Even Mah Sing I also very sceptical.....lol

How many of these so called new entrants will really go into production eventually?

I will say more than 80% of them (especially those penny stocks belong to the same syndicate group) will not.....solely to goreng their share prices to capitalise on the glove party.

Let's c.

Estimated Fwd PE of TG (basing on current price of Rm5.24)

CY2021 = RM12.503 billion (EPS RM1.52 PE 3.44)

CY2022 = RM5.844 billion (EPS RM0.7 PE 7.48)

CY2023 = RM3.097 billion (EPS RM0.37 PE 14.16)

CY2024 = RM2.319 billion (EPS RM0.28 PE 18.7)

CY2025 = RM1.572 billion (EPS RM0.19 PE 27.6)


Anyway, PE can be fm 1 to 100.....it's merely maths. lol

Posted by spectre007 > Mar 1, 2021 2:39 AM | Report Abuse

At rm5 for first time investors or even those adding for long term holding, it is cheap. Considering an estimated dividend of 70 sen for fy21 and say 50sen for fy22, your cost will be around Rm3.80. In 5 years time TG is going to be double in size, whether by way of production capacity or by way of enterprise value. Any hiccups during these 5 years will not be significant. Its the end result I look at which is double the size of what it is today at the very least. As such, by fy25, the price will not be what it is today. My 2 cents

I shared yr thought. TG is relatively safer as compare to other glove co as its backed by the high DY.

CY2021 = RM12.503 billion (70% DY: estimated another Rm0.70 div)

CY2022 = RM5.844 billion (50% DY: estimated div ard Rm0.35)

CY2023 = RM3.097 billion (50% DY: estimated div ard Rm0.26)

CY2024 = RM2.319 billion (50% DY: estimated div ard Rm0.20)

CY2025 = RM1.572 billion (50% DY: estimated div ard Rm0.13)

Total estimated div : RM1.64. SO yr net cost (rm5.24-RM1.64) will be Rm3.60. Basing on estimated profit of RM1.572B in FY2025 (Eps RM0.19), fwd PE then will be ard 19.

The above has yet to take into consideration of the 15% additional share issuance for HK listing.

U can kindly recommend some...

Cheap or not cheap up to u to decide..

Basing on the predicted profit of rm1.5B+ FY 2025 or EPS ard rm0.20, at current price of rm5.20+ TG is traded at fwd PE 26+

stock mkt is fun....u will see

Nevertheless the current valuation of TG is not expensive

Personally i think glove co have reached bottom for this round...

If i m not mistaken the same few analyst were very bullish on Glove during End 2020 too....lol

I dont like to whack on this again...but really cannot stand such a silly comment fm an experienced investor in I3...

U never see anybody wearimg glove for the past 12 months except dishwashers

So all their sales r fake? All their profits their cash in balance sheet n their div r fake? Covid 19 is fake also basing on the same logic?

What happen to all the seniors I3?

Icon8888 is missing....Sifu Up_Down is missing too...

Kyy is the same old crook...

If prices back to IPO level maybe few cents....lol

If prices back to SARs level 2003 i think below rm0.50...

If he goreng u make....if U kena goreng U lose loh.....just like big n small...dont talk cock on their FA etc

Just like Tan Hua CHoon's NIshin

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3133677

Naysayers? U sure what cock u talk ah?

Eddie Chai's Co is 101% for goreng.....

As for Supermax,it seems Ah Thai prefers to buy Condo n build plants in US io paying div....so my love is with Ah Chai this round

After getting Div of Rm1+ this 2 years if price drop to pre Covid 19 level as per yr wish I also boh pian....lol

Feb 16, 2021 10:24 PM | Report Abuse

Frankly speaking, for the last 12 months, I never see anyone wearing gloves. Not even one, beside those dishwashers..

I see TG's cash in their Balance Sheets (unless its all is as real as in Xinquan's bank ac lah)..

And I will see their div every Q also (DY 70% for 2021)...Ah Chai dont con me ah

I will tell u whether the money is real or not when I see them later

assuming 50% of the world population are males...meaning to say ard 3.9B are males...

I assume u dont see most of their cocks too but it doesnt mean the 3.9+B cocks are not there

I have to confess that i am as annoyed as seeing KYY's rubbish when i see yr above comments

Jan 25, 2021 5:37 PM | Report Abuse

there are only 7.8 bil human beings in this world. When was the last time you ever wear a glove?

Do U know more than 90% of the gloves are for exports?

Even so, Mat Salleh dont wear glove in their streets also...

Posted by gohkimhock > Feb 27, 2021 11:44 AM | Report Abuse

Yes, the profit was growing all these 18 years, but it had also reflected in the share price too

So? price of TG will have to go back to pre Covid 19 level??????

Sometimes I dont undertand yr logic at all...

Just like u claimed u never see people wearing gloves in the streets of Msia.......lol

Gohkimhock,

All glove's profit r still growing fm 2003 till today right?

So what do u meant by back to pre covid 19? U meant their profit right? Or their prices will be back to pre covid 19 level, say ard RM2+ for TG (Rm2+x3= Rm6+)??

Reminded me of the Y2K party in 2000 when MPI was ard rm80+ n Unisem was ard rm40+....

The rest is history.

Buying TG at current level is still relatively safer than mamy other stocks in Bursa now..especially tech stocks....

Will TG's profit ever go back to pre covid 19 level????

Check their historical annual profit since SARS 2003 u shall hv a better ideal..

I believe i can fly

Considered quite a good beginning

Yr maths very pandai...can teach maths in kindergarden

Can buy chicken rice

I think the oldman got dementia....wrongly repost an old article in Nov

Congrates 0.38...lower than the syndicate's buy call level

One year annivesary after sifu icon8888 missing fm I3??

be careful of penthouse

alternately buy 2 weeks b4 each Q reporting day....if u r lucky u can get jackpot like MSM ytd

U will finally see it......

Hopefully one day in the near future we shall see a same pattern in Pos

abang_misai Haha. I bought 300k@0.86 at the same day. Tot fund manager was selling.

Posted by oldchinaman > Feb 26, 2021 12:14 AM | Report Abuse

today i sold 1.5 million share @ 86c ( cost 99c)
Then bought 1.1million share MSM @ 85c
26/02/2021 6:14 AM

I bought MSM at 0.70+ ytd....can cover my loss in Pos.....lol

Once they are able to post a profitable Q result may play magic like MSM.....

Losing money for 2 to 3 years and suddenly post good q results n limit up...lol

anyway it's mainly controlled by the Big Boss....can how high they wanna fly

Yeap...but still mostly for domestic consumption

controlled item right?

actually is sugar price increase good or bad for MSM? Cost of raw materials increases...unless Government allows them to increase their selling prices

can touch 1.50 u also can thank you TPK

nah

1 cent more possible

I think still alive

Seems many r jealous of him in i3 n in FB....lol

Calvin still alive meh?

U never know..mayb oldman enjoys being cucuk leh...if not why would he post the same rubbish here everyday...

Kena margin call n forced sell?