KLSE: TOPGLOV (7113)       TOP GLOVE CORP BHD MAIN : Health Care
Last Price Today's Change   Day's Range   Trading Volume
5.29   -0.01 (0.19%)  5.26 - 5.45  13,208,800
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Market Cap: 13,547 Million
NOSH: 2,561 Million
Avg Volume (4 weeks):17,126,978
4 Weeks Range:5.26 - 6.10
4 Weeks Price Volatility (%):
52 Weeks Range:4.21 - 6.10
52 Weeks Price Volatility (%):
Average Price Target: 4.91
Price Target Upside/Downside: -0.38

Financial Highlight

Latest Quarter | Ann. Date 30-Nov-2019 [#1]  |  17-Dec-2019
Next QR | Est. Ann. Date: 29-Feb-2020  |  22-Mar-2020
T4Q P/E | EY: 36.42  |  2.75%
T4Q DY | Payout %: 1.42%  |  51.58%
T4Q NAPS | P/NAPS: 1.0077  |  5.25
T4Q NP Margin | ROE: 7.87%  |  14.41%


Date Subject
18-Feb-2020 下跌股:顶级手套RM5.50支撑
14-Feb-2020 Top Glove: Demand Remains Strong
11-Feb-2020 How To Avoid Stocks Like AirAsia Group Bhd By Watching 5 Key Management Red Flags - FIRE 2030
08-Feb-2020 【行家论股/视频】顶级手套 肺炎带动手套需求
07-Feb-2020 Rubber Gloves - Demand Surge To Amplify Earnings
07-Feb-2020 Top Glove - Seeing Initial Signs of Demand Picking Up
06-Feb-2020 中港台需求激增·顶级手套产能受考验
06-Feb-2020 World’s biggest glove-maker rallies with deadly virus spreading
06-Feb-2020 14 things to know about Top Glove before you invest - Shak Chee Hoi
04-Feb-2020 Positive on Malaysia Rubber Glove Sector: TOPG and HART
31-Jan-2020 Stock on Radar - Top Glove Corporation (7113)
30-Jan-2020 [转贴] 加速生产应对订单暴增 顶级手套销量看涨25%
30-Jan-2020 大马公司TOP GLOVE·捐赠手套给湖北医院
29-Jan-2020 Rubber Gloves – Malaysia - New Coronavirus Sparks Loftier But Justified Valuations
29-Jan-2020 上升股:顶级手套阻力RM6.46
22-Jan-2020 Rubber Products (OVERWEIGHT, Maintain) - Outbreak Could Drive Prices Higher
22-Jan-2020 Malaysia Gloves Sector - High Possibility of Pandemic Outbreak
22-Jan-2020 Top Glove and Supermax: Potential Beneficiaries Amid Coronavirus Outbreak
22-Jan-2020 上升股:顶级手套阻力RM5.43

Business Background

Top Glove Corp Bhd manufactures and sells gloves through several product lines to a diverse group of global customers. Some of the different glove options include latex, nitrile, vinyl, and surgical. Top Glove’s products are utilized in an array of end markets such as aerospace, food, beauty, medical, and home care. Traditionally, the company has derived over half of its sales from its nitrile and powdered latex product lines, with customers in North America and Europe generating the most demand. Products like the powdered latex gloves are built to meet various quality standards and provide comfort, protection, and other functionalities.
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  13 people like this.
rayloo Extract:

How is the warrant’s settlement price determined?

Single stock warrants: for warrants over shares, the settlement price of a warrant is calculated by using the average closing price of the shares for the five (5) Market Days prior to the expiry date.
21/02/2020 2:26 PM
rayloo I been accumulating Top Glove stocks, but this time I miss the warrant part.
21/02/2020 2:31 PM
Up_down Closing Price: The VWAP of TOPGLOV Shares (subject to any adjustment as may be necessary to reflect any capitalisation, rights issue, distribution or others) for the 5 Market Days prior to and including the Market Day immediately before the Expiry Date.
21/02/2020 2:57 PM
rayloo Means what ?
21/02/2020 3:01 PM
rayloo Closing Price : The average daily VWAP of TOPGLOV Shares (subject to any adjustment as
may be necessary to reflect any capitalisation, rights issue, distribution or others)
for five (5) Market Days prior to and including the Market Day immediately before
the Expiry Date

The key part is ""average daily"
21/02/2020 3:04 PM
rayloo For CW-55

Cash settlement only
The TOPGLOV CW gives the Holder the right to receive from CIMB Bank within 7
market days from the Expiry Date, the Cash Settlement Amount, which shall be
calculated as set out below
21/02/2020 3:08 PM
no buy no feel i will tank 5.3
21/02/2020 4:25 PM
rayloo You start pick up at 5.3 ? So fast ?
21/02/2020 4:31 PM
Up_down It seems like IBs are working so hard to churn out volume pressing the price down further. Wait for them to close the gap-up 5.1 next week.
21/02/2020 4:55 PM
rayloo I will start picking from RM4.8, batch by batch
21/02/2020 5:00 PM
rayloo Really is a doji ending.....
21/02/2020 5:01 PM
rayloo Expect EPF more accumulation announcement
21/02/2020 5:04 PM
Dave Jet Very unlikely to hit RM 4 .80 average last 5 days.
21/02/2020 5:43 PM
pang72 Disappointed!
21/02/2020 5:45 PM
rayloo After today, I have started to have doubt of everything.
21/02/2020 5:59 PM
messi88 Wow so darkness. Whatever u all said is proving correct
21/02/2020 6:03 PM
Dave Jet So be calm,dun panic sell. Just waiting share price up3 after coming quarter report release on March.
21/02/2020 6:12 PM
no buy no feel can IB press it further ? other glove ady stabilise , kossan has good QR
21/02/2020 6:12 PM
Dave Jet Dun be too naive, too innocent..
21/02/2020 6:15 PM
rayloo IB only press TG and Supermx so far, supermx has no more CW expiring in Feb. So it is safe.

As for others, I suppose is from panic sales.
21/02/2020 6:33 PM
Up_down Hold for upcoming QR announcement in mid Mar 20, mid Jun 20 & mid Sep 20....not for the next 5 few days. lol
21/02/2020 6:37 PM
rayloo IBs teach us golden cross share price up, death cross share price down. As a matter of fact, they are traning us to be raw meat to feed the sharks.
21/02/2020 6:38 PM
rayloo TG long term is very good, is correct to hold. The investment fund is to be spent, if to wair for 5 days the same amount of fund would return few more TG share, why not.
21/02/2020 6:59 PM
fightingdragons All the info about CW expiry dates and exercise price --- is that public info that one can research for (in future) or was it only released to public to scare more people into selling? Just thinking for future investment, how to anticipate these CW etc and where to research these info.
21/02/2020 7:15 PM
fightingdragons Also, any CW in March/April/May.........? :D
21/02/2020 7:15 PM
Trouble Huat topglove no show liao lo, aim other related for stimulus next week
21/02/2020 8:57 PM
pang72 Trouble to huat...

Yes! Another cut lose stock... By troble to Huat
21/02/2020 11:33 PM


22/02/2020 9:16 AM
selvanf1 South Korea cases spike: Cases have soared from 28 a week ago to at least 204. The latest cases are mainly centered around a religious group in the southern city of Daegu
22/02/2020 9:41 AM
selvanf1 https://www.who.int/docs/default-source/coronaviruse/situation-reports/20200221-sitrep-32-covid-19.pdf?sfvrsn=4802d089_2
22/02/2020 9:42 AM
selvanf1 34 people have tested positive for coronavirus in the US
22/02/2020 9:44 AM
Trouble Huat rouble to huat...

Yes! Another cut lose stock... By troble to Huat

i earn from idss oh. hw to cut lose if no up. haha
22/02/2020 10:26 AM
Joon Chan https://www.thestar.com.my/news/nation/2020/02/22/epf-declares-545-dividend-rate-5-for-syariah

EPF dividend is out.

Assume IB are in cahoots. EPF won't buy, what they have massively sold.
They'll let them press down the price,

Then they'll buy their way back up.

You all know behind every call warrant, the hedge is either the underlying share, or a put warrant. Guess who buys the put warrant? =D
22/02/2020 1:24 PM
rayloo Not sure if this is worth to consider, the pattern ended last friday was not a doji but an inverted hammer, implying possible change of direction. If monday opens and closes higher than Friday price, the direction is confirm..

Technical is all about probability. Perhaps IBs purposely drew that to lure technical devotees....

Or IBs no bulets and gives up...ha ha
22/02/2020 4:49 PM
michaelgohmox Monday likely will go up given the spread of Wuhan virus
22/02/2020 5:38 PM
sammofee i have to agree with rayloo. If closing higher on monday the direstion is confirmed.
22/02/2020 8:01 PM
Joon Chan It's easy and not expensive to push the price down.

End of the day they sell a big batch super fast to bring the price down quickly, by clearing a small Q of bids.

Then say it reaches 5.0, then Left Hand of Bank will fill up buys, 4.99,5.0
and right hand will fill up sells at 5.01,5.02. And it'll be like for 40,000 lots. How u gonna change the price?

and they will bounce 1 lot between each other at rocket speed. Generating volume, locking in the VWAP for the day, and ensuring you Q forever.
22/02/2020 8:08 PM
pang72 ...... 5.00 coming..

Many trouble to huat!!
22/02/2020 8:16 PM
rayloo C58 just expired on 20/2/20 with exercise price RM5.5, average 5 days RM5.58....

Next week 3 CWs RM4.5, RM4.68 and RM4.88
22/02/2020 8:24 PM
rayloo Joon Chan thanks for the input
22/02/2020 8:26 PM
rayloo But IBs cannot keep pressing forever ? From now on almost every month has 1 CW to exercise ranging RM4.5 to RM5.18. Only Dec has above RM6.

Or they press because this Feb alone has 4 CWs to exercise ?
22/02/2020 8:41 PM
Joon Chan no la, they buy enough at the low price to cover their exposure laa...
22/02/2020 9:05 PM
Joon Chan and then jack up the other warrants, so the premium is stupid high. suddenly market maker also very dry..
22/02/2020 9:08 PM
rayloo So, they always win..and yet pay us 5.4% only ?
22/02/2020 9:18 PM
Susan13 topglov 23/2/2020 chart wise a fake rebound earlier , if day's low 5.260 break , 5.120 area is the next support follow by 5.040

Join us at telegram Newbie Trading Channel & fb for more stock review and discover
potential stock tgt!
23/02/2020 8:52 AM
icon123 Pharmaniaga experiencing a surge in demand for PPE like glove, mask as well flu vaccine/ medicine.

23/02/2020 10:34 AM
SilvaMS Every one eager to invest at gloves company..but the quetion is for how long????.let says thanks God the cure were found..and or one of the investor dump all the share...like he dump all the shares in gloves company in 2003??....the one guy investor i am talking about is the old multi millionare mr koon..so top gloves will go down back at the original price around rm4.28 to rm4.40

Just think does we use gloves at all the time or not?? 

My idea of investment..juzt look around u..people hv to eat right ? 

Sooooo Investor....

Better bought some of LHi..futhermoreI..singapore shortage of resource..so did vietnam and china..so come on..while LHi..price cheap juzt 74sen to resist..revenue of business doing RM Billion..corona or what so ever..people continue to eat..even thou recession..people are buying eggs......juzt my 2 cent idea ..
23/02/2020 4:12 PM
mf http://www.astroawani.com/berita-politik/apa-maksud-5-mesyuarat-politik-diadakan-serentak-hari-ini-231458
23/02/2020 4:15 PM
Abdul Samad Abdul Rahman new gov without DAP
23/02/2020 4:22 PM
jiunn +++BREAKING NEWS!!!!

23/02/2020 6:36 PM


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