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 8 hours ago

spider68

460 posts

Posted by spider68 > 2021-12-30 17:16 | Report Abuse

It would appear that: -
Shortsellers are presently in a conundrum: -
1) Not many shares left for them short
2) No more panic sellers
3) KWSP is accumulating again
4) If they start to buy back to cover their positions, the price will inevitably rise.

Ryan83

1,835 posts

Posted by Ryan83 > 2021-12-30 17:23 | Report Abuse

Good news for Malaysia stock market next year!!!!

KUALA LUMPUR (Dec 30): The government will be reinstating the stamp duty cap on contract notes at RM1,000 per contract note, according to a source, marking a change in direction after the previous proposal to remove the cap effective Jan 1, 2022.

The higher rate of 0.15% will however proceed as announced in Budget 2022, compared with the 0.1% rate currently in force, the source said.

geary

6,354 posts

Posted by geary > 2021-12-30 17:26 | Report Abuse

https://www.globenewswire.com/news-release/2021/10/22/2319280/0/en/Global-Nitrile-Gloves-Market-to-Reach-57-1-Billion-by-2026.html
Glove Demand in all industries; Growth is Inevitable;
with or without Pandemic!?
Of course Pandemic created extraordinary demand n profit; because of supply chain disruption!?

Investoz88

545 posts

Posted by Investoz88 > 2021-12-30 17:38 | Report Abuse

GENEVA: The World Health Organisation (WHO) cautioned on Wednesday (Dec 29) that the more transmissible Omicron together with the currently circulating Delta variants might lead to a tsunami of cases, putting immense pressure on national health systems, said Xinhua.

Recapping WHO' s response since the onset of the Covid-19 pandemic, WHO Director-General Tedros Adhanom Ghebreyesus (pic) said at a press briefing that he was highly concerned that Omicron being more transmissible, circulating at the same time as Delta - is leading to a tsunami of cases.

This is and will continue to put immense pressure on exhausted health workers and health systems on the brink of collapse and again disrupting lives and livelihoods, he said, citing the pressure as not only new Covid-19 patients requiring hospitalisation but also a large number of health workers were getting sick themselves.

Tedros reiterated his concern over a recent narrative that Omicron has been causing milder or less severe infections.

But we are undermining the other side at the same time - it could be dangerous... we shouldnt undermine the bad news just focusing on the good news, he said.

We dont want people to be complacent, saying this is not severe, this is mild. And we have to be very careful in that narrative, he said.

According to Mike Ryan, executive director of the WHOs Health Emergencies Programme, though Omicron looks like being more transmissible, having a shorter incubation period, and causing a mild infection, it' s based on the largely young population that the variant has been infecting.

Since the Omicron wave had not been fully established in the broader population, Ryan said he' s a little nervous to make positive predictions until we see how well the vaccine protection is going to work in those older and more vulnerable populations.

I think it' s really important over the coming weeks that we keep suppressing transmission of both variants to the minimum, he added - BERNAMA

geary

6,354 posts

Posted by geary > 2021-12-30 18:16 | Report Abuse

Since the Omicron wave had not been fully established in the broader population, Ryan said he' s a little nervous to make positive predictions until we see how well the vaccine protection is going to work in those older and more vulnerable populations.

Already more than 5M deaths; Still complacent; what to do; if follow China zero tolerance; then only 5K deaths!? All countries lockdown, zero tolerance, then 50K deaths!?
But they want to die faster, can go Kingdom of God!?
On Earth cannot behave properly; then over there sama juga!?
That's why how Ignorance is Humanity!?
More to come lah, invisible viruses can kill millions or billions; what about Nature!?

Posted by Catchthewave > 2021-12-30 18:36 | Report Abuse

Do not get too much excited, after new year then can tell up or down.

looiting

421 posts

Posted by looiting > 2021-12-30 18:37 | Report Abuse

Gloves will not jump up anymore. Those who intend to trade short term will be trapped

mita29

1,064 posts

Posted by mita29 > 2021-12-30 18:41 | Report Abuse

Zzzzzzz lelong lelong https://m.made-in-china.com/hot-china-products/Gloves.html

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-30 18:53 | Report Abuse

Got lelong meh. Not really cheap leh. You know how to compare or not. So many tyoe of gloves leh. Correct?



Posted by mita29 > Dec 30, 2021 6:41 PM | Report Abuse

Zzzzzzz lelong lelong https://m.made-in-china.com/hot-china-products/Gloves.html

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-30 18:55 | Report Abuse

What lah. Of course excited lah. Next year is new year mah. 2021 old year many said Gloves ctr are loser counter leh. Next year belum happen alsp cannot say bad yet mah. Correct?



Posted by Catchthewave > Dec 30, 2021 6:36 PM | Report Abuse

Do not get too much excited, after new year then can tell up or down.

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-30 18:57 | Report Abuse

They not having holiday so good life lah. Most likely tengah cucu rumah lah. They so bad pasti get bad karma lah. Correct?



Posted by lawrgan > Dec 30, 2021 4:57 PM | Report Abuse

Obviously all the Macai and Pom Pom are still having holidays.

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-30 19:03 | Report Abuse

Tomolo is last day of 2021 liao. Hope 2022 not that bad lah. Covid can end or not. Lagi mau extend sampai bila lah. Everything go haywire already leh. More rakyat having mental problem soon leh. Lagi banjir kacau kacau at year end. Rakyat lagi susah leh. 2021 is very bad year leh. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-30 19:08 | Report Abuse

Next year is the year Taikor will show the world what Taikor the largest Gloves maker can do with excess capacity after Gloves price normalised. Can Taikor achieve 80% of the capacity in order to expand further capacity. Lets wait and see lah. Executive Director ada blow water or not we will gauge the outcome every Qtrly lah. Hidup Taikor. Hidup Tan Sri. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-30 19:12 | Report Abuse

Analists TP need to justify Taikor performance also leh. Cannot suka suka change TP every qtrly leh. Ini macam very memalukan leh. Cannot predict correctly dun predict lah. Very irresponsible ini macam leh. Correct?

planta

269 posts

Posted by planta > 2021-12-30 19:16 | Report Abuse

Stockisnotfun I’m waiting your sis or wife to ride on me. I wanna have fun with them!! Honour your words!

lawrgan

715 posts

Posted by lawrgan > 2021-12-30 19:16 | Report Abuse

Taikor does not want to become Glove sector's Dragon Head nia but will become Taikor in Health Care Sector. Believe it or not...up to you. Something BIG in their plan. Memang hebat Taikor. Haha Haha...

mita29

1,064 posts

Posted by mita29 > 2021-12-30 19:54 | Report Abuse

about same lah.. Guess we will have cheap glove thanks to supply from China. https://m.made-in-china.com/product/Wholesale-Powder-Free-Disposable-Examination-Nitrile-Glove-795086932.html

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-30 20:03 | Report Abuse

Small company only kah. capacity berapa only. Quality ada same as Taikor one or not. Mau tutup kedai soon lah. Correct?

Posted by David Gunter > 2021-12-30 20:03 | Report Abuse

So many supporters miss the other stocks

mita29

1,064 posts

Posted by mita29 > 2021-12-30 21:26 | Report Abuse

Ppl also selling Intco glove on Shopee now, it's few dollar cheaper than top glove.

Intco Glove (RM 25.8/100 pcs)
https://shopee.com.my/-FSC--Intco-Medical-Examination-Disposable-Gloves-100pcs--Blue-Color---Size-S-M---Powder-Free--i.747821.8064858502

Top Glove (RM 28.00/100 pcs)
https://shopee.com.my/Top-Glove-Disposable-Nitrile-Gloves--Blue--Powder-Free--100-pcs-per-box--i.242935671.10456222613

No more super expensive glove loh means no more super profit, it's good for consumers btw we should all cheer for cheap gloves.

Ryan83

1,835 posts

Posted by Ryan83 > 2021-12-30 21:50 | Report Abuse

Glove demands definitely increasing starting next month as US and Europe will experience overwhelming hospitalisations coming mid to end January...Glove share price recovery coming soon next year

yingkang87

445 posts

Posted by yingkang87 > 2021-12-30 21:51 | Report Abuse

Tomorrow last day to sapu glove!!!

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-30 22:03 | Report Abuse

China gloves can sell how many in Msia market? Msia market flooded with local brand leh. Taikor branded mah. Taikor sellig to the whole Globe leh. Correct?


mita29 Ppl also selling Intco glove on Shopee now, it's few dollar cheaper than top glove.

Intco Glove (RM 25.8/100 pcs)
https://shopee.com.my/-FSC--Intco-Medical-Examination-Disposable-Gloves-100pcs--Blue-Color---Size-S-M---Powder-Free--i.747821.8064858502

Top Glove (RM 28.00/100 pcs)
https://shopee.com.my/Top-Glove-Disposable-Nitrile-Gloves--Blue--Powder-Free--100-pcs-per-box--i.242935671.10456222613

No more super expensive glove loh means no more super profit, it's good for consumers btw we should all cheer for cheap gloves.
30/12/2021 9:26 PM

onhands

160 posts

Posted by onhands > 2021-12-30 22:25 | Report Abuse

[GOOD NEWS] MOF - Tax Exemption on Foreign Income & Max RM1000 for Bursa Stamp Duty
Author: savemalaysia | Publish date: Thu, 30 Dec 2021, 7:35 PM

Siaran Media MOF - Foreign Income & Bursa Stamp Duty

geary

6,354 posts

Posted by geary > 2021-12-30 22:39 | Report Abuse

https://www.dw.com/en/coronavirus-digest-global-cases-surge-due-to-omicron/a-60284262

There is No Cure! Only treatment!

Posted by PriorityFF88 > 2021-12-30 22:56 | Report Abuse

COVID-19 hospitalization surge among U.S. children spurs new Omicron concerns | Reuters
https://www.reuters.com/world/us/covid-19-hospitalization-surge-among-us-children-spurs-new-omicron-concerns-2021-12-30/

No wonder EPF sapu massively recently

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-30 23:12 |

Post removed.Why?

Ryan83

1,835 posts

Posted by Ryan83 > 2021-12-31 00:12 | Report Abuse

EPF huge buying 6 millions Top Glove shares 27 December looks like another technical strong uptrend coming together with good fundamental s increasing demand of gloves due to twin effects of Delta and Omicron in US and Europe

GrowingRich

2,747 posts

Posted by GrowingRich > 2021-12-31 03:06 | Report Abuse

yep

GrowingRich

2,747 posts

Posted by GrowingRich > 2021-12-31 03:07 | Report Abuse

epf should know well enough what they are doing

Posted by PriorityFF88 > 2021-12-31 07:29 |

Post removed.Why?

Ryan83

1,835 posts

Posted by Ryan83 > 2021-12-31 07:57 | Report Abuse

New York state smashed its single-day COVID case record for the 2nd straight day Thursday, reporting 74,207 positives, an 11% increase over Wednesday's staggering numbers as hospitalizations rise.
Virus hospitalizations are at early February levels and climbing, with NY reporting 7,373 patients as of Thursday, a 9% increase in the last day, and 1,000+ ICU patients for the first time since early March.

JovaneChua

498 posts

Posted by JovaneChua > 2021-12-31 08:25 | Report Abuse

boom, crash

Posted by nasi_liamak > 2021-12-31 08:34 | Report Abuse

Stamp duty increase to 0.15% will affect trading?

Posted by warrenchok90 > 2021-12-31 08:41 | Report Abuse

cap RM1000 still acceptable. RM1.5 every RM1000. better than what announced by government last time.

Posted by warrenchok90 > 2021-12-31 08:42 | Report Abuse

I got no stock in topglove just saw a comment about 0.15% so I reply.

Posted by MorningGlory123 > 2021-12-31 08:48 | Report Abuse

As omicron fuels surge of new cases, Americans face more travel woes and dashed plans

Hospitals, already under strain from covid cases, discourage ER visits for coronavirus tests

Amtrak cancels dozens of trains because of weather, coronavirus cases among workers

CDC warns against taking cruises after 5,000 new coronavirus cases in past 2 weeks



https://www.washingtonpost.com/nation/2021/12/30/covid-omicron-variant-live-updates/

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-12-31 08:52 | Report Abuse

Good news more and more kena covid in US and very soon all will be infected and pandemic will end sooner than expected. Correct?

Posted by BeLikeBuffett > 2021-12-31 08:59 | Report Abuse

The US confirmed new cases reported today are already >600,000 and still rising (yesterday's 484,000 was already a world record)

Posted by dickfaceinvestor88 > 2021-12-31 09:36 |

Post removed.Why?

Up_again

949 posts

Posted by Up_again > 2021-12-31 09:36 | Report Abuse

It’s already a million a day, due to lag in testing
But it won’t drive gloves share price anymore.
Even in Kl, clinics giving booster not using gloves

masterus

3,593 posts

Posted by masterus > 2021-12-31 09:38 | Report Abuse

Stamp duty on contract notes for trading in shares to be capped at RM1,000

skcm2017

569 posts

Posted by skcm2017 > 2021-12-31 09:40 | Report Abuse

Covid 19 World Cases:

+1,305,443 (- 2 Days)
+1,644,114 (- 1 Day)
+1,829,610 (Now-Today) - records again, expected going to be worsen in 2022

Up_again

949 posts

Posted by Up_again > 2021-12-31 09:42 | Report Abuse

Cause only glove fan boys buying and selling among themselves

Investoz88

545 posts

Posted by Investoz88 > 2021-12-31 10:03 | Report Abuse

Netherlands Announces Plan To Give People Up to Six Doses of COVID Vaccine
BY GERRARD KAONGA ON 12/30/21
https://www.newsweek.com/netherlands-vaccination-booster-coronavirus-covid-shot-1664296

Jab until 2023!!!

Investoz88

545 posts

Posted by Investoz88 > 2021-12-31 10:06 | Report Abuse

USA and Europe spike cases and hfully packed ospitalisation will need more gloves...

Ken

678 posts

Posted by Ken > 2021-12-31 10:09 | Report Abuse

Price sure drop due to massive bought by EPF.

Investoz88

545 posts

Posted by Investoz88 > 2021-12-31 10:14 | Report Abuse

US got many unvaccinated people.
Death cases will increase exponentially..
Dont play but pray!

Investoz88

545 posts

Posted by Investoz88 > 2021-12-31 10:16 | Report Abuse

Good to buy on dip..
News will soon be out on the seriousness of Omicron.

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