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.

203,015 comment(s). Last comment by Income 3 hours ago

GlovesOff

2,499 posts

Posted by GlovesOff > 2022-02-22 21:41 | Report Abuse

Ppl aim 10-20c up peculiar Ular only aim 1-2c dont pecah 2.00 hahaha so low standards

Posted by NatsukoMishima > 2022-02-22 21:53 | Report Abuse

If tg also double digit million only then it s 100% China glove net loss strategy already successful hit Malaysia glove with damn cheap price !

lawrgan

715 posts

Posted by lawrgan > 2022-02-22 22:46 | Report Abuse

Supermax result was badly affected because of US custom ban and partly because of Taikor has gain backi its market shares.The rest of the top three manufacturers are beneficial. Cheers to Taikor, Yeekor and Samkor

lawrgan

715 posts

Posted by lawrgan > 2022-02-22 22:47 | Report Abuse

Dragon head status remained.

lawrgan

715 posts

Posted by lawrgan > 2022-02-22 22:48 | Report Abuse

Taikor is making a big comeback

Posted by Jonathan Keung > 2022-02-22 22:55 | Report Abuse

Well run company but hammer down by all the negative news { IB research } and competition from new start ups

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-02-22 22:56 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-02-22 23:01 | Report Abuse

You should say this at karex forum more appropriate lah. Karex sell condom still losing money last Qtr leh. Taikor still making hundred of million last Qtr leh. Maybe Taikor condom caused karex losing money pun belum tau leh. Correct?


Posted by michaelgohmox > Feb 22, 2022 9:22 PM | Report Abuse

Condom division to put on ah lim head

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-02-22 23:04 | Report Abuse

Dont look down on Msia gloves industry leh. Msia still the world largest gloves suppliers with Taikor the as the dragonhead leh. You macam more like pro china ini macam leh. Where got rakyat Msia so pro china companies and hantam Msia companies macam penkianat only leh. Correct?



Posted by NatsukoMishima > Feb 22, 2022 9:53 PM | Report Abuse

If tg also double digit million only then it s 100% China glove net loss strategy already successful hit Malaysia glove with damn cheap price !

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-02-22 23:06 | Report Abuse

Itu old story still ada orang dig it and cerita lagi in 2022 kah. Macam pun another history teacher teaching 2 yrs history only leh. Ular sydah cakap mah. Mau jadi history teacher must teach history from IPO time lah. Ini baru good history teacher mah. Correct?



Posted by michaelgohmox > Feb 22, 2022 9:03 PM | Report Abuse

Wah in 2020 many glove lovers even with vaccine say rm30.00 ….. now rm2.00 cannot hold

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-02-22 23:18 | Report Abuse

You dunno Taikor ada plantation or not kah. Taikor ada rubber plantation lah. Also kira plantation leh. You pun dunno and never know how Tan Sri started Glove manufacturing from rubber plantation first kah. Taikor ada invested in rubber plantation in Cambodia last 10 years news only lah. Taikor ada latex plant in Thailand also leh. You dunno kah. Then must read more sikit lah. Correct?





Posted by mh87 > Feb 22, 2022 9:17 PM | Report Abuse

100% glove companies QR are showing so much reduction in profit SO FAR.

The conclusion is most of them are facing reduction in profit.

Only one out of 4 big glove Co still pending QR which is TG.

Actually very easy to predict the real picture of TG QR.

Unless TG has plantation division.



CAMBODIA/MALAYSIA: Top Glove to invest RM160 million in Cambodian rubber plantation
Top Glove Corp Bhd, the world's largest rubber glove manufacturer, is investing RM160 million in Cambodia to plant rubber trees to reduce its dependency on latex which is bought at market prices.

Chairman Tan Sri Lim Wee Chai said in Kuala Lumpur on 11 Jan. 2011 that the company was targetting to obtain 20% of its latex requirement from the plantation over time.

"We have about 8,000 ha of net plantable land for rubber trees,” he said at a briefing for analysts and reporters on Top Glove's first quarter results ended 30 Nov. 2010.

mh87

3,966 posts

Posted by mh87 > 2022-02-22 23:38 | Report Abuse

@Ularsawa.

Hahaha.. Rubber plantation news on 10 years ago.. You are so funny la Ular.

That rubber plantation is for their production purpose la.

What I am talking about here is oil palm plantation. Because oil palm price is uptrending now.

GlovesOff

2,499 posts

Posted by GlovesOff > 2022-02-22 23:46 | Report Abuse

Ular worth it meh 24/7 "referee" .. just so (1-2c) not up but DOWN hahahaha

mh87

3,966 posts

Posted by mh87 > 2022-02-22 23:49 | Report Abuse

That rubber plantation is not source of their revenue. Just source of their raw material in order to reduce cost.

Ular oh Ular..

GlovesOff

2,499 posts

Posted by GlovesOff > 2022-02-22 23:53 | Report Abuse

Hahaha otak cacing jus bring out 2010 news hahaha

mf

28,636 posts

Posted by mf > 2022-02-23 04:53 | Report Abuse

Dow Jones 33,532.879 -546.30 1.60%
Nasdaq 13,360.04 -188.026 1.39%

Posted by michaelgohmox > 2022-02-23 06:13 | Report Abuse

Ok lar drop 80% only, still have 20%
Cannot be drop 90% mar……. But the stock will sleep for 100 years ………

yfchong

5,847 posts

Posted by yfchong > 2022-02-23 07:29 | Report Abuse

Waiting coming Q

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-02-23 08:33 | Report Abuse

History teacher still teaching 2 yrs history kah. Must teach history from IPO lah. From IPO until now still worth more than Rm100 lah. Correct?


michaelgohmox Ok lar drop 80% only, still have 20%
Cannot be drop 90% mar……. But the stock will sleep for 100 years ………
23/02/2022 6:13 AM

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-02-23 08:38 | Report Abuse

You talk about plantation leh. Ular cakap rubber plantation is also plantation leh. Not wrong mah. Taikor ada plantation also mah. Now you talk oil palm plantation kah. Not all ada oil palm plantation crrs ada move up also even CPO above rm5000 leh. Companies likeatang rsawit tdm also ada oil palm plantation pun tak nampak saham naik alot leh. But plantation company like KLK pun ada join glove making as a late comer leh. They are spending rm200 to start glove production in Perak leh. End of this month start production leh. Dunno when can breakeven pun tak tau lah. Mau tutup ship kah. Correct?



mh87 @Ularsawa.

Hahaha.. Rubber plantation news on 10 years ago.. You are so funny la Ular.

That rubber plantation is for their production purpose la.

What I am talking about here is oil palm plantation. Because oil palm price is uptrending now.
22/02/2022 11:38 PM

Mikecyc

45,527 posts

Posted by Mikecyc > 2022-02-23 08:39 |

Post removed.Why?

Posted by EatCoconutCanWin > 2022-02-23 08:39 | Report Abuse

possible to hit 1.50? a bit scary..

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-02-23 08:40 |

Post removed.Why?

GlovesOff

2,499 posts

Posted by GlovesOff > 2022-02-23 08:42 | Report Abuse

I think ular bangla tap rubber for 10 years also won't breakeven at 4.90 hahaha

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-02-23 08:43 |

Post removed.Why?

GlovesOff

2,499 posts

Posted by GlovesOff > 2022-02-23 08:43 | Report Abuse

4.90 per hour got la haha

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-02-23 08:44 | Report Abuse

As usual the JPM postman post DJI red again. Why no post EPF selling saham kah. Correct?



mf Dow Jones 33,532.879 -546.30 1.60%
Nasdaq 13,360.04 -188.026 1.39%
23/02/2022 4:53 AM

Mikecyc

45,527 posts

Posted by Mikecyc > 2022-02-23 08:44 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2022-02-23 08:49 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2022-02-23 08:53 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2022-02-23 08:54 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2022-02-23 08:56 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-02-23 08:58 | Report Abuse

rm4.90 per hour. Better than JPM n Tiger macai dapat rm2.00 pre hour leh. Correct?


GlovesOff 4.90 per hour got la haha
23/02/2022 8:43 AM

Mikecyc

45,527 posts

Posted by Mikecyc > 2022-02-23 08:58 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2022-02-23 08:59 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2022-02-23 09:17 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2022-02-23 09:20 |

Post removed.Why?

stingray_ea

2,765 posts

Posted by stingray_ea > 2022-02-23 09:22 | Report Abuse

Stock: [TOPGLOV]: TOP GLOVE CORP BHD
Nov 9, 2021 9:47 AM | Report Abuse

1.xx


Stock: [TOPGLOV]: TOP GLOVE CORP BHD
Oct 4, 2021 3:05 PM | Report Abuse

5...4...3.... 2... 1



Stock: [TOPGLOV]: TOP GLOVE CORP BHD
Nov 9, 2021 9:40 AM | Report Abuse

Next. Topglove target is 1.xx


Stock: [TOPGLOV]: TOP GLOVE CORP BHD
Oct 6, 2021 11:19 AM | Report Abuse

70:30 break ==> 2.50


Stock: [HARTA]: HARTALEGA HOLDINGS BHD
Nov 2, 2021 5:58 PM | Report Abuse

harta price is the highest among glove all klcii counter but Harta score is not
the best in term of value investing for glove industry.


Stock: [HARTA]: HARTALEGA HOLDINGS BHD
Nov 2, 2021 5:39 PM | Report Abuse

In trading.... Drop 1 cent is still drop ... lost 1 cent is still lost .. bad news ...
good news.. not in radar ...


Stock: [HARTA]: HARTALEGA HOLDINGS BHD
Nov 2, 2021 5:37 PM | Report Abuse

refer BAT price hit rm 73.75 on 2014 supported by high dividend.

today BAT only trade at rm 15.12. long term investor still gain in term of
dividend but capital loss in waiting time.( rm 73.15 minus rm 15.15)


Stock: [HARTA]: HARTALEGA HOLDINGS BHD
Nov 2, 2021 5:25 PM | Report Abuse

@jolynce,

stingray_ea tell you how market work in operator world...

if you miss the chance to sell supermx on 22 Oct for price RM 2.27 ...
A good news release on Kossan 12 cent dividend at surface view of majority ikan bilis.


Your can only sell at 1.82 today closing price. 50 cent different ...
That will happen to Harta too.
Unless Harta is very special case ... Q ROE double or tripple up


Stock: [HARTA]: HARTALEGA HOLDINGS BHD
Nov 2, 2021 5:04 PM | Report Abuse

if supply increase || demand drop double. -->> demand drop triple ...worst scenario ...

and next Q net profit drop 300M-450M. Over price now.


Stock: [HARTA]: HARTALEGA HOLDINGS BHD
Nov 2, 2021 4:46 PM | Report Abuse

harta ??

Stock: [SUPERMX]: SUPERMAX CORP BHD
Oct 22, 2021 10:22 AM | Report Abuse

best time for selling while good news is from kossan


Stock: [HARTA]: HARTALEGA HOLDINGS BHD
Nov 2, 2021 4:40 PM | Report Abuse

harta Q ROE (12.82%) and Kossan Q (13.51%) about the same..
expected harta price will sharp drop once value investor full load.

dividend 0.34 is used to reduce selling speed ... Target below rm 5

Stock: [TOPGLOV]: TOP GLOVE CORP BHD
Nov 2, 2021 4:06 PM | Report Abuse

>>> fifo


Stock: [TOPGLOV]: TOP GLOVE CORP BHD
Nov 2, 2021 4:04 PM | Report Abuse

-8 cent to touch 2.50....


Stock: [TOPGLOV]: TOP GLOVE CORP BHD
Oct 6, 2021 11:19 AM | Report Abuse

70:30 break ==> 2.50



Stock: [SUPERMX]: SUPERMAX CORP BHD
Oct 22, 2021 9:13 AM | Report Abuse

70:30 break 2



Stock: [SUPERMX]: SUPERMAX CORP BHD
Oct 22, 2021 10:22 AM | Report Abuse

best time for selling while good news is from kossan

12 dividend .

what if next Q Kossan profit drop another 50% and 12 dividend ?
that will be too late for big fund

Mikecyc

45,527 posts

Posted by Mikecyc > 2022-02-23 09:23 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-02-23 09:29 | Report Abuse

Ular learning from you and your ex bff Hypo Aliibaba Scenery mah. Always hang long long banners repeatedly in order to inform the public leh. Your one also repeatedly posted mah. Sama sama lah. Correct

ket4212

603 posts

Posted by ket4212 > 2022-02-23 09:30 | Report Abuse

2.00tiada pecah good job

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-02-23 09:30 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-02-23 09:30 | Report Abuse

TP rm3.40 with profit 450mil with PE just like Affin Hwang TP taikor rm110 with PE 55 ini macam leh. Your copy Affin Hwang valuation kah. Correct?


“Based on a PE multiple of 30 times, the fair value of Top Glove shares would be around RM56.20 to RM63.60.

“However, if we were to base it on 52 times (similar to Hatalega Holdings Bhd valuation), the fair value of Top Glove could surpass RM110, which implies an upside of more than 344% from the current level,” it said.

Affin Hwang said it was raising its earnings forecasts for FY20E-22E by 35%-310%, imputing a higher ASP assumption.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-02-23 09:31 |

Post removed.Why?

Ryan83

1,835 posts

Posted by Ryan83 > 2022-02-23 09:32 | Report Abuse

Top Glove rebound looks like better coming QR in mid March compares to previous QR profits RM180 millions

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-02-23 09:32 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-02-23 09:33 | Report Abuse

Taikor today pun belum pecah rm2.00 leh. Tan Sri has intention to trade saham from today kah. Hope Tan Sri can make the rm2.00 jadi tembuk terkeras di bursa lah. Correct?


Many penkritik think Supermax QR will affect Taikor share price one. See how lah. The myth ada true or not. Taikor affect the rest or the rest affect Taikor pun tak tau lah. Siapa world no 1. Taikor is the dragonhead leh. Not supermax leh. Supermax is just a smaller gloves maker few times smaller than Taikor capacity leh. Correct?

Big Taikor still ada 1.5b revenue. Harta 1 bil revenue. Kossan almost 1 bil revenue. Supermax 500mil revenue. Siapa can churn out more sales. Taikor lah. Next Moon start a new qtr competition see who can churn out more sales lah. Taikor 100bil capacity still the leader kah. Next QR will know lah. Taikor release QR first follow by harta kossan and always last is Supermax. See who win see who lose lah. As usual Ular is still Taikor friendly only. Choose Taikor will win the competition lah. Siapa mau sapot the other 3 candidates one can sapot lah. But Ular only sapot one and the only one Taikor lah. Correct?

Up_again

949 posts

Posted by Up_again > 2022-02-23 09:34 | Report Abuse

Ular, you banyak masa to scroll back and paste ya haha

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-02-23 09:39 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-02-23 09:42 | Report Abuse

Walao why Supermax QR not good and Taikor price can geeen one leh. The penkritik cakap sampai Supermax will affect Taikor badly one mah. Will pecah rm2.00 one mah. Why Taikor takda pecah rn2.00 leh. Must be the penkritik takda correct lah. Blow water only lah. Macai Macai sekalian work harder pls. Correct?

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