Even US TG ADR alrdy cancelled..nobody want anymore

“The depository of Top Glove Corporation(TGLVY) ADR has announced that the ADR would be terminated effective August 29, 2021.

ADR holders have until Aug 22, 2022 to surrender their ADRs for cancellation and receive the underlying ordinary shares or cash.”

Big funds not touching anymore..they know gloves got no value such high price

Only left sharks/bilis in the pond..naturally bilis will be eaten until 65sen left

Munfatt2000 alrdy become Munfatt1000 lol

Big bosses alrdy very clear about future ASP/profit normalisation

Dont dream normalised ASP/profit can support high price 2++..much more pain coming

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Walao snakehead rr88 in action..talk nonsense about tomorrow rebound but evening later alrdy run fast lol

Whatever glovers hardsell here wont affect share price..just lying to ownself all the way down to 65sen

Company got no cash 4 shareholders

Shareholders only get new factory generating 2x production

2x production = 2x prepandemic profit = prepandemic EPS (after bonus issue) = prepandemic share price (65sen)..simple

Can collect all the way down to 65sen

Early morning soo many fake topup announcements..glovers getting desperate

Near term biz environment is clear - normalised ASP/profit+low div

Share price also will adjust lower (65sen) to reflect said normalisation

Natsuko Who said ASP drop would kill MY glove sector aiyoyo..gloves will still make profit but can only support lower share price 65sen

ASP normalisation = profit normalisation = share price normalisation (65sen)

Early year, ASP drop was just projection..nobody really knew when/how fast ASP would drop

Now ASP drop is clear..profit deterioration is clear (TG)..div deterioration is clear (TG)

Expect further heavy selloff coming

Where got any good FA..ASP drop is now real data, not imagination/projection aiyoyo

65sen is longterm fair value nxt yr..short term, prepare 2.2 by month-end

Nothing stays up forever..time to return back to 65sen

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Once gloves reach fair value 65sen, nothing left pulling bursa down

Bursa will recover..gloves wont

Ding3 2.44 new low closing..more pain coming

No worries 1.5 sure can get but be patient..market alrdy give 67% discount this yr cannot ask much more

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Whatever cheap price u want sure can get..lelong down to 65sen

Gloves will survive but ASP/profit/EPS can only support share price 65sen

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Future profit/EPS generated is clear @ prepandemic level

History proven that 65sen is fair value that supports such profit/EPS

Company got no cash 4 shareholders

Shareholders only get new factory generating 2x production

2x production = 2x prepandemic profit = prepandemic EPS (after bonus issue) = prepandemic share price (65sen)..simple

Last time everyday buy call..now is ‘wait until safe entry’ lol serious joker

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Hopefully can see 2.20 by month-end..slow steady drop all the way down to 65sen

Prepandemic (current)
———————————————
Harta - 5.5 (6.18 @ 1.1x)
Kossan - 2.1 (2.49 @ 1.2x)
TG - 1.5 (2.9 @ 2.0x)
Spmx - 65sen (2.5 @ 3.9x prepandemic price)

Supermx is most overvalued - will drop most among Big4

Every QR got downgrades..by nxt QR, price alrdy drop another 30%-40%

MBB downgrade TG TP to RM1.68

HLInvest downgrade TG TP to RM2.80

PublicInv downgrade TG TP to RM2.83 (from RM4.40)

AmInvest downgrade TG TP to RM3.1 (from RM3.77)

Kenanga downgrade TG TP to RM3.50 (from RM5.50)

‘Covid forever’ lame excuse cannot support share price

Prepandemic ASP = prepandemic profits = prepandemic share price (65sen)..simple

SG glove crashing..TG SG down 4%..UG Healthcare down 11%..Riverstone down 12%

Waiting Supermx 10%++ drop like old days

Ding3 2.5 unlocked..road to 65sen (prepandemic price)

Disclaimer - all totally own imagination with minimal chance become reality

Tunafa When price reach 65sen nxt yr, that 100K div soon become 10K

The fake 4Mil capital alrdy become 1.5Mil & by nxt yr left only 400K

So basically nxt yr left only 410K capital+div from original fake investment 4Mil lol

Tunafa U no need care whatever share price..got unlimited fake money for unlimited fake topup

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No wayyy selloff over..its just starting..lelong down to 65sen

Who predicted TG profit only 600Mil?? Nobody

What will be nxt QR profit..200Mil?? 300Mil?? Definitely more IB downgrades incoming

How can negative news alrdy priced-in when nobody expected such low profit so fast

When TG selloff, supermx sure dump also..lai lai lelong down to 65sen

Ready multiple TG downgrades nxt week..somemore div only 5sen @ 1% nobody will want to hold

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Lets not forget pjseow ‘3 soldiers uptrend’ candle chart..’soldiers’ now prob lost inside MY jungle lol

Tunafa Ur master. pjseow hall of fame rubbish analysis also include ‘cycle analysis’ whereby every 3 months got uptrend cycle based on past yr history

Now alrdy 6 months havent see any uptrend lol

Tunafa Price drop 12-2.5 with stingy 32sen div..worst among all gloves

Ur master pjseow totally clueless..the guy use last year investor briefing to project this year price lol..sooo rubbish

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