$Top Glove (BVA.SG)$$Medtecs Intl (546.SG)$$UGHealthcare (8K...

bullrider_21 commented on a stock · Dec 28, 2022 05:11

$Top Glove(BVA.SG)$ $Medtecs Intl(546.SG)$ $UGHealthcare(8K7.SG)$ $Riverstone(AP4.SG)$

Maybank report on TOPG with sell rating and tp of MYR0.35.

Unable to pass on higher compliance costs. They introduce TOPG's expanded ESG tear sheet and assign a below average overall score of 47 (over 100) based on its aggregated quantitative/qualitative/target-based metrics. TOPG has been actively enhancing its human rights and labour practices post the US CBP ban on allegations related to human rights and labour management back in 2020.

They maintain their earnings forecasts, MYR0.35 tp (13x CY24E PER) and sell.

$Geo Energy Res(RE4.SG)$ $Golden Energy(AUE.SG)$

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