http://www.freemalaysiatoday.com/category/nation/2017/04/08/using-retread-tyres-poses-danger-to-road-users/

Eversafe is trying their luck in the ACE market as there are many tyre retread companies in Malaysia like Kit Loong Tyre, Nam Bee, Sunrich tyre, Bridgestone Bandag tyre retreads and many other backyard retreads. What about tyre retreads from China? The IPO price is mere RM0.36, a tough industry and investors need to be more prudent. When I say sunset industry, is there is not much potential for growth as there are already many big players in the market.

You are welcome Sc430. We need be let investors know the risk they are investing in an ACE market and let the greedy ones who speculate lose their pants. The authourity will take the first cut of the money through the expenses needed to list the company.

All the tyre retread companies which I had mentioned have their own retreading materials otherwise how do they produce retread tyres? Most of the companies have already established overseas markets and exported their retreading materials, whereas Eversafe is only now trying to expand overseas.

Eversafe is trying their luck in the ACE market as there are many tyre retread companies in Malaysia like Kit Loong Tyre, Nam Bee, Sunrich tyre, Bridgestone Bandag tyre retreads and many other backyard retreads. What about tyre retreads from China? The IPO price is mere RM0.36, a tough industry and investors need to be more prudent.

Don't think Eversafe is a good counter, tyre retreading is a sunset industry