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2020-07-17 00:26 | Report Abuse
Support is at 19.1. Break this support heading 16.6 and 15.1.
2020-07-16 22:49 | Report Abuse
The closing price is 19.70...not 21.24 sad.
2020-07-16 22:31 | Report Abuse
@besmart they won’t stop lar. Their objective is to create unrest the buy cheap
2020-07-16 20:28 | Report Abuse
The one thing I agree with Tan Sri, they we're never given a chance to prove. So, this whole drama, may have something fishy behind the scene.
2020-07-16 20:21 | Report Abuse
If I am Tan Sri, I will just suspend until matter resolve...No room for opportunist haha
2020-07-16 20:07 | Report Abuse
If Topglov under China...China will just say fk you US. You don't want I sell to someone else
2020-07-16 20:05 | Report Abuse
Wow that Andy Hall really sounds very proud man...
2020-07-16 19:53 | Report Abuse
Yes cloud!! I support you!
2020-07-16 19:27 | Report Abuse
@stockraider cannot sustain? you got read report or not? tell me how much US revenue is?
2020-07-16 19:22 | Report Abuse
Honestly, I am very confident with TG producing good QR report.
The problem is just these few days due to those margin/contra players sentiment. If these few days won't go up, they sure sell.
All-in-all, if you dont sell also I dont see you losing money. Eventually it will rise back after this drama ends.
2020-07-16 19:16 | Report Abuse
@stockraider You go check again now...
2020-07-16 19:14 | Report Abuse
If you read the zoom briefing, 12.5% revenue is affected.
Math time:
1.2 billion X (1-0.125) = 1.05 billion net profit
2020-07-16 19:11 | Report Abuse
How long can that excess sustain? You check Amazon..."Not available"!
2020-07-16 19:07 | Report Abuse
Yes, US will sure lift the ban one...WRP is a good example. They not that stupid lar...they need glove. But the crisis is on these few days.
That's why I said, even you don't sell, you won't lose money because eventually it will come back up. You cannot deny the exponential growth on it's net profit.
The consideration is if you sell, are you selling at the right price? What happen it rebound when you sell? Can it go down enough that it covers the brokerage fees after you sell?
2020-07-16 18:58 | Report Abuse
Best strategy IMO, is to see tomorrow's sentiment.
I am more concerned with those margin/contra player. They sure sell. Whether it will bounce back will depends on how many ppl will sell.
Everyone hold tight tight, price won't drop much. Sell like crazy, price will go down rapidly.
Regardless, it will rebound. If you don't sell also, you won't lose money. Coz fundamental is strong.
The reaction is these few days lar.
The moment it comes up, it will be faster than rocket.
2020-07-16 16:55 | Report Abuse
It's obviously a show to buy cheap lar...what else?
2020-07-16 16:50 | Report Abuse
Actually this circuit breaker is a life saver. Looking at TG Sg, it's not that bad.
It's a good time to cool our head down. I bet US will lift the ban very soon. Shortage of glove is real.
RM18 looks like a good price.
2020-07-16 16:05 | Report Abuse
Tan Sri should just revenge...once clear ASP rise 50%
2020-07-16 09:57 | Report Abuse
@zigzag tell them to hedge their pharma or whatever at TG now...later "ja" (waste) also no more if they keep playing pharma.
2020-07-16 09:46 | Report Abuse
@peter most important is the fundamental...the expected net profit this quarter is RM1.2 billion
If hit, then the bull continues
2020-07-16 09:38 | Report Abuse
Top Gainer - No 1 TG
Sliver drop...investor sure come back....lol
2020-07-16 09:15 | Report Abuse
Today Red Team boss told them to disappear...dont disturb market lol
2020-07-16 09:10 | Report Abuse
Oi...Green Team...make some noise lar...today our turn
2020-07-16 09:07 | Report Abuse
The bull is back...with a vengence!
2020-07-16 09:06 | Report Abuse
If chart can win you money, you won't be sitting here talking to us
2020-07-15 22:04 | Report Abuse
Let's do some math
Capacity (max) 78,700,000,000
Quarterly Capacity (Glove count) 19,675,000,000 (capacity/4)
Glove per box 1,000
Quarterly Capacity (Box) 19,675,000 (quarterly c/1000)
Normal price per box (USD) 30.00
USD to MYR 4.20
Normal price per box (MYR) 126.00 (30 x 4.2)
80% capacity is normal price 1,983,240,000.00
20% capacity is spot order (X3) 1,487,430,000.00
Total revenue 3,470,670,000.00 (3.4 billion)
I let you work out the operating expenses.
Note: I am using only USD30. It is expected ASP to rise to USD40.
2020-07-15 21:58 | Report Abuse
We are actually expecting RM1.2 billion net profit but if achievable
2020-07-15 21:04 | Report Abuse
@taylor it's both...you need someone to buy in order for someone to sell. Its more meaningful to look at the movement.
2020-07-15 21:01 | Report Abuse
You sell only if you are a feng shui master who can tell the price is going to go down real hard and you can buy back at low price. Otherwise, a better strategy is to top up if you have extra cash.
2020-07-15 17:25 | Report Abuse
Look at all the TP from the IBs lar. This is clearly a profit taking activity. Like KYY wrote, you can sell but can you be sure you sell at the right price...what happen if it rebound sharply after you sell?
2020-07-15 16:51 | Report Abuse
another 20 cent discount...15k lots traded.
2020-07-15 16:42 | Report Abuse
last 10 min trading volume will be interesting
2020-07-15 16:40 | Report Abuse
So now IB is quietly collection between 22.00 - 22.08
2020-07-15 16:38 | Report Abuse
From observing l-v, there are ppl dont want the price to go up. But ppl also put a roadblock to avoid it from falling below 22.00
2020-07-15 16:34 | Report Abuse
it indicates generally ppl who bought today is losing money.
2020-07-15 16:32 | Report Abuse
@jungleboy volume weighted average price
2020-07-15 16:26 | Report Abuse
VWAP is around 22.32. So closing price should be close.
2020-07-15 16:19 | Report Abuse
Look at the volume lar, it's so alive. The volume indicate collection mode. Will go up either tomorrow or Monday.
2020-07-15 13:40 | Report Abuse
Share market isn't an easy game.
OTB tried the best of in his judgment to guide you via his experience.
You subscribe to him then have some faith in him.
In times of prosper or decline, he is still trying.
So stop your crap lar.
2020-07-15 11:08 | Report Abuse
Now, steady...Luke still training with Yoda. He will return in The Return of a Jedi!
2020-07-15 10:59 | Report Abuse
Now, The Empire Strikes Back! Vader - No!!!!
2020-07-15 10:02 | Report Abuse
Wah lao eh...all red...comfort green
2020-07-15 09:56 | Report Abuse
@pBlue profit taking and washout.
2020-07-15 09:53 | Report Abuse
See? you buy just now...now earning already. probably 1.00 per share ah. Fast money man...
2020-07-15 09:42 | Report Abuse
Look at the selling volume lar...double digit liao...just now triple digit...means selling pressure easing...time to buy
2020-07-15 09:40 | Report Abuse
1.00 discount still not happy meh...if it goes back up you straight gain 1.00 woh...
2020-07-15 09:39 | Report Abuse
I managed to top up...you pBlue? Got top up?
Stock: [TOPGLOV]: TOP GLOVE CORPORATION BHD
2020-07-17 00:28 | Report Abuse
If didn’t break 19.1, it’ll go up