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

11,564,600


72 people like this.

203,024 comment(s). Last comment by KingKKK 1 hour ago

ken2004

1,603 posts

Posted by ken2004 > 2021-12-12 18:20 | Report Abuse

Actually, one question to me will be what is the share price of TG before pre-pandemic?

So,before pre-pandemic time, TG less than 1.50? less than 0.80? else I cannot understand the logic behind all this target price as currently even 1 qtr to 2 qtr still equal to 2019/2018 time full year profit to just 300-450 million.

Currently, TG current qtr already around 200 million, so question mark is 2022, everyone expect TG full year profit to drop back to 400 million?

williamh

864 posts

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

Don’t you know China subsidy all strategic industries,the biggest to deeper get impact

Posted by razifffff82 > 2021-12-12 18:22 | Report Abuse

One thing TG never had before pandemic is the big pile of cash that it has now...

Posted by razifffff82 > 2021-12-12 18:24 | Report Abuse

Cash is the king..with that amount of money it can lower its cost of production or take over other companies so it will has advantage over the others

UPlanet

1,450 posts

Posted by UPlanet > 2021-12-12 18:28 | Report Abuse

CharlesT Current ASP
Nitrile USD25-USD30
Natural USD24-USD26
——————————————-
I believe above this level of price, not only Malaysia, many many China glove manufacturers will close shop too if without China government insensitive!!!
TanSri have make a good moves for regain the market shares, FAST &FURIOUS!!!!!! Really shocked me, the price war hv come in so fast!!! I still thought it will take at least couple of yrs!!! But really surprise me!!! Let’s watch the new episode of Fast &Furious #11, directed by TSLWC!!!!!!

IronShirt

3,178 posts

Posted by IronShirt > 2021-12-12 18:30 | Report Abuse

razifffff82 One thing TG never had before pandemic is the big pile of cash that it has now...
______________________________________

Action speaks louder than words....Why Sell Stock in HK to raise Cash??? Bcos 59 factories
under expansions....One factory average 100m under expansion, already 5.9bil

Johnchew5

11,339 posts

Posted by Johnchew5 > 2021-12-12 18:35 |

Post removed.Why?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2021-12-12 18:38 |

Post removed.Why?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2021-12-12 18:39 |

Post removed.Why?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2021-12-12 18:41 |

Post removed.Why?

UPlanet

1,450 posts

Posted by UPlanet > 2021-12-12 18:45 | Report Abuse

williamh Don’t you know China subsidy all strategic industries,the biggest to deeper get impact
12/12/2021 6:22 PM
——————————————-
That’s absolutely true!!! That’s why many of China glove manufacturers are actually buying from Malaysia, but just make relabelling and claim for the incentives/subsidies!!! So, those ppl claimed China glove manufacturers will threaten Malaysia glove manufacturers really laugh die me!!! Coz i knew some of them for doing this long time ago…. So no way China can take the lead from us la.

Johnchew5

11,339 posts

Posted by Johnchew5 > 2021-12-12 18:46 | Report Abuse

TG is no more cheap labour competitive as cannot bring in foreign worker anymore , is said has recruited 9000 local worker .

UPlanet

1,450 posts

Posted by UPlanet > 2021-12-12 18:47 | Report Abuse

i3lurker there is red and there is red

like I said many times
New producers with fully automated machines are "Mercedes"
Old producers with 20 year machines are 20 years old Kancils

New producers have low unit costs but higher depreciation coz automated machines costs much higher..
—————————————————-
Haha!!! Really impressive guessssss!!! But absolutely NOT TRUE!!!

Johnchew5

11,339 posts

Posted by Johnchew5 > 2021-12-12 18:49 | Report Abuse

CPO theme counter is facing the same issue although is permitted to bring in 32,000 Indonesia worker by Nov to Dec .. as expected now is pop up Minimum Salary issue , RM 1500 vs RM 1200..

Johnchew5

11,339 posts

Posted by Johnchew5 > 2021-12-12 18:51 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-12 18:53 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-12 18:53 | Report Abuse

Even JPM PE 13 also only 71sen leh. Correct?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2021-12-12 18:54 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-12 18:57 | Report Abuse

Blue Sail china gloves maker last QR already red lah. borrowed money from IFC and overly expansion ingat can beat Msia gloves. Next Qtr see Intco result apa macam lah. Correct?



UPlanet williamh Don’t you know China subsidy all strategic industries,the biggest to deeper get impact
12/12/2021 6:22 PM
——————————————-
That’s absolutely true!!! That’s why many of China glove manufacturers are actually buying from Malaysia, but just make relabelling and claim for the incentives/subsidies!!! So, those ppl claimed China glove manufacturers will threaten Malaysia glove manufacturers really laugh die me!!! Coz i knew some of them for doing this long time ago…. So no way China can take the lead from us la.
12/12/2021 6:45 PM

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-12 19:12 |

Post removed.Why?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2021-12-12 19:14 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-12 19:17 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-12 19:19 | Report Abuse

Intco Q3 2021 Result.


Third quarter 2021 results: Revenue: CN¥2.97b (down 34% from 3Q 2020). Net income: CN¥1.06b (down 57% from 3Q 2020). Profit margin: 36% (down from 55% in 3Q 2020). The decrease in margin was driven by lower revenue.

IronShirt

3,178 posts

Posted by IronShirt > 2021-12-12 19:21 | Report Abuse

The Bulk of the selling on Friday could be RSS.....Friday TG (rss) 206,214,225 ( tomolo we will know if it is True ).....As a matter of Fact, all ikan Bilis were Stunt on Friday....Take Ular as example
She was in the Toilet for 2 Hours Or 3 Hours............If total selling is NOT rss, we got more
problem on Monday

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-12 19:26 | Report Abuse

Ular wtg 99 sen leh. Your work harder lah. Help Ular to renew FD at higher interest rate leh. Kamsahamnida. Correct?


IronShirt The Bulk of the selling on Friday could be RSS.....Friday TG (rss) 206,214,225 ( tomolo we will know if it is True ).....As a matter of Fact, all ikan Bilis were Stunt on Friday....Take Ular as example
She was in the Toilet for 2 Hours Or 3 Hours............If total selling is NOT rss, we got more
problem on Monday
12/12/2021 7:21 PM

IronShirt

3,178 posts

Posted by IronShirt > 2021-12-12 19:29 | Report Abuse

I gave 99 sens many days Before Qr results on Friday....atleast i am Honest and Tell the Truth...
If you listen to MQ and JPM, Holland is just 5 metres away

IronShirt

3,178 posts

Posted by IronShirt > 2021-12-12 19:31 | Report Abuse

I repeat many Times, people should Buy me Dinner and Thanks me many, many times IF they
accept my TP 99 sens

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-12 19:32 | Report Abuse

You blow water panlai only leh. 99sen can get meh. If can get Ular sell house also beli lah. Correct?


IronShirt I gave 99 sens many days Before Qr results on Friday....atleast i am Honest and Tell the Truth...
If you listen to MQ and JPM, Holland is just 5 metres away
12/12/2021 7:29 PM

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-12 19:38 |

Post removed.Why?

yfchong

5,848 posts

Posted by yfchong > 2021-12-12 19:38 | Report Abuse

Tomorrow Monday see how the market reacts...........
Not too sure china maker receive the FDA 510(K) approval.. for 2019 2020 n 2021 boh....I cannot check leh

IronShirt

3,178 posts

Posted by IronShirt > 2021-12-12 19:49 | Report Abuse

Ular got No TG shares( that is what she said ) But she was here 9AM till now 8PM to defend
TanSri as-if she had "saiLang" her last underwear...maybe her Dementia is in very advance stage

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-12 19:50 | Report Abuse

ya lah follow you lah. 2022 insolvent lah. Worth 1 sen only lah. Happy or not. Correct?


i3lurker be very careful what you pray for

when 99 sen is the TG shares price, you will refuse to buy it.
12/12/2021 7:38 PM
UlarSawa

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-12 19:53 | Report Abuse

Everytine ular ada update ular FD mah. You never read only. Blow water panlai lah. Ular sudah cakap keep renewing FD at higher interest rate mah.
Now wtg to renew FD at higher ibterest rate. Simple inglish you also cannot understand kah. IQ below 100 ini macam lor. Correct?


IronShirt Ular got No TG shares( that is what she said ) But she was here 9AM till now 8PM to defend
TanSri as-if she had "saiLang" her last underwear...maybe her Dementia is in very advance stage
12/12/2021 7:49 PM

pjseow

2,264 posts

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

Ah Pek Charles T got this info from.a Chinese.Auntie in.fish.market.
--------------------------------
UlarSawa where you get all those ASP. so high leh. Tipu apa lah. Cannot be so high mah. Who believe still have so high price leh. Data source must be from unidentified sources kah. Correct?



Posted by CharlesT > Dec 12, 2021 11:01 AM | Report Abuse

The China ASP

Sep 2021- 51.31 dolllar
Oct 2021 - 53.14 dolllar

Malaysia ASP

Sep 2021 - 74.07 dollar
Oct 2021 - 67.47 dollar

Seeing this price difference n the recent 80% to 90% plunge in profit of CAreplus of Topglove n yet u still wanna buy glove now for long term I trust u must have iron balls.....

Good.

CharlesT

14,886 posts

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

Fly888888 US Market

The China ASP

Sep 2021- 51.31 dolllar
Oct 2021 - 53.14 dolllar

Malaysia ASP

Sep 2021 - 74.07 dollar
Oct 2021 - 67.47 dollar

Do you think that China ASP price will drop 20% like pasar malam around 40 dollar next week month ?
12/12/2021 10:57 AM

Not really fm Chinese.Auntie in.fish.market.

Fm this guy in Kossan's thread...but i dont verify lah..just pinjam only

CharlesT

14,886 posts

Posted by CharlesT > 2021-12-12 20:12 | Report Abuse

Ah Seow Pek, enjoy yr last few days in I3....come chat more

in future if u r too free too boring can eat more pineapples n walk 6000 steps a day like kyy since u cant post yr rubbish prediction on glove anymore....

CharlesT

14,886 posts

Posted by CharlesT > 2021-12-12 20:16 | Report Abuse

Having said so i may miss u also...one less idixt for me to shoot in I3...

But anyway there will always be new idixts in I3

One go another come

8899EL8899

2,264 posts

Posted by 8899EL8899 > 2021-12-12 20:55 | Report Abuse

sell top glove,........ cut lost,.......< abortion>,......... short term pain better than carry their baby,.......long term top glove future not looking good.

BoomBerg

812 posts

Posted by BoomBerg > 2021-12-12 20:56 | Report Abuse

CCB CT black heart kind
God is watching you
Happy to see people lost money
Karma karma

CharlesT

14,886 posts

Posted by CharlesT > 2021-12-12 20:58 | Report Abuse

Happy to see SH BB lose money

CharlesT

14,886 posts

Posted by CharlesT > 2021-12-12 20:58 | Report Abuse

No die also no lan use

BoomBerg

812 posts

Posted by BoomBerg > 2021-12-12 20:59 | Report Abuse

Actual facts among the big 4 TG very much disadvantage
Kossan should be the best

BoomBerg

812 posts

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

SM is cash rich but too many issue
Harta Kossan already lower than pre pandemic price
TG abit high risk bcoz price not back to pre pandemic yet

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-12 21:28 | Report Abuse

yah kah. Kossan only sumkor leh is better than Taikor kah. If better why the price only rm1.75 is below JPM rm2.00 leh. Taikor bettet the price is atill higher than JPM TP rm1.50 mah. Correct?


BoomBerg SM is cash rich but too many issue
Harta Kossan already lower than pre pandemic price
TG abit high risk bcoz price not back to pre pandemic yet
12/12/2021 9:03 PM

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-12 21:32 | Report Abuse

what lah. Supermax promoter and penkritk gaduh gaduh sampai at Taikor forum kah. Supermax down from sumkor to become seikor already leh. Price sudah below rm1.50 very bad leh. Better persuade Datuk Stanley Tahi initiate a merger talk with Taikor Tan Sri lah. Then can save Seikor from getting cheaper and cheaper leh. Seikor merger with Taikor Then Taikor become more strong lah. Correct?

BoomBerg

812 posts

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

Wait won’t be too long JPM tp sure achieved

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-12-12 22:01 | Report Abuse

become BottomMax?
*************
Datuk Stanley Tahi initiate a merger talk with Taikor Tan Sri lah.

BoomBerg

812 posts

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

Why TG RSS the highest almost 3%
Otak udang kah
Only common sense in human brain not shrimp like
Kakaka

BoomBerg

812 posts

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

Why pat from 30 floors can drop so steep to 2nd floor
Think hard and common sense is the answer

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