Top glove Singapore increase almost 20% today!

Can limit up?

Today onwards we see the real Top Glove!

Kfliao how is Topglove My and Topglove Sg related? How to arbitrage?

@paktua73,
Energiser please add me.
Thanks.

Wah TP RM 20 for Top Glove by Maybank...Nokia 3310 do you have the research report?

https://fifthperson.com/top-glove-2020/

From the above article, Topglove do have OBM which could potentially move to a higher weightage mix between OBM and OEM which the market may be under appreciating at this moment until the next quarter results are out, and also the highest mix in their gloves is nitrile gloves which yields the highest profit margin %. Both these factors means one thing: explosive growth in EPS!

https://www.timesnownews.com/health/article/top-us-hiv-scientist-warns-covid-19-vaccine-may-never-be-found/595447

Nikko88 thanks I presume they are not substantial shareholders if not there would have been bursa announcement since 5.6mil shares bought on 21st May? Or maybe not yet Bursa announcement.

Nikko88 where did you see the 5.6 million shares buy back?

For all theme plays, always a good idea to have the market lead
er as part of the portfolio. Market leader usually have the best run up in share prices however Topglove has been outperformed by Supermax due to OBM factor...time for Topglove to play catch up to the share price run up.

Looking at the way it's running super bullish reallocation of portfolio to Supermax.

Wah Supermax maybe can become No. 1 liao among the Big 4 in next few months.

Yeah if good results should release ASAP due to the good glove stocks sentiment now.

Probability the above link.

https://rfs.cgs-cimb.com/api/download?file=93C476CB-2505-4AE8-8C1F-1F221B125E34

CIMB latest TP is RM 7.

Chief999...agree next star after Supermax is Topglove as their pre Covid capacity was circa 80+% to now 90+% nearing to full capacity so they have the advantage of free capacity for the explosive growth in demand.

Yes agree Pang huat ar!

Seems like a lot of hot money after people take profit of the recent small cap rally will flow to Supermax and possibly Topglove for the best exposure to rubber glove counters.

By the time reach TP then got further upgrades to the latest TPs.

Looks like now depend on Supermax and Topglove to outperform!

For a glove related counter this is below expectation results.

Based on Supermax's results, the glove counters rally seem to be justified!

Careplus majority customers from Brazil?

Careplus still the cheapest if turnaround results.

Uncle mentioned Careplus above...I guess it is in his radar?

https://koonyewyin.com/2020/05/20/comfort-price-correction-overdone/

Johnny cash where did you get that article from? The CMSB is not referring to this Company but Careplus (M) Sdn Bhd which is a JV with Ansell moving forward.

Careplus!

Yes and Ruberex also same operator.

Competition for hand sanitizers will be high but not for Hexza who is the largest Ethanol manufacturer in Bursa.

https://www.channelnewsasia.com/news/asia/malaysia-coronavirus-covid-19-sanitiser-gloves-manufacturers-12450290

Yes strong demand only production will increase which will benefit Hexza...all the restaurants, shops and offices now require usage on hand sanitizers which will be new normal not to mention individuals who have their own hand sanitizer.

With turnaround companies the potential % gains will be massive due to the low base effect.

With new customers imagine how much the price increase could be. With old existing customers harder to hike up prices substantially.

If uncle no more buying who will push share price higher?

Yeah agree Moneyshow3...looks like Hexza is the only ethanol play in Bursa.

Any ideas how much are the disinfectant services? Would expect this to contribute higher earnings in the next few quarter results for Ancom.

Wow looks like some major changes coming.

This new director appointed in the announcement today is he still the Petronas Chemical CEO?

Yes agree would not be surprised if bonus issue comes next after price run up further considering the better prospects and low share base now.

If you are KYY would you rather push the Company which you are the founder (Ruberex) or other people's Company (Comfort). Think about it.

This reminds me of the very initial stages of Ruberex price uptrend. This could be the next Ruberex in the near term.

Volumes only started getting high in last few days.

If drop can collect more good fundamental stock in the right industry now.

Look at how high Ruberrex go if same boss got potential synergies cause both also healthcare business.

Hexza boss is the new Ruberrex boss issit?

Wow packing of gloves during high demand for gloves in addition to high demand for e-commerce during MCO...looks like coming quarters results will be good!

Yes majority of Pos income from corporate so more companies start working means good income for Pos.