$Top Glove (BVA.SG)$ factoies stoppe prodution.. how to go u...
$Top Glove (BVA.SG)$ factoies stoppe prodution.. how to go up at this point of time?
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moo2021 : Glove shortage, slowly people start pile up inventory, price will reflect on it. Next qtr profit is even better. Buy hold for next qtr, not buy for rebound, let be clear.
lit tee : Thailand, and china got factory
divinepapa moo2021 : The logic doesnt work that way. No production where the fundamental of inventory replenish? Further, the stop order represent no revenue generating which impact this quarter and next quarter to build inventory since the implicatio mfg the glove doesnt work overnight. The machinery require commisioning perhaps easier to understand that you dont use ur car after two weeks and try to speed the car at same rpm as before is impossible. Likely battery dead and more to check which is the commission process while the in process semi or raw mat that stop order caused discontinued that start over will be another.
Leefh : Based on current Malaysia situation where political instability, economy worsened plus COVID-19 getting worst, No chance to go up in short term plus mid to long terms possible.