Share price after bad quarterly result release will test support 70 sen

Bad outlook for glove companies will cause share price drops lower and lower

The big 4 glove companies will lose at least 500 millions tis year as oversupply of gloves causing very low utilization rate

Next final 4th quarter another red net loss and revenue up or down from 3rd quarter is still uncertain

Top Glove management/owner share buyback again to limit share price from going down more

From 3rd quarter financial result there is good news (net loss decreasing) and bad news (revenue decreasing even after 6% increase in ASP price) compares to 2nd quarter financial result

Armada share price going lower and lower as its FPSO Kraken shut-in problems will cause it to report losses coming quarterly result

Government drug contract until 30 June 2023

Top Glove next quarter confirms can't return to profitability as worldwide gloves oversupply causing low utilization rate 40+% and increasing production costs e.g natural gas prices in October

UlarSawa

Be optimistic sikit leh. We are not insider. We are outsider. Leave it to insider to run the business ok. We only put FD and see ada return or not only. Let Tan Sri and his team to crack their head to minimize the operating cost lah. You and me also dunno lah. Haiyoh. Correct?

This is a reality Top Glove will post net loss coming quarterly result although it starts to increase ASP slightly but worldwide gloves oversupply issue still persists and increasing production costs will continue

UlarSawa

Wei dont curse Taikor sure loss QR again lah. Tan Sri cakap mau increase ASP and die die want to sell gloves at higher price leh. Not sure boleh increase the margin or not. Cut manpower from 22k to 17k already mah. Haiyoh. Correct?

Top Glove next QR confirms net loss and negative EPS as higher production costs, gloves oversupply and low utilization rate....As always just need official quarterly result announcement by Top Glove management another 3 months time

UlarSawa

Ya lor. Shortists attack Taikor again. Then wait for next QR see Tan Sri can produce result or not lor. If still cannot then wait for him to apologise again lah. Haiyoh. Correct?

Top Glove negative earnings per share and net loss for coming quarter again with depleting cash balance and higher interest rate for bank borrowings

Top Glove net loss in 4th quarter result is almost certain and only needs official announcement by Top Glove management today

UlarSawa

Yalah so you can MHP sekarang lah. Correct?


Ryan83

I already said last month Top Glove will post net losses for 4th quarter result due to increasing production costs and low utilization rate

I already said last month Top Glove will post net losses for 4th quarter result due to increasing production costs and low utilization rate

Supermax US glove plants will be net loss making as very high production costs due to increasing wages and energy costs

Malaysia glove companies need to sell below USD20/1000 pcs to compete with China counterparts for next few quarters due to oversupply problems lasting until 2024

Yesterday Careplus quarterly result revenue RM85millions but but net loss RM35millions due to declining ASP price every month,high overhang stocks by buyers and high oversupply of gloves

Yesterday Careplus quarterly result revenue RM85millions but but net loss RM35millions due to declining ASP price every month,high overhang stocks by buyers and high oversupply of gloves

Yesterday Careplus quarterly result revenue RM85millions but but net loss RM35millions due to declining ASP price every month,high overhang stocks by buyers and high oversupply of gloves

Supermax worst quarterly result yet to come for coming November quarterly result

Supermax tis week will announce very exciting quarterly result as ASP still declining and production cost keeps increasing

Supermax tis week will announce very exciting quarterly result as ASP still declining and production cost keeps increasing

Supermax tis week will announce very exciting quarterly result as ASP still declining and production cost keeps increasing

Supermax total capex in US for phase 1 and 2 is USD550 millions (RM2.4 billions) and next few quarters few hundred millions negative cash flow

Supermax RM3 billions used for US plants expansion and next few quarters negative operating cash flow

Lets wait for Supermax quarterly result boom next week

Top Glove green but other big 3 still red sea

Supermax will release very exciting QR next week

Harta share has become Bursa de Genting Casino top volume with very high price fluctuations

Next week Supermax quarterly result will see red bloodbath

Harta next few quarters profit impossible RM100 millions most probably less than RM50 millions as ASP will drop below USD20 less than pre pandemic price to compete with China gloves

Harta heavy selling again by institutional investors and short sellers.......ASP trending lower than USD20 next few quarters to compete with China gloves

How come rr88 sifu average price 87sen only and cut loss 83sen with 6 millions total shares

rr88 sifu add 2 millions shares today already total 6 millions shares unbelievable and maybe scammer as paper loss already 600k

Next quarter result in mid September Top Glove reporting net losses and negative EPS can't justify how low the share price will hit bottom

rr88 sifu 4 millions shares now paper loss more than 600k and share price already break 80sen support level

Next quarterly result in mid September definitely net losses and negative EPS can't justify how much value is Top Glove share to fall further

rr88 sifu today bought another 10,000 lots 86.5sen so total shares in hand 40,000 lots average price 95sen now suffering paper loss 400k as of today closing price 85.5sen

Top Glove ASP already less than USD20/1000 pcs to compete with Hartalega,Kossan and China big glove companies definitely reporting red ang pow quarterly result in mid September

Top Glove ASP must be lower compares to other 3 top competitors Hartalega,Kossan and Supermax to increase market share in US,Europe and Asia thus sacrificing profits and reporting red bloodbath coming quarterly result in mid September

rr88 sifu add another 10,000 lots now total 40,000 lots RM3.8 millions average price 95sen really damn confident even paper loss more than RM300k

rr88 sifu 30,000 lots if still holding current paper loss already 300k really very painful as share price under heavy selling pressure

Supermax finally broken 80sen support level and continue to fall as next quarterly result end of this month will be net losses and negative EPS

@rr88 sifu still holding 30,000 lots and paper losses few hundred thousands really painful

The most critical problems facing Malaysia glove companies are oversupply of gloves globally and increasing production cost but declining ASP until end of this year

Next 2-4 weeks Top Glove,Supermax,Careplus,Comfort and Ruberex will report red bloodbath quarterly results

More than 20 millions shares transaction 92.5sen....Tomorrow going to test 90sen support level

Next 2-4 weeks Top Glove,Supermax,Careplus,Comfort and Ruberex will report red bloodbath quarterly results

@rr88 what is your TP for your 30,000 lots Top Glove average 98sen?

Next quarterly result red bloodbath net losses and negative EPS as production costs higher than ASP with utilization rate around 50-60%