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2022-01-07 09:08 | Report Abuse
Lim Wee Chai's wife retires as Top Glove director
https://www.theedgemarkets.com/article/lim-wee-chais-wife-retires-top-glove-director
2021-12-29 10:53 | Report Abuse
Click this link https://www.bursamalaysia.com/market_information/market_statistic/securities
u can see daily total short selling & net short position. Every single day topglove also get shorted the most among all
2021-12-22 07:28 | Report Abuse
Shares of the world’s largest medical glove maker have erased most Covid gains
https://www.cnbc.com/2021/12/21/investing-top-glove-shares-erase-covid-gains-analysts-downgrade-stock.html
2021-12-20 11:58 | Report Abuse
Top Glove Corporation Berhad - FY22: a Gloomy Start
https://cdn1.i3investor.com/my/files/st88k/7113_TOPGLOV/pt/JF%20APEX/7113_TOPGLOV_JF%20APEX_2021-12-13_SELL_1.70_TopGloveCorporationBerhadFY22aGloomyStart_861493013.pdf
2021-12-20 11:55 | Report Abuse
Lower prices, softer demand in coming months to affect Top Glove, says HLIB
https://www.nst.com.my/business/2021/12/751704/lower-prices-softer-demand-coming-months-affect-top-glove-says-hlib
2021-12-20 11:55 | Report Abuse
Comfort Gloves quarterly net profit declines on two fronts
https://www.theedgemarkets.com/article/comfort-gloves-quarterly-net-profit-declines-two-fronts
2021-12-20 11:54 | Report Abuse
ASX-listed VIP Gloves ramps up production, undeterred by falling glove ASPs
https://www.theedgemarkets.com/article/asxlisted-vip-gloves-ramps-production-undeterred-falling-glove-asps
2021-12-20 11:53 | Report Abuse
Mah Sing gets clearances to market medical gloves in US market
https://www.thestar.com.my/business/business-news/2021/12/06/mah-sing-gets-clearances-to-market-medical-gloves-in-us-market
2021-12-20 11:53 | Report Abuse
AT Systematization unit gets nod to market nitrile gloves in US
https://www.theedgemarkets.com/article/systematization-unit-gets-nod-market-nitrile-gloves-us
2021-12-17 11:25 | Report Abuse
Despite Foreign Firm Exits, Malaysia’s Labor Issues Will Persist
https://worldview.stratfor.com/article/despite-foreign-firm-exits-malaysia-s-labor-issues-will-persist
2021-12-17 11:19 | Report Abuse
GLOVE average selling prices (ASPs) is expected to continue decline going forward, due to aggressive expansion plans from both new and existing glove makers, slower buying patterns from customers and minimal spot orders.
2021-12-17 11:17 | Report Abuse
Glove ASP to decline further on aggressive growth
https://themalaysianreserve.com/2021/12/16/glove-asp-to-decline-further-on-aggressive-growth/
2021-12-16 09:49 | Report Abuse
Many ppl so blur tht they don't realize NTA is just 0.86 so share price is overpriced?
2021-12-14 10:54 | Report Abuse
After minus everything else the net tangible assets is only 0.86 per share. If company is not profitable running into losses, how is dividend payout sustainable? Don't u think share price now 2.xx is overpriced?
2021-12-14 09:54 | Report Abuse
pdchs, the dividend payout is only sustainable if company continues to make profits but what if otherwise?
2021-12-14 09:52 | Report Abuse
I mean if company starts making losses and continue so for many quarters in future, sure cashflow is broken. If worst case have to liquadate assets, then share price is very overvalued at 2.03 over 0.86 net assets only. Am I correct?
2021-12-14 09:49 | Report Abuse
Can some unbiased old timers explain here? Tq
2021-12-14 09:48 | Report Abuse
Share price now 2.03
NTA 0.86
Short term borrowings 305,551,000
Long term borrowings 133,501,000
Cash 894,949,000
Why cash fallen so much? Where has all cash gone to?
Net assets is worth only 0.86 per share. Now share price is around 2.03 range. Is that not expensive? What if company starts making losses next few quarters?
2021-12-10 14:37 | Report Abuse
Glove is really game over this time
2021-12-06 12:15 | Report Abuse
Bankrap or bankrupt? How to spell?
2021-12-02 03:40 | Report Abuse
Sunset business struggling to survive
2021-11-30 08:35 | Report Abuse
South African doctor who first spotted the Covid omicron variant says symptoms seem ‘mild’ so far
https://www.cnbc.com/2021/11/29/omicron-covid-variant-symptoms-heres-what-we-know-so-far.html
S.African doctor says patients with Omicron variant have "very mild" symptoms
https://www.reuters.com/world/africa/safrican-doctor-says-patients-with-omicron-variant-have-very-mild-symptoms-2021-11-28/
2021-11-17 22:42 | Report Abuse
KUALA LUMPUR (Nov 17): JP Morgan which has been bearish on the glove sector since last year, has once again slashed its target price (TP) for Top Glove Corp Bhd to RM1.50 — a 67.33% discount from its current price of RM2.51 — while maintaining an “underweight” rating.
2021-11-17 22:41 | Report Abuse
JP Morgan slashes TP for glove makers to pre-Covid levels, warns market underestimating ASP bottoming risk
https://www.theedgemarkets.com/article/jp-morgan-slashes-target-price-glove-makers-precovid-levels-cites-markets-underestimation
2021-11-10 09:53 | Report Abuse
After paid makmur taxes how much cash left? Glove business still can sell more gloves? Still able to have more profits like last year? Produced so much gloves and so many competitors now everywhere
2021-11-04 06:55 | Report Abuse
Glove makers could fall off reserves list in upcoming FBM KLCI review
KUALA LUMPUR (Nov 4): The component stocks of the FBM KLCI will soon be up for its semi-annual review by FTSE Russell, following the last one done in June, and the current constituents are unlikely to change given that they have
maintained their position as the top 30 counters on Bursa Malaysia by market capitalisation.
The changes could instead be to the list of reserve stocks, which comprises the five highest-ranking non-KLCI constituents. The five currently on the list are Westports Holdings Bhd, QL Resources Bhd, Supermax Corp Bhd, Kossan
Rubber Industries Bhd and Inari Amertron Bhd.
In particular, the two glove makers on this reserves list have seen their market capitalisations decline substantially since the last review.
Supermax’s market capitalisation, which stood at RM10.5 billion on June 3, has now halved to RM5.14 billion. In the same period, Kossan’s market cap declined 35.8% from RM9.72 billion to RM6.24 billion.
Both their share prices have been trending downwards since April this year against the background of lower average selling prices (ASPs) and the normalisation of glove makers’ profits after the pandemic-driven supernormal cycle.
On top of that, Supermax’s products have been slapped with an import ban in the US amid allegations of forced labour, which does not help sentiments on the counter.
Supermax shares, which closed at RM4.01 on June 3, settled at RM1.89 on Wednesday, while Kossan’s shares have dropped from RM3.81 to RM2.44.
2021-11-03 14:54 | Report Abuse
Top Glove sits on RM860 mil paper loss on massive share buyback
https://www.theedgemarkets.com/article/top-glove-sits-rm860-mil-paper-loss-massive-share-buyback?type=malaysia
2021-11-03 06:22 | Report Abuse
Impose windfall tax on glove makers, use money for small farmers, says MP
https://www.freemalaysiatoday.com/category/nation/2021/11/02/impose-windfall-tax-on-glove-makers-use-money-for-small-farmers-says-mp/
2021-11-02 21:23 | Report Abuse
Top Glove sits on RM860 mil paper loss on massive share buyback
https://www.theedgemarkets.com/article/top-glove-sits-rm860-mil-paper-loss-massive-share-buyback?type=malaysia
2021-10-30 17:49 | Report Abuse
Topglove sure die. Maybe dividend also cut
2021-10-29 21:32 | Report Abuse
No windfall but makmur tax hahahaha this time really waterfall lor
2021-10-22 16:28 | Report Abuse
Bad news coming again....This time EU will impose ban for forced labour issue....EU more fussy
2021-10-22 09:49 | Report Abuse
With recent bad news such as sanctions by USA, it is unavoidable that foreign funds and EPF together dumping & shorting glove stocks aggressively
2021-10-21 10:45 | Report Abuse
EPF keeps selling consecutively repeately. No buying leh
2021-10-21 10:37 | Report Abuse
EPF will keep selling until clear stocks beware
2021-10-21 09:40 | Report Abuse
Wooahhh EPF is disposing aggressively
2021-10-20 23:50 | Report Abuse
Even cheap low price, EPF also fast dumping. Must have known next quarter result shocking failure
2021-10-20 15:33 | Report Abuse
Sure EPF will keep dumping glove shares haha
2021-10-20 15:33 | Report Abuse
EPF’s 1H performance points to higher 2021 dividend
https://www.theedgemarkets.com/article/epfs-1h-performance-points-higher-2021-dividend
EPF dumps 43.5m shares in top 4 glove companies
https://themalaysianreserve.com/2021/10/18/epf-dumps-43-5m-shares-in-top-4-glove-companies/
2021-10-20 14:04 | Report Abuse
They know revenues & profits not sustainable
2021-10-20 14:03 | Report Abuse
Smart EPF keep dumping. Any slight increase in share price EPF will sell
2021-10-20 11:28 | Report Abuse
EPF dumps 43.5m shares in top 4 glove companies
https://themalaysianreserve.com/2021/10/18/epf-dumps-43-5m-shares-in-top-4-glove-companies/
2021-10-15 10:00 | Report Abuse
Back to glory holes so pity
2021-10-05 10:37 | Report Abuse
Insider trading is an offence. Investigations underway
2021-10-05 09:36 | Report Abuse
Cheaters conmen burnt own self nowadays
Stock: [TOPGLOV]: TOP GLOVE CORPORATION BHD
2022-01-07 09:09 | Report Abuse
Something fishy?