Agree PE cannot be used but seems like the writer is justifying a "BUY" on gloves based on margin? Should follow up with a target purchase price or at least what target price based on future projections. Just another TLDR article with numbers but no worthy insight.

To the moon!

what article is this? say = no say

Hinting the rise of gloves since USA is the largest consumer?

Quarterly revenue of 2022 will be 40% of current quarter, which is RM1.5b. 2022 revenue estimated to be RM6b, net profit about RM2b, EPS about RM0.65. Fwd P/E of 10. Not too bad actually considering it's stable income

JAKS is disappointing, more like J(i)AKS(ai)

All lagging signals

Kyy didn't answer his own question

Please advise what counters to buy if Anwar becomes PM

say so much but where's the valuation?

46.4 cents cash....?? how are they going to put that into use?

Since Malaysia has 60% of world’s gloves capacity and TG has 25%, that means about 40% of the 15b revenue goes to TG from January to July. From Jun to Jul, TG’s revenue would be more than 3b. Massive profits

strong support at around 7.3, followed by around 7.1. if break 7.1, next stop will be 6

take note: 1.4m bid vol for 7.50

Post removed.Why?

retreat first and live to fight another day

Tg gg

Interesting theory, but while saying the market is complex, you made assumptions and came to one conclusion linearly. Lazy to explain but with your ability to make a simple point sound complicated, you should be able to figure out what I’m saying.
Where credit is due, you can jolly well be right. My viewpoint is that the market is coming to a standpoint where it will decide eventually in coming weeks

The volatility was a bit unexpected initially, but the share price will break new highs and eventually latest by year end after the 2021Q1 results. Shares cannot stay cheap for long

1. I don't know how you (or your sifu) quantify fear impact = 50%
2. "a. In August alone, COVID-19 cases has increased by 43% to 25.4 million cases. b. But Top Glove share price stays flat at around RM26. It actually declined 2%!"

I don't know you can correlate TG share price to number of covid cases or %tages.

Your sifu is really power

australia queensland trial is phase 1

Let's keep the emotions out of the way, and take news with a pinch of salt. The chart is the ultimate truth. Fantastic results but no one believe also no use.

Fact:
Uptrend is still intact. Touched below but closed above 20 EMA today.
The chart now can be seen as the start of wave 5, or potential forming of double top/heads & shoulders. Observe for the next few days.

Hence no action required as of now. Sell at stop loss if there is trend reversal. Buy on weakness if next higher bottom forms.