Author Topic: Top Glove - I wanted to LAUGH - Drop out from Top 30 market cap  (Read 2745 times)

Offline The-Keyman

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Top Glove - I wanted to LAUGH - Drop out from Top 30 market cap
« on: January 09, 2019, 03:47:40 PM »
Aiyo.............

Paiseh...............

Just selected as KLCI 30 linked index counter, less than 30 trading day already dropped out from the range

Now only ranked at No.32 in term of market capitalisation

 :D :D :D :D :D :D :D :D :D :D
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Offline jjwong

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Re: Top Glove - I wanted to LAUGH - Drop out from Top 30 market cap
« Reply #1 on: January 09, 2019, 04:08:46 PM »
GLOVE makers are now considered GROWTHED company
the numbers of productions lines are reaching parabolic level.
you cant expect production lines tpo double from now for next 5 years
and given limited growth, PE of 30 or 40 is very risky
"The only conquests which are permanent and leave no regrets are our conquests over ourselves"    Quote from Napolean Bonaparte

Politicians like to rally the masses to stage conquest  against "the enemy",  the real intent is  actually...$ $

Offline jjwong

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Re: Top Glove - I wanted to LAUGH - Drop out from Top 30 market cap
« Reply #2 on: January 09, 2019, 04:20:46 PM »
GLOVE makers are now considered GROWTHED company
the numbers of productions lines are reaching parabolic level.
you cant expect production lines tpo double from now for next 5 years
and given limited growth, PE of 30 or 40 is very risky

T0PGLOVE AND HARTA are preparing for VS-type of dance sequence tomorrow.
"The only conquests which are permanent and leave no regrets are our conquests over ourselves"    Quote from Napolean Bonaparte

Politicians like to rally the masses to stage conquest  against "the enemy",  the real intent is  actually...$ $

Offline jjwong

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Re: Top Glove - I wanted to LAUGH - Drop out from Top 30 market cap
« Reply #3 on: January 09, 2019, 04:29:45 PM »
what is VALUE-TRAP?
Investors buying stock because it is cheap.
PE = stock price / eps     = 1.00/0.1=10
but that was previous quarter earning
If the new qtr earning drop by 50% because of President  DUMP tariff war with China
PE changes from 1.00/0.5 =20
"The only conquests which are permanent and leave no regrets are our conquests over ourselves"    Quote from Napolean Bonaparte

Politicians like to rally the masses to stage conquest  against "the enemy",  the real intent is  actually...$ $

Offline jjwong

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Re: Top Glove - I wanted to LAUGH - Drop out from Top 30 market cap
« Reply #4 on: January 09, 2019, 04:38:36 PM »
GLOVE makers are now considered GROWTHED company
the numbers of productions lines are reaching parabolic level.
you cant expect production lines tpo double from now for next 5 years
and given limited growth, PE of 30 or 40 is very risky

T0PGLOVES did not drop from 12 rgt.
Actual level is 5.75 after bonus issue on OCT 2018
drop actually is  from 5.75 to 4.75
so far so good, not reach  30-50 % drop as happen in VS
"The only conquests which are permanent and leave no regrets are our conquests over ourselves"    Quote from Napolean Bonaparte

Politicians like to rally the masses to stage conquest  against "the enemy",  the real intent is  actually...$ $

Offline The-Keyman

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Re: Top Glove - I wanted to LAUGH - Drop out from Top 30 market cap
« Reply #5 on: January 10, 2019, 04:22:56 PM »
Today dropped again............ :clap: :clap: :clap:

Now already ranked at No.33 in term of market cap...........

Soon to be kicked out KLCI Top 30 Linked Index.................... :D :D :D
“The-Keyman” do not make any representation or warranty as to its accuracy, completeness or correctness and also accepts no liability whatsoever for any direct or consequential loss arising from any use of this forum or further communication given in relation to this forum