Kltower, u can search it in the business page of today China Press newspaper.

Kltower, I have read it just now from the hard copy of China Press newspaper of today. U can go to buy one hard copy or search it on line yourself www.chinapress.com.my

Kltower, u have mistaken. I didn't recommend SCIB (went up 600%), UWC (up 1000%), KPOWER (up 800%) for u all guys. It might be another person did it for u.

Kltower, the top glove stocks selling by top glove company itself is true, not misleading because this news derived from today China Press newspaper dated 25-12-2020. U can go to check it.

Stock control authority and stock middle agents like ibs have incurred some control measure activities to cool down the investors' fever and heat in speculating glove stocks to avoid glove stock bubble. This led to the end of glove stock bull and its down trend return to fundamental now. Thus, all the glove stocks price come down from its peak, no speculation, no hot money and only traded by trapped retailers who talking about its fundamentals every day and bought it for long term investment even though losing money. I think it's good to have some control measure activities taken place to cool down the glove stock speculation, otherwise many glove stock crazy lovers might get burned if glove stocks buble break.

EPF further sold off 6.385 million top glove shares to open market during Christmas Eve to reduce its top glove holding to 5.18%. It's suprise that top glove company itself also sold off about 8.3 million top glove shares to open market on 17th Dec instead of share buy back. Why? EPF cut down its glove stocks holding, why? Is it the symptom of glove stocks peak time come to the end, followed by its down trend?

When kyy said supermx price up, it would be opposite price down because this old fox going to sell off his supermx by releasing good news. U all better go against him to sell ahead of him.

I have said some time ago about the glove stocks including supermx in down trend that is happening now. Time already presented as what I had said. Now I am saying no more bull for glove counters and the glove stock price would drop deeply to lower level after pandemic over. Let time to present it, wait to see. Good luck.

What I said here are logical, reasonable and possible to happen in future. Only that u all crazy, stubborn and loyal glove stock lovers are frustrated with being trapped, disappointed with no more bull refuse to face it and don't want to accept it. Anyway, let it be.

Liewtz06, the super earnings of glove companies including supermx are just for this one or two years until 2022 only, it is not sustainable after that. Most investors now don't look at its super profit and its possible increase in 2021 and 2022 but more concern focus on its profit drop to normal level post-pandemic. Thus, hot money moved out and not be back again in this one or two years nearing to the end of pandemic. If u don't believe, let time to present it. Good luck.

The trapped ones like u all being stubborn, crazy and get drunk with all the good of glove companies now don't realise and alert of the high risk of its stock price drop post-pandemic. All funds would try to release sell off glove stocks in 2021 until 2022 when glove companies are still in super profit. Funds would not wait until last minute or after 2022 when glove companies no more super profit to release their glove stocks. Only the stubborn, crazy and trapped ones would hold it tight tight even though losing money.

Liewtz06, u didn't read carefully, the 10 times increase from pre-pandemic refers to glove share price, not glove price. The pre-pandemic supermx price was about $1 plus. Its current price is about $6.80. After bonus issue of one to one, its current price $6.80 already be halved. Thus, its price now should be $6.80 x 2 = $13.60 that almost 10 times increased from pre-pandemic supermx price $1 plus.

Liewtz06, furthermore ibs tend to revise all the glove stocks downwards for the decline of its profit from super profit now back to normal profit post-pandemic. This leads to the drop of its post-pandemic market price. Anyone trapped at current high price now and keep it as long term investment tend to lose money as its price would drop deeply after pandemic. If u don't believe, let time to present it.

Liewtz06, the super profit is not sustainable after pandemic due to the decline of glove demand and asp and its oversupply. Don't forget the pre-pandemic glove demand and its asp and the glove companies' profit not at such high level as now. That means the high level of glove demand, asp and super profit now are mainly caused by pandemic. Thus, post-pandemic glove demand, asp and profit definitely drop lower than now at the peak even though it may be higher than pre-pandemic level.

The pre-pandemic glove stock prices were low to reflect its low level of profit. Its super profit now is reflected by its current price that already increased 10 times from pre-pandemic. Thus, its price tend to drop lower to reflect the decline of its profit being normal profit after pandemic.

Why glove counters to be bearish no bull even though its companies having super profit that deemed by its loyal lovers will increase until 2022? Most investors believe glove companies' super profit at the peak now or nearing to peak. After the peak, it definitely down trend that would happen after one or two years may be after 2022 when pandemic over due to the decline in glove demand and asp and also its oversupply.

These thinking and belief of most investors formed the market trend to be away from glove counters, thus hot money moved out and never be back again until the end of pandemic because of their fear to be trapped as the last ones keeping glove stocks. Glove stocks will only be hot with bull during pandemic but it would be cold and nobody looks at it, to be forgotten by most investors after pandemic. The last ones trapped keeping it would have their portfolio costly as glove stock price drop deeply after pandemic.

All glove counters including supermx seem to be bearish now traded by retailers only with small volume. Its price goes down gradually day by day no rebound. The trapped ones pump in more bullets to top up being trapped again when the price further down and eventually their portfolio would be expensive as the price drops deeply after one or two years when pandemic over.

Liewtz06, don't forget the high demand for glove, its high asp and super profit of all glove companies are mainly due to the pandemic. All these are at the peak or near to the peak during pandemic now, everything after the peak including all mentioned just now would definitely drop to lower level even though it might be still higher than pre-pandemic level.

What u mentioned to think about longer term means after one or two years later when the pandemic over, the glove demand, asp and super profit would drop from its peak to lower level resulting supermx value and its price also drop. U only think about increase but never think about it can decrease. Nothing can increase forever and nothing can be at the peak forever, it would drop after the peak that would happen in longer term as u said.

After borrowed shares from somewhere for short selling pressed down the share price, ibs would buy back it slowly and quietly without pushing up the price to cover back. Thus, the stock price won't go up much after short selling. Don't expect the stock price will shoot up.

Short selling not yet start. It (RSS) would start on 1Jan 2021. U all would see its effects on Supermx next year. Now is not short selling, it's only the manipulation by ibs for its issued call warrants expire.

Andreatan, supermx 3-4 dollars can happen after the pandemic over when WHO announce it's end.

Everyday ended with price pressing down, today also, is the evidence of manipulation by ibs for call warrants expire. This would be continuous in 2021 that leads to further down trend of supermx. Wait to see. Let time to present it. Good luck.

Those stocks with negative market sentiments, full of trapped retailers and on down trend from its bull just over like all the glove counters including supermx would be priority for short selling by ibs because it's easier to be manipulated to cause fear and panic selling among trapped retailers. That's why all the big four glove counters are on top of list for short selling as acknowledged.

Despite the glove shortage and its high demand until 2022, glove stocks including supermx price all are stagnant on down trend, no stimulus, useless. Those trapped in glove counters are frustrated with the price everyday talk to themselves the good of glove to dream for the bull come back but disappointed end of the day. With negative market sentiments on glove counters, whatever good news on it would be useless, can't push up the price.

If Ibs with huge amount of funds tend to short sell and press down supermx price, u all guys as retailers with just the small money how to fight ibs. U all can't do anything, just prepare to accept it and face its price down trend.

A lot of call warrants on glove stocks pending to expire in next year, ibs tend to press down the stock price would not push up the price. Without pushing by ibs and without involve of big players and hot money because they know ibs are pressing down the price, supermx is stagnant no bull. U all would be frustrating.

Ridiculous, how can supermx making super profit now but its loyal trapped retailers are making loss. Its directors board not good, don't come out to rescue them.

I think its directors want u all guys continue to be loyal keeping the stock forever, don't want u to sell, thus they don't want to push up the price to release u.

If sharks, ibs, big players and hot money don't come back in this one or two years until 2022 in which pandemic might be over, u all guys prepare to keep your lovely supermx for long long time until next new pandemic to come. U all would see its value and its price drop lower and lower that your lovely supermx become expensive when u keep it for long-term after the pandemic over later. Good luck.

It seems all the trapped ones are so frustrated for the glove counters price all stagnant, can't shoot up, much below its target price that already revised downwards by ibs even though all the glove companies are making super profit, high asp, high glove demand now. All u guys should pray and beg the sharks, ibs, big players and hot money to come back otherwise price can't shoot up with only the retailers in it.

Supermx is no more super power, can not shoot up, price coming down, just minor rebound, useless.

It's just the rebound. Later would drop back caused by heavy selling and price pressing by ibs at the higher part.

Kenanga concerned over Supermax’s overseas execution risk, reduces target price by 25% to RM9.05

Supermx trapped retailers every day dreaming here for this for that but finally would be nothing for them. The great news of inclusion in klse index and the build of factory in US can not stimulate its stock price, can not create bull to rescue its trapped retailers. Useless, let them blindly imagine and dream here siok siok sendiri.

Supermx company is now making super profit but many of its retailer shareholders are now trapped looking at its good fundamental making loss and every day wait and dream for the bull come to rescue them. Every day just talk to themselves so good so good about the company fundamentals like how high its super profit now and how high the increase of its super profit in next one or two years to give themselves confidence of holding the stocks beg for the bull come to rescue them. Since no hot money there, why not u all trapped ones try to beg supermx directors board come out to push up the price bring the bull to rescue u all.

In Malaysia stock market, only minority about 10% buy for fundamentals but majority 90% buy for speculation. Thus, the bull of glove counters just over at beginning of this year also mostly driven by speculation with hot money, ibs, sharks and short term funds in it.

In the absence of all these now, definitely no bull for glove counters. Only those looking at fundamentals like super profit earned by companies in glove counters without speculation as all hot money and short term funds already moved out, so don't dream for the bull coming. After its bull, Supermx price now is stagnant at current level with minor rebound interval because it's back to fundamental be held by those trapped ones looking at its fundamentals.

Kyy is selling off supermx stocks quietly. Thus, supermx price can't go up much, it's pressed down during rebound.

Kyy is selling off supermx stocks quietly. Thus, supermx price can't go up much, it is pressed down as moving up.

Sales, the glove stocks are only to be good long -term investment if u bought it at low price prior or post pandemic but not worth if bought it at high price in its bull during pandemic because your glove stock portfolio would be at high cost losing money as the price would drop to lower level post-pandemic.

Furthermore, the glove companies are no more super profit and go back to normal profit lead to lower dividend yield post-pandemic compared to now at its peak. If the dividend receivable post-pandemic compared to your glove stock portfolio capital to calculate the dividend yield rate, u find it may be lower than post-pandemic FD rate as the FD rate may rise when economy recover after pandemic over.

Even though u all guys say so good so good about the performance and profit of glove companies, and how good your estimate and calculation about its future earning and how high future demand for gloves would be useless because the glove stocks price won't go up much in its down trend now, the bull won't be back in 2021 and even 2022 in which pandemic might be over or near to the end. If the pandemic under control in 2021 and approach to the end in 2022, do u think any bull for glove stock?

With the participation of all the call warrants issuer ibs in trading to push up glove stocks price together with the hot money moved from other counters focused in glove counters plus the retailers chasing, that formed the super bull of glove stocks at beginning of this year.

Now no more bull for glove stocks and they are all on down trend because all issuer ibs no intention to push up glove stocks price but turned to press down their price for manipulation of its issued call warrants for a lot of call warrants on glove stocks pending to expire in next year, furthermore no hot money in it now as the hot money already moved out from glove counters back to their origin other counters plus some other negative market sentiments on glove stocks like vaccines coming and glove stocks being targeted for short selling in next year.

The ibs hold a number of mother share equal to the number of call warrant issued at the time of issuing call warrants. That means all the issuer ibs holding a number of glove stocks had traded and made a huge profit in the glove stock super bull rally which was just over and now they only use a portion of huge profit they earned from the super bull for cash settlement of the call warrant being expired soon. Prior to the expire date of call warrants, the issuer ibs manipulate press down the mother share price in order to low down the call warrant price to minimize its cash settlement. Ibs would make good profit just by minimizing the portion of profit earned from glove stock bull used for the cash settlement of warrant expired.

That means all issuer ibs do not lose money and they are making good money from its issue of call warrants on glove stocks upon the super bull rally of glove stocks taken place.

Why glove stocks are targeted for short selling because glove stocks now are full of trapped retailers expose to fear and panic selling when the stock price drops deeply. This can accelerate the price drop in short selling. Furthermore, there are many negative market sentiments with glove stocks that sharks, big players, ibs and short term funds can manipulate like the coming of vaccines, the pending of its call warrants to expire in next year, the move out of funds and hot money from glove counters, the change of market trend to other counters, the downward trend of stock price from its peak and its super bull just over.

Sharks, big players, ibs and forreign short-term funds manipulate the short selling just to meet their aims never bother how much profit the company earned or going to earn. It is no relationship between short selling and company performance. This is the real environment of our country stock market u need to encounter even u don't accept it. If u against it, don't dump money in stock market.

Short selling means sharks do not hold the stock but are allowed to sell off a number of the stock to open market and then need to buy the same number of the stock they sold from open market to cover back later. Since they can sell the stock even though they don't have that stock, they can easily manipulate to sell the stock at any price level they want to press down the price to a lower level then buy back it slowly and quietly without pushing up the price.

With the smart manipulation by expertise of ibs and sharks, they are able to buy back the stock without pushing up much the price so that they can make money from short selling. The consequences of heavy short selling is the targeted stock price would drop deeply by its pressing down and the price won't go up much back to its previous level as they buy back slowly and quietly at low price without pushing.

Don't only see the company performance and neglect the negative sentiments with glove stocks, the manipulation by ibs, the RSS, IDSS and PDT short selling process coming in 2021 and the long-term down trend of glove stocks indicated by candlestick chart and homily chart derived from google and YouTube, and all glove stocks are mainly held by retailers trapped now without hot money in it. Supermx is no more super power already. Don't hope so much, just keep it for long-term wait for next new pandemic to come. Good luck.

Don't forget there are a lot of call warrants on glove stocks including supermx pending to expire in 2021 that would be manipulated by the issuer ibs to press down its price.

ToneeFa, don't forget with short selling RSS come back on 1Jan 2021 and followed by short selling IDSS and PDT come back after 28 Feb 2021, supermx on top of the list expose to short selling manipulated by ibs, big players and even the forreign short-term funds. With that, can supermx go up to $30 in 2021? Don't dream unless u have super power to push it up to that high level but how much bullets u can dump in. With all these short selling to take place in 2021, all glove stocks including supermx are highly possible to drop lower than current price level. We wait to see, let time to present it. Good luck.

So don't expect any bull to come back, just think how u get ready to face the possible short selling and monitor your glove stock portfolio too. Good luck.

There is always the negative effects on the targeted stock. Remember the financial crisis in year 1997 and 1998 all the stock price dropped to very very low level and the klse index dropped to almost two hundred points only due to short selling by big players and forreign short-term funds. Then all the stocks price took many years recover. After that, government exercised some control to ban the short selling for number of years and then released it.

I think tomorrow might have further drop of all the glove stocks price due to the bad news of glove stocks on top of list being targeted for short selling and the approval of moderna vaccine. Prepare more bullets to buy. Good luck.

Yes, I agree that all the glove stocks expose to high risk of short selling manipulated by big players and sharks because they can easily monitor with the negative sentiments exist on glove stocks. They may come back with short selling press down the glove stock price to cause panic selling by retailers lead to deep drop to very low level then buy back for replenishment. They know all the glove stocks are mainly held by retailers trapped in it.