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2023-11-15 22:44 | Report Abuse
So many good news coming!
The V shape recovery pattern is already confirmed for Malaysia gloves industry!
One Ular dumb dumb cut lost at the bottom 0.71, Haiyoh Kongkam !!! Haiyoh Kesian!!! Haiyoh Kelian!!!
Kossan Posted RM 40.9m handsome profit. QoQ up 🈵 1341%
Gloves segment posted positive profit RM 32m 🈵
Great result!!! Tomorrow Gloves all flying loh!
I'm talking about the entire industry`s sentiment has changed.
1. Strong USD is good for export industry like gloves industry.
2. Raw material price like latex is lower now.
3. Overall demand has improved.
4. Small players have exited the market.
5. ASP price could hit bottom and rebounding due to improved demand.
6. Cost down saving and lower depreciation cost due to impairment write off (one time).
7. Natural Gas price dropped from the peak.
8. US custom ban lifted
9. US and China trade war
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Stock: [TOPGLOV]: TOP GLOVE CORPORATION BHD
2023-11-17 09:13 |
Post removed.Why?