Reached my breakeven point with gloves yesterday.
Did not expect the recovery to be this soon, had expected end of Q2 period.

My supermax from -15% to +15%

This is cuz of short squeeze or good results frm kossan?

A little in the money now. Far cry from the deep 5 figure loss position a couple of months back.
All part of the investment journey.

Those in the industry says super profit extended until 2023; book order full

In some companies the BU that makes raw mat for the glove makers makes bigger profit than other BUs, staff have higher pay, more bonus, more project budget allocations. Staff from other BUs wish to crossover.

Understood that TG also plan to process their own raw mat. This will impact the suppliers but ther’s others like Kossan still in the book. Prospects still very bright.

But if TG wants to process their own raw mat, they need to get all the experts in. If they have shortage n wants to get from the market, the price will b high cos to suppliers it’s short term deal

Great timing bro when you bought at 2.49!

Days after Tipucana disposed TG shares, the share price jumped.

Well played TSLWC, very well played!

Current shorts
Top Glove - 121,000
Harta - 10,700
Spmx and Kossan - Nil

is everyone who was the naysayer before April bought in glove stock already?

Need to resist the temptation to sell. Haha!

thank you uncle Koon lol. If you know what I mean

shorties are professionals.
it has been increasing by 0.01-0.03% +/- whenever they short. anyway will have to see the current short position after market closes tomorrow if today's surge is due to covering their position

I think almost already. For two weeks retailers FIFO taking over the ticket from IB and FF.

Plus the price is quite near to my target for this last push.

I start to TP batch by batch. Sell into strength.

Clearing out my surplus quantity that I use to average down so I can maintain the quantity that I original planned.

May is coming.

Based on this announcement, TG gonna cut almost 50% of its proposed share listing in HKEX. With less dilution to current shareholders' earnings, in my view, will bode well for Mr Market tomorrow. My guess is TG will rise higher.

Edit:
Updated with new link coz TG made a mistake posting the old attachment. No wonder I read & found it strange. Very careless person in charge.
https://www.bursamalaysia.com/market_inform...?ann_id=3150610

tomorrow glove counter should go up again as Malaysia covid 19 cases for today is high again

Rich countries are refusing to waive the rights on Covid vaccines as global cases hit record levels
https://www.cnbc.com/2021/04/22/covid-rich-...n-vaccines.html

I am watching out Ukraine VS Russia and Japan VS China and Taiwan VS China.

Mah Sing stock up 12% this morning

Great timing bro when you bought at 2.49!

Looks like yesterday shorties indeed cover some position yesterday for the big 4 glove counters, hence the surge despite the not so high volume

Based on total net short position as at today is 3.14% for TG. previously it was 3.17~3.2. cant recall

I remember seeing 3.17% or more the day before. correct me if im wrong 

Mah Sing up after company indicated glove production to start in May

KUALA LUMPUR (April 23): Mah Sing Group Bhd’s share price rose nearly 10% in morning trade on Bursa Malaysia today after the property developer indicated yesterday its rubber glove factory in Klang is expected to start production in May 2021.

At the time of writing today, Mah Sing’s share price had risen nine sen or 9.57% to RM1.03.

https://www.theedgemarkets.com/article/mah-...ction-start-may

Bought some GTRONIC lots at 2.41 just before closing time 

Great!

A bit disappointed with Greatech. When i want to buy, it keep going higher. When I bought before, immediately the price went down.

Have to improve my entry timing 🙏

Spmax not bad this morning