Stock: [TOPGLOV]: TOP GLOVE CORP BHD

Dec 2, 2020 7:57 PM | Report Abuse

What is the difference when come to SBB Parkson vs Top Glove?
Parkson started SBB from 6.70 (01.04.2008) all the way to 0.615 (31.01.2017) for whopping rm 2.1 billion.
Top Glove started SBB from 8.00 (04.09.2020) to 6.70 (02.12.2020) with lowest price paid 6.12 (10.09.2020).
Both companies were buying back everyday non-stop, and prices still drifting downwards non-stop.
Why SBB?
Why even with non-stop SBB (created artificial demand) but sellers keep coming?
Who are the sellers?
Why supplies exceed demands?
Simple logic of supply/demand equilibrium and you need not be an economist to understand that!



Note: Parkson has since sold all treasury shares at huge loses even at low of 19 sen. https://klse.i3investor.com/servlets/stk/annshrtxn/5657.jsp

Don't buy until volume hit 20 million

Both countries are testing Russian tolerance, and at the same time to see if Biden will walk his talk. Unlikely US is going to war with Russia. Any sign of US /NATO involvement will trigger nuclear war.

You believe in those sifu you sure die!

Very soon will see you in twenties

Mana Jaks punya sifu? Mana Vietnam punya power plant?

Directors love self-enrichment scheme. Let them be rich and you remain poor.

Hong Kong has been declining since 2019. Too much harm already done to its economy by the black cockroaches. It will take another 10 years before reaching previous glory.

President Xi must take note which are the countries threatening China in the summit. After the Ukraine War, China can 'visit' each and every adversary and sanction them accordingly.

Did China do anything in Ukraine War? Who instigated Ukraine? Who provoke Russia?
Not to forget China and Russia are friends. Trading with Russia constitute normal ties. EU supplied arms to Ukraine, what do you have to say?

Just tell me what EU can do with China? Kick Central Bank of China out of SWIFT? In that case, every trade done with China will have to be paid in RMB.

What is the need of further trade talk? As it is now, if Walmart want to buy anything from China, just go ahead. Otherwise it can always buy from Mexico. Likewise, if China wants to buy anything from US, if price and terms are right, China is more willing to buy. If any other country offers a better deal, just say bye-bye to the US sellers.

"If Russia falls, China will be next!"
唇亡齒寒

i3 new format not friendly to users. What is the need of changing merely for the sake of changing?

Removing Russia from SWIFT speeds up the end of US dollar dominance.

Ukraine war- Which country benefited the most? Which country suffers the most? Just make a little bit study, and answers are crystal clear.......

By the time they decide what action to be taken, war has ended.

You should know why US had been adding fuel leading to the Russian decisive action. US wanted to destabilize Euro zone to prevent de-dollar initiative. Which country benefited the most for this conflict? Which country suffers the most at the end of the war?

Taiwan is a machai of US mah......

These countries declared war with Russia. Any hostile action against a sovereign country amounts to act of war, thus Russia has every right to respond.

Thai cat is a traitor. Full stop.

Why? US dollar is going to collapse after 2025. You will see dramatic drop in Dollar Index starting 2023 when dollar starts to lose lustre .......

We are having another Gordon Chang in Malaysia. If he still alive after 20 years, China's GDP will be 5 times the size of US GDP. 1 USD may just worth 4 RMB then........

Gordon Chang predicted China was collapsing since 2001. You know what was China's GDP then? Let me tell you, it was 1.3 Trillion USD. What is Chin's GDP now? It is now 18 Trillion USD.

https://www.c-span.org/video/?166317-1/the-coming-collapse-china

https://en.wikipedia.org/wiki/Historical_GDP_of_China

Whether you like it or not, China's per capita income is now at USD 12551, much higher than Malaysia. Hopefully Malaysia's per capita in come won't drop below USD 10000. RMB appreciates against USD, but Ringgit depreciates against dollar and RMB, and the trend is getting from bad to worse by day.......

Expiring vaccine? Or already expired?

Decoupling will not stop at tech sector only. You want to kill me, I will not let you live. How? All depends on China. Whether just go against US, or together with other weaker US allies. ball is with China.

Live and let others live. Die means all die together. As Putin once said, what is the point of letting the world lives when Russia dies?

Seng Heng listing was a joke!
Remember Seng Hup? Where is it now?
To me, Seng Heng listing is the easiest way for owners to cash out.
Not to forget this type of business model is the easiest for creative accounting!
Next year profit will be less than this year, and year after next will be worse than next year. After 3 years, Seng Heng will start to produce negative profit. This is the typical way to exit for the original owners.......

Great joke! CMLT only has Gurney Plaza worth looking at. Others are dying due to competition from newer, bigger and better malls nearby.

India has been using forced labour and slavery, but US CBP chooses to close both eyes. Why?

China should sanction Senator Rubio for slander.

US CBP should ban iphone produced in India for forced labor and slavery.
Company's housing in India is very much worse than that in Malaysia, and pay is even next to nothing. US CBP chooses to close both eyes when come to forced labour issue. On one hand expect Malaysia to provide housing some how as standard as the US, on the other comparing company's accommodation for Indian factory to be similar to the Indian housing.

High time New York to lock down entire state and not export further to the rest of the world.

When is Taiwan existed as a country? Don't distort fact. Taiwan has all the while part of China. KMT is still thinking of retaking mainland to reunify under KMT.

As expected, Tan Sri Glove won't buy back TOP Glove even at rm 2, he prefers to institute share buy back at 7 ringgit.
Why? Ah Kong's money vs money from his own pocket.

If anything mentioned by Tony Pua is libellous and jeopardize reputation of Gamuda, don't feel shy to take this Tony Pua to court. Ask him to pay 5% of rm 8.82 billion as compensation.

US CBP allegations on many Malaysian forced labour issue must read together with the Blinken's visit to Malaysia. After seizing Malaysia products (palm oil, rubber gloves) at the ports with all the false and fabricated allegations (Without proof and circumstances in relative to host country), Blinken now come with a carrot and a big stick. Either Malaysia supports any initiative by US govt, or CBP going to further investigate into other major exports into US market like furniture, solar panel, office equipment etc.

Are the Nepalis and Bangladeshi forced to work overtime in Malaysian factories and plantations?
Are the living quarters provided by the employers (whereas US and UK employers NEVER PROVIDE living quarters to foreign workers) more inferior to the living environment/ condition in Nepal or Bangladesh? US and UK govt expect Malaysian employers provide living quarters as good as their own people? Not to forget US city streets are full of tents occupied by the zombies......

HSR if really needed, should just has last terminal in JB. Why should we foot the bill for the convenience of foreign country, and yet has no final say? Singapore is just piggyback at the expense of Malaysian tax payers, building just 16 km within the island including the bridge (not sure who pay for the bridge) and yet have the gut to ask for more than 300 million 'compensation'. If you calculate on number of man-hour Singapore had put in (say 10k man-hour), very likely each man-hour Singapore was charging us RM 30,000. Does Singaporean command so high salary that every hour worth rm 30,000?

My suggestion is, if really need service of HSR, let starts from Butterworth, and ends in Nusajaya,JB.

Tan Sri Glove will only support at 7 ringgit. Check SBB!. 2 ringgit also this Tan Sri Glove won't buy.

Simply draw two parallel lines to claim one is the chartist expert. If like that, every Dick, Tom and Harry are experts too. Don't trust the expert, expert once told you Top Glove can reach 30 ringgit!

Is KFC a bumi company? Why you can find KFC at the most prominent place in any shopping mall? Back to basic, you need to pay competitive rent and please don't expect a free lunch.

Buy car insurance by installment? If you cannot afford to pay for car insurance, how can you afford your monthly car installment? Malaysian Minister really has brain.

Will India buy more palm oil from Malaysia? Yes.
Will China buy more palm oil from Malaysia? Yes.
Will biodiesel gain more ground? Yes.
Will corn oil, peanut oil, soy oil price sustainable? Yes.
Will Ringgit depreciate further against RMB and USD? Yes.
Will inflation round the globe manageable around 5% in 2021? No. Very unlikely. Inflation surely will exceed 5% in Malaysia in 2022.
Will salary of estate workers, lorry drivers, oil mill workers increase by 5% in 2022? Very definite.
Will estate land appreciate in price near term, medium term, and long term? Yes.

So what is your take on plantation stock now?

Very soon we will see millions of Afghans refugees landed in Malaysia.
US and the invaders of Afghanistan have washed their bloody hand and the shits now with those not so smart countries to lend out their hands.
Remember the Bangladeshi? The one who bites the hands of Top Glove that feeds those? I am not sure if you feed the stray dogs, and these dogs in return will bite you.

Welfare starts from home.
Why Singapore shies away to help the Rohingya even it is the richest country in SEA? Because Singapore PM is smart not to bring problem to his own country.

Forget about DCF or FDC. If Director only go for self-enrichment program with free shares issued to himself, you should just walk away.
Very greedy when he already given himself big fat director's fee and salary, yet still demand for free shares regardless company is making any profit or otherwise.

Australia with nuclear submarine has made itself exposed to be a potential target for nuclear attack
https://www.youtube.com/watch?v=z0xSRh1ya7U.

Sslee. You are not wrong. China has a history of organised society for 5 thousand years starting with 三皇五帝。
https://www.youtube.com/watch?v=CTRvs6bW6CQ

What a joke!
All previous POTUS should be charged for violating human rights against citizens of other country outside America. How many wars were started by the previous POTUS?

British govt is an opportunist govt, strongest worded message from French Foreign Minister Le Drian.

"We have recalled our ambassadors to (Canberra and Washington) to re-evaluate the situation. With Britain there is no need. We know their constant opportunism. So there is no need to bring our ambassador back to explain," he said.

If Tan Sri Glove can institute share buy back at rm 8, surely he must have seen value for Top Glove now. Why he dare not buy back his own share even at rm 3.60 right now?