What man is a man who does not make the world better? ORLANDO BLOOM - Balian de Ibelin
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2021-12-11 13:09 | Report Abuse
in just 6 months time TG liquid liabilities will exceed TG liquid assets => Technically insolvent.
what this means ?
=> NO MORE DIVIDENDS
all FD habis pecah
=> of course all this can be prevented by taking away ular punya 4 inch mattress
2021-12-11 13:04 | Report Abuse
TG is insolvent in 1 years' time is ONLY based on current pattern continuing as is.
from historical experience, the time pattern is usually 6 months with further deterioration of financials.
China is expected to give away more gloves for free...... or at cost....
2021-12-11 12:59 | Report Abuse
but anyhow TG could be insolvent in 1 year's time
and that is not too far off...............
2021-12-11 12:57 | Report Abuse
ular
so u answered the question....
:)
2021-12-11 12:05 | Report Abuse
can start by taking away Ular punya 4 inch mattress and order "it" to sleep at the car park
2021-12-11 12:03 | Report Abuse
Top Glove must immediately implement heavy cost cutting exercise, then got some hope of survival.
2021-12-11 12:00 | Report Abuse
hahaha
:)
Posted by GlovesOff > Dec 11, 2021 11:54 AM | Report Abuse
The more ular promote price kongkam more
2021-12-11 11:55 | Report Abuse
why is cost high?
.....a lot of Malaysians dun even have 4 inch mattresses to sleep on...
2021-12-11 11:42 | Report Abuse
yes you can bet
so far history had not been on your side
malaysia dvd factories shut down when China ex-factory was 20% of Malaysia ex-factory.
now China Glove ex-factory "could be" 50% of Malaysia ex-factory
another 30% more to go before history repeats itself.
2021-12-11 11:35 | Report Abuse
I believe Top Glove will proceed with expansion plan...
...........and the rest will be history
Rationale for the Belief
Thats what TG did in the past when faced with problems
no reason to think that TG will adapt
=> no adapt, sure die
2021-12-11 11:19 | Report Abuse
steel mostly sells into Malaysia
when Malaysian Govt bans import of China steel, it helped a lot.
Malaysian Govt ban import of China gloves will NOT help
already seen China face mask killed off Malaysian face mask factories
Posted by CharlesT > Dec 11, 2021 11:01 AM | Report Abuse
Most glove co will still be around in many years to come...though some of them may not be profitable for a while...
For example, Steel Co has been struggling for many years since China's steel comes into the picture during late 1990s or early 2000s
20 years+ down to road i hardly see any local steel co close shop...Except Perwaja n Kinsteel...
2021-12-11 10:44 | Report Abuse
We are now discussing bankruptcy of Top Glove
times have changed..........
2021-12-11 10:30 | Report Abuse
IronShirt
agree 100%
money was just one off from US Govt under Trump
IBs knew it and passed on news while laughing to themselves
IBs especially US based JP Morgan quickly reduced TP when Trump said "stop"
=> expansion is a very quick short road to bankruptcy
Posted by IronShirt > Dec 11, 2021 10:23 AM | Report Abuse
59 factories with major expansion in progress.....atleast 400mil impairment loss in 2022 if
expansion / production has to stop due lack of demand
2021-12-11 10:03 | Report Abuse
CharlesT
your money came primarily from US Govt.
Please write to thank Trump. Was his decision, his better ones lah.
US and richer European countries were buying gloves slowly in excess of requirements to create a "Strategic Stockpile" back in early 2020
=> seemed silly to me coz gloves has a much lower shelf life compared to crude oil
useful info affecting share prices ....shelf life of nitrile gloves => 5 years
Posted by CharlesT > Dec 11, 2021 9:51 AM | Report Abuse
Seeing OTB's analysis n CIMB inv bank's research showing ASP rise 10% on month to month basis i quick quick went to Ah Long to borrow money
2021-12-11 09:46 | Report Abuse
CharlesT
Yes Sir
looks like you are indeed focused on Gloves, => a Glove specialist
my attention got diverted elsewhere at times
:)
CharlesT I m always right....
11/12/2021 9:39 AM
CharlesT On the glove saga during this 2 years
11/12/2021 9:40 AM
2021-12-11 09:36 | Report Abuse
CharlesT
you could be right
maybe I was misled coz after he announced => I saw the price was RM10.00
looks like I ass_u_me he sold off at RM10.00
=> I linked his announcement with market price then
btw I never look at his silly portfolio
Posted by CharlesT > Dec 11, 2021 9:32 AM | Report Abuse
Wrong info...Philip dumped all his TG at rm6+ or Rm2+ after ex bonus...then its price shot up to almost RM30 or Rm10 after bonus within few months time.
I was playing with him everyday during that period of time while busy buying glove co...i think that was during Apr- June 2020
2021-12-11 09:33 | Report Abuse
China gloves can sell off at less than half the price of Malaysian gloves .... ex-factory selling prices
thats if a price war happens
2021-12-11 09:29 | Report Abuse
more deaths from covid will be even worse for TG
poor countries become poorer countries will buy the cheapest gloves available .....
and thats from ==> Tada!!!!!!! => China
2021-12-11 09:27 | Report Abuse
I am telling you all this ....
coz I issued a buy call for Top Glove way before the peak peak,
before Philip dumped his TG at 10+ .... way below peak 17
thats on the off chance that you did not sell off and are still holding TG shares.
If you did not sell off at peak I really do not understand why though...
:(
I will not repeat all this in other glove forums like Harta, Supermax etc etc
be informed .... choose and choose wisely...
2021-12-11 09:00 | Report Abuse
Three Scenarios
Pick and choose your favorite
1) Do nothing => risk of losses is 100%
2) More capacity expansion => risk of Top Glove tutup kedai aka bankruptcy is 100%
3) Massive cost reduction and retrenchment => Survival is 50% at best
I believe that cost reduction is very unlikely due to => its ego lah, man its ego lah......
2021-12-11 08:31 | Report Abuse
if you invest in Top Glove for gambling fun, its ok
if you need the money for old age porridge with salted egg and walking around in pagoda singlets and jamban slippers, you should think deeply and then think some more.
2021-12-11 08:28 | Report Abuse
bee bo bee bo bee bo
at current earnings its only worth TP => 80 sen per share
and thats ok, really no joke, its ok
coz actual market price could be way higher even RM1.60 per share due to market sentiment compared with theoretical RM0.80 per share
what is more worrying is that there is a danger Top Glove could slip into losses if management dropped the ball.
This risk is quite significant now, thats today.
=> Once Top Glove slips into losses, share price of Top Glove could drop below RM0.80 per share.
2021-12-10 18:27 | Report Abuse
a lot of people had gone cuckoo here especially mineworker aka dishonesty aka riskyinv who bought in lorryloads at 32 sen
now talking about winning lawsuits just so that he can sell off at 35 sen and make 3 sen profit
reality had not sunk in that Serba will be suspended forever
2021-12-10 13:49 | Report Abuse
its all sslee punya fault
too much DIY
as a result ended up as sashimi rather than properly cooked
sslee should conduct proper cooking lessons so that all carnivorous apetites are properly addressed rather than being a supermarket and labour quarters.
under sslee misdirection sure the address will be a niteclub or a massage parlour providing "special services".
Then ...maybe... just maybe ... relevant actors will be satisfied after receiving "special services" they will tick the programme as "physically sighted Ms Massager without panties and verified 100%
=> nothing unusual to report....
2021-12-10 05:45 | Report Abuse
I saw it too
the share will soon be available to be bought at RM0.24 per share
supafly83 Oh damn, does anyone see the head and shoulders on Daily chart? Target rm24? Fib levels at rm20?
07/12/2021 4:29 PM
2021-12-09 19:48 | Report Abuse
In Nepal , country of Gurkhas, any lack of integrity, no villager will ever talk to you.
In Malaysia, country of %^&%^%#$%, any lack integrity, tens of thousands will greet you with big smiles when you return, kenduris and dancing will be held to encourage more and more corruption with more and more money stolen.
Cheers!!!!
Thumbs Up !!!!
2021-12-09 19:19 | Report Abuse
similarly Safadin brother of Saladin
is Abu Bakr ibn Ayyub
Safah al-Din means Sword of the Religion
again Crusaders called him Safadin
both Saladin and Safadin are names assigned by Crusaders, these are not actually their names
2021-12-09 19:15 | Report Abuse
Yusuf ibn Ayyub born 1138 Tikrit
Saladin means Salah al-Dunya al-Din
translated means "the goodness of the world and the faith"
Crusaders just shortened it for simplicity
Posted by BobAxelrod > Dec 9, 2021 7:05 PM | Report Abuse
Noted that would be King Salahuddin and his Jihad warriors against the Knights of Templer.
2021-12-09 19:02 | Report Abuse
the first jihad was by the Prophet to capture Mecca
the second jihad was by Abd al-Malik to re-capture Mecca,
the first Khalifat Allah, God's Deputy,
thereafter all rulers became known as caliphs
2021-12-09 18:53 | Report Abuse
the corollary to that is
Fools take an interest in Government -- Fried Koay Teow Seller
We are not Fools -- Penang Assam Laksa Seller
2021-12-09 18:47 | Report Abuse
Religion should not be mixed into anything whether carrot juice, fruit cake, cats, education, exercise, medical or Low Yat 2
:)
Posted by BobAxelrod > Dec 9, 2021 6:32 PM | Report Abuse
Sorry, beg to differ....Religion should not be inculcated into Politics!
2021-12-09 18:09 | Report Abuse
look at history of world economic booms
look at Hoover Dam and US economic boom
look at 3 Gorges and China economic boom
please lah.............
2021-12-09 18:07 | Report Abuse
if solar cheap all cinapek factories long ago 100% solar
nothing can beat hydro costs
who can afford their own personal hydro plant?
2021-12-09 17:58 | Report Abuse
solar is still very expensive
solar manage to survive purely based on subsidies from Govt of Malaysia otherwise solar dies
even solar FIT is also subsidized
2021-12-09 17:51 | Report Abuse
hydro production costs are low
Malaysia is importing hydro from Laos
and also get more run of river hydro up and running
to balance out solar during monsoon months
many projects are in progress
so very sorry to inform you that Tenaga will not go bankrupt,
today is not a good day to die, not yet.
2021-12-09 15:58 | Report Abuse
where is Zuliana?
Serba already collapsed from lawsuits addiction
its balls squeezing time already....
can start by squeezing Dishonesty punya balls first.....
Lady Ramunia => Guaranteed 100% Bankruptcy Rate
2021-12-09 15:53 | Report Abuse
can start new SPAC with RM5.9 Billion
RM5.9 Billion can buy a lot of new planes
everyone is hired including jamban cleaners like mike tonguelickclean
except for TF since his salary is too high and he wants free shares
2021-12-09 15:47 | Report Abuse
Serba already collapsed with Event of Default
no worries
can apply for Government Bumiputra Grant of RM5 Billion
no interest no need payback one
very easy
just increase Malaysia corporate taxes to help Serba
also can get money from Liquor License from Non-Bumiputra coffee shops
Cheers!!!
Lady Ramunia => Guaranteed 100% Bankruptcy Rate
2021-12-09 14:36 | Report Abuse
best solution is not to get accounts audited just like XinqGuan
can ask sslee
hahahahaha
kakakakakaka
no AR company just gets delisted
NatsukoMishima Default or not is not important to bilis now because their capital csn be considered 100% burn now ! If submit ar somebody go jail , if not submit until june 2022 direct delisting , sc slready made it clear !
09/12/2021 2:20 PM
2021-12-08 18:23 | Report Abuse
wait awhile
dun start now
I need to corner the market for KDK fans first
Posted by wolfbroker > Dec 8, 2021 6:22 PM | Report Abuse
Invest in local car or international brand?
Posted by Star111 > Dec 8, 2021 11:29 AM | Report Abuse
AA Better put money into car manufacturing, everyone can drive
2021-12-08 17:34 | Report Abuse
of course if AA offers RM1.00 for the Danajamin RM500 million loan
then its only
RM5.4 Billion to be banked in by AA OR holders
any further discounts given by creditors will reduce this figure accordingly
example
if all AA ticket "refused refund" holders gleefully agree not to issue warrant of arrest to TF unlike Nagendran
then only need
5.9 - 0.5 - 1.0 => RM4.4 Billion
Stock: [TOPGLOV]: TOP GLOVE CORPORATION BHD
2021-12-11 13:10 | Report Abuse
the burn rate for the next 6 months is expected to be RM1.5 billion or more..... maybe much MORE