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Overview
Financial Highlight
HeadlinesBusiness 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.
  Jonathan Keung Natural glove is cheaper & more widely used unlike surgical gloves. TG is the world number 1 producer . TG is a home grown producer { listed in 2001 ) and now operates in China, Thailand and other Asean countries 25/10/2019 12:58 PM lambsauce Top Glove at risk of being removed from KLCI — AllianceDBS they panic liao, pumping in so much today to keep its position 04/11/2019 2:12 PM mf https://www.theedgemarkets.com/article/top-glove-risk-being-removed-klci-%E2%80%94-alliancedbs#.Xb-2V1g-r-Q.facebook 04/11/2019 2:13 PM berry EPF keeps dumping until the share price dropped more than 25%, now only they realised that Topglov is at risk of being kicked out! Have fun, EPF! 04/11/2019 3:40 PM Jeffreyteck Despite weak ringgit, Sep exports fell. Tough challenge ahead for the country. 04/11/2019 10:51 PM  enigmatic ¯\_(ツ)_/¯ Kinda sad. Harta is taking flight while Top Glove is sinking. Still believe in management? Yes. Past financial records are a confidence booster when you start doubting. 05/11/2019 5:31 PM lambsauce Harta AMG is boosting them up too much, while topglove acquisition of this kantoi Aspion till now still got no significant n similar product to fight harta 06/11/2019 8:25 AM Plantermen Without prejudice to any party. Size and volume does matter. TG have ready already diversify into nitre gloves and other related products. Result will shown in the coming financial year. TG is the world's biggest glove manufacturer. TG apart from a contract ma ufacturer has started their own rand manufacturing where margin is higher 06/11/2019 9:01 AM kaleemtheman Top Glove Corp Bhd is at risk of being removed from the FBM KLCI if the rubber glove manufacturer's share price deteriorates further, AllianceDBS Research Sdn Bhd analyst Quah He Wei wrote in a note today. 06/11/2019 10:17 AM max8999 Act i not so understand, if pull out from KLCI Index, will affect top glove what? 06/11/2019 6:55 PM loonginv alamak, harta drop you follow drop, harta up why you didn't follow....aiyoyo.... 06/11/2019 7:37 PM RainT Problem is tooglove involve in world largest rubber glove manufacturer which is now trend not good Most people now want use nitrile instead of rubber glove So u can see nitrile glove margin is better 07/11/2019 12:03 AM Plantermen FBM 30. Top glove is now at 35 { from 6.00 drop to 4.00} FBM 30 have a list of 35 counters pu lished { certain conglomerate have 2 or 3 on the list} example Genting and GENM 08/11/2019 9:28 AM meistsk3134 topglov what happen? cannot search any news bout it. i see pmetal in top 20 whil topglov 35 almost delist 08/11/2019 10:08 PM enigmatic ¯\_(ツ)_/¯ Will TG drop further if it is ejected from FBM30? Any benefit from being amongst top 30? 11/11/2019 10:50 AM Jonathan Keung FBM 30 is based on top 30 market capitalisation { there are multiples group holdings on the FBM 30 list. Good example is Genting and GENM. effect is immaterial if TG provides good dividend and earnings stream 11/11/2019 2:44 PM enigmatic ¯\_(ツ)_/¯ @Jonathan Keung, My small concern is the exodus of foreign investors in the event TG is out of top 30. (time to accumulate more) So, from your reply, the answer seems to be no. Regardless, thank you for your reply. 13/11/2019 2:45 PM Plantermen Enigmatic : u need to look at TG biggest 30 shareholders. Mostly local funds inclusive of EPF who has been rebalancing the books with other Glic. Lim family also hold sustantial stakes. Some are park under nominess acc 13/11/2019 4:08 PM Plantermen Foreign funds are holding substantial stakes of our government MGS. Any sell down will hit our MYR directly( one of the reasons why our ringgit is depreciating n underporforming against other regional currencies Ed Thai baht, SGD, yuan not forgetting USD. 13/11/2019 4:12 PM stocksyndicate Buy more if TOPGLOV gets delete from FBM30. Any cheap sales is a good entry 13/11/2019 4:14 PM stocksyndicate I buy more Alliance bank when it was excluded from FBM30. The prices are already rebound. Good bargain 13/11/2019 4:16 PM Vkpgkl Top Glove was ranked 15th out of 44 healthcare companies placing it amongst the top 33 percent performers across all DJSI indices. Top Glove is the only Malaysian healthcare company included in the DJSI Emerging Markets, which comprises 98 companies from various industries and also one of only two Malaysian companies on the index. The DJSI Emerging Market Index tracks the sustainability performance of the top 10 percent of the largest Emerging Markets companies on the S&P Global Broad Market Index and serves as a key reference point for investors and companies alike. 14/11/2019 9:19 PM factslim1 Top Glove Corporation Bhd (Top Glove) is expected to record improvements in its performance starting from the fourth quarter of 2019 (4Q19) onwards. “We believe that Malaysian manufacturers will start gaining market share in the coming months as the 15 per cent tariff on Chinese gloves was implemented since September 2019. 19/11/2019 10:54 AM RainT any drop is a good chance to collect wait the exclusion from index another sell down 19/11/2019 3:01 PM RainT is not that LIM WEE CHAI decide want exclude from index or not is TOPGLOV market cap value if the share price continue to slide down & lim wee chai dont come to rescue the market cap will drop below threshold & replace by other higher market cap company doubt if lim wee chai have enough bullets to support the share price or not? dont think so he can 20/11/2019 11:04 AM Plantermen Ambank, Topglove, Airport & Qsr all rank between closely 32- 35. Capitalisation closely link { subject to their price closing. FBM 30 ranks the biggest 30 market cap. Certain Conglomerates have multiple listing. Eg Petronas, Petronas gas. GENTING and GENM etc 20/11/2019 2:20 PM Jonathan Keung FBM 30 is one of the market cap Indicator. We have FBM 70 and of courses the KLCi 100 20/11/2019 2:27 PM LouiseS In its 2019 annual report, Top Glove is declared as the world's largest manufacturer of gloves, which exports to 195 countries worldwide. Nitrile gloves generates the highest revenue (46%), followed by Latex powdered (21%), Latex powder-free (18%) and others (15%). Sales of nitrile gloves is on decreasing trend while sales of powdered and powder-free latex gloves are on decreasing trend. Top Glove currently owns 33 glove factories, 682 production lines and has production capacity of 64 billion pieces per annum. Expansion of production capacity in progress to reach at 38 factories, 876 production lines and 84.2 billion pieces per annum capacity by December 2020. Top Gloves' last five years earning per share is steady, ranging from 12 to 17sen. At current share price, P/E ratio is at relatively high level (31). High PE level may be due to support by investors who are confident of the future prospects of Top Glove, which likely to have increased earnings once factories expansion has been completed. https://louisesinvesting.blogspot.com/2019/11/comments-on-top-glove-corp-berhad-7113.html 20/11/2019 3:55 PM  |
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