Top Glove    Last:0.265    +0.01

Top Glove Make or Break

Result already out

PiRPiR      ( Date: 09-Jun-2022 12:59) Posted: Results released after market close today lailai      ( Date: 09-Jun-2022 12:42) Posted: HALT liao, pending 3Q result release

 

Results released after market close today

lailai      ( Date: 09-Jun-2022 12:42) Posted: HALT liao, pending 3Q result release. marco69      ( Date: 09-Jun-2022 11:13) Posted: For result need to have a quick glance at their cashflow. Previously they want to IPO else where to raise fund but looks like it not going to happen. Q-Q compare their cash burn fast. If still burning fast where did the money goes? Could be why EPF ditching the boat previously... Let's see.

 

HALT liao, pending 3Q result release.

marco69      ( Date: 09-Jun-2022 11:13) Posted: For result need to have a quick glance at their cashflow. Previously they want to IPO else where to raise fund but looks like it not going to happen. Q-Q compare their cash burn fast. If still burning fast where did the money goes? Could be why EPF ditching the boat previously... Let's see. lailai      ( Date: 09-Jun-2022 07:45) Posted: If buy ytd at 39, still too hi lah, cos closed at 38. Anyway result tody, if not b4 mkt opens, will either at lunch break or mkt close. Jus a quic look at price since beginning 2022. Started nearly at 80c in Jan, ard 60c in apr, now june at less than 40, but 38. Has the virus eaten up the gloves. Or is it EPF. Watadecline. If no turn ard now, then when lah

 

For result need to have a quick glance at their cashflow. Previously they want to IPO else where to raise fund but looks like it not going to happen.
Q-Q compare their cash burn fast. If still burning fast where did the money goes? Could be why EPF ditching the boat previously... Let's see.

lailai      ( Date: 09-Jun-2022 07:45) Posted: If buy ytd at 39, still too hi lah, cos closed at 38. Anyway result tody, if not b4 mkt opens, will either at lunch break or mkt close. Jus a quic look at price since beginning 2022. Started nearly at 80c in Jan, ard 60c in apr, now june at less than 40, but 38. Has the virus eaten up the gloves. Or is it EPF. Watadecline. If no turn ard now, then when lah. niteowl68      ( Date: 08-Jun-2022 13:29) Posted: AT this price of 39c, just buy and keep.  Qtr Results will out tmr and the Boss Datok L had given us a vote of confidence by buying shares in the open Mkt last week and making announcement on Sgx.. so what are you waiting for?? Last year at 1.5 to 1.8x so many people charge in to buy...  now 39c is like Big Sale... Dyodd..

 

Yah, vely low. Even in 2018-2019 b4 covid, it usually trade at 50-60c, never < 40c.
It' s making profit amos all the qtrs, giving div after div, even at one stage sharing 70% of profit.
Smell like got someting fishy, otherwise y EPF kept selling so often for wat, and boss kept buying for wat even at close periods???
 

Sgvale      ( Date: 09-Jun-2022 09:42) Posted: Wau! So low now.

 

Wau! So low now.

 

If buy ytd at 39, still too hi lah, cos closed at 38.
Anyway result tody, if not b4 mkt opens, will either at lunch break or mkt close.
Jus a quic look at price since beginning 2022. Started nearly at 80c in Jan, ard 60c in apr, now june at less than 40, but 38. Has the virus eaten up the gloves. Or is it EPF.
Watadecline. If no turn ard now, then when lah.

niteowl68      ( Date: 08-Jun-2022 13:29) Posted: AT this price of 39c, just buy and keep.  Qtr Results will out tmr and the Boss Datok L had given us a vote of confidence by buying shares in the open Mkt last week and making announcement on Sgx.. so what are you waiting for?? Last year at 1.5 to 1.8x so many people charge in to buy...  now 39c is like Big Sale... Dyodd..

 

already much lower than pre-pandemic level. the revenue and margins said it all. price always don' t lie. go for those that still trade higher than pre-pandemic level! those are the ones with margin sustained well with good prospects! cheers.

 

But also see EPF whether those fund manager buying or selling too?

niteowl68      ( Date: 08-Jun-2022 13:29) Posted: AT this price of 39c, just buy and keep.  Qtr Results will out tmr and the Boss Datok L had given us a vote of confidence by buying shares in the open Mkt last week and making announcement on Sgx.. so what are you waiting for?? Last year at 1.5 to 1.8x so many people charge in to buy...  now 39c is like Big Sale... Dyodd..

 

AT this price of 39c, just buy and keep. 
Qtr Results will out tmr and the Boss Datok L had given us a vote of confidence by buying shares in the open Mkt last week and making announcement on Sgx.. so what are you waiting for??
Last year at 1.5 to 1.8x so many people charge in to buy...  now 39c is like Big Sale... Dyodd..   

 

Kongsi making profit like every qtr, been giving div after div, sometimes got sp div. But las qtr din give anything, maybe this one got, who knows.
2molo 3Q result out, will not be surprised boss gives a surprise, good or bad wait til 2molo.
But looking at past history, think current price is like bronze, not gold nor silver. Watodo with EPF taking the shine away, maybe their PM got to call their clazy fund managers for kopi.

TheMatrix      ( Date: 07-Jun-2022 19:57) Posted: Top glove 2022 1st qtr revenue suffer a massive drop compare to previous year. Things don't look good for TG. The current price maybe a bit oversold but I don't think it's that far off from the actual evaluation. TradeExpert      ( Date: 07-Jun-2022 19:16) Posted: Agree. Oversold counter. Look at the fundamentals and global situation. Time for it to rebound and move up aggressively. EPF sold a large percentage and it will be their loss.  I will think it will hit 0.45 to 0.48 first to find support before cheong to $1

 

Our health minister said another wave of pande ?mic will be hiting Singapore as soon as July ?

TradeExpert      ( Date: 07-Jun-2022 19:16) Posted: Agree. Oversold counter. Look at the fundamentals and global situation. Time for it to rebound and move up aggressively. EPF sold a large percentage and it will be their loss.  I will think it will hit 0.45 to 0.48 first to find support before cheong to $1   Abe2021      ( Date: 07-Jun-2022 10:49) Posted: This counter got potential. Maybe slowly collect some. Yeah same hold for short term, This counter is very much speculated just like RS We are going to live with more and more virus and many unknown so the demand will be there

 

Maybe they look at the old report and though TG is still a cash cow?

chiachiawee      ( Date: 07-Jun-2022 20:05) Posted: Lol whoever said buy TG at this point of time sure have agenda. Compare across all Malaysia and Singapore glove maker can tell TG is one of those suffered the most drop in revenue and margin. It?s probably trade at a price very close to its intrinsic value now. If want to buy, also buy those with higher margin and still able to generate consistent high profit for the recent quarters lah. Haha. You and I know which is that in SGX lah. Cheers.

 

Lol whoever said buy TG at this point of time sure have agenda. Compare across all Malaysia and Singapore glove maker can tell TG is one of those suffered the most drop in revenue and margin. It?s probably trade at a price very close to its intrinsic value now. If want to buy, also buy those with higher margin and still able to generate consistent high profit for the recent quarters lah. Haha. You and I know which is that in SGX lah. Cheers.

 

Top glove 2022 1st qtr revenue suffer a massive drop compare to previous year. Things don't look good for TG. The current price maybe a bit oversold but I don't think it's that far off from the actual evaluation.

TradeExpert      ( Date: 07-Jun-2022 19:16) Posted: Agree. Oversold counter. Look at the fundamentals and global situation. Time for it to rebound and move up aggressively. EPF sold a large percentage and it will be their loss.  I will think it will hit 0.45 to 0.48 first to find support before cheong to $1   Abe2021      ( Date: 07-Jun-2022 10:49) Posted: This counter got potential. Maybe slowly collect some. Yeah same hold for short term, This counter is very much speculated just like RS We are going to live with more and more virus and many unknown so the demand will be there

 

Agree. Oversold counter. Look at the fundamentals and global situation. Time for it to rebound and move up aggressively.
EPF sold a large percentage and it will be their loss. 

I will think it will hit 0.45 to 0.48 first to find support before cheong to $1
 

Abe2021      ( Date: 07-Jun-2022 10:49) Posted: This counter got potential. Maybe slowly collect some. Yeah same hold for short term, This counter is very much speculated just like RS We are going to live with more and more virus and many unknown so the demand will be there

 

who want to buy?
 

Sgvale      ( Date: 07-Jun-2022 11:08) Posted: Undervalued.Oversold.

 

Undervalued.Oversold.

 

This counter got potential. Maybe slowly collect some.
Yeah same hold for short term, This counter is very much speculated just like RS
We are going to live with more and more virus and many unknown so the demand will be there

 

what' s the logic of buying?

Gonna be honest, i am holding on short for this.

 

Abe2021      ( Date: 04-Jun-2022 13:23) Posted: Watching if it has bottom or not before entering. July is not too far away.