Bear shorts.
Reputable shorts from those who engage in what he calls “bear attacks,” which occur when “investors or broker dealers disseminate false and misleading information to drive the stock price lower.”

Predatory shorts, in particular, have become adept at using the media to get their message out.

They certainly seem to be using the Internet—chat rooms, message boards and websites—to their advantage. Some of the more disreputable short sellers use message boards and chat rooms to disseminate disinformation, and ‘activist’ short sellers like Manuel Asensio have websites they use to post what they believe to be factual, negative information on companies that they tout as sells.

Third waves in Europe, South America and Asia all exceeded 100k cases daily. More demand for gloves. Already 160b oversold and need to extend demand to 2024 before slow down.
South America 19,459,317 +113,181
Asia 26,364,357 +102,082
Europe 36,565,804 +162,252

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.
https://www.channelnewsasia.com/news/business/malaysian-rubber-glove-group-says-demand-to-oustrip-supply-until-14410664

Post removed.Why?

Faster covid19 updates.
https://virusncov.com/

Shorties are stucked for long time. Ibs lender now preventing them to achieve TP price. Ib lender will then earn more interest and dividend from the shorties.

When shares is lack of interest, there is little buying by retailers. Only IB and shorties are playing with themselves. It would difficult for them to buyback the shares.

Shorties cover 154k supermx shares on 12/3. I believe the shorties will cover more TG shares in next few days.

Gloves on or Gloves off live now.

https://www.youtube.com/watch?v=5TeyHfl7Ohc

Faster covid19 updates.
https://virusncov.com/

Covid-19 Cases Are Rising Again Globally
With the UK B.1.1.7, South African B.1.351, and Brazil P.1 variants and our own home-grown variants the CAL.20C, the 677 mutations, and now the New York B.1.526 variant all active in the U.S. we cannot afford to be complacent. These new developments remind us that the pandemic is far from over and the variants could lead to a new surge in cases.

https://www.forbes.com/sites/williamhaseltine/2021/02/26/covid-19-cases-are-rising-again-globally/?sh=4f9737b84f80

Israel n Italy people there are infected with Kent variant which could infects the young children.

Nigeria, B1.525 variant was detected in Malaysia from 2 foreign visitors from UAE.

https://www.theedgemarkets.com/article/two-cases-nigerian-b1525-covid19-variant-found-malaysia

LONDON — The coronavirus vaccine developed by AstraZeneca and the University of Oxford has now been suspended in a number of countries across Europe and Asia, following reports of blood clots in some vaccinated people.

Many other nations, however, have defended their use of the shot and said they will continue their respective inoculation campaigns.

Thailand on Friday became the first Asian country to halt the use of the jab over safety concerns, shortly after Denmark announced a two-week pause to its nationwide rollout after reports of blood clots and one death.

In a setback to Europe’s ailing vaccination campaign, seven other countries have also suspended the use of the Oxford-AstraZeneca shot: Norway, Iceland, Bulgaria, Luxembourg, Estonia, Lithuania, and Latvia.

Austria and Italy, meanwhile, have said that they will stop using certain batches of the vaccine as a precautionary measure



https://www.cnbc.com/2021/03/12/astrazeneca-covid-vaccine-suspended-in-some-countries-over-blood-clot-fears.html

9/3
Shorties had covered some position of Kossan n Harta.
1 Kossan 8.4m
2 Harta 6.9m

I believe the shorties will cover some position or close position for TG. They are not willing to pay 56m dividends to lender.

So do not sell your shares cheap to shorties.

More than 326,000 confirmed cases of the novel coronavirus infection were registered worldwide in the past day, with the overall number of such cases exceeding 116.87 million, the World Health Organization (WHO) said in its daily bulletin on Tuesday, Trend reports citing TASS.

As of 18:53 Moscow time on March 9, as many as 116,874,912 novel coronavirus cases and 2,597,381 coronavirus-associated deaths were registered across the globe. The number of confirmed cases grew by 326,990 in the past 24 hours and the number of fatalities increased by 6,573.

https://en.trend.az/world/3392693.html

The global demand for nitrile gloves has reached 585 billion this year according to the Health Industry Distributors Association, but manufacturers are only able to produce 370 billion at current levels.

Furthermore, the Strategic National Stockpile (SNS) only has a low supply of gloves, in comparison to their supply targets. The Health and Human Services wanted to store 4.5 billion gloves, but only had 179 million pairs of gloves in the SNS as of late November, according to White House reports. In late October, HHS estimated that the demand would soon increase to 104 billion gloves per year

States like Alaska have reported experiencing a nitrile glove shortage and are struggling to find a solution. Dr. Anna Zink, the state’s medical officer, states that glove supply has been smaller than the rest of the PPE supply. She said that the shortage is due to the larger issue of states preparing for vaccine distribution which requires the wearing of gloves to administer the vaccine. Many states are in more need of gloves in order to be stocked-up enough to start administering the vaccine. Nitrile gloves are not included in vaccination kits, which will greatly increase the demand for gloves from healthcare providers administering the vaccine nationwide.

US HHS needs 104b nitrile gloves per year.

https://getusppe.org/nitrile-glove-shortage/

The Group’s strong and healthy Sales figures were attributed to the continued demand for gloves
globally and Top Glove is pleased to provide gloves to protect healthcare workers all over the world,
who are on the frontlines of combating the pandemic. Meanwhile, the improved Profit came on the back of higher sales output, high utilisation levels which amplified production efficiency, coupled with
higher average selling prices (ASPs) in line with market pricing. The Group’s remarkable and healthy
profit was also attributed to ongoing enhancements across its operations, through digital transformation,
continuous R&D and innovation, quality and productivity initiatives and talent acquisition and
development.

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=213435&name=EA_FR_ATTACHMENTS

TG PAT 2.9b have confirmed the ASP price of gloves remains uptrend and high demand for gloves. The PAT 2.9b is above consensus of 2.58b even the TG factories had shutdown for a month. If there is no shutdown, i believe the PAT should exceed 3b.

KUALA LUMPUR: The ringgit closed easier against the US dollar today due to weak sentiment amid the strengthening greenback, analysts said.

At 6 pm, the local note fell by 330 basis points to 4.1050/1100 against the US dollar from 4.0720/0760 at Friday’s close.


Axi chief global market strategist Stephen Innes the ringgit weakened again due to a few reasons, but primarily due to foreign exchange traders repricing the Federal Reserve’s (Fed) policy higher, faster and sooner, which really matters a lot for the US dollar.

“Investors are also now thinking the US economy will outpace Asia’s growth in 2021 and it could trigger an asset rotation out of Asia going into the US market, which is also weighing on local currency sentiment,“ he told Bernama.
https://www.thesundaily.my/home/ringgit-closes-lower-by-330-bps-against-us-dollar-CY7122747
Now 1 US Dollar =4.12 Malaysian Ringgit

More revenue n profit for supermax.

ZURICH: Austrian authorities have suspended inoculations with a batch of AstraZeneca's COVID-19 vaccine as a precaution while investigating the death of one person and the illness of another after the shots, a health agency said on Sunday.

"The Federal Office for Safety in Health Care (BASG) has received two reports in a temporal connection with a vaccination from the same batch of the AstraZeneca vaccine in the district clinic of Zwettl" in Lower Austria province, it said.

One 49-year-old woman died as a result of severe coagulation disorders, while a 35-year-old woman developed a pulmonary embolism and is recovering, it said. A pulmonary embolism is an acute lung disease caused by a dislodged blood clot.


https://www.klsescreener.com/v2/news/view/799209/austria-suspends-astrazeneca-covid-19-vaccine-batch-after-death

Healthcare Industry Continues to Dominate Disposable Gloves Demand

By the end of 2023, an estimated 81.8% of the total volume of disposable gloves in the U.K. is expected to be taken up by the healthcare industry. The healthcare industry was and will continue to be the leading application segment for disposable gloves, owing to the vast number of medical applications that require the medical personnel to wear gloves. These functions include surgeries, examinations, and sterilization of equipment.

On the other hand, the application of disposable gloves in non-medical applications within the U.K. is expected to grow, due to the booming industries of food and beverage, and automotive.

The key manufacturers of disposable gloves in the U.K. today, include Top Glove, Supermax Corporation Bhd, Semperit AG Holding, Kossan Rubber Industries Bhd, Hartalega Holdings Berhad, Smart Glove, and Unigloves.

https://www.transparencymarketresearch.com/uk-disposable-gloves-market.html


March 2020 to March 2021 UK healthcare had consumed 5.1 billion gloves
one day 1 year
Gloves 160,703,000 5,105,067,000

https://www.gov.uk/government/statistics/ppe-deliveries-england-1-february-to-7-february-2021/experimental-statistics-personal-protective-equipment-distributed-for-use-by-health-and-social-care-services-in-england-1-february-to-7-february-20

Supermax aurelia gloves are mostly are sold out.

https://myglovedepot.com/collections/supermax-gloves

HONG KONG (Bloomberg) -- Hong Kong police arrested 12 people for running alleged "ramp and dump” stock scams and over money laundering after raids on luxury homes and brokerages across the city.

The joint operation with the Securities and Future Commission seized HK$900 million (US$116 million) in assets and arrested 7 men and 5 women, the police announced at a press briefing on Friday. They are being held on market manipulation, money laundering and fraud charges.


https://www.klsescreener.com/v2/news/view/798762/hong-kong-arrests-12-seizes-us-116mil-after-stock-scam

PETALING JAYA: A combination of factors including the rise in 10-year US Treasury yield and China’s modest 2021 gross domestic product growth forecast have weighed on the ringgit’s performance against the US dollar Friday, despite firmer oil prices.

At 6pm, the ringgit fell further to 4.0720/0760 against the greenback from 4.0550/0600 at Thursday’s close.

https://www.klsescreener.com/v2/news/view/798937/ringgit-slips-further-versus-us-dollar

Unless they close position. If they don't make enough profit, they will not full buyback (close position)

myinvestor Shares already sold, how to get dividend back.
——————————
But if shorties buy back straight after price adjusted(dividends payout), if price not moving up, they won’t lost anything also ma! Right?


if shorties buyback after ex-date, they will not receive the dividend and still need to pay dividend to the lender.

Shares already sold, how to get dividend back.

Today most of the world indices all red. Recovery stocks are in jeopardy as the new cases covid19 continues increasing.

US 30 Futures 30,789.0 -89.0 -0.29%
US 500 Futures 3,751.62 -13.98 -0.37%
Dow Jones 30,924.14 -345.95 -1.11%
S&P 500 3,768.47 -51.25 -1.34%
Nasdaq 12,723.47 -274.28 -2.11%

Nearly all continent have new covid19 cases increasing.
2 days ago Total case New cases
Europe 34,322,478 +138,837 819,930 +3,497
North America 33,717,652 +67,746 764,054 +2,609
Asia 25,150,611 +76,914 399,853 +835
South America 18,128,302 +80,534 470,463 +2,246

Now
Europe 34,664,874 +170,618 826,911 +3,293
North America 33,883,397 +82,941 770,549 +2,975
Asia 25,312,557 +81,560 401,493 +820
South America 18,327,749 +98,191 475,562 +2,530

https://www.worldometers.info/coronavirus/

Foreign fund bought supermax shares.

https://fintel.io/so/us/spmxf

New COVID-19 variants combined with opening of Texas could send case count upward

UTSA mathematician Dr. Juan Gutierrez says its 50-50 another spike could be right around the corner. That's because of the unknown nature of the three virus variants along with the decision by Gov. Greg Abbott to open up the state next week.
Next week, all Texas businesses can go back to 100 percent occupancy, and masks are not mandated.

https://www.msn.com/en-us/news/us/new-covid-19-variants-combined-with-opening-of-texas-could-send-case-count-upward/ar-BB1efE8M

FF are buying. The list are below.
https://fintel.io/so/us/spmxf

Post removed.Why?

From 2/2 to 2/3 more 550m shares sold and some IB, retailer and supermx had bought it.. almost 55% free float share. Time to rebound.

Posted by Goldberg > Mar 3, 2021 10:40 AM | Report Abuse

Supermax's 3 years PAT will exceed its current market cap of RM11 billion
--------------------------------------------------------------------------

Supermax, plan is to expand its nitrile glove production capacity to 28.5725 billion pieces by the end of this year, and to 40.5725 billion pieces by the end of 2022. As the company

https://fifthperson.com/2020-supermax-agm/

3. Supermax will spend RM1.2 billion to expand its glove production capacity from 24 billion pieces in 2020 to 36 billion pieces in 2021 and 48 billion pieces in 2022. The plan is rather aggressive as mentioned by MSWG. The additional capacity is to cater to the current backlog. Older production lines will also be revamped to improve their capacity and efficiency.

Supermax’s production lines are currently running 24/7 to fulfil the heightened glove demand. The operations are paused for routine maintenance only. The company’s production lines have been booked for almost the entire of 2021. If an order is placed today, it will only be fulfilled in a year’s time.

Glove production will increases to 36b in 2021 and older lines will be revamped to improve production efficiency and capacity.

The number of new coronavirus infections globally rose last week for the first time in seven weeks, the World Health Organization said on Monday.

“We need to have a stern warning for all of us: that this virus will rebound if we let it,” Maria Van Kerkhove, the WHO technical lead for Covid-19, told a briefing. “And we cannot let it.”
WHO director general Tedros Adhanom Ghebreyesus said the rise in cases was “disappointing but not surprising” and urged countries not to relax measures to fight the disease.

It was too early for countries to rely solely on vaccination programmes and abandon other measures, he said: “If countries rely solely on vaccines, they are making a mistake. Basic public health measures remain the foundation of the response.”


https://www.scmp.com/news/world/article/3123665/new-worldwide-coronavirus-infections-first-time-7-weeks-who-says

Johnson said the funding is meant to increase testing in the short term, but called on Congress to pass President Joe Biden’s $1.9 trillion aid package, called the American Rescue Plan, which includes $50 billion in funding for testing.
“As part of the President’s national strategy to combat COVID-19, we will deploy every available resource to ensure that more individuals and families have access to testing options during this unprecedented time and that our nation is prepared to contain and prevent the spread of possible variants,” HHS Acting Secretary Norris Cochran said in a statement.

White House Covid-19 response coordinator Jeff Zients said at the Wednesday briefing that the U.S. has “too little capacity for diagnostic screening and genomic sequencing.” Widespread and accessible testing will be important, he added, to safely reopen businesses and schools.

“We need to make a significant investment in ramping up testing across the country,” he said. “We’re using available funds so we can pilot programs and make progress, but make no mistake, we need the American Rescue Plan to double testing capacity, promote innovation and drive down costs per test.


$50 billion testing will create more demands for gloves.

https://www.cnbc.com/2021/02/17/biden-administration-to-invest-over-1point6-billion-to-expand-covid-testing-sequencing.html

As lockdowns across Europe drag on into spring, the Austrian government says it has a strategy to get life back to normal in weeks rather than months — not with vaccines, but tests.

The country of 8.8m people will from Monday make 3.5m Covid tests available free to its citizens each week. The plan could allow restaurants and bars to start welcoming customers back by mid-March. Non-essential shops and schools are already open and many Austrians have returned to their workplaces.

“We are on the way to becoming the testing world champion,” said chancellor Sebastian Kurz. “Our goal is to be able to control the incidence of infection, or at least mitigate any growth in infection numbers, as best we can, by testing as much as possible.


Vaccines rollout seem to be slow and have supplies issue in Europe and other parts of world . I believe more n more countries will go for more PCR testing to get back to normal life. Health workers will need wear more PPE and more gloves for testing. The world demand of gloves will increases b/c more testing is requires to get back to normal life.
If the strategy is working in Austria, other parts of world will follow suit.



https://www.ft.com/content/4590dbfb-fa8d-4177-b984-08e4894cdcc2

KUALA LUMPUR (Feb 26): Top Glove Corp Bhd, which has spent RM1.4 billion on share buy-back exercises, is planning to float new shares in Hong Kong to raise up to RM7.7 billion.

In a bourse filling, the world's largest glove manufacturer said the dual primary listing exercise on the main board of Hong Kong Stock Exchange entails the issuance of up to 1.5 billion new shares, representing 18.65% of the group's total issued shares of 8.02 billion. The issue price is to be determined later.

Shorties JP got trap. Run. Similar coming Supermx dual listing in SGX.

https://www.theedgemarkets.com/article/top-glove-plans-float-shares-hong-kong-raise-rm77-billion

At current vaccination rates, it would take “not one or two years, but six years” to reach 75% global coverage, currently considered the minimum to achieve ‘herd immunity’ against COVID-19.

Patent protections, vaccine production constraints and the rich country scramble will deprive more than 85 poor countries of public access to vaccines before 2023. As of 5 February, not a single dose had been administered in 130 countries with 2.5 billion people.

http://www.ipsnews.net/2021/02/ip-vaccine-imperialism-cause-death-suffering-delay-recovery/

UALA LUMPUR (Feb 26): The main index at Bursa Malaysia pared some of its loss at the midday break Friday, against the backdrop of skidding regional markets, while technology-related stocks on Bursa Malaysia came under selling pressure.

The fate of technology stocks mirrored the overnight performance at Wall Street where tech darlings all suffered, with Apple Inc, Tesla Inc, Amazon.com Inc, NVIDIA Corp and Microsoft Corp the biggest drags.

At 12.30pm, the FBM KLCI was down 3.78 points to 1,577.76. The index had earlier slipped to a low of 1,577.53.

Market breadth was negative with 617 losers and 202 gainers, while 716 counters traded unchanged. Trading volume was 6.04 billion shares valued at RM3.29 billion.

The top losers included Malaysian Pacific Industries Bhd, Nestle (M) Bhd, British American Tobacco (M) Bhd, Unisem (M) Bhd, Pentamaster Corp Bhd, Sarawak Oil Palms Bhd, Carlsberg Brewery Malaysia Bhd, Tenaga Nasional Bhd and Hengyuan Refining Company Bhd.


https://www.klsescreener.com/v2/news/view/795537/klci-pares-loss-but-sentiment-stays-negative-as-tech-stocks-face-selling-pressure

At current vaccination rates, it would take “not one or two years, but six years” to reach 75% global coverage, currently considered the minimum to achieve ‘herd immunity’ against COVID-19.

Patent protections, vaccine production constraints and the rich country scramble will deprive more than 85 poor countries of public access to vaccines before 2023. As of 5 February, not a single dose had been administered in 130 countries with 2.5 billion people.

Of the more than 131 million doses available by 8 February, the US, China, the EU and the UK had 78%, while Africa had 0.2%! Meanwhile, the African Union has only ordered less than half of what it needs to reach herd immunity, i.e., just 670 million doses. Meanwhile, besides Brazil, other Latin American countries only have 150 million doses for less than a quarter of their population.
Supply shortfalls

By the end of 2021, total global capacity of the 13 leading COVID-19 vaccine manufacturers would still be well short of the needs of the world’s almost 7.7 billion people. Even if they all produce at maximum capacity, a fifth of the world’s population would not have access until 2022

Global needs now greatly exceed available supply. Middle-income countries have joined the scramble, making onerous direct deals with vaccine suppliers, typically on worse terms than if they had bargained collectively. Unsurprisingly, vaccine prices vary considerably, by more than 12-fold, from US$6 to US$74 per dose.


It wont be surprise vaccine of 1 dose will cost more than 1 box of gloves (USD 47) in the year end.

Gloves will be cheaper than vaccines and world will need more gloves than vaccine.

http://www.ipsnews.net/2021/02/ip-vaccine-imperialism-cause-death-suffering-delay-recovery/

The exasperation from Lundgren, the chief executive of easyJet, Europe’s second-biggest low-cost carrier, is understandable because the stakes are so high for an airline industry whose hopes for a vaccine-led recovery this year are already in jeopardy.

The pandemic shut the skies abruptly last spring, bludgeoning the industry as it endured the largest decline in flying since the second world war. Less than two months into this year, the danger facing airlines is more akin to a slow strangulation as country by country travel restrictions are tightened and, in some cases, borders closed to prevent new variants of Covid-19 spreading.

For an $800bn industry built on moving people around, it is an alarming picture. Europe and the US have tightened travel restrictions; the UK introduced tougher quarantine rules on Monday while Australia’s borders are expected to stay closed until the end of the year.

“Ever changing travel restrictions like quarantines are the single biggest barrier to customer bookings,” Lundgren told the FT.

Andrew Charlton, an aviation consultant, puts it bluntly: “The countries that have been really good at suppressing the virus have done it by killing international aviation.”

https://www.ft.com/content/10ef7ab8-1c54-44af-9b7e-bfcc30a13386

I believe if they (shorties) have reach TP, they will exit position ASAP.

I don't thing shorties make any money even 4.8 bc of both shorts. If RSS at 50m and private ib lender shorts maybe another 50m. Total daily shorts 100m per day. Just my personal view.

Paktua73:
The order price must be higher than the last traded price of the relevant stocks.
This is known as the ‘up-tick rule‘.

Just my point of view on short selling.

I believe shorties will shorts on both sides (buy n sell) in order bring the price.
Left side shorting are provided private ib lenders or they have invested shares in long position. U can see their daily trading, big volumes are shorted on left side occasionally and big vol (RSS) are queue on right side to prevent the price from going up.

Summer holidays hang in the balance after the World Health Organisation urged against using vaccine passports to facilitate international travel.

It said proof of a jab should not be required because there remain 'critical unknowns regarding the efficacy of vaccination in reducing transmission'.

The WHO added that inoculated passengers should not be able to sidestep existing travel restrictions designed to reduce Covid.

And it also warned that scarce doses could be diverted away from vulnerable people if they suddenly become of value to travellers.

Setting out the WHO stance, the interim position paper states: 'At the present time, it is WHO's position that national authorities and conveyance operators should not introduce requirements of proof of COVID-19 vaccination for international travel as a condition for departure or entry.'



https://www.msn.com/en-gb/travel/news/who-says-vaccine-passports-should-not-be-used-for-foreign-travel/ar-BB1dZIqZ?MSCC=1603963639%20

KUALA LUMPUR (Feb 24): Malaysia's economic outlook is marked as "at risk", Moody's Analytics said today, as the country's Covid-19-driven Movement Control Order (MCO), which bars interstate travel, spurs expectation of slower economic and business growth.

Moody's Analytics economist Dr Steve Cochrane claimed that Malaysia is at risk because the country is seen to have the strictest Covid-19-driven policies such as the MCO to curb the spread of the pandemic and that the MCO has stopped interstate travel within Malaysia.

"There are a few countries I worry about the most," said Cochrane, who claimed that Malaysia "is having trouble controlling Covid-19 after it initially did a pretty good job early on in the pandemic".



https://www.theedgemarkets.com/article/malaysias-economy-seen-risk-mco-spurs-slowdown-bets-moodys

Gloves companies had contributed 400m to cover Malaysian on vaccine, medical equipment and etc. BC of contribution, Malaysian govt had managed to get the vaccine so fast.
Gloves hater u should thanks gloves for contribution to Malaysia economic recovery.

https://www.thestar.com.my/business/business-news/2020/11/06/big-4-glove-makers-to-contribute-rm400mil-to-covid-19-efforts
At the tabling of Budget 2021, Finance Minister Tengku Zafrul Abdul Aziz said the companies have committed to help cover some of the costs, which include vaccine and medical equipment costs.

Warrant are above already suspended before due.. Pls go n check.

IB had lend so many nominees shares and including underwear to JP shorties. The tickets in market are rare now. Boss Stanley and Tan Sri lim collected a lots today at low price.