Highlights
KLSE: TOPGLOV (7113)       TOP GLOVE CORP BHD MAIN : Health Care
Last Price Today's Change   Day's Range   Trading Volume
8.80   +0.25 (2.92%)  8.55 - 8.95  76,303,600
Analyze this stock with MQ Trader system

Overview

Market Cap: 71,990 Million
NOSH: 8,181 Million
Avg Volume (4 weeks):93,688,011
4 Weeks Range:6.11 - 27.16
4 Weeks Price Volatility (%):
12.78%
52 Weeks Range:4.21 - 29.30
52 Weeks Price Volatility (%):
18.29%
Average Price Target: 19.87
Price Target Upside/Downside: +11.07

Financial Highlight

Latest Quarter | Ann. Date 31-Aug-2020 [#4]  |  17-Sep-2020
Next QR | Est. Ann. Date: 30-Nov-2020  |  17-Dec-2020
T4Q P/E | EY: 38.56  |  2.59%
T4Q DY | Payout %: 1.31%  |  50.58%
T4Q NAPS | P/NAPS: 0.6039  |  14.57
T4Q NP Margin | ROE: 26.31%  |  37.79%

Headlines

Date Subject
26-Sep-2020 顶级手套业绩超越Maybank!股价却没反应,因为有一样东西悄悄地发生了变化!(Part 1/4) Valuation on Glove Sector - 陈剑
26-Sep-2020 TOPGLOV (7113) - Top Glove spent RM 354,738,027.11 in September for Share Buyback !!! Good or Bad?
25-Sep-2020 Top Glove Investment: Is the EPF trading or investing?- A Misconception
24-Sep-2020 EPF stake buoys Top Glove's rise as Covid-19 cases climb
23-Sep-2020 盈利三级跳 股价唱反调/麦传球
23-Sep-2020 TOPGLOVE: Employee Provident Fund (EPF) is back with Top Glove
23-Sep-2020 Will Top Glove Remain Top Dog In Rubber Gloves?
23-Sep-2020 Top Glove spent RM328.5 mil so far this month for share buybacks
23-Sep-2020 Investor lodge complaint with SC against Macquarie downgrade on TOP GLOVE
23-Sep-2020 Credit Suise maintain BUY on TOPGLOVE. Target price = RM16.20
22-Sep-2020 TOP GLOVE is buying back own share. Why Director dispose share? LIM CHEONG GUAN should hold the share for a year.
22-Sep-2020 Technical View - Top Glove Corporation Bhd
22-Sep-2020 Sector Update – Rubber Products (OVERWEIGHT, Maintain) - Viewing From a Different Prespective
22-Sep-2020 Will Shareholders benefit when Top Glove spend Rm 310 million on share buyback? Koon Yew Yin
22-Sep-2020 Traders Brief - Wild Swings Ahead With Crucial Support At 1474-1484 Levels
22-Sep-2020 Stock selection criteria - Koon Yew Yin
21-Sep-2020 CITI Research maintain BUY on TOPGLOVE. Best is still yet to come. Target price = RM16.00
21-Sep-2020 Topglove - Another historical record
21-Sep-2020 TOP GLOVE Boss respond to Six questions from The Edge
21-Sep-2020 UOB Research maintain BUY on TOPGLOVE. 4Q only a Sneak Preview to Upcoming Quarters. Target price = RM12.30

Business Background

Top Glove Corp Bhd manufactures and sells gloves through several product lines to a diverse group of global customers. Some of the different glove options include latex, nitrile, vinyl, and surgical. Top Glove’s products are utilized in an array of end markets such as aerospace, food, beauty, medical, and home care. Traditionally, the company has derived over half of its sales from its nitrile and powdered latex product lines, with customers in North America and Europe generating the most demand. Products like the powdered latex gloves are built to meet various quality standards and provide comfort, protection, and other functionalities.
Trade this stock and receive a FREE I3investor T-shirt after 5 trades. Find out more.

  36 people like this.
 
Croxxx @paktua73 you swing kat top glove ke
27/09/2020 9:00 AM
GloveInsider Tan Sri Lim and family only has the best interest of the company in mind, from making excellent profit, taking care of employees and stock buy back! Remained an honorable, trustworthy, ambitious, impeccable businessman and business leader. Honored to be your shareholder.
27/09/2020 9:12 AM
WealthSoWonderful UOB-KayHian: Buy TP = 12.30

HLG: Buy TP = 13

CitiResearch: Buy TP = 16

CreditSuisse: Buy TP = 16.20

Still prefer sochai bullshitting Macquarie/UOB sochai bullshit call?

Your money. Your choice.
27/09/2020 9:30 AM
WealthSoWonderful Well, just based on consistency of analysis & balanced reporting, personally I would be going with UOB-KayHian, HLG, CitiResearch & CreditSuisse

Definitely more credible than itu sochai bullshitting Macquarie & UBS
27/09/2020 9:31 AM
WealthSoWonderful TopGlove IPO price RM2.70 March 2001

2,000 units = RM5,400

Bonus issues:
2002 3:10 ==> 2,600 units
2003 2:5 ==> 3,640 units
2005 1:1 ==> 7,280 units
2007 2:5 ==> 10,192 units
2010 1:1 ==> 20,384 units
2016 1:1 ==> 40,768 units
2018 1:1 ==> 81,536 units
2020 2:1 ==> 244,608 units

Today 244,608 units x RM8.80/unit = RM2,152,550

From RM5,400 to RM2,152,550 in just 19 years

This is clear solid undoubtable undeniable evidence of the benefit you get from being a long term investor in TopGlove
27/09/2020 9:32 AM
PureBULL ... Posted by PureBULL ... > Sep 25, 2020 4:54 PM | Report Abuse X

TOPGLOV has the largest daily vol by value everyday now.
It means tonnes of smart.money r spent on TG for 1728.
TOPGLOV is the glove STOCK in play...

In 1 mkt day it settled 3 events simultaneously:
a. price is > 871 on 4Q20 QR day, Sep 17th
b. price is > 869, the ex BI day
c. price is > 876, the close price of August month n also July,
the only glove stock to cross above this most important #

Everything's aligned to enlarge n enrich TOPGLOV's VALUE as the world # 1.

high growth stocks r never too high to buy
ex like warren B's BRK.A from usd$50 to $313,000 a share today.
TG, a perpetual growing plc is the only stock to follow BRK.A
27/09/2020 9:36 AM
DreamCommander Supermax also doing share buyback
27/09/2020 10:02 AM
DreamCommander Director Ng Keng Lim of Supermax also disposing some Supermax shares

Got make Supermax price drop aah

Nope

Not at all
27/09/2020 10:06 AM
Tokay111 I foresee glove stocks to really soar next year earliest when the full effects of moratorium effects start to be reflected at Q4 results for most companies including banks. Q4 will be up & down until US election is finalised/ vaccine news development.
27/09/2020 10:06 AM
ThePowerOfGlove Moratorium effect minor factor only la
27/09/2020 10:10 AM
ThePowerOfGlove Not big factor la
27/09/2020 10:10 AM
ThePowerOfGlove Psychological factor only
27/09/2020 10:10 AM
ThePowerOfGlove Morron donnald gonna be kicked out in December la
27/09/2020 10:12 AM
ThePowerOfGlove Effective working & safe vaccine not gonna be out until late 2021 at the very earliest la
27/09/2020 10:14 AM
Tokay111 It's more of an indirect effect, currently investors still have many choices of stocks to buy. Moratorium will most likely have negative effects on financials for most companies render their Q4 results bad. From there, investors will look for stocks with better results (ie: glove, tech, non-cyclical, ...etc). Most large western companies vaccine is phase 3 already and it's not impossible for one of them to produce a viable one by end of the year. Not counting the less disclosed process by China/ russia vaccines. Currently there are huge outflow from foreign funds due to China trade wars also due to current trump policies. If biden elected and favours us - China cooperation, most stock will up (including gloves). Discount trump chances at your peril though. Most burn their hands betting on Hillary previously.
27/09/2020 10:22 AM
ThePowerOfGlove 2020 elections not same as 2016 elections
27/09/2020 10:59 AM
ThePowerOfGlove In 2016 donnald had zero record

This year year got bad record on race relations, police brutality, covid-19 mismanagement, international trade relations etc.
27/09/2020 11:02 AM
ThePowerOfGlove In 2016 hillary was sabotaged at last minute
27/09/2020 11:04 AM
tkl88 Good news, perikatan nasional has won the Sabah election by 38 seats out of 73 seats !
So that our politic will be stable for another 3 years till 2023 election !
It’s good for our economy, like that next week KLSE will be spike up like mad already !
27/09/2020 11:49 AM
roger1138 EPF buy low, EFMs selling at high for profits for EPF.
27/09/2020 11:50 AM
newkid No company will use SBB to support the share price higher than book value, it's a very stupid move !!!!! I really do not understand why Tansri spent this money unnecessary , because SBB will not help TG on bear market. I will monitor TG for 2 months .......If drop below 7.40 I might buy again........
27/09/2020 11:53 AM
Morpheus61 newkid. Always good to hope. Hope keeps us all alive
27/09/2020 11:55 AM
eddie1884 company fundamental never lies. it's the single fact investor can rely on in full confidence, other indicators help to strengthen or challenge that fundamental to tell when investor to get in or out. glove sectors have strong fundamentals for the next 3 years. this is help by increasing original demand and newly created demand that were not there before. other sectors have very limited upside - banking, oil and gas, retails, construction, property, energy, hospitality, airlines etc. you can name it, they are all affected by this by pandemic created economic contraction. this is reality. put your money in the winning sector, it can hardly go wrong. EPF which is one of a conservative fund, invested in gloves as defensive stock, why..? because other sectors just losing money. so why don't we do the same..? ignore the noises and distractions. stay invested in gloves my friends.
27/09/2020 12:07 PM
geary newkid No company will use SBB to support the share price higher than book value, it's a very stupid move !!!!! I really do not understand why Tansri spent this money unnecessary , because SBB will not help TG on bear market. I will monitor TG for 2 months .......If drop below 7.40 I might buy again........
27/09/2020 11:53 AM

So u said Tan Sri n his team are stupid...so may I know what's the book value of Topglov. U mean u want to buy at @7.40. By the their average SBB was tellaround that market value. So please tell us something we don't know.
27/09/2020 12:15 PM
Herosan Snake Oil Salesman ?

. Posted by PureBULL ... > Sep 25, 2020 4:54 PM | Report Abuse X

TOPGLOV has the largest daily vol by value everyday now.
It means tonnes of smart.money r spent on TG for 1728.
TOPGLOV is the glove STOCK in play...

In 1 mkt day it settled 3 events simultaneously:
a. price is > 871 on 4Q20 QR day, Sep 17th
b. price is > 869, the ex BI day
c. price is > 876, the close price of August month n also July,
the only glove stock to cross above this most important #

Everything's aligned to enlarge n enrich TOPGLOV's VALUE as the world # 1.

high growth stocks r never too high to buy
ex like warren B's BRK.A from usd$50 to $313,000 a share today.
TG, a perpetual growing plc is the only stock to follow BRK.A
27/09/2020 9:36 AM
27/09/2020 12:16 PM
Morpheus61 Hero....that name doesn't suit you. And 'san'. Don't disgrace the honorable Japs
27/09/2020 12:21 PM
PureBULL ... KISS n Remember this equation if you r VALUE investors:
TOPGLOV = Harta + Kossan + Supermx + COMFORT + K+

in exceeding total PAT every QR n soon entitled to their market cap combined.
NB: TG just have to delist from SGX, n list in HK or anywhere asap .,.

it's all abt the bearing pts (x, y), the location of glove financial mountains of your stocks.

PRIMARY 1 = glove.round 1 + round.2 was OVER.
PRIMARY 3 always larger than 1 is n abt to show up...

TG with $1.3 BILLION PAT for 3 mths biz will increase to $1.8 to $2.8 billion per Q for next 4 QR n beyond as forcasted by all ib analysts.
With this growth, PRIMARY 3 could come easy.

Sep 21st was the listing of last tranche of TG convertible Bonds to 7.4 million mother shares i.e. all $710 million bonds were completely converted.
Next a much higher speed of rise of TG is expected, 1728 tp.

With NO loan n bonds, TG will pay bigger DIVIDENDS next QR onwards .,.
27/09/2020 12:26 PM
geary high growth stocks r never too high to buy
ex like warren B's BRK.A from usd$50 to $313,000 a share today.
TG, a perpetual growing plc is the only stock to follow BRK.A
27/09/2020 12:16 PM

BRK-A...Buffett did SBB also...but there aren't any split, bonus n dividend all these years. Buffett SBB when its market value drops below its Put Value. Roughly using DCF method...Put Value is time 1.2 of its DCF valuation. With so much cash on hand they did SBB recently I think. But don't borrow money to SBB, that's no good.
27/09/2020 12:30 PM
BountyOfTheBourse I am not affected by any iddiot dikkhedd persistently trolling naysayer

I don't care two hoots about any shit they post at all, it's all just useless shit as far as I'm concerned. So why should I care.

I don't need to engage or communicate in any way with any of them at all. I just make like they don't exist at all. They are just useless nuisance pests & vermin.

I don't even need to mention any of them by name. Why need to give them any such privilege or respect. They don't deserve any of that at all.
27/09/2020 12:32 PM
GorengBilis All big shark just join the game , they target not now , is TP15
27/09/2020 1:07 PM
ProsperousRealm That's so good to hear
27/09/2020 1:17 PM
ProsperousRealm Sweet music to my ears
27/09/2020 1:18 PM
ProsperousRealm Very good
27/09/2020 1:21 PM
ProsperousRealm Excellent
27/09/2020 1:21 PM
marcus1228 buy buy buy
27/09/2020 1:28 PM
PureBULL ... TG tp:
P1 from 201 to 976
then P3 = 976 X 2 - 201 = 1750

+ overshoot u can add with 1.318, 1.5 or 1.618 X (976 - 201)

if global whales come into gloves, our ib who shorted GLOVES with call warrants will be half naked to kaput.
next year glove plc with cash in billions can take over ib easily
27/09/2020 1:32 PM
geary geary PureBULL ... KISS n Remember this equation if you r VALUE investors:
TOPGLOV = Harta + Kossan + Supermx + COMFORT + K+

Reasonable Market Value...◉‿◉

Looking at TopGlove SBB...plus other TP...Those who bought below...@8.68...Reasonable.
27/09/2020 12:59 PM

Some Smart Alex...still questions management efficiency...why SBB...Since they are so...Good...how come they never become entrepreneur...like Tan Sri Lim.

Coming Soon...@12.88.
27/09/2020 1:02 PM
27/09/2020 1:36 PM
JBond007 Everyone so high spirit...premiering 武松打虎 next week?
27/09/2020 1:37 PM
geary JBond007 Everyone so high spirit...premiering 武松打虎 next week?
27/09/2020 1:37 PM

Even if DJ drop...5,000 points... Because of Covid19 Pandemic...Glove counters still consolidating or upswing a bit. That's products market trends or directions.
27/09/2020 1:41 PM
Agjl Dun forget Citi research mentioned under BULL case scenario TG could reach RM77( pre bonus) ant 1 1/2 mths ago. Waw!
27/09/2020 1:49 PM
Agjl That will be 25.67 post bonus
27/09/2020 1:49 PM
Agjl Unbelieveable???
27/09/2020 1:49 PM
roger1138 SBB is for issuing for ESOs later on but investors think that it is to support the market price. Who would benefit? Why not give better dividends to shareholders to give confidence to investors to hold TG.
27/09/2020 1:54 PM
Herosan Supermax 1st QTR 2021 results next month will be super good estimated PAT 1+- B with EPS of 0.40 sen (share issue 2.720 B)

Whereas TopGlove latest EPS only 15.95 sen (share issue 8.170 B)

Base on Supermax coming QTR PAT EPS easily overtake TG by wide margin

Supermax coming QTR EPS estimated 0.40 while TG latest QTR EPS only 0.16

So which command better margin or EPS ?


Thats was a snake oil salesman by @pureballs

TOPGLOV = Harta + Kossan + Supermx + COMFORT + K+

in exceeding total PAT every QR n soon entitled to their market cap combined.
NB: TG just have to delist from SGX, n list in HK or anywhere asap .,.
27/09/2020 1:57 PM
Flyinghorse Tomorrow 9.50 ?
27/09/2020 1:57 PM
Goldgent Will overtake Harimau soon, the hurdle is at 9.73.
27/09/2020 2:00 PM
geary roger1138 SBB is for issuing for ESOs later on but investors think that it is to support the market price. Who would benefit? Why not give better dividends to shareholders to give confidence to investors to hold TG.
27/09/2020 1:54 PM

Then u make a wrong decision holding TopGlove for dividend yield. U must look for better DY counter in Bursa... that's better for u. It's okay.
27/09/2020 2:01 PM
PureBULL ... GREATER FOOL GAME 2.0

greater fool makes money most of the times
fool makes money some of the times
CLEVER lose money most of the times

all SMART.MONEY r the greatest fool .,.
why? they always buy at the highest at right.timing .
27/09/2020 2:01 PM
geary Herosan Supermax 1st QTR 2021 results next month will be super good estimated PAT 1+- B with EPS of 0.40 sen (share issue 2.720 B)

Whereas TopGlove latest EPS only 15.95 sen (share issue 8.170 B)

Base on Supermax coming QTR PAT EPS easily overtake TG by wide margin

Supermax coming QTR EPS estimated 0.40 while TG latest QTR EPS only 0.16

So which command better margin or EPS ?

So...did u bought SPM...???
27/09/2020 2:03 PM
geary geary Stanley Druckenmiller, "Bulls Make Money, Bears Make Money, And Pigs Get Slaughtered,
I'm Here To Tell You I Was A Pig."

Mind U there is a Big Porcelain PIG...in his office...n others who think So.

PureBULL ... GREATER FOOL GAME 2.0
greater fool makes money most of the times
fool makes money some of the times
CLEVER lose money most of the times

all SMART.MONEY r the greatest fool .,.
why? they always buy at the highest at right.timing.
27/09/2020 2:07 PM
27/09/2020 2:10 PM


APPS
I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
Stock Screener using Technical and Fundamental criteria
MQ Affiliate
Join the MQ Affiliate Program today to earn rewards
 
 

497  407  524  653 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 ASB 0.175+0.005 
 KANGER 0.22-0.015 
 MUIIND 0.115-0.005 
 MTOUCHE 0.06-0.005 
 PHB 0.03+0.005 
 SAPNRG 0.105-0.005 
 CAREPLS 3.18+0.03 
 HLT 1.66-0.01 
 PARLO 0.40-0.15 
 PASUKGB 0.0750.00 

FEATURED POSTS

1. The Equity Market Index Benchmark in Malaysia CMS
2. Trading Scenarios of Derivatives Bursa Derivatives Education Series
3. Derivatives 101 Bursa Derivatives Education Series
4. Why Trade FKLI? Bursa Derivatives Education Series
5. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!

TOP ARTICLES

1. TOPGLOV (7113) - Top Glove spent RM 354,738,027.11 in September for Share Buyback !!! Good or Bad? Bursa Malaysia Free Trading Education
2. Top Glove Investment: Is the EPF trading or investing?- A Misconception Van Gogh of Financial
3. 顶级手套业绩超越Maybank!股价却没反应,因为有一样东西悄悄地发生了变化!(Part 1/4) Valuation on Glove Sector - 陈剑 Good Articles to Share
4. Will Vaccine reduce glove usage? Koon Yew Yin Koon Yew Yin's Blog
5. LCTITAN - ALL-TIME HIGH SALES VOLUME AT ELEVATED ASPS, AND... Jom & Terry
6. (CHOIVO CAPITAL) LCTITAN (5284) Five Magic Words - Rising ASP’s, Falling Costs, Hurricane (or is it Butadiene?) Choivo Capital
7. THIS COMPANY MAY WIN BIG IN PHARMACEUTICAL DEMAND HIKE! HIDDEN WINNER(S) OF PHARMACEUTICAL DEMAND PENT UP
8. [转贴] [Video:浅谈MY E.G.SERVICES BHD, MYEG, 0138] - James的股票投资James Share Investing James的股票投资James Share Investing
PARTNERS & BROKERS