Posted by gloveharicut > 2021-01-06 11:47 | Report Abuse

TOPGLOV estimates demand will continue to be strong for next 12 months in view of supply being limited, with ASPs reflective of the prevalent demand supply situation https://klse.i3investor.com/blogs/gloveharicut/2021-01-06-story-h1539177829-TOPGLOV_AGM_Slide.jsp

Posted by sheldon > 2021-01-06 13:43 | Report Abuse

up2up Dont worry, EPF keep on increased Harta share

- this was before the RSS kicked-in with such force.

Posted by katsul51 > 2021-01-06 17:49 | Report Abuse

Based on yesterday end shareholding by EPF in Kossan, Top Glove and Harta it is valued at RM 5.51 billion. EPF lost RM 2.1 billion in book value in one month. If glove industry has value I think EPF would support . Lets see the announce on EPF trade in the next few days.

Posted by smallfellow > 2021-01-06 17:53 | Report Abuse

For all we know EPF would be one of the sellers in the last two days. We will find out by the end of this week because Bursa announcements are lagged by 2 or 3 days.

Posted by GoldenHarvest1 > 2021-01-06 19:17 | Report Abuse

Recovery theme play losing steam

Posted by GoldenHarvest1 > 2021-01-06 19:18 | Report Abuse

Fitch turns negative on banks

https://www.nst.com.my/business/2021/01/654954/malaysian-banks-bursas-losers-list-after-fitch-turns-negative-global-banks

Posted by noobinvestor98 > 2021-01-07 10:09 | Report Abuse

No power is it?

Posted by WeLoveSarawak > 2021-01-07 12:25 | Report Abuse

wait for 3+ pm when european markets open, see if there's any firework show today

Posted by Mabel > 2021-01-07 16:52 | Report Abuse

Lately RSS has turned into a Pussy..

Meow

Posted by katsul51 > 2021-01-07 17:38 | Report Abuse

Epf acquired 7 million shares on 4th January 2021. Great support

Posted by Agjl > 2021-01-07 20:25 | Report Abuse

All glove comrades, pls trade with care. I believe shorties are not done yet..they are at the recovery at the moment....rotational...thus bkful.

Cheers!

Posted by treasurehunt > 2021-01-07 20:28 | Report Abuse

MCO is coming...Recovery counters are clocking .

Posted by RunFirst > 2021-01-07 21:44 | Report Abuse

don’t forgot RSS blocked u all

Posted by treasurehunt > 2021-01-07 21:51 | Report Abuse

Pre-warning before MCO

https://www.malaymail.com/news/malaysia/2021/01/07/health-ministry-projects-8000-daily-covid-19-cases-in-march-if-r-nought-is/1938275

Posted by treasurehunt > 2021-01-07 21:54 | Report Abuse

Shorties are welcome to place their big RSS bet before MCO.

Posted by ravin25 > 2021-01-07 22:19 | Report Abuse

Wow mercator up 10% ++

Posted by LaoTzeAhSir > 2021-01-07 22:51 | Report Abuse

https://www.investing.com/equities/mercator-wa
Mercator-wa Poland glove up 10% now. it marks the 2nd cycle of bull run.
#destroyshortists

Posted by witan > 2021-01-08 00:22 | Report Abuse

Check out Intco Medical share price (China largest glove company)

https://finance.yahoo.com/quote/300677.SZ/

Non stop bull run from Jan 2020 till Jan 2021. See what will happen to Malaysian glove counters if without GREEDY short sellers n sharks who want to collect cheap ticket from retailers.

But once sharks n short sellers feel they have collect enough, what u think it is going to happen.

Answer: all glove counters will fly to the moon :)

No wonder Tan Sri want TG to get listed in HK (mid 2021)

Posted by gloveharicut > 2021-01-08 10:24 | Report Abuse

GLOVEs oversold? Maybe, judging by analysts’ target prices https://klse.i3investor.com/blogs/gloveharicut/2021-01-08-story-h1539230560-GLOVEs_oversold_Maybe_judging_by_analysts_target_prices.jsp

Posted by Ron90 > 2021-01-08 10:29 | Report Abuse

hold on tight2.. big exhchange at 11.24

Posted by gloveharicut > 2021-01-08 12:19 | Report Abuse

Hi Kawan GLOVEs

SUPERMX 11 28,900 174,093.88
TOPGLOV 9 20,700 126,403.60
HARTA 6 8,300 100,998.98
KOSSAN 4 19,200 85,472.87
CAREPLS 4 30,200 64,667.11

https://klse.i3investor.com/blogs/stock_pick_2021/2021-01-07-story-h1539207463-Stock_Pick_Year_2021_Stock_and_Number_of_Picks_Quantities_7th_Version.jsp

Posted by ravin25 > 2021-01-08 15:02 | Report Abuse

Bull run starts?

Posted by xiaoGinna6969 > 2021-01-08 15:22 | Report Abuse

TP 14.50

Posted by noobinvestor98 > 2021-01-08 15:32 | Report Abuse

TP 14.50? Sell at such a low price shows u have no gxgxjiao.

Posted by limontea > 2021-01-08 15:52 | Report Abuse

Harta, always strong ~!!

Posted by ravin25 > 2021-01-08 15:54 | Report Abuse

Come on harta close rm12

Posted by Peace99 > 2021-01-08 16:07 | Report Abuse

Harta, can go back up to at least 18? Me stuck at 17.5, or at least give bigger dividends like topglove mah!

Posted by ravin25 > 2021-01-08 16:09 | Report Abuse

When is the quater report?

Posted by limontea > 2021-01-08 16:21 | Report Abuse

Harta sudah RM12. Bagus ~!

Posted by ravin25 > 2021-01-08 16:28 | Report Abuse

Market sudah tukar concentration kat healthcare.. Glove needed..

Posted by Lewis Lee > 2021-01-08 16:36 | Report Abuse

TP = RM100 in 2025 !

Posted by GoldenHarvest1 > 2021-01-08 16:37 | Report Abuse

Well I told y'all didn't I?

But y'all simply refused to listen

Recovery theme play now losing steam

Posted by GoldenHarvest1 > 2021-01-08 16:37 | Report Abuse

Fitch turns negative on banks

https://www.nst.com.my/business/2021/01/654954/malaysian-banks-bursas-losers-list-after-fitch-turns-negative-global-banks

Posted by ChrisMz > 2021-01-08 16:43 | Report Abuse

wow.. this harta last min action

Posted by wangwang > 2021-01-08 16:49 | Report Abuse

Me stuck at 19.98 la...long way to go

Posted by rooney888 > 2021-01-08 16:55 | Report Abuse

since EPF earning so much, it might TP on Monday. >.<

Posted by faralenz77 > 2021-01-08 16:58 | Report Abuse

New year 2021 will continue to bring good fortune to glove investors.

Posted by genghis > 2021-01-08 17:03 | Report Abuse

after so many donkey weeks down.today harta lega give electric syiok

Posted by trueinvestor > 2021-01-08 17:46 | Report Abuse

Donkeys all left.....shareholders still.remains...

Posted by thebighead07 > 2021-01-08 19:48 | Report Abuse

Bonus issue this quarter?

Posted by smallfellow > 2021-01-08 21:00 | Report Abuse

I can understand the big boys playing games with short selling but I cannot understand why some small shareholders lending their shares to someone else for short selling. Sure they earn a fee for lending their shares but why would you lend your shares to someone to bring down your own share price down??? Isn't it like cutting your own throat for a small fee??

Posted by witan > 2021-01-08 21:15 | Report Abuse

@smallfellow. Why not? U know eventually price will rebound. Plus it is chance for you to buy more shares when price is low. Jst look at what EPF doing for TG. Win2 situation for them.

Posted by Mabel > 2021-01-08 21:39 | Report Abuse

So nice and lovely...

Meow Meow Meow Meow

Posted by witan > 2021-01-09 08:09 | Report Abuse

For those naysayers. Do you guys even know what is SBL??

SBL - Securities Borrowing & Lending

Disposal of 40,000,000 shares (SBL) by Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board.

Those who dont understand, EPF didnt sell 40million TG shares (if it does, it wont appear under SBL).

So basically EPF lend the 40millions to short sellers aka shorties to short. Eventually the shorties will need to return the 40million back to EPF with a fee of course. U need to return something u borrow.

Net2 EPF didnt sold any TG shares plus they earn the fee from the borrower. Win2 situation for EPF.

LIST OF APPROVED BORROWING REPRESENTATIVES FOR SBL:
https://www.bursamalaysia.com/sites/5bb54be15f36ca0af339077a/assets/5d85b5a039fba237a68d7cec/SBLNT-Borrowing-Reps-List-Sept_2019.pdf

Surprise2 JP MORGAN IS THERE (no 6) LOL

So it is a lot clearer now who is the shorties.

The scenario is like this:
EPF lend JP Morgan 40million shares for JP Morgan to short
JP Morgan thinking he can short TG shares to earn money from the market
JP Morgan waiting for panic retailers so they can collect really cheap tickets
JP Morgan already prepare this long time ago by releasing target price of rm3.5 for TG last month.
But alas he never expect EPF, local funds and retailers to be so strong pushing the price up.
EPF also smart collecting more TG shares on 4th of Jan so JP Morgan cant short
EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 6,387,600 shares on 04-Jan-2021.
EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 1,758,900 shares on 04-Jan-2021.

EPF win both sides

The End. RIP shorties

Posted by witan > 2021-01-09 08:35 | Report Abuse

SBL, in this case, stands for securities borrowing and lending. This means the provident fund is lending out its Top Glove shares for a fee to investors who intend to short the stock.

https://www.theedgemarkets.com/article/epf-ceases-be-substantial-shareholder-top-glove-after-three-months

Lol smart move by EPF. They know eventually shorties will lose. Easy money for EPF.

These shorties never learn. Why fight vs EPF n TanSri. Confirmed gg hahaha

Posted by smallfellow > 2021-01-09 09:42 | Report Abuse

Witan, assuming you are right then the short seller JP Morgan had their ass kicked. So I assume now that the short sellers have died a natural death the share price will start to rebound. The only worry I have is EPF has now accumulated a lot of "cheap" shares. It is not a matter of if but when will EPF start to off load some of their shares to take profit??

Posted by gemfinder > 2021-01-09 09:49 | Report Abuse

https://www.theedgemarkets.com/article/pfizerbiontech-vaccine-appears-effective-against-mutation-new-coronavirus-variants-%E2%80%94-study-0

Posted by gemfinder > 2021-01-09 09:52 |

Post removed.Why?

Posted by Pgraduate123 > 2021-01-09 10:26 | Report Abuse

Smallfellow
I believe shortlist did not lose their pants, just did not make as much.
Now that glove mania is back, I think EPF will wait till TG goes back to their offloaded selling price, hence EPF also did not lose much. I think still holding 5% ard rm7 plus based on reports

Posted by Goldberg > 2021-01-09 11:57 | Report Abuse

https://klse.i3investor.com/blogs/bursainvestments/2021-01-09-story-h1539233535-Gloves_The_Bad_Guy_Loses_From_Time_to_Time.jsp