Oracle of Pekan
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2020-09-19 18:33 | Report Abuse
@Morpheus61 This is huge. Keep the link alive.
2020-09-19 18:22 | Report Abuse
Eh I'm stupid gloves so light ofc not use airlines, must be ships ma. But why they not selling outside leh.
2020-09-19 18:20 | Report Abuse
Also, can anyone explain why tg products can't be ordered directly from their website to other countries? Airlines no more, ships oso no more? I am not familiar with this.
2020-09-19 18:11 | Report Abuse
Now, instead of thinking of investing TG as primarily a glove company, if you intend to go long, ask yourself this question, would you invest in a company specializing in an array of different rubber/healthcare related products, in Malaysia where they are just primed to do so. I predict that the next factories to be built in Thailand and Indonesia as they had expressed the intention of owning their own rubber plantations to reduce volatility of rubber pricing and shortages. Another good reason to build factories/plantations over there would be the wider sales channel besides lower overheads. In fact, Vietnam is one of the cheaper places for this, so Lim must have this in mind oso, assuming he is a visionary. Then again, he actually built factories before pandemic started, so I don't know, everything seems to be just lined up for him.
Then again, better for them to just their name to TG, instead of TopGlove, must nicer sounding for a more diversified business.
2020-09-19 17:58 | Report Abuse
Dear jason, the supernormal profits from many glove companies will indeed shrink in some years later when oversupply becomes an issue, however the process of building factories will take minimum a year or two. So, the smaller players can expect their supernormal profit to be capped with lower volume of sales. as many are aware the the TG factory in vietnam will be operational by next month and the previous Aspion is now starting to show better results. So they are technically better equipped to benefit out of the situation. If they truly want to become a Fortune 500 company by 2035, I expect them to take advantage of this situation like right NOW and diversify their operations in other products other than just gloves (which they seem to be doing but for now I expect the profit from those channel to be very low)
Regarding the ban on US, it is huge and if it reverts, indeed ho ho ho, money is raining.
2020-09-19 17:15 | Report Abuse
Dang you're older than I thought.
2020-09-19 16:47 | Report Abuse
loong66. Maybe that's his dad's birthday present in disguise haha.
2020-09-19 16:45 | Report Abuse
Indeed Malaysia, truly Asia.
2020-09-19 16:38 | Report Abuse
Idk. But if I was a IB, and I'm doing something like this. I won't tell my friend outright but I'll get him to sell it. I won't want to have anyone to have dirt on me, friend or not.
2020-09-19 16:34 | Report Abuse
Thanks for the perspective SK1008
2020-09-19 16:32 | Report Abuse
jasonred79 Interesting perspective. If the IB win, I have nothing to say dy, and will never in my life touch Bursa again.
2020-09-19 16:29 | Report Abuse
wengtat, then you're telling us a bit late. WHY YOU WANNA SCREW US LIDDAT?! BAD! WENGTAT, BAD!
2020-09-19 16:28 | Report Abuse
Yes please keep the source Jason. It might just be helpful even though I don't think it'll sadly. Sadly, I was on my PC couldn't do a screen recording.
2020-09-19 16:26 | Report Abuse
I don't think so, let me dig it now
2020-09-19 16:24 | Report Abuse
wengtat, how do they intend to throw down, if you could help us here.
2020-09-19 16:22 | Report Abuse
Thanks for the perspective.
2020-09-19 16:16 | Report Abuse
Morpheus, you could set the people who are allowed to view or edit. Google sheet not bad except will hang if high traffic.
2020-09-19 15:59 | Report Abuse
TG, then with Harta as a close second. The others I don't see them surviving long time so no point investing in them even if their numbers is good.
Harta will take longer time before it realizes its value.
2020-09-19 15:49 | Report Abuse
8 stocks including TG (as the only glove stock currently)
2020-09-19 15:44 | Report Abuse
More like very high risk high gain, with small market like Bursa, you don't just have IBs, you also have sifus sending buy sell calls, if youre lower in the Peking order of the news chain, you'll get thoroughly screwed.
2020-09-19 15:39 | Report Abuse
Small gloves even easier to manipulate. Good if you know the manipulators well. Shit if you don't.
2020-09-19 15:32 | Report Abuse
You can post them on imgur and link it here. Or copy them into a Google sheet. I suggest you to open a new email account for that though, else surely you be kacau-ed.
2020-09-19 15:27 | Report Abuse
Morpheus, just post the proofs here, I'm sure there are people who can.
2020-09-19 15:15 | Report Abuse
Kossan likely to be priced out of competition in near future lol.
2020-09-19 13:19 | Report Abuse
I wonder when the Malaysia will mandate the wearing of gloves? Or maybe not. Idk.
Terminal operators in some other countries are starting to do so. Wonder when it will stop or decrease.
2020-09-19 12:51 | Report Abuse
December is next financial report.
Hohoho. Jingle bells
2020-09-19 10:54 | Report Abuse
This is why you learn from sifus, but don't follow their stock picks bulat bulat.
2020-09-19 10:53 | Report Abuse
@Makeabuck Then he must have missed yesterday morning. Crazy prices!
2020-09-18 19:44 | Report Abuse
Or maybe I should rephrase, did you buy Parkson?
2020-09-18 19:43 | Report Abuse
Eh i3lurker, why most of your previous stocks are high goreng potential, what kind of investor are you? Curious.
The goreng + fundamentals kind?
2020-09-18 19:41 | Report Abuse
Thanks for the perspective universeck
2020-09-18 19:39 | Report Abuse
@BladeGuard I think so. Not bad la doubling my capital one month after opening my broking account, not bad at all.
2020-09-18 19:31 | Report Abuse
Imagine the possibility of combining machine learning and stocks. Oof. Maybe someone in US is ady doing it.
2020-09-18 19:29 | Report Abuse
Anyways, it's an important lesson for people to learn. Few years more, well make these IBs our of jobs!!
2020-09-18 19:26 | Report Abuse
Long Winter or not, I'm now long TG.
2020-09-18 19:10 | Report Abuse
Since no quick gains and stronger holders this time presumably, profit taking is less of a problem. Next week TG up up up.
2020-09-18 19:07 | Report Abuse
Lol. I think the IBs just testing y'all patience. Just wait for it to up slowly, no rush.
2020-09-18 18:36 | Report Abuse
Haha i3lurker what would that be under?
2020-09-18 17:07 | Report Abuse
drop this this little today, can consider as up dy
2020-09-18 16:54 | Report Abuse
Can some sell their share at 0.00. I queue there. TP: 0. Haha
2020-09-18 16:53 | Report Abuse
@Expertise i mean i see some stupid shit but 0.00 hahaha nvr see it before wut de buy for free
2020-09-18 16:52 | Report Abuse
16k buyers 89 sellers now
Stock: [TOPGLOV]: TOP GLOVE CORPORATION BHD
2020-09-19 18:55 | Report Abuse
jason, although I cannot verify what you mentioned. signs do show this happen and still very much so. have a look at the fb groups primarily tending to buying and selling gloves, and ofc these people will get hentam really badly later on when nobody buys from them when the big glove companies are already sending out fraud alerts on their website and also other channels.
after all, with ppe equipments such as gloves, you never want to buy a second hand buyer.