Posted by birkincollector > 2020-12-15 17:54 | Report Abuse

should also investigate KYY in AT scam

Posted by 1lotman > 2020-12-15 17:56 | Report Abuse

Super investor oh Super Investor.... SC should investigate all IBs that downgrade Glove Counters... just like doctor need to examine brain of all investors that didn't buy glove????

Posted by BenTan000 > 2020-12-15 17:57 | Report Abuse

failurespecialist

"He still not understand. JP Morgan holding topglove and hartalega because that is ETF fund. ETF is passive investment fund traces all fund component based on a pre-set weightage for each constituent. ETF fund manager keep track on each constituent of the fund, upgrade or downgrade when necessary as part of portfolio management."

This is, of course, not true. That is not an ETF fund, and it is not tracking anything. It is an actively managed fund for which you pay 1.5% management fee.

Another thing that deserves to be mentioned is that the only reason why they hold only 9.8% of their portfolio in Top Glove stock (again, this is the number 1 stock in their portfolio) is because according to their prospectus they cannot hold more than 10% of it in the same stock. From the prospectus:

"Investments in, or exposure to, any single entity (other than Government and other public securities) cannot exceed 10% of the Fund’s total net asset value."

Posted by Lukey_Greek > 2020-12-15 18:03 | Report Abuse

SC should instead investigate local IBs which give high unachievable TP with conflict interest by issuing CWs.

Posted by Lukey_Greek > 2020-12-15 18:12 | Report Abuse

Should also investigate Top Glove management who gives lots of misleading statement to investors, for eg:
a) resolve FDA matters by Nov 20,
b) Factory will be back to operation after 14 DAYS (only) after quaratine of its workers in the press statement given,
c) potential replace MBB as TOP 1 in KLSE by early Oct 20
DLL...

Posted by partimeshark > 2020-12-15 18:24 | Report Abuse

go report to SC
aduan@seccom.com.my

Posted by partimeshark > 2020-12-15 18:24 | Report Abuse

IB and structure warrant issuers SHOULD NOT BE ALLOWED FOR PSS (PERMITTED SHORT SELLING!!!!!!!!!!!!!!!!!!!!!)
WtF

Posted by sensonic > 2020-12-15 19:19 | Report Abuse

I TAKE IT AS OPPORTUNITY FOR ME TO BUY CHEAP AND I THANK JP MORGAN FOR DOWNGRADING IT.

Posted by godhand > 2020-12-15 19:22 | Report Abuse

not very smart to buy at this price hahaha

Posted by EngineeringProfit > 2020-12-15 19:22 | Report Abuse

Many very grateful to JP Morgan for giving chance for everyone to huat

AA's slogan is 'Now Everyone Can Fly'

JPM's = 'Now Everyone Can Buy Glove'

Posted by pBlue > 2020-12-15 20:24 | Report Abuse

JPMorgan to pay $920 million for manipulating precious metals, treasury market (September 30, 2020).

https://www.reuters.com/article/jp-morgan-spoofing-penalty/jpmorgan-to-pay-920-million-for-manipulating-precious-metals-treasury-market-idINKBN26K325

Posted by BabyAce > 2020-12-15 20:27 | Report Abuse

Old man, you cheated so many people by manipulate people's mind for so many years, JP Morgan cannot write rubbish sell call? Pure sore loser hahaha. I heard people call you god of stock wor, if really that good need to beg people support you? hahaha

Posted by EngineeringProfit > 2020-12-15 20:32 | Report Abuse

pBlue, in glove case, kyy,Tai plus Lim would be able to extinguish jp morgan

Posted by freeze789 > 2020-12-16 00:21 | Report Abuse

Uncle, why not ask SC investigate you...ALL stuck in AT.

Posted by djibaok > 2020-12-16 11:15 | Report Abuse

WOW this anker is a certified bagero....

Posted by Yuke313 > 2020-12-16 11:31 | Report Abuse

freeze789, not all stuck in AT, at least not him. He sneak away happily with our moneies

Posted by mary123 > 2020-12-17 05:01 | Report Abuse

Yes, totally agree with KYY. SC should not allow such investment corporation to mislead the public to their selfish benefit of buying back at cheaper price. NO ONE should invest with such low integrity company!

Posted by mary123 > 2020-12-17 05:02 | Report Abuse

And for those people who supports Morgan Stanley, you live in a world with no integrity and you would lie for cheap gains which would not take you far in life!

Posted by DarenWai > 2020-12-18 00:35 | Report Abuse

Really sor hai. At first Upgrade AT then sell AT and downgrade AT immediately. Now kena checkmate by a bigger shark and ask sc to investigate. What SC should do is investigate if KYY got license or not. At least JP Morgan got.