More interest rate cuts will add more fuel to TOP GLOVE price surge after the bonus issue...so buy now to avoid disappointments.

Bonus issue rerating + interest rate cut = PRICE SURGE KABOOM

https://www.thestar.com.my/business/business-news/2020/08/21/the-week-that-was---rate-cut#cxrecs_s

https://www.theedgemarkets.com/content/news-will-there-be-more-opr-cuts

1 more last rate cut coming for the year...

Is the valuation justified?

An analyst with a local securities firm who declined to be named says the valuation of glove stocks should be viewed differently given the severity of the pandemic. “The price-earnings ratio had not gone up so much before. Compared with H1N1 and SARS, this is a global pandemic and affects everybody. There were no lockdowns during SARS, so it’s different right now.

“That’s why the current valuations are justified as glove makers’ profit could easily double on a quarter-on-quarter basis, especially for 3Q.”

AmInvestment Bank Research foresees a structural change in the way gloves are used, where glove usage per capita will increase as hygiene measures become stricter. “This is expected to apply not only to the healthcare sector but also across different industries like F&B. Glove consumption per capita in emerging markets such as India and China was low at around two to six gloves as opposed to 100 to 280 gloves in developed countries.”

Takeaway: Glove demand expected to remain intact even with the discovery of a vaccine against the coronavirus.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3079214

Pursuant to Paragraph 14.08(b) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, Top Glove Corporation Bhd ("TOPGLOVE" or "the Company") wishes to announce that Tan Sri Dr Lim Wee Chai, Executive Chairman and Mr Lim Hooi Sin, Executive Director of TOPGLOVE, intend to deal in the securities of TOPGLOVE during the closed period prior to the release of its financial results for the fourth quarter ended 31 August 2020.

this is the result when you don't use gloves in your SOPs

The World Health Organization cited a relaxation of public health measures, in addition to people “dropping their guard,” as possible explanations for the resurgence in the number of new Covid-19 infections across the region.

Germany, Spain record highest daily coronavirus infection rate since April as cases surge across Europe

It is worth taking the position with TOP GLOVE. Tan Sri Lim has issued his intention to deal with Top Glove's shares during the closed period which means under bursa rules, the company has to announce the Q2 results within 30 days. This only means more buying by Tan Sri and this means the Q2 must be very good since the company is so eager to announce the results. To coincide with the bonus issue.

The moment BNM announces more cuts to interest rates in Sept, one can expect the stock market to be flooded with new liquidity and with TOP Glove's shares rerated following the share split, this will encourage more retail participation which will eventually shoot the share price up to 20 bucks by end of Sept.

It is worth taking the position with TOP GLOVE. Tan Sri Lim has issued his intention to deal with Top Glove's shares during the closed period which means under bursa rules, the company has to announce the Q2 results within 30 days. This only means more buying by Tan Sri and this means the Q2 must be very good since the company is so eager to announce the results. To coincide with the bonus issue.

The moment BNM announces more cuts to interest rates in Sept, one can expect the stock market to be flooded with new liquidity and with TOP Glove's shares rerated following the share split, this will encourage more retail participation which will eventually shoot the share price up to 20 bucks by end of Sept.

don't worry Tan Sri Lim will come back with his millions blast off whatever road block, he has already announced his intention to mop up cheap top glove shares.

master yoda@ please go to the HLT counter. HLT is not a pure glove player and you are clearly having other intentions. this is a top glove fan site only for top glove.

a lot of contra players i realise. people who have no money trying to take part now they are forced to sell.

the Q2 must be very good ...

This announcement is dated 19 August 2020.

Pursuant to Paragraph 14.08(b) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, Top Glove Corporation Bhd ("TOPGLOVE" or "the Company") wishes to announce that Tan Sri Dr Lim Wee Chai, Executive Chairman and Mr Lim Hooi Sin, Executive Director of TOPGLOVE, intend to deal in the securities of TOPGLOVE during the closed period prior to the release of its financial results for the fourth quarter ended 31 August 2020.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3079214

come on board TOP glove. this is the ship that can get you to the moon

Tan Sri Lim again announces his intention to deal with TOP GLOVE shares during closed period - which means the result is damn good.

11.77 mil. who has 11.77 mil just kao tim that road block...

you are the ultimate clown, urging members to refrain from speaking the truth on fear of "creating enemies". you rather live in a world of lies...I URGE you to face the truth and not hide like a coward. welcome to the 21st century.

joker la you. you sound like someone who cannot take the truth.

Brazil coronavirus cases tops 3.5 million, fatalities exceed 112,000 -health ministry

https://www.thestar.com.my/news/world/2020/08/21/brazil-coronavirus-cases-tops-35-million-fatalities-exceed-112000--health-ministry

dreamcommander@ you disregard the ethic of freedom of speech and dissemination of truth. I suggest you don't talk so much. This is a forum for members to speak the truth and if a stock is not good, i will speak the truth. And the truth hurts we know that. Don;t be a coward....you really sound like a weako

the whole world is experiencing a surge of coronavirus. more gloves needed more profits more spot orders and more ASP hikes. buy glove for your own wealth.

India coronavirus cases surge to 2.9 million

DreamCommander@ i disagree with you. stocks that have less upside and less value we have to expose the weaknesses for the benefits of members here especially when someone is trying to incite members to buy that stock. I reiterate HLT is not a pure glove stock. It will not enjoy the kind of ASP% hikes that top glove and supermax is enjoying.THIS IS A FACT.

the coronavirus is back again with more hikes coming in for the winter season - more gloves needed for SOP compliances.

France sees post-lockdown daily record of 4,711 new COVID-19 infections

https://www.channelnewsasia.com/news/world/italy-845-covid-19-cases-highest-since-end-of-may-lockdown-13039372

the coronavirus is now back again. with new hikes and this is not even winter season yet... more cases are foreseen to occur and lockdowns may be imposed very soon.

France sees post-lockdown daily record of 4,711 new COVID-19 infections

Italy sees 845 new COVID-19 cases, highest since end of lockdown in May

a strong of extremely good news awaits as fuel to shoot the price up to 50.0 beginning with the lifting of the US BAN

1. DIVIDENDS
2. bonus issue
3. Q2 crazy billion dollar profits
4. ASP hikes
5. more flu during winter season more coronavirus outbreak cases
6. vaccine fails phase 3 very likely due to strains mutations
7. vaccine produces adverse effects due to lack of testing - quite likely
8. more SOPs needed meaning more gloves needed.
9. lead times extended for gloves delivery
10. BNM cut interest rates again in Sept to spur the weak Malaysian economy.

still can masuk guys, don't wait until it hits 40 something then you ooha ooha there...

later they will announce the news that the US BAN IS LIFTED ... haha just watch it ...the price will soar again

i have no doubt that Top glove will eventually hit 50.0

HLT is not a pure glove stock . i will not buy that kind of half half. carepls capacity is lower than Top glove. Top glove has the cheapest ratio valuation now. best profits - worth buying more. Better value

buy buy buy

more dividends for TOP GLOVE too...

winter season coming more flu more coronavirus...
more interest rate cuts BNM will cut interest rates in sept again...
more exponential profits in sept for Q2 results
more ASP hikes
more mutations more virus spreading

more share price hikes... TOP GLOVE leads the way

shoot it up before ex-date...

carepls is warming up for a huge explosion...

best company ever .... TOP GLOVE when all the sectors in Bursa are dying. look at banks pharma and oil and gas. truly no value stocks

no one is crazy here dreamcommander@ top glove is worth every premium the market is subscribing to it. Its profits will be the highest ever in sept and after bonus issue funds will buy and it will hit 20 bucks soon. Best company ever. more ASP hikes for more corona cases. and profits will rise exponentially

what a solid performance from a true blue chip stock. very impressed. very bright prospects for Top glove. TP: 50.00 very possible