Yun Biao Lin's comment on KOSSAN. All Comments

Yun Biao Lin
2 Like · Reply
Kossan 无力回天,继续低就要进货拉低平均价。
Kaka Milan
RSS平均价rm4. 10,不知道他们会不会在哪个价位开始吃回。。
Like · 3 years · translate
Choy Sun
Don't think short seller can sell down much longer. This is probably the last week for them. They will give up and collect back soon. :)
Like · 3 years · translate
Kaka Milan
They want to buy back if no body want to sell to them also no use, please hold tight your ticket, current price alrdy bottom, no point selling now...
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Choy Sun
Yeap, not selling. Instead buying their cheap tickets :)
1 Like · 3 years · translate
Lim Chon Shoi
caught some knifes at 4.07, will catch more near 3.9.
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SH GOH
kaka, 哪里可以看到RSS平均价?
Like · 3 years · translate
Kaka Milan
Goh, bursa网站有每天的total value和volume, 我是自己加起来全部然后除总volume, 就大概知道平均价了。
1 Like · 3 years · translate
Matthew Lim
topglove reached 4% soon. other glove counter they still can short
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Choy Sun
You can also check if they bought back any by comparing with short position the day before.
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Choy Sun
I think they hit TopGlove and Supermax today as well
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B P
Choy sun how to check which one got 2 items attached under tat short sell category
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Choy Sun
Total Short Selling list amount for each day. Net Short Position list cumulative amount shorted so far. Net Short Position is inclusive of shares they buy back.
1 Like · 3 years · translate
Choy Sun
Bursa updates quite late. Normally Total Short Selling will update first. Net Short Position normally I check next morning.
1 Like · 3 years · translate
B P
Thanks choy sun
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Falco Hor
today alone, RSS worth RM11MIL... damn....
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Falco Hor
why so many ppl want to RSS this one?

how long given to them to buy back the stock?
Like · 3 years · translate
Kaka Milan
Nice, please short more with this low price, I will how they buy back later...
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Falco Hor
kaka... how much time given to them to buy back?
Like · 3 years · translate
Kaka Milan
They can hold forever, but i don't think they can hold long term, because they need to pay interest on the shares that they borrow, company now making huge money quarter by quarter, with the cash that the company earn, the share price should rise as well...
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Like · 3 years · translate
Choy Sun
They should be covering position soon. Kossan already hinted Special dividend. If they don't cover on time, they have to pay the dividend amount as well, which will lead to millions!
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Choy Sun
@Falco Hor Today RSS much lower. Only RM3.56m.
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Falco Hor
@Choy. ok maybe is yest figure. total I see still have about 200mil worth of short sell in the market.

if they buy back, price sure shoot up.
Like · 3 years · translate
Choy Sun
Yes, yesterday's short position was 53m shares, more than RM200m worth. When they close their position, it will go up. Go up by how much depends on how many desperate to sell. As we get closer to Q results and special divvy, most would want to hold on hence will ask for higher price. I'm gonna check net short position for today to see if the ended in net sell or net buy for the day. If net buy, they may be starting their buy back. Let's see.
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1 Like · 3 years · translate
Falco Hor
today kena short also?
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Kaka Milan
No body short also drop like this... Lol... Or whether they sell ordinary shares to create illusion to people...
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Falco Hor
headache...
Like · 3 years · translate
Choy Sun
Yeah, looks like they are using their own shares to short so it doesn't show up in short stats. To create illusion. Keep calm la, we wait for the Q report and divvy when they have no choice but to cover. That time can't play any trick unless they are willing to fork out many millions to pay for divvy. :)
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