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 Top Glove 7113, High speed growth

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nexona88
post Dec 19 2016, 05:14 PM

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TP RM4.90, SELL
http://cdn1.i3investor.com/my/files/dfgs88...--270385065.pdf
nexona88
post Jan 6 2017, 04:37 PM

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TP RM5.49, HOLD

http://cdn1.i3investor.com/my/files/dfgs88...0-291421494.pdf
nexona88
post Sep 17 2020, 06:23 PM

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thanks for the previous $$$ rclxm9.gif drool.gif

QUOTE
Top Glove Corp Bhd is targeting for a listing on the Hong Kong stock exchange by next year.

Its chairman Tan Sri Lim Wee Chai said that the group is currently talking to bankers for the potential initial public offering (IPO) of Top Glove for the third time after Bursa Malaysia and Singapore.

Lim pointed out that the listing in Hong Kong is to expand the company presence and be more visible to the global market.


This post has been edited by nexona88: Sep 17 2020, 06:24 PM
nexona88
post Sep 7 2021, 08:15 PM

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China Super power is gonna havoc the market....
Good luck our local Glove Producers....

Whenever they comes...
Cost structures, selling pricing & production scale always we lose out ..
nexona88
post Jul 22 2022, 07:49 PM

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QUOTE(nihility @ Jun 21 2022, 08:26 PM)
Hartalega bought land for expansion from the unusual profits but Top Glove bought back shares using the unusual profits. 2 differrent mentality.
*
TG is your typical cinaman mentality....
Everything is counted....
Cheap foreign labor to the maximum.... Even during the so-called lowdown period and during workers getting COVID-19... Work as usual...
nexona88
post Dec 14 2022, 10:33 PM

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Gloves sector cannot already...

All greedy go expend production capacity....
Then how no oversupply....

China also coming on board with their super low cost (don't know how they managed to do that).... And selling price also lower....
nexona88
post Dec 15 2022, 10:47 AM

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QUOTE(icemanfx @ Dec 15 2022, 03:44 AM)
Most glove production lines came from PRC.

PRC provincial gomem is very supportive of glove industry and cheaper energy cost.

PRC big players ventured into upstream e.g nbr production.
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Suspect that too...
Without gomen intervention.... Don't think can sustain & survive....
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˜‚
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‘
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Suddenly they getting the new wave...
Thanks to their zero COVID policies...
Late by 2 years...
Others countries already passed that phase 😝


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
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Endless this COVID-19
Keep getting active only

More $$$ for gloves & vaccine manufacturers πŸ˜‰
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
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Yes.
And some do have facility there too..
And around SEA countries...
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...
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˜‚
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Huhuh...
Others medical stuff manufacturer too...
PPE, COVID test kits etc.
All getting more orders... More $$$ for them all...
nexona88
post Jan 1 2023, 10:43 AM

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QUOTE(icemanfx @ Jan 1 2023, 10:03 AM)
These gloves were buried with packaging.

Buying up small players was how tg grew.
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Small players exit or being taken over because they cannot have low cost production & also to take profit after years in business....
nexona88
post Jan 1 2023, 01:22 PM

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QUOTE(icemanfx @ Jan 1 2023, 11:28 AM)
Tg is known to undercut small players on purpose to push them to fold before offer to buy at low price.
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U mean selling prices??
Then yes... Because economy of scale... Production cost is lower...
nexona88
post Jan 1 2023, 01:23 PM

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QUOTE(xander2k8 @ Jan 1 2023, 10:56 AM)
In essence economies of scale

Scalability is needed especially in low margin and price of goods
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The bigger the better....

Smaller players cannot really survive long term...
nexona88
post Feb 26 2023, 08:31 PM

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QUOTE(icemanfx @ Feb 26 2023, 11:17 AM)
Malaysia’s rubber glove manufacturers must now submit comprehensive audit reports clearing them of forced labour practices before they can sell to the UK’s National Health Service (NHS).

https://www.malaysiakini.com/news/656487

chicken is coming home to roost
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Good luck 🀞

Especially for TG πŸ˜œπŸ˜‚

During MCO...
Can see how they do the business...
Typical...
nexona88
post Feb 26 2023, 08:53 PM

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QUOTE(kelvinfixx @ Feb 26 2023, 08:35 PM)
TG complied
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Oh really...

Seriously... With all the issues highlighted previously...

Good then πŸ‘Œ
nexona88
post Apr 4 2023, 07:52 PM

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Seems like there's fire in TG factory in Negeri Sembilan...

There's many rumors going on...

Especially sabotage attempt by those "abused" foreign workers.....

Anyway...
Not really effect on TG...
1% only overall ☺️
nexona88
post Jun 14 2023, 08:15 PM

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QUOTE(nihility @ Jun 14 2023, 05:48 PM)
I'll believe more on the attempt to claim fire insurance story instead of sabotage by workers. Fire insurance card very famous during hard time.
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Probably πŸ§πŸ€”

Old school style....
Burn down to claim insurance 😁

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