Posted by probability > 2020-08-01 00:37 | Report Abuse

Malaysian glove maker Hartalega says demand is ‘still very high’

Kuan Mun Leong, CEO of Hartalega Holdings, tells Christine Tan that the present environment remains “very challenging,” with demand for gloves from U.S. hospitals being “double” that of the period before the coronavirus pandemic.

https://www.cnbc.com/video/2020/07/31/malaysian-glove-maker-hartalega-says-demand-is-still-very-high.html

Malaysian glove maker Hartalega says its ‘priority’ is to support existing customers

Kuan Mun Leong, CEO of Hartalega Holdings, says the U.S. remains its “biggest market” as it comprises close to 40% of the company’s sales.

https://www.cnbc.com/video/2020/07/31/malaysian-glove-maker-hartalega-says-its-priority-is-to-support-existing-customers.html

Posted by probability > 2020-08-01 00:41 | Report Abuse

Extract from abive CNBC news:
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India gloves demand quadrupled , China doubled. India demand will only increase further...

Harta has no interest for new customers, no allocation like the spot orders TG makes. Any new customers for Harta - have to wait queue of 9 - 12 months.

If TG is blocked for US market, left only Supermac for all the spot orders there?

Posted by DickyMe > 2020-08-01 01:46 | Report Abuse

All glove stocks will crumble like house of cards.
Superficial demand is a bubble waiting to burst in the face.

Posted by supersaiyan3 > 2020-08-01 09:51 | Report Abuse

At first TG says 2 weeks, now says in August.

Check again others take 6 months at least for CBP to be released.

In view of TG is innocent and this is time of desperate, August is still possible, but could delay few months.

Posted by supersaiyan3 > 2020-08-01 09:51 | Report Abuse

Don't switch to Harta yet because I haven't buy enough.

Posted by Ravi1969 > 2020-08-01 10:11 | Report Abuse

Bubble? Do you know what a bubble is? If you don’t just shut it. US has such poor record human rights like the recent shootings.

Posted by Jokers2020 > 2020-08-01 10:27 | Report Abuse

aiya..still got other country need to buy glove..further more topglove also manufacture facemask

Posted by Jokers2020 > 2020-08-01 10:29 | Report Abuse

force labour?? us company no force labour,nike,apple which are make in other country?

Posted by DickyMe > 2020-08-01 11:14 | Report Abuse

Posted by Ravi1969 > Aug 1, 2020 10:11 AM | Report Abuse

Bubble? Do you know what a bubble is? If you don’t just shut it. US has such poor record human rights like the recent shootings.
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Dey toddy drinker, don't get emotional just because you are invested in this crap stock.

What is the meaning of a bubble in your dictionary? Beer or toddy bubble? What has US human rights record got to do with this stock?

It is evident Malaysia employers and manufacturers are pirates who employ slaves. The influx of foreign workers and sidelining of local workers speaks volume of their greed. They want slaves to toil for long hours to earn them fat profit while paying them peanuts.

Whenever government announces steps to cut dependence on foreign workers, the mother farkers from FMM or employers association are quick to object.