Outline ·
[ Standard ] ·
Linear+
Top Glove 7113, High speed growth
|
MedElite23
|
Feb 10 2021, 02:33 PM
|
|
QUOTE(icemanfx @ Feb 10 2021, 01:11 PM) Dividend payment is one off; share price may drop after priced in or ex-dividend. topg, supermax, etc should use extraordinary profit for investment in other industry for long term growth. For TG to venture into another industry is an outright dumb idea.
|
|
|
|
|
|
MedElite23
|
Feb 10 2021, 03:42 PM
|
|
QUOTE(icemanfx @ Feb 10 2021, 03:11 PM) That would depends on the top management. there are many plc e.g aagb badly affected by the pandemic which topg could pick up for a quarterly profit and these companies could generate income after pandemic and glove elevated asp has ended. When it could, doesn’t mean it should. TG is world-leader in the glove manufacturing industry, shareholders invest in TG for that sole reason, not for them to expand to an industry they have no expertise in. Glove demand continues to soar even AFTER pandemic ends, one will not be receptive to FACTS when the mind is closed.
|
|
|
|
|
|
MedElite23
|
Feb 10 2021, 04:12 PM
|
|
QUOTE(icemanfx @ Feb 10 2021, 04:01 PM) glove demand after pandemic ends may be higher than pre-pandemic level but price could be lower like face mask. with appropriate package, top management could be head hunted. buying into existing business with existing management is lower risks than start up. The idea is to expand the business of its own expertise and not venturing into the unknown, and not every business needs to be a conglomerate. In contrary to the herd mentality, the relation between glove demand and pandemic is irrelevant. Old dogs can’t be taught new tricks.
|
|
|
|
|
|
MedElite23
|
Feb 10 2021, 04:56 PM
|
|
QUOTE(Boon3 @ Feb 10 2021, 04:45 PM)  How did you rate Supermax and its 100 million investment into the contact lens business then?  Contact lenses segment is under healthcare industry, and Supermax has been in it all these while. Not jumping into an irrelevant industry like acquiring AAGB mentioned by icemanx. It’s stupid. This post has been edited by MedElite23: Feb 10 2021, 05:03 PM
|
|
|
|
|
|
MedElite23
|
Feb 10 2021, 05:14 PM
|
|
QUOTE(Boon3 @ Feb 10 2021, 05:08 PM) Well... I have 2 problems with it la. 1. Biggest one is ... all we ever hear is the contact lens business is expanding here and there... but till this very day, I've yet to see any P&L for that 100 million spent. 2. And the business was setup and managed by his daughter, who had just graduated. Yeah... father business what... but then... last I remember, this is a plc. Sadly... shareholder activisms is so pathetic .... no one complained. No one bothers that there is no segmental p&l spent on the contact lens business.... P/S.... just my usual grumbly self.... ... and just in case... I lupa.... have a good holiday and if you are celebrating.... yummm sing  You too Boon, Happy Chinese New Year. Hope you and family be blessed abundantly. Cheers! This post has been edited by MedElite23: Feb 10 2021, 05:14 PM
|
|
|
|
|
|
MedElite23
|
Feb 10 2021, 05:36 PM
|
|
QUOTE(icemanfx @ Feb 10 2021, 05:22 PM) For reasons, the herd is destined to end up in the slaughterhouse or over the cliff.
|
|
|
|
|
|
MedElite23
|
Feb 10 2021, 06:20 PM
|
|
QUOTE(icemanfx @ Feb 10 2021, 06:15 PM) indeed. we could revisit here after pandemic has ended and review topg business. It is natural for those non-vested to believe demand and asp will drop after pandemic. However, the reality will be different.
|
|
|
|
|
|
MedElite23
|
Feb 10 2021, 06:41 PM
|
|
QUOTE(icemanfx @ Feb 10 2021, 06:31 PM) Time will tell and won't need to wait long. If one understands how syndicate operates will think otherwise. Ps: only a donkey would think TG should acquire (bail out I mean) AA. This post has been edited by MedElite23: Feb 10 2021, 06:48 PM
|
|
|
|
|
|
MedElite23
|
Feb 10 2021, 07:15 PM
|
|
QUOTE(icemanfx @ Feb 10 2021, 06:57 PM) Most retailers have no idea they were syndicate's prey. A retailer trying to discern himself from other retailers, face thicker than wall.
|
|
|
|
|