Supermx 2021 profit margin was 55%..what other company soo high like this

Gov no money sure want hand inside glove jar

Alrdy beaten down 3 weeks..now hit with windfall tax..no break at all

Windfall tax charge 4 this yr supernormal earnings..nxt yr normal earnings sure no windfall tax

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Monetary Good 4 u..no use defending losing trade esp gloves @ can lose 80%-90% capital

Nice little technical rebound..hopefully tomorrow can resume downtrend..still havent see 2.2

Very funny see monetary last time strong glover now join the dark side lol

Glove collapse should accelerate in Nov/Dec with more QR release (profit drops/IB downgrades etc)..final nail in the coffin

Alrdy lose 30% past 3 weeks..lose 50% past 3 months

Within nxt 6 months can see 65sen alrdy..just another 70% drop

Halftime flat..looks like another ‘morning goreng fail followed by evening selloff’ day

Hodl 3months must be 50%++ losses..really2 painful

Maridien Not worried about u at all..feel free to topup all the way down to 65sen..IBs/sharks thanking u in advance 4 generous donation

As usual, morning fake topup announcements..everyday got

No worries sure will drop more given time..can collect all the way down to 65sen (prepandemic price)

Alrdy know price going down, still want use div to topup..ownself making ownself poor with poor decisions but blaming others aiyoyo

Glovers only HOPE bottom is near..realistically, can be 3 more red days this week

Walao now even got glover pretend as ‘glove pessimist’ lol

Company got no cash 4 shareholders..debt-free doesnt affect share price..future profits can only support 65sen valuation

2.37 new low closing..what a bloodbath - was 3.3 early Sept now left 2.3 (30% drop less than 1 month)

Can summarise pjseow BS essay in 3 words..bla bla bla

Share price drop also different timing..now TG drop more..nxt time supermx drop more..bumpy road down to 65sen

Comfort profit alrdy drop 30% like TG last time..wait nxt QR should be much worse

ASP drop affects everyone..just different timing

Hopefully every morning gap down this week..lelong down to 65sen

Easy money when got willing buyer @ 4/5/6/7/8/9/10 for something worth 65sen

Why privatise now when can privatise 65sen/share nxt yr

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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