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.

203,191 comment(s). Last comment by yfchong 18 hours ago

Posted by investmalaysia618 > 2022-06-02 11:17 | Report Abuse

This is why majority who won jackpot will lose all the money within few years. If you never earn that much money before, you'll never know how to manage that amount of money.
-----
DannyArcher

The sudden tsunami of money causes tan sri to lose his mind. If only he kept those money or invest it in other stocks to weather this coming storm, which clearly harta saw this coming.

maggiemee

2,097 posts

Posted by maggiemee > 2022-06-02 11:41 | Report Abuse

run ah!!!!!!!!!

hunterz86

125 posts

Posted by hunterz86 > 2022-06-02 11:52 | Report Abuse

nice number 118

apple168

6,236 posts

Posted by apple168 > 2022-06-02 12:04 | Report Abuse

Short Topglove!

apple168

6,236 posts

Posted by apple168 > 2022-06-02 12:04 | Report Abuse

TP less than 1.00

Posted by Mohd Yazid Mohd Ali > 2022-06-02 12:05 | Report Abuse

Buy buy buy ,taik asam sudah keluar ,counter 7.00 sudah jadi penny stock ,ini counter mau jadi PN17 ,sudah mau bancrupt ,EPF sudah jual hari hari ,bad news ?

FabioDulan

245 posts

Posted by FabioDulan > 2022-06-02 12:06 | Report Abuse

If company keep reporting quarterly losses it can go bankrupt this is not a joke

Posted by investmalaysia618 > 2022-06-02 12:11 | Report Abuse

exactly. look at knm. it was rm8 stock those days. now just rm0.15. anything is possible

Posted by StartOfTheBull > 2022-06-02 12:38 | Report Abuse

Don't think it will not drop to below 80c. Don't play with China manufacturing power house. Shanghai lockdown has been lifted and more to come.

brian3381

1,888 posts

Posted by brian3381 > 2022-06-02 12:39 |

Post removed.Why?

Posted by InsiderShark > 2022-06-02 12:43 | Report Abuse

imagine tg took the billions and invest in bonds or a few other blue chip co like mbb, pbb, pmetal, palm oil and etc, now can lock in even more profit. even if no capital gain, the dividend given will help tg to fight china glove for a long time.... too late

Loh Kok Wai W

3,699 posts

Posted by Loh Kok Wai W > 2022-06-02 12:55 | Report Abuse

Glove counter...penny,penny,penny stock.....welcome....

Vicky

1,570 posts

Posted by Vicky > 2022-06-02 13:05 | Report Abuse

Glove crash. Well keep for 10 years for another pandemic. Kiss your shares goodbye

Karma4444

743 posts

Posted by Karma4444 > 2022-06-02 13:10 | Report Abuse

Vchai vchai vchai

Loh Kok Wai W

3,699 posts

Posted by Loh Kok Wai W > 2022-06-02 13:15 | Report Abuse

All glove counter Transfer to Muzium Negara....

Posted by everest29029 > 2022-06-02 13:30 | Report Abuse

Topglov likely to drop out of 30 KLCI components when it reports its shocking Q result. epf is quietly offloading before the rest of the institution investors scramble to exit.

Posted by InsiderShark > 2022-06-02 13:33 | Report Abuse

TG and Inari out. QL and WestPort in.

ken2004

1,642 posts

Posted by ken2004 > 2022-06-02 13:34 | Report Abuse

LOL, this is not rubbish stock, how can this be compare to penny stock when this have solid business with no financial trouble at all, sorry for those veteran of this 2 years++ that just bought as yes, you need to keep for awhile if not cutting loss as atleast there is dividend......

DatoKyle

369 posts

Posted by DatoKyle > 2022-06-02 14:01 | Report Abuse

TOP GLOVE die jor.. RUN, before too late ! New tp as per DatoKyle below 60 cents !!!!!

smartgood

214 posts

Posted by smartgood > 2022-06-02 14:28 | Report Abuse

Early this year I bought 2-38 lucky cut loss at 2-20. If kept until now loss so much. So scary.

Posted by investmalaysia618 > 2022-06-02 14:40 | Report Abuse

this share 0.8 below only see

Loh Kok Wai W

3,699 posts

Posted by Loh Kok Wai W > 2022-06-02 14:45 | Report Abuse

Smartgood...good jobs....congraculations.

SNbright

53 posts

Posted by SNbright > 2022-06-02 14:47 | Report Abuse

run quick, they have no orders and willing to sell under production cost
they will continue to operating at a heavy loss for many quarters to come

SNbright

53 posts

Posted by SNbright > 2022-06-02 14:52 | Report Abuse

TG inability to clear high inventories, market ASP is approx 22.00 - 23.00, but buyers can now get just 18.00 from them, it is a bad sign for this counter and of course all the gloves counter as well

momo33

149 posts

Posted by momo33 > 2022-06-02 14:52 | Report Abuse

most hospital/suppliers have overstock gloves heavily .
so now manufacturers cannot sell , less orders.
not to mention many new co .. jump in with new factories .
for now .. now profit will be down hill
SELL .

cwc1981

1,339 posts

Posted by cwc1981 > 2022-06-02 14:55 | Report Abuse

GG.com

SNbright

53 posts

Posted by SNbright > 2022-06-02 14:59 | Report Abuse

advisable to sell and cut loss as the situations will not be improved for many years

fortunefire

1,503 posts

Posted by fortunefire > 2022-06-02 15:00 | Report Abuse

OMG dropped so much!! luckily i didnt line up this morning.

ken2004

1,642 posts

Posted by ken2004 > 2022-06-02 15:05 | Report Abuse

If mention the business situation till like this, the first one to fall is all those new company as you know why, the big 4 glove company already cash rich earning before this, so they just need to vomit out the profit only while those new company is losing real money from their own pocket. I doubt anyone will sell product at losses plus how many can you stock as somehow glove is still use daily basis.......

imvu

7,888 posts

Posted by imvu > 2022-06-02 15:06 | Report Abuse

jumaat rebound ?

ken2004

1,642 posts

Posted by ken2004 > 2022-06-02 15:16 | Report Abuse

Oh yah, this company cannot be in losses as every quarter in profit, so nonsense to me when say they in dire situation and sell product in losses etc.......for them just business as usual like before covid.......

SNbright

53 posts

Posted by SNbright > 2022-06-02 15:18 | Report Abuse

Beware
For sure market will not be good for gloves business for many years to come. if rebound happen, clearly the sharks made it higher to run.

apple168

6,236 posts

Posted by apple168 > 2022-06-02 15:33 | Report Abuse

Short TG till less than 1.00!

DannyArcher

1,258 posts

Posted by DannyArcher > 2022-06-02 15:38 | Report Abuse

Ken2004, when you say big 4 are cash rich… you mean the big 3? Topglove gave away most of the earnings as dividend and spend most on share buy back.

Topglove kosong already. Harta is cash rich… very cash rich

Vicky

1,570 posts

Posted by Vicky > 2022-06-02 15:39 | Report Abuse

Wait for 20 years the next pandemic in 2042 by Bill Gates. Cut loss or keep for 20 years !!!!

Posted by investmalaysia618 > 2022-06-02 15:40 | Report Abuse

wah, will lose for many quarters to come? they got enough cash to fight the war? billion wasted in the sbb

Posted by NatsukoMishima > 2022-06-02 15:52 | Report Abuse

@
210 posts

Posted by smartgood > 1 hour ago | Report Abuse

Early this year I bought 2-38 lucky cut loss at 2-20. If kept until now loss so much. So scary.
_____________
That s y people said " dont fight with the trend " dont die die stick with the fundamental theory , when time to run u must cut loss fast fast n dont look back , harta will drop to rm 2.xx , if u still hold then i respect u !

Posted by NatsukoMishima > 2022-06-02 15:54 | Report Abuse

Bravo EPF continue to dump until 1 % or even 0 stock !

Posted by NatsukoMishima > 2022-06-02 15:56 | Report Abuse

40 sens × 3 = rm 1.20
Buy batch by batch from 40 sens !

imvu

7,888 posts

Posted by imvu > 2022-06-02 16:01 | Report Abuse

besok rebound menyesal

Loh Kok Wai W

3,699 posts

Posted by Loh Kok Wai W > 2022-06-02 16:09 | Report Abuse

rebound pun tak banyak lah...lepas .tolak fees, just untung kopi,telor n roti...

Posted by bullmarket1628 > 2022-06-02 16:22 | Report Abuse

Oh my goodness, Topglov dropped till now at RM1.26
it was giving bonus issue 3 for 1
Then price now RM1.26 should * 3
which now still value at RM3.78
before bonus issue...

Am I right ?

Posted by prudentinvestor > 2022-06-02 16:23 | Report Abuse

The bonus was 2 for 1. If you had 1,000 shares then, you have 3,000 today if you haven't sold. I remember it went up to over RM27 a share. After the bonus, it was trading at over RM9 a share. It almost dethroned Maybank to become the company with the largest market capitalization listed on Bursa Malaysia. Today its market cap is only slightly above RM10 billion. Maybank's market cap is over RM100 billion.

ken2004

1,642 posts

Posted by ken2004 > 2022-06-02 16:30 | Report Abuse

@DannyArcher

Cash rich or not also this company is financially good, 600 million++ cash as of feb 2022

fortunefire

1,503 posts

Posted by fortunefire > 2022-06-02 16:30 | Report Abuse

those were the days.....

Filifawa

224 posts

Posted by Filifawa > 2022-06-02 16:32 | Report Abuse

Previously a someone said lepak here only woh... renew fd at higher interest rate woh... also praise tansri non stop... but what happen now eh

Posted by NatsukoMishima > 2022-06-02 16:33 | Report Abuse

Top glove = karex = world no.1 !

Posted by investmalaysia618 > 2022-06-02 16:34 | Report Abuse

tan sri bring many people to holland including tropicana

Posted by NatsukoMishima > 2022-06-02 16:34 | Report Abuse

Next week become penny stock already if EPF non stop dumping kaw kaw !

Posted by NatsukoMishima > 2022-06-02 16:35 | Report Abuse

8xx million paper loss !

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