Tomorrow will have better deal. Wait for tmr morning see.

That supermax show.. Damn. Anybody snagged at 5.9?!:lol:

I will have my burger and french fries ready 15 mins before market close tmr.
Gonna see what's going happen at the end of year 2020.

Anyone here holding TASCO?

Ban on regulated short-selling to be lifted on Jan 1, but intraday short-selling prohibited until Feb 28

“The daily gross short position limit for approved securities will be temporarily reduced from 3% to 2%; and a new cap of 4% on RSS aggregated net short position will be introduced,” the statement showed.
https://www.theedgemarkets.com/article/sc-b...d-short-selling

A little bit of news on Alibaba. Seemed like Alibaba is now in reconciliation mode with the government.

I see this as good progress, and hope Ant Financial will now be more stable and regulated for better growth to be in line with the Chinese government framework.

https://techcrunch.com/2020/12/27/ant-group...cial-clampdown/

https://www.scmp.com/business/banking-finan...-suspended-us37

Keep holding, BABA should be worth equivalent / more than Amazon in capitalization. I hope to see that being true in the future.

29 is not there yet.
As bursa is a public listed company in Malaysia, these crucial info should be there on time. Today 30almost noon Dy, and yet 29 data is not there yet. Meaning to say that They are incompetent,

Top Glove founder bumps up stake to 34.8%, share price up in morning trading

KUALA LUMPUR (Dec 30): Top Glove Corp Bhd, which suspended its trading for an hour this morning, drew the public's attention to a filing showing its executive chairman Tan Sri Lim Wee Chai has bought an additional 3.29 million shares at an average price of RM6.07 yesterday.

The latest share purchase has bumped up his direct shareholding to 26.2% in the glove manufacturer. Meanwhile, he also holds an indirect stake of 8.62%. His total shareholding is 34.82%.

Top Glove's share price opened higher at 10am on Bursa Malaysia after a one-hour trading halt and climbed to RM6.23 against yesterday’s closing of RM6.01 — the lowest level since early July. As at noon break, it closed at RM6.11 with 13.8 million shares traded.

Including the latest transaction, Top Glove founder Lim has spent RM69.72 million to mop up shares on the open market in December when the share price has been on the decline most of the month, no thanks to the Covid-19 outbreak among its foreign factory workers and news on the poor conditions at its worker dormitories.

On Dec 14, Lim spent RM19.98 million to buy 3.1 million shares in Top Glove with an average price of between RM6.39 and RM6.49. On Dec 9 and 10, he bought 4.28 million shares for RM29.78 million in the price range of between RM6.93 and RM6.99.

Top Glove, meanwhile, has stopped its share buyback exercise in the past two weeks. Its last purchase was on Dec 14 when it bought back 576,900 shares for RM3.63 million.

Top Glove currently has 178.36 million treasury shares, according to the latest filing.

The group might have been mindful of its share buyback exercise considering that the 2% creeping threshold limit does apply to its controlling shareholder Lim, whose shareholding will increase in tandem as the group buys back more shares.

A company’s share capital is based on the number of voting shares, any treasury share will not be included.

Based on Asia Analytical’s calculation, Top Glove will have room to buy back an additional 89 million shares as of end-November before Lim hit the creeping rule threshold. 

In December, Top Glove so far bought back roughly 18.33 million shares in three trading days.
https://www.theedgemarkets.com/article/top-...morning-trading

skty done shopping?

RECAP...

PSS is already on.
RSS will come on on 4 Jan 2021.
IDSS will come on 1 mar 2021.
https://www.bursamalaysia.com/trade/trading...d_short_selling
just wondering... if recovery is slow and weak... which bank or plantation or O&G is best to short?!

RECAP...

PSS is already on.
RSS will come on on 4 Jan 2021.
IDSS will come on 1 mar 2021.
https://www.bursamalaysia.com/trade/trading...d_short_selling
just wondering... if recovery is slow and weak... which bank or plantation or O&G is best to short?!

Good topic to kick the ball around for a bit.
My pick would be O&G. It's gained quite a bit since the vaccine recovery and the expectation is that it'll continue back to normalcy. An interruption which plunges the world back into uncertainty is going to to hammer the industry hard. Not to forget that oil producers had agreed to a supply cut. It wasn't easy and member countries are chomping at the bit to ramp up supply, if world events reverses the recovery trend we could see one or two nations start running up the supply. Weakening demand and falling prices for oil is a big matchstick in the oil well.

Hi all, so when is the last day for the supermax and topglove warrant calculation? Today or tomorrow? Thank you for the info.

Anyone here holding TASCO?

bad news for me. Jack Ma's USD $10bil share buy back is bad for me. Guess I need to fight for the shares harder. 

today is last of 5 days for that for CIMB's CWs:

TG c77
harta c44
spmx c91, c96

there is zero trading done for all these 3 but we dun know how many are in or out of the money.

the last few minutes of spmx trade - what it means - we'll see tmr if there will be a rebound or continued rout.

nothing happened to TG n harta, though.

so, like everyone else, let's watch the show tmr morning, with a big cuppa!

i got all the IDSS info from my broker some months ago.

there is still 2 more months before IDSS is allowed, i will likely get the account ready.

and yes, O&G, properties, even banks are likely to get some real shit if recovery is not forthcoming.

i got all the IDSS info from my broker some months ago.

there is still 2 more months before IDSS is allowed, i will likely get the account ready.

and yes, O&G, properties, even banks are likely to get some real shit if recovery is not forthcoming.

longing already don't know the proper way, imagine they go shorting, infinite risk.

once IDSS is allowed, those funds have more way to make money from those who shorting.

funds can manipulate long, it's even easier to manipulate short.

Everyone will probably be in a tough spot if the recovery doesn't happen. With possibly the exception of glove supporters.
Banks are already prepping for the NPL wave. If I were to put my money on ONE industry to short the heck out if things goes south, it's definitely O&G. That is perched so precariously on the promise of a better tomorrow.

Personally, I'll adopt a wait & see approach on utilising IDSS. Wonder how much of the current landscape will change.

local O&G is sensitive to the global oil prices.

with WTI and Brent still around +-$50, our O&G counters may not falter so easily.

if crude prices go nearer $40, that will be the time.

so, gotta watch the bigger picture - if the recovery is forthcoming in the developed world.

and that brings us back to... are the trillions of new $ incl coming free $2000 for americans going to help drive oil and equities higher and higher.

or a crash is imminent.... big question...??

i got all the IDSS info from my broker some months ago.

there is still 2 more months before IDSS is allowed, i will likely get the account ready.

and yes, O&G, properties, even banks are likely to get some real shit if recovery is not forthcoming.

bad news for me. Jack Ma's USD $10bil share buy back is bad for me. Guess I need to fight for the shares harder. 
Ya. Something fishy fishy huh? 
good spot but it's not important ya.
no wor. Today I have long distance driving back to hometown.

Now on and see spmx drop below RM6. Very excited and happy. 

Lucky DSST haven't initiate his SBB. Got money earn together ma. Not like TSL, keep SBB don't wanna let us earn. 

For TG, still very stubborn at RM6.10. Saw yesterday huge buying from TSL and family. With all the insider knowledge and money available to invest on hand, rich gonna get richer. Damn.

What we can do is need to climb out from the rat race asap.
majority still don't know what is PSS, RSS and IDSS and the difference between them.

some of the panic selling are because of worrying about PSS, RSS and IDSS.

it's a good time to take advantage of it. 

The buy backs don't really do much impact. It's just an announcement, an indication that management think their stock is cheap.

Some management may have wrong perception of value and some maybe right. Ultimately share price determine whether their decision is right or wrong.

Some company announced buybacks and their share plunged. As investor feel they are misusing their cash reserve. You see if an O&G/travel leisure company announce buybacks at this point, their investor confirm punish them. So it's very dependent on situation.

Anyway BABA rise cause many see value in it, like you and me. I have bought enough during the plunge, now I will just passively see where it goes. I do hope it at least reach amazon valuation tho.