3 people like this.

6 comment(s). Last comment by Sephy 2016-12-19 05:04

Sephy

692 posts

Posted by Sephy > 2016-12-18 18:54 | Report Abuse

I believe the thing you are missing are a few unexpected events, mainly, the price war, 24% hike in natural gas tariff, 11% rise in minimum wage. So maybe they are not lying... but to say that the decline in margins are mainly due to forex gain may also be unreasonable. Thanks for the good article though!

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-12-18 19:10 | Report Abuse

who did not tell the truth?

I think Top Glove has been very transparent.

Junichiro

2,039 posts

Posted by Junichiro > 2016-12-18 20:09 | Report Abuse

The same reasoning applies to palm oil plantation companies. But times now favour exporters. Of course, nothing last forever. Most investors are short term players.

PlsGiveBonus

3,749 posts

Posted by PlsGiveBonus > 2016-12-19 01:07 | Report Abuse

Don't break my rice bowl can or not
:)
I want to make some money only

Sephy

692 posts

Posted by Sephy > 2016-12-19 05:04 | Report Abuse

Make money?
:)
You are the one that say topglove target price 3.50 lol
You are indeed a funny guy.

Sephy

692 posts

Posted by Sephy > 2016-12-19 05:04 | Report Abuse

@PlsGiveBonus

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