Hahaha... Coconut cannot win in 2023/2024

Now follow Miketikus style.. Travel back 10 years to find a chance to win 😂😂😂

So pitiful.. as if Miketikus is successful with this tactic.

Coconut caught editing original post

Coconut caught posting gibberish in SAP and TG

Coconut now wants to talk about something in 2013?

Coconut wants data, pay for it or do own work

Hahhaa coconut. U watching too much time travel movies?

Coconuts like you, Mabel and Mikecyc hates people like me

Because I show everyone how much gibberish you post.

All proven 100% accurate while losers like you have to go back 2013 to find posts as bullet.. cos losing badly now 😂

Caught that coconut slapping his own face again. Amateur Vs professional 😆😆

What he posted :

Stock: [TOPGLOV]: TOP GLOVE CORPORATION BHD

5 days ago | Report Abuse

Baidu 9888.HK Auntie Huang`s this year blockbuster!!

96.35 HKD -6.55 (-6.37%)past month

Hahahahahahahhaha dumb dumb Auntie Huang.

Today comparison TG vs Baidu 1 month price % change

Baidu : 104.20 HKD
+1.60 (1.56%)past month

Top Glove : 0.83 MYR
-0.07 (-7.78%)past month

Who slapping own face ? Coconut lo 😆😆😆

Hahaha... Since Miketikus likes to use DCF valuation method.. I share DCF value of Jaks.

Estimated DCF Value of one JAKS stock is 0.03 MYR. Compared to the current market price of 0.15 MYR, the stock is overvalued by 82%.

All talk about how strong JAKS cash flow is rubbish.

Further reinforcing this :

Free cash flow Jaks : -124 Million.

Readers can make their own conclusion

Why not coconut ask TG TP 75c
Jaks TP 15/16c

All in 2024

U ask for 2013 TP... U do your own work. I dont do free work

Coconut still cant see how lame a 10 year old story is

Hahhaa.. Coconut only able to slander and nothing to prove

Going back 10 years is useless.. coconut wasnt even born. 😂😂

If cannot see.. means coconut is lying

Coconut still think he has integrity.. Caught red handed editing original post to slander..

Reminder

Upcoming PP will be discounted

Dont be in the room when shit hits the fan

ConMabel still hiding..

Not even going back to Serba after few years promoting.

Pitiful

ConMabel so proud SAP stuck over 1 year

ConMabel still hiding away from Serba

ConMabel also shying away from Capital A.. keep reloading from over RM1 till 83/84c

Very Suay ... Follow this conman Mabel sure go Holland 😁😁

Hahahaha.. Ular cannot cari makan in Top Glove?

Your queen ignoring you ka 😂😂😂😂

Hahahaha... Again Miketikus caught posting gibberish

Today its CAGR... I wonder if he knows what criteria must be achieved for CAGR?

Really thick skin preaching "ajaran sesat"

Pitiful 😂😂😂

Mikecyc

Haha finally see Positive CAGR on TTM

Jaks :

CAGR : 3Y -21% TTM + 29.9 %
5Y. - 15.8% TTM + 0.5 %

Miketikus

U been shown a tin kosong

Promoting Jaks to 23/24
Using all old data
Using wrong TA, Graham number, DCF

Proven 100% wrong

See Miketikus .. my TP 15/16c still on target for 2 weeks... when will it drop to 14/15 range

i am certain MikeTikus and SSLee is same person. Using aka

Keyword is : Dumb Dumb

Both using multiple time

Hahaha... Coconut thinks its pre-covid era.

1) Demand increase not for Malaysia.. China is on expansion. That shows demand for China gloves

2. RMB to MYR also going up over the years. China product getting more expensive.
Wrong again. ASP still cheaper than Malaysia

3. Natural gas price please check this year VS last year. Your eye blind? Didn't you see the big drop??
Wrong again... If you compare like this. Gas is cyclical. My link already shows. Kenanga and PBB also agrees.

4. The momentum of Chinese glove makers restricted by USA FDA continued since 4QCY23. USA is the largest purchaser of medical rubber gloves worldwide during the pre-pandemic period . Based on the Red List (for manufacturers) obtained from USA’s FDA import alert number 80-04 – Surveillance and Detention Without Physical Examination of Surgeon's and Patient Examination Gloves, we observed that 9 additional glove makers were added to the list YTD2024 . Surprisingly, all 9 are Chinese glove makers but not from other nations.
Why dont you share how many glove exporters from China. Only 9? Its non factor

5. Impairment is a history, posted already. We are talking about future. Don't understand what is impairment?? Go back to school study again.
When TG keeps shutting down old lines, impairment will follow. U didnt know this?

7. ASP eventually will be going up. China's 15% gross margin is useless if their general admin expenses cost so high. Cannot generate operating profit with 15% gross profit. Laugh live me!! Better close the factory and put money in FD.
Wrong again. 15% GP is enough to battle Malaysian factories with 5% GP. Who wins? TG also cannot generate profit. Why dont you email TG management and shut down factory to put their money in FD

See.. all gibberish by Coconut again

Coconut still posting gibberism.

1. Demand has improved, this already shown in recent QR report from TG and also other Malaysia glove players.
Revenue down. Where is the demand?

2. USD to MYR is at historical high.
USD to RMB also historical high. Net zero advantage

3. Natural gas price is going down. Raw materials price going down.
Natural gas is uptrend. Coal is downtrend.

4. China gloves makers scruniting by US custom, Europe could follow soon.
This is non factor. How many shipments rejected by USFDA?

5. Cost optimization exercises already shown good result since last quarter. Lower depreciation cost due to decommissioning of old factories.
Impairment is good? There is a limit to cost optimization especially with old factories like TG

6. ASP price eventually will be back to normal following increase in demand globally.
Never in the next few years with China dictating price. They have GP 15% margin. Can fight a long time

Coconut will use IB report to promote TG

When all smart people findings same as IB, Coconut will KPKB

Glove is sunset industry now in Malaysia. The root in China is too deep.. they will keep taking market share from Malaysia

IB talking about future.. IB are professionals

Trust IB because they go to School

Cannot trust Coconut because he has no school

Take your choice.

Miketikus top promoter now in Jaks...

Promoted until 23/24 with gibberism

Himself stuck at 19c... Already told him will be new high.. he degil 😆😆

by PUBLIC INVESTMENT BANK BHD

ALL three glove players under our coverage, namely Top Glove Corp Bhd, Hartalega Holdings Bhd and Kossan Rubber Industries Bhd, posted a weaker set of results in the recent quarter, mainly due to lower average selling prices (ASPs) and sales volume.

We believe the operational landscape for Malaysian glove makers would still be challenging moving into the first half of 2024 (1H24). Given the prevailing price competition from Chinese’s glove players, Malaysian producers would not be able to raise ASPs meaningfully.

Moreover, the upward trend in raw material prices would exacerbate the challenges in maintaining operational margins.

We believe the recent positive movements in share prices have outpaced its fair valuation and as we do not anticipate any positive earnings surprises in the medium term, therefore, we downgrade the sector from ‘Neutral’ to ‘Underweight’.

https://themalaysianreserve.com/2024/03/05/rubber-gloves-lacking-positive-catalyst/

Post removed.Why?

Hahhaaha... Coconut still living in Coconut Land

Since when I want to challenge you anymore? U run away everytime using P0ndan excuses

I am talking to Ular.. U kepo for what?

I have nothing against TG.

Just fact checking the gibberish Coconut posts.. and he posts a lot

I repeatedly stated bad QR... U know color difference right?

Posted by UlarSawa > 3 minutes ago | Report Abuse

If both of you still not dare to put your head under the chopping board later will be laughed as a chicken leh. Ballless Chicken leh. Betinaman not jantanman leh. Kesian. Haiyoh. Correct?

Let Market Screener explain to Coconut and show everyone else how a Coconut trying to pusing2

Did anyone see losses?

https://www.marketscreener.com/quote/stock/INTCO-MEDICAL-TECHNOLOGY--44486743/finances/

Posted by Felix888999 > 9 seconds ago | Report Abuse

15% GP cannot make money is useless, how many times I have to say this? China`s general admin expenses , selling expenses are high. Still suffering operating lost like other glove makers.

That is not a chopping board when there is no loser punishment.

Mainan kanak kanak

Hahaha Coconut still living in Lalaland

With high GP, China factories plenty of bullets to fight

TG low GP, no bullets

5% GP, any increase in production cost, will have no room to fight anymore.

Posted by Felix888999 > 2 minutes ago | Report Abuse

15% GP still cannot make operating profit is useless. You faham?

MikeTikus still using June 2023 data??

This news proven false..

Now PP for working capital.. this is the latest news

Coconut can show a Malaysian factory having 15% GP?

With high GP, they can sell low ASP

TG GP not even 5%, can they continue the fight?

Simple things also coconut need to pusing2

This coconut showed his hand

Claiming even TG hit 60c, he will make profit from big 3 tranches sold 83c range.

Even high school student can see the lie.

Posted by Felix888999 > 1 minute ago | Report Abuse

My objective is very simple. Once hit my 40% or 50% profit. I cash out and move on to next counter. This is a low hanging fruit target, just need a turnaround story which already happening.

TG still world no 1 is Tan Sri`s problem, not my problem at all.

You can continue argue world no 1 or no 2, not my concern at all.

Coconut wants to appear smart.

We are talking cost of making gloves..

He talk coconut 😆😆😆😆

He forgot to show INTCO showing positive EPS..

Posted by Felix888999 > 3 minutes ago | Report Abuse

Dumb dumb Auntie Huang, 15% gross profit cannot make a net profit is useless !!

Go back to school study from basis Accounting. This is an advise from non Accounting people to a dumb asssh study accounting but read diapers in school.

Coconut no longer talking V shape recovery or TP 1.20?

Now planning on leaving TG? So promote with bad intention?

TG 1st profit.. maybe 2026.. hahahaha. That is also a BIG maybe

Coconut still living in Coconut Land

When will TG utilization achieve 65%?

Now only 30% as disclosed by Boss himself.

We talk GP for gloves. Coconut may have to go back school to learn GP. Cost of production. Intco hitting 15%, TG??

Posted by Felix888999 > 4 minutes ago | Report Abuse

TG with 65% Plant Utilization will turn profitable.

Dumb Auntie Huang did you check Intco last QR still in operation lost? All gross profit not enough to cover the admin and general expenses. You think China admin salary cheap now?

Can coconut justfiy Intco GP margin of more than 15%?

We look at Facts... not fiction of your imagination

Posted by Felix888999 > 19 minutes ago | Report Abuse

This is the most stuuuuupid auntie`s assumption. Manufacting still the core economy driver in Malaysia. China`s competition is already exists 10 years ago. As I have posted China glove maker crazy expending and running at operation lost. Each pair of Glove they made are eating thier cash reserve, the construction of new plants all will bring cash flow problem to China mekars.

Hahaha.. Coconut caught again posting gibberish.. He never fails 😂😂

Sapura entered into PN17 on 1st June 2022. That is 1 year, 9 months and 7days till today

Now wants to post SAP info in TG thread 🤣🤣🤣🤣🤣 More gibberish then


Felix888999

In past 9 months, Sapura Energy management didn't make significant progress to resolve the financial crisis of this company. The progress is too slow. They just applied for extension after another extension.

Coconut caught making gibberish posting again. More than 1 time today 😂😂😂

Look at latest GP margin from INTCO = 15.74%.

What is Malaysian glove makers GP? After cut everything still less than 5%

IB keep saying market recovery in 2026 .. which is correct
But IB didnt mention market share of Malaysian makers cannot recover.

https://www.marketwatch.com/investing/stock/300677/financials/income/quarter?countrycode=cn

Posted by Felix888999 > 1 hour ago | Report Abuse

Dumb dumb auntie Huang, China glove makers are in operating lost. They are killing themselves with the expansion.

This is from Google, past month price VS now. Stuuuupid COCONUT did I mentioned your cost???

Stuuupidness no medicine to cure.
0.79 MYR -0.11 (-12.22%)past month

😂😂😂😂😂 Caught again today

Posted by Felix888999 > 4 hours ago | Report Abuse

This is from Google, past month price VS now. Stuuuupid Auntie Huang did I mentioned your cost???

Stuuupidness no medicine to cure.
96.35 HKD -6.55 (-6.37%)past month

Hahaha... Few hundred K cash to support TG?

Smart coconut.. 😆😆😆

Smart people understands what is happening to gloves supply worldwide

Sri Trang also hitting GP 9.61%

Find 1 Malaysian glove makers that has a better GP ..🤣🤣

Coconut still living in fantasy land.. Look up my post

Should bring you back to reality and become a better coconut

Things you know, you can say.. Things you dont know, better keep quiet

Look at latest GP margin from INTCO - 15.74%.

What is Malaysian glove makers GP? After cut everything still less than 5%

IB keep saying market recovery in 2026 .. which is correct
But IB didnt mention market share of Malaysian makers cannot recover.

https://www.marketwatch.com/investing/stock/300677/financials/income/quarter?countrycode=cn

Posted by UlarSawa > 23 seconds ago | Report Abuse

Ular read the newspaper with Title like this leh. Dunno why never mentioned Msia instead of China leh. Msia Gloves not competitive kah. Haiyoh. Correct?



More medical gloves are coming from China, as U.S. makers of protective gear struggle

IB report also not accurate.

China glove makers are making profit even selling at lower ASP. More upcoming supply from China.

China glove makers are still on expansion with newer factories with higher efficiency. AI based.

https://www.globaltimes.cn/page/202401/1305114.shtml

Malaysian glove makers are stuck with legacy problem of old factories and old tech.

Gloves makers in Malaysia are in sunset industry.

Hahahhaa.. Miketikus can talk more today?

Why u never see Jaks getting to 15/16c? U too clever, promoted till 23/24c

My 15/16c target still intact 😂😂😂

Hahahhaha.. Miketikus forgot he promoted Jaks until 23/24

If Mirror broken, go pee and look at yourself 😆😆😆😆

Coconut cannot read chart

Coconut only knows gibberish and slander

Coconut still asking people this week buy 795.... his chart like very wrong 😂

Coconut Very strange

Simple question if he bought more TG at 795 also he cannot answer?

Coconut don’t understand statute of limitations

Coconut want evidence, he has to go back 10 years and do own work.

Statute of limitations forbid me to help

More than welcomed.. I accept

Miketikus.. U havent answer

Jaks no cash.. PP for working capital

Further PP to fund this LSS5 project?
Further PP to fund 10% option in Vietnam?

U have brain to even think? 😂😂😂

Miketikus.. who will fund JAKS?

JAKS no cash nothing

Even PP for working capital

Sure.. When TG touch 75.. Will ask why coconut set 1.20 TP and ask everyday.

Coconut still doesnt repent. Already lost face in SAP and JAKs.

Coconut caught red handed edit original post and posting fabricated information

Already proven a slanderer.. Coconut still show his face

Coconut skin is too thick