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 1 day ago

mach10

372 posts

Posted by mach10 > 2022-06-09 14:30 | Report Abuse

mass retrenchment is necessary .life is tough for the poor. sorry.

jimjim111

10 posts

Posted by jimjim111 > 2022-06-09 14:33 | Report Abuse

more challenging ahead … minimum wage implementation, too much capacity, more competition and continuously lower and lower ASP, profit getting lower and lower per Q.

Posted by NatsukoMishima > 2022-06-09 14:36 | Report Abuse

EPS = 0.19 sen not rm 0.19 ! All newbie must be careful read the report ! This is die die also want saving face qr otherwise comfirmed net loss already ! This is penny stock eps level not klci30 , not fortune 500 level , not hk listing level !!
Conclusion : Top glove = karex = world no.1 manufacturer = proud of bursa market !!!

SNbright

53 posts

Posted by SNbright > 2022-06-09 14:36 | Report Abuse

Coming quarter results will be worse compare this quarter, From June ASP TG Just offered 18.00 ASP compare 21 - 22.00 in the previous month,
Prepare to close shop liao

i3lurker

14,177 posts

Posted by i3lurker > 2022-06-09 14:37 | Report Abuse

thats why 15,000 workers
taking into account further drops

the current conditions requires 17,000 workers

you can only cut once
otherwise the drop in morale is a sure road to bankruptcy
many people make this mistake of continous cuts every month
sure die


jimjim111

more challenging ahead … minimum wage implementation, too much capacity, more competition and continuously lower and lower ASP, profit getting lower and lower per Q.

32 seconds ago

Posted by NatsukoMishima > 2022-06-09 14:38 | Report Abuse

No more waiting , EPF start dumping robot kaw kaw ! Dump until 50 sens !

JN88

11,670 posts

Posted by JN88 > 2022-06-09 14:39 | Report Abuse

Sell to Mahsing, I heard Mahsing want to be number 1

JN88

11,670 posts

Posted by JN88 > 2022-06-09 14:39 | Report Abuse

Topglov should sell their factory to Mahsing

Posted by NatsukoMishima > 2022-06-09 14:40 | Report Abuse

Can anyone share your feeling if your entry price > rm 3 n still hold tg ?

Posted by NatsukoMishima > 2022-06-09 14:41 | Report Abuse

Mahsing also want to sell to tg !

SNbright

53 posts

Posted by SNbright > 2022-06-09 14:44 | Report Abuse

HAHAHA
Mah Sing looking for buyer to buy their gloves business at a loss and no body seems like interested

ken2004

1,642 posts

Posted by ken2004 > 2022-06-09 14:44 | Report Abuse

Actually, all glove stock dropping, where got so called losses, it is just money been distributed out to others, mention share buyback losses 1 billion++ but indirectly those are from profit of over how many billions that 2 years, so indirectly it is like left hand right hand to me only, surely cannot compare to us with real money betting lol, so you want to worry how the company and big bosses losses? Only us if buy in peak in losses but surely there is alot earning big bonus already, this is stock market, up and down, even if you rush to buy oil now, if out of sudden not in favour anymore, still will drop back, nothing up forever, it is based on timing when to buy and cut only, don't compare yourself with the company and big bosses lol as they are not selling their shares like us to earn profit frequently.......

mach10

372 posts

Posted by mach10 > 2022-06-09 14:45 | Report Abuse

the boss is trying to support the share px today. the downtrend continues tomorrow.

SinGor

4,891 posts

Posted by SinGor > 2022-06-09 14:46 | Report Abuse

sell TG to MahSing then you got new brand---- "Sing Sing Brand" ( Gorilla )

GlovesOff

2,499 posts

Posted by GlovesOff > 2022-06-09 14:47 | Report Abuse

Ken where is your Barbie proxy ularsawa haha

mach10

372 posts

Posted by mach10 > 2022-06-09 14:47 | Report Abuse

bursa is not for greenhorns.

mach10

372 posts

Posted by mach10 > 2022-06-09 14:51 | Report Abuse

ularsawa has become snake soup .yummy.

ken2004

1,642 posts

Posted by ken2004 > 2022-06-09 14:52 | Report Abuse

Surely, you ask me still can buy glove stock, i really don't know, but if you ask me tg will become pn17,delisted, bankrupt, i said definitely no lol for this year or even next year.

mach10

372 posts

Posted by mach10 > 2022-06-09 14:55 | Report Abuse

pros wait for imminent rebound

GlovesOff

2,499 posts

Posted by GlovesOff > 2022-06-09 14:56 | Report Abuse

Surely you ask glovefenders 9 to 1 also can buy

i3lurker

14,177 posts

Posted by i3lurker > 2022-06-09 14:56 | Report Abuse

you are supposed to set a cut loss at 10% to 25%
depending on your risk appetite

its a bit too late now, rite?

NatsukoMishima

Can anyone share your feeling if your entry price > rm 3 n still hold tg ?

10 minutes ago

ken2004

1,642 posts

Posted by ken2004 > 2022-06-09 15:00 | Report Abuse

This is the thing to set cut loss, just one thing i m curious, no mention of cukai makmur yet to tg......

i3lurker

14,177 posts

Posted by i3lurker > 2022-06-09 15:05 | Report Abuse

I am only curious about the Bankruptcy Snake punya FD interest this QR
Snake forgot to renew the FD interest.
Snake only renewed the Principal.

later Snake will be informed that the bank had just become a Swiss Bank
in Swiss Banks you no get interest ... you pay the bank interest instead...

Posted by investmalaysia618 > 2022-06-09 15:08 | Report Abuse

anyone can share the telegram group link?

Posted by investmalaysia618 > 2022-06-09 15:11 | Report Abuse

where got people buy share for dividend one?? buy share is for capital appreciation. for dividend better put inside epf

matklse

385 posts

Posted by matklse > 2022-06-09 15:12 | Report Abuse

looks like bottom out already, no gap down :(

Income

11,742 posts

Posted by Income > 2022-06-09 15:15 | Report Abuse

Snake you better come out here to defend yourself. Every one shoots Snake.

Filifawa

224 posts

Posted by Filifawa > 2022-06-09 15:15 | Report Abuse

Snake working hard at KFC outlet scrubbing toilet bowl for customers

rr88

6,532 posts

Posted by rr88 > 2022-06-09 15:24 | Report Abuse

Bear trap. Cannot. Index will come down and cruise past 1500 without any resistance. Sell/stay away.

nicholas99

9,863 posts

Posted by nicholas99 > 2022-06-09 15:24 | Report Abuse

uncle lim buying again?

matklse

385 posts

Posted by matklse > 2022-06-09 15:24 | Report Abuse

Ular already swimming with fish in the sea off Pinang bridge

Loh Kok Wai W

3,699 posts

Posted by Loh Kok Wai W > 2022-06-09 15:27 | Report Abuse

snake sendiri pun keno sakit...semua keno harga mahal....5.00,4.00,3.00...2.00......

i3lurker

14,177 posts

Posted by i3lurker > 2022-06-09 15:27 | Report Abuse

thanks rr88


rr88

Bear trap. Cannot. Index will come down and cruise past 1500 without any resistance. Sell/stay away.

2 minutes ago

FabioDulan

245 posts

Posted by FabioDulan > 2022-06-09 15:36 | Report Abuse

A laughable financial result where its net profit margin is only 1%.
We put into commercial bank fixed deposit rates even better than 1% returns.
Topglove's business just doesn't worthy anymore
NTA is still 0.70 and share price is just too overvalued

FabioDulan

245 posts

Posted by FabioDulan > 2022-06-09 15:37 |

Post removed.Why?

FabioDulan

245 posts

Posted by FabioDulan > 2022-06-09 15:38 | Report Abuse

If the company use its money put into commercial bank FD also returns better than its latest 1% net profit margin lah! Use ur brain!

FabioDulan

245 posts

Posted by FabioDulan > 2022-06-09 15:39 | Report Abuse

Next quarter should be loss making so be prepared

Posted by investmalaysia618 > 2022-06-09 15:39 | Report Abuse

that time glove supporters say bursa not fair la manipulation la delist in klse and listed in overseas la etc. this kind of results better stay here. else will become a joke for others

Ryan83

1,835 posts

Posted by Ryan83 > 2022-06-09 15:48 | Report Abuse

Next quarter result definitely loss making as TG needs to pay few hundred millions cukai makmur to government and glove selling price will be lower than production cost

DannyArcher

1,258 posts

Posted by DannyArcher > 2022-06-09 15:49 | Report Abuse

Last time glove supporter all say got hidden hands lah, banker push low to collect lah… market is always forward looking and market was right and is right… majority saw this day coming. Some dare say TG will be fortune 500 co soon, got 2b profit lah…. Again, market will be right.

matklse

385 posts

Posted by matklse > 2022-06-09 15:49 | Report Abuse

if top glove listed in NYSE and cooking its book. Bursa refused to co-operate like China did, the US will be sending their aircraft carriers.

Posted by investmalaysia618 > 2022-06-09 15:50 | Report Abuse

Markets are never wrong, opinions often are

Filifawa

224 posts

Posted by Filifawa > 2022-06-09 15:52 | Report Abuse

Glovetards sniffed too much gloves lol

Posted by investmalaysia618 > 2022-06-09 16:12 | Report Abuse

yes dont listen. develop your own opinion and act accordingly to the share price

ken2004

1,642 posts

Posted by ken2004 > 2022-06-09 16:15 | Report Abuse

glove selling price will be lower than production cost? This is interesting as new comer should all close shop if like this, need insider people to tell us whether this is possible or not as if selling in losses might as well i don't sell right or cut production.......maybe we will see whether they will close factory and reduce operating line.......

GlovesOff

2,499 posts

Posted by GlovesOff > 2022-06-09 16:17 | Report Abuse

Can sue tg ah under their motto of "never lose shareholders money" hahaha ... laoyas feel free to chip in

GlovesOff

2,499 posts

Posted by GlovesOff > 2022-06-09 16:19 | Report Abuse

Ken all of us miss your Barbie tapeworm ... saw him take order , mend cashier , wash plates at menara tg canteen

sinojab

103 posts

Posted by sinojab > 2022-06-09 16:23 | Report Abuse

sales 1.46b
cost 1.48b
what a choke

sinojab

103 posts

Posted by sinojab > 2022-06-09 16:24 | Report Abuse

no bad debts?

SinGor

4,891 posts

Posted by SinGor > 2022-06-09 16:28 | Report Abuse

I think EPF is blocking now, they have 400mil of undisposed Stock. They have to dump but not at a terrible
loss ( this Qr Cost more than Revenue...some-more benefit from SuperMax loosing underwear in USA....

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