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 Top Glove 7113, High speed growth

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xander2k8
post Dec 17 2022, 03:43 AM

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QUOTE(icemanfx @ Dec 16 2022, 11:19 PM)
If maluhsia cost is cheaper than PRC, FDI would have invested here rather than in PRC, vn and th. Why nitrile and rubber glove from PRC could be cheaper?

Most PRC companies come here to avoid u.s and e.u tariff.

When crypto was legal in PRC, they had the most crypto mining. If electricity is cheaper in this country, why few crypto mining here?
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Forgotten about most China companies abroad it is due to avoid tariff and also 3rd way to avoid either sanctions or tariff being imposed on them if they keep operating in China

Don’t forget if electricity is cheap in Malaysia why on earth many illegal operators are stealing electricity for free from TNB πŸ€¦β€β™€οΈ
xander2k8
post Dec 27 2022, 06:00 PM

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QUOTE(Peenix99 @ Dec 27 2022, 02:07 PM)
Once china joins the gloves fray it's GGwp for topglov hodlers.
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Not so soon as China is battling a Covid surge now πŸ€¦β€β™€οΈ

Will only happens once Covid is gone for good and no other new viruses around for a good 5 yr period
nexona88
post Dec 27 2022, 08:31 PM

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QUOTE(Peenix99 @ Dec 27 2022, 02:07 PM)
Once china joins the gloves fray it's GGwp for topglov hodlers.
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Keep Lock down... Like sissy....
How to join & flood the market with gloves πŸ˜‚
xander2k8
post Dec 28 2022, 03:29 AM

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QUOTE(nexona88 @ Dec 27 2022, 08:31 PM)
Keep Lock down... Like sissy....
How to join & flood the market with gloves πŸ˜‚
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Now the whole world scared of them once they open their borders πŸ€¦β€β™€οΈ

Every country now will starting testing China citizens abroad πŸ‘
nexona88
post Dec 28 2022, 10:34 AM

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QUOTE(xander2k8 @ Dec 28 2022, 03:29 AM)
Now the whole world scared of them once they open their borders πŸ€¦β€β™€οΈ

Every country now will starting testing China citizens abroad πŸ‘
*
Suddenly they getting the new wave...
Thanks to their zero COVID policies...
Late by 2 years...
Others countries already passed that phase 😝


xander2k8
post Dec 28 2022, 03:10 PM

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QUOTE(nexona88 @ Dec 28 2022, 10:34 AM)
Suddenly they getting the new wave...
Thanks to their zero COVID policies...
Late by 2 years...
Others countries already passed that phase 😝
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Confirmed got new waves wait for new mutations πŸ€¦β€β™€οΈ

Japan should be worried now
nexona88
post Dec 28 2022, 08:55 PM

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QUOTE(xander2k8 @ Dec 28 2022, 03:10 PM)
Confirmed got new waves wait for new mutations πŸ€¦β€β™€οΈ

Japan should be worried now
*
Endless this COVID-19
Keep getting active only

More $$$ for gloves & vaccine manufacturers πŸ˜‰
bcombat
post Dec 28 2022, 09:59 PM

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Does Malaysian glove manufacturer export to China? Understand China have their own glove factories
thkent91
post Dec 28 2022, 11:15 PM

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QUOTE(bcombat @ Dec 28 2022, 09:59 PM)
Does Malaysian glove manufacturer export to China? Understand China have their own glove factories
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Topglove has factories in China.

Based on previous reports, some of manufacturers in Malaysia does export to china.
nexona88
post Dec 29 2022, 12:06 AM

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QUOTE(bcombat @ Dec 28 2022, 09:59 PM)
Does Malaysian glove manufacturer export to China? Understand China have their own glove factories
*
Yes.
And some do have facility there too..
And around SEA countries...
xander2k8
post Dec 29 2022, 06:31 AM

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QUOTE(nexona88 @ Dec 28 2022, 08:55 PM)
Endless this COVID-19
Keep getting active only

More $$$ for gloves & vaccine manufacturers πŸ˜‰
*
Top Glove smiling now πŸ˜‚


QUOTE(bcombat @ Dec 28 2022, 09:59 PM)
Does Malaysian glove manufacturer export to China? Understand China have their own glove factories
*
Yes they do have export to China albeit smaller quantities as compared to EU and US as their main markets
nexona88
post Dec 29 2022, 10:50 AM

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The manufacturer of glove can be happy little...
Increase income after the losses...
xander2k8
post Dec 29 2022, 02:57 PM

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QUOTE(nexona88 @ Dec 29 2022, 10:50 AM)
The manufacturer of glove can be happy little...
Increase income after the losses...
*
As long as there are mass testing going on they will be very happy πŸ˜‚
nexona88
post Dec 29 2022, 08:15 PM

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QUOTE(xander2k8 @ Dec 29 2022, 02:57 PM)
As long as there are mass testing going on they will be very happy πŸ˜‚
*
Huhuh...
Others medical stuff manufacturer too...
PPE, COVID test kits etc.
All getting more orders... More $$$ for them all...
icemanfx
post Jan 1 2023, 12:04 AM

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Over 10 years ago, a batch of rejected gloves were disposed off by burying. during covid19 pandemic, this batch of gloves were dug out, washed and sold. the vendor made over rm 1m from this deal!

bcombat
post Jan 1 2023, 06:13 AM

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buying Chinese glove/ pharmaceuticals companies listed in China stock exchange will be more relevant to the current covid situation in china


xander2k8
post Jan 1 2023, 06:53 AM

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QUOTE(icemanfx @ Jan 1 2023, 12:04 AM)
Over 10 years ago, a batch of rejected gloves were disposed off by burying. during covid19 pandemic, this batch of gloves were dug out, washed and sold. the vendor made over rm 1m from this deal!
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Would it be degrade and have holes in the gloves πŸ€¦β€β™€οΈ

QUOTE(bcombat @ Jan 1 2023, 06:13 AM)
buying Chinese glove/ pharmaceuticals companies listed in China stock exchange will be more relevant to the current covid situation in china
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Buying Chinese Pharma is a suicide move πŸ€¦β€β™€οΈ

As you can see Chinese wants western medicine judging how much panic buying of fever medicines outside of China and sending it back to the motherland
icemanfx
post Jan 1 2023, 07:20 AM

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QUOTE(xander2k8 @ Jan 1 2023, 06:53 AM)
Would it be degrade and have holes in the gloves πŸ€¦β€β™€οΈ
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No, it was not degraded. After washing, those in the trade couldn't tell the difference.

Recent rise in demand is not expected to last. It seems about 1/3 of production lines will likely redundant.

This post has been edited by icemanfx: Jan 1 2023, 07:24 AM
xander2k8
post Jan 1 2023, 08:52 AM

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QUOTE(icemanfx @ Jan 1 2023, 07:20 AM)
No, it was not degraded. After washing, those in the trade couldn't tell the difference.

Recent rise in demand is not expected to last. It seems about 1/3 of production lines will likely redundant.
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The decomposition is very low then πŸ‘ until no visible marks on it

If you noticed smaller players are being bought by TG we know that it is oversupply and redundant

MahSing was a good example
icemanfx
post Jan 1 2023, 10:03 AM

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QUOTE(xander2k8 @ Jan 1 2023, 08:52 AM)
The decomposition is very low then πŸ‘ until no visible marks on it

If you noticed smaller players are being bought by TG we know that it is oversupply and redundant

MahSing was a good example
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These gloves were buried with packaging.

Buying up small players was how tg grew.

This post has been edited by icemanfx: Jan 1 2023, 10:12 AM

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