Posted by hng33 > 1 month ago | Report Abuse

The Group’s bottom line for 4QFY2024 was affected by the sudden drastic weakening of the U.S.
Dollar against the Ringgit. In response, the Group has revised its selling prices upwards, the effects of
which will be realised from November 2024 onwards due to the time lag

Posted by UnicornP > 1 month ago | Report Abuse

It is the best quarter for the last 2 years. Supposedly bringing the share price to at least $1.40 considering the excellent prospect ahead.

Posted by hng33 > 1 month ago | Report Abuse

Top glove deserve to be top stock performance next year

Posted by Havefun > 1 month ago | Report Abuse

Sg counter erased all gain!

Posted by Magic888 > 1 month ago | Report Abuse

I like the warrant scheme! Obviously share price increase is anticipated.

Posted by hng33 > 1 month ago | Report Abuse

Once ASP hike take effect begin next Q, Topglove profit will growth exponentially. Bonus is get 1 for 20 free warrant as interim reward

Posted by hng33 > 1 month ago | Report Abuse

Also take note, USD currency have further recover strength to RM 4.30 now

Posted by bose00 > 1 month ago | Report Abuse

come on selldown to 0.8-0.9 .. i want to collect

Posted by dmyap327 > 1 month ago | Report Abuse

WAT HAPPEND?

Posted by AngAngBoHaiLang > 1 month ago | Report Abuse

follow EPF invest to the sea🤣

Posted by AngAngBoHaiLang > 1 month ago | Report Abuse

just hold it la, EPF invest near 100m in this counter also never afraid, u guy invest so little scare apa, haha

Posted by abcb > 1 month ago | Report Abuse

OMG! any bad news for TOPGLOV???

Posted by LittleKnife > 1 month ago | Report Abuse

On 10 October 2024, the Company proposed to undertake a bonus issue of up to 405,964,951 warrants in the Company
on the basis of 1 warrant for every 20 existing ordinary shares held on an entitlement date to be determined later.

Posted by LittleKnife > 1 month ago | Report Abuse

KUALA LUMPUR (Oct 10): Top Glove Corporation Bhd (KL:TOPGLOV) said on Thursday that its net losses narrowed sharply as sales surged, and the world’s largest glovemaker by capacity also booked gains from land sale.

Posted by AngAngBoHaiLang > 1 month ago | Report Abuse

no bad news, saja harvest ikan bilis, very fast will rebound later..

Posted by LittleKnife > 1 month ago | Report Abuse

how much was the gains from land sale ?

Posted by hng33 > 1 month ago | Report Abuse

last chance to grab before Topglove recover

Posted by bose00 > 1 month ago | Report Abuse

the revenue growth ! next year is the rubber-product-year..

Posted by NatsukoMishima > 1 month ago | Report Abuse

Sell on news loh ! Who dare to hold !

Posted by hng33 > 1 month ago | Report Abuse

the most importance is revenue growth, which indicate demand is pick up significantly. Profit margin can adjust upward easily later. Any hike in ASP will be PURE net profit next year

Posted by hng33 > 1 month ago | Report Abuse

Next year 2025 and 2026 will be GLOVE year as competition from china is ease off

Posted by hng33 > 1 month ago | Report Abuse

just measure your portfolio is full of glove stocks, ready for next year upsurge, especially topglove as it come with bonus free warrant

Posted by abcb > 1 month ago | Report Abuse

The uptrend reverse, may drop back below 1.00

Posted by SinGor > 1 month ago | Report Abuse

appreciating ringgit is making TG glove expensive ( like Super, TG has to increase selling price ) I getting news
China Glove to USA volume is Not dropping bcos Chinese Traders are repacking in Mexico to avoid US tax...
to further confused US custom, Glove are ship from Vietnam and Thailand to Mexico mixed with local
mexico manufactured Glove

Posted by hng33 > 1 month ago | Report Abuse

No only US custome will monitor, other glove player will collectively monitor any China glove try escape tax from other destination in US to safeguard their market share

Posted by yfchong > 1 month ago | Report Abuse

see can get cheap boh. ?

Posted by Huangbk72 > 1 month ago | Report Abuse

Hahahha... Collectively monitor with USA customs officer?

Can share how other glove players can do this?

75% increase in revenue still net core loss. What business is TG doing?

Posted by hng33 > 1 month ago | Report Abuse

Nowadays, many product import are require to disclose their entire production cycle to custom. It is no easy pathway for China to escape tax via other destination which essentially eliminate biggest threat for Msia glove player in US

In September 2024, the Group also released the results of a Life Cycle Assessment (LCA) which
evaluates the environmental impact of a product throughout its entire life cycle, from raw material extraction to disposal. The LCA which was carried out on Top Glove’s conventional nitrile powder free
gloves and biodegradable nitrile powder free gloves, revealed that carbon emissions for its
biodegradable nitrile powder free gloves were 8.3% lower than that of its conventional nitrile gloves,
reflecting Top Glove’s continual efforts to reduce its environmental footprint and advance sustainability
in its product offerings.

In July 2024, Top Glove successfully delivered its first shipment of natural rubber gloves to Europe
fully traceable to their plantation origins

Posted by Huangbk72 > 1 month ago | Report Abuse

Cmon.. promote also need to post gibberish?

Since when other countries ( non- EU) require LCA?

Posted by hng33 > 37 seconds ago | Report Abuse

Nowadays, many product import are require to disclose their entire production cycle to custom. It is no easy pathway for China to escape tax via other destination which essentially eliminate biggest threat for Msia glove player in US

Posted by hng33 > 1 month ago | Report Abuse

Even before tax start incur on China glove, many US already divert to topglove. US custom is very strict and able to tract all china glove and impose tax even if opt to divert from other destination

The Group saw especially strong growth in the U.S. where Sales Volume soared 120%
quarter on quarter, which was further driven by the high number of foreign manufacturers’ gloves being
placed on the U.S. FDA’s import alert list. With the impending imposition of high tariffs by the U.S. on
China made medical gloves, the Group anticipates a greater increase in Sales Volume growth in the
quarters to come.

Posted by EatCoconutCanWin > 1 month ago | Report Abuse

Buy in or sold? Who is the big shark push up price and sold to bilis? EPF biar dap

Posted by Huangbk72 > 1 month ago | Report Abuse

Hahahaha.. More and more gibberish.

U mean to say USA custom can analyze every glove entering USA and know its China made or not? DNA analysis?

Posted by hng33 > 18 seconds ago | Report Abuse

Even before tax start incur on China glove, many US already divert to topglove. US custom is very strict and able to tract all china glove and impose tax even if opt to divert from other destination

Posted by NatsukoMishima > 1 month ago | Report Abuse

Many malaysia products paste a label made in spore and sell to the western countries with rooftop price ! China glove can paste made in thailand also !

Posted by hng33 > 1 month ago | Report Abuse

Increase sale volume by 120% to US cannot denied.

The greater export volume is expected in next Q also cannot denied due to US divert order to topglove is factual

Posted by hng33 > 1 month ago | Report Abuse

Both Sale volume and upcoming ASP hike are all factual

Posted by Huangbk72 > 1 month ago | Report Abuse

Revenue increase 75% and yet core net loss. This is also actual fact.

Sales Volume increase is real.

ASP hike is not.

Take a look at INTCO Medical stock price. After announcing 50% tariff increase, stock price still going up. Market deem tariff not going to affect China gloves.

Biggest elephant in the room is weakening USD. Promoters actually trying not to talk about this.

Posted by InfinityTifanny > 1 month ago | Report Abuse

FY2025 is a turnaround year for Topglove. 100%

Posted by SinGor > 1 month ago | Report Abuse

for the last 3 Qr, cash generated is around 30--50mil----what pop-up profit is Selling Asset 150--250mil every
Qr without failed----Without disposing asset TG should record Net loss every Qr in 2024 from 100--200mil
which is far worse than Other Glove Manufacturers in Bursa

Posted by EatCoconutCanWin > 1 month ago | Report Abuse

Buy call bought 1.05

Posted by sammmy > 1 month ago | Report Abuse

Some gang collecting quietly when everyone dumping, today announcement again KWAP buying again. 20 existing share for 1 warrant is super big bonus to big guy like KwAP

Posted by NatsukoMishima > 1 month ago | Report Abuse

China has many way to bypass tariff lah bro !

Posted by KingKKK > 1 month ago | Report Abuse

TOPGLOV: Consolidation or Breakout?

https://klse.i3investor.com/web/blog/detail/bestStocks/2024-10-11-story-h471065336-TOPGLOV_Consolidation_or_Breakout

Posted by Huangbk72 > 1 month ago | Report Abuse

@ KingKKK

When you write financial article for public viewing, how can you miss out TG small profit is from selling assets and not core business profit ?

Missing out this will render your whole article on FA and TA irrelevant

Posted by yfchong > 1 month ago | Report Abuse

Itu bonus warrant can sell for monies?.

Posted by yfchong > 1 month ago | Report Abuse

If China gloves dun use arang batu as their source of energy.... it can't be selling that low. Let's compete in green energy apple to apple yeah.

Posted by X288888 > 1 month ago | Report Abuse

hold till next year

Posted by flexibt > 1 month ago | Report Abuse

RM2

Posted by X288888 > 1 month ago | Report Abuse

everyone is going to buy this under value stock + big shark has acc many share under RM1

Posted by X288888 > 1 month ago | Report Abuse

big shark sure won't let it go back under RM1.

Posted by hng33 > 1 month ago | Report Abuse

Indonesia eyes hefty tariffs on China as businesses decry cheap imports
Jakarta is proposing 200 percent tariffs on Chinese goods textiles, citing the United States’ policies as an inspiration...... China extreme cheap product below cost is unwelcome and such practice through gov subsidy on coal and other gov export incentive for china shark to penetrate global market is unsustainable