@kk7198 @Lownet2323, too much noise here. We better stay focus :)

@Lownet2323, I was surprised to hear that you sold 1/3 coz I thought you are cool enough to see the clear picture. However I am glad to see your latest post of buying back soon. I am topping up.

Thank you @Lownet2323 I am on the same side and thought. It is the only counter I hold.

@Lownet2323 May I know where to get this info (419 people own 100,000 shares and above)? Mind to share? Thanks.

Maybe due to call-warrant expiry soon? Pressing down the price to be less than 4.60?

lala26, the purpose of the post is for us to recognize ourselves better. Not asking to think like warran buffet :)

http://klse.i3investor.com/blogs/kianweiaritcles/93539.jsp 投资、投机、赌博的区别, well said by Warran Buffet

Earning mainly driven by higher revenue in the last quarter. The rate shall be trivial now.

I recalled the fact that RMB/USD rate will affect TG earning too. With the strong dollar index and devaluation of RMB, would it help in this coming quarter?

There are few factors to be considered here (PE, rate and EPS). For current rate of 4.2, the PE maintains at 20. If next quarter result is better, TG will go up to 6.00 even with rate of 4.2 (finger crossed). If rate breaks 4.30, this will push the PE further up.

Pang, you are not alone. I still believe that it will come to 9 in March. Due to the ringgit appreciation and market sentiment, I had to cut loss by selling some of my export counters but Not TG. I still hold TG as my biggest portfolio and I think it is oversold.

If you don't have faith in TG and believe it will drop further, I suggest you not to buy. Why buying smth that you are not confident? Just my two cents. :)

For me, I believe TG will reach my TP 9.00 in March.

TG had dropped 11% since bonus issue. PE has dropped to 21 which turns out to be much more attractive than other counters. From my opinion, it is time to collect the gems. I had switched some of my counters to TG. Hope it pays off. :)

What you going to do today Mohd?

What Mohd said is right. Today the price will be pressed. But this is not an issue at all as the engine will start after split. You may not want to buy high but can consider to buy at the price now. Unless you want to take a fast profit (sell high and buy low within same day) but i think it will be too little to be considered for a long term investor. Just my personal opinion :)

I expect the share price to surge like crazy after bonus split. There are few reasons:

1. More liquidity to push the share price. The fact is I found most of my friends are not willing to buy TG now due to the BIG price. That is the perception in reality.

2. I believe in the consecutive strong quarters estimated 45 sen FY16 after the split. To maintain current PE of 25, the TP for FY16 would be 9.00 after split.

3. I think TG will reach PE of 30 simply because of the improved profit margin, production expansion and M&A activities. A simple theory which came into my mind. In order for TG to negotiate for good M&A deals, most probably TG would have to unleash the potential of the share market value due to the competition among other companies like Harta or Kossan. Potentially, TP will hit 13.50 (which is the current price) after split for PE 30 by year end. Believe it or not!

I agree. That was not a good comparison. We have to consider the market position where Topglov is the world largest glove manufacturer. The competition is not as bad as electronics. Also you need to consider the value and profit margin riding on the optimum cost as Malaysia is one of the biggest rubber producers. Different reasons driving high PE for such glove business nature. I strongly agree with cruger's point of selling treasury share. Currently Topglov is my biggest investment in my portfolio and remains as top pick as what other investment companies claimed. I don't think I am any better than those fund managers who can see and unleash the potential of topglov.

YSPSAH: Based on the profit growth, I estimated Q4 12 sen EPS to be announced in Feb resulting in ~30 sen annual EPS. Based on PE 13.5, the target price for YSPSAH in coming February is 4.05
Good luck to shareholders!

Quoted from the headline today AGM 2016 updates "For FY2016 Q1, the total profit was RM128.3m which is almost HALF (45.6%) of FY2015 profit." This leads to a impressive thought that estimated of 95 EPS for FY2016 is achievable with an average of 8% growth for every quarter as what mentioned by the management (taking into consideration of various catalyst such as M&A and dollar hike). By end of FY2016, target price hits 21.85 with PE 23 before bonus split. Stunning!

KESM revenue and profit margin growth had impressed me. The profit margin surged from 6.5 to 11.5 for the last two quarters. The trend had sustained since 2013. If this growth continues, estimated yearly EPS is estimated to be 65 sen after 2nd quarter result announced. The target price with PE 15 will be 9.75. Finger crossed!

Topglov remains as my top pick due to reasons below:

1. Hit highest revenue record up-to-date which results in highest record of profit with significant growth.

2. Profit margin surged from 11.2% to 16% resulting in a boost of EPS in year 2016.

3. Note that topglov is the biggest glove manufacturer in the world which deserves higher PE than 30 or harta (PE=40). This leads to reason no.4.

4. I asked myself one question, why among the glove manufacturers, Harta is able to achieve PE of 40 but not for Topglov? With a quick investigation, I noticed a fundamental difference between Harta, Kossan and Topglov that is the profit margin somehow reflected in the PE. Harta possessed highest profit margin with more than 20% in previous years while Kossan achieved close to 20%. Topglov had achieved an average of 9% from 2012-2014 and hence the PE is only <20?

5. If no.4 is true, Topglov has recorded profit margin surged from 11.2% to 16% for the last two quarters, cutting the line of Harta. This explains why the topglov share price had surged from 7.00 to 13.50 recently? With the continued growth, expansion, and margin growth, I strongly believe that Topglov could overtake Harta/Kossan and achieve PE of at least 30 conservatively in near future. If this is true, estimated EPS for second quarter would achieve ~25 sen giving four quarter earning of ~75 sen. Based on the PE 30, the estimated share price is 22.50 before split.

6. Catalyst- company acquiring and dollar hike in 2016

Wishing all topglov shareholders a greater year in 2016!!