U must understand the motives of certain ibs to set high target price because they holding the related stocks want u all retailers believe in the high target price continue holding and buying the share so that they can easily release sell off their holding shares to u all retailers. Retailers become the ones who collect the tickets sold by them.

$11.80 target price would be not achievable. Its current market price can't even steadly stand above $7 now. A lot of price resistance levels at its upper part that many trapped ones waiting to sell would pull down the price. The existing holders already trapped most of their money in current holding lack of bullets for further buying.

Furthermore less buyers now will chase high to buy because they alert of price risk. Even now those who want to buy they will wait until price drops to lower level won't be like its super bull at beginning of last year that buyers chased high to buy push up the price.

Now less hot money and less big players involved for speculation in glove counters to push up the price and with RSS now and IDSS coming soon to press down the price, how the price can fly to $11.80 target price. It's unlikely to happen.

Be aware SC and Bursa Malaysia would take necessary legal action against those involved in social media chatroom 'Bursabets'for stock recommendations without license.

SC, Bursa Malaysia sound warning as GameStop inspired battle spreads to glove stocks
Friday, 29 Jan 20219:29 PM MYT

KUALA LUMPUR: Stock market regulators Securities Commission (SC) and Bursa Malaysia Bhd said on Friday they will take the "necessary measures" to curb disruptive trading practices and market abuse on the local bourse.

This includes pursuing legal actions under existing laws.

"Malaysian investors are advised to be cautious of social media chatrooms that try to influence investors to buy or sell certain stocks based on speculation or rumours," they said in a joint statement today.

"Investors should also be wary of discussions in these social media chatrooms that may trigger securities breaches such as the provision of investment advice or stock recommendations without a licence."

"Any person found guilty, may be liable to a fine not exceeding RM10mil or imprisonment not exceeding ten years or both." they said.

The joint statement came as some local investors, inspired by the stock battle on Wall Street between retailers and institutional funds, started their own social media chatroom to prop up certain stocks.

Earlier today, the Minority Shareholders Watchdog Group (MSWG) said some retail investors have set up ‘bursabets’ - a new subreddit on social news aggregator site Reddit - to discuss buying up stocks of glove makers.


“Their issue is that the share prices of glove companies having dropped in recent months despite the increasing profits reported by these firms. The retail investors are looking to buy shares of medical glove makers in an attempt to drive up their prices and counter the short sellers who tend to drive the prices down, ” MSWG said in the statement earlier.

In the stock market today, shares in big glove makers rallied in heavy trading, despite the overall weaker market sentiment.

The SC and Bursa Malaysia today said they are closely monitoring the local stock market in light of the current price surge of selected stocks in the US markets, fuelled by social media chatrooms against short- sellers.

"The market dynamics between the US and Malaysia differ," the regulators said.

In Malaysia, Regulated Short Selling (RSS) is only applicable to Approved Securities in the RSS list, which currently comprises 218 securities.

"Limits are also imposed to prevent excessive short- selling activities," they said.

For those who bought it at low price still can get its capital gain even though it might not able to go up much but what about those chased high bought at high price like $8 to $10 how they can get capital gain, it's capital loss instead.

Supermx itself also admitted the demand for gloves would gradually drop to moderate level later. Whether all the glove companies able to sustain its super profit or not in future after the pandemic over let time to prove it. It's a question mark now. If its super profit can't sustain in future its stock price would definitely drop deeply to a very low level and if u didn't sell still hold tight tight for long-term would be losing money. See your luck.

The bonus issue already over. Your bonus issue to be shared out with those bought today, is it?

For those who buy now where got bonus issue.

Even though supermx earned huge profit but very obvious its dividend return is very low compared to other counters like Maybank, Public bank.

It's interim dividend declared at mid of its financial year that means its dividend yield for first half financial year based on 1000 shares bought at $6.80 is 0.56%.
The half year FD rate is 1.75%/2 = 0.875% to 2%/2 = 1%
Thus its first half year dividend yield 0.56% still lower than half year FD rate 0.875% to 1%. This also show its investment not worth.

If its price can't go up much for the capital gain and its dividend yield much lower than FD rate, your investment not worth.

Supermx only declared 3.8% dividend is too low even though it earned huge profit, it seems very stingy.
3.8% x $1000 par value of 1000 shares = $38 dividend for 1000 shares
If u bought 1000 shares today at $6.80 = $6800 your investment capital
Dividend yield = dividend $38 / investment capital $6800 x 100 = 0.56%
Its dividend yield 0.56% much lower than current FD rate 1.75% to 2%, it's not worth to invest in supermx for dividend return.

With such a small rebound can burn the shorties u are very innocent, small boy thinking. Shorties are trained expertise with skills of market manipulation they are very smart unlikely to make loss they always make money u all retailers ikanbilis are usually to get burnt. They bought back in other ways to cover the shorts that u unrealised. Do u have any friends or relatives work in ibs try to learn something from ibs through someones working in ibs.

U all here claim that shorties getting burnt in today fight actually just for your self shiok shiok sendiri only but the shorties might not take it as a matter because they don't have any loss today as u what u claim here. U think what u did to fight today is great but actually it's nothing and ignored by giant shorties. To them who u are, u all just the minority to them don't have any pressure on them.

If after QR release price also can't go up much still stagnant at current level with little rebound would be totally hopeless because all the trapped ones here can only rely on its quarter result no other way. No more things can give them the hope.

Shorties not scared only u trapped retailers scared for not able to release your self. So call Uncle koon and SBB to rescue u.

Only the holding power no use, the price can't go up much, the trapped ones can't release themselves. Forever holding until next new pandemic come, is it?

Show your power. Where is supermx power? Supermx power suppose to be great not such small only up a little not even stand steadly above $7.

If with the unite of retailers can push up the price to above $8 and $9 then I would say successful.

Those trapped ones can't release themselves how can say the fight successful. Ridiculous.

So don't dream the unite of minority retailers can beat the short sellers.

Only the retailers unite without hot money, short term funds and big players together it can't succeed because insufficient power limited bullets and the hot money short term funds will profit taking pull down the price or make the price can't go up much.

Why the dreaming ones so happy it even can't steadly stand above $7. With the unite of retailers only up a little. Hopeless.

The fight seems failed today because it can't help to push up the price much, it's still in long term down trend, short selling still on it and more to be trapped for those bought at around $7 to give the support to fight. Later the price might drop back with more panic selling since the fight unsuccessful and be beat by short sellers again.

The gamestop retailers in US market now are in nerves because the brokers there cut off leverage and restricted trading of gamestop share
网络经纪公司对本周飙升的GameStop的股票做出了交易限.

"Wall Street has been gripped by a coordinated assault on hedge-fund short positions by small traders organising over online forums such as Reddit. They lost some of their firepower overnight when brokers cut off leverage and restricted trading of some of the hottest names, such as GameStop and BlackBerry,” Reuters reported. "I'm definitely seeing the nerves," Chris Weston, the head of research at Melbourne broker Pepperstone, was quoted as saying.

报道指：“散户通过Reddit等在线论坛组织起来对战对冲基金空仓，这种情况影响华尔街。近几天横扫华尔街专业人士的散户大军隔夜遭遇打击，网络经纪公司对本周飙升的GameStop和其他几只社交媒体宠爱的股票做出了交易限制。” 墨尔本经纪商Pepperstone的研究负责人Chris Weston说：“我肯定市场有紧张情绪。”

The great show of price drop on the day when QR out or the days after.

QR out then followed by price drops. This is a norm to happen on glove stocks now.

Glovefinish is not any agent for ibs, he is only a normal investor to tell the truth here, only the innocent and fooled ones assume him as ib agent and they are just in denial mode refuse to face and accept the truth of glove stocks happening now.

The smart ones already sold off for profit taking this morning, only the fooled ones hold tight tight did'nt sell and even top up more be trapped.

Hopeless for all the glove counters including supermx because with the unite retailers also can't lead to share price shoot up, can't have limit up, thus it seems very slim chance for up trend it more likely stagnant or further down again, still remain long term down trend. Don't talk about bull those trapped at high level might be no more chance to release themselves and to be long term trapped until next new pandemic come.

That happened on gamestop in US market unlikely to happen in Malaysia market because Malaysia retailers not like US retailers. Malaysians see money first many want to release their money out rather than fighting. Furthermore Malaysia retailers not so rich as US retailers. Many already trapped their money tied with glove stocks short of bullets. Many need to spend for their living no more extra money to buy share again.

With such a small RSS volume of 500000 shares, the unite retailers also can't fight, very insufficient power. That means the unite retailers not unite at all.

Still dreaming, with the retailers unite also can't make the price shoot up and even can't steadly stand above $7 the resistance leave, how to have bull again. Don't be little boy thinking. Think logically.

U hold tight tight to fight but others including short term funds and speculators would definitely sell to release themselves for profit taking when price up due to different investors have different trading strategy and investing motives. Malaysian would definitely see money first they think u hold tight tight and buy some more to support the fight but they rather sell at higher price for money first. Cantonese speaking 'run fast for good world'.

With only the minority of retailers unite no hot money no short term funds and no big players together, furthermore limited bullets of the unite retailers how to fight against JPM, how to push up the price.

It might be opposite effect from retailers unite, many bought this morning around $7 be trapped.

With the retailers unite it seems insufficient power, price can't go up much, no limit up, more be trapped again at around $7. Even top glove also insufficient power, can't limit up. Many selling at upper part.

Thus only get a few thousands retailers with limited bullets as only the minority in whole klse to unite without the joint by hot money, short term funds and other big players, it seems difficult to succeed for insufficient power and inconsistency to manipulate the market. How long and how consistent the unite members can stand together for the market manipulation furthermore the recent market down in US and other countries might affect your efforts.

Klse market not only between retailers and JPM, still have hot money, short term funds and other big players whether they can really stand with retailers to fight against JPM. If they don't side retailers and just to operate on their own ways, retailers are difficult to succeed.

Wait to see show whether the limited gang of retailers with limited bullets can fight against the giant hedge fund JPM. This show also will test how far Malaysian retailers can cooperate and coordinate, how far the short term funds and hot money can cooperate with retailers in Malaysia. Whether that happened on Gamestop in US stock market can really happen on glove stocks in klse.

Different retailers have different trading strategy and different investment motives, short term funds and hot money also have different trading strategy and different motives from retailers. See whether they all can really unite together in klse by abandoning their individual trading strategy and profit making motives or not. It's very interesting show. I ready to watch the exciting show and want to know what its consequences it may take few days on.

Be aware homily chart analysis indicates supermx possible to drop deeply soon. Whether u believe or not up to u.

It seems u all guys are very extreme only want to have all the opinions favourable to the glove stocks and can't even open minded for the opinions unfavorable to glove stocks. U all one sided thinking for the good of glove stocks can't have any objective and logical thinking of it. If someone share the opinion unfavorable to glove stocks would be attacked u all can't even open minded to face it.

Targeted, My mom already passed away, do u want?

U can don't sell hold your tickets tight tight but u would see others selling every day even sometimes heavy selling to cause price deeply drops. Supermx already lost its super power U don't have super power to influence others in the market even they won't listen to u.

MrGlover, do u think others will agree with u since many are doing short term speculation to make money they would definitely sell for short-term profit even is a small profit not like u want to hold tight tight aim for high target price. Different investors have different ways and different trading strategy not everyone same as u. Furthermore u can't even know who they are and no way to reach them.

I never work for any ibs. U think to be like that only.

Many of u become desperate, hopeless, frustrated and annoyed until just simply find someone to fxxk. If u really want to fxxk I can introduce 'agua' or chicken for u to fxxk.

U can continue hold your ticket don't sell but others don't want to hold it to be trapped to lose money and some others want to sell it for profit taking. U have no super power to influence others, there are many in the stock market u can't reach them. Don't think like small boy. Be mature and logical thinking.

It seems many in this forum like the covid 19 virus very much, want to have it forever, don't let it go, want the pandemic to be on forever no end so that glove counters can be in bull forever for u to make money.

That means glove counters only can make money during pandemic. It can't make money without pandemic or when pandemic over. Thus many of u want the pandemic to be with u forever to make money from glove counters.
So, let the virus come to u make friend with u. U should be happy to welcome it.