1 person likes this.
6 comment(s). Last comment by Michael R. 2022-09-19 19:48
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..
No result.
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CS Tan
4.9 / 5.0
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....
newbie8080
2,768 posts
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.