yongts
2022-03-08

$TOP GLOVE CORPORATION BHD(BVA.SI)$Do you all know 1) majority who sell are small holders recently.2) very negligible short sellers recently. 3)very small swing amid price drop.4) volume 6m+ (3month) 4.) Company cash flow solid due to making money all the time amid a hugh drop last quarter. 5). Risk: external risk ( political, cure for covid, war, climate changes affect rubber price, labour,oil prices, exchange risk,) most of this also affect their competitors. 6) they also pay consistent good dividend 7) someone is accumulating I believe mainly from small sellers. 

What do you all think the fair value of top glove should be? I personally feel that if it continue going down or stay at a small range too long (more than 6- 8 months) it could turned into value trap stock. Which I think highly unlikely as tp is highly traded all along. Anything reaches the bottom will bounce up unless it go bankrupt.  It is only time. Hope the time is very soon. Good luck everyone. 

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Comments

  • SPOT_ON
    2022-03-09
    SPOT_ON
    停止...yong u Chum...滴滴答答还是不切割
    • SPOT_ONReplyyongts: 
      叹息...👍👌
    • yongts: 
      我会保留股份，但威尔搬到其他更绿的牧场去。幸运的是从其他股票中赚一些来抵消。
    • yongts: 
      是啊。误读了潮流。没想到第二季度业绩比第一季度差。承认我错了。但它不是一个赔钱的公司。所以我仍然会留着那份。看看能不能盖住后背
  • Cjwee
    2022-03-10
    Cjwee
    No more dividend this qtr... not consistent anymore
    • yongts: 
      sad. our only chance are 1) look out for revive of listing in HK  2) any new development that boost up glove demand3)our wait a few more quarters for TG to build up revenue & profit.
  • SPOT_ON
    2022-03-10
    SPOT_ON
    all stocks cheong up.. top glove cheong down
    • yongtsReplySPOT_ON: 
      yes. I know. Australia and many country are increasing their defence budget . even Singapore.
    • SPOT_ONReplyyongts: 
      no point chasing if they had gone up substantially already....  like top glove once the hype gone... once russia war over.. peace...... defense stocks will plunge back again
    • yongtsReplySPOT_ON: 
      any potential stock that you can share with me? for me I am looking at tiger. gone down to opening level. gone down because of short sellers & people hitting Chinese share. any comment?.
    • yongtsReplySPOT_ON: 
      I also looking at arms and defence related sticks. any ideas?
    • yongts: 
      not going to waste time. already loss 5 digits. not going to put in any more money.although I think it has reached bottom.i will if I do not own any tp shares & not sure what to buy.
  • CcyInvestor
    2022-03-10
    CcyInvestor
    [Call][Call][Call]
  • LukeGott
    2022-03-09
    LukeGott
    oh
  • Victor y
    2022-03-09
    Victor y
    💪🏻
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