【TOPGLOV 7113 交流专区】顶级手套

tan81

这是精华。版主应该为自己加分。
第一点，是个非常好的论点。记得在2004年，我的大学教授（英国人）就说了，未来最好的前景不是制造业，而是和环保有关的行业。因为地球资源有限，人类始终需要生产环保的产品。现在，我们看见的全球暖化，和开始有许多绿色企业了。Shell Refining 都有给股东环境评估的报告。企业正走向绿色生产。
如果天然手套有此优势，一定会比人造胶的市场占优。
谢谢生意兄分享自己的看法。
我也考虑投资Topglove。

Mr.Business

原帖由 tan81 于 23-2-2008 10:08 PM 发表
这是精华。版主应该为自己加分。

欢迎你向Kitkat版主讲讲。小弟不好意思为自己加分。。。

cct2048

原帖由 Mr.Business 于 22-2-2008 10:49 AM 发表
Top Glove终于跌破RM５了。。。

TOPGLOV
(7113) 10:32:27
Last Done        4.980
Change        -0.070
Day High        5.050
Day Low        4.980
Best Buy        4.980
Best Sell        5.000
Volume(Lot)        382

图很美
很震撼

cct2048

卖压好大
有机会下滑到 RM4.50



[ 本帖最后由 cct2048 于 23-2-2008 11:01 PM 编辑 ]

Mr.Business

手套业的前景。

1. 手套会不会被新发明取代？
我个人是觉得不会，而且手套的价钱这么便宜。。。制造手套的技术应该是很简单，也不需要很先进的科技/机器，因此Top Glove的capital expensure不会太高。而且手套业已经经过血战，小厂家大多被淘汰，也没有新人敢进来，所以我想市场多是由大厂控制了。

另外，我认为随着生活水准的提高和人们日益重视卫生，手套的使用量会越来越大。

2. 天然胶和人造胶 (plastic)
我个人认为天然胶手套的优势较大，原因之前我也讲过了。

－－天然胶手套是bio-degradable，而人造胶手套不是，所以天然胶手套不会破坏环境。

－－天然胶手套比人造胶手套便宜很多。
"Nitrile Powder Free gloves are 20 percent to 25 percent more costly than Powder Free Latex Gloves."

－－而且，天然胶是从rubber tree取得，而人造胶plastic是石油产品。Rubber tree不会死完，石油却会用完。

就算最后人造胶手套占优势，Top Glove一样可以生产人造胶手套。手套是商品来的，只有在价格取胜，Top Glove可以做天然胶手套的lowest cost producer，人造胶手套一样可以。其实手套的利润不高，反而让新竞争减少，现有厂家的生存空间较大。

悶蛋

其實我也看好天然膠,
環保是一個原因,
成本也是一個問題,
更重要的是萬一真的只能用人造膠,
大不了就改嘛,生意兄都說完了,
是英雄所見略同,
還是我們都一樣自我安慰
更重要的事我的平均價暫時比生意兄低,
真的完蛋了虧損也比他少
可是石油本來就已經不夠用了,
手套業確定要混這趟水嗎

invest_klse

原帖由 江湖 于 23-2-2008 01:52 PM 发表
讲rm4.50 要买入的人。。。如果真的到了4。50， 你真的敢买进?

我买。
。。。我只怕它跌不到这个价。

还有。。。可能在它跌到RM4.50之前，我已用完手上的钱买别的股票了。
(最近很多股票大减价，看了真让人心动。)

invest_klse

原帖由 Mr.Business 于 23-2-2008 11:21 PM 发表
2. 天然胶和人造胶 (plastic)
我个人认为天然胶手套的优势较大，原因之前我也讲过了。 ...

不是故意唱反调。
我觉得，两者势均力敌。


我个人倒是看好人造橡胶。
不过，这纯粹是我的直觉。

悶蛋

原帖由 invest_klse 于 25-2-2008 08:47 AM 发表


我买。
。。。我只怕它跌不到这个价。

还有。。。可能在它跌到RM4.50之前，我已用完手上的钱买别的股票了。
(最近很多股票大减价，看了真让人心动。)

我也是这么想，吸引人的真的不少，
火滚就不用高息股来防守，
全用在反向股上好了:@

Mr.Business

原帖由 invest_klse 于 25-2-2008 08:52 AM 发表
不是故意唱反调。
我觉得，两者势均力敌。


我个人倒是看好人造橡胶。
不过，这纯粹是我的直觉。

请分享你看好人造橡胶的理由。谢谢。

scsiang82

RUBBER GLOVE

No worries

“Malaysia fights to clear the air over latex gloves”

Business Times has reported that Johns Hopkins Hospital (JHH) in the US, which recently announced

that it may ban the use of latex gloves and other latex medical products on its premises. The hospital in

Baltimore, Maryland, has opted to become "latex-safe" by prohibiting the use of all latex gloves and

almost all medical latex products to prevent rare but severe allergic reactions, called anaphylaxis, that

could include wheezing, rapid heartbeat and a sudden drop in blood pressure. While such reactions

could be fatal, Johns Hopkins anaesthesiologist Dr Robert Brown - who also chairs its latex task force -

conceded that he knew of no fatalities at the hospital.

COMMENTS

Effects on local latex glove manufacturers? We believe this will not have material impact on

Malaysia’s latex glove manufacturers. We understand JHH’s main cause of concern on latex gloves

could be the perceived high protein content which is the culprit for allergies. Over the past 15 years,

Malaysian latex gloves authorities have developed a standard, namely SMG (Standard Malaysian

Gloves) program that render all manufacturers-exporters of natural rubber latex gloves to comply with

low protein residual before their gloves are qualified for export. For powder-free gloves, protein residual

is below 50 micrograms per decimeter and this is supported by various clinical testing that it will not

likely to trigger any allergy. Compared to powdered gloves (especially low end), the protein residual is

about 200 micrograms per decimeter which can cause allergy and therefore, only sold within the 3rd

world countries or used in non-medical field. Since such high protein content gloves are not exported to

the US and most importantly not to the medical field, there should not be any worry to Malaysian latex

glove manufacturers.

Synthetic latex gloves cost much higher than natural latex gloves. At the moment, natural rubber

powder-free gloves are selling at around US$26 to US$30 per 1,000 pieces. Synthetic latex gloves are

priced at about 30% higher than the top grade natural latex powder-free gloves and because of the

costs, we believe buyers would continue to use natural rubber gloves since the insignificant protein

content are still deemed safe.

Any other options? In a worst case scenario, if the US bans our natural latex gloves in entirety, we

reckon major glove producers are able to halt the manufacturing of natural rubber gloves and switch to

synthetic gloves as their plants and machineries are capable of doing so. Hence, impact may not be as

bad as one thought.

No change in earnings estimates. We remain OVERWEIGHT on the sector as we believe the impact

will be very minimal. The strong global growth of 10%-12% will remain a potent earnings catalyst for our

glove makers. Maintain BUY on Top Glove (TP – RM7.40), Supermax (TP – RM3.57) and Kossan

(TP- RM6.15).


[ 本帖最后由 scsiang82 于 25-2-2008 11:39 AM 编辑 ]

invest_klse

原帖由 Mr.Business 于 25-2-2008 09:14 AM 发表
请分享你看好人造橡胶的理由。谢谢。

paise。。。其实真的没有什么理由。纯粹是个人直觉。
如果真的要我给出理由，我需要一点时间去思考。。。

不过，如 Topglov所说，就算人造橡胶胜出，topglov也可以很轻易的把生产线转型去生产 nitrile glove。所以，latex glove 和 nitrile glove 之争应该对 Topglov影响不大吧？

invest_klse

对了，不知道 ＂Tillotson事件＂会不会对 topglov未来进军 nitrile glove 造成障碍？

Mr.Business

中国贵州再爆禽流感 钟南山：不会大规模爆发 2008/02/26 16:44:29
●南洋网

（广州26日综合电）中国各地陆续传出禽流感疫情，著名呼吸疾病专家锺南山表示，汕尾的禽流感疑似病例仅是局部现象，无迹象表明会大规模流行。但他认为，三月值得高度警惕。

广州呼吸疾病研究所所长钟南山说，雪灾后出现疾病扩散，流感、禽鸟发病率会增加，民众需要警惕。他指出，广东省地区出现逾20天持续低温的情况是比较罕见，回暖后，人类面对气温变化，抵抗力会降低。

他说：“在比较反常天气以后，都是疾病的高峰期，禽类的抵抗力同样会降低，禽类的流感增加，人类的流感都会相应增加，因此不管是跟家禽或野禽的接触，都需要减少。”他说2至6月是流感高峰期。

锺南山认为，目前，中国最近发现两例禽流感患者，不要轻视，应提高警惕，特别三月更要高度警惕。

另一方面，贵州遵义市正安县凤仪镇有近4千只家禽死亡，国家禽流感参考实验室今天确诊为高致病的H5N1禽流感疫情。农业部和贵州省启动应急措施，在疫区扑杀超过23万只家禽。农业部说，疫情已受到控制。

http://www.nanyang.com/index.php?ch=7&pg=11&ac=818152

scsiang82

Malaysia’s glove exports hit RM5.9b last year
By Ooi Tee Ching Published: 2008/02/25

MALAYSIA exported RM5.88 billion worth of rubber gloves in 2007, the fifth consecutive year of rising exports, despite challenges of profit erosion from the weakening US dollar and costlier shipping.

Malaysia maintained its position as the world’s biggest rubber glove exporter, churning out some 40 billion pieces last year.

“Last year’s rubber glove exports added another RM430 million to RM5.88 billion,” said Plantation Industries and Commodities Minister Datuk Peter Chin Fah Kui.

“This is a very good achievement considering our rubber glovemakers had to contend with the devaluing of the US dollar and costlier freight rates,” he told Business Times.



The rubber industry has been the pillar of Malaysia’s economy since colonial times and continues to contribute to export earnings, employment and income generation.

Spurred by the government’s industrialisation drive in the 1980s, Malaysia became the world ’s No.1 exporter of rubber gloves, catheters and latex thread.

In a separate interview, Malaysian Rubber Glove Manufacturers Association (Margma) president Oon Kim Hung expressed confidence of a reasonably good growth this year despite the impending price hike in natural gas.

Rubber gloves manufacturing is among the heavy users of natural gas.

An increase in natural gas pricing will hit manufacturers twice — once through natural gas and secondly via electricity tariffs — as the power sector is expected to pass through the added costs to industrial consumer s.

Asked how rubber glovemakers will cope with the prospective burden, Oon replied: “We ’ve submitted our appeal to the government to consider that any increase in gas prices be implemented on a staggered basis. ” “Rubber glove prices will go up as raw material and fuel costs escalate. Depending on whether all 48 Margma members are selling forward or via spot contracts, consumers are informed of costlier natural rubber and transportation and freight costs,” he said.

Another challenge lies in the possibility of the slowdown in the US economy having a negative impact on Malaysian exports.

Oon said American hospitals will continue to buy from Malaysia because medical gloves are a necessity.

“Even hospitals in developing countries like China, India and Vietnam are starting to buy our rubber gloves,” Oon said.

http://www.btimes.com.my/Current ... 0225230523/Article/

Mr.Business

小厂Ruberex亏损。。。

来百利第4季转盈为亏 2008/02/26 12:53:49
●南洋商报

（吉隆坡25日讯）来百利（Ruberex，7803，主板工业产品股）在截至2007年12月31日止的第四季内，蒙受214万7千令吉的亏损，前期为120万6千令吉的税前盈利。

来百利发表文告表示，它第四季的营业额则由前期的2千911万令吉，增加33.46％至3千885万令吉。

在截至去年12月31日至的财年内，来百利面对478万7千令吉的税前亏损，前期是820万8千令吉；其全年营业额则增加19.59％至1亿4千517万7千令吉，前期是1亿2千138万9千令吉。

Review of Performance

The Group achieved a turnover of RM38.85 million for the fourth quarter ended 31 December 2007 (2006: RM30.14 million), which is an increase of 29%. Group pretax loss was recorded in the current quarter at RM2.15 million compared with group pretax profit of RM2.10 million in the corresponding quarter of year 2006. The pretax loss is mainly due to the high raw material prices especially latex, the strengthening of the Ringgit against the US Dollar and start-up costs incurred by certain subsidiaries in Malaysia and China.

江湖

原帖由 Mr.Business 于 28-2-2008 11:41 AM 发表
小厂Ruberex亏损。。。

来百利第4季转盈为亏 2008/02/26 12:53:49
●南洋商报

（吉隆坡25日讯）来百利（Ruberex，7803，主板工业产品股）在截至2007年12月31日止的第四季内，蒙受214万7千令吉的亏损，前期为1 ...

坏消息来了， 手套业会不会借二连三的公布亏损呢？

悶蛋

我觉得如果要摊低本钱应该还要在等一等，
除了看看大环境的因素，
也看看顶级第二季的季报

scsiang82

原帖由 江湖 于 28-2-2008 01:08 PM 发表


坏消息来了， 手套业会不会借二连三的公布亏损呢？

可是kossan刚刚公布的成绩还是向上的。。。

Mr.Business

原帖由 江湖 于 28-2-2008 01:08 PM 发表
坏消息来了， 手套业会不会借二连三的公布亏损呢？

我觉得是小厂亏损，大厂最多是少赚。最后如果小厂受不了而被淘汰, 也是好事来的。