1 person likes this.
4 comment(s). Last comment by Lukey_Greek 2020-09-29 22:53
Posted by Mrinvest0r > 2020-09-29 12:33 | Report Abuse
Seriously, how would that look on his social credit score ?
Posted by Lukey_Greek > 2020-09-29 22:47 | Report Abuse
He got the right valuation model for glove counters at this super growth period. Just two points to add:
1) this high profit period will last at least 2 years, as backed by the order in hands till 620 days
2) the price to assets is overstated, as 50% profit will be given back to shareholders as per dividend policy.
So nett nett it’s come back to the total valuation given by Sifu, ie around 30+b
Posted by Lukey_Greek > 2020-09-29 22:53 | Report Abuse
That’s also the reason why Top Glove boss wanna support at current share price through share buy back, in order for him to dispose his stake in the company through listing in HK, just like how he disposed 5% of his shareholding via secondary listing in Sinagapore back in 2016.
The share price dropped right after the secondary listing in Singapore.
No result.
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CS Tan
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Hungerr
162 posts
Posted by Hungerr > 2020-09-28 23:49 | Report Abuse
rubbish article.ive seen him do U turn on his words right after he give bad valuation on gloves and the share rises.poor investor panic sold