Trust me glove is really back !! Once Biden take over ... he will focus on health and safety !! PPE is on of the priority ... And all the outstanding CBP appeal case in progression, will be reviewed even faster !!

First of all EPF is engaged with registered Shortie on SBL, which the amount is significant enough to crease them from being a substantial holder; therefore they dont need to report their transactions anymore !!
Secondly, the new short cap is already two third of the limit, in which had prompt the shortie to be more cautious about their activity. Between, most of them are using SBL to short anyway... so they need to be even more cautious otherwise they will get burn from both directiom !!
Last but not least, Tan Sri is super rich and have plenty of super rich friends!! What make you think he is worried about a low class IB who got sued Millions for giving out misleading info for market manipulation??
Pls do your homework before you type !! Dont utter nonsense like the nay sayers !!

You know when a dog got hurted and had an open wound, they tend to lick their own wound and stay passive ...
Trust that is what happen to shortie !! A pitiful injured DOG !!

Yesterday I went in with all my dividend $$ in the dying minutes ... but this morning, I kind cash out again ...
Will follow meow to wait for shortie do their job to RM 4 .... LOL

Mari Mari ... lai liao ... Tomorrow limit up!!

Last time I heard is that the glove stock pile had dropped to critical level !! Time to topped up !!

Biden is a health safety guys !! Guess what he will do to the glove industry ~~ All the star is aligning to glove now !!

Not forgetting they are using SBL lagi .... What you borrow, need to pay back, my friend !! Wakaka ...
No extra fund to short, dont act big and do big ...

Go back home and s u ck your milk la ... little shortie boy !!

Let Calculate Tan Sri lastest 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 ~~

No wonder shortie scared to go all out attack !! P U SSY!!

But again, this shortie are all opportunists... when you are not looking or when you go all in, only then they will come in short to the limit !! Bloody CB MF

We are all waiting for the shortie !! If they make the first big move, we all come in !! Lai la ... I challenge them to do so !!

This morning was the pumping of crossed buying from bank in the fear of reducing OPR rate !! Now, that it is done and dusted with... the fund had crossed sell to bank again ~~

Trust all the fund had transferred out to the bank again after the OPR announcement ~~
Bare in mind the glove believer is still holding and shortie is losing their drive due the net short cap !!
Between the need to return SBL!!

They buy back in order to reduce the new cap short !! So they can short more in the future ~~

Offloaded some ... Foresee some is reloading bullets to short~~

Shortie had lost their drive and Naysayer are failing to find new issue to talk!!

Again, if the company is fundamentally right... the only way to go is up and up !! Time to fly ~~

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!!

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

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

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

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%.

https://www.theedgemarkets.com/article/top-glove-slams-canadian-tv-reports-about-working-conditions-its-factories-misleading

Shortie no more power already ~~ waste my effort believing a losing team !! Had go all in the dying minutes today~~

Wah sam seng is back !! Sam seng pls help me to understand ~~
Why you people like to keep long hair and wear bracelets even for male ?? You guys like to practices homosexual ?? If so, does our goverment allow this ?? Did Azmin come and find you ??
wakaka

Where is my limit down day ?? So many nay saying and pessimism yet still cant break 6 ??!! Really disappointed ... wakaka

Interesting to see the short net cap ~~

Trust you havent seen the volume on the first day of trading !! Systematically usage of 10,000k resistance on every level ~~

Their RSS doesnt look as intimidating as the first day of trading this year !! Maybe just the small fish testing the water~~

Shortie had lost their drive and Naysayer are failing to find new issue to talk!!

Again, if the company is fundamentally right... the only way to go is up and up !! Time to fly ~~

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!!

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

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

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%.

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 6.42= RM 1,550,814

https://www.theedgemarkets.com/article/top-glove-slams-canadian-tv-reports-about-working-conditions-its-factories-misleading

All the naysayers, pls do yourself a favour and shut up ...
No power but want to talk a lot !! Got covid reason also cant break 6 !! No capital to pull down the price, just sit at the side and be silent !!

CB waste my time to gather bullets ...
all the shortie no balls to attack !! Thought they will use the covid reason to create panic !!

All this nay sayers or predictor really have patient !! we curse them, we challenge them, we ask them to go elsewhere ... yet they still come everyday !! Really very good DOG !! wakaka

when 3.5 really come ... we all already earn multiple dividends and bonus issue liao ...

Want to how siao .... also how siao until like that!! what a failure~~

Everyday say tp 5, 4, 3.5 but never fulfill ... you not sienz, everyone also sienz liao !! Pack you bag and go back home la ... little boy !!

I follow mabel quote !! wait until my hair from blonde turn white !! wakkak

Wait until durian fall ?? When orr ?? my bullets no where to shoot now !!

All the shorties, nay sayers or haters are all ball less lan par par lan pushover ~~ no power at all !!

TG had paid all dividends to the registered share puchased, If anyone did not receive it is either they bought after the ex date or their account doesnt register the share on time ~~

Boring day ~~

Once PP issued, the different will be factor into the price ~~ FYI, be prepared !!

If you dont need the $$, then why bother to sell ?? Just enjoy the dividend and potential growth~~

Cycle will repeat itself !!
A few months ago it touched 1.49 ... Trust next week, it will fulfill the circle ~~