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Review of Top Glove (BVA.SI)
05 Dec 2022 (252 views)  

I hold 150,000 shares of Top Glove at an average cost of $0.60. The current price is $0.26. I am seeing a paper loss of $51,000 (SGD).

The highest price of TG wsa $2.66. The stock price had dropped 90% from its peak. 

At the current price, the forward dividend yield is 5.73%. The price earning ratio (TTM) is 25.5. The forward PER is 38.1. It appears that the analysts are forecasting lower profit in the future. See this report. 

Recently, there were reports of a new variant of covid virus that is leading to an increase in infections and potential hospitalization. I wonder if this could lead to a higher demand for gloves, and better profits for TG. I am holding on to my stocks for this potential rebound.

Note - This is a personal view. I am not giving investment advice. 

Tan Kin Lian


Review of Top Glove (BVA.SI)
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I hold 150,000 shares of Top Glove at an average cost of $0.60. The current price is $0.26. I am seeing a paper loss of $51,000 (SGD).

The highest price of TG wsa $2.66. The stock price had dropped 90% from its peak. 

At the current price, the forward dividend yield is 5.73%. The price earning ratio (TTM) is 25.5. The forward PER is 38.1. It appears that the analysts are forecasting lower profit in the future. See this report. 

Recently, there were reports of a new variant of covid virus that is leading to an increase in infections and potential hospitalization. I wonder if this could lead to a higher demand for gloves, and better profits for TG. I am holding on to my stocks for this potential rebound.

Note - This is a personal view. I am not giving investment advice. 

Tan Kin Lian