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It is considered high, almost -15 P/E because the company doesn’t make money and has too much debt to be healthy. One disaster and the company jia lat. people are only buying because it’s popular amongst Ikan bills traders and young adults because they are praying for another 9 ringgit covid spike to get rich quick. No other reason for the optimism. The US news realistically will not affect top glov sales much.
All share will drop or up everyday because have many people buy so much and sell so much to take profits.topglove is world number 1 biggest mask and hand glove company.