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

9,086,000


72 people like this.

203,023 comment(s). Last comment by Huangbk72 1 hour ago

SWT1988

1,347 posts

Posted by SWT1988 > 2021-12-13 14:07 | Report Abuse

all started revised Target priced n making sell call. add more oil to current downtrend momentum. very well plan by big dhark

SWT1988

1,347 posts

Posted by SWT1988 > 2021-12-13 14:07 | Report Abuse

sharks

SWT1988

1,347 posts

Posted by SWT1988 > 2021-12-13 14:09 | Report Abuse

last year they team up to goreng n this year team up to crash it.

ahbah

6,213 posts

Posted by ahbah > 2021-12-13 14:14 | Report Abuse

Downgrade to SELL, TP: RM1.56.

Following our earnings revision, our TP on Top Glove is subsequently lowered to RM1.56, representing a PE multiple of 17.3x (at mean of its 5-year pre-pandemic average) on its CY22f EPS of 9.0 sen.

With that, we downgrade our rating on Top Glove to SELL.

Upside risks to our TP and rating includes (i) surge in Omicron cases triggering a spike in glove volumes, (ii) sharp decline in raw material prices, and (iii) substantial depreciation of the Ringgit against USD.


Source: Hong Leong Investment Bank Research - 13 Dec 2021

pBlue

803 posts

Posted by pBlue > 2021-12-13 14:35 | Report Abuse

Covid chaos in South Africa as country finds 19,000 unrecorded cases making a record 37,000 new infections added today and leaving public clueless as to whether Omicron wave has peaked or not – and even the PRESIDENT has tested positive

https://www.dailymail.co.uk/news/article-10302439/Covid-chaos-South-Africa-country-finds-19-000-unrecorded-cases-President-tests-positive.html

Jack888

855 posts

Posted by Jack888 > 2021-12-13 14:40 | Report Abuse

Hope to buy below 2.00

Apastock

148 posts

Posted by Apastock > 2021-12-13 14:41 | Report Abuse

oh. yaka

8899EL8899

2,264 posts

Posted by 8899EL8899 > 2021-12-13 14:47 | Report Abuse

ularsawa driving down hill,.......... banyak jimat minyak,........banyak smart,........... banyak untung lo!

mh87

3,966 posts

Posted by mh87 > 2021-12-13 14:52 | Report Abuse

Now covid19 sentiment is getting weaker.. Market not so worry about Omicron as for now.

xiaomixiaohai

1,169 posts

Posted by xiaomixiaohai > 2021-12-13 14:56 | Report Abuse

Downgraded fair value to 0.80 u will see it becoming penny stock starting when quarter losses announced next

xiaomixiaohai

1,169 posts

Posted by xiaomixiaohai > 2021-12-13 14:57 | Report Abuse

Entire world is super flooded with excessive gloves lol

8899EL8899

2,264 posts

Posted by 8899EL8899 > 2021-12-13 15:03 | Report Abuse

play share market,........never against the wave, ..........ride on wave,.........like surfing.

8899EL8899

2,264 posts

Posted by 8899EL8899 > 2021-12-13 15:05 | Report Abuse

never let the wave crush on you , .......remenber to escape fast...........

Condom004

398 posts

Posted by Condom004 > 2021-12-13 15:07 | Report Abuse

Dun play play...if over supply and Asp drop will be serius senario...like oil and gas

Posted by NatsukoMishima > 2021-12-13 15:10 | Report Abuse

Buy cocoaland divy better than tg lah !

Posted by NatsukoMishima > 2021-12-13 15:10 | Report Abuse

0.82- 1.20

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-13 15:14 | Report Abuse

Of course with your help Ular jimat alot of petrol mah. You make the slope steeper lah. Ular lagi happy lah. Ular wtg to renew FD at higher interest rate mah. Kamsahamnida. Correct?



8899EL8899 ularsawa driving down hill,.......... banyak jimat minyak,........banyak smart,........... banyak untung lo!
13/12/2021 2:47 PM

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-13 15:14 | Report Abuse

You promote cocoapeat for 5 yrs FD . Who want to put FD for 5 yrs so long lah. Correct?


NatsukoMishima Buy cocoaland divy better than tg lah !
13/12/2021 3:10 PM

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-13 15:16 | Report Abuse

You talk ayam lah. You tell YAB Daruk Seri Paktua Red Sea Trooper. He must be laughing at you lah. Correct?


8899EL8899 play share market,........never against the wave, ..........ride on wave,.........like surfing.
13/12/2021 3:03 PM

8899EL8899 never let the wave crush on you , .......remenber to escape fast...........
13/12/2021 3:05 PM

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-13 15:20 | Report Abuse

Talk ayam kah. Many companies defaulting their loans and bonds. Still got so easy to get loan lah. Correct?


IronShirt UlarSawa Next QR will know China makers can make profit or not lah
_________________________________

China Gloves didnT make operating Loss. They Made more than enough to Breakeven.
However start-Up cost them alot money in purchasing raw material ( huge operating Exp. )
and they borrow Heavily to expand far, far more rapidly than Top, Harta and Super Combined.
Huge finance cost drag- down their Profit margin....I think China Glove will be in RED for atleast
2--3 more Qr..........But they are willing to throw price to Capture Worldwide market....
Glove Manufacturing in China enjoys Low financing Cost bcos they are listed as "protected
National Interest Industries" and also get Export Rebate. In Malaysia Glove is listed as Non-Essential Goods.....
13/12/2021 1:48 PM

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-13 15:22 | Report Abuse

You sendiri cakap dont bother to read Ular posts leh. but you replying Ular posts leh. Dont tell Ular you are so damn good not reading Ular post but can reply kah. Talk ayam ni. Correct?


DickyMe "UlarSawa Who say no one bother. Got so many anti Taikor one leh. Including you leh. You pun sama their gang mah. Not true meh. Correct?


DickyMe Actually nobody cares about your reply leh!
13/12/2021 11:18 AM"
===================================

Not true mah. I don't care what you blabber because I know you are paid yapping canine!
You are fond of barking at every "passerbys".

You must be lucky, those "passerbys" are not violent enough to throw stone or stick at you..kikikiki.
13/12/2021 12:39 PM

ahbtzh

272 posts

Posted by ahbtzh > 2021-12-13 15:22 | Report Abuse

some of the malaysian dont even support their own pride, what a shame

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-13 15:23 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-13 15:25 | Report Abuse

Ular Taikor friendly not Tan Sri macai leh. You all JPM n Tiger and many IBs macai leh. Carry their TP post cards flooded tbe forum leh. Correct?


Stockisnotfun Everyone of us here is macai. The non macai one won't even to bother to comment here. Just admit it.
13/12/2021 1:40 PM

ahbtzh

272 posts

Posted by ahbtzh > 2021-12-13 15:26 | Report Abuse

business got up and down...not everyday sunday...as long the company keep growing its fine

fruitcake

822 posts

Posted by fruitcake > 2021-12-13 15:27 | Report Abuse

lelong lelong

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-13 15:29 | Report Abuse

Share price is follow the herd mentality one leh. When ada bad news ppl just throwing dont bother to read the details one leh. QR profit down straight away throwing shares like no tomorrow ini macam leh. Correct?


ahbtzh business got up and down...not everyday sunday...as long the company keep growing its fine
13/12/2021 3:26 PM

UPlanet

1,450 posts

Posted by UPlanet > 2021-12-13 15:38 | Report Abuse

From the observations, yesterday after QR until now, the ppl who’re selling most properly are from the IBs!!! Most retailers still watching and hoping!!! Coz still no panic selling yet!!! But once drastic falling, only panic selling starts, then retailers will only start to sell like no tomorrow!!! History always repeats that way!!! Sigh! Let’s see…

Posted by razifffff82 > 2021-12-13 15:41 | Report Abuse

Only their body lemak get burned when doing overtime

IronShirt

3,178 posts

Posted by IronShirt > 2021-12-13 15:42 | Report Abuse

Ular frantic defense his RM6 investment in TG is all in Vain. From 8:00AM till 11:00PM everyday
(7--11 everyweek) before 1st Coffee already start scolding people giving lower TP than 6

imvu

7,888 posts

Posted by imvu > 2021-12-13 15:43 | Report Abuse

sekarang harga belum keluar dari monthly rsi 30%
tunggu harga keluar dari monthly rsi 30% baru consider nak invest

tahun 202? keluar dari monthly rsi 30% uptrend harga naik
tahun 2020 keluar dari monthly rsi 30% uptrend harga naik
tahun 2017 keluar dari monthly rsi 30% uptrend harga naik
tahun 2015 keluar dari monthly rsi 30% uptrend harga naik
tahun 2011 keluar dari monthly rsi 30% uptrend harga naik
tahun 2009 keluar dari monthly rsi 30% uptrend harga naik

tiap tiap tahun tu setiap kali keluar dari monthly rsi 30% uptrend harga naik tak pernah gagal .

Posted by InsiderShark > 2021-12-13 15:45 | Report Abuse

i really feel sorry for those that kept on averaging down from the peak. i was banned from tg telegram group for telling people not to average down. i wonder what is the situation there, still gila or not. i remember some arguements which doesnt make any sense:

1. RM2billion profit but price so low, it will go up
2. Better than FD
3. TG will become the top500 companies in the world
4. world need more glove, even vaccine time need glove... got meh?
5. TG got FDA approval, new commer cannot get FDA approval so fast... mahsing already got theirs last month.
6. RSS throw price... but price has been falling since august/september 2020, that time dont have RSS also, why drop?
7. Got new virus

Those that predicted the profit will drop already won and was right.

Loh Kok Wai W

3,666 posts

Posted by Loh Kok Wai W > 2021-12-13 15:47 | Report Abuse

Welcome TOP GLOVE...below 2.00......熱烈欢迎 顶级手套 股 跌破 2.00.。。。。。。。。???!!!

Posted by NatsukoMishima > 2021-12-13 15:49 | Report Abuse

Today can see 1.9x already before close market ! Glove stocks just like holding a boom cant sleep every night !

emsvsi

3,517 posts

Posted by emsvsi > 2021-12-13 15:51 | Report Abuse

TAIKOR IS DIVING. CORRECT

masterus

3,593 posts

Posted by masterus > 2021-12-13 15:52 | Report Abuse

US imposes sweeping human rights sanctions on China, Myanmar and North Korea
Daphne Psaledakis, David Brunnstrom & Simon Lewis
/
Reuters

December 11, 2021 11:46 am +08

masterus

3,593 posts

Posted by masterus > 2021-12-13 15:54 | Report Abuse

WASHINGTON: US consumer prices rose last month at a rate not seen in nearly 40 years, the government reported Friday, underscoring how inflation threatens the world's largest economy and President Joe Biden's public support.

The Labor Department's consumer price index (CPI) jumped 6.8 percent compared to November of last year, its biggest gain since June 1982 as prices for gasoline, used cars, rent, food and other goods continued to climb.

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-13 15:58 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-13 15:59 | Report Abuse

Actually is Tan Sri going HK looking for suiyee leh. Not Ular leh. Ular pun takda company so big loke Tan Sri earning in billions one leh. Correct?


i3lurker every Tom, Dick and Ular go to Hongkong looking for Suiyee Sucker Bilis

are there that many there?

:)
13/12/2021 3:56 PM

Loh Kok Wai W

3,666 posts

Posted by Loh Kok Wai W > 2021-12-13 16:00 | Report Abuse

Tan Sri bring money to Hong Kong....hahaha..

IronShirt

3,178 posts

Posted by IronShirt > 2021-12-13 16:02 | Report Abuse

hahaha...thanks i3lurker for updating Ular new Tp 60sens.....wa, wa, wa this snake really
cunning.....anyway so boring here, i think i want to hide in Himalaya Mountain until Super next
Qr results on 29 Jan 2022.....once a while come back to wack snake tail also syiok

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-13 16:05 | Report Abuse

you see lah. Create fake news again. Keep blowwr water lagi kah. Bila Ular ada TP 60sen. Ular all the while carry 27.5sen banner leh. You buta kah. Correct?



IronShirt hahaha...thanks i3lurker for updating Ular new Tp 60sens.....wa, wa, wa this snake really
cunning.....anyway so boring here, i think i want to hide in Himalaya Mountain until Super next
Qr results on 29 Jan 2022.....once a while come back to wack snake tail also syiok
13/12/2021 4:02 PM

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-13 16:07 |

Post removed.Why?

Posted by Catchthewave > 2021-12-13 16:08 | Report Abuse

China cases start to climb

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-13 16:09 | Report Abuse

China cases so few only. How to compare with Taikor USA lah. 50mil cases with 800K death cases. One heaven and one hell different lah. Correct?


Catchthewave China cases start to climb
13/12/2021 4:08 PM

jwyap

838 posts

Posted by jwyap > 2021-12-13 16:10 | Report Abuse

i want to become 500 top world company, now become last 500 low company. haha

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-13 16:11 |

Post removed.Why?

Loh Kok Wai W

3,666 posts

Posted by Loh Kok Wai W > 2021-12-13 16:12 | Report Abuse

Top Glove listing Hong Kong ..it;s TECTIC.....

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