Can glove makers maintain their performance?

TheStar Sat, Dec 05, 2020 08:20am - 4 years View Original


Players have enjoyed supernormal profits, given the surge in both demand and the average selling prices of gloves. As a result, listed local glove producers have experienced a meteoric rally in their share prices, with Supermax Corp Bhd and Top Glove Corp Bhd jumping by as much as 1,100% for and 330% respectively this year.

THE rubber glove sector has been one of the biggest winners during the outbreak of the coronavirus (Covid-19) pandemic.

Players have enjoyed supernormal profits, given the surge in both demand and the average selling prices of gloves.

As a result, listed local glove producers have experienced a meteoric rally in their share prices, with Supermax Corp Bhd and Top Glove Corp Bhd jumping by as much as 1,100% for and 330% respectively this year.

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Comments

Zafri Abdan
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Healthcare volatile intact in 4th wave, even 5th wave (unlucky country) coming next year due to eagerness of vaccine. Complacent, myth and recalibrated new norm of human psychology. 1st n 2nd Q 2021 also a challenging esp for 3rd World countries.
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Raimin ariffin
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Mahsing can be considered as still very very cheap below rm1.00.
Absolute Total Compound
I have a chicken two KILOGRAM.

I LIED TO YOU , SOLD TO YOU with fake weight 4KG.

You knew my trick, but you don't care at all, still bought it because you can sell it by lying 8kg to other , so 4KG is cheap for you.

But For me, fair weight is 2kg, because it weights 2kg only.
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Like · 4 years · translate

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