Posted by super_newbie > 2021-01-22 17:18 | Report Abuse

Was expecting FY2021 to make RM3 Billion, another lucrative dividend :))

Posted by Bullrunrun > 2021-01-22 17:23 | Report Abuse

Impressive up 18 cents
Next week can reach RM4.50...

Posted by linheng > 2021-01-22 17:30 | Report Abuse

Whats impressive today is that the average price today is $4.17 but park buyer at big quantity at $4.19

Posted by TRYLUCK88 > 2021-01-22 17:38 | Report Abuse

linheng...very aggresive yah.

Posted by beginner > 2021-01-22 17:45 | Report Abuse

just continue the uptrend for next week and kick the shorties out

Posted by MrGlover > 2021-01-22 17:46 | Report Abuse

Thanks @GoodBoy. Two days 0 RSS. Maybe no one willing to loan out shares now. Selling own share will have a limit. Let's see tonight on net short position to confirm if buy back started. If started, can also predict potential increase from remaining buy back amount :)

Posted by MrGlover > 2021-01-22 17:48 | Report Abuse

@linheng Impressive Indeed. Late evening saw some profit taking, else will be higher. Momentum will feed into next week. :)

Posted by MrGlover > 2021-01-22 18:06 | Report Abuse

EPF acquired 6.4m shares 18th and 19th Jan. :)

Posted by Brutus > 2021-01-22 20:34 | Report Abuse

MrGlover EPF acquired 6.4m shares 18th and 19th Jan. :)
22/01/2021 6:06 PM
-----------------------------------------------------------------------------
Could it be EPF buying more share and do SBL for those IB to short the counter again?

Posted by MrGlover > 2021-01-22 20:59 | Report Abuse

I doubt it. EPF has a lot anyway, don't need to rely on recently bought shares to loan. Furthermore, it's getting too close to Q announcement plus divvy. Not enough runway for shorties to close position later. See net short position later to see if it reduced. Yesterday and today 0 short on Kossan, we see if the short position volume change is big or not lo.

Posted by UnkleLim > 2021-01-22 21:01 | Report Abuse

If today shorties no close position then nice lo

Posted by Brutus > 2021-01-22 21:05 | Report Abuse

MrGlover I doubt it. EPF has a lot anyway, don't need to rely on recently bought shares to loan. Furthermore, it's getting too close to Q announcement plus divvy. Not enough runway for shorties to close position later. See net short position later to see if it reduced. Yesterday and today 0 short on Kossan, we see if the short position volume change is big or not lo.
22/01/2021 8:59 PM
----------------------------------------------------------------------------------------------------------------------------------
You got a point there. EPF possible expecting bumper dividend from Kossan (due to announce their QR by early Feb).
Anyway it is a no brainer to pick up more share at this price.

Posted by BountyOfTheBourse > 2021-01-22 21:08 | Report Abuse

Biden is at least 55 times smarter then donnald regarding covid-19 control

Posted by BountyOfTheBourse > 2021-01-22 21:09 | Report Abuse

Biden is not gonna say 'we don't need gloves', 'we don't need masks', 'we don't need SOPs', 'we don't need social distancing', we don't need lockdowns' etc.

Posted by BountyOfTheBourse > 2021-01-22 21:10 | Report Abuse

So expect glove exports to US to jump substantially soon

Posted by BountyOfTheBourse > 2021-01-22 21:10 | Report Abuse

donnald can just go lie low

Posted by linheng > 2021-01-22 22:17 | Report Abuse

To kill the shorties, everyone pro Gloves and contribute to EPF should write as a member to EPF condemning the lending of shares for RSS esp when they hold a significant stake in that counter. As a public mutual fund that is mandatory ( Cover also workers from the Glove Industry ),
they cannot help depress share price ( Affect the worker's benefit in terms of ESOS). I have written a couple of letters to EPF and also Star Biz. Hope you all do the same. You have the right as EPF member to voice your concern. Only EPF is able to lend them the amount of shares required. Seems they have stop shorting TopGlove and Kossan because cannot find lenders.

Posted by MrGlover > 2021-01-22 23:56 | Report Abuse

@linheng From your writings, you sound like a very learned and respectable person. Kudos.

Posted by GoodBoy > 2021-01-23 01:56 | Report Abuse

RSS traders bought back 1,062,480 TopGlov shares on 21/01/2021, RSS traders did not buy back any shares for Kossan, Supermax n Hartalega on 21/01/2021

Posted by MrGlover > 2021-01-23 02:14 | Report Abuse

Looks like they have not started covering? What are they waiting for? Another 2 weeks for Q report and divvy announcement...

Posted by BankrupCauseStubborn > 2021-01-23 03:11 | Report Abuse

if look back like to 1 year ago, kossan price only up roughly ~100% more or less........is the most underperformed among all big4 gloves player in malaysia. WHY IS THAT?!?!?

Posted by RiverOfSilver > 2021-01-23 03:51 | Report Abuse

Oh dear

Posted by RiverOfSilver > 2021-01-23 03:52 | Report Abuse

Habis la itu Pfizer/BioNTech vaccine

Posted by RiverOfSilver > 2021-01-23 03:52 | Report Abuse

Konfem langsung sikit habuk x boleh pakai punya

Posted by RiverOfSilver > 2021-01-23 03:53 | Report Abuse

Israeli Pfizer/BioNTech vaccine recipients tested positive for covid-19 even after two doses

https://www.astroawani.com/berita-dunia/covid19-vaccine-recipients-test-positive-in-israel-just-how-effective-is-the-vaccine-279223

Posted by RiverOfSilver > 2021-01-23 03:53 | Report Abuse

Habis finished selesai condemned loh

Posted by RiverOfSilver > 2021-01-23 03:53 | Report Abuse

Kaput finito zilch

Posted by RiverOfSilver > 2021-01-23 03:54 | Report Abuse

Lagi apa mau cakap???

Posted by beginner > 2021-01-23 03:56 | Report Abuse

Stock Code Short Name Long Name
Total Net Short
Position (Volume) % of Total Net Short
Position
7113 TOPGLOV TOP GLOVE CORPORATION
BERHAD 223,858,602 2.73
7153 KOSSAN KOSSAN RUBBER INDUSTRIES
BHD 55,609,863 2.18
5168 HARTA HARTALEGA HOLDINGS
BERHAD 46,003,923 1.35

yesterday still no buy back from shorties on kossan, this is good news mean the buy is from retailers, sbb or other institute.

Posted by TRYLUCK88 > 2021-01-23 07:10 | Report Abuse

linheng. yr investing strategy looks agst public norm. I guess experience ones do things like that. pls continue sharing yr thoughts. thks anyway.

Posted by Brutus > 2021-01-23 07:15 | Report Abuse

GoodBoy RSS traders bought back 1,062,480 TopGlov shares on 21/01/2021, RSS traders did not buy back any shares for Kossan, Supermax n Hartalega on 21/01/2021
23/01/2021 1:56 AM
-------------------------------------------------------------------------------------------------------------------------
Wondered how these RSS traders can buy in 1,062,480 shares. They went into the odd lots there to purchase? I thought all transactions supposed to be in multiple of 100 shares?

Posted by linheng > 2021-01-23 07:26 | Report Abuse

22-Jan-2021 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 3,000,000 shares on 19-Jan-2021.
22-Jan-2021 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 421,800 shares on 19-Jan-2021.
22-Jan-2021 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 3,000,000 shares on 18-Jan-2021.
Price Range on 18 Jan 2021 is $4.22 to $4.34
Price Range on 19 Jan 2021 is $4.07 to $4.29
Make sure that RSS guys cannot borrow from EPF again so that they have to buy back from market. Write Email to EPF to Question why they throw stone at own feet or taking planks from wooden house to use as firewood. Remember that lending to SBL is lending a tool to depreciate your own asset value. As a member we have the write to question their investment decisions.

Posted by linheng > 2021-01-23 07:35 | Report Abuse

Latest Stats:

RSS STATS ON TOP 4 GLOVE COs as of 23 Jan 2021
PARAMETER TOPGLOVE HARTA SUPERMAX KOSSAN
NOSH 8,201,000,000 3,428,000,000 2,721,000,000 2,558,000,000
RSS Limit @ 4% 328,040,000 137,120,00 108,840,000 102,320,900
Current Short Position % 2.73 1.35 0.59 2.18
Current Short Position 223,887,300 46,278,000 16,053,900 55,764,400
Balance Short able Units104,152,700 90,842,000 92,786,100 46,556,500
Closing Price on 31-12-2021 $6.12 $12.14 $6.01 $4.50
Closing Price on 22-01-2021 $6.25 $$12.32 $6.53 $4.19

Posted by MrGlover > 2021-01-23 08:40 | Report Abuse

Supermax is best performing from Dec close, Kossan is still under Dec close by quite a bit. Another way to look at it, it has more upside :)
I'm still convinced that shorties couldn't loan from anyone now, hence 0 shorting for last 2 days. Instead, they target the other Glove companies hoping that bringing them down would influence Kossan to drop as well. This may work as Glove investors developed somewhat of a herd mentality, one Glove company impacts another :p
So far, their attack on Gloves have not been successful. They are still hoping that their losses could be narrowed. But their window of opportunity is closing rapidly. Why? Quarter reports are around the corner and they are likely to post record numbers yet again, with likelihood of all to follow TG footstep of paying divvy every quarter. Covid numbers are not getting better fast enough, governments increasing testing efforts instead of JPM's view that testing is decreasing. So yeah, JPM really missed this by a long mile :p
I think many of us are delighted that net short position didn't change yesterday. So, shorties have to buy back 55,609,863 shares before divvy ex. I'm looking forward to a great run up to CNY. Good luck guys! :)

Posted by UnkleLim > 2021-01-23 09:25 | Report Abuse

Yeah, lucky no RSS position close yesterday. Meaning it’s really buying of shares

Posted by UnkleLim > 2021-01-23 10:00 | Report Abuse

Don’t understand what JPM think. Why want to play short selling in glove counters. You publish good news. Then buy isn’t it easier to earn money lol

Posted by GoodBoy > 2021-01-23 10:08 | Report Abuse

@Brutus, I m taking all statistics numbers from Bursa reports, not sure how did RSS traders acquired shares in odd lots...

Posted by GoodBoy > 2021-01-23 10:19 | Report Abuse

The RSS total net short position reported by Bursa was not up to date ... It is only updated til 21/01/2021, any shortselling or buy back for last Friday(22/01/2021) will be updated on next Monday after midnight ...

Posted by Ninja _07 > 2021-01-23 10:48 | Report Abuse

https://www.globaltimes.cn/page/202101/1213566.shtml

Posted by FrankieGoesToHollywd > 2021-01-23 11:16 | Report Abuse

Hope to see the light of the day , on this coming Monday morning.

Posted by limontea > 2021-01-23 11:20 | Report Abuse

Net Short Position 22-01-2021
KOSSAN 2.18% Open: 4.050 Close: 4.190

Net Short Position 21-01-2021
KOSSAN 2.18% Open: 4.160 Close: 4.010

Net Short Position 20-01-2021
KOSSAN 2.15% Open: 4.120 Close: 4.120

Net Short Position 19-01-2021
KOSSAN 2.08% Open: 4.250 Close: 4.070

Net Short Position 18-01-2021
KOSSAN 2.06% Open: 4.270 Close: 4.220

Net Short Position 15-01-2021
KOSSAN 1.91% Open: 4.290 Close: 4.220

Net Short Position 14-01-2021
KOSSAN 1.78% Open: 4.420 Close: 4.260

Net Short Position 13-01-2021
KOSSAN 1.77% Open: 4.580 Close: 4.480

Net Short Position 12-01-2021
KOSSAN 1.71% Open: 4.420 Close: 4.560

Net Short Position 11-01-2021
KOSSAN 1.64% Open: 4.580 Close: 4.350

Net Short Position 08-01-2021
KOSSAN 1.31% Open: 4.080 Close: 4.500

Net Short Position 07-01-2021
KOSSAN 1.16% Open: 4.020 Close: 4.050

Net Short Position 06-01-2021
KOSSAN 1.08% Open: 4.050 Close: 4.000

Net Short Position 05-01-2021
KOSSAN 0.92% Open: 3.980 Close: 4.050

Net Short Position 04-01-2021
KOSSAN 0% Open: 4.550 Close: 3.940

**********************************************

Net Short Position 22-01-2021
HARTA 1.35% Open:11.840 Close: 12.320
KOSSAN 2.18% Open: 4.050 Close: 4.190
SUPERMX 0.59% Open: 6.200 Close: 6.530
TOPGLOV 2.73% Open: 6.110 Close: 6.250

Net Short Position 21-01-2021
HARTA 1.34% Open:12.100 Close: 11.800
KOSSAN 2.18% Open: 4.160 Close: 4.010
SUPERMX 0.57% Open: 6.310 Close: 6.110
TOPGLOV 2.71% Open: 6.200 Close: 6.020

Net Short Position 20-01-2021
HARTA 1.28% Open:12.460 Close: 12.020
KOSSAN 2.15% Open: 4.120 Close: 4.120
SUPERMX 0.58% Open: 6.380 Close: 6.310
TOPGLOV 2.69% Open: 6.160 Close: 6.140

Net Short Position 19-01-2021
HARTA 1.27% Open:12.380 Close: 12.200
KOSSAN 2.08% Open: 4.250 Close: 4.070
SUPERMX 0.56% Open: 6.690 Close: 6.340
TOPGLOV 2.76% Open: 6.300 Close: 6.130

Net Short Position 18-01-2021
HARTA 1.27% Open:12.200 Close: 12.360
KOSSAN 2.06% Open: 4.270 Close: 4.220
SUPERMX 0.56% Open: 6.730 Close: 6.680
TOPGLOV 2.82% Open: 6.400 Close: 6.340

Net Short Position 15-01-2021
HARTA 1.22% Open:12.300 Close: 12.200
KOSSAN 1.91% Open: 4.290 Close: 4.220
SUPERMX 0.53% Open: 6.680 Close: 6.700
TOPGLOV 2.80% Open: 6.370 Close: 6.420

Net Short Position 14-01-2021
HARTA 1.16% Open:12.880 Close: 12.300
KOSSAN 1.78% Open: 4.420 Close: 4.260
SUPERMX 0.53% Open: 7.010 Close: 6.640
TOPGLOV 2.72% Open: 6.510 Close: 6.370

Net Short Position 13-01-2021
HARTA 1.15% Open:13.140 Close:13.000
KOSSAN 1.77% Open: 4.580 Close: 4.480
SUPERMX 0.52% Open: 7.300 Close: 7.110
TOPGLOV 2.72% Open: 6.700 Close: 6.630

Net Short Position 12-01-2021
HARTA 1.14% Open:12.420 Close: 13.140
KOSSAN 1.71% Open: 4.420 Close: 4.560
SUPERMX 0.52% Open: 7.200 Close: 7.300
TOPGLOV 2.68% Open: 6.550 Close: 6.680

Net Short Position 11-01-2021
HARTA 1.00% Open:12.680 Close: 12.220
KOSSAN 1.64% Open: 4.580 Close: 4.350
SUPERMX 0.52% Open: 7.200 Close: 7.030
TOPGLOV 2.62% Open: 6.600 Close: 6.430

Net Short Position 08-01-2021
HARTA 0.91% Open:11.000 Close: 12.500
KOSSAN 1.31% Open: 4.080 Close: 4.500
SUPERMX 0.51% Open: 6.160 Close: 7.300
TOPGLOV 2.34% Open: 5.860 Close: 6.500

Net Short Position 07-01-2021
HARTA 0.83% Open:10.640 Close: 10.900
KOSSAN 1.16% Open: 4.020 Close: 4.050
SUPERMX 0.49% Open: 5.900 Close: 6.050
TOPGLOV 1.91% Open: 5.800 Close: 5.800

Net Short Position 06-01-2021
HARTA 0.71% Open:10.700 Close: 10.600
KOSSAN 1.08% Open: 4.050 Close: 4.000
SUPERMX 0.46% Open: 5.950 Close: 5.890
TOPGLOV 1.74% Open: 5.800 Close: 5.760

Net Short Position 05-01-2021
HARTA 0.57% Open:10.560 Close: 10.600
KOSSAN 0.92% Open: 3.980 Close: 4.050
SUPERMX 0.44% Open: 5.590 Close: 5.860
TOPGLOV 1.52% Open: 5.570 Close: 5.720

Net Short Position 04-01-2021
HARTA 0% Open:12.200 Close: 10.480
KOSSAN 0% Open: 4.550 Close: 3.940
SUPERMX 0% Open: 6.020 Close: 5.510
TOPGLOV 0.22% Open: 6.100 Close: 5.500

Posted by ruby20 > 2021-01-23 13:08 |

Post removed.Why?

Posted by Bullrunrun > 2021-01-23 16:42 | Report Abuse

Recommend BUY now
once break RM 4.5 next week RM 5.00 coming...

Posted by MrGlover > 2021-01-23 18:10 | Report Abuse

Agreed! All Big 4 made a higher low with the turn on Friday. With some news floating on mutants evading antibodies and concerns around efficacy of Pfizer with the vaccination programs thus far, its fueling a lot of energy amongst the investor community.
I think Kossan being the only Big 4 still below the Dec 2020 close probably stand to gain the most with the renewed interest in Gloves. Time to gather additional funds for the weeks ahead! Good luck guys! :)

Posted by mikeazk > 2021-01-23 19:13 | Report Abuse

Thanks Limontea for sharing.. looks like shorters took a wait and see approach first.. Wonder if they are charged interest for holding short position...

Posted by MrGlover > 2021-01-23 20:16 | Report Abuse

Yes they are charged interest to hold short position. Someone calculated hundreds of thousand daily for TopGlove. Just a matter of time b4 the close their position.

Posted by beginner > 2021-01-23 20:48 | Report Abuse

I guess the interest is daily rest by closing price, hence they always try hard to lower the closing price. They must maintain 10 %in margin account, when price down then interest lower and also 10 %of total borrowed amount. But when price up the borrowed amount becomes higher they have to pay more interest and might hit margin call if their fund less than 10 %of borrowed amount. If they can't top up then it will auto buy back shares using the money they short sell untill hit 10%of total borrowed amount

Posted by wus6022 > 2021-01-23 21:33 | Report Abuse

sorry can someone advise how to buy short ?

Posted by MrGlover > 2021-01-23 22:35 | Report Abuse

What do you mean buy short?

Posted by Wat2Invest > 2021-01-23 23:35 | Report Abuse

@wus6022: Firstly, you join JP Morgan to buy short. Then, come here and post fake news like gemfinder.