Careplus glove factories are in N.Sembilan. Away from TG. Also they have already taken early precautions to prevent covid 19 infections and transmissions among its workers. So they are safe and factory production normal and not affected.
ASP & spot price will increase much higher. The top 3 and the second level 7 manufacturers of gloves will have to receive hugh demands to cover for TG 25% world wide supply. Its like oil prices. When there is supply disruptions, the demand increases. The Oil prices increase. Same here. Glove prices will increase.
CORPORATE NEWS12h ago Top Glove confirms temporary stoppage of production plants in Klang due to Covid-19 KUALA LUMPUR: Top Glove Corp Bhd said it has temporarily shutdown 16 facilities in Klang since Nov 18, while the remaining 12 plants in the location are operating at reduced capacities.
Isu darurat di Gerik, Bugaya disentuh di parlimen hari ini Bernama
Diterbitkan Hari ini 8:44 am Persoalan sama ada kerajaan bercadang menasihati Yang di-Pertuan Agong mengisytiharkan darurat di kawasan parlimen Gerik dan Dewan Undangan Negeri (DUN) Bugaya seperti yang dilakukan di Batu Sapi antara isu akan dibangkitkan pada persidangan Dewan Rakyat hari ini.
The factory closure is temporary...COVID patients will recover! There will eventually be an uptrend. Personally, I will buy a few more to keep. Glove counter stocks are for a longer term investment now in my opinion.
Three more market days to be include into MSCI Emerging Market Small Cap Index. Expecting Indices benchmarked foreign fund, known as passive funds will emerged very soon.
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....
Taipan
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Posted by Taipan > 2020-11-24 08:16 | Report Abuse
Careplus glove factories are in N.Sembilan. Away from TG. Also they have already taken early precautions to prevent covid 19 infections and transmissions among its workers. So they are safe and factory production normal and not affected.