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In uncle opinion March Qtr and June Qtr will be weak before potentially improving in Sep Qtr. Glove investors may need to wait a bit more before improvements. After that, if the uS tariffs on China remains high, then there could be more permanent performance moving forward
Uncle hope this stock doesn't revisit 60+c level...this latest pump and dump started after US tariffs on China (145%), however now US-China have confirmed trade negotiations are taking place so will it drop back to previous levels...
Harta latest Mar'25 Qtr results was weaker QoQ but profitable even as analysts had forecasted losses. That said, there is still material uncertainty and a difficult operating environment for the glove industry
As always please follow Uncle profile to receive latest updates as soon as there are developments in the glove sector
US-China just announced tariff reduction deal. Uncle so far perfect timing this stock market cycle hope glove investors do not get disheartened Uncle just sharing insights and research here. As always please follow Uncle for latest stock developments it is free forever Uncle will never sell you anything or ask you to subscribe or to join any "investment group" for "tips" or invest in any such scheme
Uncle already mentioned here on 18 April 2025 that 1Q25 results will have larger losses compared to 4Q. As stated in the Qr report, sector still tough and demand-supply situation will only improve in 6-8 months
Hi Tee, based on Uncle's sources it will be difficult until Sep or Dec quarter. Whether still profitable or not, it will be at the margins - in other words it will be dependent on how the co's manage their costs - regardless performance will be weaker than the Dec 2024 (or equivalent) qtr results. Note however that the market is forward looking and Uncle is unable to guide as to the stock movement
Uncle already mentioned not the time yet. Please follow Uncle for the latest updates it's free and will never ask you to join any group for "tips" or ask you to invest in any such schemes