All glove counters still suffering huge profit lost. All glove industry production line is mostly in idle mode. China coming strongly to dominate the market and build factory agggressively. Price war still on going, dont know when will stop, holder like me, will continue to hold for few more years.

please add me

I heard the result is going to be extraordinary. May I know when the result going to be out? I have been told to be mid of August. Any advise?

so now there is bonus issued by Supermx 1 to 1. May I know what will happen to the warrant? The unit we hold will be double and price halved, just like normal bonus issue /split?

so now there is bonus issued by Supermx 1 to 1. May I know what will happen to the warrant? The unit we hold will be double and price halved, just like normal bonus issue /split?

so now there is bonus issued by Supermx 1 to 1. May I know what will happen to the warrant? The unit we hold will be double and price halved, just like normal bonus issue /split?

i wish supermax can release the result in july right after they finish this quarter to proof all of this.

referring to the analyst document on the supermax on the selling price, output volume, and distribution, supermax profit can be very crazy in this quarter and coming quarter. Judging on the crazy selling price, it could be easily more than RM150million for this quarter profit. Amazon is currently selling at USD110 per 1000pcs for brand Aerelia (Supermax in house brand). The Supermax total yearly output is 20billion pieces of glove with operation cost of USD20. The profit is superb crazy.

https://www.amazon.com/Aurelia-Refresh-Gloves-Small-1000/dp/B00AO6K7SK/ref=sr_1_1?dchild=1&keywords=aurelia+gloves&qid=1592386574&sr=8-1

Of course, the main key factor is how fast the company can change the price from originally selling price of USD25 to USD110. Since supermax is OBM, changing the price can be fast since they are the distributor cum manufacturer with minimum contract mentioned in the report.

referring to the analyst document on the supermax on the selling price, output volume, and distribution, supermax profit can be very crazy in this quarter and coming quarter. Judging on the crazy selling price, it could be easily more than RM150million for this quarter profit. Amazon is currently selling at USD110 per 1000pcs for brand Aerelia (Supermax in house brand). The Supermax total yearly output is 20billion pieces of glove with operation cost of USD20. The profit is superb crazy.

https://www.amazon.com/Aurelia-Refresh-Gloves-Small-1000/dp/B00AO6K7SK/ref=sr_1_1?dchild=1&keywords=aurelia+gloves&qid=1592386574&sr=8-1

Of course, the main key factor is how fast the company can change the price from originally selling price of USD25 to USD110. Since supermax is OBM, changing the price can be fast since they are the distributor cum manufacturer with minimum contract mentioned in the report.

Hi guys, may I know what is current glove selling price? previously is up till about 50USD, what about now?

fourth quarter does not look as good as we think. but covid started in december 2019. is it due to contract issue?

Passed by the other day, seem like all complete but there is another construction near to Gamuda side. Seem like another new plant.

This morning just received

dividend IN jor

Sometime people say FDI drop, sometime FDI increase. I am confused.

It is all about long term.

coming QR result should be good. Earning is about the same as Hartalega, but market cap and PE is much lower. There is growth opportunity.

Latex price in July
http://www3.lgm.gov.my/mre/daily.aspx

Latex price in November
http://www3.lgm.gov.my/mre/daily.aspx

Page 115 from last year AR

If I read the Annual Report correctly, the tax paid to Malaysia government is very small. So, there should not be any impact on Genting Malaysia from Budget 2019.

strong usd should be in favor for export industry like Hartalega right?

any coming news to push the price? mind to share.
Passby the other day, seem like construction is ongoing, but going to take a while.

f the esos

50% growth in NP margin, not bad

Hartalega NP Margin is about 17% while TopGlove is only about 11%
No wonder Hartalega is part of KLCI index and not TopGlove
Hahaha...

"Topglove the world largest rubber glove manufacturer"

"Hartalega was the inventor of the world’s first lightweight Nitrile glove in 2005, which caused a demand shift from latex to nitrile gloves all over the globe. Needless to say, we are now the largest producer of nitrile gloves in the world, capable of manufacturing 27 billion gloves a year and will progressively expand to 42 billion gloves in 2020."

http://www.topglove.com/fact-sheet/

Who is the biggest nitrile glove producer at this moment?? https://hartalega.com.my/about-us/


If you are the doctor, would you prefer nitrile or latex or vinyl? The answer is nitrile because better protection, no latex protein, same flexibility & durability as latex. And of course, more expensive

http://www.emeraldppp.com/gloves-101/

http://blog.eagleprotect.com/new-pollution-laws-in-china-raise-prices-on-chinese-vinyl-gloves

https://www.bloomberg.com/news/articles/2017-10-16/steel-town-shutdowns-challenge-china-s-growth-as-leaders-convene

http://www.dailymail.co.uk/wires/reuters/article-4988004/China-factories-grapple-soaring-prices-pollution-crackdown-bites.html

https://www.ft.com/content/f48c9674-ae68-11e7-beba-5521c713abf4

Why all glove industries going up? Good financial result? Think about it again..

how you know?

Sell? Hold? Buy?

Ding Dong
Anyone?

The price movement is so slow.
I so ready to sell it.