Now Top Glove factory at klang extend another 14 days... therefore i believe they will ramp up production at Thailand... which will indirect benefit to dnonce...
ya... currently Top Glove no choice have to focus at thailand there... TopGlove shut down 28 factory.... demand will flow to thailand and luck topglove factory ready 4B production...
Did D'ounce makes contact with AT, Mah Sing, Vizione, Salcon, Fintec, Ocean etc, as these 2nd tier Glove Manufacturing companies needs Glove packaging for their Gloves..
That's what the operator wants you to think. 50% increase capacity in the near future. Probably accumulated so much that sacrificing some to throw retailers of the scent
D'nonce Technology — Riding on the booming glove and E&E sectors Target price: 88 sen — Riding on the booming glove sector and electrical & electronics (E&E) sector, seen achieving record earnings in FY21 as their packaging boxes are used by major glove manufacturers — It makes glove boxes in its Sadao facility in Thailand, where it supplies to major glove makers such as Top Glove Mercator, Halyard, and Sri Trang, with an estimated 30% of the local market share — Earnings contribution from the Sadao facility will gradually come on stream in 2HFY21 and full contribution from the expansion by FY22 — Also serves the E&E sector with major multinational companies of memory drives and semiconductor manufacturers, providing cleanroom services, box-build assembly, and manufactures plastic components parts mainly used in PCB assembly
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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....
FutureGains
10,709 posts
Posted by FutureGains > 2020-11-26 16:52 | Report Abuse
tmr if breaks 62c ,,,NExt TP 70