SMCI
Super Micro Computer
-- 37.309 NVDA
NVIDIA
-- 140.000 TSLA
Tesla
-- 354.405 MSTR
MicroStrategy
-- 384.851 MARA
MARA Holdings
-- 26.130 
Extraordinary demand had ended, revenue normalized, but expenses still high...
$Top Glove (BVA.SG)$ sgd 0.215. It is time to reduce the expenses. If covid-driven scaled-up production and its related cost is not permanent, we are safe, else it will be very bad. This is in consideration of the current challenges, i.e., over-supply, increased competition, raw material price hike (e.g., latex, crude oil), minimum wage increase in Malaysia in 2022, and others.
The extraordinary demand may had been due to hogging mentality (excessive stockpiling) rather than real usage rate.
In addition, the new entrants to the glove production industry esp. from China may stay for good and contribute to the already competitive market.
Ref.
1. The Business Times: Top Glove sinks into red with RM52.6m loss as orders slow, costs escalate (https://www.businesstimes.com.sg/companies-markets/top-glove-sinks-into-red-with-rm526m-loss-as-orders-slow-costs-escalate)
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