AlvinTSK

AlvinTSK | Joined since 2018-11-30

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Stock

2021-01-09 11:47 | Report Abuse

That what you need to believe .... so go jab !!

Stock

2021-01-09 11:41 | Report Abuse

Of course ... org takut mati like you sure go jab !!

Stock

2021-01-09 11:37 | Report Abuse

I told you before gemfinder !! I hope you get vaccinated so that you can live carefree !! And if you dont chat here again, we know what happen to you ~~

Stock

2021-01-09 11:28 | Report Abuse

Compound Interest on Monday and MCO only lead to bullish run on Monday again !!

Stock

2021-01-09 10:56 | Report Abuse

High Dividend !!
Record Breaking Revenue !!
Record Breaking Profit !!
Order in hand for the whole year !!
Glove demand to rise monthly for the whole year !!
ASP to spiked until first half of the year !!
High Cash in hand !!
Sukuk financial back up !!

What more do you want ?? All the good indicators for a matched

Stock

2021-01-09 10:55 | Report Abuse

Learned from experience :-
Lockdown = business suspended = revenue slow down = economy slow down = bank no transaction !!

Recovery market sure get RSS kaw kaw Monday!!

While essential products like food, medical and PPE thrived !!

Stock

2021-01-09 10:55 | Report Abuse

TG next quarter review:-

ESG fulfillment will prompt EPF acquisition
Additional 10% capacity = Increased Revenue
ASP to rises 20-30% = Approximately RM 3.5Billion PAT
Worker Accomodation to be settled in Jan
US Ban in final stages of discussion, should be lifted in FY21Q2
Demand for glove expected to rise 20-30% in FY21
Remained as a safe haven from political uncertainy
Remained as favourite to capitalise in Covid spike
Next dividend should be more than 16.5sen due to increased Revenue and PAT

Stock

2021-01-09 10:53 | Report Abuse

Overall review:-

EPF interested in buying again with ESG fulfillment
Crossed buying from recovery market sell off
Covid mutation in UK, may lead to potential epidemic
Vaccine faced production capacity limitation
Vaccine faced distribution issue
Vaccine had allergy effect
Vaccine do not have testing for long term side effect
Vaccine not recommended for under 16
Vaccine not recommended for pregnant mom
Covid to spike from now till end of Feb
ASP for glove to rise 20-30% in this quarter
Order in hand for FY21 and FY22 still in tag
Record breaking RM 3.5B PAT coming QR
Additional 10% capacity in the coming quarter
Worker act issue and accomodation to be settle this month
US Ban in final discussion, expected to be resume export in Jan
Management continue to buy in and provide support line
Glove demand expected to rise by 20-30% in FY21
Divident at least 8% for FY21 with the current price

Stock

2021-01-09 10:52 | Report Abuse

6th Jan 2020 Top Glove AGM Summary
1. ASP in Q2FY21 is expected 30% higher than Q1FY21. The whole industry players in gloves manufacturing agreed that the ASP will remain strong for year 2021.

2. Delivery period increase from 30~40 days previous to 560 days and 370 days for nitrile and natural rubber gloves respectively. Note: Nitrile and natural rubber gloves comprises of around 90% of Top Glove revenue in FY20.

3. US gloves stockpile reduced from 16.9 billion pieces to 2 billion pieces in October 2020.

4. Some Top Glove customer stockpile for gloves reduced from 2~3 months to 1~2 weeks.

5. Top Glove is exporting gloves to 195 countries currently.

6. Top Glove has enough raw material for continuous manufacturing of gloves.

7. Top Glove expects new players in gloves manufacturing facing issues from factory installing, workers and raw material issues.

8. Dividend payout for Q2, Q3 and Q4FY21 will be 70% on PATAMI.

9. Reason for share buyback (SBB) is because Top Glove thinks their company is undervalued at the purchased price and expects better return than putting into FD which gives 2% only. The amount of SBB is only 2.15% from the allowed 10% threshold.

10. Top Glove has 4 billion cash as of 31 Dec 2020.

11. US Border issues will be resolved when the independent international consultant verified the hostels and accommodation meets the required of Workers Housing Act 446.

12. All Top Glove factories that has been affected by Covid-19 lockdown has been resumed operations as of 20 Dec 2020. The lockdown is expected to impact 4% of the total revenue and profit.

13. Top Glove is spending 100 million for next 3 years to build hostels for 7300 workers and using 95 million to acquire new apartments for 2700 workers.

14. Top Glove is moving towards automation direction which previously 1 million gloves need 8 workers and now only 1.6 workers.

15. Top Glove current factory utilization rate is 95%.

16. Malaysia will remain the focus ground of gloves manufacturing activities at the same time expanding their existing foreign manufacturing plant.

17. Top Glove Hong Kong listed is expected around mid 2021.

18. Top Glove aims to achieve Fortune500 by 2035 with an expected CAGR of 20%. Note: Top Glove current CAGR is 28%.

Stock

2021-01-09 10:52 | Report Abuse

TopGlove IPO price RM2.70 March 2001

2,000 units X RM2.70= RM5,400

Bonus issues:
2002 3:10 ==> 2,600 units
2003 2:5 ==> 3,640 units
2005 1:1 ==> 7,280 units
2007 2:5 ==> 10,192 units
2010 1:1 ==> 20,384 units
2016 1:1 ==> 40,768 units
2018 1:1 ==> 81,536 units
2020 2:1 ==> 244,608 units

244608 units X RM 6.50 = RM 1,589,952

Trust this chart tell everything ~~ Patient paid off
Still a millionaire !!

Stock

2021-01-09 10:49 | Report Abuse

I think you know the answer for that !! I believe history always has the tendency to repeat itself !!

Stock

2021-01-09 10:45 | Report Abuse

Trust me ... on Monday !! the panic attack for recovery market will go up the roof !! RSS would rather put their fire power on them than glove !! Crossed buying into glove expected !!

Stock

2021-01-09 10:43 | Report Abuse

gemfinder ?? You havent come in yet ?? OR you did and went out straightaway after little up ? Pitiful ... Fast shooter

Stock

2021-01-09 10:39 | Report Abuse

Dont be disillusioned!! RSS will need to challenge management fund which is around RM4 Bil !! RSS VS SBB

Stock

2021-01-09 10:38 | Report Abuse

If you really want to boost the glove counter on Monday, you can always go to the recovery market forum and shout MCO now !! Trust it will create the panic that will haunt them and give them the sleepless night - just like some come here to shout vaccine !!

What come around goes around !! Pay back is a B! Tch

Stock

2021-01-09 01:40 | Report Abuse

High Dividend !!
Record Breaking Revenue !!
Record Breaking Profit !!
Order in hand for the whole year !!
Glove demand to rise monthly for the whole year !!
ASP to spiked until first half of the year !!
High Cash in hand !!
Sukuk financial back up !!

What more do you want ?? All the good indicators for a matched

Stock

2021-01-09 01:40 | Report Abuse

Learned from experience :-
Lockdown = business suspended = revenue slow down = economy slow down = bank no transaction !!

Recovery market sure get RSS kaw kaw Monday!!

While essential products like food, medical and PPE thrived !!

Stock

2021-01-09 01:39 | Report Abuse

Bonus issues:
2002 3:10 ==> 2,600 units
2003 2:5 ==> 3,640 units
2005 1:1 ==> 7,280 units
2007 2:5 ==> 10,192 units
2010 1:1 ==> 20,384 units
2016 1:1 ==> 40,768 units
2018 1:1 ==> 81,536 units
2020 2:1 ==> 244,608 units

244608 units X RM 6.50 = RM 1,589,952

Trust this chart tell everything ~~ Patient paid off
Still a millionaire !!

Stock

2021-01-09 01:39 | Report Abuse

Overall review:-

EPF interested in buying again with ESG fulfillment
Crossed buying from recovery market sell off
Covid mutation in UK, may lead to potential epidemic
Vaccine faced production capacity limitation
Vaccine faced distribution issue
Vaccine had allergy effect
Vaccine do not have testing for long term side effect
Vaccine not recommended for under 16
Vaccine not recommended for pregnant mom
Covid to spike from now till end of Feb
ASP for glove to rise 20-30% in this quarter
Order in hand for FY21 and FY22 still in tag
Record breaking RM 3.5B PAT coming QR
Additional 10% capacity in the coming quarter
Worker act issue and accomodation to be settle this month
US Ban in final discussion, expected to be resume export in Jan
Management continue to buy in and provide support line
Glove demand expected to rise by 20-30% in FY21
Divident at least 8% for FY21 with the current price

Stock

2021-01-09 01:38 | Report Abuse

TG next quarter review:-

ESG fulfillment will prompt EPF acquisition
Additional 10% capacity = Increased Revenue
ASP to rises 20-30% = Approximately RM 3.5Billion PAT
Worker Accomodation to be settled in Jan
US Ban in final stages of discussion, should be lifted in FY21Q2
Demand for glove expected to rise 20-30% in FY21
Remained as a safe haven from political uncertainy
Remained as favourite to capitalise in Covid spike
Next dividend should be more than 16.5sen due to increased Revenue and PAT

Stock

2021-01-09 01:38 | Report Abuse

6th Jan 2020 Top Glove AGM Summary
1. ASP in Q2FY21 is expected 30% higher than Q1FY21. The whole industry players in gloves manufacturing agreed that the ASP will remain strong for year 2021.

2. Delivery period increase from 30~40 days previous to 560 days and 370 days for nitrile and natural rubber gloves respectively. Note: Nitrile and natural rubber gloves comprises of around 90% of Top Glove revenue in FY20.

3. US gloves stockpile reduced from 16.9 billion pieces to 2 billion pieces in October 2020.

4. Some Top Glove customer stockpile for gloves reduced from 2~3 months to 1~2 weeks.

5. Top Glove is exporting gloves to 195 countries currently.

6. Top Glove has enough raw material for continuous manufacturing of gloves.

7. Top Glove expects new players in gloves manufacturing facing issues from factory installing, workers and raw material issues.

8. Dividend payout for Q2, Q3 and Q4FY21 will be 70% on PATAMI.

9. Reason for share buyback (SBB) is because Top Glove thinks their company is undervalued at the purchased price and expects better return than putting into FD which gives 2% only. The amount of SBB is only 2.15% from the allowed 10% threshold.

10. Top Glove has 4 billion cash as of 31 Dec 2020.

11. US Border issues will be resolved when the independent international consultant verified the hostels and accommodation meets the required of Workers Housing Act 446.

12. All Top Glove factories that has been affected by Covid-19 lockdown has been resumed operations as of 20 Dec 2020. The lockdown is expected to impact 4% of the total revenue and profit.

13. Top Glove is spending 100 million for next 3 years to build hostels for 7300 workers and using 95 million to acquire new apartments for 2700 workers.

14. Top Glove is moving towards automation direction which previously 1 million gloves need 8 workers and now only 1.6 workers.

15. Top Glove current factory utilization rate is 95%.

16. Malaysia will remain the focus ground of gloves manufacturing activities at the same time expanding their existing foreign manufacturing plant.

17. Top Glove Hong Kong listed is expected around mid 2021.

18. Top Glove aims to achieve Fortune500 by 2035 with an expected CAGR of 20%. Note: Top Glove current CAGR is 28%.

Stock

2021-01-09 01:37 | Report Abuse

PP price is expected to be below the current price !! Expect to be profit taking after PP set in ~~

Stock

2021-01-08 20:19 | Report Abuse

Anyone know what is the time limit for the SBL ??

Stock

2021-01-08 17:59 | Report Abuse

5/1/21
Disposal of 40,000,000 shares (SBL) by Citigroup Nominees (Tempatan) Sdn
Bhd - Employees Provident Fund Board.

Now, you know who is using SBL from EPF to short !!

Stock

2021-01-08 17:23 | Report Abuse

High Dividend !!
Record Breaking Revenue !!
Record Breaking Profit !!
Order in hand for the whole year !!
Glove demand to rise monthly for the whole year !!
ASP to spiked until first half of the year !!
High Cash in hand !!
Sukuk financial back up !!

What more do you want ?? All the good indicators for a matched

Stock

2021-01-08 17:23 | Report Abuse

Learned from experience :-
Lockdown = business suspended = revenue slow down = economy slow down = bank no transaction !!

Recovery market sure get RSS kaw kaw Monday!!

While essential products like food, medical and PPE thrived !!

Stock

2021-01-08 17:22 | Report Abuse

Overall review:-

EPF interested in buying again with ESG fulfillment
Crossed buying from recovery market sell off
Covid mutation in UK, may lead to potential epidemic
Vaccine faced production capacity limitation
Vaccine faced distribution issue
Vaccine had allergy effect
Vaccine do not have testing for long term side effect
Vaccine not recommended for under 16
Vaccine not recommended for pregnant mom
Covid to spike from now till end of Feb
ASP for glove to rise 20-30% in this quarter
Order in hand for FY21 and FY22 still in tag
Record breaking RM 3.5B PAT coming QR
Additional 10% capacity in the coming quarter
Worker act issue and accomodation to be settle this month
US Ban in final discussion, expected to be resume export in Jan
Management continue to buy in and provide support line
Glove demand expected to rise by 20-30% in FY21
Divident at least 8% for FY21 with the current price

Stock

2021-01-08 17:21 | Report Abuse

TG next quarter review:-

ESG fulfillment will prompt EPF acquisition
Additional 10% capacity = Increased Revenue
ASP to rises 20-30% = Approximately RM 3.5Billion PAT
Worker Accomodation to be settled in Jan
US Ban in final stages of discussion, should be lifted in FY21Q2
Demand for glove expected to rise 20-30% in FY21
Remained as a safe haven from political uncertainy
Remained as favourite to capitalise in Covid spike
Next dividend should be more than 16.5sen due to increased Revenue and PAT

Stock

2021-01-08 17:20 | Report Abuse

TopGlove IPO price RM2.70 March 2001

2,000 units X RM2.70= RM5,400

Bonus issues:
2002 3:10 ==> 2,600 units
2003 2:5 ==> 3,640 units
2005 1:1 ==> 7,280 units
2007 2:5 ==> 10,192 units
2010 1:1 ==> 20,384 units
2016 1:1 ==> 40,768 units
2018 1:1 ==> 81,536 units
2020 2:1 ==> 244,608 units

244608 units X RM 6.50 = RM 1,589,952

Trust this chart tell everything ~~ Patient paid off
Still a millionaire !!

Stock

2021-01-08 17:19 | Report Abuse

6th Jan 2020 Top Glove AGM Summary
1. ASP in Q2FY21 is expected 30% higher than Q1FY21. The whole industry players in gloves manufacturing agreed that the ASP will remain strong for year 2021.

2. Delivery period increase from 30~40 days previous to 560 days and 370 days for nitrile and natural rubber gloves respectively. Note: Nitrile and natural rubber gloves comprises of around 90% of Top Glove revenue in FY20.

3. US gloves stockpile reduced from 16.9 billion pieces to 2 billion pieces in October 2020.

4. Some Top Glove customer stockpile for gloves reduced from 2~3 months to 1~2 weeks.

5. Top Glove is exporting gloves to 195 countries currently.

6. Top Glove has enough raw material for continuous manufacturing of gloves.

7. Top Glove expects new players in gloves manufacturing facing issues from factory installing, workers and raw material issues.

8. Dividend payout for Q2, Q3 and Q4FY21 will be 70% on PATAMI.

9. Reason for share buyback (SBB) is because Top Glove thinks their company is undervalued at the purchased price and expects better return than putting into FD which gives 2% only. The amount of SBB is only 2.15% from the allowed 10% threshold.

10. Top Glove has 4 billion cash as of 31 Dec 2020.

11. US Border issues will be resolved when the independent international consultant verified the hostels and accommodation meets the required of Workers Housing Act 446.

12. All Top Glove factories that has been affected by Covid-19 lockdown has been resumed operations as of 20 Dec 2020. The lockdown is expected to impact 4% of the total revenue and profit.

13. Top Glove is spending 100 million for next 3 years to build hostels for 7300 workers and using 95 million to acquire new apartments for 2700 workers.

14. Top Glove is moving towards automation direction which previously 1 million gloves need 8 workers and now only 1.6 workers.

15. Top Glove current factory utilization rate is 95%.

16. Malaysia will remain the focus ground of gloves manufacturing activities at the same time expanding their existing foreign manufacturing plant.

17. Top Glove Hong Kong listed is expected around mid 2021.

18. Top Glove aims to achieve Fortune500 by 2035 with an expected CAGR of 20%. Note: Top Glove current CAGR is 28%.

Stock

2021-01-08 16:49 | Report Abuse

Trust the fund might know something about the CBP release ban ...

Stock

2021-01-08 16:47 | Report Abuse

Fund coming in before the crowded panic buy next week !! Get ready to dance ~~

Stock

2021-01-08 16:44 | Report Abuse

Lai liao lai liao !! Gap up and limit up potential when the news announce’d

Stock

2021-01-08 16:43 | Report Abuse

TG had passed all the CBP requirement for release of ban !! Any time now the CBP consultant will approve it !! That will be a great spike of the price too ... Next week is expected !! Get ready !!

Stock

2021-01-08 16:33 | Report Abuse

Recovery Market is target of RSS next week !! Crossed buying to glove expected !! Get ready to get your ang pow !!

Stock

2021-01-08 16:29 | Report Abuse

All the TP 7 , 8 & 9 have high chance!!

Stock

2021-01-08 16:28 | Report Abuse

Fund crossed buying to Glove !! Recovery play is out due to MCO!!

Stock

2021-01-08 16:27 | Report Abuse

6th Jan 2020 Top Glove AGM Summary
1. ASP in Q2FY21 is expected 30% higher than Q1FY21. The whole industry players in gloves manufacturing agreed that the ASP will remain strong for year 2021.

2. Delivery period increase from 30~40 days previous to 560 days and 370 days for nitrile and natural rubber gloves respectively. Note: Nitrile and natural rubber gloves comprises of around 90% of Top Glove revenue in FY20.

3. US gloves stockpile reduced from 16.9 billion pieces to 2 billion pieces in October 2020.

4. Some Top Glove customer stockpile for gloves reduced from 2~3 months to 1~2 weeks.

5. Top Glove is exporting gloves to 195 countries currently.

6. Top Glove has enough raw material for continuous manufacturing of gloves.

7. Top Glove expects new players in gloves manufacturing facing issues from factory installing, workers and raw material issues.

8. Dividend payout for Q2, Q3 and Q4FY21 will be 70% on PATAMI.

9. Reason for share buyback (SBB) is because Top Glove thinks their company is undervalued at the purchased price and expects better return than putting into FD which gives 2% only. The amount of SBB is only 2.15% from the allowed 10% threshold.

10. Top Glove has 4 billion cash as of 31 Dec 2020.

11. US Border issues will be resolved when the independent international consultant verified the hostels and accommodation meets the required of Workers Housing Act 446.

12. All Top Glove factories that has been affected by Covid-19 lockdown has been resumed operations as of 20 Dec 2020. The lockdown is expected to impact 4% of the total revenue and profit.

13. Top Glove is spending 100 million for next 3 years to build hostels for 7300 workers and using 95 million to acquire new apartments for 2700 workers.

14. Top Glove is moving towards automation direction which previously 1 million gloves need 8 workers and now only 1.6 workers.

15. Top Glove current factory utilization rate is 95%.

16. Malaysia will remain the focus ground of gloves manufacturing activities at the same time expanding their existing foreign manufacturing plant.

17. Top Glove Hong Kong listed is expected around mid 2021.

18. Top Glove aims to achieve Fortune500 by 2035 with an expected CAGR of 20%. Note: Top Glove current CAGR is 28%.

Stock

2021-01-08 16:24 | Report Abuse

Dont Miss the Boat !! Buy before the Crowd !!
Next week will be a great week for glove !!
Time to go to RM 9

Stock

2021-01-08 16:23 | Report Abuse

MCO = Business Suspension = Revenue Decrease = Bank Dip = Crossed Buying to Glove !!

Experience will tell you this !!

Stock

2021-01-08 16:23 | Report Abuse

TopGlove IPO price RM2.70 March 2001

2,000 units X RM2.70= RM5,400

Bonus issues:
2002 3:10 ==> 2,600 units
2003 2:5 ==> 3,640 units
2005 1:1 ==> 7,280 units
2007 2:5 ==> 10,192 units
2010 1:1 ==> 20,384 units
2016 1:1 ==> 40,768 units
2018 1:1 ==> 81,536 units
2020 2:1 ==> 244,608 units

244608 units X RM5.800 = RM 1,418,726

Trust this chart tell everything ~~ Patient paid off
Still a millionaire !!

Stock

2021-01-08 16:23 | Report Abuse

TG next quarter review:-

ESG fulfillment will prompt EPF acquisition
Additional 10% capacity = Increased Revenue
ASP to rises 20-30% = Approximately RM 3.5Billion PAT
Worker Accomodation to be settled in Jan
US Ban in final stages of discussion, should be lifted in FY21Q2
Demand for glove expected to rise 20-30% in FY21
Remained as a safe haven from political uncertainy
Remained as favourite to capitalise in Covid spike
Next dividend should be more than 16.5sen due to increased Revenue and PAT

Stock

2021-01-08 16:22 | Report Abuse

Overall review:-

EPF interested in buying again with ESG fulfillment
Crossed buying from recovery market sell off
Covid mutation in UK, may lead to potential epidemic
Vaccine faced production capacity limitation
Vaccine faced distribution issue
Vaccine had allergy effect
Vaccine do not have testing for long term side effect
Vaccine not recommended for under 16
Vaccine not recommended for pregnant mom
Covid to spike from now till end of Feb
ASP for glove to rise 20-30% in this quarter
Order in hand for FY21 and FY22 still in tag
Record breaking RM 3.5B PAT coming QR
Additional 10% capacity in the coming quarter
Worker act issue and accomodation to be settle this month
US Ban in final discussion, expected to be resume export in Jan
Management continue to buy in and provide support line
Glove demand expected to rise by 20-30% in FY21
Divident at least 8% for FY21 with the current price

Stock

2021-01-08 16:20 | Report Abuse

Dont Miss the Boat !! Buy before the Crowd !!
Next week will be a great week for glove !!
Time to go to RM 9

Stock

2021-01-08 16:19 | Report Abuse

MCO = Business Suspension = Revenue Decrease = Bank Dip = Crossed Buying to Glove !!

Experience will tell you this !!

Stock

2021-01-08 06:32 | Report Abuse

Overall review:-

EPF interested in buying again with ESG fulfillment
Crossed buying from recovery market sell off
Covid mutation in UK, may lead to potential epidemic
Vaccine faced production capacity limitation
Vaccine faced distribution issue
Vaccine had allergy effect
Vaccine do not have testing for long term side effect
Vaccine not recommended for under 16
Vaccine not recommended for pregnant mom
Covid to spike from now till end of Feb
ASP for glove to rise 20-30% in this quarter
Order in hand for FY21 and FY22 still in tag
Record breaking RM 3.5B PAT coming QR
Additional 10% capacity in the coming quarter
Worker act issue and accomodation to be settle this month
US Ban in final discussion, expected to be resume export in Jan
Management continue to buy in and provide support line
Glove demand expected to rise by 20-30% in FY21
Divident at least 8% for FY21 with the current price

Stock

2021-01-08 06:32 | Report Abuse

TG next quarter review:-

ESG fulfillment will prompt EPF acquisition
Additional 10% capacity = Increased Revenue
ASP to rises 20-30% = Approximately RM 3.5Billion PAT
Worker Accomodation to be settled in Jan
US Ban in final stages of discussion, should be lifted in FY21Q2
Demand for glove expected to rise 20-30% in FY21
Remained as a safe haven from political uncertainy
Remained as favourite to capitalise in Covid spike
Next dividend should be more than 16.5sen due to increased Revenue and PAT

Stock

2021-01-08 06:31 | Report Abuse

6 Jan 2020 Top Glove AGM Summary
1. ASP in Q2FY21 is expected 30% higher than Q1FY21. The whole industry players in gloves manufacturing agreed that the ASP will remain strong for year 2021.

2. Delivery period increase from 30~40 days previous to 560 days and 370 days for nitrile and natural rubber gloves respectively. Note: Nitrile and natural rubber gloves comprises of around 90% of Top Glove revenue in FY20.

3. US gloves stockpile reduced from 16.9 billion pieces to 2 billion pieces in October 2020.

4. Some Top Glove customer stockpile for gloves reduced from 2~3 months to 1~2 weeks.

5. Top Glove is exporting gloves to 195 countries currently.

6. Top Glove has enough raw material for continuous manufacturing of gloves.

7. Top Glove expects new players in gloves manufacturing facing issues from factory installing, workers and raw material issues.

8. Dividend payout for Q2, Q3 and Q4FY21 will be 70% on PATAMI.

9. Reason for share buyback (SBB) is because Top Glove thinks their company is undervalued at the purchased price and expects better return than putting into FD which gives 2% only. The amount of SBB is only 2.15% from the allowed 10% threshold.

10. Top Glove has 4 billion cash as of 31 Dec 2020.

11. US Border issues will be resolved when the independent international consultant verified the hostels and accommodation meets the required of Workers Housing Act 446.

12. All Top Glove factories that has been affected by Covid-19 lockdown has been resumed operations as of 20 Dec 2020. The lockdown is expected to impact 4% of the total revenue and profit.

13. Top Glove is spending 100 million for next 3 years to build hostels for 7300 workers and using 95 million to acquire new apartments for 2700 workers.

14. Top Glove is moving towards automation direction which previously 1 million gloves need 8 workers and now only 1.6 workers.

15. Top Glove current factory utilization rate is 95%.

16. Malaysia will remain the focus ground of gloves manufacturing activities at the same time expanding their existing foreign manufacturing plant.

17. Top Glove Hong Kong listed is expected around mid 2021.

18. Top Glove aims to achieve Fortune500 by 2035 with an expected CAGR of 20%. Note: Top Glove current CAGR is 28%.