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Is Top Glove Corporation the Best Stock To Buy Now?
By Value Invest Asia  •  May 22, 2020
Hospitality, aviation, retail, and food and beverage industries are the industries most affected by the Covid-19 pandemic.  However, there are opportunities in every crisis. Some sectors are less affected and, on the contrary, witnessed higher sales since the start of the virus outbreak. The medical supplies and glove sector is one such example.  In this article, we shall look at Top Glove Corporation Bhd (SGX: BVA, KLSE: TOPGLOV) latest earnings, business performance, and future growth plans.    Business Overview  Top Glove is the world’s largest manufacturer of gloves by volume. It has 44 manufacturing plants in Malaysia, China, and Thailand, with a capacity to produce up to 73.4 billion pieces of gloves per year. The group’s products are sold worldwide to more than 190 countries, among which North America is the largest market with a 27% share, followed by Western Europe and Asia ex-Japan with around 15% each.  Almost 50% of...
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By Value Invest Asia
Value Invest Asia started as a simple idea. While we are still studying for the Chartered Financial Analyst Program, three of us met at a CFA event. We were just starting out in our career but we found out even then, that not many people in the financial world are true believers of value investing ...
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