Posted by blackleopard > 2021-01-13 16:39 | Report Abuse

JP M are in panic mode until they have write such a lousy report.JP M situation was exactly same as the chaos happen in Washington on 6/jan.

Interest charge on their borrowing shares rolling bigger & bigger each day if not buying back & return the shares to the lenders as soon as possible.
JP M are in panic mode seriouly.

Will JP M analyst allow the doctor/nurse to do vaccination for their beloved family with bare handed.....hohoho

Think wisely...

Posted by limontea > 2021-01-13 17:30 | Report Abuse

Hartalega expects glove ASPs to rise by 50% in Q3
==================================
TheStar Wed, Jan 13,

CGS-CIMB said Hartalega believed that there would be a global shortage of 120 billion gloves annually for at least the next two years, due to higher demand from both healthcare and non-healthcare sectors, owing to the Covid-19 pandemic.

PETALING JAYA: Hartalega Holdings Bhd is set to benefit from an increase in average selling prices (ASPs) over the course of its current financial year, in view of the global glove shortage.

CGS-CIMB said in a report the company expected its glove ASPs to rise by 50% quarter-on-quarter in the third quarter of its current financial year ending March 2021, as well as a 40% quarter-on-quarter increase in the fourth quarter.

Posted by gloveisover > 2021-01-13 17:42 | Report Abuse

“Our top picks have a recovery bias (Tenaga Nasional Bhd, RHB Bank Bhd, DRB-Hicom Bhd, MBM Resources Bhd and Focus Point Holdings Bhd), combined with volatility (Bursa Malaysia Bhd), defensives (Telekom Malaysia Bhd, MQREIT), value (IJM Corp Bhd, Sunway Bhd, Bumi Armada Bhd) and sold down pandemic beneficiaries (Top Glove Corp Bhd),” it said.
https://www.theedgemarkets.com/article/klci-pares-gains-losses-glove-makers-cap-advance

Posted by witan > 2021-01-13 18:17 | Report Abuse

Just look at JP Morgan portfolio

No 1 Holding: suprise2 Top Glove !!! and No 3 Holding Hartalega. Hahaha

They want market to panic so they can collect cheap. Too bad retailers are a lot smarter now.

https://am.jpmorgan.com/hk/en/asset-management/per/products/jpmorgan-malaysia-acc-usd-hk0000055720#/portfolio

Posted by Dartmaster > 2021-01-13 18:19 | Report Abuse

WAH EPF SOLD SO MUCH LARI LOO!

Posted by IdleMoney66 > 2021-01-13 18:20 | Report Abuse

As of Oct 2020......Don't mislead others please

Posted by Nikola > 2021-01-13 18:55 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/01/13/hartalega-expects-glove-asps-to-rise-by-50-in-q3

Posted by limontea > 2021-01-13 19:06 | Report Abuse

Net Short Position 13-01-2021
HARTA %T.B.A. Open:13.14 Close:13.00
KOSSAN %T.B.A. Open: 4.58 Close: 4.48
SUPERMX %T.B.A. Open: 7.30 Close: 7.11
TOPGLOV %T.B.A. Open: 6.70 Close: 6.63

Net Short Position 12-01-2021
HARTA 1.14% Open:12.42 Close: 13.14
KOSSAN 1.71% Open: 4.42 Close: 4.56
SUPERMX 0.52% Open: 7.20 Close: 7.30
TOPGLOV 2.68% Open: 6.55 Close: 6.68

Net Short Position 11-01-2021
HARTA 1.00% Open:12.68 Close: 12.22
KOSSAN 1.64% Open: 4.58 Close: 4.35
SUPERMX 0.52% Open: 7.20 Close: 7.03
TOPGLOV 2.62% Open: 6.60 Close: 6.43

Net Short Position 08-01-2021
HARTA 0.91% Open:11.00 Close: 12.50
KOSSAN 1.31% Open: 4.08 Close: 4.50
SUPERMX 0.51% Open: 6.16 Close: 7.30
TOPGLOV 2.34% Open: 5.86 Close: 6.50

Net Short Position 07-01-2021
HARTA 0.83% Open:10.64 Close: 10.90
KOSSAN 1.16% Open: 4.02 Close: 4.05
SUPERMX 0.49% Open: 5.90 Close: 6.05
TOPGLOV 1.91% Open: 5.80 Close: 5.80

Net Short Position 06-01-2021
HARTA 0.71% Open:10.70 Close: 10.60
KOSSAN 1.08% Open: 4.05 Close: 4.00
SUPERMX 0.46% Open: 5.95 Close: 5.89
TOPGLOV 1.74% Open: 5.80 Close: 5.76

Net Short Position 05-01-2021
HARTA 0.57% Open:10.56 Close: 10.60
KOSSAN 0.92% Open: 3.98 Close: 4.05
SUPERMX 0.44% Open: 5.59 Close: 5.86
TOPGLOV 1.52% Open: 5.57 Close: 5.72

Net Short Position 04-01-2021
HARTA 0% Open:12.20 Close: 10.48
KOSSAN 0% Open: 4.55 Close: 3.94
SUPERMX 0% Open: 6.02 Close: 5.51
TOPGLOV 0.22% Open: 6.10 Close: 5.50

Posted by casanwk > 2021-01-13 19:33 | Report Abuse

Epf is acknowledging the key level 13 . turning this level to support to complete the B wave..
Cheers!
( is not a call to buy)

Posted by Ron90 > 2021-01-13 22:13 | Report Abuse

looks like, shortist won in alternate days, and today they sure win big, es expected when price already high.

Posted by thomas28 > 2021-01-13 23:13 | Report Abuse

https://www.nytimes.com/2021/01/13/world/asia/china-covid-lockdown.html

Posted by BeastOfTheEast > 2021-01-14 01:55 | Report Abuse

No no no, don't ever succumb to stuppid morron iddiot dikkhedd throw-at-low frenzied monkey panic selling

Posted by BeastOfTheEast > 2021-01-14 01:56 | Report Abuse

All four Big 4 Gloves offer plenty of upside

https://www.thestar.com.my/business/business-news/2021/01/11/all-4-big-glove-stocks-offer-plenty-of-upside-kenanga

Small gloves always follow Big 4 Gloves

Posted by CoolBull > 2021-01-14 03:21 | Report Abuse

Another minister tests positive

Posted by CoolBull > 2021-01-14 03:22 | Report Abuse

Home Minister tests positive for covid-19

https://www.malaymail.com/news/malaysia/2021/01/12/hamzah-third-minister-to-test-positive-for-covid-19-after-tok-pa-rina/1939629

Posted by Goldberg > 2021-01-14 08:39 | Report Abuse

Read this article: Evidence that prove JP Morgan's Jeffrey Ng analyst report on Glove is irresponsible and materially full with false data

https://klse.i3investor.com/blogs/GillianTan/2021-01-14-story-h1539323...

Posted by BilisVeryWorry > 2021-01-14 08:42 | Report Abuse

Soon JPMorgan starts shorting in huge volume. Be very careful

Posted by Bgt 9963 > 2021-01-14 08:57 |

Post removed.Why?

Posted by goreng_kaki > 2021-01-14 09:07 | Report Abuse

mark my word, harta is a SHAME

Posted by smallfellow > 2021-01-14 09:28 | Report Abuse

This JP Morgan and Aminvest simply talk cock. Within a few days their forecast can change by a lot. I think they are simply pulling numbers out of their backsides and short selling the counter.

Posted by LaoTzeAhSir > 2021-01-14 09:29 | Report Abuse

https://www.google.com/search?ei=8pv_X6KBAcOS4-EP95Or8Ao&q=riverst...

look at SG glove Riverstone share price performance. Malaysia better don't give in to evil shortists

Posted by limontea > 2021-01-14 09:31 | Report Abuse

Net Short Position 14-01-2021
HARTA TBA% Open:12.880 Close: TBA
KOSSAN TBA% Open: 4.420 Close: TBA
SUPERMX TBA% Open: 7.010 Close: TBA
TOPGLOV TBA% Open: 6.510 Close: TBA

Net Short Position 13-01-2021
HARTA 1.15% Open:13.14 Close:13.00
KOSSAN 1.77% Open: 4.58 Close: 4.48
SUPERMX 0.52% Open: 7.30 Close: 7.11
TOPGLOV 2.72% Open: 6.70 Close: 6.63

Net Short Position 12-01-2021
HARTA 1.14% Open:12.42 Close: 13.14
KOSSAN 1.71% Open: 4.42 Close: 4.56
SUPERMX 0.52% Open: 7.20 Close: 7.30
TOPGLOV 2.68% Open: 6.55 Close: 6.68

Net Short Position 11-01-2021
HARTA 1.00% Open:12.68 Close: 12.22
KOSSAN 1.64% Open: 4.58 Close: 4.35
SUPERMX 0.52% Open: 7.20 Close: 7.03
TOPGLOV 2.62% Open: 6.60 Close: 6.43

Net Short Position 08-01-2021
HARTA 0.91% Open:11.00 Close: 12.50
KOSSAN 1.31% Open: 4.08 Close: 4.50
SUPERMX 0.51% Open: 6.16 Close: 7.30
TOPGLOV 2.34% Open: 5.86 Close: 6.50

Net Short Position 07-01-2021
HARTA 0.83% Open:10.64 Close: 10.90
KOSSAN 1.16% Open: 4.02 Close: 4.05
SUPERMX 0.49% Open: 5.90 Close: 6.05
TOPGLOV 1.91% Open: 5.80 Close: 5.80

Net Short Position 06-01-2021
HARTA 0.71% Open:10.70 Close: 10.60
KOSSAN 1.08% Open: 4.05 Close: 4.00
SUPERMX 0.46% Open: 5.95 Close: 5.89
TOPGLOV 1.74% Open: 5.80 Close: 5.76

Net Short Position 05-01-2021
HARTA 0.57% Open:10.56 Close: 10.60
KOSSAN 0.92% Open: 3.98 Close: 4.05
SUPERMX 0.44% Open: 5.59 Close: 5.86
TOPGLOV 1.52% Open: 5.57 Close: 5.72

Net Short Position 04-01-2021
HARTA 0% Open:12.20 Close: 10.48
KOSSAN 0% Open: 4.55 Close: 3.94
SUPERMX 0% Open: 6.02 Close: 5.51
TOPGLOV 0.22% Open: 6.10 Close: 5.50

Posted by 99newbie > 2021-01-14 09:42 | Report Abuse

Now most of the company provide swab test to their employees, the more glove needed

Posted by Investmentbanker007 > 2021-01-14 09:44 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/01/13/hartalega-expects-glove-asps-to-rise-by-50-in-q3

Posted by Alan > 2021-01-14 10:11 | Report Abuse

Interesting play by shorties. For those holding the stocks, think through the 4W1H model to evaluate the potential of glove product in today's world

Posted by limontea > 2021-01-14 10:30 | Report Abuse

Total Net Short 13-01-2021

HARTA 39,234,223 units 1.15% Open:13.14 Close:13.00
KOSSAN 45,119,908 units 1.77% Open: 4.58 Close: 4.48
SUPERMX 14,133,621 units 0.52% Open: 7.30 Close: 7.11
TOPGLOV 222,976,300 units 2.72% Open: 6.70 Close: 6.63

Posted by DreamCommander > 2021-01-14 10:49 | Report Abuse

Wow

Posted by DreamCommander > 2021-01-14 10:49 | Report Abuse

So now jp morgan know about health & medical precautions even better than the doctors, eh?

Wow

That's really fantastic, man

Posted by DreamCommander > 2021-01-14 10:59 | Report Abuse

Iddiots

Posted by xiaoGinna6969 > 2021-01-14 10:59 | Report Abuse

Looking at Singapore covid vaccinations photos, gloves really aren't needed.

Posted by DreamCommander > 2021-01-14 10:59 | Report Abuse

Dikkhedds

Posted by BountyOfTheBourse > 2021-01-14 11:10 | Report Abuse

jp morgan should be fugkd

Posted by BountyOfTheBourse > 2021-01-14 11:11 | Report Abuse

fugkd good & hard

Posted by BountyOfTheBourse > 2021-01-14 11:11 | Report Abuse

oh yeaah

Posted by limontea > 2021-01-14 11:12 | Report Abuse

Global rubber glove shortage to last beyond March 2022
NST - By Azanis Shahila Aman - December 23, 2020 @ 11:41am

KUALA LUMPUR: The global shortage of rubber gloves will last beyond the first quarter of 2022, according to Malaysian Rubber Glove Manufacturers Association.

Margma expects the country's export revenue to hit RM29.8 billion this year with global demand estimated to reach 360 billion gloves.

As for 2021, Margma projects an annual demand growth rate of around 15-20 per cent moving forward with projected export revenue to be RM34 billion in 2021 with global demand set to hit 420 billion pieces of gloves.

Posted by limontea > 2021-01-14 11:12 | Report Abuse

Global Rubber Gloves Market Outlook and Forecasts 2021-2026: Outbreak of Pandemic Diseases / Increased Preference for Nitrile Gloves / Growth in Cleanroom Technology
- December 16, 2020 09:23 ET | Source: Research and Markets (The world's largest market research store)

The rubber gloves market by revenue is expected to grow at a CAGR of over 13% during the period 2021-2026.

The global rubber gloves market by revenue is expected to witness 2.1X times the growth during the forecast period. The market is highly competitive, with a high scope for revenue opportunities and market expansion.

The scope for market growth is high with new entrants entering into collaborations and strategic ventures for market expansion activities. Government agencies are also concerned with public safety and are implementing reforms in healthcare and industrial standards that involve maximizing the use of gloves at workplaces. Ethical norms and corporate procedures further act as drivers for the use of gloves.

The momentum for safety gloves is expected to shoot up that can enforce the need for new innovations and developments following the COVID-19 pandemic where the scenario for shortage supply can be more certain owing to the sudden boom.

https://www.globenewswire.com/news-release/2020/12/16/2146280/0/en/Global-Rubber-Gloves-Market-Outlook-and-Forecasts-2021-2026-Outbreak-of-Pandemic-Diseases-Increased-Preference-for-Nitrile-Gloves-Growth-in-Cleanroom-Technology.html

Posted by limontea > 2021-01-14 11:18 | Report Abuse

by Ben Tan
Shorting volumes for today up to now (11am, 2 hours after beginning of trade):

Top Glove: 1,610,000 (11% of total volume)
Hartalega: 695,100 (29% of total volume!!!)
Kossan: 1,672,700 (25% of total volume!!!)

The last few days the short seller has been defending the position on Kossan with their life, because that's the only stock that has actually dropped in price since 31 Dec closing.
14/01/2021 10:57 AM

Posted by SaveMsiaFromPHGov > 2021-01-14 11:23 | Report Abuse

oh dear

Posted by SaveMsiaFromPHGov > 2021-01-14 11:24 | Report Abuse

I heard jp morgan got staff tested positive for covid-19

Posted by ChaseBros > 2021-01-14 11:39 | Report Abuse

https://www.cnbc.com/2021/01/13/moderna-ceo-says-the-world-will-have-to-live-with-the-coronavirus-forever.html

Moderna CEO says the world will have to live with Covid ‘forever’

Posted by ChaseBros > 2021-01-14 11:40 | Report Abuse

Moderna CEO says the world will have to live with Covid ‘forever’ at JPMorgan Health Conference

Posted by skcheah > 2021-01-14 11:57 | Report Abuse

so many experts posted so many articles prospect of the glove. the share price is not abt the revenue. it is abt the sentiment, IB and funds

Posted by GoodBoy > 2021-01-14 12:05 | Report Abuse

There are a lot of Call Warrants expiry in this 2 weeks til end of this year ... Syndicates could be the one short selling to push down the share price ... Those involve in Regulated Short Selling could be buying back their shares starting in February 2021 ... Logically, RSS would not buy back their shares right now ...

Posted by GoodBoy > 2021-01-14 12:14 | Report Abuse

*** There are a lot of Call Warrants expiry in this 2 weeks til end of January this year ...

Posted by Investmentbanker007 > 2021-01-14 12:27 | Report Abuse

https://focusmalaysia.my/markets/lower-natural-gas-price-a-further-boon-for-glove-sector/

Posted by tcgien > 2021-01-14 13:30 | Report Abuse

everyday also got call warrant expire. if like that then all share price forever 0.005 sens

Posted by tcgien > 2021-01-14 13:32 | Report Abuse

by Ben Tan
Shorting volumes for today up to now (11am, 2 hours after beginning of trade):

Top Glove: 1,610,000 (11% of total volume)
Hartalega: 695,100 (29% of total volume!!!)
Kossan: 1,672,700 (25% of total volume!!!)

----
This RSS volume can be shorting or replacing too , correct?
Aren't we should look at the net short to see the balance need to be replace by shorties?

Posted by Ron90 > 2021-01-14 13:45 | Report Abuse

it will depend on how much ppl willing to dispose at at bottom, if plenty, thay they will just stay there to collect back sold shares.. if its not many, than have to get it at higher and higher price la.

Posted by calvin69 > 2021-01-14 13:47 | Report Abuse

Mr Kuan keeps on buying more shares (he knows better than anyone) - thank you sir!

Posted by aphrodite > 2021-01-14 14:09 | Report Abuse

https://www.bursamalaysia.com/misc/missftp/sblnt/NetShortPosition20210113.pdf

This was for 13th January. Some trading platforms will allow you to see the net short volume live