If you don't know what's the Fair Value for this share b4 you buy, then you're gambling

This post has been edited by DanielW: Dec 28 2009, 09:11 PM

Where did you get the news from?

It's still too early to say if the stock will U-turn. But it's selling at an attractive valuation now. The best strategy will be to buy in stages.

Probably someone is burning it down to reduce over-supply of rubber gloves in the market..

This post has been edited by DanielW: Oct 4 2010, 11:18 PM

Could be temporary rise only..

"The strengthening ringgit, rising latex prices and overcapacity in the industry are expected to translate into thinner margins for Malaysian rubber glove manufacturers."

http://www.theedgemalaysia.com/business-ne...e-ijm-land.html

I think it's gonna take years for USD to be strengthened since they print so much money already..demand won't suddenly go high unless there is H2N2 outbreak

Lower latex price is possible because the price of this commodity is always volatile. Another positive factor will be reduction of overcapacity problem which this industry is facing now, as well as better management of cost. Wait for the next quarter earnings report in 3 months time.