TOP GLOVE CORPORATION BHD

KLSE (MYR): TOPGLOV (7113)

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Last Price

1.00

Today's Change

0.00 (0.00%)

Day's Change

0.995 - 1.02

Trading Volume

21,005,000


72 people like this.

203,026 comment(s). Last comment by fightingdragons 7 hours ago

HrryPttr

1,975 posts

Posted by HrryPttr > 2021-12-06 09:14 | Report Abuse

Glove continue to drop

xiaomixiaohai

1,169 posts

Posted by xiaomixiaohai > 2021-12-06 09:15 | 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

Damiel

78 posts

Posted by Damiel > 2021-12-06 09:18 | Report Abuse

short againts foreign fund

HrryPttr

1,975 posts

Posted by HrryPttr > 2021-12-06 09:20 | Report Abuse

I predict shorties win this whole week

Posted by watsupking > 2021-12-06 09:25 | Report Abuse

J.P. Morgan also bought gloves stocks become 30 largest holders of top glove

Legend

4,119 posts

Posted by Legend > 2021-12-06 09:27 |

Post removed.Why?

Posted by ChartAnalysis > 2021-12-06 09:32 | Report Abuse

1 day green, 3 days red.

Back to RM2.0 soon

Posted by TheTruthHurt > 2021-12-06 09:33 | Report Abuse

Massive selling everywhere. Not time to be hero....

Investoz88

545 posts

Posted by Investoz88 > 2021-12-06 09:34 | Report Abuse

Wait for Friday results.. believe good news coming.
Hear from company and not seasonal bias analysts.

Investoz88

545 posts

Posted by Investoz88 > 2021-12-06 09:36 | Report Abuse

Friday afternoon limit up to kill all the shorts..
Bought some to enjoy.

RTA09391

269 posts

Posted by RTA09391 > 2021-12-06 09:38 | Report Abuse

Maybank Current Tp through their system still RM3.98

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-06 09:44 | Report Abuse

Dont spam Taikor with your paymaster TP lah. Ular anti JPM rhe most one leh. Ular wtg QR out the decide leh. Need confirmation ftom QR how much Taikor capture back US market leh. This is very important leh. Correct?


IronShirt So it must be True that Ular bought between RM7 and 5 ( almost lost of words ) Everytime when
i question these bought price, she said All sold. ( FD in Singapore) But, but when price keep dropping, she attack me ( for issuing new Tp)....If Ular have NO shares, she should buy me Dinner and shovel me with praise
06/12/2021 8:50 AM

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-06 09:47 | Report Abuse

JPM got update or not. Must pay to check their latest outstanding shares leh. Anyone check or not. Correct?


watsupking J.P. Morgan also bought gloves stocks become 30 largest holders of top glove
06/12/2021 9:25 AM

Investoz88

545 posts

Posted by Investoz88 > 2021-12-06 09:49 | Report Abuse

One analyst mentioned buying started in Q4 at much higher than pre pandemic prices. With higher volume sales, better profits, lower debts and so much cash, dont understand how they can get TP lower??
Kelong analysts..

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-06 09:52 | Report Abuse

Analists are not God leh. They all pun pakai agaktation leh like anyone at here leh. Until today you still believe analists kah. Kena conned not enuf kah. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-06 10:07 | Report Abuse

Finally today closed the bottom gap. Correct?

williamh

864 posts

Posted by williamh > 2021-12-06 10:18 | Report Abuse

Last calling Bat will regain all the lost

8899EL8899

2,264 posts

Posted by 8899EL8899 > 2021-12-06 10:18 | Report Abuse

top glove can forget about ipo in hong kong.......,good technology company like kuaishou also dropping by 60% after ipo,........ what about manufacturing company like top glove with 8bil shares...........

williamh

864 posts

Posted by williamh > 2021-12-06 10:20 | Report Abuse

ASP down thread profit may drop as much as 70%

williamh

864 posts

Posted by williamh > 2021-12-06 10:24 | Report Abuse

Go and check yourself epf sold in strength,don’t try catching the falling knife

Investoz88

545 posts

Posted by Investoz88 > 2021-12-06 10:35 | Report Abuse

Friday.. just 4 days verdict will be out.

xiaomixiaohai

1,169 posts

Posted by xiaomixiaohai > 2021-12-06 10:37 | Report Abuse

That will leave a big gap in the mouth of glove maniacs.... try blowing more virus news....bad karma hitting all glove maniacs....good! lol

Legend

4,119 posts

Posted by Legend > 2021-12-06 10:38 |

Post removed.Why?

feikeiwong

139 posts

Posted by feikeiwong > 2021-12-06 10:39 | Report Abuse

Pattern is same afternoon always drop one. This time will drop more haha

RTA09391

269 posts

Posted by RTA09391 > 2021-12-06 10:43 | Report Abuse

Not only glove counter, majoriti stock was down

Posted by PangPangSai > 2021-12-06 10:49 | Report Abuse

To your failure, mable!

Posted by PangPangSai > 2021-12-06 10:49 | Report Abuse

Laosai pang lol

messi88

522 posts

Posted by messi88 > 2021-12-06 10:49 | Report Abuse

malaysia losing competiton.. ringgit drop like toilet paper liao

titan3322

2,608 posts

Posted by titan3322 > 2021-12-06 11:07 | Report Abuse

Habis !

paktua73

18,275 posts

Posted by paktua73 > 2021-12-06 11:16 |

Post removed.Why?

M2

1,240 posts

Posted by M2 > 2021-12-06 11:18 | Report Abuse

Kangkung123 News, Omicron is spreading fast according to WHO.

Come

1,146 posts

Posted by Come > 2021-12-06 11:22 | Report Abuse

Previously said limit up, now say wait...really funny...

Investoz88

545 posts

Posted by Investoz88 > 2021-12-06 11:23 | Report Abuse

CIMB analyst recently update early Dec..
From our conversation with glovemakers, we gather that demand for healthcare gloves have steadily improved in late 4QCY21F, with distributors turning more active in placing orders for delivery in Dec and beyond.

This was mainly due to a combination of
1) low inventory holding (distributors and end-customers have been cautious in their procurement over the past six months), and
2) stabilisation of ex-factory prices driving improvements to distribution margins.

Demands and ASPs are back.
Friday results will know from TG bosses..

RTA09391

269 posts

Posted by RTA09391 > 2021-12-06 11:23 | Report Abuse

Just small correction only

Legend

4,119 posts

Posted by Legend > 2021-12-06 11:30 |

Post removed.Why?

Posted by hahagogogo > 2021-12-06 11:43 | Report Abuse

HAHAHA, Dow Jones drop, KLCI drop . Dow Jones up , KLCI also drop.

JJchan

7,182 posts

Posted by JJchan > 2021-12-06 12:06 | Report Abuse

According to latest Expert valuation on Omicron, it has Flu DNA. Each of Us has about 50 different
type of FLU virus in our stomach or intestine. Once Omicron attached to our system, our body
Flu Virus will mixed and Dilute Omicron rapidly....50:1....most likely the End of Covid ( live with us
happily together )

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-06 12:10 | Report Abuse

Talk macam expertise also blow water leh. Unless new variant can replace Delta variant first baru talk lah. Why so concern new variant but Delta variant still dominant leh. Fact is delta replaced the others variant and still spreading like wildfire leh. Correct?

Posted by dickfaceinvestor88 > 2021-12-06 12:11 |

Post removed.Why?

Posted by susunennen > 2021-12-06 12:13 | Report Abuse

Never too late to cut loss before sinking further too deep

FabioDulan

245 posts

Posted by FabioDulan > 2021-12-06 12:15 | Report Abuse

Bankrap or bankrupt? How to spell?

Legend

4,119 posts

Posted by Legend > 2021-12-06 12:19 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-06 12:22 | Report Abuse

The most kesian one is supermax lah. rm1.50 very soon lah. All need to wait for Friday Taikor QR to see apa macam lah. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-06 12:24 | Report Abuse

What lah. Spell bankrap pun tak tau kah. Tapi jangan harap Taikor will bankrupt lah. Mau banklap the smaller gloves makers one by one banklap first lah. Smaller gloves makers very soon all will be in red QR kah. See apa macam lah. Even MahSing Gloves still losing money belum earn lagi lah. Correct?


FabioDulan Bankrap or bankrupt? How to spell?
06/12/2021 12:15 PM

Posted by Mohd Yazid Mohd Ali > 2021-12-06 12:29 | Report Abuse

PN 17 VERY SOON RUN FOR YOUR LIFE

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-06 12:30 | Report Abuse

Dont be so sure pN17 soon leh. How soon must cakap leh. Cannot be if Tan Sri still around leh. Correct?


Mohd Yazid Mohd Ali PN 17 VERY SOON RUN FOR YOUR LIFE
06/12/2021 12:29 PM

xiaomixiaohai

1,169 posts

Posted by xiaomixiaohai > 2021-12-06 12:32 | Report Abuse

The glove story is game over loh. EPF is in distress.... EPF still have a whopping 484,853,366 shares to dump! Need 1 whole year to dump to ikan bilis retailers? Depends how quick & dumb are glove maniacs lah lol

Stockisnotfun

5,143 posts

Posted by Stockisnotfun > 2021-12-06 12:33 | Report Abuse

Jpm is working on today

yfchong

5,848 posts

Posted by yfchong > 2021-12-06 12:53 | Report Abuse

All the way down south

Posted by ChartAnalysis > 2021-12-06 13:02 | Report Abuse

Rm2.00 soon
Believe in JP Morgan

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