yongts
2021-11-08

$TOP GLOVE CORPORATION BHD(BVA.SI)$I strongly believe top glove at price now 0.785 is undervalue if we look at Price / book value compare to past data. See price / book value chart enclosed. Price value/ book value= price you pay for actual book price. Top glove before pandemic P/ B is even higher than now. It is even more ridiculous if you look at profit make before pandemic and profit now. It is the same for earning per share . Even if you look into near future earning .if it went down to before pandemic, which I doubt so with the endemic expected to continue.  It cannot be priced at 0.55- 0.68 like before pandemic as top glove already make so much profit during the pandemic . In another word it is worth much more now so price should be much higher. Strongly believe someone is pushing it down and making the sentiment really weak. 

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