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

matklse

385 posts

Posted by matklse > 2022-06-09 16:29 | Report Abuse

Sapngr, SerbaD, now TG, more and more Malaysian swimming with fishes in the sea off Pinang Bridge, maybe JB-SG bridge as well.

i3lurker

14,177 posts

Posted by i3lurker > 2022-06-09 16:30 | Report Abuse

must ask the Snake whether the difference of 2 is due to Snaky billing by him to TG


sinojab

sales 1.46b
cost 1.48b
what a choke

5 minutes ago

ken2004

1,642 posts

Posted by ken2004 > 2022-06-09 16:31 | Report Abuse

LOL, why so obsess with people, as usual need to diversify your stock mostly, surely those who cut did the right decision, well really depends on yourself to earn money in stock market, here is just all talk only lol, whether this can earn money or not, who knows lol, buy low sell high the concept, you chase high, then the risk is always there, nothing go up forever......

matklse

385 posts

Posted by matklse > 2022-06-09 16:36 | Report Abuse

normally retail investors won't cut loss lah, 10 out of 10 will buy, hold tight tight, peluk peluk sama-sama jump off a bridge somewhere.

GlovesOff

2,499 posts

Posted by GlovesOff > 2022-06-09 16:39 | Report Abuse

Referring to the Hidup Tansuey tapeworm?
*******
why so obsess with people

Posted by investmalaysia618 > 2022-06-09 16:40 | Report Abuse

We can go save them and get reward from gov
---
matklse

Sapngr, SerbaD, now TG, more and more Malaysian swimming with fishes in the sea off Pinang Bridge, maybe JB-SG bridge as well.

GlovesOff

2,499 posts

Posted by GlovesOff > 2022-06-09 16:41 | Report Abuse

They coined it as renewing fd at high interest rate haha some glamour & egoistic term for avging down
*********
normally retail investors won't cut loss lah

i3lurker

14,177 posts

Posted by i3lurker > 2022-06-09 16:48 | Report Abuse

best just do momentum trading

if up just hold until next down 10% then sell
if down cut lost at 10%

Guaranteed profits this way and no need to bother about Snakes.

Income

11,742 posts

Posted by Income > 2022-06-09 16:50 | Report Abuse

Snake is afraid to come out. It’s suffering from deflated balls… fast becoming Pin balls only. Run road from Ah Longs lah. Pity Snake lah.

Income

11,742 posts

Posted by Income > 2022-06-09 16:52 | Report Abuse

But why TG prices still solid upside??? How come? You all shoot Snake and Tan Sri, but TG price still pretty solid. How?

nicholas99

9,863 posts

Posted by nicholas99 > 2022-06-09 16:56 | Report Abuse

now is glove goreng goreng ma. u see carepls and hlt also green..

matklse

385 posts

Posted by matklse > 2022-06-09 17:05 | Report Abuse

Maybe dead cat bounces to spare some relief to bridge jumpers.

Income

11,742 posts

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

Maybe they still have high hopes because TG stopped free falls already.
Bridge jumpers, love you life. Don’t jump. You only live once. No second life if you jump.

i3lurker

14,177 posts

Posted by i3lurker > 2022-06-09 17:13 | Report Abuse

nobody wants to sell at low price
the handwashing will continue until completely sold then jump off cliff
dun believe?
ask rr88 and many others with decades of experience

Income

11,742 posts

Posted by Income > 2022-06-09 17:15 | Report Abuse

I need you opinion. Will bridge jumper off Penan Bridge will register 100% fatality? Because sea water absorbs drop impacts. Like Panda Lela jump from platform diving also still survive lah.
If jump from Klcc, sure die one.

matklse

385 posts

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

just wondering, who will take ownership of their TG stocks if they jumped? TG or their brokers will pocket them if they are still worth anything?

Income

11,742 posts

Posted by Income > 2022-06-09 17:20 | Report Abuse

Government take deceased money or shares or anything valuables lah.
You want to take dead people money?

—-

matklse
just wondering, who will take ownership of their TG stocks if they jumped? TG or their brokers will pocket them if they are still worth anything?
09/06/2022 5:17 PM

matklse

385 posts

Posted by matklse > 2022-06-09 17:29 | Report Abuse

TG shares will become hell money anyway, why would anybody want them? maybe hang it on their wall as a sad reminder for others not to peluk peluk stocks until they become worthless?

Income

11,742 posts

Posted by Income > 2022-06-09 17:31 | Report Abuse

I need you opinion. Will bridge jumper off Penan Bridge will register 100% fatality? Because sea water absorbs drop impacts. Like Panda Lela jump from platform diving also still survive lah.
If jump from Klcc, sure die one.

—-
matklse
Sapngr, SerbaD, now TG, more and more Malaysian swimming with fishes in the sea off Pinang Bridge, maybe JB-SG bridge as well.
09/06/2022 4:29 PM

i3lurker

14,177 posts

Posted by i3lurker > 2022-06-09 17:33 | Report Abuse

agree

Can I advise you something?
coz China 100% confirmed and maybe US will be self sufficient in Gloves

its downhill all the way for Top Gloves unless they invent a Time Travel Machine or something ...

matklse

385 posts

Posted by matklse > 2022-06-09 17:40 | Report Abuse

build new condom production lines lah, it will solve climate change in the long run, for sure will get foreign investment if it's climate change-related.

gohkimhock

3,110 posts

Posted by gohkimhock > 2022-06-09 17:50 | Report Abuse

omfg, it is worse than pre-covid..

Income

11,742 posts

Posted by Income > 2022-06-09 18:09 |

Post removed.Why?

yfchong

5,863 posts

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

Habis lah

Income

11,742 posts

Posted by Income > 2022-06-09 18:12 | Report Abuse

Using speermicide is 100% no pregnancy one. Have u try speermicide before? Guarantee no pregnancy surprises later on

mita29

1,064 posts

Posted by mita29 > 2022-06-09 18:15 | Report Abuse

0.19 eps, lots of cheap penny stocks earn more than that..

stevenckheng

1,338 posts

Posted by stevenckheng > 2022-06-09 18:16 | Report Abuse

mostly due to cukai makmur , ASP & rising cost ? profit margin so low

ken2004

1,642 posts

Posted by ken2004 > 2022-06-09 18:21 | Report Abuse

lol funny to me actually, who will make glove then if all said will sell in losses, so the world don't need glove anymore after covid? if all said only china can survive with glove production, then everything in malaysia can close shop already since everything produce cheaply in china lol, do condom? then buy condom stock will do, but if china or any country do condom also, the condom company in malaysia also sure bankrupt wan, if all said follow this concept lol, yes I understand company can close shop if stiff competition, don't make sense to me why out of sudden the top producer need close shop but those new comer not going to close shop then? Seriously, even before TG turn to close shop, long long q before them, look at all the PN17 list.......those now in heavy debts also not yet close shop lol after 2 years..........

mita29

1,064 posts

Posted by mita29 > 2022-06-09 18:23 | Report Abuse

Operating cost more than revenue. Rubber cost up, labor cost up, everything up but selling price down. Congrats to tg short sellers.. Big fat year covering below rm1

i3lurker

14,177 posts

Posted by i3lurker > 2022-06-09 18:35 | Report Abuse

my old data was like this...

latex up 50%
butadiene fluctuate between up 200% to up 300%
compared to pre-covid

HR up RM300.00 (or RM600.00 if overtime) per mth
if no OT then RM3,600.00 per year

loan amortization say RM20,000.00 to RM40,000.00
amortized over 5 to 10 years means ~ RM4,000.00 per worker per year

4 inch mattresses and new housing ? ~ RM1,200 per worker per year

electricity up 18.4%

PPE ~ RM400.00 per worker per year

c2k9791

274 posts

Posted by c2k9791 > 2022-06-09 18:37 | Report Abuse

No worries. QR out afternoon but no big drop. Should be save d.

i3lurker

14,177 posts

Posted by i3lurker > 2022-06-09 18:41 | Report Abuse

not yet finished selling
the drop only comes after selling has been completed.

now its still
LHS to RHS
RHS to LHS

which fool want to sell cheap?

matklse

385 posts

Posted by matklse > 2022-06-09 19:05 | Report Abuse

7 billion people on the planet, you telling me TG can't find a market for condoms?

Trust me lah, TG can forget about hand gloves, how much money they can't earn from that? Have to depend on a pandemic? What a sin!

Just focus on making top gloves for the little brother. If 1 million people buy TG condoms per day, the company is
already rich and fat like a pig head

Even the advertisement idea is ready, TG for your little brother, guaranteed won't be getting babies. Bill gates sure love to hear that.

matklse

385 posts

Posted by matklse > 2022-06-09 19:10 | Report Abuse

Proton is the national champion for Cars
Then TG has to be the national champion for Condoms

matklse

385 posts

Posted by matklse > 2022-06-09 19:13 | Report Abuse

Even better if you can patent the durian condom, can earn loyalty fees, and gloves with durian textures, confirmed will be the number 1 seller.

Windy1974

740 posts

Posted by Windy1974 > 2022-06-09 19:17 | Report Abuse

All the naysayers here at these moments, you were trying to RESCUE gloves investors or you are just glad that you are right? Or worst, you are happy to see others losses?
What's goes around comes around

matklse

385 posts

Posted by matklse > 2022-06-09 19:28 | Report Abuse

Talk about what goes around comes around. Those who cheered for TG during the pandemic, now suffered. And those who bought TG at RM 7, 6, 5, 4, don't they wish the pandemic never ends?

"Happy to see other losses?" Talk to the mirror, my friend.

I'm just happy that the pandemic is over and hoping that TG will change its way.

Mini2021

1,466 posts

Posted by Mini2021 > 2022-06-09 19:45 | Report Abuse

BREAKING NEWS: MAHSING going to acquire TOPGLOV and agree to PAY RM 10 per 1,000 units of shares....

DickyMe3

658 posts

Posted by DickyMe3 > 2022-06-09 19:45 | Report Abuse

LOL

Zrenxy

603 posts

Posted by Zrenxy > 2022-06-09 21:11 | Report Abuse

To prove fund managers shall be wrong....We all in Now...by then those fund managers desperato

Zrenxy

603 posts

Posted by Zrenxy > 2022-06-09 21:11 | Report Abuse

Let us all in Topglove.....Make sure fund managers did not buy before us

Zrenxy

603 posts

Posted by Zrenxy > 2022-06-09 21:19 | Report Abuse

with this valuation is purely undervalued ^^^...All buy Big before the Mr E.

Posted by investmalaysia618 > 2022-06-09 21:28 | Report Abuse

eh mana ular

rr88

6,532 posts

Posted by rr88 > 2022-06-09 21:33 | Report Abuse

Last yr made 2bil. Now make 15mil.
Naturally next qtr will make losses.
Its a side effect of pandemic euphoria.

> Panic buying to stock up. Now pandemic ending, all hospitals stores n warehouses are full of gloves. They will stop buying for a year.

=> During pandemic, all jump onto glove manufacturing bandwagon worldwide. With more supply now compared to pre-pandemic, coupled with negative demand shock stated above, first less profit compared to pre-pandemic, next tg will slip into making losses.

> Side effect of pandemic is supply chain disruption and inflation. Raw materials n equipment cost are more expensive now compared to pre-pandemic. This will impact the coming losses in coming qtrs even into deeper losses.

Conclusion: Tripple whammy all around. Share price will go down below 1.00. Stay away.

Posted by prudentinvestor > 2022-06-09 21:52 | Report Abuse

From boom to bust, profit plunged by over 90% from the same quarter last year. Investors should be smart enough to avoid such counters in future.

Posted by investmalaysia618 > 2022-06-09 21:56 | Report Abuse

below 1 is confirm. i will use 15k to support tg. 0.5 buy 10k shares, 0.4 buy 10k shares and so on until 0.1

matklse

385 posts

Posted by matklse > 2022-06-09 22:02 | Report Abuse

Next QR will be deep in red given the high oil price and labor costs. TP only 0.90
Ular currently swimming with fishes in the sea
Who buys who dies. Do you want to follow Ular into the sea?

williamtkb

3,216 posts

Posted by williamtkb > 2022-06-09 22:06 | Report Abuse

After EPF offloading all, the price will getting stable. I also dreaming 50cents. But EPF dare not sell to limit down.. LOL

yfchong

5,863 posts

Posted by yfchong > 2022-06-09 22:12 | Report Abuse

Let's see tomorrow,,

Posted by investmalaysia618 > 2022-06-09 22:13 | Report Abuse

LOL, anything is possible. with this kind of environment plus low cash reserve. 50 cents is possible

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