$TOP GLOVE CORPORATION BHD(BVA.SI)$yesterday Malaysia ministry of trade announced that top glove losses Rm$3.6 billions due to USA ban. The USA ban was last year news which resulted the largest drop of profit in record last year. Corresponding the drop in share price too.  Now we know the reason for the drop in profit and share price. Now we also know that the USA ban has been lifted. I strongly believe that top glove Now is under valued. There is a good chance of price going up. The knee jerk reaction from the war is only temporary. Beside the war will not diminish the demand for glove in preventing diseases like covid 19 and others. Competition from China will also diminish as logistically their transport cost have gone up few hundred percent as most rubber supply is found in Thailand and Malaysia. 

Beside the Hong Kong listing is definitely onamid a slight delay because of the lock down in HK and the war. Sentiment not so good for ipo now. But for investors with deep pocket can consider TG now. I am pretty sure it will go up in price once all the dust settled within this year.