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.

202,996 comment(s). Last comment by xiaoeh 37 minutes ago

Posted by susunennen > 2022-06-08 11:07 | Report Abuse

If u guys still not move on, it will get worse

Filifawa

224 posts

Posted by Filifawa > 2022-06-08 11:23 | Report Abuse

Short sellers raise bets against GameStop and AMC to highest level in a year as Wall Street sees more pain ahead

Filifawa

224 posts

Posted by Filifawa > 2022-06-08 11:23 | Report Abuse

TG will also be shorted to become penny stock

Posted by Jonathan Keung > 2022-06-08 11:28 | Report Abuse

Shorties in the game

newbie8080

2,761 posts

Posted by newbie8080 > 2022-06-08 11:30 | Report Abuse

Barriers to entry for glove manufacturing seems low.
Many smaller players are able to start it easily.
However, large and established players eg: the top 4 glove makers have lower cost advantage due to their economies of scale.

Loh Kok Wai W

3,666 posts

Posted by Loh Kok Wai W > 2022-06-08 11:40 | Report Abuse

One old classic song : My Way : And now the end is near......

SNbright

53 posts

Posted by SNbright > 2022-06-08 11:44 | Report Abuse

Happy to sell all i have at 1.21
Will not touch this counter again

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-06-08 11:44 | Report Abuse

wow IB pressing down price is it?

SinGor

4,874 posts

Posted by SinGor > 2022-06-08 11:45 | Report Abuse

if T.Sri donT block today drops.........................................TG might loss 20cents by 4:50pm

Posted by investmalaysia618 > 2022-06-08 11:51 | Report Abuse

looks like the results is ugly

nicholas99

9,863 posts

Posted by nicholas99 > 2022-06-08 11:53 | Report Abuse

then run first lo.

mach10

371 posts

Posted by mach10 > 2022-06-08 11:59 | Report Abuse

the industry consolidation is going to happen in the next few years . expect the bad results for all the players in this industry for the next few years.

SNbright

53 posts

Posted by SNbright > 2022-06-08 12:03 | Report Abuse

Gloves demand dropped tremendously, most of the factories in Malaysia is running 50% of their utilization capacity, should be happy if any one of them can run 60 to 70%
Currently the world gloves is pretty overstuffed.
In China, most of the factories closed down and cleared their stock at very lowest price.
This scenario will continue in many years to come, so advisable do not touch on ALL the gloves counters

acai78

58 posts

Posted by acai78 > 2022-06-08 12:12 | Report Abuse

Tomorrow = TG will become penny...where is ularsawa???

acai78

58 posts

Posted by acai78 > 2022-06-08 12:15 | Report Abuse

0.9 will start small buy lol

i3lurker

13,932 posts

Posted by i3lurker > 2022-06-08 12:36 | Report Abuse

means Top Glove shares only worth RM0.24 each
long way to drop.


Havefun

Based on last quarter EPS of 1.09c, annual EPS about 4.36c, PE now is about 28 that is provided it profitablity stays as it is not affected by other factors like prosperity tax

1 hour ago

Plantermen

2,222 posts

Posted by Plantermen > 2022-06-08 13:12 | Report Abuse

Looking at the chart. TG looks weak but instead of all gloom and doom. I suspect the technical support is pegged at 1.00+. Just my own view

8899EL8899

2,264 posts

Posted by 8899EL8899 > 2022-06-08 13:25 | Report Abuse

TAN SRI have sold his 30% hidden shares at very good price,.......around rm7 to rm8,......he has earned more than rm3bil dividend,.......tan sri is very smart & rich guy,.......he is standby now to buy top glove at very low price,.....from 30cent to 50 cent,.........he can swallow to whole top glove,.......what to do,.........bilis always the loser,......make him become very rich,.......

Loh Kok Wai W

3,666 posts

Posted by Loh Kok Wai W > 2022-06-08 13:26 | Report Abuse

Tan Sri buy ,also drop......hahaha...don;t believe too much, better believe price drop....

Havefun

379 posts

Posted by Havefun > 2022-06-08 13:47 | Report Abuse

I think the price will follow company earnings. I hope It can turnaround soon.

8899EL8899

2,264 posts

Posted by 8899EL8899 > 2022-06-08 14:00 | Report Abuse

instead of buying top glove,.......better pick rubberex,.........you can see their business plans,.....diversify into medical technology business,.......big future ahead,.......i believe more to come,.......rubberex will keep growing,......dato` ong is a very smart & visionary man,......if you follow him , you will grow as well,......

Posted by NatsukoMishima > 2022-06-08 14:02 | Report Abuse

Will there be privatization if drop below 80 sens ??

Posted by NatsukoMishima > 2022-06-08 14:03 | Report Abuse

Do u think u got chance to run after worse qr out??

SinGor

4,874 posts

Posted by SinGor > 2022-06-08 14:05 | Report Abuse

sellers getting worry if all the throwing before noon is done by EPF, piling into 1.20 on 2nd Half

Posted by Superbull8798 > 2022-06-08 14:11 | Report Abuse

JP Morgan TP = RM 1 soon. will reach after this Friday QR release

Posted by Superbull8798 > 2022-06-08 14:13 | Report Abuse

This Friday bad QR not yet price in , once bad QR release , RM 1 , your dream will come true , JP Morgan TP =RM 1

Posted by NatsukoMishima > 2022-06-08 14:13 | Report Abuse

Now is 2022 not 2020 ! Still dream about glove maniac u will left with 50 sens !

Posted by Pgraduate123 > 2022-06-08 14:16 | Report Abuse

Glove bull run starts August 2022

ken2004

1,601 posts

Posted by ken2004 > 2022-06-08 14:34 | Report Abuse

Actually what is bad qr estimation look like? definitely below 100 million, so last qtr is 87 million++, so now what, expect 50 million below or in losses due to makmur like harta, not sure if 400-500 million losses expected?

maggiemee

2,097 posts

Posted by maggiemee > 2022-06-08 14:51 | Report Abuse

Run ah cb stockpickkkktooouuuu misleading ppl buy glove counter drop all the way from last two years

Posted by Mohd Yazid Mohd Ali > 2022-06-08 15:07 | Report Abuse

Hali hali.rugi bila mau tulun .20 cents ,tunggu .20 cents beli 1 ribu lot ,mungkin july .20 cents

Up_again

949 posts

Posted by Up_again > 2022-06-08 15:25 | Report Abuse

@ular, kan dah kata
The moment the crooked Tan Sri buy back, prepare lah for a gap down

Loh Kok Wai W

3,666 posts

Posted by Loh Kok Wai W > 2022-06-08 15:37 | Report Abuse

Tan Sri beli ,Puan Sri pun beli, family pun beli lagi...mcm mana bolih turun ? correct ? faham ? hahaha...lagi beli lagi turun.....

Loh Kok Wai W

3,666 posts

Posted by Loh Kok Wai W > 2022-06-08 15:39 | Report Abuse

Snake style answer ...faham ?correct ?

Ryan83

1,835 posts

Posted by Ryan83 > 2022-06-08 15:46 | Report Abuse

Today Hartalega drops more than Top Glove with EPF continuous selling

Loh Kok Wai W

3,666 posts

Posted by Loh Kok Wai W > 2022-06-08 16:10 | Report Abuse

tangan jgn gatal...beli mesti rugi....

SNbright

53 posts

Posted by SNbright > 2022-06-08 16:20 | Report Abuse

all big players started few months back to sell gloves counters as they have already know that it is a sunset time.

SNbright

53 posts

Posted by SNbright > 2022-06-08 16:24 | Report Abuse

not trying to misleading as this is a real facts especially EPF is disposing off all their glove counter shares, there is no doubts they still have very less andbut they are trying to let go all.

SNbright

53 posts

Posted by SNbright > 2022-06-08 16:29 | Report Abuse

Base on few months back and current Average selling pricing and factories not running in full, really hardy to believe they can make profit in this quarters and many quarters to come.

Income

11,079 posts

Posted by Income > 2022-06-08 16:29 | Report Abuse

Omg. Down.
Buyy mo mo and mo. Collect with Lorries Sampa.
Good.

Posted by investmalaysia618 > 2022-06-08 16:29 | Report Abuse

penny stock soon

Posted by NatsukoMishima > 2022-06-08 16:35 | Report Abuse

Really pity for those still hold tg from > rm 3 !

nicholas99

9,863 posts

Posted by nicholas99 > 2022-06-08 16:41 | Report Abuse

bye bye to all your money.

qcmboy

170 posts

Posted by qcmboy > 2022-06-08 16:43 | Report Abuse

who got stock on hand wait for 1 and 0.5.
Who dont have stock can buy 20% now.

Income

11,079 posts

Posted by Income > 2022-06-08 16:44 | Report Abuse

Don’t worry. Be happy lah

Income

11,079 posts

Posted by Income > 2022-06-08 16:46 | Report Abuse

Money lose… can be earned back.
But if you lose your life… you can’t come back to this world again even if you pay money to return to this Earth.

Vicky

1,568 posts

Posted by Vicky > 2022-06-08 16:47 | Report Abuse

Thx everyone for the donation. Properity loss

Posted by HuatHuatHuatLa > 2022-06-08 16:49 | Report Abuse

looking at 1.00 next week. hehe

Income

11,079 posts

Posted by Income > 2022-06-08 16:57 | Report Abuse

Thanks for your donations here. I appreciate your generosity

Income

11,079 posts

Posted by Income > 2022-06-08 16:59 | Report Abuse

Follow Tan Sri to collect. Thanks

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