Posted by haha1234 > 2021-12-11 19:07 | Report Abuse

this average down is good if only u start buying at rm1.5+ i think max also will drop till 0.75 only (worse case)

Posted by JJchan > 2021-12-11 19:17 | Report Abuse

There are so many Oracle making unbelievable predictions, i think Tansri's nuts are now smaller
than Soya Beans

Posted by skcm2017 > 2021-12-11 19:24 | Report Abuse

Seems lately TG business is run by i3investor....pathetic... i don't think it is Soya beams..it is even smaller...

Posted by ken2004 > 2021-12-11 19:47 | Report Abuse

Lol u know what, it sounds like the pandemic crush TG, it make TG become worst than before, TG run out of cash, mismanagement, production line over expanding, sales dropping?

Wow, even TG crush by pandemic then what will happen to those highly impacted by pandemic, all miracle alot of cash, earning alot of big bucks, only TG be in great losses?

LOL

Posted by maggiemee > 2021-12-11 19:52 | Report Abuse

Follow
StockpickyTuk You average as much as you can everything share price drop since end of last year until now. Wahahahaha

Posted by bsinvestor > 2021-12-11 20:32 | Report Abuse

that is where you are wrong. it has been proven many times glovers are wrong. if correct, u won't stuck here right. do not look down at price war. even harta boss cautious about it. who are u to say cannot be? haha.

ken2004 This company cannot be worst than before pre-pandemic, it should be improving to me, so how can some sounds till like this company handing to bankruptcy, till pn17 lol.....
11/12/2021 5:05 PM

Posted by bsinvestor > 2021-12-11 20:33 | Report Abuse

stock market will punish ego and overfident

Posted by i3lurker > 2021-12-11 20:47 | Report Abuse

Yes
You are right.

Gloves are now experiencing a race to bankruptcy production capacity expansion phase.
During this phase, the company with the biggest production capacity expansion plans and the least cash reserves, goes bankrupt first.

However the future is in the hands of management. All is not lost.

What is required now is cash accumulation and a massive cost cutting exercise. Normally the ego of 1 man will prevent this from happening....



Posted by bsinvestor > Dec 11, 2021 8:33 PM | Report Abuse

stock market will punish ego and overfident

Posted by michaelgohmox > 2021-12-11 21:03 | Report Abuse

Those bought at 1.80-2.00 ok lar, those bought at rm8-9/ share good luck GG masuk long kang d
Long kang smell ok ar

Posted by looiting > 2021-12-11 21:16 | Report Abuse

I'll average down below RM2

Posted by DickyMe > 2021-12-11 21:21 | Report Abuse

Predicted RM 4 since last year - ACHIEVED.

Predicted RM 2.50, Achieved on 3/11/2021

Latest prediction

RM 0.80 sen ..let's wait.

Posted by i3lurker > 2021-12-11 21:24 | Report Abuse

Below RM2.00 can come in just 1 day

Averaging down is just pouring good money down longkang to chase bad money that is permanently lost.

Posted by Start_0f_the_bull > 2021-12-11 22:00 | Report Abuse

My prediction 85c is reasonable which is at par with some good penny stocks for now.

Posted by ken2004 > 2021-12-11 22:07 | Report Abuse

bsinvestor that is where you are wrong. it has been proven many times glovers are wrong. if correct, u won't stuck here right. do not look down at price war. even harta boss cautious about it. who are u to say cannot be? haha.

It is not about the stock price merely but the way all out to give false info to me, yes, the price can keep drop based on sentiment but to describe till TG getting worst till even before pre-pandemic, are you sure about that?

Sales been dropping?

Profit earn even lesser than before pre-pandemic?

Top Glove Corporation Bhd’s net profit for the full year ended August 31, 2019 (FY19) fell to RM370.56 million from RM424.36 million in 2018.

This show to us what? Profit is still better than even before pre-pandemic time unless anyone predict in 2022, full year profit will be less RM300 - RM400 million?

Surely, TG already drop from heavenly price with earning declining.

Posted by yfchong > 2021-12-11 22:10 | Report Abuse

sabar be patience... let's celebrate Christmas first will ,I I Christmas liog

Posted by ken2004 > 2021-12-11 22:14 | Report Abuse

For full-financial year 2020, Top Glove's net profit surged to RM1.87 billion from RM364.68 million, while revenue grew to RM7.24 billion from RM4.8 billion in 2019.

So who can keep bullshit us to said that profit drop to even before pre-pandemic?

How can the company be worst than before pre-pandemic?

Don't get me wrong that said this will fly back to pandemic time which cannot be without any ASP increase.

Posted by Investing_Bursa > 2021-12-11 22:14 | Report Abuse

https://www.independent.co.uk/news/covid-omicron-variant-cases-live-vaccines-latest-b1974100.html

Posted by Condom004 > 2021-12-11 22:18 | Report Abuse

Now if do comparing of cash flow between Topglove Kossan Supermax Harta...Cannot deny that Topglove is the worst one

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

Walao here macam ada auction lah. So many autioners at here want to lelong Taikor kah. Macam Taikor sudah banklap ini macam Put Taikor under the hammer. Lagi mau lelong at 80sen lah. 85sen lah. rn1 20 lah. Rm1.50 lah. Rm1 68 lah. rm1.80 lah. Macam macam price pun ada lah.
Pls lah. Lagi ada so many millionaires at here teaching biliionaire Tan Sri how to run Taikor business kah. Are you all qualified or not. You become billionaire dulu baru teach billionaire Tan Sri what to do lah. Company pun takda lagi mau teach Tan Sri how to run Gloves business. Tan Sri must be laughdiehim after he read so many so high ltalk ayam at here lah. Correct?

Posted by i3lurker > 2021-12-11 22:24 |

Post removed.Why?

Posted by Abba84 > 2021-12-11 22:32 | Report Abuse

Could this news on OMICRON development in UK will play into the hands of GLOVES.(bbc,11/December/021
_-------_----_------
The UK is facing a substantial wave of Omicron infections in January without further restrictions, scientists say.

The number of deaths from the variant by the end of April could range from 25,000 to 75,000 depending on how well vaccines perform, they said.

But the experts behind the study said there was still uncertainty around the modelling.

In the worst-case scenario tougher restrictions may be needed to stop hospitals being overwhelmed, they said.

Posted by i3lurker > 2021-12-11 22:34 | Report Abuse

SELL
and dun look back otherwise you will turn into a pillar of salt......

SELL SIGNALs from clones about coming ham ka charn, next change is very strong....

=> clones claim that if you dun sell, you will become ham ka charn


Posted by Condom004 > Dec 11, 2021 10:18 PM | Report Abuse

Now if do comparing of cash flow between Topglove Kossan Supermax Harta...Cannot deny that Topglove is the worst one

Posted by i3lurker > 2021-12-11 22:41 | Report Abuse

:)

You are super observant!!
You will do well in share market.



Posted by Condom004 > Dec 11, 2021 10:32 PM | Report Abuse

Taiko of any sector is the most danger ..we see history etc oil sector siapa taiko dulu?Skpetro that now call Saprg; Furniture line dulu taiko is Lattitud;the share price drop super fast

Posted by Condom004 > 2021-12-11 22:45 | Report Abuse

If Topglove say ASP drop so QR EPS drop a lot...then how come Supermax and kossan latest QR that eps still can earn 24.69 and 20.46!! Topglove cash flow suddenly reduce so much...

Posted by UlarSawa > 2021-12-11 22:51 | Report Abuse

What lah another so high use janda sapura to compare with Taikor. Itu King Shahril enriched himself leh. Most highly paid executive in bursa leh. Tan Sri more humble take very little pay amd benefit and willing to share with dividend lah. Win Win lah. Good time Tan Sri share the profit. Bad time Tan Sri pun share the profit leh. Thats why divvy policy 50% of the profit generated leh. Itu Janda sapura hutang puluha billions leh. Taikor cash more than debt wirh net cash 1 billion leh. Mau tau compare apple with apple leh. You compare apple with rotten orange mana boleh ini macam lah. Correct?

Posted by UlarSawa > 2021-12-11 22:56 |

Post removed.Why?

Posted by i3lurker > 2021-12-11 22:58 | Report Abuse

TG net cash can only last 6 months

furthermore another RM1 Billion already contracted to pay.
RM1 Billion is confirmed liability not shown in current liabilities, off the books today.

another 6 months => TG insolvent, where got money to pay dividends?, share apa itu?

Posted by 8899EL8899 > 2021-12-11 23:03 | Report Abuse

big noise not over yet, look like a lot of people losing money top glove,........can ularsawa ask TAN SRI to buy up share in top glove,..........stop bleeding,...........

Posted by UlarSawa > 2021-12-11 23:05 | Report Abuse

Use common sense sikit leh. Taikor QR ahead of them by 2 mths lah. Their QR Jul to Sept. Taikor QR Sept to Nov lah. Taikor QR covered Oct and Nov months leh. Their next qtr Oct to Dec you see got drop or not lah. Especially Supermax cannot export to US Canada and maybe UK also banned leh. Worst is Supermax after kena accused using forced labour leh. Correct?


Condom004 If Topglove say ASP drop so QR EPS drop a lot...then how come Supermax and kossan latest QR that eps still can earn 24.69 and 20.46!! Topglove cash flow suddenly reduce so much...
11/12/2021 10:45 PM

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

Wait for AGM to approve SBB lah. Tan Sri also know cannot fight Shortists head on lah. Must use new strategy lah. What for Tan Sri enrich shortists to buy at higher price againah. Tan Sri learnt the lesso. already mah. Still repeating the same mistake kah. Once bitten twice shy mah. Even want to buy also must buy at lowest as possible lah. Correct?


8899EL8899 big noise not over yet, look like a lot of people losing money top glove,........can ularsawa ask TAN SRI to buy up share in top glove,..........stop bleeding,...........
11/12/2021 11:03 PM

Posted by UlarSawa > 2021-12-11 23:12 |

Post removed.Why?

Posted by whocare1982 > 2021-12-11 23:20 | Report Abuse

https://youtu.be/jwh_V_irt-c
(马股)解说顶级手套最新业绩汇报Part 2!

Posted by i3lurker > 2021-12-11 23:26 | Report Abuse

pure Kindergarden maths

3.45 - 1.5 - 0.2 => 1.75

1.7 + 1 + 0.1 => 2.8

waloaer

current liabilities exceeds current assets by RM1 Billion

mana ada dividend?

will be jail term for BOD is dividends are paid

Posted by StartOfTheBull > 2021-12-11 23:57 | Report Abuse

Difficult time ahead for gloves.

Posted by mita29 > 2021-12-12 00:15 | Report Abuse

Current assets: 3.45 B
Current Liabilities: 1.7 B
Therefore Net current assets: 1.75 B (or current ratio =2)
Quick ratio: 2.45/1.7B > 1

Top glove should have zero issue settling short term debt. Stop spreading FUD lah.
I don't own any glove but i3 shouldn't be a place for short sellers to spread misinformation!

Posted by i3lurker > 2021-12-12 00:41 | Report Abuse

forensic accounting are useless coz it examines dead bodies
forensic accounting assumes that every transaction tomorrow will be exactly the same as yesterday.

if that is the case TG shares will be selling at RM17.00 on monday.
=> please do check up on TG price on monday

the idea of future accounting is being able to see what the future transactions will be.

This came in very useful for Serba

Monte Carlo simulations to run 200,000 balance sheets and 200,000 Income Statements for the future next 6 months will tell you what you really need to know.

and the future ... it ain't pretty

please do continue to look at dead data if that makes you happy.....

Posted by i3lurker > 2021-12-12 00:43 |

Post removed.Why?

Posted by i3lurker > 2021-12-12 00:54 |

Post removed.Why?

Posted by i3lurker > 2021-12-12 00:59 |

Post removed.Why?

Posted by Kim > 2021-12-12 02:53 | Report Abuse

mita29 Current assets: 3.45 B
Current Liabilities: 1.7 B
Therefore Net current assets: 1.75 B (or current ratio =2)
Quick ratio: 2.45/1.7B > 1

Top glove should have zero issue settling short term debt. Stop spreading FUD lah.
I don't own any glove but i3 shouldn't be a place for short sellers to spread misinformation!

12/12/2021 12:15 AM


"The great numbers not promises for success. Also Don’t promise when you’re happy. Don’t reply when you’re angry and don’t decide when you’re sad.” - Kim

My 2c. It's already GO.

Posted by yfchong > 2021-12-12 08:28 | Report Abuse

Good morning all. This Q TG shows it north America sales stands at 7% of its pie.. This figures will improve gradually....... loh time is the medicine now

Posted by Loh Kok Wai W > 2021-12-12 09:00 | Report Abuse

next week open market for glove counter...any rebound is sell.....

Posted by pang72 > 2021-12-12 09:04 | Report Abuse

My best stock...
Why leh like this.... Adui...

Posted by i3lurker > 2021-12-12 09:09 |

Post removed.Why?

Posted by SWT1988 > 2021-12-12 09:28 | Report Abuse

next week TG might down to my target price. can start collecting oredi. will buy as long they continuous making money.

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

https://www.google.com/amp/s/www.dailymail.co.uk/news/article-10299101/amp/Covid-19-UK-come-contact-Omicron-unless-youre-hermit-expert-warns.html

Posted by i3lurker > 2021-12-12 09:47 |

Post removed.Why?

Posted by i3lurker > 2021-12-12 09:51 |

Post removed.Why?

Posted by michaelgohmox > 2021-12-12 09:58 | Report Abuse

All say average down buy more, actually all of us inside longkang trying to swim out of it…… but goes deeper and deeper into sewage water Indah water d
Wkwkwkwkwkwkwkwk

Posted by gemfinder > 2021-12-12 10:07 |

Post removed.Why?