TOP GLOVE CORPORATION BHD

KLSE (MYR): TOPGLOV (7113)

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Last Price

1.08

Today's Change

0.00 (0.00%)

Day's Change

1.08 - 1.11

Trading Volume

24,189,100


72 people like this.

203,220 comment(s). Last comment by hendrycheah 14 hours ago

Huangbk72

5,066 posts

Posted by Huangbk72 > 1 month ago | Report Abuse

Hahaha... Coconut Felix.. are you still living in a nut?

U didnt know 2 days of exploding China stocks? All stocks going up unstoppable..

U dumdum.. told you to close eye buy China and USA stocks last month.. U cannot comprehend 🤣🤣

u make it sound like weakening USD no impact to TG.. 🤣🤣🤣

Posted by edwing9981 > 1 month ago | Report Abuse

Auntie Huang Bok Kai dumbass cucumber 🥒 was on hibernation for one month because lost naked in China market. Still thick face bullshit here ke? Where is your record? Show us!!

Huangbk72

5,066 posts

Posted by Huangbk72 > 1 month ago | Report Abuse

Huh.. Going on holiday also have to report to Coconut Felix? What rule is this 🤣🤣🤣🤣

Buy what China stocks also have to report to Coconut Felix? 🤣🤣🤣

Go check China stocks last 2 days la.. Even Intco Medical with upcoming tariff 50% to USA also gone up 12% 🤣🤣🤣🤣

Dumdum.. people play stocks.. he play sand

Posted by edwing9981 > 1 month ago | Report Abuse

I have locked profit 4 rounds in TG alone. More than 💯 % gain in past 6 months. All buy and sell decisions recorded here. Ask your good friend UlarSawa.

Posted by edwing9981 > 1 month ago | Report Abuse

Your cina stock still in lost based on your cost.

For example this Bester still in lost more than 20% ma. President Xi' going to con you for 2nd round, your mark my statement today. One month later you check again what I said today is true or not.
China Bester Group Telecom Co Ltd
SHA: 603220
Overview
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Financials
20.28 CNY -5.20 (-20.41%)past 6 months
27 Sept, 3:00 pm GMT+8 • Disclaimer

Huangbk72

5,066 posts

Posted by Huangbk72 > 1 month ago | Report Abuse

Hahhaa... My Bester cost RMB31

Up 27% in 1 month

Then stock split

Today price 20.28

Still 20% loss? 🤣🤣🤣

Mana sekolah you

Told you 2 days ago.. my target is close for 4th round

Income

12,099 posts

Posted by Income > 1 month ago | Report Abuse

Where is Sawa?
Sawa Went to Genting to Ahmoiing?
Hahaha
Sawawife not jealous? OMG

Posted by edwing9981 > 1 month ago | Report Abuse

Sohaai your share split is 1.3 to 1.

1.3 x CNY 20 = 26. You still in lost sohaai.

Huangbk72

5,066 posts

Posted by Huangbk72 > 1 month ago | Report Abuse

Hahha., Coconut Felix is still a coconut..

Im asking you.. loss 20.41% as you repeatedly posted ?

U sure my cost is 26 after split? U really sure and yes, this is a trick question 🤣🤣

Posted by edwing9981 > 8 seconds ago | Report Abuse

Sohaai your share split is 1.3 to 1.

1.3 x CNY 20 = 26. You still in lost sohaai.

Posted by edwing9981 > 1 month ago | Report Abuse

Top investors cash out of China stocks after economic stimulus.

Sohaai people run for life but she still caught on top of musang king tree. Hahahahahahaahha

Huangbk72

5,066 posts

Posted by Huangbk72 > 1 month ago | Report Abuse

Now Coconut going to the realm of delusions

Who will run? 3 stimulus in 1 shot by China government. Definitely more on the way..

Maybe you will.. cos you coconut 🤣🤣🤣

Dont even understand China stock market, yet talk like an expert.. Same like YTLP thread.. full of gibberish

By the way, still waiting for your "clever" stock split calculation 😆😆😆😆

Income

12,099 posts

Posted by Income > 1 month ago | Report Abuse

kurang stim already?

Huangbk72

5,066 posts

Posted by Huangbk72 > 1 month ago | Report Abuse

Don’t say I BoWarn.

Almost all TG revenue denominated in usd

Existing GP margin less than 5%

Posted by Mabel > 10 minutes ago | Report Abuse

Ringgit likely to hit RM3.55 to US dollar - 28 Sep 2024
BMI has a bullish view on the ringgit which it forecast to strengthen further as interest-rate differential between the United States and Malaysia narrows with further rate cuts by the US Federal Reserve (Fed) in 2024 and 2025.

Income

12,099 posts

Posted by Income > 1 month ago | Report Abuse

Loh Kok Wai W is really Ular

yfchong

5,863 posts

Posted by yfchong > 1 month ago | Report Abuse

let's see next week ada umph boh

hng33

20,465 posts

Posted by hng33 > 1 month ago | Report Abuse

1. The Group is optimistic that the strong growth momentum will sustain, as customers continue replenishing their depleting glove stockpiles. The group continues to see MoM uptrend in sales volume in Sept 2024 and expects customers’ replenishment activity to pick up in subsequent quarters, underpinned by inventory rebuilding by distributors, indicating that demand recovery had further gained momentum. Presently, its sales volume had strengthened 25%-30% MoM, bringing utilisation rate to 65%-70% vs. our assumption of 55% in FY25 (based on 64b pieces capacity) compared to 45% in 3QFY24. Recall, it has previously highlighted that the bulk of a shipment delay in 3QFY24 estimated at 500m pieces had already been shipped and will be booked in 4QFY24.

2. It is optimistic that ASPs are expected to inch up gradually, potentially by 5%-15% or USD0.80 - USD1.50 per 1,000 pieces due to the uptick in demand and mitigation against the appreciating MYR against USD. However, due to the lag impact, ASP increases will only be felt gradually starting from Nov-Dec CY24. We believe predatory pricing by certain overseas players (i.e. selling below cost over an extended period to eliminate competition) have diminished as Chinese players’ utilization hit >90% While TOPGLOV is silent on existing ASP, we estimate every USD1 change impacts earnings by below 2%. We conservatively assumed ASP of USD20/1,000 pieces in our earnings model.

3. The group highlight that its exports to the US is continuing to show improvement which currently accounts for 28%-30% of its geographical sales mix. As an indication, TOPGLOV has seen its volume sales from the US market raising 20% YoY to account for 15% in 9MFY24 compared to pre-pandemic average of 20%-30%.

Income

12,099 posts

Posted by Income > 1 month ago | Report Abuse

kurang stim already?

Posted by Balian de Ibelin > 1 month ago | Report Abuse

the Viagra was fake, bought from back lane Petaling Street.

mf

29,056 posts

Posted by mf > 1 month ago | Report Abuse

U.S. boosts air support and hikes troops’ readiness to deploy for Middle East

hng33

20,465 posts

Posted by hng33 > 1 month ago | Report Abuse

Added more topglove at 1.00

hng33

20,465 posts

Posted by hng33 > 1 month ago | Report Abuse

Next month topglove will likely record maiden turnaround profit

Huangbk72

5,066 posts

Posted by Huangbk72 > 1 month ago | Report Abuse

Hahahha... We play stocks.. Coconut Felix play sand.

This also can get it so wrong. Follow your words sure go Holland 🤣🤣🤣

Baidu and Bester still unstoppable.

Huangbk72

Now Coconut going to the realm of delusions

Who will run? 3 stimulus in 1 shot by China government. Definitely more on the way..

Maybe you will.. cos you coconut 🤣🤣🤣

Dont even understand China stock market, yet talk like an expert.. Same like YTLP thread.. full of gibberish

By the way, still waiting for your "clever" stock split calculation 😆😆😆😆

2 days ago

KingKKK

448 posts

Posted by KingKKK > 1 month ago | Report Abuse

FBMKLCI Shake-Up in Q3: Sector WINNERS and LOSERS - YTLPOWER, MAYBANK, YTL, HARTA, TOPGLOV, CIMB, GAMUDA

https://klse.i3investor.com/web/blog/detail/bestStocks/2024-09-29-story-h470135190-FBMKLCI_Shake_Up_in_Q3_Sector_WINNERS_and_LOSERS

Income

12,099 posts

Posted by Income > 1 month ago | Report Abuse

kurang stim already?

Posted by fightingdragons > 1 month ago | Report Abuse

Rubber glove export value rising. For TG's reporting quarter, Malaysia's export value rose 21% (other factors notwithstanding) https://x.com/Noneotherthanwe/status/1839702131680661997

Huangbk72

5,066 posts

Posted by Huangbk72 > 1 month ago | Report Abuse

Irrelevant. TG GP margin less than 5% is too low to absorb major strengthening of RM.

Posted by NoviceFish > 1 month ago | Report Abuse

Glove stock ald reach its highest price. Sell all to cut loss now!

abcb

3,025 posts

Posted by abcb > 1 month ago | Report Abuse

TP1.22 within one week

abcb

3,025 posts

Posted by abcb > 1 month ago | Report Abuse

Try to challenge 1.05 this afternoon session

abcb

3,025 posts

Posted by abcb > 1 month ago | Report Abuse

Keep for medium term, TP5.00

Posted by NoviceFish > 1 month ago | Report Abuse

Don't be fooled by the fake rebound. Once the QR report release, it will drop to 0.80 something. Previous QR report proved it. Sell all before too late!

yfchong

5,863 posts

Posted by yfchong > 1 month ago | Report Abuse

Apa macam... least Kwap keeps loading..

abidinaa

80 posts

Posted by abidinaa > 1 month ago | Report Abuse

If it drop to 0 .80 again, then I know for sure that KWAP is even more clueless than most newbies.

mf

29,056 posts

Posted by mf > 1 month ago | Report Abuse

Dow Jones

Dow Jones Industrial Average

42,091.75

-238.40

0.56%

Nasdaq

NASDAQ Composite

17,947.87

-241.29

1.32%

hng33

20,465 posts

Posted by hng33 > 1 month ago | Report Abuse

Fed Chair Jerome Powell hinted the central bank is not in a rush to rapidly cut rates.

Better invest in defensive healthcare related stock, glove is essential and stiff China competition is easing due to upcoming 50% tax levy in 2025 and 100% tax levy in 2026

stainlyho37

2,275 posts

Posted by stainlyho37 > 1 month ago | Report Abuse

just watch out this...!looks nice now...

Posted by hendrycheah > 1 month ago | Report Abuse

Ya, just hold for another 3 months... the forward looking market maker will factor in the 50% US tariff soon


stainlyho37

just watch out this...!looks nice now...

Posted by NoviceFish > 1 month ago | Report Abuse

Self deception is bad. We all know that glove stock ald reach its peak. Sell it now to avoid further loss!

minichart

23 posts

Posted by minichart > 1 month ago | Report Abuse

Key Drivers of Growth
Top Glove’s positive outlook stems from several strategic initiatives and external factors:

Market Recovery: The global glove industry has faced a downturn, but there are expectations for recovery as demand normalizes post-pandemic.
Operational Efficiency: Top Glove has been focusing on enhancing its operational efficiency, which is expected to help the company remain competitive and improve margins once the market recovers.
Target Price and Valuation
Top Glove’s target price has been set at RM1.45, reflecting an attractive upside from its current market price of RM1.01. The stock remains a good investment opportunity for those looking to capitalize on the glove sector’s eventual recovery and the company’s strong market position.

https://www.minichart.com.sg/2024/10/02/top-glove-optimistic-on-future-growth-with-strong-medium-term-prospects/

Huangbk72

5,066 posts

Posted by Huangbk72 > 1 month ago | Report Abuse

Irrelevant. TG GP margin less than 5% is too low to absorb major strengthening of RM.

Michael Kwok

6,421 posts

Posted by Michael Kwok > 1 month ago | Report Abuse

Topglov 1.14


U see.told u so.it drop.

3/10/24 11.55pm
Duh,many say harta 314 and kossan 2.25 but let see correction first.
18/9/24 12.16am

Cheers

143 posts

Posted by Cheers > 1 month ago | Report Abuse

Who still trap at the high price

hng33

20,465 posts

Posted by hng33 > 1 month ago | Report Abuse

Indications are pointing to a strong demand recovery moving into 4QCY24 and CY25 that will exceed our previous assumptions, underpinned by inventory rebuilding from distributors. Specifically, there has been uptick in orders over the past two quarters. The rise in demand comes as the inventories of major distributors across all regions have returned to normal levels. Case in point - HARTA expects to hit sales volume of 2.2b pieces/month in 2HFY25. Already, HARTA has seen 1QFY25 orders hitting close to 2b pieces per month compared to 1.5b-1.8b pieces per month in 4QFY24 and 3QFY23. TOPGLOV is optimistic that the strong growth momentum will sustain, as customers continue replenishing their depleting glove stockpiles. The group continues to see MoM uptrend in sales volume in June 2024 and expect customers’ replenishment activity to pick up in subsequent quarters, underpinned by inventory rebuilding from distributors, indicating early signs of potential recovery in demand. It has seen sales order rising 25%-30% MoM. Tell-tale signs of predatory pricing by certain overseas players (i.e. selling below cost over an extended period of time to eliminate competitors) have diminished. Specifically, glove players under our coverage have seen their ASPs rising over the past two quarters, potentially implying demand is on the path to a recovery boosted by order replenishment.

omione

119 posts

Posted by omione > 1 month ago | Report Abuse

Why is Q4 report delayed?

JovaneChua

501 posts

Posted by JovaneChua > 1 month ago | Report Abuse

Son, not delayed, promised to release on 10th this month. Thanks

hng33

20,465 posts

Posted by hng33 > 1 month ago | Report Abuse

Top glove always follow its rule to announce date of release Q result by given 1 week ahead notification in bursa. These practices is also similar happen to SUNWAY and SUNCON

Posted by NoviceFish > 1 month ago | Report Abuse

Q4 delayed because result is too bad. Sell all stock before it collapse! Cut loss now!

JovaneChua

501 posts

Posted by JovaneChua > 1 month ago | Report Abuse

NoviceFish is irresponsibly spreading fake news to mislead. Please do report him/her. Thanks.

JovaneChua

501 posts

Posted by JovaneChua > 1 month ago | Report Abuse

Official announcement can be found on Bursa Malaysia website. Be an informed investor. War or not, gloves are still needed, Topglove deserves justice after 3 years of downtime.

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