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

5,534,300


72 people like this.

203,023 comment(s). Last comment by omione 6 minutes ago

Taipan

1,139 posts

Posted by Taipan > 2021-12-14 08:34 | Report Abuse

Top glove next quarter will show a huge leap in their PAT and ASP will now begin to rise once again.

Taipan

1,139 posts

Posted by Taipan > 2021-12-14 08:36 | Report Abuse

Due to the high infection rates, Israel on Sunday put the UK on a red list of countries that Israelis are banned from visiting.

Why is Israel so afraid since most of their population has taken the 3rd dose. ?

Taipan

1,139 posts

Posted by Taipan > 2021-12-14 08:43 | Report Abuse

https://www.cnbc.com/2021/12/09/the-uk-braces-for-1-million-omicron-cases-as-covid-variant-spreads.html?recirc=taboolainternal

HEALTH AND SCIENCE
Rapid infection rate of omicron Covid variant is causing concern, as UK braces for 1 million cases

skcm2017

569 posts

Posted by skcm2017 > 2021-12-14 08:50 | Report Abuse

at two dollars, a real bargaining price, start to accumulate
2 RM & 16.4bil market cap & over 1bil revenue..

LossAversion

1,710 posts

Posted by LossAversion > 2021-12-14 08:50 | Report Abuse

To me at RM2, it is almost like a no-risk long-term investment for a so well-managed company.

Taipan

1,139 posts

Posted by Taipan > 2021-12-14 08:54 | Report Abuse

Due to the high infection rates, Israel on Sunday put the UK on a red list of countries that Israelis are banned from visiting.

Why is Israel so afraid since most of their population has taken the 3rd dose. ?

Posted by lionel messi > 2021-12-14 08:55 | Report Abuse

Not afraid but precaution is better than cure.

Posted by dickfaceinvestor88 > 2021-12-14 08:57 |

Post removed.Why?

richman

10,110 posts

Posted by richman > 2021-12-14 08:58 | Report Abuse

nobodyis really hoping for omricon to become deadlybut the perception now is gloves demand willincrease if there is more cases and pray it is mild

Johnchew5

11,339 posts

Posted by Johnchew5 > 2021-12-14 08:59 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-14 09:00 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-14 09:00 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-14 09:00 |

Post removed.Why?

Posted by MacQteam > 2021-12-14 09:01 | Report Abuse

Will be done this week

Taipan

1,139 posts

Posted by Taipan > 2021-12-14 09:01 | Report Abuse

Booster jabs are the same as 1st and 2nd dose. Its a repeat jab.

feikeiwong

139 posts

Posted by feikeiwong > 2021-12-14 09:02 | Report Abuse

Remember pattern is afternoon always crash one

Johnchew5

11,339 posts

Posted by Johnchew5 > 2021-12-14 09:03 |

Post removed.Why?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2021-12-14 09:06 |

Post removed.Why?

Jack888

855 posts

Posted by Jack888 > 2021-12-14 09:08 | Report Abuse

I want to buy... below 2.00

UlarSawa

35,552 posts

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

shortists takda changed 2.51% only leh. Yrsterday shorted almost 5mil shares but covered back again on the same day. Shortistd macam playing kah. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-14 09:11 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-14 09:11 | Report Abuse

Mana below rm2.00. All blow water can get one. Work harder pls. Correct?

UlarSawa

35,552 posts

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

Lagi so many dreaming 60 80 85 99 1.20 1.50 1.68 1.80 etc etc. Work harder pls. Correct?

Posted by hanafi9670 > 2021-12-14 09:21 | Report Abuse

healthcare theme now rolling...buy before to late

mlike

1,022 posts

Posted by mlike > 2021-12-14 09:21 | Report Abuse

I’m Q to add some at $1.5, but……

Posted by susunennen > 2021-12-14 09:23 | Report Abuse

Better sell before fall back again

Posted by susunennen > 2021-12-14 09:23 | Report Abuse

Took some small profits

alphajack

3,685 posts

Posted by alphajack > 2021-12-14 09:23 | Report Abuse

1.50

hoot9e996

1,813 posts

Posted by hoot9e996 > 2021-12-14 09:24 | Report Abuse

bagi chance lah gloves sector kena WHACK 99 so many people lost, give chance for us retailers to run damn sharks PUMP price up higher

xiaomixiaohai

1,169 posts

Posted by xiaomixiaohai > 2021-12-14 09:26 | Report Abuse

https://www.malaysiakini.com/columns/602794

Malaysia not participating Biden's summit for democracy. Blinken is to arrive in Malaysia. I foresee TG will have more troubles from US side

xiaomixiaohai

1,169 posts

Posted by xiaomixiaohai > 2021-12-14 09:27 | Report Abuse

Foreign and local funds will be shorting and dumping TG shares in no time!

xiaomixiaohai

1,169 posts

Posted by xiaomixiaohai > 2021-12-14 09:29 | Report Abuse

Hishamuddin had called Wang Yi as big brother (mandarin) in press conference before.... Malaysia will lean towards China for sure with the current political top dogs.... If M'sia not kow tow to US.... it will brace for more headwinds.... starting with glovemakers exporting into US lol

i3lurker

13,946 posts

Posted by i3lurker > 2021-12-14 09:29 |

Post removed.Why?

Jack888

855 posts

Posted by Jack888 > 2021-12-14 09:29 | Report Abuse

Harta turn red now...

hoot9e996

1,813 posts

Posted by hoot9e996 > 2021-12-14 09:30 | Report Abuse

same trick so many time, early morning macam YES then afterward RED. tiap tiap kali kena tipu

xiaomixiaohai

1,169 posts

Posted by xiaomixiaohai > 2021-12-14 09:30 | Report Abuse

JPM and US govt are working in cahoot.... will press down TG for sure....

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-14 09:32 |

Post removed.Why?

xiaomixiaohai

1,169 posts

Posted by xiaomixiaohai > 2021-12-14 09:32 | Report Abuse

U want to know how TG will end up? Just see how the bolehland geopolitical diplomacy lah.... most likely will send TG into dustbin

pBlue

803 posts

Posted by pBlue > 2021-12-14 09:33 | Report Abuse

All who wanted to sell already sold.

All who wanted to stay and in it for the long term.

We have looked at China, TG has factory in China. If China is so conducive to Gloves, TG can open more factories in China. TG can follow Wilma.

Gloves are a dead end industry, there is no national future making gloves. Chinese government will put most of its money into high tech. Microchips etc. Even China has finite resources.

Gloves will not surge because market sentiment is 100% against gloves. And even when there was a covid surge in 2021, gloves share prices fell. More people were hospitalized and died in 2021 than 2020, but TG share peaked in October 2020 before the first large covid surge.

So even if there were surges of covid throughout 2022, gloves will remain down, many people share the antiglove sentiment,. However a surge and with CBP ban gone, TG sales will improve and dividend will be good.

This is mainly of interested to people who have decided to become long term investors of TG. The covid pandemic is continuing and TG has reverted to pre-covid prices.

China would be better served donating vaccines which it produces in large quantities and requires significant technical skill, rather than expend its production of low value, large volume item like gloves.



Posted by NatsukoMishima > Dec 14, 2021 8:33 AM | Report Abuse

So whst ? U think glove stock will surge again just because the uk death cases ? USA market already digested the omicron news n no kneel jerking ! Wake up all glove loyalty fans because the main factor to impact malaysia glove stock is China continue throwing price until net loss to control the market n even donate free to poor countries for good relationship !

mlike

1,022 posts

Posted by mlike > 2021-12-14 09:33 | Report Abuse

Look like have chance

xiaomixiaohai

1,169 posts

Posted by xiaomixiaohai > 2021-12-14 09:34 | Report Abuse

Ular....u used to be cheerleading with miniskirts.... had since lost ur skirts and even panties.... soon lelong ur kukubird? Lol

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-14 09:35 | Report Abuse

Mari Mari mari beramai ramai JPM Tiger TA HongLeong dll macai macai work harder pls. Help Ular to renew FD at higher interest rate. Kamsahamnida. Boleh?

mf

28,671 posts

Posted by mf > 2021-12-14 09:36 | Report Abuse

sell

xiaomixiaohai

1,169 posts

Posted by xiaomixiaohai > 2021-12-14 09:36 | Report Abuse

Let's kill it lol

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-14 09:37 |

Post removed.Why?

Posted by susunennen > 2021-12-14 09:40 | Report Abuse

Sellers more than buyers

i3lurker

13,946 posts

Posted by i3lurker > 2021-12-14 09:45 |

Post removed.Why?

stingray_ea

2,765 posts

Posted by stingray_ea > 2021-12-14 09:47 | Report Abuse

pecah 2...

richman

10,110 posts

Posted by richman > 2021-12-14 09:47 | Report Abuse

in India omricon may become a serious pandemic because many not wearing mask because they got vaccinated and think willnot get infected

FabioDulan

245 posts

Posted by FabioDulan > 2021-12-14 09:48 | Report Abuse

Share price now 2.03
NTA 0.86
Short term borrowings 305,551,000
Long term borrowings 133,501,000
Cash 894,949,000

Why cash fallen so much? Where has all cash gone to?

Net assets is worth only 0.86 per share. Now share price is around 2.03 range. Is that not expensive? What if company starts making losses next few quarters?

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