yongts
2021-09-16

$TOP GLOVE CORPORATION BHD(BVA.SI)$I just place a small order of 500 to disrupt the short seller. I alone cannot do much. Hope others can also do something  to push this stock up. Sorry have no bullet. Already invested 5 figures in this shares. 

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Comments

  • singheng
    2021-09-19
    singheng
    gonna take awhile to take off again... with msia current situations [捂脸]
    • AnaiAnaiReplyyongts: 
      share buyback is a waste of money. spent rm1.4bil at average rm7. now not even at half the price.
    • yongtsReplyyongts: 
      now no big institution buyers only institution short sellers. Co. must start to defence. there are many ways co. can do it. most common are 1) share buy back 2) dividend
      they did the dividend already
    • yongts: 
      nobody know how exactly how it will turn out . we can only make intelligent guess with datas we gather.My guess is look out for HK listing. Co. probably will see that price is higher then list
  • Dinesh88
    2021-09-21
    Dinesh88
    Dont waste time with this stock. I already pulled out long time ago. Focus on growing stock rather than following the hype.
    • yongts: 
      thanks for your advise.
  • HH浩
    2021-09-18
    HH浩
    From RM8 bil market cap, give its benefit of doubt that profit double, the normalised market cap should be RM16 bil. Still got rooms for price to adjust downward.
    • HH浩: 
      Net RM1.6 bil warchest can be put on good use instead of fighting the short sellers. It translates to 19 sen a share.
    • yongts: 
      you got a valid simplistic point. But looking at TG now & THEIR RESOURCES.Do you not think they will defence their share when big boss wealth down by half?they hv cash to do that.they going 4 listing
    • yongts: 
      They can use their cash to push the share price up.then list in HK. listing they will get back money as they sell share( higher).spend now & take back later.Big boss happy as his shares price increase
  • SPOT_ON
    2021-09-17
    SPOT_ON
    everyone just want to cut minimum loss and get out

    all the smart money and big funds already exit at peak last year

    • yongts: 
      big fund and smart money. never leave ,just at the side watching.That is why they want to go HK.2 list. remember to watch for changes in share ownership.Logic is all people is self interest. 
  • Alihuat
    2021-09-18
    Alihuat
    so what should be the play?? hold.. but hold for how long if thr big boys cobtinue to play???
    • yongts: 
      they probably will use their cash to push up d share.reason is they can get all back when they list in HK. HK listing is to get more big player. & the big boss happy as his wealth recovered.
    • yongts: 
      I am speaking for myself only. look out for HK listing.they hv resubmit.they holding mountains of cash which they can use to push up share. big boss loss 1/2 his wealth.certainly want to recover some
  • Greenhulk
    2021-09-18
    Greenhulk
    vaccination rate up and top glove going down .. the coorelationship
    • yongts: 
      vaccination by right should have a very strong correlation with glove usage. But now it is proven even when fully vaccinated,you still can be infected.In this respect it is reasonable 2 expect demand.
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