Hey guys, I guess JPM may hv different view from us!!! They always work oppositely!!! They might interpret the QR that TG already fall into the bottom, and now it’s time to climb up??? Coz TG just starting to regain back the market shares!!! Let’s wait and see their latest tp!!!

i3lurker there is red and there is red

like I said many times
New producers with fully automated machines are "Mercedes"
Old producers with 20 year machines are 20 years old Kancils

New producers have low unit costs but higher depreciation coz automated machines costs much higher..
—————————————————-
Haha!!! Really impressive guessssss!!! But absolutely NOT TRUE!!!

williamh Don’t you know China subsidy all strategic industries,the biggest to deeper get impact
12/12/2021 6:22 PM
——————————————-
That’s absolutely true!!! That’s why many of China glove manufacturers are actually buying from Malaysia, but just make relabelling and claim for the incentives/subsidies!!! So, those ppl claimed China glove manufacturers will threaten Malaysia glove manufacturers really laugh die me!!! Coz i knew some of them for doing this long time ago…. So no way China can take the lead from us la.

CharlesT Current ASP
Nitrile USD25-USD30
Natural USD24-USD26
——————————————-
I believe above this level of price, not only Malaysia, many many China glove manufacturers will close shop too if without China government insensitive!!!
TanSri have make a good moves for regain the market shares, FAST &FURIOUS!!!!!! Really shocked me, the price war hv come in so fast!!! I still thought it will take at least couple of yrs!!! But really surprise me!!! Let’s watch the new episode of Fast &Furious #11, directed by TSLWC!!!!!!

With current price war trends, many many small glove manufacturers may enter into the Red Zone already in coming two or three more qtrs?
But I think big manufacturers like Topglove/Harta/Kossan will still able to be survived!!!

ken2004 bro, it can be worst than prepandemic IF it very much over expanded! Cost of operations getting much much higher and higher in terms of raw materials, labour charges, maintenances… But over supply with very much lower price! In this situation,so you think it can’t be happened???

I think our Ular bro already ran most of TG stocks la. Coz he went in around 4.70, and keep renew the FDs until 2.2+, if by pyramid method, I guess average around 3.00. Then latest push up to 3.4+, I believe already escaped la!!!

Remember guys, all this while the price hiking in this glove mania is without Stanley Thai o! Once Stanley back as CEO, all back to normal dump price!!!

Luckily sold fast.. Really upset and unexpected Topglove QR!!! Really can’t understand in this trend how TG going to list in HKex??? Who will apply for the IPO??? Really silly TSLWC!!!!

Luckily sold fast.. Really upset and unexpected Topglove QR!!! Really can’t understand in this trend how TG going to list in HKex??? Who will apply for the IPO??? Really silly TSLWC!!!!

Haha, that’s why i said MOF Zafru very stupxd lo!
At this historical Covid pandemic, actually shd reduce the tax ratio instead of increase, coz first must help Rakyat! Second with the incentive of tax reduced, more investors will jump in to the market and fight! Eventually may bring more tax to government!!! But once tax increase, first many investors will run away from Malaysia, and second some investors will think of account manipulating to avoid the tax! And this may end up with lesser tax to be collected!!! Big Idoxt Zafru!!! Next yr don’t touch most of shares in Malaysia!!! Sure bloodbath!!!
———————————————-
razifffff82 Could be the low net profit is due to cukai makmur?

Cut lost 2.25… leave it YB who waiting at 2.15?

Run 0.975!!! See u next round.

In this trends, only good news is next yr maybe no need to pay cukai makmur!!! TanSri over planned!!!

Aiyo, really poor analysed! No one can see the ACTUAL MOVE of IBs or EPF la. Coz they hv many many more sub accounts la!!!

Haha! Many ppl here don’t know but try to act they’re expert!!!

Good collection day, tomorrow continue..

Good collection day, tomorrow continue..

Haha! 200~300m QR analysts predictions, so must buy cheap lor!

Good entry price for today!!!

Good entry price for today!

Actually frankly speaking… The price of SPM is weak when ST Is the CEO all this whiles!!! When he’s CEO previously, the price float around Rm1~Rm2!!! When he’s not the CEO, the price ever spike to Rm24++!!! So maybe this is the fate!!! Lol…

Razif82, I think to you will be keep or else you won’t bought in 50,000 units la , unless you jump in high. Good chance it will climb above Rm3 again next week! Good luck!

Babyshark01, now only start lost one giant customer already 80% revenue, and yesterday another french customer also cut ties, the rest small customers also standby to cut ties Or maybe bargain further to reduce the price!!! So, nothing good news at all in short periods!!! New customers who dare to give business to you in this sensitive period??? Unless you’ve solved the force labours claim fast! In 6 months? In 1yr? Or 2yrs???
So NOT just lost one major customer lo!!! In short term, really can describe as like the end of the world!!!
———————————————
Babyshark01 Just lost one major customer like end of the world. If management is capable, sure will able to find new customers to fill the gap

Aiyo! Closing will be red la.

I feel their purchase price very very low!

Tuyuyu, how you know Great Eastern lost a lot? You know their actual purchased price???

I think won’t limit down la tomorrow! Worst around 0.27 I guess?

Many Thanks Careplus! 40% in a week!

Thanks Topglove! First target!

Well done SPM!!! Thanks!

Normally when ppl fear to go in, it’ll keep moving up until ppl beh tahan rush in then only lock the door! This is normal practices for sharks!!!

Now suddenly JPM become Topglove & Supermax top10 shareholder.. Why JPM didn’t wait for 1.50???

Now suddenly JPM become Topglove & Supermax top10 shareholder.. Why?

Haha, only sure next yr, Careplus won't kena cukai makmur la!!!

Tomorrow off day la. Bro.

Only LcTitan will easily drop balik la..

Will easily break 2.88 soon.. HK estimated listing price around 2.86 ma!

Recently, i heard Sunway subsidiary Sunway VCP got a lot of illegal workers/force labours through sub-con like Topglove previously too??? Could it because of this reason?

Ha! The price will fly only after QR bad ?

Ha! The price will fly only after QR bad ?

CoolBull bro, very true and well said!!!
Idoit Zafur still didn’t wait up yet!!!
Now only start small drops!!! Why only small drop??? Coz foreign investors still in the market, they trying slowly and quietly withdraw out from market!!! Next yr maybe after CNY, Malaysia market will then crash very vey badly, coz by then, most foreign investors shd be already move out from Malaysia market!!! In this way overall net taxes collected will be much lesser than any yr. So, still got ppl think zafru is not a Big Idoit??? Sigh!!!

————————————————————
CoolBull Cukai Makmur is iddi0t proposal from iddi0t fin min only, it is not an umno idea

it's gonna be attacked from left, right & centre

punishing businesses for being profitable is so, so ridiculous, man

it is the height of absurdity

successful profitable businesses should rightly be rewarded with tax cuts, not penalised with tax increases

Ha! China & Thailand export gone high? High possibility due to Topglove China & Thailand plants increase their productivity since banned by US CBP last yr??? nothing surprise me!!! Maybe Only idoits will believe data or target price…

Ha! China & Thailand export gone high? High possibility due to Topglove China & Thailand plants increase their productivity since banned by US CBP last yr?? nothing surprise me!!! Maybe Only idoits will believe data or target price…

Oh really? Just last yr Dec2020 data…
If JPm already cut win means they try to pull it down for the purposes to buy cheap lor… and who’s the person who bought the 9.8%??? This is a very big piece of shares la.. not easy digest..

https://klse.i3investor.com/blogs/koonyewyinblog/2020-12-14-story-h1537569956-Why_JP_Morgan_downgrades_Top_Glove_Koon_Yew_Yin.jsp

But, don’t forget JPM also hold around 9%? Right?

Haha, now only try to strike back the shorties & IBs by SBB 10%? I feel a bit naive, 10%SBB can beat those giant IBs???

But, sadly this Big4 don’t hv intelligence ppl Elon Musk inside their group!!! That’s why they’ve been keep bullying by shorties & IBs…

Aiyo, can apply for exceptional for takeover ma!!! Merge also good idea. But Taikor Lim and ST can sacrifice of sharing???
Takeover 50% is better, then use Rm3.7b+Rm7b(finance) to buy 50% of Harta!!! Then market price of gloves will be in controlled, all these 3 shares price will explode to the sky, eventually all the purchases will be free by increasing glove price USD 0.10 higher???