Posted by yapyk > 2020-08-17 12:24 | Report Abuse

Our present govt is very smart, they will not do silly things. Glove companies make huge profits but they also pay more taxes.

Posted by DLGF > 2020-08-17 12:34 | Report Abuse

Well said, Tradeview. This Maybank report is damn stupid. The glove industry is supporting the index now and you recycle back the news ... country gdp now very healthy is it ? Really 'salute' this bunch of analysts behind the scene ...

Posted by CCCL > 2020-08-17 13:19 | Report Abuse

Not opinion any more, but possible. During this tough period, the banks have done their call of duty to freeze bank loan payment and interest. If government can force the banks, why not on others...

Posted by zhangliang > 2020-08-17 13:39 | Report Abuse

Well said! Nonsense report

Posted by soojinhou > 2020-08-17 22:38 | Report Abuse

Absurd or not is Zafrul's to decide. Sure I agree with every single thing you said, but for Zafrul, it might be a choice between a sovereign downgrade or a windfall tax.

Posted by Erudite > 2020-08-17 22:50 | Report Abuse

Haha, RM 1B won’t help sovereign downgrade la duh. Not 4 Zafrul 2 decide oso, kabinet la. Tis brainless report say corporate income tax to +10% from 24 to 34% la bradah. R we communist country / welfare state? In future who dare 2 set up factory in Msia ? Cukup Bodoh report 2 spook market based on hypothetical what if? Come on maybank, try harder !

Posted by Goldberg > 2020-08-17 22:52 | Report Abuse

Breaking News-

Here is an interesting article on SUPERMAX

https://klse.i3investor.com/blogs/feliciawong/2020-08-17-story-h151238...

Posted by soojinhou > 2020-08-17 22:55 | Report Abuse

Actually it's unlikely Malaysian glove makers can go anywhere else because natural gas is one of their main cost and it is subsidised by the government.

Posted by Erudite > 2020-08-17 23:06 | Report Abuse

Tis conversation. Going nowhere. Facts all Salah wan.

1. Pls check wit margma, number 1 complain 4 glove makers is high cost of natural gas where global natural gas price fall but our Govt still charge higher natural gas price 2 industrial parks. Subsidy from whom? Subsidy go where? TNB, Gas Msia?

2. Thailand next biggest supplier after Msia! Tats why Top Glove got factory in thailand la brada.

Posted by Erudite > 2020-08-23 22:33 | Report Abuse

If gov do stupid things, all stock investor will marah

Posted by Up_again > 2020-08-23 22:36 | Report Abuse

That’s why I keep saying
All glove investors should boycott Maybank IB and it’s brokerage services

Posted by stockraider > 2020-08-24 00:49 |

Post removed.Why?