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Aduhhh… I mention glove stock bcoz you use topglove as an example.. lol speechless..
Look at 10 yr chart of carlsberg it still showing uptrend. Islam country? Yes, it’s a risk. But they also have SG biz & India biz, did you know? I bet you don’t, that’s why making noise here..
Money is not an issue lo. From my experience, when ppl got money they drink higher premium beer or liquor. When no money, they just switch to lower premium beer.
If I invest in Carlsberg 10 yrs ago, I still make money. I don’t invest in glove stocks. Seeing how intense the competition is for this glove industry, it’s logical that one should be more careful in glove than brewery where the latter has pricing power. The other is just constantly find ways to cut costs. This is logical thinking and not just bcoz COVID, you should invest in glove & hold forever.
Before COVID you drink beer, after COVID you don’t drink? I only see ppl stop wearing mask
& glove after covid.
