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2021-09-10 16:16 | Report Abuse
one more thing, the kowtow must be more than 90 degree. Cannot be 45 degree or 80 degree. Else, it wont be sincere enough. for more sincerity, he should bring his management and ask them to kneel down and apologize too. Tan Sri can be exempted due to his seniority.
2021-09-10 16:11 | Report Abuse
Tan Sri LWC shoud have Press Conference and kowtow and apologize publicly and please for the elites not to attack his company shares anymore and give him second chance. Next, he should announced that Top Glove cant be no 1 share and that is only reserved for Maybank alone. last but not least, pledge another rm150 mil to donate to the Covid fund.
2021-09-10 16:06 | Report Abuse
Hahaha. Could be Tan Sri LWC made some elites group angry when he claimed Top Glove gonna be no 1 counter in bursa. After he announced that, Top Glove lao sai non stop since then.
Benhobenhobenho What kind of price movements is that, suddenly up this morning to 3.75 n down 0.35 to 3.40 afternoon, all becoz of cbd ban lifted news. If this is not share manipulation, then I don't know what else it is. These operators are playing with investor's sentiments n manipulated to their advantage. Pity those who chase high this morning
10/09/2021 4:01 PM
2021-09-10 16:02 | Report Abuse
I still have hope to buy at 2.60-2.80 next week.
2021-09-10 16:01 | Report Abuse
Tomorrow where got market open? The operators happen to choose 3.40 for now for whatever reason they believe in. could be their calculation or their risk thingy. else, they wont stop attacking. Their proxies yet to receive new instruction from their big bosses.
EVO118 3.20 is on, maybe tomorrow.
10/09/2021 3:58 PM
2021-09-10 15:44 | Report Abuse
Dont crap on ASP or US ban or China competition. Today's pattern already proven the price is being suppress by just a small group of operators. It is so coordinated and timely and fast. It s all using system and algorithm.
2021-09-10 15:25 | Report Abuse
Shorties are so mad today and go full force attack. no more tactical move. Full frontal attack. Top Glove still no reinforcement and left with scattered troops to defend the lines. 51 mil casualties already
2021-09-10 15:06 | Report Abuse
wow. so powerful. Shorties gonna exhaust all their bullets soon if they cont to attack in such way.
2021-09-10 14:49 | Report Abuse
now 131 mil. Shorties really ALL IN today. Top Glove should not pass 3.50!!! that s their message.
2021-09-10 14:47 | Report Abuse
Shorties keep topping up the sell q at 3.49 and 3.5. Building up from 70 mil to 100 mil and now to 125 mil
2021-09-10 14:34 | Report Abuse
Great wall of China still blocking at 3.49. Mini great wall set at 3.50
2021-09-10 13:06 | Report Abuse
I wondering too. Easily for them to push down with that amount of selling Q.
niet Disappointed cannot break 3.48. But shorties increase sell volume from 4.8 million to 5.5 million. Why cannot fill .3 million buy volume. Now shorties during lunch break will try to get media to put out some bad stories to push down.
2021-09-10 11:51 | Report Abuse
7 million q at 3.49 - 3.50. Why they dont just push down? That really strange.
2021-09-10 11:32 | Report Abuse
Shorties is winning. Another level pushed down and setting up wall at 3.49 now. Strange is shorties did not push down further since the buy q is weak and low compare to selling q
2021-09-10 11:28 | Report Abuse
Shorties might need to execute until 10 mil today if they want to block the price from rising further.
niet Shorts topglov 3.9 million shares shorted at 11.22am today
10/09/2021 11:22 AM
2021-09-10 11:24 | Report Abuse
shorties call all their uncles/aunties/neighbors/friends/contact/pets, everyone they can find to park the price and block it. They knew Top Glove yet to execute SBB and the big bosses yet to use their dividends to buy back shares.
IronShirt 3.50 sellers reached 5.0m Parking
10/09/2021 11:20 AM
2021-09-10 11:06 | Report Abuse
Shorties need to cover position baru untung.
I_like_dividend Shortist bought yesterday bukan sudah untung?
10/09/2021 11:02 AM
2021-09-10 10:57 | Report Abuse
Wow, seem shorties really adamant to sell down today. My 2.60-2.80 is still possible.
2021-09-10 10:53 | Report Abuse
obviously you did not read the quarter announcement documents and Annual report.
x_abe81 will return to previous close price before stabilizing. still need more info about the business with US. When, How much, Effect to Q3 and the year.
10/09/2021 10:49 AM
2021-09-10 10:33 | Report Abuse
0.30 uptrend isnt a goreng for Top Glove and the volume is still low. just retailers played with Shorties.
2021-09-10 10:24 | Report Abuse
Shorties fired all their arsenal today to block the rise. Can see how they level the acttack for the past 20 minutes. Shorties today no bullets to short Kossan, Supermax and Harta. Remember that Top Glove yet to conduct any SBB for months and the bosses with hundreds millions of dividend also yet to buy back any shares. They may fire their salvo soon after being attacked for months and they did not counter attack back.
2021-09-10 10:11 | Report Abuse
Aiyoh....i cant but at 2.60-2.80 already. Why Why Why?
2021-09-09 19:13 | Report Abuse
Haven't top up. Just amending the buy q to lower price for top glove since ppl like to sell lower and cheaper and I might as well but cheaper n lower too.
2021-09-09 18:21 | Report Abuse
Must cont for me to buy from 2.6-2.80. Else i not happy. I have been waiting for so long.
krish52 will south bound stop or will continue ?
09/09/2021 6:18 PM
2021-09-09 18:19 | Report Abuse
Aiyah Kossan, today Top Glove drops, you apa pasal join the game? I dont have that much of fund to buy Kossan shares. I am focusing on Top Glove now. Pls wait for me. Dont rebound first.
2021-09-09 18:18 | Report Abuse
The lower and cheaper you buy the higher is the dividend percentage.
ilovesoya I'm only concern on how much dividend I will get, all free shares haha
09/09/2021 6:14 PM
2021-09-09 18:17 | Report Abuse
Sorry Supermax, was busy with Top Glove cause it s going to hit my buying price. But seeing the trend, I need to adjust my buying price lower, hopefully to get it next week. No time for Supermax yet. Supermax u just need to wait for me to settle with Top Glove first as many are willing to sell cheaper and lower to me.
2021-09-09 18:13 | Report Abuse
I just want to buy at 2.60-2.80. That's all. Next year only we talk about number and fundamental as market doesnt care now. They only care about selling cheaper and lower. I only care bout buying cheaper and lower. Come come sell!!!
2021-09-09 17:57 | Report Abuse
Esceramic in a unique position whether China expanding gloves capacity or Malaysia or Thailand, Esceramic will have more biz. It s not competing against China or Thailand, it is supplying to them. We only heard of newplayers starting gloves manufacturing but no big players plan to start former manufacturing since it is a more complex process and low market. Nobody is interested to earn a 10mil - 15mil per quarter biz. Only existing players can cont on with this.
2021-09-09 17:52 | Report Abuse
Collected at 0.445. Been waiting to collect when it moved below 0.5 but been telling myself to wait and see if can collect lower. Next collection is below 0.4 if any since glove trend is overly negative now and would affect Esceramic too.
2021-09-09 17:48 | Report Abuse
Tomorrow sell down to Rm3.20, Monday sell down to Rm3 and Tuesday sell down to Rm2.80. I better get prepared to buy from 2.60-2.80. Thank you for the great sales!!!
2021-09-09 16:22 | Report Abuse
Hope or no hope or downtrend or uptrend, my investment is now ready for RM2.80. Come on Top Glove, sell more to RM2.80 pls!!!
2021-09-09 16:18 | Report Abuse
why stopped at 3.40? just 5% lower. Push it to 10% at the least. It s a sunset industry. Tomorrow another 10% to close the week below RM3.
2021-09-09 14:40 | Report Abuse
Dont rebound so fast. Pls sell until 2.80. PLS!!!!
2021-09-09 13:00 | Report Abuse
Big shareholders might also waiting. They also wanna buy cheap and earn more dividends. That could be the reason they arent defending the price now and let it free fall for almost 9 months now. There are no more SBB or buying from big bosses.
UlarSawa Want rm2.80 alao need to see stakeholders repsonse leh. Correct?
2021-09-09 12:54 | Report Abuse
Just let it drop to rm2.80 and stop all the craps and debates. I want to buy!!! I cant afford rm9 but i can afford rm2.80.
2021-09-09 12:01 | Report Abuse
Do u still recall what happened after that? :) Airasia broke new high for the next 2 years after that. Reason? They bought back all the lowest price from panic sellers and sell back to them when AirAsia broke new high. It's easy to cause herd mentality.
JJchan My Banker has advised me not to touch TG for next few Days---look-see-look first---Remember
how foreigners Short AirAsia Big Time---3 weeks Continuous Fall and Bursa has No investigation
or answer on Who short Big Fat Tony
JPMorgan is a Big Short Expert and Can Call many shorties WorldWide to join attack.
09/09/2021 11:36 AM
2021-09-09 11:29 | Report Abuse
Please cont to sell to 2.80!!! If there are still selling down after 2.80, I am gonna borrow from my siblings and buy....Pay them back with my bonus later end this year. Remember, don t use margin else you will be forced to sell and cant hold.
2021-09-09 11:26 | Report Abuse
Im building my retirement fund. This is really a rare golden opportunity for me as market is very negative and pessimistic on gloves. Had never happened before for the past 13 years since I invested. It's like the total opposite of the optimism and confidence of gloves in 2020. The more ppl sell the more I am happy to buy from them.
2021-09-09 11:22 | Report Abuse
why panic if you can average down? Let's say you entered at 2 lot at rm6, next two weeks down to 2.80, just buy another 4 lots and average it down to rm3.86. That is a safe price for you to hold and keep for years while enjoy the dividends and growth. Pandemic or endemic wont just be gone. For last 20 years, how many viruses already? Almost every 3-5 years you got new viruses from SARS to mad cow disease to H1N1 to swine flu to dunno what new bird flu, and now to Covid 19. In addition, even have variants and mutations. Market is selling like the glove is a sunset industry and gonna be wiped off from the face of the earth by ASP USD0.
For those who played margin, sorry lah. You were meant to be killed by the big players.
2021-09-09 11:15 | Report Abuse
3.33 coming soon for me to average down. Finally. I have been waiting for almost 1.5 months now. Next, 2.80 for me to All In. Thanks you shorties!!! Never have imagined that I can buy Top Glove at this price.
2021-09-09 00:10 | Report Abuse
Please give me 2.80 JPM. I will All in if come to 2.80 and just lock my account and keep Top Glove for 20 years as my retirement fund. Pls pls pls.
2021-09-09 00:07 | Report Abuse
Totally agree. And that's y I am picking up the gloves happily. Hahaha. In short term, the shorties are winning but in long term, i would be happy to hold gloves. With 5-6 billion cash, can even buy the whole AirAsia since ppl loves it so much. Then start to produce AirAsia gloves. LOL
pjseow Yesterday Harta briefing had created havoc on the market prices of all glove makers today . Harta price dropped to 6.68 . This price minus the good dividends ( 17.7 s + 19.75 + 70 s ) is almost at the pre pandemic price . What is so shocking with the briefings ??? Is it because of the ASP dropping to stabilised state in CY Q1 2022 US 30 to 35 ? I read a latest IB report dated 8th Sept with the projections of consensus earnings in FY2022 at 3986 millions and FY 2023 of 1493 millions .
The FY 2020 pre pandemic earning was 434 millions .If we temporarily "forget " the huge extraordinary growth in FY 2021 and FY 2022, there is a 3.44 x growth of earnings from FY 2020 to FY 2023 . This is like 50 % growth per year or CAGR from FY 2020 to FY 2023 . This growth is even better than the growth before pandemic . Why panic as though it is end of the world . THe market has been BRAINWASHED so much that peoples stop thinking rationally .
Do we give same pricing to a stock which earn 3.44 x in three years from 2020 to 2023 while earning 7 billions in FY 2021 and FY 2022 ( between FY 2020 and FY 2023 ) ? These super earnings has enabled Harta to increase it capacity to more than double without borrowings and at the same time give a generous dividend of 60 % of the earnings . The semicon stocks would have easily double or triple the pricings with such performance .
08/09/2021 10:07 PM
2021-09-08 16:55 | Report Abuse
No lah, give me 2.80 as JPM TP....
paktua73 paktua not bomoh laa..
but.
for TG paktua can say..
it hard to crash below 3.20..
deep can crash mybe at 3.30
let see paktua stick by on move
**not buy or sell call or recommended target price only own move sharing.
tut tut
let ride
2021-09-08 16:48 | Report Abuse
Let them press all they want. I wnna buy more at RM3. been waiting but they still not pressing hard enough. 6 days only drop from 4 to 3.54. So slow on their shorting. They didnt go all out to short Top Glove and push down further.
ToneeFa Terrible shorting on TG today. They really try to press down to touch 3.50.
08/09/2021 4:46 PM
2021-09-08 16:45 | Report Abuse
Where are all the sellers? 6 days only drop from rm4 to 3.54. When only can reach 2.80? Am i suppose to wait for another 3 weeks for it to drop to 2.80? Just drop the atom / nuclear bomb and drop it kaw kaw since 2.80 is the TP from JPM. Learn from Serbadinamik, dont need to wait long. Straight went to 0.4 from 1.6 within a month. This Top Glove from Rm7 to rm3.54 took it 8 months though everyone said no good, no growth no profit, can close shop.
2021-09-08 15:14 | Report Abuse
Cause retailers and newbies dont know what they are buying and selling. Just follow the wind. Keep to your own investment strategy. Up and down in market is normal due to negative sentiment and positive sentiment/confidence plus some manipulation.
StockGodFatt Esceram sells formers to China should be good news for them. So why follow gloves down?
08/09/2021 2:26 PM
2021-09-08 15:07 | Report Abuse
You are too short sighted for 6 months. Game over was when the share at 30 before split to 9.70++. Now at 3.60 is only the beginning of new game. Top Glove isnt those small and touch n go companies that only operate for 1-2 years. It has been around for more than 30 years. Ppl forget that Top Glove also have factories in China and they too can expand in China to capture the market there. China usage of gloves is still far below Western world. Their TCM where got use glove last time? That s the growth to capture in China and other developing countries
Sogbashen Buy low yes, but buy low is use for those stock that have bright future or sentiment in 6-12 months. But we know it’s game over for glove stock. With more China glove expanding, asp dropping, the profit will start to deceease even more..
08/09/2021 2:42 PM
2021-09-08 14:52 | Report Abuse
Sekaligus hentam and drop 20% lah. So slow. I am still waiting.
Stock: [TOPGLOV]: TOP GLOVE CORPORATION BHD
2021-09-10 16:24 | Report Abuse
If Japanese standard, Tan Sri has to resign and step down for failing his shareholders since he claimed to be no 1 counter but now not even top 10