too bad bank negara make it stuck at 4.478. They are avoiding 4.48 so they dont appear in headlines as "Malaysia Ringgit Drops to Lowest Level ever". MO1 will cut all their heads. Hahahaha.

Your TP is unreasonable because you give no reasons.
:)
Mind my words

You are welcome
:)
Hope you retire nicely and have a peaceful life.

That one i also memang know. But whether it can break, that is my biggest question. In time, most probably.. but when.. i dunno. Price war is done, tariff hikes are done, wages rise is done. Now we only have usdmyr continue to benefit topg and improving operations through automation and steady volume growth. Prospects seems good for me. But see whether the big fish agree with me.

wow i didnt realise that until you pointed that out @junichiro. short term technicals are looking good too. so we shall see..

oh haha. okay. thanks @calm_trader

Jf promoted gadang when it tank? What did they do? @calm_trader

This JF Apex broker removes forex gain to make his calculations so he's missing a major part in his calculations. Anyway my internal target price is 5.80 based on 4.20usdmyr and 20x p/e. Anyway we shall see :) for me i will buy since we will only see sequential earnings growth from now on.

Hahahha ya. Cimb con-artist of a broker. But at least their TP not ridiculous like vivocom 250% upside hahaha

Cimb upgraded topglove to Buy. http://www.klsescreener.com/v2/news/view/168211

wow usdmyr 4.478 now.. exporter play round 3? lol

Wow. Usdmyr 4.478 liao. Where are heading now??

Good job bank negara. You finally gave in to market forces. Time to say hello to 4.50 then 5.00 usdmyr

Hahaha buy epf stake? Epf and me buying from all the dumb dumb retailers

central bank also weak. can give in to politician orders lol.

malaysian analysts all con-artist. especially CIMB analysts.

usdmyr 4.475. Wow. Suddenly so weak.

thank you cyril. hopefully i am not the dumb person in the end though! :P

hahahhahaha. i thank all you dumb dumb retailers for selling to me.

cheap sale :D

Usd forex gain was only for less than a month. Next quarter will feel the full impact in forex gain

Lol results was out yesterday noon, if people wanted to run they would have done so yesterday.

calvin must be broke from all his bad investments.

looks like institutional investors are happy with the results. So am I.

As an investor i like to see this, but no idea how the retail investors will take this haha. probably they will sell because they see big red number.

last year also had good USDMYR rate. Now we have that again, and the yoy comparables are weaker. So from next quarter onwards we will have explosive net profit growth.

continuous quarter-on-quarter improvement. Now with weaker year-on-year USDMYR comparables from 2QFY17 onwards, we are ready to ride the TopGlove train to the sky.

CIMB analysts all con-artists. No one will believe their call anymore. Sad.

all memang morons in govt. when weaken dont report, but when strengthen slightly they shout to the whole world. hilarious!

crash? you mean rally? you know rate hike means USDMYR weaker which means more profit for Topglove right? Guess you are unaware, its okay, you learn something new everyday,

I like how malaysian news reports when ringgit strengthen, but not when ringgit weaken.

Bank Negara measures not enough to make USDMYR strengthen. It is starting a new weakening trend.

you think so easy to build oil rig? lol. maybe you wait 9-12 months then there's more supply.

shale reach 20mil bpd? are you crazy? there is only 6million bpd installed shale capacity in the world. go and research before you talk shit sharktank.

wow. you keep making money @EricBull? Good job. Not many people can be like you. You should be very proud of your achievement!

evergreen is a poorly run company with Singaporean executive only thinking about placement to increase his own salary.

Look elsewhere while sharks accumulate this stock to goreng in the near future. lol. thanks @BuyWithConviction

Next week will be an eventful week. TG Results an US fed meeting.

means the 50% is approved already @CLIQ

He said resolved already. so no more double conversion for companies that request for it.

In making specific reference to the Malaysian Rubber Glove Manufacturer Association’s (Margma) call for an exemption from having to convert 75% of its export earnings to ringgit, he said BNM has already provided exporters to hold higher balances (with the central bank’s approval) to meet their obligations in foreign currency.

“Thus the request by Margma to reduce the conversion of foreign currency proceeds into ringgit from 75% to 50% is already addressed by BNM including the double conversion concern,” said Abdul Rahman in a statement yesterday.

In making specific reference to the Malaysian Rubber Glove Manufacturer Association’s (Margma) call for an exemption from having to convert 75% of its export earnings to ringgit, he said BNM has already provided exporters to hold higher balances (with the central bank’s approval) to meet their obligations in foreign currency.

“Thus the request by Margma to reduce the conversion of foreign currency proceeds into ringgit from 75% to 50% is already addressed by BNM including the double conversion concern,” said Abdul Rahman in a statement yesterday.

In making specific reference to the Malaysian Rubber Glove Manufacturer Association’s (Margma) call for an exemption from having to convert 75% of its export earnings to ringgit, he said BNM has already provided exporters to hold higher balances (with the central bank’s approval) to meet their obligations in foreign currency.

“Thus the request by Margma to reduce the conversion of foreign currency proceeds into ringgit from 75% to 50% is already addressed by BNM including the double conversion concern,” said Abdul Rahman in a statement yesterday.

In making specific reference to the Malaysian Rubber Glove Manufacturer Association’s (Margma) call for an exemption from having to convert 75% of its export earnings to ringgit, he said BNM has already provided exporters to hold higher balances (with the central bank’s approval) to meet their obligations in foreign currency.

“Thus the request by Margma to reduce the conversion of foreign currency proceeds into ringgit from 75% to 50% is already addressed by BNM including the double conversion concern,” said Abdul Rahman in a statement yesterday.

Settled edi.

In making specific reference to the Malaysian Rubber Glove Manufacturer Association’s (Margma) call for an exemption from having to convert 75% of its export earnings to ringgit, he said BNM has already provided exporters to hold higher balances (with the central bank’s approval) to meet their obligations in foreign currency.

“Thus the request by Margma to reduce the conversion of foreign currency proceeds into ringgit from 75% to 50% is already addressed by BNM including the double conversion concern,” said Abdul Rahman in a statement yesterday.

So settled edi.

In making specific reference to the Malaysian Rubber Glove Manufacturer Association’s (Margma) call for an exemption from having to convert 75% of its export earnings to ringgit, he said BNM has already provided exporters to hold higher balances (with the central bank’s approval) to meet their obligations in foreign currency.

“Thus the request by Margma to reduce the conversion of foreign currency proceeds into ringgit from 75% to 50% is already addressed by BNM including the double conversion concern,” said Abdul Rahman in a statement yesterday.

http://www.theedgemarkets.com/my/article/jomo-loss-confidence-government-key-dampener-ringgit-performance

http://www.theedgemarkets.com/my/article/jomo-loss-confidence-government-key-dampener-ringgit-performance

huntsmen. you share past info for what. doesn't tell me what they are doing now... For all i know they were the one that caused the share price to go down yesterday because they bought so much and now sell equally as much.

because if he wait. Economy will get much worst and Mahathir will gain power. So better now than later.