Posted by UlarSawa > 2022-03-09 21:48 | Report Abuse

For sure those JPM n Tiger macai macai will be back lah. Their job is to see all the Taikor shareholders suffering then they will be very hapi lah. Correct?


StartOfTheBull

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

5 minutes ago

Posted by UlarSawa > 2022-03-09 21:49 | Report Abuse

Haiyah Youtube sifu sudah mari give fair accessment leh. Ular like to watch sifu punya sharing leh. Correct?


James Ng

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

52 seconds ago

Posted by UlarSawa > 2022-03-09 21:52 | Report Abuse

Harta boss kedekut lah. Not willing to share the windfall money with the ahreholders lah. Tan Sri is very generous sharing most of the windfall with the shareholders leh. Correct?



RJ87

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.

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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 UlarSawa > 2022-03-09 21:53 | Report Abuse

Past tense still bring out to talk macam history teacher leh. Easy money mah. Easy come easy go lah. Not that the money so hard to earn mah. Windfall lah. Money dropped from the sky one lah. Correct?


rr88

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.

17 minutes ago

Posted by UlarSawa > 2022-03-09 21:54 | Report Abuse

JPM belum move the goal post yet lah. Correct?


williamtkb

What is JPM latest TP? Below rm1?

19 minutes ago

Posted by UlarSawa > 2022-03-09 21:55 |

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Posted by rl68 > 2022-03-09 22:35 | Report Abuse

@observatory, good insights on F &S. In your opinion, what is the trade journal that you would recommend to get a clear insights/directions on gloves?

Posted by observatory > 2022-03-10 01:12 | Report Abuse

I have no idea. But one got to be skeptical when the prediction comes from a company with vested interest. As I've commented many months ago, I have yet to see F&S or any other research houses talking down industry prospect in their clients' IPO prospectus.

But this is also common sense. As I've commented before, the economic law of supply and demand applies, especially to commoditized products like gloves where commissioning new capacities take just 12 months. It happened to oil & gas a decade ago. It happened to solar panels. It will happen to semiconductor in the not too distant future, although the greater complexity there means it will take a bit longer than gloves. But supply glut will eventually arrive.

Posted by tankoksiong > 2022-03-10 04:09 | Report Abuse

https://klse.i3investor.com/web/blog/detail/AmInvestResearch/2022-03-09-story-h1600155010-Top_Glove_Corp_Hong_Kong_IPO_postponed

Investment Highlights
We maintain our HOLD call on Top Glove Corporation (Top Glove) with a lower fair value of RM1.90 (from RM1.95). Our valuation methodology is unchanged, using PER of 18x on CY23F EPS. There is no ESG-related FV adjustment based on our 3-star rating.
According to Reuters, Top Glove has postponed its plan to raise US$347 million in a Hong Kong listing due to elevated market uncertainty following Russia's invasion of Ukraine.
Top Glove managing director Datuk Lee Kim Meow was quoted as saying: ?Due to the changing developments in the industry and the current equity market conditions, we have decided to give ourselves more time to pursue this exercise in Hong Kong,? referring to the impact of ?Russian military action? on market sentiment.
Lee also said that the company was in no hurry to list as the plan was for the long-term benefit.
We believe that the news is short-term negative on the stock. However, the long-term impact is positive as it removes the uncertainty surrounding the IPO which would have diluted its long-term EPS by around 10%. We have reduced our share base assumption due to the Hong Kong IPO postponement.
We have cut our FY22/23/34 earnings estimates by 19%/12%/8% to RM532mil/RM786mil/RM968mil after assuming higher raw material cost. The spike in crude oil prices would push up nitrile butadiene?s cost. Nitrile butadiene is the raw material used to make nitrile gloves. Due to the stiff competition in the gloves industry, we believe that Top Glove may not be able to completely pass on the cost increase to customers.
Top Glove is expected to release its 2QFY22 earnings later today. Due to the ongoing trend of lower ASP for gloves, we expect 2QFY22 earnings to be weaker QoQ. However, its balance sheet should remain strong with a net cash position.

Posted by Mikecyc > 2022-03-10 07:16 |

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Posted by SinGor > 2022-03-10 08:53 | Report Abuse

I gave 99sens many months ago, and get scolded by Ular 24/7...now people with good reputation give 80sens
and Ular..... keep quiet ( my reputation not good meh )

Posted by Filifawa > 2022-03-10 08:54 | Report Abuse

Snake or giraffe? Shakira shakira

Posted by UlarSawa > 2022-03-10 09:06 | Report Abuse

Wei you idss pom pom girl leh. Mana ada good reputation leh. You blow water cakap you shorted taikor earned 5 digits in feb leh. You lied mah. Liar mana ada reputation good one. Lagi cakap loss QR pun wrong mah. Impairment 4 bil lagi blow water. Correct?


SinGor

I gave 99sens many months ago, and get scolded by Ular 24/7...now people with good reputation give 80sens
and Ular..... keep quiet ( my reputation not good meh )

9 minutes ago

Posted by CUTLOST > 2022-03-10 09:22 | Report Abuse

Sold 1.69 bit 1.66

Posted by SinGor > 2022-03-10 09:23 | Report Abuse

yesterday i I-Diss made 10sens from Top ( only compliant not enough players)...Dnex gets about 20mil I-Dissing
almost every 2 Day. TG is really a "Die.ing Counter" DonT stay or you get trap by Ular ( dead Coil ) Come here
to kacau Okay

Posted by SinGor > 2022-03-10 09:28 | Report Abuse

some-more I.Dissing is a gambling Den open by BURSA. You want to complaint, Talk to Bursa...why Me

Posted by UlarSawa > 2022-03-10 09:35 | Report Abuse

You are idss leader in taikor mah. pakai mulut shouting leh. So loud lagi cakap you ada shorted mah. but record pun takda show you ada shorted abd earned 5 digits as you claimed leh. You dare to sumpah you earned 5 digits kah. Correct?


SinGor

some-more I.Dissing is a gambling Den open by BURSA. You want to complaint, Talk to Bursa...why Me

4 minutes ago

Posted by SinGor > 2022-03-10 09:37 | Report Abuse

Ular always say JPM keep shifting Goal Post...Look at Public Bank and HongLeong Bank...yesterday 1.90, today
PBB 1.48 ( HLG 2.0++ one week ago now 1.33).....SinGor 99sen never shift Goal Post 3months ago...still 99sen

Posted by Ryan83 > 2022-03-10 09:42 | Report Abuse

Top Glove share price is very overvalue above PE 40 with current price 1.60+

Posted by vcpmaster123 > 2022-03-10 09:43 | Report Abuse

Why suddenly stop dropping... A bit weird on this

Posted by Mikecyc > 2022-03-10 09:46 |

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Posted by Mikecyc > 2022-03-10 09:48 |

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Posted by i3lurker > 2022-03-10 09:49 | Report Abuse

Supermax NTA 1.88 and NOT money wasters like TG
TG NTA teeny weenie 0.70 only

very likely TG share price will drop to 35 sen based on earnings ability

Posted by UlarSawa > 2022-03-10 10:01 |

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Posted by UlarSawa > 2022-03-10 10:02 | Report Abuse

Taikor you cakap insolvent still can worth so high meh. insolvent leh. PN17 leh. Still so high kah. Correct?


i3lurker

Supermax NTA 1.88 and NOT money wasters like TG
TG NTA teeny weenie 0.70 only

very likely TG share price will drop to 35 sen based on earnings ability

11 minutes ago

Posted by SinGor > 2022-03-10 10:02 | Report Abuse

wah people no face (give) to Ular....Tp 0.35...somemore said SinGor no Good

Posted by UlarSawa > 2022-03-10 10:04 |

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Posted by newguy0801 > 2022-03-10 10:07 | Report Abuse

Mr Python sure will be a good boyfriend, protect TOPGLOV like wife until the end.

Posted by UlarSawa > 2022-03-10 10:07 | Report Abuse

Why ha. JPM n Tiger macai macai not hard working enuf lah. Ular pun rileks je. Bukan they pukul empty drum Ular will lose underwear pun. Correct?

vcpmaster123

Why suddenly stop dropping... A bit weird on this

22 minutes ago

Posted by UlarSawa > 2022-03-10 10:08 |

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Posted by Ryan83 > 2022-03-10 10:11 | Report Abuse

Top Glove net cash balance left RM600millions+ around 8 sen per share lowest among top 4 glove companies

Posted by newguy0801 > 2022-03-10 10:13 | Report Abuse

Haha, sometimes people really joke too much. After this serious pandemic, the world will set up at least an adequate supply and emergency storage for gloves to prevent ASP from rising again in case of another pandemic again lol.

Posted by SinGor > 2022-03-10 10:16 | Report Abuse

Latex Glove shell life 3years...Nitrile 5years( 3year you have to start disposing )

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

2022 and 2023 most Hospital have to finish "Old Stock" if not they have to throw away 100's of millions..
2022 will see massive Stop Buy order from Hospital

Posted by UlarSawa > 2022-03-10 10:24 |

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Posted by GlovesOff > 2022-03-10 10:41 | Report Abuse

Haha add sissy , security guard , vegetable seller to the list
*********
Kutuk ular sampai jadi bangla lah. General worker in Taikor factory lah.