US$ is on the uptrend again. Latex price is declining. Time for Comfort to catch up with other glove makers. Matter of time to break thru 81 sen. Start collecting now before it is too late. You still can do it this morning.
Malaysian Rubber Exchange - Monthly Prices & Charts www3.lgm.gov.my/mre/MonthlyPrices.aspx Cached MRB FOB NOON PRICES FOR SMR (Sen/Kg) AND CENTRIFUGED LATEX:LOCAL PRICE(ISO 2004) in Sen/Kg(Wet) Note: Effective from 2 January 2014, MRB will publish only the sellers ...
See the daily centrifuged latex prices for October 2015 (above)
Their 3rd quarter ends in October so the report should be sometime in early December. There was an increase of more than 20% in net profit in the 2nd quarter. Bear in mind that the USD exchange rate was around the 3.6 level then. It averages 4 during their 3rd quarter so they should perform much better.
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Posted by Wang Masuk > 2015-10-05 16:26 | Report Abuse
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