What man is a man who does not make the world better? ORLANDO BLOOM - Balian de Ibelin
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2022-06-09 07:50 | Report Abuse
Buy Sapura shares with confidence
I will propose to Gobermen to shut down Kebajikan and give the Free Money to Sapura.
Personally I do not see anything wrong in shutting down Kebajikan Ministry campak out orphans and old folks and force them to live on the streets and give the money to oil rich Middle East countries.
I suspect some people might not agree with me.
2022-06-09 07:38 | Report Abuse
Personally I do not see anything wrong in poor Malaysians giving Free Money to oil rich Middle East countries via loss making contracts.
I suspect some people might not agree with me.
2022-06-09 07:20 | Report Abuse
last chance to buy Top Glove before it drops below RM1.00 per share
2022-06-09 07:14 | Report Abuse
on paper, its 2 sen NTA, in reality, there is nothing left.
any debt papers that creditor gets is just promises that future generations of stupieeed Malaysians slaves will give free money to such creditors for next few hundred years.
2022-06-08 21:28 | Report Abuse
Welcome to the world of Bankruptcy (never drop below 1.50) Snake
2022-06-08 12:36 | Report Abuse
means Top Glove shares only worth RM0.24 each
long way to drop.
Havefun
Based on last quarter EPS of 1.09c, annual EPS about 4.36c, PE now is about 28 that is provided it profitablity stays as it is not affected by other factors like prosperity tax
1 hour ago
2022-06-07 18:45 | Report Abuse
new MD
dunno wat he will do
whether red or not ... no one knows
say if new MD wanna restructure to 15,000 workers,
the required processing time to identify and execute for a company the size of TG is normally 2 weeks to 1 month time.
so TG could be fairly profitable from August 2022 onwards
only thing is,
if nothing is done
and new MD just pocket salary, smile, smile, wink, wink.
then of course all QRs could be red due to deteriorating ASP
and existing down trend of orders.
(ASP and orders size could change depending on covid variants)
2022-06-07 17:50 | Report Abuse
The 15,000 workers data is all public knowledge
except that such public data means nothing to you due to your own level of inexperience.
I expect many other people hold the same opinion as me too.
Even if you are on the inside and can see everything,
you will see nothing if you dun know anything at all,
just empty space between your ears.
2022-06-07 17:42 | Report Abuse
I have seen it happen many many times to many many different companies
most management dun have the necessary experience and background to deal with such strange situations.
=> For companies like Top Glove if no action is taken,
just small blink one eye, you lost RM20 million.
=> procrastination and hope ... ... large blink one eye
and results in RM240 million just gone
=> 4 more large blinks and RM1 Billion is gone.
thats how companies goes bankrupt.
in fact,
Top Glove is already too late in taking action,
many many small blinks had passed by (you did not notice only)
and
nothing had been done except for removing water meter.
(small savings only still bankruptcy)
:)
2022-06-07 17:09 | Report Abuse
the only certain thing is that nothing is certain.
monkey pox coming through of course nobody wishes it, its regretable.
management of company its all 100% EGO
best solution is to downsize which I doubt will happen due to 100% EGO
chop chop chop
downsize
Guaranteed Top Glove will survive
but its all 100% EGO
most management prefer to bankrupt the company rather than downsize.
This makes sense to EGO talking.
Top Glove requires something like only 15,000 workers rather than 22,000
management will prefer to hug those 22,000 workers to bankruptcy.
2022-06-07 16:31 | Report Abuse
sell on news mah
thats why price down loh
2022-06-07 16:23 | Report Abuse
post covid, Top Glove ended up the weakest of all the Gloves
on a Case Study basis
Top Glove fatal mistake include but not limited to: -
Share Buyback
Large Dividends
Loan Repayment to get CBP ban lifted
Expansion of Living Quarters for workers due to media pressure
Line modernization/expansion of much more than RM1.3 Billion last 2 QRs
Continued over-reliance on labor cf other Gloves
if you are a Glove Lover,
Supermax despite its small size looks like the strongest,
Harta should survive too.
2022-06-07 16:13 | Report Abuse
Yes
Gloves are not comparable
Harta has got circa 8,550 to 9,000 employees max
cf
Top Glove has got 22,000 employees
sinojab
hello i3 lucker
just checking with u
yr 1st DC mean RevenueDn + asp down?
yr 2nd DC refers OHexpenses up + cost of goods up?
2022-06-07 15:46 | Report Abuse
Thanks rr88
Posted by rr88 > 5 hours ago | Report Abuse
Told u dy. 4 to 8 back to 4 and swallowed 50% of yr money in the process. Later will go to zero n you underwear also gone.
Quickly tutup kedai n get it over with. Pnb can write this off. Small % investment only for them.
2022-06-07 14:50 | Report Abuse
one thing is certain
never be an arse_hole feller looking backwards at own arse, sure die one.
shares are forward looking
once government announce minimum wage, we can amend the excel spreadsheets ie profit forecasts.
in Top Glove case, the excel spreadsheets say its a loss forecast in the future.
applying future events to the arse always gets it wrong
2022-06-07 14:45 | Report Abuse
untrue is also true
true is also untrue
really kindergarden feller
when did the minimum wage start?
you will never cease to be amazed by the stupieeedity of men.
2022-06-07 13:30 | Report Abuse
when Sales units and value drops together its a double compression
when expense units and value increases together its a double compression
the combined effects are called a Quadruple Compression.
The odds of survival for Companies experiencing a Quadruple Compression case are very low.
=> very few companies survive,
thats why Bankruptcy Snake is here to oversee the bankruptcy of Top Glove.
when you see Bankruptcy Snake, there is no hope left.
2022-06-07 13:00 | Report Abuse
by left, when grown ups start playing with water meters, you should be worried.
by right, only babies play with water.
2022-06-07 12:39 | Report Abuse
sure Loss case for post covid results
additional RM300 million of expense items
thats way before ... ... ...
before ASP drop
before units drop
even additional depreciation is more than RM60 million per year
by right there should be impairment of assets
by left its ?????
2022-06-07 09:15 | Report Abuse
like I said "Copy Phrase" is the new cocaine
in Serba forum conmen kept on saying Karim is buying
2022-06-07 08:07 | Report Abuse
Snake has a way better track record than Lady Ramunia in Serba and look what happened to Serba... ...
2022-06-07 08:03 | Report Abuse
hmmm
I expect US authorities might take action and make arrests for sanctions evasions and oil remains $120
or
they might not and oil drops sharply to $60.00
or anywhere in between $60 to $120
its difficult
coz those oil Supertankers landing in New York and New Jersey originate from India who bought up all of Russian production for resale to US markets.
2022-06-07 07:49 | Report Abuse
Malaysian gloves factories have a huge cost deficit compared with China factories.
As such Malaysian Gloves are no longer cost competitive compared to any other country in the world.
These RM220 million are new additional HR costs on top of existing salaries cost.
ie existing HR costs + RM220 million per year
2022-06-07 07:46 | Report Abuse
Isaac Genting says no worries, all Genting casinos will lose money later
2022-06-07 07:39 | Report Abuse
and thats why the Snake is here to make sure Top Gloves goes bankrupt.
everywhere the Snake goes, those companies really goes bankrupt.
2022-06-07 07:36 | Report Abuse
Malaysian gloves factories have a huge cost deficit compared with China factories.
As such Malaysian Gloves are no longer cost competitive compared to any other country in the world.
The killer are those new 4 inch mattresses and new housing requirements.
for example the RM160 million to RM200 million additional HR costs does not take into account any 4 inch mattreses, PPE and new housing requirments.
its time for you to calculate yourself those additional odds and ends of around RM20 million per year.
2022-06-07 07:29 | Report Abuse
Malaysian gloves factories have a huge cost deficit compared with China factories.
As such Malaysian Gloves are no longer cost competitive compared to any other country in the world.
The killer are those slave loan payments.
We ass_u_me that these are amortized over 10 years being the maximum allowable period by Malaysian Immigration.
for example the RM80 million additional HR costs does not take into account any loan amortization at all.
Loan amortizations could range from another additional HR costs of between RM40 million to RM80 million per year depending on how much those workers had paid off their initial slave RM40,000.00 loan payment to come to Malaysia
2022-06-06 22:52 | Report Abuse
oil price is diving down off peak
Russian oil in supertanker now arriving in Continental US specifically New York and New Jersey driving down oil prices very deeply back to normal.
at this rate of Russian supertankers arriving .. USD50.00 is not surprising
2022-06-06 22:25 | Report Abuse
another piece to be sold off soon, price jump up you better escape loh
another piece to be sold off soon, price jump up you better escape loh
Rinse and Repeat
another piece to be sold off soon, price dive down you better drive to Penang Bridge loh coz no more pieces left to be sold off
2022-06-06 22:23 | Report Abuse
who wants to take over loss making contracts? may lose RM20 Billion woh
pretty soon everything will be sold off then allowed to go bankrupt loh
2022-06-06 22:18 | Report Abuse
4.5 sen will be 99% loss position very soon, new price => RM0.005 no buyers
2022-06-06 19:59 | Report Abuse
many ways to give Free Money to Sapura, besides cut off armed forces veterans benefits
can cut all monthly allowances to Single Mums, OKU including but not limited to blind folks.
orphans, old folks .. all just kick them out to sleep on streets ok jer
can save a lot of Free Money for Sapura.
so just buy with Confidence then drive to Penang Bridge
2022-06-06 19:13 | Report Abuse
additional HR costs easily results in additional RM80 million per year.
that is just a one liner.
every expense item is increased
the imbalance cost pass-through will finally result in a 50% increase in electricity charges, its inevitable otherwise Tenaga will go bust since coal prices increased more than 50% and efficiency is only 36 to 42% for coal PP.
2022-06-06 18:23 | Report Abuse
the BAU is so smelly
many conmen confidence tricksters learned a lot from Serba fraud case.
"Copy phrase" is the new cocaine
2022-06-06 16:33 | Report Abuse
thats so interesting !!
its the unsinkable Titanic !!
the unsinkable Bismark !!
Fly To The Moon Hindenburg !!
will never drop below RM1.50 !!
the sun never sets on the British Empire !!
the undefeatable Wehrmacht !!
hmmm !!!
kakakakakakakakakakakakakakakakakakakakakakakakakakakakakakakakakakakakakakakakakakakakakakakakakakakakkakakakakakakakakakakakakakakakakakakakakakakakakakakakakakak
2022-06-05 14:23 | Report Abuse
if like that sure Sapura die lah
its Other People Money mah
Dun be stingy with fake printed money loh
so be more generous lah
if wanna save jobs, Petronas can just hire all Sapura staff, leaving Sapura to die lah
if wanna save money, Petronas can just buy Sapura punya free gas field at auction price mah, leaving Sapura to die lah
why so stingy lah, its not you punya money mah, Malaysia bankrupt is good loh.
If Malaysia bankrupt can buy Agung Palace mah.
Be generous lah, its all fake money, just give Sapura RM25 Billion all kowtim loh.
This way Sapura punya all loss making contracts will also subsidise Middle East Countries mah
2022-06-05 13:41 | Report Abuse
nothing wrong to give Free Money to Sapura, no worries, just print more money ok lah.
2022-06-05 12:54 | Report Abuse
Yup the Snake always appear at bankrupt counters like Sapura and Sumatec and many others bankrupt counters.
once Snake appears in Top Glove, con_firmed Top Glove is bankrupt
and loss making
and Penang Bridge visit counter.
My forecast of Top Glove bankrupt is very very easy, The Snake is here.
when Snake first appeared in Sumatec, Sumatec was making profits, now bankrupt.
when Snake first appeared in Sapura, Sapura was making profits, now bankrupt.
2022-06-05 12:14 | Report Abuse
:)
the Snake just confirmed it
The Snake confirmed Top Glove share price will never go below 1.50
The Snake confirmed Top Glove share price will never go below 1.40
The Snake confirmed Top Glove share price will never go below 1.30
The Snake confirmed Top Glove share price will never go below 1.20
The Snake now confirms that Top Glove losses will not be more than losses of all other glove companies combined.
its confirmed
:)
2022-06-05 11:55 |
Post removed.Why?
2022-06-05 11:43 | Report Abuse
Top Glove losses could be bigger than all the other gloves companies combined in certain QRs
Stock: [TOPGLOV]: TOP GLOVE CORPORATION BHD
2022-06-09 07:54 | Report Abuse
I dun agree,
the Snake is just a floor sweeper and rubbish worker working outside the KFC outlet coz Outlet Manager dun allow him to go inside,
too dirty and smelly to work inside outlet, will scare away customers.