TOPGLOV - The Beast is coming back soon

Topglov results beat all sell-side consensus. As shown, TopGlov issue is never about fundamentals and earnings. Their problem has been the PR/Corporate image impact due to Covid-19 and the labor issue.

After declaring a quarterly dividend, at the current price, the yield is around 2.3%, what's next!? Perhaps, Christmas rally or CNY Ang Pao? HAHAHAA :)

Not a buy call, however as a good investor, it is always wise to buy the dip and hold.

All the best!

Trade active

Comment:

still tanking, average down.

Comment:

breakeven avg price @ 6.48