this pandemic has trigger worldwide businesses to start looking into this glove biz... i think over the next few years market share of malaysia glove maker will shrink and pretty sure by that time every glove maker will fell into price war in order to survive... that's the reason why people are shorting gloves counter... share price reflect whats coming up, not the history... Buy with cautious.

Dollar cost averaging, tell me more about that if you bought lot of shares at rm9, you averaged at RM7, RM5, RM 3 and if the price dipped to RM 2 and then it fluctuated around 2 and 3, would you think it works? With your dollar cost averaging...

They have been operating for more than 30 years and been going up n down and competition. In fact back in early 2000 there were so many consolidation and many small players closed biz due to price war. China no longer has the lower cost advantage as China no longer like 20 years ago. Their ppl has been earning higher wages and the standard of living is much higher now. you think still like Tong Shan meh? Malaysia is the cheaper country now lah.

you go and see that stats reports lah by those research company. average yearly earning for manufacturing in China is around 80k yuan. Malaysia average yearly earning is only around rm30k. that s y now those low end manufacturing is moving from China to Myanmar and Cambodia.

I suspect the buying crowd got they also lo. today Friday, they might continue until reaching the price that the entities richer than them think decent. or the price that they think it's no longer profitable for them to push lower.

my maths no good, what I know is precovid profit 100Mx4, price around RM4.2, which is about today's RM1.40. You all sifu2 calculate then let me know la ha, example scenario like 200M/quarter ; 300M/quarter ; 400M/quarter also can. the more complete the better :)