@marketsifu. Thank you for your kind thoughts and advise. To be honest, this is my 8th round ( In and out) of glove play since beginning of 2020. Each round I made money with the largest being the 1st round. To be honest, my last round (8th round) is the only one that is in a losing position. Previous 7 rounds . all made money. But my average for this 8th round is now closing in to the market price, but still losing nevertheless. But overall 8 rounds ( net net) still very much in the positive territory.

The market needs player like you to be more colorful, more interesting, without investors like you, Bursa would be quite boring. So play your role, and remember to learn something since you are the new gen investors, quite new to the market, and I am sure the market has many things to teach you in your investment journey. learn well, good luck and wish you success.

Vaccines made in Malaysia..?? U dare inject??

Just be contented to be a bottler and distributor la

Biden Administration budgeted 500 mil for PPE

Spermax planned to invest 505 mil in US

Something brewing ?

jasonred79..ya, just like what you have said, i added some glove stock yesterday, i.e 21-1-20201, not a lot, just a bit to bring down my average further. thanks for your sacarstic suggestion, as today 22-1-2021, it went up. But don't worry, i will not keep them forever..I never fell in love with any stocks.

p/s : still holding onto my boring my glove shares, maybe will liquidate some and join the penny stock frenzy..may be. , may be

No lah..marketsifu is at the height of his success..with golds and diamonds chains all dangling around his neck and wrist..punting penny stocks like no tomorrow and earning more than 1000% return. Fortune favours the bold.

To be fair, should also allocate a small part of my portfolio to joint his party and join the fun, and dabble in penny stocks,to spice up your investment journey. just like when u go Genting gamble, (unfortunately cannot now coz of MCO, so can only do online gaming), the adrenalin rush of winning give you a certain "high" which you cannot get by investing in fundamental / value stocks, which may sometimes take a while b4 it is priced in correctly..lack the high and rush of instant gratification.

To the younger generations, patience is not a virtue anymore, it is viewed as a sign of weakness. Make bold move, take big risk and hit the jackpot -- that's life, exciting and not boring. Yeeee Haaaa.

lets pull together and lend Mr Soros whatever gloves shares if you have..

Sssh sssh..teamloket, glovehabiz, and the lots...let you in on a secret..George Soros will be organising a short attack on gloves next week..sure die one glove counters

pls add me also. Thanks

Very strong force defending the price around RM6..violent tug of war at this area. So kan cheong

U Should follow marketsifu above, play penny stocks and be rewarded with gold and diamonds..so you can wear them around your neck as a display of your success. this is the trendy way to invest, don't be old fashion.

The fruits are ripe for the picking

So many new young retailers showing off their success in penny stocks..and looking down on oldtimer investors...if you can read the signs, you know what is coming already in the market. Better get ready.

major glove stock on other exchanges are on the uptrend..example SGX

major glove stocks on Bursa on the downtrend

Interesting..wonder why?

major glove stock on other exchanges are on the uptrend..example SGX

major glove stocks on Bursa on the downtrend

Interesting..wonder why?

major glove stock on other exchanges are on the uptrend..example SGX

major glove stocks on Bursa on the downtrend

Interesting..wonder why?

It takes wisdom and experience to able to read between the lines, which many lack nowadays

haha..wink wink

Many smart money , who are trapped with high price is waiting patiently to buy at very low price, to bring down their average, once any rebound, they will exit as fast as they can, while leaving behind those who still holding and dreaming of the price getting back to the good old glory days

the signs are starting to show.. their oversea casinos are starting to close shop

Invest in the future, not sunset industry

Many still don't see it. Some companies will emerge after the pandemic stronger, some the same, some weaker.
.
GenM will definitely recover, but definitely not back to the same as those glory days before.. coz this pandemic has brought a new way of consumerism and will impact genm business model.

Their monopolistic advantage of being the only casino in Malaysia will be eroded..facing the onslaught of online casino as gamblers , forced by MCO, slowly switching to online casino to fulfill their needs initially, and gradually accustomed to the convenience of online casino and developed a habit out of it.

Yes, they will not go under, but definitely no more the shining blue chip they once was after the pandemic is over

You guys let them, moneymaker and the lot , do their job la. They need to squeeze in a few more rounds of shake off, maybe to cover shorts, or to shake off retailers, or to minimise warrants loss upon expiry..whatever reasons..the price needs to be beaten down b4 rebounding.

If you have bullets, wait at the right price to average down, otherwise, get some pop corn and watch the show and learn to see how stocks are manipulated. In the end, this learning experience will benefit you in your future investment .

Not everyday you can see such a Grand scale manipulation, local news media, JP Morgan, mega shorting, KWSP, all rolled into one.

QR is nearer by the day, but still got time to squeeze in a few rounds of shake off, so please do the needful. Blast the negative news and press it down in the last hours of trading. Yup,,no time left. Hurry hurry..I need to further bring down my average .

kaitan...Yes agree , initially online casino and genting not the same..but after some time. consumer behaviour will be conditioned and adjust to the convenience of online playing.

Just like when online shopping just started, many laughed say not the same..sure die one coz cannot see and feel and touch the product, but after some time..lazada, shoppee, hv become more sales than shopping centers.

As MCO forced gambler to seek alternatives, they will start with online casino..and after some time, they will be addicted to it. No need to spend few hours drive up the hill just to gamble..can do it at the comfort of home with PC or even handphone

Only gamblres still go up to genting is the aunties who bet small and don't know how to use computers or apps

With each day lock down and MCO extension,

1. Genting is burning cash away, yes, they have large reserves excesss fat, but it is getting lesser by the day

2. Gamblers whose hand itchy are slowly switching away to online casino, once they get used to the convenience of online casino, Genting will loose the gambler permanently. Consumers, once they shiok convenience of online..there goes trend. Imagine, u hv yo drive up a hill just to gamble vs the convenience of going online. many business has provened that, online shopping, online banking, online food ordering etc

3, In the event they also switch model to online casino, then they face almost perfect competition, coz they are no more the monopoly in online casino, so may competitors there.

Once a blue chip, doesn't mean always a blue chip.

Hopefully, this round of sell down, together with negative comments from this forum, glovefinis, glovehabis etc will successfully shake off more retail investors from supermax..so that the ibs, institution funds can begin the push up sooner..to coincicide with coming QR announcement.

So let them do their necessary work and don't try to intimidate them. If possible , assist them them in whatever ways possible. So they can achieve their goal faster..i.e shake off the retailers from supermax.

MCO lock down, emergency, political instability...all bad recipe for Genting

Genting is surviving on cash reserves now, burning millions every month just to survive..by the time these episodes ended, Genting will be a very skinny boy..but survived.

No longer the fat boy blue chip like before

At one point in time in the 1800s. the railway stock is like the blue chip of Wall Street. If you tell those invested in railway stock that soon with the coming of motorcar, railway stock will be antique and obsolete, they will probably laugh at you and say you are crazy, they believe in the false hope that once a blue chip, forever a blue chip.

Covid is a game changer. Some blue chip will no longer be a blue chip

Operators, IBs and organised market makers have been trying to shake off retailers,uncle aunties, investors for this counter before they push.

First few rounds last year, they do the classic sudden drop scare...like reducing the margin of glove stock inducing sharp drop to shake off bilis. It worked but after few times you ikan bilis got smart..took the opportunity to buy during sharp drops for trading play instead of being shaken off.

So now, the latest is they drop slowly kill you softly..meaning gradual drop day by day until you tak boleh tahan..starting few months back..from RM10 slowly drop to RM5+. It worked coz I see many stock gurus, sifus also cannot tahan and advise their subsribers to sell..at one point in time.

Only some very strong supporters remain coz they know at the end of the day. the super earnings of this counter will pierce through all the smoke screens. Nobody, nothing can argue with earnings and profits. If you can show super earnings and profits.. no matter how unwilling, the market have to give you the due recognition. In the mean time before the showtime many destractors will put up all sorts of smoke screen to scare and disorient the bilis.

Once loads of retailers shaken off, then they will start to push

Hahaha

Wonder why bursa sudden last minute crashed >

Ant shocking event or just glitch ?

The radiation is done after the package is sealed, so even if there is covid virus inside, it will be eliminated and sterilised

As far as i know, all surgical med gloves, whether from TG, Supermax, harta, Kossan or whatever manufacturer, has to go through radiation to sterilise them . One outfit in Sepang, forgot the name, has been using uranium radiation to sterilise the gloves.

With that kind of radiation for sterilisation, whatever virus also been wiped out, in fact no micro organism can survive that kind of radiation.

So the issue with TG is not about the safety of its product, more like the exploitation of its workers, safety of its workers and factory shut down that will affect its output.

The incident at TG will bring a warning signal to Supermax to quickly tighten their SOP on preventive measures to be taken on their factory workers.

I believe given the management's capability, preventives steps already taken..unless they are sleeping and doing nothing, which i think is not likely, but who knows...

Let's see for the next 1 week anything happens..

Don't fight with the government if you are doing business in Malaysia.

Supermax, Air Asia Tony Fernendes..learned this valuable lesson long time ago..and paid a price.

Look, no point arguing with sensation tabloid, rumours, politicians, various interest groups that are targeting TG coz they are rich and successful..as an investors when the tide is against your investment, you have 2 choice :-

1) invest against the negative tidal sentiment, meaning stay or increase your investment in TG, or
2) Switch if there is equivalent or better alternative

Remember, the objective of investment is the to max your return

@Toneefa

yes beware of MOUs, Non Binding Heads of Agreement, and all those non-sense that are not legally binding, they are tools to stir the market and goreng shares

Glove theme play taking a break. I agree, but not over yet. Season 3 will come back soon when their next Q report is released with good results.

Now its recovery play - banks , air asia, Genting, vaccines and penny stocks and others. In fact, i ve been slowly selling my bank shares into this recovery rally and slowly accumulating back pharma and glove again getting ready for their season 3.

Year end is approaching, and its window dressing time, as most institution funds are holding banks, genting, they have to prop it up to window dress their books, but after this year end window dressing, they are going to do a major re-balancing of their portfolio.

Recovery play is now the focus, but if you have banks shares, better take profit into this rally ( except for Alliance Banks, you can hold). Why? With such low interest rate environment and potentially high NPL coming, giving moratorium and all that, their results will not be that impressive. See how Warren Buffet is adjusting his portfolio, he is always one step ahead, selling out bank stocks before everyone does. Just like previously when he sold the airline stock before it crashes.

https://www.youtube.com/watch?v=cwnzEa4-4mw

As for Genting, recovery is going to take a long time, and it may never go back to its previous glory days again. Sorry if i have offended the many die hard fans of Genting

As for penny stocks, hit and run while you can, the end game is near.

I remember jan and Feb this year when i bought glove stocks, their P.E. some of them is even higher than Dpharma, and at that time their earnings also so so only

So if you think P.E. is high for dpharma, you may be missing action later..just my 2 cents

Spermax investors are keeping their fingers crossed and hoping that no covid incident for their workers for next 14 days, if they sail through safely, coupled with the inclusion into KLCI index, then a big rally is in store for supermax in Dec

Why glove counter price refused to scale higher despite supernormal profits ?

Investors are worried that the supernormal profits will not last going beyond next 2 to 3 quarters when the pandemic is under control, the profits will no longer be super but normalised. Their concern is justified, not at all baseless because share price today is not about condition today, it is forward looking into the future. But that being said, i believe supermax will be different and it will eventually decouple from the group of glove stock and shine on its own. Reasons :-

probably the management of supermax also sense this may happen, thats why they have taken the following steps to mitigate this

Building more factories in US and UK, , increasing production capacity closer to your major customers, although the labour cost there is more expensive than the banglas in malaysia, but this will be offset by the transportation cost saved.

Let say going forward 18 months, when pandemic under control and ASP decrease, supermax will make up the loss in ASP by increasing their sales. They will offset the decrease in margin by increasing sales, to maintain profit. So no worries for supermax, as for the rest of the glove counters, i am not sure.

One may argue, why buy from Supermax alone, there are existing big players, and also many new players coming in ( example mah sing etc), here lies the competitive advantage supermax has over others in time to come :

1. Their factory is is the home country of the major customers, faster delivery time, saved on transportation cost, but maybe offset by higher labour cost, no way can beat the bangla cost in malaysia

2. no need to go through customs, hence no risk of goods being held up for violation of this la that la ( remember TG)

3. since it is produced in the buyer home country, savings of of import tax, this saving can make them sell at better price to the customers

4. no need to worry about trade wars, sanctions, human rights group complaining about labour practices..you must remember, these mat salleh buyers are very concious about human rights issue, if they think that you engage in bad labour exploitation, they will ban your goods ( one of the big 4 glove counters always being targeted for this)

Thats why supermax recently did not do aggressive SBB unlike some other counter ,they are reserving their cash to ramp up new factories in US and UK, so that in the event ASP drops in the future, they make it up with volume, and they will have the first mover advantage when competing for volume compared to others.

Good move by Supermax

Particularly of interest is Supermax, not all glove stock is the same, sooner or later this will be evident because in contrast with all the other glove counters, this counter has 2 added catalyst, which others may be lacking :-

1) Potential first time Inclusion into FBMKLCI component stocks, attracting more institutional funds ( Top glove already in for some time d, so not so sexy for institution funds)

2) Capitalise on TG factory closure due to covid infected workers, the saying goes, when your competitor suffer misfortune, you stand to gain..old adage that never fails

Thats why TG price has been dropping, but Supermax has been maintaining and hovering around 8 to 8.50,

But why despite the above 2 powerful catalyst, Supermax did not rally? This has got to do with investor psychology of negative sentiments always overshadow positive news, people react to bad news more strongly than good news.

When TG factory close, many will have in their mind, this will also happen to Supermax and their worry is not at all baseless, yes it could. So many are actually staying on the sideline despite the 2 powerful catalyst, as this worry overshadow everything else, hence the price of supermax kind of flatish.

Now lets say 14 days has passed since, supermax factory is not affected, and the TG incident slowly fades away, people also got short memory and that's human nature, and also approaching Dec 3 where FBMKLCI sotck will be reviewed, catalyst 1) will now be in most investor's focus, and inadvertently catalyst 2) will also resurfaced, then you will see supermax rally..until then most investors stay sideline and those invested in supermax keeping their fingers crossed that supermax factory is OK.

Just saw the so called seejovin report.

Probably an ex IB analyst, now working as gun writer for syndicate.

Now enjoying his profit share certain % from syndicate.

If 400m q to sell at 0.86 and few hundred thousand q buy at 0.855, then good sign

If 400m q to sell at 0.855 and no buyer at 0.85...you know what it means lo

The way this counter is pushed, memang not the work of 1 single operator.

Likely the team effort of a group of sharks. Somehow something went sour among them..may be cannot reach agreement. break up and all withdraw.

generally people go through 5 stages when suffering mega loss :-

denial - no this cannot be true
anger - lash out at the situation, and attack those around
bargaining - hope for some sort of compromise, maybe is is not as bad,
still got hope
depression - very down d, seems no hope
acceptance - accept the situation , and live on

Must admire some folks extra ordinary bravery..can still all in.

Not easy to find people with such bravery or courage. salute..lol

Why buy rate 100%?

Coz there is no buyer to sell to...only got seller to buy from

If unfortunately you got stuck, i.e bought at much higher price and cannot cut loss or meaningless to cut loss now. the world is not the end.

Probably your funds got stuck for 3 years, hopefully after the boss moratorium end after 3 years, they push the share up for their own selling, then you get out together with them, hopefully can reduce your loss or make some profit better then FD return..nothing much you can do already.

This does not look like a shake out to me..more like game over for goreng play.

Some very happy say day 3 no limit down.

Bursa tolong saja..otherwise

After circuit breaker lifted, wonder what will happen