Top Glove, At 10-Year Low Of 83 Sen, Steeply Undervalued But Fundamentals Still Strong


Official URL: https://www.nst.com.my/

Abstract

Top Glove did not launch any mega expansion projects in FY2020, when glove prices were high. This strategy enabled the company to avoid unnecessary capital expenditure and keep costs to a minimum during the current difficult times. Many smaller second and third-tier glove companies are not expected to survive this downward trend in the glove industry.

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Item Type: Newspaper
Uncontrolled Keywords: Top Glove, Business, Undervalue, Market, Employee's Provident Fund (EPF), Stock
Subjects: 600 Technology > 680 Manufacture for specific uses
Business
Campuses: Johor > Segamat Campus
Divisions: Faculties > Business Management
Newspaper: New Straits Times
Date: 29 August 2022
Depositing User: Siti Nornafiza Katmidi (Puncak Alam)
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