TOP GLOVE CORPORATION BHD

KLSE (MYR): TOPGLOV (7113)

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Last Price

1.01

Today's Change

+0.01 (1.00%)

Day's Change

0.995 - 1.02

Trading Volume

5,533,300


72 people like this.

203,023 comment(s). Last comment by omione 3 minutes ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-14 11:35 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-14 11:38 | Report Abuse

Shortists dare mot to short kah. Why maintain at 2.51% only. If dare to short dont buy back lah. Let it hit 3% lah. Why dilly dally macam sisi ini macam kah. Cepat lah. mau short pun takut kah. LaughdieUlar lah. Correct?

stockraider

31,556 posts

Posted by stockraider > 2021-12-14 11:40 | Report Abuse

Memang betul cakap...if utilisation 55% hold or slow expansion loh!

That means can conserve some of its Rm 3b net cash mah!

But the mainly challenge now is ASP has fallen from USD 67 to current about USD 24 due to competition....how will management will addressed this falling price leh ?


Posted by UlarSawa > Dec 14, 2021 11:35 AM | Report Abuse

You also takda pakai otak one lthink sudah shoot arrow kah. Taikor cakap now 55% utilisation if in 2022 can ram production 80% baru see want to expand capacity leh. Now 55% if increase to 80% also ada grow leh. Capacity all also planning but in reality ada proceed or not must see market and ada fund to expand or not lah. Why cakap ppl lie leh. You meaning Taikor directors tipu kah. Correct?


MiaoMiao7 PBlue…. You think u can lie? Tg expanding? They already say on hold, means no more growth

8899EL8899

2,264 posts

Posted by 8899EL8899 > 2021-12-14 11:47 | Report Abuse

ularsawa bawa kereta besar top glove, .......sedikit minyak........,bawa turun bukit,........jalan kasi licin ,..........banyak syoik !.............banyak pandai !

Johnchew5

11,339 posts

Posted by Johnchew5 > 2021-12-14 11:48 |

Post removed.Why?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2021-12-14 11:50 | Report Abuse

Top Glove said nitrile glove ASP currently stood at between US$25 to US$30 (per thousand gloves) and natural rubber ranging from US$24 to US$36, while powder glove at US$22.

Johnchew5

11,339 posts

Posted by Johnchew5 > 2021-12-14 11:51 |

Post removed.Why?

stockraider

31,556 posts

Posted by stockraider > 2021-12-14 11:52 | Report Abuse

Harga ASP sudah sampah pre-pendemic level mah!

Kim

4,257 posts

Posted by Kim > 2021-12-14 11:54 | Report Abuse

Going to break 2.0
RM1.80 - RM1.50

Johnchew5

11,339 posts

Posted by Johnchew5 > 2021-12-14 11:55 |

Post removed.Why?

onion78

9 posts

Posted by onion78 > 2021-12-14 11:57 | Report Abuse

Selling pressure break to 1.95.

ahbah

6,213 posts

Posted by ahbah > 2021-12-14 11:58 | Report Abuse

© Provided by New Straits Times
KUALA LUMPUR: The days of supernormal profits by Top Glove Corp Bhd seem over.

Analysts attending Top Glove's first quarter results briefing late last week came out expecting huge earnings drop for the year ending August 31 2022 (FY22) and 2023.

They also downgraded the counter as its outlook remained challenging over the near term amid the decline of average selling price and rising competition from Chinese rubber glove manufacturers.

paperplane

21,644 posts

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

all giving TP 1.4-1.6 range. so excited these analyst. When things good say RM6-RM10. no good time say 1.4-1.6

Can you ever trust these TP, hehe

Posted by Mohd Yazid Mohd Ali > 2021-12-14 12:07 | Report Abuse

PN 17 SOON ,SEMUA SUDAH MAMPOS ,NEXT TP .25 cents ,tutup kedai soon kah kah kahhhhh

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

U will lose your pants if u trust all these IBs. At one time they even gave a TP of 110rm for TG n now what kind of TP given.

UlarSawa

35,552 posts

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

Your data mana dapat info taikor mana ada net cash 3bil leh. Blow water kah. Anyway sudah cakap mah
Ilar wtg small kucing kurup gloves makers to close shop mah. Kick out the redundant makers lah. Taikor 100bil capacity anytine can kill them lah. Taikor cost will be lower if increase production utilisation mah. unit cost will be cheaper also leh. You dunno kah. Directir alao calap 55% utilisation unit cost is higher leh. If can ram up higher utilisation with lowwr material costs still can make profit leh. smaller gloves maker mana ada economical of scale to fight Taikor leh. Taikor Setup ada utilise Solar energy aave energy cost also leh. Correct?






tockraider Memang betul cakap...if utilisation 55% hold or slow expansion loh!

That means can conserve some of its Rm 3b net cash mah!

But the mainly challenge now is ASP has fallen from USD 67 to current about USD 24 due to competition....how will management will addressed this falling price leh ?

UlarSawa

35,552 posts

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

What vannot trust at least better than Tukang Tilik in this forum TP less than rm1.00 many leh. Ada 60sen 80sen 85sen 99sen leh. Analists very good lalrrady leh. Correct?



paperplane all giving TP 1.4-1.6 range. so excited these analyst. When things good say RM6-RM10. no good time say 1.4-1.6

Can you ever trust these TP, hehe
14/12/2021 12:02 PM

Johnchew5

11,339 posts

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

Post removed.Why?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2021-12-14 12:16 |

Post removed.Why?

richman

10,110 posts

Posted by richman > 2021-12-14 12:16 | Report Abuse

looks likely a big rebound coming listening to the worrying news on the omricon spread

Armanhashim

1,558 posts

Posted by Armanhashim > 2021-12-14 12:16 | Report Abuse

The safe price to buy is 58 cents..better wait for a while .. early next year look can get this price ..

richman

10,110 posts

Posted by richman > 2021-12-14 12:17 | Report Abuse

markets works on perception so an excuse to push up gloves

richman

10,110 posts

Posted by richman > 2021-12-14 12:20 | Report Abuse

for now those expecting it to get it at lower than $2 is going to disappointed.Market movement now looks likly up than down.no risk no gain you decide

hh223

113 posts

Posted by hh223 > 2021-12-14 12:21 | Report Abuse

relax lah, watch this till the end :
https://youtu.be/Ts_-j77hzBY

Kim

4,257 posts

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

Just a trap to lure you only. Once 2.0 then you know. See today.

Johnchew5

11,339 posts

Posted by Johnchew5 > 2021-12-14 12:23 |

Post removed.Why?

stockraider

31,556 posts

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

One more big down side coming...when Gloves company report their 31st December 2021 result somewhere in feb 2022 loh!

xiaomixiaohai

1,169 posts

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

Ular....does LWC offers u free shares or cash as salary to defend, promote TG and especially carry LWC's balls in i3?

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-14 12:27 |

Post removed.Why?

UlarSawa

35,552 posts

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

Ular sudah cakap mah. Forum too many penkritiks so Ular sude promoters baru balance leh. How much JPM paid you to wear mini skirt jadi Pom Pom Girl leh. So hard working evryday pun cakap Taikor will banklap soon. Sampai now pun belum banklap leh.Even Red QR pun never happen lagi leh. Blow water panlai only leh. Correct?


xiaomixiaohai Ular....does LWC offers u free shares or cash as salary to defend, promote TG and especially carry LWC's balls in i3?
14/12/2021 12:26 PM

xiaomixiaohai

1,169 posts

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

Ular....what is ur rotational shifts daily? Ur adik replying night kah? Lol

xiaomixiaohai

1,169 posts

Posted by xiaomixiaohai > 2021-12-14 12:31 | Report Abuse

Ular....u promote even during public holidays.... that is considered forced labour by TG lah....aiyo lol

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-14 12:31 | Report Abuse

Ular wtg see red QR from many small makers leh. Time to let them know they cannot survive and better close shop leh. Correct?


stockraider One more big down side coming...when Gloves company report their 31st December 2021 result somewhere in feb 2022 loh!
14/12/2021 12:26 PM

Johnchew5

11,339 posts

Posted by Johnchew5 > 2021-12-14 12:33 |

Post removed.Why?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2021-12-14 12:34 |

Post removed.Why?

geary

6,355 posts

Posted by geary > 2021-12-14 12:38 | Report Abuse

UlarSawa What vannot trust at least better than Tukang Tilik in this forum TP less than rm1.00 many leh. Ada 60sen 80sen 85sen 99sen leh. Analists very good lalrrady leh. Correct?

paperplane all giving TP 1.4-1.6 range. so excited these analyst. When things good say RM6-RM10. no good time say 1.4-1.6

Can you ever trust these TP, hehe
14/12/2021 12:02 PM

All these not important; u buy low sell high, very simple, zero down your cost, hold for dividend n other benefits!? So where are those LapSap Dogs target prices!?

xiaomixiaohai

1,169 posts

Posted by xiaomixiaohai > 2021-12-14 12:38 | Report Abuse

Ular use wife punya money play TG kah.... is that why u always mention ur wife? Lol.... eat soft rice kah? Or nasi selipar lol

Kim

4,257 posts

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

If someone keep promoting from topside to bottom side is shameless. Like ask to average down till lose all. No point and nonsense. ride the waves when is good. Admit it when its bad.

pjseow

2,264 posts

Posted by pjseow > 2021-12-14 12:46 | Report Abuse

With Nitrile utilization at 40 to 50 % whole natural rubber glove at 80 % utilization , it is obvious that Topglove had lost Nitrile market shares to Harta , Kossan and Supermx plus others with high Nitrile Capacities and Nitrile Ratios. Topglove has no choice but has to lower the Nitrile price aggressively to recapture lost mkt shares in the last one year.

Posted by weisheng1998 > 2021-12-14 12:49 | Report Abuse

gg bankrupt pecah

geary

6,355 posts

Posted by geary > 2021-12-14 12:51 | Report Abuse

pjseow With Nitrile utilization at 40 to 50 % whole natural rubber glove at 80 % utilization , it is obvious that Topglove had lost Nitrile market shares to Harta , Kossan and Supermx plus others with high Nitrile Capacities and Nitrile Ratios. Topglove has no choice but has to lower the Nitrile price aggressively to recapture lost mkt shares in the last one year.
14/12/2021 12:46 PM

Those companies producing #above #80% of Nitrile glove, at present will have strong challenge from China, but there are many variables to analyse, especially utility, raw materials prices, manpower cost, etc!?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2021-12-14 12:52 |

Post removed.Why?

Legend

4,119 posts

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

Ini Omicron sekejap kuat...sekejap lemah...Ini world media kasi orang susah la.

xiaomixiaohai

1,169 posts

Posted by xiaomixiaohai > 2021-12-14 12:59 | Report Abuse

Ular should be crowned as i3's king of shameless lol

Amazonboy

788 posts

Posted by Amazonboy > 2021-12-14 13:01 | Report Abuse

I buy more...tq shorties...dogs r really man's best friend...Lol

geary

6,355 posts

Posted by geary > 2021-12-14 13:06 | Report Abuse

Amazonboy I buy more...tq shorties...dogs r really man's best friend...Lol
14/12/2021 1:01 PM

Don't feed them free dog food yet; when they are desperate n hungry, they will work very hard, so probably those target prices; coming very soon!?

lawrgan

715 posts

Posted by lawrgan > 2021-12-14 13:06 | Report Abuse

I am buying more too. Thanks for your great job

Johnchew5

11,339 posts

Posted by Johnchew5 > 2021-12-14 13:07 |

Post removed.Why?

Posted by michaelgohmox > 2021-12-14 13:10 | Report Abuse

2.00 should hold leh, don’t hold mai GG see no road

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