TOP GLOVE CORPORATION BHD

KLSE (MYR): TOPGLOV (7113)

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Last Price

0.83

Today's Change

-0.005 (0.60%)

Day's Change

0.82 - 0.835

Trading Volume

10,964,000


70 people like this.

201,337 comment(s). Last comment by BuildBackBossku 1 day ago

sigma404

51 posts

Posted by sigma404 > 2022-12-28 12:43 | Report Abuse

Market sentiment so funny recently

geary

6,230 posts

Posted by geary > 2022-12-28 12:53 | Report Abuse

sigma404
Market sentiment so funny recently
5 minutes ago

Traders will be influenced by sentiment, momentum, geopolitical tension, pandemic crisis, so many macro n variables.
Market is unpredictable, irrational, cruel, inefficient, highly volatile, feeling of euphoria n sadness, n name it loh!?

Posted by Oldbird900 > 2022-12-28 13:13 | Report Abuse

Millions of Chinese are going overseas with border opening. Pray they will not bring deadly variants that can escape immunity all over the world that trigger may another pandemic.

geary

6,230 posts

Posted by geary > 2022-12-28 13:31 | Report Abuse

Oldbird900
Millions of Chinese are going overseas with border opening. Pray they will not bring deadly variants that can escape immunity all over the world that trigger may another pandemic.

COVID is borderless, history will repeat itself, because of greed, hatred n ignorance of humanity.

This is the Aeon of diseases n calamities, more serious pathogens will emerge, that's for sure, unless, humanity behave righteously, but it will become so terrible, then only it's a turnaround.
No other choices!?

bojed

5,064 posts

Posted by bojed > 2022-12-28 14:06 | Report Abuse

You've overshot by 30.5 sen.

I've re-entered at 0.895. I'll allow -3 sen loss this round.

----------------------------------------------------------
Sharewire

As usual,bojed will buy again at 1.20
As being childish

3 hours ago

1pingpong

617 posts

Posted by 1pingpong > 2022-12-28 14:35 | Report Abuse

So, buy in again? Buy buy buy..

ArianaGoh

72 posts

Posted by ArianaGoh > 2022-12-28 15:02 | Report Abuse

Have to monitor the Covid situation in China...trade for a bet

awieze

685 posts

Posted by awieze > 2022-12-28 15:12 | Report Abuse

mana pergi buyer semua..slow sesi ptg

Posted by newlifenolie > 2022-12-28 16:21 | Report Abuse

Semua pergi ke BJCORP

1invest1

1,467 posts

Posted by 1invest1 > 2022-12-28 16:47 | Report Abuse

China econ'y & people fall w/o open
So, China gives up c-zero policy.
c will spread & be around more yrs.
What this means is endemic.
Glove sales & asp ALREADY PEAK.
PAST PRIME & PEAK PROFIT & PRICES.
ASPs will fall LOWER & LOWER.
Already this last qtr, TG posted LOSSES
TG forecast res nxt 6 - 9 mths neg.

1invest1

1,467 posts

Posted by 1invest1 > 2022-12-28 16:51 | Report Abuse

Glove era ended,
Future extremely competitive.

Trend & times change.
Need & demand LOWER, supply HIGHER
Mkt potential falling as more big players

Time for shareholders to move on.
Potential is in safe & div stks.
Banking & gaming stks.
Maybank Public Bank, Genting Bhd

Recession maybe may HIT soon.
Move to safe stks to avoid BIG Drop in price

Move & avoid giant drop & losses
Decide & take action or else lose money

SinGor

4,659 posts

Posted by SinGor > 2022-12-28 19:18 | Report Abuse

Careplus is now the Torch bearer of what is going to happen in Glove Qr Earnings. Last Qr One month before
results, All Director Dumped. Today Some Careplus Directors are selling their Spouse holdings, dont need a
PHD to understand what is going on

geary

6,230 posts

Posted by geary > 2022-12-28 19:43 | Report Abuse

Rogers: Well, short sellers are good for any market that occurs. If something is really getting crazily priced, short sellers come in and prevent it from going too high.

It may go too high, but at least (short sellers) temper the rise. If they’re wrong, they just make the market go even higher because they have to cover (their short positions).

And on the other hand, if and when, whatever the item (is shorted) collapses, the short sellers have to buy. So that prevents it from going down too much because if it goes from 10 to 2, the short sellers come in and buy and it doesn’t go to one. The short sellers make it, just go to two.

So the short sellers temper moves on the upside and on the downside. Whether they’re right or wrong. So short selling is good for markets.

Many don’t understand short selling or what short sellers do.

There was a president in the United States named Richard Nixon. He could not understand it. He thought it must be illegal because he never quite understood what short selling was. We had another president named (Dwight) Eisenhower who didn’t even know it existed. He didn’t know what it was. So, I mean, these are high-level people in America. And short selling is not understood by most people. And even the people who figure it out, many of them get it wrong.
Go Ahead, Jim Rogers!

Posted by searchingmoney > 2022-12-28 19:49 | Report Abuse

Fatty Kim of North Korea not welcome China Visitors...Malaysia macam?

UlarSawa

35,547 posts

Posted by UlarSawa > 2022-12-28 22:54 | Report Abuse

Walao you cakap Careplus macam the gloves Taikor leh. The real Taikor Tan Sri ada jual saham or not. Takda leh. Careplus mau tutup shop kah. Thats why directors selling saham and run road kah. Tan Sri mana ada run road leh. Ada meh. Haiyoh. Correct?


SinGor

Careplus is now the Torch bearer of what is going to happen in Glove Qr Earnings. Last Qr One month before
results, All Director Dumped. Today Some Careplus Directors are selling their Spouse holdings, dont need a
PHD to understand what is going on

3 hours ago

Rio2814

1,931 posts

Posted by Rio2814 > 2022-12-28 23:38 | Report Abuse

Ini careplus forum? Hahaha
TG boss ada jual kah?

geary

6,230 posts

Posted by geary > 2022-12-29 00:22 | Report Abuse

What's the Competitive Advantage of Malaysian Glove manufacturers, the number 1, competitor is Thailand not China lah!?
Only Thailand n Malaysia is no. 1/2 natural rubber producers.
So u analyze for what is the glove that's environmental friendly, the future of artificial gloves are phasing out, even nitrile glove, vinyl glove is phasing out already.
Something to do with natural biodegradable glove!?

nuilam hali

1,376 posts

Posted by nuilam hali > 2022-12-29 03:20 | Report Abuse

U.S. records 100 million Covid cases, but more than 200 million Americans have probably had it

nuilam hali

1,376 posts

Posted by nuilam hali > 2022-12-29 03:22 | Report Abuse

The U.S. has officially recorded more than 100 million confirmed Covid cases, but the actual number is probably at least twice as high.
As the U.S. enters the fourth year of the pandemic, the virus keeps mutating into more transmissible variants, making it even more difficult to control.
About 400 people are still dying a day from the virus and about 5,000 are being admitted to the hospital daily.

Posted by NatsukoMishima > 2022-12-29 07:13 | Report Abuse

8 jan 2023 China fully open already indicate the end of pandemic , bye bye to glove stocks , no body intetested anymore ,sleep for 100 years !

feikeiwong

135 posts

Posted by feikeiwong > 2022-12-29 07:25 | Report Abuse

Gonna start crashing down again? Panic selling?

ArianaGoh

72 posts

Posted by ArianaGoh > 2022-12-29 09:04 | Report Abuse

Variant Covid-19 fear. Guess it will continue uptrend ba

awieze

685 posts

Posted by awieze > 2022-12-29 09:42 | Report Abuse

natsuko...bye bye but still in this forum

SinGor

4,659 posts

Posted by SinGor > 2022-12-29 10:02 | Report Abuse

ALL Glove Co. Earnings are the same, whether 100bil or 50mil Glove Co, All depends on ASP and Revenue(orders).
Big Co like TG dares Not share INFO bcos T.Sri has 800mil shares under Margin at RM7----Small Co Directors
like Careplus has NO margin account, so they Sell immediately if they know another Blood letting Qr already
Happened

AndrewHo93

315 posts

Posted by AndrewHo93 > 2022-12-29 10:22 | Report Abuse

Set cut loss price when trade. Still can earn ang pow money one

sigma404

51 posts

Posted by sigma404 > 2022-12-29 10:32 | Report Abuse

Thank you china for another ang pao money!

rr1688

3,170 posts

Posted by rr1688 > 2022-12-29 12:11 | Report Abuse

China rapid dismantling of its covid policy could lead to a surge in covid cases across the world... Buy Topglov now or never b4 it Spike to the Sky 10x ...

awieze

685 posts

Posted by awieze > 2022-12-29 12:37 | Report Abuse

rr1688, when spike to sky? today morning session closed back to yesterday closing price. huhuh

Posted by corpsehunter69 > 2022-12-29 13:11 | Report Abuse

x10 too ambituous, maybe x5 at most

hongwei

147 posts

Posted by hongwei > 2022-12-29 14:49 | Report Abuse

KWONGWAH.COM.MY
中国再爆新冠疫情 诺希山吁注射疫苗加强剂|光华网
随着中国再爆发新一波冠病疫情,卫生总监丹斯里诺希山呼吁国人注
https://www.kwongwah.com.my/20221229/%e4%b8%ad%e5%9b%bd%e5%86%8d%e7%88%86%e5%8f%91%e6%96%b0%e7%96%ab%e6%83%85-%e8%af%ba%e5%b8%8c%e5%b1%b1%e5%90%81%e6%b3%a8%e5%b0%84%e6%96%b0%e5%86%a0%e7%96%ab%e8%8b%97%e5%8a%a0%e5%bc%ba%e5%89%82/

hongwei

147 posts

Posted by hongwei > 2022-12-29 15:54 | Report Abuse

https://www.theedgemarkets.com/node/649903
维持手套业减持评级 兴业预计需求2023年下半年回升
Izzul Ikram
/
theedgemarkets.com

December 29, 2022 15:49 pm +08

维持手套业减持评级 兴业预计需求2023年下半年回升
-A+A
(吉隆坡29日讯)兴业研究维持橡胶手套业的“减持”评级,因缺乏短期催化剂,并预计需求最早要到2023年下半年才会回升。

兴业研究分析员Oong Chun Sung今日在报告中指出,业者目前仍无法确定手套分销商去库存活动的时间。

“在乐观的情况下,我们预计库存水平将在2023年上半年恢复正常,这是考虑到我们9月更新报告后的6至9个月正常化期。”

“近期业绩汇报会的摘要表明,分销商没有进行补货,因此我们对2023年上半年库存正常化的假设成立。”

同时,他表示,橡胶手套平均售价可能已经触底,但称平均售价放缓的步伐也继续缓和。

由于供需动态持续失衡且成本上升,兴业研究维持手套业的“减持”评级。

Oong指出:“尽管短期内市场整合后,平均售价疲软的步伐可能会放缓,但我们认为,在需求逐渐回升之前,次优的行业使用率将继续拖累手套制造商的赚幅。”

他补充,成本转嫁机制对业者来说仍具挑战。

UlarSawa

35,547 posts

Posted by UlarSawa > 2022-12-29 16:23 | Report Abuse

Bila Tan Sri beli saham 800mil at rm7 leh. You kok talked kah. Haiyoh. Correct?



SinGor

ALL Glove Co. Earnings are the same, whether 100bil or 50mil Glove Co, All depends on ASP and Revenue(orders).
Big Co like TG dares Not share INFO bcos T.Sri has 800mil shares under Margin at RM7----Small Co Directors
like Careplus has NO margin account, so they Sell immediately if they know another Blood letting Qr already
Happened

6 hours ago

Loh Kok Wai W

3,588 posts

Posted by Loh Kok Wai W > 2022-12-29 17:22 | Report Abuse

当一些股的价钱曾经被 炒到特别 :疯狂,离普或 没理智的过热 时。。。互然间泡沫破裂时,这时就算是 :少赚,少亏 就要 不管三七 二十一。。。一定要 逃 了,别因为相差一两分不卖。。。当市场一逆转凤吹草动就要注意了 ;当这些股连大跌几天虽然它们 会来来回回 反弹。。。但是它们已经不可能回到 先前最高峰 价钱了 !如果市场继续出现坏消息。。。可以肯定的这些股还有一段空间下跌 !手套股,医疗股,航空股,气油股,种植股,产业股,科技股,建筑股,赌博股,仙股 。。蓝筹股 都是一样 !通常一些股大起一轮(半年或一年)。。就是这个行业要开始旺了。。这时所有的人都谈这些行业时。。我们就要小心了。。宁愿少赚也不要买入或被绑 !大财团,大炒家,大集团 不是慈善家 更不是 财神爷或圣诞老人 那麽好心和可怜 推高价给 散户出货 !目前手套股价虽然看起来相当便宜了,但是已经这行业竞争激烈了,多个国家都有生产了。。。未来肯定的 营利不会很特出。。这些股价也只在这 十多二十巴仙游走吧了 !。。。我敢下定论 :在2020年。。。2022年曾经疯狂过的股如 ; 手套股,医疗股,科技股 两三年之内都难有好的表现。。除非 某只股 从没被 炒过又当别论 如 :HEXTECH。。最近很红,很热。。。只是不知道几时破裂 ?。。那些老招牌大家都认识的和听过它们的名 也曾经 在 八九十年代 凤光过。。至今也 沉睡了几十年如 Sime Darby,Genting,Airasia,Bat,Cimb,Maybank,TNB,Telekom,Genting Malaysia,PBb, 等等这些股只是 等给利息或红股。。要大起已经是 不可能了 。。。。问题是一些公司 自从 Covid 发生后 都大伤。。最少要三年以上来复苏啊。。。股票的钱不是想像中那麽好赚啊。。。明年2023的股市的走势 应该也是和今年一样 :大同小异 ,有心无力 。。过程中当然有 小波浪啦。。。但总成交量不大,马币起不了火花。。马股市就是 这样了。。。

geary

6,230 posts

Posted by geary > 2022-12-29 18:19 | Report Abuse

CNN Latest;
In response to the surging cases in China, the United States, Italy, Japan, India and Malaysia announced this week they would increase health measures for travellers from China.

The lack of transparent data from China - particularly about viral genomic sequencing - is making it "increasingly difficult for public health officials to ensure that they will be able to identify any potential new variants and take prompt measures to reduce the spread", US officials said Tuesday.

India and Japan have already said they will impose mandatory polymerase chain reaction (PCR) testing on all passengers from China, a measure Flahault said could be a way around any delays in information from Beijing.
29 Dec, '22.

paktua73

18,259 posts

Posted by paktua73 > 2022-12-29 18:26 | Report Abuse

paktua set after CNY 23..
glove will back on fever theme..



tut tut
so best time to try put some on glove counter
like TG,hlt,

geary

6,230 posts

Posted by geary > 2022-12-29 19:14 | Report Abuse

Natural Latex Glove.
During the #80s/90s, all medical gloves are made of natural rubber.
Allergies was the reason, now mostly are synthetic rubber, like Nitrile, Vinyl n Polyethylene.
Natural Latex gloves are made from a natural rubber compound and are naturally biodegradable, the same can't be said for most nitrile gloves. Traditionally, nitrile gloves have not been biodegradable, as they're made from a synthetic compound that takes many years to decompose.
Probably a #100 years to be composted.
Nowadays because of environment friendly views, n climate changes, natural rubber glove are making a huge comeback.
TopGlov n others established glove producers, what the point employing so many R&D graduates for what reasons?!
Research already being done to deproteinized natural latex, to zero down allergies.
Plus natural rubber gloves are environment friendly, n can be biodegraded within #4/5 years.
Usually expiry date of natural rubber gloves are only #3 years.
China only Hainan Island having rubber plantation. Vietnam having some also.
Now the largest exporter of rubber is Thailand, Malaysia becomes second years ago.
So Malaysia needs to centralizes their latex production, to be more efficient.
TopGlov has natural latex mills in Southern Thailand, the world largest gest centralized areas in rubber cultivation or plantation.
So Thailand n maybe Vietnam is our future big competitors in glove production.
Malaysia News Portal.

rr1688

3,170 posts

Posted by rr1688 > 2022-12-30 00:53 | Report Abuse

New versions of the pathogen raises the chances of a new variant spread across the countries could imperil the world... only Malaysia best quality will not leak under pressure rubber gloves can Block the virus...Buy Topglov uptrend mari...

rr1688

3,170 posts

Posted by rr1688 > 2022-12-30 01:47 | Report Abuse

China rubber gloves makers plunge as covid surge prompts delivery cuts...

paktua73

18,259 posts

Posted by paktua73 > 2022-12-30 08:59 | Report Abuse

morning..yes buy topglove now..
and swing is Best place to make money..


tut tut
paktua love TG

ArianaGoh

72 posts

Posted by ArianaGoh > 2022-12-30 10:04 | Report Abuse

Looks like Topglov can sustain above 90 cents on this last trading day of 2022

AndrewHo93

315 posts

Posted by AndrewHo93 > 2022-12-30 10:15 | Report Abuse

Upward momentum will continue for glove counters for the moment

https://www.channelnewsasia.com/asia/china-covid19-soaring-cases-new-variants-3172391

Posted by Oldbird900 > 2022-12-30 12:08 | Report Abuse

BEIJING, Dec 29 (Reuters) - Around 9,000 people in China are probably dying each day from COVID-19, UK-based health data firm Airfinity said on Thursday, nearly doubling its estimate from a week ago, as infections ripped across the world's most populous nation.

COVID infections started to sweep across China in November, picking up pace this month after Beijing dismantled its zero-COVID policies including regular PCR testing on its population and publication of data on asymptomatic cases.
Cumulative deaths in China since Dec. 1 likely reached 100,000 with infections totalling 18.6 million, Airfinity said in a statement. It says it uses modelling based on data from Chinese provinces before the recent changes to reporting cases were implemented.
Airfinity expects China's COVID infections to reach their first peak on Jan. 13 with 3.7 million cases a day...

Hope no variants will be resulted from these hyper cases..

Posted by Oldbird900 > 2022-12-30 12:15 | Report Abuse

PARIS: An explosion of COVID-19 cases in China as the country lifts its zero-COVID measures could create a potential breeding ground for new variants to emerge, health experts warn.
China announced this week that incoming travellers would no longer have to quarantine from Jan 8, the latest major reversal of strict restrictions that have kept the country largely closed off to the world since the start of the pandemic.

While the country National Health Commission has stopped issuing daily case numbers, officials in several cities estimate that hundreds of thousands of people have been infected in recent weeks. Hospitals and crematoriums have been overwhelmed across the country.
With the virus now able to circulate among nearly one-fifth of the world population - almost all of whom lack immunity from previous infection and many of whom remain unvaccinated - other nations and experts fear China will become fertile ground for new variants.

Antoine Flahault, director of the Institute of Global Health at the University of Geneva, told AFP that each new infection increased the chance the virus would mutate.
The fact that 1.4 billion people are suddenly exposed to SARS-CoV-2 obviously creates conditions prone to emerging variants, Flahault said, referring to the virus that causes the COVID-19 disease...

YT8170C

100 posts

Posted by YT8170C > 2022-12-30 14:36 | Report Abuse

RM 1 or back to 80 sen next week? covid is back in china

rr1688

3,170 posts

Posted by rr1688 > 2023-01-01 03:41 | Report Abuse

Many hospitals across the world have been overwhelmed with an unusually high number of patients stricken with tripledemic... patients overflow in hallways, offices even tents in parking lots led to a shortage of Malaysia best quality will not leak under pressure rubber gloves...

rr1688

3,170 posts

Posted by rr1688 > 2023-01-01 03:41 | Report Abuse

Many hospitals across the world have been overwhelmed with an unusually high number of patients stricken with tripledemic... patients overflow in hallways, offices even tents in parking lots led to a shortage of Malaysia best quality will not leak under pressure rubber gloves...

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