Stock Name: TOPGLOV
Company Name: TOP GLOVE CORPORATION BHD
Top Glove; Hold; RM4.80
Price Target: RM4.80; TOPG MK
2Q12/6M12 results in line; earnings led by volume growth and lower latex prices. Increasing automation to improve efficiency. Maintain Hold and RM4.80 TP.
Source: HwangDBS Research - 16 March 2012
Company Name: TOP GLOVE CORPORATION BHD
| Research House: HWANGDBS | Price Call: HOLD | Target Price: 4.80 |
Top Glove; Hold; RM4.80
Price Target: RM4.80; TOPG MK
2Q12/6M12 results in line; earnings led by volume growth and lower latex prices. Increasing automation to improve efficiency. Maintain Hold and RM4.80 TP.
Source: HwangDBS Research - 16 March 2012
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