1.36BMarket Cap17.26P/E (TTM)
0.915High0.895Low739.70KVolume0.900Open0.900Pre Close671.24KTurnover1.01852wk High0.14%Turnover Ratio1.48BShares0.53652wk Low0.053EPS TTM480.22MFloat Cap2.037Historical High21.28P/E (Static)524.83MShs Float-0.387Historical Low0.043EPS LYR2.22%Amplitude0.06Dividend TTM2.84P/B100Lot Size6.78%Div YieldTTM
Riverstone Stock Forum
CIMB Securities Research reiterated its positive outlook on the glove sector, despite its view that the measures announced in Budget 2025 are unfavourable for the industry.
Pending further clarification on these budget measures and company responses, the research house is keeping its earnings forecasts unchanged.
Its stock picks in the sector are Hartalega Holdings Bhd, with a target price (TP) of RM3.12 per share, and Top Glove Corp Bhd, with a TP of RM1.25 per share.
Glove makers to pass on rising costs to customers