. Guys you re turning this forum into a 4 th class mindset.....we chat academically about the stock.how to strategise, the best exit entry, prospects of roi etc so that we can plan..our strategy... But it looks like a mini emo and persnl war....is forming up...wake up please.....which i think wont help us.
Emmm 2021 just at the corner, lets us discuss in a more healthy and prof ways rather then back to jurassic era..mindset.
miz raya. mslhnya kes money laundering berat bro. dan kalau tgk trend sorg2 resign. semua takut. auditor pon cabut. money laundering ni silap2 akaun comp boleh ke a beku. MOA tu pon boleh ditarik balik.
Global demand for gloves still on uptrend CORPORATE NEWS Thursday, 17 Dec 2020.
PETALING JAYA: Global glove supplies are expected to grow between 15% and 25% annually over the next two to three years, on the back of higher usage and increased healthcare awareness.
Despite glovemakers’ aggressive expansion plans to capture the demand growth, CGS-CIMB Research said global supply growth over the next two-to-three years would likely still not catch up with the increase in demand.
“This assumes that there would be no supply disruptions due to unforeseen circumstances or delays in expansion plans, such as construction delays and raw material supply constraints.”
Hong Leong Investment Bank (HLIB) Research said requests from customers have not been decreasing or slowing down despite the positive inflow of vaccine news.
“Rather, the actual demand and supply for gloves would be dependent on when the vaccine is ready for mass immunisation. Hartalega Holdings Bhd shared that its pandemic allocation is taken up until October 2021, with spot orders remaining between 7% and 10% of total capacity.
The research house said spot order average selling prices (ASP) are now above US$90 (RM365) per 1,000 pieces.
CGS-CIMB expected glovemakers to continue recording stronger quarters, backed by higher ASPs, increase in production capacity and higher economies of scale.
“Note that we have assumed ASP will continue on an uptrend to only the first quarter of 2021, hitting a conservative average of US$60 (RM243) per 1,000 pieces of gloves in that quarter.”
Additionally, CGS-CIMB said it is maintaining its “overweight” call on the glove sector.
“Potential re-rating catalysts include a surge in ASP and stronger-than-expected global glove demand. Downside risks include a sharp decline in ASP and lower-than-expected demand for gloves.”
HLIB is also maintaining its “overweight” call on the sector.
“Share price of glove players have seen weakness of late, largely due to vaccine development news flow. However, at current depressed valuations, we reckon that these negatives have been priced in.
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....
536826
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Posted by 536826 > 2020-12-16 16:55 | Report Abuse
15-12-2020 5.11pm ...go check it out urself...conmen