Hi Ben Tan, Sri Trang (NC2) share price today up 27%, hitting record high again!

HI Ben, same thing happened again on 15-Feb. Also, the same probably happened to Harta. Thx.

Hi Ben Tan, surprisingly net short position dated 2/2 shows zero Top Glove. It was 241,895,602 shares the day before. But, the trading vol on 29-1 was only 162m shares. So, the numbers don't add up? Any idea why? Thx.

Ben Tan, thank you very much! Let's short squeeze them tomorrow.

Hi Ben Tan, EPF announced acquiring top glove shares 19,459,200 on 21-1 and 36,051,480 on 22-1. Both are SBL, which means these are the shares returned by borrower. But, based on net short position from 21-1 onwards, the net short kept going up and hit 2.92%, which is at record high. How come the net short didn't go down? I assume the borrower bought 19,459,200 and 36,051,480 shares and returned them to EPF.

Hi Ben Tan, thank you for the good article. What hurt the short sellers the most is "margin call" if they continue holding the positions. By "margin call", I mean they have to top up cash collateral if the market price goes above certain % of their short price. Shorting is a leveraged instrument. Do yo know what's this %? If it's 10%, they would have kena margin call. So, the RM2B paper loss isn't really on paper only; there's actually negative cash flow.

excellent analysis! This is the best article about gloves in recent months. Thank you!

Thank you for posting the report. Its image is blurry. Could you post a clearer one. Thx.

This technique is called spoofing, regularly used by big shark to control the market at minimal cost.

Since the earning result has been so good, why so far no brokerage research report is done on it? Maybe this is why the price doesn't move.

This article gives WRONG info:
若是杨忠礼机构在截止期取得逾90%股权，它将强制全购其余股票
Actually, only if the acceptance is >97.37%, then YTL can compulsorily acquired all the minority shares. Pls refer to the Independent Advisory Circular.

Agree with JJchan. Letting OSK-WC expired doesn't benefit OLH. So, he will extend expiry date if it's still under water next year.
For example, expiry of I-Bhd ICULS (IBHD-LB) was recently extended from 5 years to 8 years as it's under water before the original expiry date.
OLH maicai might be accumulating OSK-WC now. Once the expiry is extended, they're going to laugh all the way to the bank.

You're right. On page 9, the Q2 profit by summing up all the segments is +6,832,000 (before tax). So, Q2 is actually profitable. Why the P&L instead shows loss before tax of 15mil???

I don't think OLH would just let his OSK-WC expired. Letting it expired doesn't benefit him. So, there's a possibility its expiry date will be extended if it's still under water next year.
For example, expiry of I-Bhd ICULS (IBHD-LB) was recently extended from 5 years to 8 years as it's under water before the original expiry date.