Top Glove Corporation Bhd

SGX (SGD): Top Glove (BVA)

Last Price

0.405

Today's Change

-0.005 (1.219%)

Day's Change

0.405 - 0.41

Trading Volume

1,808,200

Discussions
5 people like this. Showing 41 of 41 comments

Janus Mun

no volume geh?counter play by zombies?

2016-07-22 18:31

whytwocare

[TOP GLOVE LATEST ANALYSIS] Topglove jumps due to Coronavirus https://malaysiainvestment88.blogspot.com/2020/01/top-glove-jumps-because-of-coronavirus.html

2020-01-28 19:27

joelim17

50%操作禁令解除‧胶手套厂恢复生产
https://www.sinchew.com.my/content/content_2244357.html

2020-03-31 20:59

bryan2003

If you guys do a deep research on UG Healthcare (Malaysia’s company listed in Singapore), you guys will realize that it is quite similar to Malaysia listed Supermax and Top Glove. The reason Supermax and Top Glove up alot since Supermax release their quarter report is because these 2 companies are distributing their own brand of glove which lead to higher profit margin. You guys can understand further from the video as per below link. After watching, you guys can go read UG's report and you guys will realize that UG has their own distribution center at China, Nigeria, UK, German, US and Brazil. Despite UG didnt own 100% of share of these companies, but definitely it helps UG to have better profit. Also, these coutries are badly affected by Covid-19.

https://klse.i3investor.com/blogs/kianweiaritcles/2020-05-28-story-h15...

Also, not to neglect that Ug Healthcare German is also selling mask, PPE, disinfection, protective clothes etc. All these products are high demand product during this Covid-19. Please refer to the link to understand better.

Besides, UG Healthcare Nigeria is also very interesting distribution center as it is selling the similar products that UG Healthcare German is selling but on top of that, it is also selling infra-red thermometer which is also high demand. Please refer to the link below.

https://www.unimedicalhealthcare.com/aboutus.html

The link below will enable you to understand better about Uniglove UK. Even though it is old news but it definitely will be benefited during this pandemic as it is Europe’s first antimicrobial nitrile glove.

https://www.hsmsearch.com/page_960209.asp

https://www.buildingbetterhealthcare.com/news/article_page/Two_firms_join_forces_to_create_Europes_first_antimicrobial_nitrile_examination_gloves/138274

https://unigloves.co.uk/fortified-biocote-antimicrobial-gloves

https://klse.i3investor.com/blogs/kianweiaritcles/2020-05-29-story-h1507893312-EU_plans_permanent_stockpile_of_essential_drugs_medical_gear.jsp

If we do comparison between Rubberex Malaysia and UG Healthcare. UG healthcare is lagging behind.
Rubberex market cap = (rm3.56/3.06) * 252195617 = SGD 293,404,051
UG heathcare market cap =(SGD 0.47 * 196092856)= SGD 92,163,642

UG yearly capacity is around 3B where Rubberex only 2B.

So if we use production capacity ratio to market cap as below calculation. UG should worth SGD
(293404051 (Rubberex’s market cap) * 3B (UG’s capacity)) / 2b (Rubberex’s market cap) = 214685891

UG’s potential share price = 214685891 / 196092856 (no of UG’s issued share)= SGD 1.09

If we do comparison between Careplus Malaysia and UG Healthcare. UG healthcare is also lagging behind.
Careplus market cap = (rm1.40/3.06) * 531,359,799 = SGD 243,105,790
UG heathcare market cap =(SGD 0.47 * 196092856)= SGD 92,163,642

So if we use production capacity ratio to market cap as below calculation. UG should worth SGD
(243105790 (careplus’ market cap) * 3B (UG’s capacity)) / 4.1B (careplus’ capacity) = 177882285.4

UG’s potential share price = 177882285.4 / 196092856 (no of UG’s issued share) = SGD 0.907

Even though careplus produce 1B pcs extra compared to UG healthcare, but UG healthcare will benefitted from it’s own brand of glove as well as it’s distribution centers in UK, Brazil and Nigeria are selling others PPE and tools which are badly needed during this pandemic.

If we use the method of one of the Malaysia’s famous investor to calculation the price per glove, UG healthcare is on 0.09 per glove which is much more cheaper compared to peers.




Even though the last quarter report seems like “poor”, but it was mainly affected by the production modification cost where the board has decided to on hold the modification in order to cope with the sudden spike of demand. Do take note that the modification at the end will benefit the group as well. UG has reported positive earning for the last 3 FY. In fact, increase of marketing expenses is good for the company in long run as once everyone know about “Uniglove”, the marketing expenses eventually will come back and profit will go up.

Most likely August report will have flying colour result.

Stay tuned!!!

2020-06-01 09:03

Wolve P

it seems the price trend is following Malaysia Top Glove's.

2020-06-07 21:41

juon

malaysia market closed, they come here to fry instead, really salute them

2020-06-08 09:09

Wolve P

very low volume

2020-06-08 16:28

juon

true, volume too low.....either Singaporean's friend don't have "goreng" culture like Malaysia do or the rose with low volume was on purpose.

it is never to late join the ride after the QR is announce on 11/6/20.

2020-06-08 18:27

Wolve P

yeah, going to add more today.

2020-06-09 11:35

bryan2003

The famous investor cum tychoon in Malaysia just posted a blog as below link.

https://klse.i3investor.com/blogs/koonyewyinblog/

So what about UG Healthcare which is OBM (Unigloves) and also have distribution centers at US, UK, German, Brazil and Nigeria? Besides glove, there are selling PPE and other healthcare products which are high demand during pandemic.

2020-07-08 13:46

bryan2003

https://klse.i3investor.com/blogs/koonyewyinblog/

If we apply to same concept to UG since UG' s business model is the same as Supermax, so what is the price it deserves?

2020-07-09 05:54

bryan2003

Is the situation of UG similar to what have mentioned in the link below?

https://klse.i3investor.com/blogs/koonyewyinblog/

Even the movement of the share price????

Happy weekend..

2020-07-10 16:31

up88up

anyone know why trading halted?

2020-07-16 13:39

Chris Susanto (Re-ThinkWealth.com)

Probably because of the US ban?

2020-07-17 10:11

calvintaneng

IN MALAYSIA SUPERMAX & TOPGLOVE ANNOUNCED BONUS ISSUES

HLT (0188) MIGHT ALSO JOIN IN GIVING BONUS ISSUES ALSO

BUY HLT AT 69 SEN BEFORE BONUS ISSUES

RIVERSTONE IS A CUSTOMER OF HLT

SEE HLT IPO

https://www.youtube.com/watch?v=DQbFN5KwD1w

2020-07-21 22:18

calvintaneng

THERE ARE NOT 7 BUT 8 RUBBER GLOVE COMPANIES LISTED IN BURSA (ONE IS UNKNOWN JEWEL CALLED HL RUBBER INDUSTRIES

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-07-21-story-h1510663785-THERE_ARE_NOT_7_BUT_8_RUBBER_GLOVE_COMPANIES_LISTED_IN_BURSA_ONE_IS_UNK.jsp

2020-07-23 01:47

calvintaneng

calvintaneng

Keep in mind (Reposted from Hlt Forum (Stock quote 0188) KLSE

MALAYSIA HAS ONLY 8 LISTED RUBBER GLOVE PLAYERS

4 MAJOR ONES CROSSED RM15 TO RM27 HIGH UP THE SKY IN PRICES

TWO MORE NOT CHEAP AS RUBBEREX CAPPED BY NEW OWNER & COMFORT OVER RM4.00

SO?

SO ONLY 2 GENUINE MEDICAL EXAM GLOVE STOCKS LEFT

CAREPLUS & HLT (HL RUBBER)

ONLY 2 LEFT AND NO MORE

AND SINCE THEY ARE BOTH LAGGARDS THE POTENTIAL TO RISE IS GOOD

GET YOUR HANDS ON THEM AND HOLD TIGHTLY

ONCE LET GO YOU GOT NO MORE CHANCE TO OWN ANY CHEAP BARGAIN MEDICAL GLOVE STOCKS ANYMORE

REGARDS

CALVIN

AND MORE

HL RUBBER INDUSTRIES (0188) IS THE ONLY MEDICAL EXAM GLOVE STOCK STILL BELOW RM1 RINGGIT

IN USA CURRENCY ONE RINGGIT IS NOT EVEN US 25 SEN

IN ONLY WARREN BUFFET KNOWS

WHY?

ANSWER: BECAUSE MALAYSIA MEDICAL EXAM GLOVES IN HOT DEMAND WORLDWIDE

AND WARREN BUFFET LIKE STOCKS THAT SELL TO WHOLE WORLD LIKE COCA COLA, WRIGLEY CHEWING GUM & OTHERS.

YES HL RUBBER HAS A 7.8 BILLION MARKET
24/07/2020 9:34 AM

2020-07-24 09:57

Sami_Value

penny Careplus Qr yesterday triggered a bull run this round. Next week if Harta Qr got +ve surprise, it will be tsunami bull.

2020-07-27 21:42

calvintaneng

4 heavenly Kings now too rich in valuation so it won't go double or triple anymore

Maximum up side will be another 50% to 80% at most

When Supermax was Rm1.73 we bought in. Now over Rm18.00 already Up a Whopping 1,000%

Best buy now is Careplus (0163) at Rm3.30

Careplus will expand by converting its warehouse to more glove lines. Plus it bought a Budget Hotel in Negeri Sembilan to convert it into Workers' hotel

Being able to avoid Topglove bad publicity due to labour issues it has wisely bought a nice facility to create a good image for foreign media

PLUS IT HAS EXPANSION IN BRAZIL

Now with

4 Billion Medical Gloves

6 Billion by year end

8 billion by end 2021

ITS LOCATION IN SENAWANG, N SEMBILAN IS PERFECT. VERY NEAR SEPANG INTERNATIONAL AIRPORT WHICH IT CAN EXPORT ITS GLOVES WORLD WIDE

CAREPLUS WILL BE ANOTHER SUPERMAX IN POWERING UP

CAREPLUS = RUNNING AS FAST AS A CHEETAH

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-07-27-story-h1510755264-CAREPLUS_THE_POWER_OF_CHEETAH_UNLEASHED_BY_EXPLOSIVE_PROFITS_Calvin_Tan.jsp

2020-07-30 01:05

calvintaneng

Careplus powered like a cheetah from Rm1. 89 to Rm4. 74 in less than 10 days..

This once a Century Glove Superbull run will continue to power up all Medical Glove stocks in a rotational uptrend

Topglove boss already said business will be good for the next 6 to 7 quarters lasting into December 2021

With gloves fully prebooked and cash upfront deposit paid till mid 2021 Topglove is expected to lead the pack

Covid 19 emergency spurred Entire world demand from 7.8 billion people on planet earth will benefit Topglove the mostest.

The best business on earth now is selling medical gloves and the Biggest supply of medical gloves come from Topglove

Can expect Topglove to race past S$10.00 soon

2020-08-04 09:04

calvintaneng

These are the 3 Super growth glove stocks of Malaysia

1. Supermax. Profit jumped by 2,500%

2. Careplus ....faster than a Cheetah

3. Hlt. This one with latest cutting edge tech of Tripple Former Dipper liners will expand to 5.3 billion high quality medical exam gloves
Can expect Hlt to grow by leaps and bounds

And one more is disinfectant and sanitizer company of Malaysia called Ancom ((4758)

Will announce free warrant today

2020-08-12 06:24

Sami_Value

VIP Glove listed at ASX

2020-08-12 08:14

stevenckheng

singapore peng you, buy KLSE: GPACKET (0082)

2020-08-12 18:18

Sami_Value

last Qr showing +ve surprise. It have the elements of not only ASP hike but also volume increases / expansion

it will attract FA investors

2020-09-21 11:41

Sami_Value

ditch all other gloves, semua masuk TG

only 1 champion will emerge from the glove

2020-09-21 12:18

Sami_Value

other gloves are all within expectation or below expectation.

only this bitch is above the expectation by huge margin.

2020-09-21 12:24

Sami_Value

ah kong fund (EPF) coming back liao

maybe later a bit tua kong fund (KWAP) coming also

wakakaka

2020-09-24 14:31

Sami_Value

auto mode sailing to the north

2020-09-25 10:27

Sami_Value

it is time can wallap the CWs. wallap with the low premium & still have lifespan of > 3 months

Malaysia forum too many gamblers

2020-10-13 23:41

Sami_Value

sibek happy today

2020-10-14 14:45

Sami_Value

when all the pussies dare not take the postions, that is the time you take the position.

Yes, load on the CWs !

2020-10-14 14:58

Sami_Value

no the CW 84 premium at 0, you won't be taken for rise or water fished by IB anymore

no scare anymore, wallap with 0 premium

2020-10-14 15:13

Sami_Value

exercise at RM6.00
ratio at 1: 6.7
expiry : 29/1/2021 ( 3 months to go )
CW84 price = RM0.515

with mother share at 9.47

premium = (6 + 6.7*0.515) / 9.47 = 0.9979.

it means the CW84 is in discount premium now

2020-10-14 15:16

Sami_Value

the retailers will be caught with surprises

2020-10-14 15:17

Sami_Value

the 9.50 wall will be breached

2020-10-14 15:18

Sami_Value

we are going to the north pole

2020-10-14 15:19

EatCoconutCanWin

tut tut... tutup keranda.. correct?

2021-09-13 18:00

Post a Comment