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Top Glove Sdn Bhd (TGSB)
Broker's Calls
Maybank downgrades Top Glove to ‘sell’ as share price has outpaced its fundamentals
Analyst Wong Wei Sum still expects the company to be loss-making in FY2024. Top Glove is expected to see profitability in FY2025.
December 21, 2023
Results
Top Glove reports RM926.6 mil loss in FY2023
The loss comes after the group's earnings of RM225.6 million in FY2022.
October 06, 2023
Broker's Calls
Broker's Digest: Top Glove, Singapore Airlines, Sembcorp Industries, Frasers Centrepoint Trust, HRNetGroup
Here's what the analysts have to say this week.
September 23, 2022
Broker's Calls
CGS-CIMB lowers Top Glove's TP to 50 sen as it sees 'tough times' ahead
Top Glove's current valuations have yet to fully account for its weak near-term earnings prospect: CGS-CIMB
September 21, 2022
Results
Top Glove reports $16.3 mil loss in 4QFY2022 amid slowdown in orders, lower ASPs
The group has also announced that it intends to conduct share buybacks of up to 10% of its issued and paid-up capital.
September 20, 2022
Broker's Calls
CGS-CIMB lowers Top Glove's TP to RM1 after record-low quarterly profits
CGS-CIMB has also lowered its EPS estimates for FY2022 to FY2024, says "worst is not over".
June 10, 2022
Results
Top Glove sees 99.2% plunge in 3QFY2022 earnings of $4.8 mil upon normalisation
The decline is also attributable to the high base in the same period the year before when the pandemic was at its peak.
June 10, 2022
Covid-19
Top Glove stock jumps by 30% amid Omicron variant concerns
Top Glove Corp. jumped as much as 30% in Malaysia, adding to Friday’s gains of 17%.
November 29, 2021
Results
Top Glove reports record quarterly revenue for 2Q21, pays dividend of 25.2 sen per share
Shareholders can expect to receive their dividends on April 6.
March 09, 2021
Global stocks
Glove stock valuations hit rock bottom after US$6 bil rout
The slump is a far cry from months ago when glove stocks became one of Asia’s hottest trades.
February 25, 2021