the biggest casualties will be those new entrants which core business is totally not related to gloves at all, but suddenly jumping into the bandwagon. In order to protect market share, established players will have to cut prices down to kick those new players out. I do agree with the analyst from the video posted above.
How many of these so called new entrants will really go into production eventually?
I will say more than 80% of them (especially those penny stocks belong to the same syndicate group) will not.....solely to goreng their share prices to capitalise on the glove party.
Very true actually. The another guy said the glove price will come to you kill me I kill you after covid ended especially for the new players.
During this covid, we observe there are three abnormal situation: 1.) Glove superprofit due to ASP hike 2.) More new glove players had enter the market 3.) Production capacity increase than the average capacity over last few years.
At least those point he mentioned is according to the fact that already happened.
You all now believe or not. The last few days old fox keep publish to hold and promoting supermax and glove sector is to let him go out with profit lots by lots. You all still believe him? You all kena con liao
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3157 views | 3 d ago
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New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
Bamboo Green
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Posted by Bamboo Green > 2021-03-01 00:18 | Report Abuse
八点最热报: 手套股的黄金岁月已不再,手套价格割喉战即将爆发!