I was surprised by how far it went in such an expansive mood. Wow, I really wonder if it has the rally strength to break 1.0 today (If it doesn't expect below 0.80cts soon). The algorithm projected a strength of 128% above 1.0, I am not a doubter.

Let's see how far priced-in fundamentals can push for. The rally in TG is nothing but outstanding and justified.

@YY I don't want to apply speculative views, only looking at it based on the fundamental that was shared by the company during its QR release. The only factor that interest me the most was in the Easing Supplies - Rising Average Selling Prices - Easing Material Costs. As for the technical, above 1.00 is assured since fundamental has strong price-in effect.

Now turning TG together, let's see if it breaks 1.00.

Happy Trading John!

John, remember when we traded Beta at near 0.50? Top Glove seems to be carrying all the bullish sentiment, pushing headwinds like a superstar. It's as if the entire bourse were charm by its bullish breakout!

You're welcome Stanley, I hope the information imparted benefits you.

John, I've it at 0.68, 1 and a half pt under you. :)

Happy Trading

Good day John,

Where moneymaking opportunity lies, I am always there. Let's win this one beautifully ;)

Few key factors involved;

1: Rising ASP
2: Low material cost
3: Easing glove supply

You filled in the remaining dots.

Stanley, you are missing the point. If you look at the losses, you are not looking at the business's operational performance at present. Re-read again from the QR and in the IR letter. I posted it here so you and the others don't have to open the pdf.

Hopefully, raw material prices continue to ease. This way, the raised ASP would benefit TopGlove greatly. For now, current fundamental are greatly empowered by the rise of its ASP and interim easing of its RMP. Way to go, keep at it TopGlove.