2022-11-02 12:42 | Report Abuse
I think so as they are unable to fulfill Bursa requirements
2022-08-09 13:37 | Report Abuse
High possibility that 2 Qtr results will be good and seems like they have meet the Bursa requirements to remove out from the PN17 status.
Good Luck KTB
2022-07-09 10:05 | Report Abuse
heard factory going to stop production.
2022-06-10 12:38 | Report Abuse
TG got themselves to be blamed for very thin profit margin in this quarter and coming quarters to come.
They were the the one to offer pricing below production cost. Others have no choices but to follow.
2022-06-09 14:44 | Report Abuse
Mah Sing looking for buyer to buy their gloves business at a loss and no body seems like interested
2022-06-09 14:36 | Report Abuse
Coming quarter results will be worse compare this quarter, From June ASP TG Just offered 18.00 ASP compare 21 - 22.00 in the previous month,
Prepare to close shop liao
2022-06-09 11:45 | Report Abuse
Thee are difficulties all glove companies are facing with
Because gloves are overstuffed, if you do not accept orders with lower production cost, how they want to pay for the monthly high admin cost, overhead cost, loans etc
So they forced to take in orders with losses and these continue for sometimes, they may be forced to close shop. This is a reality.
In China, it already happened many many factories closed and cleared their stocks on clearance price. I think this will happen over here as well.
So advisable dont touch glove counter,
There are many investment companies intentionally created good scenario so they can clear their heavy stocks on hand
2022-06-09 10:51 | Report Abuse
TG is the trouble maker.
Every one is selling with a break even or small profit margin. However TG unable to secure the orders due to too bad reputation, so they disturbed the market by selling below production cost.
Are Gloves counters totally see no future
2022-06-08 16:29 | Report Abuse
Base on few months back and current Average selling pricing and factories not running in full, really hardy to believe they can make profit in this quarters and many quarters to come.
2022-06-08 16:24 | Report Abuse
not trying to misleading as this is a real facts especially EPF is disposing off all their glove counter shares, there is no doubts they still have very less andbut they are trying to let go all.
2022-06-08 16:20 | Report Abuse
all big players started few months back to sell gloves counters as they have already know that it is a sunset time.
2022-06-08 12:03 | Report Abuse
Gloves demand dropped tremendously, most of the factories in Malaysia is running 50% of their utilization capacity, should be happy if any one of them can run 60 to 70%
Currently the world gloves is pretty overstuffed.
In China, most of the factories closed down and cleared their stock at very lowest price.
This scenario will continue in many years to come, so advisable do not touch on ALL the gloves counters
2022-06-08 11:44 | Report Abuse
Happy to sell all i have at 1.21
Will not touch this counter again
2022-06-08 10:28 | Report Abuse
there are many proxy fake buyers so sell before regret
2022-06-08 10:27 | Report Abuse
Guys, it is a good time to sell now at the current price before they release the QR,
current price at 1.21 is still consider over value.
2022-06-08 10:21 | Report Abuse
Lets share the whatever value info and make sure all our hard earn money will not flowing to the cunning people
2022-06-08 10:11 | Report Abuse
Guys, How to expect a good QR ?
The coming counter is a base on Mar, Apr and May 2022.
Comparing with the preceding quarter, Gloves selling price dropped about 80% and sales dropped by about 100% or more.
Unless they use magic hand otherwise dont expect for good QR results
2022-06-08 10:04 | Report Abuse
Hahahaha.... They just wanted to cheat and and push out more of their current shares to the market.
2022-06-08 09:54 | Report Abuse
They created the news saying that the major shares holder is keep buying from the market and shares buy back etc but this is a trap to cheat all those no knowledge / no experience buyers. The reason being they have set so many nominee account and release the shares.
You will see the share price will fall below 1.00 very soon.
2022-06-08 09:25 | Report Abuse
TG Products reputation on quality is no good all these while, they sold well during the pendemic just because buyers in panic status and afraid could not get the supply so even rubbish glove stocks from TP also they absorb.
Since demand period is over, therefore they can not sell their products now, they lower their pricing now to attract buyers.
Unfortunately, the buyers will not get back.. So How TG can make profits ?
2022-06-06 10:45 | Report Abuse
I heard when in normal time, no buyers interested in TG products, other than quality no good , always cheating to pack short quantity, in the case of 100 gloves, they always pack with 80 -90 gloves, can claim their product is cheap and efficiency
2022-06-06 10:14 | Report Abuse
TG is the only very big trouble maker in the market, lets not support and forget the existing.
2022-06-06 09:39 | Report Abuse
Please always dont trust this counter --- TG
In the market AVS is about 21.00 / ctn minimum with the profit of 5 to 10% maximum.
TG is only offering 18.00 to under cut their competitor, 18.00 is for profitable.
So obviously TG is desperately need the sales revenue to do some fake account
2022-06-02 16:56 | Report Abuse
TG is not worth to keep for investment, Reputation is too bad on quality.
2022-06-02 16:54 | Report Abuse
dont wait for rebound to cut loss, still the right time to sell
2022-06-02 15:18 | Report Abuse
For sure market will not be good for gloves business for many years to come. if rebound happen, clearly the sharks made it higher to run.
2022-06-02 14:59 | Report Abuse
advisable to sell and cut loss as the situations will not be improved for many years
2022-06-02 14:52 | Report Abuse
TG inability to clear high inventories, market ASP is approx 22.00 - 23.00, but buyers can now get just 18.00 from them, it is a bad sign for this counter and of course all the gloves counter as well
2022-06-02 14:47 | Report Abuse
run quick, they have no orders and willing to sell under production cost
they will continue to operating at a heavy loss for many quarters to come
2022-05-10 11:09 | Report Abuse
They have nothing positive so desperate to dispose off the shares which they got it from private placement at 0.10 per share
Beware and lets not falling into their trap
2022-04-26 15:06 | Report Abuse
Avoid con counter KTB,
2022-04-26 15:05 | Report Abuse
fake buyers and seller, the same gang buy and sell to attract buyers so they can throw
2022-04-26 13:35 | Report Abuse
2022-04-01 14:49 | Report Abuse
seems like bad news is coming
2022-03-19 10:16 | Report Abuse
2022-03-19 10:15 | Report Abuse
I dont think it is worth to invest counter
2022-03-01 16:37 | Report Abuse
still the right time to collect this counter. Good luck
2022-02-07 14:52 | Report Abuse
the reasons being they have made continuously profit which have met the criteria set up by bursa
2022-02-07 14:47 | Report Abuse
it seems they will announce to move out from PN17 status by end of the month
2022-01-14 11:16 | Report Abuse
Beware,.....they are not ordinary thieves, once they are thieves, forever they are thieves
2022-01-02 11:13 | Report Abuse
They will be severely punished by the authority sooner or later for their very dishonest done.
2022-01-02 09:50 | Report Abuse
JR, somehow the present set of thoroughly very incompetent, very inafficient management people need to go ,otherwise 10 -30 years also cant boom. haha
2021-11-30 09:33 | Report Abuse
yesterday the announcement on PN17 status, can anyone share your views ?
2021-11-19 11:02 | Report Abuse
yes... sure many good things are coming, good luck guys.
2021-09-16 12:53 | Report Abuse
Thks CK1973 for sharing yr views, heard they will have a set of new management from a listed company , they are actually holding the majority shares since few months back.
2021-09-16 11:58 | Report Abuse
after the write off the debts and land revaluation the negative NTA (0.15) will be on the POSITIVE
2021-09-16 10:08 | Report Abuse
will convert core business to construction and property sector
2021-09-16 10:06 | Report Abuse
from reliable source
1. Reverse take over
2. Will quit PN17
3. 20% private placement
4. All the debts will be write off
2021-09-16 10:03 | Report Abuse
many good news coming very soon
Stock: [KTB]: KONSORTIUM TRANSNASIONAL BHD
2022-11-07 13:53 | Report Abuse
From Hopeful to Hopless