Posted by Investoz88 > 2021-12-20 11:44 | Report Abuse

Demands will continue to be high due to the pandemic lasting till at least 2024.
Supplies dropped as more new players and glove companies reduce their big expansion plans.
ASP may move up again instead of dropping due to buyers back to restock like UK recent announcement.
Glove companies will still made a lot of profits for the coming few years ..

Posted by nixonteh85 > 2021-12-20 11:46 | Report Abuse

habis spread scare cerita, now spread fake good news
Gone this counter

Posted by stingray_ea > 2021-12-20 11:49 | Report Abuse

klci today touch high 1502.61----->1493.28 ( -8 points )




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Stock: [TOPGLOV]: TOP GLOVE CORP BHD
Dec 7, 2021 8:58 AM | Report Abuse

70:30 >>>> rm 2 ....

1450 >>> next target ... another 30 points...

===========================================

Posted by FabioDulan > 2021-12-20 11:53 | Report Abuse

AT Systematization unit gets nod to market nitrile gloves in US

https://www.theedgemarkets.com/article/systematization-unit-gets-nod-market-nitrile-gloves-us

Posted by FabioDulan > 2021-12-20 11:53 | Report Abuse

Mah Sing gets clearances to market medical gloves in US market

https://www.thestar.com.my/business/business-news/2021/12/06/mah-sing-gets-clearances-to-market-medical-gloves-in-us-market

Posted by FabioDulan > 2021-12-20 11:54 | Report Abuse

ASX-listed VIP Gloves ramps up production, undeterred by falling glove ASPs

https://www.theedgemarkets.com/article/asxlisted-vip-gloves-ramps-production-undeterred-falling-glove-asps

Posted by FabioDulan > 2021-12-20 11:55 | Report Abuse

Comfort Gloves quarterly net profit declines on two fronts

https://www.theedgemarkets.com/article/comfort-gloves-quarterly-net-profit-declines-two-fronts

Posted by mh87 > 2021-12-20 11:55 | Report Abuse

What i can see is the story of the new variant is SIMILAR to previous story like Delta and etc.

The story line is still the same. We will always see the word 'tough', 'fear', 'worry', 'warn' and etc.

After several days or weeks then we will see the opposite word.


The cycle is keep repeating.

Later when Omicron slowly under control then we would hear about new threat again and again.

Posted by FabioDulan > 2021-12-20 11:55 | Report Abuse

Lower prices, softer demand in coming months to affect Top Glove, says HLIB

https://www.nst.com.my/business/2021/12/751704/lower-prices-softer-demand-coming-months-affect-top-glove-says-hlib

Posted by FabioDulan > 2021-12-20 11:58 | Report Abuse

Top Glove - Weak Start

https://cdn1.i3investor.com/my/files/st88k/7113_TOPGLOV/pt/HLG/7113_TOPGLOV_HLG_2021-12-13_SELL_1.56_TopGloveWeakStart_-1130823012.pdf

Posted by FabioDulan > 2021-12-20 11:58 | Report Abuse

Top Glove Corporation Berhad - FY22: a Gloomy Start

https://cdn1.i3investor.com/my/files/st88k/7113_TOPGLOV/pt/JF%20APEX/7113_TOPGLOV_JF%20APEX_2021-12-13_SELL_1.70_TopGloveCorporationBerhadFY22aGloomyStart_861493013.pdf

Posted by mh87 > 2021-12-20 12:02 | Report Abuse

I think Covid19 is now a normal cycle of fear. Maybe ppl also would just follow the procedure without any extra panic as before.

Since the world has good preparation and experience to face this issue, i do believe that we would see no peoblem. Just a little bit different way.

Need some times to control current situation. Same as before.


We in Malaysia just keep follow the SOP.

Posted by stingray_ea > 2021-12-20 12:21 | Report Abuse

klci 1450 is weak support can not hold selling pressure from glove counters

( full of newly join value investor from other blue chip follow)

so far from stingray_ea point of view, no strong world instrument/index support buying call for glove counter.

do your own study ...

Posted by UlarSawa > 2021-12-20 12:24 | Report Abuse

Still got so high use AT sys and MahSing small kucing kurup gloves maker to compare with Taikor 100bil largest gloves maker in the Globe kah. Pls lah. They make how many billions only. Can produces berapa billions glove leh. Correct?

Posted by Sweetchocalates > 2021-12-20 12:26 | Report Abuse

Oledi said fifo like operator

Posted by UlarSawa > 2021-12-20 12:27 | Report Abuse

Ini tukang tilik rm2.00 pecah only 1.98 lowest leh. Still tilik rm2 00 again kah. Tilik so long already leh. Still havent give up kah. Correct?


stingray_ea klci today touch high 1502.61----->1493.28 ( -8 points )




======================================
Stock: [TOPGLOV]: TOP GLOVE CORP BHD
Dec 7, 2021 8:58 AM | Report Abuse

70:30 >>>> rm 2 ....

1450 >>> next target ... another 30 points...

===========================================
20/12/2021 11:49 AM

Posted by Sweetchocalates > 2021-12-20 12:27 | Report Abuse

Still remember there was someone who said rm 15 lol.

Posted by stingray_ea > 2021-12-20 12:28 | Report Abuse

FA point of view, topglove is weak case. if glove price drop 20% can wipe out entire topglove profit. high risk in asset control ratio

Posted by Sweetchocalates > 2021-12-20 12:29 | Report Abuse

Uncle aunty come in after the omicron news during weekend = exit time.

Posted by oasischeah > 2021-12-20 12:39 | Report Abuse

Push to run strategy. Glove products is well controlled by syndicates coordinating wirh EPF and SS.

Posted by mlike > 2021-12-20 13:06 | Report Abuse

How come! Why why why!!!!!!!!!!

顶级手套手上净现金约为4亿5600万令吉；贺特佳净现金47亿令吉；高产柅品现金约为24亿令吉；速柏玛净现金约为31亿令吉。

Posted by 8899EL8899 > 2021-12-20 13:09 | Report Abuse

start from 1st. januari,2022............. all can do day short on top glove, ...........don`t miss the opportunity, ............ make money,........reward cheap new share at hong kong ipo,.........

Posted by ken2004 > 2021-12-20 13:20 | Report Abuse

Think next year shorting activity will be hit as more fees involved with no cap.....

Posted by 8899EL8899 > 2021-12-20 13:29 | Report Abuse

depleting cash in hand at top glove tell you ,.......need to raise money,........issue new shares,...........share price will go south.

Posted by looiting > 2021-12-20 13:32 | Report Abuse

Shorties won't short TG at such low prices. They already shorted many banking stocks and other high flying stocks. They're ready with short position to protect their long position. That's why IDSS is going to be allowed next year.Gov needs money and the best way is to get them from the market through unfair advantage for the big boys to short first.

Posted by Mabel > 2021-12-20 13:38 | Report Abuse

Haiyaa..Mickey Mouse..

Where is my RM 1.50..

Mabel's Blonde Hair turned White Already waiting for your RM 1.50..

Meow

Posted by jaesoon87 > 2021-12-20 13:49 | Report Abuse

1day show, wait another dump and collect

Posted by henry888 > 2021-12-20 13:51 | Report Abuse

Operator, shorties and big boys pakat, retailers and ikan bilis die. Those are manipulating markets, why SC not catch them????

Posted by henry888 > 2021-12-20 13:53 | Report Abuse

If you see Hongkong, JPM short was caught by big institutions and loss a lot.

Posted by hoot9e996 > 2021-12-20 13:53 | Report Abuse

gone case lah, gloves no more power. just when you thought another glove rally turns out a minor rebound

Posted by henry888 > 2021-12-20 14:13 | Report Abuse

why Bursa keep on renewing RSS, all retailers should boycott those counters with RSS or away from the market.

Posted by 8899EL8899 > 2021-12-20 14:19 | Report Abuse

rubber glove price keep falling to 10 cent each,......... may go down further to 0.5 cent each,.......over supply!

Posted by soon2795 > 2021-12-20 14:29 | Report Abuse

What I fear is that EPF is slowly letting go of this share which you can see this few days. Bear in mind that they still have 490,314,466 shares in TopGlove and if they decide to sell them all off, I expect the price will drop to even further.

Posted by 8899EL8899 > 2021-12-20 14:30 | Report Abuse

rubber glove can`t be keep for a long time,.......... you have to sell it before expire date,........otherwise scrape it.

Posted by ken2004 > 2021-12-20 14:37 | Report Abuse

Actually, the key is the ASP price, so far said currently USD25++, pre-pandemic level is USD21++, so here will the ASP price keep dropping till even lower than pre-pandemic level due to more company, more production?

Posted by ken2004 > 2021-12-20 14:40 | Report Abuse

Cukai makmur might not be real impact to TG I heard as profit heading down as most said plus it is by entity, TG like have a few entity which means each entity need to have profit more than 100 million for 2022....

Posted by weisheng1998 > 2021-12-20 14:42 | Report Abuse

mlike singing I wonder how I wonder why ?

Posted by i3lurker > 2021-12-20 14:45 | Report Abuse

downhill again?

Posted by hoot9e996 > 2021-12-20 14:51 | Report Abuse

semua auntie uncle kena trap again......

Posted by yfchong > 2021-12-20 14:54 | Report Abuse

When EPF going to turn into buyer

Posted by mf > 2021-12-20 14:54 | Report Abuse

Asia

Thailand to consider reinstating mandatory quarantine over Omicron COVID-19 variant
20/12/2021

Posted by mf > 2021-12-20 14:55 | Report Abuse

Singapore

255 new COVID-19 cases in Singapore, including record 67 imported infections
19/12/2021

Posted by mf > 2021-12-20 14:56 | Report Abuse

Sydney shrugs off COVID-19 spike, resists calls to restore tough curbs
20/12/2021

Posted by mf > 2021-12-20 14:59 | Report Abuse

Australia well prepared for mounting COVID-19 cases: Health minister
19/12/2021

Posted by stingray_ea > 2021-12-20 15:05 | Report Abuse

total factories 48, glove price , over expansion ,cost of production increase, low current ratio, low quick ratio......

Posted by mf > 2021-12-20 15:07 | Report Abuse

Sydney shrugs off COVID-19 spike, resists calls to restore tough curbs
2 hours ago

Posted by Ryan83 > 2021-12-20 15:08 | Report Abuse

Stock futures were lower following a losing week as investors continued to grapple with the resurgence of Covid cases and an upcoming shift in the Federal Reserve’s easy monetary policy.

Futures on the Dow Jones Industrial Average dropped 420 points, or 1.19%. S&P 500 futures dipped 1.25% and Nasdaq 100 futures declined 1.24%

Posted by Johnchew5 > 2021-12-20 15:23 |

Post removed.Why?

Posted by Johnchew5 > 2021-12-20 15:24 |

Post removed.Why?

Posted by richman > 2021-12-20 15:27 | Report Abuse

a late rebound today can be expected especially with the infection rate globally increasing