stevenckheng snap poll coming!!! run or stay!
30/07/2020 1:51 PM

This backdoor government can win...better for Bursa...◉‿◉

smallkid91 Agree. The big audit.
Topglove management better take it seriously.

@geary haha. Yeap. Manipulation is not over. US would love that we buy their vacines later on ( ͡° ͜ʖ ͡°)
30/07/2020 1:44 PM

Why Must buy from them...China said she will share with the world when its vaccine is ready...So Malaysia don't trust China or become US lapdog?. Buy expensive from US n not cheaper China vaccines...they will discredit China vaccines...u just wait n see the news...they want to monopolise their vaccines...ಠ ೧ ಠ

Geary
"Now another issue...China is hiding Jho Low...so we Malaysian still haven't wake from US manipulation...ಠ︵ಠ
30/07/2020 1:11 PM".

"Whatever good n advanced things China did...US n some EU n SWP lapdogs ..will disagreed. Why...because China is still Communist government...this cold war mentality still stay with them. They even try to influence as many countries as possible to discredit China goodwill. All types of evils mind came out from them just to discredit n devilish China. Be it loh...China is forever a Red Devil...under Communist. So what have those angmoh done for mankind...ask yourself...ಠ︵ಠ.

Drsnazzy How to join KYY telegram
30/07/2020 1:07 PM

No such things...these people want to create more panic...about those human right issue...n buy cheaper price... that's their main target...ಠ ೧ ಠ

pete11 Issue will be resolved
30/07/2020 12:58 PM

It was an old issues...these Angmoh so jealous...some conspiracy involved...by local idiots. Actually no issue siready...those western media n human right just want to cause trouble with TopGlove. TopG Bosses won't be brided lah... don't pay a single cents to those corrupted minds n biased ideologies.

Now another issue...China is hiding Jho Low...so we Malaysian still haven't wake from US manipulation...ಠ︵ಠ

Top Glove is very much under priced - Koon Yew Yin
Author: Koon Yew Yin Publish date: Thu, 30 Jul 2020, 8:50 AM

Uncle has spoken...@38.88...No problem... slight hiccups...◉‿◉

tradeup2020 trailing PE only 50+, others already 70-80, still got legs. Abt 1-1.5 upside looks like.
30/07/2020 9:55 AM

Yup...^^^

Yu_and_Mee I only have 1,200 shares = 12 lot. I want this 12 lot to become RM100K, possible? Meams TG price should be at least RM84. Hahahahaa
29/07/2020 9:24 PM.

Hold for 1 year maybe...but many variables to assume...⊙﹏⊙

thomh4 Sold Supermax and bought more units this morning and afternoon shooting up wooohooo. MORE TO COME TOMORROW.. Next supermaNNN in the making.. The report cannot be a lied xD
29/07/2020 9:24 PM

Probably CAN...^^^

batman666 Geary, now also got angpow liao
29/07/2020 9:12 PM

My is small...I gong gong bought back later...January will be better...***

geary Predict_Future @geary, above 4.5 maybe ? HAHAHA end of this week 5.0 above !
21/07/2020 5:46 PM

My target was...@4.80...stsrt from 4th week of June...within 50 days...see how overall markets sentiments...◉‿◉
21/07/2020 6:01 PM

geary Sold...@4.80...Focus on Careplus n TopGlove...:-)
28/07/2020 1:15 PM

Within 1 month I sold...less than 50 days...Glove counters...^^^

yttihs @geary 8 weeks time, I happy with 14.00 already :)
29/07/2020 7:27 PM

｡◕‿◕｡...Hold until January, 2021...Angpau for CNY...◉‿◉

Ha... probably in 8 weeks time...TP...@38.80...◕‿◕｡

Ha...TP...@6.80...4th week of October...｡◕‿◕｡

pineapple123 tomorrow limit up to 3.80 ok bo
29/07/2020 4:29 PM

｡◕‿◕｡

PureBULL ... MGMT of TOPGLOV must quickly do these:
i. settle the import ban to USA even by fake it to make it asap
ii. set the ex date for 2:1 BI asap

JUST DO IT, tan.sri lim

Don't worry...we trust Uncle Lim...next week must be okay...few disruptions of sentiments only...◉‿◉

pineapple123 Hari ini tutup 3.50 baru cakap
29/07/2020 3:04 PM

Come on... Careplus...you must be selling at...75x PE by now...(・o・)

Lanesra geary,, if you see the video of George floyd.,.you know those white people are even more racist than us
29/07/2020 3:04 PM

katappa ang mo greatest hypocrite...ask them take back all their rubbished exported to the 3rd world...

lampa trying to champion green & human right
29/07/2020 3:05 PM

Yup...I saw the video...so disgusting n double standard...treat the blacks like animals...the treat their dogs better...Shit.

Send those toxic chemicals n wastes over to third world nation...n complaining of pollutions because we grow too many palm oils...destroying virgin forest...biased ideology.

Ha...Those not interested n believe those angmoh just sell...I Q at @24.00...till now cannot get. They want to buy Ansel gloves...anyway I bought Careplus also...Those angmoh always want to teach China n Asian how to behave...but they treat those Negroes n even Asiian living there n even Latinos like shit...so much racists n biased...they must look into the own faces first...Tired of listening to their beliefs n cultures...Not up to universal standard...ಠ︵ಠ

ttluck lesson learnt from Kossan...sold too early....miss my $$$$...now die die also hold tight tight....till RM8
29/07/2020 11:35 AM

Same like me...sold Rubberex...hold on to this... Patience...◉‿◉

Glovemakers raise ASP guidance as virus lingers
CORPORATE NEWS
Tuesday, 28 Jul 2020

In its research note yesterday, UOBKH pointed out that the likes of Top Glove Corp Bhd, Kossan Rubber Industries Bhd and Hartalega Holdings Bhd (Big-3) have revised upwards their ASP guidance for the months of August and September. It noted that Top Glove, in particular, had raised its spot sales mix to 20%-30% from 10%-15% previously.

PETALING JAYA: Amid the unabated concerns over the Covid-19 outbreak, major glovemakers have revised upwards their average selling price (ASP) guidance for the next two months.

However, industry spot sales ASPs remain unchanged at two to three times contract ASPs, UOB Kay Hian Research (UOBKH) noted.

“With the higher revisions and spot sales mix, we expect 2020 industry blended ASP to increase by 69% year-on-year (y-o-y) (versus 23% y-o-y previously), ” the brokerage said.

“Order visibility as reflected by delivery lead time is further extended to 540 days (from 300 days in June). Contracted capacity for the second half of 2021 is almost secured. This suggests new orders being placed may only be received in 2022, ” it added.

In its research note yesterday, UOBKH pointed out that the likes of Top Glove Corp Bhd, Kossan Rubber Industries Bhd and Hartalega Holdings Bhd (Big-3) have revised upwards their ASP guidance for the months of August and September. It noted that Top Glove, in particular, had raised its spot sales mix to 20%-30% from 10%-15% previously.

Kossan, on the other hand, had accelerated its capacity addition for 2021 to 35.4 billion pieces per annum, up 10.4% y-o-y.

“Apart from that, Kossan and Supermax Corp Bhd appear to be on track to be included in the FBM KLCI as a component stock during the November 2020 review. The MSCI review in August is likely to see higher weightage for glove manufacturers as well, ” UOBKH said.Meanwhile, the brokerage noted that while the discovery of a preventive vaccine against Covid-19 could dent investor sentiment towards glovemakers, such a development would unlikely have an immediate impact on glove demand and subsequently the ASPs.

It added that a kneejerk selling in glove stocks could represent an opportune entry for for investors.

UOBKH has maintained an overweight stance on the glove sector, with Top Glove as its top sector pick.

“We like it for its increasing allocation to spot sales mix coupled with above-industry expansion growth. We also like Kossan as the company, a laggard, is playing catch-up with its peers in its ASP pricing, and has unveiled plans to accelerate capacity expansion, and is on track to being included in the FBM KLCI as a constituent stock, ” it explained.

It has maintained a hold call for Hartalega, with a target price of RM19.50. Its target price for Top Glove stood at RM36.90 and for Kossan it was RM19.40.“Our normalised valuations based on 2022 suggest there is support to existing valuations. Hence, the reward-to-risk trade-off still appears attractive to us at this juncture, ” UOBKH said.

Factoring in the recent ASP guidance, higher spot sales mix and accelerated capacity addition, UOBKH said it expects peak earnings to grow 850% against 2019. In addition, it noted its earnings estimated for the sector are 80% above consensus estimates, leaving ample positive surprises over the few quarters ahead.

Elevated Demand for Glove.

Globally, it was reported today that nations in Asia imposed new restrictions while an abrupt British quarantine on travellers from Spain threw Europe's summer reopening into disarray, as the world confronted the prospect of a second wave of Covid-19 infections.

It was reported that in the US, which is still dealing with its first wave as infection rates have climbed since June, President Donald Trump's national security adviser Robert O'Brien became the most senior official to test positive. The White House said Trump had not interacted with him in days and was not at risk.

"Surges were reported in several countries that previously appeared to have the virus under control. Australia recorded a record daily rise. Vietnam was forcing tens of thousands of tourists to evacuate the central city of Danang. Mainland China, where the virus first emerged late last year, confirmed the most locally transmitted cases since early March.

"Hong Kong banned gatherings of more than two people, closed restaurant dining and made face masks mandatory in public. A surge of new infections in Spain, another early epicentre of the pandemic, prompted Britain on Saturday to order all travellers from there to quarantine for two weeks, undoing months of preparation for Europe's reopening to tourism," Reuters reported.

Bloomberg, quoting UBS Group analysts Nicole Goh and Joseph Koh as writing in a note, reported on Monday (July 27) that Southeast Asian glove makers have the ability to raise average selling prices by 15% to 70% in the third quarter of 2020 due to elevated demand.

"Hospitals also expect prices (for gloves) to be 25% higher year-on-year in the upcoming month.

"UBS maintains neutral rating on Top Glove. Sees strong near-term earnings momentum, though tight raw-material supply and new capacity could impact long-term margins," Bloomberg reported.

KUALA LUMPUR (July 28): Ahead of the mandatory requirement for Malaysians to wear face masks effective Aug 1, manufacturers and industry leaders remain confident that they would be able to meet an anticipated soaring demand.

Federation of Malaysian Manufacturers president Tan Sri Soh Thian Lai said the industry has adequate capacity, while some companies have built up stocks.

"There are companies that have expressed interest to venture into face mask manufacturing. So, there should be no issue of insufficient supply,” he told Bernama.

The Domestic Trade and Consumer Affairs Ministry last week told the Dewan Rakyat that there was sufficient supply of face masks, based on its monitoring and surveillance on production and distribution and supported by import.

Top Glove Corporation Bhd, for example, has three machines which are already fully operational with a total capacity of 8.8 million pieces of face mask per month.

Its executive chairman Tan Sri Lim Wee Chai said the world’s largest glove maker started producing face masks in June and manufacturing mainly for internal consumption.

"To ensure our internal supply of raw materials is sufficient, we source from several suppliers. We also have enough land and space for capacity expansion," he said.

Nevertheless, he said there could be a shortage arising from urgent buying at the initial stage of the directive for the public to wear face masks in crowded public places and public transport.

Senior Minister (Security Cluster) Datuk Seri Ismail Sabri Yaakob said the ruling was made following the increase in positive Covid-19 cases and lower compliance to standard operating procedures among the public.

"If this happens, it will be temporary and for the immediate term only.

"With e-commerce, face masks are widely available online and countries such as China will have sufficient supply to cater to any surge in demand," Lim said, adding that the government was also limiting the export of face masks.

On product accreditation from the Medical Device Authority Malaysia, in accordance with the Medical Device Act, he said it takes time particularly for new manufacturers to register with the body as this requires ISO 13485 certification.

"It is important to bear in mind that in addition to wearing a face mask, there is a need to also ensure the masks are worn correctly and disposed of safely, and to continue practising social distancing as well as washing hands frequently and properly," he said.

Last month, experts from the Association of Malaysian Medical Industries and Malaysian Pharmaceutical Society suggested that face masks available in the market should be properly graded and meet the necessary standards to provide protection from Covid-19.

In terms of offering protection from Covid-19, Lim explained that face mask performance is mainly determined by Bacterial Filtration Efficiency (BFE) and Sub-micron Particulate Filtration Efficiency (PFE); the higher the BFE and PFE, the better its performance.

"BFE and PFE for Top Glove’s face masks (Top Mask) is above 95%,” he said.

He cautioned that some face masks may have a high degree of BFE and PFE but do not meet the medical grade standard as they are unable to comply with other parameters such as differential pressure, flammability or splash resistance test.

"We recommend that Malaysia considers developing a standard set of requirements for face masks to ensure consistently good product quality and performance, and setting up more accredited face mask testing facilities," he said.

yttihs @geary yup. i suggest walking. If you like morning walk, Taman Tun nice place.
28/07/2020 3:42 PM

I injured... Careplus n TopGlove also slight injuries...(. ❛ ᴗ ❛.)

yttihs @geary ah jogging is another thing. If you have duck feet, jogging will cause knee problem.
28/07/2020 3:34 PM

Thanks...u are wise...I try few times...quite okay...even go up small mountain...should be okay...but not too strenuous...I will rest n walk...◉‿◉

yttihs @geary depending on the source of the problem. If age is the cause, I suggest find another game. Because badminton at old age, will make the knee worse. In the end, have to go operation. Same goes for basketball.
28/07/2020 3:30 PM

Yup...getting older...now I start to go slow jogging in the evening...no more strenuous exercise...◉‿◉

yttihs @geary if you got knee problem at badminton means you should be around 30 years old liao. OR you are just big size and very clumsy hahaha.

Ya...getting fatter n clumsy...◉‿◉

yttihs @geary see...haha. I know one. I old sage. Got alot of wisdom. Hahaha.
Joking only.
28/07/2020 3:19 PM

Just Hold... TopGlove...now resting like me ..◉‿◉

yttihs @geary it's either basketball or badminton loh.
28/07/2020 3:17 PM

Badminton...◉‿◉

yttihs @geary now only show up meh
28/07/2020 3:08 PM

See doctor...injured my left knee...sprains...walk slowly like TopGlove...◉‿◉

Uncle KYY
"Top Glove being the biggest glove maker in the world can easily take advantage of this captive market situation.

Only smart investors and well-informed Investment Bankers would buy Top Glove because they know Top Glove will soon announce unprecedented profit in the Glove Industry history."

Sold...@4.80...Focus on Careplus n TopGlove...:-)

dhnn81 Ansell has hundreds of glove patents!

Check this out: https://www.ansell.com/ja/en/why-ansell/patents

Even world largest glovemaker has much less patents!

Patents will last for 20 years and prevent anyone in the world to produce the same design and material.

Careplus could be producing some of those glove patents.
27/07/2020 11:27 AM

Alvaro Most important is the EN standard .
( EN 420 )
The partnership with Ansell smooths this out.

So any hatchling glove company can’t start selling in the European Union .
So , don’t have to worry about mushrooming competition .
By the time they are done with paperwork , Covid will already have cucu cicit ready .
27/07/2020 11:29 AM

Thanks Guys...｡◕‿◕｡

wangwang buy before KYY buying more
27/07/2020 11:11 AM

(✷‿✷)

dhnn81 Careplus management deserves big round of applause.

They had embarked into capacity expansion much earlier, they had partnered with Ansell, they had lowered their production cost and they also had bought hotel/shophouses for workers accommodation in preparation of the expansion in 2021.

Partnership with Ansell will give them more exposure to the global market, Ansell's best practices, Ansell's marketing strategies, production cost optimisation and raw material procurement efficiency!

They think many steps ahead!
27/07/2020 11:16 AM

Yup... hopefully at the end of the day...with much cash flow...they will take care of shareholders...◉‿◉

pang72 Careplus better
27/07/2020 10:41 AM

Probably because of the management...I do have confident with them...same like TopGlove...｡◕‿◕｡

EngineeringProfit For those who rode SUPERMAX from 1.70 to 17.00 .................they can feel it

This is SUPERMAX no.2
27/07/2020 10:35 AM

(◠‿◕)

EatCoconutCanWin sell?
27/07/2020 10:32 AM

ಠ ೧ ಠ

jasmine teo waiting bonus
27/07/2020 10:09 AM

Yup...just keep this assets inside the fridge for at least six months...◉‿◉

EngineeringProfit Its target has been set........................10 billion gloves per year
27/07/2020 9:47 AM

Yup...sold Rubberex...buy Cash here...earnings growth is better here...◉‿◉

goldenluck16 Touched all time high. Huat ah!!!
27/07/2020 9:19 AM

Upswinging... Steadily...is much better...｡◕‿◕｡

EngineeringProfit 3.88.....................coming
27/07/2020 9:29 AM

Yup...Bought...@2.82...Cash...◉‿◉

stockraider Take note if u chase high price gloves stock u r speculating at high price for high gain loh..!! It is risky but high reward loh..!!

If u buy into netx at 1 sen u r speculating too but u r speculating at low price for high reward mah..!!

What's this Netx...1sen...only...No money to buy lah... ?

The evolution of Queen Elizabeth.

Queen Elizabeth wore gloves for an investiture ceremony at Buckingham Palace on Tuesday in what royal watchers are calling a sign of the times amid the threat of COVID-19.

The evolution of Queen Elizabeth II's style
From queen of England to queen of color, this is how Queen Elizabeth II's style has evolved.
Dominic Lipinski/AP
Queen Elizabeth wore gloves for an investiture ceremony at Buckingham Palace on Tuesday in what royal watchers are calling a sign of the times amid the threat of COVID-19.

"This is the first time in my memory, and I’ve been covering the royal family for 30 years, that Her Majesty has worn gloves for an investiture," said ABC News royal contributor Robert Jobson. "It is clear that she is acting on advice and her doctors are taking no chances."

KUALA LUMPUR (July 26): As the domestic travel and tourism industry slowly bounces back, the world’s best low-cost airline AirAsia says it is experiencing green shoots of a promising recovery after being severely hit by the Covid-19 pandemic.

AirAsia.com chief executive officer (CEO) Karen Chan said although the journey might be tough, the airline company would ramp up efforts accordingly to attract more customers whilst realigning its business priorities from travel to businesses related to local consumption.

Since the outbreak of the pandemic, AirAsia has launched businesses such as Ourshop, an e-commerce marketplace; Ourfarm, an e-commerce platform to help connect farmers directly with businesses; as well as Ourfood, a seamless, fuss-free and affordable solution for customers and restaurateurs.

“Given the new reality we are all facing, AirAsia.com’s top priority is to maintain a growth trajectory amidst a slowdown in the economy.

“Domestic travel will be the key driver of sales until borders reopen and quarantine restrictions are relaxed. This, in turn, is a great opportunity for AirAsia.com given that the airline holds 73 per cent of Malaysia's market share,” she told Bernama.

AirAsia has survived for 18 years in a hyper-competitive industry and became the leader of the low-cost carrier segment by providing the best prices, best ASEAN connectivity and best customer experience, she noted.

Chan said after being grounded for almost two and a half months, with the industry entering a consolidation cycle, AirAsia would continue its core value proposition – providing value so that customers could enjoy travel services and lifestyle products at unbeatable prices.

“As AirAsia.com becomes ASEAN’s fastest growing travel and lifestyle platform, we anticipate that our airline revenues will gradually stabilise as non-airline revenues become our key growth driver and business priority.

“At that point, we will no longer be competing as just an airline carrying travellers across ASEAN -- we will be a super ecosystem of products and services, enabling the ASEAN traveller to go, live it!,” she pointed out.

Higher load factor
Chan said AirAsia.com’s customer research has found that close to 45 per cent of travellers want to travel immediately and flight searches on its website have increased by more than 150 per cent.

She said the company’s domestic travel promotions have been very well-received, selling over 250,000 seats in June, and it would continue to ramp up capacity.

“During end-May to early-June, we were only flying a single-digit percentage…last month we started ramping up to 20-25 per cent, and now in July going forward, we are looking at close to 40-50 per cent.

“With restrictions on activities being lifted, we hope to achieve a load factor of between 70 per cent and 80 per cent by the third quarter,” she said.

AirAsia has also introduced numerous initiatives to help the government stimulate and revitalise the domestic travel industry such as the Unlimited Pass Cuti-Cuti Malaysia, offering guests to redeem unlimited flights within the airline domestic network across 16 destinations nationwide.

“The first of its kind in Asia, our launch in Malaysia and Thailand was a success, and a reflection of the strong latent demand within consumers to travel again.

“We sold over 200,000 passes altogether and have received many requests for the product to be introduced in other markets,” Chan said, adding AirAsia.com is looking forward to further launching in other markets such as Indonesia and the Philippines when flight restrictions have eased.

Another AirAsia innovative product is SNAP, a new flight+hotel combo booking platform that offers customers hassle-free, best-price-guaranteed deals with bigger savings.

Forming new partnerships
Chan said the real determinant for the aviation industry lies in the safe and efficient reopening of borders.

If the positive rebound in domestic travel is any indicator, international travel should follow the same trajectory once travel restrictions and quarantine requirements are lifted.

Given the interconnected nature of the ASEAN economy and that tourism collectively represents 15 per cent of the gross domestic product of the five largest ASEAN countries, AirAsia is looking forward to the reopening of borders, she said.

She also revealed that AirAsia is in the final stages of discussions with key international carriers to connect their European and Middle East Airlines (MEA) networks directly with AirAsia’s deep ASEAN network.

“ASEAN is our home and our turf, and international travel will help unlock the full synergies of our ecosystem.

“These strategic partnerships will complement our existing partnership with Kiwi.com, which provides a virtual interlining and connectivity optimisation engine to offer a one-stop-shop, best-price-guaranteed service for our customers,” she said.

yttihs
@OTB sifu has spoken!
26/07/2020 12:34 PM

Yup...he don't beat around the bushes...straight into the critical points...◉‿◉

yttihs @geary yesterday me and noobie go Beatch Club. Order some RM600 drink. 'Chui Sui' all night until 2.00am. Too excited. But too early to celebrate. Haha. (joking only). We 'chui sui' at TG club until 2.00am got lar.

Yup... that's what life all about...work hard...play hard...n be happy always...so your spirit already in heaven...while you are living on planet earth...(✷‿✷)

TopGlove...Strong Buy n Hold...I think they will buy over other company making masks n PPE...sooner or later...with their cash flow...because all are health related products...◉‿◉

Cash flow from operations...Up...300%...almost same like 3rd quarter profit growth of...@>300%..

The next two quarters...I can't imagine how high... exponential growth in profit n cash flow...so they have the cash to buy any company that are related to health... that's worth buying over...◉‿◉

PureBULL ... topglov has TOPMASK, the DISPOSABLE 3 PLY FACE MASK

TopGlove...Strong Buy n Hold...I think they will buy over other company making masks n PPE...sooner or later...with their cash flow...because all are health related products...◉‿◉

OTB.
Q1 2021 is even better than Q4 2020, PAT is > 1 billion.
After the bonus issue and Q1 2021 result is out, Topglov will be No 1 biggest company in KLSE overtake Maybank and PBBank.
Every quarter result in 2021 will be > 1 billion.
Thank you.
26/07/2020 10:22 AM

That's a big possiblity...because from what I know...everyday there were so much gloves, n other medical related cargoes, flying out from Changi airport...the main transhipment Hub in SEA. In one freighter...120 tons of cargoes...around 60%...are medical related cargoes... gloves, PPE, masks, n others. Even with less pax n no pax aircraft almost 65%. Gloves itself from 10 palletised n 10 unitised cargoes...50% are gloves. Even pax seats n baggages cabins are loaded with masks cargoes n tightened down. Cargoes itself down only 5%, because of lack of capacity. Pax are down 90%. All gloves counters in Malaysia, Thailand, China, n even Vietnam...all will have exponential profit growth this half year n probably next half year of 2021...｡◕‿◕｡