Great arit_老虎社区_美港股上老虎

2021-12-13

Great ariticle, would you like to share it?

@koolgal：$TOP GLOVE CORPORATION BHD(BVA.SI)$ Top Gloves earnings tumbled a massive 67% and its share price tumbled with it today! It cannot get any worse than this. Let's put things into perspective. Top Glove has faced a horrible year from the US embargo to Compulsory Factory Shut downs in Malaysia due to Covid 19. There are new entrants in the market and they are under pricing pressure. On the plus side, they are still profitable and as the largest glove manufacturer in the world, they have the capacity to meet demands should Covid-19 cases spike. Omicron, the latest variant has shown how vulnerable the world still is from the pandemic. Covid-19 is still around and looks like it is going to be endemic. I feel that the Management of Top Gloves is honest and handling things fairly well in the face of such trying conditions. The situation with Covid-19 is very fluid and there could be a flare up anytime. For these reasons I am confident that things can only get better from now for Top Glove. 2022 will definitely be a great year for Top Glove as it has a sizeable share of the US market. Go Long, Go Strong, Go Top Glove! That's my maxim. @TigerStars

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koolgal
2021-12-13
koolgal
Thanks

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