Highlights
KLSE: TOPGLOV (7113)       TOP GLOVE CORP BHD MAIN : Health Care
Last Price Today's Change   Day's Range   Trading Volume
4.83   -0.27 (5.29%)  4.78 - 5.11  29,059,000
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Price Target

Date Open Price Target Price Upside/Downside Price Call Source
22/02/2019 5.10 6.34 +1.24 (24.31%) BUY AmInvest
08/01/2019 5.30 6.26 +0.96 (18.11%) HOLD HLG
27/12/2018 5.71 4.45 -1.26 (22.07%) SELL KENANGA
19/12/2018 5.47 6.26 +0.79 (14.44%) BUY HLG
19/12/2018 5.47 6.35 +0.88 (16.09%) BUY AmInvest
18/12/2018 5.73 5.70 -0.03 (0.52%) HOLD PUBLIC BANK
18/12/2018 5.73 5.73 0.00 (0.00%) HOLD MIDF
18/12/2018 5.73 6.43 +0.70 (12.22%) BUY MAYBANK
18/12/2018 5.74 4.45 -1.29 (22.47%) SELL KENANGA
18/12/2018 5.73 6.37 +0.64 (11.17%) BUY JF APEX

View Price Target Detail
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  12 people like this.
 
LA777 Buy, buy, buy... more will come.
21/02/2019 12:39
Alibaba http://www.theedgemarkets.com/article/top-glove-prices-us200m-principal-amount-exchangeable-bonds
21/02/2019 14:21
bose00 can someone interprete the above in layman term ? good or bad of doing so ?
21/02/2019 14:26
limkokthye topglove 5.10 8mil share wtf
21/02/2019 14:57
Pyh96 Obviously syndicate is collecting @ 5.09
21/02/2019 16:12
Alibaba Yes... keep collecting @5.09
21/02/2019 16:16
risktransformer Looks like it won't hit RM5.30 this week...... too many eager sellers at RM5.10
21/02/2019 16:19
lskshare Blocking at rm5. 10
21/02/2019 16:23
risktransformer Yesterday's RM5.21 seem to b the peak price when the RSI was 78% (overbought or overpriced). Today's huge selling volume (now 8.3 million) is higher than yesterday's 5.69 million trade volume. The price looks likely to dip (go lower) from now.
21/02/2019 16:28
risktransformer EPF started selling 2 million shares on 15 Feb 2019 ....this may put a stop to the recent uptrend (especially if EPF continue selling).
21/02/2019 16:42
limkokthye all up, only tg down cb stock
21/02/2019 16:52
tantan2020 harta also down la, where got all up........
21/02/2019 17:00
yungcrystal will it continue down?
21/02/2019 17:23
limkokthye all shoot up, klci is shoot up, but topglove still cant erect
21/02/2019 20:12
limkokthye today epf selling
21/02/2019 21:44
risktransformer Yeah, EPF sold another 3 million shares on 18 Feb 2019 & KWAP also ceased to b substantial shareholder..... looks like going down further tomorrow.
21/02/2019 22:03
viagra Agree.. Down more to rm4 so can collect at the lowest price... Hehhe
21/02/2019 22:05
limkokthye big shark is playing the topglove
22/02/2019 09:08
mcmann walau eh drop so much
22/02/2019 09:23
1675875085772982 Walao. Drop banyak Gila. Celaka Betul
22/02/2019 09:27
limkokthye syndycate is playing, better stay away
22/02/2019 09:40
我是神 我是鬼 Wow drop so much today.
22/02/2019 09:41
Andersonkhoo Aiks~~ Say bye bye for all the gain for past few day
22/02/2019 09:44
7skies ayo solid fundamental pun kena kaa? wht newsss
22/02/2019 09:57
MoneyUp888 What happen?
22/02/2019 09:58
limkokthye topglove suddenly big blocking comming
22/02/2019 10:00
Jeffrey Ng heard from PBB... TG result no good for coming quarter...
22/02/2019 10:19
BananaGoreng how low can you go, wtf
22/02/2019 10:30
BananaGoreng trap at 4.99
22/02/2019 10:31
Scavenger23 down to 4.5 wanna all in
22/02/2019 10:44
birkincollector TS lim now buddy buddy with vincent tan mah.....sure learnt from him goreng goreng lor
22/02/2019 11:01
1675875085772982 Drop more kita buy More! Wakakaka.
HUAT ONG HENG
22/02/2019 11:20
alex3388 why suddenly drop so many?
22/02/2019 12:55
somersby I stuck at 5.60 wtf
22/02/2019 13:12
limkokthye http://www.theedgemarkets.com/article/top-glove-shares-fall-47-after-pricing-us200m-exchangeable-bonds
22/02/2019 13:44
aliciachung Wht happen to topglove, Why drop so much
22/02/2019 14:42
qatris98 their bonds will not easy to sell..only 2% coupon aihhh.. if under-subscribe how to pay their debt?
22/02/2019 14:53
CITADEL jatuh aku beli, naik saya jual, simple as that
22/02/2019 15:01
MoneyUp888 ?????
22/02/2019 15:20
used_fx grab at 4.80 =)
22/02/2019 15:31
limkokthye syndycate is making movies
22/02/2019 15:31
(S = Qr) Philip Ummmm I don't really see any problem, it is a 5 year bond wth 2% coupon, making at end of period 5 years, TOPGLOV has to pay back 9.04% of the loan. Not bad for 200 million USD bond.

The only problem I see is the exchangeable bond, if owners saw the profit they could dilute and sell the bonds for shares ( so it becomes company equity). That way topglove doesn't have to pay back any bond coupons or payments.

The only thing of note then is the conversion price, 20% of reference price, meaning they can only convert it at a cost of 6.204 per share. Ok what.

I'd take it, we get to clear the bond and the dilution is done with shareholders in mind.

Panic sellers indeed.
22/02/2019 16:30
risktransformer Philip, thanks for your explanation. Good for u too.... since u r looking to buy high grade bonds.
22/02/2019 16:48
Shinnzaii top up some just now...waiting for QR next month
22/02/2019 16:57
risktransformer The only problem with this bond is whether they can sell all of the bond or not, especially when it is giving an interest rate (at 2%) lower than the USD 5 years treasury rate of 2.51%.
22/02/2019 17:24
(S = Qr) Philip It's already fully taken up. Bookmaking was faster than you can say " Morgan Freeman!"
22/02/2019 18:01
(S = Qr) Philip How often do you get to borrow 200 million USD and pay back 2%? The only risk is if you do too well and the share price goes up, then it turn into equity anyway. I like it, better than rights issue...
22/02/2019 18:03
stockraider Raider advice as per Warren Buffet advice Keep It Simple { KISS} mah...!!

The fact is that topglove go into complicated exchange bond means something is very fishy mah....!

Thats why Topglove share price collapse Rm 0.27 0r 5$ today loh...!!

Is it Topglove is in distress and desperate for monies leh ??
22/02/2019 18:10
freddiehero wah wah... time sampai.
22/02/2019 23:04
JonasChia Ambank issue buy call worrr TP 6.34
23/02/2019 01:48


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