A lot of catching up to do for sure hence potential upside compared to other glove counters is big. It is undervalued at the moment given all the internal board issues. It has been buying up treasury shares in abundance and heading towards RM1 is no issue. Range bound between 90-95sen before lift off.
As the industry recovers, the Group foresees the upward momentum will accelerate for Malaysian glove manufacturers with the high number of foreign manufacturers' gloves being included on the U.S. Food and Drug Administration (FDA)’s import alert list. Top Glove also anticipates amplified business opportunities in the U.S. market following the U.S. government’s impending imposition of steeply increased tariffs on medical gloves from China, making it unfeasible for Chinese glove manufacturers to continue exporting to the U.S. Customers from the U.S. are expected to start moving away from outsourcing orders to China ahead of year 2026 when tariffs take effect,
When is Supermax going to get rid of their Investor Relation officer, if they have one or get a good effective one if they have none at the moment. There’s no one telling the Supermax story as its CEO seems to be MIA or not visionary enough. Can’t even put up a decent website!
Donny Chan is the Director of Business Development and Government Affairs for Maxter Healthcare Inc, a wholly owned US based PPE manufacturing and distribution subsidiary of the Supermax Corporation, one of the world’s largest medical glove manufacturers. Currently, Supermax Corporation exports to over 150 countries with a network of corporate distribution centers in the USA, Brazil, Canada, the UK, Ireland, Hong Kong, Singapore and Japan.
Be sure to join us on July 18th to hear from Donny Chan and our other fantastic speakers!
AMMA to USTR Katherine Tai on modifications of tariff date and raises tariff rate to 100%.
Specifically, AMMA encourages the Administration to take the following actions in finalizing the proposed modification: • The tariffs on all face masks, gloves, syringes, and needles of tariff subheadings 6307.90, 4015.12, 4015.19, 9018.31, and 9018.32 should be raised to a minimum of 100%. • The effective date should be August 1, 2024 for all increases in tariffs on these critical medical supplies. • The Administration should undertake a whole-of-government approach to support reshoring of America’s supply chains for critical medical supplies.
Maxter Healthcare Inc.'s fun fact of the day: More than 5,450 total tons of steel make up the internal structures of our first production buildings (Phase 1). The buildings were engineered to be Category 5 Hurricane rated but more importantly, they were designed as a solid housing and stable foundation for our state-of-the-art advanced glove production lines (currently being installed). We are building in Brazoria County for the long-term and for the future
Trump has pledged a blanket 10% tariff on all imports to incentivise US domestic production if he becomes president again. South-East Asian countries with big trade surpluses with the United States could become a target for Trump.
A more severe variant of covid making a comeback. Australia currently is in winter season and many of my relatives got covid. Whole household not one or two and more severe compared to previous variants. Taking longer to recover, feeling more sick eg bone aches and headaches. Paris Olympic in summer but higher than normal cases of covid have been reported. What the article below said is atypical (not normal) cause usually you don’t see this many cases during summer. Hence UN is giving warning now because they are expecting more cases coming winter season. Good time to load up on Supermax!! https://news.un.org/en/story/2024/08/1152866
ANKARA (Aug 15): The World Health Organization (WHO) on Wednesday declared the mpox situation a “public health emergency of international concern”.
“A public health emergency of international concern is the highest level of alarm under international health law,” the Anadolu Agency quoted WHO chief Tedros Adhanom Ghebreyesus as saying on X.
Posted by ChekHupCoffee ANKARA (Aug 15): The World Health Organization (WHO) on Wednesday declared the mpox situation a “public health emergency of international concern”. “A public health emergency of international concern is the highest level of alarm under international health law,” the Anadolu Agency quoted WHO chief Tedros Adhanom Ghebreyesus as saying on X.
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....
Zrenxy
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Usa fund institutions is entering at 0.885