Posted by MoneyMakers > 2021-07-06 13:45 | Report Abuse

Margma said global demand for gloves in 2021 was expected to remain at 420 billion pieces”

15% demand growth in 2022 = 480Bil

Global demand 2022 480Bil
MY production 2022 320Bil
IntCo production 2022 130Bil

Glove shortage doesnt mean can maintain high ASP..2022 glove shortage 30Bil (just from MY/IntCo production) - even less than 2019 shortage 40Bil..havent include production from EU/Thai

With lower shortage in 2022 than 2019, only logical ASP return to pre-pandemic level

Prepandemic ASP = prepandemic profit = prepandemic price (65sen)

Posted by MoneyMakers > 2021-07-06 13:45 |

Post removed.Why?

Posted by MoneyMakers > 2021-07-06 13:46 | Report Abuse

US just 5K cases..UK cases up but death rate drop 98% b’coz vacc

No one wanna rush-buy gloves anymore..impossible to stay above 3.0

Posted by MoneyMakers > 2021-07-06 13:48 | Report Abuse

Face reality..ASP going back to prepandemic level

Prepandemic profit = prepandemic share price (65sen)

Posted by MoneyMakers > 2021-07-06 13:48 | Report Abuse

Work harder boys..need to REMOVE those ‘bad’ comments ASAP

Cant let anyone know anything ‘bad’ about gloves lol..PATHETIC

Posted by ToneeFa > 2021-07-06 13:52 | Report Abuse

MM, with evil Covid making a strong comeback, ur boss still pushing u to achieve 65sen ka? Looks like ur boss even more evil then Covid, slave driving u like that. U should complain to JTK on forced labour against your shorty boss.

Posted by MoneyMakers > 2021-07-06 13:56 | Report Abuse

Wait coming QR profit 500Mil (RHB) + another ASP drop announcement..BLOODBATH coming

Posted by MoneyMakers > 2021-07-06 13:56 | Report Abuse

What kind of stock drops 50% from Apr high 6.5 (2 months)

Answer - stock thats going to 65sen (prepandemic price)

Posted by MoneyMakers > 2021-07-06 13:57 | Report Abuse

See IBs downgrade TP from 7++ to 3++ in 1 quarter

Wait year end TP 1++

Posted by MoneyMakers > 2021-07-06 13:57 | Report Abuse

Work harder boys..need to REMOVE those ‘bad’ comments ASAP

Nonono cant let anyone know anything ‘bad’ about gloves lol..truly PATHETICALLY LAUGHABLE

Posted by ToneeFa > 2021-07-06 14:09 | Report Abuse

MM, YAWN, you everyday over repeating your misinfo is upsetting Mr Forum,

Posted by onhands > 2021-07-06 14:11 | Report Abuse

IB target prices ka ?
Look at how PJSeow how get a Bezza but lost his Lamborg & Cayenne when price was above 6 he listed six IB gave high target prices toyed him continue keeping.
Glovesoff lazy bumpkin long time no up date scores

Posted by GlovesOff > 2021-07-06 14:12 | Report Abuse

Hehe don't want break he's heart la

Posted by MoneyMakers > 2021-07-06 14:12 |

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Posted by MoneyMakers > 2021-07-06 14:13 |

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Posted by MoneyMakers > 2021-07-06 14:13 | Report Abuse

Wait coming QR 500Mil profit (RHB) - no buyers & alot sellers..real massacre coming

Posted by MoneyMakers > 2021-07-06 14:14 |

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Posted by MoneyMakers > 2021-07-06 14:16 |

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Posted by mf > 2021-07-06 14:28 | Report Abuse

BERITA UTAMA
Kebenaran beroperasi Top Glove ketika PKPD dibatal - sumber Miti

Sumber tersebut menambah, ketetapan sama turut diguna pakai bagi kilang bukan sektor penting di kawasan PKPD.

Yasmin Ramlan
48 minit lepas

Posted by GlovesOff > 2021-07-06 14:30 |

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Posted by ToneeFa > 2021-07-06 14:31 |

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Posted by Beary > 2021-07-06 14:33 | Report Abuse

Wah close down ah?

I hope that is negative news lah.

Otherwise how to buy chip chip

haha...

Posted by ToneeFa > 2021-07-06 14:39 | Report Abuse

@GlovesOff okla we off day let Malaysia kini do the job for us haha
06/07/2021 2:30 PM

GloveOffock, you ppl are so black hearted to wish the best of MY industry to be destroyed. Fortunately, all these are just temporary set backs that will be rectified one way or another. Also, you seem overjoyed to learn that many frontliners may not get the much needed gloves that can save their lives. Don't be so black hearted la. Mr Forum is watching all these back hearted ppl.

Posted by ToneeFa > 2021-07-06 14:44 | Report Abuse

https://youtu.be/MrvZ6an2O6o

Study by Israel said Pfizer efficacy has dropprd to 64% due to Delta variant. Aiyoh, even mRNA vaccines are slowly losing to evil Covid. That explains the sudden surge in critical illness cases in Israel involving even the fully vaccinated ppl.

Posted by MoneyMakers > 2021-07-06 14:47 |

Post removed.Why?

Posted by MoneyMakers > 2021-07-06 14:47 | Report Abuse

No need fearmonger any variants..US just 5K cases..UK cases up but deaths less than 20 vs Jan peak 1.2K (98% drop in death rate b’coz vaccine)

Posted by MoneyMakers > 2021-07-06 14:48 | Report Abuse

Wait coming QR profit 500Mil (RHB) + another ASP drop announcement..BLOODBATH coming

Lets have 3.0 before QR out..then 2.5 (15% drop) after QR out

Posted by ToneeFa > 2021-07-06 14:48 | Report Abuse

@MoneyMakers Walau soo long havent delete my comments yet

Better remove ASAP b4 price drop..soo many bad things can let others know meh
06/07/2021 2:45 PM

The longer your comments are up here, the longer you will sound like a fool with your call for 65sen and 500mil by next QR. Be prepared to put your kuku on the chopping board MommyHomeMaker

Posted by MoneyMakers > 2021-07-06 14:51 |

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Posted by MoneyMakers > 2021-07-06 14:52 |

Post removed.Why?

Posted by GlovesOff > 2021-07-06 14:53 |

Post removed.Why?

Posted by GlovesOff > 2021-07-06 14:54 |

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Posted by GlovesOff > 2021-07-06 14:58 | Report Abuse

forgot to exclude Local Funds dumped Harta -81.9M

Must be EPF dumping Harta 10M shares

Posted by MoneyMakers > 2021-07-06 15:01 |

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Posted by GlovesOff > 2021-07-06 15:02 | Report Abuse

MMakers ~ legit from CIMB fund flow ... I dissected for everyone's knowledge

quickly read lo after removed d rugi lo

Posted by NatsukoMishima > 2021-07-06 15:03 | Report Abuse

@BERITA UTAMA
Kebenaran beroperasi Top Glove ketika PKPD dibatal - sumber Miti

Sumber tersebut menambah, ketetapan sama turut diguna pakai bagi kilang bukan sektor penting di kawasan PKPD.

Yasmin Ramlan
48 minit lepas


Is that means glove factory all shut down ??

Posted by ToneeFa > 2021-07-06 15:04 | Report Abuse

@MoneyMakers No need fearmonger any variants..US just 5K cases..UK cases up but deaths less than 20 vs Jan peak 1.2K (98% drop in death rate b’coz vaccine)
06/07/2021 2:47 PM

MM, I think you missed the point yet again. https://youtu.be/MrvZ6an2O6o
This video shows that there is a deteriorating pattern of vaccine effectiveness over time with the appearance of newer variants. Pfizer was known to have 90%+ efficacy previously but now has dropped to 64%. With many parts of the world still being ravaged by Covid, it may be inevitable that some new variants will completely escape the current vaccines in coming months. Just like dropping of glove ASP over time may signal the end of supernormal profit for glovemakers, the dropping of neutralizing antibodies effectiveness of current vaccines over time may signal the increasing strength of Covid to effectively bypass the neutralizing antibodies soon. The fact that study shows this is happening means there is a possibility which cannot be taken lightly. If that happens then there is no more defense by the vaccines and ppl will start to seriously get ill again. Of course, the only remedy is , newer updated vaccines will need to be rolled out to the entire population again. That means an extended period of time to reach herd immunity, if ever that is possible.

HARI HARI TURUN SEDIKIT, LAMA LAMA JADI BUKIT"

Posted by Beary > 2021-07-06 15:06 | Report Abuse

Diu....tg within 2 sen

Still cannot get.

Work harder chickens.

Posted by GlovesOff > 2021-07-06 15:06 | Report Abuse

@Tony, Tony --- why Delta & Lampa variant so geng , Funds sold combined of 338M for top 3 gloves in just weeks?

Posted by ToneeFa > 2021-07-06 15:07 |

Post removed.Why?

Posted by GlovesOff > 2021-07-06 15:08 | Report Abuse

@Tony you s0r head or what this is latest funds outflow, different/not under RSS list noob

Posted by investmalaysia66 > 2021-07-06 15:09 | Report Abuse

Beary, you queue first la at 3.1. Maybe by 4.30 you can get

Posted by Beary > 2021-07-06 15:11 | Report Abuse

Spx 3.10 I dont want.

I want TG at 3.91

SPX 3.01 still far away.


Posted by investmalaysia66 > Jul 6, 2021 3:09 PM | Report Abuse

Beary, you queue first la at 3.1. Maybe by 4.30 you can get

Posted by MoneyMakers > 2021-07-06 15:11 |

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Posted by GlovesOff > 2021-07-06 15:11 | Report Abuse

funds so happy got bag holder like pjseow . mercilessly sold 338M yet retailers keep buying / avging down ...

Posted by investmalaysia66 > 2021-07-06 15:13 | Report Abuse

Okay. Then you queue at 3.91 for topglove lo. Maybe later can get

Posted by sharemarket21 > 2021-07-06 15:13 | Report Abuse

Well need to correct the fact and situation. A crisis is formed from the sudden reactions from investors which out of control for a short period of time. Gloves sector price long depreciation was due to forward-looking market expectation and driven by obvious signs and numbers normalization after it hit the peak. There is no urgency and crisis on the gloves companies right now apart of the market and public perception due to supply and demand purely. Simple and straightforward case.

The gloves sudden demand started last year March and it triggered a new wave and competition across the nations. Along the way, there come some obstacles such as COVID-19 is under control, CBP and fierce competitions among others, and high expectations subsided after the short-term hypes. The only question remains now how low it will go and only our investments considered worthwhile in order to see some genuine real technical appreciation in line with market perception and meeting its latest quarterly profits results and forecast numbers. Or unless if you really think there will be another pandemic and worldwide lockdown? There are facts and signs out there by now. As such make your investments decisions wisely.

Posted by MoneyMakers > 2021-07-06 15:19 |

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Posted by skyu > 2021-07-06 15:20 | Report Abuse

lower will be lower

Posted by CITADEL > 2021-07-06 15:26 |

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