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2021-10-06 19:46 | Report Abuse
Top Glove Corp Bhd, the world's largest rubber glove manufacturer by production capacity, said its annual glove production capacity had increased to about 100 billion pieces as at June 2021 to meet strong demand for the product due to the Covid-19 pandemic.
@4 Jun 2021.
Average Present price #2.75...!!!
That was only #3.8 Million pieces in #2001 listed year, IPO was #2.70.
By end of #2024, it will increase to #200 billion pieces...!!!
That's roughly a Revenue growth of #21% n a profit growth of #19%...!!!
Now selling at #2.85 PE multiple...LOL...!!!
ASP will fall to New-norms margins... roughly still selling at #10/12x PE!
Priced In Already...!!!
Don't Wait Until u start to chase at higher Prices... hehehe...!!!
2021-10-05 23:26 | Report Abuse
UlarSawa Cannot like this answer also will make many hardcore shareholders not happy leh. They keeping their shares since IPO one leh. Some even decided to pass down to their next generation. Only you dunno only. Correct?
Posted by Beautyseeker > Oct 5, 2021 8:39 PM | Report Abuse
Losing more than earning
michaelgohmox
207 posts
Posted by michaelgohmox > Oct 5, 2021 8:24 PM | Report Abuse
Wonder if anyone earning money from gloves anymore
05/10/2021 8:51 PM
Of course there are many blur blur like sotong...since IPO TopGlov until present has 7 bonus issues n 1 share split...!!!
At present price it's RM 335.10.
IPO is RM 2.70.
So no earnings...hehehe...!!!
2021-10-05 23:18 | Report Abuse
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Market InsightsEquities
Top Glove Corporation
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Target Price *RM 7.25
Recomendation **BUY
Market Cap*RM 30741m
Bloomberg CodeTOPG_MK_EQUITY
Publication Date 2021-09-06
Profile
Top Glove Corporation (TOPG) is the world’s largest rubber glove manufacturer with an annual production capacity of 100bn pieces of gloves. Nitrile rubber gloves and natural rubber make up 88% of product mix respectively. Vinyl and surgical gloves account for the rest. Currently, the group’s manufacturing facilities are located in Malaysia, Thailand, Indonesia and Vietnam.
Previous Close Price
Key Statistics
Aug RM m 2020 2021f 2022f
Revenue 7,236 18,652 13,877
Net Profit 1,867 8,299 3,772
Profit Growth (%) 389.8 398.1 (59.4)
PE (X) 21.1 5.0 12.4
Div Yield (%) 2.4 12.9 4
P/BV (X) 6.3 2.0 2.3
Source: DBS Group Research.
Top Glove Corporation: Running with robust demand
Our Views
Softer quarter, as expected. Top Glove Corporation (TOPG) recorded earnings of RM2.0bn in 3QFY21 (+485.3% y-o-y; -29.0% q-o-q). This was within our expectations but below consensus. We expect ASP to trend lower in the coming quarter, but to be offset by stronger volumes – as TOPG redirects its sales intended for the US to other markets.
Undemanding valuations. Valuations are attractive at 12.5x FY22 earnings per share (EPS), despite our forecast factoring in normalisation of ASPs from FY21 onwards. At these levels, we believe the stock has priced in the lower ASPs.
Lifting of US ban would be catalyst. The revocation of the Withhold Release Order (WRO) ban by the US Customs Border and Protection (CBP) could be a catalyst to help boost its sales volume. We understand the Group still intends to continue with its plan to list in Hong Kong.
Risks
Lower-than-expected sales volume and ASP. Lower-than-expected sales volume and ASP may adversely affect TOPG’s earnings and share price.
Valuation
Our RM7.25 target price (TP) is based on discounted cash flow (DCF) valuation. This assumes weighted average cost of capital (WACC) of 9.5%.
Company Guide
Download our current and past reports in PDF format. You are required to enter your iWealth login credentials to download these reports.
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©2020 DBS Bank Ltd|Co. Reg. No. 196800306E
2021-10-04 21:25 | Report Abuse
The Impact of the COVID-19 Supply Chain Disruption
Frank McKay
Article Contributed By:
Frank McKay
Senior Vice President and Chief Procurement Officer
The last 18 months have been some of the most testing of our lifetime. As a parent, your patience may have been put to test. As an adult, your mental health may have been put to test. The COVID-19 supply chain disruption worldwide has been a test of resilience.
From my experience in the supply chain industry, the COVID-19 pandemic is the first disruption of this scale and magnitude. Every single company—whether original equipment manufacturers (OEMs), suppliers, distributors or service providers—has been impacted in some way.
The novel coronavirus first reared its ugly head in the last few weeks of 2019 in China, which accounts for 20% of the world's manufacturing output. As the virus spread rapidly throughout China and the rest of the world, many supply chains became a casualty to it.
Since then, 70% of supply chain decision-makers said that COVID-19 is creating the biggest impact on the supply chain currently, according to Jabil's Special Report: Supply Chain Resilience in a Post-Pandemic World.
Furthermore, supply disruption has become synonymous with the coronavirus outbreak, as logistics lockdowns and demand increases add to the complexities of doing business during the global pandemic. Download the full report.
Which of the following market dynamics are impacting your company's supply chain?
COVID-19-70%.
Supply constraints-44%.
Increased demand-37%.
Global trade and tariffissues-35%.
Labor shortages-33%.
Global logistics constraints-32%.
Higher labor costs-30%
Rapid technology sit-ins-28%.
Increased commoditypricing-23%.
Supplier consolidation-0%.
How Have COVID-19 Control Measures Affected Global Supply Chains?
As Lunar New Year celebrations began at the end of January 2020, China made the fastest and most extreme decisions for lockdowns and factory shutdowns. In fact, the country extended the holidays to limit further movement and spread of the coronavirus within China. These restrictions meant that numerous supply chains and factories came to a halt, leading to significant production delays and product shortages.
At Jabil, we were fortunate through strategic decision making to get production back up and operational within a very short period of time, as the company was deemed a part of the essential supply chain supporting critical business areas. But many of our suppliers were not in a similar position.
We spent an abundance of time collaborating with our suppliers to find ways to get them to the point where their production could open. Ultimately, our efforts were about saving people's lives with the products we manufacture, such as ventilators, diagnostic tests and personal protective equipment (PPE). That is why we had to move at unprecedented speed to get our and our suppliers' facilities back up and operational.
As we were monitoring the spread of the disease, we were working to put plans in place—anticipating where the next hotspot would pop up and what the government reactions would be—so we could be as prepared as possible.
To complicate the matters more, supply chain professionals and business leaders had to make the tough decision about when to open their businesses. If facilities opened too quickly or failed to take the proper control measures, problems could escalate. In many ways, the pandemic has forced leaders to reevaluate how they do analyze the various levels of their supply chain. Even as the COVID-19 vaccine gets rolled out worldwide, some of these changes are inevitable as new strains continue impacting people.
How Has the COVID-19 Pandemic Caused Shortages in the Supply Chain?
In February and March 2020, more mandatory lockdowns and stay-at-home orders followed across numerous continents, most prevalently in Europe. With extended factory closures in China and Europe, manufacturing delays and supply disruptions were inevitable.
In the meantime, consumers went into "survival mode" and demand for critical supplies like toilet paper and paper towels skyrocketed. Next were medicines, diapers and the entire food supply chain.
Between rapid and unexpected demand shifts and the closure of numerous production facilities, out-of-stocks became a standard for retailers. In fact, the average percentage of retail out-of-stocks rose from 9% on a regular week to as high as 65% during the pandemic.
Extraordinary demand increases were not limited to consumer goods. Healthcare products like ventilators, respirators, PPEs and test equipment also experienced a sharp increase in demand with the number of global hospitalizations.
Sources: Supply Chains@Jabil.
2021-10-04 19:02 | Report Abuse
Stock: [TOPGLOV]: TOP GLOVE CORP BHD
Sep 24, 2021 10:33 PM | Report Abuse
Stock: [VS]: V.S INDUSTRY BHD
Aug 5, 2021 11:10 PM | Report Abuse
Stock: [VS-WB]: V.S. INDUSTRY BERHAD
Jun 28, 2021 5:35 PM | Report Abuse
Bought...@0.28...5,000 lots◉‿◉!
Hahaha...hahaha...hahaha...。◕‿◕。
05/08/2021 9:11 PM
FRONTKN-WB...Good Potential...Bought...! ◉‿◉
VS-WB...FRONTKN-WB...Sold #50%...◉‿◉
24/09/2021 10:30 PM
Bought TopGlov... Averaging Up...!!!
Tip on selling...don't be so...Greedy...Always take back your cost of capital...hahaha...!!!
2021-10-04 18:48 | Report Abuse
jolynce wow that Andy Hall has some serious issue with TG hor. He must be fuming mad that US lifted the CBP ban.
Posted by IronShirt > Oct 4, 2021 5:22 PM | Report Abuse
https://www.malaysiakini.com/news/594010
TopGlove is now officially a Chemical war factory...so many Workers Died Not from Covid
but from Chemical poisoning
Desperados people are paid to write...that's the endgame in pump n dump strategies...no other tricks already...so if u think TopGlov management are so evils...then just don't invest...follow the pump n dump...positive n negative trends...but it gives value investors big chances...hahaha...!!!
2021-10-04 18:39 | Report Abuse
UlarSawa Then you call Tan Sri to sack the 38 PhD holders lah. Boleh?
IronShirt UlarSawa Death case you blow until 38 PhD for what.
____________________________
That is what you are doing..Blowing water for TG 38 PhD...Turn out they are just makan gaji buta
while experimenting with chemical agent
04/10/2021 6:30 PM
They want to create ultimate negativities in gloves, that their true intentions...so they can buy, pump up n dump again..well stock markets have many pumps n dumps... especially in Bursa...only maybe #10% are true investors...hehehe...!!!
2021-10-04 18:32 | Report Abuse
Stock: [TOPGLOV]: TOP GLOVE CORP BHD
Feb 24, 2019 5:40 PM | Report Abuse
Hahaha...Hope it drops more...@>10%...so i can invest more...buying a wonderful business at a fair price...or irrational price... It's a better than investing a fair business at a wonderful price...there are many in Bursa...just below average businesses selling at fair price...GL...!!!
Thorman Hah Geary! you the fool I was looking for.
What happened to your martingale purchases from penthouse prices?
Have you breakeven?
You hoping for another round of jackpot?
04/10/2021 5:45 PM
U should know the Price, 2019, Feb, don't feel jealous okay!
Actually I bought much earlier, that's Dec, 2015!
Only averaging Up!
Keep on shorting with those negative sentiments, giving me higher yields plus Margin of Safety!
The big money is in the Waiting or Sitting...not running around like headless chicken...hahaha...!!!
2021-10-04 17:28 | Report Abuse
We’ve arrived at more than halfway point of 2021. Unsurprisingly, the disposable glove market continues to be dynamic and unpredictable, thanks to—what else?—COVID-19.
Market conditions have changed in the last nine months. Global demand for gloves, which more than doubled since the pandemic’s outbreak, has softened, especially in the United States.
But with the coronavirus continuing to rage in multiple regions around the world, the need for gloves will be robust for the foreseeable future.
Glove supply is, quite simply, limited. The current shortage is exacerbated by difficulties manufacturers face in the cost of raw materials, decreased production capacity, workforce challenges, and shipping obstacles. Given that companies are having a hard time accurately forecasting demand, we can expect elevated prices to stick around.
The pandemic is nowhere near over
In the U.S., the vaccination program has gone well, resulting in declining rates of infections and deaths. Most of the world, however, remains squarely in the throes of the pandemic.
Ongoing outbreaks in Southeast Asia and India continue to be a crisis. Other countries are bracing for a new wave. COVID-19 has infected more than 200 million people and killed more than 4 million globally since January 2020.
The number of infections have accelerated in some of the larger populations, such as Russia and Indonesia. The more harmful COVID-19 variants known as delta and gamma, which appear to be more easily spread and may be associated with increased severity of the disease, have surged in the U.K. and Brazil, stoking fears that it could happen in the U.S.
Southeast Asia’s suffering continues
In Malaysia and Thailand, where 80% of nitrile and latex gloves are produced, health authorities have raised concerns about a growing number of coronavirus deaths after a surge in overall infections forced Malaysia into a strict lockdown. With the lockdown now extended, and restrictions on movement tightened in the capital, the supply of gloves will be directly impacted.
Despite increases in output by some glovemakers and a vow by a national trade group that no shortages in PPE production will occur, Malaysia’s latest movement control order has limited workforces to about 60% of normal capacity. Outbreaks of coronavirus among factory workers have hampered productivity and forced companies into internal quarantines.
The workforce is not where it needs to be
The deficit in labor is expected to cause continuing challenges. Malaysia’s glove industry employed nearly 72,000 workers in 2019, about 39% of whom were native-born with the remainder being foreign migrants. The industry needs to grow its workforce by about 25,000 workers, but a freeze on recruiting overseas workers complicates matters.
These disruptions will continue to weigh down disposable glove supply, and global demand will likely continue to keep prices elevated, compared to pre-COVID levels, for the rest of 2021 and into 2022.
Next week: Supply chain challenges will be with us for a while.
Disposable Glove Market Rebound Still Dependent on Supply Chain Health.
COVID19
DISPOSABLEGLOVES
DISPOSABLE GLOVES
ESSENTIAL
FOOD SERVICE & PROCESSING
GLOVEPEDIA
2021-10-04 14:14 | Report Abuse
PPE availability improves, but supply chain still constrained
Study examines the state of PPE availability more than one year into the Covid-19 pandemic.
September, 2021Supply Chain Quarterly.
The availability of personal protective equipment (PPE) has improved since the Covid-19 pandemic hit a year ago, but some items remain in short supply, according to data from North Carolina-based healthcare company Premier Inc., released this week.
Premier analyzed historic and predictive data from a sample of 2,500 hospitals in its network to gauge improvement in the availability of PPE since the height of the pandemic last spring. They found that supplies of medical masks, gowns, and gloves are more readily available than they were at this time last year, but that supply remains constrained, especially for gloves.
The data compares inventory on-hand for each item during Covid-19 case spikes in 2020 to that available as of March 1, 2021. Access to N95 and KN95 masks has improved from an average of 23 days’ supply on-hand during spikes to an average 200 days’ availability today—even though N95 usage quadrupled from April 2020 to December 2020. Surgical mask availability has improved from 30 days to 45 days on-hand. Premier said the market for N95s remains constrained but not in active shortage, due in large part to health systems’ efforts to conserve masks as well as stockpiling efforts during periods of declining cases.
Isolation gown availability surpassed N95s as the top concern for hospitals at the height of the pandemic last spring, but that situation has improved as well, according to Premier data. Availability of isolation gowns on-hand has increased from 20 days during spikes to 40 days today, despite gown usage having doubled since last June.
Exam gloves remain the toughest item to come by, and availability challenges are expected to continue into 2023, the data show. Global demand for nitrile exam gloves exceeds current production capacity by nearly 40%, according to Premier’s data. They said raw material scarcity, port closures and delays, and a two-fold increase in gloves usage since last June have worsened ongoing shortages.
“In a June 2021 survey, Premier members cited access to exam gloves as the [second] greatest challenge to care for Covid-19 patients, after clinical staffing,” Premier researchers wrote in a report detailing the data. “And as of June 1, 2021, most Premier members have fewer than 30 days on hand.”
Healthcare providers are implementing glove conservation practices—such as limiting the number of patients in hospitals and outpatient settings and utilizing telemedicine where possible—as a way to increase product on-hand.
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2021-10-04 13:57 | Report Abuse
Research and insights.
Supply Chain Management.
COVID-19: Operations and supply chain disruption
How short-term coronavirus measures set the foundation for proactive resilience
The spread of the new coronavirus, COVID-19, is being felt globally across operations in ways that are difficult to model and assess. The affected regions are at the heart of many global supply chains. Hard information is lacking; concerns are mounting over depleting (or idling) stock; and companies fear they won’t meet contractual obligations on time.
Understanding how global manufacturers are managing through disruptions to their supply chains will help all businesses structure their own responses. Impacts in many companies across many industries seem inevitable. In the near term, the cost of supplies from China may increase, stemming from overtime and expedited freight costs, as well as from paying premiums to buy up supply and hold capacity. Companies are also working through alternative sourcing strategies. It will be critical to identify alternative supply scenarios and evaluate what these mean for operations — for example, as cases of viral transmission emerge in different territories.
What to do next
What to look at now
Get up to speed on how leaders are responding
Companies with direct exposure to the COVID-19 outbreak are taking a number of actions, including:
Transporting available inventory to areas away from quarantine zones and near ports where it can be accessed for shipping
Securing capacity and delivery status for Tier-2 and Tier-3 suppliers, and securing allocated supplies and overtime assembly capacity where possible
Buying ahead to procure inventory and raw material that are in short supply in impacted areas
Securing future air transportation as supply and capacity become available, shortening what might otherwise be ocean freight-based lead times
Activating pre-approved parts or raw-material substitutions in places where the primary supplier is impacted but a secondary supplier is not
Activating product redesign or material certification resources where reliable second sources of parts or raw material are not already available
Updating customers about delays and adjusting customer allocations to optimize profits on near-term revenue or to meet contractual terms
Shaping demand, by, for example, offering a discount on available inventory in cases where supply may be short for late winter-early spring fulfillment, optimizing near-term revenue
Introducing new products previously destined for China into other plants.
As a practical manner, companies are doing their best to quantify and communicate what they view as supply-and-demand volume changes to their baseline forecasts for the next couple of quarters. It has been hard to get an on-the-ground understanding of how far this has progressed.
Assess mid-term implications
As manufacturing facilities in affected regions slowly come back on line and the information gaps begin to fill, companies will start to address the broader implications to their supply chains. This will likely include the following:
Quantifying the virus’ impact relative to supply and demand disruptions — both today and longer term — and future market performance
Performing an operational risk assessment on critical business functions
Accessing critical supply chain data across all tiers to properly assess the potential damage
Preparing to set up a temporary inventory recovery and evaluation process, where applicable, and pursue alternative sourcing strategies
Communicating with key supply chain stakeholders on supply volume and changes to demand volume for the next few quarters
Study findings: Connected and autonomous supply chain ecosystems 2025
Where to focus next
Improve supply chain visibility
Deploy supply chain visibility tools that provide line of sight to capacity constraints into first-, second- and third-tier suppliers. By going further into their supply chains, global manufacturers can get a more complete profile of where components are coming from for their sourced sub-assemblies. US-China trade tensions had already elevated country of origin and landed-cost considerations, particularly for companies with outsourced or semi-outsourced supply chains. Now, these trade programs will support resilience strategies and compliance related to a range of import/export matters, such as conforming with child labor laws, conflict mineral policies or trade embargoes.
2021-10-03 21:25 | Report Abuse
2021©Cortex Robotics News;
The Rising Global Demand for Disposable Gloves
The coronavirus pandemic is far from over, as there are many challenges associated with the introduction and distribution of the upcoming vaccines. At the same time, the global demand for disposable gloves is rapidly rising in these unprecedented times.
Along with gloves, the demand for other protective equipment like PPEs and face masks is also increasing and manufacturers are struggling to keep up with the massive demand.
1. Market Trends
A study indicates that the global PPE market will be worth about $94 billion by 2027. The primary reason behind this huge increase is the fact that products like gloves are now not only needed by medical personnel but by the general public as well.
The disposable gloves market alone is expected to rise from $7 billion to about $19 billion by 2027. Moreover, leading gloves manufacturers in Malaysia have made it clear that the current supply of rubber gloves will not be able to meet the rising demand in the next three years.
According to studies, around 120 billion gloves are needed in Malaysia in the next three years. However, the industry is facing a massive shortage due to the pandemic and disruption in the supply chain.
2. Prices
Another challenge created by the shortage of disposable gloves is that it has resulted in a significant increase in the price of gloves and other products like masks and sanitizers. As a result, people are finding it extremely difficult to get these products during this health crisis.
3. Protection
According to the guidelines of the World Health Organization (WHO), wearing rubber gloves in public does not have much significant impact on being protected against the coronavirus if the gloves are not used correctly.
However, there are some contradictory studies and medical points of view. As a result, the trend of wearing gloves in places like supermarkets and public transport is increasing quickly, and the demand for both examination and surgical gloves has increased.
4. Malaysia’s Role
Malaysia has an important role in the global gloves market. It is the world’s largest manufacturer of rubber gloves and contributes to about 60% of the global exports.
The Malaysian Rubber Glove Manufacturers Association,(MARGMA) is projecting the worldwide demand to increase from 296 billion to 330 billion in 2020. As a result, the shortage of disposable gloves is expected for the next few years while the demand will keep rising due to the global pandemic.
5. Meeting the Demand
A lot of different measures are being discussed to meet the rising demand for disposable gloves. It is important to note that the COVID-19 pandemic has caused a significant change in user behaviour which is expected to continue in the future as well. Most of the gloves manufacturers in Malaysia are seeing an increase of about 30% in demand for rubber gloves, especially from developed countries.
To cater to this massive demand growth, manufacturers are considering the expansion of their capacities by opening more production lines and completing them quickly. Moreover, the current production plants are being scaled up to add additional plants and produce more products.
6. Glove Inspection
Glove manufacturing is a time-consuming process because a lot of time has to be allocated for glove inspection and making sure they are defect-free and fit properly. Luckily, most glove manufacturing processes can be automated with the help of modern automated visual inspection.
Companies like Cortex Robotics are playing an important role by providing an efficient and reliable glove AVI (automated visual inspection) system that can easily, accurately and efficiently inspect all areas of the glove’s top and bottom surface. Moreover, such a system inspects gloves from all different angles and can also detect different colours of the gloves.
A major advantage of such a glove AVI system is that glove manufacturers no longer need to spend resources such as time and labour on manual inspection. Instead, they will be getting reliable results from automated visual inspection to detect any kind of tear, incomplete beading, stains, and double-dipping in gloves.
Therefore, by relying on Cortex Robotics glove automated visual inspection system, companies can automate the glove inspection process and extensively speed up the entire manufacturing so that they can fulfil the rising global demand for gloves. In this way, they will not only satisfy the consumers but also play a critical role in boosting the economy.
The Bottom Line
The demand for disposable gloves is certainly rising in these challenging times, and many manufacturers are having a hard time meeting the massive demand.
However, by innovating manufacturing processes using modern glove inspection methods, manufacturers can speed up the process and produce more gloves to fulfil global demand.
Supply and Demand Complexity is not easy to Understand.
2021-09-24 22:33 | Report Abuse
Stock: [VS]: V.S INDUSTRY BHD
Aug 5, 2021 11:10 PM | Report Abuse
Stock: [VS-WB]: V.S. INDUSTRY BERHAD
Jun 28, 2021 5:35 PM | Report Abuse
Bought...@0.28...5,000 lots◉‿◉!
Hahaha...hahaha...hahaha...。◕‿◕。
05/08/2021 9:11 PM
FRONTKN-WB...Good Potential...Bought...! ◉‿◉
VS-WB...FRONTKN-WB...Sold #50%...◉‿◉
24/09/2021 10:30 PM
Bought TopGlov...averaging Up...◉‿◉
2021-09-17 18:43 | Report Abuse
@Talk 3&4...Averaging Up...Matched...@2.98!
2021-09-10 14:49 | Report Abuse
Foreign_Invest 4pm EPF back to dispose the shares?
10/09/2021 2:44 PM
Faster Sell lah...that's why EPF gives u mediocre return!
Topglov anytime better Return on Invested Capital!
Hand very itchy lah... dividend coming soon...!!!
2021-09-10 14:38 | Report Abuse
Alamak faster sell your tickets lah...My Queing prices not matched leh...ಠ︵ಠ
2021-09-08 15:23 | Report Abuse
Well Matched @3.58...Q for so many days...!!!
2021-08-06 12:59 | Report Abuse
Mini2021 ASP peak peak la.....Eevery quarter can get dividend until mother cant recognize and can buy at such low price with so many tickets..hahaha
Hehehe...Q @3.48...when can I matched...hello...shorties n doggies...ಠ︵ಠ
2021-08-05 23:10 | Report Abuse
Stock: [VS-WB]: V.S. INDUSTRY BERHAD
Jun 28, 2021 5:35 PM | Report Abuse
Bought...@0.28...5,000 lots◉‿◉!
Hahaha...hahaha...hahaha...。◕‿◕。
05/08/2021 9:11 PM
FRONTKN-WB...Good Potential...Bought...! ◉‿◉
2021-08-05 21:30 | Report Abuse
va VS 1.6 incoming, after break new high will go to 1.8
03/08/2021 7:08 PM
#1.80...Fair Price!
2021-08-05 21:11 | Report Abuse
Stock: [VS-WB]: V.S. INDUSTRY BERHAD
Jun 28, 2021 5:35 PM | Report Abuse
Bought...@0.28...5,000 lots◉‿◉!
Hahaha...hahaha...hahaha...。◕‿◕。
2021-08-02 18:31 | Report Abuse
For those pariah doggies n shorties taking life for granted...!!!
https://youtu.be/nX4d2mxwCS8
2021-07-28 13:21 | Report Abuse
Boston Cny set menu more expensive (asp)..after cny price dropped to previous prices (pre-pandemic). Restaurant operators lots of cash received. Lots of cash doesn’t mean share prices will increase. With extra cash, buying more restaurants (expanding more production lines)??? Other new comer also expanding (mashing)…supplies definitely overwhelmed demands.
All the gloves bosses all Bodoh lah! Lu banyak Pandai'!
Lu apa ada?
Duduk dalam office keyboard warriors, apa Tahu, Duit pun tak cukup mahu jadi... doggies n shorties... wakaka...kikiki...!!!
2021-07-18 20:49 | Report Abuse
feikeiwong Still got a few sorrhai talk glove everyday? Crashed to Holland sudah stoopid
18/07/2021 7:53 PM
Those who bought the past #10/5/3 years, they knew TopGlov value at present, we no need soorhai, to tell us the value!
U can keep in barking at target price or prices everyday! Nothing to do with future value at all!
All are no value pariah doggies n shorties!
2021-07-18 19:14 | Report Abuse
farisfx54 UlarSawa, MrGeary,Ron90,pBlue ,linheng N all the Good guys,Thank U for being positive n Supportive for OUR homegrown Comp,industries n factories lots of ppl are working in this factories . OUR OWN locals cannot B all can work in the Gov,So if this Badguys always Span bad n nagative news try to kill these industrys 4 thier own benefit,then how?it will create a dominoeffect lots of ppl n supportive industries will be out of jobs then how? .i am having 25lots of TopGlove bought from 5.25 --3.85 n i intend to keep,i am not a trader,n the dividen is no big deal for me.I am being supportive to our local manufacturers esp TS LWC he is such a hands----On --- man full of passion in his work doing so much for our nation/country.Kesian him lah ,already alone fighting with the whole world our politician n gov nt doing anything to help out.
China surah banyak corrupted officials kena Sacked!
Only 4,500 mati!
Apa itu US, UK n G7 sama Malaysia also tak kena Sacked!
Tak Malu lagi, duduk ambil gaji Buta!
Sudah banyak mati, 6,800!, Only 32Million. China 1.4 billions!
Resigned lah, lagi mahu donation pulak!
Memang tak Malu, dead penalty in China woh!
2021-07-17 23:24 | Report Abuse
I don't look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.
Warren Buffett
Wise investors don't always try to hunt for unpolished gems! Unless u really understand or foresee the durability of the businesses! It's very high Risk!
Businesses Must have at least ten years of growing sales n profits! Even during financial crisis, TopGlov is still okay!
Now it's Pandemic n coming Endemic, glove counters are very, very muck okay!
Only some Pariahs treat Glove like flower! Glove investors are higher breed of dogs anyway, probably as good as Tibetan Mastiffs!
2021-07-17 22:03 | Report Abuse
GlovesOff
still so stubborn ah??? - listen to Affin & Maybank Fund Managers la
minute 30:20 - Gloves are DEAD MONEY
17/07/2021 9:25 PM
Time to accumulate u go n day trade, or swing trade...if u are good enough, u should have trade in Genetec! Berak, in glove forums, to show everyone u r smart Alex!
2021-07-17 00:41 | Report Abuse
okooi32 TOPGLOV (HLIB Research-BUY-TP RM6.66) share price higher towards the next barriers at RM4.26-4.58 levels ............wait wait
16/07/2021 10:59 PM
Those Lesen Research House, just pluck some flowers, and shouting like mad dogs, the Prices only! Same like selling Tulips, few decades ago!
What they know about business future value, they know nothing about businesses, they are just sekolah tinggi, too much intellectual, destroying their natural abilities to understand simple business!
2021-07-16 21:35 | Report Abuse
Amazonboy Agreed. Dont blame the donkeys...spm level..what you expect...Lol
16/07/2021 9:11 PM
Whatever lah! Everyday target here n there for what!
Can registered n inscribed in their tombstone?
Bunch of Pariahs!... don't know about business value run by efficient n shareholders friendly management!
2021-07-16 21:05 | Report Abuse
“The stock market is filled with individuals who know the price of everything, but the value of nothing.” – By Phillip Fisher.
All like mad pariah doggies n shorties barking! Apa Tahu!
Those who bought #20 years, #1,000 unit, already #489.00. Ten years #96.00. Five years # 24.00. All IBs, belajsr banyak, Bodoh!
2021-07-16 20:26 | Report Abuse
GENEVA: The World Health Organization's emergency committee warned Thursday that new concerning variants of Covid-19 were expected to spread around the world, potentially making it even harder to halt the pandemic.
"The pandemic is nowhere near finished," the committee warned in a statement following a meeting Wednesday on the pandemic situation.
Committee chairman Didier Houssin acknowledged to reporters that "recent trends are worrying."
He said a year-and-a half after the WHO first declared a so-called Public Health Emergency of International Concern (PHEIC) – its highest alert level – "we are still running after this virus and the virus is still running after us."
MORE NEWS
Health Ministry detects another 23 Covid-19 VOCs
Indian Covid-19 variant found in 44 countries: WHO
Deal swiftly with new variant
Emergence of highly infectious virus variants cause for concern, say experts
For now, four concerning variants of Covid-19 are dominating the global pandemic picture, Alpha, Beta, Gamma and especially the rapidly-spreading Delta variant first detected in India.
But the committee warned that worse could lie ahead, pointing to "the strong likelihood for the emergence and global spread of new and possibly more dangerous variants of concern that may be even more challenging to control."
WHO declares variants as being "of concern" when they are seen as either more transmissible, more deadly or have the potential to get past some vaccine protections.--AFP
2021-07-15 16:05 | Report Abuse
UPlanet Congrats Paktua, good strategies! You always our bravo member here!!
Selling too fast! Still on Skepticism mode! They are buyers ongoing!
At least on Optimism mode, then they are sellers!
Must HOLD...those who bought below, #3.80!... hehehe!
2021-07-12 22:05 | Report Abuse
G-20 Experts:
The next global pandemic could happen at any time and the world must start preparing for it now, Singapore's Senior Ministertold CNBC.
G-20 panel of global experts that released a report on Friday which proposed measures to prevent outbreaks and quickly respond to any future pandemic.
The measures include "better and more reliable funding" for the World Health Organization, as well as tapping multilateral institutions such as the World Bank and International Monetary Fund to help fund the fight against a pandemic.
We cannot wait for the next Pandemic, we must collaborate now, at present Pandemic. At present global funding is way too inefficient.
As environment becoming more unfriendly, such as global warming, more unfriendly living organisms are harming nature n humanity.
The next deadly Pandemic is Real!
UnNamed Sources.
2021-07-12 19:29 | Report Abuse
The Irrationality of the Efficient Market Hypothesis:
“I’d be a bum on the street with a tin cup if the markets were always efficient.” - Warren Buffett
“It is hard for me to see how anyone can consider the stock market efficient.” - Phil Fisher
“Value investors know – although efficient market believers fail to comprehend – that the underlying value of a security is distinguishable from its daily market price, which is set by the whim of buyers and sellers, as are the prices of rare art and other collectibles.” - Seth Klarman
The stock market is Inefficient! U need to be efficient n rational!
2021-07-12 19:14 | Report Abuse
The stock market:
The reality is that the stock market is wildly irrational at times. Valuations become meaningless, euphoric trends climb to the sky and it seems like the dumbest investors are rewarded for their lack of rigorous analysis.
Pessimistic trends drop so irrational, stay oversold, for a periods of time.
These periods of irrational actions are the nature of the stock markets.
Stock Guru!
2021-07-12 17:48 | Report Abuse
Amazonboy Ppl wear cotton shirt la...Lol
12/07/2021 5:28 PM
Dividends to buy some Uniglo Airism products...more comfortable than cotton...hehehe...!!!
Pessimism is the time for bargain hunting... Euphoria is the time for profit taking...hahaha...!!!
2021-07-12 17:19 | Report Abuse
“Bull markets are born on PESSIMISM, grow on SKEPTICISM, mature on OPTIMISM and die on EUPHORIA.”
Sir John Templeton's observations regarding investing still apply.
Overall Glove counters are in pessimistic sentiment...Q @3.58...Not Matched Yet!
2021-07-11 22:19 | Report Abuse
UlarSawa China Death penalty the most strict deterrent to tell their rakyat must obey the instructions lah. Pay fine and jail term macam pun not many scare also even in Msia lah. It is effective as rakyat takut the most is no more life then they can do what lah. Look at western countries one. Always talk about human right. Human has the right to spread covid lah. Thats why human spreading covid non stop bcos they have the right to spread it lah. China side mana ada give such right to their ppl lah. Mostly rakyat are forced obey with stern penalties lah. Thats why their rakyat have no right to spread covid lah. Thats why china cases is low right. Of course TCM play a major role also lah. Remedy to strengthen the lungs with herb also can prevent the virus attack alao lah. Whether drink wong lo kit can help or not I dunno lah. Importantly they are so advanced to the stage they use AI to combat the covid from spreading lah. I wonder whyany dont follow china footstep just bcos China is a communist country kah. Democratic countries cannot accept Communist country have a better remedy to handle Covid kah. Cannot accept it kah. Apa lah. Saving life also want to see you are what type of country kah. Save is save life mah. Who can save more lives use their method lah. Anything wrong kah. Correct?
Wise Saying! Those who committed crime against Humanity, must be shot, a single bullet st the back of their head! Nothing wrong! They are Leeches in Society!
2021-07-10 22:11 | Report Abuse
UlarSawa What TG need is friend with deep pocket like Temasek. Tan Sri should court Temasek to buy TG shares since TG is under shotrtist attacked. The main culprit is JPM lah. Get so many macai everyday come here talk bad about TG. TG is listed in Spore SGX. Just meet up with Temasek Ho Ching lah. Temasek sure will like gloves company so Temasek Charity Foundation can get TG gloves and donate it out like they donated masks and sanitiser mah.
Correct?
10/07/2021 10:05 PM
Irrationality n Volatility is the named imprinted in Stock Market!
Those who cannot accept such reality, Must Not invest in Stock!
Those big funds, n government linked funds are watching closely, don't u worry, just add on Weakness...hehehe...!!!
2021-07-10 22:05 | Report Abuse
geary Walauerh...No lifestyle meh! Everyday even weekend also share forums!
Just makan kuat kuat with our dividends...hahaha...tak Boleh Habis Duit!
Next Q is @3.48...See can Matched or Not next week...hehehe...Please create more wonderful (crazy)...News!!!
10/07/2021 9:57 PM
By the way, Very much TQ! Those doggies n shorties for their Wonderful Irrational News, everyday in Topglov! The more irrational the price, the more I already added n add...hahaha...!!!
2021-07-06 00:21 | Report Abuse
Lambda Covid Strain!
https://youtu.be/IAeEBQDG-sI
2021-07-06 00:01 | Report Abuse
"Fears new COVID-19 variant is vaccine-resistant" https://www.skynews.com.au/world-news/covid19-fears-the-new-lambda-variant-could-be-vaccineresistant/news-story/e9d6defcb61a7b0434584be992de1c02?amp
2021-07-05 20:15 | Report Abuse
UlarSawa Yeah. dividend money coming. Anyone here received alot of dividend one can help Migthy Tikus sikit kah. He is middle age jobless guy currently working as JPM macai on rm2.00 per post to achieve JPM TP. You can help by donating groceries and toiletries to him so he can repent and quit the JPM macai job lah. Win Win to all lah. If everyone of the shareholders donate to him he can last for few years lah. Boleh?
05/07/2021 7:46 PM
Hahaha! Mighty Tikus very cunning lah, let him steals some of our ikan bilis or dried shrimps is okay lah!
Even Meow, Meow, Meow cannot catch him, woh! hehehe!
2021-07-05 17:49 | Report Abuse
Amazonboy Hahaha dats why he angry...wasted money buying terrace house...Lol
05/07/2021 5:44 PM
Hahaha... it's okay whatever we invest we need to know those markets macro n micro economic, it's very complicated n huge Markets Play!
Sometimes it's happy go Lucky...u need to judge a company earnings growth for at least ten years historical performances! Future performances are anticipation only, whatever u put your hard earned Money!
2021-07-05 17:32 | Report Abuse
mlike My terrace house also from 45k become now $400k
05/07/2021 5:24 PM
Hahaha...if u bought Topglov at IPO price #2,700, with your RM 45K, now u have RM 8.25 Million!
2021-07-05 17:05 | Report Abuse
“The stock market is filled with individuals who know the price of everything, but the value of nothing.”
-Philip Fisher.
Value Growth Investing is crucial!
The estimated value after 3/5/10/15/20 years from now!
Topglov™from, 2001, IPO of RM 2.70/Unit, it has grown to RM 485.00/Unit, now, 2021!
What are those doggies n shorties know about Future Value!
2021-07-05 13:30 | Report Abuse
“The stock market is filled with individuals who know the price of everything, but the value of nothing.”
You wouldn't always think so, but price is actually very different from value.
#2001-IPO= @2.70/Unit.
#2021-Value= @489.00/Unit.
Fear N Greed is the biggest challenge n mistake!
2021-07-04 20:36 | Report Abuse
Aiyoo...yo...just be a happy go lucky person, nobody in the world doesn't have criticism, even the Buddha was poisoned 3 times before he died, n many more are poisoned or killed. Jesus was nailed to a Cross!
Just take the poison, just take whatever criticism, u won't die so easily, time to go u will go!
As long u go happily n joyfully, all conscience is transparent!
Joy will bring luck n positive energy surrounding U!
Stock: [TOPGLOV]: TOP GLOVE CORPORATION BHD
2021-10-07 13:15 | Report Abuse
Subscribe to Fortune Daily to get essential business stories straight to your inbox each morning.
For anyone hoping to see light at the end of the COVID-19 tunnel over the next three to six months, scientists have some bad news: Brace for more of what we’ve already been through.
Outbreaks will close schools and cancel classes. Vaccinated nursing home residents will face renewed fears of infection. Workers will weigh the danger of returning to the office as hospitals are overwhelmed, once again.
Almost everyone will be either infected or vaccinated before the pandemic ends, experts agree. Maybe both. An unlucky few will contract the virus more than once. The race between the waves of transmission that lead to new variants and the battle to get the globe inoculated won’t be over until the coronavirus has touched all of us.
“I see these continued surges occurring throughout the world,” said Michael Osterholm, director of the Center for Infectious Disease Research and Policy at the University of Minnesota in Minneapolis, and an adviser to U.S. President Joe Biden. “Then it will drop, potentially somewhat precipitously,” he said. “And then I think we very easily could see another surge in the fall and winter” of this year, he added.
With billions of people around the world yet to be vaccinated and little chance now of eliminating the virus, we can expect more outbreaks in classrooms, on public transport and in workplaces over the coming months, as economies push ahead with reopening. Even as immunization rates rise, there will always be people who are vulnerable to the virus: Newborn babies, people who can’t or won’t get inoculated, and those who get vaccinated but suffer breakthrough infections as their protection levels ebb.
The next few months will be rough. One key danger is if a vaccine-resistant variant develops, although it is not the only risk ahead. In the coming months, Bloomberg will explore the pandemic’s long-term impact on economies and markets, the pharmaceutical industry, travel and more.
“We’re going to see hills and valleys, at least for the next several years as we get more vaccine out. That’s going to help. But the challenge is going to be: How big will the hills and valleys be, in terms of their distance?” Osterholm said. “We don’t know. But I can just tell you, this is a coronavirus forest fire that will not stop until it finds all the human wood that it can burn.”
COVID Compared to Other Pandemics
The five well-documented influenza pandemics of the past 130 years offer some blueprint for how COVID might play out, according to Lone Simonsen, an epidemiologist and professor of population health sciences at Roskilde University in Denmark. She is an expert on the ebb and flow of such events.
While the longest global flu outbreak lasted five years, they mostly consisted of two to four waves of infection over an average of two or three years, she said. COVID is already shaping up to be among the more severe pandemics, as its second year concludes with the world in the middle of a third wave—and no end in sight.
It’s possible that the virus known as SARS-CoV-2 won’t follow the path set by the pandemics of the past. After all, it is a different, novel and potentially more transmissible pathogen. And with a death toll of more than 4.6 million people so far, it’s already more than twice as deadly as any outbreak since the 1918 Spanish flu.
Despite brutal initial waves and relatively high vaccination rates, countries including the U.S., U.K., Russia and Israel are flirting with record numbers of cases. Immunization is helping to moderate incidences of severe cases and deaths, but surging infections mean the virus is reaching the young and others who remain unvaccinated, leading to rising rates of serious disease in those groups.
Nations where vaccination has been sparse—including Malaysia, Mexico, Iran and Australia—are in the midst of their biggest outbreaks yet, fueled by the contagious delta strain. With the virus still spreading out of control in vast swathes of the planet, another novel variant could quite feasibly emerge.
History shows the commonly held belief that viruses automatically get milder over time—to avoid completely wiping out their host population—is wrong, according to Simonsen. Although new mutations aren’t always more severe than their predecessors, “
Endemic News.