I have appended below the tables of the last 8 quarterly results for Supermx, Kossan & Harta (plus the charts of their past quarterly results). We can see that all three companies suffered a drop in their net profit in QE30/6/2010 when compared to the immediate preceding quarter (QE31/3/2010). Is this a sign that the balance has swung from a seller's market to a buyer's market? This may explain the drop in their profit margin as cost increases cannot be fully passed onto the customers. In my opinion, the rubber glove sector has crossed the tipping point & their profit would likely to continue to decline, albeit at a gradual rate. If this scenario panned out, I believe we have seen a peak in the share prices for all the stocks in this sector.


Table 1: Supermx's 8 quarterly results (plus chart)



Table 2: Kossan's 8 quarterly results (plus chart)



Table 3: Harta's 8 quarterly results (plus chart)

As such, it may be advisable to avoid these stocks for a while.