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.
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