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Investors always look further 2-5 years. If the cycle is over profit go back to normal say 400m per annum, the PE is over 100 based on share price now. If factor in the case of supply over demand there is still a down side risk for the share price.
Yap herry, cash 10b? Topglov wont be so rich of having 10b net cash since they are giving out dividend and currenty their divideng policy if nt mistaken is 50%. Fungal investor, ur statement was right, but sometimes we dunno what future need, is the capital they increase can fulfill the golbal demand. Means 200 bil of gloves can fully sold out by using a very good price or below capital price to clear their stock. This is very important, for future global demand. If supply is exceeded, glove
Sector maycrush again... And in the near future, many company started their glove production at april and may. Nowadays venturing in a glove business is very easy unlike bank or casino. Glove can't be monopoly, so the asp automatically will be competitive. Let, s see what will happen in the following quarter, happy investing guys. Gambateh all glove holders. Have a nice day :)
Now tg have 4.5 bil on hand, listed hk another 7.7bil, coming every qr still have extra after dividend given, wont be so rich net cash 10bil? U got study or not ..hehe
Haha yap herry u can see how lctitan works. Lctitan whn ipo oso get a lot of cash oso net cash but in the end how. 10bil net cash. Lets see next quarter. Haha
My meaning compare with lctitan is nt every net cash or cash rich company is growth company. Why lctitan frm ipo drop until nw. Cause supply is over demand edi bro. This is the same thing too. If supply over demand it will crash too. Ppl seeing growth nt cash rich. Cash rich company if growth abit slower, or net cash flow keep negative one day oso will become poor company...
Lets see..no worry if not confident to invest just watch the show..one day u find the way u will get to know wat i mean..time will give u more experiences in stock market, hehe..
With one more dividend from coming one quarter, all my capital in TG already back to my pocket. All the coming years of dividend will be my net income. So far, TG is one of my best investment return in my life (including PIE and Magni)!
