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Stock
2021-01-07 20:59 | 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
2021-01-07 20:57 | Report Abuse
Just in case, you missed the AGM details ~~
Stock
2021-01-07 20:57 | 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%.
Stock
2021-01-07 20:55 | Report Abuse
Bare in mind crossed buying is foreseeable and with the political uncertainy, people will rationalise with PL statement ~~ And guess who will be the biggest performer in FY21...
Stock
2021-01-07 20:53 | Report Abuse
Who care about shorting glove ?? When you have recovery market in a lock down theme !! Time to fly tomorrow ~~ Foresee breaking 7 within next week ~~
Stock
2021-01-07 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 tomorrow !!
While essential products like food, medical and PPE thrived !!
Stock
2021-01-07 17:15 | Report Abuse
Lock down liao ~~ Jia lat !!
Stock
2021-01-07 17:14 | 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
2021-01-07 17:07 | 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%.
Copied and Pasted from a valid source~~
Stock
2021-01-07 17:06 | 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 RM5.760 = RM 1,408,942
Trust this chart tell everything ~~
Still a millionaire !!
Stock
2021-01-07 17:06 | Report Abuse
The fact is Covid 19 cases continue to spiked in 2021 and the vacination proccess unable to cope with. Glove demand expected to soar and faced shortage till March at least. Guess which sector will thrive during all of this ?? You got a record breaking FY21 ahead and order already in hand... even the not so smart know to invest in glove!!
Beside RSS set to resumed in 2021, Trust the most effected would be the recovery market when optimism ran short and reality set in. When people realise that the market will need longer time to recover and the figure in the statement does not justify the price. Crossed buy will happen, where do you think they will transfer the fund too?? The safe haven remained in glove industry!!
Last but not least, Nay Sayer had been really active now, which can only mean they are desperate to come in!! They also know the glove sector will be really attractive in FY21 and will try their best to come in cheap at the expense of weak share holders!! In order to buy cheap, someone need to sell cheap, right ??
Stock
2021-01-06 20:18 | Report Abuse
High Dividend, Record Breaking Revenue & Profit, Management SBB, High Cash Flow, Assured orders in hand for the whole year, Assured product demand for the next few quarters!!
So more what you want ?? All the good indicators matched !! This is the best senario for any company !!
Stock
2021-01-06 20:06 | Report Abuse
The fact is Covid 19 cases continue to spiked in 2021 and the vacination proccess unable to cope with. Glove demand expected to soar and faced shortage till March at least. Guess which sector will thrive during all of this ?? You got a record breaking FY21 ahead and order already in hand... even the not so smart know to invest in glove!!
Beside RSS set to resumed in 2021, Trust the most effected would be the recovery market when optimism ran short and reality set in. When people realise that the market will need longer time to recover and the figure in the statement does not justify the price. Crossed buy will happen, where do you think they will transfer the fund too?? The safe haven remained in glove industry!!
Last but not least, Nay Sayer had been really active now, which can only mean they are desperate to come in!! They also know the glove sector will be really attractive in FY21 and will try their best to come in cheap at the expense of weak share holders!! In order to buy cheap, someone need to sell cheap, right ??
Stock
2021-01-06 20:04 | 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 RM5.760 = RM 1,408,942
Trust this chart tell everything ~~
Still a millionaire !!
Stock
2021-01-06 20:03 | 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%.
Copied and Pasted from a valid source~~
Stock
2021-01-06 18:20 | Report Abuse
With political uncertainy ... which sector do you think shortie will play ?? Today already shown you ... Dont be naive and think TG or Glove is the only target~~
Trust you only talk the way you talk because you want come in cheap !! The only way to buy cheap is that someone sell cheap, right?? !! Pitiful ~~
Stock
2021-01-06 18:11 | Report Abuse
TOP GLOVE - AGM (From Telegram Message)
1) Compounded increase - It means that this current quarter and next quarter will also increase by 30% for each quarter;
(i) 1-3 month increase by 10% every month;
(ii) 4-6 months increase by another 10% every month;
2) Illustration: - Assuming last quarter's selling price was at USD80 for normal order, it will be selling now at: -
(i) January (+10%) = 88usd
(ii) February (+10%) = 96.80 usd
(iii) March (+10%) = 106.60 usd
(iv) April (+10%) = 117.20 usd
(v) May (+10%) = 129.90 usd
(v) June (+10%) = 143 usd
3) Hence, from USD80, it will increase till USD143 per ctn = 58% increased;
4) For Spot Order, the increase will be more severe. Assuming last quarter's selling price was USD120, the increased will be by 58% = USD189.60 per ctn!
Copied and Pasted from a valid source ~~
Stock
2021-01-06 18:10 | 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%.
Copied and Paste from a valid source~~
Stock
2021-01-04 14:13 | Report Abuse
I am going to off my com until AGM !! Leap of faith !! Tag out
Stock
2021-01-04 07:38 | Report Abuse
Reminder:-
This week is Top Glove Annual General Meeting !!
Old timer will know there is always great news announcement in AGM !! Therefore, this week definitely an up and up week ~~
Beside if the price really dip this week then Tan Sri and his management team would have a difficult time facing all the subtantial shareholders during the AGM... so do you think they will let the price fall ??
Stock
2021-01-04 07:37 | Report Abuse
FYI... in case you worried about the gloves demand will dropped after Covid & Top Glove after the “supernormal profit”
https://www.klsescreener.com/v2/news/view/773059/glove-makers-in-for-a...
Stock
2021-01-04 07:36 | 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 RM6.120 = RM 1,497,000
Trust this chart tell everything ~~
Stock
2021-01-04 07:36 | Report Abuse
Please dont be mistaken about glove demand !! If you dont read the news, you better dont buy share ~~
https://www.thestar.com.my/business/business-news/2020/12/17/global-de...
https://www.nst.com.my/business/2020/12/651655/global-rubber-glove-sho...
https://www.theedgemarkets.com/article/covid19-rhb-says-vaccine-deploy...
https://www.globenewswire.com/news-release/2020/12/16/2146280/0/en/Glo...
Stock
2021-01-04 07:35 | 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
2021-01-04 07:35 | 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
2021-01-04 07:35 | Report Abuse
The fact is Covid 19 cases continue to spiked in 2021 and the vacination proccess unable to cope with. Glove demand expected to soar and faced shortage till March at least. Guess which sector will thrive during all of this ?? You got a record breaking FY21 ahead and order already in hand... even the not so smart know to invest in glove!!
Beside RSS set to resumed in 2021, Trust the most effected would be the recovery market when optimism ran short and reality set in. When people realise that the market will need longer time to recover and the figure in the statement does not justify the price. Crossed buy will happen, where do you think they will transfer the fund too?? The safe haven remained in glove industry!!
Last but not least, Nay Sayer had been really active now, which can only mean they are desperate to come in!! They also know the glove sector will be really attractive in FY21 and will try their best to come in cheap at the expense of weak share holders!! In order to buy cheap, someone need to sell cheap, right ??
https://www.wsj.com/livecoverage/covid-2020-12-31
https://www.thestar.com.my/news/nation/2020/12/31/covid-19-record-high...
https://www.nst.com.my/business/2020/12/651655/global-rubber-glove-sho...
Stock
2021-01-03 20:27 | Report Abuse
Glove is still the most profitable industry for FY21, sooner or later the fund will be back !!
Beside, RSS is starting next week !! Guess which sector they target the most on ... Do they target on the most profitable sector ?? Or do they target on the sector that based their optimism on vaccine success ?? And with Vaccine unable to cope with the rising covid variant cases and that a potential global lockdown again... Plus the long term side effect of the vaccine is still unknown !! The recovery market is not looking that good~~
Stock
2021-01-03 20:05 | Report Abuse
If TG cannot sustain profitability... then how come the share price can sustain the chart above ??
Between those who bought 2 lots from the start, had became a millionaire now !!
Stock
2021-01-03 20:03 | 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 RM6.120 = RM 1,497,000
Trust this chart tell everything ~~
Stock
2021-01-03 19:54 | Report Abuse
Reminder:-
Next week is Top Glove Annual General Meeting !!
Old timer will know there is always great news announcement in AGM !! Therefore, next week definitely an up and up week ~~
Beside if the price really dip next week then Tan Sri and his management team would have a difficult time facing all the subtantial shareholders during the AGM... so do you think they will let the price fall ??
Stock
2021-01-03 19:25 | Report Abuse
Trust next TG AGM will address the ASP for this quarter which is expected to rise about 30% compare to last quarter !!
Last quarter RM 2.4B PAT X +30% = RM 3.14B PAT this quarter !!
Stock
2021-01-03 19:22 | Report Abuse
Last lockdown, glove up or down ? Bank up or down ? Gas and Oil up or down ? Can you tell me ??
Stock
2021-01-03 19:17 | Report Abuse
Regardless lockdown or not, The covid case definitely up and the glove demand is more than the supply can handle = higher ASP and more profit for glove manufacturer!!
Stock
2021-01-03 19:14 | Report Abuse
Anyone learned anything from the last lockdown ??
Lockdown = demand down = Brent down = recovery market down !!
Only PPE up because hospitalisation up due to covid spike !!
Stock
Stock
2021-01-03 19:06 | Report Abuse
Next week is Top Glove Annual General Meeting Week !!
Old timer will know there is always great news announcement in AGM !! Therefore, next week definitely an up and up week ~~
Beside if the price really dip next week then Tan Sri and his management team would have a difficult time facing all the subtantial shareholders during the AGM... so do you think they will let the price fall ??
Stock
2021-01-03 16:40 | Report Abuse
FYI... in case you worried about the gloves demand will dropped after Covid & Top Glove after the “supernormal profit”
https://www.klsescreener.com/v2/news/view/773059/glove-makers-in-for-a...
Stock
2021-01-03 16:40 | 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 RM6.120 = RM 1,497,000
Trust this chart tell everything ~~
Stock
2021-01-03 16:39 | Report Abuse
Please dont be mistaken about glove demand !! If you dont read the news, you better dont buy share ~~
https://www.thestar.com.my/business/business-news/2020/12/17/global-de...
https://www.nst.com.my/business/2020/12/651655/global-rubber-glove-sho...
https://www.theedgemarkets.com/article/covid19-rhb-says-vaccine-deploy...
https://www.globenewswire.com/news-release/2020/12/16/2146280/0/en/Glo...
Stock
2021-01-03 16:38 | 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
2021-01-03 16:38 | 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
2021-01-03 16:37 | Report Abuse
The fact is Covid 19 cases continue to spiked in 2021 and the vacination proccess unable to cope with. Glove demand expected to soar and faced shortage till March at least. Guess which sector will thrive during all of this ?? You got a record breaking FY21 ahead and order already in hand... even the not so smart know to invest in glove!!
Beside RSS set to resumed in 2021, Trust the most effected would be the recovery market when optimism ran short and reality set in. When people realise that the market will need longer time to recover and the figure in the statement does not justify the price. Crossed buy will happen, where do you think they will transfer the fund too?? The safe haven remained in glove industry!!
Last but not least, Nay Sayer had been really active now, which can only mean they are desperate to come in!! They also know the glove sector will be really attractive in FY21 and will try their best to come in cheap at the expense of weak share holders!! In order to buy cheap, someone need to sell cheap, right ??
https://www.wsj.com/livecoverage/covid-2020-12-31
https://www.thestar.com.my/news/nation/2020/12/31/covid-19-record-high...
https://www.nst.com.my/business/2020/12/651655/global-rubber-glove-sho...
Stock
2021-01-03 12:50 | Report Abuse
Sienzz ... better go have lunch ~~ tag out !!
Stock
2021-01-03 12:48 | Report Abuse
I see you active both mah ...so i follow you and see lo ... who know your so hai way .... SO so hai .... wakaka
Stock
2021-01-03 12:46 | Report Abuse
Situation change, people change !! Unless you are keyman... he just dont change ... Die also dont change !! No wonder mati katak !! Kesiannya ...
Stock
2021-01-03 12:43 | Report Abuse
Wakaka ... latest govt got U turn or not ?? So you dont trust latest govt ?? Mampus liao ... I think keyman need to migrate ...
Stock
2021-01-03 12:42 | Report Abuse
Lets go to TG la ... copy and paste both forum ...very so hai !! maybe this is your so hai way !!
Stock
2021-01-03 12:41 | Report Abuse
I move on mah ... keyman no move on mah ... so understand ?? or are you still confuse ?? NVM i come out $$ for you to see a brain soc to make you more clever .... hehe
Stock
2021-01-03 12:41 | Report Abuse
Come lets debunk the old news :-
Budget passed without windfall tax - done deal !! no worries
TG Ipoh to face Saman and suspension - do you see any news ?? Consider goner !!
Management fund run short for sbb and epf selling - We all know management is still buying and EPF bought back 9mils
Vaccine deployment- Hai ya ... you know I know this will last till 2022 and beyond so glove still in high demand!!
So keyman ... you can move on liao mah ?? or you want to stuck in your old story and continue your sad life !! Wakaka ...
Stock: [TOPGLOV]: TOP GLOVE CORPORATION BHD
2021-01-08 06:30 | 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 !!