I see it as an opportunity to cause panic to the market When there is a massive selldown in gloves, people tend to panic sell of gloves and go into pharma. They jack up pharma purposely. Then they quickly buy cheap gloves fast. As they control the volumes. they control the price too :))))

https://www.theedgemarkets.com/article/pharmaniaga-duopharma-rise-204-... Khairy told reporters at Parliament yesterday that Prime Minister Tan Sri Muhyiddin Yassin has agreed for the facilities of the two companies to be utilised for that purpose, noting that the main challenge for the production of the vaccine is the finishing process.

"We will be purchasing the vaccine overseas, either from China, the US or the UK, in bulk, and we will be doing the bottling process here," he said.

Asked on the cost of investment needed to prepare and operate the fill and finish facilities, initial discussions with Pharmaniaga and Duopharma showed that there will be "minimal investment" needed, the minister noted. Just buying and repackaging vaccine. No new innovation from our listed pharmaceutical companies. I think our Malaysian investors lack understanding of company fundamentals.

On the other hand a huge organisation like Petronas Chemicals who suffered massive losses in their profit are venturing into the gloves business to diversify income. https://asia.nikkei.com/Business/Business-deals/Malaysia-s-Petronas-an...

https://www.theedgemarkets.com/article/pharmaniaga-duopharma-rise-204-and-122-respectively-morning-trade-covid19-vaccine-news Khairy told reporters at Parliament yesterday that Prime Minister Tan Sri Muhyiddin Yassin has agreed for the facilities of the two companies to be utilised for that purpose, noting that the main challenge for the production of the vaccine is the finishing process.

"We will be purchasing the vaccine overseas, either from China, the US or the UK, in bulk, and we will be doing the bottling process here," he said.

Asked on the cost of investment needed to prepare and operate the fill and finish facilities, initial discussions with Pharmaniaga and Duopharma showed that there will be "minimal investment" needed, the minister noted. Just buying and repackaging vaccine. No new innovation from our listed pharmaceutical companies. I think our Malaysian investors lack understanding of company fundamentals.

On the other hand a huge organisation like Petronas Chemicals who suffered massive losses in their profit are venturing into the gloves business to diversify income. https://asia.nikkei.com/Business/Business-deals/Malaysia-s-Petronas-and-LG-Chem-to-build-glove-material-plant2

Big players really want to collect as low as possible and maximise the profit as much as possible after BI

Big players really want to collect as low as possible and maximise the profit as much as possible after BI

No point for any government official to rush a vaccine. Always better to release a vaccine which is tried, tested and reliable with scientific based evidence. All these vaccines being rushed smells of political propaganda in order to stay on with power. Nothing really beneficial if the vaccine fails to work. In fact these rushed vaccines can cause Covid 19 to mutate and spread even faster as a result of failure in testing!

No point for any government official to rush a vaccine. Always better to release a vaccine which is tried, tested and reliable with scientific based evidence. All these vaccines being rushed smells of political propaganda in order to stay on with power. Nothing really beneficial if the vaccine fails to work. In fact these rushed vaccines can cause Covid 19 to mutate and spread even faster as a result of failure in testing!

Yes good news guys

I see it such that Top Glove has a slight advantage over Supermax on the bonus issue part. Price of TG will be divided by 3 compared to Supermax divided by 2. TG open for trading on 7th Sept compared to Supermax on 8th Sept after bonus issue. On the morning of 7th Sept at 9am, Top Glove will be the cheapest share among the big four counters. Just a quick sharing. Based on the current share prices of course :)

No worries about any vaccine introduced by any country in the world. Gloves are needed with or without vaccines. Esceram has good business!!

https://www.archyde.com/covid-19-the-fear-of-a-shortage-of-surgical-gloves/. Thanks to @probability

Drop to 0.065 :(((((

I hope Bornoil can limit up these few days

Bornoil still sleeping. Haiz....Getting fed up

We need to promote this counter. People are not aware of it. Even Warren Buffet is investing in a gold mining company. Severely undervalued at RM0.07!!

TO price?

https://www.bloomberg.com/news/articles/2020-08-17/malaysia-readies-steps-for-orderly-stock-market-on-record-volume

https://www.bloomberg.com/news/articles/2020-08-17/malaysia-readies-steps-for-orderly-stock-market-on-record-volume

Moving upwards. Most healthcare counters :)

https://www.malaymail.com/news/money/2020/08/16/bursa-records-net-foreign-buying-after-25-weeks/1894392?utm_term=Autofeed&utm_medium=Social&utm_source=Facebook#Echobox=1597547652

@yttihs, please add me into the group. Thanks

Haiz....people just panic everywhere. Calm heads always solve the problem!!

@publicinvestor4444, the circuit breaker is in effect until end January 2021. Maximum limit up 30% and limit down 15%. Everyone in i3 forum should not decide based on what you read from unverified sources.

Anyway this is from April to June 2020. Moving forward we will improve. I see no reason to sell glove stocks or even healthcare counters. I only see people who panic for no reason and get blinded by others who like to create panic. Stay calm!

ECONOMIC AND FINANCIAL DEVELOPMENTS IN MALAYSIA
IN THE SECOND QUARTER OF 2020
The Malaysian economy registered a contraction in the second quarter of
2020, due to sudden stop in activities in April 2020
The Malaysian economy contracted by 17.1% in the second quarter of 2020
(1Q 2020: 0.7%). The decline reflected the unprecedented impact of the
stringent containment measures to control the COVID-19 pandemic globally
and domestically. In Malaysia, the nationwide Movement Control Order (MCO)
included various measures that restricted production and consumption
activities. This resulted in demand and supply shocks that emanated not only
from significantly weak external demand conditions, but also production
constraints in many economic sectors. Additionally, there was a marked decline
in tourism activity due to international border closures and restricted interstate
travel. On the supply side, most economic sectors registered negative growth,
while most expenditure components declined. On a quarter-on-quarter
seasonally-adjusted basis, the economy contracted by 16.5%.
During the quarter, headline inflation was at -2.6%, mainly due to substantially
lower retail fuel prices compared to last year and the tiered electricity tariff
rebate. Core inflation moderated slightly to 1.2%.

https://www.bnm.gov.my/index.php?ch=en_press&pg=en_press&ac=5093&lang=en

@yangkwang99, when Top Glove's stellar results were announced around 12:30pm on 11th June 2020, the share price peaked for 1 or 2 mins to RM18.00 from 2:30pm to 2:32pm. Then the share price remain depressed. The lowest it dropped to was RM14.02 in the morning of 19th June 2020, Friday. Then, the price started moving upwards and the last peak it reached was 7th Aug 2020, RM29.30 in the evening. Now the price has fallen again to RM24.80. All I can say is that COVID 19 is not over and getting worse. Demand for gloves will continue to increase. Top Glove remains a great company to invest in as the earning potential is upside for the next few quarters even with the US CBP ban. Hold tight and believe in TOP GLOVE :)

Great news

@limkokthye For the share price to be 0, the owners must sell all their shares. They are the majority shareholders. Are they going to fire themselves?? Why are they buying Top Glove shares in huge volumes past few days???

Other countries got gloves stocked up in their warehouses???

Why sell so fast? Covid 19 0 cases daily? Glove companies out of business already? When you administer vaccines you do not need gloves? How sure are we even if vaccines are out it will work 100%?

Yes Top Glove directors are on a buying spree. Many shares were bought at a price of more than RM27. It shows sign of confidence. No disposal. All acquiring only.

Suddenly can go back up to RM25.70??? Supermax also above RM20??? Funny right???

Gloves are still needed with vaccine or no vaccine. Someone with a lot of shares decided to create panic while the world is still coming to terms with the Russia vaccine. People who saw the downtrend decided to follow the herd. As a result many have been slaughtered.

Same method again and again. Just that shareholder never knows when it happens

Sell, sell, sell cause everyone to panic. Then buy buy and buy push up the price....:)

Always between 0.09 and 0.095

Upward trend

Upward trend

Upward trend

https://www.theedgemarkets.com/article/hartalega-reimburse-rm40m-recruitment-fees

GoGoGo!!!!!

https://www.theedgemarkets.com/article/hartalega-reimburse-rm40m-recruitment-fees

Yes on the upward trend

@newspaperman, just 1 factory on fire and price drops to RM20???? Are you crazy?? Top Glove has so many factories...

Top Glove share price still sleeping. Hopefully can close at RM30/- by end of day

@Kwhywhy... lol...)))))))

Paktua, please add me. Telegram username is BezzaDriver.

@Yu_and_Mee, the tentative date is stated in the Top Glove bonus issue document. Check the document in Top Glove Bursa Announcement.

Any impact guys? https://www.theedgemarkets.com/article/face-mask-ceiling-price-will-be-lowered-%E2%80%94-minister

https://www.theedgemarkets.com/article/face-mask-ceiling-price-will-be-lowered-%E2%80%94-minister Any impact guys?