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I wont feel surprised if suddenly up 30% as the world pandemic keeps rising and it might brake a new record of daily cases in the world. Last year Europe was the only one who facing a critical pandemic but this year is the world pandemic.
@Sk Ng I think you’ve missed out lots of news. Many foreign countries have rejected the items from China due to incompliance of standard. I guess you’re one of daobao favourite buyer who like to buy China items.
Many thinks that glove is over supply but in fact, there is a shortage of glove in the worldwide as Delta is hitting more than 100 countries up to date and followed by Delta +. I predict Sept or Oct, there will be a huge pandemic breakout in the worldwide. Many countries will face a shortage of oxygen, glove, bed, medical, vaccine, etc.
I’m following EPF to collect tickets daily. The price is super cheap compared to other industry. The big shark will come in soon as Glove Industry can help them to earn more.
You’ve done a good job. Buy when people sell and sell when people buy. I keep buying from time to time too. I never think how long it will drop but I only think how much should I sell when the price up. Last year I earned 5 times when i sold all my share when they kept buying and pushing up the glove industry. Ended up, many people faced a big loss because they followed an uptrend.
People are now in selling pressure, EPF is very smart in buying more and more shares. I’ve followed EPF to buy/hold more shares. This is an easy money to earn in glove stock.
