besides, I believe 4B cash can generate interest income equivalent to prependamic 1yr earning.

asp 40 vs aps 20 isn't 2x earning, u know. the magic of asp is fascinating!

at USD35 40 big4 earning is 7.5x prependamic earning. prependamic cost of sale USD18. Perhaps now USD20

When things aren't clear is the best time to buy at battered down price. Once everything becomes clear it won't b so cheap.

Besides. Intco has very high receivable. I suspect their medical glove has quality issue. Customers rejected n refuse to pay.

Market will see the clearer picture when asp normalised to USD35 to 40. At that time big 4 still making good profit but new comers n China glove suffer. The issue of over supply diminish. There is no pt to batter asp below USD35 40. Look at Intco. ASP dropped to USD90 bosses alrdy abandon ship. USD35 40 is enough to kill them all.

For sure TG QTQ is lower. CBP effect. Priced in.

bear in mind even our small gloves suffered losses at prependamic asp. 1by1 gulung tikar. over supply?

看财经V :手套茅大跌！！！公司高管集体减持https://q.futunn.com/en/feed/106340311957916?data_ticket=b22d7fc64790043f0d9355db5d25b88d

Watch this video. Bosses also raise white flag. All reducing stakes at the same time. Intco limit down. With increasing material cost n normalised asp Intco will b in trouble. Who says China glove is a threat to Malaysia glove?

just stay at 4 until 2023. hehe....

at this price near term growth isn't the investment thesis. it's value investing.

intco directors reduced stakes. expansion plan in question. market turmoil

oversupply issue might not as bad as u think. intco doesn't walk it's talk

intco expansion plan in question

glovefinish Three things to learn from glove stocks:

https://youtu.be/3oJEcdvM27s
01/06/2021 10:40 PM

Excellent sharing. It's clear that now is the time to buy. Those who bought at high price sorry to tell u tat too late to sell. U won't die but your investment return for the next 2yr will be low.

I alrdy key in my buy at 3.8. hope can match

no pt to defend your investment here everyday

if u r so confident of sp value just keep your share quietly n wait for its value being reflected in price

tomorrow park your money at 3.8

besides. USD550m for USA expansion. 2.3B myr only

3 more B coming in the remaining 3Q this yr

at 2 most probably use company cash to privatise. relist again at higher ipo price

MoneyMaker. I m neutral but just can't stand your non sence. how can share price goes below cash per share?

I think new norm SP earns 200m to 250m per Q

wow! 500m per Q. 2B pa. eps 73s. normalised PE15 share price 11?

poor glove sentiment. no pt to list now. share price plunge on 1st trading day underwriter sakit kepala

funds cannot use official acc to buy but can use borrowed acc. later transfer to official acc.

ya. last time inculusion into msci alrdy in mid way down trend. don mislead ppl.

tomorrow can start buying liao!

but be prepared to keep for 2yrs.

the shortest cycle was 1yr. now is 10months. below 4 no harm to collect some.

why I so keen to see below 4? below 4 u sapu? wat good it does to u?

GenM closed green. Airport also closed green. Lol!

SP I m so disappointed with u. RIP

interest from cash in hand at fd rate can make 1yr pre pendamic profit. how can share price back to square1?

All my assumption doesn't take expanded capacity into account

Pre covid SP earned USD2 per 1000pcs. Now cost of sale should increased to USD20. At asp USD35 can earn USD15 per 1000pcs. Earning for new norm will increase 7.5x. Besides, SP's cash in hand will easily earn interest equivalent to 1x pre covid earning if we assume fd rate 2.5%. So new norm earning is 8.5x of precovid earning.

even before covid 19 SP's asp was USD20.

asp for new norm is around USD35. At this price most new comers will gulung tikar liao.

any rebound will b lower than the previous high

$7? R u dreaming? Hehe .....

SP cash in hand @2.5% fd rate alrdy 80% of pre covid earning.Fundanentally it isn't the same as precovid SP

glove cycle history. shortest 1yr. longest 3yr. we r 10 months from peak

the fact is covid is easing but will stay with us. CDC has made statement booster jab is needed in September

covid, cbp have no effect on glove. just like poor QR has no effect on cimb

investing is looking for battered down stocks. not die2 defending your stocks. karma doesn't exist in investing

Let me say a few fair words. When vivid struck us in surprise market was too pessimistic & bashed down recovery stocks to rock bottom. Then they realised it was overdone. Recovery stocks rose back to their fair value. Now gloves are experiencing the same situation. Bashed down to the rock bottom because of vaccine. Glove will get back to their reasonable valuations. So both gloves & recovery will reach an equilibrium. Let the market does it's job. Chill.

ya ka? ask those who caught genm below 2

ya ka? ask those who caught cimb at 2.5x

really? many ppl alrdy prepared bullet to sapu recovery stocks at battered down price wor.