Posted by MoneyAndHoney > 2021-01-26 13:19 | Report Abuse

Sinovac vaccine disappointing to Brazil, only 50.4% effective

https://asia.nikkei.com/Spotlight/Coronavirus/Sinovac-vaccine-disappoints-at-50.4-efficacy-latest-Brazil-data

Posted by MoneyAndHoney > 2021-01-26 13:19 | Report Abuse

So disappointing

Posted by MoneyAndHoney > 2021-01-26 13:20 | Report Abuse

Habis finished selesai kaput

Posted by ILoveGloves > 2021-01-26 14:10 | Report Abuse

To those who hate gloves, do you know why klci-30 counters also now some have already rebounded to get positive result, the counters also faced very dip down many months since march last year before. Why some can rebound because of undervalued for so long. Why glove can't? Gloves faced big adjustment now as well for many months like klci-30 counters, yet now they are still make a lot of profit. Eventually they will show their value no doubt as a good thing with strong intrinsic value, don't worry nobody will discover it, many will come for it.
I advice those anti-glove, if you don't like glove you can just go to the counters you like, don't make people lose their opportunity.

Posted by MrGlover > 2021-01-26 14:13 | Report Abuse

Nice discount again :)

Posted by casanwk > 2021-01-26 14:26 | Report Abuse

That right nice discount of 50%, if u use fibo retr.
Price finding support at tis level. Next step wait for reversal pattern- another bullush candlestick bar. And ride the B wave to 450 again! ;)

Posted by mf > 2021-01-26 14:27 | Report Abuse

ASIA MARKETS
Stocks in Asia decline;

Posted by STEADYBOMBIBI85 > 2021-01-26 15:36 | Report Abuse

what happened to gloves today ??

Posted by nicholas99 > 2021-01-26 16:00 | Report Abuse

Exodus

Posted by 754232 > 2021-01-26 16:06 | Report Abuse

Next month is cmco , no more mco..

Posted by chshzhd > 2021-01-26 16:08 | Report Abuse

relax..

Posted by MrGlover > 2021-01-26 16:18 | Report Abuse

Blocking at 4.28 trying to contain. Don't miss the next jump guys :)

Posted by GoodBoy > 2021-01-26 17:02 | Report Abuse

RSS sold volumes for today from 9:00 am to 5:00 pm ... Kossan 0 shares, Hartalega 338,100 shares, SuperMax 141,300 shares, TopGlove 7,045,000 shares ...

Posted by drgondrong > 2021-01-26 17:10 | Report Abuse

Not bad. Gain the most yesterday, drop the least today. Closing up the valuation!

Posted by GrowingRich > 2021-01-26 17:25 | Report Abuse

Some people

Posted by GrowingRich > 2021-01-26 17:26 | Report Abuse

They like to throw at low then chase back later at high

Posted by GrowingRich > 2021-01-26 17:26 | Report Abuse

Idddiots

Posted by GrowingRich > 2021-01-26 17:26 | Report Abuse

Digkhedds

Posted by GrowingRich > 2021-01-26 17:26 | Report Abuse

Poondaek

Posted by MrGlover > 2021-01-26 17:27 | Report Abuse

Thanks @GoodBoy. Think it's profit taking. We just need to be ready for the next spike. I'm staying invested. Can't wait to see their Q results and buy back starting :)

Posted by MrGlover > 2021-01-26 17:31 | Report Abuse

Wonder who bought the 563k shares at 4.50pm which caused it to close at 4.33. From 4.30pm looks like people snapping up again.

Posted by GoodBoy > 2021-01-26 17:43 | Report Abuse

We hv "7 Wonders Of Malaysia" ... TopGlove, Hartalega, SuperMax, Kossan, CarePlus, Confort n Ruberex ... The problem is, everyone keep wondering what is happening ... Revenue n profit keep increasing but price keep dropping ... hahaha ...

Posted by Jesselivermore > 2021-01-26 17:53 | Report Abuse

goodboy thats because the explosive results that we see now are already priced in and they expect 2022/2023 onwards the asp will drop significantly due to oversupply and lower demand.

Posted by MrGlover > 2021-01-26 17:59 | Report Abuse

@Jesselivermore Yes, that's why some folks thing but forgot that priced in stock price was when it peaked last year. So now, it's considered super under value :p

Posted by TRYLUCK88 > 2021-01-26 18:17 | Report Abuse

Cautious trading. Tomorrow will be a mix of ystd purchase due & newly joined group of MCO retailers.

Posted by TRYLUCK88 > 2021-01-26 18:20 | Report Abuse

Shorties need not buy back immediately to cover position as the interest cost to borrow is insignificant compared to the gain when market dropped due to external factors. Low dividend declared also does not harm them much. Market is too volatile.

Posted by GoodBoy > 2021-01-26 18:25 | Report Abuse

ASP might drop, but to expect that oversupply n lower demands is still arguable... We can't accept double standard in evaluating biz for gloves against other sectors... How can you value gloves biz beyond 2023, which is 4 years ahead of time? ... Other sectors valuation are based on yearly forecast only...

Posted by MrGlover > 2021-01-26 18:31 | Report Abuse

We see how it leads to Q announcement. Anyone knows exactly when? Is it first or second week of Feb?

Posted by GoodBoy > 2021-01-26 18:40 | Report Abuse

You may check with their previous year qr announcement date, normally will be around that time ...

Posted by Brutus > 2021-01-26 18:52 | Report Abuse

@MrGlover, they last announced it on 9th Nov, so if we just add 90 days, then we can expect it on 9th Feb 2021.

Posted by CSOON 77 > 2021-01-26 19:13 | Report Abuse

Kossan 18 Feb Q

Posted by Jesselivermore > 2021-01-26 19:16 | Report Abuse

MrGlover, I agree. That's why i am here. Its like back to March guys.

Posted by Jesselivermore > 2021-01-26 19:18 | Report Abuse

Goodboy, yes yes yes. fully support your points.

Posted by MrGlover > 2021-01-26 20:07 | Report Abuse

Cool, so we watch Supermax Q fantastic results first! :)

Posted by beginner > 2021-01-26 20:30 | Report Abuse

It is too painful for shorties to cut loss, hence they rather keep the short open and continue attacking to bring down the price

Posted by Ukga > 2021-01-26 20:42 | Report Abuse

A very profitable sector for the foreseeable future. Should buy more just to enjoy the quarterly dividend payments when the share price is depressed. Cheers and stay safe.

Posted by MrGlover > 2021-01-26 21:08 | Report Abuse

@beginner The longer they keep open, the worse it is for them :p
On TG, they already returned 20m shares. :)

Posted by Jesselivermore > 2021-01-26 21:11 | Report Abuse

how you find that info @ MrGlover?

Posted by MrGlover > 2021-01-26 21:37 | Report Abuse

@Jesselivermore At TG company announcement by Bursa
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3124550

Posted by Jesselivermore > 2021-01-26 21:44 | Report Abuse

saw this. but how do you know this is short sellers returning their shares? because epf is not acquiring from open market?

Posted by MrGlover > 2021-01-26 21:54 | Report Abuse

Is says SBL and EPF is acquiring. This was half of what EPF lend out previously.

Posted by Jesselivermore > 2021-01-26 21:56 | Report Abuse

got it. thanks man.

Posted by MrGlover > 2021-01-26 22:43 | Report Abuse

Perhaps we retailers should team up and squeeze the shorties :)
https://youtu.be/SyXdjl1NjZk

Posted by jeremylin > 2021-01-26 22:52 | Report Abuse

I think kossan will have a bull trend in no longer time

Posted by Jesselivermore > 2021-01-26 22:59 | Report Abuse

haha lets do it like GME! squeeze those mtfk out!

Posted by GoodBoy > 2021-01-27 01:20 | Report Abuse

RSS traders did not buy back any shares of Kossan, Harta, TopGlov n SuperMax on Monday 25/01/2021 ...

Posted by MrGlover > 2021-01-27 08:24 | Report Abuse

SHORT SQUEEZE YA!

Posted by Jesselivermore > 2021-01-27 09:03 | Report Abuse

lol. malaysian retail investor dont have the balls like the americans.

Posted by casanwk > 2021-01-27 09:55 | Report Abuse

Support 419

Posted by MrGlover > 2021-01-27 10:08 | Report Abuse

Buy their cheap tickets! :)