Dont forget to add in dividend deduction !! So the price should:-
RM 1.166 - 16.5 sen = RM 1
So wait for RM 1 ....
wakaka

Just bonus issuance will already make you rich... not forgeting the dividends as well as which is not factored in !!

TopGlove IPO price RM2.70 March 2001

2,000 units = 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

Cut and paste this from a loyal supporter ~~
All the long term holder is laughing their way to the bank !!

Think who pump the recovery market !! IB had the share in hand and time for them to dump to capitalise the the first time and then initiate their Shortie to capitalise twice !!

Trust RSS will hit recovery market really hard !! The last couple of month, it was pumped higher than ever, now it is time for it to normalise ~~ Guess where the fund going to go~~ Crossed buying indicated ~~

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

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

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...

In addition, Next week AGM ... For sure, got great announcement !!
Looking for a Limit Up Next Week before the AGM

PETALING JAYA: The average selling prices (ASP) of rubber gloves are still on the upward trend and glove companies’ profits will be strong in the year ahead, said TA Research.

This trend of rising ASPs could continue to persist until May 2021, it said, reiterating its “overweight” rating on rubber glove makers.


“The daily Covid-19 case count continue to climb and the upcoming flu season in the US (December-February) is expected to support ASP and demand, ” TA Research said in a report.

It noted that all glove manufacturers have already sold out their capacity for 2021 and orders are currently building into the following year. TA Research expects Top Glove Corp Bhd’s nitrile gloves spot prices to increase a further 10% in January 2021.


“Top Glove’s spot prices for nitrile gloves are hovering at US$140-US$150 per 1,000 pieces for the period of February-May 2021, as compared to US$100 in November 2020, ” it said.


For latex gloves, it is expecting ASPs to increase by 5% every month, going forward.

https://www.thestar.com.my/business/business-news/2021/01/01/robust-outlook-for-healthcare-sector

Expected shark and IB to come in next week before AGM !! Time to fly and limit up !!

gLOVErs ... You MIA so long !! You already sold ?? Time to buy back !! RSS coming for recovery market, SO crossed buying is expected!! Beside AGM coming ... I got wind sound saying that very good news is going to be announced !!

Telling you the news and facts ... also kena accused of pretending !! What you you want lo ?? Or are you like Trump still live in his own bubble and dont accept losing the election !!
Very tired convincing people like you ... dave !! You can continue to live in your own bubble and talk nonsense la ...

Nvm dave, pls go vaccinated!! Be the first volunteer and let us all know in a few months ~~ Be the solo hero !!

Only evil minded people will think that way !!
Why Dave ?? You think that way ?? Black hearted !!

I am just telling you the fact and the news just in case you overlook it !! But again, you only see thing your way and missed the whole picture !! So happy to let you know ~~ wakaka

Dont get me wrong!! But i think we need more gloves in FY 21!!
Time to put in more $$ in TG so that they will have more capital to produce more gloves to save the world from this pandemic !!

Seem like the vaccine maunfacturer is really not confident about their products...
Lawsuit immunity in UK too!!
If you got side effect or dies from the vaccine, you will not be compensated or you cannot sue the company or government!!

https://www.independent.co.uk/news/health/coronavirus-pfizer-vaccine-legal-indemnity-safety-ministers-b1765124.html

Matter of time when this vaccine hope thingy become a fake news thingy !!
Just started already sound very fishy ... what happen a few months down the road when vaccinated people got side effect and dies ...
Another disaster, then we will need to develop another vaccine to treat this people !!
Or maybe this is another scammer scheme from all this vaccine manufacturer, So and so they can earn more $$ from another vaccine !!! Evil corporation tactic !!

Lets all the false hoper go vaccinated first !! If they dont come back here in a few months and nay saying ... We know what happen to them !!

With no long term side effect testing, even the vaccine manufacturer do not want to take legal obligation on their own product!! That tell you how safe is the vaccine !!

https://www.cnbc.com/2020/12/16/covid-vaccine-side-effects-compensation-lawsuit.html

Who would like the covid to rise lo ... I hope it will dispear !! I am worries about my family and friend !! But I know by hoping it wont disapper magically !! So I became proactive ... By buying glove, i indirectly helped to fight the virus ... it give the frontliner the protection needed to treat the infected !!

Only people like you who dont think far enough, got brain washed ... that contribute nonsense everywhere !!

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...

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 by end month
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

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

In between, Who is black hearted ?? when someone invest in a sector that help to protect people from the covid ?? Or when someone ask people not to invest in the sector that provide protection from covid ?? who is black hearted again ??

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-of-2525-cases-on-new-year039s-eve-eight-deaths

https://www.nst.com.my/business/2020/12/651655/global-rubber-glove-shortage-last-beyond-march-2022

Those smart investor who want to play safe had placed their bet on glove industry again instead of recovery market!!
It is up to you to choose whether to be safe or take the risks!!

Not forgetting that the long term side effect of the vaccine is still unknown !! You never know, it might be cancerous or it may develop an unknown symptom !! It would be disastrous ~~ In the end, the trial only goes a few monthes!! You dont know what will happen in a year and beyond after vaccination!! That is why it is only approved for emergency use, which mean govertment and vaccine manufacturer will not take any legal obligation when things turn bad !!

I believe your dream will need to wait for a bit longer especially with the AGM next week!! Trust the management will not let the price drop further till the AGM as they will need to face all the subtantial share holders!! For the old timer, they know AGM always present good news that will spike the share price ~~ So get ready to limit up next week !!

It is not that funny when EPF bought because we are used to it !! What is funny is that you are so desperate for the price to drop below 6!! Everyday for the past few months, we got people like you dreaming for that to happen!! Got to say, it was so close last Tuesday, before it when up again ... wakaka so near but yet so far !!

Tag Out!!

Happy New Year in advance ~~ Regardless of differences, we worked hard for our own objectives with due respect !! So to all the opposers, if you feel offended !! Just take it easy and thanks for your participation !!

Kesian happy day !! Wont go red still dont know ~~ so hai kia is so hai kia !! What to do!! so hai mah !!

Next AGM !! Trust the management will not let the price fall ...Otherwise, they wont have the face to see the shareholders!!
Just like you go to see your boss, of course need to present good news and results ... if not, later kena shoot kaw kaw !!
So next week another good week for TG !!

No wonder ... no balls to buy at this price la ... grandpa mah , no more balls to buy at market price ... only want cheap cheap !! wakaka

Repeat and repeat ... not sienz meh ?? Happyday... how old are u ?? u sound like a grandpa ... repeat and repeat non stop !! sibeh ...

Ok la ... you want 4 issit !! I sell it to you la personally... You just need to wait !!
Wait long long ... wakaka begger can always wait, right ??? Wait until your durian fall !!

SO Desperate happyday !! wakaka

Up, up and away liao ... everyone prepare for AGM next week !! Let huat together ~~

Another target price trick again ... tp 5, tp 4 , tp 3 ... if you so good arr, you would be doing analysis for IB already !! And not here sinkalin !!

Sienzz liao ... no competition here ~~

your loser, crying, cheat or paper loss trick getting boring le ... always the same sentence !! like that how to con people ... pls la be more creative le ...

Alamak ... price up again arr ?? no wonder ... most nay sayers go silent !! Cannot con people liao ... better save effort !! wakaka ... Go back to school and learn more tricks la...

Happyday ... so shivering horrr !! wakaka the most active today ?? Why la?? Fear of missing out on something arr ?? It should be normal for you ... You can only afford penny stock but come to TG !!

Haizz with AGM next week !! You think the management will let the price drop kaw kaw meh !! Later where got face to see all the shareholder !! Pls la be logical !!
Some more... there is always good announcement during AGM !! Maybe special dividend or another RM 1 B for sbb ... you never know, it might happen !!

Very curious !! continuously begging from 9am to 5pm ... psycho here and there ?? Got buy in or not ?? Dont LPPL ... put in effort and no outcome !! wkaka

Record breaking glove demand and ASP for FY21 !! No wonder, naysayer so desperate to psycho in order to come in !! Want to buy bangalow but can only afford flat ... hai yah !! Pitiful begger ~~

Wakaka .... being commander feel good !! the freedom ~~

Pls la ... if the naysayer earned alot, you think they are so free here typing their keyboard arr ... they would have been busy shopping for their toy already !!! They are here only because they want to psycho people to sell low so that they can come in !! Pitiful ... everyday psycho, still end up with nothing ~<