TOP GLOVE CORPORATION BHD

KLSE (MYR): TOPGLOV (7113)

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Last Price

1.04

Today's Change

0.00 (0.00%)

Day's Change

1.03 - 1.05

Trading Volume

11,412,100


72 people like this.

203,193 comment(s). Last comment by curiousmonke 5 minutes ago

Ryan83

1,835 posts

Posted by Ryan83 > 2022-03-09 13:27 | Report Abuse

EPS 1.09 sen per quarter and current price price 1.80 still very high valuation PE 45 expects Tan Sri hv to support share price aggressively evening session if not share price will drop a lot dragging other glove shares to new low today

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-03-09 13:28 | Report Abuse

Another sin ctr promoter kah. Selalu ajak orang beli sin ctr one like the Cobra King Singor no heart one. Mau earn money from ppl sakit paru paru one leh. Correct?


williamh

Make Your move to BAT,it may return large Part of Your loss in a year time

14 minutes ago

Posted by Investor126 > 2022-03-09 13:28 | Report Abuse

Let UlarSawa and his glovers live in their delusional world full of their fantastic imagination.

The truth had slapped hard on those faces, yet they still refused to accept it.

i3lurker

14,187 posts

Posted by i3lurker > 2022-03-09 13:35 | Report Abuse

Theoretical Price Per Share => only RM0.20 to RM0.35 per share now selling RM1.80 is extremely very over-priced

Ryan83

EPS 1.09 sen per quarter and current price price 1.80 still very high valuation PE 45 expects Tan Sri hv to support share price aggressively evening session if not share price will drop a lot dragging other glove shares to new low today

4 minutes ago

Posted by StartOfTheBull > 2022-03-09 13:36 | Report Abuse

Supermax EPS 1.8c
TG EPS 1c only.
If TG RM1.80 Supermax should be RM3.20
TG largest gloves maker, so what? Haha

Gaussian

3,091 posts

Posted by Gaussian > 2022-03-09 13:36 | Report Abuse

Expect the unexpected

Posted by AlsvinChangan > 2022-03-09 13:39 | Report Abuse

Impressive result no wonder 1.80 strong support can hold long long

BUT no money to paid dividend

BLOW all the money in SBB

Posted by Catchthewave > 2022-03-09 13:39 | Report Abuse

From the past few days move already tells. Looks like the news leaked beforehand. Congrats to those who shorted earlier. Those who shorted all the way from RM9, can still enjoy the wave as it seems no bottom of this stock.

mh87

3,966 posts

Posted by mh87 > 2022-03-09 13:41 | Report Abuse

Now Supermax is RM1.00 and might hit new low soon.

That means TG should below RM1 right based on current glove share price trend.


StartOfTheBull

Supermax EPS 1.8c
TG EPS 1c only.
If TG RM1.80 Supermax should be RM3.20
TG largest gloves maker, so what? Haha

observatory

1,064 posts

Posted by observatory > 2022-03-09 13:41 | Report Abuse

Top Glove production utilisation recovered to 73%. Finally demand is picking up.

But assuming shipment quantity is the same as production quantity, ASP = (1449/4.186) / (0.73*100/4) = USD19, which is below pre-pandemic price.

Effects of low ASP show up in the latest quarter operating margin of 7.8%, as compared to 9.4%, 12.3%, 9.8% in pre-pandemic years FY17 to 19.

Assuming current PATAMI RM87.549m is near term sustainable profit, annual PATAMI = RM350m. At the noon closing price of RM1.80, market cap is RM14,415m. So PE is 41 times!

Posted by Catchthewave > 2022-03-09 13:45 | Report Abuse

Wait for 2 weeks for the price to be stabilised. But if you are newbie stay away from gloves. The temptation is always a trap.

bang_miskin

1,059 posts

Posted by bang_miskin > 2022-03-09 13:45 | Report Abuse

Okay I was wrong. A good chunk went to sukuk.
Expect Topglove price to trade below RM 1.50 in the coming days or weeks. Not a good outcome.
>>>>

RM87.6m

worse than some of the pre-pandemic quarterly results..

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-03-09 13:45 | Report Abuse

What slap face. Ular belum renew FD mah. Takda slap sendiri so bad lah. Correct?

Investor126

Let UlarSawa and his glovers live in their delusional world full of their fantastic imagination.

The truth had slapped hard on those faces, yet they still refused to accept it.

10 minutes ago

Mikecyc

45,686 posts

Posted by Mikecyc > 2022-03-09 13:47 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-03-09 13:50 | Report Abuse

Wah if Taikor still can achieve to high production rate kira not bad lah. Taikor so far the revenue 1.44bil only trun sikit from 1.58bil prev qtr. takda turun so much from last QR leh. kira better than expected leh. At least much better that yeekor sumkor or seikor leh. Taikor still the champion in term of revenue leh. Taikor fight for sales revenue to survive the competition leh. Hidup Taikor. Hidup Tan Sri. Correct?



observatory

Top Glove production utilisation recovered to 73%. Finally demand is picking up.

But assuming shipment quantity is the same as production quantity, ASP = (1449/4.186) / (0.73*100/4) = USD19, which is below pre-pandemic price.

Effects of low ASP show up in the latest quarter operating margin of 7.8%, as compared to 9.4%, 12.3%, 9.8% in pre-pandemic years FY17 to 19.

Assuming current PATAMI RM87.549m is near term sustainable profit, annual PATAMI = RM350m. At the noon closing price of RM1.80, market cap is RM14,415m. So PE is 41 times!

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-03-09 13:54 |

Post removed.Why?

sunsetbiz

770 posts

Posted by sunsetbiz > 2022-03-09 13:54 | Report Abuse

mostly will below 1.5 .....grab while 1.3-1.4 range only...^^

Posted by Catchthewave > 2022-03-09 13:59 | Report Abuse

Many glove competitors nowadays, especially from China. It needs reshuffle, till some close shop, demand stabilised then the true colour appears. The only thing to consider is if China also kena covid badly then demand may pick up again. No one knows what is the next exactly, that is the beauty of stock.

DINGYEH

1,051 posts

Posted by DINGYEH > 2022-03-09 14:02 | Report Abuse

vchai holland liao

freddiehero

16,722 posts

Posted by freddiehero > 2022-03-09 14:02 | Report Abuse

aiya lol.. virus gone then gone, u still hope for coming again..

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-03-09 14:04 | Report Abuse

Taikor revenue 1.44bil still higher than pre pandemic 1.23bil leh. Still kira ada improvement leh. Only Profit margin drop pasal ASP turun too much and raw matl and other costs increased leh. Ada PBT above rm100mil kira very good already lah. Apa lagi mau complaint lagi lah. At least not loss QR lah. Correct?

mh87

3,966 posts

Posted by mh87 > 2022-03-09 14:04 | Report Abuse

If TG hit RM1.00-RM1.20 in this coming few weeks then it will be super bad for its share price. With 8billion NOSH it would be super duper heavy to move up above RM2.00

kl_guy

1,545 posts

Posted by kl_guy > 2022-03-09 14:07 | Report Abuse

lets wait for 3 -4 month to see how low can topglove before buying.
If ASP continue going lower is good also , can kill off small player .
Just wait and see.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-03-09 14:08 | Report Abuse

Taikor is still Taikor lagi leh. Not that Taikor sudah banklap leh. Tan Sri also working so hard with all the workers and staff to maintain the profitability leh. You all do nothing only know complaint non stop lagi. So ungrateful leh. You go capital A there complaint lah. QR loss 2 years berturut turut padahal Taikor maintaining profit non stop from IPO sampai sekarang with perfect score leh. Mau ada sikit know siapa ada kerja siapa makan gaji buta leh. Correct?

bang_miskin

1,059 posts

Posted by bang_miskin > 2022-03-09 14:11 | Report Abuse

If TG trade between RM1.00-1.20 in the coming weeks, then the market expects next quarter profit to also fall, which is quite likely if ASP continues to decline. Let's see how the market reacts.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-03-09 14:13 | Report Abuse

Ular declared renewed sikit FD @55cts already. Hope Ular not masuk longkang nanti. Correct?

beso

2,137 posts

Posted by beso > 2022-03-09 14:15 | Report Abuse

yes, around 80m net profit is the real capability, assumed net profit 400m ttm, eps roughly 5 sen, even given 30 times pe it will 1.50, as what i said last year it worth no more than 1.50 per unit. lol

freddiehero

16,722 posts

Posted by freddiehero > 2022-03-09 14:16 | Report Abuse

ular steady.. tats the answer hahaha let's put in fd

mh87

3,966 posts

Posted by mh87 > 2022-03-09 14:16 | Report Abuse

Actually if this TG drops below RM1.00 also there must have some genuine supporters to back this up.

Same like politician la. Even got some serious court cases also still have strong supporter behind them.

So no need to fight each other. Just let them be and see the next move.

freddiehero

16,722 posts

Posted by freddiehero > 2022-03-09 14:21 | Report Abuse

yes it should be

citadel888

532 posts

Posted by citadel888 > 2022-03-09 14:23 | Report Abuse

terrriblt result

SinGor

4,891 posts

Posted by SinGor > 2022-03-09 14:25 | Report Abuse

this char kuey teow( dew) chef so slow, i missed all the Fun

Ryan83

1,835 posts

Posted by Ryan83 > 2022-03-09 14:34 | Report Abuse

Today huge volume share buy back again by Tan Sri to support price from heavy sell off

Posted by investmalaysia618 > 2022-03-09 14:35 | Report Abuse

pity shareholders, company in tight cash flow. all the money used for dividend and sbb. not much left to cushion bad days

ankahill

1,046 posts

Posted by ankahill > 2022-03-09 14:36 | Report Abuse

Lelong sales begins already!?

stingray_ea

2,765 posts

Posted by stingray_ea > 2022-03-09 14:37 | Report Abuse



rm 1.5 lai loh ( touch rm1.69)

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-03-09 14:40 | Report Abuse

Tan Sri so good mah. Good time gave good dividend leh. Better than dont give mah. Bad time tightening the belt also can survive lah. Correct?

investmalaysia618

pity shareholders, company in tight cash flow. all the money used for dividend and sbb. not much left to cushion bad days

3 minutes ago

stingray_ea

2,765 posts

Posted by stingray_ea > 2022-03-09 14:42 | Report Abuse

margin call ...here there everywhere ...

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-03-09 14:43 | Report Abuse

Itu kucing kurup AT sys how to compare with Taikor lah. Anyway their boss last time panlai blow water leh. Last time kira profit boleh dapat few hundred millions sampai Uncle Koon also kena tipu by their boss leh. But Uncle Koon also woke up earlier sudah ran road long ago lah. Correct?


JJPTR

Aiyo Takor Topglove profit margin squeezed so badly.
Tht AT sys me-also glove copycat sure die next few months
8 minutes ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-03-09 14:44 | Report Abuse

Dividend one year twice only if ada lah. Anyway profit so low also no much to declare lah. Correct?



JJPTR

no dividend ke?

1 minute ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-03-09 14:45 | Report Abuse

Sudah start lelong lah. Ular pun ada beli lelong price already lah. Correct?


ankahill

Lelong sales begins already!?

8 minutes ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-03-09 14:47 | Report Abuse

Tan Sri also want to help those want to exit lah. He will do whatever he can to help to stabilise the price lah. Thats why Ular puji Tan Sri so much lah. Correct?

Ryan83

Today huge volume share buy back again by Tan Sri to support price from heavy sell off

11 minutes ago

SinGor

4,891 posts

Posted by SinGor > 2022-03-09 14:47 | Report Abuse

TG released from CBP and said shipment starts Nov 2021......3 Full months of shipment to USA and yet profit
"Dropped by Half compare to last Qr""....As mention so many times, China is a serious competitor....the worst is
yet to come bcos Raw Material Cost will Jump 50--100% Next Qr

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-03-09 14:49 | Report Abuse

Mana loss QR. Mana impairment 4bil. Semua pun blow water juga. You no shorting using IDSS meh. Correct?

SinGor

TG released from CBP and said shipment starts Nov 2021......3 Full months of shipment to USA and yet profit
"Dropped by Half compare to last Qr""....As mention so many times, China is a serious competitor....the worst is
yet to come bcos Raw Material Cost will Jump 50--100% Next Qr

1 minute ago

SinGor

4,891 posts

Posted by SinGor > 2022-03-09 14:50 | Report Abuse

Already told many times 2.0 is NOT cheap and 99sens is also Not cheap if Raw Material Keep surging and
competition maybe worst than Ukraine / Russian War.

Posted by wallstreetrookie > 2022-03-09 14:50 | Report Abuse

Top Glove upgraded to Overweight

Earnings beat estimate. Share price has fully factored in the depreciation in profit margins as a result of a slide in average selling price

SinGor

4,891 posts

Posted by SinGor > 2022-03-09 14:51 | Report Abuse

now ular " kindergarden Teacher" starts scolding already....Offensive is Defensive...Art of War

Posted by staypositive > 2022-03-09 14:52 | Report Abuse

Will be out of KLCI soon?

maggiemee

2,097 posts

Posted by maggiemee > 2022-03-09 14:56 | Report Abuse

Ular makan tai

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-03-09 14:56 |

Post removed.Why?

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