Feb 14 2021, 06:24 PM
QUOTE(SgtScoop @ Feb 14 2021, 05:58 PM)
Nobody knows what's going to happen in the future. I'm invested in Top Glove but market conditions are the same across the glove makers. The experts are predicting glove demand to remain high through 2023 and then to stabilise at much higher levels than pre-pandemic.
I'm holding Top Glove for the dividends. I'll reevaluate the situation in 2023.
With a P/E of 7, I think the price is cheap.
Gloves demand post pandemic will be higher than pre-pandemic. however, due to supply>demand, asp price will be cheaper than before like face mask.I'm holding Top Glove for the dividends. I'll reevaluate the situation in 2023.
With a P/E of 7, I think the price is cheap.
topg daily share price movement is often greater than dividend payment; holding for dividend may or may not be profitable.
This post has been edited by icemanfx: Feb 14 2021, 06:58 PM
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