A friend called few days ago and asked about Top Glove - it has now dropped to RM5.20. Wow, did not know that. C'mon Top Glove is a fantastic stock. It has good management. They know how to build a winning company. It has dropped because of price of rubber has increased to an all time high.
TopGlove is a rubber glove company which has 30% of the glove market share. You should look at their performance over the last 10 years. Better than any of their competitors - Kossan, Supermax, Hartalega.
The price is now interesting. I am excited.
Friday, January 14, 2011
Intel - drops after announcing record profits
Headlines: Intel Soars To Record Earnings
But today it drops by another 1%. Mind boggling isn't it. I meant there you are an established company, already winning the PC, notebook war. trading at below 10x PE.
Do people really think that the PC market is dead? The way Apple created the buzz in the tablet industry, does create success in investor's thought that PC is a thing of the past. Amazing isn't?
But today it drops by another 1%. Mind boggling isn't it. I meant there you are an established company, already winning the PC, notebook war. trading at below 10x PE.
Do people really think that the PC market is dead? The way Apple created the buzz in the tablet industry, does create success in investor's thought that PC is a thing of the past. Amazing isn't?
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