hi Joyvest nice to see you here! already switch TG?

OH sorry wrong forum! this one is top glove ar!

Hey i talk positive la! I'm one of the early supermax supporter!

US print so much that they don't know where to park their money!

Actually Dow Jone down good for Malaysia Stock Market!

newbie9893 Dow Jone might drop 1000pts tonight...better sell & run

At this profit can party for few weeks until comfort result out then Harta result!

Sales Volume grew by about 25% but PAT increasing by 365% year-on-year and
202% quarter-on-quarter,

Profit Before Tax (PBT) came in at RM422 million,
staging a triple-digit gain of 413% and 224%, year-on-year and quarter-on-quarter respectively. Profit
After Tax (PAT) was equally impressive at RM350 million, increasing by 365% year-on-year and
202% quarter-on-quarter, which at the nine-month mark already makes up 95% of FY2019’s full year
achievement. Meanwhile, Sales Volume grew by about 25% versus the corresponding period in the
previous financial year, as well as the preceding quarter.

Surela everyone try to get into glove when prove already out there!
Posted by newbie_invest > Jun 11, 2020 12:39 PM | Report Abuse

Supermax will follow TG trend up up up?

TG give 10c dividend la! Highest in history!

Leng lui Yen Ling right! Explosive!

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3057593

OMG 350M

Earnings explosion in the coming quarters
2Q20 will mark the beginning of the ASP up-cycle with Top Glove
scheduled to release its 3QFY8/20 results (Mar-May) on 11 Jun. We
believe all glove players will see stronger earnings in 2Q20 and the bigger
explosion will take place in 2H20. For Top Glove and Kossan, we maintain
our BUY ratings, TPs and earnings forecasts. As for Hartalega, we raise
our FY3/21-23E EPS by 40%/30%/9% as we extend the ASP hikes until
4Q20 (from 3Q20 previously) and also include the contribution from the
spot orders in 2H20. Consequently, our TP for Hartalega is now raised to
MYR12.15 (+34%; 41x CY21E P/E) and the stock remains a HOLD.

Our leng lui, Yen Ling give some update on Glove ASP
https://drive.google.com/file/d/1omi74Vq8bo0FqKf9DWpfIfwJAydAdWBq/view...

Our leng lui, Yen Ling give some update on Glove ASP
https://drive.google.com/file/d/1omi74Vq8bo0FqKf9DWpfIfwJAydAdWBq/view...

Read until page 9 already tired!

lazy to read all someone please summarize ?

there is a phone number! you can call her lol
CharlesT Leng Lui ada betul kah?

Prior to the ASP hikes in Mar 2020, we estimate that every 1% increase in medical
glove ASP would result in 5%/6%/8% increase in net profits for
Hartalega/Kossan/Top Glove. However, after our exam glove ASP revisions which
resulted in higher ASP base, every 1% increase in blended ASPs would result in
2%/3%/4% increase in our FY21E net profit for Top Glove/Hartalega/Kossan.

they lower the assumption by half

Our leng lui Analyst give some update on ASP
https://drive.google.com/file/d/1omi74Vq8bo0FqKf9DWpfIfwJAydAdWBq/view?usp=sharing

Why this bloger does not mention about 4.535m Write off from previous QR 31-Dec-2019?

Please read the Financial result carefully! the second column "Preceding Year
Corresponding To Date 31-Dec-2019" there is a value of 4.535m inventory write off!
Don't tell me it is 1 time write off!

The write down of inventory involves charging a portion of the inventory asset to expense in the current period. Inventory is written down when goods are lost or stolen, or their value has declined. This should be done at once, so that the financial statements immediately reflect the reduced value of the inventory. Otherwise, the inventory asset will be too high, and so is misleading to the readers of a company's financial statements.

OMG write off from inventory 4m!! You mean you never ask question like why write off 4m from inventory ?

Booyeah bigwet what u know ? they have write off inventory of 4million. go learn how to read a quarterly report and not spread fake report man. I don't hold any.. but u spread false rumours. without knowing how to read a report.
09/06/2020 7:49 PM

Tell me what's wrong ?

pang72 why you are here ! no more supermax ?

Care + just lost 25% of production line and you all still value it at full 100% lol

Stanley just follow what others distributor is charging!

FYI Top Glove advantage is not OBM but Big capacity and over 2000 different customer! This will allow them more bargain power for higher ASP price!
This is what Yen Ling from maybank say!

Posted by kt_invest > Jun 9, 2020 5:45 PM | Report Abuse

For Top Glove, how big is their OBM contributions?

Add on to above
at todays closing price around 1.58
actual price per share according to the selling price of 27m = 1.58/7.6 = RM 0.207
Which mean Ansell buy the factory at very cheap price lo!

After top glove result out we are able to see abit supermax future!

Sorry the market cap is RM828.9m today
25% x RM 828.9m = RM207.2m is sold for rm27m

This mean the share is almost overvalue by 7.6x

I read the 2019 anual report
Cannot found number of production line!
Found out the land area for the factory!

CMSB have land area of 440k square feet (build up area 372k sqr feet)
Rubbercare Protection Products Sdn Bhd - Land area 41k square feet
Careglove Global Sdn Bhd(CGSB) -398k Sqr Feet (build up 215k sqr feet)

which mean CMSB = RPPSB + CGSB
so sell 50% CMSB = Sell 25% of Entire Careplus group
At Current price careplus Market Cap = RM531m
25% x RM531 = RM132.75m mean this amount is sold for rm27m

I'don't know this is correct maybe someone can correct me!

how many line care+ still have ?

ruby20 this is sell 50% of careplus glove factory for rm27m only! so the care+ Cap 531m is sold for rm27m ? please tell me careplus have other company that still manufacturing glove ?

Refining company benefit from lower oil price no ?

ya already say, once selling start cannot stop!

pump and dump ?

Write off means throw away ! why want to add it back ?

This depend on the price you buy. we feel like holding a Hen that produce gold egg.
Posted by PVTHSD92 > Jun 9, 2020 2:05 AM | Report Abuse

Glove share is like holding a boom

Care + forward pe 100 you say will up or down ?

Spot price is 3X higher than normal price!

Posted by merck > Jun 7, 2020 11:36 PM | Report Abuse

If NHS clear entire UK warehouse. Assuming profit is USD35 per 1000PCs

That 88million ,
Means 88,000 x USD35 x RM4.30 = nearly RM13million

Up to you all la. You want to hold just hold la but don't lie just for you to unload.

It is easy to build glove company but not easy in getting fda approval. This is why the shortage. So far medical glove have the highest ASP.)

My comment is for Ikan Bilis investor that go in at high price. Shark they already know what to do. You need to swim with shark and cannot fight them. If most of the shark want to lock in profit Ikan Bilis will need to run faster than shark.
Advantage is Ikan Bilis have small quantity and shark have big quantity. They may use pump and dump tactics who know.
If Ikan Bilis do own calculation sure know what to do.
Maybe shark have sold 60% last week. It is no joke rule of the game is to earn money.

About ansell invest in care+ who know at what price they buy the share and at what quantity? You need to find out more info. This is because they most likely invest in much Lower price with new shares create for this purpose. This also dilute your eps next qtr.

Many ppl say why so kangchiong about care+ on Tuesday! Here is the problem : after seeing the qr most of the ppl thinking of is sell as fast as posible to lock in profit.
There will be domino effects like 3rd Jun. Those who say don't sell is the one most likely sell at opening price. Most of the ppl here can't be trust many have many id that use for different purpose.
Don't be fool by them.
Just get ready by looking at the TO price early in the morning. I don't know if it go Down but it depend on whether anyone with big fund to absorb all the sell. If it did not drop then everything will be fine. But if drop most likely domino effect.

I waiting below rm1

Rm 1 fair price la lol maybe I don't own any care+ share