Posted by newbie8080 > 2022-08-30 09:35 | Report Abuse

@Wan Mohd Farid Wan Zakaria
You are right that the stock is oversold currently.
However, you've missed a key point.
The glove biz is no longer an Oligopoly biz anymore. Even property developers can enter this industry in just 12-18 months, not to mentioned China's player ability to scale faster than anyone. Without any competitive edge or high barrier to entry, glove players are leaning towards monopolistic competition which doesn't demand a premium price to earnings. Besides that, most of the still relies heavily on manual labours which ESG rating could prove a challenge. Glove players are also price takers of raw materials which also makes them vulnerable. In summary, I believe you should focus on your academic skill set.

Posted by CharlesT > 2022-08-30 09:50 | Report Abuse

lol

Posted by probability > 2022-08-30 09:51 | Report Abuse

he he..nice one newbie8080

Posted by DickyMe10 > 2022-08-30 11:44 | Report Abuse

"a senior lecturer from Universiti Teknologi MARA (UiTM) has begged to differ by coming forward to endorse Top Glove Corp Bhd."
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Pity the students!

Posted by Michael R. > 2022-09-19 19:46 | Report Abuse

Hehehe... he forgot one thing.. if given 2 shares for every one... big guys would rather cashout and waiting the fund on the sideline... at maximum 2/3 of total NOSH then.. prices get adjusted for this..

Posted by Michael R. > 2022-09-19 19:48 | Report Abuse

Put additional rate for those CL for fear..