wao, this question..... after seeing even comfort and rubberex earning doubled or tripled, if kossan as the third largest glove factory in Malaysia got no increase in revenue is totally unacceptable, i believe they will have very good result next qr

There is a huge disconnect between the share price/buying interest and the fundamentals in terms of PE and EPS in relative to other top glove stocks for quite some time now. It is hard to think of any other logical explanation. I guess we will find out soon towards the merdeka date.

if you look at the COVID19 infection graph, there were only 88k cases on the first of March and all the cases were concentrated on China alone. The spread to the rest of the world exponentially only started from the end of March. The end of March QR hardly reflects the increase of glove demand due to the Coronavirus.

Next QR for the Top 4 glove manufacturers you can expect a huge spike in revenue and profit increase as already reflected by TopGlov recent QR which include the month of Apr and May. The increase is attributed to 4 factors: 1) Increase sales volume close to maximum capacity output due to demand more than supply globally. 2) Increase of average selling price of gloves due to supply shortage. 3) Currency exchange rate MYR to USD up from avg 4.1 to 4.3
4) Lower cost of raw material latex nitrile