Following the outbreak of COVID-19 globally, the Company is seeing the emergence of new
consumers and new consumption not previously seen. The pandemic has resulted in a demand
surge for PPE products, including medical gloves. The use of these protective and infection-control products has expanded beyond healthcare and frontline workers to also include the general public.

This point is very true, I just went to a supermarket n restaurant. Most of the staff wearing gloves. This Covid19 really more serious than H1N1 previously said 10 times, now i would said 50-100 times.

Can u imagine, hospital is just a small place using glove, if whole world supermarket, restaurant, planes, cruises, hotels, offices, schools and etc u name it are required to wear gloves?

It is really H1N1, Supermx/Topglove can up about 10 times of its share price, now can we expect the price can jump 50-100 times?

Following the outbreak of COVID-19 globally, the Company is seeing the emergence of new
consumers and new consumption not previously seen. The pandemic has resulted in a demand
surge for PPE products, including medical gloves. The use of these protective and infection-control products has expanded beyond healthcare and frontline workers to also include the general public.

This point is very true, I just went to a supermarket n restaurant. Most of the staff wearing gloves. This Covid19 really more serious than H1N1 previously said 10 times, now i would said 50-100 times.

Can u imagine, hospital is just a small place using glove, if whole world supermarket, restaurant, planes, cruises, hotels, offices, schools and etc u name it are required to wear gloves?

It is really H1N1, Supermx up about 10 times of its share price, now can we expect the price can jump 50-100 times?

https://www.aljazeera.com/amp/news/2020/06/sees-summer-spike-coronavirus-cases-states-reopen-200612142728196.html

https://www.aljazeera.com/amp/news/2020/06/sees-summer-spike-coronavirus-cases-states-reopen-200612142728196.html

https://www.npr.org/sections/health-shots/2020/06/12/876224115/coronavirus-second-wave-nope-were-still-stuck-in-the-first-one?ft=nprml&f=1001

https://www.npr.org/sections/health-shots/2020/06/12/876224115/coronavirus-second-wave-nope-were-still-stuck-in-the-first-one?ft=nprml&f=1001

https://www.cov.care/blue-nitrile-gloves

Also selling at usd 180 / 1000 pcs

Before Covid: 20-30 USD

In the UK, the NHS has recently bought 88.5million medical gloves from Supermax recently

https://galusaustralis.com/2020/03/501726/nitrile-gloves-market-size-status-global-outlook-2020-to-2026/amp/

https://www.thomasnet.com/insights/world-s-largest-glove-maker-expects-40-profit-surge-in-2020-2nd-half/

Top Glove will continue to expand its operations in line with the growing glove demand globally to ensure it is well-positioned to help protect and save lives, particularly in view of the ongoing outbreak of COVID-19,” the company stated March 19. “At the initial stage of the outbreak, sales orders came mainly from China, Hong Kong, Singapore, and South Korea. However, the group has in recent weeks also received strong sales orders from Europe, U.S., and other countries as well, following its rapid spread to other continents across the globe, which has seen the group’s sales order book double.”

"With the (Covid-19) pandemic, demand from hospitals is now 20% to 50% more. Therefore, we are increasing our production," Chairman Lim said, noting the company's plants are now running at full capacity. "There's a definite shortage as demand is more than supply."

https://www.marketwatch.com/press-release/global-nitrile-gloves-market-size-2020-by-growth-rate-key-manufacturers-market-size-market-current-status-share-latest-opportunities-forecast-to-2025---says-360marketupdatescom-2020-04-20

https://us.vwr.com/store/product/12610549/supermax-velocitytm-latex-gloves

Selling at USD190, before covid selling at usd20-30.

Do your own calculation how % price increased? All these increased prices are pure profit margin

https://www.globenewswire.com/news-release/2020/03/25/2006014/0/en/Medical-Gloves-Market-revenue-to-hit-USD-13-5-Bn-by-2026-Global-Market-Insights-Inc.html

If based on the widen new customers and more serious about this virus, TP of RM20-30 is possible if the virus got 3rd wave as 2nd wave is already announced by CDC happening now.

Please refer back to 2009, Apr, when H1N1 happened. Supermx share price move up almost 1000% until 2010 Q2.

So, supermx was RM1.5-1.7 before Covid-19, so it is very possible to achieve RM15-17 in Q2 2021. Moreover, this Covid-19 is 10 times more serious than H1N1, and affected much more countries than H1N1; so demand and new customer from new countries are breaking records every day.

back to 2009 H1N1 affected quite less number of countries, i.e. 20-40% worldwide; but Covid-19 is almost 90% & above worldwide. Demand of gloves actually just started 2-3 months. But normally it take 1-2 yrs to fit enough for the surge demand, otherwise the lead time for delivery wouldn't be 400 days

Kenaga new TP RM25

https://klse.i3investor.com/servlets/ptres/55589.jsp

Outlook. We expect stronger a 4QFY20 and FY21 driven by improved demand, stronger ASPs and more spot orders (we understand in 3QFY20 spot orders were minimal as it was only the beginning and to date, it makes up about c.20% of capacity). Lead time pre-Covid-19 of 30-40 days has significantly soared to the current average of 292 days. Fuelled with running at full capacity and currently producing 78.7bn gloves p.a., with expected production of 100.4bn pieces p.a. by 2021; we feel Top Glove is at a supportable situation to cater to the increasing deman

HLG report, new TP RM23.91 (12th June) vs TP RM19.80 (10th June); just 2 days they revised up so much.

https://klse.i3investor.com/servlets/ptres/55585.jsp

PB Invest: TP RM19.3 at very conservative TP:

https://klse.i3investor.com/servlets/ptres/55590.jsp

But price now is obviously pressing down and super undervalue

Malaysia is the best location to make glove due to materials (rubber & etc), technology, and etc complicated process. I'm a engineer in a glove factory, I knew that very well. If China want to copy it need to take 2-3 yrs times to catch up, moveover even they can produce but the price n quality sure worst than Malaysia. Western countries has more confident in Malaysia rsther than a new comer, worst is China as Us-China trade war now, u think usa will buy from China or Malaysia....simple facts

this QR RM200-350 m, is not so important as long as it is in this range of profit. We aim next few QRs which will be higher & higher due to higher selling price

up already, last call to buy in, TP: RM25

https://www.thestar.com.my/business/business-news/2020/06/11/top-glove-earnings-likely-to-rise-on-demand

HARTA UP

Expect sequentially stronger results from 3QFY20 onwards
TOPG is set to release its 3QFY8/20 results on 11 June 20 and we believe it recorded
>100% yoy and qoq increases in 3QFY20 net profit. This was likely driven by higher
sales volume and ASPs. However, we believe that 3QFY20 did not capture the full
impact of Covid-19 as it only began to hike ASPs aggressively from June 20. Hence,
TOPG should continue to record sequentially stronger results beyond 3QFY20.
Lifting FY20 EPS by 51-189%
We raise our FY20-22F EPS by 51-189%, mainly to factor in more aggressive ASP
assumptions and higher utilisation rates. Our earnings forecasts assume ASP changes of
+15%/+35%/-30% yoy in FY20/21/22F on the back of hikes in ASPs for both recurring
and ad-hoc orders, which we also expect to increase. Our sensitivity analysis shows that
a 1% rise in ASPs will lift our FY20-22F EPS estimate by 5.8-7.6%.
Reiterate Add, with a higher TP of RM25.00 (22x CY21 P/E)
In tandem with our EPS hike, our TP rises to RM25.00, pegged to 22x CY21 P/E, +0.5
s.d. above its 5-year mean. Note that we lower our P/E multiple from 36.8x (+2 s.d. of its
5-year mean) as we believe that its earnings will peak in FY21 and that the high demand
is unlikely to sustain going into FY22. We continue to like TOPG as the key beneficiary of
the current favourable supply and demand dynamics in the glove sector due to Covid-19
given it is the largest glove maker globally by capacity (78.7bn pieces p.a. currently).

Higher blended ASPs due to increase in prices of ad-hoc orders
Given the long lead time for glove orders, TOPG has seen an increase in ad-hoc orders.
These orders are from customers that urgently need supply of gloves and who are willing
to pay substantially higher selling prices (potentially 2-3x of ASPs for recurring orders) in
order to obtain glove supply faster. Given the strong ad-hoc demand, we gather that
TOPG has currently allocated up to 10% (and potentially more if needed) of its total
capacity to cater to these orders.

Widening lead time a sign of stronger-than-expected glove demand
Top Glove (TOPG) says that its order lead time further extended at end-May 2020 by >12
months to up to Jul 21 (from 10 months at end-Apr 20). This is on the back of higher
demand from both developed (70% of global glove consumption) as well as developing
countries. We expect TOPG to continue to see higher demand for gloves as the Covid-19
pandemic worsens, especially in countries with high population density and low glove
consumption per capita, such as Brazil, Indonesia, Pakistan, etc.

Supermx is different from Topg n Hart n Kossan (OEM), Supermx majority OBM. This make huge advantage to Supermx, Topglov n Harta would like to increase OBM as well in near term

It is a clean & healthy company with solid fundamental and exponentially growth not just in Malaysia but ASEAN

Actually, myeg now is not side to PN or PH or BN, after last lesson, they are neutral now, as they just want to focus in business omly

TP60¢-rm1, buy

Monday Agong BD, Bursa open?

After Covid everyhome has to change tiram/matress

Insider said DNex higher chances than Sinotop, as it is more solid n profit making company, also Malay controlled

Thanks a lot

Calvin, can u do a research for DNex, it is another hidden GEM

Will DNex take over the myeg online e-services?

https://www.theedgemarkets.com/article/rgt-shares-and-warrants-surge-news-hygiene-product-firm

The TP is above Adventa, HLT, LKL & etc. As it is more solid & fundamental strong hidden GEM

Next booming counter like LKL:

http://www.tradercorner.my/2020/05/25/review-dan-potensi-kaunter-saham-rgt-berhad-rgtbhd/

Next booming counter like CAreplus:

http://www.tradercorner.my/2020/05/25/review-dan-potensi-kaunter-saham-rgt-berhad-rgtbhd/

Next booming counter like Adventa:

http://www.tradercorner.my/2020/05/25/review-dan-potensi-kaunter-saham-rgt-berhad-rgtbhd/

Next booming counter like HLT:

http://www.tradercorner.my/2020/05/25/review-dan-potensi-kaunter-saham-rgt-berhad-rgtbhd/

Next booming counter:

http://www.tradercorner.my/2020/05/25/review-dan-potensi-kaunter-saham-rgt-berhad-rgtbhd/

Next booming counter:

http://www.tradercorner.my/2020/05/25/review-dan-potensi-kaunter-saham-rgt-berhad-rgtbhd/

Next booming counter:

http://www.tradercorner.my/2020/05/25/review-dan-potensi-kaunter-saham-rgt-berhad-rgtbhd/

Next booming counter:

http://www.tradercorner.my/2020/05/25/review-dan-potensi-kaunter-saham-rgt-berhad-rgtbhd/

https://klse.i3investor.com/blogs/dollardollarbill/2020-05-21-story-h1507774981-RGTBHD_9954_the_newly_discovered_Covid_19_thematic_play_bill.jsp