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0203 GMT [Dow Jones] STOCK CALL: Hwang-DBS Vickers Research keeps Top Glove as Buy with unchanged MYR11.20 target; says glove maker's 1Q net profit of MYR65.2 million (+91% on year) accounts for 30% of house's FY10 forecast, driven by strong sales volume, higher selling prices. "Top Glove's future earnings are expected to be strong, driven by robust demand for gloves." No dividends declared this quarter but projects FY10 dividend to rise by 30% on back of strong profitability. Keeps earnings forecast unchanged. Stock last +2.6% at MYR9.75.(ECH)
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