1) TG announced that the dual-listing in Singapore is now entering Stage-2 submission. The listing will be around 28 June 2016. The date is almost there as Bursa in Singapore keep their response date very close due to their KPI. Very efficient.

2) USD to RM is getting higher and higher.

3) Oil price keep dropping.

4) EPF keep on buying TG.

Spend more time to have good dinner tonight. Yahoooo.

nothing goes wrong with this counter, why sell? do not follow panic selling.

RM getting bad again. USD/RM = 3.95

The above news :-
"But from an industry-wide viewpoint, the overall impact on glove makers' earnings is expected to be minimal if raw material prices and the ringgit continue to strengthen.

Aw said this was due to the industry's cost pass-through mechanism, which allows glove manufacturers to adjust the prices of their products based on raw material price movements.

"We believe that the impact on earnings will be minimal because glove players should face no difficulty in raising prices, as it is an industry-wide phenomenon

"Furthermore, glove makers have a cost pass-through mechanism in place, allowing them to pass on the additional costs to their customers in the event of any sharp increases in costs," he said.

CIMB maintained its "overweight" call on the rubber glove sector.

once again, please panic sell to me...

after 4:31pm to 4:42pm, there were huge buying transactions. 7808 buying lots waiting at RM5.13 but not transacted. Have a thought.

loud & clear. Global rubber glove demand expected to grow 8% to 10%...
http://www.theedgemarkets.com/my/article/global-rubber-glove-demand-expected-grow-8-10

From the news, TopGlove target price is RM7.17.... The analyst said.

As expected, Iran just send a machai to Doha for the OPEC meeting. Oil Minister sitting at home office counting black gold money.... Freeze production is still long way to get it agreed.....lets pump more black gold faster..

just before 5pm closing today, huge buying amount of 9986 lots were queuing but the transaction was not closed. means big fish tried to buy cheap. look at the huge buying queue.

I hold tight.....

On OPEC meeting by 17-4-16.
a) Iran may or may not will join.

b) Iran is still increasing its export, especially to India. http://www.cnbc.com/2016/03/21/opecs-badri-hopes-for-positive-producer-meeting-in-april-says-iran-could-join-group-later.html

c) Iran’s daily oil exports surge by 600,000 barrels in three months as OPEC meeting looms. http://fuelfix.com/blog/2016/04/11/irans-daily-oil-exports-surge-by-600000-barrels-as-opec-meeting-looms/

My opinion, without cooperation from Iran, the reduction in production will not take place as Saudi wants majority to reduce production as a condition. However, Iran may attend meeting as "look see look see only".

Furthermore, Iran has serious problem ( has "teeth scar" --- nga chi ngan ) with Saudi due to the execution of their evangelist few months ago. They have cut their diplomat relationship.

I do not think any good news come.

Back to square. Continue to enjoy low petrol price each month ... more gig in your petrol tank...

The Star website has a bit problem to access. anyway how, it is not 2018... It is on 28-06-2016......... Bravoo..

Top Glove Corp Bhd will have a secondary listing on the Singapore Stock Exchange (SGX) on June 28, 2016.

volume for lining up to sell is getting lesser & buying rate is increasing. can easily expect turning green soon. gear up everybody...

USD1=RM3.87 lah, he said, please do not mislead. cultivate good deeds please... International InvestKL convention today will bring in many investors as usual... will be vrooooom all the way up.

Vroooooom............. up up get away.....

http://klse.i3investor.com/blogs/DannyTanSiongKee/94225.jsp

Key points:-
Top Glove (Note 25):

Forex loss of (RM11.332million) for the year ended 29 February 2016

Conclusion:
Bank analysts, especially Kenanga, CIMB, Hong Leong, Alliance have not done a proper analysis and will not perform a proper analysis of Malaysian Glove companies. These bank analysts have no credibilities and only want to con investors by pushing up the price when US dollar appreciate previously.

How can these companies have forex loss when RM dropped against every currency in 2015?

The truth is these companies do not benefit significantly from US dollar strengthen, but benefited significantly from expansion due to world demand.

http://allaboutnews.net/1345/global-rubber-gloves-market-will-approach-to-grow-at-cagr-of-8-5-by-2022/

The truth is these analyst have con investors (Both foreigners - Who have little knowledge on these companies and local retailers).

agree with wanutama2015. my trending chart also shows down trend since 2 trading days ago. the worst is downtrend from the top. truly over bought. uptrend again is only possible if any new good news surface again.

better watch up & keep eye open all the time as the situation is quite uncertain.

USD/MRY is getting weaker lah. not so good for export counter if persist. http://m.investing.com/currencies/usd-myr

Be a day trader, you should be very tiring selling out / buying in. why not just have a try to look at bigger picture, look at the trend.

if you look at RM strengthening, TG price should suffer. But from the other angle, due to RM strengthening, foreign investors come in and buy TG. Right now you can see the TG price is going up against the RM. Just detailed looking at the buying volume for each transaction in front of your trading platform, you can easily know some big buyers are buying and some of them believe to be foreign investors. I have in my previous few comments telling that TG is over sold based on few trending platforms and subject to rebound. Since yesterday and look at today, if tomorrow uptrend one more day, it prove the formation of real uptrend. Therefore, why run?

can anyone using grandpine capital chart to advise here?

and USD is in definite uptrend.

I use 2 trend trader platforms, namely t3b trader and trend trader charts, both platform show that TG and all glove counters are over sold.

the news on the China rubber company in Singapore - is not a glove company, please be rational.

there are people trying to push the price down using this platform by simply quoting a price that is picking up from the sky! I hope every commenter quotes price professionally. At least do some study on the earning and trend of this stock.

sjwee3, there are many trend trader platform in the market to assist investors to trade base on candle stick, trend and sell & buy signal. among them are sharexpert, t3b trader, trend trader, chartnexus. only chartnexsus provide free platform. you can google search them for for info.no matter what platform you may use, an important factor to success is our psychological behaviour. why I use chart ? simple, human can say anything, chart never lie.

he must be using t3b trader stock trending chart from Singapore in which I do agree with him on the favorable indicators.

wanutama2015 is trying to tell that according to the stock trending charts, there are indicators show good sign for holding export stocks.

selling volume is getting less. expect to bull soon.

i see some of the commenters here are trying to give low target price to TG with their own feeling. What the hack they are basing on to do that. I can only say they are trying to push the price down in order to have better entry price for them. I can tell you one thing, all commenters here including me are small flies, only the big boys are pushing it up and down. And big boys are not visiting this website for info on buying or selling! ... facts.

supermax is cheaper because the big boys of government bodies always suppressed the price down due to political reason. Important is TopG is cheaper than ( with lower PE ratio ) Kossan & Hartalega. facts.

TopGlove has the lowest PE ratio as compared with Kossan & Harta. Very much room to go up.

on uptrend direction, same as every year after Lunar New Year

this stock is not buying today and selling tomorrow to make money. you need few weeks or few months to see very great harvest.

quitting from PN17 is just around the corner and it will fly since that. will not be taking too long to prove that.

coming.... kick lai liao.

true. after revisited, i observed the same transaction size were done. somebody is(are) accumulating. something may be brewing.

No worry no 5 years. Shapadu has signed the acquisition agreement more than 3 weeks ago. Show time commences soon. Cheers

opportunity is good for those who are prepared & ready.. believe what you are believing & doing what you are believing. the wait is just few months, I see investors spent years to wait for Puncak stock to rise yet they are still numbers of loyal investors at the present. all be encouraged to be finished strongly. laugh all the way to bank. have an early cheers

whatever commented here always with good intention. Run means encourage to take our profit before it deteriorate. All of us who visit this website & commenting here are only tiny small boys in stock market. we won't be able to move the stock either to the north or south. only big boys can do. if do happen that big boys move it down below 10 cents, then we can take better profit if we retain our capital now by selling. No point keeping stock & see the graph moving up and down.

no worry. i will collect more & faster than anybody else if drop below 10 cents. we make together. cheers.

run.

stay cool.

papaerplane2, please enlighten us.

this news already well known since few months ago and i thought many people already known as the project does not kick start until now. thanks for reminder. all investors no worry but got to wait longer to bare fruit. thanks wanutama2015.

i wish this company grow well but has to establish the facts first before investing. risk is high but let see it objectively.

The shapadu project, they sub the C&S and architectural works to IJM. They will only do the M&E services. I understand that they under quote the M&E services. In addition, not many subcontractor is interested to quote to them. they lost the credibility in the past making suppliers quoting them very expensive. this is something you can foresee that can happen. sure happen. the abu dhabi job has been completed for many years still can not get back cash as the contra property deal is yet to be settled. this is the actual facts. enter only at RM0.12

Good entry point now...

once again, human can say anything, but trending chart never lie................