It's Tan Sri's elder brother who passed away

Their name sound quite the same

too bad it's too late


they don't want to R&D this segment earlier

competitors have invested a lot n this and they are ahead

if they want to do now it will take a few years to implement





Posted by moneymakerx > Mar 31, 2021 4:13 PM | Report Abuse

TG has been trying to automate all these years, reducing man count from 8 to 1 person in the last 10 years. New factories are built with full automation in mind. We will see fewer import of foreign workers in the years to come. even as of now, there is not much in take of foreign workers since 2018-2020, yet TG capacity was still on the rise. So for those long term investors, it's better to get educated than be panicked because of the manipulation. but for traders, TG might just be your nightmare.

they don't have the technology to do this





Posted by KTLam89 > Mar 31, 2021 1:01 PM | Report Abuse

TG change all labour issue to robotic line,will no excuse to US

stop blaming US-China political issue la

top glove issue with US started long before this due to ESG

it's not that they could not, but don't want

analysts and investors asked ah chai about automation over a decade ago and the question has been there many times

his answer was "we can cheap labour here, why should invest in automation"

they don't want to invest earlier

when they found out, then it's too late





Posted by relaks > Mar 30, 2021 5:37 PM | Report Abuse

Ganti with machine / robot la. Foreign workers tak bole pakai already! Bring sial to co!

really? his SBB losing > RM300m




Posted by mlike > Mar 23, 2021 3:40 PM | Report Abuse

LWC play share very well now, only collect at low until solid. And who play contra or RSS will gg. Haha.

Top glove buyers top losers

Hahahaha

Fatt lan jar

Please buy more

Hahahaha





Posted by messi88 > Mar 22, 2021 3:04 PM | Report Abuse

Tan Sri need investors that’s why he listed in KLSE, SGEX and Even HKEX

Say u also dunno 1 lah. I say you, valendinlou... I can guess u lost a lot in share... hahahhaa

his share price dropped, he is still a billionaire

but all worshippers go holland

u think ah chai is really soh chai?

his own workers he also squeeze like mad

but those who worship him are really soh chai

let's celebrate

buy more!!!

Ah chai will be very happy :D

then the peak share price is also not achievable again too





Posted by moi87 > Mar 22, 2021 2:31 PM | Report Abuse

Top Glove profit for these few years alone can't be achieved in a lifetime for other goreng counters with not great FA. Go Top Glove !

also, no one will give a premium in PER when everyone knows the profit is declining

so many projections

if share price move inline with projections, then there won't be so many people losing money here

share price usually move ahead of projections

when? no one knows

if the projection is correct is inline with share price, then buy in 2024 better

use the money to buy other stocks and buy TG in 2023

FY24 3766m?

they will be happy if can touch 1.5b at that time

Please buy more. Don't stop the buying

Let HKie have more discounts LOL

listing in HK is shiok sendiri only la

Our IB got offices in HK too

HK investors are not interested with Malaysian companies.

There are many PRC companies which are far more exciting to play than Top Glove

not fixed but it cannot be 7 bucks. especially downtrending time. investors surely will ask for more discounts LOL




Posted by Bullrunrun > Mar 18, 2021 10:51 AM | Report Abuse

HK listing the price not fixed yet maybe RM 7.00 lol

TG is in the process to get approval from USA to export into USA anytime can happen soon.

BUY

Average SBB price is slightly higher than RM7 with more than 200m shares

Paper loss RM350-360m

SBB at high price then IPO at RM5.20

What logic is this?

Simply pour shareholders' money into longkang

Must well use to provide better accommodation for workers

please push it higher

let the hongkie get better discount

LOL

seeing people suicide u very happy is it?


Posted by pjseow > Mar 16, 2021 4:08 PM | Report Abuse

Google Apple Foxconn high worker suicide issues in China

Becoming the world's largest glove manufacturer by exploiting your employees is really the world no 1 pariah!

When u are a small company, people can forgive.

But when they are world's largest, world class best etc. then this is not acceptable


Posted by ValueInvestor888 > Mar 16, 2021 3:01 PM | Report Abuse

There are many worker accommodations that are worst than TG, esp construction and many factories and plantation. TG accomodation is consider not too bad or above average as compared with many others albert Harta and Supermax are the best. TG just unlucky to be targeted by authority.

please buy more

don't stop buying LOL

both also kaput!




Posted by fortheemprah > Mar 16, 2021 10:18 AM | Report Abuse

@ valendinlou, what happened to those buyers at peak? You mean the developers shares or the actual physical property?

few years back many property developers were also very optimistic with the property market

buyers believe and keep buy

see what happened to those who bought during the peak?

ya, u push to RM6

later ah chai sell to hongkie at 5.20

LOL

I said pre covid

facts here


Top Glove
FY19 RM370m
FY18 RM424m
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=2989573


Hartalega
FY19 RM434m
FY18 RM455m
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3050940




Posted by newway > Mar 15, 2021 4:00 PM | Report Abuse

@ valendinlou Pre covid 19, Top Glove size is more than double Hartalega but Harta's profit is higher than Top Glove.

valendinlou, Harta's profit is NOT higher than Top Glove. You need to check your facts before you post. Otherwise you may mislead some innocent souls

Pre covid 19, Top Glove size is more than double Hartalega but Harta's profit is higher than Top Glove.

Why? Efficiency, speed, R&D, technology. Top Glove is so stingy till don't invest into these. They just make the same old plants 10x the numbers

What Top Glove have been doing all the while is squeezing other stakeholders to maintain their profit margin. Back then Harta's ASP is lower than Top Glove but profit is much higher.

Now post covid. Same thing will happen again

Top Glove brand are the one of the most pariah among industry players. People in the industry should know. Their plant and machineries are some of the lowest quality and speed is not even 70% of top tier producers. What have they been doing all the while is photocopying their old plants and make the numbers. All low tech punya.

Only retail investors worship it









Posted by pjseow > Mar 15, 2021 2:04 PM | Report Abuse

There is a brand advantage if you are world number 1 or number 2. You are price leader . For example Apple which was world number one 15 years ago in smartphone market. Even it was dethroned by Samsung 5 years ago and Huawei 2 years ago, its ASP is still the highest. The last few years, you see.new China competitors like Xiaomi , Oppo ,Vivo and Realme but Apple continue to sell more than twice their prices. The China brands can sell well only in.China , India ,Indonesia and other third world countries with less than half Apple pricings. Despite such fierce competitions from China, Apple continue to grow into a trillion dollar company with big cash reserve . Likewise , Topglove has been world number 1 for many years . Its brand has been.a great advantage. Its ASP is.also one of the highest if not the highest. Hospitals will not simply switch to unbranded new comers. These new comers do not have brands and economy of scale . They will.be wiped off just like how HTC, Sagem, ALcatel, BenQ, Siemens, Philips etc were wiped off in.the handset markets. Today, Apple remains very very profitable with big cash in the banks. It had just bounced.back to world number one . Topglove aggressive.capacity plans will increase it market share and continue to remain world number in.glove business .

osted by beginner > Mar 12, 2021 3:32 PM | Report Abuse

mgmt already gave explanation the dilution is mitigated with strong earning, plus the fund raised will be utilised for future expansion to double the gloves production. in long run the hkex will be more beneficial to the company. with huge cash of 4b the company can embark into any new venture if the opportunity arises or just reward the shareholders with more divvy. with this low price i feel more comfortable to park my money into topglov compared to buy those tech stocks with superb high pe and unconfirmed earning in the future




ya

but the strong earnings will come after 2023-24

slowly wait la then

Posted by investmalaysia8 > Mar 12, 2021 11:18 AM | Report Abuse

Topglove cannot compete with harta interms of innovations la.




True. I have seen all their plants. Harta's plants are a decade ahead of Top Glove

obviously this person is paid by ah chai or other glove gurus

he only appeared after selldown of Top Glove last year

haha buy more la

HK premium? Check your fact first

PER for
KLCI is 22x
Hang Seng 15x

So who is premium now?

At current level, Hongkies definitely won't buy, if buy they will ask for bigger discount

Have u ever involved in bookbuilding exercises?

Usually IB and company will set a target price, then go round market to investors

Most the time, investors will pay lower than the initial price, especially those who buy in big blocks. I have been through things like these many times.

While Malaysian retailers trying all they could to push the share price up, ah chai is selling to Hongkees at RM5.20 per share. LOL

share price went up before they show FY20-21 strong profit

now share price down before they show weaker FY22-23 profit

stock market just move ahead of time

But too bad stock market always react ahead of time. People already materialise the profit when share price was pushed at the peak. The current price reflects the profit beyond 2021.



Posted by horkok > Feb 8, 2021 1:52 PM | Report Abuse

90% of the listed companies in Bursa is either making very small profit or not making money, how to buy them???

If U can guarantee me I will not make a lost on my share investment or return me the money if I loss, I will follow U.



Posted by HootNineEe > Feb 8, 2021 1:44 PM | Report Abuse

your later many ppl wait for almost half a year liao still losses.. learn to move on la.. whole stock market not only got gloves

These high level people should buy more LOL

come on la

the performance of glove stocks are not solely due to RSS

even before RSS big funds already selling to take profit, then with ESG, sell more

https://fb.watch/3rxozqcbIZ/

How come no wear gloves?

https://fb.watch/3rxozqcbIZ/

How come no wear gloves?

Please push Top Glove to RM10. Ah Chai will be impressed, syndicates will be able to unload their stocks with profits, retailers will achieve their target price and IB will earn brokerage.

Everyone will be happy.

Gong Xi Fa Cai!

Please push Top Glove to RM10. Ah Chai will be impressed, syndicates will be able to unload their stocks with profits, retailers will achieve their target price and IB will earn brokerage.

Everyone will be happy.

Gong Xi Fa Cai!

Please push Top Glove to RM10. Ah Chai will be impressed, syndicates will be able to unload their stocks, retailers will achieve their target price and IB will earn brokerage.

Everyone will be happy.

Gong Xi Fa Cai!

Please listen to Ben Tan (笨蛋) and buy more Top Glove. Ah Chai will be impressed, syndicates will be able to unload their stocks, retailers will achieve their target price and IB will earn brokerage.

Everyone will be happy.

Gong Xi Fa Cai!

Please listen to Ben Tan (笨蛋) and buy more Top Glove. Ah Chai will be impressed, syndicates will be able to unload their stocks, retailers will achieve their target price and IB will earn brokerage.

Please listen to Ben Tan and buy more Top Glove. Ah Chai will be impressed, syndicates will be able to unload their stocks, retailers will achieve their target price and IB will earn brokerage.

Yes, everyone please listen to mita29 and invest into great company like Top Glove. Ah Chai will be impressed, syndicates will be able to unload their stocks, retailers will achieve their target price and IB will earn brokerage.

Gong Xi Fa Cai!