Posted by VenFx > 2021-01-16 12:10 | Report Abuse

In contradictory

Average selling price going to sky high
Costs will further pass on to the global clientele

Just pay the Shipping premiums and get in board , solve lah !

Posted by jeffchan1901 > 2021-01-16 12:11 | Report Abuse

question is will global client pay top dollar for stocks or seek elsewhere?

Posted by stockraider > 2021-01-16 12:20 | Report Abuse

Gloves ASP sky high temporary loh....!!

Existing Buyers will just walk away when there are plenty supply come on board due to new players capacity & existing players huge capacity expansion mah...!!

As JPM said demand will tapered & flattened due to vaccine come in full force this year mah...!!


Posted by jeffchan1901 > Jan 16, 2021 12:11 PM | Report Abuse

question is will global client pay top dollar for stocks or seek elsewhere?

Posted by ks5S > 2021-01-16 12:22 | Report Abuse

Newbie will close shop due to not competitive

Posted by Tobby > 2021-01-16 12:26 | Report Abuse

This will be bad for Superman!

Posted by stockraider > 2021-01-16 12:27 | Report Abuse

Imagine new players like Mah Sing put in millions & millions they want to close shop meh ??

No mah...they will stay n fight & fight loh!!

That means price war loh!!

If we assume demand will Flattened gloves prices also koyak mah!

Gloves ASP sky high temporary loh....!!

Existing Buyers will just walk away when there are plenty supply come on board due to new players capacity & existing players huge capacity expansion mah...!!

As JPM said demand will tapered & flattened due to vaccine come in full force this year mah...!!


Posted by jeffchan1901 > Jan 16, 2021 12:11 PM | Report Abuse

question is will global client pay top dollar for stocks or seek elsewhere?


Posted by pjseow > Jan 16, 2021 12:21 PM | Report Abuse

It is just too simplistic to.assume that when the pandemic is over ,demand for glove will.be back to pre pandemic time .in 2 to 3 years time. It is a wrong assumption to value the stock as pre pandemic valuation. Based on Topglove past 18 years records from 2001 till 2019, its revenue,earnings and.share prices has grown.at an average of about compounded 20 %. That means in every 3 to 4 years , its earnings.and share prices will double. Topglove is a 100 baggers from.2001 till 2019. If you extrapolate , Topglove would have double its share price of 2019 in 2013 based on its average gowth rate even without the extra ordinary pandemic. We should also not just omit the exceptional profits of abot 30 billions made betwren 2020 till 2023. This profits is sbout 8 x of what topglove made from 2001 till 2019. This is real cash if which 70 % will be rewarded bac to the shareholders as dividend and the balance 30 % will be used to re invest in its capacity expansion. The total dividend would be worth about rm 2 . The company will be at.nett cssh position compared with nett debt position in 2019. These 2 factors.should be considered in our valuations of topglove.

Posted by ks5S > Jan 16, 2021 12:22 PM | Report Abuse

Newbie will close shop due to not competitive

Posted by stockraider > 2021-01-16 12:42 |

Post removed.Why?