TOP GLOVE CORPORATION BHD

KLSE (MYR): TOPGLOV (7113)

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Last Price

1.32

Today's Change

-0.08 (5.71%)

Day's Change

1.32 - 1.40

Trading Volume

32,668,900


72 people like this.

203,505 comment(s). Last comment by pang72 1 day ago

Huangbk72

5,162 posts

Posted by Huangbk72 > 1 week ago | Report Abuse

Aiyo yo.. this coconut Felix same style like that Miketikus

Talk SAP in TG.. no respect for TG members

Pitiful

As if sales of OMV u promoting in 2022 will boost SaP price. Fart pun tarak 🤣

Genovese

201 posts

Posted by Genovese > 1 week ago | Report Abuse

Then talk about TG which dumbass Auntie Huang Bok Kai condemning non stop. Profit still red as of last quarter but share price already rebounded from 0.71 to 1.35 (90% gain).

Why you so dumb looking at historical lost? Smart investors looking ahead into future!

This is recovery stock. No profit now doesn't matters, people know future is brighter than past 2 years.

I have locked profit for 5th rounds agained more than 100%. How about you dumbass Auntie Huang Bok Kai?

Huangbk72

5,162 posts

Posted by Huangbk72 > 1 week ago | Report Abuse

Aiyo yo Coconut Felix

I fact checked all your gibberish

TG price up not because of your gibberish like :
Cost come down la
Gas price come down la
ASP increase la

U were wrong last year.. only this year it happened and you still celebrate ? 🤣🤣

Shameless indeed.

Genovese

201 posts

Posted by Genovese > 1 week ago |

Post removed.Why?

Genovese

201 posts

Posted by Genovese > 1 week ago | Report Abuse

I also stated US trade war against China will benefit Malaysia gloves makers in my V shaped recovery posts.

This becomes reality from Jan 2025 onwards.

Genovese

201 posts

Posted by Genovese > 1 week ago | Report Abuse

I will buy TG again during price correction. The price will not going up in a straight line. Correction coming soon.

Huangbk72

5,162 posts

Posted by Huangbk72 > 1 week ago | Report Abuse

Aiyoyo Coconut Felix.. U think you are in a kindergarten forum?

If you are, then you are right cos you gibberish too much

Most of what you posted in 2022 was wrong 🤣🤣

Did you mention potential tariff hike? Other did, you didnt 😁😁

Now you understand this simple fact

Posted by Genovese > 36 minutes ago | Report Abuse

ASP price is going up, revenue is also going up, Gas price was much lower than peak in 2022. Which one not true?
I have locked profit several rounds before the US tariff hike announcement.

Why you so tin kosong and dumb dumb one? Still shameless taking rubbish here?

AndrewHo93

329 posts

Posted by AndrewHo93 > 1 week ago | Report Abuse

We will start hearing the theme song of TOPGLOVE again. Hehe 😁

paperplane

21,685 posts

Posted by paperplane > 1 week ago | Report Abuse

stock mkt is interesting place. When things are cheap now like below RM2, no one want, when TOPGLOV sky rocket price RM6, RM7 many busy buying, add more, get loan, get margin ALL IN, what a pathetic mentality, FOLLOWING BLINDLY THOSE SORHEM GURU!

Posted by HKHedgeFund > 1 week ago | Report Abuse

和祖国一起成长吧

yfchong

5,943 posts

Posted by yfchong > 1 week ago | Report Abuse

honour the chief

Posted by NoviceFish > 1 week ago | Report Abuse

The bullish trend ia halted due to overwhelmed overbought and overpriced. It is an obvious sign of collapsing. Please don't listen to someone who persuading you collecting this counter .

imbravo

103 posts

Posted by imbravo > 1 week ago | Report Abuse

CaoCaoLiar lose a lot in Topglove, jaya tiasa, ytlpower..

Income

12,671 posts

Posted by Income > 1 week ago | Report Abuse

NatsukoMishima
US , EUROPE already make huge stock pile from China glove before tariff start ! Only naive malaysia glove tard will believe reclaiming old glory stories from roti planta IB ! Cut you one more round !
10/12/2024 10:15 AM



Jepun, u really PanLai! That's why you always get 3 top spots in i3 Stockpick。Wow! Really panlai

Income

12,671 posts

Posted by Income > 1 week ago | Report Abuse

Jepun, u really PanLai! That's why you always get 3 top spots in i3 Stockpick competition. Wow! Really panlai
13/12/2024 2:59 PM

Income

12,671 posts

Posted by Income > 1 week ago | Report Abuse

兔子不吃窝边草的规定

dompeilee

11,888 posts

Posted by dompeilee > 1 week ago | Report Abuse

NoviceFish

The bullish trend ia halted due to overwhelmed overbought and overpriced. It is an obvious sign of collapsing. Please don't listen to someone who persuading you collecting this counter .

23 hours ago


^^^

My oh my...the above ret@rd keep getting it 180 degrees WRONG WRONG WRONG & still can't shut up! 😆

Jack888

884 posts

Posted by Jack888 > 1 week ago | Report Abuse

Topglov coming ....go...go...

Posted by EatCoconutCanWin > 1 week ago | Report Abuse

buy ..monday limit up. covid 2.0 coming

CaoCao

193 posts

Posted by CaoCao > 1 week ago | Report Abuse

Today's price reached 1.41.

TG total number of shares 8211 million shares.

If we valuate TG at PE 15. TG has to record profit of (1.41 / 15) * 8211 Millions =
RM 771,834,000 a year.

If we valuate TG at PE 20. TG has to record profit of (1.41 / 20) * 8211 Millions =
RM 578,875,500 a year.

If we valuate TG at PE 25. TG has to record profit of (1.41 / 25) * 8211 Millions =
RM 463,100,400 a year.

If we valuate TG at PE 35. TG has to record profit of (1.41 / 35) * 8211 Millions =
RM 330,786,000 a year.

RM 330 Millions is about pre-Covid earning which is around PE 35. So don't be too optimistic.




Posted by Jonathan Keung > 1 week ago | Report Abuse

Finally TG bangun

Posted by cypher09 > 1 week ago | Report Abuse

i wonder overprice or overvalued stock is matter if your entry at below RM 1?

CaoCao

193 posts

Posted by CaoCao > 1 week ago | Report Abuse

Lock profit does matter. The price won't go up in a straight uptrend line especially when the price is overvalue.

Assuming TG able to get pre Covid profit next year, still it is PE 35.

Posted by InfinityTifanny > 6 days ago | Report Abuse

Set your own target price and don't get influenced by the fluctuation of price

ggleow

110 posts

Posted by ggleow > 6 days ago | Report Abuse

big loss in the quarter result coming.
forex loss.

ggleow

110 posts

Posted by ggleow > 6 days ago | Report Abuse

too expensive the price already
dont chase. peak already

ggleow

110 posts

Posted by ggleow > 5 days ago | Report Abuse

the forex loss can be very huge
probably 40 million loss.

Cnlim

492 posts

Posted by Cnlim > 5 days ago | Report Abuse

half pass six comments

ggleow

110 posts

Posted by ggleow > 5 days ago | Report Abuse

gg leow.
game over.

StarOfTheBull

8,061 posts

Posted by StarOfTheBull > 5 days ago | Report Abuse

Today all gloves stock retrace, except Supermax, the only Malaysian gloves maker has a glove factory in USA planned three years ago, maiden production to start next month.

Posted by NoviceFish > 5 days ago | Report Abuse

For those who still holding, sell all before big loss! The bubble ald explode.

ggleow

110 posts

Posted by ggleow > 5 days ago | Report Abuse

going back to 1.00

Bullkobear

331 posts

Posted by Bullkobear > 5 days ago | Report Abuse

Change to Super Horse😎

CaoCao

193 posts

Posted by CaoCao > 5 days ago | Report Abuse

This Friday lunch time result announcement. Exchange rate impact expected in the QR. If still not able to report a positive result then some correction in price unavoidable.

The Board of Directors wishes to inform that the Company will be releasing its first quarter financial results for the period ended 30 November 2024 on Friday, 20 December 2024.

calvintaneng

56,893 posts

Posted by calvintaneng > 5 days ago | Report Abuse

SUPERIOR SUPERMAX: A RISING STAR AGAIN DUE TO ITS FIRST MALAYSIAN GLOVE FACTORY ON US SOIL, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-12-17-story-h476637158-SUPERIOR_SUPERMAX_A_RISING_STAR_AGAIN_DUE_TO_ITS_FIRST_MALAYSIAN_GLOVE_F

0 seconds ago

imbravo

103 posts

Posted by imbravo > 4 days ago | Report Abuse

hahaha..this felix888 losing a lot in topglove, jayatiasa, ytlpower.

Posted by WDCQ_I_am_legend > 4 days ago | Report Abuse

Unorthodox Analysis on Supermax Corporation Berhad as SUPER STOCK IN MAKING for year 2025
*TARGET PRICE : RM2.50*

Here are 10 main reasons why Supermax Corporation Berhad's share price may surge in 2025:

1. US Manufacturing Facility Commencement
Supermax's new manufacturing plant in the US is expected to begin operations in early 2025. With an initial production capacity of 2.4 billion gloves annually, it reduces dependency on exports and taps directly into the largest glove market. Full capacity is projected at 19.2 billion gloves.

2. Higher US Import Tariffs on Chinese Gloves
The US has imposed increasing tariffs on Chinese gloves:

50% in 2025

100% in 2026
This opens a massive opportunity for Malaysian glove producers like Supermax, as buyers seek alternative suppliers.

3. Improved Average Selling Prices (ASPs)
Global glove ASP trends are showing signs of recovery, forecasted to rise to US$21–US$22 per 1,000 pieces by late 2024 and 2025 due to increasing demand and rising costs.

4. Rebounding Global Demand for Gloves
The demand for gloves is projected to grow 8%–10% annually due to increasing hygiene awareness post-pandemic, rising healthcare spending, and infection control measures worldwide.

5. Weaker Malaysian Ringgit (Currency Advantage)
A weaker MYR against the USD benefits Supermax as exports generate foreign currency, boosting profitability and revenues.

6. Diversification into Developed Markets
Supermax’s expansion into Europe and North America mitigates risks associated with oversupply in Asian markets. The US plant reinforces direct relationships with customers.

7. Strong Balance Sheet and Cash Reserves
Supermax maintains a strong cash position that allows it to fund expansion, manage costs, and distribute dividends if necessary, improving investor confidence.

8. Glove Sector Recovery from Overcapacity
The global glove industry has faced overcapacity, but consolidation among competitors and steady demand growth are driving sector normalization, supporting higher ASPs and revenues.

9. Strategic Focus on ESG (Environmental, Social, and Governance)
Supermax’s focus on sustainable practices, including energy-efficient production and ethical labor compliance, attracts long-term institutional investors prioritizing ESG-compliant companies.

10. Improved Sentiment for Malaysian Glove Stocks
Malaysian glove stocks, including Supermax, are benefiting from renewed investor interest, driven by:

Recovery in demand

Improved sector outlook

Positive macroeconomic policies

Ghazaar

333 posts

Posted by Ghazaar > 4 days ago | Report Abuse

Seems like shorties attack glove counters again ...

Posted by NoviceFish > 4 days ago | Report Abuse

When this counter rises, many ppl talk big and verbal abuse others. When it falls, those ppl are disappear and keep quiet.

Zrenxy

635 posts

Posted by Zrenxy > 4 days ago | Report Abuse

All in top glove and hartalega. Going to fly soon

Bullkobear

331 posts

Posted by Bullkobear > 4 days ago | Report Abuse

BONUS ISSUE OF WARRANTS 😝

EVO118

2,207 posts

Posted by EVO118 > 4 days ago | Report Abuse

1 in 20 ! Going to get rich very soon.

pang72

51,982 posts

Posted by pang72 > 3 days ago | Report Abuse

Top glove the 1st issue free warrant..
The free warrant will be the hot chicken flying like Ipo stock after listing

pang72

51,982 posts

Posted by pang72 > 3 days ago | Report Abuse

Today 3 star align harta supermx and top glove.
2 announcement of w warrant..
The excitement is on the way...

pang72

51,982 posts

Posted by pang72 > 3 days ago | Report Abuse

Top glove market cap $11B
Harta market cap $13b

Working closely to include into Klci index AGAIN..

DON'T BELIEVE THE LEGEND OF TARGET PRICE $50 DURING COVID...
HERE WE GO

Luen07

95 posts

Posted by Luen07 > 3 days ago | Report Abuse

有人说 RM100呢!

pang72

51,982 posts

Posted by pang72 > 3 days ago | Report Abuse


事搁多年。。。
Hahaha... Rm100 的传说来真的了

Posted by AllIsVanity > 3 days ago | Report Abuse

What if I hold 100000 shares, what will I get?

pang72

51,982 posts

Posted by pang72 > 3 days ago | Report Abuse

Top Glove has an annual glove production capacity of 95 billion pieces. This makes them one of the world's largest manufacturers of nitrile, natural rubber, and surgical gloves.

pang72

51,982 posts

Posted by pang72 > 3 days ago | Report Abuse

TG utilisation around 35% years 2023.
With the increasing demand from US to fill up the gap of 120B gloves.., top glove ready to swing to the max..

What is the earning like for 30% to 80% estimated...?

Friday will hv the full answer....

Many overlook the largest glove manufacturer in the world in capacity during covid, however top glove has the most free capacity to grab the urgent demand hence top glove beat everyone in the competition..

Will it repeat? Let's see

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