Can the only party in town sustain its run?


Top Glove Corp Bhd and Hartalega Holdings Bhd are trading at price earnings (PE) valuations of 84 times and 72 times their historic earnings while Kossan Rubber Industries Bhd and Supermax Corp Bhd are at above 40 times PE.

PETALING JAYA: There is only one party on Bursa Malaysia.

It revolves around glove manufacturers that have been having a good run with prices doubling or tripling over a short period of time.

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