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I don't think they will go out of business though stock will tank coz most people who buy this stock are not glove users lol. it is perfectly normal. if there's a better stock to buy why not. look at supermax at its ability of doing business
I still have not own any glove stock. I just exited Novavax I was thinking to buy some local glove but the trend just not there. I do think the market overreact vaccine effect on revenue. I am waiting for reversal. valuation wise I do think they are in better position to make some changes to their business since they are holding healthy cash and dividend was not as high topglove. vaccine does not mean glove demands will return back to precovid level as it is not a public consumer product
