freetospeak There is no immediate threat to glove profit for the next 18 months. Becoz very soon all distributor will lock in price and quantity for 1-2 years .
there is no change to profit only up n down of price. The most possible case u will c is glove stock trading at below pe 10 in the nex 1 to 2 yrs. If u think its possible.
if u dunno wat is coming let me give u a head up...if TG lock in price at usd100 ...tg will be raking in at least 2 billion-3 billion per qtr for the next 18 months. trading at below pe 10 for the next 18 months. same goes to supermax.
If u think gloves stock trading at below pe 10 is too expensive. I suggest u sell all your stock now.
Glove shares prices appeared to have bottomed out, having recovered from its earlier lows, and many investors are collecting now. Looks like panic selling by small retail players have diminished.
## Gloves market pricing is very interesting , customers will place order first , let's say currently is placed 1 year ahead , but the pricing is determine before delivery arrangement pending market price fluctuation .
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strattegist
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Posted by strattegist > 2020-09-09 09:59 | Report Abuse
red