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u forgot to say the share price oso much lower than pre pandemic,and the cash flow is much more than pre pandemic which is around 2billions,and with this high opr rate time,rich cash flow is the key to keep survive,other than that,they r still making money isnt it?they r not like small players in this industry which is already making loss in last 2 quarters
Lower ASP, more competition, higher raw material, and higher labor cost than pre covid, that’s why the share price is much lower then pre covid…without its positive huge pile of cash, think the stock price would have been much lower than now
Anyway I think the downside is limited, and it’s not a bad idea to collect some for future, besides that, kossan has other businesses other than glove..ie rubber products for engineering and industrial