Top Glove Corporation Bhd (Symbol & Code: TOPGLOV 7113) Update - 3rd October 2010

Posted by Daniel Wong | 11:30 PM | | 0 comments »

Fair Value: RM 5.49

Current Price: RM 5.35

Recommendation: BUY

As the current market price is below my Fair Value, I'm upgrading my recommendation from Hold to Buy. Same as for my description for Supermax, I'm not sure if the market price will drop further from this price. So the best strategy would be to buy in stages.

Refer to previous write-up here for more info on this company.

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