do you guys intraday or swing?

do you guys intraday or swing?

do you guys intraday or swing?

nobody post about Top Glove's latest stellar QR?

Despite the oversupply situation, Top Glove remains confident that once customers’ stockpiles are depleted and glove restocking activity resumes, the market will stabilise and be better positioned to absorb the additional supply from new capacity. As the glove industry is estimated to be running at below 50% utilisation, glove supply is expected to reduce
accordingly. The Group anticipates that industry consolidation will follow, further reducing glove supply and paving the way for recovery.

Following the decline in ASPs, the Group has also written down its inventory value to net realisable value by RM56 million in 4QFY2022 and by RM229 million for FY2022.
Additionally, the Group saw an escalation in cost structure attributed to global supply chain disruptions. On the domestic front, it was impacted by approximately a 60% hike in natural gas tariff over the course of FY2022, as well as a 25% increase in the Malaysian minimum wage from RM1,200 to RM1,500 which took effect in May 2022. The escalating costs, which the Group is unable to pass on to customers amidst the ongoing oversupply situation, have impacted its bottom line.

from dreaming to take over Maybank as number 1 in bursa and to reporting losses. how quick and fast top glove rose and fell in the past 2 years lol. but glove lovers still hanging on despite all the many warning signs.

well, topglove can issue rights if they need the money. of cause, if one were to pick a glove counter to invest in the future, will you pick topglove as your first choice?

on the other hand, by the growth rate of maybank, sooner or later other company will overtake them as number 1.

The TG Chairman just added 1.3 million shares in yesterday's reporting.

The TG Chairman just added 1.3 million shares in yesterday's reporting.

He's just lousy with stocks. Wanna count his current losses from his own personal buying?

Boom bust cycle is quite usual for industrial sector, that time whole bunch of people keep arguing how glove has fundamentally change due to pandemic. In the end still same old same old.

Im looking to get some harta to capitalized on the usd strength.

use those money and build another glove plant also not that stupid

He's just lousy with stocks. Wanna count his current losses from his own personal buying?

Boom bust cycle is quite usual for industrial sector, that time whole bunch of people keep arguing how glove has fundamentally change due to pandemic. In the end still same old same old.

Im looking to get some harta to capitalized on the usd strength.

Buyback also over a billion.
With the money can go on a M&A strategy already.