Posted by humongainz > 2020-09-17 19:02 | Report Abuse

then don't listen. I have been more right than wrong.

Posted by smallfellow > 2020-09-17 19:27 | Report Abuse

Tomolo bloodbath, Dow Jones fall like durian.

Posted by ThePowerOfGlove > 2020-09-17 19:44 | Report Abuse

Why you guys like talking bloddbath so much aah

Posted by ThePowerOfGlove > 2020-09-17 19:46 | Report Abuse

Bloddbath here here bloddbath there bloddbath everywhere

Maybe you guys been watching too much Spartacus Blood & Sand la I think

Posted by universeck > 2020-09-17 23:27 | Report Abuse

1) Those who joined the party late but did not sell out at the start of correction and holding on till now will be sitting on significant paper loss. It will go up periodically but overall direction will be down until a significant tranch of warrant expire in Oct before glove counters can move up again unimpeded by hidden hands. If you have holding power, just hold on long term. No point to cut loss now as you timed it wrongly. Glove will continue to deliver strong profit for next 3 years so just wait it out since it's too late for you to exit now.

2) In fact I'm starting to slowly bottom fish now following Harta chairman reassuring that glove shortage will last for next 3 years. He has been in the industry for more than 30 years and see things that people from outside could not. He's a man of few words and seldom give bullish guides like this for fear of misguiding investors. This crucial piece of info from him is important coz as long as the shortage could not be addressed, margin will remain high. Those analyst can write nonsense report about demamd crash post vaccine to serve their objectives but focus on the real business. Demand more than supply by 120 billion pieces now and will take 4 years to catch up.

3) TG QR result today further reaffirmed that industry order secured for next 400 days with deposit taken.

4) Fundamentally nothing changed. Demand is still strong and ASP still rising but hidden hands are at work now to shake investor confidence. I'm slowly nibbling at glove today. It's so much easier to buy cheap shares now with panic investors selling out at close to bottom and I could buy even more since I cashed out early. Consider to start bottom fish slowly towards Oct.

5) Stop listening to KYY. He is peddling half truth to his benefits. Newbies should learn how to read financial reports instead of asking for tips and following KYY. Numbers tell no lies. The financial report is your best source of info and TG RM1.3 billion nett profit per quarter is real numbers. EPS 15 cents per quarter is real number and will keep rising. Topglove estimated EPS for the year min RM0.90 x 20 easily RM18 if you can hold for next 3 years

6) For long term investment, hold Harta as it will have the fastest capacity gain in the next 7 years. Just buy the company and treat it as FD. That is how I earned RM7 mil from Harta for keeping it for more than 10 years. Don't worry about temporary price fluctuation. Fundamental is intact

Posted by MasterYoda > 2020-09-18 00:04 | Report Abuse

Only sohai follow this kyy,who is this kyy?Masteryoda is the only one you need to follow :) kyy hak pui pui pui is no match for me when comes to prediction ha ha. Glove stock will continue to rise!For maximum profit investor should buy HLT or CAREPLUS.The dark side clouds everything. Impossible to see the light, the future is.”

Posted by DreamConqueror > 2020-09-18 03:43 | Report Abuse

Paper losses are just what they are. PAPER losses.

Can't be cracking your head for nothing over them

Gotta learn to LOVE your paper losses

Posted by menort > 2020-09-18 07:56 | Report Abuse

Imagine with US import suspension. Top Glove still can produce positive earning qr.

Next qr will be better again for TG.

Hartalega without suspension will produce positive qr next.

Glove will never lose it steam because we are 60% of world glove producer in the world.

First class product from Malaysia oven. We Malaysian need to support our local big 4 glove industry. Without them Malaysia economy will drop to the lowest than now.

Posted by GenuineInvester > 2020-09-18 08:00 | Report Abuse

The market was seemed to be manipulated yesterday when all glove stocks were sold at low points at 14:45,16:00, 16:35. This is because IB did the shortselling!
“Permitted Short Selling (PSS) is not affected by the temporary suspension of short selling, as PSS is necessary for market makers to market make the relevant securities such as exchange traded funds efficiently.”
Market maker = IB can shortsell !!! IB short selling to create havoc in the market because of the call warrants issued expiring soon, esp in Oct. Many of them are in bad loss esp those issued with Low premium before April.

The short selling sold 17 Sept must deliver the shares in 2 days time.
Thats called T+2. Those sold today will still buy back tomorrow coz there is such a thing as Express Transfer to deliver shares to you in 2 days time.
Its a gamble, so today will be buy back time for these IBs.
That means the rebound must not more than 64 Sen in order for IB to win big.
If there are a lot of buyers today these Short Sellers will lose. These are the warrants going to be expired.
(i) C77/CIMB /28 September
(ii) C78/Kenanga/8 October
(iii) C80/CIMB /27 October
(iv)C 81/RHB /23 October
(v) C 83/CIMB /27 October

All will cause banks to lose tons of money right esp Maybank c84.

All glove supporters. The call warrants is a big issue now as dirty hand manipulate the market deliberately despite knowing to true value of glove stocks. We have to stay united, share this info to the our community to fight against wicked IBs who use many tactics and rumours to shatter the market ... and shortselling are the latest manipulation!

We have to hold on to our shares to win big together. The bosses of glove stocks led by TS Lim WC will lead us too win big as Gloves is the very few stocks that really make profits in this pandemics.
1. Strong earnings visibility for the next 12 months (min) with / without vaccine

2. Shortage is acute especially for nitrile Gloves

3. ASP price increased has been and will remain elevated for some time

4. Structural change in demand and hygiene habits

5. Monopolistic position of Malaysia supply to the Global markets

6. Valuation is still lagging actual earnings growth and it will be reflected in coming quarters

7. Huge cash inflow for Glove players. Cash is king especially during weak economic environment.

8. No other better sector / industry / stocks for alternative investment opportunities in the near term.

9. Some local funds / local investors may not believe in the Glove sector. But I believe in it strongly. My belief is objective based on data, facts and numbers. Not emotions. There is deep value in Glove sector especially those with strong quality management like Hartalega,, Supermax and Top Glove.

10. Lastly, the Glove sector is very relatable to retail investors who can touch, feel or understand the nature of the business due to usage in daily life.

Posted by GenuineInvester > 2020-09-18 08:01 | Report Abuse

Tradeview Commentaries 17th Sept 2020 - Top Glove Q4 2020 Earnings:

The results are exceptional, it goes without saying. It beat market expectation of RM 1-1.1 billion by a huge mile. This is what we call a blow out quarter. At RM 1.33 Billion the results exceeded consensus by close to 20-30% minimum. Full year 2020, the results is RM 1.9 Billion which flat out beat consensus of the media RM 1.48 billion by almost 28%.

Of course before this, many critics said Top Glove expensive with trailing PER 70x. With the latest results, the trailing PER fell to 38x. Forward PER, is only 13.6X . That is assuming that next 4 QR maintains at this net profit and there is no further growth which is not likely.

I would like to highlight what impressed me the most are the utilization rate is close to 100% which allowed Super economies of scale for them. Additionally, they have repaid their debts and turned net cash of RM 2.34 Billion. Hence the share buy back earlier was only a drop in the ocean for the company. With that they further paid out 8.5 sens dividend (combine earlier payout) which translates to 50% dividend pay out ratio of profits close to Hartalega's 60%.

To put things into perspective, Top Glove results of RM 1.33 Billion net profit this QR flat out beat Maybank's recent QR of RM 900+million and Public Bank's RM 1 billion net profit. I think this results validates my bullishness of the sector and continued confident outlook of having Glove stocks in my investment portfolio.

This bellweather results is an indicator for the entire sector. Please note this also shows how the others would do well, especially when you see how much Nitrile Gloves demand has risen closed to 31% vs Latex only 7%. Riverstone, Hartalega, Kossan, Sri Trang, UG Healthcare, Supermax, Comfort will all do well continuously.

For those who are not sure what to do, again it comes down to you investment horizon, risk appetite and ability to hold. I am of the view Top Glove has shown its able to deliver regardless of the adversity, negative news and what not. I have confidence Top Glove may really exceed Maybank to become Malaysia stock with largest market capital.

Top Glove executive chairman Tan Sri Lim Wee Chai (pic) said the ASPs for nitrile gloves is currently US$70 per 1,000 pieces and is expected to increase by 30% in October and 15% in November.

PETALING JAYA: The growth rate of average selling prices (ASPs) for gloves is expected to slow in the coming months but that is not going to dissuade Top Glove Holding Bhd from committing RM8bil in capital expenditure for expansion over the next six years.

Top Glove executive chairman Tan Sri Lim Wee Chai (pic) said the ASPs for nitrile gloves is currently US$70 per 1,000 pieces and is expected to increase by 30% in October and 15% in November.

“For November onwards, we expect another 10% increase in ASPs for nitrile gloves, depending on the situation, ” he told reporters after Top Glove’s fourth-quarter result briefings. Nitrile gloves account for 47% of Top Glove’s production.

Posted by GenuineInvester > 2020-09-18 08:14 | Report Abuse

The rebound today must not more than 64 Sen for Topgove in order for IB to win the short selling

Posted by GenuineInvester > 2020-09-18 08:31 | Report Abuse

CW : Mother price > excise price = in the money
Cw: Mother price < excise price = out of money (expire worthless)
THe IB are pressing down so badly because they made a bad bet with their old warrants. , they never expected TG share prices to rise so much. One the old warrants all expire.. the IB won't press so much.. but it also means trading with warrants become a lot more dangerous.

Posted by mf > 2020-09-18 08:35 |

Post removed.Why?

Posted by supersinginvestor > 2020-09-18 08:48 | Report Abuse

Buy n hold tight....its war....stand ur ground lads...
They can take our freedom.they can take our confidence but they will never take our GLOVES SHARES....

Posted by smallfellow > 2020-09-18 10:37 | Report Abuse

GenuineInvester you are spot on. There is a lot of manipulation going on especially when individuals can own more than half the Company. Some big syndicates and funds are getting very pissed off with Harta. Trading warrants are always dangerous. The Banks are out to make money and someone has to lose. The small fellows have little chance against the big fellows.

Posted by YapPuaykee > 2020-09-18 11:11 | Report Abuse

Subject: ABC or XYZ Nominee-based RETAIL investors/traders/speculators (i.e. wholesaler vs. retailers)

Disclaimer: This article does not construe as advice to buy or to sell Stocks or Derivatives. You invest at your own choice to position yourself for the reward or against the risk involved. I’m not paid to write this investment related article.

Good morning retail investors, traders and speculators!

When you wake up this morning wondering what had happened to your stock buying money?
Read on…

Just curious to know how many RETAIL BUYERS have bought stock where the broker’s fee is dirt cheap like 0.1% and have agreed to surrender the right of stock ownership to the Company Nominee?
(Nominee means the stock is registered under the brokerage name other than the buyer who pays money for the stock)

The Company Nominee could be retail broker called ABC or XYZ Brokerage.
When the Company Nominee buys and owns stocks at KLCI, registering the stocks in the Brokerage’s name with OPM (Other People’s Money), what happens next?

This is one of the several plausible scenarios that could happen next.

The Company Nominee could sell 2X times during the trading day, using the Retailer clients’ stock to go against the Bullish sentiment of the stock. This is like taking “Short Selling” position.

Where did the Brokerage get its hand on all the stocks to play the “Short Selling” position?
Company Nominee, but this is NOT “Short Selling” because the Company Nominee did not BORROW stocks to sell high and to buy low at a later time.

The Company Nominee virtually owns the Retailers’ stock, being the smart user of OPM.

To the IB and Brokerage that offers Trading Platform don’t have to use their own money to play the stocks. This is called Smart Money, the User of OPM (Other People’s Money).

Company Nominee was in fact using a strategy, technically known as short selling to dump the entire Retailers’ stock holding to cause for the stock price to plunge!
Sell high now and buy in low later.

This is a Powerful Nominee-based, controlled short selling position.

The Retail investors/traders/speculators who had bought this stock through the Company Nominee Brokerage, although believing they are HOLDING and NOT SELLING, had little control over this Company Nominee’s manipulation. The Company Nominee could later BUY LOW to replenish and to return stocks to the already emptied clients’ portfolio holding parked inside the Nominee’s holding.

The retail clients still don’t have the slightest clues what had happened to their stock holding.
The clients DO NOT OWN the stock, period!

Click this link to view the details: https://www.youtube.com/watch?v=L7G0OfJUON8

The author unabashedly called this trading practice “Conflict Of Interest”.

The stock price’s sudden retracement or mini crash in spite of the corporate massive profit earning, hopefully becomes clearer to the retail investors/traders/speculators.

Keep this in mind:

The Corporation’s motive when listed at KLCI, mostly works very hard to increase the stock’s value for the benefits of the shareholders.

Do you think the corporation of the underlying stock would allow itself to play the “Short Selling” position to drive the stock price down?

What do IB and Broker Trading Platform want?

The motive of IB and Broker trading platform, what they want is to stimulate daily trading volume and size and etc for bigger profit, using OPM.

IB and Company Nominee -> No Borrow, Save on paying Premium to the stockowner, if IB wants to sell high now and to buy back low to return to stockowner.

Retail clients -> pay premium in Structured Warrants to speculate, if win, for cash settlement or if lose, warrants become worthless.

This Derivative of Warrants as Financial Instrument is only a MIRROR of KLCI playing with the images, with rules set by the trading platform.

The money when has exchanged hands does not impact the REAL KLCI.

This Derivative mirror image of KLCI is like the ancient Chinese Casino for players, betting on BIG or SMALL (Bullish or Bearish Sentiment) on the roll of dices for the outcome sentiment of the underlying stock!

Posted by Lewis Lee > 2020-09-18 12:19 | Report Abuse

@ Universeck
Judging by how KYY & the gangs "pump & dump" operation, when they want to press down the counters for them to collect cheap, they will publicly talk down the share with 1001 reasons,
when they want to off load the counters, they will publicly talk up the shares with 2002 reasons !
KYY & the gangs have been jumping from comfort , to supermax , then top gloves , then comfort , now supermax !
I won't be suprise this gang have been quietly accumulating Harta, and once they collect enough volumes, he will publicly talk up harta with 3003 reasons !!
SO once KYY talk bad about one counter ... meaning .... they are in accumulating mode !!

Posted by cbkia4896 > 2020-09-18 13:41 | Report Abuse

SKRRATTTTT, SKIDI-KAT-KAT
BOOOOM...
Someone is caught red handed manipulating public sentiment I see..... Well @bursameme just found a fresh new target to roast gao gao

https://www.instagram.com/p/CFRDTnNB7wO/?igshid=162bcsldtoksa

Posted by goreng_kaki > 2020-09-18 16:23 |

Post removed.Why?

Posted by feng9991 > 2020-09-18 16:32 | Report Abuse

@goreng_kaki, cannot tahan then sell now. Sohai

Posted by hosehliaw > 2020-09-18 16:51 | Report Abuse

KYY eats shit one, his words can't be trusted or listened. All his words are for his own gain. Ignore this idiot KYY

Posted by universeck > 2020-09-18 19:38 | Report Abuse

1) @Lewis Lee if you notice, Harta price is the most stable. Some might complain it's a laggard but shareholders were not skinned alive like what TG and Supermax shareholders are facing now. When the top shareholder has more than 50% company shares, which only the Kuan Family of Harta does (among the top 4 glove companies), IBs will not want to issue structured warrants on the company as they are too illiquid.

2) Topglove and Supermax management should be blamed partly for issuing bonus shares and attracting the inexperienced investors into the fray when the structured warrants are about to expire. You attract all sort of ikan bilis flocking in to buy the "cheaper" share and they end up being fed to the sharks. It is best to let the structured warrants to expire before one declare bonus issue or treasury shares payout.

3) KYY is just a small fish by IB standard. His firepower can move counters like HLT, Comfort etc but not the top 4 counters in a significant way. He is indeed an experienced investor and swimming with the sharks. Problem is he peddles half truth to lead people to step into his traps. Follow what he does, not what he says.

4) I sold out at the beginning to correction and sitting on significant gain after holding Harta for more than 10 years. I have always been consistent that I'm long term bullish on gloves and will reenter when price stabilise and ikan bilis flushed out. Best days for gloves are ahead.

5) Invest only with your excess money. Those aunties and uncles investing with retirement funds and FD's, don't treat share investment like casino. You cannot afford to start all over again at your age. Invest in long term dividend yielding stocks and you will be fine. I pity one KYY follower who claimed he lost all his retirement money for following his advice.

6) Be prepared to invest for the long term. Harta compounded annual growth is in excess of 20% yearly. If you timed it wrongly, as long as you keep it for long term, you will get back the return in a few years time.

Cheers

Posted by humongainz > 2020-09-18 19:41 | Report Abuse

Thanks for the perspective universeck

Posted by Vc Looi > 2020-09-18 20:21 | Report Abuse

Universeck oh drop from 21 to 12 you atill cal it stable?

Posted by Vc Looi > 2020-09-18 20:24 | Report Abuse

And also you are simply give conclusion that IB wont issue cw for harta ? For ur information there is 30 cw for harta for the time being

Posted by i3gambler > 2020-09-18 21:16 | Report Abuse

https://klse.i3investor.com/blogs/gambler/2020-09-18-story-h1513558281-HARTA_s_Call_Warrants_I_select_HARTA_C52.jsp

Buy HARTA-C52 instead of the mother share.

Posted by Candy3147 > 2020-09-18 21:42 | Report Abuse

Hi harta C53 CEU also call warrants right?
Maturity can convert to mother share?
How to see which warrants good?
IB issue or company issue warrent which better

Posted by DreamConqueror > 2020-09-19 08:01 | Report Abuse

Waah

Posted by DreamConqueror > 2020-09-19 08:02 | Report Abuse

Still green

Posted by DreamConqueror > 2020-09-19 08:02 | Report Abuse

Very good

Posted by DreamConqueror > 2020-09-19 08:02 | Report Abuse

Excellent

Posted by DreamConqueror > 2020-09-19 08:02 | Report Abuse

Well done

Posted by DreamConqueror > 2020-09-19 08:03 | Report Abuse

Congratulations

Posted by DreamConqueror > 2020-09-19 08:03 | Report Abuse

Keep up the good work

Posted by WeLoveSarawak > 2020-09-19 08:20 | Report Abuse

KYY says Harta is the worst glove stock (among the big 4)....you all know what to do right? If he say jump, you must sit..if he say sit, you must jump

Posted by i3gambler > 2020-09-19 08:28 | Report Abuse

Candy3147，

What is CEU that you mention?
HARTA-C53 is also a call warrant.
Now a day, call warrants can not be converted to mother share.
On expiry, the issuer will calculate the mother share average price, minus the exercise price, then divide by exercise ratio, and return the money to you. Of course if the mother share average price is less than the exercise price, then no money.
Warrants is good provided:
1) The mother share is good, and
2) The market price is lower or at least quite close to the fair value.
That mean you must know how to calculate fair value, you can learn from youtube and wiki.
Most companies issue free warrants during right issue, so must make sure that the mother share companies are reasonably good.

Posted by i3gambler > 2020-09-19 08:39 | Report Abuse

https://www.youtube.com/watch?v=YJls_RgTniw&index=4&list=PL4108D90CA93915EB

https://www.youtube.com/watch?v=0WGDWAF7CGY&t=97s

Watch the above 2 youtube video to have some understanding on binomial model.

Posted by flyingtomoon2020 > 2020-09-19 11:07 | Report Abuse

https://klse.i3investor.com/blogs/koonyewyinblog/2020-09-19-story-h1514206154-Which_is_the_best_performing_Glove_Stock_Koon_Yew_Yin.jsp

Posted by newbie8080 > 2020-09-19 12:57 | Report Abuse

Time to Reflect on Glove investing

https://klse.i3investor.com/blogs/20200913StoryRM200Bil/2020-09-19-story-h1514207234-Time_to_Reflect_on_Glove_investing.jsp

Posted by Candy3147 > 2020-09-19 16:11 | Report Abuse

Thank you for your explanation i3 gambler.
Nice to learn from you.

Posted by Candy3147 > 2020-09-19 16:51 | Report Abuse

Effective gearing what is the purpose?
I bought harta C53 @21cents..
Is it this warrent not good bcs exercise price so high?

Posted by i3gambler > 2020-09-19 17:22 | Report Abuse

Candy3147,

The gearing shown in my spreadsheet is not effective gearing, My gearing = mother share price / CW price / ratio. Effective gearing is lower than that. My spreadsheet can not calculate effective gearing because the calculation is a lot more complicated.

The purpose of effective gearing is to estimate the movement of mother share price versus CW price. Let say the effective gearing is 3, that mean we expect if mother share move 1%, the CW will move 3%.

Your C53 is currently trading at a very expensive price.
You just need to compare it with C60, which both expire on the same date, easier to compare.
C53 exercise price is 23.88 which is much higher than C60's 18.00.
C53 ratio is 50 against C60's 20.
The middle price for C53 is 0.0775 and C60 is 0.08,
Multiply with the ratio, we get:
1) For C53, 50*0.0775=3.875
2) For C60, 20*0.08=1.60

Posted by jeffrey1166 > 2020-09-19 18:35 | Report Abuse

tp i forecast rm17 on next week

Posted by Newtmethod > 2020-09-19 22:04 | Report Abuse

harta boss so low profile oso come out give talk le. be confident

Posted by Mabel > 2020-09-20 00:27 | Report Abuse

Next week will go up...

The KLCI is trading above the 200, 100 and below the 20, 50 day moving average. Downward bias for the Immediate term for the KLCI in a range of 1474-1600.

Next Week Focus - Plantation, Constructions, Gloves and O&G since Brents has already breaches USD 40 and is on the rise.

Hujan Emas Glove sedang terbang
Hujan Emas Vaccine mula nak jadi
Hujan Emas Bandar Malaysia mula berkembang
Hujan Emas Sawit sudah berbunga berseri seri

Falling in love with Stocks at times is like jumping off Mabel Real Estates KLCC. Her brain tells, it is not a good idea, but her dildo tells, that kind of dreams make her moist..

Meow..

Posted by warrantsmaster0 > 2020-09-20 09:47 | Report Abuse

https://klse.i3investor.com/blogs/trading_warrants/2020-09-13-story-h1513467113-Take_Research_Reports_with_A_Pinch_of_Salt_Glove_Warrants.jsp

Posted by KK > 2020-09-20 14:17 | Report Abuse

https://www.youtube.com/watch?v=HRphXO4ZY5o

Posted by Candy3147 > 2020-09-20 20:58 | Report Abuse

I3gambler
Thanks

Posted by paktua73 > 2020-09-21 07:27 |

Post removed.Why?

Posted by mf > 2020-09-21 08:29 | Report Abuse

21 Sep | 06:20amMarket Preview
U.S. stock-index futures slip;