Jul 20 2021, 03:33 AM
QUOTE(lynnssssss @ Jul 15 2021, 09:55 PM)
hi all - what is your opinion on the long term growth of this company? from my limited knowledge, i dont think they can replicate last year earnings (due to Covid glove demand?) that reflect the high share price, what do u think on the future growth?
thanks!
1) New Competitors (Not only from Malaysia) booming up.thanks!
2) ASP dropping
3) panic buy dropping
4) government getting poorer (forcing them closer to collect windfall tax)
5) US keep condemning Malaysia glove makers time to time.
6) more costly to resolve labour wellness issue. (unless they fully reformed into IR 4.0 with minimum labour)
conclusion: not until next massive pandemic in 5 to 10 years to have the same miracle happen again.
This post has been edited by hybr1d3d: Jul 20 2021, 03:38 AM
Quote
0.0330sec
0.44
7 queries
GZIP Disabled