RGTI
Rigetti Computing
-- 17.5952 TSLA
Tesla
-- 434.862 LAES
SEALSQ Corp
-- 9.090 NVDA
NVIDIA
-- 136.000 PLTR
Palantir
-- 78.480 Is the position of Malaysia's glove leader in jeopardy?
TOPGLOV's stock price has fallen 10% in the past month, and one reason is the continuous decline in revenue. The latest quarter has made provisions, resulting in the company's first annual loss since its listing.
Furthermore, the management's goal is to return to profitability in the next 6-12 months, which means there will be continued losses for several more quarters. We compared the latest quarterly revenue of overseas glove companies, including China's English and Blue Sail, as well as Thailand's Sri Trang, all of which have surpassed TOPGLOV's revenue.
The former leader in the glove industry has now been besieged by China and Thailand. Whether it can break free from this situation in the future depends on whether the management can turn things around. How do you all view the future of the Malaysian glove sector?
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010Leo : I invested in riverstone, still giving dividends, don't expect price to go sky-high during covid, strong fundamental, sound management... waiting to see an uptrend in profits.