Friday, January 14, 2011

TopGlove - drop to a level I think we can pick up now

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.

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