seanyap1

seanyap1 | Joined since 2021-01-09

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2021-01-14 15:20 | Report Abuse

Lose money so emo, please show some human decency and not call other people names

News & Blogs

2021-01-10 00:06 | Report Abuse

Ben,

Note that supermax amongst the four are least shorted as well, think part of the reason why that may be could be the free float are tighter and EPF isn’t a direct shareholder hence shorties aren’t able to source for shares to borrow. In conclusion, the volatility that we saw, could be down to EPF’s holdings held in custodian accounts which. As lend out to shorties.

Do please also research and talk about ‘cum-ex dividend stripping’ by short sellers. Now given that top glove shares goes ex on the 11th, are short sellers returning the shares to EPF cum or ex dividends? All of us as EPF contributors or have monies in EPF should know the processes behind this

News & Blogs

2021-01-10 00:01 | Report Abuse

Super_newbie,

Can’t cancel shares, as it will technically move TSLWC’s stake above 33% as well, trgigering a mandatory GO

News & Blogs

2021-01-09 12:47 | Report Abuse

Ben, its in top glove’s bursa announcement yesterday, on change in substantial shareholding and at the bottom it gives a breakdown of each external fund managers holding ls for EPF

News & Blogs

2021-01-09 12:40 | Report Abuse

Goldgent think the delta hedging for CWs from all the banks for all the glove stocks is est. to be rm1-2b.. not a very big amount if buying liquidity is still there

News & Blogs

2021-01-09 12:32 | Report Abuse

Spot on analysis, i doubt the short sellers will build on their short positions, esp top glove given that the ceiling is set at 4 pct.

Current net short position is 1.9%, and total RSS vol for the week was 2.3% for top glove, which means 0.4% of short sellers have already covered their position. Further short covering is likely to lending more buying support in coming weeks

Other point to note in EPF filings is that, current positipn of their existing external fund managers are still very light, hence once can conclude that insti funds are already underweight and there wont be any shares overhang in the near term.

My 2 cents