shark playing , kicking ikan bilis

previous estimate target price 28 , now estimate 23.
seems ib is "adjusting the premium lower" to try match close with market price

C14 premium start to lower down from 48% to 36% , soon present opportunity to buy

harta result out. great. now waiting for superman to upppppp.......

https://www.msn.com/en-us/health/medical/a-coronavirus-vaccine-wont-ch...

The Washington Post
A coronavirus vaccine won’t change the world right away
Carolyn Y. Johnson 11 hrs ago

https://www.msn.com/en-us/health/medical/a-coronavirus-vaccine-wont-ch...

The Washington Post
A coronavirus vaccine won’t change the world right away
Carolyn Y. Johnson 11 hrs ago

https://www.msn.com/en-us/health/medical/a-coronavirus-vaccine-wont-change-the-world-right-away/ar-BB17u7JQ?li=BBnb7Kz

The Washington Post
A coronavirus vaccine won’t change the world right away
Carolyn Y. Johnson 11 hrs ago

https://www.channelnewsasia.com/news/world/covid-19-coronavirus-vaccin...

World
Don't expect first COVID-19 vaccinations until early 2021: WHO expert

http://www.msn.com/en-us/health/medical/when-a-coronavirus-vaccine-get...

CNN
When a coronavirus vaccine gets approved, huge hurdles remain for distribution

By Sara Murray, CNN 6 hrs ago
23/07/2020 1:45 PM

https://www.channelnewsasia.com/news/world/covid-19-coronavirus-vaccin...

World
Don't expect first COVID-19 vaccinations until early 2021: WHO expert

http://www.msn.com/en-us/health/medical/when-a-coronavirus-vaccine-get...

CNN
When a coronavirus vaccine gets approved, huge hurdles remain for distribution

By Sara Murray, CNN 6 hrs ago

https://www.channelnewsasia.com/news/world/covid-19-coronavirus-vaccine-trials-progress-who-12954644

World
Don't expect first COVID-19 vaccinations until early 2021: WHO expert

http://www.msn.com/en-us/health/medical/when-a-coronavirus-vaccine-gets-approved-huge-hurdles-remain-for-distribution/ar-BB174pcB?li=BBnb7Kz&ocid=iehp

CNN
When a coronavirus vaccine gets approved, huge hurdles remain for distribution

By Sara Murray, CNN 6 hrs ago

Wonderful "promotion + advertisement" ................ alll the big USA fund is going sit up & pump in more fund this year , get ready for another high wave ride 100% !!!!!

https://www.bloomberg.com/news/articles/2020-07-19/a-1000-rally-has-glove-maker-stock-mania-outpacing-even-tesla?srnd=premium-asia

.....In Southeast Asia, makers of rubber gloves are attracting more investor fervor than even the electric cars and flame throwers of Elon Musk. Top Glove Corp. is up 389% this year in Kuala Lumpur, the most on the MSCI Asia Pacific Index, while Supermax Corp. has leaped more than 1,000%, compared with Tesla’s 259%. That’s due to the boom in glove demand thanks to the coronavirus pandemic, aided by a short-selling ban in Malaysia till year-end.

“The rally in glove makers reminds many of Tesla but the sector’s earnings outlook is more certain than that of Tesla,” said Ross Cameron, a fund manager at Northcape Capital Ltd., which overseas about $7 billion in assets globally. The short-selling ban has had a minor contribution to the rally while “we expect the sector to report significantly more than 100% earnings growth next year,” he said.

Fund managers at Northcape and Samsung Asset Management have increased their bets on the sector this year saying the shift in glove demand is structural and many market participants are still behind the curve.
Still, a faster-than-expected development of a vaccine to treat Covid-19 risks putting the brakes on the spectacular rally in glove makers’ shares. The U.S. Customs and Border Patrol has placed a detention order on disposable gloves made by Top Glove. Top Glove said in a statement on Thursday that the issue may be linked to foreign labor and it is reaching out to U.S. Customs to seek to resolve the matter within two weeks

........Fund managers and analysts said the company could still ship their gloves to the U.S. using other units. Also any cancellation of orders would be offset by demand from other countries due to the acute shortage.

For now, the order books have swelled, glove prices have skyrocketed and companies are aggressively expanding their capacity to meet orders.

Great free "promotion + advertisement" ................ alll the big USA fund is going sit up & pump in more fund this year , get ready for another high wave ride 100% !!!!!

https://www.bloomberg.com/news/articles/2020-07-19/a-1000-rally-has-glove-maker-stock-mania-outpacing-even-tesla?srnd=premium-asia

.....In Southeast Asia, makers of rubber gloves are attracting more investor fervor than even the electric cars and flame throwers of Elon Musk. Top Glove Corp. is up 389% this year in Kuala Lumpur, the most on the MSCI Asia Pacific Index, while Supermax Corp. has leaped more than 1,000%, compared with Tesla’s 259%. That’s due to the boom in glove demand thanks to the coronavirus pandemic, aided by a short-selling ban in Malaysia till year-end.

“The rally in glove makers reminds many of Tesla but the sector’s earnings outlook is more certain than that of Tesla,” said Ross Cameron, a fund manager at Northcape Capital Ltd., which overseas about $7 billion in assets globally. The short-selling ban has had a minor contribution to the rally while “we expect the sector to report significantly more than 100% earnings growth next year,” he said.

Fund managers at Northcape and Samsung Asset Management have increased their bets on the sector this year saying the shift in glove demand is structural and many market participants are still behind the curve.
Still, a faster-than-expected development of a vaccine to treat Covid-19 risks putting the brakes on the spectacular rally in glove makers’ shares. The U.S. Customs and Border Patrol has placed a detention order on disposable gloves made by Top Glove. Top Glove said in a statement on Thursday that the issue may be linked to foreign labor and it is reaching out to U.S. Customs to seek to resolve the matter within two weeks

........Fund managers and analysts said the company could still ship their gloves to the U.S. using other units. Also any cancellation of orders would be offset by demand from other countries due to the acute shortage.

For now, the order books have swelled, glove prices have skyrocketed and companies are aggressively expanding their capacity to meet orders.

Great "advertisement" ................ alll the big USA fund is going sit up & pump in more fund this year

........Fund managers and analysts said the company could still ship their gloves to the U.S. using other units. Also any cancellation of orders would be offset by demand from other countries due to the acute shortage.

For now, the order books have swelled, glove prices have skyrocketed and companies are aggressively expanding their capacity to meet orders.

Hootttttttt $$$$$$$$ + foreign fund .............going to jam pack into Malaysia glove markets

get ready for another wave riding to the moonnnnn.

https://www.bloomberg.com/news/articles/2020-07-19/a-1000-rally-has-glove-maker-stock-mania-outpacing-even-tesla?srnd=premium-asia

.....In Southeast Asia, makers of rubber gloves are attracting more investor fervor than even the electric cars and flame throwers of Elon Musk. Top Glove Corp. is up 389% this year in Kuala Lumpur, the most on the MSCI Asia Pacific Index, while Supermax Corp. has leaped more than 1,000%, compared with Tesla’s 259%. That’s due to the boom in glove demand thanks to the coronavirus pandemic, aided by a short-selling ban in Malaysia till year-end.

“The rally in glove makers reminds many of Tesla but the sector’s earnings outlook is more certain than that of Tesla,” said Ross Cameron, a fund manager at Northcape Capital Ltd., which overseas about $7 billion in assets globally. The short-selling ban has had a minor contribution to the rally while “we expect the sector to report significantly more than 100% earnings growth next year,” he said.

Fund managers at Northcape and Samsung Asset Management have increased their bets on the sector this year saying the shift in glove demand is structural and many market participants are still behind the curve.
Still, a faster-than-expected development of a vaccine to treat Covid-19 risks putting the brakes on the spectacular rally in glove makers’ shares. The U.S. Customs and Border Patrol has placed a detention order on disposable gloves made by Top Glove. Top Glove said in a statement on Thursday that the issue may be linked to foreign labor and it is reaching out to U.S. Customs to seek to resolve the matter within two weeks.

Key words :
Still, management remains unconcerned, believing that the matter will be resolved in two weeks, and that the current stock being held will be taken up by other buyers. At the same time, Top Glove will still be able to import to the US through Aspion Sdn Bhd.

Key words :
Still, management remains unconcerned, believing that the matter will be resolved in two weeks, and that the current stock being held will be taken up by other buyers. At the same time, Top Glove will still be able to import to the US through Aspion Sdn Bhd.

Key words :
Still, management remains unconcerned, believing that the matter will be resolved in two weeks, and that the current stock being held will be taken up by other buyers. At the same time, Top Glove will still be able to import to the US through Aspion Sdn Bhd.

https://focusmalaysia.my/mainstream/top-glove-blames-activists-foreign...

Top Glove blames activists, foreign press for US detention order
By Xavier Kong | an hour ago | Mainstream

https://focusmalaysia.my/mainstream/top-glove-blames-activists-foreign...

Top Glove blames activists, foreign press for US detention order
By Xavier Kong | an hour ago | Mainstream

https://focusmalaysia.my/mainstream/top-glove-blames-activists-foreign-press-for-us-detention-order/

Top Glove blames activists, foreign press for US detention order
By Xavier Kong | an hour ago | Mainstream

Now waiting period is 400 days, if US don't want, other countries grab .... "steal" from US (as US steal the masks from Europe)

If read the annual report, US occupy 27% of Top Glove market sales.
Since pandemic is on going, TG will then channel to other countries mainly South America (esp Mexico, Brazil, Chile) , India and Europe where demand also in shortage of glove.

Now waiting period is 400 days, if US don't want, other countries grab .... "steal" from US (as US steal the masks from Europe)

In addition, China experience heavy flooding that wipe off USD 8 billion economic value.
Many factories in deep shit & that also will create pandemic of shortage of PPE.

If read the annual report, US occupy 27% of Top Glove market sales.
Since pandemic is on going, TG will then channel to other countries mainly South America (esp Mexico, Brazil, Chile) , India and Europe where demand also in shortage of glove.

In addition, China experience heavy flooding that wipe off USD 8 billion economic value.
Many factories in deep shit & that also will create pandemic of shortage of PPE.

http://www.msn.com/en-us/news/world/flu-virus-with-pandemic-potential-...

BBC News
Flu virus with 'pandemic potential' found in China

http://www.msn.com/en-us/news/world/flu-virus-with-pandemic-potential-found-in-china/ar-BB167fvB?li=BBnb7Kz&ocid=iehp

BBC News
Flu virus with 'pandemic potential' found in China

http://www.msn.com/en-us/news/us/our-luck-may-have-run-out-californias...

‘Our Luck May Have Run Out’: California’s Case Count Explodes

http://www.msn.com/en-us/news/us/our-luck-may-have-run-out-californias-case-count-explodes/ar-BB167I8p?li=BBnb7Kz&ocid=iehp

‘Our Luck May Have Run Out’: California’s Case Count Explodes

SC AND BURSA MALAYSIA EXTEND SHORT SELLING SUSPENSION UNTIL 31 DECEMBER 2020

26 June 2020 | Kuala Lumpur

The Securities Commission Malaysia (SC) and Bursa Malaysia Berhad (Bursa Malaysia) have decided to further extend the temporary suspension of short-selling to 31 December 2020.
There will not be any change to the scope of the suspension, in that, it applies to Intraday Short Selling (IDSS) and Regulated Short Selling (RSS), as well as intraday short selling by Proprietary Day Traders. Permitted Short Selling (PSS) is not affected by the temporary suspension of short selling, as PSS is necessary for market makers to market make the relevant securities such as exchange traded funds efficiently.

The temporary suspension, which began on 24 March 2020 was extended on 28 April 2020, and is scheduled to expire on 30 June 2020.
SECURITIES COMMISSION MALAYSIA
BURSA MALAYSIA BERHAD

SC AND BURSA MALAYSIA EXTEND SHORT SELLING SUSPENSION UNTIL 31 DECEMBER 2020

26 June 2020 | Kuala Lumpur

The Securities Commission Malaysia (SC) and Bursa Malaysia Berhad (Bursa Malaysia) have decided to further extend the temporary suspension of short-selling to 31 December 2020.
There will not be any change to the scope of the suspension, in that, it applies to Intraday Short Selling (IDSS) and Regulated Short Selling (RSS), as well as intraday short selling by Proprietary Day Traders. Permitted Short Selling (PSS) is not affected by the temporary suspension of short selling, as PSS is necessary for market makers to market make the relevant securities such as exchange traded funds efficiently.

The temporary suspension, which began on 24 March 2020 was extended on 28 April 2020, and is scheduled to expire on 30 June 2020.
SECURITIES COMMISSION MALAYSIA
BURSA MALAYSIA BERHAD

SC AND BURSA MALAYSIA EXTEND SHORT SELLING SUSPENSION UNTIL 31 DECEMBER 2020
26 June 2020 | Kuala Lumpur

SC AND BURSA MALAYSIA EXTEND SHORT SELLING SUSPENSION UNTIL 31 DECEMBER 2020
26 June 2020 | Kuala Lumpur

bursa better BAN IDSS till year end.

if let IDSS buat kaciou, many companies will have more trouble as most in slow recovering mode & more ikan bilis got goreng & burn.

better Ban IDSS till year end as market still weak & many companies in recovering stage.
IDSS buat kaciou saja.

all glove counters almost sama - sama pattern

all glove counters almost sama - sama pattern

market still uncertainty, covid 19 second wave ongoing, better ban RSS + IDSS till year end.

https://www.bloomberg.com/news/articles/2020-06-15/gloves-boom-during-virus-spawns-new-billionaires-in-malaysia?srnd=premium-asia

today bloomberg publish , yet again, glove stories, hot money will start to gather & make a big splash on glove counters again. hold tight tight........ shooting to the moon again

https://www.bloomberg.com/news/articles/2020-06-15/gloves-boom-during-virus-spawns-new-billionaires-in-malaysia?srnd=premium-asia

today bloomberg publish , yet again, glove stories, hot money will start to gather & make a big splash on glove counters again. hold tight tight........ shooting to the moon again

https://www.thestar.com.my/business/business-news/2020/06/15/recovery-rally-has-further-to-run-so-buy-stocks---morgan-stanley

https://www.thestar.com.my/business/business-news/2020/06/15/recovery-rally-has-further-to-run-so-buy-stocks---morgan-stanley

all glove counters similar pattern in dropping i.e. TG, Harta, Kosan, Super, Comfort

all glove counters similar pattern in dropping i.e. TG, Harta, Kosan, Super, Comfort

https://www.bloomberg.com/graphics/2020-coronavirus-cases-world-map/?srnd=premium-asia

look at the numbers of Covid 19 (by countries & are increasing)