TGLVY - World's Largest Rubber Glove Maker's Big Bounce Ending
A Recap On The Grim Situation Facing Top Glove Last April
In April last year, Seeking Alpha published my initiation article on Top Glove (OTCPK:OTCPK:TGLVY)(OTC:OTC:TPGVF), the world’s largest rubber glove manufacturer, as PRO. It is primarily listed on the Kuala Lumpur Stock Exchange or Bursa, trading under the ticker code 7113. It also has a secondary listing on the Singapore Exchange with the ticker code BVA. At that time, both natural and synthetic rubber were just coming off a three-year high and thus feedstock cost pressure facing the company was weighing