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Ovywind Veteran	02-Oct-2024 10:41        Ovywind About Contact  Quote this Post!
x 0   x 0  Alert Admin	This is opportunity to enter .. pre lounching   Eagle88      ( Date: 01-Oct-2024 17:22) Posted: Closing at 325. Very2 good sign that tomorrow may go up further !!!
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Eagle88 Supreme	01-Oct-2024 17:22        Eagle88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Closing at 325. Very2 good sign that tomorrow may go up further !!!
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Ovywind Veteran	01-Oct-2024 10:05        Ovywind About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes , results are apx weeks away    PQTPQK      ( Date: 30-Sep-2024 14:54) Posted: need to break the previous high 0.36  first... Eagle88      ( Date: 30-Sep-2024 13:41) Posted: Top Glove benefiting from returning demand https://www.thestar.com.my/business/business-news/2024/09/27/top-glove-benefiting-from-returning-demand#:~:text=PETALING%20JAYA%3A%20Top%20Glove%20Corp,market%20continue%20to%20chart%20growth.
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PQTPQK Supreme	30-Sep-2024 14:54        PQTPQK About Contact  Quote this Post!
x 0   x 0  Alert Admin	need to break the previous high 0.36  first... Eagle88      ( Date: 30-Sep-2024 13:41) Posted: Top Glove benefiting from returning demand https://www.thestar.com.my/business/business-news/2024/09/27/top-glove-benefiting-from-returning-demand#:~:text=PETALING%20JAYA%3A%20Top%20Glove%20Corp,market%20continue%20to%20chart%20growth. Eagle88      ( Date: 30-Sep-2024 13:36) Posted: PETALING JAYA:  Top Glove Corp Bhd  is confident of strong demand recovery for its financial year ending Aug 31, 2025 (FY25) as replenishment activity picks up among customers, with the key US market continue to chart growth. Kenanga Research said, in a report, that the company&rsquo s sales volume continues to rise month-on-month, and the trend is expected to pick up in subsequent quarters, underpinned by inventory rebuilding by distributors, indicating that demand recovery had gained momentum.   &ldquo Presently, its sales volume had strengthened 25% to 30% month-on-month, bringing utilisation rate to 65% to 70% versus our assumption of 55% in FY25, based on capacity of 64 billion pieces, compared with 45% in the third quarter of FY24,&rdquo the research house said. Maintaining its &ldquo market outperform&rdquo call on Top Glove but raising the target price to RM1.02 from RM0.97 previously, Kenanga Research said the company&rsquo s management is optimistic that average selling prices (ASPs) would rise by 5% to 15% or US$0.80 to US$1.50 per 1,000 pieces due to the uptick in demand and mitigation against the appreciating ringgit against the US dollar.   &ldquo We raise our FY25 and FY26 forecast net profit by 39% and 42%, respectively, as a result of rising sales-volume assumptions,&rdquo the research house said, adding that with market expectations of losses and falling ASPs increasingly being priced in, value is seen emerging on a medium-term horizon. It estimates that for every US$1 change in ASPs, the company&rsquo s earnings would be impacted by below 2% assuming ASPs of US$20 per 1,000 pieces. Top Glove&rsquo s management also shared that exports to the United States, which account for 28% to 30% of the group&rsquo s geographical sales mix, continues to grow accounting.   &ldquo As an indication, Top Glove has seen its volume sales from the US market raising 20% year-on-year to account for 15% in the nine-month period of FY24 compared with the pre-pandemic average of 20% to 30%,&rdquo it added. The research house said the outlook for the sector is supported by the weakening of predatory pricing by Chinese glovemakers as their capacity utilisation rises above 90% while revised US trade measures on gloves from China would see tariffs rising 50% in 2025 and 100% in 2026, which would primarily benefit Malaysian glovemakers. Kenanga Research expects a rerating of glovemakers&rsquo stock prices in anticipation of the positive near-term earnings outlook. With a less acute oversupply situation, it estimates that the demand-supply situation will only start to head towards equilibrium in 2026 when there is no more net new capacity coming onstream while the global demand for gloves continues to rise by 15% per year.
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Eagle88 Supreme	30-Sep-2024 13:41        Eagle88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Top Glove benefiting from returning demand https://www.thestar.com.my/business/business-news/2024/09/27/top-glove-benefiting-from-returning-demand#:~:text=PETALING%20JAYA%3A%20Top%20Glove%20Corp,market%20continue%20to%20chart%20growth. Eagle88      ( Date: 30-Sep-2024 13:36) Posted: PETALING JAYA:  Top Glove Corp Bhd  is confident of strong demand recovery for its financial year ending Aug 31, 2025 (FY25) as replenishment activity picks up among customers, with the key US market continue to chart growth. Kenanga Research said, in a report, that the company&rsquo s sales volume continues to rise month-on-month, and the trend is expected to pick up in subsequent quarters, underpinned by inventory rebuilding by distributors, indicating that demand recovery had gained momentum.   &ldquo Presently, its sales volume had strengthened 25% to 30% month-on-month, bringing utilisation rate to 65% to 70% versus our assumption of 55% in FY25, based on capacity of 64 billion pieces, compared with 45% in the third quarter of FY24,&rdquo the research house said. Maintaining its &ldquo market outperform&rdquo call on Top Glove but raising the target price to RM1.02 from RM0.97 previously, Kenanga Research said the company&rsquo s management is optimistic that average selling prices (ASPs) would rise by 5% to 15% or US$0.80 to US$1.50 per 1,000 pieces due to the uptick in demand and mitigation against the appreciating ringgit against the US dollar.   &ldquo We raise our FY25 and FY26 forecast net profit by 39% and 42%, respectively, as a result of rising sales-volume assumptions,&rdquo the research house said, adding that with market expectations of losses and falling ASPs increasingly being priced in, value is seen emerging on a medium-term horizon. It estimates that for every US$1 change in ASPs, the company&rsquo s earnings would be impacted by below 2% assuming ASPs of US$20 per 1,000 pieces. Top Glove&rsquo s management also shared that exports to the United States, which account for 28% to 30% of the group&rsquo s geographical sales mix, continues to grow accounting.   &ldquo As an indication, Top Glove has seen its volume sales from the US market raising 20% year-on-year to account for 15% in the nine-month period of FY24 compared with the pre-pandemic average of 20% to 30%,&rdquo it added. The research house said the outlook for the sector is supported by the weakening of predatory pricing by Chinese glovemakers as their capacity utilisation rises above 90% while revised US trade measures on gloves from China would see tariffs rising 50% in 2025 and 100% in 2026, which would primarily benefit Malaysian glovemakers. Kenanga Research expects a rerating of glovemakers&rsquo stock prices in anticipation of the positive near-term earnings outlook. With a less acute oversupply situation, it estimates that the demand-supply situation will only start to head towards equilibrium in 2026 when there is no more net new capacity coming onstream while the global demand for gloves continues to rise by 15% per year.
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Eagle88 Supreme	30-Sep-2024 13:36        Eagle88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	PETALING JAYA:  Top Glove Corp Bhd  is confident of strong demand recovery for its financial year ending Aug 31, 2025 (FY25) as replenishment activity picks up among customers, with the key US market continue to chart growth. Kenanga Research said, in a report, that the company&rsquo s sales volume continues to rise month-on-month, and the trend is expected to pick up in subsequent quarters, underpinned by inventory rebuilding by distributors, indicating that demand recovery had gained momentum.   &ldquo Presently, its sales volume had strengthened 25% to 30% month-on-month, bringing utilisation rate to 65% to 70% versus our assumption of 55% in FY25, based on capacity of 64 billion pieces, compared with 45% in the third quarter of FY24,&rdquo the research house said. Maintaining its &ldquo market outperform&rdquo call on Top Glove but raising the target price to RM1.02 from RM0.97 previously, Kenanga Research said the company&rsquo s management is optimistic that average selling prices (ASPs) would rise by 5% to 15% or US$0.80 to US$1.50 per 1,000 pieces due to the uptick in demand and mitigation against the appreciating ringgit against the US dollar.   &ldquo We raise our FY25 and FY26 forecast net profit by 39% and 42%, respectively, as a result of rising sales-volume assumptions,&rdquo the research house said, adding that with market expectations of losses and falling ASPs increasingly being priced in, value is seen emerging on a medium-term horizon. It estimates that for every US$1 change in ASPs, the company&rsquo s earnings would be impacted by below 2% assuming ASPs of US$20 per 1,000 pieces. Top Glove&rsquo s management also shared that exports to the United States, which account for 28% to 30% of the group&rsquo s geographical sales mix, continues to grow accounting.   &ldquo As an indication, Top Glove has seen its volume sales from the US market raising 20% year-on-year to account for 15% in the nine-month period of FY24 compared with the pre-pandemic average of 20% to 30%,&rdquo it added. The research house said the outlook for the sector is supported by the weakening of predatory pricing by Chinese glovemakers as their capacity utilisation rises above 90% while revised US trade measures on gloves from China would see tariffs rising 50% in 2025 and 100% in 2026, which would primarily benefit Malaysian glovemakers. Kenanga Research expects a rerating of glovemakers&rsquo stock prices in anticipation of the positive near-term earnings outlook. With a less acute oversupply situation, it estimates that the demand-supply situation will only start to head towards equilibrium in 2026 when there is no more net new capacity coming onstream while the global demand for gloves continues to rise by 15% per year.
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msksmsks Supreme	30-Sep-2024 11:44        msksmsks About Contact  Quote this Post!
x 0   x 0  Alert Admin	Know what u are buying and whatz forthcoming.... Ride along the trend  Eagle88      ( Date: 30-Sep-2024 10:55) Posted: If Trump comes in, minimum tariffs will be 60%, 10% more than 50% for next year 2025.  msksmsks      ( Date: 30-Sep-2024 09:49) Posted: TG reporting soon.... Shld be reversing fm looses to profitability With US slapping heavier tariffs next year to  Chinese glove makers,  agurs well for TG and the rest of the malaysian makers  On it' s way to recovery and regain mkt share
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Eagle88 Supreme	30-Sep-2024 10:55        Eagle88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	If Trump comes in, minimum tariffs will be 60%, 10% more than 50% for next year 2025.  msksmsks      ( Date: 30-Sep-2024 09:49) Posted: TG reporting soon.... Shld be reversing fm looses to profitability With US slapping heavier tariffs next year to  Chinese glove makers,  agurs well for TG and the rest of the malaysian makers  On it' s way to recovery and regain mkt share
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Eagle88 Supreme	30-Sep-2024 10:53        Eagle88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Funds are still buying for long term gains.
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msksmsks Supreme	30-Sep-2024 09:49        msksmsks About Contact  Quote this Post!
x 0   x 0  Alert Admin	TG reporting soon.... Shld be reversing fm looses to profitability With US slapping heavier tariffs next year to  Chinese glove makers,  agurs well for TG and the rest of the malaysian makers  On it' s way to recovery and regain mkt share
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Eagle88 Supreme	30-Sep-2024 09:41        Eagle88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ringgit goes up vs SingDollar, the SP will go up slightly more as well.
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Alignment Elite	27-Sep-2024 21:00        Alignment About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	Trump is going to slap tariffs on everyone. Under him US will aim to be self sufficient, even if it sends US inflation to the moon.
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Ovywind Veteran	27-Sep-2024 18:36        Ovywind About Contact  Quote this Post!
x 0   x 0  Alert Admin	Why stock price going down day by day  funds are buying or sellins ? 20-30 M profits will lead to some dividends ?   Francisgohyc      ( Date: 27-Sep-2024 18:26) Posted: This coming Q will make profit around 20-30 million Eagle88      ( Date: 27-Sep-2024 10:42) Posted: TG is turning into profit very soon even before US announced the tariffs of 50% and 100% for 2025 and 2026, respectively. Any increase in sales in US Market is a great bonus for TG !!!
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Francisgohyc Master	27-Sep-2024 18:26        Francisgohyc About Contact  Quote this Post!
x 0   x 0  Alert Admin	This coming Q will make profit around 20-30 million Eagle88      ( Date: 27-Sep-2024 10:42) Posted: TG is turning into profit very soon even before US announced the tariffs of 50% and 100% for 2025 and 2026, respectively. Any increase in sales in US Market is a great bonus for TG !!!  Eagle88      ( Date: 27-Sep-2024 10:23) Posted: The same fund is buying more and more as the share price is still considered very cheap, not expensive and with value as TG will for sure capture more market shares from China in US for at least the next 2 years and beyond !!! As US Tariffs kick in with 50% in 2025 and 100% in 2026 for China gloves !!!  TG is with capacity to ramp up any demands from US !!! US may already made orders in this Quarter !!! All very good sign for TG !!
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Eagle88 Supreme	27-Sep-2024 10:42        Eagle88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	TG is turning into profit very soon even before US announced the tariffs of 50% and 100% for 2025 and 2026, respectively. Any increase in sales in US Market is a great bonus for TG !!!  Eagle88      ( Date: 27-Sep-2024 10:23) Posted: The same fund is buying more and more as the share price is still considered very cheap, not expensive and with value as TG will for sure capture more market shares from China in US for at least the next 2 years and beyond !!! As US Tariffs kick in with 50% in 2025 and 100% in 2026 for China gloves !!!  TG is with capacity to ramp up any demands from US !!! US may already made orders in this Quarter !!! All very good sign for TG !!! biper66      ( Date: 26-Sep-2024 17:36) Posted: today also got buying by the same fun
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Eagle88 Supreme	27-Sep-2024 10:23        Eagle88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The same fund is buying more and more as the share price is still considered very cheap, not expensive and with value as TG will for sure capture more market shares from China in US for at least the next 2 years and beyond !!! As US Tariffs kick in with 50% in 2025 and 100% in 2026 for China gloves !!!  TG is with capacity to ramp up any demands from US !!! US may already made orders in this Quarter !!! All very good sign for TG !!! biper66      ( Date: 26-Sep-2024 17:36) Posted: today also got buying by the same fund Eagle88      ( Date: 26-Sep-2024 16:46) Posted: SGX announcement for Top Glove
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biper66 Senior	26-Sep-2024 17:36        biper66 About Contact  Quote this Post!
x 0   x 0  Alert Admin	today also got buying by the same fund Eagle88      ( Date: 26-Sep-2024 16:46) Posted: SGX announcement for Top Glove. PQTPQK      ( Date: 26-Sep-2024 16:34) Posted: how you know fund is buying
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Eagle88 Supreme	26-Sep-2024 16:46        Eagle88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	SGX announcement for Top Glove. PQTPQK      ( Date: 26-Sep-2024 16:34) Posted: how you know fund is buying ? Eagle88      ( Date: 26-Sep-2024 14:29) Posted: Funds are buying up TG.
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PQTPQK Supreme	26-Sep-2024 16:34        PQTPQK About Contact  Quote this Post!
x 0   x 0  Alert Admin	how you know fund is buying ? Eagle88      ( Date: 26-Sep-2024 14:29) Posted: Funds are buying up TG.
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Eagle88 Supreme	26-Sep-2024 14:29        Eagle88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Funds are buying up TG.
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