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2021-01-23 06:39 | Report Abuse
Alamak now vaccine confirmed tak jadi ... apa lagi ??
Maybe now they focus on worker wellbeing ?? or even no glove demand ??
Always repeat old story that have been solved... wakaka
How la Naysayer ?? Pls la find something new to say ... already new year, still same old story ~~ Really kesian you, cannot move on !! LOL
2021-01-22 23:21 | Report Abuse
Top up all you want~~
If you got millions to invest then maybe you can create a support line BUT if not, then you are just a passenger waiting for the driver to either take you to Holland or to the bank!!
2021-01-22 23:13 | Report Abuse
If the RSS players want to SBL me ... I would gladly do it too !! I believe any logical person will ...
In the end, we invest to earn more $$ !! SBL will give you that ~~
2021-01-22 23:10 | Report Abuse
Again dont make assumption based on your experience ~~
TG had always been a target by the sour grape, red eye and envious monkey!! Even before the pandemic, it was always a target of human right and white skinned monkey for being the leading glove maker who employ ten of thousands of workers!! So it is only normal, when they strike gold that this monkeys become more active in attacking them !!
For EPF, it is only good business to utilised SBL when the demand is there ... Think it over !! You will still get the dividend for what your lend, and in addition, you will get the interest and percentage of earning from your lending !! Just good business, that’s all !!
2021-01-22 23:01 | Report Abuse
Rm 39 Mil in value shorted today ~~
Foresee Monday will be another session as people in this counter are use too low movement, once there is a high flying action, everyone goes panic & is easy target for shortie !!
Sad but true!!
2021-01-22 20:30 | Report Abuse
Can start selling assets and borrow fund during the weekend so that will have extra bullets for the bargain buy on Monday ~~
2021-01-22 17:52 | Report Abuse
Theory wise yes !! Buy there is alot of unforeseen thing that can happen ~~
2021-01-22 17:46 | Report Abuse
Interesting to see the shortie net cap !! If the net cap reduces today, we know there will be a massive shorting on either Monday or Tuesday as they are preparing the bullet to go all out !!
Bigger gap meaning bigger shorting space ~~
2021-01-22 17:43 | Report Abuse
Wakakakakakaka for now !!
Foresee Monday and Tuesday will be a tough day due to warrants expiring at end month !! If not mistaken, there is 3 expiring warrants on the 29 Jan and its last trading day is on 26 Jan !!
Hold on tight and enjoy the ride ~~
Remember if you dont sell, you dont lose!!
2021-01-22 09:21 | Report Abuse
@Allrunfirst Everyday I see you also fake .... Why today will be different ?? Very fake
2021-01-22 09:18 | Report Abuse
Cant even break 6, now you want 5 ?? Now is morning... pls wake up !! wakaka
2021-01-22 07:25 | Report Abuse
It is time to reverse this down trend especially with Biden team !!
Biden is always a health safety guy, his effort to fight and control the pandemic in the worst hit country is on the way!! The first step is to increase the protection, be it vaccination or PPE protection. This being said, foresee the stockpile of gloves in US to increase to a normal level throughout this crucial time!! This will further spikes the demand of gloves and directly influence the ASP of gloves.
Expects the four heavenly kings in Malaysia to capatalise in this few months and record their best ever quarter and for their share holder to benefit from the highest dividend ever given from any company !!
Regardless of the IB role OR the so called “manipulation”, they will find a balance after their objective is matched!! In the end, the ship will always go a straight line once they reached the port!! Fundamental will always prevail over technical ... Mark my word !!
2021-01-22 07:04 | Report Abuse
Let Calculate Tan Sri latest Dividend:-
Direct 2,105,671,456 units X 16.5 sen = RM 347,435,790
In Direct 691,819,748 units X 16.5sen = RM 114,150,258
Total = RM 461,586,048 worth of dividends to counter shortie ~~
Without forgetting SBB, another RM 1 B at least !!
No wonder shortie scared to go all out attack !! P U SSY!!
2021-01-22 07:03 | Report Abuse
TopGlove IPO price RM2.70 March 2001
2,000 units X RM2.70= RM5,400
Bonus issues:
2002 3:10 ==> 2,600 units
2003 2:5 ==> 3,640 units
2005 1:1 ==> 7,280 units
2007 2:5 ==> 10,192 units
2010 1:1 ==> 20,384 units
2016 1:1 ==> 40,768 units
2018 1:1 ==> 81,536 units
2020 2:1 ==> 244,608 units
244608 units X RM 6.020 = RM 1,472,540
2021-01-22 07:02 | Report Abuse
TG next quarter review:-
ESG fulfillment will prompt EPF acquisition
Additional 10% capacity = Increased Revenue
ASP to rises 20-30% = Approximately RM 3.5Billion PAT
Worker Accomodation to be settled in Jan
US Ban in final stages of discussion, should be lifted in FY21Q2
Demand for glove expected to rise 20-30% in FY21
Remained as a safe haven from political uncertainy
Remained as favourite to capitalise in Covid spike
Next dividend should be more than 16.5sen due to increased Revenue and PAT
2021-01-22 07:02 | Report Abuse
Overall review:-
EPF interested in buying again with ESG fulfillment
Crossed buying from recovery market sell off
Covid mutation in UK, may lead to potential epidemic
Vaccine faced production capacity limitation
Vaccine faced distribution issue
Vaccine had allergy effect
Vaccine do not have testing for long term side effect
Vaccine not recommended for under 16
Vaccine not recommended for pregnant mom
Covid to spike from now till end of Feb
ASP for glove to rise 20-30% in this quarter
Order in hand for FY21 and FY22 still in tag
Record breaking RM 3.5B PAT coming QR
Additional 10% capacity in the coming quarter
Worker act issue and accomodation to be settle this month
US Ban in final discussion, expected to be resume export in Jan
Management continue to buy in and provide support line
Glove demand expected to rise by 20-30% in FY21
Divident at least 10% for FY21 with the current price
2021-01-22 07:01 | Report Abuse
6th Jan 2020 Top Glove AGM Summary
1. ASP in Q2FY21 is expected 30% higher than Q1FY21. The whole industry players in gloves manufacturing agreed that the ASP will remain strong for year 2021.
2. Delivery period increase from 30~40 days previous to 560 days and 370 days for nitrile and natural rubber gloves respectively. Note: Nitrile and natural rubber gloves comprises of around 90% of Top Glove revenue in FY20.
3. US gloves stockpile reduced from 16.9 billion pieces to 2 billion pieces in October 2020.
4. Some Top Glove customer stockpile for gloves reduced from 2~3 months to 1~2 weeks.
5. Top Glove is exporting gloves to 195 countries currently.
6. Top Glove has enough raw material for continuous manufacturing of gloves.
7. Top Glove expects new players in gloves manufacturing facing issues from factory installing, workers and raw material issues.
8. Dividend payout for Q2, Q3 and Q4FY21 will be 70% on PATAMI.
9. Reason for share buyback (SBB) is because Top Glove thinks their company is undervalued at the purchased price and expects better return than putting into FD which gives 2% only. The amount of SBB is only 2.15% from the allowed 10% threshold.
10. Top Glove has 4 billion cash as of 31 Dec 2020.
11. US Border issues will be resolved when the independent international consultant verified the hostels and accommodation meets the required of Workers Housing Act 446.
12. All Top Glove factories that has been affected by Covid-19 lockdown has been resumed operations as of 20 Dec 2020. The lockdown is expected to impact 4% of the total revenue and profit.
13. Top Glove is spending 100 million for next 3 years to build hostels for 7300 workers and using 95 million to acquire new apartments for 2700 workers.
14. Top Glove is moving towards automation direction which previously 1 million gloves need 8 workers and now only 1.6 workers.
15. Top Glove current factory utilization rate is 95%.
16. Malaysia will remain the focus ground of gloves manufacturing activities at the same time expanding their existing foreign manufacturing plant.
17. Top Glove Hong Kong listed is expected around mid 2021.
18. Top Glove aims to achieve Fortune500 by 2035 with an expected CAGR of 20%. Note: Top Glove current CAGR is 28%.
2021-01-21 17:07 | Report Abuse
Wah all naysayer now so happy ??!!! Not even under 6, already so happy !!
If you think you can break 6 tomorrow, then I said you are right !!
Sikit sikit drop sudah happy banyak banyak ... really cheap skate ~~
2021-01-21 14:46 | Report Abuse
Pls la ... cant even touch 6.10, now you want shortie to break 6 ??
Seriously, are you joking me ?? wakaka
2021-01-21 13:43 | Report Abuse
Between trust all of us are waiting to top up !! Soon shortie will fall short like their name !!
2021-01-21 13:41 | Report Abuse
mRNA Tech ?? The is a reason why the vaccine is only given emergency use instead of official use !! This technology had not been tested fully and is not trusted yet !!
The norway 23 death is a live example of the vaccine from this technology !!
2021-01-21 13:38 | Report Abuse
No Worries!! Confident it wont break 6 ~~ Shortie have no marble and ability to go beyond !!
2021-01-21 08:43 | Report Abuse
Tan Sri is using psychology on shortie, to show they are always there waiting to counter !!
Lets start a war !!
2021-01-21 08:21 | Report Abuse
Trust the are trying to buy a bigger cap so that they can go all out !!
We are all waiting impatiently ~~
2021-01-21 08:19 | Report Abuse
Let Calculate Tan Sri latest Dividend:-
Direct 2,105,671,456 units X 16.5 sen = RM 347,435,790
In Direct 691,819,748 units X 16.5sen = RM 114,150,258
Total = RM 461,586,048 worth of dividends to counter shortie ~~
Without forgetting SBB, another RM 1 B at least !!
No wonder shortie scared to go all out attack !! P U SSY!!
2021-01-21 08:18 | Report Abuse
Dont worry too much on the naysayers and haters !! The fact they badmouth this counter is because they dont have the financial capacity to influence the pricing and they need to influence others to do so !! In the end, they need other to drive down the price so that they can capatalise !! It is a dog eat dog business, right ??
We should act like Warren Buffet to ignore all this low class hypocrites and trust the company fundamental!!
2021-01-21 08:17 | Report Abuse
Overall review:-
EPF interested in buying again with ESG fulfillment
Crossed buying from recovery market sell off
Covid mutation in UK, may lead to potential epidemic
Vaccine faced production capacity limitation
Vaccine faced distribution issue
Vaccine had allergy effect
Vaccine do not have testing for long term side effect
Vaccine not recommended for under 16
Vaccine not recommended for pregnant mom
Covid to spike from now till end of Feb
ASP for glove to rise 20-30% in this quarter
Order in hand for FY21 and FY22 still in tag
Record breaking RM 3.5B PAT coming QR
Additional 10% capacity in the coming quarter
Worker act issue and accomodation to be settle this month
US Ban in final discussion, expected to be resume export in Jan
Management continue to buy in and provide support line
Glove demand expected to rise by 20-30% in FY21
Divident at least 10% for FY21 with the current price
2021-01-21 08:17 | Report Abuse
TG next quarter review:-
ESG fulfillment will prompt EPF acquisition
Additional 10% capacity = Increased Revenue
ASP to rises 20-30% = Approximately RM 3.5Billion PAT
Worker Accomodation to be settled in Jan
US Ban in final stages of discussion, should be lifted in FY21Q2
Demand for glove expected to rise 20-30% in FY21
Remained as a safe haven from political uncertainy
Remained as favourite to capitalise in Covid spike
Next dividend should be more than 16.5sen due to increased Revenue and PAT
2021-01-21 08:16 | Report Abuse
6th Jan 2020 Top Glove AGM Summary
1. ASP in Q2FY21 is expected 30% higher than Q1FY21. The whole industry players in gloves manufacturing agreed that the ASP will remain strong for year 2021.
2. Delivery period increase from 30~40 days previous to 560 days and 370 days for nitrile and natural rubber gloves respectively. Note: Nitrile and natural rubber gloves comprises of around 90% of Top Glove revenue in FY20.
3. US gloves stockpile reduced from 16.9 billion pieces to 2 billion pieces in October 2020.
4. Some Top Glove customer stockpile for gloves reduced from 2~3 months to 1~2 weeks.
5. Top Glove is exporting gloves to 195 countries currently.
6. Top Glove has enough raw material for continuous manufacturing of gloves.
7. Top Glove expects new players in gloves manufacturing facing issues from factory installing, workers and raw material issues.
8. Dividend payout for Q2, Q3 and Q4FY21 will be 70% on PATAMI.
9. Reason for share buyback (SBB) is because Top Glove thinks their company is undervalued at the purchased price and expects better return than putting into FD which gives 2% only. The amount of SBB is only 2.15% from the allowed 10% threshold.
10. Top Glove has 4 billion cash as of 31 Dec 2020.
11. US Border issues will be resolved when the independent international consultant verified the hostels and accommodation meets the required of Workers Housing Act 446.
12. All Top Glove factories that has been affected by Covid-19 lockdown has been resumed operations as of 20 Dec 2020. The lockdown is expected to impact 4% of the total revenue and profit.
13. Top Glove is spending 100 million for next 3 years to build hostels for 7300 workers and using 95 million to acquire new apartments for 2700 workers.
14. Top Glove is moving towards automation direction which previously 1 million gloves need 8 workers and now only 1.6 workers.
15. Top Glove current factory utilization rate is 95%.
16. Malaysia will remain the focus ground of gloves manufacturing activities at the same time expanding their existing foreign manufacturing plant.
17. Top Glove Hong Kong listed is expected around mid 2021.
18. Top Glove aims to achieve Fortune500 by 2035 with an expected CAGR of 20%. Note: Top Glove current CAGR is 28%.
2021-01-21 08:16 | Report Abuse
TopGlove IPO price RM2.70 March 2001
2,000 units X RM2.70= RM5,400
Bonus issues:
2002 3:10 ==> 2,600 units
2003 2:5 ==> 3,640 units
2005 1:1 ==> 7,280 units
2007 2:5 ==> 10,192 units
2010 1:1 ==> 20,384 units
2016 1:1 ==> 40,768 units
2018 1:1 ==> 81,536 units
2020 2:1 ==> 244,608 units
244608 units X RM 6.13 = RM 1,499,477
2021-01-20 21:45 | Report Abuse
gemfinder !! lets talk ... what is price did you q to buy ?
2021-01-20 21:43 | Report Abuse
Sound like market manipulation when people play with their left right party ~~
Not suprising, even IB got caught doing so and had to pay a hefty fine !!
https://www.cnbc.com/2020/09/29/jpmorgan-chase-to-pay-920-million-to-resolve-us-investigations-into-trading-practices-.html
Stock: [TOPGLOV]: TOP GLOVE CORPORATION BHD
2021-01-24 15:21 |
Post removed.Why?