positive write-up in the Star today about gloves .... positive sentiment is coming. Maybe North wind is blowing on gloves

https://www.thestar.com.my/business/business-news/2021/07/17/should-retail-investors-still-believe-in-the-glove-sector

If I am a retailer with alot of cash, why can I join the local fund and IBs to do the RSS? Why limit RSS to they only ?

buy, hold and wait for shorties to close their position on 250 mil TG shares. Let say shorties' average sold price is RM5. We are talking about RM1.25 bil shorting position to be closed. This is big money dude. If you add all shorties positions in TG, Spmx, Harta & Kossan, it is more than RM2 bil. Waiting patiently how the story end. This is no more 100m sprint race. It now becomes 100km super marathon run. very long and arduous run.

the game is not yet over until the shorties close their short position. They have to buy back about 250 millions TG shares. For sure the price go up if they close their position. They may wait few months to buy back, so we also have to wait patiently.

waiting patiently for the shorties to close their positions.

today daily volume is already highest for this year.

Shorties agressively short sale on BIMB. They started last week. Everyday RSS about 30% to 40% of total traded volume. Better wait for shorties to reach their target price.

11 sen dividend. Ex date 3/3/3021 This Wednesday.

Key observations on flows for the week ending 19 Feb 2021 (from CGS-CIMB report)
1. Retail investors’ net buying momentum grew 421% wow to RM702m
The YTD net buy position for retail investors rose to RM2.8bn. Retail investors were buying
technology, financial and healthcare sectors. Retail investors' top three net buys during the
week were Public Bank, Tenaga and Supermax.
2. Local nominees on their 7th week of net buying streak
Their net buying momentum rose 22% wow to RM200m while YTD net buying rose to
RM1,098m. Nominees investors' top three net buys during the week were Tenaga, Genting
and Serba Dinamik
3. Foreign investors raised their net selling by 1049% wow to RM466.3m
The top three stocks that attracted foreign selling were Tenaga, Maybank and Genting while
stocks with highest foreign inflows were Supermax, Hartalega and Top Glove. YTD foreign net
selling rose to RM1,224m.
4. Local institutional investors on their 11th consecutive week of net selling
They raised their net equity selling by 56% wow to RM435.2m, bringing YTD net selling to
RM2.6bn. Their largest net sell were the healthcare and technology sectors. The three key net
sells were Public Bank, Supermax and Top Glove.
5. Public Bank and Supermax dominated the top buy/sell lists
Foreign institutional investors were the top buyers of Supermax, while the local institutional
investors were its top sellers last week. Local retail investors were net buyers of Public Bank
while local institutional investors were key sellers.

what a bargain. Bought some today

wawwww so many call warrants on MRDIY. Worst things ... the exercise prices between RM1 to RM2. Does not look good like this

https://klse.i3investor.com/servlets/stk/stwarrant/5296.jsp

CWs; expiry date; exercise price; issued by
HARTA-C45 26/FEB/21 11.88 MAYBANK
HARTA-C54 26/Feb/21 20 CIMB
KOSSAN-C13 26/Feb/21 8.94 Macquarie
SUPERMX-C1D 26/Feb/21 11 CIMB
SUPERMX-C92 26/Feb/21 3 AmBank
SUPERMX-C93 26/Feb/21 3.5 Maybank
SUPERMX-C95 26/Feb/21 4.44 Maybank
SUPERMX-C97 26/Feb/21 3.94 Maybank
TOPGLOV-C78 26/Feb/21 4.667 Maybank
TOPGLOV-C79 26/Feb/21 8.667 Macquarie
TOPGLOV-C82 26/Feb/21 6.267 Maybank
TOPGLOV-C87 26/Feb/21 8.667 CIMB
TOPGLOV-C88 26/Feb/21 10 CIMB
TOPGLOV-C89 26/Feb/21 12.667 Macquarie
TOPGLOV-C90 26/Feb/21 13.333 Macquarie

Huat together

you guys dont have to worry about RSS and IDSS. Like Warren Buffett said, the shorties are future buyers, that is sure. Today they short sale, tomorrow or soon enough they will sure buy back. IDSS is even better, short sale and buy back should be on the same day. No worry at all about IDSS.

If the IBs are so smart to foretell/predict the future, how come they set the CWs so much low than the current price!!! Now they are risking to lose millions RM because the CWs are in the money.

nxt week friday, so many call warrants will expire. so the price will temporarily drop. this is expected anyway. so good time to buy

better sale first, take profit. see how oil price up or down over the weekend. Then monday decide whether to buy or not. Oil was up due to winter snow storm in US. Once over, oil may drop again

get dividend 11 sen. ex-date 3 march. payment on 17 march

nice one, get dividend 11 sen. ex-date 3 march. payment on 17 march

At rm5.00, supermax 4Q trailing PE is about 5. Seriously undervalued.

Another 8 trading days to 26 Feb. Let say every day drops 10 sen. So possible to reach RM5.00 by nxt week friday.

the re-investment plan at issue price RM1.88 has some how impacted the axreit share price. Drop from low RM2.00 to a new low RM1.92 now. Maybe that is the reason why IBs keep selling down. Very smart accounting.

very little volume today. Accumulation / collecting stage by IBs and Shorties. Sooner or later, it will rocket up. Waiting patiently.

This morning, so far, Shorties already short sell about 13% on SuperMX. About 5% on TopG

What a day ..... Kossan is the only one in Red.

Waiting for QR , should be out by this month

Tomorrow all IBs would start chasing up gloves counters before Shorties/JPM close up their positions. On TopGlove only, Shorties got 240 millions shares to buy back. That crazy... can you imagine how fast the price would go up

OMG TopGlove up 23 sen already .... overtaking SuperMX now

AA QR should be out by this month

30 Jan 2021
CIMB: Expect stronger quarters ahead, inputting higher ASPs. SUPERMX TP RM11.80

Singapore has closed its border to Malaysia starting 1 Feb for nxt 3 months.

SINGAPORE, Jan 30 (The Straits Times/ANN): Singapore's reciprocal green lane arrangements with Germany, Malaysia, and South Korea will be suspended for three months from Monday (Feb 1).

This is in view of the resurgence of Covid-19 cases worldwide, the Ministry of Foreign Affairs (MFA) said on Saturday.

Singapore will review the reciprocal green lane arrangements at the end of the suspension period. Green lanes allow essential travel for business or official purposes between two countries.

good PAT 1B, but disappointed with the dividend. Too little lol 3.8 sen. Should have given 10 sen

holy smoke ... keep dropping. where is the bottom?

will buy 2 sen above PP price

All IBs put TP of more than 12. Now it is less than 10

orait .... waiting cheap tiket at 1.50

PP is killing this counter. Every time got new project, no money, do PP.

After the market closed on 21 January 2021, the issue price for the Placement Shares was fixed at RM1.51 per Placement Share (“Issue Price”), representing a discount of approximately 8.1% to the 5-day volume weighted average market price of SDHB Shares up to and including 21 January 2021 of RM1.6438. Accordingly, the Proposed Private Placement is expected to raise gross proceeds amounting to approximately RM508.61 million, including the Proposed Placement to Dato’ Karim described below

need to prepare some spare bullets for nxt week

sometimes it is just unbelievable that we got 12 CWs going to expire tomorrow until nxt week friday.

Why no RSS today ?

2.25 x 4 = 9 sen per year. At price rm1.93, the dividend is 4.7% yearly. It is alot better than the bank FD rate.

something look fishy ..... price keep dropping

another one year, still the same price ... ding dong around 1.60 to 1.70

From RHB today 19/1/2021:
Maintain BUY, DCF-derived TP of MYR23.50, 90% upside with c.5%
FY22F (Mar) yield. We expect Hartalega’s 3QFY21 earnings to surge
643% YoY and 65% QoQ to MYR900m. This is driven by an ASP increase
estimated at 50% QoQ. On top of superb earnings, we like Hartalega for
its gold standard in COVID-19 prevention among workers. Our TP reflects
21.5x FY22F P/E (or -1.1SD below its 5-year average).

Today zero RSS for TG & Supermx. Maybe Shorty JP Morgan is taking a rest.

Hopefully can bound back to 2.10 , axreit is the best stock among the reits. QR should be out by this week. TP 2.49

retailers should not buy counter like serbadk, price is not moving up

https://www.thestar.com.my/business/business-news/2021/01/15/skp-suspends-johor-baru-operations-due-to-covid-19