Benhobenhobenho

Benhobenhobenho | Joined since 2021-06-30

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2021-09-24 19:34 | Report Abuse

For the full financial year ended Aug 31, 2021 (FY’21), the glovemaker saw a rise in sales volume from Latin America, Eastern Europe, Western Europe and Asia excluding Japan of 17%, 8%, 15% and 12% respectively compared to a year ago.

Following the lifting of the US Customs and Border Protection (CBP) ban, Lee said Top Glove is expected to see a boost in sales volume in the coming quarters with the resumption of sales to the US market.

It is important to note that its sales to the US accounted for 15% of the group’s total sales in FY’21.

He pointed out that exports to the US is expected to be fully normalised by December and shipments would resume as early as end of this month.

“We are back in business and have goods that are ready. We are confident that we will retain our customers in the US and also attract new customers.

“Our customers know that we have the capacity and capability. They know one of the ways to grow bigger in their industry is to have a strong supplier like Top Glove,” Lee said.

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2021-09-24 18:48 | Report Abuse

@toonefa, how accurate is your clarification about this shortlist, I wonder

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2021-09-24 16:57 | Report Abuse

Looks like closed at day high

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2021-09-24 16:51 | Report Abuse

Wow!! Last minute buying, good news coming

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2021-09-24 16:47 | Report Abuse

Why the fall in prices if the scr is going to go thru? Shouldn't the share prices rise if the privatisation is going to be successful

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2021-09-24 16:41 | Report Abuse

Look like funds from tech stocks are slowly moving back into gloves

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2021-09-24 16:11 | Report Abuse

TG is definitely extremely cheap now. At this entry price, the downside is very much limited as compared to last year.

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2021-09-24 16:03 | Report Abuse

For the full financial year ended Aug 31, 2021 (FY’21), the glovemaker saw a rise in sales volume from Latin America, Eastern Europe, Western Europe and Asia excluding Japan of 17%, 8%, 15% and 12% respectively compared to a year ago.

Following the lifting of the US Customs and Border Protection (CBP) ban, Lee said Top Glove is expected to see a boost in sales volume in the coming quarters with the resumption of sales to the US market.

It is important to note that its sales to the US accounted for 15% of the group’s total sales in FY’21.

He pointed out that exports to the US is expected to be fully normalised by December and shipments would resume as early as end of this month.

“We are back in business and have goods that are ready. We are confident that we will retain our customers in the US and also attract new customers.

“Our customers know that we have the capacity and capability. They know one of the ways to grow bigger in their industry is to have a strong supplier like Top Glove,” Lee said.

Stock

2021-09-24 15:22 | Report Abuse

For the full financial year ended Aug 31, 2021 (FY’21), the glovemaker saw a rise in sales volume from Latin America, Eastern Europe, Western Europe and Asia excluding Japan of 17%, 8%, 15% and 12% respectively compared to a year ago.

Following the lifting of the US Customs and Border Protection (CBP) ban, Lee said Top Glove is expected to see a boost in sales volume in the coming quarters with the resumption of sales to the US market.

It is important to note that its sales to the US accounted for 15% of the group’s total sales in FY’21.

He pointed out that exports to the US is expected to be fully normalised by December and shipments would resume as early as end of this month.

“We are back in business and have goods that are ready. We are confident that we will retain our customers in the US and also attract new customers.

“Our customers know that we have the capacity and capability. They know one of the ways to grow bigger in their industry is to have a strong supplier like Top Glove,” Lee said.

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2021-09-24 13:22 | Report Abuse

@spermx I agreed, stocks cannot be forever up n the reversal is true also.

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2021-09-24 11:16 | Report Abuse

SBB need the approval of shareholders, that's why they didn't

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2021-09-24 10:43 | Report Abuse

For the full financial year ended Aug 31, 2021 (FY’21), the glovemaker saw a rise in sales volume from Latin America, Eastern Europe, Western Europe and Asia excluding Japan of 17%, 8%, 15% and 12% respectively compared to a year ago.

Following the lifting of the US Customs and Border Protection (CBP) ban, Lee said Top Glove is expected to see a boost in sales volume in the coming quarters with the resumption of sales to the US market.

It is important to note that its sales to the US accounted for 15% of the group’s total sales in FY’21.

He pointed out that exports to the US is expected to be fully normalised by December and shipments would resume as early as end of this month.

“We are back in business and have goods that are ready. We are confident that we will retain our customers in the US and also attract new customers.

“Our customers know that we have the capacity and capability. They know one of the ways to grow bigger in their industry is to have a strong supplier like Top Glove,” Lee said.

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2021-09-24 09:29 | Report Abuse

Personally I don't think asp will drop to below pre covid prices otherwise this will spell trouble for many manufacturers n suppliers n cause many glove biz to collapse. But big ones like TG will survive

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2021-09-24 08:53 | Report Abuse

For the full financial year ended Aug 31, 2021 (FY’21), the glovemaker saw a rise in sales volume from Latin America, Eastern Europe, Western Europe and Asia excluding Japan of 17%, 8%, 15% and 12% respectively compared to a year ago.

Following the lifting of the US Customs and Border Protection (CBP) ban, Lee said Top Glove is expected to see a boost in sales volume in the coming quarters with the resumption of sales to the US market.

It is important to note that its sales to the US accounted for 15% of the group’s total sales in FY’21.

He pointed out that exports to the US is expected to be fully normalised by December and shipments would resume as early as end of this month.

“We are back in business and have goods that are ready. We are confident that we will retain our customers in the US and also attract new customers.

“Our customers know that we have the capacity and capability. They know one of the ways to grow bigger in their industry is to have a strong supplier like Top Glove,” Lee said.

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2021-09-24 08:37 | Report Abuse

Good day everyone

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2021-09-23 22:35 | Report Abuse

Will knm drop to 0.20. time to buy if 0.20

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2021-09-23 17:00 | Report Abuse

Can shortlist have such a big part in this downtrend, I wonder

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2021-09-23 15:31 | Report Abuse

No way it's going to go back to pre-covid prices. How about the billions earned last year. TG has billions in its coffer n can do wonders with that kind of cash which many listed companies are yearning for. TG can do m&a expand their biz, takeovers etc etc....

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2021-09-23 15:26 | Report Abuse

See how much longer can they bashed down the price. Bear in mind, TG is a highly profitable company n had been in this glove biz since 1991. This is a good n fundamental stock.

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2021-09-23 14:26 | Report Abuse

Just the drop in asp alone does not warrant for such a drastic drop in share prices. It's very much overdone. Hidden hands are manipulating the prices too

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2021-09-23 11:44 | Report Abuse

@goody99, that's why u need to have a longer term view not just 1-2 week n u expect good returns. Unless u are very lucky.

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2021-09-23 11:17 | Report Abuse

Most investors, I noticed are looking at short term which may be able to give good n sometimes fantastic returns if the market is on bull run but sad to say in today market conditions, many will see their investment evaporate if not careful.

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2021-09-23 09:25 | Report Abuse

More importantly as long as one invest in a good n profitable company with a timeframe of at least 5 years, one should not be too worry with the ups n downs of share prices. These are all part n parcel of share investing but in the long run, one will eventually get the rewards.

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2021-09-22 20:10 | Report Abuse

We have to live in the new normal, virus is here to stay. That's the reality now

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2021-09-22 16:38 | Report Abuse

UPTREND continue tomorrow

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2021-09-22 16:25 | Report Abuse

UPTREND continue, it's now or never

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2021-09-22 15:51 | Report Abuse

Today's uptrend is just starting, a small step of a journey of a thousand miles.

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2021-09-22 15:39 | Report Abuse

No worry, buy n keep for longer term, u won't go wrong.

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2021-09-22 15:19 | Report Abuse

Buying continues, don't be left behind

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2021-09-22 15:17 | Report Abuse

Why worry when u are investing in a strong n profitable company on a long term basis. It's only a problem if one think of short term n immediate profits.

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2021-09-22 15:13 | Report Abuse

Green green grass of home

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2021-09-22 14:56 | Report Abuse

As long as u invest in a fundamentally strong n a profitable company on a long term basis, there's no reason to be fearful of price dips, these are just part n parcel of investing. U should not be too worry

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2021-09-22 13:14 | Report Abuse

bsinvestor good rebound today, congrats everyone
Hopefully it continues

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2021-09-22 12:21 | Report Abuse

Green green grass of home

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2021-09-22 11:59 | Report Abuse

Thanks to the modern technology n all these tracing apps n internet, if not things could have been worse. Imagine if this pandemic happened 30 years ago.

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2021-09-22 11:23 | Report Abuse

The manipulators are trying to use scare tactics to make retailersl sell cheap so they can collect low

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2021-09-22 11:09 | Report Abuse

I am sure everyone will want to live a normal life but the reality is the virus is still among us.

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2021-09-22 10:58 | Report Abuse

One thing is sure, pandemic not going to end soon although I hope it can just vanish immediately so that life can return to normal again.

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2021-09-22 10:50 | Report Abuse

No doubt, price is extremely low for a multi billion company, even lower than TP set by jp at 3.50

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2021-09-22 10:46 | Report Abuse

Such a strong volume in the morning, I wonder who's buying

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2021-09-22 10:22 | Report Abuse

Why volume so high, a lot of buyers?

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2021-09-22 10:20 | Report Abuse

Green green grass of home

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2021-09-22 10:18 | Report Abuse

Ya, too cheap to ignore. Buy before it shoot up again

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2021-09-22 10:14 | Report Abuse

Hopefully will sustain

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2021-09-22 08:45 | Report Abuse

Good news for today. REBOUND

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2021-09-21 21:30 | Report Abuse

Can knm reach 1.00. actually your guess is as good as mine