VictorChan07
2021-08-25

$TOP GLOVE CORPORATION BHD(BVA.SI)$Glove ASP going up!

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Comments

  • yongts
    2021-08-25
    yongts
    I believe ASP for glove and other rubber related are going up and it is due to higher transportation and higher raw rubber price. it might not translate into higher profit.Good for big player like TG.
    • yongtsReplyVictorChan07: 
      ASP must go up for Top glove to maintain or make more profit because other expenses( raw material & transport) are up and also provided volume remain the same.
    • VictorChan07: 
      As long as Current Asp don’t decline the profit is very good for big glove players already, you can check their quarterly reporty and check out the stellar net profit
  • yongts
    2021-08-25
    yongts
    Good for top G,as a big player it enjoy economy of scale & marketing power,&efficiency.thus I strongly believe from now onward the share price will go up provided covid situation Malaysia is stable.
  • odette
    2021-08-25
    odette
    [Cool]
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