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SG electricity business big challenges ahead.
Jordan power plant half die already.

UK water business is a deep blackhole sucking cash.


AI data center only one tenant Sea Limited. A big headache for YTL's son.

Posted by Johnchew5 > 26 seconds ago | Report Abuse

Hoho if not unloading shares by this year .. wait for another 10 years ? Shl be worst lo ..

Huge investment from SG government for renewable energy 👏

https://cleantechnica.com/2024/08/21/no-solar-energy-no-problem-gigantic-undersea-cable-will-make-it-happen/

Australia announced a massive solar farm that it hopes will eventually offer 2 gigawatts (GW) of power to Singapore via undersea cable.

Singapore's Energy Market Authority has already granted conditional approvals to import 1GW from Cambodia, 2GW from Indonesia and 1.2GW from Vietnam.

What is the impact to conventional power plant in Singapore?

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EPF accumulating what you worry? Results also moving up trend. Betul??

Joker. 🤣🤣🤣

Posted by NatsukoMishima > 21 minutes ago | Report Abuse

Tp 60 sen

Right here waiting for you RM 1.00.

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Get ready bullets...

No I didn't. The other TG supporters sent him to jail.

Posted by TiGongPoPiPopi > 2 hours ago | Report Abuse

My name is TiGongPopiPopi. Ularsawa in the jail right bcos you asked others to flagged him right?

Whatever but UlarSawa you missed opportunity for 3 rounds. 🤣🤣🤣🤣🤣


Sia sia you camping here. 😂😂😂😂

Posted by TiGongPoPiPopi > 35 minutes ago | Report Abuse

Anyway whatever price is beyond your control also

UlarSawa you don't kongkam, TG won't go back to MYR 5, 6 that price you bought during pandemic. You have to wait until another round of pandemic loh. Haiyoh betul? 🤣🤣🤣🤣

UlarSawa turned to TG promoter ke?
You missed 3 rounds of wagyu BBQ, Haiyoh betul?

Sold 1.24 3rd round locked profit.

See you next time.

RHB give 1.32 TP

KUALA LUMPUR (June 18): Investors should now buy shares of Top Glove Corp Bhd (KL:TOPGLOV) even as the world’s largest glove maker by volume may report another quarterly loss and stay in the red for the second year, RHB Investment Bank said.

RHB IB upgraded its recommendation for Top Glove to “buy” from “neutral” previously, citing improving investor sentiment from “favourable” operating dynamics. RHB IB joins a very small minority with a “buy”’ call out of more than two dozen research houses covering Top Glove.

Top Glove “is poised for a meaningful share price recovery in 2024”, RHB IB said in an earnings preview note. The stock is also high beta, the house noted, meaning that it has relatively higher risk and returns that come with higher volatility.


The company will probably report a core loss of RM40 million to RM45 million for the third quarter ended May 31, 2024 (3QFY2024) versus RM66 million in 2QFY2024, according to RHB IB’s forecast. Top Glove is scheduled to release its results on June 19. Both volume and average selling price (ASP) are expected to recover, RHB IB noted.

However, a 5%-6% rise in natural gas tariff will probably drag on Top Glove, while natural latex has climbed 12% and acrylonitrile was up 3.6%, adding to raw material prices.

Analysts are mostly bearish on Top Glove, with 10 out of 22 research houses featuring “sell” calls and eight on “hold” ratings. Four, including RHB, have “buy” recommendations. The consensus’ 12-month target price is 91 sen, implying a potential decline of 25% from the current price.

So far this year, Top Glove’ shares have risen over 30% on Bursa Malaysia amid investors optimism for a turnaround in the industry beset by oversupply from massive capacity expansion and lacklustre demand, following overbuying during the pandemic.

Top Glove peaked at RM1.26 in mid-May after the US raised tariffs on Chinese rubber medical and surgical gloves effective 2026, as smaller rivals also surged following the news.

At 10.04am on Tuesday, Top Glove was up four sen or 3.42% to RM1.21, after 18.4 million shares changed hands. Its market capitalisation stood at RM9.93 billion.

“We learnt that the industry operating dynamics has turned favourable for glove manufacturers as we understand that customers are more receptive to the ASP increase in the coming months,” RHB said, noting that Chinese glove makers have also raised their ASP.

Demand, meanwhile, has picked up, with total industry exports volume growing 6% quarter-on-quarter in the first three months of 2024, which indicates that “the recovery momentum of global glove demand remains healthy,” RHB IB added.

The company in March reported a narrower net loss of RM51.19 million for 2QFY2024, bringing total net loss to RM108.91 million for its first six months.

While it has managed to narrow its half-year net loss compared with the previous year of RM332.90 million, results came in worse than consensus’ estimates, which called for a full-year net loss of RM69 million, amid lower-than-expected margins.

On its part, Top Glove executive chairman Tan Sri Lim Wee Chai said the company is optimistic of returning to the black as early as August this year, citing further pickup in demand for gloves after two years of inventory destocking due to excess capacity built up during the pandemic.

The company is betting on revenue jumping over 20% in 3QFY2024, after it observed increasing sales for March and April as well as an upward adjustment of the ASP of gloves.

Nitrile gloves' average ASP per 1,000 pieces stood at US$17, while that of natural rubber gloves’ average ASP stood at US$18 per 1,000 pieces during 2QFY2024.

Edited ByJason Ng & Surin Murugiah

Extended Mrec

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Top Glove now a ‘buy’ as RHB IB sees losses narrowing, sentiment improving
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Hit TP before QR release. I hold the tickets to watch tmrw`s QR results.

Mike, thanks for your help!

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Sekali QR report not meeting market expectation, cham loh Waterloo loo loh.

Risk is higher than expected return now.

Gambler is like that lah. Earned money one day have to pay back. Very simple.

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Anak Ular malam ini OT sudah tak boleh claim sama itu millionaire pasal sudah hampalan merah

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Haha haha the 51th Anak Ular died permanently!

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Ya your dream come true very soon become REALPOOR loh. This is a lost making company that why`s price going south ma.

Receivable so high more than a quarter`s revenue. Serbak 2.0??


Posted by Realrich > 3 days ago | Report Abuse

Dream come true next month target price 0.40

Itu Internet cafe supervisor sudah pergi beli makanan buka puasa?

Cakap puasa tapi behavior langsung tak berpuasa. You balik sekolah baca you punya agama.

Aiyoh no more good news, just waiting for bad news to come. The price won't go up, will just stay flat until the bad news come. Don't risk your capital here.

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RealPoor, you hari hari operator operator apa benda?

LimPek recommend buy TG at bottom price. This is rock bottom price ma. Did I recommend buy TG at 5 or 6?

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Hahahahahaa that paid kaki pukul`s 39 fake ID already banned.

Why the millionaire boss hire this low IQ people? Until now he doesn't know how I3 forum works. 🤣🤣🤣🤣🤣🤣

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UlarSawa bring his enermy here, LimPek is one of them follow UlarSawa came here. 🤣🤣🤣

I'm here to advise suiyee suckers stay out of YTPL no point risk your capital for 15%, 20% gain but the downside capital lost could be more the 50%. Remember YTLP already surged more than 400% from the bottom.

To thus already have profit now, it is time to lock the profit and move on the other counters. Don't be greedy like a gambler.

Hahahahaaha now look like UlarSawa is leading the pengkritik-pnegkritik.