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top glove although consolidating sideways it will take off to 45 cent this week
huge buying coming up 🚀 🚀 🚀
top glove although consolidating sideways it will take off to 45 cent this week
huge buying coming up 🚀 🚀 🚀
UOB Technical Analysis:
Singapore Airlines (SIA SP) - Trading BUY
Top Glove Corp (TOPG SP) - Trading BUY
Singapore Airlines (SIA SP) - Trading BUY
Top Glove Corp (TOPG SP) - Trading BUY
Agreed bro
my target 45 cent by week end
48 cent before cent
my target 45 cent by week end
48 cent before cent
shk363 ( Date: 06-Jan-2025 22:10) Posted:
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Zhun bo?
shk363 ( Date: 06-Jan-2025 22:10) Posted:
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target clear 50 by cny
🚀 🚀 🚀
hitting 52 weeek high again , will break it today
45 cent target sooo.
hitting 52 weeek high again , will break it today
45 cent target sooo.
HMVP !!!
due respect to global situation and not to happy for it
however gloves stock may see some advantage of it
again not wishing for another Covid 🙏 🏼
due respect to global situation and not to happy for it
however gloves stock may see some advantage of it
again not wishing for another Covid 🙏 🏼
look good ....
Ovywind ( Date: 26-Dec-2024 10:24) Posted:
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all gloves stock has broken their year high successfully and stable now
for TG good balence sheet , sanctions on Chinese glove makers and increasing demand are quite positive moves
Stock moving to 45 cent eventually to 50 cent
good to see .. gloves are back at right time 🚀 🚀 🚀 🚀 🚀 🚀
all gloves stock has broken their year high successfully and stable now
for TG good balence sheet , sanctions on Chinese glove makers and increasing demand are quite positive moves
Stock moving to 45 cent eventually to 50 cent
good to see .. gloves are back at right time 🚀 🚀 🚀 🚀 🚀 🚀
Top Glove swings back to black with RM5.5 million Q1 net profit
More US orders ahead of 50% tariff on glove imports from China contribute to higher sales volume
GLOVE manufacturer Top Glove : BVA -3.57% posted a net profit of RM5.5 million (S$1.7 million) for the first fiscal quarter ended November, reversing its net loss of RM57.7 million in the previous corresponding period.
This translates to an earnings per share of 0.07 sen compared with the previous year&rsquo s loss of 0.72 sen per share.
On Friday (Dec 20), Top Glove said that the improvement in its bottom line came amid higher sales volume and healthier margins from continual glove-replenishment activity.
The increased inflows of US orders ahead of the 50 per cent tariff on glove imports from China contributed to sales volume, added the company.
Its ongoing quality-enhancement and cost-optimisation initiatives, as well as the strengthening of the US dollar against the ringgit, also contributed to its improved financials.
Top Glove revised its average selling prices upward in August and September this year, following higher costs of raw materials and a weaker US dollar in the fourth quarter of FY2024.
The effects arising from the price adjustments came in only towards the end of Q1 FY2025, and the full impact is expected to be reflected in the next quarter, noted the company.
No dividend was declared for the period under review &ndash unchanged from a year earlier.
Revenue for Q1 FY2025 rose 79.5 per cent to RM885.9 million, from RM493.5 million in the year-ago period.
Operating expenses rose 59.8 per cent on the year to RM883.6 million, from RM553 million.
Top Glove is optimistic about the recovery of the glove industry, and expects orders to continue flowing in. Demand will also be spurred by the increased health and hygiene awareness following the Covid-19 pandemic, it noted.
The company added that it is well-positioned to benefit from trade diversions resulting from US tariffs on China-produced gloves. It expects the effects of those tariffs to be &ldquo felt more substantially from Q2 FY2025 onwards&rdquo .
It said: &ldquo The group will proactively diversify risks across its countries of operations in Malaysia, Thailand and Vietnam to mitigate the geopolitical situation which continues to escalate and remain unpredictable.&rdquo
Results so so only, no dividends declare.
L.FATT ( Date: 20-Dec-2024 13:34) Posted:
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Seen like wellly goookz results huat ahhhhg
good or bad???
spursfan ( Date: 20-Dec-2024 12:37) Posted:
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Trading halt pending release of 1st quarter results.
Is Trump' s tariff on China, good for Top Glove?
KUALA LUMPUR (Dec 17): Hartalega Holdings Bhd?s (KL:HARTA) stock has surged past its consensus target price, as CIMB Securities continues to see further upside, as higher prices and volume are seen driving the glovemaker's earnings ahead.
Shares of the group, which announced a special dividend on Dec 9, have surpassed Bloomberg?s consensus 12-month target price of RM3.65, rising over 42% this year to trade at RM3.83 at the time of writing.
The nitrile glove maker currently has seven ?buy? and four ?hold? calls, as well as one 'sell' rating among the research houses covering the stock.
CIMB in its latest note raised its target price to RM4.20, on higher average selling prices (ASPs) seen for Hartalega's products, as sales to US-based customers, who typically command higher ASPs, accounted for 56.7% of the company?s revenue in the second quarter of financial year 2025 (2QFY2025).
Klein_Yeoman ( Date: 17-Dec-2024 20:41) Posted:
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https://theedgemalaysia.com/node/738002
Looks like it' s consolidating
AGM on 17th and next quarter relies on 20th
i am hoping balence sheet is positive with better prospects considering china sanction
additional orders , asp and margins
investots are positive on TG 🚀 🚀 🚀 🚀 🚀 🚀
AGM on 17th and next quarter relies on 20th
i am hoping balence sheet is positive with better prospects considering china sanction
additional orders , asp and margins
investots are positive on TG 🚀 🚀 🚀 🚀 🚀 🚀
卫 生 专 家 不 断 地 发 警 报 ， 禽 流 感 病 毒 已 出 现 变 异 迹 象 , 可 能 随 时 引 发 新 的 大 流 行 。