gloveharicut

CIMB: Expect stronger quarters ahead, inputting higher ASPs. SUPERMX TP RM11.80

gloveharicut
Publish date: Sat, 30 Jan 2021, 11:47 AM
Does Glove need a haircut?

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I am not sure the vaccine is useful or not. CEO have better answer.

Do you have to wear GLOVES to give a vaccine shot?

I am holding my GLOVES. I will only sell when ASP come down but not stock price come down.

 

If you worry on GLOVES & vaccine news

 

I am reproducing the CIMB Research report to my blog.

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newbie8080

Interesting forecast on the ASP from 2021-2023. Quite a significant drop.
81(2021) 57(2022) 36(2023)

Looking at this number smaller glove counters might not be profitable in view of the rise in raw material & operating cost of more than 15% year on year.

2021-01-31 16:02

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