Can we hope for better outlook coming out of management despite their cautious statements in their past quarter review. Perhaps some rosy update on the US’ facility to strike when the iron’s hot. Their website is just too hopeless to get any decent update. Should consider getting replacement for their IR people who just can’t create excitement for institutional investors.
The effects of benefits to Malaysian glove manufacturers as a result of higher tariff against China gloves by USA are not immediate until 2026 or even much later , hence yesterday 's surge was purely speculative...
Joykill! Anyway please don’t get fooled by fear mongers into selling down to enrich them as these short sellers are merely scaring the price down hoping to buy cheap to cover their sale. Hopefully prices go up or at least maintained to make them lose on transaction costs.
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....
klee
3,520 posts
Posted by klee > 2024-05-15 13:18 | Report Abuse
Exactly !
omione
This should help Supermax. It is the only major glove company to set up factory in the US. This news has not yet been digested by the market.