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KLSE: TOPGLOV       TOP GLOVE CORPORATION BHD
Last Price Avg Target Price   Upside/Downside Price Call
0.955 0.76     -0.195 (20.42%)
* Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months.
** Price Targets are adjusted for Bonus Issue, Shares Split & Shares Consolidation (where applicable).
Date Open Price Target Price Upside/Downside Price Call Source News
17/03/2023 0.85 0.62 -0.23 (27.06%) SELL PUBLIC BANK Price Target News
17/03/2023 0.85 0.58 -0.27 (31.76%) SELL KENANGA Price Target News
17/03/2023 0.85 0.90 +0.05 (5.88%) HOLD JF APEX Price Target News
17/03/2023 0.835 0.53 -0.305 (36.53%) SELL HLG Price Target News
17/03/2023 0.85 0.60 -0.25 (29.41%) SELL AmInvest Price Target News
09/03/2023 0.68 0.53 -0.15 (22.06%) SELL HLG Price Target News
16/01/2023 0.83 0.60 -0.23 (27.71%) SELL AmInvest Price Target News
15/12/2022 0.775 0.57 -0.205 (26.45%) SELL RHB-OSK Price Target News
15/12/2022 0.775 0.53 -0.245 (31.61%) BUY PUBLIC BANK Price Target News
15/12/2022 0.775 0.60 -0.175 (22.58%) SELL KENANGA Price Target News
15/12/2022 0.775 0.53 -0.245 (31.61%) SELL HLG Price Target News
15/12/2022 0.775 0.60 -0.175 (22.58%) SELL AmInvest Price Target News
07/10/2022 0.675 0.60 -0.075 (11.11%) HOLD AmInvest Price Target News
28/09/2022 0.61 0.49 -0.12 (19.67%) SELL RHB-OSK Price Target News
21/09/2022 0.70 0.76 +0.06 (8.57%) HOLD UOBKayHian Price Target News
21/09/2022 0.70 0.60 -0.10 (14.29%) SELL RHB-OSK Price Target News
21/09/2022 0.70 0.58 -0.12 (17.14%) SELL PUBLIC BANK Price Target News
21/09/2022 0.70 0.52 -0.18 (25.71%) SELL MAYBANK Price Target News
21/09/2022 0.70 0.60 -0.10 (14.29%) SELL KENANGA Price Target News
21/09/2022 0.70 0.63 -0.07 (10.00%) SELL JF APEX Price Target News
21/09/2022 0.70 0.54 -0.16 (22.86%) SELL HLG Price Target News
21/09/2022 0.70 0.60 -0.10 (14.29%) HOLD AmInvest Price Target News
20/09/2022 0.71 0.60 -0.11 (15.49%) HOLD AmInvest Price Target News
07/09/2022 0.80 0.65 -0.15 (18.75%) SELL KENANGA Price Target News
17/08/2022 0.85 0.83 -0.02 (2.35%) SELL HLG Price Target News
08/07/2022 1.02 0.83 -0.19 (18.63%) SELL HLG Price Target News
08/07/2022 1.02 1.00 -0.02 (1.96%) SELL BIMB Price Target News
23/06/2022 1.02 0.80 -0.22 (21.57%) SELL KENANGA Price Target News
20/06/2022 1.01 0.88 -0.13 (12.87%) HOLD AmInvest Price Target News
13/06/2022 1.11 1.10 -0.01 (0.90%) SELL JF APEX Price Target News
10/06/2022 1.20 0.95 -0.25 (20.83%) SELL KENANGA Price Target News
10/06/2022 1.20 0.82 -0.38 (31.67%) SELL HLG Price Target News
10/06/2022 1.20 1.00 -0.20 (16.67%) SELL BIMB Price Target News
10/06/2022 1.20 1.08 -0.12 (10.00%) HOLD AmInvest Price Target News
12/05/2022 1.53 1.48 -0.05 (3.27%) HOLD PUBLIC BANK Price Target News
29/04/2022 1.68 1.48 -0.20 (11.90%) HOLD PUBLIC BANK Price Target News
05/04/2022 2.03 1.30 -0.73 (35.96%) SELL KENANGA Price Target News


Price Target Research Article/News (past 6 months)
17/03/2023  PUBLIC BANK Top Glove Corporation Berhad - Caution Remains
17/03/2023  KENANGA Top Glove Corporation - A Third Consecutive Quarterly Loss
17/03/2023  JF APEX Top Glove Corporation Berhad - Still Not Out of the Woods
17/03/2023  HLG Top Glove - Still Bleeding
17/03/2023  AmInvest Top Glove Corp - Still lacking clarity on restocking activities by customers
09/03/2023  HLG Top Glove - Not in the Clear Yet
16/01/2023  AmInvest Top Glove Corp - No demand lift from China despite Covid outbreak
15/12/2022  RHB-OSK Top Glove Corp - Bleeding Heavily; Maintain SELL
15/12/2022  PUBLIC BANK Top Glove Corporation Berhad - Missing Estimates
15/12/2022  KENANGA Top Glove Corporation - Losses Widen in 1QFY23
15/12/2022  HLG Traders Brief - Upside Bias Amid Expectations of Year-end Window Dressing and China’s Reopening
15/12/2022  AmInvest Top Glove Corporation - Losses widened in 1QFY23
07/10/2022  AmInvest Top Glove Corp - Waiting for stock replenishment cycle
28/09/2022  RHB-OSK Top Glove Corp - Still Not Out of the Woods; Stay SELL
21/09/2022  UOBKayHian Top Glove - 4QFY22 Industry Softness Prevails
21/09/2022  RHB-OSK Top Glove - First Time Seeing Red; Still SELL
21/09/2022  PUBLIC BANK Top Glove Corporation Berhad - First Quarterly Loss
21/09/2022  MAYBANK Top Glove - 1st Quarterly Loss Since Listing in 2001; Outlook Remains Challenging
21/09/2022  KENANGA Top Glove Corporation - In the Red in 4QFY22
21/09/2022  JF APEX Top Glove Corporation Berhad - Ended in Red
21/09/2022  HLG Top Glove - Widening Losses
21/09/2022  AmInvest Top Glove Corp - Too early for near-term turnaround prospects
20/09/2022  AmInvest Top Glove Corp - Dipped into red!
07/09/2022  KENANGA Gloves - 2QCY22 Report Card: Flooded With Capacity
17/08/2022  HLG Traders Brief - Heading Towards Stiff Resistance at 200D MA Near 1,531 Levels
08/07/2022  HLG Gloves - Times of Adversity
08/07/2022  BIMB Rubber Glove - Challenges Emerging
23/06/2022  KENANGA Gloves- Oversupply to Persist
20/06/2022  AmInvest Top Glove Corp - ASP under siege, tightrope walk for gloves
13/06/2022  JF APEX Top Glove Corporation Berhad - Remains Pessimistic
10/06/2022  KENANGA Top Glove Corporation - 9MFY22 Below Expectations
10/06/2022  HLG Top Glove - Slipped Into Red
10/06/2022  BIMB Top Glove - Cost Pressure a Bane
10/06/2022  AmInvest Top Glove Corporation - Results disappointment, ASP pressure persists
12/05/2022  PUBLIC BANK PublicInvest Research Headlines - 12 May 2022
29/04/2022  PUBLIC BANK PublicInvest Research Headlines - 29 Apr 2022
05/04/2022  KENANGA Rubber Gloves - Sliding to Pre-COVID ASP and Margin Levels



  66 people like this.
 
rchi Post removed. Why?
23/03/2023 7:51 PM
rchi Post removed. Why?
23/03/2023 7:52 PM
rchi Post removed. Why?
23/03/2023 7:53 PM
StingRay TopGlove... even shortist are a little afraid to short today. Haha.
23/03/2023 8:02 PM
telusdansuci All I have to do is to dream 7113 above Rm 1.10 by tomorrow . Always dream boleh dan tetap boleh .
23/03/2023 10:35 PM
FabioDulan See the result yourself
https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=7113

Since making huge losses of 332millions in the last 2 quarters , its NTA has been dropping from 0.70 to 0.68 then now 0.66

So many gloves and glovemakers in the world now. You still think such companies can make profits or just losses until banklap?
24/03/2023 7:15 AM
FabioDulan Long term debts: 364,333,000
Short term debts: 67,930,000

Total debts: 432,263,000
Latest cash balance: 345,134,000

Net debts of -87,129,000

Still making huge losses per quarter and NTA keeps falling also
24/03/2023 7:28 AM
FabioDulan See the press release also...

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=222879&name=EA_FR_ATTACHMENTS
The Group’s financial performance continued to be impacted by headwinds which have weighed
heavily on the glove industry. Destocking activity persisted, driven by excess customer inventory,
resulting in a softer order book. Aggravating the situation was the ongoing glove oversupply situation,
combined with a lack of customer urgency to place orders in light of shorter delivery times from lower
manufacturer utilisation. Meanwhile, rising production costs which the Group was unable to share out
with customers owing to moderating ASPs, also contributed to the muted financial results.
24/03/2023 7:31 AM
fakemyname you forgotton the rules in bursa. loss QR PN17 stocks will fly. good profit stocks will slump. remember. just enjoy the ride. COVID-23 begins.
24/03/2023 8:01 AM
StartOfTheBull Gamblers presume loss making companies will make profit in the future whereas profit making companies will make losses in the future.
24/03/2023 8:15 AM
telusdansuci My investment plan is base on companies long term fundamental and don't base on news or emotion as long as the companies continue doing business as usual . Nobody know what is going on in the future . Maybe from a loss making company can be a money making company . I always dream 7113 boleh dan tetap boleh .
24/03/2023 8:23 AM
123eztrade new virus
24/03/2023 8:44 AM
bingoman today glove what trend?
24/03/2023 8:46 AM
wakarimas uptrend
24/03/2023 8:55 AM
fakemyname only upwards and exceed the MAYBANK. 7113 Dream is back.
24/03/2023 8:55 AM
Michael Kwok Sell call topglov 1-1.05
Tp 80 cents range
24/3/23 9.35am
24/03/2023 9:34 AM
PureBULL ... pls HELP sifu Rchi,
he masuk JAIL for 14 days.
24/03/2023 10:19 AM
rannytkk coming coming
24/03/2023 10:21 AM
telusdansuci Small profit taking only nothing to be worry about . Afterward should rebound back .Just be patient . Kaunter yg boleh tetap boleh .
24/03/2023 10:24 AM
hendrycheah Hopefully we can pass 1.05 resistance today
24/03/2023 10:24 AM
telusdansuci Now the trend is way up Way down . One step down three steps up . Need patient ignore emotion . Always dream boleh you will boleh .
24/03/2023 10:28 AM
kl_guy yesterday IDSS shorties estimated loss around 200k-400K .
Can the shorties make back the money today ?
24/03/2023 10:38 AM
rannytkk 1.05 go go go
24/03/2023 10:38 AM
VincentTang Sold all Topglove at 1.04.
24/03/2023 10:41 AM
hendrycheah Looking at the trading volume for the pass week..obviously some shark is accumulating... Technically a classic uptrend indication with passing MA200 and a Golden MA Cross
24/03/2023 10:46 AM
telusdansuci Don't influence by negative thinking people when came to stocks investing . Stick to your own decision or dreams . Jadi seorang pelabur bijak dan sentiasa dream boleh dan tetap boleh . Master our mind how to dream .
24/03/2023 11:01 AM
BuildBackBossku Nicela, breaking RM1 alrdy. Shorties continue to bleed
24/03/2023 12:04 PM
valueinvestor33 Shorties position at nearly 2% to 2.2%….equivalent to 170 millions. Judge yourself
24/03/2023 1:21 PM
valueinvestor33 Highly possible to have short term pullback next week.
24/03/2023 3:49 PM
fakemyname Remember, only poor QR will fly. this is our unique bursa.
24/03/2023 3:55 PM
PureBULL ... PureBULL >>>, [2023-03-23 5:20 PM]
https://klse1.i3investor.com/blogs/kianweiaritcles/2023-03-23-story-h-275233743-From_Facebook_intern_to_TikTok_CEO_Who_is_Singaporean_Chew_Shou_Zi.jsp

PureBULL >>>, [2023-03-23 6:17 PM]
he was from world # 1 gangster school, Harvard opens big doors to his career n biz.
being rich n famous, his wife n he r giving back to that school.

https://www.cnbc.com/2023/03/23/watch-live-tiktok-ceo-testifies-before-house-committee-as-potential-us-ban-looms-.html

PureBULL >>>, [2023-03-24 3:31 AM]
tg announced a recent horrible QR with a BIG > RM 1 million loss per day for all 90 days of the last QR.
then glove stocks rebounded handsomely till now.

this super run up is all due to the magical words of ts i.e. increasing ASP.
tg from 70 went up non.stop to 105, i.e. 50% profit from a shout out.

price < 101 = DC on 2 hr macd for tg.
let's watch for a nice HL pt at abt its next GC.,.

but ts must prove n assure all stock players that
Increasing ASP is the real FACT for glove biz to embark on a recovery journey.

IF not, eat.energy again.,.

https://www.tradingview.com/x/CcTbAHcv/
24/03/2023 4:40 PM
EatCoconutCanWin Totally is a traps, don't know who, don't know why, it happens when I buy in 1.02. crap
24/03/2023 5:42 PM
nicky After 4pm heavily dump .but volume RM1.00 and above contribute over 70% of the vomue. haiz .. hope rebound next week
24/03/2023 5:47 PM
valueinvestor33 It will go through consolidation before it can retest 1.05 in near future.
24/03/2023 6:23 PM
valueinvestor33 Unavoidable to see some pullback before it can go higher and higher again.
24/03/2023 6:24 PM
valueinvestor33 Avoid chasing high. More people will choose to sell rather than buy especially around 1 to 1.05 zone
24/03/2023 6:34 PM
valueinvestor33 More than 50% surge within short period. Not necessarily a trap for everyone of course.
24/03/2023 6:36 PM
valueinvestor33 Some are still seating on solid return. Just wait patiently
24/03/2023 6:38 PM
EatCoconutCanWin Another scam , I need to average again.. haiz
24/03/2023 6:44 PM
$$ BUYSELL $$ look like coming down, So anything up must come down. it start goreng from 0.69 cents to 1.04 and now 0.955..
24/03/2023 7:36 PM
rr1688 Marburg virus infections on the rise...
24/03/2023 10:46 PM
yfchong Monday can get blood bath...........? (0.5 cup, 0.75cup or 1 cup).... let's see
25/03/2023 8:44 AM
telusdansuci Biasalah shares market ada naik ada turun .Tekan ia jatuh dan kemudian beli balik . Duit siapa tak mahu . Next week tengok baru tahu confirm atau tidak samada naik atau turun . Belum tengok belum tahu . Semua orang pun pakai guessing saja . Bila turun , turun punya cerita dan bila naik, naik punya cerita . Boleh dan tetap boleh 7113 .
25/03/2023 10:37 AM
yfchong Sir Ularsawa.... no longer in this forum...?
25/03/2023 11:22 AM
feikeiwong Maybe this is karma
25/03/2023 3:25 PM
fudoudou The 2023 market has already begun to deploy before the Fed actually raises interest rates, and the market has begun to change. How can investors seize the current opportunity in 2023 and clarify their investment direction?

The market is changing, there are thousands of stocks, can you see the appearance of soaring stocks?

According to the market data this year, it has been proved that all industries are now recovering
Markets are pushing for a tight economic recovery
Who can become the biggest winner of economic growth again in the boom of global economic recovery?

Those who don’t have time to do analysis also have a set of investment methods that suit them, and they also have ways to understand information that others don’t understand~ Hurry up and PM011-1929 2291, consult a teacher for more guidance and more practical stock operation strategies! Grasp the best entry Opportunity, hand in hand with investors on the road to profitability! Share dry goods every day.
25/03/2023 3:50 PM
pang72 Every IB shouted sell call, retailers read as buy call..
What is next week to be? Haiz....
25/03/2023 7:49 PM
Income Ular Sawa Sir, joined monastery a few months back. We respect his decision to devote his full time to monastery life.


Posted by yfchong > 10 hours ago | Report Abuse

Sir Ularsawa.... no longer in this forum...?
25/03/2023 10:18 PM
pang72 Everyone miss ular very much including me.
Hopefully, he can be back to hengyuan forum be the referee.
You look at the HRC forum. Gaduh lagi.. Karma, bankrupt, die crossing road again.. Adui



26/03/2023 10:17 PM
pang72 Next week excited moment for glove lover to escape.that all I can say
26/03/2023 10:19 PM

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328  403  544  995 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 REVENUE 0.275-0.025 
 CFM 0.275-0.075 
 AT 0.010.00 
 TOPGLOV 0.955-0.065 
 DNEX 0.59+0.03 
 HONGSENG 0.125-0.01 
 MYEG-C4E 0.06-0.015 
 CAREPLS 0.32-0.015 
 MYEG 0.735+0.025 
 FITTERS 0.080.00 
PARTNERS & BROKERS