Investing Experience Not Disclosed
Risk Profile Moderate
Probability is a measure of 'likeliness' that an event will occur - there are no 100% certainty.
Followers
22
Following
2
Blog Posts
14
Threads
14,500
Blogs
Threads
Portfolio
Follower
Following
Summary
Total comments
14,500
Past 30 days
4
Past 7 days
0
Today
0
User Comments
Stock
2021-02-26 00:35 | Report Abuse
good luck & wish super good news pjseow....
News & Blogs
2021-02-25 23:55 | Report Abuse
it has way superior margin compared to Vitrox and generous dividend payout
even growth..what makes one think that it cant match vitrox?
News & Blogs
2021-02-25 23:49 | Report Abuse
thank you, i wonder why cant it be another Vitrox
News & Blogs
2021-02-25 22:38 | Report Abuse
just read, its always nice reading sifu sslee article.. thumbs up!
Stock
Stock
2021-02-21 22:01 | Report Abuse
well said pjseow, the ASP will not decline till 2022
reason is new capacity and raw material is purchased in advance with a certain expectation on profitability
they will never bring down the ASP , else the new players will not make money
Posted by pjseow > Feb 21, 2021 9:54 PM | Report Abuse
To predict the future earnings and revenues of topglove, we should look at historical facts . The last pandemic was H1N1 which started in Jan 2019 and end in Aug 2010 lasting 18 months. Estimated infected was 60 million worldwide with a few hundred thoudands death. Topglove earning and revenue peak between 12 to 15 months from the beginning of the pandemic. The peak qtrly earning was 70 millions and revenue was 600 millions. After the peak , it taper down.for about a year before they started to move up again. Then in 2015 which was 5 years after the peak in 2010, the earning match the peak of 70 millions. The earnings continue to grow to more than.100 millions. If topglove were to repeat the same.cycle with this pandemic , assuming the earnings peak in 2021, after a year or 2 of tapering down, the earnings will grow and match the 2021 peak in 2026 when the capacity has grown double. How much will topglove worth by then? You can do the maths and not forgetting hiw much dividend you would have recd during the 5 yea
News & Blogs
News & Blogs
News & Blogs
Stock
Stock
Stock
Stock
Stock
News & Blogs
2021-02-21 21:24 | Report Abuse
GENTING CAN FLY KITE TILL FEB 2022
..................................
PHASE 1 (February – April 2021)
Priority group 1
Frontliners comprising of public and private healthcare personnel
Priority group 2
Frontliners consisting of essential services*, defence and
security personnel
Target groups for the 3 phases of vaccination and the
estimated number of individuals to be vaccinated
PHASE 2 (April – August 2021)
Priority group 1
Remainder of healthcare workers as well as those in essential
services and defence and security personnel
Priority group 2
Senior citizens (those aged 60 and over), high-risk group with chronic
diseases such as heart disease, obesity, diabetes and high blood
pressure and people with disabilities (OKU)*
Pandemic control measures
500,000
people
9.4
million
people
PHASE 3(May 2021 – February 2022)
Priority group
Adult population aged 18 years and above (citizens & noncitizens)
Priority will be given to those in the red zones; followed by those
in yellow zones and finally those in green zones
Pandemic control measures
13.7
million
people/
more
Source: MOH
* Will be updated from time to time.
......................
GENTING CAN FLY KITE TILL FEB 2022!
Stock
Stock
2021-02-21 20:46 | Report Abuse
all those vaccine believers jumped out of the boat already...vaccine story no longer will induce sellers...company buy back in billions to support above RM 6 already...
If the vaccine will wipe out the 214 Billion demand - supply deficit, no manufacturer will invest on adding capacity to bear fruit after 18 months....
One need true business acumen to see this
we have EPF and big funds to buy
Stock
2021-02-21 20:46 | Report Abuse
all those vaccine believers jumped out of the boat already...vaccine story no longer will induce sellers...company buy back in billions to support above RM 6 already...
If the vaccine will wipe out the 214 Billion demand - supply deficit, no manufacturer will invest on adding capacity to bear fruit after 18 months....
One need true business acumen to see this
we have EPF and big funds to buy
News & Blogs
2021-02-21 20:05 | Report Abuse
Sri Trang Rubber glove factory in South Thailand in flames
https://www.bangkokpost.com/thailand/general/2072035/rubber-glove-factory-in-south-in-flames
It takes 18 months to build new capacity....but only 1 day to wipe out 1/3 of existing capacity!
Stock
2021-02-21 20:05 | Report Abuse
Sri Trang Rubber glove factory in South Thailand in flames
https://www.bangkokpost.com/thailand/general/2072035/rubber-glove-factory-in-south-in-flames
It takes 18 months to build new capacity....but only 1 day to wipe out 1/3 of existing capacity!
Stock
2021-02-21 20:02 | Report Abuse
Rubber glove factory in South Thailand belong to Sri Trang in flames
https://www.bangkokpost.com/thailand/general/2072035/rubber-glove-factory-in-south-in-flames
Walao....18 months to build new capacity from Sri Trang...existing 1/3 capacity gone ah??
News & Blogs
2021-02-21 20:02 | Report Abuse
Rubber glove factory in South Thailand belong to Sri Trang in flames
https://www.bangkokpost.com/thailand/general/2072035/rubber-glove-factory-in-south-in-flames
Walao....18 months to build new capacity from Sri Trang...existing 1/3 capacity gone ah??
Stock
2021-02-21 20:01 | Report Abuse
Rubber glove factory in South Thailand belong to Sri Trang in flames
https://www.bangkokpost.com/thailand/general/2072035/rubber-glove-factory-in-south-in-flames
Walao....18 months to build new capacity from Sri Trang...existing 1/3 capacity gone ah??
Stock
2021-02-21 19:57 | Report Abuse
From above...what is 1 million covid test per day vs 214 billion gloves shortfall?
and 18 months to make new gloves production capacity?
""investment firms are financing glove purchasing deals in return for large profit share, which in turn is driving total glove cost""
you can imagine why they will never bring down the ASP for next 2 years
Stock
2021-02-21 19:56 | Report Abuse
https://blog.eagleprotect.com/4-major-factors-causing-glove-price-increases
1. SUPPLY AND DEMAND
There has been a 45% increase in global demand for nitrile disposable gloves since the start of COVID-19. Put that into figures, the supply and demand deficit equates to a shortfall of 214 billion disposable gloves - demand has exploded while the supply is only growing incrementally.
US-based Allied Market Research estimates that the global disposable gloves market amounted to $6.8 billion in 2019, and is expected to nearly triple to $18.8 billion by 2027.
This is leading to glove manufacturers posting record profits, attributed to the increased production, a higher volume of gloves sold and significantly higher average selling prices compared with 2019. Net profits as high as a sevenfold increase are now being reported.
2. PRODUCTION COSTS AND CAPACITY
As glove manufacturers produce at their maximum output, the increased glove demand continues to far exceed global supply availability.
The lack of workers in glove manufacturing, due to health and social restrictions of the pandemic, is resulting in increased production costs. Factories must implement Covid testing to avoid the spread of the virus in their facilities, otherwise lockdown measures occur, as has happened to one of the world’s largest glove manufacturers, affecting thousands of workers.
There are also reports of nitrile glove capacity constrained by the shortage of glove moulds, which are essential for production.
3. RAW MATERIALS
The worldwide shortage of nitrile gloves is predicted to continue for more than a year into the first half of 2022 due to a lack of raw materials.
Factories that supply the raw materials are adding new capacity based on the previous year’s demand - insufficient for current demand levels. Building new factories to handle the current demand of nitrile rubber can take upwards of 18 months to be operational.
"The shortage of raw material for our nitrile gloves and the disruption to the supply or production of other material such as packaging materials due to the global lockdown, has caused an increase in the production cost," according to the world's biggest producer of rubber gloves.
4. THIRD-PARTY DEALERS AND HEDGE FUND INVESTMENTS
Social media is awash with third-party dealers offering gloves at exorbitant prices to those desperate enough to purchase from them, in order for their business to continue to operate. Some factories are offloading rejected quality stock they are unable to sell directly to hospitals and governments without legal risks. That is, rejected stock off the production line, offloaded through freight forwarders and third-party brokers without export paperwork which is legally required.
Additionally, investment firms are financing glove purchasing deals in return for large profit share, which in turn is driving total glove cost.
The culmination of these factors are the reason nitrile glove users have seen a dramatic increase in cost throughout 2020. With prices likely to continue increasing for the foreseeable future, purchasing gloves, especially during a pandemic, does come with quality and safety issues for users, particularly in the medical and food industries.
Stock
2021-02-21 19:56 | Report Abuse
From above...what is 1 million covid test per day vs 214 billion gloves shortfall?
and 18 months to make new gloves production capacity?
""investment firms are financing glove purchasing deals in return for large profit share, which in turn is driving total glove cost""
you can imagine why they will never bring down the ASP for next 2 years
Stock
2021-02-21 19:55 | Report Abuse
https://blog.eagleprotect.com/4-major-factors-causing-glove-price-increases
1. SUPPLY AND DEMAND
There has been a 45% increase in global demand for nitrile disposable gloves since the start of COVID-19. Put that into figures, the supply and demand deficit equates to a shortfall of 214 billion disposable gloves - demand has exploded while the supply is only growing incrementally.
US-based Allied Market Research estimates that the global disposable gloves market amounted to $6.8 billion in 2019, and is expected to nearly triple to $18.8 billion by 2027.
This is leading to glove manufacturers posting record profits, attributed to the increased production, a higher volume of gloves sold and significantly higher average selling prices compared with 2019. Net profits as high as a sevenfold increase are now being reported.
2. PRODUCTION COSTS AND CAPACITY
As glove manufacturers produce at their maximum output, the increased glove demand continues to far exceed global supply availability.
The lack of workers in glove manufacturing, due to health and social restrictions of the pandemic, is resulting in increased production costs. Factories must implement Covid testing to avoid the spread of the virus in their facilities, otherwise lockdown measures occur, as has happened to one of the world’s largest glove manufacturers, affecting thousands of workers.
There are also reports of nitrile glove capacity constrained by the shortage of glove moulds, which are essential for production.
3. RAW MATERIALS
The worldwide shortage of nitrile gloves is predicted to continue for more than a year into the first half of 2022 due to a lack of raw materials.
Factories that supply the raw materials are adding new capacity based on the previous year’s demand - insufficient for current demand levels. Building new factories to handle the current demand of nitrile rubber can take upwards of 18 months to be operational.
"The shortage of raw material for our nitrile gloves and the disruption to the supply or production of other material such as packaging materials due to the global lockdown, has caused an increase in the production cost," according to the world's biggest producer of rubber gloves.
4. THIRD-PARTY DEALERS AND HEDGE FUND INVESTMENTS
Social media is awash with third-party dealers offering gloves at exorbitant prices to those desperate enough to purchase from them, in order for their business to continue to operate. Some factories are offloading rejected quality stock they are unable to sell directly to hospitals and governments without legal risks. That is, rejected stock off the production line, offloaded through freight forwarders and third-party brokers without export paperwork which is legally required.
Additionally, investment firms are financing glove purchasing deals in return for large profit share, which in turn is driving total glove cost.
The culmination of these factors are the reason nitrile glove users have seen a dramatic increase in cost throughout 2020. With prices likely to continue increasing for the foreseeable future, purchasing gloves, especially during a pandemic, does come with quality and safety issues for users, particularly in the medical and food industries.
Stock
2021-02-21 19:54 | Report Abuse
From above...what is 1 million covid test per day vs 214 billion gloves shortfall?
and 18 months to make new gloves production capacity?
""investment firms are financing glove purchasing deals in return for large profit share, which in turn is driving total glove cost""
you can imagine why they will never bring down the ASP for next 2 years
Stock
2021-02-21 19:53 | Report Abuse
https://blog.eagleprotect.com/4-major-factors-causing-glove-price-increases
1. SUPPLY AND DEMAND
There has been a 45% increase in global demand for nitrile disposable gloves since the start of COVID-19. Put that into figures, the supply and demand deficit equates to a shortfall of 214 billion disposable gloves - demand has exploded while the supply is only growing incrementally.
US-based Allied Market Research estimates that the global disposable gloves market amounted to $6.8 billion in 2019, and is expected to nearly triple to $18.8 billion by 2027.
This is leading to glove manufacturers posting record profits, attributed to the increased production, a higher volume of gloves sold and significantly higher average selling prices compared with 2019. Net profits as high as a sevenfold increase are now being reported.
2. PRODUCTION COSTS AND CAPACITY
As glove manufacturers produce at their maximum output, the increased glove demand continues to far exceed global supply availability.
The lack of workers in glove manufacturing, due to health and social restrictions of the pandemic, is resulting in increased production costs. Factories must implement Covid testing to avoid the spread of the virus in their facilities, otherwise lockdown measures occur, as has happened to one of the world’s largest glove manufacturers, affecting thousands of workers.
There are also reports of nitrile glove capacity constrained by the shortage of glove moulds, which are essential for production.
3. RAW MATERIALS
The worldwide shortage of nitrile gloves is predicted to continue for more than a year into the first half of 2022 due to a lack of raw materials.
Factories that supply the raw materials are adding new capacity based on the previous year’s demand - insufficient for current demand levels. Building new factories to handle the current demand of nitrile rubber can take upwards of 18 months to be operational.
"The shortage of raw material for our nitrile gloves and the disruption to the supply or production of other material such as packaging materials due to the global lockdown, has caused an increase in the production cost," according to the world's biggest producer of rubber gloves.
4. THIRD-PARTY DEALERS AND HEDGE FUND INVESTMENTS
Social media is awash with third-party dealers offering gloves at exorbitant prices to those desperate enough to purchase from them, in order for their business to continue to operate. Some factories are offloading rejected quality stock they are unable to sell directly to hospitals and governments without legal risks. That is, rejected stock off the production line, offloaded through freight forwarders and third-party brokers without export paperwork which is legally required.
Additionally, investment firms are financing glove purchasing deals in return for large profit share, which in turn is driving total glove cost.
The culmination of these factors are the reason nitrile glove users have seen a dramatic increase in cost throughout 2020. With prices likely to continue increasing for the foreseeable future, purchasing gloves, especially during a pandemic, does come with quality and safety issues for users, particularly in the medical and food industries.
News & Blogs
2021-02-21 19:53 | Report Abuse
what is 1 million covid test per day vs 214 billion gloves shortfall?
and 18 months to make new gloves production capacity?
""investment firms are financing glove purchasing deals in return for large profit share, which in turn is driving total glove cost""
from above you can imagine this will never bring down the ASP for next 2 years
News & Blogs
2021-02-21 19:50 | Report Abuse
https://blog.eagleprotect.com/4-major-factors-causing-glove-price-increases
1. SUPPLY AND DEMAND
There has been a 45% increase in global demand for nitrile disposable gloves since the start of COVID-19. Put that into figures, the supply and demand deficit equates to a shortfall of 214 billion disposable gloves - demand has exploded while the supply is only growing incrementally.
US-based Allied Market Research estimates that the global disposable gloves market amounted to $6.8 billion in 2019, and is expected to nearly triple to $18.8 billion by 2027.
This is leading to glove manufacturers posting record profits, attributed to the increased production, a higher volume of gloves sold and significantly higher average selling prices compared with 2019. Net profits as high as a sevenfold increase are now being reported.
2. PRODUCTION COSTS AND CAPACITY
As glove manufacturers produce at their maximum output, the increased glove demand continues to far exceed global supply availability.
The lack of workers in glove manufacturing, due to health and social restrictions of the pandemic, is resulting in increased production costs. Factories must implement Covid testing to avoid the spread of the virus in their facilities, otherwise lockdown measures occur, as has happened to one of the world’s largest glove manufacturers, affecting thousands of workers.
There are also reports of nitrile glove capacity constrained by the shortage of glove moulds, which are essential for production.
3. RAW MATERIALS
The worldwide shortage of nitrile gloves is predicted to continue for more than a year into the first half of 2022 due to a lack of raw materials.
Factories that supply the raw materials are adding new capacity based on the previous year’s demand - insufficient for current demand levels. Building new factories to handle the current demand of nitrile rubber can take upwards of 18 months to be operational.
"The shortage of raw material for our nitrile gloves and the disruption to the supply or production of other material such as packaging materials due to the global lockdown, has caused an increase in the production cost," according to the world's biggest producer of rubber gloves.
4. THIRD-PARTY DEALERS AND HEDGE FUND INVESTMENTS
Social media is awash with third-party dealers offering gloves at exorbitant prices to those desperate enough to purchase from them, in order for their business to continue to operate. Some factories are offloading rejected quality stock they are unable to sell directly to hospitals and governments without legal risks. That is, rejected stock off the production line, offloaded through freight forwarders and third-party brokers without export paperwork which is legally required.
Additionally, investment firms are financing glove purchasing deals in return for large profit share, which in turn is driving total glove cost.
The culmination of these factors are the reason nitrile glove users have seen a dramatic increase in cost throughout 2020. With prices likely to continue increasing for the foreseeable future, purchasing gloves, especially during a pandemic, does come with quality and safety issues for users, particularly in the medical and food industries.
News & Blogs
2021-02-21 16:38 | Report Abuse
you want to buy recovery stocks...you do la...it has no conflict of interest with gloves earnings...
like i said earlier, the covid testing is 1% of the demand
general hygiene standards change worldwide - 99% of the demand
News & Blogs
2021-02-21 16:25 | Report Abuse
all big 4 glove makers (Harta, Topglove, Supermax, Kossan) had already buy back shares significantly above current trading price (after the vaccine news broke)....even EPF is buying at current price
market cannot ignore this for too long
i dont mind missing the bottom which is uncertain, so that i dont miss the upward thrust which is inevitable
News & Blogs
2021-02-21 16:13 | Report Abuse
actually now...uncle's never give up attitude is giving more and more confidence to gloves stocks....
the kite is slowly getting a grip
the longer there are no adverse news on gloves asp.... the pressure will build up for upward thrust
naysayers may slowly start to sense this...
Stock
News & Blogs
2021-02-20 17:30 | Report Abuse
i think it is more to prevent the vaccine administrator becoming a medium of transmission from on patient to another by inadvertently passing the virus via physical contact ..
only by using disposable gloves the chain is broken
https://www.osha.gov/laws-regs/standardinterpretations/1992-09-01-0
Stock
Stock
News & Blogs
2021-02-20 17:19 | Report Abuse
In a nutshell, just yearly vaccination of Europeans and U.S would easily drive gloves demand equivalent to the the current covid testing requirements of 1 million per day, even assuming at the worst scenario of only 10% of the vaccinators wearing gloves.
I think European and Americans vaccinator at the rate of 10% wearing gloves would be realistic...they wont be as cheapskate like other poor countries compromising on safety.
and yes thats a yearly recurring event
News & Blogs
2021-02-20 17:11 | Report Abuse
read the numbers la...not what the people want...
News & Blogs
2021-02-20 17:08 | Report Abuse
Covid testing is 1 million per day. Which is 1% of the demand contributors as shown above.
Assuming vaccination is 10 million per day with only 10% of vaccinators wearing gloves, this would effectively displace the demand drop from covid testing (assuming it becomes zero for argument sake).
Now at 10 million vaccination per day for half of the world population which takes 2 doses, that would take how many months?
5 million people vaccinated with 10 million dose per day. 5 billion people will need 1000 days.
Thats like 3 years. Thats at the rate of vaccinating 1.2 billion per annum.
And this is going to be yearly event...
and that had easily filled up the missing demand from testing
when the hell are we going to vaccinate the whole world?
News & Blogs
2021-02-20 16:49 | Report Abuse
Demand & supply gap in 2021 is expected to be about 120 billion gloves per annum. Thats like 330 million gloves per day.
Covid cases and test per day is no more than 1 million per day. Thats about 2 million max from testing.
This is peanuts compared to the projected demand which is obviously not related to the testing...
This means 99% of the induced demand is something structural - a general change in practise for preventive measures.
Till the covid 19 and its variants are completely eliminated or the whole wprld is vaccinated...its likely this measures will continue and even carry on further
why bring testing which is 1% of the demand into the picture?
I am pretty sure the maths are not that difficult considering easily available data to justify the numbers used above
News & Blogs
2021-02-20 16:34 | Report Abuse
you think TG buying back shares just for the fun of it?
you think your gut feeling mathematics' induced by fear hormones...is more advanced than these business leaders....who has all the numbers to justify in front of them
News & Blogs
News & Blogs
Stock
2021-02-20 16:08 | Report Abuse
so many surgeries are in waiting list..
in fact this will cause further spikes in nitrile gloves asp as gloves production capacity will not have risen fast enough by then to cope with this new pent up demand following vaccination of the health care workers and elderly...
the moment above 60s are vaccinated they will all rush for the long pending surgeries they postponed too long
Stock
2021-02-20 16:06 | Report Abuse
so many surgeries are in waiting list..
in fact this will cause further spikes in nitrile gloves asp as gloves production capacity will not have risen fast enough by then to cope with this new pent up demand following vaccination of the health care workers and elderly...
the moment above 60s are vaccinated they will all rush for the long pending surgeries they postponed too long
News & Blogs
2021-02-20 16:06 | Report Abuse
so many surgeries are in waiting list..
in fact this will cause further spikes in nitrile gloves asp as gloves production capacity will not have risen fast enough by then to cope with this new pent up demand following vaccination of the health care workers and elderly...
the moment above 60s are vaccinated they will all rush for the long pending surgeries they postponed too long
Stock
2021-02-20 15:58 | Report Abuse
gloves is not compulsory...but those countries that can afford will anyway use it
Blog: What i3 stand for? Is Calvintaneng your friend or foe?
2021-02-26 00:52 | Report Abuse
thanks moneySIFU...wish you well too...miss those days in i3 where there were less people and less noise to filter..hehe