1 person likes this.

14 comment(s). Last comment by moneypedia 2020-09-06 18:57

greedy44444

2,497 posts

Posted by greedy44444 > 2020-08-31 01:28 | Report Abuse

Billions of medical gloves from Thailand coming to grab market share from Malaysia top four glove companies very soon. All the high expectation of higher ASP going to the drain when billions of Thailand's gloves flooding the market.

KH8668

59 posts

Posted by KH8668 > 2020-08-31 02:25 | Report Abuse

I agree

goodjoe

486 posts

Posted by goodjoe > 2020-08-31 12:30 | Report Abuse

Niama Thailand no capabilities la, they good in tourism and tom yam, you think make gloves like making tom yam? Niama

stockraider

31,556 posts

Posted by stockraider > 2020-08-31 14:03 | Report Abuse

When peak demand

excess capacity and many competitors coming

vaccine coming

Where got future growth leh ??

Posted by geary > Aug 31, 2020 1:57 PM | Report Abuse

PZOGRO In US, ppl buying Apple Tesla until stock split today’s also keep pushing higher; but Malaysian will normally do the other way. Buy before stock split and Sell after stock split! That’s Malaysian! Happy Merdeka!
31/08/2020 1:47 PM

For counter with high earnings growth...still have legs to run...plus there are final n special dividend...o:-)

newbie8080

2,768 posts

Posted by newbie8080 > 2020-08-31 23:01 | Report Abuse

Sri Trang Thailand has 33 bil capacity only.
Global demand is currently over 320 bil with current supply(Big 5) less than 230 bil.
The rest has to be delivered next year which is a backlog of more than 9 months.

Posted by Jackthejeep > 2020-08-31 23:32 | Report Abuse

People are naive, they think Malaysia glove makers are the only one who will earn every penny until they all die. Wake up lor time to face reality

Posted by Jackthejeep > 2020-08-31 23:33 | Report Abuse

China one saliva also can bury you deep deep lor, what more of glove production? They will overtake the market share soon

Ny036

717 posts

Posted by Ny036 > 2020-08-31 23:40 | Report Abuse

Once China serious to produce glove, it is game over for glove industry in Malaysia.
Max within 2 hrs glove company in Malaysia production cut in half.

Ny036

717 posts

Posted by Ny036 > 2020-08-31 23:45 | Report Abuse

Now mask per package is only rm9.90

Posted by Jackthejeep > 2020-08-31 23:58 | Report Abuse

Agree, some people are fools, people who never learn from history are doomed to repeat it

Seek

443 posts

Posted by Seek > 2020-09-06 14:39 | Report Abuse

Rubberex latest q pat 23m. Production 1b nitrile glove per annum. Q is for month of April, May n June 2020.
TOP glove q for month of June, July n August 2020 with production of 80b per annum will give what pat?

jjyeo

12 posts

Posted by jjyeo > 2020-09-06 16:58 | Report Abuse

rubbish article..implying that history will repeat itself easily..2009 and 2020 is under different market conditions now

ALL9293

1 posts

Posted by ALL9293 > 2020-09-06 17:05 | Report Abuse

R4

moneypedia

5,987 posts

Posted by moneypedia > 2020-09-06 18:57 | Report Abuse

china has the capacity to depress prices. i just buy face mask from shoppe shocking sale RM16.90 per 100pcs 3 ply one woo. if use shoppe coin can get as low as RM12.00WOO... Imagine happen to globe if they serius....

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