Highlights
KLSE: TOPGLOV (7113)       TOP GLOVE CORP BHD MAIN : Health Care
Last Price Today's Change   Day's Range   Trading Volume
23.16   -0.84 (3.50%)  20.50 - 25.16  38,791,700
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Overview

Market Cap: 62,481 Million
NOSH: 2,698 Million
Avg Volume (4 weeks):23,158,619
4 Weeks Range:14.02 - 25.16
4 Weeks Price Volatility (%):
82.05%
52 Weeks Range:4.21 - 25.16
52 Weeks Price Volatility (%):
90.45%
Average Price Target: 15.54
Price Target Upside/Downside: -7.62

Financial Highlight

Latest Quarter | Ann. Date 31-May-2020 [#3]  |  11-Jun-2020
Next QR | Est. Ann. Date: 31-Aug-2020  |  26-Sep-2020
T4Q P/E | EY: 95.38  |  1.05%
T4Q DY | Payout %: 0.57%  |  54.72%
T4Q NAPS | P/NAPS: 1.2242  |  18.92
T4Q NP Margin | ROE: 12.37%  |  19.83%

Headlines

Date Subject
14-Jul-2020 顶级手套产品售价·8月料涨30%
14-Jul-2020 The Topglove stampede of July 14, 2020
14-Jul-2020 RHB raised TOPGLOV target price to RM28.88
14-Jul-2020 TA raised TOPGLOV target price to RM31.66
14-Jul-2020 Mplus Market Pulse - 14 Jul 2020
14-Jul-2020 热门股:顶级手套 上挑RM26.08
14-Jul-2020 Topglove shares are high, shoud I enter?
13-Jul-2020 Glove stocks expansion plan for Kossan, Hartalega, Top Glove and Supermax as at 12 Jul 2020
13-Jul-2020 Top Glove eyes expansion through organic growth and M&A
13-Jul-2020 Top Glove Corporation - Supercharged ASP Rises Again
13-Jul-2020 Stocks on Radar- Top Glove Corporation (7113)
13-Jul-2020 Kenanga raised TOPGLOV target price to RM32
12-Jul-2020 TOPGLOV Tan Sri Lim: Glove shortage will worsen if freeze on foreign workers continues
10-Jul-2020 Tan Sri Lim tells CNA's Melissa Goh that 2020 is going to be a record year for TOPGLOV
09-Jul-2020 Top Glove - targets USD$35 Billion Sales (Grow More than 30 Times from NOW)
08-Jul-2020 Rubber Gloves- Quantum Earnings Leap, Multi-year Re-rating
07-Jul-2020 CLSA: GLOVE supply shortage forecasted throughout the next 3 years. TOPGLOV (RM28) HARTA (RM20) KOSSAN (RM13)
07-Jul-2020 Malaysia Rubber Gloves – 2nd Wave Is Coming; Get Ready for the Ride
07-Jul-2020 Look at Tan Sri Lim's hand sign. TOPGLOV RM30?
07-Jul-2020 RHB raised TOPGLOV target price to RM24.80

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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  21 people like this.
 
CaptainTsubasa Anyone look at the chart & notice hanging man? Sign of downtrend? Same goes to Supermax & Harta
14/07/2020 7:45 PM
Hanlibubu Rebound for sure tomorrow
Don’t worry
14/07/2020 7:46 PM
pete11 With unitedstates shutting down due to covid , their scream for more PPE, and record high cases in many countries, it can only mean gloves are mandatory to rise
14/07/2020 7:47 PM
yttihs Look at it until QR lar. Unless you play contra or margin. Now just wait for the steak to slowly cook...medium rare...yummy..with a nice cup of shiraz...wahhh
14/07/2020 7:52 PM
skyjy100 the sharp fall most likely was due to some IB taking profit and it causes some people to panic sell. We saw a rebound afterward, it could also means that the IB saw a panic selling and they buy back to hold the position. This should be a normal profit taking procedure and it should be back to normal and still with space to rise.

I am not promoting a buy or sell call here.
14/07/2020 8:04 PM
stevenckheng lol

IB also can panic ?
14/07/2020 8:13 PM
Sashay88 haiyahh ! Potong stim
14/07/2020 8:15 PM
yttihs IB war - you sell I buy. You sell some more I buy some more.
One IB eat the other IB.
T-rex eat velociraptor...lol
14/07/2020 8:21 PM
yttihs If you go amazon and check nitrile gloves 1000 pieces/count...they are priced around USD90-USD120. Topglov +30% ASP spot price USD28-USD30 will make sense. You will also noticed alot of gloves states "Currently unavailable". That means shortage of gloves also make sense.

So, do OUTPERFORM make sense to you?
14/07/2020 8:27 PM
Heavenexile Khatulistiwa1234 don’t be too dramatic la. Just chill and count your ringgit la. You start talking like you missed your medication will make other people nervous one you know
14/07/2020 8:29 PM
SHQuah If gloves stocks crash, a lot of people die. Look what happened today, up & down do fast. Can't imagine limit down ?
14/07/2020 8:35 PM
Yu_and_Mee greedy44444, i also miss out the falling knife. I was waiting at limit down price to buy but it didn't drop to limit down just now.
14/07/2020 8:39 PM
OngKawKaw Strong reaction? Those who’s chase high no problem wat? Kontra kaki or genuine investor? Long rub sure rewarded wat?
14/07/2020 8:57 PM
lanikai Normal lah down a bit. Last month, peak at RM 18 and then drop to around RM 14+. I'm not surprised if this week or two weeks, it drop to RM 19+.

But then 1 or 2 weeks before QR, it will shoot up again to RM 30 haha.

Those who want to panic sell, go on, Im ready to collect at RM19 haha.
14/07/2020 9:08 PM
sharewiz118 u sell I buy, foundamental remain strong, corvid 19 remain haunting the world hence buy buy buy
14/07/2020 9:09 PM
meistsk3134 every scary and almost heart attack
14/07/2020 9:10 PM
spermx Khatus sounded like secretinvestor 8888... Hahahahahaha
14/07/2020 9:23 PM
bombominvest toopglove what happen! esok can continue?!
14/07/2020 9:25 PM
bombibistock wah bom! click in you can see Topglove tomorrow itu!
14/07/2020 9:25 PM
khatulistiwa1234 For me , thriller is my catalyst to bulk in even fierce , i sincere tell all , i gain a lot on this TOP GLOVE , panic is my advantage to gain more , today plunged time , i even grab more , 500 pieces , i talk contra also win , 20.80 .
14/07/2020 9:27 PM
jungleboy means tmrw and a few days ahead u all predicted will drop more after today huge drop and pullback?!
14/07/2020 9:40 PM
Yu_and_Mee https://www.orientaldaily.com.my/news/international/2020/07/14/351712?fbclid=IwAR02Ej7AQB6QAjCatNYRSdbXVOMmaQnmrOhiNIvbyPDpLVnPYv3kVtE3jfw
14/07/2020 9:41 PM
Yu_and_Mee pullback is healthy. we cannot always running without rest.
14/07/2020 9:42 PM
Yu_and_Mee i don't like to time when to pullback when to go up. as long as i have standby capital to buy when pullback to my desired price, i will buy. else just let it be.
14/07/2020 9:43 PM
Boon Keng Today V shape rebound. IB bought back many and shake out the weak holder
14/07/2020 9:44 PM
khatulistiwa1234 Terrifying prophecy! , tomorrow roller coaster up ward again , noon 4.00 , plunged again , test pile your stamina , this round 5.00 down , recovery steady to morning gap up , 27.00 finished trade , Mother shark want your soul out body , in body back on time also .
14/07/2020 9:53 PM
khatulistiwa1234 Easy talk , you never died twist in this counter , safe still .
14/07/2020 9:54 PM
khatulistiwa1234 US one day president seat is empty , the opportunities to hit even higher is there .
14/07/2020 9:55 PM
khatulistiwa1234 TRUMP sir make the world up side down , suspect DJI make record high again .
14/07/2020 9:56 PM
khatulistiwa1234 Mission impossible , all time possible
14/07/2020 9:56 PM
khatulistiwa1234 My appear , even bright this stock on spot , coz i am GAP UP poison TICKET in ore stock market
14/07/2020 9:58 PM
khatulistiwa1234 My platform is catalyst to PICK UP .
14/07/2020 9:59 PM
peter555 stay calm .. don't get washdown by panic selling

Glove V Shape Recovery
https://www.facebook.com/WealthArchitect2u/videos/719872952139549
14/07/2020 10:08 PM
bigprice Opportunity to buy.
14/07/2020 10:17 PM
simonlcy Tomorrow V shape recovery
14/07/2020 10:27 PM
bootroop https://www.klsescreener.com/v2/news/view/702037

30% increase in glove price...pheeeeeew..
14/07/2020 10:31 PM
ahbah Based on the exercise price and conversion ratio, the put warrants are pricing the mother shares at :

RM2 for Top Glove and

30 sen for Supermax.

“Investors will only make money if the underlying mother share drops below these two levels (assuming the investors hold onto the derivatives until the expiry dates).

Is that possible?” explained a warrant specialist.
14/07/2020 10:34 PM
CakapSohaiThings CakapSohaiThings I guess investment bankers made a fortune from this bull run. Banks QR will be better than expected.
14/07/2020 9:54 AM

https://www.cnbc.com/2020/07/14/jpmorgan-chase-jpm-earnings-q2-2020.html
This is what I am talking about, banks will be the ones benefiting the most in this bull run now.

Please push the price higher. Helping the banks indirectly helps the economy to recover faster
14/07/2020 10:59 PM
CakapSohaiThings Volatility is all the banks need to reap more earnings. Please continue trading this stock.

But please be cautious and use stop loss.
I dont want to see anyone jumping off buildings
14/07/2020 11:03 PM
Beltland Glove Bubbles !!! Distribution nearly completed, when burst ???
14/07/2020 11:05 PM
power88 Still can buy, 30 soon
14/07/2020 11:06 PM
pBlue Well guys, just remember this on Monday morning 13/7/2020, Topglove opened at RM22.50. Today, Tuesday, 14/7/2020, 5pm, Topglove closed at RM23.16. The last time TG closed in the red was last Tuesday 7/7/2020.

Might be a bit late, but don't jump simply because we experience one red day and we lost the growth of ~2 days. We are still 66sen higher than where we were at 9am Monday.


Posted by ahbah > Jul 14, 2020 10:34 PM | Report Abuse
[TG RM2] Is that possible?” explained a warrant specialist.

Only if Trump decided to attack China and pointed at Malaysia because his grade geography in school was 'F'. TopGlove lowest price was RM4.21, with terrible dividend of 7.5 sen for the entire year.
14/07/2020 11:07 PM
TomyamGong tomorrow continue fly high ! V shape formed !
14/07/2020 11:07 PM
CakapSohaiThings LOL dont worry about gamblers here. They trade with the prepared mindset to lose it all. Please dont discourage gamblers from trading this stock. We really need to keep (if increases even better) the volatility for the banks.
14/07/2020 11:07 PM
CakapSohaiThings To all gamblers here, please accept my sincerest gratitude. Without you, Malaysia economy recovery would be delayed.

THANK YOU :)
14/07/2020 11:10 PM
Beltland Be alert !!!!!!!!!!!!Buy in the morning,clear off noon. If vaccine success, at least three times limit down !!!!!! Glove Bubbles !!!!!!!!
14/07/2020 11:27 PM
williamtkb Before three times limit down need to hits above RM 33 first. This is my TP and lucky number. Once break Rm33 the value will be No 1
14/07/2020 11:31 PM
MariYahiMariYaho hahaha want buy low price ke, so tension call run, u will see
14/07/2020 11:40 PM
alice_83 dont let the shark scare you all away.TG have yet to start the real action yet....wait for the good news coming next week (if not delayed)..guarantee all will be happy to hear
15/07/2020 12:21 AM
Rakuten88 Hahaha vaccine my ass la... All this vacciners wanna buy low la.. Jangan harap la.. Usa also no vaccine shortage ppe
15/07/2020 12:33 AM


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