[14:29, 16/02/2021] LH: For its financial year ended Dec 31, 2020 (FY20), FY21 and FY22, HLIB Research is forecasting Kossan to see a core profit after tax (PAT) of RM1.02 billion, RM2.79 billion and RM1.51 billion respectively, from RM973.9 million, RM2.15 billion and RM1.04 billion respectively previously.

As for Hartalega’s FY21, FY22 and FY23, it is now expected to make RM3.23 billion, RM5.21 billion and RM2.85 billion respectively, from RM2.7 billion, RM3.27 billion and RM3.23 billion previously forecast.

For Top Glove Corp Bhd’s FY21, no changes have been made with a core PAT assumption of RM10.61 billion. Its FY22 and FY23 forecasts have been set at RM5.34 billion and RM3.57 billion respectively from RM5.33 billion and RM3.86 billion previously.
[14:30, 16/02/2021] LH: Market Cap: 10,180 Million
NOSH: 2,558 Million
[14:32, 16/02/2021] LH: TopGlove Mkt Cap Market Cap: 50,444 Million
NOSH: 8,202 Million
[14:33, 16/02/2021] LH: Hartalega Mkt Cap Market Cap: 42,845 Million
NOSH: 3,428 Million

11 cents for $4 share. Thats about 3% div yield. This yr 2000 profit is 1.09B. Next yr 2021 is 2.79B and 2022 is 1.57B. Let it drop again. Will top up again.

The price goes down because of lack of interest. Just buy and hold. You probably cannot get another share with better fundamental on Bursa. The 2% short sell also needs to be covered back. Hope thet declared a good dividend on Thursday

No collateral. The shorties kaput, the borrower lose everything, just for 5% per annum interest calculated on daily rest

With Biden as President, their will be tighter conditions for the production of shale oil. With the big oil company not spending for the past 1.5 yrs on developing new oil and also activism by share holders
the world is definitely going to depend on Russia and middle east for oil. This people are not going to provide cheap oil to the world if they can. Don't be taken by analyst telling you that the current increase in oil price is not because of demand but because of production cuts. By the time they tell you, oil price is USD$100 +

Haha. Got a lot of dreamers over Electric vehicles. The current Pandemic will set back EV target for 10 years at least.
No money to eat, but got money to change to EV?
In the US, people live SUV and Pick Up trucks. Ideal for camping and small business. Look at no of EVs in this segment. For the 3rd world, don't mention EV. No special electricity rate for mid night charging.
The battery cost more than your current petrol car and the charging cost is more than your petrol cost.

My Opinion is that oil price will continue to rise. With Biden as President, Shale oil is going to have tougher conditions. So basically depending on Middle East and Russia for their oil.

They will control production to drive prices higher.

As for Sapura Energy, the current concern is the high gearing of 1.1X. In my opinion this is a good time to have debts. The Bankers will roll over the loans at a lower interest rate because Khazanah is the biggest shareholder. Khazanah also got no money to go for a rights issue.

So the best way forward is to get more projects (Esp from Petronas). This will pave the way for a refinancing deal with the Bankers and at a lower Interest rate.

Without all this concerns Sapura will be $1.20 not 13 cents. So worth the bet

Getting exciting now. Short sell is now 3.15%. Above 3.5% I will double my long position.

Maintain UNDERPERFORM, with unchanged TP of RM0.05 pegged to valuations of 0.1x PBV. No changes to our FY21-22E numbers, as the new wins fall within our FY22E contract replenishment assumption of RM5b.
Although we are positive on the contract wins, we still deem them insufficient to sustainably turn around the company into profitability for the time being. The group’s net-gearing still remains at a high of 1.1x, with ESG also being a concern with the company.
Risks to our call include: (i) better-than-expected recognition of order book and project execution margins, (ii) huge replenishment of order book, and (iii) significant improvements in cash flow and balance sheet.
Source: Kenanga Research - 11 Feb 2021
READ THIS CAREFULLY.
BASICALLY EMPHASIS ON HIGH GEARING OF 1.1X AND ESG CONCERN
AIRASIA GOT MUCH MUCH HIGHER GEARING AND VERY SLOW RECOVERY IN REVENUE.
ITS A GOOD TIME TO REFINANCE YOUR LOAN WITH LOWER INTEREST RATE. WITH KHAZANAH BEING THE CONTROLLING SHARE HOLDER, THE LOANS WILL CERTAINLY BE REFINANCE. NO CASH CALL TOO COS KHAZANAH GOT NO MONEY
WONDER WHY THE ESG CONCERN. OIL IS NOT CARBON FRIENDLY LAH. WANT TO TALK ABOUT ESG
IN O&G INDUSTRY.

7113 TOPGLOV TOP GLOVE CORPORATIONBERHAD 256,699,767 3.13
7153 KOSSAN KOSSAN RUBBER INDUSTRIESBHD 50,808,563 1.99
RSS short more Top Glove but buy back some Kossan. Now Kossan only short 1.99%. I think the block at $4.05 is placed by the shorties. They induce people to sell at this price.

Ini kali lah. Mkt cap is less than 2B, but new projects alone is 1.8B
There will be more on the way. The loans need to be refinanced with lower interest rate. The company and banks both happy. Airasia with no tunnel in front also can refinance.
Don't worry. Khazanah got no money. Will not do a rights issue. In this low interest rate environment, refinancing at a lower interest rate is good for all.

Dividend X date is 16th Feb. So the shorties got to pay dividend to owner of shares

Some big ticket being roll over at $4.05 today. That's my observation

Don't listen to those rumor's of share consolidation. Kazanah will not do it this round because they have no money. They went for the rights issue last time at high price. They will ask Petronas to give projects to Velesto. Off course the big fish will collect kaw kaw first. See how they block at 12.5 cents last week. I buy until scared and Q at 11.5 cents. With interest rate going down, its good for both banks and company to refinance the old loans with new. Off course the Bankers want to see new projects. Just wait until the negotiations for refinancing is completed

Got +ve case become good news cos co buy back again
SUPERMAX CORP BHD buyback 8,151,600 shares from 6.240 to 6.700 on 22-Jan-2021.

Most of us were given the impression that the 1st tranche of CRPS is to be issue at 66 cents. As a shareholder and if you qualify as a sophiscated investor, you can apply. So I doubt any subsequent trache will be price low. All shareholders will rush for it. Any upcoming tranche will be at least 66 cents

According to the AmInvest analyst, the next tranche of CPRS is to be priced at 66 cents. So they should push the price to 66 cents and stay for a few days

Matter of time that the price will move. Be patient. For evey 0.5 cents down, I buy some. What other sector can buy

The only among the top 4 still below 31 Dec 2020 price. Why?

This counter will not have fund raising because Khazanah got no money lah. At this low interest environment, the banks are more than happy to rollover any debts at a lower interest rate if you have a strong major shareholder. Who can be stronger than the Govt.

Think alot of people scared of own shadows. Rumours of share consolidation and etc. Khazanah is major shareholder. They got no money to go for rights issue again. At this low interest rate environment, Banks are more than happy to issue new loans at low interest rate if you have a strong major shareholder

From 84 cents to 23 cents and still got people wait for 20 cents.
I start buying from 25, 24 and hardly got a few lots at 23 cents.

This counter used to be double the price of sapura Energy. No same price

Any news on Jelun Gas field project

4 Weeks Range: 0.23 - 0.85
MY GOD. WHATS HAPPENING. 25% LEFT IN JUST 1 MONTH. I WILL LOOK FOR AT LEAST A 10% REBOUND AFTER GOING DOWN BY 400%

NOW KOSSAN IS NO 1. NET SHORT OF -2.04%. TOP GLOVE ALL BUY BACK ALREADY

NOW KOSSAN IS NO 1. SHORT POSITION AT -2.04%. TOP GLOVE NO MORE SHORT.
ALL BUY BACK. BUY BACK SOON

I hope the results come out soon.
Can't be worse than last quater

Kossan have NOSH of 2558m shares and a free float of 1080M shares.
Top Glove have NOSH 8202m and a free float of 5000m shares.
As you can see from the above figures, there is a lower % of Kossan free float shares.
Look at the Net Short position. TG is 2.95% (241,895,602 shorted)Kossan is 2.18% ( 55,609,863 shorted) As a percentage of free
float, TGlove is 4.84% of free float shorted.
Kossan is 5.15% of free float shorted.
So in reality, Kossan is the most shorted Glove counter

If only China retailers join in the fun

If only China retailers join in the fun

https://www.theedgemarkets.com/article/gamestop-mania-goes-global-reta...
Aside from Rakuten and Pigeon, other heavily shorted Japanese stocks recording gains included HIS Co, Mitsubishi Motors Corp and Dentsu Group Inc.
GameStop and AMC Entertainment Holdings Inc were the most-active US stocks Wednesday on a trading app run by Shenzhen-based Futu Holdings Ltd, which serves individual investors in mainland China and Hong Kong.

https://www.theedgemarkets.com/article/gamestop-mania-goes-global-retail-traders-gang-shorts
Aside from Rakuten and Pigeon, other heavily shorted Japanese stocks recording gains included HIS Co, Mitsubishi Motors Corp and Dentsu Group Inc.
GameStop and AMC Entertainment Holdings Inc were the most-active US stocks Wednesday on a trading app run by Shenzhen-based Futu Holdings Ltd, which serves individual investors in mainland China and Hong Kong.

Spend 2 mins to write a email as a member of EPF. Its our money.
We got the right to ask.

Posted by cutie > Jan 28, 2021 10:11 AM | Report Abuse
I think they are already planning to trap the shorties. This is happening. I'm not surprise that the share will go up 100 percent to squeeze the shorties. Lately it is trend now.. Squeezeeeee. Malaysia boleh

YOU SEE. THEY ARE NOT COVERING THEIR SHORT POSITION. THEY ARE WAITING FOR MARCH WHEN INTRADAY SHORT SELLING BY PDT RESUME. THEY WILL HAVE THE LAST LAUGH IF WE DON'T PRESS

More people write in to question EPF about the logic, and the seat become very hot. They will quickly recall the shares. If not the RSS will wait until intraday Short Selling by PDTs resume in March 2021

Tan Sri Lim is on the EPF board. The guy who lend out TopGlove shares for RSS probably do so with the Board's approval. Ada kam Cheng kah?
What is the $ logic for lending out 10% of your investment to drive down the value of more than 100% (They have Kossan and Hartalega too)the value of your holdings.

Posted by Targeted > Jan 28, 2021 5:23 AM | Report Abuse
Top 10 most shorted stocks on Russel 3000, jump between 50-100% - Epic Shortsqueeze
gamestop jump 700% in 1 week due to short squeeze. Power of social media polling retailers to fight big bully

Frankly, I doubt any sane investors will lend their shares for Short Selling. The EPF probably did not have a mandate to do it, but someone benefits.
At 5% interest per annum, if you lend out $1m of gloves shares for 1 month, you get about $4,166 in interest. If you share price goes down 5%, you lose 50K.

THOSE WHO WANT GLOVE STOCKS TO GO UP SHD CONTINUE WRITING EMAILS TO EPF AND CONDEMN THEIR SBL ACTIVITY. THE RSS PEOPLE HAVE NO SOURCE OF SHARES TO BORROW. THEY HAVE RESORT TO BORROWING VIA FACEBOOK POST VIA KENANGA
Look at Facebook Post :- Wong Patrick - Bursa Market Strategies (Open Group).
Stocks Wanted : TopGlove, Kossan and Supermax
Interest : 5% per annum on daily rest paid on 10th Business day of following month
Contact Patrick Wong Chin Liang. tel 012-9190285 (Kenanga)

Posted by The Market > Jan 28, 2021 4:10 AM | Report Abuse
"This is a big moment. A tug of war between tradition and the future. Hedge fund managers live in the past, and continue to look down upon the retail investors. They truly believe that we, the average retail investors, don't know anything about finances or the market (which may be true), and we're just gambling our money away. We don't know any better. WE NEED HEDGE FUND MANAGERS TO TELL US WHAT TO DO! SAVE US! This is the world they want to live in. This was the past."
THIS IS THE MAGIC OF SOCIAL MEDIA.
POLLING RETAIL INVESTOR TOGETHER TO FIGHT THE SHORT SELLING BAD BOYS

Look at Facebook Post :- Wong Patrick - Bursa Market Strategies (Open Group).
Stocks Wanted : TopGlove, Kossan and Supermax
Interest : 5% per annum on daily rest paid on 10th Business day of following month
Contact Patrick Wong Chin Liang. tel 012-9190285 (Kenanga)

THOSE WHO WANT GLOVE STOCKS TO GO UP SHD CONTINUE WRITING EMAILS TO EPF AND CONDEMN THEIR SBL ACTIVITY. THE RSS PEOPLE HAVE NO SOURCE OF SHARES TO BORROW. THEY HAVE RESORT TO BORROWING VIA FACEBOOK POST VIA KENANGA

INSPITE OF THE SHORT COVERING OF 36M SHARES ON 22 JAN, THE NET SHORT POSITION INCREASE TO -2.77% FROM -2.73%. AS OF 27TH JAN 2021, THE NET SHORT POSITION IS -2.92%. AS WE KNOW THAT THE OWNER WILL SUPPORT BY BUYING BACK AND ALSO CO GOT NEW MANDATE TO DO BUYBACK, I THINK TIME IS RIGHT FOR THE RETAIL INVESTOR TO BUY AND INDUCED A SHARE SQUEEZE BULL RUN ON THIS STOCK LIKE WHAT THE RETAIL INVESTORS DID TO SHORT SELLERS IN GAMESTOP - UP 700% IN 1 WEEK BY SQUEEZE SHORT SELLERS INTO COVERING POSITION

22-Jan-2021 Acquired 36,051,480
Registered Name Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board
Nature of Interest Direct Interest
Description SBL
THE PRICE RANGE ON THAT DAY IS $6.06 TO $6.37.
THE SHORT COVERING WAS PROBABLY DONE AT THE LOW END

Stock [TOPGLOV]: TOP GLOVE CORP BHD
Announcement Date 26-Jan-2021
Substantial Shareholder's Particular:
Name EMPLOYEES PROVIDENT FUND BOARD
Details of Changes:
Currency -
Date of Change Type Number of Shares
21-Jan-2021 Acquired 19,459,200
Nature of Interest Direct Interest
Shares Ordinary Shares
Reason 1. Acquisition of 19,699,000 shares (SBL) by Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board.
THE SHORT SELLERS BUY BACK SOME SHARES BUT THE SHORT POSITION INCREASE FROM -2.71% TO -2.73%. WHY?

When is the Q result coming out?

Posted by MrGlover > Jan 25, 2021 11:01 PM | Report Abuse
They haven't reached 4% limit doesn't mean they can short. Someone needs to be willing to loan them the shares. If no willing party, even at 0% short position, they can't short. Yes they are big shark, but even big shark don't want to pay divvy to lender, they already have to pay an interest for shares that they've shorted. They just gonna lose more if they drag longer.
SPOT ON. THE BIGGEST POSSIBLE LENDER IS EPF. YOU GUYS NEED TO SPEND 2 MINUTES WRITING A EMAIL TO EPF TO CONDEMN SBL ACTIVITY

Anyone estimate what is Kossan coming QR PAT? I am hoping they hit 0.8B, hence minimum dividend (based on the policy of 30%) based on EPS 31.27, Kossan shareholders can expect 9sen dividend? Based on today's closing price of RM 4.50, that is a 2% DY per quarter = 8% annually.
Dividend policy of 30% will be disappointing. Shd be at least 60%

Postpone to this evening.