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top glove stock price could have reached the peak. Thailand enter the glove market race which will increase further supply contracts in future with countries that need gloves. good luck
latex allergic issue can be solved. that's why Thailand is confident of ramping up their production capacity. the Thailand before and now is entirely different. I believe no one wants to make a losing business especially after big amount of investment. just my 2centa
In term of quality, Malaysia rubber is much more superior than Thailand. This is the reason our glove maker has been dominating 65% of world glove market. The branding is there for a reason. Besides this, technological advantage play a part too especially nitrile glove
Do u knw the biggest glove manufacturer in thailand planing to achieve 70b productivity~ which still lower than topglov's current productivity~ and natural rubber glove could cause allergic
YinG Thailand improves a lot compared to Malaysia. Thai BAHT is stronger than MYR. the whole KLSE is majority supported by gloves stock counter otherwise it slide to a record low.
when Thailand announced their intention to compete with Malaysia definitely they are well prepared. chemicals can keep those allergies away and if they sell at lower price you think countries will choose whose product as we know now many countries government having some tight budget and financial constraints.
Agree on JLK, if it werent for glove counters, we could be around 1100 range for KLSE, that is why many are fearing the gloves bubble, once that pops say sayonara to KLSE
If thai baht rise more than RM~ means RM are cheaper~ so the price for malaysia's product would be cheaper in currency~ i dont know whether natural rubber glove's price are lower than nitrile or not if additional process for the allergic chemical~
strong Thai BAHT doesn't translate to higher price for their gloves. to compete they'll lower down their prices and comparable to RM. more and more gloves companies sprouting and want a share of the covid19 theme market. good luck
Jack Jeeper just go back to your vaccine counter and don't spread fake news lah. KLSE still got 1300 to 1400 if glove counter remain last year end price.
The factory and production line need at least two years to build to get big production,at that time glove price already drop and not profitable, they just waste of their time
janus when gloves abundant can top glove sustain the extremely high price? current price is extremely high and it's already a success. what will happen to those that entered above 30 should the slide happened?
This I have to agree, when more people joining in the business, market share will be diluted, thus the ASP down and this will affect businesses with too many production lines to be left dormant (depreciation)
jason u cn go n check who attack first , he is the one keep on blaming glove counter supporter bad heart , he is the one start the fire , at dpharma counter keep repeating glove is over , do we glove supporter do all this rubbish things? we do believe glove and vaccine will work tgt , but jz vaccine nid time to develop
jason yea , normal investor will not do so , bt u cn c tis jack is totally diff, firstly claiming glove is over in own counter , thn no much supporter , so come glove counter to gain attention hahaha pity him , ask him to do research thn he twist it say u bad heart do not want vaccine to be available
I already sold most of my holdings before the Sabah election kicked in, that's why rarely open, how I know this person everyday come sour me hahaha, notifications overflowing