TOP GLOVE CORPORATION BHD

KLSE (MYR): TOPGLOV (7113)

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Last Price

0.95

Today's Change

+0.03 (3.26%)

Day's Change

0.925 - 0.965

Trading Volume

52,203,000


71 people like this.

202,466 comment(s). Last comment by Sweetchocalates 13 hours ago

Vincenzo999

1,083 posts

Posted by Vincenzo999 > 1 week ago | Report Abuse

As of last quarter Topglov has MYR 418 million loan in JPY. Strengthen JPY against MYR not good for Topglov.

SyahSyah

55 posts

Posted by SyahSyah > 1 week ago | Report Abuse

kena swap

mf

28,455 posts

Posted by mf > 1 week ago | Report Abuse

Dow Jones

Dow Jones Industrial Average

38,703.27

-1,033.99

2.60%

Nasdaq

NASDAQ Composite

16,200.08

-576.08

3.43%

chopstick

510 posts

Posted by chopstick > 1 week ago | Report Abuse

😀

yfchong

5,818 posts

Posted by yfchong > 1 week ago | Report Abuse

Today how.., can go lower to meet target price

Vincenzo999

1,083 posts

Posted by Vincenzo999 > 1 week ago | Report Abuse

Let it find the bottom. Drop until you won't believe. 😎😎

Vincenzo999

1,083 posts

Posted by Vincenzo999 > 1 week ago | Report Abuse

I admit I caught the falling knife 🔪. I have capital to catch it. I went in batch by batch.

This price level is cheap for me. It could be cheaper, I welcome it with open arms.

Posted by crazypapapoor > 1 week ago | Report Abuse

US interest cut is inevitable, result in weak USD. can sustain top makers earning in Malaysia?

Posted by KudaBengaliu > 1 week ago |

Post removed.Why?

Vincenzo999

1,083 posts

Posted by Vincenzo999 > 1 week ago | Report Abuse

Congratulations to Harta! Started Q1 with good results! 👏👏👏👏

5231428

589 posts

Posted by 5231428 > 1 week ago | Report Abuse

Next will be kossan, for sure good one.

Posted by BuildBackBossku > 1 week ago | Report Abuse

Harta shows excellent QR today. Taikor's next QR will be good as well

Vincenzo999

1,083 posts

Posted by Vincenzo999 > 1 week ago | Report Abuse

Riverstone just posted impressive QR results. Net profit up 54.6%

https://www.businesstimes.com.sg/companies-markets/riverstone-h1-net-profit-54-6-demand-gloves-recovers

Based on this article gloves ASP raised USD 20 to USD 22 per 1000 pieces.

https://www.thestar.com.my/business/business-news/2024/08/05/higher-prices-in-second-half-to-buoy-glove-manufacturers

yfchong

5,818 posts

Posted by yfchong > 1 week ago | Report Abuse

Apa harapan hari ini...m

Vincenzo999

1,083 posts

Posted by Vincenzo999 > 1 week ago | Report Abuse

Topglov last quarter revenue is 637million.

Assuming ASP increased from USD 20 per 1000 pieces to USD 21. That is a 5% increase and the demand also increased 10%.

Offsetting strengthen of Ringgit against USD about 5%.

Estimated revenue next quarter
= 637 * 1.05*1.10*0.95 = 698 million

Still higher than last quarter although there is 5% effect in exchange rate. The raw materials are purchased in USD, offsetting against revenue in USD. No big impact to the profit margin.

Based on this article gloves ASP raised USD 20 to USD 22 per 1000 pieces.

https://www.thestar.com.my/business/business-news/2024/08/05/higher-prices-in-second-half-to-buoy-glove-manufacturers


MARGMA estimated gloves demand to increase 10% annually.

https://www.bernama.com/en/news.php?id=2323758

Vincenzo999

1,083 posts

Posted by Vincenzo999 > 1 week ago | Report Abuse

What are you talking about? I said offsetting the impact with increase in ASP and demand. This simple logic also cannot understand?

Mana you sekolah?

Vincenzo999

1,083 posts

Posted by Vincenzo999 > 1 week ago | Report Abuse

This morning TG price 0.94. My paper lost narrow down to 4.08%. Regret that day queue 0.85. Should have queue at 0.86.

Vincenzo999

1,083 posts

Posted by Vincenzo999 > 1 week ago |

Post removed.Why?

sirM4KU

38 posts

Posted by sirM4KU > 1 week ago | Report Abuse

Gloves are back....

Vincenzo999

1,083 posts

Posted by Vincenzo999 > 1 week ago |

Post removed.Why?

Vincenzo999

1,083 posts

Posted by Vincenzo999 > 1 week ago |

Post removed.Why?

Vincenzo999

1,083 posts

Posted by Vincenzo999 > 1 week ago |

Post removed.Why?

Huangbk72

4,944 posts

Posted by Huangbk72 > 1 week ago | Report Abuse

Hahahha. Recovery for Harta doesnt seem to say the same to TG

Go read up both companies financials... maybe you will see daylight

If I were to go back and find my post, I fact checked you too many times in TG.

U really amateur.. 😁😁😁

Proven again.. correct me if I am wrong in saying buying Harta is better than TG 3 days or 4 days ago..

U cant right?

Did you call up Tan Sri Lim since he knows you by name.. Ask him what is the result for upcoming QR 🤣🤣🤣🤣🤣

Vincenzo999

1,083 posts

Posted by Vincenzo999 > 1 week ago |

Post removed.Why?

Vincenzo999

1,083 posts

Posted by Vincenzo999 > 1 week ago |

Post removed.Why?

Huangbk72

4,944 posts

Posted by Huangbk72 > 1 week ago |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 1 week ago |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 1 week ago |

Post removed.Why?

Vincenzo999

1,083 posts

Posted by Vincenzo999 > 1 week ago | Report Abuse

Welcome here Mike! Let's make Topglov great again!

Mikecyc

45,527 posts

Posted by Mikecyc > 1 week ago |

Post removed.Why?

Vincenzo999

1,083 posts

Posted by Vincenzo999 > 1 week ago |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 1 week ago |

Post removed.Why?

Vincenzo999

1,083 posts

Posted by Vincenzo999 > 1 week ago |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 1 week ago |

Post removed.Why?

Vincenzo999

1,083 posts

Posted by Vincenzo999 > 1 week ago |

Post removed.Why?

Posted by NatsukoMishima > 1 week ago | Report Abuse

70 sens mari lah still hold !

Huangbk72

4,944 posts

Posted by Huangbk72 > 1 week ago |

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Huangbk72

4,944 posts

Posted by Huangbk72 > 1 week ago |

Post removed.Why?

Huangbk72

4,944 posts

Posted by Huangbk72 > 1 week ago |

Post removed.Why?

iTelex5

573 posts

Posted by iTelex5 > 1 week ago | Report Abuse

Wah 85 cts I very xiong already.

iTelex5

573 posts

Posted by iTelex5 > 1 week ago | Report Abuse

I think cannot come below today's level because support is very strong.

yfchong

5,818 posts

Posted by yfchong > 1 week ago | Report Abuse

bila boleh dapat mega sale.. ?

Ghazaar

295 posts

Posted by Ghazaar > 1 week ago | Report Abuse

Follow KWAP buy this time 😁

Posted by BuildBackBossku > 1 week ago | Report Abuse

RM1 next week

CaoCao

184 posts

Posted by CaoCao > 6 days ago |

Post removed.Why?

yfchong

5,818 posts

Posted by yfchong > 5 days ago | Report Abuse

KWAP likes trading yeah.,

kshinann

34 posts

Posted by kshinann > 3 days ago | Report Abuse

any thought about Sept financial result?

Posted by gloveshapiro > 3 days ago | Report Abuse

Big resistance yea

Gaussian

3,013 posts

Posted by Gaussian > 3 days ago | Report Abuse

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