maktua...only 3 glove company in shariah index...TG
2. Harta
3. Supermax

KOSSAN hav to wait.

Next QTR 4 out, Supermax profit will still be higher than kossan.

yes, Supermax eps, margin is better than kossan. Capacity wise soon will be comparable in 1 -2 yrs. So in this aspect it is better.

From MAnagement

Contact lens division
A. Sales have increased
B. Losses have substantially reduced
C. Expect to break even next two quarters

U shld worry about their contact lens 5 yrs ago. for now not much financial burden already.In fact, they will be profitable if not for the expansion n marketing cost.Becoz they r expanding, u think they are lost making.

lychee..so u predict how much a drag on contact lens biz on the profit?

laychee..u hav info on contact lens biz? pls share...thanks

But of course...currently investor no true number to c..so on surface TG is cheaper. Thats when ppl sell to u in higher price n come in to supermax when u move over.

laychee..contact lens will hav no effect on QTR 4...breakeven already.

TG QTR 3 eps 13.52, Supermax QTR 4 eps will be more than 13.52, but Supermax is only 25% of Topglove market value. So u think which is cheaper.

TG impressive result sure will earn more followers, TG also got margin player. Next qtr will show the world Supermax profit will crack all ib n investor..TG eanr 350 million profi...Supermax will match..TG earn 700 mil profit Supermax will aslo match. But supermax is only 25% market value of TG. so u think which cheaper.

YTH888 n fca70jia thank you.

kimsifu...thank you n c u soon...he .fly away again..

fightingdragons..i c many ppl lose faith...i jus shake head...

kimsifu..no ah..must everyday remind one..one day no say like parent nagging cannot drill in...lol

kimsifu.. u finally here ah...only come once a month is it...lol

fca70jia..wat your sifu say ...i need guidance also..

TG going green soon

time tofeed the shark...lol

Dow jone crash but also many stock up including healthcare n ppe makers. Glove stock is malaysia jewel. It will strongly rebound when it hits the low desired by fund n shark. Retailer can only panic buy n sell.

Kimsifu dun come here frequent...only left me here keep talking ...can come here to promote more or not kim sifu...i very limited knowledge ..need help also.

U cannot blame bank ....they got risk management to do. U can take profit cut loss ,all sort of risk managment.bank also got rizk management to do. They got family n worker to feed also.

Kimstockwatch ...lol..spartan ...

Once u take out profit jump tk other stock...cannot get out already.n your money will be taken to put bak into gloves stock..then 2nd gloves stock rally will begin.

Thats y i dun dare touch other stock...bull trap...for gloves bear trap.

Kim sifu is always reassuring...thanks alot.

https://klse.i3investor.com/blogs/gloveharicut/2020-06-11-story-h1508753308-TOPGLOVE_Slide_ALL_GLOVE_SHAREHOLDER_MUST_READ.jsp

Chief999, he say qtr 4 ah..

It sales would likely double in its current fourth quarter, driven by higher average selling prices (ASP).

Current fourth qtr shld reference from qtr 3 rite?

tansri lim already say double sales in qtr 4 for TG...already very easy to count for TG next qtr 4 already. Supermax also quite clear now. Market will react positively to the new projected profit. Many ppl are already waiting to jump in on any correction.

chief999..yes..double..supermax can also double...may be even more than double...all those ib all sleeping one...lol...dare to project supermax 110 milion for 5 qtr..

During today webinar, Tan Sri Lim share this information.
Top Glove Corporation Bhd expects better earnings in its current year ending 2020 (FY20) backed by the recent rise in ad hoc and spot orders by government agencies and global market demand.
It sales would likely double in its current fourth quarter, driven by higher average selling prices (ASP).

TG say qtr 4 double sale.
If supermax also double sale (minimum) sales will be
900 million...if cost the same
353 = 547 mil x0.7tax=
382 mill PAT
29 sen eps

Hav more confidence la

fca70jia...y u so fall in love with supermax ah...lol...getting emotional again...

But the sight of engineering profit reassure me actually...lol

Thanks for all your support! Actually my forcast was 6 for qtr 3 , 9 for qtr 4 and 12 for qtr 1. It seems the market had overun itself n reach 9 in jun. I was wondering jun already 9 then wat will happen next...now i know...lol...it jus refuse to go up becoz it was too fast for the market to digest. So jus take your time, covid no die, gloves stock no die. It will reflect its value, when u know everyday u wake up the stock u holding is earning a few million profit...n it will reflect in price eventually.

If u play on margin ignore my call,if u r trader ignore my advice.i am a dumb trader. Dun follow me. Kimgold has his point, so he deserve his credit.

The market has a reason for everything.if it hit 9 n down ,there is a reason,n i already told u the reason.jus b patient.

Yahoo128...tg rise from 5 to 16 is coresponding to 3 x profit..proves that market is efficient.jus like supermax rise fro 1.8 to 4.5 result time,2.5 x exactly.alredy told u market wil, reflect the proft becoz result will be known..remeber tg jump from 12 suddenly last wk.yes.result leaked.so moving forward is supermax to rise to next result.currently market project 2x profit.4.5 x 2 =9. So now the resistance is 9. U say can cross over. I would say yes, but when i dunno.now jun not over ,result not known.the only problem is market move too fast,n ppl cannot wait n lost patient.

By july fund will move in after supermax got i shariah index,n result will probably leaked by bits n pieces. I would expect unitl then it willbreak 9 n move to 12 to 13 to reflect a 200 million profit. Giv it sometime buddy, jun not over u cannot expect market to price it so high.

We r investing here, dun get too emotional. when u become emotional it become gambling.

Supermax Buying rate is 48% highest among all glove..shows that the buying support is still strong compare to others.

becoz TG n supermax got the hihgest potential to go higer n higer due to their Volume size n OBM advantage respectively. so they press down to collect tickets first. The other two they got enuff ticket already becoz not many ppl buy so no need press.

they dump all counter shares n now will wallop all gloves share when they push it down...

where to park your money except strong defensiv stock like gloves.

i think operatro dummp all shares in other counter n prepare to sailaing in glvoes stock liao

whole market drop actaully...but gloves stock will be defensive due to US market correction.

last chance for them to press down...think they need buy bak their warrant first now...lol

Chief999..yes..from 200m may b to 600 million also possible. Will crack all IB spectacles.

Last time Supermax report ...everyone also up macam like they also 2 x profit...this time is TG turn to give a treat ..lol

TG Revenue increase 42% while cost even drop 15%

If we use supermax 447x1.4 =625, cost the same 353 = 272 mill PBT x0.75 (tax) = 204 mil (very close to my previous conservative prediction)

Not including cost saving as in TG to be conservative.
Not factor in Supermax OBM advantage.
If factor in ...much higher.

Thank you...Lanesra sifu...

did i say fair value for supermax is rm21 bak in april...1 billion profit is it coming soon?

Top Glove Corporation – Record-breaking profits likely in FY21
Our channel checks with TOPG reveal that it is pricing in higher ASPs due to the current strong demand and longer-than-expected orderbook visibility. We expect TOPG to post a record FY21 net profit of

RM3.7bn, backed by aggressive ASP growth (+35% yoy) and higher sales volume (+25.6% yoy). Reiterate Add, with a higher TP of RM25.00 (22x CY21 P/E).

Tg fy21 profit 3.7bn ,eps 1.20 pe 20 rm24
Supermax profit 3.7/3
(historically is 30% of tg profit precovid, alto i strongly beleive it will be much more becoz obm) =1.2 b
Eps 92 sen ,pe 20 rm18.4

Tg potential gain is 41% from 17 to 24
Supermax potential gain is 115% from 8.55 to 18.4