Yong Tau Fool 脑袋进水。

Limpek就是林北. 是你阿丫老豆。

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Most important thing in investment is know your downside risk. Warren Buffet said investment rule #1 never lose money and rule #2 never forget the first rule.

Yinson performed well so far but what if any of her new FPSO failed to obtain final acceptance from the client? One case could drag entire company to bankruptcy.

Bumi Armada almost bankrupt due to contract termination of Armada Armada Claire FPSO and failed to obtain final acceptance from client for Armada Kraken FPSO.

Ananda Krishnan saved Bumi Armada from bankruptcy by providing RM317 million loan to Bumi Armada.

Will Yinson biggest share holder do this when Yinson is in trouble?

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Still talking about that old AI data center story. How many AI data center Tenants YTLP have secured? Anchor tenant is that Yes Telco with MACC case ke?

Why silent on MACC case? Not dare to discuss ke?

Just pay 1 billion or 2 billions penalty can settle ma. Why not dare to discuss?
Money can settle ma.

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KWAP 不惜代价的买，你怕淋？

如果一个投资人不清楚自己想要达到的目标，犹豫不决，不知何时应进场或退场。还是不要进股市。

This guy missed 4 rounds of profit in Glove stocks.

Posted by JovaneChua > 9 hours ago | Report Abuse

xiaoeh, you are a real sister of Adeline and the father of Alice's tummy.

I'm going to lock 5th round profit in Topglov after next QR release.

Top Glove Corporation Bhd
KLSE: TOPGLOV
Overview
Compare
Financials
1.11 MYR +0.20 (21.98%)year to date
8 Nov, 5:00 pm MYT • Disclaimer


See the performance of Dumbass investor cucumber Auntie HuangBK72. Hahahahahah As I said president Xi from China cheated her for 2nd round. First round during CNY and second round during China independence day. Dumbass investor couldn't see how serious is China economy.



Baidu Inc
HKG: 9888
Overview
Compare
Financials
88.95 HKD -26.35 (-22.85%)year to date
8 Nov, 4:08 pm GMT+8 • Disclaimer

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SG electricity business big challenges ahead.
Jordan power plant half die already.

UK water business is a deep blackhole sucking cash.


AI data center only one tenant Sea Limited. A big headache for YTL's son.

Posted by Johnchew5 > 26 seconds ago | Report Abuse

Hoho if not unloading shares by this year .. wait for another 10 years ? Shl be worst lo ..

Huge investment from SG government for renewable energy 👏

https://cleantechnica.com/2024/08/21/no-solar-energy-no-problem-gigantic-undersea-cable-will-make-it-happen/

Australia announced a massive solar farm that it hopes will eventually offer 2 gigawatts (GW) of power to Singapore via undersea cable.

Singapore's Energy Market Authority has already granted conditional approvals to import 1GW from Cambodia, 2GW from Indonesia and 1.2GW from Vietnam.

What is the impact to conventional power plant in Singapore?

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EPF accumulating what you worry? Results also moving up trend. Betul??

Joker. 🤣🤣🤣

Posted by NatsukoMishima > 21 minutes ago | Report Abuse

Tp 60 sen

Right here waiting for you RM 1.00.

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Get ready bullets...

No I didn't. The other TG supporters sent him to jail.

Posted by TiGongPoPiPopi > 2 hours ago | Report Abuse

My name is TiGongPopiPopi. Ularsawa in the jail right bcos you asked others to flagged him right?

Whatever but UlarSawa you missed opportunity for 3 rounds. 🤣🤣🤣🤣🤣


Sia sia you camping here. 😂😂😂😂

Posted by TiGongPoPiPopi > 35 minutes ago | Report Abuse

Anyway whatever price is beyond your control also

UlarSawa you don't kongkam, TG won't go back to MYR 5, 6 that price you bought during pandemic. You have to wait until another round of pandemic loh. Haiyoh betul? 🤣🤣🤣🤣

UlarSawa turned to TG promoter ke?
You missed 3 rounds of wagyu BBQ, Haiyoh betul?

Sold 1.24 3rd round locked profit.

See you next time.

RHB give 1.32 TP

KUALA LUMPUR (June 18): Investors should now buy shares of Top Glove Corp Bhd (KL:TOPGLOV) even as the world’s largest glove maker by volume may report another quarterly loss and stay in the red for the second year, RHB Investment Bank said.

RHB IB upgraded its recommendation for Top Glove to “buy” from “neutral” previously, citing improving investor sentiment from “favourable” operating dynamics. RHB IB joins a very small minority with a “buy”’ call out of more than two dozen research houses covering Top Glove.

Top Glove “is poised for a meaningful share price recovery in 2024”, RHB IB said in an earnings preview note. The stock is also high beta, the house noted, meaning that it has relatively higher risk and returns that come with higher volatility.


The company will probably report a core loss of RM40 million to RM45 million for the third quarter ended May 31, 2024 (3QFY2024) versus RM66 million in 2QFY2024, according to RHB IB’s forecast. Top Glove is scheduled to release its results on June 19. Both volume and average selling price (ASP) are expected to recover, RHB IB noted.

However, a 5%-6% rise in natural gas tariff will probably drag on Top Glove, while natural latex has climbed 12% and acrylonitrile was up 3.6%, adding to raw material prices.

Analysts are mostly bearish on Top Glove, with 10 out of 22 research houses featuring “sell” calls and eight on “hold” ratings. Four, including RHB, have “buy” recommendations. The consensus’ 12-month target price is 91 sen, implying a potential decline of 25% from the current price.

So far this year, Top Glove’ shares have risen over 30% on Bursa Malaysia amid investors optimism for a turnaround in the industry beset by oversupply from massive capacity expansion and lacklustre demand, following overbuying during the pandemic.

Top Glove peaked at RM1.26 in mid-May after the US raised tariffs on Chinese rubber medical and surgical gloves effective 2026, as smaller rivals also surged following the news.

At 10.04am on Tuesday, Top Glove was up four sen or 3.42% to RM1.21, after 18.4 million shares changed hands. Its market capitalisation stood at RM9.93 billion.

“We learnt that the industry operating dynamics has turned favourable for glove manufacturers as we understand that customers are more receptive to the ASP increase in the coming months,” RHB said, noting that Chinese glove makers have also raised their ASP.

Demand, meanwhile, has picked up, with total industry exports volume growing 6% quarter-on-quarter in the first three months of 2024, which indicates that “the recovery momentum of global glove demand remains healthy,” RHB IB added.

The company in March reported a narrower net loss of RM51.19 million for 2QFY2024, bringing total net loss to RM108.91 million for its first six months.

While it has managed to narrow its half-year net loss compared with the previous year of RM332.90 million, results came in worse than consensus’ estimates, which called for a full-year net loss of RM69 million, amid lower-than-expected margins.

On its part, Top Glove executive chairman Tan Sri Lim Wee Chai said the company is optimistic of returning to the black as early as August this year, citing further pickup in demand for gloves after two years of inventory destocking due to excess capacity built up during the pandemic.

The company is betting on revenue jumping over 20% in 3QFY2024, after it observed increasing sales for March and April as well as an upward adjustment of the ASP of gloves.

Nitrile gloves' average ASP per 1,000 pieces stood at US$17, while that of natural rubber gloves’ average ASP stood at US$18 per 1,000 pieces during 2QFY2024.

Edited ByJason Ng & Surin Murugiah

Extended Mrec

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Hit TP before QR release. I hold the tickets to watch tmrw`s QR results.

Mike, thanks for your help!

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