gloveharicut
What should I do with my GLOVE?
gloveharicut
Publish date: Thu, 18 Jun 2020, 01:31 PM
I believe many people is asking "What should I do with my GLOVE?"
You need to know what are you buying and should read my existing posts if you are not.
- TOPGLOVE Q3 Slide - ALL GLOVE SHAREHOLDER MUST READ (1) 36% capacity growth (2) Monthly ASP revision (3) Higher % spot sales (4) Sales to DOUBLE Q4
- TOPGLOV Q4 Result Estimation - Net Profit 1 Billion. Target Price min RM30. Smartest Uncle Koon guided me how to estimate the profit
- TOPGLOV - Latest Price Target from Analyst. STRONG BUY!
- China battles fresh outbreak! COVID-19 second waves? BUY BIG FOUR. My top pick is TOPGLOV.
- CIMB's view on GLOVE... KEEP BUYING
Don't let banker cut your hair. Protect your hair!
Remember global stocks retreat on rising second wave fears.
It is beneficial for glove makers.
I read these smart posts from various forumer and I am reproducing it to my blog.
cm2401 If you are investing and not gambling, a 1 day drop shouldn't matter. If you believe in the fundamentals of the company, then now is basically sale time.
At the end of the day, company is high revenue + high profit with demand secured until mid 2021 at the very least.
Whether vaccine is found or not, gloves will be in demand at least until then. Of course if you are a margin trader then different story but if you have holding power, just stay the course.
At the end of the day, company is high revenue + high profit with demand secured until mid 2021 at the very least.
Whether vaccine is found or not, gloves will be in demand at least until then. Of course if you are a margin trader then different story but if you have holding power, just stay the course.
Lanesra Hoho why so panic. Worst come to worst it drop to 12-13 . Sifu lanesra managed to average down to 14.88. Fundamentally this is good company. You think it will drop back to below 10?
asianbengraham jibbie if NHS stop using top glove, die loh..
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
this thread and forum is filled with clueless people. it's kinda funny. but to all the investors out there, i would suggest that take everything thats stated here with a pinch of salt.
Good example is here " if NHS stop using top glove, die loh..".
Please, jibbie. Malaysia glove industry contributes to more than 30% of the country's GDP. Among all glove manufacturers, Topglove has the capacity to supply these countries in need of gloves (NHS included). Most orders have been locked in till June 21 and capacity has been MAXED out. Hence, there is no room and space for further orders at least until next year. UNLESS,theres further expansion.
Unlike face masks, which can be done in a shoplot and with a small CAPEX needed to be spent of approx RM 1mil, u cant just start producing gloves within a few months. You'll need at two years to build the manufacturing plant and by then, the upside demand from gloves will be over.
Please, please. Don't spread false information on these kind of forums as there're retail investors who will take all your information as facts. Cmon guys..
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
this thread and forum is filled with clueless people. it's kinda funny. but to all the investors out there, i would suggest that take everything thats stated here with a pinch of salt.
Good example is here " if NHS stop using top glove, die loh..".
Please, jibbie. Malaysia glove industry contributes to more than 30% of the country's GDP. Among all glove manufacturers, Topglove has the capacity to supply these countries in need of gloves (NHS included). Most orders have been locked in till June 21 and capacity has been MAXED out. Hence, there is no room and space for further orders at least until next year. UNLESS,theres further expansion.
Unlike face masks, which can be done in a shoplot and with a small CAPEX needed to be spent of approx RM 1mil, u cant just start producing gloves within a few months. You'll need at two years to build the manufacturing plant and by then, the upside demand from gloves will be over.
Please, please. Don't spread false information on these kind of forums as there're retail investors who will take all your information as facts. Cmon guys..
kennethG if dont need the money, just hold and go to sleep
18/06/2020 12:58 PM
Lanesra Kendo there are many sharks , got foreigner
Shark , banker sharks, money game shark , legit fund shark , and alot of baby shark nowadays that cashout from their business and put into klse. Not forgetting us the ikan bilis. When shark come looking for food we hide, when shark swim against the current we follow like little remoras.
Sifu lanesra hope you all dont play contra and invest properly. And invest with what u have and at least Have 10% savings still For rainy days minimum to sustain 2 month.
I pity my staff who got burned in stocks, lucky he loss 15k plus, not a few hundred thousands.
Shark , banker sharks, money game shark , legit fund shark , and alot of baby shark nowadays that cashout from their business and put into klse. Not forgetting us the ikan bilis. When shark come looking for food we hide, when shark swim against the current we follow like little remoras.
Sifu lanesra hope you all dont play contra and invest properly. And invest with what u have and at least Have 10% savings still For rainy days minimum to sustain 2 month.
I pity my staff who got burned in stocks, lucky he loss 15k plus, not a few hundred thousands.
18/06/2020 12:49 PM
pBlue I went through the records of new shares issued from December 2019. Most of the new share were issued in the past month when share prices started to rise from RM6. Anyway what is 20+ million shares to a pool of 2600+ million shares?
The dilution that you are concern about is negligible. Unless you are suggesting that it would incease deamatically? LT debt to Equity of TG is pretty safe at ~20%. Nothing outrageous like Digi where it is 700% or Astro at 400%
Posted by Big3 > Jun 18, 2020 1:13 PM | Report Abuse
@PBlue -pls dont cheat ppl who do not verify info u told. Dated 03/06/20 its latest issued shares was 2,630,378,407. Dated 18/06/20 it latest issued shares hv become 2,651,929,635. In this short period it issued shares hv already increased by 21,551,228
The dilution that you are concern about is negligible. Unless you are suggesting that it would incease deamatically? LT debt to Equity of TG is pretty safe at ~20%. Nothing outrageous like Digi where it is 700% or Astro at 400%
Posted by Big3 > Jun 18, 2020 1:13 PM | Report Abuse
@PBlue -pls dont cheat ppl who do not verify info u told. Dated 03/06/20 its latest issued shares was 2,630,378,407. Dated 18/06/20 it latest issued shares hv become 2,651,929,635. In this short period it issued shares hv already increased by 21,551,228
18/06/2020 1:31 PM
Apple1234 Some rich people want press down the share price and buy at cheaper price. I heard got people spread about topglove force worker work 12-hour shifts six days per weeks, and deduct worker salary if late coming. HALO, you think topglove is like PM son after corruption pay back the money than can settle it? If you late coming and cant follow the company rules, deduct by company is very logic things. Now covid-19 so seriously, Topglove process glove with many shift is it wrong? If wrong than company how to earn big money? If company cant earn big money share price how to go up? If during covid-19 time you dont want doing many shift to grab the opportunity earn the money than you can see topglove share price now will like KOSSAN, like a died fish, delay King this name is always their company features. Guys, yoi should happy when you invest a company is so aggressive, share price drop only one reason is those people buy at highest price and facing the margin call Remember IB is pressing the share price for reduce the call warrant lose. Dont so easy sold out your topglove, remember the result is very good.
18/06/2020 1:58 PM
Apple1234 Remember 25 Jun 2020 is expired of dividend date, dont so easy sold out your Topglove with big dividend. Now market will try came out many weird news try to press down the share price lets investors scare and sold out. Remember, September result will be very good, Topglove is good company to invest and you wont bankruptcy invest at Topglove. Tan Sri Lim is the person when speak out he will do it, is very very aggressive company. If Topglove is bad company, guys told me what company is good that can all in without any risk?
18/06/2020 2:14 PM
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What should I do with my GLOVE? Worst case scenario, keep it. Well with 1 pair of glove you can cut it out to make 10 pieces of condom.
2020-06-18 13:46
Top had dragged all glove counters down.....
......serious allegation by UK investigators
2020-06-18 21:06
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gloveharicut
Remember global stocks retreat on rising second wave fears.
GLOVE is beneficial.
2020-06-18 13:45