Bursa Malaysia Stock Watch

TOPGLOV - Staying the course

kltrader
Publish date: Fri, 16 Mar 2012, 03:44 PM
kltrader
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Top Glove; Hold; RM4.80
Price Target: RM4.80; TOPG MK

2Q12/6M12 results in line; earnings led by volume growth and lower latex prices. Increasing automation to improve efficiency. Maintain Hold and RM4.80 TP.

Source: HwangDBS Research - 16 March 2012
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