Posted by GoodBoy > 2021-01-19 17:09 | Report Abuse

RSS sold a total of 2,722,000 shares today ... Morning session sold 1,141,900 shares ... Afternoon session sold 1,580,100 shares ... Very desperate, keep filling the sell que at 4.07 at closing today ...

Posted by 5c0160 > 2021-01-19 17:10 | Report Abuse

Tmr 3.70

Posted by noobinvestor98 > 2021-01-19 17:39 | Report Abuse

JP Morgan target price is RM3.80 for this counter right? Hopefully can reach their tp on tmr, then time to hoot9e

Posted by Bullrunrun > 2021-01-19 17:49 | Report Abuse

I q to buy at 3.88 good number lol

Posted by MrGlover > 2021-01-19 18:27 | Report Abuse

You think will reach JPM TP? After reach then what? :p

Posted by MrGlover > 2021-01-19 18:27 | Report Abuse

I don't think will happen lo

Posted by 5c0160 > 2021-01-19 18:29 | Report Abuse

will happen then go downto 3.30-3.40

Posted by TRYLUCK88 > 2021-01-19 18:32 | Report Abuse

Mr glover b4 reach 3.80.. jpm will revise again.

Posted by TRYLUCK88 > 2021-01-19 18:34 | Report Abuse

don't worry.. we hv -ve ppl n +ve ppl everywhere. just trust yr own instinct. live with +ve ppl better.

Posted by mita29 > 2021-01-19 18:36 | Report Abuse

5c0160 I park at rm 3.7, tomolo not reach rm3.7 you cut your gugu ok if you have one?

Posted by MrGlover > 2021-01-19 19:34 | Report Abuse

Was there shorting on TG and Supermax as well? Chart looks like there was.

Posted by Bullrunrun > 2021-01-19 19:52 | Report Abuse

It is almost overdone by the RSS fellows

It may rebound to RM5.00 anytime soon

Posted by beginner > 2021-01-19 19:54 | Report Abuse

Nothing to worry if we know the price down due to rss, they will need to buy back eventually, no free lunch

Posted by Brutus > 2021-01-19 20:43 | Report Abuse

No RSS on TG today, only SuperMax, Kossan and Hartalega. Funny that Comfort now also has RSS Vol done.

Posted by beginner > 2021-01-19 20:46 | Report Abuse

So shorties no more TG unit to short and now have to sell their own units, guess soon they will launch buy back, hold tight

Posted by MrGlover > 2021-01-19 20:51 | Report Abuse

Looks like TG is in the clear but price still being pulled down. EPF?

Posted by MrGlover > 2021-01-19 20:52 | Report Abuse

Supermax have not been touched by shorties for awhile. Why now when Q result is about to be out?

Posted by HrryPttr > 2021-01-19 21:02 | Report Abuse

Monitor RSS percentage before you buy. And roughly the short price. Don’t buy above that price

Posted by MrGlover > 2021-01-19 21:08 | Report Abuse

Think latest Net Short Position should be about 2.17% unless they did some buyback today. Price dropped quite a bit so maybe they did some buy back tomorrow better grab cheap before it goes up. Am sure they'll look for any opportunity to buy back.

Posted by noobinvestor98 > 2021-01-19 21:16 | Report Abuse

Kossan RSS used up how many percentage ady?

Posted by jeremylin > 2021-01-19 21:34 | Report Abuse

Why la kossan keep dropping? Bolehland

Posted by MrGlover > 2021-01-19 21:37 | Report Abuse

@noobinvestor98 Should be around 2.17% if they didn't buy back any today. Look at Net Short Position on Bursa site later when they update.

Posted by mita29 > 2021-01-19 21:40 | Report Abuse

Drop more then give reason to buy more (CAD) loh for dividend and some potential capital gain in the future, I never all in when buying a downtrend counter.

Posted by staedy > 2021-01-19 23:25 | Report Abuse

aiyoh, like that meh first time buy this share already drop kaw kaw really no give face ler

Posted by noobinvestor98 > 2021-01-19 23:27 | Report Abuse

@MrGlover thanks a lot, I think I'll enter once Kossan hits JP Morgan TP.

Posted by HrryPttr > 2021-01-20 00:37 | Report Abuse

Stay away from glove counter. Don’t buy. If you already bought, just keep for dividen

Posted by Allantanks > 2021-01-20 01:19 | Report Abuse

Malaysia market is a joke as usual. LOL . No wonder all the foreign funds are withdrawing.

Posted by mita29 > 2021-01-20 01:30 | Report Abuse

Must buy, must buy these trapped shorties could trigger a mini bull market (short squeeze). HrryPttr is too kind to shorties. Maybe he's one lah, keep spamming asking ppl don't buy.

Posted by linheng > 2021-01-20 01:56 | Report Abuse

TopGlove. The shorties buy back 0.06% today. Drop from -2.82% to -2.76% BUT Kossan increase from -2.06 to -2.08%. Was watching them buying back at $4.15 but when Supermax drop to -6+%,
Kossan suddenly drop to $4.11. At the close, some joker throw quite a bit at $4.07 (From $4.11).
They managed to buy some then. Think most of the shorts were done at above $4.22.

Posted by MrGlover > 2021-01-20 02:08 | Report Abuse

@linheng I had short position at 2.17% if they didn't cover. So it means the covered back quite a lot. Their average is 4.22? Still waiting for Bursa to publish.

Posted by MrGlover > 2021-01-20 02:12 | Report Abuse

I think they are more aggressive coz they are worried about Q report and special divvy triggering a rally. When are the Q announcements for the Big 4 again?

Posted by MrGlover > 2021-01-20 02:14 | Report Abuse

Once announced, I think they will close position fairly quickly, will see positive movements then.

Posted by mita29 > 2021-01-20 02:35 | Report Abuse

Yeah if you are selling at a loss now, you probably help shorties escape with your money. Don't let that happen.

Posted by MrGlover > 2021-01-20 02:51 | Report Abuse

Looking at previous Q reporting dates, Supermax Q report likely next week and Kossan week after. I presume they will start closing position soon.

Posted by HrryPttr > 2021-01-20 03:10 | Report Abuse

My kind advice, please stay away from glove counter. There’s a job need to be done. Come back Friday afternoon

Posted by jeremylin > 2021-01-20 06:31 | Report Abuse

Today gloves counter shoot up!

Posted by MoneyAndHoney > 2021-01-20 06:37 | Report Abuse

Good Lord!

Posted by MoneyAndHoney > 2021-01-20 06:37 | Report Abuse

Mashallah!

Posted by MoneyAndHoney > 2021-01-20 06:37 | Report Abuse

All Malaysian states (except Sarawak) under MCO from Friday

https://www.channelnewsasia.com/news/asia/malaysia-covid-19-mco-all-states-except-sarawak-jan-22-feb-4-13993694

Posted by MoneyAndHoney > 2021-01-20 06:37 | Report Abuse

Oh dear

Posted by Lowprofilehighprofit > 2021-01-20 06:48 | Report Abuse

Glove and mask protect us from covid. That's why we invest into it.
Travelling, resort etc so call recovering stock make covid case increase.

Ironic part is, people say glove company investors hope covid case increase. Glove hater act like they have good ethic but they didnt know that ppe is the one protect them.

A lot of unwise people out there nowadays, just like the amount of covid patient

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

I dont understand why kossan got hit the most. Everyone seems like shorting this counter to dead. Why is everyone hating Kossan?

Posted by MrGlover > 2021-01-20 08:01 | Report Abuse

Harta looks like favoured by Gov, TG got big big cash flow. Supermax Q announcement plus special divvy soon. Kossan have not gone above last year's close. Think its obvious choice between the four. Time for BIG BOSS to come out to defend his company.

Posted by MrGlover > 2021-01-20 08:03 | Report Abuse

I think Q announcement in 2 weeks plus special divvy. Shorties will have little runway to cover. So they are getting more aggressive and will start to cover position very soon.

Posted by casanwk > 2021-01-20 08:03 | Report Abuse

Just a few cents away only. Rest is still a long way to go. What they announced they really mean it. If not the white man have no face.

Posted by MrGlover > 2021-01-20 08:07 | Report Abuse

Strange that bursa didn't publish Total Short Selling yesterday. So you can only make a guess on their average short price. Guess best to just use midway from yesterday's high-low point. Don't sell your precious tickets, wait for them to cover. :)

Posted by MrGlover > 2021-01-20 08:13 | Report Abuse

Kind have a feeling it will be green for all gloves today :)

Posted by linheng > 2021-01-20 08:16 | Report Abuse

https://www.institutionalinvestor.com/article/b1q3cxqlbmltyl/The-World-s-Biggest-Short-Selling-Hedge-Fund-Is-Scaling-Back

Posted by linheng > 2021-01-20 08:17 | Report Abuse

Hartalega likely to see record 643% surge in earnings | https://www.klsescreener.com/v2/news/view/780473

Posted by HrryPttr > 2021-01-20 09:03 | Report Abuse

As usual, green morning and red afternoon