Oh fellow retailers...small company like this yall shout bright future all in etc, the real big 4 yall diss like they aren’t worth a penny...I thought vaccines out no need wear glove eh?
Sohai loh...gloves capacity is increasing everywhere mah...!!
Msia, China, Indonesia, Vietnam & Thailand loh...!!
Even non traditional high cost country like Germany, Usa, Japan, Korea are increasing capacity too loh...!!
This is bcos Gloves is a simple product, easily to produce n no record science mah...!!
U look at Gloves sister the face mask which are more widely use than gloves, but its selling plunge from Rm 2.00 to only 30 sen a piece worldwide loh!!
What happen?? The worldwide huge usage of facemask did not help bcos of over production n over capacity loh...!!
The same fate will going to happen to gloves too mah...!!
This is bcos Gloves is a simple product, easily to produce n no record science mah...!!
U look at Gloves sister the face mask which are more widely use than gloves, but its selling plunge from Rm 2.00 to only 30 sen a piece worldwide loh!!
What happen?? The worldwide huge usage of facemask did not help bcos of over production n over capacity loh...!!
The same fate will going to happen to gloves too mah...!!
if i got client who want to buy gloves from me, i will surely open a glove company. now this company can also sell to europe countries if got clients from there. goood moneyyyy.
Beware US and EU glove importers may ban glove products from Malaysia since the issue of mistreating foreign workers at glove companies getting more serious attention from US and EU authorities. Later 50 cents target become 5 cents only !
Furthermore AT glove story came at the wrong time as glove stocks become the last choices from market investors as the pandemic may come to the end soon as more people around the world getting all the vaccine injection needed to protect themselves from the covid-19.
stockraider This is bcos Gloves is a simple product, easily to produce n no record science mah...!!
U look at Gloves sister the face mask which are more widely use than gloves, but its selling plunge from Rm 2.00 to only 30 sen a piece worldwide loh!!
What happen?? The worldwide huge usage of facemask did not help bcos of over production n over capacity loh...!!
The same fate will going to happen to gloves too mah...!!
Haizz the entry barrier of glove industry is much higher than mask. And also the investment amount is huge.
Topglove boss once said it took up one year to set up a factory but why it say so because tan Sri don’t want new entrant to affect his profit and margin and AT successfully set up a factory in 5months time
Not necessary to promote glove story anymore as it has received bad publicity worldwide. Malaysia rose to the lime light becos it happens to be the biggest producer then and had forsaken the health of its workers. Moreover, too many are competing for the same pie and as time goes on, more new producers will fall by the wayside as it is not competitive as it is not rocket science production. Inevitability, so prices will erode further. So using historical data to suggest future prices is going to be a dream that dreamers will feel good.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
DarenWai
351 posts
Posted by DarenWai > 2020-12-27 02:32 | Report Abuse
Monday all in.