I believe in their OBM model.
I think the pandemic will give them more biz.
Their fwd expansion to US will be a game changer.

Pick some durians today.
Waiting for 18c.

Sorry sorry.
Bought both TG and Supermax lol.
Waiting for dividend from TG.

Bought some again..
Too cheap to ignore esp with 18c coming soon.

Many spread fear and negative news BUT ..
Current orders, revenues and Profits are real.
All these will not go away in an instant.
Fact is company is busy many more money than ever till 2023 at least.

MARGMA reported that Global supply of rubber gloves is projected to reach 420 billion pieces this year in 2021, some 80 billion pieces short of the projected demand of 500 billion pieces.
The projected demand will continue to grow at least 10% per year..

Still trust fundamentals.
Due to pandemic, many country will improve their healthcare facilities and support systems including building more hospitals.
The healthcare disparity between the developed countries and third world countries are huge.
Demands for PPE and gloves will grow exponentially as pointed out by MARGMA and many research houses.
Gloves companies revenues and profits will continue to be high.

Supermax has gotten even more direct customers due to the pandemic.
The deals they give to gov bodies and health institutions direct will be better than OEM distributors as they are glove makers.

TG continue to pay dividend every 3 months, shorts will have to top up.
With good profits report evry qtr, how low can the shares be shorted down?
Soon, it will gap up BIG TIME!

Due to pandemic, many country will improve their healthcare facilities and support systems including building more hospitals.
The healthcare disparity between the developed countries and third world countries are huge.
Demands for PPE and gloves will grow exponentially as pointed out by MARGMA and many research houses.
TG revenues will continue to be high and profits elevated for a while.

TG extreme undervalued.
Analysts trying to justify TP to the current depressed price. Not surprised.

ASP although reduced but still high giving TG huge profits.
US ban will be resolved, capacity expansion ongoing, HK listing is a matter of time.
I wait to collect dividend 18c soon and big capital gain when above are sorted out.
Go long with EPF and insiders wont go wrong.

Making such profits and giving high dividend..
The yield cannot be found anywhere else.
Cannot understand why ppl sell down the world no 1 glove maker to this level. Be steady. Hold to huat with big boss.

TG report coming.. so many negative ppl here.
Those who long, 2 more hours are all we need.
Dun sell cheap.

TG results tomorrow..
Either good or v good results?
Dont sell cheap imo.. trade w care.
Can be very volatile.

TG was shorted 253m shares or 3.09% on 28 May2021.
Now at 245.3m shares or 2.99%.
Covering started few days back.
Ready for the big move soon??
2 more trading days to QR.

Insider Director bought more yet retailers selling, what a strategy..
Think about it.

Top Glove (Trading Buy, TP: RM7.60):
Remains committed to Hong Kong listing plan. Top Glove remains committed to the proposed IPO in Hong Kong. it said where appropriate, material developments regarding this matter will be announced on the relevant stock exchanges.
(The Edge)

Can see many fake news/ rumours..
From the daily shorts reports, shortists are covering back their shares last 2 days.. EPF also buy more for capital gain.. Check it out.
IPO in HKSE still intact.
QR results should trigger a gap up.
I am not selling.

Supermax exposure to more and bigger buyers due to the pandemic will greatly support their OBM model.
The buyers deal direct and get it cheaper..
Supermax will have a list of long term buyers (not distributors or resellers).
Win win going forward.

EPF bought more shares yet again.
QR next week, let all support TG and prosper together.

Shorties quickly reverse your positions. Dont kill our gloves industry. They pay taxes and give employment to many of our countrymen.

@ observatory
Intco mgtm selling out...
Dont put your trust on china companies such as Intco Medical too much. Their projections and numbers may not be real.
Support the locals gloves players.
Stock price pressed by shorts and angmoh houses to kill the companies. Many related companies n our livelihood can be at stake.
Think about it

Shorts are just killing our own country gloves industry and related eco sys n livelihood.. its like ganging with ang mohs to eat us.. feel sad.

Malaysian gloves companies should be working together to help one another.. restore gloves makers leadership.

The latest Intco Medical announcement shown that you cannot put your trust on china companies too much. Their lofty projections and numbers may not be real.
Support the locals gloves.
Stock price pressed by shorts to kill the companies and the eco system incl transport, housing, packaging etc etc.
Many livelihood here are at stake.

Think about it before killing our own ppl..

Dun put your trust on china companies such as Intco Medical too much. Their projections and numbers may not be real. Support the locals. Stock price pressed by shorts to kill the companies. Many livelihood are at stake. Think about it..

Just wonder why ppl sell based on hearsays..
Gloves companies make so much yet price dropped like going bankrupt.. Dun be fooled. I am holding my shares till next few qtrs results at least.

QR in 1 week time..
Top gloves orders are filled till 2022 (about 6 to 8 months delivery) make so much money at least until 2022 or 2023. Catalysts will be coming record earnings and dividends, HK listing approval. How can the price stay so low? Just a quarter of its historical PE? Isnt it deeply discounted and oversold big time?
When people are fearful, we should be greedy!

Its good to have different views and thesis.. Tks guys!

Healthcare institutions and professionals would not risk life for lower costs medical consumables. They would not anyhow buy from sellers online. Covid is definitely not over. Stay safe.

Agree.. short sellers better cover fast. Risk reward just not worth it.
Just checked SGX and MAS data, Top glove shorts are ALL covered.
Dont be the last one.. ouch!

8290 cases today!!
Covid over?
Look at hard fact And not just hope for fast recovery..
Shorts beware..

Malaysia cases are at record high... why ppl still cannot get it?? Covid is here and everywhere for a while.

Soon shorts will reverse and gap up high high.. coming soon!!!

EPF bought about 100m shares since Jan 2021. Now holding 6.2%.. patience is key.

Results either good or very good. The IB will start pushing it back to at least 8 when they collect enough. Watch it.. its a fact.

The company results next month. Any body wanna guess the profits?

We all need to live with Covid virus for at least 2 to 3 years.. all countries are still struggling and new wave will come due to mutants. Gloves will be needed to fight this war. This is fact.

Top glove due to reverse direction.. June results will vindicate the company..

The verdict is crystal clear.. one sector made so much money while the other lost their pants.. it will be continue to be the same for another year at least.

Malaysia reports highest daily rise in infections with 7,478 new Covid-19 cases..
The covid19 are triving in many third world countries due to lack of vaccines. These mutated variants will be more deadly and render vaccines ineffective. Its a sad hard truth. Cannot be complacent.
No one country is safe until all countries are.

EPF has been buying almost daily.. as an investor or trader, ask why?

When US, Europe open up, 3rd wave will come if they are complacent and dont wear masks etc. PPE are still needed to fight Covid. Watch it..

Record Covid cases in Malaysia despite MCO.. The virus variants are mutating and getting stronger and stronger. Gloves demands will be elevated as they are needed to fight Covid. Stay safe and trade with care.

With so many Covid cases reported in asia and more lockdowns imposed, it will likely increase asp of gloves due to shortages. Look out for more third waves in Europe and US when Indian variants hit their shores.
The pandemic is not over until all countries got their cases under control. Gloves demands will continue to be high.. Trade with care.

EPF has been buying and now accumulated 6.12% Top gloves shares. Is it because of outstanding record breaking results coming out next month? Trade with care!