I just bought 60,000 shares of Top Grove (BVA.SI) at $0.97. It operates from Malaysia and is the world's largest glove manufacturer. 

The current price is 70% below the highest price of $3.18 for the past 52 weeks.

(Revised on 3 Nov 2021) The PE ratio for the trailing 12 months is 2.59 and the forward PE ratio is 13.95 times. The forward dividend yield is 5.7%. Its total debt to equity ratio is 6.42%, which is low.

The company posted a drop of 48% in profit for the latest quarter, but this is reflected in the above PE ratio. 

I read the report and found that the company had to cut down its production in recent months due to the covid restriction measures and the ban imposed by America on its exports. Both the covid restrictions and the ban have now been lifted. 

The company has applied for a listing in Hong Kong, in addition to its current listing in KL and Singapore. It is likely to get higher investor interest when the listing is approved. 

The news of this company appears to be positive. You can find more information here. 

Disclaimer. I am expressing a personal observation. I am not giving investment advice to buy this stock at the current price.  Please do your own analysis and read the news about this company, in case you decide to invest in it.

Here is the a Reuters report on the financial results for the 4th quarter of 2021. 

Tan Kin Lian