Posted by Mini2021 > 2021-06-07 14:20 | Report Abuse

Will enter at rm 1....

Posted by hsyanbird > 2021-06-07 18:39 | Report Abuse

can see SG riverstone and topglove close green today. Hmm... one day show tomorrow?

Posted by HrryPttr > 2021-06-08 01:20 | Report Abuse

Will enter below 0.05 or PN17

Posted by greedy44 > 2021-06-08 01:40 | Report Abuse

Latest total cases dropped to 5271, lowest since March. Good news for Malaysian but not for glove investors.

Posted by CUTLOST > 2021-06-08 09:09 | Report Abuse

Ayo.. Abis Loor

Posted by sadforvivo > 2021-06-08 09:26 | Report Abuse

aiyo... i just bought last friday....

Posted by sc4lper > 2021-06-08 09:42 | Report Abuse

will be going for 1.4 soon. bye :)

Posted by FaridIsland > 2021-06-08 10:02 | Report Abuse

Agak2 lah..ifdown pun wil nvr below 0.05...gila ke apa?

Posted by Sneakpeek > 2021-06-08 10:22 | Report Abuse

ok now tikam2 today close what price

Posted by mcc888 > 2021-06-08 10:42 | Report Abuse

spiked suddenly 2 weeks ago now masuk longkang.

Posted by Citadel9999 > 2021-06-08 10:43 | Report Abuse

drop two more days only rebound

Posted by strattegist > 2021-06-08 10:51 | Report Abuse

red

Posted by strattegist > 2021-06-08 10:51 | Report Abuse

merah

Posted by BearishTrend > 2021-06-08 11:01 | Report Abuse

I believe operator will not let it drop below 10cts..

Posted by Hotstuff > 2021-06-08 11:23 | Report Abuse

covid cases drop. glove counters drop. if today fall back to 4k case tomorrow another drop

Posted by strattegist > 2021-06-08 11:49 | Report Abuse

red

Posted by sengkee > 2021-06-08 12:31 | Report Abuse

Afternoon might get cheaper. Like last Friday..

Posted by strattegist > 2021-06-08 13:03 | Report Abuse

merah

Posted by matthewming > 2021-06-08 13:13 | Report Abuse

Cheap Sales

Posted by gohkimhock > 2021-06-08 13:54 | Report Abuse

it was worth less than 20 sen pre-pandemic..

Posted by Sneakpeek > 2021-06-08 14:42 | Report Abuse

Good job K+

Posted by Taipan > 2021-06-08 14:44 | Report Abuse

https://www.theedgemarkets.com/article/more-chinese-firms-could-fall-u...

Biden has began his banning of china products. He is more aggressive than Trump. Which means China gloves will soon be off the US market. In fact believe US may have already stop purchasing gloves from China.

This is a huge advantage now for Malaysian Gloves to supply the annual 25B glove demand just for the medical sector.

Posted by ooi8888 > 2021-06-08 14:47 | Report Abuse

Calvin Tan Eng will say US can buy gloves from LAZADA & SHOPPE, very cheap.

Posted by strattegist > 2021-06-08 15:02 | Report Abuse

red

Posted by strattegist > 2021-06-08 17:23 | Report Abuse

closed red

Posted by strattegist > 2021-06-08 17:23 | Report Abuse

tutup merah

Posted by Stockhunter88 > 2021-06-08 17:27 | Report Abuse

Wah, lazada and shopee kasi sekali deliver sampai usa... So powderful

Posted by greedy44 > 2021-06-08 18:06 | Report Abuse

No more positive news for glove counters. The number of cases in india already dropped to below 100k and in Malaysia dropped below 6k. But it's a good news for ordinary ppl on the street.

Posted by michaelwong > 2021-06-08 20:34 | Report Abuse

Don't be enticed by their good quarterly results and it's for cock sure despite posting very impressive results is not going to move up the share price . Gloves will flood the market when the pandemic subsided like toilet papers.

Posted by pangolin > 2021-06-08 23:37 | Report Abuse

FUIYOOO..... 1.5 is coming soon ,

Posted by brian3381 > 2021-06-08 23:39 | Report Abuse

Back to 50sen loh. Haha

Posted by Stockhunter88 > 2021-06-08 23:43 | Report Abuse

Toilet paper not cheap also

Posted by sc4lper > 2021-06-09 09:25 | Report Abuse

1.28 soon.

Posted by newbie1805 > 2021-06-09 11:14 | Report Abuse

fake raise?

Posted by strattegist > 2021-06-09 12:41 | Report Abuse

green

Posted by strattegist > 2021-06-09 12:42 | Report Abuse

hijau

Posted by roger3210 > 2021-06-09 12:49 |

Post removed.Why?

Posted by tiruban85 > 2021-06-09 12:50 | Report Abuse

fake rise or true rise, hope we invest in glove companies for their potential in glove production.

Posted by azrul81i3 > 2021-06-09 13:02 | Report Abuse

hijau, go go k+

Posted by strattegist > 2021-06-09 14:00 | Report Abuse

green molek

Posted by strattegist > 2021-06-09 16:14 | Report Abuse

hijau

Posted by Tmt0102 > 2021-06-09 16:51 | Report Abuse

hoot?

Posted by strattegist > 2021-06-09 17:21 | Report Abuse

closed green

Posted by strattegist > 2021-06-09 17:21 | Report Abuse

tutup hijau

Posted by Kristina Melody > 2021-06-09 17:35 | Report Abuse

i think its fake raise.

Posted by glovesxmalaysia > 2021-06-09 17:47 | Report Abuse

tomorrow limit down :)

Posted by roger3210 > 2021-06-09 20:54 |

Post removed.Why?

Posted by Will76 > 2021-06-09 22:51 | Report Abuse

KUALA LUMPUR (June 9): Top Glove Corp Bhd expects average selling prices (ASPs) of gloves to drop further in the coming month due to weaker demand from the US and lower raw material costs.

Its executive director Lim Cheong Guan noted that the ASP of nitrile gloves fell 20% in Top Glove's third financial quarter ended May 31, 2021 (3QFY21).

"The ASP adjustment was in line with market pricing trends and lesser sales volume to the US," he told a virtual press conference held in conjunction with the announcement of the group's latest quarterly results.

Lim expects lower nitrile latex prices as costs of the raw materials, namely butadiene and acrylonitrile, are expected to decline by 10% and 6% respectively between May and August.

"A lower natural rubber latex concentrate price is expected in the coming months as the wintering season ended in May 2021, and yields are expected to improve," he added.

The world's largest glove manufacturer posted a softer quarter-on-quarter (q-o-q) performance for 3QFY21.

Its net profit fell 29.03% to RM2.03 billion from RM2.87 billion for 2QFY21, while revenue shrank 22.42% to RM4.16 billion from RM5.37 billion, as the group was barred from exporting to the US.

The group said the weaker q-o-q performance was owing to a decline in ASPs by 16%, a lower sales quantity following a temporary halt in shipments to the US from Malaysia and higher latex as well as natural rubber latex concentrate prices.

On a year-on-year (y-o-y) basis, the group’s quarterly net profit jumped almost five times to RM2.04 billion from RM347.9 million a year earlier on a higher revenue.

Revenue climbed to RM4.16 billion for 3QFY21 from RM1.69 billion previously.

Despite the weaker earnings performance, Top Glove declared a dividend of 18 sen a share, including a special dividend of 5.3 sen.

Top Glove gained six sen to close at RM4.84 today, with a market capitalisation of RM39.72 billion. It saw 34.54 million shares traded.

Posted by CUTLOST > 2021-06-10 08:56 | Report Abuse

Hope going up above Rm2 today

Posted by HrryPttr > 2021-06-10 09:16 | Report Abuse

RM2 or RM0.2?