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2022-03-03 11:52 | Report Abuse


BySimply Wall StPublishedMarch 02, 2022
KLSE:TALIWRKSource: Shutterstock
Taliworks Corporation Berhad (KLSE:TALIWRK) shareholders will have a reason to smile today, with the analysts making substantial upgrades to this year's statutory forecasts. The analysts have sharply increased their revenue numbers, with a view that Taliworks Corporation Berhad will make substantially more sales than they'd previously expected.

Following the upgrade, the latest consensus from Taliworks Corporation Berhad's four analysts is for revenues of RM480m in 2022, which would reflect a substantial 59% improvement in sales compared to the last 12 months. Prior to the latest estimates, the analysts were forecasting revenues of RM429m in 2022. The consensus has definitely become more optimistic, showing a decent improvement in revenue forecasts.

Check out our latest analysis for Taliworks Corporation Berhad

earnings-and-revenue-growth
KLSE:TALIWRK Earnings and Revenue Growth March 2nd 2022
There was no particular change to the consensus price target of RM1.01, with Taliworks Corporation Berhad's latest outlook seemingly not enough to result in a change of valuation. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. Currently, the most bullish analyst values Taliworks Corporation Berhad at RM1.06 per share, while the most bearish prices it at RM0.95. The narrow spread of estimates could suggest that the business' future is relatively easy to value, or that the analysts have a clear view on its prospects.

Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. One thing stands out from these estimates, which is that Taliworks Corporation Berhad is forecast to grow faster in the future than it has in the past, with revenues expected to display 59% annualised growth until the end of 2022. If achieved, this would be a much better result than the 1.6% annual decline over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in the industry are forecast to see their revenue grow 8.8% per year. So it looks like Taliworks Corporation Berhad is expected to grow faster than its competitors, at least for a while.

The Bottom Line
The highlight for us was that analysts increased their revenue forecasts for Taliworks Corporation Berhad this year. They're also forecasting more rapid revenue growth than the wider market. Given that analysts appear to be expecting substantial improvement in the sales pipeline, now could be the right time to take another look at Taliworks Corporation Berhad.

Looking for more information? We have analyst estimates for Taliworks Corporation Berhad going out to 2024, and you can see them free on our platform here.

Another way to search for interesting companies that could be reaching an inflection point is to track whether management are buying or selling, with our free list of growing companies that insiders are buying.

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2022-01-09 19:41 | Report Abuse

美国2021年11月一次性丁睛医疗手套进口数据. 大马市场份额持续上涨中.
https://www.youtube.com/watch?v=XTw1a96df08&list=LL

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2022-01-08 16:47 | Report Abuse

一次性橡胶手套出口数据. 对比10月下降-2%. 欧美11月进口明显增加. 中国进口更是持续增加, 说明中国本土需求量大增.
https://www.youtube.com/watch?v=C3cDKQ6Asuo

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2022-01-01 10:13 | Report Abuse

Top Glove sets eyes on bolstering its world leading position

KUALA LUMPUR (Dec 31): Top Glove Corp Bhd aims to cement its position as the world’s leading glove manufacturer, as well as aspires to become a Fortune Global 500 company by 2030.

In response to questions from Bursa Digital Research on Dec 24, Top Glove said it intends to strengthen its leading position via a comprehensive strategy focused on five aspects.

The group said the five aspects are enhancing production capacity to meet global demand, expanding its presence in key strategic markets, technological improvement to drive product innovation and production efficiency, undertaking mergers and acquisitions, as well as broadening its product portfolio to adjacent and other non-glove products.

It noted that it plans to do this while maintaining focus on creating long-term value for its stakeholders in a responsible and sustainable way.

Top Glove said it aims to continue expanding its global market share via an incremental increase in its production capacity from 2022 to 2025.

“As at the date of publication (Dec 24), we have planned a capacity increase of 11% in 2022, 23% in 2023, 18% in 2024, and 24% in 2025.

“In addition, we will also continue to invest in research and development (R&D) to improve our production process to remain competitive in the long run,” it added.

Additionally, the glove manufacturer also said it aims to expand upstream as well, as it plans to build an NBR latex processing plant with a 200,000-tonne capacity, which is expected to be completed by the end of 2024.

“We are also planning to build our own surgical gloves gamma sterilisation plant which is expected to be completed by the third quarter (3Q) of 2023 and targets to provide sterilisation service to one billion pieces of surgical gloves per annum,” Top Glove added.

Rubber glove raw material costs to normalise
Top Glove noted that it expects prices for one of the primary raw materials of its products — nitrile latex — to normalise in line with normalising rubber glove demand.

“In view of normalising glove demand, we believe that the price for nitrile latex will follow suit, as more supply for Butadiene comes online, coupled with lower demand from downstream production,” it said.

Meanwhile, the prices of natural rubber latex — the other primary raw material of rubber gloves — have already normalised, according to the group.

“On the other hand, the price for natural rubber latex concentrate has normalised after winter season ended,” it said.

At noon, Top Glove fell 2.87% or seven sen to RM2.37, valuing it at RM19.45 billion.
https://www.theedgemarkets.com/article/top-glove-sets-eyes-bolstering-its-world-leading-position

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2021-12-28 09:36 | Report Abuse

(马股)KOSSAN 和 SUPERMAX SWING TRADE ,TG,Harta更新-14!
https://www.youtube.com/watch?v=TWUBsiPkPuw

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2021-12-28 09:36 | Report Abuse

(马股)KOSSAN 和 SUPERMAX SWING TRADE ,TG,Harta更新-14!
https://www.youtube.com/watch?v=TWUBsiPkPuw

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2021-12-27 13:41 | Report Abuse

Securities Crediting Date 19 Jan 2022

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2021-12-21 18:55 | Report Abuse

Same date, EMPLOYEES PROVIDENT FUND BOARD Acquired 2,000,000 shares on 16-Dec-2021.

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2021-12-10 11:23 | Report Abuse

Next week, Bonus share week, Ex-Date: 17 Dec 21
1: 30

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2021-12-02 10:43 | Report Abuse

tomorrow share market close

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2021-11-17 16:25 | Report Abuse

Meanwhile CGS CIMB Research noted that Taliworks has confirmed that it has submitted its tender for the Sg Rasau Water Supply Scheme in Selangor.
The project award decision is likely by end-2021 and it believes that the company has a fair chance of securing a portion of the water treatment plant works, given its experience in Sungai Selangor Phase 1.
https://www.thestar.com.my/business/business-news/2021/11/17/on-the-road-to-recovery

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2021-11-15 18:57 | Report Abuse

NET PROFIT UP156%

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2021-10-21 13:52 | Report Abuse

The U.S. lifted a similar order against another Malaysian glove manufacturer, Top Glove Corporation Berhad, after the company addressed indicators of forced labor at its manufacturing facilities.
https://www.usnews.com/news/business/articles/2021-10-20/us-bars-disposable-gloves-from-malaysia-over-forced-labor

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2021-09-22 08:34 | Report Abuse

Ex-Date : 23 Sep 2021

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2021-06-25 08:28 | Report Abuse

Bonus Shares will be listed and quoted on the Main Market of Bursa Securities with effect from 9.00 a.m. on Friday, 25 June 2021

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2021-06-21 10:43 | Report Abuse

Ex-Date 23 Jun 2021

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2021-06-17 19:36 | Report Abuse

Brabazon Bristol: YTL unveils plans for 14-acre urban park being created as part of Filton Airfield neighbourhood
https://www.business-live.co.uk/economic-development/brabazon-bristol-ytl-unveils-plans-20838431

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2021-06-15 06:56 | Report Abuse

Top Glove ADR close @ 7.00

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2021-05-24 14:16 | Report Abuse

GloveASP Stanley has an agreement with US government regarding build glove manufacturing in United Stated 6 months ago, more than billions of MYR fund will be transfer to United Stated for glove manufacturing construction.
24/05/2021 1:12 PM
https://www.theedgemarkets.com/article/kenanga-concerned-over-supermaxs-overseas-execution-risk-reduces-target-price-25-rm905

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