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Global glove demand is slowly coming back already, expected to hit about 455 billion pieces by 2026. As the glove industry recovers, demand for calcium carbonate should also grow together
Small cap counters like Zantat usually need that main board stamp for the big institutional to finally pay attention and start loading up. Until they make the jump, expect the liquidity to stay quite thin and the price action to be more retail driven
Zantat just released its Q1 report. The company posted strong revenue growth, but still ended up in a loss because of higher freight and logistics costs, as well as increased advertising and marketing expenses
Steady lah you catch the dip at 14sen because the momentum looking quite solid lately, now jst hold steady and see if it can break past the next resistance level
Top Glove just posted a 3Q profit that more than doubled on higher sales. Looks like time for its raw material suppliers, especially calcium carbonate players, to start dancing already
If Top Glove Corporation Bhd really getting their act together, then Zantat Holdings Berhad order book confirm got good chance to grow soon lah. Since calcium carbonate demand usually move together with glove production output, this counter looking quite solid if you want to ride the recovery momentum