TOP GLOVE CORPORATION BHD

KLSE (MYR): TOPGLOV (7113)

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Last Price

1.00

Today's Change

-0.02 (1.96%)

Day's Change

0.995 - 1.03

Trading Volume

17,791,500


72 people like this.

203,019 comment(s). Last comment by Balian de Ibelin 16 hours ago

IronShirt

3,178 posts

Posted by IronShirt > 2021-12-19 09:01 | Report Abuse

Omicron will create Havoc to TG, Super, Harta factories...Closure or repeat factories Closure, no
body knows. So much Risk involved if you Buy now... I am switching Over to Sin Stocks... for
better protection....Last lockdown, only BAT and BEER counters give Good Dividend and reasonable Return. How long will Omicron last? One year??? I think Institution Buyers are also
running for better Cover under Sin stocks ( December 2021---Jan 2022 ) IB portfolio relocation

IronShirt

3,178 posts

Posted by IronShirt > 2021-12-19 09:29 | Report Abuse

https://www.dailymail.co.uk/news/article-10323143/Covid-Covid-Little-sign-Omicron-fears-Brits-enjoy-night-Christmas.html

UK in LockDown Mood over Omicron ( no christmas for Brits )

8899EL8899

2,264 posts

Posted by 8899EL8899 > 2021-12-19 09:35 | Report Abuse

you all can forget about growth business in rubber glove industry,....... it is sunset business,.......no more killing profit,.........invest in growth business,......company like microsoft, google, apple,oracle,facebook, adobe are more promising,.......... software is the future, limited competition, good profit margin.

8899EL8899

2,264 posts

Posted by 8899EL8899 > 2021-12-19 09:42 | Report Abuse

top grove have another 50% to go south,...... wake up guy!,.......wake up!

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-19 09:56 | Report Abuse

Ya lah. Taikor will banklap lah. Ok or not. Correct?



IronShirt Omicron will create Havoc to TG, Super, Harta factories...Closure or repeat factories Closure, no
body knows. So much Risk involved if you Buy now... I am switching Over to Sin Stocks... for
better protection....Last lockdown, only BAT and BEER counters give Good Dividend and reasonable Return. How long will Omicron last? One year??? I think Institution Buyers are also
running for better Cover under Sin stocks ( December 2021---Jan 2022 ) IB portfolio relocation
19/12/2021 9:01 AM

Abba84

983 posts

Posted by Abba84 > 2021-12-19 09:56 | Report Abuse

....Ppe ,gloves coming back in droves 88 countries were affected b Omicron n soon wil double as in uk, every 3-3 dys.!
To ignore ppe- gloves -demands in this hard tiimes does not augurs wth.reality!

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-19 09:58 |

Post removed.Why?

Abba84

983 posts

Posted by Abba84 > 2021-12-19 10:37 | Report Abuse

Klang flooded areas, report this morning

Among the areas where we received information about flooding are Kampung Perigi Nenas, Pulau Indah, Persiaran Raja Muda Musa, Port Klang Industrial Park, Jalan Perepat, Jalan Pisang and Jalan Tanjung at Kampung Sijangkang, Taman Dato Hormat, Kampung Nelayan and Kampung Idaman at Telok Gong, Jalan Parajurit, Jalan Bandar Lama, Kampung Kereta Api, Jalan Sungai Nangka, Jalan Durian at Kampung Kanchong, Kampung Sungai Pinang, Kampung Johan Setia,Jalan Sungai Air Keroh at Sepang, Kampung Cincang, and Kampung Giching.

"We also received information about fallen trees at Bandar Botanik and Ladang Bukit Tinggi in Kuala Langat," he said.

Posted by NatsukoMishima > 2021-12-19 10:53 | Report Abuse

My fair comment , if really tariff on China gloves then i believe malaysia glove stocks havent die yet n still can goreng !

looiting

421 posts

Posted by looiting > 2021-12-19 10:54 | Report Abuse

I hope it will go below RM2 so I can average down

Johnchew5

11,339 posts

Posted by Johnchew5 > 2021-12-19 12:11 |

Post removed.Why?

geary

6,354 posts

Posted by geary > 2021-12-19 12:18 | Report Abuse

https://www.independent.co.uk/news/covid-uk-cases-omicron-today-latest-b1977832.html

Pandemic created supply n demand imbalanced; Inflation already happening last year; n it's getting worse; it would be like the #70s; where all essential products prices skyrocketed!?

Posted by MorningGlory123 > 2021-12-19 12:40 | Report Abuse

WHO says Omicron in 89 countries and spreading rapidly

The Omicron coronavirus variant has been reported in 89 countries and the number of cases is doubling in 1.5 to three days in areas with community transmission, the World Health Organization (WHO) has said.


https://www.theguardian.com/world/2021/dec/18/who-says-omicron-in-89-countries-and-spreading-rapidly

SinGor

4,874 posts

Posted by SinGor > 2021-12-19 13:34 | Report Abuse

LockDown means less people entering ICU and less Glove usage ( lockdown is Bad for TG )
TG needs someone like Trump....drink clorox and believe Covid is a marketing Hype, more
American dies mean Good biz for UnderTaker...That is the real reason USA need some many
TG Gloves

Ryan83

1,835 posts

Posted by Ryan83 > 2021-12-19 13:44 | Report Abuse

US will not implement total lockdown even new record high daily new cases > 200k-300k and hospital admissions overwhelm all hospitals by mid January after 2 long weekend Christmas and New Year holidays...Gloves stockpiling and huge order replenishment is under way especially US and European countries

geary

6,354 posts

Posted by geary > 2021-12-19 13:47 | Report Abuse

https://sea.mashable.com/life/18635/a-newly-discovered-bacteria-species-has-been-named-after-singapore

Gloves are essentially needed; Handling of mutated new species of pathogens; not only in healthcare!?
Service n Food Industries, E&E industries, Immigration n Checkpoints, plus all checkpoints of entry, n sporting events, etc.

williamh

864 posts

Posted by williamh > 2021-12-19 14:20 | Report Abuse

The more the use of the glove the more the spread,ask yourself did you see people keep changing every time after attending to…can’t imagine people can easily believe that

geary

6,354 posts

Posted by geary > 2021-12-19 14:27 | Report Abuse

Ryan83 US will not implement total lockdown even new record high daily new cases > 200k-300k and hospital admissions overwhelm all hospitals by mid January after 2 long weekend Christmas and New Year holidays...Gloves stockpiling and huge order replenishment is under way especially US and European countries
19/12/2021 1:44 PM

Hehehe!? @2.81...Coming Soon!?

SinGor

4,874 posts

Posted by SinGor > 2021-12-19 14:32 | Report Abuse

I dont know about USA Glove stock pile requirement But i do know from experience, EU Hospital
normal pre pandemic stock pile for Glove is 10 weeks. On top of that Major Distributors has
ready stock for 2 months....Last 2 year nobody knows EU Hospital stock pile....some said more
than 3 months and Distributor might add another 3months....Save to say, Even TG closed down,
EU has Glove for another 6 months. From what i heard US Gov Glove stock pile is 6 months so
if US already self sufficient in manufacturing Glove......Omicron doesnT help TG

geary

6,354 posts

Posted by geary > 2021-12-19 14:43 | Report Abuse

WHO;
Omicron is spreading rapidly in countries with high levels of population immunity, but it is unclear if this is due to the virus’ ability to evade immunity, its inherent increased transmissibility or a combination of both, the WHO said in an update.

The agency designated omicron a variant of concern on Nov. 26, soon after it was first detected, and much is still not known about it, including the severity of the illness it causes.

“There are still limited data on the clinical severity of omicron,” the WHO said. “More data are needed to understand the severity profile and how severity is impacted by vaccination and pre-existing immunity.”

It added, “There are still limited available data, and no peer-reviewed evidence, on vaccine efficacy or effectiveness to date for omicron.”

The WHO warned that with cases rising so rapidly, hospitals could be overwhelmed in some places.

“Hospitalizations in the UK and South Africa continue to rise, and given rapidly increasing case counts, it is possible that many healthcare systems may become quickly overwhelmed.”

Jialat Liao!? Replenishment of gloves n other PPEs; are done #100 days against Inventory!?

SinGor

4,874 posts

Posted by SinGor > 2021-12-19 15:13 | Report Abuse

30,000 TG bangla will be infected in 5 days...2X vaccine Or with 3rd booster shot also No used..
Guarantee factories closure

8899EL8899

2,264 posts

Posted by 8899EL8899 > 2021-12-19 15:23 | Report Abuse

top glove could be the stock that kill you........ slowly,.....softly,........you are not even notice,.......just because you love it so much !...........

skcm2017

569 posts

Posted by skcm2017 > 2021-12-19 15:26 | Report Abuse

Omicron deaths in England rise to seven
The number of deaths in England of people with the Omicron variant has risen to seven, the UK Health Security Agency said, from the previous figure of one

skcm2017

569 posts

Posted by skcm2017 > 2021-12-19 15:28 | Report Abuse

Hahahaha..it doesnt kill..will give you millions.. most people got it from TG and they are having nice holiday now

mh87

3,966 posts

Posted by mh87 > 2021-12-19 16:11 | Report Abuse

UK facing new wave because their sosial SOP is very weak. If u watch EPL also u can see how bad are they. Most of them have no face mask, unvaccinated ppl also can freely go in and out to/from stadium. So no wonder why big wave of Omicron is smashing them.

Posted by David Gunter > 2021-12-19 16:12 | Report Abuse

The days of high glove stock prices is gone. China has increased production to more than 30% global share. Make while you can no RM 6

Posted by Superbull8798 > 2021-12-19 16:24 | Report Abuse

Bad news for glove stock , short selling by PBT release , next year 2022 , More Day Trader will join short selling , glove will plunge like hell

Posted by Superbull8798 > 2021-12-19 16:25 | Report Abuse

Expect KLCI will plunge to 1210 by April 2022 , if global market plunge , TOPGLOVE ,see u at 1.50

i3lurker

13,944 posts

Posted by i3lurker > 2021-12-19 16:30 |

Post removed.Why?

Posted by Superbull8798 > 2021-12-19 16:32 | Report Abuse

Medicine Covid 19 + vacine Covid 19 will kill ASP to original price , soon TOp glove will back to original price , ,see u 1.50 bad news year 2022

Stamp duty effected , cukai makmur , short selling n day trader short sellling release

Year 2022 , bad news more than good news in market

MrsLim

64 posts

Posted by MrsLim > 2021-12-19 17:18 | Report Abuse

Once the brightest start of the Malaysian economy, Malaysia only produces less than 1.5% of total world tin production.

The main reason was due to the total collapse of the world tin industry in October 1985 when the price of tin fell by more than 50%.

Tin production of Malaysia and tin price
Year ___ Production (tonnes) ___ Average Price (RM$/kg)
1970 ___ 73,795 _____________ 10.99
1975 ___ 64,364 _____________ 15.94
1980 ___ 61,404 _____________ 35.72
1985 ___ 36,884 _____________ 29.67
1986 ___ 29,134 _____________ 15.39
1989 ___ 32,034 _____________ 23.09
1990 ___ 28,468 _____________ 16.45
1991 ___ 20,710 _____________ 15.05
1994 ____ 6,458 _____________ 14.14
2000 ____ 6,307 _____________ 20.45
2001 ____ 4,972 _____________ 16.80
2002 ____ 4,215 _____________ 15.44
2003 ____ 3,358 _____________ 18.58


--->>> Prices declining by 50% is bad news

.

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-19 17:38 | Report Abuse

walao JPM n Tiger macai macai so active in the weekend leh. Pukul empty drums very loud leh. So tomolo long or short. Ada good news ada bad news. So follow which one better leh. Ular rileks lagi. Wtg to renew FD at higher interest leh. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-19 17:39 | Report Abuse

Why suddenly talk tin at here. Industrial use copper leh. Sifu teaching see copper price leh. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-19 17:42 | Report Abuse

You lagi bad leh. Cakap next year Taikor insolvent leh. You macam selling snake venom leh. Want to kill Taikor kah. Taikor still selling Gloves in billions per qtr leh. Still profitable leh. Correct?


i3lurker you all so bad

Organised Grimes Macau Scam Groups need more Suiyee Sucker Bilis for mass killings.

already Snakes are desperately posting long irrelevant articles to scroll up negative posts. These are desperate people [facing bankruptcy] you are dealing with.
19/12/2021 4:30 PM

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-19 17:45 | Report Abuse

Msia belum announce lockdown leh. Life still as usual leh. Maybe Flood in Klang may have some effect on Taikor operations only leh. Dunno Taikor factories ada floodded or not leh. Maybe supply chain or road damage only leh. Correct?


SinGor LockDown means less people entering ICU and less Glove usage ( lockdown is Bad for TG )
TG needs someone like Trump....drink clorox and believe Covid is a marketing Hype, more
American dies mean Good biz for UnderTaker...That is the real reason USA need some many
TG Gloves
19/12/2021 1:34 PM

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-19 17:47 |

Post removed.Why?

Abba84

983 posts

Posted by Abba84 > 2021-12-19 17:47 | Report Abuse

Gloves sectors are in the limelight !a as Omicron gain
ground within immunization community!
How is possible omicron able t evade ones body defense .WHO remains puzzle ed!

Omicron is spreading rapidly in countries with high levels of population immunity, but it is unclear if this is due to the virus’ ability to evade immunity, its inherent increased transmissibility or a combination of both, the WHO said in an update.

i3lurker

13,944 posts

Posted by i3lurker > 2021-12-19 18:09 | Report Abuse

MrsLim

Investment Banks says this a typical "Supply Response".
JP Morgan had also recently mentioned a similar supply response on copper.

When a Demand Situation occurs,
investors initiate a Race to Bankruptcy .... "Supply Response"

lamy92

745 posts

Posted by lamy92 > 2021-12-19 18:28 | Report Abuse

All stock glove limit up tomorow..

gohkimhock

3,095 posts

Posted by gohkimhock > 2021-12-19 18:42 | Report Abuse

Gulf bourses all fall on Sunday bcos of Omicron..

MrsLim

64 posts

Posted by MrsLim > 2021-12-19 18:48 | Report Abuse

i3lurker,

I was referring to the tin industry's price dropping by 50% in 1985. And today, China is the biggest producer of tin in the world.

Is there another industry whereby ASP is dropping sharply and China's market share has increased from 16% to 20+% and soon will be the biggest producer?


i3lurker MrsLim

Investment Banks says this a typical "Supply Response".
JP Morgan had also recently mentioned a similar supply response on copper.

When a Demand Situation occurs,
investors initiate a Race to Bankruptcy .... "Supply Response"
19/12/2021 6:09 PM

mh87

3,966 posts

Posted by mh87 > 2021-12-19 19:01 | Report Abuse

I am not suprise if tomorrow all glove stocks super green because of Omicron bad sentiment.

Just dont too excited on the rise because so many ppl got stucked at high.

Surely good for hit and run traders and the shark behind.

mh87

3,966 posts

Posted by mh87 > 2021-12-19 19:08 | Report Abuse

As long as Malaysia no lockdown then okay la. Most Malaysian industries can still running as usual.

If PM announces lockdown then the whole Bursa will collapse badly.

Hope no more round of lockdown in Malaysia.

Johnchew5

11,339 posts

Posted by Johnchew5 > 2021-12-19 19:37 |

Post removed.Why?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2021-12-19 19:39 |

Post removed.Why?

SinGor

4,874 posts

Posted by SinGor > 2021-12-19 20:16 | Report Abuse

Targeted Lockdown is what Khairy ( BN & PH agreement ) intended to Do for Omicron.
Why England has to do with Complete LockDown?? It is Brits attitude. They donT adhere to SOP
like Malaysian or Asian counterparts

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