Based on financial analysts' projections, the net profit of Top Glove will be approximately 50% in 2021, 30% in 2022, and 20% in 2023. Let's assume it will go down to 15% in 2024, and 10% in 2025. In this case the net profit for each calendar year should be:

CY2021 = RM12.503 billion

CY2022 = RM5.844 billion

CY2023 = RM3.097 billion

CY2024 = RM2.319 billion

CY2025 = RM1.572 billion

The company also has RM1.21 bill


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this is somewhat correct but the profit is still too high for 2025. u make a grave mistake. u know the company is declining but u chose to add all 5 years instead of the normalized year profit.

pls challenge my figure after 6 months

Based on the aforementioned ASP projections, and based on average utilization rate of 86%, we get the following sales revenue projections for each calendar year (+ in RM, assuming USD1 = RM4):

CY2021 = $6.251 billion (RM25.007 billion)

CY2022 = $4.870 billion (RM19.480 billion)

CY2023 = $3,871 billion (RM15.484 billion)

CY2024 = $3.866 billion (RM15.462 billion)

CY2025 = $3.929 billion (RM15.715 billion)
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this figure after 2021 is wrong in many ways. only time will tell whos right.

my figure

65.4(100% absolute peak at 2021) 39.5 (60%) 25.9 (40%) 23.0 (35%) 21.5 (32%)

assuming rm25b is absolute peak. in 5 years, revenue drop like this 25b>15b>10b>8.7b>8b. Historically tg margin is around 7-9%. I assume its 9%. and i give it a fpe 25 okay? its very optimistic. 8b(0.09)(25) = 18billion market cap. at its current valuation i dare to say it will drop by another 50%.

another koon in the making hahahah

the thing is oil price is highly volatile

MM78 As oil prices improves and possibly hold steady in this pandemic recovery in near future , oil and gas companies will have more offshore activities which bodes well for the OSVs service business. Less chance of future impairment risks on OSV assets in Armada; FPSOs are the cash cows that will pare down Armada’s loans and help cut down down finance costs. A virtuous cycle to be unfolded in coming quarters. A 10 sens EPS in FY 2021 would be a great milestone , even 8 sens EPS are good for more optimism among investors of Armada. Traders may miss the big gains next few quarters for enjoy KFC too fast. My 2 cents to share....... PE of 10 not unreasonable given the latest Armada’s performance ?
02/03/2021 6:33 AM

definitely very undervalue if this oil cycle maintain for longer period

no buying interest

try hard koon. idk how ppl lose money in 2020 and 2021

I don't care whatever people said,I will buy according to company cash available in hand in coming 3 years since the gloves been good demanding by 2023.Even the demand of glove drop tremendously after 2004,it doesn't effect on the cash position. My target price is Rm 4.64

The derive are as follows

Currently company shares issued~8.2bil
New shares listed in HK~1.5bil

Total shares after HK listed 8.2+1.5=9.7bil shares

A)Current company cash~ RM1.2bil
B)Fund raise from HK share ~1.5 x 5.20=RM 7.8bil
C)Company profit in coming 3 years~
RM 3 bil per Qx 4 Q x 3 years~RM 36bil

Total cash available after 3 years ~1.2+7.8+36=RM 45bil

Cash/share after 3years~Rm 45 bil/9.7bil =Rm 4.64/share


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so what kind of gain are u looking at at this price assuming your calculation is correct? and company profit in coming 3 year same as this year? i can gamble my whole asset that u are wrong hahaha

beginner @ken
Currently company shares issued~8.2bil
New shares listed in HK~1.5bil

Total shares after HK listed 8.2+1.5=9.7bil shares

A)Current company cash~ RM1.2bil
B)Fund raise from HK share ~1.5 x 5.20=RM 7.8bil
C)Company profit in coming 3 years~
RM 3 bil per Qx 4 Q x 3 years~RM 36bil

MPI
Shares: 209m
Cash: 968.12m
Your price: 968.12 / 209 = ~rm4.63
but today mpi is RM37, RUN!!!!!!

lol




this is why u are beginner

kenanga is being overly too conservative focusing only on histroy

good result definitely demand higher valuation

Posted by themeg > Feb 25, 2021 11:20 PM | Report Abuse

AA don't dare to release their financial results. Hand shaking.

____

so what if their quarter is red? small kid also know its red? then? u think it will go down?

give dividend already then what? continue drop?

Bullrunrun Tan Sri LWC said that if BURSA allows him, he will announce earlier this QR on this week.

It is believed RM 3 billion profit not a problem the nitrile glove price surge from USD 70 to current 100-140 per 1000 pieces of glove.

Dividend confirm for this will will be about 74 cents according to PUBLIC Mutual fund manager..

BUY now


so what? even rm5 billion so what? what's after that

why are u guys so optimistic. real profit after one off impairment 13m+

u trust ib u no need to make money in klse

that bullcrap also give annjoo 50c tp look at the price now

10% also so happy lol

Based on PE 10, its share price should at least Rm 14.30.

im not sure whether to laugh or what hahaha.

good luck kyy.

any info for current fpso performance

roughly same return as lionind

holding from 85c.

why is pbb trying so hard to short aa haha

look at the volume today only drop a 10c

well supported will probably wont go below 85c

small volume scared what

no need to bash ppl with different opinion

if usd crash the world will be upside down. all commodities trade in usd.

im sure he can afford to see his stock drop a bit.

choivo even if the shop managed to somehow reopen. they need time for planning and execution. generally klse is profit driven and this to me wont reflect anytime soon. so buy edi just keep it la the share wont move so soon.

not very smart to buy at this price hahaha

James Ng https://klse.i3investor.com/blogs/general/2020-12-14-story-h1538217573...
[转贴] [Video:浅谈AIRASIA GROUP BHD, AIRASIA, 5099] - James的股票投资James Share Investing
14/12/2020 7:44 PM

saupei la rm1 only issue buy call

spectre007 Shame on JP Morgan to have hired such low level thinking analysts. They should be fired

lol. please accept difference in opinion or u will never be able to make 1 cent in stock market

u didnt include 1 thing. the power of branding. the brand airasia has already stay deep in malaysian mind. the quote will forever buried in malaysian mind too 'everyone can fly'. branding is something u cant quantify.

privatise at this price? lol

Posted by Morpheus61 > Dec 11, 2020 9:50 PM | Report Abuse

Glovefinish, wait for the future, in 1 or 2 Quarters those recovery stocks will show decline in performance. Banks will be loaded with Non Performing assets. Wait for it bro

if i were you i would be more worried of glove sector. the most overvalued stock in klse based on future

gohkimhock Banking and construction counters will lead the recovery of Malaysia economy. Vaccine will come to us eventually. Nobody wants this pandemic to prolong. Think of your family members too

not only banking and construction. i think many sector has already on recovery track as seen in their market cap

bro tiong family throwing wor. still ask ppl buy

market rarely wrong. might not be one of them wrong maybe time havent come

im a glove broker. good luck

u seemed like a nice person. so ill try to be nice. u need to be more conservative. u said assume profit dont increase but u still put pe 15. pe 15 means the profit is going to increase.

secondly, i see no point in this article at all unless u can proof future glove selling price remain intact which i have high doubt as well as many other investors. topglove is priced at this price for a reason.


more and more newcomers are getting fda en455 and ce certs which they initially havent aquire which gave the big4 a whopping edge which also enable them to priced higher than their competitor. if u do not know what is it. its a requirement to enter us market and europe market. Once they can compete on a fair ground. do u think big4 can maintain its price.

which bring me to my next point. overflooding of glove. we all know that demand of glove increase every year. what happen when more competitor wants the same pie. i do not wish to talk about other country. malaysia alone we have glov master, at, comfort, rubberex, etc. ramping up production. theres more in vietnam and thai. what will happen after covid is over?

will topglove still be a non cyclical company which it was? does it has power to transfer the cost to consumer anymore? lets not talk about retaining the same selling price pre covid. as long as it doesnt squeeze more margin off topglove is already commendable. Topglove ambition to increase its asp is applaudable

talk so much c0ck no use bring out proof that asp will sustain. it has just dropped from its peak from usd8. i know because im a broker

your article is nothing more than a biased sugar coated empty coconut

- Assume the profits don't increase (they are expected to, but we will be conservative).

hahahahaha. u need to proof that their profit wont drop in the future. good luck

good article but this is more of a long term play.

demand is one thing the most important point is the selling price.

what does this counter has anything to do with tesla. lol

the fact that the price havent dive because there are still demand which temporary halt the price of glove from returning to its original. but this day will be over very fast. good luck