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2020-03-31 15:10 | Report Abuse
wallstreetrookie Sell. This company is overvalued. TOPGLOVE should not worth 6.00 and above.
which company under value??
2020-03-31 15:10 | Report Abuse
sell.....buy airasia.....this company is super over value.......how come impossible got customer panic order.....
2020-03-31 14:36 | Report Abuse
Run....operator release their tickets...
2020-03-30 23:21 | Report Abuse
no need talk much tomorrow....
all doctor use hand to treat patients...
selll
2020-03-30 23:19 | Report Abuse
sell....take profit...bye
2020-03-30 23:03 | Report Abuse
Tomorrow 6.5 no need to talk so much....if raw material shortage , how can utilization rate 95%?? Don't talk rubish
2020-03-30 15:14 | Report Abuse
Topfeel Topfeel any one got try? What us the feel?
2020-03-30 15:04 | Report Abuse
This month, Top Glove stepped up its factory utilisation by 10 per cent to 95 per cent and expects to reach near maximum utilisation in April.
50% worker 95% utilisation.....100 % worker =195% utilisation???wakakakakakakkaakakakakka
2020-03-30 14:45 | Report Abuse
Firework must come after work hard.....in out in out in out then only high , and burst out....
2020-03-30 11:04 | Report Abuse
who sell 1.40 last week????wakaakkakakakakkakakakakakakakkakakakakakakakkakakakakakakakkakakaka
2020-03-30 11:02 | Report Abuse
Panic order, so we need panic buy ma...
2020-03-30 00:48 | Report Abuse
Should Malaysian government charge Malaysia Government ...they should close this country 100 years ago
2020-03-29 20:15 | Report Abuse
“Some customers panic order; normally they order 10 containers a month but now they suddenly increase to 20 containers,” he said.
Hahahahahahah Panic order
2020-03-29 20:13 | Report Abuse
Covid-19: Malaysia's Top Glove overwhelmed by international orders
KUALA LUMPUR: Malaysia’s Top Glove Corporation Bhd, the world’s largest glove maker, expects a product shortage as demand from Europe and the United States spikes because of the widening Covid-19 coronavirus outbreak is exceeding its capacity.
The company has extended shipping times to cope with the demand surge, executive chairman Lim Wee Chai told Reuters by phone on Friday.
Lim said orders received in the past few weeks, mainly from Europe and the United States, were almost double the company’s production capacity. Top Glove can produce 200 million natural and synthetic rubber gloves a day.
There are now more than 600,000 coronavirus cases across 202 countries and territories globally, with the United States overtaking China as the country with the most infections. Europe continues to report the most deaths.
“Some customers panic order; normally they order 10 containers a month but now they suddenly increase to 20 containers,” he said.
The World Health Organisation warned on Friday that the “chronic global shortage of personal protective gear” is among the most urgent threats to the virus containment efforts.
“Definitely there is a shortage. They order 100 per cent more, we can only increase 20 per cent so there is a shortage of about 50 per cent to 80 per cent,” he said.
The exceptional buying momentum could last another three months but orders are expected to remain strong for up to nine months even as demand from Asian markets has started to slow slightly, Lim said.
To cope, the company has adjusted its delivery time from as short as 30 days to as long as 150 days.
Lim said the company was ensuring all its customers get a fair share of extra gloves delivered.
“We manage their volume, limit them to buy so much per customer. We have to manage but it’s a good problem for us to solve,” he said.
Lim said the company is adding new machines every week, and could increase its production by as much as 30 per cent.
This month, Top Glove stepped up its factory utilisation by 10 per cent to 95 per cent and expects to reach near maximum utilisation in April.
The company is rushing to source about 1,000 workers to keep up. Top Glove normally hires from Nepal but is now drafting workers from Malaysia because of travel restrictions.
“We need about 10 per cent extra workers. During this (travel curbs), we are also not able to bring in workers from Nepal. So we have no choice, we have to use some local workers to help out, in the packing especially.”
Top Glove said its supply chain is well-diversified and was optimistic it would not have issues sourcing materials in the next few weeks. Malaysia has approved some manufacturers in the essential goods sectors to continue operating under specific conditions during the nation’s lockdown that ends on April 14. - REUTERS
2020-03-28 21:00 | Report Abuse
I sapu Topgloves glove at KK v RM 25 per 100pcs....very good quality....
2020-03-28 13:51 | Report Abuse
If Monday no bull ...buy more Topglove product support Top glove
2020-03-27 14:54 | Report Abuse
Tony donate Tune Hotel for medical and hospital staff near to Sungai buloh.....Tune hotel provide food for them....where can find this king of businessman in Malaysia.??
2020-03-27 14:36 | Report Abuse
something happen to Airasia....they may get help from government
2020-03-27 11:07 | Report Abuse
EPF give you chance to buy...just buy la..
2020-03-27 11:04 | Report Abuse
Harta capacity 44 billion gloves, Kossan 32 billion gloves hopefully can pick up..
2020-03-27 10:55 | Report Abuse
EPF support index and support Harta.....Kossan need to wait the results....
2020-03-27 10:39 | Report Abuse
Kossan timing very good.....6 billion gloves plant completed last year end.........100% capacity =32 billion gloves
2020-03-27 10:36 | Report Abuse
Kossan is the most undervalue...go and read the report..
2020-03-27 10:00 | Report Abuse
So, do you math....revenue will up to 450-500million...as lower cost ..
2020-03-27 09:59 | Report Abuse
Supermx last time , 75% capacity, I believe push to 100% capacity already...
2020-03-27 09:50 | Report Abuse
Cold eyes sifu say.....buy something growing .....since you confirm growth for 2 quarter why dont buy..
2020-03-27 09:48 | Report Abuse
Goverment give economy stimulus package.....why sell??
2020-03-27 09:33 | Report Abuse
163% increase le........why the price still at low??
2020-03-27 08:55 | Report Abuse
When Virus attack US and China:
China: I lock down you , I catch you I control you....business temporary pause.
US: I lock down you , I catch you I control you....try to adjust business to continue.
Malaysia: on off, on off, on off, no direction at all...
The first two are the two different approach to solve their problems base on their culture and strategies.
2020-03-27 08:45 | Report Abuse
Harta, Kossan, Topglove , Supermx....so many counter to buy....dont say JN88 sifu bo jio har.....Comfort dont buy that Bosse crazy one....
2020-03-27 08:39 | Report Abuse
Today pecah RM7 mark my word
2020-03-27 08:31 | Report Abuse
Operations mostly admin at office, admin is the one help to scan , prepare quotation .this and that ...aiyo don't be blind people la.....The worker at factory still 100% la.....aiyo...why want to blind people
2020-03-27 08:29 | Report Abuse
Operations reduce to 50%. BUT CAPACITY AT 95-100%.....hahahahahaha less people do maximum work...save cost
2020-03-26 22:18 | Report Abuse
All tech company run as usual.....whole peneng teach run as usual including pentamaster and inari...
2020-03-26 14:18 | Report Abuse
rayloo: P/E 42??? I see P/E20 oooo how ar??
2020-03-26 14:17 | Report Abuse
This topglove cant palkai la....Boss slepping and buying LBS shares ..
2020-03-26 11:31 | Report Abuse
how to become forbes 500??? forbes 500 from bottom
Stock: [TOPGLOV]: TOP GLOVE CORPORATION BHD
2020-03-31 15:13 | Report Abuse
Topglove is super undervalue , buy now later your mother will call you grandmother and grandfather..