TOP GLOVE CORPORATION BHD

KLSE (MYR): TOPGLOV (7113)

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Last Price

0.965

Today's Change

0.00 (0.00%)

Day's Change

0.955 - 0.97

Trading Volume

22,478,300


70 people like this.

201,772 comment(s). Last comment by wreckedbykarim 48 minutes ago

rchi

20,923 posts

Posted by rchi > 2023-03-23 18:13 |

Post removed.Why?

rchi

20,923 posts

Posted by rchi > 2023-03-23 18:15 |

Post removed.Why?

rchi

20,923 posts

Posted by rchi > 2023-03-23 18:17 |

Post removed.Why?

Income

10,400 posts

Posted by Income > 2023-03-23 18:19 | Report Abuse

Fake Rich, only you in trouble, not other people here. Why? Because Fake Rich, you very bad luck. Not others lah.

PureBULL ...

2,414 posts

Posted by PureBULL ... > 2023-03-23 18:20 | Report Abuse

GLOVES
with capacity utilization of 30-40%, then
Harta being the most efficient factory shd lead this run up.
HARTA has 2 hr macd DC edi.

tg refuses to.
perhaps ts is feeling the tekanan.
when fun n etc lose money = they can sue him n take him to class action, if the increasing ASP is unreal!

https://www.tradingview.com/x/kBPfrPuS/
https://www.tradingview.com/x/KqN3ZgOt/

rchi

20,923 posts

Posted by rchi > 2023-03-23 18:24 |

Post removed.Why?

PureBULL ...

2,414 posts

Posted by PureBULL ... > 2023-03-23 18:44 | Report Abuse

PureBULL >>>, [2023-03-22 12:10 AM]
glove is a big sector. is this run up real?
glove stocks need a glove.theme.play to fly to 2nd to 4th HH.

ts daringly shouted with great news of magical increasing ASP.
n therefore this is the bombastic sexy 1st HH of tg, harta n the others.
the 45 min is showing a 2nd DC = 1 DC on 2 hr macd usually = prices can retrace a lot.

https://www.tradingview.com/x/VLgQjToX/
https://www.tradingview.com/x/jLDnSrR6/

let's watch as the foreign glove stocks r not sharing the same jubilation as global glove theme play:
https://www.tradingview.com/x/GKq35l5h/
https://www.tradingview.com/x/khJWs5Uo/
https://www.tradingview.com/x/LUr8iLFk/

messi88

515 posts

Posted by messi88 > 2023-03-23 18:52 | Report Abuse

Shorties no more power

telusdansuci

1,658 posts

Posted by telusdansuci > 2023-03-23 18:58 | Report Abuse

Glove counters alrdy jatuh for 2 yrs and now rebound back for two months time tak mustahil . I use predicting ,guessing and dreaming for glove counters to rebound for 2 month berturut-turut naik sampai tak berhenti-henti ya . Boleh dan tetap boleh glove counters .

rchi

20,923 posts

Posted by rchi > 2023-03-23 18:58 |

Post removed.Why?

rchi

20,923 posts

Posted by rchi > 2023-03-23 19:02 |

Post removed.Why?

rr1688

3,170 posts

Posted by rr1688 > 2023-03-23 19:14 | Report Abuse

Investors invest usd950 million in Malaysia in a single month... international tech melt down... investors buy values stocks... buy topglov uptrend mari...

rchi

20,923 posts

Posted by rchi > 2023-03-23 19:47 |

Post removed.Why?

rchi

20,923 posts

Posted by rchi > 2023-03-23 19:51 |

Post removed.Why?

rchi

20,923 posts

Posted by rchi > 2023-03-23 19:52 |

Post removed.Why?

rchi

20,923 posts

Posted by rchi > 2023-03-23 19:53 |

Post removed.Why?

StingRay

6,841 posts

Posted by StingRay > 2023-03-23 20:02 | Report Abuse

TopGlove... even shortist are a little afraid to short today. Haha.

telusdansuci

1,658 posts

Posted by telusdansuci > 2023-03-23 22:35 | Report Abuse

All I have to do is to dream 7113 above Rm 1.10 by tomorrow . Always dream boleh dan tetap boleh .

FabioDulan

245 posts

Posted by FabioDulan > 2023-03-24 07:15 | Report Abuse

See the result yourself
https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=7113

Since making huge losses of 332millions in the last 2 quarters , its NTA has been dropping from 0.70 to 0.68 then now 0.66

So many gloves and glovemakers in the world now. You still think such companies can make profits or just losses until banklap?

FabioDulan

245 posts

Posted by FabioDulan > 2023-03-24 07:28 | Report Abuse

Long term debts: 364,333,000
Short term debts: 67,930,000

Total debts: 432,263,000
Latest cash balance: 345,134,000

Net debts of -87,129,000

Still making huge losses per quarter and NTA keeps falling also

FabioDulan

245 posts

Posted by FabioDulan > 2023-03-24 07:31 | Report Abuse

See the press release also...

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=222879&name=EA_FR_ATTACHMENTS
The Group’s financial performance continued to be impacted by headwinds which have weighed
heavily on the glove industry. Destocking activity persisted, driven by excess customer inventory,
resulting in a softer order book. Aggravating the situation was the ongoing glove oversupply situation,
combined with a lack of customer urgency to place orders in light of shorter delivery times from lower
manufacturer utilisation. Meanwhile, rising production costs which the Group was unable to share out
with customers owing to moderating ASPs, also contributed to the muted financial results.

Posted by fakemyname > 2023-03-24 08:01 | Report Abuse

you forgotton the rules in bursa. loss QR PN17 stocks will fly. good profit stocks will slump. remember. just enjoy the ride. COVID-23 begins.

Posted by StartOfTheBull > 2023-03-24 08:15 | Report Abuse

Gamblers presume loss making companies will make profit in the future whereas profit making companies will make losses in the future.

telusdansuci

1,658 posts

Posted by telusdansuci > 2023-03-24 08:23 | Report Abuse

My investment plan is base on companies long term fundamental and don't base on news or emotion as long as the companies continue doing business as usual . Nobody know what is going on in the future . Maybe from a loss making company can be a money making company . I always dream 7113 boleh dan tetap boleh .

123eztrade

642 posts

Posted by 123eztrade > 2023-03-24 08:44 | Report Abuse

new virus

bingoman

254 posts

Posted by bingoman > 2023-03-24 08:46 | Report Abuse

today glove what trend?

wakarimas

1,043 posts

Posted by wakarimas > 2023-03-24 08:55 | Report Abuse

uptrend

Posted by fakemyname > 2023-03-24 08:55 | Report Abuse

only upwards and exceed the MAYBANK. 7113 Dream is back.

Michael Kwok

6,092 posts

Posted by Michael Kwok > 2023-03-24 09:34 | Report Abuse

Sell call topglov 1-1.05
Tp 80 cents range
24/3/23 9.35am

PureBULL ...

2,414 posts

Posted by PureBULL ... > 2023-03-24 10:19 | Report Abuse

pls HELP sifu Rchi,
he masuk JAIL for 14 days.

Posted by rannytkk > 2023-03-24 10:21 | Report Abuse

coming coming

telusdansuci

1,658 posts

Posted by telusdansuci > 2023-03-24 10:24 | Report Abuse

Small profit taking only nothing to be worry about . Afterward should rebound back .Just be patient . Kaunter yg boleh tetap boleh .

Posted by hendrycheah > 2023-03-24 10:24 | Report Abuse

Hopefully we can pass 1.05 resistance today

telusdansuci

1,658 posts

Posted by telusdansuci > 2023-03-24 10:28 | Report Abuse

Now the trend is way up Way down . One step down three steps up . Need patient ignore emotion . Always dream boleh you will boleh .

kl_guy

1,398 posts

Posted by kl_guy > 2023-03-24 10:38 | Report Abuse

yesterday IDSS shorties estimated loss around 200k-400K .
Can the shorties make back the money today ?

Posted by rannytkk > 2023-03-24 10:38 | Report Abuse

1.05 go go go

VincentTang

1,099 posts

Posted by VincentTang > 2023-03-24 10:41 | Report Abuse

Sold all Topglove at 1.04.

Posted by hendrycheah > 2023-03-24 10:46 | Report Abuse

Looking at the trading volume for the pass week..obviously some shark is accumulating... Technically a classic uptrend indication with passing MA200 and a Golden MA Cross

telusdansuci

1,658 posts

Posted by telusdansuci > 2023-03-24 11:01 | Report Abuse

Don't influence by negative thinking people when came to stocks investing . Stick to your own decision or dreams . Jadi seorang pelabur bijak dan sentiasa dream boleh dan tetap boleh . Master our mind how to dream .

Posted by BuildBackBossku > 2023-03-24 12:04 | Report Abuse

Nicela, breaking RM1 alrdy. Shorties continue to bleed

Posted by valueinvestor33 > 2023-03-24 13:21 | Report Abuse

Shorties position at nearly 2% to 2.2%….equivalent to 170 millions. Judge yourself

Posted by valueinvestor33 > 2023-03-24 15:49 | Report Abuse

Highly possible to have short term pullback next week.

Posted by fakemyname > 2023-03-24 15:55 | Report Abuse

Remember, only poor QR will fly. this is our unique bursa.

PureBULL ...

2,414 posts

Posted by PureBULL ... > 2023-03-24 16:40 | Report Abuse

PureBULL >>>, [2023-03-23 5:20 PM]
https://klse1.i3investor.com/blogs/kianweiaritcles/2023-03-23-story-h-275233743-From_Facebook_intern_to_TikTok_CEO_Who_is_Singaporean_Chew_Shou_Zi.jsp

PureBULL >>>, [2023-03-23 6:17 PM]
he was from world # 1 gangster school, Harvard opens big doors to his career n biz.
being rich n famous, his wife n he r giving back to that school.

https://www.cnbc.com/2023/03/23/watch-live-tiktok-ceo-testifies-before-house-committee-as-potential-us-ban-looms-.html

PureBULL >>>, [2023-03-24 3:31 AM]
tg announced a recent horrible QR with a BIG > RM 1 million loss per day for all 90 days of the last QR.
then glove stocks rebounded handsomely till now.

this super run up is all due to the magical words of ts i.e. increasing ASP.
tg from 70 went up non.stop to 105, i.e. 50% profit from a shout out.

price < 101 = DC on 2 hr macd for tg.
let's watch for a nice HL pt at abt its next GC.,.

but ts must prove n assure all stock players that
Increasing ASP is the real FACT for glove biz to embark on a recovery journey.

IF not, eat.energy again.,.

https://www.tradingview.com/x/CcTbAHcv/

Posted by EatCoconutCanWin > 2023-03-24 17:42 | Report Abuse

Totally is a traps, don't know who, don't know why, it happens when I buy in 1.02. crap

nicky

3,351 posts

Posted by nicky > 2023-03-24 17:47 | Report Abuse

After 4pm heavily dump .but volume RM1.00 and above contribute over 70% of the vomue. haiz .. hope rebound next week

Posted by valueinvestor33 > 2023-03-24 18:23 | Report Abuse

It will go through consolidation before it can retest 1.05 in near future.

Posted by valueinvestor33 > 2023-03-24 18:24 | Report Abuse

Unavoidable to see some pullback before it can go higher and higher again.

Posted by valueinvestor33 > 2023-03-24 18:34 | Report Abuse

Avoid chasing high. More people will choose to sell rather than buy especially around 1 to 1.05 zone

Posted by valueinvestor33 > 2023-03-24 18:36 | Report Abuse

More than 50% surge within short period. Not necessarily a trap for everyone of course.

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