Posted by InfinityTifanny > 2 weeks ago | Report Abuse

Ongoing debate. Which side you choose? 🤣

https://www.wsj.com/livecoverage/harris-trump-presidential-debate-election-2024

Posted by Ghazaar > 2 weeks ago | Report Abuse

Sharks are aiming to collect when it drops below 90 cents

Posted by yfchong > 2 weeks ago | Report Abuse

Kwap strong supporter yeah

Posted by AngAngBoHaiLang > 2 weeks ago | Report Abuse

i from glove industry, i duno why u all said so, the market of glove are going up now, everyday got new order come in, and the price also going up a lot, haha

Posted by kl_guy > 2 weeks ago | Report Abuse

sinGor, if eu and us ban glove from msia where is they going to get glove ? china and south america country ? I think kamala will win .

Posted by xiaoeh > 2 weeks ago | Report Abuse

Posted by AngAngBoHaiLang > 11 hours ago | Report Abuse
i from glove industry, i duno why u all said so, the market of glove are going up now, everyday got new order come in, and the price also going up a lot, haha

Dear AABHL
China is going to set their glove plants here Thailand, Indonesia etc
any inputs from u...?

Posted by InfinityTifanny > 2 weeks ago | Report Abuse

What's the current asp for glove now, AngAngBoHaiLang? if you don't mind to share🙂

Posted by Arsenewenger8383 > 2 weeks ago | Report Abuse

USTR raised tariffs to 50% on medical face masks and surgical gloves, from an initially proposed 25%, but delayed their start to allow a shift to non-Chinese suppliers... Got good news tonite... Get ur ticket ready next week..

Posted by Arsenewenger8383 > 2 weeks ago | Report Abuse

Besides that, there will also be increases in tariffs on Chinese medical face masks and surgical gloves to 50% next year and then to 100% in 2026. That compares with the initial plan for an immediate 25% tariff. But the ones mentioned above are the heavy hitters.

Posted by Patron > 2 weeks ago | Report Abuse

Gloves Sector Flash Update (UOBKH)

USTR Raised China Surgical Gloves Tariffs to 50-100%

In a 105-pages official announcement just released, the Office of the United States Trade Representative (USTR) announced final modifications on the statutory review of earlier tariff actions on China.

This is an update from earlier proposed modifications announced in May 2024.

Key updates are on: new timing and tariffs rates on face masks, medical gloves, needles, and syringes. Also includes: i) a proposal regarding coverage of additional tungsten, wafers, and polysilicon tariff lines; ii) an exclusion for ship-to-shore cranes ordered prior to May 2024; iii) an expansion of the scope of the machinery exclusions process; iv) and modification of the coverage of proposed exclusions for solar manufacturing equipment.

To recall back in May, US increases higher tariff of 25% (from current 7.5%) on China’s rubber medical and surgical gloves’ exports beginning 2026.

The tariffs on China medical gloves are now raised to 50% in 2025, and 100% in 2026. Refer to page 18-19 of the under medical gloves segment, “The U.S. Trade Representative has determined to increase the rate of additional duties on medical gloves to 50 percent in 2025 and to 100 percent in 2026.”

This higher tariffs were not entirely a surprise, as we’ve been taking a leap of faith and highlighted possibilities of further detrimental policies towards China’s exports. Our contrarian OVERWEIGHT rating on the Malaysian glove sector were also largely premised on such potential scenario.

This steep tariff hike modification on China gloves undoubtedly solidify Malaysian glove industry’s market leader position and allays earlier concerns on market share losses due to stiff competition.

We expect share prices of Malaysian and Singapore glove stocks to strongly react towards this newsflow._

Maintain BUY on Harta (RM2.42/TP:RM3.66); Top Glove (RM0.915/TP:RM1.45) and Kossan (RM1.83/TP:RM2.42).

Next meaningful sector event will be Top Glove’s 4QFY24 results releasing on 10th October.

Posted by Killsthebear > 2 weeks ago | Report Abuse

Mysterious fever claims 16 lives in India
The outbreak has been reported in several villages of Kachchh district, about 380km west of Gandhinagar, the capital city of Gujarat.

https://www.sinardaily.my/article/221371/focus/world/mysterious-fever-claims-16-lives-in-india

Posted by icecool > 1 week ago | Report Abuse

wow crazy glove day

Posted by EVO118 > 1 week ago | Report Abuse

What is brewing? Not Oct yet!

Posted by bullrun168 > 1 week ago | Report Abuse

Walaoeh, what happend ?
Super damn hot man Topglov today !
Now Topglov was traded at @RM1.21 (+0.295) (+32.2 %)
Heng ah, Ong ah, Huat ah !

Posted by speakup > 1 week ago | Report Abuse

TP rm3
last time peak was rm18

Posted by speakup > 1 week ago | Report Abuse

look like funds swapping from bank to gloves. covid 2.0 mali?

Posted by crazypapapoor > 1 week ago | Report Abuse

just enjoyyyy the show~

Posted by AngAngBoHaiLang > 1 week ago | Report Abuse

To recall back in May, US increases higher tariff of 25% (from current 7.5%) on China’s rubber medical and surgical gloves’ exports beginning 2026.

The tariffs on China medical gloves are now raised to 50% in 2025, and 100% in 2026. Refer to page 18-19 of the under medical gloves segment, “The U.S. Trade Representative has determined to increase the rate of additional duties on medical gloves to 50 percent in 2025 and to 100 percent in 2026.”

Posted by Killsthebear > 1 week ago | Report Abuse

LU

Posted by Mrhunter88 > 1 week ago | Report Abuse

short selling before die la ..hahaha...

Posted by AngAngBoHaiLang > 1 week ago | Report Abuse

ya we all know u tak sempat masuk

Posted by Josh329 > 1 week ago | Report Abuse

New XEC covid variant starting to spread.

Posted by AngAngBoHaiLang > 1 week ago | Report Abuse

no need new covid, next month result come out also another big wave😂

Posted by Vincenzo888 > 1 week ago | Report Abuse

Sold TG this morning, locked profit for the 4th time 🤣🤣🤣

Posted by bigprice > 1 week ago | Report Abuse

limit up cmg?

Posted by crazypapapoor > 1 week ago | Report Abuse

konlanfim limit up. jgn koyak

Posted by Bull13 > 1 week ago | Report Abuse

Those who chase high this morning will die. Where got limit up to let you run?? Sell day's low afternoon session..

Posted by yfchong > 1 week ago | Report Abuse

fuiyoh, like this based on FA, TA, or NA. apa macam pun congrats to those still keeping a parcel of glove stock yeah. cheers yum sheng

Posted by crazypapapoor > 1 week ago | Report Abuse

Hartalega hit limit up multiple times........... in one day. apa tunggu.....

Posted by mizieXX > 1 week ago | Report Abuse

mpox detected

Posted by Lukey_Greek > 1 week ago | Report Abuse

The biggest potential beneficiary of US tariff on China gloves would be TG. Only TG has the manufacturing size to fill up the gap left by the China player.

Posted by izoklse > 1 week ago | Report Abuse

Harta Limit Up already now shift to other gloves counter

Posted by 5231428 > 1 week ago | Report Abuse

Top glove next to limit up.

Posted by Lukey_Greek > 1 week ago | Report Abuse

The US tariff of 50% is effective from 1st Jan 25 as per USTR fact sheet. US companies would avoid ordering fr China glove companies due to potential delay of the delivery via shipment before 31st Dec 2024.

Posted by izoklse > 1 week ago | Report Abuse

No wonder Institutional Investor i.e Kumpulan Wang Persaraan, Company Director & Shareholder keep buying last few days. The biggest potential beneficiary of US tariff on China gloves would be TG

Posted by Lukey_Greek > 1 week ago | Report Abuse

Medical Gloves
HTSUS
Subheading Product Description Rate Timing
4015.12.10 Medical or surgical gloves of vulcanized rubber
other than hard rubber
50% 2025
100% 2026

Posted by Lukey_Greek > 1 week ago | Report Abuse

(f) Heading 9903.91.05 applies to products of China that are classified in the following 8
digit subheadings, effective with respect to goods entered for consumption, or withdrawn
from warehouse for consumption, on or after 12:01 a.m. eastern standard time on January 1,
2025:
(1) 4015.12.10

Posted by titan3322 > 1 week ago | Report Abuse

Today shorties still on holiday tomorrow you know lah🤣🤣

Posted by AngAngBoHaiLang > 1 week ago | Report Abuse

huhu, locked profit first..based on May 2024 trend, first day limit up, next day go reverse😂

Posted by Vincenzo888 > 1 week ago | Report Abuse

Xiaoeh you missed the boat again. 🤣

Posted by Vincenzo888 > 1 week ago | Report Abuse

1st Mpox case reported in Malaysia. This guy no travel history 🤔

https://www.thestar.com.my/news/nation/2024/09/17/one-new-mpox-case-detected-says-health-ministry

Posted by Lukey_Greek > 1 week ago | Report Abuse

之前的波浪都是狼来了(美国关税), 这次终于来了

Posted by gohkimhock > 1 week ago | Report Abuse

old news recycled..

Posted by bigprice > 1 week ago | Report Abuse

LU cmg?

Posted by pang72 > 1 week ago | Report Abuse

We can ride top glove from $1 to $28 again after 5 years

Posted by pang72 > 1 week ago | Report Abuse

Whoever miss top glove to become millionaire..
Now is the next chance

Posted by yfchong > 1 week ago | Report Abuse

OK lar, long holding saved by Mr. President. cheers

Posted by crazypapapoor > 1 week ago | Report Abuse

This time $100 no problem la pang. Your 1% can limit up all glove counters ain’t it.

Posted by pang72 > 1 week ago | Report Abuse

Always critic by other of the millionaires because of top glove..

I want to stand up be next millions JUGA

Posted by pang72 > 1 week ago | Report Abuse

My 1% can not limit up glove counters... But, whole malaysian 1%+++++

Can mah...