Cut loss 525

Last round before I sit back and relax until 5pm. Buy 527, sell 529 - 530.

Yeah. When you look at intco, you’ll scared. China can do the impossible. Really don’t fight with China.

@moneymakerz, instead of blaming automation take away people’s job, why not blame yourself for not upgrading your own skills?

Of course gloves are used to save life. But some people here keep saying hope for another virus spreading or current vaccine ineffective.

Purpose is for glove companies to continue get good earnings.

那些手套粉丝们，只为了手套股赚大钱，恨不得COVID-19扩散。罪过！罪过！罪过啊！阿弥陀佛！

Topglove is good for IB traders. Volatile and liquid enough

EPF is the biggest trader.

Big funds are playing short term trading in this share. One round earn 5,6cents more than enough. One day do two or three rounds then can sit back and relax already.

Big funds already start to trim position few months back.

Mbb doesn’t care about who’s is the biggest market cap in Malaysia. Only lwc day and night thinking want overtake mbb.

Lol, you want take over then take over la. Mbb doesn’t give a shit. Top for so many years d. Give you take the crown la. Problem is you can take or not.

That’s why in US company that worth few hundred billions also can go up like crazy. In bursa 10billion company also consider big and difficult to push up already lol

@moneymakerz, Yeap correct. But if you look at the return of nasdaq or s&p over long term, it will be better than bursa. Bursa is really hopeless. Many good companies are being played around. And their share price will never goes back up to their previous peak.

One more thing. Since China consumption is still low. Any increase of usage in gloves most likely will be from their own local companies. Do you guys think of this? So China, the largest market is out from local glove makers.

Well, for topglove expansion plans. Isn’t people also assuming they can expand to 200billion pieces in time, clients to sell? Bear in mind Intco is a glove maker. Not a new entrant. It’s same like topglove.

Better go US market and invest. Bursa is for big sharks.

Topglove 200b production capacity? Good luck in floating the market with gloves. Bear in mind that topglove customer is diversify. Unlike harta.

China coming in the glove business la lol they’re expanding faster and more aggressive than Malaysia players

Mabel, how do you know my team didn’t buy dnex? Nice return of course in few days. Kikiki

If you guys notice, many analysts starts to recuse their TP already. Just a matter of time. China is coming to take the piece of cake.

Wow Maybank give target RM4.85? GG lor

Bursa is so small. No power at all. Bursa is for big sharks. Not those who buy 1k,2k shares unless you’re a long term investors. Better go US market. Tesla gap up and goes up higher. Same goes to Apple, Baidu.

Of course topglove is the big brother. But harta will be a better choice

@moneymakerz, Now the fact is ASP expecting to be gradually decreasing. Lead time also decreasing. QOQ profit not as huge as before in terms of percentage increment. Sentiment doesn’t looks good. Of course TG won’t collapse. And gloves will be needed even 20 years later. What I mean is all about sentiments.

@moneymakerz, tech players in Malaysia are moving up the chain already la. Do more reading please. Even it’s low end, not much people will enter the industry. Not like gloves. Plantation, property developer also can venture into it.

You think only TG do automations? All industrial now also automations la.

Aiyo, EV battery is getting cheaper la. Which means more and more EV orders being get. Which in turns more and more production needed. This is where Penta, MPI, Greatech comes in. More and more SiC, automation systems needed. Which is good for the companies I mentioned.

Study abit on other sectors la. Don’t just look at ASP and production of gloves. Like it or not EV, automation is the trend even though it’s a want rather than needs.

Lead time already start decreasing. ASP is expected to drop gradually. You still don’t see the sign?

US CBP issues has been around since last year august. Every quarter, you’ll hear management says progressing well, going to resolve soon.

One more thing. If US are so desperate for gloves, and it really means to save life. Will they ban topglove product for more than 6 month?? It’s a life saving item Wei. Without topglove US manage to bring down covid cases to 50k cases per day from 250k cases per day.

All in Penta

All in Inari

All in Greatech

Good. Do more SBB la. Then they need to raise more funds for expansions

Don’t understand why people still can say limit up. 2.9billion is below expectation. As our friend here just calculated is 3.1b.

Percentage increase qoq is getting lower and lower. What will the market think?

1. 350m to 1.3b is 400% increase qoq
2. 1.3b to 2.4b is 100% increase qoq
3. 2.4b to 2.9b is 20% increase qoq

What about next qr? 10% increase? Or even lesser?

@messi88, Genting I already gave buy call at RM4 before CNY. But people here don’t want listen instead they want chase topglove at RM7.

Those who bought at RM9 I would say they’re new/have no technical chart knowledge at all. We can see it’s a double top from the chart at RM9.

If you buy at RM5 of course you tell people no need to worry. What about those who bought at RM9?

Gooshen, Nasdaq up 1.5% Wei. Don’t want get on board meh kiki

Exactly

Good estimate pjseow. Whole world knows 3b profit for the qr d. No more surprises

At this price better go for UWC

Totally agree. Time will prove that EV, solar, automation is the future.

Agree with inPeace. EV, automation, IR 4.0, IOT, solar is the future. This is where you can get long term gain

Gone case. Keep for your children education should buy MPI, Greatech la. By the time your children goes university, the city will be full of EV and Solar energy is everywhere.

Strong rebound. Congrats to those who bought low

Gooshen quietly buying kikiki

@airline bobby. Correct. Interest will rise from this low rate. Banks will earn more by that time. Interest rate most likely won’t be reduce anymore unless economy worsen

No positive earnings surprise for this quarter.

When contacted, Rakuten Trade Research head of equity sales Vincent Lau said his expectation for Top Glove’s upcoming quarterly earnings is in line with market consensus of a robust set of financials in 2QFY21.

As the market has priced the catalyst for its strong quarterly earnings for 2QFY21, hence there will be no positive earnings surprise, he noted.

这里的人真的希望病毒永远都在，疫苗无效。只为了手套公司赚大钱。
还有很多好的公司可以投资，为什么希望病毒扩散？病毒恐怖，人类更恐怖！罪过，罪过，罪过啊！阿弥陀佛！