"Estimates that the cost of the latest round of increase will mean an additional cost of 40 US cent to 70 US cent per 1,000 pieces of nitrile glove and about 30 US cent to 50 US cent for latex glove". I think the gas tariff increase will not give big impact to glove sector. Previous lowest wage policy and gas tariff hike also not affected much to them. They able to pass through the cost to customer.
AndK.... I guess most ppl estimate the price based on PE 20.. The price will be RM1.20 And Q4 currency exchange earning sure higher then Q3... Therefore i dont think gas traffic have significant impact to Q4 la.
Down. Navps only 0.27. More 100millions shares added. Dilution of shares. Director started to sell. More to go. I am hoping it will go down to 0.8. Then I feel comfort-able to buy. Wakaka.
guys, Ceo selling bulk because there are interested investors who wants volume. If major shareholder dont sell, how to attract investors?. Any way only remains 1 month for the 4th q. sterling performance shown in 3rd q will prevail. The only problem is not quick to churn out more lines to increase production and compete with peers.
while big guns like topglove are the more popular and have more converge and publicity, les forget that small fries like comfort have the tendency grow faster. Hold until Mid 2016
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AndK
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Posted by AndK > 2015-12-24 21:32 | Report Abuse
"Estimates that the cost of the latest round of increase will mean an additional cost of 40 US cent to 70 US cent per 1,000 pieces of nitrile glove and about 30 US cent to 50 US cent for latex glove". I think the gas tariff increase will not give big impact to glove sector. Previous lowest wage policy and gas tariff hike also not affected much to them. They able to pass through the cost to customer.