Posted by calvintaneng > 2022-01-04 08:34 | Report Abuse

From this stock picks we see

6 picked harta
4 picked supermax
2 picked kossan
1 picked Topglove

For year 2022

If they pick these at beginning of 2020 will see the biggest bull in gloves ahead

Now that is in past and most pick reactively and not pro-actively

Chances of gloves doing well will be slim due to these reasons

1. Glove asp premium now turned into asp discount as gloves are available in abundance

2. China after knowing Malaysia minted glove billionaires are now awakened to the challenge
Since in China gloves no barrier to entry they could set up new glove factories and start churning out gloves by the billions or trillions if uncontrolled

3. Vaccination will bring down infection just like Spanish flu ended in 1920 (3 short years from 1918 to 1920) then horrible moster glut will cause dumping below cost and result in losses for all

Stock pickings should be pro-active. Anticipate the future not just the past euphoria

Posted by paperplane > 2022-01-04 08:47 | Report Abuse

No one pick supermz. Cash per share is like 80% of mkt price now. Hehe. A market with no joker inside is good market. Apa telegram grp lah, tak boleh pakai lah

Posted by calvintaneng > 2022-01-04 09:03 | Report Abuse

One more thing

Gloves piling up cash should conserve cash as years ahead will see profits drying up and losses will come

Harta going to expand new glove factories at Thai border with Billions
Sunk in will see it's cash pile wasted

Supermax expanding to USA will be fatal as cost of operation will make it uncompetitive against China

China face masks dumping already pushed USA face masks producer out of business

Posted by paperplane > 2022-01-04 16:38 | Report Abuse

i wonder why US dont ban China glove for labor force ya. Many labor force issue there also. Ask Andy gor gor go there stir up shit there

Posted by khairibin44 > 2022-01-05 17:09 | Report Abuse

haha u are right

Posted by 007007 > 2022-01-06 12:44 | Report Abuse

No visa for Andy in China. China too smart.