CNY is weakening, Housing & property bubbles are folding in with many unsold units on the market due to economic sluggish issues in CN. This affect MYR and MY-CN trade figures. Tourist arrival to MY from CN is not encouraging...

Crude, distillates, hydrocarbons, petrochemicals, LPG, LNG, are important raw materials for manufacturing industry. It will not be replaced in next few decades. Storage is needed for crude and naphtha to feed the massive petroleum refinery run by Petronas & petrochemical plants complexes in Penggerang and storage are strongly in demand for traders and brokers to store their commodities stocks when prices are low and physical traders will hedge for future price hike. Both ways, Dialog tanks will be leased and generate substance income as long as the storage tanks are fully taken up by long term and spot rentals.

Why Director sell and buy back on same day same trade Qty 2X in a row? (see announcement )
2023-03-27 Insider
TAN SRI DR NGAU BOON KEAT (a substantial shareholder) acquired 7,000,000 shares on 24-Mar-2023.
2023-03-27 Insider
TAN SRI DR NGAU BOON KEAT (a company director) disposed 7,000,000 shares on 24-Mar-2023.
2023-03-27 Insider
TAN SRI DR NGAU BOON KEAT (a substantial shareholder) acquired 7,000,000 shares on 24-Mar-2023.
2023-03-27 Insider
TAN SRI DR NGAU BOON KEAT (a company director) disposed 7,000,000 shares on 24-Mar-2023.

More details .......
https://therealtamringhafarbaba.blogspot.com/2020/08/the-impossible-wealth-of-mahathir-clan.html
August 19, 2020

THE STORY OF MOKHZANI MAHATHIR AND THE BIGGEST COUP IN MALAYSIAN BANKING HISTORY
September 20, 2016
http://www.malaysia-today.net/the-story-of-mokhzani-mahathir-and-the-biggest-coup-in-malaysian-banking-history/

https://1.bp.blogspot.com/-Ea5ZQp0gbro/Xz04iqW_BFI/AAAAAAAAAOc/KfNcBFvrgxEPTdISXUxuQXrEKDyHirFbACLcBGAsYHQ/d/281.png
To be more specific:
1. Mokhzani owns 255 companies, with estimated total assets worth USD21 billion;
2. Mirzan owns 156 companies, with estimated total assets worth USD17 billion;
3. Mukhriz owns 128 companies, with estimated total assets worth USD13 billion; and
4. Marina owns 52 companies, with estimated total assets worth USD9 billion.

https://www.theedgemarkets.com/node/660347
GenM’s share price is on verge of overcoming a negative sloping trendline, says Kenanga

Luxury Tax looming in GenM?

Why after Div-Ex, GenM red and GenB Green?

AMFLEX what is going on?

6.1762mil shares each x 7 = 43,2334 ml shar acquired by the Lim family , The Directors .... wow

damn! i cut loss too early beore noon.... !! missed out 10k!!!! DAMN!!!!

0.315 fuyuh....

New covid cases >6k disinfectant sure out of stock.... kaching2.....0.50....

oil stock piling up both in crude and distillates, storage inventories increases, storage contracts extended... future income continue to slips in..... profit remained, more storages are ready in commissioning..... investors collect more when dialog price continue to slide .. oppotunity comes slowly... too slow to be exact....

Supermx production volume increases 2-3 folds, cost increases, ASP reduced 25-30%, inventories escalated? have to reduse ASP further to reduce inventories if productions not reduced accordingly.....

The more EPF buy, The more RSS comes in, Drop further....sian...

others all green tg y red????

supermx Results out PAT 1.8 B in supermx forum...

RSS today no power anymore huh?

welcome kyy back at 6.50 hehehe!!!

tot kyy exited supermx already...??

today GREEN!!!! ABOVE 6.00....

today close above 6.20....

TG IS BACK!!! up up & away !!!! hooray!!!

UP, UP AND UP ....

2 moro Thursday bursa holiday? what public holiday huh?

when one is wrong in their facts, it is not right to point him to the right facts?

@Ohlincaufun, no good killing barking dogs, water fish better more Gelatins to keep looking young, silly crabs are very tasty too!! lets celebrate!!! Malaysian glove in over supply but oversea don't have enuf to use, so they have to talk bad to buy cheap stocks from inferior producers....

VT + family are Dumping millions from their front and back holes... water fish + silly crabs are having a feast on those dumps......... hahaha

even VT no confident to hold the shares... water fish + silly crabs are grabbing fishy VT dumps?

belly fishy BJ Corp... what's cooking? pump n dump?

why VT and his siblins disposed their shares last few days??

Good morning, Today Gloves ALL up, up, up.....

When is Supermx div for QR 31/3/21? up-coming Financial Report date?

waste paper warrant....

I deleted AIMFLEX from my list this morning :)
Then cannot find ISTONE, look into my buy list and saw AIMFLEX i/O ISTONE only realized name change.. hahaha

https://youtu.be/eZ3FQLUgLEw

Added 5k @ 5,84 this morning, thank you short sellers.... waiting dividend.. in 2 weeks time...

[Forwarded from Tradeview Public Channel (Tradeview)]
Tradeview Commentaries (1st Feb 21) - Why GameStop’s Phenomenon Resonate with Malaysia’s Glove Retail Investors Part 2

In the past year, retail investors participation in stock market globally like US, South Korea were at record highs. This is largely due to the prolonged Covid-19 lockdown and flood of liquidity expanding the money supply in the economy (M3).

Locally, in 2020, foreign funds outflow from KLCI ballooned to RM25 billion. On the contrary, Retail investors were net buyers at RM14 billion and local funds at RM11 billion. Hence, it can be concluded it was retail investors who supported KLCI. As a result, Bursa is on track to deliver record profits for FY20/21 due to record high retail participation, so are the IBs and other brokerage firms. Active retail participation is a boon for the stock market. If social media changes the landscape and levels the playing field between retail investors and institutions, it should be welcomed. Of course some level of oversight is a must to prevent abuse however the same can be said towards the conduct of the Foreign IB whose research report was a sales piece to pitch to institutions to capitalise on RSS ban lifting in KLCI to short the 3 glove stocks. If Regulators intend to clamp down on retail investors, equal scrutiny should be accorded to those questionable IB’s analysis.

Irrationality in the stock market swings both ways and over time it will normalise. A fundamentally sound stock will not go down indefinitely. When the buying volume and momentum outweigh selling, the share price goes up and vice-versa. The point to note, however, it is important for funds to come in to support for share price ascension. For glove stocks, it has been punished irrationally and retailers banding together can be seen as a reactionary market forces.

Indeed, the circumstances of GameStop vs Gloves stocks while sharing a common distaste for shorters, the substance is different. Unlike GameStop, the Glove stocks are undervalued, delivering continuous record profits and good dividend yields. The demand won’t disappear overnight just as when I repeatedly said the vaccine announcements won’t eradicate Covid-19 instantly. 3 months since Pfizer / Moderna announcement, globally and Malaysia is in a much worst state than 1 year ago. For those who choose to ignore the supernormal profit of glove stocks, please reassess your valuation model impartially. This is not the same where a company disposes their core business and net a huge windfall, declare one-off dividend and is left without a profitable business the next year. How many times have we seen the glove stocks grow post pandemics (H1N1, SARS)?

I understand valuation is subjective. The argument can go on indefinitely. So let’s leave it as that. I am just a blogger and a retail investor. In my years writing, I have always put the interests of my readers and retail investors close to my heart. It pains me to see many subjected to losses resulting from “pump & dump” operations. This means I would not write on companies or sectors which I deem risky, questionable or fundamentally weak.

I would like to take this opportunity to share my honest view on the “Glove Movement” with retail investors.

1. Do not invest in glove stocks if you don’t believe in the fundamentals and not willing or able to hold for the long term.

2. Do not get carried away, caught up in the hype and be emotional. No point using hard earned money to spite anyone, be it IBs or shorters. They don’t care about you, only their books.

3. Do not use margin to invest in stocks, only excess cash. Invest within your means at all times (regulators can clamp down, banks can impose margin caps anytime)

4. Avoid structured warrants, derivative products especially if you have no knowledge.

The stock market will keep evolving with the advancement of technology. Retail investors, looking out for each other may just be a new way forward. I do not know for sure, but this is surely an experience we will all remember.

End Part 2

Source : www.tradeview.my

Yesterday ADR price for TGLVY (Top Glove Corp)
$7.15 +0.82 (12.95%)

For USD 7.15, they get 4 shares of top glove.

Current exchange rate is
1 USD = MYR 4.04

7.15 x 4.04 = Rm 28.9

Rm 28.9 / 4 = Rm 7.225 per share

Roger Hew, [31.01.21 11:29]
[Forwarded from Tradeview Public Channel (Tradeview)]
Tradeview Commentaries (30th Jan 21) - Why GameStop’s Phenomenon Resonate with Malaysia’s Glove Retail Investors Part 1

Dear all, the largest telegram group now consist of over 42,000 members. Since the “Glove Movement” started 4 days ago, it spread like wildfire capturing people’s attention. Notable experts, regulators, pundits, prominent investors have weighed in over the weekend on this phenomenon which was largely inspired by the GameStop rally in Wall Street.

Many were quick to distinguish the GameStop, AMC stocks and the Gloves stocks in Bursa pointing out a short squeeze would not happen in Bursa due to the 4% RSS limit, glove stocks are not oversold up to 140% and robust regulations in Malaysia. I do agree that a short squeeze like GameStop will not happen for the Glove stocks in Bursa.

However, those who assume retail investors are naive and this is just a elaborate ploy of some unscrupulous “Gurus” manipulating social media to start a “pump & dump” operations failed to recognise a crucial underlying issue. Why did GameStop resonate with Malaysia’s investors?

If you look at the largest telegram group, people from all walks of life are there, from VVIPs to students, all banding together for the Glove sector. It was an organic movement with no leaders. Hence, it is not right to brand and undermine those who participated in the group as manipulators.

In my humble view, the common denominator is that retail investors share a strong distaste towards the short selling facilitated by some IB towards the Glove stocks. To be fair, whether Permitted Short Selling, RSS or IDSS are actually healthy for a vibrant stock market. It’s like your gastro system which flush out the bad elements to ensure your body is healthy. However, too much, too sudden or extreme cases, it cause a severe reaction. In this case, the short selling was not conducted towards a struggling company with weak fundamentals. It was towards fundamentally sound glove companies. Shorting selling by right, should be directed towards a overvalued or fraudulent companies like Luckin Coffee, Wirecard AG.

Retail investors have found the glove stocks easy to understand, relatable and a story of entrepreneurship. Many view them as underdogs who succeed in the midsts of this economic debilitating global pandemic after years of hard work. To some, they feel a huge sense of pride to know Malaysian gloves are protecting the global population. I have not seen such unity in our increasingly fractured country since national badminton heroes competed for 4 gold medals in 2016 Olympics. Yesterday, the Government announced Malaysia recorded the largest trade surplus for December in 23 years. The Glove sector played a huge role there. In addition, even Bursa’s Chairman acknowledged if not for the 3 healthcare counters IHH, Hartalega & Top Glove, KLCI would have fallen 11% in 2020. Indeed, KLCI is one of the poorer performer in the region since 2021. This coincided with the massive selloff of glove stocks for the past 2-3 months. How did this happen?

Sure, it started with the vaccine announcement in November 2020 which led to premature optimism by the investment fraternity on economic recovery and reopening spurring profit taking. This was further exacerbated by the Foreign IB’s research report which led to facilitation of massive short selling exercise at the start of the year. Citing The Edge, in the first trading week of the new year, there were 196.19 million shares worth RM1.09 billion shorted during that week. An old timer in the investing fraternity said he has never seen such weight of money being put on the table before this on Bursa. The short selling volume accounted for 56% of the week’s total volume. It did not end there and today Top Glove, Kossan & Hartalega are the 3 most shorted stocks in Bursa. Coincidently, these 3 stocks were sell calls with ludicrous TP in the Foreign IB’s report. Therefore, it would appear the Glove Movement in Malaysia is not about manipulating the market but a reactionary force.

End Part 1

Source : www.tradeview.my

JPM is spinning lies to short the market. pressing down share prices to unrealistic values. now with increase in case and no signs of easing gloves demand will sustain for another 4Q.

RSS targeting PBB to hedge their potential losses in RSS shorts sales Gloves counters. esp TopGlove

Some rules to take note
1. Do not SELL
2. BUY and HOLD tight tight like your mistress
3. Do not use CONTRA or MARGIN , DO NOT USE CONTRA and MARGIN. DO NOT USE CONTRA and MARGIN.
4. If Cash is limited just buy 1 Lot, Don't borrow to buy
5. Do not buy Put Warrant
6. It's a long journey, don't get scare when the share price go down. It could be those who stuck earlier leave or shorty trying to scare us
7. Make sure you have more than 1 Trading Platform, IB will joined forces too like what happen with WSB.

骗钱导师讲:今天是割韭菜，散户进去大户出来

halo，你不给星期二再起，星期三再起，星期四再起？如果再起了听你说进去FIFO? 这么厉害你自己去投资赚钱了，不要收学生赚钱讲天下没有免费的午餐。手套股的价格本来就是再低点了。去到7.5都是undervalue bro... 难道又要人家9块钱冲进去value investment?

我已经ss了那些讲这种仙家话的老师了。反正他们也是骗钱的，投资者要小心才是

这里是集合了正能量。有正能量，股价正面的冲。加油各位。公司加油

股价会攀升在430分大家冲进去给他收高高，星期二开高高！heng ah ong ah huat ah.

我的TG从亏到赚，都是因为你们。空头大败之前我不卖，大不了放一年赚利息。

After 4.30pm start to buy . All in

Secret to beat RSS:
DONT USED *MARGIN or CONTRA*
CASH AND HOLD ONLY!

RSS got an eyes for those who used MARGIN @ CONTRA, and when you used MARGIN @ CONTRA, they will trapped you!

We want RSS vomit out the 2.9% they short, and when they do that, it is our rewards time!!!!!

Topglove RSS average buy cost 5.73

Topglove RSS average buy cost 5.73

They are losing RM111,888,812.00 on Wednesday close price.

Left 1% for them to short sell and their 4% will be up and they need to buy back to close their position if price don't move below their average buy cost of 5.73. They can't afford to pay interest and wait.

我们越买它们越怕❗️我们不卖它们更慌❗️ 买就对了，今天怎样买都便宜，收着拿老板给的大红包❗️❗️❗️