construction company can earn ard a combined 40% margin from a project. But in bad times, most construction firms will suffer and have hard time. But a developer-construction company will survive better as the can play around with the combined higher margin and can adapt faster to the changing environment. So an OBM setup can adapt faster with pricing in order to win a lucrative contract. Going forward, part of the challenge is to ensure utilization rate is kept at high levels to maintain a good profit level.
2021-09-11 23:46 | Report Abuse
https://www.news-medical.net/news/20210908/Mu-SARS-CoV-2-variant-highly-resistant-to-neutralization-by-convalescent-and-vaccinated-sera.aspx
Researchers in Japan have warned that the Mu (B.1.621) variant of severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) – the agent that causes coronavirus disease 2019 (COVID-19) – appears to be highly resistant to neutralization by sera from convalescent or vaccinated individuals.
Now, Kei Sato and colleagues have conducted a study showing that the variant was more resistant to neutralization by serum-mediated neutralization than all other variants of interest or concern that have been identified to date.
Virus neutralization assays revealed that B.1.621 was 12.4 times more resistant to sera taken from eight COVID-19 convalescents who were infected between April and September 2020 than the parental virus was.
The variant was also 7.6 times more resistant to sera obtained from ten individuals who had been immunized with Pfizer-BioNTech’s BNT162b2 vaccine compared with the parental virus.
“The Mu variant shows a pronounced resistance to antibodies elicited by natural SARS-CoV-2 infection and the BNT162b2 mRNA vaccine,” writes Sato and colleagues.
---------------------------------------------------------
Looks like the MU variant is confirmed to be strongly evading the current vaccines from the study.
So likely MU variant is poised to joint Delta in the 4th wave and may even take over the lead.
2021-09-11 22:36 | Report Abuse
Yup Benhobenhobenho, they alrdy discovered the version of Delta variant that can totally evade current vaccines and they call it Delta 4+.
https://www.deseret.com/coronavirus/2021/8/26/22642809/delta-variant-evade-vaccines-mutations
A new paper warns that the highly transmissible delta variant may develop mutations that help it escape antibodies developed by the COVID-19 vaccine.
The specific mutations to the virus include the K417N, N439K, E484K and N501Y mutations.The researchers for the paper, who worked in Japan, made four changes to the amino acid structure of the delta variant to test out if it could evade vaccines with specific mutations.Three of the mutations — K417N, E484K and N501Y — already exist in the beta variant, which was discovered in South Africa.So the researchers added one more mutation to create an engineered virus — called a pseudovirus, which is harmless and can’t self-replicate — called Delta 4+ and tested it against the Pfizer vaccine.
The antibodies made from the Pfizer-BioNTech vaccine could not stop the man-made virus in the lab, the researchers said.
So, the researchers said, this means the delta variant “is poised to acquire complete resistance to wild-type spike vaccines.”
2021-09-11 18:43 | Report Abuse
@Ryan83 All glove stocks waiting for Top Glove QR this Friday.Last QR profit RM2 billions and if profits drop another 50% to RM1 billion is very bearish for all glove stocks
11/09/2021 6:23 PM
Haha current price alrdy pressed down to reflect the worst profit scenario for TG. This is going to be recorded in the KLSE history as the most oversold counters ie the Big4 counters. Counters making billions being treated like they are going to go bust soon.
2021-09-11 18:36 | Report Abuse
@SinGor Who can throw price will WIN? Desperado Chinese factory can throw price ( no concern about
existing customers feelings ( small base )....If TopG and Super throw price, existing Customers
will request same price treatment....you would expect ASP plunging like bungee Drop
11/09/2021 6:09 PM
Aiyoh SinGor, don't be sour puss la. Sometimes its not just he pricing, but the good track record, quality, reliability and customer service. Once u hv been awarded before , u will have the advantage over other newer players. With OBM u hv the full flexibility to adjust the tender price compared to other distributors who have to rely on OEM manufacturers pricing.
2021-09-11 17:11 | Report Abuse
Yesterday the shortists did a strategic RSS to demoralize the TG retailers and glove retailers in general. It was a tough day for them to press down the price, and needed 17,280,200 units of short shares to do it.
Top Glove Total Net Short Position for 09/09/2021 = 182,975,392 or 2.23%
yesterday RSS = 17,280,200 or 0.21%
Let see by Monday data how much they cover back yesterday.
2021-09-11 15:59 | Report Abuse
@kbtsyl68 I find it strange why certain people who are not a shareholders in glove company keep posting unfounded negative comments here. I would welcome comments with substance to enable readers to evaluate.
Dont waste your time here if you did not have any substance to post as i believe all the supermax shareholders in this group are buying the shares for long term growth and good dividend and not speculative in nature.
I will be glad if the supermax drop further so that i can increase my shareholding.
11/09/2021 1:55 PM
Yup kbtsy168, these are the same ppl that will deny there is any manipulation by shorties and sharks, where it is stark clear what is the reality. There's is no denying without these huge RSS, the glove prices would be be able to reach this PE<2 level.
Stock: [SUPERMX]: SUPERMAX CORPORATION BHD
2021-09-15 17:18 | Report Abuse
@I3deletemycomment They need to bring up BURSA AGAIN
Rss time is running short
15/09/2021 4:45 PM
Exactly, the shortists have been pushing down the composite index by pressing down the glove counters. Memang kurang ajar, Tengku better do something about it. Its affecting the overall sentiment and confidence. For some strange reason , Bossku doesn't seem that bad after all.