Top Glove Stock Forum

最爱精灵 : Maybe they are insiders or their relatives.
After all, this amount of Stocks isn't much for them.
To boost the stock price?

Followthebullet : this i agree.

Deep Sea : If you don't like Top Glove, u can sell your shares and don't need to come here and tell other people to sell. Your motive is very clear.

Deep Sea OP : Let's see whether I'm right in my analysis

Followthebullet : what about other country thst will get massive dump of chinese gloves. US need to normalise trade again as alot of company are doing “wait and see” approach

Deep Sea OP Followthebullet : Other countries can't reroute Chinese made gloves to USA to avoid the US tariffs. If get caught, they will face higher tariffs.

Followthebullet : what if not rerouting but rather absorb all chinese goods? US cant be the only consumer, although they are the largest, but. the rest of the country will have to absorb to please china. i think thats why glove not moving

Deep Sea OP Followthebullet : I believe other countries won't allow China to dump their goods to them. Why? They need to protect their domestic businesses' interests who also made the same things. Eg Malaysia, Thailand etc.

最爱精灵 : This is a disabled stock.

Deep Sea : Not true. The tariffs effect will be felt in the coming months by the Chinese glove makers. Who will want to pay 145% for Chinese gloves compare to 10% Malaysian gloves? It's a common sense logic. The stock price doesn't move up now doesn't mean it is not moving up in the near term. Big players could be waiting for more news and earnings report from Malaysian glove makers before making a big move. When it comes to investment, one must be patient. This is a waiting game. If you can't afford to wait, u can sell your tickets and other people will gobble up and make money. I'm not optimistic about US-China trade deal. It will drag for years and it might not happen. What we will probably see is a temporary truce with tariffs lower for China during the trade talk. But I don't believe the tariffs will lower to 10% like other countries. Why? USA wants to force a trade deal with China and use it as leverage for better trade terms to narrow their trade deficit. Even after a trade deal is reached, tariffs will still be imposed on China which might be lower than 145% but not 10%. Why? USA wants China to keep to their trade deal agreement.

Deep Sea : Take note that the Chinese did not stick to their trade agreement to buy soya beans from USA during the Pandemic.

Deep Sea 最爱精灵 : I don't delete my comments.

最爱精灵 Deep Sea :
I just want to earn points, so I delete my comments every few days.

103046862 : China containers are turning back and many US client cancelled China orders due to tariff. US will have to buy gloves from TopGlove!

Deep Sea OP 103046862 : ASEAN will benefit from the China-USA fallout. US customers will likely turn to ASEAN and other countries in Asia Pacific to import goods like consumer electronics, semi con chips, textiles, gloves etc.

Deep Sea OP 最爱精灵 :

Deep Sea OP 最爱精灵 : War is unlikely to happen. Mainly war of words.