Posted by NatsukoMishima > 2022-03-09 17:51 | Report Abuse

JPM really accurate !

Posted by NatsukoMishima > 2022-03-09 17:53 | Report Abuse

From 30 to rm 1.67 within 18 months ! Crazy man !

Posted by RJ87 > 2022-03-09 17:55 | Report Abuse

That CEO is driving his own company to the grave with his ego?

Together with him is people like sawa. Die hard fans.
????????

investmalaysia618
wow, only 562million left only ke?? all money spend on sbb and dividend d. because of boss ego. he ruin his own company

Posted by Catchthewave > 2022-03-09 17:58 | Report Abuse

The market has responded clearly for the QR release. The down trend may last a while till next QR. Seems not far from what JP estimated RM1.5. But JP May adjust again according to their schedule. There are times this stock suddenly surge for no reasons, maybe to shake off some short term shortiests

Posted by i3lurker > 2022-03-09 18:03 |

Post removed.Why?

Posted by CharlesT > 2022-03-09 18:04 | Report Abuse

Result not bad lah...better than my expectation...

Thought will see red...

Posted by CharlesT > 2022-03-09 18:04 | Report Abuse

Mayb next Q will see losses....n may become new normal for a while

Posted by DannyArcher > 2022-03-09 18:06 | Report Abuse

@NatsukoMishima

From 10 to 1.67, not 30. you must factor in stock split.

Posted by Pang > 2022-03-09 18:12 | Report Abuse

Don't panic , still profit. People with deep pocket advantage

Posted by Mat Cendana > 2022-03-09 18:20 | Report Abuse

Have to respect UlarSawa for his loyalty to this company. Plus taking all the snide comments here :)

Posted by i3lurker > 2022-03-09 18:23 | Report Abuse

Later will be more profitable to stop the gloves production lines.
produce more will become more losses.

all will be sacked, only Snake the security guard will remain, waiting to sell off land...


CharlesT

Mayb next Q will see losses....n may become new normal for a while

11 minutes ago

Posted by amateurJR > 2022-03-09 18:24 | Report Abuse

ok la this qtr. thought will be worse

Posted by i3lurker > 2022-03-09 18:24 | Report Abuse

I believe Harta will refuse to takeover TG assets

Posted by AdCool > 2022-03-09 18:30 | Report Abuse

Read the cash flow statements, these two quarters pay income taxes a lot. Need to use the cash to pay.


investmalaysia618

wow, only 562million left only ke?? all money spend on sbb and dividend d. because of boss ego. he ruin his own company

Posted by GlovesOff > 2022-03-09 18:38 | Report Abuse

HAHAHA jokes on you Ular da Bangla
*********
Taikor sudah pecah rm2.00 kah. Takda mah. You mata buta kah. Belum lagi lah. You work harder help Ular to renew FD at higher interest lah. Correct?

Posted by pang72 > 2022-03-09 18:59 | Report Abuse

The legend fade off..
It is bad to see top glove dropping so much....

Posted by bsinvestor > 2022-03-09 19:09 | Report Abuse

Ular, u OK bor ?

Posted by bsinvestor > 2022-03-09 19:15 | Report Abuse

Ular, I salute u. below is the earlier post u wrote. Your preservarance is second to none. I salute.


Stock: [TOPGLOV]: TOP GLOVE CORP BHD

Aug 30, 2021 10:43 AM | Report Abuse

RSS covered back 71mil sudah slowly slowly increased from 66mil. ingat orang tak tau ke. Left less than 179mil to go. RSS shortist pun takut already kah. See Big 4 QR still earming so much kah. Really tak faham lah. Still ada orang selling cheap cheap for shortists to cover back their shares kah. Correct?

Posted by observatory > 2022-03-09 20:27 | Report Abuse

The already shelved Top Glove's IPO document dated 29-Oct-2021 can still be found in Hong Kong Stock Exchange website. Page 105 of the document shows the infamous ASP forecast by Frost & Sullivan. F&S is a leading market research company used by Top Glove for its IPO.

https://www1.hkexnews.hk/app/sehk/2021/103952/a110765/sehk21102900066.pdf

According to the F&S projection, which was widely quoted and believed, ASP for nitrile gloves would be USD75.1 and USD42.9 in 2021 and 2022; latex USD39.8 and USD26.3 respectively.

But as we just entered 2021, Top Glove ASP already dropped to USD19, lower than pre-pandemic level!

Always treat the forecast of market research firms, especially those hired by the IPO companies to promote their wares, with a bucket of salt!

Posted by Kingbeast > 2022-03-09 20:45 | Report Abuse

Ular can go makan tahi..... noob investor..... he will tell everyone he is still positive in gloves cause he bought before pandemic at RM1

Posted by UlarSawa > 2022-03-09 20:45 | Report Abuse

Walao so many JPM n Tiger macai macai mari claimed victory kah. So you all earned alot ini macam kah. Sudah dapat bonus from you paymaster already kah. Correct?

Posted by UlarSawa > 2022-03-09 20:48 | Report Abuse

Walao ini so called very panlai tilik one pun macam kaki lima tukang tilik also lah. Mana ada red QR leh. Lagi tak malu keluar MHP lagi kah. Correct?



Those who think Taikor will banklap pls add into the list
Ular want to survey the market opinion. Boleh?


Taikor will be making loss or insolvent in FY 2022.

1. I3lurker
2. Sunshine
3. XiaoHaiXiaoGouGou
4. CharlesT
5. Ironshit
6. Mohd Yazid Mohd Ali
7. skcm2017
8. NatsukoMishima

Posted by UlarSawa > 2022-03-09 20:50 | Report Abuse

ASP ada so low USD19 meh. Ini macam the rest of Gloves maker mau loss making already lah. Correct?

Posted by UlarSawa > 2022-03-09 20:51 | Report Abuse

Thank you for your concern. Ular still ok lah. Baru renewed FD lah. Hope can survive lah. Correct?

bsinvestor

Ular, u OK bor ?

1 hour ago

Posted by UlarSawa > 2022-03-09 20:52 |

Post removed.Why?

Posted by UlarSawa > 2022-03-09 20:53 | Report Abuse

At least you honest sikit leh. Not like the rest TP red QR but still act like never said b4 leh. Correct?

CharlesT

Result not bad lah...better than my expectation...

Thought will see red...

2 hours ago

Posted by UlarSawa > 2022-03-09 20:57 | Report Abuse

Now talk also more humble use maybe instead of insist like the rest of JPM n Tiger macai macai leh. Correct?

CharlesT

Mayb next Q will see losses....n may become new normal for a while

2 hours ago

Posted by UlarSawa > 2022-03-09 21:00 |

Post removed.Why?

Posted by UlarSawa > 2022-03-09 21:02 |

Post removed.Why?

Posted by StartOfTheBull > 2022-03-09 21:02 | Report Abuse

Must consolidate 6 into 1 then EPS 7.5c share price Rm1.68 to be reasonable.

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

If can get 60cts Ular happy already. Ular not greedy one leh. Ular put FD at 55cts leh. Correct?

yfchong

Koyak eps 1 ct tjis Q If 4 Q only 4 cts... Matilah. Market gives PE 15 max value only 60 cts still have room to fall... Like timberrrrrr|rrrr...

3 hours ago

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

It’s a long term investment. Not that bad. So if price drop short term it’s a good bargain buy. No worries

Posted by UlarSawa > 2022-03-09 21:04 | Report Abuse

Harta world ranking pun not top 3 leh. Mana possible take over world no 1 Taikor leh. Dun think so lah. Harta cannot afford to swallow Taikor lah. Correct?


i3lurker

I believe Harta will refuse to takeover TG assets

2 hours ago

Posted by UlarSawa > 2022-03-09 21:06 | Report Abuse

Ular suka lepak with those JPM n tiger macai macai lah. 1 vs 20 no problem lah. Correct?

Mat Cendana

Have to respect UlarSawa for his loyalty to this company. Plus taking all the snide comments here :)

2 hours ago

Posted by DannyArcher > 2022-03-09 21:07 | Report Abuse

Harta always go for organic growth, TG grew big by buying up smaller competitors. Thus u see TG got 50 over location, whereas Harta only got a few only.

Posted by UlarSawa > 2022-03-09 21:07 | Report Abuse

Yalah you most panlai one in I3 lah. Taikor banklap in 2022 lah. Hope you still can alive to see when Taikor banklap lah. Correct?


i3lurker

Phase I completed
Snake guaranteed to Suiyee Sucker Bilis share price will not drop below RM2.00

now doing Phase II
Snake Snake will Guarantee Guarantee Suiyee Suiyee Sucker Sucker Bilis Bilis that share price will NOT drop below RM1.00 per share

later Phase III
Snake Snake Snake will Guarantee Guarantee Guarantee Suiyee Suiyee Suiyee Sucker Sucker Sucker Bilis Bilis Bilis that TG will NOT go PN17, Bankrupt and Tutup Kedai

Cheers !!!
Bottoms Up !!!

3 hours ago

Posted by UlarSawa > 2022-03-09 21:08 | Report Abuse

What you talked like Taikor sudah insolvent leh. Taikor still making profit leh. Not loss making leh. Correct?


investmalaysia618

wow, only 562million left only ke?? all money spend on sbb and dividend d. because of boss ego. he ruin his own company

3 hours ago

Posted by UlarSawa > 2022-03-09 21:10 | Report Abuse

Until now you dunno Taikor dont have CEO kah. Taikor ada Chairman MD Executive Director Non Executive Director takda CEO lah. Correct?


RJ87

That CEO is driving his own company to the grave with his ego?

Together with him is people like sawa. Die hard fans.
????????

investmalaysia618
wow, only 562million left only ke?? all money spend on sbb and dividend d. because of boss ego. he ruin his own company

3 hours ago

Posted by UlarSawa > 2022-03-09 21:11 | Report Abuse

Only those JPM n Tiger macai macai worried lah. Other than them No one worry lah. Correct?


Gaussian

It?s a long term investment. Not that bad. So if price drop short term it?s a good bargain buy. No worries

6 minutes ago

Posted by UlarSawa > 2022-03-09 21:12 | Report Abuse

Harta how to compete with taikor lah. Taikor Revenue much higher than Harta lah. Bcos Taikor ada double of harta capacity lah. Siapa more siapa win lah. Correct?


DannyArcher

Harta always go for organic growth, TG grew big by buying up smaller competitors. Thus u see TG got 50 over location, whereas Harta only got a few only.

3 minutes ago

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

Rm28 to Rm1..who care..

Posted by DickyMe3 > 2022-03-09 21:20 | Report Abuse

"DannyArcher

@NatsukoMishima

From 10 to 1.67, not 30. you must factor in stock split."
====================================

Still a loss! In order to qualify for split, holders could have bought at penthouse price.
Considering after split price of RM10, the fall is 83.3%. Definite average cost erosion aka LOSS.

Posted by RJ87 > 2022-03-09 21:32 | Report Abuse

seems like Ular stuck very very very deep and no way to cut loss.

if you see the financial statement is the same as 2019. Then, it should not priced above 2019.
Don't forget the bonus issue. If before 2019 was RM2, then post bonus equivalent should be 80sen.

Most importantly, glove hype is over. What's there to look forward to in glove? U wait what ular?

Posted by williamtkb > 2022-03-09 21:33 | Report Abuse

What is JPM latest TP? Below rm1?

Posted by rr88 > 2022-03-09 21:34 | Report Abuse

Top glove management said down cycle expected due to vaccine rollout.

Talk kok. If expected, why the fuk you spent rm1.4 bil to buy back yr shares at rm7 a piece when vaccine development being fast tracked and continued buying a few months after vaccines were approved.

I said at the time should give that bumpy profit as bumpy dividends to shareholders rather than throw it down the drain. Lousy mgt.

Posted by RJ87 > 2022-03-09 21:37 | Report Abuse

Harta boss smarter. Keep all the cash in the company. Market how to tank the price also can't tank below net cash position. But TSLWC use all the cash for SBB and dividend don't know got wat use. Once the money left the company, there goes the investor also. That's why Buffet's BH never pay dividend. Keep cash to themselves.

---------------------------------------
UlarSawa

Harta how to compete with taikor lah. Taikor Revenue much higher than Harta lah. Bcos Taikor ada double of harta capacity lah. Siapa more siapa win lah. Correct?

Posted by rr88 > 2022-03-09 21:39 | Report Abuse

200 mil shares x 7.00 = rm1.4 bil
200 mil shares x 1.68 = rm336 mil
=> You hv lost rm1.064 bil
=> Expected my ass

Posted by StartOfTheBull > 2022-03-09 21:40 | Report Abuse

Later drop to 80c only then everybody left the forum with only Ular chatting with herself.

Posted by UlarSawa > 2022-03-09 21:46 | Report Abuse

Haiyah enuf of those bashing of Taikor lah. Not that Taikor banklap already or masuk PN17 like Capital A lah. You compare Taikor with Capital A. You know siapa ada earn money siapa lose money lah.Harga saham is just for judi only lah. Important the company must at least still running and most important must be profitable lah. At least not scare it will banklap mah. Correct?

Posted by James Ng > 2022-03-09 21:47 | Report Abuse

https://klse.i3investor.com/blogs/general/2022-03-09-story-h1600158920.jsp
[??] [Video:??TOP GLOVE CORPORATION BHD, TOPGLOV, 7113] - James?????James Share Investing