Jeffrey NG and Y.Y. Cheah the noob CFA. how about Tesla TP $90? what's the share price of Tesla now? what's your motive behind your useless article? kindly enlighten us. I have sold all my glove shares at good profits. so I'd like to thank you first.
just cut the crap and don't waste people's time. Just buy aeon 6599 to make money- because the counter is simple, easy, and essential...to daily life after pandermic era time over. stock is stock, glove is glove, glove is good sell or not go see supermarket, no go see stock mkt because stock mkt is for selling stock and not for selling gloves. don't b a dog pupu or shit or dog shit i mean.
IF YOUR SOHAI TEAM SO CAPABLE, THE GLOVES STOCK WOULD NOT BE FALLING ALMOST ALMOST EVERYDAY FOR THE PAST 1 MTH LOH...!!
UNTIL SOHAI WEE NEED TO SPEND MORE THAN RM 1 BILLION TO SUPPORT THE SHARE PRICE LOH...!!
Posted by Morpheus61 > Dec 12, 2020 11:07 PM | Report Abuse
stockraider, our team includes data Analysts who are very capable of scraping you and your ilk out of your misery of trying too hard to convince people that JP Morgan and Macquarie are right. DO NOT MAKE US DO THAT.
Haricut, I would think the real shaker comes from "vaccine=cure". (mRNA produces antibody which can instantly cure the COVID patient). I haven't seen anybody talks about this but I guess people will realise that in a few weeks.
JUST TOPGLOVES ALONE ITS CAPACITY CAN PROVIDE FOR THE WHOLE WORLD REQUIREMENT LOH...!!
There is no doubt other glove companies will be making super-normal profit for some time but it will be unfathomable to expect that trajectory of profit increases to continue.
"As the world starts rolling out vaccines and as more people get inoculated against Covid-19, then the catalyst for the huge profits would increasingly get muted. The argument that the vaccine rollout will require the use of gloves is true but much of that will be one time use. The world has a population of 7.8 billion people and 16 billion pieces of gloves, or 32 billion if there needs to be two injections, to administer a vaccine to each and every person. Top Glove alone makes way more than that".
Then there is competition from new suppliers. Germany is starting to make rubber gloves seeing the demand and profits companies are making, which would indicate that the barriers of entry are not high for a business that can be automated to a way larger degree than it is in Malaysia. Then there is the production increase from existing manufacturers and new players just in Malaysia that are entering the business.
The glove players will make more money than prior to the pandemic but how will the supply dynamics change and prices react will bear watching over the long run.
THAT MEANS GLOVES SHARE PRICE BOUND TO CRASH BCOS OF OVER CAPACITIES & FALLING DEMAND LOH....!!
TG net short position means the funds that sold them will need to buy TG back to cover their earlier selling. By flooding the market with negative news, they hope to bring down TG price in order to buy them back on the cheap side. The reality is Covid may be here for a long long time with no proven vaccine. You can see the number of infections getting higher everyday, more Msia companies are venturing into gloves and even other countries such as Japan, Germany and US are trying to set up their own glove factories? Why? If Covid is going to be eliminated, why set up new factories? These factories will take years to built and they can never beat the big 4 in pricing due to economic of scales and logistic pricing of raw materials. Hence TG would remains as a global glove taikor.
The big boss has been buying via SBB and his personal investment holdings. Why? One reason is because of HongKong listing. They would need to take TG Msia shares to be listed in TG HK. The advantage to you as shareholder is this will reduce the numbers of Msia shares and in the process increasing its EPS. Another probable reason could be as one who has been in this industry for decades, TS knows what is in store for the company in terms of future revenues and profit. So why not spend it by buying his own company shares since he trust the return would astronomical?. That is one of the reason Tropicana bought TG shares as well. So why should you sell your holdings when the big boss himself gave you the signal to buy?
Posted by PureBULL ... > Dec 12, 2020 1:33 PM | Report Abuse X
Its DEVILS' day. all of them r so so happy.
The biggest enemies of glove stocks have been revealed, the big timer SHORTISTS who sold high prices much earlier. They used 2 devil.analists to write with pure objective to short n damage all Big 4 glove stocks of msia, by calling for half price target from edi a depressed price level now.
My read : The entire short.thesis is to help the SHORTISTS to cover their position next week onwards. It means Giant buyers of glove stocks r coming, before TG declares DIVIDEND of 16.5 sen on Dec 24th. if not the SHORTISTS must pay 16.5 sen a share to the lenders of SBL agreement after ex date.
Hold tight, never let them GRAB your tickets.
+++++++++++++++++++++++++++++++++++++++++++++++ they make used of jpm's big balls to throw to all the big 4 glove stocks. it must cause damage to the stock prices on this MONDAY immediately with this last straw.
after that NO more effect, perhaps even by 2nd session of Mon, all gloves could fly high leading to the big short squeeze ... NB: SHORTISTS always lose BIG money shorting growth stocks with increasing QR PAT. It will happen this time to short our glove stocks, the pride of msia.
The retail investors should stay united against the manipulators who short the glove counters everyday to save themselves from the massive losses when the CWs expire.Keep for the longer term.. Be strong we will overcome their modus operandi..
My unravelling plot. Detective stories. Some crook instigating workers to report. Reporters , Morgan Stanley, haters intensifying bad reports. See drama further to unravel mystery. New drama to watch. Who will be the bad guys. But if drop, I will find money to buy.
ONCE IN A WHILE A FOREIGN “EXPERT” OF EVERYTHING COMES ALONG AND SAY SOMETHING NEGATIVE, AND MALAYSIAN INVESTORS, PARTICULARLY THOSE IN GLOVES PANIC. SHARE PRICE DROP AND SPONGE UP BY THOSE EXPERTS OR THEIR FRENS. ALL THESE IN THE FACE OF WORSENING PANDEMIC. SHOULDNT SOMETHING POSITIVE BE OFFERED? MAYBE THE VIRUS WILL GET OFFENDED BY THE TWISTING AND GO AFTER THEM?
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