Analyst Reports

15 Oct 2018 - The Star Online
TOP GLOVE CORP BHD By UOB Kay Hian Research Sell Target price: RM8.20 UOB Kay Hian Research said Top Glove’s fourth quarter FY18’s core earnings fell 9% quarter-on-quarter (q-o-q) but rose 26% year-on-year (y-o-y) compared with its earlier expectations of a q-o-q improvement. “This brought FY18 bottom ...
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Eye on Stock, Top Glove Corp

13 Oct 2018 - The Star Online
DESPITE the one-day plunge on July 9 that saw Top Glove Corp Bhd (code: 7113) lose about a quarter of its value, the stock has pushed back against the 200-day simple moving average (SMA) and kept moving forward with a bulish bias. There was a strong rebound following the decline and the stock managed ...
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Affin Hwang maintains buy on Top Glove, TP at RM12

12 Oct 2018 - The Star Online
KUALA LUMPUR: Affin Hwang Capital Research said Top Glove Corp Bhd 's latest quarterly results came within its and consensus expectations. The glovemaker's PATAMI for FY18 grew 32% year-on-year driven by sales volume growth of 26% and improving efficiency. The research house said Top Glove was able ...
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Top Glove Q4 net profit at RM101mil, dividend 10 sen a share

11 Oct 2018 - The Star Online
KUALA LUMPUR: Top Glove Corp Bhd , which saw its net profit rose 7.51% to RM101.59mil in the fourth quarter ended Aug 31, has declared a final dividend of 10 sen per share. The glove maker said the latest dividend would bring the total financial year ended Aug 31, 2018 (FY18) dividend payout to 17 sen ...
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Low removed as Top Glove executive director

11 Oct 2018 - The Star Online
PETALING JAYA: Low Chin Guan has been removed from his role as executive director of Top Glove Corp Bhd . According to a Bursa Malaysia filing, Low’s removal followed an 89% vote in favour of the move at the group’s extraordinary general meeting (EGM) yesterday. Low was a director of Aspion Sdn Bhd, ...
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Top Gloves removes executive director Low Chin Guan

10 Oct 2018 - The Star Online
KUALA LUMPUR: Shareholders of Top Glove Corp Bhd has approved a resolution removing Low Chin Guan as director of the company with immediate effect. Low was made a director of Top Glove following the company's acquisition of Aspion Sdn Bhd from him in April 2018. Upon discovery of irregularities in Aspion's ...
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Top Glove to perform better in Q4 FY18 on lower raw material prices and stronger US dollar

3 Oct 2018 - The Star Online
KUALA LUMPUR: Top Glove Corp Bhd is expected to turn in an overall better set of results for its fourth quarter financial year 2018 (Q4 FY18) amid the legal dispute the glove maker is embroiled in. UOB Kay Hian on Wednesday said it expect a better overall performance with quarterly revenue coming in ...
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Top Glove expected to deliver decent Q4 earnings

28 Sep 2018 - The Star Online
KUALA LUMPUR: Top Glove Corp Bhd is expected to deliver decent 4Q18 results underpinned by new capacity and margin expansion from the weakened ringgit-to-dollar exchange. Kenanga Research said the glove manufacturer is expected to beat its and consensus full-year forecasts and raised its FY18E/FY19E ...
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Top Glove shares pare losses

1 Aug 2018 - The Star Online
They open sharply lower following setback in legal action against ex-owners of Aspion PETALING JAYA: Shares of Top Glove Corp Bhd managed to pare losses and end in positive territory after opening sharply lower following a setback in its legal action against the former owners of surgical glove specialist ...
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Top Glove rebounds, underpins KLCI early Tuesday gains

10 Jul 2018 - The Star Online
KUALA LUMPUR: Top Glove staged a mild rebound to lead the FBM KLCI higher early Tuesday amid a firmer broader market while rising crude oil prices lifted oil and gas stocks. At 9.12am, the KLCI was up 7.43 points or 0.44% to 1,680.06. Turnover was 105.77 million shares valued at RM105.77mil. There were ...
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