THE THREAT ARE MANY MANY MORE NEW GLOVES PLAYERS COMING, THEY MAYBE HAPPY TO CHARGE LOWER AT 25% PLUS NP JUST TO GET THE SALES LOH...!!
Posted by Sslee > Dec 17, 2020 1:06 PM | Report Abuse
Just a simple question if you charge your customers your products at about 10% NP margin for the past 10 years and now due to Covid you charge them with 60%+ NP margin what will they feel?
So are you going to increase your price to 80%+ NP margin?
And what should be the NP margin % post Covid? And how many customers you are going to loss because of the 80%+ NP margin you charge them when they need your support? And how many of your customers will buy from the new comers?
Gloves is an evergreen business. Hold long term is better than goreng here and goreng there. Stay invested...prices driven by IBs, beyond our control. Fundamentally a good company, so prices will go up in due course,,,,wait... be patient.
Now it’s downtrend so relax lah...Careplus is not going anywhere. Profitable company still...where u wanna invest...banks and oil and gas...ok diversify sikit but no need to yell cut loss so fast...unless you borrowed to buy shares.
Don’t worry Megatif you have just hold for a while longer, if cannot hold don’t despair, cut loss and make back on other counters cautiously. Market is always here for us to play in...all the best!
There is a lot of un-substantiated fear that glove supply, based on the announced capacity expansions, will exceed demand from 2021 onwards. No one has offered any figures, calculations, or rational explanation why this will be so. A lot of the projections and reports given by analysts are based on pluck-from-the-air estimates and gut feel assumptions.
In this paper, the writer has diligently adhered to information and figures from authoritative sources, such as the Big Four manufacturers and MARGMA. And there is no oversupply up to 2023 and possibly beyond that. Reports of oversupply of gloves, without concrete evidence, is just fear mongering and fake news.
I feel so sorry for those who sold earlier lar. Haiyaaaa. Tomorrow onwards is glove and healthcare rebound day. The new covid19 strain in UK will spark glove interest again. Simple common sense sia.
prevailing facts, for most of the glove companies out there 1. Glove demand is still high 2. daily covid 19 infection rate is still high 3. Vaccine is sort of available, but not much support in terms of efficacy and reinfection etc 4. Company is still making money
everytime When Careplus close green , those annoying person will suddenly disappear at here and you will see them in another counter saying how bad is that counter, I'm really curious what happened to them.
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....
Seeyounoup
1,201 posts
Posted by Seeyounoup > 2020-12-17 08:54 | Report Abuse
carepuls buy buy buy .all glove start to go