$TOPGLOV (7113.MY)$
TopGlove seems to be stuck between RM0.9 to RM 1 but based chart seems like no momentum to maintain. Therefore i would suggest to buy at support which is around RM0.9 as it is potential it may drop to the resistance due to current market sentiment. However, if it break below RM0.9, then the next support is RM0.84. Also, it will be releasing its earning on 10 Oct 2024. What do you guys think of TopGlove Q4 earning. Comment be...

The recovery momentum of the Malaysian glove industry is gradually improving, market experts believe that this is a good opportunity to accumulate glove stocks, and specifically mentioned the high-yield Chen Pi Industry and Hershey. $KOSSAN (7153.MY)$ and Hershey. $HARTA (5168.MY)$
The research report by Volkswagen Investment Bank on Monday indicated a good sign of recovery in the glove industry, as both product sales and average selling prices are rising, which will all be drivers of revenue growth for industry players.
In the latest quarterly performance, the glove industry players we are focusing on all saw an increase in product sales, leading to a sequential revenue growth.
According to data from the Department of Statistics Malaysia (DOSM), our country's glove exports grew by 14% year-on-year in the first half of the year, while production volume increased by 6% year-on-year. Therefore, analysts predict that overall glove sales will continue to rise.
Despite the losses incurred by Top Glove $TOPGLOV (7113.MY)$ still incurring losses, but Hartalega and Kossan Rubber Industries respectively recorded core net profits of 36.7 million ringgit and 26.8 million ringgit.
Better pricing position.
"We understand that the average selling price for every 1000 gloves fluctuates between 20 to 21 US dollars, slightly higher than the 17 to 18 US dollars at which Chinese industry players sell."
The analyst continued, as customer inventories are depleted, they are more willing to accept price increases, which narrows the price gap between Malaysian and Chinese players, indicating that market price competition will become more intense.
However, we are bullish on Malaysian industry players being able to continue raising their average...

$MARCO (3514.MY)$ has always been a great company for defensive stock. It's revenue remains stable all the times even though during crisis like COVID-19. This company has been so generous to give 20% dividend yield for the past 2 years which are 2022 & 2023. As before 2022, the dividend rate was only 2-4%
The reason behind is due to they started to give back the investors for being so supportive from their accumulated profits over the years. However, the profit poo...