Top Glove    Last:0.26    -0.015

Top Glove Make or Break

Read about Chinese gloves companies cannot export to US due to FDA import 80-04 restriction due to non compliance.  Thats why TG n other Malaysian companies are getting more market share.  Hope next Thurs will have more info. Cheers 
 

 

Anyone knows about US FDA Import Alert 80-04 for gloves imports?
Happen to read it in another forum..


 

 

TopGlove will release 2025 full year results on 09 Oct. 2025

 

How many lot have you buy and at what price 

It may need to wait for 9 months from now, it will go up only if there is dividend given. (My opinion) 

I also hope the price can go up, within 3 months I lost a lot of Money after Hartalega drop a lot   

ETHunter      ( Date: 01-Oct-2025 12:48) Posted: PC updated that company is running at 74％ as compared to 65% last qtr. Sales or Rev probably increase correspondingly. Coming results ( next week) espected to show improved earnings qoq and yoy. YET stock trading at all time low. Vested a lot. Hope i m right. Dyodd. Francisgohyc      ( Date: 30-Sep-2025 08:47) Posted: KUALA LUMPUR (Sept 29): Top Glove Corporation Bhd (KL:TOPGLOV) is expected to post marginal quarter-on-quarter improvement in earnings, thanks to better volume, said Phillip Capital.  The world&rsquo s largest natural rubber glove manufacturer is running at 74% of its capacity and the company is banking on better utilisation rates in its final financial quarter, on an increase in orders from the US, the research house said in an update on the stock.    However, softer average selling prices and stronger ringgit against the US dollars will continue to drag on the company, Phillip Capital said.    Net profit will likely come in at RM22 million to RM23 million for the quarter ended Aug 31, 2025 (4QFY2025), according to the house&rsquo s projections. That compares to RM21.5 million in 3QFY2025 and a net loss of RM50.5 million in 4QFY2024.    Top Glove is expected to announce its results on Oct 9. Phillip Capital, however, is lowering its target price for Top Glove by 12 sen to 59 sen, after cutting its valuations to reflect persistent structural challenges that limit the strength of earnings recovery.  Shares of Top Glove have lost more than half of their value this year, wiping out more than   RM6 billion from the company&rsquo s market capitalisation, as glove manufacturers grapple with intense competition at a time of a massive global oversupply.  Chinese rivals, in particular, have been setting up shop in Southeast Asia to dodge US tariffs, while providing steep discounts to compete in non-American markets.    The recovery in average selling prices &ldquo remains constrained by aggressive pricing from Chinese players, particularly outside the US market,&rdquo Phillip Capital. Top Glove has indicated that it would not drop prices further, due to resilient demand in the US, Phillip Capital noted.    Earnings trajectory will only improve in FY2026-FY2027, amid gradual pick-up in utilisation rates, the house added.

 

PC updated that company is running at 74％ as compared to 65% last qtr. Sales or Rev probably increase correspondingly. Coming results ( next week) espected to show improved earnings qoq and yoy. YET stock trading at all time low. Vested a lot. Hope i m right. Dyodd.

Francisgohyc      ( Date: 30-Sep-2025 08:47) Posted: KUALA LUMPUR (Sept 29): Top Glove Corporation Bhd (KL:TOPGLOV) is expected to post marginal quarter-on-quarter improvement in earnings, thanks to better volume, said Phillip Capital.  The world&rsquo s largest natural rubber glove manufacturer is running at 74% of its capacity and the company is banking on better utilisation rates in its final financial quarter, on an increase in orders from the US, the research house said in an update on the stock.    However, softer average selling prices and stronger ringgit against the US dollars will continue to drag on the company, Phillip Capital said.    Net profit will likely come in at RM22 million to RM23 million for the quarter ended Aug 31, 2025 (4QFY2025), according to the house&rsquo s projections. That compares to RM21.5 million in 3QFY2025 and a net loss of RM50.5 million in 4QFY2024.    Top Glove is expected to announce its results on Oct 9. Phillip Capital, however, is lowering its target price for Top Glove by 12 sen to 59 sen, after cutting its valuations to reflect persistent structural challenges that limit the strength of earnings recovery.  Shares of Top Glove have lost more than half of their value this year, wiping out more than   RM6 billion from the company&rsquo s market capitalisation, as glove manufacturers grapple with intense competition at a time of a massive global oversupply.  Chinese rivals, in particular, have been setting up shop in Southeast Asia to dodge US tariffs, while providing steep discounts to compete in non-American markets.    The recovery in average selling prices &ldquo remains constrained by aggressive pricing from Chinese players, particularly outside the US market,&rdquo Phillip Capital. Top Glove has indicated that it would not drop prices further, due to resilient demand in the US, Phillip Capital noted.    Earnings trajectory will only improve in FY2026-FY2027, amid gradual pick-up in utilisation rates, the house added.   Mersingboy      ( Date: 25-Sep-2025 10:04) Posted: Looks like the BB are buying. Jiayou!

 

I finally gave up and sold my entire stock holding for TG...
The cons.. I lost big in 5 figures, the pros.. I stop digging deeper into this money trap.

 

PC report mention according to estimates, Top Glove' s net profit for the fourth quarter will be between RM22 million and RM23 million, a slight increase from RM21.5 million in the third quarter.
My estimates is around RM30million.

Francisgohyc      ( Date: 01-Oct-2025 08:55) Posted: You are right, it pre-notice to announce to the share holder  It will be around 25-30 million, Kossan can have profit of 32 million  hschsc      ( Date: 30-Sep-2025 15:09) Posted: My point of view is the results should be better than what PC report.

 

You are right, it pre-notice to announce to the share holder 

It will be around 25-30 million, Kossan can have profit of 32 million 

hschsc      ( Date: 30-Sep-2025 15:09) Posted: My point of view is the results should be better than what PC report.

 

My point of view is the results should be better than what PC report.

 

KUALA LUMPUR (Sept 29): Top Glove Corporation Bhd (KL:TOPGLOV) is expected to post marginal quarter-on-quarter improvement in earnings, thanks to better volume, said Phillip Capital. 
The world&rsquo s largest natural rubber glove manufacturer is running at 74% of its capacity and the company is banking on better utilisation rates in its final financial quarter, on an increase in orders from the US, the research house said in an update on the stock. 
 
However, softer average selling prices and stronger ringgit against the US dollars will continue to drag on the company, Phillip Capital said. 
 
Net profit will likely come in at RM22 million to RM23 million for the quarter ended Aug 31, 2025 (4QFY2025), according to the house&rsquo s projections. That compares to RM21.5 million in 3QFY2025 and a net loss of RM50.5 million in 4QFY2024. 
 
Top Glove is expected to announce its results on Oct 9. Phillip Capital, however, is lowering its target price for Top Glove by 12 sen to 59 sen, after cutting its valuations to reflect persistent structural challenges that limit the strength of earnings recovery. 
Shares of Top Glove have lost more than half of their value this year, wiping out more than
 
RM6 billion from the company&rsquo s market capitalisation, as glove manufacturers grapple with intense competition at a time of a massive global oversupply. 
Chinese rivals, in particular, have been setting up shop in Southeast Asia to dodge US tariffs, while providing steep discounts to compete in non-American markets. 
 
The recovery in average selling prices &ldquo remains constrained by aggressive pricing from Chinese players, particularly outside the US market,&rdquo Phillip Capital. Top Glove has indicated that it would not drop prices further, due to resilient demand in the US, Phillip Capital noted. 
 
Earnings trajectory will only improve in FY2026-FY2027, amid gradual pick-up in utilisation rates, the house added.
 

Mersingboy      ( Date: 25-Sep-2025 10:04) Posted: Looks like the BB are buying. Jiayou!

 

Looks like the BB are buying. Jiayou!

 

Lai Liao and slowly move up 

 

In two weeks, everyone is waiting for Top Glove' s full-year results report, which should be outstanding.

hschsc      ( Date: 22-Sep-2025 10:33) Posted: With trade negotiations between China and the US at a stalemate, Top Glove needs a breakthrough in funding to secure support for future growth. Strong performance in 2025 will provide a golden opportunity to boost its share price and redeem warrants.

 

With trade negotiations between China and the US at a stalemate, Top Glove needs a breakthrough in funding to secure support for future growth. Strong performance in 2025 will provide a golden opportunity to boost its share price and redeem warrants.

 

But another 20 Lot at 0.182, hope next Q profit between 20-35 million 

Vested and keep for 6-9 months time, this counter should drop so much 

Francisgohyc      ( Date: 17-Sep-2025 08:26) Posted: You are right, it need another 9 months time to move up steady.  Sales volume when move up, China tariff will be high ( My opinion )  Buy at this price is the lowest entry point, must wait for the durian to fall  mav1ryan      ( Date: 15-Sep-2025 11:26) Posted: But honestly for Top Glove unable to claim back to the pre-COVID price is still puzzling to me... The factory is now around 65% loaded, and means still more efforts to fill up the plant. But I see the biggest problem is the stiff competiton from Chinese golve makers for Europe market, resulting their asp is still below water... I seriously don' t think TG can get out of the current hardship in short term.

 

If can go lower will be good? Will be better if can buy below director price though difficult

 

Four Top Glove management directors repurchased company shares. Is it a good signal.

 

TG mgtm mentioned Chinese companies moving operations to other countries such as indonesia to reduce tariffs.. costs will still be high and Malaysian glove companies will benefit. Hope the coming results will give better visibility. Vested again. Dyodd 

 

Francisgohyc      ( Date: 17-Sep-2025 08:26) Posted: You are right, it need another 9 months time to move up steady.  Sales volume when move up, China tariff will be high ( My opinion )  Buy at this price is the lowest entry point, must wait for the durian to fall  mav1ryan      ( Date: 15-Sep-2025 11:26) Posted: But honestly for Top Glove unable to claim back to the pre-COVID price is still puzzling to me... The factory is now around 65% loaded, and means still more efforts to fill up the plant. But I see the biggest problem is the stiff competiton from Chinese golve makers for Europe market, resulting their asp is still below water... I seriously don' t think TG can get out of the current hardship in short term.

 

You are right, it need another 9 months time to move up steady. 

Sales volume when move up, China tariff will be high ( My opinion ) 

Buy at this price is the lowest entry point, must wait for the durian to fall 

mav1ryan      ( Date: 15-Sep-2025 11:26) Posted: But honestly for Top Glove unable to claim back to the pre-COVID price is still puzzling to me... The factory is now around 65% loaded, and means still more efforts to fill up the plant. But I see the biggest problem is the stiff competiton from Chinese golve makers for Europe market, resulting their asp is still below water... I seriously don' t think TG can get out of the current hardship in short term.

 

Topglove Earning call in July.

https://youtu.be/g50V2LrVI1M?si=XxbcuaI5HrZuDurr

The earning call provides very good update on the business going forward. Sound optimistic as mgtm mentioned many orders coming in and also company becoming more efficient and lower production costs matching China companies.
Quite a long call but good to check it out. Dyodd.