TOP GLOVE CORPORATION BHD

KLSE (MYR): TOPGLOV (7113)

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Last Price

1.07

Today's Change

0.00 (0.00%)

Day's Change

1.05 - 1.10

Trading Volume

14,911,000


72 people like this.

203,213 comment(s). Last comment by mf 1 day ago

CoolBull

3,675 posts

Posted by CoolBull > 2021-12-04 11:48 | Report Abuse

If only mask alone is already enough, then no need for distancing loh

CoolBull

3,675 posts

Posted by CoolBull > 2021-12-04 11:49 | Report Abuse

iddi0ts

CoolBull

3,675 posts

Posted by CoolBull > 2021-12-04 11:50 | Report Abuse

iddi0ts will always be iddi0ts

IronShirt

3,178 posts

Posted by IronShirt > 2021-12-04 15:09 | Report Abuse

nowadays even cheap 3ply mask has One layer that is electrostatically deposit non-woven
fibre...virus being extremely light gets attracted by the charges rapidly....the problem is user
usually wash and reuse ( removed the charges ) so it is advisable to use 2 (washed 3ply) once
and throw them away

Brutus

309 posts

Posted by Brutus > 2021-12-04 16:08 | Report Abuse

Anyone here expecting TG to deliver the QR1 results with at least EPS 16 sen after last Q unexpected low EPS? They due to release the Q1 results by next week.

If can get close to 16 sen, can expect 12 sen dividend (matching Kossan).

yfchong

5,863 posts

Posted by yfchong > 2021-12-04 17:39 | Report Abuse

No choice Friday we gather here again to check TG eps..... nothing can chance now..... just wait

JJchan

7,182 posts

Posted by JJchan > 2021-12-04 17:56 | Report Abuse

Qr due 10Dec earnings should be somewhere around last Qr..... my guess 550--700mil..
Bcos CBP released on 10Sept., it is reasonable 2 months of Revenue( from USA) is not
available.----Furthermore ASP is falling 10% per month
Anything below 550mil is a disaster for this Qr ( will attract immediate heavy selling )

JJchan

7,182 posts

Posted by JJchan > 2021-12-04 18:00 | Report Abuse

While TG will grab back market lost to Super in USA----Super will most likely throw price to
grab TG worldwide market----Very interesting scenario next year (almost BollyWood in making )

Posted by Benhobenhobenho > 2021-12-04 20:07 | Report Abuse

Just imagine, this latest variant is 3 times more infectious than Delta. Take care n avoid the crowded places n air cond places like restaurants etc, because one will never know who's going to be the next to be infected.

5231428

610 posts

Posted by 5231428 > 2021-12-04 20:22 | Report Abuse

Looks like there will be a spike in covid cases because sop and PPE not adhered.

5231428

610 posts

Posted by 5231428 > 2021-12-04 20:38 | Report Abuse

But if it mutate to Megatron sure gone case

Posted by VolatileIsMyGold > 2021-12-04 20:43 | Report Abuse

Looks like approaching RM3

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-04 22:05 | Report Abuse

Your banker colleagues predict one or you predict one. Last QR your so called banker colleague presicted at least rm1 bil but out by so much. Then this predicted lower to play safe kah. 550m at least is much higher than JPM one leh. JPM TP whole year pun not 1bil year leh. Tahts why TP 1.50. Correct?



JJchan Qr due 10Dec earnings should be somewhere around last Qr..... my guess 550--700mil..
Bcos CBP released on 10Sept., it is reasonable 2 months of Revenue( from USA) is not
available.----Furthermore ASP is falling 10% per month
Anything below 550mil is a disaster for this Qr ( will attract immediate heavy selling )
04/12/2021 5:56 PM

Posted by Benhobenhobenho > 2021-12-04 22:43 | Report Abuse

It's getting more serious until flights are banned

Rose52

4 posts

Posted by Rose52 > 2021-12-04 22:51 | Report Abuse

Whole world covid omicron spreading fast, for sure ppe demand will shoot up, therefore glove demand will spike up. Monday topglove ready back above RM 3.0

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-04 22:56 | Report Abuse

Whole world pun ada Omicron but so far no death case reported leh. Only cakap infection faster than delta leh. Now still Delta cases the highest leh. maybe Omicron is just a false alarm that the vaccine makers want to find excuses to implement 4th dose leh. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-04 23:06 | Report Abuse

JPM Top macai Talk apa ayam leh. You want Msia or Klang area kena MCO again kah. Very black heart leh. Mau Gloves Makers close shop then who going to pay makmur tax leh. Correct?


IronShirt TG, Super, Harta prepare for Factories Closure in preparing for Omicron invasion into Klang
Valley
04/12/2021 11:07 AM

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-04 23:12 | Report Abuse

Another no common sense one leh. can Supermax seikor fight with Taikor kah. TG capture more Supermax market shares in US Canada and UK where Supermax lose their order in the lucrartive area leh. Ini macam interpret baru betul leh. Taikor ada 100bil pcs capacity can lose to Supermax kah. Mau fight price you think who will win leh. Mana possible lah. You check pre pandemic in 2019 Supermax earned berapa millions only leh. Correct?


JJchan While TG will grab back market lost to Super in USA----Super will most likely throw price to
grab TG worldwide market----Very interesting scenario next year (almost BollyWood in making )
04/12/2021 6:00 PM

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-04 23:21 | Report Abuse

You asking for so much dividend kah. Want 12sen dividend macam too much leh. Last dividend pun only gave 3.8sen plus 1.6 sen special div leh. You must know how to kira leh. 12sen x 8.2bil share need to pay almost rm1bil in cash leh. Possible or not as Normal div policy payout 50% of the earning only leh. Any special div after last one also belum tentu ada leh. As last div was the last one promised by Tan Sri for 2021 only leh After that never mention ada special dividend or not leh. Maybe will revert back to 50% payout policy leh. Correct?


Brutus Anyone here expecting TG to deliver the QR1 results with at least EPS 16 sen after last Q unexpected low EPS? They due to release the Q1 results by next week.

If can get close to 16 sen, can expect 12 sen dividend (matching Kossan).
04/12/2021 4:08 PM

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-04 23:24 | Report Abuse

Why ada megatron later ada bumblebee kah. Correct?

5231428 But if it mutate to Megatron sure gone case
04/12/2021 8:38 PM

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-04 23:36 | Report Abuse

Walao cheap mask made from kakilima one you dare to use kah. Better use Taikor latest improved version mask lah. You google Taikor latest version mask and see why Taikor is so innovative improve the mask with better protection leh. Correct?



https://www.google.com/amp/s/www.nytimes.com/2021/11/30/health/covid-masks-counterfeit-fake.amp.html



Posted by IronShirt > Dec 4, 2021 3:09 PM | Report Abuse

nowadays even cheap 3ply mask has One layer that is electrostatically deposit non-woven
fibre...virus being extremely light gets attracted by the charges rapidly....the problem is user
usually wash and reuse ( removed the charges ) so it is advisable to use 2 (washed 3ply) once
and throw them away

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-04 23:37 | Report Abuse

You must like this tulis leh. One side is Taikor believer and the one one is JPM macai lah. Correct?



Posted by HrryPttr > Dec 4, 2021 11:40 AM | Report Abuse

Over here got 2 type of news. From glove lovers & glover haters. Hahaaaaaaaaa

Posted by AirasiaDialog > 2021-12-05 00:03 | Report Abuse

Inflation is here. ASP also increased significantly.

5231428

610 posts

Posted by 5231428 > 2021-12-05 00:57 | Report Abuse

When all the world leaders say don't panic something is going on behind closed doors.

blackchicken

1,220 posts

Posted by blackchicken > 2021-12-05 08:32 | Report Abuse

Andy Hall's reponse to Xifu's open letter and our correspondences to Credit Suisse

xiaomixiaohai

1,169 posts

Posted by xiaomixiaohai > 2021-12-05 09:19 | Report Abuse

Both US and Malaysia's largest banks.... JP Morgan and Maybank.... issued TP of 1.50 and 1.68 respectively

JP Morgan slashes TP for glove makers to pre-Covid levels, warns market underestimating ASP bottoming risk
https://www.theedgemarkets.com/article/jp-morgan-slashes-target-price-glove-makers-precovid-levels-cites-markets-underestimation

Top Glove - ASP Downtrend to Continue; Downgrade to SELL
https://klse.i3investor.com/servlets/ptres/60839.jsp

xiaomixiaohai

1,169 posts

Posted by xiaomixiaohai > 2021-12-05 09:28 | Report Abuse

Largest banks or small ciput retailers know better?

Legend

4,119 posts

Posted by Legend > 2021-12-05 09:36 |

Post removed.Why?

5231428

610 posts

Posted by 5231428 > 2021-12-05 10:05 | Report Abuse

IBS buying from retailers at dirt cheap price.

RTA09391

269 posts

Posted by RTA09391 > 2021-12-05 10:09 | Report Abuse

January onward EPF will start to collect TG, by 12/2022 TP4.20

5231428

610 posts

Posted by 5231428 > 2021-12-05 10:22 | Report Abuse

Covid coming back with vengeance, beware and stay safe.

looiting

422 posts

Posted by looiting > 2021-12-05 10:51 | Report Abuse

Becareful get trapped by RSS. Fool me once, shame on you. Fool me twice,....

bsinvestor

183 posts

Posted by bsinvestor > 2021-12-05 10:55 | Report Abuse

loot 9 e

5231428

610 posts

Posted by 5231428 > 2021-12-05 10:56 | Report Abuse

Looks like ppl all have been con because vaccines cannot guarantee immunity.

Legend

4,119 posts

Posted by Legend > 2021-12-05 12:08 | Report Abuse

Belum Ada Kematian Membabitkan Varian Omicron

geary

6,366 posts

Posted by geary > 2021-12-05 12:12 | Report Abuse

https://www3.nhk.or.jp/nhkworld/en/news/20211205_01/
OmiCron...OMGOOSH...mutated from its great, great, grandfather!?!?!?

geary

6,366 posts

Posted by geary > 2021-12-05 12:17 | Report Abuse

https://www3.nhk.or.jp/nhkworld/en/news/20211205_11/
Earth isn't happy; Water, Fire, n present Air also not Happy!?
Everywhere we go, our spaces are pulluted n we are scared n worried!?

Mini2021

1,466 posts

Posted by Mini2021 > 2021-12-05 12:20 | Report Abuse

Breaking news highlights: Bengal reports 621 new Covid cases, 11 more deaths
Breaking news updates December 4, 2021: Get latest news, breaking news, latest updates, live news, top headlines, breaking business news and top news of the hour.

Mini2021

1,466 posts

Posted by Mini2021 > 2021-12-05 12:20 | Report Abuse

Coronavirus Highlights: India's Fourth Omicron Case Detected Near Mumbai


Coronavirus Highlights: According to a government note, the patient is a resident of the Kalyan-Dombivali municipal area and had not taken any COVID-19 vaccine.


New Delhi:

A 33-year-old man from Maharashtra who travelled to Mumbai from South Africa via Dubai and Delhi late last month has tested positive for the Omicron variant of the coronavirus, in the fourth such case confirmed in India. According to a government note, the patient is a resident of the Kalyan-Dombivali municipal area and had not taken any COVID-19 vaccine.

India's first two reported 'Omicron' cases were detected in Karnataka. The new strain of the virus has triggered a global alarm with several countries announcing restrictions to arrest the spread of the 'Variant of Concern', declared by the World Health Organisation (WHO).

India also logged a daily spike of 8,603 Covid cases on Saturday, taking the total tally of COVID-19 cases to 3,46,24,360. The country further recorded 415 new deaths, pushing the total death count to 4,70,530.

The active cases increased to 99,974, according to the latest Health Ministry data.

Mini2021

1,466 posts

Posted by Mini2021 > 2021-12-05 12:20 | Report Abuse

Coronavirus digest: German vaccine body says omicron jab update will take 'months'


The head of Germany's top vaccine body has said vaccine manufacturers would likely need a few months before they could create a vaccine for the omicron variant. DW has the latest.

The head of Germany's Standing Committee on Vaccination (StiKo), Thomas Mertens, said he did not expect possible new vaccines against the omicron variant of the coronavirus for months, according to a report on Saturday.

Mertens said it was entirely possible that a new vaccine would be needed to be effective against the omicron variant.

"Omicron has many changes to the spike protein, which could make it harder for antibodies to fight the virus," he told the Düsseldorf-based newspaper Rheinische Post.

"Three to six months is likely to be needed by the manufacturers in the laboratory. That's not trivial — they have to create a vaccine that works against omicron and delta because delta is still widespread," he said.

Mertens also urged people to get booster shots despite a possible new vaccine.

"Boosters are definitely worth it. The fight against the delta variant continues," he said. "And it would be no problem to get revaccinated a few months after the booster vaccination to protect against omicron if necessary." Germany has reported 64,510 new infections in the last 24 hours, while 378 more people died due to the coronavirus, according to the Robert Koch Institute (RKI). The new figures take the country's total cases to more than 6.1 million, with at least 102,946 fatalities.

The seven-day incidence rose slightly to 442.7 from 442.1 the previous day, RKI reported.

Meanwhile, outgoing Chancellor Angela Merkel made what may well be her final appeal for people to get vaccinated, before leaving office.

In a video address Merkel called on Germans to get their vaccinations. “Get vaccinated, no matter whether it's a first vaccination or a booster,'' Merkel said. “Every vaccination helps.”

Merkel also lamented the loss of life as the country recorded another 378 deaths in a 24 hour period. "Every one of them leaves behind families or friends, stunned, speechless and helpless," the outgoing chancellor said. "This is so bitter because it is avoidable. With the effective and safe vaccines, we have the key to this in our hands."

Here are some more coronavirus headlines from around the world:
Europe

Police in Vienna, Austria, said "over 40,000" people took part in demonstrations against government plans to make COVID-19 vaccination mandatory and enforce a partial lockdown until November 22.

Police said the march turned violent when some protesters threw "pyrotechnic objects" at officers, who responded with pepper spray. Police arrested some people for public order offenses.

About 1,500 people held a counterdemonstration against the main protest, police said.

A dentist in Italy who tried to get a vaccination using a fake silicon arm could face criminal charges of fraud, authorities said.

A nurse in the north Italian city of Biella discovered the phony limb as she was about to give the man the injection.

"I understood immediately that the man was trying to avoid the vaccination by using a silicone prosthetic, into which he hoped that I would inject the drug," said the nurse, Filippa Bua.

Italy will require the vaccine pass to enter restaurants, cinemas and theaters from Monday.
Africa

In South Africa the Deputy Health Minister Sibongiseni Dhlomo confirmed that the country was in its fourth wave.

Dhlomo also said that just 2 percent of hospital admissions were among those who had received jabs. "A whopping 98 percent were not vaccinated," he said.

As the country that first identified and alerted the world to the new threat, the next few weeks will be crucial in understanding the level of threat it presents.

While there has been a rise in children being admitted to hospital for COVID-19, an official at one hospital near the capital city Pretoria, said infections have so far been mild.

Its unclear exactly which variant the children are infected with, but its suspected omicron may be driving the country’s fourth wave.

Ntsakisi Maluleke, a public health specialist in the Gauteng province told Reuters news agency that out of 1,511 COVID-19 patients, 113 were under the age of nine, representing a higher proportion than seen in previous waves: "We are comforted by clinicians' reports that the children have mild disease.”

Scientists are still trying to determine what is causing illness in younger age groups.

Mini2021

1,466 posts

Posted by Mini2021 > 2021-12-05 12:21 | Report Abuse

Covid-19 update: 106 new community cases reported in New Zealand today

The number of new Covid-19 cases has risen back into triple figures, with 106 new community cases reported in New Zealand today.In a statement, the Ministry of Health said there were 77 people in hospital with the coronavirus, with seven in intensive care.

There were new cases reported in Northland (3), Auckland (93), Waikato (8), Whanganui (1) and Canterbury (1).

The three new cases in Northland include two who are close contacts of previously reported cases in Kaitaia, and have already been isolating.

The third case is an essential worker based in Whangārei, who regularly travels to Auckland for work. They were picked up through routine surveillance testing.

The eight new cases in Waikato include two in Hamilton, two in Te Kūiti, three in Piopio (near Te Kūiti) and one in Huntly. Seven of the cases have been linked to previous cases.

Whanganui District Health Board confirmed its first case of Covid-19 in the current Delta outbreak last night.

The Ministry said today it appeared the case recently travelled out of the city and is likely to have links to previously reported cases outside the region.

They became symptomatic on Thursday and were tested on Friday before receiving their result yesterday. The person has been isolating in a dedicated community facility.

The Ministry said a number of locations of interest have already been released today and more are expected this afternoon on the Ministry's webpage.

The one new case added to today's tally was revealed yesterday and has been clearly linked to other cases in the Nelson-Tasman area.

The Canterbury DHB said that as soon as the person learned of their contact, they got a test and had been isolating at home since that time.

"The person's prompt actions have reduced the chances of further spread and underline the importance of getting a test immediately if you have been to a location of interest, are identified as a contact or possible contact of a case, or if you have any cold or flu-like symptoms."

Two other cases in Canterbury will be added to tomorrow's tally. They include a young child from the same household as yesterday's case and another close contact of yesterday's case.

There were also two cases in managed isolation reported today, one from Ireland and one from England.

There were 98 new community cases of Covid-19 in New Zealand yesterday, with cases in Auckland, Northland, Waikato, Bay of Plenty, Hawke's Bay, Nelson Tasman and Canterbury. There were 92 new cases on Friday, the first time it was in double digits in more than a month.

There have now been 9037 cases of Covid-19 in the current community outbreak and 11,825 since the pandemic began.

The Ministry said 67 of today's new cases are yet to be linked.
Vaccine update

The Ministry said two DHBs - Auckland and Capital & Coast - have now reached the milestone of 90 percent of their eligible Māori population having had their first vaccination.

"This is closely followed by four other DHBs - Waitemata, MidCentral, Hutt Valley and Wairarapa DHBs, all with eligible Māori population vaccination rates at or above 87 percent for first vaccinations.

"We continue to close in on the 90 percent vaccination milestone with 88 percent of the total eligible population nationwide (aged 12 and over) now fully vaccinated."

There were 26,957 vaccine doses given yesterday: 5636 first doses; 13,998 second doses; 253 third primary doses; and 7070 booster doses.

"If you are not vaccinated, now is the time, as vaccination is number one defence against Covid-19. Your DHB or local health provider will have plenty of opportunities to make this happen."

5231428

610 posts

Posted by 5231428 > 2021-12-05 12:37 | Report Abuse

Covid is going to get worse for sure.

geary

6,366 posts

Posted by geary > 2021-12-05 12:40 | Report Abuse

Charlie Munger;
The Berkshire executive is a long-running critic of cryptocurrencies and told the conference that he wished digital assets had never been invented. "The Chinese made the correct decision, which is to just simply ban them," he said.

"Believe me, the people who are getting in cryptocurrencies are not thinking about the customer, they're thinking about themselves. Just look at them. I wouldn't want any one of them to marry into my family."

Munger said US millennials are "very peculiar: very self-centered and very leftist."
They ain't Happy, with those cash; because they don't have proper EQ; too much IQ is detrimental to have a good relationship, with your spouse, children n friends."

His comments came a month after Berkshire Hathaway's latest earnings revealed its cThash pile hit a new high of $149.2 billion in the third quarter.

Munger said at the conference that sky-high stock prices meant finding good companies to buy was difficult.

"You want companies that have high earnings on capital and have a durable competitive advantage, and if you can add to that they've got a good management instead of a bad one, that's a big plus too," he said, according to the AFR.

"But what you'll find is that the great companies of the world have been discovered. They're very expensive to buy."

xiaomixiaohai

1,169 posts

Posted by xiaomixiaohai > 2021-12-05 12:48 | Report Abuse

Whether u ike it or not.... glovemakers' earnings will plummet which is a sure thing. Glove maniacs are desperately hoping the new Omicron variant will renew a surge of glove craze or demand.... this is not the case. The entire world is flooded with glove supplies. This is logic and understandable. Going forward the soon to be announced quarter result and the subsequent quarters.... u will see a steep declining trend in earnings.

stockraider

31,556 posts

Posted by stockraider > 2021-12-05 12:50 | Report Abuse

Only criminals will find benefit of cryto currency mah!

Ordinary people should just avoid loh!

xiaomixiaohai

1,169 posts

Posted by xiaomixiaohai > 2021-12-05 12:51 | Report Abuse

Share price has been collapsing and both US and Malaysia's largest banks gave super low TP

Both US and Malaysia's largest banks.... JP Morgan and Maybank.... issued TP of 1.50 and 1.68 respectively

JP Morgan slashes TP for glove makers to pre-Covid levels, warns market underestimating ASP bottoming risk
https://www.theedgemarkets.com/article/jp-morgan-slashes-target-price-glove-makers-precovid-levels-cites-markets-underestimation

Top Glove - ASP Downtrend to Continue; Downgrade to SELL
https://klse.i3investor.com/servlets/ptres/60839.jsp

xiaomixiaohai

1,169 posts

Posted by xiaomixiaohai > 2021-12-05 12:52 | Report Abuse

Glove maniacs think they can predict better than both US and Malaysia's largest banks? Laugh die people lah lol

geary

6,366 posts

Posted by geary > 2021-12-05 13:00 | Report Abuse

xiaomixiaohai Share price has been collapsing and both US and Malaysia's largest banks gave super low TP

Both US and Malaysia's largest banks.... JP Morgan and Maybank.... issued TP of 1.50 and 1.68 respectively

JP Morgan slashes TP for glove makers to pre-Covid levels, warns market underestimating ASP bottoming risk
https://www.theedgemarkets.com/article/jp-morgan-slashes-target-price-glove-makers-precovid-levels-cites-markets-underestimation

Top Glove - ASP Downtrend to Continue; Downgrade to SELL
https://klse.i3investor.com/servlets/ptres/60839.jsp
05/12/2021 12:51 PM

Even if those self centred traders bought at #1.50/1.68...they still cannot have huge gains, because they ain't patience enough to sell at higher price, they will sell at #2.00.!?
Many are right here waiting n barking; but at he end of the day; they still win small Money...!?!?!?

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