Top Glove

Top Glove - targets USD$35 Billion Sales (Grow More than 30 Times from NOW)

andrewlimck
Publish date: Thu, 09 Jul 2020, 10:06 PM

Interview Video - CNA with the World's Top Glove Maker Tan Sri Dr Lim Wee Chai 9 July 2020



https://www.youtube.com/watch?v=Vtg4tas_7Gc


"In order to grow big to become Global Fortune 500 company, we need to grow 30 TIMES. 30 times is almost like 500 factories, now we have 45 factories. By 2040, we hope to achieve a sales revenue of USD$ 35 billion.".

 

Sales in 2020 (last 4 quarters): USD$ 1.17 billion

Sales Target in 2040: USD$ 35 billion  (Grow by 30 times)

 

 

 

Related Stocks
Market Buzz
Discussions
1 person likes this. Showing 11 of 11 comments

EngineeringProfit

I love your business model.....

.....invest long.....

2020-07-09 22:16

greedy44444

WOW... your workers and machines must have to work 24 hours a day in order to meet the 30 times sales.

2020-07-10 07:41

greedy44444

According to demand and supply theory, once the price of a product shots up 30 times, many more manufacturers will try to sell more by producing more until too much in the market then the price of the product will definitely slump.

2020-07-10 07:47

BATFLY

Wow! Great company with good management and strong RnD plus clear vision to grow globally..

2020-07-10 07:51

Ricky Yeo

if there is anyone that believe this kind of shit then he is not thinking straight

2020-07-10 08:52

calvintaneng

Wahaha!!!


Topglove next move will be

Take over Texchem

Texchem already got 10 Warehouses and Factories producing Polymer which is switchable to Latex and nitrile gloves chemicals

Topglove will then change

Name of

Texchem to Topchem

2020-07-10 09:29

calvintaneng

Better buy Texchem

Texchem nav is Rm1.90

Just pay Texchem at Nav par value already Rm1.90

So Texchem at 48 sen better Grab now !!!

2020-07-10 09:30

calvintaneng

If Topglove so booming can also consider Pay Texchem a 50% premium to take over

So Rm1.90 x1.5 = Rm2.85

If Topglove takes over Texchem at Rm2.85 then the upside from 48 sen is 400%

Topglove

Texchem = TopChem

2020-07-10 09:33

Tom

Philip laugh until no tear, lol....actually he can get more than 5000% earning but he sold too early and only get 2000% earning....actually 2000% earning in 10 years, not bad also

2020-07-11 01:07

xiaoji

has anyone ever think where to get so many medical staff to wear all these gloves

2020-07-11 11:02

xiaoji

the scenario will be like face mask, once the capacity exceeded demand , price drop.

2020-07-11 11:03

Post a Comment