Faster buy lor ... EPF n SBB buying til 9.00 ...

Looks like big funds lai liao ...

Yesterday big funds coming n sapu at 4:30pm ... Today could be EPF or SBB buying again ...

EPF is buying more than selling, Increase from below 5% stake to about 6% now ... Nett buying most of the time, occasionally small nett selling ...

More investors are buying TopGlov shares before the upcoming qr announcement in December 2020 ... Estimated profit after tax (PAT) of RM2 billion to RM3 billion for each n every quarter in 2021 ... Based on the dividend policy, shareholders shld be getting at least 50 cents to 70 cents yearly dividend in year 2021 ... Invest for at least 5 years (mid term) or long term for better rewards ...

TopGlov 9.00 ... Supermax 10.00 ...

All gloves counters rebound ...

Nasal spray is more or less same function as face mask only ...

EPF could be buying 50 to 100 million TopGlov shares today ...

Faster buy ... don't let those naysayers buy ...

So cheap now ... buy lor ...

In order to tame the Covic-19 is still a big challenge ... Must solve all the challenges of mass productions, distributions, storage, manpower n acceptance of general public ... When the virus mutate, we need a new vaccine to protect us again ... long way to go ...

In order to tame the Covic-19 is still a big challenge ... Must solve all the challenges of mass productions, distributions, storage, manpower n acceptance of general public ... When the virus mutate, we need a new vaccine to protect us again ... long way to go ...

The gloves usage n demands would not be affected simply bcos Pfizer can't produce vaccine fast enough to protect the world population ... Pfizer can produce 1.3 billions doses of vaccine in 2021 only ... That means producing about 100 million doses of vaccine in a month ... One month production is just enough to protect 50 million people for one year ... One year production is just enough to protect 600 million people for one year ... This number is less than 10% of world population of 7.8 billion ... People hv to go for injection again after one year ...

The gloves usage n demands would not be affected simply bcos Pfizer can't produce vaccine fast enough to protect the world population ... Pfizer can produce 1.3 billions doses of vaccine in 2021 only ... That means producing about 100 million doses of vaccine in a month ... One month production is just enough to protect 50 million people for one year ... One year production is just enough to protect 600 million people for one year ... This number is less than 10% of world population of 7.8 billion ... People hv to go for injection again after one year ...

TopGlov will go above > 9.00 > 10.00 > 12.00 > ... Just a matter of time ... Explosive earning RM8 billion to RM10 bilion next year onward ...

Joe Biden would be declared as the new President of USA very soon ... Bye bye Donald Trump, you can go back to TV shows ...

Next good news ... Joe Biden could claim landslide victory when all votes completely counted ...

@Bigbear1 ... agreed ... but, TG may not peak in 2021, may hv more room to go higher ...

Well, can we say that TopGlov is in the same class with Tenaga ... or slightly better ? ...

Someone please name me some other public listed company that can produce such huge profit in the next 5 years ... Good dividend policy as well ...

TopGlov would make profit of RM40 billion to RM50 billion in 5 years from next year onward ... Could be more ...

TopGlov has a dividend policy of about 50% profit payout to shareholders as dividend ... Based on RM8 to RM10 billion PAT, shareholders yearly dividend would be about 50 cents to 60 cents ...

Buy n keep TopGlov for long term or at least mid term 5 years ... TopGlov would produce at least RM8 billion to RM10 billion profit after tax starting next year ...

Research house defends Top Gloves’ poor social rating
By Cheah Chor Sooi
19 hours ago
in Markets, Top

THE recent brouhaha over Top Glove Corp Bhd ‘failing’ the litmus test of its social auditor Amfori Business Social Compliance (BSCI) is one of misconceptions about the whole audit exercise.

In describing the issue sparked by online news portal Malaysiakini (which was then followed up by other media houses) as “barking lounder than its bite”, UOB Kay Hian Research clarified that the glove maker has in fact scored a rating of “A” (nine), “C” (one) and “D” (two) in 12 audit areas.

“Therefore, we believe that the online news portal’s article did not wholly reflect Top Glove’s largely positive audit compliance and to a certain extent misrepresented it,” wrote analyst Philip Wong in a company update.

“More importantly, these infringements to the audit are in the midst of being resolved and therefore, (are) temporary in nature.”

According to the research house, Top Glove scored a “C” rating for discrimination by conducting pregnancy test on local workers when the justification is to allocate lighter task and work that does not expose to chemical related work.

As for the two “D” scores, this is due to (i) subjecting workers to working overtime regularly even though the workers have the options to opt out, and (ii) in the area of health and safety (issue arose as a worker did not hear the fire alarm and another could not differentiate between the fire alarm and the production line problem alarm (Top Glove is in the midst to rectify the alarm system for better differentiation between the alarms).

For the record, the Malaysiakini-initiated report claimed that BSCI had downgraded Top Glove’s rating to “D” from “A” in its recent audit review. Top Glove’s “A” rating was obtained on June 20 this year.

The Amfori BSCI audit was set up to monitor and assess workplace standards across the global supply chain with ratings ranging from “A” to “E”.

Considering the issue as “insignificant and will be resolved by Top Glove over the near term”, UOB Kay Hian Research has left its earnings forecasts for Top Glove unchanged with key downside risks to include (i) swift containment of the COVID-19 outbreak; (ii) disruption to its production or supply chain caused by the COVID-19 outbreak; and (iii) COVID-19 vaccine discovery.

All-in, the research house maintained its “buy” rating on Top Glove with a target price of RM12.30.

Syndicates can do whatever tricks n spread whatever rumours as they like ... I m going to keep my TopGlov n Supermax shares for at least 5 years ... No panic selling from me ...

Many big funds would sapu TopGlov shares by tomorrow onward, especially next week after the budget ... TopGlov upcoming quarter could achieve RM2 to RM3 billion profit after tax ...

EPF buy big volume again at 4pm ?

Prepare for the landslide victory for Joe Biden the new President of USA ... No windfall tax in the budget ...

Since TopGlov can earn RM2 to RM3 billion Per quarter ... Even if there is a windfall tax, no big deal lar ... On top of that, TopGlov may donate some extra money to government coffers as well ... Why worry of the extra tax of 10% to 20% ? ... We shld be looking at the huge profit of RM2 to RM3 billion per quarter ...

TopGlov ... Go go go close green ... Lead all gloves counters to close green ...

TOP GLOVE CORP BHD
Announcement Date : 23-Sep-2020
Financial Year : 31-Aug-2020
Subject : Final Dividend

Amount : RM 0.0850
Ex Date : 19-Oct-2020
Entitlement Date : 20-Oct-2020
Payment Date : 03-Nov-2020

RM 0.085 dividend to be sent to shareholders on 03-Nov-2020

TopGlov share price has been desperately push down for the pass few days ... Will rebound n go above all time high later ...

EPF could sapu another 10 to 20 millions shares today ...

EPF says thank you for your generosity ...

EPF would says thank you, TopGlov share price is so cheap now ... I will buy another 10 to 20 millions shares later ...

Close at 8.78 ... Tomorrow public holiday ... Friday onward hopefully start rebound n go higher above 9.00 to 12.00 ...

In the month of November 2020, there are 3 Call Warrants expire ... One Warrant expire on 20/11/2020 with just 35 millions unit which is not a concern ... Two Warrants expire on 30/11/2020 with a total of 150 millions unit, this could affect the mother share price movement, be cautious of their settlement price fixing from 23/11/2020 to 27/11/2020 ...

Today is the last day of price fixing for Call Warrant C66 (Expire on 30/10/2020) ... Hopefully TopGlove share price can maintain at 8.80 to 9.00 til closing today ... Next Monday can go higher above 9.00 to 12.00 ...

More investors will join TopGlov before the upcoming qr announcement ... Could achieve 2 to 3 billion PAT wor ... Don't play play ...

Wah, ah long also here already ... TopGlov can pecah bumbung already ... hahaha ...

Don't worry ... previously 5 millions shares (roadblock) worth more than RM45 millions also cleared ...

Slow n steady we can breakdown all those roadblocks ... Slow n steady we can achieve higher rewards ...

Clear n sunny days are coming, could be as soon as next week ... Invest for long term gains ...

wow ! ... A big surprise ...

TopGlov earn RM10 billion a year, spend a few hundred million on shares buy back is just sap sap sui ...

EPF would sapu all later ...

Everyone please calm down ... No panic selling ... The situation will get better, would rebound higher ...

* there were a nett purchased of 2,573,300 shares on 20-Oct-2020

@mf ...
23-Oct-2020 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder)
acquired 3,000,000 shares on 20-Oct-2020.
23-Oct-2020 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder)
acquired 1,018,700 shares on 20-Oct-2020.
23-Oct-2020 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder)
acquired 300,000 shares on 20-Oct-2020.
23-Oct-2020 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder)
disposed 684,500 shares on 20-Oct-2020.
23-Oct-2020 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder)
disposed 552,600 shares on 20-Oct-2020.
23-Oct-2020 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder)
disposed 208,400 shares on 20-Oct-2020.
23-Oct-2020 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder)
disposed 200,000 shares on 20-Oct-2020.

Total purchased were 4,019,000 shares
Total disposed were 1,445,700 shares

So, there were a nett purchased of 2,573,300 shares on 23-Oct-2020