Remember global stocks retreat on rising second wave fears.

The demand on glove will be intact until covid case in control.

It is beneficial for glove makers.

https://www.worldometers.info/coronavirus/

The smartest Uncle Koon have a very valid point in this scenario and I am reproducing it to my blog.

https://klse.i3investor.com/blogs/koonyewyinblog/2020-06-25-story-h1509591455-Glove_stocks_are_dropping_what_you_should_do_Koon_Yew_Yin.jsp

I am very sure all the glove makers will report increased profit in the next quarter. All investors should wait about 2.5 months to see the result. 

You must remember, the increased sale price is pure profit because all the glove makers do not need production cost to be able to increase the selling price. 

As I said, the number of Covid 19 cases is still increasing and the demand for gloves will continue to exceed supply. The game is not over yet.

You should not sell your holdings now. You can make more money if you wait. Patience is the key to successful investment.

In fact, it is still not too late to buy more glove stocks. After I saw the number of Covid 19 cases is still rising, I believe my target prices for Comfort and Supermax are achievable. 

Maybank: GLOVE is too cheap to ignore; top pick is Top Glove (RM21.90)

CIMB isn't concerned on China's GLOVE capacity. Buy TOPGLOV (RM25.00) & Supermax (RM9.80)

Tan Sri Lim's interview at Financial Times explained why TOPGLOV is a good buy