CIMB buy call TG TP RM9.20

https://klse.i3investor.com/blogs/gloveharicut/2020-09-09-story-h1513404736-CIMB_Research_maintain_BUY_on_TOPGLOV_Aiming_for_top_results_Target_pri.jsp

More foreign funds will come.

TG webpage:
UPCOMING INVESTOR RELATIONS EVENTS

9 Sept : 27th Annual CITIC CLSA Flagship Investor's Forum, Rosewood Hong Kong

10 Sept: J.P. Morgan Asia Pacific CEO-CFO Conference (Virtual)

Nine drugmakers pledge to thoroughly vet any coronavirus vaccine.
Nine drug companies issued a joint pledge on Tuesday that they would “stand with science” and not put forward a vaccine until it had been thoroughly vetted for safety and efficacy.

https://www.nytimes.com/2020/09/08/world/covid-19-coronavirus.html

Nine drugmakers pledge to thoroughly vet any coronavirus vaccine.
Nine drug companies issued a joint pledge on Tuesday that they would “stand with science” and not put forward a vaccine until it had been thoroughly vetted for safety and efficacy.

https://www.nytimes.com/2020/09/08/world/covid-19-coronavirus.html

We have seen this before, and every time it re-bounced so strongly and quickly.

It is only at mid-term cycle. More profit is on the way.

TG is still on uptrend ..

New rally is coming... Get ready ...

Sifu can you please add me into your group chat.Thanks @yttihs

https://www.sinchew.com.my/content/content_2337307.html

Affin Hwang TP for TG is RM15.45

因此，开发疫苗并不意味着人们不再戴手套了。

最后，让我提醒你，当良好的基本股股价下跌时，适当的决定是买入而不是卖出，因为当价格下跌时，内在价值将会增加。

Therefore, the development of a vaccine does not mean that people no longer wear gloves.

Finally, let me remind you that when the stock price of a stock with good fundamental falls, the appropriate decision is to buy rather than sell, because when the price falls, the share value will increase.

https://www.enanyang.my/node/346819

Affin Hwang is not a surprise that the share prices for the glove sector had reacted negatively to the news of Covid-19 vaccines.

It said although the US Centre for Disease Control and Prevention planned to start distributing vaccines from November this year, the overall availability would be relatively scarce and would only be made available to healthcare professionals, essential workers and those in the high-risk group.

"Notably, these vaccines have yet to complete Phase 3 trials, and hence it is highly unlikely that they will be made available to the general public."

Affin Hwang maintained its "overweight" call on the glove sector as it believed that there was still upside to current share prices.

It said the current share prices had not fully reflected the upside from the latest ASP changes.

Affin Hwang's top picks are Top Glove Corp Bhd and Hartalega Holdings Bhd.

https://www.nst.com.my/business/2020/09/621894/stronger-2h-glove-makers

https://messenger.i3investor.com/res/msg/img/27922/2020/9/_20200904084701.jpg

UOB maintained TG as overweight. TP RM12.30.

Thanks for the write up, fightingdragon.

https://klse.i3investor.com/blogs/glovesvsvaccine/2020-09-04-story-h1513318067-Gloves_Top_Glove_Supermax_Harta_Kossan_it_s_all_about_PAT.jsp

The most important criteria to invest in a company is its earning .

“One has to be selective, the Big Four are still good long-term picks due to their margins and volume vis-à-vis the other players in the market, not to mention their product quality,” said Ng.(LeInves PLT chief investment officer William Ng)

https://www.theedgemarkets.com/article/hartalega-buying-opportunity-if-its-share-price-falls-further

Harta up so much now.
TG will follow suit.

Kossan also green now .
What is next for TG? Break RM9

The engine stated , bull run

Harta is green now , what is next for TG ..
Continue to climb TG ..

EARNINGS HAS YET TO PEAK

as stated in Affin Hwang report

All so called bad news has already reflected in the share price .

VACCINE FEARS OVERPLAYED AS DEMAND IS FIRMLY INTACT

As stated in UOB report .

All ppl shifted to TG
Next QR result is going to be very good and above market expectations.

Catching up with Supermax

Up up TG . The momentum is back .

https://www.thestar.com.my/news/world/2020/09/04/brazil039s-coronavirus-cases-pass-the-four-million-mark---ministry

Where on earth you can find a company that earn Billion . Real profit , not speculation . .

Europe pushed the limit of how far to reopen. Now it may be too late to prevent a second virus wave.

https://edition.cnn.com/2020/09/03/europe/europe-reopening-second-wave-intl/index.html

Glove consumption is increasing from now on as more and more countries comply to NEW SOP in healthcare .

Gloves must be:
• worn when exposure to blood and/or other body fluids, non-intact skin or mucous
membranes is anticipated or likely
• changed immediately after each patient and/or after completing a procedure/task
even on the same patien

https://www.unison.org.uk/coronavirus-rights-work/personal-protective-equipment-coronavirus/

It is good time to collect now . Buy more .

The global disposable gloves mark o et was valued at $6,858.07 million in 2019, and is expected to reach $18,885.88 million by 2027
Disposable Gloves Market by Type (Natural Rubber gloves, Nitrile Gloves, Vinyl Gloves, Neoprene, Polyethylene and Others), Form (Powder and Non Powder) and Application (Medical [Examination and Surgical] and Non-Medical [Food Service, Clean Room and Industrial]): Global Opportunity Analysis and Industry Forecast, 2020&ndash 2027

New York, Sept. 02, 2020 (GLOBE NEWSWIRE)

https://www.globenewswire.com/news-release/2020/09/02/2087496/0/en/The-global-disposable-gloves-market-was-valued-at-6-858-07-million-in-2019-and-is-expected-to-reach-18-885-88-million-by-2027.html

Using glove is a trend now. TG will continue to make good profit in the future.

https://www.globenewswire.com/news-release/2020/09/02/2087496/0/en/The-global-disposable-gloves-market-was-valued-at-6-858-07-million-in-2019-and-is-expected-to-reach-18-885-88-million-by-2027.html

TG matching Supermx price , RM10.

“None of the vaccines being developed are likely to be ready by that time. The most advanced ones are in phase-3 clinical trials, which are expected to continue till the end of this year. Vaccine developers, scientists and experts have been maintaining that the earliest a vaccine can be made available is next year. “

VACCINE CAN ONLY BE READY NEXT YEAR .

:LKL International Bhd has bagged a nitrile glove contract worth US$18.96 million or RM78.49 million. With this amount of sales , the share price up 20% .
Glove counters are still trending ..

Grab it before it hits RM10.. it is only RM8+ . Very affordable and has a lot of room to increase ..

Dow Jones hit 29k . With DT around , the stock market will rally for a while .. Today , TG will be running very fast . Limit up !!!!

TG is a blue chip, will not be a designate stock

no windfall tax

https://www.bernama.com/en/news.php?id=1871173

“The government has not made a decision on whether it will impose the windfall tax in order to boost the nation’s revenue, but the present government has a broad-based policy and whatever is good from the previous government will be continued,” he said.

https://www.sinchew.com.my/content/content_2326659.html

Appreciate if you can add me to the group.

https://www.sinchew.com.my/pad/con/content_2324498.html

German agency does not expect COVID vaccine in autumn, withdraws report https://www.thestar.com.my/news/world/2020/08/13/german-agency-does-not-expect-covid-vaccine-in-autumn-withdraws-report#.XzRtybj6eus.

Fauci said:
"We are likely going to have maybe tens of millions of doses in the early part of (next) year. But as we get into 2021, the manufacturers tell us that they will have hundreds of millions and likely a billion doses by the end of 2021. So I think the process is moving along at a pretty favorable pace."

Election coming？

https://www.chinapress.com.my/?p=2142505

Everything will be back to normal tmr. TG will continue to climb until RM35++.

Have faith in Big Boss.