Is the 1987 classic by Fleetwood Mac, from the album tango in the night.
On December 3, we WROTE :
“About 95 per cent of our revenue is denominated in USD while most of our costs are in ringgit, hence a stronger USD or a weaker ringgit has generally always augured well for us in terms of revenue and margins,” the top glove boss said.
Looks like Top Glove might soon be in for a re rating.
WELL that rerating took place on Friday. And it looks like a BIG LOVE for Top Glove. Kenanga values Top Glove at RM5.92, Maybank at RM5.30, Affin at RM5.40 and BiMB at RM5.50.
Top Glove now trades at RM5.19, up by seven sen, and the weak Ringgit should take this stock past RM6
