better sell other counter,
all in glove,

2nd mco possible if cases out of control

time to collect le,
all counter panic sell,
mco no mco,
glove top profit

want fast money,some risk and thrill,
go to small cap glove or healthcare, though i dont recommend these time of year, as market sentiment not so good, wait for nov to dec.

just get ticket while still undervalue,
and keep it, as growing saving,
company most profit during covid time,
company care for their shareholder,
give div and bonus.

Supply is still in short supply before 2022, and the price of gloves is expected to remain high
(Kuala Lumpur, 5th) The number of new cases of new coronary pneumonia in my country has surged and remained in the triple digits for several consecutive days. Based on the strong demand for gloves and tight supply, Kenanga Investment Research believes that the average selling price of gloves continues to rise, and the supply of raw materials is tight. The new production capacity is still insufficient to meet the three major benefits of demand, and the prospects for glove stocks in the next few quarters are still bright.
Kenanga Investment Bank Research pointed out in the report that the average selling price of gloves continued to increase, with prices rising by 10% to 30% from September to December, indicating that tight supply has further pushed up the average selling price. The bank is optimistic about the future of the glove industry in the next few quarters and has given an "overweight" rating.
"The average selling price of top gloves (TOPGLOV, 7113, the main board of healthcare) in September, October and November increased by 30%, 30% and 15% on a month-to-month basis, which further indicates a tight supply."
"Due to its diverse customer base, we expect top gloves to have pricing power, so the price may be higher than the industry average. Based on the limited supply, we expect raw material prices to rise, which will lead to higher average selling prices."

Ding ★ Gloves have large room for growth
Although investors are worried that some listed companies will enter the glove manufacturing field and cause oversupply, the bank predicts that there will be no oversupply in the market at least in the first three quarters of 2021.
The bank reported that the demand for gloves from this year to 2022 will exceed the supply. Assuming a 15% increase in demand in 2022, the supply will still exceed supply.
"Looking at the number of new capacity alone is indeed very large, but compared to the annual demand growth and the new demand caused by the epidemic, additional capacity is not a problem."
In addition, it usually takes 12 to 15 months to complete a factory from the purchase of land to obtaining the customer's audit inspection and regulatory approval, and then to the commissioning of the first production line.
Kenanga Investment Bank Research pointed out that the limited supply of raw materials and hand mold factories further curbed concerns about oversupply and pushed up the average selling price. At the same time, raw material prices are also expected to rise due to limited supply.
According to the analysis, the bank predicts that the market share of Ding★ (information: month + green) gloves will continue to grow, with a potential growth rate of 30%, and will seize the market share of latex gloves.

that is why tg hard to up,
because there is block,
be grateful, u still have chance to join boat, while it still below 9.

yeap, if want to wait,
just watch it break 9, then buy.
next month break 10

nothing can kill tg bullish trend,
i think, this week will break 9,
last rm8 boat, check the TA.

well said paktua !

mikecyc is everywhre,
they failed at topglov,

where there is person like mikecyc,
counter got potential to up,
so they create fear, to buy cheap, and sell high,
repeat process.

tan sri already very straight and transparent during last interview,
already prove by recent qr,
if u trust on tan sri vison,
should park some in tg.

issues and doubt is also good,
now the price have strong support.

worst can be,
2nd mco for mys,
klci drop very bad,
but it is just chance to by on dip for good counters

lets see what issues can pull tg price down:

politic issue? passed
vaccine news? passed
dow jones pull back? passed
klci pull back? passed
conman team spreading fear? passed
maybe, 2nd mys mco? let the market decide

to me, Glove sector will bull at least until official vaccine annouced by WHO.

agm soon,
park some,
today is ideal,
anwar news shake bursa

nice buy on dip

it is very obvious,
when they want to hold or pump the price,
1.the buy volume, average 1million for each price bid.
2.then suddenly dump,

repeat 1&2,

if u have experience this before,
now is the exit phase,
not the entry phase.

half capital better than some capital,
some capital better than fried chicken.

park in glove,
no problem,

price drop, people sure collect,

nasdaq crash, tech crash,
covid19 on, mco reinforce, all crash.

glove still shine.

yeap,
many country underestimate this virus,
if malaysia cant control this time,
it will be worse,
as the virus now has mutated, more contagious than before.

just park some capital,
keep at least till next qr out,
see the difference.

Price cant crash,
tan sri keep share buy back.

park some,
before up to 70cents
below 0.650, consider cheap.

vaccine no hope, until next year progress.
new normal is the only way to control for now.
if dow jones crash, because of covid cases.
healthcare will thrive, lead by glove.

all healthcare will hold bursa index,
lead by glove

hop on,
put some capital in,
let it ride,
till next qr,
no worries,
tan sri with us.

if want to play goreng counter,
enter low, when there is volume,
buy on rumour, sell on news.
better join goreng counter that is currently trending,
sector health care, 5g, gold, oil.. now seems plantation, give goreng signal.

if stuck, they will resume goreng, still hot.

never chase high, especially with small volume,
but limit up, they just buy and sell between them,
other buy, other bid higher,
exchange price, so, limit up,
news, is time to sell fast, not all in.

just sharing some my exp, these few months.

this type of counter,
-ve earning.

if u bought at peak,
hope u dont all in.

possibily, will red, until below rm1.

so option
1. cutloss, heavy damage.
2. wait for 0.80 to 0.40, buy again, average down.
hold till, next goreng.

@Jackthejeep
sure is joker

5% lobster

wow,
pure fry,
first time see, limit down suddenly.

can consider protect capital.

with that profit, 1.3bil, and incoming profit,
tan sri genoreous already, give hint and future prospect in interview,

below 8 consider cheap,
below 7 in ur dream
below 6, go que with macquire.

well, contra is ok,
goreng, will not gain so much,
coz big cap counter,

all those noise,
have seen those before,
1. burn because cut loss/margin call
2. now want cheap ticket

they have team, check other counter,
they also there, but, that is okay,
with them, share price will be more stable, with support test.
The one that is anoyying, is the spamming lord, hush2, go away.

so, easy, pick counter with fundamental.

for those who cutloss yesterday,

should learn from this,

how come u cutloss with that qr,

always back to fundamental,

or else, got swallowed by those sharks

UPDATE 2-Top Glove looks to list in Hong Kong after 'supernormal' pandemic demand

* Company in talks with bankers about HK listing - exec
chairman
* Strong glove demand drives Q4 net profit up 17x to 1.3 bln
rgt
* Demand surge expected to continue next 2 years
* Earmarked 8 bln rgt for capex over next 6 years

(Adds detail on group's business)
By Liz Lee
KUALA LUMPUR, Sept 17 (Reuters) - Malaysia's Top Glove
Corporation Bhd <TPGC.KL> said it planned to list in Hong Kong
within six to nine months after "supernormal" demand for
disposable gloves during the COVID-19 pandemic saw its quarterly
profit skyrocket to a company record.
Executive chairman Lim Wee Chai said the world's top
disposable medical glove maker, which is already listed in
Malaysia and Singapore, was in talks with bankers about the Hong
Kong deal.
"It's only a plan and we are talking to the bankers to see
which is the most suitable method to go for listing in Hong
Kong," he added in a virtual briefing. "As a whole we are a
global company, we must expand our company to a bigger market so
that (we are) visible in the world market."
Top Glove outlined the plans to list in the Asian financial
centre as it posted its highest-ever quarterly net profit of
1.29 billion ringgit ($311.37 million), for its fourth quarter
which ended on Aug. 31.
That was 17 times higher than the 74.2 million ringgit it
made a year ago, and easily surpassed the 349.2 million ringgit
average analyst estimate from a poll by Refinitiv.
Revenue was up 161% year-on-year to 3.11 billion ringgit.
Managing Director Lee Kim Meow said the financial results
"hit an unprecedented high". Protective gear will still be
required even when a vaccine becomes available, Top Glove added.
"With a triple-digit increase in the group's monthly order
book and lead times closing in on the two-year mark, we expect
to continue delivering solid results well into financial year
2021," Lee said .
Glove demand remains at a "supernormal level", the company
said, estimating demand would grow 25% next year from the 20%
this year, and 15% post-pandemic.
Sales volumes for the quarter rose 42.5% from a year ago,
and 16.6% for the 2020 financial year.
Top Glove currently has the capacity to produce 85.5 billion
glove pieces - one of a pair - a year and has earmarked 8
billion ringgit of capital expenditure over the next six years
to add an additional 100 billion pieces of capacity.
Its new Vietnam factory is scheduled to be commissioned next
month.
($1 = 4.1430 ringgit)

(Reporting by Liz Lee; Editing by Rashmi Aich and Pravin Char)
((liz.lee@thomsonreuters.com; Desk: +60323338039; Twitter:
@livinglizly;))

when the price was pull down,
the con man try even harder to crash it,
wahaahha,
let us see,
can it be drag down below rm7 with those recent qr.
bravoo

it is very obvious that klci index depend on topglov,
so by manipulating topglov, klci index can be crash slowly.

hi, if only and only if,
please add me

wohooo,
all glove counter will follow TG.
BOMBASTIC QR,
indeed robust qr as tan sri mention,

big boss already give hint.

wahhahahahahahaha,
where is the conman team,
indeed topglov boss live to his reputation

wohooo, hold 3 yrs no problem

respect hlt,
out of all glove counter,
very strong bull,
lvl2 no problem, after tg qr out today.

mikecyc, spamming lord, very anoyying

humongoinz, the savior, please save us all, ohno, we see it, we making losses.


these 2, plus their team is almost everywhre in hc counter.
well the oracle team, they know the red future.

haha, humongoiz the messiah,
thanks a lot for ur so advice,
now we ar more concious of our so called investing/trading.

lol le humongoinz,
i saw u on almost all hc counters,
acting savior of people,
haha..

we here enter at our own risk,
u acting like u got bloody exp. last month red sea,
everyone got that exp. here,
no need acting all messiah. haha

lolol,
acting all pro,
if want to collect cheap, just tell le,
i will sell some.
haha

qr kaboom profit,
later annouce div,
pheee,
every qr got bonus,
save for pocket money le,
covid off, WHO annouce official vaccine,
macqurie publish another report,

unload all.

buy back at bottom,
easy.

nvm,
hlt lvl2 today

hahhahahaa,
too many contra,
others want cheap.

see u at lvl9 tomolo,
bye2 lvl8,
lvl7 in ur dream,
lvl6, ask maqurie to release report again, haha

kemon mikecyc,
so anoyying,
hush2, go away,
spamming old news again,
show some dignity le

just q tomrrow at rm2 quietly.
haha

Why Topglove?


Top Revenue,Top Profit,Top Dividend,Top Growth,Top Capacity,Top Boss,Top Ambition


- It's the only company with the largest capacity of 85 billion glove per annum

(more than 2.2x Harta, 3.5x Supermax, 2.5x Kossan, 2.6x Sri Trang).
Note: Others not mentioned are too small, like a drop of ink in a glass.


- Whoever has the largest capacity wins. Everyone can qualify this statement.


- Though it may not have the highest ASP, the GAP is narrowing in the month of Sept(20% hike),Oct(20%hike)


-Don't be fool by the some rival glove producers that claim the highest ASP. THAT IS SPOT PRICE. [That's why the profit after tax is not reflecting the ASP price because it has LOW CAPACITY for SPOT PRICE]


- For Topglove capacity of 85 billion currently, it has MORE than 4 billion capacity every quarter for SPOT PRICE.
This coming quarter(2020-DEC)will reflect more than 5 billion capacity(according to Topglove:30% capacity) every quarter for SPOT PRICE.


- Tan Sri Lim says work is hobby. Shareholders love it when the bosses are hands on 365 days and 366days for leap year.


https://youtu.be/3V0pqeo8z8w


- In pandemic, CBP or NZ issue is not an issue. Production backlog is more than 10 months currently, it can be filled by other countries.



-Yes, Topglove's issue with worker treatment and salaries should be address. It is the right thing to do, and Topglove is fixing this issue triggered by middle men(job agents) creating this mess in the first place. Workers accomodation should be hygienic and comfortable.


-Top 5 manufacturers have NBR(nitrile-butadiene rubber) shortage. The critical raw material has increase in price recently and cost will be passed on to customer as well in terms of higher ASP.
Backlog to increase subtantially in the next few months as winters in northern hemisphere trigger the annual flu season.


-Top Ambition: A fortune 500 global company with USD40billion revenue by 2040.


-Topglove has the ability and funds to manufacture vaccine. But it doesn't, because it's NOT PROFITABLE as glove and there are too mnay players(LOW BARRIER TO ENTRY).


-Beware of some old man blogging DAILY!! and a female blogger that speaks to old man called "sifu". I believe most of you WILL NOT READ their article because many of you are SMARTER and more KNOWLEDGABLE.


SIZE DOES MATTER-----IT'S CALLED ECONOMIES OF SCALE

no vaccine soon le,
WHO already confirmed this,
HLT will fly with the TG.

be grateful,
glove sector got massive pullback because of that analyst report, for those at high level, should have average down, rather than cutloss, thats why, even for contra, always go for counter with fundamental, just to be safe.

u wont be able to enter cheap no more after qr relased tomorrow. TG boss already hint the qr will be "robust"

only contra will sel tomorrow,
other will just ride the wave, and gain from bonus.

as the qr revenue and profit, will be growing for the next few years for glove sector.

if want fast money,
should have enter, hlt or carepls, last friday,
small cap counter, of course price rise fast.

mickecyc team,
active again,
now, out of news.
out of ideas.

just q at rm9+ tomorrow,
sure match

haha

https://nextinsight.net/story-archive-mainmenu-60/943-2020/13765-glove-stocks-acute-global-shortage-of-gloves-likely-to-worsen

https://nextinsight.net/story-archive-mainmenu-60/943-2020/13765-glove-stocks-acute-global-shortage-of-gloves-likely-to-worsen

just vaccine news,
wont affect glove demand,

plus, WHO and main vaccine world producer,
already report, vaccine wont be available soon,
better be careful, covid19 mutated, now more contagious than before.