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hi Stiven. topglove now price is on high side. strongly recommend not to enter. the raise of minimum rm1200 will increase a little bit of the cost. my target price is RM 3.5 which I think will be on 4th quarter 2019 or 1st quarter 2020.
agreed with Tay. better still if the exchange rate goes down below 4.0 by that time. capacity expanded, favourable exchange rates and attractive prices.
PE 太高。Lim Wee Chai 毋庸置疑是手套王，他在手套业吃盐多过我们吃米。不过他们的管理成我相信对股市没有那么擅长，股市变化莫测。如果下个季度报告还是没有呈现增长，怎样？市场，散户，公积金，外资会怎样看待。还有半路杀出来的好坏消息。会怎样影响股价。要赚厚肉，一定要有十足的抱握，就是股价要够低。
Be patience, guys. Is almost there but not quite yet. Wait a range of price show side way for atleast 1 to 2 weeks then enter still not too late. Eye on the comjng qr and global issue.