06-10-2023, 05:53 PM
06-10-2023, 05:57 PM
https://edition.cnn.com/2021/03/30/busin...index.html
CBP Modifies Forced Labor Finding on Top Glove Corporation Bhd.
https://www.cbp.gov/newsroom/national-me...ration-bhd
CBP Modifies Forced Labor Finding on Top Glove Corporation Bhd.
https://www.cbp.gov/newsroom/national-me...ration-bhd
06-10-2023, 06:01 PM
Top Glove also listed in SGX too. A 6+ billion market cap but share price is frightening. From $8,9 to 22 cents. Not sure in between is there share issue exercise or not (now is 8 billion shares a lot!) but the drop is quite jialat over the say last 5 years.
06-10-2023, 06:19 PM
(06-10-2023, 06:01 PM)sgh Wrote: [ -> ]Top Glove also listed in SGX too. A 6+ billion market cap but share price is frightening. From $8,9 to 22 cents. Not sure in between is there share issue exercise or not (now is 8 billion shares a lot!) but the drop is quite jialat over the say last 5 years.
They were doing very well last time till the US banned them during the Pandemic. Their products were confiscated. Their customers mostly ran away.
Manufacturing companies were created and re-shored to countries near the US. They sourced the raw materials from these regions. These happened during Trump's time.