The market saying TG's expansion plan have been KIV recently due to the China competition, anyone can verify the hear say?
Top Glove 7113, High speed growth
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 Sep 22 2021, 05:30 PM
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#1
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1,595 posts Joined: Sep 2021  
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Jun 21 2022, 08:26 PM
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#2
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Hartalega bought land for expansion from the unusual profits but Top Glove bought back shares using the unusual profits. 2 differrent mentality.
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Jul 22 2022, 08:04 PM
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#3
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QUOTE(Boon3 @ Jul 22 2022, 06:48 PM) And this is what the comparison chart from Yahoo finance is saying.... Apparently I agree with this opinion. It is still not the time to be in this sector, they are fighting to kill each others to survive in the market at the moment.the red area is TG... the purple line is Harta...  the numbers on the bottom right says it all.... Yes.... TG was absolutely nonsense.... at the peak, the boss was way too engrossed in the stock market... some days the share buybacks totaled as much as 100 million ringgit per day... and then his family was buying shares of TG... Tropicana (he was the chairman then) was also buying TG shares....  and at that time....COVID was really scary... and then... didn't it happen when TG was caught up with the USCBP ban of TG products? And then his factory workers were badly hit with COVID too...... and the boss was so active in the stock market.....  Yea... Harta better managed but........................ does it really matter?  |
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Oct 19 2022, 11:22 PM
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#4
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Retrenchment & salary cut by 20% is in the line for Top Glove work force.
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Oct 20 2022, 09:05 AM
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#5
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QUOTE(bcombat @ Oct 20 2022, 02:52 AM) serious? Yes. Some staffs already start leaving. |
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Jun 14 2023, 05:48 PM
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#6
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QUOTE(nexona88 @ Apr 4 2023, 07:52 PM) Seems like there's fire in TG factory in Negeri Sembilan... 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.There's many rumors going on... Especially sabotage attempt by those "abused" foreign workers..... Anyway... Not really effect on TG... 1% only overall ☺️ |
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Jun 14 2023, 05:53 PM
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#7
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After the activist by Andy Hall, now the foreign workers are getting the modern hostel which looks like condo. Don't play-play.   Images taken from Jln Meru, Klang. nexona88 liked this post
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Jun 20 2023, 08:42 AM
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#8
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QUOTE(xander2k8 @ Jun 18 2023, 06:24 PM) Unlikely TG will diversified because they know gloves better 🤦♀️ they tried to do property after Covid but now up in the air due to oversupply and massive overhang for high rises market No wonder la Tan Sri become one of the director for Tapiocana Bhd & uses the Tapiocana Bhd fund to fry his own company shares. |
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