Ken's comment on TOPGLOV. All Comments

Ken
13 Like · Reply
All bad news already out. Later expect to rebound. See to believe
Vincent Seng Chung Liang
asp still falling. not all bad news r out.
1 Like · 3 years · translate
Eddy Khoo
asp dropping already priced in from 10 to 3.20. now poorer results to confirm what have been estimated back in Nov 2020, dropped to 2.95. all bad news out already, all TP hit already.
1 Like · 3 years · translate
lim jia zhen
Vincent, u think people don't know this?
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HIN LONG TIONG
Dropping is still in progress, no yet dip. Becare ful....
2 Like · 3 years · translate
Eddy Khoo
one more bad news, lowest dividends declared.
2 Like · 3 years · translate
Vincent Seng Chung Liang
and china captures more market shares than expected
1 Like · 3 years · translate
Hot Fire
Very familiar comment, "all bad news already out". Heard many times since months ago.
2 Like · 3 years · translate
Hong Ling
this pandemic has trigger worldwide businesses to start looking into this glove biz... i think over the next few years market share of malaysia glove maker will shrink and pretty sure by that time every glove maker will fell into price war in order to survive... that's the reason why people are shorting gloves counter... share price reflect whats coming up, not the history... Buy with cautious.
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3 Like · 3 years · translate
lim jia zhen
Best is dollar cost averaging if you trust the business
1 Like · 3 years · translate
HIN LONG TIONG
Hong ling opinion is very objective.
1 Like · 3 years · translate
HIN LONG TIONG
Be like Hong Ling....
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HIN LONG TIONG
Having glove factory in own country becomes more important as glove's supply is supreme to overcome any pandemic in future.
Like · 3 years · translate
HIN LONG TIONG
Dollar cost averaging, tell me more about that if you bought lot of shares at rm9, you averaged at RM7, RM5, RM 3 and if the price dipped to RM 2 and then it fluctuated around 2 and 3, would you think it works? With your dollar cost averaging...
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Like · 3 years · translate
HIN LONG TIONG
The worst is yet to come, who knows tg dips further to 1.5 or lower.... Haiz, only 光良的童话股市才符合。
1 Like · 3 years · translate
Eddy Khoo
They have been operating for more than 30 years and been going up n down and competition. In fact back in early 2000 there were so many consolidation and many small players closed biz due to price war. China no longer has the lower cost advantage as China no longer like 20 years ago. Their ppl has been earning higher wages and the standard of living is much higher now. you think still like Tong Shan meh? Malaysia is the cheaper country now lah.
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1 Like · 3 years · translate
KM
sale to usa etc will be there due to china vs others geopolitical trade wars.. however, how low the asp and the demand will be in the future. price today reflects optimum/optimistic figures... better be careful than sorry..
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HIN LONG TIONG
Sure boh, are you sure they earn higher? Ppl in factories?
1 Like · 3 years · translate
Lim Kok Hong
stupid2u no where to hide ready.
1 Like · 3 years · translate
Leon
lousy stock
Like · 3 years · translate
Eddy Khoo
you go and see that stats reports lah by those research company. average yearly earning for manufacturing in China is around 80k yuan. Malaysia average yearly earning is only around rm30k. that s y now those low end manufacturing is moving from China to Myanmar and Cambodia.
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Like · 3 years · translate
Eddy Khoo
Malaysia is the one that got stuck in low wages for decades. Not China.
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lim jia zhen
I start dollar cost averaging at 3.40..and who will actually dollar cost averaging at 9?
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Anthony Tan
Lol dun take risk on downtrend stock
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lim jia zhen
I feel comfortable at this price..and lastly, don't go all in into 1 stock
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David Lau
buy more and lose more.
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Eddy Khoo
Why Shorties not working today. sigh. I still can't get my 2.80
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vian wl
when shorties not working you should know there is resistance edi lo. they are the one with more pressure to do fast tradings.
Like · 3 years · translate
Soleh Ahmad
Normalised ASP, back to 80% - 100% workforce, CBP uplifted. Can see actual profit for next Q
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HIN LONG TIONG
Today doesnt work doesnt mean tomorrow doesnt too. Many ppl said before at 3.2, 3.5, 5, 9.... You ppl really funny
1 Like · 3 years · translate
Eddy Khoo
shorties should take this advantage to push down further. I m worry they are covering now.
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Eddy Khoo
Hin Long, stop mentioning rm9, that s old news already. already flushed inside toilet and recycled by Indah Water..now we are talking about rm4, rm3 and rm2
2 Like · 3 years · translate
vian wl
I suspect the buying crowd got they also lo. today Friday, they might continue until reaching the price that the entities richer than them think decent. or the price that they think it's no longer profitable for them to push lower.
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Like · 3 years · translate
Eddy Khoo
soleh Ahmad, what actual profit? now rm608 mil is profit lah. not fake one. hard cold cash in the bank.
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Soleh Ahmad
If can maintain 600m x 4 Q, with normalised PE 25 - 30. Share price is how mch? Please calculate
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HIN LONG TIONG
Ngaiti, according to what you made pe 25-30 this prediction? Pe 25-30 consider business with good future, growth stock. But top glove now is not considered growing, it is shrinking oh.
1 Like · 3 years · translate
Eddy Khoo
Soleh Ahmad, Harta boss said ASP only would normalize in q1 2022. now just q3 2021..yet to normalize. you may wanna reduce that to 400 million perhaps.
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HIN LONG TIONG
If underperformed stock we normally set pe 6-8, so, do the calculation.
Like · 3 years · translate
vian wl
my maths no good, what I know is precovid profit 100Mx4, price around RM4.2, which is about today's RM1.40. You all sifu2 calculate then let me know la ha, example scenario like 200M/quarter ; 300M/quarter ; 400M/quarter also can. the more complete the better :)
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Like · 3 years · translate
HIN LONG TIONG
If pe7, then 2.12 will be the real value of top glove. So we can wait for it. Be patient.
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Eddy Khoo
additional 4 billions cash, that would give another 50 sen per share. Hence 2.6-2.8 valuation as per JPMorgan. all this with no additional valuation on branding, expansion, automation, cost reduction, new viruses, new variants, etc lah.
1 Like · 3 years · translate
vian wl
eh sorry, I want promo price. Sifu 2 please delete the calculations xD
Like · 3 years · translate
Andrew Tan
why rebound? start pricing the next pandemic already?
1 Like · 3 years · translate