Stock: [TOPGLOV]: TOP GLOVE CORP BHD Nov 9, 2021 6:42 PM | Report Abuse
AlvinTSK TopGlove IPO price RM2.70 March 2001 2,000 units X RM2.70= RM5,400
Bonus issues: 2002 3:10 ==> 2,600 units 2003 2:5 ==> 3,640 units 2005 1:1 ==> 7,280 units 2007 2:5 ==> 10,192 units 2010 1:1 ==> 20,384 units 2016 1:1 ==> 40,768 units 2018 1:1 ==> 81,536 units 2020 2:1 ==> 244,608 units
244,608 units X IF; M 1.50 = RM 366.90 Hold 10,000 Units for 2 Decades = x5 = RM 1,834,500 !? More than @350%; YOY!? So please find another company; IPO or Not; will have such great Return On Invested Capital!? TopGlove Will Growth at least #10 years; Or u exclude it;!? Fair Challenge!?
This chart tell everything~ Still a millionaire!? Hehehe!?
Ya kah...then how come 3 of the World Best Fantastic Defenders are up on the leaderboard?
HoHo Mr Haha Stooges..
Nowadays Mabel very Goyang Kaki one when comes to TG.
Why Goyang Kaki?
1. We have very powerful Ular Team in TG who steer this ship. 2. Mouse and his 3 Stooges have already been disqualified for cheating 3. Now waiting patiently to collect more
This week Mabel busy with my Handsome Boyfriends. HangSeng continue to climb 267 points. Currently is at 25,658.04..
Hong Kong got many handsome boyfriends. Hong Kong got Leslie Chung la, Kris Wu la, Eddie Peng la, Donnie Yeh la, Jackie Chan la, Chow Yun Fatt la, Nicholas Tze la, Jackie Chung la and many more...So nice..
More handsome than our Cukai Makmur Minister and Mickey Mouse..
Meow
Trending Now - Hot Stocks Today Rank Company Score 1 AIRASIA 1000 2 TOPGLOV 734 3 DNEX 589 4 SUPERMX 550 5 SERBADK 516 6 TENAGA 509 7 HARTA 508 8 GENTING 460 9 INARI 409 10 GENM 377
Hopefully Marmga can help clarify some wrong assumptions. Anyway conditions for changing bearish outlook are there already... Expansion slowed down, new entrants exiting, weaken ringgits etc...
JP Morgan also outlined risks to its bearish sector call which includes a sharp cut in planned capacity expansion which reduces price competition risk, and unexpected changes in nitrile and natural rubber prices which could uplift glove prices from their current lows.
Further challenges to its sector call would be a consistent step-up in dividend payout and balance sheet management, a substantial depreciation of the ringgit that would improve profits as gloves are sold in US dollar terms.
The exit of new entrants cutting oversupply risk and unforeseeable factors driving a valuation re-rating could also see glove makers’ prices move upwards too, the analysts said.
Don't listen to those guru who scam you buying top glove. They just want to cut loss at the higher price. JPM is reputed and 1.50 TP is unquestionable.
Surge in covid-19 doesn't lead to buying sprea in health care counters, this can be seen in the past few months. However, as covid-19 cases surge to an alarming stage again the investors sentiment may change; this is left to be seen. It is undeniable that demand for health care products (gloves included) will not drop to a level at pre pandemic time if this devil continues to spread rampantly across the globe. Demand for condoms may increase with more lockdowns.
Based falling asp projection from Super and Harta, TG next Qr profit is about 450mil.... With 5sens profit / shares...expected 50% payout ratio is 2.5sen max
Oct dividend was 3.8sen + 1.6sen (special )....Falling Dividend will be alarming to FD holder
TanSri is controlling about 35% TG but another 5.0 bil shares( 65%) are with Retailers( mostly ). As you can see from price, retailers are Very Unforgiving if profit keeps falling...they Run First
OldWiseMan100 @geary You think TG can go up 350% again? You want us to find another company? How about PMetal, Public Bank, Maybank, QL, Pentamaster, Greatec.... 19/11/2021 8:30 PM
Start_0f_the_bull Why not : Genetic Nestle Dutch Lady MPI Vitrox Much better price with more upside. 19/11/2021 8:39 PM
Sustainable earnings growth prospect!? Some are less than #5%; of course younger companies have higher earnings growth!? #12% is the guideline; dividend; bonuses ; n price appreciation on average #10 years!? The crucial points are understanding the business u want to invest n hold!? The second point is how to judge management efficiency!? 50/50!? So u need some historical positive news; unless u have such great foresight!? Millionaire takes lot of patience n days of hardwork; it's like a waves; sustainable EQ needed!? TQ!?
All ikan Bilis Counters with MCA, BN Ceo will jump and Run after Melaka WIN....Raise Fund for GE15.....next 2 weeks Bursa will be swarmed by small Cap Counters going Limit Up
This guy probably needs his eyes checked, he can't identify which is red and which is green. ----------------------------------------------------------------------- SinGor I can hear Ular shaking in "fear" like a RattleSnake...FD rate plunging...No Dividend possible 21/11/2021 8:30 AM
SinGor Coming Qr results are most likely like Super..............RED QoQ and RED YoY 21/11/2021 8:49 AM
SinGor The next move after Qr release will be "Mother of All Fall to 1.50 " 21/11/2021 8:51 AM
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Stockisnotfun
5,143 posts
Posted by Stockisnotfun > 2021-11-19 19:34 | Report Abuse
JPM hip never lies!