They’re in the stage of denial

What I’m saying is truth

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！

This kltower say Genting gang don’t want to get vaccinated doesn’t make sense at all. Genting gang is the one who wants covid to go away as soon as possible.

Only topglove gang wants covid to stay forever so that ASP will continue to be high. Pathetic.

"Due to Top Glove's dominant market share, there were concern as it might be raising fund in anticipation of a weaker outlook moving forward," it said.

1. One year earn 10b still need raise funds? Poor money management. 7 bil goes to dividend. Better go for hartalega if you want to invest in glove business.

2. There’s a weaker outlook moving forward as ASP will start to decrease gradually. Beware.

3. Even there’s a drop in ASP, it will not affect Hartalega much as their ASP is still low compare to Superman and Topglove. Hartalega is the safest bet.

Genting still the king of recovery

1. Aggressive expansion plan comes with huge amount of investment. 70% of 2021 already payout as dividend. How to get extra funds? HK listing? This will dilute EPS.

2. Tech companies does not give you the guidance of their earning visibility. So you have to analyze yourself. Analyze everything including their customers. Don’t just feed on the information given. Since it’s given, everyone knows about it. No surprise on it. Better you think out of the box.

3. Don’t blindly believe what the company management says. Think something bad about it. Nothing is perfect. Know the market and how the market works. Market is forward looking.

Go Holland? Tech is the future. Everything we deal around us now got more and more tech items. How to go Holland? Short term correction is a good opportunity to increase your exposure in tech. You continue to buy a counter that shows ASP decreasing in near future la. Profit good also no use because it’s going to be decreasing qoq. As I said, sentiment is the most important factor.

https://www.theedgemarkets.com/article/singapore-warms-electric-cars-two-years-after-teslas-rebuke?type=corporate

Singapore welcoming EV now. EV is the future. It’s going uptrend year by year. Switch some of your funds to EV related counters like MPI, Greatech, Penta. Take the recent correction in tech shares as an opportunity to earn big in years to come.

Why stuck your money in a sector where you already know ASP is going to drop gradually. Not only that supply and demand equilibrium is coming by 2025. After that it will be oversupply. EV CAGR is 21% until 2030. Much higher than gloves 15% CAGR until 2025.

You already mention the point. ASP will drop gradually. Yes, company still making money. But market sentiment is all about ASP. If it starts to drop, share price will starts to drop even though topglove still make more money than pre pandemic. Because ASP is the most important earning factor to glove makers. Bear in mind even at current price, topglove share price already goes up by 3x compare to pre pandemic.

Sentiment doesn’t looks good. Unless ASP can sustain at this high level throughout 2022. Then share price will sky rocket. Market is all about sentiments.

Wow, when I say something not make sense you guys very active ya. What about the points I said before this. Long term supply and demand (beyond 2030), high dividend for growth stock, dilution of EPS?

Gloves companies are the worst. Increase price gao gao during pandemic. 趁火打劫

You believe in PAS ah? If Genting close down then good luck to KLCI. Your gloves will be drag down as well.

Topglove is a China man company

@moneymakerz, according to you the equilibrium will be around 2026. What about 2030? Oversupply? Doesn’t look good. And the figure you posted is reducing in terms of percentages. On the other hand, EV has a CAGR of 21% until 2030 and set to go further beyond that.

You guys really think a drop of 15% in ASP will be offset by 15% increase of capacity?

An increase of 15% capacity equals to increase cost as well. Whereas 15% increase in ASP will be a total profit. Thus decrease of ASP will not be directly offset by increase in capacity. It will be worse than that

Just switch to Greatech, MPI, Penta la. Electric Vehicle, Renewable energy, Automation is the future. Don’t keep look at high PE. Few years back when Amazon was below USD1000, it’s PE was few thousand if not mistaken. Everyone was shouting overvalue. Fast forward today, Amazon is trading at USD3000 with a PE of 70. Technology is the future. We will only need more and more tech items.

Yes vaccine news already price in. How about covid pills? Already price in? Bear in mind taking pills doesn’t need gloves. You all still can make an excuse by saying vaccine need gloves. But not for pills.

I remember there’s this fella called sri jesan or what. He keep on defending notion when I talk bad about it last year. He even called me sei so hai. Now who’s the Sei so hai. Hahaha

Wei Sri jesan, where are you??

End or no end doesn’t matter. Important is covid is going down. This is the sentiment. Covid might end up being another type of common flu.

Seriously better stay away from glove counters. If they suddenly announce approval of covid pills, another sell down will happen. We don’t know what will happen in future. Market now is driven by sentiment instead of quarterly profits.

Wow, COVID pills? No gloves needed for this. Once finalized gloves really will plunge

Indeed, I was telling people here last year the same thing. Yet people here making huha saying diversification is good, and say only glove makers can make gloves? Lol

70% payout ratio is too much for a growth company. Better go for harta if you’re holding long term and want to invest in glove business. Decent dividend with growth. Solid management with constant innovation. And share price only increase 100% compare to pre covid. Topglove already increase 300% compare to pre covid.

Not to forget harta ASP is catching up as well. How much more room for topglove to increase ASP?

I’m talking in company’s point of view. Is it really good for the company? Of course as a shareholder you will be happy for receiving good dividend.

If you guys are into real investing. This of this. If your company earn 1million. 700k will be declared as dividend and goes into your pocket. Of course you’ll be fun.

But your company only have 300k of the year earnings. How to do expansion? Borrow loan from banks. For topglove case is get listed in HK and dilute EPS. Is it good for company?

Topglove has spend too much money for buying back shares. If not mistaken the second highest was supermax but it was only around RM100million spend. But topglove spend a whopping RM1billion to buy back their shares. Should’ve spend those money on capex and employee welfare. Now they need to get listed in HK for R&D, capex and then dilute EPS.

Plus they announce a dividend payout ratio of 70% for this year. Most of the money that earned through the good year in pandemic goes into shareholders. How about the company? This is like airasia declaring RM1.5 dividend per share few years back. All the money goes into tony pocket.

Tan Sri hold a direct 26% of shares. He’s the biggest beneficiary of high dividend payout. I’ve never seen a company which is in a high growth stage will declare high dividends. Usually this will be done by companies in their mature stage such as tenaga.

Diversify until don’t know how to say

Wah, now selling LNG? Hahaha

OMG, I just saw someone posted in telegram group that he got suicidal taught. Lose too much in topglove. But now is getting better. And others say they lose over 70k. Why are you guys so mean? Keep asking people to buy buy and buy. Keep for dividend this and that. In the end make people suffer mentally. 害人没钱是小事，让人倾家荡产，跳楼自杀，皆罪恶滔天，阿弥陀佛！

If people listen to you and buy one Jan 13 which is around 6.6, they will be suffering from huge paper loss now hahaha whose comment cannot pakai?

Below are the post by GoldenHarvest

Stock: [TOPGLOV]: TOP GLOVE CORP BHD
Jan 13, 2021 4:16 PM | Report Abuse

Guys don't miss your cheap fare glove boat again this time


Stock: [TOPGLOV]: TOP GLOVE CORP BHD
Jan 13, 2021 4:15 PM | Report Abuse

Fairly soon


Stock: [TOPGLOV]: TOP GLOVE CORP BHD
Jan 13, 2021 4:14 PM | Report Abuse

Glove bull wave 3 coming soon

——————————————————————

Where is your bull wave ah? Hahahaha whose comment cannot pakai now?

You think market will react based on retained earnings? Please look at Genting. From RM9 to RM4. Didnt market know Genting got more than 20b cash pile?

Normal logic doesn’t work because everyone knows it

@nozname, of course hospital won’t run out of business as they have a better equipment compare to clinics. But if you’re only having fever you’ll go clinics rather than hospitals right.

I’m not saying topglove will go out of business. Main point is can they sustain their earnings now. That’s the market want to knows. Everyone knows topglove can earn 10b this year. How about next year and the year after? More and more gloves are going to be flooded in the market.

If they earn 5b next year, it’s a 50% drop yoy. By that time it’s PE will increase from current low PE.

@volatileismygold, please open you eyes and read carefully. I’m talking about 2030. Of course everyone knows shortage till next year.

You can build as many factories as you want. But can you sell all the gloves that you produce at 100% capacity. If topglove have 500 factories I assume their annual production is at 900 billion pieces pa.

Assuming 10% increase per year for glove consumption until 2030. Topglove alone is enough to the whole world. Meaning there’s a huge oversupply coming. Topglove is flooding the whole market with gloves.

Would you mind explaining big 4 accounting firms? Only got big 4 ma as we always mention. So accounting firms got high barrier of entry as well?

Just because only got big 4 you think it’s high barrier of entry?

The smart only invest based on environment no need to do business. You all still having starting a business mindset ah?

Hello, do you know what is ATE and FAS? You compare it with what those freelancer’s site?

Any business we do also will have issues, see you want to solve it or not. When vaccine first came out, there’s people saying got transportation issues due to their storage temperature. In the end many countries also start their vaccination programs already.

Ya lor. From plantation companies to property developers, they can simply set up a glove company. Low barrier to entry unlike technology companies. How often you see people venture into ATE, FAS business?

Why topglove so rush to get listed in HK? Maybe because they want to get listed while their profit is still good. In the prospectus can show investors nice profit qoq. If ASP starts to drop, they want get listed also difficult. Cannot raise much funds. Unless they give a steep discount in price.

@maktw1964, wow two months 100million profit from gloves? I think JP Morgan and didn’t earn that much from gloves this year. I guess you’re the one blowing cow. Why not you come to my office and I show you my company’s trading account and you show me yours. Deal?

You continue your way in investing la. Don’t tell me you want to keep 20, 30 years for your grandchildren. This super long term investment is just an excuse for a person to cover their failure in stock selections.

I said I’ve close my short position yesterday. Check back the time I posted. Topglove was around 4.7 that time.

I’ve been asking not to chase topglove before CNY. I know what’s IB is doing. You guys also didn’t believe la. Say I blow water only.

Fact is proven. From 6.9 drop until 4.7. Only listen to what you like to listen.

IB earn big big o from gloves. My team’s funds already roll to 60million from beginning of the year of 50million. This year I just sit back and do nothing also esrn help company10million already. Waiting for next year bonuses. Good luck to you guys.

Especially TYxxP, he’s hiding inside cave now. And StockPick2Me. There’s this guy who says he will borrow ah long when topglove drop to RM4 in his live. Lol