TOP GLOVE CORPORATION BHD

KLSE (MYR): TOPGLOV (7113)

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Last Price

1.07

Today's Change

0.00 (0.00%)

Day's Change

1.05 - 1.10

Trading Volume

14,911,000


72 people like this.

203,217 comment(s). Last comment by xiaoeh 9 hours ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-14 11:21 | Report Abuse

Clever one is not those keep averaging down one leh. Clever one know is downtrend still averaging down non stop also will not make your average price close to current price leh. How to exit if your price is still far away from current price leh. Must find a way to exit in order to be close to current price. This is common sense leh. Haiyoh. Correct?

Posted by StartOfTheBull > 2022-08-14 11:27 | Report Abuse

Harta no share split now RM2.00 only.
TG last share split 2 for 1. So it is now 85.5c X 3 = RM2.57.
Overvalued or not?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-14 11:29 | Report Abuse

Haiyoh takda new posted ke. No budget ke. Cannot afford to print new posters ke. Kesian. Jadi penkritik takda cukup budget ke. Keep recycle the old posters kem. Haiyoh. Correct?


Posted by MoneyMakers > 5 minutes ago | Report Abuse

TG prepandemic price was rm1.5 with EPS 4sen

Now EPS left 0.1sen

So TP 10sen-20sen definitely possible

P/s: Wait nxt QR out another JP Morgan TP downgrade (now 65sen)


MoneyMakers

6,689 posts

Posted by MoneyMakers > 4 minutes ago | Report Abuse

Nobody can fight china biz

They got cheap land (factory expansion) & cheap labor..their glove biz expand 10x-15x

See JP Morgan TP drop until 65sen alrdy know TG finished


MoneyMakers

6,689 posts

Posted by MoneyMakers > 4 minutes ago | Report Abuse

Friday drop just 1st day drop

If continue drop monday, will see bigger bloodbath (margin call)

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-14 11:31 | Report Abuse

Taikor is dragonhead leh. Must ada sikit premium one leh. Harta tu apa ranking in the world. Drop already leh. Still can worth so much kah. Must be at better discounted price lah. Haiyoh. Correct?

Posted by StartOfTheBull > 2 minutes ago | Report Abuse

Harta no share split now RM2.00 only.
TG last share split 2 for 1. So it is now 85.5c X 3 = RM2.57.
Overvalued or not?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-14 11:36 | Report Abuse

How can Harta worth more than Taikor leh. Not valid leh. Taikor in world no 1 leh. Harta ranking pun not no 2 leh. Can worth almost same as Taikor meh. Cannot leh. Not valid leh. Must be lower lah. Thats why the price is overvalued leh. Not dragonhead and more valuable than Taikor mana boleh leh. Correct?

GlovesOff

2,499 posts

Posted by GlovesOff > 2022-08-14 11:36 | Report Abuse

Haha pity ular fire fighting 24/7 ... still no light end of tunnel

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-14 11:38 | Report Abuse

Hidup Taikor. Hidup Tan Sri. Taikor is world no 1 leh. No one can replace Taikor at the moment leh. Not even China Intco or BlueSail leh. Dunno why ada penkritik keep tripod China so much leh. Macam pun penkianat leh. Haiyoh. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-14 11:41 | Report Abuse

Tiger Top macai sure mari kah. Thanks for your help so far Ular appreciate your reminder cakap taikor is not worth so high price leh. Without you selalu kritik ular still tinggal condo di tingkat 4 leh. Kamsahamnida. Correct?

Posted by GlovesOff > 1 minute ago | Report Abuse

Haha pity ular fire fighting 24/7 ... still no light end of tunnel

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-14 11:50 | Report Abuse

Haiyoh Ular very kesian ini JPM macai leh. Keep reposting the old recycle banners lagi leh. Why must chop the last post in taikor forum kah. Scare no one see your banner kah. Kesian. Correct?


Posted by MoneyMakers > 1 minute ago | Report Abuse

TG prepandemic price was rm1.5 with EPS 4sen

Now EPS left 0.1sen

So TP 10sen-20sen definitely possible

P/s: Wait nxt QR out another JP Morgan TP downgrade (now 65sen)


MoneyMakers

6,689 posts

Posted by MoneyMakers > 1 minute ago | Report Abuse

Nobody can fight china biz

They got cheap land (factory expansion) & cheap labor..their glove biz expand 10x-15x

See JP Morgan TP drop until 65sen alrdy know TG finished


MoneyMakers

6,689 posts

Posted by MoneyMakers > 1 minute ago | Report Abuse

Friday drop just 1st day drop

If continue drop monday, will see bigger bloodbath (margin call)

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-14 11:50 | Report Abuse

Thats why in the past many harta promoters mari sini blow water cakap Harta is replacing Taikor position leh. Now proven kenot right. So dont action cakap Harta is the best lah. Orang kira world ranking one lah. Not just in Msia leh. Only Taikor can be the dragonhead leh. Not Harta leh. Haiyoh. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-14 11:52 | Report Abuse

Now Harta kena dumped by investors and many shortists pun short the company like no tomolo leh. Why leh. Many takda realised it right. Bcos harta is the last to show the revenue and profit drop one leh. Macam time lag leh. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-14 11:58 | Report Abuse

So Ular hope those Harta promoters tak mau mari sini cakap action action again leh. Ular see also beh tahan mau kutuk Harta leh. Same as those kossan and Supermax promoter leh. Dont come here cakap they are better than Taikor ok. Ular will kutuk them also leh. Why leh. Bcos there are Taikor competitor leh. Hidup Taikor. Hidup Tan Sri. Haiyoh. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-14 12:09 | Report Abuse

Ada nampak or not. Tan Sri pun ada cakap leh. Taikor still produce latex gloves alot leh. If latex raw material cost ada turun also benefit Taikor more than others leh. Taikor can leverage more on latex gloves than other nitrile gloves makers leh. Hope still ada lagi leh. Pray harder lah. .Haiyoh. Correct?


Natural rubber latex prices are expected to normalise after wintering season ends, Top Glove said.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-14 12:14 | Report Abuse

Every penkritik pun takda tulis all the good points one leh. Only listened to Harta boss cakap only leh. Taikor boss cakap one tak mau dengar. Apalah. Siapa Taikor sekarang. Harta kah. Bukan right. Then why everyone listened to Harta boss cakap one leh. Cannot wait for next month Tan Sri cakap one kah. Taikor QR cover 2 mths July and Aug earlier than the rest of glove makers leh. Baru kira the latest gloves outlook leh. Why listened to outdated data from the rest lah. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-14 12:20 | Report Abuse

Ada anymore penkritik mau kritik Taikor or not. Want to kritik dont play broken record again and again macam pun takda new ideas to kritik kah. Kesian. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-14 12:38 | Report Abuse

If no more penkritik mau kritik. Ular mau makan lunch liao. So thirsty after talked so much at here. Mau quench the thirst later with ice lemon tea. Correct?

Income

12,081 posts

Posted by Income > 2022-08-14 13:18 | Report Abuse

Relax lah, listen to this song…

https://youtu.be/RvSZSEZBv8o

Income

12,081 posts

Posted by Income > 2022-08-14 13:39 | Report Abuse

Enjoy this song HUTANG
https://youtu.be/4xpGk4iEwts

Posted by Nightblade > 2022-08-14 13:44 | Report Abuse

T P 0.40 +/- 0.10

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-14 13:49 | Report Abuse

Ular mau highlight sikit lagi. Last QR Bulan 3 4 5 average bulk latex rm6.83 rm6.65 rm7.01. Coming QR bulan 6 7 8 average bulk latex rm6.32 rm5.32 rm5.28 so far for Aug. So the is a great reduction of latex price. Hope can help taikor sikit to mitigate the spriral cost. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-14 13:50 | Report Abuse

Mau TP 20 pun ada. Mau TP 10 pun ada. What is 40 sen. Not the lowest pun. Correct?

Nightblade

T P 0.40 +/- 0.10

4 minutes ago

Income

12,081 posts

Posted by Income > 2022-08-14 13:51 | Report Abuse

Enjoy this Song
https://youtu.be/yCi5QMBtPQg

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-14 13:55 | Report Abuse

Ular tengah makan pun mari sini intip ada penkritik kutuk Taikor or not. No wonder so many cakap Ular is a promoter at here. Kesian Ular dah addicted nak defend taikor ni. But ular bukan promoter leh. Ular only Taikor Friendly leh. Why leh. Ular really kesian Taikor leh. all the promoters pun takda seorang keluar to defend Taikor leh. Semua pun hiding in the cave nursing the wounds leh. Only Ular takda wound to nurse leh. Need the Taikor friendly one to do the job leh. Haiyoh. Correct?

Income

12,081 posts

Posted by Income > 2022-08-14 13:55 | Report Abuse

Enjoy this song…
https://youtu.be/TkyW55fexwY

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-14 13:57 | Report Abuse

How to rileks and enjoy the song when Taikor kena attacked by penkritik leh. Still ada mood meh. Correct?

Income

Enjoy this Song
https://youtu.be/yCi5QMBtPQg

3 minutes ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-14 13:58 | Report Abuse

Ular continue my lunch. Kesian nak makan pun takda selera. Haiyoh. Correct?

Income

12,081 posts

Posted by Income > 2022-08-14 14:00 | Report Abuse

Enjoy this song
https://youtu.be/1KugBBJP1SM

i3lurker

14,274 posts

Posted by i3lurker > 2022-08-14 15:05 | Report Abuse

1 Dato put it this way ...

Those want a latex glove product banned by US FDA have no money to pay for it. eg Sri Lanka
Those who have money to pay for it do not want a product banned by US FDA, they will only buy nitrile gloves.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-14 15:12 | Report Abuse

US import mana ada latex gloves from Taikor or Others lah. Never see US import gloves report one kah. Other countries still using leh. You dunno kah. Haiyoh. Correct?

i3lurker

1 Dato put it this way ...

Those want a latex glove product banned by US FDA have no money to pay for it. eg Sri Lanka
Those who have money to pay for it do not want a product banned by US FDA, they will only buy nitrile gloves.

5 minutes ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-14 15:14 | Report Abuse

Haiyoh. Why delete repost delete repost lagi kah. Ular pun ada repost your banner mah. Still want to repost lagi meh. Haiyoh. Correct?


MoneyMakers

TG prepandemic price was rm1.5 with EPS 4sen

Now EPS left 0.1sen

So TP 10sen-20sen definitely possible

P/s: Wait nxt QR out another JP Morgan TP downgrade (now 65sen)

49 minutes ago


MoneyMakers

Nobody can fight china biz

They got cheap land (factory expansion) & cheap labor..their glove biz expand 10x-15x

See JP Morgan TP drop until 65sen alrdy know TG finished

48 minutes ago


MoneyMakers

Friday drop just 1st day drop

If continue drop monday, will see bigger bloodbath (margin call)

48 minutes ago

Posted by StartOfTheBull > 2022-08-14 15:21 | Report Abuse

Let's consider this:
Who wants to invest 85.5c a share for a return of equity at 0.1c only?
The world is now flooded with gloves supplies and competitors are fighting among themselves for the limited market share. How to see a bright future ahead for gloves makers? Maybe only an unexpected event happens that can help to push up the price and demand for gloves.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-14 15:29 | Report Abuse

Taikor pun ada cleanroom gloves juga leh. Mana takda. Taikor many gloves pun ada lah. Now riverstone QR showed they making rm100 mil net profit bcos of cleanroom gloves ASP still reasonably high. Their capacity pun about 10bil only with 20% producing Cleanroom gloves. With 100 net profit even beat Harta last Qtr profit leh. Taikor dunno Cleanroom gloves selling how many leh. Taikor ada 4 types of nitrile and latex cleanroom gloves leh. Maybe selling like hotcake pun possible leh. Mana tau right. Riverstone entered the correct segment as a leader in cleanroom glove maker. thats why still making good profit leh. Taikor need to catch up leh. Haiyoh. Correct?


yfchong

Lets see what are the cards in TG hand now. Shift from nitrile to clean room.like riverstone is managing now lets see the chess players on the game.

4 hours ago


UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-14 15:31 | Report Abuse

Mostly pun medical gloves expansion caused it oversupply lah. Riverstone clever leh. Enter cleanroom glove segment earlier leh. Taikor pun can catch up as Taikor pun ada cleanroom gloves mah. Apa Taikor cannot produce one. Takda lor. Correct?

StartOfTheBull

Let's consider this:
Who wants to invest 85.5c a share for a return of equity at 0.1c only?
The world is now flooded with gloves supplies and competitors are fighting among themselves for the limited market share. How to see a bright future ahead for gloves makers? Maybe only an unexpected event happens that can help to push up the price and demand for gloves.

7 minutes ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-14 15:40 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-14 15:41 | Report Abuse

Pakai lah common sense to talk. Pankai backside juga comment ni. Haiyoh. Correct?

Posted by WinBigOrLoseAll > 2022-08-14 15:44 | Report Abuse

the root cause is due to China, China can offer gloves in extremely cheap price.
Top 4 can kill the small gloves in MY, however they will be killed by the whale gloves from China

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-14 15:50 | Report Abuse

Ya true but why Bluesail loss making for the past 2 qtrs if they are cheap. How about Intco china largest glove maker last Qtr pun left cny83 mil profit margin only left 3.65% leh. Why why why. Tell me why. If they are so cheap. Haiyoh Correct?

WinBigOrLoseAll

the root cause is due to China, China can offer gloves in extremely cheap price.
Top 4 can kill the small gloves in MY, however they will be killed by the whale gloves from China

23 seconds ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-14 15:57 | Report Abuse

Any more penkritik. Ular repeat Ular is Taikor Friendly only. Not promoter ok. Ular atas pagar duduk cc66 lagi. Why leh. Ular sudah cakap reasons ok. Mau tau rewind dvd sendiri find the answer ok. Haiyoh. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-14 16:00 | Report Abuse

Ya kah. Really. Then why Taikor sales revenue still so high lagi leh. Correct?


MoneyMakers

According to MARGMA, 2022 glove demand @ 399Bil pcs (2021 @ 492Bil pcs)

Kenanga estimates 2022 glove supply currently @ 511Bil pcs

Thats 112Bil pcs glove CRAZY OVERSUPPLY

P/s: MY prod 240Bil pcs / TG production capacity 100Bil pcs

22 seconds ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-14 16:03 | Report Abuse

Taikor sales revenue from the whole world lah. Mau tau sikit leh. Which country takda use Taikor made gloves leh. Kira using your fingers pun can count lah. Takda baca Taikor report kah. Haiyoh. Correct?

i3lurker

14,274 posts

Posted by i3lurker > 2022-08-14 16:04 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-14 16:07 | Report Abuse

Thats why Ular like Taikor bcos Taikor carry Jalur Germilang di seluruh dunia lah. Siapa can do that in Msia lah. Harta kah. Kossan kah. Supermax kah. Takda lah. Only Taikor lah. Lagi mau kutuk Taikor lagi kah. Only penkianat juga yang mau Taikor banklap lah. Especially carry china balls one at here lah. Penkianat tu. Haiyoh. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-14 16:11 | Report Abuse

Haiyoh no beed repost lah. Ular pun repost for you already leh. Correct?


MoneyMakers

According to MARGMA, 2022 glove demand @ 399Bil pcs (2021 @ 492Bil pcs)

Kenanga estimates 2022 glove supply @ 511Bil pcs

Thats 112Bil pcs glove CRAZY OVERSUPPLY

3 minutes ago


MoneyMakers

Nobody can fight china biz

They got cheap land (factory expansion) & cheap labor..their glove biz expand 10x-15x

See JP Morgan TP drop until 65sen alrdy know TG finished

3 minutes ago


MoneyMakers

Friday drop just 1st day drop

If continue drop monday, will see bigger bloodbath (margin call)

3 minutes ago


MoneyMakers

Even if TG BANKRUPT, world will still have enough gloves (oversupply 112Bil pcs vs TG production 100Bil pcs)

14 seconds ago

UlarSawa

35,552 posts

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

Haiyoh mana tau your idea is not a bad idea leh. Can ask Taikor marketing dept to make hampers with Taikor series of products leh. Maybe can improve the sales leh. You can send your proposal to Tan Sri leh. Boleh?

i3lurker

no worries
can use to pay dividend
shareholders just wear the latex gloves on both hands while having sex with bare dick

onhands

160 posts

Posted by onhands > 2022-08-14 16:17 | Report Abuse

Tg nett cash reducing

Cash and cash equivalents at 1 September 2021/2020 .....RM875,198
Cash and cash equivalents at 31 May 2022/2021 .......RM485,555

CharlesT > 7 hours ago | Report Abuse

TG's cash reserve of RM1B is the lowest Big 4. Both Harta n Kossan have ard RM2B while Supermx has the most, ard RM3B...but then some of the money will go to US's expansion.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-14 16:20 | Report Abuse

Taikor cash reducing pun ada 1 bil lagi leh. Tan Sri so generous leh. Payout high dividend to shareholders leh. Pay highest taxes also leh. Donate the highest to covid fund also leh. Mana like the others keep the money in the company so kiamsiap lah. Correct?

onhands

Tg nett cash reducing

Cash and cash equivalents at 1 September 2021/2020 .....RM875,198
Cash and cash equivalents at 31 May 2022/2021 .......RM485,555

CharlesT > 7 hours ago | Report Abuse

TG's cash reserve of RM1B is the lowest Big 4. Both Harta n Kossan have ard RM2B while Supermx has the most, ard RM3B...but then some of the money will go to US's expansion.

16 seconds ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-14 16:22 | Report Abuse

Taikor still ada royal customers lah. Else how to generate 1.45bil sales revenue lah. You keep asking same questions tak bosan ke. Or tak faham ingeris kah. Correct?

MoneyMakers

China price war has started!!

MBB - “China glove makers currently selling gloves below USD20 while MY glovemakers ASP between USD22-USD24”

26 seconds ago


MoneyMakers

Glove industry no more ‘customer loyalty’ after crazy price gouging during pandemic (charge ASP 10x higher)

Lowest bidder (China) will steal away customers

11 seconds ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-14 16:23 | Report Abuse

China bluesail loss making leh. Intco profit plunged juga lah. Why you still carry china balls to attack Taikor lah. You penkianat right. Correct?


UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-14 16:25 | Report Abuse

Ular never see penkianat so determined want Taikor banklap one leh. Woi. You cinaman kah. Haiyoh. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-14 16:31 | Report Abuse

Ok lah. Enuf lepak for today. Hope tomolo taikor can tahan the price from falling again. Only hope is Tan Sri beli saham lagi to show his determination to sapot the price. Even though everytime also failed at the end. Pasal someone using Tan Sri buy saham to dump more saham. Pasti one day Short Squeeze will happen lah. When dunno lah. Only God know lah. Correct?

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