Australia already imposed Social media News law. Facebook and Goggle got to pay Newscorp for the news. Will happen worldwide soon.

THERE IS A GURU HERE WHO SAYS THAT THE LEAD TIME IS 3 MTHS. THINK IS MORE INFORMED THAN THE MARGMA PRESIDENT. MAYBE THAT NAYSAYER OWNS A FEW GLOVE FACTORY PRODUCING GARDEN GLOVE

KUALA LUMPUR: Malaysia, the world's biggest rubber gloves manufacturer, is racing to increase production to close a supply gap caused by the coronavirus pandemic that it warns could last until into 2023.

The Malaysian Rubber Glove Manufacturers Association (Margma) said on Monday (Mar 15) the country was in an oversold position of 160 billion gloves.

"The lead time currently is about seven months for the gloves to be delivered to the end customer," Margma President Supramaniam Shanmugam said, adding that demand would remain robust until the second quarter of 2022.

Hektar major income is from Rubberrex. Hextar goes from $0.7 to $1.3 but Rubberrex from $1.6 to $1.10. This market works in funny ways.

The Shorties and Naysayers think that they are smarter than Tan Sri Lim. Its so obvious that the shorties just try to block with big quantities part at seller price and trying to buy at bid price using other nominee accounts. Time is running out. Got to pay big dividend at month end.
With the court case, the Lim Family will top up with more purchase.

Same Boss as Hektar and Opcom. Boss will show his power soon

osted by greedy44444 > Mar 16, 2021 9:51 PM | Report Abuse
Already so many days can't break 4 means the bottom has reached for Supermx. Time to accumulate Supermx. Upside is definitely otw. Smart investors already started to accumulate Supermx at this level.
Based on 4 week, price range; Downside 1.
7%. Upside is 53.3%. Today trial run only. Soon Boss Stanley will show hand

KYY is a fox. Say he buy KPS. Now KPS drop like a over ripe durian

Glovefinish is also buying gloves lah. Suffering like us, some more cannot voice out the frustration. All pent up

4 Weeks Range: 4.02 - 6.27
4 Weeks Price Volatility (%): 3.11%
ANALYSIS THIS STATS
Downside is 1.71%. Upside is 53.3% (Based on closing price of $4.09 . Price volatility is 3.11%)
DEFINITELY WORTH A GAMBLE

Rubberrex got the lowest Free Float of 36.3% among all the glove counter. The least selling pressure and the best rebound

Posted by newway > Mar 15, 2021 10:19 PM | Report Abuse
@beginner shorties now can only block the price with rss but they also got limited bullets to sell down, even with 3.8m rss the price just down 2cents. up or down is ok to me, if down to rm5 i just top up, if up i just rejoice. when the price can't go down then eventually it will just go up
Good observation
SPOT ON. FAKE SELLERS. RSS VOLUMN IS PRACTICALLY ZERO. THE SELLER SHD BE PROPRIETARY. DARE NOT THROW TO BUYER. BUYER COULD BE HIS OTHER NOMINEE ACC. PARK BIG VOLUMN BUT DONE IN ODD LOTS. NOR GOING TO FRIGHTEN RETAILERS TO THROW ANYMORE

Posted by greedy44444 > Mar 15, 2021 6:36 PM | Report Abuse
Only 9 cents to below 4.00 also can't manage to push down to below 4.00 today, really useless and dumb. Money already prepare to sailang below 4.00. Glove finish you're fired !! Really useless guy after posting so many negative comments about Supermx day and night also can't push it to below 4.00.
I LIKE THIS POST. YOU ARE SPOT ON. ALOT OF FAKE SELL BIDS. NO BALLS TO THROW TO BUYER. BUYER IS THE SAME BENEFICIARY OWNER AS SELLER BUT USE NOMINEE. I AM ALSO WAITING TO AVERAGE DOWN BELOW $4. SUDAH 1 MINGGU

Park huge quantity to sell but dare not throw to buyer. The way I see, they are the buyer. Waiting for others to throw.

SO FOR THOSE NAYSAYERS, ITS A ONCE IN A LIFETIME CHANCE TO MAKE $.
WHY WAIT?
SO YOU ALL KNOW WHY THE PROPRIETARY TRADERS ARE TAKING THIS OPPURTUNITY TO TRADE IN GLOVES? BORROW, SELL, BUY BACK AT LOWER, CONTRA OFF AND REPEAT PROCESS EVERYDAY - TILL THE DAY YOU ARE CAUGHT WITH PANTS DOWN

11.What do investors need to do if they are interested to short sell any of the RSS Approved securities?
Investors interested to short sell any of the RSS Approved Securities would need to open a designated RSS trading account with their brokers. All trades have to be executed via this designated RSS trading account. Before any short selling orders can be executed, investors must provide a confirmation to the broker
(i) that they are not an associate pursuant to section 3 of the Securities Industry Act 1983, and
(ii) that have borrowed the RSS Approved Securities or have procured confirmation from an Authorized SBL Participant that the RSS Approved Securities are available for borrowing.
YOU CAN EVEN BUY USING AN RSS ACCOUNT AND THEN CONTRA OFF FOR PROFIT PROVIDED YOU
REMOVED YOUR SELL ORDERS FROM THE Q.
SECURITIES BORROWING IS AVAILABLE IN SMALLER QUANTITY AT KENANGA. CONTACT THE TOP REMISIER THERE IS YOU ARE KEEN.THE NAME IS PATRICK

SO YOU ALL KNOW WHY THE PROPRIETARY TRADERS ARE TAKING THIS OPPURTUNITY TO TRADE IN GLOVES? BORROW, SELL, BUY BACK AT LOWER, CONTRA OFF AND REPEAT PROCESS EVERYDAY - TILL THE DAY YOU ARE CAUGHT WITH PANTS DOWN

SO FOR THOSE NAYSAYERS, ITS A ONCE IN A LIFETIME CHANCE TO MAKE $.
WHY WAIT?

11.What do investors need to do if they are interested to short sell any of the RSS Approved securities?
Investors interested to short sell any of the RSS Approved Securities would need to open a
designated RSS trading account with their brokers. All trades have to be executed via this
designated RSS trading account. Before any short selling orders can be executed, investors
must provide a confirmation to the broker
(i) that they are not an associate pursuant to section 3 of the Securities Industry Act 1983, and
(ii) that have borrowed the RSS Approved Securities or have procured confirmation from an Authorised SBL Participant that the RSS Approved Securities are available for borrowing.
YOU CAN EVEN BUY USING AN RSS ACCOUNT AND THEN CONTRA OFF FOR PROFIT PROVIDED YOU
REMOVED YOUR SELL ORDERS FROM THE Q.
SECURITIES BORROWING IS AVAILABLE IN SMALLER QUANTITY AT KENANGA. CONTACK THE TOP
REMISIER THERE IS YOU ARE KEEN.

Posted by TillyLovers > Mar 13, 2021 7:37 AM | Report Abuse
Hi, is that possible to buy Supermx at RM 4 and wait to sell at RM5?
I DON'T WANT TO SAY CAN BUY OR SELL. I CAN ONLY SAY THAT I AM HOLDING 1M SHARES AT AN AVERAGE COST OF $5.
AS I SAY EARLIER, THE THRESHOLD FOR RSS IS 4%. LASTEST SHORT SELL POSITION IS 1.47%. IF THOSE NAYSAYERS THINK THIS SHARE IS WORTH BELOW
$3, THEN THEY SHD PUT A DEPOSIT WITH KENANGA AND BORROW TO SELL.
AT LEAST 25% PROFIT FOR THEM.
FOR ME, I AM BUYING ANOTHER 500K SHARES IF IT GOES DOWN BELOW $3.90

SUPERMAX HAVE A MKT CAP OF 11.1B. MRDIY HAVE A MKT CAP OF 24.5B.
MRDIY DO NOT OWN THE STORES THEY OPERATE FROM BUT IS PAYING HIGH RENTAL TO SELL CHEAP AND LOW QUALITY GOODS. THE STORE IS KILLING THEIR OWN NAME. .
I COULD NOT GET A 27A 12V BATTERY ELSEWHERE. BOUGHT AT MYDIY. RAIDER BRAND.
LAST 2 DAYS ON MY GATE REMOTE. BUY AGAIN. SAME THING - 2 DAYS LIFE

For the Supermax stock holders. Think you should just sit tight with your stocks. The Company did some buyback in Jan 2021 at above $6.
Those buy back shares were not kept as treasury shares but were cancelled. So the drop in buyback cost will not be reflected in the Accounts, but in fact is positive as the no of shares is decreased.
Ask your self this few questions
1. Who is putting up big sell bids ( Up to 800+K sell and 700K+ buy at a difference of 1 cent. Click on the trade details. Done at multiples of 100 shares -almost always less than 5K shares.
2. Why is the company and the major shareholder not doing any buyback even at this depressed price?
3. Company is building factory in US, Company building big HQ at Klang.

My guess is that the major shareholder is smart and knows from observing Tan Sri Lim of TopGlove, that its very hard to fight Negative Perception and the weapons at the disposal of the IBs.
So he is probably just accumulating quietly using nominees.
The company were probably be privatized at some stage and the listing
will be done overseas.
STANLEY HAD A BRUSH WITH OUR POLITICAL MASTER BEFORE. HE WILL MOST LIKELY RELOCATED THE LISTING.
Stay invested and you will ultimately be rewarded.
Retain Cash in Hand of about $1.36 per share.
Profit for Yr 2021 of about $1.60 per share.
Profit for Yr 2022?
What about company assets and goodwill. Supermax got their own Brand of gloves selling in the West.

A lot of wild guessing, all with some motives. Just check the Bursa
Net short position list. Facts as of 11 march 2021.
1. Short sellers have covered some short position on Kossan and Hartalega. They had not really increased the short position on Supermax. Still at -1.47% (If as all the naysayers are saying, they would have increase to 4% - I SUGGEST THAT THE NAYSAYERS SHD POLL THEIR RESOURSES AND OPEN A RSS ACCOUNT WITH KENANGA TO SHORT SUPERMAX-IF THEY THINK IT WILL GO TO $3 ) ACTION IS BETTER THAN WORDS
Airasia is now the 3rd most shorted stock on Bursa.

Click to see the details of the transactions. Buyer & Seller 70,000+
shares each side but trade in odd lots. Monkey business

Like squeeze stone for water. Park so many sellers but volumn is so small. Just to force retailer to give to buyer quote. Basically very fishy. Co no buyback. Owner no buyback. Using a nominee acc to collect, I suppose

Glovefinish by his comments does not own any glove shares. Why is he so busy posting negative news about glove and predicting that prices of glove stocks will continue dropping. Trying to save the not so smart investors including EPF and Tan Sri Lim ? Good guy. Got good karma.

Glovefinish by his comments does not own any glove shares. Why is he so busy posting negative news about glove and predicting that prices of glove stocks will continue dropping. Trying to save the not so smart investors including EPF and Tan Sri Lim ? Good guy. Got good karma.

Posted by lee901 > Mar 7, 2021 9:28 AM | Report Abuse
Uncle koon alr exiting and ask cut lost supermx, still got hope?
JUST MY ANALYSIS. YOU MAKE YOUR OWN DECISION. YOUR MONEY

If you guys get stuck at higher price, don't panic. Just keep for the dividend yield. Price will recover slowly. We are 3 market days pass the worst. No way its going down below that price 3 mkt days ago.
In the US Mkt right now, its RECOVERY Vs VALUE and CYCLICAL.
VALUE WILL WIN AT THIS TIME.

Price will recover to above $6 very soon. The selling is done by local Institutions. Except for those own by this IBs for leverage against the CWs they issued, I don't think they own that amount of Glove shares to sell. If they do, they would have sold at a higher price, not now.
Look are the bursa stats. A lot of selling is done by PROPRIETARY.
Who is PROPRIETARY?. This are trade by IBs for themselves done through IBs dealers. WHERE DOES THE SHARES COME FROM? THEY USED CLIENT'S MARGIN SHARES. So they have to buyback ultimately. WE NEED THE SLIDE TO STOP AND SOME CONSOLIDATION BEFORE RECOVERY TO NORMAL LEVELS. The slide had stop. We are 3 MKt days pass the Lowest Price.
I HAVE BEEN IN THIS INDUSTRY FOR OVER 40 YRS

Price will recover to above $5 very soon. The selling is done by local Institutions. Except for those own by this IBs for leverage against the CWs they issued, I don't think they own that amount of Glove shares to sell. If they do, they would have sold at a higher price, not now.
Look are the bursa stats. A lot of selling is done by PROPRIETARY.
Who is PROPRIETARY?. This are trade by IBs for themselves done through IBs dealers. WHERE DOES THE SHARES COME FROM? THEY USED CLIENT'S MARGIN SHARES. So they have to buyback ultimately. WE NEED THE SLIDE TO STOP AND SOME CONSOLIDATION BEFORE RECOVERY TO NORMAL LEVELS. The slide had stop. We are 3 MKt days pass the Lowest Price.

I think the drop in share price is due to the combined effect of RSS, the local IB's pushing down so as not to lose money on CWs and local retailers being influenced to sell down. The foreigners are net buyers of glove (except for the RSS one).
AirAsia RSS is also above 1% now and the share price keep rising.
Recovery for air travel cannot be soon. Now oil price also very bullish. Maybe got fuel surcharge on air ticket.
Oil counters also got RSS but share price keep going up

I think the drop in share price is due to the combined effect of RSS, the local IB's pushing down so as not to lose money on CWs and local retailers being influenced to sell down. The foreigners are net buyers of glove (except for the RSS one).
AirAsia RSS is also above 1% now and the share price keep rising.
Recovery for air travel cannot be soon. Now oil price also very bullish. Maybe got fuel surcharge on air ticket.
Oil counters also got RSS but share price keep going up

Brent Price
4-Mar-20 51.13 52.11 53.03 51.04
3-Mar-20 51.86 53.47 53.9 51.22
2-Mar-20 51.9 48.95 53.2 48.4
KLCI
4-Mar-20 1,489.95 1,478.33 1,491.07 1,474.95
3-Mar-20 1,478.64 1,476.30 1,481.36 1,466.90
2-Mar-20 1,466.94 1,471.34 1,478.68 1,456.08

VELESTO OPEN HIGH LOW CLOSE Volumn
4-Mar-20 0.28 0.285 0.28 0.28 0.28 14,530,300
3-Mar-20 0.275 0.29 0.275 0.285 0.285 33,608,100
2-Mar-20 0.28 0.285 0.25 0.265 0.265 48,442,300
Sapura Energy
4-Mar-20 0.17 0.17 0.165 0.165 0.165 48,695,900
3-Mar-20 0.17 0.175 0.165 0.17 0.17 146,744,300
2-Mar-20 0.175 0.175 0.16 0.16 0.16 267,377,000
Armada
4-Mar-20 0.3 0.31 0.295 0.295 0.295 36,386,800
3-Mar-20 0.325 0.325 0.3 0.31 0.31 72,970,600
2-Mar-20 0.295 0.31 0.29 0.31 0.31 35,937,400
Perdana Petroleum
4-Mar-20 0.35 0.34 0.36 0.33
3-Mar-20 0.345 0.375 0.38 0.335
2-Mar-20 0.36 0.345 0.365 0.335
KNM
4-Mar-20 0.2 0.195 0.205 0.195 36.17M
3-Mar-20 0.2 0.215 0.215 0.195 63.99M
2-Mar-20 0.2 0.21 0.21 0.195 41.81M
Hibiscus
4-Mar-20 0.73 0.75 0.715 0.745 0.745 12,964,600
3-Mar-20 0.76 0.765 0.73 0.74 0.74 10,038,700
2-Mar-20 0.735 0.745 0.715 0.74 0.74 8,083,400
Dayang
4-Mar-20 2.19 2.19 2.05 2.11 2.11 12,103,000
3-Mar-20 2.2 2.28 2.17 2.23 2.23 15,049,400
2-Mar-20 2.3 2.3 2.08 2.15 2.15 22,260,400
UZMA
4-Mar-20 0.72 0.73 0.705 0.725 0.725 1,033,800
3-Mar-20 0.74 0.74 0.705 0.715 0.715 4,752,500
2-Mar-20 0.695 0.695 0.655 0.68 0.68 2,619,000
Reach
4-Mar-20 0.11 0.11 0.105 0.11 0.11 1,142,200
3-Mar-20 0.115 0.115 0.105 0.11 0.11 2,763,800
2-Mar-20 0.115 0.115 0.105 0.11 0.11 6,577,400
T7 Global
4-Mar-20 0.405 0.415 0.4 0.4 0.4 3,602,900
3-Mar-20 0.435 0.435 0.41 0.41 0.41 5,008,800
2-Mar-20 0.415 0.435 0.395 0.435 0.435 5,075,60

I reproduce here some historical share price for Oil counters
as of March 2020.
Brent Price was USD$51+ in March2020. Now Brent is $69+.
Perdana was $0.35. Now Perdana is only $0.17.
All O&G counters on Bursa have shoot pass Mac 2020 price except Perdana and Dayang.
Any underlying problem?

Perdana. Conversion of Preference share at $0.325 but underlying share price $0.17.
Hibiscus. Conversion of CRPS at $0.48 but underlying share price $0.69
cents. Why? Anyone got answer

Brent Price
4-Mar-20 51.13 52.11 53.03 51.04
3-Mar-20 51.86 53.47 53.9 51.22
2-Mar-20 51.9 48.95 53.2 48.4
KLCI
4-Mar-20 1,489.95 1,478.33 1,491.07 1,474.95
3-Mar-20 1,478.64 1,476.30 1,481.36 1,466.90
2-Mar-20 1,466.94 1,471.34 1,478.68 1,456.08

VELESTO OPEN HIGH LOW CLOSE Volumn
4-Mar-20 0.28 0.285 0.28 0.28 0.28 14,530,300
3-Mar-20 0.275 0.29 0.275 0.285 0.285 33,608,100
2-Mar-20 0.28 0.285 0.25 0.265 0.265 48,442,300
Sapura Energy
4-Mar-20 0.17 0.17 0.165 0.165 0.165 48,695,900
3-Mar-20 0.17 0.175 0.165 0.17 0.17 146,744,300
2-Mar-20 0.175 0.175 0.16 0.16 0.16 267,377,000
Armada
4-Mar-20 0.3 0.31 0.295 0.295 0.295 36,386,800
3-Mar-20 0.325 0.325 0.3 0.31 0.31 72,970,600
2-Mar-20 0.295 0.31 0.29 0.31 0.31 35,937,400
Perdana Petroleum
4-Mar-20 0.35 0.34 0.36 0.33
3-Mar-20 0.345 0.375 0.38 0.335
2-Mar-20 0.36 0.345 0.365 0.335
KNM
4-Mar-20 0.2 0.195 0.205 0.195 36.17M
3-Mar-20 0.2 0.215 0.215 0.195 63.99M
2-Mar-20 0.2 0.21 0.21 0.195 41.81M
Hibiscus
4-Mar-20 0.73 0.75 0.715 0.745 0.745 12,964,600
3-Mar-20 0.76 0.765 0.73 0.74 0.74 10,038,700
2-Mar-20 0.735 0.745 0.715 0.74 0.74 8,083,400
Dayang
4-Mar-20 2.19 2.19 2.05 2.11 2.11 12,103,000
3-Mar-20 2.2 2.28 2.17 2.23 2.23 15,049,400
2-Mar-20 2.3 2.3 2.08 2.15 2.15 22,260,400
UZMA
4-Mar-20 0.72 0.73 0.705 0.725 0.725 1,033,800
3-Mar-20 0.74 0.74 0.705 0.715 0.715 4,752,500
2-Mar-20 0.695 0.695 0.655 0.68 0.68 2,619,000
Reach
4-Mar-20 0.11 0.11 0.105 0.11 0.11 1,142,200
3-Mar-20 0.115 0.115 0.105 0.11 0.11 2,763,800
2-Mar-20 0.115 0.115 0.105 0.11 0.11 6,577,400
T7 Global
4-Mar-20 0.405 0.415 0.4 0.4 0.4 3,602,900
3-Mar-20 0.435 0.435 0.41 0.41 0.41 5,008,800
2-Mar-20 0.415 0.435 0.395 0.435 0.435 5,075,60

I reproduce here some historical share price for Oil counters
as of March 2020.
Brent Price was USD$51+ in March. Now Brent is $69+.
Perdana was $0.35. Now Perdana is only $0.17.
All O&G counters on Bursa have shoot pass Mac 2020 price except Perdana and Dayang.
Any underlying problem?

Perdana. Conversion of Preference share at $0.325 but underlying share price $0.17.
Hibiscus. Conversion of CRPS at $0.48 but underlying share price $0.69
cents. Why? Anyone got answer

Those who chase Tech is in for heavy losses. At least, Glove lovers can look forward to handsome dividend

No buy back from Co or Stanley yet? Still holding his horse.
Once unleashed, will spike up at least 30%

Tokyo lock down extended again. Not easy to control covid, even with vaccine

Once Amanah Pencen start selling again, all die again

Posted by ming > Mar 3, 2021 1:24 PM | Report Abuse
Sold 3 weeks ago.. but still come out few article during these period.. funny
CRAFTY OLD MAN

Posted by Goldberg > Mar 3, 2021 1:18 PM | Report Abuse
Clowns after clowns appearing to offer their advise to sell- the saviour it seems - absolute clowns.
YA. SPOT ON. DON'T LISTEN TO THE NAYSAYERS. JUST BUY AT YOUR OWN PACE WHEN IT GOES DOWN. IF YOU ARE COMFORTABLE WITH THE PROFIT, TAKEN SOME. BUY TO AVERAGE DOWN, NOT AVERAGE UP. IN THIS WAY THE NAYSAYERS ARE JUST HELPING US. YOU THINK THEY ARE IN THIS FORUM IF THEY DO LIKE LIKE GLOVES? THE ONLY SECTOR WITH GOOD PROFIT AND DIVIDEND

Frankly I hold a lot of Supermax. Av price is $5.
Look at Stanley Thai past record. He support the Pakatan national against BN and got raided by Income Tax. Also got charged for Insider trading. You think he support this current govt. Buying a Condo and setting up factory can only mean that he ultimately move away.
No buy back from Co since Jan 2021 and also no personal buyback.
Could be quietly buying from overseas. Think this company will ultimately be privatized after paying a big final dividend.
I will just average down again and wait. Afterall, Profit 2021; profit 2022 + cash balance is already 97+% of mkt cap.

As Warren Buffett said..“Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.” Mabel is actually happy with the Fantastic Four. No complaints. As one smart gentleman pointed out... Its always nice to have TopGlove and/or the Fantastic Four as another eggs in the basket, another arrow in the quiver, another string to the bow.. Another sources of Dividend..
THAT SUMS UP EVERYTHING. GLOVE LOVERS MAY STILL HAVE THE LAST LAUGH.
EVEN FOREIGNERS ARE NET BUYERS OF GLOVE

Posted by glovefinish > Mar 1, 2021 10:25 PM | Report Abuse
Since topglove price now is about 50 cents higher than supermx price, if topglove can drop to its bottom let say $3.50 as JP Morgan estimated then supermx price might drop to its bottom around $3 that may be $2.50 to $3 which is little higher than pre-pandemic level. This might be the immediate bottom level at this moment but when time pass on to show its super profit decline and gloves demand drop that might cause its bottom price even lower.
SUPERMAX NO BUYBACK. THAI ALSO NO BUYBACK.
VERY UNUSUAL TO BE SO QUIET WHEN THEY BUYBACK IN JANUARY. REMEMBER THE TREASURY SHARES WERE CANCELLED.
I BELIEVE HE GOT A PLAN. WILL BUY BELOW $4.
BELIEVE THAI MIGHT JUST PRIVATISE SUPERMAX AND RELIST IN HK OR US
OR GOT A BIG INTERNATIONAL MEDICAL SUPPLIES CO TO TAKE A SIGNIFACT STAKE. MKT CAP IS MUCH SMALLER TO TOPGLOVE

COUNTED

CASH 353 MILLION. OTHER ASSETS NOT COUNTER. ALREADY RECOVERY IN LAST Q RESULTS. NEW CEO WITH EXPERIENCE IN PROPERTY DEVELOPMENT. WOTH A GAMBLE.
BETTER CHANCE THAN AIRLINE/AIRPORT/TOURISM