Glove counter price is up. No point countering the naysayers. They are only waiting anxiously for a lower entry level. They actually love Glove counters inspire of all the negative comments. They have no effect on their price movements. Just remember to write an email to EPF condemning their RSS lending activity. Throw stone at own feet or taking planks from your wooden house to cook a meal. Put it in whichever way you want. You have the right as a EPF member. They are the big buys that can influence the movement. Today its glove. Tomorrow could be Banks.

Glove counter price is up. No point countering the naysayers. They are only waiting anxiously for a lower entry level. They actually love Glove counters inspire of all the negative comments. They have no effect on their price movements. Just remember to write an email to EPF condemning their RSS lending activity. Throw stone at own feet or taking planks from your wooden house to cook a meal. Put it in whichever way you want. You have the right as a EPF member. They are the big buys that can influence the movement. Today its glove. Tomorrow could be Banks.

Prison also big cluster. Close down Prison. What about Place of worship. Think is more about enforcing the SOP and providing accurate and reliable test for the worker.

TopGlove latest presentation to Investors last Friday. Waiting time 300 days. Got to pay 20% deposit. You think ASP will go down so soon?

https://www.cnbc.com/2021/01/21/dr-fauci-says-covid-vaccines-appear-to-be-less-effective-against-some-new-strains.html

https://www.cnbc.com/2021/01/21/dr-fauci-says-covid-vaccines-appear-to-be-less-effective-against-some-new-strains.html

it is very good biz to epf, do nothing already gain 4m from shorties just in 3 weeks
haha. made 4m but the value of their holdings in glove stocks probably go down by 4B - THATS GOOD BUSINESS?

Posted by Mytime > Jan 22, 2021 11:08 PM | Report Abuse
Are you sure EPF behind the short selling?
EPF STARTED THE ROUT ON GLOVE SHARES BY LENDING 40M TOPGLOVE SHARES FOR RSS ACTIVITY. THROW STONE AT OWN FEET. ALL MEMBERS SHD JUST EMAIL AND PROTEST. THE GUY WHO DID IT WILL FEEL HOT, IF THEY RECEIVE MANY EMAILS REGARDING THIS. NO OTHER FUNDS GOT THIS QUANTITY AND TYPE OF STOCK FOR RSS LENDING

RSS STATS ON TOP 4 GLOVE COs as of 23 Jan 2021
PARAMETER TOPGLOVE HARTA SUPERMAX KOSSAN
NOSH 8,201,000,000 3,428,000,000 2,721,000,000 2,558,000,000
RSS@ 4% 328,040,000 137,120,00 108,840,000 102,320,900
Current RSS% 2.73 1.35 0.59 2.18
Current Short Position 223,887,300 46,278,000 16,053,900 55,764,400
Balance Short able Units104,152,700 90,842,000 92,786,100 46,556,500
Closing Price on 31-12-2021 $6.12 $12.14 $6.01 $4.50
Closing Price on 22-01-2021 $6.25 $12.32 $6.53 $4.19

RSS STATS ON TOP 4 GLOVE COs as of 23 Jan 2021
PARAMETER TOPGLOVE HARTA SUPERMAX KOSSAN
NOSH 8,201,000,000 3,428,000,000 2,721,000,000 2,558,000,000
RSS@ 4% 328,040,000 137,120,00 108,840,000 102,320,900
Current RSS% 2.73 1.35 0.59 2.18
Current Short Position 223,887,300 46,278,000 16,053,900 55,764,400
Balance Short able Units104,152,700 90,842,000 92,786,100 46,556,500
Closing Price on 31-12-2021 $6.12 $12.14 $6.01 $4.50
Closing Price on 22-01-2021 $6.25 $12.32 $6.53 $4.19

Latest Stats:

RSS STATS ON TOP 4 GLOVE COs as of 23 Jan 2021
PARAMETER TOPGLOVE HARTA SUPERMAX KOSSAN
NOSH 8,201,000,000 3,428,000,000 2,721,000,000 2,558,000,000
RSS Limit @ 4% 328,040,000 137,120,00 108,840,000 102,320,900
Current Short Position % 2.73 1.35 0.59 2.18
Current Short Position 223,887,300 46,278,000 16,053,900 55,764,400
Balance Short able Units104,152,700 90,842,000 92,786,100 46,556,500
Closing Price on 31-12-2021 $6.12 $12.14 $6.01 $4.50
Closing Price on 22-01-2021 $6.25 $$12.32 $6.53 $4.19

22-Jan-2021 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 3,000,000 shares on 19-Jan-2021.
22-Jan-2021 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 421,800 shares on 19-Jan-2021.
22-Jan-2021 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 3,000,000 shares on 18-Jan-2021.
Price Range on 18 Jan 2021 is $4.22 to $4.34
Price Range on 19 Jan 2021 is $4.07 to $4.29
Make sure that RSS guys cannot borrow from EPF again so that they have to buy back from market. Write Email to EPF to Question why they throw stone at own feet or taking planks from wooden house to use as firewood. Remember that lending to SBL is lending a tool to depreciate your own asset value. As a member we have the write to question their investment decisions.

To kill the shorties, everyone pro Gloves and contribute to EPF should write as a member to EPF condemning the lending of shares for RSS esp when they hold a significant stake in that counter. As a public mutual fund that is mandatory ( Cover also workers from the Glove Industry ),
they cannot help depress share price ( Affect the worker's benefit in terms of ESOS). I have written a couple of letters to EPF and also Star Biz. Hope you all do the same. You have the right as EPF member to voice your concern. Only EPF is able to lend them the amount of shares required. Seems they have stop shorting TopGlove and Kossan because cannot find lenders.

To kill the shorties, everyone pro Gloves and contribute to EPF should write as a member to EPF condemning the lending of shares for RSS esp when they hold a significant stake in that counter. As a public mutual fund that is mandatory ( Cover also workers from the Glove Industry ),
they cannot help depress share price ( Affect the worker's benefit in terms of ESOS). I have written a couple of letters to EPF and also Star Biz. Hope you all do the same. You have the right as EPF member to voice your concern. Only EPF is able to lend them the amount of shares required. Seems they have stop shorting TopGlove and Kossan because cannot find lenders.

To kill the shorties, everyone pro Gloves and contribute to EPF should write as a member to EPF condemning the lending of shares for RSS esp when they hold a significant stake in that counter. As a public mutual fund that is mandatory ( Cover also workers from the Glove Industry ),
they cannot help depress share price ( Affect the worker's benefit in terms of ESOS). I have written a couple of letters to EPF and also Star Biz. Hope you all do the same. You have the right as EPF member to voice your concern. Only EPF is able to lend them the amount of shares required. Seems they have stop shorting TopGlove and Kossan because cannot find lenders.

To kill the shorties, everyone pro Gloves and contribute to EPF should write as a member to EPF condemning the lending of shares for RSS esp when they hold a significant stake in that counter. As a public mutual fund that is mandatory ( Cover also workers from the Glove Industry ),
they cannot help depress share price ( Affect the worker's benefit in terms of ESOS). I have written a couple of letters to EPF and also Star Biz. Hope you all do the same. You have the right as EPF member to voice your concern. Only EPF is able to lend them the amount of shares required. Seems they have stop shorting TopGlove and Kossan because cannot find lenders.

Whats impressive today is that the average price today is $4.17 but park buyer at big quantity at $4.19

Posted by MrGlover > Jan 22, 2021 2:25 PM | Report Abuse
@beginner 2.2m short but only 8% of volume. Definitely looks like a bull run and shorties kena stampede ler. Kossan and Supermax 0, I think they may be starting to cover position. I'm inclined to think that momentum will continue into next week. :)
Harta result out Monday lunch time. They shd be giving out a set of stella results and hopefully a bonus issue.
That would have a contagion effect on other glove counters.
Think the result selldown was also because Supermax results were delayed.

https://www.klsescreener.com/v2/news/view/781629/top-glove-launches-recruitment-drive-for-9-000-employees
TopGlove on recruitment drive for 9000 malaysians, out of which 2000 is for University grads.

By the way, its seems that the Pfizer vaccine is not effective for the new strain of covid from SA. Also the blood plasma anti bodies is not effective treatment for this new strain. Stay safe

Posted by TRYLUCK88 > Jan 22, 2021 12:08 PM | Report Abuse
Mr Glover, i admire your calmness last few days. Today i m less tensed liao,
linheng, where r u?
Like I said before, just use whatever means to top up, be it mortgage overdraft or margin acc. Gloves can pay a dividend yield of at least 13%. Can cover your other account interest 3X and you are entering at low level. Even JP Morgan TP is $3.80 for Kossan but $3.50 for TGlove.
I top up again at $4.11 and $4.01. Was prepared to top up at $3.91 but did not managed to get

https://www.klsescreener.com/v2/news/view/781629/top-glove-launches-recruitment-drive-for-9-000-employees
Going to Provide work for 9000 Malaysia out of which 2000 is for university grads. Such a good national asset and govt is not helping them Target their workers quarters when the PPR flats are in worse conditions

Remember Harta quarter results out on Monday noon.

Latest Net short position on gloves
Kossan is -2.15% up from 2.08%
Harta is 1.22% up from 1.16%
TopGlove is 2.69% down from 2.76% and 2.82% the previous day
Supermax 0.57% up from 0.56%
As you can see, Kossan is resisting well. Inspite of low volumn and increased shorting (0.07%), the price actually increase 5 cents.
At this point, we can be hopeful that EPF will be buying more since they bought on the 14 & 15Th Jan at above $4.22

Hope they declared a good divident and maybe throw in some free warrants. This will catch the Short Seller with their pants down

Quarter result out on this coming Monday Noon.

Should have bought some Hartalega at the close when it was thrown down. Remember that volume is thin. Any pressure exerted will drive price lower much faster. Be prepared to pick up if you buy. Better than buying all the Bank Shares will rising NPL.
Hartalega Q result out this coming Monday Noon. Kossan is in mid February. There is a bit of delay on Supermax results

Average price about $4.192. Today top up again

Posted by TRYLUCK88 > Jan 20, 2021 8:04 PM | Report Abuse
still asking myself...why kossan n not tg?..oth than the reason kossan being low downside.
how abt u all. linheng? 100lots in right?
Haha. No worries. You don't get cheap sale always. How much the Short sellers lost on Tesla. Gloves is our Tesla lah.
Let say the Dividend yield is 13% (Based on TopGlove 2020 Div) and at a price of $4 per share - $0.52 cents per annum. Can pay over 3X your mortgage interest. I buy into margin account that gives me 5X leverage. Off course be prepared with some blue chips like Axiata and Telekoms. My purchase yesterday is
19-01-2021 Buy
TB/2021/146326
KOSSAN RUBBER 170,000 - 0.00 712,682.10

Harta Result next week. Hope they declared Bonus issue with warrants and a big Dividend. See how the shorties gonna buy warrants to repay
and pay dividend in cash to the owner

Today RSS. Harta 36.40%; Kossan 12.0% and TopGlove 9.17%

Asshole keep big roadblock at 4.10. You match the transaction with the RSS volume when one of your friends buy. The block belong to him

Flying today? Jerlun gas field contract? ASB bought 200+ m shares from mkt

Hartalega likely to see record 643% surge in earnings | https://www.klsescreener.com/v2/news/view/780473

Hartalega likely to see record 643% surge in earnings | https://www.klsescreener.com/v2/news/view/780473

https://www.institutionalinvestor.com/article/b1q3cxqlbmltyl/The-World-s-Biggest-Short-Selling-Hedge-Fund-Is-Scaling-Back

TopGlove. The shorties buy back 0.06% today. Drop from -2.82% to -2.76% BUT Kossan increase from -2.06 to -2.08%. Was watching them buying back at $4.15 but when Supermax drop to -6+%,
Kossan suddenly drop to $4.11. At the close, some joker throw quite a bit at $4.07 (From $4.11).
They managed to buy some then. Think most of the shorts were done at above $4.22.

Sorry. Saw wrong column. Its buy back 0.06% today

They buy back 0.04% today. Most likely at a loss

Posted by GoodBoy > Jan 19, 2021 2:26 PM | Report Abuse
RSS sold 1,141,900 shares so far in the morning session ...
MORE THAN A QUATER BUT PRICE ONLY CAME DOWN 2 CENTS

VOLUMN VERY SMALL TODAY

LETS HOPE THEY CONTINUE TO SHORT IN THIS LOW MARKET VOLUMN. WE JUST COLLECT SLOWLY.

GOT PFIZER'S VIAGRA INSTEAD OF COVID VACCINE TODAY

Posted by UnkleLim > Jan 19, 2021 1:15 PM | Report Abuse
Can just buy some when rss is near 4%
UNLIKELY TO REACH ABOVE 3%. TOO DANGEROUS FOR THEM.
TOPGLOVE REACH 2.83% AND THEY ALREADY STOP FOR COUPLE OF DAY.
TOPGLOVE PRICE ON 31 DEC IS $6.12
KOSSAN PRICE ON 31 DEC IS $4.50

Kossan :
28.7%; 31.94%, 31.5%, 26%, 33.17%, 27.89% and at noon break is 27.0%
Harta :
9.43%, 7.79%; 5.68%; 9.89%; 8.57% and 8.36%

Posted by MrGlover > Jan 19, 2021 12:43 PM | Report Abuse
Who has latest stats on morning short volume? Were they more aggressive than yesterday?
I monitor at intervals. Kossan become market leader for Gloves. TopGlove and Supermax, no RSS but follow Kossan down. Funny that TG went down more down Kossan. The rest of Gloves like Careplus and Comfort also go down with Kossan leading the pack. See how low they can go. I just buy all the way down

Posted by MrGlover > Jan 18, 2021 8:52 PM | Report Abuse
Last Friday short average price @4.27, today short average price @4.26. Don't sell anything below those figures. Everyday must gap up above. Time to flush them out. Q result out with divvy declared, they will quickly close their position and price will spike up. Otherwise they will have to bear the capital loss plus pay for divvy amount as well. Will definitely burn them. Hold tight guys!
YOU ARE SPOT ON. LESS THAN 2% OF SHARES FOR THEM TO USE AS AMUNITION TO FORCE PRICE DOWN. WITH LOWER PRICE ITS MORE RISKY FOR THEM.
HOLD TIGHT AND WILL BE REWARDED. IF BASE RATE COMES DOME ANOTHER 25 POINTS, CAN DRAWN MORE FROM MORGAGE LOAN TO INVEST IN THIS STOCK

Yesterday the average short sell price is $4.261

Figs on closing for Monday. Net Short Sell. TG is 2.82%, Kossan is 2.06%(Increase from 1.91%), Harta is 1.27% (from 1.22%) and Supermax is 0.56%. So on Monday, in spite of doing 31.5% of trade and being net seller of 0.15% of Issue shares ( 3,837,000 shares) they did not manage to drive Kossan Shares down. Infact is was up 3 cent at 4.25 before the artificial close at 4.22.
Harta was even better. Went up even though they sell more.

Posted by mikeazk > Jan 18, 2021 6:13 PM | Report Abuse
Hi Lin Heng, How do do you see the RSS volume? Is it in your trading platform? I cant see in the RHB trading platform
All depends on your platform. For Maybank, you can add a column and see like you see the normal volume. For AmInvestment, you need to right click the stock tracker.
For net short sell position you go to Bursa Stats