Posted by Andre Kua > 2021-03-09 07:32 | Report Abuse

This is why I applaud TG for being upfront about ASP. In their HKEX prospectus, TG detailed possibly ASP returning to normal somewhere around 2022 (not sure Q1, Q2, Q3 or Q4) but it is going to happen sooner or later.

Posted by CynicalCyan > 2021-03-09 21:59 | Report Abuse

https://www.theedgemarkets.com/article/top-gloves-fair-value-could-surpass-rm110-affin-hwang-says

Posted by pjseow > 2021-03-09 22:45 | Report Abuse

Andre , the ASP will come down.gradually to normal level in 2025 or 2026 based on.Frost and Sullivans Research which was.commissioned by Topglove.

Posted by alphajack > 2021-03-10 07:24 | Report Abuse

ASP decline 30-35% alrdy a huge signal there. And we care about forward looking bottomline. By hitting peak early, how will you expect share price to back up. Reflect on this and learn more, children

Posted by thesteward > 2021-03-10 07:38 | Report Abuse

Indeed agree with you

Posted by CHONG Kong Hui > 2021-03-14 15:44 | Report Abuse

POSSIBLE HKEX listing be call off ?
At RM5.30 level, investor to be prepared for a 20% paper loss in next 12 months