TigerWoods Keep your shares till 2021. Thats when you see the full potential and value of TG earnings
13/09/2020 11:01 PM

Successful investing is like a marathon...very, very Boring...but nowadays most people like to see...50M sprint. Successful investing is Boring anyway.

fire38211 mabel, do u reali read things through? kossan proposing 1 for q bonus issue.. funny.. pls study only comment.
13/09/2020 10:51 PM

Yup... Actually among all pure glove counters... TopGlove percentage of limit down was the lowest...the highest was... Careplus...Harta n Kossan also drop more than Big Bro... Topglov.

Bonus issue can be quite controversial...but overall in growth company, to expand in collaborations n acquisitions can be beneficial in the long run.

Staging strong rebound after nine days of intense sell off

Over the past two weeks, glove counters have been under intense selling pressure driven by two main reasons.

According to an equity analyst, the main reasons were cashing out on the exponential gain as well as repositioning to other stocks especially pharmaceutical and technology.

“After nine trading days, the tables have turned again in favour of the glove counters following the halting over vaccine trial by UK based AstraZeneca due to complications as well as the continuous surge of Covid-19 cases globally,” the analyst said.

While the world is hoping for a vaccine for Covid-19 to be produced soon, she said pharmaceutical companies which have been in the race to come out with one, are experiencing hiccups.

On a two-week basis, the healthcare index which comprises glove makers, pharmaceutical and hospital players saw a drop of 25.17 per cent before staging a rebound of 9.15 per cent on Friday (Sept 11).

As the week ended, rubber glove stocks have dominated the top gainer segment, while being the main index, the FBM KLCI ended on a stronger note driven by robust performance by Top Glove and Hartalega.

Rakuten Trade Sdn Bhd research vice-president Vincent Low said the move was driven by bargain hunting in glove counters following the recent sell-offs.

“Glove counters have been oversold over the past week. In the coming week, we foresee that demand for glove stock will be on the rise, indicating a healthy correction,” he said.

Uptrend still on the cards

In terms of market capitalisation, Top Glove stands at RM62.97 billion, Hartalega (RM42.64 billion), Supermax (RM19.33 billion), Kossan Rubber (RM13.66 billion), Comfort glove (RM2.14 billion), Rubberex (RM1.46 billion) and Careplus (RM1.36 bilion).

Despite the latest slip due to recent sell offs, research houses are still optimistic on the future performance of glove companies as Covid-19 cases have yet to show signs of slowing down.

With health operating procedures in place as well as rising concern of another wave as winter season approaches, steady demand, and positive financial results indicate a stability for the sector.

“While retail investors especially are often following the trend be it buying or selling, we believe that glove companies are an asset to invest in as the pandemic will create a new norm, leaving demand for glove on a steady note,” said an equity analyst. — Bernama

EdenOfSaudi1 For the past month, Tan Sri has bought half a billion. He’s already hinting so obvious it is way undervalue.
13/09/2020 4:11 PM

Yup...one year or more ahead...he knew it... because of his years of experiences...u can say present value is undervalued...for people who knew the forward estimated earnings growth...maybe 18 months from now.

Value investing n Growth component are joined at the Hip.

No less than the Oracle of Omaha agrees, writing in the 1992 letter to Berkshire Hathaway shareholders:

[…] most analysts feel they must choose between two approaches customarily thought to be in opposition: “value” and “growth.” Indeed, many investment professionals see any mixing of the two terms as a form of intellectual cross-dressing.

We view that as fuzzy thinking (in which, it must be confessed, I myself engaged some years ago).
In our opinion, the two approaches are joined at the hip: growth is always a component in the calculation of value, constituting a variable whose importance can range from negligible to enormous and whose impact can be negative as well as positive.

In addition, we think the very term “value investing” is redundant. What is “investing” if it is not the act of seeking value at least sufficient to justify the amount paid?

Consciously paying more for a stock than its calculated value – in the hope that it can soon be sold for a still-higher price – should be labelled speculation […].

199, BRK letter to shareholders.

klcianalyzer Those who bought below rm8? Because tomorrow gap up above rm8?
13/09/2020 4:11 PM

(◠‿・)—☆

clouud1234 You think Tan sri stupid enough to hoot 200million share for nothing.Sure got crab behind the stone.
13/09/2020 4:03 PM

Yup...those who bought below...@8.00...the forward PE multiple is reasonable. U will realise it after SEP 17. Hold... Overweight until SEP, 2021...｡◕‿◕｡

Soros: "It takes courage to be a pig."

When asked about the most important lessons that Stan Druckenmiller learned from George Soros, he says:
"I've learned many things from him, but perhaps the most significant is that it's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong.
The few times that Soros has ever criticised me was when I was really right on a market and didn't maximise the opportunity.
Soros has taught me that when you have tremendous conviction on a trade, you have to go for the jugular.
It takes courage to be a pig. It takes courage to ride a profit with huge leverage.
As far as Soros is concerned, when you're right on something, you can't own enough."

Druckenmiller.

Nitrile Glove: Barrier of Entry is so HUGE.

Moat: A barrier of water, red piranhas are swimming, sharks, or crocodiles...◉‿◉

In other words, not everyone needs gloves -- but the people who do need gloves are likely to need nitrile gloves. And they're only going to get harder to find.

“The big problem with the nitrile glove space is that the barrier to entry is so great,” says Sean Kelly, Chief Procurement Officer for PPE of America.

“For surgical masks, also known as 3-ply masks, for $150,000 you can get a machine to make them and you’re in business."

"Nitrile glove manufacturing is very complex. The raw materials are very difficult to access in some parts of the world.”

Right now, the only US, domestic manufacturer of nitrile gloves is The Showa Group. Their factory, in Lafayette, Ala. opens April 12, 2021. And when it comes to amateur glove-making, well, that simply doesn’t exist.

CPO. PPE of US.

Top Glove Corporation Bhd.
(KLSE:TOPGLOV) share price down 29% in the last month. But that doesn’t undermine the fantastic longer term performance (measured over five years). To be precise, the stock price is 889% higher than it was five years ago, a wonderful performance by any measure.
So it might be that some shareholders are taking profits after good performance. The most important thing for savvy investors to consider is whether the underlying business can justify the share price gain.

It really delights us to see such great share price performance for investors.

There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance.
By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time.

During five years of share price growth, Top Glove Corporation Bhd achieved compound earnings per share (EPS) growth of 24% per year.
This EPS growth is lower than the 58% average annual increase in the share price. So it’s fair to assume the market has a higher opinion of the business than it did five years ago.
That’s not necessarily surprising considering the five-year track record of earnings growth. This favorable sentiment is reflected in its (fairly optimistic) P/E ratio of 96.28.

It’s probably worth noting we’ve seen significant insider buying in the last quarter, which we consider a positive. That said, we think earnings and revenue growth trends are even more important factors to consider.

What About Dividends?
As well as measuring the share price return, investors should also consider the total shareholder return (TSR). The TSR is a return calculation that accounts for the value of cash dividends (assuming that any dividend received was reinvested) and the calculated value of any discounted capital raisings and spin-offs. It’s fair to say that the TSR gives a more complete picture for stocks that pay a dividend.
We note that for Top Glove Corporation Bhd the TSR over the last 5 years was 990%, which is better than the share price return mentioned above. And there’s no prize for guessing that the dividend payments largely explain the divergence!

A Different Perspective
It’s good to see that Top Glove Corporation Bhd has rewarded shareholders with a total shareholder return of 310% in the last twelve months. That’s including the dividend. That gain is better than the annual TSR over five years, which is 61%. Therefore it seems like sentiment around the company has been positive lately.
Given the share price momentum remains strong, it might be worth taking a closer look at the stock, lest you miss an opportunity. I find it very interesting to look at share price over the long term as a proxy for business performance.
But to truly gain insight, we need to consider other information, too. Consider for instance, the ever-present spectre of investment risk.

There are two risks, first a ASP tapering off, when supply n demand in equilibrium. Second urban citizens are vaccinated, n WHO declared, COVID-19 is OVER.

Disclaimer: For reference Only.

Overweight call on glove counters.

https://www.klsescreener.com/v2/news/view/727255

Pure glove counters,
Uptrend still on the cards

In terms of market capitalisation, Top Glove stands at RM62.97 billion, Hartalega (RM42.64 billion), Supermax (RM19.33 billion), Kossan Rubber (RM13.66 billion), Comfort glove (RM2.14 billion), Rubberex (RM1.46 billion) and Careplus (RM1.36 bilion).

Despite the latest slip due to recent sell offs, research houses are still optimistic on the future performance of glove companies as COVID-19 cases have yet to show signs of slowing down.

With health operating procedures in place as well as rising concern of another wave as winter season approaches, steady demand, and positive financial results indicate a stability for the sector.

“While retail investors especially are often following the trend be it buying or selling, we believe that glove companies are an asset to invest in as the pandemic will create a new norm, leaving demand for glove on a steady note,” said an equity analyst.

⊂(◉‿◉)つ

dalpinia PAT RM1.6B x 4 QRs
12/09/2020 10:52 PM

Yup...I can put an assumption of...@25.00..Sep 2021.

TigerWoods i mean 2021 at least. cheers!. if 2022 then double cheers!!

Yup...I can put an assumption of...@25.00..Sep 2021.

But under so many factors n unforseen circumstances...within a year... probably margin of errors...off...#10%><.

We Malaysian retailers n local funds...Must support our glove industries...then there are good chance for most glove counters to appreciate its market values. Macquarie is an Australian assets management professional team...with...AUD500B asset under management. They are very, very cunning n experience teams. So how... business world all are interrelated..lot of challenges...$$$...are flowing in n out from every marketable mechanism.

That is Why...stock markets aren't for those faint hearted. Many people dare not press...ENTER...even some of them are multi millionaire.

So who are U anyway...find your true self...whether u can than...in the long, long marathon...¯\_(☯෴☯)_/¯

Jingweihan Talk 3 talk 4 also useless. Uptrend........
12/09/2020 6:57 PM

Alamak...talk until Now...Monday Upswinging until Tuesday... afternoon...profit taking... Wednesday...Hari Malaysia...Rest...Friday...50/50.

pjseow Based on MQ own report, fy 2020 estimated profit is 1.725 billion, 2021 is 10.259 b and 2022 us 2.022 b .These give a total of 14 billions. During last night interview, LCW stated that topglove will increase its worldwide.market share from.25 % to 30%.this year. With such a big cash piles, topglove will increase its market share further through merger ,acquusitions and its own capacity add .When you reach a market share of more than.40%,you are in a position to control the pricings. Can you wonder why Apple ,Huawei and Samsung made tons of money by selling a few thousand ringgits per handphones ? These 3 control more than 50% of market share .Topglove will not be the same topglove comes 2023. It may be 2 to 3X of current topglove thru expansions and acqusitions of health related businesses .
12/09/2020 4:52 PM

Yup...Spot On.

supersinginvestor @geary
Wats ur target price...?
N will u sell at that price?
12/09/2020 4:32 PM

No target...will sell partially...to make my topglove portfolio...zero capital...@10.08...want or not.

Gargoth Why can't they just buy in together with us and pay up the warrant? No loss. But they chose to be greedy, sell the warrant at high price after collecting low and then press down the price to avoid paying extra....this is damn evil of them! Please expose them and put posters! Someone report their bad deeds please
12/09/2020 4:34 PM

I did happened many times, not only in bursa...in many markets, especially DJ, etc. So these cunning guys profited with such manipulation...well they probably got some pittance fined...but they still working without conscience. Money is always dirty n fighting lah.

klcianalyzer By the time pandemic is fully over topglove will be so rich they probably going to venture into other businesses and not just gloves
12/09/2020 3:48 PM

Yup...u are spot on...Probably products more related with healthcare, etc...Anyway how good u r...even as good as Buffett or Druckenmiller...maximum...assumptions...is 18 months...more than that...Huge Margin of Error.

paperplane Macquarie wanna mess with investor, squeeze their balls! 逼爆他们的call warrant! 股价一直起，他们被逼补货
12/09/2020 2:43 PM

That depends how strong Macquarie... allocated cash flow on that...versus TopGlove n retailers cash flow...SBB n buying power...:-)

Bloodslug666 U all TP 10?after hit 10 all sell it will drop miserably.. Hahaha haha
12/09/2020 2:37 PM

So who are the greater fools to buy from me at...@10.08...8-)

supersinginvestor Sorry ah i newbie here..i can only buy 1lot lor but its a lot for me..
I think i better not buy lor..
Looking at vaccine out
Us ban not lifted
Cnn report
Europe n rest may ban oso
N us funds may sell after cnn report..
I oso don know..
12/09/2020 2:34 PM

Since u are negative about it...don't buy...nobody points a gun at u...forcing u.

David Gunter We should push up price of gloves counters so that Macquire and others kena Kaw kaw . Just like how HLT limit up
12/09/2020 2:28 PM

Oh...that one TopGlove already helped us shareholders...plus retailers have confident n bought...they short u long...they long...u short lah...but now short...ban till year end.

GorengBilis i see Whole malaysia investors F****** that macquarie
misleading Report because of they warrent
12/09/2020 2:23 PM

Not only them...they are many in DJ...HKEX...So u cannot see those instruments in company balance sheet.

Derivatives,” Buffet wrote, “are financial weapons of mass destruction, carrying dangers that, while now latent, are potentially lethal.” When Buffett wrote those words, the total value of all derivatives in existence was $142 trillion. ... On derivatives, it turned out he'd been right all along. They could be lethal.Aug 28, 2018

tzjz2017 @geary, sorry I can't see many thing as I'm not professional IB, I'm not CFO or CEO. I only trust what i see the price was up 20% with so huge of transacted amount yesterday. I only trust what I heard from TS LWC with such a full confidence of TG. I only trust the fact that the pandemic is getting worst around the world.

DreamCommander no need to layan any frustrated desperate sore arse sour grape boatmissing non-stop tree barking chickenshhit gobbling stray mongrels

they cannot make any leaf shake let alone any tree fall with their barking
12/09/2020 12:51 PM

They are barking at the wrong Tree...ಠ︵ಠ

Fauci, the outspoken director of the National Institutes of Allergy and Infectious Diseases, said the United States was starting the flu season with a high baseline of around 40,000 new COVID-19 cases a day and deaths are averaging around 1,000 daily.

Trump, who has admitted playing down the severity of the virus since it emerged early this presidential election year, said on Thursday he believed the United States was “rounding the corner” on the crisis.

“I have to disagree with that, because, if you look at the thing that you just mentioned, the statistics ... they are disturbing,” Fauci said on MSNBC.

FDA ban TopGlove... that's why this happened...ಠ_ʖಠ

Jingweihan Sochai still waiting rm1.40, rm14 may be lah
12/09/2020 12:36 PM

Yah lah...lucky I remember...not...@1.40...it's...@14.00...^_^

leekeanlam78 Vaccine has been found, price not high as before
12/09/2020 12:31 PM

Oxford Vaccine already stop trials...now blackmailing China Vaccines...try to kill their employees...So u inject yourself first then talk about Vaccine.

DreamCommander the iddiot sells at low
the sage buys

the sage sells at high
the iddiot buys
12/09/2020 12:29 PM

Banyak Pandai...:^)

DickyMe That would be better.
12/09/2020 12:23 PM

Bursa top 1&2... 1.Maybank...@7.30...2.Topglove...@1.29...As u like it...:-)

DickyMe RM 1.40 coming soon!
12/09/2020 12:16 PM

Don't worry...U can buy at...NTA...@1.29...◉‿◉

zjz2017 SBB yesterday from 6.2 to 8. Means 8 is considered cheap to the management. That's why TG still buy back at this price
12/09/2020 12:08 PM

Yup...u can say that normally...but those professional IBs...CFO...CEO...they see many things...as for some ACCA holders...their calculated risks...become so much uncertainties...that they dare not press the button to buy...So experience needed to survive in stock markets...Buy n Sell...not everyone... CAN...(゜o゜;

witan If Tan Sri buyback shares himself on 11 Aug at 27.67 (9.22 adjusted) do u think the Topglove target price is only rm9?? Think again. Easily rm12-15 in my opinion
12/09/2020 11:58 AM

It's more than just buying back for the fun of it...value wise or otherwise...they have lot derivatives...not shown in balance sheet...so manipulation bound to happen...when big funds are shorting those derivatives...So first round probably he won...but there are other rounds to fight. Probably they lost the first round...let see the second or third round...see whether it's long or short...(・o・)

Babi Shark Hehe...Maybank is cash rich, they also can pump up their own share...kekeke
12/09/2020 10:25 AM

Oh... Maybank...all the years they never bought back any shares when cheap...Only good dividend...n now...No dividend...Cash Rich...share price can go up...???

Jo1234 supersingerinvestor use to have shares in Kossan as I have seen him not long ago promoting there. He must have sold off and lose bunch of money. Now he's changing his tune. Such a low life!
12/09/2020 10:17 AM

Run here n there like headless chicken... don't know what he really wants...alamak...I think lot of people are like this...End of the day... it's still strong balance sheet n earnings growth that matter...all those hype, news, etc...are just passing black clouds... thunderstorms...u win some n lose some... Mr. Market will decide... "present is the voting machine...in the long run it's a weighing machine." Graham.

supersinginvestor Monday sure rush for the exits...hehe..
Thats why when u have goreng kaki in stockmarket...they r like farm mice...
Get ready for more drama...
12/09/2020 10:05 AM

This is a stock markets...SOP Required...⊙﹏⊙

JBond007 Haha, supersinginvestor missed the boat & wants to buy cheap. Today appointed himself as Bangladesh labour minister.
12/09/2020 9:54 AM

Special Envoy n ministry of force labour department for all migrant workers in Malaysia only...ಠ ೧ ಠ

supersinginvestor so us m europe ban...sell gloved at discount to bangladesh lor
12/09/2020 9:52 AM

So better ban all glove manufacturers in Malaysia...ban oil palm...ban rubber...ban furniture...all these industries got force labour issues...ಠ︵ಠ

supersinginvestor Cnn headlines..looks like everyone against gloves...topglove now..
Now its topglove owner n kaki goreng against the world...
Sure no lift ban...
Sure limit down again n panic selling on monday...
12/09/2020 9:41 AM

Yup...buy more loh...Those countries in SEA, that need foreign workers...like Singapore, Malaysia n Thailand...so many agents, sub-agents, middle men involved. Many migrant workers need at least a year or two to settle their debts, while working here. Even in Singapore there are so many such stories...not only in Malaysia...So these problems need to solve n rectify...so no more such practices in future... Hopefully.

Observers LOOK AT CNN. COM TODAY.
MALAYSIA GLOVES BECOMES WORLD HEADLINE.
12/09/2020 9:32 AM

That Biased Andy Hall...Must go Singapore n ask those construction workers...n publish all those 3rd world living conditions n write long stories lah.

The Guardian.

The emergence of antimicrobial resistance (AMR), including drug-resistant bacteria, or “superbugs”, pose far greater risks to human health than Covid-19, threatening to put modern medicine “back into the dark ages”, an Australian scientist has warned, ahead of a three-year study into drug-resistant bacteria in Fiji.

“If you thought Covid was bad, you don’t want anti-microbial resistance,” Dr Paul De Barro, biosecurity research director at Australia’s national science agency, the CSIRO, told The Guardian.

“I don’t think I’m exaggerating to say it’s the biggest human health threat, bar none. Covid is not anywhere near the potential impact of AMR.”

“We would go back into the dark ages of health.”

WHO warns overuse of antibiotics for Covid-19 will cause more deaths
While AMR is an emerging public health threat across the globe, in the Pacific, where the risk of the problem is acute, drug-resistant bacteria could stretch the region’s fragile health systems beyond breaking point.

An article in the BMJ Global Health journal reported there was little official health data – and low levels of public knowledge - around antimicrobial resistance in the Pacific, and that high rates of infectious disease and antibiotic prescription were driving up risks.

“A challenge for Pacific island countries and territories is trying to curtail antimicrobial excess, without jeopardising antimicrobial access for those who need them,” the paper argued.

Fiji, despite a population of less than a million people, has one of the highest rates of bacterial infections in the world. The country also has high levels of tuberculosis in animals and humans, and its hospitals perform, on average, two diabetic amputations every day, all of which drives the use of antibiotics.

Across the archipelago nation, many antibiotics are used across both human and animal populations, increasing the risk of resistant bacteria developing.

Last month, Fiji’s government announced that 10 people had died from leptospirosis, a bacterial infection that affects both animals and humans, while thousands more were infected.

Australia’s CSIRO has begun a three-year study in Fiji, alongside the government of Fiji’s national antimicrobial resistance committee and universities across Australia and the Pacific, to identify the emergence of superbugs in Fiij, analysing data from hospital pathology labs, farms contaminated with pharmaceuticals, and in the general environment, seeking to identify AMR hotspots and emerging trends.

The global public health ramifications of the widespread emergency of drug-resistant bacteria are immense.

“If you consider how antibiotics now play a role in virtually every part of our health system: simple things like scratches could kill you, childbirth could kill you, cancer treatment, major surgeries, diabetes, in the background in all of these, is often the use of antibiotics,” De Barro said.

“That will all become very very challenging, if you are doing it in an environment where the antibiotics you use no longer work.

“You will end of with massive pressure on the health system – exactly the sort of things you are seeing with Covid – think about intensive care units, hospital stays, access to medical treatment outside of the hospital system, the use of antibiotics in nursing, in treating pneumonia, all of these come into play.”

Social distancing can’t help with AMR: bacteria exist in food, water, and air, they are all around on everyday surfaces.

Dr Donald Wilson, associate dean at the Fiji National University’s College of Medicine, said the issue could not be ignored any longer “or there will be more people getting sick and we don’t have the right medicines to treat them”.

Already, antibiotic resistance is estimated to cause at least 700,000 deaths globally a year - though this is likely a severe underestimate. That figure has been projected to reach 10 million deaths annually without intervention.

Exacerbating that trend, the increased use of antibiotics to combat the Covid-19 pandemic will strengthen bacterial resistance and ultimately lead to more deaths during the crisis and beyond, the World Health Organization (WHO) has warned.

Big pharma failing to invest in new antibiotics, says WHO
Three hundred and fifty million deaths could be caused by AMR by 2050, the WHO has estimated, while the economic cost is predicted to reach US$1.35tr over the next 10 years in the western Pacific region alone.

The longer the issue remains unaddressed, the greater the cost in money and human lives, Wilson said.

“For instance, we’ve identified people who have a multi-drug-resistant form of tuberculosis and need newer, stronger medication for a longer period of time and those stronger antibiotics are more expensive.”

DreamCommander you got slow hand better cut off your fingers la
11/09/2020 10:21 PM

Insert bionic fingers...⊙﹏⊙

Stockisnotfun Limit up on Monday is how much? My hand key very slow when buying
11/09/2020 10:14 PM

Limit up...#10.08...system...HANG...ಥ‿ಥ

Tan Sri Lim Wee Chai,

"he considers all his 20k staff as his children. Whoever better will lead, not necessary his sons."

This language n character is just fantastic...Hold...｡◕‿◕｡

clouud1234 TAN SRI,i really respect you for giving effort to save Tg stock price from keep falling down like no tommorow.Not like kossan boss,even sell his own company share.At least Tan sri buy back his share,and goto 8tv to gain back investor confidence.All retailer we hold and united and have confidence in Tan sri.He already show we can rely to this company.
11/09/2020 5:43 PM

Yup...EQ...Not IQ...◉‿◉

geary param1 who collected at 5.40 I must find out!!!
11/09/2020 5:21 PM

Maybe in year 2022. That's after another bonus issue...2:1.

mh87 RM 1.7 billion transaction value in 1 day..

Crazy...
11/09/2020 5:03 PM

Next week more Crazy...If limit up again...@10.08...｡◕‿◕｡

maggiemee TG leading KLCI >$1.5K

can dance now.

Next week...Hard Rock Café... dancing.

geary HNWInvestor 1st limit up 2.50 + 30% = 3.25
2nd limit up 3.25 + 30% = 4.23
3rd limit up 4.23 + 30% = 5.50

wah you so high!!
11/09/2020 4:47 PM

Already limit Up... morning Lowest was...@1.91.
11/09/2020 4:56 PM

Sold whatever on Margin at...@2.49...Not...@2.50.