Tuesday, September 28, 2010

RHB Equity 360° - 28 September 2010 (Top Glove, Adventa, Suncity, EON Cap, Evergreen; Technical: AirAsia, Lion Corp)

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- Top Glove is expected to announce its full-year results on 6 Oct. While we expect weaker numbers qoq, for the full-year, we see yoy growth of approximately 40-45% largely due to: 1) higher sales volume; and 2) margin expansion on the back of better economies of scale.

RHB Equity 360° - 28 September 2010 (Top Glove, Adventa, Suncity, EON Cap, Evergreen; Technical: AirAsia, L...

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