where is edwin the dog?

Next quarter capacity x2 = minimum rm80m next q, wait what?

where is edwin the dog barker? come on, appear please

As it stands, the common view is that ASP will most probably revert back to pre-pandemic levels or even lower, due to an expectation of a supply glut. There has been no shortage of announcements by new entrants wanting to jump on the bandwagon to build glove factories.
While some are credible, there are many dubious ones that appear to be wanting to ride on the stock market rally of the glove manufacturers.

While the threat of new entrants should not be taken lightly and will at some point alter the demand-supply dynamics of the sector, we think the concerns have been overblown.

In the US, the Department of Health and Human Sciences has projected a global shortfall of gloves to the tune of more than 200 bn pieces. Its Strategic National Stockpile, meant to be the source of last resort after hospitals have exhausted their supplies, is running dangerously low on gloves. Its aspiration is to have on hand a 90-day supply in the stockpile, or 4.5 bn gloves. As it stands, it has 2 mn pieces.

Assuming the 200 bn shortage of gloves is the reality, and we see no reason for the Department of State to inflate the number, as it will only serve the purpose of causing further panic and driving up ASP for the hospitals—our supply model suggests that it will take a
minimum of another three years for supply to catch up.

Credit Suisse

US alone shortage 200b gloves, how about Europe and other parts of the world?
20/11/2020 10:05 AM

As it stands, the common view is that ASP will most probably revert back to pre-pandemic levels or even lower, due to an expectation of a supply glut. There has been no shortage of announcements by new entrants wanting to jump on the bandwagon to build glove factories.
While some are credible, there are many dubious ones that appear to be wanting to ride on the stock market rally of the glove manufacturers.

While the threat of new entrants should not be taken lightly and will at some point alter the demand-supply dynamics of the sector, we think the concerns have been overblown.

In the US, the Department of Health and Human Sciences has projected a global shortfall of gloves to the tune of more than 200 bn pieces. Its Strategic National Stockpile, meant to be the source of last resort after hospitals have exhausted their supplies, is running dangerously low on gloves. Its aspiration is to have on hand a 90-day supply in the stockpile, or 4.5 bn gloves. As it stands, it has 2 mn pieces.

Assuming the 200 bn shortage of gloves is the reality, and we see no reason for the Department of State to inflate the number, as it will only serve the purpose of causing further panic and driving up ASP for the hospitals—our supply model suggests that it will take a
minimum of another three years for supply to catch up.

Credit Suisse

US alone shortage 200b gloves, how about Europe and other parts of the world?

lol, if it is only pe 3, why cant they buy? if they gonna make 18b, why cant they buy?

nobody saw record profit?

topglove clluster is from the workers that were quarantined and tested

and by 2022 they will have 20b cash - maybe pay out 10b in this 2 years, thats worth like Rm1.20 per share of dividend, even when things get to normal, topglove capacity will be 130b in fy2023 x usd4.1 x asp of usd30 x 12% = a normalised profit of Rm1.8-1.9b, just value at 26x of curent price, not expensive!

think about it, if epf have to sell assets to fund for withdrawal, why they keep buying topglove? cause it is oly 3x pe

Let them sell please i beg u, i know whatglovefinish wants, price crash for him to eat low, hehe thanks, if that happens

atian - prepared to get con, results coming out lose making

where is edwin the dog barker?

moderna down down down, pfizer down, so good, you go and buy la, lol

let those edwin believers and vaccine believers sell, tomorrow again, structural glove demand believers buy tomorrow

oh ya esos, actually is rm22m , record high

lol lc lau - just go around bashing other counters, tguan profit is good, if you check their gross profit is actually the highest, a record, forex loss add back is actually 21m profit

edwin thinks he is better than lim wee chai who does share buy back everyday, he claims tslwc is a sorhai, hahaha

edwin - the pussy masturbator hahaha, talk more, all empty words

2018 news lol

lovely tomorrow got panic chickens selling

Topglove pe only 3x, wise to do share buyback, next year will have 20b cash, next 2 years 28b, half of topglove market cap

Wow nice, this stock every quarter make good profits

ARGMA estimates that the global glove demand to grow by 15-20% yoy for the next 3-5 years, vs average 8-10% in the past. It also expects annual global glove demand to reach 440bn (+22.2% yoy) in 2021F, assuming Covid-19 is over. With Covid-19, this figure is expected to go higher. MARGMA is of the view that supply will continue to outstrip demand for the next few years. While Malaysia is currently producing 280bn gloves currently, MARGMA expects a new 30bn capacity from existing glove makers, another 20bn from new players and another 20bn new capacity from overseas players. This will still see a supply shortage of 90bn vs expected global glove demand of 440bn in 2021.
18/11/2020 4:32 PM

MARGMA estimates that the global glove demand to grow by 15-20% yoy for the next 3-5 years, vs average 8-10% in the past. It also expects annual global glove demand to reach 440bn (+22.2% yoy) in 2021F, assuming Covid-19 is over. With Covid-19, this figure is expected to go higher. MARGMA is of the view that supply will continue to outstrip demand for the next few years. While Malaysia is currently producing 280bn gloves currently, MARGMA expects a new 30bn capacity from existing glove makers, another 20bn from new players and another 20bn new capacity from overseas players. This will still see a supply shortage of 90bn vs expected global glove demand of 440bn in 2021.

rm5? i tot rm3? stop changing your target, and be consistent, come here every hour to say the same thing ok, dont say when gloves is red only, green please come and tell everyone

edwin - hahaha loser in life, save your time la, loser

edwin lai - come on, bash more

budget will be approved or not also duno, windmyass

pakatan and zafrul will never implment windfall tax

Here is getting quiet again, great, no more bulls

even at 90% effectiveness, assume 70% inject vaccine, there are 35% population will get covid potentially, this issue wont be solved even with vaccine

cancle? lol, then you better sell, after topglove emco, their orders extend until mid of 2022

vaccine out - so covid will be gone in 6 months? then you better sel gloves

covid wont be gone in 3years

lol, supersing - better sing more song, hospital inventory are running low at 1 week of inventory, it will take them one year just to fill up to 90 days of inventory, assuming 0 covid patients, you don believe you see next 2 quarters, vaccine out, topglove make more or less, yawn

AT FY2022 - RM150m profit (assuming USD90 per glove) - market cap of RM750m (plus warrants)
P/E - 5x

Topglove FY2021 - RM18b profit (assuming USD90 per glove) - market cap of RM57b
P/E - 3.2x

Careplus FY2021 - Rm600m profit (assuming USD90 per glove) - market cap of Rm1.58b

P/E - 2.8x

buy who? choose yourself? AT fair value should be RM0.10, penny stock premium 30%, RM0.13

sell before too late

gone crash woohoo !

holy holy crash crash crash lovely lovely

by rigt AT should be valued at 20c per glove or lower, fair value at 15cents, better run before too late

repost


Stock: [AT]: AT SYSTEMATIZATION BHD

Nov 13, 2020 11:09 AM | Report Abuse

my job is to stop people from losing money only, salcon sell on news, normal


Stock: [AT]: AT SYSTEMATIZATION BHD

Nov 13, 2020 11:09 AM | Report Abuse

why AT is a sell?

Careplus - 2021 capacity 11b with a market cap of RM1.7b, that means it is worth RM0.20 per glove

AT - 2021 capacity 2.6b with a market cap of Rm800m + warrants market cap, that means it is worth RM0.40 per glove

you know what to do? buy establish player or buy new player? new player better? goodluck

nice la!hahahaha those people still create AT telegram group, when you created that - means time to sell

AT more expensive than topglove if you count their profits, why buy at when you have topglove? who can grow better? who knows the market better? please dump this shit before it drops below 20c

i specifically came here to tell you operators and kyy sold last week massively, u guys still wanna bash me, haha

hahaha still promoting, burn and burn

tg wont move until their workers are healthy, wait 2 weeks

why hope? pe of 6x so what? is a blue sky projection vs topglove pe of 4x, buy who?

edwin i need you to come back! if not cant go up, he has been a pussy disappering

hahahahah, funny , those chasers, rm1 rm2, omg stupid

edwin the pussy came here, today price did not hit 29c, ghost buy from u? don claim credit, see what i typed here, 30c is peak before it reached 30c, edwinyap pity useless dick

so edwin left, here comes glovefinish and teamrocket dickyme all the pussies

where is edwin? come on pussycat